Revenue decline due to a slowdown in the electronic components market and inventory adjustments
First written in FY2016. . Latest entry: FY2026.
The whole theme swung hardest in 2022: 5 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Significant full-year revenue and profit growthAnnual report
「As a result, net sales were ¥18,073 million (up 43.3% year on year), operating income was ¥576 million (up 14.7%), ordinary income was ¥776 million (up 18.0%), and net income was ¥1,803 million (up 14.2%).」
Net sales, operating income, ordinary income and net income all increased further from the previous fiscal year's higher sales and higher earnings, with demand related to generative AI and growth in semiconductor packaging applications driving performance. - FY2026-H1Higher sales and higher earnings in the interim period, with lower interim net incomeAnnual report
「As a result, net sales were ¥7,536 million (up 19.0% year on year), operating income was ¥271 million (up 1.9%), ordinary income was ¥378 million (up 5.0%), and interim net income was ¥624 million (down 24.0%).」
Net sales, operating income and ordinary income increased year on year, while interim net income declined 24.0%. - FY2025Return to full-year revenue and profit growthAnnual report
「As a result, net sales were ¥12,611 million (up 10.4% year on year), operating income was ¥502 million (up 41.8%), ordinary income was ¥657 million (up 18.8%), and net income was ¥1,579 million (up 188.1%).」
Results shifted from a substantial decline in sales and earnings in the previous fiscal year to higher sales and higher earnings for the full year. Net income increased substantially, partly due to gains on the sale of cross-shareholdings. - FY2025-H1Mid-year shift to higher sales and higher earningsAnnual report
「As a result, net sales were ¥6,330 million (up 4.8% year on year), operating income was ¥266 million (up 74.1%), ordinary income was ¥359 million (up 37.2%), and interim net income was ¥822 million (up 306.4%).」
Results shifted from a substantial decline in sales and earnings for the previous full year to higher sales and higher earnings for the interim period. The substantial increase in interim net income included a gain of ¥774.775 million on the sale of investment securities. - FY2024Full-year substantial decline in sales and earningsAnnual report
「As a result, net sales were ¥11,419 million (down 29.7% year on year), operating income was ¥354 million (down 37.6%), ordinary income was ¥553 million (down 26.6%), and net income was ¥548 million (down 3.8%).」
Against a backdrop of a slow recovery in demand for smartphones and personal computers, sluggish demand for industrial machinery and lower palladium prices, the full year resulted in a substantial decline in sales and earnings. - FY2024-Q3Nine-Month Revenue and Profit DeclineAnnual report
「As a result, net sales were ¥8,721 million (down 33.7% year on year for the cumulative period), operating income was ¥285 million (down 44.6%), ordinary income was ¥479 million (down 31.2%), and quarterly net income was ¥370 million (down 25.3%).」
For the cumulative third-quarter period, net sales, operating income, ordinary income and quarterly net income all fell below the year-earlier period, resulting in lower sales and lower earnings. - FY2024-Q2Sharp revenue and profit decline for the six months ended the second quarterAnnual report
「As a result, net sales were ¥6,042 million (down 33.3% year on year for the cumulative period), operating income was ¥153 million (down 63.5%), ordinary income was ¥262 million (down 49.4%), and quarterly net income was ¥202 million (down 46.9%).」
Against a backdrop of sluggish demand for smartphones, personal computers and memory-related products, net sales and all profit measures fell substantially below the year-earlier period for the cumulative second-quarter period. - FY2024-Q1Sharp decline in revenue and profits in the first quarterAnnual report
「As a result, net sales were ¥2,843 million (down 43.7% year on year), operating income was ¥54 million (down 80.6%), ordinary income was ¥154 million (down 58.9%), and quarterly net income was ¥119 million (down 57.1%).」
Net sales and all profit measures declined substantially year on year, mainly due to lower shipments of printed circuit boards and connectors for the core memory applications. - FY2023Full-year revenue and profit declineAnnual report
「As a result, net sales were ¥16,254 million (down 13.1% year on year), operating income was ¥567 million (down 52.8%), ordinary income was ¥753 million (down 43.7%), and net income was ¥569 million (down 41.5%).」
Against a backdrop of production cuts for smartphones and personal computers, restrained data center investment and automotive production adjustments, the full year resulted in lower sales and lower earnings. - FY2023-Q3Nine-Month Revenue and Profit DeclineAnnual report
