Continued Decline in Earnings in the FPD-Related Equipment Business
First written in FY2016. 8 of 20 entries say "Mitigated", first in FY2018. Latest entry: FY2023-Q3.
0 other companies' latest entry also says "Mitigated".
- FY2023-Q3MitigatedAnnual report
「All shares in 大崎エンジニアリング株式会社 held by the Company were sold. As a result, the company was excluded from the scope of consolidation; it had previously been classified under the Manufacturing Equipment Business reporting segment.」
The sale of all shares in 大崎エンジニアリング, which had operated the manufacturing equipment business, and its exclusion from the scope of consolidation were reconfirmed, reducing the group's exposure to the business's continued deterioration in profitability. - FY2023-Q2MitigatedAnnual report
「During the second quarter of the fiscal year, all shares in 大崎エンジニアリング株式会社 held by the Company were sold. As a result, the company was excluded from the scope of consolidation; it had previously been classified under the Manufacturing Equipment Business reporting segment.」
大崎エンジニアリング, which had operated the manufacturing equipment business, was excluded from the scope of consolidation, reducing the group's exposure to the business's continued deterioration in profitability. - FY2023-Q1MitigatedAnnual report
「In the equipment manufacturing business, revenue increased 363.4% year on year to ¥301 million due in part to the easing of the impact of COVID-19, and operating profit was ¥5 million, compared with an operating loss of ¥116 million in the same period of the previous year.」
The manufacturing equipment business reported higher revenue, partly because of the easing of the impact of COVID-19, and swung from an operating loss to profitability, easing the continued deterioration in profitability. - FY2022-Q3WorsenedAnnual report
「In the equipment manufacturing business, revenue declined 36.4% year on year to ¥547 million due mainly to lower orders resulting from the impact of COVID-19, and the business recorded an operating loss of ¥229 million, compared with an operating loss of ¥177 million in the same period of the previous year.」
The operating loss, which had continued, widened from ¥177 million to ¥229 million due to lower orders. - FY2022-Q2WorsenedAnnual report
「In the equipment manufacturing business, revenue declined 46.3% year on year to ¥337 million due mainly to lower orders resulting from the impact of COVID-19, and the business recorded an operating loss of ¥162 million, compared with an operating loss of ¥94 million in the same period of the previous year.」
In the manufacturing equipment business, which had changed from maintaining profitability to recording an operating loss, the loss widened from ¥94 million in the same period of the previous year to ¥162 million due to lower orders. - FY2022-Q1WorsenedAnnual report
「In the equipment manufacturing business, revenue declined 85.5% year on year to ¥64 million due mainly to a substantial decline in orders caused by the impact of COVID-19, and the business recorded an operating loss of ¥116 million, compared with operating profit of ¥24 million in the same period of the previous year.」
The manufacturing equipment business, which had previously remained profitable as part of the Other and FPD-related equipment operations, swung to an operating loss due to lower orders, making the deterioration in profitability evident again. - FY2020Lower revenue and operating profit while remaining profitableAnnual report
「Revenue was ¥1,905 million, down 11.5% year on year, and operating profit was ¥210 million, down 28.5% year on year, due to lower revenue from sensor device and high-performance device-related equipment in the FPD-related equipment business.」
The Other segment, which includes the FPD-related equipment business, reported lower revenue and operating profit but maintained a ¥210 million operating profit. - FY2020-Q3Continued decline in profit while remaining profitableAnnual report
「For Other (the FPD-related equipment business and real estate business), revenue was ¥1,538 million, up 0.7% year on year. Operating profit was ¥177 million, down 23.1% year on year.」
The Other segment, including the FPD-related equipment business and real estate business, maintained an operating profit of ¥177 million, although operating profit declined 23.1% year on year. - FY2020-Q2Continued lower revenue and operating profit while remaining profitableAnnual report
「For Other (the FPD-related equipment business and real estate business), revenue was ¥932 million, down 28.7% year on year, because the FPD-related equipment business had a large project in the same period of the previous year. Operating profit was ¥135 million, down 28.4% year on year.」
The Other segment, which includes the FPD-related equipment business, reported lower revenue and operating profit due to the absence of the large project, but maintained a ¥135 million operating profit. - FY2020-Q1Lower revenue and operating profit while remaining profitableAnnual report
「For Other (the FPD-related equipment business and real estate business), revenue was ¥287 million, down 39.3% year on year, because the FPD-related equipment business had a large project in the same period of the previous year. Operating profit was ¥41 million, down 38.9% year on year.」
