Expansion of overseas sales and profit

「Overseas operations generated revenue of ¥8,983 million, up 23.2% from the previous consolidated fiscal year, and segment profit of ¥161 million, down 16.3%, resulting in higher revenue but lower profit.」

「売上高は8,983百万円（前連結会計年度比23.2％増）、セグメント利益は161百万円（前連結会計年度比16.3％減）と増収減益となりました。」

「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.」

「Overseas operations generated revenue of ¥7,291 million, down 1.2% from the previous consolidated fiscal year, and segment profit of ¥192 million, down 32.2%, resulting in lower revenue and profit.」

「Revenue was ¥3,502 million, up 5.5% from the previous interim consolidated accounting period, while segment profit was ¥116 million, up 88.7%, resulting in higher revenue and profit.」

「Overseas operations generated revenue of ¥7,380 million, up 0.5% from the previous consolidated fiscal year, and segment profit of ¥284 million, down 35.8%, resulting in higher revenue but lower profit.」

「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.」

「Revenue was ¥3,318 million, down 3.3% year on year, while segment profit was ¥61 million, down 70.3%, resulting in lower revenue and profit. The main factor was that, although orders remained strong in some countries where the Company operates, including India, where growth and expansion are expected, amid a global economic slowdown caused by uncertainty over the international situation and other factors, this was insufficient to absorb the impact of the economic downturn in China, one of the Company's main operating countries.」

「Net sales were ¥1,590 million, down 4.1% year on year, and segment profit was ¥18 million, down 78.2%, resulting in lower sales and profit.」

「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.」

「In the overseas business, although activity restrictions and uncertainty surrounding the international situation over Ukraine remained worldwide, demand expanded mainly in the US and China, where the Company operates, and the weaker yen also contributed. As a result, net sales were ¥1,659 million, up 28.6% year on year, and segment profit was ¥84 million, up 25.6%.」

「In the overseas business, although tighter activity restrictions due to the rapid spread of COVID-19 and uncertainty surrounding the international situation over Ukraine remained, performance was firm in most countries where the Company operates, led by the US, where business sentiment was recovering, and China, where demand for tools was expanding on higher automobile sales and capital investment. As a result, net sales were ¥5,617 million, up 43.7% year on year, and segment profit was ¥293 million, compared with segment loss of ¥108 million in the previous fiscal year.」

「In the overseas business, concerns remained regarding supply disruptions in response to increased demand accompanying the resumption of economic activity, rising and prolonged inflationary pressure, labor shortages and other factors. However, demand expanded in most of the countries where we operate, including China and the United States. As a result, sales were ¥4,024 million, up 49.0% year on year, and segment profit was ¥237 million, compared with a segment loss of ¥127 million in the same period of the previous year.」

「In the overseas business, concerns remained regarding prolonged US-China trade friction and shortages of semiconductors and other materials. However, the global economic recovery, led by China and the United States, continued, and demand expanded in most of the countries where we operate. As a result, sales were ¥2,670 million, up 53.0% year on year, and segment profit was ¥163 million, compared with a segment loss of ¥86 million in the same period of the previous year.」

「In the overseas business, the external environment remained firm as vaccination programs progressed worldwide, the US economy showed clear signs of recovery due to large-scale additional government stimulus, and China's economy recovered rapidly. Demand expanded in most of the countries where the Company operates, resulting in net sales of ¥1,290 million, up 36.4% year on year, and segment profit of ¥68 million, compared with a segment loss of ¥46 million in the same quarter of the previous year.」

「In the overseas business, performance was showing signs of recovery, supported by economic measures in China, one of the Company's key markets, and a recovery in external demand. However, the recovery could not offset the decline in sales caused by weak markets in various countries during the first half due to COVID-19, leaving net sales and segment profit weak. As a result, net sales were ¥2,701 million, down 25.8% year on year, and the segment loss was ¥127 million, compared with segment profit of ¥43 million in the same quarter of the previous year.」

「In the overseas business, sales and segment profit remained sluggish mainly because the countries where we operate were substantially affected by COVID-19. As a result, sales were ¥1,745 million, down 25.1% year on year, and the segment loss was ¥86 million, compared with segment profit of ¥8 million in the same period of the previous year.」

「In the overseas business, net sales and segment profit remained weak, primarily due to the substantial impact of COVID-19 in countries around the world where the Company operates. As a result, net sales were ¥946 million, down 18.3% year on year, and the segment loss was ¥46 million, compared with a segment loss of ¥0.2 million in the same quarter of the previous year.」

