Komori
Galilei Holdings (6420) · InitiativeAdvancedLatest Results (2026-08-06): "Other"

Expanding Sales to Food Supermarkets, Convenience Stores, Drugstores and Small Food Supermarkets

First written in FY2016. 22 of 36 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-06.

36entries
11years
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ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2019-Q3OtherFY2020-Q1 – FY2021AdvancedFY2025-H1 – FY20262016: 320162017: 420172018: 420182019: 320192020: 420202021: 420212022: 420222023: 320232024: 220242025: 220252026: 32026
Same theme, other companies
Expansion of the sales network for food retail and distribution formatsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. 2026-08-06OtherResults

    「フードサービス販売では、昨年に引き続き、外食産業のインバウンド需要等により主に飲食店向けの汎用冷凍冷蔵庫の売上が増加したことに加え、大手外食チェーン向けに自動ゆで麺機などの機器の売上が堅調に推移したことなどにより、売上高は78億5千万円(前年同四半期比5.6%増)となりました。」

    フードサービス販売は増収となった一方、冷凍冷蔵ショーケース販売と小型パネル冷蔵設備販売は減収となり、販売動向は製品区分ごとに分かれた。
  2. FY2026AdvancedAnnual report

    「In large panel refrigeration equipment sales, construction demand continued for low-temperature logistics facilities, including new, consolidated and reorganized facilities, as well as the conversion of logistics centers and refrigerated warehouses from ambient to frozen and refrigerated temperature zones due to full occupancy and aging. Revenue was ¥18,302 million, up 15.7% year on year. In small panel refrigeration equipment sales, revenue was ¥9,481 million, up 21.1% year on year, as sales of prefabricated refrigerators to supermarkets, convenience stores and certain restaurant chains remained firm.」

    Demand for low-temperature logistics and refrigerated warehouse construction drove increases of 15.7% and 21.1% year on year in large and small panel refrigeration equipment, respectively.
  3. 2026-06-08AdvancedEarnings presentation

    「流通産業において省エネ改装需要が堅調に推移し、主にスーパーマーケット・ドラッグストア向けの販売が増加」

    ショーケース販売について、流通産業の省エネ改装需要とスーパーマーケット・ドラッグストア向け販売の増加を記載している。
  4. FY2026-H1AdvancedAnnual report

    「In food-service sales, sales of general-purpose freezers and refrigerators to restaurants increased, mainly due to inbound demand in the food-service industry. Sales of dishwashers and automatic noodle boilers to major restaurant chains also remained firm, resulting in revenue of ¥15,973 million, up 11.3% year on year.」

    Following the review of the sales categories, general-purpose freezers and refrigerators, dishwashers and automatic noodle boilers for restaurants and major restaurant chains continued to grow. Sales also increased year on year in each category, including frozen and refrigerated showcases, food-processing machinery, large and small panels, and services.
  5. FY2025AdvancedAnnual report

    「In frozen and refrigerated showcase sales, energy-saving refurbishment demand in the distribution industry remained firm, increasing sales to supermarkets and drugstores. Sales of showcases using natural refrigerants to convenience stores also remained firm, resulting in revenue of ¥52,915 million, up 13.3% year on year.」

    Showcase sales rose 13.3% year on year, driven by energy-saving refurbishment demand, increased sales to supermarkets and drugstores, and sales of natural-refrigerant showcases to convenience stores.
  6. FY2025-H1AdvancedAnnual report

    「In frozen and refrigerated showcase sales, energy-saving refurbishment demand in the distribution industry remained firm, increasing sales to supermarkets and drugstores. Sales of showcases using natural refrigerants to convenience stores also remained firm, resulting in revenue of ¥25,859 million, up 17.8% year on year.」

    Showcase sales rose 17.8% year on year, driven by energy-saving refurbishment demand, natural-refrigerant showcases, and sales to supermarkets, drugstores and convenience stores. Food-service products, small panels and services also posted higher sales, with sales expanding across multiple product groups.
  7. FY2024-Q3Changes by product groupAnnual report

    「In freezer and refrigerator sales, demand for in-store food processing and takeaway softened, reducing sales of high-value-added products such as blast chillers and refrigerated and frozen lockers. However, sales of general-purpose freezers and refrigerators and ice makers to restaurants and accommodation facilities increased as demand in the food-service industry recovered, resulting in revenue of ¥19,259 million, up 1.1% year on year. In medical and scientific equipment sales, sales of pharmaceutical refrigerators to dispensing pharmacies and drugstores were trending upward, but sales to hospitals and clinics declined. As a result, revenue was ¥931 million, down 5.0% year on year. In frozen and refrigerated showcase sales, sales to supermarkets and drugstores increased as refurbishment demand in the distribution industry remained firm. Sales of showcases using natural refrigerants to convenience stores also remained firm, resulting in revenue of ¥34,775 million, up 23.8% year on year. In large food-processing machinery sales, customers, particularly food manufacturers, continued to take a cautious approach to capital investment amid higher energy and raw-material costs. Revenue was ¥4,211 million, down 21.6% year on year. In large panel refrigeration equipment sales, demand continued for logistics centers and refrigerated warehouses, supported by demand for low-temperature logistics facilities arising from the 2024 logistics problem and by the full occupancy and aging of refrigerated warehouses, mainly in major cities. Revenue was ¥11,058 million, up 18.3% year on year. In small panel refrigeration equipment sales, sales to supermarket and hotel kitchen back rooms and to convenience stores remained firm, but revenue fell to ¥4,716 million, down 10.5% year on year, due mainly to a decline in projects for small food factories and similar facilities. In services sales, revenue from maintenance and maintenance contracts for frozen and refrigerated showcases supplied to supermarkets and convenience stores remained firm. Revenue from maintenance of freezers and refrigerators and other equipment also increased as demand in the food-service industry recovered, resulting in revenue of ¥9,323 million, up 11.0% year on year.」

