Narrowing the Loss Through Cost Reductions in the Equipment Business
First written in FY2018-Q1. 17 of 31 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-08-07.
0 other companies' latest entry also says "Achieved".
- 2026-08-07AchievedEarnings
「Although sales declined in China and other regions, earnings improved and profit increased.」
In the equipment business, revenue declined 0.6% year on year, while operating income turned around from an operating loss in the previous year to operating income of ¥581 million. - FY2026AdvancedAnnual report
「The Equipment segment posted sales of ¥27,621 million, up 14.1% year on year, and operating profit of ¥2,116 million, up 208.5% year on year.」
The Equipment segment posted a 14.1% increase in sales and a 208.5% increase in operating profit, driven by expanded sales in India, China, and Japan. - FY2026-H1AdvancedAnnual report
「Sales were ¥10,604 million, up 9.6% year on year, and operating profit was ¥372 million, up 97.1% year on year.」
The Equipment segment posted a 9.6% increase in sales and a 97.1% increase in operating profit, driven by expanded sales in India and increased domestic sales. - FY2025AdvancedAnnual report
「Sales were ¥24,206 million, up 26.4% year on year, and operating profit was ¥685 million, up 30.1% year on year.」
The Equipment segment posted higher sales and profit, driven by expanded sales in India and increased domestic sales of pretreatment equipment and heat exchangers. - FY2025-H1AdvancedAnnual report
「Sales were ¥9,673 million, up 49.0% year on year, and operating profit was ¥189 million, compared with an operating loss of ¥43 million in the same period of the previous year.」
The Equipment segment posted a 49.0% increase in sales and swung from an operating loss in the same period of the previous year to an operating profit. Expanded sales in India and increased domestic sales of pretreatment equipment and heat exchangers contributed. - FY2024AdvancedAnnual report
「Sales were ¥19,149 million, up 14.0% year on year, and operating profit was ¥527 million, compared with an operating loss of ¥8 million in the same period of the previous year.」
The Equipment segment posted a 14.0% increase in sales and swung from an operating loss in the previous fiscal year to an operating profit. - FY2024-Q3AdvancedAnnual report
「Sales were ¥11,229 million, up 5.5% year on year, and operating profit was ¥18 million, compared with an operating loss of ¥468 million in the same period of the previous year.」
The Equipment segment posted a 5.5% increase in sales and swung from an operating loss in the same period of the previous year to an operating profit. - FY2024-Q2AdvancedAnnual report
「Sales were ¥6,492 million, down 0.1% year on year, and the company posted an operating loss of ¥43 million, compared with an operating loss of ¥276 million in the previous fiscal year. ... In terms of profit, the operating loss narrowed from the previous fiscal year.」
The Equipment segment's sales were virtually flat, while the operating loss narrowed from ¥276 million to ¥43 million. - FY2024-Q1AdvancedAnnual report
「Sales were ¥3,197 million, up 6.5% year on year, and the company posted an operating loss of ¥126 million, compared with an operating loss of ¥194 million in the same period of the previous year.」
The Equipment segment posted higher sales, and the operating loss narrowed from ¥194 million in the same period of the previous year to ¥126 million. The effects of construction delays and other issues remained in China, while the recovery in domestic sales and expansion of sales in India contributed. - FY2023Sales declined and the segment swung to an operating lossAnnual report
「Sales were ¥16,790 million, down 29.8% year on year, and the company posted an operating loss of ¥8 million, compared with an operating profit of ¥151 million in the same period of the previous year.」
The Equipment segment posted lower sales and swung from an operating profit to an operating loss because of the decline from large equipment projects, construction delays caused by the lockdown in China, and soaring steel prices. - FY2023-Q3Sales declined and the segment swung to an operating lossAnnual report
「Sales were ¥10,640 million, down 40.9% year on year, and the company posted an operating loss of ¥468 million, compared with an operating profit of ¥337 million in the same period of the previous year. Construction of large equipment projects in Japan and overseas progressed in the same period of the previous year and contributed to results, but that contribution declined this fiscal year. In addition, construction delays caused by the lockdown in China and soaring steel prices led to a substantial decline in sales, and the company swung from an operating profit to an operating loss.」
The Equipment segment posted a 40.9% decrease in sales and swung from an operating profit in the same period of the previous year to an operating loss because of the reduced contribution from large equipment projects, construction delays caused by the lockdown in China, and soaring steel prices. - FY2023-Q2Sales declined and the segment swung to an operating lossAnnual report
「Sales were ¥6,498 million, down 39.4% year on year, and the company posted an operating loss of ¥276 million, compared with an operating profit of ¥326 million in the same period of the previous year. Construction of large equipment projects in Japan and overseas progressed in the same period of the previous year and contributed to results, but that contribution declined this fiscal year. In addition, soaring steel prices and construction delays caused by the lockdown in China led to a substantial decline in sales, and the segment swung from an operating profit to an operating loss.」
