Decline in profitability of the mirror polishing machine business due to lower sales to the industrial machinery sector
First written in FY2016-Q2. 13 of 36 entries say "Worsened", first in FY2016-Q3. Latest entry: 2026-10-26.
No other company in this theme has enough history to compare yet.
- 2026-10-26AdvancedEarnings
「機械修理・メンテナンス及び砥石等の研磨に使用する消耗品の販売が増加したことから、売上高は増加いたしました。損益については、売上高増加に伴う影響により増益となりました。」
鏡面研磨機事業で修理・メンテナンスおよび消耗品の販売が増加し、増収増益となった。 - FY2026-H1MitigatedAnnual report
「Although orders for consumables used for polishing, including grinding wheels, and machine repair and maintenance increased, net sales declined due to the decrease following the previous year’s corresponding period, when polishing machines for film processing for lithium-ion batteries were sold. Profit increased due to the impact of improved polishing machine margins. As a result, net sales were ¥198 million, down 8.2% year on year, and segment profit was ¥40 million, up 24.0%.」
Revenue declined following the previous year’s large sales, but segment profit increased 24.0% due to improved polishing machine margins. - 2026-07-30AdvancedEarnings
「損益については、研磨機における利益率改善に伴う影響により増益となりました。」
リチウムイオン電池用フィルム加工向け研磨機販売の反動減で売上高は減少したが、利益率改善によりセグメント利益は前年同期比24.0％増となった。 - FY2025RestatedAnnual report
「Although sales of polishing machines for film processing for lithium-ion batteries, sales from machine repair and maintenance, and sales of consumables used for polishing, including grinding wheels, decreased, net sales increased as sales of polishing machines for gravure printing machines, construction machinery and other applications rose. Profit increased due to the impact of higher net sales. As a result, net sales were ¥445 million, up 5.6% year on year, and segment profit was ¥70 million, up 0.8%.」
The polishing machine business maintained higher revenue and profit despite changes in its customer mix, supported by higher sales to gravure printing machine and construction machinery customers. - FY2025-H1AdvancedAnnual report
「Net sales increased as sales of polishing machines for film processing for lithium-ion batteries and gravure printing machines rose. Profit increased due to the impact of higher net sales and improved polishing machine margins. As a result, net sales were ¥216 million, up 12.5% year on year, and segment profit was ¥32 million, up 98.7%.」
In the mirror polishing machine business, higher sales for film processing for lithium-ion batteries and gravure printing machines, together with improved margins, resulted in a 12.5% increase in revenue and a 98.7% increase in segment profit. - FY2024AdvancedAnnual report
「Net sales increased as sales of polishing machines for film processing for lithium-ion batteries, gravure printing machines and other applications rose. Profit increased due to the impact of higher net sales. As a result, net sales were ¥421 million, up 6.3% year on year, and segment profit was ¥69 million, up 40.7%.」
In the mirror polishing machine business, higher sales for film processing for lithium-ion batteries, gravure printing machines and other applications lifted full-year net sales to ¥421 million and segment profit to ¥69 million. - FY2024-Q2MitigatedAnnual report
「Net sales increased as sales of polishing machines for film processing for lithium-ion batteries rose. Although the gross profit margin declined due to higher labor costs and other expenses, profit increased due to the impact of higher net sales. As a result, net sales were ¥192 million, up 26.0% year on year, and segment profit was ¥16 million, up 0.4%.」
In the mirror polishing machine business, higher sales of polishing machines for film processing for lithium-ion batteries drove a 26.0% increase in revenue. Despite a lower gross margin due to higher labor costs, profit increased 0.4%. - FY2024-Q1AdvancedAnnual report
「Net sales increased as sales of polishing machines and consumables used for polishing for film processing for lithium-ion batteries rose. The segment returned to profitability due to the impact of higher net sales. As a result, net sales were ¥102 million, up 102.9% year on year, and segment profit was ¥8 million, compared with a segment loss of ¥0 million in the previous year’s corresponding quarter.」
Higher sales of polishing machines and consumables for film processing for lithium-ion batteries drove a 102.9% increase in revenue, returning the segment from a loss to profit of ¥8 million. - FY2023AdvancedAnnual report
「Sales increased due to higher sales of polishing machines and consumables used for polishing, including products for film processing for lithium-ion batteries, and more orders for machine repair and maintenance. Profit increased due to the impact of higher net sales. As a result, net sales were ¥396 million, up 24.8% year on year, and segment profit was ¥49 million, up 157.8%.」
Higher orders for polishing machines and consumables for film processing for lithium-ion batteries and other applications, together with more repair and maintenance orders, resulted in a 24.8% increase in revenue and a 157.8% increase in segment profit. - FY2023-Q3AdvancedAnnual report
「Net sales increased as sales of polishing machines and consumables used for polishing, including products for film processing for lithium-ion batteries, rose and orders for machine repair and maintenance remained firm. The segment returned to profitability due to the impact of higher net sales. As a result, net sales were ¥207 million, up 44.1% year on year, and segment profit was ¥22 million, compared with a segment loss of ¥6 million in the previous year’s corresponding quarter.」
