Higher revenue and profit in the Agricultural Equipment Business
First written in FY2017-Q1. 8 of 35 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
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- FY2026Full-year revenue growth but profit decline, with low-margin projects and depreciation burden becoming apparentAnnual report
「Revenue in the Agricultural Equipment segment increased from the previous consolidated fiscal year because sorting and grading plants for citrus and vegetable crops increased, despite a decline in plants for deciduous fruit crops. As a result, revenue was ¥12,574 million, up 12.6% from the previous fiscal year. In terms of earnings, operating profit was ¥520 million, down 50.1%, due to some large projects with low profitability and increased depreciation expense following completion of the new head office plant.」
Although the segment returned to operating profit for the full fiscal year from an operating loss in the interim period, operating profit fell 50.1% despite higher revenue. The disclosure cites low-margin large projects and depreciation expense for the new head office plant. - FY2026-H1Lower revenue and a shift to an operating lossAnnual report
「Revenue in the Agricultural Equipment segment declined from the same period of the previous year because sorting and grading plants for deciduous fruit and vegetable crops decreased. As a result, revenue was ¥5,140 million, down 16.5% year on year. In terms of earnings, the segment posted an operating loss of ¥204 million, compared with operating profit of ¥869 million in the same period of the previous year, due to the lower operating rate accompanying the decline in revenue and increased depreciation expense following completion of the new head office plant.」
Lower deliveries for deciduous fruit and vegetable crops, the decline in the operating rate, and depreciation expense following completion of the new head office plant resulted in lower revenue and a shift from operating profit to an operating loss. - FY2025Confirmation of lower revenue and profit for the full fiscal yearAnnual report
「Revenue in the Agricultural Equipment segment declined from the previous consolidated fiscal year because sorting and grading plants for vegetable crops decreased, despite increases in plants for citrus and deciduous fruit crops. As a result, revenue was ¥11,170 million, down 10.1% from the previous fiscal year, and operating profit was ¥1,042 million, down 30.7%.」
Following the interim period, the segment posted lower revenue and profit for the full fiscal year, reflecting the decline in sorting and grading plants for vegetable crops. - FY2025-H1A shift to lower revenue and a slight decline in profitAnnual report
「Revenue in the Agricultural Equipment segment declined from the same period of the previous year because sorting and grading plants for vegetable crops decreased, despite increases in plants for citrus and deciduous fruit crops. As a result, revenue was ¥6,155 million, down 6.7% year on year. In terms of earnings, operating profit was ¥869 million, down slightly by 0.4%, as the operating rate was maintained due to increased intersegment revenue.」
Although deliveries for citrus and deciduous fruit crops increased, those for vegetable crops declined, resulting in a 6.7% decrease in revenue. The operating rate was maintained because of higher intersegment revenue, limiting the decline in operating profit to 0.4%. - FY2024-Q3AdvancedAnnual report
「Revenue in the Agricultural Equipment segment increased sharply from the same period of the previous year because sorting and grading plants for vegetable crops increased. As a result, revenue was ¥9,601 million, up 42.5% year on year. In terms of earnings, operating profit was ¥1,248 million, up 134.3%, as the increase in revenue improved the operating rate.」
Increased sorting and grading plants for vegetable crops and the improved operating rate resulted in a 42.5% year-on-year increase in revenue and a 134.3% increase in operating profit, extending the trend of higher revenue and profit. - FY2024-Q2AdvancedAnnual report
「Revenue in the Agricultural Equipment segment increased sharply from the same period of the previous year because sorting and grading plants for vegetable crops increased. As a result, revenue was ¥6,598 million, up 58.7% year on year. In terms of earnings, operating profit was ¥873 million, up 359.8%, as the increase in revenue improved the operating rate.」
Increased sorting and grading plants for vegetable crops and the improved operating rate resulted in a 58.7% year-on-year increase in revenue and a 359.8% increase in operating profit. - FY2024-Q1AdvancedAnnual report
「Revenue in the Agricultural Equipment segment increased from the same period of the previous year because sorting and grading plants for vegetable crops increased. As a result, revenue was ¥2,616 million, up 23.1% year on year, and operating profit was ¥201 million, up 566.1%.」
The trend shifted from sharply lower revenue and profit in the same period of the previous year, when upgrades to large plants had run their course, to higher revenue and profit because of the increase in sorting and grading plants for vegetable crops. - FY2023RestatedAnnual report
