Stagnant new capital investment in automatic distribution-line switches and sluggish demand growth
First written in FY2017. 10 of 31 entries say "Restated". Latest entry: 2026-07-31.
No other company in this theme has enough history to compare yet.
- 2026-07-31AdvancedEarnings
「電力会社向け配電用自動開閉器につきましては、次世代型への更新需要の拡大や配電設備強化の動きが継続したことなどにより、売上増となりました。」
次世代型更新需要の拡大と配電設備強化が継続し、電力会社向け配電用自動開閉器は売上増となった。 - FY2026AdvancedAnnual report
「Sales of automatic distribution switches for electric power companies increased due to expanding demand for upgrades to next-generation models, progress in installation work for distribution equipment and other factors. As a result, total sales of automatic distribution switches amounted to ¥14,295 million, up 8.1% year on year.」
Against the previous demand risks from stagnant new capital investment and construction of next-generation power distribution networks, demand for next-generation model upgrades and progress in installation work drove full-year sales for the product category up 8.1% year on year. - 2026-05-08AdvancedEarnings
「Demand for automatic distribution switches for electric power companies increased, including due to growing demand to renew them with next-generation models and progress in installation work for distribution equipment, resulting in higher sales.」
次世代型更新需要の拡大と取付工事の推進による売上増が通期でも確認された。 - FY2025MitigatedAnnual report
「Sales of automatic distribution switches for electric power companies increased due to expanding demand for upgrades to next-generation models, progress in installation work for distribution equipment and other factors. As a result, total sales of automatic distribution switches amounted to ¥13,225 million, up 8.5% year on year.」
Against the previous demand risks from stagnant new capital investment and construction of next-generation power distribution networks, demand for next-generation model upgrades and progress in installation work drove full-year sales up 8.5% year on year. - FY2025-H1RestatedAnnual report
「Sales of automatic distribution switches for electric power companies increased due to expanding demand for upgrades to next-generation models, progress in installation work for distribution equipment and other factors. As a result, total sales of automatic distribution switches amounted to ¥6,005 million, up 7.6% year on year.」
The recovery in demand continued, and demand for next-generation model upgrades and progress in installation work resulted in a 7.6% year-on-year increase in total sales of automatic distribution switches. - FY2024-Q3RestatedAnnual report
「Demand for automatic distribution switches for electric power companies increased, including due to growing demand to renew them with next-generation models and progress in installation work for distribution equipment, resulting in higher sales.」
Higher sales driven by expanding demand for upgrades to next-generation models and progress in installation work for distribution equipment have continued after the decline in demand and sales through the previous period. - FY2024-Q2RestatedAnnual report
「Demand for automatic distribution switches for electric power companies increased, including due to growing demand to renew them with next-generation models and progress in installation work for distribution equipment, resulting in higher sales.」
Following the previous quarter, progress in installation work for distribution equipment, in addition to expanding demand for upgrades to next-generation models, contributed to higher sales. - FY2024-Q1AdvancedAnnual report
「Demand for automatic distribution switches for electric power companies increased, including due to growing demand to renew them with next-generation models and progress in installation work for distribution equipment, resulting in higher sales.」
In addition to expanding demand for upgrades to next-generation models, progress in installation work for distribution equipment was identified as a new factor, resulting in higher sales of automatic distribution switches for electric power companies. - FY2023-Q3RestatedAnnual report
「Sales of automatic distribution switches for electric power companies increased due to the expansion of demand for upgrades to next-generation models and other factors.」
Higher sales driven by expanding demand for upgrades to next-generation models have continued after the previous period's decline in demand and sales. - FY2023-Q2MitigatedAnnual report
「Sales of automatic distribution switches for electric power companies increased due to the expansion of demand for upgrades to next-generation models and other factors.」
Higher sales driven by expanding demand for upgrades to next-generation models have continued, following the decline in demand for and sales of automatic distribution switches for electric power companies in the previous period. - FY2023-Q1MitigatedAnnual report
「Sales of automatic distribution switches for electric power companies increased due to the expansion of demand for upgrades to next-generation models and other factors.」
