Increasing Domestic Market Share

「Demand in the rice-paddy market began to recover against a backdrop of soaring rice prices. From the second half onward, sales of soil-building equipment such as Compo Caster organic fertilizer spreaders and snow-removal equipment such as Snow Blower, for which advance orders were secured, remained firm. Meanwhile, in the core livestock and dairy market, although the Livestock Cluster Program supported demand, higher production costs caused by persistently high imported feed, fertilizer and fuel costs continued for an extended period. In addition to weak appetite for machinery investment, the expansion of planting for food rice reduced orders for the chopped series and other products, resulting in lower domestic sales.」

「In the agricultural machinery business, high rice prices encouraged strong investment appetite among farmers and corporate entities in the paddy-field market, and sales of implements related to soil improvement, such as organic fertilizer spreaders, remained firm. In contrast, in the core livestock and dairy markets, pressure on farm management caused by persistently high prices for imported feed, fertilizer and fuel has continued, and market conditions remain sluggish.」

「Although domestic sales benefited from the launch of new products such as the Slurry Tank Spreader fertilizer spreader, which contributes to the expansion of organic farming under the government's Green Food System Strategy, and the Branch Shredder branch-processing equipment for the fruit-growing market, sales of Roll Baler hay-baling equipment, the Chopped Series and Snow Blower snow-removal equipment declined, resulting in lower sales.」

「Although soil preparation equipment such as organic fertilizer spreading equipment related to the government's Green Food System Strategy grew as a result of new-product launches, sales of hay-baling equipment and other products for the livestock and dairy markets declined, resulting in lower domestic sales.」

「In addition to expanding its product lineup in line with market needs, the company will develop technologies to realize smart agriculture, launch new products in the market and work to increase its market share.」

「The company will also accelerate efforts to address changes in the market environment, develop ICT technologies for smart agriculture and launch new products, while working to enhance its brand strength and increase its market share.」

「As new technologies continue to permeate society, the company will accelerate the development of new ICT technologies addressing smart agriculture and the launch of new products, and will work to enhance its brand strength and increase its market share.」

「In its core agricultural machinery business, the company will continue working to increase its share of the livestock and dairy markets through core products that contribute to maintaining and improving food self-sufficiency, and to increase its share of the arable farming and fruit-growing markets through regional strategies and the launch of new products.」

「In the domestic market, the company will continue to develop new products at an accelerated pace that address the agricultural policy priorities of building a strong agricultural sector and smart agriculture, while contributing to the maintenance and improvement of food self-sufficiency, and will work to increase its market share.」

「The company will launch these products in the market and work to increase its share of the domestic market.」

「The company will launch these products in the market and work to increase its share of the domestic market.」