Expansion into domestic demand and sports shoes in the Chinese market
First written in FY2017-Q1. 16 of 33 entries say "Restated". Latest entry: 2026-10-30.
Shima Seiki Mfg. moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 5 of 26 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Meanwhile, unit sales of computerized flat knitting machines in the Chinese market fell below the previous period, particularly among major Hong Kong-based customers.」
Unit sales of computerized flat knitting machines in China fell below the previous period, particularly among major Hong Kong-based customers. - 2026-05-08WorsenedEarnings
「Meanwhile, unit sales of computerized flat knitting machines in the Chinese market fell below the previous period, particularly among major Hong Kong-based customers.」
中国市場では、前中間期に確認された設備更新需要の拡大から、通期では販売台数減少へ変化した。 - FY2026-H1AdvancedAnnual report
「In China as well, replacement demand from major Hong Kong-based customers remained firm, contributing to higher sales.」
In the Chinese market, firm replacement demand from major Hong Kong-based customers contributed to higher sales. - FY2025WorsenedAnnual report
「In China, the Company's main market, capital investment for domestic demand remained sluggish because of the delayed economic recovery. Although sales were centered on core models such as the highly productive N.SVR for production sites in Southeast Asia, sales of flat knitting machines declined overall.」
In China, capital investment for domestic demand remained sluggish and sales were centered on core models for Southeast Asia, but the flat knitting machine business as a whole posted lower sales. - FY2025-H1WorsenedAnnual report
「In China, the Company's main market, capital investment for domestic demand remained sluggish because of the delayed economic recovery. Although sales were centered on core models such as the highly productive N.SVR for production sites in Southeast Asia, sales of flat knitting machines declined overall.」
In China, capital investment for domestic demand was sluggish because of the delayed economic recovery, and sales were centered on core models for Southeast Asia, but overall sales of flat knitting machines declined. - FY2024RestatedAnnual report
「In the Chinese and Hong Kong markets, capital investment for domestic demand remained sluggish because of the delayed economic recovery, while sales of core models, including the next-generation WholeGarment flat knitting machine SWG-XR adopted by major Hong Kong-based customers and the highly productive N.SVR for Southeast Asian production sites, increased.」
The full-year results also confirm the coexistence of weak domestic demand in China and Hong Kong, new SWG-XR investment by Hong Kong-based customers and growing N.SVR sales for Southeast Asia. - FY2024-Q3RestatedAnnual report
「In the Chinese and Hong Kong markets, capital investment for domestic demand remained sluggish because of the delayed economic recovery, while sales of core models, including the next-generation WholeGarment flat knitting machine SWG-XR adopted by major Hong Kong-based customers and the highly productive N.SVR for Southeast Asian production sites, increased.」
The Company reconfirms the coexistence of weak domestic-demand investment in China and Hong Kong, new SWG-XR investment by major Hong Kong-based customers and growing N.SVR sales for Southeast Asia. - FY2024-Q2Weak domestic demand and new investment by customers coexisted in the Chinese and Hong Kong marketsAnnual report
「In the Chinese and Hong Kong markets, capital investment for domestic demand remained sluggish because of the delayed economic recovery. However, sales of flat knitting machines increased overall, driven by new investment in the next-generation WholeGarment flat knitting machine SWG-XR by major Hong Kong-based customers and growing sales of the highly productive N.SVR for production sites in Southeast Asia.」
In the Chinese and Hong Kong markets, sluggish capital investment for domestic demand has continued, while new SWG-XR investment by major Hong Kong-based customers and growing N.SVR sales for Southeast Asia have coexisted. - FY2024-Q1AdvancedAnnual report
「The flat knitting machine business, the Company's core business, performed steadily in Asia. In the major Chinese and Hong Kong markets, unit sales of the WholeGarment flat knitting machine SWG-XR increased, while replacement demand from major Hong Kong-based customers for equipment at production sites in Southeast Asia supported sales of the highly productive N.SVR.」
The note cites increased unit sales of the WholeGarment flat knitting machine SWG-XR in the Chinese and Hong Kong markets, along with market expansion through the new model in addition to existing domestic-demand and shoe applications. - FY2023RestatedAnnual report
「In Asia, corporate activity and investment in production equipment stagnated significantly in China, the region's main market, because of supply-chain disruption caused by the zero-COVID policy, including the Shanghai lockdown, and sales were sluggish, particularly for WholeGarment flat knitting machines. Meanwhile, replacement demand from major Hong Kong-based customers for equipment at production sites in Southeast Asia increased, driving higher sales of the highly productive N.SVR. In Bangladesh and other locations serving as production bases for knitwear products for developed markets, orders from major apparel companies began to recover, capital investment became more active and sales increased.」
