Steady performance in the industrial furnace and boiler-related businesses
First written in FY2021-Q3. 5 of 10 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「Sales increased due to the continuation of large projects from automotive-related companies, the recovery of the environmental equipment and petrochemical-related and industrial machinery equipment-related businesses, which had declined in the previous consolidated fiscal year, and increased overseas orders in the parts segment, among other factors. This was partly offset by sluggish orders for boiler equipment and weak sales of regenerative burner system products for the steel industry.」
The industrial furnace-related business is now described by separating the areas that recovered or increased from the sluggish boiler business and regenerative burners for the steel industry. - FY2024ReframedAnnual report
「Due to multiple large projects from automotive-related companies, sales for the consolidated fiscal year rose 25.2% year on year to ¥561 million.」
The full-year description separates the segments, citing higher sales in the industrial furnace segment due to large projects and lower sales in the boiler equipment segment due to weak orders, rather than evaluating the industrial furnace and boiler-related businesses together. - FY2024-Q2WorsenedAnnual report
「The industrial furnace segment reported an operating loss of ¥73 million (an operating profit of ¥5 million in the same quarter of the previous year), partly due to additional costs.」
In the industrial furnace-related business, operating results changed from an operating profit in the same period of the previous year to an operating loss, with additional costs cited as a factor. - FY2023ReframedAnnual report
「In the industrial furnace segment, large projects from automotive-related companies progressed steadily, while projects from overseas heat-treatment furnace companies and others also contributed, resulting in sales for the consolidated fiscal year rising 38.1% year on year to ¥448 million.」
The previous description grouped the industrial furnace and boiler-related businesses together as performing steadily. This time, it describes the segments separately, with higher sales in the industrial furnace segment and lower sales in the boiler equipment segment due to weak orders. - FY2023-Q3WorsenedAnnual report
「In the industrial furnace combustion equipment-related business, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥1,369 million, down 2.4% year on year. The business recorded an operating loss of ¥53 million, compared with an operating loss of ¥42 million in the same period of the previous year.」
The industrial furnace-related business reported lower sales and a larger operating loss than in the same period of the previous year, deteriorating from its previously stated steady performance. - FY2023-Q1WorsenedAnnual report
「In the industrial furnace combustion equipment-related business, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥472 million, up 1.0% year on year. The business recorded an operating loss of ¥55 million, compared with operating profit of ¥4 million in the same period of the previous year.」
In the industrial furnace combustion equipment business, sales increased but operating results changed from a profit in the same period of the previous year to a loss, representing a deterioration from the previous characterization of steady performance. - FY2022WorsenedAnnual report
「The industrial furnace segment's main products are non-ferrous metal heat-treatment furnaces, general heat-treatment furnaces, casting furnaces and rotary furnaces. In addition to a lull in large projects from automotive-related companies, costs and labor hours exceeded estimates on some projects, resulting in sales for the consolidated fiscal year falling 40.9% year on year to ¥324 million.」
In the industrial furnace segment, sales fell 40.9% year on year due to a lull in large projects and costs and labor hours exceeding estimates. - FY2022-Q3WorsenedAnnual report
「In the industrial furnace combustion equipment-related business, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥1,403 million, down 20.6% year on year. The business recorded an operating loss of ¥42 million, compared with operating profit of ¥56 million in the same period of the previous year.」
The description changed from the previously stated steady performance of the industrial furnace-related business. Sales declined this time, and operating results changed from a profit to a loss. - FY2021ReframedAnnual report
「The industrial furnace segment's main products are non-ferrous metal heat-treatment furnaces, general heat-treatment furnaces, casting furnaces and rotary furnaces. Although relatively large projects from automotive-related companies progressed steadily, sales for the consolidated fiscal year fell 40.1% year on year to ¥549 million, partly reflecting the reaction to strong performance in the previous fiscal year.」
The description changed from the previous quarter's characterization of the industrial furnace and boiler-related businesses as performing steadily to a full-year description separating the industrial furnace segment's substantial decline in sales from the performance of individual segments. - FY2021-Q3First statedAnnual report
「Although the industrial furnace and boiler-related businesses performed steadily,」
It is stated for the first time that the industrial furnace and boiler-related businesses performed steadily.