    Sales increased for showcases, large panel refrigeration equipment, services, and general-purpose freezers and refrigerators and ice makers, while medical and scientific equipment, large food-processing machinery, and small panel refrigeration equipment saw lower sales. Performance therefore varied by product group and customer segment.
  8. FY2024-Q2AdvancedAnnual report

    「In frozen and refrigerated showcase sales, sales to supermarkets and drugstores increased as demand for store refurbishments, mainly in the distribution industry, remained firm. Sales of showcases using natural refrigerants to convenience stores also remained firm, resulting in revenue of ¥21,948 million, up 28.4% year on year. In small panel refrigeration equipment sales, revenue rose to ¥3,283 million, up 13.4% year on year, due mainly to increased sales to supermarkets, hotels and convenience stores.」

    Revenue increased year on year in both sales areas, driven by demand for store refurbishments in the distribution industry, natural-refrigerant showcases, and small panel refrigeration equipment for supermarkets, hotels and convenience stores.
  9. FY2024-Q1AdvancedAnnual report

    「In refrigerated and frozen showcase sales, sales declined in the previous quarter due to order restrictions caused by a shortage of foaming agents, but sales to supermarkets and drugstores recovered this year as the company was able to meet a certain level of demand from the distribution industry. Sales of showcases using natural refrigerants for convenience stores also remained solid, resulting in sales of ¥11.426 billion, up 37.5% year on year. In small panel refrigeration equipment sales, sales declined sharply in the previous quarter due to order restrictions caused by a shortage of foaming agents, but sales to supermarket and hotel backrooms recovered this year as the company was able to meet a certain level of demand across industries. Sales were therefore ¥2.048 billion, up 87.3% year on year.」

    Sales of refrigerated and frozen showcases and small panel refrigeration equipment recovered from the order restrictions caused by the previous year's shortage of foaming agents, supporting expanded sales to supermarkets, drugstores, hotels and other customers.
  10. FY2023-Q3Changes by product groupAnnual report

    「In refrigerated and frozen equipment sales, delays in deliveries from the Okayama Factory that occurred in July were resolved, and the company received many orders as demand from the foodservice industry recovered. Sales of general-purpose refrigerated and frozen equipment to restaurants and accommodation facilities increased. In addition, demand for in-store food processing and takeout continued, increasing sales of value-added products such as blast chillers and refrigerated and frozen lockers. Sales were therefore ¥19.058 billion, up 19.9% year on year. In medical and scientific product sales, demand for pharmaceutical refrigerators for COVID-19 vaccines at hospitals and clinics increased due to the impact of guidance from the Ministry of Health, Labour and Welfare. However, sales were ¥980 million, down 45.6% year on year, due to the decline in COVID-related demand seen in the previous fiscal year and lower regenerative medicine-related sales. In refrigerated and frozen showcase sales, supermarkets and other stores showed a tendency to restrain capital investment due to higher utility and other costs, but sales of showcases using natural refrigerants for convenience stores remained solid, resulting in sales of ¥28.083 billion, up 0.7% year on year. In large food-processing machinery sales, capital investment by major food manufacturers, mainly in frozen foods and frozen boxed meals, continued for tunnel freezers, line systems and conveyors. Sales remained solid as there were more large-scale projects than previously, resulting in sales of ¥5.374 billion, up 22.1% year on year. In large panel refrigeration equipment sales, capital investment in food factories and process centers, mainly for supermarkets and convenience-store vendors, remained active, resulting in sales of ¥9.345 billion, up 5.0% year on year. In small panel refrigeration equipment sales, sales recovered, particularly to supermarkets and small food factories, resulting in sales of ¥5.266 billion, up 9.6% year on year. In services, sales of maintenance and maintenance contracts for supermarkets, convenience stores and drugstores increased. Maintenance sales also increased as foodservice-industry demand continued to recover, resulting in sales of ¥8.402 billion, up 3.9% year on year.」

    Refrigerated and frozen equipment, services, small panels and large food-processing machinery generated higher sales, driven by the resolution of delivery delays for products from the Okayama Factory and the recovery in foodservice demand. Medical and scientific product sales declined 45.6% due to the subsiding of infection-related demand and other factors.
  11. FY2023-Q2Changes by product groupAnnual report

