Reduced Base Station Investment in the Telecommunications Market and Sluggish Growth in New Energy Demand
First written in FY2017-Q1. 9 of 16 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2021.
The whole theme swung hardest in 2019: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「Sales of power supply products for communications base stations increased ahead of the full-scale adoption of 5G standards.」
Against the risk of weakness in base-station investment and the communications market, growth in sales of power supply products for communications base stations was indicated, supported by 5G adoption. - FY2021-Q2MitigatedAnnual report
「In Social Systems products, demand for products for government agencies, including disaster-prevention-related products supported by the National Resilience Plan, increased, while products for the communications market also remained firm,」
Products for the communications market remained firm, indicating some improvement from the previous weakness in the base-station and communications markets. - FY2021-Q1RestatedAnnual report
「In Social Systems products, sales of power supply products for communications base stations and government agencies, supported by the National Resilience Plan, remained firm, enabling sales to be maintained at approximately the same level as in the same quarter of the previous year.」
Power supply products for communications base stations and government agencies related to the National Resilience Plan remained firm, keeping sales at approximately the same level as in the same period of the previous year. - FY2020MitigatedAnnual report
「In social infrastructure products, sales of products for private-sector demand declined amid China’s economic slowdown. However, sales of products for communications base stations and products for government agencies, including disaster-prevention-related products supported by the National Resilience Plan, increased, enabling sales to be maintained at the same level as in the previous fiscal year.」
Growth in sales of products for communications base stations and products for government agencies, including disaster-prevention-related products, kept Power Systems Business social infrastructure products at approximately the previous fiscal year’s level. - FY2020-Q3MitigatedAnnual report
「In the Power Systems Business, sales of social infrastructure products for communications base stations and private-sector markets exceeded those of the same period of the previous year, while sales to government agencies, supported by the National Resilience Plan, also contributed. As a result, sales were maintained at almost the same level as in the same period of the previous year. However, sales for the business as a whole declined because withdrawal from sales of unit products for nonstrategic markets progressed.」
The company explained that sales of social infrastructure products, including those for communications base stations, exceeded those of the same period of the previous year, indicating some mitigation of weakness in base-station demand. However, withdrawal from products for nonstrategic markets reduced total business net sales by 18.5% year on year. - FY2020-Q2WorsenedAnnual report
「In the Power Systems Business, sales of products for social infrastructure increased, driven by the National Resilience Plan, but sales of Social Systems products declined because of weakness in products for communications base stations and the impact of restrained capital investment in China.」
Although sales of products for social infrastructure increased, weakness in products for communications base stations and restrained capital investment in China reduced Power Systems Business net sales by 20.2% year on year. - FY2020-Q1WorsenedAnnual report
「In the Power Systems Business, in addition to sluggish sales of power supplies for communications base stations, sales of Social Systems products declined as investment was restrained.」
Sales of power supplies for communications base stations were sluggish, while sales of Social Systems products declined because of restrained investment, resulting in a 31.4% year-on-year decline in Power Systems Business net sales. - FY2019MitigatedAnnual report
「Demand is expected to grow for new power supplies for small-cell base stations as 5G communications standards become more widely adopted in the communications market,」
The company stated that, in contrast to concerns over declining base-station investment, new demand for power supplies for small-cell base stations is expected as 5G adoption progresses. This refers to expected future demand, not the achievement of actual results. - FY2019-Q2RestatedAnnual report
「In the Power Systems Business, sales of products for the communications market continued to recover,」
The recovery trend in sales of products for the communications market continued. - FY2019-Q1MitigatedAnnual report
「In the Power Systems Business, sales of products for the communications market continued to recover,」
The recovery trend in sales of products for the communications market continued. - FY2018-Q3MitigatedAnnual report
「In the Power Systems Business, sales declined because sales of products for the AV and office automation markets, including adapters for televisions and small printers with low profitability, were restrained. However, sales of products for mobile phone base stations recovered in the communications market, among other factors, and consolidated net sales for the business increased by ¥2.237 billion, or 11.1%, year on year to ¥22.378 billion.」
The recovery in products for mobile phone base stations continued, and Power Systems Business net sales increased by 11.1% year on year. - FY2018-Q2MitigatedAnnual report
「The recovery in products for mobile phone base stations in the communications market, among other factors, increased consolidated net sales for the business by ¥884 million, or 6.6%, year on year to ¥14.294 billion.」
The recovery in products for mobile phone base stations continued, and Power Systems Business net sales increased by 6.6% year on year. - FY2018-Q1MitigatedAnnual report
「Sales of products for the communications market began to recover, among other factors, and consolidated net sales for the business increased by ¥281 million, or 4.7%, year on year to ¥6.259 billion.」
The company reported a recovery in sales of products for the communications market, and Power Systems Business net sales increased by 4.7% year on year. No new explanation was provided regarding the new-energy market. - FY2017-Q3WorsenedAnnual report
「In the PS Business, sales of products for the new-energy market remained sluggish. As a result, consolidated net sales for the business decreased by ¥1.425 billion, or 15.2%, year on year to ¥7.938 billion, and the company recorded a consolidated operating loss of ¥470 million, compared with operating income of ¥338 million in the same quarter of the previous year.」
Sales of products for the new-energy market remained sluggish, reducing PS Business net sales by 15.2% and causing the business to shift from operating income in the previous year to an operating loss. - FY2017-Q2WorsenedAnnual report
「In the PS Business, sales of products for mobile phone base stations remained weak, while sales of products for the new-energy market also remained sluggish. As a result, consolidated net sales for the business decreased by ¥903 million, or 14.8%, year on year to ¥5.210 billion, and the company recorded a consolidated operating loss of ¥388 million, compared with operating income of ¥237 million in the same quarter of the previous year.」
Weakness in products for base stations and the new-energy market continued, and the PS Business shifted from operating income in the previous year to an operating loss. - FY2017-Q1First statedAnnual report
「Sales of products for the communications market remained weak, owing mainly to reduced investment in mobile operators’ base stations. In addition, sales of products for new energy remained sluggish. As a result, consolidated net sales for the business decreased by ¥453 million, or 18.7%, year on year to ¥1.975 billion.」
Investment in base stations declined and sales of products for new energy stagnated, resulting in an 18.7% year-on-year decline in PS Business net sales.