Review of North American Exports by China Operations and Strengthening of Domestic Sales
First written in FY2019-Q1. 12 of 27 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-08-07.
Sakai Heavy Industries moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2019: 4 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- 2026-08-07WorsenedResults
「In China, total sales declined 9.9% year on year to ¥200 million and the company recorded an operating loss of ¥20 million as domestic sales remained stagnant and exports of products and parts to Group companies declined.」
For the China base, domestic sales remained sluggish and exports to Group companies continued to decline, resulting in an operating loss. - FY2026Lower revenue and profit, turning to a loss, due to reduced exports from ChinaAnnual report
「In China, sluggish domestic sales bottomed out, but exports of products and components to group companies declined due to inventory adjustments. Net sales fell 31.6% year on year to ¥982.665 million, while operating profit decreased by ¥119.484 million to an operating loss of ¥46.541 million.」
Domestic sales at the China operations bottomed out, but revenue declined and the operations swung to an operating loss as exports to group companies fell due to inventory adjustments. - FY2026-H1Lower revenue and profit, turning to a loss, due to reduced exports from ChinaAnnual report
「In China, domestic sales remained sluggish, while exports of products and parts to group companies declined due to inventory adjustments and supply chain revisions. Total revenue decreased 39.7% year on year to ¥488.475 million, while operating profit decreased by ¥76.699 million to an operating loss of ¥9.530 million.」
The company had been restructuring its earnings model around exporting products and components from its China operations to group companies, but revenue declined and it swung to an operating loss as exports fell due to inventory adjustments and supply chain realignment. - FY2025-H1Lower revenue and profit due to sluggish export growth at the China operationsAnnual report
「In China, exports of products and parts to group companies remained sluggish. Total revenue decreased 14.8% year on year to ¥809.595 million, while operating profit decreased 41.0% to ¥67.168 million.」
At the China operations, exports of products and parts to group companies remained sluggish, and revenue and operating profit fell below the levels of the same period of the previous year. - FY2024AdvancedAnnual report
「In China, while the domestic market remained sluggish, exports of products and parts to group companies increased. Total revenue increased 24.6% from the previous consolidated fiscal year to ¥1,979.362 million, and operating profit increased 56.2% to ¥209.182 million.」
Amid a sluggish domestic market in China, exports of products and parts to group companies increased, resulting in a 24.6% increase in revenue and a 56.2% increase in operating profit. - FY2024-Q3AdvancedAnnual report
「In China, while the domestic market remained sluggish, exports of products and parts to group companies increased. Total revenue increased 51.9% year on year to ¥1,435.590 million, and operating profit increased 421.4% to ¥183.740 million.」
Amid a sluggish domestic market in China, exports of products and parts to group companies increased, resulting in a 51.9% increase in total revenue and a 421.4% increase in operating profit. - FY2024-Q2AdvancedAnnual report
「In China, while domestic sales remained sluggish, exports of products and parts to group companies increased. As a result, total revenue increased 105.1% year on year to ¥949.862 million, and operating profit improved by ¥133.922 million, turning positive at ¥113.828 million.」
The China operations expanded exports of products and parts to group companies, resulting in a 105.1% increase in revenue and a return to positive operating profit of ¥113.828 million. - FY2024-Q1AdvancedAnnual report
「In China, while the domestic market remained sluggish, domestic sales bottomed out and exports of products and parts to group companies increased. As a result, total revenue increased 115.8% year on year to ¥398.841 million, and operating profit improved by ¥46.105 million, turning positive at ¥37.554 million.」
Domestic sales in China bottomed out and exports of products and parts to group companies expanded, resulting in a 115.8% year-on-year increase in total revenue and a return to positive operating profit of ¥37.554 million. - FY2023AdvancedAnnual report
「In China, amid continued weak domestic demand, exports of products and parts to group companies increased. As a result, total revenue increased 63.3% from the previous consolidated fiscal year to ¥1,589.026 million, while operating profit improved by ¥213.649 million and turned positive at ¥133.880 million.」
The China operations expanded exports of products and parts to group companies, resulting in a return to positive operating profit of ¥133.880 million. - FY2023-Q3AdvancedAnnual report
「In China, business activity was forced to stagnate due to the lockdown in Shanghai. While domestic sales declined, exports of products and parts to group companies increased. As a result, total revenue increased 42.6% year on year to ¥945.033 million, and operating profit improved by ¥80.194 million to ¥35.243 million, turning positive.」
