Improving food self-sufficiency and self-sufficiency capacity while contributing to strong agriculture

「自給飼料の増産と省力化に寄与する複合作業機「コンビラップマシーン」を中心にエサづくり関連作業機の売上が堅調に推移しました。」

「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.」

「また、安全で高品質な国産飼料の増産に寄与する製品や、環境負荷低減およびカーボンニュートラルに資する土づくり関連製品など、農業現場のニーズを的確に捉えた高付加価値製品を継続的に市場投入してまいります。」

「Meanwhile, in the core livestock and dairy market, pressure on farm management from persistently high imported feed, fertilizer and fuel costs has continued for an extended period, and market conditions remain weak. Despite launching new products that contribute to increased domestic feed production in this market environment, investment appetite did not recover. As a result, orders for feed-making equipment such as hay balers and the chopped series decreased substantially, causing sales to decline year on year.」

「As persistently high prices for imported feed increase demand for a shift to domestically produced feed, we recognize that improving the technological development capabilities of the chopped series and promoting and expanding its sales, which contribute to building a sustainable industrial base through crop-livestock integration and circular agriculture and to increased production of safe, high-quality domestically produced feed, are important business strategies for the company.」

「Progress in the approval of the government’s Livestock Cluster Program led to growth in sales of general-purpose fine-chop forage harvesters, chopped whole-crop harvesters and other products contributing to increased domestic feed production and higher food self-sufficiency and to strong agriculture through crop-livestock integration.」

「Although the agricultural machinery business faced difficult market conditions, with soaring prices for fertilizer, feed and agricultural materials having a serious impact on farm management, progress in the approval of the government’s Livestock Cluster Program led to growth in sales of general-purpose fine-chop forage harvesters, chopped whole-crop harvesters and other products contributing to increased domestic feed production, higher food self-sufficiency, and strong agriculture through crop-livestock integration and circular agriculture. Early order-taking activities for Snow Blower snow-removal equipment also contributed to sales, resulting in higher domestic sales.」

「Although the agricultural machinery business faced difficult market conditions, with soaring fertilizer and feed prices having a serious impact on farm management, progress in the approval of the government’s Livestock Cluster Program led to growth in sales of the chopped series, centered on general-purpose fine-chop forage harvesters, which contributes to increased domestic feed production and higher food self-sufficiency for improving agricultural operations and to strong agriculture through crop-livestock integration. As a result, domestic sales increased.」

「Domestic sales increased as sales of feed-making equipment, centered on the chopped series and variable-diameter round balers for baling hay, grew following progress in the approval of Livestock Cluster Program projects and contributed to increased production of high-quality domestically produced feed and higher food self-sufficiency. Early order-taking activities for Snow Blower snow-removal equipment also contributed to sales.」

「Against this backdrop, in the agricultural machinery business, sales of soil-building equipment such as fertilizer spreaders declined as soaring fertilizer prices reduced farmers’ willingness to invest in machinery. However, progress in the approval of projects under the government’s Livestock Cluster Program led to growth in sales of feed-making equipment centered on the chopped series, which contributes to increased production of high-quality domestically produced feed and higher food self-sufficiency. In addition, early order-taking activities for snow-removal equipment contributed to third-quarter sales, resulting in higher domestic sales.」

「Against this backdrop, in the agricultural machinery business, sales of feed-making equipment centered on the chopped series, which contributes to increased production of high-quality domestically produced feed and higher food self-sufficiency, grew due to the effects of new product launches and progress in the approval of projects under the government’s Livestock Cluster Program. However, orders for soil-building equipment declined as higher production costs in agricultural operations reduced the willingness to invest in machinery, resulting in lower domestic sales.」

「Although sales of the chopped series and Twin Rake hay-gathering machines, which contribute to increased production of high-quality domestically produced feed and higher food self-sufficiency, grew, domestic sales declined due to weak market conditions and sluggish sales of soil-building equipment.」

「Domestic sales increased due to growth in sales of variable-diameter round balers, chopped whole-crop harvesters and other products contributing to increased production of high-quality domestically produced feed and higher food self-sufficiency, as approval of projects under the government’s Livestock Cluster Program progressed, as well as the effects of making Twin Rake hay-gathering machines into a product series and launching new products such as Mix Sower organic fertilizer spreaders.」

「Against this backdrop, in the agricultural machinery business, sales of variable-diameter round balers and chopped whole-crop harvesters, which are feed-making equipment contributing to increased production of high-quality domestically produced feed and higher food self-sufficiency, grew as the company expanded its core products into series and as progress was made in the approval of projects under the government’s Livestock Cluster Program. The launch of new products, including Mix Sower organic fertilizer spreaders, also contributed, resulting in higher domestic sales.」

