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Aval Data (6918) · TargetAdvancedLatest M&A and Subsidiary Changes (2026-09-11): "Restated"

Diversification of Markets and Customers

First written in FY2016. 17 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-09-11.

35entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2018AdvancedFY2019 – FY2021-Q2AdvancedFY2023 – 2026-05-142016: 320162017: 320172018: 420182019: 320192020: 420202021: 320212022: 320222023: 420232024: 320242025: 120252026: 42026
Same theme, other companies
Diverse Customer Base Not Dependent on Any Particular IndustryA theme 18 companies write about · 0 as a headwind · 18 as a tailwind

The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.

10 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 18 companies compared. The sentences above are computed from all 18.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-11RestatedM&A and Subsidiary Changes

    「Through the development of new fields in Japan and overseas and overseas expansion centered on China, we aim to establish a new growth pillar following semiconductors and increase sales in overseas markets.」

    The company reaffirmed its policy of developing new fields, expanding overseas and establishing a new growth pillar following semiconductors.
  2. FY2026AdvancedAnnual report

    「Despite the business environment surrounding the company, we will invest management resources in line with our management policy, continue to increase sales of contract-manufactured products by strengthening proposal-based products built on our proprietary product technologies, and establish stable and sustainable growth pillars for proprietary products by building businesses in new fields and overseas markets centered on our proprietary products.」

    The company continued to pursue the establishment of businesses in new fields and overseas markets. Sales of industrial control equipment increased 4.5% from the previous fiscal year, while sales of measuring instruments increased 33.1%, demonstrating sales results in non-semiconductor fields.
  3. FY2026-H1AdvancedAnnual report

    「Performance was slightly above expectations as products in the order backlog were completed and delivered. As a result, sales were ¥303 million, up 57.7% from the previous interim accounting period.」

    For measuring instruments, products in the order backlog were completed and delivered, increasing sales 57.7% year on year. Industrial control equipment also increased 9.0% year on year, demonstrating sales growth in business areas outside semiconductor manufacturing equipment-related operations.
  4. FY2025-H1AdvancedAnnual report

    「The company performed above expectations overall, partly because products relating to the order backlog for some customers in inspection equipment and factory automation were completed and delivered. As a result, sales were ¥475 million, up 0.7% from the previous interim accounting period.」

    For industrial control equipment, products relating to the order backlog for some customers in inspection equipment and factory automation were completed and delivered, increasing sales year on year. The results demonstrate business expansion among customers and applications outside semiconductor manufacturing equipment.
  5. FY2024AdvancedAnnual report

    「While focusing on expanding existing markets, we will promote the development of new markets and customers, particularly in the medical, pharmaceutical, food and social infrastructure sectors, avoid sharp demand fluctuations such as those in the semiconductor manufacturing equipment industry, and establish a further growth trajectory.」

    While continuing to pursue diversification, sales of industrial control equipment were ¥1,026 million, up 41.1% from the previous fiscal year, and sales of measuring instruments were ¥450 million, up 42.8%. The ratio of sales from proprietary products also rose from 30.7% to 35.5%.
  6. FY2024-Q3AdvancedAnnual report

    「Industrial control equipment performed steadily as the order backlog was worked down and sales related to inspection equipment also increased. As a result, sales were ¥769 million, up 42.0% year on year. Measuring instruments also performed steadily, partly because sales to some customers were on an upward trend. As a result, sales were ¥366 million, up 58.8% year on year.」

    Sales continued to increase in industrial control equipment and measuring instruments outside the semiconductor manufacturing equipment-related business, with the reduction of the order backlog and the upward trend among some customers reflected in specific sales growth.
  7. FY2024-Q2AdvancedAnnual report

    「Industrial control equipment performed broadly in line with expectations as the order backlog was worked down. As a result, sales were ¥472 million, up 59.3% year on year. Measuring instruments also performed steadily, partly because sales to some customers were on an upward trend. As a result, sales were ¥242 million, up 66.1% year on year.」

    Sales continued to increase in industrial control equipment and measuring instruments outside the semiconductor manufacturing equipment-related business, with the figures demonstrating expansion into markets and customers beyond the existing semiconductor field.
  8. FY2024-Q1AdvancedAnnual report

    「Industrial control equipment performed broadly in line with expectations as the order backlog was worked down. As a result, sales were ¥254 million, up 75.1% year on year. Measuring instruments also performed steadily, partly because sales to some customers were on an upward trend. As a result, sales were ¥129 million, up 88.6% year on year.」

    The company reports significant sales growth in industrial control equipment and measuring instruments outside the semiconductor manufacturing equipment-related business, with progress in market and customer diversification demonstrated by the figures.
  9. FY2023AdvancedAnnual report

    「While focusing on expanding existing markets, we will promote the development of new markets and customers, particularly in the medical, pharmaceutical, food and social infrastructure sectors, avoid sharp demand fluctuations such as those in the semiconductor manufacturing equipment industry, and establish a further growth trajectory.」

