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Kanaden (8081) · FactAdvanced

12.3% revenue decline in infrastructure business

First written in FY2018-Q1. 11 of 29 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2026.

29entries
10years
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ProgressHeldSoftenedWorseWorsenedFY2021-Q2 – FY20232017: 220172018: 420182019: 420192020: 420202021: 320212022: 320222023: 420232024: 220242025: 120252026: 22026
Same theme, other companies
Weakness in the Equipment Business Due to Declining Solar Power Plant-Related Construction WorkA theme 4 companies write about · 5 as a headwind · 0 as a tailwind

Kanaden moved to the "Worse" side of this theme in 2021.

1 other company's latest entry also says "Advanced".

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. FY2026AdvancedAnnual report

    「As a result, the business achieved an increase in revenue of ¥10,189 million, and ordinary profit increased by ¥578 million.」

    Following revenue and profit growth in the interim period, the Infrastructure segment reported a ¥10,189 million increase in revenue and a ¥578 million increase in ordinary profit for the full year.
  2. 2026-05-13AdvancedRevision of earnings forecasts

    「As a result, the business achieved an increase in revenue of ¥10,189 million, and ordinary profit increased by ¥578 million.」

    The infrastructure business recorded higher revenue and profit, extending its performance improvement from the previous period.
  3. FY2026-H1AdvancedAnnual report

    「As a result, the segment reported a ¥5,378 million increase in revenue, while ordinary profit increased by ¥201 million.」

    The Infrastructure segment reported a ¥5,378 million increase in revenue and a ¥201 million increase in ordinary profit, progressing from the profit decline seen through the previous fiscal year to growth in both revenue and profit.
  4. FY2025-H1Revenue Up, Profit DownAnnual report

    「As a result, the segment reported a ¥707 million increase in revenue, but ordinary profit declined by ¥76 million because large-scale projects with low profit margins accounted for a high proportion of the business.」

    The Infrastructure segment reported a ¥707 million increase in revenue, while ordinary profit declined by ¥76 million due to the high proportion of large-scale projects with low profit margins.
  5. FY2024-Q3AdvancedAnnual report

    「As a result, the segment reported a ¥2,516 million increase in revenue, while ordinary profit increased by ¥20 million.」

    The Infrastructure segment reported a ¥2,516 million year-on-year increase in revenue and a ¥20 million increase in ordinary profit.
  6. FY2024-Q2MitigatedAnnual report

    「As a result, the segment reported a ¥1,562 million increase in revenue, but ordinary profit declined by ¥7 million as the increase in revenue did not offset higher personnel and other expenses.」

    The Infrastructure segment reported a ¥1,562 million increase in revenue. Although the decline in profit continued, the decline narrowed from ¥17 million in the previous quarter to ¥7 million.
  7. FY2024-Q1Revenue Up, Profit DownAnnual report

    「As a result, the segment reported a ¥389 million increase in revenue, but ordinary profit declined by ¥17 million.」

    The Infrastructure segment reported a ¥389 million year-on-year increase in revenue, while ordinary profit declined by ¥17 million, resulting in revenue growth alongside a decline in profit.
  8. FY2023WorsenedAnnual report

    「As a result, the segment reported a ¥5,028 million decline in revenue, while ordinary profit declined by ¥180 million.」

    The Infrastructure segment changed from a ¥3,784 million decline in revenue and a ¥120 million decline in ordinary profit in the third quarter to a ¥5,028 million decline in revenue and a ¥180 million decline in ordinary profit for the full year.
  9. FY2023-Q3WorsenedAnnual report

    「As a result, the segment reported a ¥3,784 million decline in revenue, while ordinary profit declined by ¥120 million.」

    The Infrastructure segment reported a ¥3,784 million decline in revenue and a ¥120 million decline in ordinary profit, with weakness in the transportation field caused by the expiration of large-scale projects from the previous fiscal year and restrained capital investment affecting the segment as a whole.
  10. FY2023-Q2WorsenedAnnual report

