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Sakai Heavy Industries (6358) · InitiativeLower revenue and profit in North America amid tariffs and inventory adjustmentsLatest Results (2026-11-13): "Advanced"

Strengthening the North American Business

First written in FY2016. 25 of 38 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-11-13.

38entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q2 – FY2019-Q3OtherFY2019 – FY2021-Q3AdvancedFY2021 – FY2023AdvancedFY2024-Q2 – FY2025-H12016: 320162017: 420172018: 420182019: 420192020: 320202021: 420212022: 420222023: 420232024: 320242025: 120252026: 42026
Same theme, other companies
Expansion into Downstream and Overseas Businesses Centered on North American Core BusinessesA theme 4 companies write about · 0 as a headwind · 4 as a tailwind

2 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026Lower revenue and profit in North America amid tariffs and inventory adjustmentsAnnual report

    「In the United States, the decline in sales resulting from high-tariff policies appears to be bottoming out. Total sales decreased 4.1% year on year to ¥7,274 million, while operating profit decreased 19.5% to ¥665 million as the company revised selling prices in response to import tariffs.」

    In the North American business, the decline in sales appears to be bottoming out, but sales and operating profit remained below the previous year due to high-tariff policies. The company also responded through selling price revisions.
  2. 2026-05-30OtherGeneral Meetings of Shareholders

    「North American sales declined 4.3% year on year to ¥7.25 billion as sales deceleration associated with distribution inventory adjustments and high-tariff policies began to bottom out, amid continued high levels of road construction investment supported by the Infrastructure Investment and Jobs Act and continued AI-related construction investment.」

    Although sales in North America declined, the disclosure states that sales deceleration associated with distribution inventory adjustments and high-tariff policies had begun to bottom out.
  3. FY2026-H1North American inventory adjustments and tariffs drive lower sales and profitAnnual report

    「In the United States, sales slowed as dealers continued to adjust their inventories and the introduction of high-tariff policies took effect. Total sales decreased 17.3% year on year to ¥3,133 million, while operating profit decreased 51.6% to ¥296 million due to lower sales and higher costs resulting from import tariffs.」

    In the North American business, sales slowed due to dealer inventory adjustments and high-tariff policies, with sales and operating profit below the previous year.
  4. FY2025-H1AdvancedAnnual report

    「In the United States, sales began to decline as dealers adjusted their inventories. Total sales decreased 16.1% year on year to ¥3,788 million, while operating profit increased 14.6% year on year to ¥611 million due to selling price revisions and the normalization of transportation costs.」

    Sales declined due to dealer inventory adjustments, but operating profit increased 14.6% year on year due to selling price revisions and the normalization of transportation costs.
  5. FY2024AdvancedAnnual report

    「In the United States, sales performed well against a backdrop of high levels of construction investment. Total sales increased 24.6% from the previous consolidated fiscal year to ¥9,721 million, while operating profit rose 68.7% to ¥1,162 million due to higher sales and structural improvements in profitability.」

    In the North American business, sales increased 24.6% year on year and operating profit 68.7%, while structural improvements in profitability also progressed.
  6. FY2024-Q3AdvancedAnnual report

    「In the United States, sales performed well against a backdrop of strong construction investment. Total sales increased 30.7% year on year to ¥6,633 million, while operating profit rose 74.1% to ¥762 million.」

    In the North American business, sales increased 30.7% and operating profit 74.1% against a backdrop of strong construction investment.
  7. FY2024-Q2AdvancedAnnual report

    「In the United States, sales performed well amid strong demand. Total sales increased 36.0% year on year to ¥4,514 million, while operating profit rose 85.9% year on year to ¥533 million due to selling price revisions and the normalization of container freight rates for North America.」

    In the North American business, selling price revisions and the normalization of container freight rates resulted in sales growth of 36.0% and operating profit growth of 85.9%.
  8. FY2024-Q1North American sales expanded, but profit declined due to inflation-driven cost increasesAnnual report

