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Mikuni (7247) · InitiativeAdvanced

Review of Product Strategy for Lifestyle Equipment-Related Products and Organizational Restructuring

First written in FY2020-Q1. 10 of 18 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2026.

18entries
8years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020 – FY2021-Q3OtherFY2022-Q3 – FY2022AdvancedFY2024-Q2 – FY20262019: 220192020: 420202021: 420212022: 220222023: 120232024: 220242025: 120252026: 22026
Same theme, other companies
Achieving Profitability through a Strategic Review of the China BusinessA theme 21 companies write about · 5 as a headwind · 19 as a tailwind

The whole theme swung hardest in 2022: 4 of 12 companies on the "Worse" side.

12 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 21 companies compared. The sentences above are computed from all 21.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Operating loss was ¥340 million, but improved by ¥250 million from the previous fiscal year as cost reductions and more appropriate pricing progressed.」

    The disclosure describes specific improvement in the Gas Techno Business through cost reductions and more appropriate pricing, resulting in a narrower loss.
  2. 2026-05-29AdvancedRevisions to earnings forecasts

    「一方で、営業損失は3億4千万円となりましたが、コスト削減や価格の適正化が進んだことにより、前期比では2億5千万円改善しました。」

    ガステクノ事業の体制再構築・収益改善について、通期の損失縮小という結果が記載されている。
  3. FY2026-H1AdvancedAnnual report

    「Although conditions in Japan remained firm, revenue was ¥2,508 million, down 14.7% year on year, reflecting weak domestic demand and a sluggish housing market in China. Operating loss was ¥205 million, a ¥120 million reduction from the same period of the previous year, due to cost reductions and more appropriate pricing.」

    As a result of pursuing cost reductions and more appropriate pricing in the Gas Techno Business, operating loss narrowed by ¥120 million from the same period of the previous year.
  4. FY2025-H1AdvancedAnnual report

    「Operating loss narrowed to ¥325 million, compared with an operating loss of ¥343 million in the same period of the previous year, as a result of higher revenue and continued internal improvements.」

    The Gas Techno Business pursued internal improvements, narrowing operating loss from ¥343 million in the same period of the previous year to ¥325 million. More appropriate selling prices were also cited as a factor behind the increase in revenue.
  5. FY2024-Q3AdvancedAnnual report

    「As operating expenses were reduced in this business, the operating loss narrowed to ¥413 million, compared with an operating loss of ¥573 million in the same period of the previous year.」

    As a result of pursuing cost reductions in the Gas Techno Business, operating loss narrowed from ¥573 million in the same period of the previous year to ¥413 million.
  6. FY2024-Q2AdvancedAnnual report

    「As operating expenses were reduced in this business, the operating loss narrowed to ¥343 million, compared with an operating loss of ¥526 million in the same period of the previous year.」

    As a result of pursuing cost reductions in the Gas Techno Business, operating loss narrowed by ¥183 million from the same period of the previous year.
  7. FY2022Revenue increased, but procurement difficulties and higher costs widened the full-year lossAnnual report

    「As a result of reviewing the product strategy, revenue in this business was ¥6,753 million, up 16.1% from the previous fiscal year. However, in addition to difficulties in procuring components, operating loss widened to ¥491 million from ¥221 million in the previous fiscal year, partly due to higher raw material and logistics costs.」

    Although revenue increased as a result of reviewing the product strategy, operating loss widened from ¥221 million to ¥491 million due to difficulties in procuring components and higher raw material and logistics costs.
  8. FY2022-Q3Revenue increased, but higher component, raw material and logistics costs widened the lossAnnual report

    「As a result of reviewing the product strategy, revenue in this business was ¥4,902 million, up 18.5% year on year. However, in addition to difficulties in procuring components, operating loss was ¥276 million, compared with an operating loss of ¥213 million in the same period of the previous year, due in part to higher raw material prices and logistics costs.」

    Although revenue increased as a result of reviewing the product strategy, operating loss widened due to difficulties in procuring components and higher raw material prices and logistics costs.
  9. FY2022-Q2AdvancedAnnual report

    「As a result of reviewing its product strategy and working to improve production efficiency, revenue from this business increased 38.6% year on year to ¥3,267 million, and the operating loss narrowed to ¥165 million from an operating loss of ¥264 million in the same period of the previous year.」

