Growth and sales network development in overseas markets

「February 2026: Established the consolidated subsidiary COMINIX CANADA INC. in Ontario as a sales base in Canada.」

「Revenue increased to ¥3,702 million, up 5.7% from the previous interim consolidated accounting period, while segment profit fell to ¥15 million, down 87.0%, resulting in higher revenue and lower profit. Although market development in India and North America, both growth markets, progressed steadily, sales increased only slightly against the backdrop of the continuing slowdown in China's economy. Profit declined because tariffs lowered gross margins in North America and Mexico, and the yen was relatively stronger against the US dollar during the interim consolidated accounting period.」

「Revenue increased to ¥3,502 million, up 5.5% from the previous interim consolidated accounting period, and segment profit increased to ¥116 million, up 88.7%, resulting in higher revenue and profit. The main factors were the weaker yen, steady progress in further developing markets in India and North America, both growth markets, and the effects of initiatives such as cost reductions in response to the economic slowdown in China.」

「Specifically, the company actively pursued initiatives to improve customer productivity, positioning its transformation from a specialist cutting tools trading company to a specialist trading company for manufacturing as a key objective. These initiatives included developing the EV industry and high-growth markets such as India, and expanding sales of machine tools through the Machinery Sales Division.」

「Revenue increased to ¥5,414 million, up 0.4% year on year, while segment profit fell to ¥178 million, down 48.9%, resulting in higher revenue and lower profit. The main factors were the weaker yen and strong sales in some countries of operation, including India, a growth market, as well as sales of mineral resources such as tungsten. However, these were insufficient to offset the prolonged economic downturn in China, one of the company's principal countries of operation.」

「The main factor was that, although orders remained strong in some countries of operation, including India, where growth is expected, amid a global economic slowdown caused by uncertainty in the international situation, this was insufficient to offset the impact of the economic downturn in China, one of the company's principal countries of operation.」

「In the overseas business, although the outlook remained uncertain due to the disruption following the removal of China's zero-COVID policy and US-China trade friction, the Group's accelerated global expansion resulted in solid revenue and segment profit, particularly in China and the United States, helped by the weaker yen. As a result, revenue increased to ¥7,345 million, up 30.8% from the previous consolidated fiscal year, and segment profit increased to ¥442 million, up 51.7%, resulting in higher revenue and profit.」

「In the overseas business, although risks of a slowdown in industrial production remained due to a sharp increase in infections following China's shift away from its zero-COVID policy, the Group's accelerated global expansion led to solid performance, particularly in China and the United States, with the weaker yen also providing support. As a result, revenue increased to ¥5,393 million, up 34.0% year on year, and segment profit increased to ¥348 million, up 47.8%, resulting in higher revenue and profit.」

「In the overseas business, orders expanded in China and the United States as the Cominix Group accelerated its global expansion, helped in particular by the recovery following the easing of movement restrictions in China and the weaker yen. As a result, revenue increased to ¥3,432 million, up 28.6% year on year, and segment profit increased to ¥207 million, up 27.9%, resulting in higher revenue and profit.」

「広州加茂川国際貿易有限公司 was made a subsidiary through the acquisition of its shares during the third quarter of the consolidated fiscal year under review and has therefore been included in the scope of consolidation.」

「広州加茂川国際貿易 is a company headquartered in Guangzhou, Guangdong Province, China, with another sales location in Pinghu, Zhejiang Province. It operates a comprehensive wholesale business for production goods, mainly machinery and tools, and has established a solid track record and trusted relationships with business partners in the area.」

「The company believes that acquiring the shares of this company will create synergies between its strong sales capabilities and extensive product lineup and the target company's customer base, which includes leading business partners in Japan and North America.」

「In overseas markets, the company accelerated its global expansion by expanding sales locations, including establishing new local subsidiaries outside the bonded zone in the Philippines and in Russia.」

「In the overseas business, the company pursued initiatives to accelerate its global expansion, including opening the Bandung office in Indonesia as a new sales location in October 2019.」

「In the overseas business, the company pursued initiatives to accelerate its global expansion, including expanding its workforce and opening the Nimrana office in India in July. However, revenue and segment profit remained weak, mainly because demand related to the automotive industry declined in Asia and North America due to the prolonged US-China trade friction.」

「May 2019: Established the consolidated subsidiary COMINIX TRADING PHILIPPINES, INC. in Santa Rosa City as a sales base in the Philippines.」

「As a new base in Mexico, the Mexican subsidiary opened a sales office in Querétaro, while the Cominix Mongolia Representative Office was opened as a base for the mineral resources business.」

「In the overseas business, revenue and segment profit remained solid as sales to the automotive and machine tool industries increased in China, Mexico and Thailand amid continued economic expansion in the United States, China and other countries.」

「Under these policies, during the fiscal year under review, the company expanded its sales locations through its Chinese subsidiary in the overseas market.」

「The company actively pursued growth initiatives, including handling new products, leveraging technical centers and expanding overseas sales locations.」

「Against this backdrop, our group actively pursued initiatives to expand future growth areas through the development of new customers in Japan and overseas.」

「The company actively pursued initiatives to expand future growth areas by commencing sales activities at its US subsidiary, COMINIX U.S.A., INC., established in March 2016, opening the Nagano sales office in Japan in July 2016, and developing new domestic and overseas customers.」

「The company actively pursued initiatives to expand future growth areas by commencing sales activities at its US subsidiary, COMINIX U.S.A., INC., established in March 2016, developing new domestic and overseas customers, and providing employee training.」

「The company expects growth to continue in overseas markets and will pursue the development of sales networks in China, Southeast Asian countries, Mexico and the United States as a primary management strategy.」