No category-specific facts could be extracted from this document.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Orders for machinery and equipment for EV applications and the number of related installation projects declined significantly, while customer revisions to capital investment plans resulted in cancellations totaling ¥7,229 million. Changes in the external environment, particularly in the North American market, and higher outsourcing costs on certain projects also contributed to lower revenue and weaker-than-expected earnings. Meanwhile, revised order terms, partial recovery of additional costs related to changes in destination, and progress on projects on hold and domestic projects lifted the operating margin.