Establishing a new joint venture business model in Indonesia and setting up a local subsidiary
First written in FY2019-Q2. 7 of 9 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「After reviewing the main items in the previous fiscal year, the Company worked during the current fiscal year to establish its production processes. As the production lines became more proficient, productivity steadily improved. These initiatives further strengthened the production capabilities of the sites. As a result, net sales for the consolidated fiscal year amounted to ¥3,755 million, up 27.3% year on year.」
The Indonesian joint venture made progress in establishing production processes and improving line proficiency after the review of its main items, resulting in higher productivity and a 27.3% increase in net sales. - FY2025Changes to major production items and preparations for the next fiscal yearAnnual report
「At the PT. MATSUOKA INDUSTRIES INDONESIA factory, productivity temporarily declined because major production items were changed to support sustained performance improvement, but efforts focused on preparing the production structure for the following fiscal year and beyond.」
At the Indonesian joint venture, productivity temporarily declined due to changes in major production items, while preparations for the production structure for the following fiscal year and beyond were advanced. - FY2023AdvancedAnnual report
「At PT. MATSUOKA INDUSTRIES INDONESIA, continued efforts to improve quality and productivity increased production capacity and contributed to higher production volume and revenue. Although profitability remains on the way to improvement, efforts to reduce production costs and improve the accuracy of production management are beginning to bear fruit.」
The report described increased production capacity, production volume and revenue at the Indonesian joint venture, as well as the effects of efforts to reduce production costs and improve the accuracy of production management. - FY2022AdvancedAnnual report
「At PT. MATSUOKA INDUSTRIES INDONESIA, measures to improve productivity, including reviewing and consolidating production items through proactive sales activities, are beginning to bear fruit. Continued efforts have provided signs of improved profitability.」
At the Indonesian joint venture, productivity improvement measures involving the review and consolidation of production items advanced, and signs of improved profitability were reported. - FY2020AdvancedAnnual report
「In Indonesia, PT. MATSUOKA INDUSTRIES INDONESIA was established by 4 companies positioned across the apparel industry’s value chain, from upstream materials development and manufacturing to downstream retail: FAST RETAILING CO.,LTD., CHORI CO.,LTD., TORAY INDUSTRIES,INC. and our company. The company is steadily expanding its production capacity. We will further improve productivity by introducing additional new equipment.」
The report stated that the Indonesian joint venture was expanding production capacity and was moving toward improving productivity through the introduction of additional new equipment. - FY2020-Q1AdvancedAnnual report
「Production at the factory of PT. MATSUOKA INDUSTRIES INDONESIA in Indonesia, which was completed in the previous fiscal year, began to get on track」
Following the completion and start-up of the Indonesian factory, specific progress was reported in that production began to get on track. - FY2019AdvancedAnnual report
「As a new joint venture business model, the factory of PT. MATSUOKA INDUSTRIES INDONESIA was completed in November 2018 and began operating smoothly in December of the same year.」
Following the establishment of the Indonesian joint venture and completion of its factory, specific progress was reported in that the factory began operating smoothly in December 2018. - FY2019-Q3AdvancedAnnual report
「In Indonesia, a new overseas base, the factory of PT. MATSUOKA INDUSTRIES INDONESIA was completed in November of the same year, and efforts are advancing toward further expanding business with major SPAs and establishing a new joint venture business model in Indonesia, both of which are basic strategies under the medium-term management plan “Take On The Global Top !”.」
Following the establishment of the new Indonesian company and its inclusion as a consolidated subsidiary, specific progress was reported in that its factory was completed in November 2018. - FY2019-Q2First statedAnnual report
「We will continue efforts to expand business further with major SPAs and establish a new joint venture business model in Indonesia, as set out in the medium-term management plan “Take On The Global Top !”. In addition, PT. MATSUOKA INDUSTRIES INDONESIA was newly established during the first quarter and made a consolidated subsidiary.」
The establishment of a new joint venture business model in Indonesia under the medium-term management plan was identified for the first time as a specific initiative, and the establishment of PT. MATSUOKA INDUSTRIES INDONESIA and its inclusion as a consolidated subsidiary were also reported for the period.