Komori
Shinko Shoji (8141) · FactWorsened

Lower revenue and profit due to reduced demand for amusement equipment and industrial-related products

First written in FY2016. 10 of 33 entries say "Restated". Latest entry: FY2026.

33entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019-Q1AdvancedFY2022-Q2 – FY2024-Q2WorsenedFY2024-Q3 – FY2026-H12016: 320162017: 420172018: 420182019: 420192020: 420202021: 320212022: 320222023: 320232024: 120242025: 220252026: 22026
Same theme, other companies
Earnings deterioration due to weaker demand for entertainment equipment and industrial-related productsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2026WorsenedAnnual report

    「All of the Group's 4 main businesses, industrial equipment, automotive electrical equipment, office automation equipment and amusement equipment, performed below the previous year's results.」

    The situation in which all 4 main businesses remained below the previous year's results continued throughout the year following the partial recovery phase through the previous fiscal year. However, consolidated operating income rose 88.5% year on year due to cost reductions and other factors.
  2. 2026-05-15ReframedRevisions to earnings forecasts

    「As a result, the results of the Group for the consolidated fiscal year were consolidated net sales of ¥99,113 million, down 14.6% year on year; operating income of ¥1,201 million, up 88.5%; ordinary income of ¥1,555 million, up 169.0%; and net income attributable to owners of the parent of ¥1,127 million, up 123.1%.」

    While net sales declined, operating income, ordinary income and net income attributable to owners of the parent increased, changing the earnings combination from lower sales and lower profits to lower sales and higher profits.
  3. FY2026-H1WorsenedAnnual report

    「All 4 of the Group's main businesses, industrial equipment, automotive electrical equipment, amusement equipment and office automation equipment, performed below the results for the previous interim consolidated accounting period.」

    Following the partial recovery phase through the previous fiscal year, all 4 main businesses turned to results below the previous year's, resulting in interim net sales down 29.5% and operating income down 62.0%.
  4. FY2025WorsenedAnnual report

    「All of the Group's 4 main businesses, industrial equipment, automotive electrical equipment, office automation equipment and amusement equipment, performed below the previous year's results.」

    Following the partial recovery trend through the previous fiscal year, all 4 main businesses turned to results below the previous year's, leading to lower overall revenue and profit.
  5. FY2024-Q3WorsenedAnnual report

    「Automotive electrical equipment-related and industrial equipment-related businesses in the main areas were flat year on year, while entertainment equipment-related business remained strong and office automation equipment-related business remained sluggish, resulting in overall results roughly in line with the previous year. As a result, for the nine months ended the third quarter, consolidated net sales were ¥133,208 million (up 0.03% year on year), operating income was ¥4,878 million (down 7.6%), ordinary income was ¥4,751 million (down 8.8%), and net income attributable to owners of the parent was ¥3,212 million (down 8.0%).」

    Following the trend of higher revenue through the previous quarter, flat performance in some main businesses and sluggish performance in the office automation equipment business left overall results roughly in line with the previous year, while operating income, ordinary income and net income attributable to owners of the parent declined.
  6. FY2024-Q2AdvancedAnnual report

    「Under these conditions, the amusement equipment, automotive electrical equipment and industrial equipment businesses exceeded the previous year's results. As a result, for the cumulative second quarter, net sales were ¥9,362.9 million, up 4.7% year on year; operating income was ¥338.8 million, up 6.7%; ordinary income was ¥338.7 million, down 0.6%; and net income attributable to owners of the parent was ¥226.7 million, up 0.1%.」

    The amusement equipment, automotive electrical equipment and industrial equipment businesses, the 3 main areas, exceeded the previous year's results, with net sales up 4.7% and operating income up 6.7%. Ordinary income fell 0.6%.
  7. FY2024-Q1AdvancedAnnual report

    「Under these conditions, the automotive electrical equipment and amusement equipment businesses exceeded the results for the same quarter of the previous year. As a result, for the cumulative first quarter, results were as follows: Net sales: ¥4,543.2 million (up 9.8% year on year) Operating income: ¥173.0 million (up 11.6%) Ordinary income: ¥170.0 million (up 5.3%) Net income attributable to owners of the parent: ¥108.3 million (up 2.8%)」