    As a result of continued efforts to review the product strategy and improve production efficiency, operating loss narrowed by ¥99 million year on year.
  10. FY2022-Q1AdvancedAnnual report

    「As a result of reviewing the product strategy and rebuilding the operating structure, revenue in this business was ¥1,512 million, up 46.5% year on year, while operating loss narrowed to ¥75 million from ¥144 million in the same period of the previous year.」

    In the Lifestyle Equipment-Related Products Business, continued efforts to review the product strategy and rebuild the operating structure resulted in a 46.5% increase in revenue and a reduction in operating loss from ¥144 million to ¥75 million.
  11. FY2021AdvancedAnnual report

    「Despite the impact of the spread of the novel coronavirus, sales in this business amounted to ¥5,818 million, down 0.0% from the previous fiscal year, as a result of reviewing the product strategy, while the operating loss narrowed to ¥221 million from ¥345 million in the previous fiscal year.」

    The review of the product strategy has continued, and as a result, operating loss in the Lifestyle Equipment-Related Products Business has narrowed by ¥124 million from the previous fiscal year.
  12. FY2021-Q3RestatedAnnual report

    「In response to changes in the competitive environment, the Group reviewed its product strategy. As a result, sales in this business amounted to ¥4,135 million, down 4.6% year on year, while the operating loss narrowed to ¥213 million from ¥308 million in the same period of the previous year.」

    Regarding the Lifestyle Equipment-Related Products Business, the explanation that the Group reviewed its product strategy in response to changes in the competitive environment has continued.
  13. FY2021-Q2RestatedAnnual report

    「In response to changes in the competitive environment, the Group reviewed its product strategy and rebuilt its operating structure.」

    Regarding the Lifestyle Equipment-Related Products Business, the explanation that the Group reviewed its product strategy and rebuilt its operating structure has continued.
  14. FY2021-Q1RestatedAnnual report

    「In response to intensifying competition in China, the Group reviewed its product strategy and rebuilt its operating structure.」

    The explanation that the Group reviewed its product strategy and rebuilt its operating structure in response to intensifying competition in China has continued.
  15. FY2020RestatedAnnual report

    「As competition has intensified in China, its main market, the Group reviewed its product strategy and rebuilt its development and production structure.」

    The explanation that the Group reviewed its product strategy and rebuilt its development and production structure in response to intensifying competition in China has continued.
  16. FY2020-Q3AdvancedAnnual report

    「The Group reviewed its products and rebuilt its development and production structure.」

    The wording has changed from stating that the existing operating structure was being rebuilt to stating that the products had been reviewed and the development and production structure had been rebuilt.
  17. FY2020-Q2RestatedAnnual report

    「As the implementation of environmental policies by the government has been delayed and competition has intensified in China, its main market, the Group rebuilt its operating structure and reviewed its product strategy.」

    The Group continues to rebuild its operating structure and review its product strategy in response to delays in China's environmental policies and intensifying competition.
  18. FY2020-Q1First statedAnnual report

    「The Group is reviewing its product strategy and rebuilding its operating structure.」

    It states that the Group is reviewing its product strategy and rebuilding its business structure in response to delays in China's environmental policies and intensifying competition in the Chinese market.
Moved together

"Impact on the Household Equipment-Related Products Business from Delays in China’s Environmental Policies and Intensifying Competition" moved the same way as this thread, in the same document, in 8 of its 18 moves.

877644★123456
  1. ★This thread
  2. 1Impact on the Household Equipment-Related Products Business from Delays in China’s Environmental Policies and Intensifying Competition8×
  3. 2Payment of dividends on common stock7×
  4. 3Investment in Research and Production Facilities Centered on Automotive Products7×
  5. 4Cultivating Corporate Demand for Welfare and Nursing-Care Equipment6×
  6. 5Financial risks arising from fluctuations in interest rates, liquidity and the securities market4×
  7. 6Strategic Resource Allocation for Growth in the India Business4×

★ 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 Mikuni yet. It last moved in the Revisions to earnings forecasts of 2026-05-29: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Review of Product Strategy for Lifestyle Equipment-Related Products and Organizational Restructuring | MIKUNI CORPORATION (7247) | Komori