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Nippon Coke & Engineering (3315) · InitiativeAdvancedLatest Revisions to earnings forecasts (2026-11-06): "Cited as achieved"

Strengthening the competitiveness of the coke business and safe, stable operations

First written in FY2016. 22 of 42 entries say "Advanced", first in FY2018. Latest entry: 2026-11-06.

42entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q3AdvancedFY2021-Q2 – FY20222016: 320162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 62026
Same theme, other companies
Profitability Improvement through Rationalization, Cost Reduction and Productivity ImprovementA theme 88 companies write about · 0 as a headwind · 91 as a tailwind

2 other companies' latest entry also says "Cited as achieved".

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.
Showing 14 of the 88 companies compared. The sentences above are computed from all 88.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「As a result, consolidated revenue from the coke business was ¥56.134 billion, down ¥2.580 billion from the previous fiscal year, while consolidated operating loss was ¥2.328 billion, compared with an operating loss of ¥12.357 billion in the previous fiscal year.」

    The coke business's operating loss narrowed substantially from the previous fiscal year due to the transition to a two-furnace-battery operating structure, fixed-cost reductions including lower repair expenses, and a lower fixed-cost burden per tonne resulting from increased production.
  2. FY2026-H1AdvancedAnnual report

    「As a result, production progressed broadly as planned, enabling the company to procure raw materials and produce by-products as planned. The benefits of lower manufacturing costs from the normalisation of the production cycle have also begun to emerge steadily. As a result, the coke business returned to operating profit in the second quarter.」

    Operations centred on the new 2A and 1A furnaces allowed production to progress broadly as planned, and the benefits of lower manufacturing costs emerged. The coke business returned to operating profitability on a standalone second-quarter basis, although an operating loss of ¥1.396 billion remained for the six-month period.
  3. FY2025WorsenedAnnual report

    「The 2A coke oven was completed and began operations as scheduled in September 2024, but measures taken to address the two aging furnace batteries failed to produce significant results. The impact of the fire that occurred in December 2024 was also substantial, and coke production fell sharply to 917,000 tonnes, a decline of 518,000 tonnes from the original plan.」

    Although the 2A coke oven was completed and began operations, measures to address the two aging furnace batteries were unsuccessful, and the fire also contributed to a 518,000-tonne shortfall in production against the original plan.
  4. FY2025-H1WorsenedAnnual report

    「Problems with existing facilities reduced production volumes and worsened manufacturing costs. However, the 2A furnace pad-up replacement project was completed and operations commenced, so production volumes are expected to recover going forward.」

    Although completion and the start of operations of the 2A furnace pad-up replacement project were reported, production volumes and manufacturing costs deteriorated due to problems with existing facilities, resulting in an operating loss in the coke business.
  5. FY2024AdvancedAnnual report

    「In the coke business, the group's sales volume declined by 314,000 tonnes year on year to 1.169 million tonnes due to the 2A coke oven replacement project and lower production resulting from equipment problems, and revenue also declined. Profit increased, reflecting factors including the review of the customer portfolio.」

    Although sales volumes declined, operating results in the coke business improved from a loss of ¥3.880 billion in the previous fiscal year to profit of ¥101 million, due partly to the review of the customer portfolio.
  6. FY2024-Q3AdvancedAnnual report

    「On the profit side, consolidated operating profit was ¥2.469 billion, compared with an operating loss of ¥3.256 billion in the same period of the previous year, while consolidated ordinary profit was ¥2.038 billion, compared with an ordinary loss of ¥4.267 billion. This reflected factors including the review of the customer portfolio and the absence of inventory write-downs at the end of the period.」

    Consolidated operating and ordinary results swung from losses in the same period of the previous year to profits due to the review of the customer portfolio and the absence of inventory write-downs.
  7. FY2024-Q2AdvancedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥49.241 billion, down ¥15.530 billion year on year, while operating profit was ¥796 million, compared with an operating loss of ¥3.635 billion in the same period of the previous year.」

