Komori
Taihei Machinery Works,Limited (6342) · FactPlywood machinery business: Lower revenue and lower profit following a decline from the prior year's level

Plywood Machinery Business: Lower Revenue, Higher Profit

First written in FY2017. 16 of 32 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026.

32entries
10years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2020 – FY2022AdvancedFY2023-Q1 – FY2025-H12017: 320172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 020252026: 22026
Same theme, other companies

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026Plywood machinery business: Lower revenue and lower profit following a decline from the prior year's levelAnnual report

    「Net sales were limited to ¥3,579 million, down 28.9% year on year, and operating income was ¥369 million, down 52.6%, mainly due to the significant negative impact of the decline from the previous fiscal year's large overseas orders and large-scale maintenance of existing domestic machinery.」

    The plywood machinery business posted a 28.9% decline in revenue and a 52.6% decline in operating profit due to the decline following large orders and major maintenance work in the previous fiscal year.
  2. 2026-05-13WorsenedRevisions to earnings forecasts

    「Net sales were limited to ¥3,579 million, down 28.9% year on year, and operating income was ¥369 million, down 52.6%, mainly due to the significant negative impact of the decline from the previous fiscal year's large overseas orders and large-scale maintenance of existing domestic machinery.」

    The plywood machinery business recorded lower sales and profit due to the decline from large overseas orders and large-scale domestic maintenance projects in the previous fiscal year.
  3. FY2025-H1AdvancedAnnual report

    「In the plywood machinery business, an order for a second accordion press in North America had a significant impact on performance. With further expansion in the region in view, the company focused on proactive local PR activities, including exhibiting at trade shows. As a result, revenue for the six months ended at ¥3,289 million, up 4.2% year on year, and operating profit was ¥1,050 million, up 51.3%.」

    Against the backdrop of the order for a second accordion press in North America and PR activities, the plywood machinery business generated revenue of ¥3,289 million and operating profit of ¥1,050 million.
  4. FY2024AdvancedAnnual report

    「Revenue was ¥6,592 million, up 54.3% year on year, and operating profit was ¥1,561 million, up 130.4%.」

    The plywood machinery business posted a 54.3% increase in revenue and a 130.4% increase in operating profit, supported by large orders, progress in production and installation, proposals for existing machines, and overseas order activity.
  5. FY2024-Q3AdvancedAnnual report

    「In the plywood machinery business, the company steadily advanced the manufacture and delivery of products for ordered projects and focused on proposing maintenance and upgrades for existing machines. In addition, the impact of a large order attributable to special factors contributed to revenue of ¥4,615 million for the cumulative third quarter, up 55.1% year on year, and operating profit of ¥990 million, up 155.5%.」

    Manufacturing and delivery of ordered projects, proposals for maintenance and upgrades of existing machines, and large orders resulted in a 55.1% increase in revenue and a 155.5% increase in operating profit for the plywood machinery business.
  6. FY2024-Q2AdvancedAnnual report

    「Revenue and profit increased due to higher sales accompanying increased orders and progress on projects for which revenue is recognized over a specified period. As a result, revenue for the cumulative second quarter ended at ¥3,156 million, up 97.6% year on year, and operating profit was ¥694 million, up 374.0%.」

    The plywood machinery business posted a 97.6% increase in revenue and a 374.0% increase in operating profit due to higher orders and progress on projects.
  7. FY2024-Q1AdvancedAnnual report

    「As a result, revenue for the cumulative first quarter ended at ¥1,296 million, up 88.7% year on year, and operating profit was ¥199 million, up 234.9%.」

    The plywood machinery business increased revenue by 88.7% and operating profit by 234.9% in the first quarter, extending its year-on-year revenue and profit growth.
  8. FY2023AdvancedAnnual report

    「As a result, revenue for the fiscal year ended at ¥4,273 million, up 61.8% year on year, and operating profit was ¥677 million, compared with an operating loss of ¥2 million in the same period of the previous year.」

