Achieving the world's leading market share in bearings for non-automotive applications
First written in FY2016. 16 of 23 entries say "Advanced", first in FY2020. Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Regarding market share in marine low-speed engine bearings in the marine and energy business, formerly the non-automotive bearing business, we maintained the leading share in calendar 2025 (as estimated by the Company), reflecting the results of stronger development of overseas markets, while demand in the vessel market remained firm.」
The Company reaffirmed its maintenance of the leading share in marine low-speed engine bearings, along with overseas market development and firm vessel demand. - FY2025AdvancedAnnual report
「Regarding market share in marine low-speed engine bearings in the marine and energy business, formerly the non-automotive bearing business, we maintained a 75.0% share in calendar 2024 (as estimated by the Company), reflecting the results of stronger development of overseas markets, while demand in the vessel market remained firm.」
The share of marine low-speed engine bearings rose to 75.0% from the previously reported 73.0%. The Company also cited the results of overseas market development and the firm vessel market. - FY2025-H1AdvancedAnnual report
「The order backlog as of the end of September 2024 increased from the previous interim consolidated accounting period. Demand for container ships gradually moderated, while demand for LNG carriers, car carriers, bulk carriers and other vessels increased. Together with higher orders from continued development of the Chinese and South Korean markets and the effects of price increases, this resulted in higher sales than in the previous interim consolidated accounting period.」
For non-automotive bearings, the order backlog increased, and sales rose due to demand for LNG carriers, car carriers, bulk carriers and other vessels, development of the Chinese and South Korean markets, and price increases. - FY2024AdvancedAnnual report
「Regarding market share in marine low-speed engine bearings (2023 calendar year, as estimated by the Company), we maintained the previous year's 73.0% amid a firm vessel market, continuing to focus on strengthening development of overseas markets, and contributed to higher sales levels.」
The global share of marine low-speed engine bearings rose to 73.0% from the previously reported 58.0%. The Company also cited stronger development of overseas markets and a contribution to higher sales levels. - FY2024-Q3AdvancedAnnual report
「The order backlog as of the end of December 2023 stood at 27.09 million gross tons, up from the end of the same quarter of the previous year. Sales increased from the same quarter of the previous year, driven by rising demand for large vessels such as container ships, increased orders from continued new customer development in China, and strong sales of service parts as the market recovered from the COVID-19 pandemic.」
In non-automotive fields, the order backlog for vessels increased to 27.09 million gross tons, and sales also increased against a backdrop of higher orders from new customer development in China and strong service-parts sales. - FY2024-Q2AdvancedAnnual report
「The order backlog as of the end of September 2023 stood at 22.19 million gross tons, a slight increase from the end of the same quarter of the previous year. Sales rose sharply from the same quarter of the previous year, driven by rising demand for large vessels such as container ships, increased orders from continued new customer development in China, and strong sales of service parts as the market recovered from the COVID-19 pandemic.」
In non-automotive fields, the order backlog for vessels stood at 22.19 million gross tons, a slight increase from the end of the same period of the previous year. Sales also rose sharply, supported by demand for large vessels, increased orders from new customer development in China and strong service-parts sales. - FY2024-Q1AdvancedAnnual report
「The order backlog as of the end of June 2023 stood at 22.34 million gross tons, a slight increase from the end of the same quarter of the previous year. Sales increased from the same quarter of the previous year, supported by higher demand for engines capable of operating on either liquid or gas fuel in response to decarbonization, and strong sales of service parts as the market recovered from the COVID-19 pandemic.」
For non-automotive bearings, the order backlog for vessels rose slightly to 22.34 million gross tons, and sales increased against a backdrop of demand for decarbonization-compliant engines and service parts. - FY2023-Q3AdvancedAnnual report
「The order backlog as of the end of December 2022 stood at 21.73 million gross tons, up from the end of the same quarter of the previous year. Sales rose sharply from the same quarter of the previous year, driven by increased maritime cargo movements accompanying the recovery of the global economy, continued strong maintenance demand, and improved order conditions and share gains from new customer development, including for LNG carriers (tankers that transport liquefied natural gas).」
For non-automotive bearings, the order backlog for vessels increased to 21.73 million gross tons, and sales rose sharply against a backdrop of share gains from new customer development, including for LNG carriers. - FY2023-Q2AdvancedAnnual report
「The order backlog as of the end of September 2022 increased from the end of the same quarter of the previous year. Sales rose sharply from the same quarter of the previous year, driven by increased maritime cargo movements accompanying the recovery of the global economy, continued strong maintenance demand, and improved order conditions and share gains from new customer development, including for LNG carriers (tankers that transport liquefied natural gas).」
In non-automotive fields, the order backlog for vessels, maritime cargo movements, maintenance demand and the order environment continued to improve, and sales rose sharply against a backdrop of share gains from new customer development. - FY2023-Q1AdvancedAnnual report
