Komori
Optoelectronics (6664) · RiskWorsened

Weak Overseas Sales of Modules and Terminals

First written in FY2017-Q2. 10 of 32 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-10-02.

32entries
10years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2023-Q1 – FY2023OtherFY2024-Q2 – FY2025-H12017: 220172018: 220182019: 420192020: 420202021: 320212022: 420222023: 420232024: 220242025: 220252026: 52026
Same theme, other companies
Impact on performance from stagnation in overseas markets, including South Korea and ASEANA theme 42 companies write about · 44 as a headwind · 0 as a tailwind

Optoelectronics moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).

The whole theme swung hardest in 2019: 15 of 34 companies on the "Worse" side.

11 other companies' latest entry also says "Worsened".

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.
Showing 14 of the 42 companies compared. The sentences above are computed from all 42.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1Overseas sales declined significantly, particularly in the USAnnual report

    「In the United States, Europe, Asia and other regions, the industry recession had an adverse impact, and sales declined sharply in the United States in particular due to postponed deliveries to major customers and other factors.」

    The U.S. declined 41.9% year on year, while Europe, Asia and other regions declined 5.4%. In addition to the industry downturn, delivery postponements by major U.S. customers contributed to the decline in overseas sales.
  2. 2026-04-03WorsenedEarnings

    「In the United States, Europe, Asia and other regions, the industry recession had an adverse impact, and sales declined sharply in the United States in particular due to postponed deliveries to major customers and other factors.」

    The industry recession continued overseas, and sales in the United States fell 41.5% year on year due to postponed deliveries to major customers and other factors.
  3. FY2025MitigatedAnnual report

    「In the US and Europe, Asia and other regions, sales were almost flat year on year despite one-off large shipments, as the industry downturn and continuing inventory adjustments continued to weigh on results.」

    Although US and Europe, Asia and other regional sales declined in the previous fiscal year, both regions were almost flat this fiscal year, partly due to one-off large shipments. However, the industry downturn and inventory adjustments continued.
  4. FY2025-H1US and Europe, Asia and other regional sales continued to declineAnnual report

    「In the US and Europe, Asia and other regions, sales declined year on year due to the impact of the industry downturn and continuing inventory adjustments, among other factors.」

    Sales declined in the US and Europe, Asia and other regions due to the industry downturn and continuing inventory adjustments.
  5. FY2024US sales increased in yen terms but declined in foreign-currency terms due to yen depreciation; Europe, Asia and other regions also saw lower salesAnnual report

    「In the US, sales in yen terms increased year on year due to the weaker yen, but sales declined in foreign-currency terms as the industry downturn and ongoing inventory adjustments continued to weigh on results. In Europe, Asia and other regions, sales also declined year on year due to the industry downturn and continuing inventory adjustments.」

    US sales increased 6.0% in yen terms but declined in foreign-currency terms, while sales in Europe, Asia and other regions declined 11.2%. The impact of the industry downturn and inventory adjustments continued to weigh on overseas sales.
  6. FY2024-Q2US sales were flat, while Europe, Asia and other regions saw lower sales as the economic recovery slowedAnnual report

    「In the US, sales were flat year on year. In Europe, Asia and other regions, sales declined year on year due to the slowing economic recovery in Europe and other factors.」

    US sales improved to nearly flat, declining 0.2% year on year, while sales in Europe, Asia and other regions declined 7.3% due to the slowing economic recovery in Europe and other factors.
  7. FY2023WorsenedAnnual report

    「In the US and Europe, Asia and other regions, sales declined year on year due to restrained customer capital investment, customers' failure to work through inventories accumulated during the previous fiscal year's component shortages and consequent reluctance to purchase, and intensified price competition with competitors following price increases implemented in response to higher product costs, among other factors.」

    In the two overseas regions, restrained capital investment, excess customer inventories, purchasing restraint, and intensified price competition following price increases materialized as lower sales.
  8. FY2023-Q3WorsenedAnnual report

