Weak performance at overseas subsidiaries due to worsening economic conditions in Brazil
First written in FY2017-Q1. 8 of 20 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2021: 3 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「In the yarn business, domestic sales for innerwear and other applications were broadly in line with the same period of the previous year, while sales at the Brazilian and Thai subsidiaries remained solid, resulting in higher revenue.」
The Brazilian subsidiary changed from the poor performance caused by deteriorating market conditions reported in the previous period to solid sales, contributing to higher revenue in the yarn business. - FY2024-Q3WorsenedAnnual report
「In the yarn business, high-performance products such as NaTech, which uses raw-material modification technology, performed well in the innerwear market. However, the Brazilian subsidiary performed poorly due to deteriorating market conditions, while orders declined for denim at the Thai subsidiary and for innerwear and hosiery at the Indonesian subsidiary, resulting in lower revenue.」
The Brazilian subsidiary performed poorly due to deteriorating market conditions, changing from the previous descriptions of recovery and solid performance to a deterioration. - FY2024-Q1MitigatedAnnual report
「In flexible polyurethane foam for automotive interior materials, the Chinese subsidiary performed poorly, but strong orders at the domestic and Brazilian subsidiaries resulted in higher revenue.」
The company states that orders at the Brazilian subsidiary changed from their previous weakness to a strong level, contributing to higher revenue. - FY2022MitigatedAnnual report
「The yarn business performed well as orders recovered at the domestic and overseas subsidiaries, particularly in Brazil.」
Orders for yarn at the overseas subsidiaries, including Brazil, which had previously been described as weak, recovered, and the business was described as performing well. - FY2021-Q1WorsenedAnnual report
「Overseas subsidiaries reported lower revenue as sales of spun yarn increased in Indonesia, but orders declined in Brazil and Thailand.」
In addition to the Brazilian subsidiary, orders at the Thai subsidiary also declined, resulting in lower revenue for the overseas subsidiaries. Sales of spun yarn increased in Indonesia. - FY2020MitigatedAnnual report
「In the automotive sector, the Brazilian subsidiary improved its performance, but sales of flexible polyurethane foam for interior materials at the domestic and Chinese subsidiaries were weak, resulting in lower revenue.」
The Brazilian subsidiary, which had previously performed poorly, was reported to have improved its results. Meanwhile, weak performance at the domestic and Chinese subsidiaries continues. - FY2020-Q3RestatedAnnual report
「Overseas subsidiaries reported lower revenue as orders declined in Thailand and China.」
Declining orders at the Thai and Chinese subsidiaries and lower revenue at the overseas subsidiaries continue. - FY2020-Q2RestatedAnnual report
「Overseas subsidiaries reported lower revenue as orders declined in Thailand and China.」
Declining orders and lower revenue at the Thai and Chinese subsidiaries, which became the focus in the previous quarter, continue. - FY2020-Q1ReframedAnnual report
「Overseas subsidiaries reported lower revenue as orders declined in Thailand and China.」
The focus in the textile business has shifted from the previous description of weak performance in Brazil and Southeast Asia to declining orders in Thailand and China. - FY2019-Q3RestatedAnnual report
「Among the overseas subsidiaries, China performed well, but Southeast Asia and Brazil performed poorly, resulting in lower revenue.」
The poor performance and lower revenue of the Southeast Asian and Brazilian operations, including Brazil, which had been described as being on a recovery trend in the previous period, continue. - FY2019-Q2WorsenedAnnual report
「Among the overseas subsidiaries, China performed well, but Southeast Asia and Brazil performed poorly, resulting in lower revenue.」
The overseas subsidiaries in Southeast Asia and Brazil, including Brazil, which had been described as being on a recovery trend in the previous period, performed poorly, resulting in lower revenue. - FY2019-Q1WorsenedAnnual report
「Among the overseas subsidiaries, China performed well, but Southeast Asia and Brazil performed poorly, resulting in lower revenue.」
The overseas subsidiaries in Southeast Asia and Brazil, including Brazil, which had been described as being on a recovery trend in the previous period, performed poorly. - FY2018RestatedAnnual report
「Among the overseas subsidiaries, Southeast Asia performed well, while Brazil was also on a recovery trend, resulting in higher revenue.」
The company continues to describe the Brazilian subsidiary as being on a recovery trend and contributing to higher revenue. - FY2018-Q3RestatedAnnual report
「Among the overseas subsidiaries, Southeast Asia performed well, while Brazil was also on a recovery trend, resulting in higher revenue.」
The explanation from the previous quarter that the Brazilian subsidiary had changed from weak performance to a recovery trend continues. - FY2018-Q2MitigatedAnnual report
「Among the overseas subsidiaries, Southeast Asia performed solidly in both exports and domestic sales, while Brazil was on a recovery trend, resulting in higher revenue.」
The Brazilian subsidiary has changed from its previous weak performance to a recovery trend, and overseas subsidiaries reported higher revenue. - FY2018-Q1MitigatedAnnual report
「Among the overseas subsidiaries, Southeast Asia performed well in both exports and domestic sales, while Brazil also recovered, resulting in higher revenue.」
The Brazilian subsidiary has changed from its previous weak performance to a recovery in results and higher revenue. - FY2017RestatedAnnual report
「In terms of profit, some improvement was seen in Southeast Asia, but Brazil performed poorly due to weak economic conditions.」
The regional disparity between the Brazilian subsidiary's poor performance and partial improvement in Southeast Asia continues. - FY2017-Q3RestatedAnnual report
「In terms of profit, some improvement was seen in Southeast Asia, but Brazil performed poorly due to the impact of worsening economic conditions and other factors.」
The Brazilian subsidiary's poor performance continues. - FY2017-Q2RestatedAnnual report
「Among the overseas subsidiaries, some improvement was seen in Southeast Asia in terms of profitability, but Brazil performed poorly due to the impact of worsening economic conditions and other factors.」
The Brazilian subsidiary's poor performance continues. - FY2017-Q1First statedAnnual report
「Among the overseas subsidiaries, some improvement was seen in Southeast Asia in terms of profitability, but Brazil performed poorly due to the impact of worsening economic conditions and other factors.」
The deterioration of the overseas economic environment is reflected in the poor performance of the Brazilian subsidiary.