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Nitchitsu (7021) · InitiativeAdvanced

Securing industrial equipment construction projects in hydroelectric power, wind power and other areas

First written in FY2022-Q3. 5 of 12 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.

12entries
5years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2023-Q2 – FY2024-Q3AdvancedFY2025-H1 – 2026-05-142022: 320222023: 220232024: 320242025: 120252026: 32026
Same theme, other companies
Expansion of Major Order Wins in the Energy and Lifeline SectorA theme 7 companies write about · 0 as a headwind · 7 as a tailwind

The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.

4 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.
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.」

    Regarding the policy of winning construction projects in renewable energy and new fields, the company reported winning orders related to offshore wind power and other areas as an actual result.
  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.」

    The company reported a recovery in sales in power-related areas, including hydroelectric power, and an accumulation of orders in steelmaking machinery-related areas.
  3. FY2025-H1AdvancedAnnual 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 connection with the direction of expanding order-winning fields from hydroelectric and wind power to renewable energy and other areas, the company reported sales from a large-scale geothermal power generation project as an actual result.
  4. FY2024ReframedAnnual 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.」

    The previous policy of winning construction projects in hydroelectric power, wind power and other areas expanded into an order-winning strategy covering new fields, including renewable energy and environmental measures.
  5. FY2024-Q3RestatedAnnual report

    「Although thermal power generation remains in a difficult situation, demand was seen in hydroelectric power, steelmaking-related and other areas in the Industrial Equipment segment.」

    While thermal power generation remains challenging, the company continues to pursue demand in hydroelectric power, steelmaking-related and other areas.
  6. FY2024-Q2RestatedAnnual report

    「Although thermal power generation remains in a difficult situation, demand was seen in hydroelectric power, steelmaking-related and other areas in the Industrial Equipment segment.」

    The direction of improving industrial equipment profitability by winning construction projects in hydroelectric power, steelmaking-related and other areas continues to be reflected in the description of the demand environment.
  7. FY2023-Q3RestatedAnnual report

    「The Industrial Equipment segment also offset the decline in steelmaking-related sales with heavy electrical equipment-related business, including hydroelectric and wind power.」

    The direction of offsetting the decline in industrial equipment sales by winning construction projects in hydroelectric power, wind power and other areas continues.
  8. FY2023-Q2RestatedAnnual 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 direction of improving industrial equipment profitability by winning construction projects in hydroelectric power, wind power and other areas continues to be evident as an offset to the decline in sales.
  9. FY2023-Q1AdvancedAnnual 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.」

    In connection with the policy of winning construction projects in hydroelectric power, wind power and other areas, wind-power-related construction projects helped offset the decline in sales.
  10. FY2022-Q3First statedAnnual report

    「In the Industrial Equipment segment, the company will seek to win construction projects in hydroelectric power, wind power, steelmaking and related areas and improve profitability.」

    The company stated for the first time a specific policy of winning construction projects in hydroelectric power, wind power and steelmaking-related areas to improve profitability in industrial equipment.
Moved together

"Strengthening the production system and quality control" moved the same way as this thread, in the same document, in 5 of its 12 moves.

554333★123456
  1. ★This thread
  2. 1Strengthening the production system and quality control5×
  3. 2Decrease in Cash Flow from Operating Activities5×
  4. 3Strengthening the production structure to handle increased marine equipment workload4×
  5. 4Earning power of the machinery-related business3×
  6. 5Lower sales in the Materials-related Business as orders ran their course3×
  7. 6Reduction of Interest-Bearing Debt3×

★ 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 2026-05-14: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Securing industrial equipment construction projects in hydroelectric power, wind power and other areas | NITCHITSU CO.,LTD. (7021) | Komori