    The plywood machinery business increased revenue by 61.8% and shifted from an operating loss in the previous year to operating profit of ¥677 million.
  9. FY2023-Q3AdvancedAnnual report

    「In the same period of the previous year, sales and profit remained sluggish because installation work could not be conducted due to travel restrictions related to COVID-19 and research and development expenses increased. The company subsequently resumed overseas sales activities while taking precautions against COVID-19 and proceeded with installation work for postponed overseas projects. Although delays in parts deliveries and higher prices for raw materials and other items had been concerns, sales and profit remained solid due to rigorous production-process management, including revising production plans and ordering parts in advance. As a result, revenue for the cumulative third quarter ended at ¥2,976 million, up 84.5% year on year, and operating profit was ¥387 million, compared with an operating loss of ¥143 million in the same period of the previous year.」

    The plywood machinery business resumed overseas sales activities, advanced installation work for postponed projects, revised production plans, and ordered parts in advance, resulting in an 84.5% year-on-year increase in revenue and a shift from an operating loss in the same period of the previous year to operating profit of ¥387 million.
  10. FY2023-Q2AdvancedAnnual report

    「Although delays in parts deliveries and higher prices for raw materials and other items had been concerns, the company kept the impact within the expected range through rigorous production-process management, including revising production plans and ordering parts in advance. As a result, revenue for the cumulative second quarter ended at ¥1,597 million, up 65.7% year on year, and operating profit was ¥146 million, compared with an operating loss of ¥243 million in the same period of the previous year.」

    The plywood machinery business managed the production process in response to delays in parts deliveries and higher raw-material prices, keeping the impact within the expected range. For the cumulative second quarter, revenue increased 65.7% year on year, and the business shifted from an operating loss in the same period of the previous year to operating profit of ¥146 million.
  11. FY2023-Q1AdvancedAnnual report

    「As a result, revenue for the cumulative first quarter ended at ¥687 million, up 35.3% year on year, and operating profit was ¥59 million, compared with an operating loss of ¥8 million in the same period of the previous year.」

    The plywood machinery business increased revenue by 35.3% and shifted from an operating loss in the same period of the previous year to operating profit of ¥59 million.
  12. FY2022Narrowing of operating lossAnnual report

    「Revenue for the fiscal year ended at ¥2,641 million, compared with ¥1,844 million in the same period of the previous year, while the operating loss narrowed to ¥2 million from ¥90 million.」

    The plywood machinery business increased revenue and narrowed its operating loss from ¥90 million to ¥2 million, but did not return to operating profitability.
  13. FY2022-Q3Higher revenue, wider operating lossAnnual report

    「As a result, revenue for the cumulative third quarter ended at ¥1,613 million, compared with ¥1,428 million in the same period of the previous year. The operating loss widened to ¥143 million from ¥37 million due to higher research and development expenses and increases in procurement prices for raw materials and other items.」

    Although the plywood machinery business increased revenue year on year, the operating loss widened due to higher research and development expenses and increases in procurement prices for raw materials and other items.
  14. FY2022-Q2Higher revenue, wider operating lossAnnual report

    「Revenue for the cumulative second quarter ended at ¥964 million, compared with ¥761 million in the same period of the previous year, partly reflecting the adoption of the accounting standard for revenue recognition. The operating loss widened to ¥243 million from ¥24 million in the same period of the previous year due to higher research and development expenses.」

    The plywood machinery business increased revenue from ¥761 million in the same period of the previous year to ¥964 million, while the operating loss widened from ¥24 million to ¥243 million due in part to higher research and development expenses.
  15. FY2022-Q1Revenue growth with continued operating lossAnnual report

