Ramp-Up of Aircraft Engine Components Production
First written in FY2017-Q1. 16 of 35 entries say "Restated". Latest entry: FY2027-H1.
1 other company's latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Amid these conditions, our group worked to meet demand for growing gas turbine components, aircraft engine components and defense equipment, while advancing initiatives to expand production capacity.」
The company stated that it had advanced initiatives to expand production capacity while responding to demand for aircraft engine components and defense equipment. Specific progress in expanding production for the aircraft engine components business was indicated. - FY2026-H1AdvancedAnnual report
「Amid these conditions, our group steadily advanced initiatives to expand production capacity for growing gas turbine components and defense equipment, while」
The company stated that production volumes of aircraft engine components had recovered and demand for defense equipment had also increased. It further stated that it was advancing initiatives to expand production capacity for gas turbine components and defense equipment. - FY2025-H1AdvancedAnnual report
「Electrical discharge machining and surface treatment saw production volumes of aerospace-related aircraft engine components increase slightly due to temporary supply restrictions.」
The company stated that production volumes of aircraft engine components increased slightly despite temporary supply restrictions, indicating progress from the previously reported increase in production volumes. - FY2025-Q1AdvancedAnnual report
「Electrical discharge machining and surface treatment saw production volumes of aerospace-related aircraft engine components increase as passenger demand recovered.」
For aircraft engine components, the disclosure moved from the previous references to recovering orders and higher sales to an increase in production volumes accompanying the recovery in passenger demand. - FY2024-Q3RestatedAnnual report
「The EDM and surface treatment business generated higher revenue year on year as orders recovered for aircraft engine components in the aerospace business and for centrifugal compressor components in the environmental and energy-related businesses.」
Although a recovery in orders and higher sales for aircraft engine components were stated, no new milestones marking completion of production ramp-up, such as certification取得 or the start of new mass production, were indicated. - FY2024-Q2RestatedAnnual report
「Electrical discharge machining and surface treatment posted higher sales year on year as orders recovered for aircraft engine components in the aerospace sector, industrial gas turbine components and centrifugal compressor-related components in the environmental and energy-related sectors. In terms of profit, profit increased on higher sales, as well as price pass-through and cost reductions.」
Although a recovery in orders and higher sales for aircraft engine components were stated, no new milestones marking completion of production ramp-up, such as certification取得 or the start of new mass production, were indicated. - FY2024-Q1RestatedAnnual report
「The EDM and surface treatment business generated higher revenue year on year as orders recovered for aircraft engine components in the aerospace business and for industrial gas turbine and centrifugal compressor components in the environmental and energy-related businesses.」
Although a recovery in orders for aircraft engine components was noted, no new completed production ramp-up milestones, such as certification取得 or the start of new mass production, were indicated. - FY2023Scheduled start of new mass-produced itemsAnnual report
「The company expects overall segment sales and profit to increase because it will begin mass production of new items for aircraft engine components in the aerospace sector and industrial gas turbine-related components in the environmental and energy-related sectors.」
The company indicated that mass production of new items for aircraft engine components and industrial gas turbine components was expected to begin in the fiscal year ending February 2024. The start of mass production was described as a future plan, not as having been completed during the period. - FY2023-Q3RestatedAnnual report
「Although some aircraft engine component items in the aerospace sector are showing a recovery in demand,」
While some aircraft engine component items are showing a recovery in demand, launch expenses for new items remain a factor behind higher costs and lower profit. No new milestones marking completion of production ramp-up were stated. - FY2023-Q2RestatedAnnual report
「In terms of profit, the company posted lower profit as costs increased due to lower sales, higher manufacturing expenses resulting from soaring raw material prices and other factors, and launch expenses for new industrial gas turbine and aircraft engine component items, resulting in higher cost of sales.」
The company continued to explain that launch expenses for new aircraft engine component items were a factor behind higher costs and lower profit. No completion milestones, such as the start of new mass production or certification取得, were indicated. - FY2023-Q1Higher costs due to expenses for launching new itemsAnnual report
「In terms of profit, the company posted lower profit as costs increased due to lower sales, higher manufacturing expenses resulting from soaring raw material prices and other factors, and launch expenses for new industrial gas turbine and aircraft engine component items, resulting in higher cost of sales.」
For the aircraft engine components business, expenses for launching new items continued to be incurred, becoming a factor behind higher costs and lower profit. No completion milestones, such as the start of new mass production or certification取得, were stated. - FY2022RestatedAnnual report
「Electrical discharge machining and surface treatment saw aerospace-related business, which had been heavily affected by COVID-19 in the previous fiscal year, gradually showing signs of recovery, in addition to」
Although signs of recovery in aerospace-related business were noted, no new production ramp-up milestones, such as the start of production, certification取得, or completion of full-scale production for aircraft engine components, were indicated. - FY2022-Q3RestatedAnnual report
「Electrical discharge machining and surface treatment posted higher sales than in the same period of the previous year, as aerospace-related business, which was heavily affected by COVID-19 in the previous fiscal year, began to show gradual signs of recovery, while sales of industrial gas turbine components for the environmental and energy-related sectors also increased.」
