Komori
Shizuki Electric Company (6994) · FactRecord Revenue and Profit

First-quarter revenue and profit decline due to yen appreciation, guarantee provisions and other factors

First written in FY2017-Q1. 6 of 34 entries say "Restated". Latest entry: FY2026.

34entries
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ProgressHeldSoftenedWorseOtherFY2017-Q1 – FY20262016: 220162017: 420172018: 420182019: 420192020: 420202021: 420212022: 320222023: 320232024: 320242025: 220252026: 12026
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  1. FY2026Record Revenue and ProfitAnnual report

    「As a result, consolidated net sales for the consolidated fiscal year reached a record high of ¥27,995 million, up 2.4% from the previous fiscal year. Operating profit was ¥2,529 million, up 27.1% year on year, ordinary profit was ¥2,961 million, up 64.8%, and net profit attributable to owners of the parent was ¥1,990 million, up 66.6%. All earnings items reached record highs.」

    In addition to revenue, operating profit, ordinary profit, and net profit attributable to owners of the parent also reached record highs.
  2. FY2026-H1Interim revenue growth and substantial profit growthAnnual report

    「As a result, consolidated net sales for the interim consolidated accounting period were ¥13,249 million, up 3.2% from the same period of the previous year. As for earnings, operating profit was ¥1,118 million, up 98.9% year on year, reflecting the results of initiatives to improve productivity and growth in sales of highly profitable power equipment. Ordinary profit rose 174.9% year on year to ¥1,222 million, due to the recognition of insurance proceeds and a decrease in foreign exchange losses. Interim net profit attributable to owners of the parent rose 268.8% year on year to ¥851 million.」

    Interim revenue increased, while operating profit, ordinary profit, and interim net profit attributable to owners of the parent increased substantially, reflecting improvements in productivity, higher sales of highly profitable power equipment, insurance proceeds, and a decrease in foreign exchange losses, among other factors.
  3. FY2025Record full-year revenue, higher operating profit, and sharp increase in net profitAnnual report

    「As a result, consolidated revenue for the fiscal year was ¥26,305 million, up 0.7% year on year. Operating profit was ¥1,098 million, up 17.2%, ordinary profit was ¥1,120 million, down 8.4%, and net profit attributable to owners of the parent was ¥182 million, down 76.1%.」

    In the current fiscal year, revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all increased, compared with higher revenue, higher operating profit, and lower net profit in the previous fiscal year. Revenue reached a record high of ¥27,346 million.
  4. FY2025-H1Higher interim revenue, higher operating profit, and higher profit attributable to owners of the parentAnnual report

    「As a result, consolidated net sales for the interim consolidated accounting period were ¥12,838 million, up 0.7% from the same period of the previous year. As for earnings, operating profit was ¥562 million, up 35.6% year on year, reflecting progress in passing higher costs through to product prices and the results of initiatives to improve productivity. Ordinary profit declined 4.2% year on year to ¥444 million due to foreign exchange losses caused by the rapid appreciation of the yen, among other factors. However, interim net profit attributable to owners of the parent rose 129.9% year on year to ¥230 million, owing to a decrease in extraordinary losses recorded in the same period of the previous year.」

    Interim revenue increased, and operating profit rose. Interim net profit attributable to owners of the parent also increased 129.9% year on year. However, ordinary profit declined 4.2% due to foreign exchange losses caused by the rapid appreciation of the yen.
  5. FY2024Full-year revenue growth, operating profit increase and net profit declineAnnual report

    「As a result, consolidated revenue for the fiscal year was ¥26,305 million, up 0.7% year on year. Operating profit was ¥1,098 million, up 17.2%, ordinary profit was ¥1,120 million, down 8.4%, and net profit attributable to owners of the parent was ¥182 million, down 76.1%.」

