Shift in focus from ship-related to plant- and aircraft-related businesses
First written in FY2018. 5 of 11 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
14 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「The company will continue to pursue consultative sales that leverage its technical capabilities, with a view to expanding into new areas, including components for renewable energy equipment.」
In addition to its established shipbuilding and plant-related businesses, the company is targeting components for renewable energy equipment as a new area and is expanding its consultative sales approach by leveraging its technical capabilities. - FY2024AdvancedAnnual report
「In particular, within the company’s operations, the Power and Heavy Machinery segment, which undertakes the manufacture of ship-related equipment, plant equipment and machine-tool components, has advanced large-scale orders and the development of new sales channels. These initiatives have produced results and driven growth beyond expectations, lifting the performance of the Group as a whole.」
Large-scale orders and the development of new sales channels for contract manufacturing of ship, plant and machine-tool components have produced results, and are described as growth exceeding expectations. - FY2024-Q3AdvancedAnnual report
「In markets created by such new regulations and other factors, development is under way on engines incorporating new technologies. The Group has generated results by undertaking the manufacture of equipment for what might be called "product development projects and other projects" at related customers that are responsible for developing and manufacturing these products.」
The company explains that it is securing contract manufacturing work for equipment arising from product development projects at related customers in new markets created by environmental regulations and other factors, and is producing results. - FY2024-Q2AdvancedAnnual report
「By targeting these growth markets in its sales efforts, the company expanded sales channels with new customers, resulting in higher revenue.」
The company is expanding its sales efforts by targeting growth markets, including environmentally friendly capital equipment, which is leading to the expansion of sales channels with new customers. - FY2023-Q2RestatedAnnual report
「Demand in the shipbuilding, plant-related and machine-tool-related markets has remained firm from the previous period. Against this backdrop, progress on contracted projects was also steady, albeit gradual, and net sales slightly exceeded the year-earlier period.」
The company continues to focus its sales efforts on securing contract manufacturing demand in the shipbuilding, plant and machine-tool-related markets. - FY2023-Q1RestatedAnnual report
「In the Power and Heavy Machinery business, demand for ships and plant equipment remained firm, so the company pursued sales activities focused on winning contract manufacturing demand for related equipment.」
The company continues to pursue sales activities aimed at winning contract manufacturing demand for related equipment in the shipbuilding and plant-equipment markets. - FY2022-Q3RestatedAnnual report
「The company has focused its contract manufacturing sales on related equipment and parts in the shipbuilding and industrial machinery markets, where market conditions have remained firm.」
The company continues to pursue contract manufacturing sales of related equipment and parts targeting the shipbuilding and industrial machinery markets. - FY2022-Q1RestatedAnnual report
「The company focused on sales of contract-manufactured related equipment for the shipbuilding and plant equipment markets, where market conditions remained strong.」
The company continues to describe contract manufacturing sales targeting the shipbuilding and plant-equipment markets. - FY2021-Q2RestatedAnnual report
「The company has pursued sales activities focused on developing new customers in the shipbuilding, plant-related, and machine-tool-related markets.」
The company continues to focus its sales activities on developing new customers in the shipbuilding, plant-related, and machine-tool-related markets. - FY2021-Q1ReframedAnnual report
「Although the company is promoting sales with new customer development as a key initiative in the shipbuilding, plant-related and machine tool-related markets, overall operating results remained sluggish because the timing of revenue recognition for orders received tended to be concentrated in the second half.」
The description has changed from a shift in focus to plant- and aircraft-related business to pursuing new development in the shipbuilding, plant, and machine-tool markets. - FY2018First statedAnnual report
「In the Power and Heavy Machinery business, demand for marine equipment and parts, which had previously accounted for a high proportion of sales, is uncertain. The company will therefore shift its targets from the sea to land, including plant-related and aircraft-related markets.」
In response to uncertainty over demand related to ships, the company has explicitly stated for the first time its policy of shifting its sales focus to plant- and aircraft-related markets and others.