Expanding Sales of Automotive-Related Materials in Asia and Emerging Markets and Establishing a Global Production and Sales Structure
First written in FY2016. 15 of 21 entries say "Restated". Latest entry: FY2026.
16 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the automotive-related field, we will work to strengthen cost competitiveness and increase value added while monitoring demand trends in existing applications, and will respond to market changes such as electrification and higher functionality.」
In the automotive-related field, the Group continues to improve cost competitiveness and value added in existing applications and respond to electrification and higher functionality. - 2026-05-13Cited as achievedRevision of earnings forecasts
「Although domestic demand for automotive-related materials remained sluggish, demand for the overseas replacement market, as well as demand for motorcycles in India and certain Southeast Asian markets, remained solid.」
The company cited actual demand for automotive-related materials in the overseas replacement market and in India and certain Southeast Asian markets. - FY2024RestatedAnnual report
「We will also pursue development work applying to other fields the technologies we have cultivated in engine filter media to control and design pore size, air permeability and airflow resistance.」
The Group continues to develop high-precision filter media, secure stable supply by switching raw-material suppliers, and apply existing technologies to other fields. - FY2023AdvancedAnnual report
「During the consolidated fiscal year, a development product for lubricating oil applications aimed at value analysis was launched for some of our main products. We are also developing higher-precision filter media to meet future environmental regulations and have received favorable evaluations from customers. For raw materials for which there had been some concern about supply, we switched to other manufacturers with reliable supply, enabling us to provide customers with a stable supply.」
The filing describes the launch of a value-analysis development product for automotive-related materials, favorable customer evaluations of high-precision filter media, and stable supply achieved by switching raw-material suppliers. - FY2022RestatedAnnual report
「For engine filter media used in automotive-related materials, we will focus on producing higher-value-added products and establish a production structure capable of stable supply. We will also improve the efficiency of Group-wide procurement activities and diversify suppliers in order to improve our earnings structure.」
For automotive-related materials, the Group continues to pursue higher value added, stable supply, more efficient Group-wide procurement, and supplier diversification. - FY2021-Q3RestatedAnnual report
「In this business environment, our Group worked to expand sales and develop new markets, while also pursuing cost reductions, fixed-cost reductions and greater efficiency in administrative functions. However, the impact of declining orders was substantial and we were unable to secure profits.」
The Group continues its sales-expansion and new-market development activities, but no regional measures or new achievement milestones, including for Asia, have been disclosed. - FY2021-Q2RestatedAnnual report
「In this business environment, our Group worked to expand sales and develop new markets, while also pursuing cost reductions, fixed-cost reductions and greater efficiency in administrative functions. However, the impact of declining orders was substantial and we were unable to secure profits.」
The Group continues its sales-expansion activities despite the impact of declining orders. No new regional or product-specific milestones have been disclosed. - FY2020-Q2RestatedAnnual report
「In this environment, our Group has focused on expanding sales in existing businesses, primarily in Asia, but sales of automotive-related materials and general industrial materials declined due in part to the impact of U.S.-China trade friction and the slowdown in the Chinese economy.」
The Group continues to pursue sales expansion in existing businesses, primarily in Asia. It states that sales of automotive-related and general industrial materials declined due to the impact of U.S.-China trade friction and the slowdown in the Chinese economy. - FY2020-Q1RestatedAnnual report
「In this environment, our Group focused on expanding sales in existing businesses, primarily in Asia, but sales of automotive-related materials and general industrial materials declined due in part to the impact of U.S.-China trade friction and the slowdown in the Chinese economy.」
The Group continues to pursue sales expansion in existing businesses, primarily in Asia. It also states that sales of related materials declined due to the impact of U.S.-China trade friction and the slowdown in the Chinese economy. - FY2019AdvancedAnnual report
「During the consolidated fiscal year, filter media suitable for high-dust regions, including India and Southeast Asia, were adopted for use not only in Japan but also in those markets.」
The filing states that filter media for high-dust regions in Southeast Asia, including India, were adopted, indicating progress from Asian sales expansion and product development to actual adoption. - FY2019-Q3RestatedAnnual report
