New Business Development and Enhanced Cost Competitiveness in the Aerospace Business
First written in FY2016. 10 of 27 entries say "Advanced", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
14 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Revenue was ¥141.7 billion, an increase of ¥30.1 billion, or 27.0%, from the previous consolidated fiscal year, mainly due to higher deliveries of center wings in the commercial aircraft business. Segment profit was ¥3.5 billion, an improvement of ¥23.1 billion.」
Aerospace revenue increased 27.0% on higher center-wing deliveries, resulting in segment profit of ¥3.5 billion. Order backlog was also ¥707.4 billion, up 9.9% year on year. - FY2026-H1AdvancedAnnual report
「Revenue was ¥59.5 billion, an increase of ¥5.0 billion, or 9.2%, year on year, mainly due to higher deliveries of center wings in the commercial aircraft business. Segment profit was also ¥2.0 billion, an improvement of ¥4.6 billion year on year.」
Aerospace revenue increased 9.2% on higher center-wing deliveries, resulting in segment profit of ¥2.0 billion. The business turned profitable in the interim period from a full-year loss in the previous fiscal year. - FY2025WorsenedAnnual report
「The segment loss was ¥19.6 billion, a deterioration of ¥22.3 billion from the previous consolidated fiscal year, due mainly to the recognition of a provision for contract losses and a decline in aircraft deliveries in the commercial aircraft business.」
Aerospace revenue increased, but the segment loss deteriorated to ¥19.6 billion due to the recognition of a provision for contract losses and lower commercial aircraft deliveries. - FY2025-H1Losses widened despite higher revenueAnnual report
「Revenue was ¥54.5 billion, an increase of ¥7.1 billion, or 14.9%, year on year, as sales increased across the defense, commercial aircraft and helicopter businesses. The segment loss was ¥2.6 billion, a year-on-year deterioration of ¥1.5 billion.」
Sales increased across the defense, commercial aircraft and helicopter businesses, lifting aerospace revenue by 14.9%, while the segment loss widened to ¥2.6 billion. - FY2024AdvancedAnnual report
「Deliveries and orders increased across all three businesses: defense, commercial aircraft and helicopters. In particular, increased deliveries of the Boeing 787 and higher sales of the UH-2 multi-purpose helicopter helped lift revenue to ¥104.3 billion, an increase of ¥25.3 billion, or 32.0%, from the previous consolidated fiscal year. Segment profit was ¥2.7 billion, an improvement of ¥4.7 billion from the previous consolidated fiscal year, resulting in a return to profitability for the first time in 4 fiscal years.」
Aerospace revenue increased on higher deliveries and orders in the defense, commercial aircraft and helicopter businesses, and segment profit returned to positive territory for the first time in 4 fiscal years. - FY2024-Q3Aerospace revenue growth and loss improvement continuedAnnual report
「Revenue was ¥71.1 billion, an increase of ¥17.1 billion, or 31.7%, year on year, mainly due to increased deliveries of the Boeing 787. The segment loss was ¥0.3 billion, an improvement of ¥2.2 billion year on year.」
Aerospace revenue increased 31.7% year on year on higher Boeing 787 deliveries, while the segment loss improved by ¥2.2 billion. - FY2024-Q2Aerospace revenue increased and the loss improvedAnnual report
「Revenue was ¥47.4 billion, an increase of ¥12.3 billion, or 35.1%, year on year, mainly due to increased deliveries of the Boeing 787. The segment loss was ¥1.1 billion, an improvement of ¥2.1 billion year on year.」
Aerospace revenue for the first half increased 35.1% year on year on higher Boeing 787 deliveries, while the segment loss improved by ¥2.1 billion year on year. - FY2024-Q1Aerospace revenue increased and the loss improvedAnnual report
「Revenue was ¥18.9 billion, an increase of ¥4.1 billion, or 27.8%, year on year, mainly due to increased deliveries of the Boeing 787 and P-1 patrol aircraft. The segment loss was ¥1.1 billion, an improvement of ¥1.0 billion, or 47.9%, year on year.」
Aerospace revenue increased 27.8% year on year on higher deliveries of the Boeing 787 and P-1, while the segment loss improved 47.9%. - FY2023AdvancedAnnual report
「Revenue was ¥79.0 billion, an increase of ¥16.7 billion, or 26.9%, from the previous consolidated fiscal year, mainly due to increased deliveries of the Boeing 777 and other aircraft, as well as higher production for the P-1 patrol aircraft and C-2 transport aircraft. The segment loss was ¥2.1 billion, an improvement of ¥4.9 billion, or 70.3%, from the previous consolidated fiscal year.」
Aerospace revenue increased, and the segment loss improved 70.3% year on year. - FY2023-Q3Aerospace revenue increased, while losses were flatAnnual report
