Sharp Decline in Orders in the Precision Machinery Business and Impact of the Stronger Yen
First written in FY2017-Q1. 3 of 33 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 129 of 170 companies on the "Worse" side.
- FY2026Wider growth in orders received and sales amid concerns over China’s slowdownAnnual report
「In the precision machinery business, although concerns remained over higher U.S. tariffs and a slowdown in China’s economy, demand for the company’s products, which deliver ultra-precise performance with long-term stability, remained high in the semiconductor, data center, and electric vehicle-related markets, driven by demand for generative AI. Orders received increased to ¥19,120 million, up 27.1% from the previous fiscal year. Sales increased to ¥18,300 million, up 21.5%, as production capacity improved further through automation and digital transformation at the new plant.」
Despite concerns over China’s economic slowdown and U.S. tariffs, orders received and sales increased against a backdrop of demand for generative AI, semiconductors, data centers, and electric vehicles. - 2026-05-15AdvancedFinancial results presentation
「生産体制の強化に向けて、新工場における自動化・DX化 を推進した結果、生産能力が一段と向上し、増加する需要に対して安定的な供給体制を確立」
精密機械事業について、需要の増加に対応する生産能力と供給体制の強化を記載している。 - FY2026-H1Increase in orders received and wider sales growthAnnual report
「In the precision machinery business, although concerns remained over higher U.S. tariffs and a slowdown in China’s economy, demand for the company’s products, which deliver ultra-precise performance with long-term stability, remained high in the semiconductor, data center, and electric vehicle-related markets. Orders received increased to ¥9,073 million, up 23.5% year on year. Sales increased to ¥8,646 million, up 27.0%, as production capacity improved further through automation and digital transformation at the new plant.」
Despite concerns over China’s economic slowdown and higher U.S. tariffs, demand related to semiconductors, data centers, and electric vehicles remained high, and both orders received and sales increased. The disclosure also cites improved production capacity through automation and digital transformation at the new plant. - FY2025-H1Increase in orders received and sales amid concerns over China’s economic slowdownAnnual report
「In the precision machinery business, although concerns remained over a slowdown in China’s economy, demand for the company’s products in the semiconductor, electric vehicle-related, and smartphone-related markets remained high. Orders received increased to ¥7,347 million, up 20.1% year on year, and sales increased to ¥6,807 million, up 2.9%.」
Although concerns were expressed over a slowdown in China’s economy, demand related to semiconductors, electric vehicles, and smartphones remained high, and orders received and sales increased. - FY2024Continued decline in orders received and sales growth due to China’s economic slowdownAnnual report
「In the precision machinery business, although demand from the semiconductor market and electric vehicle-related demand remained, orders received were affected by China’s economic slowdown and signs of a pause in domestic demand and declined to ¥12,338 million, down 10.8% from the previous fiscal year. Sales increased to ¥13,567 million, up 8.8%, as production and shipments of products remained steady.」
Although demand from the semiconductor and electric vehicle-related sectors remained, orders received declined due to China’s economic slowdown and signs of a pause in domestic demand. Production and shipments remained steady, and sales increased. - FY2024-Q3Decline in orders received due to China’s economic slowdown and easing domestic demand; continued sales growthAnnual report
「In the precision machinery business, although demand from the semiconductor market and electric vehicle-related demand remained, orders received were affected by China’s economic slowdown and signs of a pause in domestic demand and declined to ¥8,995 million, down 18.1% year on year. Sales increased to ¥10,125 million, up 11.9%, as production and shipments of products remained steady.」
Although demand from the semiconductor and electric vehicle-related sectors remained, orders received declined 18.1% due to China’s economic slowdown and signs of a pause in domestic demand. Production and shipments of products remained steady, and sales increased 11.9%. - FY2024-Q2Continued decline in orders received and sales growth due to China’s economic slowdownAnnual report
「In the precision machinery business, although demand from the semiconductor market and electric vehicle-related demand remained, orders received were affected by China’s economic slowdown and declined to ¥6,117 million, down 22.9% year on year. Sales increased to ¥6,612 million, up 16.3%, as production and shipments of products remained steady.」
Although demand from the semiconductor and electric vehicle-related sectors remained, orders received declined 22.9% due to the impact of China’s economic slowdown. Production and shipments of products remained steady, and sales increased 16.3%. - FY2024-Q1Decline in orders received and sales growth due to China’s economic slowdownAnnual report
「In the precision machinery business, although demand from the semiconductor market and electric vehicle-related demand remained, orders received were affected by China’s economic slowdown and declined to ¥2,868 million, down 33.0% year on year. Sales increased to ¥3,040 million, up 18.1%, as production and shipments of products remained steady.」
