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Miyairi Valve Mfg. (6495) · InitiativeDecline in sales of equipment valves

Expanding Equipment Valve Sales by Changing Distributor Pricing Arrangements

First written in FY2018-Q1. 4 of 12 entries say "Restated". Latest entry: FY2026.

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10years
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018-Q1 – FY2018OtherFY2021-Q2 – FY2022-Q1MitigatedFY2023 – FY2024-Q12017: 220172018: 220182019: 020192020: 220202021: 320212022: 020222023: 220232024: 020242025: 020252026: 12026
Same theme, other companies
Expanding and deepening the network of sales partners and business alliancesA theme 131 companies write about · 1 as a headwind · 148 as a tailwind

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

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Showing 14 of the 131 companies compared. The sentences above are computed from all 131.
Full recordFilings, disclosures and news, newest first
  1. FY2026Decline in sales of equipment valvesAnnual report

    「Bulk accessories declined to ¥872 million, down 13.9% from the previous fiscal year. Industrial equipment accessories declined to ¥851 million, down 6.6%, and vehicle-mounted accessories declined to ¥147 million, down 16.3%.」

    Equipment valves, for which sales had expanded through selling price reviews, changes in distributor transaction terms and shorter delivery times, generated net sales of ¥851 million, down 6.6% from the previous fiscal year.
  2. FY2024-Q1MitigatedAnnual report

    「Although revenue from industrial products, bulk accessories, automotive products and other items increased year on year, LP gas cylinder valve revenue was affected by the decline following the rush demand ahead of the product price increase in the previous corresponding period.」

    Sales of equipment valves, which had declined amid the COVID-19 pandemic and other factors, increased year on year in the first quarter, indicating a recovery in sales.
  3. FY2023MitigatedAnnual report

    「Sales of equipment valves increased as construction projects recovered, reaching ¥852 million, up 12.4% from the previous fiscal year.」

    Sales of equipment valves, which had declined amid the COVID-19 pandemic and other factors, increased 12.4% from the previous fiscal year as construction projects recovered.
  4. FY2022-Q1Year-on-year decline in sales of equipment valvesAnnual report

    「Among product and merchandise revenue, revenue from LP gas cylinder valves, bulk accessories and automotive products increased year on year, while revenue from industrial and marine products decreased year on year.」

    Sales of equipment valves, which had increased through selling price reviews, changes in pricing arrangements with distributors and shorter delivery times, declined year on year in the first quarter.
  5. FY2021Sales decline due to the COVID-19 pandemicAnnual report

    「In addition, sales of equipment valves declined as construction projects decreased amid the COVID-19 pandemic, with net sales totaling ¥786 million, down 10.9% from the previous fiscal year.」

    Sales of equipment valves, which had increased through price reviews, changes in pricing arrangements with distributors and shorter delivery times, declined 10.9% from the previous fiscal year as construction projects decreased amid the COVID-19 pandemic.
  6. FY2021-Q3RestatedAnnual report

    「Among product and merchandise revenue, revenue from LP gas cylinder valves and industrial valves decreased year on year, while revenue from automotive, marine and bulk accessories increased year on year.」

    The year-on-year decline in sales of equipment valves, which had increased through selling price reviews, changes in pricing arrangements with distributors and shorter delivery times, has continued.
  7. FY2021-Q2Year-on-year decline in sales of equipment valvesAnnual report

    「Among product and merchandise revenue, revenue from LP gas cylinder valves and industrial valves decreased year on year, while revenue from automotive, marine and bulk accessories increased year on year.」

    Sales of equipment valves, which had increased through selling price reviews, changes in pricing arrangements with distributors and shorter delivery times, declined year on year in the cumulative second quarter.
  8. FY2020-Q3AdvancedAnnual report

    「Valves for equipment increased as a result of a campaign, while marine valves also recovered from the decline in the previous fiscal year and increased.」

    The Company explained that sales of equipment valves increased as a result of the campaign.
  9. FY2018RestatedAnnual report

    「For industrial equipment valves, a review of sales prices implemented from the beginning of the previous fiscal year, a change in the method of settling transactions with distributors and shorter lead times proved effective, and sales increased 10.2% year on year.」

    The Company also explained for the full fiscal year the relationship between sales expansion measures, including the change in distributor pricing arrangements, and the increase in sales.
  10. FY2018-Q3RestatedAnnual report

    「For industrial equipment valves, a review of sales prices implemented from the beginning of the previous fiscal year, a change in the method of settling transactions with distributors and shorter lead times proved effective, and sales increased 17.2% year on year.」

    The Company continues to explain the expansion of equipment valve sales through a combination of changes in pricing arrangements with distributors, selling price reviews and shorter delivery times.
  11. FY2018-Q2RestatedAnnual report

    「For industrial equipment valves, a review of sales prices implemented from the beginning of the previous fiscal year, a change in the method of settling transactions with distributors and shorter lead times proved effective, and sales increased 14.2% year on year.」

    The Company reiterated the measures combining a change in pricing arrangements with distributors, a review of selling prices and shorter delivery times, as well as the resulting 14.2% year-on-year increase in sales of equipment valves.
  12. FY2018-Q1First statedAnnual report

    「For industrial equipment valves, a review of sales prices implemented from the beginning of the previous fiscal year, a change in the method of settling transactions with distributors from order-based discounts to sales-based sales incentives, and shorter lead times proved effective, and sales increased 19.0% year on year.」

    The Company changed order-based discounts for distributors to sales incentives linked to sales, and combined this with price reviews and shorter delivery times to expand sales of equipment valves.
Moved together

"Cost Reduction Through Production Leveling and In-House Component Production" moved the same way as this thread, in the same document, in 3 of its 12 moves.

322222★123456
  1. ★This thread
  2. 1Cost Reduction Through Production Leveling and In-House Component Production3×
  3. 2Fluctuations in Raw Material Prices for Brass, Castings and Other Materials, and in Foreign Exchange Rates2×
  4. 3Continued Stable Dividends and a ¥1 Dividend for the Current Period2×
  5. 4Decrease in revenue due to lower scrap sales revenue2×
  6. 5Operating, Ordinary and Net Losses for the Cumulative Second Quarter2×
  7. 6Improving Average Selling Prices and Profitability Through a Pricing Review2×

★ 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.

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No upcoming earnings preview for Miyairi Valve Mfg. yet.
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Expanding Equipment Valve Sales by Changing Distributor Pricing Arrangements | MIYAIRI VALVE MFG.CO.,LTD. (6495) | Komori