Decline in Sales of Presses for Automotive Applications in Japan and Asia
First written in FY2017-Q2. . Latest entry: FY2026.
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- FY2026Lower revenue and higher profit in Japan; flat revenue and lower profit in AsiaAnnual report
「Japan: Although revenue fell to ¥42,743 million, down 8.3% year on year, due to declines in general-purpose and high-speed press machine sales, segment profit rose 6.7% to ¥2,997 million, owing mainly to improved profitability of individual press machines and increased service revenue. Asia: Although sales of general-purpose press machines increased, revenue was broadly in line with the previous fiscal year at ¥10,707 million, down 1.2% year on year, due to a decline in high-speed press machine sales. Segment profit fell 59.7% to ¥206 million, mainly due to a lower gross margin.」
Japan reported higher profit despite lower revenue, supported by improved profitability and increased service revenue, while Asia reported a significant decline in profit due to a lower gross margin despite broadly flat revenue. - FY2026-H1Japan: higher sales and profits; Asia: lower sales and profitsAnnual report
「Japan: Sales rose 4.8% year on year to ¥22,723 million due to higher sales of high-speed press machines, and segment profit rose 45.6% to ¥1,484 million due to an improved product mix and improved gross margins on individual and general-purpose press machines. Asia: Sales fell 16.6% year on year to ¥4,642 million due to lower sales of individual and high-speed press machines, and segment profit fell 23.2% to ¥196 million due to lower sales and other factors.」
Japan posted higher sales and profits due to increased sales of high-speed press machines and improvements in the product mix and gross margin, while Asia posted lower sales and profits due to lower sales of individual and high-speed press machines. - FY2025Japan: higher sales and profits; Asia: lower profitsAnnual report
「Japan: Sales rose 8.6% year on year to ¥46,609 million due to higher sales of medium- and large-sized press machines (individual press machines), general-purpose press machines and services. Segment profit rose 152.7% to ¥2,810 million due to higher sales, improved profitability of press machines and other factors. Asia: Although sales of general-purpose press machines declined, sales rose due to higher sales of individual press machines and the impact of a weaker yen, leaving sales broadly in line with the previous fiscal year at ¥10,835 million, down 0.0% year on year. Segment profit fell 57.2% to ¥510 million due to the lower gross margin and other factors.」
Japan posted higher sales and profits due to increased sales of individual and general-purpose press machines and services and improved profitability, while Asia posted broadly flat sales and lower profits. - FY2025-H1Japan returns to profitability; Asia: lower profitsAnnual report
「Japan: Sales rose 17.2% year on year to ¥21,677 million due to higher sales of medium- and large-sized press machines (individual machines) and services. Segment profit was ¥1,019 million due to higher sales and an improved gross margin, compared with a segment loss of ¥225 million in the previous year. Asia: Sales of press machines remained firm, with sales broadly in line with the previous year at ¥5,568 million, up 5.6% year on year. Segment profit fell 58.8% to ¥255 million due to a deterioration in the gross margin.」
Japan returned to profitability from a loss in the previous year due to higher sales of medium- and large-sized individual machines and services and an improved gross margin. Asia posted higher sales but lower profits due to a deterioration in the gross margin. - FY2024Japan: higher sales and profits; Asia: higher sales and profitsAnnual report
「Japan: Sales of press machinery and services remained firm, bringing sales up 3.0% year on year to ¥42,904 million. Despite higher raw material costs and lower profitability on some large projects, segment profit rose 144.1% to ¥1,112 million due to higher sales, an improved product mix and other factors. Asia: Sales rose 1.5% year on year to ¥10,836 million due to higher service sales and the impact of a weaker yen, while segment profit rose 31.2% to ¥1,193 million due to an improved product mix and other factors.」
