Declining Orders and Lower Revenue and Profit in the First Quarter
First written in FY2017-Q1. 6 of 32 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
18 other companies' latest entry also says "Other".
- FY2026Increase in orders received; decrease in order backlogAnnual report
「For the fiscal year, orders received by the Group increased 11.4% year on year to ¥69,726 million. Although orders for presses stalled due to a downturn in investment for EVs and the impact of US tariff policies, the increase in service orders, the addition of orders from the acquired US subsidiary, and the weaker yen more than offset the decline. The order backlog fell 14.1% to ¥54,383 million as shipments of presses progressed.」
Orders received increased due to higher service orders and the effects of the acquisition, while the order backlog declined as shipments of presses progressed. - FY2026-H1Continued decline in orders received and order backlogAnnual report
「Under these conditions, orders received by the Group during the interim consolidated accounting period fell 10.8% year on year to ¥31,904 million, affected by a decline in medium- and large-sized custom-built presses. The order backlog fell 10.7% from the end of the previous fiscal year to ¥56,519 million.」
Orders received and the order backlog both declined due to a decrease in medium- and large-sized custom-built presses. - FY2025Decline in orders received and order backlogAnnual report
「For the fiscal year, orders received by the Group fell substantially for high-speed presses amid a downturn in capital investment for electric vehicles. Orders for custom-built presses, which had remained firm through the first half, also stalled in the second half, resulting in orders received of ¥62,603 million, down 20.9% year on year. The order backlog fell to ¥63,303 million, down 17.5%, due to the decline in orders received.」
Orders received and the order backlog both declined due to the downturn in capital investment for EVs and stalled growth in orders for custom-built presses. - FY2025-H1Lower orders and lower order backlogAnnual report
「Orders during the interim consolidated accounting period totaled ¥35,756 million, down 16.8% year on year, as the decline in high-speed presses for electric vehicles and general-purpose presses outweighed an increase in medium- and large-sized individual presses. The order backlog was ¥74,956 million, down 2.3% from the end of the previous fiscal year, due to orders and the effect of the stronger yen.」
Due to declines in high-speed and general-purpose presses for electric vehicles, orders received fell 16.8% year on year and the order backlog fell 2.3% from the end of the previous fiscal year. - FY2024AdvancedAnnual report
「The order backlog reached a fiscal year-end record of ¥76,705 million, up 9.0% year on year.」
Orders declined due to the reaction to the prior year's rush of orders for high-speed presses, while the fiscal year-end order backlog reached a new record. - FY2024-Q3AdvancedAnnual report
「Our orders during the cumulative third quarter totaled ¥60,351 million, down 8.5% year on year, reflecting the reaction to the rush of orders for high-speed presses in the year-earlier period. Excluding this special factor, orders remained firm. The order backlog reached a new record of ¥79,076 million, up 12.4% from the end of the previous fiscal year.」
Orders declined due to the reaction to the rush of orders for high-speed presses in the year-earlier period, while the order backlog reached ¥79,076 million, exceeding the previous quarter's ¥78,758 million and setting a new record. - FY2024-Q2AdvancedAnnual report
「Against this backdrop, our orders during the cumulative second quarter declined 9.1% year on year to ¥42,990 million due to the reaction to the rush of orders in the year-earlier period, although demand for high-speed presses for electric vehicles remained firm. The order backlog reached a new record of ¥78,758 million, up 12.0% from the end of the previous fiscal year.」
Orders declined due to the reaction to the rush of orders in the year-earlier period, while the order backlog exceeded the previous quarter's record and reached ¥78,758 million. - FY2024-Q1AdvancedAnnual report
「Against this backdrop, our orders during the cumulative first quarter declined 28.6% year on year to ¥22,679 million due to the reaction to the rush of orders in the year-earlier period, although demand for high-speed presses for electric vehicles remained firm. The order backlog reached a record high of ¥76,155 million, up 8.3% from the end of the previous fiscal year.」
