Kitagawa Seiki (6327) · RiskDropped
Cost of sales exceeding revenue on overseas projects
First written in FY2018-Q3. 1 of 2 entries say "Materialised", first in FY2018-Q3. Latest entry: FY2019.
2entries
2years
0from disclosures
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Cost of sales exceeding revenue on overseas projectsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2019DroppedAnnual report
「As the Company secured a wide range of orders, including press equipment for printed circuit boards and related substrates, press equipment for molding automotive substrates and other items, and equipment for manufacturing automotive parts and resin molding, it continued to thoroughly implement process management and cost-reduction initiatives.」
The current-year results and risk disclosures do not directly mention the excess cost of sales on some overseas projects reported in the previous quarter. - FY2018-Q3MaterialisedAnnual report
「Because the cost of sales for some overseas projects exceeded the budget」
The cost of sales exceeded the budget on some overseas projects, and this is cited as a factor behind the decline in operating income in the Industrial Machinery business.