Lower domestic sales volumes of wire rope
First written in FY2017-Q2. 9 of 22 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026-H1.
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- FY2026-H1WorsenedAnnual report
「Due to lower sales volumes of wire rope products compared with the same period of the previous year, when there was rush demand ahead of price revisions, revenue for this segment was ¥14,007 million, down 3.3% year on year, and operating profit was ¥1,058 million, down 4.7%.」
Sales volumes of wire rope products declined compared with the same period of the previous year, when there was rush demand ahead of price revisions, resulting in lower revenue and profit in the steel wire and wire rope-related business. - FY2025-H1MitigatedAnnual report
「Sales of wire rope and fiber rope products increased, resulting in higher revenue.」
Higher sales of wire rope products continued to ease the previous risk of declining domestic wire rope sales volumes. - FY2024MitigatedAnnual report
「Revenue increased from the same period of the previous year due to higher sales of relatively high-value-added wire rope products and product price revisions implemented in the previous fiscal year.」
Higher sales of high-value-added wire rope products and price revisions continued to ease the risk of declining domestic wire rope sales volumes. - FY2024-Q1MitigatedAnnual report
「Revenue increased from the same period of the previous year due to higher sales of relatively high-value-added wire rope products and product price revisions implemented in the previous fiscal year.」
Sales of relatively high-value-added wire rope products increased, and the previous risk of declining domestic wire rope sales volumes continued to ease. - FY2022-Q3MitigatedAnnual report
「Although sales volumes increased for elevator rope, shipbuilding-related products and others, the impact of the revenue recognition accounting standard applied from the current consolidated cumulative period resulted in lower revenue, which was ¥18,312 million, down 4.4% year on year.」
Sales volumes of elevator rope, shipbuilding-related products and others increased, indicating an improvement from the previous decline in domestic wire rope sales volumes. Revenue, however, declined due to the impact of the revenue recognition accounting standard. - FY2022-Q2MitigatedAnnual report
「Although sales volumes increased for elevator rope, shipbuilding-related products and others, the impact of the revenue recognition accounting standard applied from the current consolidated cumulative period resulted in lower revenue. Revenue from this business was therefore ¥11,998 million, down 4.2% year on year.」
Sales volumes of elevator rope, shipbuilding-related products and others increased, indicating an improvement from the previous decline in domestic wire rope sales volumes. Revenue, however, declined due to the impact of applying the accounting standard. - FY2022-Q1MitigatedAnnual report
「Although sales volumes increased on solid performance in elevator rope and machinery-related products, the adoption of the revenue recognition accounting standard from the current consolidated cumulative period resulted in lower revenue. Revenue from this business was therefore ¥6,150 million, down 1.3% year on year, while operating profit was ¥315 million, up 23.6%.」
Sales volumes increased as elevator rope and machinery-related products performed solidly, indicating an improvement from the previous decline in domestic wire rope sales volumes. Revenue declined due to the impact of the revenue recognition accounting standard. - FY2021-Q1WorsenedAnnual report
「Due to the impact of COVID-19, domestic demand for wire rope remained sluggish, particularly in machinery, fishing and construction machinery, resulting in revenue from this business of ¥6,231 million, down 10.5% year on year, and operating profit of ¥254 million, down 23.8%.」
Domestic demand for wire rope remained sluggish, particularly in machinery, fishing and construction machinery, resulting in lower revenue and profit in the steel wire and wire rope-related business. - FY2020WorsenedAnnual report
「Demand for general rope other than elevator rope, including in fishing, steel and shipbuilding, declined, and wire products also weakened. As a result, revenue from this business was ¥27,266 million, down 2.9% from the previous consolidated fiscal year, while operating profit was ¥1,411 million, down 7.3%, due mainly to higher depreciation and amortization expense associated with strategic investments in IT systems, plant upgrades and other areas.」
Demand for general rope other than elevator rope and wire products weakened, resulting in lower revenue and profit in the steel wire and wire rope-related business. - FY2020-Q3WorsenedAnnual report
「Demand for general rope other than elevator rope, including in shipbuilding, machinery and fishing, declined, and wire products also weakened. As a result, revenue from this business was ¥20,547 million, down 2.5% year on year, while operating profit was ¥868 million, down 18.9%, due mainly to higher depreciation and amortization expense associated with strategic investments in IT systems, plant upgrades and other areas.」
Declines in demand for general rope other than elevator rope and in wire products were newly identified, resulting in lower revenue and profit in the steel wire and wire rope-related business. - FY2020-Q2RestatedAnnual report
「Elevator rope demand remained strong due to preparations for the Tokyo Olympics and the redevelopment of high-rise buildings in the Tokyo metropolitan area, resulting in revenue from this business of ¥14,085 million, up 1.3% year on year.」
Domestic demand for elevator rope remained strong, and the easing of the risk of declining domestic wire rope sales volumes continued to be confirmed. - FY2020-Q1MitigatedAnnual report
「Domestic demand for wire rope, including elevator rope, remained strong due to preparations for the Tokyo Olympics and the redevelopment of high-rise buildings in the Tokyo metropolitan area, resulting in revenue from this business of ¥6,959 million, up 1.7% year on year.」
Domestic demand for wire rope remained strong, and the previous risk of declining domestic sales volumes continued to ease. - FY2019DroppedAnnual reportThe decline in domestic wire rope sales volumes was not cited as a major individual factor for the fiscal year, and the steel wire and wire rope-related business posted higher revenue.
