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Kanaden (8081) · FactRestated

Decline in Train Radio and Power Receiving and Substation Equipment Projects

First written in FY2017-Q3. 6 of 20 entries say "Restated". Latest entry: FY2026.

20entries
10years
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ProgressHeldSoftenedWorseOtherFY2020-Q1 – FY2021-Q3OtherFY2023-Q2 – FY20262017: 320172018: 420182019: 220192020: 220202021: 120212022: 220222023: 320232024: 120242025: 120252026: 12026
Same theme, other companies
Declining revenue and orders due to weaker demand in the electrical equipment sales businessA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

Kanaden moved to the "Worse" side of this theme in 2017.

0 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「In the transportation segment, railway operators' capital investment was on a recovery trend, and wireless communications equipment and rolling-stock equipment performed strongly.」

    For transportation-related products that had previously been sluggish, wireless communications equipment and rolling-stock equipment performed well against a backdrop of recovering capital investment, a trend reaffirmed for the full year.
  2. FY2026-H1Recovery and strong performance in transportation productsAnnual report

    「In the transportation segment, railway operators' capital investment was on a recovery trend, and wireless communications equipment and rolling-stock equipment performed strongly.」

    Against a backdrop of recovering railway capital investment, wireless communications equipment and rolling-stock equipment, including the previously sluggish rolling-stock equipment, performed well.
  3. FY2025-H1Differing trends by transportation productAnnual report

    「In the transportation segment, rolling-stock equipment declined as demand for replacements was between cycles, but wireless communications equipment and power receiving and substation equipment performed well as railway operators' capital investment moved toward recovery.」

    While rolling-stock equipment declined, wireless communications equipment and power receiving and substation equipment performed well against a backdrop of recovering capital investment by railway operators.
  4. FY2024-Q2Different performance by productAnnual report

    「In the transportation segment, wireless communications equipment declined, but rolling-stock equipment increased on rolling-stock modification projects.」

    While wireless communications equipment declined, rolling-stock equipment increased on rolling-stock refurbishment projects, resulting in differing trends by product within the transportation segment.
  5. FY2024-Q1Different performance by productAnnual report

    「In the transportation sector, substation equipment struggled as projects declined, but rolling stock equipment increased on the back of large projects.」

    Power receiving and substation equipment faced fewer projects and struggled, while rolling-stock equipment increased on large projects, resulting in differing trends by product within the transportation segment.
  6. FY2023-Q3RestatedAnnual report

    「In the transportation segment, information processing systems for railway operators and power receiving and substation equipment declined as large projects from the previous period ended. Rolling-stock equipment also remained sluggish as restraint on capital investment continued.」

    Information processing systems and power receiving and substation equipment declined as large projects from the previous period ended, while rolling-stock equipment remained sluggish as restraint on capital investment continued.
  7. FY2023-Q2RestatedAnnual report

    「In the transportation segment, information processing systems for railway operators declined as large projects from the previous period ended. Rolling-stock equipment also remained sluggish as restraint on capital investment continued.」

    Information processing systems for railway operators declined as large projects from the previous period ended, while rolling-stock equipment remained sluggish as restraint on capital investment continued.
  8. FY2023-Q1WorsenedAnnual report

    「In the transportation segment, train radio and information-processing equipment for railway operators declined as large orders from the previous period fell away. Capital investment restraint also continued, and rolling-stock equipment performed weakly.」

    Train radio and information-processing equipment declined as large orders from the previous period fell away, while rolling-stock equipment was weak because capital investment was restrained.
  9. FY2021-Q3RestatedAnnual report

    「In the transportation segment, wireless communications equipment for railway operators performed strongly, but power receiving and substation equipment declined as large orders from the previous period fell away, and rolling-stock equipment also performed weakly because capital investment was restrained, resulting in a substantial decline.」

    The divergent product-level trends continue to be reported: wireless communications equipment was strong, power receiving and substation equipment was affected by the loss of large orders, and rolling-stock equipment was weak because capital investment was restrained.
  10. FY2021-Q2Different performance by productAnnual report

