Komori
Okaya Electric Industries (6926) · TargetDropped

Entry into the Automotive Industry

First written in FY2016. 16 of 20 entries say "Restated". Latest entry: FY2023-Q1.

20entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2018-Q3RestatedFY2019-Q2 – FY2023-Q12016: 320162017: 420172018: 320182019: 320192020: 320202021: 320212022: 12022
Same theme, other companies
Developing the Automotive Sensing and Machine Vision MarketsA theme 3 companies write about · 0 as a headwind · 3 as a tailwind

0 other companies' latest entry also says "Dropped".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q1DroppedAnnual report
    “Entering the automotive industry” is not stated in the basic policy or basic strategies of the Eleventh Medium-Term Management Plan and cannot be confirmed as a management policy for the current quarter.
  2. FY2022-Q1RestatedAnnual report

    「Against this economic backdrop, taking into account changes in the business environment, we are treating this consolidated fiscal year as the follow-up year for the Tenth Medium-Term Management Plan and are working to lay the foundation of our development and production capabilities toward entering the automotive industry.」

    The company maintains its goal of entering the automotive industry and, with fiscal 2021 positioned as the follow-up year for the Tenth Medium-Term Management Plan, continues to lay the foundations of its development and production capabilities.
  3. FY2021RestatedAnnual report

    「Entering the automotive industry, our stated goal, will require the development of high-functionality products with large capacity, high current, and high-frequency performance, as well as highly reliable products.」

    The company maintains its goal of entering the automotive industry and is developing high-functionality, highly reliable products as a prerequisite. There is no statement that entry has been achieved.
  4. FY2021-Q3RestatedAnnual report

    「The current consolidated fiscal year is the final year of the Tenth Medium-Term Management Plan, which positions the three years as a period for laying the foundations of our development and production capabilities toward “entering the automotive industry.” However, due to the effects of the issues described above, it is extremely difficult to achieve the target figures set for fiscal 2020: sales of ¥14.0 billion, operating profit of ¥700 million, ROE of 5.7%, and a new-product ratio of 30%.」

    The company continues to state that the Tenth Medium-Term Management Plan is in its final year and that achieving its targets is extremely difficult.
  5. FY2021-Q2RestatedAnnual report

    「The current consolidated fiscal year is the final year of the Tenth Medium-Term Management Plan, which positions the three years as a period for laying the foundations of our development and production capabilities toward “entering the automotive industry.” However, due to the effects of the issues described above, it is extremely difficult to achieve the target figures set for fiscal 2020: sales of ¥14.0 billion, operating profit of ¥700 million, ROE of 5.7%, and a new-product ratio of 30%.」

    The company continues to pursue entry into the automotive industry and the Tenth Medium-Term Management Plan’s foundation-building phase for development and production capabilities. The plan is in its final year, and the company continues to state that its targets are extremely difficult to achieve.
  6. FY2021-Q1RestatedAnnual report

    「The current consolidated fiscal year is the final year of the Tenth Medium-Term Management Plan, which positions the three years as a period for laying the foundations of our development and production capabilities toward “entering the automotive industry.”」

    The company continues to pursue its management vision of entering the automotive industry and to lay the foundations of its development and production capabilities. It states that the Tenth Medium-Term Management Plan has entered its final year.
  7. FY2020-Q3RestatedAnnual report

    「We have entered the second year of the Tenth Medium-Term Management Plan, which positions the three years as a period for laying the foundations of our development and production capabilities toward “entering the automotive industry.”」

    The company continues to pursue entry into the automotive industry and the plan’s positioning of the three-year period as a foundation-building phase for development and production capabilities. No new milestone, such as completion of entry, has been disclosed.
  8. FY2020-Q2RestatedAnnual report

    「We have entered the second year of the Tenth Medium-Term Management Plan, which positions the three years as a period for laying the foundations of our development and production capabilities toward “entering the automotive industry.”」

    The company continues to pursue entry into the automotive industry and the plan’s positioning of the three-year period as a foundation-building phase for development and production capabilities. No new milestone, such as completion of entry, has been disclosed.
  9. FY2020-Q1RestatedAnnual report

    「We have entered the second year of the Tenth Medium-Term Management Plan, which positions the three years as a period for laying the foundations of our development and production capabilities toward “entering the automotive industry.”」

    The company continues to pursue entry into the automotive industry and the plan’s positioning of the three-year period as a foundation-building phase for development and production capabilities.
  10. FY2019-Q3RestatedAnnual report

