Evolution of the Global Market Strategy
First written in FY2016. 35 of 41 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-07.
2 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In Japan, automobile production remained at roughly the same level as in the previous fiscal year, but sales of accessory drive belts, including Rib Ace®, and accessory drive system products, including auto tensioners, increased as more vehicle models adopted our products. Overseas, sales of products for the aftermarket declined in the United States but increased in Europe. In China, production by motorcycle manufacturers remained solid, and sales of scooter transmission belts and other products increased. In Asia, sales of scooter transmission belts and other products for the aftermarket increased.」
Sales increased in Japan on the increase in vehicle models adopting the Company's products, in the European aftermarket, and in the two-wheel vehicle and aftermarket markets in China and Asia, resulting in Automotive Parts business revenue of ¥60,397 million, up 4.0% year on year. Sales for the US aftermarket declined, however. - FY2026-H1AdvancedAnnual report
「In Japan, although automotive production declined, sales of accessory drive belts, including Rib Ace®, increased due to the increase in vehicle models adopting our products. Overseas, sales of products for the aftermarket increased in Europe and the United States. In China, production by two-wheel vehicle manufacturers remained firm, increasing sales of scooter transmission belts and other products. In Asia, sales of scooter transmission belts and other products for the aftermarket increased, while sales of accessory drive system products, including auto-tensioners, declined. As a result, segment revenue was ¥29,481 million, up 0.8% year on year, while segment profit declined 1.6% to ¥2,432 million due partly to changes in the product mix.」
Sales increased in Japan on the increase in vehicle models adopting the Company's products, in the European and US aftermarket, and to two-wheel vehicle manufacturers in China, while sales of transmission system products declined in Asia. The Automotive Parts business recorded higher revenue, but segment profit declined due to changes in the product mix. - FY2025AdvancedAnnual report
「In Japan, although automotive production declined, sales of accessory drive belts, including Rib Ace®, and accessory drive system products, including auto-tensioners, increased due to the increase in vehicle models adopting our products. Overseas, sales of products for the aftermarket increased in the United States. In China and Asia, production by two-wheel vehicle manufacturers recovered, increasing sales of scooter transmission belts and other products. As a result, segment revenue was ¥58,056 million, up 9.0% year on year, and segment profit was ¥4,897 million, up 19.1%.」
Revenue and profit in the Automotive Parts business increased on the back of more vehicle models adopting the Company's products in Japan, the US aftermarket, and the recovery in two-wheel vehicle production in China and Asia. - FY2025-H1AdvancedAnnual report
「In Japan, although automotive production declined, sales increased as sales of products for export remained strong. Overseas, sales of products for the aftermarket increased in the United States. In China and Asia, production by two-wheel vehicle manufacturers recovered, increasing sales of scooter transmission belts and other products. As a result, segment revenue was ¥29,257 million, up 11.4% year on year, and segment profit was ¥2,470 million, up 35.7%.」
Sales increased in the US aftermarket and to two-wheel vehicle manufacturers in China and Asia, resulting in year-on-year increases in revenue and segment profit in the Automotive Parts business. - FY2024AdvancedAnnual report
「Overseas, although China was affected by the economic slowdown, automotive production remained above the previous fiscal year's level, increasing sales of products such as accessory drive belts. Sales of products for the aftermarket also increased in Europe and the United States. In Asia, production by four-wheel and two-wheel vehicle manufacturers generally continued to recover, increasing sales of accessory drive belts, accessory drive systems and scooter transmission belts.」
The full-year results report increased sales in China, Europe and the United States, and Asia, with revenue from the Automotive Parts business of ¥53,282 million, up 8.3% year on year. - FY2024-Q3AdvancedAnnual report
「Overseas, automotive production in China remained above the previous fiscal year despite the effects of the economic slowdown, increasing sales of accessory-drive power transmission belts and other products. Sales of products for the replacement market also increased in Europe and the United States. In Asia, production by four-wheel and motorcycle manufacturers generally continued to recover, increasing sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts. As a result, segment revenue was ¥39,645 million, up 8.1% year on year, and segment profit was ¥2,974 million, up 13.1%.」
Sales of products for the automotive parts and aftermarket markets continued to increase in China, Europe and the United States, and Asia, resulting in year-on-year increases in revenue and segment profit in the Automotive Parts business. - FY2024-Q2AdvancedAnnual report
「Overseas, although China was affected by the economic slowdown, automotive production remained above the previous fiscal year, increasing sales of accessory-drive power transmission belts and other products. Sales of products for the replacement market also increased in Europe and the United States. In Asia, production by four-wheel and motorcycle manufacturers generally continued to recover, increasing sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts. As a result, segment revenue was ¥26,270 million, up 9.5% year on year, and segment profit was ¥1,820 million, up 18.6%.」
Sales of automotive parts products and products for the replacement market increased in China, Europe, the United States and Asia, resulting in year-on-year increases in automotive parts revenue and segment profit. - FY2024-Q1AdvancedAnnual report
