Building a Corporate Group of Switchboard Professionals and a Field Services Business
First written in FY2016. 12 of 28 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
Nitto Kogyo moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2026: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The carrying amount of the assets of our consolidated subsidiary ＥＭソリューションズ株式会社 was reduced to the recoverable amount because its performance has remained substantially below the business plan prepared at the time of acquisition. The reduction was recorded as an impairment loss under extraordinary losses.」
Impairment losses, including ¥224 million of goodwill, were recognized for ＥＭソリューションズ, which handles field services and other operations, as its performance fell substantially below the business plan prepared at the time of acquisition. - 2026-05-15OtherEarnings
「In the construction and services segment, although renewable energy installation projects increased, net sales declined 0.5% year on year to ¥5,278 million due to the absence of the large network construction projects recorded in the previous fiscal year.」
The increase in renewable energy installation projects and the decline in revenue following the completion of large projects occurred concurrently, indicating both progress in field services and a post-project downturn. - FY2026-H1Construction and Services segment revenue declined due to the reversal of large projectsAnnual report
「In the Construction and Services segment, revenue was ¥1,937 million, down 5.0% year on year, due to the reversal of large projects recorded in the previous fiscal year.」
Revenue in the field service-related Construction and Services segment declined 5.0% year on year due to the reversal of large projects recorded in the previous fiscal year. - FY2025AdvancedAnnual report
「In the Construction and Services segment, revenue from electrical installation projects related to high-voltage receiving equipment and network installation projects at hospitals increased. Revenue also rose due to the consolidation of newly acquired subsidiary ＥＭソリューションズ㈱. As a result, revenue was ¥5,307 million, up 29.6% year on year.」
Revenue in the field service-related Construction and Services segment increased 29.6% year on year due to projects involving high-voltage receiving equipment and hospital network installation, as well as the consolidation of ＥＭソリューションズ. - FY2025-H1AdvancedAnnual report
「In the Construction and Services segment, revenue increased due to the consolidation of newly acquired subsidiary ＥＭソリューションズ㈱ and higher revenue from electrical installation projects related to high-voltage receiving equipment. As a result, revenue was ¥2,038 million, up 14.6% year on year.」
Revenue in the field service-related Construction and Services business increased 14.6% year on year, due to the consolidation of ＥＭソリューションズ and higher revenue from electrical installation projects related to high-voltage receiving equipment. - FY2024-Q2Revenue declined as higher sales from school renewal projects were offset by lower sales from office and hospital projectsAnnual report
「In the Construction and Services segment, revenue from projects to renew telephone equipment at schools and other projects increased, but revenue from electrical and telecommunications installation work for office and hospital projects declined. As a result, revenue was ¥1,778 million, down 2.9% year on year.」
Revenue from school telephone equipment renewal projects increased, but revenue in the Construction and Services segment declined 2.9% due to fewer office and hospital projects. - FY2023AdvancedAnnual report
「In the Construction and Services segment, revenue from electrical and telecommunications installation work increased, including projects to install LED lighting equipment at factories and renew telephone equipment at schools. As a result, revenue was ¥4,105 million, up 8.7% from the previous fiscal year.」
The Construction and Services segment increased revenue by securing projects to install LED lighting at factories and renew telephone equipment at schools. - FY2023-Q2AdvancedAnnual report
「In the Construction and Services segment, revenue from electrical and telecommunications installation work for renewal projects, including factory buildings and office layout changes, increased. As a result, revenue was ¥1,831 million, up 9.3% year on year.」
The Construction and Services segment secured renewal projects involving factory buildings and office layout changes, increasing revenue by 9.3% year on year. - FY2022Project delays and lower revenue due to delays in equipment deliveriesAnnual report
「In the Construction and Services segment, revenue declined from projects involving office layout changes and telework support for COVID-19 countermeasures that had been recorded in the previous fiscal year. In addition, projects were delayed due to delays in the supply of various types of equipment. As a result, revenue was ¥3,775 million, down 2.5% from the previous fiscal year.」
In field services, the reversal of projects recorded in the previous fiscal year and project delays due to delays in equipment deliveries were reflected in results, and revenue in the Construction and Services segment declined. - FY2021RestatedAnnual report
「We will strengthen our Group's field service and after-sales service functions and aim to become a trusted partner by creating hidden value that users have not recognized.」
Strengthening field service and after-sales service functions remains an ongoing initiative in the core business. - FY2021-Q3AdvancedAnnual report
「In the Construction and Services business, projects involving office layout changes and telework support to prevent the spread of COVID-19 remained firm, while revenue from network installation work related to the GIGA School Initiative increased. As a result, revenue was ¥1,969 million, up 3.4% year on year, and segment profit (operating profit) was ¥180 million, up 93.9% year on year.」
