Revenue growth and profit decline in the general industrial machinery business, with an increase in variable costs
First written in FY2019-Q1. 3 of 25 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Lower revenue and higher profit for the full fiscal year, with a contribution from after-sales servicesAnnual report
「In this business, lower plant operating rates in Southeast Asia continued amid intensifying competition in petrochemical products, while repair demand contracted. As a result, segment net sales fell 3.3% year on year to ¥39.492 billion. Operating income rose 6.7% to ¥5.747 billion, mainly due to increased after-sales service in India.」
Revenue declined due to reduced repair demand in Southeast Asia, while operating profit increased as after-sales service in India grew. - FY2026-H1First-half revenue and profit decline; repair demand decreasesAnnual report
「Due to lower plant operating rates in Southeast Asia amid intensifying competition in petrochemical products, and the resulting decline in repair demand, segment revenue was ¥18,567 million, down 8.0% year on year, and operating profit was ¥2,159 million, down 18.7%.」
The business shifted from full-year revenue and profit growth in the previous fiscal year to declines in revenue and profit in the current interim consolidated accounting period, due to lower plant operating rates and reduced repair demand in Southeast Asia. - FY2025Full-year revenue and profit growth; wider profit increaseAnnual report
「India and the Asia-Pacific region performed well throughout the year. Replacement demand for oil refining and petrochemical plants, particularly in Southeast Asia, increased, resulting in segment net sales of ¥40.836 billion, up 6.2% year on year, and operating income of ¥5.384 billion, up 66.8%.」
Against a backdrop of recovering overseas customer operations and repair demand, the general industrial machinery business achieved full-year revenue and profit growth, and the increase in operating profit also widened. - FY2025-H1First-half revenue and profit growth; operating profit surgesAnnual report
「Increased sales for new plant projects and strong replacement demand in India and the Asia-Pacific region resulted in segment net sales of ¥20.175 billion, up 10.9% year on year, and operating income of ¥2.657 billion, up 216.5%.」
Strong sales for new plant projects and robust repair demand resulted in first-half revenue and profit growth, while the increase in operating profit accelerated significantly. - FY2024Full-year revenue and profit growthAnnual report
「The business performed well in India, the Asia-Pacific region and Japan, resulting in segment net sales of ¥38.460 billion, up 13.9% year on year, and operating income of ¥3.228 billion, up 13.8%.」
The decline in profit caused by new project-related costs in the previous quarter turned into full-year revenue and profit growth as business performed well in all regions. - FY2024-Q3Revenue continues to grow; profit declines due to new project-related costsAnnual report
「The recovery in customer operations, mainly overseas, drove segment net sales of ¥28.469 billion, up 14.0% year on year. Operating income was ¥1.962 billion, down 11.8%, due mainly to higher costs related to new projects.」
Revenue continued to increase as overseas customer operations recovered, but the trend of profit growth shifted to a decline due to higher costs related to new projects and other factors. - FY2024-Q2RestatedAnnual report
「The recovery in customer operations, mainly overseas, drove segment net sales of ¥18.192 billion, up 15.8% year on year, and operating income of ¥839 million, up 10.7%.」
Revenue and profit growth in the general industrial machinery business has continued as overseas customer operations recover. - FY2024-Q1Revenue and Profit Growth ContinuesAnnual report
「The recovery in overseas customer operations drove segment net sales of ¥8.994 billion, up 18.8% year on year, and operating income of ¥493 million, up 20.8%.」
Following the recovery in overseas customer operations through the previous quarter, both revenue and operating profit exceeded the year-earlier levels, and revenue and profit growth has continued. - FY2023-Q3Revenue and profit growth continues; growth acceleratesAnnual report
「The recovery in overseas customer operations drove segment net sales of ¥24.967 billion, up 18.0% year on year, and operating income of ¥2.823 billion, up 68.0%.」