    「In the US and Europe, Asia and other regions, the effects of component shortages and delivery delays had been resolved, but sales did not recover and declined year on year.」

    Even after component shortages and delivery delays were resolved, sales did not recover in the US or Europe, Asia and other regions, declining 8.0% and 7.6%, respectively, year on year.
  9. FY2023-Q2WorsenedAnnual report

    「In the US and Europe, Asia and other regions, sales declined due to intensified price competition with competitors and other factors.」

    In the two overseas regions, intensified price competition with competitors materialized as lower sales. US sales declined 5.4% year on year, while sales in Europe, Asia and other regions declined 7.7%.
  10. FY2023-Q1WorsenedAnnual report

    「In the US and Europe, Asia and other regions, sales declined due to lost business opportunities resulting from shortages of inventory and other factors.」

    Overseas, lost business opportunities due to inventory shortages materialized as lower sales in the US and Europe, Asia and other regions.
  11. FY2022US sales declined significantly following the end of a one-off project, while some regions in Europe, Asia and elsewhere saw higher salesAnnual report

    「In the US, sales declined significantly year on year following the completion of a one-off project involving 2D handheld scanners that had contributed to sales in the previous fiscal year. In Europe, Asia and other regions, sales increased year on year in some areas, including Italy.」

    US sales declined 44.8% following the completion of the one-off 2D handheld scanner project, while some regions in Europe, Asia and elsewhere, including Italy, recorded higher sales.
  12. FY2022-Q3US sales declined significantly following the end of a one-off project, while some regions in Europe, Asia and elsewhere saw higher salesAnnual report

    「Overseas, US sales declined significantly year on year following the completion of a one-off project in the previous fiscal year. In some regions of Europe, Asia and elsewhere, including Italy, France and Germany, sales increased year on year.」

    US sales remained weak following the completion of the one-off project, while some regions in Europe, Asia and elsewhere, including Italy, France and Germany, recorded higher sales.
  13. FY2022-Q2RestatedAnnual report

    「In the US, sales declined significantly year on year following the completion of a one-off project in the previous fiscal year. Europe, Asia and other regions continued to track in line with the plan, as they had in the first quarter.」

    US sales continued to decline following the completion of the one-off project, while Europe, Asia and other regions were described as tracking in line with the plan, as in the first quarter.
  14. FY2022-Q1US sales declined following the end of a one-off project but returned to the pre-project level and remained in line with the planAnnual report

    「In the US, sales declined significantly following the completion of a one-off project in the previous fiscal year, but returned to the level before the project began and continued to track in line with the plan set at the start of the fiscal year. Europe, Asia and other regions also continued to track in line with the plan.」

    Although overseas sales declined significantly in the US, the company explained that they had returned to the level before the one-off project and that both the US and Europe, Asia and other regions were tracking in line with the plan.
  15. FY2021MitigatedAnnual report

    「In Europe, Asia and other regions, economic activity remained stagnant due to COVID-19, as in the previous fiscal year, but sales increased year on year as economic activity continued to normalize with the spread of vaccines and other factors.」

    Despite the impact of COVID-19, sales in Europe, Asia and other regions increased as economic activity normalized, numerically easing the previous weakness in overseas sales.
  16. FY2021-Q3MitigatedAnnual report

    「Overseas, one-off projects through the second quarter contributed to a significant increase in US sales for the cumulative consolidated period through the third quarter. However, sales in the third quarter accounting period were at about the same level as in the previous fiscal year's corresponding period following completion of those projects. Sales in Europe, Asia and other regions increased year on year as economic activity continued to normalize with the spread of COVID-19 vaccines and other factors.」

    The US recorded a significant cumulative increase in sales due to one-off projects, while Europe, Asia and other regions also saw higher sales, numerically easing the weakness in overseas sales. However, US sales in the third quarter accounting period following the completion of the one-off projects were about the same as in the previous year's corresponding period.
  17. FY2021-Q2MitigatedAnnual report

