Sales Slump Due to Changes in Gaming Machine Type Approval Testing Methods
First written in FY2017-Q1. 10 of 21 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2025-H1.
The whole theme swung hardest in 2017: 5 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「In terms of sales, sales of synthetic resin products to gaming machine manufacturers and ceramic heaters to semiconductor assembly equipment manufacturers and other customers progressed steadily. Marui Kogyo Co., Ltd., which became a newly consolidated subsidiary in the previous consolidated fiscal year, also contributed to higher sales. In terms of earnings, profit increased due to the impact of higher sales resulting from the above factors. As a result, revenue was ¥9,642 million, up 58.4% year on year, and segment profit was ¥598 million, compared with a segment loss of ¥138 million in the same period of the previous year.」
Sales of synthetic resin products and other products for gaming machine manufacturers progressed steadily, and the synthetic resins business swung from a segment loss in the same period of the previous year to profit. - FY2024-Q2MitigatedAnnual report
「In terms of sales, sales of synthetic resin products to gaming machine manufacturers, scientific measuring instruments, and ceramic heaters to semiconductor assembly equipment manufacturers and other customers progressed steadily. In terms of earnings, the loss narrowed year on year due to the impact of higher sales resulting from the above factors. As a result, revenue was ¥6,086 million, up 32.9% year on year, and the segment posted a loss of ¥138 million, compared with a segment loss of ¥235 million in the same period of the previous year.」
Higher sales of synthetic resin products and other products narrowed the segment loss from ¥235 million in the same period of the previous year to ¥138 million. This filing does not explicitly state a causal relationship with the changes in type-approval testing procedures. - FY2024-Q1MitigatedAnnual report
「In terms of sales, sales of synthetic resin products to gaming machine manufacturers, scientific measuring instruments, and ceramic heaters to semiconductor assembly equipment manufacturers and other customers progressed steadily. In terms of earnings, profit increased due to the impact of higher sales resulting from the above factors. As a result, revenue was ¥3,315 million, up 38.4% year on year, and segment profit was ¥9 million, compared with a segment loss of ¥34 million in the same period of the previous year.」
Sales of products for gaming machine manufacturers and other products progressed steadily, and the synthetic resins business swung from a segment loss in the same period of the previous year to profit. - FY2023WorsenedAnnual report
「Sales of synthetic resin products to gaming machine manufacturers declined substantially due to the reversal of the increase in replacement demand in the previous period accompanying the shift to new-standard gaming machines. Sales of scientific measuring instruments remained at the previous-period level, but sales of ceramic heaters to semiconductor assembly equipment manufacturers and other customers declined. In terms of earnings, profit declined due to the impact of lower sales resulting from the above factors. As a result, revenue was ¥12,276 million, down 13.6% from the previous period, and segment profit was ¥161 million, down 85.7% from the previous period.」
The annual decline in sales due to the reversal of replacement demand in the previous period accompanying the shift to new-standard gaming machines continued, resulting in substantial declines in revenue and segment profit. - FY2023-Q3WorsenedAnnual report
「Sales of synthetic resin products to gaming machine manufacturers declined substantially due to the reversal of the increase in replacement demand in the previous period accompanying the shift to new-standard gaming machines.」
The decline in sales of synthetic resin products to gaming machine manufacturers continued due to the reversal of replacement demand in the previous period accompanying the shift to new-standard gaming machines, and segment profit fell 92.7% year on year. - FY2023-Q2WorsenedAnnual report
「In terms of sales, sales of synthetic resin products to gaming machine manufacturers declined substantially due to the reversal of the increase in replacement demand in the previous period accompanying the shift to new-standard gaming machines. Sales of scientific measuring instruments and ceramic heaters to semiconductor assembly equipment manufacturers and other customers also declined. In terms of earnings, profit declined due to the impact of lower sales resulting from the above factors. As a result, revenue was ¥4,580 million, down 32.7% year on year, and the segment posted a loss of ¥235 million, compared with segment profit of ¥596 million in the same period of the previous year.」