Although demand from the semiconductor and electric vehicle-related sectors remained, orders received declined 33.0% due to the impact of China’s economic slowdown. Production and shipments of products remained steady, and sales increased 18.1%. - FY2023-Q3Narrower increase in order intake and wider increase in net salesAnnual report
「In the precision machinery business, domestic capital investment demand showed signs of recovery, partly due to the effect of subsidies, while exports of wire electrical discharge machines to China remained strong from the previous fiscal year. Orders received were ¥10.988 billion, up 10.5% year on year, and sales were ¥9.048 billion, up 15.4%.」
Growth has continued against a backdrop of strong exports to China and a recovery in domestic capital investment demand. The growth rate for orders received narrowed from 14.9% to 10.5%, while the growth rate for sales widened from 11.3% to 15.4%. - FY2023-Q2Continued sales growth due to strong exports to China and recovery in domestic capital investmentAnnual report
「In the precision machinery business, domestic capital investment demand showed signs of recovery, partly due to the effect of subsidies, while exports of wire electrical discharge machines to China remained strong from the previous fiscal year. Orders received were ¥7.931 billion, up 14.9% year on year, and sales were ¥5.686 billion, up 11.3%.」
Growth in orders received and sales has continued due to steady exports of wire electrical discharge machines to China and a recovery in domestic capital investment demand. - FY2023-Q1Continued sales growth driven by demand in China and the semiconductor industryAnnual report
「In the precision machinery business, demand for the company’s products has remained high amid a sharp increase in production of smartphones, electronic components, and electric vehicles in China, together with rapid growth in the semiconductor market. Exports of wire electrical discharge machines remained strong, with orders received increasing to ¥4,283 million, up 21.6% year on year, while sales increased to ¥2,574 million, up 5.7%.」
Growth in China’s smartphone, electronic component, electric vehicle, and semiconductor markets was explicitly identified as a demand driver, and orders received and sales increased year on year. - FY2022Record-high orders received and salesAnnual report
「Overseas, exports of wire electrical discharge machines to China remained strong from the previous consolidated fiscal year. Orders received amounted to ¥13,137 million, up 52.3% from the previous fiscal year, and sales amounted to ¥10,898 million, up 29.1%, with both reaching record highs.」
Against a backdrop of strong exports to China and a recovery in domestic demand, orders received and sales in the precision machinery business reached record highs. - FY2022-Q3Continued growth in orders received due to strong exports to China and recovery in domestic demandAnnual report
「In the precision machinery business, domestic capital investment demand showed signs of recovery, partly due to the effect of subsidies, while exports of wire electrical discharge machines to China remained strong from the previous fiscal year. Orders received were ¥9.945 billion, up 73.4% year on year, and sales were ¥7.842 billion, up 30.6%.」
Growth in orders received and sales continued against a backdrop of strong exports to China and a recovery in domestic capital investment demand, although the growth rate for orders received narrowed from 95.0% in the cumulative period through the previous quarter. - FY2022-Q2Sharp increase in orders received due to strong exports to China and recovery in domestic demandAnnual report
「In the precision machinery business, domestic capital investment demand showed signs of recovery, partly due to the effect of subsidies, while exports of wire electrical discharge machines to China remained strong from the previous fiscal year. Orders received were ¥6.904 billion, up 95.0% year on year, and sales were ¥5.110 billion, up 31.6%.」
In addition to steady exports of wire electrical discharge machines to China, signs of a recovery in domestic capital investment demand emerged, resulting in substantial increases in orders received and sales. - FY2022-Q1Sharp increase in orders received due to strong exports to ChinaAnnual report
「Although restrictions on domestic capital investment continued, exports of wire electrical discharge machines to China remained strong from the previous fiscal year. Orders received were ¥3.524 billion, up 126.4% year on year, and sales were ¥2.434 billion, up 9.5%.」
Although restrictions on domestic capital investment continued, strong exports of wire electrical discharge machines to China resulted in orders received in the precision machinery business increasing 126.4% year on year and sales increasing 9.5%. - FY2021Wider growth in orders received and sales due to strong exports to ChinaAnnual report
「In the precision machinery business, although restrictions on domestic capital investment continued amid the ongoing impact of COVID-19, exports mainly of electrical discharge machines to China remained strong. Orders received amounted to ¥8,623 million, up 29.0% from the previous fiscal year, and sales amounted to ¥8,439 million, up 32.1%.」
