Komori
Taiyo Technolex (6663) · FactRestated

Expansion of the trading business for small- and medium-sized displays

First written in FY2016-Q2. 12 of 17 entries say "Worsened", first in FY2017-Q1. Latest entry: FY2020.

17entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2017-Q1 – FY20192016: 220162017: 420172018: 320182019: 420192020: 320202021: 12021
Same theme, other companies
Performance Fluctuations in the Small- and Medium-Sized Display Trading BusinessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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

Full recordFilings, disclosures and news, newest first
  1. FY2020RestatedAnnual report

    「Although sales of inspection jigs for small and medium-sized displays declined, sales increased due to higher sales related to industrial robots.」

    Although lower sales of inspection jigs for small and medium-sized displays continued, higher industrial robot-related sales led to higher sales for the industrial machinery systems business as a whole.
  2. FY2020-Q3WorsenedAnnual report

    「Although sales of inspection jigs for small and medium-sized displays declined, sales increased due to higher sales related to industrial robots.」

    The business as a whole generated higher sales due to increased industrial robot-related sales, but lower sales of inspection jigs for small and medium-sized displays continued, weakening the previous growth theme for display-related products.
  3. FY2020-Q1RestatedAnnual report

    「Although sales of inspection jigs for small and medium-sized displays declined, sales increased due to higher sales related to industrial robots and other factors.」

    Although lower sales of inspection jigs for small and medium-sized displays continued, higher industrial robot-related sales led to higher sales for the industrial machinery systems business as a whole.
  4. FY2019WorsenedAnnual report

    「Sales declined because the acquisition of projects involving new products remained sluggish, acceptance of industrial robot-related projects was delayed, and sales of inspection jigs for small and medium-sized displays decreased. Accordingly, sales were ¥104 million, down 58.8% year on year, and the segment recorded a loss of ¥23 million, compared with segment profit of ¥9 million in the same period of the previous year.」

    In addition to lower sales of inspection jigs for small and medium-sized displays, sluggish new-product sales and delayed acceptance of robot projects resulted in lower sales and profit.
  5. FY2019-Q3WorsenedAnnual report

    「Sales declined because the acquisition of projects involving new products and other items remained sluggish and sales of inspection jigs for small and medium-sized displays decreased. Lower sales and higher personnel expenses associated with launching the industrial robot system integration service resulted in a loss. Accordingly, sales were ¥81 million, down 28.5% year on year, and the segment recorded a loss of ¥17 million, compared with segment profit of ¥0 million in the same quarter of the previous year.」

    In addition to sluggish acquisition of projects involving new products and lower inspection jig sales, higher personnel expenses associated with launching the robot system integration business contributed to a 28.5% decline in sales and a ¥17 million loss.
  6. FY2019-Q2WorsenedAnnual report

    「Sales declined due to lower sales of inspection jigs for small and medium-sized displays and slower-than-expected progress on industrial robot system integration service projects. Although the gross profit margin increased as the company focused on selling higher-value-added products, the impact of lower sales caused the loss to widen.」

    In addition to lower sales for small and medium-sized displays, delays occurred in the progress of industrial robot system integration projects, causing the industrial machinery systems business to incur a larger loss.
  7. FY2019-Q1WorsenedAnnual report

    「Sales declined due to lower sales of inspection jigs for small and medium-sized displays. Although the gross profit margin increased as the company focused on selling higher-value-added products, profit declined due to the impact of lower sales.」

    Lower sales of inspection jigs for small and medium-sized displays continued. Although the gross profit margin increased, sales and profit declined.
  8. FY2018WorsenedAnnual report

    「Although the company secured new orders for industrial robots, sales declined due to lower sales of liquid-crystal module inspection systems for small and medium-sized displays. Although the gross profit margin increased as the company focused on selling higher-value-added products, the impact of lower sales resulted in a loss. Accordingly, sales were ¥252 million, down 33.7% year on year, and the segment recorded a loss of ¥2 million, compared with segment profit of ¥20 million in the same period of the previous year.」

    While the company secured new industrial robot projects, lower sales for small and medium-sized displays caused the trading business to post a 33.7% decline in sales and move from profit in the previous year to a loss.
  9. FY2018-Q3WorsenedAnnual report

    「Sales declined due to lower sales of liquid-crystal module inspection systems for small and medium-sized displays and slower-than-expected acceptance of other products. Although the gross profit margin increased as the company focused on selling higher-value-added products, the impact of lower sales resulted in a loss. Accordingly, sales were ¥114 million, down 60.3% year on year, and the segment recorded a loss of ¥11 million, compared with segment profit of ¥13 million in the same quarter of the previous year.」

    Lower and delayed sales for small and medium-sized displays and acceptance of other products caused the trading business to move from profit in the previous year to a loss.
  10. FY2018-Q2WorsenedAnnual report