Revenue and profit growth continued as overseas customer operations recovered, and the year-on-year growth rates for revenue and operating profit accelerated from the previous quarter. - FY2023-Q2Revenue and profit growth continues; growth acceleratesAnnual report
「Customer operations overseas recovered gradually. Segment net sales were ¥15.706 billion, up 14.5% year on year, and operating income was ¥1.171 billion, up 12.8%.」
The general industrial machinery business continued to post revenue and profit growth in the first half, following growth in the previous quarter, and the rates of increase in both revenue and operating profit accelerated. - FY2022Full-year revenue and profit growth; demand recoveryAnnual report
「Demand in India and Southeast Asia recovered. Segment net sales were ¥28.935 billion, up 10.0% year on year, and operating income was ¥2.450 billion, up 11.6%.」
The recovery in demand in India and Southeast Asia resulted in full-year revenue and profit growth, compared with the previous fiscal year, when the business was affected by provisions for below-cost orders and other factors. - FY2022-Q3Demand recovery continues; profit declines due to provision for below-cost ordersAnnual report
「Demand in India and Southeast Asia recovered, resulting in segment revenue of ¥21,166 million, up 5.8% year on year. Operating profit was ¥1,680 million, down 5.5% year on year, partly because a provision was recorded for below-cost orders placed with a view to securing long-term profitability.」
Revenue continued to grow on the recovery in demand in India and Southeast Asia, while operating profit declined year on year due to a provision for below-cost orders. - FY2022-Q2RestatedAnnual report
「Customer operations recovered, mainly in India. Segment net sales were ¥13.720 billion, up 5.9% year on year, and operating income was ¥1.038 billion, up 17.4%.」
Revenue and profit growth in the general industrial machinery business has continued as customer operations, particularly in India, recover. - FY2022-Q1Revenue and profit growth; customer operations recoverAnnual report
「Customer operations recovered gradually, mainly in Japan and India. Segment net sales were ¥6.903 billion, up 6.9% year on year, and operating income was ¥603 million, up 8.3%.」
The general industrial machinery business, which had suffered lower revenue and profit in the previous fiscal year as customers scaled back or suspended operations, turned to revenue and profit growth as customer operations recovered in Japan and India. - FY2021-Q3Revenue decline continues; operating profit growth resumesAnnual report
「Although signs of recovery emerged in some areas, sales declined due to India's lockdown and customers reducing or suspending operations in the Asia-Pacific region and Japan. Segment net sales were ¥20.008 billion, down 14.7% year on year. Operating income was ¥1.778 billion, up 3.3%, partly because no provision was recorded in the current period for loss-making orders, unlike in the prior-year period.」
Revenue in the general industrial machinery business continued to decline due to lower sales, while operating profit turned to 3.3% year-on-year growth partly because the provision for loss-making orders recorded in the same period of the previous year was no longer required. - FY2021-Q2Shift to Lower Revenue and ProfitAnnual report
「Sales declined due to India's lockdown and customers reducing or suspending operations in the Asia-Pacific region and Japan. Segment net sales were ¥12.954 billion, down 19.9% year on year, and operating income was ¥884 million, down 59.1%.」
Revenue and profit growth through the previous quarter turned into declines due to India's lockdowns and the impact of customers scaling back or suspending operations. - FY2021-Q1Lower revenue and profit continuedAnnual report
「Sales declined across Japan, India and the Asia-Pacific region, including India, due to customers reducing or suspending operations. Segment net sales were ¥6.457 billion, down 23.4% year on year, and operating income was ¥556 million, down 48.0%.」
The general industrial machinery business, which had improved in the previous fiscal year, saw sales decline in all regions as customers scaled back or suspended operations, resulting in lower revenue and profit. - FY2020Full-year revenue and profit decline; provision related to oilAnnual report
「In addition to a declining trend in demand in Japan, the Indian market, which had also been strong overseas, began to weaken in the second half. Segment net sales were ¥30.481 billion, down 0.8% year on year. Operating income was ¥2.400 billion, down 29.7%, partly because provisions were recorded for investments in oil-related projects in ASEAN.」
