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Asahi Kagaku Kogyo (7928) · RiskReframed

Demand Fluctuations in Major End Markets

First written in FY2016-Q3. 11 of 33 entries say "Restated". Latest entry: 2026-10-14.

33entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016-Q3 – FY2017ReframedFY2024-Q1 – 2026-10-142016: 220162017: 420172018: 320182019: 420192020: 420202021: 420212022: 320222023: 420232024: 220242025: 120252026: 22026
Same theme, other companies

Asahi Kagaku Kogyo moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).

The whole theme swung hardest in 2019: 36 of 68 companies on the "Worse" side.

3 other companies' latest entry also says "Reframed".

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 85 companies compared. The sentences above are computed from all 85.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-14ReframedEarnings

    「Orders from the power tool industry, our main customer industry, increased and remained firm in all 3 countries.」

    Orders from the power tool industry increased in all 3 countries, while orders for automotive components declined in Japan, indicating divergent trends by customer industry.
  2. FY2026-H1ReframedAnnual report

    「Against this backdrop, orders from the automotive industry declined, while orders from the power tools industry increased.」

    Trends among the main customer industries diverged, with orders declining in the automotive industry and increasing in the power tools industry.
  3. FY2025-H1ReframedAnnual report

    「Against this backdrop, orders from the automotive industry declined due to the impact of customers' factories being shut down as a result of disasters and other events, while orders from the power tools industry increased in all 3 countries.」

    The trend has changed from declining orders in the power tools industry and increasing orders in the automotive industry through the previous period to declining automotive orders due to customers' factories being shut down as a result of disasters and other events and increasing power tools orders in all 3 countries.
  4. FY2024-Q2ReframedAnnual report

    「Against this backdrop, orders from the power tools industry declined due to weak housing demand and customers' inventory adjustments. Orders from the automotive industry remained firm and increased as semiconductor shortages were resolved.」

    Orders in the power tools industry declined due to weak housing demand and customers' inventory adjustments, while orders in the automotive industry increased as semiconductor shortages were resolved, resulting in divergent trends among the main customer industries.
  5. FY2024-Q1ReframedAnnual report

    「Against this backdrop, orders for products from the power tools industry declined significantly due to weak housing demand and other factors. Orders from the automotive industry increased.」

    Orders in the power tools industry declined significantly due to weak housing demand and other factors, while orders in the automotive industry increased, resulting in divergent demand trends among the main customer industries.
  6. FY2023RestatedAnnual report

    「Against this backdrop, orders from the power tools industry, one of the Company's main customer industries, declined due to customers' inventory adjustments. Orders from the automotive industry increased as parts supply shortages gradually improved.」

    The Company continues to report divergent demand trends among its main customer industries, with orders declining in the power tools industry due to customers' inventory adjustments and increasing in the automotive industry as parts supply shortages improved.
  7. FY2023-Q3ReframedAnnual report

    「Against this backdrop, orders from the automotive industry increased as semiconductor shortages gradually improved, while orders from the power tools industry declined due to customers' inventory adjustments.」

    Orders from the automotive industry increased as semiconductor shortages improved, while orders from the power tools industry declined due to customers' inventory adjustments, resulting in divergent trends among the main customer industries.
  8. FY2023-Q2WorsenedAnnual report

    「Against this backdrop, orders from the power tools industry declined due to customers' inventory adjustments. Orders from the automotive industry declined due to semiconductor shortages.」

    The Company reports that orders from both main customer industries declined, due to customers' inventory adjustments in the power tools industry and semiconductor shortages in the automotive industry.
  9. FY2023-Q1ReframedAnnual report

    「Against this backdrop, orders for products from the power tools industry declined. Orders from the automotive industry increased overall, although orders for some products declined due to semiconductor shortages.」

    Orders from the power tools industry declined, while orders from the automotive industry increased overall despite declines in some products due to semiconductor shortages, resulting in divergent trends among the main customer industries.
  10. FY2022-Q3ReframedAnnual report

    「Against this backdrop, orders from the power tools industry increased as stay-at-home-related products continued to perform well. Orders from the automotive industry declined due to parts supply shortages.」

    Orders from the power tools industry continued to increase, while orders from the automotive industry declined due to parts supply shortages, resulting in divergent trends among the main customer industries.
  11. FY2022-Q2RestatedAnnual report

    「Against this backdrop, orders from the power tools industry increased as they continued to perform well. Orders from the automotive industry declined due to the impact of the renewed spread of COVID-19.」

    The Company continues to report divergent trends among its main customer industries, with orders increasing in the power tools industry and declining in the automotive industry.
  12. FY2022-Q1ReframedAnnual report

    「Against this backdrop, orders for products from the power tools industry increased as they continued to perform well. Orders from the automotive industry declined due to the impact of the spread of COVID-19.」

    Orders from the power tools industry continued to increase, while orders from the automotive industry declined due to the impact of the spread of COVID-19, resulting in divergent trends among the main customer industries.
  13. FY2021RestatedAnnual report

