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Mimaki Engineering (6638) · RiskSG sales up; IP and TA sales down

Dependence on the SG Market and Establishing the IP and TA Markets as Core Pillars

First written in FY2016. 14 of 31 entries say "Mitigated", first in FY2017-Q1. Latest entry: FY2026.

31entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2017-Q1 – FY2018-Q3OtherFY2019-Q1 – FY2022-Q1MitigatedFY2022-Q2 – FY2023-Q32016: 320162017: 320172018: 320182019: 320192020: 320202021: 420212022: 420222023: 320232024: 220242025: 220252026: 12026
Same theme, other companies
Dependence on sales to the SG market and diversification into the IP and TA marketsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026SG sales up; IP and TA sales downAnnual report

    「SG market 34,650 41.4 1.9 IP market 21,557 25.7 △2.4 TA market 9,588 11.5 △7.1 FA business 4,140 4.9 △18.1」

    For the full year, the SG market accounted for 41.4% and grew 1.9% from the previous period, while the IP and TA markets declined 2.4% and 7.1%, respectively. Market diversification has been maintained, although performance in the IP and TA markets weakened.
  2. FY2026-H1SG share maintained; IP and TA revenue lowerAnnual report

    「SG market 16,521,648 42.0 1.5 IP market 9,777,303 24.8 △7.8 TA market 4,548,547 11.6 △14.7」

    The SG market accounted for 42.0%, up 1.5% year on year, while the IP and TA markets declined 7.8% and 14.7%, respectively. Market diversification continues, although revenue declined in the IP and TA markets.
  3. FY2025MitigatedAnnual report

    「SG market 33,994 40.5 14.9 IP market 22,084 26.3 10.2 TA market 10,324 12.3 9.0 FA business 5,053 6.0 11.5」

    The SG market accounted for 40.5%, while the IP market accounted for 26.3%, the TA market for 12.3%, and the FA business for 6.0%. Revenue increased year on year in each major market and business.
  4. FY2025-H1Higher revenue by market, with little change in compositionAnnual report

    「SG market 16,278,264 39.8 14.2 IP market 10,600,501 25.9 11.8 TA market 5,329,368 13.0 30.1 FA business 2,143,959 5.2 0.4」

    The SG, IP and TA markets all reported higher revenue year on year, and the TA market's share rose to 13.0%. The SG and IP markets accounted for 39.8% and 25.9%, respectively, with their shares little changed from the previous period.
  5. FY2024MitigatedAnnual report

    「SG market 29,581 39.1 4.0 IP market 20,036 26.5 △0.5 TA market 9,471 12.5 43.2 FA business 4,533 6.0 △2.5」

    The SG market's share declined to 39.1%, while the IP market accounted for 26.5% and the TA market for 12.5%. The TA market expanded 43.2% from the previous period, further reducing the relative risk of dependence on the SG market. Meanwhile, the IP market and FA business reported lower revenue year on year.
  6. FY2024-Q2TA sales up; SG and IP broadly flatAnnual report

    「SG market 14,251,828 40.2 4.0 IP market 9,484,148 26.8 0.8 TA market 4,097,027 11.6 22.5 FA business 2,135,210 6.0 △4.8」

    In the cumulative second quarter, the SG market accounted for 40.2%, the IP market for 26.8%, and the TA market for 11.6%. The TA market grew 22.5% year on year, while the SG and IP markets were broadly in line with the same period of the previous year, indicating that market diversification continues to advance.
  7. FY2024-Q1RestatedAnnual report

    「Sales to SG market 6,769,797 41.0 1.9 Sales to IP market 4,677,893 28.3 2.7 Sales to TA market 1,596,100 9.7 1.9 FA business 1,050,213 6.4 26.7」

    The SG market accounted for 41.0%, the IP market for 28.3% and the TA market for 9.7%. The IP and TA market shares were broadly at the same levels as through the previous quarter, with no major change reported in market diversification.
  8. FY2023-Q3MitigatedAnnual report

    「Sales to SG market 21,318,495 40.7 14.3 Sales to IP market 14,762,042 28.2 27.7 Sales to TA market 5,103,743 9.7 23.5」

