Weakness in the power-related business due to the absence of large NAS battery shipments
First written in FY2017-Q1. 7 of 32 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2026-H1.
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- FY2026-H1WorsenedAnnual report
「In the Energy & Industry business, revenue increased 17.9% year on year to ¥32,120 million, while the operating loss was ¥1,773 million, compared with an operating loss of ¥865 million in the same period of the previous year.」
Sales of NAS® batteries for domestic energy storage facilities lifted Energy Storage revenue above the same period of the previous year, while the Energy & Industry business as a whole posted a wider operating loss than in the same period of the previous year. - FY2025Strong insulator sales on transmission and distribution investment, but wider NAS lossesAnnual report
「Demand for insulators increased as transmission and distribution networks were strengthened in Japan and overseas. Revenue from NAS® batteries for electricity storage also increased on shipments for overseas projects, resulting in higher overall revenue. At the operating level, despite higher demand for insulators, the loss widened to ¥4,196 million because the loss of an expected overseas project for NAS® batteries led to the suspension of part of the production process and the recognition of inventory write-downs.」
Demand for and shipments of insulators increased on transmission and distribution investment, while the NAS battery business posted wider losses due to the loss of an overseas project, the suspension of production processes and inventory write-downs. - FY2025-H1Strong insulator sales on resilient transmission and distribution investment, but wider lossesAnnual report
「In the Energy & Industry business, shipments of insulator products remained strong as transmission and distribution investment in Japan and the U.S. continued to be firm.」
Shipments of insulator products were strong, supported by transmission and distribution investment in Japan and the U.S., but the Energy & Industry business as a whole posted an operating loss of ¥865 million, widening from ¥523 million in the same period of the previous year. - FY2024AdvancedAnnual report
「At the operating level, the business turned from an operating loss of ¥1,536 million in the previous fiscal year to an operating profit of ¥532 million, due to higher demand for insulators and the positive effect of the weaker yen.」
The Energy & Industry business turned from an operating loss to an operating profit, driven by higher demand for insulators and other factors. - FY2024-Q3Higher U.S. insulator shipments, lower industrial equipment shipments and narrower lossesAnnual report
「In the Energy & Industry business, shipments of insulator products in the U.S. increased, while shipments of industrial equipment-related products, including heating equipment, declined. In the Energy & Industry business, revenue decreased 0.9% year on year to ¥54,224 million, while the operating loss was ¥704 million, compared with an operating loss of ¥1,208 million in the same period of the previous year.」
Shipments of insulators to the U.S. increased, but shipments of industrial equipment-related products, including heating equipment, declined. The business as a whole posted lower revenue, although the operating loss narrowed from the same period of the previous year. - FY2024-Q2Higher insulator shipments centered on the U.S. market and narrower lossesAnnual report
「In the Energy & Industry business, revenue increased 9.9% year on year to ¥38,014 million, while the operating loss was ¥506 million, compared with an operating loss of ¥1,089 million in the same period of the previous year.」
Revenue in the Energy & Industry business increased 9.9% year on year, and the operating loss narrowed from ¥1,089 million to ¥506 million. However, the business returned to a loss after reporting an operating profit in the first quarter. - FY2024-Q1Energy & Industry business returns to profitabilityAnnual report
「In the Energy & Industry business, revenue increased 24.1% year on year to ¥18,624 million, while operating profit was ¥1,504 million, compared with an operating loss of ¥710 million in the same period of the previous year.」
The Energy & Industry business, which reported an operating loss in the same period of the previous year, returned to operating profitability in the first quarter, driven by higher revenue and increased shipments. - FY2023Shipments increased, but operating loss continuedAnnual report
「Shipments of NAS® batteries increased, mainly in Japan.」
NAS battery shipments increased, mainly in Japan, but the Energy & Industry business as a whole continued to record an operating loss of ¥1,536 million due to soaring raw material prices. - FY2023-Q3Nine-month cumulative shipment growth and wider operating lossAnnual report
「In the Energy & Industry business, shipments increased, mainly of insulators and heating equipment. Revenue rose 10.6% to ¥54,719 million, while the business recorded an operating loss of ¥1,208 million, compared with an operating loss of ¥828 million in the same period of the previous year.」
