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Naikai Zosen (7018) · FactAdvancedLatest Results (2026-11-05): "Worsened"

Orders and order backlog, mainly for newbuild vessels

First written in FY2016. 24 of 37 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-11-05.

37entries
11years
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ProgressHeldSoftenedWorseAdvancedFY2018-Q3 – FY2020-Q2AdvancedFY2022-Q2 – FY20262016: 320162017: 420172018: 420182019: 320192020: 320202021: 420212022: 320222023: 420232024: 320242025: 120252026: 52026
Same theme, other companies
Growth in newbuild order intake and backlogA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The company sought orders for roll-on/roll-off cargo ships (RORO vessels) and transport vessels, for which it has extensive construction experience. As a result, orders totaled ¥80.345 billion, comprising 9 newbuild vessels—RORO vessels and transport vessels—repair vessels and other vessels, up 67.4% year on year. The order backlog was ¥134.345 billion, equivalent to 25 newbuild vessels and other vessels, up 33.7% year on year.」

    The company received orders for 9 newbuild vessels and other vessels, primarily RORO vessels and transport vessels. Orders totaled ¥80.345 billion and the order backlog was ¥134.345 billion. The backlog increased 33.7% year on year.
  2. FY2026-H1AdvancedAnnual report

    「Orders totaled ¥60.705 billion, comprising 7 newbuild vessels, repair vessels and other vessels. The order backlog was ¥139.762 billion, equivalent to 28 newbuild vessels and other vessels, up 40.0% year on year.」

    Orders for 7 newbuild vessels and other vessels totaled ¥60.705 billion, bringing the order backlog to ¥139.762 billion, equivalent to 28 newbuild vessels and other vessels, up 40.0% year on year.
  3. FY2025-H1AdvancedAnnual report

    「Orders totaled ¥25.704 billion, comprising 5 newbuild vessels, repair vessels and other vessels. The order backlog was ¥99.816 billion, equivalent to 26 newbuild vessels and other vessels, up 16.8% year on year.」

    Orders for 5 newbuild vessels and other vessels totaled ¥25.704 billion, bringing the order backlog to ¥99.816 billion, equivalent to 26 newbuild vessels and other vessels. The backlog was up 16.8% year on year.
  4. FY2024AdvancedAnnual report

    「The company sought orders, primarily for oceangoing cargo ships, as well as ferries for which it has extensive construction experience and transport vessels in new fields. As a result, orders totaled ¥64.212 billion, comprising 12 newbuild vessels—cargo ships, roll-on/roll-off cargo ships (RORO vessels), car carriers and transport vessels—repair vessels and other vessels, up 28.4% year on year. The order backlog was ¥96.621 billion, equivalent to 22 newbuild vessels and other vessels, up 23.3% year on year.」

    Orders for 12 newbuild vessels and other vessels totaled ¥64.212 billion, bringing the order backlog to ¥96.621 billion, equivalent to 22 newbuild vessels and other vessels. Orders increased 28.4% year on year, while the backlog increased 23.3%.
  5. FY2024-Q3AdvancedAnnual report

    「Orders totaled ¥37.916 billion, comprising 7 newbuild vessels, repair vessels and other vessels. The order backlog was ¥80.572 billion, up 12.3% year on year.」

    Orders for 7 newbuild vessels and other vessels totaled ¥37.916 billion, bringing the order backlog to ¥80.572 billion, up 12.3% year on year. Although the backlog declined from the end of the previous quarter, it increased year on year.
  6. FY2024-Q2AdvancedAnnual report

    「Orders totaled ¥33.235 billion, comprising 6 newbuild vessels, repair vessels and other vessels. The order backlog was ¥85.456 billion, equivalent to 21 newbuild vessels and other vessels, up 26.7% year on year.」

    Orders for 6 newbuild vessels and other vessels totaled ¥33.235 billion, bringing the order backlog to ¥85.456 billion, equivalent to 21 newbuild vessels and other vessels, up 26.7% year on year.
  7. FY2024-Q1AdvancedAnnual report

    「Orders totaled ¥27.280 billion, comprising 5 newbuild vessels, repair vessels and other vessels. The order backlog was ¥92.176 billion, up 30.0% year on year.」