    The company continued to expand existing markets and develop new markets related to medical, pharmaceutical, food and social infrastructure. Sales of industrial control equipment were ¥726 million and sales of measuring instruments were ¥315 million, both up from the previous fiscal year.
  10. FY2023-Q3Recovery in demand from existing customers and reduction of the order backlogAnnual report

    「Performance was broadly in line with expectations as the order backlog was worked down. As a result, sales were ¥541 million, up 9.9% year on year.」

    The long-term policy of market and customer diversification remains unchanged, while the order backlog for industrial control equipment was worked down and sales increased 9.9% year on year.
  11. FY2023-Q2Divergence in demand trends by customerAnnual report

    「Some customers for industrial control equipment experienced weakness due to delivery delays and other factors.」

    While some customers experienced lower sales due to delivery delays and other factors, demand from existing customers for measuring instruments recovered, resulting in divergent demand trends by customer.
  12. FY2022RaisedAnnual report

    「While focusing on expanding existing markets, we will promote the development of new markets and customers, particularly in the medical, pharmaceutical, food and social infrastructure sectors, avoid sharp demand fluctuations such as those in the semiconductor manufacturing equipment industry, and establish a further growth trajectory.」

    In addition to expanding existing markets, the company specifically identifies medical, pharmaceutical, food and social infrastructure as priority new markets, and aims not only to avoid demand fluctuations but also to establish a new growth trajectory.
  13. FY2022-Q3Continued lower demand from some customers and existing customersAnnual report

    「The social infrastructure-related business performed steadily, but some customers for various industrial equipment experienced weakness. As a result, sales were ¥492 million, down 2.0% year on year. Orders from existing customers for measuring instruments have run their course. As a result, sales were ¥225 million, down 5.9% year on year.」

    While expanding into new customers and fields, sales declined year on year in both product categories as weakness among some customers in industrial control equipment and the continued running-off of orders from existing customers in measuring instruments persisted.
  14. FY2022-Q2Lower demand from some customers and existing customersAnnual report

    「Although there was some weakness in industrial control equipment and measuring instruments, contract-manufactured products overall performed steadily. Some customers for various industrial equipment experienced weakness. Orders from existing customers for measuring instruments have run their course.」

    While pursuing market and customer diversification, sales declined because of weakness among some customers in industrial control equipment and because orders from existing customers for measuring instruments ran their course.
  15. FY2022-Q1Lower sales in some product categories as orders from existing customers ran their courseAnnual report

    「This product category comprises the development and manufacture of controllers for various measuring instruments and control units for communications equipment, which are supplied as customized products. Orders from existing customers have run their course. As a result, sales were ¥61 million, down 25.6% year on year.」

    While pursuing market and customer diversification, sales of measuring instruments declined 25.6% year on year as orders from existing customers ran their course.
  16. FY2021-Q3RestatedAnnual report

    「Although new customers contributed to sales, sales declined because of some weakness in industrial inspection equipment. As a result, sales were ¥502 million, down 10.5% year on year.」

    While new customers contributed to sales of industrial control equipment, sales by product declined because of weakness in industrial inspection equipment. Progress in developing new customers coexisted with a decline in some areas of demand.
  17. FY2021-Q2AdvancedAnnual report

    「Although there was some weakness in industrial inspection equipment, sales increased slightly owing to contributions from new customers. As a result, sales were ¥363 million, up 2.7% year on year.」

    Despite some weakness in industrial inspection equipment, contributions from new customers lifted sales of industrial control equipment by 2.7% year on year.
  18. FY2021-Q1AdvancedAnnual report

    「Although there was some weakness in industrial inspection equipment, sales increased slightly owing to contributions from new customers. As a result, sales were ¥174 million, up 0.2% year on year.」

    Although there was some weakness in industrial control equipment, contributions from new customers brought sales to ¥174 million, up 0.2% year on year.
  19. FY2020AdvancedAnnual report

    「Sales increased significantly as expansion into new areas for industrial inspection equipment progressed smoothly. As a result, sales were ¥892 million, up 36.3% year on year.」

    Expansion into new areas for industrial inspection equipment progressed, and sales of industrial control equipment increased 36.3% year on year. Expansion into new customers and markets is reflected in full-year results.
  20. FY2020-Q3AdvancedAnnual report

    「Sales increased as expansion into new areas for industrial inspection equipment progressed smoothly. As a result, sales were ¥561 million, up 14.9% year on year.」

    Expansion into new areas for industrial inspection equipment progressed, and sales of industrial control equipment increased 14.9% year on year. Expansion into new markets and among new customers is reflected in higher sales.
  21. FY2020-Q2AdvancedAnnual report

    「Sales increased as expansion into new areas for industrial inspection equipment progressed smoothly. As a result, sales were ¥353 million, up 26.6% year on year.」

