Global Business Expansion under the Medium-Term Management Plan “Breakthrough to 2020”
First written in FY2017-Q3. 14 of 22 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 2 of 11 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the “Medium-Term Management Plan for the Fiscal Years Ending March 2025 to March 2027,” announced on 23 May 2024, the Company set out “strengthening global collaboration and unity,” “implementing structural reforms” and “investing management resources in priority markets” as its basic policies.」
The Company continues to set out the three basic policies of its medium-term management plan and will pursue global collaboration, structural reforms and investment in priority markets. - FY2026-H1RestatedAnnual report
「There have been no material changes to the management policies, management strategies or other matters established by our group during the interim consolidated accounting period.」
The company continues to explain that there have been no significant changes to its management policy, management strategy or other related matters. - FY2025RestatedAnnual report
「In the “Medium-Term Management Plan for the Fiscal Years Ending March 2025 to March 2027,” announced on 23 May 2024, the Company set out “strengthening global collaboration and unity,” “implementing structural reforms” and “investing management resources in priority markets” as its policies.」
The Company continues to set out the three policies of its medium-term management plan and will pursue global collaboration, structural reforms and investment in priority markets. - FY2025-H1RestatedAnnual report
「There have been no material changes to the management policies, management strategies or other matters established by our group during the interim consolidated accounting period.」
The company continues to explain that there have been no significant changes to its management policy, management strategy or other related matters. - FY2024ReframedAnnual report
「The “New Medium-Term Management Plan for the Fiscal Years Ending March 2025 to March 2027,” announced on 23 May 2024, is positioned as a “three-year plan to take steps toward a leap forward,” with “strengthening global collaboration and unity,” “implementing structural reforms” and “investing management resources in priority markets” as its three themes.」
The Company has transitioned from the previous plan to the new medium-term management plan for the fiscal years ending March 2025 to March 2027, with global collaboration, structural reforms and investment in priority markets as its three themes. - FY2024-Q3RestatedAnnual report
「There were no material changes during the nine-month period of the current consolidated fiscal year in the group's management policies, management strategies or other matters.」
The filing explicitly states that there were no material changes to the management policies, management strategies or related matters. - FY2024-Q2RestatedAnnual report
「There were no material changes during the cumulative second quarter to the Group's management policies, management strategies or other related matters.」
The filing explicitly states that there were no material changes to the management policies, management strategies or related matters. - FY2024-Q1RestatedAnnual report
「There were no material changes during the first quarter of the current consolidated cumulative period in the Group's management policies, management strategies or other related matters.」
The filing explicitly states that there were no material changes to the management policies, management strategies or related matters. - FY2023-Q3RestatedAnnual report
「There were no material changes during the nine-month period of the current consolidated fiscal year in the group's management policies, management strategies or other matters.」
The filing explicitly states that there were no material changes to the management policies, management strategies or related matters. - FY2023-Q1RestatedAnnual report
「There were no material changes during the first quarter of the current consolidated cumulative period in the Group's management policies, management strategies or other related matters.」
The filing explicitly states that there were no material changes to the management policies, management strategies or related matters. - FY2022RestatedAnnual report
「For the fiscal year ending March 2023, the situation in Ukraine is expected to worsen and crude oil and raw material prices are expected to remain high. However, the Company expects earnings to improve through the return to profitability of new plants and structural reforms such as the One China project, in addition to progress in passing higher costs on to prices.」
The Company identifies the return to profitability of new plants, the One China project and passing higher costs on to prices as measures to improve earnings, but describes them as future prospects rather than specific completion or achievement results. - FY2022-Q3RestatedAnnual report
「There were no material changes during the nine-month period of the current consolidated fiscal year in the group's management policies, management strategies or other matters.」
The filing explicitly states that there were no material changes to the management policies, management strategies or related matters. - FY2021ReframedAnnual report
「In the “New Medium-Term Management Plan for the Fiscal Years Ending March 2022 to March 2024,” announced on 14 May 2021, the Company set out “strengthening the governance system,” “strengthening the earnings structure” and “strengthening the financial position” as its policies.」