    「Orders in the plywood machinery business have stagnated as caution toward capital investment persists amid uncertainty over the market outlook, compounded by the impact of restrictions on overseas travel. In this environment, the company pursued sales activities while implementing thorough infection-control measures and advanced postponed overseas installation work as far as possible. Revenue for the cumulative first quarter ended at ¥507 million, compared with ¥414 million in the same period of the previous year, partly reflecting the adoption of the accounting standard for revenue recognition. The operating loss was ¥8 million, compared with an operating loss of ¥1 million in the same period of the previous year.」

    Although revenue exceeded the same period of the previous year, the operating loss continued and widened year on year amid sluggish orders and continued restrictions on overseas travel.
  16. FY2021Sharp revenue decline and shift to an operating lossAnnual report

    「As a result, revenue for the fiscal year ended at ¥1,844 million, down 64.8% year on year, and the operating loss was ¥90 million, compared with operating profit of ¥877 million in the same period of the previous year.」

    The plywood machinery business posted a sharp decline in revenue due to the completion of the investment cycle for major machinery, deteriorating market conditions, and restrictions on overseas sales and installation work, shifting into an operating deficit.
  17. FY2021-Q3Sharp revenue decline and continued operating lossAnnual report

    「In the plywood machinery business, capital investment demand declined as market conditions deteriorated rapidly after capital investment in major machinery reached a plateau. In addition, restrictions on overseas sales activities and installation work continued, and difficult conditions for both orders and sales persisted. As a result, revenue for the cumulative third quarter ended at ¥1,428 million, down 64.0% year on year, and the operating loss was ¥37 million, compared with operating profit of ¥734 million in the same period of the previous year.」

    The plywood machinery business posted a 64.0% year-on-year decline in revenue due to the completion of the investment cycle for major machinery, deteriorating market conditions, and restrictions on overseas sales and installation work, shifting from an operating profit in the same period of the previous year to an operating loss.
  18. FY2021-Q2RestatedAnnual report

    「In the plywood machinery business, capital investment demand declined as market conditions deteriorated rapidly after capital investment in major machinery reached a plateau. In addition, restrictions on overseas sales activities and installation work continued, resulting in difficult conditions for both orders and sales. As a result, revenue for the cumulative second quarter ended at ¥761 million, down 72.2% year on year, and the operating loss was ¥24 million, compared with operating profit of ¥508 million in the same period of the previous year.」

    The plywood machinery business posted a 72.2% decline in revenue and an operating loss of ¥24 million as the investment cycle for major machinery ended, market conditions deteriorated, and restrictions on overseas sales and installation work continued.
  19. FY2021-Q1From revenue and profit growth to a sharp decline in revenue and an operating lossAnnual report

    「In the plywood machinery business, capital investment demand declined as market conditions deteriorated rapidly after capital investment in major machinery reached a plateau. In addition, restrictions on overseas sales activities and installation work continued, resulting in difficult conditions for both orders and sales. As a result, revenue for the cumulative first quarter ended at ¥414 million, down 72.8% year on year. The operating loss was ¥1 million, mainly due to lower sales, compared with operating profit of ¥333 million in the same period of the previous year.」

    The plywood machinery business posted a 72.8% year-on-year decline in revenue and shifted to an operating loss due to the completion of the investment cycle for major machinery, deteriorating market conditions, and restrictions on overseas sales and installation work.
  20. FY2020From higher revenue and profits to lower revenue and profitsAnnual report

    「As a result, revenue for the fiscal year ended at ¥5,239 million, down 7.5% year on year, and operating profit was ¥877 million, down 21.3%.」

    Although overseas revenue increased, the plywood machinery business posted full-year declines of 7.5% in revenue and 21.3% in operating profit due in part to the easing of domestic capital investment.
  21. FY2020-Q3AdvancedAnnual report

    「Orders in the plywood machinery business remained strong as the company accelerated the market launch of machines under development and continued its proactive sales activities. In addition, deliveries in the previous year were concentrated at the end of the fiscal year, resulting in low first-half sales, while the adoption of the percentage-of-completion method also contributed to substantial year-on-year increases in both revenue and profit. As a result, revenue for the cumulative third quarter ended at ¥3,972 million, up 114.7% year on year, and operating profit was ¥734 million, compared with an operating loss of ¥3 million in the same period of the previous year.」

