Expansion of overseas operations leveraging the Thailand base
First written in FY2016. 10 of 27 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「THAI SINTERED MESH CO.,LTD., formerly a consolidated subsidiary, ceased to exist on 1 July 2025 following an absorption-type merger with NICHIDAI(THAILAND)LTD. as the surviving company. NICHIDAI(THAILAND)LTD. recorded sales of ¥2,365 million, an ordinary loss of ¥218 million and a net loss of ¥271 million.」
The reorganization integrating the Thailand Filter base into NICHIDAI(THAILAND)LTD. has been completed. Meanwhile, the company recorded an ordinary loss of ¥218 million and a net loss of ¥271 million against sales of ¥2,365 million. - FY2026-H1Increases and decreases by business in overseas operations coexistAnnual report
「In the Die business, both domestic and overseas sales declined. As a result, sales totaled ¥2,230 million, down 6.2% year on year. In the Precision Components business, higher overseas sales could not offset lower domestic sales, resulting in a decline. As a result, sales totaled ¥2,165 million, down 5.6% year on year. In the Filter business, domestic sales were at about the same level as the previous year, while strong overseas sales resulted in higher sales. As a result, sales totaled ¥1,206 million, up 3.1% year on year.」
In overseas expansion, sales in the Die business declined both domestically and overseas, while the Precision Components business recorded higher overseas sales but lower overall sales. The Filter business increased sales on strong overseas demand. Results at overseas bases and markets, including Thailand, varied by business. - FY2025Wholly owned subsidiary status coexists with losses at the Thailand baseAnnual report
「Following NICHIDAI Filter Co., Ltd.'s additional acquisition of shares in THAI SINTERED MESH CO.,LTD. on 28 March 2025, the Company's voting-rights ownership ratio in THAI SINTERED MESH CO.,LTD. became 100% (indirect ownership ratio: 66.0%). NICHIDAI(THAILAND)LTD.'s principal financial information included sales of ¥2,131 million, ordinary loss of ¥185 million and net loss of ¥185 million.」
While the Thailand Filter base moved toward becoming a wholly owned subsidiary, NICHIDAI(THAILAND)LTD. recorded an ordinary loss and net loss of ¥185 million each against sales of ¥2,131 million. Integration and strengthening of overseas bases and deteriorating profitability are indicated simultaneously. - FY2025-H1Product-level increases and decreases in overseas sales coexistAnnual report
「In the Die business, domestic sales increased but overseas sales declined, resulting in lower sales. As a result, Die business sales totaled ¥2,377 million, down 1.8% year on year. In the Precision Components business, sales increased as turbocharger component sales rose both domestically and overseas. As a result, Precision Components business sales totaled ¥2,294 million, up 25.6% year on year. In the Filter business, domestic sales declined, but overseas sales recovered from the previous year's slump, leaving sales at roughly the same level.」
In overseas expansion, overseas sales in the Die business declined, while domestic and overseas sales of turbocharger components in the Precision Components business increased, and overseas Filter business sales recovered from the previous year's slump. Increases and decreases varied by business and product. - FY2024-Q2AdvancedAnnual report
「In the Die business, sales both in Japan and overseas trended higher year on year. As a result, Die business sales totaled ¥2,420 million, up 6.8% year on year.」
Domestic and overseas sales in the Die business increased, and sales rose 6.8% year on year. Concrete progress in overseas expansion is indicated. - FY2024-Q1ASEAN growth coexists with weakness across overseas basesAnnual report
「Under these circumstances, although the Die business had not returned to pre-pandemic levels, sales to the ASEAN region increased, resulting in higher sales year on year. As a result, Die business sales totaled ¥1,245 million, up 6.2% year on year.」
Sales of dies to the ASEAN region increased, and total Die business sales rose 6.2% year on year. However, sales had not returned to pre-pandemic levels, and segment information showed that total sales in Thailand were also below the previous year's level, indicating that recovery and continued weakness in overseas expansion coexisted. - FY2023WorsenedAnnual report
「NICHIDAI(THAILAND)LTD.'s principal financial information included sales of ¥1,983 million, ordinary loss of ¥212 million and net loss of ¥208 million.」
The Thailand base recorded sales of ¥1,983 million, but posted an ordinary loss of ¥212 million and a net loss of ¥208 million. Deterioration in the results of overseas expansion leveraging the Thailand base has become apparent. - FY2023-Q3WorsenedAnnual report
「Thailand 883,789 891,005 41,373 1,816,168」
According to segment information, total sales in Thailand declined from ¥2,755.25 million in the same period of the previous year to ¥1,816.168 million. Overseas expansion, including the Thailand base, has been affected by instability in automotive production and parts shortages. - FY2023-Q2WorsenedAnnual report
