Record-High Order Backlog and Demand Recovery
First written in FY2021. 4 of 21 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 16 of 94 companies on the "Worse" side.
45 other companies' latest entry also says "Other".
- FY2027-H1Increase in order backlog and planned discontinuation of order disclosureAnnual report
「At the end of the current interim consolidated accounting period, the order backlog had increased by ¥13.599 billion from the end of the previous consolidated fiscal year to ¥57.167 billion. The company had disclosed order intake and order backlog quarterly, recognizing them as useful reference information for forecasting fluctuations in group sales. However, the company concluded that their usefulness as reference information had declined because quarterly fluctuations had become very large, depending on the characteristics of customers' orders and their circumstances. Accordingly, disclosure of order intake and order backlog will continue only through the fiscal year ending February 2027.」
The order backlog increased by ¥13.599 billion from the end of the previous consolidated fiscal year to ¥57.167 billion. The company indicated that it plans to discontinue disclosure of order intake and order backlog after the fiscal year ending February 2027, as their large quarterly fluctuations have reduced their usefulness as reference information. - FY2026Significant decline in order backlogAnnual report
「As a result, the order backlog at the end of the consolidated fiscal year decreased by ¥34.849 billion from the end of the previous consolidated fiscal year to ¥43.568 billion.」
The order backlog fell sharply from ¥7,841.7 million at the end of the previous fiscal year to ¥4,356.8 million. Orders received increased 17.0%, indicating further normalization of the backlog. - FY2026-H1Order backlog normalizes to an appropriate levelAnnual report
「The order backlog at the end of the interim consolidated accounting period decreased by ¥15.520 billion from the end of the previous consolidated fiscal year to ¥62.897 billion, equivalent to 3.4 months of monthly sales, which the group considers an appropriate level.」
The order backlog decreased by ¥15.520 billion from ¥78.417 billion at the end of the previous consolidated fiscal year to ¥62.897 billion. The company explains that the backlog has reached the level it considers appropriate, equivalent to 3.4 months of monthly sales. - FY2025Significant decline in order backlogAnnual report
「The order backlog at the end of the consolidated fiscal year decreased by ¥50.479 billion from the end of the previous consolidated fiscal year to ¥78.417 billion.」
The order backlog declined significantly from ¥128.897 billion at the end of the previous fiscal year to ¥78.417 billion. Orders received totaled ¥162.750 billion, driven by increased orders from dealers of the U.S. sales subsidiary. - FY2025-H1Order backlog declines againAnnual report
「The order backlog at the end of the interim consolidated accounting period decreased by ¥12.295 billion from the end of the previous consolidated fiscal year to ¥116.602 billion.」
The order backlog, which had increased in the previous quarter, decreased by ¥12.295 billion from the end of the previous consolidated fiscal year to ¥116.602 billion. Orders received increased 11.5% year on year due to the delayed timing of orders from a major U.S. rental company. - FY2025-Q1Order backlog rises againAnnual report
「In terms of orders, the timing of orders traditionally received from a major U.S. rental company shifted into the current period. As a result, orders received during the cumulative first-quarter period totaled ¥61.519 billion, up 29.2% year on year, while the order backlog at the end of the first quarter of the consolidated fiscal year increased by ¥6.345 billion from the end of the previous consolidated fiscal year to ¥135.242 billion.」
The order backlog, which had declined through the previous fiscal year, increased by ¥6.345 billion from the end of the previous consolidated fiscal year to ¥135.242 billion due to the delayed timing of orders from a major U.S. rental company. - FY2024Order backlog continues to declineAnnual report
「The order backlog at the end of the consolidated fiscal year decreased by ¥61.850 billion from the end of the previous consolidated fiscal year to ¥128.897 billion.」
The order backlog decreased by ¥61.850 billion from the end of the previous fiscal year to ¥128.897 billion. While normalization continued through adjustments to orders received and placed, the company also cites the deferral to the following fiscal year of the timing of orders from a major U.S. rental company. - FY2024-Q3Order backlog continues to declineAnnual report
「Orders received during the cumulative third-quarter period totaled ¥125.522 billion, down 29.4% year on year, while the order backlog at the end of the third quarter of the consolidated fiscal year decreased by ¥33.309 billion from the end of the previous consolidated fiscal year to ¥157.437 billion. Although orders received declined substantially year on year, this was because customers and the group continued to adjust orders received and placed in order to normalize the accumulated order backlog.」