    In addition to strong orders, the plywood machinery business benefited from the concentration of deliveries in the same period of the previous year and the adoption of the percentage-of-completion method, resulting in a 114.7% year-on-year increase in revenue and a shift from an operating loss to operating profit of ¥734 million.
  22. FY2020-Q2AdvancedAnnual report

    「Orders in the plywood machinery business remained strong as the company accelerated the market launch of machines under development and continued its proactive sales activities. In addition, deliveries in the previous year were concentrated at the end of the fiscal year, resulting in low first-half sales, while the adoption of the percentage-of-completion method also contributed to substantial year-on-year increases in both revenue and profit. As a result, revenue for the cumulative second quarter ended at ¥2,735 million, up 165.8% year on year, and operating profit was ¥508 million, compared with operating profit of ¥32 million in the same period of the previous year.」

    In addition to strong orders, the plywood machinery business benefited from the concentration of deliveries in the previous year and the adoption of the percentage-of-completion method, resulting in a 165.8% year-on-year increase in revenue and operating profit of ¥508 million.
  23. FY2020-Q1AdvancedAnnual report

    「Orders in the plywood machinery business remained strong as the company accelerated the market launch of machines under development and continued its proactive sales activities. In addition, deliveries in the previous year were concentrated at the end of the fiscal year, resulting in low first-half sales, while the adoption of the percentage-of-completion method also contributed to substantial year-on-year increases in both revenue and profit. As a result, revenue for the cumulative first quarter ended at ¥1,523 million, up 518.4% year on year. Operating profit was ¥333 million, compared with an operating loss of ¥53 million in the same period of the previous year, mainly due to higher sales.」

    In addition to strong orders, the plywood machinery business benefited from the concentration of deliveries in the same period of the previous year and the adoption of the percentage-of-completion method, with revenue up 518.4% year on year and a shift from an operating loss to operating profit of ¥333 million.
  24. FY2019AdvancedAnnual report

    「As a result of efficiency improvements in projects concentrated in the second half, revenue for the fiscal year ended at ¥5,662 million, up 13.6% year on year, and operating profit was ¥1,114 million, up 33.3%.」

    The plywood machinery business posted full-year revenue and profit growth, supported by efficiency improvements stemming from the concentration of projects.
  25. FY2019-Q3From revenue and profit growth to an operating lossAnnual report

    「The plywood machinery business exceeded its order plan as it accelerated the market launch of machines under development and continued its proactive sales activities. However, deliveries were concentrated at the end of the fiscal year. As a result, revenue for the cumulative third quarter ended at ¥1,849 million, down 34.7% year on year, while the operating loss was ¥3 million, compared with operating profit of ¥406 million in the same period of the previous year.」

    Although orders exceeded plan, the concentration of deliveries at the end of the fiscal year caused the plywood machinery business to post a 34.7% year-on-year decline in revenue and shift from an operating profit to an operating loss.
  26. FY2019-Q2From an operating loss to an operating profit; a sharp year-on-year decline in revenue and profitAnnual report

    「The plywood machinery business exceeded its order plan as it accelerated the market launch of machines under development and continued its proactive sales activities. However, sales from a large project scheduled for the first half were pushed into the second half, and deliveries were concentrated in the second half. As a result, revenue for the cumulative second quarter ended at ¥1,029 million, down 60.9% year on year, while operating profit was ¥32 million, down 93.4%.」

    The plywood machinery business exceeded its order plan, but sales from a large project and deliveries were pushed into the second half, resulting in a 60.9% year-on-year decline in revenue and a 93.4% decline in operating profit. Operating profit recovered from an operating loss in the previous quarter to ¥32 million.
  27. FY2019-Q1From higher revenue and higher profit to a significant revenue decline and a lossAnnual report

