Komori
Weds (7551) · TargetLower revenue and profit due to changes in the product mixLatest Earnings (2026-10-30): "Advanced"

Strengthening automotive-related wholesale as the core business

First written in FY2016. 13 of 33 entries say "Advanced", first in FY2018. Latest entry: 2026-10-30.

33entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2018-Q2RestatedFY2019-Q1 – FY2021-Q22016: 120162017: 120172018: 420182019: 320192020: 420202021: 420212022: 420222023: 420232024: 220242025: 220252026: 42026
Same theme, other companies
Strengthening automotive-related wholesale as the core businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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

Full recordFilings, disclosures and news, newest first
  1. FY2026Lower revenue and profit due to changes in the product mixAnnual report

    「Revenue from the automotive-related wholesale business was ¥25,198 million, a decrease of ¥567 million, or 2.2%, from the previous fiscal year. This was due to changes in the product mix and other factors, although the number of core wheels sold increased slightly, partly reflecting consumers' greater focus on saving amid rising prices. Segment profit also decreased by ¥236 million, or 15.5%, from the previous fiscal year to ¥1,288 million, affected by changes in the product mix and other factors.」

    Although the policy of strengthening the core business has been maintained, the wholesale business posted a 2.2% decline in revenue and a 15.5% decline in segment profit due to changes in the product mix and other factors, while sales of core wheels increased slightly.
  2. 2026-05-13AdvancedRevisions to earnings forecasts

    「中核の自動車関連卸売事業では主力のアルミホイールで付加価値の高い高中価格品を中心に多様化するニーズを捉えた商品開発、また顧客との連携も密に、個別施策を含む営業活動や受注システムの利便性向上などにより販売を強化してまいります。」

    当期は商品構成の変化等により卸売事業が減収減益となった一方、次期に向けた高中価格品、商品開発、営業活動、受注システムによる販売強化策を具体的に示している。
  3. FY2026-H1Lower sales of core aluminum wheels led to lower revenue and profitAnnual report

    「Revenue from the automotive-related wholesale business was ¥9,962 million, a decrease of ¥443 million, or 4.3%, year on year. This was due to lower sales of the core aluminum wheels, partly reflecting consumers' greater focus on saving amid rising prices. Segment profit also decreased by ¥104 million, or 42.3%, year on year to ¥142 million, due to the impact of lower aluminum wheel sales.」

    Although no change has been indicated in the policy of strengthening the automotive-related wholesale business as the core business, lower sales of the core aluminum wheels, partly reflecting consumers' greater focus on saving amid rising prices, resulted in revenue declining 4.3% and segment profit declining 42.3%.
  4. FY2025AdvancedAnnual report

    「Revenue from the automotive-related wholesale business was ¥25,765 million, an increase of ¥826 million, or 3.3%, from the previous fiscal year. This was due to efforts to promote sales of mid- to high-priced aluminum wheels with high added value and higher sales of automotive products, despite a decline in total unit sales of the core wheels. Segment profit also increased by ¥146 million, or 10.6%, from the previous fiscal year to ¥1,524 million, reflecting the increase in sales and the partial pass-through to selling prices of higher procurement costs resulting from the continued depreciation of the yen and other factors.」

    In the core automotive-related wholesale business, revenue increased 3.3% and segment profit increased 10.6% through efforts to promote mid- to high-priced products and partially pass higher costs through to prices.
  5. FY2025-H1AdvancedAnnual report

    「Revenue from the automotive-related wholesale business was ¥10,405 million, an increase of ¥678 million, or 7.0%, year on year. This was due to strong sales of premium aluminum wheels for luxury vehicles and higher sales of automotive products, despite a decline in total unit sales of the core wheels. Segment profit also increased by ¥112 million, or 83.8%, year on year to ¥247 million, reflecting the increase in sales and the partial pass-through to selling prices of higher procurement costs resulting from the continued depreciation of the yen and other factors.」

