Regionally Optimized Production Across North American Sites and Full-Scale Production at Austin Tri-Hawk
First written in FY2016. 14 of 30 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026-H1.
G-Tekt moved to the "Worse" side of this theme in 2018.
The whole theme swung hardest in 2018: 2 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Operating profit Profit increased owing to lower labor costs resulting from improved production efficiency and reductions in miscellaneous expenses.」
In North America, revenue fell 7.7% year on year owing to lower production volumes and foreign-exchange effects, while operating profit increased from ¥1,267 million to ¥1,896 million owing to improved production efficiency, lower labor costs and reductions in miscellaneous expenses. - FY2025AdvancedAnnual report
「North America Revenue rose 5.2% year on year to ¥125,761 million despite lower production volumes, owing to changes in model mix and higher revenue from model development, including dies, prototypes and other items. Operating profit rose 24.6% year on year to ¥5,025 million. Although inflation increased labor costs, higher mass-production and model-development revenue contributed to the increase.」
In North America, although production volumes declined and labor costs increased, operating profit rose 24.6% year on year to ¥5,025 million owing to higher mass-production and model-development revenue, indicating continued progress in earnings improvement for the full year. - FY2025-H1AdvancedAnnual report
「Revenue Revenue increased owing to higher production volumes and foreign-exchange effects, despite lower revenue from model development, including dies, equipment and prototypes. Operating profit Profit increased owing to higher mass-production revenue.」
In North America, revenue was ¥62,964 million, up 10.1% year on year, and operating profit was ¥1,267 million, up 12.0%, owing to higher production volumes. The effect of increased production after improvements in the production structure continued to appear in results. - FY2024-Q3AdvancedAnnual report
「Operating profit Although labor costs increased as a result of higher production, profit increased owing to increased value added resulting from changes in model mix and cost savings from improvements in the production structure.」
In North America, the increase in labor costs associated with higher production was absorbed, and operating results changed from a loss of ¥646 million in the same period of the previous year to profit of ¥1,732 million owing to increased value added from the model mix and cost savings from improvements in the production structure. - FY2024-Q2AdvancedAnnual report
「Operating profit Profit increased owing to the effect of higher revenue from increased mass-production sales, increased value added resulting from changes in model mix, and improvements in the production structure, among other factors.」
In North America, profit increased owing to higher mass-production revenue, increased value added from the model mix and improvements in the production structure. Operating results changed from a loss of ¥292 million in the same period of the previous year to profit of ¥1,132 million. - FY2024-Q1MitigatedAnnual report
「Operating profit Profit increased owing to the effect of higher revenue, increased value added resulting from changes in model mix, and improvements in the production structure, among other factors.」
In North America, operating results changed from an operating loss of ¥330 million in the same period of the previous year to operating profit of ¥968 million owing to higher production volumes, increased value added and improvements in the production structure. - FY2023MitigatedAnnual report
「Operating results The loss narrowed significantly owing to the effect of higher revenue and structural improvements resulting from production-line rationalization, among other factors, resulting in an operating loss of ¥9 million, compared with a loss of ¥2,250 million in the previous fiscal year.」
The North American operating loss narrowed significantly from ¥2,250 million to ¥9 million, indicating the effect of structural improvements from production-line rationalization. However, an operating loss remained. - FY2023-Q3MitigatedAnnual report
「Operating loss We worked to stabilize productivity and quality, and signs of structural improvement emerged. However, customer production in the third quarter fell significantly below plan, and the shortfall in fixed-cost recovery resulted in an operating loss.」
In North America, signs of stabilized productivity and quality and structural improvement emerged, and the operating loss narrowed from ¥2,220 million in the same period of the previous year to ¥646 million. However, customer production fell below plan, and an operating loss remained. - FY2023-Q2MitigatedAnnual report
「Operating loss Although the impact of production cuts and surging labor and other costs due to inflation was severe, we worked to improve our cost structure through cost controls. Profitability in dies and equipment improved, resulting in a return to profitability in the second quarter and a reduction in the operating loss for the cumulative period.」
In North America, although the effects of production cuts and higher labor costs and inflation remained, cost controls and improved profitability in dies and equipment resulted in a return to profitability in the second quarter and a reduction in the cumulative operating loss. - FY2023-Q1WorsenedAnnual report
「Operating loss The operating loss widened owing to the fixed-cost burden from production cuts, persistently high labor costs and higher costs associated with new-model launches, among other factors.」