The Equipment segment swung from an operating profit in the same period of the previous year to an operating loss because of the reduced contribution from large equipment projects, soaring steel prices, and construction delays caused by the lockdown in China. - FY2023-Q1Sales declined and the segment swung to an operating lossAnnual report
「Sales were ¥3,002 million, down 32.0% year on year, and the company posted an operating loss of ¥194 million, compared with an operating profit of ¥141 million in the same period of the previous year.」
The Equipment segment swung from an operating profit in the same period of the previous year to an operating loss because of the reduced contribution from large equipment projects, soaring steel prices, and delayed construction schedules. - FY2022Substantially higher sales but lower operating profitAnnual report
「Sales to external customers were ¥23,914 million, up 36.6% year on year, and operating profit was ¥151 million, down 64.7% year on year.」
The Equipment segment posted higher sales as construction progressed and capital investment recovered, but operating profit declined because of higher steel prices and construction delays. - FY2022-Q3AdvancedAnnual report
「Sales were ¥17,992 million, up 67.3% year on year, and operating profit was ¥337 million, up 923.1% year on year. Results remained strong, supported by signs of a recovery in capital investment both in Japan and overseas. Growth was particularly strong in China and Thailand, where construction of pretreatment equipment for automakers progressed, resulting in higher sales and profit.」
The Equipment segment posted a 67.3% increase in sales and a 923.1% increase in operating profit, driven by the recovery in capital investment and progress on pretreatment equipment construction for automakers in China and Thailand. - FY2022-Q2AdvancedAnnual report
「Sales were ¥10,722 million, up 42.0% year on year, and operating profit was ¥326 million, up 189.1% year on year. Results remained strong, supported by signs of a recovery in capital investment both in Japan and overseas. Growth was particularly strong in China and Thailand, where installation of pretreatment equipment for automakers progressed, resulting in higher sales and profit.」
The Equipment segment posted a 42.0% increase in sales and a 189.1% increase in operating profit, driven by the recovery in capital investment and progress on pretreatment equipment installations in China and Thailand. - FY2022-Q1AdvancedAnnual report
「Sales were ¥4,416 million, up 115.5% year on year, and operating profit was ¥141 million, compared with an operating loss of ¥284 million in the same period of the previous year.」
The Equipment segment swung from an operating loss in the same period of the previous year to an operating profit, while sales rose 115.5%. The disclosure refers to progress on pretreatment equipment projects for automakers in China and Thailand. - FY2021-Q3Continued lower revenue and substantially lower profitAnnual report
「Sales were ¥10,754 million, down 34.5% year on year, and operating profit was ¥32 million, down 86.9% year on year. In addition to the decline in large projects, COVID-19 is expected to delay on-site schedules and revenue recognition for orders as customers review their capital investment plans, while exchange-rate fluctuations are expected to undermine profitability.」
The Equipment segment posted a 34.5% decrease in sales and an 86.9% decrease in operating profit, with the disclosure citing fewer large projects, schedule delays, customers' reviews of capital investment plans, and deteriorating profitability caused by exchange-rate fluctuations. - FY2021-Q2Lower revenue and sharp profit declinesAnnual report
「Sales were ¥7,550 million, down 35.1% year on year, and operating profit was ¥113 million, down 78.8% year on year. ... In addition to the decline in large projects, COVID-19 raised concerns about delays in on-site schedules and delays in revenue recognition for orders as customers reviewed their capital investment plans.」
The Equipment segment posted a 35.1% decrease in sales and a 78.8% decrease in operating profit because of fewer large projects, construction delays caused by the pandemic, and customers' reviews of their capital investment plans. - FY2021-Q1Sales declined and the segment swung to an operating lossAnnual report
「Sales were ¥2,049 million, down 67.3% year on year, and the company posted an operating loss of ¥284 million, compared with an operating profit of ¥181 million in the same period of the previous year. ... Conditions remained difficult as the decline in large projects and the impact of COVID-19 prompted customers to review their capital investment plans.」
The Equipment segment posted a 67.3% decrease in sales and swung from an operating profit in the same period of the previous year to an operating loss, reflecting fewer large projects and customers' reviews of their capital investment plans. - FY2020Revenue and earnings declineAnnual report
