Revenue Decline in Other Businesses Due to Decreased Orders for Ice-Making and Refrigeration Machinery, etc.
First written in FY2018-Q1. 7 of 29 entries say "Advanced", first in FY2023-Q3. Latest entry: 2026-11-12.
Toho Acetylene moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 7 of 21 companies on the "Worse" side.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Revenue in the ice-making equipment business was ¥1,706 million, up ¥603 million (54.7%) from the previous consolidated fiscal year, while operating profit was ¥321 million, up ¥113 million (54.7%).」
The ice-making equipment business increased both full-year revenue and operating profit by 54.7% due to more large-scale projects involving ice-making and refrigeration equipment. - 2026-05-14AdvancedResults
「製氷・冷凍機械の大型物件が増加したことにより売上高及び営業利益が増加しました。」
大型物件の増加により、製氷機関連事業の通期売上高・営業利益がともに増加している。 - FY2026-H1AdvancedAnnual report
「Revenue in the ice-making equipment business was ¥723 million, up ¥201 million (38.6%) from the previous interim consolidated accounting period, while operating profit was ¥142 million, up ¥54 million (61.5%). In the ice-making equipment business, revenue and operating profit increased due to an increase in large-scale projects and maintenance work involving ice-making and refrigeration equipment.」
The ice-making equipment business recorded revenue growth of 38.6% and operating profit growth of 61.5% due to an increase in large-scale projects and maintenance work. - FY2025-H1AdvancedAnnual report
「Revenue in the ice-making equipment business was ¥522 million, up ¥3 million (0.8%) from the previous interim consolidated accounting period, while operating profit was ¥88 million, up ¥74 million (551.3%). In the ice-making equipment business, revenue increased due to an increase in maintenance work for ice-making and refrigeration equipment. Operating profit increased due to efforts to reduce manufacturing costs.」
The ice-making equipment business increased revenue due to higher maintenance work, while operating profit increased 551.3% due to lower manufacturing costs. - FY2024-Q3AdvancedAnnual report
「Revenue in the ice-making equipment business was ¥781 million, up ¥216 million (38.4%) from the same quarter of the previous year, while operating profit was ¥50 million, up ¥18 million (56.4%). In this segment, revenue and operating profit increased due to an increase in large-scale projects involving ice-making and refrigeration equipment and progress in work.」
Revenue in the ice-making equipment business increased 38.4% and operating profit increased 56.4% due to more large-scale projects and progress in work, moving from revenue growth and profit decline through the previous quarter to growth in both revenue and profit. - FY2024-Q2Revenue increased due to more large-scale projects, but profit declined due to higher manufacturing costsAnnual report
「Revenue increased due to an increase in large-scale projects involving ice-making and refrigeration equipment and progress in work. Operating profit declined due to higher manufacturing costs.」
Revenue increased due to more large-scale projects and progress in work, while operating profit declined due to higher manufacturing costs. - FY2024-Q1Revenue increased due to more large-scale projects, but profit declined due to higher manufacturing costsAnnual report
「Revenue in the ice-making equipment business was ¥295 million, up ¥53 million (22.0%) from the same quarter of the previous year, while operating profit was ¥24 million, down ¥6 million (20.1%). In this segment, revenue increased due to an increase in large-scale projects involving ice-making and refrigeration equipment and progress in work. Operating profit declined due to higher manufacturing costs.」
As in the previous fiscal year, the performance trend of large-scale projects influenced results. This quarter, revenue increased due to more large-scale projects and progress in work, while profit declined due to higher manufacturing costs. - FY2023RestatedAnnual report
「In this segment, revenue and gross profit declined due to a decrease in large-scale projects involving ice-making and refrigeration equipment. However, selling, general and administrative expenses declined partly because warranty work and other expenses incurred in the previous period decreased substantially, resulting in an increase in operating profit.」
Revenue continued to decline due to fewer large-scale projects, while full-year operating profit increased due to a substantial decrease in warranty work and other expenses. - FY2023-Q3AdvancedAnnual report
「Revenue in the ice-making equipment business was ¥564 million, down ¥350 million (38.3%) from the same quarter of the previous year, while operating profit was ¥32 million, up ¥9 million (39.5%). In this segment, revenue and gross profit declined due to a decrease in work in progress associated with large-scale projects involving ice-making and refrigeration equipment. However, selling, general and administrative expenses declined significantly partly because warranty work and other expenses incurred in the previous period decreased substantially, resulting in an increase in operating profit.」