    The core automotive-related wholesale business posted 7.0% revenue growth and an 83.8% increase in segment profit, driven by higher sales of premium aluminum wheels for luxury vehicles and automotive products.
  6. FY2024-Q3Lower core product sales and yen depreciation continued to depress revenue and profitAnnual report

    「Revenue from the automotive-related wholesale business was ¥20,224 million, a decrease of ¥1,632 million, or 7.5%, year on year. This was due to lower sales of the core aluminum wheels and automotive products. Segment profit also decreased by ¥450 million, or 26.0%, year on year to ¥1,283 million, as well as the decline in sales, due to higher procurement costs resulting from the continued depreciation of the yen and other factors.」

    Although the policy of making the automotive-related wholesale business the core business continues, revenue fell 7.5% and segment profit fell 26.0% due to lower sales of the core aluminum wheels and automotive products and higher procurement costs resulting from yen depreciation.
  7. FY2024-Q2Core product sales decline and yen depreciation led to a significant decline in profitAnnual report

    「Revenue from the automotive-related wholesale business was ¥9,727 million, a decrease of ¥1,184 million, or 10.9%, year on year. This was due to lower sales of the core aluminum wheels and automotive products. Segment profit also decreased by ¥352 million, or 72.4%, year on year to ¥134 million, as well as the decline in sales, due to higher procurement costs resulting from the continued depreciation of the yen and other factors.」

    Although there has been no change in the policy of making the automotive-related wholesale business the core business, revenue fell 10.9% and segment profit fell 72.4% due to lower sales of the core aluminum wheels and automotive products and higher procurement costs resulting from yen depreciation.
  8. FY2024-Q1Lower sales of core products led to lower revenue and profitAnnual report

    「Revenue from the automotive-related wholesale business was ¥4,311 million, a decrease of ¥267 million, or 5.8%, year on year. This was due to lower sales of the core aluminum wheels and automotive products. Segment profit also decreased by ¥57 million, or 46.7%, year on year to ¥65 million, reflecting the decline in sales.」

    Although the policy of making the automotive-related wholesale business the core business continues, revenue fell 5.8% and segment profit fell 46.7% due to lower sales of the core aluminum wheels and automotive products.
  9. FY2023AdvancedAnnual report

    「Revenue from the automotive-related wholesale business was ¥26,655 million, an increase of ¥1,169 million, or 4.6%, from the previous fiscal year. This was due to higher sales of the core aluminum and steel wheels. Segment profit also increased by ¥865 million, or 83.7%, from the previous fiscal year to ¥1,898 million, reflecting the increase in wheel sales.」

    In the core automotive-related wholesale business, higher sales of the core wheels resulted in 4.6% revenue growth and an 83.7% increase in segment profit.
  10. FY2023-Q3AdvancedAnnual report

    「Revenue from the automotive-related wholesale business was ¥21,856 million, an increase of ¥1,544 million, or 7.6%, year on year. This was due to higher sales of the core aluminum and steel wheels. Segment profit also increased by ¥824 million, or 90.5%, year on year to ¥1,734 million, reflecting the increase in wheel sales.」

    Driven by higher sales of its core aluminum and steel wheels, the automotive-related wholesale business posted 7.6% revenue growth, while segment profit increased 90.5%.
  11. FY2023-Q2AdvancedAnnual report

    「Revenue from automotive-related wholesale was ¥10,911 million, up ¥1,183 million year on year (12.2%), owing to higher sales, mainly of the core aluminum wheels. Segment profit also increased by ¥208 million (74.5%) to ¥487 million, reflecting higher aluminum wheel revenue and other factors.」

    The core automotive-related wholesale business achieved 12.2% revenue growth on higher sales, mainly of the core aluminum wheels, while segment profit increased 74.5%.
  12. FY2023-Q1Slight revenue growth, but lower profit due to higher raw material costs and a weaker yenAnnual report

