Expanding Market Share Through Quality, Delivery Times and New Products

「However, orders for the fiscal year amounted to ¥18,774 million, down ¥133 million, or 0.7%, year on year, reflecting sluggish injection-molding orders, particularly from the domestic and overseas automotive industries, and weak investment in lithium-ion battery-related projects for EVs. Order backlog stood at ¥7,619 million, down ¥390 million, or 4.9%, year on year, while sales declined by ¥1,399 million, or 6.7%, year on year, to ¥19,367 million.」

「As a result, orders for the first six months amounted to ¥9,464 million, down ¥18 million, or 0.2%, year on year, as orders related to injection molding, particularly for the domestic and overseas automotive industries, and lithium-ion batteries for EVs remained sluggish, despite increases in film and sheet-related and non-plastic-related orders in Japan. Accordingly, order backlog increased by ¥114 million from the end of the previous fiscal year but declined by ¥1,319 million, or 14.0%, year on year, to ¥8,125 million. Sales also declined by ¥707 million, or 7.1%, year on year, to ¥9,209 million. In terms of earnings, the gross margin improved from 29.4% to 31.0% due to lower costs from improved production efficiency and reductions in various expenses, while selling, general and administrative expenses declined. As a result, operating income increased by ¥95 million, or 33.2%, year on year, to ¥381 million.」

「However, orders for the fiscal year amounted to ¥18,908 million, down ¥1,280 million, or 6.3%, year on year, and order backlog stood at ¥8,010 million, down ¥1,751 million, or 17.9%, due mainly to sluggish injection-molding orders, particularly from the domestic and overseas automotive industries, and continued weakness since the second half of 2023 in investment in lithium-ion battery-related projects for EVs in China. Sales also declined by ¥3,727 million, or 15.2%, year on year, to ¥20,766 million, mainly because sales related to lithium-ion batteries for EVs declined in Japan and overseas.」

「However, orders for the fiscal year amounted to ¥20,188 million, down ¥3,820 million, or 15.9%, year on year, and order backlog stood at ¥9,761 million, down ¥3,241 million, or 24.9%, due mainly to sluggish injection-molding orders, particularly from the domestic and overseas automotive industries, as well as a pause in orders related to lenses for smartphones and VR devices. Meanwhile, sales increased by ¥5,667 million, or 30.1%, year on year, to ¥24,494 million, mainly because sales related to lithium-ion batteries for EVs increased and sales from large projects ordered in the previous fiscal year were recorded.」

「Under these conditions, in its core plastic-molding business, the Group sought to expand market share by strengthening competitiveness through quality improvements, adherence to delivery schedules and new product development, while focusing on developing and expanding new sales fields such as batteries, food and cosmetics. Orders for the first nine months amounted to ¥15,366 million, down ¥3,393 million, or 18.1%, year on year, due mainly to sluggish injection-molding orders, particularly from the domestic and overseas automotive industries, as well as a pause in orders related to lenses for smartphones and VR devices. Accordingly, order backlog stood at ¥11,225 million, down ¥2,264 million, or 16.8%, year on year. Meanwhile, sales increased by ¥4,811 million, or 36.0%, year on year, to ¥18,191 million, mainly because sales related to lithium-ion batteries for EVs increased and sales from large projects ordered in the previous fiscal year were recorded. In terms of earnings, the gross margin deteriorated from 28.7% to 24.9% due to changes in the product mix associated with an increase in large orders, while selling, general and administrative expenses increased. However, operating income rose by ¥504 million, or 164.0%, year on year, to ¥812 million, reflecting higher gross profit accompanying the increase in sales.」

「Orders for the first six months amounted to ¥10,558 million, down ¥1,475 million, or 12.3%, year on year, due mainly to sluggish injection-molding orders, particularly from the domestic and overseas automotive industries, as well as a pause in orders related to lenses for smartphones and VR devices. Accordingly, order backlog stood at ¥12,048 million, down ¥297 million, or 2.4%, year on year. Meanwhile, sales increased by ¥4,531 million, or 57.8%, year on year, to ¥12,374 million, mainly because sales related to lithium-ion batteries for electric vehicles (EVs) increased and sales from large projects ordered in the previous fiscal year were recorded.」

