Expanding the Scale of the Automotive Parts Processing Business and Increasing Production Capacity
First written in FY2016. 12 of 39 entries say "Worsened", first in FY2018-Q2. Latest entry: 2026-08-07.
2 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「During the first quarter of the current fiscal year, the Company worked to achieve optimal production in line with customers' production plans, while pursuing price negotiations and expense reductions to improve profitability.」
The Automotive Parts Processing Business continued optimal production, price negotiations and expense reductions, with operating profit up 34.0% year on year. - FY2026AdvancedAnnual report
「For the fiscal year, consolidated revenue was ¥168 million, down 7.5% year on year, and operating income was ¥14 million, up 60.7% year on year.」
The automotive parts processing business reported lower revenue, but operating income increased 60.7% year on year to ¥14 million, reflecting progress in improving profitability. The company implemented information sharing with existing customers, optimized production, negotiated prices and reduced expenses. - 2026-05-08OtherRevision of earnings forecasts
「For the fiscal year under review, the Automotive Parts Processing Business recorded net sales of ¥168 million, down 7.5% year on year, and operating profit of ¥14 million, up 60.7%.」
The Automotive Parts Processing Business saw a decline in net sales but an increase in operating profit. - FY2026-H1AdvancedAnnual report
「For the interim consolidated accounting period, consolidated revenue was ¥88 million, up 3.3% year on year, and operating income was ¥7 million, compared with an operating loss of ¥2 million in the same period of the previous year. While revenue from existing projects remained stable, profit margins improved due to optimized production and the effects of price revisions, resulting in operating income.」
The automotive parts processing business returned to operating profitability from an operating loss in the same period of the previous year, as revenue from existing projects remained stable and optimized production and price revisions took effect. - FY2025Revenue declined, but the business returned to operating profitabilityAnnual report
「The business returned to operating profitability as efforts to improve profitability paid off, including the dissolution of the loss-making overseas consolidated subsidiary TP MACHINE PARTS CO., LTD., the discontinuation of unprofitable projects and negotiations over transaction terms.」
The automotive parts processing business reported a 35.4% decline in revenue, but recorded operating income of ¥8 million and returned to operating profitability through the dissolution of the overseas subsidiary, the discontinuation of unprofitable projects and negotiations over transaction terms. - FY2025-H1Losses narrowed after dissolution of overseas subsidiaryAnnual report
「Although revenue declined due to lower production volumes resulting from weak sales to overseas automotive manufacturers, the operating loss narrowed as a result of the dissolution of the loss-making overseas consolidated subsidiary TP MACHINE PARTS CO., LTD. and efforts to improve profitability, including a review of transaction terms.」
The automotive parts processing business reported lower revenue due to weak sales to overseas automotive manufacturers, while its operating loss narrowed from ¥12 million in the same period of the previous year to ¥2 million following the dissolution of TP MACHINE PARTS and a review of transaction terms. - FY2024Formal resolution to dissolve and liquidate unprofitable subsidiaryAnnual report
「For the fiscal year, consolidated revenue was ¥282 million, down 4.7% year on year, and the operating loss was ¥19 million, compared with an operating loss of ¥32 million in the previous year. As part of a review of unprofitable businesses, TP MACHINE PARTS CO., LTD., the company’s consolidated subsidiary engaged in automotive parts processing in Thailand, resolved to dissolve the company at an extraordinary general meeting of shareholders held on 14 December 2023 and is currently undergoing liquidation procedures.」
The core business narrowed its operating loss, while the Thai subsidiary moved to dissolution and liquidation as part of a review of unprofitable businesses. - FY2024-Q3Core business losses narrowed; liquidation of Thai subsidiary continuedAnnual report
「Although production adjustments by automotive manufacturers that are customers continued, demand was gradually recovering compared with the same period of the previous year, which was significantly affected by parts shortages. Revenue therefore remained solid and the operating loss narrowed. In addition, as part of a review of unprofitable businesses, the company resolved at a meeting of its board of directors held on 31 October 2023 to dissolve and liquidate TP MACHINE PARTS CO., LTD., its consolidated subsidiary engaged in automotive parts processing in Thailand. The company will continue working to improve the profitability of the group.」
The automotive parts processing business narrowed its operating loss from ¥18 million to ¥11 million year on year, while revenue declined 1.8%. The policy of dissolving and liquidating the Thai subsidiary was also reiterated. - FY2024-Q2Core business improved, but Thai subsidiary was liquidatedAnnual report