The decline in demand for and sales of automatic distribution switches for electric power companies that had continued from the previous period turned into higher sales driven by expanding demand for upgrades to next-generation models. - FY2022RestatedAnnual report
「Demand for automatic distribution switches for electric power companies declined compared with the previous period, resulting in lower sales.」
The decline in demand for and sales of automatic distribution switches for electric power companies continued to be reported for the full fiscal year. - FY2022-Q3RestatedAnnual report
「Demand for automatic distribution switches for electric power companies declined compared with the same period of the previous year, resulting in lower sales. As a result, total sales of automatic distribution switches amounted to ¥7,026 million, up 2.7% year on year.」
Although demand for and sales of automatic distribution switches for electric power companies continued to decline, total sales for the product category, including SOG switches and other products, increased 2.7% year on year. - FY2022-Q2WorsenedAnnual report
「Demand for automatic distribution switches for electric power companies declined compared with the same period of the previous year, resulting in lower sales. As a result, total sales of automatic distribution switches amounted to ¥4,333 million, down 4.4% year on year.」
Although recovering demand and higher sales had been reported through the previous quarter, demand for automatic distribution switches for electric power companies turned downward this time, and total sales of automatic distribution switches also fell 4.4% year on year. - FY2022-Q1WorsenedAnnual report
「Demand for automatic distribution switches for electric power companies declined compared with the same period of the previous year, resulting in lower sales. As a result, total sales of automatic distribution switches amounted to ¥2,087 million, down 13.0% year on year.」
Although recovering demand and higher sales had been reported through the previous quarter, demand turned downward this time, and total sales for the product category fell 13.0% year on year. - FY2021-Q3RestatedAnnual report
「Sales of automatic distribution switches for electric power companies increased as demand turned toward recovery.」
The recovery in demand and higher sales of automatic distribution switches for electric power companies continued to be reported from the previous quarter. - FY2021-Q2RestatedAnnual report
「Sales of automatic distribution switches for electric power companies increased as demand turned toward recovery.」
Higher sales of automatic distribution switches for electric power companies, supported by recovering demand, continued to be reported. - FY2021-Q1MitigatedAnnual report
「Sales of automatic distribution switches for electric power companies increased significantly as demand turned toward recovery. As a result, total sales of automatic distribution switches amounted to ¥2,398 million, up 13.9% year on year.」
Although lower sales caused by stagnation in the construction of next-generation power distribution networks had continued, demand turned toward recovery, and total sales of automatic distribution switches rose 13.9% year on year. - FY2020WorsenedAnnual report
「Sales of automatic distribution switches for electric power companies declined, affected by capital investment restraints at some electric power companies. As a result, total sales of automatic distribution switches amounted to ¥9,719 million, down 1.7% year on year.」
Despite higher sales through the previous quarter as construction of next-generation power distribution networks progressed, full-year sales for the product category fell 1.7% year on year due to capital investment restraints at some electric power companies. - FY2020-Q3RestatedAnnual report
「Sales of automatic distribution switches for electric power companies increased as construction of next-generation power distribution networks made steady progress.」
Higher sales of automatic distribution switches for electric power companies, supported by steady progress in the construction of next-generation power distribution networks, continue. - FY2020-Q2MitigatedAnnual report
「Sales of automatic distribution switches for electric power companies increased as construction of next-generation power distribution networks made steady progress.」
Although lower sales caused by stagnation in the construction of next-generation power distribution networks had continued, construction progressed steadily this time, resulting in higher sales of automatic distribution switches for electric power companies. - FY2020-Q1WorsenedAnnual report
「Sales of automatic distribution switches for electric power companies declined as progress toward building next-generation power distribution networks stagnated. As a result, total sales of automatic distribution switches amounted to ¥2,105 million, down 4.7% year on year.」
