Poor performance at overseas locations and deteriorating earnings
First written in FY2016. 15 of 38 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-08-10.
Shinden Hightex moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2024: 6 of 22 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- 2026-08-10MitigatedResults
「セグメント利益は65百万円（前年同四半期は７百万円のセグメント損失）となり、黒字転換しました。」
海外拠点の収益悪化について、当四半期はセグメント損益が黒字に転換した。 - FY2026Losses remained flat despite lower revenueAnnual report
「During the fiscal year, revenue was ¥1,735 million, down 33.9% year on year, due to sluggish business with China, and the segment recorded a loss of ¥33 million, unchanged from the segment loss of ¥33 million in the previous year.」
Revenue in the overseas business fell substantially due to weakness in the business serving China, while the segment loss was unchanged from the previous year. The reduction in losses seen in the previous interim period was not maintained for the full year. - 2026-05-13WorsenedResults
「中国向けビジネスの低迷により、売上高は17億35百万円（前年同期比33.9％減）となり、セグメント損失は33百万円（前年同期は33百万円のセグメント損失）となりしました。」
海外事業は中国向けビジネスの低迷により大幅減収となり、損失も継続している。 - FY2026-H1Lower losses despite declining revenueAnnual report
「During the interim consolidated accounting period, revenue declined to ¥863 million, down 34.9% year on year, due to weakness in the business serving China. However, the segment loss improved to ¥17 million, compared with a segment loss of ¥50 million in the same period of the previous year, as operating efficiency was improved with a view to future business.」
The overseas business continued to report lower revenue due to weakness in the business serving China, while the segment loss narrowed from ¥50.254 million to ¥17.099 million through improved operating efficiency. - FY2025WorsenedAnnual report
「During the fiscal year, revenue was ¥2,623 million, down 20.0% year on year, and the segment recorded a loss of ¥33 million, compared with a segment loss of ¥4 million in the previous year, due to stagnation in the Chinese market.」
Weakness in the overseas business was reflected in the full-year results as a 20.0% decline in revenue due to stagnation in the Chinese market and an increase in the segment loss. - FY2025-H1WorsenedAnnual report
「During the six-month consolidated accounting period, revenue was ¥1,326 million, down 12.1% year on year, and the segment recorded a loss of ¥50 million, compared with a segment loss of ¥6 million in the same period of the previous year, due to stagnation in the Chinese market.」
Weakness in the overseas business was reflected in the results as lower revenue due to stagnation in the Chinese market and an increase in the segment loss. - FY2024WorsenedAnnual report
「During the fiscal year, revenue was ¥3,279 million, down 8.5% year on year, and the segment recorded a loss of ¥4 million, compared with segment profit of ¥48 million in the previous year, due to lower demand caused by global inflation and stagnation in the Chinese market.」
Weakness in the overseas business was reflected in the full-year results as lower revenue and a shift from segment profit to loss. - FY2024-Q3WorsenedAnnual report
「During the nine-month period ended in the third quarter, revenue was ¥2,450 million, down 10.7% year on year, and segment profit was ¥6 million, down 81.9% year on year, due to lower demand caused by global inflation and stagnation in the Chinese market.」
Deterioration in profitability at overseas locations was reflected in the results as lower revenue and a substantial decline in profit due to global inflation and stagnation in the Chinese market. - FY2024-Q2WorsenedAnnual report
「During the six-month period ended in the second quarter, revenue was ¥1,508 million, down 6.0% year on year, and the segment recorded a loss of ¥6 million, compared with segment profit of ¥16 million in the same period of the previous year, due to lower demand caused by global inflation and stagnation in the Chinese market.」
Deterioration in profitability in the overseas business was again reflected in the results as lower revenue and a shift from profit in the same period of the previous year to loss. - FY2024-Q1Higher revenue and lower profitAnnual report
「During the three-month period ended in the first quarter, revenue was ¥778 million, up 3.9% year on year, reflecting the rebound from the previous year’s China lockdowns. Segment profit was ¥5 million, down 29.0% year on year, due to the higher cost ratio.」
Revenue at overseas locations recovered, but profitability deteriorated due to a higher cost ratio. - FY2023AdvancedAnnual report
「Overseas, despite the impact of China’s lockdown measures and production adjustments by overseas customers in the first half of the fiscal year, the Company focused on capturing demand, mainly for semiconductor products. As a result, revenue was ¥3,583 million, up 21.5% year on year, and segment profit was ¥48 million, up 112.6%.」
