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Musashi (7521) · InitiativeAdvanced

Sales of election equipment and systems for House of Councillors elections

First written in FY2017-Q1. 20 of 39 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-10-27.

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ProgressHeldSoftenedWorseAdvancedFY2025-H1 – FY20262016: 220162017: 420172018: 420182019: 320192020: 420202021: 420212022: 420222023: 320232024: 320242025: 220252026: 62026
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Sales of voting equipment and systems for electionsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. 2026-10-27Advanceds.kabutan.jp

    「一方、利益面につきましては、選挙システムの標準化対応が前倒しで計上されたことに加え、政策保有株式の売却益を計上したことにより、前回予想を上回る見込みとなったため、業績予想を修正いたします。」

    選挙システムの標準化対応による収益計上が前倒しで実現し、上期利益予想を押し上げた。
  2. FY2026AdvancedAnnual report

    「In addition to the Tokyo Metropolitan Assembly and House of Councillors elections, a House of Representatives election was held in February. Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines were strong, while sales of election voting and vote-counting management systems and support services also grew, resulting in a significant increase over the previous year's level.」

    In addition to sales for the Tokyo Metropolitan Assembly and House of Councillors elections, sales for the House of Representatives election in February provided an additional boost. Equipment, systems and support services all grew, significantly exceeding the previous year's level.
  3. FY2026-H1AdvancedAnnual report

    「Sales of election equipment such as ballot paper issuing machines and ballot paper reading and sorting machines grew for the Tokyo Metropolitan Assembly and House of Councillors elections. Sales of election voting and vote-counting management systems and support services also remained solid.」

    Sales of equipment for the Tokyo Metropolitan Assembly and House of Councillors elections grew, while sales of election voting and vote-counting management systems and support services remained solid.
  4. FY2025AdvancedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines were strong for the House of Representatives election and local elections nationwide. Sales of election voting and vote-counting management systems and support services also grew, resulting in a significant increase over the previous year's level.」

    In addition to equipment for the House of Representatives election and local elections nationwide, sales of election voting and vote-counting management systems and support services grew, significantly exceeding the previous year's level.
  5. FY2025-H1AdvancedAnnual report

    「Sales of election equipment and election voting and vote-counting management systems for the Tokyo gubernatorial election remained steady. In addition, as the possibility of the House of Representatives being dissolved increased, sales of some election equipment, mainly ballot paper, received an additional boost.」

    The statement notes sales of equipment and systems for the Tokyo gubernatorial election, as well as an additional boost to sales of some election equipment, mainly ballot paper, against the backdrop of the possibility of the House of Representatives being dissolved.
  6. FY2024SoftenedAnnual report

    「Sales of election equipment such as ballot paper reading and sorting machines and election voting and vote-counting management systems remained generally steady for the unified local elections. However, they fell below the previous year's level, which reflected the results of the House of Councillors election held in the previous fiscal year.」

    Equipment and system sales for the unified local elections were generally steady, but fell below the previous year's level due to a decline following the previous year's special demand from the House of Councillors election.
  7. FY2024-Q3SoftenedAnnual report

    「Sales of equipment such as ballot paper issuing machines, ballot paper reading and sorting machines and vote counters, as well as election operations management systems, remained generally steady for local elections nationwide.」

    Sales of equipment and election operations management systems for local elections nationwide have continued, but the wording has been softened from the previous descriptions of "steady" and "growing" to "generally steady."
  8. FY2024-Q2AdvancedAnnual report

    「Sales of equipment such as ballot paper issuing machines, ballot paper reading and sorting machines and vote counters remained steady for the unified local elections. Sales of systems and support services also grew.」

    In addition to steady equipment sales for the unified local elections, growth in system sales and support services was confirmed.
  9. FY2024-Q1AdvancedAnnual report

    「Sales of equipment such as ballot paper issuing machines and vote counters, as well as voting and vote-counting systems, remained strong for the unified local elections held in April.」

    The statement provides specific results showing strong sales of equipment and voting and vote-counting systems for the unified local elections held in April.
  10. FY2023-Q3RestatedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines were strong for the House of Councillors election and local elections nationwide. Sales of election voting and vote-counting management systems also remained steady.」

    Strong equipment sales for the House of Councillors election and local elections nationwide, as well as steady sales of election voting and vote-counting management systems, have continued.
  11. FY2023-Q2ReframedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines were strong for the House of Councillors election and local elections nationwide. Sales of election voting and vote-counting management systems also remained steady.」

    The description changed this quarter from the previous quarter's delivery delays caused by the semiconductor shortage and slight decline in equipment sales to strong sales of election equipment and steady performance in election voting and vote-counting management systems.
  12. FY2023-Q1ReframedAnnual report

    「Sales of election voting and vote-counting management systems remained steady for the House of Councillors election and local elections nationwide. However, sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines declined slightly due to delivery delays and other issues resulting from the semiconductor shortage.」