Lower sales resulting from stagnation in the construction of next-generation power distribution networks continued, and total sales of automatic distribution switches fell 4.7% year on year. The decline widened from 0.3% in the previous full fiscal year. - FY2019MitigatedAnnual report
「Sales of automatic distribution switches for electric power companies declined as progress toward building next-generation power distribution networks remained sluggish. As a result, total sales of automatic distribution switches amounted to ¥9,891 million, down 0.3% year on year.」
Although sluggish progress toward building next-generation power distribution networks and lower sales remained, the decline in total sales of automatic distribution switches narrowed to 0.3% year on year, from a 14.4% decline in the previous period. - FY2019-Q3MitigatedAnnual report
「Sales of automatic distribution switches for electric power companies declined as progress toward building next-generation power distribution networks remained sluggish. As a result, total sales of automatic distribution switches amounted to ¥6,930 million, down 6.1% year on year.」
Although sluggish progress toward building next-generation power distribution networks and lower sales continued, total sales of automatic distribution switches fell 6.1% year on year, a narrower decline than the 13.3% decline in the previous quarter. - FY2019-Q2MitigatedAnnual report
「Sales of automatic distribution switches for electric power companies declined as progress toward building next-generation power distribution networks remained sluggish. As a result, total sales of automatic distribution switches amounted to ¥4,449 million, down 13.3% year on year.」
Although sluggish progress toward building next-generation power distribution networks and lower sales continued, the decline in total sales of automatic distribution switches narrowed from 15.4% in the previous quarter to 13.3%. - FY2019-Q1WorsenedAnnual report
「Sales of automatic distribution switches for electric power companies declined as progress toward building next-generation power distribution networks remained sluggish. As a result, total sales of automatic distribution switches amounted to ¥2,208 million, down 15.4% year on year.」
Sluggish progress toward building next-generation power distribution networks continued, and total sales of automatic distribution switches fell 15.4% year on year. - FY2018WorsenedAnnual report
「Sales of automatic distribution switches for electric power companies remained sluggish due to the impact of capital investment restraint by some electric power companies. As a result, total sales of automatic distribution switches for distribution networks were ¥9,923 million, down 14.4% year on year.」
Full-year results confirmed lower sales of automatic distribution switches for electric power companies due to capital investment restraints, with sales for the product category down 14.4%. - FY2018-Q3WorsenedAnnual report
「Sales of automatic distribution switches for electric power companies declined as a result of capital investment restraints at some electric power companies. As a result, total sales of automatic distribution switches amounted to ¥7,378 million, down 13.5% year on year.」
Lower sales resulting from capital investment restraints at electric power companies continued, and the year-on-year decline in total sales of automatic distribution switches widened to 13.5%, from a 7.4% decline in the previous quarter. - FY2018-Q2RestatedAnnual report
「Sales of automatic distribution switches for electric power companies also declined, affected by capital investment restraints at some electric power companies. As a result, total sales of automatic distribution switches amounted to ¥5,131 million, down 7.4% year on year.」
Capital investment restraints at electric power companies continued to result in lower sales of automatic distribution switches, while total sales for the product category fell 7.4% year on year. - FY2018-Q1MaterialisedAnnual report
「Sales of automatic distribution switches for electric power companies also declined, as progress toward building next-generation power distribution networks slowed. As a result, total sales of automatic distribution switches amounted to ¥2,610 million, down 8.1% year on year.」
Slower new capital investment and progress toward building next-generation power distribution networks appeared as lower sales of automatic distribution switches for electric power companies, while total sales for the product category fell 8.1% year on year. - FY2017First statedAnnual report
「In our group's business environment, although demand for renewals is expected to expand in the field of automatic distribution switches, one of our main products, new capital investment is expected to remain sluggish.」
For automatic distribution switches, sluggish new capital investment is expected, in contrast to anticipated renewal demand. Full-year results also showed sluggish demand for automatic distribution switches for electric power companies, resulting in lower sales.