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Fuji Electric Industry (6654) · RiskMitigated

Sluggish growth in display equipment sales due to delays in substation equipment projects in the Middle East

First written in FY2017-Q2. 15 of 37 entries say "Mitigated", first in FY2019-Q2. Latest entry: FY2027-H1.

37entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2019-Q12016: 22017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 120252026: 32026
Same theme, other companies
Sluggish indicator sales due to delays in Middle East substation equipment projectsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2027-H1MitigatedAnnual report

    「(Indicator lamps and displays) Due to increases in various displays and group indicator lamps, sales increased to ¥246 million, up 8.7% year on year.」

    The indicator lamps and displays segment, which had declined 6.0% year on year in the previous interim period, returned to 8.7% year-on-year growth due to increases in various displays and group indicator lamps.
  2. FY2026-H1WorsenedAnnual report

    「Due to declines in various displays and LED indicator lamps, sales decreased to ¥226 million, down 6.0% year on year.」

    Indicator lamps and displays, which had increased 12.4% year on year in the previous interim period, turned to a 6.0% year-on-year decline due to decreases in various displays and LED indicator lamps.
  3. FY2025-H1MitigatedAnnual report

    「Although group indicator lamps declined, sales increased to ¥240 million, up 12.4% year on year, due to increases in indicator lamps for railway rolling stock and various displays.」

    Although group indicator lamps declined, total indicator lamps and displays increased 12.4% year on year due to increases in indicator lamps for railway rolling stock and various displays.
  4. FY2025-Q1MitigatedAnnual report

    「Although LED indicator lamps and indicator lamps for railway rolling stock declined, sales increased to ¥115 million, up 4.1% year on year, due to an increase in various displays.」

    The indicator lamps and displays segment, which had reported lower revenue in the previous fiscal year, returned to 4.1% year-on-year growth due to an increase in various displays.
  5. FY2024WorsenedAnnual report

    「Sales of indicator lamps for railway rolling stock increased, but sales of panel indicator lamps and various indicators declined, resulting in sales of ¥436 million, down 6.2% year on year.」

    Although sales of indicator lamps for railway rolling stock increased, total indicator lamps and displays decreased 6.2% year on year due to declines in group indicator lamps and various displays. The rate of decline widened from 2.5% in the previous fiscal year.
  6. FY2024-Q3MitigatedAnnual report

    「Sales of indicator lamps for railway rolling stock increased, but sales of panel indicator lamps and various indicators declined, resulting in sales of ¥338 million, down 3.3% year on year.」

    Indicator lamps and indicators continued to post lower year-on-year sales, but the rate of decline narrowed from 9.0% in the previous quarter.
  7. FY2024-Q2MitigatedAnnual report

    「(Indicator lamps and indicators) Sales of panel indicator lamps and various indicators declined, resulting in sales of ¥214 million, down 9.0% year on year.」

    Although the decline in indicator lamp and indicator sales continued, the year-on-year rate of decline narrowed from 11.2% in the previous disclosure to 9.0%.
  8. FY2024-Q1WorsenedAnnual report

    「Sales of panel indicator lamps and various indicators declined, resulting in sales of ¥111 million, down 11.2% year on year.」

    While total indicator lamp and indicator sales increased 1.3% year on year in the first quarter of the previous fiscal year, they declined 11.2% year on year in the current first quarter due to lower sales of panel indicator lamps and various indicators.
  9. FY2023The decline in total indicator lamp and indicator sales narrowedAnnual report

    「Sales of various indicators increased, but sales of indicator lamps for railway rolling stock and panel indicator lamps declined, resulting in sales of ¥465 million, down 2.5% year on year.」

    Although declines in indicator lamps for railway rolling stock and panel indicator lamps resulted in lower overall sales, the rate of decline narrowed from 4.5% year on year for the cumulative third quarter.
  10. FY2023-Q3WorsenedAnnual report

    「Sales of various indicators increased, but sales of indicator lamps for railway rolling stock and panel indicator lamps declined, resulting in sales of ¥350 million, down 4.5% year on year.」

    Despite an increase in various indicators, declines in indicator lamps for railway rolling stock and panel indicator lamps widened the year-on-year decline in total indicator lamp and indicator sales from 0.8% to 4.5%.
  11. FY2023-Q2Higher sales of various indicators coincided with declines in LED and panel indicator lamps, resulting in a slight overall declineAnnual report

    「Sales of various indicators increased, but sales of LED indicator lamps and panel indicator lamps declined, resulting in sales of ¥235 million, down 0.8% year on year.」

    While sales of various indicators increased, sales of LED indicator lamps and panel indicator lamps declined, resulting in a 0.8% year-on-year decrease in indicator lamp and indicator sales overall.
  12. FY2023-Q1RestatedAnnual report

    「Sales of LED indicator lamps declined, but sales of panel indicator lamps increased, resulting in sales of ¥125 million, up 1.3% year on year.」

    While sales of LED indicator lamps declined, higher sales of panel indicator lamps resulted in a 1.3% year-on-year increase in indicator lamp and indicator sales overall, maintaining the improvement.
  13. FY2022MitigatedAnnual report

