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Kyowakogyosyo (5971) · TargetAutomotive-related revenue down; industrial machinery and other revenue upLatest Earnings (2026-09-10): "Other"

Developing demand in non-construction machinery markets and expanding the earnings base

First written in FY2016. 4 of 34 entries say "Restated". Latest entry: 2026-09-10.

34entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – 2026-09-102016: 120162017: 120172018: 320182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 42026
Same theme, other companies
Expansion into non-construction machinery fields away from dependence on construction machineryA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. 2026-09-10OtherEarnings

    「Revenue in the construction machinery segment was ¥2,850 million (up 4.2% year on year, an increase of ¥116 million). Revenue in the automotive-related segment was ¥22 million (down 17.7%, a decrease of ¥4 million). Revenue in the industrial machinery segment was ¥26 million (down 6.3%, a decrease of ¥1 million). Revenue in the other segment was ¥84 million (up 35.4%, an increase of ¥22 million).」

    Outside construction machinery, revenue declined in the automotive-related and industrial machinery segments, while the other segment increased, resulting in divergent segment performance.
  2. FY2026Automotive-related revenue down; industrial machinery and other revenue upAnnual report

    「We will focus on developing demand fields outside the construction machinery business. Revenue in the Automotive-related segment was ¥102 million, down 2.4% from the previous fiscal year, or ¥2 million. Revenue in the Industrial machinery segment was ¥103 million, up 1.9%, or ¥1 million. Revenue in the Other segment was ¥250 million, up 0.3%, or ¥0 million.」

    The policy of developing demand fields outside the construction machinery business remains in place. In the fiscal year ending April 2026, the Automotive-related segment recorded lower revenue, while the Industrial machinery and Other segments recorded higher revenue.
  3. FY2026-H1Some non-construction machinery segments return to revenue growthAnnual report

    「“Automotive-related”: Revenue was ¥48 million, up 10.3% year on year, or ¥4 million. “Industrial machinery”: Revenue was ¥51 million, up 8.5%, or ¥4 million. “Other”: Revenue was ¥120 million, down 4.0%, or ¥5 million.」

    In the non-construction machinery businesses, the Automotive-related and Industrial machinery segments returned to year-on-year revenue growth, while the Other segment recorded lower revenue, resulting in divergent performance by segment.
  4. FY2025RestatedAnnual report

    「We will focus on developing demand fields outside the construction machinery business. Revenue in the Automotive-related segment was ¥104 million, down 26.4% from the previous fiscal year, or ¥37 million. Revenue in the Industrial machinery segment was ¥101 million, down 0.6%, or ¥0 million. Revenue in the Other segment was ¥249 million, down 1.1%, or ¥2 million.」

    The policy of developing demand outside the construction machinery business remains in place. All 3 segments, Automotive-related, Industrial machinery and Other, recorded lower revenue year on year in the current fiscal year as well.
  5. FY2025-H1All 3 non-construction machinery segments post lower revenueAnnual report

    「“Automotive-related”: Revenue was ¥43 million, down 38.3% year on year, or ¥27 million. “Industrial machinery”: Revenue was ¥47 million, down 11.7%, or ¥6 million. “Other”: Revenue was ¥125 million, down 9.1%, or ¥12 million.」

    All 3 non-construction machinery segments, Automotive-related, Industrial machinery and Other, recorded lower revenue year on year. Results in each segment declined during the six-month period ended September 2023, against the theme of expanding the earnings base by developing demand outside the construction machinery business.
  6. FY2024Non-construction machinery segment ratio flat, with performance diverging by segmentAnnual report

    「Revenue in the Automotive-related segment was ¥142 million, up 13.8% from the previous fiscal year, or ¥17 million. Revenue in the Industrial machinery segment was ¥102 million, down 17.7%, or ¥21 million. Revenue in the Other segment was ¥252 million, down 26.8%, or ¥92 million.」

    The non-construction machinery businesses accounted for the same 4.5% as in the previous fiscal year, but performance diverged by segment, with higher revenue in Automotive-related and lower revenue in Industrial machinery and Other.
  7. FY2024-Q3Performance diverges among the non-construction machinery segmentsAnnual report

    「“Automotive-related”: Revenue was ¥100 million, up 6.4% year on year, or ¥6 million. “Industrial machinery”: Revenue was ¥81 million, down 10.5%, or ¥9 million. “Other”: Revenue was ¥196 million, down 22.6%, or ¥57 million.」

    Where all 3 non-construction machinery segments had posted lower revenue through the previous quarter, the Automotive-related segment returned to revenue growth in the third quarter, while the Industrial machinery and Other segments recorded lower revenue.
  8. FY2024-Q2All 3 non-construction machinery segments post lower revenueAnnual report