「In our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. Orders received in the first quarter decreased by ¥67 million, or 1.1%, year on year to ¥6.240 billion, because orders received in Japan in the first quarter of the previous fiscal year were substantial, but increased from the immediately preceding quarter, the fourth quarter of the previous fiscal year. As a result, the order backlog increased by ¥4.047 billion, or 38.6%, year on year to ¥14.537 billion. Net sales increased by ¥1.380 billion, or 36.2%, to ¥5.198 billion, mainly because sales of lithium-ion batteries for electric vehicles (EVs) remained firm.」

「As a result, orders received for the fiscal year increased by ¥2.864 billion, or 13.5%, year on year to ¥24.008 billion, and the order backlog increased by ¥4.371 billion, or 50.7%, to ¥13.030 billion. In contrast, net sales increased by ¥443 million, or 2.4%, to ¥18.826 billion.」

「As a result, orders received in the third quarter increased by ¥2.699 billion, or 16.8%, year on year to ¥18.759 billion, and the order backlog increased by ¥5.741 billion, or 74.1%, to ¥13.489 billion. In contrast, net sales increased by ¥177 million, or 1.3%, to ¥13.380 billion, despite prolonged component shortages associated with supply-chain disruption, mainly because sales of lithium-ion batteries for electric vehicles (EVs) remained firm and the translation of overseas subsidiaries' results into yen benefited from the yen's depreciation. The gross profit margin improved from 28.4% to 28.7%, but operating income decreased by ¥249 million, or 44.8%, to ¥307 million, mainly because selling, general and administrative expenses increased due in part to the impact of translating the results of overseas subsidiaries into yen.」

「Against this backdrop, in response to the spread of COVID-19, our group continued to implement staggered working hours, remote work, and other measures according to conditions in the countries where each segment operates. In our core plastic molding business, we worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received in the second quarter increased by ¥1.223 billion, or 11.3%, year on year to ¥12.033 billion, and the order backlog increased by ¥5.148 billion, or 71.5%, to ¥12.346 billion. In contrast, net sales decreased by ¥606 million, or 7.2%, to ¥7.843 billion, due to prolonged component shortages amid continuing supply-chain disruption associated with China's zero-COVID policy and the temporary suspension of operations at a Chinese subsidiary following the Shanghai lockdown.」

「Against this backdrop, in response to the spread of COVID-19, our group continued to implement staggered working hours, remote work, and other measures according to conditions in the countries where each segment operates. In our core plastic molding business, we worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received in the first quarter increased by ¥1.409 billion, or 28.8%, year on year to ¥6.307 billion, and the order backlog increased by ¥5.074 billion, or 93.7%, to ¥10.490 billion. In contrast, net sales decreased by ¥292 million, or 7.1%, to ¥3.818 billion, due to prolonged component shortages associated with the semiconductor shortage and restrictions on production and sales activities under China's zero-COVID policy.」

「As a result, orders received for the fiscal year turned upward after bottoming in the second quarter of the previous fiscal year, increasing by ¥5.897 billion, or 38.7%, year on year to ¥21.144 billion. The order backlog increased by ¥3.925 billion, or 83.4%, to ¥8.631 billion. Net sales increased by ¥1.595 billion, or 9.5%, to ¥18.383 billion.」

「Against this backdrop, in response to the spread of COVID-19, our group continued to implement staggered working hours, remote work, and other measures according to conditions in the countries where each segment operates. In our core plastic molding business, we worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received turned upward after bottoming in the second quarter of the previous fiscal year, increasing by ¥4.899 billion, or 43.9%, year on year to ¥16.059 billion in the third quarter. The order backlog also increased by ¥3.004 billion, or 63.3%, to ¥7.748 billion. Net sales increased by ¥473 million, or 3.7%, to ¥13.203 billion. The gross profit margin improved from 27.1% to 28.4%, operating income increased by ¥67 million, or 13.8%, to ¥557 million, and ordinary income increased by ¥135 million, or 27.7%, to ¥624 million, mainly due to the recognition of ¥61 million in foreign exchange gains, compared with a ¥46 million foreign exchange loss in the same period of the previous year.」

