China and Asia expansion centered on 日坩商貿（上海）有限公司
First written in FY2017-Q1. 13 of 24 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
Nippon Crucible moved to the "Worse" side of this theme in 2023.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In March 2026, we established the joint venture AMECO NIKKAN COMPANY LIMITED in Hanoi, Vietnam. We will dispatch a vice president and manufacture and sell melting furnaces and refractory products locally, drawing on our strengths.」
As a concrete step in the expansion in China and Asia, the company established a joint venture in Hanoi, Vietnam, and advanced to the stage of dispatching a vice president and beginning local production and sales of melting furnaces and refractory products. - FY2024-Q3SoftenedAnnual report
「正英日坩工業燃焼設備（上海）有限公司, formerly an equity-method affiliate, has been removed from the scope of equity-method accounting because its ownership ratio declined following the transfer of part of the stake.」
正英日坩工業燃焼設備（上海）有限公司, related to the company's operations in China, was removed from the scope of equity-method accounting after the transfer of part of the stake, bringing the partial transfer disclosed in the previous quarter through to its accounting treatment as an exclusion from the scope. - FY2024-Q2SoftenedAnnual report
「The Chinese melting-furnace market has been affected by shrinking demand for cast products as electric vehicles have rapidly gained ground in China in recent years, creating a challenging business environment for the company. Against this backdrop, 正英日坩 asked us to transfer part of our ownership stake to promote more efficient business operations. After considering the request, we decided to support it in order to help 正英日坩 grow and enhance its corporate value, and resolved to transfer part of our stake in 正英日坩. Ownership stake transferred: 5%; ownership stake after the transfer: 18%.」
In connection with the expansion in China and Asia, the company disclosed the challenging business environment caused by lower demand for cast products as China shifts to electric vehicles, and its decision to transfer part of its stake in the equity-method affiliate, changing the ownership ratio from 23% to 18%. - FY2022AdvancedAnnual report
「The joint venture established in Jiangsu Province, China, in December 2021, 久精日坩（江蘇）新材料科技有限公司, began operations as a new company in April 2022. It began operations after taking over the plant, personnel and sales network from our technology licensee, with us dispatching a general manager and introducing our production and quality-control standards. We expect it to contribute to consolidated results from the current fiscal year onward.」
The equity-method affiliate whose establishment in Jiangsu Province, China, had been decided began operations in April 2022, with progress made in taking over the plant, personnel and sales network, dispatching a general manager, and introducing production and quality-control standards. - FY2022-Q2RaisedAnnual report
「We decided to establish an equity-method affiliate in Jiangsu Province, China, together with our technology licensing partners 啓東久精耐火材料有限公司 and 正英日坩燃焼設備有限公司, to manufacture and sell competitive products in the refractory market by leveraging the resources of 啓東久精耐火材料有限公司, including its plant, personnel and sales network, with the aim of entering the refractory market in China, where further growth is expected, in an area where our strengths can be utilized. Registered capital CNY 31.30 million (¥539 million) (planned) (2) Planned month of establishment December 2021 (planned) (3) Planned month of commencement of operations December 2021 (planned)」
In addition to the existing expansion in China and Asia centered on the Shanghai subsidiary, the company decided to establish an equity-method affiliate in Jiangsu Province, China, with its technology partners and enter the manufacture and sale of refractory products. 日本坩堝's planned ownership stake is 33.5%. - FY2021-Q3Decline narrows, but overseas sales and capital-investment constraints continueAnnual report
「In overseas markets, sales in the furnace-construction field fell substantially because we were completely unable to conduct sales activities through overseas business travel, while overseas customers also put investments in melting-furnace-related equipment on hold due to the impact of COVID-19. Export sales of standard-shaped refractory products to China increased, but thermocouple sales to South Korea fell sharply. As a result, sales fell 44.6% year on year to ¥315 million, or 5.6% of total sales.」
Sales to overseas markets fell 44.6% year on year, narrowing from the 48.1% decline in the previous quarter. The suspension of overseas sales activities, customers putting capital investment on hold, and lower exports to South Korea have continued. - FY2021-Q2WorsenedAnnual report
「In overseas markets, sales in the furnace-construction field fell sharply because we were completely unable to conduct sales activities through overseas business travel, while overseas customers also put investments in melting-furnace-related equipment on hold due to the impact of COVID-19. Export sales of graphite crucibles, thermocouples and other products also declined amid the global economic downturn. As a result, sales fell by 48.1% year on year to ¥222 million, or 6.0% of total sales, roughly half the level of the same quarter a year earlier.」
Sales to overseas markets fell 48.1% year on year as the inability to conduct overseas sales activities coincided with customers putting capital investment on hold and declining export sales. - FY2021-Q1WorsenedAnnual report
「In overseas markets, net sales declined substantially to ¥119 million, representing 6.5% of net sales, a 47.4% year-on-year decrease, due in part to the inability to make overseas business trips because of the infectious disease outbreak.」