Higher sales of polishing machines and consumables for film processing for lithium-ion batteries and other applications, together with more repair and maintenance orders, drove a 44.1% increase in revenue and a return from the previous year’s loss to segment profit of ¥22 million. - FY2023-Q2MitigatedAnnual report
「Net sales increased as orders for machine repair and maintenance remained firm and sales of polishing machines and consumables used for polishing, including products for film processing for lithium-ion batteries, rose. The segment returned to profitability due to the impact of higher net sales. As a result, net sales were ¥152 million, up 37.8% year on year, and segment profit was ¥16 million, compared with a segment loss of ¥1 million in the previous year’s corresponding quarter.」
Higher repair and maintenance revenue and sales of polishing machines and consumables for film processing for lithium-ion batteries and other applications drove a 37.8% increase in revenue, returning segment results to profitability. - FY2023-Q1WorsenedAnnual report
「Although orders for machine repair and maintenance increased, net sales declined due to the decrease following the previous year’s corresponding quarter, when a large project involving a polishing machine for metal rolling and processing was sold. The segment reported a loss due to the impact of lower net sales. As a result, net sales were ¥50 million, down 37.3% year on year, and the segment reported a loss of ¥0 million, compared with segment profit of ¥3 million in the previous year’s corresponding quarter.」
Higher repair and maintenance orders could not offset the decline, with the decrease following the previous year’s large polishing machine project resulting in a 37.3% decline in revenue and a swing from profit to a loss. - FY2022-Q3MitigatedAnnual report
「Sales increased due to higher orders for large polishing machines for metal rolling and processing, consumables used for cylinder polishing for construction machinery, and machine repair and maintenance associated with used machine sales. Despite the impact of higher selling, general and administrative expenses, including labor costs, the loss narrowed due to the impact of higher net sales. As a result, net sales were ¥144 million, up 24.9% year on year, and the segment reported a loss of ¥6 million, compared with a segment loss of ¥20 million in the previous year’s corresponding quarter.」
Higher orders for large polishing machines, consumables, and repair and maintenance associated with used machines drove a 24.9% increase in revenue, narrowing the segment loss from ¥20 million to ¥6 million. - FY2022-Q2MitigatedAnnual report
「Sales increased due to higher orders for large polishing machines for metal rolling and processing, as well as higher orders for machine repair and maintenance and consumables used for polishing. Despite the impact of higher selling, general and administrative expenses, including labor costs, the loss narrowed due to the impact of higher net sales. As a result, net sales were ¥110 million, up 88.5% year on year, and the segment reported a loss of ¥1 million, compared with a segment loss of ¥21 million in the previous year’s corresponding quarter.」
Higher orders for large polishing machines, repair and maintenance, and consumables drove an 88.5% increase in revenue, narrowing the segment loss from ¥21 million to ¥1 million. - FY2022-Q1MitigatedAnnual report
「Amid continued restraint on capital investment in the gravure printing-related industry, the core market, net sales increased due to sales of large polishing machines for metal rolling and processing and higher sales of consumables and other products. The segment returned to profitability due to the impact of higher net sales. As a result, net sales were ¥80 million, up 87.3% year on year, and segment profit was ¥3 million, compared with a segment loss of ¥9 million in the previous year’s corresponding quarter.」
Despite continued restraint on capital investment, higher sales of large polishing machines and consumables drove an 87.3% increase in revenue, returning the segment to profitability with profit of ¥3 million from a loss. - FY2021-Q3WorsenedAnnual report
「Although sales of consumables used for polishing increased, net sales declined because polishing machine sales decreased due to customers’ continued caution over capital investment. The segment reported a loss due to the impact of lower net sales. As a result, net sales were ¥115 million, down 59.4% year on year, and the segment reported a loss of ¥20 million, compared with segment profit of ¥17 million in the previous year’s corresponding quarter.」
Higher consumables sales could not offset the decline, as greater customer caution over capital investment reduced polishing machine sales. Net sales fell 59.4%, and the segment swung from the previous year’s profit to a loss of ¥20 million. - FY2021-Q2WorsenedAnnual report
「Although sales of consumables used for polishing increased, net sales declined because polishing machine sales decreased as customers remained cautious about capital investment. The segment reported a loss due to the impact of lower net sales. As a result, net sales were ¥58 million, down 71.4% year on year, and the segment reported a loss of ¥21 million, compared with segment profit of ¥12 million in the previous year’s corresponding quarter.」
Higher consumables sales could not offset the decline, as customer caution over capital investment reduced polishing machine sales. Net sales fell 71.4%, deteriorating from the previous year’s profit to a loss of ¥21 million. - FY2021-Q1WorsenedAnnual report