「Against this backdrop, in response to the spread of COVID-19, our group continued to implement staggered working hours, remote work, and other measures according to conditions in the countries where each segment operates. In our core plastic molding business, we worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received turned upward after bottoming in the second quarter of the previous fiscal year, increasing by ¥3.321 billion, or 44.4%, year on year to ¥10.810 billion in the second quarter. The order backlog also increased by ¥2.271 billion, or 46.1%, to ¥7.197 billion.」

「Orders received turned upward after bottoming in the second quarter of the previous fiscal year, increasing by ¥739 million, or 17.8%, year on year to ¥4.897 billion in the first quarter. The order backlog decreased by ¥453 million, or 7.7%, to ¥5.415 billion year on year, but increased by ¥708 million from the end of the previous fiscal year. Net sales decreased by ¥222 million, or 5.1%, to ¥4.111 billion. The gross profit margin improved from 25.3% to 29.0%, mainly due to efforts to reduce costs, particularly material costs, and cut various expenses. Operating income increased by ¥95 million, or 101.0%, to ¥190 million, and ordinary income increased by ¥147 million, or 228.9%, to ¥212 million.」

「Although orders received gradually began to recover in the second half of the fiscal year, they decreased by ¥4.985 billion, or 24.6%, year on year to ¥15.247 billion. The order backlog decreased by ¥1.252 billion, or 21.0%, to ¥4.706 billion. Net sales decreased by ¥4.409 billion, or 20.8%, to ¥16.787 billion.」

「Against this backdrop, in response to the spread of COVID-19, our group continued to implement staggered working hours, remote work, and other measures according to conditions in the countries where each segment operates. In our core plastic molding business, we worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. However, orders received in the third quarter decreased by ¥5.209 billion, or 31.8%, year on year to ¥11.159 billion, while the order backlog decreased by ¥2.274 billion, or 32.4%, to ¥4.743 billion. Net sales decreased by ¥3.567 billion, or 21.9%, to ¥12.729 billion. Despite efforts to reduce costs, particularly material costs, and cut various expenses, operating income decreased by ¥878 million, or 64.2%, to ¥490 million, and ordinary income decreased by ¥889 million, or 64.5%, to ¥489 million, due to lower gross profit accompanying the decline in net sales.」

「However, orders received in the second quarter decreased by ¥3.323 billion, or 30.7%, year on year to ¥7.488 billion, while the order backlog decreased by ¥1.468 billion, or 23.0%, to ¥4.925 billion. Net sales decreased by ¥2.630 billion, or 23.2%, to ¥8.695 billion. Despite efforts to reduce costs, particularly material costs, and cut various expenses, operating income decreased by ¥632 million, or 67.9%, to ¥299 million, and ordinary income decreased by ¥631 million, or 69.2%, to ¥281 million, due to lower gross profit accompanying the decline in net sales.」

「Against this backdrop, in response to the spread of COVID-19, our group implemented staggered working hours, remote work, and other measures according to conditions in the countries where each segment operates. Despite restrictions on economic activity, in our core plastic molding business we worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. However, orders received in the first quarter decreased by ¥1.585 billion, or 27.6%, year on year to ¥4.158 billion, while the order backlog decreased by ¥1.001 billion, or 14.6%, to ¥5.868 billion. Net sales decreased by ¥1.584 billion, or 26.8%, to ¥4.333 billion.」

「As a result, orders received for the fiscal year decreased by ¥3.940 billion, or 16.3%, year on year to ¥20.232 billion, while the order backlog decreased by ¥480 million, or 7.5%, to ¥5.959 billion. Net sales decreased by ¥3.378 billion, or 13.7%, year on year to ¥21.197 billion.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. However, orders received in the third quarter decreased by ¥2.632 billion, or 13.9%, year on year to ¥16.369 billion, while the order backlog decreased by ¥1.026 billion, or 12.8%, to ¥7.018 billion. Net sales decreased by ¥1.848 billion, or 10.2%, to ¥16.296 billion. Despite efforts to reduce costs, particularly material costs, and cut various expenses, operating income decreased by ¥508 million, or 27.1%, to ¥1.368 billion, and ordinary income decreased by ¥512 million, or 27.1%, to ¥1.378 billion, due to lower gross profit accompanying the decline in net sales.」