Japan posted higher sales and profits, while Asia also posted higher sales and profits due to higher service sales, the weaker yen and an improved product mix. - FY2024-Q3Japan returns to profitability; Asia: lower sales and higher profitsAnnual report
「Japan: Sales were broadly in line with the previous year at ¥29,584 million, up 3.4% year on year. Although the product mix improved, segment profit was limited to ¥2 million due to the impact of a lower gross margin on individual press machines, compared with a segment loss of ¥47 million in the previous year. Asia: Although sales of high-speed press machines and services remained firm, sales of individual press machines declined, bringing sales down 0.9% year on year to ¥7,615 million. Segment profit rose 40.3% to ¥774 million due to an improved product mix and other factors.」
Japan turned from a loss in the previous year to a profit of ¥2 million. Asia posted lower sales due to lower sales of individual press machines but higher profits due to an improved product mix and other factors. - FY2024-Q2Smaller loss in Japan; higher profits in AsiaAnnual report
「Japan: Sales were broadly in line with the previous year at ¥18,493 million, down 1.3% year on year. Although the gross margin improved due to an improved product mix and other factors, segment profit and loss was a loss of ¥225 million due to insufficient sales and other factors, compared with a segment loss of ¥288 million in the previous year. Asia: Although sales of general-purpose press machines and services remained firm, sales of individual press machines declined. Sales were broadly in line with the previous year at ¥5,275 million, down 2.9% year on year, while segment profit rose 82.5% to ¥620 million due to the improved gross margin.」
Japan posted a broadly flat but slightly lower level of sales, while the loss narrowed due to an improved product mix and other factors. Asia posted a slight decline in sales but higher profits due to an improved gross margin. - FY2024-Q1Japan: lower sales and a larger loss; Asia: higher sales and profitsAnnual report
「Japan: Sales fell 4.2% year on year to ¥8,546 million due to lower sales of large-sized press machines (individual machines), and segment profit and loss turned to a loss of ¥118 million due to insufficient sales, surging costs and other factors, compared with a segment loss of ¥97 million in the previous year. Asia: Sales rose 31.3% year on year to ¥2,893 million due mainly to higher sales of general-purpose press machines for the Asian region and US locations. Segment profit rose 252.6% to ¥338 million due to higher sales, an improved gross margin and other factors.」
Japan posted lower sales and a larger loss due to lower sales of large-sized individual machines, surging costs and other factors, while Asia posted higher sales and profits due mainly to increased sales of general-purpose press machines. - FY2023-Q3Japan: higher sales, turns to a loss; Asia: higher sales and profitsAnnual report
「Japan: Sales rose 6.5% year on year to ¥28,607 million due to higher sales of press machinery related to electric vehicles, but segment profit and loss turned to a loss of ¥47 million due to a lower gross margin associated with surging costs and other factors, compared with segment profit of ¥259 million in the previous year. Asia: Sales of press machinery and services recovered from the previous year, when they had declined due to lockdowns and other factors, bringing sales up 57.5% year on year to ¥7,686 million. Segment profit rose 40.7% to ¥551 million due to higher sales.」
Japan posted higher sales due to increased sales related to electric vehicles, but turned from profit in the previous year to a loss due to surging costs and other factors. Asia posted higher sales and profits due to the recovery after lockdowns. - FY2023-Q2Japan: higher sales, losses continue; Asia: higher sales and profitsAnnual report
「Japan: Sales of press machinery increased, bringing sales to ¥18,736 million, up 15.5% year on year, but segment profit and loss turned to a loss of ¥288 million due to a lower gross margin associated with surging costs and other factors, compared with segment profit of ¥85 million in the previous year. Asia: Sales of press machinery and services recovered from the previous year, when they had declined due to lockdowns, bringing sales up 128.0% year on year to ¥5,433 million. Segment profit rose 119.3% to ¥339 million due to higher sales.」
