Lower revenue and profit due to reduced workload and a smaller operating structure
First written in FY2017-Q1. 12 of 34 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-09-30.
0 other companies' latest entry also says "Materialised".
- 2026-09-30MaterialisedEarnings
「自動運転/先進運転支援関連はソフトウェア開発需要の一時的な停滞や開発計画の見直しなどにより減少しました。車載情報関連は案件を受注したものの、おおむね横ばいで推移し、電動化関連は開発規模縮小に伴い減少しました。」
自動運転・先進運転支援関連の需要停滞と開発計画見直し、電動化関連の開発規模縮小が、売上高・セグメント利益の減少として実績に現れた。 - FY2026Increases and decreases by business areaAnnual report
「In control systems, the power grid business progressed steadily as development scale expanded. Tokyo-area transport management systems performed strongly in both revenue and profit due to a large-scale development project that began in the previous fiscal year. Conventional lines remained firm after an upgrade project was secured, while Shinkansen train operation control systems declined due to a gap between development projects. In automotive systems, revenue in autonomous driving and advanced driver assistance remained solid, including through the acquisition of new projects and an expanded scope of responsibility resulting from bundled orders covering multiple vehicle models. Automotive information systems remained strong, including through the acquisition of new projects, while electrification declined as development scale contracted.」
Expansion and new orders progressed in power grids, Tokyo-area transport management, conventional lines, ADAS and automotive information systems, while Shinkansen train operation control systems and electrification declined due to gaps between projects and reduced development scale. - FY2026-H1Progress and contraction by areaAnnual report
「Conventional-line and Shinkansen train operation control systems declined due to a gap between development projects. In automotive systems, autonomous driving and advanced driver assistance progressed steadily, including through the acquisition of new projects and an expanded scope of responsibility resulting from bundled orders covering multiple vehicle models. Automotive information systems remained strong, including through the acquisition of new projects, while electrification declined as development scale contracted.」
While the company as a whole delivered higher revenue and profit, declines occurred in train operation control systems and automotive electrification due to gaps between development projects and reduced development scale, while orders and scopes of responsibility expanded in ADAS and automotive information systems. - FY2025-H1Progress and contraction by areaAnnual report
「In automotive systems, revenue in autonomous driving and advanced driver assistance remained strong, as multiple vehicle models were acquired in bundled orders, leading to new projects and an expanded scope of responsibility. Revenue and profit in electrification declined as development scale contracted. In specialized information systems, satellite imagery remained strong due to increased orders. Revenue and profit in crisis management increased substantially as a large-scale project began during the fiscal year. In aerospace, staffing was reduced after some projects entered the testing phase.」
While the company as a whole delivered higher revenue and profit, revenue declines and staffing reductions due to changes in development scale and project phases continued in automotive electrification and aerospace. Progress was seen in ADAS, satellite imagery and crisis management through new orders and project launches. - FY2024Company-wide revenue growth, with increases and decreases by business areaAnnual report
「In automotive systems, autonomous driving and advanced driver assistance remained strong, including through the acquisition of new projects. Revenue in automotive information systems remained flat, while revenue and profit in electrification declined as development scale contracted. In specialized information systems, satellite imagery remained strong due to increased orders. In crisis management, revenue remained flat as staffing was expanded for the next project scheduled to begin in the next fiscal year, despite the completion of existing projects. In aerospace, staffing was reduced after some projects entered the testing phase. In embedded systems, staffing for storage-device development was reduced due to the downturn in the semiconductor market. Staffing for new storage development was reduced in the second half despite strong performance in the first half, also due to the downturn in the semiconductor market. IoT construction machinery remained strong as development volume increased and staffing was expanded.」
Although company-wide revenue and profit increased, reductions in staffing and declines in revenue and profit continued in automotive electrification, aerospace and storage devices due to changes in development scale, project phases and market conditions. - FY2024-Q3Company-wide revenue growth, with reductions in some areasAnnual report
「In automotive systems, autonomous driving and advanced driver assistance remained strong, including through the acquisition of new projects. Revenue in automotive information systems remained flat, while revenue and profit in electrification declined as development scale contracted. In specialized information systems, satellite imagery remained strong due to increased orders. In aerospace, revenue declined as staffing was reduced after some projects entered the testing phase. In crisis management, the next project was getting under way, but revenue and profit declined as staffing was reduced following the completion of existing projects.」