The Other segment, which includes the FPD-related equipment business, reported lower revenue and operating profit due to the absence of the large project in the same period of the previous year, but maintained a ¥41 million operating profit. A return to continued losses is not reported. - FY2019MitigatedAnnual report
「For Other (the FPD-related equipment business and real estate business), revenue was ¥2,152 million, up 8.9% year on year, and operating profit was ¥294 million, up 42.7% year on year, due to higher revenue from sensor device and high-performance device-related equipment and higher occupancy rates in the real estate business.」
The Other segment, which includes the FPD-related equipment business, reported higher revenue and operating profit, and the continued deterioration in profitability eased further. - FY2019-Q3MitigatedAnnual report
「For Other (the FPD-related equipment business and real estate business), revenue was ¥1,527 million, up 43.0% year on year, due to higher revenue from sensor device and high-performance device-related equipment and other operations. Operating profit was ¥231 million, up ¥218 million year on year, as management improvements, including rigorous project reviews, were advanced in the FPD-related equipment business.」
Management improvements, including rigorous project reviews, were advanced in the FPD-related equipment business, and operating profit in the Other segment increased by ¥218 million year on year to ¥231 million. The continued deterioration in profitability has eased further. - FY2019-Q2MitigatedAnnual report
「For Other (the FPD-related equipment business and real estate business), revenue was ¥1,308 million, up 72.5% year on year. Operating profit improved from an operating loss of ¥14 million in the same period of the previous year to ¥188 million.」
The Other segment, which includes the FPD-related equipment business, swung from an operating loss in the same period of the previous year to operating profit, while revenue rose 72.5% year on year. - FY2019-Q1MitigatedAnnual report
「For Other (the FPD-related equipment business and real estate business), revenue was ¥473 million, up 78.7% year on year, and operating profit was ¥67 million, compared with an operating loss of ¥33 million in the same period of the previous year.」
The Other segment, which includes the FPD-related equipment business, swung from an operating loss in the same period of the previous year to operating profit. However, the figures represent the results for the entire segment, including the real estate business. - FY2018MitigatedAnnual report
「Revenue from the business was ¥1,977 million, up 42.8% year on year, and operating profit was ¥206 million, up ¥407 million year on year.」
The Other segment, which includes the FPD-related equipment business, reported higher revenue and operating profit, and no impairment loss on FPD-related equipment was recorded in the current fiscal year, unlike the previous fiscal year. The figures represent the results for the entire Other segment, including the real estate business. - FY2017WorsenedAnnual report
「Because the profit or loss generated by the FPD-related equipment is expected to remain negative, its carrying amount was reduced to its recoverable amount, and the reduction of ¥8 million was recognized as an impairment loss under extraordinary losses.」
The full-year operating loss of the FPD-related equipment business widened to ¥343 million, and an impairment loss of ¥8 million was also recorded, indicating continued deterioration in profitability. - FY2017-Q3WorsenedAnnual report
「In this business, sales declined across sensor device and high-performance device-related equipment, energy- and lighting-related equipment and other products, and FPD-related equipment. As a result, revenue was ¥433 million, down 51.1% year on year, and the operating loss increased by ¥11 million year on year to ¥229 million.」
Revenue from the FPD-related equipment business and other operations fell 51.1% year on year, while the operating loss widened to ¥229 million, indicating further deterioration in profitability. - FY2017-Q2WorsenedAnnual report
「Revenue from the sensor device and high-performance device-related equipment, energy and lighting-related equipment, and FPD-related equipment businesses all declined. As a result, revenue was ¥315 million, down 50.7% year on year, while the operating loss increased by ¥14 million year on year to ¥153 million.」
Revenue from the FPD-related equipment business fell 50.7% year on year to ¥315 million, while the operating loss widened to ¥153 million, indicating further deterioration in profitability. - FY2017-Q1RestatedAnnual report
「As a result, revenue was ¥240 million, down 22.0% year on year, while the operating loss narrowed by ¥37 million year on year to ¥54 million.」
The FPD-related equipment business recorded an operating loss of ¥54 million in the quarter, and its profitability continued to deteriorate. - FY2016First statedAnnual report
「Because the profit or loss generated by the FPD-related equipment is expected to remain negative, its carrying amount was reduced to its recoverable amount, and the reduction of ¥14 million was recognized as an impairment loss under extraordinary losses.」
An operating loss of ¥214 million was recorded for the period, and an impairment loss of ¥14 million was also incurred.