Improving the U.S. Earnings Structure
First written in FY2016. 22 of 34 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026North American sales bottom out, but revenue and earnings declineAnnual 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.」
The North American business continued to improve its earnings structure and advanced price revisions in response to tariffs, but sales and operating income fell below the year-earlier levels due to lower sales and the tariff burden. - FY2026-H1Revenue and earnings decline as North American sales slowAnnual 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.」
While continuing to improve the earnings structure of the U.S. business, sales and operating income fell below the year-earlier levels due to dealer inventory adjustments and higher costs from import tariffs. - 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.」
Despite declining sales in the U.S. business, price revisions and the normalization of transportation costs increased operating income 14.6% year on year. - 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.」
The U.S. business expanded sales and advanced earnings-structure reforms, with both sales and operating income exceeding the previous fiscal year. - 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.」
The U.S. business improved its earnings structure through price revisions and the normalization of container freight rates, resulting in an 85.9% year-on-year increase in operating income. - FY2024-Q1U.S. sales increase, but inflation-driven cost increases reduce earningsAnnual 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.」
Strong sales increased U.S. revenue, but operating income declined 14.8% year on year due to inflation-driven cost increases. - 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.」
The North American business made progress in improving its earnings structure through price revisions and lower transportation costs, resulting in substantial increases in sales and operating income. - 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.」
The company advanced price revisions and reduced transportation costs in the United States, increasing sales and operating income despite insufficient supply capacity due to component shortages. - 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.」
The U.S. business implemented price revisions and reduced transportation costs, resulting in both sales and operating income exceeding the year-earlier levels. - 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.」
The company implemented price revisions and reduced transportation costs in the United States, resulting in both sales and operating income exceeding the year-earlier levels. - 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.」
Recovery in demand and expanded sales in the U.S. business improved operating income from ¥526 thousand in the previous year to ¥328.262 million. - 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. - FY2022-Q2AdvancedAnnual report
「In the United States, demand for construction equipment began to recover amid strong construction investment, with total sales rising 61.8% year on year to ¥2,323.661 million and operating income returning to profitability at ¥133.555 million.」
Demand for construction equipment in the United States began to recover, with total sales rising 61.8% year on year and operating income returning to profitability. - 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.」
Demand for construction equipment in the U.S. business recovered, driving an 86.7% year-on-year increase in sales and a return to operating profitability. - 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.」
Amid declining demand and lower sales, stronger sales activities and expense rationalization returned the U.S. business to operating profitability. - FY2021-Q3Operating deficit as demand stagnation continuesAnnual 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.」
Demand for construction equipment in the U.S. business remained stagnant, resulting in lower sales and an operating loss. - 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.」
Sales in the U.S. business declined 35.3% due to slowing demand, and operating income turned into a loss. - 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.」
Sales in the U.S. business declined substantially due to the plant closure and slower sales. Despite efforts to reduce fixed costs, the business posted an operating loss. - FY2020-Q3Earnings decline as demand passes its peak and production is transferredAnnual 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.」
Demand in the U.S. business passed its peak, resulting in lower sales. Higher costs associated with transferring production of China-made products to the U.S. plant resulted in an operating loss. - FY2020-Q2Earnings decline amid demand adjustment and production transferAnnual 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, causing sales to decline 10.3%. Operating income also fell 71.8% due to higher costs associated with transferring production from the China plant to the U.S. plant. - FY2020-Q1U.S. sales increase, but higher costs reduce earningsAnnual 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.」
U.S. sales increased, but operating income declined 46.1% year on year due to higher costs associated with supply chain adjustments. - FY2019U.S. business broadly flat for the full 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.」
Although quarterly earnings had increased through improvements in the cost ratio and other measures, both full-year sales and operating income declined slightly and were described as broadly flat. - 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.」
An improved cost ratio increased U.S. operating income to 2.3 times the year-earlier level, indicating progress in improving the earnings structure. - FY2019-Q2AdvancedAnnual report
「In the United States, total sales rose 6.0% year on year to ¥2,475.038 million amid favorable market conditions, while operating income increased 98.7% to ¥220.529 million as a result of cost improvements.」
Cost improvements in the United States increased total sales by 6.0% and operating income by 98.7%. - FY2019-Q1AdvancedAnnual report
「In the United States, total sales increased 15.4% year on year to ¥1,532.203 million amid favorable market conditions, while operating income rose 93.0% to ¥175.437 million as a result of an improved cost ratio.」
An improved cost ratio in the United States increased total sales by 15.4% and operating income by 93.0%. - 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 advanced the development of its North American operating structure, with both sales and operating income exceeding the previous consolidated fiscal year. - FY2018-Q3AdvancedAnnual report
「In the United States, total sales increased 23.4% year on year to ¥3,037.958 million amid favorable economic conditions, while operating income rose only 6.1% to ¥69.100 million as a result of inventory clearance.」
U.S. sales rose 23.4% year on year, while operating income increased 6.1%, partly due to the impact of inventory clearance. - FY2018-Q2AdvancedAnnual report
「In the United States, domestic sales expanded steadily, with total sales rising 36.0% year on year to ¥2,334.469 million and operating income increasing 33.1% to ¥111.005 million.」
Domestic sales expanded in the United States, driving a 36.0% year-on-year increase in total sales and a 33.1% increase in operating income. - FY2018-Q1AdvancedAnnual report
「In the United States, sales remained strong, with total sales rising 20.5% year on year to ¥1,327.637 million and operating income increasing 16.6% to ¥90.920 million.」
Strong sales in the U.S. business drove a 20.5% year-on-year increase in total sales and a 16.6% increase in operating income. - 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 U.S. business increased operating income by 97.6% while maintaining sales in local-currency terms through improvements in its earnings structure. - FY2017-Q3AdvancedAnnual report
「In the United States, total sales declined 7.1% year on year to ¥2,461.865 million as a result of improvements in the earnings structure and a recovery in sales, but operating income returned to profitability at ¥65.114 million.」
The U.S. business improved its earnings structure and restored sales, returning to operating profitability despite declining sales. - 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.」
In the U.S. business, cost reductions and expense savings improved operating income to 4.9 times the year-earlier level despite a 20.2% decline in sales. - FY2017-Q1Quarterly results declinedAnnual report
「In the United States, total sales declined 12.3% year on year to ¥1,101.449 million, resulting in operating income of ¥77.958 million, down 17.2%.」
Both sales and operating income in the U.S. business declined year on year. This reflects changes in quarterly results, not a change in the policy of improving the earnings structure. - FY2016First statedAnnual report
「In the United States, efforts to improve the earnings structure resulted in total sales of ¥4,716.549 million, down ¥444.292 million, or 8.6%, from the previous consolidated fiscal year, while operating income improved to ¥104.895 million, up ¥34.901 million, or 49.9%.」
The company improved the earnings structure of its U.S. business despite declining sales, resulting in a 49.9% increase in operating income.