「Revenue in the Agricultural Equipment segment declined significantly from the previous consolidated fiscal year because upgrades to large plants at sorting and grading facilities for citrus crops had largely run their course.」
The completion of upgrades to large citrus-crop plants resulted in lower revenue and profit for the full fiscal year as well. - FY2023-Q3Declines in Revenue and Profit Continue, but the Magnitude of the Declines Is NarrowingAnnual report
「Revenue in the Agricultural Equipment segment declined significantly from the same period of the previous year because upgrades to large plants at sorting and grading facilities for citrus crops had largely run their course. As a result, revenue was ¥6,736 million, down 40.1% year on year, and operating profit was ¥532 million, down 68.2%.」
Revenue and profit continue to decline as upgrades to large plants have run their course, although the rates of decline have narrowed from 46.0% and 85.4%, respectively, in the previous quarter. - FY2023-Q2RestatedAnnual report
「Revenue in the Agricultural Equipment segment declined significantly from the same period of the previous year because upgrades to large plants at sorting and grading facilities for citrus crops had largely run their course. As a result, revenue was ¥4,157 million, down 46.0% year on year, and operating profit was ¥189 million, down 85.4%.」
The completion of upgrades to large citrus-crop plants resulted in lower revenue and profit for the second consecutive quarter, with revenue down 46.0% and operating profit down 85.4%. - FY2023-Q1Sharp declines in revenue and profit as major equipment upgrades ran their courseAnnual report
「Revenue in the Agricultural Equipment segment declined sharply from the same period of the previous year because upgrades to large plants for citrus crops had largely run their course, despite increases in sorting and grading plants for deciduous fruit and vegetable crops. As a result, revenue was ¥2,125 million, down 49.9% year on year, and operating profit was ¥30 million, down 95.6%.」
As upgrades to large citrus-crop plants ran their course, revenue in the Agricultural Equipment segment fell 49.9% and operating profit fell 95.6%. - FY2022A shift to lower revenue and profit for the full fiscal yearAnnual report
「Revenue in the Agricultural Equipment segment declined from the previous consolidated fiscal year because deliveries of sorting and grading plants for citrus crops declined, despite increases in deliveries for deciduous fruit and vegetable crops. As a result, revenue was ¥13,734 million, down 1.1% from the previous fiscal year, and operating profit was ¥1,749 million, down 10.3%.」
The trend shifted from higher revenue and profit through the cumulative third quarter to lower revenue and profit for the full fiscal year because of the decline in deliveries for citrus crops. - FY2022-Q3AdvancedAnnual report
「Revenue in the Agricultural Equipment segment increased from the same period of the previous year because deliveries of sorting and grading plants for deciduous fruit and vegetable crops increased, despite a decline in deliveries for citrus crops. As a result, revenue was ¥11,255 million, up 12.0% year on year, and operating profit was ¥1,674 million, up 26.3%.」
Although deliveries for citrus crops declined, increased deliveries for deciduous fruit and vegetable crops drove higher revenue and profit for the cumulative third quarter. - FY2022-Q2AdvancedAnnual report
「Revenue in the Agricultural Equipment segment increased sharply from the same period of the previous year because work progressed on several large sorting machines at sorting and grading plants for citrus crops and deliveries of sorting and grading plants for vegetable crops also increased. As a result, revenue was ¥7,698 million, up 100.0% year on year. In terms of earnings, operating profit was ¥1,302 million, up 535.9%, as the increase in revenue improved the operating rate.」
Progress on large sorting-machine projects and increased deliveries for vegetable crops resulted in a 100.0% year-on-year increase in revenue and a 535.9% increase in operating profit. - FY2022-Q1AdvancedAnnual report
「Revenue in the Agricultural Equipment segment increased sharply from the same period of the previous year because work progressed on several large sorting machines at sorting and grading plants for citrus crops. As a result, revenue was ¥4,238 million, up 116.7% year on year. In terms of earnings, operating profit was ¥694 million, compared with ¥52 million in the same period of the previous year, as the increase in revenue improved the operating rate.」
Progress on several large sorting-machine projects for citrus crops drove a 116.7% increase in revenue, while operating profit rose from ¥52 million to ¥694 million. - FY2021AdvancedAnnual report
「As a result, revenue was ¥13,883 million, up 18.4% from the previous fiscal year. In terms of earnings, operating profit was ¥1,949 million, up 82.9%, because there were many highly profitable projects.」
The Agricultural Equipment segment posted higher revenue and profit for the full fiscal year because of increased deliveries for citrus crops and highly profitable projects. - FY2021-Q3Continued higher revenue and profit, with the increase in profit narrowingAnnual report
