Establishing Indonesia as a Production Hub for ASEAN
First written in FY2016. 19 of 29 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 16 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Decline in Annual Sales in IndonesiaAnnual report
「Indonesia 7,422 — — — — 7,422」
Indonesia sales for the fiscal year were ¥7,422 million, down from ¥7,865 million in the previous fiscal year. No change was indicated in the direction of positioning Indonesia as an important ASEAN hub. - FY2026-H1Decline in Indonesia SalesAnnual report
「Indonesia 3,473 — — — — 3,473」
Indonesia sales for the interim consolidated accounting period were ¥3,473 million, down from ¥3,983 million in the year-earlier period. No change was indicated in the direction of positioning Indonesia as an important ASEAN hub. - FY2025AdvancedAnnual report
「PT.METALART ASTRA INDONESIA 7,865 1,431 1,160 10,170 11,479」
For MAI, net sales of ¥7,865 million, ordinary income of ¥1,431 million, net income of ¥1,160 million, net assets of ¥10,170 million and total assets of ¥11,479 million were disclosed. The scale of the business and its earnings performance expanded from the previous year's net sales of ¥7,302 million and ordinary income of ¥1,078 million. - FY2025-H1RestatedAnnual report
「Indonesia 3,983 — — — 3,983」
Indonesia sales for the interim consolidated accounting period were ¥3,983 million, up from ¥3,972 million in the year-earlier period. Indonesia continued to be positioned as an important ASEAN hub, but no new production-capacity expansion milestone was disclosed. - FY2024-Q3RestatedAnnual report
「Indonesia 6,058 — — — 6,058」
Indonesia sales for the first nine months were ¥6,058 million. Indonesia continued to be positioned as an important ASEAN hub, but no new production-capacity expansion milestone was disclosed. - FY2024-Q2RestatedAnnual report
「Indonesia 3,972 — — — 3,972」
Indonesia sales for the first six months were ¥3,972 million, up from ¥3,264 million in the year-earlier period. Indonesia continued to be positioned as an important ASEAN hub, but no new production-capacity expansion milestone was disclosed. - FY2024-Q1RestatedAnnual report
「The increase in sales, group-wide thorough cost reductions and higher earnings at the Indonesian subsidiary contributed to higher earnings.」
Higher earnings at the Indonesian subsidiary contributed to higher overall earnings, indicating continued expansion of the business with Indonesia positioned as an important ASEAN hub. No new production-capacity expansion milestone was disclosed. - FY2023AdvancedAnnual report
「Key financial information Net sales (¥ millions) 7,302 Ordinary income (¥ millions) 1,078 Net income (¥ millions) 852 Net assets (¥ millions) 7,816 Total assets (¥ millions) 9,443」
For MAI, net sales of ¥7,302 million, ordinary income of ¥1,078 million, net income of ¥852 million and net assets of ¥7,816 million were disclosed. The scale of the business and its earnings performance expanded from the previous year's net sales of ¥4,129 million and ordinary income of ¥608 million. - FY2023-Q3RestatedAnnual report
「Third-quarter cumulative consolidated period (1 April 2022 to 31 December 2022)」
Under regional information based on revenue recognition, Indonesia sales were ¥5,296 million, up from ¥2,905 million in the year-earlier cumulative period. Indonesia continued to be positioned as an important ASEAN hub, but no new production-capacity expansion milestone was disclosed. - FY2023-Q2RestatedAnnual report
「Indonesia 3,264 — — — 3,264」
Indonesia sales for the first six months were ¥3,264 million, up from ¥1,766 million in the year-earlier period. Indonesia continued to be positioned as an important ASEAN hub, but no new milestone such as production-capacity expansion was disclosed. - FY2023-Q1RestatedAnnual report
「Indonesia 1,397 — — — 1,397」
Indonesia sales in the first quarter were ¥1,397 million, up from ¥903 million in the year-earlier quarter. Indonesia continued to be positioned as an important ASEAN hub, but no new capacity-expansion milestone was disclosed. - FY2022AdvancedAnnual report
「Key financial information Net sales (¥ millions) 4,129 Ordinary income (¥ millions) 608 Net income (¥ millions) 481 Net assets (¥ millions) 6,746 Total assets (¥ millions) 8,253」
For MAI, the Indonesian subsidiary, net sales of ¥4,129 million, ordinary income of ¥608 million and net assets of ¥6,746 million were disclosed, confirming the operating performance of the overseas production hub. - FY2022-Q1RestatedAnnual report
「Against this operating backdrop, group sales increased during the first quarter of the consolidated fiscal year, as both the automotive and construction machinery businesses showed strong signs of recovery from the COVID-19 pandemic and domestic and ASEAN markets remained firm.」
The recovery of domestic and ASEAN markets and resulting sales growth were reported. There was no change in the direction of positioning ASEAN, including Indonesia, as an important overseas business hub, and no new capacity-expansion milestone was disclosed. - FY2021-Q1RestatedAnnual report
