Growing demand for injection molding machines, robots, food, and logistics
First written in FY2018-Q3. 7 of 25 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 7 of 24 companies on the "Worse" side.
17 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Sales in the industrial machinery segment increased. Demand for agricultural machinery expanded, while demand related to semiconductor robots and injection molding machines remained firm, resulting in sales above the same period of the previous year.」
In Japan's industrial machinery segment, sales exceeded the same period of the previous year as demand for agricultural machinery and semiconductor-related robots and injection molding machines expanded or remained firm. - FY2026-H1AdvancedAnnual report
「Sales in the industrial machinery segment increased. Sales of power transmission belts increased as demand from the agricultural machinery, injection molding machine, and robotics industries recovered. Sales of resin conveyor belts also remained strong for logistics warehouses and food factories.」
In the domestic business, demand from the agricultural machinery, injection molding machine, and robotics industries recovered, while sales of resin conveyor belts for logistics warehouses and food factories also remained strong. - FY2025AdvancedAnnual report
「In the industrial machinery segment, sales of power transmission belts performed well as production increased at some users, including injection molding machine and robotics manufacturers. Sales of rubber conveyor belts for heavy-material handling remained strong, while sales of resin conveyor belts for food factories also increased.」
Increases or sustained strength in sales were reported for injection molding machines and robotics, rubber conveyor belts for heavy-material handling, and resin conveyor belts for food factories. - FY2025-H1Increase in domestic demand with differences by segmentAnnual report
「In the automotive parts segment, sales for new vehicles were broadly in line with the previous year, while sales increased because truck products performed well in the aftermarket. In the industrial machinery segment, sales of power transmission belts were broadly in line with the previous year, while sales of rubber conveyor belts remained strong. Meanwhile, sales of synthetic resin materials for semiconductor and liquid-crystal equipment were weak.」
In the domestic belt business, aftermarket sales of truck belts and sales of rubber conveyor belts were strong, while sales of synthetic resin materials for semiconductor and liquid-crystal equipment were weak. - FY2024-Q3Continued variation by segment in the domestic belt businessAnnual report
「Automotive belt sales increased as production recovered after customers' production cuts caused by the semiconductor shortage were resolved, trending above the same period of the previous year. Although orders for financial terminals were strong ahead of the Bank of Japan's banknote redesign in July 2024, sales of general industrial belts declined due to downturns in markets including injection molding machines, machine tools, and robotics. Sales of conveyor belts declined because sales of repair belts for food factories remained strong but sales for semiconductor manufacturing equipment were weak. Sales of synthetic resin materials declined because large projects decreased compared with the same period of the previous year.」
Domestic demand continued to vary by segment: automotive belts increased as production recovered, while general industrial belts, conveyor belts, and synthetic resin materials declined due to the market downturn, weak sales to semiconductor manufacturing equipment customers, and a decline in large projects, respectively. - FY2024-Q2Continued variation by segment in the domestic belt businessAnnual report
「Automotive belt sales increased as users' production recovered from the cuts caused by the semiconductor shortage in the previous fiscal year and remained above the previous fiscal year's level. General industrial belt sales declined because, despite strong orders for financial terminals, markets such as injection molding machines and machine tools deteriorated. Conveyor belt sales declined because sales of replacement belts for food factories remained strong, but demand from the logistics industry was sluggish. Sales of synthetic resin materials declined as a result of lower production of semiconductor manufacturing equipment and liquid crystal display manufacturing equipment.」
Domestic demand continued to vary by segment: automotive belts increased as production recovered, while general industrial belts, conveyor belts, and synthetic resin materials declined due to the market downturn and lower production. - FY2024-Q1Deterioration by domestic demand segment; recovery in automotive demandAnnual report
「Automotive belt sales remained above the level of the same period of the previous year as users' production recovered from the cuts caused by the semiconductor shortage in the previous fiscal year. General industrial belt sales declined because, despite strong orders for financial terminals, markets such as injection molding machines and machine tools deteriorated. Conveyor belt sales declined as production of semiconductor manufacturing equipment and liquid crystal display manufacturing equipment decreased. Sales of synthetic resin materials also declined as a result of lower production of semiconductor manufacturing equipment and liquid crystal display manufacturing equipment, as with conveyor belts.」
Domestic demand was not uniform: automotive belt demand tended to exceed the same period of the previous year as production recovered, while demand and sales related to injection molding machines, machine tools, and semiconductor and liquid-crystal manufacturing equipment declined. - FY2023Slight decline in general industrial belts; increases in conveyor belts and other productsAnnual report
「Sales of general industrial belts declined slightly overall, although sales for injection molding machines remained strong, due in part to users' difficulty procuring parts. Meanwhile, sales of conveyor belts increased as demand from the food industry recovered and sales to large logistics facilities remained strong. Sales of synthetic resin materials also increased, reflecting recovering demand and expanded sales of core products such as cast nylon.」
