Komori
Miroku (7983) · InitiativeCompletion of the new-factory project postponed and investment increasedLatest Earnings (2026-03-13): "Achieved"

Completion of the sporting-gun factory and preparation for expanded production

First written in FY2016. 7 of 18 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-03-13.

18entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2016 – FY2018RestatedFY2020-Q1 – FY2021OtherFY2024-Q1 – FY20242017: 320172018: 020182019: 120192020: 220202021: 320212022: 320222023: 220232024: 220242025: 120252026: 1
Same theme, other companies
Expansion of sporting firearms production capacity through the construction of the Miroku Nissho PlantA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. 2026-03-13AchievedEarnings

    「Relocation of the Miroku Nissho plant has been completed, and the plant began full-scale operations in February 2026.」

    The factory relocation under the new plant plan has been completed, and the plant has moved into full-scale operations.
  2. FY2024Completion of the new-factory project postponed and investment increasedAnnual report

    「As the new plant construction plan progressed and was revised, the scheduled completion date was changed from April 2025 to July 2025. Total planned investment was also changed from ¥4,500 million to ¥5,800 million.」

    For the Miroku Nissho Plant, the scheduled completion date was delayed from April to July 2025, and planned investment was increased from ¥4.5 billion to ¥5.8 billion. Production capacity after completion is expected to increase by approximately 20%.
  3. FY2024-Q1Production adjustments and capital investment burden during the transition to new productsAnnual report

    「The transition to new products resulted in production adjustments. Profit was also significantly affected by higher depreciation expenses from capital investment related to new product development, as well as persistently high domestic prices and surging imported component costs due to the weak yen.」

    The sporting firearms business experienced production adjustments during the transition to new products, while capital investment related to new product development weighed on profit through higher depreciation expenses.
  4. FY2023AdvancedAnnual report

    「As the new plant construction plan progressed and was revised, the scheduled construction start date was changed from the original June 2023 to January 2024, and the scheduled completion date was changed from the original May 2025 to April 2025. The total planned investment was also changed from the original ¥4,000 million to ¥4,500 million.」

    For the new sporting firearms plant, planned investment was increased to ¥4.5 billion, and the scheduled construction start and completion dates were revised to January 2024 and April 2025, respectively. Production capacity after completion is expected to increase by approximately 20%.
  5. FY2023-Q2RestatedAnnual report

    「Sales were ¥4,964.245 million, up 9.7% year on year, and segment profit, or operating income, was ¥527.460 million, up 25.6%, due in part to strong sales of high-value-added over-and-under shotguns, a core product, and continued full-capacity production across all models.」

    The company stated that full-capacity production continued across all models in the sporting firearms business. No new equipment milestone, such as construction of a new plant, was indicated.
  6. FY2022AdvancedAnnual report

    「For the Nangoku Nissho Industrial Park Plant (provisional name), planned investment is ¥4,000 million, ¥858 million has already been paid, construction is scheduled to start in June 2023 and be completed in May 2025. Production capacity after completion is expected to increase by approximately 20% through measures including reinforcement of the production system.」

    The plan progressed from the previous fiscal year's land acquisition and new-plant concept, with the total investment, planned construction start and completion dates, and an approximately 20% increase in post-completion production capacity becoming more specific.
  7. FY2022-Q3AdvancedAnnual report

    「At a meeting of the Board of Directors held on 24 May 2022, the company resolved to acquire the fixed asset, namely land, described below for construction of a new plant, and entered into a transfer agreement on 27 June 2022.」

    A transfer agreement for land for construction of the new plant was signed on 27 June 2022, following the Board of Directors' resolution. The site measures 32,405.24 m² and was acquired for ¥858.738 million, with delivery of the property scheduled for August 2022.
  8. FY2022-Q2AdvancedAnnual report

    「At a meeting of the Board of Directors held on 24 May 2022, the company resolved to acquire the fixed asset, namely land, described below for construction of a new plant.」

    The company resolved to acquire 32,405.24 m² of land for ¥858.738 million to strengthen production capacity in line with further increases in sporting firearms production. Delivery of the property was scheduled for August 2022, while the timing and scale of construction of the new plant were to be decided later.
  9. FY2021RestatedAnnual report

