Expansion of orders in the secondary battery manufacturing equipment business

「During the interim consolidated accounting period, in addition to continued orders for secondary battery manufacturing equipment, we actively responded to expanding market needs, including by delivering manufacturing equipment for new fields such as temperature sensors to new customers.」

「In the Industrial Equipment Business, the capital investment market in the company's core technology fields continued to expand, and inquiries from a range of sectors remained active in addition to those for secondary battery manufacturing equipment.」

「In the Industrial Equipment Business Division, increased capital investment by large companies supported continued active inquiries for production equipment projects addressing demand for capital investment by large companies, including repeat orders for secondary battery manufacturing equipment leveraging the company's core technologies and equipment related to decarbonization. As a result, sales were ¥1,416 million.」

「The industrial equipment business continued to benefit from increased capital investment by large companies. Repeat orders for our main product, secondary-battery manufacturing equipment, remained strong, while inquiries for other production-equipment projects, including both new and repeat business, also remained active.」

「The industrial equipment business continued to perform well, with strong repeat orders for its main product, secondary-battery manufacturing equipment, supported by increased capital investment by large companies, while inquiries for other production-equipment projects also remained active. As a result, Industry segment revenue was ¥310 million, up 3.4% year on year, and operating profit was ¥31 million, up 14.4% year on year.」

「In the Industrial Equipment Business Division, repeat orders for secondary battery manufacturing equipment, the main product, were exceptionally strong, and inquiries for other production equipment projects also increased. The order backlog for secondary battery manufacturing equipment at the end of the fiscal year also grew. As a result, sales were ¥1,172 million.」

「Through the second quarter, repeat orders for our main product, secondary-battery manufacturing equipment, continued to increase, enabling us to secure orders exceeding our annual sales target, while the order backlog for the following fiscal year also continued to build.」

「The industrial equipment business continued to benefit from increased repeat orders for our main product, secondary-battery manufacturing equipment, and increased inquiries for other production-equipment projects from the first quarter of the fiscal year. We secured orders exceeding our annual sales target and completed and shipped existing orders as scheduled.」

「The industrial equipment business performed well as repeat orders for our main product, secondary-battery manufacturing equipment, increased, inquiries for other production-equipment projects grew, and the business benefited from its existing order backlog. As a result, revenue in the Industry segment was ¥300 million, up 112.7% year on year, and operating profit was ¥27 million, compared with an operating loss of ¥5 million in the same quarter of the previous year.」

「In the Industrial Equipment Business Division, repeat orders for various types of secondary battery manufacturing equipment for EVs increased, but delays in procuring materials affected the shipment schedule. As a result, sales were ¥676 million. In addition, inquiries and orders from major customers have increased steadily, partly following the completion of the production headquarters building and new assembly building in April 2022.」

「In the Industrial Equipment Business, repeat orders for secondary battery manufacturing equipment, the main product, increased, and inquiries for other production equipment projects also continued to rise. However, delays in the delivery of customer-supplied materials and other items affected the completion and shipment schedule for the equipment.」

「In the industrial equipment business, repeat orders for our main product, secondary-battery manufacturing equipment, increased, while inquiries for other production-equipment projects also increased.」

「Inquiries for secondary battery manufacturing equipment, a core product of the Industrial Equipment Business Division, have improved due to increased global investment in EVs. The company can now manufacture equipment for multiple processes, and shipments of secondary battery manufacturing equipment continued to progress steadily during the current quarter, while shipments of other industrial equipment also remained strong.」

「Secondary batteries are manufactured through several processes, each of which requires dedicated manufacturing equipment. We have reached the stage where we can produce equipment for multiple processes, and during the current quarter we were able to ship equipment covering those multiple processes.」

「In the Industrial Equipment Business, inquiries for secondary battery manufacturing equipment began to recover, but sales in the current quarter remained sluggish because few orders had been carried over from the previous fiscal year.」

「Investment declined amid worsening relations between the United States and China and other changes in conditions, causing orders for secondary battery manufacturing equipment from major engineering companies to fall below plan. As orders for other equipment projects also remained broadly sluggish, sales were ¥471 million, down 55.1% year on year.」

「In the Industrial Equipment Business, orders received were shipped and recorded as sales as scheduled, but orders for equipment related to secondary battery manufacturing equipment had not recovered.」

「Orders for equipment related to secondary battery manufacturing equipment fell sharply as investment by Chinese companies declined.」

「We steadily secured orders and recorded sales during the fiscal year for planned projects, including projects for major engineering companies.」

「The Industrial Equipment Business Division shipped and recorded sales for orders received as scheduled. It also finalized orders as scheduled for projects included in the current fiscal year's order plan.」

「The Industrial Equipment Business Division secured orders and recorded sales for planned projects as scheduled. Orders for projects planned to be secured during the fiscal year were also finalized as scheduled.」

「We will promote orders for manufacturing equipment for secondary batteries such as lithium-ion batteries, leveraging our location near the Kansai Battery Bay, as well as orders for industrial equipment that draws on our core technologies in fields such as the environment and energy.」