Establishment of China Sales Base and Overseas Expansion
First written in FY2020-Q2. 3 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2025.
0 other companies' latest entry also says "Other".
- FY2025Decline in export value and export ratioAnnual report
「Asia: ¥5,862.711 million, representing 88.3%; total export sales: ¥6,639.841 million; exports as a percentage of sales: 50.1%. / Asia: ¥6,022.872 million, representing 91.5%; total export sales: ¥6,579.770 million; exports as a percentage of sales: 47.0%.」
Export sales declined from ¥6,639.841 million in the previous fiscal year to ¥6,579.770 million, and exports as a percentage of sales also fell from 50.1% to 47.0%. In contrast, Asia's share rose from 88.3% to 91.5%. - FY2024Higher export ratio, lower export valueAnnual report
「Asia: ¥5,862.711 million, representing 88.3%; total export sales: ¥6,639.841 million; exports as a percentage of sales: 50.1%.」
Export sales declined from ¥6,810.580 million in the previous fiscal year to ¥6,639.841 million, while exports as a percentage of sales rose from 47.7% to 50.1%. Asia's share also increased from 87.6% to 88.3%. - FY2023AdvancedAnnual report
「米来迩商貿 (Shanghai) Co., Ltd. People's Republic of China, Shanghai Conducts overseas sales activities for the Company's products. / Asia: ¥5,964.874 million, representing 87.6%; total export sales: ¥6,810.580 million; exports as a percentage of sales: 47.7%.」
Under the structure in which the Shanghai entity handled overseas sales, export sales were ¥6.811 billion, exports accounted for 47.7% of sales, and Asia accounted for 87.6% of export sales. The scale of export sales increased from ¥5.221 billion, or 44.8%, in the previous fiscal year. - FY2022AdvancedAnnual report
「Major export destinations and export sales were Asia: ¥4,569.221 million, representing 87.5%; total export sales: ¥5,221.420 million; exports as a percentage of sales: 44.8%.」
Under the overseas sales structure, including the Shanghai entity, export sales were ¥5.221 billion, exports accounted for 44.8% of sales, and Asia accounted for 87.5% of export sales. The scale of overseas operations increased from the previous fiscal year. - FY2021AdvancedAnnual report
「米来迩商貿 (Shanghai) Co., Ltd. People's Republic of China, Shanghai Conducts overseas sales activities for the Company's products. / Asia ¥3,407,022 thousand 86.7%」
The Shanghai entity established in 2019 served as a consolidated subsidiary responsible for overseas sales throughout the year. Export sales to Asia were ¥3,407 million, accounting for 86.7% of total export sales. - FY2020-Q3RestatedAnnual report
「米来迩商貿（上海）有限公司 was newly established on 9 May 2019 and has been included in the scope of consolidation from the second-quarter consolidated accounting period.」
The status of the Shanghai entity established on 9 May 2019 as a consolidated entity from the second-quarter consolidated accounting period was reconfirmed in the business description and notes. - FY2020-Q2First statedAnnual report
「米来迩商貿（上海）有限公司 was newly established on 9 May 2019 and included in the scope of consolidation from the second-quarter consolidated accounting period.」
A Shanghai-based company was newly established on 9 May 2019 and added to the scope of consolidation from the second-quarter consolidated accounting period. The establishment of a new base for sales and business expansion in China became concrete.