    「Against this backdrop, orders from the power tools industry, one of the Company's main customer industries, increased as sales remained strong due to demand for tools at building and construction sites and stay-at-home demand. Orders from the automotive industry increased, partly due to catch-up production to make up for production cuts caused by the spread of COVID-19 in the previous fiscal year.」

    The Company reports that orders from both main customer industries continued to increase, supported by demand for tools at building and construction sites and stay-at-home demand in the power tools industry and catch-up production to make up for production cuts in the previous fiscal year in the automotive industry.
  14. FY2021-Q3RestatedAnnual report

    「Against this backdrop, orders from the power tools industry increased as stay-at-home-related products continued to perform well. Orders from the automotive industry increased, partly due to catch-up production to make up for production cuts caused by the spread of COVID-19 in the previous fiscal year.」

    Orders from both main customer industries continued to increase, supported by stay-at-home-related products in the power tools industry and catch-up production to make up for production cuts in the automotive industry in the previous fiscal year.
  15. FY2021-Q2MitigatedAnnual report

    「Against this backdrop, orders from the power tools industry increased as stay-at-home-related products continued to perform well. Orders from the automotive industry increased for catch-up production to make up for production that could not be carried out due to the spread of COVID-19.」

    Orders and production at the main customer industries had declined in the previous fiscal year due to COVID-19, but orders increased in both industries, supported by stay-at-home-related products in the power tools industry and catch-up production in the automotive industry.
  16. FY2021-Q1MitigatedAnnual report

    「Orders from the power tools industry increased as stay-at-home-related products continued to perform well. Orders from the automotive industry increased for catch-up production to make up for production that could not be carried out due to the spread of COVID-19.」

    Orders and production at the main customer industries had declined in the previous fiscal year due to COVID-19, but in the current quarter orders increased in both the power tools and automotive industries, supported by strong performance from stay-at-home-related products and catch-up automotive production.
  17. FY2020WorsenedAnnual report

    「Against this backdrop, the power tools and automotive industries, the Company's main customer industries, were affected by lower orders and interruptions in some parts supplies due to COVID-19, including an inability to produce certain products.」

    For the main customer industries, the Company reports that lower orders and interruptions in parts supplies actually resulted in an inability to produce certain products.
  18. FY2020-Q3WorsenedAnnual report

    「Against this backdrop, the power tools and automotive industries, the Company's main customer industries, have experienced lower production and sales due to COVID-19-related interruptions in some parts supplies and lower orders.」

    For the main customer industries, the Company reports that COVID-19-related interruptions in parts supplies and lower orders have actually resulted in lower production and sales.
  19. FY2020-Q2WorsenedAnnual report

    「The power tools and automotive industries, the Group's main customer industries, have been strongly affected by these factors and face an uncertain outlook.」

    The Company reports that the power tools and automotive industries, its main customer industries, have been strongly affected by the consumption tax increase and the spread of COVID-19.
  20. FY2020-Q1ReframedAnnual report

    「In Japan, orders for automotive parts increased, resulting in revenue of ¥1,132 million, up 10.3% year on year, while operating loss was ¥25 million, compared with an operating loss of ¥12 million in the same quarter of the previous year, due to higher subcontracting costs. In China, lower orders for power tool parts and resin molds resulted in revenue of ¥914 million, down 10.4%, and operating income of ¥68 million, down 14.5%. In Thailand, lower orders for automotive parts resulted in revenue of ¥133 million, down 4.7%, while lower depreciation expenses resulted in an operating loss of ¥19 million, compared with an operating loss of ¥26 million in the same quarter of the previous year.」

    Orders for automotive parts increased in Japan, while orders for power tool parts and resin molds in China and automotive parts in Thailand declined, resulting in divergent demand trends by region and customer industry.
  21. FY2019RestatedAnnual report

    「Against this backdrop, sales remained firm in both the power tools and automotive industries, the Company's main customer industries.」

    The Company reports that both the power tools and automotive industries, its main customer industries, remained firm.
  22. FY2019-Q3MitigatedAnnual report

    「Both the power tools and automotive industries, the Company's main customer industries, remained firm in domestic and overseas markets, resulting in higher revenue and operating income.」

    The Company reports that both the power tools and automotive industries remained firm in domestic and overseas markets and recorded higher revenue and operating income, indicating an improvement in demand among its main customer industries.
  23. FY2019-Q2RestatedAnnual report

    「Against this backdrop, sales in the power tools industry, one of the Group's main customer industries, remained firm in Japan and overseas, resulting in higher revenue and operating income. In the automotive industry, sales remained firm mainly in Asia, resulting in higher revenue.」

    The power tools industry remained firm in Japan and overseas and recorded higher revenue and operating income, while the automotive industry remained firm mainly in Asia and recorded higher revenue.
  24. FY2019-Q1MitigatedAnnual report

    「Sales in the power tools industry remained firm in Japan and overseas, resulting in higher revenue and operating income. In the automotive industry, sales remained firm mainly in North America and Europe, also resulting in higher revenue and operating income.」

