Komori
Nittoku (6145) · TargetRFID sales and profit growth alongside declines in orders and order backlogLatest Earnings presentation (2026-08-07): "Other"

Strengthening and Spinning Off the RFID Business

First written in FY2016. 12 of 35 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-07.

35entries
11years
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2018-Q3 – FY2019OtherFY2021-Q2 – FY2022OtherFY2024-Q1 – 2026-08-072016: 320162017: 320172018: 320182019: 320192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
One-Stop Provision of RFID Products and SolutionsA theme 4 companies write about · 0 as a headwind · 4 as a tailwind

0 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-07OtherEarnings presentation

    「非接触ICタグ・カード事業 473 305 412 512 604 549 受注残高 657 343 365 487 633 639 売 上 高 491 619 390 390 458 468」

    2027年3月期第1四半期について、非接触ICタグ・カード事業の連結受注高549百万円、受注残高639百万円、売上高468百万円を開示している。
  2. FY2026RFID sales and profit growth alongside declines in orders and order backlogAnnual report

    「Non-contact IC card sales were ¥1,450 million, down 3.6% from the previous period. Total sales of tags, including FA tags for production-line control and battery tags, were ¥339 million, up 139.6%, as sales of FA tags for production-line control increased amid higher semiconductor demand and other factors.」

    IC card sales declined, while sales of FA tags and battery tags increased 139.6%, driving higher sales and profit across the RFID business. However, orders declined 9.8% and the order backlog declined 27.9%.
  3. FY2026-H1RFID sales increased while the order backlog declinedAnnual report

    「Non-contact IC card sales were ¥847 million, up 14.5% year on year. Total sales of tags, including FA tags for production-line control and battery tags, were ¥226 million, up 377.1%, as sales of FA tags for production-line control increased amid higher semiconductor demand and other factors.」

    Sales of non-contact IC cards and FA tags increased, with total tag sales rising 377.1% year on year. Meanwhile, orders declined 2.4% year on year and the order backlog declined 37.2%, with higher sales coexisting with a smaller backlog.
  4. FY2025Sales and profit declined due to tag inventory adjustments while the order backlog increasedAnnual report

    「During the period, non-contact IC card sales declined 7.4% from the previous period. Total sales of tags, including FA tags for production-line control and battery tags, declined 73.0%, mainly due to the impact of customer inventory adjustments for tags ordered in advance during the semiconductor shortage.」

    In the RFID business, sales of IC cards and tags declined, consolidated sales fell 26.4% and segment profit fell 43.3%. Meanwhile, the order backlog was ¥675 million, up 13.9% from the previous period.
  5. FY2025-H1RFID sales and profit declined while the order backlog increasedAnnual report

    「During the interim consolidated accounting period, non-contact IC card sales declined 16.4% year on year. Sales of FA tags for production-line control and battery tags declined 88.3% year on year, mainly due to the impact of increased customer inventories of tags that had been ordered in advance during the semiconductor shortage. As a result, consolidated sales were ¥842 million, down 41.2% year on year, and segment profit (operating profit) was ¥191 million, down 62.9%. On a standalone basis, orders were ¥797 million, down 16.0% year on year, sales (production) were ¥844 million, down 41.0%, and the order backlog at the end of the interim period was ¥546 million, up 11.8%.」

    In the RFID business, sales of IC cards, FA tags and battery tags declined, and segment profit fell 62.9%. Meanwhile, the order backlog increased 11.8% year on year, with weaker sales and profit coexisting with a larger backlog.
  6. FY2024Continued solid IC card performance, a pause in FA and battery tags, and a lower order backlogAnnual report

    「During the period, non-contact IC card sales remained steady, while sales of FA tags for production-line control and battery tags showed signs of a pause compared with the previous period. As a result, consolidated sales were ¥2,437 million, down 10.0% year on year, while segment profit (operating profit) was ¥786 million, up 2.5%. On a standalone basis, orders were ¥2,060 million, down 15.3% year on year, sales were ¥2,437 million, down 10.0%, and the order backlog at period-end was ¥593 million, down 38.9%.」

    In the RFID business, IC cards remained solid and profit increased, while FA tags and battery tags showed signs of a pause. Orders and the order backlog were below the previous year's levels.
  7. FY2024-Q3Solid IC card and battery tag performance, a pause in FA tags, and a lower order backlogAnnual report