    「Sales declined due to lower sales of liquid-crystal module inspection systems for small and medium-sized displays. Although the gross profit margin increased as the company focused on selling higher-value-added products, the impact of lower sales resulted in a loss. Accordingly, sales were ¥88 million, down 55.8% year on year, and the segment recorded a loss of ¥5 million, compared with segment profit of ¥10 million in the same quarter of the previous year.」

    Due to lower sales for small and medium-sized displays, sales fell 55.8% and the segment moved from profit to loss.
  11. FY2018-Q1WorsenedAnnual report

    「Sales declined due to lower sales of liquid-crystal module inspection systems for small and medium-sized displays. Although the gross profit margin increased as the company focused on selling higher-value-added products, the impact of lower sales resulted in a loss. Accordingly, sales were ¥55 million, down 56.1% year on year, and the segment recorded a loss of ¥1 million, compared with segment profit of ¥7 million in the same quarter of the previous year.」

    Lower sales of liquid-crystal module inspection systems for small and medium-sized displays caused sales to fall 56.1%, and the segment moved from profit to loss.
  12. FY2017-Q3WorsenedAnnual report

    「Sales declined due to the reactionary decline from the same quarter of the previous year, when there was a substantial order for liquid-crystal module inspection systems for small and medium-sized displays. Although the gross profit margin increased as the company focused on selling higher-value-added products, profit declined due to the impact of lower sales. Accordingly, sales were ¥288 million, down 47.7% year on year, and segment profit was ¥13 million, down 67.5%.」

    The reactionary decline from the substantial orders received in the previous year continued, with sales down 47.7% and segment profit down 67.5%.
  13. FY2017-Q2WorsenedAnnual report

    「Sales declined due to the reactionary decline from the same quarter of the previous year, when there was a substantial order for liquid-crystal module inspection systems for small and medium-sized displays. Although the gross profit margin increased as the company focused on selling higher-value-added products, profit declined due to the impact of lower sales. Accordingly, sales were ¥201 million, down 47.1% year on year, and segment profit was ¥10 million, down 57.0%.」

    The reactionary decline from the substantial orders received in the previous year continued, with sales down 47.1% and segment profit down 57.0%.
  14. FY2017-Q1WorsenedAnnual report

    「Sales declined due to the reactionary decline from the same quarter of the previous year, when there was a substantial order for liquid-crystal module inspection systems for small and medium-sized displays. Although the gross profit margin increased as the company focused on selling higher-value-added products, profit declined due to the impact of lower sales. Accordingly, sales were ¥126 million, down 44.4% year on year, and segment profit was ¥7 million, down 11.2%.」

    Due to the reactionary decline from the substantial orders received in the previous year, sales in the trading business fell 44.4% and segment profit fell 11.2%, worsening from the previous expansion trend.
  15. FY2016AdvancedAnnual report

    「Sales increased due to higher sales of liquid-crystal module inspection systems and other products for small and medium-sized displays, where demand remained strong. Profit increased as a result of the impact of higher sales. Accordingly, sales were ¥628 million, up 15.7% year on year, and segment profit was ¥41 million, up 95.0%.」

    The trading business for small and medium-sized displays generated higher sales and profit for the full year, with segment profit up 95.0% year on year.
  16. FY2016-Q3AdvancedAnnual report

    「Sales increased due to higher sales of liquid-crystal module inspection systems and other products for small and medium-sized displays, where demand remained strong. Profit increased as a result of the impact of higher sales. Accordingly, sales were ¥550 million, up 49.2% year on year, and segment profit was ¥40 million, up 358.4%.」

    Against a backdrop of demand for small and medium-sized displays, sales were ¥550 million, up 49.2% year on year, and segment profit was ¥40 million, up 358.4%.
  17. FY2016-Q2First statedAnnual report

    「Net sales increased as sales of liquid crystal module inspection systems and other products for small- and medium-sized displays, where demand was strong, rose. Profit increased due to the impact of higher net sales. As a result, net sales were ¥380 million, up 45.4% year on year, and segment profit was ¥25 million, up 399.9%.」

    The trading business increased both revenue and profit, supported by demand for liquid crystal module inspection systems and other products for small- and medium-sized displays.
Moved together

"Expansion and Return to Profitability of the PCB Inspection Equipment Business Driven by Chinese Capital Investment Demand" moved the same way as this thread, in the same document, in 9 of its 17 moves.

998866★123456
  1. ★This thread
  2. 1Expansion and Return to Profitability of the PCB Inspection Equipment Business Driven by Chinese Capital Investment Demand9×
  3. 2Company-wide Earnings Pressure from Higher Cost-of-Sales Ratio and Sales Commissions9×
  4. 3Overseas Economic and Financial Market Instability and Uncertainty over the Economic Outlook8×
  5. 4Decline in profitability of the mirror polishing machine business due to lower sales to the industrial machinery sector8×
  6. 5Intensifying Price Competition and Declining FPC Prototyping and Evaluation Projects6×
  7. 6Impairment Losses on Idle Assets and Other Assets6×

★ 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.

When this could move next
No upcoming earnings preview for Taiyo Technolex yet.
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