The company continued to state, as it had in the previous quarter, that aerospace-related business was gradually showing signs of recovery, but no new production ramp-up milestones were indicated. - FY2022-Q2Signs of recovery in the aerospace sectorAnnual report
「Electrical discharge machining and surface treatment posted higher sales than in the same period of the previous year, as aerospace-related business, which was heavily affected by COVID-19 in the previous fiscal year, began to show gradual signs of recovery, while sales of industrial gas turbine components for the environmental and energy-related sectors also increased.」
The company stated that aerospace-related business was gradually showing signs of recovery from the substantial impact recorded in the previous fiscal year. However, no new specific milestones, such as completion of production ramp-up for aircraft engine components, were indicated. - FY2022-Q1RestatedAnnual report
「The electrical discharge machining and surface treatment segment was affected by production cuts in the aviation and space-related businesses due to the spread of COVID-19, but revenue increased year on year as a result of higher sales of environmental and energy-related industrial gas turbine components. Profit also increased due to the benefits of higher revenue from industrial gas turbine components, cost reduction measures including a review of the production structure to accommodate reduced aviation and space-related production, and lower depreciation resulting from the recognition of an impairment loss in the previous fiscal year.」
Production cuts in the aviation and space-related businesses due to COVID-19 continued, but revenue and profit increased owing to higher revenue in the environmental and energy-related businesses and a review of the production structure. No new production ramp-up milestone for aircraft engine components is described. - FY2021-Q3Continued impact of reduced aviation and space-related production on profitAnnual report
「The electrical discharge machining and surface treatment segment made substantial production cuts and adjusted production due to a sharp decline in demand in the aviation and space-related businesses caused by the spread of COVID-19, but the resulting negative impact was offset by higher revenue from environmental and energy-related centrifugal compressor components and industrial gas turbine components. On the profit side, costs for environmental and energy-related industrial gas turbine components improved through the benefits of higher revenue and process improvements, but the substantial decline in aviation and space-related revenue was significant and could not be offset sufficiently to prevent lower profit.」
The sharp decline in demand, production adjustments and substantial production cuts in the aviation and space-related businesses continued. Although the negative impact on revenue was offset by higher revenue in the environmental and energy-related businesses, the decline in profit caused by lower aviation and space-related revenue could not be offset. - FY2021-Q2Sharp decline in demand and substantial production cuts in the aviation and space-related businessesAnnual report
「The electrical discharge machining and surface treatment segment made substantial production cuts and adjusted production due to a sharp decline in demand in the aviation and space-related businesses caused by the spread of COVID-19, but the resulting negative impact was offset by higher revenue from environmental and energy-related centrifugal compressor components and industrial gas turbine components.」
The impact on the aviation and space-related businesses has become more specific, progressing from the previously reported production cuts caused by the spread of COVID-19 to a sharp decline in demand, production adjustments and substantial production cuts. - FY2021-Q1Reduced production in the aviation and space-related businesses due to COVID-19Annual report
「The electrical discharge machining and surface treatment segment was affected by reduced production in the aviation and space-related businesses due to the spread of COVID-19, but revenue increased year on year as a result of higher sales of environmental and energy-related centrifugal compressor components and industrial gas turbine components. On the profit side, costs for environmental and energy-related industrial gas turbine components improved through the benefits of higher revenue and process improvements, but profit declined due to lower revenue in the transportation and aviation and space-related businesses.」
For aviation and space-related businesses, including aircraft engine components, the Company describes the impact of reduced production and lower revenue due to the spread of COVID-19. No new production ramp-up milestone is indicated. - FY2020-Q3Increased production ramp-up costs for new items and burden of upfront investmentAnnual report
「However, profit declined because production ramp-up costs for new industrial gas turbine component items increased more than expected, costs also increased due to a change in the product mix, and costs were incurred in connection with the ramp-up of new aircraft engine component items. In addition, upfront investment in new businesses, including ZECCOAT, resulted in an operating loss of ¥135 million.」
The Company states that higher-than-expected production ramp-up costs for new items were incurred not only for industrial gas turbine components but also for aircraft engine components. It also explicitly mentions upfront investment in new businesses such as ZECCOAT, with the electrical discharge machining and surface treatment segment posting an operating loss of ¥135 million. - FY2020-Q2Higher-than-expected production ramp-up costs and upfront investmentAnnual report
「However, operating loss amounted to ¥94 million because production ramp-up costs for new items increased more than expected and upfront investment in new businesses was incurred.」
Production ramp-up costs for new items increased more than expected, and the burden of upfront investment in new businesses compounded the impact, resulting in an operating loss of ¥94 million in the electrical discharge machining and surface treatment segment. The burden of upfront investment has been explicitly added to the previous quarter's report of higher-than-expected ramp-up costs. - FY2020-Q1Higher-than-expected production ramp-up costsAnnual report