Despite the impact of lockdowns in China and other factors, demand for semiconductor products was captured, and full-year revenue and segment profit in the overseas business exceeded the previous year's levels. - FY2023-Q3AdvancedAnnual report
「During the nine-month period ended in the third quarter, despite the impact of China’s lockdown measures and production adjustments by overseas customers in the first half of the fiscal year, the Company focused on capturing demand, mainly for semiconductor products. As a result, revenue was ¥2,743 million, up 34.3% year on year, and segment profit was ¥36 million, up 73.1%.」
Against the deterioration in profitability in the overseas business, revenue and segment profit exceeded the previous year's levels by capturing demand centered on semiconductor products. - FY2023-Q2AdvancedAnnual report
「Despite the impact of lockdowns in China and production adjustments by overseas customers, demand was captured, particularly for semiconductor products, resulting in revenue of ¥1,604 million, up 28.6% year on year, and segment profit of ¥16 million, up 99.5% year on year.」
The overseas business increased revenue and segment profit year on year by capturing demand for semiconductor products, with recovery from the deterioration in profitability progressing. - FY2023-Q1AdvancedAnnual report
「During the cumulative first quarter, despite the impact of China's lockdowns and production adjustments by overseas customers, we were able to capture strong demand for semiconductor products. Sales increased to ¥749 million, up 47.8% year on year, and segment profit was ¥8 million, compared with a segment loss of ¥0 million in the same quarter of the previous year.」
Deterioration in profitability in the overseas business improved as demand for semiconductor products serving China was captured, resulting in higher revenue and a shift from segment loss to profit. - FY2022MitigatedAnnual report
「During the fiscal year, sales increased to ¥2,949 million, up 32.0% year on year, mainly due to the recovery of the semiconductor products business for China. Segment profit was ¥22 million, compared with a segment loss of ¥37 million in the previous year.」
Deterioration in profitability at overseas locations improved as the business serving China for semiconductor products recovered, resulting in higher revenue and a shift from segment loss to profit. - FY2022-Q3MitigatedAnnual report
「During the cumulative third quarter, sales increased to ¥2,043 million, up 27.1% year on year, mainly due to the recovery of the business for China. Segment profit was ¥21 million, compared with a segment loss of ¥27 million in the same quarter of the previous year.」
Deterioration in profitability at overseas locations improved from a state of lower revenue and losses as the business serving China recovered, with progress in the recovery reflected in higher revenue and segment profit of ¥21 million. - FY2022-Q2MitigatedAnnual report
「During the cumulative second quarter, sales increased to ¥1,247 million, up 25.4% year on year, due to the recovery of the business for China. The segment posted profit of ¥8 million, compared with a segment loss of ¥24 million in the same quarter of the previous year.」
Deterioration in profitability at overseas locations improved from a state of lower revenue and losses as the business serving China recovered, resulting in segment profit. - FY2022-Q1MitigatedAnnual report
「During the cumulative first quarter, the overseas business was in the process of recovering. Sales were ¥507 million, down 7.4% year on year, while the segment loss narrowed to ¥0 million from a segment loss of ¥14 million in the same quarter of the previous year.」
Although revenue in the overseas business continued to decline, the segment loss narrowed from ¥14 million in the same period of the previous year to ¥0 million, easing the deterioration in profitability. - FY2021WorsenedAnnual report
「Revenue in the overseas business fell to ¥2,234 million, down 39.4% year on year, due to the lingering impact of stagnant production by office equipment manufacturers, the segment's major customers, and delays in the battery business. The segment loss was ¥37 million, compared with a segment loss of ¥11 million in the previous year.」
Deterioration in profitability at overseas locations continued for the full year, with revenue down 39.4% and the segment loss widening from ¥11 million to ¥37 million. - FY2021-Q3WorsenedAnnual report
「During the cumulative third quarter, sales declined to ¥1,607 million, down 45.5% year on year, as the impact of production slowdowns at major customers remained. The segment's major customers are manufacturers of automotive and office automation equipment. The segment posted a loss of ¥27 million, compared with a segment loss of ¥2 million in the same quarter of the previous year.」
