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Fuji Electric Industry (6654) · RiskInterim-period sales from trading declined from ¥67 million to zero

Declining Demand for Connection Equipment for Motor Control Devices and Solar Power Generation Facilities

First written in FY2017-Q2. 12 of 34 entries say "Mitigated", first in FY2018-Q3. Latest entry: FY2026-H1.

34entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2018-Q22016: 22017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 22025
Same theme, other companies
コネクタソリューション事業の市場低調・売価調整による採算悪化A theme 4 companies write about · 4 as a headwind · 0 as a tailwind

Fuji Electric Industry moved to the "Worse" side of this theme in 2025.

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

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. FY2026-H1Interim-period sales from trading declined from ¥67 million to zeroAnnual report

    「Trading sales 67,415 -」

    Revenue from merchandise sales of ¥67.415 million in the previous interim period was not recorded in the current interim accounting period.
  2. FY2025WorsenedAnnual report

    「Although the Smart Solutions trading business was discontinued, sales decreased to ¥70 million, down 31.1% year on year, despite revenue recognized from orders secured before the business was discontinued.」

    Although revenue from orders secured before the business was discontinued was recognized, full-year trading sales decreased 31.1% year on year.
  3. FY2025-H1Interim-period sales increased due to revenue from orders secured before discontinuationAnnual report

    「Although the Smart Solutions trading business was discontinued, sales increased to ¥67 million, up 112.8% year on year, due to revenue recognized from orders secured before the business was discontinued.」

    Although the Smart Solutions business was discontinued, revenue recognition from orders secured before discontinuation resulted in interim trading sales increasing 112.8% year on year.
  4. FY2025-Q1WorsenedAnnual report

    「Due to the discontinuation of the Smart Solutions trading business, sales of equipment and components for solar power generation decreased to ¥9 million, down 52.3% year on year.」

    Sales of equipment and components for solar power generation, which had increased through the previous fiscal year, declined 52.3% year on year due to the discontinuation of the Smart Solutions trading business.
  5. FY2024RestatedAnnual report

    「Due to increases in sales of equipment and components for solar power generation, sales increased to ¥102 million, up 182.4% year on year.」

    Sales of equipment and components for solar power generation continued to increase, and trading sales rose 182.4% year on year.
  6. FY2024-Q3MitigatedAnnual report

    「Due to an increase in sales of various equipment and components, primarily for solar power generation, sales increased to ¥48 million, up 50.5% year on year.」

    Sales of equipment and components for solar power generation increased 50.5% year on year, with the growth rate widening from 34.4% in the previous cumulative quarter.
  7. FY2024-Q2Sales of equipment and other products for solar power generation continued to increase, while the rate of increase narrowedAnnual report

    「(Trading sales) Due to increases in sales of equipment and components for solar power generation, sales increased to ¥31 million, up 34.4% year on year.」

    Sales of equipment and components for solar power generation increased, as in the previous disclosure, but the year-on-year growth rate narrowed from 170.3% to 34.4%.
  8. FY2024-Q1MitigatedAnnual report

    「Due to increases in sales of equipment and components for solar power generation, sales increased to ¥20 million, up 170.3% year on year.」

    Equipment and other products for solar power generation, which had declined 48.1% year on year in the first quarter of the previous fiscal year, increased 170.3% year on year in the current first quarter.
  9. FY2023RestatedAnnual report

    「Although component sales increased, sales decreased to ¥36 million, down 80.4% year on year, due to a decline in sales of equipment for solar power generation.」

    The decline in sales of equipment for solar power generation continued for the full year, and trading sales decreased 80.4% year on year.
  10. FY2023-Q3WorsenedAnnual report

    「Although component sales increased, sales decreased to ¥32 million, down 81.2% year on year, due to a decline in sales of equipment for solar power generation.」

    The decline in sales of equipment for solar power generation continued, and the year-on-year rate of decline widened from 58.4% in the cumulative second quarter to 81.2%.
  11. FY2023-Q2WorsenedAnnual report

    「Although component sales increased, sales decreased to ¥23 million, down 58.4% year on year, due to a decline in sales of equipment for solar power generation.」

    Sales of equipment for solar power generation, which had increased in the previous fiscal year, declined 58.4% year on year in the cumulative second quarter, with the decline in demand re-emerging.
  12. FY2023-Q1WorsenedAnnual report

