Risk of cancellation, postponement or delays in overseas customers’ capital investment plans
First written in FY2017-Q2. 17 of 22 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2026.
Ikegami Tsushinki moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 41 of 56 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Although sales of medical monitors in China increased, sales of medical cameras declined during the year due to the stagnation of the Chinese economy and inventory adjustments at OEM customers.」
The stagnation of the Chinese economy and inventory adjustments at OEM customers materialized as a full-year decline in medical camera sales. - 2026-05-14MaterialisedEarnings
「Although the recognition of large projects will be limited in the current fiscal year as customers’ capital investment plans run their course, specific replacement projects and other projects are expected to take shape from the following fiscal year onward.」
The company indicated that large-project recognition would be limited as customers’ capital investment plans run their course, with customer investment plans emerging as a risk to project recognition in the current fiscal year. - FY2026-H1MaterialisedAnnual report
「Sales of medical cameras in the Chinese market were affected by continued delivery postponements for some outstanding orders, resulting in revenue below the same period of the previous year.」
For medical cameras in the Chinese market, continued delivery postponements for outstanding orders have materialized as a year-on-year decline in revenue. - FY2025MaterialisedAnnual report
「The significant decline in profit caused by the postponement to the next fiscal year or later of deliveries of highly profitable medical cameras to China affected results, and operating income, ordinary income, and net income attributable to owners of the parent all declined year on year.」
The postponement of medical camera deliveries to China actually occurred as a factor behind the full-year decline in profit. In the North American broadcasting market, capital investment has also been deferred in response to policy developments. - FY2025-H1MaterialisedAnnual report
「The number of carryover orders recognised as revenue during the interim consolidated accounting period remained low, as in the first quarter, resulting in a 33.5% decline in revenue to ¥5,549 million. In North America, sales of medical cameras increased, while sales of security cameras remained approximately level with the same period of the previous year. However, sales of broadcasting cameras and monitors fell below the same period of the previous year because deliveries, mainly for projects for government-related customers, were postponed until the third quarter onward as customer budgets were scheduled to be executed after the presidential election. In Europe as well, sales of medical cameras and monitors declined because customers postponed plans for new OEM projects and for other reasons.」
The low level of carryover orders, delays in the execution of budgets for North American government-related projects, and postponements of new European OEM projects have materialized as actual declines in revenue. - FY2024-Q2MaterialisedAnnual report
「Revenue in the broadcasting systems business fell below the same period of the previous year because replacement demand for outside broadcast vehicle systems, which had driven substantial sales growth in the previous year, had levelled off and demand declined, among other factors.」
Replacement demand for outside broadcast vehicle systems had levelled off, and the resulting decline in demand materialised as lower sales in the broadcasting systems business. - FY2024-Q1MaterialisedAnnual report
「In Europe, sales of medical cameras and monitors remained firm, but revenue was approximately level with the same period of the previous year because orders for broadcasting camera systems were pushed back from the second quarter onward.」
The postponement of orders for broadcasting camera systems in Europe actually occurred, contributing to regional revenue remaining approximately level with the same period of the previous year. - FY2023-Q2MaterialisedAnnual report
「In the industrial systems business, sales in the security business to government agencies increased, but sales were approximately level with the same period of the previous year because of the postponement of delivery schedules for projects in the plant market due to the COVID-19 pandemic.」
Customer-side postponements of delivery schedules due to the COVID-19 pandemic materialised as a factor depressing sales in the security business serving the plant market. - FY2022-Q3MaterialisedAnnual report
「In domestic sales, revenue from the Industrial Systems business exceeded the same period of the previous year. However, revenue from the Broadcasting Systems business fell below the same period of the previous year, partly because semiconductor and various component shortages delayed product deliveries and extended construction schedules.」
Actual postponements occurred in product deliveries and construction schedules, leading to lower sales in the domestic broadcasting systems business. Overseas, delays in equipment plans caused by variants also contributed to lower sales in Asia and North America. - FY2022-Q2MaterialisedAnnual report
「Sales of broadcasting camera systems remained sluggish in Southeast Asia, partly because of the renewed spread of the novel coronavirus, and revenue was slightly below the same period of the previous year.」
The renewed spread of infections in Southeast Asia materialised as sluggish sales of broadcasting camera systems and a year-on-year decline in regional revenue. - FY2021MaterialisedAnnual report
「The inspection equipment business also fell below the sales level of the same period of the previous year because deliveries scheduled for the fourth quarter were deferred to the next fiscal year.」