    「“Automotive-related”: Revenue was ¥70 million, down 1.5% year on year, or ¥1 million. “Industrial machinery”: Revenue was ¥53 million, down 16.2%, or ¥10 million. “Other”: Revenue was ¥138 million, down 20.2%, or ¥35 million.」

    In the non-construction machinery businesses, all 3 segments, Automotive-related, Industrial machinery and Other, recorded lower revenue year on year. As in the previous quarter, results remained weak relative to the objective of expanding the earnings base by developing new demand fields.
  9. FY2024-Q1Lower revenue continues across the 3 non-construction machinery segmentsAnnual report

    「“Automotive-related”: Revenue was ¥33 million, down 2.4% year on year, or ¥0 million. “Industrial machinery”: Revenue was ¥20 million, down 29.4%, or ¥8 million. “Other”: Revenue was ¥74 million, down 25.8%, or ¥25 million.」

    In the non-construction machinery businesses, all 3 segments, Automotive-related, Industrial machinery and Other, recorded lower revenue year on year. Against the policy of expanding the earnings base by developing new demand fields, results continued to decline in the first quarter.
  10. FY2023Non-construction machinery segment ratio falls further, with all 3 segments posting lower revenueAnnual report

    「Demand for construction machinery products has been strong in recent years, and the non-construction machinery businesses accounted for 4.5% in the fiscal year ended April 2023. The company will continue to make vigorous sales efforts by leveraging its large-scale hot- and cold-forging equipment and technology.」

    The non-construction machinery businesses’ share declined from 5.6% in the previous fiscal year to 4.5%. All 3 segments, Automotive-related, Industrial machinery and Other, also recorded lower revenue, indicating weak progress in expanding the earnings base by developing new demand fields.
  11. FY2023-Q3All 3 non-construction machinery segments post lower revenueAnnual report

    「“Automotive-related”: Revenue was ¥94 million, down 8.0% year on year, or ¥8 million. “Industrial machinery”: Revenue was ¥91 million, down 5.8%, or ¥5 million. “Other”: Revenue was ¥253 million, down 10.3%, or ¥28 million.」

    In the non-construction machinery businesses, all 3 segments, Automotive-related, Industrial machinery and Other, recorded lower revenue year on year. This marked a change from the previous quarter, when the Automotive-related and Industrial machinery segments posted higher revenue.
  12. FY2023-Q2Automotive-related and industrial machinery segments post higher revenue; Other segment posts lower revenueAnnual report

    「“Automotive-related”: Revenue was ¥71 million, up 1.1% year on year, or ¥0 million. “Industrial machinery”: Revenue was ¥64 million, up 2.9%, or ¥1 million. “Other”: Revenue was ¥173 million, down 4.6%, or ¥8 million.」

    In the non-construction machinery businesses, the automotive-related and industrial machinery segments, which had posted lower revenue in the previous quarter, returned to revenue growth, while the Other segment recorded lower revenue.
  13. FY2023-Q1Automotive-related and industrial machinery revenue down; other revenue upAnnual report

    「“Automotive-related”: Revenue was ¥34 million, down 3.3% year on year, or ¥1 million. “Industrial machinery”: Revenue was ¥29 million, down 20.3%, or ¥7 million. “Other”: Revenue was ¥100 million, up 9.9%, or ¥9 million.」

    In the non-construction machinery businesses, revenue declined year on year in the automotive-related and industrial machinery segments, while the Other segment recorded higher revenue.
  14. FY2022Automotive-related revenue continues to decline, while industrial machinery and other revenue increaseAnnual report

    「“Automotive-related division”: Sales were ¥136 million, down 51.6% from the previous period, a decrease of ¥145 million. The application of the revenue recognition accounting standard and related guidance reduced sales by ¥50 million. “Industrial machinery division”: Sales were ¥130 million, up 62.1% from the previous period, an increase of ¥50 million. “Other division”: Sales were ¥386 million, up 105.6% year on year, an increase of ¥198 million.」

    In the non-construction machinery field, automotive-related sales continued to decline, while industrial machinery and other sales increased. The non-construction machinery division's overall share declined to 5.6%.
  15. FY2022-Q3Automotive-related revenue continues to decline, while industrial machinery and other revenue continue to increaseAnnual report

    「“Automotive-related division”: Sales were ¥102 million, down 55.4% year on year, a decrease of ¥127 million. The application of the revenue recognition accounting standard and related guidance reduced sales by ¥38 million. “Industrial machinery division”: Sales were ¥96 million, up 77.5% year on year, an increase of ¥42 million. “Other division”: Sales were ¥282 million, up 125.5% year on year, an increase of ¥157 million. The application of the revenue recognition accounting standard and related guidance increased sales by ¥9 million.」

