Komori
Nitchitsu (7021) · FactWorsenedLatest Earnings presentation (2026-11-13): "Advanced"

Earning power of the machinery-related business

First written in FY2016. 22 of 40 entries say "Worsened", first in FY2018-Q1. Latest entry: 2026-11-13.

40entries
11years
5from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseWorsenedFY2018-Q1 – FY2019-Q2WorsenedFY2020-Q2 – FY2022-Q3AdvancedFY2024-Q1 – FY20252016: 320162017: 420172018: 420182019: 420192020: 320202021: 420212022: 320222023: 420232024: 320242025: 220252026: 62026
Same theme, other companies

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

Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「The machinery-related business recorded revenue of ¥6,492 million, down 0.5% from the previous consolidated fiscal year, and segment profit of ¥108 million, down 49.1%.」

    The machinery-related business recorded an almost flat decline in revenue, while segment profit fell 49.1%. Unprofitable projects and the cost of installing a new automated processing line weighed on profit, among other factors.
  2. FY2026-H1WorsenedAnnual report

    「As a result, the machinery-related business as a whole recorded revenue of ¥3,372 million, up 7.1% year on year, and operating profit of ¥74 million, down 50.2%.」

    Although the machinery-related business recorded higher revenue, operating profit fell 50.2% year on year due to unprofitable projects and higher costs associated with the installation of a new automated steel-processing line.
  3. FY2025AdvancedAnnual report

    「The machinery-related business recorded revenue of ¥6,523 million, up 23.7% from the previous consolidated fiscal year, and segment profit of ¥212 million, up 63.4%.」

    The machinery-related business recorded higher revenue and profit, with segment profit up 63.4% year on year.
  4. FY2025-H1AdvancedAnnual report

    「As a result, the machinery-related business as a whole recorded revenue of ¥3,147 million, up 18.1% year on year, and operating profit of ¥149 million, up 95.4%.」

    The machinery-related business recorded higher revenue and profit, with operating profit up 95.4% year on year. The disclosure cites improved productivity and profitability in marine equipment and sales related to hydroelectric and geothermal power generation for industrial machinery.
  5. FY2024AdvancedAnnual report

    「The machinery-related business recorded revenue of ¥5,275 million, up 11.2% from the previous consolidated fiscal year, and segment profit of ¥130 million, compared with a segment loss of ¥252 million in the previous consolidated fiscal year.」

    The machinery-related business recorded higher revenue and swung from a segment loss to profit of ¥130 million.
  6. FY2024-Q3AdvancedAnnual report

    「As a result, the machinery-related business as a whole recorded revenue of ¥3,906 million, up 16.5% year on year, and segment profit of ¥93 million, compared with a segment loss of ¥124 million in the previous year.」

    The machinery-related business recorded higher revenue and swung from a segment loss to profit of ¥93 million.
  7. FY2024-Q2AdvancedAnnual report

    「As a result, the machinery-related business as a whole recorded revenue of ¥2,665 million, up 12.7% year on year, and segment profit of ¥76 million, up 565.6%.」

    The machinery-related business recorded higher revenue and profit, driven by the recovery in hatch-cover sales, improved operating rates, and sales related to renewal investments at steel mills.
  8. FY2024-Q1AdvancedAnnual report

    「In the marine equipment division, sales of hatch covers, for which orders had been accumulated in the previous fiscal year, recovered, and the operating rate also improved. The industrial equipment division also recorded sales related to renewal investments at steel mills. As a result, the machinery-related business as a whole recorded revenue of ¥1,349 million, up 15.9% year on year, and segment profit of ¥60 million, up 6.7%.」

    The machinery-related business recorded higher revenue and profit, driven by the recovery in hatch-cover sales, improved operating rates, and sales related to renewal investments at steel mills.
  9. FY2023WorsenedAnnual report

    「The machinery-related business generated net sales of ¥4,743 million, up 3.7% from the previous consolidated fiscal year, and a segment loss of ¥252 million, compared with a segment loss of ¥143 million in the previous consolidated fiscal year.」

