Year-End Concentration of Information Equipment Sales
First written in FY2018-Q1. 6 of 16 entries say "Worsened", first in FY2020-Q2. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 10 of 32 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- FY2024-Q3AdvancedAnnual report
「Deliveries of the next-generation audio console scheduled for the fourth quarter were brought forward, resulting in sales and profit substantially exceeding those of the same quarter of the previous year.」
For information equipment-related deliveries, which tend to be concentrated in the latter half of the fiscal year and the fourth quarter, deliveries of next-generation audio consoles were brought forward, resulting in third-quarter revenue and profit exceeding the same period of the previous year. - FY2024-Q2WorsenedAnnual report
「Revenue for the cumulative second quarter declined because one-off factors supporting higher revenue in the same period of the previous year, including deliveries of wireless intercom systems brought forward, had lapsed. Revenue declined 20.4% year on year to ¥87.7 million, and the segment loss widened to ¥125 million from ¥18 million in the same period of the previous year, resulting in lower revenue and a continuing loss.」
The one-off factor of wireless intercom system deliveries brought forward in the same quarter of the previous year disappeared, leaving the information equipment-related business with a 20.4% year-on-year revenue decline and a segment loss of ¥125 million. - FY2024-Q1ReframedAnnual report
「Sales declined because, in addition to seasonal fluctuations in demand for broadcasting equipment, one-off factors such as the advance delivery of wireless intercom systems in the same quarter of the previous year disappeared.」
The concentration of information equipment-related revenue, together with seasonality and the reversal of deliveries brought forward in the same quarter of the previous year, was identified as a factor behind the first-quarter revenue decline. - FY2023-Q2AdvancedAnnual report
「Sales and profit increased in the second quarter because sales of telecommunications equipment scheduled for the second half were brought forward, among other factors.」
For information equipment-related revenue, which tends to be concentrated at the fiscal year-end and in the second half, telecommunications equipment sales scheduled for the second half were brought forward, increasing second-quarter revenue and profit. - FY2023-Q1MitigatedAnnual report
「Although broadcasting equipment deliveries are often concentrated at the ends of the second and fourth quarters, revenue increased from the same quarter of the previous year because deliveries of wireless intercom systems and other products were brought forward from the second quarter.」
Although the structure of broadcasting equipment deliveries being concentrated at the ends of the second and fourth quarters remains, first-quarter revenue increased because deliveries of wireless intercom systems were brought forward. - FY2022WorsenedAnnual report
「The company was developing new broadcasting equipment, its core products, in anticipation of future technological changes, including networking, and planned to secure profit by delivering it to customers in the fourth quarter. However, deliveries were postponed because of difficulties procuring components, including semiconductors, resulting in a substantial decline in revenue for the fiscal year.」
In the information equipment-related business, which depends on deliveries at the fiscal year-end, planned fourth-quarter deliveries were postponed because of component shortages, resulting in a segment loss of ¥638 million. - FY2022-Q1RestatedAnnual report
「In the information equipment business, it was difficult to install and maintain broadcasting facilities, our core products, ahead of international sporting events. As deliveries of these products were scheduled mainly for the end of the fiscal year, sales for the nine months ended 31 December were sluggish.」
The structural concentration of broadcasting equipment-related revenue at the fiscal year-end continued, resulting in weak first-quarter revenue. - FY2021MitigatedAnnual report
「However, by securing the sales planned for the fourth quarter, we returned to profitability for the full year.」
Although the concentration of revenue at the fiscal year-end and in the second half and insufficient revenue from the first half through the third quarter remained, the company secured its planned revenue in the fourth quarter and returned to annual profitability. - FY2021-Q2WorsenedAnnual report
「In the information equipment business, capital investment demand among broadcasters, our core customers, was weak, while most sales were scheduled for the end of the fiscal year. As a result, sales for the nine months ended 31 December did not reach the level required to secure profit.」
Under a structure in which revenue is concentrated at the fiscal year-end, broadcasters’ capital investment demand was weak, leaving revenue for the cumulative second-quarter period below the required level. - FY2021-Q1WorsenedAnnual report
「In the information equipment business, capital investment demand among broadcasters, our core customers, was weak, while most sales were scheduled for the end of the fiscal year. As a result, sales for the nine months ended 31 December did not reach the level required to secure profit.」
Under a structure in which revenue is concentrated at the fiscal year-end, broadcasters’ capital investment demand was weak, leaving cumulative first-quarter revenue below the required level. - FY2020-Q3WorsenedAnnual report
「In the information equipment business, demand for audio mixing equipment and wireless microphone systems for broadcasters did not increase as much as expected, and some capital investment projects were postponed. As a result, sales for the nine months ended 31 December did not reach the level required to secure profit.」
Under a structure in which revenue is concentrated at the fiscal year-end and in the second half, demand was below expectations and capital investment projects were postponed, leaving cumulative third-quarter revenue below the required level. - FY2020-Q2WorsenedAnnual report
「In the information equipment business, we had expected substantial sales of audio mixing consoles (mixers) for broadcasters and monitoring equipment for telecommunications operators in September, the end of the first half. However, as monitoring equipment sales were deferred to the second half and demand for broadcasting equipment did not increase as much as expected, sales for the six months ended 30 September did not reach the level required to secure profit.」
Under a structure in which revenue is concentrated at the fiscal year-end and in the second half, sales expected at the end of the first half were postponed and demand for broadcasting equipment was below expectations, leaving revenue below the required level. - FY2020-Q1RestatedAnnual report
「The information equipment-related business plans to deliver broadcasting equipment, including audio mixing consoles primarily for broadcasters, for international sporting events and broadcasters’ renewal demand, as well as monitoring equipment for telecommunications carriers, mainly at the fiscal year-end. Although efforts are being made to level revenue, sales during the cumulative first quarter did not reach the level required to secure profit.」
The concentration of broadcasting equipment and monitoring equipment sales at the fiscal year-end was reaffirmed, along with efforts to level revenue and the first quarter’s insufficient sales. - FY2019-Q3RestatedAnnual report
「In the information equipment business, inquiries for year-end deliveries of broadcasting equipment, including audio mixing consoles (mixers), progressed steadily against the backdrop of 4K/8K broadcasting support, major sporting events and broadcaster upgrade demand.」
The concentration of broadcasting equipment-related revenue at the fiscal year-end was identified as a structural feature, while orders for delivery by the fiscal year-end were progressing steadily. - FY2019-Q1RestatedAnnual report
「Revenue from the information equipment-related business is usually concentrated at the fiscal year-end, but during the cumulative first quarter, sales of monitoring equipment for telecommunications carriers were also concentrated, resulting in higher revenue and profit than usual.」
The structural concentration of information equipment-related revenue at the fiscal year-end continues, but revenue and profit increased above usual levels this quarter because monitoring equipment sales were concentrated. - FY2018-Q1First statedAnnual report
「Because revenue from broadcasting equipment-related products is concentrated at the fiscal year-end, first-quarter revenue declined substantially by 30.6% year on year to ¥61 million.」
The business structure in which broadcasting equipment-related revenue is concentrated at the fiscal year-end was described for the first time and explained as the background to the first-quarter revenue decline.