Orders declined year on year, while the order backlog reached a record ¥76,155 million, up 8.3% from the end of the previous fiscal year. - FY2023-Q3Continued growth in orders and the order backlog; figures updatedAnnual report
「Against this backdrop, our orders during the cumulative third quarter totaled ¥65,929 million, up 8.6% year on year, supported by growing demand related to electric vehicles. The order backlog was ¥72,938 million, up 32.3% from the end of the previous fiscal year.」
Against the backdrop of demand related to electric vehicles, orders increased 8.6% year on year and the order backlog increased 32.3% from the end of the previous fiscal year. The recovery and expansion in orders and the order backlog continued from the cumulative second quarter. - FY2023-Q2AdvancedAnnual report
「Against this backdrop, our orders during the cumulative second quarter reached a cumulative second-quarter record of ¥47,302 million, up 11.5% year on year, supported by growing demand related to electric vehicles. The order backlog was ¥70,282 million, up 27.5% from the end of the previous fiscal year.」
Against the backdrop of demand related to electric vehicles, cumulative second-quarter orders reached a record ¥47,302 million, while the order backlog increased 27.5% from the end of the previous fiscal year. - FY2023-Q1AdvancedAnnual report
「Against this backdrop, our orders during the cumulative first quarter reached a quarterly record of ¥31,773 million, up 54.5% year on year, supported by growing demand related to electric vehicles. The order backlog also reached a record high of ¥73,251 million, up 32.8% from the end of the previous fiscal year.」
Against the backdrop of demand related to electric vehicles, both orders and the order backlog reached record highs on a quarterly and fiscal year-end basis, respectively. - FY2022Full-year recovery and expansion in orders and the order backlogAnnual report
「Our orders for the fiscal year totaled ¥78,357 million, up 48.7% from the previous fiscal year, supported by the recovery in capital spending in manufacturing industries such as the automotive industry and firm demand related to electric vehicles. The order backlog was ¥55,144 million, up 40.5% year on year.」
The recovery from the previous year's sluggish orders caused by the impact of COVID-19 expanded over the full year, with both orders and the order backlog increasing substantially. - FY2022-Q3Continued accelerating recovery in orders and the order backlogAnnual report
「Against this backdrop, our orders during the cumulative third quarter totaled ¥60,697 million, up 63.1% year on year, supported by the recovery in capital spending in the automotive industry and firm demand related to electric vehicles. The order backlog was ¥55,847 million, up 42.3% from the end of the previous fiscal year.」
Supported by the recovery in capital spending in the automotive industry and demand related to electric vehicles, orders increased 63.1% year on year and the order backlog increased 42.3% from the end of the previous fiscal year, with recovery and expansion continuing from the previous quarter. - FY2022-Q2Accelerating recovery in orders and the order backlogAnnual report
「Against this backdrop, our orders during the cumulative second quarter totaled ¥42,435 million, up 107.0% year on year, supported by the recovery in capital spending in the automotive industry and firm demand related to electric vehicles. The order backlog was ¥54,777 million, up 39.6% from the end of the previous fiscal year.」
The recovery in orders from the decline caused by the impact of COVID-19 in the previous fiscal year accelerated further from the first quarter, with orders up 107.0% year on year and the order backlog up 39.6% from the end of the previous fiscal year. - FY2022-Q1Sharp recovery in orders; higher order backlogAnnual report
「Against this backdrop, our orders during the cumulative first quarter totaled ¥20,566 million, up 128.4% year on year, supported by the recovery in capital spending in the automotive industry and firm demand related to electric vehicles. The order backlog was ¥46,739 million, up 19.1% from the end of the previous fiscal year.」
