Operating loss in the Other business due to changes in the product mix of turf management machinery and other products
First written in FY2018-Q1. 7 of 16 entries say "Mitigated", first in FY2021-Q2. Latest entry: FY2026-H1.
The whole theme swung hardest in 2023: 3 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「For this segment, sales rose 4.8% year on year to ¥1,257 million and operating profit rose 115.3% to ¥94 million, helped by increased sales of electric wheelchairs and growth in the number of vehicle body conversions in the core manufacturing and sales business for welfare and nursing-care equipment and related products.」
Other businesses generated higher revenue and profit due to increased sales of electric wheelchairs and growth in the number of vehicle conversions, improving from the previous trend of operating losses. - FY2023-Q2MitigatedAnnual report
「Operating income was ¥89 million, compared with operating income of ¥7 million in the same period of the previous year, partly because the product mix improved as the company focused on after-sales service.」
In the turf maintenance equipment and related products business, improvement in the product mix through a focus on after-sales service continued, increasing operating income from the same period of the previous year. - FY2023-Q1From product mix improvements to delays in suppliers’ product deliveriesAnnual report
「Although customers’ capital investment, primarily at golf courses, remained solid, delays in product deliveries by manufacturing suppliers also contributed to revenue from this business falling to ¥923 million, down 9.3% year on year. Meanwhile, operating income was ¥16 million, up 103.7% year on year, partly because the product mix improved as the company focused on after-sales service.」
Customers’ capital investment remained solid, and improvements in the product mix through after-sales service contributed to profit, while delays in product deliveries were newly identified as a factor behind lower revenue. - FY2022-Q3MitigatedAnnual report
「In addition, as the review of the product mix progressed, operating income was ¥12 million, compared with an operating loss of ¥103 million in the same period of the previous year, resulting in a return to profitability.」
In the turf maintenance equipment and related products business, progress in reviewing the product mix enabled a shift from an operating loss in the same period of the previous year to operating income. - FY2022-Q2MitigatedAnnual report
「In addition to signs of a recovery in customers’ capital investment, the transfer of this business to a subsidiary enabled more agile organizational management. As a result, revenue from this business was ¥2,127 million, up 15.5% year on year. In addition, as the review of the product mix progressed, operating income was ¥7 million, compared with an operating loss of ¥100 million in the same period of the previous year, resulting in a return to profitability.」
In the turf maintenance equipment and related products business, signs of a recovery in customers’ capital investment, more agile management following the transfer to a subsidiary, and a review of the product mix enabled a shift from an operating loss in the same period of the previous year to operating income. - FY2022-Q1MitigatedAnnual report
「There was no notable recovery in customers’ capital investment, and revenue from this business was ¥1,017 million, down 0.1% year on year. Meanwhile, as the review of the product mix progressed, operating income was ¥8 million, compared with an operating loss of ¥8 million in the same period of the previous year, resulting in a return to profitability.」
Although there was no notable recovery in customers’ capital investment, progress in reviewing the product mix enabled the turf maintenance equipment and related products business to move from an operating loss in the same period of the previous year to operating income of ¥8 million. - FY2021MitigatedAnnual report
「Meanwhile, partly due to measures including a review of the product mix, the operating loss narrowed to ¥169 million from ¥386 million in the previous fiscal year.」
In the turf maintenance equipment and related products business, lower revenue due to declining demand continued, while a review of the product mix narrowed the operating loss from ¥386 million in the previous fiscal year to ¥169 million. - 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.」
The turf maintenance equipment and related products business generated lower revenue and recorded an operating loss of ¥103 million. The decline in customers’ willingness to invest due to COVID-19 was cited as a factor behind the deterioration in performance. - FY2021-Q2MitigatedAnnual report
「Revenue from Other businesses was ¥780 million, down 26.7% year on year, and the business posted an operating loss of ¥63 million, compared with an operating loss of ¥69 million in the same period of the previous year.」
Other businesses generated lower revenue, while the operating loss narrowed from ¥69 million to ¥63 million year on year. - FY2021-Q1From product mix factors to lower revenue and loss in Other businessesAnnual report
「Revenue from Other businesses was ¥412 million, down 28.1% year on year, and the business posted an operating loss of ¥11 million, compared with an operating loss of ¥38 million in the same period of the previous year.」