    「The sporting firearms business made capital investments totaling ¥660.370 million to rationalize and renew manufacturing equipment.」

    The sporting firearms business continued to rationalize and renew manufacturing equipment, investing ¥660.370 million during the fiscal year. No new milestone, such as completion of a plant, was indicated.
  10. FY2021-Q3RestatedAnnual report

    「Profit declined substantially from the same period of the previous year due to a decrease in high-value-added over-and-under shotguns, surging material costs, and higher depreciation expenses carried over from the previous fiscal year.」

    The company stated that higher depreciation expenses carried over from the previous fiscal year and costs associated with production and product-related investment continued to weigh on profit in the sporting firearms business.
  11. FY2021-Q2RestatedAnnual report

    「Profit declined substantially from the same period of the previous year due to a decrease in high-value-added over-and-under shotguns, depreciation expenses carried over from the previous fiscal year, and higher costs for developing new products.」

    The continued development of new products and the resulting increase in costs in the sporting firearms business were reaffirmed. No new completion or stage-gate milestone was indicated.
  12. FY2020RestatedAnnual report

    「The sporting firearms business made capital investments totaling ¥1,113.078 million to rationalize and renew manufacturing equipment.」

    The sporting firearms business continued to rationalize and renew manufacturing equipment, investing ¥1,113.078 million during the fiscal year.
  13. FY2020-Q2RestatedAnnual report

    「Profit declined from the same period of the previous year because costs related to expanding production capacity and developing new products continued to increase.」

    The company stated that continued expansion of production capacity and development of new products had increased costs in the sporting firearms business. No new milestones, such as completion or target achievement, were indicated.
  14. FY2020-Q1RestatedAnnual report

    「Profit declined from the same period of the previous year due to a decrease in high-value-added over-and-under shotguns and higher costs for expanding production capacity and developing new products.」

    The company stated that continued investment in expanding production capacity and developing new products had increased costs in the sporting firearms business. No new milestones, such as completion or target achievement, were indicated.
  15. FY2018AdvancedAnnual report

    「During the consolidated fiscal year, we made capital investments totaling ¥505.565 million to rationalize and renew manufacturing equipment.」

    The sporting firearms business invested ¥505.565 million in the rationalization and renewal of manufacturing equipment, continuing measures to accommodate higher production at the plant and with its equipment.
  16. FY2017-Q3AdvancedAnnual report

    「In anticipation of a production shutdown in August due to major equipment renewal, we brought production forward to May, resulting in sales volume exceeding that of the same period of the previous year.」

    In anticipation of the August production shutdown associated with major equipment renewal, production was brought forward to May. Production measures based on the completed plant and equipment were put into practice.
  17. FY2017-Q1AdvancedAnnual report

    「Sales of our core products, the over-and-under shotgun and bolt-action rifle, were strong. As we took steps to increase production, sales volume exceeded that of the same period of the previous year.」

    The company took steps to increase production using the completed sporting firearms plant and equipment, and sales volume of core products exceeded that of the same period of the previous year.
  18. FY2016AchievedAnnual report

    「During the fiscal year, the planned factory building was completed in August 2016, and capital expenditures totaling ¥829 million were made to rationalize and renew manufacturing equipment in preparation for higher production.」

    The planned factory building was completed in August 2016, and ¥829,192 thousand was invested to support higher production.
Moved together

"Resilient US market and recovery in the Nordic market" moved the same way as this thread, in the same document, in 2 of its 18 moves.

222222★123456
  1. ★This thread
  2. 1Resilient US market and recovery in the Nordic market2×
  3. 2Expanding customers and market share through small-diameter gun-drill products2×
  4. 3Stabilizing mass production of decorative steering wheels and expanding plastic-component production in stages2×
  5. 4Developing competitive products using new materials and technologies2×
  6. 5Developing decorative components and wood-product opportunities beyond steering wheels2×
  7. 6Dissolution and liquidation of the Chinese subsidiary2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Miroku yet. It last moved in the Earnings of 2026-03-13: "Achieved".
News
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Completion of the sporting-gun factory and preparation for expanded production | Miroku Corporation (7983) | Komori