    「The plywood machinery business continued to accelerate the market launch of newly developed machinery and pursue proactive sales activities, and orders were generally in line with plan. However, as delivery schedules were concentrated in the second half, revenue for the first 3 months of the consolidated fiscal year was ¥246 million, down 71.4% year on year. The operating loss was ¥53 million due in part to the decline in revenue, compared with operating profit of ¥131 million in the same period of the prior year.」

    The plywood machinery business received orders broadly in line with plan, but revenue fell sharply because deliveries were concentrated in the second half, resulting in a shift from an operating profit in the same period of the previous year to an operating loss.
  28. FY2018AdvancedAnnual report

    「Revenue was ¥4,986 million, up 21.2% year on year, and operating profit was ¥836 million, up 23.6%.」

    The plywood machinery business reported higher revenue and profits, supported by the launch of newly developed machinery, proactive sales activities, ongoing orders and cost control.
  29. FY2018-Q3AdvancedAnnual report

    「The plywood machinery business focused on accelerating the market launch of newly developed machinery and pursuing proactive sales activities, resulting in solid orders. It also focused on improving manufacturing efficiency and cost control by securing ongoing orders for the same models of export machinery and leveraging economies of scale. As a result, revenue for the first 9 months of the consolidated fiscal year was ¥2,834 million, up 34.8% year on year, and operating profit was ¥406 million, up 81.4%.」

    The plywood machinery business reported a 34.8% year-on-year increase in revenue and an 81.4% increase in profit, driven by the launch of newly developed machinery, proactive sales activities, ongoing orders, improved manufacturing efficiency and cost control.
  30. FY2018-Q2AdvancedAnnual report

    「In the plywood machinery business, orders remained strong as the company focused on accelerating the market launch of newly developed machinery and conducting active sales activities. It also focused on cost management by improving production efficiency through continued orders for the same export machinery models and leveraging economies of scale. As a result, revenue for the six months ended in the second quarter of the current fiscal year was ¥2,634 million, up 41.7% year on year, and operating profit was ¥493 million, up 68.0%.」

    The plywood machinery business continued to make progress in increasing revenue and profits, supported by the launch of newly developed machinery, sales activities and ongoing orders.
  31. FY2018-Q1From lower revenue and higher profit to higher revenue and higher profitAnnual report

    「The plywood machinery business reported revenue of ¥862 million for the first 3 months of the consolidated fiscal year, up 26.5% year on year, following efforts including proactive sales activities and the launch of new machinery designed with environmental considerations and labor savings in mind. Operating profit was ¥131 million, compared with an operating loss of ¥10 million in the same period of the prior year, due to improved production efficiency and thorough cost control.」

    The plywood machinery business shifted from lower revenue and higher profit for the full prior year to revenue growth of 26.5% year on year and an operating profit of ¥131 million in the first quarter, compared with an operating loss.
  32. FY2017First statedAnnual report

    「Revenue was ¥4,114 million, down 4.7% year on year. Operating profit was ¥676 million, up 43.8%.」

    The plywood machinery business reported lower revenue as the impact of large projects in the prior year subsided, but profit increased due to cost control and other factors.
Moved together

"Strengthening the Sales Organization, Sales Strategy and Cost Management" moved the same way as this thread, in the same document, in 12 of its 32 moves.

12127777★123456
  1. ★This thread
  2. 1Strengthening the Sales Organization, Sales Strategy and Cost Management12×
  3. 2Shareholder returns including stable dividends and share buybacks12×
  4. 3Cost Reduction and Quality Improvement Through Expanded Production Facilities7×
  5. 4Expansion of Export and Overseas-Market Sales7×
  6. 5Full-year revenue decline and sharp profit growth7×
  7. 6¥142 million spent on research and development activities7×

★ 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.

When this could move next
No upcoming earnings preview for Taihei Machinery Works,Limited yet. It last moved in the Revisions to earnings forecasts of 2026-05-13: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.