    「During the third-quarter cumulative period, revenue from non-contact IC cards and battery tags for production management remained solid. By contrast, revenue from FA tags used to manage production lines other than battery lines showed signs of a pause compared with the same period of the previous fiscal year. As a result, consolidated revenue was ¥1,973 million, down 5.9% year on year, and segment profit (operating profit) was ¥681 million, up 22.6%. On a company-only basis, orders received were ¥1,530 million, down 14.4% year on year, revenue (production value) was ¥1,973 million, down 5.9%, and the order backlog at the end of the third quarter was ¥528 million, down 43.8%.」

    As part of efforts to strengthen the RFID business, sales and profit from IC cards and battery tags increased, but FA tag sales showed signs of a pause, and orders and the order backlog were below the previous year's levels.
  8. FY2024-Q2Higher battery tag revenue coexisted with a lower order backlogAnnual report

    「During the second quarter, demand inquiries centered on non-contact IC cards and battery tags for production management. Non-contact IC card revenue rose 14.3% year on year, while revenue from battery tags for production management increased 3.43-fold as demand for process control on battery production lines grew. As a result, consolidated revenue was ¥1,431 million, up 13.3% year on year, and segment profit (operating profit) was ¥516 million, up 82.8%. On a company-only basis, orders received were ¥949 million, down 4.1% year on year, revenue (production value) was ¥1,431 million, up 13.3%, and the order backlog at the end of the second quarter was ¥489 million, down 49.8%.」

    In the RFID business, sales and profit from non-contact IC cards and battery tags increased, with battery tag sales reaching 3.43 times the previous year's level. Meanwhile, orders declined 4.1% and the order backlog declined 49.8%.
  9. FY2024-Q1Sales and profit increased while the order backlog declinedAnnual report

    「As a result, consolidated sales were ¥661 million, up 22.1% year on year, and segment profit (operating profit) was ¥225 million, up 60.2%. On a standalone basis, orders were ¥505 million, up 5.9% year on year, sales (production) were ¥661 million, up 22.1%, and the order backlog at the end of the first quarter was ¥815 million, down 31.1%.」

    In the RFID business, sales, profit and orders increased, while the order backlog declined 31.1% year on year.
  10. FY2023AdvancedAnnual report

    「During the fiscal year, demand inquiries centered on non-contact IC cards and FA tags for production management. Non-contact IC card revenue rose 41.2% year on year, while revenue from FA tags for production management increased 295.3% as demand for process control on FA lines grew.」

    In the RFID business, sales of non-contact IC cards and FA tags for production control increased. Consolidated sales were ¥2,709 million and segment profit was ¥767 million.
  11. FY2023-Q3AdvancedAnnual report

    「During the third-quarter cumulative period, demand inquiries centered on non-contact IC cards and FA tags for production management. Non-contact IC card revenue rose 72.2% year on year, while revenue from FA tags for production management increased 180.4-fold as demand for process control on FA lines grew.」

    In the RFID business, non-contact IC card sales increased 72.2%, while sales of FA tags for production control increased 180.4-fold. The order backlog at the end of the third quarter also increased 22.1% year on year.
  12. FY2023-Q2AdvancedAnnual report

    「Demand inquiries centered on non-contact IC cards and FA tags for production management. Non-contact IC card revenue rose 59.0% year on year, while revenue from FA tags for production management increased 145.9-fold as demand for process control on FA lines grew.」

    In the RFID business, non-contact IC card sales increased 59.0%, while sales of FA tags for production control increased 145.9-fold. The order backlog also expanded 157.4% year on year.
  13. FY2023-Q1AdvancedAnnual report

    「Demand inquiries from customers for non-contact IC cards and FA tags for production management remained brisk. Non-contact IC card revenue rose 48.3% year on year, while revenue from FA tags for production management increased 29.4-fold. As a result, consolidated revenue was ¥541 million, up 56.9% year on year, and segment profit (operating profit) was ¥140 million, up 8.9%. On a company-only basis, orders received were ¥477 million, up 1.5% year on year, revenue (production value) was ¥541 million, up 56.9%, and the order backlog at the end of the first quarter was ¥1,184 million, up 201.2%.」

    In the RFID business, customer inquiries for FA tags and IC cards remained strong. FA tag sales were 29.4 times higher year on year, while the order backlog increased 201.2% year on year.
  14. FY2022Continued increase in FA tag orders and decline in IC card revenue, alongside a higher order backlogAnnual report

    「Sales declined as the non-contact IC card business, which had been performing steadily in the previous period, showed signs of a pause. Meanwhile, FA tags continued to attract strong customer inquiries, and orders increased to more than twice the previous period's level.」