「Orders increased in Thailand and Indonesia, but sales declined, partly because the previous fiscal year included revenue recognition from large equipment projects in Japan and China. Profitability declined because of challenging order conditions in China, resulting in lower sales and profit for the Equipment segment overall.」
The Equipment segment posted lower sales and profit because increased orders in Thailand and Indonesia were outweighed by the decline from large projects completed in the previous fiscal year and worsening order conditions in China. - FY2020-Q3Lower revenue and sharp profit declinesAnnual report
「Sales were ¥16,860 million, down 7.3% year on year, and operating profit was ¥233 million, down 61.2% year on year. ... Sales and profit declined, partly because the previous fiscal year included revenue recognition from a large equipment project for an automaker in China.」
The Equipment segment posted a 7.3% decrease in sales and a 61.2% decrease in operating profit, partly reflecting the absence of revenue from a large equipment project in China recorded in the previous year. - FY2020-Q2AdvancedAnnual report
「Sales were ¥11,899 million, up 2.7% year on year, and operating profit was ¥511 million, up 24.9% year on year. ... Orders in Indonesia and the United States resulted in higher sales and profit.」
The Equipment segment posted a 2.7% increase in sales and a 24.9% increase in operating profit, driven by orders in Indonesia and the United States. - FY2020-Q1AdvancedAnnual report
「Sales were ¥6,374 million, up 54.7% year on year, and operating profit was ¥171 million, up 285.3% year on year. ... Overseas sales also increased substantially, with stronger demand for equipment in Indonesia and India, in addition to China, which performed well last year.」
The Equipment segment posted a 54.7% increase in sales and a 285.3% increase in operating profit, supported by revenue recognition under the percentage-of-completion method for domestic construction projects and stronger equipment demand in China, Indonesia, and India. - FY2019AdvancedAnnual report
「Sales to external customers were ¥30,514 million, up ¥10,222 million (50.4%) from the previous fiscal year. Operating profit was ¥1,125 million, up ¥269 million (31.4%).」
The Equipment segment posted a 50.4% increase in sales and a 31.4% increase in operating profit, reflecting acceptance inspections at the end of the period for large equipment construction projects. However, the disclosure notes challenging order conditions and lower profitability overseas, particularly in China. - FY2019-Q3Higher sales, lower profit, and declining profitabilityAnnual report
「Sales to external customers were ¥18,190 million, up ¥5,762 million (46.4%) from the previous fiscal year. Operating profit was ¥600 million, down ¥180 million (23.1%). Sales and profit increased in Japan, while sales rose substantially in China but profitability declined, resulting in lower profit.」
The Equipment segment posted a 46.4% increase in sales, mainly in China, while declining profitability in China led to a 23.1% decrease in operating profit. - FY2019-Q2AdvancedAnnual report
「Sales to external customers were ¥11,584 million, up ¥4,633 million (66.6%) from the previous fiscal year. Operating profit was ¥409 million, up ¥46 million (12.7%).」
The Equipment segment posted a 66.6% increase in sales and a 12.7% increase in operating profit, maintaining and expanding its return to profitability from the previous quarter. Sales increased substantially in China, although profitability declined. - FY2019-Q1Revenue increased, but the loss widenedAnnual report
「Sales to external customers were ¥4,119 million, up ¥1,663 million (67.7%) from the previous fiscal year. The operating loss was ¥92 million, with the loss widening by ¥60 million (189.2%).」
The company completed installation of equipment for automakers and related manufacturers in China, resulting in a substantial increase in sales. However, the operating loss widened because of overseas order competition and additional costs. - FY2018-Q3AdvancedAnnual report
「Sales to external customers were ¥12,427 million, up ¥962 million (8.4%) from the previous fiscal year. Operating profit was ¥781 million, up ¥291 million (59.6%). Capital investment demand from automakers in China increased, resulting in higher sales and profit.」
The Equipment segment posted an 8.4% increase in sales and a 59.6% increase in operating profit, driven by stronger capital equipment demand from Chinese automakers. - FY2018-Q2AdvancedAnnual report
「Sales to external customers were ¥6,951 million, down ¥876 million (11.2%) from the previous fiscal year. Operating profit was ¥363 million, up ¥103 million (39.9%). Because the segment's results are affected by the timing of acceptance inspections for individual projects, short-term performance comparisons are difficult. However, sales declined as users' capital investment remained sluggish both in Japan and overseas. Profitability improved overseas, and operating profit, which had remained in the red in the first quarter, turned positive.」
The Equipment segment's sales declined, but improved overseas profitability drove a shift from an operating loss in the first quarter to an operating profit. - FY2018-Q1First statedAnnual report
「Sales to external customers declined by ¥1,143 million, or 31.8%, to ¥2,456 million, while the operating loss narrowed by ¥57 million, or 64.4%, to ¥32 million. Operating loss narrowed as cost reductions progressed.」
The equipment business posted lower sales, but cost reductions narrowed the operating loss.