Komori
Meiwa (8103) · FactShifted from a segment loss to a small profit for the full yearLatest Financial Results Presentation (2026-07-31): "Reframed"

Automotive business to become a separate reporting segment, with revenue up and profit down

First written in FY2019-Q1. 12 of 26 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-07-31.

26entries
9years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2023-Q1 – FY2024-Q12018: 220182019: 320192020: 220202021: 320212022: 420222023: 420232024: 220242025: 120252026: 52026
Same theme, other companies
Higher revenue and operating profit in the Automotive Sales businessA theme 11 companies write about · 6 as a headwind · 5 as a tailwind

Meiwa moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).

The whole theme swung hardest in 2025: 2 of 8 companies on the "Worse" side.

2 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026Shifted from a segment loss to a small profit for the full yearAnnual report

    「Revenue was ¥12.834 billion, an increase of ¥2.119 billion, or 19.8%, from the same period a year earlier. Segment profit was ¥23 million, down ¥384 million, or 94.2%.」

    The Battery and Automotive Business, which had reported a segment loss in the six-month consolidated accounting period, recorded a profit of ¥23 million for the full year. Meanwhile, equity-method investees in the automotive business remained sluggish.
  2. FY2026-H1WorsenedAnnual report

    「Revenue was ¥5.045 billion, a decrease of ¥1.484 billion, or 22.7%, from the same period a year earlier. The segment loss was ¥57 million, a ¥157 million decline in profit from the previous year.」

    The Battery and Automotive Business shifted from higher revenue and profit in the previous fiscal year to lower revenue and a segment loss. The disappearance of a one-time factor that had increased battery materials revenue and weak performance at equity-method investees were cited.
  3. FY2025-H1AdvancedAnnual report

    「Revenue was ¥6.529 billion, an increase of ¥3.816 billion, or 140.6%, from the same period a year earlier. Segment profit was ¥99 million, an increase of ¥83 million, or 514.6%.」

    The Automotive and Battery Materials Business had reported losses or sluggish performance through the previous fiscal year, but delivered substantially higher revenue and profit in the current six-month consolidated accounting period. Strong performance at equity-method investees in the automotive business and strong battery materials sales in Japan and China were cited as factors.
  4. FY2024-Q3RestatedAnnual report

    「Revenue was ¥5.268 billion, an increase of ¥632 million, or 13.6%, from the same period a year earlier. Segment profit was ¥183 million, an improvement of ¥890 million from the previous year, when the segment reported a loss of ¥706 million.」

    The Automotive and Battery Materials Business continued to report a profit following the previous quarter, with the shift from a segment loss in the same period a year earlier to a profit continuing. Earnings at equity-method investees in the automotive business improved, and battery materials sales were also strong.
  5. FY2024-Q2From segment loss to profitAnnual report

    「Revenue was ¥2.713 billion, a decrease of ¥486 million, or 15.2%, from the same period a year earlier. Segment profit was ¥16 million, an improvement of ¥378 million from the previous year, when the segment reported a loss of ¥362 million.」

    The Automotive and Battery Materials Business delivered lower revenue but shifted from a segment loss of ¥362 million in the same period a year earlier to a profit of ¥16 million. Earnings at equity-method investees in the automotive business improved, while battery materials sales were sluggish.
  6. FY2024-Q1WorsenedAnnual report

    「Revenue was ¥1.181 billion, a decrease of ¥178 million, or 13.1%, from the same period a year earlier. The segment loss was ¥282 million, a ¥117 million decline in profit from the previous year, when the loss was ¥164 million.」

    The Automotive and Battery Materials Business reported lower revenue, and the segment loss widened from ¥164 million in the same period a year earlier to ¥282 million. An increase in losses at an equity-method investee in the automotive business and sluggish sales in the battery materials business were cited.
  7. FY2023WorsenedAnnual report

    「Revenue was ¥6.024 billion, an increase of ¥599 million, or 11.1%, from the same period a year earlier. The segment loss was ¥1.489 billion, a ¥1.05 billion decline in profit from the previous year, when the loss was ¥438 million.」

    The Automotive and Battery Materials Business delivered higher revenue, but the segment loss widened from ¥438 million in the previous fiscal year to ¥1.489 billion. Losses at an equity-method investee in the automotive business increased substantially.
  8. FY2023-Q3WorsenedAnnual report

