Komori
Zuken (6947) · RiskRestated

Dependence on Manufacturing-Sector Conditions and Capital Investment

First written in FY2016. 12 of 34 entries say "Mitigated", first in FY2018-Q2. Latest entry: 2026-08-05.

34entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2018-Q2 – FY2019-Q3MitigatedFY2022-Q2 – FY2023RestatedFY2024-Q1 – 2026-08-052016: 320162017: 420172018: 420182019: 320192020: 420202021: 420212022: 320222023: 320232024: 320242025: 120252026: 22026
Same theme, other companies
Decline in Capital Investment Due to Worsening Manufacturing Sector PerformanceA theme 11 companies write about · 11 as a headwind · 0 as a tailwind

Zuken moved to the "Worse" side of this theme in 2016, 8 years before the typical company in this theme (2024).

The whole theme swung hardest in 2020: 6 of 8 companies on the "Worse" side.

3 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「DX initiatives in the manufacturing sector are continuing, and IT investment for DX has also remained active among our group’s main customers, including electronics manufacturers and automotive-related and industrial equipment manufacturers.」

    The disclosure reconfirms the view that IT investment for DX has remained active among manufacturers, our main customers.
  2. FY2025-H1RestatedAnnual report

    「DX initiatives in the manufacturing sector are accelerating, and IT investment for DX has also remained active among our group’s main customers, including electronics manufacturers and automotive-related and industrial equipment manufacturers.」

    The disclosure reconfirms the view that although there is dependence on overall capital investment among manufacturers, our main customers, IT investment for DX has remained active.
  3. FY2024RestatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has remained solid, and IT investment has also remained active.」

    The disclosure reconfirms the view that overall capital investment by our main customers has remained solid and that IT investment has also remained active.
  4. FY2024-Q3RestatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has remained firm, and IT investment has also remained active.」

    The disclosure reconfirms the view that overall capital investment by our main customers has remained firm and that IT investment has also remained active.
  5. FY2024-Q1RestatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has remained firm, and IT investment has also remained active.」

    The disclosure reconfirms the view that overall capital investment by our main customers has remained firm and that IT investment has also remained active.
  6. FY2023MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has remained firm against a backdrop of solid corporate earnings, and IT investment has also remained active.」

    The disclosure states that overall capital investment by our main customers has remained firm and that IT investment has also remained active, with the risk related to manufacturing-sector conditions and capital investment dependence continuing at a reduced level.
  7. FY2023-Q3MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has remained firm, and IT investment has also remained active.」

    The disclosure states that overall capital investment by our main customers has continued to remain firm and that IT investment has also remained active, with the risk arising from their cautious stance toward capital investment continuing at a reduced level.
  8. FY2023-Q2MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has remained firm, and IT investment has also remained active.」

    The disclosure states that overall capital investment by our main customers has remained firm and that IT investment has also remained active, reducing the capital investment dependence risk from the previous fiscal year.
  9. FY2023-Q1MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has continued to recover, and IT investment has also become more active.」

    The disclosure states that overall capital investment by our main customers has continued to recover and that IT investment has become more active, reducing the risk arising from their cautious stance toward capital investment compared with the period through the previous quarter.
  10. FY2022-Q3MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has continued to recover, while proactive IT investment has also continued.」

    The disclosure states that overall capital investment by our main customers has continued to recover and that proactive IT investment has continued, partially reducing the risk arising from their cautious stance toward capital investment.
  11. FY2022-Q2MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, overall capital investment has begun to recover, while proactive IT investment has also continued.」

    The disclosure states that overall capital investment by our main customers has begun to recover and that proactive IT investment has continued, partially reducing the risk arising from their previously cautious stance toward capital investment.
  12. FY2022-Q1RestatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, a cautious stance toward capital investment has continued, while proactive IT investment has continued.」

    The disclosure reconfirms that while our main customers have remained cautious about capital investment, proactive IT investment has continued.
  13. FY2021RestatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, capital investment has remained cautious due to uncertainty about the outlook, while strong appetite for IT investment has continued.」

    While our main customers have strong appetite for IT investment, overall capital investment has continued to be cautious due to uncertainty about the outlook.
  14. FY2021-Q3RestatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, appetite for IT investment remains, but overall capital investment has continued to be cautious because the outlook remains unclear.」

    While our main customers have appetite for IT investment, overall capital investment has continued to be cautious because the outlook remains unclear, reaffirming the risk related to manufacturing-sector conditions and capital investment dependence.
  15. FY2021-Q2RestatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, strong appetite for IT investment has continued, while overall capital investment has remained cautious due to uncertainty about the outlook.」

    While our main customers have strong appetite for IT investment, overall capital investment has remained cautious against a backdrop of uncertainty about the outlook.
  16. FY2021-Q1MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, strong appetite for IT investment has continued, but overall capital investment has been sluggish due to uncertainty about the outlook.」

    While our main customers have maintained strong appetite for IT investment, overall capital investment has been sluggish against a backdrop of uncertainty about the outlook, indicating that the manufacturing-sector capital investment dependence risk is evident in the business environment.
  17. FY2020WorsenedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some curtailed business activity due to the spread of infectious diseases toward the end of the fiscal year, but IT investment remained generally firm during the fiscal year.」