The decline in sales due to the reversal of replacement demand in the previous period accompanying the shift to new-standard gaming machines continued, and the synthetic resins business swung from segment profit in the same period of the previous year to a segment loss of ¥235 million. - FY2023-Q1WorsenedAnnual report
「In terms of sales, sales of synthetic resin products to gaming machine manufacturers declined substantially due to the reversal of the increase in replacement demand in the previous period accompanying the shift to new-standard gaming machines. Sales of scientific measuring instruments progressed steadily, but sales of ceramic heaters to semiconductor assembly equipment manufacturers and other customers declined.」
The reversal of replacement demand in the previous period accompanying the shift to new-standard gaming machines led to a substantial decline in sales of synthetic resin products to gaming machine manufacturers, and the sales pressure that had previously eased has re-emerged. - FY2022MitigatedAnnual report
「Sales of synthetic resin products to gaming machine manufacturers increased substantially due to higher replacement demand as the industry shifted to new-standard gaming machines.」
Higher sales driven by replacement demand have continued to offset the sales pressure historically associated with legal regulations and the shift to new-standard gaming machines. - FY2022-Q3MitigatedAnnual report
「Sales of scientific measuring instruments and ceramic heaters to semiconductor assembly equipment manufacturers and other customers also remained firm. In terms of earnings, profit increased due to the impact of higher sales resulting from the above factors.」
Replacement demand accompanying the shift to new-standard gaming machines drove a substantial increase in synthetic resin product sales, while sales of scientific measuring instruments and ceramic heaters also remained firm. The sales pressure historically associated with changes in type-approval testing procedures and other factors continued to ease in terms of business performance. - FY2022-Q2MitigatedAnnual report
「Sales of synthetic resin products to gaming machine manufacturers increased substantially due to higher replacement demand as the industry shifted to new-standard gaming machines.」
The company states that replacement demand accompanying the shift to new-standard gaming machines continued to ease the previously identified risk of weak sales. - FY2022-Q1MitigatedAnnual report
「Sales of synthetic resin products to gaming machine manufacturers increased substantially due to higher replacement demand as the industry shifted to new-standard gaming machines.」
Replacement demand accompanying the revised regulations and the shift to new-standard gaming machines drove a substantial increase in sales to gaming machine manufacturers, and the synthetic resins business swung from a segment loss in the same period of the previous year to profit. - FY2020MitigatedAnnual report
「Following the enforcement in February 2018 of revised regulations aimed at curbing the gambling appeal of gaming machines, replacement demand arose as the industry switched to new-standard machines compliant with the regulations. As a result, sales of synthetic resin products to gaming machine manufacturers progressed steadily.」
Although the risk of weak sales due to regulation remains, the company states that sales of synthetic resin products to gaming machine manufacturers were firm, supported by replacement demand for machines compliant with the revised regulations. - FY2019MitigatedAnnual report
「In terms of earnings, sales of synthetic resin products to gaming machine manufacturers, ceramic heaters to semiconductor assembly equipment manufacturers and other customers, and scientific measuring instruments increased.」
The risk of changes in demand due to legal regulations and self-regulation remains a risk item, while the company states that sales of synthetic resin products and other products to gaming machine manufacturers increased in the current consolidated fiscal year. It does not state that the regulatory risk itself has been eliminated. - FY2019-Q3WorsenedAnnual report
「In terms of earnings, sales of synthetic resin products to gaming machine manufacturers declined, while sales of ceramic heaters to semiconductor assembly equipment manufacturers and other customers increased. Sales of scientific measuring instruments also increased. As a result, revenue was ¥3,988 million, down 2.2% year on year, and segment profit was ¥86 million, compared with segment profit of ¥42 million in the same period of the previous year.」
