Operating loss in the machine tools business due to higher product development costs
First written in FY2018-Q3. 1 of 3 entries say "Materialised", first in FY2018-Q3. Latest entry: FY2019-Q3.
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- FY2019-Q3MitigatedAnnual report
「In the machine tools business, the company conducted sales expansion activities focused primarily on markets for electronic components and automobiles. As a result, net sales were ¥1,448 million, up 45.3% year on year, while operating income, also supported by productivity improvements and cost reductions, was ¥148 million, compared with an operating loss of ¥56 million in the same period of the previous year.」
The operating loss attributable to product development costs and other factors through the previous fiscal year turned into operating profit during the cumulative period of the current quarter, easing the machine tools business's loss position. - FY2018WorsenedAnnual report
「In the machine tools business, the Company pursued customer acquisition in Japan, the United States, China and emerging markets. As a result, sales rose to ¥1,472 million, up 11.3% from the previous fiscal year, but operating loss was ¥53 million, compared with an operating loss of ¥42 million in the previous fiscal year, due mainly to higher product development costs.」
Operating loss in the machine tools business widened from ¥42 million in the previous fiscal year to ¥53 million due mainly to higher product development costs. - FY2018-Q3MaterialisedAnnual report
「In the machine tools business, the Company pursued customer acquisition in Japan, the United States, China and emerging markets. As a result, sales rose to ¥996 million, up 8.6% year on year, but operating loss was ¥56 million, compared with an operating loss of ¥22 million in the same period of the previous year, due mainly to higher product development costs.」
The machine tools business incurred higher product development costs, with operating loss widening from ¥22 million in the same period of the previous year to ¥56 million.