Japan posted higher sales but turned from profit in the previous year to a loss of ¥288 million due to surging costs and other factors. Asia recovered substantially in both sales and profit from the previous year, which had been depressed by lockdowns. - FY2023-Q1Japan: from lower sales and profits to a loss; Asia: higher sales and profitsAnnual report
「Japan: Sales of press machinery increased, bringing sales to ¥8,917 million, up 12.1% year on year, but segment profit and loss turned to a loss of ¥97 million due to a lower gross margin associated with surging costs, compared with segment profit of ¥89 million in the previous year. Asia: Sales rose 78.9% year on year to ¥2,203 million due to higher sales of large-sized press machinery to external customers. Although the gross margin declined due to surging costs and other factors, segment profit rose 45.1% to ¥95 million due to the effect of higher sales.」
Japan posted higher sales but turned from profit in the previous year to a loss of ¥97 million due to surging costs and other factors. Asia posted higher sales and profits due to increased sales of large-sized press machinery. - FY2022Japan: lower sales and profits; Asia: higher sales and profitsAnnual report
「Japan: Although sales of medium- and small-sized press machinery remained firm, sales of large-sized press machinery declined, bringing sales down 5.1% year on year to ¥38,188 million. Segment profit fell 74.0% to ¥802 million due to lower sales, a lower gross margin associated with higher raw material costs and other factors. Asia: Sales rose 6.0% year on year to ¥7,646 million due to higher sales of press machinery and services to group companies in Japan, the US and China, and segment profit rose 10.6% to ¥745 million.」
Japan posted lower sales and profits due mainly to lower sales of large-sized press machinery, while Asia posted higher sales and profits due to higher sales to group companies. - FY2022-Q3Japan: lower sales and profits; Asia: broadly flat sales and higher profitsAnnual report
「Japan: Although sales of medium- and small-sized press machinery and services remained firm, sales of large-sized press machinery declined, bringing sales down 7.6% year on year to ¥26,866 million. Segment profit fell 87.4% to ¥259 million due to lower sales, a lower gross margin, higher research and development expenses and other factors. Asia: Although sales of press machinery to Asian customers declined due to the renewed spread of COVID-19, operations at the Malaysia plant recovered in the third quarter, and sales of press machinery to group companies in Japan, the US and China increased. As a result, sales were broadly in line with the previous fiscal year at ¥4,879 million, down 1.8% year on year, while segment profit rose 1.1% to ¥392 million.」
Japan posted lower sales due mainly to lower sales of large-sized press machinery and substantially lower profits due to the lower gross margin, higher research and development expenses and other factors. Although Asia recorded lower sales to customers, sales were broadly in line with the previous year and profit increased due to the recovery in operations at the Malaysia plant and higher sales to group companies. - FY2022-Q2Lower sales and profits continue in Japan and AsiaAnnual report
「Japan: Although sales of small press machinery and services remained firm, sales of medium- and large-sized press machinery declined, bringing sales down 13.5% year on year to ¥16,215 million. Segment profit fell 92.3% to ¥85 million due to lower sales, a lower gross margin and other factors. Asia: Although service sales remained firm, sales of press machinery declined due to the loss of medium- and large-sized press projects and the reduced operating level at the Malaysia plant associated with the renewed spread of COVID-19. Sales fell 36.2% year on year to ¥2,383 million, and segment profit fell 50.2% to ¥155 million due to lower sales and other factors.」
Japan posted lower sales and profits due to lower sales of medium- and large-sized press machinery, while Asia also posted lower sales and profits due to the loss of large projects and the reduced operating level at the Malaysia plant. - FY2022-Q1Japan: lower sales and profits; Asia: lower sales and higher profitsAnnual report
