Business expansion in China and expansion of the sales network and local production facilities
First written in FY2016. 10 of 12 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022AdvancedAnnual report
「Centered on our Niigata plant, our main plant, and our Hubei plant in China, which commenced full-scale operations in January 2021 and also provides technical support functions, we will establish a global production structure capable of steadily supplying high-quality products that meet customer requirements and responding to disasters and geopolitical risks.」
The Hubei plant in China entered full-scale operation, advancing the development of local production and technical service facilities in China from the planning stage to the operating stage. - FY2020-Q3AdvancedAnnual report
「Property, plant and equipment increased slightly to ¥8,071 million as the increase in construction in progress related to the construction of a plant by JCU表面技術（湖北）有限公司 outweighed decreases in investment securities and deferred tax assets.」
Construction in progress related to construction of the Hubei plant increased, and development of local production facilities in China continues to progress. - FY2020-Q2AdvancedAnnual report
「Although construction in progress related to the construction of a plant by JCU表面技術（湖北）有限公司 increased, property, plant and equipment decreased by ¥154 million, or 1.9%, to ¥7,916 million due to decreases in investment securities following their sale and in deferred tax assets.」
Construction in progress related to construction of the Hubei plant increased, and development of local production facilities in China continues to progress. - FY2020-Q1AdvancedAnnual report
「Although construction in progress related to the construction of a plant by JCU表面技術（湖北）有限公司 increased, property, plant and equipment decreased by ¥30 million, or 0.4%, to ¥8,040 million due to decreases in investment securities and deferred tax assets.」
An increase in construction in progress related to construction of the Hubei plant was confirmed, and development of local production facilities in China continues to progress. - FY2019AdvancedAnnual report
「The Group has identified business expansion in China as the primary factor for achieving growth, and intends to continue focusing on expanding its sales network and enhancing its local production facilities.」
The Company invested ¥486 million in the Hubei plant during the current consolidated fiscal year, making concrete progress in developing a local production facility. - FY2019-Q3AdvancedAnnual report
「Although construction in progress related to the construction of a plant by JCU表面技術（湖北）有限公司 increased, property, plant and equipment decreased by ¥400 million, or 5.0%, to ¥7,690 million due to decreases in investment securities and deferred tax assets.」
Construction in progress for the Hubei plant increased, and development of local production facilities in China continues to progress. - FY2019-Q2AdvancedAnnual report
「Property, plant and equipment increased by ¥82 million, or 1.0%, to ¥8,173 million, mainly due to an increase in construction in progress related to the construction of a plant by JCU表面技術（湖北）有限公司.」
An increase in construction in progress related to the construction of a plant in Hubei Province, China, was confirmed, and development of a local production facility for the China business is progressing. - FY2019-Q1AdvancedAnnual report
「Property, plant and equipment increased by ¥85 million, or 1.1%, to ¥8,177 million, mainly due to an increase in construction in progress related to the construction of a plant by JCU表面技術（湖北）有限公司.」
An increase in construction in progress related to the construction of a plant in Hubei Province, China, was confirmed, indicating that the development of a local production facility for the China business has moved into the execution stage. - FY2018AdvancedAnnual report
「November 2017: Established JCU表面技術(湖北)有限公司 in China (consolidated subsidiary)」
The establishment of a wholly owned subsidiary in Hubei Province to expand the China business and enhance the sales network and local production facilities moved into the execution stage. - FY2018-Q2AdvancedAnnual report
「Sales in China have grown to account for 1/3 of total group sales, and the importance of the Chinese market is expected to increase further. To address this, we aim to strengthen our China business by establishing a new subsidiary with manufacturing and technical services capabilities.」
As sales in China grew to one-third of total Group sales, the Company decided to establish a subsidiary with manufacturing and technical service functions to strengthen its China business. - FY2017RestatedAnnual report
「The Group has identified business expansion in China by its Chinese subsidiaries as the primary factor for achieving growth, and intends to continue focusing on expanding its sales network and enhancing its local production facilities.」
It reiterates business expansion by its Chinese subsidiaries, expansion of the sales network and enhancement of local production facilities as growth drivers. - FY2016First statedAnnual report
「The Group has identified business expansion in China by its Chinese subsidiaries as the primary factor for achieving growth, and intends to continue focusing on expanding its sales network and enhancing its local production facilities.」
It positions business expansion by its Chinese subsidiaries as the primary growth driver.