Longer replacement cycles for golf carts
First written in FY2017-Q1. 14 of 24 entries say "Restated". Latest entry: 2026-11-09.
No other company in this theme has enough history to compare yet.
- FY2026-H1RestatedAnnual report
「Against a backdrop of strong demand for aircraft components from both the public and private sectors and firm replacement demand for turf maintenance equipment and golf carts, sales were ¥5,485 million, up 11.3% year on year, and operating income was ¥737 million, up 38.0%.」
The company states that replacement demand for turf-management equipment and golf carts has remained firm. - FY2024-Q3RestatedAnnual report
「In addition to the recovery in commercial aircraft production, demand for turf-care machinery also remained strong, and sales in this business rose to ¥6,085 million, up 13.7% year on year.」
The company continues to explain that demand for turf-management equipment has remained strong. - FY2024-Q2RestatedAnnual report
「In addition to the recovery in commercial aircraft production, turf-care machinery also performed well, and sales in this business rose to ¥3,915 million, up 8.8% year on year.」
The company continues to explain that customers' equipment investment and demand for turf-management equipment have remained strong. - FY2024-Q1RestatedAnnual report
「Production of commercial aircraft was recovering, while equipment investment by customers in turf-management equipment remained firm, resulting in revenue from this business of ¥1.875 billion, up 27.0% year on year.」
The company continues to explain that customers' equipment investment in turf-management equipment and other products has remained firm. - FY2023-Q3RestatedAnnual report
「Equipment investment by customers, particularly golf courses, remained firm, resulting in revenue from this business of ¥3.42 billion, up 12.9% year on year.」
The company continues to explain that firm equipment investment by customers, particularly at golf courses, resulted in higher revenue from the turf-management equipment and other products business. - FY2023-Q2RestatedAnnual report
「Equipment investment by customers, particularly golf courses, remained firm, resulting in revenue from this business of ¥2.339 billion, up 10.0% year on year.」
The company continues to explain that firm equipment investment by customers, particularly at golf courses, resulted in higher revenue from the turf-management equipment and other products business. - FY2022MitigatedAnnual report
「In addition to the recovery in customers' equipment investment, the benefits of focusing on after-sales service have begun to emerge.」
The company states that equipment investment by customers, including golf courses, has recovered and that the benefits of focusing on after-sales service have also begun to emerge. - FY2022-Q2MitigatedAnnual report
「In addition to signs of recovery in customers' equipment investment, more agile organizational management following the transfer of this business to a subsidiary also contributed, resulting in revenue of ¥2.127 billion, up 15.5% year on year.」
The company states that signs of recovery were visible in equipment investment by customers, including golf courses, shifting the explanation from restrained investment and weak demand toward improvement. - FY2021RestatedAnnual report
「Partly due to the spread of COVID-19, customers' willingness to invest in equipment, particularly at golf courses, weakened. Revenue from this business was ¥2.568 billion, down 25.8% from the previous fiscal year.」
The decline in revenue from the turf-management equipment and other products business due to weak equipment investment by golf-course customers has continued on an annual basis. - FY2021-Q3WorsenedAnnual report
「Partly due to the spread of COVID-19, customers' willingness to invest in equipment, particularly at golf courses, weakened. Revenue from this business was ¥1.947 billion, down 29.1% year on year, and the business reported an operating loss of ¥103 million, compared with an operating loss of ¥210 million in the same period of the previous year.」
In addition to the previous explanation of longer golf-cart replacement cycles, the company cited weaker willingness among golf-course customers to invest in equipment due to COVID-19, and revenue declined 29.1%. - FY2021-Q1From longer replacement cycles to restrained golf-course investment due to COVID-19Annual report
「In addition to the impact of natural disasters, golf-course investment was restrained by the spread of COVID-19. As a result, revenue from this business was ¥1.019 billion, down 6.0% year on year, and the business reported an operating loss of ¥8 million, compared with an operating loss of ¥18 million in the same period of the previous year.」
Regarding demand factors for turf-management equipment and other products, the focus of the explanation has shifted from longer golf-cart replacement cycles to restrained golf-course investment due to natural disasters and the spread of COVID-19. - FY2020-Q2WorsenedAnnual report
「Sales of turf-care machinery and related products were at roughly the same level as in the year-earlier period, while sales of vehicle heating equipment and welfare and nursing-care equipment and related products declined.」
Growth slowed from higher revenue from turf-management equipment and other products in the previous quarter to a level comparable with the same period of the previous year in the current quarter. - FY2020-Q1MitigatedAnnual report
「Turf-management equipment and other products generated higher revenue.」
The explanation changed from weaker replacement demand and lower revenue in the previous quarter to higher revenue from turf-management equipment and other products in the current quarter. - FY2019-Q1WorsenedAnnual report
「Turf-management equipment and other products generated lower revenue as replacement demand for golf carts and other equipment weakened.」
The explanation changed from higher revenue driven by replacement demand through the previous quarter to lower revenue as replacement demand for golf carts and other equipment weakened. - FY2018-Q3RestatedAnnual report
「Turf-management equipment and other products benefited from replacement demand for golf carts and other equipment, resulting in higher revenue.」
The company continues to report higher revenue driven by replacement demand for golf carts and other equipment. - FY2018-Q2RestatedAnnual report
「Turf-management equipment and other products benefited from replacement demand for golf carts and other equipment, resulting in higher revenue.」
The company continues to report higher revenue driven by replacement demand for golf carts and other equipment. - FY2018-Q1MitigatedAnnual report
「Turf-management equipment and other products generated higher revenue due to replacement demand for golf carts.」
The explanation changed from lower revenue due to longer golf-cart replacement cycles to higher revenue driven by replacement demand. - FY2017RestatedAnnual report
「Turf-management equipment and other products saw a seasonal recovery toward the end of the period, but revenue declined due to the impact of longer golf-cart replacement cycles.」
While there was a seasonal recovery, the company continues to explain that longer golf-cart replacement cycles are a factor behind lower revenue. - FY2017-Q3RestatedAnnual report
「Although turf-management equipment and other products saw a seasonal recovery, revenue declined due to the impact of longer golf-cart replacement cycles.」
While there was a seasonal recovery, the company continues to explain that longer golf-cart replacement cycles are a factor behind lower revenue. - FY2017-Q2RestatedAnnual report
「Turf-management equipment and other products generated lower revenue due to the impact of longer golf-cart replacement cycles.」
The company continues to explain that longer golf-cart replacement cycles are a factor behind lower revenue from turf-management equipment and other products. - FY2017-Q1First statedAnnual report
「Sales of turf-management equipment and other products fell below the same period of the previous year due to the impact of longer golf-cart replacement cycles.」
The company cites longer replacement cycles as a factor behind the decline in sales of turf-management equipment and other products.