「Japan: Although sales of medium- and small-sized press machinery and services remained firm, sales of large-sized press machinery declined, bringing sales down 3.2% year on year to ¥7,958 million. Segment profit fell 66.3% to ¥89 million due to lower sales and other factors. Asia: Sales of medium- and large-sized press machinery to external customers declined. Although sales of small press machinery to group companies recovered, they remained sluggish due to the reduced operating level at the Malaysia plant associated with the renewed spread of COVID-19 and other factors. Sales fell 12.2% year on year to ¥1,231 million, while segment profit rose 503.8% to ¥66 million due to an improved gross margin and other factors.」
Japan posted lower sales and profits due to lower sales of large-sized press machinery. Asia posted lower sales but segment profit rose 503.8% year on year due to an improved gross margin and other factors. - FY2021Lower sales and profits in Japan and AsiaAnnual report
「Japan: Although first-quarter sales declined due to the impact of the spread of COVID-19, they recovered from the second quarter onward. Sales fell 17.3% year on year to ¥40,237 million, and segment profit fell 34.7% to ¥3,087 million due to lower sales and other factors. Asia: Although the impact of the spread of COVID-19 became limited from the second quarter onward, sluggish orders resulted in sales falling 12.3% year on year to ¥7,212 million, while segment profit fell 36.6% to ¥673 million due to lower sales and a lower gross margin.」
Although recovery from the second quarter onward or a lessening of the pandemic impact was reported for Japan and Asia, both regions posted lower sales and profits for the full year. - FY2021-Q3Recovery in the third quarter, but lower sales and profits in Japan and AsiaAnnual report
「Japan: Although first-quarter sales declined due to the impact of the spread of COVID-19, they recovered from the second quarter onward. Sales fell 18.0% year on year to ¥29,085 million, and segment profit fell 36.4% to ¥2,070 million due to lower sales and other factors. Asia: Although the impact of the spread of COVID-19 became limited from the second quarter onward, sales fell 23.8% year on year to ¥4,971 million due mainly to sluggish order growth, and segment profit fell 55.0% to ¥387 million due to lower sales, a deterioration in the cost ratio and other factors.」
Although the source describes a recovery in Japan from the second quarter onward and a less significant impact from the pandemic in Asia, both regions posted lower sales and profits for the nine months ended in the third quarter. - FY2021-Q2Lower sales and profits in Japan and Asia due to the impact of COVID-19Annual report
「Japan: Mainly in the first quarter, sales of press machinery declined due to restrictions on sales activities and delays in production and shipments associated with the spread of COVID-19. Sales fell 22.8% year on year to ¥18,749 million, and segment profit fell 51.4% to ¥1,114 million due to lower sales and other factors. Asia: Mainly in the first quarter, sales of press machinery and services declined due to restrictions on sales and service activities and plant shutdowns. Sales fell 12.5% year on year to ¥3,734 million, and segment profit fell 46.9% to ¥311 million due to lower sales, a deterioration in the cost ratio and other factors.」
Both Japan and Asia posted lower sales and profits due to activity restrictions, production delays and other factors associated with COVID-19. - FY2021-Q1Lower sales and profits in Japan and Asia due to the impact of COVID-19Annual report
「Japan: Sales of press machinery declined due to restrictions on sales activities and delays in production and shipments associated with the spread of COVID-19, bringing sales down 27.6% year on year to ¥8,219 million. Segment profit fell 65.6% to ¥264 million due to lower sales and other factors. Asia: Sales of press machinery and services declined due to restrictions on sales and service activities, delays in production caused by plant shutdowns and other factors, bringing sales down 36.4% year on year to ¥1,403 million. Segment profit fell 96.7% to ¥10 million due to lower sales and other factors.」
Both Japan and Asia posted lower sales and profits due to activity restrictions, production delays and other factors associated with COVID-19. - FY2020-Q3Lower sales in Japan and Asia; higher profits in Japan and lower profits in AsiaAnnual report
