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Nippon Carbide Industries Company (4064) · FactSignificant profit improvement despite declining revenueLatest Results (2026-08-07): "Worsened"

Deteriorating profitability of electronic and optical products amid declining revenue

First written in FY2016. 14 of 38 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-08-07.

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11years
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ProgressHeldSoftenedWorseWorsenedFY2019-Q3 – FY2020-Q32016: 320162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Declining Revenue and Worsening Profitability in the Electronic and Optical Products BusinessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. 2026-08-07WorsenedResults

    「以上により、当セグメントの売上高は前年同期比133百万円(3.2%)減の4,040百万円、セグメント利益は前年同期比56百万円(14.2%)減の339百万円となりました。」

    電子・機能製品は前年同期比で減収減益となった。機能化学品、機能樹脂、電子素材の各事業で減益となっている。
  2. FY2026Significant profit improvement despite declining revenueAnnual report

    「Accordingly, the segment posted revenue of ¥16,837 million, down ¥577 million, or 3.3%, from the previous consolidated fiscal year, while segment profit was ¥1,479 million, up ¥543 million, or 58.0%.」

    While Electronics and Functional Products posted lower revenue for the full year, segment profit rose 58.0%. Functional Chemicals and Electronic Materials posted higher revenue and profit, while Functional Resins posted lower revenue and profit.
  3. FY2026-H1Significant profit improvement despite declining revenueAnnual report

    「Accordingly, the segment posted revenue of ¥8,261 million, down ¥360 million, or 4.2%, from the same period of the previous year, while segment profit was ¥722 million, up ¥333 million, or 85.9%.」

    While Electronics and Functional Products posted lower revenue, segment profit rose 85.9%. Functional Chemicals and Electronic Materials posted higher revenue and profit, while Functional Resins posted lower revenue and profit.
  4. FY2025AdvancedAnnual report

    「Accordingly, the segment posted revenue of ¥17,414 million, up ¥868 million, or 5.3%, from the previous consolidated fiscal year, while segment profit was ¥936 million, up ¥292 million, or 45.5%.」

    Electronics and Functional Products turned from lower revenue and profit in the previous fiscal year to higher revenue and profit, with revenue up 5.3% and segment profit up 45.5%.
  5. FY2025-H1AdvancedAnnual report

    「Accordingly, the segment posted revenue of ¥8,621 million, up ¥298 million, or 3.6%, from the same period of the previous year, while segment profit was ¥388 million, up ¥3 million, or 1.0%.」

    Electronics and Functional Products turned from lower revenue and profit for the full previous fiscal year to revenue growth of 3.6% and profit growth of 1.0% for the first half.
  6. FY2024WorsenedAnnual report

    「Accordingly, the segment posted revenue of ¥16,545 million, down ¥1,582 million, or 8.7%, from the previous consolidated fiscal year, while segment profit was ¥643 million, down ¥815 million, or 55.9%.」

    Electronics and Functional Products posted an 8.7% decline in revenue and a 55.9% decline in segment profit due to lower shipments to the semiconductor and electronic component markets, with profitability deteriorating further.
  7. FY2024-Q3Continued Revenue and Profit Declines, with a Narrower DeclineAnnual report

    「Accordingly, the segment posted revenue of ¥12,576 million, down ¥1,605 million, or 11.3%, from the same quarter of the previous year, while segment profit was ¥517 million, down ¥813 million, or 61.1%.」

    Electronics and Functional Products continued to post lower revenue and profit, but the revenue decline narrowed from 15.5% to 11.3% year on year, while the profit decline narrowed from 65.2% to 61.1%, indicating a slight reduction in the deterioration from the previous year.
  8. FY2024-Q2WorsenedAnnual report

    「Accordingly, the segment posted revenue of ¥8,323 million, down ¥1,526 million, or 15.5%, from the same quarter of the previous year, while segment profit was ¥384 million, down ¥720 million, or 65.2%.」

    Electronics and Functional Products posted lower revenue and profit, with revenue down 15.5% and segment profit down 65.2%. The report cites lower shipments of products for semiconductors and electronic components.
  9. FY2024-Q1WorsenedAnnual report

