Acquisition of ROSECC and Expansion of the Robotic Waterjet Automation Systems Business
First written in FY2020. 8 of 16 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AdvancedAnnual report
「During the current interim consolidated accounting period, orders for large-scale equipment and consumables for the automotive-related industries continued to progress steadily from the previous fiscal year. As a result, revenue in the New Industries segment was ¥330 million, up 10.6% year on year, and operating profit was ¥46 million, up 79.1%.」
In the New Industries segment, including ROSECC, orders for large-scale equipment and consumables for the automotive-related industries continued to be solid, resulting in revenue of ¥330 million and operating profit of ¥46 million. - FY2024AdvancedAnnual report
「During the current period, orders for large-scale equipment and consumables from the automotive-related industries, which had been recovering since the second half of the previous fiscal year, progressed steadily. Revenue in the New Industries segment for the current consolidated fiscal year was ¥663 million, up 20.8% year on year, and operating profit was ¥27 million, up 54.2%.」
In the New Industries segment, including ROSECC, orders for large-scale equipment and consumables from the automotive-related industries recovered, resulting in revenue of ¥663 million and operating profit of ¥27 million. - FY2024-Q2AdvancedAnnual report
「During the current period, orders for large-scale equipment and consumables from the automotive-related industries, which had been recovering since the second half of the previous fiscal year, progressed steadily. As a result, revenue in the New Industries segment was ¥298 million, up 62.5% year on year, and operating profit was ¥25 million, compared with an operating loss of ¥15 million in the same quarter of the previous year.」
In the New Industries segment, including ROSECC, orders for large-scale equipment and consumables from the automotive-related industries recovered. Revenue increased 62.5% year on year, and operating results turned from a loss of ¥15 million to a profit of ¥25 million. - FY2024-Q1AdvancedAnnual report
「ROSECC, which became a subsidiary on 1 October 2020, is included in this segment. In addition to the automotive-related industries in which we specialize, we are developing the housing equipment-related industries. During the first quarter of the current consolidated cumulative period, orders for consumables from customers in the automotive-related industries continued to progress steadily from the second half of the previous fiscal year. As a result, revenue in the New Industries segment was ¥120 million, up 57.0% year on year, and operating profit was ¥5 million, compared with an operating loss of ¥23 million in the same quarter of the previous year.」
In the New Industries segment, including ROSECC, orders for consumables from automotive-related customers progressed steadily. Revenue increased 57.0% year on year, and operating results turned from a loss of ¥23 million to a profit of ¥5 million. - FY2023AdvancedAnnual report
「During the current consolidated fiscal year, increased demand for consumables from customers in related industries as automobile production recovered contributed to the recovery in business performance. As a result, revenue in the New Industries segment was ¥549 million, up 10.8% year on year, and operating profit was ¥18 million, compared with an operating loss of ¥25 million in the previous fiscal year.」
The New Industries segment, including ROSECC, recorded revenue of ¥549 million and operating profit of ¥18 million as demand for consumables increased alongside the recovery in automobile production, returning to profitability from an operating loss in the previous fiscal year. - FY2023-Q3Automotive production recovered, but sales were concentrated in the fourth quarterAnnual report
「ROSECC, which became a subsidiary on 1 October 2020, is included in this segment. In addition to the automotive-related industries in which we specialize, we are developing the housing equipment-related industries. As automobile production began to recover, demand for consumables in related industries increased. Inquiries and orders for large-scale projects during the current fiscal year were also solid, but scheduled sales were concentrated in the fourth quarter, so sales had not yet recovered in the current quarter.」
Automotive production recovered, demand for consumables increased, and inquiries and orders for large-scale projects were solid. However, scheduled sales were concentrated in the fourth quarter, and sales had not recovered by the third quarter. - FY2023-Q2Orders remained strong, but first-half sales were weakAnnual report
「ROSECC, which became a subsidiary on 1 October 2020, is included in this segment. In addition to the automotive-related industries in which we specialize, we are developing the housing equipment-related industries. Although inquiries were solid and we won orders for large-scale projects during the current consolidated fiscal year, sales of large-scale projects were weak in the first half. As a result, revenue in the New Industries segment was ¥183 million, down 31.6% year on year, and the operating loss was ¥15 million, compared with an operating loss of ¥0 million in the same quarter of the previous year.」
In addition to the automotive-related industries, the company developed the housing equipment-related industries and won large-scale orders, but first-half sales of large-scale projects were weak, resulting in revenue of ¥183 million, down 31.6% year on year, and an operating loss of ¥15 million. - FY2023-Q1WorsenedAnnual report
