Demand risk in specific markets, including weak demand for oil and gas in the United States
First written in FY2017-Q2. 14 of 28 entries say "Restated". Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1Demand remained strong across multiple markets in the AmericasAnnual report
「The Americas: Strong demand for data centers and semiconductors continued, while capital investment for automotive and general industrial applications also remained firm. In addition, large-scale oil and gas-related projects increased, and demand remained at a high level.」
In the Americas, demand for data centers and semiconductors and for oil and gas-related applications expanded and remained at high levels. The previous differences in strength by market have shifted to a situation in which demand growth in multiple fields coexists with firm automotive and general industrial demand. - 2026-10-09MitigatedRevisions to earnings forecasts
「Demand remained at a high level, with an increase in large-scale oil and gas-related projects as well.」
In the Americas, the disclosure indicated an increase in large-scale oil and gas-related projects and high demand. - FY2026In the Americas, growth in air-conditioning and oil and gas markets coexisted with weakness in automobiles and machine tools.Annual report
「Demand was on an expansionary trend, centered on general industry, air-conditioning-related products including those for data centers, oil and gas-related products, and power conditioners for solar power generation. Meanwhile, demand in the automotive and machine tool markets remained sluggish.」
The risk profile of specific markets in the Americas shifted to one in which expansion in oil and gas and air-conditioning-related markets coexisted with weakness in automotive and machine tool markets. - FY2026-H1U.S. oil and gas weakness coexisting with resilient air-conditioning demandAnnual report
「Americas: The oil and gas-related market, along with the semiconductor and automotive markets, remained weak as the decline in crude oil prices and continuing uncertainty over capital investment trends led to revisions of investment plans. Meanwhile, demand for air-conditioning-related products, including those for data centers, remained resilient.」
In the Americas, the oil and gas-related market weakened due to lower crude oil prices and revisions to capital investment plans, while demand for air-conditioning-related products, including those for data centers, remained resilient. - FY2025U.S. investment restraint coexisting with a recovery in semiconductor demandAnnual report
「Americas: Demand in the oil and gas and general industrial sectors was affected by restrained investment ahead of the presidential election, while semiconductor-related demand recovered gradually and investment in the automotive market remained resilient.」
U.S. oil and gas and general industrial demand was affected by restrained investment, while semiconductor-related demand and automotive investment remained resilient. - FY2025-Q1RestatedAnnual report
「United States: In addition to a recovery in semiconductor-related demand, capital investment in the oil and gas and automotive markets remained firm.」
It was explained that capital investment related to U.S. oil and gas demand remained firm alongside the automotive market and semiconductor-related demand, reaffirming the previous recovery and expansionary trend. - FY2024RestatedAnnual report
「Although capital investment in oil and gas-related operations and automation investment in general industry continued, demand remained sluggish, including as the semiconductor market remained weak.」
U.S. oil and gas-related demand continued, while the lack of growth in demand due to the weak semiconductor market and other factors was also noted. - FY2023-Q3RestatedAnnual report
「Oil and gas-related demand also grew in the United States throughout the period.」
It was explained that U.S. oil and gas-related demand, which had fallen sharply in the previous fiscal year, grew throughout the period even in the nine months ended the third quarter. - FY2023-Q2RestatedAnnual report
「Overall demand was on an expansionary trend, with oil and gas-related demand also remaining at a high level.」
U.S. oil and gas-related demand, which had fallen sharply in the previous fiscal year, remained at a high level and supported sales in the inverter business. quantified is false, materialized is false. - FY2023-Q1MitigatedAnnual report
「Sales remained strong in the United States, driven by demand associated with the normalization following the COVID-19 pandemic and increased capital investment in the oil and gas sector.」
U.S. oil and gas-related demand, which had fallen sharply in the previous fiscal year, turned toward strong sales on the back of normalization following the COVID-19 pandemic and increased capital investment. quantified is false, materialized is false. - FY2022MitigatedAnnual report
「Overall demand was on an expansionary trend, as U.S. oil and gas-related demand also began to recover toward the end of the period.」
U.S. oil and gas demand, which had fallen sharply in the previous fiscal year, began to recover toward the end of the period. - FY2021WorsenedAnnual report
「Although orders were showing signs of recovery toward the end of the period, revenue declined as the U.S. oil and gas market experienced a substantial downturn.」
Previously resilient U.S. oil and gas demand fell sharply, becoming a factor behind lower revenue in the inverter business. - FY2021-Q3WorsenedAnnual report
「Global demand remained sluggish, including a substantial downturn in the U.S. oil and gas market, and revenue declined.」
Previously resilient U.S. oil and gas-related demand fell sharply, becoming a factor behind lower revenue in the inverter business. - FY2021-Q2RestatedAnnual report
「Although infrastructure-related demand in China remained firm, revenue declined amid a substantial downturn in U.S. oil and gas-related demand.」