    「Revenue from automotive-related wholesale was ¥4,578 million, up ¥3 million year on year (0.1%). This was because higher sales of the core aluminum wheels offset lower sales of automotive products and other items. Segment profit was ¥123 million, down ¥29 million year on year (19.5%), owing to higher procurement costs resulting from rising raw material prices, the weaker yen and other factors.」

    The core automotive-related wholesale business achieved 0.1% revenue growth on higher sales of the core aluminum wheels, while segment profit declined 19.5% owing to higher procurement costs resulting from rising raw material prices and the weaker yen.
  13. FY2022Revenue growth, but lower profit due to higher raw material costs and a weaker yenAnnual report

    「Revenue from automotive-related wholesale was ¥25,486 million, up ¥2,762 million year on year (12.2%), owing to higher sales across the product range, including the core aluminum wheels. Segment profit was ¥1,033 million, down ¥197 million year on year (16.1%), owing to higher procurement costs resulting from rising raw material prices, the weaker yen and other factors.」

    The core automotive-related wholesale business achieved 12.2% revenue growth on higher sales across the product range, while segment profit declined 16.1% owing to higher procurement costs resulting from rising raw material prices and the weaker yen.
  14. FY2022-Q3Revenue increased, but profit declined due to higher raw material costsAnnual report

    「Revenue from automotive-related wholesale was ¥20,312 million, up ¥2,252 million year on year (12.5%), owing to higher sales across the product range, including the core aluminum wheels for winter use. Segment profit was ¥910 million, down ¥264 million year on year (22.5%), owing to higher procurement costs resulting from rising raw material prices and other factors.」

    The core automotive-related wholesale business achieved 12.5% revenue growth on higher sales across the product range, while segment profit declined 22.5% owing to higher procurement costs resulting from rising raw material prices and other factors.
  15. FY2022-Q2AdvancedAnnual report

    「Revenue from automotive-related wholesale was ¥9,727 million, up ¥934 million year on year (10.6%), owing to higher sales across the product range, including the core aluminum wheels and automotive products. Segment profit also increased by ¥126 million (83.0%) to ¥279 million, reflecting higher revenue from aluminum wheels and other products.」

    In the core automotive-related wholesale business, sales across the product range increased, driving a 10.6% year-on-year increase in revenue and an 83.0% increase in segment profit.
  16. FY2022-Q1AdvancedAnnual report

    「Revenue from automotive-related wholesale was ¥4,575 million, up ¥713 million year on year (18.5%), owing to higher sales across the product range, including the core aluminum wheels and automotive products. Segment profit also increased by ¥90 million (143.0%) to ¥152 million, reflecting higher revenue from aluminum wheels and other products.」

    Sales of aluminum wheels, automotive products and other items increased in the automotive-related wholesale business, driving an 18.5% increase in revenue and a 143.0% increase in segment profit. The core business showed improved performance.
  17. FY2021AdvancedAnnual report

    「Revenue from automotive-related wholesale was ¥22,723 million, up ¥830 million year on year (3.8%), mainly owing to higher sales of mid-range aluminum wheels and automotive products. Segment profit was ¥1,231 million, up ¥336 million year on year (37.6%).」

    In the core automotive-related wholesale business, revenue increased 3.8% and segment profit increased 37.6% owing to higher sales of mid-range aluminum wheels, automotive products and other items.
  18. FY2021-Q3AdvancedAnnual report

    「Revenue from automotive-related wholesale was ¥18,059 million, up ¥132 million year on year (0.7%). This was mainly due to higher sales of the core aluminum wheels and other products, reflecting increased new-car sales and the effects of snowfall during the third-quarter consolidated accounting period. Segment profit was ¥1,175 million, up ¥147 million year on year (14.3%).」

    The core wholesale business, which had declined through the second quarter due to the spread of COVID-19 and constraints on sales activities, achieved cumulative revenue growth of 0.7% and segment profit growth of 14.3% following higher sales of the core aluminum wheels in the third quarter.
  19. FY2021-Q2Continued lower revenue and profit in the core business during the pandemicAnnual report

