Response to Business Related to Smart Grids and Smart Meters
First written in FY2016. 14 of 34 entries say "Worsened", first in FY2017-Q3. Latest entry: 2026-10-01.
Oi Electric moved to the "Worse" side of this theme in 2017.
0 other companies' latest entry also says "Worsened".
- 2026-10-01Worsenedfinance.yahoo.co.jp
「Soaring raw material prices, particularly for communications equipment for second-generation smart meters, also weighed on profit margins.」
In the second-generation smart meter-related business, higher raw material prices emerged as a factor behind the deterioration in profit margins. - FY2026AdvancedAnnual report
「Sales in the IoT-related equipment business increased year on year due to progress in introducing communications equipment for second-generation smart meters for electric power companies, as well as an increase in projects for the water sector.」
The Company reported higher sales in the IoT-related equipment business due to progress in introducing second-generation smart meters and an increase in projects for the water sector. - FY2025AdvancedAnnual report
「As sales of the IoT-related equipment business, centered on communications equipment for electric power smart meters, increased, sales rose 8.6% year on year to ¥16.809 billion.」
Sales in the IoT-related equipment business, centered on communications equipment for electric power smart meters, reached ¥16.809 billion, up 8.6% year on year. - FY2025-H1AdvancedAnnual report
「As sales of the IoT-related equipment business, centered on communications equipment for electric power smart meters, increased, sales rose 6.8% year on year to ¥6.070 billion.」
Sales in the IoT-related equipment business, centered on communications equipment for electric power smart meters, increased 6.8% year on year. - FY2024RaisedAnnual report
「As electric power companies are scheduled to begin introducing second-generation smart meters in 2025, the related business is expected to expand. Since the early stages of smart-meter deployment, the Company has manufactured and sold communications functions and has accumulated a track record and expertise in this area. It aims to further expand its share of the related business by applying this experience to second-generation smart meters, while also working to expand its entry into smart-meter-related businesses for gas and water.」
Regarding the next-generation smart-meter market, the Company indicated plans to expand its share of the electric power market, centered on the introduction of second-generation meters in 2025, and to expand its business scope into the gas and water markets. - FY2024-Q3AdvancedAnnual report
「As sales of the IoT-related equipment business, centered on communications equipment for electric power smart meters, increased, sales rose 34.4% year on year to ¥9.133 billion.」
Sales in the IoT-related equipment business, centered on communications equipment for smart meters, increased 34.4% year on year. - FY2024-Q1Added an opportunity to expand the next-generation smart-meter marketAnnual report
「Regarding market conditions surrounding the Group, opportunities for the Company to enter and expand its business are expected to increase due to rising data traffic driven by the spread of fifth-generation mobile communications systems (5G) and corporate DX investment, the rapid spread of IoT devices, and market expansion toward the introduction of next-generation smart-meter systems from 2025 onward.」
In addition to its previous explanation assuming that conventional smart-meter-related demand had reached a plateau, the Company added market expansion toward the introduction of next-generation smart-meter systems from 2025 onward as a new opportunity for market entry and expansion. - FY2023-Q1WorsenedAnnual report
「As carrier-oriented optical transmission equipment and smart-meter-related equipment for electric power companies declined, sales decreased 45.5% year on year to ¥1.698 billion. Segment results were a loss of ¥623 million, with the loss increasing by ¥243 million year on year.」
Due to declines in optical transmission equipment and smart-meter-related equipment, sales in information and communications equipment manufacturing and sales decreased 45.5% year on year, and the segment loss widened. - FY2022RestatedAnnual report
「The Company selectively concentrated development investment on information and communications equipment and systems for its core social-infrastructure business, including electric power, railways, government agencies and telecommunications carriers; information and communications equipment and systems related to energy-management systems, including smart grids and smart meters; and priority businesses such as disaster prevention and IoT.」
The Company continues to position smart grids, smart meters and related areas as priority fields related to energy-management systems. - FY2021RestatedAnnual report
「Total research and development expenses for the period were ¥682.748 million. In research and development activities in the information and communications equipment manufacturing and sales field, the Company selectively concentrated development investment on information and communications equipment and systems for its core social-infrastructure business, including electric power, railways, government agencies and telecommunications carriers; information and communications equipment and systems related to energy-management systems, including smart grids and smart meters; and priority businesses such as disaster prevention and IoT.」
