Decline in orders and production adjustments due to the Kumamoto Earthquake
First written in FY2017-Q1. 4 of 7 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2018-Q3.
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- FY2018-Q3MitigatedAnnual report
「In the nano/micro-technology-related business, orders for digital equipment components from major optoelectronics equipment manufacturers and others remained firm, and the continued promotion of the specific measure of strengthening sales capabilities under “Issues to Be Addressed,” namely, actively expanding horizontally into other markets and fields by leveraging the strengths and characteristics developed in functional components, began to bear fruit. As a result, both revenue and profit increased significantly.」
The disclosure states that orders for digital equipment components, which had declined due to the Kumamoto Earthquake and other factors, remained firm and that revenue and profit increased significantly. - FY2018-Q2MitigatedAnnual report
「In the nano/micro-technology-related business, revenue increased significantly as orders for digital equipment components from major optoelectronics equipment manufacturers and others recovered as a rebound from the impact of last year’s Kumamoto Earthquake and other factors, and as the company’s efforts to promote the specific measure of strengthening sales capabilities under “Issues to Be Addressed,” namely, actively expanding horizontally into other markets and fields by leveraging the strengths and characteristics developed in functional components, began to bear fruit.」
The disclosure states that orders for digital equipment components, which had declined due to the Kumamoto Earthquake and other factors, recovered as a rebound and that revenue increased significantly. The earthquake-related decline in orders has eased further. - FY2018-Q1MitigatedAnnual report
「In the nano/micro-technology-related business, revenue increased significantly as orders for digital equipment components from major optoelectronics equipment manufacturers and others recovered as a rebound from the impact of last year’s Kumamoto Earthquake and other factors, and as the company promoted the specific measure of strengthening sales capabilities under “Issues to Be Addressed,” namely, actively expanding horizontally into other markets and fields by leveraging the strengths and characteristics developed in functional components.」
The disclosure states that orders for digital equipment components, which had declined due to the Kumamoto Earthquake and other factors, recovered as a rebound, indicating that the earthquake-related decline in orders had temporarily eased. - FY2017DroppedAnnual report
「Orders for digital equipment components from major optoelectronics equipment manufacturers and others have declined slightly amid the downturn in the digital single-lens reflex camera market.」
The current fiscal year’s disclosure makes no mention of the Kumamoto Earthquake and identifies the downturn in the digital single-lens reflex camera market as the cause of the decline in orders. - FY2017-Q3WorsenedAnnual report
「In the nano/micro-technology-related business, orders from a major optoelectronics equipment manufacturer that had reduced production due to the Kumamoto Earthquake did not recover, and recovery from the production cuts through the previous quarter did not progress as expected.」
The assessment has changed from the second-quarter statement that recovery from production cuts was gradually progressing to one in which orders have not recovered and recovery has not progressed as expected. - FY2017-Q2MitigatedAnnual report
「However, efforts to recover the production cuts at customers’ facilities have gradually progressed since September. As a result, revenue from molding materials, functional and precision-molded products, and PIJ-related products was ¥228 million, down 12.9% year on year, while segment profit was ¥102 million, down 0.2%.」
Although the decline in orders due to the Kumamoto Earthquake remains, recovery from customers’ production cuts has gradually progressed since September, partially reducing the impact. - FY2017-Q1MaterialisedAnnual report
「In the nano/micro-technology-related business, orders for digital equipment components and components related to digital single-lens reflex cameras from a major optoelectronics equipment manufacturer declined due to the impact of the Kumamoto Earthquake. As a result, revenue from molding materials, functional and precision-molded products, and PIJ-related products for the cumulative first quarter was ¥96 million, down 31.9% year on year, while segment profit was ¥37 million, down 37.5%.」
The decline in orders due to the Kumamoto Earthquake materialized, resulting in lower revenue and segment profit in the nano/micro business.