「As a result, net sales were ¥13,146 million (down 7.9% year on year for the cumulative period), operating income was ¥514 million (down 41.8%), ordinary income was ¥696 million (down 31.6%), and quarterly net income was ¥496 million (down 33.7%).」
For the cumulative third-quarter period, net sales, operating income, ordinary income and quarterly net income all fell below the year-earlier period, against a backdrop of inventory adjustments and production cuts for smartphones and PCs and production adjustments in the automotive sector. - FY2023-Q2Lower revenue and profit for the six months ended September 30Annual report
「As a result, net sales were ¥9,054 million (down 6.8% year on year for the cumulative period), operating income was ¥419 million (down 19.1%), ordinary income was ¥518 million (down 11.0%), and quarterly net income was ¥380 million (down 10.7%).」
Against a backdrop of inventory adjustments and production cuts for 5G-compatible smartphones and PCs, net sales, operating income, ordinary income and quarterly net income all fell below the year-earlier period for the cumulative second-quarter period. - FY2023-Q1First-quarter revenue decline and profit growthAnnual report
「As a result, net sales were ¥5,050 million (down 1.1% year on year), operating income was ¥282 million (up 6.0%), ordinary income was ¥374 million (up 14.9%), and quarterly net income was ¥278 million (up 17.2%).」
In the first quarter, net sales declined 1.1%, while operating income, ordinary income and quarterly net income all increased, resulting in lower sales but higher earnings. - FY2022Full-year revenue and profit growthAnnual report
「As a result, net sales were ¥18,714 million (up 12.6% year on year), operating income was ¥1,201 million (up 25.8%), ordinary income was ¥1,339 million (up 25.2%), and net income was ¥974 million (up 23.2%).」
Higher sales and higher earnings in the cumulative third-quarter period continued through the full year, with net sales, operating income, ordinary income and net income all exceeding the previous fiscal year. - FY2022-Q3Nine-month revenue and profit growthAnnual report
「As a result, net sales were ¥14,278 million (up 17.0% year on year for the cumulative period), operating income was ¥884 million (up 24.2%), ordinary income was ¥1,017 million (up 23.9%), and quarterly net income was ¥749 million (up 22.0%).」
For the cumulative third-quarter period, net sales, operating income, ordinary income and quarterly net income all exceeded the year-earlier period, resulting in higher sales and higher earnings. - FY2022-Q2First-half revenue and profit growthAnnual report
「As a result, net sales were ¥9,711 million (up 25.8% year on year for the cumulative period), operating income was ¥518 million (up 27.8%), ordinary income was ¥582 million (up 25.4%), and quarterly net income was ¥426 million (up 23.0%).」
For the cumulative second-quarter period, net sales, operating income, ordinary income and quarterly net income all exceeded the year-earlier period, resulting in higher sales and higher earnings. - FY2022-Q1First-quarter revenue and profit growthAnnual report
「As a result, net sales were ¥5,108 million (up 31.3% year on year), operating income was ¥266 million (up 48.1%), ordinary income was ¥326 million (up 39.4%), and quarterly net income was ¥237 million (up 38.8%).」
Against a backdrop of increased demand for 5G-compatible smartphones, personal computers, data center-related products and automotive applications, net sales, operating income, ordinary income and quarterly net income all increased year on year in the first quarter. - FY2021Full-year substantial increase in sales but lower earningsAnnual report
「As a result, net sales were ¥16,622 million (up 28.2% year on year), operating income was ¥955 million (down 7.7%), ordinary income was ¥1,069 million (down 8.2%), and net income was ¥790 million (down 7.9%).」
For the full year, net sales increased 28.2%, while operating income, ordinary income and net income all declined, resulting in a substantial increase in sales but lower earnings. - FY2021-Q3Revenue growth and earnings decline continued in the third quarterAnnual report
「As a result, net sales were ¥12,204 million (up 29.7% year on year for the cumulative period), operating income was ¥711 million (down 6.4%), ordinary income was ¥821 million (down 7.6%), and quarterly net income was ¥614 million (down 6.6%).」
For the cumulative third-quarter period, net sales increased 29.7%, while operating income, ordinary income and quarterly net income all declined, and the trend of higher sales but lower earnings continued. - FY2021-Q2Higher revenue and lower profit in the second quarterAnnual report
