Capturing the Southeast Asian Market and Building a Sales Expansion Structure
First written in FY2016. 11 of 15 entries say "Advanced", first in FY2017. Latest entry: 2026-09-09.
4 other companies' latest entry also says "Cited as achieved".
- 2026-09-09Cited as achievedEarnings presentation
「Thailand: Orders exceeded the plan despite intense price competition.」
The Company cites Thailand’s achievement of orders above plan despite intense price competition. - FY2026AdvancedAnnual report
「The recycling equipment market is also gaining momentum in Thailand, and we have begun selling a new model for the ASEAN markets.」
The ASEAN sales expansion structure has progressed to addressing the recycling equipment market in Thailand and beginning sales of a new model for the ASEAN markets. - FY2023AdvancedAnnual report
「A new factory in Thailand began operations in March 2022, but the business launch has been delayed because support from Japan has remained difficult due to the impact of COVID-19.」
Although the company reached the milestone of beginning operations at its new factory in Thailand, advancing its sales expansion and local manufacturing structure, the business launch has been delayed because support from Japan has been difficult. - FY2022-Q2AdvancedAnnual report
「(2) Main reason for the business combination To strengthen the production base and sales network for entry into the Thai market. (3) Date of the business combination 1 August 2021 (4) Legal form of the business combination Business transfer (5) Name of the company acquiring the business Nikko Nilkhosol Co.,Ltd. Consideration for acquisition: Cash ¥126 million」
To strengthen its production base and sales network in the Thai market, Nikko Nilkhosol Co.,Ltd. acquired Nilkhosol Co.,Ltd.'s plant manufacturing and sales business for ¥126 million on 1 August 2021. - FY2021AdvancedAnnual report
「As part of our growth strategy, we established a local manufacturing company in Thailand in fiscal 2020 and invested more than ¥1 billion in a factory.」
The establishment of the manufacturing company in Thailand and investment of more than ¥1 billion in a factory have entered the implementation stage, advancing the development of the ASEAN sales expansion structure. - FY2021-Q1AdvancedAnnual report
「During the three months ended the first quarter, Nikko Nilkhosol Co.,Ltd. was newly established and included in the scope of consolidation.」
The company established a new company for the asphalt plant business and included it in the scope of consolidation, providing a concrete organizational step under its existing plan to establish a sales expansion structure overseas, including in Southeast Asia. - FY2020AdvancedAnnual report
「Following this, we plan to establish an independent manufacturing company in Thailand and manufacture products locally to reduce costs and shorten lead times, thereby better meeting customer needs and strengthening our competitive advantage across Asia together with Nikko (Shanghai) Construction Machinery Co., Ltd.」
Following the establishment of a sales and maintenance company, the company decided to establish a manufacturing company in Thailand, moving toward lower costs and shorter lead times through local production. - FY2020-Q3AdvancedAnnual report
「We have exported asphalt plants to Thailand in the past, but this company is being established to better meet the needs of the Thai market and expand the business. ③ Business activities Sales and maintenance of asphalt plants ④ Capital THB 15 million (approximately ¥55 million) ⑤ Establishment date 25 February 2020 (scheduled) ⑥ Ownership ratio Nikko Co., Ltd. 49%」
For Thailand, a strategic ASEAN market, the company presented a concrete plan to establish a local sales and maintenance subsidiary in addition to its existing export business, creating a structure for expanding sales. - FY2019Revenue decline in the ASEAN marketsAnnual report
「In overseas markets excluding China, we focused on the ASEAN markets as strategic markets and pursued active sales activities. However, budget execution in Thailand was delayed due to the general election, while revenue in Indonesia declined from the previous fiscal year because of a sharp fall in the currency.」
Although the company pursued activities with ASEAN positioned as a strategic market, revenue declined because of delayed budget execution in Thailand and the fall in Indonesia's currency. - FY2017AdvancedAnnual report
「The overseas asphalt plant business was broadly in line with the previous fiscal year in both China and the ASEAN markets. In the ASEAN markets, exports were recorded to Vietnam for the first time, in addition to Thailand and Indonesia.」
The company recorded its first exports to Vietnam in ASEAN, adding a concrete achievement in its efforts to capture Southeast Asian markets. - FY2016First statedAnnual report
「Overseas, to capture Asian markets where infrastructure investment demand is rising, we will establish a sales expansion structure in Southeast Asia, where demand for high-quality plants is also growing.」
Policy to capture infrastructure investment demand in Asia, particularly demand for high-quality plants in Southeast Asia.