Overseas Business Expansion and Earnings Improvement
First written in FY2016. 30 of 32 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2020: 13 of 73 companies on the "Worse" side.
51 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Overseas, in July last year, Tri-Wall (Hong Kong) acquired a 100% interest in Scat, an Italian manufacturer of heavy-duty packaging materials. In November, Tricor's new plant in Germany commenced operations, as did the new plant of Fengyuan Tetra Pak Packaging (Shandong) Co., Ltd. in China, which was established in 2024, further enhancing our global strategy.」
The acquisition of a 100% interest in an Italian company and the start of operations at new plants in Germany and China provided concrete expansion of the overseas business, including Europe and China. - 2026-05-14AdvancedRevision of earnings forecasts
「Overseas, in July last year, Tri-Wall (Hong Kong) acquired a 100% interest in Scat, an Italian manufacturer of heavy-duty packaging materials. In November, Tricor's new plant in Germany commenced operations, as did the new plant of Fengyuan Tetra Pak Packaging (Shandong) Co., Ltd. in China, which was established in 2024, further enhancing our global strategy.」
In addition to the acquisition in Italy, new plants commenced operations in Germany and China, expanding the foundation for the overseas business. - FY2026-H1AdvancedAnnual report
「Overseas, in July, Tri-Wall (Hong Kong) acquired a 100% interest in Scatol, an Italian heavy-duty packaging materials manufacturer, further strengthening its global strategy.」
Tri-Wall acquired a 100% interest in an Italian heavy-duty packaging materials manufacturer, expanding the geographic reach and global platform of its overseas business. - FY2025AdvancedAnnual report
「Overseas, in August of the previous year, Tri-Wall (Hong Kong) acquired an equity stake in Concept Packaging, a U.S. heavy-duty packaging materials manufacturer. In December, it acquired shares in Pronk India, and in March of the current year acquired an interest in Pronk Dubai in the United Arab Emirates, further strengthening its global strategy.」
The equity investment in a U.S. company and the acquisitions of shares in an Indian company and an interest in a Dubai company further expanded the geographic reach and platform of the overseas business. - FY2025-H1AdvancedAnnual report
「Overseas, in August, Tri-Wall (Hong Kong) acquired an equity stake in Concept Packaging, a U.S. heavy-duty packaging materials manufacturer, further strengthening its global strategy.」
Tri-Wall’s equity investment in a U.S. heavy-duty packaging materials manufacturer further expanded the foundation of its overseas business. - FY2024AdvancedAnnual report
「Overseas, in April 2023, トライコー社 (Germany) decided to build a new plant using state-of-the-art technology. In May, a new company established in China by Tri-Wall (Hong Kong) began commercial operations, and in October the company made Jecoynsa, which operates mainly in Spain as well as Portugal and Morocco, a subsidiary, further strengthening its heavy-duty packaging materials business. In the same month, it acquired shares in Vervin Containers, an Indian corrugated manufacturer, changing its name to Vervin Rengo Containers, further enhancing its global strategy.」
The new German plant, the start of commercial operations at the new Chinese company, the acquisition of Jecoynsa as a subsidiary, and the acquisition of shares in an Indian company concretely expanded the overseas business, including regions beyond Europe, Asia, and North America. - FY2024-Q3AdvancedAnnual report
「During the cumulative first 3 quarters, sales by the overseas-related business increased substantially due to an increase in consolidated subsidiaries. As a result, sales for the overseas-related business during the cumulative first 3 quarters were ¥148,021 million, or 112.9% of the year-earlier level.」
Against a backdrop of increased consolidated subsidiaries, sales by the overseas-related business expanded to ¥148,021 million, or 112.9% of the year-earlier level. - FY2024-Q2AdvancedAnnual report
「Overseas, in April, トライコー社 (Germany) decided to build a new plant using state-of-the-art technology. In May, a new company established in China by Tri-Wall (Hong Kong) began commercial operations, further strengthening the heavy-duty packaging materials business.」
The decision to build a new plant in Germany and the start of commercial operations at the new Chinese company provided concrete expansion of the overseas heavy-duty packaging materials business. - FY2024-Q1AdvancedAnnual report
「Special King Environmental Protection Packaging (Chuzhou) Co., Ltd. and TW America Packaging Solutions have been included in the scope of consolidation from the first quarter because they were newly established.」
The company expanded the geographic reach and consolidation base of its overseas business by establishing and consolidating new companies in China and the United States. - FY2023AdvancedAnnual report
「Overseas, the company established Rengo Europe in Germany in May 2022 to further focus on its European operations. In June, Rengo Europe and トライコー社 (Germany) made Tim Packaging Systems, a German heavy-duty packaging materials manufacturer, a subsidiary, changing its name to トライコー・パッケージング・システムズ社. In August, Tri-Wall (Hong Kong) made a British corrugated manufacturer a subsidiary, and in September acquired the business of a U.S. heavy-duty packaging materials manufacturer, further strengthening its global heavy-duty packaging materials business.」
The establishment of Rengo Europe and acquisitions and subsidiary consolidations in Germany, the United Kingdom, and the United States advanced the expansion of the overseas business, including Europe and North America. - FY2023-Q3AdvancedAnnual report
