Investor Presentaiton
Domestic Sales
YOY
JPY5.0 billion
decrease
ISEKI TRANSFORMATION
IX2025
Pullback effect with withdrawal of government subsidies for business continuity, etc., which had
stimulated demand, and decreased willingness to buy due to falling rice prices
Maintenance revenues maintained
FY2018/12
FY2019/12
FY2020/12
FY2021/12
FY2022/12
(JPY bn)
YoY Change
2Q Actual
2Q Actual
2Q Actual
2Q Actual
2Q Actual
Cultivating &
Mowing
16.3
15.1
13.3
14.7
Main factors of YoY changes
14.3
(0.3)
Agricultural Machinery Related
Agricultural Machinery
Machinery
Planting
6.4
6.1
5.5
6.4
5.5
(0.9)
Machinery
Harvesting &
Processing
5.4
5.3
4.3
4.8
5.4
0.5
Machinery
Subtotal
28.2
26.6
23.1
25.9
25.3
(0.6)
Sales of agricultural machinery and farming
implements declined due to decreased
willingness to buy caused by falling rice
prices, in addition to a pullback effect with
withdrawal of government subsidies for
business continuity, etc., which had
stimulated demand.
Farming
11.7
11.9
10.6
13.5
10.9
(2.5)
Implements
Spare Parts
6.8
6.8
7.1
7.2
7.2
(0.0)
Repair Fees
2.6
2.6
2.7
2.8
2.8
(0.0)
Subtotal
21.2
21.4
20.6
23.6
21.0
(2.6)
Total
49.5
48.1
43.8
49.6
46.3
(3.2)
Although revenues from machinery and
farming implements declined, maintenance
revenues, such as spare parts sales and
repair fee revenues, maintained the same
level year on year.
Construction of Facilities
3.3
1.3
3.0
1.9
1.2
(0.6)
Others
11.0
10.4
10.3
11.0
9.8
(1.1)
Total
63.9
59.9
57.2
62.6
57.5
(5.0)
夢ある農業応援団と*
Financial Results Briefing for the Second Quarter of the Fiscal Year Ending December 31, 2022
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