Tmh (280A) · RiskWorsened
Margin Volatility from the Mix of Equipment Sales Projects
First written in FY2024. 1 of 2 entries say "Worsened", first in FY2025. Latest entry: FY2025.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Profit pressure from low-margin orders for industrial machineryA theme 7 companies write about · 7 as a headwind · 0 as a tailwind
Tmh moved to the "Worse" side of this theme in 2026.
1 other company's latest entry also says "Worsened".
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
- FY2025WorsenedAnnual report
「Going forward, we will continue working over the medium to long term to improve our sales capabilities and operations in order to achieve our targets. The gross margin and operating margin for the consolidated fiscal year were 11.2% and 4.1%, respectively.」
The gross margin declined from 14.3% to 11.2% and the operating margin from 5.4% to 4.1%, reflecting margin volatility from the mix of equipment sales projects. - FY2024First statedAnnual report
「In the semiconductor manufacturing equipment sales business, order values are higher and margins tend to be lower than in parts sales for semiconductor manufacturing equipment.」
The current fiscal year’s gross margin was 14.3% and operating margin was 5.4%. Low-margin projects are managed under approval rules.