The continued substantial downturn in U.S. oil and gas-related demand became a factor behind lower revenue in the inverter business. - FY2021-Q1WorsenedAnnual report
「Although domestic sales remained resilient, revenue declined year on year and operating income also remained sluggish, amid a substantial downturn in U.S. oil and gas-related demand.」
Previously resilient U.S. oil and gas-related demand fell sharply in FY2021-Q1, becoming a factor behind lower revenue in the inverter business. - FY2020-Q3RestatedAnnual report
「Although sales in the inverter business remained resilient in the United States and other markets, sales in the AC servo motor and controller business declined globally, substantially affected by sluggish demand, resulting in lower revenue and operating income for the segment as a whole.」
While U.S. oil and gas-related demand remained resilient, capital investment stagnation in other regions and continued sluggish demand for AC servo motors and controllers remained concerns. - FY2020-Q2RestatedAnnual report
「Although sales in the inverter business remained resilient in the United States, China and other markets, sales in the AC servo motor and controller business declined globally, substantially affected by sluggish demand.」
While U.S. oil and gas-related demand and investment to comply with environmental regulations in China remained resilient, sluggish demand outside the inverter business led to lower overall motion control revenue. - FY2019RestatedAnnual report
「Sales remained firm globally, supported by resilient demand in the United States for oil and gas-related products and other applications.」
It was explained that previously sluggish U.S. oil and gas-related demand remained resilient, supporting global sales in the inverter business. - FY2019-Q3RestatedAnnual report
「Global sales remained firm as infrastructure-related demand increased in Japan and demand related to oil and gas in the United States remained resilient.」
It was explained that demand related to the U.S. oil and gas industry remained resilient, supporting global sales in the inverter business. - FY2019-Q2RestatedAnnual report
「Global sales remained strong as demand for energy efficiency measures associated with tighter environmental regulations in China and demand related to oil and gas in the United States remained at high levels.」
The disclosure states that previously weak US demand related to oil and gas remained at a high level and that demand for energy efficiency measures in China supported sales. - FY2019-Q1RestatedAnnual report
「Sales remained firm as demand related to environmental measures in China recovered and demand related to oil and gas in the United States remained resilient.」
The recovery in demand related to environmental measures in China and resilience in US oil and gas demand continued, and inverter sales remained firm. - FY2018MitigatedAnnual report
「Sales remained strong and operating profit improved as a result of recovering demand related to oil and gas in the United States and recovering infrastructure investment in China.」
The disclosure states that the recovery in previously weak US demand related to oil and gas led to strong sales and higher operating profit in the inverter business. - FY2018-Q3RestatedAnnual report
「• Sales increased year on year, and profitability also improved, against a backdrop of recovering infrastructure investment in China and recovering demand related to oil and gas in the United States.」
The disclosure states that the recovery in previously weak US demand related to oil and gas continued, leading to improved sales and profitability in the inverter business. - FY2018-Q2Recovery in Some Areas of Demand Coexisting with Stagnation in Other MarketsAnnual report
「• Sales remained firm against a backdrop of recovering infrastructure investment in China and recovering demand related to oil and gas in the United States.」
While previously weak US demand related to oil and gas recovered and inverter sales remained firm, sales of products related to power conditioners for solar power generation stagnated due to weakness in the US market. - FY2017RestatedAnnual report
「Sales remained sluggish due to weak demand for oil and gas-related products in the United States and for power conditioners for solar power generation in Japan.」
Weak demand for oil and gas in the United States and for power conditioners for solar power generation in Japan continued throughout the fiscal year. - FY2017-Q4RestatedAnnual report
「Although signs of a recovery were seen in inverter markets related to exports from China and elsewhere, sales stagnated because demand for oil and gas-related products in the United States and power conditioners for solar power generation in Japan remained weak.」
Weak demand for oil and gas in the United States and for power conditioners for solar power generation in Japan continues. - FY2017-Q3WorsenedAnnual report
「Inverters saw declines in both net sales and operating profit year on year, as demand related to oil and gas in the United States remained sluggish and sales of power conditioners for photovoltaic power generation in Japan and overseas struggled to grow.」
Weakness in US oil and gas demand continued, while sluggish sales of power conditioners for solar power generation in Japan and overseas emerged as lower revenue and lower profit. - FY2017-Q2First statedAnnual report
「Inverters saw declines in both net sales and operating profit year on year, as demand related to oil and gas in the United States remained sluggish and sales of power conditioners for photovoltaic power generation in Japan struggled to grow.」
Continued weakness in US demand related to oil and gas and sluggish sales of power conditioners for solar power generation in Japan emerged as lower revenue and lower profit for the quarter under review.