    「In refrigerated and frozen equipment sales, demand for in-store food processing and takeout continued, increasing sales of value-added products such as blast chillers and refrigerated and frozen lockers. Sales of general-purpose refrigerated and frozen equipment also increased as sales to restaurants and accommodation facilities grew, resulting in sales of ¥12.463 billion, up 16.3% year on year. In medical and scientific product sales, sales to hospitals and clinics declined as the COVID-related demand seen in the previous fiscal year subsided, while regenerative medicine-related sales also declined, resulting in sales of ¥651 million, down 53.3% year on year. In refrigerated and frozen showcase sales, sales of showcases using natural refrigerants for convenience stores remained solid, but drugstore sales declined, resulting in sales of ¥17.096 billion, down 2.7% year on year. In large food-processing machinery sales, capital investment by major food manufacturers, particularly in tunnel freezers, continued, and sales remained solid. Sales of line systems and conveyors that automate and reduce labor requirements in production, logistics and conveying lines at food-processing factories also increased as large projects, including frozen boxed meals and noodle production lines, grew, resulting in sales of ¥3.241 billion, up 4.4% year on year. In large panel refrigeration equipment sales, capital investment in logistics hubs and process centers, supported by the expansion of e-commerce and food factories, remained active, resulting in sales of ¥6.313 billion, up 18.5% year on year. In small panel refrigeration equipment sales, sales declined due in part to lower sales to supermarkets, resulting in sales of ¥2.896 billion, down 8.2% year on year. In services, tunnel freezer maintenance sales declined, but sales of maintenance and maintenance contracts for supermarkets, convenience stores and drugstores increased, and demand for commercial refrigerated and frozen equipment maintenance continued to recover, resulting in sales of ¥5.805 billion, up 0.8% year on year.」

    Refrigerated and frozen equipment, large food-processing machinery, large panel refrigeration equipment and services generated higher sales, while medical and scientific products, refrigerated and frozen showcases and small panel refrigeration equipment generated lower sales, resulting in continued mixed performance by product group.
  12. FY2023-Q1Changes by product groupAnnual report

    「In refrigerated and frozen equipment sales, demand for in-store food processing and takeout continued, increasing sales of value-added products such as blast chillers and refrigerated and frozen lockers. Sales of general-purpose refrigerated and frozen equipment also remained solid, driven by continued sales to fast-food operators, resulting in sales of ¥5.726 billion, up 10.5% year on year. In medical and scientific product sales, sales to hospitals and clinics declined as the COVID-related demand seen in the previous fiscal year subsided, while sales also declined due to fewer regenerative medicine-related projects, resulting in sales of ¥280 million, down 60.6% year on year. In refrigerated and frozen showcase sales, sales of showcases using natural refrigerants for convenience stores remained solid, but drugstore sales declined, and order restrictions caused by shortages of production components at the end of the previous fiscal year also affected sales. Sales were therefore ¥8.312 billion, down 9.1% year on year. In large food-processing machinery sales, capital investment by major food manufacturers, particularly in tunnel freezers, continued and sales increased. Sales of line systems and conveyors that automate and reduce labor requirements in production, logistics and conveying lines at food-processing factories also increased as large projects, including frozen boxed meals and noodle production lines, grew. Sales were therefore ¥1.937 billion, up 32.6% year on year. In large panel refrigeration equipment sales, capital investment in facilities for food factories and logistics hubs, supported by the expansion of e-commerce, remained active, resulting in sales of ¥3.086 billion, up 62.2% year on year. In small panel refrigeration equipment sales, orders associated with supermarket renovations declined, and order restrictions caused by shortages of production components at the end of the previous fiscal year also affected sales, resulting in sales of ¥1.093 billion, down 23.9% year on year. In services, sales of maintenance and maintenance contracts for supermarkets, convenience stores and drugstores increased, while demand for maintenance of commercial refrigerated and frozen equipment was also recovering, resulting in sales of ¥2.633 billion, up 5.8% year on year.」

    Refrigerated and frozen equipment, large food-processing machinery, large panel refrigeration equipment and services generated higher sales, while medical and scientific products, showcases and small panel refrigeration equipment generated lower sales, resulting in mixed performance by sales category.
  13. FY2022AdvancedAnnual report

    「Refrigerated and frozen equipment sales were ¥21.28 billion, up 7.1% year on year. Medical and scientific product sales were ¥2.382 billion, up 17.5% year on year. Refrigerated and frozen showcase sales were ¥36.328 billion, up 16.2% year on year. Large food-processing machinery sales were ¥7.42 billion, up 54.5% year on year. Large panel refrigeration equipment sales were ¥12.311 billion, up 23.9% year on year. Small panel refrigeration equipment sales were ¥6.177 billion, up 10.7% year on year. Services sales were ¥10.172 billion, up 13.3% year on year.」

    Sales increased year on year across all categories: refrigerated and frozen equipment, medical and scientific products, showcases, large food-processing machinery, large and small panels, and services.
  14. FY2022-Q3AdvancedAnnual report

