New models and market-share gains in the automotive equipment business

「Meanwhile, some customers deferred purchases while awaiting a decision on the subsidy rate under the government-subsidized project, deferring sales from the interim period. A recovery is expected from the third quarter onward.」

「The core rollover car wash business grew sharply in the service-station channel under the subsidy program for government-funded programs, substantially exceeding the initial forecast.」

「The core gantry-type car wash systems experienced a substantial delay in service-station sales due to delays in subsidy approvals under government-subsidized projects, while sales to car dealerships remained steady as the company captured demand for more efficient maintenance operations.」

「The core gantry-type car wash systems saw service-station sales slow this period because they became ineligible for the subsidy program, compared with the substantial increase in the year-earlier period under the program. However, sales remained close to the year-earlier level, supported by investment appetite aimed at increasing non-fuel revenue. Sales to car dealerships grew on demand for more efficient maintenance operations.」

「The core gantry-type car wash systems were excluded from the subsidy program under government-subsidized projects for service stations, but sales grew, supported by strong investment appetite aimed at increasing non-fuel revenue as mobility shifted toward electrification for a decarbonized society. Sales to car dealerships also remained strong, driven by demand for more efficient maintenance operations, as in the previous year.」

「The core gantry-type car wash systems saw investment by service stations become more active due to the effects of subsidies under government-subsidized projects. Sales to car dealerships grew as the company captured demand arising from the streamlining of maintenance operations, and the plant continued to operate at high capacity throughout the year.」

「The core rollover car wash business grew in the service-station channel, supported by strong capital investment appetite to increase non-fuel revenue and the impact of subsidies under government-funded programs. Sales to car dealers remained at about the previous year's level. In oil equipment, tanker sales remained solid, partly because of the impact of government subsidies.」

「The core rollover car wash business grew in the service-station channel, supported by strong capital investment appetite to increase non-fuel revenue, together with the impact of subsidies under government-funded programs.」

「The core rollover car wash business grew in the service-station channel, supported by strong capital investment appetite to increase non-fuel revenue as mobility electrification progressed toward a decarbonized society, while the car-dealer channel remained at about the previous year's level. In oil equipment, tanker sales remained solid, supported mainly by the order backlog at the end of the previous period.」

「The core rollover car wash business grew in the service-station channel as capital investment increased following the launch of government-funded programs, while sales to car dealers grew on demand for labor-saving servicing. In oil equipment, tanker sales performed well following the launch of government-funded programs. As a result, revenue totaled ¥14.314 billion, compared with ¥13.378 billion in the same quarter of the previous year.」

「The core gantry-type car wash systems saw investment by service stations become more active with the launch of government-subsidized projects despite the continuing impact of COVID-19, while sales to car dealerships grew on demand arising from the streamlining of maintenance operations. Oil-service equipment also performed steadily, mainly due to air-conditioning service machine sales.」

「In automotive equipment, capital investment was deferred from the period as a result of delays in government-subsidized projects, but is expected to recover from midyear onward,」

「As a result, revenue from the Mobility & Services business totaled ¥16.809 billion, up 2.5% from the previous period.」

「The core rollover car wash business remained solid in the service-station channel, supported by resilient capital investment appetite despite the continuing impact of COVID-19. In the car-dealer channel, capital investment grew on higher demand resulting from the recovery in new vehicle sales and the need to reduce servicing labor. In oil equipment, growth in air-conditioning refrigerant service machines slowed after the peak summer season, but sales remained above the previous year's level. As a result, revenue increased 5.4% year on year to ¥13.378 billion.」

「The core rollover car wash business remained solid in the service-station channel, supported by strong capital investment appetite despite the continuing impact of COVID-19. In the car-dealer channel, capital investment grew as new vehicle sales began to recover. In oil equipment, demand recovered, mainly for air-conditioning refrigerant service machines, and exceeded the previous year's level.」

「The core rollover car wash business remained solid in the service-station channel, supported by strong capital investment appetite despite the continuing impact of COVID-19. Car wash equipment for car dealers grew as the order backlog at the end of the previous period contributed to sales. In oil equipment, demand was recovering, mainly for air-conditioning refrigerant service machines, and exceeded the previous year's results.」

「Sales of the mainstay gantry car washes to service stations increased substantially on proactive consultative sales activities while thoroughly implementing measures to prevent COVID-19 infections, driven by expectations of higher non-fuel revenue, although sales to car dealerships were somewhat sluggish.」

「The core rollover car wash business grew in the service-station channel as the company actively pursued consultative sales while thoroughly implementing measures to prevent COVID-19 infections, but growth in the car-dealer channel was modest. In oil equipment, as new vehicle air-conditioning systems increasingly adopted the new refrigerant, demand grew mainly among car dealers for air-conditioning refrigerant service machines compatible with both conventional and new refrigerants. Demand for other service equipment was recovering but remained sluggish and below the previous year's level. As a result, revenue declined 0.2% year on year to ¥12.69 billion.」

「Sales of the mainstay gantry car washes to service stations increased as a result of proactive consultative sales activities while thoroughly implementing measures to prevent COVID-19 infections, but sales to car dealerships remained at approximately the previous year's level due to restrained investment. Oil-related equipment was affected by reduced pit operations to prevent infections amid the COVID-19 pandemic, and demand for service equipment such as air-conditioning refrigerant service machines declined, falling significantly below the previous year's level.」

「The mainstay gantry car washes for both service stations and car dealerships remained at approximately the previous fiscal year's level, supported by order backlogs from the prior year amid the spread of COVID-19. In contrast, oil-related equipment fell significantly below the previous year's level as pit operations were substantially reduced to prevent infections, lowering demand for service equipment such as air-conditioning refrigerant service machines. As a result, revenue was ¥3.715 billion, down 1.8% year on year.」

