FY2019-Q2First statedAnnual report
「(Energy segment) Orders increased to ¥19,765 million, or 137.5% of the year-earlier period, supported by contracts for energy-saving heating furnaces for the domestic steel industry, a continuous annealing line for copper strip, a continuous rubber-coating line for metal strip, and continuous annealing equipment for wire rod coils. In terms of sales, in addition to delivering heating-furnace modification work for the domestic steel industry, construction progressed on a continuous annealing line for copper strip, a copper billet heating furnace, and mass-production vacuum carburizing equipment for automotive parts, bringing sales to ¥10,762 million, or 126.8% of the year-earlier period. As a result, the operating loss was ¥5 million, compared with an operating loss of ¥427 million in the year-earlier period. (Information and Communications segment) Orders increased substantially to ¥1,743 million, or 504.8% of the year-earlier period, supported by contracts for precision coating equipment related to flexible displays for China and ovens related to flexible displays for the domestic market.」
The Energy segment reported increases in orders and sales and a narrower operating loss. Orders in the Information and Communications segment reached 504.8% of the year-earlier period, while its operating loss was ¥215 million. The Environmental Protection segment reported sales of ¥1,627 million and operating profit of ¥41 million, while the Other segment reported sales of ¥1,742 million and operating profit of ¥43 million.