    The automotive electrical equipment and amusement equipment businesses exceeded the previous year's results, with consolidated net sales up 9.8% and operating income up 11.6%, among other improvements, and the trend toward higher revenue and higher profit continued.
  8. FY2023-Q3AdvancedAnnual report

    「Under these conditions, all of the Group's main businesses, industrial equipment, automotive electrical equipment and office automation equipment, exceeded the results for the same quarter of the previous year. As a result, for the cumulative third quarter, results were as follows: Net sales: ¥13,317.4 million (up 44.7% year on year) Operating income: ¥528.0 million (up 162.1%) Ordinary income: ¥521.1 million (up 150.2%) Net income attributable to owners of the parent: ¥349.3 million (up 145.2%)」

    The 3 main businesses continued to exceed the previous year's results, with net sales up 44.7%, operating income up 162.1% and net income attributable to owners of the parent up 145.2%. The recovery in demand and increases in revenue and profit continued to advance through the cumulative third quarter.
  9. FY2023-Q2AdvancedAnnual report

    「Under these conditions, all of the Group's main businesses, industrial equipment, automotive electrical equipment and office automation equipment, exceeded the previous year's results. As a result, for the cumulative second quarter, net sales were ¥8,944.9 million, up 52.7% year on year; operating income was ¥317.4 million, up 180.2%; ordinary income was ¥340.8 million, up 197.5%; and net income attributable to owners of the parent was ¥226.6 million, up 183.2%.」

    The 3 main businesses continued to exceed the previous year's results, with net sales up 52.7% and operating income up 180.2%, among other improvements, as the recovery from lower revenue and lower profit through the previous year advanced through the cumulative second quarter.
  10. FY2023-Q1AdvancedAnnual report

    「Under these conditions, all of the Group's main businesses, industrial equipment, automotive electrical equipment and office automation equipment, exceeded the previous year's results. As a result, for the cumulative first quarter, results were as follows: Net sales: ¥4,136.0 million (up 36.2% year on year) Operating income: ¥154.9 million (up 132.1%) Ordinary income: ¥161.4 million (up 150.6%) Net income attributable to owners of the parent: ¥105.4 million (up 127.0%)」

    The main businesses continued to exceed the previous year's results, with net sales up 36.2% and operating income up 132.1%, among other improvements, as the recovery in demand and increases in revenue and profit advanced in the first quarter.
  11. FY2022-Q3AdvancedAnnual report

    「Under these conditions, all 4 of the Group's main businesses, industrial equipment, automotive electrical equipment, office automation equipment and amusement equipment, exceeded the previous year's results. As a result, for the cumulative third quarter, net sales were ¥9,203.3 million, up 29.7% year on year; operating income was ¥201.4 million, up 157.3%; ordinary income was ¥208.2 million, up 167.0%; and net income attributable to owners of the parent was ¥142.4 million, up 201.5%.」

    All 4 main businesses continued to exceed the previous year's results in the second quarter, with consolidated net sales up 29.7% year on year, operating income up 157.3% and net income attributable to owners of the parent up 201.5%. The recovery in demand and increases in revenue and profit continued to advance through the cumulative third quarter.
  12. FY2022-Q2AdvancedAnnual report

    「Under these conditions, all 4 of the Group's main businesses, industrial equipment, automotive electrical equipment, office automation equipment and amusement equipment, exceeded the previous year's results. As a result, for the cumulative second quarter, net sales were ¥5,859.0 million, up 33.4% year on year; operating income was ¥113.2 million, up 270.5%; ordinary income was ¥114.5 million, up 231.2%; and net income attributable to owners of the parent was ¥80.0 million, up 325.6%.」

    All 4 main businesses exceeded the previous year's results, with net sales up 33.4%, operating income up 270.5%, ordinary income up 231.2% and net income attributable to owners of the parent up 325.6%. The recovery in demand and increases in revenue and profit from the previous fiscal year continued to advance through the cumulative second quarter.
  13. FY2022-Q1Demand recovery, higher revenue and higher profitAnnual report