    Full-year revenue and operating profit increased, while ordinary profit declined and net profit attributable to owners of the parent fell substantially due to the impact of advisory fees, tax expenses and other factors.
  6. FY2024-Q3Third-quarter record revenue, operating profit increase and net profit declineAnnual report

    「As a result, consolidated revenue for the nine months ended was ¥19,718 million, up 1.2% year on year and a record high for a nine-month period, following the record set in the prior year. Operating profit was ¥752 million, up 50.2% year on year, and ordinary profit was ¥724 million, up 7.1%, due to progress in passing soaring material prices through to product selling prices and other factors. However, quarterly net profit attributable to owners of the parent was ¥199 million, down 48.1%, due to advisory fees related to the review of capital policy recognized as an extraordinary loss during the first-quarter consolidated accounting period.」

    For the nine months ended, revenue increased 1.2% year on year to a record high, and operating profit and ordinary profit also increased. However, quarterly net profit attributable to owners of the parent declined 48.1% year on year due to advisory fees recognized in the first quarter.
  7. FY2024-Q2Second-quarter revenue growth, operating profit increase and net profit declineAnnual report

    「As a result, consolidated revenue for the six months ended was ¥12,746 million, up 2.3% year on year. Operating profit was ¥414 million, up 206.1% year on year, partly due to progress in passing soaring material costs through to product selling prices. Ordinary profit also increased 31.1% to ¥464 million, but quarterly net profit attributable to owners of the parent was ¥100 million, down 47.5%, due to advisory fees related to the review of capital policy recognized as an extraordinary loss during the first-quarter consolidated accounting period.」

    Revenue increased year on year, and operating profit and ordinary profit also increased, while quarterly net profit attributable to owners of the parent declined due to advisory fees recognized in the first quarter.
  8. FY2024-Q1Revenue growth, return to operating profitability and shift to a net loss attributable to owners of the parentAnnual report

    「As a result, consolidated revenue for the three months ended was ¥6,151 million, up 3.8% year on year. Amid continued increases in material prices, progress in passing these increases through to product prices resulted in operating profit of ¥52 million, compared with an operating loss of ¥103 million in the prior-year period. Ordinary profit also increased to ¥117 million, up 103.9% year on year, but the recognition of extraordinary losses resulted in a quarterly net loss attributable to owners of the parent of ¥99 million, compared with quarterly net profit attributable to owners of the parent of ¥50 million in the prior-year period.」

    Revenue increased year on year, operating profit improved from a loss of ¥103 million to profit of ¥52 million, and ordinary profit improved to ¥117 million. However, recognition of extraordinary losses resulted in a net loss attributable to owners of the parent of ¥99 million.
  9. FY2023-Q3Third-quarter revenue growth, operating profit decline and net profit declineAnnual report

    「As a result, consolidated revenue for the nine months ended was ¥19,492 million, up 12.2% year on year, a record high for a nine-month period. However, operating profit was ¥501 million, down 30.7% year on year, as material prices remained high and electricity costs also rose, while the pass-through of these increases to product prices was unavoidably delayed. Accordingly, ordinary profit was ¥675 million, down 29.8%, and quarterly net profit attributable to owners of the parent was ¥384 million, down 43.7%.」

    For the nine months ended, revenue reached a record high, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all fell below the prior-year level due to soaring material and electricity costs and delays in passing these increases through to product prices.
  10. FY2023-Q2Second-quarter revenue growth, operating profit decline and net profit declineAnnual report

    「Operating profit was ¥135 million, down 55.7% year on year, as material prices remained high and electricity costs also rose, while the pass-through of these increases to product prices was unavoidably delayed. Accordingly, ordinary profit was ¥353 million, down 4.1%, and quarterly net profit attributable to owners of the parent was ¥191 million, down 22.2%.」

    Cumulative second-quarter net sales increased, while operating income, ordinary income and net income attributable to owners of the parent all fell below the year-earlier period.
  11. FY2023-Q1First-quarter revenue growth and shift to an operating lossAnnual report

