Railway Rolling Stock Technology and Product Competitiveness and a Globally Optimized Structure
First written in FY2016. 26 of 32 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-07.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings presentation
「Delivered all 535 vehicles under the Base contract」
For the U.S. New York subway R211 project, disclosed completion of deliveries of all vehicles under the Base contract and delivery of 430 of the 640 vehicles under the Option 1 contract. - FY2026AdvancedAnnual report
「• Compliance with delivery schedules for overseas projects: Dhaka Line 6 — final vehicle deliveries completed in fiscal 2024, depot equipment delivery in fiscal 2026. US R211 — final vehicle dispatches completed in fiscal 2024 under the Base contract, start of mass-production vehicle deliveries under the Option 1 contract, and final vehicle delivery in fiscal 2025 under the Base contract.」
For Dhaka Line 6 and US R211, the company disclosed project-specific delivery milestones, including completion of final vehicle deliveries and dispatches and the start of mass-production vehicle deliveries. Full-year business profit was ¥8.6 billion. - FY2026-H1AdvancedAnnual report
「Business profit increased by ¥3.3 billion year on year to ¥4.9 billion, due in part to higher sales.」
The vehicle business's business profit increased by ¥3.3 billion year on year to ¥4.9 billion, due in part to higher sales in the domestic and US markets. - FY2025-H1AdvancedAnnual report
「Business profit increased by ¥1.3 billion year on year to ¥1.6 billion, due in part to higher sales.」
The vehicle business improved by ¥1.3 billion year on year to business profit of ¥1.6 billion, due in part to higher sales. - FY2024AdvancedAnnual report
「Business profit increased by ¥2.3 billion from the previous fiscal year to ¥3.7 billion, due in part to higher profit from increased sales.」
The vehicle business posted full-year business profit of ¥3.7 billion for fiscal 2023, an improvement of ¥2.3 billion year on year. Higher sales of vehicles for overseas and domestic markets contributed to the improvement in profitability. - FY2024-Q3AdvancedAnnual report
「Business profit increased by ¥1.8 billion year on year to ¥2.6 billion, due in part to higher profit from increased sales despite lower domestic operating rates.」
The vehicle business improved by ¥1.8 billion year on year to business profit of ¥2.6 billion, despite lower domestic operating rates, due in part to higher sales. - FY2024-Q1AdvancedAnnual report
「Consolidated orders received increased by ¥4.7 billion year on year to ¥16.4 billion, due in part to an increase in projects for Asia and the domestic market. Consolidated revenue increased by ¥17.1 billion year on year to ¥43.5 billion, due in part to an increase in vehicles for the US market despite a decline in vehicles for the domestic market.」
The vehicle business increased orders received and revenue year on year due to more projects for Asia and the domestic market and higher vehicle sales in the US. Business profit and loss was a ¥0 billion loss, broadly in line with the previous year. - FY2023AdvancedAnnual report
「Consolidated orders received increased by ¥241.7 billion from the previous fiscal year to ¥313.2 billion, due in part to an order for an option contract for new subway trains for the New York City Transit Authority.」
Annual orders received increased substantially due to large orders, including the option contract for new subway trains for the New York City Transit Authority. - FY2023-Q3AdvancedAnnual report
「Consolidated orders received increased by ¥252.1 billion year on year to ¥294.3 billion, due to orders for large projects including new subway trains for the New York City Transit Authority and new commuter trains for the domestic market.」
The vehicle business won large orders including new subway trains for the New York City Transit Authority and new commuter trains for the domestic market, increasing orders received by ¥252.1 billion year on year. - FY2023-Q2AdvancedAnnual report
「Consolidated orders received increased by ¥16.1 billion year on year to ¥39.3 billion, due to orders for large projects including new commuter trains for the domestic market.」
The company won large orders including new commuter trains for the domestic market, and orders received increased by ¥16.1 billion year on year. However, delays in the US project schedule resulted in a business loss. - FY2023-Q1AdvancedAnnual report
「Consolidated orders received increased by ¥2.3 billion year on year to ¥11.7 billion, due to orders for large projects including new commuter trains for the domestic market.」
The company won large orders including new commuter trains for the domestic market. Although revenue decreased, business profit and loss was a loss of ¥0.1 billion, in line with the previous year, narrowing from the ¥0.8 billion loss in the previous fiscal year. - FY2022AdvancedAnnual report
