Komori
Ishikawa Seisakusho (6208) · FactLower revenue from paper-processing machinery; higher orders but lower revenue from contract manufacturingLatest Results (2026-08-07): "Other"

Growth in orders and sales for paper-processing machinery and contract manufacturing

First written in FY2017-Q2. 9 of 33 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-08-07.

33entries
11years
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How it moved
ProgressHeldSoftenedWorseOtherFY2017-Q2 – FY2018-Q3WorsenedFY2019-Q1 – FY2020OtherFY2021-Q1 – FY2025-H12016: 12017: 420172018: 320182019: 420192020: 420202021: 320212022: 320222023: 420232024: 220242025: 220252026: 32026
Same theme, other companies
Order and revenue trends in paper machinery and contract manufacturingA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

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  1. 2026-08-07OtherResults

    「Paper Converting Machinery Order intake increased 59.6% year on year to ¥729 million, while net sales increased 29.8% to ¥445 million. Defense Equipment Order intake decreased 28.7% year on year to ¥1,686 million, while net sales increased 2.6% to ¥2,930 million. Contract Manufacturing Order intake decreased 49.8% year on year to ¥201 million, while net sales decreased 2.7% to ¥307 million.」

    Paper Converting Machinery recorded increases in both order intake and net sales, while Defense Equipment saw lower orders but higher revenue, and contract manufacturing recorded declines in both. Trends diverged by business.
  2. FY2026Lower revenue from paper-processing machinery; higher orders but lower revenue from contract manufacturingAnnual report

    「Paper machinery: Orders received were ¥1,982 million, down 22.3% from the previous consolidated fiscal year, and sales were ¥2,694 million, down 10.8%. Contract manufacturing: Orders received were ¥1,306 million, up 22.4% from the previous consolidated fiscal year, and sales were ¥1,112 million, down 13.5%.」

    Paper machinery recorded declines in both orders received and sales. Contract manufacturing saw orders received increase but sales decline, resulting in divergent performance by business.
  3. 2026-05-11OtherResults

    「In Paper Converting Machinery, order intake decreased 22.3% from the previous consolidated fiscal year to ¥1,982 million, while net sales decreased 10.8% to ¥2,694 million.」

    Both order intake and net sales declined in Paper Converting Machinery. By contrast, order intake in contract manufacturing increased 22.4%, showing divergent trends across businesses.
  4. FY2026-H1Paper machinery orders down, contract manufacturing expandsAnnual report

    「Paper machinery Orders received were ¥868 million, down 35.9% year on year, and sales were ¥1,010 million, down 0.7%. Contract manufacturing Orders received were ¥771 million, up 101.4% year on year, and sales were ¥625 million, up 12.7%.」

    Paper machinery recorded declines of 35.9% in orders received and 0.7% in sales, while contract manufacturing recorded increases of 101.4% in orders received and 12.7% in sales. Performance in the two businesses diverged.
  5. FY2025WorsenedAnnual report

    「Paper machinery: Orders received were ¥2,550 million, down 18.5% from the previous consolidated fiscal year, and sales were ¥3,021 million, down 11.1%. Contract manufacturing: Orders received were ¥1,067 million, down 36.0% from the previous consolidated fiscal year, and sales were ¥1,286 million, down 16.0%.」

    Both paper machinery and contract manufacturing recorded lower orders received and sales than in the previous period. Contract manufacturing orders received declined particularly sharply, by 36.0%.
  6. FY2025-H1Sales down in both paper machinery and contract manufacturingAnnual report

    「Paper machinery Orders received were ¥1,353 million, down 28.9% year on year, and sales were ¥1,017 million, down 15.7%. Contract manufacturing Orders received were ¥383 million, down 53.4% year on year, and sales were ¥555 million, down 29.6%.」

    Both paper machinery and contract manufacturing recorded lower orders received and sales than in the same period of the previous year. Contract manufacturing orders received declined particularly sharply, by 53.4%.
  7. FY2024-Q3Paper machinery sales up, contract manufacturing sales downAnnual report

    「Paper machinery Orders received were ¥2,786 million, up 0.8% year on year, and sales were ¥1,571 million, up 13.4%. Contract manufacturing Orders received were ¥1,281 million, down 14.5% year on year, and sales were ¥1,167 million, down 12.9%.」

    Paper machinery recorded increases in both orders received and sales, while contract manufacturing saw declines in both. Performance diverged by business.
  8. FY2024-Q2Paper machinery sales up, contract manufacturing sales downAnnual report

