SE Business Segment Turns Profitable
First written in FY2016. 10 of 34 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026-H1.
Sanix Holdings moved to the "Worse" side of this theme in 2025, 8 years after the typical company in this theme (2017).
The whole theme swung hardest in 2025: 2 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026-H1ReframedAnnual report
「From the current fiscal year, HS and SE were integrated as the HSE business to address diverse needs relating to the residential environment, and the business was repositioned and promoted as "maintenance and remodeling of detached houses." However, in consideration of worker health and safety during the extreme summer heat, operating rates and other factors were reviewed, resulting in revenue of ¥7,742 million for the residential environment business as a whole, down 1.5% year on year. Operating income declined slightly to ¥1,012 million, down 1.9% year on year, mainly because personnel reallocation associated with the corporate split increased personnel expenses.」
The standalone return to profitability of SE was not disclosed; instead, revenue and operating income were presented for the HSE business formed by integrating HS and SE. HSE as a whole posted operating income of ¥1,012 million, but revenue and earnings declined year on year. - FY2025-H1AdvancedAnnual report
「Progress in improving profitability resulted in an operating loss of ¥22 million, compared with an operating loss of ¥64 million in the same period of the previous year.」
The SE business, reorganized to serve detached housing, remained loss-making on an operating basis, but its operating loss narrowed from ¥64 million in the same period of the previous year to ¥22 million due to improved profitability. - FY2024WorsenedAnnual report
「The decline in revenue from the previous fiscal year resulted in an operating loss of ¥59 million, compared with an operating loss of ¥47 million in the previous fiscal year.」
The SE division continued to post an operating loss following the organizational restructuring, with the loss widening from ¥47 million in the previous fiscal year to ¥59 million. Its earnings position relative to the target of returning to profitability deteriorated. - FY2024-Q3AdvancedAnnual report
「Although revenue declined year on year, progress in improving profitability resulted in an operating loss of ¥67 million, compared with an operating loss of ¥90 million in the same period of the previous year.」
The SE division remained loss-making on an operating basis following the organizational restructuring, but its operating loss narrowed from ¥90 million in the same period of the previous year to ¥67 million, indicating improvement toward the target of returning to profitability. - FY2024-Q2AdvancedAnnual report
「Although revenue declined, progress in improving profitability resulted in an operating loss of ¥64 million, compared with an operating loss of ¥100 million in the same period of the previous year.」
The new SE division’s operating loss narrowed from ¥100 million in the same period of the previous year to ¥64 million, indicating improvement toward the target of returning to profitability. However, it remained loss-making on an operating basis. - FY2024-Q1AdvancedAnnual report
「Although revenue declined, progress in improving profitability resulted in an operating loss of ¥33 million, compared with an operating loss of ¥44 million in the same period of the previous year.」
The SE division remained loss-making on an operating basis following the organizational restructuring, but the operating loss narrowed from ¥44 million in the same period of the previous year to ¥33 million, indicating improvement toward the target of returning to profitability. - FY2023-Q3RestatedAnnual report
「Operating loss was ¥90 million, partly due to costs associated with launching the new business division.」
Following the organizational restructuring, the new SE division serving detached housing recorded an operating loss of ¥90 million, partly due to launch costs, and operating profitability after the return to profitability has not yet been confirmed. - FY2023-Q2RestatedAnnual report
「Operating loss was ¥100 million, partly due to costs associated with launching the new business division.」
The new SE division remained loss-making on an operating basis in the cumulative second quarter, partly due to launch costs. As in the previous quarter, no operating profitability has been confirmed in the solar-related businesses following the organizational restructuring. - FY2023-Q1WorsenedAnnual report
「Operating loss was ¥44 million, partly due to costs associated with launching the new business division. Operating loss was ¥67 million, as selling, general and administrative expenses declined mainly due to personnel reallocation with the SE division following the organizational restructuring, but the cost ratio rose due to higher prices for materials and supplies.」
Following the organizational restructuring, the new SE division recorded an operating loss of ¥44 million and the PV division an operating loss of ¥67 million. Although the figures cannot be directly compared with the former SE business, neither of the solar-related divisions was operating profitably in the current quarter following their establishment and restructuring. - FY2022Fell from operating profit to a full-year operating lossAnnual report
「Lower revenue and higher material prices resulted in an operating loss of ¥473 million, compared with operating income of ¥250 million in the previous fiscal year.」
The SE division moved from operating income of ¥250 million in the previous fiscal year to a full-year operating loss of ¥473 million. - FY2022-Q3Fell from operating profit to operating lossAnnual report
「The substantial impact of lower revenue and higher material prices resulted in an operating loss of ¥225 million, compared with operating income of ¥219 million in the same period of the previous year.」
The SE division moved from operating income of ¥219 million in the same period of the previous year to an operating loss of ¥225 million, and was unable to maintain the operating profitability achieved after returning to profitability. - FY2022-Q2Continued to fall from operating profit to operating loss, with the loss wideningAnnual report