    「In the United States, sales performed well amid strong demand. Total sales increased 32.7% year on year to ¥2,304 million, while operating profit decreased 14.8% year on year to ¥195 million due to higher costs resulting from persistent inflation.」

    In the United States, sales increased 32.7% year on year, while operating profit decreased 14.8% due to inflation-driven cost increases.
  9. FY2023AdvancedAnnual report

    「In the United States, supply was constrained by component shortages despite strong demand, but sales performed well. Total sales increased 53.4% from the previous consolidated fiscal year to ¥7,802 million, while operating profit rose 109.8% to ¥689 million as revisions to selling prices and lower transportation costs drove structural improvements in profitability.」

    In North America, the company revised selling prices and reduced transportation costs, resulting in sales growth of 53.4% and operating profit growth of 109.8% despite supply constraints.
  10. FY2023-Q3AdvancedAnnual report

    「In the United States, supply capacity was constrained by component shortages despite a strong recovery in demand, but sales performed well. Total sales increased 56.2% year on year to ¥5,075 million, while operating profit rose 238.5% to ¥438 million as revisions to selling prices and lower transportation costs continued to improve the earnings structure.」

    Despite supply capacity constraints caused by component shortages in the United States, revisions to selling prices and lower transportation costs improved the earnings structure, resulting in substantial increases in sales and operating profit.
  11. FY2023-Q2AdvancedAnnual report

    「In the United States, supply capacity was constrained by component shortages despite a strong recovery in demand, but sales performed well. Total sales increased 42.8% year on year to ¥3,318 million, while operating profit rose 114.7% year on year to ¥287 million as revisions to selling prices and lower transportation costs improved the earnings structure.」

    In the United States, the company revised selling prices and reduced transportation costs, and sales increased 42.8% and operating profit 114.7% despite supply capacity constraints caused by component shortages.
  12. FY2023-Q1AdvancedAnnual report

    「In the United States, sales performed well amid a strong recovery in demand. Total sales increased 24.7% year on year to ¥1,737 million, while operating profit improved by 151.4% year on year to ¥229 million as revisions to selling prices and lower transportation costs improved the earnings structure.」

    In the United States, the company revised selling prices and reduced transportation costs, with total sales up 24.7% and operating profit up 151.4%.
  13. FY2022AdvancedAnnual report

    「In the United States, sales performed well as demand recovered. Total sales increased 55.4% from the previous consolidated fiscal year to ¥5,085 million, while operating profit rose to ¥328 million from ¥1 million in the previous year.」

    Sales expanded as demand recovered in the North American business, with sales up 55.4% and operating profit reaching ¥328 million.
  14. FY2022-Q3AdvancedAnnual report

    「In the United States, sales performed well as demand recovered. Total sales increased 62.5% year on year to ¥3,249 million, while operating profit returned to positive territory from the ¥68 million loss recorded in the previous year, reaching ¥129 million.」

    In the United States, sales performed well as demand recovered, with total sales up 62.5% year on year and operating profit returning from a loss to positive territory.
  15. FY2022-Q2AdvancedAnnual report

    「Sales to North America increased 61.5% year on year to ¥2,297 million as demand for construction equipment began to recover while strong construction investment continued.」

    Demand for construction equipment in North America began to recover, and sales to North America increased 61.5% year on year.
  16. FY2022-Q1AdvancedAnnual report

    「In the United States, demand for construction equipment began to recover. Total sales increased 86.7% year on year to ¥1,392 million, and operating profit returned to positive territory at ¥91 million.」

    In the United States, demand for construction equipment began to recover, with sales up 86.7% year on year and operating profit returning to positive territory.
  17. FY2021AdvancedAnnual report

    「In the United States, the company actively strengthened sales activities and streamlined expenses in response to declining demand. Although total sales decreased 10.2% from the previous consolidated fiscal year to ¥3,272 million, operating profit returned to positive territory, albeit modestly.」

    In the United States, the company strengthened sales activities and streamlined expenses, returning to operating profitability despite lower sales.
  18. FY2021-Q3Continued stagnation in North American demand and operating lossesAnnual report

