Enhanced management control through separate reporting segments for China and Asia
First written in FY2021-Q1. 8 of 12 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 5 of 16 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「From the current consolidated fiscal year, the Indian subsidiary “TENRYU SAW INDIA PRIVATE LIMITED,” whose significance has increased due to its expanding scale and other factors, has been included in the scope of consolidation. It is included in the “Asia” segment.」
While maintaining the 5-region reporting structure separating China and Asia, the Group has incorporated the Indian subsidiary, whose significance has increased, into the Asia segment and expanded the scope of management and disclosure. - FY2025-H1AdvancedAnnual report
「From the current interim consolidated accounting period, the Indian subsidiary “TENRYU SAW INDIA PRIVATE LIMITED,” whose significance has increased due to its expanding scale and other factors, has been included in the scope of consolidation. It is included in the “Asia” segment.」
While maintaining the reporting segment structure separating China and Asia, the Group has included the Indian subsidiary, whose significance has increased, in the Asia segment and expanded the scope of region-based management and disclosure. - FY2024RestatedAnnual report
「The Group consists of region-based segments organized around its manufacturing and sales structure, with Japan, China, Asia, the United States and Europe as its 5 reporting segments.」
The 5-region reporting structure, with China and Asia separated, continues, and revenue, profit and assets are disclosed by region. - FY2024-Q3RestatedAnnual report
「② China Due to a decline in orders and sales of carbide-tipped saw blades for housing materials, the main product manufactured at the plant, revenue was ¥2,644 million, down 37.3% year on year. ③ Asia As in China, orders and sales of carbide-tipped saw blades for housing materials, the main product manufactured at the plant, declined substantially, resulting in revenue of ¥764 million, down 36.7% year on year.」
The separate reporting segments for China and Asia continue to be applied, with revenue and segment profit disclosed by region. Declines in orders and sales of carbide-tipped saw blades for housing materials and lower plant utilization are reported in both regions. - FY2024-Q1RestatedAnnual report
「② China Due to a decline in orders for carbide-tipped saw blades for housing materials, the main product manufactured at the China plant, revenue was ¥701 million, down 48.8% year on year. Segment profit (operating profit) was ¥25 million, down 90.2% year on year, primarily due to the decline in plant utilization resulting from lower orders. ③ Asia As at the China plant, orders and sales of carbide-tipped saw blades for housing materials declined substantially. Revenue was ¥237 million, down 43.5% year on year, while segment loss (operating loss) was ¥17 million, mainly due to the decline in plant utilization, compared with segment profit (operating profit) of ¥63 million in the same period of the previous fiscal year.」
The separate reporting segments for China and Asia continue to be applied, with revenue and profit disclosed by region. Both regions recorded substantial declines in revenue and profit or losses due to lower orders for carbide-tipped saw blades for housing materials and lower plant utilization. - FY2023-Q2RestatedAnnual report
「① Japan Exports declined due to the economic downturn in overseas markets, but domestic sales remained firm and the weaker yen had a positive effect, resulting in revenue of ¥5,925 million, up 5.7% year on year, and segment profit (operating profit) of ¥547 million, up 4.6% year on year. ② China Revenue in local currency (yuan) in China declined due in part to the impact of lockdowns under the zero-COVID policy, but the weaker yen had a positive effect, resulting in revenue of ¥2,921 million, up 4.4% year on year.」
The separate reporting segments for China and Asia continue to be applied, with revenue and segment profit disclosed for Japan, China, Asia, the United States and Europe. - FY2022-Q3RestatedAnnual report
「② China Sales of carbide-tipped saw blades for metal and housing materials remained strong, resulting in revenue of ¥4,226 million, up 50.9% year on year. ③ Asia In addition to firm sales of carbide-tipped saw blades for housing materials, orders for carbide-tipped saw blades for metal are showing signs of recovery, resulting in revenue of ¥1,083 million, up 30.8% year on year.」
The separate reporting segments for China and Asia continue to be applied, with revenue and segment profit disclosed for Japan, China, Asia, the United States and Europe. - FY2022-Q2RestatedAnnual report
「② China Sales of carbide-tipped saw blades for metal and housing materials remained strong, resulting in revenue of ¥2,799 million, up 54.6% year on year. ③ Asia In addition to the recovery in orders for carbide-tipped saw blades for metal, sales of carbide-tipped saw blades for housing materials remained firm, resulting in revenue of ¥720 million, up 33.8% year on year.」
The separate reporting segments for China and Asia continue to be applied, with revenue and segment profit disclosed for Japan, China, Asia, the United States and Europe. - FY2022-Q1RestatedAnnual report
「① Japan Sales, including exports, generally remained strong, resulting in revenue of ¥2,847 million, up 43.6% year on year. ② China Sales of carbide-tipped saw blades for housing materials remained strong, resulting in revenue of ¥1,290 million, up 55.4% year on year. ③ Asia Revenue was ¥364 million, up 22.2% year on year, due in part to the recovery in orders for carbide-tipped saw blades for metal.」
The separate reporting segments for China and Asia continue to be applied, with revenue and segment profit disclosed for Japan, China, Asia, the United States and Europe. - FY2021-Q3RestatedAnnual report
「From the first quarter of the current consolidated accounting period, we have reviewed the Group's management control methods to enhance management control under a new structure in line with business expansion. As a result, the reporting segment previously designated as “Asia” has been changed to 2 segments, “China” and “Asia.”」
The separate reporting for China and Asia introduced in the first quarter was also applied in the third quarter, with revenue and segment profit disclosed for each segment. The revised region-by-region management structure continues. - FY2021-Q2AdvancedAnnual report
「From the first quarter of the current consolidated accounting period, we have reviewed the Group's management control methods to enhance management control under a new structure in line with business expansion. As a result, the reporting segment previously designated as “Asia” has been changed to 2 segments, “China” and “Asia.”」
The separate reporting for China and Asia introduced in the first quarter was also applied in the second quarter, with revenue and segment profit disclosed for each segment. The revised region-by-region management structure has continued and become established in reporting practices. - FY2021-Q1First statedAnnual report
「From the first quarter of the current consolidated accounting period, we have reviewed the Group's management control methods to enhance management control under a new structure in line with business expansion. As a result, the reporting segment previously designated as “Asia” has been changed to 2 segments, “China” and “Asia.”」
As part of a review of management control methods accompanying business expansion, the former “Asia” segment has been separated into “China” and “Asia,” and a region-by-region performance management structure has been introduced.