    The machinery-related business recorded higher revenue, but the segment loss widened due to unprofitable ship equipment projects and insufficient workloads for industrial equipment, among other factors.
  10. FY2023-Q3AdvancedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥3,353 million, up 6.2% year on year, and segment loss was ¥124 million, compared with a segment loss of ¥196 million in the same period of the previous year.」

    The machinery-related business generated higher revenue, and segment loss narrowed from ¥196 million in the same period of the previous year to ¥124 million. However, a segment loss remained.
  11. FY2023-Q2AdvancedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥2,364 million, up 3.6% year on year, and segment income was ¥11 million, compared with a segment loss of ¥140 million in the same period of the previous year.」

    The machinery-related business generated higher revenue and turned from a segment loss in the same period of the previous year to income of ¥11 million.
  12. FY2023-Q1AdvancedAnnual report

    「As a result, overall net sales in the machinery-related business, including businesses other than marine and industrial equipment, were ¥1,164 million, down 0.8% year on year, and segment income was ¥56 million, compared with a segment loss of ¥32 million in the same period of the previous year.」

    Although revenue declined slightly, the machinery-related business turned from a segment loss in the same period of the previous year to income of ¥56 million.
  13. FY2022-Q3WorsenedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥3,158 million, down 24.0% year on year, and segment loss was ¥196 million, compared with a segment loss of ¥21 million in the same period of the previous year.」

    The machinery-related business saw the revenue decline widen, while segment loss increased from ¥21 million in the same period of the previous year to ¥196 million. The disclosure cited higher unit costs due to insufficient construction volume and increased provisions for losses on orders.
  14. FY2022-Q2WorsenedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥2,283 million, down 21.4% year on year, and segment loss was ¥140 million, compared with segment income of ¥26 million in the same period of the previous year.」

    The machinery-related business posted a substantial revenue decline and turned from segment income in the same period of the previous year to a loss of ¥140 million. Ship-hull blocks remained at the previous year's level, but the disclosure cited lower orders and sales of hatch covers and increased provisions for losses on orders due to insufficient construction volume.
  15. FY2022-Q1WorsenedAnnual report

    「Orders for marine equipment fell substantially below the same period of the previous year due to a decline in the number of vessels being built at domestic shipyards, and sales also declined. Profitability deteriorated due to lower capacity utilization caused by insufficient construction volume. Orders for industrial equipment related to heavy electrical equipment and steelmaking both increased, but sales declined, and provisions for losses on orders increased due to higher processing costs resulting from insufficient construction volume. As a result, overall net sales in the machinery-related business were ¥1,174 million, down 22.5% year on year, and segment loss was ¥32 million, compared with segment income of ¥31 million in the same period of the previous year.」

    The machinery-related business posted a substantial revenue decline and turned from segment income in the same period of the previous year to a loss of ¥32 million. The disclosure cited insufficient construction volume, lower capacity utilization and increased provisions for losses on orders.
  16. FY2021WorsenedAnnual report

    「The machinery-related business generated net sales of ¥5,472 million, down 12.4% from the previous consolidated fiscal year, and segment income of ¥4 million, down 98.3%.」

    Revenue declined and segment income fell substantially due to weak orders from domestic shipyards, delivery schedule changes, order cancellations, typhoon damage, the impact of COVID-19 and other factors.
  17. FY2021-Q3WorsenedAnnual report

    「Sales and orders for marine equipment both declined due to a slowdown in construction caused by weak orders from domestic shipyards. Production also contracted and profitability deteriorated due to changes in delivery schedules for existing orders, pricing pressure and cancellations of newbuilding plans. Industrial equipment generated higher sales in both the heavy electrical equipment and steelmaking-related businesses based on orders received in the previous fiscal year, but orders declined due to restrictions on sales activities associated with the COVID-19 pandemic and other factors. As a result, overall net sales in the machinery-related business were ¥4,157 million, down 5.4% year on year, and segment loss was ¥21 million, compared with segment income of ¥113 million in the same period of the previous year.」

