Profitability Decline After Large Orders Driven by Special Factors Run Their Course
First written in FY2024. 2 of 4 entries say "Materialised", first in 2026-05-13. Latest entry: FY2026.
Taihei Machinery Works,Limited moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The Group's core machinery was significantly affected by a decline following the overseas orders and other factors recorded in the previous fiscal year. Although the laminated timber-related business remained solid, as it did in the previous fiscal year, net sales were limited to ¥6,359 million, down 19.0% year on year.」
The completion of the large orders driven by special factors in the previous fiscal year and the subsequent decline in orders were reflected in an actual decrease in net sales, while the operating profit margin also fell below the 10% target. - 2026-05-13MaterialisedRevision of earnings forecasts
「Net sales were limited to ¥6,359 million, down 19.0% year on year, largely due to the negative impact of the decline from overseas orders and other projects for our group's core machinery in the previous fiscal year.」
The risk of lower profitability after the completion of large overseas orders and other projects from the previous fiscal year materialized as lower sales and profit during the current fiscal year. - FY2025-H1RestatedAnnual report
「While an order for a second accordion press in North America is expected to have a significant impact on earnings,」
The filing also describes how large orders have a significant impact on the performance of the plywood machinery business, in connection with the order for a second accordion press in North America. - FY2024First statedAnnual report
「There is a factor that will reduce profitability in the plywood machinery business as large orders driven by special factors have run their course.」
The Company has stated for the first time that the completion of the large orders driven by special factors that supported revenue and profit growth in the current fiscal year will be a factor reducing profitability thereafter.