The full-year results confirm the coexistence of stagnation in the Chinese market, replacement demand from Hong Kong-based customers for Southeast Asian operations and recovering orders in Bangladesh and elsewhere. - FY2023-Q3Stagnation in the Chinese market alongside recovery in surrounding marketsAnnual report
「In Asia, corporate activity and investment in production equipment stagnated significantly in China, the region's main market, because of supply-chain disruption caused by the zero-COVID policy, including the Shanghai lockdown, and sales were sluggish, particularly for WholeGarment flat knitting machines. Meanwhile, replacement demand from major Hong Kong-based customers for equipment at production sites in Southeast Asia increased, driving higher sales of the highly productive N.SVR.」
While corporate activity and capital investment stagnated significantly in mainland China, replacement demand from Hong Kong-based customers for Southeast Asian operations and increased N.SVR sales coexisted. - FY2023-Q2RestatedAnnual report
「In the Chinese market, the Company's main market, corporate activity and investment in production equipment stagnated amid the zero-COVID policy, including the Shanghai lockdown, and sales were sluggish, particularly for WholeGarment flat knitting machines.」
In the Chinese market, stagnation in corporate activity and capital investment caused by the zero-COVID policy and weak sales of WholeGarment flat knitting machines have continued. - FY2023-Q1Stagnation in mainland China alongside replacement demand from Hong Kong customersAnnual report
「In the Chinese market, production activity and capital investment stagnated amid supply-chain disruption caused by the zero-COVID policy, including the Shanghai lockdown. Meanwhile, major Hong Kong-based customers saw stronger replacement demand, and sales increased, particularly for the highly productive N.SVR, resulting in mixed performance.」
While the zero-COVID policy caused production activity and capital investment to stagnate in the Chinese market, replacement demand increased among major Hong Kong-based customers, adding regional differences to the previous narrative of rising value-added and adoption across the Chinese market as a whole. - FY2022-Q3AdvancedAnnual report
「The flat knitting machine business, the Company's core business, saw increased adoption mainly of fine-gauge WholeGarment flat knitting machines in Asia. In China, production shifted from OEM manufacturing toward high-value-added products for the domestic apparel market, while the expansion of e-commerce increased the need for shorter lead times and rising labor costs and labor shortages strengthened efforts to reduce labor requirements.」
In China, adoption of fine-gauge machines increased against a backdrop of the shift to high-value-added production for the domestic market, shorter lead times driven by e-commerce growth and labor-saving efforts. - FY2022-Q2AdvancedAnnual report
「In the Chinese market, the shift from OEM production toward manufacturing high-value-added products for the domestic apparel market, together with efforts to reduce labor requirements because of rising labor costs and labor shortages, led to increased adoption of fine-gauge WholeGarment flat knitting machines equipped with 4 needle beds, a feature not offered by competitors.」
In China, the shift from OEM production to high-value-added production for the domestic market and labor-saving efforts progressed, increasing adoption of fine-gauge machines with 4 needle beds. - FY2022-Q1RestatedAnnual report
「In the Chinese market, there is a strong shift from OEM production toward planning-led, high-value-added production, together with efforts to reduce labor requirements because of rising labor costs and labor shortages, and adoption of WholeGarment flat knitting machines is trending upward.」
The Company continues to report the shift in China from OEM production to planning-led, high-value-added production, labor-saving efforts and an upward trend in WholeGarment flat knitting machine adoption. - FY2021RestatedAnnual report
「In Asia, particularly in the Chinese and Hong Kong markets, there is a strong shift from OEM production toward planning-led, high-value-added production, together with efforts to reduce labor requirements because of rising labor costs and labor shortages, and adoption of WholeGarment flat knitting machines is trending upward.」
The Company continues to report the shift in China and Hong Kong from OEM production to planning-led, high-value-added production, labor-saving efforts and an upward trend in WholeGarment flat knitting machine adoption. - FY2020-Q3RestatedAnnual report
「Sales volumes of WholeGarment flat knitting machines, which had expanded steadily in recent years, particularly in China, declined amid the economic slowdown there.」
Sales volume of WholeGarment flat knitting machines in China has continued to decline against a backdrop of economic slowdown. - FY2020-Q2WorsenedAnnual report
「The decline in capital-investment sentiment also affected investment in WholeGarment flat knitting machines, which had been expanding steadily in recent years, particularly in China, resulting in fewer units sold.」
Sales volumes of WholeGarment flat knitting machines, which had been expanding mainly in China, declined because of weaker capital-investment sentiment. - FY2019RestatedAnnual report
