Establishing a Delhi base to enter the Indian market and expand the global business
First written in FY2019. 8 of 17 entries say "Worsened", first in FY2021-Q1. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025MitigatedAnnual report
「As a result, revenue for Other was ¥33.885 million, up 70.5% year on year, and the segment loss was ¥4.012 million (a segment loss of ¥10.753 million in the previous fiscal year).」
The Other businesses, including the India branch and overseas projects, recorded higher revenue and a smaller segment loss than in the previous fiscal year. A breakdown for the India branch alone was not disclosed. - FY2025-H1WorsenedAnnual report
「As a result, revenue for Other for the current interim accounting period was — thousand yen (¥489 thousand in the same period of the previous year), and the segment loss was ¥8.936 million (a segment loss of ¥8.241 million in the same period of the previous year).」
Revenue from the Other businesses, including the India branch, fell from ¥489 thousand in the same period of the previous year to nil, while the segment loss increased from ¥8.241 million to ¥8.936 million. - FY2024MitigatedAnnual report
「As a result, revenue for Other for the current fiscal year was ¥19.879 million, and the segment loss was ¥10.753 million.」
The Other businesses, including the India branch, generated revenue of ¥19.879 million and a segment loss of ¥10.753 million, compared with zero revenue and a segment loss of ¥17.2 million in the previous fiscal year, owing to the acceptance inspection of overseas projects that had been prolonged. - FY2024-Q3WorsenedAnnual report
「The India branch continued to develop an engineer placement and recruitment business to identify outstanding Indian IT students and dispatch and introduce them to Japanese companies, as well as an ITI (India Technical Import) business to support companies with advanced Indian IT technologies in entering the Japanese market. Revenue for Other for the third quarter cumulative period was ¥489 thousand, and the segment loss was ¥13.284 million.」
The India branch continued its personnel placement and recruitment and ITI businesses, but revenue for the third quarter cumulative period was only ¥489 thousand, and the segment loss was ¥13.284 million. - FY2024-Q2WorsenedAnnual report
「The India branch continued to develop an engineer placement and recruitment business to identify outstanding Indian IT students and dispatch and introduce them to Japanese companies, as well as an ITI (India Technical Import) business to support companies with advanced Indian IT technologies in entering the Japanese market. Revenue for Other for the second quarter cumulative period was ¥489 thousand, and the segment loss was ¥8.241 million.」
The India branch continued to develop its personnel placement and recruitment and ITI businesses, but revenue for the second quarter cumulative period was only ¥489 thousand, and the segment loss was ¥8.241 million. The loss increased from ¥4.771 million in the first quarter cumulative period of the previous fiscal year. - FY2024-Q1MitigatedAnnual report
「Revenue for Other for the first quarter of the current cumulative period was — thousand yen, and the segment loss was ¥3.958 million.」
Although the Other businesses, including the India branch, continued to generate no revenue, the segment loss was ¥3.958 million for the first quarter cumulative period, compared with ¥17.2 million for the previous full fiscal year. - FY2023MitigatedAnnual report
「As a result, revenue for Other for the current consolidated fiscal year was — thousand yen (— thousand yen in the previous fiscal year), and the segment loss was ¥17.2 million (a segment loss of ¥17.291 million in the previous fiscal year).」
The India branch continued to generate no revenue, while the segment loss narrowed slightly from ¥17.291 million to ¥17.2 million. - FY2023-Q3WorsenedAnnual report
「The India branch focused on marketing activities with a view to developing an engineer placement and recruitment business to identify outstanding Indian IT students and dispatch and introduce them to Japanese companies, as well as an ITI (India Technical Import) business to support companies with advanced Indian IT technologies in entering the Japanese market. As a result, revenue for Other for the third quarter of the current consolidated cumulative period was — thousand yen (— thousand yen in the same period of the previous year), and the segment loss was ¥13.325 million (a segment loss of ¥12.973 million in the same period of the previous year).」
Although marketing activities for the Indian personnel placement and recruitment and ITI businesses continued, revenue remained nil and the segment loss increased from ¥12.973 million in the same period of the previous year to ¥13.325 million. - FY2023-Q2WorsenedAnnual report