「Strengthening quality control; differentiating through technologies and products that meet customer needs; strengthening cost competitiveness; strengthening risk management for overseas projects; expanding stock-based businesses, including maintenance and track-monitoring services using IoT; and establishing a globally optimized operating structure through overseas production, overseas procurement and partnerships.」
The vehicle business identified quality, costs, overseas project management, and entry into IoT-based maintenance and track-monitoring services as specific priorities. Full-year operating income improved to ¥3.2 billion. - FY2022-Q3AdvancedAnnual report
「Despite lower sales, operating income improved by ¥3.9 billion year on year, compared with the previous year, when profitability on overseas projects had declined due to the spread of COVID-19 and other factors, resulting in operating income of ¥2.5 billion.」
Despite lower sales, the vehicle business improved by ¥3.9 billion from the previous year's loss caused by lower profitability on overseas projects, returning to operating income of ¥2.5 billion. - FY2022-Q2AdvancedAnnual report
「Despite lower sales, operating income improved by ¥1.5 billion year on year, compared with the previous year, when profitability on overseas projects had declined due to the spread of COVID-19 and other factors, resulting in operating income of ¥1.3 billion.」
Despite lower sales, the vehicle business improved by ¥1.5 billion from the previous fiscal year, when overseas project profitability had declined, and returned from an operating loss to operating income of ¥1.3 billion. - FY2022-Q1AdvancedAnnual report
「Despite lower sales, operating income improved by ¥0.6 billion year on year, compared with the previous year, when profitability on overseas projects had declined due to the spread of COVID-19 and other factors, resulting in an operating loss of ¥0.8 billion.」
The vehicle business's operating loss improved by ¥0.6 billion year on year, but a loss of ¥0.8 billion remained. - FY2021-Q3AdvancedAnnual report
「Despite lower profitability on overseas projects due to the spread of COVID-19 and other factors, operating income improved by ¥1.8 billion year on year on higher sales, resulting in an operating loss of ¥1.3 billion.」
The vehicle business's operating loss improved by ¥1.8 billion year on year on higher sales, although lower profitability on overseas projects continued. However, it still posted an operating loss of ¥1.3 billion. - FY2021-Q2AdvancedAnnual report
「Despite lower profitability on overseas projects due to the spread of COVID-19 and other factors, operating income improved by ¥4.1 billion year on year on higher sales, resulting in an operating loss of ¥0.1 billion.」
Despite lower profitability on overseas projects, the vehicle business's operating loss improved by ¥4.1 billion year on year on higher sales, narrowing the loss to ¥0.1 billion. - FY2021-Q1AdvancedAnnual report
「Despite lower profitability on overseas projects due to the spread of COVID-19, operating income improved by ¥2.0 billion year on year, supported by higher sales and lower period expenses, resulting in an operating loss of ¥1.4 billion.」
The vehicle business's operating loss improved by ¥2.0 billion year on year, despite lower profitability on overseas projects, due to higher sales and lower period expenses. However, it still posted an operating loss of ¥1.4 billion. - FY2020-Q3AdvancedAnnual report
「Despite cost fluctuations on certain projects, operating income improved by ¥3.3 billion year on year, supported by higher sales and lower one-time costs incurred on US projects in the previous fiscal year, resulting in an operating loss of ¥3.1 billion.」
The vehicle business's operating loss improved by ¥3.3 billion year on year, due to higher sales and lower one-time costs on US projects. However, it still posted an operating loss of ¥3.1 billion. - FY2020-Q2AdvancedAnnual report
「Despite cost fluctuations on certain projects, operating income improved by ¥4.5 billion year on year, supported by higher sales and lower one-time costs incurred on US projects in the previous fiscal year, resulting in an operating loss of ¥4.3 billion.」
The vehicle business's operating loss improved by ¥4.5 billion year on year, due to higher sales and lower one-time costs on US projects. However, it still posted an operating loss of ¥4.3 billion. - FY2020-Q1WorsenedAnnual report
「Operating income declined by ¥2.6 billion year on year, due to lower sales and cost fluctuations on certain projects, resulting in an operating loss of ¥3.5 billion.」
The vehicle business's operating loss deteriorated by ¥2.6 billion year on year due to lower sales and cost fluctuations on certain projects. - FY2019WorsenedAnnual report
