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Toyo Denki Seizo K.K.(Toyo Electric Mfg.Co.,Ltd.) (6505) · FactRestated

Higher Orders in the Information Equipment Business Driven by Large Station Equipment Projects

First written in FY2017-Q2. 8 of 28 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.

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ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2020-Q1OtherFY2021-Q1 – FY2022-Q32017: 320172018: 420182019: 420192020: 220202021: 320212022: 320222023: 320232024: 220242025: 220252026: 22026
Same theme, other companies
Expansion of orders for station operations equipment development projectsA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

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

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  1. FY2026RestatedAnnual report

    「Order intake was ¥1.3 billion, down 17.8% from the previous fiscal period, due to the drop-off following the previous period's large projects.」

    In the ICT Solutions business, order intake and revenue declined due to the drop-off following the previous period's large projects, resulting in a full-year segment loss of ¥30 million. The same business trend observed in the interim period is also evident for the full year.
  2. FY2026-H1ICT order intake and revenue declined, with a loss recorded, following the previous period's large projectsAnnual report

    「Order intake was ¥371 million, down 51.3% year on year. Revenue was ¥401 million, down 42.3% year on year, due to the drop-off following the previous period's large projects. Segment profit decreased by ¥361 million year on year due to higher costs associated with system deliveries and the drop-off in revenue, resulting in a segment loss of ¥170 million.」

    In the ICT Solutions business, order intake and revenue declined due to the drop-off following the previous period's large projects and other factors, resulting in a segment loss.
  3. FY2025AdvancedAnnual report

    「A QR code payment function was added to the onboard voucher issuance application used by conductors on trains.」

    The ICT Solutions business enabled QR code payments on station equipment and is also advancing AI development for a human motion detection system.
  4. FY2025-H1AdvancedAnnual report

    「Order intake was ¥763 million, up 109.5% year on year, due to an increase in orders for station equipment supporting cashless payments. Revenue was ¥695 million, up 43.7% year on year, as large projects ordered in the previous period progressed smoothly, among other factors.」

    In the ICT Solutions business, order intake, revenue and segment profit exceeded the year-earlier levels, supported by orders for station equipment compatible with cashless payments and progress on large projects ordered in the previous period.
  5. FY2024Drop-off in spot projects in the ICT Solutions businessAnnual report

    「The company received orders for software development to improve services for railway passengers, including cashless payment support, in station equipment systems, and for monitoring IoT devices installed on mobile assets in remote monitoring systems. However, order intake and revenue both declined due to the drop-off in spot projects from the previous period.」

    In the ICT Solutions business, orders related to cashless payments and remote monitoring were received, but order intake fell 14.3%, revenue fell 9.3% and segment profit fell 23.9% due to the drop-off in spot projects from the previous period.
  6. FY2024-Q2Declines in order intake, revenue and profit following the drop-off in demand for software modificationsAnnual report

    「Order intake was ¥364 million, down 45.7% year on year, due to the drop-off in demand for software modifications for station equipment systems following the previous period's fare revisions and new line openings, among other factors. Revenue was ¥483 million, down 3.9% year on year, mainly because of a decline in sales for station equipment systems. Segment profit was ¥119 million, down 2.3% year on year, due to the decline in revenue and other factors.」

    In the ICT Solutions business, order intake fell 45.7% year on year due to the drop-off in demand for software modifications following the previous period's fare revisions and new line openings. Revenue and segment profit also fell below the year-earlier levels.
  7. FY2024-Q1Declines in order intake, revenue and profit in the ICT Solutions businessAnnual report

    「Order intake was ¥270 million, down 2.5% year on year. Revenue was ¥234 million, down 22.4% year on year. Segment profit was ¥60 million, down 27.5% year on year, due to the decline in revenue and other factors.」

    In the ICT Solutions business, orders for software modifications related to fare revisions and other factors remained firm, but order intake, revenue and segment profit all fell below the year-earlier levels.
  8. FY2023-Q3AdvancedAnnual report

    「Order intake was ¥1,147 million, up 61.0% year on year. Revenue was ¥907 million, up 62.8% year on year. Segment profit was ¥284 million, up 156.1% year on year, due to the recovery in revenue and other factors.」

    In the ICT Solutions business, order intake and revenue increased substantially, while segment profit improved to ¥284 million, up 156.1% year on year.
  9. FY2023-Q2AdvancedAnnual report

    「Orders received rose 92.4% year on year to ¥670 million. Net sales rose 62.6% to ¥503 million. Segment profit rose 148.4% to ¥121 million, owing to the recovery in net sales and other factors.」