「The substantial impact of lower revenue resulted in an operating loss of ¥294 million, compared with operating income of ¥233 million in the same period of the previous year.」
The SE division moved from operating income of ¥233 million in the same period of the previous year to an operating loss of ¥294 million, and, following FY2022-Q1, was unable to maintain the operating profitability achieved after returning to profitability. - FY2022-Q1Fell from operating profit to operating lossAnnual report
「The substantial impact of lower revenue resulted in an operating loss of ¥150 million, compared with operating income of ¥263 million in the same period of the previous year.」
The SE division moved from operating income of ¥263 million in the same period of the previous year to an operating loss of ¥150 million, and did not maintain the operating profitability achieved after returning to profitability in the current quarter. - FY2021Maintained operating profitability but posted a substantial earnings declineAnnual report
「Despite reducing the material cost ratio and controlling selling, general and administrative expenses, the substantial impact of lower revenue resulted in operating income of ¥250 million, down 72.3% from the previous fiscal year.」
The SE division controlled its material cost ratio and selling, general and administrative expenses, but the impact of lower revenue was substantial. Operating income was ¥250 million, maintaining profitability but down 72.3% from the previous fiscal year. - FY2021-Q3Maintained operating profitability but posted a substantial earnings declineAnnual report
「Despite reducing the material cost ratio and controlling selling, general and administrative expenses, the substantial impact of lower revenue resulted in operating income of ¥219 million, down 70.4% year on year.」
The SE division reduced its material cost ratio and controlled selling, general and administrative expenses, but the impact of lower revenue was substantial, and operating income declined 70.4% year on year. Operating profitability was maintained. - FY2021-Q2Maintained operating profitability but posted lower earningsAnnual report
「Despite controlling selling, general and administrative expenses, the substantial impact of lower revenue resulted in operating income of ¥233 million, down 21.7% year on year.」
Although selling, general and administrative expenses were controlled, the impact of lower revenue in the SE business was substantial, and operating income declined 21.7% year on year. Operating profitability since the return to profitability has been maintained. - FY2021-Q1AdvancedAnnual report
「Operating income was ¥263 million, compared with ¥20 million in the same period of the previous year, mainly due to the substantial impact of higher revenue and the effect of controlling selling, general and administrative expenses.」
The SE division remained profitable, with operating income increasing from ¥20 million in the same period of the previous year to ¥263 million. Higher revenue and the effect of controlling selling, general and administrative expenses were cited as factors. - FY2020Maintained operating profitability but posted lower earningsAnnual report
「Although earnings increased due to higher revenue and lower material costs, the company recorded an inventory valuation loss of ¥644 million on in-house-manufactured power conditioners. This reflected a review of sales forecasts and consideration of recoverability following the abolition, under the FIT scheme from fiscal 2020, of full-volume electricity sales for systems of 10 kW or more and less than 50 kW, which shifted to surplus electricity sales premised on self-consumption. As a result, operating income was ¥901 million, down 25.1% from the previous fiscal year.」
The SE division remained profitable with operating income of ¥901 million, but earnings declined 25.1% from the previous fiscal year due to a ¥644 million inventory valuation loss associated with changes to the FIT scheme. - FY2020-Q3AdvancedAnnual report
「Operating income was ¥741 million, up 44.5% year on year, due to higher revenue and progress in reducing expenses and material costs, including through personnel transfers to the HS division.」
The SE division posted operating income of ¥741 million, up 44.5% year on year. It has maintained and expanded its operating profitability since returning to profitability, alongside expense reductions from personnel transfers and lower material costs. - FY2020-Q2AdvancedAnnual report
「Although revenue declined, progress in reducing expenses and material costs, including through personnel transfers to the HS division, resulted in operating income of ¥298 million, up 439.4% year on year.」
The SE division posted operating income of ¥298 million despite lower revenue, an improvement from operating income of ¥55 million in the same period of the previous year. It has maintained and expanded its operating profitability since returning to profitability. - FY2020-Q1AdvancedAnnual report
「Although the impact of lower revenue was substantial, the division’s efforts to reduce expenses, including through personnel transfers to the HS division, and lower material costs resulted in operating income of ¥20 million, compared with an operating loss of ¥88 million in the same period of the previous year.」
The SE division moved from an operating loss of ¥88 million in the same period of the previous year to operating income of ¥20 million, recovering operating profitability. However, revenue declined 15.3% year on year. - FY2019Maintained operating profitability but posted lower earningsAnnual report
「The division promoted expense reductions through operational streamlining and lower material costs, but the substantial decline in revenue resulted in operating income of ¥1,204 million, down 27.8% from the previous fiscal year.」
The SE division posted operating income of ¥1,204 million and remained profitable, but earnings declined 27.8% from the previous fiscal year due to lower revenue. - FY2019-Q3Maintained operating profitability but posted a significant earnings decline year on yearAnnual report
「The division promoted expense reductions and lower material costs, including through personnel transfers to the HS division, but the decline in revenue had a significant impact on earnings, resulting in operating income of ¥513 million, down 61.9% year on year.」