「Overseas, production at major customers recovered in China, increasing sales of accessory-drive power transmission belts and other products. Sales of products for the replacement market also increased in Europe and the United States. In Asia, production by four-wheel and motorcycle manufacturers also recovered, increasing sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts. As a result, segment revenue was ¥12,852 million, up 12.1% year on year, and segment profit was ¥811 million, up 8.3%.」
Sales increased to major customers in China, in the replacement markets of Europe and the United States, and to four-wheel and motorcycle manufacturers in Asia, resulting in year-on-year increases in automotive parts revenue and segment profit. - FY2023AdvancedAnnual report
「Overseas, sales of accessory-drive power transmission belts and other products declined in the United States and China because major customers reduced production. However, sales of products for the replacement market increased in Europe through new customer development, and sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts also increased in Asia as production by four-wheel and motorcycle manufacturers recovered. As a result, segment revenue was ¥49,198 million, up 17.6% year on year.」
While sales declined in the United States and China because major customers reduced production, sales of multiple products increased in Europe through new customer development and in Asia as production recovered, resulting in a 17.6% year-on-year increase in automotive parts revenue. - FY2023-Q3AdvancedAnnual report
「Overseas, sales of accessory-drive power transmission belts and other products declined in the United States and China because major customers reduced production. However, sales of products for the replacement market increased in Europe through new customer development, and sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts also increased in Asia as production by four-wheel and motorcycle manufacturers recovered.」
While sales declined in the United States and China because major customers reduced production, sales of products for the replacement market increased in Europe through new customer development and sales of multiple products increased in Asia. Revenue in the automotive parts business was ¥36,680 million, up 19.9% year on year. - FY2023-Q2AdvancedAnnual report
「Overseas, sales of accessory-drive power transmission belts and other products declined in the United States and China because major customers reduced production. However, sales of products for the replacement market increased in Europe through new customer development, and sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts also increased in Asia.」
While sales declined in the United States and China because major customers reduced production, new customer development progressed in Europe and sales of multiple products increased in Asia. - FY2023-Q1AdvancedAnnual report
「During the first quarter of the current consolidated cumulative period, overseas sales of accessory-drive power transmission belts and other products declined in China because major customers reduced production, but increased in the United States, Europe and Asia. As a result, segment revenue was ¥11,467 million, up 14.4% year on year.」
While sales declined in China because major customers reduced production, sales increased in the United States, Europe and Asia, resulting in a 14.4% year-on-year increase in revenue in the automotive parts business. - FY2022AdvancedAnnual report
「Overseas, sales of accessory-drive power transmission belts and other products increased in China through higher production volumes at major customers and expanded replacement-market sales. Sales also increased in the United States, Europe and Asia. As a result, segment revenue was ¥41,829 million, up 19.6% year on year, and segment profit was ¥2,741 million, up 14.9%.」
Sales to major customers and expanded replacement-market sales progressed in China, and sales also increased in the United States, Europe and Asia. Full-year revenue and segment profit for the automotive parts business are provided. - FY2022-Q3AdvancedAnnual report
「Overseas, sales of accessory-drive power transmission belts and other products increased in China through higher production volumes at major customers and expanded replacement-market sales. Sales also increased in the United States, Europe and Asia. As a result, segment revenue was ¥30,590 million, up 24.1% year on year, and segment profit was ¥2,429 million, up 88.7%.」
In addition to higher sales to major customers and expanded replacement-market sales in China, sales increased in the United States, Europe and Asia, with revenue and segment profit in the automotive parts business both rising by quantified amounts. - FY2022-Q2AdvancedAnnual report
「Overseas, sales of accessory-drive power transmission belts and other products increased in China through higher production volumes at major customers and expanded replacement-market sales. Sales also increased in the United States, Europe and Asia.」
Sales to major customers and expanded replacement-market sales progressed in China, and sales also increased in the United States, Europe and Asia. - FY2022-Q1AdvancedAnnual report
「Overseas, automotive production declined in China, but sales of accessory-drive power transmission belts and other products increased through higher production volumes at major customers and expanded sales in the replacement market. Sales also increased in the United States, Europe and Asia.」
While automotive production declined in China, sales grew through higher sales to major customers and expanded replacement-market sales, and sales also increased in the United States, Europe and Asia. - FY2021AdvancedAnnual report
