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Pegasus (6262) · FactExpanded coverage area

Relocation of garment manufacturing from China to other Asian countries and countries near consumer markets

First written in FY2016. 14 of 16 entries say "Restated". Latest entry: FY2026.

16entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20262016: 320162017: 320172018: 320182019: 120192020: 120202021: 120212022: 020222023: 020232024: 220242025: 120252026: 12026
Same theme, other companies
Garment production moving from China to other parts of Asia and countries closer to consumer marketsA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026Expanded coverage areaAnnual report

    「The core markets for the Apparel Machinery business have shifted from China to Southeast Asia, including Vietnam, Cambodia and Indonesia, and South Asia, including India and Bangladesh. In recent years, Africa, including Egypt, Kenya and Ethiopia, has also grown as a new market.」

    In addition to the market shift from China to Southeast and South Asia, Africa was newly identified as a growth market.
  2. FY2025RestatedAnnual report

    「The core markets for the Apparel Machinery business have shifted from China to other Asian countries, including Bangladesh, India and Vietnam.」

    The shift in core markets from China to South and Southeast Asia remains the basis for market development and strengthening the sales network.
  3. FY2025-H1RestatedAnnual report

    「In the Apparel Machinery business, formerly the Industrial Sewing Machine business, capital investment in the Americas remains cautious pending the outcome of the presidential election, while in Europe a cautious stance continues against a backdrop of unstable political and economic conditions. In China and elsewhere in Asia, however, demand for industrial sewing machines is showing a gradual recovery.」

    Demand is recovering in China and elsewhere in Asia, while a cautious stance toward capital investment continues in the Americas and Europe. There is no new description of the market shift itself from China to other parts of Asia.
  4. FY2024RestatedAnnual report

    「The core markets for the industrial sewing machine business have shifted from China to other Asian countries, including Bangladesh, India and Vietnam.」

    The shift in garment-producing regions and core markets from China to South and Southeast Asia remains the basis for market development and strengthening the sales network.
  5. FY2021RestatedAnnual report

    「The core market for industrial sewing machines for apparel has shifted from China to other Asian countries, including Bangladesh, India and Vietnam.」

    The structural shift in core markets from China to Bangladesh, India, Vietnam and other countries continues to be described.
  6. FY2020RestatedAnnual report

    「The core market for industrial sewing machines for apparel has shifted from China to other Asian countries, including Bangladesh, India and Vietnam.」

    The structural shift in core markets from China to Bangladesh, India, Vietnam and other countries is restated.
  7. FY2019RestatedAnnual report

    「The core market for industrial sewing machines for apparel has shifted from China to other Asian countries, including Bangladesh, India and Vietnam.」

    The structural shift in garment-producing regions and core markets from China to other Asian countries remains the basis for strengthening the sales network and developing new markets.
  8. FY2019-Q1RestatedAnnual report

    「Although the global economy is showing modest growth, destabilizing factors arising from trade policies centered on the United States and other factors remain unresolved. The movement to relocate or expand garment production bases remains sluggish, and competition among industry peers is intensifying.」

    The Company reconfirms the industry structure in which the movement to relocate or expand garment production bases remains sluggish.
  9. FY2018RestatedAnnual report

    「The movement of garment production bases from China, a major textile industry hub, mainly to other parts of Asia is still continuing, but demand in some Asian markets and US markets remained sluggish compared with the previous consolidated fiscal year, resulting in a 12.6% decrease in sales from the previous consolidated fiscal year.」

    The movement of garment production bases from China to other parts of Asia is continuing, while demand in some Asian and US markets is described as sluggish.
  10. FY2018-Q3RestatedAnnual report

    「In industrial sewing machines, the movement of garment production bases from China, a major textile industry hub, mainly to other parts of Asia is still continuing, but demand in Asian and US markets remained sluggish compared with the same quarter of the previous year.」

    The movement of garment production bases from China to other parts of Asia is still continuing, while demand in Asian and US markets is described as sluggish year on year.
  11. FY2018-Q2RestatedAnnual report

    「In industrial sewing machines, the movement of garment production bases from China, a major textile industry hub, mainly to other parts of Asia is still continuing, but demand in Asian and US markets remained sluggish compared with the same quarter of the previous year.」

    The movement of garment production bases from China to other parts of Asia is continuing, while demand in Asian and US markets is described as sluggish year on year.
  12. FY2018-Q1RestatedAnnual report

    「In industrial sewing machines, the ongoing movement of garment production bases from China, a major textile industry hub, mainly to other parts of Asia continued, but demand in Asian and US markets remained sluggish compared with the same quarter of the previous year.」

    The movement of garment production bases from China to other parts of Asia is continuing, while demand in Asian and US markets is described as sluggish year on year.
  13. FY2017-Q3RestatedAnnual report

    「In industrial sewing machines, the ongoing movement of garment production bases from China, a major textile industry hub, to other parts of Asia and countries closer to consumer markets continued, while demand remained firm, particularly in Asian markets such as Bangladesh and India.」

    The Company is restating the continuing movement of garment production bases from China to other parts of Asia and countries closer to consumer markets, together with firm demand in Bangladesh, India and other markets.
  14. FY2017-Q2RestatedAnnual report

    「In industrial sewing machines, the ongoing movement of garment production bases from China, a major textile industry hub, to other parts of Asia and countries closer to consumer markets continued, while demand remained firm, particularly in Asian markets such as Bangladesh and India.」

    The Company is restating the continuing movement of garment production bases from China to other parts of Asia and countries closer to consumer markets, together with firm demand in Bangladesh, India and other markets.
  15. FY2017-Q1RestatedAnnual report

    「In industrial sewing machines, the ongoing movement of garment production bases from China, a major textile industry hub, to other parts of Asia and countries closer to consumer markets continued, while demand remained firm, particularly in Asian markets.」

    The Company is restating the continuing movement of garment production bases from China to other Asian countries and regions, together with firm demand in Asian markets.
  16. FY2016First statedAnnual report

    「The ongoing movement of garment production bases from China, a major textile industry hub, to other parts of Asia and countries closer to consumer markets continued, while demand in Asian markets and the US market, including Central America, remained firm.」

    The Company describes this as a change in industry structure underlying market development, expansion of product models, and sales strategies.
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Relocation of garment manufacturing from China to other Asian countries and countries near consumer markets | PEGASUS CO.,LTD. (6262) | Komori