「In this environment, our Group has focused on expanding sales in existing businesses, primarily in Asia, while developing high-performance products. For new products, we are focusing on developing applications mainly in Japan and Asia.」
The Group continues to expand sales in existing businesses, primarily in Asia, develop high-performance products, and develop applications for new products in Japan and Asia. - FY2019-Q2RestatedAnnual report
「In this environment, our Group focused on expanding sales in existing businesses, primarily in Asia, while developing high-performance products. For new products, we focused on developing applications, mainly in Japan.」
The Group continues to expand sales in existing businesses, primarily in Asia, develop high-performance products, and develop domestic applications for new products. - FY2019-Q1RestatedAnnual report
「In this environment, our Group has focused on expanding sales in overseas markets, primarily in Asia, and on rolling out new products and developing high-performance products for existing businesses. However, sales of automotive-related materials declined, while higher raw-material and fuel prices and increased research and development expenses also affected results.」
The Group continues to expand sales overseas, particularly in Asia. No new numerical targets or deadlines have been disclosed. - FY2018RestatedAnnual report
「For engine filter media, our core product, we are focusing on rebuilding our global production structure in Japan, Thailand and China and developing high-performance filter media in order to establish a competitive advantage in global markets. Going forward, we will pursue activities aimed at expanding sales to new customers in Asia.」
The Group continues to pursue the restructuring of its production structure in Japan, Thailand and China, the development of high-performance filter media, and the acquisition of new customers in Asia. - FY2018-Q3RestatedAnnual report
「In this environment, our Group has focused on overseas markets, primarily in Asia, pursuing new-customer acquisition and sales expansion while working to develop higher-performance versions of existing products and commercialize and roll out new products.」
The Group continues to focus on overseas markets, particularly Asia, acquire new customers, expand sales, develop higher-performance products, and commercialize and roll out new products. - FY2018-Q2RestatedAnnual report
「In this environment, our Group has focused on overseas markets, primarily in Asia, pursuing new-customer acquisition and sales expansion while working to develop higher-performance versions of existing products and commercialize and roll out new products.」
The Group continues to focus on overseas markets, particularly Asia, expand sales, develop higher-performance products, and commercialize new products. No new numerical targets or achievement milestones have been disclosed. - FY2018-Q1RestatedAnnual report
「In this environment, our Group has focused on overseas markets, primarily in Asia, pursuing new-customer acquisition and sales expansion while working to develop higher-performance versions of existing products and commercialize and roll out new products.」
The Group continues to focus on overseas markets, particularly Asia, acquire new customers, and expand sales. No new numerical targets or achievement milestones have been disclosed. - FY2017-Q3AdvancedAnnual report
「The two companies also entered into a joint venture agreement dated 30 November 2016. The agreement provides for the establishment of Chuzhou Guofeng Awa Filtering Materials Co.,Ltd. to process and sell filter media for automobile engines.」
Following the Board resolution to establish a joint venture for the automobile engine filter-media business in China, the parties entered into a joint venture agreement on 30 November 2016. Capital was set at RMB16 million, Awa Paper Co., Ltd. held a 25% stake, and establishment was scheduled for February 2017. - FY2017-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 17 October 2016, we resolved to establish Chuzhou Guofeng Awa Filtering Materials Co.,Ltd., a joint venture with Anhui Fengyang Guofeng Ecological Technology Materials Co., Ltd. to process and sell filter media for automobile engines. 」
The Board resolved to establish a joint venture with a local Chinese company for the automobile engine filter-media business. Establishment was scheduled for January 2017, with Awa Paper Co., Ltd. holding a 25% stake. - FY2017-Q1RestatedAnnual report
「In this environment, our Group has focused on overseas markets, primarily in Asia, pursuing new-customer acquisition and sales expansion while working to commercialize and roll out new products.」
The Group continues to focus on overseas markets, particularly Asia, acquire new customers, and expand sales. No new numerical targets or specific achievement milestones have been disclosed. - FY2016First statedAnnual report
「For engine filter media, we aim to expand sales by developing products that meet market requirements in the growing markets of India and Southeast Asia. In China, we will work to expand sales by strengthening price competitiveness through collaboration with partner companies.」
The company has set out plans to develop products for India and Southeast Asia, collaborate with partners in China, and strengthen its global production and sales structure.