Profit pressure in the Hoses and Tubes business from capital investment and increased staffing
First written in FY2019-Q1. 8 of 21 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2026.
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- FY2026MitigatedAnnual report
「Segment profit was ¥1,073 million, up ¥926 million, or 627.6%, from the previous consolidated fiscal year.」
The Hoses and Tubes Products business reported higher revenue, and segment profit also rose 627.6%. Profit pressure from capital investment, increased staffing and weak demand that had been evident through the previous fiscal year weakened substantially in the results for the current fiscal year. - 2026-05-08MitigatedEarnings
「Segment profit increased by ¥926 million, or 627.6%, year on year to ¥1.073 billion.」
Segment profit in the hose and tube products business increased substantially, indicating that the pressure on profits seen through the previous fiscal year had eased in terms of performance. The disclosure does not state that the associated cost burden had been eliminated. - FY2026-H1Lower segment profit (no reason specified)Annual report
「As a result, revenue was ¥15,944 million, up ¥2 million, or 0.0%, year on year. Segment profit was ¥202 million, down ¥137 million, or 40.5%, year on year.」
Revenue in the Hoses and Tubes Products business was roughly unchanged year on year, while segment profit fell 40.5%. This filing does not explicitly identify the cost burden from capital investment and increased staffing as a factor behind the decline in profit. - FY2025MitigatedAnnual report
「As a result, revenue was ¥31,518 million, down ¥179 million, or 0.6%, from the previous consolidated fiscal year. Segment profit was ¥147 million, up ¥139 million from the previous consolidated fiscal year.」
Although the Hoses and Tubes Products business reported lower revenue, segment profit was ¥147 million, an increase of ¥139 million from the previous year. Profit pressure from capital investment and increased staffing through the previous fiscal year has weakened in the results. - FY2025-H1MitigatedAnnual report
「As a result, revenue was ¥15,942 million, up ¥198 million, or 1.3%, year on year. Segment profit was ¥340 million, up ¥208 million, or 157.8%, year on year.」
The Hoses and Tubes Products business reported higher revenue, and segment profit also rose 157.8% year on year. Profit pressure that had been evident through the previous fiscal year weakened in the results for the current interim consolidated accounting period, but the disclosure does not state that the cost burden from capital investment and increased staffing has been eliminated. - FY2024-Q3WorsenedAnnual report
「As a result, revenue was ¥23,970 million, down ¥842 million, or 3.4%, year on year. Segment profit (operating profit) was ¥94 million, down ¥696 million, or 88.0%, year on year.」
The Hoses and Tubes Products business reported lower revenue, and segment profit fell 88.0% year on year. Weak demand for semiconductor manufacturing equipment and machine tools has continued, with profit pressure on the business increasing further from the previous quarter. - FY2024-Q2MaterialisedAnnual report
「As a result, revenue was ¥15,744 million, down ¥379 million, or 2.4%, year on year. Segment profit (operating profit) was ¥131 million, down ¥269 million, or 67.2%, year on year.」
The Hoses and Tubes Products business reported lower revenue, while segment profit also fell 67.2% year on year. Weak demand for semiconductor manufacturing equipment is reflected in the results as a factor pressuring profit, but this disclosure does not explicitly cite the cost burden from capital investment and increased staffing. - FY2024-Q1WorsenedAnnual report
「For Hose and Tube Products, domestic automotive demand showed a recovery trend as semiconductor shortages eased, although demand from the semiconductor manufacturing equipment sector was sluggish. Overseas, demand from the automotive and construction machinery sectors remained solid outside China. As a result, revenue declined by ¥106 million, or 1.3%, year on year to ¥782.1 million. Segment profit (operating profit) declined by ¥190 million, or 75.7%, year on year to ¥61 million.」
The Hoses and Tubes Products business reported lower revenue due to weak demand for semiconductor manufacturing equipment, and segment profit fell 75.7% year on year. Profit pressure in the business has re-emerged due to demand factors, rather than the cost burden from capital investment and increased staffing seen previously. - FY2022MitigatedAnnual report
