Rising Labor Costs Weigh on Wiring Equipment Business Profit
First written in FY2024-Q1. 8 of 10 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Operating profit from wiring devices was ¥872 million, up ¥174 million, or 25.0%, from the previous consolidated fiscal year, due to the positive effects of higher revenue, despite higher raw-material unit prices and increased personnel expenses, among other factors.」
Although raw-material unit prices and personnel expenses continued to increase, operating profit in the wiring-device business rose due to the positive effects of higher revenue. - 2026-04-23RestatedEarnings
「Despite higher raw-material unit prices, increased personnel expenses and other factors, operating profit increased by ¥174 million, or 25.0%, year on year to ¥872 million, owing to the effect of higher sales.」
Raw-material unit prices and personnel expenses continued to rise, but the wiring-device business recorded higher profit because of the effect of higher sales. - FY2026-H1RestatedAnnual report
「Operating profit from wiring devices was ¥399 million, up ¥132 million, or 49.5%, from the same period of the previous year, due to the effects of price revisions and other factors, despite higher depreciation and personnel expenses, among other factors.」
Although depreciation and personnel expenses increased, operating profit in the wiring-device business rose 49.5% year on year due to the effects of price revisions and other factors. - FY2025RestatedAnnual report
「Operating profit from wiring devices was ¥698 million, up ¥225 million, or 47.6%, from the previous consolidated fiscal year, reflecting the positive effects of higher revenue and an increased sales mix of high-value-added products, despite higher raw-material unit prices and personnel expenses.」
Although raw-material unit prices and personnel expenses continued to increase, the wiring-device business posted higher operating profit due to the positive effects of higher revenue and an increased sales mix of high-value-added products. - FY2025-H1RestatedAnnual report
「Operating profit from wiring devices was ¥267 million, up ¥173 million, or 184.0%, from the same period of the previous year, due to the effects of price revisions and other factors, despite higher raw-material unit prices and increased personnel expenses, among other factors.」
Although personnel expenses continued to increase, operating profit in the wiring-device business rose 184.0% year on year due to the effects of price revisions and other factors. - FY2025-Q1MitigatedAnnual report
「Operating profit from wiring devices was ¥114 million, up ¥84 million, or 290.0%, from the same quarter of the previous year, due to the effects of price revisions and other factors, despite higher raw-material unit prices and increased personnel expenses.」
Although personnel expenses continued to increase, operating profit in the wiring-device business rose 290.0% year on year due to the effects of price revisions and other factors. - FY2024RestatedAnnual report
「Operating profit from wiring devices was ¥473 million, up ¥44 million, or 10.3%, from the previous consolidated fiscal year. This reflected the positive effects of higher revenue and an increased sales mix of high-value-added products, despite higher raw-material unit prices and personnel expenses.」
Although personnel expenses continued to increase, operating profit in the wiring-device business rose on the increased sales mix of high-value-added products and the positive effects of higher revenue. - FY2024-Q3RestatedAnnual report
「Operating profit from wiring devices was ¥327 million, down ¥24 million, or 6.9%, from the same quarter of the previous year, despite the positive effects of higher revenue and an increased sales mix of high-value-added products, due to higher raw-material unit prices and increased personnel expenses, among other factors.」
In the wiring-device business, the increased sales mix of high-value-added products and higher revenue had a positive effect, while higher raw-material unit prices and personnel expenses, among other factors, continued to weigh on operating profit. - FY2024-Q2RestatedAnnual report
「Operating profit from wiring devices was ¥94 million, down ¥92 million, or 49.7%, from the same quarter of the previous year, despite the positive effects of higher revenue and an increased sales mix of high-value-added products, due to higher raw-material unit prices and increased personnel expenses, among other factors.」
In the wiring-device business, the increased sales mix of high-value-added products and higher revenue had a positive effect, while higher raw-material unit prices and personnel expenses, among other factors, continued to weigh on operating profit. - FY2024-Q1First statedAnnual report
「Operating profit from wiring devices was ¥29 million, down ¥82 million, or 73.8%, from the same quarter of the previous year, despite the positive effects of higher revenue and an increased sales mix of high-value-added products, due to higher raw-material unit prices and increased personnel expenses, among other factors.」
The Company disclosed for the first time that increased personnel expenses, together with higher raw-material unit prices and other factors, reduced operating profit in the wiring-device business to ¥29 million, down 73.8% year on year.