Komori
Shinden Hightex (3131) · InitiativeAdvanced

Focus on Industrial LCD Sales and the Electronic Equipment Business

First written in FY2016. 18 of 41 entries say "Advanced", first in FY2017. Latest entry: 2026-11-10.

41entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2024-Q1 – FY2025-H12016: 320162017: 420172018: 320182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 62026
Same theme, other companies
Focus on the Equipment Systems Business for Semiconductor, LCD and FA ApplicationsA theme 10 companies write about · 0 as a headwind · 13 as a tailwind

4 other companies' latest entry also says "Advanced".

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. FY2026AdvancedAnnual report

    「Sales in the system products segment increased as equipment for inspections and other applications and the EMS business remained strong, while projects were acquired as manufacturers strengthened their AI server product lineups.」

    The shift in product mix progressed, with sales of system products increasing 43.7% year on year and their share rising from 12.3% to 18.0%. In contrast, sales of semiconductor products declined due to supply constraints, the transfer of distribution channels and other factors.
  2. 2026-05-13AdvancedType of presentation

    「検査等装置およびEMSビジネスが堅調に推移したことに加え、AIサーバーのメーカーラインナップ強化による案件の獲得が進み増収。」

    検査等装置、EMSおよびAIサーバーを含むシステム製品分野の成長が、通期実績として具体化した。
  3. FY2026-H1Semiconductor supply constraints alongside higher display and system products salesAnnual report

    「The display and system products segments provided support through higher sales, but continuing supply constraints affecting conventional memory-related products in the semiconductor products segment prevented us from fully meeting customer demand.」

    The semiconductor products segment declined due to supply constraints affecting conventional memory-related products, while the display and system products segments posted higher sales, continuing the shift in product mix.
  4. FY2025Lower system products mix alongside recovery in semiconductors and displaysAnnual report

    「Sales by product were ¥28,866,930 thousand for semiconductor products, ¥7,659,500 thousand for displays, ¥5,364,381 thousand for system products, ¥1,604,517 thousand for battery and power equipment, and ¥249,889 thousand for Other.」

    Semiconductor products increased 9.7% year on year, displays increased 101.7%, and battery and power equipment increased 7.0%, while system products declined 48.9%, with their share of sales also falling from 24.8% to 12.3%.
  5. FY2025-H1AdvancedAnnual report

    「Sales increased as sales of various types of memory grew against a backdrop of signs that memory market conditions were bottoming out.」

    Sales in the semiconductor products segment increased 20.1% year on year and those in the display segment increased 39.0%, while sales in the system products segment declined 44.1%. The disclosure specifically describes the change in product mix and the recovery in the memory and display segments.
  6. FY2024AdvancedAnnual report

    「Sales increased substantially, also benefiting from a large project acquired through winning new AI server equipment business.」

    The system products segment won a large new project for AI server equipment, lifting segment sales 88.7% year on year and increasing its share of company-wide sales from 13.3% to 24.8%.
  7. FY2024-Q3AdvancedAnnual report

    「Sales by product were ¥19,560,099 thousand for semiconductor products, ¥3,086,487 thousand for displays, ¥8,280,628 thousand for system products, ¥914,295 thousand for battery and power equipment, and ¥113,651 thousand for Other. Sales of system products increased 117.1% year on year.」

    The shift in product mix from the former focus on semiconductors and displays toward system products progressed, and the system products segment expanded substantially due to growth in EMS and the acquisition of new server equipment business.
  8. FY2024-Q2AdvancedAnnual report

    「Although the system products field increased substantially, sales declined primarily because of lower volumes in commodity businesses in both the semiconductor products field, which was affected by the continued deterioration of memory market conditions, and the display field, which was affected by worsening display market conditions and the civil rehabilitation proceedings of a major customer.」

    Sales in the system products segment increased 100.8% year on year, supported by a rebound in EMS and the acquisition of new server equipment business. The shift in product mix from the former focus on displays and semiconductors toward system products is progressing.
  9. FY2024-Q1AdvancedAnnual report

    「In the system products segment, sales increased as equipment for inspection and other applications remained strong, while EMS increased substantially as customers raised production following an easing of parts supply constraints. EMS means Electronics Manufacturing Service, a service that undertakes product development and production.」

    The system products segment, including the former electronic equipment business, increased 105.2% year on year due to steady equipment sales and a substantial increase in EMS. In contrast, displays declined due to deteriorating market conditions and the civil rehabilitation proceedings of a major business partner.
  10. FY2023ReframedAnnual report