    「In the United States, demand for construction equipment remained sluggish despite expanding construction investment. Total sales decreased 24.1% year on year to ¥1,999 million, while operating loss improved slightly to ¥68 million.」

    Despite expanding construction investment, demand for construction equipment remained sluggish in North America, with sales down 24.1% year on year and an operating loss recorded.
  19. FY2021-Q2Losses due to slowing U.S. demandAnnual report

    「In the United States, total revenue was ¥1,435 million, down 35.3% year on year, and operating profit was a loss of ¥60 million, as demand continued to slow despite the resumption of economic activity.」

    Demand in the United States continued to slow after economic activity resumed, resulting in a 35.3% decline in revenue and an operating loss.
  20. FY2021-Q1Losses due to U.S. plant closure and slower salesAnnual report

    「In the United States, total revenue was ¥745 million, down 52.5% year on year, due to the plant closure under Georgia's shelter-in-place order and slower sales after economic activity resumed. Despite efforts to reduce fixed costs, operating profit was a loss of ¥40 million.」

    In the United States, revenue fell sharply due to the plant closure and slower sales, and the business posted an operating loss despite efforts to reduce fixed costs.
  21. FY2020-Q3Operating loss due to demand exceeding its peak and the transfer of productionAnnual report

    「In the United States, total revenue was ¥2,633 million, down 15.9% year on year, while operating profit was an operating loss of ¥76 million due to higher costs resulting from the transfer of production of products made at the China plant to the U.S. plant.」

    Although demand in the United States remained at a high level after passing its peak, revenue declined and the business posted an operating loss due to higher costs associated with the transfer of production from the China plant to the U.S. plant.
  22. FY2020-Q2Lower profit due to demand peaking and production transfersAnnual report

    「In the United States, total revenue was ¥2,220 million, down 10.3% year on year, as demand entered an adjustment phase. Operating profit fell 71.8% to ¥62 million due to higher costs resulting from the transfer of production from the China plant to the U.S. plant.」

    Demand in the United States entered an adjustment phase, resulting in lower revenue. Operating profit also fell 71.8% year on year due to higher costs associated with the transfer of production from the China plant to the U.S. plant.
  23. FY2020-Q1U.S. revenue growth but lower profit due to supply chain adjustmentsAnnual report

    「In the United States, total revenue was ¥1,569 million, up 2.5% year on year, amid continued favorable market conditions. However, operating profit fell 46.1% to ¥94 million due to higher costs associated with supply chain adjustments.」

    While total revenue in the United States rose 2.5% year on year, operating profit fell 46.1% due to higher costs associated with supply chain adjustments.
  24. FY2019North American business broadly flat for the full fiscal yearAnnual report

    「In the United States, total revenue was ¥4,749 million, down 1.9% from the previous consolidated fiscal year, while operating profit was ¥251 million, down 1.8%, with both remaining broadly flat amid continued high levels of construction investment.」

    Against a backdrop of high construction investment, the North American business was described as broadly flat, with revenue and operating profit showing only slight year-on-year declines.
  25. FY2019-Q3AdvancedAnnual report

    「In the United States, total revenue was ¥3,131 million, up 3.1% from the same quarter of the previous year amid favorable market conditions, while operating profit rose to ¥157 million, 2.3 times the year-earlier level, due to an improved cost ratio.」

    The Company improved the cost ratio in the United States, increasing total revenue by 3.1% and operating profit to 2.3 times the year-earlier level.
  26. FY2019-Q2AdvancedAnnual report

    「Revenue from North America expanded to ¥2,426 million, up 6.4% from the same quarter of the previous year, amid continued strong construction investment.」

    Revenue from North America rose 6.4% year on year.
  27. FY2019-Q1AdvancedAnnual report

    「Revenue from North America was ¥1,513 million, up 15.8% from the same quarter of the previous year, amid continued strong construction investment.」

    Revenue from North America rose 15.8% from the same quarter of the previous year, indicating progress in strengthening the business.
  28. FY2018AdvancedAnnual report