    Orders for 5 newbuild vessels and other vessels totaled ¥27.280 billion, and the order backlog increased 30.0% year on year to ¥92.176 billion. It was a substantial increase from ¥70.915 billion in the same quarter of the previous year.
  8. FY2023AdvancedAnnual report

    「Orders totaled ¥50.012 billion, comprising 10 newbuild vessels—ferries, container ships, cargo ships and transport vessels—repair vessels and other vessels, down 9.1% year on year. The order backlog was ¥78.356 billion, equivalent to 19 newbuild vessels and other vessels, up 19.7% year on year.」

    Annual orders declined 9.1% year on year, while the order backlog increased 19.7% to ¥78.356 billion, equivalent to 19 newbuild vessels and other vessels.
  9. FY2023-Q3AdvancedAnnual report

    「Orders totaled ¥32.720 billion, comprising 6 newbuild vessels, repair vessels and other vessels. The order backlog was ¥71.719 billion, equivalent to 17 newbuild vessels and other vessels, up 42.2% year on year.」

    Orders for 6 newbuild vessels and other vessels totaled ¥32.720 billion, bringing the order backlog to ¥71.719 billion, equivalent to 17 newbuild vessels and other vessels. The backlog was up 42.2% year on year and also increased from ¥67.425 billion in the previous quarter.
  10. FY2023-Q2AdvancedAnnual report

    「Orders totaled ¥20.063 billion, comprising 3 newbuild vessels, repair vessels and other vessels. The order backlog was ¥67.425 billion, equivalent to 17 newbuild vessels and other vessels, up 48.5% year on year.」

    Orders for 3 newbuild vessels and other vessels totaled ¥20.063 billion, bringing the order backlog to ¥67.425 billion, equivalent to 17 newbuild vessels and other vessels. The backlog increased 48.5% year on year.
  11. FY2023-Q1AdvancedAnnual report

    「Orders totaled ¥14.214 billion, comprising 2 newbuild vessels, repair vessels and other vessels. The order backlog was ¥70.915 billion, up 81.9% year on year.」

    Orders for 2 newbuild vessels and other vessels totaled ¥14.214 billion, and the order backlog increased 81.9% year on year to ¥70.915 billion.
  12. FY2022-Q3AdvancedAnnual report

    「Orders received comprised 8 newbuild vessels, including a fishing training vessel for Aomori Prefectural Hachinohe Fisheries High School and ferries for Taiwan Navigation, among others, and repair vessels, among others, totaling ¥3.021 billion. The order backlog comprised 17 newbuild vessels and others, totaling ¥5.0436 billion, up 20.6% year on year.」

    Orders for 8 newbuild vessels and other vessels totaled ¥30.21 billion, bringing the order backlog to ¥50.436 billion, equivalent to 17 newbuild vessels and other vessels. The backlog was up 20.6% year on year and also increased from ¥45.392 billion in the previous quarter.
  13. FY2022-Q2AdvancedAnnual report

    「Orders received comprised 4 newbuild vessels, including a fishing training vessel for Aomori Prefectural Hachinohe Fisheries High School, among others, and repair vessels, among others, totaling ¥1.6817 billion. The order backlog comprised 16 newbuild vessels and others, totaling ¥4.5392 billion, up 7.2% year on year.」

    Orders for 4 newbuild vessels and others totaled ¥1.6817 billion, and the order backlog increased 7.2% year on year to ¥4.5392 billion. It also increased from ¥3.8988 billion in the previous quarter.
  14. FY2022-Q1WorsenedAnnual report

    「Orders received comprised 1 newbuild vessel and repair vessels, among others, totaling ¥276.9 million, and the order backlog totaled ¥3.8988 billion, down 12.3% year on year.」

    Orders for newbuild vessels were limited to 1 vessel, and the order backlog totaled ¥3.8988 billion, down 12.3% year on year.
  15. FY2021Annual orders increased, but the order backlog fell below the previous year's levelAnnual report

    「Orders received comprised 7 newbuild vessels, including passenger-cargo vessels, ferries, RORO vessels and tankers, among others, and repair vessels, among others, totaling ¥2.1879 billion, up 29.2% year on year. The order backlog comprised 15 newbuild vessels and others, totaling ¥4.2944 billion, down 16.8% year on year.」

    Annual orders received totaled ¥2.1879 billion, up 29.2% year on year, while the order backlog totaled ¥4.2944 billion, down 16.8%.
  16. FY2021-Q3WorsenedAnnual report

