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Iwabuchi (5983) · FactRestated

Steady demand for LED street and security lighting, as well as railway-related products

First written in FY2017-Q1. 14 of 25 entries say "Restated". Latest entry: FY2024-Q2.

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ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2024-Q22016: 220162017: 420172018: 320182019: 420192020: 420202021: 320212022: 220222023: 32023
Same theme, other companies
Demand for LED conversion of streetlights and security lights and railway equipment renewalsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2RestatedAnnual report

    「Railway-related business performed well as facility renewal work and other projects showed signs of recovery. General private-sector demand remained weak despite new orders for products for renewable energy applications, due to a decline in new projects involving wireless equipment.」

    Railway facility renewal work showed signs of recovery and performed well, while general private-sector demand remained weak despite orders for renewable energy applications, due to a decline in new wireless-equipment projects.
  2. FY2024-Q1Recovery in railway facility renewal and weakness in general private-sector demandAnnual report

    「Railway-related business remained solid as facility renewal work and other projects, which had been restrained, showed signs of recovery. General private-sector demand generated orders for products for renewable energy applications, but remained weak due to project cancellations and postponements caused by equipment shortages. As a result, revenue was ¥492 million, down ¥252 million, or 33.9%, from the same period a year earlier.」

    Facility renewal work in the railway sector, which had been restrained, showed signs of recovery, while general private-sector demand remained weak despite orders for renewable energy applications, due to project cancellations and postponements caused by equipment shortages, resulting in divergent trends across the fields.
  3. FY2023RestatedAnnual report

    「Railway-related business remained weak as capital investment declined. General private-sector demand also remained weak, with sales affected by project cancellations and postponements due to equipment shortages, but orders for wireless equipment, park fence installation projects, products for renewable energy applications and new EV-related products contributed to revenue.」

    Railway-related business and general private-sector demand remained weak, with project cancellations and postponements due to equipment shortages continuing, while orders for wireless equipment, park fences, renewable energy applications and EV-related products contributed to revenue.
  4. FY2023-Q1Weak railway-related business and general private-sector demand alongside a contribution from public worksAnnual report

    「Railway-related business remained weak due to a decline in maintenance work. General private-sector demand also remained weak, with sales of products for electrical-material applications affected by low levels of corporate capital investment and housing starts. However, public works-related business contributed to revenue through orders for wireless equipment installation and park fence installation projects. As a result, revenue was ¥744 million, up ¥270 million, or 56.9%, from the same period a year earlier.」

    Railway-related business and general private-sector demand weakened, while orders for wireless equipment and park fence installation projects contributed to revenue in public works-related business, resulting in divergent trends across the fields.
  5. FY2022-Q3Railway-related business declined while general private-sector demand and public works-related business increasedAnnual report

    「Railway-related business remained weak due to declines in maintenance work and safety-measure work. By contrast, general private-sector demand and public works-related business performed well, helped by special demand for products for renewable energy applications and products for security-measure projects. In addition, sales from the construction division of a group company contributed, and new EV-related products and seismic-resistance products were sold. As a result, revenue was ¥1,516 million, up ¥104 million, or 7.4%, from the same period a year earlier.」

    Railway-related business weakened due to declines in maintenance and safety-measure work, while general private-sector demand and public works-related business performed well on products related to renewable energy, security, EVs and seismic resistance.
  6. FY2022-Q2Railway-related business declined while general private-sector demand and public works-related business increasedAnnual report

    「Railway-related business remained weak due to declines in maintenance work and safety-measure work. By contrast, general private-sector demand and public works-related business performed well, helped by special demand for products for renewable energy applications and products for security-measure projects. In addition, sales from the construction division of a group company contributed, and new EV-related products were sold. As a result, revenue was ¥957 million, up ¥83 million, or 9.5%, from the same period a year earlier.」

    Railway-related business weakened due to declines in maintenance and safety-measure work, while general private-sector demand and public works-related business performed well on products for renewable energy applications, security measures, the construction division of a group company, and sales of new EV-related products.
  7. FY2021Additional railway orders and weaker general private-sector demandAnnual report

    「Railway-related business performed well, supported by additional orders for safety-measure work. By contrast, general private-sector demand and public works-related business remained weak as security-related work centered on streetlight and security-light LED conversion projects declined.」

    Railway-related business performed well on additional orders for safety-measure work, while security-related work centered on LED conversion declined in general private-sector demand and public works-related business, resulting in divergent trends.
  8. FY2021-Q3RestatedAnnual report

