Expanding overseas projects through cooperation with overseas subsidiaries
First written in FY2016. 7 of 18 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.
49 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the equipment construction businesses operated in Thailand, Singapore and Malaysia, we seek to capture local demand for EPC projects and other work.」
The company reconfirms its policy of rebuilding overseas operations centered on Thailand, Singapore and Malaysia following the liquidation of the Chinese subsidiary, as well as capturing local EPC projects. - FY2025AdvancedAnnual report
「Using the Bangkok Business Center, established in Bangkok, Thailand, as a base for developing markets in Thailand and neighboring ASEAN countries, we conduct sales activities, market research and new business development. In the equipment construction businesses operated in Thailand, Singapore and Malaysia, we seek to capture local demand for EPC projects and other work.」
Following the liquidation of the Chinese subsidiary, the company has specified measures for overseas operations centered on Thailand, Singapore and Malaysia, including market development and new business development through the Bangkok Business Center and the acquisition of local EPC projects. - FY2025-H1ReframedAnnual report
「During the six months ended 30 September 2024, 田工実業(上海)有限公司 was excluded from the scope of consolidation following completion of its liquidation. As a result, as of 30 September 2024, the Group consisted of the Company and 4 subsidiaries.」
Under its policy of expanding overseas operations, the company completed the liquidation of its Shanghai, China subsidiary and revised the composition of its overseas business. - FY2024ReframedAnnual report
「Regarding the subsidiary in China, we determined that expanding its business in a manner contributing to the Group's growth would be difficult because of stagnant business activity resulting from COVID-19 and uncertainty over the outlook for the Chinese economy. We therefore plan to liquidate it during fiscal 2024 in order to concentrate management resources on other growth markets.」
While continuing its policy of cooperating with overseas subsidiaries and expanding overseas projects, the company is revising its approach by liquidating the Chinese subsidiary and concentrating management resources on growth markets such as Thailand, Singapore and Malaysia. - FY2024-Q1AdvancedAnnual report
「During the first quarter, the Group established タナベエンジニアリングアジア and included the company in the scope of consolidation. As a result, as of 30 June 2023, the Group consisted of the Company and 5 subsidiaries.」
As concrete progress in overseas business expansion, the company established Tanabe Engineering Asia and increased the number of consolidated subsidiaries from 4 to 5. - FY2022AdvancedAnnual report
「Revenue exceeded the previous fiscal year's level because domestic construction was little affected by COVID-19, construction progress was favorable, carryover projects from the previous fiscal year were completed, and the completion of a large project at an overseas subsidiary also contributed.」
Completion of a large project at an overseas subsidiary contributed to higher consolidated revenue. The medium-term target of an overseas revenue ratio of at least 15% and the policy of capturing projects in Singapore, Malaysia and elsewhere remain unchanged. - FY2021AdvancedAnnual report
「Across the Group, we will strengthen cooperation with overseas subsidiaries and quickly create group synergies. In the equipment construction businesses operated in Singapore and Malaysia, we are allocating human resources and strengthening project management to complete large orders. In the equipment construction business operated in Shanghai, China, we are reinforcing personnel to strengthen sales and seeking to capture demand for medium-sized and small EPC projects and maintenance services locally.」
The company specifies measures to expand overseas operations, including stronger cooperation with overseas subsidiaries, project management for large projects in Singapore and Malaysia, and sales and personnel reinforcement in China. - FY2021-Q3RestatedAnnual report
「Revenue was ¥26,680 million, essentially unchanged from the same quarter of the previous year, down 0.1%. Although some overseas subsidiaries experienced periods of lower plant operating rates and slower construction progress due to lockdowns and travel restrictions related to COVID-19, the impact of COVID-19 on the construction environment in Japan was limited, and revenue was supported by the completion of carryover projects from the previous fiscal year and projects completed under the percentage-of-completion method.」
