Revenue decline amid yen appreciation and a return to company-wide profitability
First written in FY2017-Q3. 2 of 30 entries say "Cited as achieved", first in 2026-05-13. Latest entry: 2026-08-06.
No other company in this theme has enough history to compare yet.
- 2026-08-06Cited as achievedEarnings
「Operating profit declined to ¥10.8 billion from ¥13.4 billion in the same quarter of the previous year, mainly because the gain on a bargain purchase arising from the acquisition of Chita Kogyo Co., Ltd. as a wholly owned subsidiary, which was recorded in the same quarter of the previous year, was no longer recognized. Profit for the quarter attributable to owners of the parent also declined to ¥8.3 billion from ¥12.1 billion.」
For the first quarter, revenue increased, while operating profit and profit for the quarter attributable to owners of the parent declined because the gain on a bargain purchase recognized in the same quarter of the previous year was no longer recorded. - FY2026Updated full-year results: higher revenue and profitAnnual report
「Group sales increased by ¥43.2 billion year on year to ¥481.5 billion. Operating income was …¥34.9 billion…. Profit for the year attributable to owners of the parent was ¥29.0 billion….」
Full-year sales increased 9.9%, segment profit increased 48.2%, operating income increased 54.1% and profit for the year attributable to owners of the parent increased 94.9%. The gain on the bargain purchase arising from the conversion of 知多鋼業株式会社 into a wholly owned subsidiary was also cited as a factor contributing to higher profit. - 2026-05-13Cited as achievedEarnings
「Revenue was ¥481.5 billion, an increase of ¥43.2 billion from the previous consolidated fiscal year. Operating profit was ¥34.9 billion, compared with ¥22.7 billion in the previous consolidated fiscal year, due in part to the recognition of a gain on a bargain purchase arising from the acquisition of Chita Kogyo Co., Ltd. as a wholly owned subsidiary, in addition to solid revenue. Profit before tax was ¥34.9 billion, compared with ¥22.0 billion in the previous consolidated fiscal year.」
The fiscal year ended March 2026 saw higher revenue and profit, with operating profit of ¥34.9 billion and profit attributable to owners of the parent of ¥29.0 billion. The gain on a bargain purchase arising from the acquisition of Chita Kogyo as a wholly owned subsidiary was also cited as a factor behind the increase in profit. - FY2026-H1First-half results updated; higher revenue and profitAnnual report
「Operating income was ¥20.7 billion, compared with ¥8.3 billion in the same period of the previous fiscal year, partly because the company recognized a gain on the bargain purchase arising from the conversion of 知多鋼業株式会社 into a wholly owned subsidiary. Interim profit attributable to owners of the parent was ¥17.1 billion, compared with ¥5.2 billion.」
First-half sales increased by ¥17.4 billion year on year to ¥230.8 billion, while operating income was ¥20.7 billion and interim profit attributable to owners of the parent was ¥17.1 billion. The gain on the bargain purchase arising from the conversion of 知多鋼業株式会社 into a wholly owned subsidiary and other factors boosted profit. - FY2025-H1First-half results updated; lower revenue and profitAnnual report
「Sales decreased by ¥4.4 billion year on year to ¥213.5 billion. Operating income was ¥8.3 billion, compared with ¥11.1 billion in the same period of the previous fiscal year, and profit for the interim period attributable to owners of the parent was ¥5.2 billion, compared with ¥8.2 billion.」
First-half sales decreased by ¥4.4 billion year on year, while operating income declined from ¥11.1 billion to ¥8.3 billion and interim profit declined from ¥8.2 billion to ¥5.2 billion, updating results showing lower revenue and profit. - FY2024Full-year results updated; revenue increased and profit declinedAnnual report
「Group sales increased by ¥11.6 billion year on year to ¥442.8 billion, while operating income was ¥22.4 billion and profit before tax was ¥21.4 billion. Profit for the year attributable to owners of the parent was ¥15.8 billion.」
Full-year sales increased 2.7% to ¥442.8 billion, while operating income decreased 31.1% to ¥22.4 billion and profit for the year attributable to owners of the parent decreased 41.9% to ¥15.8 billion. - FY2024-Q3Third-quarter results updated; higher revenue and lower profitAnnual report