「Revenue in the Agricultural Equipment segment increased from the same period of the previous year because deliveries of sorting and grading plants for citrus crops increased significantly, despite a decline in deliveries for vegetable crops. As a result, revenue was ¥10,051 million, up 7.1% year on year. In terms of earnings, operating profit was ¥1,325 million, up 56.5%, because there were many highly profitable projects.」
Revenue and profit continue to increase because of higher deliveries for citrus crops and highly profitable projects, although the year-on-year growth rates have narrowed from 13.5% and 63.6%, respectively, in the previous quarter. - FY2021-Q2Declines in Revenue and Profit Continue, but the Magnitude of the Declines Is NarrowingAnnual report
「Revenue in the Agricultural Equipment segment declined sharply from the same period of the previous year because deliveries of sorting and grading plants for citrus and vegetable crops fell significantly, despite an increase in deliveries of sorting and grading plants for deciduous fruit crops. As a result, revenue was ¥3,848 million, down 39.3% year on year, and operating profit was ¥204 million, down 60.3%.」
Revenue and profit continue to decline because of lower deliveries of sorting and grading plants, although the rates of decline in revenue and profit have narrowed from 54.0% and 92.2%, respectively, in the first quarter. - FY2021-Q1A return to sharply lower revenue and profitAnnual report
「Revenue in the Agricultural Equipment segment declined sharply from the same period of the previous year because deliveries of sorting and grading plants for citrus and vegetable crops fell significantly, despite an increase in deliveries of sorting and grading plants for deciduous fruit crops. As a result, revenue was ¥1,955 million, down 54.0% year on year, and operating profit was ¥52 million, down 92.2%.」
Revenue fell 54.0% year on year and operating profit fell 92.2%, marking a shift from the improvement in performance through the previous quarter to sharply lower revenue and profit. - FY2020Shift to Lower Revenue and Higher ProfitAnnual report
「Revenue from the Agricultural Equipment business declined from the previous consolidated fiscal year. Although deliveries of sorting and grading plants for citrus fruit increased, plants for vegetables declined significantly. Revenue was ¥11,728 million, down 15.3% from the previous fiscal year. In terms of earnings, however, operating profit increased 6.2% to ¥1,065 million because there were many highly profitable projects involving a high degree of accumulated technology.」
Although revenue declined, operating profit increased because there were many highly profitable projects, resulting in lower revenue but higher profit. - FY2020-Q3Shift back from growth in both revenue and operating profit to declines in bothAnnual report
「Revenue from the Agricultural Equipment business declined year on year. Although deliveries of sorting and grading plants for deciduous fruit and citrus fruit increased, plants for vegetables declined significantly. Revenue was ¥9,386 million, down 12.1% year on year, and operating profit was ¥846 million, down 23.7% year on year.」
The business has shifted from the previous period of growth in both revenue and operating profit, with revenue and operating profit declining for the first 3 quarters due to a significant decrease in deliveries for vegetables. - FY2020-Q2Turnaround from declining revenue and profits to revenue and profit growthAnnual report
「Revenue from the Agricultural Equipment business increased year on year. Deliveries of sorting and grading plants for vegetables declined, but plants for citrus fruit and deciduous fruit increased. As a result, revenue was ¥6,341 million, up 13.5% year on year, and operating profit increased to ¥515 million, up 63.6% year on year, as capacity utilisation improved with the increase in revenue.」
The business has shifted from declines in revenue and operating profit through the previous fiscal year to growth in both revenue and operating profit, driven by changes in the product mix of sorting and grading plants and improved capacity utilisation. - FY2019-Q3Continued lower sales and lower profitAnnual report
「Revenue from the Agricultural Equipment business declined year on year. Although sorting and grading plants for vegetables increased significantly, deliveries of plants for deciduous fruit and citrus fruit fell sharply. Revenue was ¥10,677 million, down 2.1% year on year, and operating profit was ¥1,109 million, down 17.4% year on year.」
Despite higher sales of equipment for vegetables, the business continued to post declines in revenue and operating profit for the first 3 quarters due to lower deliveries of equipment for deciduous fruit and citrus fruit. - FY2019-Q2RestatedAnnual report
「Revenue from the Agricultural Equipment business declined year on year. Although sorting and grading plants for vegetables increased, deliveries of plants for deciduous fruit and citrus fruit fell sharply. Consolidated revenue was ¥5,589 million, down 29.0% year on year, and operating profit was ¥315 million, down 70.7% year on year, as the fixed-cost burden increased due to lower capacity utilisation.」
