Higher revenue and profits driven by a recovery in demand for the Processing business
First written in FY2018-Q1. 9 of 31 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07AdvancedEarnings
「Meanwhile, sales to the transportation equipment industry declined in regions including the United States. As a result, revenue for the processing business as a whole increased. In terms of earnings, operating income increased, although personnel expenses, raw material costs and utility costs remained elevated.」
Revenue in the processing business increased on higher sales in Japan, Thailand and other markets, while operating income rose 11.6% year on year despite continued high costs. - FY2026Higher revenue and lower earningsAnnual report
「In the processing business, sales were ¥48,570 million, up 1.7% year on year, while operating income was ¥4,675 million, down 6.8% year on year.」
The processing business posted higher sales, but profit declined because raw material and utility costs, personnel expenses, depreciation and other costs increased. - FY2026-H1AdvancedAnnual report
「Sales were ¥23,889 million, up 1.7% year on year, while operating income was ¥2,631 million, up 13.8% year on year.」
The processing business posted 1.7% sales growth and 13.8% operating income growth, driven by increased sales in Japan and India and cost improvement initiatives. The disclosure notes sales declines in China, Thailand and elsewhere. - FY2025Higher revenue and lower earningsAnnual report
「Sales were ¥47,753 million, up 2.0% year on year, while operating income was ¥5,016 million, down 12.4% year on year.」
The processing business posted higher sales, but profit declined because sales fell in Japan, Thailand and China and labor and other expenses increased due to inflation. - FY2025-H1Higher revenue and lower earningsAnnual report
「Sales were ¥23,480 million, up 1.8% year on year, while operating income was ¥2,312 million, down 21.3% year on year.」
The processing business posted 1.8% sales growth, but operating income declined 21.3%. Profitability declined because automobile production volumes fell and raw material and utility costs remained elevated, among other factors. - FY2024Higher revenue and lower earningsAnnual report
「Sales were ¥46,822 million, up 0.2% year on year, while operating income was ¥5,724 million, down 5.9% year on year.」
The processing business posted virtually flat sales growth on a full-year basis, while profit declined because of higher raw material and utility costs, among other factors. - FY2024-Q3Higher revenue and lower earningsAnnual report
「Sales were ¥35,253 million, up 1.6% year on year, while operating income was ¥4,596 million, down 3.0% year on year.」
The processing business posted higher sales, but profit declined because sales struggled in China and Taiwan and raw material and utility costs increased. - FY2024-Q2Higher revenue and lower earningsAnnual report
「Sales were ¥23,055 million, up 3.2% year on year, while operating income was ¥2,936 million, down 2.6% year on year. …On the other hand, sales struggled in China and Taiwan, while profitability declined both domestically and overseas because of higher raw material and utility costs, resulting in lower operating income.」
The processing business posted higher sales, supported by recovering production at automotive parts manufacturers and the weaker yen, but profit declined because sales struggled in China and Taiwan and raw material and utility costs increased. - FY2024-Q1Higher revenue and lower earningsAnnual report
「Sales were ¥11,420 million, up 2.8% year on year, while operating income was ¥1,505 million, down 5.8% year on year.」
The processing business posted higher sales, but operating income declined. Sales recovered as production at automotive parts manufacturers recovered, while profitability declined because of higher raw material and utility costs, among other factors. - FY2023Higher revenue and lower earningsAnnual report
「Sales were ¥46,743 million, up 4.3% year on year, while operating income was ¥6,086 million, down 10.3% year on year.」
The processing business posted higher sales, supported by strength in some Asian regions and the weaker yen, but profit declined as sales struggled in Japan, North America, China and Thailand and raw material and utility costs increased. - FY2023-Q3Higher revenue and lower earningsAnnual report
「Sales were ¥34,681 million, up 2.7% year on year, while operating income was ¥4,738 million, down 13.7% year on year. …On the other hand, sales struggled in Japan, North America, China and Thailand as production at major customer automotive parts manufacturers remained weak. Profitability also declined because of higher raw material and utility costs, resulting in lower operating income.」
The processing business posted 2.7% sales growth, supported by strength in some Asian regions and the weaker yen, but operating income declined 13.7% because of weak production at major customers and higher raw material and utility costs. - FY2023-Q2Lower revenue and profit continuedAnnual report
「Sales were ¥22,333 million, down 1.1% year on year, while operating income was ¥3,014 million, down 20.3% year on year. Although operations in Asian regions such as India and Vietnam remained relatively strong, sales in Japan struggled to grow as production at major customer automotive parts manufacturers remained weak. Profitability also declined because of higher utility costs, resulting in lower sales and profit for the processing business overall.」
While Asia remained relatively strong, the processing business posted a 1.1% decline in sales and a 20.3% decline in operating income because sales to domestic automotive parts customers struggled to grow and utility costs increased. - FY2023-Q1Lower revenue and profitAnnual report
「Sales were ¥11,106 million, down 3.3% year on year, while operating income was ¥1,598 million, down 23.7% year on year.」