While company-wide revenue and profit continued to increase, automotive electrification, aerospace and crisis management actually experienced reduced staffing or lower revenue and profit as development scale and project phases changed. - FY2024-Q2Company-wide revenue growth, with reductions in some areasAnnual report
「In specialized information systems, revenue in aerospace declined as staffing was reduced after some projects entered the testing phase. Staffing in crisis management was reduced following the completion of a large-scale project.」
Aerospace and crisis management actually experienced reduced staffing and lower revenue as projects moved between phases or were completed, while company-wide revenue was ¥4,541 million, up 5.6% year on year. - FY2024-Q1Company-wide revenue growth, with increases and decreases by business areaAnnual report
「Staffing in crisis management was reduced following the completion of a large-scale project. As a result, revenue was ¥297 million, up 7.9% year on year, and segment profit was ¥44 million, down 20.8%.」
While crisis management saw reduced staffing and lower segment profit following the completion of a large-scale project, company-wide revenue increased 8.3% year on year, with overall revenue growth coexisting with reductions in some areas. - FY2023Company-wide revenue and profit growth, with reductions in some areasAnnual report
「As a result, revenue was ¥8,923 million, up 12.3% year on year; operating profit was ¥908 million, up 17.1%; ordinary profit was ¥967 million, up 19.7%; and net profit attributable to owners of the parent was ¥682 million, up 28.1%.」
Although the company as a whole delivered higher revenue and profit, reductions in development volume or staffing were reported in some control systems, ADAS image recognition and identification, crisis management and IoT construction machinery. - FY2023-Q3Company-wide revenue and profit growth, with reductions in some areasAnnual report
「The Shinkansen train operation control systems business remained firm despite reduced staffing after entering the maintenance phase. Development volume in conventional-line train operation control systems declined. As a result, revenue was ¥988 million, up 2.7% year on year, and segment profit was ¥213 million, up 1.4%.」
While staffing was reduced for Shinkansen train operation control systems and development volume declined for conventional lines, the control systems business as a whole delivered higher revenue and profit, with the impact of workload and staffing reduction risks varying by area. - FY2023-Q2Company-wide revenue and profit growth, with reductions in some areasAnnual report
「In automotive systems, development volume in autonomous driving and advanced driver assistance declined because projects were between development phases. Orders in electrification increased as the scale of overseas development expanded. In automotive information systems, both revenue and profit increased as development volume rose substantially. As a result, revenue was ¥1,045 million, up 15.4% year on year, and segment profit was ¥301 million, up 31.1%.」
While development volume in autonomous driving and advanced driver assistance continued to decline, the automotive systems business as a whole delivered higher revenue and profit due to growth in electrification and automotive information systems. - FY2023-Q1Company-wide revenue and profit growth, with reductions in some areasAnnual report
「Development volume in autonomous driving and advanced driver assistance declined because projects were between development phases. Orders in electrification increased as the scale of overseas development expanded. Orders in automotive information systems increased following an expansion in functional scope. As a result, revenue was ¥497 million, up 9.4% year on year, and segment profit was ¥142 million, up 15.6%.」
While development volume in autonomous driving and advanced driver assistance continued to decline, the automotive systems business as a whole delivered higher revenue and profit, with increased orders in electrification and automotive information systems. - FY2022MitigatedAnnual report
「As a result, revenue was ¥7,947 million, up 4.0% year on year; operating profit was ¥775 million, up 10.5%; ordinary profit was ¥808 million, up 0.6%; and net profit attributable to owners of the parent was ¥532 million, down 2.1%.」
While company-wide revenue and profit exceeded the previous year following the company-wide decline in the previous fiscal year, lower workloads and reduced staffing remain in control systems and autonomous driving and advanced driver assistance. - FY2022-Q3MaterialisedAnnual report
「In crisis management, staffing was expanded as part of a large-scale contract project got under way, but both revenue and profit declined because full-scale development work will begin from the fourth quarter onward.」
Full-scale development work on the large-scale contract project was pushed back, and the delay has actually resulted in lower revenue and profit despite the expansion of staffing. - FY2022-Q2MaterialisedAnnual report
「In autonomous driving and advanced driver assistance, some staffing was reduced due to the impact of COVID-19 and a transition period between development projects. In electrification projects, orders increased as development scale expanded. As a result, revenue was ¥906 million, up 3.3% year on year, and segment profit was ¥230 million, down 3.1%.」
Staffing was actually reduced in autonomous driving and advanced driver assistance, resulting in a 3.1% year-on-year decline in segment profit. Orders for electrification projects, meanwhile, increased. - FY2022-Q1MitigatedAnnual report
