Steady Hydraulic Equipment Performance Driven by Growth in China’s Forklift and Construction Machinery Markets
First written in FY2018-Q1. 12 of 23 entries say "Restated". Latest entry: FY2026.
Shimadzu moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In hydraulic equipment, hydraulic units declined for industrial vehicles but increased for special-purpose vehicles due to higher demand for labor-saving solutions.」
The demand mix for hydraulic equipment shifted from one centered on recovering demand for industrial vehicles, construction machinery and other products to one in which declining demand for industrial vehicles coexists with increased demand for labor-saving solutions for special-purpose vehicles. - FY2026-H1ReframedAnnual report
「Hydraulic equipment increased, as demand for replacement with battery-powered vehicles in Japan outweighed the decline in sales to industrial vehicles in North America.」
Hydraulic equipment has shifted to a structure in which declines in demand for industrial vehicles in North America coexist with increases driven by replacement demand for battery-powered vehicles in Japan. - FY2025-H1WorsenedAnnual report
「Although hydraulic equipment declined because of deteriorating market conditions, demand in China for industrial furnaces used to manufacture automotive ceramics remained firm.」
The explanation of increases driven by the recovery in demand for industrial vehicles and construction machinery shifted to one explicitly citing a decline in hydraulic equipment due to deteriorating market conditions. - FY2023RestatedAnnual report
「Although some customers adjusted production, demand in the industrial vehicle and construction machinery fields remained solid for hydraulic equipment.」
Although the impact of production adjustments by some customers remains, demand in the industrial vehicles and construction machinery fields has remained firm. - FY2023-Q3RestatedAnnual report
「Although hydraulic equipment was affected by production adjustments by some customers, demand in the industrial vehicle, construction machinery and agricultural machinery sectors remained firm, resulting in a slight increase.」
Although some customers’ production adjustments had an impact, demand for industrial vehicles, construction machinery and agricultural machinery remained solid, and hydraulic equipment posted a slight increase. - FY2023-Q1ReframedAnnual report
「Although demand for industrial vehicles, construction machinery, and agricultural machinery remained firm, hydraulic equipment was affected by production adjustments caused by some customers' difficulty in procuring components.」
While demand for industrial vehicles, construction machinery and agricultural machinery remains solid, production adjustments caused by difficulties in procuring components for some customers have emerged as a new factor behind the decline. - FY2022RestatedAnnual report
「Demand expanded in the industrial vehicles, construction machinery and agricultural machinery fields, leading to a significant increase in sales of hydraulic equipment.」
The increase in sales of hydraulic equipment accompanying expanded demand in the industrial vehicle, construction machinery and agricultural machinery fields was also confirmed in the full-year results. - FY2022-Q3RestatedAnnual report
「Demand expanded in the industrial vehicles, construction machinery and agricultural machinery fields, leading to a significant increase in sales of hydraulic equipment.」
The increase in sales of hydraulic equipment accompanying expanded demand in the industrial vehicle, construction machinery and agricultural machinery fields has been reconfirmed. - FY2022-Q2RestatedAnnual report
「In addition, demand in the industrial vehicle and construction machinery fields recovered, and sales of hydraulic equipment increased significantly.」
The increase in hydraulic equipment sales accompanying the recovery in demand in the industrial vehicle and construction machinery sectors has been reconfirmed. - FY2022-Q1ReframedAnnual report
「Demand in the industrial vehicles and construction machinery sectors also recovered, and revenue from hydraulic equipment increased.」
The situation has changed from descriptions of difficult conditions caused by infectious diseases and lower capital investment to increased sales of hydraulic equipment accompanying a recovery in demand in the industrial vehicle and construction machinery fields. - FY2021RestatedAnnual report
「Revenue increased, owing to growth in turbomolecular pumps for flat-panel display manufacturing equipment and, amid increased infrastructure investment, hydraulic equipment for forklifts, construction machinery and agricultural machinery, among other factors.」
The report continues to state that hydraulic equipment for forklifts, construction machinery and agricultural machinery increased in China, supported by higher infrastructure investment. - FY2021-Q3ReframedAnnual report
