Mitsui High-tec (6966) · RiskMaterialisedLatest Financial results briefing materials (2026-09-09): "Mitigated"
Losses in the European Business Due to Slower Growth in the European BEV Market
First written in FY2026. 4 of 9 entries say "Mitigated", first in 2026-03-31. Latest entry: 2026-09-10.
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7from disclosures
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Fixed-Asset Impairment Associated with Operating Losses in the Automotive and Cable BusinessesA theme 4 companies write about · 4 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Mitigated".
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- 2026-09-10Mitigatednews.yahoo.co.jp
「This reflects growing demand, mainly in Europe and the United States, for hybrid vehicles, which account for more than 80% of applications, and the steady performance of orders.」
Despite slower growth in the battery electric vehicle market, strong demand for hybrid vehicles in Europe and the United States and robust orders for motor components were cited as factors behind the upward revision to the earnings forecast. - FY2026MaterialisedAnnual report
「Net income attributable to owners of the parent was ¥3,151 million, down 74.2%, because the company recorded an impairment loss of ¥3,951 million on manufacturing equipment and a ¥2,591 million loss on the European business in connection with transactions with certain customers whose profitability is expected to decline in response to slowing BEV growth in the European market.」
Slower growth in the European BEV market became evident in lower profitability from transactions with certain customers, resulting in the recognition of ¥3.951 billion in impairment losses on manufacturing equipment and ¥2.591 billion in losses from the European business.