Expanding the Temporary Equipment Business in China and Southeast Asia
First written in FY2016. 3 of 9 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2023-Q3.
The whole theme swung hardest in 2020: 2 of 9 companies on the "Worse" side.
14 other companies' latest entry also says "Advanced".
- FY2023-Q3AdvancedAnnual report
「Voting rights ratio held immediately before acquisition 33.34% Voting rights ratio additionally acquired on the business combination date 49.99% Voting rights ratio after acquisition 83.33%」
The Group additionally acquired a 49.99% interest in the Indonesian equity-method affiliate, making it a consolidated subsidiary with an 83.33% voting rights ratio, thereby giving concrete shape to the overseas temporary construction equipment business. - FY2021ReframedAnnual report
「The three-year period from the fiscal year ending March 2022 through the fiscal year ending March 2024 was positioned as a period for deepening the business centered on the manufacture, sale and rental of temporary construction equipment, which the Group has positioned as its core business, and for establishing a business base to expand its other businesses. The Group will work to enhance corporate value with “peace of mind and trust” at the core. “Steady development of the temporary construction equipment market in Asia”」
The description of the overseas business was reorganized from strengthening overseas expansion into a key measure of the medium-term plan, namely the steady development of the Asian market. - FY2020RestatedAnnual report
「Going forward, the Group will strengthen its overseas business, including expanding the supply of rental equipment and enlarging equipment yards, while maintaining the safety standards for temporary construction equipment and equipment operating expertise developed in Japan.」
The policy of strengthening the overseas business in China, Thailand and Indonesia by expanding business with local general contractors, increasing supply and enlarging equipment yards was maintained. - FY2019AdvancedAnnual report
「In these countries, sales efforts tailored to local conditions have expanded the customer base from an initial focus on Japanese general contractors to local general contractors. Going forward, the Group will strengthen its overseas business, including expanding the supply of rental equipment and enlarging equipment yards, while maintaining the safety standards for temporary construction equipment and equipment operating expertise developed in Japan.」
The customer base in China, Thailand and Indonesia is expanding from Japanese general contractors to local general contractors, and measures to strengthen the business, including increased rental equipment supply and expanded equipment yards, were presented. - FY2018RestatedAnnual report
「In addition to China and Thailand, the Group is fully developing sales and rentals of temporary construction equipment in Indonesia and actively promoting its temporary construction equipment business overseas.」
The direction of fully developing temporary construction equipment sales and rentals in China, Thailand and Indonesia and promoting the overseas business was maintained. - FY2017ReframedAnnual report
「③ Establishing a business model in overseas markets The Group is actively promoting its temporary construction equipment business overseas, with bases in the People’s Republic of China and the Kingdom of Thailand for the sales, rental and manufacture of temporary construction equipment, and a base in the Republic of Indonesia for sales and rentals of temporary construction equipment.」
The description was made more specific and reorganized from expanding the business in Southeast Asia to establishing a business model in overseas markets by introducing product technology and equipment operating expertise locally. - FY2017-Q2RestatedAnnual report
「PT. ALINCO RENTAL INDONESIA, which was an unconsolidated subsidiary in the previous consolidated fiscal year, was included in the scope of consolidation from the first quarter because its materiality had increased. PT. KAPURINDO SENTANA BAJA, which was an affiliate excluded from the equity method in the previous consolidated fiscal year, was included in the scope of application of the equity method because its materiality had increased.」
The inclusion of the Indonesian subsidiary and affiliate in consolidation and the equity method, respectively, was reiterated, maintaining the status from the previous quarter regarding the increased importance of the overseas bases. - FY2017-Q1AdvancedAnnual report
「PT. ALINCO RENTAL INDONESIA, which was an unconsolidated subsidiary in the previous consolidated fiscal year, was included in the scope of consolidation from the first quarter of the current consolidated fiscal year because its materiality had increased. PT. KAPURINDO SENTANA BAJA, which was an equity-method affiliate excluded from the equity method in the previous consolidated fiscal year, was included in the scope of application of the equity method because its materiality had increased.」
The Indonesian rental subsidiary was included in the scope of consolidation, and the affiliate was brought within the scope of the equity method, reflecting the increased importance of the overseas business bases in the accounts. - FY2016First statedAnnual report
「The Group has already established subsidiaries in the People’s Republic of China and the Kingdom of Thailand as bases for the sales, rental and manufacture of temporary equipment, and has also begun selling and renting temporary equipment in Indonesia. We will build and strengthen coordination among these bases and expand the business in the Southeast Asian economic region, which has potentially high economic growth.」
The Group began sales and rental operations in Indonesia in addition to China and Thailand and aims to expand in Southeast Asia through coordination among its bases.