「Against this backdrop, in the agricultural machinery business, sales of feed-making equipment, including variable-diameter round balers and chopped whole-crop harvesters, grew due to the effects of new product launches and progress in the approval of projects under the government’s Livestock Cluster Program. In addition, sales of soil-building equipment, including self-propelled Compo Caster organic fertilizer spreaders, contributed following the effects of promoting demonstrations of new products and support from government business-continuity subsidies for agricultural workers, resulting in higher domestic sales.」

「Sales of feed-making equipment, including variable-diameter round balers, which contribute to increased production of high-quality domestically produced feed and higher food self-sufficiency, grew due to the effects of new product launches and progress in the approval of projects under the government’s Livestock Cluster Program. In addition, sales of soil-building equipment, including self-propelled Compo Caster organic fertilizer spreaders, contributed following support from government business-continuity subsidies for agricultural workers, resulting in higher domestic sales.」

「The company will develop and launch products that enable the creation of strong agriculture and smart agriculture by supplying safe, reliable food and maintaining and improving food self-sufficiency capacity, and will work to increase its share of the domestic market.」

「Some products contributed to sales through the effects of launching small fertilizer spreaders that do not depend on subsidy programs and new products, although」

「Following the partial approval of projects under the government’s Livestock Cluster Program, the launch of new products, including the chopped series responding to increased production of high-quality domestically produced feed and contributing to higher food self-sufficiency, Compo Caster organic fertilizer spreaders and manure spreaders and other soil-building equipment, contributed to sales, although」

「Sales of some products, including Twin Rake hay-gathering machines and chopped round balers responding to increased production of high-quality domestically produced feed and contributing to higher food self-sufficiency, performed steadily, although」

「The company developed products that enable the creation of strong agriculture by supplying safe, reliable food and maintaining and improving food self-sufficiency capacity,」

「Sales of some products, including agricultural snow blowers and chopped combination wrappers responding to increased production of high-quality domestically produced feed and contributing to higher food self-sufficiency, performed steadily, although」

「As machinery investment under the government’s Special Measures Program for Strengthening the Earning Power of Livestock and Dairy Farming, including the Livestock Cluster Program, was anticipated, the chopped series, including chopped whole-crop harvesters contributing to increased production of high-quality domestically produced feed, and Compo Caster organic fertilizer spreaders performed steadily, although」

「In addition to the chopped series, including general-purpose fine-chop forage harvesters, which respond to increased production of high-quality domestically produced feed and contribute to higher food self-sufficiency, replacement demand remained firm for the company’s core products, including round balers for baling hay and straw and organic fertilizer and manure spreaders.」

「With support from the government’s Special Measures Program for Strengthening the Earning Power of Livestock and Dairy Farming, including the Livestock Cluster Program, replacement demand remained firm for general-purpose forage harvesters responding to increased production of high-quality domestically produced feed and contributing to higher food self-sufficiency, as well as the company’s core products, including round balers for baling hay and straw and organic fertilizer spreaders and manure spreaders.」

「In addition to support from the government’s Special Measures Program for Strengthening the Earning Power of Livestock and Dairy Farming, including the Livestock Cluster Program, increased exports to China also contributed to sales of the chopped round baler series, which responds to increased production of high-quality domestically produced feed and contributes to higher food self-sufficiency. As a result, agricultural machinery sales increased by ¥620 million year on year to ¥3,897 million, up 18.9%.」

「Round balers and wrapper machines, which respond to increased production of high-quality domestically produced feed and contribute to higher food self-sufficiency, and manure spreaders and other soil-building equipment performed steadily.」

「The chopped round baler series and wrapper machines, which respond to increased production of high-quality domestically produced feed and contribute to higher food self-sufficiency, as well as organic fertilizer spreaders and manure spreader series for soil-building operations suited to low-cost circular agriculture, performed steadily.」

「With support from the government’s Special Measures Program for Strengthening the Earning Power of Livestock and Dairy Farming, including the Livestock Cluster Program, which aims to improve the profitability of livestock operations through higher value-added livestock products and improved feed self-sufficiency, whole-crop harvesters responding to increased production of high-quality domestically produced feed and the new Twin Rake hay-gathering machine contributed to sales, although」

「Against this backdrop, in the agricultural machinery business, with support from the government’s Special Measures Program for Strengthening the Earning Power of Livestock and Dairy Farming, including the Livestock Cluster Program, which aims to improve the profitability of livestock operations through higher value-added livestock products and improved feed self-sufficiency, whole-crop harvesters responding to increased production of high-quality domestically produced feed contributed to sales, although」

「With support from the government’s Special Measures Program for Strengthening the Earning Power of Livestock and Dairy Farming, including the Livestock Cluster Program, which aims to improve the profitability of livestock operations through higher value-added livestock products and improved feed self-sufficiency, whole-crop harvesters responding to increased production of high-quality domestically produced feed contributed to sales, and domestic sales remained firm.」

「A major challenge for our agricultural machinery business is developing products that realize strong agriculture by supplying safe, reliable food and maintaining and improving food self-sufficiency capacity.」