Komori
Onex (5987) · RiskRevenue and profit growth driven by higher industrial machinery sales despite declines in automotive and construction machinery

Dependence on the industrial machine tools, automotive and construction machinery sectors

First written in FY2016. 13 of 35 entries say "Restated". Latest entry: FY2026.

35entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019WorsenedFY2020-Q1 – FY2021-Q2OtherFY2022-Q1 – FY2026-H12016: 22017: 420172018: 420182019: 420192020: 420202021: 420212022: 320222023: 420232024: 220242025: 120252026: 32026
Same theme, other companies
Sensitivity to industrial economic conditions and capital investment trends in Japan and overseasA theme 89 companies write about · 89 as a headwind · 1 as a tailwind

Onex moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).

The whole theme swung hardest in 2020: 61 of 76 companies on the "Worse" side.

8 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 89 companies compared. The sentences above are computed from all 89.
Full recordFilings, disclosures and news, newest first
  1. FY2026Revenue and profit growth driven by higher industrial machinery sales despite declines in automotive and construction machineryAnnual report

    「Although orders from the core automotive and construction machinery industries declined, orders related to industrial machine tools increased.」

    The company remains dependent on its core markets. Automotive and construction machinery orders declined, while industrial machine tool orders increased. Revenue from the metal heat treatment business was ¥4,680 million, and segment profit was ¥320 million.
  2. 2026-09-18WorsenedShare Issuance and Disposal

    「売上高の約9割を占める金属熱処理加工事業の主な取引先は自動車関連、産業工作機械関連、建設機械関連であります。これらの業界における日本国内の生産高は、2010 年代から概ね横ばいであり、コロナ禍で大きく落ち込んだ後も当時の水準を回復しておりません。」

    主要取引業界の国内生産がコロナ禍後も回復していないことと、金属熱処理加工事業への売上集中を一体的に記載している。
  3. FY2026-H1Automotive and agricultural machinery sluggish, machine tools up, revenue and profit higherAnnual report

    「In the metal heat treatment industry, orders from the core automotive parts industry declined and orders related to agricultural machinery and other products remained sluggish, but higher orders related to industrial machine tools resulted in higher revenue year on year and increased segment profit.」

    The company remains dependent on its core markets. While automotive parts orders declined and agricultural machinery remained sluggish, higher orders related to industrial machine tools resulted in higher revenue and profit in the metal heat treatment business.
  4. FY2025-H1Automotive and agricultural machinery down, machine tools up, revenue higherAnnual report

    「In the metal heat treatment industry, orders from the core automotive parts industry declined and orders related to agricultural machinery and other products remained sluggish, but higher orders related to industrial machine tools resulted in higher revenue year on year and increased segment profit.」

    The company remains dependent on its core markets. While orders related to automotive parts and agricultural machinery declined or remained sluggish, higher orders related to industrial machine tools resulted in higher revenue and profit in the metal heat treatment business.
  5. FY2024-Q3Automotive slightly up, construction and industrial machinery sluggish, revenue downAnnual report

    「Although automotive parts orders increased slightly among the core customer industries, orders related to construction and industrial machinery and other products remained sluggish, resulting in lower revenue compared with the same cumulative period of the previous fiscal year.」

    The company remains dependent on its core customer industries. Automotive parts orders increased slightly, while orders related to construction and industrial machinery and other products were sluggish, resulting in lower revenue.
  6. FY2024-Q2Automotive slightly up, machine tools and other products sluggishAnnual report

    「Although orders related to the core automotive parts industry increased slightly, orders related to industrial machine tools, agricultural machinery and other products remained sluggish, resulting in lower revenue compared with the same cumulative period of the previous fiscal year,」

    The company remains dependent on its core markets. Automotive parts increased slightly, while orders related to industrial machine tools, agricultural machinery and other products were sluggish, resulting in lower revenue.
  7. FY2024-Q1Market share up, but orders broadly sluggishAnnual report

