Recovery and Expansion of Demand for the Parts Business
First written in FY2017-Q1. 1 of 35 entries say "Cited as achieved", first in 2026-07-14. Latest entry: 2026-10-05.
1 other company's latest entry also says "Other".
- FY2026-H1The Components segment returned to higher sales and operating profit for the first halfAnnual report
「In the Parts Business, demand for car hydraulics declined in Japan and China, but demand recovered for hydraulic equipment for construction machinery, mainly in Europe, the United States and China, and for aftermarket bearings in ASEAN. As a result, net sales were ¥76.817 billion, up 7.5% year on year, while operating profit was ¥3.738 billion, up 70.5%, reflecting the effects of structural reforms.」
The decline in demand for car hydraulics in Japan and China was offset by recovering demand for hydraulic equipment for construction machinery and aftermarket bearings in ASEAN, resulting in a 7.5% increase in sales and a 70.5% increase in operating profit. - 2026-04-06OtherEarnings
「As demand recovered for hydraulic equipment for construction machinery in Europe, the United States and China and for bearings in the ASEAN aftermarket, net sales rose 6.8% to ¥37.470 billion, while operating income increased 32.6% to ¥1.565 billion as the effects of structural reforms were captured.」
The Components business reported higher sales and earnings, driven by recovering demand for hydraulic equipment for construction machinery and bearings in the ASEAN aftermarket, as well as the effects of structural reforms. - FY2025Full-year Parts Business posted slightly higher revenue and significantly higher profitAnnual report
「In the Parts Business, demand for hydraulic equipment declined in the construction machinery sector due to domestic production adjustments, but demand for car hydraulics increased in the automotive sector as production recovered at some manufacturers. As a result, net sales were ¥147.255 billion, up 0.6% year on year. Operating profit was ¥4.998 billion, up 200.3%, due to lower fixed and selling, general and administrative expenses resulting from structural reforms, including the optimization of equipment and staffing.」
Despite lower demand for hydraulic equipment, operating profit increased 200.3% due to higher demand for car hydraulics and fixed-cost reductions from optimizing equipment and staffing. - FY2025-H1Cumulative second-quarter Parts Business changed from lower revenue to significantly higher profitAnnual report
「In the Parts Business, demand for car hydraulics increased as production recovered at some automakers, but demand for hydraulic equipment declined due to production adjustments by construction machinery manufacturers in Japan and Europe. Bearing demand also declined due to inventory adjustments at aftermarket distributors in ASEAN. As a result, net sales were ¥71.483 billion, down 3.9% year on year. Operating profit, however, was ¥2.192 billion, up 183.4%, due to lower fixed costs from optimizing staffing and equipment as part of structural reforms.」
Revenue declined due to lower demand for construction machinery and bearings, while operating profit increased 183.4% due to fixed-cost reductions from optimizing staffing and equipment. - FY2024-Q2Cumulative second-quarter Parts Business changed from higher revenue to lower revenue and profitAnnual report
「In the Parts Business, demand for hydraulic equipment declined due to production adjustments by construction machinery manufacturers in China and Europe. Bearing demand also declined due to production cuts by some domestic automakers and inventory adjustments at aftermarket distributors. As a result, net sales were ¥74.347 billion, down 7.1% year on year. Operating profit was ¥773 million, down 68.1%, due to lower capacity utilization in hydraulic equipment and surging raw material prices.」
From higher revenue in the cumulative second quarter of the previous fiscal year, the Parts Business shifted to lower revenue due to declining demand for hydraulic equipment and bearings, while operating profit fell 68.1%. - FY2024-Q1First-quarter Parts Business changed from higher revenue to lower revenue and profitAnnual report
「In the Parts Business, demand for car hydraulics remained firm as automotive production recovered, but demand for hydraulic equipment declined in China and Europe due to production adjustments in the construction machinery sector. Net sales were ¥37.173 billion, down 4.2% year on year, and operating profit was ¥344 million, down 71.7%, due to lower capacity utilization in hydraulic equipment and surging raw material prices.」
