Komori
Nkk Switches (6943) · TargetReframed

Touchscreen Panel Business to Become the Second Revenue Pillar

First written in FY2016. 4 of 9 entries say "Advanced", first in FY2017. Latest entry: FY2022.

9entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2017-Q3AdvancedFY2017 – FY20192016: 220162017: 220172018: 120182019: 120192020: 020202021: 120212022: 22022
Same theme, other companies
Focus on high-value-added products for touch panels and flat panelsA theme 11 companies write about · 1 as a headwind · 11 as a tailwind

The whole theme swung hardest in 2021: 2 of 10 companies on the "Worse" side.

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

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. FY2022ReframedAnnual report

    「This was recorded in connection with the transfer of the manufacturing division of the touch-panel business on 11 October 2021.」

    For the touch-panel business, which we had strengthened as the second pillar of sales, the transfer of the manufacturing division was completed, and a loss on business transfer of ¥156.606 million, or ¥171.289 million on a consolidated basis, was recorded.
  2. FY2022-Q3AdvancedAnnual report

    「This was recorded in connection with the transfer of the manufacturing division of the touch-panel business on 11 October 2021.」

    For the touch-panel business, which we had strengthened as the second pillar of sales, the filing describes the specific progress that the transfer of the manufacturing division was executed on 11 October 2021.
  3. FY2022-Q2ReframedAnnual report

    「At a meeting of the Board of Directors held on 6 September 2021, we resolved to transfer the manufacturing division of the touch-panel business.」

    For the touch-panel business, which we had strengthened as the second pillar of sales, the initiative has changed to a structural-improvement measure involving the transfer of the manufacturing division.
  4. FY2019AdvancedAnnual report

    「The increase in machinery and equipment during the fiscal year was mainly attributable to ¥32.462 million for machinery and equipment related to touch-panel production.」

    The increase during the fiscal year in machinery and equipment for touch-panel production was ¥32.462 million, up from ¥27.586 million reported for the previous fiscal year.
  5. FY2018AdvancedAnnual report

    「The increase in machinery and equipment during the fiscal year was mainly attributable to ¥40.397 million for machinery and equipment related to switch production and ¥27.586 million for machinery and equipment related to touch-panel production.」

    In connection with strengthening the touch-panel business, the Company acquired ¥27.586 million of machinery and equipment for touch-panel production during the fiscal year.
  6. FY2017AdvancedAnnual report

    「Converting the Iwaki plant into a dedicated touch-panel plant」

    The filing states that the Iwaki plant was converted into a dedicated plant as part of measures to strengthen the touch-panel business.
  7. FY2017-Q3RestatedAnnual report

    「In terms of sales, we have worked to expand sales of “net sales,” “touch panels,” “IS (multifunction operation switches),” and “specific markets,” which are priority areas for strengthening sales.」

    The Company continues to expand sales of touch panels as one of its priority areas for strengthening sales.
  8. FY2017-Q2RestatedAnnual report

    「In terms of sales, we have worked to expand sales of “net sales,” “touch panels,” “IS (multifunction operation switches),” and “specific markets,” which are priority areas for strengthening sales.」

    The Company continues to expand sales of touch panels as one of its priority areas for strengthening sales.
  9. FY2016First statedAnnual report

    「We have positioned touch panels, which gained widespread acceptance in a short time, as an important man-machine interface product. We will strengthen the touch-panel business from every angle, including the market, sales and product perspectives, with the aim of making it the second pillar of sales for the NKK Group.」

    The Company has positioned touch panels as an important product and aims to make them the second pillar of sales by reviewing the business from multiple perspectives.
Moved together

"Foreign Exchange Rate Fluctuation Risk" moved the same way as this thread, in the same document, in 4 of its 9 moves.

433222★123456
  1. ★This thread
  2. 1Foreign Exchange Rate Fluctuation Risk4×
  3. 2Launching High-Value-Added Products Through R&D and Product Strategy3×
  4. 3Strengthening Global Competitiveness through Production Structure Reform3×
  5. 4Reducing Supply Risk Through Three-Site and Two-Site Production and Higher Inventory Levels2×
  6. 5Delivery-Time Reform and ANSWER Core System for Planned Production2×
  7. 6Supply Interruption Risk from Concentration of Production in China2×

★ 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 Nkk Switches yet.
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