Komori
Miyairi Valve Mfg. (6495) · FactIncrease in scrap sales revenueLatest Earnings (2026-08-10): "Other"

Decrease in revenue due to lower scrap sales revenue

First written in FY2020-Q1. 10 of 22 entries say "Mitigated", first in FY2020-Q2. Latest entry: 2026-08-10.

22entries
8years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseMitigatedFY2022 – FY2023OtherFY2024-Q2 – 2026-08-102019: 220192020: 420202021: 420212022: 320222023: 320232024: 320242025: 120252026: 22026
Same theme, other companies
Fluctuations in consolidated net sales due to changes in scrap salesA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-10OtherEarnings

    「Sales of scrap generated during production also increased as a result of higher plant utilization and higher prices.」

    Sales of production scrap increased year on year, driven by higher plant utilization and prices.
  2. FY2026Increase in scrap sales revenueAnnual report

    「Scrap sales revenue also came to ¥1,151 million, up 13.9% year on year, bringing total revenue to ¥7,044 million, up 3.8%.」

    Scrap sales revenue, which had fluctuated through the previous fiscal year due to outsourcing and other factors, rose to ¥1,151 million, up 13.9% year on year, as plant utilization and prices increased.
  3. FY2025Increase in scrap sales revenueAnnual report

    「Revenue from scrap generated through operations was ¥1,010 million, up 14.8% year on year, bringing total revenue to ¥6,785 million, up 10.2%.」

    Scrap sales revenue, which had declined through the previous fiscal year due in part to outsourcing, turned upward in the current fiscal year, rising to ¥1,010 million, up 14.8% year on year.
  4. FY2025-H1Continued decline in scrap sales revenue due to outsourcingAnnual report

    「Meanwhile, scrap sales revenue declined despite plant utilization remaining at the same level as in the previous year, due in part to the outsourcing of some parts.」

    Plant utilization was at the same level as in the previous year, but scrap sales revenue fell 4.3% year on year to ¥486 million due in part to the outsourcing of some parts.
  5. FY2024Decrease in machining scrap sales revenue due to outsourcingAnnual report

    「Meanwhile, scrap sales revenue came to ¥880 million, down 16.8% year on year, because the generation of machining scrap declined as some parts were outsourced for greater efficiency」

    Outsourcing some parts reduced machining scrap generation, resulting in a 16.8% year-on-year decline in scrap sales revenue.
  6. FY2024-Q3Slower plant operations due to inventory adjustmentsAnnual report

    「Scrap sales revenue also declined because plant operations were slowed for inventory adjustments.」

    Scrap sales revenue, which had increased through the previous fiscal year, fell 12.8% year on year to ¥693 million for the cumulative third quarter because plant operations were slowed for inventory adjustments.
  7. FY2024-Q2Decrease in scrap sales revenueAnnual report

    「Scrap sales revenue also declined because lower product sales reduced plant utilization.」

    Scrap sales revenue, which had increased in FY2023, fell 9.4% year on year to ¥508 million for the cumulative second quarter as product sales declined and plant utilization decreased.
  8. FY2023MitigatedAnnual report

    「Scrap sales revenue also increased substantially because higher plant utilization generated more scrap and the purchase price of brass material remained elevated after surging.」

    Scrap sales revenue rose 25.2% year on year for the cumulative third quarter and increased to ¥1,057 million for the full year, driven by higher plant utilization and elevated brass material prices.
  9. FY2023-Q3MitigatedAnnual report

    「Scrap sales revenue also increased substantially because higher plant utilization generated more scrap and the purchase price of brass material remained elevated after surging.」

    Scrap sales revenue, which had declined due to shutdowns in the previous fiscal year, continued to increase as plant utilization rose and brass material purchase prices remained elevated. Scrap sales revenue for the cumulative third quarter was ¥794 million, up 25.2% year on year.
  10. FY2023-Q1MitigatedAnnual report

    「Scrap sales revenue increased substantially because plant utilization was raised and the purchase price of brass material surged.」

    Scrap sales revenue, which had declined due to lower plant utilization caused by shutdowns in the previous fiscal year, turned upward as plant utilization rose and the purchase price of brass material surged.
  11. FY2022MitigatedAnnual report

    「Scrap sales revenue had been restrained in the previous fiscal year because the Company implemented shutdowns as far as possible as a COVID-19 countermeasure, reducing plant utilization and scrap generation. In the current fiscal year, it increased substantially because plant utilization was raised to normal levels and brass material (scrap) prices surged.」

    Scrap sales revenue, which had declined due to lower plant utilization caused by shutdowns, rose 85.2% year on year as utilization recovered to normal levels and brass material prices surged.
  12. FY2022-Q3RestatedAnnual report

    「Scrap sales revenue increased substantially because plant utilization was higher than in the previous fiscal year, when partial shutdowns were implemented, resulting in greater scrap generation, and because brass material prices surged.」

    Scrap sales revenue, which had declined due to lower plant utilization caused by shutdowns in the previous fiscal year, continued to increase against a backdrop of higher plant utilization and surging brass material prices.
  13. FY2022-Q2MitigatedAnnual report

    「Revenue for the cumulative second quarter was ¥2,231 million from product and merchandise sales, up 10.7% year on year, and ¥407 million from scrap sales, up 116.9% year on year, for total revenue of ¥2,638 million, up 19.8% year on year.」

