Decline in induction heating equipment-related sales due to weaker capital investment appetite in China
First written in FY2017-Q3. 12 of 29 entries say "Restated". Latest entry: 2026-05-26.
Neturen moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 13 of 20 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Sales related to induction heating equipment decreased year on year, partly due to lower sales in China and the deferral of sales of some equipment in Japan and overseas to the second half of the fiscal year.」
Sales related to induction heating equipment, previously described as having firm orders and sales, declined due to lower sales in China and the deferral of sales to the second half of the fiscal year. - FY2024-Q3RestatedAnnual report
「Sales related to induction heating equipment increased year on year, as orders remained firm.」
The disclosure continues to state that orders related to induction heating equipment remained firm and sales exceeded the year-earlier level. - FY2024-Q2RestatedAnnual report
「Sales related to induction heating equipment increased year on year, as orders remained firm.」
The disclosure continues to state that orders related to induction heating equipment remained firm and sales exceeded the year-earlier level. - FY2024-Q1MitigatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year as orders remained solid.」
Where the previous quarter had reported a decline in sales due to longer lead times for parts and delays in the timing of acceptance inspections, sales related to induction heating equipment increased this quarter against a backdrop of firm orders. - FY2023-Q3Lower sales due to delivery and acceptance delays despite solid ordersAnnual report
「Although orders remained solid, sales related to induction heating equipment declined from the same period of the previous year due to longer lead times for parts and delays in the acceptance inspection timing for certain projects resulting from the impact of COVID-19 and other factors.」
Although orders for induction heating equipment remained solid, longer lead times for parts and delays in acceptance inspections due to the impact of COVID-19 emerged as factors behind the decline in sales. - FY2023-Q2RestatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year as orders remained solid in both Japan and overseas markets.」
The company continued to report that sales related to induction heating equipment exceeded the same period of the previous year as orders remained solid in Japan and overseas markets. - FY2023-Q1RestatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year as orders remained solid in both Japan and overseas markets.」
The company continued to report that solid orders in Japan and overseas resulted in sales related to induction heating equipment exceeding the same period of the previous year. - FY2022MitigatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year as demand for capital investment continued to recover.」
The recovery in customer demand for capital investment emerged as higher full-year sales related to induction heating equipment, and the risk of sluggish demand is easing. - FY2022-Q3MitigatedAnnual report
「Although sales of some equipment declined due to the application of accounting standards for revenue recognition and other standards, sales related to induction heating equipment increased from the same period of the previous year as demand for capital investment continued to recover.」
Although the application of accounting standards led to lower sales of some equipment, sales related to induction heating equipment increased year on year due to the recovery in customer demand for capital investment. - FY2022-Q2RestatedAnnual report
「Although demand for capital investment had been recovering, sales related to induction heating equipment declined from the same period of the previous year due partly to the application of accounting standards for revenue recognition and other factors.」
The company continued to report that, although customer demand for capital investment was recovering, sales related to induction heating equipment declined year on year due to the application of accounting standards for revenue recognition and other standards. - FY2022-Q1MitigatedAnnual report
「Although demand for capital investment had been recovering, sales related to induction heating equipment declined from the same period of the previous year due partly to the application of accounting standards for revenue recognition and other factors.」
The company states that customer demand for capital investment had returned to a recovery trend, indicating that the risk of sluggish demand due to previous reviews of capital investment plans was easing. However, reported sales declined due to the application of accounting standards for revenue recognition and other standards. - FY2021-Q3RestatedAnnual report
「Sales related to induction heating equipment declined significantly from the same period of the previous year as customers reviewed their capital investment plans and postponed maintenance schedules due to the spread of COVID-19.」
The company continued to report a significant decline in sales related to induction heating equipment due to customers’ reviews of their capital investment plans and postponed maintenance schedules. - FY2021-Q2WorsenedAnnual report
「Sales related to induction heating equipment declined significantly from the same period of the previous year as customers reviewed their capital investment plans and postponed maintenance schedules due to the spread of COVID-19.」
In addition to customers’ reviews of their capital investment plans, maintenance schedules were postponed, and the significant decline in sales related to induction heating equipment has continued. - FY2021-Q1WorsenedAnnual report
「Sales related to induction heating equipment declined significantly from the same period of the previous year as customers reviewed their capital investment plans and postponed maintenance schedules due to the spread of COVID-19.」
In addition to the previous decline in sales due to customers’ reviews of capital investment plans, maintenance schedules were postponed, resulting in a significant decline in sales related to induction heating equipment. - FY2020-Q3WorsenedAnnual report
「Sales related to induction heating equipment declined from the same period of the previous year as sales in Japan and South Korea remained sluggish, reflecting customers’ reviews of their capital investment plans.」
The trend shifted from increased sales in Japan and South Korea through the previous fiscal year to lower sales as customers reviewed their capital investment plans. - FY2020-Q2WorsenedAnnual report
「Sales related to induction heating equipment declined from the same period of the previous year due mainly to sluggish sales in Japan and South Korea.」
The trend shifted from increased sales in Japan and South Korea through the previous fiscal year to a year-on-year decline in the second quarter due to sluggish sales. - FY2020-Q1From a growth trend to approximately the same level as the previous yearAnnual report
「Although orders increased or decreased depending on the region, the company secured sales related to induction heating equipment at approximately the same level as in the same period of the previous year.」
The trend shifted from the increase in sales in Japan, South Korea and other regions reported through the previous fiscal year to sales at approximately the same level as in the same period of the previous year, accompanied by regional fluctuations in orders. - FY2019RestatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year due to higher sales in Japan and South Korea.」
The company reported higher sales of induction heating equipment in Japan and South Korea for the full year as well. - FY2019-Q3RestatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year due to higher sales in Japan and South Korea.」
The company continued to report higher sales related to induction heating equipment due to increased sales in Japan and South Korea. - FY2019-Q2RestatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year due to higher sales in Japan and South Korea.」
The company continued to report increased sales related to induction heating equipment due to higher sales in Japan and South Korea. - FY2019-Q1RestatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year due mainly to higher sales in Japan and the solid performance of 韓国熱錬株式会社.」
The company reports that higher domestic sales and the solid performance of 韓国熱錬株式会社 resulted in increased sales related to induction heating equipment. - FY2018-Q3RestatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year due to higher sales in Japan and China.」
The company continued to report higher sales related to induction heating equipment due to increased sales in Japan and China. - FY2018-Q2MitigatedAnnual report
「Sales related to induction heating equipment increased from the same period of the previous year due to higher sales in Japan and China.」
Following sluggish sales in Japan through the previous quarter, sales increased in both Japan and China during the quarter, resulting in higher sales related to induction heating equipment. - FY2018-Q1Recovery in China, stagnation in JapanAnnual report
「Although sales in Japan were sluggish, sales in China increased, enabling the company to maintain sales related to induction heating equipment at approximately the same level as in the same period of the previous year.」
Compared with the previous decline in orders in China and Japan, sales in China increased while sales in Japan remained sluggish, leaving sales at approximately the same level as in the same period of the previous year. - FY2017RestatedAnnual report
「Sales related to induction heating equipment declined from the same period of the previous year due mainly to fewer orders in China and Japan.」
Fewer orders in China and Japan continued to weigh on sales related to induction heating equipment. - FY2017-Q3MaterialisedAnnual report
「Sales related to induction heating equipment declined from the same period of the previous year due to a weakening trend in capital investment appetite, particularly in China.」
The company states that weaker capital investment appetite, particularly in China, materialized as a decline in sales related to induction heating equipment.