    「In the transportation segment, wireless communications equipment for railway operators performed strongly, but power receiving and substation equipment declined substantially as large orders from the previous period fell away, and rolling-stock equipment also performed weakly.」

    Wireless communications equipment performed strongly, while power receiving and substation equipment was affected by the loss of large orders and rolling-stock equipment was weak, resulting in divergent product-level trends.
  11. FY2021-Q1Different performance by productAnnual report

    「In the transportation sector, equipment for railway rolling stock and wireless communications equipment performed well, but substation equipment declined significantly due to the loss of large projects from the previous period.」

    Wireless communications equipment performed strongly, while power receiving and substation equipment declined substantially as large orders from the previous period fell away.
  12. FY2020-Q1Different performance by productAnnual report

    「In the transportation segment, train radio equipment performed weakly, but power receiving and substation equipment for railway companies increased substantially on large orders.」

    Train radio equipment was weak, while power receiving and substation equipment for railway companies increased substantially on large orders, resulting in divergent product-level trends.
  13. FY2019-Q3MitigatedAnnual report

    「In the transportation segment, rolling-stock equipment and train radio equipment for railway companies increased on several large orders.」

    Train radio equipment, which had been weak through the previous quarter, was reported as having increased on large orders. Power receiving and substation equipment for railway companies was not mentioned separately in this disclosure.
  14. FY2019-Q2Different performance by productAnnual report

    「In the transportation segment, although power receiving and substation equipment for railway companies performed weakly, rolling-stock equipment and train radio equipment increased substantially on several large orders.」

    Power receiving and substation equipment for railway companies was weak, while train radio equipment increased substantially on large orders.
  15. FY2019-Q1WorsenedAnnual report

    「In the transportation segment, power receiving and substation equipment for railway companies performed weakly, but」

    Power receiving and substation equipment for railway companies performed weakly, weakening from its previous performance at the prior year's level or better.
  16. FY2018RestatedAnnual report

    「Power receiving and substation equipment and train radio equipment declined amid a lull in capital investment.」

    The decline in power receiving and substation equipment and train radio equipment was reaffirmed as being attributable to a lull in capital investment.
  17. FY2018-Q3RestatedAnnual report

    「Power receiving and substation equipment and train radio equipment performed weakly amid a lull in capital investment.」

    The weak performance of power receiving and substation equipment and train radio equipment was reaffirmed, together with the factor of a lull in capital investment.
  18. FY2018-Q2WorsenedAnnual report

    「In the transportation segment, rolling-stock components performed steadily, while power receiving and substation equipment and train radio equipment performed weakly amid a lull in capital investment.」

    Power receiving and substation equipment, which had been described as performing steadily in the previous quarter, was reported as weak, along with train radio equipment, because of a lull in capital investment.
  19. FY2018-Q1SoftenedAnnual report

    「In the transportation segment, rolling-stock components and power receiving and substation equipment performed steadily, while train radio equipment performed weakly amid a lull in capital investment.」

    Power receiving and substation equipment was described as turning to steady performance from its previous decline, while train radio equipment remained weak amid a lull in capital investment.
  20. FY2017-Q3First statedAnnual report

    「Train radio and power receiving and substation equipment declined because of the impact of large orders in the previous period.」

    This was the first mention that train radio and power receiving and substation equipment had declined because of the reversal of large orders in the previous period.
Moved together

"Decrease in Total Assets" moved the same way as this thread, in the same document, in 3 of its 20 moves.

333322★123456
  1. ★This thread
  2. 1Decrease in Total Assets3×
  3. 2Decline in Air-Conditioning Equipment and Struggles in Low-Temperature Equipment3×
  4. 3Improved profit margins in the building facilities business driven by orders for high-margin projects3×
  5. 4Solar Power Generation Systems Continue to Perform Steadily3×
  6. 5Handling and Expansion of Electronic Medical Device Projects2×
  7. 6Steady performance of controllers in the factory automation sector2×

★ 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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Kanaden's next results are scheduled for 2026-11-04. Read the earnings preview
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Decline in Train Radio and Power Receiving and Substation Equipment Projects | KANADEN CORPORATION (8081) | Komori