Construction of New Factories in Vietnam and Indonesia and Expansion of Production Capacity
First written in FY2017. 7 of 8 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2024.
126 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Significant additions to property, plant and equipment Company Location Segment Description Total investment (¥ million) Completion date PT. NICHIRIN INDONESIA Indonesia West Java Asia Land for warehouse ¥672 million April 2024 Warehouse building construction ¥261 million July 2024 Electrical equipment and other ancillary works and fixtures ¥63 million」
In Indonesia, ¥672 million of investment in warehouse land, ¥261 million in a warehouse building and ¥63 million in ancillary equipment were completed in April and July 2024, advancing the expansion of the production and logistics infrastructure. - FY2024-H1AdvancedAnnual report
「PT. NICHIRIN INDONESIA, Indonesia, West Java, Asia, land for a warehouse, ¥646 million, April 2024」
The Company reports that the acquisition of land for a warehouse in West Java, Indonesia, was completed in April 2024 at a total investment of ¥646 million. - FY2020AdvancedAnnual report
「The Group invested ¥2,261 million in capital expenditures, including ¥171 million for renewal of the Company's power receiving and substation equipment, ¥168 million for automotive hose equipment, ¥135 million for a warehouse at Nichirin Vietnam Company Limited in Asia, and ¥72 million for automotive hose equipment in Asia, as well as company-wide rationalization and renewal of production equipment.」
The Company made capital investments including a warehouse and automotive hose equipment in Vietnam, and disclosed the continuation of overseas production capacity expansion. - FY2019AdvancedAnnual report
「Nichirin Vietnam Company Limited, new plant building, ¥698 million, March 2019; automotive hose equipment, ¥302 million, April 2019, ¥271 million, October 2019; PT. Nichirin Indonesia, automotive hose equipment, ¥160 million, November 2019」
The new plant building and hose equipment in Vietnam, and the hose equipment in Indonesia, were completed during 2019, advancing production capacity expansion at both sites. - FY2019-Q2AdvancedAnnual report
「Nichirin Vietnam Company Limited, Vietnam, Bac Giang Province, Asia, new plant building, ¥698 million, March 2019; automotive hose equipment, ¥302 million, April 2019」
The new plant building in Vietnam planned in the previous fiscal year was completed in March 2019, and the automotive hose equipment was also completed in April 2019. - FY2019-Q1AdvancedAnnual report
「Of the major capital expenditure projects that were planned at the end of the previous consolidated fiscal year, the following were completed during the three months ended the first quarter: Nichirin Vietnam Company Limited Vietnam Bac Giang Province Asia New factory building 698 March 2019」
The new plant building in Vietnam planned in the previous fiscal year was completed in March 2019, advancing the expansion of production capacity in Vietnam. - FY2018-Q1AdvancedAnnual report
「The following newly approved major capital expenditure plans were identified during the three months ended the first quarter: Nichirin Vietnam Company Limited Vietnam Bac Giang Province Asia Automotive hose equipment 345 Internal funds April 2018 February 2019 258 Internal funds March 2019 December 2020 Subtotal 603」
In connection with the new plant planned in Vietnam in the previous fiscal year, plans for a ¥603 million addition of automotive hose equipment became concrete. The scheduled construction period was also specified as running from April 2018 to December 2020. - FY2017First statedAnnual report
「The Group needs to address these important issues intensively, including the expansion of plants at its Vietnamese and Indonesian subsidiaries and factors that are putting pressure on earnings, such as the rapidly advancing shift to electric vehicles. Planned investment in the new plant building of Nichirin Vietnam Company Limited is ¥660 million, with construction scheduled to begin in February 2018 and be completed in October 2018. For PT. Nichirin Indonesia, planned investment in the new plant building is ¥119 million and in automotive hose equipment is ¥190 million, with completion scheduled for June 2018 and August 2018, respectively.」
Plans were disclosed for a new plant building in Vietnam costing ¥660 million, and a new plant building in Indonesia costing ¥119 million plus automotive hose equipment costing ¥190 million, with construction and completion scheduled during 2018.