「Overseas, sales of accessory-drive power transmission belts and other products to automakers increased in China as automotive production remained strong. In Europe, proactive sales activities also proved successful, increasing sales of accessory-drive power transmission belts and other products for the replacement market. In contrast, sales declined in the United States and Asia because automobile and motorcycle manufacturers reduced production or suspended operations.」
While sales increased in China and Europe, sales continued to decline in the United States and Asia because of production cuts and operating suspensions, specifying the regional results and challenges in the full-year results. - FY2021-Q3RestatedAnnual report
「In Japan, sales of new products for the replacement market and transmission belts for multipurpose four-wheel vehicles increased as a result of proactive sales activities. However, sales of accessory-drive power transmission belts, including Rib Ace®, and power transmission system products, including auto tensioners, declined because of lower automotive production. Overseas, sales of accessory-drive power transmission belts and other products to automakers increased in China as automotive production remained strong. In contrast, sales declined in the United States and Asia because four-wheel and motorcycle manufacturers reduced production or suspended operations.」
It continues to describe the regional results and challenges: sales to automakers grew in China, while sales declined in the United States and Asia because of production cuts and operating suspensions. - FY2021-Q2RestatedAnnual report
「In Japan, sales of new products for the replacement market and transmission belts for multipurpose four-wheel vehicles increased as a result of proactive sales activities. However, sales of accessory-drive power transmission belts, including Rib Ace®, and power transmission system products, including auto tensioners, declined because of lower automotive production. Overseas, sales of accessory-drive power transmission belts and other products to automakers increased in China as automotive production remained strong. In contrast, sales declined in the United States and Asia because four-wheel and motorcycle manufacturers reduced production or suspended operations.」
Sales of new products for the replacement market and other products increased in Japan, and sales of products for automakers grew in China, while sales declined in the United States and Asia because of production cuts and operating suspensions, continuing the pattern of regional results and challenges. - FY2021-Q1AdvancedAnnual report
「In Japan, sales of new products for the replacement market and transmission belts for multipurpose four-wheel vehicles increased as a result of proactive sales activities. However, sales of accessory-drive power transmission belts, including Rib Ace®, and power transmission system products, including auto tensioners, declined because of lower automotive production. Overseas, sales of accessory-drive power transmission belts and other products to automakers increased in China as automotive production remained strong. In contrast, sales declined in the United States and Asia because four-wheel and motorcycle manufacturers reduced production or suspended operations. As a result, segment revenue was ¥5,984 million, down 40.3% year on year, and the segment posted a loss of ¥434 million, compared with segment profit of ¥539 million in the previous year.」
Sales increased for new products for the replacement market and transmission belts for multipurpose four-wheel vehicles, and sales to automakers in China grew, while sales declined in the United States and Asia because of production cuts and operating suspensions. - FY2020RestatedAnnual report
「Overseas, sales of automotive replacement parts and other products increased in China as a result of our focus on proactive customer development, but sales declined because major customers reduced automotive production. Sales also declined in the United States and Asia.」
It describes growth in replacement-parts sales through customer development in China, while also indicating production cuts by major customers and sales declines in the United States and Asia, with customer development overseas continuing. - FY2020-Q3RestatedAnnual report
「Overseas, sales of automotive replacement parts and other products increased as a result of our focus on proactive customer development in China, but sales declined in the United States and Asia.」
While customer development in China and replacement-parts sales continued to grow, sales declined in the United States and Asia, reaffirming the established pattern of regional results and challenges. - FY2020-Q2AdvancedAnnual report
「Overseas, sales of replacement parts and other products increased as a result of our focus on proactive customer development in China, but sales declined in the United States and Asia.」
It states that customer development in China increased sales of replacement parts and other products, while sales declined in the United States and Asia, specifying the results and challenges by region. - FY2020-Q1AdvancedAnnual report
「Overseas, sales of replacement parts and other products increased as a result of our focus on proactive customer development in the United States, but sales declined in China and Asia.」
While proactive customer development in the United States increased sales of replacement parts and other products, sales declined in China and Asia. - FY2019AdvancedAnnual report
「Overseas, sales of accessory-drive power transmission system products and scooter transmission belts increased as a result of proactive customer development in Asia, but sales declined in the United States and China. As a result, segment revenue was ¥41,650 million, down 0.1% year on year, and segment profit was ¥3,182 million, down 6.4%.」
While customer development in Asia progressed and sales of multiple products increased, sales declined in the United States and China. - FY2019-Q3AdvancedAnnual report
「Sales of power transmission belts for agricultural and industrial machinery increased as a result of stronger sales in the United States, China and Asia. As a result, segment net sales were ¥26,223 million, up 8.5% year on year, while segment profit was ¥1,471 million, down 2.4%, partly because costs increased in response to quality issues at customers.」