While overseas subsidiaries experienced lower operating rates and slower construction progress due to lockdowns and travel restrictions, the impact on domestic construction was limited. No new changes to the overseas business expansion policy are stated. - FY2021-Q2RestatedAnnual report
「At some overseas subsidiaries, lockdowns and travel restrictions related to COVID-19 caused lower plant operating rates and slower construction progress, among other effects,」
In overseas business expansion through cooperation with overseas subsidiaries, lower plant operating rates and slower construction progress resulting from lockdowns and travel restrictions continue to occur. - FY2021-Q1Operating constraints at overseas subsidiariesAnnual report
「At some overseas subsidiaries, lockdowns and travel restrictions related to COVID-19 caused lower plant operating rates and slower construction progress, among other effects, resulting in ¥7,098 million, down 3.9% year on year.」
In overseas business expansion through cooperation with overseas subsidiaries, lockdowns and travel restrictions reduced plant operating rates and slowed construction progress. - FY2020-Q3AdvancedAnnual report
「Industrial plant and equipment construction, which is focused mainly on private-sector plants and machinery, mainly involved small and medium-sized orders in Japan. However, orders for large integrated machinery-and-electrical projects at overseas subsidiaries contributed, and orders significantly exceeded the same quarter of the previous year.」
Large integrated machinery-and-electrical projects at overseas subsidiaries contributed to higher orders in the equipment construction business. - FY2020-Q2AdvancedAnnual report
「Industrial plant and equipment construction, which is focused mainly on private-sector plants and machinery, mainly involved small and medium-sized orders in Japan, where large integrated machinery-and-electrical projects were limited. However, large integrated machinery-and-electrical projects at overseas subsidiaries contributed, and orders significantly exceeded the same quarter of the previous year.」
Large integrated machinery-and-electrical projects at overseas subsidiaries contributed to higher orders in the equipment construction business. - FY2019ReframedAnnual report
「We will work to rebuild the business models of our overseas subsidiaries and promote overseas business expansion through cooperation with those subsidiaries.」
In addition to its existing policy of expanding projects through cooperation with overseas subsidiaries, the company explicitly states that it will rebuild the subsidiaries' business models, revising its approach to strengthening overseas operations. - FY2019-Q3RestatedAnnual report
「During the first-quarter consolidated accounting period, we established Tanabe Technical Service Malaysia and included it in the scope of consolidation. As a result, as of 31 December 2018, the Group consisted of the Company and 4 subsidiaries.」
The company reconfirms the progress of its overseas expansion through the establishment and consolidation of the Malaysian entity, but does not state that a new overseas base was added. - FY2019-Q2RestatedAnnual report
「During the first-quarter consolidated accounting period, we established Tanabe Technical Service Malaysia and included it in the scope of consolidation. As a result, as of 30 September 2018, the Group consisted of the Company and 4 subsidiaries.」
The company reiterates the progress of its overseas expansion through the establishment and consolidation of the Malaysian entity, but does not state that a new overseas base was added in the second quarter. - FY2019-Q1AdvancedAnnual report
「During the first quarter of the fiscal year, the Group established タナベテクニカルサービスマレーシア, and included the company in the scope of consolidation. As a result, as of 30 June 2018, the Group consisted of the Company and 4 subsidiaries.」
As concrete progress in overseas expansion, the company established a Malaysian entity and made it a consolidated subsidiary. - FY2017RestatedAnnual report
「Increase sales at 3 overseas subsidiaries and actively pursue overseas projects in cooperation with the overseas subsidiaries.」
The company reiterates its annual policy of increasing sales at 3 overseas subsidiaries and pursuing overseas projects through cooperation with its subsidiaries. - FY2016First statedAnnual report
「Strengthen overseas operations. (Increase sales at 3 overseas subsidiaries. Work actively on overseas projects in cooperation with overseas subsidiaries.)」
The company has set out to increase sales at 3 overseas subsidiaries and pursue overseas projects in cooperation with those subsidiaries.