「Japan: Sales fell 7.1% year on year to ¥35,474 million due to lower sales of press machinery for the automotive sector, but segment profit rose 112.5% to ¥3,252 million due to the improved cost ratio and other factors. China: Sales fell 49.4% year on year to ¥5,120 million due to lower sales of press machinery for the automotive sector, and segment profit fell 73.8% to ¥153 million due to lower sales. Asia: Sales of press machinery and services remained relatively firm, with sales falling 4.4% year on year to ¥6,520 million, while segment profit fell 5.7% to ¥862 million.」
Both Japan and Asia posted lower sales. Japan recorded a substantial increase in profit due to an improved cost ratio, while Asia posted lower profits. - FY2020-Q2Lower sales in Japan and Asia; higher profitsAnnual report
「Japan: Sales of press machinery and services remained firm, with sales falling 6.0% year on year to ¥24,281 million. Segment profit rose 122.6% to ¥2,291 million, reflecting an improved cost ratio and other factors. Asia: Sales of press machinery and services remained firm, with sales falling 7.5% year on year to ¥4,267 million. Segment profit rose 5.5% to ¥586 million, reflecting an improved cost ratio and other factors.」
Both Japan and Asia posted lower sales, while segment profit increased due to the improved cost ratio and other factors. - FY2020-Q1Lower sales in Japan and Asia; higher profits in Japan and lower profits in AsiaAnnual report
「Japan: Sales of press machinery for the automotive sector remained generally firm, with sales falling 3.5% year on year to ¥11,360 million. Segment profit rose 64.3% to ¥769 million, reflecting an improved gross margin on press machinery sales and other factors. China: Sales fell 41.4% year on year to ¥1,598 million due to lower sales of press machinery for the automotive sector, and segment profit fell 56.5% to ¥38 million due to lower sales and other factors. Asia: Sales fell 9.2% year on year to ¥2,206 million due to lower sales of small press machinery to group companies at the Malaysia plant, and segment profit fell 5.0% to ¥327 million due to lower sales and other factors.」
Japan posted lower sales but higher profits due to an improved gross margin and other factors, while China and Asia recorded declines in both sales and segment profit. - FY2019-Q3Higher sales and lower profits continue in Japan and AsiaAnnual report
「Japan: Sales rose 20.6% year on year to ¥38,196 million, due mainly to higher sales of press machinery for the automotive sector and the effects of newly consolidating Nihon Reliance Co., Ltd. However, segment profit fell 28.3% to ¥1,530 million due to the higher cost ratio and other factors. Asia: Sales rose 8.3% year on year to ¥6,823 million, mainly due to higher sales of press machinery for the automotive sector, but segment profit fell 24.6% to ¥915 million due to the higher cost ratio and other factors.」
Both Japan and Asia posted higher sales, while segment profit declined year on year due to the higher cost ratio and other factors. - FY2019-Q2Higher sales and lower profits continue in Japan and AsiaAnnual report
「Japan: Sales rose 24.2% year on year to ¥25,840 million, due mainly to higher sales of press machinery for the automotive sector and the effects of newly consolidating Nihon Reliance Co., Ltd. and other companies. However, segment profit fell 25.6% to ¥1,029 million due to the higher cost ratio and other factors. Asia: Sales rose 12.4% year on year to ¥4,615 million due to higher sales of press machinery for the automotive sector, but segment profit fell 35.1% to ¥555 million due to the higher cost ratio and other factors.」
Both Japan and Asia posted higher sales, while segment profit declined year on year due to the higher cost ratio and other factors. - FY2019-Q1Japan and Asia shift to higher sales and lower profitsAnnual report
「Japan: Sales rose 17.1% year on year to ¥11,774 million, due mainly to higher sales of press machinery for the automotive sector and the effects of newly consolidating Nihon Reliance Co., Ltd. and other companies. However, segment profit fell 13.5% to ¥468 million, primarily due to the higher cost ratio. Asia: Sales rose 20.6% year on year to ¥2,430 million, mainly due to higher sales of small press machinery and services, but segment profit fell 8.3% to ¥344 million due to the higher cost ratio and other factors.」