    「Sales of equipment for solar power generation and components for substations brought sales to ¥7 million, down 48.1% year on year.」

    Sales of equipment for solar power generation, which had increased in the previous fiscal year, declined 48.1% year on year in the current first quarter, with the decline in demand re-emerging.
  13. FY2022MitigatedAnnual report

    「Sales of equipment for solar power generation brought sales to ¥184 million, up 27.9% year on year.」

    After a period of continued declines in demand for connection boxes and other products for solar power generation, full-year sales of equipment for solar power generation increased 27.9% year on year.
  14. FY2022-Q3MitigatedAnnual report

    「Sales of equipment for solar power generation brought sales to ¥172 million, up 25.9% year on year.」

    Compared with the previous quarter, when the disclosure cited a decline in sales of connection boxes for solar power generation, sales of equipment for solar power generation increased 25.9% year on year in the cumulative third quarter.
  15. FY2022-Q2MitigatedAnnual report

    「Due to a decline in sales of connection boxes for solar power generation, sales decreased to ¥56 million, down 7.4% year on year.」

    Sales of connection boxes for solar power generation continue to decline, but the rate of decline narrowed from 38.3% year on year in the previous quarter.
  16. FY2022-Q1WorsenedAnnual report

    「Due to a decline in sales of connection boxes for solar power generation, sales decreased to ¥14 million, down 38.3% year on year.」

    Sales of connection boxes for solar power generation, which had increased 5.0% year on year for the full year of the previous fiscal year, declined 38.3% year on year in the current first quarter, with the decline in demand re-emerging.
  17. FY2021RestatedAnnual report

    「Due to an increase in sales of connection boxes for solar power generation, sales increased to ¥153 million, up 5.0% year on year.」

    Sales of connection boxes for solar power generation also increased year on year for the full year, maintaining the recovery trend following the decline in demand.
  18. FY2021-Q3MitigatedAnnual report

    「Due to an increase in sales of connection boxes for solar power generation, sales increased to ¥145 million, up 20.3% year on year.」

    Sales of connection boxes for solar power generation, which had declined 11.4% year on year in the previous cumulative quarter, increased 20.3% year on year in the cumulative third quarter, indicating an improvement in demand conditions.
  19. FY2021-Q2WorsenedAnnual report

    「Due to a decline in sales of connection boxes for solar power generation, sales decreased to ¥68 million, down 11.4% year on year.」

    Sales of connection boxes for solar power generation, which had increased year on year in the previous quarter, declined 11.4% year on year in the cumulative second quarter.
  20. FY2021-Q1MitigatedAnnual report

    「Due to an increase in sales of connection boxes for solar power generation, sales increased to ¥23 million, up 328.8% year on year.」

    Sales of connection boxes for solar power generation, which had declined 94.7% year on year in the first quarter of the previous fiscal year, increased 328.8% year on year in the current first quarter, indicating an improvement in demand conditions.
  21. FY2020MitigatedAnnual report

    「Due to an increase in sales of connection boxes for solar power generation, sales increased to ¥146 million, up 11.6% year on year.」

    Sales of connection boxes for solar power generation, which had continued to decline during the cumulative first through third quarters, increased 11.6% year on year for the full year.
  22. FY2020-Q3RestatedAnnual report

    「Due to a decline in sales of connection boxes for solar power generation, sales decreased to ¥120 million, down 5.1% year on year.」

    The decline in sales of connection boxes for solar power generation continues. Although the year-on-year rate of decline was smaller than in the previous quarter, it continues to be cited as a factor behind lower demand.
  23. FY2020-Q2WorsenedAnnual report

    「(Trading sales and other) Due to a decline in sales of connection boxes for solar power generation, sales decreased to ¥77 million, down 37.6% year on year.」

    The decline in demand for solar power generation products that had continued since the cumulative second quarter of the previous fiscal year persisted, with sales from trading sales and other activities down 37.6% year on year.
  24. FY2020-Q1WorsenedAnnual report

    「Due to a decline in sales of connection boxes for solar power generation, sales decreased to ¥5 million, down 94.7% year on year.」

    For connection boxes for solar power generation, which had increased in the previous fiscal year, first-quarter sales were ¥5 million, down 94.7% year on year, with the decline in demand becoming more pronounced.
  25. FY2019WorsenedAnnual report