「Although orders for consumables used for polishing and machine repair and maintenance increased, net sales declined because polishing machine sales decreased. The segment reported a loss due to the impact of lower net sales. As a result, net sales were ¥42 million, down 66.3% year on year, and the segment reported a loss of ¥9 million, compared with segment profit of ¥5 million in the previous year’s corresponding quarter.」
Higher orders for consumables and repair and maintenance could not offset lower polishing machine sales, resulting in a 66.3% decline in revenue and a deterioration from the previous year’s profit to a segment loss of ¥9 million. - FY2020WorsenedAnnual report
「Although polishing machine sales remained firm, net sales declined as sales decreased due to lower orders for consumables used for polishing and machine repair and maintenance. Profit declined due to the impact of lower net sales and a higher cost of sales ratio resulting from the initial machine and other factors. As a result, net sales were ¥420 million, down 6.8% year on year, and segment profit was ¥30 million, down 57.5%.」
Polishing machine sales remained firm, but lower consumables and repair and maintenance orders and a higher cost ratio due to the initial machine resulted in a 6.8% decline in revenue and a 57.5% decline in segment profit. - FY2020-Q3WorsenedAnnual report
「Net sales declined as sales of polishing machines and consumables used for polishing decreased. Profit declined due to the impact of lower net sales and a higher cost of sales ratio resulting from the initial machine and other factors. As a result, net sales were ¥284 million, down 22.8% year on year, and segment profit was ¥17 million, down 72.1%.」
Lower polishing machine and consumables sales and a higher cost ratio due to the initial machine resulted in a 22.8% decline in revenue and a 72.1% decline in segment profit. - FY2020-Q2MitigatedAnnual report
「Although sales of consumables used for polishing decreased, net sales increased as polishing machine sales remained firm. Despite a higher cost of sales ratio due to the initial machine and other factors, the segment returned to profitability due to the impact of higher net sales. As a result, net sales were ¥205 million, up 61.5% year on year, and segment profit was ¥12 million, compared with a segment loss of ¥4 million in the previous year’s corresponding quarter.」
Although consumables sales declined and the cost ratio rose due to the initial machine, firm polishing machine sales drove an 61.5% increase in revenue, and the segment returned to profitability from a loss with profit of ¥12 million. - FY2020-Q1MitigatedAnnual report
「Although sales of consumables used for polishing and orders for machine repair and maintenance decreased, net sales increased as polishing machine sales remained firm. Despite a higher outsourced processing cost ratio due to the initial machine and other factors, profit increased due to the impact of higher net sales. As a result, net sales were ¥127 million, up 87.3% year on year, and segment profit was ¥5 million, up 181.0%.」
Although consumables and repair and maintenance declined and the outsourced processing cost ratio rose due to the initial machine, firm polishing machine sales resulted in an 87.3% increase in revenue and an 181.0% increase in segment profit. - FY2019AdvancedAnnual report
「Net sales increased as large polishing machine projects were recorded as expected and orders for machine repair and maintenance increased. Profit increased due to the impact of higher net sales and a lower materials cost ratio. As a result, net sales were ¥451 million, up 61.3% year on year, and segment profit was ¥71 million, up 288.2%.」
The recording of large projects and higher repair and maintenance orders drove net sales up 61.3% and segment profit up 288.2%. - FY2019-Q3MitigatedAnnual report
「Net sales increased as large polishing machine projects progressed as expected and machine repair and maintenance increased. Profit increased due to the impact of higher net sales and a lower materials cost ratio. As a result, net sales were ¥368 million, up 100.3% year on year, and segment profit was ¥63 million, up 534.1%.」
Progress on large polishing machine projects and higher repair and maintenance revenue substantially increased net sales and profit, easing the previous decline in profitability in terms of results. - FY2019-Q2WorsenedAnnual report
「Net sales increased as sales of polishing machines and consumables used for polishing, as well as machine repair and maintenance, rose. Despite strong orders, the segment reported a loss because the gross profit margin declined due to higher outsourced processing costs for large machines.」
Although sales and repair and maintenance revenue increased, higher outsourced processing costs for large machines lowered the gross margin, causing the segment to swing from profit to a loss. - FY2019-Q1WorsenedAnnual report
「Although sales of consumables used for polishing and machine repair and maintenance increased, net sales declined because polishing machine sales decreased. Despite strong orders, profit declined due to higher payment fees and other expenses.」
Higher consumables and repair and maintenance revenue was offset by lower polishing machine sales and higher payment fees and other expenses, resulting in lower revenue and profit. - FY2018WorsenedAnnual report
「Although orders and sales of polishing machines and other products progressed as expected, net sales declined due to longer lead times for key components and longer production lead times resulting from orders for large machines. Profit declined due to the impact of lower net sales. As a result, net sales were ¥279 million, down 25.7% year on year, and segment profit was ¥18 million, down 64.2%.」
