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Mitani Sangyo (8285) · RiskAdvanced

Postponement of Order Intake Timing for Multiple System Development Projects

First written in FY2017-Q1. 15 of 20 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026.

20entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2018-Q1 – FY20262016: 220162017: 320172018: 320182019: 320192020: 320202021: 120212022: 020222023: 220232024: 120242025: 120252026: 12026
Same theme, other companies
Delayed performance progress due to delays in the timing of orders for large projectsA theme 14 companies write about · 15 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2023: 5 of 8 companies on the "Worse" side.

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

    「Revenue increased 59.8% year on year to ¥16,999 million, as the company delivered a NEXTGIGA school project, implemented DX promotion projects at educational institutions secured as a result of that project, and made steady progress on multiple core system renewal projects. Operating income increased 47.6% year on year to ¥1,419 million.」

    Deliveries and progress on DX projects derived from education ICT projects and core system renewal projects resulted in substantial increases in revenue and operating income in the Information Systems Business.
  2. FY2026-H1MitigatedAnnual report

    「Revenue increased 83.6% year on year to ¥8,669 million, as the company delivered a NEXTGIGA school project in Toyama Prefecture, implemented security environment development projects secured as a result of that project, and made steady progress on multiple core system renewal projects in the Tokyo metropolitan area. Operating income increased 88.2% year on year to ¥836 million.」

    Project deliveries and progress proceeded steadily, reducing the impact of postponed orders for system development projects previously disclosed.
  3. FY2024-Q3MitigatedAnnual report

    「Revenue increased 11.7% year on year to ¥7,056 million, as deliveries to customers in the Hokuriku region progressed steadily. Operating income increased 33.1% year on year to ¥612 million.」

    Steady deliveries in the Hokuriku region continued to reduce the previous impact of postponed orders for system development projects.
  4. FY2024-Q2AdvancedAnnual report

    「Orders received increased 8.1% year on year to ¥5,388 million, reflecting orders for public-sector projects and renewal projects for core systems and other systems in the Hokuriku region. Revenue increased 11.8% year on year to ¥4,585 million as deliveries to customers in the Hokuriku region and Tokyo metropolitan area progressed steadily, while operating income increased 51.9% year on year to ¥490 million.」

    Orders for public-sector projects and core system renewal projects, together with steady progress in deliveries, increased orders received, revenue and operating income.
  5. FY2024-Q1MitigatedAnnual report

    「Revenue increased 17.8% year on year to ¥1,842 million, as deliveries to customers in the Tokyo metropolitan area and Hokuriku region progressed steadily. Operating income was ¥57 million, compared with an operating loss of ¥49 million in the same period of the previous year.」

    Steady deliveries in the Tokyo metropolitan area and Hokuriku region resulted in a shift in the Information Systems Business from an operating loss in the same period of the previous year to operating income of ¥57 million. The impact of previously postponed orders for system development projects is weakening.
  6. FY2021MitigatedAnnual report

    「Orders received increased 38.7% year on year to ¥11,703 million, as orders for the original solution POWER EGG® remained strong and the company secured education-related projects and large-scale core system renewal projects.」

    After the postponement of orders for system development projects was previously disclosed, a substantial increase in full-year orders received through higher orders for POWER EGG, large-scale renewal projects and other projects reduced the impact of the postponements.
  7. FY2021-Q2MitigatedAnnual report

    「Orders received increased 43.9% year on year to ¥6,578 million, as orders for the original solution POWER EGG® were strong, particularly in western Japan, and the company secured education-related projects and large-scale core system renewal projects.」

    Strong orders for POWER EGG and the acquisition of education-related projects and large-scale core system renewal projects reduced the impact of previously postponed orders for system development projects.
  8. FY2021-Q1MitigatedAnnual report

    「Orders received increased 24.1% year on year to ¥3,267 million, as orders for the original solution POWER EGG® remained strong and the company secured large-scale core system renewal projects and education-related projects.」

    Orders for POWER EGG, large-scale core system renewal projects and education-related projects increased orders in the Information Systems Business, reducing the impact of the previous risk of postponed orders.
  9. FY2020-Q3MitigatedAnnual report

    「Orders received increased 18.3% year on year to ¥6,549 million, as orders for the original solution POWER EGG® remained strong, while the company developed new customers, introduced manufacturing equipment design systems, brought forward system development projects for production management systems and secured more PC renewal projects than expected due to the end of operating system support.」

    The acquisition of new customers, system implementation and development projects, and PC renewal projects increased orders received, reducing the impact of previously postponed orders for system development projects.
  10. FY2020-Q2MitigatedAnnual report

    「Orders received increased 44.5% year on year to ¥4,570 million, as orders for the original solution POWER EGG® remained at roughly the same level as in the same period of the previous year, while the company developed new customers, introduced manufacturing equipment design systems, brought forward system development projects for production management systems and secured more PC renewal projects than expected due to the end of operating system support.」

    Compared with the previously disclosed postponement of orders for system development projects, orders received increased 44.5% through the acquisition of new customers, system implementation and development projects, and PC renewal projects, further reducing the impact.
  11. FY2020-Q1MitigatedAnnual report

