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Nippon Sharyo (7102) · InitiativeReframed

Strengthening the design and manufacturing structure for a large North American project

First written in FY2017-Q1. 2 of 7 entries say "Restated". Latest entry: FY2019.

7entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseSoftenedFY2017-Q3RestatedFY2018-Q32016: 220162017: 320172018: 120182019: 12019
Same theme, other companies
Strengthening Risk and Quality Management for M&A and Large-Order ProjectsA theme 5 companies write about · 0 as a headwind · 5 as a tailwind

Nippon Sharyo moved to the "Worse" side of this theme in 2019.

0 other companies' latest entry also says "Reframed".

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. FY2019ReframedAnnual report

    「For projects generating losses, we will seek to improve operations by reviewing the project execution structure and taking other measures.」

    The description broadened from strengthening the design and manufacturing structure for the North American project to reviewing the project execution structure for loss-generating projects generally.
  2. FY2018-Q3RestatedAnnual report

    「As described in “1. Business Risks,” an alternative manufacturer began manufacturing the railcars for the large railcar project for the U.S.」

    The change from strengthening the Company’s design and manufacturing structure to having an alternative manufacturer handle manufacturing continued to be disclosed.
  3. FY2018-Q2ReframedAnnual report

    「After the end of the second quarter of the current consolidated fiscal year, as a measure to minimize the impact on the relevant parties, a railcar manufacturer other than the Company, referred to below as the “alternative manufacturer,” began manufacturing the railcars for the project.」

    The response changed from the previous framework of strengthening the Company’s dedicated design and manufacturing structure to a framework in which an alternative manufacturer would manufacture the railcars.
  4. FY2018-Q1RestatedAnnual report

    「For the large railcar project for the U.S., we had taken measures to ensure stable and steady execution, including strengthening the dedicated team within the design division. However, while responding to the design review, we encountered technical issues and informed the customer that it had become difficult to execute the project as scheduled. We are currently holding discussions with the customer.」

    The disclosure continued to describe the implementation of measures such as strengthening the dedicated design team, while also stating that technical issues made execution as scheduled difficult and that discussions with the customer were continuing.
  5. FY2017-Q3SoftenedAnnual report

    「While responding to the design review, we encountered technical issues and informed the customer that it had become difficult to execute the project as scheduled. We are currently discussing with the customer the direction for appropriately executing the project going forward.」

    Although the Company continued its previous measures, including strengthening the dedicated design team, technical issues made execution as scheduled difficult, and discussions with the customer began regarding the future direction of the project.
  6. FY2017-Q2AdvancedAnnual report

    「To respond appropriately to the design review and related matters, we are strengthening the dedicated team assigned to the project within the design division and increasing the number of personnel handling the design work. We are also adjusting and reviewing the manufacturing structure and taking other measures to ensure the stable and steady execution of the project.」

    In addition to strengthening the existing dedicated team and reviewing the manufacturing structure, the Company specifically stated that it was increasing the number of personnel handling the design work.
  7. FY2017-Q1First statedAnnual report

    「To respond appropriately to the design review and related matters, we are strengthening the dedicated team assigned to the project within the design division. We are also adjusting and reviewing the manufacturing structure and taking other measures to ensure the stable and steady execution of the project.」

    Specific measures include strengthening the dedicated design team and adjusting and reviewing the manufacturing structure.
Moved together

"Significant Increase in Orders and Order Backlog in the Railway Rolling Stock Business" moved the same way as this thread, in the same document, in 3 of its 7 moves.

322★123
  1. ★This thread
  2. 1Significant Increase in Orders and Order Backlog in the Railway Rolling Stock Business3×
  3. 2Material uncertainty related to the going-concern assumption following two consecutive operating losses2×
  4. 3Design review and delivery delays for large U.S. railcar project2×

★ 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
Nippon Sharyo's next results are scheduled for 2026-10-27. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Strengthening the design and manufacturing structure for a large North American project | NIPPON SHARYO,LTD. (7102) | Komori