Full-Year Net Sales and Profit Down Year on Year
First written in FY2016. . Latest entry: 2026-04-06.
3 other companies' latest entry also says "Other".
- 2026-04-06OtherEarnings
「Although demand declined in the domestic and Chinese automotive sectors, demand recovered in the construction machinery sectors in Europe, the United States and China and in the ASEAN aftermarket sector, while demand increased in the industrial machinery sector in the Americas, bringing net sales to ¥60.207 billion, up 6.2% year on year」
The first quarter saw higher net sales, operating income and ordinary income, while net income attributable to owners of the parent declined 21.7% year on year due to structural reform expenses and other factors. - FY2025Full-year results changed to lower revenue and higher profit.Annual report
「Revenue for the consolidated fiscal year was ¥235.903 billion, down 1.7% year on year. Although production at some domestic automobile manufacturers gradually recovered, revenue was affected by the revision of capital investment plans in China and weak domestic demand in the construction machinery sector. In terms of profit, operating rates deteriorated in robots and special steel, but the company reduced fixed costs through structural reforms, passed higher raw material costs through to selling prices, automated and rationalized production lines, and reduced procurement costs. As a result, operating profit was ¥9.773 billion, up 47.3%, and ordinary profit was ¥8.370 billion, up 97.6%.」
From lower revenue and lower profit in the previous fiscal year, results changed to lower revenue and higher profit in the current fiscal year, with revenue down 1.7%, while operating profit and ordinary profit rose 47.3% and 97.6%, respectively. - FY2023Full-year results changed to higher revenue and lower profitAnnual report
「As a result, revenue for the consolidated fiscal year was ¥265.464 billion, up 2.9% year on year. Although production adjustments in part of the construction machinery sector had an impact, this reflected the recovery in automobile production, firm demand in the industrial machinery and aftermarket sectors, and recovering demand for capital equipment. In terms of profit, the company worked to pass higher raw material costs through to selling prices, automate and rationalize production lines, and reduce procurement costs, while the yen remained weak. However, the continued surge in raw material and energy prices from the previous fiscal year and higher fixed costs had a significant impact. Operating profit was ¥11.873 billion, down 30.3%, ordinary profit was ¥11.028 billion, down 35.5%, and net income attributable to owners of the parent was ¥6.469 billion, down 47.1%.」
From higher revenue and higher profit in the previous fiscal year, results changed to higher revenue and lower profit in the current fiscal year, with revenue up 2.9%, while operating profit, ordinary profit and net income attributable to owners of the parent fell 30.3%, 35.5% and 47.1%, respectively. - FY2022Full-year results continued to show higher revenue and higher profitAnnual report
「As a result, revenue for the consolidated fiscal year was ¥258.097 billion, up 12.6% year on year, reflecting recovering demand in the automobile and construction machinery sectors, as well as in the industrial machinery and aftermarket sectors. In terms of profit, the company benefited from total cost reductions, including improved operating rates from higher sales and production, productivity gains from automation and rationalization implemented since the previous year, greater in-house production, and lower selling, general and administrative expenses through more efficient operations. Operating profit was ¥17.025 billion, up 15.7%, ordinary profit was ¥17.1 billion, up 18.3%, and net income attributable to owners of the parent was ¥12.237 billion, up 22.5%.」
Following the previous fiscal year, full-year revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year. - FY2021Full-year results reversed from lower revenue and lower profit to higher revenue and higher profitAnnual report
「As a result, revenue for the consolidated fiscal year was ¥229.117 billion, up 14.0% year on year, reflecting recovering demand in the automobile and construction machinery sectors, as well as in the industrial machinery and aftermarket sectors. In terms of profit, the company benefited from total cost reductions, including improved operating rates from higher sales and production, productivity gains from automation and rationalization implemented since the previous year, greater in-house production, and lower selling, general and administrative expenses through more efficient operations. Operating profit was ¥14.718 billion, 2.1 times the previous year’s level, ordinary profit was ¥14.457 billion, 2.6 times, and net income attributable to owners of the parent was ¥9.993 billion, 4.1 times.」
From lower revenue and lower profit in the previous fiscal year, results reversed to higher revenue and higher profit, with revenue up 14.0%, operating profit 2.1 times higher, ordinary profit 2.6 times higher, and net income attributable to owners of the parent 4.1 times higher. - FY2019Full-year results changed to lower revenue and lower profitAnnual report
「However, weakness in automobiles and industrial machinery was evident in Japan, while overseas markets, particularly China, also slowed. As a result, revenue for the consolidated fiscal year was ¥249.077 billion, down 1.2% year on year. Despite efforts to improve productivity and reduce costs, the stronger yen, persistently high raw material and energy prices, and higher personnel expenses weighed on earnings. Operating profit was ¥13.348 billion, down 12.8%, ordinary profit was ¥12.241 billion, down 11.9%, and net income attributable to owners of the parent was ¥8.245 billion, down 7.8%.」
From record-high revenue and lower profit in the previous fiscal year, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year in the current fiscal year. - FY2018Record-high net sales but lower profitAnnual report
「Revenue expanded steadily, led mainly by the Components business, and reached a record high. Profit, however, fell below the previous year's results. Although the Company expanded production capacity and added personnel to respond to higher production, fixed costs and selling expenses increased, and soaring raw material prices also weighed on results.」
Full-year revenue reached a record high of ¥252.209 billion, while operating income, ordinary income, and net income attributable to owners of the parent were all below the previous fiscal year's levels. - FY2017Full-year revenue and profit turned to year-on-year increases.Annual report
「As a result, revenue for the fiscal year was ¥237.461 billion, an increase of 12.3% from the previous fiscal year. Operating profit was ¥16.130 billion, up 44.8% year on year, ordinary profit was ¥14.690 billion, up 89.2%, and net profit attributable to owners of the parent was ¥9.747 billion, 2.5 times the previous year's level.」
The Company shifted from full-year declines in revenue and profit in the previous fiscal year to increases of 12.3% in revenue, 44.8% in operating income, 89.2% in ordinary income, and 2.5 times net income attributable to owners of the parent. - FY2016First statedAnnual report
「Revenue for the current consolidated fiscal year was ¥211.449 billion, down 3.2% from the previous consolidated fiscal year. Operating income was ¥11.139 billion, down 41.2%, ordinary income was ¥7.765 billion, down 55.2%, and net income attributable to owners of the parent was ¥3.929 billion, down 66.1%.」
For the full year, revenue decreased 3.2%, operating income decreased 41.2%, ordinary income decreased 55.2%, and net income attributable to owners of the parent decreased 66.1%.