    「In refrigerated and frozen equipment sales, sales of blast chillers, dough conditioners and cold lockers increased as demand for in-store food processing and takeout continued. Sales to fast-food operators and others also remained solid, resulting in sales of ¥15.899 billion, up 12.1% year on year. In medical and scientific product sales, sales of versatile products such as medical freezers and pharmaceutical refrigerators to hospitals and clinics were strong, and sales to research facilities such as regenerative medicine facilities remained solid, resulting in sales of ¥1.802 billion, up 38.0% year on year. In refrigerated and frozen showcase sales, sales remained solid, centered on store renovation demand at supermarkets and drugstores, as in the second half of the previous fiscal year. Convenience-store renovation projects also increased, resulting in sales of ¥27.88 billion, up 24.4% year on year. In large food-processing machinery sales, food manufacturers' and others' appetite for capital investment recovered, and tunnel freezer sales increased as demand for frozen foods and chilled boxed meals grew, resulting in sales of ¥4.402 billion, up 41.2% year on year. In large panel refrigeration equipment sales, sales of large projects, mainly for temperature-controlled logistics warehouses and food factories, remained solid. In addition, revenue from ongoing projects such as temperature-controlled logistics warehouses was recognized following application of the revenue recognition accounting standard and related standards, resulting in sales of ¥8.896 billion, up 26.7% year on year. In small panel refrigeration equipment sales, orders associated with supermarket renovation demand continued to increase, resulting in sales of ¥4.806 billion, up 25.1% year on year. In services, maintenance sales to supermarkets and drugstores remained solid. Maintenance sales to restaurants and revenue from maintenance contracts also increased, resulting in sales of ¥8.086 billion, up 22.5% year on year.」

    Sales increased year on year across all categories: refrigerated and frozen equipment, medical and scientific products, showcases, large food-processing machinery, large and small panel refrigeration equipment, and services. Sales expansion progressed across multiple customer and product categories.
  15. FY2022-Q2AdvancedAnnual report

    「In refrigerated and frozen equipment sales, sales of blast chillers and dough conditioners increased as takeout and other demand grew due to the spread of COVID-19. Sales to fast-food operators and others also remained solid, resulting in sales of ¥10.714 billion, up 17.5% year on year. In medical and scientific product sales, sales of medical freezers and pharmaceutical refrigerators to hospitals and clinics were strong on COVID-related demand, while sales to research facilities such as regenerative medicine facilities also remained solid, resulting in sales of ¥1.396 billion, up 44.2% year on year. In refrigerated and frozen showcase sales, supermarket renovation demand continued to support solid sales from the second half of the previous fiscal year. Drugstore suburban-store openings also remained strong, and convenience-store renovation projects increased, resulting in sales of ¥17.571 billion, up 38.6% year on year. In large food-processing machinery sales, tunnel freezer sales increased as food manufacturers' and others' appetite for capital investment continued to recover and demand for frozen foods and chilled boxed meals increased. Revenue from ongoing projects for food factories and others was also recognized following application of the revenue recognition accounting standard and related standards, resulting in sales of ¥3.105 billion, up 22.9% year on year. In large panel refrigeration equipment sales, inquiries and orders related to logistics warehouses and other facilities remained plentiful, but sales were ¥5.326 billion, down 3.7% year on year, due in part to the concentration of construction of large projects in the second half and lower process-center sales. In small panel refrigeration equipment sales, orders associated with supermarket renovation demand continued to increase, resulting in sales of ¥3.155 billion, up 30.3% year on year. In services, maintenance sales to supermarkets and drugstores remained solid. Maintenance sales to restaurants also increased year on year, and tunnel freezer maintenance sales remained strong, resulting in sales of ¥5.757 billion, up 24.7% year on year.」

    Sales increased year on year in refrigerated and frozen equipment, medical and scientific products, showcases, large food-processing machinery, small panels and services, reflecting expanded sales across multiple product and customer categories. Large panel refrigeration equipment generated lower sales due in part to the concentration of construction timing.
  16. FY2022-Q1AdvancedAnnual report

    「In refrigerated and frozen equipment sales, sales of blast chillers and dough conditioners increased as takeout and other demand grew due to the spread of COVID-19. Sales to fast-food operators and others also remained solid, resulting in sales of ¥5.181 billion, up 24.1% year on year. In medical and scientific product sales, sales of medical freezers and pharmaceutical refrigerators to hospitals and clinics were strong on COVID-related demand, and sales to the medical market remained solid, resulting in sales of ¥710 million, up 213.3% year on year. In refrigerated and frozen showcase sales, demand for supermarket store renovations continued to increase from the second half of the previous fiscal year. Drugstore sales were also strong due to brisk openings of suburban stores, resulting in sales of ¥9.139 billion, up 47.1% year on year. In large food-processing machinery sales, tunnel freezer sales increased as food manufacturers' and others' appetite for capital investment recovered and demand for frozen foods increased. Sales of line systems and conveyors that automate and reduce labor requirements in production, logistics and conveying lines at food-processing factories remained around the previous year's level due in part to delayed large projects. In addition, sales from ongoing projects for food factories and others were recognized following the application of the revenue recognition accounting standard and related standards, resulting in sales of ¥1.461 billion, up 133.5% year on year. In large panel refrigeration equipment sales, sales to temperature-controlled logistics warehouses and other customers declined, but sales from ongoing projects for food factories and others were recognized following application of the revenue recognition accounting standard and related standards. Sales were therefore ¥1.902 billion, up 8.3% year on year. In small panel refrigeration equipment sales, orders for panel refrigeration equipment increased as demand for supermarket store renovations grew, resulting in sales of ¥1.437 billion, up 50.9% year on year. In services, maintenance sales to supermarkets and drugstores remained solid. Maintenance sales for tunnel freezers and to restaurants also increased, resulting in sales of ¥2.489 billion, up 19.3% year on year.」