Despite the continuing Shanghai lockdown and decline in domestic sales in China, exports of products and parts to group companies increased, improving operating profit by ¥80.194 million and returning the business to profitability. - FY2023-Q2AdvancedAnnual report
「In China, business activity was forced to stagnate due to the lockdown in Shanghai. While domestic sales declined, exports of products and parts to group companies increased. As a result, total revenue decreased 2.1% year on year to ¥463.046 million, while the operating loss improved by ¥14.889 million year on year to ¥20.093 million, but remained a loss.」
The China operations increased exports of products and parts to group companies, improving the operating loss by ¥14.889 million from the same period of the previous year despite the Shanghai lockdown and declining domestic sales. - FY2023-Q1AdvancedAnnual report
「In China, business activity was forced to stagnate due to the lockdown in Shanghai, where the plant is located. While domestic sales in China declined substantially, exports of products and parts to group companies increased. As a result, total revenue decreased 27.2% year on year to ¥184.858 million, while the operating loss improved by ¥13.393 million year on year to ¥8.551 million, but remained a loss.」
While domestic sales in China declined under the Shanghai lockdown, exports of products and parts to group companies increased, improving the operating loss by ¥13.393 million from the same period of the previous year. - FY2022AdvancedAnnual report
「In China, the company is pursuing business revitalization by developing the domestic market and exporting products and parts to group companies, but domestic sales remained sluggish as the Chinese market stagnated. Total revenue increased 32.9% year on year to ¥973.225 million, while the operating loss improved by ¥2.964 million from the previous consolidated fiscal year to ¥79.769 million, and losses continued.」
The China operations developed the domestic market and expanded the group's products and parts business. Revenue increased 32.9%, and the operating loss improved by ¥2.964 million from the previous year, but the business remained in the red. - FY2022-Q3Loss improved despite continued sluggish domestic salesAnnual report
「In China, the company is pursuing business revitalization by developing the domestic market, promoting local production for local consumption, and expanding its products and parts business within the group. However, domestic sales remained sluggish due to the slowdown in the Chinese market. Total revenue increased by ¥80.378 million from the same period of the previous year to ¥662.777 million, while the operating loss improved by ¥10.045 million year on year to ¥44.951 million, but remained a loss.」
While developing the Chinese market and expanding the group's products and parts business, domestic sales remained sluggish. Total revenue increased, and the operating loss improved from the same period of the previous year, but the business remained in the red. - FY2022-Q2Operating loss continued despite continued expansion of domestic salesAnnual report
「In China, the company is curbing exports to North America and expanding domestic sales under the policy of decoupling the US and China businesses. Although total revenue increased 19.8% year on year to ¥472.971 million due to expanded domestic sales, the company posted an operating loss of ¥34.983 million.」
The company continued measures to curb exports to North America and expand domestic sales, resulting in a 19.8% year-on-year increase in revenue, but the operating loss continued. - FY2022-Q1Domestic sales expanded but high-cost inventories caused a lossAnnual report
「In China, expanding domestic sales while curbing exports to the United States increased total revenue 99.0% year on year to ¥254.049 million, but the impact of high-cost product inventories manufactured in the previous fiscal year resulted in an operating loss of ¥21.944 million.」
In China, curbing exports to the United States and expanding domestic sales increased revenue 99.0% year on year, but the impact of high-cost product inventories manufactured in the previous fiscal year resulted in an operating loss. - FY2021Domestic sales increased but could not offset lower exports, resulting in a lossAnnual report
「In China, under the policy of decoupling the US and China businesses, domestic sales increased 30% through strengthened sales activities, but the company was unable to offset the decline in exports to North America and exports of parts to group plants. Total revenue decreased 32.4% from the previous consolidated fiscal year to ¥732.038 million, resulting in an operating loss of ¥82.733 million.」
Domestic sales in China increased 30%, but the decline in exports to North America and group plants could not be offset, resulting in a full-year operating loss. - FY2021-Q3Domestic sales unable to offset lower exports under decoupling, resulting in a lossAnnual report