    「Overseas, the US recorded a significant increase in sales, as it did in the first quarter, due to projects involving the adoption of the L-22X 2D handheld scanner for COVID-19 testing equipment. Sales in Europe, Asia and other regions increased amid improving economic sentiment due to higher COVID-19 vaccination rates and other factors.」

    The L-22X project resulted in significantly higher US sales, while improved economic sentiment led to higher sales in Europe, Asia and other regions, numerically easing the weakness in overseas sales. However, the US project was described as nonrecurring.
  18. FY2021-Q1MitigatedAnnual report

    「In the US, demand has continued to increase since the end of the previous fiscal year as the L-22X 2D handheld scanner was adopted as an accessory for testing equipment for COVID-19 and other applications. Europe, Asia and other regions continued to perform solidly and recorded year-on-year sales growth despite intermittent lockdowns continuing in countries across Europe.」

    Compared with the previous weakness in US and Europe, Asia and other regional sales, the US recorded significant sales growth on demand for the L-22X, while Europe, Asia and other regions also saw higher sales despite continuing lockdowns, easing the weakness in overseas operations.
  19. FY2020-Q3RestatedAnnual report

    「Overseas, US sales declined slightly year on year but continued to perform steadily. In Europe, Asia and other regions, sales continued to decline, reflecting the significant impact of COVID-19, lower selling prices, and stagnant sales and marketing activities.」

    The US was described as performing steadily despite a slight decline in sales, while sales in Europe, Asia and other regions continued to decline due to COVID-19, lower selling prices, and stagnant sales and marketing activities.
  20. FY2020-Q2WorsenedAnnual report

    「Overseas, US sales declined year on year, partly due to the decline in the first quarter, but continued to track in line with the plan. Sales in Europe, Asia and other regions declined year on year, reflecting the significant impact of COVID-19, lower selling prices resulting from the slowdown in the European economy, and stagnant sales and marketing activities.」

    US sales continued to decline, while in Europe, Asia and other regions, COVID-19, lower selling prices, and stagnant sales and marketing activities were reflected in lower sales.
  21. FY2020-Q1WorsenedAnnual report

    「In the US, sales declined year on year due to fewer projects won and downward pricing pressure. In Europe, Asia and other regions, sales also declined year on year as economic conditions deteriorated across industries in each country, with downward pricing pressure and lower replacement demand for new products, among other factors.」

    In the US, fewer projects won and downward pricing pressure, and in Europe, Asia and other regions, deteriorating economic conditions, downward pricing pressure and lower replacement demand for new products resulted in lower sales in both overseas regions.
  22. FY2019US sales increased, while Europe, Asia and other regions saw a significant declineAnnual report

    「In the US, the acquisition of a large 2D module project resulted in year-on-year growth. In Europe, Asia and other regions, sales declined year on year over the full fiscal year.」

    Weak US module and terminal sales eased, with large 2D module projects resulting in higher sales, while Europe, Asia and other regions recorded lower sales for the full fiscal year.
  23. FY2019-Q3US sales growth accelerated, while the decline in Europe, Asia and other regions widenedAnnual report

    「Overseas, US sales totaled ¥1,160 million, up 27.0% year on year, while sales in Europe, Asia and other regions totaled ¥2,037 million, down 12.2% year on year.」

    US sales increased 27.0% year on year, accelerating from the previous 24.9% growth. By contrast, sales in Europe, Asia and other regions declined 12.2%, widening the decline.
  24. FY2019-Q2US sales increased on a large first-quarter project, while Europe, Asia and other regions saw lower sales due to the economic slowdownAnnual report

    「Overseas, the US was sluggish during the second quarter accounting period, but the significant increase in sales from large first-quarter projects involving 2D scanners and modules contributed to year-on-year growth. Sales in Europe, Asia and other regions declined year on year, reflecting the slowdown in the European economy, but continued to perform solidly in line with the plan.」

