Risk of Lower FPSC Shipments Due to Inventory Adjustments by Major Overseas Customers
First written in FY2025-Q1. 2 of 7 entries say "Restated". Latest entry: FY2027-H1.
1 other company's latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「In the FPSC business, orders for Stirling refrigerators installed in fuel measuring instruments for existing overseas customers remained firm, and the Company also secured new orders for Stirling refrigerators for temperature calibrators.」
For FPSC products supplied to overseas customers, which had been a factor behind lower shipments through the previous fiscal year, orders from existing customers remained firm and the Company also secured new orders for temperature calibrators. - FY2026WorsenedAnnual report
「In the FPSC business, amid the impact of U.S. trade policy, a major U.S. customer began reviewing its inventory plans, causing the expected orders to be delayed.」
In addition to inventory adjustments by major overseas customers through the previous fiscal year, the impact of U.S. trade policy and inventory-plan revisions caused delays in expected orders. - 2026-04-14RestatedEarnings
「Our major U.S. customer moved to review its inventory plan, causing the orders initially expected to be delayed.」
Continued reviews of inventory plans by major North American customers have affected the FPSC business through delayed orders. - FY2026-H1MitigatedAnnual report
「In the FPSC business, orders remained firm as inventory adjustments progressed at a major customer in North America, and revenue remained at about the same level as in the same period of the previous fiscal year. Profit increased year on year due to price revisions and other factors. As a result, revenue for the interim accounting period was ¥156 million, down 2.3% year on year, while segment profit was ¥13 million, an increase of ¥5 million year on year.」
Inventory adjustments by the major North American customer, which had been a factor behind lower FPSC shipments through the previous fiscal year, progressed and orders remained firm. Revenue was at about the same level as in the same period of the previous fiscal year, while segment profit increased by ¥5 million year on year. - FY2025ReframedAnnual report
「The FPSC business reported lower revenue than in the previous fiscal year because sales of transport containers for vaccines destined for the United States reached a plateau as the COVID-19 pandemic subsided.」
Whereas lower shipments due to inventory adjustments by major overseas customers had been the factor behind lower revenue through the previous fiscal year, the Company attributed the decline in revenue in the current fiscal year to sales of transport containers for vaccines destined for the United States reaching a plateau as the COVID-19 pandemic subsided. - FY2025-H1RestatedAnnual report
「In the FPSC business, revenue and profit declined year on year because shipments decreased as a major overseas customer supplied with standalone refrigeration units adjusted its inventory. As a result, revenue for the interim accounting period was ¥159 million, down 50.6% year on year, and segment profit was ¥7 million, down 90.1% year on year.」
The impact of lower FPSC shipments due to inventory adjustments by major overseas customers continued into the interim period, appearing as declines in revenue and segment profit. - FY2025-Q1First statedAnnual report
「The FPSC business reported lower revenue and profit than in the same period of the previous fiscal year because shipments declined as major overseas customers supplying standalone refrigeration units adjusted their inventories.」
In the FPSC business, inventory adjustments by major overseas customers supplying standalone refrigeration units materialized as lower shipments, resulting in a 44.9% year-on-year decline in revenue and a 92.8% decline in profit.