「However, orders received in the second quarter decreased by ¥2.660 billion, or 19.8%, year on year to ¥10.812 billion, while the order backlog decreased by ¥2.335 billion, or 26.7%, to ¥6.394 billion. Net sales decreased by ¥622 million, or 5.2%, year on year to ¥11.325 billion. Despite efforts to reduce costs, particularly material costs, and cut various expenses, operating income decreased by ¥251 million, or 21.2%, to ¥931 million, and ordinary income decreased by ¥302 million, or 24.9%, to ¥912 million, due to lower net sales.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, although orders received and the order backlog in the first quarter exceeded those in the fourth quarter of the previous fiscal year and at the end of the previous fiscal year, respectively, orders received decreased by ¥1.492 billion, or 20.6%, year on year to ¥5.743 billion, and the order backlog decreased by ¥1.674 billion, or 19.6%, to ¥6.870 billion. Net sales increased by ¥350 million, or 6.3%, year on year to ¥5.918 billion.」

「As a result, although orders received were strong in the first half of the fiscal year, they slowed in the second half, increasing by ¥1.585 billion, or 7.0%, year on year to ¥24.172 billion. The order backlog decreased by ¥635 million, or 9.0%, to ¥6.439 billion. Net sales increased by ¥4.239 billion, or 20.8%, year on year to ¥24.576 billion, mainly because demand related to automobiles and electronic components remained firm.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received in the third quarter increased by ¥1.824 billion, or 10.6%, year on year to ¥19.002 billion, while the order backlog increased by ¥672 million, or 9.1%, to ¥8.045 billion. Net sales increased by ¥3.530 billion, or 23.9%, year on year to ¥18.144 billion, mainly because demand related to automobiles and electronic components remained firm. Operating income increased by ¥1.025 billion, or 120.5%, to ¥1.877 billion, and ordinary income increased by ¥1.070 billion, or 130.3%, to ¥1.891 billion, mainly due to higher gross profit accompanying the increase in net sales and an improvement in the gross profit margin from 29.4% to 31.6%.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received in the second quarter increased by ¥2.801 billion, or 26.2%, year on year to ¥13.479 billion, while the order backlog increased by ¥2.449 billion, or 39.0%, to ¥8.729 billion. Net sales increased by ¥2.936 billion, or 32.6%, year on year to ¥11.948 billion, mainly because demand related to automobiles and electronic components remained firm.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received in the first quarter decreased by ¥1.924 billion, or 36.2%, year on year to ¥7.235 billion, while the order backlog decreased by ¥2.729 billion, or 46.9%, to ¥8.544 billion.」

「As a result, orders received for the fiscal year increased by ¥5.567 billion, or 32.7%, year on year to ¥22.587 billion, while the order backlog increased by ¥2.450 billion, or 53.0%, to ¥7.075 billion.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received in the third quarter increased by ¥4.809 billion, or 38.9%, year on year to ¥17.178 billion, while the order backlog increased by ¥2.963 billion, or 67.2%, to ¥7.372 billion. Net sales increased by ¥3.043 billion, or 26.2%, year on year to ¥14.641 billion, mainly because demand related to automobiles and electronic components remained firm. Operating income increased by ¥394 million, or 86.1%, to ¥851 million, mainly due to higher gross profit accompanying the increase in net sales. Ordinary income increased by ¥408 million, or 99.1%, to ¥821 million.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received in the second quarter increased by ¥2.299 billion, or 27.4%, year on year to ¥10.678 billion, while the order backlog increased by ¥2.052 billion, or 48.5%, to ¥6.280 billion. Net sales increased by ¥1.127 billion, or 14.3%, year on year to ¥9.011 billion, mainly because demand related to automobiles and electronic components remained firm.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics. As a result, orders received in the first quarter increased by ¥1.337 billion, or 33.7%, year on year to ¥5.311 billion, while the order backlog increased by ¥2.172 billion, or 59.7%, to ¥5.815 billion.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics.」

「Against this backdrop, in our core plastic molding business, our group worked to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products, while focusing on developing and expanding new sales fields, including batteries, food, and cosmetics.」

「In our core plastic molding business, we seek to expand market share by strengthening competitiveness through quality improvements, strict adherence to delivery schedules, and the development of new products.」