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Kitagawa Seiki (6327) · FactWorsened

Temporary decline in sales to major customers for hydraulic equipment

First written in FY2017-Q3. 9 of 29 entries say "Restated". Latest entry: FY2026.

29entries
10years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2019-Q2RestatedFY2021-Q1 – FY2022-Q3OtherFY2024-Q32017: 220172018: 420182019: 320192020: 320202021: 420212022: 420222023: 320232024: 220242025: 020252026: 42026
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  1. FY2026WorsenedAnnual report

    「For hydraulic equipment, net sales were ¥102 million, down 32.6% from the previous fiscal year, and operating profit was ¥6 million, down 38.0%.」

    Both net sales and operating profit of hydraulic equipment fell below the previous fiscal year, with net sales down 32.6% and operating profit down 38.0%.
  2. FY2026-H1WorsenedAnnual report

    「For hydraulic equipment, net sales were ¥60 million, down 18.8% year on year, and operating profit was ¥3 million, down 13.4%.」

    Both net sales and operating profit of hydraulic equipment fell below the previous year, changing from the previous pattern of higher sales and lower profit to a decline in sales as well.
  3. FY2024-Q3Revenue growth and profit declineAnnual report

    「For hydraulic equipment, net sales were ¥124 million, up 6.0% year on year, and operating profit was ¥8 million, down 32.0%.」

    Hydraulic equipment net sales increased 6.0% year on year, while operating profit declined 32.0%.
  4. FY2024-Q2WorsenedAnnual report

    「Due to lower sales of hydraulic equipment to major customers, net sales were ¥71 million, down 22.0% year on year, and operating profit was ¥3 million, down 68.4%.」

    Lower hydraulic equipment sales to major customers caused both net sales and operating profit to fall below the previous year, with operating profit down 68.4% year on year.
  5. FY2024-Q1WorsenedAnnual report

    「Due to lower sales of hydraulic equipment to major customers, net sales were ¥33 million, down 44.5% year on year, and operating profit was ¥3 million, down 62.2%.」

    Lower hydraulic equipment sales to major customers caused both net sales and operating profit to fall below the previous year, and the magnitude of the declines increased.
  6. FY2023-Q3WorsenedAnnual report

    「For hydraulic equipment, net sales were ¥117 million, down 9.6% year on year, and operating profit was ¥12 million, down 38.9%.」

    Both net sales and operating profit of hydraulic equipment declined year on year, with operating profit declining by 38.9%.
  7. FY2023-Q2Changed from higher sales and higher profit to nearly the previous-year level and lower profitAnnual report

    「Hydraulic equipment sales were approximately in line with the previous year, resulting in net sales of ¥91 million, down 0.5% year on year, and operating profit of ¥11 million, down 17.6%.」

    The current quarter changed from the previous quarter's increased demand, higher sales and higher profit to sales approximately in line with the previous year and operating profit down 17.6% year on year.
  8. FY2023-Q1AdvancedAnnual report

    「Due to strong sales of hydraulic equipment, net sales were ¥60 million, up 40.4% year on year, and operating profit was ¥9 million, up 176.7%.」

    Strong sales of hydraulic equipment continued, with both net sales and operating profit exceeding the same quarter of the previous year.
  9. FY2022AdvancedAnnual report

    「Due to steady sales of hydraulic equipment, net sales were ¥173 million, up 5.3% from the previous fiscal year, and operating profit was ¥21 million, up 72.0%.」

    The steady performance of hydraulic equipment sales continued in the full-year results, with net sales of ¥173 million and operating profit of ¥21 million.
  10. FY2022-Q3Profit increased due to higher internal salesAnnual report

    「Higher internal sales of hydraulic equipment resulted in net sales of ¥130 million, down 0.7% year on year, and operating profit of ¥19 million, up 27.8%.」

    Higher internal sales of hydraulic equipment caused net sales to decline slightly year on year, while operating profit increased.
  11. FY2022-Q2Changed to increased demand, higher sales and higher profitAnnual report

    「Due to increased demand for hydraulic equipment, net sales were ¥91 million, up 13.9% year on year, and operating profit was ¥13 million, up 16.7%.」

    The description changed from the decline in sales to major customers through the previous fiscal year to both net sales and operating profit exceeding the previous year due to increased demand for hydraulic equipment.
  12. FY2022-Q1RestatedAnnual report

    「Due to the temporary decline in sales of hydraulic equipment to major customers and the increase in the internal sales ratio, net sales were ¥43 million, down 5.0% year on year, and operating profit was ¥3 million, down 49.6%.」

    The temporary decline in hydraulic equipment sales to major customers and the increase in the internal sales ratio are reiterated as factors causing both net sales and operating profit to fall below the previous year.
  13. FY2021RestatedAnnual report

    「Due to the temporary decline in sales of hydraulic equipment to major customers and the increase in the internal sales ratio, net sales were ¥165 million, down 20.8% from the previous fiscal year, and operating profit was ¥12 million, down 33.4%.」

    The temporary decline in hydraulic equipment sales to major customers and the increase in the internal sales ratio continued, leaving both full-year net sales and operating profit below the previous year.
  14. FY2021-Q3RestatedAnnual report

    「Due to the temporary decline in sales of hydraulic equipment to major customers and the increase in the internal sales ratio, net sales were ¥131 million, down 25.1% year on year, and operating profit was ¥15 million, down 26.5%.」

    The temporary decline in hydraulic equipment sales to major customers and the increase in the internal sales ratio are reiterated as factors causing both net sales and operating profit to fall below the previous year.
  15. FY2021-Q2RestatedAnnual report

    「Due to the temporary decline in sales of hydraulic equipment to major customers and the increase in the internal sales ratio, net sales were ¥80 million, down 34.6% year on year, and operating profit was ¥11 million, down 23.1%.」