「Despite reduced deliveries of the Boeing 787 for commercial customers, revenue increased by ¥7.4 billion, or 15.8%, year on year to ¥54.0 billion, due in part to increased production of the P-1 patrol aircraft and C-2 transport aircraft for the Ministry of Defense. Segment loss was ¥2.5 billion, approximately unchanged from the previous fiscal year.」
Aerospace revenue increased 15.8% on higher production of the defense-oriented P-1 and C-2, while the segment loss was ¥2.5 billion, roughly unchanged from the same period a year earlier, indicating that earnings improvement remains limited. - FY2023-Q2Aerospace losses widened despite higher revenueAnnual report
「Despite reduced deliveries of the Boeing 787, revenue increased by ¥1.9 billion, or 5.7%, year on year to ¥35.1 billion, due in part to increased production of the C-2 transport aircraft and P-1 patrol aircraft. Segment loss was ¥3.2 billion, a ¥2.5 billion year-on-year deterioration.」
Higher C-2 and P-1 production increased revenue by 5.7%, while segment loss widened to ¥3.2 billion, resulting in higher revenue alongside wider losses. - FY2023-Q1Aerospace revenue declined and losses widenedAnnual report
「Revenue declined by ¥1.5 billion, or 9.0%, year on year to ¥14.8 billion, due in part to reduced deliveries of the Boeing 787. Segment loss was ¥2.1 billion, a ¥1.2 billion year-on-year deterioration.」
Aerospace revenue declined 9.0% due in part to reduced Boeing 787 deliveries, while segment loss widened to ¥2.1 billion. - FY2022AdvancedAnnual report
「Orders in the Aerospace business exceeded the previous fiscal year, driven by the gradual resumption of commercial aircraft production, which had fallen sharply due to the spread of COVID-19, and the expansion of the helicopter business.」
While Aerospace revenue continued to decline, orders totaled ¥146,951 million, up 163.2% year on year, and the order backlog totaled ¥300,547 million, up 40.1%, due to the resumption of commercial aircraft production and expansion of the helicopter business. - FY2022-Q3Loss improvement continued despite lower revenueAnnual report
「In addition to continued stagnation in demand for commercial aircraft, production of the P-1 patrol aircraft and C-2 transport aircraft for the Ministry of Defense declined, among other factors. Revenue declined by ¥22.9 billion, or 32.9%, year on year to ¥46.6 billion. Segment loss was ¥2.5 billion, an improvement of ¥3.4 billion, or 57.8%, year on year.」
The Aerospace business continued to report lower revenue due to stagnant commercial aircraft demand and lower defense aircraft production, while segment loss narrowed to ¥2.5 billion, a 57.8% year-on-year improvement. - FY2022-Q2Revenue decline and loss improvement continuedAnnual report
「In addition to continued stagnation in demand for commercial aircraft, production of the P-1 patrol aircraft for the Ministry of Defense declined, among other factors. As a result, revenue declined by ¥14.0 billion, or 29.6%, year on year to ¥33.2 billion, while segment loss improved by ¥2.3 billion, or 76.9%, year on year to ¥0.7 billion.」
The Aerospace business recorded a 29.6% decline in revenue due to stagnant commercial aircraft demand and lower P-1 production, while segment loss narrowed to ¥0.7 billion, a 76.9% year-on-year improvement. - FY2022-Q1Aerospace revenue declined, but losses improvedAnnual report
「In addition to continued stagnation in demand for commercial aircraft, production of the P-1 patrol aircraft and C-2 transport aircraft for the Ministry of Defense declined, among other factors. As a result, revenue declined by ¥2.4 billion, or 13.0%, year on year to ¥16.3 billion, while segment loss improved by ¥2.0 billion, or 70.7%, year on year to ¥0.8 billion.」
The Aerospace business recorded a 13.0% decline in revenue due to stagnant commercial aircraft demand and lower P-1 and C-2 production, while segment loss narrowed to ¥0.8 billion, a 70.7% year-on-year improvement. - FY2021AdvancedAnnual report
「In the Aerospace segment, where demand has fallen sharply, the company is vigorously pursuing both temporary redeployment of personnel across business segments and the reduction of fixed costs and preservation of employment within the segment. It will respond promptly when aircraft demand recovers.」
In addition to new business and productivity improvement initiatives in the Aerospace business, the company is addressing the sharp decline in demand through temporary cross-segment personnel redeployment, fixed-cost reductions and employment preservation. - FY2021-Q3Aerospace revenue decline and losses widenedAnnual report
「Revenue declined by ¥34.7 billion, or 33.3%, year on year to ¥69.5 billion, as deliveries of the Boeing 787, Boeing 777 and other aircraft decreased due to the impact of the spread of COVID-19. Segment loss was ¥5.9 billion, a ¥12.2 billion year-on-year deterioration.」