    「Sales of connection boxes and other products for solar power generation brought sales to ¥130 million, down 32.0% year on year.」

    Although sales of connection boxes and other products for solar power generation had increased through the third quarter, full-year sales decreased 32.0% year on year, with the decline in demand reflected in full-year results.
  26. FY2019-Q3RestatedAnnual report

    「(Trading sales) Sales of connection boxes and other products for solar power generation brought sales to ¥127 million, up 193.3% year on year.」

    For solar power generation products that had previously been weak, sales of connection boxes and other products continued, bringing cumulative trading sales for the third quarter to ¥127 million.
  27. FY2019-Q2MitigatedAnnual report

    「(Trading sales) Sales of connection boxes and other products for solar power generation brought sales to ¥124 million.」

    For solar power generation products that had previously been weak, sales of connection boxes and other products continued, bringing cumulative trading sales for the second quarter to ¥124 million.
  28. FY2019-Q1MitigatedAnnual report

    「Sales of connection boxes and other products for solar power generation brought sales to ¥104 million.」

    For solar power generation products that had previously been weak, sales of connection boxes and other products increased, bringing trading sales to ¥104 million. The decline in demand is showing signs of improvement.
  29. FY2018MitigatedAnnual report

    「Due to an increase in connection boxes for solar power generation, sales increased to ¥192 million, up 1,095.6% year on year.」

    For solar power generation products that had previously been weak, sales of connection boxes increased 1,095.6% year on year, indicating an improvement in the decline in demand.
  30. FY2018-Q3MitigatedAnnual report

    「Trading sales Due to an increase in connection boxes for solar power generation, sales increased to ¥43 million, up 176.6% year on year.」

    For solar power generation products that had previously been weak and declining, sales of connection boxes increased 176.6% year on year, indicating a partial improvement in the decline in demand.
  31. FY2018-Q2RestatedAnnual report

    「Connection boxes for solar power generation, which had performed well in the previous year, failed to grow, and sales decreased to ¥3 million, down 74.8% year on year.」

    The disclosure notes that sales of connection boxes for solar power generation have stalled after performing well in the previous year.
  32. FY2017RestatedAnnual report

    「Due to weak sales of disconnect terminal blocks for solar power generation and auxiliary switches for circuit breakers used in power receiving and transforming equipment, sales decreased to ¥1,048 million, down 2.4% year on year.」

    The full-year disclosure also cites weak sales of disconnect terminal blocks for solar power generation and products for power receiving and transforming equipment. Among connection equipment, test terminals and the core terminal block products were also weak.
  33. FY2017-Q3RestatedAnnual report

    「In addition to a decline in test terminals for power receiving and transforming equipment, sales decreased to ¥1,116 million, down 7.5% year on year, due to declines in terminal blocks for motor control equipment and weak sales of jacks for control centers used in solar power generation facilities.」

    The disclosure continues to cite weak sales of terminal blocks for motor control equipment and jacks for control centers used in solar power generation facilities.
  34. FY2017-Q2First statedAnnual report

    「Due to a decline in terminal blocks for motor control equipment and weak sales of jacks for control centers used in solar power generation facilities, sales decreased to ¥738 million, down 8.0% year on year.」

    The disclosure cites declines in terminal blocks for motor control equipment and weak sales of jacks for control centers used in solar power generation facilities.
Moved together

"Fluctuations in the Asset Values of Securities and Investment Securities" moved the same way as this thread, in the same document, in 12 of its 34 moves.

1276633★123456
  1. ★This thread
  2. 1Fluctuations in the Asset Values of Securities and Investment Securities12×
  3. 2Sluggish growth in display equipment sales due to delays in substation equipment projects in the Middle East7×
  4. 3Weak business conditions due to negative interest rates, a stronger yen and weaker stock prices, and a sluggish global economy6×
  5. 4Investment in property, plant and equipment and molds6×
  6. 5Continuation of Research and Development Activities3×
  7. 6Recognition of a Product Warranty Provision3×

★ 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.

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Declining Demand for Connection Equipment for Motor Control Devices and Solar Power Generation Facilities | FUJI ELECTRIC INDUSTRY CO.,LTD. (6654) | Komori