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Kanaden (8081) · FactHigher revenue and lower earnings

Improved profit margins in the building facilities business driven by orders for high-margin projects

First written in FY2018-Q1. 11 of 22 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2026.

22entries
10years
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2019-Q1 – FY2020-Q3WorsenedFY2022-Q3 – FY2023-Q2MitigatedFY2024-Q1 – FY2024-Q2WorsenedFY2025-H1 – 2026-05-132017: 220172018: 320182019: 120192020: 420202021: 220212022: 320222023: 320232024: 120242025: 120252026: 22026
Same theme, other companies
Margin improvement from high-margin projects in the building facilities businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026Higher revenue and lower earningsAnnual report

    「As a result, the business achieved an increase in revenue of ¥811 million, but ordinary profit declined by ¥10 million.」

    Revenue from the building facilities business increased, while ordinary profit declined by ¥10 million for the full year.
  2. 2026-05-13WorsenedRevision of earnings forecasts

    「As a result, the business achieved an increase in revenue of ¥811 million, but ordinary profit declined by ¥10 million.」

    The building equipment business recorded higher revenue, while ordinary profit declined.
  3. FY2026-H1WorsenedAnnual report

    「As a result, the business posted a ¥679 million increase in revenue, but profit margins declined due to the impact of a large project in the equipment and machinery field, and ordinary profit fell by ¥73 million.」

    Revenue from the building facilities business increased, but profit margins declined due to the impact of a large project in the equipment and machinery field, resulting in a ¥73 million decline in ordinary profit.
  4. FY2025-H1WorsenedAnnual report

    「As a result, the business posted a ¥648 million decline in revenue, while ordinary profit declined by ¥23 million.」

    The building facilities business shifted from higher revenue and profit in the previous period to a ¥648 million decline in revenue and a ¥23 million decline in profit.
  5. FY2024-Q2AdvancedAnnual report

    「As a result, the business posted a ¥1,186 million increase in revenue, while ordinary profit increased by ¥142 million.」

    Revenue from the building facilities business increased by ¥1,186 million and ordinary profit by ¥142 million, improving profitability from the previous quarter's higher revenue and slight increase in profit.
  6. FY2024-Q1MitigatedAnnual report

    「As a result, the business posted a ¥878 million increase in revenue, while ordinary profit increased by ¥7 million.」

    The building facilities business shifted from higher revenue and a slight decline in profit for the previous full year to increases in both revenue and profit in the first quarter.
  7. FY2023Higher revenue, slight decline in profitAnnual report

    「As a result, the business posted a ¥1,566 million increase in revenue, while ordinary profit declined by ¥6 million.」

    Revenue from the building facilities business increased for the full year, while ordinary profit declined by ¥6 million.
  8. FY2023-Q2WorsenedAnnual report

    「As a result, revenue in the business declined by ¥789 million, and ordinary profit decreased by ¥110 million.」

    Revenue from the building facilities business fell by ¥789 million, while ordinary profit declined by ¥110 million, marking a deterioration in performance for the second consecutive quarter.
  9. FY2023-Q1WorsenedAnnual report

    「As a result, revenue in the business declined by ¥717 million, and ordinary profit decreased by ¥56 million.」

    The building equipment business recorded a ¥717 million decline in revenue and a ¥56 million decrease in ordinary profit, indicating deterioration in business performance.
  10. FY2022-Q3WorsenedAnnual report

    「In the equipment business, switchgear and substation equipment for information and communications operators performed sluggishly due to fewer projects and extended construction periods. The air-conditioning and refrigeration equipment business struggled because semiconductor shortages halted product supplies. In particular, demand for air-conditioning equipment from offices, the food-service industry and medical facilities remained challenging and sluggish.」

    The building equipment business deteriorated from previously higher revenue and lower profit to lower revenue and lower profit as fewer switchgear and substation equipment projects and extended construction periods coincided with halted supplies of air-conditioning products due to the semiconductor shortage.
  11. FY2022-Q2Higher revenue and lower earningsAnnual report

    「As a result, revenue in the business increased by ¥142 million, but ordinary profit decreased by ¥22 million because the business could not offset the low margins on switchgear and substation equipment for information and communications operators, which had performed steadily, and lower revenue from store lighting design and construction for department stores and air-conditioning equipment.」

    The building equipment business recorded higher revenue, but could not offset the low margins on switchgear and substation equipment for information and communications operators and lower revenue from store lighting and air-conditioning equipment, resulting in a ¥22 million decrease in ordinary profit.
  12. FY2022-Q1Smaller decline in revenue, larger decrease in profitAnnual report

