Slowing Pace of Solar Power Generation Equipment Installations
First written in FY2016. 9 of 13 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 3 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2020DroppedAnnual reportThe business environment and risk disclosures in this filing do not explicitly identify a slowdown in solar power generation equipment installations or market contraction as a standalone risk.
- FY2019RestatedAnnual report
「Meanwhile, sales of related products declined as the solar power generation systems market contracted, while fixed costs such as personnel expenses increased. As a result, revenue was ¥32,910 million, up 4.1% year on year, while segment profit (operating profit) was ¥932 million, down 9.8%.」
The continued contraction of the solar power generation systems market has been reflected in lower sales of related products. - FY2019-Q3RestatedAnnual report
「In the information and communications distribution business, sales of related products declined as the solar power generation systems market contracted, but sales of core products such as network equipment and surveillance cameras increased. As a result, revenue was ¥22,994 million, up 2.8% year on year.」
The continued contraction of the solar power generation systems market has been reflected in operating performance through lower sales of related products. - FY2019-Q2RestatedAnnual report
「In the information and communications distribution business, sales of core products such as network equipment and LAN cables remained solid, but sales of related products declined as the solar power generation systems market contracted, while fixed costs such as personnel expenses increased. As a result, revenue was ¥14,318 million, up 1.8% year on year, while segment profit (operating profit) was ¥304 million, down 23.6%.」
The continued contraction of the solar power generation systems market has been reflected in operating performance through lower sales of related products. - FY2018RestatedAnnual report
「The solar power generation systems market contracted, intensifying competition among companies, and the business environment remained generally uncertain going forward.」
The company maintains its view that the solar power generation systems market continues to contract, leading to intensifying competition. - FY2018-Q3RestatedAnnual report
「Although corporate capital investment and the number of privately owned non-residential buildings continued to recover, the solar power systems market continued to contract and competition among companies intensified further, resulting in a generally challenging business environment.」
The company states that the solar power generation systems market continues to contract. - FY2018-Q2RestatedAnnual report
「The solar power generation systems market continued to contract and competition among companies intensified further, resulting in an overall difficult business environment.」
The company states that the solar power generation systems market continues to contract. - FY2018-Q1RestatedAnnual report
「In this industry, new housing starts, private non-residential construction and machinery orders continued to recover, but the solar power generation systems market contracted and competition among companies intensified further, resulting in an overall difficult business environment.」
The company states that the solar power generation systems market continues to contract, maintaining the recognition of market contraction from the previous fiscal year. - FY2017WorsenedAnnual report
「The contraction of the solar power generation systems market, among other factors, resulted in a business environment that generally lacked strength.」
The wording has shifted from a slowdown in the pace of installations to a statement that the market is contracting, and sales of related products such as junction boxes and cubicles also declined. - FY2017-Q3WorsenedAnnual report
「The solar power generation systems market continued to contract, while corporate capital investment remained stalled, resulting in a mixed business environment.」
The wording has shifted from a slowdown in the pace of installations to a statement that the market is contracting, and a decline in revenue from solar power generation-related products has also been reported. - FY2017-Q2RestatedAnnual report
「The pace of solar power generation equipment installations continued to slow.」
The company continues to state that solar power generation equipment installations are slowing. - FY2017-Q1RestatedAnnual report
「The pace of solar power generation equipment installations continued to slow.」
The company again states that the pace of solar power generation equipment installations continues to slow. - FY2016First statedAnnual report
「The pace of solar power generation equipment installations continued to slow, resulting in a business environment in which concerns about the outlook generally intensified.」
Revenue from solar power generation-related products declined during the current fiscal year, indicating that market deceleration is affecting operating performance.