「In China, revenue increased owing to strong sales of turbomolecular pumps for flat-panel display manufacturing equipment, as well as increased sales of hydraulic equipment for forklifts, construction machinery, and agricultural machinery, supported by government measures to stimulate domestic demand and increased infrastructure investment.」
Against the previously difficult conditions for hydraulic equipment caused by the spread of infection and reduced capital investment, demand for forklifts, construction machinery and agricultural machinery in China increased on the back of government measures to stimulate domestic demand and increased infrastructure investment. - FY2021-Q2RestatedAnnual report
「Meanwhile, hydraulic equipment, industrial furnaces and glass winders performed poorly due to the impact of lower capital investment resulting from the spread of COVID-19.」
Hydraulic equipment remains in a difficult environment, affected by declining capital investment due to the spread of COVID-19. - FY2021-Q1RestatedAnnual report
「Hydraulic equipment, meanwhile, performed poorly due to the impact of the spread of COVID-19.」
Difficult conditions for hydraulic equipment due to the deterioration of market conditions in China and the impact of COVID-19 continue. - FY2020ReframedAnnual report
「Annual revenue declined, as the decrease in hydraulic equipment caused by deteriorating market conditions in China and the spread of COVID-19 could not be fully offset.」
The explanation has shifted from firm performance and slight growth supported by expansion of China's forklift market and domestic demand to a full-year revenue decline that includes a decrease in hydraulic equipment due to deteriorating market conditions in China and the impact of COVID-19. - FY2020-Q3ReframedAnnual report
「Hydraulic equipment declined as demand stagnated in Japan, which was affected by natural disasters, while North America and China were affected by U.S.-China trade friction.」
In addition to declines caused by the slowdown in China and U.S.-China trade friction in North America and China, demand in Japan was reported to have stagnated due to natural disasters, indicating changes in the regional factors affecting hydraulic equipment. - FY2020-Q2ReframedAnnual report
「Hydraulic equipment declined in North America and China due to the impact of US-China trade friction, but increased slightly owing to resilient demand in Japan and other factors.」
The explanation changed from the previous quarter’s description of a decline caused by stagnation in the Chinese economy to a mix in which the impact of US-China trade friction also extended to North America, while domestic demand resulted in a slight overall increase. - FY2020-Q1ReframedAnnual report
「Hydraulic equipment declined in China owing to the impact of the economic slowdown, but increased slightly overall on firm demand in Japan and other factors.」
The explanation has shifted from strong performance supported by expansion of China's forklift and construction machinery markets to a slight overall increase, reflecting a decline caused by the slowdown in the Chinese economy and firm demand in Japan. - FY2019-Q3RestatedAnnual report
「Hydraulic equipment remained firm, supported by expansion of the Chinese forklift market and solid demand in Japan, North America and Europe.」
Hydraulic equipment continues to perform steadily, supported by the expansion of China's forklift market and resilient demand in Japan, North America and Europe. - FY2019-Q2RestatedAnnual report
「Hydraulic equipment remained firm, supported by expansion of the Chinese forklift market and solid demand in Japan, North America and Europe.」
Hydraulic equipment continues to perform steadily, supported by the expansion of China's forklift market and resilient demand in Japan, North America and Europe. - FY2019-Q1RestatedAnnual report
「Hydraulic equipment also performed steadily, supported by continued expansion of the forklift market in China and resilient demand in Japan, North America and Europe.」
Hydraulic equipment continues to perform steadily, supported by the expansion of China's forklift market and resilient demand in Japan, North America and Europe. - FY2018-Q2RestatedAnnual report
「Hydraulic equipment also performed well for construction machinery and industrial vehicles, including forklifts, in China.」
Hydraulic equipment continues to perform well, supported by demand from construction machinery and industrial vehicles, including forklifts in China. - FY2018-Q1First statedAnnual report
「Hydraulic equipment also remained firm, supported by growth in China’s forklift and construction-machinery markets.」
First disclosure that growth in China’s forklift and construction-machinery markets supported firm hydraulic-equipment performance.