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Systems Design (3766) · RiskReframed

Higher costs squeezed profits in the Assembly Business

First written in FY2017-Q1. 3 of 8 entries say "Restated". Latest entry: FY2018.

8entries
3years
0from disclosures
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ProgressHeldSoftenedWorseMaterialisedFY2017-Q1 – FY2017-Q2RestatedFY2017-Q3ReframedFY2018-Q1RestatedFY2018-Q2 – FY2018-Q32016: 220162017: 420172018: 22018
Same theme, other companies
Profit pressure from higher costs in the assembly businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2018ReframedAnnual report

    「From the current consolidated fiscal year, the reporting segments have changed from the former Information Processing Services, Systems Development and Assembly businesses to the Systems Development and Outsourcing businesses.」

    Higher costs and the resulting profit squeeze in the Assembly Business are no longer disclosed separately and have been consolidated into the Outsourcing Business together with the Information Processing Services business.
  2. FY2018-Q3RestatedAnnual report

    「This change consolidates the Information Processing Services and Assembly segments into the Outsourcing segment to promote closer integration and strengthen competitiveness through mutual collaboration beyond the framework of the businesses to date.」

    The Assembly Business is no longer disclosed separately, and the policy of consolidating it into the Outsourcing Business together with the Information Processing Services business remains in place.
  3. FY2018-Q2RestatedAnnual report

    「This change consolidates the Information Processing Services and Assembly segments into the Outsourcing segment to promote closer integration and strengthen competitiveness through mutual collaboration beyond the framework of the businesses to date.」

    The Assembly Business is no longer disclosed separately, and the policy of consolidating it into the Outsourcing Business together with the Information Processing Services business remains in place.
  4. FY2018-Q1ReframedAnnual report

    「This change consolidates the Information Processing Services and Assembly segments into the Outsourcing segment to promote closer integration and strengthen competitiveness through mutual collaboration beyond the framework of the businesses to date.」

    The profit squeeze in the Assembly Business is no longer disclosed as a standalone segment and has been consolidated into the Outsourcing Business together with the Information Processing Services business.
  5. FY2017WorsenedAnnual report

    「In the Assembly Business, orders from major customers progressed smoothly, but higher costs squeezed profits. As a result, revenue for the consolidated fiscal year was ¥540.311 million, up 1.0% year on year, and the operating loss was ¥14.407 million, compared with operating income of ¥44.325 million in the previous fiscal year.」

    Although orders from major customers were solid, higher costs squeezed profits throughout the year, and operating results turned from income in the previous year to a loss.
  6. FY2017-Q3RestatedAnnual report

    「In the Assembly Business, orders from major customers declined, and higher costs squeezed profits. As a result, revenue for the nine months ended the third quarter was ¥390.317 million, down 1.8% year on year, and the operating loss was ¥14.093 million, compared with operating income of ¥31.912 million in the same period of the previous year.」

    The decline in orders from major customers and the squeeze on profits from higher costs continued to be reported. Although the operating loss continued, no further deterioration from the cumulative second-quarter results can be confirmed.
  7. FY2017-Q2WorsenedAnnual report

    「In the Assembly Business, orders from major customers declined, and higher costs squeezed profits. As a result, revenue for the six months ended the second quarter was ¥207.647 million, down 6.1% year on year, and the operating loss was ¥26.536 million, compared with operating income of ¥11.370 million in the same period of the previous year.」

    In addition to the loss caused by higher costs in the first quarter, the latest disclosure also cites a decline in orders from major customers, with operating results turning from income in the same period of the previous year to a loss.
  8. FY2017-Q1MaterialisedAnnual report

    「In the Assembly Business, orders from major customers progressed smoothly, but higher costs squeezed profits. As a result, first-quarter revenue was ¥108.965 million, up 4.9% year on year, and the operating loss was ¥13.666 million, compared with operating income of ¥1.993 million in the same period of the previous year.」

    Although orders were solid, higher costs actually squeezed profits, and operating results turned from income in the same period of the previous year to a loss.
Moved together

"Losses from an order shortfall in the information processing services business and acquisition-related expenses" moved the same way as this thread, in the same document, in 3 of its 8 moves.

3222★1234
  1. ★This thread
  2. 1Losses from an order shortfall in the information processing services business and acquisition-related expenses3×
  3. 2Systems development business grows through expanding orders and contributions from subsidiaries2×
  4. 3Strengthen the management foundation to achieve stable growth2×
  5. 4Securing profitability in the assembly business through collaboration with other businesses2×

★ 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.

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