Production Cutbacks Due to Worsening Security in Bangladesh
First written in FY2017-Q2. 1 of 3 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2017.
Tokai Senko K.K. moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Dropped".
- FY2017DroppedAnnual report
「In the sewn-products sales business, the company worked to strengthen sales by selling products manufactured through its integrated production system in Indonesia and by newly pursuing sales of event-related products.」
The security and quality issues affecting production in Bangladesh, which had been mentioned through the previous quarter, were not included in the full-year report, whose explanation shifted to focus on integrated production in Indonesia. - FY2017-Q3WorsenedAnnual report
「Performance has been challenging because lower sales plans from existing customers and reduced production in Bangladesh, against a backdrop of political instability and inconsistent quality, combined with a relatively weaker yen to increase import costs and weigh on earnings.」
In Bangladesh, inconsistent quality, in addition to the previously cited political instability, was identified as a factor behind the production cuts, and challenging performance has continued in the sewn-products sales business. - FY2017-Q2MaterialisedAnnual report
「Business performance has been challenging, partly because deteriorating security in Bangladesh led to reduced local production.」
The deterioration in security in Bangladesh actually resulted in reduced local production and challenging performance in the sewn-products sales business.