Stronger sales in the United States, China and Asia increased sales of power transmission belts for agricultural and industrial machinery, and net sales in the industrial materials business rose 8.5% year on year. - FY2019-Q2AdvancedAnnual report
「Overseas, sales increased in China because of higher production volumes at major customers. Our focus on proactive customer development in Asia also increased sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts.」
Sales to major customers increased in China, and customer development in Asia also increased sales of multiple products. - FY2019-Q1AdvancedAnnual report
「Sales increased in China because of higher production volumes at major customers. Our focus on proactive customer development in Asia also increased sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts. As a result, segment net sales were ¥10,620 million, up 6.7% year on year, and segment profit was ¥883 million, up 25.9%.」
It describes higher sales to major customers in China and increased sales of multiple products through customer development in Asia, and quantifies the increases in net sales and segment profit in the automotive parts business. - FY2018AdvancedAnnual report
「Overseas, sales declined in China because of lower production volumes at major customers, but sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts increased as a result of our focus on proactive customer development in Asia.」
It states that sales to major customers declined in China, while customer development in Asia increased sales of multiple products. - FY2018-Q3AdvancedAnnual report
「Against this backdrop, as the final year of the first stage of the medium- to long-term management plan “Breakthroughs for the future,” our group actively expanded sales, centered on power transmission belts for automobiles, motorcycles, agricultural machinery and general industry, as well as light-conveyor belts, mainly in Japan, China and ASEAN. Overseas, sales declined in China because of lower production volumes at major customers, but sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts increased as a result of our focus on proactive customer development in Asia. As a result, overseas sales increased.」
It states that sales expansion activities continued mainly in Japan, China and ASEAN, with customer development in Asia increasing sales of multiple products and overseas revenue. - FY2018-Q2AdvancedAnnual report
「Overseas, sales declined in China because of lower production volumes at major customers, but sales of accessory-drive power transmission belts, accessory-drive power transmission system products and scooter transmission belts increased as a result of our focus on proactive customer development in Asia. As a result, overseas sales increased.」
It states that proactive customer development in Asia increased sales of multiple products and lifted overseas revenue. - FY2018-Q1AdvancedAnnual report
「Against this backdrop, as the final year of the first stage of the medium- to long-term management plan “Breakthroughs for the future,” our group strengthened its sales structure, centered on automotive, motorcycle, light-conveyor, agricultural machinery and general industrial power transmission belts, and pursued customer development mainly in Japan, China and ASEAN. We also began selling LASHINGBITE®, a tension meter for lashing belts that numerically measures belt tension with high precision and can improve transport reliability.」
It describes continued strengthening of the sales structure and customer development in Japan, China and ASEAN, as well as the specific commercialization represented by the launch of sales of the LASHINGBITE® tension meter for lashing belts. - FY2017AdvancedAnnual report
「In Japan, Bando I.C.S Co., Ltd., our domestic sales subsidiary whose management was integrated in April of this year, is seeking to expand its business nationwide while maintaining a locally rooted sales structure. At the group level, we will strengthen earnings through a consistent group sales strategy and further management efficiencies.」
In addition to customer development in China and ASEAN, it describes the nationwide sales structure achieved through the management integration of the domestic sales subsidiary, consistency in the sales strategy and greater efficiency. - FY2017-Q3AdvancedAnnual report
「We strengthened our sales structure, centered on power transmission belts for automobiles, motorcycles, agricultural machinery and general industry, as well as light-conveyor belts, and pursued customer development mainly in China and the ASEAN region.」
It also states that the group continued to strengthen its sales structure and develop customers in China and ASEAN, while sales increased for scooter transmission belts and automotive-related products in Thailand. - FY2017-Q2AdvancedAnnual report
「For scooter transmission belts, we focused on proactive customer development in Thailand, India and Vietnam, and sales increased.」
It states that customer development progressed in Thailand, India and Vietnam, driving growth in scooter transmission belt sales. - FY2017-Q1RestatedAnnual report
「We strengthened our sales structure, centered on automotive, motorcycle, light-conveyor, agricultural machinery and general industrial power transmission belts, and pursued customer development mainly in Japan, China and ASEAN.」
We continued to strengthen our sales structure and develop customers, mainly in Japan, China and ASEAN. - FY2016First statedAnnual report
「Our group is working to further expand sales by focusing on power transmission belts for automobiles, motorcycles, agricultural machinery and general industry, as well as light-conveyor belts, in overseas markets centered on China and the ASEAN region, with the aim of achieving the No. 1 share of the Asian market in the belt business.」
The initiative is presented as a measure to expand sales of belts for multiple applications, with China and ASEAN designated as priority regions.