Lower Electronic Equipment Revenue Due to Delayed Delivery of Disaster-Prevention Administrative Radio Systems
First written in FY2019-Q1. 7 of 11 entries say "Mitigated", first in FY2020-Q1. Latest entry: FY2021.
Alinco moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 10 of 32 companies on the "Worse" side.
9 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「Deliveries of disaster-prevention administrative radio systems carried forward from the previous period steadily drove revenue, while sales expansion also progressed for new wireless modules and specified low-power radio equipment developed for ICT applications.」
The start and progress of deliveries of disaster-prevention administrative radio systems mitigated the decline in revenue caused by the previous period's shift in delivery timing. - FY2021-Q3MitigatedAnnual report
「In addition to strong growth in sales of disaster-prevention administrative radio systems, sales of radio module products, which the company had prioritized in recent years, expanded steadily.」
Sales of disaster-prevention administrative radio systems increased substantially, mitigating the impact on the electronic equipment-related business from the shift in delivery timing from the previous period. - FY2021-Q2MitigatedAnnual report
「Although sales of disaster-prevention administrative radio systems were temporarily affected by supply-chain disruptions caused by the spread of COVID-19, their recovery enabled the company to offset weak sales of low-power specified radio equipment and other products affected by reduced investment appetite resulting from requests for restaurants and other businesses to suspend operations.」
Sales of disaster-prevention administrative radio systems recovered, mitigating the impact on the electronic equipment-related business caused by the shift in delivery timing. - FY2021-Q1MitigatedAnnual report
「Demand for disaster-prevention administrative radio systems has remained firm amid heightened disaster-prevention awareness. Deliveries are expected to accelerate from the second quarter and contribute to performance for the current period.」
For the disaster-prevention administrative radio systems postponed from the previous period, firm demand and the acceleration of deliveries from the second quarter were indicated, raising expectations that the impact of the delivery timing shift would ease. - FY2020MitigatedAnnual report
「Deliveries of disaster-prevention administrative radio systems carried over from the previous fiscal year began.」
The risk of lower revenue from the postponement of disaster-prevention administrative radio system deliveries was mitigated after the start of delivery of carried-forward orders was confirmed. - FY2020-Q3MitigatedAnnual report
「Delivery preparations are under way for the disaster-prevention administrative radio systems carried forward from the current period, following confirmation of the ordering schedule of the municipalities introducing them.」
Although some deliveries of disaster-prevention administrative radio systems remain postponed, the ordering schedule of the municipalities introducing them has been confirmed and preparations for delivery have progressed. - FY2020-Q1MitigatedAnnual report
「Delivery of orders for disaster-prevention administrative radio systems that had been carried forward from the current period is now expected to begin in the third quarter. However, in the first quarter, sales of specified low-power and business radio equipment struggled as corporate capital investment weakened.」
Although the postponement of delivery of disaster-prevention administrative radio systems continued, the expected start of delivery was narrowed down to the third quarter. Meanwhile, sales of other radio equipment struggled as corporate capital investment weakened, resulting in a segment loss in the electronic equipment-related business. - FY2019MaterialisedAnnual report
「Although sales of specified low-power and business radio equipment remained strong from the beginning of the period, the impact of the postponement of delivery of disaster-prevention administrative radio systems to the next fiscal year could not be offset. In terms of earnings, the decline in the profit margin resulting from lower sales of disaster-prevention administrative radio systems resulted in a segment loss of ¥89 million.」
The postponement of delivery of disaster-prevention administrative radio systems was not resolved even for the full year. Revenue in the electronic equipment-related business fell 10.0% year on year, resulting in a segment loss of ¥89 million. - FY2019-Q3MaterialisedAnnual report
「Revenue from this business fell 10.6% year on year to ¥2,446 million. Although sales of specified low-power and business radio equipment remained strong from the beginning of the period, delivery of disaster-prevention administrative radio systems was postponed to the next fiscal year. In terms of earnings, the decline in the profit margin resulting from lower sales of disaster-prevention administrative radio systems could not be fully offset, resulting in a segment loss of ¥54 million.」
Sales of specified low-power and business radio equipment were strong, but the postponement of delivery of disaster-prevention administrative radio systems continued. Sales in the electronic equipment-related business fell 10.6% year on year, resulting in a segment loss of ¥54 million. - FY2019-Q2MaterialisedAnnual report
「Although sales of specified low-power and business radio equipment remained strong from the beginning of the period, delivery of disaster-prevention administrative radio systems was postponed to the next fiscal year. In terms of earnings, the decline in the profit margin resulting from lower sales of disaster-prevention administrative radio systems could not be fully offset, resulting in a segment loss of ¥37 million.」
Sales of specified low-power and business radio equipment were strong, but delivery of disaster-prevention administrative radio systems was postponed to the next fiscal year. Sales in the electronic equipment-related business fell 12.0% year on year, resulting in a segment loss of ¥37 million. - FY2019-Q1MaterialisedAnnual report
「Sales in this business declined 14.2% year on year to ¥847 million. Sales of low-power and business radios remained strong from the beginning of the fiscal year, but revenue declined because delivery of disaster-prevention administrative radio systems was delayed until the second half or later. In terms of profit, the decline in the segment margin caused by lower sales of disaster-prevention administrative radio systems could not be fully offset, resulting in a segment loss of ¥11 million.」
Sales of low-power and business radios were strong, but delayed delivery of disaster-prevention administrative radio systems resulted in a 14.2% decline in electronic equipment revenue and a segment loss of ¥11 million.