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Senshu Electric (9824) · FactTurnaround from revenue and profit declines to revenue and profit growthLatest Earnings (2026-09-04): "Cited as achieved"

Profit growth despite declining revenue

First written in FY2016-Q3. 9 of 34 entries say "Restated". Latest entry: 2026-09-04.

34entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016-Q3 – FY2019-Q3OtherFY2023-Q1 – FY2024-Q22016: 12017: 320172018: 220182019: 420192020: 320202021: 420212022: 420222023: 420232024: 220242025: 220252026: 52026
Same theme, other companies
Profit Growth Amid Revenue DeclineA theme 125 companies write about · 2 as a headwind · 133 as a tailwind

Senshu Electric moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).

The whole theme swung hardest in 2020: 24 of 107 companies on the "Worse" side.

13 other companies' latest entry also says "Cited as achieved".

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.
Showing 14 of the 125 companies compared. The sentences above are computed from all 125.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-04Cited as achievedEarnings

    「Net sales were ¥121,548 million, up 19.9% year on year; operating income was ¥9,500 million, up 40.9%; ordinary income was ¥9,875 million, up 40.3%; and net income attributable to owners of the parent was ¥6,979 million, up 40.9%.」

    The company reported year-on-year increases in net sales, operating income, ordinary income, and net income attributable to owners of the parent, continuing the trend seen in the interim period.
  2. FY2026-H1Turnaround from revenue and profit declines to revenue and profit growthAnnual report

    「During the six months ended 30 September, delays in construction schedules in the construction and electrical distribution markets due to soaring material costs, labor shortages and other factors were offset by recovery in demand for semiconductor manufacturing equipment and machine tools, resulting in revenue of ¥76,779 million, up 11.3% year on year, operating profit of ¥5,594 million, up 16.6%, ordinary profit of ¥5,845 million, up 16.3%, and interim net income attributable to owners of the parent of ¥4,199 million, up 23.3%.」

    The results changed from declining revenue and profit in the previous fiscal year to growth in revenue, operating profit, ordinary profit and interim net income attributable to owners of the parent.
  3. FY2025WorsenedAnnual report

    「Revenue was ¥135,591 million, down 0.4% year on year; operating profit was ¥8,952 million, down 13.5%; ordinary profit was ¥9,272 million, down 13.8%; and net income attributable to owners of the parent was ¥6,717 million, down 11.4%.」

    After reaching record highs for the third consecutive fiscal year in the previous fiscal year, the results changed to declining revenue and profit, with revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declining in the current fiscal year.
  4. FY2025-H1Shifted to revenue growth and profit declineAnnual report

    「During the six months ended 30 September, although demand for semiconductor manufacturing equipment and machine tools stagnated in some areas, increased sales to the construction and electrical distribution markets resulted in revenue of ¥68,982 million, up 4.3% year on year, operating profit of ¥4,798 million, down 6.0%, ordinary profit of ¥5,025 million, down 5.7%, and interim net income attributable to owners of the parent of ¥3,405 million, down 7.3%.」

    The results changed from reaching record highs for the third consecutive fiscal year on a full-year basis in the previous fiscal year to revenue growth accompanied by declines in operating profit, ordinary profit and interim net income attributable to owners of the parent.
  5. FY2024AdvancedAnnual report

    「Revenue was ¥136,153 million, up 9.0% year on year; operating profit was ¥10,349 million, up 23.7%; ordinary profit was ¥10,761 million, up 22.7%; and net income attributable to owners of the parent was ¥7,578 million, up 28.0%, with revenue and all profit measures reaching record highs for the third consecutive fiscal year.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all reached record highs, marking the third consecutive update of the record.
  6. FY2024-Q2Revenue and profit growth continued, but growth rates for revenue, operating profit and ordinary profit narrowed while net income growth widenedAnnual report

    「During the six months ended 30 September, although demand for semiconductor manufacturing equipment and machine tools stagnated in some areas, increased sales to the automobile, construction and electrical distribution markets resulted in revenue of ¥66,125 million, up 6.9% year on year, operating profit of ¥5,104 million, up 18.6%, ordinary profit of ¥5,327 million, up 18.8%, and net income attributable to owners of the parent of ¥3,674 million, up 22.7%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent continued to increase. Compared with the year-earlier second-quarter cumulative period, growth rates narrowed for revenue, operating profit and ordinary profit, while widening for net income.
  7. FY2024-Q1Revenue and profit growth continued, with growth rates for revenue and net income widening while those for operating profit and ordinary profit narrowedAnnual report