Although restrictions on domestic capital investment continued, exports of electrical discharge machines to China remained strong, and the full-year growth rates for orders received and sales widened further from the levels recorded at the third-quarter point. - FY2021-Q3Increase in orders received and sales due to strong exports to ChinaAnnual report
「In the precision machinery business, while the impact of COVID-19 continued and domestic capital investment remained sluggish, exports mainly of electrical discharge machines to China remained strong. Orders received were ¥5.735 billion, up 14.7% year on year, and sales were ¥6.004 billion, up 23.2%.」
Although domestic capital investment remained weak, orders received and sales both increased due to strong exports of electrical discharge machines to China. - FY2021-Q2Continued sales growth due to the recovery in exports to China; slight decline in orders receivedAnnual report
「In the precision machinery business, while the impact of COVID-19 continued and domestic capital investment remained sluggish, exports mainly of electrical discharge machines to China recovered early. Orders received were ¥3.540 billion, down 0.3% year on year, and sales were ¥3.884 billion, up 11.9%.」
Orders received edged down due to weak domestic capital investment, while sales increased as exports of electrical discharge machines to China recovered. - FY2021-Q1Decline in orders received due to lower domestic capital investment and sales growth due to recovery in exports to ChinaAnnual report
「In the precision machinery business, amid the impact of the spread of COVID-19 and other factors, domestic capital investment declined, and orders received fell to ¥1.556 billion, down 22.9% year on year. However, sales rose to ¥2.224 billion, up 49.0%, mainly due to the recovery of exports of electrical discharge machines to China.」
Orders received declined due to the impact of COVID-19 and lower domestic capital investment, while sales increased as exports of electrical discharge machines to China recovered. - FY2020Business discussions and shipments to China placed on hold due to the impact of COVID-19Annual report
「In the precision machinery business, the company pursued community-based sales activities in Japan and worked to develop new customers. Although business discussions for precision machine tools in Japan and overseas increased, business discussions and shipping operations for wire electrical discharge machines destined for China were placed on hold due to the spread of COVID-19. Orders received amounted to ¥6,685 million, down 14.0% from the previous fiscal year, and sales amounted to ¥6,388 million, down 26.6%.」
In addition to fewer business discussions in China, business discussions and shipping operations were placed on hold due to the impact of COVID-19, resulting in year-on-year declines in both orders received and sales. - FY2020-Q3Continued decline in business discussions in China; narrower decline in orders received and wider decline in salesAnnual report
「In the precision machinery business, the company pursued regionally focused sales activities in Japan and worked to develop new customers. Although business negotiations for precision machine tools in Japan and overseas increased, negotiations mainly for electrical discharge machines for China declined. Orders received were ¥4.999 billion, down 18.9% year on year, and sales were ¥4.872 billion, down 31.2%.」
Business discussions for electrical discharge machines destined for China continued to decline. The rate of decline in orders received narrowed from 28.4% in the previous quarter to 18.9%, while the rate of decline in sales widened from 29.6% to 31.2%. - FY2020-Q2Declines in orders received and sales due to fewer business discussions in ChinaAnnual report
「In the precision machinery business, the company pursued community-based sales activities in Japan and worked to develop new customers, but business discussions mainly for wire electrical discharge machines destined for China declined. Orders received amounted to ¥3,551 million, down 28.4% year on year, and sales amounted to ¥3,469 million, down 29.6%.」
The decline in orders received and sales due to fewer overseas business discussions in the previous quarter continued, while fewer business discussions for wire electrical discharge machines destined for China led to year-on-year declines in both orders received and sales. - FY2020-Q1Declines in orders received and sales due to fewer overseas business discussionsAnnual report
「In the precision machinery business, the company pursued regionally focused sales activities in Japan and worked to develop new customers. However, as overseas business negotiations declined, orders received were ¥2.017 billion, down 31.9% year on year, and sales were ¥1.492 billion, down 35.5%.」
The trend changed from a decline in orders received and an increase in sales due to slower exports to China in the previous quarter to year-on-year declines in both orders received and sales this time, due to fewer overseas business discussions. - FY2019-Q3Decline in orders received and continued sales growth due to slower exports to ChinaAnnual report
「In the precision machinery business, the company focused on developing new customers and overseas markets and responding to market demand for high-precision machines. However, orders received fell 11.8% year on year to ¥6.168 billion as exports of electrical discharge machines to China slowed. Sales were ¥7.083 billion, up 16.7%.」