    「Under these conditions, all 4 of the Group's main businesses, industrial equipment, automotive electrical equipment, office automation equipment and amusement equipment, exceeded the previous year's results. As a result, for the cumulative first quarter, net sales were ¥3,035.8 million, up 45.9% year on year; operating income was ¥66.7 million, up 904.6%; ordinary income was ¥64.4 million, up 856.6%; and net income attributable to owners of the parent was ¥46.4 million, up 1,521.4%.」

    All 4 main businesses exceeded the previous year's results, with net sales up 45.9% and operating income up 904.6%, among other improvements, marking a recovery from the trend of lower revenue and lower profit through the previous year.
  14. FY2021-Q3RestatedAnnual report

    「Under these conditions, all of the Group's main businesses, namely industrial equipment, automotive electrical equipment and amusement equipment, recorded lower revenue year on year. As a result, for the cumulative third quarter, net sales were ¥7,094.1 million, down 6.7% year on year; operating income was ¥78.2 million, down 35.0%; ordinary income was ¥78.0 million, down 33.5%; and net income attributable to owners of the parent was ¥47.2 million, down 24.2%.」

    Lower revenue in the 3 main businesses and lower consolidated revenue and profit continued through the cumulative third quarter.
  15. FY2021-Q2RestatedAnnual report

    「Under these conditions, all of the Group's main business areas, industrial equipment, automotive electrical equipment and entertainment equipment-related businesses, recorded lower sales year on year. As a result, for the six months ended the second quarter, consolidated net sales were ¥43,924 million (down 14.0% year on year), operating income was ¥305 million (down 57.6%), ordinary income was ¥345 million (down 51.0%), and net income attributable to owners of the parent was ¥188 million (down 61.5%).」

    The trend toward lower revenue and lower profit caused by declining demand in the 3 main businesses continued through the cumulative second quarter, resulting in net sales down 14.0% and operating income down 57.6%, among other declines.
  16. FY2021-Q1WorsenedAnnual report

    「All three main businesses, industrial equipment, automotive electrical equipment and amusement equipment, performed sluggishly compared with the same quarter of the previous year.」

    The trend toward lower revenue and lower profit caused by declining demand in the main businesses since the previous fiscal year continued through the first quarter, with all 3 main businesses performing sluggishly.
  17. FY2020WorsenedAnnual report

    「As a result, for the fiscal year, the Group reported consolidated net sales of ¥10,162.7 million, down 12.7% year on year; operating income of ¥161.1 million, down 34.0%; ordinary income of ¥177.1 million, down 23.0%; and net income attributable to owners of the parent of ¥123.6 million, down 15.3%.」

    Declining demand in the main businesses since the previous fiscal year resulted in lower full-year revenue and lower profit, with net sales down 12.7% and operating income down 34.0% year on year.
  18. FY2020-Q3RestatedAnnual report

    「Against this economic and market backdrop, all of the Group's main businesses, namely industrial equipment, automotive electrical equipment and amusement equipment, recorded lower revenue year on year.」

    The trend toward lower revenue caused by declining demand in the main businesses continued through the cumulative third quarter.
  19. FY2020-Q2RestatedAnnual report

    「Against this economic and market backdrop, all of the Group's main businesses, namely industrial equipment, automotive electrical equipment and amusement equipment, recorded lower revenue year on year.」

    The trend toward lower revenue caused by declining demand in the main businesses since the previous fiscal year continued through the cumulative second quarter.
  20. FY2020-Q1WorsenedAnnual report

    「As a result, for the cumulative first quarter, net sales were ¥2,621.2 million, down 19.4% year on year; operating income was ¥35.5 million, down 45.6%; ordinary income was ¥43.0 million, down 38.9%; and net income attributable to owners of the parent was ¥32.0 million, down 28.2%.」

    Lower revenue and lower profit following the recovery in the previous fiscal year were also evident in the first quarter, with the rates of decline in net sales, operating income, ordinary income and net income attributable to owners of the parent shown.
  21. FY2019WorsenedAnnual report

    「As a result, for the fiscal year, the Group reported consolidated net sales of ¥11,640.5 million, down 9.0% year on year; operating income of ¥244.2 million, down 28.9%; ordinary income of ¥229.9 million, down 36.0%; and net income attributable to owners of the parent of ¥146.0 million, down 35.8%.」