    「As a result, the segment reported a ¥2,399 million decline in revenue, while ordinary profit declined by ¥67 million.」

    The Infrastructure segment reported a ¥2,399 million decline in revenue and a ¥67 million decline in ordinary profit, deteriorating from the previous quarter's ¥1,612 million revenue decline and ¥59 million decline in ordinary profit.
  11. FY2023-Q1WorsenedAnnual report

    「As a result, the segment reported a ¥1,612 million decline in revenue, while ordinary profit declined by ¥59 million.」

    The Infrastructure segment reported a ¥1,612 million decline in revenue and a ¥59 million decline in ordinary profit.
  12. FY2022-Q3WorsenedAnnual report

    「As a result, partly due to the ¥4,014 million reduction in revenue arising from the adoption of the revenue recognition accounting standard, the segment reported a ¥4,886 million decline in revenue and a ¥133 million decline in ordinary profit.」

    The Infrastructure segment reported a ¥4,886 million decline in revenue and a ¥133 million decline in ordinary profit, reflecting the expiration of large-scale projects from the previous fiscal year, a decrease in government agency projects, lower sales of substation and power distribution equipment and vehicle equipment, and the ¥4,014 million reduction in revenue resulting from the revenue recognition accounting standard.
  13. FY2022-Q2WorsenedAnnual report

    「As a result, partly due to the ¥2,706 million reduction in revenue arising from the adoption of the revenue recognition accounting standard, the segment reported a ¥3,888 million decline in revenue and a ¥106 million decline in ordinary profit.」

    The Infrastructure segment reported a ¥3,888 million decline in revenue and a ¥106 million decline in ordinary profit, due to the ¥2,706 million reduction in revenue from the adoption of the revenue recognition accounting standard, as well as the expiration of projects and a decrease in government agency projects.
  14. FY2022-Q1WorsenedAnnual report

    「As a result, partly due to the ¥901 million reduction in revenue arising from the adoption of the revenue recognition accounting standard, the segment reported a ¥1,411 million decline in revenue and a ¥51 million decline in ordinary profit.」

    The Infrastructure segment reported declines in revenue and ordinary profit due to the expiration of large-scale projects from the previous fiscal year and a decrease in government agency projects, in addition to a ¥901 million reduction in revenue resulting from the adoption of the revenue recognition standard.
  15. FY2021-Q3WorsenedAnnual report

    「As a result, the segment reported a 19.1% decline in revenue, while ordinary profit declined by ¥152 million.」

    The Infrastructure segment changed from a 21.1% revenue decline and an ¥8 million decline in ordinary profit in the cumulative second quarter period. Although the revenue decline narrowed, the decline in ordinary profit widened to ¥152 million.
  16. FY2021-Q2WorsenedAnnual report

    「As a result, the segment reported a 21.1% decline in revenue, while ordinary profit declined by ¥8 million.」

    The Infrastructure segment changed from a revenue decline and profit growth in the previous quarter to a 21.1% revenue decline and an ¥8 million decline in ordinary profit.
  17. FY2021-Q1Declining revenue and higher profitAnnual report

    「As a result, the segment reported a 12.9% decline in revenue. Ordinary profit, however, increased by ¥47 million, as strong performance in LED lighting projects for railway operators more than offset the low-profit large-scale substation and power distribution equipment project that rolled off from the previous fiscal year.」

    The Infrastructure segment reported a 12.9% revenue decline, while ordinary profit increased by ¥47 million on strong performance in LED lighting projects for railway operators.
  18. FY2020AdvancedAnnual report

    「As a result, the segment reported 22.2% revenue growth, while ordinary profit increased by ¥142 million.」

    The Infrastructure segment reported 22.2% revenue growth for the full year and a ¥142 million increase in ordinary profit, with projects for railway operators and government agencies contributing to revenue and profit.
  19. FY2020-Q3AdvancedAnnual report

    「As a result, the segment reported substantial revenue growth of 38.8%, while ordinary profit increased by ¥242 million.」