    「Paper machinery Orders received were ¥1,905 million, down 17.3% year on year, and sales were ¥1,207 million, up 7.4%. Contract manufacturing Orders received were ¥821 million, down 15.3% year on year, and sales were ¥788 million, down 5.3%.」

    Paper machinery saw orders received decline, while sales increased. Contract manufacturing recorded lower orders received and sales than in the same period of the previous year.
  9. FY2024-Q1Paper machinery sales up, contract manufacturing sales downAnnual report

    「Paper machinery Orders received were ¥727 million, down 46.5% year on year, and sales were ¥478 million, up 75.1%. Contract manufacturing Orders received were ¥460 million, down 5.1% year on year, and sales were ¥322 million, down 26.4%.」

    Paper machinery saw orders received decline 46.5%, while sales increased 75.1%. Contract manufacturing recorded declines of 5.1% in orders received and 26.4% in sales, resulting in divergent performance by business.
  10. FY2023Orders and sales up in both paper machinery and contract manufacturingAnnual report

    「Paper machinery: Orders received were ¥3,850 million, up 88.0% from the previous consolidated fiscal year, and sales were ¥2,743 million, up 59.0%. Contract manufacturing: Orders received were ¥1,840 million, up 44.7% from the previous consolidated fiscal year, and sales were ¥1,838 million, up 54.9%.」

    Both paper machinery and contract manufacturing recorded higher orders received and sales than in the previous period. Expansion in both businesses was confirmed for the full fiscal year, driven by a recovery in capital investment demand and other factors.
  11. FY2023-Q3Orders up in both paper machinery and contract manufacturing, sales divergeAnnual report

    「Paper machinery Orders received were ¥2,763 million, up 128.2% year on year, and sales were ¥1,386 million, down 3.2%. Contract manufacturing Orders received were ¥1,498 million, up 79.0% year on year, and sales were ¥1,340 million, up 68.6%.」

    Paper machinery saw a substantial increase in orders received, while sales declined. Contract manufacturing recorded increases in both orders received and sales, resulting in divergent performance by business.
  12. FY2023-Q2Orders and sales up in both paper machinery and contract manufacturingAnnual report

    「Paper machinery Orders received were ¥2,304 million, up 263.7% year on year, and sales were ¥1,124 million, up 50.3%. Contract manufacturing Orders received were ¥969 million, up 58.1% year on year, and sales were ¥832 million, up 65.1%.」

    Paper machinery recorded increases in both orders received and sales, and contract manufacturing also recorded increases in both. Growth in orders and sales year on year was confirmed in both businesses.
  13. FY2023-Q1Paper machinery sales down, contract manufacturing sales upAnnual report

    「Paper machinery Orders received were ¥1,357 million, up 268.0% year on year, and sales were ¥273 million, down 27.8%. Contract manufacturing Orders received were ¥485 million, up 52.9% year on year, and sales were ¥437 million, up 73.4%.」

    Paper machinery saw orders received increase 268.0%, while sales declined 27.8%. Contract manufacturing recorded increases of 52.9% in orders received and 73.4% in sales, resulting in divergent performance by business.
  14. FY2022-Q3Paper machinery sales down, contract manufacturing sales upAnnual report

    「Paper machinery Orders received were ¥1,211 million, down 23.0% year on year, and sales were ¥1,432 million, down 23.4%. Contract manufacturing Orders received were ¥837 million, up 82.3% year on year, and sales were ¥794 million, up 31.2%.」

    Paper machinery recorded declines in both orders received and sales, with sales down 23.4%. Contract manufacturing recorded increases of 82.3% in orders received and 31.2% in sales, resulting in divergent performance by business.
  15. FY2022-Q1Paper machinery sales down, contract manufacturing orders upAnnual report

    「Paper machinery Orders received were ¥368 million, down 5.2% year on year, and sales were ¥378 million, down 48.5%. Contract manufacturing Orders received were ¥317 million, up 165.1% year on year, and sales were ¥252 million, down 1.3%.」

    Paper machinery recorded declines in both orders received and sales, with sales down 48.5%. Contract manufacturing saw orders received increase 165.1%, while sales declined 1.3%.
  16. FY2021Paper machinery sales up, contract manufacturing downAnnual report

    「Paper machinery: Orders received were ¥2,465 million, up 28.1% from the previous consolidated fiscal year, and sales were ¥2,632 million, up 34.3%. Contract manufacturing: Orders received were ¥794 million, down 39.5% from the previous consolidated fiscal year, and sales were ¥871 million, down 34.4%.」

    Paper machinery recorded increases in both orders received and sales, while contract manufacturing saw declines in both.
  17. FY2021-Q3Paper machinery sales up, contract manufacturing downAnnual report

