Expansion of the precision components and industrial equipment business through increased production in Japan, Thailand and China
First written in FY2018-Q1. 6 of 18 entries say "Advanced", first in FY2018-Q3. Latest entry: 2026-08-06.
90 other companies' latest entry also says "Advanced".
- 2026-08-06AdvancedOther Disclosures
「Including additional investment going forward, we aim to double the overall production capacity for semiconductor process components from its current level.」
Against a backdrop of medium- to long-term growth in demand for semiconductor process components, the company has decided on approximately ¥6 billion of capital investment at its Isehara and Miyata plants and has developed a plan to introduce the equipment sequentially from fiscal 2027. - FY2026AdvancedAnnual report
「The Company will also build a new plant for automotive suspension springs in western India to meet growing global demand.」
The construction of a new plant in western India is identified as a new production capacity expansion measure to meet growing global demand for suspension springs. - 2026-05-11OtherEarnings
「Although demand for semiconductor process components continued to increase, net sales were ¥124,535 million, up 8.1% year on year, while operating income was ¥7,294 million, down 23.3%, due mainly to higher depreciation and other costs associated with capital investment to meet future growth in demand for semiconductor process components and metal substrates.」
The disclosure describes both increasing demand and pressure on profit from depreciation and other costs associated with capital investment to meet future demand. - FY2026-H1Demand growth accompanied by higher depreciation expenseAnnual report
「In the Industrial Equipment and Other business, demand for semiconductor process components continued to increase. However, higher depreciation and other expenses related to capital expenditures to meet future demand for semiconductor process components and metal substrates resulted in net sales of ¥58,060 million, up 5.6% year on year, and operating profit of ¥2,828 million, down 25.2%.」
The disclosure simultaneously cites increased demand for semiconductor process components and profit pressure from higher depreciation and other expenses associated with capital expenditures to prepare for future demand. - FY2025AdvancedAnnual report
「The Company has been advancing further expansion of the Miyata Plant for semiconductor process components. As demand increases with the recovery of the semiconductor market, it will optimize production allocation through a two-plant structure comprising the Isehara and Miyata plants and work to further improve profitability.」
In response to the recovery of the semiconductor market and increased demand, the Company is developing specific measures to optimize production allocation through a two-plant structure with the Isehara Plant while continuing to expand the Miyata Plant. - FY2023RestatedAnnual report
「The Company plans to further expand the Miyata Plant to meet strong future demand for semiconductor process components. As demand is expected to recover from the second half of fiscal 2023, the Company will optimize production allocation through a two-plant structure comprising the Isehara and Miyata plants and work to further improve profitability.」
The Company continues to pursue optimal allocation through a two-plant structure comprising the Miyata and Isehara plants, along with further expansion plans for the Miyata Plant. - FY2022RestatedAnnual report
「For semiconductor process components, the Miyata Plant began full-scale operations in the second half of the previous consolidated fiscal year to meet strong demand. During the current consolidated fiscal year, the Company will optimize production allocation with its existing plants and work to further improve profitability while meeting additional demand growth.」
The Company continues to optimize production allocation between the Miyata Plant, which began full-scale operations after the postponement, and its existing plants. - FY2021AdvancedAnnual report
「For semiconductor process components, operations at the Miyata Plant, which had been postponed during the previous consolidated fiscal year due to the downturn in the semiconductor market, began in earnest in the second half of the current consolidated fiscal year as demand recovered.」
The previously postponed Miyata Plant began full-scale operations in the second half of the current fiscal year as demand recovered, and the Company is working to optimize production allocation with its existing plants. - FY2021-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, production, orders and sales results declined significantly, mainly due to the impact of the COVID-19 pandemic, as follows.」
Against the trend of increased production and business expansion continuing from the previous fiscal year, the disclosure continues to report significant declines in production, orders and sales due to the COVID-19 pandemic. - FY2021-Q1SoftenedAnnual report
「During the first quarter of the current consolidated fiscal year, production, orders and sales results declined significantly, mainly due to the impact of the COVID-19 pandemic, as follows.」
Compared with the business expansion through increased production in Japan, Thailand and China and capital expenditure reported through the previous fiscal year, the current disclosure reports significant declines in production, orders and sales across the businesses due to the impact of the COVID-19 pandemic. - FY2020Postponement of operations at the Miyata PlantAnnual report