Revenue growth through the quarter turned into full-year declines in revenue and profit, while a provision for oil-related projects in ASEAN also reduced profit. - FY2020-Q3Continued revenue growth, but lower profit due to a provision for loss-making ordersAnnual report
「In this business, the Japanese market remained firm despite losing momentum, while overseas sales in India remained strong for OEM and plant applications. As a result, segment revenue was ¥2,346.6 million, up 4.1% year on year. Operating profit was ¥172.1 million, down 30.1%, partly because a provision was recognized for loss-making orders expected to secure long-term profitability.」
Although revenue continued to increase on sales in Japan, India and elsewhere, operating profit fell 30.1% year on year due to an additional provision for loss-making orders placed with a view to securing long-term profitability. - FY2020-Q2RestatedAnnual report
「The Japanese market remained firm, while sales to OEMs and plants in India and other parts of Asia increased. Segment net sales were ¥16.165 billion, up 11.6% year on year, and operating income was ¥2.163 billion, up 34.4%.」
Higher revenue and profit have continued since the first quarter, supported by firm sales in Japan, India and Asia. - FY2020-Q1Shift to higher sales and profitAnnual report
「The Japanese market remained firm, while sales to OEMs and plants in India and other parts of Asia also remained solid. Segment net sales were ¥8.431 billion, up 17.1% year on year, and operating income was ¥1.070 billion, up 35.3%.」
The business shifted from higher revenue but lower profit in the previous full fiscal year to higher revenue and profit in the first quarter, supported by firm sales in Japan, India and Asia. - FY2019Full-year revenue growth but profit declineAnnual report
「Although products for the semiconductor industry were affected by restrained investment across the industry, products for general industrial machinery remained firm in OEM and plant applications in India and elsewhere. As a result, segment revenue was ¥3,829.4 million, up 7.2% year on year. Operating profit was ¥353.7 million, down 12.8%, due mainly to higher variable costs in Japan.」
While the impact of restrained semiconductor investment persisted, higher revenue was secured through sales of products for general industrial machinery. Higher variable costs in Japan and other factors resulted in higher revenue but lower profit for the full fiscal year. - FY2019-Q3Higher sales continue, while the decline in profit widensAnnual report
「Although investment restraint was seen in the semiconductor industry, sales of general industrial machinery products remained firm, with OEM products in Japan and products for plants overseas, particularly in India. As a result, segment revenue was ¥2,833.4 million, up 8.5% year on year. Operating profit was ¥257.8 million, down 15.3%, due mainly to higher variable costs in Japan.」
Revenue continued to increase on firm sales of general industrial machinery products, but the decline in profit widened from 11.2% year on year to 15.3% due mainly to higher variable costs in Japan. - FY2019-Q2Higher sales continue, while the decline in profit narrowsAnnual report
「In this business, sales of products for plants remained firm in Southeast Asia, India and elsewhere, while products for the semiconductor industry also remained strong. As a result, segment revenue was ¥1,851.0 million, up 9.9% year on year. Operating profit was ¥168.8 million, down 11.2%, due mainly to higher variable costs in Japan.」
Sales of products for plants in Southeast Asia, India and elsewhere and products for the semiconductor industry remained firm, and revenue continued to increase. Profit declined due mainly to higher variable costs in Japan, but the decline narrowed from 24.1% year on year to 11.2%. - FY2019-Q1First statedAnnual report
「In this business, sales of products for plants remained firm in Japan, India and elsewhere, while products for the semiconductor industry also remained strong. As a result, segment revenue was ¥912.0 million, up 10.8% year on year. Operating profit was ¥81.8 million, down 24.1%, due mainly to higher variable costs in Japan.」
Sales of products for plants in Japan, India and elsewhere and products for the semiconductor industry remained firm, increasing revenue, while operating profit declined due mainly to higher variable costs in Japan.