- FY2019-Q3RestatedAnnual report
「Although revenue from textile products increased, sales volumes of elevator rope declined due to the slowdown in domestic replacement demand. Revenue was therefore roughly unchanged from the previous year, but profit declined due to higher depreciation and amortization expense associated with IT system investments and other factors. Revenue from this business was ¥21,083 million, up 0.1% year on year, and segment profit (operating profit) was ¥1,070 million, down 23.7%.」
The decline in sales volumes due to the slowdown in domestic replacement demand for elevator rope has continued. - FY2019-Q2WorsenedAnnual report
「In addition to lower sales volumes of elevator rope due to the downturn in demand in China and the slowdown in domestic replacement demand, shipments of general wire rope and other products were delayed by the typhoon, resulting in lower revenue and profit. As a result, revenue from this business was ¥13,908 million, down 1.8% year on year, and segment operating profit was ¥700 million, down 30.4%.」
In addition to the downturn in demand for elevator rope in China and the slowdown in domestic replacement demand, shipments were delayed by a typhoon, resulting in lower revenue and segment profit. - FY2019-Q1WorsenedAnnual report
「Sales volumes of elevator rope declined due to a downturn in demand in China and a slowdown in replacement demand in Japan. Steel wire products also remained somewhat sluggish. As a result, revenue from this business was ¥6,844 million, down 5.4% year on year, and segment profit was ¥447 million, down 25.1%.」
Sales volumes declined due to the downturn in demand for elevator rope in China and the slowdown in domestic replacement demand, resulting in lower revenue and segment profit in the steel wire and wire rope-related business. - FY2018MitigatedAnnual report
「Although domestic wire rope sales volumes increased, sales volumes of elevator rope and fiber rope for China declined, resulting in revenue from this business of ¥27,531 million, down 4.2% from the previous consolidated fiscal year, and segment profit of ¥1,912 million, down 12.4%.」
Domestic wire rope sales volumes, which had previously been declining, turned higher, while lower sales volumes of elevator rope and fiber rope for China became new factors behind lower revenue. - FY2018-Q3RestatedAnnual report
「Although sales volumes of fiber rope declined, domestic wire rope sales volumes, mainly elevator rope, increased, resulting in revenue from this business of ¥21,054 million, up 1.2% year on year」
Domestic wire rope sales volumes continued to increase, while the decline in fiber rope sales volumes was cited as a negative factor for the business. - FY2018-Q2RestatedAnnual report
「Although domestic wire rope sales volumes, mainly elevator rope, increased, fiber rope sales volumes declined, resulting in revenue from this business of ¥14,163 million, down 0.3% year on year」
Domestic wire rope sales volumes continued to increase, while the decline in fiber rope sales volumes resulted in a 0.3% year-on-year decline for the steel wire and wire rope-related business overall. - FY2018-Q1MitigatedAnnual report
「Although sales volumes of fiber rope declined, domestic wire rope sales volumes, mainly elevator rope, increased, resulting in revenue from this business of ¥7,231 million, up 1.9% year on year」
Domestic wire rope sales volumes turned higher, and revenue from the steel wire and wire rope-related business rose 1.9% year on year despite the decline in fiber rope. - FY2017MaterialisedAnnual report
「Although sales volumes of fiber rope increased, domestic wire rope sales volumes declined, resulting in revenue from this business of ¥28,736 million, down 0.2% year on year.」
The decline in domestic wire rope sales volumes was also confirmed for the full year, with revenue from the steel wire and wire rope-related business down 0.2% year on year. - FY2017-Q2First statedAnnual report
「Although sales volumes of wire rope overseas, mainly elevator rope, and fiber rope in Japan increased, domestic wire rope sales volumes declined, resulting in revenue from this business of ¥14,212 million, down 0.4% year on year」
The decline in domestic wire rope sales volumes has newly been identified as a factor behind lower revenue in the steel wire and wire rope-related business.