    「Revenue from automotive-related wholesale was ¥8,792 million, down ¥843 million year on year (8.8%), as sales of the core aluminum wheels declined amid worsening market conditions associated with the spread of COVID-19 and constraints on sales activities, compounded by strong demand ahead of the previous year's consumption tax increase. Segment profit was ¥152 million, down ¥120 million year on year (44.2%), despite lower labor and other expenses alongside the decline in sales.」

    The policy of strengthening the core business remains unchanged, but lower sales of the core aluminum wheels due to worsening market conditions and constraints on sales activities caused by COVID-19 and other factors resulted in an 8.8% decline in wholesale revenue and a 44.2% decline in segment profit.
  20. FY2021-Q1Lower revenue and profit in the core business due to the pandemicAnnual report

    「Revenue from automotive-related wholesale was ¥3,861 million, down ¥353 million year on year (8.4%). This was due to lower sales of the core aluminum wheels as market conditions deteriorated amid the spread of COVID-19 and sales activities were constrained. Segment profit also declined by ¥55 million (47.0%) to ¥62 million owing to lower aluminum wheel revenue.」

    The policy of making automotive-related wholesale the core business remains unchanged, but sales of the core aluminum wheels declined as market conditions deteriorated and sales activities were constrained by COVID-19, resulting in lower revenue and profit.
  21. FY2020Lower revenue and profit in the core businessAnnual report

    「Revenue from automotive-related wholesale was ¥21,892 million, down ¥2,592 million year on year (10.6%), mainly owing to lower aluminum wheel revenue. Segment profit was ¥895 million, down ¥396 million year on year (30.7%).」

    Although the policy of expanding the core business remains in place, wholesale revenue and profit declined during the year owing to lower aluminum wheel revenue.
  22. FY2020-Q3RestatedAnnual report

    「Revenue from automotive-related wholesale was ¥17,927 million, down ¥1,881 million year on year (9.5%), mainly owing to lower aluminum wheel revenue. Segment profit was ¥1,028 million, down ¥213 million year on year (17.2%).」

    Automotive-related wholesale remains the core business, but revenue and segment profit both fell below the previous year, mainly owing to lower aluminum wheel revenue.
  23. FY2020-Q2RestatedAnnual report

    「Revenue from automotive-related wholesale was ¥9,635 million, up ¥163 million year on year (1.7%). This was due to higher revenue from automotive products and other items, despite lower wheel sales. Segment profit was ¥273 million, down ¥7 million year on year (2.7%), owing to lower sales of the core wheels.」

    The business remains centered on automotive-related wholesale. Revenue increased on higher sales of automotive products and other items, while segment profit declined 2.7% owing to lower sales of the core wheels.
  24. FY2020-Q1RestatedAnnual report

    「The Company has been strengthening its product development capabilities for upper- and mid-range aluminum wheels, its sales capabilities and efficiency through system improvements. Inventory management had also posed challenges because products are strongly affected by trends and preferences, making excess and inactive inventory prone to arise amid sales competition and seasonal fluctuations. The Company reviewed its approach to product management, pursued thorough policy-based management and has progressed to the point of eliminating excess and inactive inventory.」

    The policy of keeping automotive-related wholesale as the core business continues, with efforts to strengthen the core business through product development for upper- and mid-range products, stronger sales and systems capabilities, and inventory management.
  25. FY2019-Q3RestatedAnnual report

    「Revenue from automotive-related wholesale was ¥19,808 million, up ¥329 million year on year (1.7%). This was due to higher revenue from steel wheels, automotive products and other items, despite lower sales of the core aluminum wheels. Segment profit was ¥1,241 million, down ¥248 million year on year (16.7%), affected by customers' preference for lower prices and higher procurement costs resulting from surging raw material prices.」

