Decline in demand for industrial control equipment due to customer delivery delays and other factors
First written in FY2023-Q2. 5 of 9 entries say "Mitigated", first in FY2023-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2023: 9 of 16 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026FA-related adjustment alongside resilience among some customersAnnual report
「Some customers in the inspection equipment and social infrastructure-related businesses remained solid, while some FA-related customers entered an adjustment phase. Overall, performance ended at roughly the same level as in the previous fiscal year.」
In industrial control equipment, some customers in the inspection equipment and social infrastructure-related businesses remained solid, while some FA-related customers entered an adjustment phase. Revenue was up 4.5% from the previous fiscal year. - FY2026-H1Resilience among some customers alongside overall performance falling short of expectationsAnnual report
「Although some customers in inspection equipment and factory automation-related businesses remained firm, overall performance was slightly below expectations. As a result, net sales were ¥518 million, up 9.0% from the previous interim accounting period.」
Some customers in the inspection equipment and FA-related businesses remained solid, driving industrial control equipment revenue up 9.0% year on year. Overall performance was slightly below expectations, indicating differing trends by customer and application. - FY2024MitigatedAnnual report
「Performance remained solid as progress was made in working through the order backlog, supported by growth in inspection equipment-related business. As a result, revenue was ¥1,026 million, up 41.1% from the previous fiscal year.」
In contrast to the decline caused by customer delivery delays and other factors in the previous fiscal year, progress in working through the order backlog and growth in inspection equipment-related business drove industrial control equipment revenue up 41.1% from the previous fiscal year. - FY2024-Q3MitigatedAnnual report
「Performance remained solid as progress was made in working through the order backlog, supported by growth in inspection equipment-related business. As a result, revenue was ¥769 million, up 42.0% year on year.」
In contrast to the decline due to customer delivery delays and other factors noted in the previous fiscal year, progress in working through the order backlog and growth in inspection equipment-related business drove industrial control equipment revenue up 42.0% year on year. - FY2024-Q2MitigatedAnnual report
「Overall performance was as expected as progress was made in working through the order backlog. As a result, revenue was ¥472 million, up 59.3% year on year.」
In contrast to the decline due to customer delivery delays and other factors noted in the previous fiscal year, progress in working through the order backlog drove industrial control equipment revenue up 59.3% year on year. - FY2024-Q1MitigatedAnnual report
「Industrial control equipment performed broadly as expected as progress was made in working through the order backlog. As a result, revenue was ¥254 million, up 75.1% year on year.」
In contrast to the decline due to customer delivery delays and other factors noted in the previous fiscal year, progress in working through the order backlog drove industrial control equipment revenue up 75.1% year on year. - FY2023AdvancedAnnual report
「Industrial control equipment performed as expected as progress was made in working through the order backlog. As a result, revenue was ¥726 million, up 16.0% from the previous fiscal year.」
Following the decline in the previous fiscal year due to delivery delays and other factors, progress in working through the order backlog drove full-year industrial control equipment revenue up 16.0% from the previous fiscal year. - FY2023-Q3MitigatedAnnual report
「Performance was broadly in line with expectations as the order backlog was worked down. As a result, sales were ¥541 million, up 9.9% year on year.」
In contrast to the decline among some customers due to delivery delays and other factors noted in the previous quarter, progress in working through the order backlog led industrial control equipment revenue to increase 9.9% year on year. - FY2023-Q2First statedAnnual report
「Industrial control equipment saw declines among some customers due to delivery delays and other factors. As a result, revenue was ¥296 million, down 1.3% year on year.」
The declines among some customers due to delivery delays and other factors translated into an actual decrease in revenue, with industrial control equipment revenue falling 1.3% year on year to ¥296 million.