Expansion of overseas sales channels through the establishment of a wholly owned company in Shanghai, China
First written in FY2017-Q1. 7 of 18 entries say "Restated". Latest entry: FY2022-Q2.
No other company in this theme has enough history to compare yet.
- FY2022-Q2RestatedAnnual report
「The liquidation of 上海皆碼嗣電気有限公司, formerly a consolidated subsidiary, was completed on 3 June 2021.」
The completion of the Shanghai subsidiary's liquidation is again disclosed, confirming that the specific initiative to develop the Chinese market and expand overseas distribution channels has ended. - FY2022-Q1DroppedAnnual report
「The liquidation of 上海皆碼嗣電气有限公司 was completed on 3 June 2021.」
The liquidation of the Shanghai subsidiary, established as a specific measure to develop the Chinese market and expand overseas distribution channels, has been completed, and that initiative has ended. HONG KONG JMACS LIMITED. remains in liquidation procedures. - FY2021-Q3RestatedAnnual report
「The Company's consolidated subsidiaries 上海皆碼嗣电气有限公司 and HONG KONG JMACS LIMITED. resolved to dissolve on 15 June 2020 and are currently undergoing liquidation procedures.」
The Shanghai and Hong Kong subsidiaries remain in liquidation procedures following the dissolution resolution, with the same status continuing from the previous quarter. - FY2021-Q2In liquidation proceedingsAnnual report
「The Company's consolidated subsidiaries 上海皆碼嗣電气有限公司 and HONG KONG JMACS LIMITED. resolved to dissolve on 15 June 2020 and are currently undergoing liquidation procedures.」
The Shanghai and Hong Kong subsidiaries have moved from the dissolution resolution reported in the previous quarter to the stage of actual liquidation procedures. - FY2021-Q1DroppedAnnual report
「At an extraordinary meeting of the Board of Directors held on 15 June 2020, the Company resolved to dissolve its consolidated subsidiaries 上海皆碼嗣電気有限公司 and HONG KONG JMACS LIMITED．」
A resolution was passed to dissolve the Shanghai subsidiary, which had been established and operated as a specific measure to expand overseas distribution channels, and that initiative is moving toward completion. - FY2020AdvancedAnnual report
「上海皆碼嗣电气有限公司 increased its capital on 17 October 2019, raising stated capital from CNY 8.487 million to CNY 14.998 million.」
For the Shanghai subsidiary, the capital increase dated 17 October 2019 raised stated capital from CNY 8.487 million to CNY 14.998 million, expanding the overseas business structure. - FY2020-Q2AdvancedAnnual report
「In the overseas business, the Company secured wire and cable projects, resulting in revenue of ¥27.188 million, up 160.0% year on year.」
The Company secured wire and cable projects in the overseas business, resulting in revenue 160.0% higher than in the same period of the previous year, indicating progress in sales performance from the development of overseas distribution channels. - FY2020-Q1AdvancedAnnual report
「In the Overseas business, revenue was ¥25.113 million, up 257.5% from the same quarter of the previous year, due to the acquisition of electric-wire projects.」
The Company secured wire and cable projects in the overseas business, resulting in revenue 257.5% higher than in the same quarter of the previous year. The development of distribution channels in the overseas business, including the Shanghai subsidiary, is reflected in sales performance. - FY2019-Q3AdvancedAnnual report
「In the Overseas business, revenue increased due to higher sales of FA cables, instrumentation cables and other products driven by proactive sales activities. However, the higher costs associated with developing sales channels reduced the profit margin. Revenue was ¥13.237 million, up 286.8% from the same quarter of the previous year.」
The Company proceeded with developing distribution channels through sales activities in the overseas business and reported increased sales of FA cables, instrumentation cables and other products, with revenue up 286.8% year on year. - FY2019-Q2AdvancedAnnual report
「In the Overseas business, revenue was ¥10.457 million, up 670.0% from the same quarter of the previous year, due to increased sales of FA cables, instrumentation cables and other products.」
In the overseas business, sales of FA cables and instrumentation cables increased, resulting in revenue 670.0% higher than in the same quarter of the previous year. - FY2019-Q1AdvancedAnnual report
「In the overseas business, the Company continued developing distribution channels through active sales activities, and sales of wire and cable products, smart-glasses products and others increased, resulting in revenue of ¥7.024 million, up 1292.4% year on year.」
In the overseas business, the Company continued developing distribution channels through active sales activities and described tangible progress in the form of increased sales of wire and cable products, smart-glasses products and others. - FY2018RestatedAnnual report
「In the overseas business, the Company focused on securing and training personnel and proceeded with strengthening its structure. It also researched overseas markets, focused on marketing, and pursued active business activities.」
In the overseas business, including the Shanghai subsidiary, the Company continues to secure and train personnel, strengthen its structure, research markets, and pursue marketing activities. - FY2018-Q3RestatedAnnual report
「In the overseas business, the Company continued to secure personnel, strengthen its management structure, and pursue active business activities aimed at developing distribution channels.」
In the overseas business, the Company continues to secure personnel, strengthen its management structure, and develop distribution channels. - FY2018-Q2RestatedAnnual report
「As part of its drive to globalise and develop the Chinese market, the Company established 上海皆碼嗣电气有限公司 in June 2016 as a wholly owned company under HONG KONG JMACS LIMITED. as the coordinating company. For the overseas business, the Company increased personnel, including locally based staff, developed its management structure, and focused on strengthening the organisation and establishing a structure for developing distribution channels.」
The Company continues to increase personnel, strengthen its management structure and organisation, and develop a structure for expanding distribution channels in the Chinese market, centred on the Shanghai subsidiary. - FY2018-Q1AdvancedAnnual report
「As part of its drive to globalise and develop the Chinese market, the Company established 上海皆碼嗣电气有限公司 in June 2016 as a wholly owned company under HONG KONG JMACS LIMITED. as the coordinating company. Following its establishment, the Company prioritised securing personnel, including locally hired staff, and developing its management structure, with the result that」
For the Shanghai subsidiary, the disclosure describes an overseas business structure through the Hong Kong coordinating company, the securing of personnel, and the development of a management structure. From this period, the Shanghai subsidiary and others have been included in the consolidated group and managed as the Overseas Business segment. - FY2017-Q3RestatedAnnual report
「In June 2016, the Company established its subsidiary 上海皆碼嗣电气有限公司 in Shanghai to develop new customers and expand distribution channels in the Chinese market.」
The establishment of the Shanghai subsidiary and its role in developing new customers and expanding distribution channels in the Chinese market are again described as part of the explanation of major affiliated companies. - FY2017-Q2RestatedAnnual report
「In June 2016, the Company established its subsidiary 上海皆碼嗣電気有限公司 in Shanghai to develop new customers and expand distribution channels in the Chinese market.」
The establishment of the Shanghai subsidiary and its role in developing new customers and expanding distribution channels in the Chinese market are described again. - FY2017-Q1First statedAnnual report
「On 20 June 2016, we established a wholly owned company in Shanghai, China, and formally launched operations aimed at expanding our sales channels.」
The establishment of a wholly owned company in Shanghai is identified as a specific measure to expand overseas sales channels.