Despite the recovery in automotive production, lower demand for hydraulic equipment in China and Europe and high raw material costs caused the Parts Business to post lower revenue, while operating profit declined 71.7%. - FY2023Parts Business posted higher revenue but significantly lower profitAnnual report
「In the Parts Business, demand for hydraulic equipment declined in China and Europe due to production adjustments in the construction machinery sector, but bearing demand remained firm in the industrial machinery and aftermarket sectors in addition to the recovery in automotive production. Net sales were ¥163.508 billion, up 2.8% year on year. Operating profit was ¥4.502 billion, down 41.2%, due to surging raw material and electricity prices and higher fixed costs.」
Revenue increased due to the recovery in automotive production and bearing demand, while operating profit declined 41.2% due to lower demand for hydraulic equipment in China and Europe and higher costs. - FY2023-Q3Cumulative third-quarter Parts Business posted higher revenue but significantly lower profitAnnual report
「In the Parts Business, demand for hydraulic equipment declined in China and Europe due to production adjustments in the construction machinery sector, but bearing demand remained firm in the industrial machinery and aftermarket sectors in addition to the recovery in automotive production. Net sales were ¥121.224 billion, up 3.3% year on year. Operating profit was ¥3.645 billion, down 43.4%, due to surging steel and electricity prices and higher fixed costs.」
The Parts Business posted higher revenue due to the recovery in automotive production and bearing demand, but profit declined significantly due to lower demand for hydraulic equipment in China and Europe, surging steel and electricity prices, and higher fixed costs. - FY2023-Q2Cumulative second-quarter Parts Business posted higher revenue but significantly lower profitAnnual report
「In the Components business, although production adjustments affected part of the automotive and construction machinery sectors, demand in the industrial machinery and aftermarket sectors remained firm, and the company benefited from a recovery in overseas automotive demand, resulting in net sales of ¥79.998 billion, up 4.1% year on year. On the other hand, operating profit was ¥2.426 billion, down 44.2% year on year, due to soaring raw material and energy prices and higher fixed costs.」
The Parts Business posted higher revenue on firm demand and recovering overseas automotive demand, while operating profit declined 44.2% due to surging raw material and energy prices and higher fixed costs. - FY2023-Q1First-quarter Parts Business posted higher revenue but lower profit due to high raw material costsAnnual report
「In the Parts Business, production adjustments affected some areas of the automotive and construction machinery sectors, but demand remained firm in the industrial machinery and aftermarket sectors. Net sales were ¥38.790 billion, up 1.7% year on year. Operating profit was ¥1.218 billion, down 42.1%, due largely to surging raw material and energy prices.」
Firm demand in the industrial machinery and aftermarket sectors increased revenue, while operating profit fell 42.1% year on year due to surging raw material and energy prices. - FY2022Full-year Parts Business posted higher revenue but lower profit due to high raw material costsAnnual report
「In the Parts Business, demand recovered and expanded in the construction machinery, industrial machinery and aftermarket sectors, despite production adjustments in the automotive sector. Net sales were ¥159.062 billion, up 9.9% year on year. Operating profit, however, was ¥7.660 billion, down 22.6%, as it was significantly affected by surging raw material prices despite improved capacity utilization.」
Revenue increased due to recovering demand in the construction machinery, industrial machinery and aftermarket sectors, while full-year operating profit declined due to high raw material costs. - FY2022-Q3Cumulative third-quarter Parts Business posted higher revenue but lower profit due to high raw material costsAnnual report
「In the Components business, although production adjustments affected the automotive sector, demand recovered and expanded in the construction machinery, industrial machinery and aftermarket sectors, resulting in net sales of ¥117.340 billion, up 9.3% year on year. On the other hand, operating profit was ¥6.443 billion, down 12.5% year on year, as it was significantly affected by soaring raw material prices and other factors despite improved operating rates.」
