Trend toward higher sales at the Vietnam and Thailand subsidiaries
First written in FY2017-Q1. 7 of 16 entries say "Restated". Latest entry: FY2026-H1.
Fujix moved to the "Worse" side of this theme in 2020.
3 other companies' latest entry also says "Other".
- FY2026-H1Asia revenue declined as firm orders in Vietnam contrasted with weakness in Thailand and ChinaAnnual report
「During the interim period, the shift of apparel production for Japan from China to other Asian countries, including Vietnam, continued. In China, the economic slowdown weakened consumer sentiment toward apparel, making sales conditions for the Group's China business difficult. In Vietnam, orders remained firm, while in Thailand, despite efforts to reduce operating costs, difficult business conditions continued because of the economic slowdown and weaker consumption. In addition, the impact of fluctuations in foreign exchange translation rates resulted in segment revenue of ¥524 million, down 14.7% from the previous interim consolidated accounting period.」
Orders remained firm in Vietnam, while sales conditions were difficult in China and difficult business conditions continued in Thailand because of the economic slowdown and weaker consumption. Asia segment revenue decreased 14.7% year on year. - FY2025-H1Contrasting conditions: firm in Vietnam, weak in China and ThailandAnnual report
「In Vietnam, production of apparel for Japan remained firm, while in China and Thailand, apparel production generally remained sluggish, not only for Japan,」
The previous broad description of a trend toward higher revenue at the Vietnamese and Thai subsidiaries has been replaced by a clear regional distinction: production for Japan remained firm in Vietnam, while production in China and Thailand was sluggish. - FY2023-Q3RestatedAnnual report
「The suspension of operations at the Chinese subsidiaries because of the lockdown in the Shanghai area forced the Chinese and Japanese businesses, as well as the Vietnamese and Thai subsidiaries in this segment, to forgo sales opportunities, but」
It reconfirms that the suspension of operations at the Chinese subsidiaries because of the Shanghai lockdown also resulted in lost sales opportunities at the Vietnamese and Thai subsidiaries, not only in China. - FY2023-Q2The impact of the Shanghai lockdown spread to sales at the Vietnamese and Thai subsidiariesAnnual report
「The suspension of operations at the Chinese subsidiaries for approximately 2 months from the end of March because of the lockdown in the Shanghai area affected sales at the Vietnamese and Thai subsidiaries as well as those in China.」
It states that, in contrast to the previous trend of higher revenue at the Vietnamese and Thai subsidiaries, the Shanghai lockdown and the suspension of operations at the Chinese subsidiaries also affected sales at the subsidiaries in both countries. - FY2023-Q1Business activities in Thailand and Vietnam returned to near-normal levels, and Asia revenue increased because of foreign exchange factorsAnnual report
「In Vietnam and Thailand, the number of COVID-19 infections continued to fluctuate, but business activities were maintained at near-normal levels as priority was given to economic recovery. Together with the impact of foreign exchange translation rates, this resulted in segment revenue of ¥310 million, up 18.8% year on year.」
Although infections continued to fluctuate in Vietnam and Thailand, priority was given to economic recovery and business activities were maintained at near-normal levels. Together with the impact of foreign exchange translation rates, this resulted in Asia segment revenue increasing 18.8% year on year. - FY2022Asia revenue increased because of foreign exchange factors, but business conditions remained unstableAnnual report
「In Thailand and Vietnam, as in China, the recovery in production of apparel for Japan was uneven. Infections repeatedly rose and fell in both countries, at times restricting employee attendance and business activities, and unstable business conditions continued. However, revenue increased to ¥1,154 million, up 11.7% from the previous fiscal year, because of factors related to fluctuations in foreign exchange translation rates.」
In Thailand and Vietnam, the recovery in production was uneven, and restrictions on employee attendance and business activities occurred as infections spread. However, Asia segment revenue increased 11.7% from the previous fiscal year because of the impact of foreign exchange translation rates. - FY2021WorsenedAnnual report