    While election voting and vote-counting management systems performed steadily, sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines declined slightly due to delivery delays and other issues caused by the semiconductor shortage, indicating mixed conditions within the election business.
  13. FY2022AdvancedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines were strong for the House of Representatives election and local elections nationwide. Sales of election voting and vote-counting management systems also grew, resulting in a significant increase over the previous year's level.」

    Growth in sales of equipment and election voting and vote-counting management systems for the House of Representatives election and local elections nationwide was confirmed for the full year, with segment sales up 107.5% year on year.
  14. FY2022-Q3RestatedAnnual report

    「Sales of election equipment such as ballot paper issuing machines and ballot paper reading and sorting machines grew significantly for the House of Representatives election. Sales of election voting and vote-counting management systems also remained steady.」

    The statement notes significant growth in sales of election equipment for the House of Representatives election and steady sales of election voting and vote-counting management systems.
  15. FY2022-Q2AdvancedAnnual report

    「Sales of election equipment and election voting and vote-counting management systems grew significantly for local elections, including the Tokyo Metropolitan Assembly election, and the House of Representatives election.」

    Sales of election equipment and election voting and vote-counting management systems grew significantly for local elections, including the Tokyo Metropolitan Assembly election, and the House of Representatives election.
  16. FY2022-Q1RestatedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines remained steady for local elections nationwide, including the Tokyo Metropolitan Assembly election. Sales of election voting and vote-counting management systems also grew.」

    Steady equipment sales for local elections nationwide and continued growth in sales of election voting and vote-counting management systems.
  17. FY2021SoftenedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines remained steady for local elections nationwide. However, due to the significant impact of reduced demand following the previous year's House of Councillors and unified local elections, election systems equipment overall fell below the previous year's level.」

    Equipment sales for local elections were steady, but election systems equipment overall fell below the previous year's level due to a decline following the previous year's demand for major elections.
  18. FY2021-Q3RestatedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines remained steady for local elections nationwide. Sales of election voting and vote-counting management systems were also generally steady.」

    It is continuously stated that, in addition to equipment sales for local elections nationwide, sales of election voting and vote-counting management systems were also generally steady.
  19. FY2021-Q2RestatedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines, as well as election voting and vote-counting management systems, remained steady for local elections nationwide, including the Tokyo gubernatorial election.」

    It is continuously stated that sales of ballot paper issuing machines, ballot paper reading and sorting machines, and election voting and vote-counting management systems were steady for local elections nationwide, including the Tokyo gubernatorial election.
  20. FY2021-Q1RestatedAnnual report

    「Sales of equipment such as ballot paper issuing machines and ballot paper reading and sorting machines remained steady for local elections nationwide, including the Tokyo gubernatorial election.」

    Steady sales of equipment for local elections nationwide, including the Tokyo gubernatorial election, have continued.
  21. FY2020AdvancedAnnual report

    「Sales of equipment including the new ballot paper issuing machine, ballot paper reading and sorting machines and vote counters were strong for major elections such as the House of Councillors and unified local elections, as well as local elections nationwide. Sales of election voting and vote-counting management systems also grew, resulting in a significant year-on-year increase.」

    Sales of equipment, including new products, and election voting and vote-counting management systems grew for the House of Councillors, unified local and other local elections, significantly exceeding the previous year's level.
  22. FY2020-Q3RestatedAnnual report

    「Sales of equipment including the new ballot paper issuing machine, ballot paper reading and sorting machines and vote counters were strong for the unified local elections in April, the House of Councillors election in July and local elections nationwide. Sales of election voting and vote-counting management systems also grew.」

    Strong equipment sales for the unified local, House of Councillors and other local elections, as well as continued growth in sales of election voting and vote-counting management systems.
  23. FY2020-Q2AdvancedAnnual report

    「Sales of equipment including the new ballot paper issuing machine, ballot paper reading and sorting machines and vote counters were strong for the unified local elections in April and the House of Councillors election in July. Sales of election voting and vote-counting management systems also grew, driven by system modification projects associated with the change of era name.」

    The statement notes strong sales of equipment for the unified local and House of Councillors elections, the impact of the new ballot paper issuing machine, and growth in system modification projects associated with the change of era name.
  24. FY2020-Q1AdvancedAnnual report

    「Sales of core equipment such as ballot paper reading and sorting machines and vote counters, as well as election voting and vote-counting management systems, were steady for the unified local elections in April and the House of Councillors election in July. Overall performance was strong, also helped by the launch of a new ballot paper issuing machine.」

    Sales for the unified local and House of Councillors elections were steady, and the launch of a new ballot paper issuing machine also had an impact, resulting in strong overall performance in election systems equipment.
  25. FY2019-Q3RestatedAnnual report

    「Sales of equipment such as ballot paper issuing machines and vote counters, as well as election voting and vote-counting management systems, remained strong for local elections nationwide and the unified local elections held in April.」

    It is stated that sales of equipment and election voting and vote-counting management systems were strong for local elections nationwide and the unified local elections in April.
  26. FY2019-Q2RestatedAnnual report

