Cost reduction and return to profitability at the northern Vietnam site
First written in FY2016. 6 of 12 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-10-30.
The whole theme swung hardest in 2022: 4 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- 2026-10-30AdvancedEarnings
「北部のベトナム・イタリー・スチール社で昨年６月に完成した新圧延工場の順調な操業などにより、各拠点とも前年同期対比で大幅な増収増益となりました。」
ベトナム北部拠点では、新圧延工場の順調な操業が各拠点の増収増益に寄与した。 - FY2026AdvancedAnnual report
「At the new rolling mill at the northern site, which began operations in June 2025, the ramp-up proceeded smoothly, and production and sales were broadly in line with plan.」
At the northern Vietnam site, the new rolling mill began operations in June 2025 and reached production and sales levels broadly in line with plan. - 2026-04-30RestatedRevisions to earnings forecasts
「南北拠点ともに製品出荷量は前期対比増加したほか、従前からのコスト削減策の効果も相まって、全拠点で営業黒字を計上しました。」
ベトナム北部拠点を含む全拠点の営業黒字とコスト削減効果が、前回開示に続いて確認された。 - FY2026-H1AdvancedAnnual report
「Although the competitive environment remains challenging, the Vietnam business posted an operating profit at all sites due to higher shipment volumes and the effects of cost reductions.」
All sites, including the northern Vietnam site, posted operating profits. The document states that higher shipment volumes and cost reductions contributed to the return to profitability despite the challenging competitive environment. - FY2023WorsenedAnnual report
「Subsequently, demand for both housing and projects fell sharply as policy rates were raised and lending regulations for the real estate industry were tightened, resulting in substantial losses at all 3 northern and southern sites.」
All 3 sites in the north and south, including the northern Vietnam site, posted substantial losses, indicating a deterioration in the business environment and performance from the previously reported profitability and trend toward profitability at the northern site. - FY2021AdvancedAnnual report
「The northern site's single-stand mill, キョウエイ・スチール・ベトナム社, secured a profit despite narrowing spreads between purchase and selling prices due to rising semi-finished product prices amid a gradual recovery in housing demand, supported by continued low-inventory operations and other measures.」
KSVC in the north is shown to have secured a profit through low-inventory operations and other measures despite a challenging pricing environment. - FY2021-Q3AdvancedAnnual report
「In the north, a trend toward profitability gradually became established as initiatives in both manufacturing and sales continued.」
The northern Vietnam site progressed from the previously observed signs of recovery to a stage where its trend toward profitability was gradually becoming established. - FY2021-Q2Signs of recovery at the northern siteAnnual report
「Although the business environment in the north remains challenging, signs of recovery have emerged as the effects of initiatives in both manufacturing and sales have become evident.」
At the northern Vietnam site, signs of recovery emerged through initiatives in manufacturing and sales amid a continuing challenging business environment. - FY2018RestatedAnnual report
「Combined shipments from the southern site, Vina Kyoei Steel Ltd. (VKS), and the northern site, キョウエイ・スチール・ベトナム社 (KSVC), totaled 1.09 million tons, an increase of 90,000 tons from the previous period.」
The document indicates that production and sales continue at the northern and southern Vietnam sites, including KSVC, but does not mention any new milestone such as KSVC achieving standalone profitability. - FY2017-Q2AdvancedAnnual report
「At KSVC, against a favorable demand environment in northern Vietnam, comparable to that in the south, the company maintained near-full production and sales remained strong.」
In addition to the previously strong performance in manufacturing and sales, KSVC is shown to have maintained near-full production. - FY2017-Q1RestatedAnnual report
「At KSVC, demand for steel products in the northern Vietnam market remained firm, as in the south, and both manufacturing and sales performed well.」
The document states that demand, manufacturing and sales in the northern market performed well at KSVC. However, the quarterly report does not disclose KSVC's standalone profit figure. - FY2016AchievedAnnual report
「At KSVC, the effects of cost-cutting measures became evident, and the company achieved a full-year ordinary profit.」
The effects of cost-cutting measures and a return to full-year profitability at キョウエイ・スチール・ベトナム社 are explicitly stated.