Customer Diversification and Business Expansion in Global Markets
First written in FY2016. 12 of 19 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2023: 1 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Under its customer strategy, the company broadly approached automotive OEMs and Tier 1 manufacturers and pursued the development of new customers without being constrained by existing business relationships. In particular, it strengthened its ability to propose technologies, leading to orders for new products using the world's first see-through decoration technology and high-voltage busbars for electric vehicles amid the progress of vehicle electrification.」
The company continued its broad approach to OEMs and Tier 1 manufacturers, leading to orders for see-through decoration products and high-voltage busbars for electric vehicles. Initiatives to expand new customers and sales channels are progressing to the order stage. - FY2026-H1AdvancedAnnual report
「In North America, although revenue declined due to lower customer production volumes and tooling sales in Mexico, revenue increased by ¥1,920 million, or 8.2%, from the same period of the previous year to ¥25,203 million due to higher customer production volumes in the U.S. and increased sales accompanying new orders for exterior parts. In China and South Korea, although South Korea generated new revenue from its design business in the home appliance sector, revenue decreased by ¥1,079 million, or 22.4%, from the same period of the previous year to ¥3,743 million due to lower tooling sales in China.」
With respect to customer and market diversification, higher revenue associated with new orders for exterior parts in North America and new revenue from the home appliance design business in South Korea were confirmed. - FY2025AdvancedAnnual report
「As part of its customer strategy, the company approached automotive OEMs and Tier 1 manufacturers broadly, leading to orders for new products using the world's first see-through decoration technology and high-voltage busbars for electric vehicles.」
The company made its approach to customer diversification and global expansion more specific by broadly targeting OEMs and Tier 1 manufacturers, leading to orders for see-through decoration products and high-voltage busbars for electric vehicles. - FY2025-H1RestatedAnnual report
「Strengthening marketing activities and product development to acquire new businesses that capitalize on the potential of plastics」
The company continues to strengthen marketing and product development to acquire new businesses and expand its customer base and markets. No results such as new order value or customer numbers were disclosed. - FY2024AdvancedAnnual report
「As specific initiatives, in the customer area we strengthened sales expansion activities by increasing opportunities at trade shows for OEMs to propose new products and technologies.」
The approach to expanding the customer base and sales channels was made more specific by strengthening proposals for new products and technologies at trade shows for OEMs. - FY2024-Q2AdvancedAnnual report
「In Japan, revenue increased by ¥8,962 million, or 19.6%, from the same period of the previous year to ¥54,749 million due to higher production volumes at major customers and increased sales to OEMs.」
Higher sales to OEMs were reflected in 19.6% year-on-year revenue growth in the Japan segment. Progress in expanding the customer base and sales channels has been demonstrated in measurable terms. - FY2024-Q1AdvancedAnnual report
「In Japan, revenue increased by ¥5,266 million, or 26.1%, from the same period of the previous year to ¥25,437 million due to higher production volumes at major customers and higher sales to strategic OEMs alongside the expansion of sales channels.」
The expansion of sales channels and higher sales to strategic OEMs were reflected in 26.1% year-on-year revenue growth in the Japan segment. Measurable progress has been made in initiatives to expand the customer base and sales channels. - FY2023AdvancedAnnual report
「In Japan, despite the impact of the global semiconductor shortage and other factors, revenue increased by ¥14,808 million, or 16.2%, from the previous fiscal year to ¥105,956 million. This reflected higher production volumes at major customers, changes in the model mix, higher sales to strategic OEMs as part of efforts to expand sales channels, and the pass-through to selling prices of higher raw material and energy costs.」
Higher sales to strategic OEMs as part of efforts to expand sales channels were reflected in 16.2% year-on-year revenue growth in the Japan segment. - FY2023-Q3AdvancedAnnual report
「In Japan, despite the impact of the global semiconductor shortage and other factors, revenue increased by ¥9,332 million, or 14.3%, from the same period of the previous year to ¥74,583 million. This reflected higher production volumes at major customers, changes in the model mix, and higher sales to strategic OEMs as part of efforts to expand sales channels.」
Higher sales to strategic OEMs as part of efforts to expand sales channels were reflected in 14.3% year-on-year revenue growth in Japan. Measurable progress has been made in initiatives to expand the customer base and sales channels. - FY2023-Q2AdvancedAnnual report
「In Japan, despite the impact of the spread of COVID-19, the global semiconductor shortage and other factors, revenue increased by ¥4,241 million, or 10.2%, from the same period of the previous year to ¥45,787 million. This reflected the recovery trend in production volumes at major customers and higher sales to strategic OEMs as part of efforts to expand sales channels.」
Higher sales to strategic OEMs as part of efforts to expand sales channels were reflected in 10.2% year-on-year revenue growth in the Japan segment. Measurable progress has been made in initiatives to expand the customer base and sales channels. - FY2023-Q1RestatedAnnual report
「In Japan, although sales to strategic OEMs, in particular, increased,」
The company reported higher sales to strategic OEMs, reaffirming the implementation of its customer strategy. However, Japan overall posted lower revenue due to reduced production and other factors, and no new achievement in customer diversification or global expansion was explicitly stated. - FY2022-Q3AdvancedAnnual report
「For the first 3 quarters of the current consolidated fiscal year, consolidated revenue decreased by ¥21,715 million, or 20.4%, from the same period of the previous year to ¥84,533 million. Although revenue increased as a result of expanding sales channels, this was more than offset by lower production volumes at customers and the impact of changes in accounting standards, among other factors.」
The company reported higher revenue from expanding sales channels, indicating progress in initiatives to expand its customer base and markets. Consolidated revenue, however, declined due to lower production volumes at customers and the impact of changes in accounting standards. - FY2021RestatedAnnual report
「1) Secure stable orders by strengthening our understanding of customer needs, promoting development proposals, and expanding sales of strategic products. 2) Make full use of our business locations to enhance our ability to serve customers globally. 3) Promote customer diversification and consideration of responses to new fields.」
The company continues to pursue customer needs, global customer service, customer diversification and responses to new fields as its customer strategy. - FY2020RestatedAnnual report
「1) Secure stable orders by strengthening our understanding of customer needs, promoting development proposals, and expanding sales of strategic products. 2) Make full use of our business locations to enhance our ability to serve customers globally. 3) Promote customer diversification and consideration of responses to new fields.」
Under the customer strategy of the new medium-term management plan, the company maintains its policies on responding to customer needs, serving global customers, and diversifying customers and addressing new fields. - FY2019RestatedAnnual report
「3. Promote efforts to diversify customers and consider responding to new fields.」
The new medium-term management plan also identifies customer diversification and efforts to address new fields as initiatives under the customer strategy. - FY2017RestatedAnnual report
「We are pursuing customer diversification and business expansion in global markets, using our domestic business as a foundation.」
The company has reaffirmed its policy of expanding its customer base and markets while maintaining its domestic foundation. - FY2016First statedAnnual report
「We have pursued customer diversification and business expansion in global markets, using our domestic business as a foundation.」
The company indicates a direction of diversifying its customer base and markets while maintaining its domestic foundation.