    「Although the company’s market share increased in automotive parts and construction machinery, its core markets overall, including industrial machine tools, remained sluggish, resulting in a decline compared with the same cumulative period of the previous fiscal year.」

    The company’s share increased in automotive parts and construction machinery, while orders across its core markets, including industrial machine tools, remained sluggish, causing revenue to decline year on year.
  8. FY2023Automotive and construction machinery sluggish, industrial machine tools upAnnual report

    「Although orders related to the core automotive and construction machinery industries remained sluggish, orders related to industrial machine tools increased, resulting in higher revenue than in the previous fiscal year.」

    The company remains dependent on its core customer industries. While orders related to automotive and construction machinery were sluggish, higher orders for industrial machine tools drove revenue growth.
  9. FY2023-Q3Automotive slightly down, construction and industrial machinery upAnnual report

    「Although automotive parts orders declined slightly among the core customer industries, orders related to construction and industrial machinery and other products increased, resulting in higher revenue compared with the same cumulative period of the previous fiscal year.」

    The company remains dependent on its core customer industries. Automotive parts declined slightly, while orders related to construction and industrial machinery and other products increased.
  10. FY2023-Q2RestatedAnnual report

    「Although orders from the core automotive parts industry remained sluggish, orders related to industrial machine tools and other products increased, resulting in higher revenue compared with the same cumulative period of the previous fiscal year.」

    The company remains structured around automotive parts, industrial machine tools and other core customer industries. Automotive parts remained sluggish, but increased orders for industrial machine tools and other products resulted in higher revenue.
  11. FY2023-Q1RestatedAnnual report

    「Although orders from the core automotive parts industry remained sluggish, orders related to industrial machine tools and other products increased, resulting in higher revenue compared with the same cumulative period of the previous fiscal year.」

    The company continues to report its dependence on its core markets. Orders related to automotive parts remained sluggish, while orders related to industrial machine tools and other products increased.
  12. FY2022-Q3Automotive down, machinery and construction upAnnual report

    「Although orders related to automotive parts declined among the core customer industries, orders related to industrial machine tools, construction machinery and other products increased, resulting in higher revenue compared with the same cumulative period of the previous fiscal year.」

    In the highly dependent core markets, orders related to automotive parts declined, while orders related to industrial machine tools, construction machinery and other products increased. Revenue from the metal heat treatment business rose 7.4% year on year.
  13. FY2022-Q2Increase in orders from core marketsAnnual report

    「As a result of these business activities, revenue increased compared with the same cumulative period of the previous fiscal year, as orders from core customer industries, including automotive parts and industrial machine tools, increased.」

    Orders from the highly dependent core customer industries, including automotive parts and industrial machine tools, changed from the previously stated sluggish level to an increase.
  14. FY2022-Q1Revenue growth despite sluggish ordersAnnual report

    「Although orders from the Company’s main customer industries of automotive parts and industrial machinery remained sluggish, revenue increased compared with the same cumulative quarter of the previous fiscal year.」

    Although orders remained sluggish in the highly dependent automotive parts and industrial machine tool sectors, revenue from the metal heat treatment business increased 24.6% year on year.
  15. FY2021WorsenedAnnual report

    「In the metal heat-treatment industry, orders from the Company’s main customer industries, including automotive parts, remained sluggish due to the impact of COVID-19 and problems procuring semiconductors.」

    Weak orders from the core automotive parts and related sectors continued, with problems procuring semiconductors newly identified as a contributing factor in addition to COVID-19.
  16. FY2021-Q3Continued weakness in core orders, but narrower revenue declineAnnual report

    「In the metal heat-treatment industry, orders from the Company’s main customer industries of industrial machinery and automotive parts remained sluggish due to the impact of COVID-19, resulting in lower revenue than in the same cumulative quarter of the previous fiscal year.」

    Orders remained sluggish in the core industrial machinery and automotive parts sectors, and revenue from the metal heat-treatment processing business declined 10.8% year on year. The decline narrowed from the previous quarter’s 15.6% decrease in revenue from the same business, but orders in the dependent sectors remained weak.
  17. FY2021-Q2WorsenedAnnual report