「During the first quarter of the consolidated fiscal year, group sales declined substantially both in Japan and overseas, as demand in the domestic and ASEAN markets weakened due to the COVID-19 pandemic and customers adjusted production because they were unable to procure component parts from overseas.」
No change was indicated in the direction of positioning ASEAN, including Indonesia, as an important overseas business hub. At the same time, the operating environment became more difficult as domestic and ASEAN demand weakened and customers adjusted production because of difficulties procuring components. - FY2020-Q3RestatedAnnual report
「In Indonesia, the market remained somewhat sluggish due to restrictions on loan down payments and other factors, but sales increased as new parts began to ramp up.」
The Indonesian market was sluggish due to restrictions on loan down payments and other factors, but the ramp-up of new parts supported higher sales. No change was indicated in the direction of positioning Indonesia as an important ASEAN hub. - FY2020-Q2RestatedAnnual report
「In Indonesia, the market remained somewhat sluggish due to political instability and restrictions on loan down payments, but sales increased as new parts began to ramp up.」
No change was indicated in the direction of positioning Indonesia as an important ASEAN hub. The company reported that the ramp-up of new parts offset the sluggish market caused by political instability and restrictions on loan down payments. - FY2020-Q1RestatedAnnual report
「In Indonesia, the market remained somewhat sluggish due to political instability and restrictions on loan down payments, but the impact on our company was limited and sales increased.」
There was no change in the direction of positioning Indonesia as an important overseas business hub. Although the market was somewhat sluggish due to political instability and restrictions on loan down payments, the company reported higher sales. - FY2019RestatedAnnual report
「In our overseas operations, we will seek to expand sales of new products centered on the Indonesia business and work to expand the business with Indonesia serving as a production hub for the ASEAN region.」
The overseas expansion policy of making Indonesia the center of production for the ASEAN region was reiterated. - FY2019-Q3RestatedAnnual report
「Overseas, higher demand in the Indonesian and Thai markets also contributed to higher sales.」
Higher demand in Indonesia and Thailand contributed to higher sales, with no substantive change in the direction of positioning the ASEAN region, including Indonesia, as an important overseas market and business hub. - FY2019-Q2RestatedAnnual report
「Overseas, higher demand in the Indonesian and Thai markets also contributed to higher sales.」
Higher demand in Indonesia and Thailand contributed to higher sales, with no substantive change in the direction of positioning the ASEAN region as an important overseas market and business hub. - FY2019-Q1RestatedAnnual report
「Overseas, higher demand in the Indonesian and Thai markets also contributed to higher sales.」
There was no change in the direction of positioning Indonesia and the broader ASEAN region as important overseas business hubs. Higher demand in Indonesia and Thailand contributed to higher sales. - FY2018RestatedAnnual report
「To address expanding overseas markets, we will position the Indonesia business as the central hub for the ASEAN region and work to expand the business.」
The policy of making Indonesia the central hub for overseas operations in the ASEAN region was reaffirmed. - FY2017AdvancedAnnual report
「Overseas, the Indonesian market, where we operate, was recovering, while mass production of new products at our Indonesian subsidiary was gathering pace.」
In addition to the recovery of the Indonesian market, the subsidiary's mass production of new products moved into full swing, representing specific progress. - FY2017-Q3RestatedAnnual report
「Overseas, the Indonesian market, where we operate, has begun to recover, and orders received by our Indonesian subsidiary increased.」
The recovery of the Indonesian market and increase in orders at the subsidiary continued to be reported, with no substantive change in the direction of establishing Indonesia as an ASEAN production hub. - FY2017-Q2AdvancedAnnual report
「Overseas, the Indonesian market, where we operate, has shown a pronounced recovery, and orders received by our Indonesian subsidiary increased.」
Orders received by the Indonesian subsidiary increased against a backdrop of recovery in the Indonesian market. - FY2017-Q1AdvancedAnnual report
「Deliveries of newly ordered products from our Indonesian subsidiary also began sequentially as planned, helping to offset the decline in sales in the domestic market.」
A specific development was reported for the Indonesian subsidiary: deliveries of planned new orders began sequentially, offsetting lower domestic-market sales. - FY2016First statedAnnual report
「In our overseas operations, we will seek to expand sales of new products centered on the Indonesia business and work to expand the business with Indonesia serving as a production hub for the ASEAN region.」
The Indonesia business is positioned as the center of new sales expansion and the establishment of a production hub for the ASEAN region.