「The India branch focused on marketing activities with a view to developing an engineer placement and recruitment business to identify outstanding Indian IT students and dispatch and introduce them to Japanese companies, as well as an ITI (India Technical Import) business to support companies with advanced Indian IT technologies in entering the Japanese market. As a result, revenue for Other for the second quarter of the current consolidated cumulative period was — thousand yen (— thousand yen in the same period of the previous year), and the segment loss was ¥9.039 million (a segment loss of ¥8.412 million in the same period of the previous year).」
Although marketing activities for the Indian personnel placement and recruitment and ITI businesses continued, revenue remained nil and the segment loss increased from ¥8.412 million in the same period of the previous year to ¥9.039 million. - FY2023-Q1WorsenedAnnual report
「The India branch focused on marketing activities with a view to developing an engineer placement and recruitment business to identify outstanding Indian IT students and dispatch and introduce them to Japanese companies, as well as an ITI (India Technical Import) business to support companies with advanced Indian IT technologies in entering the Japanese market. As a result, revenue for Other for the first quarter of the current consolidated cumulative period was — thousand yen (— thousand yen in the same period of the previous year), and the segment loss was ¥4.771 million (a segment loss of ¥3.992 million in the same period of the previous year).」
Although the India business continued marketing for its personnel placement and recruitment and ITI businesses, it generated no revenue in the quarter, and the segment loss increased from the same period of the previous year. - FY2022WorsenedAnnual report
「As a result, revenue for Other for the current consolidated fiscal year was — thousand yen (¥198 thousand in the previous fiscal year), and the segment loss was ¥17.291 million (a segment loss of ¥12.599 million in the previous fiscal year).」
Although the company advanced marketing activities for its India business, full-year revenue was nil and the segment loss increased from ¥12.599 million to ¥17.291 million. - FY2022-Q2AdvancedAnnual report
「During the second quarter of the current consolidated cumulative period, the lockdown in India was gradually lifted from June, and sales activities were resumed in stages. The company focused on marketing activities with a view to developing an engineer placement and recruitment business to identify outstanding Indian IT students and dispatch and introduce them to Japanese companies, as well as an ITI (India Technical Import) business to support companies with advanced Indian IT technologies in entering the Japanese market.」
Following the lifting of the lockdown in India, the company resumed sales activities and advanced marketing for an Indian IT personnel placement and recruitment business and the ITI business supporting Indian companies’ entry into the Japanese market. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, sales activities could not be conducted in India because of the lockdown, so the company focused on marketing activities.」
In India, sales activities remained suspended because of the lockdown, and the company focused on marketing activities. - FY2021-Q1WorsenedAnnual report
「India’s lockdown has been prolonged following the spread of COVID-19, and business overall has tended to stagnate. The company has nevertheless continued sales activities for GAIT, an online IT assessment test.」
Although business overall in India tended to stagnate as a result of the prolonged lockdown, sales activities for GAIT, which can be delivered online, continued. - FY2020AdvancedAnnual report
「③ Challenge of global business: In India, the company aims to establish a business model.」
Following the opening of the India branch, the company organized its global business objective in the medium-term plan as establishing a business model in India, progressing from the establishment of a base. - FY2020-Q2RestatedAnnual report
「This is an Other business category covering activities not included in ① through ⑤, including the India branch division.」
The India branch division continues to be included in the Group’s business segments. - FY2019First statedAnnual report
「In the global business field, the company prepared to establish a base in Delhi to expand its business in India. (The Delhi branch was opened on 24 April 2019.)」
The company prepared to establish a Delhi base for business expansion in India and, as of the filing date, stated that the branch would open on 24 April 2019.