Weakness in the overseas business continues, reflected in lower revenue due to stagnant production at major customers and an increase in the segment loss. - FY2021-Q2WorsenedAnnual report
「During the cumulative second quarter, sales declined to ¥994 million, down 55.8% year on year, as the impact of production slowdowns at major customers remained. The segment's major customers are manufacturers of automotive and office automation equipment. The segment posted a loss of ¥24 million, compared with segment profit of ¥17 million in the same quarter of the previous year.」
Weakness in the overseas business continued, reflected in a 55.8% decline in revenue due to stagnant production at major customers and a shift from profit of ¥17 million in the same period of the previous year to a loss of ¥24 million. - FY2021-Q1WorsenedAnnual report
「(Overseas) During the cumulative first quarter, sales declined to ¥547 million, down 57.6% year on year, due to the slowdown in customers' production resulting from strong infection-control measures, including lockdowns. The segment posted a loss of ¥14 million, compared with segment profit of ¥14 million in the same quarter of the previous year.」
Weakness in the overseas business was reflected in the results as a substantial decline in revenue caused by stagnant customer production activity and a shift from profit to loss. - FY2020WorsenedAnnual report
「During the fiscal year, volume business involving semiconductor-related products such as memory and memory modules, particularly for China, contracted, resulting in sales of ¥3,689 million, down 38.6% year on year. The segment posted a loss of ¥11 million, compared with segment profit of ¥58 million in the previous year.」
The deterioration in profitability at overseas locations was reflected in the full-year results, with revenue down 38.6% and segment results shifting from a profit of ¥58 million to a loss of ¥11 million. - FY2020-Q3WorsenedAnnual report
「(Overseas) During the cumulative third quarter, sales declined to ¥2,952 million, down 35.9% year on year, mainly due to lower memory selling prices and weak demand for semiconductor-related products compared with the same quarter of the previous year. The segment posted a loss of ¥2 million, compared with segment profit of ¥54 million in the same period of the previous year.」
Overseas locations reported lower revenue due to falling prices and sluggish demand for semiconductor-related products, and segment results shifted from profit to loss. - FY2020-Q2WorsenedAnnual report
「(Overseas) During the cumulative second quarter, revenue declined to ¥2,251 million, down 27.9% year on year, due to the downward trend in memory prices and sluggish demand for semiconductor-related products such as memory and memory modules. Segment profit was ¥17 million, down 53.1% year on year.」
The overseas business reported lower revenue and profit due to falling memory prices and sluggish demand for semiconductor-related products, with both revenue and segment profit below the previous year's levels. - FY2020-Q1Maintaining profit despite lower revenueAnnual report
「(Overseas) During the cumulative first quarter, revenue declined to ¥1,290 million, down 11.3% year on year, due to falling memory prices and lower demand for semiconductor-related products such as memory and memory modules. However, segment profit was ¥14 million, up 2.7% year on year, due to deliveries of equipment delayed from the previous fiscal year and reductions in selling, general and administrative expenses.」
The overseas business reported lower revenue due to falling memory prices and lower demand for semiconductor-related products, but segment profit exceeded the previous year's level due to delayed deliveries and reductions in selling, general and administrative expenses. - FY2019MitigatedAnnual report
「(Overseas) During the fiscal year, buoyed by favorable semiconductor market conditions, strong demand for automotive and office equipment and higher demand for semiconductor-related products such as memory and memory modules lifted sales to ¥6,008 million, up 17.8% year on year. Segment profit was ¥58 million, up 45.1% year on year.」
The overseas business generated higher revenue and profit due to increased demand for semiconductor-related products, improving from the deterioration in profitability at overseas locations seen in prior fiscal years. - FY2019-Q3MitigatedAnnual report
「(Overseas) During the cumulative third quarter, sales increased to ¥4,602 million, up 41.6% year on year, due to higher demand for semiconductor-related products such as memory and memory modules. Segment profit was ¥54 million, up 11.4% year on year.」
The overseas business generated higher revenue and profit due to increased demand for semiconductor-related products, confirming continued improvement in profitability following the previous quarter. - FY2019-Q2MitigatedAnnual report
