Establishment of an Agricultural Machinery Joint Venture in China and Market Development
First written in FY2017-Q3. 4 of 24 entries say "Worsened", first in FY2024. Latest entry: 2026-07-16.
No other company in this theme has enough history to compare yet.
- 2026-07-16DroppedM&A and Subsidiary ChangesSuggests it is closing out
「当該会社を取り巻く事業環境、収益状況および今後の事業展開等を総合的に勘案し、当社の資本効率の向上および事業運営の効率化を図ることを目的としております。」
中国合弁会社について、保有持分35.0％のうち33.0％を譲渡し、譲渡後の出資比率を2.0％とする方針を示した。2025年12月期の売上高減少、営業損失・当期純損失の拡大も開示されており、中国合弁会社による農業機械市場開拓の取組みは大幅に縮小され、終息を示唆している。譲渡実行日は2026年8月予定であり、2.0％の持分は残る。 - FY2026Higher equity-method investment losses and impairment losses on equity investmentsAnnual report
「During the fiscal year, the company recognized an impairment loss of ¥57.696 million on investments in affiliated companies.」
For affiliated companies, including the Chinese joint venture, investment losses under the equity method increased from ¥86.626 million in the previous fiscal year to ¥140.443 million, and the company also recognized an impairment loss of ¥57.696 million on investments in affiliated companies. - FY2026-H1Expansion of interim equity-method investment lossAnnual report
「Equity-method investment income △¥30,416 thousand △¥40,499 thousand」
The equity-method investment loss expanded from ¥30,416 thousand in the same period of the previous year to ¥40,499 thousand. - FY2025Increase in equity-method investment lossesAnnual report
「Equity-method investment income Previous fiscal year: △¥50,431 thousand Current fiscal year: △¥86,626 thousand」
For affiliates, including the Chinese joint venture, the equity-method investment loss expanded from ¥50,431 thousand in the previous fiscal year to ¥86,626 thousand. The affiliate was treated as a material affiliate from the current fiscal year, and a net loss of ¥247,504 thousand was also disclosed. - FY2025-H1Increase in equity-method investment lossesAnnual report
「Equity-method investment income △¥13,074 thousand △¥30,416 thousand」
For affiliates, the equity-method investment loss expanded from ¥13,074 thousand in the same period of the previous year to ¥30,416 thousand. - FY2024Equity-method investment lossesAnnual report
「Equity-method investment income Previous fiscal year: ¥21,287 thousand Current fiscal year: △¥50,431 thousand」
Equity-method investment income, including that from affiliates, changed from income in the previous fiscal year to a loss of ¥50.431 million. - FY2024-Q3Decrease in Equity-Method Investment IncomeAnnual report
「Equity-method investment income ¥19,117 thousand ¥118 thousand」
Equity-method investment income decreased from ¥19,117 thousand in the same period of the previous year to ¥118 thousand. - FY2024-Q1Reduced equity in losses of affiliatesAnnual report
「Equity-method investment income △¥13,488 thousand △¥5,670 thousand」
For affiliates, including the Chinese joint venture, the equity-method investment loss narrowed from ¥13,488 thousand in the same period of the previous year to ¥5,670 thousand. - FY2023Full-year decrease in equity-method investment income and royalty incomeAnnual report
「Equity-method investment income Previous fiscal year: ¥51,318 thousand Current fiscal year: ¥21,287 thousand」
Equity-method investment income from affiliates, including the Chinese joint venture, decreased from the previous fiscal year. Meanwhile, royalty income from the joint venture contributed to the increase in overseas sales. - FY2023-Q3Decrease in equity-method investment income and royalty incomeAnnual report
「Equity-method investment income ¥48,159 thousand ¥19,117 thousand」
Equity-method investment income decreased from ¥48,159 thousand in the same period of the previous year to ¥19,117 thousand. Meanwhile, royalty income from the joint venture contributed to the increase in overseas sales. - FY2023-Q2Equity-method investment loss and royalty incomeAnnual report
「Equity-method investment income ¥578 thousand △¥11,599 thousand」