    「Revenue increased 6.3% year on year to ¥1,326 million, as system development and renewal projects progressed steadily in the Hokuriku region and the company secured multiple hardware renewal projects. Operating income increased 22.5% year on year to ¥69 million, as the company improved the efficiency of its development processes.」

    Progress in system development and renewal projects and hardware renewal projects, together with more efficient development processes, resulted in higher revenue and operating income, reducing the impact of the previous risk of postponed orders.
  12. FY2019-Q3MitigatedAnnual report

    「Orders received increased 18.5% year on year to ¥5,535 million, as orders for the original solution POWER EGG® from private-sector companies and financial institutions remained strong and the company secured multiple large-scale system integration projects.」

    The acquisition of multiple large-scale system integration projects increased orders received, further reducing the impact of postponed orders for system development projects previously disclosed.
  13. FY2019-Q2MitigatedAnnual report

    「Revenue increased 14.5% year on year to ¥3,063 million, as sales of POWER EGG® and system integration services centered on POWER EGG® remained strong, while large-scale hardware projects for upcoming system renewals at private-sector companies increased. Operating income increased 30.6% year on year to ¥318 million.」

    Orders for POWER EGG, system integration services and large-scale hardware projects increased, resulting in higher revenue and operating income in the Information Systems Business and reducing the impact of postponed orders.
  14. FY2019-Q1MitigatedAnnual report

    「Revenue increased 5.9% year on year to ¥1,247 million, as the introduction of IoT products at private-sector companies increased and system development projects progressed steadily in the Tokyo metropolitan area and Hokuriku region. Operating income increased 3.7% year on year to ¥56 million.」

    System development projects progressed steadily, resulting in higher revenue and operating income in the Information Systems Business and reducing the impact of postponed orders.
  15. FY2018-Q3MitigatedAnnual report

    「Revenue increased 10.9% year on year to ¥4,397 million for the same reasons as the increase in orders. Operating income increased 1,691.6% year on year to ¥407 million, reflecting higher gross profit accompanying the increase in revenue and efforts to improve the gross profit margin through the stable acquisition of system development projects.」

    The stable acquisition of system development projects led to substantial increases in revenue and operating income, further reducing the impact of postponed orders.
  16. FY2018-Q2MitigatedAnnual report

    「Operating income increased 2,624.9% year on year to ¥243 million, as the company worked to improve its gross profit margin through the stable acquisition of system development projects, in addition to strong sales of POWER EGG®.」

    The stable acquisition of system development projects continued, resulting in a substantial increase in operating income in the Information Systems Business.
  17. FY2018-Q1MitigatedAnnual report

    「Revenue increased 13.2% year on year to ¥1,178 million, supported by an increase in orders contributing to revenue in the three-month period ended the first quarter and the stable acquisition of system development projects. Operating income was ¥54 million, compared with an operating loss of ¥130 million in the same period of the previous year.」

    An increase in orders and the stable acquisition of system development projects increased revenue and resulted in a shift in operating results from a loss in the same period of the previous year to income of ¥54 million.
  18. FY2017-Q3RestatedAnnual report

    「Revenue decreased 1.0% year on year to ¥3,965 million, as fewer system development projects contributed to revenue in the nine-month period ended the third quarter than in the same period of the previous year, despite contributions from revenue recognized for package-related products including POWER EGG® mentioned above. Operating income decreased 74.6% year on year to ¥22 million.」

    Revenue recognized from system development projects remained below the level of the same period of the previous year, and operating income in the Information Systems Business was limited to ¥22 million.
  19. FY2017-Q2WorsenedAnnual report

    「Revenue decreased 3.7% year on year to ¥2,741 million, and operating income fell 95.7% year on year to ¥8 million. Although sales of POWER EGG® remained firm and the company also sold electronic device components outside the plan, fewer projects contributed to revenue in the six-month period ended the second quarter than in the same period of the previous year due to the postponement of orders for multiple system development projects.」

    The continued postponement of orders for system development projects resulted in a 3.7% year-on-year decline in revenue and a 95.7% decline in operating income to ¥8 million.
  20. FY2017-Q1First statedAnnual report

    「Orders for multiple system development projects in the company's Information Systems Business Division were postponed until the second quarter or later.」

    Orders for multiple system development projects were pushed back to the second quarter or later, reducing revenue recognized in the current quarter and increasing the operating loss.
Moved together

"Growth in orders for system integration, POWER EGG, and electronic device components" moved the same way as this thread, in the same document, in 16 of its 20 moves.

16121110109★123456
  1. ★This thread
  2. 1Growth in orders for system integration, POWER EGG, and electronic device components16×
  3. 2Expansion of Prime-Contracting and Renovation Orders in Hokuriku12×
  4. 3Deepening Engagement with Existing Customers, Developing New Customers, and Expanding the Recycling Business11×
  5. 4Company-wide quarterly profitability and performance disparities among segments10×
  6. 5Lower profitability in the resin business due to production plan restructuring and the postponement of full-scale production of a major mass-production product10×
  7. 6Expanding Orders for Non-Residential Properties in the Greater Tokyo and Hokuriku Regions9×

★ 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
Mitani Sangyo's next results are scheduled for 2026-10-30. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Postponement of Order Intake Timing for Multiple System Development Projects | MITANI SANGYO CO.,LTD. (8285) | Komori