Both regions shifted from the previous trend of lower sales in Japan and Asia to higher sales, but profits declined in both regions due to the higher cost ratio and other factors. - FY2018-Q3Higher sales in both Japan and Asia; higher profit in AsiaAnnual report
「Japan: Sales of press machinery for the automotive sector increased, bringing sales to ¥31,695 million, up 7.1% year on year. However, segment profit fell 15.8% to ¥2,139 million, due to the higher cost ratio, centenary-related expenses, additional costs and other factors. Asia: Sales rose 6.1% year on year to ¥11,588 million, mainly due to higher sales of press machinery for the automotive sector and services, while segment profit rose 37.1% to ¥1,259 million, reflecting an improved gross margin and other factors.」
Japan posted higher sales but lower profits due to the higher cost ratio, centenary-related expenses and additional costs, while Asia posted higher sales and profits. - FY2018-Q2Japan: higher sales and lower profits; Asia: lower sales and higher profitsAnnual report
「Japan: Sales of press machinery for the automotive sector increased, bringing sales to ¥20,770 million, up 6.9% year on year. However, segment profit fell 19.3% to ¥1,448 million, due to the higher cost ratio, centenary-related expenses and other factors. Asia: Although sales fell 2.8% year on year to ¥7,131 million, mainly due to lower percentage-of-completion revenue from medium- and large-sized press machinery for the automotive sector, primarily in China, segment profit rose 20.9% to ¥801 million, reflecting an improved gross margin.」
Japan posted higher sales but lower profits due to the higher cost ratio and other factors, while Asia posted lower sales but higher profits on an improved gross margin. - FY2018-Q1Japan: higher sales and profits; Asia: lower sales and higher profitsAnnual report
「Japan: Sales of press machinery for the automotive sector increased, bringing sales to ¥10,059 million, up 14.8% year on year, and segment profit to ¥555 million, up 9.3%. Asia: Although sales fell 8.3% year on year to ¥3,532 million, mainly due to lower percentage-of-completion revenue from medium- and large-sized press machinery for the automotive sector, primarily in China, segment profit rose 65.5% to ¥439 million, reflecting an improved gross margin.」
Japan returned to higher sales and profits on increased sales to the automotive sector, while Asia recorded a substantial increase in profit despite lower sales, owing to an improved gross margin. - FY2017Full-year lower revenue and profit in Japan and AsiaAnnual report
「Japan: Sales of press machines to the automotive industry declined, reducing revenue 6.5% from the previous consolidated fiscal year to ¥41,176 million. Segment profit decreased 29.1% to ¥3,521 million due to lower revenue. Asia: Revenue decreased 27.3% from the previous consolidated fiscal year to ¥15,259 million due to sluggish sales to the automotive industry. Segment profit decreased 34.5% to ¥1,519 million due to lower revenue and other factors.」
In Japan and Asia, lower sales and profits due to weak sales to the automotive sector continued for the full year. - FY2017-Q3Updated cumulative lower revenue and profit in Japan and AsiaAnnual report
「Japan: Sales of medium- and large-sized press machines to the automotive industry declined, reducing revenue 11.4% year on year to ¥29,595 million. Segment profit decreased 31.3% to ¥2,540 million due to lower revenue. Asia: Revenue decreased 33.6% year on year to ¥10,919 million due to sluggish sales to the automotive industry. Segment profit decreased 55.4% to ¥918 million due to lower revenue and other factors.」
Through the third quarter, sales to the automotive industries in both Japan and Asia continued to decline, resulting in lower revenue and segment profit year on year. - FY2017-Q2First statedAnnual report
「Revenue decreased 15.2% year on year to ¥31,768 million due to the decline in the yen-denominated value of overseas revenue caused by the stronger yen and lower press-machine sales to the automotive industries in Japan and Asia.」
The decline in press-machine sales to the automotive industries in Japan and Asia is explicitly identified as a factor behind the cumulative revenue decline through the second quarter.