「Against this backdrop, group sales increased by ¥11.9 billion year on year to ¥328.7 billion, while operating income was ¥15.4 billion, compared with ¥20.4 billion in the same period of the previous fiscal year, and profit for the quarter attributable to owners of the parent was ¥11.0 billion, compared with ¥15.0 billion.」
For the nine-month period, sales increased by ¥11.9 billion year on year to ¥328.7 billion, while operating income was ¥15.4 billion and profit for the quarter attributable to owners of the parent was ¥11.0 billion, representing lower profit than in the same period of the previous fiscal year. - FY2024-Q2Second-quarter results updated; higher revenue and lower profitAnnual report
「Against this backdrop, during the six-month period of the current consolidated fiscal year, group sales increased by ¥8.0 billion year on year to ¥217.9 billion. Operating income was ¥11.1 billion, compared with ¥14.8 billion in the same period of the previous fiscal year, and profit for the quarter attributable to owners of the parent was ¥8.2 billion, compared with ¥10.6 billion.」
For the six-month period, sales increased by ¥8.0 billion year on year to ¥217.9 billion, while operating income was ¥11.1 billion and profit for the quarter attributable to owners of the parent was ¥8.2 billion, representing lower profit than in the same period of the previous fiscal year. - FY2024-Q1First-quarter results updated; higher revenue and lower profitAnnual report
「Against this backdrop, group sales increased by ¥6.9 billion year on year to ¥107.3 billion. Operating income was ¥6.4 billion, compared with ¥7.5 billion in the same period of the previous fiscal year, and profit for the quarter attributable to owners of the parent was ¥5.1 billion, compared with ¥5.0 billion.」
In the first quarter, sales increased by ¥6.9 billion year on year to ¥107.3 billion, while operating income decreased by ¥1.1 billion to ¥6.4 billion. Profit for the quarter attributable to owners of the parent was ¥5.1 billion, ¥100 million above the same period of the previous fiscal year. - FY2023-Q3Third-quarter results updated; higher revenue and lower profitAnnual report
「Against this backdrop, during the nine-month period of the current consolidated fiscal year, the recovery in demand following the resumption of economic activity and the effect of yen depreciation increased sales by ¥30.7 billion year on year to ¥316.8 billion. Operating income was ¥20.4 billion, compared with ¥23.3 billion in the same period of the previous fiscal year, and profit for the quarter attributable to owners of the parent was ¥15.0 billion, compared with ¥17.4 billion.」
For the nine-month period, sales increased by ¥30.7 billion year on year to ¥316.8 billion, while operating income was ¥20.4 billion and profit for the quarter attributable to owners of the parent was ¥15.0 billion, representing lower profit than in the same period of the previous fiscal year. - FY2023-Q2Second-quarter results updated; higher revenue and profitAnnual report
「Against this backdrop, during the six-month period of the current consolidated fiscal year, the recovery in demand following the resumption of economic activity and the effect of yen depreciation increased sales by ¥24.0 billion year on year to ¥209.9 billion. Operating income was ¥14,826 million, compared with ¥13,797 million in the same period of the previous fiscal year, and profit for the quarter attributable to owners of the parent was ¥10,604 million, compared with ¥9,502 million.」
For the six-month period, sales were ¥209.9 billion, operating income was ¥14,826 million and profit for the quarter attributable to owners of the parent was ¥10,604 million, representing year-on-year increases in revenue and profit. - FY2023-Q1First-Quarter Results UpdateAnnual report
「Sales increased by ¥5.5 billion year on year to ¥100.4 billion. Operating income was ¥7,479 million, compared with ¥7,020 million in the same period of the previous fiscal year, and profit for the quarter attributable to owners of the parent was ¥5,012 million, compared with ¥4,680 million.」
In the first quarter of fiscal 2022, sales were ¥100.4 billion, operating income was ¥7,479 million and profit for the quarter attributable to owners of the parent was ¥5,012 million, representing year-on-year increases in revenue and profit. - FY2022Full-year results updated; record-high profitAnnual report
