Komori
Mikuni (7247) · RiskMitigated

Weak demand for motorcycles in China and emerging markets

First written in FY2017-Q1. 8 of 16 entries say "Restated". Latest entry: FY2021.

16entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2017RestatedFY2018-Q2 – FY2019-Q2MitigatedFY2019-Q3 – FY2020-Q2RestatedFY2020-Q3 – FY20202016: 220162017: 420172018: 220182019: 320192020: 320202021: 22021
Same theme, other companies
Weak motorcycle demand in China and emerging marketsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021MitigatedAnnual report

    「Demand for both products for four-wheel vehicles and products for motorcycles declined sharply due to the global spread of the novel coronavirus, but demand recovered from the summer onward. In addition, production in India remained firm.」

    Although demand for products for four-wheel and two-wheel vehicles fell sharply, the disclosure notes a recovery from the summer onward and firm production in India, indicating some improvement in the weak demand environment.
  2. FY2021-Q3WorsenedAnnual report

    「Demand for both products for four-wheel vehicles and products for motorcycles declined due to the global spread of the novel coronavirus. Although demand recovered in some areas from the summer onward, revenue from this business was ¥41.23 billion, down 19.1% year on year, resulting in an operating loss of ¥764 million, compared with operating income of ¥1.602 billion in the same period of the previous year.」

    Although demand recovered in some areas, demand for products for four-wheel and two-wheel vehicles continued to decline, resulting in lower revenue and an operating loss in the automotive-related products business.
  3. FY2021-Q2WorsenedAnnual report

    「Demand for both products for four-wheel vehicles and products for motorcycles declined due to the global spread of the novel coronavirus.」

    Previously, products for motorcycles sold in the ASEAN region and Japan were described as performing well, but this quarter it notes a decline in demand, including for products for motorcycles, due to the novel coronavirus.
  4. FY2020RestatedAnnual report

    「In addition to increased demand for products for outboard motors, products for motorcycles performed well. In contrast, demand for products for four-wheel vehicles continued to decline in China and India.」

    It states that products for motorcycles continued to perform well, indicating continued improvement from the previous risk perception of weak motorcycle demand in emerging markets.
  5. FY2020-Q3RestatedAnnual report

    「In addition to increased demand for products for outboard motors, products for motorcycles performed well, mainly in the ASEAN region and Japan.」

    It states that products for motorcycles continued to perform well, mainly in the ASEAN region and Japan.
  6. FY2020-Q2MitigatedAnnual report

    「In addition to increased demand for products for outboard motors, products for motorcycles performed well, mainly in the ASEAN region and Japan. In contrast, demand for products for four-wheel vehicles continued to decline in China.」

    It states that products for motorcycles continued to perform well in the ASEAN region and Japan.
  7. FY2020-Q1MitigatedAnnual report

    「Performance of products for motorcycles remained strong in the ASEAN market, while demand for products for four-wheel vehicles declined in China.」

    It states that products for motorcycles continued to perform well in the ASEAN market. In China, it notes a decline in demand for products for four-wheel vehicles, indicating an improvement from the previous explanation of weak motorcycle demand.
  8. FY2019-Q3MitigatedAnnual report

    「Revenue from products for motorcycles increased on strong performance in Japan and the ASEAN and India regions.」

    The description has shifted from the previous explanation of weak, then bottoming-out, motorcycle demand in emerging markets to an increase in revenue driven by strong performance in Japan and the ASEAN and India regions.
  9. FY2019-Q2RestatedAnnual report

    「Revenue from products for motorcycles was broadly in line with the same period of the previous year.」

    It states that products for motorcycles remained broadly in line with the same period of the previous year after motorcycle demand in emerging markets had bottomed out.
  10. FY2018-Q3RestatedAnnual report

    「Revenue from products for motorcycles increased due to motorcycle demand in emerging markets having begun to bottom out and an increase in the number of large motorcycle models equipped with the company's products, among other factors.」

    The company continues to explain that motorcycle demand in emerging markets has begun to bottom out, and identifies this, together with the increase in large motorcycle models equipped with its products, as a factor behind the increase in revenue.
  11. FY2018-Q2RestatedAnnual report

    「Revenue from products for motorcycles increased as motorcycle demand in emerging markets began to bottom out and the number of large motorcycle models equipped with the company's products increased.」

    The company continues to explain that motorcycle demand in emerging markets has begun to bottom out.
  12. FY2018-Q1MitigatedAnnual report

    「Partly because motorcycle demand in emerging markets had begun to bottom out, except in some markets,」

    The description of motorcycle demand in emerging markets has changed from the previous statement that weakness would continue to one indicating that demand had begun to bottom out.
  13. FY2017RestatedAnnual report

    「The number of large motorcycle models equipped with the company's products increased, but revenue declined due to the impact of weak motorcycle demand in emerging markets.」

    The company continues to explain that revenue declined due to weak motorcycle demand in emerging markets, despite an increase in the number of large motorcycle models equipped with its products.
  14. FY2017-Q3RestatedAnnual report

    「The number of large motorcycles equipped with the company's products increased, but revenue from products for motorcycles declined due to weak motorcycle demand in emerging markets.」

    While the number of large motorcycles equipped with the company's products increased, weak motorcycle demand in emerging markets was a factor behind the decline in revenue.
  15. FY2017-Q2RestatedAnnual report

    「The number of large motorcycles equipped with the company's products increased, but revenue from products for motorcycles declined as demand for motorcycles remained weak in emerging markets and the yen was stronger than in the same period of the previous year.」

    While the number of large motorcycles equipped with the company's products increased, weak motorcycle demand in emerging markets and the stronger yen were factors behind the decline in revenue.
  16. FY2017-Q1First statedAnnual report

    「The number of large motorcycles equipped with the company's products increased, but demand remained weak in China and emerging markets, and the stronger yen also contributed to a decline in revenue from products for motorcycles.」

    While the number of models equipped with the company's products increased, products for motorcycles generated lower revenue due to weak demand in China and emerging markets and the stronger yen.
Moved together

"Payment of dividends on common stock" moved the same way as this thread, in the same document, in 5 of its 16 moves.

544433★123456
  1. ★This thread
  2. 1Payment of dividends on common stock5×
  3. 2Uncertainty arising from China's slowdown, Brexit and the US presidential election4×
  4. 3Impact on performance from yen appreciation and rapid exchange-rate fluctuations4×
  5. 4Investment in Research and Production Facilities Centered on Automotive Products4×
  6. 5Revenue and Profit Declines in the Aircraft Components Business Due to Delays in Customers' Production Starts and Foreign Exchange Fluctuations3×
  7. 6Longer replacement cycles for golf carts3×

★ 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.

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