Improved order conditions have yet to flow through to results
First written in FY2017-Q2. 7 of 11 entries say "Advanced", first in FY2024. Latest entry: 2026-10-14.
The whole theme swung hardest in 2020: 29 of 142 companies on the "Worse" side.
16 other companies' latest entry also says "Advanced".
- 2026-07-10RestatedEarnings
「Regarding the full-year consolidated earnings forecasts for the fiscal year ending February 2027, although orders received have remained solid, we will leave the forecasts announced on 10 April 2026 unchanged at this time in order to carefully assess the extent to which operations have become established following the migration of the core systems, which was undertaken to strengthen our management foundation.」
The explanation that current orders received have remained solid continues to be provided. - FY2026AdvancedAnnual report
「In this environment, our group's revenue increased from the previous fiscal year, when we were working to normalize the order backlog, as a result of reliably converting new orders into revenue.」
The improvement in the order environment progressed from the stage of reducing the order backlog to the stage of reliably converting new orders into sales. - FY2026-H1AdvancedAnnual report
「In this environment, our group's revenue was nearly flat and exceeded expectations, as a result of reliably converting new orders into revenue compared with the previous year, when we were working to normalize the order backlog.」
The explanation shifted from reducing the existing order backlog to reliably converting new orders into sales, and revenue came in above expectations. - FY2024AdvancedAnnual report
「Production, which had been delayed by supply chain disruptions, normalized, and revenue increased from the previous fiscal year as the order backlog was reduced.」
The improvement in the order environment has been reflected in the reduction of the order backlog and higher full-year revenue. - FY2024-Q3RestatedAnnual report
「Production, which had been delayed by supply chain disruptions such as parts shortages, normalized, and revenue increased year on year as the order backlog was reduced.」
The explanation that the reduction of the order backlog was reflected in higher sales was confirmed again in the nine months ended the third quarter, following the nine months ended the second quarter. - FY2024-Q2Order backlog reduction reflected in revenue growthAnnual report
「Production, which had been delayed by supply chain disruptions such as parts shortages, normalized, and revenue increased as the steady reduction of the order backlog led to revenue growth.」
Although it had previously been explained that improvements in the order environment had not been reflected in earnings, it was stated that in the current quarter the steady reduction of the order backlog led to higher sales and revenue growth. - FY2017-Q2First statedAnnual report
「Although order conditions have improved, this has not yet been reflected in business performance.」
It was explained that the order environment had improved through the development of new business areas and the launch of new products, but the improvement had not yet been reflected in the current quarter's results.