Increase in building air-conditioning orders and decreases in industrial air-conditioning and coating systems
First written in FY2017-Q1. 31 of 34 entries say "Reframed", first in FY2017-Q2. Latest entry: 2026-08-07.
Taikisha moved to the "Worse" side of this theme in 2017.
The whole theme swung hardest in 2017: 1 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- 2026-08-07ReframedEarnings
「Orders received for construction projects in the Environmental Systems business amounted to ¥90.605 billion, up 140.4% year on year. Of this total, orders in the building air-conditioning field amounted to ¥20.258 billion, up 136.2%, while orders in the industrial air-conditioning field amounted to ¥70.346 billion, up 141.7%. Completed construction work amounted to ¥41.960 billion, down 3.0% year on year.」
In the Environmental Systems business, orders increased substantially while completed construction work and segment profit decreased. In the Painting Systems business, orders received for construction projects also decreased 76.1% year on year and the segment loss widened, updating the differences among the businesses. - FY2026ReframedAnnual report
「In the Environmental Systems Business, order intake in the building-air-conditioning and industrial-air-conditioning fields increased in Thailand and Singapore, among other markets, exceeding the previous fiscal year. …In the Paint Systems Business, order intake increased in Europe and China, among other markets, exceeding the previous fiscal year.」
In the Environmental Systems Business, orders and completed construction increased in both building and industrial air conditioning, as did profit. In the Paint Systems Business, orders increased 37.6% and completed construction declined 3.6%, but profit increased. - 2026-05-15ReframedEarnings
「Orders received for construction projects in the Environmental Systems business amounted to ¥216.588 billion, up 20.9% year on year. Of this total, orders in the building air-conditioning field amounted to ¥77.129 billion, up 43.4%, while orders in the industrial air-conditioning field amounted to ¥139.458 billion, up 11.2%.」
The Company disclosed increases in orders received in both the building air-conditioning and industrial air-conditioning fields within the Environmental Systems business. - FY2026-H1ReframedAnnual report
「In the Environmental Systems Business, order intake declined in China and the Philippines, among other markets, but increased in Japan, Singapore and Vietnam, among other markets, exceeding the year-earlier period. Completed construction increased in Japan and other markets, exceeding the year-earlier period. …In the Paint Systems Business, order intake declined in India and South Korea, among other markets, but increased and exceeded the year-earlier period, partly because of orders for large projects in Europe. Completed construction increased in India and South Korea, among other markets, but declined in Japan and Malaysia, among other markets, falling below the year-earlier period.」
Both order intake and completed construction increased in the Environmental Systems Business. In the Paint Systems Business, order intake increased while completed construction declined. Differences by business, region and metric continued. - FY2025-H1ReframedAnnual report
「In the Environmental Systems Business, order intake increased in China and the Philippines, among other markets, exceeding the year-earlier period. Completed construction fell below the year-earlier period, mainly because of a reaction to the substantial contribution from large projects in the domestic industrial air-conditioning field in the year-earlier period. …In the Paint Systems Business, order intake declined and fell below the year-earlier period, mainly because of a reaction to the large project won in North America in the year-earlier period. Completed construction increased in North America and Japan, among other markets, exceeding the year-earlier period.」
Order intake in the Environmental Systems Business increased 13.5%, while completed construction declined 32.9%. In the Paint Systems Business, order intake declined 16.6%, while completed construction increased 69.7%. Order intake and completed construction continued to move in different directions in the two businesses. - FY2024-Q3ReframedAnnual report
「Construction orders received fell below the same quarter of the previous year due mainly to a decline in Japan, Taiwan and other markets following the receipt of large projects in the industrial air-conditioning field in the same quarter of the previous year. Construction revenue exceeded the same quarter of the previous year due to increases in Japan, Taiwan and other markets.」
In the Environmental Systems Business, order intake declined 30.6%, mainly in industrial air conditioning, while completed construction increased 39.3%. Orders for building air conditioning declined 22.5% and orders for industrial air conditioning declined 32.4%, while completed construction increased 3.0% and 52.4%, respectively. In the Paint Systems Business, order intake increased 19.0% and completed construction increased 66.3%. - FY2024-Q2ReframedAnnual report
「In the Environmental Systems business, construction orders received fell below the same quarter of the previous year due mainly to a decline in Japan, Taiwan and other markets following the receipt of large projects in the industrial air-conditioning field in the same quarter of the previous year. Construction revenue exceeded the same quarter of the previous year due to increases in Japan, Taiwan and other markets. …In the Coating Systems business, construction orders received exceeded the same quarter of the previous year due to increases in North America, India and other markets. Construction revenue also exceeded the same quarter of the previous year due to increases in North America, China, Malaysia and other markets.」
