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Kyoritsu Electric (6874) · FactUpdate on full-year segment performance

Higher Revenue and Substantial Profit Growth in the Intelligent FA Systems Business

First written in FY2017-Q3. 16 of 32 entries say "Advanced", first in FY2017. Latest entry: FY2026.

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ProgressHeldSoftenedWorseAdvancedFY2023-Q3 – 2026-05-082017: 320172018: 420182019: 420192020: 320202021: 420212022: 420222023: 320232024: 320242025: 120252026: 32026
Same theme, other companies
Expanded FA Business Sales to the Semiconductor, Electronic Components, and Manufacturing SectorsA theme 5 companies write about · 1 as a headwind · 6 as a tailwind

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  1. FY2026Update on full-year segment performanceAnnual report

    「As a result, sales in the intelligent FA systems business for the consolidated fiscal year were ¥17,130 million, up 3.7% year on year, while operating profit was ¥2,000 million, down 17.3%, resulting in higher sales but lower profit.」

    Although demand for automated systems, inspection equipment and One Stop Shopping remained firm, higher raw material and labor costs associated with longer project periods resulted in higher sales but lower profit.
  2. 2026-05-08AdvancedEarnings

    「In the cumulative third quarter of the current consolidated fiscal year, revenue in the Intelligent FA Systems business was ¥13,647 million, up 5.7% year on year, and operating profit was ¥2,081 million, up 6.6%.」

    In the cumulative third quarter of the 68th fiscal year, the Intelligent FA Systems business reported higher revenue and profit year on year.
  3. FY2026-H1AdvancedAnnual report

    「As a result, net sales for the current consolidated interim period in the Intelligent FA Systems business were ¥8,557 million, up 9.8% year on year, and operating profit was ¥1,079 million, up 6.1%.」

    For the interim period of the 68th fiscal year, the Intelligent FA Systems business generated net sales of ¥8,557 million and operating profit of ¥1,079 million, with higher sales and profit year on year.
  4. FY2025-H1AdvancedAnnual report

    「As a result, net sales for the current consolidated interim period in the Intelligent FA Systems business were ¥7,790 million, up 29.6% year on year, and operating profit was ¥1,017 million, up 82.8%.」

    For the interim period of the 67th fiscal year, the Intelligent FA Systems business generated net sales of ¥7,790 million and operating profit of ¥1,017 million, with higher sales and significantly higher profit year on year.
  5. FY2024AdvancedAnnual report

    「As a result, for the current consolidated fiscal year, the Intelligent FA Systems business posted net sales of ¥12,897 million, up 12.1% year on year, and operating profit of ¥1,447 million, up 19.7%, resulting in higher sales and profit.」

    Net sales and operating profit in the business both increased against a backdrop of inspection equipment, robotics systems, automation systems, One Stop Shopping, and energy-saving and efficiency-improvement investment.
  6. FY2024-Q3AdvancedAnnual report

    「As a result, net sales for the cumulative first 3 quarters of the current consolidated fiscal year in the Intelligent FA Systems business were ¥10,173 million, up 14.3% year on year, and operating profit was ¥1,340 million, up 24.0%.」

    For the cumulative first 3 quarters of the 66th fiscal year, the Intelligent FA Systems business generated net sales of ¥10,173 million and operating profit of ¥1,340 million, with higher sales and profit year on year.
  7. FY2024-Q2AdvancedAnnual report

    「As a result, net sales for the cumulative first 2 quarters of the current consolidated fiscal year in the Intelligent FA Systems business were ¥6,012 million, up 23.0% year on year, and operating profit was ¥556 million, up 16.9%.」

    For the cumulative first 2 quarters of the 66th fiscal year, the Intelligent FA Systems business generated net sales of ¥6,012 million and operating profit of ¥556 million, with higher sales and profit year on year.
  8. FY2024-Q1AdvancedAnnual report

    「As a result, net sales for the cumulative first quarter of the current consolidated fiscal year in the Intelligent FA Systems business were ¥2,716 million, up 27.3% year on year, and operating profit was ¥185 million, up 81.3%.」

    For the cumulative first quarter of the 66th fiscal year, the Intelligent FA Systems business generated net sales of ¥2,716 million and operating profit of ¥185 million, with higher sales and significantly higher profit year on year.
  9. FY2023-Q3AdvancedAnnual report