「The overseas-related business reported higher revenue and operating profit due to an increase in consolidated subsidiaries and progress in price revisions in Europe. As a result, segment revenue was ¥131,126 million, or 144.8% year on year, and operating profit was ¥6,050 million, or 167.8%.」
Against a backdrop of increased consolidated subsidiaries and price revisions in Europe, revenue from the overseas-related business expanded to ¥131,126 million and operating profit to ¥6,050 million. - FY2023-Q2AdvancedAnnual report
「Overseas, the company established Rengo Europe in Germany in May 2022 to further focus on its European operations. In June, Rengo Europe and トライコー社 (Germany) made Tim Packaging Systems, a German heavy-duty packaging materials manufacturer, a subsidiary, changing its name to トライコー・パッケージング・システムズ社. In August, Tri-Wall (Hong Kong) made a British corrugated manufacturer a subsidiary, and in September acquired the business of a U.S. heavy-duty packaging materials manufacturer, further strengthening its global heavy-duty packaging materials business.」
The establishment of Rengo Europe and the acquisitions of subsidiaries and businesses in Germany, the United Kingdom, and the United States gave concrete form to the expansion of the overseas business, centered on Europe. - FY2023-Q1AdvancedAnnual report
「The overseas-related business reported higher revenue and operating profit due to strong automotive-related orders in Europe and North America. As a result, segment revenue was ¥35,337 million, or 123.5% year on year, and operating profit was ¥1,391 million, or 123.5%.」
Strong automotive-related orders in Europe and North America drove revenue and operating profit in the overseas-related business to 123.5% of the year-earlier levels. - FY2022-Q3AdvancedAnnual report
「The overseas-related business reported higher revenue and operating profit as demand, which had declined due to the spread of COVID-19, began to recover. As a result, segment revenue was ¥90,564 million, or 143.5% year on year, and operating profit was ¥3,606 million, or 180.4%.」
In addition to the recovery in overseas demand, revenue from the overseas-related business expanded to ¥90,564 million and operating profit to ¥3,606 million, marking concrete progress in improving the profitability of the overseas business. - FY2022-Q2AdvancedAnnual report
「Overseas, in August 2021, Thai Containers Group acquired shares in an Indonesian corrugated manufacturer through a subsidiary to strengthen its corrugated business in the country. In September, Vina Kraft Paper decided to build a corrugated medium production site in Vietnam to meet strong demand for corrugated products there.」
The company’s overseas expansion measures took concrete form through the acquisition of an Indonesian corrugated manufacturer and the decision to build a corrugated medium production site in Vietnam. - FY2021-Q2AdvancedAnnual report
「川沃包装工程(常州)有限公司 has been included in the scope of consolidation from the second quarter because it was newly established.」
The company advanced its overseas expansion by establishing a new company in China and including it in the scope of consolidation from the second quarter. - FY2020-Q3AdvancedAnnual report
「秦皇島特耐王包装有限公司 has been included in the scope of consolidation from the third quarter because it was newly established.」
The company expanded its overseas footprint by establishing a new company in China and including it in the scope of consolidation from the third quarter. - FY2020-Q2AdvancedAnnual report
「Overseas, in August, Tri-Wall (Hong Kong) made トライコー社 and グットマン社 in Germany subsidiaries, expanding its heavy-duty packaging business in the country, one of Europe’s major economies.」
The company advanced the expansion of its heavy-duty packaging business in Europe by making トライコー社 and グットマン社 in Germany subsidiaries. - FY2020-Q1AdvancedAnnual report
「セッツカートンベトナム社 has been included in the scope of consolidation from the first quarter because its materiality increased. TWメキシコ・パッケージング・ソリューションズ社 and one other company have been included in the scope of consolidation from the first quarter because they were newly established.」
The scope of overseas consolidation was expanded by consolidating the Vietnamese subsidiary and 2 newly established subsidiaries, including the one in Mexico. The company also resolved to acquire 100% of 2 German heavy-duty packaging companies, scheduled for 20 August 2019. - FY2019AdvancedAnnual report
「Overseas, Tri-Wall (Hong Kong) made heavy-duty packaging materials manufacturers in the United States in April 2018 and the United Kingdom in October 2018 subsidiaries, and established subsidiaries in Turkey and Mexico in February 2019, further expanding its heavy-duty packaging business around the world.」
The company further expanded the geographic reach of its heavy-duty packaging business by making companies in the United States and United Kingdom subsidiaries and establishing subsidiaries in Turkey and Mexico. - FY2019-Q3AdvancedAnnual report
「The overseas-related business reported higher revenue and operating profit due to an increase in consolidated subsidiaries and steady performance in the corrugated and heavy-duty packaging businesses. As a result, segment revenue was ¥55,729 million, up 16.6% year on year, and operating profit was ¥2,607 million, up 45.7%.」
Revenue and operating profit in the overseas business increased due to the rise in consolidated subsidiaries and steady performance in the corrugated and heavy-duty packaging businesses. - FY2019-Q2AdvancedAnnual report
「In April 2018, Tri-Wall (Hong Kong) made a U.S. heavy-duty packaging materials manufacturer a subsidiary, strengthening its heavy-duty packaging business in the country.」