In the Environmental Systems business, construction orders received decreased 42.0% due to a decline following large projects in the industrial air-conditioning field, while construction revenue increased 53.9% and segment profit increased to ¥7,583 million. In the Coating Systems business, construction orders received increased 51.8% and construction revenue increased 45.1%, and the business swung from a segment loss to profit of ¥61 million. - FY2024-Q1ReframedAnnual report
「In the Environmental Systems business, construction orders received fell below the same quarter of the previous year due to decreases in Japan, Singapore and other markets. Construction revenue exceeded the same quarter of the previous year due to increases in Japan, Vietnam and other markets. …In the Coating Systems business, construction orders received exceeded the same quarter of the previous year due to increases in North America, Japan, India and other markets. Construction revenue also exceeded the same quarter of the previous year due to increases in China, South Korea and other markets.」
In the Environmental Systems business, construction orders received decreased 40.4%, while construction revenue increased 48.7% and segment profit was ¥3,583 million. In the Coating Systems business, construction orders received increased 341.9% and construction revenue increased 17.8%, while the segment loss narrowed to ¥380 million. Differences by business and indicator remained, but construction revenue increased in both businesses. - FY2023ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the previous fiscal year due to increases in Japan's industrial air-conditioning field and in China, Taiwan and other markets. …In the Coating Systems business, construction orders received exceeded the previous fiscal year as increases in China, India, South Korea and other markets outweighed a decrease in Europe. Construction revenue fell below the previous fiscal year due to decreases in Japan, Europe, North America, China and other markets.」
In the Environmental Systems business, construction orders received increased 30.9%, construction revenue increased 27.9% and segment profit improved to ¥14,599 million, mainly in industrial air-conditioning. In contrast, in the Coating Systems business, construction orders received increased 10.1%, while construction revenue decreased 42.6%, resulting in a segment loss of ¥1,606 million. - FY2023-Q3ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year due to increases in Japan's industrial air-conditioning field and in Taiwan and other markets. Construction revenue also exceeded the same quarter of the previous year due to increases in Japan's industrial air-conditioning field and in the Philippines and other markets. …Of this amount, the building air-conditioning field accounted for ¥31,053 million, down 3.8%, and the industrial air-conditioning field for ¥137,018 million, up 89.4%. In the Coating Systems business, construction orders received exceeded the same quarter of the previous year as increases in Japan, China, India and other markets outweighed a decrease in Europe. Construction revenue fell below the same quarter of the previous year as decreases in Japan, Europe, North America, China and other markets outweighed increases elsewhere.」
In the Environmental Systems business, industrial air-conditioning orders increased 89.4%, and segment profit increased to ¥9,182 million. In contrast, construction orders received in the Coating Systems business increased 41.2%, but construction revenue decreased 48.4%, and the segment loss widened to ¥1,253 million. - FY2023-Q2ReframedAnnual report
「As a result, construction orders received totaled ¥126,601 million, up 106.0% year on year. Of this amount, the building air-conditioning field accounted for ¥19,574 million, down 20.3%, and the industrial air-conditioning field for ¥107,027 million, up 190.1%. Construction revenue was ¥67,546 million, up 15.1%. Of this amount, the building air-conditioning field accounted for ¥17,536 million, down 11.8%, and the industrial air-conditioning field for ¥50,010 million, up 28.8%.」
In the Environmental Systems business, industrial air-conditioning increased significantly, while both orders and construction revenue decreased in building air-conditioning. In the Coating Systems business, construction orders received increased 33.9%, but construction revenue decreased 45.9%, and the segment loss widened to ¥1,037 million. Differences by business, field and indicator continued. - FY2023-Q1ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year due to increases in industrial air-conditioning in Japan and in Singapore, the Philippines and other markets. …As a result, construction orders received totaled ¥59,425 million, up 87.2%. Of this amount, the building air-conditioning field accounted for ¥9,750 million, down 26.2%, and the industrial air-conditioning field for ¥49,674 million, up 168.0%. …In the Coating Systems business, construction orders received fell below the same quarter of the previous year despite increases in India, China and other markets, as orders in North America decreased. Construction orders received totaled ¥9,017 million, down 24.0%, while construction revenue was ¥8,459 million, down 46.5%. The segment loss (ordinary loss) was ¥667 million, compared with segment profit (ordinary profit) of ¥307 million in the same quarter of the previous year.」