    「Paper machinery Orders received were ¥1,572 million, down 2.4% year on year, and sales were ¥1,870 million, up 65.8%. Contract manufacturing Orders received were ¥459 million, down 52.5% year on year, and sales were ¥605 million, down 41.9%.」

    Paper machinery saw a slight decline in orders received, while sales increased 65.8%. Contract manufacturing, meanwhile, recorded substantial declines in both orders received and sales.
  18. FY2021-Q2Paper machinery expands, contract manufacturing declinesAnnual report

    「Paper machinery Orders received were ¥1,280 million, up 117.5% year on year, and sales were ¥1,297 million, up 83.4%. Contract manufacturing Orders received were ¥274 million, down 59.4% year on year, and sales were ¥403 million, down 34.9%.」

    Paper machinery recorded substantial increases in both orders received and sales, while contract manufacturing saw declines in both. Performance diverged by business.
  19. FY2021-Q1Paper machinery sales up, contract manufacturing orders downAnnual report

    「Paper machinery Orders received were ¥389 million, up 37.2% year on year, and sales were ¥734 million, up 217.7%. Contract manufacturing Orders received were ¥119 million, down 48.5% year on year, and sales were ¥256 million, up 4.3%.」

    Paper machinery recorded increases in both orders received and sales, with sales up 217.7%. Contract manufacturing, meanwhile, saw orders received decline 48.5%, while sales rose only 4.3%.
  20. FY2020WorsenedAnnual report

    「Paper machinery: Orders received were ¥1,923 million, down 23.2% from the previous consolidated fiscal year, and sales were ¥1,959 million, down 5.7%. Contract manufacturing: Orders received were ¥1,314 million, down 25.9% from the previous consolidated fiscal year, and sales were ¥1,327 million, down 22.8%.」

    Both paper machinery and contract manufacturing recorded lower orders received and sales than in the previous period, and declines in both businesses continued.
  21. FY2020-Q3WorsenedAnnual report

    「Paper machinery Orders received were ¥1,612 million, down 19.6% year on year, and sales were ¥1,127 million, down 4.9%. Contract manufacturing Orders received were ¥967 million, down 32.7% year on year, and sales were ¥1,042 million, down 22.0%.」

    Both paper machinery and contract manufacturing recorded lower orders received and sales than in the same period of the previous year, and declines in both businesses continued.
  22. FY2020-Q2WorsenedAnnual report

    「Paper machinery Orders received were ¥588 million, down 39.1% year on year, and sales were ¥707 million, down 22.7%. Contract manufacturing Orders received were ¥674 million, down 31.2% year on year, and sales were ¥620 million, down 33.0%.」

    Both paper machinery and contract manufacturing recorded lower orders received and sales than in the same period of the previous year, and declines in both businesses continued.
  23. FY2020-Q1WorsenedAnnual report

    「Paper machinery Orders received were ¥283 million, up 9.9% year on year, and sales were ¥231 million, down 27.5%. Contract manufacturing Orders received were ¥232 million, down 59.4% year on year, and sales were ¥245 million, down 49.9%.」

    Paper machinery saw an increase in orders received but a decrease in sales, while contract manufacturing recorded substantial declines in both orders received and sales. Both businesses are deteriorating from their expansion trend compared with the same period of the previous year.
  24. FY2019WorsenedAnnual report

    「Paper machinery: Orders received were ¥2,505 million, down 24.1% from the previous consolidated fiscal year, and sales were ¥2,078 million, down 45.5%. Contract manufacturing: Due to a decline in orders from customers, orders received were ¥1,774 million, down 22.0% from the previous consolidated fiscal year, and sales were ¥1,719 million, down 26.5%.」

    Both paper machinery and contract manufacturing recorded lower orders received and sales than in the previous year, deteriorating from the expansion trend through the previous fiscal year.
  25. FY2019-Q3WorsenedAnnual report

    「Paper machinery Orders received were ¥2,004 million, down 26.4% year on year, and sales were ¥1,185 million, down 41.3%. Contract manufacturing Orders received were ¥1,436 million, down 16.6% year on year, and sales were ¥1,336 million, down 20.7%.」

    Both paper machinery and contract manufacturing recorded lower orders received and sales than in the same period of the previous year, deteriorating from the expansion trend through the previous fiscal year.
  26. FY2019-Q2WorsenedAnnual report

    「Paper machinery Orders received were ¥965 million, down 60.3% year on year, and sales were ¥915 million, down 33.4%. Contract manufacturing Orders received were ¥981 million, down 11.4% year on year, and sales were ¥926 million, down 10.6%.」