    「As a result, net sales for the cumulative first 3 quarters of the current consolidated fiscal year in the Intelligent FA Systems business were ¥8,898 million, up 14.6% year on year, and operating profit was ¥1,080 million, up 18.2%.」

    For the cumulative first 3 quarters of the 65th fiscal year, the Intelligent FA Systems business generated net sales of ¥8,898 million and operating profit of ¥1,080 million, with higher sales and profit year on year.
  10. FY2023-Q2Quarterly results updateAnnual report

    「The Intelligent FA Systems business performed relatively steadily, supported by solid capital investment appetite among manufacturing customers, strong performance in various inspection equipment amid increased capital investment utilizing IoT during the COVID-19 pandemic, and growing demand for the water-quality testing business and various automation systems. However, higher raw-material prices and other factors resulted in higher sales but lower profit than in the same quarter of the previous year. As a result, net sales for the cumulative first 2 quarters of the current consolidated fiscal year were ¥4,886 million, up 4.2% year on year, and operating profit was ¥475 million, down 9.6%.」

    Demand for various inspection equipment, the water-quality testing business and automation systems expanded, while higher raw-material prices resulted in higher sales but lower profit in the Intelligent FA Systems business for the cumulative first 2 quarters of the 65th fiscal year.
  11. FY2023-Q1Quarterly results updateAnnual report

    「The high-value-added Intelligent FA Systems business was significantly affected by the prolonged semiconductor supply shortage. Even so, the robotics-related business expanded, manufacturers’ investment appetite, including for various inspection equipment, improved, and demand continued to exceed supply, keeping current orders solid. As a result, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥2,134 million, up 2.9% year on year, while operating profit was ¥102 million, down 43.6%.」

    The robotics-related business, investment appetite including for inspection equipment, and orders were described as solid, while the impact of semiconductor supply shortages resulted in higher net sales but lower operating profit year on year.
  12. FY2022Update on full-year segment performanceAnnual report

    「Although the prolonged semiconductor supply shortage had a significant impact on the Intelligent FA Systems business, various inspection equipment performed relatively well amid increased capital investment utilizing IoT during the COVID-19 pandemic. Demand for robotics-related businesses, water-quality testing systems and various automation systems expanded, and the Group’s “One Stop Shopping” initiative also bore fruit, with signs of improving profit margins emerging from the second half of the previous consolidated fiscal year. Net sales declined 1.5% year on year to ¥9,820 million, while operating profit increased 39.0% to ¥943 million.」

    Demand for inspection equipment, robotics, water-quality testing systems and automation systems expanded, and signs of improved profit margins from One Stop Shopping emerged, while semiconductor shortages resulted in lower sales but higher profit.
  13. FY2022-Q3Update on third-quarter segment performance for fiscal year 64Annual report

    「The Intelligent FA Systems business had performed relatively steadily, supported by strong performance in various inspection equipment amid increased capital investment utilizing IoT during the COVID-19 pandemic, growing demand for water-quality testing systems and various automation systems, and the strong performance of the “One Stop Shopping” initiative. However, the impact of shortages of some raw materials resulted in lower sales but higher profit than in the same quarter of the previous year. As a result, net sales for the cumulative first 3 quarters of the current consolidated fiscal year were ¥7,764 million, down 1.8% year on year, and operating profit was ¥914 million, up 30.5%.」

    Inspection equipment, water-quality testing systems, automation systems and One Stop Shopping were described as performing steadily or strongly, while raw-material shortages resulted in a 1.8% year-on-year decline in net sales and a 30.5% increase in operating profit.
  14. FY2022-Q2AdvancedAnnual report

    「As a result, net sales for the cumulative first 2 quarters of the current consolidated fiscal year in the Intelligent FA Systems business were ¥4,691 million, up 2.0% year on year, and operating profit was ¥526 million, up 170.6%.」

    The Intelligent FA Systems business generated net sales of ¥4,691 million and operating profit of ¥526 million, with higher sales and significantly higher profit year on year, against a backdrop of growing demand for inspection equipment, the water-quality testing business and automation systems.
  15. FY2022-Q1Quarterly results updateAnnual report