    Although the US was sluggish during the second quarter accounting period itself, large first-quarter projects involving 2D scanners and modules resulted in cumulative sales growth of 24.9%. Europe, Asia and other regions saw lower sales but were described as performing solidly in line with the plan.
  25. FY2019-Q1US 2D products contributed to higher sales, while Europe, Asia and other regions saw a declineAnnual report

    「Overseas, 2D scanners and modules contributed to a significant year-on-year increase in US sales. Sales in Europe, Asia and other regions declined year on year but continued to perform solidly in line with the plan.」

    Compared with the previous weakness in US module and terminal sales, the company explained that 2D scanners and modules contributed to a significant increase in US sales this time. Europe, Asia and other regions saw lower sales but were described as performing solidly in line with the plan.
  26. FY2018US sales increased, while Europe, Asia and other regions saw a slight declineAnnual report

    「Revenue in Japan was ¥3,204 million, up 16.4% year on year; revenue in the United States was ¥1,319 million, up 8.3% year on year; and revenue in Europe, Asia and other regions was ¥3,025 million, down 1.1% year on year.」

    US sales returned to growth, easing the weakness in overseas product sales, while Europe, Asia and other regions recorded a 1.1% decline in sales.
  27. FY2018-Q2MitigatedAnnual report

    「Overseas sales were ¥610 million in the United States, up 1.5% year on year, and ¥1,606 million in Europe, Asia and other regions, up 3.1%.」

    Although weak US module and terminal sales had been reported previously, both the US and Europe, Asia and other regions recorded higher sales this time, numerically easing the weakness in overseas sales.
  28. FY2018-Q1SoftenedAnnual report

    「Although overseas operations were affected by foreign exchange movements, they remained firm as initially planned.」

    The weak overseas sales of modules and terminals that had been explicitly noted previously was not mentioned in the latest explanation of overall overseas operations, which were described as performing solidly in line with the initial plan despite foreign exchange effects. However, US sales declined 12.0% year on year.
  29. FY2017-Q3US product sales remained weak, while some products performed well in Europe, Asia and other regionsAnnual report

    「In the US, module and terminal sales failed to grow, totaling ¥889 million, down 22.2% year on year. In Europe, Asia and other regions, sales of 2D modules and scanners were strong and revenue in local currencies increased, but the yen's appreciation resulted in sales of ¥2,306 million, down 1.9% year on year, including a 4.6% decline attributable to foreign exchange movements.」

    Module and terminal sales remained weak in the US, while 2D modules and scanners performed well in Europe, Asia and other regions, resulting in divergent performance by product and region overseas.
  30. FY2017-Q2First statedAnnual report

    「Overseas sales of modules and terminals failed to grow, while the yen remained stronger than in the previous period. Sales in the United States were ¥602 million, down 28.1% year on year, including a 5.2% decline attributable to foreign exchange effects, while sales in Europe, Asia and other regions were ¥1,557 million, down 9.2%, including a 7.5% decline attributable to foreign exchange effects.」

    It was explained that weak module and terminal sales overseas actually contributed to the decline in sales in the US, Europe, Asia and other regions.
Moved together

"Performance Trend of Declining Revenue and Rising Earnings" moved the same way as this thread, in the same document, in 14 of its 32 moves.

1414121098★123456
  1. ★This thread
  2. 1Performance Trend of Declining Revenue and Rising Earnings14×
  3. 2Increase in operating profit driven by a significant improvement in the cost-of-sales ratio14×
  4. 3Decline in net assets due to a decrease in the foreign currency translation adjustment12×
  5. 4Operating Losses in the Japan and Europe/Asia and Other Segments10×
  6. 5Increase in Cash Flow from Operating Activities Primarily Due to a Decrease in Inventories9×
  7. 6Interest-Bearing Debt and Interest Rate Risk8×

★ 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 Optoelectronics yet. It last moved in the Earnings of 2026-10-02: "Worsened".
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