Tri-Wall made a U.S. heavy-duty packaging materials manufacturer a subsidiary, advancing the expansion of its overseas operations. The company also reported additions of newly established and acquired companies, as well as the transfer and liquidation of certain companies, within the scope of overseas consolidation. - FY2019-Q1AdvancedAnnual report
「The overseas-related business reported higher revenue and operating profit due to an increase in consolidated subsidiaries and steady performance in the corrugated business.」
The increase in consolidated subsidiaries and steady performance in the corrugated business translated into higher revenue and operating profit in the first quarter, reflecting progress in overseas expansion. - FY2018AdvancedAnnual report
「Overseas, in April 2017, Thai Containers Group made an Indonesian corrugated manufacturer a subsidiary to strengthen its corrugated business in the country. Tri-Wall (Hong Kong) also established a joint venture in the United States to manufacture and sell heavy-duty packaging materials, acquired heavy-duty packaging materials manufacturers in Poland in June and the United Kingdom in July, and expanded production capacity in Thailand in January 2018 to meet rising demand for heavy-duty packaging.」
The company concretely expanded its overseas operations through acquisitions of subsidiaries, joint-venture formations, and production-capacity expansion in Indonesia, the United States, Poland, the United Kingdom, and Thailand. - FY2018-Q3AdvancedAnnual report
「The overseas-related business reported higher revenue and operating profit, supported by contributions from Tri-Wall Holdings, which became a consolidated subsidiary, and strong performance in the corrugated business. As a result, segment revenue was ¥47,785 million, up 173.6% year on year, and operating profit was ¥1,789 million, up 269.6%.」
Revenue and operating profit in the overseas-related business increased substantially. The company also expanded the scope of overseas consolidation through the acquisition of shares in TPMS Poland and Welsh Boxes and Engineering Holdings, among others. - FY2018-Q2AdvancedAnnual report
「The overseas-related business reported higher revenue and operating profit, supported by contributions from Tri-Wall Holdings, which became a consolidated subsidiary, and strong performance in the corrugated business. As a result, segment revenue was ¥29,980 million, up 156.7% year on year, and operating profit was ¥1,094 million, up 381.9%.」
The overseas-related business saw substantial increases in revenue and operating profit due to the consolidation of Tri-Wall as a subsidiary and strong performance in the corrugated business. - FY2018-Q1AdvancedAnnual report
「The overseas-related business reported higher revenue and operating profit as the performance of the Tri-Wall Group began contributing from the first quarter. As a result, segment revenue was ¥14,522 million, up 128.0% year on year, and operating profit was ¥428 million, up 520.3%.」
The Tri-Wall Group’s contribution to results emerged for the first time in the first quarter, significantly increasing revenue and operating profit in the overseas-related business. - FY2017AdvancedAnnual report
「The company will expand its overseas operations as a future growth area while actively pursuing measures to use management resources more effectively through “selection and concentration.” In October 2016, it added the Tri-Wall Group, a globally recognized brand in heavy-duty corrugated packaging, to the Group, aiming to further improve service quality by expanding its product lineup.」
In addition to making the Tri-Wall Group a subsidiary, the company is pursuing specific measures to expand its overseas operations, including expanding corrugated medium production facilities in Vietnam and establishing a Thai joint-venture sales company in April 2017. - FY2017-Q3AdvancedAnnual report
「During the cumulative first 3 quarters, production of corrugated board and corrugated boxes by the overseas-related business increased substantially, supported by proactive sales activities.」
Against a backdrop of proactive sales activities, production by the overseas-related business expanded to 204 million square meters of corrugated board and 184 million square meters of corrugated boxes. - FY2017-Q2AdvancedAnnual report
「In May, 江蘇中金瑪泰医薬包装有限公司 (Lianyungang, Jiangsu Province, China) expanded its facilities by adding a new plant for pharmaceutical packaging materials to expand its business in China’s rapidly growing pharmaceutical market.」
The company implemented a specific capacity expansion measure, adding a new plant for pharmaceutical packaging materials to expand its business in China’s pharmaceutical market. - FY2017-Q1RestatedAnnual report
「In its overseas operations, the company is using its top-level packaging technology developed over many years to meet customers’ packaging needs while contributing to the packaging culture and economic development of the regions in which it operates.」
The overseas operations are using packaging technology to meet customer needs and contribute to the regions in which they operate. - FY2016First statedAnnual report
「The company will consider expanding into new overseas markets as a driver of future growth. In its existing overseas operations, it will expand business with Japanese and multinational companies and promote localization by effectively using the networks it has built in Japan and overseas. At the same time, under the guiding principle of “selection and concentration,” it will review the allocation of management resources to improve profitability. It is also working to develop human resources capable of operating in a global environment.」
The company is combining new market expansion, increased business with existing customers, localization, selection and concentration, and the development of globally capable personnel.