「In the overseas business, the Company accelerated its global expansion by expanding its sales network, including establishing new local subsidiaries outside the Philippine bonded zone and in Russia. However, net sales and segment profit remained weak, as sales at local subsidiaries lagged the previous fiscal year, primarily because US-China trade friction reduced China's exports to the US and reduced production by major customers. As a result, net sales were ¥4,834 million, down 6.6% year on year, and segment profit was ¥28 million, down 79.8%.」

「In the overseas business, the Company accelerated its global expansion by opening a sales office in Bandung, Indonesia, in October 2019. However, net sales and segment profit remained weak, primarily because US-China trade friction reduced China's exports to the US and reduced production by major customers. As a result, net sales were ¥3,638 million, down 5.3% year on year, and segment profit was ¥43 million, down 61.1%.」

「In the overseas business, we pursued initiatives to accelerate global expansion, including expanding our workforce and opening a new location in India, the Neemrana office, in July. However, sales and segment profit remained sluggish, mainly because automotive-related demand declined in Asia and North America due to the prolonged US-China trade friction and other factors. As a result, sales were ¥2,331 million, down 7.8% year on year, and segment profit was ¥8 million, down 87.6%.」

「In the overseas business, net sales and segment profit remained weak, primarily due to the impact of US-China trade friction, including a substantial decline in automotive-industry sales by the local subsidiary in China, one of the business's key markets. As a result, net sales were ¥1,157 million, down 9.5% year on year, and the segment loss was ¥0.2 million, compared with segment profit of ¥48 million in the same quarter of the previous year.」

「In the overseas business, the Company advanced its global expansion by opening a sales office in Queretaro, Mexico, and a representative office in Mongolia serving as a base for the mineral resources business. In terms of performance, sales to the automotive and machine-tool industries in China, Mexico and Thailand increased against a backdrop of continued strength in the global economy, resulting in steady net sales and segment profit. As a result, net sales were ¥5,173 million, up 11.7% year on year, and segment profit was ¥141 million, up 124.9%.」

「In the overseas business, although the global economy was slowing mainly due to trade friction, performance remained firm, with sales in all countries where the Company operates exceeding the results for the same quarter of the previous year, while sales of the new mineral resources business also gradually increased. As a result, net sales were ¥3,842 million, up 14.0% year on year, and segment profit was ¥110 million, up 84.9%.」

「In the overseas business, although trade friction required close monitoring, the global economy, including the US economy, remained firm, and sales to the automotive and machine-tool industries in China, Mexico and Thailand increased. As a result, net sales were ¥2,528 million, up 12.4% year on year, and segment profit was ¥63 million, up 30.7%.」

「As a result, net sales were ¥1,279 million, up 11.0% year on year, and segment profit was ¥48 million, up 103.3%.」

「As a result, net sales were ¥4,631 million, up 26.3% year on year, and segment profit was ¥63 million, compared with a segment loss of ¥43 million in the previous fiscal year.」

「As a result, net sales were ¥3,370 million, up 25.7% year on year, and segment profit was ¥60 million, compared with a segment loss of ¥34 million in the same quarter of the previous year.」

「In the overseas business, against a backdrop of recovery and expansion in the global economy, sales to certain major automotive-industry customers in China and Mexico increased from the same quarter of the previous year, resulting in steady net sales and segment profit. As a result, net sales were ¥2,248 million, up 25.9% year on year, and segment profit was ¥49 million, compared with a segment loss of ¥41 million in the same quarter of the previous year.」

「In the overseas business, sales to major automotive-industry customers in China and Mexico increased from the same quarter of the previous year, resulting in steady net sales and segment profit. As a result, net sales were ¥1,152 million, up 26.7% year on year, and segment profit was ¥23 million, compared with a segment loss of ¥13 million in the same quarter of the previous year.」

「As a result, net sales were ¥3,668 million, down 7.6% year on year, and the segment loss was ¥43 million, compared with segment profit of ¥108 million in the previous fiscal year.」

「As a result, net sales were ¥1,786 million, down 3.5% year on year, and the segment loss was ¥41 million, compared with segment profit of ¥54 million in the same quarter of the previous year.」

「In the overseas business, sales by the consolidated subsidiary in Thailand to the can-manufacturing industry were strong, but the consolidated subsidiary in China performed poorly compared with the same quarter of the previous year, resulting in a segment loss.」

「In the overseas business, sales to the automotive industry by the consolidated subsidiary in Mexico were strong, resulting in steady net sales and segment profit. As a result, net sales were ¥3,971 million, up 28.7% year on year, and segment profit was ¥108 million, up 133.1%.」