「As a result, revenue was ¥3.2113 billion, compared with ¥2.6776 billion in the previous fiscal year. Revenue decreased by ¥24 million due to the application of the revenue recognition accounting standard and other standards. Segment profit was ¥1.526 billion, an increase of ¥623 million, or 69.1%, from the previous fiscal year.」
The Hose and Tube Products business recorded revenue of ¥3.2113 billion and segment profit of ¥1.526 billion, while the profit pressure from capital investment, increased headcount and weak demand through the previous period weakened in the reported results. - FY2022-Q3MitigatedAnnual report
「For Hose and Tube Products, demand from the semiconductor manufacturing equipment and construction machinery sectors remained strong both in Japan and overseas. Automotive demand slowed due to the impact of semiconductor shortages and other factors. As a result, revenue was ¥2.409 billion, compared with ¥1.8641 billion in the same quarter of the previous year. Revenue decreased by ¥12 million due to the application of the revenue recognition accounting standard and other standards. Segment profit was ¥1.268 billion, an increase of ¥831 million, or 190.2%, year on year.」
In the Hose and Tube Products business, strong demand from the semiconductor manufacturing equipment and construction machinery sectors drove a 190.2% year-on-year increase in segment profit. Although the impact of semiconductor shortages remains in automotive products, the previous profit pressure from capital investment and increased headcount weakened in the results for the current quarter. - FY2022-Q2MitigatedAnnual report
「For Hose and Tube Products, demand from the semiconductor manufacturing equipment and construction machinery sectors remained strong both in Japan and overseas. Automotive demand was sluggish due to the impact of semiconductor shortages and other factors, although it showed a recovery trend year on year. As a result, revenue was ¥1.6183 billion, compared with ¥1.1824 billion in the same quarter of the previous year. Revenue decreased by ¥7 million due to the application of the revenue recognition accounting standard and other standards. Segment profit (operating profit) was ¥959 million, an increase of ¥893 million year on year.」
Demand from the semiconductor manufacturing equipment and construction machinery sectors was strong, and automotive demand recovered year on year, resulting in a ¥893 million year-on-year increase in segment profit. The previous profit pressure associated with capital investment and increased headcount continued to weaken in the results for the current quarter. - FY2022-Q1MitigatedAnnual report
「For Hose and Tube Products, demand from the semiconductor manufacturing equipment and construction machinery sectors remained strong both in Japan and overseas, while demand from the automotive industry recovered significantly year on year. As a result, revenue was ¥814 million, compared with ¥607.9 million in the same quarter of the previous year. Revenue decreased by ¥17 million due to the application of the revenue recognition accounting standard and other standards. Segment profit (operating profit) was ¥552 million, an increase of ¥502 million year on year.」
Demand from the semiconductor manufacturing equipment and construction machinery sectors was strong, and automotive demand also recovered significantly, resulting in a ¥502 million year-on-year increase in segment profit. The profit pressure from capital investment and increased headcount that had materialized through the previous period weakened in the results for the current quarter. The text does not state that the cost burden itself was eliminated. - FY2021-Q3WorsenedAnnual report
「As a result, revenue declined by ¥3.721 billion, or 16.6%, year on year to ¥1.8641 billion, while segment profit (operating profit) declined by ¥589 million, or 57.4%, to ¥437 million.」
The Hose and Tube Products business shifted to a decline in revenue, and the segment profit decline widened from 47.5% in the previous quarter to 57.4%. Although recovery was seen in automotive and construction machinery demand in the third quarter, demand remained sluggish on a cumulative basis. - FY2020WorsenedAnnual report
「As a result, revenue declined by ¥3.692 billion, or 11.1%, from the previous fiscal year to ¥2.956 billion. Segment profit declined by ¥1.488 billion, or 53.7%, to ¥1.284 billion due to the impact of higher depreciation expense from capital investment and higher labor costs from increased headcount, among other factors.」