The processing business posted lower sales and profit because of weak production at domestic automotive parts manufacturers and higher utility costs. - FY2022AdvancedAnnual report
「Sales to external customers were ¥44,820 million, up 14.6% year on year, while operating income was ¥6,781 million, up 30.3% year on year.」
The processing business posted higher sales and profit, driven by the recovery in production at automotive parts manufacturers in Japan and Asia, among other factors. - FY2022-Q3AdvancedAnnual report
「Sales were ¥33,753 million, up 22.0% year on year, while operating income was ¥5,489 million, up 67.3% year on year. Although the North American region continued to face difficulties, operations in Japan and Asian regions such as China, Thailand and Indonesia remained strong as production at major customer automotive parts manufacturers recovered, resulting in higher sales and profit for the processing business overall.」
Against a backdrop of recovering production at automotive parts manufacturers in Japan and Asia, the processing business posted 22.0% sales growth and 67.3% operating income growth. Difficulties in North America continued. - FY2022-Q2AdvancedAnnual report
「Sales were ¥22,586 million, up 32.7% year on year, while operating income was ¥3,784 million, up 220.9% year on year. Although the North American region continued to face some difficulties, sales grew substantially in Japan and Asian regions such as China, Thailand and Indonesia as production at major customer automotive parts manufacturers recovered, resulting in higher sales and profit for the processing business overall.」
Against a backdrop of recovering production at automotive parts manufacturers, the processing business posted 32.7% sales growth and 220.9% operating income growth. Difficulties remained in North America. - FY2022-Q1AdvancedAnnual report
「Sales were ¥11,485 million, up 26.5% year on year, while operating income was ¥2,095 million, up 202.3% year on year. Although the North American region continued to face some difficulties, sales grew substantially in Japan and Asian regions such as China and Thailand as production at major customer automotive parts manufacturers recovered, resulting in higher sales and profit for the processing business overall.」
Against a backdrop of recovering production at automotive parts manufacturers, the processing business posted 26.5% sales growth and 202.3% operating income growth. Difficulties remained in North America. - FY2021-Q3Lower sales and profit continued, but domestic operations were recoveringAnnual report
「Sales were ¥27,671 million, down 20.0% year on year, while operating income was ¥3,281 million, down 43.5% year on year. Production activities were restricted by temporary closures at some domestic plants and government-requested plant shutdowns overseas, resulting in lower sales and profit. During the third quarter of the current consolidated fiscal year, domestic operations began to recover as production at major customer automotive parts manufacturers improved, but profit recovery overseas, including in Thailand and the United States, remained slow.」
The processing business posted cumulative declines of 20.0% in sales and 43.5% in operating income, but domestic demand began to recover during the third quarter of the current consolidated fiscal year. Profit recovery overseas remained slow. - FY2021-Q2Sharp declines in revenue and earningsAnnual report
「Sales were ¥17,022 million, down 26.6% year on year, while operating income was ¥1,179 million, down 70.4% year on year. As major customer automotive parts manufacturers reduced production, some of the Group's plants, mainly in Japan, were temporarily closed. Overseas, production activities were also restricted by government-requested plant shutdowns in the United States, Thailand and elsewhere, resulting in substantial declines in sales and profit.」
The processing business posted a 26.6% decline in sales and a 70.4% decline in operating income because automotive parts manufacturers reduced production, some plants were temporarily closed, and plants in the United States and Thailand were shut down. - FY2021-Q1Shifted to lower revenue and profitAnnual report
「Sales were ¥9,081 million, down 22.3% year on year, while operating income was ¥693 million, down 67.1% year on year. As major customer automotive parts manufacturers reduced production, some of the Group's plants, mainly in Japan, were temporarily closed, resulting in substantial declines in sales and profit.」
The processing business posted a 22.3% decline in sales and a 67.1% decline in operating income because automotive parts manufacturers reduced production and some plants were temporarily closed. - FY2020Shifted to lower revenue and profitAnnual report
「Domestic and overseas demand for processing services for automotive parts and construction machinery and hydraulic applications was weak, resulting in lower sales. Profit was pressured by weak performance in the United States and Thailand and depreciation related to large-scale capital investment, resulting in lower sales and profit for the processing business overall.」
The processing business posted lower sales and profit because of weak demand, weak performance in the United States and Thailand, and depreciation related to large-scale capital investment. - FY2020-Q3Shifted to lower revenue and profitAnnual report
「Sales were ¥34,438 million, down 0.6% year on year, while operating income was ¥5,785 million, down 13.9% year on year. Domestic and overseas demand for processing services for automotive parts and construction machinery and hydraulic applications was weak. Profit was also pressured by weak performance in the United States and Thailand and depreciation related to large-scale capital investment, resulting in lower sales and profit for the processing business overall.」