    「Orders received comprised 3 newbuild vessels, including passenger-cargo vessels and RORO vessels, and repair vessels, among others, totaling ¥1.335 billion. The order backlog comprised 12 newbuild vessels and others, totaling ¥4.182 billion, down 30.1% year on year.」

    Although orders for 3 newbuild vessels and others totaled ¥1.335 billion, the order backlog was ¥4.182 billion, down 30.1% year on year and also down from ¥5.9852 billion in the previous quarter. The number of newbuild vessels in the order backlog also declined from 18 to 12.
  17. FY2021-Q2WorsenedAnnual report

    「Orders received comprised 1 newbuild vessel and repair vessels, among others, totaling ¥556.7 million. The order backlog comprised 12 newbuild vessels and others, totaling ¥4.2347 billion, down 37.8% year on year.」

    Orders for newbuild vessels were limited to 1 vessel, and the order backlog fell 37.8% year on year to ¥4.2347 billion, also down from ¥4.4481 billion in the previous quarter.
  18. FY2021-Q1WorsenedAnnual report

    「Orders received comprised repair vessels and others totaling ¥1.215 billion, and the order backlog totaled ¥4.4481 billion, down 32.9% year on year.」

    The order backlog totaled ¥4.4481 billion, down 32.9% year on year. It also fell substantially from ¥6.6253 billion in the previous quarter, and no orders for newbuild vessels were reported.
  19. FY2020-Q3WorsenedAnnual report

    「Orders received comprised 3 newbuild vessels, including ferries, and repair vessels, among others, totaling ¥1.6151 billion. The order backlog comprised 18 newbuild vessels and others, totaling ¥5.9852 billion, down 3.4% year on year.」

    The order backlog totaled ¥5.9852 billion, down from ¥6.8107 billion in the previous quarter and down 3.4% year on year. The number of newbuild vessels in the order backlog also declined from 20 to 18.
  20. FY2020-Q2AdvancedAnnual report

    「Orders received comprised 3 newbuild vessels, including ferries, and repair vessels, among others, totaling ¥1.4403 billion. The order backlog comprised 20 newbuild vessels and others, totaling ¥6.8107 billion, up 27.3% year on year.」

    Orders for 3 newbuild vessels and others totaled ¥1.4403 billion, and the order backlog totaled ¥6.8107 billion, up 27.3% year on year.
  21. FY2020-Q1AdvancedAnnual report

    「Orders received comprised 1 newbuild vessel and repair vessels, among others, and the order backlog totaled ¥6.6253 billion, up 20.0% year on year.」

    Orders for 1 newbuild vessel and others were received, and the order backlog totaled ¥6.6253 billion, up 20.0% year on year.
  22. FY2019-Q3AdvancedAnnual report

    「Orders received comprised 7 newbuild vessels, including ferries, RORO vessels and containerships, and repair vessels, among others, totaling ¥3.272 billion. The order backlog comprised 20 newbuild vessels and others, totaling ¥6.1979 billion.」

    Orders for 7 newbuild vessels and others totaled ¥3.272 billion, and the order backlog increased to ¥6.1979 billion from ¥5.3482 billion in the previous quarter. The number of newbuild vessels in the order backlog also increased from 19 to 20.
  23. FY2019-Q2AdvancedAnnual report

    「Orders received comprised 5 newbuild vessels, including ferries, RORO vessels and containerships, and repair vessels, among others, totaling ¥1.6373 billion. The order backlog comprised 19 newbuild vessels and others, totaling ¥5.3482 billion.」

    Orders for 5 newbuild vessels and others totaled ¥1.6373 billion, and the order backlog comprised 19 newbuild vessels and others totaling ¥5.3482 billion.
  24. FY2019-Q1AdvancedAnnual report

    「Orders received comprised 3 newbuild vessels, including RORO vessels and containerships, and repair vessels, among others. The order backlog totaled ¥5.5202 billion, up 26.4% year on year.」

    Orders for 3 newbuild vessels and others were received, and the order backlog totaled ¥5.5202 billion, up 26.4% year on year. It increased from ¥4.3666 billion in the same quarter of the previous year.
  25. FY2018AdvancedAnnual report