「(Overseas) During the cumulative second quarter, sales increased to ¥3,123 million, up 64.8% year on year, due to higher demand for semiconductor-related products such as memory and memory modules. Segment profit was ¥36 million, up 11.4% year on year.」
The overseas business generated higher revenue and profit due to increased demand for semiconductor-related products, improving from the deterioration in profitability through the previous quarter. - FY2019-Q1WorsenedAnnual report
「(Overseas) During the cumulative first quarter, revenue rose to ¥1,453 million, up 61.1% year on year, due to increased demand for semiconductors such as memory and memory modules. However, higher cost ratios attributable to soaring prices and increased demand for low-margin products compressed gross profit, resulting in segment profit of ¥14 million, down 63.0% year on year.」
The overseas business generated higher revenue due to increased demand for semiconductor-related products, but profitability deteriorated as profit fell 63.0% year on year due to higher cost ratios and increased demand for low-margin products. - FY2018-Q3MitigatedAnnual report
「(Overseas) During the cumulative third quarter, revenue rose to ¥3,249 million, up 100.4% year on year, due to growth in the semiconductor and equipment businesses, while segment profit rose to ¥49 million, up 203.6% year on year.」
The overseas business continued to improve from its previous weakness, with revenue and segment profit both substantially exceeding the previous year's results due to growth in the semiconductor and equipment businesses. - FY2018-Q2MitigatedAnnual report
「(Overseas) During the cumulative second quarter, revenue rose to ¥1,894 million, up 70.7% year on year, due to growth in the semiconductor and equipment businesses, while segment profit rose to ¥32 million, up 252.7% year on year.」
The overseas business made substantial gains in both revenue and segment profit year on year due to growth in the semiconductor and equipment businesses, with further improvement. - FY2018-Q1MitigatedAnnual report
「(Overseas) During the cumulative first quarter, revenue rose to ¥902 million, up 45.0% year on year, due to growth in the semiconductor business, while segment profit rose to ¥37 million, up 54.2% year on year.」
Both revenue and segment profit in the overseas segment exceeded the previous year's results due to growth in the semiconductor business, confirming continued improvement in profitability following the previous fiscal year. - FY2017MitigatedAnnual report
「Business remained weak at each location, and the segment recorded a loss of ¥8 million, compared with a segment loss of ¥20 million in the same period of the previous year.」
Overseas revenue fell 38.3%, but the segment loss narrowed from ¥20 million to ¥8 million. Although weakness in the overseas business continued, results improved in terms of losses. - FY2017-Q3MitigatedAnnual report
「During the cumulative third quarter, revenue declined due to lower sales in the semiconductor field, resulting in revenue of ¥1,621 million, down 39.3% year on year. However, segment profit was ¥16 million, up 148.1% year on year, as the semiconductor inspection equipment business conducted through the Korean subsidiary expanded.」
Revenue in the overseas segment fell 39.3% year on year, while segment profit increased 148.1% year on year due to expansion of the semiconductor inspection equipment business through the Korean subsidiary, indicating an improvement in profitability. - FY2017-Q2WorsenedAnnual report
「(Overseas) During the cumulative second quarter, revenue declined due to lower sales in the semiconductor field, resulting in revenue of ¥1,109 million, down 43.8% year on year. Profitability also deteriorated due to weak business at each location, and segment profit was ¥9 million, down 36.2% year on year.」
Although the overseas segment remained profitable, revenue fell 43.8% and segment profit fell 36.2%, indicating renewed deterioration year on year following the improvement trend described in the previous quarterly report. - FY2017-Q1MitigatedAnnual report
「(Overseas) During the cumulative first quarter, revenue declined due to lower sales in the semiconductor field, resulting in revenue of ¥622 million, down 45.6% year on year. Segment profit was ¥24 million, up 49.3% year on year, due to increased orders in other fields.」
Revenue in the overseas segment declined, while segment profit increased 49.3% year on year due to higher orders in other fields. The results indicate an improvement from the segment loss recorded for the full previous fiscal year. - FY2016First statedAnnual report
「Profitability deteriorated due to weak business at each location, and the segment recorded a loss of ¥20 million, compared with segment profit of ¥59 million in the same period of the previous year.」
The overseas segment deteriorated from profit to loss on an actual-results basis.