    Expansion into new areas for industrial inspection equipment progressed, and sales of industrial control equipment increased 26.6% year on year. Expansion into new markets and among new customers is reflected in a specific increase in sales.
  22. FY2019AdvancedAnnual report

    「During the fiscal year, AVAL Global Company Limited was established in South Korea to strengthen the overseas expansion of our proprietary products.」

    The company describes concrete progress under its policy of diversifying markets and customers, including East Asia, through the establishment of a sales company for its proprietary products in South Korea. The company's voting rights ownership ratio is 45.0%.
  23. FY2019-Q3RestatedAnnual report

    「Capital investment across the industrial equipment sector is on a recovery trend. In addition, expansion into new fields progressed smoothly, and proprietary products as a whole performed well.」

    The company continues to describe its existing policy and progress in expanding into new fields.
  24. FY2019-Q2RestatedAnnual report

    「Capital investment across the industrial equipment sector is on a recovery trend. In addition, expansion into new fields progressed smoothly, and proprietary products as a whole performed well.」

    The company continues to state that expansion into new fields is progressing smoothly, but does not indicate a specific target or outcome for new markets or customers.
  25. FY2019-Q1AdvancedAnnual report

    「Sales increased significantly as the expansion of industrial equipment into new areas progressed smoothly.」

    The company states that expansion into new areas for industrial equipment progressed smoothly.
  26. FY2018RestatedAnnual report

    「In sales, we are deepening relationships with existing customers, developing new customers, and strengthening our sales network for expansion into overseas markets, particularly East Asia.」

    The company continues to pursue market and customer diversification by deepening relationships with existing customers, developing new customers, and expanding into East Asia.
  27. FY2018-Q3RestatedAnnual report

    「Industrial control equipment performed steadily across all contract-manufactured products, supported by stable demand from existing customers and progress in sales efforts targeting new customers.」

    The company continues to state that sales efforts targeting new customers have progressed in addition to demand from existing customers.
  28. FY2018-Q2RestatedAnnual report

    「Industrial control equipment performed steadily across all contract-manufactured products, supported by stable demand from existing customers and progress in sales efforts targeting new customers.」

    The company continues to describe its policy and progress in expanding sales efforts targeting new customers in addition to existing customers.
  29. FY2018-Q1RestatedAnnual report

    「Industrial control equipment performed steadily across all contract-manufactured products, supported by stable demand from existing customers and progress in sales efforts targeting new customers.」

    The company continues to state that sales efforts targeting new customers have progressed in addition to existing customers.
  30. FY2017-Q3RestatedAnnual report

    「Industrial control equipment performed steadily across all contract-manufactured products, supported by stable demand from existing customers and progress in sales efforts targeting new customers.」

    The company continues to state that sales efforts targeting new customers have progressed in addition to existing customers.
  31. FY2017-Q2RestatedAnnual report

    「Investment by major semiconductor manufacturers in the semiconductor manufacturing equipment-related market has continued. Industrial control equipment performed steadily across all contract-manufactured products, supported by stable demand from existing customers and progress in sales efforts targeting new customers.」

    The company continues to state that sales efforts targeting new customers have progressed in addition to demand from existing customers.
  32. FY2017-Q1AdvancedAnnual report

    「Industrial control equipment and measuring instruments performed steadily across all contract-manufactured products, supported by stable demand from existing customers and progress in sales efforts targeting new customers.」

    The company states that, in addition to existing customers, it has made progress in sales efforts targeting new customers.
  33. FY2016First statedAnnual report

    「In addition to deepening our presence in these markets and among these customers, over the medium to long term we will develop new markets and customers, thereby avoiding fluctuations in sales caused by the sharp demand swings characteristic of the semiconductor manufacturing equipment industry and establishing a further growth trajectory.」

    The policy is to mitigate the impact of demand fluctuations and establish a growth trajectory by deepening existing markets and developing new markets and customers.
Moved together

"Strengthening GiGA, CTI and Smart Energy Products" moved the same way as this thread, in the same document, in 13 of its 35 moves.

1312111098★123456
  1. ★This thread
  2. 1Strengthening GiGA, CTI and Smart Energy Products13×
  3. 2Maintaining a Robust Financial Position by Improving the Equity Ratio12×
  4. 3Capital Policy through Share Repurchases and Cancellations11×
  5. 4Expansion into Medical, Pharmaceuticals, Biotechnology, Food, and Social Infrastructure10×
  6. 5Shareholder returns based primarily on a 35% consolidated payout ratio9×
  7. 6Sharing Value Between Officers and Shareholders Through a Restricted Stock Compensation Plan8×

★ 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.

When this could move next
No upcoming earnings preview for Aval Data yet. It last moved in the M&A and Subsidiary Changes of 2026-09-11: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Diversification of Markets and Customers | AVAL DATA CORPORATION (6918) | Komori