In North America, the operating loss widened from ¥172 million in the same period of the previous year to ¥330 million as production cuts caused by the semiconductor shortage were compounded by persistently high labor costs and new-model launch costs. - FY2022WorsenedAnnual report
「In North America, customer production declined because of shortages of semiconductors and other parts. Revenue fell 6.5% year on year to ¥65,477 million owing to lower mass-production revenue and lower dies and equipment revenue, among other factors. Operating results were an operating loss of ¥2,250 million, compared with a loss of ¥75 million in the previous fiscal year, owing to lower revenue and higher manufacturing costs resulting from tight conditions in the U.S. labor market and inflation, among other factors.」
In North America, shortages of semiconductors and other parts, tight labor-market conditions and higher manufacturing costs caused by inflation compounded one another, widening the operating loss from ¥75 million to ¥2,250 million. - FY2022-Q3WorsenedAnnual report
「Revenue Customer production declined because of the semiconductor shortage and delays in parts supplies from Asia. Revenue declined owing to lower mass-production revenue and lower dies and equipment revenue, among other factors. Operating loss In addition to the impact of lower revenue, an operating loss was recorded owing to higher labor and manufacturing costs resulting from tight conditions in the U.S. labor market and inflation.」
In North America, revenue fell 10.4% year on year to ¥47,489 million, and the operating loss widened from ¥287 million in the same period of the previous year to ¥2,220 million. The semiconductor shortage, parts-supply delays, tight conditions in the U.S. labor market and inflation-driven cost increases compounded one another. - FY2022-Q2WorsenedAnnual report
「Revenue Revenue increased owing to higher mass-production revenue and foreign-exchange effects, among other factors, but production volumes remained sluggish because of the semiconductor shortage. Operating loss An operating loss was recorded as labor shortages and higher labor and other manufacturing costs, together with delays in reducing SG&A expenses, outweighed other factors.」
North American revenue increased, but the operating loss widened from ¥968 million in the same period of the previous year to ¥987 million because production volumes remained sluggish owing to the semiconductor shortage and labor shortages and labor costs increased. - FY2022-Q1MitigatedAnnual report
「Although operating results were an operating loss, the loss narrowed significantly from the same period of the previous year owing to the effect of higher revenue and reductions in manufacturing costs resulting from structural improvements, among other factors.」
Although North America remained in an operating loss position, the loss narrowed significantly from ¥1,453 million in the same period of the previous year to ¥172 million owing to production recovery and reductions in manufacturing costs resulting from structural improvements. - FY2021-Q3MitigatedAnnual report
「The factory shutdown in the first quarter significantly reduced mass-production revenue, but a rapid production recovery from the second quarter onward narrowed the decline in revenue to 13.2%, with revenue of ¥52,992 million. Operating results were an operating loss of ¥287 million, compared with a loss of ¥1,071 million in the same period of the previous year, but the loss narrowed owing to improvements in the production structure, among other factors.」
In North America, production recovered rapidly from the second quarter onward, narrowing the decline in revenue. The operating loss also narrowed from ¥1,071 million to ¥287 million, although a loss remained. - FY2021-Q2WorsenedAnnual report
「Although dies and equipment revenue increased, the factory was shut down in the first quarter and production recovered in the second quarter; revenue nevertheless declined 25.5% year on year to ¥30,846 million owing to lower mass-production revenue, among other factors. Operating results were an operating loss of ¥968 million, compared with a loss of ¥663 million in the same period of the previous year, owing to the impact of lower revenue, among other factors.」
Although production recovered in the second quarter in North America, revenue fell 25.5% year on year because of lower mass-production revenue, and the operating loss widened from ¥663 million to ¥968 million. - FY2021-Q1WorsenedAnnual report
「Revenue declined 65.2% year on year to ¥7,704 million, mainly because mass-production revenue fell owing to factory shutdowns. Operating results changed from profit of ¥25 million in the same period of the previous year to an operating loss of ¥1,453 million, owing to the impact of lower revenue, among other factors.」
In North America, factory shutdowns caused by COVID-19 affected revenue and earnings. Revenue fell 65.2% year on year, and operating results changed from profit in the same period of the previous year to a loss of ¥1,453 million. - FY2020WorsenedAnnual report
「In North America, both mass-production and dies and equipment revenue declined because of lower customer production volumes, changes in sales mix, and fewer or delayed new-model launches. Profit was also pressured by internal factors, including higher labor costs resulting from a decline in skilled workers and persistently high training and quality-maintenance costs resulting from the increase in immigrant workers.」
In North America, weak demand and new-model factors were compounded by a shortage of skilled workers, higher labor costs, and persistently high training and quality-maintenance costs, resulting in an operating loss of ¥1,533 million. - FY2020-Q3WorsenedAnnual report
