Sluggish Orders from Major Customers and Slowing Market Demand
First written in FY2017-Q1. 9 of 35 entries say "Mitigated", first in FY2017. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Revenue growth in Japan, Europe and Asia coexists with revenue declines in the US and ChinaAnnual report
「The group’s sales, on a foreign-currency basis, increased year on year in Japan, Europe and Asia and decreased year on year in the United States and China.」
Demand trends diverged by region, with higher sales in Japan, Europe and Asia and lower sales in the United States and China. - 2026-04-27OtherEarnings
「Under these circumstances, the consolidated group’s sales on a foreign-currency basis increased year on year in Japan, Europe and Asia, while decreasing in the United States and China.」
Demand trends diverged by region, with increases in Japan, Europe and Asia and decreases in the United States and China. - FY2026-H1Higher sales in Japan and Asia, with lower sales in the United States, Europe and ChinaAnnual report
「Under these conditions, the group’s sales, on a foreign-currency basis, increased year on year in Japan and Asia and decreased in the United States, Europe and China.」
Demand trends diverged by region. Sales increased in Japan and Asia but decreased in the United States, Europe and China. In China, automotive sales decreased while sales for construction and industrial machinery applications increased. - FY2025Higher sales in Japan, the United States and Asia coexist with lower sales in Europe and ChinaAnnual report
「Sales decreased year on year in all regions except Japan.」
On a foreign-currency basis, sales decreased in all regions except Japan. Sales increased in Japan, the United States and Asia, while Europe declined 15.9% and China declined 23.7%, indicating diverging demand trends by region. - FY2025-H1Higher sales in North America coexist with lower sales in China, Europe and AsiaAnnual report
「Under these conditions, the group’s sales, on a foreign-currency basis, decreased year on year in all regions except North America.」
While foreign-currency sales increased in North America, lower sales were indicated in China, Europe, Asia and Japan, showing diverging demand trends by region. - FY2024Lower sales in China coexist with recovering demand in other regionsAnnual report
「The group’s sales, on a foreign-currency basis, increased year on year in all regions except China.」
Sales increased in Japan, the United States, Europe and Asia, while sales in China decreased as lower orders continued amid weak markets for automotive and construction and industrial machinery applications. - FY2024-Q3Higher and lower orders coexist across regions and applicationsAnnual report
「Sales for construction and industrial machinery applications decreased year on year due in part to lower orders, while sales for automotive applications increased year on year due in part to higher orders. Sales for construction and industrial machinery applications increased year on year due in part to higher orders. Sales for automotive and construction and industrial machinery applications decreased year on year due in part to lower orders amid a weak market.」
In Japan, sales for construction and industrial machinery applications decreased while automotive sales increased. In the United States, sales for both applications increased. In China, both applications decreased due to lower orders amid a weak market, indicating diverging demand trends by region. - FY2024-Q2Higher and lower orders coexist across regions and applicationsAnnual report
「Sales for automotive applications decreased in Vietnam due to the effects of economic deterioration and other factors, but increased year on year in Thailand and Indonesia due to higher orders and other factors. Sales for construction and industrial machinery applications increased due in part to higher orders, while sales for automotive applications decreased year on year due to lower orders amid a weak market and other factors.」
In Asia, lower sales in Vietnam coexisted with higher sales in Thailand and Indonesia. In China, higher orders for construction and industrial machinery applications coexisted with a weak market and lower orders for automotive applications. - FY2024-Q1Higher and lower orders coexist across regionsAnnual report
「Sales for automotive applications decreased year on year in Vietnam due to lower orders and other factors, but increased year on year in Thailand and Indonesia due to higher orders and other factors. Sales for automotive applications decreased year on year due to lower commercial-vehicle sales, fewer models receiving orders amid a weak market, and other factors. Sales for construction and industrial machinery applications decreased year on year due to lower orders and other factors.」
In Asia, lower orders in Vietnam coexisted with higher orders in Thailand and Indonesia. In China, sales for both automotive and construction and industrial machinery applications decreased due to lower commercial-vehicle sales, a weak market and lower orders. - FY2023-Q3Higher sales outside China, with worsening demand in ChinaAnnual report
「Under these conditions, the group’s sales, on a foreign-currency basis, increased year on year in all regions except China.」
Sales increased year on year in Japan, the United States, Europe and Asia, while demand in China deteriorated due to the impact of COVID-19, semiconductor shortages and other factors, resulting in lower sales. - FY2023-Q2Recovery in demand and downward pressures coexist across regions and applicationsAnnual report
