Decline in orders due to delays in launching new products
First written in FY2020-Q2. 1 of 3 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2020.
The whole theme swung hardest in 2022: 2 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Customer orders declined due to delays in new product launches, resulting in revenue of ¥1,170 million, down 9.8% year on year. Profit was also affected by lower margins due to an increase in imported products, higher various expenses incurred in preparation for manufacturing new products and higher cost of sales due to increased labour costs, resulting in an operating loss of ¥20 million, compared with operating profit of ¥46 million in the same period of the previous year.」
In the US, the decline in orders due to delays in launching new products continued throughout the fiscal year, resulting in lower revenue and an operating loss of ¥20 million. - FY2020-Q3WorsenedAnnual report
「In the US, customer orders declined due to delays in new product launches, resulting in revenue of ¥914 million, down 6.5% year on year. Profit was also affected by an increase in the cost of sales due to higher imports, higher various expenses incurred in preparation for manufacturing new products and higher labour costs, resulting in an operating loss of ¥8 million, compared with operating profit of ¥51 million in the same period of the previous year.」
In the US, the decline in orders due to delays in launching new products continued, resulting in revenue down 6.5% year on year. Operating profit also deteriorated from ¥51 million in the same period of the previous year to an operating loss of ¥8 million. - FY2020-Q2First statedAnnual report
「Orders from customers declined due to delays in launching new products, resulting in revenue of ¥646 million, down 3.2% year on year. Profit was also affected by higher various expenses incurred in preparation for manufacturing new products and other factors, with operating profit falling 43.5% to ¥22 million.」
In the US segment, delays in launching new products led to a decline in customer orders, resulting in lower revenue and operating profit.