Orders, which had declined due to the impact of COVID-19, recovered to a 128.4% year-on-year increase, supported by the recovery in capital spending in the automotive industry and demand related to electric vehicles. The order backlog also increased 19.1% from the end of the previous fiscal year. - FY2021Full-year decline; recovery from the second quarter onwardAnnual report
「Our orders for the fiscal year totaled ¥52,708 million, down 15.4% from the previous fiscal year. Orders declined substantially due to restrictions on sales and service activities associated with the spread of COVID-19 and slower capital spending in the automotive industry, but began a gradual recovery from the second quarter onward as economic activity resumed, supported by orders related to electric vehicles. The order backlog was ¥38,709 million, down 12.2% year on year.」
Orders and the order backlog declined for the full year, but shifted to a recovery trend from the second quarter onward, supported by orders related to electric vehicles. - FY2021-Q3Recovery in the third quarter, but orders and the order backlog declinedAnnual report
「Our orders during the cumulative third quarter totaled ¥37,217 million, down 21.1% year on year, but had recovered since the first quarter, when they declined substantially due to restrictions on sales and service activities associated with the spread of COVID-19. The order backlog had also recovered to ¥42,080 million, down 4.6% from the end of the previous fiscal year.」
It was stated that orders and the order backlog had recovered since the first quarter, but cumulative third-quarter orders declined 21.1% year on year and the order backlog declined 4.6% from the end of the previous fiscal year. - FY2021-Q2Recovery in the second quarter, but orders and the order backlog declinedAnnual report
「Our orders during the cumulative second quarter declined substantially in the first quarter due to restrictions on sales and service activities associated with the spread of COVID-19. Orders began to recover in the second quarter, but customers' willingness to invest in equipment remained weak, resulting in orders of ¥20,502 million, down 30.8% year on year, and an order backlog of ¥38,841 million, down 11.9% from the end of the previous fiscal year.」
Orders began to recover in the second quarter, but customers' willingness to invest in equipment remained weak, with cumulative orders down 30.8% year on year and the order backlog down 11.9% from the end of the previous fiscal year. - FY2021-Q1Lower orders, order backlog and revenue due to the impact of COVID-19Annual report
「Our orders during the cumulative first quarter declined due to restrictions on sales and service activities associated with the spread of COVID-19, totaling ¥9,004 million, down 47.5% year on year. The order backlog was ¥42,546 million, down 3.5% from the end of the previous fiscal year.」
Due to restrictions on sales and service activities, orders declined 47.5% year on year and the order backlog declined 3.5% from the end of the previous fiscal year. - FY2020-Q3Lower orders and order backlog; lower revenue, higher operating profit and higher ordinary profitAnnual report
「Our results for the cumulative third quarter were affected by slower capital spending by automotive customers. Orders for press machines declined to ¥47,150 million, down 24.8% year on year, and the order backlog declined 7.2% from the end of the previous fiscal year to ¥47,274 million. Revenue declined 17.1% year on year to ¥50,809 million, mainly due to lower sales of press machines for automotive applications, particularly in China, the Americas and Europe.」
The decline in orders and the order backlog accelerated from the cumulative second quarter, with orders of ¥47,150 million, an order backlog of ¥47,274 million and revenue of ¥50,809 million. Meanwhile, operating profit increased. - FY2020-Q2Lower orders and order backlog; lower revenue and higher operating profitAnnual report
「Our results for the cumulative second quarter were affected by slower capital spending by automotive customers. Orders for press machines declined to ¥29,621 million, down 32.8% year on year, and the order backlog declined 9.1% from the end of the previous fiscal year to ¥46,280 million. Revenue declined 15.0% year on year to ¥34,274 million, mainly due to lower sales of press machines for automotive applications, particularly in China, the Americas and Europe.」
The previous trend of growth in the order backlog through the prior quarter reversed, with orders, the order backlog and revenue all declining. - FY2020-Q1Lower orders and higher order backlog; lower revenue and profitAnnual report
