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YASKAWA Electric (6506) · FactA shift from higher revenue and earnings in the first quarter to lower revenue and earnings

First-Quarter Revenue and Profit Decline

First written in FY2017-Q2. . Latest entry: FY2025-Q1.

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How it moved
ProgressHeldSoftenedWorseOtherFY2017-Q2 – FY2025-Q12016: 120162017: 120172018: 120182019: 020192020: 120202021: 120212022: 120222023: 120232024: 12024
Same theme, other companies
General Revenue and Earnings Decline in the First QuarterA theme 54 companies write about · 74 as a headwind · 1 as a tailwind

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

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Showing 14 of the 54 companies compared. The sentences above are computed from all 54.
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  1. FY2025-Q1A shift from higher revenue and earnings in the first quarter to lower revenue and earningsAnnual report

    「Against this backdrop, the Group's revenue declined, particularly in motion control, compared with the same period of the previous year, which was supported by a high level of orders outstanding. Earnings also declined, substantially affected by the impact of lower revenue.」

    Following higher revenue and earnings in the first quarter of the previous year, the current quarter saw lower revenue and earnings, with revenue down 7.1% and operating income down 32.4%.
  2. FY2024-Q1Revenue and earnings growth continued in the first quarterAnnual report

    「Against this backdrop, the Group increased revenue by recovering production delayed by component shortages and the impact of lockdowns in China, working down its order backlog, and benefiting from the weaker yen. Although profit was affected by the absence of other income that had temporarily arisen in the previous fiscal year from a change in the retirement pension plan, operating income increased year on year due to improved production efficiency and operating rates, as well as improved profitability from passing higher raw material costs on to customers.」

    Following higher revenue and earnings in the first quarter of the previous year, the current quarter also saw higher revenue and earnings, with revenue up 18.5%, operating income up 17.9%, and quarterly profit attributable to owners of the parent up 12.6%.
  3. FY2023-Q1Revenue and earnings growth continued in the first quarterAnnual report

    「In addition to a temporary decline in sales in China, production was affected by supply constraints caused by shortages of components, including semiconductors, whose shortages continued for an extended period. However, sales remained firm in regions outside China, resulting in a year-on-year increase in revenue. Although profit was affected by higher raw material costs, operating income increased due in part to the yen's depreciation and the reversal of liabilities related to retirement benefits following a change in the retirement pension plan.」

    Following higher revenue and earnings in the first quarter of the previous year, the current quarter also saw higher revenue and earnings, with revenue up 1.1% and operating income up 7.8%.
  4. FY2022-Q1A turnaround to substantial revenue and earnings growth in the first quarterAnnual report

    「Against this backdrop, the Group captured strong global demand, centered on the AC servo motor and controller business and the robotics business, resulting in a substantial year-on-year increase in revenue.」

    Following lower revenue and earnings in the first quarter of the previous year, the current quarter saw a turnaround to substantial growth, with revenue up 31.1% and operating income up 107.9%.
  5. FY2021-Q1First-Quarter Revenue and Profit DeclineAnnual report

    「Revenue ¥10.7443 billion ¥9.0802 billion △15.5% Operating income ¥794.6 million ¥622.7 million △21.6%」

    From the high levels recorded in the same period of the previous year, revenue and operating income both declined in FY2021-Q1.
  6. FY2019-Q1High levels despite differing comparison periodsAnnual report

    「As a result, the results for the fiscal year were as follows.」

    Year-on-year comparisons were not provided because the fiscal year-end was changed, but revenue was ¥12.8216 billion, operating income was ¥1.719 billion, ordinary income was ¥1.6763 billion, and quarterly net income attributable to owners of the parent was ¥1.5718 billion.
  7. FY2018-Q2Shifted from lower revenue and profits to substantial increases in both revenue and profits.Annual report

    「For the first quarter of the current consolidated fiscal year (21 March 2017 to 20 June 2017), the Group's revenue increased substantially year on year, as it effectively captured strong demand for semiconductor- and electronic component-related products, particularly as sales in the AC servo motor and controller business remained strong. Operating income also increased substantially year on year, mainly due to higher revenue.」

    After turning around from lower revenue and earnings in the same period of the previous year, revenue increased 18.9%, operating income 141.9%, ordinary income 138.3%, and quarterly net income attributable to owners of the parent 185.0%.
  8. FY2017-Q2First statedAnnual report

    「As a result, for the first quarter of the current consolidated fiscal year, the Group reported revenue of ¥9.038 billion, down 10.6% year on year, operating income of ¥546.5 million, down 40.2%, ordinary income of ¥527.3 million, down 47.2%, and quarterly net income attributable to owners of the parent of ¥343.8 million, down 40.5%. Revenue and earnings declined year on year, partly due to the impact of foreign exchange rates.」

    In the first quarter, revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all declined year on year.
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YASKAWA Electric's next results are scheduled for 2026-10-09. Read the earnings preview
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