Nittoku, the Tokyo Stock Exchange Standard-market machinery maker, has won a second tranche of orders for humanoid-robot motor production equipment. The additional order is worth about ¥10.2bn, and the project's cumulative order value is now about ¥18.4bn, the company said in a follow-up disclosure dated November 13.
What the order adds
The follow-up builds on a November 12 announcement of an order of about ¥8.2bn for the same project. The new ¥10.2bn is therefore the incremental piece; the ¥18.4bn total includes the earlier order.
| Item | Detail |
|---|---|
| Earlier order (announced November 12) | About ¥8.2bn |
| Additional order (November 13) | About ¥10.2bn |
| Cumulative project orders | About ¥18.4bn |
| Destination | North America |
| Revenue recognition | Fiscal year ending March 2028 onward |
The equipment is for production of motors for humanoid robots, and its destination is North America. Nittoku says it has a record of many deliveries of production equipment for this class of small precision motor, which it describes as a field where it has long held a technical advantage.
Customer and timing
Nittoku is not naming the customer, citing a confidentiality agreement. It says there is no capital, personnel or other notable relationship with the customer that requires disclosure, and that the order is not a related-party transaction. It says it will disclose the name promptly if disclosure becomes possible.
The revenue timing is the catch. Nittoku plans to book all of the revenue from this project in the fiscal year ending March 2028 or later, so it expects no effect on results for the current year to March 2027. The disclosure gives no delivery schedule or margin.
Plan and further orders
Nittoku said it will review its medium-term management plan as appropriate. The company also says it discloses orders once they are confirmed, in line with the Tokyo Stock Exchange's timely disclosure rules, and will announce any further orders for this project promptly.