    In the ICT Solutions segment, orders received and net sales increased, and segment profit improved 148.4% year on year to ¥121 million.
  10. FY2023-Q1AdvancedAnnual report

    「Orders received rose 78.4% year on year to ¥277 million, owing to an increase in station equipment software modifications and other factors. Net sales rose 164% to ¥302 million. Segment profit increased by ¥88 million year on year to ¥83 million, reflecting a recovery in net sales and other factors.」

    In the ICT Solutions segment, which corresponds to the former Information Equipment segment, orders received and net sales increased owing to station equipment software modifications and other factors, while segment profit improved from a loss in the previous year to ¥83 million.
  11. FY2022-Q3RestatedAnnual report

    「Orders received rose 67.8% year on year to ¥712 million. Net sales fell 34.5% to ¥557 million. Segment profit fell 54.5% to ¥111 million owing to the decline in net sales and other factors.」

    In the Information Equipment segment, orders received increased, while net sales and segment profit continued to fall below the previous year’s levels.
  12. FY2022-Q2Orders increased, but net sales and profit declinedAnnual report

    「Orders received rose 65.2% year on year but remained at ¥348 million. Net sales fell 48.8% to ¥309 million. Segment profit fell 72.1% to ¥49 million owing to the decline in net sales and other factors.」

    In the Information Equipment segment, orders received rose 65.2% year on year, while net sales fell 48.8% and segment profit fell 72.1%.
  13. FY2022-Q1Orders increased, but net sales and profit deterioratedAnnual report

    「Orders received rose 69.8% year on year but remained at ¥155 million. Net sales fell 62.5% to ¥114 million. Segment profit declined by ¥111 million year on year, resulting in a segment loss of ¥5 million, owing to the decline in net sales and other factors.」

    Although orders received in the Information Equipment segment increased year on year, they remained at ¥155 million, while net sales declined, resulting in a segment loss.
  14. FY2021-Q3The pullback in demand for software modifications continued and widenedAnnual report

    「Orders received fell 68.7% year on year to ¥424 million owing to the continued pullback from demand for software modifications and other factors related to the consumption tax rate revision in the previous fiscal year. Net sales fell 36.5% to ¥851 million for the same reasons. Segment profit fell 37.2% to ¥244 million owing to the decline in net sales.」

    The pullback in demand for software modifications related to the previous fiscal year’s consumption tax rate revision continued, and orders received, net sales and segment profit all declined in the cumulative third quarter.
  15. FY2021-Q2The pullback in demand for software modifications also spread to ordersAnnual report

    「Orders received fell 72.5% year on year to ¥210 million owing to the pullback from demand for software modifications and other factors related to the consumption tax rate revision in the previous fiscal year. Net sales fell 23.5% to ¥604 million for the same reasons. Segment profit fell 28.9% to ¥175 million owing to the decline in net sales.」

    The pullback in demand for software modifications related to the previous fiscal year’s consumption tax rate revision continued, and orders received, net sales and segment profit all declined in the cumulative second quarter.
  16. FY2021-Q1Orders and sales declined on the pullback from software modifications and other projects in the previous fiscal yearAnnual report

    「Orders received fell 83.6% year on year to ¥91 million owing to the pullback from software modifications and other projects related to the consumption tax rate revision in the previous fiscal year. Net sales fell 16.9% to ¥305 million for the same reason. Segment profit rose 19.1% to ¥106 million, reflecting efforts to strengthen cost management and other measures.」

    In the Information Equipment segment, orders received and net sales declined owing to the pullback from software modifications and other projects related to the consumption tax rate revision in the previous fiscal year, while segment profit increased owing to stronger cost management and other measures.
  17. FY2020-Q3AdvancedAnnual report

    「Orders received rose 48.2% year on year to ¥1,355 million, owing to software modifications associated with the consumption tax rate revision and the spring timetable revision, as well as an increase in multifunction issuing machines, among other factors. Net sales rose 21.9% to ¥1,339 million for the same reasons. Segment profit rose 82.4% to ¥388 million, also for the same reasons.」

    From the previous fiscal year, which benefited from large-scale station equipment projects, orders received, net sales and segment profit have increased owing to software modifications, work related to the spring timetable revision and an increase in multifunction issuing machines.
  18. FY2020-Q1Orders increased on software modifications and multifunction issuing machines despite the pullback from large-scale projectsAnnual report

