Expansion of Overseas Business Using Overseas Group Companies as a Starting Point
First written in FY2018. 4 of 8 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Other".
- FY2024Reorganization of overseas operationsAnnual report
「Established CHUDENKO ASIA PTE. LTD. (dissolved in February 2024)」
Regarding its overseas operating base, the company dissolved CHUDENKO ASIA PTE. LTD. in February 2024, while RYB ENGINEERING PTE LTD established ELEVATE ENGINEERING SOLUTION PTE. LTD. during the current fiscal year. - FY2023AdvancedAnnual report
「SHOWA VIETNAM CO., LTD. has been included in the scope of consolidation from the current fiscal year. ㈱昭和コーポレーション established SHOWA TECH VIETNAM CO., LTD. in Vietnam during the current fiscal year.」
The company consolidated 昭和コーポレーション’s Vietnamese subsidiary SHOWA VIETNAM and further established SHOWA TECH VIETNAM in Vietnam, expanding its overseas operating base. - FY2021AdvancedAnnual report
「The company’s subsidiary, ㈱昭和コーポレーション, owns SHOWA VIETNAM CO., LTD. in Vietnam for the purposes of conducting sales and equipment construction businesses.」
昭和コーポレーション established SHOWA VIETNAM CO., LTD. in Vietnam to conduct sales and equipment construction businesses, expanding its overseas operating footprint. - FY2019RestatedAnnual report
「Although distribution-line construction in the electric power segment declined, net sales increased from the previous fiscal year due mainly to increases in air-conditioning and piping construction in the general segment and in an overseas subsidiary consolidated in the previous fiscal period.」
The company reports the contribution to sales from an overseas subsidiary consolidated in the previous fiscal year and continues to expand operations from overseas Group companies as a base. - FY2019-Q3RestatedAnnual report
「Although air-conditioning and piping work in the general segment and the increase in an overseas subsidiary consolidated in the previous fiscal year contributed to sales, net sales decreased year on year due to a decline in power distribution line construction in the electric power segment and other factors.」
The company states that the increase in an overseas subsidiary consolidated in the previous fiscal year contributed to sales and continues its efforts to expand overseas operations. - FY2019-Q2RestatedAnnual report
「Although sales from an overseas consolidated subsidiary acquired through an M&A transaction conducted last year were added, net sales decreased year on year due to a decline in power distribution line construction in the electric power segment and other factors.」
The company reports the contribution to sales from an overseas consolidated subsidiary acquired through an M&A transaction conducted last year and continues its efforts to expand overseas operations. - FY2019-Q1RestatedAnnual report
「Although sales from an overseas consolidated subsidiary acquired through an M&A transaction conducted last year were added to net sales, net sales fell below the same period of the previous year due to delays in the progress of large-scale construction projects and a decline in power distribution line construction.」
The company reports the contribution to sales from the M&A transaction involving an overseas consolidated subsidiary conducted last year and continues its efforts to expand overseas operations. - FY2018First statedAnnual report
「・Expanding overseas operations from overseas Group companies as a base During the fiscal year, the company established CHUDENKO ASIA Pte. Ltd. and included it in the scope of consolidation. During the fiscal year, CHUDENKO ASIA Pte. Ltd. acquired shares in RYB Engineering Pte. Ltd. and included the company in the scope of consolidation.」
Under its new medium-term management plan, the company set out the expansion of overseas operations from overseas Group companies as a base, establishing a Singapore holding company and acquiring shares in RYB Engineering.