    「Railway-related safety-measure work remained solid. In general private-sector demand and public works-related business, security-related work centered on streetlight and security-light LED conversion projects remained solid despite some project cancellations and postponements. As a result, revenue was ¥1,412 million, broadly in line with the same period a year earlier.」

    Railway safety-measure work and security-related work centered on streetlight and security-light LED conversion projects remained solid, while project cancellations and postponements continued.
  9. FY2021-Q2Added the impact of project cancellations and postponementsAnnual report

    「Railway-related safety-measure work performed well. In general private-sector demand and public works-related business, security-related work centered on streetlight and security-light LED conversion projects remained solid despite some project cancellations and postponements. As a result, revenue was ¥874 million, broadly in line with the same period a year earlier.」

    Railway-related safety-measure work performed well, while security-related work centered on LED conversion projects remained solid in general private-sector demand and public works-related business despite project cancellations and postponements.
  10. FY2021-Q1RestatedAnnual report

    「General private-sector demand and public works-related business performed well, supported by security-related work centered on streetlight and security-light LED conversion projects and sales of products such as steel-plate assembled poles. Railway-related business also performed well, driven by ancillary work accompanying safety measures. As a result, revenue was ¥436 million, up ¥12 million, or 3.0%, from the same period a year earlier.」

    Security-related work centered on streetlight and security-light LED conversion projects, sales of steel-plate assembled poles, and railway-related safety-measure work continued to perform well, and revenue increased 3.0% year on year.
  11. FY2020RestatedAnnual report

    「General private-sector demand and public works-related business performed well, supported by private-sector capital investment resulting from the government's proactive economic policies, security-related work centered on streetlight and security-light LED conversion projects, and sales of products such as steel-plate assembled poles. Railway-related business also performed well, driven by ancillary work accompanying safety measures.」

    Security-related work centered on streetlight and security-light LED conversion projects, sales of steel-plate assembled poles, and railway safety-measure ancillary work all performed well throughout the fiscal year.
  12. FY2020-Q3RestatedAnnual report

    「Railway-related business remained solid as safety-measure work was carried out. General private-sector demand and public works-related business performed well, supported by private-sector capital investment resulting from the government's proactive economic policies and security-related work centered on streetlight and security-light LED conversion projects.」

    Railway-related business remained solid on safety-measure work, while general private-sector demand and public works-related business remained solid to strong on security-related work centered on LED conversion projects.
  13. FY2020-Q2Railway-related business returned to solid growthAnnual report

    「Railway-related business remained solid as ancillary work accompanying safety measures was carried out. General private-sector demand and public works-related business also remained solid, supported by private-sector capital investment resulting from the government's proactive economic policies and security-related work centered on streetlight and security-light LED conversion projects. As a result, revenue was ¥880 million, up ¥48 million, or 5.8%, from the same period a year earlier.」

    Safety-measure ancillary work in the railway sector, which had been described as reaching a lull in the previous fiscal year, was carried out, and railway-related business was described as solid. General private-sector demand and public works-related business also remained solid on LED conversion and security-related work.
  14. FY2020-Q1RestatedAnnual report

    「General private-sector demand and public works-related business performed well, supported by private-sector capital investment resulting from the government's proactive economic policies and security-related work centered on streetlight and security-light LED conversion projects. As a result, revenue was ¥423 million, up ¥15 million, or 3.7%, from the same period a year earlier.」

    General private-sector demand and public works-related business performed well, supported by security-related work centered on streetlight and security-light LED conversion projects.
  15. FY2019RestatedAnnual report

    「General private-sector demand and public works-related business remained solid, supported by private-sector capital investment resulting from the government's proactive economic policies, streetlight LED conversion projects and security-related work. However, railway-related business remained weak as ancillary work accompanying safety measures, which had performed well in the previous fiscal year, reached a lull.」

    The continued divergence was described as general private-sector demand and public works-related business remaining solid on LED conversion and security-related work, while railway-related business remained weak as safety-measure ancillary work reached a lull.
  16. FY2019-Q3RestatedAnnual report

    「General private-sector demand and public works-related business remained solid, supported by private-sector capital investment resulting from the government's proactive economic policies, streetlight LED conversion projects and security-related work. However, railway-related business remained weak as ancillary work accompanying safety measures, which had performed well in the previous fiscal year, reached a lull. As a result, revenue was ¥1,379 million, down ¥91 million, or 6.2%, from the same period a year earlier.」

    General private-sector demand and public works-related business remained solid on streetlight LED conversion projects and security-related work, while railway-related business remained weak as safety-measure ancillary work reached a lull, and this divergence continued.
  17. FY2019-Q2RestatedAnnual report