    「In the metal heat-treatment industry, revenue declined compared with the same cumulative quarter of the previous fiscal year because orders from the Company’s main customer industries, including automotive parts and industrial machinery, all remained sluggish.」

    Continued weakness in orders from the main automotive parts, industrial machinery and related sectors resulted in a 15.6% year-on-year decline in revenue from the metal heat-treatment processing business.
  18. FY2021-Q1WorsenedAnnual report

    「Revenue declined compared with the same cumulative quarter of the previous fiscal year because orders across the main customer industries of industrial machinery and automotive parts remained sluggish.」

    Orders remained sluggish across the main industrial machinery and automotive parts sectors, resulting in a 23.5% decline in revenue from the metal heat-treatment processing business. The impact of the pandemic is also cited as a factor behind the weak orders.
  19. FY2020WorsenedAnnual report

    「However, orders generally declined across the main customer industries of industrial machinery, automotive parts and others due to the impact of US-China trade friction and the spread of COVID-19, resulting in lower revenue than in the previous fiscal year.」

    Explains that orders generally declined in the highly dependent industrial machinery, automotive parts and related sectors, directly leading to lower revenue.
  20. FY2020-Q3WorsenedAnnual report

    「In the metal heat-treatment industry, orders from the Company’s main customer industries of industrial machinery and automotive parts remained sluggish due to the impact of COVID-19, resulting in lower revenue than in the same cumulative quarter of the previous fiscal year.」

    The Company explicitly attributes sluggish orders from its main customer industries of industrial machinery and automotive parts to the impact of COVID-19, linking them to lower revenue.
  21. FY2020-Q2WorsenedAnnual report

    「Revenue declined compared with the same cumulative quarter of the previous fiscal year because orders from the Company’s main customer industries, including automotive parts and industrial machinery, remained generally sluggish.」

    Continued weakness in orders from the main customer industries of automotive parts and industrial machinery led to a 12.6% year-on-year decline in consolidated revenue.
  22. FY2020-Q1WorsenedAnnual report

    「In the metal heat-treatment processing business, sales declined compared with the same cumulative quarter of the previous fiscal year because orders from the Company’s main customer industries of industrial machinery and automotive parts remained sluggish.」

    States that sluggish orders from the main customer industries of industrial machinery and automotive parts led to lower sales in the metal heat-treatment processing business.
  23. FY2019RestatedAnnual report

    「In the metal heat-treatment industry, orders from the Company’s main customer industries of automotive parts and industrial machinery remained at the same level as in the previous fiscal year. Sales at 株式会社オーネックステックセンター increased from the previous fiscal year due to growth in construction machinery-related orders.」

    Continues to describe a business structure focused on automotive parts, industrial machinery and construction machinery. Automotive parts and industrial machinery-related orders remained at the previous fiscal year’s level, while construction machinery-related orders grew at the Tech Center.
  24. FY2019-Q3RestatedAnnual report

    「Orders from the Company’s main customer industries of industrial machinery and automotive parts both increased.」

    The business structure continues to focus on industrial machinery and automotive parts. Orders from both sectors were described as increasing.
  25. FY2019-Q2RestatedAnnual report

    「In the metal heat-treatment industry, orders from the Company’s main customer industries of automotive parts and industrial machinery both increased.」

    The business structure remains focused on automotive parts and industrial machinery. Orders in both sectors were described as increasing.
  26. FY2019-Q1RestatedAnnual report

    「In the metal heat-treatment industry, orders from the Company’s main customer industries of automotive parts and industrial machinery both increased.」

    The business structure remains focused on automotive parts and industrial machinery. Orders in both sectors were described as increasing.
  27. FY2018RestatedAnnual report

    「Orders from the Company’s main customer industries of automotive parts, industrial machinery and construction machinery remained generally firm.」

    The business structure remains focused on automotive parts, industrial machinery and construction machinery. Orders in all 3 sectors were described as increasing.
  28. FY2018-Q3RestatedAnnual report

