Deteriorating long-term earnings environment for the electrical equipment business
First written in FY2016. 15 of 25 entries say "Restated". Latest entry: FY2026-H1.
Daikokuya Holdings moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「For the fiscal year, revenue and operating profit in the electrical equipment business were ¥159 million (down ¥21 million year on year, or 12.0%) and ¥55 million (down ¥10 million, or 16.1%), respectively. In the electrical equipment business, capital investment continues to be restrained across the electrical equipment industry, and the reality is that new construction and inspection work for facilities by end users has been declining year after year.」
Amid a challenging environment marked by restrained capital investment and fewer construction projects, the electrical equipment business reported lower revenue and operating profit, with the impact of the risk becoming quantifiable in its results. - FY2025RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and in reality, new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment for the electrical equipment business due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2024-Q2RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment for the electrical equipment business due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2024-Q1RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment for the electrical equipment business due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2023-Q3WorsenedAnnual report
「During the cumulative nine-month period, revenue and operating profit in the electrical equipment business were ¥205 million (down ¥10 million year on year, or 5.0%) and ¥45 million (down ¥5 million, or 10.5%), respectively.」
Amid a challenging environment marked by restrained capital investment, fewer construction projects, rising material costs and the closure of subcontractors, both revenue and operating profit in the electrical equipment business declined year on year. - FY2023-Q2WorsenedAnnual report
「In the cumulative second quarter of the current consolidated fiscal year, sales and operating profit in the electrical equipment business were ¥135 million, down ¥16 million year on year, or 10.6%, and ¥27 million, down ¥10 million, or 26.9%, respectively.」
Amid a challenging environment marked by restrained capital investment, fewer construction projects, rising material costs and the closure of subcontractors, electrical equipment revenue declined 10.6% year on year and operating profit declined 26.9%. - FY2023-Q1WorsenedAnnual report
「(b) Electrical equipment business In the cumulative first quarter of the current consolidated fiscal year, sales and operating profit in the electrical equipment business were ¥63 million, down ¥14 million year on year, or 18.7%, and ¥9 million, down ¥12 million, or 56.3%, respectively. In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Under a challenging environment caused by restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors, sales in the electrical equipment business fell 18.7% year on year and operating profit fell 56.3%, increasing the impact on performance. - FY2022RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2022-Q3RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2022-Q2RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment for the electrical equipment business due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2021-Q3RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment for the electrical equipment business due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2021-Q2RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and in reality, new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2021-Q1WorsenedAnnual report
「In the cumulative first quarter of the current consolidated fiscal year, sales and operating profit in the electrical equipment business were ¥63 million, down 7.6% year on year, and ¥5 million, down 51.3%, respectively, partly due to the impact of COVID-19. In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year.」
The impact of COVID-19 was added to the longstanding restraint on capital investment and decline in construction projects, resulting in a 7.6% year-on-year decline in sales and a 51.3% decline in operating profit in the electrical equipment business. - FY2020-Q3WorsenedAnnual report
「In the cumulative third quarter of the current consolidated fiscal year, sales and operating profit in the electrical equipment business were ¥250 million, up 18.3% year on year, and ¥49 million, down 51.2%, respectively. In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year.」
As restraint on capital investment and fewer construction projects continued, operating profit in the electrical equipment business fell 51.2% year on year, further quantifying the impact of the challenging earnings environment on performance. - FY2020-Q2WorsenedAnnual report
「In the cumulative second quarter of the current consolidated fiscal year, sales and operating profit in the electrical equipment business were ¥156 million, down 21.1% year on year, and ¥23 million, down 63.4%, respectively. In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year.」
As restraint on capital investment and fewer construction projects continued, sales in the electrical equipment business fell 21.1% year on year and operating profit fell 63.4%, further quantifying the impact on performance. - FY2020-Q1WorsenedAnnual report
「In the cumulative first quarter of the current consolidated fiscal year, sales and operating profit in the electrical equipment business were ¥68 million, down 29.1% year on year, and ¥11 million, down 60.3%, respectively. In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and new facility construction and inspection work by end users are declining year by year.」
Against the previously recognized backdrop of restraint on capital investment and fewer construction projects, sales and operating profit in the electrical equipment business declined year on year, quantifying the impact on performance. - FY2019RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and in reality, new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2019-Q3RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and in reality, new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2019-Q2RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and in reality, new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment for the electrical equipment business due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2018-Q3RestatedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and in reality, new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
Reconfirmed the challenging earnings environment due to restraint on capital investment, fewer construction projects, higher material prices and the closure of subcontractors. - FY2018-Q1WorsenedAnnual report
「In the electrical equipment business, restraint on capital investment continues across the electrical equipment industry, and in reality, new facility construction and inspection work by end users are declining year by year. In addition, the environment has become even more challenging due to higher material and raw material prices and the closure of small subcontractors because of a shortage of successors, significantly affecting the Company’s electrical equipment business.」
The earnings environment for the electrical equipment business was described as increasingly challenging due to restraint on capital investment and fewer construction projects, as well as higher material prices and the closure of subcontractors. - FY2017RestatedAnnual report
「In addition to sluggish orders resulting from prolonged restraint on industrial capital investment, the earnings environment remains challenging due to higher material prices and logistics costs and intense price competition in a small market.」
Reconfirmed the challenging earnings environment for the electrical equipment business due to sluggish orders, rising costs and price competition. - FY2017-Q2RestatedAnnual report
「Although sales in the electrical equipment industry are recovering, driven by orders for products associated with inspections and reinforcement of facilities by end users following the Great East Japan Earthquake and the emergence of demand for LED-related products based on energy-saving needs, the earnings environment remains challenging due to sluggish orders resulting from prolonged restraint on industrial capital investment, higher material prices and logistics costs, and intense price competition in a small market.」
Reconfirmed the challenging earnings environment due to restraint on capital investment, sluggish orders, higher material and logistics costs, and price competition. - FY2017-Q1RestatedAnnual report
「In addition to sluggish orders resulting from prolonged restraint on industrial capital investment, the earnings environment remains challenging due to higher material prices and logistics costs and intense price competition in a small market.」
Reconfirmed the challenging earnings environment for the electrical equipment business due to sluggish orders, rising costs and price competition. - FY2016First statedAnnual report
「In addition to sluggish orders resulting from prolonged restraint on industrial capital investment, the earnings environment remains challenging due to higher material prices and logistics costs and intense price competition in a small market.」
Restraint on capital investment, sluggish orders, higher material and logistics costs, and price competition were cited as ongoing earnings risks.