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Mitachi (3321) · FactThe Overseas Business Segment Posted Higher Revenue and Profit, While Production Output Declined

The Overseas EMS and Contract Manufacturing Platform

First written in FY2016. 8 of 25 entries say "Restated". Latest entry: FY2026.

25entries
11years
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ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q3OtherFY2019 – FY2022-Q2AdvancedFY2022-Q3 – FY2023-Q3AdvancedFY2025-H1 – FY2026-H12016: 12017: 220172018: 320182019: 220192020: 220202021: 320212022: 420222023: 320232024: 220242025: 120252026: 22026
Same theme, other companies
Expansion of EMS Contract Manufacturing and Earnings ImprovementA theme 14 companies write about · 0 as a headwind · 12 as a tailwind

The whole theme swung hardest in 2024: 2 of 11 companies on the "Worse" side.

3 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026The Overseas Business Segment Posted Higher Revenue and Profit, While Production Output DeclinedAnnual report

    「Overseas business division Consolidated revenue increased 12.8% year on year to ¥17,937 million as sales in the automotive and other fields remained firm. Segment profit was ¥903 million, up 50.7%.」

    The overseas business division, including its overseas contract-manufacturing and production platform, generated higher revenue and profit. Production output, however, declined to ¥4,353 million, or 93.7% of the prior-year level.
  2. FY2026-H1AdvancedAnnual report

    「In the consumer field, orders for EMS for office automation equipment and related services in the ASEAN region remained firm.」

    The overseas EMS platform included firm ASEAN orders for EMS for office automation equipment. The establishment of an Indian entity to develop EMS was also disclosed.
  3. FY2025-H1AdvancedAnnual report

    「Orders for EMS in the industrial equipment field remained firm, and revenue increased as production of EMS and related services in the consumer field recovered.」

    The overseas business division, including overseas EMS and contract manufacturing, generated higher revenue as industrial-equipment EMS orders remained firm and consumer-field production recovered.
  4. FY2024-Q3RestatedAnnual report

    「Although orders for automotive EMS and semiconductors increased in ASEAN, consolidated revenue declined 10.5% year on year to ¥10,968 million due to lower orders for EMS and semiconductors and electronic components in the consumer field amid customer inventory adjustments, and lower industrial-equipment orders in China due to weak investment. Segment profit was ¥351 million, down 56.9%.」

    The overseas business division, including overseas EMS and contract manufacturing, continued to record lower revenue and profit as higher ASEAN automotive orders were offset by lower consumer and Chinese industrial-equipment orders.
  5. FY2024-Q2RestatedAnnual report

    「Although orders for automotive EMS and related services increased in ASEAN, consolidated revenue declined 7.6% year on year to ¥7,233 million due to lower orders for EMS and semiconductors and electronic components in the consumer field amid customer inventory adjustments, and lower orders in China’s industrial equipment field due to slower investment. Segment profit was ¥241 million, down 57.6%.」

    The overseas business division, including overseas EMS, generated lower revenue and profit as higher ASEAN automotive EMS orders were offset by lower consumer and Chinese industrial-equipment orders.
  6. FY2024-Q1Overseas EMS orders diverged by fieldAnnual report

    「Although orders for automotive EMS and related services increased in ASEAN, consolidated revenue declined 9.8% year on year to ¥3,539 million due to lower orders for EMS and semiconductors and electronic components in the consumer field amid inventory adjustments, and lower industrial-equipment orders in China due to slower investment. Segment profit was ¥120 million, down 70.0%.」

    In the overseas business division, higher ASEAN automotive EMS orders were offset by lower orders caused by inventory adjustments in the consumer field and slower investment in Chinese industrial equipment, resulting in lower revenue and profit.
  7. FY2023-Q3AdvancedAnnual report

    「Although customers’ production adjustments due to the resurgence of COVID-19 in China had an impact, consolidated revenue increased 19.1% year on year to ¥12,256 million, reflecting higher EMS orders in the consumer field. Segment profit was ¥815 million, up 41.8%.」

    Higher overseas EMS orders drove revenue growth of 19.1% and segment-profit growth of 41.8% in the overseas business division.
  8. FY2023-Q2AdvancedAnnual report

    「② Overseas business division Although sales were affected by China’s zero-COVID policy, consolidated revenue increased 15.7% year on year to ¥7,831 million, reflecting higher orders for EMS and semiconductors and electronic components in the consumer field. Segment profit was ¥569 million, up 52.5%.」

    The overseas business division, including overseas EMS, achieved 15.7% revenue growth and 52.5% segment-profit growth as orders for EMS and semiconductors and electronic components increased.
  9. FY2023-Q1AdvancedAnnual report

    「Although affected by lockdowns under China’s zero-COVID policy, consolidated revenue increased 15.3% year on year to ¥3,921 million, reflecting firm EMS orders in the consumer field and higher orders for semiconductors and electronic components. Segment profit was ¥400 million, up 102.7%.」

    The overseas business division, including overseas EMS and contract manufacturing, exceeded the prior-year revenue and segment profit despite the impact of lockdowns, due to higher EMS-related orders.
  10. FY2022AdvancedAnnual report

    「Overseas business division 2,097,993 170.6」

    Annual production output in the overseas business division was ¥2,097 million, or 170.6% of the prior-year level, representing a substantial increase in overseas contract-manufacturing and production.
  11. FY2022-Q3AdvancedAnnual report

    「② Overseas business division Although the impact of tight supply and demand for semiconductors and electronic components on production and orders continued, consolidated revenue increased 41.6% year on year to ¥10,292 million, reflecting a recovery in production in the consumer field and higher orders in China for semiconductors and electronic components for automotive and consumer equipment. Segment profit was ¥574 million, up 286.5%.」