    「Revenue was ¥4.635 billion, an increase of ¥513 million, or 12.4%, from the same period a year earlier. The segment loss was ¥706 million, a ¥320 million decline in profit from the previous year, when the loss was ¥385 million.」

    The Automotive and Battery Materials Business delivered higher revenue, while the segment loss widened from ¥385 million in the same period a year earlier to ¥706 million. An increase in losses at an equity-method investee in the automotive business was cited.
  9. FY2023-Q2WorsenedAnnual report

    「Revenue was ¥3.2 billion, an increase of ¥327 million, or 11.4%, from the same period a year earlier. The segment loss was ¥362 million, a ¥140 million decline in profit from the previous year, when the loss was ¥221 million. This was mainly the result of the following developments: • The automotive business reported lower profit because losses at an equity-method investee increased. • Sales of battery materials for automobiles and other applications remained solid.」

    The Automotive and Battery Materials Business delivered higher revenue, while the segment loss widened from ¥221 million in the same period a year earlier to ¥362 million. An increase in losses at an equity-method investee in the automotive business was cited.
  10. FY2023-Q1WorsenedAnnual report

    「Revenue was ¥1.359 billion, a decrease of ¥13 million, or 1.0%, from the same period a year earlier. The segment loss was ¥164 million, a ¥199 million decline in profit from the previous year, when the segment reported a profit of ¥34 million.」

    The Automotive and Battery Materials Business shifted from a profit in the same period a year earlier to a segment loss of ¥164 million. The automotive business recorded losses at an equity-method investee, while battery materials sales were sluggish.
  11. FY2022Loss narrowed despite continued lower revenueAnnual report

    「Revenue was ¥5.424 billion, a decrease of ¥803 million, or 12.9%, from the same period a year earlier. The segment loss was ¥438 million, an improvement of ¥222 million from the previous year, when the loss was ¥661 million. This was mainly the result of the following developments: The automotive business reported higher profit because an equity-method investee recorded a loss. Battery materials sales for automobiles and other applications remained at about the same level as in the previous fiscal year.」

    The Automotive and Battery Materials Business continued to report lower revenue, but the segment loss narrowed from ¥661 million in the previous year to ¥438 million. The automotive business continued to record losses, while battery materials sales were at about the previous fiscal year's level.
  12. FY2022-Q3WorsenedAnnual report

    「Revenue was ¥4.122 billion, a decrease of ¥570 million, or 12.2%, from the same period a year earlier. The segment loss was ¥385 million, a ¥23 million decline in profit from the previous year, when the loss was ¥362 million.」

    The Automotive and Battery Materials Business reported lower revenue, and the segment loss widened from ¥362 million in the same period a year earlier to ¥385 million. The recording of losses at equity-method investees in the automotive business and sluggish battery materials sales were cited.
  13. FY2022-Q2Loss narrowed despite lower revenueAnnual report

    「Revenue was ¥2.873 billion, a decrease of ¥97 million, or 3.3%, from the same period a year earlier. The segment loss was ¥221 million, an improvement of ¥161 million, or 42.2%, from the previous year, when the loss was ¥382 million. This was mainly the result of the following developments: Investment losses at equity-method investees related to automotive parts in the automotive business, which had been affected by COVID-19, improved slightly. Battery materials sales for automobiles and other applications remained strong.」

    The Automotive and Battery Materials Business delivered lower revenue, but the segment loss narrowed by ¥161 million from the same period a year earlier. Investment losses in the automotive business improved slightly, while battery materials sales remained strong.
  14. FY2022-Q1From lower revenue and a loss to lower revenue and higher profitAnnual report

    「Revenue was ¥1.372 billion, a decrease of ¥501 million, or 26.8%, from the same period a year earlier. Segment profit was ¥34 million, a ¥258 million increase from the previous year, when the segment reported a loss of ¥223 million. This was mainly the result of the following developments: The automotive business delivered higher profit as investment losses at equity-method investees related to automotive parts, which had been affected by COVID-19, among other factors, turned into profit. Sales of battery materials for automobiles and other applications remained sluggish.」

    The Automotive and Battery Materials Business delivered lower revenue but shifted from a segment loss in the same period a year earlier to a profit. In the automotive business, investment losses at equity-method investees turned into profit, while battery materials sales were sluggish.
  15. FY2021-Q3WorsenedAnnual report

    「④ Automotive and Battery Materials Business: Revenue was ¥4.697 billion, an increase of ¥404 million, or 9.4%, from the same period a year earlier. The segment loss was ¥362 million, a ¥62 million decline in profit from the previous year, when the loss was ¥300 million. The automotive business reported lower profit because an equity-method investee recorded a loss.」