「The subsidiaries in this segment, where sales and production of industrial sewing thread for apparel for Japan account for a significant proportion of operations, generally faced difficult business conditions. In addition, foreign exchange translation rate fluctuations reduced revenue, resulting in segment revenue of ¥1,033 million, down 19.0% from the previous fiscal year, and segment profit of ¥51 million, down 42.1%.」
It states that the subsidiaries in the Asia segment, including those in Thailand and Vietnam previously described as showing revenue growth, generally faced difficult business conditions, resulting in substantial declines in revenue and profit. - FY2021-Q3WorsenedAnnual report
「The subsidiaries in this segment, where sales and production of sewing thread for apparel for Japan account for a significant proportion of operations, generally faced difficult business conditions. In addition, foreign exchange translation rate fluctuations reduced revenue, resulting in segment revenue of ¥772 million, down 20.3% year on year, and segment profit of ¥30 million, down 61.2%.」
The subsidiaries in the Asia segment, including those in Thailand and Vietnam, generally faced difficult business conditions. Segment revenue decreased 20.3% year on year, and profit decreased 61.2%. - FY2021-Q2WorsenedAnnual report
「The trend toward reduced production of apparel for Japan intensified, making sales conditions for this segment, which mainly sells industrial sewing thread for apparel produced for Japan, even more difficult, including at the subsidiaries in Thailand and Vietnam. In addition, revenue declined because of fluctuations in foreign exchange translation rates. Revenue was ¥533 million, down 16.1% year on year, and segment profit was ¥50 million, down 21.0%.」
It states that conditions became even more difficult in the Asia segment, including the Thai and Vietnamese subsidiaries previously described as showing revenue growth, and that both revenue and segment profit declined year on year. - FY2019-Q1RestatedAnnual report
「The addition of a new Chinese production subsidiary in June 2017, higher revenue in Thailand and Vietnam, and the impact of foreign exchange translation rates resulted in segment revenue of ¥341 million, up 23.4% year on year.」
It states that continued revenue growth in Thailand and Vietnam, together with the addition of the Chinese production subsidiary and the impact of foreign exchange translation rates, contributed to higher Asia segment revenue. - FY2018RestatedAnnual report
「Against this backdrop, domestic sales in China showed signs of bottoming out, while revenue in Thailand and Vietnam continued to trend upward. In addition, the foreign exchange translation rate moved in favor of a weaker yen, resulting in segment revenue of ¥1,390 million, up 5.3% from the previous fiscal year.」
Continued revenue growth in Thailand and Vietnam, together with the weaker yen and signs of bottoming out in domestic sales in China, contributed to higher Asia segment revenue. - FY2018-Q3RestatedAnnual report
「Against this backdrop, sales of sewing thread in China showed signs of bottoming out, while increased sales in Vietnam and the impact of translation exchange rates also contributed to segment net sales of ¥1,015 million, up 3.4% year on year. Meanwhile, segment profit was ¥79 million, up 173.2% year on year, as the recovering profitability of the Chinese subsidiaries, higher sales in Vietnam and Thailand, and cost reductions, among other factors, contributed.」
Higher sales in Vietnam and continued revenue growth in Vietnam and Thailand, together with cost reductions, contributed to Asia segment profit. - FY2018-Q2RestatedAnnual report
「Recovering profitability at the Chinese production subsidiaries, together with higher revenue and cost reductions in Thailand and Vietnam, resulted in segment profit of ¥38 million, up 668.2% year on year.」
It states that higher revenue in Thailand and Vietnam continued and, together with cost reductions, contributed to Asia segment profit. - FY2017-Q3RestatedAnnual report
「The Group also continued to see revenue increase in Thailand and Vietnam, but」
It states that revenue continued to increase in Thailand and Vietnam. - FY2017-Q2RestatedAnnual report
「Revenue at the subsidiaries in Thailand and Vietnam continued to increase. However, partly because foreign exchange translation rates trended toward a stronger yen, Asia segment revenue was ¥658 million, down 14.2% year on year.」
Revenue at the Thai and Vietnamese subsidiaries continued to trend upward, but overall Asia segment revenue decreased 14.2% year on year because of the stronger yen and other factors. - FY2017-Q1First statedAnnual report
「At the subsidiaries in Vietnam and Thailand, revenue also continued to trend upward, but」
It states that revenue continued to trend upward at the Vietnamese and Thai subsidiaries in Southeast Asia.