「For the first six months of the current fiscal year, consolidated revenue was ¥148 million, up 3.8% year on year, and the operating loss was ¥12 million, compared with an operating loss of ¥16 million in the same period of the previous year. Although production adjustments by automotive manufacturers that are customers continued, demand showed signs of recovery compared with the same period of the previous year, which was significantly affected by parts shortages. As a result, revenue increased and the operating loss narrowed. / The company was unable to secure its planned production volume, and continued to report an operating deficit. After comprehensively reviewing the future outlook and potential improvement measures in light of these circumstances, it determined that it would be difficult to put the business on a sustainable footing and decided to dissolve and liquidate the company.」
The standalone automotive parts processing business reported higher revenue and a narrower operating loss, but TP MACHINE PARTS in Thailand continued to report an operating deficit because it could not secure sufficient production volume. The company therefore decided to dissolve and liquidate the subsidiary and waive its receivable. Some measures to expand the business were scaled back or discontinued. - FY2024-Q1MitigatedAnnual report
「Although the automotive manufacturer that is a customer made production adjustments, production volume increased as the impact of supply chain disruptions and other factors eased, and the operating loss narrowed.」
Although production adjustments by automotive manufacturers continued, the impact of supply chain disruptions eased, and the operating loss narrowed from ¥10 million in the same period of the previous year to ¥4 million as production volume increased. - FY2023-Q3MitigatedAnnual report
「Demand from automotive manufacturers and other customers was gradually recovering, although unstable, and revenue was approximately at the same level as in the previous fiscal year. In terms of profitability, the deficit narrowed as a result of efforts to flexibly adjust production to order volumes and reduce costs.」
The automotive parts processing business reported a 0.6% year-on-year increase in revenue, while the operating loss narrowed from ¥25 million to ¥18 million through flexible production measures and cost reductions. - FY2023-Q2WorsenedAnnual report
「For the first six months of the current fiscal year, consolidated revenue was ¥143 million, down 10.1% year on year, and the operating loss was ¥16 million, compared with an operating loss of ¥8 million in the same period of the previous year. Production adjustments were made by automotive manufacturers and other customers due to inventory adjustments, parts shortages and other factors, resulting in declines in both revenue and profitability.」
Production adjustments by automotive manufacturers and other customers due to inventory adjustments and parts shortages resulted in lower revenue and a wider operating loss than in the same period of the previous year. - FY2023-Q1WorsenedAnnual report
「For the first three months of the current fiscal year, consolidated revenue was ¥69 million, down 15.1% year on year, and the operating loss was ¥10 million, compared with an operating loss of ¥0 million in the same period of the previous year. Production adjustments by automotive manufacturers that are customers, caused by supply chain disruptions including parts shortages associated with overseas lockdowns, resulted in declines in both revenue and profitability.」
The automotive parts processing business reported lower revenue due to parts shortages associated with overseas lockdowns and production adjustments by customers, while the operating loss widened. - FY2022WorsenedAnnual report
「For the fiscal year, consolidated revenue was ¥298 million, down 56.7% year on year, and the operating loss was ¥29 million, compared with an operating loss of ¥21 million in the previous year.」
The automotive parts processing business reported a substantial decline in revenue as production cuts by customers due to the semiconductor shortage and other factors continued through the end of the fiscal year. The operating loss widened from ¥21 million to ¥29 million, and the company also recorded an impairment loss of ¥27 million because its Thai subsidiary was no longer expected to generate the projected earnings. - FY2022-Q3WorsenedAnnual report
「For the first nine months of the current fiscal year, consolidated revenue was ¥223 million, down 52.8% year on year, and the operating loss was ¥25 million, unchanged from the same period of the previous year. Although the company’s performance was recovering as demand for automotive parts rebounded, continued production cuts by customers due to the semiconductor shortage and other factors from the second quarter onward weighed on production volume and profit.」
The automotive parts processing business continued to be affected by production cuts by customers due to the semiconductor shortage and other factors, resulting in a 52.8% year-on-year decline in revenue. The operating loss was unchanged from the previous year, and progress toward expanding the business deteriorated. - FY2022-Q2Revenue declined due to the semiconductor shortage, but the operating loss narrowedAnnual report