The Company continues to position smart-grid and smart-meter-related businesses as priority research and development areas related to energy-management systems. - FY2021-Q1WorsenedAnnual report
「Due in part to a decline in smart-meter-related equipment resulting from the postponement of certain projects, sales decreased 7.9% year on year to ¥2.228 billion. Segment results were a loss of ¥548 million, with the loss increasing by ¥402 million year on year due to the smaller scale of sales and deterioration in the cost ratio resulting from changes in the sales mix of core models.」
The postponement of certain smart-meter-related equipment projects and other factors widened the decline in sales in information and communications equipment manufacturing and sales, while the segment loss increased by ¥402 million from the year-earlier period. - FY2020RestatedAnnual report
「Regarding market conditions surrounding the Company, although the increase in demand accompanying expanded investment in smart-meter and smart-grid-related equipment by the electric power industry, a major customer, has run its course, opportunities for the Company to enter the market are expected to expand due to the spread of fifth-generation mobile communications systems (5G), increased data traffic resulting from greater internet use, and the rapid spread of IoT devices.」
While assuming that demand for smart-meter and smart-grid-related equipment has reached a plateau, the Company continues to describe 5G, rising data traffic and the spread of IoT devices as new market-entry opportunities. - FY2020-Q3RestatedAnnual report
「Although the increase in demand for investment in smart-meter and smart-grid-related equipment associated with electricity liberalization has run its course, the spread of fifth-generation mobile communications systems (5G) and growing social interest in IoT technology are expected to create opportunities for the Company to enter new businesses.」
While assuming that the increase in demand associated with electricity liberalization has run its course, the Company continues to view the spread of 5G and interest in IoT as opportunities to enter new businesses. - FY2020-Q2MitigatedAnnual report
「Although smart-grid-related equipment declined, sales increased 13.6% year on year to ¥5.134 billion due to increases in smart-meter-related equipment and disaster-prevention systems. Segment results were a loss of ¥42 million, with the loss decreasing by ¥649 million year on year, as profit margins temporarily improved because highly profitable projects were concentrated in the first half, and measures to improve profitability, including greater efficiency and reductions in material costs, outsourcing expenses, other expenses and labor costs, implemented from the beginning of the fiscal year, had a certain effect.」
While smart-grid-related equipment declined, smart-meter-related equipment and disaster-prevention systems increased, driving higher sales in information and communications equipment manufacturing and sales. The segment loss narrowed substantially from the year-earlier period, but the segment remained loss-making. - FY2020-Q1MitigatedAnnual report
「As smart-meter and smart-grid-related equipment and disaster-prevention-related equipment increased, sales rose 19.9% year on year to ¥2.419 billion, while segment results were a loss of ¥146 million, with the loss decreasing by ¥239 million year on year.」
Due to the increase in related equipment, sales in information and communications equipment manufacturing and sales increased 19.9% year on year, and the segment loss narrowed by ¥239 million from the year-earlier period. However, the segment remained loss-making. - FY2019WorsenedAnnual report
「Although the increase in demand for investment in smart-meter and smart-grid-related equipment associated with electricity liberalization has run its course, the spread of fifth-generation mobile communications systems (5G) and growing social interest in IoT technology are expected to create opportunities for the Company to enter new businesses.」
The Company continues to state that the increase in demand associated with electricity liberalization has run its course, while opportunities for new market entry have expanded into other growth areas. - FY2019-Q3WorsenedAnnual report
「As smart-meter and smart-grid-related equipment remained sluggish, following the previous fiscal year, sales decreased 5.4% year on year to ¥7.817 billion. Segment results were a loss of ¥1.359 billion, with the loss increasing by ¥847 million year on year due to a substantial increase in costs for new system development projects, which reached ¥873 million.」
The sluggish performance of smart-meter and smart-grid-related equipment continued, reducing sales in information and communications equipment manufacturing and sales. The segment loss also widened from the year-earlier period due to higher costs for new system development projects. - FY2019-Q2WorsenedAnnual report
「As smart-meter and smart-grid-related equipment declined, sales decreased 16.6% year on year to ¥4.521 billion, while segment results were a loss of ¥691 million, with the loss increasing by ¥306 million year on year.」
Due to the decline in related equipment, sales in information and communications equipment manufacturing and sales decreased 16.6% year on year, and the segment loss widened by ¥306 million from the year-earlier period. - FY2019-Q1WorsenedAnnual report