    「The Intelligent FA Systems business performed relatively steadily, supported in part by the expansion of the robotics-related business, and profit margins also improved. Although it continued to be affected by COVID-19, order conditions remained solid as investment appetite improved. As a result, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥2,075 million, down 7.0% year on year, while operating profit was ¥181 million, an increase of ¥177 million.」

    In the first quarter of the 64th fiscal year, the Intelligent FA Systems business was described as benefiting from expansion of the robotics-related business, improved profit margins, and solid orders resulting from a recovery in investment appetite. Net sales were ¥2,075 million, down 7.0% year on year, and operating profit was ¥181 million.
  16. FY2021Update on full-year segment performanceAnnual report

    「The Intelligent FA Systems business continued to perform relatively steadily from the middle of the fiscal year, with strong performance in various inspection equipment, expansion of the robotics-related business, and improved profit margins. However, together with weak performance in the first half, semiconductor supply shortages toward the end of the period and other factors resulted in lower sales and profit. Net sales declined 13.8% year on year to ¥9,974 million, and operating profit declined 41.4% to ¥678 million.」

    The inspection equipment and robotics-related businesses performed steadily from the middle of the fiscal year, with profit margins also improving, but full-year sales and profit declined because of weak performance in the first half and semiconductor supply shortages.
  17. FY2021-Q3Quarterly results updateAnnual report

    「As a result, net sales for the cumulative first 3 quarters of the current consolidated fiscal year in the Intelligent FA Systems business were ¥7,910 million, down 10.8% year on year, and operating profit was ¥700 million, down 31.0%.」

    For the cumulative first 3 quarters of the 63rd fiscal year, the Intelligent FA Systems business generated net sales of ¥7,910 million and operating profit of ¥700 million, with lower sales and profit year on year.
  18. FY2021-Q2Quarterly results updateAnnual report

    「The Intelligent FA Systems business had performed relatively steadily after the lifting of the state of emergency, supported by strong performance in various inspection equipment amid increased capital investment utilizing IoT during the COVID-19 pandemic and the expansion of its water-quality testing business, launched 2 years earlier. However, many customers remained cautious about capital investment, resulting in lower sales and profit than in the same quarter of the previous year. As a result, net sales for the cumulative first 2 quarters of the current consolidated fiscal year were ¥4,600 million, down 10.2% year on year, and operating profit was ¥194 million, down 45.3%.」

    The Intelligent FA Systems business performed relatively steadily in its inspection equipment and water-quality testing businesses, but customer caution toward capital investment resulted in net sales of ¥4,600 million and operating profit of ¥194 million, with lower sales and profit year on year.
  19. FY2021-Q1Quarterly results updateAnnual report

    「The Intelligent FA Systems business was affected by the COVID-19 pandemic, which pushed back customers’ capital investment schedules, and although signs of recovery were emerging, order conditions remained weak during the cumulative first quarter of the current consolidated fiscal year. In addition, severe restrictions on overseas travel pushed back the start of operations for some systems already ordered, resulting in lower sales and profit than in the same period of the previous year. As a result, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥2,231 million, down 5.4% year on year, and operating profit was ¥4 million, down 96.2%.」

    In the Intelligent FA Systems business, net sales declined 5.4% year on year and operating profit declined 96.2%, against a backdrop of delays in customers’ capital investment schedules, weak order conditions, and delays in system start-up caused by restrictions on overseas travel.
  20. FY2020-Q3AdvancedAnnual report

    「The Intelligent FA Systems business continued to perform steadily, driven by an upturn in the semiconductor-related industry, strong performance in various inspection equipment amid increased capital investment utilizing IoT, and continued solid performance in its water-quality testing business. The effects of the Company’s “One Stop Shopping” initiative and other measures also bore fruit, resulting in higher sales and profit than in the same quarter of the previous year. As a result, net sales for the cumulative first 3 quarters of the current consolidated fiscal year were ¥8,872 million, up 2.8% year on year, and operating profit was ¥1,015 million, up 6.5%.」

    For the cumulative first 3 quarters of the 62nd fiscal year, the Intelligent FA Systems business generated net sales of ¥8,872 million and operating profit of ¥1,015 million, with higher sales and profit year on year against a backdrop of the semiconductor-related industry, inspection equipment, the water-quality testing business and the One Stop Shopping initiative.
  21. FY2020-Q2Quarterly results updateAnnual report