「Under these circumstances, sales in the Net Shape business remained sluggish owing to the impact of production stagnation in the automotive industry.」
In the Net Shape business, sales by region, including Japan and Thailand, fell below the same period of the previous year, with sales in Thailand declining from ¥600.304 million to ¥592.525 million. Business performance including overseas bases has been affected by production stagnation in the automotive industry. - FY2023-Q1WorsenedAnnual report
「Under these circumstances, in the Net Shape business, sales both in Japan and overseas declined from the same period of the previous year, owing to the continuing weakness in the domestic and overseas automotive industries since the second half of the previous fiscal year.」
In the Net Shape business, overseas sales declined along with domestic sales. Business performance related to expansion, including overseas bases and markets, has deteriorated under the impact of weakness in the automotive industry. - FY2022ReframedAnnual report
「The current medium-term management strategy includes a range of themes, including growth strategies, new business development and overseas strategies.」
Overseas expansion has been reorganized from its previous positioning as the use of the Thailand base into a theme of strengthening the overseas strategy under the revised medium-term management strategy. - FY2022-Q3AdvancedAnnual report
「The Filter business remained solid, particularly overseas, and sales remained above plan. As a result, Filter business sales totaled ¥1,821 million, up 4.0% year on year.」
The Filter business, particularly overseas, remained solid, with sales above plan and up 4.0% year on year. Concrete results of expansion, including overseas bases and markets, are shown. - FY2022-Q1AdvancedAnnual report
「Against this backdrop, in the Net Shape business, domestic and overseas sales both trended higher year on year as the automotive industry recovered. As a result, Net Shape business sales were ¥1,646 million, up 41.5% year on year.」
Overseas Net Shape business sales increased year on year along with domestic sales, indicating recovery and progress in business expansion including overseas bases. - FY2021-Q2WorsenedAnnual report
「By region, automobile sales in China continued to increase year on year, while the US was on a recovery trend. Thailand and India, however, remained sluggish, resulting in differences in the degree of recovery by region.」
While China and the US showed signs of recovery, Thailand and India remained sluggish, resulting in differences in recovery among regions related to overseas expansion. - FY2021-Q1WorsenedAnnual report
「Against this backdrop, in the Net Shape business, sales in both the Die and Precision Forged Products segments fell sharply as operations in the automotive industry stagnated both domestically and overseas. As a result, Net Shape business sales were ¥1,164 million, down 44.4% year on year.」
The die and precision forgings divisions of the Net Shape business recorded substantial revenue declines both domestically and overseas as automotive industry operations stagnated, including overseas. Business performance related to overseas expansion has deteriorated. - FY2020RestatedAnnual report
「The Group's overseas subsidiary NICHIDAI(THAILAND)LTD. is a production base for the die division and precision forgings division of the Net Shape business and for the Assembly business, and is positioned as an important base for implementing the Asian strategy. In the Filter business, THAI SINTERED MESH CO.,LTD. serves as an overseas production base. The Group will continue working to further strengthen its overseas bases in each business.」
The policy is to position multiple bases in Thailand as overseas production bases for the respective businesses and to continue further strengthening the overseas bases. - FY2020-Q3WorsenedAnnual report
「In the Assembly business, sales both in Japan and overseas remained below the previous year's level. As a result, sales totaled ¥4,058 million, down 16.1% year on year.」
Domestic and overseas sales in the Assembly business fell below the previous year's levels, and sales declined 16.1% year on year. Business performance including overseas bases has deteriorated. - FY2020-Q2Overseas expansion stalled due to weak overseas marketsAnnual report
「During the six-month period ended the second quarter, domestic sales by the Japanese automotive industry, a major customer industry of the Group, increased year on year, while the North American market remained at the same level as the previous year. However, the global automotive market remained sluggish, owing in part to weak sales in major Asian markets such as China and India. Although domestic vehicle production by Japanese automakers increased from the previous year, overseas production has continued to trend below the prior-year level.」