    「As a result, consolidated revenue for the three months ended was ¥5,925 million, up 10.0% year on year. Amid continued increases in material prices, the company was unable to pass these increases through to product prices quickly enough, resulting in an operating loss of ¥103 million, compared with operating profit of ¥188 million in the prior-year period.」

    Compared with revenue growth and operating profit in the prior-year period, revenue increased 10.0% in the first quarter, but the company swung to an operating loss of ¥103 million due to soaring material prices and delays in passing costs through to product prices.
  12. FY2022-Q3Continued third-quarter revenue and profit growthAnnual report

    「With respect to earnings, although the Company was affected by tight supplies of components and materials, particularly electronic components, and higher purchasing prices, steady progress in cost improvements resulted in operating profit of ¥722 million, up 108.1% year on year, ordinary profit of ¥963 million, up 53.2%, and quarterly net profit attributable to owners of the parent of ¥683 million, up 68.0%.」

    Following the six-month period, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent also exceeded the prior-year level for the nine-month period.
  13. FY2022-Q2Continued higher revenue and profit in the second quarterAnnual report

    「As a result, although sales in the power equipment systems business declined, consolidated net sales for the six months ended the second quarter increased 10.6% year on year to ¥10,927 million, driven by substantial growth in xEV capacitors in the capacitor and module business.」

    Growth in capacitors for xEVs turned the six-month period from a year-on-year revenue decline to revenue growth, with operating profit, ordinary profit and quarterly net profit attributable to owners of the parent also increasing.
  14. FY2022-Q1Higher revenue and return to profitability in the first quarterAnnual report

    「As a result, although sales in the power equipment systems business declined, consolidated net sales for the three months ended the first quarter increased 19.4% year on year to ¥5,388 million, driven by substantial growth in xEV capacitors in the capacitor and module business.」

    After revenue, operating profit and net profit declined in the prior-year period, revenue increased due to growth in capacitors for xEVs, and operating profit, ordinary profit and quarterly net profit attributable to owners of the parent returned to profitability.
  15. FY2021Full-year decline in revenue and operating profit, but higher net incomeAnnual report

    「As a result, consolidated revenue for the fiscal year was ¥21,827 million, down 7.5% year on year. Operating profit was ¥698 million, down 40.9%, ordinary profit was ¥1,109 million, down 19.1%, and net profit attributable to owners of the parent was ¥1,158 million, up 64.3%.」

    After revenue and earnings increased in the prior year, full-year revenue and operating profit declined, while net profit attributable to owners of the parent increased to ¥1,158 million.
  16. FY2021-Q3Third-quarter revenue decline and sharp operating profit declineAnnual report

    「Earnings also declined due to lower revenue. Operating profit was ¥347 million, down 53.6% year on year, ordinary profit was ¥628 million, down 30.2%, and quarterly net profit attributable to owners of the parent was ¥406 million, down 1.2%.」

    For the nine months ended, revenue fell 8.9% year on year, operating profit fell 53.6% and ordinary profit fell 30.2%. Quarterly net profit attributable to owners of the parent also declined 1.2% year on year.
  17. FY2021-Q2Lower revenue and sharp decline in profit in the second quarterAnnual report

    「Total revenue was ¥9,883 million, down 13.4% year on year. Earnings also declined due to lower revenue, with operating profit of ¥91 million, down 78.0%, ordinary profit of ¥148 million, down 71.8%, and quarterly net profit attributable to owners of the parent of ¥19 million, down 92.8%.」

    For the six months ended, revenue fell 13.4% year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent also declined substantially.
  18. FY2021-Q1First-Quarter Revenue Decline, Operating Loss and Net LossAnnual report

    「As a result, consolidated revenue for the three months ended was ¥4,514 million, down 16.6% year on year, with sales declining across both Capacitor Modules, where sales of capacitors for home appliances and automotive noise suppression declined, and Power Equipment Systems, where sales of power quality improvement equipment and power factor correction equipment declined.」

