Strengthening core trading-company functions, the domestic sales base and global expansion
First written in FY2016. 6 of 12 entries say "Advanced", first in FY2018. Latest entry: FY2026-H1.
The whole theme swung hardest in 2021: 8 of 55 companies on the "Worse" side.
45 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, we established MITACHI INDIA PVT.LTD for the sale of semiconductors and electronic components and the development of EMS (electronics manufacturing services) to address customer needs in India’s electronics market. Its capital was INR 43 million, with MITACHI CO.,LTD. holding a 99.0% interest and MITACHI INTERNATIONAL (MALAYSIA) SDN.BHD. holding 1.0%.」
As a specific step in global expansion, the company established an Indian entity to sell semiconductors and electronic components and develop EMS. Its capital and ownership percentages were also disclosed. - FY2025-H1AdvancedAnnual report
「Sales increased in the automotive field, partly because we began selling semiconductors to DENSO CORPORATION. Revenue also increased year on year in the industrial equipment field, reflecting higher EMS orders.」
A specific development in the domestic sales platform was the start of semiconductor sales to DENSO CORPORATION following the transfer of the distribution channel from Toshiba Electronic Devices & Storage Corporation. - FY2024AdvancedAnnual report
「June 2023: Established MITACHI AMERICA,INC. in Novi, Michigan, United States」
As a specific step in expanding its global network, the company established MITACHI AMERICA,INC. in the United States. - FY2023-Q3RestatedAnnual report
「Although we worked to maintain and improve revenue and profit by securing products for sale in each field,」
The company continues measures to strengthen its sales platform by securing products for sale in each field and seeking to maintain and improve revenue and profit. - FY2023-Q1Global procurement capabilities and a broad network explicitly identifiedAnnual report
「Although raw-material inflation affected transaction prices, we continued to secure products for sale in each field by leveraging our global procurement capabilities and broad network, while also pursuing ongoing cost control and efficiency improvements.」
In addition to strengthening domestic and overseas sales platforms and trading-company functions, the company describes the specific use of its global procurement capabilities and broad network to secure products for sale. - FY2022-Q1AdvancedAnnual report
「During the three-month period of the current consolidated fiscal year, our Group, comprising the Company and its affiliates, consisted of Mitachi Sangyo Co., Ltd. and 10 consolidated subsidiaries (M.A.TECHNOLOGY,INC., 美達奇（香港）有限公司, 台湾美達旗股份有限公司, 敏拓吉電子（上海）有限公司, 美達奇電子（深圳）有限公司, MITACHI（THAILAND）CO.,LTD., PT MITACHI INDONESIA, MITACHI INTERNATIONAL（MALAYSIA）SDN.BHD., ＭＥテック株式会社 and フロア工業株式会社).」
As global expansion progressed, MITACHI INTERNATIONAL（MALAYSIA）SDN.BHD., established in November 2020, became a consolidated subsidiary during the three-month period, bringing the number of consolidated subsidiaries to 10. - FY2021The medium-term management plan specified measures for strengthening the foundation businessAnnual report
「Against this backdrop, our Group launched a three-year plan, Medium-Term Management Plan 2023, beginning in the fiscal year ending May 2022, with the aim of prevailing in a changing era. <Strengthening and expanding the foundation business> In the business areas that form the foundation of our Group, we will promote business activities and strengthen and expand functions and locations to reinforce our earnings base.」
The previous policy of strengthening trading functions and domestic and overseas sales platforms was organized in Medium-Term Management Plan 2023 as “Strengthening and expanding the foundation business,” with automotive and industrial equipment, EMS, overseas locations, and alliances and M&A identified as priority measures. - FY2021-Q2AdvancedAnnual report
「Our Group consists of Mitachi Sangyo Co., Ltd., 9 consolidated subsidiaries (M.A.TECHNOLOGY,INC., 美達奇（香港）有限公司, 台湾美達旗股份有限公司, 敏拓吉電子（上海）有限公司, 美達奇電子（深圳）有限公司, MITACHI（THAILAND）CO.,LTD., PT MITACHI INDONESIA, ＭＥテック株式会社 and フロア工業株式会社), and 3 unconsolidated subsidiaries (株式会社ユラス, MITACHI TRADING（THAILAND）CO.,LTD. and MITACHI INTERNATIONAL (MALAYSIA) SDN. BHD.). In November 2020, we established MITACHI INTERNATIONAL (MALAYSIA) SDN. BHD. as a consolidated subsidiary.」
As a concrete step in its global expansion, the company established its Malaysian entity in November 2020. - FY2019RestatedAnnual report
「We will continue to further strengthen our core trading business and promote the expansion of our domestic and overseas sales platforms.」
Continues the strategy of expanding domestic and overseas sales capabilities around the core trading-company business. - FY2018AdvancedAnnual report
「Demand for semiconductors and electronic components overseas has been increasing every year, and competition is intensifying, particularly in China and ASEAN countries. We established an Overseas Strategy Office directly under the president, strengthened coordination with the Philippines, which serves as a manufacturing base, and our various sales locations, and will work to strengthen and expand our overseas business by responding flexibly to customer needs.」
The company established an overseas strategy office reporting directly to the president and set out a structure for closer coordination between its Philippine production base and sales offices. - FY2018-Q3Expansion of the overseas sales network explicitly identified as a use of fundsAnnual report
「③ Expansion of overseas sales networks to support global growth」
Expansion of overseas sales networks was explicitly identified as a specific investment use supporting global expansion. - FY2016First statedAnnual report
「We will continue to further strengthen and expand our core trading business, while promoting the strengthening of our domestic sales platform and the expansion of our global operations.」
A strategy to deepen and expand the existing business by strengthening trading-company functions, domestic sales and overseas operations.