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O-Well (7670) · RiskRestated

Declining demand for Hall ICs in the Chinese market

First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2020.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020-Q1MaterialisedFY2020-Q2RestatedFY2020-Q3 – FY20202019: 220192020: 22020
Same theme, other companies
Demand decline due to economic slowdown and inventory adjustments in mainland ChinaA theme 10 companies write about · 10 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2019: 4 of 6 companies on the "Worse" side.

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

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. FY2020RestatedAnnual report

    「Demand for Hall ICs, the company's main product, declined in the Chinese market, while shipments also decreased at ユニ電子㈱, a subsidiary of the company, due to production adjustments by automakers, the principal end users of customers that sell automotive modules.」

    The decline in Chinese-market demand for Hall ICs was also disclosed for the full fiscal year and, together with lower shipments of automotive modules, was a factor weighing on results.
  2. FY2020-Q3RestatedAnnual report

    「In addition, profit declined as a result of lower orders for the company’s main product, Hall ICs, for the Chinese market and trends in foreign exchange rates in foreign-currency-denominated transactions, namely a stronger yen and weaker euro.」

    The disclosure states that continued declines in orders for Hall ICs in the Chinese market, together with foreign exchange fluctuations, contributed to lower profit in the electrical and electronic components business.
  3. FY2020-Q2MaterialisedAnnual report

    「Profit declined as a result of lower orders for the company’s main product, Hall ICs, for the Chinese market and trends in foreign exchange rates in foreign-currency-denominated transactions, namely a stronger yen and weaker euro.」

    The disclosure states that the decline in Chinese-market demand for Hall ICs was confirmed this time as a decline in orders and contributed to lower profit in the electrical and electronic components business.
  4. FY2020-Q1First statedAnnual report

    「Demand for Hall ICs, the company's main product, declined in the Chinese market.」

    The disclosure states that the existing macroeconomic environment of slowing growth in China materialized as lower Chinese-market demand for Hall ICs, a key product in the electrical and electronic components business.
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Declining demand for Hall ICs in the Chinese market | O-WELL CORPORATION (7670) | Komori