Net sales increased 9.3% due to recovering demand in the construction machinery, industrial machinery and aftermarket sectors, while operating profit declined 12.5% due to surging raw material prices. - FY2022-Q2Cumulative second-quarter Parts Business posted higher revenue but lower profit due to high raw material costsAnnual report
「In the Components business, although production adjustments affected the automotive sector, demand recovered and expanded in the construction machinery, industrial machinery and aftermarket sectors, resulting in net sales of ¥76.844 billion, up 9.0% year on year. On the other hand, operating profit was ¥4.348 billion, down 6.5% year on year, as it was significantly affected by soaring raw material prices and other factors despite improved operating rates.」
Net sales increased 9.0% due to recovering demand in the construction machinery, industrial machinery and aftermarket sectors, while operating profit declined 6.5% due to surging raw material prices. - FY2022-Q1First-quarter Parts Business continued to post higher revenue and profitAnnual report
「In the Parts Business, production adjustments affected the automotive sector, but demand recovered in the construction machinery, industrial machinery and aftermarket sectors. Net sales were ¥38.125 billion, up 12.8% year on year. Operating profit was ¥2.105 billion, up 4.1%, despite the impact of surging raw material prices even as capacity utilization improved.」
Despite production adjustments in the automotive sector, recovering demand in the construction machinery, industrial machinery and aftermarket sectors resulted in higher revenue and profit in the Parts Business. - FY2021Full-year Parts Business reversed to higher revenue and profitAnnual report
「In the Parts Business, the company captured demand in the industrial machinery and aftermarket sectors in addition to continued market recovery in the automotive and construction machinery sectors. Net sales were ¥144.738 billion, up 19.9% year on year, while operating profit was ¥9.903 billion, 2.7 times higher, due to cost reductions from improved capacity utilization, productivity gains through automation and rationalization, and greater in-house production.」
The Parts Business captured recovering demand in the industrial machinery and aftermarket sectors in addition to automotive and construction machinery, resulting in a 19.9% increase in sales and operating profit of 2.7 times the previous year's level. - FY2021-Q3Cumulative third-quarter Parts Business reversed to higher revenue and profitAnnual report
「In the Parts Business, demand recovered not only in the automotive and construction machinery sectors but also in the industrial machinery and aftermarket sectors. Net sales were ¥107.358 billion, up 22.7% year on year, while operating profit was ¥7.364 billion, 4.5 times higher, due to cost reductions from improved capacity utilization and productivity gains through rationalization and in-house production.」
Demand recovered in the industrial machinery and aftermarket sectors in addition to automotive and construction machinery, resulting in a 22.7% increase in Parts Business sales and operating profit of 4.5 times the previous year's level. - FY2021-Q2The Components segment returned to higher sales and operating profit for the first halfAnnual report
「In the Parts Business, demand, led by the automotive and construction machinery sectors, recovered. Net sales were ¥70.496 billion, up 15.6% year on year, while operating profit was ¥4.651 billion, 4.6 times higher, due to cost reductions from productivity improvements through rationalization and in-house production.」
The Parts Business reversed from lower revenue and profit in the cumulative second quarter of the previous fiscal year to higher revenue and profit, with sales up 15.6% and operating profit 4.6 times higher, due to recovering demand in sectors including automotive and construction machinery and the effects of rationalization and in-house production. - FY2021-Q1Parts Business reversed from lower revenue and profit to higher revenue and profitAnnual report
「In the Parts Business, demand, led by the automotive and construction machinery sectors, recovered. Net sales were ¥33.804 billion, up 1.0% year on year, while operating profit was ¥2.022 billion, up 81.2%, due to cost reductions, including productivity improvements from rationalization and in-house production.」
From the downward trend in revenue and profit through the previous fiscal year, both net sales and operating profit increased year on year due to recovering demand in sectors including automotive and construction machinery and the effects of rationalization and in-house production. - FY2020-Q3Parts Business continued to post lower revenue and profit through the cumulative third quarterAnnual report