Revenue and gross profit continued to decline due to a decrease in work in progress associated with large-scale projects, while operating profit turned to a 39.5% year-on-year increase due to a substantial decrease in warranty work and other expenses. - FY2023-Q2Decline in profit narrowed as warranty work decreased despite fewer large-scale projectsAnnual report
「In this segment, revenue and gross profit declined due to a decrease in work in progress associated with large-scale projects involving ice-making and refrigeration equipment. However, selling, general and administrative expenses declined partly because warranty work and other expenses incurred in the previous period decreased, narrowing the decline in operating profit.」
Revenue and profit continued to decline due to a decrease in work in progress associated with large-scale projects, while the decline in operating profit narrowed due to lower warranty work and other expenses incurred in the previous period. - FY2023-Q1WorsenedAnnual report
「In this segment, revenue and operating profit declined due to a decrease in work in progress associated with fewer large-scale projects involving ice-making and refrigeration equipment.」
The trend changed from the increase in revenue and profit from completed deliveries of large-scale projects in FY2022-Q1, with revenue declining 64.0% and operating profit declining 71.6% due to fewer large-scale projects. - FY2022RestatedAnnual report
「Demand for ice-making and refrigeration equipment remained solid, but revenue declined following a change in the method of recognizing revenue from construction contracts due to the adoption of the revenue recognition accounting standards and other requirements. In addition, selling, general and administrative expenses increased due to warranty work and other factors involving ice-making and refrigeration equipment, resulting in a decline in operating profit.」
Demand for ice-making and refrigeration equipment remains solid, while the change in the revenue recognition method and warranty work and other factors continue to constrain revenue and operating profit. - FY2022-Q3RestatedAnnual report
「Revenue was affected by a decline resulting from the change in the method of recognizing revenue from construction contracts due to the adoption of the revenue recognition accounting standards and other requirements, but revenue from ice-making and refrigeration equipment increased, supported by solid demand. Meanwhile, selling, general and administrative expenses increased due to warranty work and other factors involving ice-making and refrigeration equipment, resulting in a decline in operating profit.」
Demand for ice-making and refrigeration equipment remains solid, while the impact of the change in the revenue recognition method on revenue and higher selling, general and administrative expenses due to warranty work and other factors continue to cause operating profit to decline. - FY2022-Q2Profit declined despite solid demand due to a change in revenue recognition and warranty workAnnual report
「Demand for ice-making and refrigeration equipment remained solid, but revenue declined following a change in the method of recognizing revenue from construction contracts due to the adoption of the revenue recognition accounting standards and other requirements. In addition, selling, general and administrative expenses increased due to warranty work and other factors involving ice-making and refrigeration equipment, resulting in a decline in operating profit.」
Demand for ice-making and refrigeration equipment was solid, but revenue declined due to a change in the revenue recognition method for construction contracts, and operating profit also declined due to higher selling, general and administrative expenses resulting from warranty work and other factors. - FY2022-Q1Revenue and profit increased due to completed deliveries of large-scale projectsAnnual report
「In this segment, revenue and operating profit increased due to completed deliveries of large-scale projects and a change in the method of recognizing revenue from construction contracts following the adoption of the revenue recognition accounting standards and other requirements.」
In the ice-making equipment business, revenue and operating profit increased due to completed deliveries of large-scale projects and a change in the revenue recognition method. - FY2021-Q3WorsenedAnnual report
「In this segment, revenue and operating profit declined due to a decrease in completed deliveries of ice-making and refrigeration equipment and other products, as well as delays in some deliveries.」
In addition to fewer completed deliveries of ice-making and refrigeration equipment and other products, some deliveries were delayed. Revenue declined 34.3% year on year and operating profit declined 48.6%. The decline in revenue and profit has widened since the cumulative second quarter. - FY2021-Q2WorsenedAnnual report
「In this segment, revenue and operating profit declined due to a decrease in completed deliveries of ice-making and refrigeration equipment and other products.」
Revenue in Other businesses declined 13.2% and operating profit declined 23.4% due to a decrease in completed deliveries of ice-making and refrigeration equipment and other products. - FY2020WorsenedAnnual report
