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Nec (6701) · RiskContinued decline in revenue from fire and disaster-prevention systems

The cyclical peak in demand for digital fire and emergency radio systems

First written in FY2017-Q2. 3 of 7 entries say "Restated". Latest entry: FY2023-Q3.

7entries
8years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2023-Q32016: 12017: 320172018: 020182019: 120192020: 020202021: 020212022: 120222023: 1
Same theme, other companies
Completion of the fire and emergency radio digitization demand cycleA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Other".

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Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3Continued decline in revenue from fire and disaster-prevention systemsAnnual report

    「Revenue from the Social Infrastructure business decreased by ¥4.2 billion, or 1.5%, from the same period of the previous year to ¥286.1 billion, despite higher sales to regional industries and the public sector, mainly due to lower sales to the media and fire and disaster prevention sectors.」

    Lower sales to the fire and disaster prevention sector continued to be identified as a factor behind the Social Infrastructure business's revenue decline. The decrease was ¥4.2 billion, or 1.5%, year on year.
  2. FY2023-Q2Lower revenue from fire and disaster prevention systemsAnnual report

    「Revenue from the Social Infrastructure business decreased by ¥9.5 billion, or 4.9%, from the same period of the previous year to ¥183.8 billion, mainly due to lower sales to the media and fire and disaster prevention sectors.」

    Lower sales to the fire and disaster prevention sector were identified as a factor behind the Social Infrastructure business's revenue decline, with weakness re-emerging in the demand mix for a field that had previously turned upward.
  3. FY2019Changes in demand mixAnnual report

    「Revenue from the Public business increased by ¥16.5 billion, or 1.8%, from the previous consolidated fiscal year to ¥949.6 billion, mainly due to higher sales to the aerospace and defense sectors and growth in fire and disaster prevention systems.」

    Revenue from fire and disaster prevention systems turned upward, indicating a demand mix different from the previous end of demand for the digitalization of fire and emergency radio systems.
  4. FY2018-Q2RestatedAnnual report

    「Revenue from the Public Business increased by ¥113.5 billion, or 38.7%, year on year to ¥407.0 billion, mainly because Japan Aviation Electronics Industry,Limited became a consolidated subsidiary from the fourth quarter of the previous consolidated fiscal year, although revenue from fire and disaster-prevention systems declined.」

    Although fire and disaster-prevention systems continued to decline and the impact of maturing demand for the digitalization of fire and emergency radio systems remained, overall revenue from the Public Business increased because Japan Aviation Electronics Industry,Limited became a consolidated subsidiary and for other reasons.
  5. FY2017RestatedAnnual report

    「Revenue decreased by ¥35.6 billion, or 4.6%, from the previous consolidated fiscal year to ¥736.0 billion, mainly because sales to public-sector customers declined as demand for the digitalization of fire and emergency radio systems reached maturity.」

    The maturation of demand for the digitalization of fire and emergency radio systems continued to weigh on full-year revenue from the Public Business.
  6. FY2017-Q3RestatedAnnual report

    「Revenue from the Public Business decreased by ¥63.8 billion, or 12.8%, year on year to ¥435.7 billion, mainly because sales from large government projects recorded in the same period of the previous year declined and sales to public-sector customers decreased as demand for the digitalization of fire and emergency radio systems reached maturity.」

    The maturation of demand for the digitalization of fire and emergency radio systems continued to weigh on revenue from the Public Business through the first 9 months.
  7. FY2017-Q2First statedAnnual report

    「Revenue from the Public Business decreased by ¥53.6 billion, or 16.0%, year on year to ¥282.1 billion, mainly because sales from large government projects recorded in the same period of the previous year declined and sales to public-sector customers decreased as demand for the digitalization of fire and emergency radio systems reached maturity.」

    The maturation of demand for the digitalization of fire and emergency radio systems is specifically cited as a factor behind the decline in revenue from the Public Business.
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