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Kowa (7807) · FactManufacturing and sales: higher revenue and profit; nursing care services: lower revenue and narrower loss; EC: lower revenue and higher profit

Solid overseas orders and lower sales due to inventory adjustments by domestic rental and sales operators

First written in FY2019-Q1. 6 of 21 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2027-H1.

21entries
9years
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How it moved
ProgressHeldSoftenedWorseOtherFY2021-Q2 – FY2022-Q2OtherFY2023-Q2 – FY2027-H12018: 120182019: 220192020: 320202021: 220212022: 420222023: 320232024: 420242025: 020252026: 22026
Same theme, other companies
Sales Decline Due to Inventory Adjustments by Domestic Welfare Equipment OperatorsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2027-H1Manufacturing and sales: higher revenue and profit; nursing care services: lower revenue and narrower loss; EC: lower revenue and higher profitAnnual report

    「Revenue from the nursing care products and welfare equipment manufacturing and sales business during the current interim consolidated accounting period exceeded the same period of the previous year, reaching ¥3,229 million, up 9.0% year on year. Repeat orders for the mainstay wheeled walkers remained firm, particularly among existing customers, while replacement and additional demand expanded steadily against a backdrop of stable operation of products already introduced. In addition, the adoption of new products progressed, increasing their contribution to revenue. Revenue from the nursing care services business during the current interim consolidated accounting period was ¥126 million, down 18.0% year on year. The segment loss was ¥31 million, compared with a segment loss of ¥38 million in the same period of the previous year. Revenue from the EC business during the current interim consolidated accounting period fell below the same period of the previous year, to ¥349 million, down 16.2% year on year, due to the backlash from the effects of advertising spending and sales promotion measures in the same period of the previous year, among other factors. Segment profit was ¥24 million, up 18.8% year on year.」

    The manufacturing and sales business reported higher revenue and profit, the nursing care services business reported lower revenue but a narrower loss due in part to the change in the fiscal year-end, and the EC business reported lower revenue but higher profit.
  2. FY2026Manufacturing and sales: higher revenue; nursing-care services: higher loss; e-commerce: lower revenue and profitAnnual report

    「Revenue from the care services business for the fiscal year was ¥279.018 million, up 196.3% year on year, as the company steadily expanded revenue through increased sales personnel and the rebuilding of a cross-organizational structure. In addition, Person Care Co., Ltd. was brought into the group in the previous fiscal year, strengthening the revenue base through post-integration synergies. The segment loss was ¥63.357 million, compared with a segment loss of ¥58.535 million in the previous fiscal year.」

    The care services business posted substantial revenue growth following the integration of Person Care and other measures, but its loss widened due to costs including the expansion of the sales workforce. Manufacturing and sales posted higher revenue and lower profit, while EC posted lower revenue and profit.
  3. FY2025-H1Manufacturing and sales: higher revenue; care services: lower revenue; EC: lower revenueAnnual report

    「① Manufacturing and sales of care and welfare equipment Revenue from the manufacturing and sales business for the interim consolidated accounting period was ¥2,948 million, up 2.4% year on year, as the care channel remained firm, but segment profit was ¥614 million, down 6.3% year on year, due to the weaker yen and higher logistics costs, among other factors. ② Care services business Revenue from the care services business for the interim consolidated accounting period was ¥22 million, down 73.3% year on year, due to the partial transfer in October 2023 of the rental business, primarily in the Kanto region. The segment loss was ¥18 million, compared with a segment loss of ¥5 million in the same period of the previous year. ③ EC business Revenue from the EC business for the interim consolidated accounting period was ¥398 million, down 3.8% year on year, due to factors including a review of prices and product categories, while segment profit was ¥32 million, up 54.5% year on year.」

    The manufacturing and sales business posted higher revenue but lower profit, the care services business posted a sharp revenue decline and a wider loss due to the partial transfer of the rental business, and the EC business posted lower revenue but higher profit.
  4. FY2025-Q1Manufacturing and sales: higher revenue; care services: lower revenue; EC: lower revenueAnnual report

