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Tsuzuki Denki (8157) · InitiativeFull-year impact of the reactionary decline following the completion of projects

Response to GIGA School Initiative Projects and Education ICT Demand

First written in FY2021-Q3. 1 of 4 entries say "Advanced", first in FY2021. Latest entry: FY2022.

4entries
2years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2021-Q3AdvancedFY2021OtherFY2022-Q3 – FY20222021: 220212022: 22022
Same theme, other companies
Expansion of educational ICT, cloud and security equipment salesA theme 13 companies write about · 1 as a headwind · 12 as a tailwind

The whole theme swung hardest in 2022: 2 of 10 companies on the "Worse" side.

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

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. FY2022Full-year impact of the reactionary decline following the completion of projectsAnnual report

    「In the information network solutions services business, services businesses, including cloud services, expanded significantly. However, orders and revenue both fell below the previous year’s levels owing to the reactionary decline following the completion of large-scale projects and GIGA School Initiative projects that had contributed in the previous year, a decline in PC deployment projects as the response to remote work ran its course, and continued longer lead times for equipment procurement resulting from semiconductor shortages.」

    While GIGA School Initiative projects contributed in the previous fiscal year, the reactionary decline following the completion of projects, the decline in PC deployment projects, and longer lead times caused by semiconductor shortages became factors in the full-year decreases in orders and revenue.
  2. FY2022-Q3Reactionary decline following the completion of projectsAnnual report

    「Orders and revenue both fell below the previous year’s levels, affected by the reactionary decline following the completion of large-scale projects and GIGA School Initiative projects that had contributed in the previous year, a decline in PC deployment projects as the response to remote work ran its course, and delivery delays caused by semiconductor shortages.」

    While GIGA School Initiative projects contributed to orders and revenue in the previous fiscal year, the reactionary decline following the completion of projects became a factor in the decrease in equipment orders and revenue in the cumulative period of the current quarter.
  3. FY2021AdvancedAnnual report

    「In the fourth quarter of the consolidated fiscal year, orders and revenue for equipment remained firm, supported by large-scale deployment projects for lightweight PCs suited to remote work and GIGA School Initiative projects.」

    Demand related to the GIGA School Initiative and education ICT concretely contributed to fourth-quarter orders and revenue for lightweight PCs and other products as order opportunities.
  4. FY2021-Q3First statedAnnual report

    「Order backlog exceeded the previous year’s level, owing to orders for GIGA School Initiative projects and large-scale deployments of lightweight PCs.」

    Explicitly identified demand for education ICT, including GIGA School Initiative projects, as a new order opportunity and explained that it contributed to the order backlog exceeding the previous year’s level.
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Tsuzuki Denki's next results are scheduled for 2026-10-30. Read the earnings preview
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