Although shipments increased, mainly of insulators and heating equipment, the Energy & Industry business's nine-month cumulative operating loss widened from ¥828 million in the same period of the previous year to ¥1,208 million. - FY2023-Q2First-half revenue growth and wider operating lossAnnual report
「In the Energy & Industry business, shipments increased, mainly of heating equipment.」
While shipments increased, mainly of heating equipment, first-half revenue in the business rose 7.4% year on year to ¥34,595 million, while the operating loss widened to ¥1,089 million from ¥864 million in the same period of the previous year. - FY2023-Q1Lower shipments of insulator products following the completion of overseas projectsAnnual report
「In the Energy & Industry business, overseas projects reached completion, resulting in lower shipments of insulator products.」
In the energy-related business, shipments of insulator products declined as overseas projects reached completion, and the business recorded an operating loss of ¥710 million. - FY2022-Q3Narrower nine-month cumulative operating lossAnnual report
「The Energy Infrastructure business recorded revenue of ¥30,853 million, up 0.4% year on year, and an operating loss of ¥1,230 million, compared with an operating loss of ¥2,581 million in the same period of the previous year.」
Although demand for insulators remained sluggish, the Energy Infrastructure business's operating loss narrowed from the same period of the previous year, partly due to the effects of price revisions. - FY2021Reduction in the full-year operating lossAnnual report
「In terms of profitability, the operating loss narrowed from ¥4,915 million in the previous fiscal year to ¥3,978 million, as the loss from insulators decreased.」
While the absence of large NAS battery projects and weak demand for insulators continued, the Energy Infrastructure business's full-year operating loss narrowed. - FY2021-Q3Narrower nine-month cumulative operating lossAnnual report
「The Energy Infrastructure business recorded revenue of ¥30,744 million, down 3.9% year on year, and an operating loss of ¥2,581 million, compared with an operating loss of ¥3,524 million in the same period of the previous year.」
Although weak demand for insulator products continued, the Energy Infrastructure business's nine-month cumulative operating loss narrowed from ¥3,524 million in the same period of the previous year to ¥2,581 million. - FY2021-Q2Continued narrowing of the first-half operating lossAnnual report
「The Energy Infrastructure business recorded revenue of ¥19,440 million, down 5.8% year on year, and an operating loss of ¥2,280 million, compared with an operating loss of ¥2,418 million in the same period of the previous year.」
While demand remained sluggish, particularly for distribution products, due to restrained capital investment by domestic electric utilities, the operating loss narrowed from ¥2,418 million in the same period of the previous year to ¥2,280 million. - FY2021-Q1Narrower first-quarter operating lossAnnual report
「The Energy Infrastructure business recorded revenue of ¥9,284 million, down 1.9% year on year, and an operating loss of ¥1,114 million, compared with an operating loss of ¥1,285 million in the same period of the previous year.」
Although declining demand for insulators continued in the Energy Infrastructure business, the operating loss narrowed from ¥1,285 million in the same period of the previous year to ¥1,114 million. - FY2020Reduction in the full-year operating lossAnnual report
「In terms of profitability, the operating loss narrowed from ¥8,498 million in the previous fiscal year to ¥4,915 million.」
Shipments of insulators and NAS batteries remained sluggish, but the power-related business's full-year operating loss narrowed. - FY2020-Q3Narrower nine-month cumulative operating lossAnnual report
「In the Group's power-related business, demand for insulators declined against a backdrop of restrained capital investment by domestic electric utilities and intensifying overseas competition, while shipments of NAS® batteries also remained sluggish.」
Although declining demand for insulators and sluggish NAS battery shipments continued, the nine-month cumulative operating loss narrowed from ¥4,703 million in the same period of the previous year to ¥3,524 million. - FY2020-Q2Narrower operating loss in the first halfAnnual report
「In the Group's power-related business, demand for insulators declined against a backdrop of restrained capital investment by domestic electric utilities and intensifying overseas competition, while shipments of NAS® batteries also remained sluggish.」
While declining demand for insulators and sluggish NAS battery shipments continued, the power-related business's operating loss for the first half narrowed from ¥3,119 million in the same period of the previous year to ¥2,418 million. - FY2020-Q1WorsenedAnnual report
「In the Group's power-related business, demand for insulators declined against a backdrop of restrained capital investment by domestic electric utilities and intensifying overseas competition, while shipments of NAS® batteries also remained sluggish.」
Declining demand for insulators and sluggish NAS battery shipments continued, with power-related business revenue down 23.7% year on year and the operating loss at ¥1,285 million. - FY2019WorsenedAnnual report
