Dependence on Capital Investment Trends in Domestic and Overseas Industries
First written in FY2016. 17 of 34 entries say "Restated". Latest entry: 2026-08-07.
Nireco moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 62 of 77 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「Although capital investment by major customers in the semiconductor, electronic components, steel, chemicals, printing and paper processing, and food industries varied by sector, the overall recovery trend continued.」
The company continued to operate in a situation dependent on capital investment trends among its major customers. - FY2026WorsenedAnnual report
「In the consolidated fiscal year under review, while destabilizing factors such as the situations in Russia and Ukraine and the Middle East and China's export controls continued, the environment is expected to remain uncertain due in part to global inflation and changes in U.S. tariff policy. Fluctuations in raw material prices, geopolitical risks, changes in the policies of various countries, and changes in economic conditions may also affect the Group's business, operating results, and financial condition.」
In addition to the risk arising from dependence on capital investment trends, the Company specifically identified external factors including China's export controls, U.S. tariff policy, and policy changes in various countries. - FY2026-H1RestatedAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the semiconductor, electronic components, steel, film, printing, and food industries, continued to show signs of recovery.」
The Company continues to assume dependence on capital investment trends among major customers and states that recovery continued, with trends varying by industry. - FY2025-H1RestatedAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the semiconductor, electronic components, steel, film, printing, and food industries, continued to show signs of recovery, although trends varied by industry.」
The Company states that capital investment by major customers continued to show signs of recovery, with trends varying by industry. It also states that there have been no material changes in business and other risks. - FY2024WorsenedAnnual report
「In the consolidated fiscal year under review, while the economic impact of COVID-19 was considered to have largely subsided, the environment is expected to remain uncertain due in part to higher energy and other prices resulting from the situations in Russia and Ukraine and in the Middle East. Fluctuations in raw material prices, geopolitical risks, and changes in economic conditions may also affect the Group's business, operating results, and financial condition.」
In addition to dependence on capital investment trends, the Company specifically identified raw material prices, geopolitical risks, rising energy and other prices, and changes in economic conditions as factors that may affect the business. - FY2024-Q3WorsenedAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the steel, electronic components, chemicals, semiconductor, printing and paper processing, and food industries, continued to show some signs of recovery, although trends varied by industry. Meanwhile, certain product areas were affected by heightened geopolitical competition in relations between the United States and China and by the deterioration of the Chinese economy.」
Capital investment continued to show some signs of recovery, while certain product areas were affected by heightened geopolitical competition in relations between the United States and China and by the deterioration of the Chinese economy. - FY2024-Q2Continued recovery in capital investment and impact of the geopolitical competitive environmentAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the steel, electronic components, chemicals, semiconductor, printing and paper processing, and food industries, continued to show some signs of recovery, although trends varied by industry. Meanwhile, certain product areas were affected by heightened geopolitical competition in relations between the United States and China.」
Capital investment by major customers continued to show some signs of recovery, while certain product areas were affected by heightened geopolitical competition in relations between the United States and China. - FY2024-Q1Continued recovery in capital investment and decline in semiconductor demandAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the steel, electronic components, chemicals, printing and paper processing, and food industries, continued to show some signs of recovery, although trends varied by industry. However, capital investment demand in the semiconductor industry declined as the business cycle entered a downturn.」
Capital investment by major customers continued to show some signs of recovery, while capital investment demand in the semiconductor industry declined as the business cycle entered a downturn. - FY2023-Q3Continued recovery in capital investment and easing of supply constraintsAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the steel, electronic components, chemicals, semiconductor, printing and paper processing, and food industries, continued to show some signs of recovery, although trends varied by industry. In addition, signs of easing emerged in supply chain constraints, which had remained disruptive, except for certain semiconductors.」