In the Environmental Systems business, orders, construction revenue and earnings increased, mainly in industrial air-conditioning, while building air-conditioning orders decreased. In the Coating Systems business, orders and construction revenue decreased, and the business swung from segment profit to a loss. - FY2022ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the previous fiscal year overall as an increase in Japan's industrial air-conditioning field outweighed a decline overseas following large projects in Thailand in the previous fiscal year. In the Coating Systems business, construction orders received fell due to a decline following large projects in North America in the previous fiscal year, but increased in Japan and Malaysia and exceeded the previous fiscal year.」
Construction orders received exceeded the previous fiscal year in both businesses, driven by growth in industrial air-conditioning in Environmental Systems and in Japan and Malaysia in Coating Systems. - FY2022-Q3ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year overall. Although orders overseas decreased due to a decline following a large project in Thailand in the same quarter of the previous year, both the building and industrial air-conditioning fields in Japan increased. …In the Coating Systems business, construction orders received fell below the same quarter of the previous year due to a decline following the receipt of a large project in North America in the same quarter of the previous year, despite increases in China and Japan. Construction revenue exceeded the same quarter of the previous year, with increases in Europe, India, Japan and other markets.」
In the Environmental Systems business, construction orders received increased 24.6% due to higher orders in both building and industrial air-conditioning, while construction revenue decreased 1.5%. In the Coating Systems business, orders decreased 23.6% following large projects, while construction revenue increased 24.5%, and differences by business and indicator continued. - FY2022-Q2ReframedAnnual report
「Construction orders received exceeded the same quarter of the previous year for the Environmental Systems business overall. Although industrial air-conditioning orders overseas decreased due to a decline following a large project in Thailand in the same quarter of the previous year, building air-conditioning orders in Japan increased as the company captured construction demand for office buildings in the Tokyo metropolitan area.」
In the Environmental Systems business, building air-conditioning orders increased 51.9%, while industrial air-conditioning orders decreased 14.8%, resulting in a 3.3% increase overall. In the Coating Systems business, orders decreased 24.4%, while construction revenue increased 38.9%. - FY2022-Q1ReframedAnnual report
「As a result, construction orders received totaled ¥31,745 million, down 0.5% year on year. Of this amount, the building air-conditioning field accounted for ¥13,209 million, up 140.7%, and the industrial air-conditioning field for ¥18,536 million, down 29.9%. In the Coating Systems business, construction orders received totaled ¥11,871 million, down 56.1%, while construction revenue was ¥15,819 million, up 49.0%.」
In the Environmental Systems business, building air-conditioning orders increased significantly while industrial air-conditioning orders decreased, resulting in a slight decline in orders overall. In the Coating Systems business, orders decreased significantly while construction revenue increased, and segment profit swung from a loss in the previous year to profit of ¥307 million. - FY2021WorsenedAnnual report
「In the Environmental Systems business, construction orders received fell below the previous fiscal year as orders decreased in Southeast Asia, including Thailand, and in Japan's industrial air-conditioning field due partly to a decline following the receipt of a large project in the previous fiscal year. Construction revenue also fell below the previous fiscal year, as both the building and industrial air-conditioning fields in Japan and Southeast Asia, including Thailand, decreased.」
Construction orders received in the Environmental Systems business decreased 15.6% and construction revenue decreased 14.8%. In the Coating Systems business, construction orders received decreased 2.2%, while segment profit decreased by ¥1,903 million to ¥911 million. - FY2021-Q3WorsenedAnnual report
「In the Coating Systems business, construction orders received exceeded the same quarter of the previous year as increases in Europe and elsewhere outweighed decreases in North America and other markets. Construction revenue fell below the same quarter of the previous year due to a decline in Japan. Construction orders received totaled ¥53,476 million, up 2.4%, while construction revenue was ¥43,380 million, down 3.5%. The segment loss (ordinary loss) was ¥1,473 million, compared with segment profit (ordinary profit) of ¥1,391 million in the same quarter of the previous year.」
The growth rate of orders in the Coating Systems business narrowed from 32.6% in the previous quarter to 2.4%, while construction revenue decreased. The business swung from segment profit to a loss of ¥1,473 million, with the impact of declines by business and region becoming more pronounced. - FY2021-Q2ReframedAnnual report
「In the Environmental Systems business, construction orders received fell below the same quarter of the previous year overall despite increases in Thailand and other overseas markets, as both the building and industrial air-conditioning fields in Japan were affected by a decline following the receipt of large projects in the same quarter of the previous year. Construction revenue fell below the same quarter of the previous year in both the building and industrial air-conditioning fields in Japan and in Thailand and other overseas markets. In the Coating Systems business, construction orders received fell below the same quarter of the previous year despite increases in Europe and elsewhere, as orders in North America and other markets decreased. Construction revenue also fell below the same quarter of the previous year in Japan and overseas, including India.」
