TECHNOLOGIES,Inc.
5248・Growth Market・Information & Communication
Renewable Energy Solutions
The largest segment in the Group, responsible for the installation, sales, and maintenance of solar power generation equipment
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (cumulative first quarter) | ¥1,383 million | ¥2,203 million (same period of previous fiscal year) | ↓ |
| Segment profit/loss (cumulative first quarter) | △¥18 million (loss) | ¥608 million (profit) (same period of previous fiscal year) | ↓ |
| YoY change in sales (same quarter of previous fiscal year) | △37.19% | － | ↓ |
| Share of Group sales | Approx. 88.9% | Approx. 88.8% (same period of previous fiscal year) | — |
Business Details
Provides one-stop installation, sales, and maintenance services for industrial and residential solar power generation equipment. In a market expected to grow amid social demand for achieving the SDGs and realizing carbon neutrality, the segment's strength lies in its one-stop system built on many years of track record. In the first quarter of FY2027 (ending January 2027) (February to April 2026), it accounted for ¥1,383 million of the Group's total sales of ¥1,555 million, continuing to maintain its position as the Group's largest segment.
Recent Overview
Both sales and profit deteriorated significantly compared to the same period of the previous fiscal year, with the segment falling into a loss
In the first quarter of FY2027 (ending January 2027) (February to April 2026), sales in the Renewable Energy Solutions segment were ¥1,383 million (down 37.19% year on year), and segment profit/loss deteriorated significantly to a loss of ¥18 million (compared to a profit of ¥608 million in the same period of the previous fiscal year). Against a backdrop of anticipated tightening of regulations related to solar power generation equipment, the company has not disclosed a full-year earnings forecast. The majority of sales consisted of goods transferred at a point in time (¥1,116 million), while goods transferred over a period of time accounted for only ¥258 million.
Key Products
Growth Drivers
- Expanding demand for solar power generation driven by social demand for achieving carbon neutrality and the SDGs
- Maintaining competitive advantage through a one-stop system built on many years of track record
- Efforts to improve profit margins on Non-FIT projects by leveraging the company's IT technology
- Expansion of the domestic PPA solar power business market (Yano Research Institute forecast: growing from a scale of ¥350 million in FY2025 to ¥700 million in FY2030)
- Expansion of existing business areas and sales through M&A
Risks
- Uncertainty in the business environment due to anticipated tightening of regulations related to solar power generation equipment, etc. (main reason for non-disclosure of full-year earnings forecast)
- Uncertainty in the timing of sales recognition due to shifts in delivery completion timing
- Risk of electricity sale prices linked to market prices due to the end of the FIT system and transition to Non-FIT
- Risk of sales concentration among specific customers
- Risk of rising construction costs due to surging resource prices and geopolitical risks
- Difficulty in reasonably forecasting profit/loss due to changes in market and customer trends
Last updated: April 22, 2026