「Market conditions surrounding the Company continued to be affected over an extended period by higher power-generation costs resulting from the suspension of nuclear power plant operations in the electric power industry, a major customer. In addition, although the increase in demand for investment in smart-meter and smart-grid-related equipment associated with electricity liberalization has run its course, moves toward multiple vendors to achieve further cost reductions, particularly for smart-meter-related equipment, are creating opportunities for the Company to enter the market. / As smart-meter and smart-grid-related equipment declined, sales decreased 18.9% year on year to ¥2.017 billion, while segment results were a loss of ¥386 million, with the loss increasing by ¥123 million year on year.」
The information and communications equipment manufacturing and sales segment continued to report lower sales and widening losses due to declining demand for related equipment and the investment cycle reaching a plateau. At the same time, the Company noted opportunities for new market entry arising from the use of multiple vendors. - FY2018WorsenedAnnual report
「As smart-meter and smart-grid-related equipment declined substantially, sales decreased 20.3% year on year to ¥12.729 billion. Segment results were a loss of ¥337 million, a ¥663 million year-on-year decline, due to the smaller scale of sales, higher material costs resulting from changes in the product mix, and the occurrence of expenses for addressing defects, among other factors.」
The decline in related equipment continued for the full year, with sales in the information and communications equipment manufacturing and sales segment down 20.3% and a loss of ¥337 million. - FY2018-Q3WorsenedAnnual report
「As smart-meter and smart-grid-related equipment declined substantially, sales decreased 30.2% year on year to ¥8.265 billion, while segment results were a loss of ¥511 million, with the loss increasing by ¥730 million year on year.」
The decline in smart-meter and smart-grid-related equipment accelerated, with the year-on-year decline in sales in information and communications equipment manufacturing and sales widening to 30.2% and the segment loss increasing by ¥730 million from the year-earlier period. - FY2018-Q2WorsenedAnnual report
「As smart-meter and smart-grid-related equipment declined substantially, sales decreased 30.8% year on year to ¥5.419 billion, while segment results were a loss of ¥385 million, a ¥469 million year-on-year decline.」
The decline in smart-meter and smart-grid-related equipment continued, with sales in information and communications equipment manufacturing and sales down 30.8% year on year and segment results showing a loss of ¥385 million. - FY2018-Q1WorsenedAnnual report
「As smart-meter and smart-grid-related equipment declined substantially, sales decreased 42.2% year on year to ¥2.488 billion, while segment results were a loss of ¥263 million, a ¥517 million year-on-year decline.」
The decline in smart-meter and smart-grid-related equipment continued, with sales in information and communications equipment manufacturing and sales down 42.2% year on year and segment results showing a loss of ¥263 million. - FY2017WorsenedAnnual report
「Due to lower demand for the smart-meter and smart-grid-related equipment handled by the Company and a decline in optical equipment for electric power companies, sales declined 26.7% year on year to ¥15.962 billion. Segment profit declined 84.8% to ¥326 million, due to the smaller scale of sales and higher research and development expenses.」
The smart-meter and smart-grid-related investment cycle reached a plateau, and lower demand for related equipment was identified as a factor behind the full-year decline in sales and profit. - FY2017-Q3WorsenedAnnual report
「Due to the impact of lower demand for smart-meter and smart-grid-related equipment and a decline in optical equipment for the electric power sector, sales declined 20.4% year on year to ¥11.839 billion. Segment profit declined 84.6% to ¥218 million, due to the smaller scale of sales and an increase in development expenses as upfront investment costs.」
A decline in demand for smart-meter and smart-grid-related equipment, previously described as performing steadily, was reported, and sales and segment profit in information and communications equipment manufacturing and sales fell substantially. - FY2017-Q2RestatedAnnual report
「Although smart-meter and smart-grid-related equipment performed steadily, sales declined 12.6% year on year to ¥7.830 billion due to a decrease in optical equipment for the electric power sector. Segment profit declined 87.5% to ¥84 million, due to the smaller scale of sales and an increase in development expenses as upfront investment costs.」
While smart-meter and smart-grid-related equipment was described as performing steadily, the information and communications equipment manufacturing and sales segment reported lower sales and profit due to a decline in optical equipment and an increase in development expenses. - FY2017-Q1RestatedAnnual report
「As smart-meter and smart-grid-related equipment performed steadily, sales increased 8.1% year on year to ¥4.301 billion, while segment profit increased 4.5% to ¥254 million.」
The Company reported steady performance in related equipment, with sales and profit in the information and communications equipment manufacturing and sales segment exceeding the year-earlier period. - FY2016First statedAnnual report
「Businesses addressing the recent diversification and efficiency needs of energy infrastructure, including smart-grid and smart-meter-related businesses, and」
The Company explained that sales of related equipment increased substantially this period due to front-loaded demand ahead of the full liberalization of electricity retailing.