For affiliates, equity-method investment income changed from ¥578 thousand in the same period of the previous year to a loss of ¥11,599 thousand. Meanwhile, royalty income from the joint venture was cited as a factor behind the increase in overseas sales. - FY2023-Q1Equity-method investment loss and royalty incomeAnnual report
「Equity-method investment income △¥65 thousand △¥13,488 thousand」
For affiliates, equity-method investment income changed from a loss of ¥65 thousand in the same period of the previous year to a loss of ¥13,488 thousand. Meanwhile, royalty income from the joint venture was cited as a factor behind the increase in overseas sales. - FY2022AdvancedAnnual report
「Equity-method investment income ¥38,285 thousand ¥51,318 thousand」
For affiliates, including the Chinese joint venture, equity-method investment income increased from ¥38,285 thousand in the previous fiscal year to ¥51,318 thousand. - FY2022-Q3Equity-method investment income increasesAnnual report
「Equity-method investment income ¥32,203 thousand ¥48,159 thousand」
For affiliates, including the Chinese joint venture, equity-method investment income increased from ¥32,203 thousand in the same period of the previous year to ¥48,159 thousand. - FY2022-Q2Equity-method investment income recognizedAnnual report
「Equity-method investment income － ¥578 thousand」
For affiliates, equity-method investment income of ¥578 thousand was disclosed for the cumulative second-quarter period. - FY2022-Q1Equity-method investment loss recognizedAnnual report
「Equity-method investment income － △¥65 thousand」
For affiliates, including the Chinese joint venture, equity-method investment income was a loss of ¥65 thousand in the first quarter. - FY2021AdvancedAnnual report
「Equity-method investment income ¥38,285 thousand」
For affiliates, including the Chinese joint venture, the Company disclosed full-year equity-method investment income of ¥38,285 thousand. - FY2021-Q3AdvancedAnnual report
「(Equity-method income and other items) Previous fiscal year (31 March 2020) Third-quarter accounting period of the current fiscal year (31 December 2020) Investment in affiliates － ¥152,512 thousand Equity-method investment income － ¥32,203 thousand」
For affiliates, including the Chinese joint venture, the Company disclosed investments in affiliates of ¥152,512 thousand and equity-method investment income of ¥32,203 thousand. The previous fiscal year was omitted because the amounts were not material. - FY2019RestatedAnnual report
「At present, we will establish a joint venture in Rizhao, Shandong Province, China, and work to develop new markets and expand sales of our products, targeting China as our primary market.」
The policy of developing the Chinese market and expanding product sales through the Chinese joint venture continues. - FY2018RestatedAnnual report
「Affiliate 山東五征高北農牧機械有限公司 (Note) Rizhao, Shandong Province, China RMB25 million Production and sale of agricultural machinery Ownership Direct: 35%」
The Chinese joint venture continues to be classified as an affiliate, with the Company holding a direct 35% stake and stated capital of RMB25 million. - FY2017AchievedAnnual report
「October 2016 Established the joint venture company 山東五征高北農牧機械有限公司.」
The establishment of the joint venture in October 2016 is stated in the corporate history for the joint venture agreement signed in the previous period, and the company is directly held as an affiliate with a 35% stake. Its stated capital is RMB25 million. - FY2017-Q3First statedAnnual report
「On 24 October 2016, the Company entered into a joint venture agreement with Shandong Wuzheng Group Co., Ltd. to establish a joint venture in China for the production and sale of agricultural machinery.」
The joint venture agreement was signed to develop products suited to the Chinese market, approach the market, and strengthen business competitiveness. The joint venture has stated capital of RMB25 million, with Shandong Wuzheng Group Co., Ltd. holding 65% and 株式会社タカキタ holding 35%. The agreement is disclosed, but completion of the joint venture's establishment is not stated.