    「The Intelligent FA Systems business continued to perform steadily, supported by strong demand for various inspection equipment amid increased capital investment utilizing IoT and the expansion of its water-quality testing business, launched 2 years earlier. However, sales recognition was also shifted into later periods because of the buildup of order backlogs, resulting in lower sales and higher profit than in the same quarter of the previous year. As a result, net sales for the cumulative first 2 quarters of the current consolidated fiscal year were ¥5,125 million, down 4.3% year on year, and operating profit was ¥356 million, up 0.4%.」

    For the cumulative first 2 quarters of the 62nd fiscal year, the Intelligent FA Systems business performed steadily in its inspection equipment and water-quality testing businesses, while the timing shift in sales recognition caused by order backlogs resulted in a 4.3% year-on-year decline in net sales and a 0.4% increase in operating profit.
  22. FY2020-Q1Quarterly results updateAnnual report

    「As a result, net sales for the cumulative first quarter of the current consolidated fiscal year in the Intelligent FA Systems business were ¥2,357 million, down 10.7% year on year, and operating profit was ¥108 million, down 0.4%.」

    For the cumulative first quarter of the 62nd fiscal year, the Intelligent FA Systems business was described as having solid order conditions and steady performance across its businesses, while net sales declined 10.7% year on year and operating profit declined 0.4%.
  23. FY2019Update on full-year segment performanceAnnual report

    「The market for the Intelligent FA Systems business is expanding, driven by strong performance in various inspection equipment amid increased capital investment utilizing IoT, active labor-saving investment prompted by labor shortages, and the continued rapid expansion of its water-quality testing business, launched 3 years earlier. Although there were periods of delays in procuring materials, the effects of the Group’s “One Stop Shopping” initiative also became increasingly evident. Net sales declined 10.3% year on year to ¥10,910 million, while operating profit increased 31.7% to ¥1,040 million.」

    In the 61st fiscal year, the Intelligent FA Systems business expanded its inspection equipment, labor-saving investment and water-quality testing businesses, while net sales declined and operating profit increased because of delays in material procurement and other factors.
  24. FY2019-Q3AdvancedAnnual report

    「The Intelligent FA Systems business posted higher sales and significantly higher profit after continuing to perform steadily, supported by strong demand for various inspection equipment amid increased capital investment utilizing IoT and the rapid expansion of its water-quality testing business, launched 2 years earlier. As a result, net sales for the cumulative first 3 quarters of the current consolidated fiscal year were ¥8,630 million, up 2.0% year on year, and operating profit was ¥953 million, up 45.9%.」

    For the cumulative first 3 quarters of the 61st fiscal year, the Intelligent FA Systems business generated net sales of ¥8,630 million and operating profit of ¥953 million, supported by strong performance in its inspection equipment and water-quality testing businesses.
  25. FY2019-Q2Quarterly results updateAnnual report

    「The Intelligent FA Systems business continued to perform steadily, supported by strong demand for various inspection equipment amid increased capital investment utilizing IoT and the rapid expansion of its water-quality testing business, launched 2 years earlier. However, sales recognition was significantly pushed into later periods because of the buildup of order backlogs, resulting in lower sales but higher profit. As a result, net sales for the cumulative first 2 quarters of the current consolidated fiscal year were ¥5,355 million, down 4.1% year on year, and operating profit was ¥354 million, up 8.2%.」

    For the cumulative first 2 quarters of the 61st fiscal year, the Intelligent FA Systems business performed steadily in its inspection equipment and water-quality testing businesses, while the timing shift in sales recognition caused by order backlogs resulted in a 4.1% year-on-year decline in net sales and an 8.2% increase in operating profit.
  26. FY2019-Q1Quarterly results updateAnnual report

    「The Intelligent FA Systems business continued to perform steadily, supported by strong demand for various inspection equipment amid increased capital investment utilizing IoT and the rapid expansion of its water-quality testing business, launched 2 years earlier. As a result, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥2,640 million, down 2.7% year on year, and operating profit was ¥108 million, down 2.8%.」

    Although the company described its various inspection equipment and water-quality testing businesses as performing steadily, cumulative first-quarter net sales and operating profit in the Intelligent FA Systems business for the 61st fiscal year both declined year on year.
  27. FY2018AdvancedAnnual report