    The SG market's share declined to 40.7%, while the IP market accounted for 28.2% and increased 27.7% year on year, and the TA market accounted for 9.7% and increased 23.5%. Expansion of the IP and TA markets is reducing the relative risk of dependence on the SG market.
  9. FY2023-Q2MitigatedAnnual report

    「Sales to SG market 13,707,269 40.3 11.9 Sales to IP market 9,407,739 27.7 22.0 Sales to TA market 3,345,411 9.8 20.9 FA business 2,243,074 6.6 18.2」

    The SG market accounted for 40.3%, compared with 27.7% for the IP market, 9.8% for the TA market and 6.6% for the FA business. Sales increased year on year in each market and business, including IP, TA and FA. The relative risk of dependence on the SG market is declining.
  10. FY2023-Q1MitigatedAnnual report

    「Sales to SG market 6,640,997 41.6 8.1 Sales to IP market 4,556,322 28.5 23.3 Sales to TA market 1,566,616 9.8 15.2」

    Sales increased year on year in the SG, IP and TA markets. Compared with the SG market's 41.6% share, the IP market accounted for 28.5% and the TA market for 9.8%. Expansion of the IP and TA markets is reducing the relative risk of dependence on the SG market.
  11. FY2022MitigatedAnnual report

    「Sales to SG market 24,704 41.5 22.8 Sales to IP market 16,235 27.3 28.2 Sales to TA market 5,509 9.3 24.4」

    In the fiscal year ending March 2022, sales increased year on year in the SG, IP and TA markets. The SG market accounted for 41.5%, the IP market for 27.3% and the TA market for 9.3%. Recovery in the major markets and expansion of the IP and TA markets are reducing the relative risk of dependence on the SG market.
  12. FY2022-Q3MitigatedAnnual report

    「Sales to SG market 18,647,764 42.7 30.4 Sales to IP market 11,558,236 26.4 30.7 Sales to TA market 4,133,296 9.5 40.1 FA business 2,940,561 6.7 11.3」

    Sales increased year on year in all major markets and businesses, including SG, IP, TA and FA. The SG market accounted for 42.7%, IP for 26.4% and TA for 9.5%, indicating continued diversification and recovery across markets, including IP and TA.
  13. FY2022-Q2MitigatedAnnual report

    「Sales to SG market 12,252,400 42.5 43.2 Sales to IP market 7,709,026 26.8 46.1 Sales to TA market 2,766,048 9.6 69.6 FA business 1,898,360 6.6 6.9」

    Sales increased year on year in all major markets and businesses, including SG, IP, TA and FA, recovering from declines across all major markets in the previous fiscal year. The IP and TA markets also continued to expand, pointing to a reduction in the relative risk of dependence on the SG market.
  14. FY2022-Q1Sales up across all major markets; recoveryAnnual report

    「Sales to SG market 6,144,661 43.6 86.7 Sales to IP market 3,696,604 26.2 96.1 Sales to TA market 1,360,373 9.7 137.9 FA business 940,127 6.7 33.8」

    Sales increased year on year in all major markets and businesses, including SG, IP, TA and FA. SG accounted for 43.6%, IP for 26.2% and TA for 9.7%, while sales in each market increased 86.7%, 96.1% and 137.9%, respectively, year on year.
  15. FY2021Full-year sales down across all markets; SG recovery from the third quarter onwardAnnual report

    「Sales to SG market 20,121 41.3 △8.4 Sales to IP market 12,666 26.0 △15.9 Sales to TA market 4,427 9.1 △24.9 FA business 3,663 7.5 △16.9」

    For the full year, sales declined in all major markets and businesses, including SG, IP, TA and FA. However, SG market sales increased year on year in the third and fourth quarters, indicating signs of recovery.
  16. FY2021-Q3SG sales up in the third quarter; cumulative sales down across all marketsAnnual report

    「Sales to SG market 14,303,016 41.5 △14.7 Sales to IP market 8,841,342 25.7 △22.6 Sales to TA market 2,949,745 8.6 △32.2 FA business 2,641,564 7.7 △9.4」