    The Automotive and Battery Materials Business delivered higher revenue, but the segment loss widened from the same period a year earlier. In the automotive business, lower profit due to a loss recorded by an equity-method investee continued.
  16. FY2021-Q1WorsenedAnnual report

    「The automotive business reported lower profit because an equity-method investee recorded a loss.」

    The automotive business reported lower profit because an equity-method investee recorded a loss. Demand for the battery materials business recovered, but the automotive and battery materials businesses as a whole reported a segment loss.
  17. FY2020-Q3From lower revenue and lower profit to slightly higher revenue and substantially lower profitAnnual report

    「Automotive business revenue was ¥1.852 billion, an increase of ¥16 million, or 0.9%, from the same period a year earlier. Segment profit was ¥21 million, down ¥250 million, or 92.1%.」

    The automotive business shifted from lower revenue and lower profit through the previous quarter to slightly higher revenue, while segment profit fell substantially by 92.1% because equity-method investment income declined.
  18. FY2020-Q2WorsenedAnnual report

    「Automotive business revenue was ¥1.106 billion, a decrease of ¥112 million, or 9.3%, from the same period a year earlier. Segment profit was ¥133 million, down ¥79 million, or 37.5%. This was mainly the result of the following development: Profit declined because equity-method investment income fell.」

    The automotive business shifted from higher revenue and lower profit to lower revenue and lower profit, with revenue down 9.3% year on year and segment profit down 37.5%.
  19. FY2020-Q1WorsenedAnnual report

    「Automotive business revenue was ¥561 million, a decrease of ¥73 million, or 11.6%, from the same period a year earlier. Segment profit was ¥78 million, down 0.3% year on year. This was mainly the result of the following development: Performance remained sluggish because raw-material transactions declined.」

    The automotive business shifted from higher revenue and lower profit to lower revenue and lower profit, with performance remaining sluggish because raw-material transactions declined.
  20. FY2019-Q3RestatedAnnual report

    「Automotive business revenue was ¥1.836 billion, an increase of ¥231 million, or 14.4%, from the same period a year earlier. Segment profit was ¥271 million, down ¥71 million, or 20.8%. This was mainly the result of the following development: Although revenue increased, segment profit remained sluggish because equity-method investment income declined.」

    The automotive business continued to deliver higher revenue than in the previous quarter, while segment profit declined because equity-method investment income fell.
  21. FY2019-Q2RestatedAnnual report

    「Automotive business revenue was ¥1.219 billion, an increase of ¥242 million, or 24.8%, from the same period a year earlier. Segment profit was ¥212 million, down ¥45 million, or 17.8%. This was mainly the result of the following development: Although revenue increased, segment profit remained sluggish because equity-method investment income declined.」

    The automotive business delivered higher revenue, while segment profit fell 17.8% year on year because equity-method investment income declined.
  22. FY2019-Q1First statedAnnual report

    「Automotive business revenue was ¥635 million, an increase of ¥169 million, or 36.4%, from the same period a year earlier. Segment profit was ¥79 million, down ¥62 million, or 44.3%. This was mainly the result of the following developments: Although revenue increased, segment profit remained sluggish because equity-method investment income declined.」

    The automotive business was presented as a reporting segment independent of the business divisions. Revenue increased, while segment profit declined because equity-method investment income fell.
Moved together

"Deterioration in investees’ performance causing equity-method investment losses and lower dividends received" moved the same way as this thread, in the same document, in 11 of its 26 moves.

1187665★123456
  1. ★This thread
  2. 1Deterioration in investees’ performance causing equity-method investment losses and lower dividends received11×
  3. 2Improving Capital Efficiency and Reducing Interest-Bearing Debt through Group Finance8×
  4. 3Operating profit, ordinary profit and quarterly net income attributable to owners of the parent increase despite lower sales7×
  5. 4Expansion of sales of battery-related components and involvement in the value chain6×
  6. 5China’s Economic Slowdown and Uncertainty over the Global Economy6×
  7. 6Improved Performance in the Functional Materials Business, Including Battery-Related Materials and Rare Earths5×

★ 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
No upcoming earnings preview for Meiwa yet. It last moved in the Financial Results Presentation of 2026-07-31: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Automotive business to become a separate reporting segment, with revenue up and profit down | Meiwa Corporation (8103) | Komori