    Sales increased year on year in all categories: refrigerated and frozen equipment, medical and scientific products, showcases, large food-processing machinery, large and small panels, and services. Sales expansion progressed across multiple customer and product categories. Large food-processing machinery and large panel sales included recognition of revenue from ongoing projects following application of the revenue recognition accounting standard and related standards.
  17. FY2021Changes by sales categoryAnnual report

    「In refrigerated and frozen showcase sales, sales struggled in the first half due in part to the limited number of supermarket and convenience-store openings, but remained solid in the second half as demand for renovations increased at well-performing supermarkets and other stores, in addition to projects postponed from the first half. Sales were therefore ¥31.254 billion, up 1.7% year on year.」

    Although new store openings were limited, showcase sales increased 1.7% year on year by capturing demand from postponed projects and supermarket renovations.
  18. FY2021-Q3Changes in sales classifications and performance by categoryAnnual report

    「Beginning with the cumulative consolidated period through the third quarter, sales have been presented under revised classifications. Sales of products for the medical and scientific industries, previously included in refrigerated and frozen equipment sales, are now presented separately as medical and scientific product sales. The year-on-year comparisons below have been reclassified to conform to the revised classifications. In refrigerated and frozen equipment sales, thawing cabinet sales remained solid, as in the previous year, but demand for new openings and replacements in the foodservice industry remained weak due to COVID-19, and sales of commercial refrigerated and frozen equipment and ice makers declined. Sales were therefore ¥14.185 billion, down 17.8% year on year. In medical and scientific product sales, sales of products for research facilities such as regenerative medicine facilities, as well as medical freezers and pharmaceutical refrigerators for hospitals, clinics and dispensing pharmacies driven by COVID-related demand, increased, resulting in sales of ¥1.306 billion, up 40.3% year on year. In refrigerated and frozen showcase sales, renovation projects at food supermarkets and other stores that had been postponed from spring into the second half remained solid, but new supermarket and convenience-store openings were lower than in the previous year, and overseas showcase sales declined. Sales were therefore ¥22.414 billion, down 3.7% year on year. In large food-processing machinery sales, inquiries for tunnel freezers remained plentiful, but sales declined due to postponed plans and delayed contract awards caused by COVID-19. Meanwhile, sales of line systems and conveyors that automate and reduce labor requirements in production, logistics and conveying lines at food-processing factories increased year on year, mainly among food manufacturers. As a result, sales were ¥3.117 billion, down 25.4% year on year. In large panel refrigeration equipment sales, sales to supermarket process centers declined year on year, but sales to food factories and central kitchens remained solid, resulting in sales of ¥7.02 billion, up 3.8% year on year. In small panel refrigeration equipment sales, sales increased after the start of the second half as supermarket renovation projects increased, but sales of prefabricated refrigeration equipment for commercial kitchens at restaurants and hotels continued to decline. Sales were therefore ¥3.843 billion, down 11.1% year on year. In services, maintenance sales to supermarkets and other customers increased, but maintenance sales to restaurants affected by COVID-19 and for tunnel freezers declined. Sales were slightly lower than in the previous year, which benefited from rush demand ahead of the consumption tax increase, resulting in sales of ¥6.602 billion, down 0.5% year on year.」

    Sales classifications were revised, with medical and scientific product sales presented separately. Medical and scientific product sales increased 40.3% year on year, while several categories, including refrigerated and frozen equipment, showcases, large food-processing machinery, small panels and services, generated lower sales, resulting in continued mixed performance by sales category.
  19. FY2021-Q2Changes by sales categoryAnnual report

    「In refrigerated and frozen equipment sales, sales to the distribution industry, including supermarkets, and medical products for research facilities such as regenerative medicine facilities increased. However, although the foodservice industry had recovered slightly from around May, when the impact of COVID-19 was greatest, demand for new openings and replacements remained weak, and sales of commercial refrigerated and frozen equipment and ice makers declined. As a result, sales were ¥10.09 billion, down 20.6% year on year.」

    Sales to the distribution industry and medical product sales increased, while demand for new openings and replacements in the foodservice industry remained weak, resulting in a 20.6% year-on-year decline in refrigerated and frozen equipment sales, including commercial refrigerated and frozen equipment and ice makers.
  20. FY2021-Q1Lower sales across most categories due to the COVID-19 pandemicAnnual report