「In the Parts Business, some areas of the automotive and industrial machinery sectors showed signs of recovery, but sales were affected by lower production at major customers. Net sales were ¥87.528 billion, down 18.9% year on year, and operating profit was ¥1.629 billion, down 62.6%.」
While some areas of the automotive and industrial machinery sectors showed signs of recovery, the Parts Business continued to post lower revenue and profit through the cumulative third quarter due to lower production by major customers. - FY2020-Q2Decline in revenue and profit widened in the Parts Business for the cumulative second quarterAnnual report
「In the Components business, net sales were ¥60.959 billion, down 15.7% year on year, due mainly to the impact of production cuts in the automotive and industrial machinery sectors associated with the spread of COVID-19. On the earnings side, operating profit was ¥1.018 billion, down 65.9% year on year, also affected by soaring raw material prices and other factors.」
The Parts Business continued to post lower revenue and profit from the first quarter due to production cuts in the automotive and industrial machinery sectors and surging raw material prices, with the decline in operating profit widening. - FY2020-Q1Parts Business continued to post lower revenue and profit in the first quarterAnnual report
「In the Parts Business, sales were affected by production cuts in the automotive and industrial machinery sectors, and net sales were ¥33.458 billion, down 6.1% year on year. Operating profit was ¥1.116 billion, down 25.3%.」
Following the previous full year, the first quarter also posted lower revenue and profit due to production cuts in the automotive and industrial machinery sectors. - FY2019Full-year Parts Business outlook changed to lower revenue and profitAnnual report
「In the Parts Business, demand in the construction machinery sector remained firm, but sales were affected by production cuts in the automotive and industrial machinery sectors. Net sales were ¥143.052 billion, down 3.2% year on year. Operating profit was ¥5.459 billion, down 33.0%, reflecting lower sales as well as persistently high raw material prices.」
Despite firm demand for construction machinery, the full-year Parts Business posted lower revenue and profit due to production cuts in the automotive and industrial machinery sectors and persistently high raw material prices. - FY2019-Q3The Components segment continued to report lower sales and operating profit for the nine-month periodAnnual report
「In the Components segment, although demand in the construction machinery sector remained firm, some production cuts occurred in the automotive and industrial machinery sectors. Sales fell 2.1% year on year to ¥107.863 billion, while operating profit fell 31.3% to ¥4.361 billion, partly due to the impact of higher raw material prices and other factors.」
Demand for construction machinery remained firm, but the Parts Business posted lower revenue and profit, following the cumulative second quarter, due to production cuts in some automotive and industrial machinery sectors and higher raw material prices. - FY2019-Q2The Components segment shifted to lower sales and operating profit for the first halfAnnual report
「In the Components segment, although demand in the construction machinery sector remained firm, some production cuts occurred in the automotive and industrial machinery sectors. Sales fell 1.2% year on year to ¥72.304 billion, while operating profit fell 31.7% to ¥2.987 billion, partly due to the impact of surging raw material prices and other factors.」
Although construction machinery demand remained firm, some production cuts in the automotive and industrial machinery sectors and higher raw material costs reduced Components segment sales and widened the decline in operating profit. - FY2019-Q1The first quarter shifted to flat Components segment sales and lower profitAnnual report
「In the Components segment, although some production cuts affected the automotive sector, demand in the construction machinery and industrial machinery sectors remained firm. Sales were broadly unchanged, rising 0.2% year on year to ¥35.620 billion, while operating profit fell 28.5% to ¥1.494 billion due to surging raw material prices and other factors.」
The Components segment reported sales growth of 8.7% and a 5.6% decline in operating profit for the previous full fiscal year, but sales were broadly flat in the first quarter, while the decline in operating profit widened due to higher raw material costs and other factors. - FY2018The Components segment shifted to lower profit despite higher salesAnnual report