The processing business shifted to lower sales and profit as domestic and overseas demand for processing services weakened, while weak performance in the United States and Thailand and depreciation related to large-scale capital investment also weighed on results. - FY2020-Q2Continued revenue growth and profit declineAnnual report
「Sales were ¥23,093 million, up 1.7% year on year, while operating income was ¥3,967 million, down 7.9% year on year. Although domestic and overseas demand for processing services exceeded the level of the same period of the previous year, the processing business overall posted higher sales but lower profit because of weak performance in the United States and Thailand.」
Despite demand for processing services exceeding the level of the same period of the previous year, sales rose 1.7% while operating income declined 7.9% because of weak performance in the United States and Thailand. - FY2020-Q1Higher revenue and lower earningsAnnual report
「Sales were ¥11,628 million, up 2.3% year on year, while operating income was ¥2,096 million, down 7.8% year on year. Although domestic and overseas demand for processing services exceeded the level of the same period of the previous year, the processing business overall posted higher sales but lower profit because of weak performance in the United States and Thailand.」
Despite demand for processing services exceeding the level of the same period of the previous year, sales rose 2.3% while operating income declined 7.8% because of weak performance in the United States and Thailand. - FY2019Higher revenue and lower earningsAnnual report
「Sales to external customers were ¥46,034 million, an increase of ¥1,497 million, or 3.4%, from the previous fiscal year, while operating income declined by ¥327 million, or 3.8%, to ¥8,354 million.」
The processing business benefited from domestic demand for automotive parts and operations at the new Mexico plant, but profit declined because of equipment renovation costs in the United States and China and temporary costs related to addressing defects. - FY2019-Q3Higher revenue, broadly flat profitAnnual report
「Sales to external customers were ¥34,650 million, an increase of ¥1,379 million, or 4.1%, from the previous fiscal year, while operating income was ¥6,722 million, at the same level as in the previous fiscal year. In Japan, both corrosion protection and heat treatment processing performed steadily as demand for processing services for automotive parts increased. Overseas, the new plant in Mexico has been operating smoothly since the second half of the previous fiscal year. Profitability declined partly because temporary costs were incurred for equipment renovations in the United States and China.」
The processing business posted 4.1% sales growth, but operating income remained at the same level as in the previous fiscal year. Domestic demand and operations at the new Mexico plant were positive, while equipment renovation costs in the United States and China reduced profitability. - FY2019-Q2AdvancedAnnual report
「Sales to external customers were ¥22,712 million, an increase of ¥1,069 million, or 4.9%, from the previous fiscal year, while operating income rose by ¥114 million, or 2.7%, to ¥4,309 million. In Japan, both corrosion protection and heat treatment processing performed steadily as demand for processing services for automotive parts increased.」
Against a backdrop of increased demand for automotive parts, the processing business posted 4.9% sales growth and 2.7% operating income growth, turning to profit growth from flat profit in FY2019-Q1. - FY2019-Q1Higher revenue, but flat profitAnnual report
「Sales to external customers were ¥11,367 million, an increase of ¥464 million, or 4.3%, from the previous fiscal year, while operating income declined by ¥1 million, or 0.0%, to ¥2,274 million. In Japan, both corrosion protection and heat treatment processing performed steadily as demand for processing services for automotive parts increased.」
The processing business posted 4.3% sales growth on increased demand for automotive parts, but operating income remained essentially at the previous year's level. - FY2018-Q3AdvancedAnnual report
「Sales to external customers were ¥33,270 million, an increase of ¥3,784 million, or 12.8%, from the previous fiscal year, while operating income rose by ¥1,431 million, or 27.1%, to ¥6,722 million. In Japan, the business remained relatively strong, supported by continued robust demand for processing services for automotive parts, construction machinery parts and hydraulic components. Overseas, sales increased in all regions, led by Thailand and China.」
The processing business posted 12.8% sales growth and 27.1% operating income growth, with robust domestic demand and higher sales across all overseas regions continuing. - FY2018-Q2AdvancedAnnual report
「Sales to external customers were ¥21,642 million, an increase of ¥2,234 million, or 11.5%, from the previous fiscal year, while operating income rose by ¥915 million, or 27.9%, to ¥4,194 million. In Japan, sales increased and business remained relatively strong as demand grew for processing services for automotive parts, construction machinery parts and hydraulic components. Overseas, sales increased in all regions.」
The processing business benefited from increased domestic demand for automotive parts, construction machinery parts and hydraulic components, while sales also increased in all overseas regions. Sales rose 11.5% and operating income increased 27.9%. - FY2018-Q1First statedAnnual report
「Sales to external customers were ¥10,903 million, an increase of ¥1,138 million, or 11.7%, from the previous fiscal year, while operating income rose by ¥440 million, or 24.0%, to ¥2,275 million. In Japan, the business performed steadily as demand recovered for processing services for automotive parts.」
In the processing business, domestic demand for automotive parts recovered, driving increases in both sales and operating income.