「For the first six months of the current fiscal year, consolidated revenue was ¥159 million, down 42.7% year on year, and the operating loss was ¥8 million, compared with an operating loss of ¥28 million in the same period of the previous year. Although the company’s performance was recovering as demand for automotive parts rebounded, production cuts by customers due to the semiconductor shortage and other factors from August onward weighed on production volume and profit.」
The automotive parts processing business reported a substantial decline in revenue due to production cuts by customers caused by the semiconductor shortage and other factors, while the operating loss narrowed from the previous year. Progress toward expanding the business was hindered, although profitability improved. - FY2022-Q1MitigatedAnnual report
「For the first three months of the current fiscal year, consolidated revenue was ¥82 million, down 20.5% year on year, and the operating loss was ¥0 million, compared with an operating loss of ¥21 million in the same period of the previous year. As demand from the automotive manufacturers that are customers continued to recover, production volume increased substantially and profitability also improved.」
Revenue declined partly due to the adoption of the revenue recognition accounting standard, but production volume increased as demand from automotive manufacturers recovered, and the operating loss was almost eliminated from ¥21 million in the same period of the previous year. - FY2021MitigatedAnnual report
「The automotive parts processing business reported revenue of ¥688 million, down 15.5% year on year, and an operating loss of ¥21 million, compared with an operating loss of ¥33 million in the same period of the previous year. The operating loss narrowed as a result of appropriate production measures and cost reductions.」
Although the scale of revenue contracted, the operating loss narrowed due to the recovery in demand, production measures and cost reductions. - FY2021-Q3MitigatedAnnual report
「Although revenue declined due to the significant impact of production adjustments by existing customers in the first quarter, demand for automotive parts has been recovering since July 2020. As a result of appropriate production measures and cost reductions, the operating loss narrowed slightly.」
Revenue was sluggish, down 19.0% year on year, but the operating loss narrowed slightly from ¥30 million to ¥25 million due to the recovery in demand for automotive parts, production measures and cost reductions. - FY2021-Q2WorsenedAnnual report
「For the first six months of the current fiscal year, consolidated revenue was ¥278 million, down 29.8% year on year, and the operating loss was ¥28 million, compared with an operating loss of ¥20 million in the same period of the previous year. Although demand for automotive parts was recovering, the impact of production adjustments by existing customers in the first quarter was significant, resulting in declines in both revenue and operating income.」
The automotive parts processing business reported lower revenue, and its operating loss widened. Production adjustments by existing customers hindered business expansion and improvements in profitability. - FY2021-Q1WorsenedAnnual report
「For the first three months of the fiscal year, revenue was ¥103 million, down 50.2% year on year, and the operating loss was ¥21 million, compared with operating profit of ¥6 million in the same period of the previous year. Revenue and operating profit both declined sharply as successive production adjustments by automakers accompanied the spread of COVID-19.」
The automotive parts processing business saw revenue decline 50.2% and results turn from operating profit in the same period of the previous year to an operating loss of ¥21 million. Production adjustments by automakers directly affected the scale and profitability of the business. - FY2020WorsenedAnnual report
「For the fiscal year, revenue was ¥814 million, up 6.5% year on year, and the operating loss was ¥33 million, compared with an operating loss of ¥32 million in the previous fiscal year. Although standalone revenue remained firm, upfront investment for business expansion by the Thai consolidated subsidiary put pressure on earnings, resulting in a consolidated operating loss.」
Although revenue increased, the operating loss widened from ¥32 million to ¥33 million due to upfront investment for business expansion by the Thai subsidiary, and consolidated profitability was not achieved. - FY2020-Q3RestatedAnnual report
「For the first nine months of the fiscal year, revenue was ¥585 million, up 4.7% year on year, and the operating loss was ¥30 million, unchanged from the same period of the previous year. While pursuing sales activities to secure new orders, the company saw sluggish revenue due to production adjustments by existing customers and the replacement of components resulting from model changes.」
Although the automotive parts processing business increased revenue, the operating loss was unchanged year on year and the deficit continued. Sales activities for new orders progressed, but production adjustments by existing customers and component replacements due to model changes were headwinds. - FY2020-Q2WorsenedAnnual report