    「Electronic Materials posted lower revenue and profit year on year as shipments of high-value-added products for electronic components used in personal computers, servers and telecommunications equipment declined, while shipments of general-purpose ceramic substrates also fell due to delayed recovery in demand in the electronics market.」

    The Electronics and Functional Products segment posted revenue of ¥4,275 million and segment profit of ¥293 million, representing year-on-year declines of 17.6% and 61.0%, respectively. Lower shipments of high-value-added products for electronic components and general-purpose ceramic substrates continued to weigh on profitability.
  10. FY2023WorsenedAnnual report

    「Revenue was ¥44,008 million, a decrease of ¥2,995 million, or 6.4%, from the previous consolidated fiscal year. Operating profit declined ¥1,931 million, or 60.5%, to ¥1,261 million, mainly due to lower shipments of high-value-added products for electronic components. Ordinary profit declined ¥2,152 million, or 53.1%, to ¥1,902 million. Profit attributable to owners of the parent declined ¥1,597 million, or 82.8%, to ¥332 million, due mainly to the recognition of impairment losses and other factors.」

    Consolidated revenue declined 6.4% due mainly to lower shipments of Electronics and Functional Products, operating profit declined 60.5%, and profit attributable to owners of the parent declined 82.8%.
  11. FY2023-Q3WorsenedAnnual report

    「In the business environment surrounding the Group, shipments of Electronics and Functional Products remained weak due to sluggish demand for LCD panels, personal computers, servers and telecommunications equipment. ……Accordingly, the segment posted revenue of ¥14,182 million, a decrease of ¥976 million, or 6.4%, from the same quarter of the previous year, while segment profit declined ¥802 million, or 37.6%, to ¥1,331 million.」

    Electronics and Functional Products saw the declines in revenue and profit widen from 2.5% and 23.1%, respectively, in the previous quarter to 6.4% and 37.6%. The report cites weak demand for LCD panels, personal computers, servers and telecommunications equipment.
  12. FY2023-Q2WorsenedAnnual report

    「Accordingly, the segment posted revenue of ¥9,849 million, a decrease of ¥248 million, or 2.5%, from the same quarter of the previous year, while segment profit declined ¥332 million, or 23.1%, to ¥1,105 million.」

    Electronics and Functional Products posted a 2.5% decline in revenue and a 23.1% decline in profit. Functional Chemicals and Functional Resins posted lower revenue and profit, while Electronic Materials posted higher revenue and profit.
  13. FY2023-Q1Slight revenue growth, lower operating profit, higher ordinary profit and net profitAnnual report

    「Against this backdrop, the Group reported consolidated revenue of ¥11,562 million for the first quarter cumulative period, an increase of ¥42 million, or 0.4%, from the same quarter of the previous year. Operating profit declined ¥143 million, or 16.2%, to ¥742 million due mainly to the impact of surging raw material prices. Ordinary profit rose ¥208 million, or 22.7%, to ¥1,130 million, due mainly to the recognition of foreign exchange gains resulting from the yen's depreciation. Profit attributable to owners of the parent rose ¥129 million, or 17.3%, to ¥875 million.」

    While consolidated revenue was nearly flat, rising 0.4%, operating profit declined 16.2%. Ordinary profit rose 22.7% due mainly to foreign exchange gains resulting from the yen's depreciation, and profit attributable to owners of the parent rose 17.3%, showing divergent trends across the indicators.
  14. FY2022AdvancedAnnual report

    「Accordingly, the segment posted revenue of ¥20,473 million, an increase of ¥2,821 million, or 16.0%, from the previous consolidated fiscal year, while segment profit rose ¥919 million, or 47.4%, to ¥2,860 million.」

    For the full year, Electronics and Functional Products posted revenue growth of 16.0% and profit growth of 47.4%, as profitability improved against a backdrop of recovering demand related to semiconductors and electronic devices.
  15. FY2022-Q3AdvancedAnnual report

    「Accordingly, the segment posted revenue of ¥15,159 million, an increase of ¥2,085 million, or 15.9%, from the same quarter of the previous year, while segment profit rose ¥728 million, or 51.9%, to ¥2,133 million.」

    Electronics and Functional Products posted revenue growth of 15.9% and profit growth of 51.9%. Functional Chemicals and Electronic Materials posted higher revenue and profit, while Functional Resins posted higher revenue but lower profit due to higher raw material prices.
  16. FY2022-Q2AdvancedAnnual report