Capital investment by major customers continued to show some signs of recovery, with trends varying by industry, while signs of easing emerged in supply chain constraints, except for certain semiconductors. The risk arising from dependence on capital investment trends remains. - FY2023-Q2RestatedAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the steel, electronic components, chemicals, semiconductor, printing and paper processing, and food industries, continued to show some signs of recovery, although trends varied by industry, as restrictions related to COVID-19 were eased. Meanwhile, the prolonged disruption of supply chains caused shortages of semiconductors and other components, among other impacts.」
Capital investment by major customers continued to show some signs of recovery, while the impact of supply chain disruptions caused by component shortages also continued. - FY2023-Q1Recovery in capital investment and impact of supply chain disruptionsAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the steel, electronic components, chemicals, semiconductor, printing and paper processing, and food industries, continued to show some signs of recovery, although trends varied by industry. However, the Group was affected by the prolonged disruption of supply chains, particularly those involving semiconductors.」
Capital investment by major customers continued to show some signs of recovery, while the prolonged disruption of supply chains, particularly those involving semiconductors, affected the business. - FY2022-Q3Recovery in capital investment and impact on shipmentsAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the steel, electronic components, chemicals, semiconductor, printing and paper processing, and food industries, generally showed signs of recovery as economic activity picked up, although trends varied by industry. However, supply chain disruptions affected product shipments.」
While capital investment by major customers showed signs of recovery, supply chain disruptions affected product shipments. - FY2022-Q2Recovery in capital investmentAnnual report
「Capital investment by manufacturers that are major customers of the Group (the Company and its consolidated subsidiaries), including those in the steel, electronic components, chemicals, semiconductor, printing and paper processing, and food industries, generally showed signs of recovery, although trends varied by industry.」
Capital investment by major customers generally showed signs of recovery, with trends varying by industry. The Company states that there has been no material change in the risk arising from its dependence on capital investment trends. - FY2022-Q1Partial recovery in capital investmentAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, semiconductors, printing and paper processing, food and other sectors showed some recovery, although conditions varied by industry.」
It states that capital investment by major customers showed some recovery, with conditions varying by industry. The risk itself arising from dependence on capital investment trends continues. - FY2021MaterialisedAnnual report
「The Group's business serves industrial sectors in Japan and overseas, and capital investment trends in those sectors may have a material impact on the Group's business, performance and financial condition.」
It continues to describe the risk arising from dependence on capital investment trends, noting that restrained investment in steel, films and electronic components, inspection equipment and other areas led to lower revenue during the fiscal year under review. - FY2021-Q3Partial recovery in capital investment trendsAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, semiconductors, printing and paper processing, food and other sectors showed some recovery as economic activity resumed, although conditions varied by industry.」
While stating that there have been no material changes in business and other risks, it notes that capital investment by major customers showed some recovery as economic activity resumed, although conditions varied by industry. - FY2021-Q2RestatedAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, semiconductors, printing and paper processing, food and other sectors remained cautious as economic activity stagnated.」
Capital investment by major customers remained cautious amid stagnating economic activity, and the risk arising from dependence on capital investment trends continues to be described. - FY2021-Q1WorsenedAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, semiconductors, printing and paper processing, food and other sectors became more cautious as economic activity stagnated.」
Capital investment by major customers became more cautious against a backdrop of stagnating economic activity. - FY2020MaterialisedAnnual report
「Capital investment by major customers in steel, electronic components, printing and chemicals, food and other sectors became more cautious amid uncertainty about the economic outlook, causing orders received to fall below the Group's initial expectations.」
It describes the materialisation of the risk arising from dependence on capital investment, with major customers becoming more cautious and orders received falling below initial expectations. - FY2020-Q3RestatedAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, printing and paper processing, food and other sectors generally showed a slowing trend, except in some areas.」
It continues to state that capital investment by major customers is generally showing a slowing trend. - FY2020-Q2WorsenedAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, printing and paper processing, food and other sectors generally showed a slowing trend, except in some areas.」
