Expanding the procurement business across markets and creating new business models
First written in FY2019. 14 of 19 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AdvancedAnnual report
「The procurement business continued to report higher revenue owing to strong automotive demand from major customers. Segment profit increased on higher revenue.」
The procurement business reported revenue of ¥124,270 million, up 18.9% year on year, and segment profit of ¥3,080 million, up 35.0%, reflecting strong automotive demand from major customers and progress in expanding sales channels. - FY2024-Q3AdvancedAnnual report
「The procurement business reported higher revenue owing to strong automotive demand from major customers. Segment profit increased on higher revenue. As a result, revenue was ¥93,875 million, up 22.8% year on year, and segment profit was ¥2,567 million, up 3.8%.」
As part of the expansion of the procurement business across markets, strong automotive demand from major customers drove revenue up 22.8% year on year and segment profit up 3.8%. - FY2024-Q2AdvancedAnnual report
「The procurement business reported higher revenue as automotive applications performed well and sales channels expanded. Segment profit increased on higher revenue. As a result, revenue was ¥61,341 million, up 35.2% year on year, and segment profit was ¥1,642 million, up 7.2%.」
As part of the expansion of the procurement business across markets, automotive applications performed well and sales channels expanded, increasing revenue and segment profit. - FY2024-Q1AdvancedAnnual report
「The procurement business reported higher revenue as new and existing transactions expanded. Segment profit declined owing to differences in foreign exchange trends. As a result, revenue was ¥30,099 million, up 44.2% year on year, and segment profit was ¥474 million, down 22.4%.」
As part of the expansion of the procurement business across markets, revenue increased 44.2% year on year owing to the expansion of new and existing transactions. Profit declined, however, owing to differences in foreign exchange trends. - FY2023AdvancedAnnual report
「In addition to higher sales to the Panasonic Group, centered on industrial and PC components and automotive-related products, business outside the Panasonic Group also performed well and revenue increased, supported by the acquisition of new customers.」
The procurement business reported revenue of ¥108,632 million and segment profit of ¥2,447 million, supported by sales to Panasonic and the acquisition of new customers outside the Panasonic Group. - FY2023-Q3AdvancedAnnual report
「The procurement business reported higher revenue owing to the expansion of new transactions both with and outside the Panasonic Group. Segment profit increased as lower selling, general and administrative expenses and higher gross profit resulting from the weaker yen more than offset other factors. As a result, revenue was ¥79,794 million, up 30.9% year on year, and segment profit was ¥2,636 million, up 409.0%.」
The procurement business reported higher revenue and profit owing to the expansion of new transactions with and outside the Panasonic Group and lower selling, general and administrative expenses. Segment profit increased 409.0% year on year. - FY2023-Q2AdvancedAnnual report
「The procurement business reported higher revenue as sales to the Panasonic Group remained solid and new transactions outside the Panasonic Group also contributed. Segment profit increased owing in part to the weaker yen. As a result, revenue was ¥47,640 million, up 20.4% year on year, and segment profit was ¥1,666 million, up 590.3%.」
In addition to sales to Panasonic, new transactions contributed to higher revenue in the procurement business. Segment profit also increased 590.3% year on year. - FY2023-Q1AdvancedAnnual report
「The procurement business reported higher revenue as sales to the Panasonic Group remained solid and new transactions outside the Panasonic Group grew. Segment profit increased as improvements in gross profit and the control of selling, general and administrative expenses proved effective. As a result, revenue was ¥21,905 million, up 9.7% year on year, and segment profit was ¥661 million, up 256.3%.」
In addition to sales to Panasonic, new transactions elsewhere grew, increasing revenue and segment profit. The company also reported specific progress in improving gross profit and controlling selling, general and administrative expenses. - FY2022-Q3AdvancedAnnual report
「As a result, revenue was ¥63,049 million, up 21.2% year on year, and segment profit was ¥517 million. The company will continue to work to expand value-added services in its procurement capabilities and secure orders for new projects.」
The procurement business turned from a segment loss in the previous year into a profit of ¥517 million, identifying the expansion of value-added services and the acquisition of new projects as future initiatives. - FY2022-Q2AdvancedAnnual report
「Going forward, the company will work to expand the value added by its procurement capabilities and secure orders for new projects.」
For the procurement business, the company has identified expanding the value added by its procurement capabilities and securing new projects as future initiatives. Revenue increased 21.3% year on year, and segment profit turned from a loss into a profit of ¥241 million. - FY2022-Q1AdvancedAnnual report
「Going forward, the company will seek to roll out the procurement business model developed through its work with Panasonic Corporation to other companies and expand the value added by its procurement capabilities.」