「As a result, revenue for the cumulative first quarter was ¥1,760 million, up 12.0% year on year; operating profit was ¥166 million, up 27.8%; ordinary profit was ¥179 million, up 13.6%; and net income attributable to owners of the parent was ¥90 million, down 15.7%.」
While company-wide revenue and profit declined due to lower workloads and the completion of projects in the previous fiscal year, revenue, operating profit and ordinary profit for the current quarter exceeded the year-earlier period. Quarterly net profit attributable to owners of the parent, however, fell below the year-earlier period. - FY2021MaterialisedAnnual report
「As a result, revenue was ¥7,643 million, down 1.6% year on year; operating profit was ¥701 million, down 3.6%; ordinary profit was ¥803 million, up 2.3%; and net income attributable to owners of the parent was ¥544 million, down 2.6%.」
Compared with the record-high results since listing in the previous fiscal year, revenue, operating profit, and net income decreased in the current period, with performance fluctuations caused by reduced workloads and revised project schedules also evident for the full fiscal year. - FY2021-Q3RestatedAnnual report
「As a result, revenue for the cumulative first nine months was ¥5,288 million, down 5.6% year on year; operating profit was ¥510 million, down 2.3%; ordinary profit was ¥563 million, up 0.5%; and net income attributable to owners of the parent was ¥387 million, up 3.1%.」
Company-wide revenue and operating profit decreased year on year, while ordinary profit and net income attributable to owners of the parent increased. Performance fluctuations associated with reduced workloads and a smaller operating structure continued to be observed. - FY2021-Q2MaterialisedAnnual report
「As a result, revenue for the cumulative first six months was ¥3,357 million, down 8.6% year on year; operating profit was ¥316 million, down 7.6%; ordinary profit was ¥353 million, down 5.0%; and net income attributable to owners of the parent was ¥235 million, down 5.9%.」
Revenue, operating profit, ordinary profit, and net income attributable to owners of the parent were below the previous-year period during the cumulative first six months due to reduced workloads and the timing of project acceptance. - FY2021-Q1MaterialisedAnnual report
「As a result, revenue for the cumulative first quarter was ¥1,571 million, down 14.4% year on year; operating profit was ¥130 million, down 24.7%; ordinary profit was ¥157 million, down 18.2%; and net income attributable to owners of the parent was ¥106 million, down 19.0%.」
Reduced workloads and project completions in areas including power systems within control systems, engine and transmission control within automotive systems, and part of the industrial and ICT solutions business resulted in lower revenue and earnings company-wide. - FY2020MitigatedAnnual report
「Although the company invested in creating a better working environment and pursued work-style reform, stronger project management improved productivity, enabling profit to significantly exceed the plan. Revenue and earnings both reached record highs since listing for the third consecutive period.」
The company explained that, unlike the declines in revenue and earnings previously caused by reduced workloads and a smaller operating structure, improved productivity resulted in record-high revenue and earnings since listing for the third consecutive period. - FY2020-Q3MitigatedAnnual report
「Regarding business performance, revenue for the cumulative first nine months was ¥5,603 million, up 10.0% year on year; operating profit was ¥522 million, up 13.5%; ordinary profit was ¥560 million, up 12.4%; and net income attributable to owners of the parent was ¥375 million, up 2.8%.」
Unlike the declines in revenue and earnings previously caused by reduced workloads and a smaller operating structure, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent all exceeded the previous-year period during the cumulative first nine months. - FY2020-Q2MitigatedAnnual report
「Regarding business performance, revenue for the cumulative first six months was ¥3,672 million, up 11.9% year on year; operating profit was ¥342 million, up 14.4%; ordinary profit was ¥372 million, up 14.2%; and net income attributable to owners of the parent was ¥250 million, up 1.1%.」
Unlike the declines in revenue and earnings previously caused by reduced workloads and a smaller operating structure, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent all exceeded the previous-year period during the cumulative first six months. - FY2020-Q1MitigatedAnnual report
「As a result, revenue for the cumulative first quarter was ¥1,836 million, up 24.2% year on year; operating profit was ¥172 million, up 40.3%; ordinary profit was ¥193 million, up 34.3%; and net income attributable to owners of the parent was ¥131 million, up 5.8%.」
Unlike the declines in revenue and earnings previously caused by reduced workloads and a smaller operating structure, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent all exceeded the previous-year period during the first quarter. - FY2019MitigatedAnnual report
「Although the company reduced overtime hours through work-style reform initiatives, stronger project management improved productivity, enabling profit to significantly exceed the plan and resulting in record-high revenue and earnings since the company was listed.」
The company explained that, unlike the company-wide declines in revenue and earnings previously caused by reduced workloads and a smaller operating structure, improved productivity resulted in revenue and earnings exceeding the plan. - FY2019-Q3MitigatedAnnual report