    「The system products segment is positioned as the core of the medium-term management policy's goals of "pursuing higher margins" and "moving away from a preference for selling individual products and strengthening sales of system solutions."」

    The structure was reorganized from the former priority areas centered on industrial LCDs and electronic equipment, placing system products at the center of higher margins and system solution sales, while positioning displays as a restructuring area and battery and power equipment as a priority area for SX and GX.
  11. FY2023-Q3RestatedAnnual report

    「Since the current fiscal year, we have been focusing on sales of high-margin products and working to improve margins as part of the restructuring area. Affected by the shift in distribution channels for the LCD module business to direct dealings, sales were ¥4,325 million, down 54.0% year on year.」

    The display segment continues to pursue a shift toward high-margin products and margin improvement as a restructuring area, while sales continue to decline due to the shift to direct dealings for LCD modules.
  12. FY2023-Q2Higher margins in displays alongside lower sales in priority areasAnnual report

    「Since the current fiscal year, we have been focusing on sales of high-margin products and working to improve margins as part of the restructuring area. Due to the loss of the LCD module business following the shift to direct dealings, sales were ¥2,782 million, down 59.3% year on year.」

    The display segment continued to shift toward high-margin products and improve margins, but sales declined substantially due to the loss of LCD module business following the shift to direct dealings.
  13. FY2023-Q1RestatedAnnual report

    「Since the current fiscal year, we have been focusing on sales of high-margin products and working to improve margins as part of the restructuring area. Due to the loss of the LCD module business following the shift to direct dealings, sales were ¥1,623 million, down 60.9% year on year.」

    The policy of treating the display segment as a restructuring area and pursuing a shift to high-margin products and margin improvement remains in place. However, sales declined due to the loss of the LCD module business following the shift to direct dealings.
  14. FY2022ReframedAnnual report

    「By the end of the fiscal year, the automotive equipment and monitor businesses, which had accounted for most sales in this segment, were expected to decline substantially as transactions shifted to direct dealings between manufacturers. However, as in the semiconductor products segment, we will seek to shift to high-margin businesses by leveraging the relationships of trust and expertise cultivated over many years with customers and other manufacturers. Accordingly, the segment will be changed from a core area to a restructuring area.」

    Within the former priority areas centered on LCDs, the display business was changed from a core area to a restructuring area following the shift to direct dealings in the main distribution channels, making it a target for conversion to a high-margin business.
  15. FY2022-Q3AdvancedAnnual report

    「(System products segment) Although production delays caused by parts shortages were observed in some areas, sales were ¥5,189 million, up 21.7% year on year, due to steady sales of foreign-matter detection equipment and strong performance in EMS.」

    In the system products segment, which includes the former electronic equipment business, foreign-matter detection equipment and EMS performed steadily, lifting sales 21.7% year on year.
  16. FY2022-Q2AdvancedAnnual report

    「During the cumulative second quarter, sales in the semiconductor products, system products, and battery and power equipment segments remained strong. However, volume sales of general-purpose products in the display segment declined substantially due to factors including changes in distribution channels, resulting in net sales of ¥22,232 million, down 6.5% year on year.」

    Operations based on the five-category product strategy progressed, and sales of semiconductor products, system products, and battery and power equipment remained strong. In contrast, the general-purpose display products business declined substantially due to changes in distribution channels and other factors.
  17. FY2022-Q1ReframedAnnual report

    「This is positioned as an important focus area for assessing the success or failure of the "earnings structure reform."」

    The previous classification centered on LCDs and electronic equipment was reorganized into a new product strategy including displays, system products, and battery and power equipment, with system products positioned as an important focus area for the reform.
  18. FY2021The coexistence of delays in high-margin businesses and growth in volume businessesAnnual report

    「This was because relatively high-margin businesses were delayed as a result of the COVID-19 pandemic, while volume businesses increased, causing the cost-of-sales ratio to rise.」

    The policy of focusing on high-margin businesses remains in place, but during the fiscal year, delays in high-margin businesses coincided with growth in volume businesses, causing the cost-of-sales ratio to rise to 94.3%.
  19. FY2021-Q3AdvancedAnnual report

    「By product, sales in the LCD segment were ¥16,529 million, up 32.9% year on year, due to the recovery in demand for LCD modules for automotive equipment, special demand for the OLED business, and higher demand resulting from the earlier-than-scheduled delivery of LCD modules for educational equipment.」