    「① Manufacturing and sales of care and welfare equipment Revenue from the manufacturing and sales business for the cumulative first quarter was ¥1,585 million, up 1.5% year on year, reflecting firm performance through both the chain-store and care channels. Segment profit was ¥358 million, down 5.6% year on year. ② Care services business Revenue from the care services business for the cumulative first quarter was ¥12 million, down 71.5% year on year, due to the partial transfer in October 2023 of the rental business, primarily in the Kanto region. The segment loss was ¥6 million, compared with a segment loss of ¥1 million in the same period of the previous year. ③ EC business Revenue from the EC business for the cumulative first quarter was ¥179 million, down 6.5% year on year, due to factors including a review of prices and product categories. Segment profit was ¥15 million, up 102.7% year on year.」

    The manufacturing and sales business posted higher revenue but lower profit, the care services business posted a sharp revenue decline and a wider loss due to the partial transfer of the rental business, and the EC business posted lower revenue but higher profit.
  5. FY2024Manufacturing and sales and EC: higher revenue and profit; care services: lower revenue and narrower lossAnnual report

    「Revenue from the manufacturing and sales business for the fiscal year was ¥5,621.672 million, up 1.6% year on year, reflecting firm performance through both the chain-store and care channels. Segment profit was ¥1,149.211 million, up 39.1% year on year, following measures including improved operating efficiency and fixed-cost controls.」

    The manufacturing and sales and EC businesses posted higher revenue and profit, while the care services business posted lower revenue following the transfer of the rental business and narrowed its loss.
  6. FY2024-Q3Higher revenue and improved profitability across all 3 businessesAnnual report

    「Revenue from the manufacturing and sales business for the cumulative third quarter was ¥4,301 million, up 1.4% year on year, reflecting firm performance through both the chain-store and care channels, and segment profit was ¥925 million, up 44.2% year on year. … Revenue from the care services business for the cumulative third quarter was ¥124 million, up 0.8% year on year, as sales of home renovations under long-term care insurance remained firm, and the segment loss was ¥8 million, compared with a segment loss of ¥12 million in the same quarter of the previous year. … Revenue from the EC business was … ¥608 million, up 12.2% year on year, and segment profit was ¥29 million, up 52.0% year on year.」

    Revenue exceeded the same period of the previous year in all 3 businesses. The manufacturing and sales and EC businesses posted higher profit, while the care services business narrowed its loss.
  7. FY2024-Q2Higher revenue in manufacturing and sales, care services and EC; improved profitabilityAnnual report

    「Revenue from the manufacturing and sales business for the cumulative second quarter was ¥2,880 million, up 2.7% year on year, reflecting firm performance through both the chain-store and care channels, and segment profit was ¥655 million, up 75.4% year on year. … Revenue from the care services business was … ¥85 million, up 2.8% year on year, and the segment loss was ¥5 million, compared with a segment loss of ¥8 million in the same period of the previous year. … Revenue from the EC business was … ¥413 million, up 14.0% year on year, and segment profit was ¥21 million, up 20.8% year on year.」

    The manufacturing and sales business posted higher revenue and profit, the care services business posted higher revenue and a narrower loss, and the EC business posted higher revenue and profit.
  8. FY2024-Q1Manufacturing and sales: higher revenue and profit; care services: slight revenue growth and wider loss; EC: higher revenue and lower profitAnnual report

    「Revenue from the manufacturing and sales business for the cumulative first quarter was ¥1,561 million, up 3.2% year on year, reflecting firm performance through both the chain-store and care channels. Segment profit was ¥379 million, up 40.8% year on year. … Revenue from the care services business was … ¥43 million, up 0.2% year on year. The segment loss was ¥1 million, compared with a segment loss of ¥0 million in the same period of the previous year. … Revenue from the EC business was … ¥191 million, up 8.7% year on year. Segment profit was ¥7 million, down 9.7% year on year.」

    The manufacturing and sales business posted higher revenue and profit through both the chain-store and care channels. The care services business posted slight revenue growth but a wider loss, while the EC business posted higher revenue and lower profit.
  9. FY2023-Q3Manufacturing and sales: higher revenue and profit; nursing-care services: lower revenue and shift to loss; e-commerce: higher revenue and lower profitAnnual report

    「Revenue in the nursing-care services business for the first 9 months of the fiscal year was ¥123 million, compared with ¥144 million in the same quarter of the previous year. Although the acquisition of new users for welfare equipment rentals remained solid as the impact of COVID-19 subsided, revenue was affected by the average cancellation price exceeding the average acquisition cost for new users and other factors. The segment posted a loss of ¥12 million, compared with segment profit of ¥13 million in the same period of the previous year.」