Orders and construction revenue decreased in both the building and industrial air-conditioning fields of the Environmental Systems business, and both decreased in the Coating Systems business. Although differences by region and business remained, decreases were evident in both businesses. - FY2021-Q1ReframedAnnual report
「In the Environmental Systems business, construction orders received fell below the previous year overall despite an increase in Thailand and other overseas markets, as both the building and industrial air-conditioning fields in Japan were affected by a decline following the receipt of large projects in the previous year. In the Coating Systems business, orders exceeded the previous year due to large projects in Europe and other factors, despite decreases in North America and elsewhere. Construction revenue fell below the previous year in Japan and overseas, including India.」
Construction orders received in the Environmental Systems business decreased 26.9%, with building air-conditioning down 65.5% and industrial air-conditioning down 4.8%. In the Coating Systems business, construction orders received increased 41.6% due to large projects in Europe, while construction revenue decreased 18.6%, resulting in a segment loss of ¥871 million. - FY2020ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the previous fiscal year overall, as an increase in the building air-conditioning field and growth in the Philippines, Thailand and other overseas markets outweighed a decline in Japan's industrial air-conditioning field following the receipt of a large project in the previous fiscal year. In the Coating Systems business, construction orders received totaled ¥66,387 million, down 20.3% year on year, as increases in North America and elsewhere were outweighed by a decline following the receipt of a large project in Europe in the previous fiscal year.」
In the Environmental Systems business, construction orders received and construction revenue increased, mainly in building air-conditioning, while both decreased in the Coating Systems business due mainly to a decline following large projects in Europe. - FY2020-Q3ReframedAnnual report
「In the Environmental Systems business, construction orders received fell below the same quarter of the previous year as both the building and industrial air-conditioning fields in Japan experienced a decline following the receipt of large projects in the same quarter of the previous year. Construction revenue exceeded the same quarter of the previous year, as a significant increase in the building air-conditioning field and an increase in the industrial air-conditioning field in Japan outweighed declines in Thailand and other overseas markets. In the Coating Systems business, construction orders received fell below the same quarter of the previous year despite increases in North America and elsewhere, due mainly to a decline following the receipt of a large project in Europe in the same quarter of the previous year. Construction revenue also fell below the same quarter of the previous year, as increases in Japan and Europe were outweighed by decreases in North America, Russia and elsewhere.」
Construction orders received in the Environmental Systems business decreased 10.2%, while construction revenue increased 8.2%. In the Coating Systems business, construction orders received decreased 11.5% and construction revenue decreased 9.1%, with differences by business and region continuing. - FY2020-Q2ReframedAnnual report
「In the Environmental Systems business, construction orders received fell below the same quarter of the previous year as strong demand in Japan's industrial air-conditioning field was outweighed by a decline following the receipt of a large project in the same quarter of the previous year. Construction revenue exceeded the same quarter of the previous year, as a significant increase in the building air-conditioning field and an increase in the industrial air-conditioning field in Japan outweighed declines in Thailand and other overseas markets. Construction orders received totaled ¥78,601 million, down 11.2%. Of this amount, the building air-conditioning field accounted for ¥23,577 million, down 6.7%, and the industrial air-conditioning field for ¥55,023 million, down 13.0%. Construction revenue was ¥76,142 million, up 10.1%. Of this amount, the building air-conditioning field accounted for ¥25,112 million, up 31.8%, and the industrial air-conditioning field for ¥51,030 million, up 1.9%. In the Coating Systems business, construction orders received exceeded the same quarter of the previous year as an increase in North America outweighed decreases in China, India and other markets. Construction revenue fell below the same quarter of the previous year as increases in India, China and other markets were outweighed by decreases in North America, Russia and elsewhere. Construction orders received totaled ¥39,847 million, up 32.6%, due to large projects in North America. Construction revenue was ¥28,830 million, down 3.1%.」
Construction orders received in the Environmental Systems business decreased 11.2%, while construction revenue increased 10.1%. In the Coating Systems business, construction orders received increased 32.6% due to large projects in North America, but construction revenue decreased 3.1%. Differences by business and region continued. - FY2020-Q1ReframedAnnual report