General industrial belts declined slightly due to difficulty procuring parts, while conveyor belts for the food and logistics industries and synthetic resin materials increased as demand recovered and sales expanded. - FY2023-Q3General industrial belts declined; increases in other segments continuedAnnual report
「General industrial belts declined, reflecting factors including customer production adjustments due to the semiconductor shortage. Meanwhile, conveyor belts increased as sales to both the food and logistics industries remained strong and aftermarket demand began to recover. In addition, sales of synthetic resin materials increased, supported by market recovery and expanded sales activities for core products such as cast nylon.」
Domestic demand diverged by segment: general industrial belts declined due to customer production adjustments caused by the semiconductor shortage, while conveyor belts and synthetic resin materials increased as demand from the food and logistics industries recovered and sales of core products expanded. - FY2023-Q2Domestic demand recovery with variation by segmentAnnual report
「Sales of automotive belts increased, supported by the launch of new models of system products for four-wheeled vehicles, while aftermarket sales of belts for buses and trucks also increased. However, demand for two-wheeled vehicles declined as users adjusted inventories, resulting in a slight overall increase. Sales of general industrial belts declined due in part to production cuts caused by parts shortages at major users. Meanwhile, sales of conveyor belts increased as sales to both the food and logistics industries remained strong. In addition, sales of synthetic resin materials increased, supported by market recovery and expanded sales activities for core products.」
Domestic demand was not uniform: automotive belts increased slightly overall, general industrial belts declined due to production cuts caused by parts shortages, and conveyor belts and synthetic resin materials increased. Recovery driven by food and logistics demand and expanded sales of core products became evident. - FY2023-Q1Shift to increases and decreases by domestic demand segmentAnnual report
「Sales of automotive belts declined due to production cuts by customers affected by COVID-19 and the semiconductor shortage. Sales of general industrial belts also declined, affected by production adjustments at users such as agricultural machinery manufacturers. Meanwhile, sales of conveyor belts increased as demand from the food industry recovered, large warehouse projects in the logistics industry progressed well, and sales of new products remained strong. Sales of synthetic resin materials also increased, reflecting the acquisition of new orders through expanded sales activities.」
Domestic demand did not recover uniformly: automotive and agricultural machinery applications declined, while conveyor belts for the food and logistics industries, new products, and synthetic resin materials increased. - FY2022-Q3RestatedAnnual report
「In the domestic belt business, demand recovered across all industries as the economic activity of major customers showed signs of recovery compared with the same period of the previous year. Although customers adjusted production due to the semiconductor shortage, sales of automotive belts for assembly lines increased as production recovered, and sales to the aftermarket also increased. Sales of general industrial belts remained strong for injection molding machines and robotics, while sales for agricultural machinery increased, supported by government subsidies. Sales of conveyor belts for the food and logistics industries increased as those markets recovered. Sales of synthetic resin materials also increased compared with the same period of the previous year.」
Recovery in demand and sales across a broad range of applications, including automotive, injection molding machines and robotics, agricultural machinery, food, and logistics, continued as major customers' economic activity recovered. - FY2022-Q2AdvancedAnnual report
「In the domestic belt business, demand recovered across all industries as the economic activity of major customers showed signs of recovery compared with the same period of the previous year. Although customers adjusted production due to the semiconductor shortage, sales of automotive belts for assembly lines increased as production recovered, and sales to the aftermarket also increased. Sales of general industrial belts remained strong for injection molding machines, machine tools, and robotics, while sales for agricultural machinery increased, supported by government subsidies. Sales of conveyor belts for the food and logistics industries increased as those markets recovered. Sales of synthetic resin materials also increased compared with the same period of the previous year.」
As major customers' economic activity recovered, recovery in demand and sales became evident across a broad range of domestic belt applications, including automotive, injection molding machines, machine tools, robotics, agricultural machinery, food, and logistics. - FY2022-Q1Recovery in domestic and overseas demandAnnual report
「In the domestic belt business, demand recovered across all industries as the economic activity of major customers showed signs of recovery compared with the same period of the previous year. Sales of automotive belts for assembly lines increased as domestic manufacturers' production recovered. Sales of general industrial belts increased alongside recovering demand from the machine tool and robotics industries, while aftermarket demand from the agricultural machinery industry also remained strong. Sales of conveyor belts for both the food and logistics industries increased.」
In the domestic belt business, where demand had continued to decline due to the impact of COVID-19, demand for automotive, machine tool and robotics, agricultural machinery, and food and logistics applications recovered as major customers' economic activity resumed. The overseas belt business also reported recovering demand in Asia, Europe, and the United States. - FY2021-Q3Partial recovery in overseas demand; domestic weakness continuedAnnual report
