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Mitachi (3321) · InitiativeAdvanced

Exploring new products and strengthening the EMS business

First written in FY2016. 13 of 31 entries say "Restated". Latest entry: 2026-10-02.

31entries
11years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2021AdvancedFY2022-Q3 – FY2023-Q3AdvancedFY2024 – 2026-10-022016: 12017: 320172018: 320182019: 320192020: 220202021: 420212022: 420222023: 320232024: 320242025: 120252026: 42026
Same theme, other companies
Development of New Products and Overseas Expansion of the EMS BusinessA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Advanced".

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
  1. 2026-10-02AdvancedFinancial results presentation materials

    「産業機器分野は工作機械関連などのEMS受注により売上増加」

    EMSビジネスについて、工作機械関連などのEMS受注による売上増加という具体的な進展が記載された。
  2. 2026-09-17Advanceds.kabutan.jp

    「自動車分野における販売が国内外で堅調に推移していることに加えて、産業機器分野のEMS(電子機器受託製造サービス)の受注も堅調に推移していることが要因としている。」

    産業機器分野のEMS受注が堅調に推移し、2027年5月期業績予想の上方修正要因となった。
  3. 2026-09-16AdvancedRevisions to earnings forecasts

    「2027年5月期の業績予想につきまして、自動車分野における販売が国内外で堅調に推移しており、産業機器分野のEMSの受注においても堅調に推移していることから、2026年7月6日に公表した2027年5月期の第2四半期及び通期の業績予想を修正することといたしました。」

    産業機器分野のEMS受注が堅調に推移しているとの具体的な状況が示され、EMSビジネスの進展が記載された。
  4. FY2026-H1AdvancedAnnual report

    「To address customer needs in India’s electronics market, we established MITACHI INDIA PVT.LTD for the sale of semiconductors and electronic components and the development of EMS (electronics manufacturing services).」

    The company expanded new products and its EMS business into India through the establishment of a local entity. Meanwhile, orders for machine-tool-related EMS declined.
  5. FY2025-H1AdvancedAnnual report

    「In the industrial equipment field, orders for machine-tool-related EMS increased.」

    A specific development in strengthening EMS was reported in the form of higher orders for machine-tool-related EMS.
  6. FY2024RaisedAnnual report

    「④ Evolution into an integrated manufacturing provider by addressing EMS and adjacent areas」

    The policy of strengthening EMS was expanded into an objective of becoming an integrated manufacturing provider covering adjacent areas.
  7. FY2024-Q3RestatedAnnual report

    「In the industrial equipment field, orders for machine-tool-related EMS declined due to sluggish capital investment amid stagnant market conditions in China. In the consumer field, orders for EMS and semiconductors and electronic components declined, partly due to customer inventory adjustments.」

    EMS orders continued to decline for machine tools and in the consumer field. Firm or higher orders were also reported for automotive EMS in Japan and ASEAN, indicating differing trends by field and region.
  8. FY2024-Q2RestatedAnnual report

    「In the industrial equipment field, orders for machine-tool-related EMS declined due to weak investment amid concerns about market conditions in China. In the consumer field, orders for EMS and semiconductors and electronic components declined, partly due to customer inventory adjustments.」

    EMS orders continued to decline in the industrial equipment and consumer fields, while increasing orders were reported in the overseas automotive field, indicating continued divergence by field and region.
  9. FY2024-Q1EMS orders diverged by field and regionAnnual report

    「In the industrial equipment field, orders for machine-tool-related EMS declined due to weak market conditions in China. In the consumer field, orders for EMS and semiconductors and electronic components declined as customers adjusted inventories following the demand surge during the pandemic.」

    EMS orders declined in the industrial equipment and consumer fields. The overseas automotive field also reported higher orders, showing divergent trends by field and region.
  10. FY2023-Q3AdvancedAnnual report

    「In the industrial equipment field, orders for EMS related to machine tools remained firm. In the consumer field, overseas EMS orders remained firm.」

    Orders for machine-tool-related EMS and overseas EMS remained firm, indicating that the EMS order base continued to be maintained and expanded.
  11. FY2023-Q2AdvancedAnnual report

    「In the industrial equipment field, orders for EMS related to machine tools remained firm. In the consumer field, orders for EMS and semiconductors and electronic components overseas remained firm.」