「Operating income deteriorated by ¥1.3 billion from the previous fiscal year to an operating loss of ¥13.7 billion, owing mainly to lower profitability in projects for the United States, as in the previous fiscal year.」
The vehicle business continued to experience lower profitability on projects for the US market, and its operating loss deteriorated by ¥1.3 billion year on year to ¥13.7 billion. - FY2019-Q3WorsenedAnnual report
「Operating income deteriorated by ¥8.8 billion year on year to an operating loss of ¥6.4 billion, owing mainly to lower profitability in projects for the United States.」
The rail vehicle business's operating loss widened to ¥6.4 billion owing mainly to lower profitability in projects for the United States, deteriorating by ¥8.8 billion year on year. - FY2019-Q2WorsenedAnnual report
「Operating income deteriorated by ¥7.9 billion year on year to an operating loss of ¥8.8 billion, owing mainly to lower profitability in projects for the United States.」
The rail vehicle business's operating loss widened to ¥8.8 billion owing mainly to lower profitability in projects for the United States, resulting in a ¥7.9 billion year-on-year decline in operating income. - FY2019-Q1AdvancedAnnual report
「Consolidated orders increased by ¥13.7 billion year on year to ¥24.9 billion, owing mainly to orders for rail vehicles and refurbishment work for North America.」
Orders for rail vehicles and refurbishment work for North America lifted orders by ¥13.7 billion year on year. Revenue declined, while the ¥900 million operating loss continued. - FY2018-Q3AdvancedAnnual report
「Consolidated orders decreased by ¥4.9 billion year on year to ¥79.7 billion, despite an order for urban rapid transit vehicles for Bangladesh, compared with the previous corresponding period, when orders for domestic subway cars and other vehicles were received. Consolidated revenue increased by ¥4.8 billion to ¥99.8 billion, owing to higher domestic revenue despite lower revenue from Asia, including Singapore. Operating income increased by ¥700 million year on year to ¥2.3 billion, owing to higher revenue.」
Although orders included the Bangladesh project, total orders declined. Higher domestic revenue improved revenue and operating income year on year. - FY2018-Q2AdvancedAnnual report
「Consolidated orders increased by ¥10.6 billion year on year to ¥68.4 billion, owing to an order for urban rapid transit vehicles for Bangladesh, compared with the previous corresponding period, when orders for domestic subway cars and other vehicles were received. Consolidated revenue increased by ¥1.3 billion to ¥63.6 billion, owing mainly to higher domestic revenue despite lower revenue from Asia, including Singapore. Operating income deteriorated by ¥200 million year on year to an operating loss of ¥900 million, owing mainly to a decline in high-margin projects.」
An order for urban rapid transit vehicles for Bangladesh lifted orders by ¥10.6 billion year on year. The operating loss continued and deteriorated year on year. - FY2018-Q1Decline in rail vehicle orders and deterioration in earningsAnnual report
「Consolidated orders decreased by ¥12.1 billion year on year to ¥11.1 billion, compared with the previous corresponding period, when an order for linear-motor subway cars for the Tokyo Metropolitan Bureau of Transportation was received. Consolidated revenue increased by ¥300 million to ¥29.1 billion, owing mainly to higher domestic revenue despite lower revenue from Asia, including Singapore. Operating income deteriorated by ¥1.6 billion year on year to an operating loss of ¥900 million, owing mainly to a decline in high-margin projects.」
Orders declined owing to the reaction to the previous period's order for rail vehicles for the Tokyo Metropolitan Bureau of Transportation, and the decline in high-margin projects resulted in an operating loss. - FY2017-Q3AdvancedAnnual report
「Consolidated orders were ¥84.7 billion, roughly in line with the previous corresponding period, despite a decline in overseas orders, owing mainly to an order for linear-motor subway cars for the Tokyo Metropolitan Bureau of Transportation.」
The order for linear-motor subway cars for the Tokyo Metropolitan Bureau of Transportation is cited as a specific order received. - FY2016First statedAnnual report
「Strengthening competitiveness through technologies and products aligned with customer needs, including cutting-edge technology development and new railcars; further improving systems integration capabilities through human resources development; expanding stock-based businesses such as maintenance and refurbishment; and establishing an optimised global operating structure through overseas production and procurement and the use of partnerships.」
Rail vehicle business initiatives combining products, service-based revenue, human resources, and overseas production and procurement.