「Revenue declined 8.7% year on year to ¥61,069 million owing to weak performance by sedan models and lower dies and equipment revenue, among other factors. Operating profit changed from profit of ¥1,297 million in the same period of the previous year to a loss of ¥1,071 million, owing to persistently high manufacturing costs and the impact of lower dies and equipment revenue, among other factors.」
In North America, revenue declined because of weak performance by sedan models, lower dies and equipment revenue, and persistently high manufacturing costs. Operating profit changed from profit in the same period of the previous year to a loss of ¥1,071 million. - FY2020-Q2WorsenedAnnual report
「Operating profit was a loss of ¥663 million, compared with profit of ¥811 million in the same period of the previous year, owing to the impact of lower dies and equipment revenue and higher labor costs, among other factors.」
In North America, operating profit changed from profit of ¥811 million in the same period of the previous year to a loss of ¥663 million because of lower dies and equipment revenue and higher labor costs, among other factors. The previous earnings pressure became further pronounced as a loss. - FY2020-Q1WorsenedAnnual report
「Operating profit was ¥25 million, down 96.6% year on year, owing to the impact of lower dies and equipment revenue and higher labor costs, among other factors.」
In North America, operating profit fell 96.6% year on year to ¥25 million because of lower dies and equipment revenue and higher labor costs, among other factors, making earnings pressure more pronounced. - FY2019-Q3AdvancedAnnual report
「Revenue rose 12.2% year on year to ¥66,922 million, owing to higher dies and equipment revenue, among other factors. Operating profit rose 47.1% year on year to ¥1,297 million.」
In North America, revenue increased on higher dies and equipment revenue, and operating profit rose 47.1% year on year. Results showed a recovery from the earnings pressure caused by new-model launches and tight employment conditions that had been evident through the previous quarter. - FY2019-Q2WorsenedAnnual report
「Operating profit was ¥811 million, down 20.5% year on year, owing to higher labor costs resulting from tight employment conditions, among other factors.」
In North America, revenue increased 9.1% year on year, while operating profit fell 20.5% because of higher labor costs associated with tight employment conditions, indicating that earnings pressure continued and became more pronounced. - FY2019-Q1WorsenedAnnual report
「Operating profit was ¥733 million, down 29.8% year on year, owing to lower production of certain models and higher labor costs resulting from tight employment conditions, among other factors.」
In North America, revenue increased 20.8% year on year, while operating profit fell 29.8% because of lower production of certain models and higher labor costs, revealing earnings pressure in the first quarter. - FY2018WorsenedAnnual report
「In North America, revenue rose 2.6% year on year to ¥80,538 million, driven by higher mass-production revenue and foreign-exchange translation effects. Operating profit fell 50.5% year on year to ¥1,758 million, as labor and other manufacturing costs temporarily increased in connection with the launch of new models. This temporary cost increase had subsided by the fourth quarter.」
North American revenue increased, but operating profit fell 50.5% year on year because of higher labor and other costs associated with the launch of new models, making the previously identified earnings pressure evident for the full year. The company stated, however, that the cost increase had subsided in the fourth quarter. - FY2018-Q3WorsenedAnnual report
「Operating profit was ¥881 million, down 67.6% year on year, as labor and other manufacturing costs temporarily increased in connection with the launch of new models.」
In North America, the temporary increase in labor and other manufacturing costs associated with new-model launches became evident, and operating profit fell 67.6% year on year. - FY2017AdvancedAnnual report
「Although North American production remained generally firm, revenue declined to ¥78,479 million, down 9.4% year on year, owing to lower non-mass-production revenue and the foreign-exchange impact of the stronger yen. Operating profit rose 0.3% year on year to ¥3,552 million, partly because of improved profitability at G-TEKT North America Corporation.」
North American revenue declined overall, while improved profitability at G-TEKT North America Corporation was identified as a factor behind the increase in operating profit. - FY2017-Q3RestatedAnnual report
「Despite costs associated with the launch of new models, operating profit rose 6.0% year on year to ¥2,720 million as profitability at new sites improved.」
Continued improvement in profitability at new sites in North America has been confirmed. - FY2017-Q1AdvancedAnnual report
「Revenue declined to ¥20,679 million, down 14.6% year on year, as the decline in dies and equipment revenue and the foreign-exchange impact of the stronger yen outweighed the increase in mass-production revenue from the launch of new models. Operating profit rose 8.3% year on year to ¥1,547 million, owing to improved profitability at newly launched sites.」
Mass-production revenue from new models increased in North America, and profitability at newly launched sites improved. - FY2016First statedAnnual report
「In North America, we promoted regionally optimized production by reviewing logistics and production capacity and relocating lines between North American sites to accommodate increased customer production. During the current fiscal year, Austin Tri-Hawk Automotive, Inc. in Indiana began full-scale production for Honda.」
Lines were relocated between North American sites and logistics and capacity were reviewed; during the current fiscal year, Austin Tri-Hawk began full-scale production for Honda.