「Sales for automotive applications were affected by semiconductor shortages and other factors, but demand remained firm, while sales for construction and industrial machinery applications were generally strong. Both increased year on year. Sales for automotive and construction and industrial machinery applications decreased year on year due to the Shanghai lockdown, semiconductor shortages and other factors.」
In Japan, firm demand led to higher sales for automotive and construction and industrial machinery applications, while in China both applications declined due to the Shanghai lockdown and semiconductor shortages. Demand trends diverged by region. - FY2023-Q1Higher and lower orders coexist across regions and applicationsAnnual report
「Sales for automotive and construction and industrial machinery applications increased year on year, due in part to higher orders. Sales for construction and industrial machinery applications decreased from the previous period, due in part to lower orders. Sales for construction and industrial machinery applications decreased year on year, due in part to lower orders.」
While higher sales driven by increased orders were indicated in Japan and Asia, lower orders continued for construction and industrial machinery applications in the United States and China, indicating diverging demand trends by region and application. - FY2022Recovery in demand and downward pressures coexist across regions and applicationsAnnual report
「Sales for automotive applications were affected by production cuts at major customers due in part to semiconductor shortages, but were roughly unchanged year on year. Sales for construction and industrial machinery applications increased sharply year on year, due in part to higher orders.」
In Japan, production cuts at major customers due to semiconductor shortages continued, while sales for construction and industrial machinery applications increased sharply on higher orders. Demand trends diverged by application. - FY2022-Q3RestatedAnnual report
「Sales for automotive and construction and industrial machinery applications increased sharply from the previous period, due in part to higher orders.」
In Japan, higher sales for automotive and construction and industrial machinery applications due to a recovery in orders from major customers continue to be indicated. - FY2022-Q2MitigatedAnnual report
「Sales for automotive and construction and industrial machinery applications had declined in the previous period due to lower orders from major customers amid the spread of COVID-19, but increased sharply from the previous period in the current period, due in part to higher orders.」
Japan's sales for automotive and construction and industrial machinery applications, which had declined in the same period of the previous year due to lower orders from major customers, recovered sharply on higher orders and other factors. Higher sales driven by increased orders and other factors were also indicated in the United States, Europe, Asia and China. - FY2022-Q1MitigatedAnnual report
「Sales for automotive and construction and industrial machinery applications had declined in the previous period due to lower orders from major customers amid the spread of COVID-19, but increased sharply from the previous period in the current period, due in part to higher orders.」
Japan's sales for automotive and construction and industrial machinery applications, which had declined in the same period of the previous year due to lower orders from major customers, recovered sharply on higher orders and other factors. - FY2021-Q3RestatedAnnual report
「Sales of automotive products and construction and industrial machinery products declined significantly from the previous period, owing to lower sales by major customers amid the spread of COVID-19.」
In Japan and the United States, sales for automotive and construction and industrial machinery applications decreased sharply due to lower sales by major customers, and downward pressure from demand at major customers continues. - FY2021-Q2WorsenedAnnual report
「Sales of automotive products and construction and industrial machinery products declined significantly from the previous period, owing to lower sales by major customers amid the spread of COVID-19.」
Lower sales by major customers are significantly depressing sales for automotive and construction and industrial machinery applications across multiple regions, including Japan and the United States. - FY2021-Q1WorsenedAnnual report
「Although the Chinese market, where the impact of COVID-19 had begun to subside, was recovering, markets in Japan, the United States, Europe and Southeast Asia, where infections were spreading, declined sharply. As a result, sales for construction and industrial machinery applications decreased sharply from the previous period, due in part to production cuts by major customers.」
While the Chinese market showed signs of recovery, sales for construction and industrial machinery applications decreased sharply due to declines in the Japanese, US, European and Southeast Asian markets and production cuts by major customers. - FY2020WorsenedAnnual report
「Sales for construction and industrial machinery applications decreased sharply from the previous period, due to lower demand from China and the mining market.」
Lower demand from China and the mining market was a factor behind lower full-year sales in the Japan segment, and downward pressure from major customers and market demand continues. - FY2020-Q3WorsenedAnnual report
「Sales for automotive applications decreased year on year, due in part to lower sales by major customers. Sales for construction and industrial machinery applications decreased sharply year on year, due to lower demand from China and the mining market. Sales for construction and industrial machinery applications decreased year on year, due to lower sales by major customers.」