「In addition to the automotive-related industries in which we specialize, we are developing the housing equipment-related industries. Although inquiries during the current fiscal year were solid, sales were sluggish because the order backlog for large-scale projects was limited. As a result, revenue in the New Industries segment was ¥76 million, down 50.6% year on year, and the operating loss was ¥23 million, compared with operating profit of ¥1 million in the same quarter of the previous year.」
In addition to the automotive-related industries, the company continued to develop the housing equipment-related industries. Inquiries were solid, but the limited order backlog for large-scale projects resulted in revenue falling 50.6% year on year and an operating loss of ¥23 million. - FY2022WorsenedAnnual report
「The automotive-related industries, our principal customers, have not yet recovered from the impact of COVID-19. As sales of large-scale projects fell short of the previous fiscal year, when multiple large-scale projects overlapped, revenue in the New Industries segment for the current consolidated fiscal year was ¥495 million, down 4.1% year on year, and the operating loss was ¥25 million, compared with an operating loss of ¥12 million in the previous fiscal year.」
The New Industries segment, including ROSECC, posted lower revenue because of the delayed recovery in the automotive-related industries, while its operating loss widened from ¥12 million to ¥25 million. - FY2022-Q3Updated with consolidated third-quarter resultsAnnual report
「Sales of large-scale projects for the automotive-related industries in which we specialize remained steady. However, compared with the same period of the previous year, when sales of multiple large-scale projects overlapped, revenue in the New Industries segment was ¥371 million, down 15.5% year on year, and the segment recorded an operating loss of ¥17 million, compared with an operating loss of ¥12 million in the same quarter of the previous year.」
The cumulative third-quarter results for the New Industries segment, including ROSECC, were updated. Sales of large-scale projects themselves remained steady, but revenue declined year on year and the operating loss widened. - FY2022-Q2Revenue and operating deficit down year on yearAnnual report
「Sales of large-scale projects for the automotive-related industries in which we specialize remained steady. However, compared with the same period of the previous year, when sales of multiple large-scale projects overlapped, revenue in the New Industries segment was ¥268 million, down 24.9% year on year, and the segment recorded an operating loss of ¥0 million, compared with operating profit of ¥3 million in the same quarter of the previous year.」
In the New Industries segment, including ROSECC, sales of large-scale projects themselves were steady, but revenue declined 24.9% year on year because multiple large-scale projects had overlapped in the previous year, and the segment moved from operating profit to an operating loss. - FY2022-Q1AdvancedAnnual report
「Inquiries and sales of large-scale projects from the automotive-related industries in which we specialize progressed steadily. As a result, revenue in the New Industries segment was ¥155 million, up 161.1% year on year, and operating profit was ¥1 million, compared with an operating loss of ¥16 million in the same quarter of the previous year.」
In the New Industries segment, including ROSECC, inquiries and sales of large-scale projects from the automotive-related industries progressed steadily, and the segment moved from an operating loss in the previous year to operating profit. - FY2021-Q3RestatedAnnual report
「Although the automotive industry was beginning to recover, inquiries for the company had not recovered, and segment sales during the quarter were ¥439 million, with an operating loss of ¥12 million.」
The policy of expanding the business through the New Industries segment, including ROSECC, continued, but inquiries did not recover sufficiently during the quarter, resulting in revenue of ¥439 million and an operating loss of ¥12 million. - FY2021-Q2AdvancedAnnual report
「During the quarter, despite the impact of COVID-19 on its primary target market, the automotive industry, the segment benefited from several large-scale projects. Segment sales were ¥357 million and operating profit was ¥3 million.」
The New Industries segment, which includes ROSECC, won a large-scale project and recorded revenue of ¥357 million and operating profit of ¥3 million. - FY2021-Q1AdvancedAnnual report
「During the first quarter of the current consolidated cumulative period, ROSECC became a consolidated subsidiary through the acquisition of its shares. Accordingly, the classification of reportable segments was changed from the first quarter of the current consolidated accounting period.」
The acquisition of ROSECC shares on 1 October 2020 resulted in ROSECC becoming a consolidated subsidiary and being reflected in the consolidated financial statements, and a New Industries segment was established. ROSECC’s revenue for the quarter was ¥59 million and its operating loss was ¥16 million; it was stated that more time would be needed to realize synergies. - FY2020First statedAnnual report
「On 1 October this year, we made ROSECC, a company specializing in various automation systems utilizing robot and water-jet technologies, a subsidiary through an M&A transaction. We will promote expansion into new order fields by realizing synergies with the company.」
On 1 October 2020, the company acquired all shares of ROSECC and made it a wholly owned subsidiary. The consideration was ¥620 million, and the company aims to expand its order fields by mutually complementing the technologies of the two companies.