Building a Stable Earnings Base for the Machine Tool Business and Developing New Markets and New Customers
First written in FY2020. 9 of 22 entries say "Worsened", first in FY2021. Latest entry: 2026-11-05.
Fuji moved to the "Worse" side of this theme in 2026.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Although the Company's major market, automotive-related capital investment, remained sluggish and resulted in an operating loss for the fiscal year, we will further strengthen our turnkey solutions business, a key strength of the Company, and work to stabilize and improve our earnings base.」
The machine tools business recorded an operating loss and retreated in terms of performance relative to the goal of building a stable earnings base, while continuing to strengthen turnkey solutions as a response. - FY2026-H1AdvancedAnnual report
「In the machine tools business, to create a cycle of sustainable earnings growth, we worked to establish a competitive advantage in the turnkey business and develop new customers by improving production efficiency and our ability to make sales proposals. We also pursued improvements in the product competitiveness of the new ACUFLEX model of multi-tasking lathe to meet diversifying production formats and demand for parts processing.」
To achieve sustainable earnings growth in the machine tools business, the Company identified improving production efficiency and sales proposal capabilities, the turnkey business, developing new customers and enhancing the product competitiveness of ACUFLEX as specific initiatives. - FY2025AdvancedAnnual report
「As this was the first year of the medium-term management plan, we were able to record operating income by advancing structural reforms, including the revamp of our organizational structure.」
The machine tools business changed from an operating loss in the previous fiscal year to operating income of ¥740 million, reflecting progress in structural reforms including the organizational restructuring. - FY2025-H1ReframedAnnual report
「In the machine tools business, we revamped our organizational structure in order to shift toward establishing a business foundation and achieving sustainable earnings growth.」
The Company shifted its stated goal from building a stable earnings base and developing new markets to establishing a business foundation and achieving sustainable earnings growth, explicitly identifying the organizational restructuring as a means of doing so. - FY2024-Q3Higher revenue, wider operating lossAnnual report
「Although revenue increased to ¥7,791 million, up ¥391 million, or 5.3%, from the cumulative third quarter period of the previous year on signs of a recovery in some areas of automotive demand, operating income/loss was a loss of ¥717 million (operating loss of ¥648 million in the same quarter of the previous year).」
The machine tools business increased revenue as some demand recovered, while the operating loss widened from ¥648 million to ¥717 million. - FY2024-Q2WorsenedAnnual report
「Sales in both the Japanese domestic and US markets remained weak. As a result, revenue was ¥5,209 million, down ¥115 million, or 2.2%, from the cumulative second quarter period of the previous year, and operating income/loss was a loss of ¥426 million (operating loss of ¥314 million in the same quarter of the previous year).」
The machine tools business recorded lower revenue, and the operating loss widened from ¥314 million in the same period of the previous year to ¥426 million. - FY2024-Q1Revenue decline and wider operating lossAnnual report
「While sales in the US market remained firm, caution continued in the Japanese domestic market toward capital investment in automotive-related equipment by the Company's major customers. As a result, revenue was ¥2,179 million, down ¥36 million, or 1.6%, from the cumulative first quarter period of the previous year, and operating income/loss was a loss of ¥246 million (operating loss of ¥112 million in the same quarter of the previous year).」
While the machine tools business benefited from firm conditions in the US market, revenue decreased because of caution toward automotive-related capital investment in Japan, and the operating loss widened from ¥112 million to ¥246 million. - FY2023Revenue growth and narrower operating lossAnnual report
「Revenue was ¥10,261 million, up ¥2,155 million (26.6%) from the previous consolidated fiscal year. The operating result was an operating loss of ¥644 million (previous fiscal year: operating loss of ¥852 million).」
Revenue increased on demand for automotive-related equipment, led by North America, and the operating loss narrowed, but the business did not build a stable earnings base or return to profitability. - FY2023-Q3Higher revenue, wider operating lossAnnual report