    After revenue increased and earnings declined in FY2020 Q1, FY2021 Q1 saw consolidated revenue decline 16.6% year on year due to lower sales of major products, resulting in an operating loss of ¥87 million, an ordinary loss of ¥60 million and a quarterly net loss attributable to owners of the parent of ¥169 million.
  19. FY2020Full-Year Revenue and Profit GrowthAnnual report

    「As a result, consolidated net sales for the fiscal year amounted to ¥23,597 million, up 8.4% from the previous fiscal year. In terms of earnings, operating income was ¥1,182 million, up 6.2%, ordinary income was ¥1,371 million, up 5.3%, and net income attributable to owners of the parent was ¥704 million, up 1.2%. The company therefore largely achieved its initial plan.」

    After revenue increased and operating profit declined in the prior year, FY2020 saw revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceed the prior-year levels.
  20. FY2020-Q3Third-quarter revenue growth, operating profit decline and net profit declineAnnual report

    「Sales increased in both Capacitor Modules and Power Equipment Systems, resulting in consolidated revenue of ¥17,315 million for the nine months ended, up 8.4% year on year. Operating profit was ¥748 million, down 2.2%, ordinary profit was ¥901 million, down 4.6%, and quarterly net profit attributable to owners of the parent was ¥411 million, down 17.6%, due to changes in product mix and higher costs resulting from upfront investment.」

    For the nine months ended, revenue increased, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent fell below the prior-year level due to changes in product mix and higher costs resulting from upfront investment.
  21. FY2020-Q2Second-quarter revenue growth, operating profit decline and net profit declineAnnual report

    「As a result of efforts to secure orders and sales, sales increased in both Capacitor Modules and Power Equipment Systems, and consolidated revenue for the six months ended was ¥11,410 million, up 10.5% year on year. Operating profit was ¥417 million, down 14.4%, and ordinary profit was ¥526 million, down 19.8%, partly due to the yen's appreciation. Quarterly net profit attributable to owners of the parent was ¥269 million, down 37.8%, reflecting upfront investment and deteriorating profitability for some products.」

    For the six months ended, revenue increased, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent fell below the prior-year level due to upfront investment, deteriorating profitability for some products and the yen's appreciation.
  22. FY2020-Q1First-quarter revenue growth, operating profit decline and sharp net profit declineAnnual report

    「As a result of efforts to secure orders and sales, sales increased in both Capacitor Modules and Power Equipment Systems, and consolidated revenue for the three months ended was ¥5,416 million, up 11.5% year on year. Operating profit was ¥126 million, down 38.8%, ordinary profit was ¥159 million, down 49.2%, and quarterly net profit attributable to owners of the parent was ¥4 million, down 97.9%, due to the impact of upfront investment for future growth, deteriorating profitability for some products and the yen's appreciation.」

    Revenue increased year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent declined due to upfront investment, deteriorating profitability for some products and the yen's appreciation. In particular, quarterly net profit attributable to owners of the parent fell 97.9% year on year.
  23. FY2019Full-year revenue growth, operating profit decline and net profit recoveryAnnual report

    「Consolidated revenue was ¥21,761 million, up 7.9% year on year. Operating profit was ¥1,114 million, down 8.6%, and ordinary profit was ¥1,302 million, down 13.4%, due to higher costs resulting from soaring material prices, lower prices amid intensifying market competition and other factors. Net profit attributable to owners of the parent was ¥696 million, up 699.9% year on year.」

    Compared with the prior year's sharp decline in net profit, full-year revenue increased and operating profit declined, while net profit attributable to owners of the parent recovered to ¥696 million.
  24. FY2019-Q3Third-quarter revenue growth, operating profit decline and net profit declineAnnual report