    The overseas business division continued to deliver higher revenue and profit as production recovered and orders in China increased despite ongoing supply constraints.
  12. FY2022-Q2The overseas business division recovered to higher revenue and profitAnnual report

    「Although production and orders were affected by tight supply and demand for semiconductors and electronic components, consolidated revenue increased 46.5% year on year to ¥6,766 million, reflecting a recovery in production in the consumer field and higher orders for semiconductors and electronic components for automotive and consumer equipment in China. Segment profit was ¥373 million, up 570.9%.」

    The overseas business division, including overseas contract manufacturing and EMS, generated higher revenue and profit through production recovery and higher orders in China despite supply constraints.
  13. FY2021Overseas production output was 53.2% of the prior-year levelAnnual report

    「Overseas business division 1,229,676 53.2」

    Overseas contract-manufacturing and production output centered on M.A.TECHNOLOGY,INC. was ¥1,229 million, or 53.2% of the prior-year level. The company reported recovery in China alongside lower EMS-related orders in ASEAN.
  14. FY2021-Q3RestatedAnnual report

    「Although regional revenue increased as the Chinese market recovered, consolidated revenue declined 14.3% year on year to ¥7,267 million due to lower orders for semiconductors, electronic components and EMS in the ASEAN region. Segment profit was ¥148 million, down 35.2%.」

    Revenue and profit in the overseas business division declined year on year as lower EMS-related orders in ASEAN continued despite the recovery in China.
  15. FY2021-Q2Decline in EMS-related orders in ASEANAnnual report

    「Although regional revenue increased as the Chinese market recovered, consolidated revenue declined 18.3% year on year to ¥4,619 million due to lower orders for semiconductors, electronic components and EMS in the ASEAN region.」

    In the overseas EMS and contract-manufacturing business, recovery in China was offset by lower EMS-related orders in ASEAN, which reduced revenue in the overseas business division.
  16. FY2021-Q1Lower overseas EMS orders pushed the overseas business division into a lossAnnual report

    「As a result of lower revenue caused by reduced production utilization and weak demand in the consumer field, primarily due to the spread of COVID-19, as well as lower EMS orders in the amusement field, consolidated revenue declined 27.7% year on year to ¥2,031 million. The segment recorded a loss of ¥2 million, compared with segment profit of ¥99 million in the prior-year period.」

    Continued weakness in overseas EMS-related orders caused the overseas business division to swing from segment profit of ¥99 million in the prior-year period to a loss of ¥2 million.
  17. FY2020-Q2RestatedAnnual report

    「Revenue declined due to lower EMS-related orders overseas and lower orders in China’s consumer field, resulting in consolidated revenue of ¥5,652 million, down 12.0% year on year.」

    Lower orders continued to be reported in the overseas contract-manufacturing and EMS business during the cumulative second-quarter period.
  18. FY2020-Q1Decline in overseas EMS ordersAnnual report

    「In the amusement field, revenue declined due partly to lower EMS orders overseas.」

    Lower EMS orders in the amusement field overseas were reported as a cause of lower revenue in the overseas contract-manufacturing and EMS business.
  19. FY2019RestatedAnnual report

    「Overseas business division 3,488,880 99.9」

    Production output in the overseas business division was ¥3,488 million, or 99.9% of the prior-year level, indicating that the overseas contract-manufacturing and production platform centered on M.A.TECHNOLOGY,INC. remained in place.
  20. FY2018AdvancedAnnual report

    「Overseas business division 3,492,904 161.8」

    Production output in the overseas business division was ¥3,492 million, or 161.8% of the prior-year level. A measurable increase in the overseas contract-manufacturing and production platform centered on M.A.TECHNOLOGY,INC. was reported.
  21. FY2018-Q3RestatedAnnual report

    「Overseas business division Although EMS for camera-related modules declined, consolidated revenue increased to ¥11,250 million, up 32.3% year on year, as revenue remained strong due to a recovery in demand in the amusement field.」

    While EMS for camera-related modules remained weak, the overseas business division as a whole generated higher revenue as amusement demand recovered.
  22. FY2018-Q2RestatedAnnual report

    「In the consumer field, revenue declined as EMS for camera-related modules decreased.」

    The decline in EMS for camera-related modules and revenue continued to be reported from the prior quarter.
  23. FY2018-Q1RestatedAnnual report

    「In the consumer field, revenue declined as EMS for camera-related modules decreased.」

    The decline in EMS for camera-related modules continued to be reported during the current quarter.
  24. FY2017-Q3Decline in EMS revenue from camera-related modulesAnnual report

    「In the consumer field, revenue declined as EMS for camera-related modules overseas decreased.」

    The overseas EMS and contract-manufacturing platform experienced a decline in EMS for camera-related modules overseas.
  25. FY2016First statedAnnual report

    「We also provide contract processing and other services for electronic equipment and other electronics products, primarily through M.A.TECHNOLOGY,INC.」

    The overseas business division provides contract manufacturing and sales of electronic equipment and components, with contract processing centered on the Philippine subsidiary.
Moved together

"Exploring new products and strengthening the EMS business" moved the same way as this thread, in the same document, in 7 of its 25 moves.

764433★123456
  1. ★This thread
  2. 1Exploring new products and strengthening the EMS business7×
  3. 2Revenue and profit growth in the domestic and overseas business segments6×
  4. 3Performance-Linked and Individually Evaluated Director Bonuses4×
  5. 4Financing Through a Third-Party Allotment of Stock Acquisition Rights and Growth Investment4×
  6. 5Risk of Bad Debts and Higher Allowances Resulting from Deteriorating Customer Credit3×
  7. 6Increase in Cash Flow from Operating Activities3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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The Overseas EMS and Contract Manufacturing Platform | MITACHI CO.,LTD. (3321) | Komori