    Following the previous quarter, the temporary decline in hydraulic equipment sales to major customers and the increase in the internal sales ratio caused both net sales and operating profit to fall below the previous year.
  16. FY2021-Q1Changed from steady performance to a temporary declineAnnual report

    「Due to the temporary decline in sales of hydraulic equipment to major customers and the increase in the internal sales ratio, net sales were ¥45 million, down 34.1% year on year, and operating profit was ¥7 million, down 14.1%.」

    The description reverted from the steady performance of hydraulic equipment sales stated through the previous fiscal year to a temporary decline in sales to major customers, with both net sales and operating profit below the previous year.
  17. FY2020-Q3AdvancedAnnual report

    「Sales of hydraulic equipment remained steady, resulting in net sales of ¥175 million, up 26.7% year on year, and operating profit of ¥20 million, up 15.3%.」

    The steady performance of hydraulic equipment sales continued, with net sales of ¥175 million and operating profit of ¥20 million, both exceeding the same quarter of the previous year.
  18. FY2020-Q2AdvancedAnnual report

    「Sales of hydraulic equipment remained steady, resulting in net sales of ¥122 million, up 39.2% year on year, and operating profit of ¥15 million, up 24.7%.」

    The steady performance of hydraulic equipment sales was reconfirmed, with net sales of ¥122 million and operating profit of ¥15 million, both exceeding the previous year.
  19. FY2020-Q1AdvancedAnnual report

    「Sales of hydraulic equipment remained steady, resulting in net sales of ¥68 million, up 45.2% year on year, and operating profit of ¥8 million, up 31.0%.」

    The steady performance of hydraulic equipment sales was reported as the first-quarter result, with both net sales and operating profit exceeding the same quarter of the previous year.
  20. FY2019AdvancedAnnual report

    「Sales of hydraulic equipment remained steady, resulting in net sales of ¥168 million, up 24.1% from the previous fiscal year, and operating profit of ¥18 million, up 49.0%.」

    The steady performance of hydraulic equipment sales was reported as the full-year result, with both net sales and operating profit exceeding the previous year.
  21. FY2019-Q2RestatedAnnual report

    「Sales of hydraulic equipment remained steady, resulting in net sales of ¥88 million, up 46.2% year on year, and operating profit of ¥12 million, up 62.6%.」

    The steady performance of hydraulic equipment sales was reiterated, with net sales of ¥88 million and operating profit of ¥12 million.
  22. FY2019-Q1RestatedAnnual report

    「Sales of hydraulic equipment remained steady, resulting in net sales of ¥47 million, up 25.9% year on year, and operating profit of ¥6 million, up 157.4%.」

    The steady performance of hydraulic equipment sales was reiterated, with net sales of ¥47 million and operating profit of ¥6 million.
  23. FY2018Changed from a temporary decline to steady performanceAnnual report

    「Sales of hydraulic equipment remained steady, resulting in net sales of ¥135 million, down 4.8% from the previous fiscal year, and operating profit of ¥12 million, up 58.8%.」

    The description changed from the temporary decline in sales to major customers stated previously to the statement that sales of hydraulic equipment remained steady during the current fiscal year.
  24. FY2018-Q3RestatedAnnual report

    「Sales of hydraulic equipment to major customers temporarily declined. As a result of efforts including cost reductions, net sales were ¥106 million, down 15.0% year on year, and operating profit was ¥11 million, up 53.7%.」

    Sales of hydraulic equipment to major customers continue to decline temporarily, but operating profit increased year on year due to cost reductions and other measures.
  25. FY2018-Q2RestatedAnnual report

    「Sales to major customers of hydraulic equipment temporarily declined, but efforts to reduce expenses and other measures resulted in sales of ¥60 million, down 29.1% year on year, and operating profit of ¥7 million, up 16.3% year on year.」

    The temporary decline in sales of hydraulic equipment to major customers is reiterated. Meanwhile, operating profit increased year on year due to cost reductions and other measures.
  26. FY2017RestatedAnnual report

    「Due to a temporary decline in sales to major customers of hydraulic equipment and an increase in the ratio of intersegment sales, revenue was ¥142 million, down 28.2% year on year, and operating income was ¥7 million, down 52.6% year on year.」

    The temporary decline in sales of hydraulic equipment to major customers and the increase in the internal sales ratio are reiterated as factors affecting full-year results.
  27. FY2017-Q3First statedAnnual report

    「Due to a temporary decline in sales to major customers of hydraulic equipment and an increase in the ratio of intersegment sales, revenue was ¥125 million, down 25.0% year on year, and operating income was ¥7 million, down 51.6% year on year.」

    In the Other segment, sales to major customers of hydraulic equipment temporarily declined, and the increase in the ratio of intersegment sales also caused revenue and operating income to fall below the levels of the same quarter of the previous year.
Moved together

"Impact of Exchange Rate Fluctuations on Export Competitiveness and Business Performance" moved the same way as this thread, in the same document, in 6 of its 29 moves.

653222★123456
  1. ★This thread
  2. 1Impact of Exchange Rate Fluctuations on Export Competitiveness and Business Performance6×
  3. 2Strengthening Sales Efforts for Core Products5×
  4. 3Sustainable Profitability and Early Resumption of Dividends3×
  5. 4Project-by-Project Cost Control and Miscellaneous Expense Reduction2×
  6. 5Improving Profitability and Price Competitiveness and Establishing a Strong Management Foundation2×
  7. 6Active Overseas Expansion and Building New Revenue Pillars2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Temporary decline in sales to major customers for hydraulic equipment | KITAGAWA SEIKI CO.,LTD. (6327) | Komori