「Our orders during the cumulative first quarter declined, mainly due to lower orders for press machines for automotive applications, totaling ¥17,158 million, down 30.1% year on year. The order backlog was ¥52,084 million, up 2.3% from the end of the previous fiscal year. Revenue declined 15.1% year on year to ¥16,007 million, mainly due to lower sales of press machines for automotive applications, particularly overseas.」
Following the recovery trend in orders in the previous fiscal year, orders for automotive applications declined in the first quarter, resulting in a 30.1% year-on-year decline in orders. Meanwhile, the order backlog increased 2.3% from the end of the previous fiscal year, but revenue declined 15.1% year on year. - FY2019-Q3Lower orders and higher order backlog; higher revenueAnnual report
「Against this backdrop, our orders during the cumulative third quarter declined 6.2% year on year to ¥62,716 million, partly due to the loss of a large order recorded in the previous fiscal year, while the order backlog increased 2.5% from the end of the previous fiscal year to ¥60,779 million. Revenue increased 20.7% year on year to ¥61,257 million, mainly due to higher sales of press machines for automotive applications outside the Americas and the effect of newly consolidating Nippon Reliance Co., Ltd. and other companies.」
Orders declined year on year due to the loss of a large order, while the order backlog increased from the end of the previous fiscal year and revenue rose 20.7% year on year. - FY2019-Q2Continued growth in orders and the order backlog; figures updatedAnnual report
「Against this backdrop, our orders during the cumulative second quarter totaled ¥44,081 million, up 0.3% year on year, supported by firm orders for press machines for automotive applications and the effect of newly consolidating Nippon Reliance Co., Ltd. The order backlog was ¥63,090 million, up 6.4% from the end of the previous fiscal year. Revenue increased 23.1% year on year to ¥40,311 million, mainly due to higher sales of press machines for automotive applications outside the Americas and the effect of newly consolidating Nippon Reliance Co., Ltd. and other companies.」
The recovery in orders continued, with orders up 0.3% year on year, the order backlog up 6.4% from the end of the previous fiscal year and revenue up 23.1% year on year. - FY2019-Q1Continued growth in orders and the order backlog; figures updatedAnnual report
「Our orders during the cumulative first quarter increased, mainly due to higher orders for press machines for automotive applications, reaching ¥24,537 million, up 10.2% year on year. The order backlog was ¥64,997 million, up 9.6% from the end of the previous fiscal year.」
The recovery in orders that began in the previous fiscal year continued in the first quarter, with orders and the order backlog increasing year on year and from the end of the previous fiscal year, respectively. - FY2018-Q3Continued growth in orders and the order backlog; figures updatedAnnual report
「Against this backdrop, our orders during the cumulative third quarter increased substantially in both domestic and overseas markets, mainly due to higher orders for press machines, reaching ¥66,880 million, up 48.2% year on year. The order backlog was ¥66,150 million, up 40.8% from the end of the previous fiscal year. Revenue increased 6.5% year on year to ¥50,763 million, mainly due to higher sales to the automotive sector in Japan, Asia and the Americas.」
The recovery in orders and the order backlog that began in the first and second quarters continued, with orders up 48.2% year on year, the order backlog up 40.8% from the end of the previous fiscal year and revenue up 6.5% year on year. - FY2018-Q2Continued growth in orders and the order backlog; higher revenueAnnual report
「Against this backdrop, our orders during the cumulative second quarter increased substantially in both domestic and overseas markets, mainly due to higher orders for press machines, reaching ¥43,939 million, up 69.5% year on year. The order backlog was ¥58,191 million, up 23.8% from the end of the previous fiscal year. Revenue increased 3.0% year on year to ¥32,734 million, as higher sales, mainly to the automotive sector in Japan and the Americas, more than offset declines in Asia and Europe.」
Orders and the order backlog continued to recover following the first quarter, with orders up 69.5% year on year, the order backlog up 23.8% from the end of the previous fiscal year and revenue up 3.0% year on year. - FY2018-Q1Recovery in orders and the order backlog; higher revenueAnnual report