    Although the coke business posted lower revenue, operating results improved from a loss of ¥3.635 billion in the same period of the previous year to profit of ¥796 million.
  8. FY2024-Q1AdvancedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥25.360 billion, down ¥5.405 billion year on year, while operating profit was ¥39 million, compared with an operating loss of ¥1.180 billion in the same period of the previous year.」

    Although the coke business posted lower revenue, operating results improved from a loss of ¥1.180 billion in the same period of the previous year to profit of ¥39 million.
  9. FY2023WorsenedAnnual report

    「Under these conditions, while steadily carrying out the 2A coke oven replacement project launched in February 2023 and giving top priority to safe, stable operations,」

    While continuing safe, stable operations and the replacement project, the coke business swung from operating profit of ¥10.308 billion to an operating loss of ¥3.880 billion.
  10. FY2023-Q3WorsenedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥88.139 billion, up ¥32.135 billion year on year, while operating loss was ¥5.731 billion, compared with operating profit of ¥8.963 billion in the same period of the previous year.」

    Although the coke business posted higher revenue, operating results deteriorated from operating profit of ¥8.963 billion in the same period of the previous year to an operating loss of ¥5.731 billion.
  11. FY2023-Q2WorsenedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥64.771 billion, up ¥33.344 billion year on year, while operating loss was ¥3.635 billion, compared with operating profit of ¥5.268 billion in the same period of the previous year.」

    Although higher coke product and coking coal market prices increased revenue, the business swung from operating profit to an operating loss of ¥3.635 billion due to inventory write-downs following the sharp fall in market prices after their surge.
  12. FY2023-Q1WorsenedAnnual report

    「Under these conditions, the group's consolidated revenue for the three-month period ended the first quarter increased by ¥20.023 billion year on year to ¥42.230 billion, reflecting higher coking coal market prices and foreign exchange movements in its core coke business. On the profit side, the sharp rise in coking coal market prices caused margins to decline, followed by an inventory write-down at the end of the period after a sharp subsequent fall in market prices. As a result, consolidated operating loss was ¥672 million, compared with operating profit of ¥2.761 billion in the same period of the previous year, while consolidated ordinary loss was ¥1.725 billion, compared with ordinary profit of ¥2.652 billion.」

    The business driven by coke swung from operating and ordinary profit in the same period of the previous year to losses due to the sharp rise and fall in coking coal market prices and inventory write-downs.
  13. FY2022AdvancedAnnual report

    「In the coke business, the group's sales volume declined by 121,000 tonnes year on year to 1.754 million tonnes, but revenue increased due to higher coking coal and coke product market prices and other factors. Profit also increased, reflecting the effects of the aforementioned market price increases and other factors.」

    Although sales volumes declined, higher market prices lifted revenue in the coke business to ¥84.249 billion and operating profit to ¥10.308 billion, resulting in higher revenue and profit year on year.
  14. FY2022-Q3AdvancedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥56.003 billion, up ¥15.437 billion year on year, and operating profit was ¥8.963 billion, up ¥6.675 billion year on year.」

    Against a backdrop of higher coking coal and coke product market prices, revenue and operating profit in the coke business increased year on year, with operating profit reaching ¥8.963 billion.
  15. FY2022-Q2AdvancedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥31.426 billion, up ¥5.399 billion year on year, and operating profit was ¥5.268 billion, up ¥4.483 billion year on year.」

    Against a backdrop of higher coking coal and coke product market prices and wider margins, revenue in the coke business was ¥31.426 billion and operating profit was ¥5.268 billion, both higher year on year.
  16. FY2022-Q1AdvancedAnnual report

    「In the group's core coke business, consolidated revenue for the three-month period ended the first quarter increased by ¥2.003 billion year on year to ¥22.207 billion, reflecting higher coke product market prices and other factors. On the profit side, consolidated operating profit increased by ¥3.164 billion to ¥2.761 billion, and consolidated ordinary profit increased by ¥3.235 billion to ¥2.652 billion, mainly due to wider margins.」

    Consolidated results, driven by the coke business, improved substantially year on year due to higher coke product market prices and wider margins. Operating profit in the coke business also increased by ¥3.060 billion year on year to ¥2.394 billion.
  17. FY2021AdvancedAnnual report