「In the Environmental Systems business, construction orders received fell below the same quarter of the previous year despite strong demand from electronic component manufacturers in Japan's industrial air-conditioning field, as orders in China, Thailand and other markets decreased. Construction revenue increased overall in Japan as growth in the building air-conditioning field outweighed a decline in the industrial air-conditioning field. Overseas revenue decreased in Thailand and other markets, resulting in a decline for the Environmental Systems business overall.」
In the Environmental Systems business, industrial air-conditioning orders increased 2.2%, while building air-conditioning orders decreased 3.9%, resulting in a 0.1% decline in construction orders received overall. In the Coating Systems business, construction orders received increased 22.8%, but construction revenue decreased 15.3%, resulting in a segment loss of ¥290 million. - FY2019-Q3ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year despite a decline in Thailand and other markets, as demand was captured through strong construction demand in the Tokyo metropolitan area in the building air-conditioning field and active capital investment by electronic component manufacturers in the industrial air-conditioning field in Japan. Construction revenue also exceeded the same quarter of the previous year, with increases in the industrial air-conditioning field in Japan and in Thailand despite declines in the building air-conditioning field in Japan and elsewhere. Construction orders received totaled ¥127,501 million, up 12.8%. Of this amount, the building air-conditioning field accounted for ¥39,717 million, up 18.2%, and the industrial air-conditioning field for ¥87,783 million, up 10.5%. In the Coating Systems business, construction orders received exceeded the same quarter of the previous year due to the receipt of a large project in France, despite decreases in North America and elsewhere.」
In the Environmental Systems business, orders increased in both building and industrial air-conditioning, while orders in the Coating Systems business increased due to a large project in France. Differences by business and region continued. - FY2019-Q2ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year as increases in the industrial air-conditioning field in Japan and in Vietnam outweighed decreases in Indonesia, Malaysia and other markets. In the Coating Systems business, construction orders received fell below the same quarter of the previous year, despite increases in India, China and other markets, as orders in North America and elsewhere decreased.」
Construction orders received in the Environmental Systems business increased 17.6% due to growth in industrial air-conditioning in Japan and in Vietnam and other markets, while those in the Coating Systems business decreased 16.8% due to declines in North America and elsewhere. Differences by business and region continued. - FY2019-Q1ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year as increases in the industrial and building air-conditioning fields in Japan and in Thailand outweighed decreases in the Philippines, Indonesia and other markets. In the Coating Systems business, construction orders received fell below the same quarter of the previous year despite increases in North America and other markets, due mainly to a decline following the receipt of a large project in Vietnam in the same quarter of the previous year.」
Construction orders received in the Environmental Systems business increased 11.5% year on year, with increases in both industrial and building air-conditioning. In contrast, construction orders received in the Coating Systems business decreased 21.1% due mainly to a decline following a large project in Vietnam in the previous year, and differences by business continued. - FY2018-Q3ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year as increases in the industrial air-conditioning field in Japan and in Thailand, China and other markets outweighed a decrease in the building air-conditioning field in Japan. Construction revenue also exceeded the same quarter of the previous year, with increases in both building and industrial air-conditioning in Japan. Construction orders received totaled ¥113,041 million, up 14.5%. Of this amount, the building air-conditioning field accounted for ¥33,598 million, down 10.2%, and the industrial air-conditioning field for ¥79,443 million, up 29.7%. In the Coating Systems business, construction orders received fell below the same quarter of the previous year despite increases in Southeast Asia, China and other markets, due mainly to a decline following large capital investment by an automobile manufacturer in North America in the same quarter of the previous year. Construction orders received totaled ¥49,971 million, down 27.5%, while construction revenue was ¥68,746 million, up 46.0%.」
In the Environmental Systems business, building air-conditioning orders decreased 10.2%, while industrial air-conditioning orders increased 29.7%, resulting in a 14.5% increase in construction orders received overall. In the Coating Systems business, orders decreased 27.5% due mainly to a decline following large investment in North America, while construction revenue increased 46.0%. - FY2018-Q2ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year as increases in the industrial air-conditioning field in Japan and in Southeast Asia, China and other markets outweighed a decline in the building air-conditioning field in Japan. In the Coating Systems business, construction orders received fell below the same quarter of the previous year despite increases in Southeast Asia, India and other markets, due mainly to a decline following large capital investment by an automobile manufacturer in North America in the same quarter of the previous year.」