    「Although demand for semiconductor manufacturing equipment and machine tools stagnated in some areas, increased sales to the automobile, construction and electrical distribution markets resulted in revenue of ¥33,744 million, up 13.4% year on year, operating profit of ¥2,643 million, up 23.1%, ordinary profit of ¥2,772 million, up 22.5%, and net income attributable to owners of the parent of ¥1,958 million, up 28.8%.」

    Revenue and profit growth continued. Year-on-year growth widened for revenue, from 9.6% to 13.4%, and for net income attributable to owners of the parent, from 27.3% to 28.8%, while narrowing for operating profit, from 29.4% to 23.1%, and ordinary profit, from 28.2% to 22.5%.
  8. FY2023-Q3Revenue and profit growth continued, but growth rates narrowedAnnual report

    「During the nine months ended 31 December, although demand for semiconductor manufacturing equipment and machine tools stagnated in some areas, increased sales to the automobile, construction and electrical distribution markets resulted in revenue of ¥92,859 million, up 11.1% year on year, operating profit of ¥6,342 million, up 20.4%, ordinary profit of ¥6,640 million, up 18.6%, and net income attributable to owners of the parent of ¥4,461 million, up 18.5%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent continued to increase. However, year-on-year growth rates narrowed from the previous quarter.
  9. FY2023-Q2Revenue and profit growth continued, but profit growth rates narrowedAnnual report

    「During the six months ended 30 September, strong demand for semiconductor manufacturing equipment remained in place, demand for automobiles and machine tools recovered, and sales to the construction and electrical distribution markets increased following the rise in copper prices, resulting in revenue of ¥61,851 million, up 12.1% year on year, operating profit of ¥4,304 million, up 21.7%, ordinary profit of ¥4,482 million, up 20.7%, and net income attributable to owners of the parent of ¥2,994 million, up 20.2%.」

    Revenue and all profit measures continued to increase year on year. Revenue growth widened from 9.6% in the previous quarter to 12.1%, while growth rates for operating profit and other profit measures narrowed from the previous quarter.
  10. FY2023-Q1Revenue and profit growth continued, but growth rates narrowedAnnual report

    「During the three months ended 30 June, increased demand for semiconductor manufacturing equipment, recovery in demand for automobiles and machine tools, and higher sales to the construction and electrical distribution markets following the rise in copper prices resulted in revenue of ¥29,764 million, up 9.6% year on year, operating profit of ¥2,147 million, up 29.4%, ordinary profit of ¥2,263 million, up 28.2%, and net income attributable to owners of the parent of ¥1,520 million, up 27.3%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent continued to increase. However, year-on-year growth rates narrowed from the previous quarter's increases of 33.5% for revenue and 130.2% for operating profit, among others.
  11. FY2022AdvancedAnnual report

    「For the fiscal year, increased demand for semiconductor manufacturing equipment, recovery in demand for automobiles and machine tools, and higher sales to the construction and electrical distribution markets, among other factors, resulted in revenue of ¥113,633 million, up 22.9% year on year, operating profit of ¥7,464 million, up 57.4%, ordinary profit of ¥7,894 million, up 57.8%, and net income attributable to owners of the parent of ¥5,314 million, up 48.3%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent increased substantially for the full fiscal year, with revenue and profit growth progressing.
  12. FY2022-Q3AdvancedAnnual report

    「During the nine months ended 31 December, increased demand for semiconductor manufacturing equipment, recovery in demand for automobiles and machine tools, and higher sales to the construction and electrical distribution markets following the rise in copper prices resulted in revenue of ¥83,548 million, up 25.5% year on year, operating profit of ¥5,266 million, up 62.3%, ordinary profit of ¥5,598 million, up 59.7%, and net income attributable to owners of the parent of ¥3,764 million, up 50.4%.」

    Revenue and profit growth continued, with revenue up 25.5%, operating profit up 62.3%, ordinary profit up 59.7%, and net income attributable to owners of the parent up 50.4% year on year.
  13. FY2022-Q2AdvancedAnnual report