    「Accordingly, the segment posted revenue of ¥10,098 million, an increase of ¥1,519 million, or 17.7%, from the same quarter of the previous year, while segment profit rose ¥566 million, or 65.0%, to ¥1,438 million.」

    Electronics and Functional Products continued to post higher revenue and profit, with revenue up 17.7% and segment profit up 65.0%.
  17. FY2022-Q1AdvancedAnnual report

    「Accordingly, the segment posted revenue of ¥5,096 million, an increase of ¥735 million, or 16.9%, from the same quarter of the previous year, while segment profit rose ¥306 million, or 66.7%, to ¥765 million.」

    Electronics and Functional Products turned from lower revenue and profit in the same quarter of the previous year to higher revenue and profit, with revenue up 16.9% and segment profit up 66.7%.
  18. FY2021Higher Earnings Despite Lower RevenueAnnual report

    「Accordingly, the segment posted revenue of ¥17,652 million, a decrease of ¥782 million, or 4.2%, from the previous consolidated fiscal year, but segment profit rose ¥295 million, or 17.9%, to ¥1,941 million.」

    Electronics and Functional Products posted a 4.2% decline in revenue, while segment profit rose 17.9%, confirming profit growth despite lower revenue.
  19. FY2021-Q3Wider profit growth despite lower revenueAnnual report

    「Accordingly, the segment posted revenue of ¥13,074 million, a decrease of ¥559 million, or 4.1%, from the same quarter of the previous year, but segment profit rose ¥236 million, or 20.2%, to ¥1,405 million.」

    While Electronics and Functional Products continued to post lower revenue, segment profit rose 20.2% year on year, with the increase in profit widening from the 10.1% growth in FY2021-Q2. Higher revenue and profit in Functional Chemicals and Electronic Materials contributed to the result.
  20. FY2021-Q2Wider profit growth despite lower revenueAnnual report

    「Accordingly, the segment posted revenue of ¥8,579 million, a decrease of ¥408 million, or 4.5%, from the same quarter of the previous year, but segment profit rose ¥80 million, or 10.1%, to ¥872 million.」

    While Electronics and Functional Products continued to post lower revenue, segment profit rose 10.1% year on year, with the increase in profit widening from the 2.7% growth in FY2021-Q1. Higher revenue and profit in Functional Chemicals and Electronic Materials contributed to the result.
  21. FY2021-Q1Functional Chemicals and Electronic Materials posted higher revenue and profit despite lower revenue for the segment as a whole.Annual report

    「Functional Chemicals posted higher revenue and profit year on year, driven by strong performance in pharmaceutical-related products, including products for novel coronavirus test kits. Functional Resins posted lower revenue and profit year on year as demand for pressure-sensitive and other adhesives for automotive and textile applications remained weak. Electronic Materials posted higher revenue and profit year on year, as sales of semiconductor mold cleaning materials increased amid a recovery in semiconductor market conditions, while ceramic substrates for tablet devices also performed strongly. Accordingly, the segment posted revenue of ¥4,361 million, a decrease of ¥219 million, or 4.8%, from the same quarter of the previous year, but segment profit rose ¥12 million, or 2.7%, to ¥459 million.」

    While Electronics and Functional Products as a whole posted a 4.8% decline in revenue, Functional Chemicals and Electronic Materials posted higher revenue and profit, supported by demand for pharmaceutical-related products, semiconductors and tablet devices. Functional Resins posted lower revenue and profit due to weak demand from the automotive and textile industries.
  22. FY2020Lower Revenue; Higher ProfitAnnual report

    「Accordingly, the segment posted revenue of ¥18,434 million, a decrease of ¥596 million, or 3.1%, from the previous consolidated fiscal year, but segment profit rose ¥52 million, or 3.3%, to ¥1,646 million.」

    Electronics and Functional Products posted lower revenue, while segment profit rose 3.3%. Functional Chemicals posted lower revenue but higher profit, whereas Functional Resins and Electronic Materials posted lower revenue and profit.
  23. FY2020-Q3WorsenedAnnual report

    「Accordingly, the segment posted revenue of ¥13,633 million, a decrease of ¥1,114 million, or 7.6%, from the same quarter of the previous year, while segment profit declined ¥284 million, or 19.5%, to ¥1,169 million.」