    The recovery seen in the previous fiscal year turned into lower revenue and lower profit, with declines in net sales, operating income, ordinary income and net income attributable to owners of the parent reflected in the full-year results.
  22. FY2019-Q3RestatedAnnual report

    「As a result, for the cumulative third quarter, consolidated net sales were ¥8,982.0 million, down 10.1% year on year; operating income was ¥199.6 million, down 34.3%; ordinary income was ¥190.9 million, down 35.9%; and net income attributable to owners of the parent was ¥119.9 million, down 40.3%.」

    Lower revenue and lower profit have continued year on year, against a backdrop of sluggish performance in the amusement equipment, automotive electrical equipment, industrial equipment and communications equipment businesses.
  23. FY2019-Q2WorsenedAnnual report

    「As a result, for the cumulative second quarter, net sales were ¥5,913.1 million, down 13.0% year on year; operating income was ¥118.7 million, down 41.8%; ordinary income was ¥106.3 million, down 49.8%; and net income attributable to owners of the parent was ¥64.2 million, down 55.3%.」

    Revenue and profit were lower year on year for the second consecutive quarter, with net sales down 13.0%, operating income down 41.8%, ordinary income down 49.8% and net income attributable to owners of the parent down 55.3%. Sluggish performance in the amusement equipment and automotive electrical equipment businesses affected results.
  24. FY2019-Q1Lower revenue and lower profit year on year, but progress against the plan was solidAnnual report

    「Although revenue and profit were lower than in the same period of the previous year, progress against the initial plan was solid, with net sales at 27.1%, operating income at 29.6%, ordinary income at 30.6% and net income attributable to owners of the parent at 29.7%, each exceeding the quarterly average benchmark of 25%.」

    Although net sales fell 6.7% and operating income fell 38.6% year on year, among other declines, progress against the initial plan, including each profit item, exceeded the quarterly average benchmark of 25%.
  25. FY2018Continued recovery, higher revenue and higher profitAnnual report

    「The Group (the Company and its consolidated subsidiaries) performed well in the amusement equipment, industrial equipment and consumer equipment businesses, while the office automation equipment business remained firm.」

    The recovery from lower revenue and lower profit caused by declining demand through the previous fiscal year continued for the full year, with consolidated net sales up 13.8% year on year and operating income up 60.9%.
  26. FY2018-Q3RestatedAnnual report

    「Against this economic backdrop, the automotive electrical equipment business was unchanged year on year, while the amusement equipment and consumer equipment businesses performed well in domestic and overseas markets, and the industrial equipment, communications and office automation businesses remained firm. As a result, for the cumulative third quarter, consolidated net sales were ¥9,992.3 million, up 24.1% year on year; operating income was ¥304.0 million, up 106.5%; ordinary income was ¥298.1 million, up 116.8%; and net income attributable to owners of the parent was ¥200.7 million, up 158.1%.」

    The recovery from lower revenue and lower profit caused by declining demand through the previous fiscal year continued through the cumulative third quarter. The amusement equipment and consumer equipment businesses performed well, while the industrial equipment, communications and office automation businesses remained firm. Net sales rose 24.1%, operating income rose 106.5% and net income attributable to owners of the parent rose 158.1%.
  27. FY2018-Q2Continued strong performance, higher revenue and higher profitAnnual report

    「Against this economic backdrop, in addition to strong performance in the industrial equipment business, the Group's amusement equipment business also performed well year on year. As a result, for the cumulative second quarter, net sales were ¥6,797.1 million, up 30.8% year on year; operating income was ¥203.8 million, up 135.5%; ordinary income was ¥211.8 million, up 141.0%; and net income attributable to owners of the parent was ¥143.7 million, up 176.2%.」

    The recovery from lower revenue and lower profit caused by declining demand for amusement equipment and industrial products through the previous fiscal year continued, with net sales, operating income, ordinary income and net income attributable to owners of the parent all increasing year on year, driven by strong performance in the industrial equipment and amusement equipment businesses.
  28. FY2018-Q1Demand recovery, higher revenue and higher profitAnnual report