The declines in revenue and operating profit caused by lower deliveries of sorting and grading plants and reduced capacity utilisation continued in the first half. - FY2019-Q1Shift to significant declines in both revenue and operating profitAnnual report
「Revenue from the Agricultural Equipment business declined significantly year on year as deliveries of sorting and grading plants for deciduous fruit and vegetables and citrus fruit fell sharply. As a result, consolidated revenue was ¥2,037 million, down 51.4% year on year. In terms of earnings, operating profit was ¥86 million, down 78.4% year on year, as the fixed-cost burden increased due to lower capacity utilisation.」
The Agricultural Equipment business has shifted from revenue growth in the same period of the previous year to significant declines in both revenue and operating profit, with revenue down 51.4% and operating profit down 78.4%. - FY2018Continued revenue growth and profit declineAnnual report
「As a result, consolidated revenue was ¥13,558 million, up 1.4% from the previous fiscal year. In terms of earnings, however, operating profit declined 7.0% to ¥1,415 million because some large plants involved low-margin projects.」
The Agricultural Equipment business achieved full-year revenue growth but recorded a profit decline due to low-margin projects involving some large plants. - FY2018-Q3Change from revenue growth and profit growth to revenue decline and profit declineAnnual report
「Revenue from the Agricultural Equipment business declined year on year as sorting and grading plants for citrus fruit and vegetables decreased. Consolidated revenue was ¥10,905 million, down 1.1% year on year, and operating profit was ¥1,343 million, down 2.3% year on year.」
The business has shifted from growth in both revenue and operating profit in the previous quarter, with revenue and operating profit both declining year on year for the first 3 quarters. - FY2018-Q2Shifted from revenue growth and profit decline to revenue and profit growthAnnual report
「Revenue from the Agricultural Equipment business increased year on year. Sorting and grading plants for citrus fruit increased slightly, while plants for vegetables and deciduous fruit increased. As a result, consolidated revenue was ¥7,870 million, up 21.5% year on year, and operating profit was ¥1,075 million, up 24.1% year on year.」
The business has shifted from revenue growth but profit decline in the previous quarter to growth in both revenue and operating profit, with revenue up 21.5% and operating profit up 24.1%. - FY2018-Q1Shift from significant revenue growth and profit growth to revenue growth but profit declineAnnual report
「Revenue from the Agricultural Equipment business increased significantly year on year. Although sorting and grading plants for vegetables declined slightly, the business delivered large sorting and grading plants for citrus fruit and deciduous fruit and vegetables. As a result, consolidated revenue increased significantly to ¥4,189 million, up 40.7% year on year. In terms of earnings, however, operating profit declined 20.0% to ¥401 million because the large plants driving the revenue increase were not highly profitable.」
Revenue increased 40.7% year on year due to deliveries of large sorting and grading plants, while operating profit declined 20.0% because the large plants were not highly profitable. - FY2017-Q3RestatedAnnual report
「Revenue from the Agricultural Equipment business increased year on year as sorting and grading plants for deciduous fruit and citrus fruit increased significantly. Consolidated revenue was ¥11,031 million, up 28.0% year on year, while operating profit increased significantly to ¥1,374 million, up 56.5% year on year, as capacity utilisation improved with the increase in revenue.」
The Agricultural Equipment business continues to achieve increases in revenue and operating profit. For the first 3 quarters, revenue was up 28.0% year on year and operating profit was up 56.5%. - FY2017-Q2AdvancedAnnual report
「Revenue from the Agricultural Equipment business increased year on year. Sorting and grading plants for deciduous fruit declined, but plants for citrus fruit increased nearly twofold. As a result, consolidated revenue was ¥6,475 million, up 29.9% year on year. Operating profit increased to ¥867 million, up 107.3% year on year, as capacity utilisation improved with the increase in revenue.」
Against the backdrop of higher demand for citrus fruit equipment, revenue increased 29.9% year on year and operating profit increased 107.3%, with the increases in revenue and profit widening from the previous quarter. - FY2017-Q1First statedAnnual report
「Revenue from the Agricultural Equipment business increased year on year. Although sorting and grading plants for deciduous fruit declined slightly, plants for citrus fruits and vegetables and fruit vegetables increased. As a result, consolidated revenue was ¥2,977 million, up 22.3% year on year, and operating profit was ¥502 million, up 36.2% year on year.」
Revenue and operating profit both exceeded the same period of the previous year, driven by higher sales of sorting and grading plants for citrus fruits and vegetables and fruit vegetables.