Capital investment by major customers changed from being broadly firm with some slowdown through the previous fiscal year to generally showing a slowing trend. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
It states that there has been no new occurrence or material change in the risk arising from dependence on domestic and overseas industrial capital investment trends. - FY2019RestatedAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, printing and paper processing, food and other sectors remained broadly firm, although some slowdown was evident.」
It continues to describe the risk arising from dependence on capital investment by major customers. While stating that capital investment remained broadly firm, it also retains the description that some slowdown was evident. - FY2019-Q3WorsenedAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, printing and paper processing, food and other sectors remained broadly firm, although some slowdown was evident. No new business or other risks arose during the first nine months of the fiscal year under review. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
While the business and other risks section states that there have been no material changes, the analysis of operating results notes some slowdown in capital investment by major customers, representing a change from the previous uniformly firm description. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there has been no new occurrence or material change in the risk arising from dependence on domestic and overseas industrial capital investment trends. - FY2019-Q1RestatedAnnual report
「Capital investment by manufacturers among the Group's major customers in steel, electronic components, chemicals, printing and paper processing, food and other sectors remained broadly firm.」
While stating that capital investment by major customers remained broadly firm, it indicates that there have been no material changes in the risk that capital investment trends may affect the Group's business, performance and financial condition. - FY2018RestatedAnnual report
「As noted above, the Group's business serves industrial sectors in Japan and overseas, and capital investment trends in those sectors may have a material impact on the Group's business, performance and financial condition.」
While stating that capital investment by major customers remained firm against a backdrop of growing demand, it continues to describe the risk arising from dependence on capital investment trends. - FY2018-Q2RestatedAnnual report
「Capital investment by the Group's major customers, including the steel, chemical, printing and paper-processing industries, electronic-materials manufacturers and food manufacturers, remained firm against a backdrop of growing demand.」
While capital investment by major customers remained firm, the business and other risks section states that there have been no material changes in the risk arising from dependence on capital investment trends. - FY2018-Q1RestatedAnnual report
「Capital investment by the Group's major customers, including the steel, chemical, printing and paper-processing industries, electronic-materials manufacturers and food manufacturers, showed signs of recovery against a backdrop of firm demand.」
While it states that capital investment by major customers showed signs of recovery, it considers that there have been no material changes in the risk itself arising from dependence on capital investment trends. - FY2017RestatedAnnual report
「As noted above, the Group's business serves industrial sectors in Japan and overseas, and capital investment trends in those sectors may have a material impact on the Group's business, performance and financial condition.」
It continues to describe the risk arising from dependence on capital investment trends among customers in Japan and overseas. - FY2017-Q3RestatedAnnual report
「Capital investment by the Group's major customers, including the steel, chemical, printing and paper-processing industries and electronic-materials manufacturers, became more cautious in anticipation of an uncertain outlook, although some active investment was observed.」
While capital investment by some major customers was active, it was cautious overall against a backdrop of uncertainty about the outlook, and the risk arising from dependence on capital investment trends remains. - FY2017-Q2RestatedAnnual report
「Capital investment by the Group's major customers, including the steel, chemical, printing and paper-processing industries and electronic-materials manufacturers, became more cautious in anticipation of uncertain economic conditions, except in some areas.」
It continues to describe dependence on capital investment trends among major customers and increasingly cautious investment against a backdrop of economic uncertainty. - FY2017-Q1RestatedAnnual report
「Capital investment by the Group's major customers, including the steel, chemical, printing and paper-processing industries and electronic-materials manufacturers, became more cautious in anticipation of uncertain economic conditions.」
It describes dependence on capital investment trends among major customers and their increasingly cautious stance. It states that there have been no material changes in business and other risks. - FY2016First statedAnnual report
「The Group's business serves industrial sectors in Japan and overseas, and capital investment trends in those sectors may have a material impact on the Group's business, performance and financial condition.」
It cites changes in capital investment by customer industry and government policy for steel, high-performance films, plain-surface inspection equipment and produce-sorting equipment.