    「The Intelligent FA Systems business posted higher sales and profit as its inspection equipment business for the home appliance industry, particularly air conditioners, performed strongly, investment in labor-saving equipment increased in response to labor shortages, boosting the robotics business, and its water-quality testing business, launched 2 years earlier, expanded rapidly. Net sales increased 8.7% year on year to ¥12,157 million, and operating profit increased 29.1% to ¥790 million.」

    For the 60th fiscal year, the Intelligent FA Systems business generated net sales of ¥12,157 million and operating profit of ¥790 million, driven by growth in its inspection equipment, robotics and water-quality testing businesses.
  28. FY2018-Q3AdvancedAnnual report

    「The Intelligent FA Systems business posted higher sales and profit as various testing machines aimed at improving manufacturers’ production capabilities, systems businesses focused on efficiency and automation, and environmental businesses such as continuous water-quality monitoring equipment all performed strongly. As a result, net sales for the cumulative first 3 quarters of the current consolidated fiscal year were ¥8,465 million, up 2.5% year on year, and operating profit was ¥653 million, up 22.0%.」

    For the cumulative first 3 quarters of the 60th fiscal year, the Intelligent FA Systems business benefited from strong performance in testing equipment, systems for efficiency and automation, and environmental businesses such as continuous water-quality monitoring equipment. Net sales increased 2.5% year on year and operating profit increased 22.0%.
  29. FY2018-Q2AdvancedAnnual report

    「The Intelligent FA Systems business posted substantial increases in sales and profit, supported by sales from a large-scale solar power generation facility project and strong performance in testing machines aimed at improving manufacturers’ production capabilities, as well as systems businesses focused on efficiency and automation. As a result, net sales for the cumulative first 2 quarters of the current consolidated fiscal year were ¥5,587 million, up 20.6% year on year, and operating profit was ¥327 million, up 82.0%.」

    For the cumulative first 2 quarters of the 60th fiscal year, the Intelligent FA Systems business posted a 20.6% year-on-year increase in net sales and an 82.0% increase in operating profit, driven by strong performance in large-scale projects, testing equipment, and systems for efficiency and automation.
  30. FY2018-Q1AdvancedAnnual report

    「The Intelligent FA Systems business posted substantial increases in sales and profit, as various testing machines aimed at improving manufacturers’ production management capabilities and systems businesses aimed at labor saving and production efficiency improvements performed strongly. As a result, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥2,714 million, up 30.1% year on year, and operating profit was ¥111 million, 11.5 times the year-earlier level.」

    In the first quarter of the 60th fiscal year, net sales in the Intelligent FA Systems business increased 30.1% year on year and operating profit reached 11.5 times the year-earlier level, supported by strong performance in testing equipment and labor-saving systems.
  31. FY2017AdvancedAnnual report

    「The Intelligent FA Systems business posted significantly higher profit, as the semiconductor substrate inspection systems business performed well and profit margins improved substantially, while inspection systems for the home appliance industry, particularly air conditioners, and labor-saving systems also performed well. Revenue was ¥11,184 million, up 3.5% year on year, and operating profit was ¥612 million, up 93.9%.」

    For the full 59th fiscal year, net sales in the Intelligent FA Systems business increased 3.5% year on year, while operating profit increased 93.9%.
  32. FY2017-Q3First statedAnnual report

    「As a result, net sales for the cumulative first 3 quarters of the current consolidated fiscal year in the Intelligent FA Systems business were ¥8,258 million, up 1.0% year on year, and operating profit was ¥535 million, up 53.6%.」

    The business posted higher sales and significantly higher profit, driven by strong transactions involving testing equipment for the transportation equipment and home appliance industries, as well as higher added value from software development.
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  1. ★This thread
  2. 1Record highs in revenue, operating income, ordinary income and net income5×
  3. 2Stable, Ongoing Dividends and Dividend Increases3×
  4. 3Expansion of the Overseas Network and Overseas Business2×
  5. 4Consolidated ordinary profit margin of 5% and consolidated ROE of 10%2×
  6. 5Source of uncertainty for earnings growth due to the semiconductor shortage2×
  7. 6Debt Guarantees for Borrowings by Overseas Subsidiaries2×

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Higher Revenue and Substantial Profit Growth in the Intelligent FA Systems Business | KYORITSU ELECTRIC CORPORATION (6874) | Komori