    「On the profit side, consolidated operating profit increased by ¥5.391 billion year on year to ¥6.999 billion, reflecting wider margins and lower costs.」

    While continuing safe, stable operations, the use of low-grade coal, utilisation of facilities and fixed-cost reductions, the coke business improved from an operating loss to operating profit of ¥5.411 billion.
  18. FY2021-Q3AdvancedAnnual report

    「On the profit side, consolidated operating profit increased by ¥2.447 billion year on year to ¥3.437 billion, and consolidated ordinary profit increased by ¥2.443 billion to ¥2.941 billion, reflecting wider margins and lower costs. In the coke business, for the reasons described above and others, revenue was ¥40.565 billion, down ¥12.705 billion year on year, while operating profit increased by ¥3.156 billion to ¥2.287 billion.」

    Although revenue declined due to lower coke selling prices, operating profit in the coke business increased by ¥3.156 billion year on year to ¥2.287 billion, reflecting wider margins and lower costs.
  19. FY2021-Q2AdvancedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥26.026 billion, down ¥10.500 billion year on year, while operating profit was ¥785 million, up ¥1.984 billion year on year.」

    Revenue declined due to lower coke selling prices, while operating profit increased by ¥1.984 billion year on year to ¥785 million.
  20. FY2021-Q1WorsenedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥12.778 billion, down ¥6.335 billion year on year, while operating loss was ¥666 million, compared with operating profit of ¥433 million in the same period of the previous year.」

    Against a backdrop of lower coke product market prices and other factors, the coke business swung from operating profit in the same period of the previous year to an operating loss of ¥666 million, and revenue also declined.
  21. FY2020WorsenedAnnual report

    「While giving top priority to safe, stable operations, the company will pursue thorough cost reductions, including investment and maintenance to address aging equipment; securing customers and maintaining high operating rates at its coke plants by shifting sales from domestic customers to exports; expanding the use of inexpensive, low-grade coal; and reducing fixed costs, including through the efficient allocation of repair expenses.」

    While continuing measures including safe, stable operations, exports, the use of low-grade coal and fixed-cost reductions, the coke business swung from operating profit of ¥4.618 billion to an operating loss of ¥811 million.
  22. FY2020-Q3WorsenedAnnual report

    「For its core coke business, the company will give top priority to safe, stable operations and pursue measures including: ① securing sales volumes by covering reduced sales to domestic customers with exports in order to maintain high operating rates at its coke plants; ② maximising the benefits of initiatives in which it has invested to date, including desulfurisation and briquette facilities; and ③ thoroughly reducing costs by expanding the use of inexpensive, low-grade coal, curbing capital investment and cutting expenses. In the coke business, for the reasons described above and others, revenue was ¥53.271 billion, down ¥8.026 billion year on year, while operating loss was ¥869 million, compared with operating profit of ¥3.233 billion in the same period of the previous year.」

    Although the company has continued measures including safe, stable operations, securing sales volumes through exports, using low-grade coal and reducing costs, the coke business swung from operating profit in the same period of the previous year to an operating loss of ¥869 million, and revenue also declined.
  23. FY2020-Q2WorsenedAnnual report

    「The group's results were affected by its core coke business, where consolidated revenue for the six-month period ended the second quarter declined by ¥2.460 billion year on year to ¥56.130 billion, mainly due to a decrease in coke sales volumes. On the profit side, consolidated operating loss was ¥23 million, compared with operating profit of ¥2.781 billion in the same period of the previous year, while consolidated ordinary loss was ¥269 million, compared with ordinary profit of ¥2.361 billion in the same period of the previous year. These results reflected the deterioration in coke product market conditions and inventory write-downs on products and raw materials following the sharp fall in coking coal prices.」

    Although the company has continued measures including safe, stable operations, securing sales volumes through exports, using low-grade coal and reducing costs, consolidated results including the coke business deteriorated substantially due to lower coke sales volumes, weaker market conditions and inventory write-downs following the sharp fall in coking coal prices.
  24. FY2020-Q1Lower revenue and lower profit (some sales shifted into the second quarter)Annual report