For Other businesses, the previous loss factor of changes in the product mix of turf maintenance equipment and related products was not mentioned. Instead, the comparison of lower revenue and the operating loss was presented. The operating loss narrowed from the same period of the previous year. - FY2020-Q3WorsenedAnnual report
「Turf maintenance equipment and related products generated lower revenue year on year, partly due to the impact of a series of natural disasters. Vehicle heating equipment and related products and welfare and nursing-care equipment and related products also generated lower revenue. As a result, revenue from Other businesses was ¥4,374 million, down 18.1% year on year, and the business posted an operating loss of ¥235 million, compared with an operating loss of ¥178 million in the same period of the previous year.」
In Other businesses, lower revenue from turf maintenance equipment and related products due to the impact of natural disasters, as well as lower revenue from vehicle heating equipment and related products and welfare and nursing-care equipment and related products, caused the operating loss to increase from ¥178 million to ¥235 million year on year. - FY2020-Q2WorsenedAnnual report
「Turf maintenance equipment and related products performed at roughly the same level as in the same period of the previous year, while vehicle heating equipment and related products and welfare and nursing-care equipment and related products generated lower revenue. As a result, revenue from Other businesses was ¥3,247 million, down 8.5% year on year, and the business posted an operating loss of ¥146 million, compared with an operating loss of ¥139 million in the same period of the previous year.」
In Other businesses, turf maintenance equipment and related products remained at roughly the same level as in the same period of the previous year, while vehicle heating equipment and related products and welfare and nursing-care equipment and related products generated lower revenue. The operating loss increased from ¥139 million to ¥146 million. - FY2020-Q1From product mix factors to lower revenue from vehicle heating and welfare and nursing-care equipmentAnnual report
「Turf maintenance equipment and related products generated higher revenue, while vehicle heating equipment and related products generated lower revenue. Welfare and nursing-care equipment and related products also generated slightly lower revenue. As a result, revenue from Other businesses was ¥1,657 million, down 4.2% year on year, and the business posted an operating loss of ¥57 million, compared with an operating loss of ¥65 million in the same period of the previous year.」
The explanation of the factors behind the operating loss in Other businesses changed from the previous explanation concerning changes in the product mix of turf maintenance equipment and related products to one focused on lower revenue from vehicle heating equipment and related products and welfare and nursing-care equipment and related products. The operating loss narrowed from the same period of the previous year. - FY2019-Q3WorsenedAnnual report
「Meanwhile, Other businesses posted an operating loss of ¥178 million, compared with an operating loss of ¥82 million in the same period of the previous year, partly due to changes in the product mix of turf maintenance equipment and related products.」
The change in the product mix of turf maintenance equipment and related products, which was not mentioned in the previous quarter, was again cited as a factor behind the operating loss in Other businesses. The operating loss increased from ¥82 million to ¥178 million year on year. - FY2018-Q2DroppedAnnual report
「Turf maintenance equipment and related products generated higher revenue on replacement demand for golf carts and other products. Vehicle heating equipment generated lower revenue as demand for heavy-duty diesel vehicles subject to emissions regulations ran its course. Welfare and nursing-care equipment and related products generated higher revenue as the customer base expanded. As a result, revenue from this business was ¥3,670 million, up 5.4% year on year, but operating loss was ¥32 million, compared with operating income of ¥135 million in the same period of the previous year, partly because vehicle heating equipment and related products generated lower revenue.」
The explanation cited in the previous quarter, namely that changes in the product mix of turf maintenance equipment and related products caused the operating loss, was omitted this time. The main factor cited this time was lower revenue from vehicle heating equipment and related products. - FY2018-Q1First statedAnnual report
「Turf maintenance equipment and related products generated higher revenue on replacement demand for golf carts. Vehicle heating equipment generated lower revenue as demand for tourist buses showed signs of running its course. Welfare and nursing-care equipment and related products generated higher revenue as the customer base steadily expanded. As a result, revenue from this business was ¥1,906 million, up 11.5% year on year, but operating loss was ¥11 million, compared with operating income of ¥33 million in the same period of the previous year, partly due to changes in the product mix of turf maintenance equipment and related products.」
The company states that Other businesses generated higher revenue but incurred an operating loss, partly due to changes in the product mix of turf maintenance equipment and related products.