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Mitani Sangyo (8285) · RiskDropped

Decline in Chemical Product Sales Due to Changes in Production Plans at Major Existing Customers in Northern Vietnam

First written in FY2019-Q1. 1 of 4 entries say "Worsened", first in FY2019-Q2. Latest entry: FY2020-Q1.

4entries
2years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q1WorsenedFY2019-Q2RestatedFY2019-Q3 – FY2020-Q12018: 220182019: 22019
Same theme, other companies
Decline in orders due to customer production fluctuations and production-site optimizationA theme 14 companies write about · 16 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2018: 6 of 10 companies on the "Worse" side.

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

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. FY2020-Q1DroppedAnnual report
    The current quarter's discussion of chemical product sales in Vietnam contains no direct mention of lost business or production-plan changes involving major existing customers in northern Vietnam, and instead cites lower operating rates among existing customers in southern Vietnam as a factor behind the decline in revenue.
  2. FY2019-Q3RestatedAnnual report

    「In chemical product sales in Vietnam, sales declined despite solid sales to existing customers in the south, because a major existing customer in the north was lost.」

    The loss of major existing customers in northern Vietnam continues to be a factor behind the decline in revenue from chemical product sales in Vietnam.
  3. FY2019-Q2WorsenedAnnual report

    「In chemical product sales in Vietnam, sales declined despite solid sales to existing customers in the south, because a major existing customer in the north was lost.」

    For major existing customers in northern Vietnam, the situation progressed from changes in production plans in the previous quarter to lost business, which became a factor behind the decline in revenue from chemical product sales in Vietnam.
  4. FY2019-Q1First statedAnnual report

    「In chemical product sales in Vietnam, sales declined despite solid sales to existing customers in the south, due to changes in the production plans of a major existing customer in the north.」

    Major existing customers in northern Vietnam actually changed their production plans, which became a factor behind the decline in revenue from chemical product sales in Vietnam.
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Mitani Sangyo's next results are scheduled for 2026-10-30. Read the earnings preview
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Decline in Chemical Product Sales Due to Changes in Production Plans at Major Existing Customers in Northern Vietnam | MITANI SANGYO CO.,LTD. (8285) | Komori