「In Asia, particularly China, growing apparel consumption has led to a broader shift from conventional OEM production toward domestic production systems focused on planning-led, high-value-added products, and adoption of WholeGarment flat knitting machines expanded.」
The Company reconfirms the shift in China from OEM production to high-value-added production for the domestic market, along with expanding adoption of WholeGarment flat knitting machines. - FY2019-Q3RestatedAnnual report
「In Asia, production in China became increasingly high-value-added and adoption of WholeGarment flat knitting machines expanded, while capital investment stagnated in Bangladesh, an OEM production base serving developed markets, amid unstable domestic political conditions.」
The Company continues to report expanding high-value-added production and adoption of WholeGarment flat knitting machines in China. - FY2019-Q2RestatedAnnual report
「In Asia, efforts to add value to production progressed, particularly in China, and adoption of WholeGarment flat knitting machines expanded.」
Efforts to develop high-value-added production and expand adoption of WholeGarment flat knitting machines in China continue. - FY2019-Q1AdvancedAnnual report
「In Asia, efforts to add value to production progressed, particularly in China, and adoption of WholeGarment flat knitting machines expanded.」
The note specifically cites progress in high-value-added production and expanded adoption of WholeGarment flat knitting machines in China. - FY2018AdvancedAnnual report
「In China as well, sales grew as the expansion of apparel consumption drove a broader shift toward planning-led, high-value-added production systems, accelerating the adoption of the WholeGarment flat knitting machine MACH2XS and increasing the use of computerized flat knitting machines for sports-shoe production.」
The full-year results cite accelerated adoption of MACH2XS and expanded sports-shoe applications in China. - FY2018-Q3RestatedAnnual report
「In China as well, sales increased as the adoption of the WholeGarment flat knitting machine MACH2XS, suited to a consumption-market-oriented business producing and selling high-value-added products with short lead times, progressed, while the use of computerized flat knitting machines for sports-shoe production increased.」
The Company continues to address high-value-added, short-lead-time production for consumption markets in China through MACH2XS and sports-shoe applications. - FY2018-Q2RestatedAnnual report
「In China as well, sales increased as the adoption of the WholeGarment flat knitting machine MACH2XS progressed among SPA-type knitwear manufacturers shifting, alongside growing apparel consumption, away from conventional OEM production toward the production and sale of high-value-added products they planned themselves, while the use of computerized flat knitting machines for shoe production increased.」
In China, the Company continues to address the shift from OEM production to high-value-added, planning-led production through MACH2XS and shoe applications. - FY2018-Q1RestatedAnnual report
「In China as well, sales increased as WholeGarment flat knitting machines were increasingly adopted by SPA-type knitwear manufacturers producing high-value-added products for domestic demand, while the use of computerized flat knitting machines for sports shoes increased.」
The Company continues to develop high-value-added production for domestic demand in China, along with WholeGarment machines and sports-shoe applications. - FY2017RestatedAnnual report
「In China as well, growing apparel consumption has led to a broader shift away from conventional OEM production toward planning-led, high-value-added production. Sales increased as the adoption of WholeGarment flat knitting machines progressed and the use of computerized flat knitting machines expanded into shoe production.」
The Company continues to shift in China from OEM production to high-value-added, planning-led production, while developing WholeGarment machines and shoe applications. - FY2017-Q3RestatedAnnual report
「In China, although exports declined, sales increased as production shifted toward high-value-added products for the expanding domestic apparel market and the use of computerized flat knitting machines for shoes broadened.」
The Company continues to shift in China from export-dependent production to high-value-added production for the domestic apparel market, while expanding shoe applications. - FY2017-Q2RestatedAnnual report
「Even in the Chinese market, where product exports have declined because rising labor costs have increased costs, sales grew as production shifted away from OEM manufacturing toward higher-value-added products for the domestic apparel market, while the use of computerized flat knitting machines for shoes increased.」
The Company is implementing measures in China to reduce its reliance on OEM production, expand high-value-added production for the domestic market and develop shoe applications, although these remain within the scope of existing themes. - FY2017-Q1First statedAnnual report
「Even in the Chinese market, where an economic slowdown was a concern, sales recovered as production shifted toward domestic demand and the use of computerized flat knitting machines for sports shoes increased.」
The note identifies domestic-demand production and sports-shoe applications as responses to changing demand in the Chinese market.