    「Orders received rose 125.6% year on year to ¥559 million, owing to software modifications associated with the consumption tax rate revision and an increase in multifunction issuing machines, among other factors. Net sales fell 18.0% to ¥367 million owing to the impact of the pullback from the large-scale projects received in the previous year.」

    In the Information Equipment segment, net sales declined owing to the pullback from the previous year’s large-scale projects, while orders received increased owing to software modifications associated with the consumption tax rate revision and an increase in multifunction issuing machines.
  19. FY2019RestatedAnnual report

    「Orders received in the Information Equipment segment fell 27.3% year on year to ¥1,756 million, owing to the pullback from a large-scale project received in the previous year.」

    The company states that the pullback from the previous year’s large-scale station equipment project contributed to the full-year decline in orders received and net sales in the Information Equipment segment.
  20. FY2019-Q3RestatedAnnual report

    「Orders received fell 55.1% year on year to ¥914 million, owing to the pullback from a large-scale project received in the previous year. Net sales fell 27.1% to ¥1,098 million owing to the impact of the pullback in orders. Segment profit rose 36.6% to ¥213 million, owing to improvements in factory profitability and other factors.」

    In the Information Equipment segment, orders received and net sales declined owing to the pullback from the previous year’s large-scale project, while segment profit increased owing to improvements in factory profitability and other factors.
  21. FY2019-Q2RestatedAnnual report

    「Orders received fell 55% year on year to ¥621 million, owing to the pullback from a large-scale project received in the previous year. Net sales rose 2.8% to ¥724 million, owing to an increase in new onboard ticket issuing machines.」

    In the Information Equipment segment, orders received declined owing to the pullback from the previous year’s large-scale project, while net sales increased owing to an increase in new onboard ticket issuing machines.
  22. FY2019-Q1Orders declined owing to the pullback from large-scale projects, while sales from projects received in the previous fiscal year continuedAnnual report

    「Orders received fell 73.5% year on year to ¥248 million, owing to the pullback from a large-scale project received in the same period of the previous year. Net sales rose 101.8% to ¥448 million, owing to sales from a large-scale project received in the previous fiscal year.」

    For large-scale projects, orders received declined on the pullback from projects ordered in the same period of the previous year, while net sales increased on sales from projects ordered in the previous fiscal year.
  23. FY2018AdvancedAnnual report

    「Orders received rose 35.1% year on year to ¥2,416 million, owing to an order for a large-scale station equipment project. Net sales rose 101.8% to ¥2,801 million for the same reason.」

    Orders for a large-scale station equipment project contributed to increases in orders received and net sales for the full year as well.
  24. FY2018-Q3AdvancedAnnual report

    「Orders received rose 36.4% year on year to ¥2,034 million, owing to an order for a large-scale station equipment project. Net sales rose 30.9% to ¥1,506 million for the same reason.」

    In the Information Equipment segment, the company received an order for a large-scale station equipment project, and orders received and net sales exceeded the previous year.
  25. FY2018-Q2RestatedAnnual report

    「Orders received rose 5.6% year on year to ¥1,382 million, owing to an increase in station equipment orders. Net sales rose 50.4% to ¥704 million, also owing to an increase in station equipment.」

    In the Information Equipment segment, increases in station equipment orders and net sales continued to be cited as performance drivers.
  26. FY2018-Q1Orders reversed from an increase driven by large-scale station equipment projects to a declineAnnual report

    「Orders received fell 12.3% year on year to ¥936 million, owing to a decline in station equipment orders.」

    Through the previous quarter, the company had reported increased station equipment orders driven by large-scale projects, but station equipment orders declined in the first quarter under review.
  27. FY2017-Q3RestatedAnnual report

    「Orders received rose 93.8% year on year to ¥1,491 million, owing to an increase in station equipment orders driven by large-scale projects. Net sales rose 76.6% to ¥1,150 million for the same reason.」

    In the Information Equipment segment, orders for large-scale station equipment projects continued to drive increases in orders received and net sales in the cumulative third quarter.
  28. FY2017-Q2First statedAnnual report

    「Orders received rose 226.0% year on year to ¥1,309 million, owing to an increase in station equipment orders driven by large-scale projects. Net sales rose 42.8% to ¥468 million, also owing to an increase in station equipment.」

    In the Information Equipment segment, orders received and net sales exceeded the previous year, driven by orders for large-scale station equipment projects.
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Higher Orders in the Information Equipment Business Driven by Large Station Equipment Projects | TOYO DENKI SEIZO K.K.(TOYO ELECTRIC MFG.CO.,LTD.) (6505) | Komori