「Although sales of automotive belts for assembly lines and the aftermarket were trending upward as customers' production recovered, sales declined because of the steep drop through the second quarter. Meanwhile, sales of general industrial belts, conveyor belts, and synthetic resin materials also declined as domestic companies' production activity remained weak.」
Sales of general industrial belts, conveyor belts, and synthetic resin materials continued to decline due to weak production activity at domestic companies, while automotive belt sales trended upward as customers' production recovered. - FY2021-Q2RestatedAnnual report
「Sales of automotive belts declined due to factors including production stoppages at customers' plants and weak export demand resulting from the impact of COVID-19. Sales of general industrial belts, conveyor belts, and synthetic resin materials also declined as domestic companies' production activity weakened.」
In the domestic belt business, sales of general industrial belts, conveyor belts, and synthetic resin materials declined in addition to automotive belts, as domestic companies' production activity weakened, and the impact of lower demand continued. - FY2021-Q1Shift to declining demand due to COVID-19Annual report
「General industrial belts were affected by a significant decline in domestic companies' production activity caused by supply chain disruptions. Sales of conveyor belts and synthetic resin materials also declined for the same reason.」
Demand for injection molding machines and robotics, food and logistics, and capital investment-related products had previously been described as firm, but this quarter sales of general industrial belts, conveyor belts, and synthetic resin materials declined due to supply chain disruptions and lower production activity at domestic companies. - FY2020-Q3More pronounced market downturnAnnual report
「Sales of general industrial belts declined sharply due to downturns in markets such as injection molding machines and machine tools. Sales of synthetic resin materials declined as companies restrained capital investment. Meanwhile, although sales of resin belts for the food industry declined slightly, sales of rubber conveyor belts were strong, leaving overall conveyor belt sales broadly unchanged.」
Demand for general industrial applications, including injection molding machines and robotics, had previously been described as firm or increasing, but a sharp decline in revenue due to downturns in the injection molding machine and machine tool markets was reported. Sales of synthetic resin materials also declined as companies restrained capital investment. - FY2020-Q2RestatedAnnual report
「Meanwhile, sales of general industrial and conveyor belts declined due to the overall market downturn.」
Sales of general industrial and conveyor belts continue to decline amid the overall market downturn. - FY2020-Q1Changed to declining demandAnnual report
「Meanwhile, sales of general industrial and conveyor belts declined, reflecting factors including lower demand from the injection molding machine industry.」
Demand from the injection molding machine industry, previously described as firm or increasing, was described this quarter as having declined, with the impact reflected in lower sales. - FY2019-Q3RestatedAnnual report
「Sales of general industrial belts increased as demand from the injection molding machine and robotics industries remained firm. Sales of conveyor belts for the food and logistics industries also remained strong, while sales of synthetic resin materials increased on rising demand driven by corporate capital investment.」
Demand and sales related to injection molding machines and robotics, food and logistics, and corporate capital investment remained firm or increased. - FY2019-Q2RestatedAnnual report
「Sales of general industrial belts increased as demand from the injection molding machine and robotics industries remained firm. Sales of conveyor belts for the food and logistics industries also remained strong, while sales of synthetic resin materials increased on rising demand driven by corporate capital investment.」
Demand and sales related to injection molding machines and robotics, food and logistics, and corporate capital investment remained firm or increased. - FY2019-Q1RestatedAnnual report
「Revenue from general industrial belts increased as sales of large timing belts for injection molding machines and metal products remained strong. Revenue from conveyor belts for logistics applications, including airports and logistics centers, also grew, while revenue from synthetic resin materials remained solid, supported by increased corporate capital investment.」
The Company confirmed that sales and demand were solid or increasing for injection molding machines, logistics applications, and areas related to corporate capital investment. - FY2018RestatedAnnual report
「Revenue from general industrial belts increased significantly as sales of large timing belts for injection molding machines and products made of metal remained strong. Revenue from conveyor belts for the logistics industry also increased with the expansion of the e-commerce market, while revenue from synthetic resin materials increased mainly for semiconductor and LCD manufacturing equipment.」
The Company confirmed in its full-year results increased demand and sales for injection molding machines and robots, e-commerce and logistics, and semiconductor and LCD manufacturing equipment. - FY2018-Q3First statedAnnual report
「Revenue from general industrial belts remained strong due to rising demand from the injection molding machine and robotics industries. Revenue from conveyor belts for the food and logistics industries also remained strong, while revenue from synthetic resin materials increased, mainly for automotive-related components.」
The Company first reported the business fact that demand or revenue was strong or increasing for injection molding machines and robots, food and logistics, and automotive-related components.