    「Against this economic backdrop, the Group (the Company and its consolidated subsidiaries) performed well in the domestic market in the amusement equipment and industrial equipment businesses, while the communications equipment and consumer equipment businesses remained sluggish. As a result, for the cumulative first quarter, net sales were ¥3,486.7 million, up 38.8% year on year; operating income was ¥106.4 million, up 225.6%; ordinary income was ¥113.1 million, up 219.6%; and net income attributable to owners of the parent was ¥74.9 million, up 257.4%.」

    The trend of lower revenue and lower profit caused by declining demand for amusement equipment and industrial products through the previous fiscal year turned into substantial increases in revenue and profit, driven by strong performance in the amusement equipment and industrial equipment businesses.
  29. FY2017RestatedAnnual report

    「As a result, for the fiscal year, the Group reported consolidated net sales of ¥11,245.8 million, down 3.6% year on year; operating income of ¥213.5 million, down 1.7%; ordinary income of ¥213.9 million, down 1.5%; and net income attributable to owners of the parent of ¥127.1 million, down 28.1%.」

    The full-year trend toward lower revenue and lower profit, driven by sluggish performance in the amusement, consumer and communications equipment businesses, has been confirmed.
  30. FY2017-Q3RestatedAnnual report

    「As a result, for the cumulative third quarter ended to date, consolidated net sales were ¥8,052.8 million, down 11.6% year on year; operating income was ¥147.2 million, down 14.7%; ordinary income was ¥137.4 million, down 17.0%; and net income attributable to owners of the parent was ¥77.7 million, down 24.3%.」

    The trend toward lower revenue and lower profit, driven by sluggish performance in the amusement equipment, consumer equipment, communications and office automation businesses, continued through the cumulative third quarter.
  31. FY2017-Q2RestatedAnnual report

    「As a result, for the cumulative period of the first 2 quarters of the current consolidated fiscal year, net sales were ¥51.946 billion, down 17.8% year on year; operating income was ¥865 million, down 28.3%; ordinary profit was ¥879 million, down 26.5%; and quarterly net income attributable to owners of the parent was ¥520 million, down 32.7%.」

    The trend toward lower revenue and lower profit, driven by sluggish performance in the amusement equipment, consumer equipment and industrial equipment businesses, continued through the cumulative second quarter.
  32. FY2017-Q1RestatedAnnual report

    「As a result, for the cumulative period of the first quarter of the current consolidated fiscal year, net sales were ¥25.126 billion, down 20.7% year on year; operating income was ¥326 million, down 55.4%; ordinary profit was ¥354 million, down 47.2%; and quarterly net income attributable to owners of the parent was ¥209 million, down 51.9%.」

    The trend of declining revenue and earnings due to weaker demand for entertainment equipment, industrial products and other areas, reported in the previous fiscal year, continued into the first quarter, with specific decline rates shown for net sales, operating income, ordinary profit and quarterly net income attributable to owners of the parent.
  33. FY2016First statedAnnual report

    「Although automotive electrical equipment remained firm, mainly in North America and ASEAN, revenue and ordinary profit declined year on year by 20% and 48%, respectively, due to a substantial decline in sales caused by the established shift to reused entertainment equipment and a cooling in demand immediately following regulatory revisions, as well as lower industrial-related sales resulting from slower capital investment in China and emerging markets.」

    In contrast to the strength of automotive electrical equipment, weaker demand for entertainment equipment and industrial products was cited as a factor behind the decline in revenue and earnings for the current period.
Moved together

"Risk from Demand and Capital Investment Trends in the Electronics Industry" moved the same way as this thread, in the same document, in 12 of its 33 moves.

1297665★123456
  1. ★This thread
  2. 1Risk from Demand and Capital Investment Trends in the Electronics Industry12×
  3. 2Dependence on Entertainment Equipment Demand and Sales Risk in the Assembly Business9×
  4. 3Identifying EMS Business Opportunities and Maximizing the Use of the Company’s Own Factory in China7×
  5. 4Higher revenue from contract development of electronic equipment and microcomputer software6×
  6. 5Risk of declining demand in major markets due to the spread of COVID-196×
  7. 6Financial, Economic and Political Risks Associated with Overseas Market Expansion5×

★ 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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Lower revenue and profit due to reduced demand for amusement equipment and industrial-related products | Shinko Shoji Co.,Ltd. (8141) | Komori