    「Sales increased in both Capacitor Modules and Power Equipment Systems, resulting in consolidated revenue of ¥15,966 million for the nine months ended, up 6.8% year on year. Operating profit was ¥765 million, down 1.4%, ordinary profit was ¥944 million, down 8.2%, and quarterly net profit attributable to owners of the parent was ¥499 million, down 56.0%, due to a higher cost ratio resulting from changes in product mix, higher material costs and other factors.」

    For the nine months ended, revenue increased, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent declined due to a higher cost ratio resulting from changes in product mix, higher material costs and other factors.
  25. FY2019-Q2Second-quarter operating profit increase and net profit declineAnnual report

    「Operating profit was ¥487 million, up 33.5% year on year, due to increased sales centered on Power Equipment Systems. Ordinary profit was ¥655 million, up 21.5%, partly reflecting higher foreign exchange gains. Meanwhile, because gains on sales of fixed assets and other items associated with the relocation of a branch had been recognized in the prior-year period, quarterly net profit attributable to owners of the parent was ¥433 million, down 48.3% year on year.」

    For the six months ended, revenue, operating profit and ordinary profit increased, while quarterly net profit attributable to owners of the parent fell 48.3% year on year due to the absence of gains on sales of fixed assets and other items recognized in the prior-year period.
  26. FY2019-Q1First-Quarter Revenue and Earnings GrowthAnnual report

    「Operating profit was ¥207 million, up 191.6% year on year, ordinary profit was ¥313 million, up 89.0%, and quarterly net profit attributable to owners of the parent was ¥200 million, up 128.1%, due to increased sales centered on Power Equipment Systems.」

    After revenue and earnings declined in FY2018 Q1, FY2019 Q1 saw revenue increase 10.3% year on year, with operating profit, ordinary profit and quarterly net profit attributable to owners of the parent also increasing.
  27. FY2018Continued deterioration in full-year resultsAnnual report

    「While gains on the transfer of the Information Equipment Systems business and gains on sales of fixed assets associated with the relocation of a branch were recognized as extraordinary gains, estimated repair costs for defects in some products delivered to a specific customer were recognized as extraordinary losses. As a result, net profit attributable to owners of the parent was ¥87 million, down 90.6% year on year.」

    Despite extraordinary gains from the transfer of a business and other sources, net profit attributable to owners of the parent fell to ¥87 million due to costs related to product defect countermeasures and other factors.
  28. FY2018-Q3RestatedAnnual report

    「Although sales of capacitors for hybrid electric vehicles (HEVs) increased, sales of capacitors for new energy applications declined, resulting in revenue of ¥14,945 million, down 0.6% year on year. Operating profit was ¥776 million, down 13.3%, and ordinary profit was ¥1,028 million, down 9.0%, due to higher selling, general and administrative expenses. While compensation costs for defects in some products delivered to a specific customer were recognized as extraordinary losses, gains on the transfer of the Information Equipment Systems business and gains on sales of fixed assets associated with the relocation of a branch were recognized as extraordinary gains. As a result, quarterly net profit attributable to owners of the parent was ¥1,135 million, up 86.9% year on year.」

    For the nine months ended, revenue, operating profit and ordinary profit fell below the prior-year level, while quarterly net profit attributable to owners of the parent increased 86.9% year on year due to gains on the transfer of the Information Equipment Systems business, gains on sales of fixed assets and other factors.
  29. FY2018-Q2RestatedAnnual report

    「The company worked to secure orders and sales and reduce costs, but consolidated revenue for the six months ended was ¥9,612 million, down 1.5% year on year, due mainly to lower sales of certain Capacitor Module products. Earnings improved from the prior-year period due to increased sales of highly profitable products in Power Equipment Systems, but operating profit was ¥364 million, down 25.5%, and ordinary profit was ¥539 million, down 6.1%, reflecting the decline in sales and other factors. Meanwhile, quarterly net profit attributable to owners of the parent was ¥838 million, up 249.3%, due to gains on the transfer of the Information Equipment Systems business and gains on sales associated with the relocation of a branch.」

