Stagnant sales of testing equipment due to price competition in the Chinese market
First written in FY2017-Q2. 11 of 15 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2021.
Shirai Electronics Industrial moved to the "Worse" side of this theme in 2017.
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2021WorsenedAnnual report
「As the global spread of COVID-19 caused sales volumes of printed circuit board visual inspection machines in the VISPER series and various solutions products to remain sluggish, revenue was ¥615 million, a decrease of ¥317 million, or 34.0%, from the previous consolidated fiscal year.」
In addition to stagnant sales due to previous price competition overseas and US-China trade friction, sales volumes of the VISPER series and solutions products declined due to COVID-19, resulting in a 34.0% decline in business revenue. - FY2021-Q3WorsenedAnnual report
「In the inspection machine and solutions business, sales volumes of both printed circuit board inspection machines in the VISPER series and various solutions products declined due to the global spread of COVID-19. As a result, revenue was ¥414 million, a year-on-year decrease of ¥278 million, or 40.2%.」
In addition to stagnant sales due to previous price competition and US-China trade friction, sales volumes of the VISPER series and solutions products declined due to the impact of COVID-19, resulting in a 40.2% year-on-year decline in business revenue. - FY2021-Q2WorsenedAnnual report
「In the inspection machine and solutions business, sales volumes of both printed circuit board inspection machines in the VISPER series and various solutions products declined due to the global spread of COVID-19. As a result, revenue was ¥257 million, a year-on-year decrease of ¥218 million, or 45.9%.」
In addition to stagnant sales due to price competition overseas, sales volumes of the VISPER series and other products declined due to the impact of COVID-19, resulting in a 45.9% year-on-year decline in business revenue. - FY2020WorsenedAnnual report
「Overseas sales volumes of printed circuit board visual inspection machines in the VISPER series remained sluggish. As a result, revenue was ¥933 million, a decrease of ¥93 million, or 9.1%, from the previous consolidated fiscal year.」
Stagnant overseas sales of the VISPER series resulted in a 9.1% year-on-year decline in full-year revenue, as the effects of price competition and weak demand continued. - FY2020-Q3WorsenedAnnual report
「In the Inspection Machines and Solutions Business, sales volumes of printed circuit board visual inspection machines in the VISPER series remained sluggish due to the impact of US-China trade friction. As a result, revenue was ¥693 million, a decrease of ¥133 million, or 16.2%, from the same period of the previous year.」
Sales volumes of the VISPER series remained sluggish due to the impact of US-China trade friction, and revenue in the Inspection Machines and Solutions Business declined 16.2% year on year. - FY2020-Q2From stagnant sales to lower profit marginsAnnual report
「Although revenue increased, intensifying price competition overseas reduced the profit margin on printed circuit board visual inspection machines. As a result, operating profit was ¥26 million, a decrease of ¥6 million, or 19.4%, from the same period of the previous year.」
The impact of price competition overseas continues, but this time it was reflected not in stagnant sales volumes or declining revenue, but in lower inspection machine profit margins and a 19.4% year-on-year decline in operating profit. - FY2020-Q1WorsenedAnnual report
「In the Inspection Machines and Solutions Business, sales volumes of printed circuit board visual inspection machines in the VISPER series remained sluggish overseas, particularly in China, due to the impact of US-China trade friction. As a result, revenue was ¥153 million, a decrease of ¥36 million, or 19.4%, from the same period of the previous year.」
In addition to the previous price competition overseas, US-China trade friction was explicitly identified as a new factor behind stagnant VISPER series sales, and revenue in the Inspection Machines and Solutions Business declined 19.4% year on year. - FY2019WorsenedAnnual report
「The profit margin on printed circuit board visual inspection machines declined due to intensifying price competition overseas. As a result, operating profit was ¥81 million, a decrease of ¥3 million, or 3.8%, from the previous consolidated fiscal year.」
Intensifying price competition overseas affected not only sales volumes but also the profit margin of the VISPER series, resulting in a 3.8% decline in operating profit in the Inspection Machines and Solutions Business. - FY2019-Q2WorsenedAnnual report
「In the Inspection Machines and Solutions Business, sales of various solutions business products increased, mainly in the domestic market, but the selling price of the core VISPER series of printed circuit board visual inspection machines declined due to intensifying competition. As a result, revenue was ¥458 million, a decrease of ¥26 million, or 5.5%, from the same period of the previous year.」
The selling price of the VISPER series declined due to intensifying competition, and revenue in the Inspection Machines and Solutions Business fell 5.5% year on year. - FY2019-Q1WorsenedAnnual report
「Various solutions business products performed steadily, mainly in the domestic market, but sales of the core VISPER series of printed circuit board visual inspection machines remained sluggish. As a result, revenue was ¥190 million, a decrease of ¥74 million, or 28.1%, from the same period of the previous year.」
Sluggish sales of the VISPER series resulted in a 28.1% year-on-year decline in revenue and an operating loss of ¥1 million in the Inspection Machines and Solutions Business. The decline widened in the current quarter from the 9.2% full-year decline in the previous fiscal year. - FY2018RestatedAnnual report
「Sales of the core VISPER series of printed circuit board visual inspection machines remained sluggish due to intensifying competition overseas. As a result, revenue was ¥931 million, a decrease of ¥94 million, or 9.2%, from the previous consolidated fiscal year.」
Sales of the VISPER series continued to be sluggish due to intensifying competition overseas, and revenue in the Inspection Machines and Solutions Business declined 9.2% year on year. - FY2018-Q3WorsenedAnnual report
「In the Inspection Machines and Solutions Business, sales volumes of printed circuit board visual inspection machines in the VISPER series remained sluggish due to intensifying competition overseas. As a result, revenue was ¥728 million, a decrease of ¥99 million, or 12.0%, from the same period of the previous year.」
Sales of the VISPER series remained sluggish due to intensifying competition overseas, and revenue in the Inspection Machines and Solutions Business declined 12.0% year on year. The decline widened from the previous 7.0% decrease. - FY2018-Q2WorsenedAnnual report
「In the Inspection Machines and Solutions Business, sales volumes of various solutions business products increased, mainly in Japan, but sales of printed circuit board visual inspection machines in the VISPER series remained sluggish due to intensifying competition overseas. As a result, revenue was ¥485 million, a decrease of ¥36 million, or 7.0%, from the same period of the previous year.」
In addition to the previous price competition in China, intensifying competition overseas was reported, and revenue in the Inspection Machines and Solutions Business, including the VISPER series, declined 7.0% year on year. - FY2017-Q3RestatedAnnual report
「In the Inspection Machines and Solutions Business, the Company worked to increase sales of printed circuit board visual inspection machines in the VISPER series and various solutions business products, but sales did not reach the level of the same period of the previous year, due in part to the impact of price competition in China, its main market.」
The impact of continued price competition in China has kept sales in the Inspection Machines and Solutions Business below the level of the same period of the previous year. - FY2017-Q2First statedAnnual report
「In the Inspection Machines and Solutions Business, the Company began selling the latest model in the VISPER series, the VISPER-ZERO series, which addresses issues with previous models of printed circuit board visual inspection machines, and expanded the lineup of products offered in various solutions businesses. However, sales volumes remained sluggish due to the impact of price competition in China, the Company's main market. As a result, revenue was ¥521 million, a decrease of ¥72 million, or 12.2%, from the same period of the previous year.」
Price competition in China resulted in stagnant sales volumes in the Inspection Machines and Solutions Business and a 12.2% year-on-year decline in revenue.