    The machinery-related business turned from higher revenue and segment income in the same period of the previous year to lower revenue and a loss due to lower orders and sales for marine equipment, reduced production, pricing pressure and other factors.
  18. FY2021-Q2WorsenedAnnual report

    「Sales and orders for marine equipment both declined due to a slowdown in construction caused by weak orders from domestic shipyards. Profitability also deteriorated due to large-scale repair work, restoration costs related to damage from Typhoon No. 10 in September, and lower work efficiency. Industrial equipment generated higher sales in both the heavy electrical equipment and steelmaking-related businesses based on orders received in the previous fiscal year, but orders declined due to restrictions on sales activities associated with the COVID-19 pandemic and other factors. As a result, overall net sales in the machinery-related business were ¥2,903 million, down 1.3% year on year, and segment income was ¥26 million, down 67.2%.」

    The machinery-related business posted lower revenue and segment income. The disclosure cited weak shipbuilding orders, typhoon restoration costs and lower work efficiency, as well as lower orders due to the COVID-19 pandemic.
  19. FY2021-Q1WorsenedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥1,515 million, up 6.1% year on year, and segment income was ¥31 million, down 57.5%.」

    Although the machinery-related business generated higher revenue, segment income declined substantially due to deteriorating profitability caused by price reduction requests from shipyards and other factors.
  20. FY2020-Q3WorsenedAnnual report

    「Profitability deteriorated due to worsening margins associated with a sharp increase in hatch-cover construction volume and unprofitable industrial equipment projects, among other factors. As a result, overall net sales in the machinery-related business were ¥4,394 million, up 9.9% year on year, and segment income was ¥113 million, down 26.8%.」

    Although revenue increased as construction volume rose, segment income declined due to deteriorating profitability and unprofitable construction projects, among other factors.
  21. FY2020-Q2WorsenedAnnual report

    「Although sales of industrial equipment declined, orders increased due to growth in orders related to heavy electrical equipment and steelmaking, among other areas. However, profitability in industrial equipment deteriorated as provisions for losses on orders increased due to delays in construction schedules and other factors. As a result, overall net sales in the machinery-related business were ¥2,941 million, up 17.8% year on year, and segment income was ¥80 million, down 5.6%.」

    The machinery-related business generated higher revenue, but segment income declined due to an increase in provisions for losses on orders caused by delays in construction schedules and other factors.
  22. FY2020-Q1AdvancedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥1,428 million, up 17.3% year on year, and segment income was ¥73 million, up 19.8%.」

    Against a backdrop of a gradual recovery in the shipbuilding market and firm demand related to heavy electrical equipment and steelmaking, the machinery-related business posted higher revenue and segment income.
  23. FY2019WorsenedAnnual report

    「Overall net sales in the machinery-related business were ¥5,585 million, down 2.9% from the previous consolidated fiscal year, and segment income was ¥240 million, down 22.2%.」

    The machinery-related business posted lower revenue and segment income for the full fiscal year, confirming a decline in profit.
  24. FY2019-Q3Continued lower revenue and segment income, narrower declines, and unprofitable construction projectsAnnual report

    「Sales and orders for marine equipment both declined due to the delayed recovery in new orders for newbuild vessels at domestic shipyards. Sales and orders for industrial equipment also declined. Segment income fell substantially due to unprofitable construction projects caused by unexpected increases in man-hours and other factors. As a result, overall net sales in the machinery-related business were ¥3,997 million, down 4.0% year on year, and segment income was ¥155 million, down 32.6%.」

    The machinery-related business continued to post lower revenue and segment income, although the year-on-year rates of decline narrowed from the cumulative second-quarter results. The disclosure cited the delayed recovery in new orders for newbuild vessels, lower sales and orders for industrial equipment, and unprofitable construction projects caused by unexpected increases in man-hours.
  25. FY2019-Q2WorsenedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥2,497 million, down 13.3% year on year, and segment income was ¥85 million, down 52.8%.」

    The machinery-related business posted lower revenue and segment income, with the decline in segment income widening to 52.8%. Unprofitable construction projects and other items were cited as major factors behind the decline.
  26. FY2019-Q1WorsenedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥1,216 million, down 11.5% year on year, and segment income was ¥61 million, down 37.9%.」