「Revenue in Other businesses was ¥1,758 million, down ¥170 million (8.8%) from the previous consolidated fiscal year, while operating profit was ¥224 million, down ¥53 million (19.2%).」
The trend reversed from the increase in revenue and profit due to higher deliveries in the third quarter, and for the full year, revenue declined 8.8% and operating profit declined 19.2% due to fewer large-scale projects and other factors. - FY2020-Q3Returned to revenue and profit growth as deliveries increasedAnnual report
「In this segment, revenue increased due to an increase in deliveries of ice-making and refrigeration equipment and other products, and operating profit also increased.」
The trend changed from the decline in revenue and profit caused by fewer large-scale projects in FY2020-Q2, with revenue and profit increasing due to higher deliveries of ice-making and refrigeration equipment and other products. - FY2020-Q2Revenue and profit declined due to fewer large-scale projectsAnnual report
「In this segment, revenue declined due to a decrease in large-scale projects involving ice-making and refrigeration equipment and other products, and operating profit also declined.」
Revenue in Other businesses declined 17.5% year on year and operating profit declined 22.4%, due to a decrease in large-scale projects involving ice-making and refrigeration equipment and other products. - FY2020-Q1Revenue and profit declined following the previous year's concentration of completed deliveriesAnnual report
「In this segment, revenue declined due to the impact of the concentration of completed deliveries of ice-making and refrigeration equipment and other products in the same quarter of the previous year, and operating profit also declined.」
The trend reversed from the increase in revenue and profit caused by the concentration of completed deliveries in the first quarter of the previous fiscal year, and revenue and profit declined in the first quarter due to the resulting reaction. - FY2019-Q3Profit declined despite solid demand, due to higher selling expensesAnnual report
「In this segment, revenue increased due in part to continued solid demand for ice-making and refrigeration equipment and other products, but operating profit declined due to higher selling expenses and other factors.」
Following the increase in revenue and profit through the previous quarter due to the concentration of completed deliveries, demand remained solid and revenue continued to increase, while profit declined due to higher selling expenses and other factors. - FY2019-Q2RestatedAnnual report
「In this segment, sales and operating profit increased due mainly to a concentration of completed deliveries of ice-making and refrigeration machinery.」
As in the previous quarter, revenue and operating profit increased, reflecting completed deliveries of ice-making and refrigeration equipment and other products. Revenue for the cumulative second quarter increased 34.4% year on year, while operating profit increased 16.1%. - FY2019-Q1Sales and profit increased as completed deliveries were concentratedAnnual report
「In this segment, sales and operating profit increased due mainly to a concentration of completed deliveries of ice-making and refrigeration machinery.」
Following the increase in orders in the cumulative third quarter of the previous fiscal year, revenue increased 159.2% year on year and operating profit increased 175.0% this quarter, due to the concentration of completed deliveries. - FY2018-Q3Orders turned upward and margin improvement continuedAnnual report
「In the Other business, sales increased due mainly to higher orders for ice-making and refrigeration machinery. As a result, sales in this segment amounted to ¥1.362 billion, an increase of ¥127 million, or 10.3%, from the same quarter of the previous year. Operating profit increased by ¥181 million, or 346.0%, to ¥234 million, reflecting efforts to improve profit margins.」
Orders turned from the declines that had continued through the first and second quarters to increases, and the continued improvement in profit margins resulted in substantial increases in sales and profit. - FY2018-Q2Profit margins improved despite lower ordersAnnual report
「In the Other business segment, revenue declined owing mainly to lower orders for ice-making and refrigeration machinery. As a result, revenue in this segment was ¥927 million, down ¥118 million, or 11.3%, from the same quarter of the previous year. However, as a result of efforts to improve the profit margin, operating income was ¥177 million, an increase of ¥113 million, or 175.8%, from the same quarter of the previous year.」
Although lower sales due to continued declines in orders for ice-making and refrigeration machinery persisted, operating profit increased substantially as profit margins improved. - FY2018-Q1First statedAnnual report
「In the Other business, sales decreased due mainly to a decline in orders for ice-making and refrigeration machinery.」
A decline in orders for ice-making and refrigeration machinery occurred in the Other business and is identified for the first time as a factor behind the business's lower sales.