    Within the priority areas, including LCDs and electronic equipment, sales in the LCD segment rose 32.9% year on year, driven by the recovery in automotive demand, OLED products and higher demand for LCD modules for educational equipment.
  20. FY2021-Q2AdvancedAnnual report

    「By product, sales in the LCD segment were ¥11,335 million, up 29.5% year on year. This was despite lower demand for LCD modules for automotive equipment, as concentrated demand from the mass production launch of a new OLED business, the earlier-than-scheduled delivery of LCD modules for educational equipment, and higher demand for touch panels for medical equipment more than offset the decline.」

    Despite lower demand from the automotive sector, new OLED products, LCD modules for educational equipment and touch panels for medical equipment drove the LCD segment, lifting sales 29.5% year on year.
  21. FY2021-Q1Higher gross profit margin despite lower salesAnnual report

    「Although the gross profit margin improved as a result of advancing the "earnings structure reform," operating results for the cumulative first quarter were generally challenging compared with the strong performance in the same quarter of the previous year. As a result, net sales were ¥9,430 million, as sales of foreign-matter detection equipment remained at the previous year's level, while sales of memory for automotive and office equipment and LCD modules declined significantly, down 19.2% year on year.」

    The gross profit margin improved through the earnings structure reform, but net sales declined 19.2% year on year due to lower sales of memory for automotive and office equipment and LCD modules.
  22. FY2020Coexistence of higher profitability and contraction of core high-margin businessesAnnual report

    「Cost of sales for the current consolidated fiscal year decreased by 4.0%, or ¥1.753 billion, from the previous consolidated fiscal year, and the cost-of-sales ratio decreased by 0.1 percentage points to 94.1%. Although factors such as inventory processing related to revisions to production plans by certain major customers pushed up the cost-of-sales ratio, the ratio declined because the company focused on relatively higher-margin businesses.」

    The company identifies its focus on higher-margin businesses as a factor behind the lower cost-of-sales ratio, while operating profit declined due to the contraction of the high-margin industrial equipment business and inventory processing.
  23. FY2020-Q3RestatedAnnual report

    「Amid difficult conditions, including falling memory selling prices and declining demand for existing businesses compared with the same quarter of the previous year, the company focused on acquiring new semiconductor business for communications equipment and selling high-value-added products such as EMS services and lithium-ion batteries.」

    The company continues to focus on high-value-added products, including semiconductors. New semiconductors for communications equipment, EMS, and lithium-ion batteries are identified as specific areas of focus for the quarter.
  24. FY2020-Q2RestatedAnnual report

    「The company is focusing on expanding sales of high-margin semiconductor and LCD products and developing new businesses in the electronic equipment and other fields, mainly batteries and related equipment.」

    The company continues to focus on expanding sales of high-margin semiconductor and LCD products and developing new businesses centered on batteries and related products.
  25. FY2020-Q1RaisedAnnual report

    「We accelerated efforts to expand sales of high-margin products in the semiconductor and LCD fields and to develop new businesses in the electronics equipment and other fields, mainly batteries and related equipment.」

    The company has specified the semiconductor and LCD fields for expanding sales of high-margin products and is accelerating these efforts alongside the development of new businesses in the electronic equipment and other fields.
  26. FY2019RestatedAnnual report

    「The company continued to focus on acquiring additional high-margin businesses.」

    The company continues to focus on acquiring high-margin businesses, deepening existing businesses, and developing new businesses. Meanwhile, overall results declined due to the end of special demand in the previous fiscal year and the winding down of commissioned development projects.
  27. FY2019-Q3RestatedAnnual report

    「The company continued to focus on acquiring additional high-margin businesses.」

    The company continues to focus on acquiring high-margin businesses, but has not presented specific acquisition results or numerical targets.
  28. FY2019-Q2RestatedAnnual report

    「The Group has focused on identifying new business areas and pursuing sales activities for highly profitable businesses in an effort to offset the negative impact of the end of its highly profitable semiconductor inspection equipment business and contract development projects for industrial equipment, both of which made significant contributions to the previous year’s results.」

    The company continues its sales activities for high-margin businesses, but the completion of certain projects that contributed in the previous fiscal year is a negative factor.
  29. FY2019-Q1RestatedAnnual report

    「Against this backdrop, the Group focused on sales activities for highly profitable businesses while fulfilling its supply responsibilities to existing customers.」