「Net sales were ¥7,720 million (up 31.8% year on year for the cumulative period), operating income was ¥405 million (down 18.9%), ordinary income was ¥464 million (down 17.7%), and quarterly net income was ¥346 million (down 16.7%).」
For the cumulative second-quarter period, net sales increased 31.8%, while operating income, ordinary income and quarterly net income all declined, resulting in higher sales but lower earnings. - FY2021-Q1First-quarter significant revenue growth and profit declineAnnual report
「As a result, net sales were ¥3,891 million (up 42.6% year on year), operating income was ¥179 million (down 20.6%), ordinary income was ¥233 million (down 17.8%), and quarterly net income was ¥170 million (down 19.6%).」
In the first quarter, net sales increased 42.6%, while operating income, ordinary income and quarterly net income all declined, resulting in a substantial increase in sales but lower earnings. - FY2020Full-year substantial increase in sales and modest increase in earningsAnnual report
「As a result, net sales were ¥12,969 million (up 24.9% year on year), operating income was ¥1,034 million (up 2.1%), ordinary income was ¥1,165 million (up 0.9%), and net income was ¥858 million (up 1.7%).」
For the full year, net sales increased 24.9%, and operating income, ordinary income and net income also increased. Results shifted from lower sales and lower earnings in the previous fiscal year to higher sales and higher earnings, although the rates of profit growth were below the rate of sales growth. - FY2020-Q3Revenue growth and earnings decline continued in the third quarterAnnual report
「As a result, net sales were ¥9,411 million (up 16.9% year on year for the cumulative period), operating income was ¥760 million (down 11.1%), ordinary income was ¥888 million (down 9.9%), and quarterly net income was ¥657 million (down 8.5%).」
For the cumulative third-quarter period, net sales increased 16.9%, while operating income, ordinary income and quarterly net income all declined, resulting in higher sales but lower earnings. - FY2020-Q2Higher revenue and lower profit in the second quarterAnnual report
「As a result, net sales were ¥5,857 million (up 6.5% year on year for the cumulative period), operating income was ¥499 million (down 9.2%), ordinary income was ¥564 million (down 9.8%), and quarterly net income was ¥416 million (down 8.6%).」
For the cumulative second-quarter period, net sales increased 6.5%, while operating income, ordinary income and quarterly net income declined 9.2%, 9.8% and 8.6%, respectively. - FY2020-Q1First-Quarter Revenue and Earnings DeclineAnnual report
「As a result, net sales were ¥2,728 million (down 6.7% year on year), operating income was ¥226 million (down 17.4%), ordinary income was ¥284 million (down 17.2%), and quarterly net income was ¥212 million (down 15.6%).」
Against a backdrop of sluggish sales of high-end smartphones and semiconductor inventory adjustments, net sales, operating income, ordinary income and quarterly net income all declined year on year in the first quarter. - FY2019Full-year lower sales and lower earnings, with an increase in net incomeAnnual report
「As a result, net sales were ¥10,380 million (down 2.7% year on year), operating income was ¥1,013 million (down 6.1%), ordinary income was ¥1,155 million (down 2.1%), and net income was ¥844 million (up 1.8%).」
For the full year, net sales, operating income and ordinary income were below the previous fiscal year, while net income increased 1.8%. Saturation in the smartphone market and sluggish semiconductor demand were cited. - FY2019-Q3Continued third-quarter revenue and profit growthAnnual report
「As a result, net sales were ¥8,051 million (up 2.4% year on year for the cumulative period), operating income was ¥854 million (up 0.8%), ordinary income was ¥986 million (up 3.9%), and quarterly net income was ¥718 million (up 7.5%).」
For the cumulative third-quarter period, net sales, operating income, ordinary income and quarterly net income all exceeded the year-earlier period. Despite declines caused by slowing demand in the smartphone market and inventory adjustments for palladium-plating chemicals used in lead frames, the overall trend of higher sales and higher earnings continued. - FY2019-Q2Second-quarter mixed results, with higher sales and mixed profit performanceAnnual report
「As a result, net sales were ¥5,498 million (up 9.3% year on year for the cumulative period), operating income was ¥550 million (down 0.2%), ordinary income was ¥626 million (up 3.8%), and quarterly net income was ¥455 million (up 7.8%).」
For the cumulative second-quarter period, net sales, ordinary income and quarterly net income exceeded the year-earlier period, while operating income declined 0.2%. The trend of higher sales and higher earnings from the previous fiscal year continued, except for operating income. - FY2019-Q1First-quarter growth in sales and profit continuedAnnual report