In addition to the previous decline and lower repair and maintenance revenue, longer lead times for key components and longer production lead times caused by large machines resulted in lower revenue and profit. - FY2018-Q3WorsenedAnnual report
「Although sales of consumables used for polishing increased, net sales declined because orders for polishing machines did not progress as expected and machine repair and maintenance decreased. Profit declined due to the impact of lower net sales. As a result, net sales were ¥183 million, down 24.2% year on year, and segment profit was ¥9 million, down 71.5%.」
Sluggish progress in polishing machine orders and lower repair and maintenance revenue caused a substantial decline in net sales and segment profit. - FY2018-Q2WorsenedAnnual report
「Net sales declined as repair and maintenance services decreased and sales fell following the previous year’s corresponding quarter, when several polishing machines for industrial machinery customers were sold. Profit declined due to the impact of lower net sales. As a result, net sales were ¥116 million, down 42.7% year on year, and segment profit was ¥5 million, down 88.2%.」
Lower repair and maintenance revenue and the decline following several sales in the previous year led to a substantial decrease in net sales and segment profit. - FY2018-Q1WorsenedAnnual report
「Although sales of polishing machines and consumables used for polishing were generally in line with expectations, net sales declined due to the decrease following the previous year’s corresponding quarter, when several polishing machines for industrial machinery customers were sold. Profit declined due to the impact of lower net sales. As a result, net sales were ¥70 million, down 33.2% year on year, and segment profit was ¥3 million, down 83.6%.」
The decline following several sales to industrial machinery customers in the previous year resulted in lower revenue and profit, reversing the previous recovery trend. - FY2017-Q3AdvancedAnnual report
「Net sales increased as orders from industrial machinery and gravure printing customers, as well as sales of consumables used for polishing, both rose. The segment returned to profitability due to the impact of higher net sales. As a result, net sales were ¥242 million, up 86.4% year on year, and segment profit was ¥34 million, compared with a segment loss of ¥2 million in the previous year’s corresponding quarter.」
Higher orders from industrial machinery and gravure printing customers and higher consumables sales lifted net sales to ¥242 million and segment profit to ¥34 million, returning the segment to profitability from the previous year’s loss. - FY2017-Q2AdvancedAnnual report
「Net sales increased as orders from industrial machinery and gravure printing customers, as well as sales of consumables used for polishing, both rose. Profit increased due to the impact of higher net sales. As a result, net sales were ¥204 million, up 178.4% year on year, and segment profit was ¥42 million, up 1,952.7%.」
Higher orders from industrial machinery and gravure printing customers and higher consumables sales lifted net sales to ¥204 million and segment profit to ¥42 million. - FY2017-Q1MitigatedAnnual report
「Net sales increased as sales to industrial machinery customers and sales of machine repair, maintenance and other services rose. Profit increased due to the impact of higher net sales. As a result, net sales were ¥105 million, up 139.6% year on year, and segment profit was ¥21 million, up 2,895.1%.」
Higher sales to industrial machinery customers and higher repair and maintenance revenue continued to mitigate the risk of lower profitability in the mirror polishing machine business. - FY2016MitigatedAnnual report
「Net sales increased as sales to industrial machinery customers and sales of machine repair, maintenance and other services rose. Profit increased due to the impact of higher net sales. As a result, net sales were ¥304 million, up 21.0% year on year, and segment profit was ¥46 million, up 37.5%.」
Higher sales to industrial machinery customers and higher repair and maintenance revenue eased the concerns over declining profitability through the previous quarter on a full-year basis. - FY2016-Q3WorsenedAnnual report
「Although sales of consumables used for machine repair, maintenance and polishing increased, net sales declined because sales to industrial machinery customers and others decreased. The segment reported a loss due to the impact of lower net sales. As a result, net sales were ¥129 million, down 38.1% year on year, and the segment reported a loss of ¥2 million, compared with segment profit of ¥25 million in the previous year’s corresponding quarter.」
Despite higher sales of repair and maintenance services, lower sales to industrial machinery customers and others caused the business to swing from the previous year’s profit to a loss. - FY2016-Q2First statedAnnual report
「Although sales of consumables used for machine repair, maintenance and polishing increased, net sales declined because sales to industrial machinery customers and others decreased. Profit declined due to the impact of lower net sales. As a result, net sales were ¥73 million, down 52.1% year on year, and segment profit was ¥2 million, down 89.2%.」
Higher sales of repair and maintenance services were offset by lower sales to industrial machinery customers and others, resulting in lower revenue and profit.