Lower automotive sales by major customers and lower demand from China and the mining market in Japan, together with lower sales by major customers in the United States, were indicated, showing that downward pressure from major customers and market demand continues across multiple regions. - FY2020-Q2WorsenedAnnual report
「Sales for construction and industrial machinery applications decreased year on year, due to lower demand from China and the mining market.」
Lower demand in China and the mining market, which had previously been described as recovering or strong, was identified as a factor behind lower sales for construction and industrial machinery applications in the Japan segment. - FY2020-Q1WorsenedAnnual report
「Sales for construction and industrial machinery applications decreased year on year, due to lower demand from China and the mining market.」
Lower demand from China and the mining market, which had previously been described as recovering or strong, was identified as a factor behind lower sales in the Japan segment. - FY2019MitigatedAnnual report
「Sales for construction and industrial machinery applications increased from the previous period in the first half of the fiscal year, due to higher demand from China and strong conditions in the mining market.」
Higher sales driven by increased demand from China and strong conditions in the mining market are emerging as countervailing factors to the previous downward pressures of sluggish demand from major customers and a slowing market. - FY2019-Q3MitigatedAnnual report
「Sales for construction and industrial machinery applications increased year on year, due to higher demand from China and strong conditions in the mining market.」
Sales for construction and industrial machinery applications are increasing year on year, due to higher demand from China and strong conditions in the mining market. - FY2019-Q2MitigatedAnnual report
「Sales for construction and industrial machinery applications increased year on year, due to higher demand from major customers.」
The narrative has shifted from sluggish demand from major customers and a slowing market to higher sales for construction and industrial machinery applications in the United States, due to increased demand from major customers. - FY2019-Q1MitigatedAnnual report
「Sales for construction and industrial machinery applications increased year on year, due to higher demand from major customers.」
The narrative has shifted from sluggish demand from major customers and a slowing market to higher sales for construction and industrial machinery applications in the United States, due to increased demand from major customers. - FY2018MitigatedAnnual report
「Sales for construction and industrial machinery applications increased from the previous period, due to higher demand from China and a recovery in the mining market.」
The narrative has shifted from sluggish orders from major customers and a slowing market to higher sales, driven by increased demand from China and a recovery in the mining market. - FY2018-Q3MitigatedAnnual report
「Sales for construction and industrial machinery applications increased year on year, due to higher demand from China and a recovery in the mining market.」
The narrative has shifted from sluggish orders from major customers and a slowing market to higher sales for construction and industrial machinery applications, driven by increased demand from China and a recovery in the mining market. - FY2018-Q2Shift toward increased demand in some marketsAnnual report
「Revenue from construction and industrial machinery increased year on year due to rush demand ahead of emissions regulations and increased demand from China.」
The narrative has shifted from sluggish orders from major customers to increased demand in some markets, with indications of rush demand ahead of Japan's emissions regulations and growing demand from China. - FY2018-Q1RestatedAnnual report
「Revenue from construction and industrial machinery decreased due to lower demand from major customers.」
In the US, revenue from construction and industrial machinery continued to decline due to lower demand from major customers. However, the US segment as a whole reported higher revenue due to increased automotive revenue. - FY2017MitigatedAnnual report
「Revenue from construction and industrial machinery was largely unchanged from the previous fiscal year as orders from major customers recovered toward the second half of the fiscal year.」
Recovery in orders from major customers toward the second half of the fiscal year brought revenue from construction and industrial machinery in Japan back to around the previous fiscal year's level, following a period of weak orders. - FY2017-Q3Signs of market recovery also emergingAnnual report
「Revenue from construction and industrial machinery decreased because orders from major customers remained weak, despite signs of a partial recovery in the market.」
Although the market has begun to show signs of partial recovery, weak orders from major customers and declining revenue have continued. - FY2017-Q2RestatedAnnual report
「Revenue from construction and industrial machinery decreased because orders from major customers remained weak.」
Orders from major customers remained weak in Japan, while lower orders from major customers in the US also contributed to the decline in revenue. - FY2017-Q1First statedAnnual report
「Revenue from construction and industrial machinery decreased due to weak orders from major customers.」
Weak conditions have continued not only in Japan's construction and industrial machinery market but also in China's domestic construction and industrial machinery market.