    「Sales of equipment such as ballot paper issuing machines and vote counters, as well as election voting and vote-counting management systems, remained strong for local elections nationwide.」

    Strong sales of equipment and election voting and vote-counting management systems for local elections nationwide have continued.
  27. FY2019-Q1RestatedAnnual report

    「Sales of equipment such as ballot paper reading and sorting machines and ballot paper issuing machines, as well as election voting and vote-counting management systems, remained strong for local elections nationwide.」

    Strong sales of equipment and election voting and vote-counting management systems for local elections nationwide have continued.
  28. FY2018AdvancedAnnual report

    「In the first half, sales of equipment and voting and vote-counting systems for local elections, including the Tokyo Metropolitan Assembly election, were steady. In the second half, the House of Representatives election led to strong sales of equipment such as ballot paper reading and sorting machines, vote counters and ballot paper issuing machines. As a result, business sales significantly exceeded the previous year's level and reached a record high. Accordingly, sales were ¥7,046 million, up 13.4% year on year, and operating profit was ¥1,110 million, up 18.8%.」

    Strong sales of equipment and systems for local and House of Representatives elections drove business sales to a record high, with sales and operating profit also exceeding the previous year.
  29. FY2018-Q3RestatedAnnual report

    「In addition to steady sales of equipment and voting and vote-counting systems for local elections, including the Tokyo Metropolitan Assembly election, sales of equipment for the House of Representatives election remained strong following the election held in October last year.」

    The statement notes steady sales for the Tokyo Metropolitan Assembly and other local elections, as well as strong sales of equipment for the House of Representatives election held in October last year.
  30. FY2018-Q2AdvancedAnnual report

    「Sales of equipment and voting and vote-counting systems for local elections, including the Tokyo Metropolitan Assembly election in July, were strong. Following the dissolution of the House of Representatives in September, sales of equipment for that election, mainly ballot paper, provided an additional boost and increased significantly.」

    In addition to strong sales for the Tokyo Metropolitan Assembly and other local elections, sales of equipment for the House of Representatives election following the House's dissolution in September provided an additional boost, resulting in significant growth in election systems equipment.
  31. FY2018-Q1AdvancedAnnual report

    「Sales of equipment such as ballot paper issuing machines and vote counters, as well as voting and vote-counting systems, remained strong for local elections, including the Tokyo Metropolitan Assembly election held in July.」

    It is stated that sales of ballot paper issuing machines, vote counters and voting and vote-counting systems were strong for local elections, including the Tokyo Metropolitan Assembly election.
  32. FY2017AdvancedAnnual report

    「Sales of equipment, including ballot-paper readers and sorters and ballot issuing machines, as well as business management software and other products for the House of Councillors election, the Tokyo gubernatorial election and other local elections, remained strong and substantially exceeded the previous year's results. As a result, revenue was ¥6,215 million, up 20.9% year on year, and operating income was ¥934 million, up 84.2% year on year.」

    Sales of multiple election equipment and election operations management software products were strong, resulting in segment sales up 20.9% year on year and operating profit up 84.2%.
  33. FY2017-Q3RestatedAnnual report

    「Sales of equipment, including ballot-paper readers and sorters and ballot issuing machines, as well as various systems for the House of Councillors election, the Tokyo gubernatorial election and other local elections, remained steady.」

    The description that sales of equipment and systems for the House of Councillors election, the Tokyo gubernatorial election and other local elections were steady has continued.
  34. FY2017-Q2AdvancedAnnual report

    「Sales of equipment, including ballot-paper readers and sorters and ballot issuing machines, as well as various systems for the House of Councillors election, remained steady, and grew substantially because sales of equipment for the unexpectedly held Tokyo gubernatorial election were added.」

    In addition to sales for the House of Councillors election, sales of equipment for the Tokyo gubernatorial election were added, leading to substantial growth in election systems equipment.
  35. FY2017-Q1First statedAnnual report

    「Sales of equipment, including ballot-paper readers and sorters and ballot issuing machines, as well as various systems for the House of Councillors election held in July, remained steady.」

    Equipment including ballot-paper readers and sorters and ballot issuing machines, as well as various systems, is being sold for the House of Councillors election in July.
Moved together

"Loss recorded in the General Financial and Election Systems Equipment segment" moved the same way as this thread, in the same document, in 16 of its 39 moves.

1614101097★123456
  1. ★This thread
  2. 1Loss recorded in the General Financial and Election Systems Equipment segment16×
  3. 2Dividends on Common Shares14×
  4. 3Maintaining a High Equity Ratio10×
  5. 4Increase in Cash Flow from Operating Activities and Cash Balance10×
  6. 5Year-on-year increases in revenue and profit9×
  7. 6Expansion of Sales of Electronic and Nondestructive Inspection Equipment7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Musashi's next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the Revision to earnings forecast of 2026-10-27: "Advanced".