    「Among the Company’s main customer industries, automotive, construction machinery and industrial machinery, construction machinery-related orders showed signs of recovery. Industrial machinery-related orders increased, including orders for robot reducers, while automotive parts-related orders remained strong.」

    The business structure remains focused on automotive, construction machinery and industrial machinery. Construction machinery showed signs of recovery, while industrial machinery and automotive parts were described as increasing and strong, respectively.
  29. FY2018-Q2RestatedAnnual report

    「Automotive and industrial machinery remained strong, while construction machinery-related orders also began to recover.」

    The business structure remains focused on automotive, industrial machinery and construction machinery. Automotive and industrial machinery remained strong, while construction machinery-related orders were described as being on a recovery track.
  30. FY2018-Q1Recovery in construction machinery-related ordersAnnual report

    「Orders related to construction machinery, in addition to the Company’s main customer industries of automotive and industrial machinery, also recovered, resulting in higher revenue and profit than in the same cumulative quarter of the previous fiscal year.」

    Although the dependence on the main customer industries continues, the Company reports a recovery in construction machinery-related orders, which had been sluggish through the previous fiscal year.
  31. FY2017RestatedAnnual report

    「Among the Company’s main customer industries, automotive parts, construction machinery and industrial machinery, construction machinery-related orders remained sluggish despite signs of bottoming in some areas. Industrial machinery-related orders increased, including orders for robot reducers, while automotive parts-related orders remained strong.」

    Continues to describe a structure focused on automotive parts, construction machinery and industrial machinery. Construction machinery remained sluggish, while industrial machinery and automotive parts orders were described as increasing and strong, respectively.
  32. FY2017-Q3RestatedAnnual report

    「Among the Company’s main customer industries, automotive, construction machinery and industrial machinery, construction machinery-related orders remained sluggish despite signs of bottoming in some areas. Industrial machinery-related orders increased, including orders for robot reducers, while automotive parts-related orders remained strong.」

    Continues to describe a structure focused on automotive, construction machinery and industrial machinery. Construction machinery remained sluggish, while industrial machinery and automotive parts were described as increasing and strong, respectively.
  33. FY2017-Q2RestatedAnnual report

    「Among the Company’s main customer industries, automotive, construction machinery and industrial machinery, orders related to construction machinery remained sluggish and industrial machinery orders were flat, while orders related to automotive parts remained strong.」

    Based on a business structure focused on automotive, construction machinery and industrial machinery, continues to cite weak construction machinery demand and flat industrial machinery demand.
  34. FY2017-Q1RestatedAnnual report

    「In the metal heat-treatment industry, demand related to the automotive sector and orders for industrial machinery, the Company’s main customer industries, remained firm and sales increased. However, construction machinery declined due to the slowdown in the global economy and other factors.」

    Based on a business structure dependent on automotive, industrial machinery and construction machinery, cites a decline in construction machinery demand.
  35. FY2016First statedAnnual report

    「Industrial machinery, automotive and construction machinery parts account for a significant proportion of the Group’s sales. Any major change in market conditions, such as the increased use of local procurement overseas, could have a significant impact on the business.」

    Positions demand fluctuations in specific industries and the increased use of local procurement overseas as key risks.
Moved together

"Strengthening the Financial Position by Reducing Interest-Bearing Debt" moved the same way as this thread, in the same document, in 6 of its 35 moves.

654333★123456
  1. ★This thread
  2. 1Strengthening the Financial Position by Reducing Interest-Bearing Debt6×
  3. 2Deterioration in consolidated results and shift to an operating loss5×
  4. 3Impact on Demand and Business from the Spread of COVID-194×
  5. 4Downside risks to economic activity from uncertainty in overseas economies and financial markets3×
  6. 5Risk of fluctuations in the value of assets, including land and securities3×
  7. 6Concerns About Business Operations Due to Labor Shortages and an Aging Workforce3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Onex yet. It last moved in the Share Issuance and Disposal of 2026-09-18: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Dependence on the industrial machine tools, automotive and construction machinery sectors | ONEX Corporation (5987) | Komori