「In China, under the policy of decoupling the US and China businesses, domestic sales increased by approximately 30%, but the company was unable to offset declines in exports to North America and exports of parts to group plants. Total revenue decreased 32.1% year on year to ¥582.399 million, resulting in an operating loss of ¥54.997 million.」
In China, domestic sales increased by approximately 30%, but the decline in exports to North America and elsewhere could not be offset. Revenue decreased 32.1% year on year, resulting in an operating loss. - FY2021-Q2Operating loss due to stagnant domestic salesAnnual report
「In China, under the policy of decoupling the US and China businesses, the company increased domestic sales but was unable to offset the reduction in exports to North America. Total revenue decreased 30.8% year on year to ¥394.822 million, resulting in an operating loss of ¥35.380 million.」
Based on the policy of decoupling the US and China businesses, the company curbed exports to North America and increased domestic sales, but was unable to offset the decline in exports and posted an operating loss. - FY2021-Q1Operating loss due to stagnant domestic salesAnnual report
「In China, while curbing exports to the United States, domestic sales remained sluggish. Total revenue decreased 68.3% year on year to ¥127.671 million, resulting in an operating loss of ¥21.451 million.」
Although the company continued measures to curb exports to the United States and shift its focus to domestic sales, domestic sales remained sluggish, resulting in a substantial decline in revenue and an operating loss. - FY2020-Q3AdvancedAnnual report
「In China, as the company reduced exports to North America while expanding domestic sales, total revenue decreased 28.2% year on year to ¥857.226 million, but operating profit turned positive at ¥20.639 million.」
The China operations reduced exports to North America and expanded domestic sales, resulting in lower revenue but a return to a positive operating profit of ¥20.639 million. - FY2020-Q2AdvancedAnnual report
「In China, as the company reduced exports to North America while expanding domestic sales, total revenue decreased 36.7% year on year to ¥570.753 million, but operating profit was ¥24.224 million, 5.4 times the prior-year level.」
The company reduced exports to North America and expanded domestic sales, improving operating profit to 5.4 times the prior-year level despite lower revenue and securing a positive operating profit of ¥24.224 million. - FY2020-Q1AdvancedAnnual report
「In China, as the company reduced exports to North America while expanding domestic sales, total revenue decreased 9.7% year on year to ¥402.156 million, but operating profit turned positive at ¥27.865 million.」
The China operations reduced exports to North America and expanded domestic sales, resulting in lower revenue but a return to a positive operating profit of ¥27.865 million. - FY2019Full-year decline in revenue and profit at the China operationsAnnual report
「In China, the company strengthened development of the domestic market while adjusting the supply chain for the US market, but total revenue decreased 12.9% from the previous consolidated fiscal year to ¥1,673.448 million, and operating profit fell 73.1% to ¥5.789 million.」
Although the company revised the supply chain for North America and developed the Chinese market, the China operations reported lower full-year revenue, while operating profit also decreased 73.1%. - FY2019-Q3China operations turned to an operating lossAnnual report
「In China, while revising the supply chain for North America and developing the Chinese market, total revenue decreased 15.2% year on year to ¥1,193.652 million, resulting in an operating loss of ¥19.796 million.」
Although the company revised the supply chain for North America and developed the Chinese market, total revenue in China decreased 15.2% and the business posted an operating loss. - FY2019-Q2Reduced exports and deteriorating performance due to US-China trade frictionAnnual report
「Against this backdrop, the group worked to revise the supply chain for products manufactured at its Shanghai plant for North America, expand sales activities in Japan and overseas to establish a path toward medium- to long-term growth, make proactive investments for future growth and technological innovation, and strengthen its ability to respond to changes in demand and its management foundation. In China, amid reduced exports to North America due to US-China trade friction, total revenue decreased 11.2% year on year to ¥901.629 million, while operating profit fell 90.2% to ¥4.517 million.」
While revising the supply chain for products manufactured at its Shanghai plant, the China operations saw total revenue and operating profit decline substantially due to reduced exports to North America resulting from US-China trade friction. - FY2019-Q1First statedAnnual report
「In China, while reviewing exports to North America, the company was unable to fully expand domestic sales. Total revenue decreased 19.0% year on year to ¥445.198 million, resulting in an operating loss of ¥3.680 million.」
The China operations reviewed exports to North America and attempted to expand domestic sales, but were unable to fully increase domestic sales in the first quarter, reporting lower revenue and an operating loss.