The framework of the plan has shifted from the previous “Breakthrough to 2020” to strengthening governance, the earnings structure and the financial position under the new medium-term management plan for the fiscal years ending March 2022 to March 2024. - FY2021-Q3WorsenedAnnual report
「Segment profit increased 79.2% year on year to ¥92 million. Although the delay in starting mass production at the Czech plant due to the impact of COVID-19 increased the burden, this was more than offset by factors including the streamlining of the production system in the United Kingdom.」
For the Czech plant, part of the global facility expansion measures, the Company reported a delay in the start of mass production due to the impact of COVID-19. Meanwhile, the production system in the United Kingdom is being streamlined. - FY2020ReframedAnnual report
「The Czech plant and the expansion of the Saitama plant will mark the final phase of major investment, and there are currently no plans to establish any new plants. In the fiscal year ending March 2021, progress toward breaking even at these new plants is expected to stall temporarily due to the impact of COVID-19, but after economic activity normalizes, the Company will resume efforts to expand earnings.」
The wording has shifted from the previous phase of expansion, focused on establishing new plants, to prioritizing the monetization of existing facilities, with the Czech plant and the expansion of the Saitama plant marking the end of the current phase and no new plant establishment plans. - FY2020-Q3RestatedAnnual report
「Although sales to the housing equipment and infrastructure sectors declined, expansion in the medical sector and other factors drove sales up 3.3% year on year to ¥1,880 million. The segment loss was ¥220 million, compared with a loss of ¥264 million in the same quarter of the previous year, as the deficit narrowed following the partial start-up of the Mexico Plant's automotive production line.」
Part of the automotive production lines at the Mexican plant, which had been described as part of the global business expansion measures, continued to operate. No completion of a new plant or achievement of full-scale operation was indicated. - FY2020-Q1AdvancedAnnual report
「The start of full-scale operations on part of the Mexico Plant's production line, together with strong performance in the medical sector and other factors, drove sales up 10.5% year on year to ¥678 million.」
The Company indicated that part of the production lines at the Mexican plant, which had been described as part of its global business expansion measures, had reached full-scale operation. - FY2019-Q3AdvancedAnnual report
「To strengthen sales in the growing Mexican and Central and South American markets, particularly in the automotive industry, the Company established an independent local subsidiary in Mexico, transferred the businesses of the Querétaro and Nogales plants formerly under AAM, and reorganized its operations in the Americas.」
To strengthen sales in the Mexican and Central and South American markets, the Company established an independent local subsidiary, transferred the businesses of the Querétaro and Nogales plants, and reorganized its operations in the Americas. - FY2019-Q2AdvancedAnnual report
「Revenue increased by 16.5% year on year to ¥1.021 billion on strong automotive and aircraft-related demand, among other factors, but segment profit decreased by 19.8% to ¥77 million due to costs incurred in preparing to open a new plant in the Czech Republic and rising material costs, among other factors.」
For the new Czech plant, which had previously been described as a plan, the Company reported that expenses for preparations for its opening had actually been incurred, indicating progress to the preparation stage. - FY2018RestatedAnnual report
「In Asia, the Company will continue investing in the establishment of the Indian plant and the expansion of the Vietnam and Indonesian plants. In Europe, it will establish a plant in the Czech Republic, next to Germany, the center of the automotive market, to expand into the automotive business on the European continent. In the Americas, it will invest in its plant in Querétaro, Mexico, in particular, to strengthen its business in Central and South America.」
As measures to expand the global business, the Company specifically identifies investment in establishing or expanding plants in India, Vietnam, Indonesia, the Czech Republic and Mexico. No completion of these investments is reported. - FY2017RestatedAnnual report
「The Company will actively pursue overseas investment to expand distribution channels to Japanese, European and U.S. automotive parts manufacturers in emerging markets. In Asia, it will expand the Vietnam plant, establish a new plant in India, and establish a sales office in the Wuhan region and reorganize its China business.」
The Company details specific investments and facility initiatives in Vietnam, India, China, Europe and the Americas related to the expansion of its global business under “Breakthrough to 2020.” However, this disclosure provides greater detail on plans and initiatives and does not indicate the completion of individual initiatives or achievement of targets. - FY2017-Q3First statedAnnual report
「The Company also formulated the medium-term management plan “Breakthrough to 2020,” designating the expansion of its global business as one of its priority measures to achieve the plan.」
The medium-term management plan “Breakthrough to 2020” and the expansion of the global business as one of its priority measures are disclosed for the first time.