    Customers in fact curtailed business activity toward the end of the fiscal year against a backdrop of the spread of infectious diseases, adding a new downward pressure factor to the risk related to manufacturing-sector conditions and capital investment dependence. Meanwhile, IT investment during the fiscal year was generally firm.
  18. FY2020-Q3MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, a cautious stance toward capital investment has continued due to concerns about the outlook, while proactive IT investment has continued.」

    Manufacturers, our main customers, have continued to take a cautious stance toward capital investment, indicating that the risk related to manufacturing-sector conditions and capital investment dependence remains evident in the business environment. Meanwhile, proactive IT investment has continued.
  19. FY2020-Q2MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, a cautious stance toward capital investment has continued overall due to concerns about the outlook, while proactive IT investment has continued.」

    Manufacturers among our main customers have continued to take a cautious stance toward capital investment against a backdrop of concerns about the outlook, indicating that the dependence risk is evident in the business environment. Meanwhile, proactive IT investment has continued.
  20. FY2020-Q1MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some remained cautious about capital investment due to concerns about the outlook, while proactive investment in IT continued.」

    Regarding capital investment by our main customers, which was reported to have improved in the previous fiscal year, a cautious stance has emerged due to concerns about the outlook, indicating that the dependence risk has once again become evident in the business environment. Meanwhile, proactive IT investment has continued.
  21. FY2019-Q3MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, an increasingly proactive stance toward capital investment became evident against a backdrop of recovering performance.」

    The disclosure states that manufacturers, our main customers, became increasingly proactive about capital investment against a backdrop of recovering performance, further reducing the impact of the risk related to manufacturing-sector conditions and capital investment dependence.
  22. FY2019-Q2MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, an increasingly proactive stance toward capital investment became evident against a backdrop of recovering performance.」

    The disclosure states that manufacturers, our main customers, became increasingly proactive about capital investment against a backdrop of recovering performance, further reducing the risk related to capital investment dependence.
  23. FY2019-Q1MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some continued to restrain capital investment, but against a backdrop of recovering performance, signs of improvement became increasingly clear overall.」

    Although some customers continued to restrain capital investment, signs of improvement became increasingly clear among manufacturers overall, our main customers, further reducing the risk related to manufacturing-sector conditions and capital investment dependence.
  24. FY2018MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some continued to restrain capital investment, but against a backdrop of recovering performance, signs of improvement became increasingly evident overall.」

    Although some customers continued to restrain capital investment, signs of improvement became increasingly evident among manufacturers overall, our main customers, partially reducing the impact of the risk related to manufacturing-sector conditions and capital investment dependence.
  25. FY2018-Q3MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some continued to restrain capital investment, but signs of improvement became increasingly clear overall.」

    Although some customers continued to restrain capital investment, signs of improvement became increasingly clear among manufacturers overall, our main customers, further reducing the risk related to manufacturing-sector conditions and capital investment dependence from the previous quarter.
  26. FY2018-Q2MitigatedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some remained cautious about capital investment, but signs of improvement became increasingly evident overall.」

    The disclosure states that although some manufacturers among our main customers remained cautious about capital investment, signs of improvement became increasingly evident overall, partially reducing the risk related to capital investment dependence.
  27. FY2018-Q1MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some showed signs of improvement in capital investment, but overall they remained cautious amid an uncertain business climate.」

    Although some manufacturers among our main customers showed improvement in capital investment, they remained cautious overall, and the impact of the risk related to economic conditions and capital investment dependence continued to be evident.
  28. FY2017MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, capital investment improved in some areas, but overall they remained cautious about investment as uncertainty over economic trends increased.」

    The disclosure states that although capital investment improved in some areas, manufacturers overall, our main customers, remained cautious about investment.
  29. FY2017-Q3MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some showed signs of improvement in capital investment, but overall they remained cautious about investment as uncertainty over economic trends increased.」

    Although some manufacturers among our main customers showed improvement in capital investment, they remained cautious about investment overall, and the impact of the risk related to manufacturing-sector conditions and capital investment dependence continued to be evident.
  30. FY2017-Q2MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some have also begun restraining capital investment due to an uncertain business climate.」

    The disclosure states that manufacturers, our main customers, have continued to show signs of restraining capital investment against a backdrop of an uncertain business climate.
  31. FY2017-Q1MaterialisedAnnual report

    「Among our group’s main customers, electronics manufacturers and automotive-related and industrial equipment manufacturers, some have also begun restraining capital investment due to uncertainty over economic conditions.」

    The disclosure states that manufacturers, our main customers, have in fact begun restraining capital investment against a backdrop of uncertainty over economic conditions.
  32. FY2016First statedAnnual report

    「The performance of our group may be affected by economic trends and capital investment trends in the manufacturing sector.」

    The risk that stagnation in economic conditions and capital investment in the manufacturing sector, our main market, will affect performance appears for the first time.
Moved together

"Sustained EPS Growth" moved the same way as this thread, in the same document, in 11 of its 34 moves.

1199776★123456
  1. ★This thread
  2. 1Sustained EPS Growth11×
  3. 2Enhancement of CR-8000 Series Features and Global Sales9×
  4. 3Expanding Sales of the Wiring Design System9×
  5. 4Data Management and Efficiency Improvements Across the Entire Design Process7×
  6. 5Political, Foreign Exchange, Regulatory and Other Risks in Overseas Operations7×
  7. 6Expansion from a U.S. Business Base into Emerging Asian Markets6×

★ 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 Zuken yet. It last moved in the Earnings of 2026-08-05: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Manufacturing-Sector Conditions and Capital Investment | ZUKEN INC. (6947) | Komori