    While sales of non-contact IC cards continued to decline, FA tag orders reached more than twice the previous period's level. Performance differed by product group within the business.
  15. FY2022-Q3Continued increase in FA tag orders and decline in IC card revenue, alongside a higher order backlogAnnual report

    「During the third-quarter cumulative period, the non-contact IC card business, which had remained solid in the previous fiscal year, took a pause and revenue declined, while demand inquiries for FA tags remained brisk and orders increased.」

    In the RFID business, sales of contactless IC cards declined, while orders for FA tags increased. Orders were ¥1,585 million, up 73.8% year on year, and order backlog was ¥769 million, up 75.8%.
  16. FY2022-Q2Higher FA tag orders coexisted with lower IC card revenueAnnual report

    「During the second-quarter cumulative period, the non-contact IC card business, which had been solid in the previous fiscal year, took a pause and revenue declined. Demand inquiries for FA tags were also brisk and orders increased. As a result, consolidated revenue was ¥697 million, down 34.1% year on year, and segment profit (operating profit) was ¥225 million, down 13.3%. On a company-only basis, orders received were ¥807 million, up 64.3% year on year, revenue (production value) was ¥697 million, down 34.1%, and the order backlog at the end of the second quarter was ¥378 million, down 31.7%.」

    In the RFID business, sales of contactless IC cards declined, while inquiries and orders for FA tags increased. Orders increased, but sales and order backlog declined, indicating that the nature of the recovery differed by product group.
  17. FY2022-Q1Recovery in orders received coexisted with declines in revenue and the order backlogAnnual report

    「The non-contact IC card business took a pause and revenue declined. As a result, consolidated revenue was ¥345 million, down 34.9% year on year, and segment profit (operating profit) was ¥129 million, up 16.1%. On a company-only basis, orders received were ¥470 million, up 78.9% year on year, revenue (production value) was ¥345 million, down 34.9%, and the order backlog at the end of the first quarter was ¥393 million, down 53.9%.」

    In the RFID business, orders increased 78.9% year on year, while sales decreased 34.9% and order backlog decreased 53.9%. The recovery in orders coincided with revenue recognition from existing projects and a decline in backlog.
  18. FY2021Continued conversion of large orders into revenue and decline in the order backlogAnnual report

    「Production remained solid following the large non-contact IC card order secured in the previous fiscal year. As a result, consolidated revenue was ¥1,974 million, up 40.6% year on year, and segment profit (operating profit) was ¥480 million, up 31.2%. On a company-only basis, orders received were ¥1,122 million, down 51.1%, revenue was ¥1,974 million, up 40.6%, and the order backlog at the end of the fiscal year was ¥268 million, down 76.1%.」

    The RFID business saw sales and profit increase through the large IC card project received in the previous fiscal year, but orders and order backlog declined substantially, and the recovery was not accompanied by an accumulation of new orders.
  19. FY2021-Q3Continued conversion of large orders into revenue and decline in the order backlogAnnual report

    「Production remained solid following the large non-contact IC card order secured in the previous fiscal year. As a result, consolidated revenue was ¥1,594 million, up 69.1% year on year, and segment profit (operating profit) was ¥404 million, up 50.9%. Following the drop-off of the large order secured in the previous fiscal year, orders received on a company-only basis declined to ¥912 million, down 53.2% year on year, while revenue (production value) rose sharply to ¥1,594 million, up 69.1%. The order backlog at the end of the third quarter was ¥437 million, down 64.6%.」

    The RFID business saw sales and profit increase through production of the large IC card project, but orders and order backlog declined further, and the recovery continued to depend on recognizing revenue from existing projects.
  20. FY2021-Q2Revenue growth coexisted with a decline in orders receivedAnnual report

    「Production remained solid following the large non-contact IC card order secured in the previous fiscal year. As a result, consolidated revenue was ¥1,057 million, up 72.4% year on year, and segment profit (operating profit) was ¥260 million, up 39.8%. Following the drop-off of the large order secured in the previous fiscal year, orders received on a company-only basis fell sharply to ¥491 million, down 71.1% year on year, while revenue (production value) rose sharply to ¥1,057 million, up 72.4%. The order backlog at the end of the second quarter was ¥554 million, down 57.9%.」

    The RFID business saw sales and profit increase through production of the large IC card order received in the previous fiscal year, but orders and order backlog declined substantially. The recovery therefore depended on recognizing revenue from existing projects rather than accumulating new orders.
  21. FY2021-Q1AdvancedAnnual report