    In the non-construction machinery field, the decline in automotive-related sales continued, widening from 50.6% to 55.4% year on year, while sales in the industrial machinery and other divisions continued to increase. The impact of applying the revenue recognition accounting standard on sales by division was also disclosed.
  16. FY2022-Q2Automotive-related revenue down; industrial machinery and other revenue upAnnual report

    「“Automotive-related division”: Sales were ¥71 million, down 50.6% year on year, a decrease of ¥73 million. “Industrial machinery division”: Sales were ¥62 million, up 79.6% year on year, an increase of ¥27 million. “Other division”: Sales were ¥182 million, up 118.9% year on year, an increase of ¥98 million.」

    In the non-construction machinery field, automotive-related sales declined 50.6% year on year, while industrial machinery and other sales increased 79.6% and 118.9%, respectively, with differing trends by division continuing.
  17. FY2022-Q1Automotive-related revenue down; industrial machinery and other revenue upAnnual report

    「“Automotive-related division”: Sales were ¥35 million, down 35.5% year on year, a decrease of ¥19 million. “Industrial machinery division”: Sales were ¥37 million, up 87.6% year on year, an increase of ¥17 million. “Other division”: Sales were ¥91 million, up 107.1% year on year, an increase of ¥47 million.」

    In the non-construction machinery field, automotive-related sales declined 35.5% year on year, while industrial machinery and other sales increased 87.6% and 107.1%, respectively, producing differing trends by division.
  18. FY2021Lower share of the non-construction machinery divisionAnnual report

    「In these circumstances, to stabilize business performance, we will continue expanding our earnings base by developing demand in fields outside the construction machinery division. Demand for products for construction machinery has been high in recent years, and the non-construction machinery division accounted for 6.8% in the fiscal year ended April 2021. Going forward, we will make vigorous sales efforts by leveraging our large-scale hot- and cold-forming equipment and technologies.」

    The policy of developing demand in the non-construction machinery division continues. Meanwhile, its share of sales declined from 9.2% in the previous period to 6.8%.
  19. FY2021-Q3Widening declines in the automotive-related and industrial machinery divisionsAnnual report

    「“Automotive-related division”: Sales were ¥229 million, down 31.5% year on year, a decrease of ¥105 million. “Industrial machinery division”: Sales were ¥54 million, down 32.9% year on year, a decrease of ¥26 million.」

    In the non-construction machinery field, sales in both the automotive-related and industrial machinery divisions declined, falling 31.5% and 32.9%, respectively, year on year. The declines in both divisions widened further from the downward trend through the previous quarter.
  20. FY2021-Q2Widening declines in both the automotive-related and industrial machinery divisionsAnnual report

    「“Automotive-related division”: Sales were ¥144 million, down 39.3% year on year, a decrease of ¥93 million. “Industrial machinery division”: Sales were ¥34 million, down 39.9% year on year, a decrease of ¥23 million.」

    In the non-construction machinery field, sales in both the automotive-related and industrial machinery divisions declined year on year, down 39.3% and 39.9%, respectively. In the previous quarter, automotive-related sales declined 5.2% while industrial machinery sales increased 2.6%, indicating deterioration in both divisions' results.
  21. FY2021-Q1Sharp declines in both divisions of the non-construction machinery fieldAnnual report

    「“Automotive-related division”: Sales were ¥55 million, down 55.1% year on year, a decrease of ¥67 million. “Industrial machinery division”: Sales were ¥19 million, down 38.3% year on year, a decrease of ¥12 million.」

    In the non-construction machinery field, sales in both the automotive-related and industrial machinery divisions declined year on year, falling 55.1% and 38.3%, respectively.
  22. FY2020Slight increase in the non-construction machinery division's share, while sales declined in each divisionAnnual report

    「In these circumstances, to stabilize business performance, we will continue expanding our earnings base by developing demand in fields outside the construction machinery division. Demand for products for construction machinery has been high in recent years, and the non-construction machinery division accounted for 9.2% in the fiscal year ended April 2020. Going forward, we will make vigorous sales efforts by leveraging our large-scale hot- and cold-forming equipment and technologies.」

    The non-construction machinery division's share increased slightly from 8.9% in the previous period to 9.2%. Meanwhile, automotive-related sales declined 15.0% and industrial machinery sales declined 14.5%, with demand-development results declining by division.
  23. FY2020-Q3Widening decline in non-construction machinery division salesAnnual report

    「“Automotive-related division”: Sales were ¥335 million, down 10.6% year on year, a decrease of ¥39 million. “Industrial machinery division”: Sales were ¥81 million, down 10.8% year on year, a decrease of ¥9 million.」

    Sales in the automotive-related and industrial machinery divisions continued to decline, with year-on-year decreases of 10.6% and 10.8%, respectively. The declines widened in both divisions from the FY2020-Q2 decreases of 5.6% and 7.5%, respectively.
  24. FY2020-Q2Revenue down in both the automotive-related and industrial machinery divisionsAnnual report