Weak sales in major Asian markets such as China and India, together with a downward trend in overseas production year on year, indicate a weakening market environment related to overseas expansion. - FY2019AdvancedAnnual report
「In the die division of the Net Shape business, sales to major customers remained solid, while sales in the precision forgings division also increased both domestically and overseas. As a result, Net Shape business sales totaled ¥8,332 million, up 16.2% year on year.」
Domestic and overseas sales in the precision forgings division increased, and Net Shape business sales rose 16.2% year on year. Progress in business expansion, including overseas bases, is reflected in the figures. - FY2019-Q3AdvancedAnnual report
「Against this backdrop, in the Net Shape business, sales to key users of the Die segment remained firm, while scroll forgings for automotive air conditioners in the Precision Forged Products segment trended upward both domestically and overseas. As a result, Net Shape business sales were ¥6,204 million, up 19.5% year on year.」
Precision forgings showed an upward trend at both domestic and overseas bases, and Net Shape business sales increased 19.5% year on year. Progress in business performance related to Asian expansion, including overseas bases, has been indicated. - FY2019-Q2AdvancedAnnual report
「Against this backdrop, in the Net Shape business, key users of the Die segment remained firm, while scroll forgings for automotive air conditioners also remained solid at both domestic and overseas facilities in the Precision Forged Products segment. As a result, Net Shape business sales were ¥3,983 million, up 19.1% year on year.」
Precision forgings remained solid at both the domestic and overseas bases, and Net Shape business sales increased 19.1% year on year, including sales from overseas bases. - FY2019-Q1AdvancedAnnual report
「Against this backdrop, in the Die segment of the Net Shape business, sales to domestic users increased, while overseas operations in India and the ASEAN region also remained firm. As a result, Net Shape business sales were ¥1,953 million, up 20.2% year on year.」
Overseas, India and the ASEAN region remained solid, and Net Shape business sales increased 20.2% year on year. Concrete progress has been indicated in regions related to Asian expansion leveraging the Thailand base and other facilities. - FY2018AdvancedAnnual report
「Under these circumstances, in the die division of the Net Shape business, sales of new products to domestic customers increased, while overseas sales to Asia increased in the second half. Sales of overseas-produced precision forgings also increased.」
Sales of dies to Asia and sales of overseas-produced precision forgings increased, indicating concrete progress in overseas expansion leveraging the Thailand base and other facilities. - FY2018-Q3AdvancedAnnual report
「Against this backdrop, in the Net Shape business, sales in the Die segment increased both domestically and overseas, while the Precision Forged Products segment also remained stable. As a result, Net Shape business sales were ¥5,192 million, up 4.9% year on year.」
Overseas sales in the die division increased, and total Net Shape business sales rose 4.9% year on year. Concrete recovery and progress in overseas expansion have been indicated since the first quarter of the previous fiscal year, when sluggish sales to East Asia were reported. - FY2018-Q1WorsenedAnnual report
「Under these circumstances, in the die division of the Net Shape business, sales in Japan remained at the same level as the previous year, while sales to East Asia remained sluggish.」
Sales of dies to East Asia, the target region for overseas expansion, remained sluggish, indicating deterioration in the results of overseas expansion. - FY2017RestatedAnnual report
「The overseas subsidiary NICHIDAI(THAILAND)LTD. has production facilities for the die division of the Net Shape business, the precision forgings division and the Assembly business, making it an important base for implementing the Asian strategy. Expanding overseas operations by leveraging this base is a challenge for each business.」
The Thailand base is positioned as an important production base for the Asian strategy, and the policy of leveraging it to expand overseas operations remains in place. - FY2016First statedAnnual report
「The overseas subsidiary NICHIDAI(THAILAND)LTD. has production facilities for the die division of the Net Shape business, the precision forgings division and the Assembly business, making it an important base for implementing the Asian strategy. Expanding overseas operations by leveraging this base is a challenge for each business. In East Asia, where the automotive market is expected to continue growing, demand for the introduction of precision forging methods is increasing, making the expansion of sales of precision forging dies, leveraging the company's strength in total engineering capabilities, a key challenge.」
The Thai subsidiary is positioned as an Asian base for dies, precision forgings and assembly, with expanding sales of precision forging dies in East Asia identified as a challenge.