    「During the first-quarter cumulative period, sales remained solid following a large non-contact IC card project in the previous fiscal year. As a result, consolidated revenue was ¥530 million, up 70.7% year on year, and segment profit (operating profit) was ¥111 million, down 13.0%. On a company-only basis, orders received were ¥263 million, down 7.8% year on year, revenue (production value) was ¥530 million, up 70.7%, and the order backlog at the end of the first quarter was ¥853 million, up 312.0%.」

    The RFID business, which had recovered after a period of weakness, saw sales increase 70.7% year on year and order backlog increase 312.0%, following a large IC card project in the previous fiscal year. Segment profit declined year on year.
  22. FY2020AdvancedAnnual report

    「As a result, in the contactless IC tag and card business, consolidated net sales were ¥1,404 million, up 44.2% from the previous fiscal year, and segment profit, or operating profit, was ¥366 million, up 206.5%. On a non-consolidated basis, orders were ¥2,293 million, up 124.8%, sales were ¥1,404 million, up 44.2%, and the order backlog at the end of the fiscal year was ¥1,120 million, up 382.3%.」

    The RFID business recovered from its slump, with substantial increases in sales, profit, orders and order backlog. Order backlog in particular rose 382.3% from the previous fiscal year.
  23. FY2020-Q3AdvancedAnnual report

    「During the first nine months of the consolidated fiscal year, orders included a large order driven by demand for the wider adoption of IC cards. Production of this order will continue through the next fiscal year.」

    The RFID business received a large order driven by demand for the wider adoption of IC cards, and production is expected to continue through the next fiscal year. Sales were ¥942 million, up 49.4% year on year, and order backlog was ¥1,236 million, up 307.8%.
  24. FY2020-Q2AdvancedAnnual report

    「During the first six months of the consolidated fiscal year, IC tags for production management showed signs of recovery, and orders included a large order driven by demand for the wider adoption of IC cards. As a result, in the contactless IC tag and card business, consolidated net sales were ¥613 million, up 49.4% year on year, and segment profit, or operating profit, was ¥185 million, compared with ¥8 million in the same period of the previous year.」

    The previously sluggish RFID business continued to recover in IC tags for production management, while large orders driven by demand for IC card adoption also contributed, resulting in substantial increases in sales, profit, orders and order backlog.
  25. FY2020-Q1AdvancedAnnual report

    「During the first three months of the consolidated fiscal year, IC tags for production management showed signs of recovery, with increases in orders and sales. As a result, in the contactless IC tag and card business, consolidated net sales were ¥310 million, up 53.6% year on year, and segment profit, or operating profit, was ¥128 million, up 1,739.3%.」

    The RFID business, which had been weak through the previous fiscal year, showed signs of recovery in IC tags for production management, with sales and profit exceeding the same period of the previous year. No progress on the spin-off was stated.
  26. FY2019WorsenedAnnual report

    「Contactless IC tags fell below the initial forecast because the main user postponed expansion, public-sector customers deferred implementation within the fiscal year, and payment-related orders were pushed back. As a result, in the contactless IC tag and card business, consolidated net sales were ¥974 million, down 25.2% from the previous fiscal year, and segment profit, or operating profit, was ¥119 million, down 61.7%.」

    Sales and segment profit fell below the previous fiscal year because the main user postponed expansion, public-sector customers deferred implementation, and payment-related orders were pushed back. Weakness in the RFID business continued.
  27. FY2019-Q1WorsenedAnnual report

    「During the first three months of the consolidated fiscal year, demand for the Company’s existing IC tags for production management paused, resulting in declines in orders and sales. As a result, in the contactless IC tag and card business, consolidated net sales were ¥202 million, down 46.7% year on year, and segment profit, or operating profit, was ¥6 million, down 93.9%. On a non-consolidated basis, orders were ¥204 million, down 55.4%, sales, or production, were ¥202 million, down 46.7%, and the order backlog at the end of the first quarter was ¥188 million, down 60.4%.」

    Demand for existing IC tags for production management paused, resulting in year-on-year declines in sales, profit, orders and order backlog, and continued weakness in the RFID business.
  28. FY2018WorsenedAnnual report

    「During the consolidated fiscal year, orders and sales of RFID tags for production management declined because plans to increase production at a major manufacturing customer’s sales destination were delayed. The company advanced the development of intelligent tags with high-capacity, long-life memory for future smart factories, high-performance readers and writers, and sales development for pet microchips, but these efforts did not offset the decline.」

    RFID sales decreased 27.0%, orders decreased 42.9% and order backlog decreased 53.2%. Development and sales development of intelligent tags and other products failed to offset the declines.
  29. FY2018-Q3WorsenedAnnual report