    The policy of making automotive-related wholesale the core business remains in place. Revenue increased 1.7%, while segment profit declined 16.7% owing to customers' preference for lower prices and higher procurement costs resulting from surging raw material prices.
  26. FY2019-Q2RestatedAnnual report

    「Revenue from automotive-related wholesale was ¥9,472 million, up ¥66 million year on year (0.7%). This was due to higher revenue from steel wheels, automotive products and other items, despite lower sales of the core aluminum wheels. Segment profit was ¥280 million, down ¥236 million year on year (45.7%), affected by customers' preference for lower prices and higher costs resulting from rising raw material prices and other factors.」

    The policy of making automotive-related wholesale the core business remains in place. Revenue increased 0.7%, while segment profit declined 45.7% owing to customers' preference for lower prices and rising raw material costs and other factors.
  27. FY2019-Q1RestatedAnnual report

    「Revenue from automotive-related wholesale was ¥4,367 million, up ¥83 million year on year (1.9%). This was due to higher revenue from steel wheels, automotive products and other items, despite lower sales of the core aluminum wheels. Segment profit was ¥157 million, down ¥98 million year on year (38.5%), owing to lower aluminum wheel revenue and higher costs.」

    The business portfolio centered on automotive-related wholesale remains in place. Revenue increased 1.9%, while segment profit declined 38.5% owing to lower aluminum wheel revenue and higher costs.
  28. FY2018AdvancedAnnual report

    「The Company has identified expansion of its core business, wholesale operations for wheels and automotive products, as a target of its medium- to long-term plan, and aims to establish an even more efficient structure by strengthening its sales capabilities and systems. Revenue from automotive-related wholesale was ¥24,424 million, an increase of ¥671 million year on year (2.8%). Segment profit also increased by ¥257 million (19.1%) to ¥1,608 million, reflecting higher revenue and cost improvements.」

    The Company clearly states its policy of expanding the core business, while wholesale revenue increased 2.8% and segment profit increased 19.1%.
  29. FY2018-Q3AchievedAnnual report

    「Business combination date: 29 January 2018. The voting interest represented by the additionally acquired shares was 30%.」

    The Company acquired an additional 30% interest in 株式会社東京車輪, in which it already held 70%, completing its conversion into a wholly owned subsidiary with a 100% voting interest.
  30. FY2018-Q2Resolved to make it a wholly owned subsidiaryAnnual report

    「Through the transaction, 株式会社東京車輪 will become a wholly owned subsidiary of the Company. The additional acquisition is intended to improve the efficiency of the Group's management structure and expand related businesses.」

    The Company resolved to acquire an additional 30.0% interest in 株式会社東京車輪, of which it already held 70.0%, by 31 January 2018, bringing its voting interest to 100.0%.
  31. FY2016First statedAnnual report

    「The Company aims to establish a strong management structure capable of prevailing in intense market competition, and regards strengthening its core automotive-related wholesale business as its most important strategy. The acquisition of the shares will further expand and strengthen its procurement capabilities and technical know-how.」

    The Company identifies strengthening its core wholesale business as its most important strategy, and describes expanding its procurement capabilities and technical know-how through the acquisition of shares in 株式会社東京車輪.
Moved together

"Building an optimized logistics system through the establishment of a logistics subsidiary" moved the same way as this thread, in the same document, in 10 of its 33 moves.

1098855★123456
  1. ★This thread
  2. 1Building an optimized logistics system through the establishment of a logistics subsidiary10×
  3. 2Improving the profitability of the welfare business and promoting occupancy9×
  4. 3Improving profitability in the automotive-related retail business8×
  5. 4Intensifying competition, fewer residents and losses at welfare facilities8×
  6. 5Earnings protection through cost improvements and expense reductions5×
  7. 6Risk of changes in demand and development failures for discretionary products5×

★ 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
Weds's next results are scheduled for 2026-11-02. Read the earnings preview It last moved in the Earnings of 2026-10-30: "Advanced".
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