「As a result, net sales were ¥2,925 million (up 23.9% year on year), operating income was ¥273 million (up 3.2%), ordinary income was ¥343 million (up 9.9%), and quarterly net income was ¥251 million (up 13.8%).」
Following the first quarter of the previous fiscal year, net sales, operating income, ordinary income and quarterly net income all increased. - FY2018Return to full-year revenue and profit growthAnnual report
「As a result, net sales were ¥10,668 million, up 29.6% year on year, operating profit was ¥1,078 million, up 19.8%, ordinary profit was ¥1,179 million, up 17.6%, and net income was ¥829 million, up 15.7%.」
Net sales, operating profit, ordinary profit and net income all increased for the full fiscal year, following the decline in sales and profit in the previous fiscal year. - FY2018-Q3Year-on-year growth in sales and profit continuedAnnual report
「As a result, net sales were ¥7,864 million, up 33.1% year on year, operating profit was ¥847 million, up 35.3%, ordinary profit was ¥948 million, up 30.0%, and net income was ¥668 million, up 27.0%.」
Sales and profit continued to increase year on year during the cumulative third quarter, with net sales, operating profit, ordinary profit and quarterly net income all rising. - FY2018-Q2Year-on-year growth in sales and profit continuedAnnual report
「As a result, net sales were ¥5,031 million, up 30.5% year on year, operating profit was ¥551 million, up 49.3%, ordinary profit was ¥602 million, up 41.5%, and net income was ¥422 million, up 35.5%.」
Year-on-year growth in sales and profit continued through the cumulative second quarter, against a backdrop of the end of smartphone production adjustments and demand for semiconductors for memory products, automotive applications and industrial machinery. - FY2018-Q1Year-on-year growth in sales and profit and recovery in performanceAnnual report
「As a result, net sales were ¥2,360 million, up 32.4% year on year, operating profit was ¥265 million, up 67.3%, ordinary profit was ¥312 million, up 54.6%, and net income was ¥221 million, up 50.8%.」
Against a backdrop of recovering demand for semiconductors and electronic components used in smartphones, net sales, operating profit, ordinary profit and quarterly net income all increased year on year, and performance recovered from the decline in sales and profit recorded in the same period of the previous year. - FY2017Full-year declines in sales and profit continued, while net income increasedAnnual report
「As a result, net sales were ¥8,229 million, down 2.4% year on year, operating profit was ¥900 million, down 6.0%, ordinary profit was ¥1,002 million, down 4.3%, and net income was ¥716 million, up 1.2%.」
For the full fiscal year, net sales, operating profit and ordinary profit were below the previous fiscal year, while net income increased 1.2%. - FY2017-Q3Year-on-year declines in sales and profit continuedAnnual report
「As a result, net sales were ¥5,909 million, down 11.3% year on year, operating profit was ¥626 million, down 18.7%, ordinary profit was ¥729 million, down 15.3%, and net income was ¥526 million, down 11.1%.」
Net sales and all profit measures remained below the same period of the previous year during the cumulative third quarter, against a backdrop of slowing demand for PCs and smartphones. - FY2017-Q2Year-on-year declines in sales and profit continuedAnnual report
「As a result, net sales were ¥3,855 million, down 16.3% year on year, operating profit was ¥369 million, down 28.8%, ordinary profit was ¥426 million, down 24.6%, and net income was ¥311 million, down 19.3%.」
Net sales and all profit measures remained below the same period of the previous year during the cumulative second quarter, against a backdrop of weak smartphone demand and higher palladium prices. - FY2017-Q1Further deterioration in performance indicatorsAnnual report
「As a result, net sales were ¥1,783 million, down 29.5% year on year, operating profit was ¥158 million, down 39.9%, ordinary profit was ¥202 million, down 34.3%, and net income was ¥146 million, down 31.1%.」
Net sales and profit declined significantly year on year against a backdrop of weak smartphone demand and falling precious-metal prices. - FY2016First statedAnnual report
「As a result, net sales were ¥8,429 million, down 11.8% year on year, operating profit was ¥957 million, down 13.7%, ordinary profit was ¥1,047 million, down 10.9%, and net income was ¥708 million, down 7.8%.」
Key performance indicators declined during the fiscal year against a backdrop of the maturing Chinese market, a slowdown in emerging markets, smartphone inventory adjustments and efforts to reduce precious-metal content.