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Hks (7219) · RiskMaterialised

Dependence on Changes at Automakers and Major Retailers

First written in FY2016. 16 of 35 entries say "Restated". Latest entry: 2026-10-13.

35entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020-Q2MaterialisedFY2020-Q3 – FY2021-Q3MaterialisedFY2025-H1 – 2026-10-132016: 12017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 220242025: 220252026: 32026
Same theme, other companies

Hks moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).

The whole theme swung hardest in 2019: 36 of 68 companies on the "Worse" side.

11 other companies' latest entry also says "Materialised".

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 85 companies compared. The sentences above are computed from all 85.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MaterialisedAnnual report

    「On the other hand, outside the aftermarket business, sales declined year on year mainly because the impact of lower orders resulting from inventory adjustments at contract companies continued, primarily in the contract manufacturing business, and new contract projects also remained sluggish.」

    The factor beyond our Group's control of inventory adjustments at contract companies continued to emerge as lower orders in the contract manufacturing business, compounded by sluggish growth in new contract projects.
  2. FY2025MaterialisedAnnual report

    「Total sales fell below the previous fiscal year due in part to the impact of lower orders resulting from inventory adjustments at contract companies in part of the contract manufacturing business,」

    Inventory adjustments on the customer side actually emerged as lower orders in the contract manufacturing business and consolidated sales falling below the previous fiscal year.
  3. FY2025-H1MaterialisedAnnual report

    「Outside the aftermarket business, sales declined year on year mainly because part of the contract manufacturing business was affected by lower orders resulting from inventory adjustments at contract companies and other factors.」

    The factor beyond our Group's control of inventory adjustments at contract companies actually emerged as lower orders in part of the contract manufacturing business.
  4. FY2024-Q2MitigatedAnnual report

    「Outside the aftermarket, the reduction of the Bi-Fuel business, which uses gasoline and gas fuel together, affected revenue, but as the impact of production adjustments at client companies gradually eased, total revenue exceeded that of the same period of the previous year.」

    Although the effects of production adjustments at contract companies remained, they gradually eased, and total sales outside the aftermarket business exceeded the same period of the previous year.
  5. FY2024-Q1MaterialisedAnnual report

    「Outside the aftermarket, revenue fell below the same period of the previous year due to the continued impact of production adjustments at client companies, as well as a decline in revenue associated with the consolidation of the Bi-Fuel business, which uses gasoline and gas fuel together.」

    The factor beyond our Group's control of production adjustments at contract companies continued to emerge as lower sales outside the aftermarket business.
  6. FY2023MaterialisedAnnual report

    「Outside the aftermarket business, orders for some products declined due to the effects of production adjustments at contract companies and other factors, and contract development sales also declined, resulting in sales falling below the previous fiscal year.」

    A factor beyond our Group's control, namely production adjustments at contract companies, emerged over the full year as lower orders for some products and lower contract-related sales.
  7. FY2023-Q3MaterialisedAnnual report

    「Outside the aftermarket business, orders for some products declined due to the effects of production adjustments at contract companies and other factors, and contract development sales also declined, resulting in sales falling below the same period of the previous year.」

    The factor beyond our control of production adjustments at contract companies continued to emerge as lower orders for some products and lower sales outside the aftermarket business.
  8. FY2023-Q2MaterialisedAnnual report

    「Outside the aftermarket business, orders for some products declined due to the effects of production adjustments at contract companies and other factors, but sales exceeded the same period of the previous year due to growth in contract development sales and other factors.」

    A factor beyond our control, namely production adjustments at contract companies, emerged this quarter as lower orders for some products. Meanwhile, total sales outside the aftermarket business exceeded the same period of the previous year due to higher contract development sales.
  9. FY2023-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no significant changes to the previously described risks, including dependence on sales to automakers and major mass retailers.
  10. FY2022RestatedAnnual report

    「Sales to these automakers and major mass retailers may be affected by factors beyond our Group's control.」

    The risk that sales to automakers and major mass retailers may fluctuate due to factors beyond our control was reconfirmed.
  11. FY2022-Q3MitigatedAnnual report

    「Outside the aftermarket business, the effects of production adjustments at contract companies remained for some products, but growth in contract development sales and contract manufacturing sales, including sales at domestic subsidiaries, resulted in total sales exceeding the same period of the previous year.」

    Although the effects of production adjustments at contract companies remained, growth in contract development and contract manufacturing sales resulted in total sales outside the aftermarket business exceeding the same period of the previous year.
  12. FY2022-Q2MitigatedAnnual report

    「Outside the aftermarket business, orders for products and contract development had stagnated due to factors including the postponement of production plans and delays to development plans at contract companies, resulting from COVID-19 and supply constraints for materials. Although this situation continued, during the cumulative second quarter period, order delays for some products began to be resolved, and contract sales at domestic subsidiaries also began to grow, among other factors, resulting in sales exceeding the same period of the previous year.」

    Although the effects of postponed production plans at contract companies remained, order delays for some products began to be resolved, and contract sales at domestic subsidiaries also began to grow.
  13. FY2022-Q1MaterialisedAnnual report

    「Outside the aftermarket business, orders for some products exceeded the previous year's level. However, production at major contract companies did not progress due to material shortages and other factors, resulting in orders for products being postponed. In addition, the effects of production adjustments and delays to development plans at contract companies due to COVID-19 continued, causing delays in sales timing, and sales fell below the same period of the previous year.」

    Factors beyond our control, including production stagnation, postponed orders, production adjustments and delays to development plans by contract companies, actually emerged as delayed sales timing and year-on-year declines in contract-related sales.
  14. FY2021RestatedAnnual report