Construction orders received in the Environmental Systems business increased 11.7% due to growth in industrial air-conditioning and in Southeast Asia and China, while those in the Coating Systems business decreased 38.4% due mainly to a decline following large investment in North America. Construction revenue in Coating Systems increased 43.7%, but losses widened due to deteriorating profitability on U.S. projects. - FY2018-Q1ReframedAnnual report
「In the Environmental Systems business, construction orders received exceeded the same quarter of the previous year due to increases in the building air-conditioning field in Japan and in Vietnam, the Philippines and other markets. In the Coating Systems business, construction orders received also exceeded the same quarter of the previous year due to increases in Vietnam, China and other markets.」
In the Environmental Systems business, orders increased in both the building and industrial air-conditioning fields, and construction orders received increased 22.7% year on year. In the Coating Systems business, construction orders received increased 50.1% and construction revenue increased 25.0%, but losses widened due to deteriorating profitability on U.S. projects. - FY2017ReframedAnnual report
「In the Environmental Systems business, construction orders received fell below the previous fiscal year despite an increase in the building air-conditioning field in Japan, as orders in Thailand, Indonesia and other markets declined. Total construction orders received were ¥130,430 million, down 1.7%. Of this amount, the building air-conditioning field accounted for ¥48,739 million, up 11.5%, and the industrial air-conditioning field for ¥81,690 million, down 8.2%. In the Coating Systems business, construction orders received increased in North America, Russia and other markets, but decreased in China following the receipt of a large project in the previous fiscal year, resulting in a decline from the previous fiscal year.」
In Environmental Systems, building air-conditioning orders increased while industrial air-conditioning and overseas orders decreased. In Coating Systems, increases in North America and Russia coexisted with a decline in China following the previous year's large project, and differences by business and region continued. - FY2017-Q3ReframedAnnual report
「In the Environmental Systems business, construction orders received increased in the building air-conditioning field in Japan but decreased in the industrial air-conditioning field. Orders in the industrial air-conditioning field overseas, including Thailand, also declined, resulting in a total of ¥98,685 million, down 10.1% year on year. Of this amount, the building air-conditioning field accounted for ¥37,433 million, up 7.6%, while the industrial air-conditioning field accounted for ¥61,252 million, down 18.3%. In the Coating Systems business, construction orders received declined following the receipt of a large project in China in the same quarter of the previous year, but increased due to large capital investment by automobile manufacturers in North America and expanding demand in Japan. As a result, construction orders received totaled ¥68,932 million, up 33.4%, while construction revenue was ¥47,076 million, down 6.5%. The segment loss (ordinary loss) was ¥131 million, compared with segment profit (ordinary profit) of ¥1,853 million in the same quarter of the previous year.」
In the Environmental Systems business, building air-conditioning orders increased while industrial air-conditioning orders decreased significantly. In the Coating Systems business, orders increased due to large capital investment in North America and other factors, but construction revenue decreased, resulting in a segment loss. - FY2017-Q2ReframedAnnual report
「Construction orders received fell below the same quarter of the previous year as an increase in the building air-conditioning field in Japan was outweighed by a decrease in the industrial air-conditioning field overseas, including Thailand. Construction revenue fell below the same quarter of the previous year despite an increase in the volume of work in Japan's industrial air-conditioning field, as revenue in Thailand and other markets declined. Construction orders received decreased following the receipt of a large project in China in the same quarter of the previous year, but increased due to large capital investment by automobile manufacturers in North America and expanding demand in Japan. Construction revenue decreased as the volume of work in Brazil, Thailand and other markets fell below the same quarter of the previous year, despite an increase in North America.」
In the Environmental Systems business, building air-conditioning orders increased 16.9% year on year, while industrial air-conditioning orders decreased 17.9%, resulting in a 7.1% decrease in construction orders received for the business overall. In the Coating Systems business, construction orders received increased 35.4% due to large capital investment in North America and other factors, but construction revenue decreased 11.8%, resulting in a segment loss of ¥357 million. Trends continued to diverge by business and region rather than moving uniformly. - FY2017-Q1First statedAnnual report
「Construction orders received in the Environmental Systems business decreased despite growth in the building air-conditioning field, as orders in Thailand and other markets fell below the same quarter of the previous year.」
Building air-conditioning orders received increased 33.9% year on year, while industrial air-conditioning orders decreased 26.1%. Construction orders received in the Coating Systems business decreased 52.9%, resulting in a segment loss.