    「During the first nine months of the consolidated fiscal year, customer adoption of FA tags for production management and ID cards slowed, resulting in year-on-year declines. As a result, in the contactless IC tag and card business, consolidated net sales were ¥968 million, down 29.1% year on year, and segment profit, or operating profit, was ¥224 million, down 16.9%. On a non-consolidated basis, orders were ¥815 million, down 45.0%, sales, or production, were ¥968 million, down 29.1%, and the order backlog at the end of the third quarter was ¥244 million, down 36.8%.」

    Customer adoption slowed, resulting in year-on-year declines in sales, segment profit, orders and order backlog. The RFID business’s growth indicators weakened further from the previous quarter.
  30. FY2018-Q2SoftenedAnnual report

    「During the first six months of the consolidated fiscal year, FA tags for production management performed steadily in terms of sales. In terms of orders, credit cards as well as FA tags for production management performed steadily. As a result, in the contactless IC tag and card business, consolidated net sales were ¥724 million, down 3.5% year on year, and segment profit, or operating profit, was ¥186 million, up 39.4%. On a non-consolidated basis, orders were ¥595 million, down 50.1%, sales, or production, were ¥724 million, down 3.5%, and the order backlog at the end of the second quarter was ¥269 million, down 62.3%.」

    Profit increased year on year, while sales, orders and order backlog all declined, weakening the growth indicators through the previous filing. No withdrawal of the spin-off policy was stated.
  31. FY2018-Q1AdvancedAnnual report

    「As a result, in the contactless IC tag and card business, consolidated net sales were ¥379 million, up 47.0% year on year, and segment profit, or operating profit, was ¥114 million, up 272.7%.」

    Sales in the contactless IC tag and card business increased 47.0%, while segment profit increased 272.7%, indicating continued growth in the RFID business.
  32. FY2017-Q3AdvancedAnnual report

    「In the contactless IC tag and card business, consolidated net sales were ¥1,367 million, up 44.6% year on year, and segment profit, or operating profit, was ¥270 million, up 75.9%. On a non-consolidated basis, orders were ¥1,481 million, up 44.2%, sales, or production, were ¥1,367 million, up 44.6%, and the order backlog at the end of the third quarter was ¥387 million, up 21.5%.」

    Sales, profit, orders and order backlog in the contactless IC tag and card business all increased year on year, indicating further growth in the RFID business.
  33. FY2017-Q2AdvancedAnnual report

    「In the non-contact IC tag and card business, consolidated sales were ¥750 million, up 36.9% year on year, and segment profit (operating profit) was ¥133 million, up 149.8%. On a non-consolidated basis, orders were ¥1,192 million, up 51.3%, sales (production) were ¥750 million, up 36.9%, and order backlog at the end of the second quarter was ¥714 million, up 49.9%.」

    In the contactless IC tag and card business, corresponding to the RFID business, sales, profit, orders and order backlog all increased year on year. No specific progress on the spin-off was stated.
  34. FY2017-Q1RestatedAnnual report

    「In the contactless IC tag and card business, orders have continued to trend upward from the previous fiscal year. As a result, consolidated net sales were ¥258 million, down 5.6% year on year, while segment profit, or operating profit, was ¥30 million, up 8.5%.」

    The company explained that orders in the contactless IC tag and card business have continued to trend upward from the previous fiscal year, reaffirming its policy of continuously strengthening the RFID business.
  35. FY2016First statedAnnual report

    「In addition to the strong IC card business, the RFID business is expanding and strengthening sales, including systems, alongside the development and production of intelligent IoT devices, smart-factory production-management devices and biometric tags for pets and livestock, centered on proprietary glass-tube tags with excellent durability and water resistance. The company aims to spin off the business as a growth business.」

    The company has expanded beyond IC cards into glass-tube tags and devices for IoT and smart factories, and aims to strengthen sales and spin off the business as a growth business.
Moved together

"Expanding Winding Machine Market Share and Expanding into Non-Winding Equipment" moved the same way as this thread, in the same document, in 11 of its 35 moves.

1166655★123456
  1. ★This thread
  2. 1Expanding Winding Machine Market Share and Expanding into Non-Winding Equipment11×
  3. 2Automation and Integrated Production-Line Equipment for Small, Precision, High-Quality Devices6×
  4. 3Investment in Technology, IT, Human Capital Development, M&A and Alliances6×
  5. 4Continued R&D in Original Technologies6×
  6. 5Stepping Up to a Precision FA Manufacturer5×
  7. 6Expansion into Factory Automation and Globalisation5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Nittoku yet. It last moved in the Earnings presentation of 2026-08-07: "Other".
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