    「In refrigerated and frozen showcase sales, sales of the FE Clean Water Generator, which produces electrolyzed hypochlorous water, remained strong. However, sales were ¥6.214 billion, down 23.3% year on year, due in part to the limited number of new supermarket openings, delays in renovation plans at food supermarkets and other stores that were required to remain open during the COVID-19 pandemic, and lower overseas showcase sales. In large food-processing machinery sales, demand remained among food manufacturers and others, but the spread of COVID-19 resulted in many delayed deliveries and postponed plans, resulting in sales of ¥625 million, down 35.8% year on year. In large panel refrigeration equipment sales, sales to food-processing factories remained strong, but sales to supermarket process centers declined, resulting in sales of ¥1.756 billion, down 18.6% year on year. In small panel refrigeration equipment sales, orders for panel refrigeration equipment for commercial kitchens and supermarkets declined, resulting in sales of ¥952 million, down 27.6% year on year. In services, maintenance sales to supermarkets and other customers increased, but maintenance sales to restaurants and for tunnel freezers declined, resulting in sales of ¥2.086 billion, down 1.7% year on year.」

    Lower sales occurred across many categories, including delays in new supermarket openings and renovations, lower overseas showcase sales, delayed deliveries of food-processing machinery, lower orders for process centers and commercial kitchens, and lower service sales to restaurants and other customers. Meanwhile, sales of the FE Clean Water Generator, sales to food-processing factories and supermarket maintenance sales remained strong.
  21. FY2020Changes by sales categoryAnnual report

    「Refrigerated and frozen equipment sales were ¥24.24 billion, up 4.0% year on year. Refrigerated and frozen showcase sales were ¥30.729 billion, up 2.8% year on year. Large food-processing machinery sales were ¥7.261 billion, down 9.8% year on year. Large panel refrigeration equipment sales were ¥10.646 billion, down 7.7% year on year. Small panel refrigeration equipment sales were ¥5.523 billion, down 2.4% year on year.」

    Refrigerated and frozen equipment, showcases and services generated higher sales, while large food-processing machinery, large panels and small panels generated lower sales, resulting in mixed performance by sales category.
  22. FY2020-Q3Changes by sales categoryAnnual report

    「In refrigerated and frozen showcase sales, sales of renovation projects at convenience stores and sales to drugstores declined, but overseas showcase sales remained solid, resulting in sales of ¥23.279 billion, up 2.5% year on year. In large food-processing machinery sales, deliveries of tunnel freezers were concentrated in the fourth quarter, resulting in sales of ¥4.178 billion, down 32.2% year on year. In large panel refrigeration equipment sales, sales to distribution-related facilities such as process centers remained solid, but sales fell short of the previous year's sharply higher level due in part to lower sales to temperature-controlled logistics warehouses and food factories, resulting in sales of ¥6.765 billion, down 23.4% year on year. In small panel refrigeration equipment sales, orders for panel refrigeration equipment for convenience-store backrooms and other areas declined, but sales to commercial kitchens remained solid, resulting in sales of ¥4.324 billion, up 2.9% year on year.」

    Overseas showcase sales and small panel refrigeration equipment sales to commercial kitchens increased, while convenience-store renovations, drugstores, large food-processing machinery and large panel refrigeration equipment saw declines or concentrated delivery timing, resulting in continued mixed performance by sales category.
  23. FY2020-Q2Changes by sales categoryAnnual report

    「In refrigerated and frozen equipment sales, sales of ice makers, whose lineup was further expanded through a model change for large units, blast chillers that rapidly cool food after heating, and thawing cabinets that hygienically thaw food while suppressing quality deterioration over a set period remained strong. Sales to restaurants also increased, driven by inbound demand and rush demand ahead of the consumption tax increase. In addition, sales of low-temperature incubators and pharmaceutical refrigerators increased, resulting in sales of ¥12.698 billion, up 7.4% year on year. In refrigerated and frozen showcase sales, convenience-store renovation projects declined and sales growth to drugstores slowed, but investment in new store openings and renovations by food supermarkets remained firm. In addition, overseas showcase sales increased, resulting in sales of ¥15.337 billion, up 9.2% year on year. In large food-processing machinery sales, inquiries for tunnel freezer replacements and new installations, mainly from food manufacturers, remained plentiful, but sales were ¥2.224 billion, down 46.9% year on year, as deliveries were concentrated in the third quarter and beyond. In large panel refrigeration equipment sales, sales to distribution-related facilities such as process centers remained solid, but sales fell short of the previous year's sharply higher level due in part to lower sales to temperature-controlled logistics warehouses, resulting in sales of ¥5.265 billion, down 3.6% year on year. In small panel refrigeration equipment sales, orders for panel refrigeration equipment for convenience-store backrooms and other areas declined, but sales to supermarkets and commercial kitchens remained solid, resulting in sales of ¥2.744 billion, up 2.9% year on year.」

    Refrigerated and frozen equipment, showcases and small panel refrigeration equipment generated higher sales, while large food-processing machinery declined 46.9% year on year due to the concentration of delivery timing, and large panel refrigeration equipment also declined 3.6%, resulting in continued mixed performance by sales category.
  24. FY2020-Q1Changes by sales categoryAnnual report

