Fluctuations in Equipment Sales Due to Customer Development Schedule Slippage
First written in FY2020-Q1. 5 of 16 entries say "Materialised", first in FY2021-Q2. Latest entry: 2026-11-04.
Parker moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Worsened".
- FY2025-H1MitigatedAnnual report
「Equipment sales to the automotive industry increased revenue as acceptance inspections were completed during the current interim consolidated accounting period.」
Regarding the previous risks of delays in equipment acceptance inspections and schedules, the Company states that acceptance inspections were completed during the current interim consolidated accounting period, resulting in higher equipment sales revenue. - FY2024-Q3Shipping delays alongside progress in acceptance inspectionsAnnual report
「Domestic import sales of machinery were affected by the weak yen and shipping delays from Europe but remained firm. Equipment for the automotive industry generated higher revenue and profit due to acceptance inspections for overseas equipment and other factors.」
While shipping delays from Europe remain a constraint on import sales, progress in acceptance inspections for overseas automotive equipment resulted in higher revenue and profit in the Machinery segment. - FY2024-Q2Large orders shifting to the second halfAnnual report
「Domestic import sales of flour-milling machinery have remained firm despite the effects of the weak yen and large orders shifting to the second half.」
The Company states that the shift of large orders to the second half affected first-half equipment sales. Meanwhile, equipment for the automotive industry generated higher profit due to orders for unplanned equipment and modification work. - FY2024-Q1MitigatedAnnual report
「Manufacturing and sales of equipment for the automotive industry increased revenue and profit as acceptance inspections for the backlog of orders from the previous fiscal year were completed.」
Regarding the backlog of orders and delays in acceptance inspections that had constrained equipment sales through the previous filing, the Company states that acceptance inspections for orders carried over from the previous fiscal year were completed, and that the Machinery segment shifted from an operating loss to operating profit. - FY2023-Q2WorsenedAnnual report
「Import sales of flour-milling machinery were affected by delays in import schedules, and the delivery of large projects shifted to the second half. Manufacturing and sales of equipment for the domestic and overseas automotive industries saw a decline in orders due to delays in new-vehicle development and the cancellation of plans to install automated equipment, but revenue increased and profit declined as acceptance inspections for equipment destined for North America were completed. The segment's revenue was ¥1,229 million, up 3.9% year on year, and operating loss was ¥8 million, compared with operating profit of ¥78 million in the same period of the previous year.」
Orders and deliveries were constrained by delays in import schedules, delays in new-vehicle development and the cancellation of plans to install automated equipment, causing the Machinery segment to shift from operating profit in the same period of the previous year to an operating loss. - FY2023-Q1WorsenedAnnual report
「Import sales of flour-milling machinery increased revenue but reduced profit, as installation work was delayed because equipment could not be shipped due to the Shanghai lockdown.」
In addition to the previous import and equipment acceptance inspection delays, inability to ship equipment due to the Shanghai lockdown and delays in installation work have appeared in results as an operating loss in the Machinery segment. - FY2022WorsenedAnnual report
「Delivery of imported equipment machinery was also delayed due to delays in deliveries of electrical and instrumentation products caused by the semiconductor shortage and marine transport delays resulting from the situation in Ukraine. However, revenue and profit increased due to a rise in orders for production equipment for the domestic flour-milling and automotive industries and the effects of expense reductions.」
In addition to the previous import and acceptance inspection delays, delays in deliveries of electrical and instrumentation products caused by the semiconductor shortage and marine transport delays resulting from the situation in Ukraine have emerged as constraints on equipment delivery schedules. - FY2022-Q3Delays in delivery of domestic equipment alongside completion of acceptance inspections for overseas equipmentAnnual report
「Delivery of equipment machinery for the domestic flour-milling industry was delayed due to delays in delivery of electrical and instrumentation products caused by the semiconductor shortage. However, the business remained firm as acceptance inspections for overseas automotive equipment, which had been postponed due to delays in marine transport schedules, were completed.」
While delays in component deliveries caused by the semiconductor shortage newly emerged as a constraint on equipment sales, acceptance inspections for overseas automotive equipment postponed due to marine transport delays were completed. - FY2022-Q2MitigatedAnnual report
「Acceptance inspections for overseas automotive production equipment that had been delayed were completed as marine transport returned to normal following the COVID-19 pandemic. However, revenue declined while profit increased due to delays in the progress of some vehicle development programs and other factors.」
As marine transport returned to normal, acceptance inspections for overseas equipment that had previously been delayed were completed. However, delays in the progress of some vehicle development programs remained a factor behind lower revenue in the Machinery segment. - FY2022-Q1MaterialisedAnnual report
「Import sales of flour-milling machinery and automatic equipment for the domestic and overseas automotive industries declined due to delays in equipment acceptance inspections caused by import delays associated with the spread of COVID-19 and delays in the progress of vehicle development programs, among other factors, resulting in lower revenue and lower profit.」
Import delays, delays in equipment acceptance inspections and delays in the progress of vehicle development programs associated with the spread of COVID-19 continue to appear in results as factors behind lower revenue and lower profit in the Machinery segment. - FY2021MaterialisedAnnual report
「Manufacturing and sales of the Company's core equipment for the domestic and overseas automotive industries and import sales of flour-milling machinery declined due to delays in equipment acceptance inspections and delays in the progress of vehicle development programs caused by overseas lockdowns associated with the spread of COVID-19, among other factors, resulting in lower revenue and lower profit.」
In addition to delays in customers' development schedules, delays in equipment acceptance inspections caused by overseas lockdowns have resulted in lower full-year revenue and profit in the Machinery segment. - FY2021-Q3MaterialisedAnnual report
「Sales of the Company's core equipment for the domestic and overseas automotive industries and flour-milling machinery declined due to delays in equipment acceptance inspections caused by overseas lockdowns associated with the spread of COVID-19, among other factors, resulting in lower revenue and lower profit.」
Continuing delays in equipment acceptance inspections caused by overseas lockdowns have resulted in lower equipment sales revenue and profit. - FY2021-Q2MaterialisedAnnual report
「Revenue and profit declined due to delays in the development of vehicle models for customers and delays in equipment acceptance inspections caused by overseas lockdowns associated with the spread of COVID-19, among other factors.」
In addition to delays in customers' development schedules, delays in equipment acceptance inspections caused by overseas lockdowns have resulted in lower equipment sales revenue and profit. - FY2020-Q1First statedAnnual report
「Manufacturing and sales of the Company's core automotive interior production equipment for domestic and overseas markets declined from the level of the same period of the previous year due to the impact of delays in users' development schedules and other factors, resulting in lower revenue and lower profit. The segment's revenue was ¥609 million, down 25.5% year on year, and operating loss was ¥18 million, compared with operating profit of ¥100 million in the same period of the previous year.」
Delays in customers' development schedules reduced the scale of automotive interior production equipment sales, resulting in lower revenue and an operating loss in the Machinery segment.