    「In the coke business, for the reasons described above and others, revenue was ¥19.114 billion, down ¥1.432 billion year on year, and operating profit was ¥433 million, down ¥630 million year on year.」

    Although the company has continued its policies on safe, stable operations, securing sales volumes through exports, utilising existing facilities, using low-grade coal and reducing costs, the coke business posted lower revenue and profit due partly to a decline in sales volumes resulting from some sales shifting into the second quarter.
  25. FY2019AdvancedAnnual report

    「As a result, consolidated revenue from the coke business was ¥80.274 billion, an increase of ¥7.192 billion year on year, while consolidated operating profit was ¥4.618 billion, an increase of ¥3.249 billion year on year.」

    While continuing measures including safe, stable operations, the use of low-grade coal and cost reductions, the coke business posted higher revenue and profit, with operating profit increasing to ¥4.618 billion.
  26. FY2019-Q3AdvancedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥61.297 billion, up ¥8.311 billion year on year, and operating profit was ¥3.233 billion, up ¥2.600 billion year on year.」

    While continuing existing measures such as safe, stable operations and cost reductions, revenue and operating profit in the coke business increased year on year.
  27. FY2019-Q2AdvancedAnnual report

    「For its core coke business, the company will give top priority to safe, stable operations and pursue measures including: ① securing sales volumes by covering reduced sales to domestic customers with exports in order to maintain high operating rates at its coke plants; ② maximising the benefits of initiatives in which it has invested to date, including desulfurisation and briquette facilities; and ③ thoroughly reducing costs by expanding the use of inexpensive, low-grade coal, curbing capital investment and cutting expenses. In the coke business, for the reasons described above and others, revenue was ¥39.463 billion, up ¥2.738 billion year on year, and operating profit was ¥1.830 billion, up ¥1.362 billion year on year.」

    While continuing safe, stable operations, securing sales volumes through exports, utilising existing facilities, using low-grade coal and reducing costs, revenue in the coke business was ¥39.463 billion and operating profit was ¥1.830 billion, both higher year on year.
  28. FY2019-Q1AdvancedAnnual report

    「In the coke business, for the reasons described above and others, revenue was ¥20.547 billion, up ¥1.962 billion year on year, and operating profit was ¥1.064 billion, up ¥1.146 billion year on year.」

    Revenue and operating profit in the coke business increased year on year, with operating profit reaching ¥1.064 billion.
  29. FY2018AdvancedAnnual report

    「As a result, consolidated revenue from the coke business was ¥73.081 billion, an increase of ¥19.886 billion year on year, while consolidated operating profit was ¥1.369 billion, an increase of ¥653 million year on year.」

    Operating profit in the coke business increased by ¥653 million year on year as the company continued to pursue safe, stable operations and cost reductions.
  30. FY2018-Q3RestatedAnnual report

    「For its core coke business, the company will give top priority to safe, stable operations and pursue measures including: ① securing sales volumes by covering reduced sales to domestic customers with exports in order to maintain high operating rates at its coke plants; ② maximising the benefits of initiatives in which it has invested to date, including desulfurisation and briquette facilities; and ③ thoroughly reducing costs by expanding the use of inexpensive, low-grade coal, curbing capital investment and cutting expenses.」

    The company has reconfirmed its policy of continuing to secure sales volumes, maximise the benefits of existing facilities, use low-grade coal and reduce capital investment and expenses, with safe, stable operations as the central focus.
  31. FY2018-Q2RestatedAnnual report

    「For its core coke business, the company will give top priority to safe, stable operations and pursue measures including: ① securing sales volumes by covering reduced sales to domestic customers with exports in order to maintain high operating rates at its coke plants; ② maximising the benefits of initiatives in which it has invested to date, including desulfurisation and briquette facilities; and ③ thoroughly reducing costs by expanding the use of inexpensive, low-grade coal, curbing capital investment and cutting expenses.」

    The company has reconfirmed its policy of securing sales volumes, maximising the benefits of existing facilities, using low-grade coal and reducing capital investment and expenses, with safe, stable operations as the central focus.
  32. FY2018-Q1RestatedAnnual report

