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Sekichu (9976) · FactChanged from an increase to a decrease in sales

Strong performance in the consumer electronics segment and weak performance in the household goods segment

First written in FY2020. 4 of 14 entries say "Worsened", first in FY2022. Latest entry: FY2027-H1.

14entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2021-Q3 – FY2022-Q1WorsenedFY2022 – FY2024-Q1OtherFY2025-H1 – FY2027-H12020: 420202021: 220212022: 120222023: 320232024: 220242025: 120252026: 12026
Same theme, other companies
Segment-Specific Performance Divergence in Furniture, Household Goods, and Other BusinessesA theme 2 companies write about · 0 as a headwind · 0 as a tailwind

Sekichu moved to the "Worse" side of this theme in 2022.

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. FY2027-H1Changed from an increase to a decrease in salesAnnual report

    「In “Household Goods,” the daily necessities segment performed strongly, partly due to the expansion of the drugstore area, while the home appliances, interior and other segments struggled because of unfavorable summer weather. Sales were ¥4.267 billion, down 0.2% year on year.」

    Household goods sales changed from a 1.3% year-on-year increase in the previous interim period to a 0.2% decrease, as strong performance in daily necessities was offset by difficult performance in the home appliances and interior segments.
  2. FY2025Continued sales growth after a declineAnnual report

    「In “Household Goods,” the daily necessities division performed well, while the interior and storage division struggled. Sales were ¥8.723 billion, up 0.5% year on year.」

    The daily necessities division performed well and the interior and storage division struggled, while Household Goods sales increased 0.5% year on year.
  3. FY2025-H1Shift from declining to rising salesAnnual report

    「Household Goods 4,189,870 — 4,245,923 —」

    Household Goods sales increased from ¥4.189870 billion in the same period of the previous year to ¥4.245923 billion in the interim accounting period, up approximately 1.3% year on year. Sales shifted to year-on-year growth from a 6.6% year-on-year decline for FY2024 as a whole.
  4. FY2024WorsenedAnnual report

    「In “Household Goods,” the daily necessities division remained weak due to poor performance in the home-appliance division caused by unsettled weather and declining sales of hygiene products following the easing of restrictions related to the coronavirus pandemic. Sales were ¥8.684 billion, down 6.6% year on year.」

    Household Goods sales for the full year fell 6.6% year on year due to weak performance in home appliances and daily necessities.
  5. FY2024-Q3WorsenedAnnual report

    「Household Goods 6,696,065 — 6,273,603 —」

    Household Goods sales declined from ¥6.696065 billion in the same period of the previous year to ¥6.273603 billion, down approximately 6.3% year on year.
  6. FY2024-Q2Sales decline; narrower declineAnnual report

    「Household Goods 4,424,414 — 4,189,870 —」

    Household Goods sales declined from ¥4.424414 billion in the same period of the previous year to ¥4.189870 billion, down approximately 5.3%. The rate of decline narrowed from approximately 11.7% recorded at the end of the previous fiscal year.
  7. FY2024-Q1WorsenedAnnual report

    「Household Goods 2,185,559 — 1,929,517 —」

    According to segment information, Household Goods sales declined from ¥2.185559 billion in the same period of the previous year to ¥1.929517 billion in the first quarter, down approximately 11.7% year on year.
  8. FY2022WorsenedAnnual report

    「In “Household Goods,” sales in the daily necessities and household-goods division, mainly hygiene products, fell substantially below the previous year. Sales were ¥9.650 billion, down 10.5% year on year.」

    Following the reversal of exceptional demand in the previous year, sales in the daily necessities and household-goods division fell 10.5%, making the decline in Household Goods more pronounced.
  9. FY2022-Q1Decline in household goods following the reversal of exceptional demandAnnual report

    「In the home-center industry, hygiene products and household goods experienced a decline following the exceptional demand seen last year in connection with the spread of the novel coronavirus, while DIY products and leisure products performed well.」

    While the company had described strong performance in the household-goods division in the previous fiscal year, it explained that the current quarter saw a decline in hygiene products and household goods following the exceptional demand seen in the previous year.
  10. FY2021Household-goods division shifts from weak performance to sales growthAnnual report

    「In “Household Goods,” the daily necessities and household-goods division and the home-appliance division performed well. Sales were ¥10.778 billion, up 9.2% year on year.」

    While the household-goods division was described as weak in the previous fiscal year, the daily necessities and household-goods division and the home-appliance division performed well in the current fiscal year, with sales up 9.2%.
  11. FY2021-Q3Continued strong performance; narrower growthAnnual report

    「In the home-center business, sales of hygiene-related products and stay-at-home-related products performed well following the spread of the novel coronavirus, resulting in substantial increases in both sales and segment profit. Sales were ¥24.020 billion, up 6.5% year on year, and segment profit was ¥1.071 billion, up 264.8%.」

    Strong performance in hygiene-related and stay-at-home-related products and continued increases in home-center sales and profit, although the growth rates for sales and segment profit narrowed compared with the immediately preceding cumulative quarter.
  12. FY2021-Q2AdvancedAnnual report

    「In the home-center business, sales of hygiene-related products and stay-at-home-related products performed well following the spread of the novel coronavirus, resulting in substantial increases in both sales and segment profit. Sales were ¥16.683 billion, up 10.5% year on year, and segment profit was ¥957 million, up 394.5%.」

    Higher demand for hygiene-related and stay-at-home-related products was reflected in the home-center business results, with sales up 10.5% and segment profit up 394.5%.
  13. FY2021-Q1Exceptional demand for household goods and other productsAnnual report

    「In the home-center industry, the spread of the novel coronavirus led to exceptional demand for some products, mainly hygiene products and household goods, owing to “stay-at-home consumption” associated with calls to refrain from going out. At the same time, many stores shortened their opening hours or temporarily closed.」

    Although the company had described weak performance in the household-goods division in the previous fiscal year, it explained that the current quarter saw exceptional demand, mainly for hygiene products and household goods, due to the spread of the novel coronavirus and stay-at-home consumption.
  14. FY2020First statedAnnual report

    「In “Household Goods,” the home-appliance division performed well, while the household-goods division remained weak. Sales were ¥9.868 billion, down 0.2% year on year.」

    For the full year, the company stated for the first time that within Household Goods, the home-appliance division performed well while the household-goods division remained weak.
Moved together

"Performance Trend of Declining Revenue and Rising Earnings" moved the same way as this thread, in the same document, in 2 of its 14 moves.

22222★12345
  1. ★This thread
  2. 1Performance Trend of Declining Revenue and Rising Earnings2×
  3. 2Impact of Adverse Weather Conditions, Including Rain and Typhoons2×
  4. 3Impairment Risk for Fixed Assets2×
  5. 4Recruitment, Specialist Development and Workstyle Reform2×
  6. 5Occurrence and Spread of Serious Infectious Diseases Such as COVID-192×

★ 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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Strong performance in the consumer electronics segment and weak performance in the household goods segment | SEKICHU CO.,LTD. (9976) | Komori