「Sales increased 18.4% year on year to ¥388.4 billion, while segment profit increased 85.5% to ¥24.7 billion. Operating income was ¥30.0 billion, owing to progress in bringing oil dampers for seismic isolation and vibration control into compliance, the reversal of provisions for product warranties, and foreign-exchange gains resulting from yen depreciation. Both segment profit and operating income reached record highs.」
The recovery in demand from the COVID-19 pandemic and the reversal of provisions for product warranties and other factors resulted in sales of ¥388.4 billion, segment profit of ¥24.7 billion and operating income of ¥30.0 billion, all-time highs for segment profit and operating income. - FY2022-Q3Third-quarter results updated; continued return to profitabilityAnnual report
「Operating income was ¥23,326 million, compared with ¥5,844 million in the same period of the previous fiscal year, while profit for the quarter attributable to owners of the parent was ¥17,374 million, compared with ¥3,136 million, representing substantial profit growth.」
For the nine-month period, operating income was ¥23,326 million and profit for the quarter attributable to owners of the parent was ¥17,374 million, representing substantial profit growth from the same period of the previous fiscal year. - FY2022-Q2Second-quarter results updated; continued return to profitabilityAnnual report
「During the six-month period of the current consolidated fiscal year, a marked recovery in demand following the resumption of economic activity increased sales by ¥47.1 billion year on year to ¥185.9 billion. Operating income was ¥13,797 million, compared with an operating loss of ¥2,671 million in the same period of the previous fiscal year, and profit for the quarter attributable to owners of the parent was ¥9,502 million, compared with a loss of ¥3,757 million.」
For the six-month period, the recovery in demand increased sales by ¥47.1 billion year on year to ¥185.9 billion. Operating income was ¥13,797 million and profit for the quarter attributable to owners of the parent was ¥9,502 million, returning to profitability from losses in the same period of the previous fiscal year. - FY2022-Q1First-quarter results updated; continued return to profitabilityAnnual report
「As demand for the company's products remained firm, sales increased by ¥34.5 billion year on year to ¥94.9 billion. Operating income was ¥7,020 million, compared with an operating loss of ¥3,196 million in the same period of the previous fiscal year, and profit for the quarter attributable to owners of the parent was ¥4,680 million, compared with a loss of ¥3,827 million.」
In the first quarter of fiscal 2021, sales were ¥94,919 million, operating income was ¥7,020 million and profit for the quarter attributable to owners of the parent was ¥4,680 million, returning to profitability from an operating loss and a quarterly loss in the same period of the previous fiscal year. - FY2021Full-year results updated; return to profitabilityAnnual report
「Meanwhile, progress in bringing oil dampers for seismic isolation and vibration control into compliance, together with the reversal of provisions for product warranties, enabled the company to return to an operating profit of ¥18.3 billion.」
Although the decline in revenue caused by COVID-19 continued, the company returned from a substantial loss in the previous fiscal year to profitability, with operating income of ¥18.3 billion and profit for the year attributable to owners of the parent of ¥17,087 million. - FY2021-Q2Second-quarter results updated; impact of COVID-19Annual report
「During the six-month period of the current consolidated fiscal year, the continuing global economic stagnation caused by the spread of COVID-19 reduced sales by ¥58.8 billion year on year to ¥138.8 billion. As a result, the company recorded an operating loss of ¥2,671 million, compared with operating income of ¥4,498 million in the same period of the previous fiscal year, and a loss for the quarter attributable to owners of the parent of ¥3,757 million, compared with profit of ¥1,666 million.」
In the first half of fiscal 2020, the global economic stagnation reduced revenue, turning operating income and profit for the quarter attributable to owners of the parent into an operating loss and a loss for the quarter, respectively, compared with the same period of the previous fiscal year. - FY2021-Q1First-quarter results updated; impact of COVID-19Annual report