「Against this backdrop, our orders during the cumulative first quarter increased substantially in both domestic and overseas markets, mainly due to higher orders for press machines, reaching ¥22,270 million, or 2.4 times the year-earlier level. The order backlog was ¥53,464 million, up 13.8% from the end of the previous fiscal year. Revenue increased 3.0% year on year to ¥15,792 million, as higher sales, mainly to the automotive sector in Japan and the United States, more than offset declines in Asia and Europe.」
The prior year-on-year decline in orders and revenue reversed, with orders reaching 2.4 times the year-earlier level, the order backlog increasing 13.8% from the end of the previous fiscal year and revenue rising 3.0% year on year. - FY2017Full-year decline confirmedAnnual report
「Orders during the fiscal year declined 17.0% from the previous fiscal year to ¥62,655 million due to the loss of large projects and other factors. The order backlog declined 9.4% to ¥46,986 million. Revenue declined 10.6% to ¥67,547 million, as the reduction in the yen value of overseas revenue resulting from the stronger yen and lower sales of press machines for automotive applications in Japan and Asia weighed on results.」
The year-on-year declines in orders, the order backlog and revenue that had continued on a cumulative quarterly basis were also confirmed for the full year. - FY2017-Q3Continued year-on-year decline; quarterly reboundAnnual report
「Orders during the cumulative third quarter declined 29.5% year on year to ¥45,137 million, but quarterly orders in the third quarter were ¥19,217 million, up 15.3% from the second quarter. The order backlog declined 16.5% year on year to ¥49,366 million, but increased 7.2% from the end of the second quarter. Revenue declined 16.2% year on year to ¥47,650 million due to the reduction in the yen value of overseas revenue resulting from the stronger yen and lower sales of press machines for automotive applications in Japan and Asia. Operating profit declined 29.8% to ¥4,530 million due to lower revenue and the stronger yen. Ordinary profit declined 30.9% to ¥4,794 million, mainly because the foreign exchange gain recorded in the previous fiscal year as a result of the weaker yen was no longer recognized. Profit attributable to owners of the parent declined 27.5% to ¥3,410 million.」
On a cumulative basis, orders, the order backlog, revenue, operating profit, ordinary profit and net profit all declined year on year. Meanwhile, third-quarter orders alone increased 15.3% from the second quarter, and the order backlog increased 7.2%. - FY2017-Q2Continued decline; figures updatedAnnual report
「During the cumulative second quarter, the global economy followed a gradual recovery overall, with developed economies, particularly in the Americas and Europe, remaining firm while the economies of emerging countries such as China continued to stagnate. However, downside risks have increased further due to the recent issue of the UK's withdrawal from the EU and concerns about a slowdown in developed economies. In the metal forming machinery manufacturing industry, orders for both domestic and overseas markets declined, with industry orders during the cumulative second quarter totaling ¥62,159 million, down 20.6% year on year.」
Industry orders continued to decline following the first quarter, while our orders were ¥25,919 million, the order backlog was ¥46,029 million and revenue was ¥31,768 million. - FY2017-Q1First statedAnnual report
「In the metal forming machinery manufacturing industry, orders for both domestic and overseas markets declined, with industry orders during the cumulative first quarter totaling ¥29,241 million, down 34.3% year on year (press-type machinery orders according to the Japan Forging and Pressing Machinery Association). Against this backdrop, our orders declined in both domestic and overseas markets, totaling ¥9,246 million, down 61.7% year on year, while the order backlog was ¥45,786 million, down 21.4%. Revenue declined 14.1% year on year to ¥15,338 million, as growth in Europe, mainly in the automotive sector, was outweighed by declines in other regions and the reduction in the yen value of overseas revenue resulting from the stronger yen.」
First-quarter results showing year-on-year declines in industry orders, our orders, the order backlog and revenue.