Decline in lifestyle-related business profit due to lower orders in the electronic components field
First written in FY2020-Q2. 5 of 11 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2026-H1.
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- FY2026-H1MitigatedAnnual report
「(Industrial products) Revenue increased to ¥15,992 million, up ¥1,421 million, or 9.8%, year on year, owing mainly to higher revenue at Japan Chain Holdings and 三生電子株式会社. Segment profit increased to ¥2,828 million, up ¥708 million, or 33.4%, year on year.」
Revenue and profit from industrial products, including 三生電子, increased, easing the decline in lifestyle-related business profit caused by lower orders at 三生電子 that had been cited previously, based on performance for the current interim period. - FY2024-Q1WorsenedAnnual report
「(Lifestyle-related business) Net sales increased by ¥186 million, or 2.3%, year on year to ¥8,347 million, due to factors including the acquisition of MOS株式会社 in the consumer products business. However, segment profit decreased by ¥218 million, or 20.6%, year on year to ¥842 million, due partly to a decline in orders at 三生電子株式会社 in the industrial products business.」
Lower orders at 三生電子 emerged as a factor behind the decline in lifestyle-related business profit, with segment profit down 20.6% year on year. - FY2023-Q1MitigatedAnnual report
「(Lifestyle-related business) Net sales increased by ¥1,797 million, or 28.3%, year on year to ¥8,160 million, due to factors including increased sales in the electronic components business within the lifestyle-related business and the acquisition of 日本カタン株式会社 in the power-related materials business. Segment profit increased by ¥344 million, or 48.1%, year on year to ¥1,061 million.」
Increased sales in the electronic components field reversed the previous decline in lifestyle-related business profit caused by lower orders, and lifestyle-related businesses posted growth in both revenue and profit during the current quarter. - FY2022MitigatedAnnual report
「For the current consolidated fiscal year, revenue increased owing to higher orders in the electronic components field of lifestyle-related businesses and the acquisition of システックキョーワ (housing-related materials) as a subsidiary. However, revenue declined to ¥46,592 million, down ¥10,785 million, or 18.8%, year on year, owing to the impact of the Accounting Standard for Revenue Recognition and other standards applied from the beginning of the current consolidated fiscal year.」
The description changed from lower orders in the electronic components field through the previous fiscal year to increased orders in the current fiscal year. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, orders received and order backlog in lifestyle-related businesses declined. This was mainly because orders at 三生電子株式会社 in the electronic components field, which had increased alongside rising demand for semiconductors and electronic components, began to normalize. Orders received declined to ¥10,719 million, down ¥2,802 million, or 20.7%, year on year, while order backlog declined to ¥5,490 million, down ¥1,768 million, or 24.4%.」
Orders at 三生電子, which had been increasing, began to normalize, resulting in orders received in lifestyle-related businesses declining 20.7% year on year and order backlog declining 24.4%. - FY2022-Q2MitigatedAnnual report
「This increased to ¥7,451 million, up ¥2,441 million, or 48.7%, year on year, owing mainly to 三生電子株式会社 in the electronic components field securing more orders than in the same quarter of the previous year.」
In the electronic components field, 三生電子 received more orders than in the same quarter of the previous year, changing from lower orders as a factor behind the previous profit decline to increased orders. - FY2022-Q1MitigatedAnnual report
「Although lifestyle-related businesses benefited from increased orders in the electronic components field, revenue declined to ¥10,622 million, down ¥4,700 million, or 30.7%, year on year, owing to the impact of the Accounting Standard for Revenue Recognition and other standards applied from the beginning of the first quarter of the current consolidated fiscal year.」
In the electronic components field, increased orders were cited, reversing the previous decline in lifestyle-related business profit caused by lower orders during the current quarter. - FY2021-Q3Acquisition contributions offset profit-decline factorsAnnual report
「Segment profit increased to ¥936 million, up ¥464 million, or 98.2%, year on year, owing mainly to the acquisition of ケイエムテイ (pet products) and 三生電子株式会社 (electronic components) as subsidiaries.」
Compared with the previous description of a profit decline caused by lower orders in the electronic components field, the acquisitions of ケイエムテイ and 三生電子 are now cited as major factors behind the increase in profit across lifestyle-related businesses. - FY2020WorsenedAnnual report
「For the fiscal year ended March 2020, profit was approximately ¥1.1 billion, as the apparel and contract facility-management businesses remained sluggish due to natural disasters such as typhoons and the impact of COVID-19, while production adjustments were seen in the electronic components field in response to China’s economic slowdown stemming from the US-China trade friction.」
In the electronic components field, production adjustments occurred in response to China’s economic slowdown, and operating profit in the non-coal production business remained at approximately ¥1.1 billion. - FY2020-Q3WorsenedAnnual report
「Segment profit declined to ¥472 million, down ¥554 million, or 54.0%, year on year, owing mainly to lower apparel sales and fewer orders in the electronic components field.」
Lower orders in the electronic components field continued to be a factor behind the decline in lifestyle-related business profit, with segment profit down 54.0% year on year. The decline widened from the 35.4% decline in the previous quarter. - FY2020-Q2First statedAnnual report
「Segment profit declined to ¥397 million, down ¥217 million, or 35.4%, year on year, owing mainly to lower orders in the electronic components field.」
In lifestyle-related businesses, revenue increased following the acquisition of 明光商会, while segment profit declined 35.4% year on year owing mainly to lower orders in the electronic components field.