    「Sales of indicator lamps for railway rolling stock declined, but sales of LED indicator lamps and panel indicator lamps increased, resulting in sales of ¥477 million, up 1.0% year on year.」

    The increase in LED indicator lamps and panel indicator lamps offset the decline in indicator lamps for railway rolling stock, resulting in a 1.0% year-on-year increase in full-year sales of indicator lamps and indicators overall.
  14. FY2022-Q3MitigatedAnnual report

    「Sales of indicator lamps for railway rolling stock declined, but sales of LED indicator lamps and panel indicator lamps increased, resulting in sales of ¥367 million, up 2.7% year on year.」

    While sales of indicator lamps for railway rolling stock declined, higher sales of LED indicator lamps and panel indicator lamps lifted sales of indicator lamps and indicators 2.7% year on year.
  15. FY2022-Q2RestatedAnnual report

    「Sales of indicator lamps for railway rolling stock declined, but sales of various indicators in Japan and overseas increased, resulting in sales of ¥237 million, up 1.0% year on year.」

    While sales of indicator lamps for railway rolling stock declined, sales of various indicators in Japan and overseas increased, maintaining year-on-year revenue growth for indicator lamps and indicators overall.
  16. FY2022-Q1MitigatedAnnual report

    「Sales of indicator lamps for railway rolling stock declined, but sales of various indicators for overseas markets increased, resulting in sales of ¥123 million, up 4.2% year on year.」

    The indicator lamp and indicator segment, which had declined in the previous fiscal year, increased 4.2% year on year on higher sales of various indicators for overseas markets, indicating an improvement.
  17. FY2021WorsenedAnnual report

    「(Indicator lamps and indicators) Sales of indicator lamps for railway rolling stock declined, as did sales of various indicators for overseas markets, resulting in sales of ¥472 million, down 27.4% year on year.」

    In the indicator lamp and indicator segment, declines in indicator lamps for railway rolling stock and various indicators for overseas markets continued, with the year-on-year decline widening from 22.4% for the cumulative third quarter to 27.4% for the full year.
  18. FY2021-Q3WorsenedAnnual report

    「Sales of indicator lamps for railway rolling stock declined, as did sales of various indicators for overseas markets, resulting in sales of ¥357 million, down 22.4% year on year.」

    In the indicator lamp and indicator segment, the rate of decline widened from 18.0% year on year in the previous quarter, as declines in indicator lamps for railway rolling stock and various indicators for overseas markets continued.
  19. FY2021-Q2WorsenedAnnual report

    「Sales of indicator lamps for railway rolling stock declined, as did sales of various indicators for overseas markets, resulting in sales of ¥235 million, down 18.0% year on year.」

    Overseas indicators, which had increased in the previous fiscal year, declined, and sales of indicator lamps and indicators fell 18.0% year on year.
  20. FY2021-Q1WorsenedAnnual report

    「Sales of indicator lamps for railway rolling stock and fault indicators increased, but sales of various indicators for overseas markets declined, resulting in sales of ¥118 million, down 6.3% year on year.」

    In the first quarter, the decline in various overseas indicators, which had increased in the previous fiscal year, was a factor behind lower sales in the indicator lamp and indicator segment.
  21. FY2020MitigatedAnnual report

    「Sales of various indicators, including fault indicators for overseas markets, increased, resulting in sales of ¥651 million, up 8.1% year on year.」

    In the previously stagnant overseas indicators business, sales of various indicators increased, and full-year sales of indicator lamps and indicators rose 8.1% year on year.
  22. FY2020-Q3MitigatedAnnual report

    「Sales of traffic signal indicator lamps were weak, but sales of various indicators, including fault indicators for overseas markets, increased, resulting in sales of ¥460 million, up 4.4% year on year.」

    In the previously stagnant overseas indicators business, sales of various indicators, including fault indicators, increased, and total sales of indicator lamps and indicators rose 4.4% year on year.
  23. FY2020-Q2RestatedAnnual report

    「(Indicator lamps and indicators) Sales of various indicators, including fault indicators for overseas markets, increased, but sales of fault indicators and traffic signal indicator lamps for the domestic market were weak, resulting in sales of ¥286 million, down 3.6% year on year.」

    Sales of fault indicators and other products for overseas markets increased, while weak domestic product sales caused total sales of indicator lamps and indicators to decline year on year.
  24. FY2020-Q1MitigatedAnnual report

    「Sales of semaphore indicators and falling-type fault indicators for overseas markets increased, and various LED indicator lamps generally performed steadily, resulting in sales of ¥126 million, up 7.3% year on year.」

    In the previously stagnant overseas indicators business, sales of semaphore indicators and falling-type fault indicators increased, and total sales of indicator lamps and indicators rose 7.3% year on year.
  25. FY2019MitigatedAnnual report

    「Adoption of indicator lamps such as tail lamps for railway rolling stock progressed, while Maclit displays and semaphore indicators also performed steadily, resulting in sales of ¥602 million, up 2.4% year on year.」

