Deteriorating sales environment due to customer investment plan revisions and the normalization of inbound demand
First written in FY2018-Q2. 14 of 26 entries say "Restated". Latest entry: 2026-04-03.
No other company in this theme has enough history to compare yet.
- 2026-04-03RestatedRevision of earnings forecasts
「In Japan, which has historically been our Group's main market, the environment remains one in which significant growth in demand is difficult to anticipate against a backdrop of declining birthrates, an aging population, and population decline. In China, we expect that it will also take time for business conditions to recover, in addition to the effects of declining birthrates and an aging population.」
Although sales to Japan and China increased during the fiscal year, the company continues to recognize the previously identified risks concerning demand and business-condition recovery in both markets. - FY2026-H1MitigatedAnnual report
「Revenue for the interim consolidated period was ¥10,493 million, up 24.8% year on year, as sales to Japan and China performed steadily.」
Although the previous fiscal year described declining demand in Japan and China and a deteriorating sales environment, sales to Japan and China progressed steadily during the current interim consolidated accounting period, and sales increased 24.8% year on year. - FY2025MaterialisedAnnual report
「As demand declined substantially in Japan and China, our traditional core markets, we focused on developing new overseas customers and securing orders. However, in addition to lower sales in Japan and China, delays in the progress of orders already received caused sales scheduled for the current consolidated fiscal year to shift into the following consolidated fiscal year, resulting in sales of ¥19,950 million, down 8.2% year on year.」
The decline in demand in Japan and China and delays in the progress of orders already received were reflected in sales of ¥19,950 million, down 8.2% year on year. The deterioration in customer investment and demand conditions continued. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the risk of deterioration in the sales environment related to demand in the hygiene-products market and customer investment plans. - FY2025-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the risk of deterioration in the sales environment related to demand in the hygiene-products market and customer investment plans. - FY2024MaterialisedAnnual report
「Against this backdrop, the Group’s order progress lagged expectations, and sales for the consolidated fiscal year were ¥21,737 million, down 18.0% year on year,」
The disclosure states that the delayed recovery in customers’ willingness to invest in equipment materialized as orders falling short of expectations and sales declining 18.0% year on year. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the risk of deterioration in the sales environment related to demand in the hygiene-products market and customer investment plans. - FY2024-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the risk of deterioration in the sales environment related to demand in the hygiene-products market and customer investment plans. - FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the risk of deterioration in the sales environment related to demand in the hygiene-products market and customer investment plans. - FY2023ReframedAnnual report
「Sales of hygiene-product manufacturing machinery, including machinery for manufacturing sanitary napkins and paper diapers, account for the majority of the Group’s consolidated sales. Accordingly, if orders for manufacturing machinery decline due to lower demand in the hygiene-products market or restrained capital investment by hygiene-product manufacturers, this could affect the Group’s operating results and financial condition.」
The disclosure organizes the Group’s dependence on sales of hygiene-product manufacturing machinery and the risk of declining orders due to restrained capital investment as systematic risks, following the description of the operating environment involving revised customer investment plans and the winding down of inbound demand. - FY2023-Q3MitigatedAnnual report
「The order environment remained favorable, supported by the recovery in capital investment and rising demand for adult diapers. Orders received during the nine months ended totaled ¥19,712 million, and the order backlog at the end of the third quarter accounting period was ¥21,438 million.」
The disclosure states that the order environment is recovering, supported by the recovery trend in capital investment and growing demand for adult diapers, despite the previously challenging sales environment caused by revised customer investment plans and other factors. - FY2023-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the deterioration in the sales environment caused by revised customer investment plans and the winding down of inbound demand. - FY2023-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the deterioration in the sales environment caused by revised customer investment plans and the winding down of inbound demand. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the deterioration in the sales environment caused by revised customer investment plans and the winding down of inbound demand. - FY2021MitigatedAnnual report
「The order environment remains challenging as competition for market share in the hygiene-product manufacturing machinery market continues to intensify. However, in addition to the recovery trend in capital investment, demand for hygiene products in emerging markets continues to increase, and orders are generally trending upward.」
The disclosure states that the challenging order environment caused by revised customer investment plans and stalled capital investment due to infectious diseases shifted to an upward trend in orders, supported by the recovery in capital investment and rising demand in emerging markets. - FY2021-Q3MaterialisedAnnual report
「As a result, some projects shifted revenue recognition from the third quarter to the fourth quarter, causing quarterly sales to fall below plan, although the company expects to make up the shortfall in the fourth quarter on a full-year basis.」
The disclosure states that, amid challenging customer investment and capital investment conditions and the impact of the novel coronavirus disease, delays in installation and acceptance work resulted in sales falling short of plan. - FY2021-Q2MaterialisedAnnual report
「However, because overseas customer visits remained difficult due to the spread of the novel coronavirus, installation and acceptance work at customer sites was delayed and carried over into the second half, causing sales to fall below the initial plan.」
The disclosure states that the difficulty of visiting overseas customers caused delays in installation and acceptance work, resulting in sales falling below the initial plan. - FY2020WorsenedAnnual report
「The Group’s order environment has become challenging as demand for manufacturing machinery has temporarily slowed amid the growing competition for market share in the hygiene-product manufacturing machinery market, following the wider adoption of hygiene products in emerging markets. In addition, the impact of the novel coronavirus disease, which expanded this year, has made future capital investment trends difficult to predict.」
In addition to the previous challenges caused by revised customer investment plans and the winding down of inbound demand, the disclosure describes a temporary slowdown in demand for manufacturing machinery and increased uncertainty over capital investment trends due to the novel coronavirus disease. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the deterioration in the sales environment caused by revised customer investment plans and the winding down of inbound demand. - FY2020-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the deterioration in the sales environment caused by revised customer investment plans and the winding down of inbound demand. - FY2019MitigatedAnnual report
「However, medium-term capital investment was on a recovery trend, and the Group’s order environment showed a modest recovery.」
The disclosure states that, against the challenging sales environment caused by revised customer investment plans and the winding down of inbound demand, medium-term capital investment and the order environment recovered modestly. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the deterioration in the sales environment caused by revised customer investment plans and the winding down of inbound demand. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company has reconfirmed that there have been no new developments or material changes regarding the deterioration in the sales environment caused by revised customer investment plans and the winding down of inbound demand. - FY2019-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company has comprehensively reconfirmed that there have been no new developments or material changes regarding the deterioration in the sales environment caused by revised customer investment plans and the winding down of inbound demand. - FY2018-Q3MaterialisedAnnual report
「However, sales conditions became challenging due to customers’ revised investment plans and the winding down of inbound demand.」
The challenging sales environment caused by revised customer investment plans and the winding down of inbound demand continued through the cumulative third-quarter period. - FY2018-Q2MaterialisedAnnual report
「However, the sales environment became challenging because customers revised their investment plans and inbound demand in Japan had run its course, among other factors.」
The filing states that revisions to customer investment plans and the end of inbound demand in Japan resulted in a challenging sales environment during the six months ended.