Customer delivery plan deferrals materialised as a decline in full-year sales in the inspection equipment business. - FY2021-Q3MaterialisedAnnual report
「Although North America's core broadcasting market was gradually recovering, revenue declined because the slowdown in customer capital expenditure in the medical market, which had continued from the second quarter, had a significant impact.」
In North America, the broadcasting market was gradually recovering, while the slowdown in customer capital expenditure in the medical market continued from the second quarter to materialise as lower sales. - FY2021-Q2MaterialisedAnnual report
「During the second quarter of the fiscal year, overseas sales declined slightly in Europe, while sales in Asia increased, supported by firm OEM sales of medical cameras in the Chinese market. However, sales declined sharply in North America, particularly because the slowdown in economic activity caused by COVID-19 had a significant impact. As in the first quarter, customer capital investment did not proceed as planned in either the core broadcast or medical markets, and restrictions on sales activities themselves continued.」
Customer capital expenditure in North America did not proceed as planned, and restrictions on sales activities continued, with the risk materialising as lower sales in the broadcasting and medical markets. - FY2020MaterialisedAnnual report
「Sales of broadcasting camera systems overseas fell below the initial forecast as projects were postponed or cancelled from the fourth quarter onward, partly because of the spread of the novel coronavirus.」
In overseas broadcasting markets, postponements and cancellations of projects, including those resulting from the spread of the novel coronavirus, actually occurred, and sales fell below the initial forecast. - FY2020-Q3MaterialisedAnnual report
「In the industrial systems business, sales in the inspection equipment business remained below those in the same period of the previous year, as the company was unable to recover the decline in sales caused by customers' postponed plans, which continued from the second quarter onward.」
Customers' postponed plans and other factors continued from the second quarter onward, resulting in lower sales in the inspection equipment business. In North America's broadcasting market as well, customer plan postponements contributed to sluggish sales. - FY2020-Q2MaterialisedAnnual report
「In the industrial systems business, sales in the inspection equipment business were substantially below those in the same period of the previous year, partly because customers postponed their plans.」
Postponements of customers' equipment and sales plans materialised as a substantial decline in sales in the inspection equipment business. - FY2019-Q2Domestic industrial systems order backlog increases; partial decline in overseas salesAnnual report
「In the domestic industrial systems business, the order backlog contributing to revenue from the third quarter onward is significantly above the prior-year period, but revenue for the second quarter was below the prior-year period.」
In domestic industrial systems, the order backlog from the third quarter onward was substantially above the same period of the previous year, while second-quarter sales were below the same period of the previous year. Overseas, declines in equipment demand and sales in North America and Europe continued. - FY2019-Q1Domestic replacement demand remains firm; overseas sales decline in Europe and AsiaAnnual report
「For the cumulative first quarter of the current fiscal year, overseas sales declined in Europe and Asia, excluding North America, while replacement demand for digital high-definition equipment in the domestic broadcasting market continued to perform well, as in the previous fiscal year.」
Demand for equipment replacement in the domestic broadcasting market continued to perform well, as in the previous fiscal year, while overseas sales in Europe and Asia declined. - FY2018Domestic replacement demand is expected to progress in stagesAnnual report
「However, unlike the period when each broadcaster introduced equipment at the same time at the launch of digital terrestrial broadcasting, replacement demand this time is expected to progress in stages at each broadcaster.」
Domestic replacement demand is expected to continue, but the company expects it to progress in stages rather than being introduced simultaneously by all broadcasters. - FY2017WorsenedAnnual report
「Domestic sales in the industrial systems business were slightly below those in the same period of the previous year because sales in the medical market, where medical camera sales had remained firm through the third quarter, declined in the fourth quarter as customers assessed trends in next-generation 4K technology.」
Fourth-quarter sales in the domestic medical market declined as customers assessed 4K trends, and the postponement of demand due to delayed equipment plans also emerged outside overseas broadcasting markets. - FY2017-Q3MaterialisedAnnual report
「Overseas, sales of medical cameras in North America were beginning to gain traction, but conditions surrounding equipment plans in the broadcasting market, which accounts for a high proportion of sales, did not improve from the second quarter. As a result, sales of broadcasting camera systems remained sluggish and revenue declined.」
Postponements of equipment plans in overseas broadcasting markets remained unresolved from the second quarter, resulting in lower sales of broadcasting camera systems. - FY2017-Q2First statedAnnual report
「Overseas, sales of medical cameras remained firm in North America, but sales declined because sales of broadcasting camera systems remained sluggish as broadcasting-market equipment plans were cancelled or postponed.」
Cancellations and postponements of equipment plans in North America's broadcasting market led to lower sales of broadcasting camera systems. In Asia, delays in equipment plans until the second half were also cited as a factor behind the decline in sales.