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Osaki Electric (6644) · TargetDropped

Expansion into the Sensor Device, Energy and Lighting Fields

First written in FY2016. 2 of 13 entries say "Advanced", first in FY2019. Latest entry: FY2023-Q2.

13entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2018AdvancedFY2019OtherFY2020 – FY2022-Q12016: 220162017: 220172018: 120182019: 120192020: 120202021: 320212022: 32022
Same theme, other companies
Business diversification and differentiation beyond liquid-crystal and semiconductor equipmentA theme 5 companies write about · 0 as a headwind · 4 as a tailwind

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

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. FY2023-Q2DroppedAnnual report

    「Although Osaki Engineering had limited synergies within our group, we highly valued the technologies and product capabilities it had accumulated and determined that operating the business under Hagiwara Electric Holdings Co., Ltd., which could make maximum use of those capabilities, was the best option for Osaki Engineering's sustainable growth. We therefore sold these shares.」

    The direction changed from expanding the equipment manufacturing business for sensor devices and high-performance devices within the group to selling the shares of Osaki Engineering and enabling the company to grow under the acquirer.
  2. FY2023-Q1AdvancedAnnual 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 equipment manufacturing business recorded a substantial increase in revenue and shifted from an operating loss to operating profit of ¥5 million.
  3. 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.」

    Revenue in the equipment manufacturing business declined 36.4% year on year, and the operating loss widened from ¥177 million to ¥229 million.
  4. 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.」

    Revenue in the equipment manufacturing business declined 46.3% year on year due to lower orders, and the operating loss widened from ¥94 million to ¥162 million.
  5. FY2022-Q1Lower orders and an operating loss in the equipment manufacturing businessAnnual 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.」

    Orders declined substantially in the equipment manufacturing business, including sensor device, energy- and lighting-related equipment, resulting in an 85.5% decline in revenue and an operating loss of ¥116 million.
  6. FY2021-Q3Worsening declines in revenue and profit in OtherAnnual report

    「In Other, comprising the real estate business and other operations, revenue was ¥1,273 million, down ¥265 million, or 17.2%, year on year, and operating profit was ¥22 million, down ¥155 million, or 87.3%.」

    In Other, revenue declined 17.2% year on year and operating profit declined 87.3%.
  7. FY2020Decline in sales of sensor devices and other productsAnnual report

    「In Other, comprising the FPD-related equipment and real estate businesses, the real estate business maintained a high occupancy rate, but lower revenue from sensor device and high-performance device-related equipment in the FPD-related equipment business resulted in revenue of ¥1,905 million, down 11.5% year on year, and operating profit of ¥210 million, down 28.5%.」

    Revenue and profit for the Other segment as a whole declined as sensor device and high-performance device-related equipment, which had been designated as growth areas, recorded lower revenue.
  8. FY2019AdvancedAnnual report

    「In Other, comprising the FPD-related equipment and real estate businesses, a targeted order strategy focused on highly profitable sensor device and high-performance device-related equipment, energy- and lighting-related equipment and other products, as well as the development of new customers, proved effective in the FPD-related equipment business. In the real estate business, the company carried out renovations to rental properties in line with market needs and worked to improve occupancy rates.」

    The disclosure indicates that specialization in highly profitable sensor device and high-performance device-related equipment and the development of new customers proved effective.
  9. FY2018RestatedAnnual report

    「Our medium- to long-term management strategy is to further strengthen and expand core technologies, including fine-pitch mounting technology and customized equipment technology developed through our FPD-related and IC card-related businesses, and to expand into new fields where these core technologies can be effectively utilized.」

    The company continues its medium- to long-term strategy of strengthening existing core technologies and expanding into new fields.
  10. FY2017Continued decline in sales of related equipment and business restructuringAnnual report

    「In the FPD-related equipment 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 ¥932 million, down 48.8% year on year, and the operating loss increased by ¥128 million year on year to ¥343 million.」

    A full-year decline in sales was confirmed in the business, including sensor device, high-performance device and energy- and lighting-related equipment. Meanwhile, the policy of expanding into growth areas and aiming to become a leading company continues separately.
  11. FY2017-Q3Continued decline in sales of related equipmentAnnual 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.」

    The decline in sales of the business, including sensor device, high-performance device and energy- and lighting-related equipment, has continued. No change to the goal of developing new businesses was indicated.
  12. FY2017-Q2Decline in sales of related equipmentAnnual 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.」

    A decline in sales was reported in the business, including sensor device, high-performance device and energy- and lighting-related equipment. No change to the goal of developing new businesses was indicated.
  13. FY2016First statedAnnual report

    「We will actively promote new business development aimed at improving customer satisfaction in the sensor device and energy- and lighting-related markets, which are expected to achieve further growth, and will strive to become a leading company in the equipment manufacturing industry.」

    The goal is to become an industry leader through new business development in growth areas in addition to existing FPD equipment.
Moved together

"Continued Decline in Earnings in the FPD-Related Equipment Business" moved the same way as this thread, in the same document, in 4 of its 13 moves.

432222★123456
  1. ★This thread
  2. 1Continued Decline in Earnings in the FPD-Related Equipment Business4×
  3. 2Disaster and Geopolitical Risks at Production Facilities in Japan and Overseas3×
  4. 3Soaring Prices and Difficulty Procuring Raw Materials and Components2×
  5. 4Investment Securities Price Fluctuations2×
  6. 5Expansion of energy solutions, including BEMS and HEMS2×
  7. 6Risk of Delayed Monetization and Failure to Achieve Results in New Businesses2×

★ 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
Osaki Electric's next results are scheduled for 2026-11-05. Read the earnings preview
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Expansion into the Sensor Device, Energy and Lighting Fields | Osaki Electric Co.,Ltd. (6644) | Komori