Decline in orders for the wire harness and welfare equipment-related businesses
First written in FY2017-Q1. 4 of 18 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2021-Q3.
No other company in this theme has enough history to compare yet.
- FY2021-Q3Added first nine-month results showing deterioration in wire harnesses and a return to profitability in welfare equipmentAnnual report
「Due to a decline in machine tool- and aircraft-related orders resulting from the impact of COVID-19, revenue was ¥1,767 million, down 18.0% year on year, and the operating loss was ¥38 million, compared with operating profit of ¥28 million in the same period of the previous year. Due to the impact of COVID-19 and a decline in electric wheelchair sales, revenue was ¥669 million, down 11.0% year on year, and operating profit was ¥12 million, compared with an operating loss of ¥22 million in the same period of the previous year.」
The wire harness-related business posted lower revenue due to declining orders and turned from operating profit in the same period of the previous year to an operating loss of ¥38 million. Meanwhile, the welfare equipment-related business posted lower revenue but turned from an operating loss to an operating profit of ¥12 million. - FY2021-Q2WorsenedAnnual report
「Due to a decline in machine tool- and aircraft-related orders resulting from the impact of COVID-19, revenue was ¥1,117 million, down 18.9% year on year, and the operating loss was ¥22 million, compared with a loss of ¥12 million in the same period of the previous year. Due to the impact of COVID-19 and a decline in electric wheelchair sales, revenue was ¥420 million, down 19.7% year on year, and the operating loss was ¥4 million, compared with a loss of ¥6 million in the same period of the previous year.」
The wire harness-related business posted lower revenue and a wider operating loss due to declining orders. The welfare equipment-related business also posted lower revenue due to declining sales, and the impact of the pandemic on both businesses has continued. - FY2021-Q1WorsenedAnnual report
「Due to a decline in machine tool- and aircraft-related orders resulting from the impact of COVID-19, revenue was ¥493 million, down 34.8% year on year, and the operating loss was ¥62 million, compared with operating profit of ¥19 million in the same period of the previous year. Due mainly to a decline in electric wheelchair sales, revenue was ¥187 million, down 20.5% year on year, and the operating loss was ¥22 million, compared with a loss of ¥16 million in the same period of the previous year.」
The wire harness-related business posted lower revenue due to a decline in orders resulting from COVID-19 and turned from operating profit in the same period of the previous year to an operating loss. The welfare equipment-related business also posted lower revenue due to declining sales, and its operating loss widened. - FY2020Added FY2020 full-year results for the wire harness and welfare equipment businessesAnnual report
「Due to a decline in machine tool-related orders, revenue was ¥2,849 million, down 6.2% year on year, and operating profit was ¥47 million, down 28.4% from the previous fiscal year. Due mainly to a decline in electric wheelchair sales, revenue was ¥1,006 million, down 4.3% from the previous fiscal year, and the operating loss was ¥40 million, compared with a loss of ¥39 million in the previous fiscal year.」
The wire harness-related business posted lower revenue and lower profit due to a decline in machine tool-related orders. The welfare equipment-related business posted lower revenue due mainly to declining electric wheelchair sales, and its operating loss widened to ¥40 million. - FY2020-Q3MitigatedAnnual report
「Due to a decline in machine tool-related orders, revenue was ¥2,155 million, down 1.2% year on year, but operating profit was ¥28 million, up 72.1% year on year, due to a recovery in aircraft-related earnings. Due mainly to a decline in electric wheelchair sales, revenue was ¥752 million, down 2.4% year on year, and the operating loss was ¥22 million, compared with a loss of ¥28 million in the same period of the previous year.」
The wire harness-related business recorded operating profit of ¥28 million on a recovery in aircraft-related earnings, improving from operating profit of ¥16 million in the same period of the previous year. The welfare equipment-related business narrowed its operating loss from ¥28 million in the same period of the previous year to ¥22 million, but remained loss-making. - FY2020-Q2MitigatedAnnual report
「Due to an increase in aircraft-related orders, revenue was ¥1,377 million, up 3.4% year on year, and the operating loss was ¥12 million, compared with a loss of ¥31 million in the same period of the previous year. Due mainly to an increase in electric wheelchair sales, revenue was ¥523 million, up 3.0% year on year, and the operating loss was ¥6 million, compared with a loss of ¥19 million in the same period of the previous year.」
