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Fujix (3600) · RiskMitigated

Earnings decline in the Asia segment due to increases in various expenses

First written in FY2019-Q3. 9 of 18 entries say "Worsened", first in FY2019. Latest entry: 2026-08-12.

18entries
8years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2020-Q2 – FY2020WorsenedFY2024-Q3 – FY20242019: 320192020: 220202021: 120212022: 420222023: 320232024: 220242025: 120252026: 22026
Same theme, other companies
Asia Segment Turning Loss-Making and Performance RecoveryA theme 15 companies write about · 8 as a headwind · 7 as a tailwind

Fujix moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).

The whole theme swung hardest in 2023: 4 of 14 companies on the "Worse" side.

0 other companies' latest entry also says "Mitigated".

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.
Showing 14 of the 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-12MitigatedEarnings

    「In addition to the effects of lower procurement prices for raw materials and business improvement measures at the subsidiary in Thailand, factory utilization was maintained as production was shifted from Japan. As a result, segment profit was ¥5 million, compared with a loss of ¥36 million in the same period of the previous year.」

    The Asia segment improved from a loss to a profit, supported by lower procurement prices for raw materials, business improvement measures at the Thai subsidiary, and the maintenance of factory utilization through the shift in production.
  2. FY2026MitigatedAnnual report

    「On the profit side, although the effects of lower raw material procurement prices and management improvement measures at the Thai subsidiary gradually began to emerge, lower sales also weighed on results, resulting in a segment loss of ¥30 million, compared with a loss of ¥42 million in the previous fiscal year.」

    Although lower sales remained a factor, the effects of lower raw material procurement prices and management improvement measures at the Thai subsidiary narrowed the Asia segment loss from ¥42 million in the previous fiscal year to ¥30 million.
  3. FY2026-H1MitigatedAnnual report

    「On the profit side, although sales declined, the benefits of lower raw material procurement prices gradually began to emerge, while operating rates at the Chinese factories remained stable. As a result, segment profit was ¥0 million, compared with a loss of ¥41 million in the previous interim consolidated fiscal period.」

    Although sales declined in the Asia business, lower raw material procurement prices and stable operating rates at the Chinese factories improved the segment result from a loss of ¥41 million in the same period of the previous year to ¥0 million.
  4. FY2024WorsenedAnnual report

    「On the profit side, in addition to conditions across the Asian region that made it difficult to pass higher manufacturing costs through to selling prices, sluggish sales at the Chinese subsidiaries and lower operating rates at Chinese factories also contributed, resulting in a segment loss of ¥91 million, compared with a loss of ¥49 million in the previous fiscal year.」

    In addition to difficulty passing higher manufacturing costs through to selling prices, sluggish sales at the Chinese subsidiaries and lower factory operating rates contributed, expanding the Asia segment loss from ¥49 million to ¥91 million.
  5. FY2024-Q3WorsenedAnnual report

    「On the profit side, in addition to conditions across the Asian region that made it difficult to pass higher manufacturing costs through to selling prices, delayed recovery in orders and production at the Chinese subsidiaries resulted in a segment loss of ¥46 million, compared with a loss of ¥20 million in the same period of the previous year.」

    Difficulty passing higher manufacturing costs through to selling prices continued, while delayed recovery in orders and production at the Chinese subsidiaries also contributed, expanding the Asia segment loss from ¥20 million in the same period of the previous year to ¥46 million.
  6. FY2024-Q2RestatedAnnual report

    「On the profit side, in addition to conditions in the Asian region that made it difficult to pass higher manufacturing costs through to selling prices, delayed recovery in orders at the Chinese sales subsidiary also weighed on results, resulting in a segment loss of ¥19 million, unchanged from the same period of the previous year.」

    In the Asian region, difficulty passing higher manufacturing costs through to selling prices and delayed recovery in orders at the Chinese sales subsidiary continued, leaving the segment loss unchanged at ¥19 million from the same period of the previous year.
  7. FY2024-Q1WorsenedAnnual report

    「On the profit side, in addition to conditions in the Asian region that made it difficult to pass higher manufacturing costs through to selling prices, lower sales at the Chinese sales subsidiary also weighed on results, resulting in a segment loss of ¥10 million, compared with a loss of ¥6 million in the same period of the previous year.」

    In the Asian region, difficulty passing higher manufacturing costs through to selling prices continued, while lower sales at the Chinese sales subsidiary also contributed, expanding the segment loss from ¥6 million in the same period of the previous year to ¥10 million.
  8. FY2023-Q3WorsenedAnnual report

    「On the profit side, as described above, fixed costs incurred during the suspension of operations at 4 Chinese subsidiaries were recorded as an extraordinary loss. In addition, as in the second quarter, persistently high raw material, energy and transportation costs and conditions in the Asian market that made it difficult to pass costs through to selling prices resulted in a segment loss of ¥20 million, compared with a loss of ¥9 million in the same period of the previous year.」

    Persistently high raw material, energy and transportation costs and difficulty passing costs through to selling prices continued. The recording of fixed costs incurred during the suspension of operations at 4 Chinese subsidiaries also contributed, expanding the Asia segment loss from ¥9 million in the same period of the previous year to ¥20 million.
  9. FY2023-Q2WorsenedAnnual report

    「On the profit side, as described above, fixed costs incurred during the suspension of operations at 4 Chinese subsidiaries were recorded as an extraordinary loss. In addition, as in the first quarter, persistently high raw material, energy and transportation costs and higher contract processing fees could not readily be passed through to selling prices, resulting in a segment loss of ¥19 million, compared with profit of ¥4 million in the same period of the previous year.」