    The Infrastructure segment maintained substantial revenue growth, and the increase in ordinary profit expanded from ¥33 million in the cumulative second quarter period to ¥242 million.
  20. FY2020-Q2RestatedAnnual report

    「As a result, the segment reported substantial revenue growth of 49.0%, while ordinary profit increased by ¥33 million.」

    The report continues to record substantial revenue and ordinary profit growth in the Infrastructure segment.
  21. FY2020-Q1AdvancedAnnual report

    「As a result, the segment reported 54.1% revenue growth, while ordinary profit increased by ¥5 million.」

    The Infrastructure segment's revenue growth accelerated from 1.3% for the previous full year to 54.1% in the quarter, while ordinary profit also increased by ¥5 million.
  22. FY2019MitigatedAnnual report

    「As a result, the segment reported 1.3% revenue growth. Ordinary profit, however, came to ¥419 million, down 28.9% year on year, due to a decline in highly profitable projects.」

    The Infrastructure segment shifted from a revenue decline in the third quarter to 1.3% revenue growth for the full year, but ordinary profit declined 28.9% due to a decrease in highly profitable projects.
  23. FY2019-Q3WorsenedAnnual report

    「As a result, the segment reported a 1.0% decline in revenue, while ordinary profit declined by ¥312 million.」

    The Infrastructure segment deteriorated from 11.7% revenue growth and a ¥76 million decline in ordinary profit in the cumulative second quarter period to a 1.0% revenue decline and a ¥312 million decline in ordinary profit.
  24. FY2019-Q2Revenue up 11.7%, profit down ¥76 millionAnnual report

    「As a result, the segment reported 11.7% revenue growth. Ordinary profit, however, declined by ¥76 million, reflecting the impact of the highly profitable solar power generation projects in the previous fiscal year.」

    The Infrastructure segment reported 11.7% revenue growth, but ordinary profit declined by ¥76 million due to the reversal of the previous fiscal year's highly profitable solar power generation projects.
  25. FY2019-Q1MitigatedAnnual report

    「As a result, the business posted a 12.6% increase in revenue, while ordinary profit increased by ¥13 million.」

    The infrastructure business, which had posted lower revenue in the previous period, shifted to a 12.6% increase in revenue and a ¥13 million increase in ordinary profit in the quarter.
  26. FY2018Full-year revenue decline statedAnnual report

    「As a result, revenue from the business declined by 5.3%, but ordinary profit increased by ¥67 million due to orders for highly profitable projects.」

    The infrastructure business posted a 5.3% decline in revenue for the full year, while ordinary profit increased by ¥67 million due to highly profitable projects.
  27. FY2018-Q3MitigatedAnnual report

    「As a result, the business posted a 2.3% decline in revenue, but」

    The decline in revenue from the infrastructure business narrowed from 19.7% in the previous quarter to 2.3%.
  28. FY2018-Q2WorsenedAnnual report

    「As a result, the business posted a 19.7% decline in revenue, but」

    The decline in revenue from the infrastructure business widened from 12.3% in the previous quarter to 19.7%.
  29. FY2018-Q1First statedAnnual report

    「As a result, the business posted a 12.3% decline in revenue.」

    The year-on-year decline in revenue from the infrastructure business is stated numerically, alongside declines in large-scale solar projects and business with government agencies.
Moved together

"Decrease in Cash and Cash Equivalents" moved the same way as this thread, in the same document, in 12 of its 29 moves.

12109877★123456
  1. ★This thread
  2. 1Decrease in Cash and Cash Equivalents12×
  3. 2Decrease in Total Assets10×
  4. 3Higher cash outflows from operating activities9×
  5. 411.2% decline in revenue from the building facilities business8×
  6. 5Sharp Decline in Notes and Accounts Payable7×
  7. 6Improved profit margins in the building facilities business driven by orders for high-margin projects7×

★ 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: "Advanced".
News
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12.3% revenue decline in infrastructure business | KANADEN CORPORATION (8081) | Komori