    In the indicator lamp and indicator segment, including indicators for overseas markets that had previously stagnated, full-year sales increased 2.4% year on year, confirming an improvement.
  26. FY2019-Q3RestatedAnnual report

    「(Indicator lamps and indicators) Sales of tail lamps for railway rolling stock increased sharply, while Maclit displays and semaphore indicators also performed steadily, resulting in sales of ¥441 million, up 7.8% year on year.」

    In the previously stagnant indicators segment, sales of tail lamps for railway rolling stock increased sharply, while Maclit displays and semaphore indicators also performed steadily.
  27. FY2019-Q2MitigatedAnnual report

    「(Indicator lamps and indicators) Sales of tail lamps for railway rolling stock increased sharply, while Maclit displays and semaphore indicators also performed steadily, resulting in sales of ¥297 million, up 5.5% year on year.」

    In the previously stagnant indicators segment, Maclit displays and semaphore indicators performed steadily, and total sales of indicator lamps and indicators increased 5.5% year on year.
  28. FY2019-Q1RestatedAnnual report

    「Sales of indicator lamps for push-button traffic signals and falling-type fault indicators for overseas substation equipment declined, resulting in sales of ¥118 million, down 2.3% year on year.」

    The decline in sales of falling-type fault indicators for overseas substation equipment continues to be reported, with sales of indicators for overseas markets remaining stagnant.
  29. FY2018RestatedAnnual report

    「Sales of door open/close indicator lamps for railway rolling stock and LED indicator lamps for domestic substation equipment were strong, but sales of falling-type fault indicators and semaphore indicators for overseas substation equipment failed to grow, resulting in sales of ¥588 million, down 4.7% year on year.」

    The full-year results also cite stagnant sales of falling-type fault indicators and semaphore indicators for overseas substation equipment.
  30. FY2018-Q3RestatedAnnual report

    「LED indicator lamps and door open/close indicator lamps for railway rolling stock performed steadily for substation equipment, but sales of falling-type fault indicators and semaphore indicators for overseas substation equipment failed to grow, resulting in sales of ¥409 million, down 9.0% year on year.」

    Sales of falling-type fault indicators and semaphore indicators for overseas substation equipment continue to stagnate.
  31. FY2018-Q2RestatedAnnual report

    「Sales of falling-type fault indicators and semaphore indicators for overseas substation equipment declined, but sales of surge absorber terminal blocks and LED indicator lamps for substation equipment increased, resulting in sales of ¥1,896 million for the cumulative second quarter, up 0.3% year on year.」

    Sales of falling-type fault indicators and semaphore indicators for overseas substation equipment continue to decline, indicating stagnant sales of indicators for overseas markets.
  32. FY2018-Q1RestatedAnnual report

    「Sales of LED indicator lamps for push-button traffic signals and substation equipment increased, but sales of falling-type fault indicators and semaphore indicators for overseas substation equipment failed to grow, resulting in sales of ¥120 million, down 4.3% year on year.」

    Sales of falling-type fault indicators and other products for overseas substation equipment continue to stagnate.
  33. FY2017RestatedAnnual report

    「Sales of falling-type fault indicators failed to grow due to delays in substation equipment projects in the Middle East. Sales of indicator lamps for US railway rolling stock declined as production shifted from the previous year's peak level to steady-state production, resulting in sales of ¥617 million, down 11.5% year on year.」

    Delays in substation equipment projects in the Middle East continue to weigh on sales of falling-type fault indicators.
  34. FY2017-Q3RestatedAnnual report

    「Sales of falling-type fault indicators failed to grow due to delays in substation equipment projects in the Middle East. Sales of indicator lamps for US railway rolling stock declined as production shifted from the previous year's peak level to steady-state production, resulting in sales of ¥450 million, down 5.9% year on year.」

    Delays in substation equipment projects in the Middle East continue to weigh on sales of falling-type fault indicators.
  35. FY2017-Q2First statedAnnual report

    「Sales of falling-type fault indicators failed to grow due to delays in substation equipment projects in the Middle East. Sales of indicator lamps for US railway rolling stock declined year on year as customer inventory build-up during the launch phase ended and production shifted from peak levels to steady-state production, resulting in sales of ¥311 million, down 2.3% year on year.」

    Delays in substation equipment projects in the Middle East are resulting in stagnant sales of falling-type fault indicators.
Moved together

"Investment in property, plant and equipment and molds" moved the same way as this thread, in the same document, in 8 of its 37 moves.

875543★123456
  1. ★This thread
  2. 1Investment in property, plant and equipment and molds8×
  3. 2Declining Demand for Connection Equipment for Motor Control Devices and Solar Power Generation Facilities7×
  4. 3Weak business conditions due to negative interest rates, a stronger yen and weaker stock prices, and a sluggish global economy5×
  5. 4Recognition of a provision for product warranties5×
  6. 5Fluctuations in the Asset Values of Securities and Investment Securities4×
  7. 6Continuation of Research and Development Activities3×

★ 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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Sluggish growth in display equipment sales due to delays in substation equipment projects in the Middle East | FUJI ELECTRIC INDUSTRY CO.,LTD. (6654) | Komori