Formal orders for projects postponed during the COVID-19 pandemic and signs of economic recovery
First written in FY2021-Q2. 9 of 15 entries say "Advanced", first in FY2021. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Demand diverges, led by displaysAnnual report
「Compared with the previous interim period, orders received in the current interim period decreased in energy-related equipment due to a slowdown in the battery market, while equipment related to display components and coating equipment related to functional films remained firm.」
While energy-related equipment declined due to the slowdown in the battery market, equipment related to display components and coating equipment related to functional films remained firm, indicating that the recovery in demand differed by sector. - FY2025-H1SoftenedAnnual report
「Compared with the previous interim accounting period, orders received decreased in the current interim accounting period, despite projects under negotiation, as signs of postponements emerged in the EV market. The Company will continue its efforts to secure orders from the third quarter onward.」
Although projects were under negotiation, orders received declined as signs of postponements emerged in the EV market, weakening the specific evidence of the previously reported restart in investment activity and recovery in orders. - FY2024AdvancedAnnual report
「As a result, the Company received large orders for equipment related to display components, bringing its order backlog to ¥31,849 million.」
The restart of investment activity and recovery in orders after the COVID-19 pandemic took concrete form in large orders for display component-related equipment and a record-high order backlog of ¥31,849 million. - FY2024-Q2SoftenedAnnual report
「Although orders received increased substantially in the cumulative second quarter of the previous fiscal year as signs emerged that investment activity was restarting in Japan and overseas, in the cumulative second quarter of the current fiscal year, numerous projects were under negotiation but specifications continued to change. The Company stated that it would continue its efforts to secure orders from the third quarter onward.」
Although numerous projects were under negotiation, specifications continued to change, weakening the specific progress in securing orders. The Company stated that it would continue its order-securing activities from the third quarter onward. - FY2024-Q1SoftenedAnnual report
「Although orders received increased substantially in the cumulative first quarter of the previous fiscal year as signs emerged that investment activity was restarting in Japan and overseas, in the cumulative first quarter of the current fiscal year, numerous projects were under negotiation but specifications continued to change. As a result, orders received remained sluggish because it would take some time to conclude contracts.」
Although many projects were under negotiation, orders received remained sluggish because specifications continued to change and it took time to conclude contracts, weakening the specific evidence of the previously reported recovery in orders. - FY2023AdvancedAnnual report
「In recent years, more than 80% of our orders had been concentrated in China, but during the current fiscal year orders from outside China, including South Korea, Taiwan, Europe and the United States, increased, as did domestic orders, resulting in a trend toward diversification of our order sources.」
Regarding the recovery in orders after the COVID-19 pandemic, orders from overseas regions outside China and domestic orders increased, resulting in diversification of customers placing orders. - FY2023-Q3AdvancedAnnual report
「In addition to overseas orders, the notable increase in domestic orders, which had previously been somewhat sluggish, suggests that domestic manufacturers are willing to invest in capital equipment, including new equipment for new products.」
Regarding the recovery in orders after the COVID-19 pandemic, domestic orders, which had been sluggish, increased in addition to overseas orders, indicating an appetite for capital investment among Japanese manufacturers. - FY2023-Q1AdvancedAnnual report
「Orders received from overseas increased, including orders for large projects, as restrictions were eased through measures such as simplified procedures for international travel and shorter quarantine periods. Signs of recovery were also seen in domestic orders, which had previously been sluggish.」
Against the backdrop of eased restrictions overseas, the number of orders received and orders for large projects increased, while signs of recovery were seen in domestic orders, which had been sluggish. - FY2022AdvancedAnnual report
「Revenue increased significantly as the company received orders for and produced large projects that had been postponed due to the impact of the COVID-19 pandemic.」
As orders and production for large projects that had been postponed progressed, the recovery in the order environment and economic activity after the COVID-19 pandemic was reflected in higher sales. - FY2022-Q3AdvancedAnnual report
「Orders received remained weak in the cumulative first nine months of the previous fiscal year, partly due to the impact of COVID-19, but increased significantly in the cumulative first nine months of the current fiscal year as investment activity resumed in Japan and overseas.」
Signs emerged of a restart in domestic and overseas investment activity, which had stagnated during the COVID-19 pandemic, and progress in the recovery was shown by a substantial increase in orders received. - FY2022-Q2AdvancedAnnual report
「Although orders received remained sluggish in the cumulative second quarter of the previous fiscal year, partly due to the impact of COVID-19, they increased substantially in the cumulative second quarter of the current fiscal year as signs emerged that investment activity was restarting in Japan and overseas.」
Signs emerged of a restart in domestic and overseas investment activity, which had stagnated during the COVID-19 pandemic, and progress in the recovery was shown by a substantial increase in orders received. - FY2022-Q1AdvancedAnnual report
「In China, with which the Company has close ties, capital investment stagnated last year due to COVID-19, causing the Company's operating results to decline significantly. However, the Company secured numerous orders, including large projects, during the current year, resulting in a dramatic change in the order environment.」
Recovery progressed in China following the stagnation of capital investment, and specific progress was shown by the Company securing numerous orders, including large projects, during the current year. - FY2021AdvancedAnnual report
「Although restrictions on travel between Japan and other countries remained in place to prevent the spread of COVID-19, economic recovery came early in China, with which the Company has close ties. The number of promising projects increased sharply during the year, accompanied by a rise in inquiries for large projects for the Company, and the Company secured a large order in the fourth quarter.」
Specific progress was shown in the form of a large order secured in the fourth quarter, against the backdrop of China's economic recovery and an increase in inquiries for promising and large projects. - FY2021-Q3SoftenedAnnual report
「Signs of a restart in economic activity were seen, centered on East Asia, where the spread of COVID-19 began to stabilize relatively early. However, the outlook remained highly uncertain because the timing of containment could not be foreseen, and the Japanese economy was also being significantly affected.」
The restart of economic activity, centered on East Asia, was reaffirmed, but the specific progress of postponed projects becoming formal orders, which had been disclosed in the previous quarter, was not mentioned, and uncertainty over the timing of containment was emphasized. - FY2021-Q2First statedAnnual report
「In East Asia, the Company's principal market, comprising China, South Korea and Taiwan, the spread of COVID-19 has begun to stabilize, and corporate economic activity is gradually recovering. Against this backdrop, there appear to be signs of activity, including projects previously postponed during the COVID-19 pandemic progressing to formal orders.」
The gradual recovery in economic activity in East Asia, the Company's principal market, and projects postponed during the COVID-19 pandemic progressing to formal orders were disclosed as new business trends.