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Nitchitsu (7021) · FactAdvanced

Increase in industrial equipment orders

First written in FY2018-Q3. 7 of 28 entries say "Restated". Latest entry: 2026-11-13.

28entries
9years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q3 – FY2022-Q1OtherFY2022-Q3 – FY2023-Q32018: 420182019: 420192020: 320202021: 320212022: 320222023: 420232024: 220242025: 120252026: 42026
Same theme, other companies
Expansion in Demand for Industrial Machinery and Growth in Production and SalesA theme 30 companies write about · 1 as a headwind · 29 as a tailwind

The whole theme swung hardest in 2020: 7 of 23 companies on the "Worse" side.

16 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 30 companies compared. The sentences above are computed from all 30.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「In the industrial equipment segment, we secured sales mainly in steelmaking machinery-related and power-related businesses, including hydro power generation, while securing orders in new fields such as offshore wind power.」

    The industrial equipment segment secured sales in steelmaking, hydro power generation and other businesses, and won orders in new fields such as offshore wind power.
  2. FY2025AdvancedAnnual report

    「In the industrial equipment segment, sales recovered mainly in power-related businesses, including hydro power generation, while orders accumulated in steelmaking machinery-related businesses.」

    Sales recovered in power-related businesses, including hydro power generation, while orders accumulated in steelmaking machinery-related businesses.
  3. FY2025-H1Sales recognized from hydro and geothermal power generation-related businessesAnnual report

    「The industrial machinery segment benefited from solid performance in hydro power generation-related business and also recognized sales related to a large-scale geothermal power generation project.」

    In the industrial machinery segment, sales related to a large-scale geothermal power generation project were reported in addition to solid performance in hydro power generation-related business.
  4. FY2024AdvancedAnnual report

    「In addition to working to secure construction projects in steelmaking-related and other businesses, where recovery is beginning to emerge, we will actively pursue orders in new fields, including renewable energy and environmental measures.」

    In addition to a recovery in orders for steelmaking and heavy electrical equipment-related businesses, renewable energy and environmental measures-related businesses were identified as new order fields.
  5. FY2024-Q2RestatedAnnual report

    「The industrial equipment segment also recognized sales related to renewal investments at steel mills.」

    The industrial equipment segment continues to report sales related to renewal investments at steel mills.
  6. FY2024-Q1Sales recognized from steel mill renewal investment-related projectsAnnual report

    「The industrial equipment segment also recognized sales related to renewal investments at steel mills.」

    The industrial equipment segment reported sales related to renewal investments at steel mills.
  7. FY2023WorsenedAnnual report

    「In the industrial equipment segment, both orders and sales remained sluggish, and earnings deteriorated due to higher unit costs resulting from insufficient construction volume and the occurrence of some unprofitable construction projects.」

    While demand was seen for hydro and wind power generation and other businesses, orders and sales across the industrial equipment segment remained sluggish, and earnings deteriorated due to insufficient construction volume and unprofitable construction projects.
  8. FY2023-Q3Hydro and wind power generation and other businesses offset the decline in steelmaking-related salesAnnual report

    「The industrial equipment segment also offset the decline in steelmaking-related sales with heavy electrical equipment-related businesses, including hydro and wind power generation, but provisions for contract losses increased due to additional man-hours required for some construction projects.」

    The decline in steelmaking-related sales was offset by heavy electrical equipment-related businesses, including hydro and wind power generation, while provisions for contract losses increased due to additional man-hours.
  9. FY2023-Q2Decline in sales offset by hydro and wind power generation and other businessesAnnual report

    「In the industrial equipment segment, sales declined in steelmaking-related businesses, but this was offset by heavy electrical equipment-related businesses, including hydro and wind power generation.」

    The decline in steelmaking-related sales was offset by heavy electrical equipment-related businesses, including hydro and wind power generation.
  10. FY2023-Q1Decline in sales offset by wind power-related constructionAnnual report

    「In the industrial equipment segment, sales declined in steelmaking and heavy electrical equipment-related businesses, but this was offset by wind power-related construction.」

    The decline in sales in steelmaking and heavy electrical equipment-related businesses was offset by wind power-related construction.
  11. FY2022-Q3Orders flat, sales down, profitability deterioratedAnnual report

    「In industrial equipment, orders were almost unchanged from the previous year, but sales declined and profitability deteriorated as the unit cost of construction rose due to insufficient construction volume.」

    Industrial equipment orders remained at approximately the previous year's level, while lower sales and higher unit construction costs due to insufficient construction volume led to a deterioration in profitability.
  12. FY2022-Q2WorsenedAnnual report

    「For industrial equipment, order intake was roughly at the previous year's level, but sales decreased substantially and provisions for contract losses increased because of higher unit costs resulting from insufficient construction volume.」

    While industrial equipment order intake remained at the previous year's level, sales decreased substantially, and higher unit costs due to insufficient construction volume and an increase in provisions for contract losses occurred.
  13. FY2022-Q1Increase in heavy electrical equipment- and steelmaking-related orders, but insufficient construction volumeAnnual report

    「For industrial equipment, order intake increased in both heavy electrical equipment and steelmaking-related areas, but sales decreased, and provisions for contract losses increased because of higher processing unit costs resulting from insufficient construction volume in the near term.」

    For industrial equipment, for which a decline in order intake had been reported in the previous fiscal year, orders related to heavy electrical equipment and steelmaking increased, while sales decreased and provisions for contract losses increased because of insufficient construction volume.
  14. FY2021-Q3RestatedAnnual report

