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Innotech (9880) · FactAdvanced

Declining Sales and Rising Profit in the Product Solutions Business

First written in FY2017-Q2. 13 of 33 entries say "Worsened", first in FY2020-Q1. Latest entry: FY2026.

33entries
11years
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How it moved
ProgressHeldSoftenedWorseOtherFY2017-Q2 – FY2019-Q3WorsenedFY2020-Q1 – FY2021-Q2WorsenedFY2025-H1 – FY20252016: 12017: 420172018: 420182019: 320192020: 420202021: 420212022: 420222023: 420232024: 320242025: 120252026: 12026
Same theme, other companies
The Product Solutions Business Turns to an Operating ProfitA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

Innotech moved to the "Worse" side of this theme in 2019.

0 other companies' 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

    「As a result, revenue from this business was ¥18,456 million, up 23.2% year on year, while segment profit was ¥1,190 million, compared with a segment loss of ¥312 million in the previous fiscal year.」

    The Test Solutions business swung from a ¥312 million segment loss in the previous fiscal year to segment profit of ¥1,190 million, while revenue also increased 23.2%.
  2. FY2025WorsenedAnnual report

    「As a result, revenue from this business was ¥14,977 million, down 5.7% year on year, while the segment loss was ¥312 million, compared with segment profit of ¥542 million in the previous fiscal year.」

    The Test Solutions business posted lower revenue and swung from segment profit in the previous fiscal year to a ¥312 million segment loss.
  3. FY2025-H1WorsenedAnnual report

    「As a result, revenue from this business was ¥7,053 million, up 2.0% year on year, while the segment loss was ¥410 million, compared with a segment loss of ¥67 million in the year-earlier period.」

    The Test Solutions business posted higher revenue, while its segment loss widened from ¥67 million in the year-earlier period to ¥410 million.
  4. FY2024Full-year segment results updatedAnnual report

    「As a result, revenue from this business was ¥15,885 million, up 14.0% year on year, while segment profit was ¥812 million, down 15.2%.」

    The Test Solutions business posted higher revenue for FY2024, but profit declined because demand for memory testers had not yet recovered.
  5. FY2024-Q3AdvancedAnnual report

    「As a result, revenue from this business was ¥11,337 million, up 14.6% year on year, while segment profit was ¥634 million, up 35.9%.」

    In the nine months to the third quarter, revenue in the Test Solutions business increased 14.6% and segment profit increased 35.9%, representing an improvement from the year-earlier period.
  6. FY2024-Q2WorsenedAnnual report

    「As a result, revenue from this business was ¥6,916 million, down 11.0% year on year, while segment profit was ¥80 million, down 89.3%.」

    The Test Solutions business posted lower revenue and profit in the six months to the second quarter, with segment profit down 89.3% year on year.
  7. FY2024-Q1WorsenedAnnual report

    「As a result, revenue from this business was ¥2,435 million, down 24.1% year on year, while the segment loss was ¥240 million, compared with segment profit of ¥150 million in the year-earlier period.」

    Revenue in the Test Solutions business declined 24.1% in the first quarter, and the business swung from segment profit in the year-earlier period to a ¥240 million segment loss.
  8. FY2023WorsenedAnnual report

    「As a result, revenue from this business was ¥13,938 million, down 3.5% year on year, while segment profit was ¥957 million, down 37.6%.」

    The Test Solutions business posted lower revenue and profit for FY2023, with segment profit declining by 37.6%.
  9. FY2023-Q3WorsenedAnnual report

    「As a result, revenue from this business was ¥9,888 million, down 12.0% year on year, while segment profit was ¥466 million, down 67.4%.」

    Following the restructuring, revenue and segment profit in the Test Solutions business both fell below the year-earlier levels in the nine months to the third quarter, with segment profit declining particularly sharply, by 67.4%.
  10. FY2023-Q2Second-quarter segment results updatedAnnual report

    「As a result, revenue from this business was ¥7,771 million, up 1.1% year on year, while segment profit was ¥750 million, down 33.9%.」

    Revenue in the Test Solutions business increased slightly over the six months to the second quarter, while segment profit declined 33.9%.
  11. FY2023-Q1WorsenedAnnual report

    「As a result, revenue from this business was ¥3,208 million, down 10.1% year on year, while segment profit was ¥150 million, down 71.4%.」

