Lower profit in the electrical installation materials business due to higher personnel and other expenses
First written in FY2024-Q1. 3 of 7 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the electrical and construction materials business, sales remained strong in both the public and private sectors, driven by active sales efforts targeting capital investment projects related to energy conservation, labor saving and reduced environmental impact. Although personnel expenses and selling expenses increased, the business posted higher sales and higher operating income.」
Although personnel expenses and selling expenses continued to increase, strong sales of capital investment projects enabled the electrical and construction materials business to post higher sales and higher operating income. - FY2026-H1RestatedAnnual report
「Sales of equipment investment projects related to energy conservation, labor saving, and reduced environmental impact remained strong for both public- and private-sector customers, resulting in higher sales. However, profits declined because the increase in personnel expenses and selling expenses could not be fully absorbed.」
Although strong sales generated higher revenue in the Electrical and Construction Materials Business, the increase in personnel and selling expenses could not be absorbed, resulting in lower profit. The decline in profit due to higher expenses has continued. - FY2025WorsenedAnnual report
「Personnel expenses, transportation costs, and selling expenses increased, resulting in lower profits.」
Although strong sales generated higher revenue in the Electrical and Construction Materials Business, profit declined due to increases in personnel, transportation and selling expenses. - FY2025-H1MitigatedAnnual report
「Sales of capital investment projects related to energy conservation, labor saving and reduced environmental impact remained strong in both the public- and private-sector markets. Despite higher personnel, transportation and other expenses, sales and profit increased.」
Although expenses such as personnel and transportation costs increased, strong sales to capital investment projects resulted in higher revenue and profit in the Electrical and Construction Materials Business. - FY2024-Q3MitigatedAnnual report
「Sales progressed steadily, led by deliveries under capital investment projects, and the Company posted higher revenue and profit despite increases in personnel and other expenses.」
Although personnel and other expenses continued to increase, steady sales, led by deliveries under capital investment projects, resulted in higher revenue and profit in the Electrical and Construction Materials Business. - FY2024-Q2RestatedAnnual report
「Deliveries for capital investment projects progressed steadily, resulting in higher revenue, but increased personnel and other expenses led to lower profit.」
Higher personnel and other expenses continue to be cited as factors behind the decline in profit in the Electrical and Construction Materials Business. - FY2024-Q1First statedAnnual report
「Deliveries for capital investment projects progressed steadily, resulting in higher revenue, but increased personnel and other expenses led to lower profit.」
Sales increased in the Electrical and Construction Materials Business due to deliveries under capital investment projects, while higher personnel and other expenses actually emerged as factors behind the decline in profit.