Delay in the transition to mass production at the Onex Technology Center
First written in FY2016. 11 of 31 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「Net sales at オーネックステックセンター increased from the previous fiscal year, and both operating profit and ordinary profit increased.」
Tech Center revenue increased year on year, and both operating profit and ordinary profit increased. Compared with the previously reported declines in sales and profit, the description indicates some mitigation. - FY2026-H1MitigatedAnnual report
「However, although orders from the company's main customer industries grew only modestly, オーネックステックセンター's revenue increased year on year due to reductions in manufacturing and other costs, and both operating profit and ordinary profit increased.」
Even though orders from the company's main customer industries grew only modestly, reductions in manufacturing and other costs resulted in higher revenue at オーネックステックセンター and increases in both operating profit and ordinary profit. Compared with the previously reported declines in sales and profit, the description indicates some mitigation. - FY2025-H1Continued decline in Tech Center sales and profitAnnual report
「However, orders related to industrial machine tools for オーネックステックセンター did not grow, resulting in lower revenue than in the same period of the previous year and declines in both operating profit and ordinary profit.」
Orders related to industrial machine tools for オーネックステックセンター did not grow, resulting in lower revenue year on year and declines in both operating profit and ordinary profit. The document does not specifically state that the transition to mass production has been completed or that the earnings base has stabilized. - FY2024-Q3Continued decline in Tech Center sales and profitAnnual report
「Sales at オーネックステックセンター also declined compared with the cumulative consolidated period for the same quarter of the previous year, and both operating profit and ordinary profit decreased.」
Following the previous quarter, オーネックステックセンター's revenue declined year on year, and both operating profit and ordinary profit decreased. The document does not specifically state that the transition to mass production has been completed or that the company will achieve full-year profitability. - FY2024-Q2Continued decline in Tech Center sales and profitAnnual report
「Sales at オーネックステックセンター also declined compared with the cumulative consolidated period for the same quarter of the previous year, and both operating profit and ordinary profit decreased.」
Following the previous quarter, オーネックステックセンター's revenue declined year on year, and both operating profit and ordinary profit decreased. - FY2024-Q1Decline in Tech Center sales and profitAnnual report
「Revenue at オーネックステックセンター declined compared with the cumulative consolidated period for the same quarter of the previous year. On the profit side, despite efforts to reduce various manufacturing costs, profit decreased.」
オーネックステックセンター's revenue declined year on year, and profit also decreased despite efforts to reduce various manufacturing costs. - FY2023MitigatedAnnual report
「The subsidiary オーネックステックセンター also worked to expand its operating base, including by obtaining certification from new companies.」
For オーネックステックセンター, the document cites certification obtained from new companies and expansion of its operating base, indicating progress in the business foundation addressing the previously noted concerns over mass production and monetization. However, it does not specifically state that the transition to mass production has been completed or that the company will achieve full-year profitability. - FY2023-Q2RestatedAnnual report
「Sales at オーネックステックセンター also increased compared with the cumulative consolidated period for the same quarter of the previous year, and operating profit and ordinary profit also rose.」
The document continues to state that Tech Center sales, operating profit and ordinary profit increased. - FY2023-Q1MitigatedAnnual report
「Revenue at オーネックステックセンター increased compared with the cumulative consolidated period for the same quarter of the previous year. On the cost side, the company posted an operating profit by curbing increases in various manufacturing costs.」
In addition to higher Tech Center sales, curbing increases in various manufacturing costs resulted in a shift from the previous operating deficit to an operating profit. - FY2022-Q2Higher sales but a segment lossAnnual report
「Sales at オーネックステックセンター also increased compared with the cumulative consolidated period for the same quarter of the previous year. On the cost side, the company posted a segment loss due to higher energy and other costs.」
While オーネックステックセンター's sales continued to increase, it posted a segment loss due to higher energy and other costs. - FY2022-Q1RestatedAnnual report
「Revenue at オーネックステックセンター increased compared with the cumulative consolidated period for the same quarter of the previous year. On the cost side, the company posted an operating loss due to higher raw material and other costs.」
Tech Center sales continued to increase, but the company posted an operating loss due to higher raw material and other costs. The document does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2021RestatedAnnual report
「オーネックステックセンター, established as a pillar of the Group's growth strategy, has been in operation for 5 years and is gradually getting on track.」
The company continues to describe Tech Center as a pillar of its growth strategy and state that it is gradually getting on track after 5 years of operations. - FY2021-Q2Continued decline in Tech Center salesAnnual report
「Sales at オーネックステックセンター also declined compared with the cumulative consolidated period for the same quarter of the previous year.」
Following the previous quarter, オーネックステックセンター's sales declined year on year. The document does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2021-Q1Tech Center sales declineAnnual report