    Orders for machine-tool-related EMS in the industrial equipment field and overseas EMS in the consumer field remained firm, indicating that the EMS order base continued to be maintained and expanded in both domestic and overseas businesses.
  12. FY2023-Q1AdvancedAnnual report

    「② Overseas business division Despite the impact of lockdowns under China’s zero-COVID policy, consolidated revenue increased 15.3% year on year to ¥3,921 million, reflecting firm EMS orders in the consumer field and higher orders for semiconductors and electronic components. Segment profit was ¥400 million, up 102.7%.」

    The overseas business division achieved higher revenue and profit as EMS orders and orders for semiconductors and electronic components increased, providing measurable progress in strengthening EMS.
  13. FY2022AdvancedAnnual report

    「In the industrial equipment field, revenue increased year on year due to higher EMS orders, supported by increased demand for machine tools related to IT and automobiles.」

    Higher EMS orders for machine tools contributed to full-year revenue growth and provided a specific indication of progress in strengthening EMS.
  14. FY2022-Q3AdvancedAnnual report

    「In the industrial equipment field, revenue increased year on year due to higher EMS orders, supported by increased demand for machine tools related to IT and automobiles.」

    The increase in EMS orders for machine tools contributed to higher revenue and provided a specific indication of progress in strengthening EMS.
  15. FY2022-Q2RestatedAnnual report

    「Domestic sales of semiconductors and electronic components for the automotive field increased as orders recovered from the impact of the COVID-19 pandemic, despite the effect of automobile production cuts. In the industrial equipment field, revenue increased year on year due to higher EMS orders for machine tools related to IT equipment and automobiles and higher orders in the amusement field.」

    Recovery and strengthening of the domestic business, including EMS, continued through higher automotive sales and increased orders for machine tools and amusement applications.
  16. FY2022-Q1AdvancedAnnual report

    「Domestic sales of semiconductors and electronic components for the automotive field increased as orders recovered with the recovery in automobile production. In the industrial equipment field, revenue increased year on year, reflecting higher EMS orders for machine tools related to IT equipment and automobiles.」

    In the domestic business, sales of semiconductors and electronic components and EMS-related revenue increased year on year as automobile production recovered and EMS orders for machine tools increased.
  17. FY2021RestatedAnnual report

    「② Strengthening and expanding the EMS business」

    Strengthening the EMS business was explicitly identified as a platform-business measure under Medium-Term Management Plan 2023. In terms of results, domestic EMS orders for machine tools increased, while orders for EMS and related services in ASEAN declined due to restrictions on economic and production activity caused by the pandemic.
  18. FY2021-Q3Automotive EMS and related businesses generated higher revenue, while ASEAN EMS orders continued to declineAnnual report

    「In the automotive field, sales of semiconductors and electronic components for in-vehicle equipment and EMS increased year on year as orders recovered in Japan and increased in China.」

    Automotive semiconductor and electronic-component sales and EMS generated higher revenue year on year as orders recovered in Japan and China. Meanwhile, orders for semiconductors, electronic components and EMS in the ASEAN region continued to decline in the overseas business division.
  19. FY2021-Q2Automotive EMS began to recover but remained below the prior-year cumulative levelAnnual report

    「Sales in the business of selling semiconductors and electronic components for in-vehicle equipment and providing EMS declined in the first quarter due to lower automobile production caused by the COVID-19 pandemic. Sales began to recover from the second quarter onward, but declined year on year.」

    Automotive EMS began to recover from the second quarter onward, but revenue for the cumulative second-quarter period remained below the prior-year level.
  20. FY2020-Q3RestatedAnnual report

    「In the automotive field, sales of semiconductors and electronic components for in-vehicle equipment and EMS remained firm, and revenue increased.」

    Sales of automotive semiconductors and electronic components and EMS continued to remain firm and contributed to higher revenue.
  21. FY2020-Q2RestatedAnnual report

    「Revenue declined due to lower overseas EMS-related orders and lower orders in China’s consumer field, resulting in consolidated revenue of ¥5,652 million, down 12.0% year on year. Segment profit was ¥151 million, down 37.3%.」

    Lower overseas EMS-related orders continued to reduce revenue and segment profit in the overseas business division.
  22. FY2020-Q1Decline in overseas EMS ordersAnnual report