The Construction and Services business increased revenue and profit by securing projects involving office layout changes, telework support and network installation work related to the GIGA School Initiative. - FY2021-Q2AdvancedAnnual report
「In the Construction and Services business, revenue from some projects declined due to the impact of COVID-19, but revenue increased to ¥1,273 million, up 1.2% year on year, as projects involving office layout changes for infection prevention and telework support increased. In addition, segment profit (operating profit) rose 84.1% year on year to ¥109 million, partly because outsourcing costs declined.」
Although revenue from some projects declined, the Construction and Services business increased revenue and profit by securing projects involving office layout changes and telework support. - FY2021-Q1AdvancedAnnual report
「In the Construction and Services business, some projects were postponed due to the impact of COVID-19, but revenue from telephone equipment installation increased as projects involving office layout changes and telework support grew. In addition, revenue from electrical equipment installation increased following the acquisition of a large-scale renewal project for high-voltage receiving equipment. As a result, revenue was ¥675 million, up 12.5% year on year, and segment profit (operating profit) was ¥74 million, up 178.2% year on year.」
Although some projects were postponed, the Construction and Services business increased revenue and profit by securing projects involving office layout changes, telework support and a large-scale renewal project for high-voltage receiving equipment. - FY2020AdvancedAnnual report
「In the Construction and Services business, revenue from work related to high-voltage receiving equipment, distribution boards and other products increased, while revenue from network equipment installation remained firm. As a result, revenue was ¥2,827 million, up 4.0% from the previous fiscal year. Meanwhile, segment profit (operating profit) was ¥204 million, down 6.4% year on year, due to increases in personnel expenses and other costs.」
The Construction and Services business, including installation and maintenance, increased revenue, but profit declined due to higher personnel and other expenses. - FY2020-Q3RestatedAnnual report
「In the Construction and Services business, revenue from work related to high-voltage receiving equipment, distribution boards and other products remained firm, while revenue from network equipment installation increased. As a result, revenue was ¥1,904 million, up 5.8% year on year. Meanwhile, segment profit (operating profit) was ¥93 million, down 22.9% year on year, due to increases in personnel expenses and other costs.」
Revenue continued to increase on work related to high-voltage receiving equipment, distribution boards and network equipment, while profit also continued to decline due to higher personnel and other expenses. - FY2020-Q2Revenue continued to grow, but profit declined due to higher personnel and other expensesAnnual report
「In the Construction and Services business, revenue from work related to high-voltage receiving equipment, distribution boards and other products remained firm, while revenue from network equipment installation increased. As a result, revenue was ¥1,257 million, up 10.0% year on year. Meanwhile, segment profit (operating profit) was ¥59 million, down 21.4% year on year, due to increases in personnel expenses and other costs.」
Revenue continued to increase on work related to high-voltage receiving equipment, distribution boards and network equipment, while profit declined due to higher personnel expenses and other costs. - FY2020-Q1Revenue from network equipment installation increased, but profit declined due to higher personnel and other expensesAnnual report
「In the Construction and Services business, revenue from telephone equipment installation declined, but revenue increased as the core network equipment installation business performed well and revenue from electrical equipment installation and other work grew. As a result, revenue was ¥600 million, up 13.2% year on year. Meanwhile, segment profit (operating profit) was ¥26 million, down 29.3% year on year, due to increases in personnel expenses and other costs.」
Revenue increased due to growth in network and electrical equipment installation work, but profit in the Construction and Services business declined as personnel expenses and other costs increased. - FY2019AdvancedAnnual report
「In the construction and services business, sales of telephone equipment construction declined, but sales of electrical and network equipment construction and other work increased after the company won large projects. As a result, revenue rose 12.9% year on year to ¥2,719 million. Segment profit (operating profit) also increased 94.4% to ¥218 million due to higher sales to other segments.」
Annual revenue and operating profit in the Construction and Services business increased materially, driven by the acquisition of large projects and growth in electrical and network equipment installation work. - FY2019-Q3AdvancedAnnual report
「In the construction and services business, sales of electrical and network equipment construction and internet maintenance increased. As a result, revenue rose 4.6% year on year to ¥1,798 million. Segment profit (operating profit) also increased 102.5% to ¥120 million due to higher sales to other segments.」
The construction and services business reported higher revenue due to increased sales of electrical equipment construction, network equipment construction and internet maintenance, while higher sales to other segments also contributed to a sharp increase in profit. - FY2019-Q2Profit increased despite lower revenue due to higher sales in other segments.Annual report