    「Sales to these automakers and major mass retailers may be affected by factors beyond our Group's control.」

    The risk that sales to automakers and major mass retailers may fluctuate due to factors beyond our control was reconfirmed.
  15. FY2021-Q3MaterialisedAnnual report

    「By contrast, outside the aftermarket, some products received more orders than in the same period of the previous year as a result of production adjustments and delays to development plans at client companies due to the COVID-19 pandemic, but revenue recognition was delayed and revenue declined year on year.」

    Factors beyond our control, including production adjustments and delays to development plans by contract companies, continued to emerge as delayed sales timing and year-on-year declines in contract-related sales.
  16. FY2021-Q2MaterialisedAnnual report

    「By contrast, outside the aftermarket, there were signs of recovery amid the impact of production adjustments and delays to development plans at client companies due to the COVID-19 pandemic, but revenue recognition was delayed and revenue declined year on year.」

    Factors beyond our control, including production adjustments and delays to development plans by contract companies, continued to emerge as lower sales and delayed sales timing outside the aftermarket business.
  17. FY2021-Q1MaterialisedAnnual report

    「By contrast, outside the aftermarket, there were signs of recovery amid the impact of production adjustments and delays to development plans at client companies due to the COVID-19 pandemic, but revenue recognition was delayed and revenue declined year on year.」

    Factors beyond our control, including production adjustments and delays to development plans by contract companies, also emerged this quarter as lower sales and delayed sales timing outside the aftermarket business.
  18. FY2020MaterialisedAnnual report

    「In domestic sales, aftermarket business sales were up 1.2% year on year, remaining broadly at the previous year's level, despite the impact of COVID-19 and the benefit of front-loaded demand before the consumption tax increase in the first half. However, sales in the contract manufacturing and contract development businesses declined due to production cuts by contract manufacturers and revisions to development plans, while sales in the IoT in-vehicle communications business also declined year on year due to development delays and other factors. As a result, total domestic sales decreased by ¥470 million year on year, down 8.0%.」

    Factors beyond our control, including production cuts and revisions to development plans by customer contract manufacturers, emerged over the full year as lower sales in contract manufacturing, contract development and IoT.
  19. FY2020-Q3MaterialisedAnnual report

    「Outside the aftermarket business, sales from both contract manufacturing and contract development declined sharply owing to production cuts by commissioning manufacturers, while IoT sales also declined year on year.」

    A factor beyond our Group's control, namely production cuts by contract manufacturers, actually emerged as lower sales in contract manufacturing and contract development.
  20. FY2020-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was concluded that there had been no significant changes to the previously described risks, including dependence on sales to automakers and major mass retailers.
  21. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was concluded that there had been no significant changes to the previously described risks, including dependence on sales to automakers and major mass retailers.
  22. FY2019RestatedAnnual report

    「Sales to these automakers and major mass retailers may be affected by factors beyond our Group's control.」

    The risk that sales to automakers and major mass retailers may fluctuate due to factors beyond our Group's control was reconfirmed.
  23. FY2019-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was concluded that there had been no significant changes to the risks described in the previous fiscal year, including dependence on sales to automakers and major mass retailers.
  24. FY2019-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was concluded that there had been no significant changes to the risks described in the previous fiscal year, including dependence on sales to automakers and major mass retailers.
  25. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was concluded that there had been no significant changes to the risks described in the previous fiscal year, including dependence on sales to automakers and major mass retailers.
  26. FY2018RestatedAnnual report

    「Sales to these automakers and major mass retailers may be affected by factors beyond our Group's control.」

    The risk that sales to automakers and major mass retailers may fluctuate due to factors beyond our control was reiterated.
  27. FY2018-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no significant changes to the previously described risks, including dependence on sales to automakers and major mass retailers.
  28. FY2018-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no significant changes to the previously described risks, including dependence on sales to automakers and major mass retailers.
  29. FY2018-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no significant changes to the previously described risks, including dependence on sales to automakers and major mass retailers.
  30. FY2017RestatedAnnual report

    「Sales to these automakers and major mass retailers may be affected by factors beyond our Group's control.」

    Dependence on sales to automakers and major mass retailers, and the risk of fluctuations due to factors beyond our control, were reiterated.
  31. FY2017-Q3RestatedAnnual report

    「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no significant changes to the previously described business and other risks, including dependence on changes affecting automakers and major mass retailers.
  32. FY2017-Q2RestatedAnnual report

    「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no significant changes to the previously described risks, including dependence on changes affecting automakers and major mass retailers.
  33. FY2016First statedAnnual report

    「Sales to these automakers and major mass retailers may be affected by factors beyond our Group's control.」

    The risk was disclosed that sales to automakers and major mass retailers may fluctuate due to factors beyond our Group's control.
Moved together

"Impact of a Downturn in Overseas Economies and Further Yen Appreciation" moved the same way as this thread, in the same document, in 14 of its 35 moves.

1477664★123456
  1. ★This thread
  2. 1Impact of a Downturn in Overseas Economies and Further Yen Appreciation14×
  3. 2Negative Trend in Personal Consumption and an Uncertain Outlook7×
  4. 3Deterioration in the outlook for the global economy due to the spread of COVID-197×
  5. 4Global Component Sourcing Difficulties, Container Shortages and Soaring Freight Costs6×
  6. 5Rising Prices of Major Materials, Such as Steel Products6×
  7. 6Political, military and social tensions associated with Russia’s invasion of Ukraine4×

★ 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
Hks's next results are scheduled for 2026-10-13. Read the earnings preview It last moved in the Revision of earnings forecasts of 2026-10-13: "Materialised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on Changes at Automakers and Major Retailers | HKS CO.,LTD. (7219) | Komori