「Sales at オーネックステックセンター also declined compared with the cumulative consolidated period for the same quarter of the previous year.」
For オーネックステックセンター, sales changed from the previously reported increase to a year-on-year decline in the current quarter. The document does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2020RestatedAnnual report
「Sales at オーネックステックセンター increased compared with the previous fiscal year, driven by higher orders from the construction machinery sector.」
The document continues to state that Tech Center sales increased. It does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2020-Q1RestatedAnnual report
「Meanwhile, sales at オーネックステックセンター increased compared with the cumulative consolidated period for the same quarter of the previous year.」
The document continues to state that オーネックステックセンター's sales increased. It does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2019RestatedAnnual report
「Sales at オーネックステックセンター increased compared with the previous fiscal year, driven by higher orders from the construction machinery sector.」
The document continues to state that Tech Center sales increased. It does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2019-Q3RestatedAnnual report
「Revenue at オーネックステックセンター also increased compared with the cumulative consolidated period for the same quarter of the previous year.」
The document continues to state that オーネックステックセンター's sales increased. It does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2019-Q2RestatedAnnual report
「Sales at オーネックステックセンター also increased, resulting in higher revenue than in the cumulative consolidated period for the same quarter of the previous year.」
The document continues to state that オーネックステックセンター's sales increased. It does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2019-Q1RestatedAnnual report
「Sales at オーネックステックセンター also increased, resulting in higher revenue than in the cumulative consolidated period for the same quarter of the previous year.」
The document continues to state that Tech Center sales increased. It does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2018RestatedAnnual report
「Sales at オーネックステックセンター also increased, resulting in higher revenue than in the previous fiscal year.」
The document states that Tech Center sales increased, but does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2018-Q3RestatedAnnual report
「Sales at 株式会社オーネックステックセンター also increased, resulting in higher sales compared with the same quarter of the previous year on a consolidated cumulative basis.」
The document states that オーネックステックセンター's sales increased. It does not specifically state that the operating deficit has been eliminated or that the transition to mass production has been completed. - FY2018-Q2MitigatedAnnual report
「At オーネックステックセンター, factory consumables, depreciation and other costs remain a significant burden, and the company continues to report an operating deficit. However, the deficit decreased year on year due in part to higher sales, resulting in higher profit compared with the same quarter of the previous year.」
The operating deficit caused by the burden of factory consumables, depreciation and other costs has continued, but the document states that the deficit decreased year on year due to higher sales. - FY2018-Q1MitigatedAnnual report
「In addition, gas and electricity costs declined, and the operating deficit of オーネックステックセンター, a subsidiary established and launched to serve as an operating base in Kinki, Tokai and Hokuriku, also decreased. As a result, revenue increased and segment profit also rose.」
The document states that オーネックステックセンター's operating deficit decreased, indicating that the previously noted issues related to mass production and cost burdens have been partially mitigated. It does not specifically state that the deficit has been eliminated. - FY2017Full-scale operation and sales growthAnnual report
「Sales at 株式会社オーネックステックセンター also increased, resulting in higher sales compared with the previous year.」
The document states that Tech Center sales increased. The business policy also mentions the full-scale operation of the Mie Plant, but does not specifically state that the transition to mass production has been completed or that the operating deficit has been eliminated. - FY2017-Q3Increase in sales confirmedAnnual report
「Sales at 株式会社オーネックステックセンター also increased, resulting in higher sales compared with the same quarter of the previous year on a consolidated cumulative basis.」
The increase in sales at 株式会社オーネックステックセンター is noted. However, the completion of the transition to mass production and the elimination of the operating loss are not specifically stated. - FY2017-Q2MaterialisedAnnual report
「As 株式会社オーネックステックセンター posted an operating loss, segment profit declined.」
At the Tech Center, expenses for factory consumables, depreciation and other items are high relative to sales, and operating losses continue to be incurred. - FY2017-Q1MaterialisedAnnual report
「At 株式会社オーネックステックセンター, which began operations in December 2015, high expenses for factory consumables, depreciation and other items resulted in an operating loss, leading to lower profit compared with the same quarter of the previous year on a consolidated cumulative basis.」
The expenses and operating loss at 株式会社オーネックステックセンター actually occurred during the quarter and are cited as factors behind the decline in consolidated profit. - FY2016MaterialisedAnnual report
「The delay in the transition to mass production at consolidated subsidiary 株式会社オーネックステックセンター, which began operations in December 2015, and the expenses incurred for jigs and other equipment needed for its mass production operations」
The delay in the transition to mass production and expenses for jigs and other equipment are specifically cited as factors behind the deterioration in performance for the period.