    For the cumulative third quarter, sales declined year on year in all major markets and businesses, including SG, IP, TA and FA. However, despite the impact of exhibition and event cancellations caused by the COVID-19 pandemic, SG market sales increased year on year in the third quarter alone.
  17. FY2021-Q2Sales down across all major markets; rate of decline improvesAnnual report

    「Sales to SG market 8,556,409 41.0 △23.6 Sales to IP market 5,275,648 25.3 △29.7 Sales to TA market 1,631,025 7.8 △42.9 FA business 1,775,402 8.5 △2.0」

    Sales declined year on year in all major markets and businesses, including SG, IP, TA and FA. However, the rates of decline for SG, IP, TA and FA improved from the previous quarter, with the FA business down just 2.0% year on year.
  18. FY2021-Q1Sales down across all marketsAnnual report

    「Sales to SG market 3,290,519 41.7 △37.1 Sales to IP market 1,885,335 23.9 △47.5 Sales to TA market 571,878 7.2 △60.7 FA business 702,664 8.9 △23.1」

    Sales declined year on year in all major markets and businesses, including SG, IP, TA and FA. The SG market accounted for 41.7%, IP for 23.9%, TA for 7.2% and FA for 8.9%. Progress toward market diversification was affected by the broad-based demand decline caused by the COVID-19 pandemic.
  19. FY2020-Q3SG and IP sales down; TA sales up; FA in line with planAnnual report

    「Sales to SG market 16,776,028 40.4 △5.0 Sales to IP market 11,426,494 27.5 △11.4 Sales to TA market 4,348,892 10.5 4.7 FA business 2,915,744 7.0 -」

    The SG market accounted for 40.4%, the IP market for 27.5%, the TA market for 10.5% and the FA business for 7.0%. While sales in the SG and IP markets declined, sales in the TA market increased 4.7% year on year and the FA business progressed largely in line with plan.
  20. FY2020-Q2Market composition including the FA businessAnnual report

    「Sales to SG market 11,193,309 40.9 △5.9 Sales to IP market 7,500,348 27.4 △10.7 Sales to TA market 2,856,780 10.4 4.5 FA business 1,810,930 6.6 -」

    Sales to the SG market accounted for 40.9% and decreased 5.9% year on year, sales to the IP market accounted for 27.4% and decreased 10.7%, and sales to the TA market accounted for 10.4% and increased 4.5%. In addition, the FA business was included in the market-level disclosure, with sales of ¥1,810 million and a 6.6% share.
  21. FY2020-Q1SG and IP down; TA upAnnual report

    「Sales of products for the SG market amounted to ¥5,232 million, down 11.9% year on year. Sales of products for the IP market amounted to ¥3,591 million, down 7.7%. Sales of products for the TA market amounted to ¥1,455 million, up 6.0%.」

    The performance mix changed from the previous pattern of SG expansion and TA decline, with the SG and IP markets reporting lower sales and the TA market higher sales in the first quarter.
  22. FY2019-Q3SG expansion; TA declineAnnual report

    「Sales to SG market 17,664,350 44.3 9.2 Sales to IP market 12,897,289 32.3 1.7 Sales to TA market 4,152,883 10.4 △5.9」

    For the cumulative third quarter, sales to the SG market increased 9.2% year on year and sales to the IP market increased 1.7%, while sales to the TA market decreased 5.9%, indicating diverging performance by market.
  23. FY2019-Q2Diverging performance by marketAnnual report

    「Sales to SG market 11,896,373 45.0 12.6 Sales to IP market 8,400,752 31.8 0.3 Sales to TA market 2,732,887 10.3 △5.7」

    For the cumulative second quarter, sales to the SG market increased 12.6% year on year, sales to the IP market increased 0.3% and sales to the TA market decreased 5.7%. Performance continued to diverge by market.
  24. FY2019-Q1Diverging performance by marketAnnual report

    「Sales to SG market 5,940,856 46.1 15.4 Sales to IP market 3,889,026 30.2 △5.2 Sales to TA market 1,373,446 10.7 1.1」

    In the first quarter, sales to the SG market increased 15.4% year on year, sales to the IP market decreased 5.2% and sales to the TA market increased 1.1%. The SG market accounted for 46.1%, while performance in the IP and TA markets diverged.
  25. FY2018-Q3MitigatedAnnual report