    「As a result, revenue in the business declined by ¥6 million, and ordinary profit decreased by ¥69 million because the margins on switchgear and substation equipment for information and communications operators, which had performed steadily, were low, and the business could not offset the profit decline from lower revenue in elevators and air-conditioning equipment.」

    The building equipment business had only a small decline in revenue, but ordinary profit decreased by ¥69 million due to low margins on switchgear and substation equipment and lower revenue from elevators and air-conditioning equipment.
  13. FY2021-Q2WorsenedAnnual report

    「As a result, revenue in the business declined 14.7%, and ordinary profit decreased by ¥57 million.」

    The building equipment business changed from higher revenue and profit in the previous full year to a 14.7% decline in revenue and a ¥57 million decrease in ordinary profit in the cumulative second quarter.
  14. FY2021-Q1MitigatedAnnual report

    「As a result, revenue in the business declined 25.8%, but ordinary profit increased by ¥65 million. The large switchgear and substation equipment and escalator projects from the previous period that had ended were low-margin, while the accumulation of small, high-margin projects contributed to the increase.」

    The building equipment business recorded a substantial decline in revenue, but ordinary profit increased by ¥65 million due to the accumulation of small, high-margin projects.
  15. FY2020MitigatedAnnual report

    「As a result, revenue in the business increased 21.4%, and ordinary profit increased by ¥107 million.」

    The building equipment business, which had continued to report lower revenue and profit, recorded a 21.4% increase in revenue and a ¥107 million increase in ordinary profit for the full year.
  16. FY2020-Q3WorsenedAnnual report

    「As a result, revenue in the business declined 20.0%, and ordinary profit decreased by ¥19 million.」

    The building equipment business deteriorated from a 13.8% decline in revenue and a ¥15 million decrease in ordinary profit in the cumulative second quarter to a 20.0% decline in revenue and a ¥19 million decrease in ordinary profit.
  17. FY2020-Q2WorsenedAnnual report

    「As a result, revenue in the business declined 13.8%, and ordinary profit decreased by ¥15 million.」

    The building equipment business deteriorated from higher revenue and profit in the previous quarter to a 13.8% decline in revenue and a ¥15 million decrease in ordinary profit.
  18. FY2019-Q1WorsenedAnnual report

    「As a result, revenue in the business declined 37.9%, and ordinary profit decreased by ¥163 million.」

    The building equipment business saw a larger decline in revenue, while ordinary profit also decreased by ¥163 million.
  19. FY2018ReframedAnnual report

    「Revenue in the business declined 11.8%, but ordinary profit increased by ¥44 million due to growth in air-conditioning equipment.」

    The driver of profit improvement shifted from high-margin projects to growth in air-conditioning equipment, and the building equipment business reported higher profit despite lower revenue.
  20. FY2018-Q3ReframedAnnual report

    「As a result, revenue in the business declined 11.2%, but ordinary profit increased by ¥1 million due to growth in air-conditioning equipment.」

    The driver of profit improvement changed from orders for high-margin projects in the previous quarter to growth in air-conditioning equipment. Revenue declined, but ordinary profit increased by ¥1 million.
  21. FY2018-Q2WorsenedAnnual report

    「As a result, revenue in the business declined 7.2%. Ordinary profit declined, partly due to a decrease in lighting equipment projects.」

    The building equipment business changed from the margin improvement from high-margin projects described in the previous quarter to a 7.2% decline in revenue and lower profit, also due to a decrease in lighting equipment projects.
  22. FY2018-Q1First statedAnnual report

    「As a result, revenue in the business declined 14.8%, but total margins improved due to orders for high-margin projects, resulting in higher ordinary profit.」

    The building equipment business was described as having lower revenue, while margins and ordinary profit improved due to orders for high-margin projects.
Moved together

"11.2% decline in revenue from the building facilities business" moved the same way as this thread, in the same document, in 10 of its 22 moves.

1088776★123456
  1. ★This thread
  2. 111.2% decline in revenue from the building facilities business10×
  3. 2Decline in Cash and Cash Equivalents8×
  4. 3Decrease in Total Assets8×
  5. 412.3% revenue decline in infrastructure business7×
  6. 5Expansion of Cash Outflows from Operating Activities7×
  7. 6Sharp Decline in Notes and Accounts Payable6×

★ 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.

When this could move next
Kanaden's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Revision of earnings forecasts of 2026-05-13: "Worsened".
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Improved profit margins in the building facilities business driven by orders for high-margin projects | KANADEN CORPORATION (8081) | Komori