Consolidation of Taiwan Subsidiary and Change in Reportable Segments to Japan and Asia
First written in FY2024-Q1. 3 of 8 entries say "Advanced", first in FY2024. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Full-Year Decline in Sales and Profit in the Asia SegmentAnnual report
「In Asia, net sales to external customers for the current consolidated fiscal year were ¥2,307 million, down 14.8% year on year, and segment profit (operating profit) was ¥196 million, down 32.3%.」
The Asia segment, including the Taiwanese subsidiary, recorded lower full-year net sales to external customers and segment profit than in the same period of the previous year. The disclosure cites sluggish textile market conditions, customers suspending orders after suffering flood damage, and the global downturn in apparel demand. - FY2026-H1Declines in net sales and profit in the Asia segmentAnnual report
「In Asia, net sales to external customers for the current interim consolidated accounting period were ¥1,128 million, down 15.6% year on year, and segment profit (operating profit) was ¥87 million, down 44.1%.」
The Asia segment, including the Taiwanese subsidiary, recorded lower net sales to external customers and segment profit than in the same period of the previous year. Although the company pursued expanded sales to new customers, this did not offset the decline in orders from existing customers. - FY2025AdvancedAnnual report
「The voting rights ratio represented by the additionally acquired shares was 5.0%, bringing the total voting rights ratio to 55.0% following the transaction.」
On 31 December 2024, the company additionally acquired a 5.0% interest in the Taiwanese subsidiary from non-controlling shareholders, raising the total voting rights ratio to 55.0%. For the full year, the Asia segment recorded net sales of ¥2,708 million and segment profit of ¥290 million. - FY2025-H1AdvancedAnnual report
「In Asia, net sales to external customers for the current interim consolidated accounting period were ¥1,337 million, up 1.7% year on year, and segment profit (operating profit) was ¥157 million, up 14.1%.」
The interim results for the Asia segment, including the Taiwanese subsidiary, were net sales to external customers of ¥1,337 million and segment profit of ¥157 million, up 1.7% and 14.1%, respectively, year on year. - FY2024AdvancedAnnual report
「In Asia, sales to external customers for the current consolidated fiscal year were ¥2,614 million, and segment profit (operating profit) was ¥312 million.」
The company reported full-year results for the "Asia" segment, including the Taiwanese subsidiary, on a full-year basis for the first time. Sales to external customers were ¥2,614 million and segment profit was ¥312 million. Sales increased from ¥809 million in the previous year, including the consolidation of the Taiwanese subsidiary. - FY2024-Q3RestatedAnnual report
「Beginning with the previous consolidated fiscal year, the company reviewed its method of classifying business segments and changed its reportable segments from the former "Japan" and "Indonesia" segments to "Japan" and "Asia." Because it would be practically difficult to prepare the reportable segments for the cumulative third quarters of the previous and current consolidated fiscal years under the same conditions as their respective comparative periods, this information has not been disclosed.」
The company continues to use the treatment of changing its reportable segments to "Japan" and "Asia" and not disclosing comparative information because it is difficult to prepare the comparative periods under the same conditions. - FY2024-Q2Non-disclosure of segment comparative informationAnnual report
「Beginning with the previous consolidated fiscal year, the company reviewed its method of classifying business segments and changed its reportable segments from the former "Japan" and "Indonesia" segments to "Japan" and "Asia." Because it would be practically difficult to prepare the reportable segments for the cumulative second quarters of the previous and current consolidated fiscal years under the same conditions as their respective comparative periods, this information has not been disclosed.」
The company continues to disclose the change in reportable segments to "Japan" and "Asia" and does not disclose segment comparative information because it is difficult to prepare the comparative periods under the same conditions. - FY2024-Q1First statedAnnual report
「From the current fiscal year, the performance of the Taiwanese subsidiary has been included in the consolidated results, resulting in sales of ¥10,517 million, up 0.2% year on year.」
The Taiwanese subsidiary was included in consolidated results from the current fiscal year. Reportable segments were also changed from Japan and Indonesia to Japan and Asia.