The SE division posted operating income of ¥513 million and remained profitable, but earnings declined 61.9% year on year due to the contraction of the solar power generation market and the resulting decline in revenue. - FY2019-Q2AdvancedAnnual report
「The division promoted expense reductions and lower material costs, including through personnel transfers to the HS division, but the decline in revenue had a significant impact on earnings, resulting in operating income of ¥55 million, down 94.1% year on year.」
The SE division moved from an operating loss in the previous quarter to operating income of ¥55 million on a cumulative basis for the current quarter, returning to operating profitability. However, earnings declined sharply, down 94.1% year on year. - FY2019-Q1Fell from operating profit to operating loss after returning to profitabilityAnnual report
「The division promoted expense reductions and lower material costs, including through personnel transfers to the HS division, but the decline in revenue had a significant impact on earnings, resulting in an operating loss of ¥88 million, compared with operating income of ¥442 million in the same period of the previous year.」
The SE division moved from operating income of ¥442 million in the same period of the previous year to an operating loss of ¥88 million, and did not maintain the operating profit achieved after returning to profitability in the previous fiscal year. - FY2018RestatedAnnual report
「Operating income was ¥1,668 million, down 0.0% year on year, as revenue declined despite progress in reducing expenses through operational streamlining and lowering material costs.」
The SE division posted full-year operating income of ¥1,668 million despite declining revenue, maintaining the operating profit achieved after returning to profitability in the previous fiscal year. - FY2018-Q3RestatedAnnual report
「Despite a substantial decline in net sales, operating income was ¥1,347 million, up 8.0% year on year, as profitability improved through expense reductions from management rationalization, lower material costs and reduced personnel expenses following transfers to other businesses.」
Despite continued declines in net sales, the SE business division recorded operating income of ¥1,347 million, maintaining and expanding its operating profitability following the return to profitability. - FY2018-Q2RestatedAnnual report
「Despite a substantial decline in net sales, profitability improved as expense reductions through management rationalization, lower material costs and reduced personnel expenses following workforce reductions progressed. Operating income was ¥937 million, up 143.3% year on year.」
Despite lower net sales, the SE business division recorded operating income of ¥937 million, up from ¥385 million in the same period of the previous year, reaffirming its operating profitability following the return to profitability. - FY2018-Q1RestatedAnnual report
「Despite lower net sales, operating income was ¥442 million, compared with an operating loss of ¥68 million in the same period of the previous year, owing to contributions from expense reductions through management rationalization, lower material costs and reduced personnel expenses.」
The SE business division recorded operating income of ¥442 million during the nine-month period ended the first quarter, continuing its profitability improvement following the return to profitability. - FY2017AchievedAnnual report
「Despite lower net sales, operating income increased as fixed costs such as personnel expenses were reduced through management rationalization and the cost of solar modules was lowered. The division returned to profitability, recording operating income of ¥1,669 million, compared with an operating loss of ¥202 million in the previous fiscal year.」
The SE business division recorded full-year operating income of ¥1,669 million, returning to profitability from an operating loss in the previous fiscal year. - FY2017-Q3RestatedAnnual report
「Despite a substantial decline in net sales, operating income increased significantly to ¥1,247 million, compared with an operating loss of ¥1,349 million in the same period of the previous year, owing to progress in reducing personnel expenses and other costs through management rationalization and reducing the costs of materials such as solar modules.」
The SE business division also recorded operating income during the nine-month period ended the third quarter, continuing the return to profitability indicated in the previous quarter. - FY2017-Q2AchievedAnnual report
「Despite a substantial decline in net sales, operating income increased significantly as cost reductions through management rationalization and lower costs for materials and other items led to a marked improvement in gross profit margin. The division recorded operating income of ¥385 million, compared with an operating loss of ¥1,372 million in the same period of the previous year.」
The SE business division returned from an operating loss of ¥1,372 million in the same period of the previous year to operating income of ¥385 million in the six-month period ended the second quarter, achieving a return to profitability for the period. - FY2017-Q1AdvancedAnnual report
「Despite a substantial decline in net sales, operating income increased as profitability improved year on year owing to cost reductions through management rationalization and other measures and lower costs for materials and other items. The division recorded an operating loss of ¥68 million, compared with an operating loss of ¥1,150 million in the same period of the previous year.」
The SE business division remained in the red, but its operating loss narrowed from ¥1,150 million to ¥68 million, demonstrating measurable progress toward the goal of returning to profitability. - FY2016First statedAnnual report
「The SE business division expects the challenging business environment in the solar power generation business to continue and anticipates lower net sales. However, it expects to improve profitability and return to profitability by reducing component costs and compressing total expenses, including personnel expenses.」
For the next fiscal year, the division expects to return to profitability through cost reductions and compression of total expenses despite lower net sales.