「Driven by increased demand for automobile-related equipment, mainly in North America, revenue was ¥7,399 million, up ¥1,623 million (28.1%) from the cumulative nine-month period of the previous fiscal year, but the operating result was an operating loss of ¥648 million (same quarter of the previous year: operating loss of ¥486 million).」
The machine tools business increased revenue by 28.1%, led by North America, but the operating loss widened from ¥486 million to ¥648 million, and it is not stated that the stable earnings base was built or that the business returned to profitability. - FY2023-Q2Revenue growth with continued operating lossAnnual report
「Driven by increased demand for automobile-related equipment, mainly in North America, revenue was ¥5,325 million, up ¥1,747 million (48.8%) from the cumulative six-month period of the previous fiscal year, but the operating result was an operating loss of ¥314 million (same quarter of the previous year: operating loss of ¥299 million).」
The machine tools business increased revenue, led by North America, but continued to record an operating loss, and it is not stated that the stable earnings base was built or that the business returned to profitability. - FY2023-Q1Recovery led by North America, but operating loss continuedAnnual report
「Demand for automotive-related equipment, led by North America, finally began to move toward recovery. As a result, revenue was ¥2,215 million, up ¥620 million, or 38.9%, from the cumulative first quarter period of the previous year, but operating income/loss was a loss of ¥112 million (operating income of ¥0 million in the same quarter of the previous year).」
The machine tools business moved toward recovery, led by North America, and revenue increased 38.9%, but it recorded an operating loss of ¥112 million. - FY2022Continued revenue growth and narrowing operating lossAnnual report
「The medium-term management plan continues to result in an operating loss due to the effects of the spread of COVID-19. While monitoring market trends as the spread of COVID-19 continues over an extended period, we will seek to build a business model through an integrated approach to sales, development and production, and pursue innovative growth toward achieving our targets.」
The machine tools business increased revenue by 3.0% and narrowed its operating loss to ¥852 million, but it did not achieve the goal of building a stable earnings base or return to profitability. - FY2022-Q3Lower Sales and Narrower Operating LossAnnual report
「While sales in North America and China showed signs of improvement and a recovery trend, caution continued in the Japanese domestic market toward capital investment by the Company's major automotive-related customers. As a result, revenue was ¥5,776 million, down ¥40 million, or 0.7%, from the cumulative third quarter period of the previous year, and operating income/loss was a loss of ¥486 million (operating loss of ¥907 million in the same quarter of the previous year).」
While revenue in the machine tools business decreased 0.7% year on year, the operating loss narrowed from ¥907 million to ¥486 million. It does not state that the stable earnings base was achieved. - FY2022-Q1Lower revenue and operating break-evenAnnual report
「Revenue was ¥1,595 million, down ¥199 million (11.1%) from the cumulative three-month period of the previous fiscal year, but operating profit was ¥0 million (same quarter of the previous year: operating loss of ¥337 million).」
While the machine tools business recorded lower revenue, it improved from an operating loss of ¥337 million in the same period of the previous year to operating income/loss of ¥0 million. It does not state that the goal of building a stable earnings base was achieved. - FY2021WorsenedAnnual report
「The medium-term management targets were not achieved because sales fell substantially and the Company recorded an operating loss as a result of the market stagnation caused by the intensifying US-China trade friction, in addition to the effects of the spread of COVID-19.」
Regarding the previous goal of building a stable earnings base in the machine tools business, the Company explicitly stated that the goal was not achieved because sales fell substantially and an operating loss was recorded. - FY2020First statedAnnual report
「We will work to build a business capable of securing stable earnings. To this end, we will enhance business value by strengthening coordination among the sales, engineering and production functions and among our Toyota operations, China and North America locations, while pursuing the development of new markets and customers beyond the automotive sector.」
For the machine tools business, the Company has set building a stable earnings base as its goal, with coordination among the 3 functions of sales, engineering and production and among its Toyota, China and North America locations, as well as developing new markets and customers, as its means of achieving it.