The company notes a decline in sales of synthetic resin products to gaming machine manufacturers, deteriorating from the sales increase in the previous quarter. However, this filing does not explicitly state a causal relationship with the changes in type-approval testing procedures. - FY2018ReframedAnnual report
「Changes in demand resulting from these regulations may affect the performance of our group.」
The previous description of weak sales due to changes in type-approval testing procedures for gaming machines has been reframed as the risk of changes in demand resulting from legal regulations and industry self-regulation. - FY2018-Q3WorsenedAnnual report
「In terms of earnings, sales of synthetic resin products to gaming machine manufacturers declined, while sales of ceramic heaters to semiconductor assembly equipment manufacturers and other customers increased. Sales of scientific measuring instruments also increased. As a result, revenue was ¥3,988 million, down 2.2% year on year, and segment profit was ¥86 million, compared with segment profit of ¥42 million in the same period of the previous year.」
The company again explicitly notes a decline in sales of synthetic resin products to gaming machine manufacturers, indicating that sales pressure related to changes in type-approval testing procedures continues. Meanwhile, segment profit exceeded the same period of the previous year due to higher sales of other products. - FY2018-Q2RestatedAnnual report
「In terms of earnings, sales of synthetic resin products to gaming machine manufacturers and ceramic heaters to semiconductor assembly equipment manufacturers and other customers increased. Sales of scientific measuring instruments also increased. As a result, revenue was ¥2,960 million, up 28.9% year on year, and segment profit was ¥71 million, compared with a segment loss of ¥45 million in the same period of the previous year.」
Sales of products for gaming machine manufacturers and other products continued to increase, and the business continued to swing from a segment loss to profit, although the company does not explicitly state that the impact of changes in type-approval testing procedures has been eliminated. - FY2018-Q1MitigatedAnnual report
「In terms of earnings, sales of synthetic resin products to gaming machine manufacturers and ceramic heaters to semiconductor assembly equipment manufacturers and other customers turned upward. Sales of scientific measuring instruments also increased. As a result, revenue was ¥1,441 million, up 64.4% year on year, and segment profit was ¥33 million, compared with a segment loss of ¥85 million in the same period of the previous year.」
Sales of products for gaming machine manufacturers and other products turned upward, and the synthetic resins business swung from a segment loss in the same period of the previous year to profit. The company does not state that the impact of changes in type-approval testing procedures has been eliminated, but the impact that had appeared as weak sales eased in the current quarter. - FY2017-Q3RestatedAnnual report
「The impact of changes in the operation of type-approval testing procedures in the gaming machine industry continued, and sales of synthetic resin products to gaming machine manufacturers remained weak. Sales of ceramic heaters to semiconductor assembly equipment manufacturers and other customers also declined. As a result, revenue was ¥4,077 million, down 3.5% year on year, and segment profit was ¥42 million, down 60.3% year on year.」
The impact of changes in type-approval testing procedures and the decline in ceramic heater sales continued, resulting in year-on-year declines in revenue and segment profit. - FY2017-Q2WorsenedAnnual report
「The impact of changes in the operation of type-approval testing procedures in the gaming machine industry continued, and sales of synthetic resin products to gaming machine manufacturers remained weak. Sales of ceramic heaters to semiconductor assembly equipment manufacturers and other customers also declined. As a result, revenue was ¥2,296 million, down 17.6% year on year, and the segment posted a loss of ¥45 million, compared with segment profit of ¥65 million in the same period of the previous year.」
As the impact of changes in type-approval testing procedures continued, weak sales were compounded by lower ceramic heater sales, and the synthetic resins business swung from segment profit in the same period of the previous year to a segment loss of ¥45 million. - FY2017-Q1MaterialisedAnnual report
「The impact of changes in the operation of type-approval testing procedures in the gaming machine industry continued, and sales of synthetic resin products to gaming machine manufacturers remained weak.」
The impact of changes in the operation of type-approval testing procedures continued, appearing as weak sales of synthetic resin products to gaming machine manufacturers.