    「During the six months ended 30 September, increased demand for semiconductor manufacturing equipment, recovery in demand for automobiles and machine tools, and higher sales to the construction and electrical distribution markets following the rise in copper prices resulted in revenue of ¥55,154 million, up 28.3% year on year, operating profit of ¥3,536 million, up 85.6%, ordinary profit of ¥3,713 million, up 77.6%, and net income attributable to owners of the parent of ¥2,491 million, up 72.7%.」

    Against the backdrop of increased demand for semiconductor manufacturing equipment, recovery in demand for automobiles and machine tools, and higher sales to the construction and electrical distribution markets following the rise in copper prices, revenue and all profit measures increased year on year, and revenue and profit growth continued.
  14. FY2022-Q1AdvancedAnnual report

    「During the three months ended 30 June, increased demand for semiconductor manufacturing equipment, recovery in demand for automobiles and machine tools, and higher sales to the construction and electrical distribution markets following the rise in copper prices resulted in revenue of ¥27,161 million, up 33.5% year on year, operating profit of ¥1,658 million, up 130.2%, ordinary profit of ¥1,766 million, up 115.7%, and net income attributable to owners of the parent of ¥1,194 million, up 117.3%.」

    Revenue increased 33.5% year on year, operating profit 130.2%, ordinary profit 115.7%, and net income attributable to owners of the parent 117.3%, quantitatively demonstrating continued progress in revenue and profit growth.
  15. FY2021AdvancedAnnual report

    「For the fiscal year, increased demand for semiconductor manufacturing equipment, recovery in demand for automobiles and machine tools, and higher sales to the construction and electrical distribution markets following the rise in copper prices resulted in revenue of ¥92,463 million, up 24.5% year on year, operating profit of ¥4,743 million, up 51.8%, ordinary profit of ¥5,004 million, up 47.9%, and record-high net income attributable to owners of the parent of ¥3,583 million, up 52.4%.」

    After changing from declining revenue and profit in the previous fiscal year to revenue and profit growth, revenue, operating profit, ordinary profit and net income increased substantially for the full fiscal year, with net income attributable to owners of the parent described as a record high.
  16. FY2021-Q3Acceleration in revenue and profit growthAnnual report

    「During the nine months ended 31 December, increased demand for semiconductor manufacturing equipment, recovery in demand for automobiles and machine tools, and higher sales to the construction and electrical distribution markets following the rise in copper prices resulted in revenue of ¥66,568 million, up 20.2% year on year, operating profit of ¥3,243 million, up 35.1%, ordinary profit of ¥3,506 million, up 34.8%, and net income attributable to owners of the parent of ¥2,503 million, up 40.1%.」

    Revenue and profit continued to grow from the previous quarter, with year-on-year growth rates of 20.2% for revenue, 35.1% for operating profit, 34.8% for ordinary profit and 40.1% for net income.
  17. FY2021-Q2Shifted from revenue growth and profit decline to revenue and profit growthAnnual report

    「During the six months ended 30 September, recovery in demand for semiconductor manufacturing equipment and automobiles and machine tools, together with higher sales to the construction and electrical distribution markets following the rise in copper prices, resulted in revenue of ¥42,973 million, up 11.9% year on year, operating profit of ¥1,905 million, up 5.6%, ordinary profit of ¥2,090 million, up 9.3%, and net income attributable to owners of the parent of ¥1,442 million, up 9.2%.」

    The results changed from revenue growth accompanied by profit declines in the previous quarter to growth in revenue, operating profit, ordinary profit and net income attributable to owners of the parent. The stated factors were the recovery in demand for semiconductor manufacturing equipment, automobiles and machine tools, and higher sales to the construction and electrical distribution markets following the rise in copper prices.
  18. FY2021-Q1Shifted to revenue growth and profit declineAnnual report

    「During the three months ended 30 June, higher selling prices following the rise in copper prices supported revenue, but reduced demand for electric wires for private-sector capital investment resulted in revenue of ¥20,353 million, up 1.3% year on year, operating profit of ¥720 million, down 12.0%, ordinary profit of ¥819 million, down 7.0%, and net income attributable to owners of the parent of ¥549 million, down 10.9%.」