「In the Components segment, in addition to steady automobile production, demand in the construction machinery and industrial machinery sectors expanded, lifting sales 8.7% year on year to ¥147.852 billion. Operating profit, however, fell 5.6% to ¥8.152 billion due to surging raw material prices, higher selling expenses and other factors.」
Expanding demand from the automotive, construction machinery and industrial machinery sectors lifted sales by 8.7%, but higher raw material costs and selling expenses reduced operating profit by 5.6%. - FY2018-Q3Confirmed expanding component demand and higher profit in the third quarterAnnual report
「In the Components segment, in addition to steady automobile production, demand in the industrial machinery and construction machinery sectors expanded. Sales rose 10.9% year on year to ¥110.179 billion, and operating profit rose 2.2% to ¥6.352 billion.」
Steady automobile production and expanding demand in the industrial machinery and construction machinery sectors lifted Components segment sales and operating profit. - FY2018-Q2Confirmed expanding component demand and higher profit in the second quarterAnnual report
「In the Components segment, in addition to steady automobile production, demand in the industrial machinery and construction machinery sectors expanded. Sales rose 12.0% year on year to ¥73.193 billion, and operating profit rose 6.2% to ¥4.373 billion.」
Steady automobile production and expanding demand in the industrial machinery and construction machinery sectors lifted Components segment sales and operating profit. - FY2018-Q1Component demand expanded, but profit declined due to higher raw material costsAnnual report
「In the Components segment, demand expanded in the automotive, industrial machinery and construction machinery sectors, lifting sales 11.0% year on year to ¥35.558 billion. Operating profit, however, fell 1.8% to ¥2.090 billion due to the impact of surging raw material prices and other factors.」
Expanding demand in the automotive, industrial machinery and construction machinery sectors lifted sales by 11.0%, but surging raw material prices and other factors reduced operating profit by 1.8%. - FY2017Confirmed expanding full-year component demand and higher profitAnnual report
「In the Components Business, sales to the automotive and construction machinery sectors expanded, while demand from the industrial machinery sector recovered. Net sales were ¥135.982 billion, up 11.2% from the previous consolidated fiscal year, and operating profit was ¥8.635 billion, up 56.0%, reflecting improved capacity utilization and the benefits of cost reductions.」
Expanding demand from the automotive and construction machinery sectors and recovering demand from the industrial machinery sector lifted Components segment sales and operating profit. - FY2017-Q3Confirmed expanding component demand and higher profit in the third quarterAnnual report
「In the Components Business, sales to the automotive and construction machinery sectors expanded, while demand from the industrial machinery sector recovered. Net sales were ¥99.330 billion, up 9.2% year on year, and operating profit was ¥6.216 billion, up 47.5%, reflecting improved capacity utilization and the benefits of in-house production.」
Expanding demand from the automotive and construction machinery sectors and recovering demand from the industrial machinery sector are lifting Components segment sales and operating profit. - FY2017-Q2Confirmed recovery and expansion in component demand and higher profit in the second quarterAnnual report
「In the Components Business, demand for automobiles and construction machinery was recovering and trending higher, driving increased demand for bearings, car control valves and hydraulic motors. Net sales were ¥65.378 billion, up 7.2% year on year, while operating profit was ¥4.117 billion, up 32.2%, reflecting the benefits of improved capacity utilization, cost improvements and expanded in-house production.」
Continued recovery and expansion in demand from the automotive and construction machinery sectors and for key components lifted Components segment sales by 7.2% and operating profit by 32.2%. - FY2017-Q1First statedAnnual report
「In the Components segment, demand from the automotive and construction machinery sectors was recovering and expanding, while demand for bearings, car control valves, hydraulic motors and other products increased. Sales rose 6.1% year on year to ¥32.026 billion, and operating profit rose 25.8% to ¥2.128 billion.」
Recovering and expanding demand from the automotive and construction machinery sectors and for key components lifted Components segment sales by 6.1% and operating profit by 25.8%.