「Domestic insulator shipments remained sluggish due to restrained capital investment by electric utilities, while overseas shipments also declined, mainly to China, resulting in lower revenue. NAS® batteries remained sluggish because there were no large project shipments. In terms of profitability, the operating loss widened from ¥4,714 million in the previous fiscal year to ¥8,498 million.」
Lower domestic and overseas insulator shipments and the absence of large NAS battery projects continued, and the power-related business's operating loss widened from the previous fiscal year. - FY2019-Q3WorsenedAnnual report
「By segment, the power-related business recorded revenue of ¥36,457 million, down 10.9% year on year, and an operating loss of ¥4,703 million, compared with an operating loss of ¥2,501 million in the same period of the previous year.」
Revenue declined in the power-related business, and the operating loss widened from the same period of the previous year, indicating further deterioration in performance. - FY2019-Q2WorsenedAnnual report
「Within the Group, in the Power-Related Business, domestic demand for insulators declined, while shipments to overseas markets also remained sluggish.」
Domestic demand for insulators declined and overseas shipments remained sluggish in the power-related business, with revenue down 11.1% year on year and the operating loss widening to ¥3,119 million. - FY2019-Q1WorsenedAnnual report
「In the Group's power-related business, domestic demand for insulators declined, and overseas shipments remained sluggish.」
In addition to the continuing absence of large NAS battery projects, the Company reported lower domestic demand for insulators and sluggish overseas shipments in the quarter. The power-related business's operating loss widened from ¥619 million in the same period of the previous year to ¥1,275 million. - FY2018Continued weakness, narrower operating lossAnnual report
「There were no large project shipments of NAS® batteries, and the business remained sluggish. In terms of profitability, the operating loss narrowed from ¥6,622 million in the previous fiscal year to ¥4,714 million.」
Weakness due to the absence of large NAS battery projects continued, but the power-related business's operating loss narrowed from the previous fiscal year. - FY2018-Q3RestatedAnnual report
「In the Group's power-related business, shipments of insulators for overseas markets increased, although NAS® batteries for electricity storage remained sluggish.」
While NAS battery weakness continued, overseas insulator shipments continued to increase. The power-related business recorded a nine-month cumulative operating loss of ¥2,501 million, down from ¥3,595 million in the same period of the previous year. - FY2018-Q2RestatedAnnual report
「In the Group's power-related business, shipments of insulators for overseas markets increased, although NAS® batteries for electricity storage remained sluggish.」
While NAS battery weakness continued, increased overseas insulator shipments reduced the power-related business's operating loss from ¥2,783 million in the same period of the previous year to ¥2,109 million. - FY2018-Q1Increase in shipments for overseas insulator projectsAnnual report
「In the Group's power-related business, shipments for overseas insulator projects increased, although NAS® batteries for electricity storage remained sluggish.」
NAS battery weakness continued, but increased shipments for overseas insulator projects reduced the power-related business's operating loss from ¥1,428 million in the same period of the previous year to ¥619 million. - FY2017RestatedAnnual report
「In the power-related business, shipments of insulators for overseas markets declined, while NAS® batteries for electricity storage had no large shipments and remained sluggish.」
Weakness in the power-related business due to lower overseas insulator shipments and the absence of large NAS battery shipments continued for the full fiscal year, resulting in an operating loss of ¥6,622 million. - FY2017-Q3RestatedAnnual report
「In the Group's power-related business, shipments of insulators for overseas markets declined, while the business was sluggish because there were no large shipments of NAS® batteries for electricity storage (sodium-sulfur batteries).」
Weakness in the power-related business due to lower overseas insulator shipments and the absence of large NAS battery shipments continued through the nine-month period. - FY2017-Q2WorsenedAnnual report
「The power-related business was sluggish, as shipments of insulators for overseas markets declined and there were no large shipments of NAS® batteries for electricity storage (sodium-sulfur batteries).」
In addition to the absence of large NAS battery shipments, overseas shipments of insulators declined, and the power-related business recorded an operating loss for the first half. - FY2017-Q1First statedAnnual report
「The power-related business was sluggish because there were no large shipments of NAS® batteries for electricity storage (sodium-sulfur batteries).」
In the first quarter, the power-related business recorded revenue of ¥13,367 million and an operating loss of ¥1,428 million, with the presence or absence of large shipments affecting results.