    The manufacturing and sales business posted higher revenue and profit on firm sales of mobility-related products, while the care services business reported lower revenue and swung from profit to loss. The EC business posted higher revenue but lower profit.
  10. FY2023-Q2Manufacturing and sales and e-commerce: higher revenue; nursing-care services: lower revenue and a shift to lossAnnual report

    「Revenue in the manufacturing and sales business for nursing-care products and welfare equipment for the first 6 months of the fiscal year was ¥2.805 billion, compared with ¥2.528 billion in the same period of the previous year, as mobility-related products, including rollators and walkers, remained solid in both the chain-store and nursing-care channels. Segment profit was ¥373 million, down 7.5% year on year. Revenue in the nursing-care services business for the first 6 months of the fiscal year was ¥83 million, compared with ¥100 million in the same period of the previous year, and the segment posted a loss of ¥8 million, compared with segment profit of ¥10 million in the same period of the previous year.」

    The manufacturing and sales business posted higher revenue but lower profit as mobility-related products remained solid. The nursing-care services business posted lower revenue and shifted from profit in the same period of the previous year to a loss. The e-commerce business posted higher revenue and profit.
  11. FY2023-Q1AdvancedAnnual report

    「Revenue in the manufacturing and sales business for nursing-care products and welfare equipment for the first 3 months of the fiscal year was ¥1.463 billion, compared with ¥1.316 billion in the same quarter of the previous year, as walkers, the company's core products, remained solid in the nursing-care channel.」

    The manufacturing and sales business, mainly through the nursing-care channel, posted higher revenue, and the e-commerce business also posted higher revenue against a backdrop of increased online demand. The nursing-care services business, however, posted lower revenue.
  12. FY2022AdvancedAnnual report

    「Revenue in the manufacturing and sales business for nursing-care products and welfare equipment for the fiscal year was ¥5,000.026 million, up 18.2% year on year, as demand through the chain-store channel recovered and sales of walkers, particularly the “Sitrea” brand, performed well despite some impact from requests to refrain from going out and restrictions on sales activities due to the spread of COVID-19, and」

    Sales shifted from weakness in the chain-store and nursing-care channels due to the previous fiscal year's infection-related effects to recovering demand through the chain-store channel and strong sales of walkers, mainly Sitrea.
  13. FY2022-Q3AdvancedAnnual report

    「Revenue in the manufacturing and sales business for nursing-care products and welfare equipment for the first 9 months of the fiscal year was ¥3.858 billion, up 17.5% year on year, as sales through the nursing-care channel, including walkers, performed well despite some impact from the state of emergency. Segment profit was ¥611 million, up 33.2%, following efforts to improve operating efficiency and control fixed costs.」

    The manufacturing and sales business posted higher revenue and profit, mainly through the nursing-care channel. Revenue in the nursing-care services business declined 68.2% year on year, while it returned to profitability. Revenue and profit also increased in the e-commerce business.
  14. FY2022-Q2Updated figures: manufacturing and sales and e-commerce higher revenue; nursing-care services contractionAnnual report

    「Revenue in the manufacturing and sales business for nursing-care products and welfare equipment for the first 6 months of the fiscal year was ¥2.528 billion, up 19.9% year on year, as sales through the nursing-care channel, particularly of walkers, remained solid despite the impact of the state of emergency in part of the chain-store channel. Segment profit was ¥404 million, up 66.1%.」

    The manufacturing and sales business posted higher revenue and profit, mainly through the nursing-care channel. The nursing-care services business generated revenue of ¥100 million, down 69.9% year on year, while the e-commerce business generated revenue of ¥335 million, up 33.3%.
  15. FY2022-Q1Manufacturing and sales and e-commerce: higher revenue; nursing-care services: contractionAnnual report

    「Revenue in the manufacturing and sales business for nursing-care products and welfare equipment for the first 3 months of the fiscal year was ¥1.316 billion, up 38.9% year on year, as the nursing-care channel remained solid despite some impact from requests to refrain from going out due to the resurgence of COVID-19 in part of the chain-store channel. … Revenue in the nursing-care services business for the first 3 months of the fiscal year was ¥55 million, down 70.2% year on year, due in part to the sale and transfer of the day-service business effective 1 January 2021, as well as the partial impact of COVID-19. … ③ E-commerce business … ¥146 million, up 19.2% year on year」