    「For its core coke business, the company will give top priority to safe, stable operations and pursue measures including: ① securing sales volumes by covering reduced sales to domestic customers with exports in order to maintain high operating rates at its coke plants; ② maximising the benefits of initiatives in which it has invested to date, including desulfurisation and briquette facilities; and ③ thoroughly reducing costs by expanding the use of inexpensive, low-grade coal, curbing capital investment and cutting expenses.」

    The company has reconfirmed its policy of securing sales volumes through exports, maximising the benefits of existing facilities, using low-grade coal and reducing costs, with safe, stable operations as the central focus.
  33. FY2017RestatedAnnual report

    「To this end, in the coke business the company will thoroughly implement measures to strengthen competitiveness, including cost reductions and optimisation of its production system. In its non-coke businesses, it intends to accelerate growth, focusing on the fuel sales business, which is conducting active sales activities to expand its operations, and the chemical equipment business, which turned profitable in the current fiscal year and is beginning to show the results of efforts to improve its profit structure.」

    The company has reconfirmed its policy of thoroughly pursuing cost reductions and optimisation of the production system to strengthen the competitiveness of the coke business.
  34. FY2017-Q3RestatedAnnual report

    「For its core coke business, the company will give top priority to safe, stable operations and pursue measures including: ① securing sales volumes by covering reduced sales to domestic customers with exports in order to maintain high operating rates at its coke plants; ② maximising the benefits of initiatives in which it has invested to date, including desulfurisation and briquette facilities; and ③ thoroughly reducing costs by expanding the use of inexpensive, low-grade coal, curbing capital investment and cutting expenses.」

    The company has reiterated its policy of securing sales volumes, maximising the benefits of existing facilities, using low-grade coal and reducing capital investment and expenses, starting with safe, stable operations.
  35. FY2017-Q2RestatedAnnual report

    「For its core coke business, the company will give top priority to safe, stable operations and pursue measures including: ① securing sales volumes by covering reduced sales to domestic customers with exports in order to maintain high operating rates at its coke plants; ② maximising the benefits of initiatives in which it has invested to date, including desulfurisation and briquette facilities; and ③ thoroughly reducing costs by expanding the use of inexpensive, low-grade coal, curbing capital investment and cutting expenses.」

    The company has reiterated its policy of securing sales volumes through exports, maximising the benefits of existing facilities, using low-grade coal and reducing capital investment and expenses, with safe, stable operations as the central focus.
  36. FY2017-Q1RestatedAnnual report

    「For its core coke business, the company will give top priority to safe, stable operations and pursue measures including: ① securing sales volumes by covering reduced sales to domestic customers with exports in order to maintain high operating rates at its coke plants; ② maximising the benefits of initiatives in which it has invested to date, including desulfurisation and briquette facilities; and ③ thoroughly reducing costs by expanding the use of inexpensive, low-grade coal, curbing capital investment and cutting expenses.」

    The company has reiterated its policy of pursuing sales-volume security, maximising the benefits of existing facilities, using low-grade coal and reducing costs, with safe, stable operations as the central focus.
  37. FY2016First statedAnnual report

    「While placing further strengthening of the coke business's competitiveness at the center of its management agenda, the company will work to strengthen the earnings power of its non-coke businesses in order to transition to a more diversified profit structure.」

    For the Kitakyushu facility, the company has identified safe, stable operations, productivity and quality improvement as its primary objectives.
Moved together

"Reduction of interest-bearing debt and reliance on borrowings" moved the same way as this thread, in the same document, in 21 of its 42 moves.

211811111110★123456
  1. ★This thread
  2. 1Reduction of interest-bearing debt and reliance on borrowings21×
  3. 2Strengthening the financial foundation through improved earnings power18×
  4. 3Dependence on the coke business11×
  5. 4Consideration of a long-term capital investment strategy11×
  6. 5Liquidity Risk Related to Financing11×
  7. 6An integrated business spanning fuel sales through ash treatment10×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nippon Coke & Engineering's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-11-06: "Cited as achieved".
News
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