The wire harness-related business posted higher revenue due to increased orders, and its operating loss narrowed from ¥31 million to ¥12 million. The welfare equipment-related business also posted higher revenue due to increased electric wheelchair sales, and its operating loss narrowed from ¥19 million to ¥6 million. However, both businesses remained in operating loss. - FY2020-Q1Wire harness business remains profitable; welfare equipment business deterioratesAnnual report
「Due to an increase in aircraft-related orders, revenue was ¥757 million, up 31.2% year on year, and operating profit was ¥19 million, compared with an operating loss of ¥43 million in the same period of the previous year. Due mainly to a decline in sales of electric wheelchairs, revenue was ¥235 million, down 5.6% year on year, and the operating loss was ¥16 million, compared with a loss of ¥8 million in the same period of the previous year.」
The wire harness-related business posted higher revenue due to increased aircraft-related orders and turned from an operating loss in the same period of the previous year to an operating profit of ¥19 million. Meanwhile, the welfare equipment-related business posted lower revenue and its operating loss widened to ¥16 million. - FY2019Added full-year results showing the wire harness business turning profitable and deterioration in the welfare equipment businessAnnual report
「Due to an increase in aircraft-related orders, revenue was ¥3,037 million, up 21.3% year on year, and operating profit was ¥66 million, compared with an operating loss of ¥152 million in the previous fiscal year. Due mainly to a decline in sales of electric wheelchairs, revenue was ¥1,052 million, down 1.7% year on year, and the operating loss was ¥39 million, compared with a loss of ¥20 million in the previous fiscal year.」
The wire harness-related business turned from an operating loss to an operating profit of ¥66 million due to increased orders. Meanwhile, the welfare equipment-related business saw its operating loss widen to ¥39 million due mainly to declining electric wheelchair sales. - FY2019-Q3Wire harnesses turn profitable, welfare equipment deterioratesAnnual report
「Due to an increase in aircraft-related orders, revenue was ¥2,182 million, up 26.2% year on year, and operating profit was ¥16 million, compared with an operating loss of ¥191 million in the same period of the previous year. Due mainly to a decline in sales of electric wheelchairs, revenue was ¥770 million, down 3.7% year on year, and the operating loss was ¥28 million, compared with a loss of ¥1 million in the same period of the previous year.」
The wire harness-related business posted higher revenue due to increased aircraft-related orders and turned from an operating loss to an operating profit of ¥16 million. Meanwhile, the welfare equipment-related business posted lower revenue due mainly to declining electric wheelchair sales, and its operating loss widened to ¥28 million. - FY2019-Q2Improvement in wire harnesses, deterioration in welfare equipmentAnnual report
「Due to increased orders for aircraft-related products, sales were ¥1,333 million, up 20.3% year on year, and operating loss was ¥31 million, compared with a loss of ¥159 million in the same period of the prior year. Due in part to lower electric wheelchair sales, sales were ¥508 million, down 4.2% year on year, and operating loss was ¥19 million, compared with a loss of ¥3 million in the same period of the prior year.」
In the wire harness-related business, increased aircraft-related orders led to higher sales and narrowed operating loss from ¥159 million to ¥31 million. In the welfare equipment-related business, lower electric wheelchair sales and other factors led to lower sales and widened operating loss from ¥3 million to ¥19 million. - FY2019-Q1Improvement in wire harnesses, deterioration in welfare equipmentAnnual report
「Due to increased orders for aircraft-related products, sales were ¥577 million, up 1.8% year on year, and operating loss was ¥43 million, compared with a loss of ¥81 million in the same period of the prior year. Due in part to lower electric wheelchair sales, sales were ¥249 million, down 2.9% year on year, and operating loss was ¥8 million, compared with operating income of ¥1 million in the same period of the prior year.」
In the wire harness-related business, increased aircraft-related orders narrowed operating loss from ¥81 million to ¥43 million. In the welfare equipment-related business, lower electric wheelchair sales resulted in a shift from operating profit in the same period of the prior year to an operating loss of ¥8 million. - FY2018Narrower wire harness loss, wider welfare equipment lossAnnual report
「Due to declining orders for aircraft-related products, sales were ¥2,502 million, down 2.4% year on year, and operating loss was ¥152 million, compared with a loss of ¥177 million in the prior year.」