「For semiconductor process components, construction of the Miyata Plant was decided in fiscal 2017 in response to expected future demand growth, with operations scheduled to begin in fiscal 2019. However, operations were postponed because demand temporarily weakened in fiscal 2019 due to the semiconductor cycle.」
Operations at the Miyata Plant, which had been planned to begin in fiscal 2019, were changed to a postponement because demand weakened due to the semiconductor cycle. At the same time, the Company aims to begin operations in the future and optimize production allocation with its existing plants, anticipating a recovery in demand. - FY2020-Q3RestatedAnnual report
「In the Precision Components business, net sales were ¥107,165 million, down 9.4% year on year, and operating profit was ¥4,155 million, down 54.8%, due to lower volumes of ordered products and other factors.」
As in the previous quarter, the disclosure reports lower volumes of ordered products and declines in net sales and operating profit in the Precision Components business. The year-on-year declines narrowed in part from the cumulative second-quarter figures. - FY2020-Q2Continued volume decline, but at a slower rateAnnual report
「In the Precision Components business, net sales were ¥70,283 million, down 10.1% year on year, and operating profit was ¥2,154 million, down 64.6%, due to lower volumes of ordered products and other factors.」
Volumes of ordered products continue to decline in the Precision Components business. However, the year-on-year declines in net sales and operating profit narrowed from the first quarter's decreases of 13.7% and 73.8%, respectively. - FY2020-Q1From increased production to lower volumesAnnual report
「In the Precision Components business, production was ¥36,307 million, down 14.2% year on year; orders were ¥32,763 million, down 20.5%; order backlog was ¥24,679 million, down 11.3%; and net sales were ¥34,182 million, down 13.7%, due to customer inventory adjustments and other factors.」
For the Precision Components business, which had previously reported increased production and growth in results in Japan, Thailand and China, the current disclosure reports declines in production, orders, order backlog and net sales due to customer inventory adjustments and other factors. - FY2018AdvancedAnnual report
「During the current consolidated fiscal year, the Group invested a total of ¥34,010 million in capital expenditures, primarily in the Suspension Springs, Seats and Precision Components businesses, to develop and win orders for new products, improve the productivity and quality of existing products, and expand production capacity.」
The full-year capital expenditure total was ¥34,010 million, with investments made across the businesses to develop new products, improve quality and productivity, and expand production capacity. Multiple plans to install new facilities, including semiconductor manufacturing equipment component production facilities at the Miyata Plant, also remain in place. - FY2018-Q3AdvancedAnnual report
「In the Industrial Equipment and Other business, increased production in Japan resulted in production of ¥24,692 million, up 24.3% year on year; orders of ¥68,296 million, up 12.1%; order backlog of ¥8,774 million, up 23.5%; and net sales of ¥66,588 million, up 12.1%.」
The disclosure describes increased production in Japan and growth in each result for the Industrial Equipment and Other business. It also newly confirms a plan to install semiconductor manufacturing equipment component production facilities at the Miyata Plant, with planned investment of ¥8,426 million, work scheduled to begin in December 2017 and completion scheduled for January 2019. - FY2018-Q2RestatedAnnual report
「In the Precision Components business, increased production in Japan, Thailand and China resulted in production of ¥74,629 million, up 9.2% year on year; orders of ¥75,721 million, up 15.8%; order backlog of ¥27,162 million, up 21.9%; and net sales of ¥72,673 million, up 11.0%. In the Industrial Equipment and Other business, increased production in Japan resulted in production of ¥15,206 million, up 22.5% year on year; orders of ¥44,349 million, up 12.6%; order backlog of ¥8,737 million, up 21.1%; and net sales of ¥42,678 million, up 12.9%.」
The disclosure continues to cite increased production in Japan, Thailand and China and shows increases in production, orders and sales in the Precision Components and Industrial Equipment and Other businesses. - FY2018-Q1First statedAnnual report
「In the Precision Components business, increased production in Japan, Thailand and China resulted in production of ¥37,741 million, up 12.9% year on year; orders of ¥38,884 million, up 28.8%; order backlog of ¥26,222 million, up 29.5%; and net sales of ¥36,776 million, up 13.8%. In the Industrial Equipment and Other business, increased production in Japan resulted in production of ¥7,194 million, up 18.9% year on year; orders of ¥21,711 million, up 14.5%; order backlog of ¥7,804 million, up 21.7%; and net sales of ¥20,973 million, up 15.5%.」
The disclosure identifies increased production in Japan, Thailand and China as the means of increasing production, orders, order backlog and net sales in the Precision Components and Industrial Equipment and Other businesses.