    「Against this economic backdrop, we formulated the Tenth Medium-Term Management Plan and have positioned the 3 years beginning this fiscal year as a period for laying the foundation of our development and production capabilities toward our management vision of “entering the automotive industry.” Under this policy, we are steadily advancing development of new resonant capacitors.」

    The company continues to pursue entry into the automotive industry as its management vision and to lay the foundations of its development and production capabilities, while continuing development of resonant capacitors. No new milestone, such as completion of entry, has been disclosed.
  11. FY2019-Q2RestatedAnnual report

    「We formulated the Tenth Medium-Term Management Plan and have positioned the three years beginning in the current fiscal year as a period for laying the foundations of our development and production capabilities toward our management vision of “entering the automotive industry.” Under this policy, we are steadily developing new resonant capacitors.」

    The company continues to pursue its vision of entering the automotive industry and to lay the foundations of its development and production capabilities under the Tenth Medium-Term Management Plan. It specifically states that development of new resonant capacitors is progressing, but discloses no milestone such as completion or start of mass production.
  12. FY2019-Q1ReframedAnnual report

    「Against this economic backdrop, we formulated the Tenth Medium-Term Management Plan and have positioned the 3 years beginning this fiscal year as a period for laying the foundation of our development and production capabilities toward our management vision of “entering the automotive industry.”」

    The goal of entering the automotive industry remains in place. Under the Tenth Medium-Term Management Plan, the three years beginning in the current fiscal year are positioned as a period for laying the foundations of development and production capabilities. There is no statement that entry itself has been achieved.
  13. FY2018-Q3RestatedAnnual report

    「Against this economic backdrop, we have set “entering the automotive industry” as our management vision and are working to implement a new-business roadmap based on our existing businesses.」

    The company continues to position entry into the automotive industry as its management vision and pursue a new-business roadmap based on its existing businesses. No new milestone, such as completion of entry, has been disclosed.
  14. FY2018-Q2RestatedAnnual report

    「Against this economic backdrop, we have set “entering the automotive industry” as our management vision and are working to implement a new-business roadmap based on our existing businesses.」

    The company continues to position entry into the automotive industry as its management vision and to implement a new-business roadmap based on its existing businesses.
  15. FY2018-Q1RestatedAnnual report

    「Against this economic backdrop, we have set “entering the automotive industry” as our management vision and are working to implement a new-business roadmap based on our existing businesses.」

    The company maintains its vision of entering the automotive industry and is working to implement a new-business roadmap based on its existing businesses. No specific milestone, such as completion of entry, has been disclosed.
  16. FY2017RestatedAnnual report

    「Entering the automotive industry remains our immediate goal, and we will focus on developing products with new added value toward that objective.」

    The company continues to identify entry into the automotive industry as its immediate goal and presents the development of products with new added value as the means of achieving it.
  17. FY2017-Q3RestatedAnnual report

    「Under the new management structure, we set “entering the automotive industry” as our management vision, established the Corporate Planning Office as the responsible department, and began developing a roadmap toward its achievement.」

    The company continues to position entry into the automotive industry as its management vision and to develop a roadmap through the Corporate Planning Office. There is no statement that entry itself has been achieved.
  18. FY2017-Q2RestatedAnnual report

    「Against this economic backdrop, in April this year we implemented changes to our organizational and executive structure, including a change in the representative director. Under the new management structure, we set “entering the automotive industry” as our management vision, established the Corporate Planning Office as the responsible department, and began developing a roadmap toward its achievement.」

    The company continues to position entry into the automotive industry as its management vision and to develop a roadmap through the Corporate Planning Office. There is no statement that entry itself has been achieved.
  19. FY2017-Q1AdvancedAnnual report

    「Under the new organizational structure, we identified “entry into the automotive industry” as an immediate objective and established the Corporate Planning Office as the responsible department, beginning work on a roadmap for achieving it.」

    The objective of entering the automotive industry remains unchanged. The company established the Corporate Planning Office and began preparing a roadmap, representing progress in preparation rather than completion of the entry itself.
  20. FY2016First statedAnnual report

    「Entry into the automotive industry is our immediate objective, and creating products, businesses and technologies is essential to achieving it.」

    The company explicitly identifies entry into the automotive industry as an immediate objective and positions the creation of products, businesses and technologies as the means of achieving it.
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