「In oil equipment, air-conditioning gas cleaning machines grew, helped by the launch of new products compatible with new refrigerants for vehicle air-conditioning systems.」

「The core rollover car wash business grew in the service-station channel as customers made active capital investments in anticipation of higher non-fuel revenue, but growth in the car-dealer channel was modest as capital investment paused. In oil equipment, revenue from kerosene delivery tankers using government subsidies declined because Typhoon Hagibis caused disaster damage at a supplier, resulting in partial production delays and other disruptions. As a result, revenue increased 2.8% year on year to ¥12.713 billion.」

「In oil equipment, air-conditioning refrigerant service machines performed well, helped by the launch of new products compatible with new refrigerants for vehicle air-conditioning systems. The core rollover car wash business grew in the service-station channel as customers made active capital investments in anticipation of higher non-fuel revenue, but growth in the car-dealer channel was modest as capital investment paused.」

「The core rollover car wash business grew in the service-station channel as customers made active capital investments in anticipation of higher non-fuel revenue, but growth in the car-dealer channel was modest as capital investment paused. Meanwhile, air-conditioning refrigerant service machines performed well in the oil equipment business. As a result, revenue increased 5.3% year on year to ¥3.782 billion.」

「The core rollover car wash business remained solid, supported by car dealers' appetite for capital investment, but struggled at service stations partly because it was excluded from government-supported programs. In oil equipment, kerosene delivery tankers performed well with the support of government subsidies, while construction-equipment washers and air-conditioning gas cleaning machines for rental companies grew. Sales in the services segment also increased, driven by demand for service-station renovations following the integration of petroleum distributors. As a result, revenue from the Auto Equipment business totaled ¥13.481 billion, up 3.1% from the previous period.」

「Sales of the mainstay gantry car washes struggled because service-station car washes were no longer eligible for the government subsidy program, but sales of car washes for car dealerships increased due to the impact of new models. Revenue in the service business also increased as demand for service-station renovations rose following the consolidation of petroleum distributors. In oil-related equipment, kerosene delivery tankers performed well through the use of the government subsidy program. As a result, revenue was ¥11.02 billion, up 3.8% year on year.」

「The core rollover car wash business struggled because car washes for service stations were excluded from the government subsidy program, while sales to car dealers grew on the back of new models. In oil equipment, air-conditioning refrigerant service machines performed well amid record-high temperatures, and hot-water spray car washes also exceeded the previous year's results. As a result, revenue declined 1.0% year on year to ¥6.89 billion.」

「Sales of the mainstay gantry car washes to service stations struggled because service-station car washes were no longer eligible for the government subsidy program, but sales to car dealerships increased on the strong appetite for capital investment that had continued from the previous year. In oil-related equipment, hot-water spray car washes and air-conditioning refrigerant service machines performed well. As a result, revenue was ¥3.228 billion, up 1.0% year on year.」

「The mainstay gantry car washes performed steadily in both units and value, supported by car dealerships' willingness to invest in equipment, but sales in the service-station channel remained sluggish due to the scaling back of government support programs promoting the adoption of energy-saving equipment, resulting in lower revenue overall. In oil equipment, demand for spray car washes increased, but air-conditioner gas cleaning machines and CVT & AT changers were affected by intense price competition, resulting in a slight decline in revenue overall.」

「The mainstay gantry car washes exceeded the previous year's results as sales to car dealerships and repair shops remained strong, although the effects of the government subsidy program were beginning to fade. In oil equipment, sales volumes of spray car washes and oil changers increased, while kerosene delivery tank trucks remained sluggish. As a result, sales decreased 1.1% year on year to ¥10,604 million.」

「The mainstay gantry car washes performed steadily as demand in the service station industry remained strong due to the government subsidy program, which continued from the previous year, while car dealerships and service garages made proactive investments, including in new facilities. In oil-related equipment, unit sales of CVT and AT automatic changers and air-conditioning refrigerant service machines increased, reflecting strong interest in non-fuel revenue among service stations. As a result, revenue was ¥6.963 billion, up 2.3% year on year.」

「Sales of the mainstay gantry car washes to car dealerships struggled, but unit sales of car washes for service stations increased due to the government subsidy program, which continued from the previous year. Kerosene delivery tankers and hot-water spray car washes also performed well. As a result, revenue was ¥3.196 billion, up 6.9% year on year.」

「In oil equipment, the launch of new air-conditioner gas cleaning machines and CVT & AT changers, together with proactive efforts to expand sales channels, bore fruit and steadily increased sales, offsetting the decline in demand for delivery tank trucks. As a result, total sales in the automotive equipment business decreased 1.9% from the previous fiscal year to ¥13,168 million.」

「Sales of the company's main product, gantry car washes, were somewhat sluggish, partly due to reduced government subsidies, but sales to car dealerships and service garages exceeded the previous year's level. In oil-related equipment, sales of spray car washes and CVT and AT changers were strong, while sales of kerosene delivery tankers struggled. As a result, revenue was ¥10.71 billion, down 1.4% year on year.」

「In oil equipment, sales volumes of CVT & AT automatic transmission fluid changers and air-conditioner refreshers increased on the strength of new models. As a result, sales increased 2.0% year on year to ¥6,809 million.」

「Sales volumes of the mainstay gantry car washes remained sluggish in the service-station channel due to delays in government subsidy approvals, but sales of premium self-service models grew, and sales through car dealerships also remained strong. As a result, sales increased 2.7% year on year to ¥2,989 million.」