「For the first six months of the fiscal year, revenue was ¥396 million, up 1.5% year on year, and the operating loss was ¥20 million, compared with an operating loss of ¥17 million in the same period of the previous year. Revenue remained sluggish as existing customers revised their production plans downward. Although the company worked to secure earnings through appropriate production measures and cost reductions, it recorded an operating loss.」
Although revenue increased 1.5%, the operating loss widened from ¥17 million to ¥20 million due to downward revisions to existing customers' production plans. The company pursued production measures and cost reductions, but did not achieve profitability. - FY2020-Q1WorsenedAnnual report
「For the first three months of the fiscal year, revenue was ¥207 million, down 3.1% year on year, and the operating loss was ¥6 million, compared with operating profit of ¥1 million in the same period of the previous year. While orders for existing processed parts remained firm, the company worked to respond appropriately to production requirements and reduce costs, and actively pursued sales activities to secure new orders.」
The automotive parts processing business saw revenue decline 3.1% and the operating loss widen from ¥1 million to ¥6 million. Although the company pursued production measures, cost reductions and sales activities for new orders, quarterly performance deteriorated. - FY2019AdvancedAnnual report
「For the fiscal year, revenue was ¥764 million, up 0.8% year on year, and the operating loss was ¥32 million, compared with an operating loss of ¥45 million in the previous fiscal year. Although the company focused on securing revenue and reducing costs, revenue remained at the same level as in the previous fiscal year, preventing fixed costs from being absorbed and resulting in an operating loss.」
The automotive parts processing business posted a slight increase in revenue, and the operating loss narrowed from ¥45 million to ¥32 million. The company continued efforts to expand revenue and reduce costs, but did not achieve profitability. - FY2019-Q3AdvancedAnnual report
「For the first nine months of the fiscal year, revenue was ¥559 million, up 1.0% year on year, and the operating loss was ¥30 million, compared with an operating loss of ¥34 million in the same period of the previous year. The standalone company pursued sales activities to win orders for new parts and reduce costs through production rationalization and efficiency improvements amid declining orders for existing parts. The Thai consolidated subsidiary focused on securing revenue, but revenue remained sluggish for both businesses, resulting in an operating loss.」
The company pursued sales activities for new parts orders and production rationalization and efficiency improvements, with revenue up 1.0% and the operating loss narrowing from ¥34 million to ¥30 million. However, the deficit continued. - FY2019-Q2AdvancedAnnual report
「The company pursued sales activities to secure new orders, including responding to inquiries, to expand the scale of revenue, but sales remained sluggish as production plans for parts under existing orders were revised downward, resulting in an operating loss.」
Although sales activities to secure new orders progressed, revenue increased 4.4% year on year and the operating loss narrowed from ¥23 million to ¥17 million, profitability was not achieved due to downward revisions to production plans for parts under existing orders. - FY2019-Q1AdvancedAnnual report
「For the first three months of the fiscal year, revenue was ¥214 million, up 5.0% year on year, and the operating loss was ¥1 million, compared with an operating loss of ¥9 million in the same period of the previous year. Standalone results recorded operating profit as demand that had recovered toward the end of the previous fiscal year supported revenue and cost and expense reductions delivered results. Although the overseas subsidiary also gradually increased sales, its small scale meant it could not absorb costs, resulting in a consolidated operating loss.」
The automotive parts processing business increased revenue, and the operating loss narrowed from ¥9 million to ¥1 million. The standalone company recorded operating profit through cost reductions, but the overseas subsidiary remained too small to achieve consolidated profitability. - FY2018WorsenedAnnual report
「Downward revisions to major customers' production plans had a significant impact on performance throughout the fiscal year, and sluggish revenue resulted in a wider operating loss year on year.」
The automotive parts processing business recorded revenue of ¥758 million, down 22.3% year on year, and an operating loss of ¥45 million, with the deficit widening due to downward revisions to major customers' production plans. - FY2018-Q3WorsenedAnnual report
「In the automotive parts processing business, revenue for the first nine months of the fiscal year was ¥553 million, down 26.4% year on year, and the operating loss was ¥34 million, compared with an operating loss of ¥13 million in the same period of the previous year. The impact of downward revisions to major customers' production plans continued throughout the first nine months, and the resulting sluggish revenue caused the operating loss to widen year on year.」