「In the construction and services business, sales of electrical equipment construction, telephone equipment and internet maintenance increased, but sales of communications-related construction declined. As a result, revenue was ¥1,142 million, down 1.7% year on year. Segment profit (operating profit), however, rose 74.0% to ¥75 million due to higher sales to other segments.」
Sales of electrical equipment construction, telephone equipment and internet maintenance increased, but the business as a whole reported lower revenue due to a decline in communications-related construction. Profit nevertheless increased due to higher sales to other segments. - FY2019-Q1AdvancedAnnual report
「In the construction and services business, sales of electrical equipment construction, telephone equipment and internet maintenance increased. As a result, revenue rose 0.8% year on year to ¥530 million, and segment profit (operating profit) was ¥37 million, compared with a segment loss (operating loss) of ¥9 million in the same period of the previous fiscal year.」
The construction and services business returned from an operating loss in the previous fiscal year to operating profit due to higher sales of electrical equipment construction, telephone equipment and internet maintenance. - FY2018Telephone and electrical equipment construction increased, but revenue and profit declined due to the loss of a large disaster-prevention project.Annual report
「In the construction and services business, sales of telephone and electrical equipment construction increased, but sales from a large disaster-prevention project recorded in the previous fiscal year fell away. As a result, revenue was ¥2,407 million, down 7.4% year on year, and segment profit (operating profit) was ¥112 million, down 15.9%.」
Sales of telephone and electrical equipment construction increased, but the construction and services business reported lower revenue and profit for the full year due to the reaction to the large disaster-prevention project. - FY2018-Q3Electrical and network equipment construction increased, but lower revenue and profit continued due to the loss of a large disaster-prevention project.Annual report
「In the construction and services business, sales of electrical and network equipment construction increased, but sales from a large disaster-prevention project recorded in the previous fiscal year fell away. As a result, revenue was ¥1,719 million, down 11.7% year on year, and segment profit (operating profit) was ¥59 million, down 49.9%.」
Sales of electrical and network equipment construction increased, but the construction and services business as a whole continued to report lower revenue and profit due to the loss of the large disaster-prevention project in the previous fiscal year. - FY2018-Q2Network equipment construction returned to growth, but revenue and profit declined due to the loss of a large project.Annual report
「In the construction and services business, sales of network equipment construction increased, but sales from a large disaster-prevention project recorded in the previous fiscal year fell away. As a result, revenue was ¥1,163 million, down 11.8% year on year, and segment profit (operating profit) was ¥43 million, down 59.1%.」
Sales of network equipment construction, which had declined through the previous quarter, turned upward, but the construction and services business as a whole continued to report lower revenue and profit due to the loss of the large disaster-prevention project. - FY2018-Q1Deteriorating performance due to the loss of a large projectAnnual report
「In the construction and services business, sales of network equipment construction declined, while sales from a large disaster-prevention project recorded in the previous fiscal year fell away. As a result, revenue was ¥526 million, down 10.5% year on year, and the segment loss (operating loss) was ¥9 million, compared with operating profit of ¥35 million in the same period of the previous fiscal year.」
The construction and services business deteriorated from higher revenue and profit to lower revenue and an operating loss due to lower network equipment construction and the reaction to a large disaster-prevention project in the previous fiscal year. - FY2017RestatedAnnual report
「In the switchboard-related business, the company aims to strengthen and accelerate collaboration with Group companies 株式会社新愛知電機製作所 and 株式会社大洋電機製作所, while building a construction and maintenance services structure centered on 南海電設株式会社.」
The company continues to aim to build a construction and maintenance services structure based on collaboration among subsidiaries and centered on 南海電設. - FY2017-Q3AdvancedAnnual report
「In the construction and services business, sales related to the sale and installation of EV and PHEV charging stations declined as government subsidies were reduced. However, sales of disaster-prevention equipment installation work increased significantly. As a result, revenue rose 11.1% year on year to ¥1,947 million, and segment profit (operating profit) increased 263.2% to ¥118 million.」
The construction and services business related to field services reported higher sales of disaster-prevention equipment installation work, along with specific growth in revenue and profit. - FY2016First statedAnnual report
「The company will also strengthen and accelerate collaboration with 株式会社新愛知電機製作所 and 株式会社大洋電機製作所, expand the scope of value provided from the standard distribution-board market to the entire distribution-board market, and work to build field services centered on 南海電設株式会社. By bringing together the knowledge and experience of Group companies, it will provide new value as a “Group of Switchboard Professionals.”」
The company presents collaboration among subsidiaries, expansion of the market scope and field services centered on 南海電設 as an integrated set of initiatives.