The trend changed from an increase in orders received in the previous quarter to a decline associated with the slowdown in exports of electrical discharge machines to China. Meanwhile, sales continued to increase, rising 16.7% year on year. - FY2019-Q2RestatedAnnual report
「In the precision machinery business, the company focused on developing new customers and overseas markets. As a result, supported by market demand for high-precision machines, exports of electrical discharge machines to China remained firm. Orders received were ¥4.957 billion, up 9.3% year on year, and sales were ¥4.929 billion, up 26.8%.」
Exports of electrical discharge machines to China have continued to increase, supported by the development of new customers and overseas markets and demand for high-precision machinery. - FY2019-Q1RestatedAnnual report
「In the precision machinery business, the company focused on developing new customers and overseas markets. As a result, supported by market demand for high-precision machines, exports of electrical discharge machines to China remained firm. Orders received were ¥2.961 billion, up 31.6% year on year, and sales were ¥2.315 billion, up 39.6%.」
The trend has changed from a period when lower exports due to the stronger yen and a sharp decline in orders received were reported, and higher exports and orders received supported by overseas market development and demand for high-precision machinery have continued. - FY2018-Q3RestatedAnnual report
「In the precision machinery business, the company focused on developing new customers and overseas markets. As a result, supported by smartphone demand and market demand for high-precision machines, exports of electrical discharge machines increased. Orders received were ¥6.991 billion, up 91.5% year on year, and sales were ¥6.070 billion, up 60.3%.」
The trend has changed from a period when lower exports due to the stronger yen were reported, and higher exports supported by smartphone demand and demand for high-precision machinery, together with substantial increases in orders received and sales, have continued. - FY2018-Q2ReframedAnnual report
「In the precision machinery business, the company focused on developing new customers and overseas markets. As a result, supported by smartphone demand and market demand for high-precision machines, exports of electrical discharge machines increased. Orders received were ¥4.537 billion, up 90.2% year on year, and sales were ¥3.887 billion, up 55.5%.」
The disclosure has changed from a period when it reported lower exports due to the stronger yen to one reporting substantial increases in both orders received and sales, driven by higher exports supported by smartphone demand and demand for high-precision machinery. - FY2018-Q1ReframedAnnual report
「In the precision machinery business, the company focused on replacement demand from existing customers and developing overseas markets. As a result, supported in part by increased exports due to the weaker yen, orders received were ¥2.250 billion, up 72.4% year on year, and sales were ¥1.658 billion, up 35.6%.」
Orders received and sales both turned to increases this time, from declines in exports and in orders received and sales caused by the stronger yen in the first quarter of the previous fiscal year, against a backdrop of increased exports due to the weaker yen. - FY2017The rates of decline in both orders received and sales narrowedAnnual report
「In the precision machinery business, the company focused on replacement demand from existing customers and developing overseas markets. However, amid a decline in exports due to the stronger yen, orders received were ¥5.292 billion, down 19.7% from the previous fiscal year, and sales were ¥5.463 billion, down 13.0%.」
The rate of decline in orders received narrowed from 34.2% in the third quarter to 19.7%, while the rate of decline in sales narrowed from 24.1% to 13.0%. - FY2017-Q3The rate of decline in orders received narrowed, while the rate of decline in sales widenedAnnual report
「In the precision machinery business, the company focused on replacement demand from existing customers and developing overseas markets. However, amid a decline in exports due to the stronger yen, orders received were ¥3.650 billion, down 34.2% year on year, and sales were ¥3.787 billion, down 24.1%.」
The rate of decline in orders received narrowed from 45.4% previously to 34.2%, while the rate of decline in sales widened from 21.9% to 24.1%. - FY2017-Q2The rate of decline in sales widenedAnnual report
「In the precision machinery business, the company focused on replacement demand from existing customers and developing overseas markets. However, amid a decline in exports due to the stronger yen, orders received were ¥2.386 billion, down 45.4% year on year, and sales were ¥2.500 billion, down 21.9%.」
Orders received declined 45.4% year on year, the same rate of decline as previously, while the rate of decline in sales widened from 8.1% previously to 21.9%. - FY2017-Q1First statedAnnual report
「In the precision machinery business, the company focused on replacement demand from existing customers and developing overseas markets. However, amid a decline in exports due to the stronger yen, orders received were ¥1.305 billion, down 45.4% year on year, and sales were ¥1.223 billion, down 8.1%.」
Although the company pursued the development of overseas markets, orders received and sales declined against a backdrop of lower exports due to the stronger yen, with orders received declining particularly sharply.