「During the three-month period of the current consolidated fiscal year, the global economic slowdown caused by the spread of COVID-19 reduced sales by ¥41.2 billion year on year to ¥60.4 billion. As a result, the company recorded an operating loss of ¥3,196 million, compared with operating income of ¥3,608 million in the same period of the previous fiscal year, and a loss for the quarter attributable to owners of the parent of ¥3,827 million, compared with profit of ¥1,782 million.」
The global economic downturn caused by the spread of COVID-19 reduced sales by ¥41.2 billion year on year to ¥60.4 billion, turning operating income and profit attributable to owners of the parent into an operating loss of ¥3,196 million and a loss for the quarter of ¥3,827 million. - FY2020-Q3Third-Quarter Results UpdateAnnual report
「During the nine-month period of the current consolidated fiscal year, sales decreased by ¥17.4 billion year on year to ¥289.5 billion due to the foreign-exchange impact of yen appreciation, the downturn in the Chinese market associated with US-China trade friction, and the impact of Typhoon No. 19. Operating loss was ¥3,680 million, compared with an operating loss of ¥17,769 million in the same period of the previous fiscal year. Loss for the quarter attributable to owners of the parent was ¥7,240 million, compared with a loss of ¥15,756 million in the same period of the previous fiscal year.」
Sales decreased by ¥17.4 billion year on year to ¥289.5 billion, while operating loss was ¥3,680 million and loss for the quarter attributable to owners of the parent was ¥7,240 million, narrowing the loss from the same period of the previous fiscal year. - FY2020-Q2Second-Quarter Results UpdateAnnual report
「During the six-month period of the current consolidated fiscal year, sales decreased by ¥5.2 billion year on year to ¥197.6 billion due to the foreign-exchange impact of yen appreciation and the downturn in the Chinese market associated with US-China trade friction. Operating income was ¥4,498 million, an improvement of ¥15,799 million from the same period of the previous consolidated fiscal year, while profit for the quarter attributable to owners of the parent was ¥1,666 million, an improvement of ¥13,637 million.」
Sales decreased by ¥5.2 billion year on year to ¥197.6 billion, while operating income was ¥4,498 million and profit for the quarter attributable to owners of the parent was ¥1,666 million, recovering from a loss in the same period of the previous fiscal year. - FY2020-Q1First-Quarter Results UpdateAnnual report
「During the three-month period of the current consolidated fiscal year, sales decreased by ¥500 million year on year to ¥101.6 billion, although demand for hydraulic equipment for construction machinery remained firm. Operating income was ¥3,608 million, and profit for the quarter attributable to owners of the parent was ¥1,782 million.」
In the first quarter of fiscal 2019, demand for hydraulic equipment for construction machinery remained firm, while sales decreased by ¥500 million year on year to ¥101.6 billion. Operating income was ¥3,608 million and profit for the quarter attributable to owners of the parent was ¥1,782 million. - FY2019Full-year results updated; substantial lossAnnual report
「Group sales increased by ¥18.5 billion year on year to ¥412.2 billion, a record high. Operating loss was ¥28,496 million and loss before tax was ¥29,510 million. Loss for the year attributable to owners of the parent was ¥24,757 million.」
Although sales reached a record high, provisions for product warranties, losses related to defense equipment and losses related to the Antimonopoly Act resulted in an operating loss of ¥28,496 million and a loss for the year attributable to owners of the parent of ¥24,757 million. - FY2019-Q3Third-quarter results updated; return to a lossAnnual report
「During the nine-month period of the current consolidated fiscal year, sales increased by ¥17.8 billion year on year to ¥306.9 billion, owing mainly to higher demand in the domestic and Chinese construction machinery markets. However, operating loss was ¥17,769 million and loss for the quarter attributable to owners of the parent was ¥15,756 million, as the company recorded ¥25.8 billion in provision for product warranties, ¥4.4 billion in losses related to the Antimonopoly Act and other expenses.」