Although declining aircraft-related orders continued in the wire harness-related business, operating loss narrowed from ¥177 million to ¥152 million. In the welfare equipment-related business, sales increased, but operating loss widened to ¥20 million due to new-product launch costs and other factors. - FY2018-Q3Deterioration in wire harnesses, improvement in welfare equipmentAnnual report
「Due to declining orders for aircraft-related products, sales were ¥1,729 million, down 10.4% year on year, and operating loss was ¥191 million, compared with a loss of ¥154 million in the same period of the prior year. Although sales of electric wheelchairs declined, sales of other welfare equipment increased, resulting in sales of ¥799 million, up 4.0% year on year, and operating loss of ¥1 million, compared with a loss of ¥7 million in the same period of the prior year.」
In the wire harness-related business, declining orders led to lower sales and a wider operating loss, while in the welfare equipment-related business, higher sales of other products led to a shift from lower to higher sales and a narrower operating loss. - FY2018-Q1Divergence in performance between wire harnesses and welfare equipmentAnnual report
「Due to declining orders for aircraft-related products, sales were ¥567 million, down 15.5% year on year, and operating loss was ¥81 million, compared with a loss of ¥30 million in the same period of the prior year. Due to increased orders for electric wheelchairs and other products, sales were ¥256 million, up 5.7% year on year, and operating income was ¥1 million, compared with a loss of ¥14 million in the same period of the prior year.」
In the wire harness-related business, lower aircraft-related orders led to lower sales and a wider operating loss, while in the welfare equipment-related business, higher orders led to higher sales and a shift from an operating loss to operating income of ¥1 million. - FY2017WorsenedAnnual report
「Due to declines in orders for both aircraft-related and machine tool-related products, full-year sales were ¥2,563 million, down 16.5% year on year, and operating loss was ¥177 million, compared with a loss of ¥30 million in the prior year. Due to declining orders across welfare equipment, sales were ¥1,040 million, down 7.3% year on year, and operating loss was ¥5 million, compared with operating income of ¥16 million in the prior year.」
For the full year, the sales decline and operating loss in the wire harness-related business widened further from the first-half and first nine-month cumulative periods. The welfare equipment-related business also turned from operating profit in the prior year to an operating loss due to declining orders. - FY2017-Q3WorsenedAnnual report
「Due to declines in orders for both aircraft-related and machine tool-related products, sales were ¥1,929 million, down 13.6% year on year, and operating loss was ¥154 million, compared with a loss of ¥77 million in the same period of the prior year. Due to declining orders for unpowered walking-assistance devices and other products, sales were ¥769 million, down 8.4% year on year, and operating loss was ¥7 million, compared with operating income of ¥19 million in the same period of the prior year.」
In the wire harness-related business, the sales decline and operating loss widened from the first-half cumulative period, while the welfare equipment-related business also posted an operating loss due to declining orders. - FY2017-Q2RestatedAnnual report
「Due to declines in orders for both aircraft-related and machine tool-related products, sales were ¥1,301 million, down 10.3% year on year, and operating loss was ¥83 million, compared with a loss of ¥90 million in the same period of the prior year. Due to declining orders for unpowered walking-assistance devices and other products, sales were ¥522 million, down 3.9% year on year, and operating loss was ¥3 million, compared with operating income of ¥8 million in the same period of the prior year.」
Declining orders in the wire harness-related and welfare equipment-related businesses were also reported for the first six months, with sales and operating results shown for both businesses. - FY2017-Q1First statedAnnual report
「Due to declines in orders for both aircraft-related and machine tool-related products, sales were ¥671 million, down 9.4% year on year, and operating loss was ¥30 million, compared with a loss of ¥44 million in the same period of the prior year. Due to declining orders for electric wheelchairs and other products, sales were ¥242 million, down 13.0% year on year, and operating loss was ¥14 million, compared with operating income of ¥0 million in the same period of the prior year.」
Orders declined in both the wire harness-related and welfare equipment-related businesses, resulting in operating losses for both.