While the company plans to expand overseas, including in China, Asia and North America, net sales in overseas markets decreased substantially by 47.4% year on year due in part to the inability to make overseas business trips because of the infectious disease outbreak. - FY2020RestatedAnnual report
「Overseas, in addition to the Asian markets in which we have expanded to date, we will actively expand sales in North America as a priority market.」
The company has reaffirmed its policy of expanding overseas sales, with North America as a priority market in addition to its existing presence in Asia. - FY2020-Q3AdvancedAnnual report
「In overseas markets, net sales increased 5.3% year on year to ¥569 million, representing 8.0% of net sales, due mainly to higher shipments to Thailand and other factors.」
Net sales in overseas markets increased 5.3% year on year due mainly to higher shipments to Thailand and other factors. - FY2020-Q2AdvancedAnnual report
「In overseas markets, net sales increased 21.1% year on year to ¥429 million, representing 8.6% of net sales, due mainly to large-scale projects in Asia and other factors.」
Net sales in overseas markets increased 21.1% year on year due mainly to large-scale projects in Asia and other factors. - FY2020-Q1AdvancedAnnual report
「In overseas markets, net sales increased substantially by 65.0% year on year to ¥226 million, representing 8.9% of net sales, due mainly to large-scale projects in Asia and other factors.」
Net sales in overseas markets increased 65.0% year on year due mainly to large-scale projects in Asia and other factors. - FY2019AdvancedAnnual report
「In overseas markets, net sales increased 15.2% year on year to ¥645 million, representing 6.6% of net sales, due mainly to higher shipments to North America and Thailand.」
Net sales in overseas markets increased 15.2% year on year for the full year due to higher shipments to North America and Thailand. - FY2019-Q3AdvancedAnnual report
「In overseas markets, net sales increased 24.1% year on year to ¥540 million, representing 7.6% of net sales, due mainly to higher shipments to North America and Thailand.」
Net sales in overseas markets increased 24.1% year on year due mainly to higher shipments to North America and Thailand. - FY2019-Q2AdvancedAnnual report
「In overseas markets, sales increased, mainly in Asia and North America, and net sales increased 20.5% year on year to ¥354 million, representing 7.4% of net sales.」
Overseas sales increased, mainly in Asia and North America, resulting in a 20.5% year-on-year increase in net sales in overseas markets. - FY2019-Q1AdvancedAnnual report
「In overseas markets, sales increased, mainly in Asia and North America, and net sales increased 3.4% year on year to ¥137 million, representing 5.6% of net sales.」
Overseas sales increased, mainly in Asia and North America, resulting in a 3.4% year-on-year increase in net sales in overseas markets. - FY2018Overseas sales roughly unchanged year on yearAnnual report
「In overseas markets, net sales were roughly unchanged year on year at ¥560 million, representing 6.2% of net sales, a 0.8% year-on-year decrease.」
While the policy of expanding in China, Asia and North America and increasing royalty income through overseas technology transfers remains in place, full-year net sales in overseas markets decreased 0.8% year on year and were roughly unchanged. - FY2018-Q3AdvancedAnnual report
「In overseas markets, net sales increased 2.2% year on year to ¥436 million, representing 6.7% of net sales, due mainly to higher shipments to North America.」
Net sales in overseas markets increased 2.2% year on year due mainly to higher shipments to North America and other factors. - FY2018-Q2AdvancedAnnual report
「In overseas markets, sales increased, mainly in Asia, and net sales increased 17.4% year on year to ¥294 million, representing 6.8% of net sales.」
Overseas sales increased, mainly in Asia, resulting in a 17.4% year-on-year increase in net sales in overseas markets. - FY2018-Q1AdvancedAnnual report
「In overseas markets, sales increased, mainly in Asia, and net sales increased 20.6% year on year to ¥132 million, representing 6.3% of net sales.」
Overseas sales increased, mainly in Asia, resulting in a 20.6% year-on-year increase in net sales in overseas markets. - FY2017RaisedAnnual report
「In overseas markets, we will work to deepen our presence in China, centered on 日坩商貿（上海）有限公司, actively expand in the Asian and North American markets, and increase royalty income from technology transfers overseas.」
In addition to its existing expansion in China and Asia, the company has explicitly added North America as a target market and is also targeting higher royalty income from overseas technology transfers. Overseas-market net sales increased 2.2% year on year. - FY2017-Q3AdvancedAnnual report
「In overseas markets, net sales increased 4.0% year on year to ¥426 million, representing 7.4% of net sales, due mainly to higher shipments to North America.」
Overseas net sales increased 4.0% year on year due to higher shipments to North America, indicating an improvement in overseas performance. - FY2017-Q2RestatedAnnual report
「In overseas markets, net sales decreased 16.7% year on year to ¥250 million, representing 6.6% of net sales, due mainly to lower product shipments in Asia.」
The overseas business, particularly in Asia, is continuing, but net sales are declining due to lower product shipments. - FY2017-Q1First statedAnnual report
「In overseas markets, we will actively expand in China and Asia, centered on 日坩商貿（上海）有限公司.」
The company identifies its Shanghai subsidiary as a base for expansion in the Chinese and Asian markets.