Impact on subsidiaries from anti-Korean sentiment in China
First written in FY2018-Q2. 5 of 10 entries say "Restated". Latest entry: FY2021.
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- FY2021DroppedAnnual report
「Our group operates plants and offices in 10 countries in Japan and overseas and may be affected by government policies under the political systems and by economic conditions in each country.」
The key risks for the current fiscal year do not specifically mention anti-Korean sentiment or the THAAD issue in China and have been consolidated into the general risk of political and economic conditions. - FY2020-Q2RestatedAnnual report
「Although weak demand for dampers for South Korean vehicles in China continues to weigh on results, overall orders remained firm, supported by sales to Japanese automakers, railways and construction machinery,」
The company explains that while weak demand for dampers for South Korean vehicles in China continues, sales to Japanese automakers, railways and construction machinery are offsetting the impact. - FY2020-Q1RestatedAnnual report
「Although weak demand for dampers for South Korean vehicles in China continues to weigh on results,」
Weak demand in China for South Korean vehicles continues to affect the anti-vibration business. - FY2019MaterialisedAnnual report
「Although weak demand for dampers for South Korean vehicles in China continues to weigh on results,」
Weak demand in China for South Korean vehicles continues and is affecting the anti-vibration business. - FY2019-Q3MaterialisedAnnual report
「Segment profit declined 8.1% year on year to ¥1,970 million due to the earnings impact of the THAAD issue in China, higher material and labor costs, foreign exchange movements and other factors.」
The negative impact on earnings stemming from the THAAD issue in China continues to be reported and is one factor contributing to the 8.1% year-on-year decline in profit in the anti-vibration business. - FY2019-Q2RestatedAnnual report
「Segment profit declined 1.1% year on year to ¥1,413 million due to the earnings impact of the THAAD issue in China, higher material prices and other factors.」
The negative impact on earnings from the THAAD issue in China continues to be reported and is affecting profit in the anti-vibration business. - FY2019-Q1RestatedAnnual report
「Segment profit was ¥728 million, down 13.9% year on year, as the negative impact on earnings stemming from the THAAD issue in China continued.」
The company continues to report that the impact of the THAAD issue in China remains in the profit of some subsidiaries and businesses. - FY2018MaterialisedAnnual report
「There were some negative effects, including the repercussions of anti-Korean sentiment toward South Korean vehicles stemming from the deployment of THAAD, but overall sales grew steadily,」
The company continues to report that the repercussions of anti-Korean sentiment toward South Korean vehicles affected some businesses for the full fiscal year. - FY2018-Q3RestatedAnnual report
「Some subsidiaries have been affected by anti-Korean sentiment in China,」
The company continues to report that anti-Korean sentiment in China is affecting some subsidiaries. - FY2018-Q2MaterialisedAnnual report
「Some subsidiaries have been affected by anti-Korean sentiment in China,」
The company states that anti-Korean sentiment in China is having a tangible impact on orders and operations at some subsidiaries.