Although sales increased, the recognition of provisions for product warranties related to oil dampers for seismic isolation and vibration control, and losses related to the Antimonopoly Act, resulted in an operating loss of ¥17,769 million and a loss for the quarter attributable to owners of the parent of ¥15,756 million. - FY2019-Q1First-Quarter Results UpdateAnnual report
「During the three-month period of the current consolidated fiscal year, higher demand for hydraulic equipment for construction machinery increased sales to ¥102.1 billion, up ¥8.4 billion from the same period of the previous consolidated fiscal year. Operating income was ¥5,610 million, and profit for the quarter attributable to owners of the parent was ¥3,629 million.」
In the first quarter of fiscal 2019, higher demand for hydraulic equipment for construction machinery resulted in sales of ¥102.1 billion, operating income of ¥5,610 million and profit for the quarter attributable to owners of the parent of ¥3,629 million. - FY2018-Q3Third-Quarter Results UpdateAnnual report
「During the nine-month period of the current consolidated fiscal year, the recovery in demand for hydraulic equipment for construction machinery for the Chinese market increased sales to ¥288.3 billion, up ¥27.3 billion from the same period of the previous consolidated fiscal year. Operating income was ¥16,684 million, and profit for the quarter attributable to owners of the parent was ¥11,915 million.」
The recovery in demand for hydraulic equipment for construction machinery for the Chinese market increased sales by ¥27.3 billion year on year to ¥288.3 billion. Operating income was ¥16,684 million and profit for the quarter attributable to owners of the parent was ¥11,915 million. - FY2018-Q2Second-Quarter Results UpdateAnnual report
「During the six-month period of the current consolidated fiscal year, demand for hydraulic equipment for construction machinery increased, resulting in sales of ¥188.9 billion, an increase of ¥16.0 billion from the same period of the previous consolidated fiscal year. Operating income was ¥11,048 million, and profit for the quarter attributable to owners of the parent was ¥7,239 million.」
Higher demand for hydraulic equipment for construction machinery increased sales by ¥16.0 billion year on year to ¥188.9 billion. Operating income was ¥11,048 million and profit for the quarter attributable to owners of the parent was ¥7,239 million. - FY2018-Q1First-Quarter Results UpdateAnnual report
「During the three-month period of the current consolidated fiscal year, demand for hydraulic equipment for construction machinery increased, resulting in sales of ¥93.5 billion, an increase of ¥5.7 billion from the same period of the previous consolidated fiscal year. Operating income was ¥6,350 million, and profit for the quarter attributable to owners of the parent was ¥4,254 million.」
Higher demand for hydraulic equipment for construction machinery increased sales by ¥5.7 billion year on year to ¥93.5 billion. Operating income was ¥6,350 million and profit for the quarter attributable to owners of the parent was ¥4,254 million. - FY2017RestatedAnnual report
「Group sales were ¥355.3 billion, broadly in line with the previous consolidated fiscal year. … Operating income was ¥19,247 million and profit before tax was ¥18,852 million. Profit for the year attributable to owners of the parent was ¥14,544 million.」
Although revenue was broadly flat due to the impact of yen appreciation, the full-year results were updated to operating income of ¥19,247 million and profit for the year attributable to owners of the parent of ¥14,544 million. - FY2017-Q3First statedAnnual report
「During the nine-month period of the current consolidated fiscal year, sales of automotive products remained firm, while sales of hydraulic equipment for construction machinery also increased, particularly in the Chinese market. However, sales decreased by ¥4.8 billion year on year to ¥261.0 billion due to the foreign-exchange impact of yen appreciation. Operating income was ¥13,416 million, and profit for the quarter attributable to owners of the parent was ¥9,605 million.」
Yen appreciation reduced revenue by ¥4.8 billion year on year, while operating income was ¥13,416 million and profit for the quarter attributable to owners of the parent was ¥9,605 million.