The Hose and Tube Products business shifted to a decline in revenue, while segment profit declined 53.7% amid the burden of depreciation and labor costs arising from capital investment and increased headcount, further intensifying profit pressure. - FY2020-Q3WorsenedAnnual report
「For Hose and Tube Products, domestic demand from the automotive sector remained solid, but demand from the construction machinery and semiconductor manufacturing equipment sectors was sluggish. Overseas demand from the construction machinery, semiconductor manufacturing equipment and automotive sectors was sluggish. As a result, revenue declined by ¥2.77 billion, or 11.0%, year on year to ¥2.2363 billion, while segment profit (operating profit) declined by ¥1.236 billion, or 54.6%, to ¥1.026 billion.」
Revenue in the Hose and Tube Products business declined 11.0%, while segment profit declined 54.6%. Sluggish demand from the construction machinery and semiconductor manufacturing equipment sectors, among others, combined with the cost burden from existing capital investment and increased headcount, causing profit pressure to expand from the 47.5% decline in the previous quarter. - FY2020-Q2WorsenedAnnual report
「As a result, revenue declined by ¥1.137 billion, or 6.9%, year on year to ¥1.532 billion. Segment profit (operating profit) declined by ¥668 million, or 47.5%, to ¥738 million due to higher depreciation expense from capital investment and higher labor costs from increased headcount, among other factors.」
The Hose and Tube Products business shifted to a decline in revenue, while the segment profit decline widened to 47.5% due to higher depreciation expense related to capital investment and higher labor costs from increased headcount. - FY2020-Q1WorsenedAnnual report
「As a result, revenue declined by ¥434 million, or 5.4%, year on year to ¥768 million. Segment profit (operating profit) declined by ¥286 million, or 43.3%, to ¥376 million due to higher depreciation expense from capital investment and higher labor costs from increased headcount, among other factors.」
In the Hose and Tube Products business, segment profit declined 43.3% year on year due to lower revenue, higher depreciation expense related to capital investment and higher labor costs from increased headcount. The degree of profit pressure increased from the 19.8% decline in the same period of the previous year. - FY2019MaterialisedAnnual report
「As a result, revenue increased by ¥598 million, or 1.8%, from the previous fiscal year to ¥3.3248 billion. Segment profit declined by ¥277 million, or 9.1%, to ¥2.773 billion due to higher labor and depreciation expenses, among other factors.」
In the Hose and Tube Products business, revenue increased, but segment profit declined 9.1% due to higher labor and depreciation expenses, among other factors, indicating that the profit pressure from capital investment and increased headcount has materialized on a full-year basis. - FY2019-Q3MaterialisedAnnual report
「As a result, revenue increased by ¥652 million, or 2.7%, year on year to ¥2.5134 billion. However, segment profit (operating profit) declined by ¥247 million, or 9.9%, to ¥2.262 billion due to higher depreciation expense from capital investment and higher labor costs from increased headcount, among other factors.」
In the Hose and Tube Products business, revenue increased, but higher depreciation expense related to capital investment and higher labor costs from increased headcount pressured segment profit, which declined 9.9% year on year. - FY2019-Q2MaterialisedAnnual report
「As a result, revenue increased by ¥404 million, or 2.5%, year on year to ¥1.6458 billion. However, segment profit (operating profit) declined by ¥219 million, or 13.5%, to ¥1.406 billion due to higher depreciation expense from capital investment and higher labor costs from increased headcount, among other factors.」
In the Hose and Tube Products business, revenue increased, but higher depreciation expense related to capital investment and higher labor costs from increased headcount pressured segment profit, which declined 13.5% year on year. - FY2019-Q1First statedAnnual report
「As a result, revenue increased by ¥97 million, or 1.2%, year on year to ¥811 million. However, segment profit (operating profit) declined by ¥163 million, or 19.8%, to ¥662 million due to higher depreciation expense from capital investment and higher labor costs from increased headcount, among other factors.」
In the Hose and Tube Products business, revenue increased, but higher depreciation expense related to capital investment and higher labor costs from increased headcount pressured segment profit, which declined 19.8% year on year.