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Kaga Electronics (8154) · FactMitigated

Strong performance of the LED installation business for commercial properties

First written in FY2019-Q3. 4 of 16 entries say "Restated". Latest entry: FY2026.

16entries
8years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019-Q3 – FY2022-Q2RestatedFY2024-Q2 – FY2025-H12019: 320192020: 120202021: 320212022: 220222023: 420232024: 120242025: 020252026: 22026
Same theme, other companies
Strong LED Lighting Sales in the Facilities BusinessA theme 3 companies write about · 0 as a headwind · 3 as a tailwind

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

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. FY2026MitigatedAnnual report

    「This was due to strong PC sales in the Information Equipment business and strong performance in LED installation projects for commercial facilities, among other factors.」

    The LED installation business, which had declined in the previous fiscal year after major projects reached completion, was described as performing strongly in the current fiscal year.
  2. 2026-05-14AdvancedEarnings presentation

    「(+) Strong LED installation work for major convenience stores and financial institutions (+) Solar panels and substation-related construction remained firm As a result, sales and profit increased year on year」

    Where the previous fiscal year had seen lower sales after the completion of large LED installation projects, the fiscal year ending March 2026 saw strong construction work for major convenience stores and financial institutions and firm performance in related work.
  3. FY2025-H1Revenue declines as major LED projects reach completionAnnual report

    「In addition, revenue from the LED installation business declined because the major projects that had been rolled out in earnest since the fiscal year before last reached completion.」

    The company reported that revenue declined as the major LED installation projects that had contributed to earnings through the previous fiscal year reached completion.
  4. FY2024-Q2RestatedAnnual report

    「In addition, the LED installation business benefited from major projects that began being rolled out in earnest in the previous fiscal year.」

    The company reported that major LED installation projects rolled out in earnest since the previous fiscal year continued to contribute to revenue during the cumulative second quarter.
  5. FY2024-Q1AdvancedAnnual report

    「The LED installation business progressed steadily, supported by revenue from major projects that had been rolled out in earnest since the previous fiscal year.」

    The company reported that major LED installation projects rolled out in earnest since the previous fiscal year began contributing to revenue and progressed steadily.
  6. FY2023AdvancedAnnual report

    「In addition, the LED installation business made a significant contribution to segment earnings as construction progressed steadily on a large-scale, nationwide project delayed by material shortages.」

    Construction progressed steadily on a large-scale, nationwide LED installation project delayed by material shortages, making a significant contribution to full-year earnings.
  7. FY2023-Q3RestatedAnnual report

    「The LED installation business saw a substantial improvement in earnings as major projects delayed by material shortages progressed steadily.」

    The company continues to explain that major LED installation projects delayed by material shortages progressed steadily and that earnings improved.
  8. FY2023-Q2RestatedAnnual report

    「In addition, the LED installation business saw earnings improve as major projects delayed by material shortages resumed.」

    The company continued to report the resumption of major LED installation projects delayed by material shortages and the resulting earnings improvement, as in the previous quarter.
  9. FY2023-Q1MitigatedAnnual report

    「In addition, the LED installation business benefited the segment’s earnings as major projects delayed by material shortages resumed.」

    The company reported that major LED installation projects delayed by material shortages resumed and contributed to earnings.
  10. FY2022-Q2Delivery delays caused by component shortages added to the factors extending the schedules of facility installation projectsAnnual report

    「The facility installation business, including LED lighting equipment and network equipment, was also affected by extended construction schedules resulting from delivery delays for products and materials due to component shortages.」

    For the facility installation business, the company identified extended construction schedules resulting from delivery delays for components and materials, in addition to factors such as customer circumstances, as a cause of the revenue decline.
  11. FY2022-Q1Revenue declines due to customer-driven extension of construction schedulesAnnual report

    「In this business, sales of PCs and PC peripherals such as security software to educational institutions continued to perform well, but revenue declined due to the negative reaction in PC sales for remote work and delays in construction schedules for LED installation services caused by customer circumstances.」

    The LED installation business for commercial facilities, previously described as performing steadily, became a factor behind the revenue decline due to construction schedules being extended at customers’ request.
  12. FY2021-Q3LED installation business strengthens againAnnual report

    「In addition, the LED lighting installation business for commercial facilities performed steadily.」

    The company reported that the LED installation business for commercial facilities, which had declined due to the pause in replacement demand from major customers through the previous period, performed steadily during the cumulative third quarter.
  13. FY2020-Q3RestatedAnnual report

    「Meanwhile, the commercial-facility LED installation business was affected by a pause in replacement demand from major customers, while sales of home appliances declined due in part to delivery-date adjustments by customers.」

    The company continues to attribute the decline in the LED installation business for commercial facilities to the pause in replacement demand from major customers.
  14. FY2020-Q2Explicitly identified the pause in replacement demand from major customers as a factor behind the declineAnnual report

    「Replacement demand from major customers for the LED installation business for commercial facilities has paused,」

    The company identified the pause in replacement demand from major customers as a specific factor behind the continued decline in the LED installation business for commercial facilities from the previous quarter.
  15. FY2020-Q1LED installation business for commercial facilities turns downAnnual report

    「The commercial-facility LED installation business and the home-appliance sales business declined due in part to delivery schedule adjustments by customers.」

    The LED installation business for commercial facilities, which had been described as performing steadily in the previous quarter, declined due to delivery schedule adjustments by customers.
  16. FY2019-Q3First statedAnnual report

    「In this business, the LED installation business for commercial facilities continued to perform steadily, although」

    The company identified the steady performance of its LED installation business for commercial facilities as a new business trend in the Information Equipment business.
Moved together

"Improving Revenue Growth and ROE" moved the same way as this thread, in the same document, in 5 of its 16 moves.

543333★123456
  1. ★This thread
  2. 1Improving Revenue Growth and ROE5×
  3. 2Strong performance in the EMS business for electronic equipment in Japan and overseas4×
  4. 3Payment of dividends to shareholders3×
  5. 4Expansion of the Overseas Business3×
  6. 5Weakness in the PC, Mobile Device and Gaming Equipment Markets3×
  7. 6Sluggish Orders for CG Animation and Game Software Development3×

★ 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
No upcoming earnings preview for Kaga Electronics yet. It last moved in the Earnings presentation of 2026-05-14: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Strong performance of the LED installation business for commercial properties | KAGA ELECTRONICS CO.,LTD. (8154) | Komori