    「For industrial equipment, sales increased in both heavy electrical equipment-related and steelmaking-related areas due to orders received in the previous fiscal year, but order intake decreased because of restrictions on sales activities and other factors associated with the COVID-19 pandemic.」

    Although sales increased on orders received in the previous fiscal year, industrial equipment order intake continued to decline because of restrictions on sales activities and other factors associated with the COVID-19 pandemic.
  15. FY2021-Q2Shift to a decline in industrial equipment ordersAnnual report

    「For industrial equipment, sales increased in both heavy electrical equipment-related and steelmaking-related areas due to orders received in the previous fiscal year, but order intake decreased because of restrictions on sales activities and other factors associated with the COVID-19 pandemic.」

    Although an increase in orders driven by heavy electrical equipment- and steelmaking-related demand had been reported through the previous quarter, order intake decreased this quarter because of restrictions on sales activities and other factors associated with the COVID-19 pandemic.
  16. FY2021-Q1Marine equipment orders maintained; industrial equipment orders decreasedAnnual report

    「For marine equipment, order intake remained at the previous year's level, but sales decreased. Profitability also deteriorated because of requests from shipyards for price reductions and other factors. For industrial equipment, sales increased because of projects carried over from the previous fiscal year, but order intake decreased.」

    While marine equipment order intake remained at the previous year's level, industrial equipment order intake decreased.
  17. FY2020-Q3RestatedAnnual report

    「For marine equipment, sales increased mainly because of a substantial increase in hatch covers, while order intake increased on firm demand for hull blocks. For industrial equipment, sales decreased, but order intake increased on firm demand related to heavy electrical equipment, steelmaking and other areas.」

    For marine equipment, hatch cover sales and hull block orders increased, while industrial equipment order intake also continued to increase against a background of heavy electrical equipment- and steelmaking-related demand.
  18. FY2020-Q2Increase in marine and industrial equipment ordersAnnual report

    「Orders for both hatch covers and hull blocks increased. For industrial equipment, sales decreased, but order intake increased on higher orders related to heavy electrical equipment, steelmaking and other areas.」

    For marine equipment, orders for hatch covers and hull blocks increased, while industrial equipment order intake also increased against a background of heavy electrical equipment- and steelmaking-related demand.
  19. FY2020-Q1Increase in orders driven by heavy electrical equipment- and steelmaking-related demandAnnual report

    「For industrial equipment, sales were roughly in line with the previous fiscal year overall, as increases in heavy electrical equipment-related and steelmaking-related sales were offset by a decline in plant construction-related sales. Order intake increased as firm demand related to heavy electrical equipment and steelmaking outweighed a decline in plant construction-related orders.」

    Although plant construction-related orders decreased, industrial equipment order intake increased on firm demand related to heavy electrical equipment and steelmaking.
  20. FY2019Overall decline in order intake and salesAnnual report

    「For industrial equipment, sales decreased overall because declines in air preheaters and plant construction-related work outweighed an increase in steelmaking-related sales. Order intake decreased across the board.」

    Although some steelmaking-related sales increased, industrial equipment sales and order intake decreased overall.
  21. FY2019-Q3RestatedAnnual report

    「Sales and order intake for industrial equipment both decreased.」

    Although some demand, including for plant construction-related work, remained, sales and order intake for industrial equipment as a whole continued to decline.
  22. FY2019-Q2RestatedAnnual report

    「For industrial equipment, sales increased in plant construction-related work but decreased overall because of declines in heavy electrical equipment-related and steelmaking-related work. Order intake decreased overall.」

    Although plant construction-related activity increased, the overall weakness in industrial equipment sales and order intake due to declines in heavy electrical equipment-related and steelmaking-related work has continued.
  23. FY2019-Q1Increase in plant construction-related orders, but weak heavy electrical equipment-related orders led to an overall declineAnnual report

    「For industrial equipment, sales increased on firm demand for plant construction-related work despite a decline in heavy electrical equipment-related sales. Order intake, however, decreased because demand related to heavy electrical equipment was weak despite an increase in plant construction-related orders.」

    Although demand and order intake related to plant construction increased, overall industrial equipment order intake decreased because of weakness in heavy electrical equipment-related demand.
  24. FY2018RestatedAnnual report

    「Order intake increased as demand for air preheaters and plant construction-related work remained firm.」

    While the machinery-related business as a whole reported lower revenue and profit, the increase in industrial equipment orders for air preheaters and plant construction-related work was also confirmed for the full fiscal year.
  25. FY2018-Q3First statedAnnual report

    「Order intake increased as demand for air preheaters and plant construction-related work remained firm.」

    While the machinery-related business as a whole reported lower revenue and profit, industrial equipment order intake increased on firm demand for air preheaters and plant construction-related work.
Moved together

"Earning power of the machinery-related business" moved the same way as this thread, in the same document, in 5 of its 28 moves.

544443★123456
  1. ★This thread
  2. 1Earning power of the machinery-related business5×
  3. 2Improved occupancy at rental properties4×
  4. 3Strengthening the production system and quality control4×
  5. 4Capital Investment in Growth Areas, Labor Saving and Quality Improvement4×
  6. 5Stabilizing high-silica earnings by expanding customers and outsourcing overseas production4×
  7. 6Weak demand and losses in the resource-related business3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nitchitsu's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Earnings presentation of 2026-11-13: "Advanced".
News
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