Enhancing Order-Winning Capabilities and Expanding the Business Scope of the Machinery and Plant Business
First written in FY2016. 10 of 17 entries say "Advanced", first in FY2021. Latest entry: FY2026.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Revenue was ¥12,799 million, up 2.5% from the previous consolidated fiscal year, mainly from tank maintenance projects for domestic refineries. Operating profit was ¥1,002 million, up 11.2%.」
Stable orders for maintenance projects for domestic refineries resulted in higher revenue and profit in the Plant Business, confirming progress in strengthening order-winning capabilities and establishing stable earnings. - FY2026-H1AdvancedAnnual report
「The company is steadily recognizing revenue while securing stable orders, mainly for maintenance projects for domestic refineries. As a result, revenue from this business was ¥5,755 million, up 9.3% year on year, and operating profit was ¥426 million, up 196.2%.」
Stable orders for maintenance projects for domestic refineries continued, resulting in higher revenue in the Plant Business and a 196.2% year-on-year increase in operating profit. - FY2025-H1RestatedAnnual report
「The company is steadily recognizing revenue while securing stable orders for maintenance projects for domestic refineries. As a result, revenue from this business was ¥4,621 million, up 1.6% year on year, and operating profit was ¥356 million, down 17.8%.」
Stable orders for maintenance projects for domestic refineries continued. Meanwhile, the Plant Business recorded higher revenue, but operating profit fell 17.8% year on year. - FY2024-Q3AdvancedAnnual report
「The company is steadily recognizing revenue while securing stable orders for maintenance projects for domestic refineries. As a result, revenue from this business was ¥6,684 million, up 10.0% year on year, and operating profit was ¥534 million, up 45.7%.」
In the Plant Business, stable orders for maintenance projects for domestic refineries continued, with revenue up 10.0% year on year and operating profit up 45.7%. - FY2024-Q2AdvancedAnnual report
「The company is steadily recognizing revenue while securing stable orders for maintenance projects for domestic refineries. As a result, revenue from this business was ¥4,549 million, up 14.4% year on year, and operating profit was ¥434 million, up 101.5%.」
In the Plant Business, stable orders for maintenance projects for domestic refineries resulted in higher revenue and profit, with operating profit up 101.5% year on year. - FY2024-Q1AdvancedAnnual report
「Revenue from maintenance projects for domestic refineries was recognized steadily. Revenue was ¥2,650 million, up 43.6% year on year, and operating profit was ¥301 million, up 286.9%.」
Within efforts to strengthen the Machinery and Plant Business's order-winning capabilities and business scope, maintenance projects for domestic refineries resulted in higher revenue and profit, with revenue up 43.6% and operating profit up 286.9%. - FY2023AdvancedAnnual report
「Drawing on its longstanding track record and experience, the company continues to win domestic maintenance projects through sustained efforts and is working to secure stable earnings. It is also maintaining the workforce needed to support this business by building good relationships with group companies and partner companies.」
Amid challenging conditions for new-build projects, the company is taking concrete steps to secure domestic maintenance orders and maintain its construction structure through cooperation with group companies and partner companies. - FY2023-Q3WorsenedAnnual report
「From the first quarter of the current fiscal year, revenue from maintenance projects for domestic refineries has been recognized in this business. Revenue was ¥6,075 million, down 47.5% year on year. Excluding the impact of the first-year adoption of the revenue recognition accounting standard in the same quarter of the previous year, the year-on-year decline was 5.8%. Operating profit was ¥367 million, down 8.1%.」
In the Plant Business, even excluding the impact of the first year of adoption of the revenue recognition accounting standard, revenue fell 5.8% and operating profit fell 8.1%, indicating continued deterioration in order-winning capabilities and the earnings environment. - FY2023-Q2WorsenedAnnual report
「From the first quarter of the current fiscal year, revenue from maintenance projects for domestic refineries has been recognized in this business. Revenue was ¥3,976 million, down 57.1% year on year. Excluding the impact of the first-year adoption of the revenue recognition accounting standard in the same quarter of the previous year, the year-on-year decline was 3.9%. Operating profit was ¥215 million, down 4.3%.」
Even excluding the impact of the first year of adoption of the accounting standard, revenue in the Plant Business fell 3.9% and operating profit fell 4.3%, indicating deterioration in the order and earnings environment. - FY2023-Q1WorsenedAnnual report
「From the first quarter of the current fiscal year, revenue from maintenance projects for domestic refineries has been recognized in this business. Revenue was ¥1,845 million, down 74.4% year on year. Excluding the impact of the first-year adoption of the revenue recognition accounting standard in the same quarter of the previous year, the year-on-year decline was 12.1%. Operating profit was ¥77 million, down 22.5%.」
Even excluding the impact of the first year of adoption of the accounting standard, revenue in the Plant Business fell 12.1% and operating profit fell 22.5%, indicating deterioration in the order and earnings environment. - FY2022-Q3AdvancedAnnual report
「Revenue was generated mainly from maintenance projects for domestic refineries, resulting in revenue of ¥12,469 million, up 93.9% year on year. In the current fiscal year, ¥4,650 million of revenue and the same amount of cost of sales were added due to a change in accounting standards. On the previous accounting basis, excluding this impact, revenue was ¥7,819 million, up 21.6%. Operating income was ¥51 million, compared with an operating loss of ¥418 million in the same quarter of the previous year.」
Revenue rose 21.6% year on year even excluding the impact of the accounting standards change, mainly due to maintenance projects for domestic refineries. Operating income also turned from a loss of ¥418 million in the same period of the previous year to a profit of ¥51 million. - FY2021AdvancedAnnual report
「Accordingly, the company has established a new company to strengthen cooperation with partner companies, develop a stable construction structure, and secure and train on-site personnel. To handle new tank construction projects, it has also established an integrated management and information-sharing structure, staffed by a small team of highly skilled personnel from order receipt through construction, enabling projects to be executed swiftly and efficiently.」
The company is moving forward with specific measures to strengthen the Machinery and Plant Business's order-winning capabilities and construction structure, including collaboration with partners, the establishment of a new company, and integrated management by a small team of highly skilled personnel. - FY2018RestatedAnnual report
「With large tank construction and expansion projects limited, the company has substantially revised its business structure by strengthening its ability to win small- and medium-sized overseas projects and domestic maintenance projects, considering the manufacture of small tanks, and implementing thorough cost reductions. However, the impact of weak capital investment conditions remains significant, and challenging conditions continue.」
The company continues to strengthen its order-winning capabilities and business structure through small- and medium-sized overseas projects, domestic maintenance, small tanks and cost reductions. - FY2017RestatedAnnual report
「① Securing projects in Southeast Asia and the Middle East ② Alliance strategy with equipment companies ③ Entering the small tank market ④ Improving operating productivity ⑤ Shortening and standardizing project schedules ⑥ Expanding the maintenance business」
The company continues to pursue 6 initiatives to strengthen the Machinery and Plant Business's order-winning capabilities and business scope. - FY2016First statedAnnual report
「① Securing projects in Southeast Asia and the Middle East ② Alliance strategy with equipment companies ③ Entering the small tank market ④ Improving operating productivity ⑤ Shortening and standardizing project schedules ⑥ Expanding the maintenance business」
The company has positioned overseas projects, partnerships, small tanks, process and productivity improvements, and maintenance expansion as an integrated business strategy.