    Both paper machinery and contract manufacturing recorded lower orders received and sales than in the same period of the previous year, deteriorating from the expansion trend in both businesses that had continued since the previous fiscal year.
  27. FY2019-Q1WorsenedAnnual report

    「Paper machinery Orders received were ¥258 million, down 35.9% year on year, and sales were ¥318 million, down 47.4%. Contract manufacturing Orders received were ¥572 million, down 5.1% year on year, and sales were ¥490 million, down 9.6%.」

    Orders received and sales in paper machinery both fell below the same period of the previous year, while contract manufacturing also saw declines in both orders received and sales. The expansion trend in both businesses compared with the same period of the previous year shifted toward deterioration.
  28. FY2018-Q3RestatedAnnual report

    「Paper-processing machinery Orders received were ¥2.721 billion (up 17.2% year on year), and sales were ¥2.020 billion (up 30.4%). Contract manufacturing Orders received were ¥1.721 billion (up 11.0%), and sales were ¥1.685 billion (up 19.5%).」

    Both paper machinery and contract manufacturing posted higher orders received and sales than in the same period of the previous year, and the expansion trend in both businesses continued.
  29. FY2018-Q2Higher orders for both paper-processing machinery and contract manufacturingAnnual report

    「Paper-processing machinery Orders received were ¥2.430 billion (up 77.0% year on year), and sales were ¥1.375 billion (up 29.6%). Contract manufacturing Orders received were ¥1.107 billion (up 9.2%), and sales were ¥1.036 billion (up 14.0%).」

    Paper-processing machinery, whose orders received had decreased in the first quarter, shifted to increases in both orders received and sales in the cumulative second quarter. Contract manufacturing also maintained increases in orders received and sales.
  30. FY2018-Q1Lower orders for paper-processing machinery; higher orders for contract manufacturingAnnual report

    「Paper-processing machinery Orders received were ¥402 million (down 24.3% year on year), and sales were ¥606 million (up 23.3%). Contract manufacturing Orders received were ¥603 million (up 25.8%), and sales were ¥542 million (up 22.0%).」

    Orders received for paper-processing machinery decreased by 24.3%, while sales increased by 23.3%. Contract manufacturing exceeded the previous year's orders received and sales.
  31. FY2017Continued growth in orders, with some growth rates slowingAnnual report

    「Paper-processing machinery: Orders received were ¥2.726 billion (up 33.4% year on year), and sales were ¥2.095 billion (up 4.8%). Contract manufacturing: Orders received were ¥2.104 billion (up 22.8%), and sales were ¥1.993 billion (up 17.7%).」

    Both paper-processing machinery and contract manufacturing exceeded the previous year's orders received and sales. Paper-processing machinery saw strong growth in orders, while sales growth was limited to 4.8%.
  32. FY2017-Q3RestatedAnnual report

    「Paper-processing machinery: Orders received were ¥2.320 billion (up 29.2% year on year), and sales were ¥1.549 billion (up 7.9%). Contract manufacturing: Orders received were ¥1.551 billion (up 20.5%), and sales were ¥1.410 billion (up 19.8%).」

    Both paper-processing machinery and contract manufacturing exceeded the previous year's orders received and sales, maintaining their growth trend. Compared with the cumulative second quarter, however, the growth rate for paper-processing machinery sales and the growth rates for contract manufacturing orders received and sales have declined.
  33. FY2017-Q2First statedAnnual report

    「Paper-processing machinery: Orders received were ¥1.372 billion (up 45.6% year on year), and sales were ¥1.060 billion (up 24.6%). Contract manufacturing: Orders received were ¥1.014 billion (up 26.3%), and sales were ¥909 million (up 27.3%).」

    Both paper-processing machinery and contract manufacturing exceeded the previous year's orders received and sales, supporting the increase in orders across the group.
Moved together

"Increase in Inventories and Short-Term Borrowings" moved the same way as this thread, in the same document, in 7 of its 33 moves.

755543★123456
  1. ★This thread
  2. 1Increase in Inventories and Short-Term Borrowings7×
  3. 2Establishing a Stable Earnings Base and Reinstating Dividends5×
  4. 3Strengthening the Earnings Base Through Improved Management Efficiency, Lower Costs, and Higher Quality5×
  5. 4Profit decline due to higher costs in the paper machinery segment5×
  6. 5Growth in orders and sales in the Other business4×
  7. 6Year-on-year increases in orders received and net sales3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Ishikawa Seisakusho's next results are scheduled for 2026-11-09. Read the earnings preview It last moved in the Results of 2026-08-07: "Other".
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