「The order backlog as of the end of June 2022 increased from the end of the same quarter of the previous year. Sales rose sharply from the same quarter of the previous year, driven by increased maritime cargo movements accompanying the recovery of the global economy, a trend toward higher maintenance demand, and improved order conditions and share gains from new customer development, including for LNG carriers (tankers that transport liquefied natural gas).」
In non-automotive fields, the order backlog for vessels increased, and sales rose sharply against a backdrop of improved order conditions and share gains from new customer development. - FY2022-Q3AdvancedAnnual report
「The order backlog as of the end of December 2021 increased from the end of the same period of the previous year. In addition to increased maritime cargo movements accompanying the recovery of the global economy and a trend toward higher maintenance demand, demand for large container ships, LCG vessels and other vessels also increased, and the order environment continued to improve. Sales increased from the same quarter of the previous year, supported by strong growth in orders from new customer development in China and South Korea.」
In non-automotive fields, improvements in the order backlog and order environment continued, while increased orders from new customer development in China and South Korea also contributed to sales growth. No change in the world's leading share itself was reported. - FY2022-Q2AdvancedAnnual report
「The order backlog as of the end of September 2021 increased from the end of the same quarter of the previous year. In addition to increased maritime cargo movements accompanying the recovery of the global economy and a trend toward higher maintenance demand, demand for large container ships and other vessels also increased, and the order environment is expected to improve. Sales rose slightly from the same quarter of the previous year, partly due to increased orders from continued new customer development in China.」
In non-automotive fields, the order backlog and order environment for vessels improved, and sales in the marine field rose slightly year on year, supported by increased orders from new customer development in China. - FY2021AdvancedAnnual report
「Regarding market share in marine low-speed diesel engine bearings (2020 calendar year, as estimated by the Company), we achieved the world's leading share at 58.0%, continuing from 2019. In particular, the expansion of our share of low-speed diesel engine bearings for overseas markets was supported by the acquisition of new overseas customers.」
The world's leading share in marine low-speed diesel engine bearings rose to 58.0% from the previously reported 55.0%. The Company also cited share expansion through the acquisition of new overseas customers. - FY2021-Q3RestatedAnnual report
「The order backlog as of the end of December 2020 declined from the end of the same quarter of the previous year and remained at its lowest level since 1997. Although the Group sought to increase its share of low-speed diesel engine bearings for LNG carriers (tankers that transport liquefied natural gas) through continued orders from new customer development in China, demand for maintenance also declined, and sales fell due to stagnation in maritime cargo movements and travel restrictions resulting from the spread of COVID-19.」
In non-automotive fields, the Group continued developing new customers and expanding its share in bearings for LNG carriers bound for China, but demand for vessels and maintenance continued to decline. - FY2020AdvancedAnnual report
「Regarding market share in marine low-speed diesel engine bearings (2019 calendar year, as estimated by the Company), we achieved the world's leading share at 55.0%, continuing from 2018. In particular, the expansion of our share of low-speed diesel engine bearings for overseas markets was supported by the acquisition of new overseas customers.」
The Company achieved a 55.0% world-leading share in marine low-speed diesel engine bearings and referred to share expansion through the acquisition of new overseas customers. - FY2018RestatedAnnual report
「We will seek to obtain the world's leading share across all plain-bearing fields, including large marine engine bearings, small- and medium-sized marine and construction-equipment engine bearings, special bearings for hydroelectric, thermal and wind power generation, and general industrial bearings, including polymer bearings.」
The scope of the objective continues to cover all fields, including non-automotive fields such as marine, construction equipment, special power-generation bearings and polymer bearings. - FY2017RestatedAnnual report
「Obtain the world's leading share in bearings across non-automotive fields, including marine, construction equipment and rotating machinery, excluding large marine vessels, where we already have the world's leading share (as estimated by the Company)」
Obtaining the world's leading share in each non-automotive field remains a medium-term plan objective. - FY2017-Q2RestatedAnnual report
「The Group is also pursuing business expansion under the medium-term management vision of "achieving the world's leading market share in every industrial field for plain bearings and becoming a Daido Metal Group with a strong global presence."」
The policy of obtaining the leading share across all industrial fields, including non-automotive fields, has been reaffirmed. - FY2016First statedAnnual report
「(3) Obtain the world's leading share in bearings across non-automotive fields, including marine, construction equipment and rotating machinery, excluding large marine vessels, where we already have the world's leading share (as estimated by the Company)」
The scope of the leading-share objective has been expanded to marine, construction equipment and rotating machinery, among others, excluding large marine vessels.