Reduced deliveries due to the pandemic continued, with Aerospace revenue down 33.3% year on year and segment loss at ¥5.9 billion. - FY2021-Q2Aerospace revenue decline and losses continuedAnnual report
「Revenue declined by ¥23.8 billion, or 33.5%, year on year to ¥47.2 billion, as deliveries of the Boeing 787, Boeing 777 and other aircraft decreased due to the impact of the spread of COVID-19. Segment loss was ¥3.0 billion, a ¥8.1 billion year-on-year deterioration.」
In the Aerospace business, reduced deliveries of Boeing aircraft and other products due to the pandemic continued, with revenue down 33.5% year on year and segment loss at ¥3.0 billion. - FY2021-Q1Aerospace revenue declined and the business remained loss-making due to the pandemicAnnual report
「Revenue declined by ¥16.8 billion, or 47.3%, year on year to ¥18.7 billion, as deliveries of the Boeing 787, Boeing 777X and other aircraft were delayed because plants operated by customers were shut down due to the spread of COVID-19. Segment loss was ¥2.8 billion, a ¥5.7 billion year-on-year deterioration.」
In the Aerospace business, deliveries were delayed by shutdowns at customer plants, reducing revenue by 47.3% and resulting in a segment loss of ¥2.8 billion. - FY2020-Q3AdvancedAnnual report
「Revenue increased by ¥8.0 billion, or 8.3%, year on year to ¥104.2 billion, due in part to increased production of the Boeing 787 and Boeing 777X. Segment profit also increased by ¥1.0 billion, or 19.0%, to ¥6.3 billion.」
In the Aerospace business, higher production of the Boeing 787 and 777X increased revenue by 8.3% and segment profit by 19.0%. - FY2019AdvancedAnnual report
「For products supplied to the Ministry of Defense, revenue fell below the previous fiscal year due in part to the completion of the performance of the prototype production contract for the Ground Self-Defense Force’s new multi-role helicopter.」
The company disclosed the completion of the prototype production contract for the UH-X. Meanwhile, international joint development of rotary-wing aircraft, autonomous technologies, and the automation and efficiency improvements of production processes are continuing. - FY2018AdvancedAnnual report
「In the rotary-wing aircraft field, the company is engaged in international joint development, including improving the transmission capacity and airframe durability of a new medium-sized helicopter. It is also actively pursuing production technologies, including highly efficient processing technologies for carbon-fiber-reinforced composites and advanced metals, as well as automation of assembly and drilling operations, and is conducting research and development to improve cost competitiveness.」
Research and development to develop new businesses and improve cost competitiveness was given concrete form through international joint development of a new medium-sized helicopter and the automation and efficiency improvements of production technologies. - FY2018-Q3RestatedAnnual report
「For products supplied to the Ministry of Defense, revenue exceeded the year-earlier level, due in part to the full-scale launch of development under the contract for the new multi-role helicopter UH-X.」
Full-scale development under the UH-X contract and higher revenue from defense-related products continued, but no new development stage or plan was presented. - FY2018-Q1RestatedAnnual report
「For products supplied to the Ministry of Defense, revenue exceeded the year-earlier level due to increased production of the P-1 patrol aircraft.」
In the Aerospace business, production of the defense-related P-1 continued to increase, but no new plans or milestones for new business development or research and development were presented. - FY2017AdvancedAnnual report
「For products supplied to the Ministry of Defense, revenue exceeded that of the previous consolidated fiscal year, due in part to the full-scale launch of development under the contract for the new multi-role helicopter UH-X.」
Development under the UH-X contract entered full scale. Research and development also continued in unmanned aircraft, fixed-wing aircraft, rotary-wing aircraft and production technologies. - FY2016First statedAnnual report
「To achieve sustainable growth over the long term, the Aerospace Company is conducting the following research and development to develop new businesses. In the unmanned aircraft field, it is pursuing research and development to improve the functionality and reliability of unmanned aircraft for use in defense, disaster prevention and other applications. In the fixed-wing aircraft field, it is conducting research and development on parts-processing and assembly processes aimed at reducing costs, in addition to reducing structural weight and improving functionality.」
Research and development is being advanced in unmanned aircraft, fixed-wing aircraft, rotary-wing aircraft and production technologies.