Impact on the contract manufacturing business from the discontinuation of production of certain products
First written in FY2018-Q1. 3 of 7 entries say "Restated". Latest entry: FY2020-Q3.
No other company in this theme has enough history to compare yet.
- FY2020-Q3RestatedAnnual report
「In the contract manufacturing business, sales of banknote authentication sensor modules, which had continued to decline through the first half, showed signs of bottoming out. However, the discontinuation of production for certain supplied products in the communications and amusement equipment business in the previous fiscal year had a significant impact, resulting in lower revenue and lower segment profit year on year.」
The discontinuation of production for certain supplied products in the previous fiscal year continued to be cited as a factor behind lower revenue and profit in the contract manufacturing business during the third quarter. - FY2020-Q2RestatedAnnual report
「In the contract manufacturing business, sales of banknote authentication sensor modules were affected by the shift toward cashless payments in China, while the discontinuation of production for certain supplied products in the communications and amusement equipment business in the previous fiscal year also contributed to lower revenue and lower segment profit year on year.」
The discontinuation of production for certain supplied products in the previous fiscal year continued to be cited as a factor behind lower revenue and profit in the contract manufacturing business during the second quarter. - FY2020-Q1RestatedAnnual report
「In the contract manufacturing business, sales of banknote authentication sensor modules were affected by the shift toward cashless payments in China, while the discontinuation of production for certain supplied products in the communications and amusement equipment business in the previous fiscal year also contributed to lower revenue and lower segment profit year on year.」
The discontinuation of production for certain supplied products in the previous fiscal year continued to be cited as a factor behind lower revenue and profit in the contract manufacturing business during the quarter. - FY2019Production discontinuations again identified as a factor behind the full-year decline in revenue and profitAnnual report
「In the contract manufacturing business, sales of banknote authentication sensor modules declined due to the shift toward cashless payments in China, while the discontinuation of production for certain supplied products in the communications and amusement equipment business also resulted in lower revenue and lower segment profit year on year.」
The discontinuation of production for certain supplied products was explicitly identified as a factor behind the full-year decline in revenue and profit in the contract manufacturing business. - FY2018Focus shifted from production discontinuations to solid core-product sales and product mixAnnual report
「In the contract manufacturing business, profit margins declined slightly due to changes in the product mix for karaoke projects, but sales of banknote authentication sensor modules remained solid throughout the year, leaving both revenue and segment profit broadly in line with the previous year.」
The impact of the discontinuation of production for certain products, highlighted in the previous quarter, was not central to the full-year explanation; instead, the company pointed to changes in product mix and solid sales of banknote authentication sensor modules throughout the year. - FY2018-Q2Somewhat offset by solid sales of core productsAnnual report
「In the contract manufacturing business, sales of the banknote authentication sensor module, a core product, remained solid, with both revenue and segment profit broadly in line with the same quarter of the previous year.」
Unlike the previous quarter, when the discontinuation of production for certain products was cited as a factor behind lower revenue and profit, sales of banknote authentication sensor modules were solid this time, leaving revenue and segment profit broadly in line with the same period of the previous year. - FY2018-Q1First statedAnnual report
「The contract manufacturing business reported lower revenue and lower profit year on year, due to lower sales of banknote authentication sensor modules and the impact of the discontinuation of production for certain products.」
The discontinuation of production for certain products was mentioned for the first time, together with lower sales of banknote authentication sensor modules, as a factor behind the decline in revenue and profit in the contract manufacturing business.