    「Orders received comprised 8 newbuild vessels, including ferries and RORO vessels, and repair vessels, among others, totaling ¥3.3408 billion, up 30.1% year on year. The order backlog comprised 17 newbuild vessels and others, totaling ¥4.9181 billion, up 9.2% year on year.」

    Orders for 8 newbuild vessels and others totaled ¥3.3408 billion, up 30.1% year on year, while the order backlog totaled ¥4.9181 billion, up 9.2%.
  26. FY2018-Q3AdvancedAnnual report

    「Orders received comprised 6 newbuild vessels, including ferries and RORO vessels, and repair vessels, among others, totaling ¥2.6604 billion. The order backlog comprised 17 newbuild vessels and others, totaling ¥4.9447 billion, down 13.3% year on year.」

    Orders for 6 newbuild vessels and others totaled ¥2.6604 billion, and the order backlog increased from ¥3.9792 billion in the previous quarter to ¥4.9447 billion. However, it was down 13.3% year on year.
  27. FY2018-Q2WorsenedAnnual report

    「Orders received comprised 2 newbuild vessels and repair vessels, among others, totaling ¥883.4 million. The order backlog comprised 14 newbuild vessels and others, totaling ¥3.9792 billion.」

    Although orders for newbuild vessels and others totaled ¥883.4 million, the order backlog was ¥3.9792 billion, down from ¥4.3666 billion in the previous quarter and ¥4.5038 billion at the end of the previous fiscal year.
  28. FY2018-Q1WorsenedAnnual report

    「Orders received comprised 1 newbuild vessel and repair vessels, among others, and the order backlog totaled ¥4.3666 billion, down 2.9% year on year.」

    The order backlog totaled ¥4.3666 billion, down 2.9% year on year and also down from ¥4.5038 billion at the end of the previous fiscal year.
  29. FY2017WorsenedAnnual report

    「Orders received comprised 7 newbuild vessels, including ferries, product carriers and RORO vessels, among others, totaling ¥2.5674 billion. The order backlog comprised 16 newbuild vessels and others, totaling ¥4.5038 billion.」

    Orders received totaled ¥25,674 million, down 20.5% year on year, while the order backlog totaled ¥45,038 million, down 9.2%.
  30. FY2017-Q3AdvancedAnnual report

    「Orders received comprised 10 newbuild vessels, including ferries, product carriers and containerships, among others, totaling ¥3.0796 billion. The order backlog comprised 21 newbuild vessels and others, totaling ¥5.7014 billion, up 7.2% year on year.」

    Orders for 10 newbuild vessels and others totaled ¥3.0796 billion, and the order backlog increased 7.2% year on year to ¥5.7014 billion.
  31. FY2017-Q2AdvancedAnnual report

    「Orders received comprised 9 newbuild vessels, including product carriers and containerships, among others, totaling ¥2.5092 billion. The order backlog comprised 20 newbuild vessels and others, totaling ¥5.86 billion, up 7.6% year on year.」

    Orders for 9 newbuild vessels and others totaled ¥2.5092 billion, and the order backlog increased 7.6% year on year to ¥5.86 billion.
  32. FY2017-Q1RestatedAnnual report

    「Orders received comprised 1 newbuild vessel and repair vessels, among others, and the order backlog totaled ¥4.4969 billion, down 15.3% year on year.」

    Orders for newbuild and repair vessels and the order backlog were updated, with the order backlog down 15.3% year on year.
  33. FY2016First statedAnnual report

    「Orders received comprised 8 vessels, including cargo ships, ferries and car carriers, among others, totaling ¥3.2277 billion. The order backlog comprised 16 newbuild vessels and others, totaling ¥4.9607 billion.」

    Orders received during the current consolidated fiscal year totaled ¥3.2277 billion, and the order backlog totaled ¥4.9607 billion.
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"Increase in net assets and equity ratio" moved the same way as this thread, in the same document, in 23 of its 37 moves.

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  1. ★This thread
  2. 1Increase in net assets and equity ratio23×
  3. 2Increase in Operating Cash Flow and Cash Balance17×
  4. 3Improvement in Net Sales, Ordinary Profit and Net Income16×
  5. 4Borrowing covenants concerning net assets, earnings and negative net worth12×
  6. 5Deteriorating operating environment for the hotel and restaurant business12×
  7. 6Losses on accepted construction contracts and uncertainty in estimating construction costs11×

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Naikai Zosen's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Results of 2026-11-05: "Worsened".
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