Expanding overseas sales channels and pursuing an international product strategy
First written in FY2016. 14 of 25 entries say "Restated". Latest entry: FY2025-H1.
13 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「Sales to Southeast Asia were sluggish due to an economic slowdown and persistently high interest rates on auto loans, but export volumes increased in newly developed markets. As a result, partly due to the stronger US dollar, revenue was ¥1,311 million, up ¥196 million, or 17.6%, from the previous interim consolidated accounting period, while operating profit was ¥129 million, up ¥19 million, or 17.7%.」
Despite factors weighing on sales to Southeast Asia, export volumes increased in newly developed markets, contributing to higher revenue and profit in overseas sales, including the mat business. - FY2024AdvancedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and India.」
The company continued to include India among the regions covered by its overseas sales channels and reported growing sales of products for new overseas customers and BEVs. - FY2024-Q3AdvancedAnnual report
「Sales of automotive floor mats increased in both Japan and overseas as shipment volumes benefited from the recovery in vehicle production accompanying the normalization of supply chains. Overseas sales to new customers increased, and the stronger dollar also contributed to higher revenue and profit. As a result, revenue was ¥1,786 million, an increase of ¥509 million, or 40.0%, from the same quarter of the previous year, and operating profit was ¥205 million, an increase of ¥153 million, or 298.2%.」
The company increased sales to new overseas customers and achieved higher revenue and profit in the mat business as shipment volumes increased both domestically and overseas. - FY2024-Q2AdvancedAnnual report
「The Mat Division advanced product development with new business partners, mainly overseas, in addition to existing customers. Overseas sales grew in both revenue and profit as the company developed new customers, with the stronger US dollar also contributing. As a result, revenue was ¥1,115 million, up ¥322 million, or 40.6%, from the same quarter of the previous year, while operating profit was ¥109 million, up ¥101 million, or 1169.2%.」
The company advanced product development with new business partners and developed new customers, mainly overseas, resulting in higher revenue and profit from overseas sales in the mat business. - FY2024-Q1AdvancedAnnual report
「Overseas sales remained strong due to the acquisition of new customers and the impact of the stronger US dollar.」
The mat business acquired new overseas customers, marking progress in expanding overseas sales channels. - FY2023AdvancedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and India.」
India was added to the regions covered by the company’s overseas sales channels, and overseas sales grew as the company acquired new customers and increased shipment volumes. - FY2023-Q3AdvancedAnnual report
「Domestic sales of automotive floor mats declined in revenue as selling prices fell, although automakers were showing signs of recovery. Overseas sales increased in both shipments and revenue and profit as the company developed new sales channels. As a result, revenue was ¥1,276 million, an increase of ¥216 million, or 20.4%, from the same quarter of the previous year, and operating profit was ¥51 million, an increase of ¥50 million from the same quarter of the previous year, compared with operating profit of ¥0 million.」
The company developed new overseas sales channels and increased shipment volumes, resulting in higher revenue and profit. - FY2023-Q2AdvancedAnnual report
「Domestic sales of automotive floor mats declined in both revenue and profit due to reduced production by automakers, while overseas sales increased in both revenue and profit as the company developed new sales channels and increased shipment volumes.」
The company developed new overseas sales channels and increased shipment volumes, resulting in higher revenue and profit. The company reported concrete progress in expanding overseas sales channels. - FY2021RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company continued expanding overseas sales channels originating in Thailand, using overseas information in product development, and pursuing its overseas product strategy. - FY2020-Q3AdvancedAnnual report
「Sahakit Wisarn Co., LTD., the company’s consolidated subsidiary, concluded a joint venture agreement with PCP Technologies Private Limited. on 29 October 2018 and registered the establishment of the joint venture on 21 May 2019. On 22 October 2019, payment of the capital contribution was completed as follows.」
As a concrete development in overseas sales channels and product strategy, payment of the capital contribution to a joint venture established as a business base in the Indian market was completed. The joint venture manufactures and sells automotive floor mats, with Sahakit Wisarn Co., LTD. and PCP Technologies Private Limited. each holding a 50% stake. - FY2020-Q2RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated the expansion of overseas sales channels originating in Thailand, the use of overseas information in product development, and the pursuit of an overseas product strategy. - FY2020-Q1RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reconfirmed the expansion of overseas sales channels originating in Thailand, the use of overseas information in product development, and the pursuit of an overseas product strategy. - FY2019RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reconfirmed the expansion of overseas sales channels originating in Thailand, the use of overseas information in product development, and the pursuit of an overseas product strategy. - FY2019-Q3RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reconfirmed the expansion of overseas sales channels originating in Thailand, the use of overseas information in product development, and the pursuit of an overseas product strategy. - FY2019-Q2AdvancedAnnual report
「At a meeting of its board of directors held on 25 October 2018, the company approved the establishment of a joint venture between PCP Technologies Private Limited. and Sahakit Wisarn Co., LTD., its consolidated subsidiary. A joint venture agreement was concluded on 29 October 2018. The joint venture was scheduled to become an equity-method affiliate of the company.」
As a concrete development in its overseas strategy, the company’s board of directors approved the establishment of a joint venture between its Thai subsidiary and an Indian company, and a joint venture agreement was concluded. The plan was to establish the Indian market as a new business base, with the establishment date scheduled for 1 December 2018 and each party holding a 50% stake. - FY2019-Q1RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reconfirmed the expansion of overseas sales channels originating in Thailand, the use of overseas information in product development, and the pursuit of an overseas product strategy. - FY2018RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated the expansion of overseas sales channels originating in Thailand, the use of overseas information in product development, and the pursuit of an overseas product strategy. - FY2018-Q3RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated the expansion of overseas sales channels originating in Thailand, the use of overseas information in product development, and the pursuit of an overseas product strategy. - FY2018-Q2RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated the expansion of overseas sales channels originating in Thailand, the use of overseas information in product development, and the pursuit of an overseas product strategy. - FY2018-Q1RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated its policy of expanding overseas sales channels originating in Thailand, using overseas information in product development, and pursuing an overseas product strategy. - FY2017RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated its policy of expanding overseas sales channels originating in Thailand and using overseas information in product development. - FY2017-Q3RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated its overseas product strategy of expanding overseas sales channels originating in Thailand and using overseas information in product development. - FY2017-Q2RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated its overseas product strategy of expanding overseas sales channels originating in Thailand and using overseas information in product development. - FY2017-Q1RestatedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company reiterated its policy of expanding overseas sales channels originating in Thailand and using overseas information in product development for both domestic and overseas markets. - FY2016First statedAnnual report
「In its overseas business, the company established a base in Thailand at an early stage and has since expanded its sales channels to Southeast Asia, China, the Middle East and Australia. It has also established a structure in which growth in the overseas business contributes to the development of its domestic business. The company will use overseas information in developing distinctive, competitive products and will strongly pursue its overseas product strategy as competition with overseas companies in Japan is expected to intensify further.」
The company stated its policy of using the expansion of overseas sales channels originating in Thailand to support product development and its domestic business.