    「In refrigerated and frozen showcase sales, renovation projects at convenience stores declined and sales to drugstores slowed, but investment in new store openings and renovations by food supermarkets remained firm, resulting in sales of ¥8.09 billion, up 6.9% year on year. In large food-processing machinery sales, inquiries for tunnel freezer replacements and new installations, mainly from food manufacturers, remained strong, but sales were ¥974 million, down 33.8% year on year, as deliveries were concentrated in the third quarter and beyond. In large panel refrigeration equipment sales, sales to food factories and supermarket process centers remained solid, but fell slightly short of the previous year's sharply higher sales, resulting in sales of ¥2.158 billion, down 0.5% year on year. In small panel refrigeration equipment sales, orders for panel refrigeration equipment for convenience-store backrooms and other areas declined, but sales to supermarkets and commercial kitchens remained solid, resulting in sales of ¥1.314 billion, up 1.2% year on year.」

    Showcase sales to food supermarkets and small panel refrigeration equipment sales increased, while convenience-store renovations, drugstore sales, large food-processing machinery and large panel refrigeration equipment saw deceleration or lower sales, resulting in mixed performance by sales category.
  25. FY2019-Q3AdvancedAnnual report

    「In refrigerated and frozen showcase sales, new store openings by drugstores, which have strengthened their food retail operations, remained strong. However, due in part to the completion of renovations following convenience-store consolidation, sales declined 0.5% year on year. In large food-processing machinery sales, demand from food manufacturers, mainly for tunnel freezer replacements and new installations, continued, and sales increased 5.9% year on year. In large panel refrigeration equipment sales, large projects for food factories and temperature-controlled logistics centers continued to perform well against a backdrop of labor shortages and rising labor costs, and sales increased 11.1% year on year. In small panel refrigeration equipment sales, orders for panel refrigeration equipment for convenience-store backrooms and other areas declined, resulting in a 7.7% year-on-year decrease in sales.」

    Demand and sales continued to grow in drugstore store openings, large food-processing machinery and large panel refrigeration equipment, while showcase sales and small panel refrigeration equipment sales declined.
  26. FY2019-Q2AdvancedAnnual report

    「In sales of refrigerated and frozen showcases, although new supermarket openings declined and renovation demand resulting from convenience-store consolidation ended, revenue increased 2.6% year on year as new drugstore openings remained strong.」

    Despite fewer new supermarket openings and the end of renovation demand resulting from convenience-store consolidation, new drugstore openings were captured, resulting in a 2.6% year-on-year increase in refrigerated and frozen showcase sales.
  27. FY2019-Q1AdvancedAnnual report

    「In sales of refrigerated and frozen showcases, new supermarket openings declined due to higher construction costs and market saturation in some areas, and renovation investment resulting from convenience-store consolidation had nearly ended. However, new drugstore openings remained strong, particularly among drugstores strengthening food sales, resulting in a 7.1% year-on-year increase in revenue.」

    Despite fewer new supermarket openings and the end of renovation investment resulting from convenience-store consolidation, the Group captured new drugstore openings, resulting in a 7.1% year-on-year increase in refrigerated and frozen showcase sales.
  28. FY2018AdvancedAnnual report

    「In sales of refrigerated and frozen showcases, although new store openings by supermarkets and convenience stores were restrained, renovation investment resulting from convenience-store consolidation and new openings by drugstores strengthening food sales increased. In addition, the new high-freshness showcase “Send-You Fresh,” which delivers greater energy savings and suppresses temperature rises during store operations through a newly developed twin cooler and proprietary new cooling control, was introduced. As installation projects under ESCO proposals for food supermarkets increased, revenue from refrigerated and frozen showcase sales rose 4.6% year on year.」

    Even amid restrained new store openings, showcase sales increased 4.6% year on year through convenience-store consolidation-related renovations, drugstore openings, Send-You Fresh and ESCO proposals for food supermarkets.
  29. FY2018-Q3AdvancedAnnual report

    「In sales of refrigerated and frozen equipment, sales of general-purpose commercial refrigerators and freezers increased as restaurant sales rose on inbound demand. Sales of ice makers also increased as half-cube ice was added to the lineup, while sales of large blast chillers for rapidly cooling food for mass meal preparation increased among school-meal centers, central kitchens and food factories. As a result, revenue from refrigerated and frozen equipment sales increased 9.8% year on year. In sales of refrigerated and frozen showcases, although new store openings by supermarkets and convenience stores were restrained, renovation investment from convenience-store consolidation and new openings by drugstores strengthening food sales increased. In addition, the new high-freshness showcase “Send-You Fresh,” which delivers greater energy savings and prevents temperature rises during store operations through a newly developed twin cooler and proprietary new cooling control, was introduced. As installation projects under ESCO proposals for food supermarkets increased, revenue from refrigerated and frozen showcase sales rose 3.9% year on year. In sales of large panel refrigeration facilities, revenue increased 12.1% year on year as large-scale projects for supermarket process centers, food factories and low-temperature logistics centers increased. In sales of small panel refrigeration facilities, revenue increased 17.9% year on year as sales of small prefabricated refrigerators for convenience stores and kitchens increased.」

    Sales increased across multiple areas, with year-on-year growth of 9.8%, 3.9%, 12.1% and 17.9% in refrigerated and frozen equipment, showcases, large panel refrigeration facilities and small panel refrigeration facilities, respectively.
  30. FY2018-Q2AdvancedAnnual report