    In the Asia segment, persistently high raw material, energy and transportation costs, higher contract processing fees and difficulty passing costs through to selling prices continued. Combined with the suspension of operations at 4 Chinese subsidiaries, these factors caused the segment to move from profit of ¥4 million in the same period of the previous year to a loss of ¥19 million.
  10. FY2023-Q1Cost pressures and difficulty passing through price increases in Asia continue, while the loss narrowsAnnual report

    「On the profit side, sluggish production, particularly at the production subsidiaries, persistently high raw material, energy and transportation costs, and higher contract processing fees put pressure on manufacturing costs. However, it was difficult to pass these costs through to selling prices amid competition with other companies in the industry, and lower margins at the sales subsidiaries also weighed on results, resulting in a segment loss of ¥6 million, compared with a loss of ¥10 million in the previous fiscal year.」

    Sluggish production at the production subsidiaries, persistently high raw material, energy and transportation costs, and higher contract processing fees pressured manufacturing costs, while difficulty passing costs through to selling prices due to competition continued. Meanwhile, the Asia segment loss narrowed from ¥10 million in the same period of the previous year to ¥6 million.
  11. FY2022WorsenedAnnual report

    「On the profit side, the impact of the weaker yen, particularly at the Chinese subsidiary, combined with higher energy prices, transportation costs and other expenses, as well as the reduction in government relief measures implemented during the COVID-19 pandemic in the previous fiscal year. Manufacturing costs and selling, general and administrative expenses both increased substantially, and the decline in the China business resulted in a segment loss of ¥20 million, compared with profit of ¥51 million in the previous fiscal year.」

    At the Chinese subsidiary, higher energy prices and transportation costs and reduced government relief measures substantially increased manufacturing and selling, general and administrative expenses, causing the Asia segment to move from profit to a loss.
  12. FY2022-Q3WorsenedAnnual report

    「On the earnings side, higher manufacturing costs and SG&A expenses at the Chinese production subsidiary resulted in a segment loss of ¥9 million, compared with segment profit of ¥30 million in the same period of the previous year.」

    Higher manufacturing and selling, general and administrative expenses at the Chinese production subsidiary caused the Asia segment to move from profit in the previous year to a loss, making the decline in profit attributable to higher expenses evident in the results.
  13. FY2022-Q2WorsenedAnnual report

    「In the Chinese subsidiary, lower production volumes, particularly for Japan, and higher manufacturing costs reduced margins, leaving segment profit at ¥4 million, down 91.7% year on year.」

    Higher manufacturing costs at the Chinese subsidiary reduced profit in the Asia segment through lower margins.
  14. FY2020MitigatedAnnual report

    「On the profit side, as in the Japan segment, lower sales reduced profit, but improved margins resulting from sales price revisions and lower selling, general and administrative expenses resulted in segment profit of ¥88 million, up 59.4% from the previous fiscal year.」

    Although lower sales continued to reduce profit, improved margins from sales price revisions and lower selling, general and administrative expenses resulted in Asia segment profit increasing 59.4% from the previous fiscal year.
  15. FY2020-Q3MitigatedAnnual report

    「On the profit side, although lower sales reduced profit, improved margins and lower selling, general and administrative expenses resulted in segment profit of ¥78 million, up 10.1% year on year.」

    In the Asia segment, although lower sales reduced profit, improved margins and lower selling, general and administrative expenses led to segment profit increasing 10.1% year on year, as the impact of higher expenses continues to be addressed.
  16. FY2020-Q2MitigatedAnnual report

    「On the profit side, although lower sales volumes reduced profit, improved margins resulting from sales price revisions and the effect of lower selling, general and administrative expenses resulted in segment profit of ¥64 million, up 25.4% year on year.」

    In the Asia segment, lower sales volumes reduced profit, but improved margins from sales price revisions and lower selling, general and administrative expenses resulted in segment profit increasing 25.4% year on year.
  17. FY2019WorsenedAnnual report

    「On the profit side, although conditions varied among the subsidiaries, the impact of the sales decline described above and higher expenses resulted in segment profit of ¥55 million, down 36.8% from the previous fiscal year.」

    In the Asia segment, lower sales and higher expenses reduced segment profit by 36.8% from the previous fiscal year to ¥55 million. The factors behind the decline in profit through the previous quarter were also evident for the full fiscal year.
  18. FY2019-Q3First statedAnnual report

    「In addition to the sales trends described above, various expenses increased, causing this segment to return to a decline in profit. Segment profit was ¥70 million, down 10.6% year on year.」

    In the Asia segment, higher expenses, in addition to the sales trends, reduced profit, with segment profit falling 10.6% year on year to ¥70 million.
Moved together

"Declining demand and intensifying competition in China's sewing thread market" moved the same way as this thread, in the same document, in 9 of its 18 moves.

965443★123456
  1. ★This thread
  2. 1Declining demand and intensifying competition in China's sewing thread market9×
  3. 2Improving Domestic Profitability through Industrial Sewing Thread Price Revisions and Review of Unprofitable Products6×
  4. 3Year-on-year declines in sales and earnings5×
  5. 4Sluggish Demand for Apparel and Sewing Thread4×
  6. 5Higher Cost Ratios Due to Lower Utilization at Domestic Plants4×
  7. 6Business continuity and earnings maintenance across Group companies, including domestic and overseas subsidiaries3×

★ 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.

When this could move next
No upcoming earnings preview for Fujix yet. It last moved in the Earnings of 2026-08-12: "Mitigated".
News
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Earnings decline in the Asia segment due to increases in various expenses | FUJIX Ltd. (3600) | Komori