    「“Automotive-related division”: Sales were ¥237 million, down 5.6% year on year, a decrease of ¥14 million. “Industrial machinery division”: Sales were ¥57 million, down 7.5% year on year, a decrease of ¥4 million.」

    In the non-construction machinery field, sales in both the automotive-related and industrial machinery divisions declined year on year. The industrial machinery division, which had posted slight growth in the previous quarter, also turned to a decline.
  25. FY2020-Q1Automotive-related revenue down; industrial machinery revenue slightly upAnnual report

    「“Automotive-related division”: Sales were ¥122 million, down 5.2% year on year, a decrease of ¥6 million. “Industrial machinery division”: Sales were ¥32 million, up 2.6% year on year, an increase of ¥0 million.」

    In the non-construction machinery field, automotive-related sales declined 5.2% year on year, while industrial machinery sales increased 2.6%. Results varied by division in the non-construction machinery field.
  26. FY2019Further decline in the non-construction machinery division's shareAnnual report

    「In these circumstances, to stabilize business performance, we will continue expanding our earnings base by developing demand in fields outside the construction machinery division. Demand for products for construction machinery has been high in recent years, and the non-construction machinery division accounted for 8.9% in the fiscal year ended April 2019. Going forward, we will make vigorous sales efforts by leveraging our large-scale hot- and cold-forming equipment and technologies.」

    The policy of developing demand in the non-construction machinery field continues. Meanwhile, the non-construction machinery division's share declined from 10.5% in the previous year to 8.9%.
  27. FY2019-Q3RestatedAnnual report

    「“Automotive-related division”: Sales were ¥375 million, down 17.9% year on year, a decrease of ¥82 million. “Industrial machinery division”: Sales were ¥91 million, down 11.8% year on year, a decrease of ¥12 million.」

    Sales in both the automotive-related and industrial machinery divisions, which comprise the non-construction machinery field, continued to decline, again highlighting the weakness of results relative to the policy of developing demand fields and expanding the earnings base.
  28. FY2019-Q2RestatedAnnual report

    「“Automotive-related division”: Sales were ¥251 million, down 19.3% year on year, a decrease of ¥60 million. “Industrial machinery division”: Sales were ¥62 million, down 10.5% year on year, a decrease of ¥7 million.」

    Sales in both the automotive-related and industrial machinery divisions, which comprise the non-construction machinery field, continued to decline, again highlighting the weakness of results in developing demand and expanding the earnings base.
  29. FY2019-Q1Decline in non-construction machinery division salesAnnual report

    「“Automotive-related division”: Sales were ¥129 million, down 15.8% year on year, a decrease of ¥24 million. “Industrial machinery division”: Sales were ¥31 million, down 14.8% year on year, a decrease of ¥5 million.」

    Within the non-construction machinery field, sales in the automotive-related and industrial machinery divisions declined year on year. Against the policy of developing demand and expanding the earnings base in the non-construction machinery field, both divisions posted lower sales in the quarter.
  30. FY2018Lower share of the non-construction machinery divisionAnnual report

    「In these circumstances, to stabilize business performance, we will continue expanding our earnings base by developing demand in fields outside the construction machinery division. Demand for products for construction machinery has been high in recent years, and the non-construction machinery division accounted for 10.5% in the fiscal year ended April 2018. Going forward, we will make vigorous sales efforts by leveraging our large-scale hot- and cold-forming equipment and technologies.」

    The policy of developing demand in the non-construction machinery field and expanding the earnings base continues. Meanwhile, the non-construction machinery division's share declined from 12.7% in the previous year to 10.5%.
  31. FY2017RestatedAnnual report

    「In these circumstances, to stabilize business performance, we will continue expanding our earnings base by developing demand in fields outside the construction machinery division. Demand for products for construction machinery has been high in recent years, and the non-construction machinery division accounted for 12.7% in the fiscal year ended April 2017. Going forward, we will make vigorous sales efforts by leveraging our large-scale hot- and cold-forming equipment and technologies.」

    The company continues to develop the non-construction machinery field and expand its earnings base. The non-construction machinery division's share is disclosed as 12.7%.
  32. FY2016First statedAnnual report

    「In these circumstances, to stabilize business performance, we will continue expanding our earnings base by developing demand in fields outside the construction machinery division. Demand for products for construction machinery has been high in recent years, and the non-construction machinery division accounted for 15.1% in the fiscal year ended April 2016. Going forward, we will make vigorous sales efforts by leveraging our large-scale hot- and cold-forming equipment and technologies.」

    The non-construction machinery division accounted for 15.1% of sales, and the company stated that it would develop demand fields through sales activities utilizing its equipment and technologies.
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Developing demand in non-construction machinery markets and expanding the earnings base | KYOWAKOGYOSYO CO.,LTD. (5971) | Komori