Downward revisions to major customers' production plans continued, with revenue down 26.4% year on year and the operating loss widening from ¥13 million to ¥34 million. - FY2018-Q2WorsenedAnnual report
「Although the Thai consolidated subsidiary gradually expanded its transaction volume, standalone revenue remained sluggish due to the replacement of components used by multiple automakers and other factors, and the operating loss widened year on year.」
The Thai subsidiary expanded its transaction volume, but revenue declined due to the replacement of components used by automakers and other factors. Revenue fell 26.8% year on year to ¥374 million, and the operating loss widened to ¥23 million. - FY2018-Q1Revenue declined and losses widened, while the overseas subsidiary fell short of contributing to profit.Annual report
「In the automotive parts processing business, revenue for the first three months of the fiscal year was ¥203 million, down 12.1% year on year, and the operating loss was ¥9 million, compared with an operating loss of ¥8 million in the same period of the previous year. Orders from major customers for existing products declined due to the shift in components used by manufacturers of final consumer products and other factors, causing revenue to fall. The overseas subsidiary focused on sales activities to establish an earnings base, and the results were gradually beginning to emerge, but had not yet contributed to segment results for the period.」
Revenue declined and the operating loss continued as major customers reduced orders for existing products, while the overseas subsidiary's sales activities gradually began to deliver results. However, it fell short of contributing to segment results for the quarter. - FY2018-Q1AdvancedAnnual report
「The additional acquisition was carried out to expand machinery and equipment for business expansion and strengthen the financial base by enhancing capital.」
The company subscribed to a third-party allocation of shares by its Thai automotive parts processing subsidiary on 7 April 2017 and made an additional investment of ¥32 million. It proceeded with machinery and equipment expansion and strengthened the financial base. - FY2017AdvancedAnnual report
「Standalone revenue remained broadly in line with plan throughout the period, and operating profit was recorded partly due to lower depreciation expenses resulting from restrained capital investment. However, the consolidated results recorded a loss because the business of the subsidiary established in Thailand remained sluggish and did not generate sufficient earnings.」
The standalone company recorded operating profit, and the consolidated operating loss narrowed from ¥26 million to ¥23 million year on year, but the deficit continued due to the Thai subsidiary's sluggish performance. - FY2017-Q3Losses continued and narrowed as the Thai subsidiary remained sluggish.Annual report
「In the automotive parts processing business, revenue for the first nine months of the fiscal year was ¥752 million, down 1.9% year on year, and the operating loss was ¥13 million, compared with an operating loss of ¥18 million in the same period of the previous year. Although standalone revenue remained broadly high, the business recorded a loss because the performance of the consolidated subsidiary established in Thailand remained sluggish.」
The operating loss narrowed from ¥18 million in the same period of the previous year to ¥13 million, but the Thai consolidated subsidiary remained sluggish, resulting in a consolidated loss. - FY2017-Q2Consolidated losses continued as the Thai subsidiary's contribution was delayed.Annual report
「Although the standalone company increased revenue and recorded operating profit in the second quarter, the contribution of the consolidated subsidiary established in Thailand was delayed, resulting in a consolidated loss.」
Although standalone results improved, the contribution from the Thai consolidated subsidiary was delayed, and the automotive parts processing business recorded a consolidated operating loss of ¥5 million. - FY2017-Q1Sales to major customers remained sluggish even after the capital investment.Annual report
「In the automotive parts processing business, revenue for the first three months of the fiscal year was ¥232 million, down 9.6% year on year, and the operating loss was ¥8 million, compared with an operating loss of ¥2 million in the same period of the previous year. Sluggish sales to major customers meant that depreciation and other expenses related to capital investment made in the previous fiscal year could not be fully absorbed, resulting in a loss.」
Although capital investment was made in the previous fiscal year, the quarter ended in a loss due to sluggish sales to major customers and depreciation expenses. - FY2016First statedAnnual report
「For the automotive parts processing business, the company will implement measures based on two directions, developing new customers and increasing production capacity, to expand the business and improve profitability in the future.」
The company aims to expand the automotive parts processing business through new customers and capital investment.