「Revenue in the electrical discharge machining and surface treatment segment increased year on year due to growth in environmental and energy-related centrifugal compressor components and industrial gas turbine components. However, profit declined because production ramp-up costs for new items were higher than expected, among other factors.」
The Company reports higher revenue from environmental and energy-related components and other products, while higher-than-expected production ramp-up costs for new items resulted in lower profit. - FY2019RestatedAnnual report
「First, we will establish the structure for full-scale production of the aircraft engine components business now under development and move it into the black as soon as possible.」
The Company continues to state its aim of establishing a full-scale production structure for the aircraft engine components business. Although revenue from the business increased, no milestone for completing the new production ramp-up is described. - FY2019-Q3RestatedAnnual report
「Revenue from compressor- and combustor-related components for aircraft engine parts and from environmental and energy-related component processing increased, resulting in higher revenue for the electrical discharge machining and surface treatment segment as a whole year on year.」
The Company continues to report increased revenue from compressor- and combustor-related components for aircraft engine parts. No new production ramp-up milestone is described beyond the business contribution reported through the previous quarter. - FY2019-Q2RestatedAnnual report
「Revenue from compressor- and combustor-related components for aircraft engine parts and from environmental and energy-related component processing increased, resulting in higher revenue for the electrical discharge machining and surface treatment segment as a whole year on year.」
The Company continues to report increased revenue from compressor- and combustor-related components for aircraft engine parts and other products. No new production ramp-up milestone is indicated. - FY2019-Q1RestatedAnnual report
「Revenue from low-pressure turbine blades and compressor- and combustor-related components for aircraft engine parts increased, as did revenue from energy-related component processing and other areas, resulting in higher revenue for the electrical discharge machining and surface treatment segment as a whole year on year.」
The Company continues to report increased revenue from low-pressure turbine blades and compressor- and combustor-related components. No new production ramp-up milestone is described beyond the progress already reported in previous filings. - FY2018RestatedAnnual report
「Revenue from low-pressure turbine blades and compressor- and combustor-related components for aircraft engine parts, as well as industrial gas turbine component processing, increased, resulting in higher revenue for the electrical discharge machining and surface treatment segment as a whole year on year.」
The Company reports increased revenue from compressor- and combustor-related components in addition to low-pressure turbine blades for the full fiscal year. No new production ramp-up milestone is described beyond the revenue contribution already reported in the second and third quarters. - FY2018-Q3RestatedAnnual report
「Revenue from low-pressure turbine blades for aircraft engine components and compressor- and combustor-related components increased, resulting in higher revenue for the electrical discharge machining and surface treatment segment as a whole year on year.」
The Company continues to report increased revenue from low-pressure turbine blades and compressor- and combustor-related components. No new production ramp-up milestone is described beyond the progress reported in the previous quarter. - FY2018-Q2AdvancedAnnual report
「Revenue from low-pressure turbine blades for aircraft engine components and compressor- and combustor-related components increased, resulting in higher revenue for the electrical discharge machining and surface treatment segment as a whole year on year.」
In addition to low-pressure turbine blades, the Company also describes increased revenue from compressor- and combustor-related components. The contribution of the aircraft engine components business to revenue is broadening. - FY2018-Q1AdvancedAnnual report
「Revenue from low-pressure turbine blades for aircraft engine components increased in the electrical discharge machining and surface treatment segment, but revenue for the segment as a whole declined year on year due to decreases in areas such as energy-related component processing.」
For low-pressure turbine blades, the Company now describes increased revenue rather than the previously stated gradual increase in production volume. Their contribution to business revenue is indicated. - FY2017-Q3RestatedAnnual report
「Although production volumes of low-pressure turbine blades for the new aircraft engine components business increased in stages, weakness in the environmental and energy-related businesses resulted in lower revenue for the EDM and surface treatment segment year on year. Operating profit increased year on year, mainly due to higher revenue from low-pressure turbine blades for aircraft engine components.」
The disclosure continued to state that production volumes of low-pressure turbine blades were increasing in stages. The same progress had already been reported in the previous quarter, and no new production ramp-up milestone was disclosed. - FY2017-Q2AdvancedAnnual report
「Although production volumes of low-pressure turbine blades for the new aircraft engine components business increased in stages, the environmental and energy-related businesses remained weak. As a result, revenue for the EDM and surface treatment segment declined year on year.」
The disclosure described concrete progress from the previous reference to the start of production in stages, stating that production volumes of low-pressure turbine blades increased in stages. - FY2017-Q1First statedAnnual report
「Due to costs incurred in connection with the gradual start of production of low-pressure turbine blades in the aircraft engine components business, as well as costs related to obtaining certification before mass production of compressor components currently in production preparation, an operating loss of ¥38 million was recorded.」
Production of low-pressure turbine blades had begun gradually, while compressor components were in production preparation, including pre-mass-production certification. The associated costs were identified as a factor behind the operating loss.