    「In the United States, amid favorable market conditions supported by continued expansion in construction investment, the Company developed its North American business structure, resulting in total revenue of ¥4,842 million, up 13.1% from the previous consolidated fiscal year, and operating profit of ¥256 million, up 23.7%.」

    The Company developed its North American business structure, increasing total revenue by 13.1% and operating profit by 23.7%.
  29. FY2018-Q3AdvancedAnnual report

    「Revenue from North America was ¥2,967 million, up 30.7% from the same quarter of the previous year, as the business structure was strengthened amid continued solid construction investment.」

    The Company strengthened its business structure in North America, resulting in a 30.7% year-on-year increase in revenue from the region.
  30. FY2018-Q2AdvancedAnnual report

    「Revenue from North America was ¥2,280 million, up 45.3% from the same quarter of the previous year, as sales activities were strengthened amid continued solid construction investment.」

    The Company strengthened sales activities in North America, increasing revenue from the region by 45.3% from the same quarter of the previous year.
  31. FY2018-Q1AdvancedAnnual report

    「Revenue from North America was ¥1,306 million, up 25.2% from the same quarter of the previous year, as energy-related investment began to recover in addition to continued solid road construction investment.」

    Revenue from North America rose 25.2% from the same quarter of the previous year, supported by the recovery in road construction and energy-related investment.
  32. FY2017AdvancedAnnual report

    「In the United States, operating profit rose by ¥102 million, or 97.6%, to ¥207 million as improvements to the earnings structure progressed while revenue in local-currency terms remained broadly flat.」

    The Company advanced improvements to the earnings structure in the United States, increasing operating profit 97.6% while maintaining revenue in local-currency terms.
  33. FY2017-Q3AdvancedAnnual report

    「Revenue from North America recovered to ¥2,270 million, down 10.4% from the same quarter of the previous year, as signs of a bottoming emerged amid expectations of increased infrastructure investment under the new administration.」

    Revenue from North America showed signs of bottoming, and the Company described it as recovering despite remaining below the year-earlier level. In the U.S. business, operating profit was ¥65 million and returned to profitability through improvements to the earnings structure and a recovery in sales.
  34. FY2017-Q2AdvancedAnnual report

    「In the United States, total revenue was ¥1,716 million, down 20.2% from the same quarter of the previous year, as shale oil-related investment stagnated despite continued strong construction investment. However, operating profit rose to ¥83 million, 4.9 times the year-earlier level, due to lower costs and reduced expenses.」

    The U.S. business reduced costs and expenses, improving operating profit to 4.9 times the year-earlier level despite lower revenue.
  35. FY2017-Q1RestatedAnnual report

    「Revenue from North America was ¥1,043 million, down 15.9% from the same quarter of the previous year, as energy-related investment remained sluggish despite active housing and road construction investment.」

    The Company disclosed market conditions and sales results for the North American business, but did not indicate any change in its policy of strengthening the business.
  36. FY2016First statedAnnual report

    「The Group will accelerate the strengthening of its corporate foundations for future growth by streamlining its earnings and financial structure, expanding sales activities in Japan and overseas, strengthening its North American business, conducting research and development into next-generation products and services, investing in its core base and enhancing development capabilities, and strengthening the Group's management structure.」

    The Company identifies strengthening the North American business as a measure to strengthen its corporate foundation as the basis for future growth.
Moved together

"Improving the U.S. Earnings Structure" moved the same way as this thread, in the same document, in 22 of its 38 moves.

222118171513★123456
  1. ★This thread
  2. 1Improving the U.S. Earnings Structure22×
  3. 2Developing Overseas Markets and Building an Overseas Business Structure21×
  4. 3Strengthening the Sales Structure Centered on the Indochina Peninsula18×
  5. 4Proactive sales expansion in Japan and overseas17×
  6. 5Rising Overseas Sales Ratio and Dependence on Overseas Markets15×
  7. 6Increasing production through full-scale operations in Indonesia13×

★ 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
Sakai Heavy Industries's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Results of 2026-11-13: "Advanced".
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