Cost Increases from Large-Volume Orders of New Glass-Substrate-Related Automation Equipment on Extremely Short Lead Times
First written in FY2018-Q1. 2 of 6 entries say "Materialised", first in FY2018-Q3. Latest entry: FY2019.
1 other company's latest entry also says "Mitigated".
- FY2019MitigatedAnnual report
「In addition to the elimination of the cost-increase factors resulting from the above special-demand orders being delivered within an extremely short period, the profit margin improved significantly because revenue from semiconductor-related equipment increased and plant utilization was maintained at a high level, resulting in higher profit than in the previous fiscal year.」
The cost-increase factors associated with the large-volume delivery of glass-substrate equipment with ultra-short delivery times were eliminated, improving the profit margin. - FY2019-Q2RestatedAnnual report
「In terms of earnings, the profit margin improved significantly because the cost-increase factors resulting from the above special-demand orders being delivered within an extremely short period were eliminated and revenue from the relatively higher-margin semiconductor-related equipment increased. However, operating profit and ordinary profit declined year on year.」
The improvement in the profit margin has continued, supported by the elimination of cost-increase factors associated with the large-volume delivery of glass-substrate equipment with ultra-short delivery times and higher sales of higher-margin semiconductor-related equipment. - FY2019-Q1MitigatedAnnual report
「In terms of earnings, profit increased year on year because the cost-increase factors resulting from the above special-demand orders being delivered within an extremely short period were eliminated, and revenue from semiconductor-related equipment increased.」
The cost-increase factors associated with the large-volume delivery of glass-substrate automation equipment with ultra-short delivery times were eliminated, resulting in higher profit year on year. - FY2018MaterialisedAnnual report
「In terms of earnings, profit declined year on year because, in addition to increased costs such as outsourced assembly expenses and plant rent resulting from the Korean subsidiary's large orders for glass-substrate automation equipment being delivered within an extremely short period, personnel expenses and other costs related to equipment installation and commissioning after delivery increased more than expected.」
Higher outsourcing expenses, rent, and installation and commissioning costs associated with the Korean subsidiary's large, short-lead-time orders for glass-substrate automation equipment became factors behind the full-year decline in profit. - FY2018-Q3MaterialisedAnnual report
「In terms of earnings, profit increased with higher revenue. However, because the large orders for glass-substrate automation equipment received by the Korean subsidiary were delivered within an extremely short period, costs such as outsourcing expenses increased, resulting in only a slight increase in profit.」
Costs including outsourcing expenses actually increased as a result of the large-volume delivery of glass-substrate automation equipment within an extremely short period, limiting profit growth. - FY2018-Q1First statedAnnual report
「In terms of earnings, profit declined because the cost-reduction benefits from planned production associated with large wafer-handling equipment orders diminished, while costs increased as a result of receiving large orders for highly innovative glass-substrate automation equipment with ultra-short delivery times.」
Large orders for highly innovative glass-substrate automation equipment with ultra-short delivery times resulted in higher costs and were a factor behind the decline in profit for the quarter.