    The results changed from declining revenue and profit through the previous fiscal year to growth in revenue but declines in operating profit, ordinary profit and net income attributable to owners of the parent.
  19. FY2020WorsenedAnnual report

    「Lower selling prices following the decline in copper prices and reduced demand for electric wires for private-sector capital investment resulted in revenue of ¥74,288 million, down 11.2% year on year, operating profit of ¥3,124 million, down 21.5%, ordinary profit of ¥3,382 million, down 19.6%, and net income attributable to owners of the parent of ¥2,351 million, down 13.4%.」

    The full-year results confirmed declines in both revenue and profit, with revenue, operating profit, ordinary profit and net income all down year on year.
  20. FY2020-Q3WorsenedAnnual report

    「Lower selling prices following the decline in copper prices and reduced demand for electric wires for private-sector capital investment resulted in revenue of ¥55,389 million, down 12.2% year on year, operating profit of ¥2,401 million, down 19.3%, ordinary profit of ¥2,600 million, down 17.6%, and net income attributable to owners of the parent of ¥1,787 million, down 15.2%.」

    The decline in revenue and profit continued from the previous quarter, with the revenue decline widening from 9.4% to 12.2% and the operating profit decline from 16.1% to 19.3%. Ordinary profit and net income attributable to owners of the parent also declined year on year.
  21. FY2020-Q2RestatedAnnual report

    「During the six months ended 30 September, lower selling prices following the decline in copper prices and reduced demand for electric wires for private-sector capital investment resulted in revenue of ¥38,399 million, down 9.4% year on year, operating profit of ¥1,804 million, down 16.1%, ordinary profit of ¥1,911 million, down 15.5%, and net income attributable to owners of the parent of ¥1,320 million, down 13.1%.」

    Revenue and profit continued to decline against the backdrop of lower copper prices and reduced private-sector capital investment demand, following the previous quarter. While the year-on-year decline in revenue widened, the rates of decline in each profit measure narrowed from the previous quarter, with no new overall shift in direction.
  22. FY2020-Q1WorsenedAnnual report

    「During the three months ended 30 June, lower selling prices following the decline in copper prices and reduced demand for electric wires for private-sector capital investment resulted in revenue of ¥20,091 million, down 6.0% year on year, operating profit of ¥818 million, down 24.0%, ordinary profit of ¥880 million, down 22.4%, and net income attributable to owners of the parent of ¥616 million, down 19.7%.」

    The trend of revenue and profit growth that had continued up to then changed, with revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declining year on year.
  23. FY2019-Q3RestatedAnnual report

    「Revenue was ¥63,085 million, up 3.9% year on year; operating profit was ¥2,976 million, up 8.4%; ordinary profit was ¥3,156 million, up 7.4%; and net income attributable to owners of the parent was ¥2,107 million, up 4.1%.」

    Despite the impact of lower copper prices and declining demand in some areas, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year. Revenue growth and profit growth continued from the previous quarter, but year-on-year profit growth rates declined.
  24. FY2019-Q2RestatedAnnual report

    「Despite lower selling prices following the decline in copper prices, firm demand for electric wires for private-sector capital investment and solid construction demand resulted in revenue of ¥42,404 million, up 3.6% year on year, operating profit of ¥2,150 million, up 18.0%, ordinary profit of ¥2,263 million, up 16.4%, and net income attributable to owners of the parent of ¥1,520 million, up 13.4%.」

    Despite the impact of lower selling prices following the decline in copper prices, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year.
  25. FY2019-Q1RestatedAnnual report

    「Despite lower selling prices following the decline in copper prices, firm demand for electric wires for private-sector capital investment and solid construction demand resulted in revenue of ¥21,367 million, up 4.4% year on year, operating profit of ¥1,077 million, up 34.8%, ordinary profit of ¥1,134 million, up 29.5%, and net income attributable to owners of the parent of ¥767 million, up 28.8%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and revenue growth and profit growth continued.
  26. FY2018RestatedAnnual report

    「Revenue was ¥82,038 million, up 9.4% year on year; operating profit was ¥3,868 million, up 20.8%; and ordinary profit was ¥4,105 million, up 18.8%. However, because the company recorded ¥501 million in extraordinary losses, including impairment losses on fixed assets at its former offices following the relocation of its Takamatsu Branch and Saitama Sales Office, net income attributable to owners of the parent was ¥2,371 million, up 3.6%.」