    For the six months ended, revenue, operating profit and ordinary profit fell below the prior-year level, while quarterly net profit attributable to owners of the parent increased 249.3% year on year due to gains on the transfer of a business and other factors.
  30. FY2018-Q1RestatedAnnual report

    「Under these operating conditions, the company worked to secure orders and sales, but consolidated revenue for the three months ended was ¥4,402 million, down 10.2% year on year, due to lower sales in Capacitor Modules and Power Equipment Systems. Operating profit was ¥71 million, down 67.2%, ordinary profit was ¥165 million, down 33.4%, and quarterly net profit attributable to owners of the parent was ¥87 million, down 41.3%, reflecting the decline in sales and lower sales of highly profitable products in Power Equipment Systems.」

    In FY2018 Q1, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all fell below the prior-year level. Lower sales and fewer highly profitable products in Power Equipment Systems were identified as factors behind the decline in earnings.
  31. FY2017RestatedAnnual report

    「For the consolidated fiscal year, consolidated revenue was ¥20,933 million, down 3.7% year on year, due mainly to lower sales in Capacitor Modules. Operating profit was ¥1,456 million, down 31.5%, and ordinary profit was ¥1,766 million, down 21.1%, reflecting the decline in sales and lower sales of highly profitable products in Power Equipment Systems. In addition, quarterly net profit attributable to owners of the parent was ¥925 million, down 26.2%, due mainly to the recognition of estimated repair costs for defects in some electric double-layer capacitors delivered in the past.」

    The stronger yen, lower sales, fewer highly profitable products and repair costs for product defects were identified as factors behind the full-year revenue and earnings decline.
  32. FY2017-Q3RestatedAnnual report

    「Consolidated revenue was ¥15,029 million, down 6.5% year on year. Operating profit was ¥896 million, down 39.8%, and ordinary profit was ¥1,130 million, down 28.9%, reflecting the decline in revenue. In addition, quarterly net profit attributable to owners of the parent was ¥607 million, down 30.9%, due to the recognition during the second-quarter consolidated accounting period of repair costs for defects in some electric double-layer capacitors delivered in the past.」

    For the nine months ended, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all fell below the prior-year level, with lower revenue and repair costs for products delivered in the past identified as factors behind the decline in earnings.
  33. FY2017-Q2RestatedAnnual report

    「Regarding earnings, operating profit was ¥489 million, down 46.7% year on year, ordinary profit was ¥574 million, down 41.5%, and quarterly net profit attributable to owners of the parent was ¥240 million, down 49.9%. This reflected the decline in sales, foreign exchange losses caused by the yen's sharp appreciation, the recognition of provisions for product warranties from the current fiscal year, the recognition of repair costs for defects in some electric double-layer capacitors delivered in the past, and the recognition of a loss related to the planned demolition of a former factory building at a subsidiary during the year.」

    For the six months ended, revenue fell 5.6% year on year, operating profit fell 46.7%, and quarterly net profit attributable to owners of the parent fell 49.9%. The stronger yen, warranty provisions, product defect repair costs and the loss related to demolition of the former factory building were identified as factors behind the decline in earnings.
  34. FY2017-Q1First statedAnnual report

    「Regarding earnings, operating profit was ¥216 million, down 41.4% year on year, ordinary profit was ¥249 million, down 40.4%, and quarterly net profit attributable to owners of the parent was ¥149 million, down 49.5%. This reflected the decline in sales, foreign exchange losses caused by the yen's sharp appreciation, the recognition of provisions for product warranties from the current fiscal year, and the recognition of a loss related to the planned demolition of a former factory building at a subsidiary during the year.」

    Revenue was ¥4,904 million, down 3.6% year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all fell below the prior-year level due to the stronger yen, product warranty provisions and losses related to the demolition of the former factory building.
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