    Scrap sales revenue, which had declined due to shutdowns in the previous fiscal year, reversed course to rise 116.9% year on year. Product and merchandise sales revenue also rose 10.7%, resulting in a 19.8% increase in total revenue.
  14. FY2022-Q1MitigatedAnnual report

    「Revenue for the cumulative first quarter was ¥1,029 million from product and merchandise sales, up 1.9% year on year, and ¥166 million from scrap sales, up 74.2% year on year, for total revenue of ¥1,196 million, up 8.1% year on year.」

    Scrap sales revenue, which had declined due to company-wide shutdowns in the previous fiscal year, rose 74.2% year on year on higher plant utilization and the impact of surging brass material prices, reversing the declining trend.
  15. FY2021WorsenedAnnual report

    「In addition, as a result of implementing company-wide shutdowns as far as possible to prevent the spread of COVID-19, plant utilization declined, causing scrap sales revenue to fall substantially and total revenue to decline year on year.」

    Scrap sales revenue was ¥464 million, down 19.0% year on year, continuing the decline seen in the previous fiscal year. The decline in plant utilization due to company-wide shutdowns was identified as a contributing factor.
  16. FY2021-Q3MitigatedAnnual report

    「Revenue for the cumulative third quarter was ¥3,135 million from product and merchandise sales, up 1.1% year on year, and ¥320 million from scrap sales, down 22.8% year on year, for total revenue of ¥3,455 million, down 1.7% year on year.」

    Scrap sales revenue continued to decline, but the year-on-year rate of decline narrowed from 36.7% in the cumulative second quarter to 22.8%.
  17. FY2021-Q2Widening decline in scrap sales revenueAnnual report

    「Revenue for the cumulative second quarter was ¥2,014 million from product and merchandise sales, up 2.3% year on year, and ¥187 million from scrap sales, down 36.7% year on year, for total revenue of ¥2,202 million, down 2.8% year on year.」

    Scrap sales revenue fell 36.7% year on year, a sharper decline than the 31.2% decline in the previous first quarter and the 6.8% decline for the previous fiscal year. The Company explained that plant shutdowns to prevent the spread of COVID-19 reduced scrap generation at its plants.
  18. FY2021-Q1Widening decline in scrap sales revenueAnnual report

    「Revenue for the cumulative first quarter was ¥1,010 million from product and merchandise sales, up 8.2% year on year, and ¥95 million from scrap sales, down 32.2% year on year, for total revenue of ¥1,106 million, up 2.9% year on year.」

    Scrap sales revenue fell 32.2% year on year, a sharper decline than the 31.2% decline in the previous first quarter. Product and merchandise sales revenue rose 8.2%, and total revenue increased 2.9%.
  19. FY2020MitigatedAnnual report

    「Revenue for the fiscal year was ¥2,745 million from brass-valve-related products, down 4.8% year on year; ¥1,301 million from steel-valve-related products, up 4.6%; ¥101 million from Other, down 12.3%; and ¥573 million from scrap, down 6.8%, for total revenue of ¥4,722 million, down 2.8% year on year.」

    Scrap sales revenue continued to decline, but the rate of decline narrowed from 11.2% in the cumulative third quarter to 6.8% for the full year.
  20. FY2020-Q3MitigatedAnnual report

    「Revenue for the cumulative third quarter was ¥3,100 million from product and merchandise sales, up 0.9% year on year, and ¥414 million from scrap sales, down 11.2% year on year, for total revenue of ¥3,515 million, down 0.7% year on year.」

    Scrap sales revenue continued to decline, but the year-on-year rate of decline narrowed from 17.5% in the cumulative second quarter to 11.2%. Product and merchandise sales revenue rose 0.9%.
  21. FY2020-Q2MitigatedAnnual report

    「Revenue for the cumulative second quarter was ¥1,969 million from product and merchandise sales, up 4.3% year on year, and ¥296 million from scrap sales, down 17.5% year on year, for total revenue of ¥2,265 million, up 0.8% year on year.」

    Scrap sales revenue continued to decline, but the rate of decline narrowed from 31.2% year on year to 17.5%. Total revenue rose 0.8% year on year, driven by higher product and merchandise sales revenue.
  22. FY2020-Q1First statedAnnual report

    「Revenue for the cumulative first quarter was ¥933 million from product and merchandise sales, up 1.2% year on year, and ¥140 million from scrap sales, down 31.2% year on year, for total revenue of ¥1,074 million, down 4.7% year on year.」

    Product and merchandise sales revenue rose 1.2% year on year, while scrap sales revenue fell 31.2%, resulting in a 4.7% year-on-year decline in total revenue.
Moved together

"Declining demand for valves for LP gas cylinders as the cylinder reinspection demand cycle enters a downturn" moved the same way as this thread, in the same document, in 7 of its 22 moves.

766554★123456
  1. ★This thread
  2. 1Declining demand for valves for LP gas cylinders as the cylinder reinspection demand cycle enters a downturn7×
  3. 2Cost Reduction Through Production Leveling and In-House Component Production6×
  4. 3Improving Average Selling Prices and Profitability Through a Pricing Review6×
  5. 4Continued Stable Dividends and a ¥1 Dividend for the Current Period5×
  6. 5Negative Operating Cash Flow Due to an Increase in Inventories5×
  7. 6Capital Investment to Rationalize Production Facilities and Reduce Costs4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Miyairi Valve Mfg. yet. It last moved in the Earnings of 2026-08-10: "Other".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Decrease in revenue due to lower scrap sales revenue | MIYAIRI VALVE MFG.CO.,LTD. (6495) | Komori