    「Sales to SG market 16,175,283 42.3 4.7 Sales to IP market 12,578,742 32.9 7.0 Sales to TA market 4,413,906 11.6 8.3」

    While the SG market accounted for 42.3%, the IP market accounted for 32.9% and increased 7.0% year on year, and the TA market accounted for 11.6% and increased 8.3%, indicating continued expansion outside the SG market.
  26. FY2018-Q2MitigatedAnnual report

    「Sales to SG market 10,562,809 42.0 3.7 Sales to IP market 8,367,048 33.2 11.6 Sales to TA market 2,898,178 11.5 7.3」

    While the SG market accounted for 42.0%, the IP market accounted for 33.2% and increased 11.6% year on year, and the TA market accounted for 11.5% and increased 7.3%, indicating continued expansion of the IP and TA markets.
  27. FY2018-Q1MitigatedAnnual report

    「Sales volumes of the new small flatbed products launched in October 2016 increased substantially, while ink revenue also rose significantly. As a result, revenue was ¥4,103 million, up 11.7% year on year.」

    Sales to the SG market decreased 1.9%, while sales to the IP market increased 11.7%, indicating continued expansion aimed at establishing the IP market as the second core market. Sales to the TA market decreased 2.0%, but sales of ink and related pre- and post-processing products increased.
  28. FY2017-Q3MitigatedAnnual report

    「Sales to the IP market increased to ¥11,753 million, up 8.1% year on year. Sales to the TA market increased to ¥4,076 million, up 5.3%.」

    While sales to the SG market decreased 12.5% year on year, sales to the IP market increased 8.1% and sales to the TA market increased 5.3%, indicating continued expansion of the IP and TA markets.
  29. FY2017-Q2MitigatedAnnual report

    「As a result, despite the appreciation of the yen, sales increased to ¥7,496 million, up 7.2% year on year. As a result, despite the appreciation of the yen, sales increased to ¥2,700 million, up 8.0% year on year.」

    Sales to the IP market increased 7.2% year on year and sales to the TA market increased 8.0%, while sales to the SG market decreased 16.3%, indicating continued expansion of the IP and TA markets.
  30. FY2017-Q1MitigatedAnnual report

    「In addition to conventional small models, large flatbed models grew into core products and unit sales increased. Furthermore, a new product launched in November 2015 received high market acclaim for its printing precision, and unit sales increased. As a result, despite the appreciation of the yen, sales increased to ¥3,674 million, up 7.8% year on year.」

    Sales to the IP market increased, while sales to the TA market also rose 13.8% year on year. This indicates progress toward reducing dependence on the SG market and expanding the IP and TA markets.
  31. FY2016First statedAnnual report

    「Of total sales, sales to the SG market, primarily of core inkjet printers for indoor and outdoor signs, displays and other applications, accounted for 47.6% in the current consolidated fiscal year, compared with 51.0% in the previous consolidated fiscal year. The Group aims to increase the sales contribution of the IP market, which serves manufacturing sites for industrial products and other applications, and the TA market, which serves textile printing, and establish them as its second and third core markets alongside the SG market.」

    The company reported that the SG market accounted for 47.6% of sales and explained its initiative to increase the sales contributions of the IP and TA markets and establish them as the second and third core markets.
Moved together

"Launching New Products in the SG, IP and TA Markets and Expanding Applications" moved the same way as this thread, in the same document, in 14 of its 31 moves.

1488555★123456
  1. ★This thread
  2. 1Launching New Products in the SG, IP and TA Markets and Expanding Applications14×
  3. 2Inventory Management and Logistics Reform Under a Four-Region Structure8×
  4. 3V-Shaped Recovery in Future Performance8×
  5. 4Leading Digital Printing in the TA Market5×
  6. 5Creating New Markets for Industrial Printing in the IP Market5×
  7. 6Decline in Factory Automation Business Orders and Semiconductor Market Slowdown5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Dependence on the SG Market and Establishing the IP and TA Markets as Core Pillars | MIMAKI ENGINEERING CO.,LTD. (6638) | Komori