    「General private-sector demand and public works-related business remained solid, supported by private-sector capital investment resulting from the government's proactive economic policies, streetlight LED conversion projects and security-related work. However, railway-related business remained weak as ancillary work accompanying safety measures, which had performed well in the previous fiscal year, reached a lull. As a result, revenue was ¥832 million, down ¥89 million, or 9.7%, from the same period a year earlier.」

    General private-sector demand and public works-related business remained solid on LED conversion projects and other work, while railway-related business remained weak as safety-measure ancillary work reached a lull, and this divergence continued.
  18. FY2019-Q1Divergence between general private-sector demand and railway demandAnnual report

    「General private-sector demand and public works-related business remained solid, supported by private-sector capital investment resulting from the government's proactive economic policies and by streetlight and security-light LED conversion projects. However, railway-related business remained weak as ancillary work accompanying safety measures, which had performed well in the previous fiscal year, reached a lull. As a result, revenue was ¥408 million, down ¥47 million, or 10.4%, from the same period a year earlier.」

    General private-sector demand and public works-related business remained solid on streetlight and security-light LED conversion projects, while railway-related business weakened as the safety-measure ancillary work that had performed well in the previous year reached a lull. Total revenue declined 10.4% year on year.
  19. FY2018-Q3RestatedAnnual report

    「General private-sector demand and public works-related business remained solid, helped in part by the government's proactive economic policies and supported by private-sector capital investment and streetlight and security-light LED conversion projects. Railway-related business also performed well, driven by ancillary work accompanying safety measures. As a result, revenue was ¥1,471 million, up ¥42 million, or 2.9%, from the same period a year earlier.」

    Streetlight and security-light LED conversion projects and railway-related work involving safety measures remained solid to strong, and related revenue increased 2.9% year on year.
  20. FY2018-Q2RestatedAnnual report

    「General private-sector demand and public works-related business remained solid, helped in part by the government's proactive economic policies and supported by private-sector capital investment and streetlight and security-light LED conversion projects. Railway-related business also performed well, driven by ancillary work accompanying safety measures. As a result, revenue was ¥921 million, up ¥56 million, or 6.5%, from the same period a year earlier.」

    Streetlight and security-light LED conversion projects and railway-related work involving safety measures remained solid to strong, and related revenue increased 6.5% year on year.
  21. FY2018-Q1AdvancedAnnual report

    「General private-sector demand and public works-related business remained solid, supported by streetlight and security-light LED conversion projects. Railway-related business performed well, driven by ancillary work accompanying concrete pole replacement and safety measures. As a result, revenue was ¥455 million, up ¥67 million, or 17.4%, from the same period a year earlier.」

    Streetlight and security-light LED conversion projects, along with railway-related work involving concrete pole replacement and safety measures, remained solid to strong, and related revenue increased 17.4% year on year.
  22. FY2017RestatedAnnual report

    「General private-sector demand and public works-related business remained solid, supported by streetlight and security-light LED conversion projects. Railway-related business also remained solid, driven by ancillary work accompanying concrete pole replacement and safety measures. As a result, revenue was ¥1,917 million, in line with the previous consolidated fiscal year.」

    Streetlight and security-light LED conversion projects, along with railway-related work involving concrete pole replacement and safety measures, were described as sources of continued solid demand, while revenue remained at the previous year's level.
  23. FY2017-Q3SoftenedAnnual report

    「Railway-related business remained solid, supported by ancillary work accompanying concrete pole replacement and safety measures. However, general private-sector demand and public works-related business remained weak. As a result, revenue was ¥1,429 million, down ¥37 million, or 2.5%, from the same period a year earlier.」

    Ancillary railway-related work remained solid, but general private-sector demand and public works-related business, which had previously been solid, weakened, resulting in a 2.5% decline in revenue across the other fields.
  24. FY2017-Q2RestatedAnnual report

    「General private-sector demand and public works-related business remained solid, supported by streetlight and security-light LED conversion projects. Railway-related business also remained solid, driven by ancillary work accompanying concrete pole replacement.」

    Streetlight and security-light LED conversion projects, along with ancillary work related to concrete pole replacement in the railway sector, remained solid.
  25. FY2017-Q1First statedAnnual report

    「General private-sector demand and public works-related business remained firm, supported by street and security lighting LED conversion projects and other work. Railway-related business also remained firm, driven by ancillary work associated with the replacement of concrete poles.」

    The company stated that LED conversion projects in general private-sector and public works, and ancillary work associated with concrete pole replacement in railway-related business, remained firm.
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Steady demand for LED street and security lighting, as well as railway-related products | IWABUCHI CORPORATION (5983) | Komori