    Revenue and segment profit in the Test Solutions business both fell below the year-earlier levels, with the decline in segment profit particularly pronounced.
  12. FY2022Full-year segment results updatedAnnual report

    「As a result, revenue from this business was ¥14,447 million, up 35.8% year on year, while segment profit was ¥1,534 million, up 51.3%.」

    The Test Solutions business posted substantial increases in revenue and profit for FY2022.
  13. FY2022-Q3Third-quarter segment results updatedAnnual report

    「As a result, revenue from this business was ¥11,240 million, up 49.0% year on year, while segment profit was ¥1,432 million, up 145.3%.」

    The Test Solutions Business posted significant revenue growth and profit growth for the nine months ended in the third quarter.
  14. FY2022-Q2Second-quarter segment results updatedAnnual report

    「As a result, revenue from this business was ¥7,689 million, up 78.0% year on year, while segment profit was ¥1,136 million, compared with segment profit of ¥69 million in the year-earlier period.」

    The Test Solutions Business posted 78.0% revenue growth for the six months ended in the second quarter, while segment profit increased from ¥69 million in the year-earlier period to ¥1,136 million.
  15. FY2022-Q1ReframedAnnual report

    「[Test Solutions Business] The Test Solutions Business focused on providing high-value-added products by leveraging the Group's engineering capabilities, primarily for customers in the semiconductor memory market and other markets, while actively developing products that meet customer needs and cultivating new markets. As a result, revenue from this business was ¥3,569 million, up 134.6% year on year, while segment profit was ¥527 million, compared with a segment loss of ¥126 million in the year-earlier period.」

    Following the reorganization of the former Product Solutions business, results were reported under the Test Solutions Business, which posted a significant increase in revenue and swung from a segment loss to a segment profit.
  16. FY2021AdvancedAnnual report

    「As a result, revenue from this business was ¥11,630 million, up 16.6%, while segment profit was ¥1,037 million, up 60.4%.」

    The Product Solutions business posted higher revenue and higher profit for FY2021, with segment profit up 60.4%.
  17. FY2021-Q3AdvancedAnnual report

    「As a result, revenue from this business was ¥8,326 million, up 25.0%, while segment profit was ¥603 million, up 119.3%.」

    For the nine months ended in the third quarter, the Product Solutions business posted revenue growth of 25.0% and segment profit growth of 119.3%, representing a significant improvement from the year-earlier period.
  18. FY2021-Q2WorsenedAnnual report

    「As a result, revenue from this business was ¥4,803 million, up 11.3%, while segment profit was ¥76 million, down 44.6%.」

    The Product Solutions business posted higher revenue for the six months ended in the second quarter, while segment profit declined 44.6%.
  19. FY2021-Q1WorsenedAnnual report

    「As a result, revenue from this business was ¥1,771 million, down 4.8%, while the segment posted a loss of ¥125 million, compared with a segment loss of ¥60 million in the year-earlier period.」

    The Product Solutions business posted a 4.8% decline in revenue, while its segment loss widened from ¥60 million in the year-earlier period to ¥125 million.
  20. FY2020WorsenedAnnual report

    「As a result, revenue from this business was ¥9,976 million, down 12.6%, while segment profit was ¥646 million, down 41.0%.」

    The Product Solutions business posted lower revenue and lower profit for FY2020, with revenue down 12.6% and segment profit down 41.0%.
  21. FY2020-Q3WorsenedAnnual report

    「As a result, revenue from this business was ¥6,660 million, down 26.0%, while segment profit was ¥275 million, down 72.9%.」

    For the nine months ended in the third quarter, the Product Solutions business posted a 26.0% decline in revenue and a 72.9% decline in segment profit, with the declines in revenue and profit widening from the previous cumulative quarter.
  22. FY2020-Q2WorsenedAnnual report

    「As a result, revenue from this business was ¥4,315 million, down 10.5%, while segment profit was ¥138 million, down 57.8%.」

    For the six months ended in the second quarter, the Product Solutions business posted a 10.5% decline in revenue and a 57.8% decline in segment profit, falling below the year-earlier period.
  23. FY2020-Q1WorsenedAnnual report