    The machinery-related business posted lower revenue and segment income, with net sales down 11.5% and segment income down 37.9% year on year.
  27. FY2018WorsenedAnnual report

    「Overall net sales in the machinery-related business were ¥5,755 million, down 11.9% from the previous consolidated fiscal year, and segment income was ¥309 million, down 47.5%.」

    The machinery-related business posted lower revenue and segment income for the full fiscal year, with the decline in profit reaching 47.5%.
  28. FY2018-Q3WorsenedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥4,164 million, down 13.7% year on year, and segment income was ¥230 million, down 46.1%.」

    The machinery-related business continued to post lower revenue and segment income, with the rates of decline widening further from the cumulative second-quarter results. The disclosure cited sluggish new orders for newbuild vessels and the completion of large industrial equipment projects.
  29. FY2018-Q2WorsenedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥2,879 million, down 10.4% year on year, and segment income was ¥181 million, down 33.4%.」

    The machinery-related business continued to post lower revenue and segment income, with the rates of decline widening. The disclosure cited sluggish new orders for newbuild vessels and the completion of large industrial equipment projects.
  30. FY2018-Q1WorsenedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥1,375 million, down 16.4% year on year, and segment income was ¥99 million, down 31.0%.」

    The machinery-related business saw the declines in revenue and segment income widen from the same period of the previous year. The disclosure cited sluggish new orders for newbuild vessels and a slowdown in construction by marine equipment customers, as well as the completion of large industrial equipment projects.
  31. FY2017AdvancedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥6,534 million, down 2.9% from the previous consolidated fiscal year, and operating income was ¥588 million, up 2.5%.」

    For the full fiscal year, revenue declined but profit increased, with gross margin improving markedly due to cost-reduction efforts and rigorous profitability management.
  32. FY2017-Q3Shift to lower revenue and lower profitsAnnual report

    「As a result, overall net sales in the machinery-related business were ¥4,823 million, down 2.6% year on year, and segment income was ¥428 million, down 5.3%.」

    After higher revenue but lower segment income in the first half, cumulative results through the third quarter showed lower revenue and segment income. Sales of marine equipment declined due to sluggish new orders for newbuild vessels, although orders increased slightly following the conclusion of hatch-cover projects.
  33. FY2017-Q2Change to higher revenue and lower earningsAnnual report

    「As a result, overall net sales in the machinery-related business were ¥3,213 million, up 0.9% year on year, and segment income was ¥272 million, down 3.1%.」

    After lower revenue and segment income in the first quarter, cumulative results for the first half showed higher revenue but lower segment income. Sales and orders for marine equipment declined due to sluggish new orders for newbuild vessels, while sales of industrial equipment increased on large projects.
  34. FY2017-Q1Quarterly revenue decline and lower profitAnnual report

    「As a result, overall net sales in the machinery-related business were ¥1,644 million, down 2.8% year on year, and segment income was ¥143 million, down 5.8%.」

    Although orders for marine equipment increased, sales declined due to delivery schedules, resulting in lower revenue and segment income for the machinery-related business overall.
  35. FY2016First statedAnnual report

    「As a result, overall net sales in the machinery-related business were ¥6,732 million, up 1.0% from the previous consolidated fiscal year, and operating income was ¥574 million, up 15.7%.」

    The machinery-related business delivered higher revenue and profit despite deteriorating company-wide performance.
Moved together

"Lower sales in the Materials-related Business as orders ran their course" moved the same way as this thread, in the same document, in 15 of its 40 moves.

151413101010★123456
  1. ★This thread
  2. 1Lower sales in the Materials-related Business as orders ran their course15×
  3. 2Weak demand and losses in the resource-related business14×
  4. 3Improved occupancy at rental properties13×
  5. 4Decline in Revenue and Profit10×
  6. 5Reduction of Interest-Bearing Debt10×
  7. 6Risk from customer industries and market fluctuations10×

★ 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
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Earning power of the machinery-related business | NITCHITSU CO.,LTD. (7021) | Komori