Komori
Himaraya (7514) · RiskMitigated

Decline Following the Prior-Year Launch of Popular Golf Clubs

First written in FY2019-Q2. 1 of 4 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2026-H1.

4entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2019-Q3 – FY2025-H12019: 220192020: 020202021: 020212022: 020222023: 020232024: 020242025: 120252026: 12026
Same theme, other companies
Decline following the previous fiscal year's major one-off demand for product salesA theme 8 companies write about · 8 as a headwind · 0 as a tailwind

Himaraya moved to the "Worse" side of this theme in 2019.

1 other company's latest entry also says "Mitigated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「Golf equipment also performed below expectations in winter golf apparel, but sales of new golf club models and used clubs grew, resulting in sales above the previous year.」

    Golf equipment sales exceeded the previous year, driven by sales growth in new models and used clubs, with no decline attributable to differences from the previous year's sales environment.
  2. FY2025-H1MaterialisedAnnual report

    「This was due to the sales environment for new golf club products differing from that of the previous fiscal year.」

    The anticipated impact of differences in the sales environment for new golf club products materialized, and golf equipment sales fell below the previous fiscal year.
  3. FY2019-Q3WorsenedAnnual report

    「Golf equipment was at 93.5% of the prior-year period, reflecting a decline following the previous year's strong performance when popular golf clubs were launched.」

    The decline following the launch of a popular golf club in the previous year continued, and golf equipment sales were 93.5% of the same period of the previous year.
  4. FY2019-Q2First statedAnnual report

    「Golf equipment sales were 96.3% of the same period of the previous year, reflecting a decline following the strong performance in the previous year, when a popular golf club was launched.」

    The company identifies the golf equipment sales decline to 96.3% of the same period of the previous year, following the strong performance in the previous year when a popular golf club was launched, as a new sales risk.
Moved together

"Continued Price Competition in Golf Clubs" moved the same way as this thread, in the same document, in 3 of its 4 moves.

3222★1234
  1. ★This thread
  2. 1Continued Price Competition in Golf Clubs3×
  3. 2Decline in the equity ratio2×
  4. 3Weak Sales of General Sporting Goods2×
  5. 4Impairment risk at low-profitability stores and elsewhere2×

★ 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
Himaraya's next results are scheduled for 2026-10-15. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.