    「② Overseas business division Revenue declined due to lower EMS orders in the amusement field and lower orders in the consumer field, resulting in consolidated revenue of ¥2,808 million, down 19.8% year on year. Segment profit was ¥99 million, down 37.4%.」

    In the EMS business, lower orders in the amusement field of the overseas business division reduced revenue and segment profit.
  23. FY2019RestatedAnnual report

    「・Further pursuit of business in the automotive and industrial equipment fields ・Strengthening overseas sites ・Strengthening solution businesses such as EMS and IoT」

    The company reiterates its policy of strengthening the automotive and industrial equipment fields, overseas sites, and EMS and IoT.
  24. FY2019-Q2RestatedAnnual report

    「Against this economic backdrop, sales in the automotive field, one of our group’s major customer sectors, increased as sales of semiconductors, electronic components and equipment for in-vehicle applications and EMS remained firm.」

    Firm sales of semiconductors, electronic components and equipment and EMS in the automotive field continued. No new milestone, such as winning new EMS business, was disclosed.
  25. FY2018RestatedAnnual report

    「・Further pursuit of business in the automotive and industrial equipment fields ・Strengthening overseas sites ・Strengthening solution businesses such as EMS and IoT」

    While continuing to strengthen EMS, the company identifies solution businesses including IoT, the automotive and industrial equipment fields, and overseas sites as specific areas for enhancement.
  26. FY2018-Q3RestatedAnnual report

    「In the automotive field, sales of semiconductors and electronic components for in-vehicle equipment and EMS remained firm, contributing to higher revenue. In the consumer field, revenue declined as EMS for camera-related modules overseas decreased.」

    Automotive EMS contributed to higher revenue, while the decline in overseas EMS for camera-related modules continued to be reported. No new milestone, such as winning new EMS business, was disclosed.
  27. FY2018-Q2RestatedAnnual report

    「Against this economic backdrop, sales in the automotive field, one of our group’s major customer sectors, increased as sales of semiconductors for in-vehicle equipment and EMS remained firm.」

    Firm sales of automotive semiconductors and EMS continued. No new milestone, such as winning new EMS business, was disclosed.
  28. FY2018-Q1RestatedAnnual report

    「Against this economic backdrop, sales in the automotive field, one of our group’s major customer sectors, increased as sales of semiconductors and electronic components for in-vehicle equipment and EMS remained firm.」

    The company states that EMS related to in-vehicle equipment in the automotive field remained firm. No new specific milestone, such as winning new EMS business, was disclosed.
  29. FY2017-Q3RestatedAnnual report

    「In the automotive sector, sales increased as sales of semiconductors and electronic components for automotive equipment remained firm and revenue from new EMS business also remained solid.」

    States that revenue from new EMS business remained solid during the nine-month period after it was secured. No additional milestone, such as securing further business, is indicated.
  30. FY2017-Q2AdvancedAnnual report

    「Against this economic backdrop, sales in the automotive sector, a major customer sector for our Group, increased as sales of semiconductors and electronic components for automotive equipment remained firm and we secured new EMS business.」

    Reports the concrete progress of winning new EMS business as part of the EMS-strengthening initiative.
  31. FY2016First statedAnnual report

    「・Exploring new products ・Expanding overseas locations and geographic coverage ・Strengthening the EMS business」

    Identifies new products, overseas locations and regions, and EMS as areas for strengthening the existing business.
Moved together

"The Overseas EMS and Contract Manufacturing Platform" moved the same way as this thread, in the same document, in 7 of its 31 moves.

765544★123456
  1. ★This thread
  2. 1The Overseas EMS and Contract Manufacturing Platform7×
  3. 2Revenue and profit growth in the domestic and overseas business segments6×
  4. 3Risk of Bad Debts and Higher Allowances Resulting from Deteriorating Customer Credit5×
  5. 4Impact of Higher Trade Receivables on Cash Flow from Operating Activities5×
  6. 5Performance-Linked and Individually Evaluated Director Bonuses4×
  7. 6Strengthening core trading-company functions, the domestic sales base and global expansion4×

★ 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
No upcoming earnings preview for Mitachi yet. It last moved in the Financial results presentation materials of 2026-10-02: "Advanced".
Exploring new products and strengthening the EMS business | MITACHI CO.,LTD. (3321) | Komori