The company has set out specific plans to roll out to other companies the model developed through its work with Panasonic and increase the value added by its procurement capabilities. - FY2021RestatedAnnual report
「In the procurement business, sales to the Panasonic Group remained solid and materials for automotive applications increased from the middle of the third quarter of the current fiscal year, but revenue declined owing to development delays in new transactions and production adjustments. Segment profit or loss declined, primarily owing to foreign exchange effects.」
Although sales to Panasonic and automotive-related materials remained solid, development delays in new transactions, production adjustments and foreign exchange effects resulted in procurement business revenue of ¥72,044 million and a segment loss of ¥127 million. - FY2021-Q3WorsenedAnnual report
「In the procurement business, revenue declined owing to lower customer production and development delays in new transactions. Although gross profit improved, the decline in revenue had a significant impact, resulting in lower segment profit. Going forward, the company expects demand from major customers to recover and will promote various initiatives to further expand its procurement capabilities.」
Owing to lower customer production and development delays in new transactions, the procurement business reported revenue down 9.1% year on year, while segment profit deteriorated from ¥332 million to a loss of ¥158 million. - FY2021-Q2WorsenedAnnual report
「In the procurement business, revenue declined owing in part to the impact of production and sales adjustments by major customers. Although the company worked to improve gross profit, segment profit declined owing to factors including the decrease in revenue. Going forward, it aims to recover sales, expand its customer base, improve operating efficiency and strengthen synergies among businesses.」
The procurement business reported lower revenue and profit owing to production and sales adjustments by major customers. Future measures include recovering sales, expanding the customer base, improving operating efficiency and strengthening synergies among businesses. - FY2021-Q1WorsenedAnnual report
「In the procurement business, revenue declined owing to the impact of adjustments to production and sales and delays in launching new procurement businesses. Segment profit also declined. Going forward, the company will seek to increase sales by building a highly efficient supply chain and will expand new supply chain management schemes through collaboration with external partners.」
The procurement business reported lower revenue and profit owing to production and sales adjustments and delays in launching new procurement businesses, while identifying a highly efficient supply chain and new schemes developed with external partners as future initiatives. - FY2020-Q3AdvancedAnnual report
「In the procurement business, revenue continued to increase substantially, supported by an increase in automotive and PC-related materials handled through expanded collaboration with the Panasonic Group and by the expansion of transactions with major PC manufacturers in Hong Kong. Segment profit also increased on higher revenue and other factors. For the next fiscal year, the company is promoting further expansion of collaboration with Panasonic and the acquisition of new external sales projects.」
The procurement business reported revenue of ¥57,207 million, up 40.8% year on year, and segment profit of ¥417 million, up 13.8%. The company is working toward the next fiscal year to expand collaboration with Panasonic and acquire new external sales projects. - FY2020-Q2AdvancedAnnual report
「Sales increased substantially, supported by an increase in materials handled for automotive and PC applications through stronger collaboration with the Panasonic Group, as well as sales to major PC manufacturers through a joint venture with the Taiwan-headquartered WPG Group, one of the world's largest semiconductor distributors. Segment profit declined slightly, owing in part to the yen's appreciation that began during the cumulative second quarter of the current fiscal year. The company has also launched new initiatives, including expansion to new customers and more efficient common operations, by pursuing coordination with the device business following the management integration.」
The procurement business reported revenue of ¥38,053 million, up 42.1% year on year. The company is making concrete progress in collaboration with the Panasonic Group, sales to major PC manufacturers through a joint venture with the WPG Group, and coordination with the device business following the integration. - FY2020-Q1AdvancedAnnual report
「In addition to increasing the materials handled for automotive, PC and motor applications through stronger collaboration with the Panasonic Group, business with major PC manufacturers through a joint venture with the WPG Group remained solid. The company has also launched new initiatives, including expansion to new customers and more efficient common operations, by pursuing coordination with the device business following the management integration.」
For expansion of the procurement business across markets, the company has begun specific initiatives, including stronger collaboration with suppliers, transactions with major PC manufacturers through a joint venture, and coordination with the device business following the integration. - FY2019First statedAnnual report
「Procurement business Procurement Accelerating expansion of the business across markets and creating new business models」
Following the management integration, the key priorities for the procurement business are accelerating the expansion of existing businesses across markets and creating new business models.