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Cmk (6958) · InitiativeIncrease in higher value-added products and improved profitability in the second halfLatest Earnings presentation (2026-08-05): "Advanced"

Shifting orders toward higher value-added products and establishing new growth drivers

First written in FY2019. 10 of 14 entries say "Advanced", first in FY2021. Latest entry: 2026-08-05.

14entries
8years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AdvancedFY2021 – FY2023-Q2RestatedFY2023-Q3AdvancedFY2024 – FY20252019: 120192020: 020202021: 120212022: 220222023: 120232024: 220242025: 220252026: 52026
Same theme, other companies
Profitability-Focused Sales and Product Mix ShiftA theme 45 companies write about · 0 as a headwind · 47 as a tailwind

20 other companies' latest entry also says "Advanced".

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 45 companies compared. The sentences above are computed from all 45.
Full recordFilings, disclosures and news, newest first
  1. FY2026Increase in higher value-added products and improved profitability in the second halfAnnual report

    「Although profitability in the most recent fourth quarter improved significantly in the second half as higher value-added products increased and various improvement initiatives began to bear fruit, operating profit was ¥2.788 billion, down 26.8% year on year.」

    Against the adverse impact of a deterioration in the product mix and yen appreciation in the first half, profitability in the fourth quarter improved significantly in the second half due to an increase in higher value-added products and improvement initiatives.
  2. FY2026-H1Decrease in higher value-added productsAnnual report

    「On the profit side, segment profit was ¥724 million, down 31.1% year on year, due to a decrease in higher value-added products accompanying a change in the product mix and the appreciation of the yen against the US dollar.」

    In Japan, higher value-added products decreased as the product mix changed, and segment profit fell 31.1% year on year. Actual results for the period were weak regarding the shift in orders toward higher value-added products.
  3. FY2025AdvancedAnnual report

    「In terms of profit, in addition to higher net sales, increased production of build-up boards (high-value-added boards) and improved productivity resulted in segment profit of ¥2,211 million, up 38.6% year on year.」

    Increased production of build-up circuit boards, the target of the higher value-added shift, contributed to improved profit in the Japan segment. The company also reported a higher proportion and increased sales of higher value-added circuit boards in Southeast Asia.
  4. FY2025-H1AdvancedAnnual report

    「In Southeast Asia, automotive sales increased due to steady sales of driving-safety products, a focus area, and foreign-exchange effects, with sales reaching ¥7.375 billion, up 27.1% year on year.」

    Sales of driving-safety products, a focus area for the higher value-added shift, remained strong in Southeast Asia, and automotive sales in the region increased 27.1% year on year.
  5. FY2024AdvancedAnnual report

    「To achieve these targets, we will implement structural reform by reorganizing domestic production sites to improve production efficiency and build a stable earnings structure, while strengthening our focus on competitive automotive products, realizing our automotive growth strategy, including the higher value-added shift in the automotive product portfolio, and pursuing achievement of the medium-term management plan.」

    The higher value-added shift progressed to the implementation stage as an automotive growth strategy combining domestic structural reform with a focus on competitive automotive products.
  6. FY2023-Q3RestatedAnnual report

    「Following completion, production capacity for build-up circuit boards is expected to increase approximately twofold through the establishment of a growth cycle and a higher value-added shift in the automotive product portfolio.」

    The policy of shifting the automotive product portfolio toward higher value-added products and approximately doubling build-up circuit board production capacity through capital investment continues.
  7. FY2023-Q2AdvancedAnnual report

    「Following completion, production capacity for build-up circuit boards is expected to increase approximately twofold through the establishment of a growth cycle and a higher value-added shift in the automotive product portfolio.」

    The higher value-added shift was linked to a specific plan involving ¥25 billion in capital investment at the Thailand plant and approximately doubling production capacity for build-up circuit boards.
  8. FY2022AdvancedAnnual report

    「By focusing on the competitive powertrain and driving-safety fields, we will improve profitability through a higher value-added shift in the automotive product portfolio.」

    The target of the higher value-added shift was specified as the competitive powertrain and driving-safety fields, rather than the automotive field in general, and positioned as a profitability-improvement measure under the new medium-term management plan.
  9. FY2021AdvancedAnnual report

    「We will focus on the automotive powertrain and driving-safety fields, where our strengths include engines and motors, brakes, in-vehicle battery control and preventive safety equipment, all of which require particularly high quality and reliability,」

    The target areas for the higher value-added shift were specified as powertrain and driving-safety systems, including engines and motors, brakes, in-vehicle battery control and preventive safety equipment.
  10. FY2019First statedAnnual report

    「Higher value-added shift: shifting orders toward higher value-added products, centered on the automotive field, and establishing new growth drivers」

    The company newly stated an initiative to shift orders toward higher value-added products, centered on the automotive field, and establish new growth drivers.
Moved together

"Improving efficiency by reviewing production lot sizes" moved the same way as this thread, in the same document, in 9 of its 14 moves.

987755★123456
  1. ★This thread
  2. 1Improving efficiency by reviewing production lot sizes9×
  3. 2Strengthening cost competitiveness8×
  4. 3Achieving a stable earnings base7×
  5. 4Expanding production capacity, mainly at overseas plants7×
  6. 5Development of ADAS and High-Reliability Automotive Circuit Boards5×
  7. 6Start of Mass Production of High-Performance, Build-Up and Module Substrates5×

★ 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
Cmk's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Earnings presentation of 2026-08-05: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.