    Electronics and Functional Products posted lower revenue and profit due to lower sales of products for agrochemicals, toner resins, semiconductor mold cleaning materials and automotive ceramic substrates.
  24. FY2020-Q2WorsenedAnnual report

    「Accordingly, the segment posted revenue of ¥8,987 million, a decrease of ¥754 million, or 7.7%, from the same quarter of the previous year, while segment profit declined ¥196 million, or 19.8%, to ¥792 million.」

    Electronics and Functional Products continued to see lower sales volumes, with revenue down 7.7% and segment profit down 19.8%.
  25. FY2020-Q1WorsenedAnnual report

    「Accordingly, the segment posted revenue of ¥4,580 million, a decrease of ¥284 million, or 5.8%, from the same quarter of the previous year, while segment profit declined ¥86 million, or 16.1%, to ¥447 million due to higher costs resulting from reduced production and other factors.」

    Electronics and Functional Products posted lower revenue, while segment profit declined 16.1% year on year, primarily due to higher costs resulting from reduced production and other factors.
  26. FY2019WorsenedAnnual report

    「Accordingly, the segment posted revenue of ¥19,030 million, a decrease of ¥612 million, or 3.1%, from the previous consolidated fiscal year, while segment profit declined ¥314 million, or 16.0%, to ¥1,645 million, partly due to the impact of higher raw material prices.」

    Electronics and Functional Products posted a 3.1% decline in revenue, while segment profit also fell 16.0% due mainly to higher raw material prices.
  27. FY2019-Q3WorsenedAnnual report

    「Accordingly, the segment posted revenue of ¥14,747 million, an increase of ¥138 million, or 0.9%, from the same quarter of the previous year, while segment profit declined ¥88 million, or 5.6%, to ¥1,473 million, due mainly to the impact of higher raw material prices.」

    Following the change in reporting segments, Electronics and Functional Products maintained revenue growth, while segment profit declined 5.6% year on year due mainly to higher raw material prices.
  28. FY2019-Q2AdvancedAnnual report

    「As a result, segment revenue was ¥9,741 million, up ¥197 million, or 2.1%, from the same quarter of the previous fiscal year, and segment income was ¥1,001 million, up ¥58 million, or 6.2%.」

    The renamed Electronic and Functional Products segment continued to report year-on-year revenue and profit growth, with revenue of ¥9,741 million and segment income of ¥1,001 million.
  29. FY2019-Q1AdvancedAnnual report

    「As a result, segment sales increased by ¥43 million, or 0.9%, year on year to ¥4,863 million, while segment profit increased by ¥125 million, or 30.2%, to ¥539 million, due to cost reductions resulting from higher production and other factors.」

    The renamed Electronic and Functional Products segment reported higher revenue year on year, while segment income rose 30.2%. The reorganized segment, which includes the former Electronic and Optical Products segment, shows continued improvement in profitability.
  30. FY2018AdvancedAnnual report

    「As a result, segment revenue was ¥12,615 million, up ¥1,455 million, or 13.0%, from the previous consolidated fiscal year, and segment income was ¥416 million, compared with a segment loss of ¥318 million in the previous consolidated fiscal year.」

    Electronic and optical products continued to post revenue growth, turning for the full fiscal year from a loss of ¥318 million in the previous fiscal year to income of ¥416 million.
  31. FY2018-Q3AdvancedAnnual report

    「As a result, segment revenue was ¥9,211 million, up ¥1,396 million, or 17.9%, from the same quarter of the previous fiscal year, and segment income was ¥363 million, compared with a loss of ¥283 million in the same period of the previous fiscal year.」

    Revenue from electronic and optical products rose 17.9% year on year, while segment results turned from a loss of ¥283 million in the same period of the previous fiscal year to income of ¥363 million. The segment remained profitable and revenue increased for the second consecutive quarter, with the trend confirmed in the nine-month cumulative results.
  32. FY2018-Q2AdvancedAnnual report

    「As a result, segment revenue was ¥5,875 million, up ¥744 million, or 14.5%, from the same quarter of the previous fiscal year, and segment income was ¥186 million, compared with a loss of ¥307 million in the same quarter of the previous fiscal year.」

