FY2023-Q3First statedAnnual report
「As a result, orders were secured for overseas electric-heating continuous annealing equipment, heating-furnace modification work for the domestic steel industry, vacuum carburizing equipment for the automotive industry and high-temperature heat-treatment furnaces for carbon materials, bringing orders received to ¥21,645 million, or 106.0% of the prior-year period. In terms of revenue, work progressed on hydrogen-based gas heating equipment and energy-saving heating furnaces for the steel industry, continuous annealing furnaces, electric-heating heat-treatment furnaces for automotive and machinery components, and rough-material heat-treatment furnaces for North America, bringing revenue to ¥16,479 million, or 103.5% of the prior-year period. In terms of earnings, as revenue remained at a low level, the company reported an operating loss of ¥568 million, compared with a loss of ¥268 million in the prior-year period, an ordinary loss of ¥350 million, compared with a loss of ¥49 million, and a quarterly net loss attributable to owners of the parent of ¥120 million, compared with a loss of ¥139 million.」
In the cumulative FY2023 third quarter, orders received and revenue exceeded the prior-year period, while the operating loss and ordinary loss widened from the prior-year period.