    The company continued its sales activities for high-margin businesses. Meanwhile, the completion of commissioned development projects, delivery delays, and soaring prices were negative factors for results.
  30. FY2018-Q3AdvancedAnnual report

    「Against this backdrop, the Group continued to focus its sales activities on high-margin businesses. During the third quarter of the current consolidated cumulative period, although deliveries for the third quarter were brought forward to the second quarter for some businesses, the same approach was continued this quarter in response to the ongoing growth trend in the semiconductor and electronic equipment fields, sustaining strong results. The industrial equipment business also expanded and made a significant contribution to improved results. For the third quarter of the current consolidated cumulative period, revenue was ¥40.652 billion, up 25.4% year on year, and operating profit was ¥1.153 billion, up 315.5%.」

    While continuing to focus on high-margin businesses, the expansion of the industrial equipment business contributed to results, and revenue and operating profit increased year on year.
  31. FY2018-Q2AdvancedAnnual report

    「During the second quarter of the current consolidated cumulative period, the expansion of the industrial equipment business, alongside the growth trend in the semiconductor and electronic equipment fields, made a significant contribution to improved results.」

    While continuing to focus on high-margin businesses, the expansion of the industrial equipment business contributed to results. Revenue increased 25.0% year on year, and operating profit improved from an operating loss in the previous year to ¥839 million.
  32. FY2018-Q1AdvancedAnnual report

    「Against this backdrop, the Group's semiconductor and electronic equipment businesses were on an expansionary trend. As a result of continued focus on sales activities for high-margin businesses and increased sales of products for industrial equipment, revenue and operating profit increased year on year. For the first quarter of the current consolidated cumulative period, revenue was ¥11.467 billion, up 10.2% year on year, and operating profit was ¥309 million, up 633.7%.」

    Continued focus on high-margin businesses and increased sales of products for industrial equipment resulted in year-on-year revenue and profit growth, with operating profit improving to ¥309 million.
  33. FY2017AdvancedAnnual report

    「The Group continued to focus its sales activities on high-margin businesses. Increased sales to industrial equipment customers offset, in terms of profit, sluggish markets in the LCD, semiconductor, and electronic equipment fields and translation losses caused by currency fluctuations, making a significant contribution to the Group's results.」

    In addition to focusing on high-margin businesses, increased sales to industrial equipment customers offset weakness in other fields and the impact of foreign exchange, making a concrete contribution to profits.
  34. FY2017-Q3RestatedAnnual report

    「Against this backdrop, the Group continued to focus on sales activities for highly profitable businesses centered on industrial LCDs and electronic equipment. However, due to exchange-rate fluctuations and other factors, both sales and earnings fell below the previous year.」

    The company continues its sales activities for high-margin businesses centered on industrial LCDs and electronic equipment, but no new specific initiatives or results have been presented.
  35. FY2017-Q2RestatedAnnual report

    「Against this backdrop, the Group focused on sales activities for highly profitable businesses centered on industrial LCDs and electronic equipment. However, due to production adjustments by automakers and rapid exchange-rate fluctuations, both sales and earnings fell well below the previous year.」

    The company continues its sales activities for high-margin businesses centered on industrial LCDs and electronic equipment, but no new specific initiatives or results have been presented.
  36. FY2017-Q1RestatedAnnual report

    「The company focused its sales activities on high-margin businesses centered on industrial LCDs and electronic equipment, as it did in the previous year.」

    The company reiterates its focus on high-margin businesses centered on industrial LCDs and electronic equipment, but does not present any new specific initiatives or results.
  37. FY2016First statedAnnual report

    「As in the previous year, the company focused its sales activities on a business centered on industrial LCDs and electronic equipment, and sales increased in the LCD, semiconductor, and electronic equipment fields.」

    These are identified as priority areas for sales activities during the year.
Moved together

"Foreign Exchange Risk from Foreign-Currency Transactions" moved the same way as this thread, in the same document, in 13 of its 41 moves.

1311111099★123456
  1. ★This thread
  2. 1Foreign Exchange Risk from Foreign-Currency Transactions13×
  3. 2Identifying New Products and Competitive New Suppliers11×
  4. 3Failure to meet the profit plan due to lower profit margins11×
  5. 4Sales growth in battery-related fields10×
  6. 5Dividend policy of returning profits while securing necessary retained earnings9×
  7. 6Sustaining a highly profitable business model, increasing EPS, and increasing gross profit per employee9×

★ 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
Shinden Hightex's next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the Results of 2026-11-10: "Advanced".
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