「As a result, revenue for the cumulative first nine months was ¥5,093 million, up 14.2% year on year; operating profit was ¥460 million, up 6.3%; ordinary profit was ¥498 million, up 3.7%; and net income attributable to owners of the parent was ¥365 million, up 40.9%.」
Unlike the company-wide declines in revenue and earnings previously caused by reduced workloads and a smaller operating structure, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent all exceeded the previous year during the cumulative first nine months. - FY2018MitigatedAnnual report
「As a result, revenue was ¥6,289 million, up 13.0% year on year; operating profit was ¥512 million, up 25.8%; ordinary profit was ¥579 million, up 24.7%; and net income attributable to owners of the parent was ¥314 million, up 2.5%.」
Unlike the declines in revenue and earnings caused by reduced workloads and a smaller operating structure through the previous year, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent all exceeded the previous year for the full fiscal year. - FY2018-Q3MitigatedAnnual report
「As a result, revenue for the cumulative first nine months was ¥4,460 million, up 19.7% year on year; operating profit was ¥433 million, up 71.2%; ordinary profit was ¥480 million, up 66.6%; and net income attributable to owners of the parent was ¥259 million, up 37.3%.」
Unlike the declines in revenue and earnings caused by reduced workloads and a smaller operating structure through the previous year, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent all exceeded the previous year during the cumulative first nine months. - FY2018-Q2MitigatedAnnual report
「Regarding business performance, revenue and earnings significantly exceeded the previous year because acceptance of some contracted projects expected in the second half was brought forward, in addition to the unusually high concentration of acceptance in the second half of the previous year in transportation-related control systems and specialized information systems, where contracted projects account for a large proportion of business.」
Unlike the previous year's declines in revenue and earnings caused by delays and concentration in project acceptance, revenue and earnings exceeded the previous year during the current period because acceptance of some projects was brought forward. - FY2018-Q1MitigatedAnnual report
「Because some contracted projects were accepted during the cumulative first quarter, revenue and earnings were significantly higher than in the previous year.」
Unlike the company-wide declines in revenue and earnings seen in the previous fiscal year, revenue and earnings exceeded the previous year during the quarter due to the acceptance of contracted projects. However, IT services remained below the previous year. - FY2017RestatedAnnual report
「Revenue was ¥5,567 million, down 0.9% year on year; operating profit was ¥407 million, down 4.2%; ordinary profit was ¥464 million, down 3.1%; and net income attributable to owners of the parent was ¥306 million, up 0.4%.」
The company explained that revenue, operating profit, and ordinary profit were below the previous year for the full fiscal year, primarily due to the completion of model development for in-vehicle information systems and a smaller operating structure in IT services. - FY2017-Q3RestatedAnnual report
「Regarding business performance, revenue and earnings were below the previous year due to the large number of projects scheduled for acceptance in the fourth quarter in transportation-related control systems and specialized information systems, where contracted development projects account for a large proportion of business, the company-wide tendency for revenue to be concentrated in the fourth quarter compared with the previous fiscal year, and the completion of model development for in-vehicle information systems in the automotive systems business.」
Lower revenue and earnings due to the concentration of project acceptance in the fourth quarter, the completion of vehicle-model development, and a smaller operating structure continued through the cumulative third quarter. Revenue was down 10.6% year on year and operating profit was down 32.8%. - FY2017-Q2RestatedAnnual report
「Regarding business performance, revenue and earnings were below the previous year due to the large number of projects scheduled for acceptance from the third quarter onward in transportation-related control systems and specialized information systems, where contracted development projects account for a large proportion of business, the company-wide tendency for revenue to be concentrated in the second half compared with the previous fiscal year, and the completion of model development for in-vehicle information systems in the automotive systems business.」
Lower revenue and earnings due to reduced workloads and a smaller operating structure continued through the cumulative second quarter. Revenue was down 13.2% year on year and operating profit was down 48.1%. - FY2017-Q1MaterialisedAnnual report
「As a result, revenue for the cumulative first quarter was ¥1,131 million, down 12.7% year on year; operating profit was ¥21 million, down 78.8%; ordinary profit was ¥34 million, down 68.9%; and net income attributable to owners of the parent was ¥20 million, down 71.9%.」
Reduced workloads and smaller operating structures in the automotive systems, embedded systems, and specialized information systems businesses were cited and quantified as lower revenue and earnings for the quarter.