    「In sales of refrigerated and frozen showcases, revenue increased 2.7% year on year as renovation projects resulting from convenience-store consolidation and new drugstore openings increased despite restrained new store openings by supermarkets and convenience stores. In sales of large food-processing machinery, tunnel freezer sales remained solid as large food-factory projects increased, sales of tunnel freezers using natural refrigerants grew, and demand for capital investment in the consolidation and automation of food factories increased, resulting in a 61.7% year-on-year increase in revenue. In sales of small panel refrigeration facilities, revenue increased 34.7% year on year as sales of small prefabricated refrigerators for convenience stores and kitchens increased.」

    Despite restrained new store openings by supermarkets and convenience stores, sales grew across multiple areas, including convenience-store renovations resulting from consolidation, drugstore openings, large food-factory projects and small prefabricated refrigerators.
  31. FY2018-Q1AdvancedAnnual report

    「In sales of refrigerated and frozen equipment, sales of general-purpose commercial refrigerators and freezers increased as product development for specific users was strengthened. Sales of ice makers also increased as half-cube ice was newly added and the lineup was expanded. In addition, sales of small dough conditioners increased as the installation of small-scale bakery systems at restaurants expanded. As a result, revenue from refrigerated and frozen equipment sales increased 10.6% year on year. In sales of refrigerated and frozen showcases, although the market stagnated due to the declining birthrate and aging population and new store openings by supermarkets and convenience stores were restrained, revenue increased 0.6% year on year as renovation investment by supermarkets and drugstores increased. In sales of large food-processing machinery, tunnel freezer sales remained solid as demand for capital investment in the consolidation, integration, efficiency improvements and automation of food factories increased, resulting in a 45.2% year-on-year increase in revenue. In sales of small panel refrigeration facilities, revenue increased 14.2% year on year as sales of small prefabricated refrigerators for convenience stores and kitchens increased.」

    The Group expanded its lineup and proposal scope to include products for specific users, ice makers and bakery systems, recording sales growth across multiple fields including refrigerated and frozen equipment, tunnel freezers and small panel refrigeration facilities. Meanwhile, the showcase market grew slightly on renovation investment despite the impact of restrained new store openings.
  32. FY2017AdvancedAnnual report

    「In sales of refrigerated and frozen equipment, sales of general-purpose commercial refrigerators and freezers increased as the Group focused on strengthening proposals to users and developing products suited to customer needs.」

    Refrigerated and frozen equipment sales increased 4.3% year on year through stronger proposals and product development tailored to customer needs. Showcase sales also increased through convenience-store renovation projects and sales to major drugstore chains.
  33. FY2017-Q3AdvancedAnnual report

    「In sales of refrigerated and frozen showcases, sales to convenience stores increased as renovation projects rose amid industry consolidation, despite restrained store openings by small food supermarkets. Drugstore sales also increased, mainly among major chains with strong store-opening plans. As a result, revenue from refrigerated and frozen showcase sales increased 8.8% year on year.」

    Although sales to small food supermarkets were weak, sales from convenience-store renovation projects and to major drugstore chains grew, resulting in an 8.8% year-on-year increase in total refrigerated and frozen showcase sales.
  34. FY2017-Q2AdvancedAnnual report

    「In sales of refrigerated and frozen showcases, sales to food supermarkets declined, but sales of showcases for convenience stores increased as renovation projects rose amid industry consolidation. Sales to drugstores also increased, mainly among major chains with strong store-opening plans. In addition, 6 models were added to the ME-2 series of built-in refrigerated showcases with inverter control, increasing sales to convenience stores and drugstores. As a result, revenue from refrigerated and frozen showcase sales increased 8.9% year on year.」

    Sales increased through convenience-store renovation projects and to major drugstore chains, and 6 models were added to the ME-2 series.
  35. FY2017-Q1AdvancedAnnual report

    「In sales of refrigerated and frozen showcases, sales to convenience stores increased as renovation projects rose amid industry consolidation. Sales also increased due to solid new orders from community-based food supermarkets and strong store-opening activity among major drugstore chains.」

    Orders and sales increased among convenience stores, food supermarkets and drugstores, indicating progress in expanding sales across multiple business formats.
  36. FY2016First statedAnnual report

    「We will promote sales to convenience stores, drugstores and small food supermarkets, and strengthen our ability to offer total store solutions in addition to product development.」

    Plans to develop customers by business format and strengthen its ability to make proposals for entire stores by leveraging its nationwide sales network and service and installation capabilities.
Moved together

"Promoting servitization and an integrated CS/SB structure" moved the same way as this thread, in the same document, in 21 of its 36 moves.

211817171513★123456
  1. ★This thread
  2. 1Promoting servitization and an integrated CS/SB structure21×
  3. 2Expanding the freezer and refrigerator business to support food services for an aging society18×
  4. 3Strengthening the Engineering Business and Expanding Synergies with Adjacent Businesses17×
  5. 4Expanding production capacity at domestic and overseas factories and responding to increased demand17×
  6. 5Growth in sales, operating profit and profit attributable to owners of the parent15×
  7. 6Product development with consideration for the environment, safety and peace of mind, and improved energy efficiency13×

★ 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
Galilei Holdings's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Results of 2026-08-06: "Other".
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