The order backlog decreased by ¥33.309 billion from the end of the previous consolidated fiscal year to ¥157.437 billion, with adjustments to orders received and placed continuing toward normalization. - FY2024-Q2Adjusting orders received and placed to normalize the order backlogAnnual report
「Orders received during the cumulative second-quarter period totaled ¥87.309 billion, down 33.3% year on year, while the order backlog at the end of the second quarter of the consolidated fiscal year decreased by ¥17.866 billion from the end of the previous consolidated fiscal year to ¥172.880 billion. Although orders received declined substantially year on year, this was because customers and the group continued to adjust orders received and placed in order to normalize the accumulated order backlog.」
The order backlog decreased by ¥17.866 billion from the end of the previous consolidated fiscal year to ¥172.880 billion, with adjustments to orders received and placed explicitly cited as a means of normalizing the high backlog, following the previous quarter. - FY2024-Q1Order backlog declines from a high levelAnnual report
「Although product demand remained strong, orders received during the cumulative first-quarter period totaled ¥47.623 billion, down 28.5% year on year, due to the accumulated order backlog. The order backlog at the end of the first quarter of the consolidated fiscal year decreased by ¥5.415 billion from the end of the previous consolidated fiscal year to ¥185.332 billion.」
Although product demand remained strong, the order backlog decreased by ¥5.415 billion from the end of the previous consolidated fiscal year to ¥185.332 billion. The company appears to be in a phase of working through its high order backlog. - FY2023AdvancedAnnual report
「Orders received during the consolidated fiscal year totaled ¥235.864 billion, up 2.6% from the previous consolidated fiscal year. … The order backlog at the end of the consolidated fiscal year was ¥190.747 billion, up 42.5% year on year.」
The order backlog increased from ¥133.849 billion at the end of the previous fiscal year to ¥190.747 billion, with orders exceeding current production capacity throughout the fiscal year. - FY2023-Q3AdvancedAnnual report
「The order backlog at the end of the third quarter of the consolidated fiscal year was ¥178.804 billion, up 55.9% year on year.」
The order backlog increased 55.9% year on year to ¥178.804 billion, also rising from ¥133.849 billion at the end of the previous consolidated fiscal year. Although production volumes were below the year-earlier level due to delays in parts deliveries and logistics, orders continued to accumulate. - FY2023-Q2AdvancedAnnual report
「The order backlog at the end of the second quarter of the consolidated fiscal year was ¥178.649 billion, up 113.2% year on year.」
The order backlog increased from ¥133.849 billion at the end of the previous consolidated fiscal year to ¥178.649 billion, up 113.2% year on year. Although production volumes were below the year-earlier level due to delays in parts deliveries and logistics, the accumulation of orders continued. - FY2023-Q1RestatedAnnual report
「Even under these conditions, product demand remains strong in both Europe and the United States」
The company states that product demand in Europe and North America remained strong despite global logistics disruptions and higher prices. - FY2022AdvancedAnnual report
「The order backlog at the end of the consolidated fiscal year was ¥133.849 billion, up 198.2% year on year.」
The order backlog increased significantly from ¥44.879 billion at the end of the previous consolidated fiscal year to a level of orders exceeding current production capacity. - FY2022-Q3RestatedAnnual report
「Public works for essential infrastructure, such as water and gas pipelines, remained active in Europe and North America. In the United States in particular, housing-related construction, including new construction, renovations and additions, and landscaping, was active across the country, and demand for the company’s products remained strong.」
Strong product demand driven by essential infrastructure projects and U.S. housing-related construction continued through the cumulative third-quarter period. - FY2022-Q2RestatedAnnual report
「Demand for the company’s products remained strong.」
The recovery and strength in product demand indicated in the previous fiscal year and first quarter continued through the cumulative second-quarter period. - FY2022-Q1RestatedAnnual report
「Demand for the company’s products remained strong.」
The recovery in demand indicated in the previous fiscal year continued into the first quarter. No new figure for the order backlog was provided. - FY2021First statedAnnual report
「The order backlog at the end of the consolidated fiscal year was ¥44.879 billion, up 42.3% from the end of the previous consolidated fiscal year, a record high.」
Although production was increased in response to higher orders in the second half, the company also cites risks such as deteriorating profitability due to higher steel prices and ocean freight rates.