    The manufacturing and sales business and the e-commerce business posted higher revenue, while the nursing-care services business saw a substantial decline in revenue following the sale and transfer of the day-service business, changing the business mix.
  16. FY2021-Q2Manufacturing and sales: lower revenue; nursing-care services: lower revenue; e-commerce: higher revenueAnnual report

    「Revenue in the manufacturing and sales business for nursing-care products and welfare equipment for the first 6 months of the fiscal year was ¥2.108 billion, down 25.6% year on year, due to requests to refrain from going out amid the spread of COVID-19 and shortened business hours at mass retailers and other major customers. Segment profit was ¥243 million, down 12.2%.」

    The manufacturing and sales business posted lower revenue and profit due to requests to refrain from going out and shortened business hours at mass retailers and other stores. Revenue in the nursing-care services business declined 15.0% year on year, while revenue in other businesses, including e-commerce, increased 6.1%.
  17. FY2021-Q1WorsenedAnnual report

    「Revenue in the manufacturing and sales business for nursing-care products and welfare equipment for the first 3 months of the fiscal year was ¥947 million, down 36.9% year on year, as both the chain-store and nursing-care channels struggled amid requests to refrain from going out and other measures related to COVID-19.」

    Sales trends shifted from the recovery in nursing-care channel orders in the previous fiscal year to sluggish sales in both the chain-store and nursing-care channels this quarter due to requests to refrain from going out and other measures related to COVID-19.
  18. FY2020AdvancedAnnual report

    「Revenue was ¥5,992.157 million, up 32.4% from the previous fiscal year, due to the recovery in nursing-care channel orders following the end of the impact of the voluntary product recall in the previous fiscal year, the fulfillment of a large order for rollators from South Korea, and the addition of sales from a newly consolidated subsidiary, among other factors.」

    Sales shifted from the previous fiscal year's voluntary product recall and weak domestic orders to full-year revenue growth driven by recovery in nursing-care channels, large shipments to South Korea and subsidiary sales.
  19. FY2020-Q2AdvancedAnnual report

    「Revenue was ¥3.429 billion, up 43.6% year on year, due to the end of the impact of the voluntary product recall that occurred in the previous fiscal year and the recovery in nursing-care channel orders, the fulfillment of a large order for rollators from South Korea, and the addition of sales from a newly consolidated subsidiary, among other factors, and」

    Sales trends improved from the previous fiscal year's voluntary product recall and weak domestic orders to a recovery in nursing-care channel orders and the fulfillment of a large order for South Korea.
  20. FY2020-Q1AdvancedAnnual report

    「Revenue was ¥1.802 billion, up 42.3% year on year, due in part to the resolution of the impact of the voluntary recall conducted in the previous consolidated fiscal year, the recovery of orders through nursing-care channels, and the addition of sales from newly consolidated subsidiaries,」

    Sales trends shifted from lower sales due to inventory adjustments by domestic welfare equipment rental and sales operators in the previous fiscal year to a recovery in orders through nursing-care channels.
  21. FY2019-Q1First statedAnnual report

    「Despite solid overseas orders, revenue was ¥1.266 billion, affected by lower sales due to inventory adjustments by welfare equipment rental and sales operators, among other factors, and」

    For the first time, the company separately described solid overseas orders and lower sales due to inventory adjustments by domestic welfare equipment rental and sales operators as sales trends for the quarter.
Moved together

"Increased Financing Through Long-Term Borrowings" moved the same way as this thread, in the same document, in 6 of its 21 moves.

655543★123456
  1. ★This thread
  2. 1Increased Financing Through Long-Term Borrowings6×
  3. 2Sales growth led by walking aids, while OEM sales remained sluggish5×
  4. 3Revenue and Profit Performance5×
  5. 4Research and Development Expenditure5×
  6. 5Strengthening the Integration of Organisational Functions and Securing and Developing Human Resources4×
  7. 6Brand Strategy and Development of a New Product Series3×

★ 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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Solid overseas orders and lower sales due to inventory adjustments by domestic rental and sales operators | KOWA CO.,LTD. (7807) | Komori