    「As a result, revenue from this business was ¥1,860 million, down 18.7%, while the segment posted a loss of ¥60 million, compared with segment profit of ¥140 million in the year-earlier period.」

    The Product Solutions business posted an 18.7% decline in revenue and swung from segment profit in the year-earlier period to a ¥60 million loss.
  24. FY2019-Q3Third-quarter segment results updatedAnnual report

    「As a result, revenue from this business was ¥9,002 million, up 3.7%, while segment profit was ¥1,016 million, up 185.5%.」

    The Product Solutions business posted revenue growth of 3.7% and segment profit growth of 185.5% for the nine months ended in the third quarter.
  25. FY2019-Q2Second-quarter segment results updatedAnnual report

    「As a result, revenue from this business was ¥4,821 million, down 20.0%, while segment profit was ¥328 million, up 91.1%.」

    The Product Solutions business posted lower revenue due to the transfer of the hard disk drive sales business, while segment profit increased.
  26. FY2019-Q1First-quarter segment results updatedAnnual report

    「As a result, revenue from this business was ¥2,287 million, down 21.5%, while segment profit was ¥140 million, up 140.0%.」

    In FY2019-Q1, the Product Solutions business posted lower revenue but higher segment profit. The transfer of the hard disk drive sales business is cited as a factor behind the decline in revenue.
  27. FY2018Full-year segment results updatedAnnual report

    「As a result, revenue from this business was ¥11,440 million, down 2.5%, while segment profit was ¥472 million, up 29.1%.」

    The Product Solutions business posted lower revenue but higher segment profit for FY2018.
  28. FY2018-Q3Third-quarter segment results addedAnnual report

    「As a result, revenue from this business was ¥8,677 million, down 3.5%, while segment profit was ¥356 million, down 41.4%.」

    For the nine months ended in the third quarter, the Product Solutions business posted lower revenue and lower segment profit than in the year-earlier period, with the decline in segment profit particularly pronounced.
  29. FY2018-Q2Second-quarter segment results updatedAnnual report

    「As a result, revenue from this business was ¥6,029 million, down 6.7%, while segment profit was ¥172 million, down 73.5%.」

    For the six months ended in FY2018-Q2, the Product Solutions business posted lower revenue and lower segment profit than in the year-earlier period, with the decline in segment profit particularly pronounced.
  30. FY2018-Q1Add quarterly segment resultsAnnual report

    「As a result, revenue from this business was ¥2,912 million, down 6.9%, while segment profit was ¥58 million, down 73.5%.」

    In FY2018-Q1, the Product Solutions business posted lower revenue and lower segment profit than in the year-earlier period, with the decline in segment profit particularly pronounced.
  31. FY2017Full-year segment results addedAnnual report

    「As a result, revenue from this business was ¥11,733 million, down 14.8%, while segment profit was ¥365 million, up 15.2%.」

    The Product Solutions business posted lower full-year revenue but higher segment profit.
  32. FY2017-Q3Third-quarter segment results addedAnnual report

    「As a result, revenue from this business was ¥8,988 million, down 17.8%, while segment profit was ¥608 million, up 55.2%.」

    The Product Solutions business posted lower revenue but higher segment profit for the nine months ended in the third quarter, compared with the year-earlier period.
  33. FY2017-Q2First statedAnnual report

    「As a result, revenue from this business was ¥6,463 million, down 18.0%, while segment profit was ¥650 million, up 38.7%.」

    The Product Solutions business posted lower revenue year on year, while segment profit increased.
Moved together

"Risk of Market Price Fluctuations in Electronic Components and Test Systems" moved the same way as this thread, in the same document, in 13 of its 33 moves.

1376655★123456
  1. ★This thread
  2. 1Risk of Market Price Fluctuations in Electronic Components and Test Systems13×
  3. 2Uncertainty in the Economic Environment Due to Yen Appreciation, Stock Price Declines, Stagnation in Emerging-Market Economies and the UK's Brexit Issue7×
  4. 3Development of Test Equipment for Image Sensors, MEMS, RF and Power Devices6×
  5. 4Growth of the Test Solutions Business and Expansion of the Product Lineup6×
  6. 5Lower utilization of LSI contract design services due to delays in the customer development schedule5×
  7. 6ROIC of 8–10% and Widening the WACC Spread5×

★ 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.

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