    For the full fiscal year, revenue growth and increases in operating profit and ordinary profit continued, but growth in net income attributable to owners of the parent was limited to 3.6% due to impairment losses and other factors.
  27. FY2018-Q3RestatedAnnual report

    「As a result, during the nine months ended 31 December, in addition to the revenue gains from a gradual recovery in construction demand and higher copper prices, firm demand for electric wires for private-sector capital investment resulted in revenue of ¥60,742 million, up 10.6% year on year, operating profit of ¥2,745 million, up 18.3%, ordinary profit of ¥2,938 million, up 17.0%, and net income attributable to owners of the parent of ¥2,024 million, up 20.9%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, with revenue growth and profit growth continuing.
  28. FY2018-Q2RestatedAnnual report

    「Revenue was ¥40,939 million, up 11.2% year on year; operating profit was ¥1,822 million, up 13.0%; ordinary profit was ¥1,943 million, up 11.8%; and net income attributable to owners of the parent was ¥1,341 million, up 15.3%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, with revenue growth accompanied by profit growth continuing. No new completion or achievement milestone was specified.
  29. FY2017-Q3RestatedAnnual report

    「As a result, during the nine months ended 31 December, despite a decline in construction demand, firm demand for electric wires for private-sector capital investment resulted in revenue of ¥54,912 million, up 8.0% year on year, operating profit of ¥2,319 million, up 12.2%, ordinary profit of ¥2,512 million, up 14.2%, and net income attributable to owners of the parent of ¥1,674 million, up 28.5%.」

    Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, following the previous quarter. No new completion or achievement milestone was specified.
  30. FY2017-Q2RestatedAnnual report

    「As a result, during the six months ended 30 September, despite a decline in construction demand, firm demand for electric wires for private-sector capital investment resulted in revenue of ¥36,807 million, up 4.6% year on year, operating profit of ¥1,612 million, up 12.6%, ordinary profit of ¥1,738 million, up 14.2%, and net income attributable to owners of the parent of ¥1,163 million, up 27.4%.」

    Revenue and all profit measures continued to increase year on year, following the previous quarter. Revenue growth and profit growth continued, but no new achievement milestone was specified.
  31. FY2017-Q1Trend changed from a revenue decline to revenue growthAnnual report

    「As a result, during the three months ended 30 June, despite a decline in construction demand, firm demand for electric wires for private-sector capital investment resulted in revenue of ¥18,143 million, up 2.7% year on year, operating profit of ¥774 million, up 18.6%, ordinary profit of ¥837 million, up 19.5%, and net income attributable to owners of the parent of ¥561 million, up 46.1%.」

    Following the previous period's decline in revenue and increase in profit, this period saw year-on-year increases in revenue, operating profit, ordinary profit and net income.
  32. FY2016-Q3First statedAnnual report

    「As a result, during the nine months ended 31 December, revenue declined to ¥50,853 million, down 11.6% year on year, due to lower selling prices following the decline in copper prices. However, demand for electric wires for private-sector capital investment remained firm, resulting in operating profit of ¥2,067 million, up 20.2% year on year, ordinary profit of ¥2,199 million, up 8.1%, and net income attributable to owners of the parent of ¥1,303 million, up 19.4%.」

    Although net sales declined, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the year-earlier period.
Moved together

"Share Repurchase" moved the same way as this thread, in the same document, in 6 of its 34 moves.

643322★123456
  1. ★This thread
  2. 1Share Repurchase6×
  3. 2Numerical Targets in the 2017–2021 Medium-Term Management Plan4×
  4. 3Uncertainty over the Outlook for the Global Economy, Foreign Exchange and Other Factors3×
  5. 4Stagnant Shipments to the Construction and Electrical Equipment Retail Markets3×
  6. 5Firm demand for electric wires for private-sector capital investment2×
  7. 6Dividend Returns to Shareholders2×

★ 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 Senshu Electric yet. It last moved in the Earnings of 2026-09-04: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Profit growth despite declining revenue | SENSHU ELECTRIC CO.,LTD. (9824) | Komori