    Sales remained firm in Japan and overseas in the power tools industry and mainly in North America and Europe in the automotive industry, with both industries recording higher revenue and operating income.
  25. FY2018-Q3MitigatedAnnual report

    「Both the power tools and automotive industries, the Company's main customer industries, remained firm in domestic and overseas markets, resulting in higher revenue and operating income.」

    Demand from the main customer industries remained firm, as in the previous quarter, and this time both the power tools and automotive industries recorded higher revenue and operating income.
  26. FY2018-Q2MitigatedAnnual report

    「Against this backdrop, sales in the power tools industry, one of the Group's main customer industries, remained firm in Japan and overseas and increased from the same quarter of the previous year. In the automotive industry, operations remained firm in Japan and overseas, and production and sales increased from the same quarter of the previous year.」

    The previous quarter reported lower sales in the automotive industry, whereas the current quarter reports year-on-year increases in sales or production in both the power tools and automotive industries in Japan and overseas.
  27. FY2018-Q1ReframedAnnual report

    「Sales in the power tools industry remained firm in Japan and overseas, and revenue increased as the yen weakened. In the automotive industry, sales declined mainly in North America and Asia, resulting in lower revenue.」

    Revenue increased in the power tools industry on firm sales and the weaker yen, while sales and revenue declined in the automotive industry, mainly in North America and Asia, resulting in divergent trends among the main customer industries.
  28. FY2017RestatedAnnual report

    「Against this backdrop, sales in the power tools industry, one of the group's main customer industries, remained steady in domestic and overseas markets, particularly in developed economies. Sales in the automotive industry also remained steady in domestic and overseas markets, particularly in North America and Asia.」

    The company continues to state that sales in the power tools and automotive industries remained steady, with the relevant regions specified.
  29. FY2017-Q3RestatedAnnual report

    「Against this backdrop, sales in the power tools industry, one of the group's main customer industries, remained steady in domestic and overseas markets, particularly in developed economies. Sales in the automotive industry also remained steady in domestic and overseas markets, particularly in North America and Asia.」

    The company continues to state that sales in both the power tools and automotive industries remained steady in Japan and overseas, particularly in developed economies or in North America and Asia.
  30. FY2017-Q2RestatedAnnual report

    「Against this backdrop, sales in the power tools industry, one of the group's main customer industries, remained steady in Japan and overseas but declined from the same quarter of the previous year as the yen moved toward appreciation. Sales in the automotive industry also remained steady in Japan and overseas, but production and sales declined from the same quarter of the previous year for the same reason.」

    The company continues to state that sales or production in Japan and overseas remained steady in both the power tools and automotive industries, but declined year on year due to the trend toward yen appreciation.
  31. FY2017-Q1RestatedAnnual report

    「Sales in the power tools industry remained steady, but revenue declined as the exchange rate moved toward yen appreciation. Sales in the automotive industry remained steady, particularly in Japan and Europe, but revenue declined for the same reason.」

    The company presents sales trends by region for the power tools and automotive industries, stating that sales remained steady in both industries, or in some regions, while revenue declined due to yen appreciation.
  32. FY2016RestatedAnnual report

    「Sales in the power tools industry proceeded steadily, supported by the strong North American economy, but revenue declined due to yen appreciation. In the automotive industry, sales increased in North America, but overall sales declined due to lower sales in Japan following the tax increase and stagnation in some emerging economies.」

    For the key customer industries of power tools and automotive, the company continues to describe regional increases and decreases in demand and the effects of yen appreciation, tax increases and stagnation in emerging economies.
  33. FY2016-Q3First statedAnnual report

    「Sales to the power tools industry, the group's main customer industry, increased overall, particularly in North America. In the automotive industry, both sales and production declined due to production stoppages resulting from the Kumamoto Earthquake and other factors.」

    The company describes increased sales in the power tools industry and declines in sales and production in the automotive industry due to production stoppages, outlining demand trends by customer industry.
Moved together

"Unstable Economic Environment Due to Yen Appreciation, Falling Stock Prices and Other Factors" moved the same way as this thread, in the same document, in 15 of its 33 moves.

15141312119★123456
  1. ★This thread
  2. 1Unstable Economic Environment Due to Yen Appreciation, Falling Stock Prices and Other Factors15×
  3. 2Deterioration in Sales and Earnings Due to Lower Orders14×
  4. 3Consolidated Net Sales of ¥10 Billion and Annual Revenue Growth of at Least 10%13×
  5. 4Domestic Profit Recovery Through Mold Technology, Forming Technology and Shorter Lead Times12×
  6. 5Improvement in operating profit due to lower royalties at the China-based operations11×
  7. 6Maintaining a 20% gross margin and raising it to 10% in the near term9×

★ 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
Asahi Kagaku Kogyo's next results are scheduled for 2026-10-14. Read the earnings preview It last moved in the Earnings of 2026-10-14: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Demand Fluctuations in Major End Markets | ASAHI KAGAKU KOGYO CO.,LTD. (7928) | Komori