    Revenue from electronic and optical products rose 14.5% year on year, while segment results improved from a loss of ¥307 million to income of ¥186 million. Following the return to profitability in the previous quarter, both revenue growth and the return to profitability progressed.
  33. FY2018-Q1Revenue growth and return to profitabilityAnnual report

    「As a result, segment revenue was ¥2,925 million, up ¥351 million, or 13.6%, from the same quarter of the previous fiscal year, and segment income was ¥78 million, compared with a loss of ¥144 million in the same quarter of the previous fiscal year.」

    Electronic and optical products turned from a segment loss of ¥144 million in the same quarter of the previous fiscal year to segment income of ¥78 million, while revenue also rose 13.6%.
  34. FY2017Lower sales continued, while losses narrowedAnnual report

    「As a result, segment revenue was ¥11,160 million, down ¥1,195 million, or 9.7%, from the previous consolidated fiscal year, and the segment loss was ¥318 million, compared with a segment loss of ¥622 million in the previous consolidated fiscal year.」

    Electronic and optical products continued to post declining revenue and losses, while the segment loss narrowed from ¥622 million to ¥318 million.
  35. FY2017-Q3Lower sales continued, while losses narrowedAnnual report

    「As a result, segment revenue was ¥7,815 million, down ¥1,802 million, or 18.7%, from the same quarter of the previous fiscal year, and the segment loss was ¥283 million, compared with a loss of ¥340 million in the same quarter of the previous fiscal year.」

    Electronic and optical products continued to post declining revenue and losses, while the segment loss narrowed from ¥340 million in the same period of the previous fiscal year to ¥283 million.
  36. FY2017-Q2WorsenedAnnual report

    「As a result, segment revenue was ¥5,131 million, down ¥1,347 million, or 20.8%, from the same quarter of the previous fiscal year, and the segment loss was ¥307 million, compared with a loss of ¥242 million in the same quarter of the previous fiscal year.」

    Revenue from electronic and optical products declined 20.8%, while the segment loss widened from ¥242 million in the same quarter of the previous fiscal year to ¥307 million.
  37. FY2017-Q1WorsenedAnnual report

    「For the first quarter of the current fiscal year, the group reported revenue of ¥11,917 million, down ¥1,507 million, or 11.2%, from the same quarter of the previous fiscal year, and operating income of ¥525 million, up ¥42 million, or 8.7%. However, partly due to the yen’s appreciation following the UK’s withdrawal from the EU, ordinary income fell ¥385 million, or 54.5%, to ¥321 million, and net income attributable to owners of the parent fell ¥364 million, or 68.2%, to ¥169 million.」

    Revenue declined, while ordinary income and net income attributable to owners of the parent fell sharply due to the yen’s appreciation. Meanwhile, electronic and optical products saw revenue decline 19.7%, with a segment loss of ¥144 million continuing.
  38. FY2016First statedAnnual report

    「The group’s results for the consolidated fiscal year were revenue of ¥50,494 million, down ¥6,565 million, or 11.5%, from the previous consolidated fiscal year; operating income of ¥2,235 million, down ¥28 million, or 1.2%; and ordinary income of ¥2,423 million, down ¥26 million, or 1.1%. Net income attributable to owners of the parent was ¥1,191 million.」

    Overall, revenue and operating income declined, while electronic and optical products generated revenue of ¥12,355 million and a segment loss of ¥622 million.
Moved together

"Higher revenue and profit, with net income attributable to owners of the parent turning profitable" moved the same way as this thread, in the same document, in 18 of its 38 moves.

181413777★123456
  1. ★This thread
  2. 1Higher revenue and profit, with net income attributable to owners of the parent turning profitable18×
  3. 2Film and sheet products: higher revenue and profit14×
  4. 3Turning to a loss due to additional construction costs as more large-scale projects were completed13×
  5. 4Construction of the new R&D center and expansion of manufacturing facilities7×
  6. 5Foreign-exchange fluctuations related to overseas operations7×
  7. 6Demand and price fluctuations due to economic conditions in markets related to core businesses7×

★ 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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Nippon Carbide Industries Company's next results are scheduled for 2026-11-09. Read the earnings preview It last moved in the Results of 2026-08-07: "Worsened".
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