Revenue and profit growth in the Asian business driven by automotive-related demand in Thailand
First written in FY2019-Q1. 4 of 19 entries say "Restated". Latest entry: FY2026.
Yushin Company moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 4 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「(Asia) Revenue was ¥5,559.235 million, up 2.9% year on year, and operating profit was ¥460.649 million, up 19.0%.」
The current period saw increased revenue and profit across Asia, changing from the previous report of higher revenue in Indonesia but lower profit in Asia. - FY2025-H1Higher revenue in Indonesia, lower profit in AsiaAnnual report
「(Asia) Due to higher sales in Indonesia, revenue was ¥2,628.212 million, up 7.9% year on year, while operating profit was ¥194.479 million, down 1.0%.」
In Asia, higher sales in Indonesia led to increased revenue, but operating profit declined 1.0% year on year. - FY2024WorsenedAnnual report
「(Asia) Revenue was ¥4,632.359 million, down 16.8% year on year, and operating profit was ¥280.207 million, down 36.4%.」
The Asian business reported lower revenue and profit for the full year, with operating profit down 36.4%. - FY2024-Q3WorsenedAnnual report
「(Asia) Due to an overall decrease in sales, revenue was ¥3,694.275 million, down 14.0% year on year, and operating profit was ¥243.056 million, down 36.6%.」
The decline in the Asian business widened from the lower revenue and profit reported in the same quarter of the previous year, with revenue down 14.0% and operating profit down 36.6%. - FY2024-Q2WorsenedAnnual report
「(Asia) Due to an overall decrease in sales, revenue was ¥2,436.483 million, down 11.4% year on year, and operating profit was ¥196.488 million, down 32.2%.」
The Asian business has changed from lower revenue but higher operating profit in the same quarter of the previous year to lower revenue and profit in the current quarter. - FY2023RestatedAnnual report
「(Asia) Due to the impact of lockdowns at the Chinese subsidiary, revenue was ¥5,568.287 million, down 2.9% year on year, and operating profit was ¥440.920 million, down 13.8%.」
The full-year results confirm lower revenue and profit in the Asian business due to lockdowns at the Chinese subsidiary. - FY2023-Q2Lower revenue and profit in Asia due to China's lockdownsAnnual report
「(Asia) Due to the impact of lockdowns at the Chinese subsidiary, revenue was ¥2,749.344 million, down 1.7% year on year, and operating profit was ¥289.825 million, down 3.5%.」
The current quarter has changed from the previous quarter's combination of lower revenue and higher operating profit due to China's lockdowns to lower revenue and profit. - FY2023-Q1Lower revenue alongside higher profit due to China's lockdownsAnnual report
「(Asia) Due to the impact of lockdowns at the Chinese subsidiary, revenue was ¥1,274.927 million, down 15.4% year on year, while operating profit was ¥154.205 million, up 22.2%.」
While sales in Asia declined due to lockdowns at the Chinese subsidiary, operating profit increased 22.2% year on year. - FY2022AdvancedAnnual report
「(Asia) As sales of take-out robots increased with the recovery in demand in China, revenue was ¥5,732.404 million, up 25.1% year on year, and operating profit was ¥511.483 million, up 25.8%.」
The Asian business reported increased revenue and profit against a backdrop of recovering demand in China, with revenue up 25.1% and operating profit up 25.8%. - FY2022-Q3RestatedAnnual report
「(Asia) Due to an overall increase in sales, revenue was ¥4,443.633 million, up 41.3% year on year, and operating profit was ¥428.169 million, up 99.1%.」
The description continues to attribute increased revenue and profit in the Asian business to an overall increase in sales, without identifying specific regional or product factors. - FY2022-Q2ReframedAnnual report
「(Asia) Due to an overall increase in sales, revenue was ¥2,795.473 million, up 60.2% year on year, and operating profit was ¥300.444 million, up 199.8%.」
The description of the factors behind increased revenue and profit in the Asian business has changed from specific factors such as the Chinese and Korean subsidiaries and healthcare-related business cited in the previous period to an overall increase in sales. - FY2022-Q1Focus changed from healthcare-related sales to strong performance at Chinese and Korean subsidiariesAnnual report
「(Asia) Due to strong performance by the Chinese and Korean subsidiaries, revenue was ¥1,506.553 million, up 76.6% year on year, and operating profit was ¥126.209 million, up 304.4%.」
The increase in revenue and profit in Asia is attributed to strong performance by the Chinese and Korean subsidiaries, rather than the healthcare-related sales explicitly cited in the previous period. - FY2021Increased revenue and profit in Asia from healthcare-related sales in China, South Korea and elsewhereAnnual report
「While sales, mainly healthcare-related, increased year on year in China and South Korea, sales of take-out robots in Japan decreased year on year due to weaker appetite for capital investment.」
The description has changed from Thailand's automotive-related demand and lower sales at Chinese and Korean subsidiaries to an improvement in the Asian business driven by increased healthcare-related sales, including in China and South Korea. - FY2020-Q3RestatedAnnual report
「(Asia) Due to lower sales at Chinese and Korean subsidiaries, revenue was ¥3,240.477 million, down 20.1% year on year, and operating profit was ¥255.291 million, down 36.7%.」
The previous trend of increased revenue driven by automotive-related demand in Thailand has given way to continued lower revenue and profit in Asia due to lower sales at Chinese and Korean subsidiaries. - FY2020-Q2RestatedAnnual report
「(Asia) Due to lower sales at Chinese and Korean subsidiaries, revenue was ¥2,163.376 million, down 22.5% year on year, and operating profit was ¥190.422 million, down 37.5%.」
The description continues to report lower revenue and profit in Asia due to lower sales at Chinese and Korean subsidiaries, rather than the previous trend of increased revenue driven by automotive-related demand in Thailand. - FY2020-Q1Shift to lower sales at Chinese and Korean subsidiariesAnnual report
「(Asia) Due to lower sales at Chinese and Korean subsidiaries, revenue was ¥1,017.994 million, down 29.6% year on year, and operating profit was ¥96.990 million, down 38.6%.」
The description has changed from the previous trend of increased revenue driven by automotive-related demand in Thailand to lower revenue and profit in Asia due to lower sales at Chinese and Korean subsidiaries. - FY2019-Q3Lower revenue and operating profit in Asia due to decreased sales at Chinese subsidiaries and other entitiesAnnual report
「(Asia) Due to lower sales at Chinese subsidiaries and elsewhere, revenue was ¥4,054.588 million, down 2.9% year on year, and operating profit was ¥403.077 million, down 1.4%.」
The description has changed from increased revenue, driven mainly by automotive-related business in Thailand through the previous quarter, to lower revenue and profit in Asia due to lower sales at Chinese subsidiaries and elsewhere. - FY2019-Q2Shifted to revenue growth and profit declineAnnual report
「Due to increased sales at Thai subsidiaries and other entities where automotive-related business was strong, revenue was ¥2,791.108 million, up 1.0% year on year, while operating profit was ¥304.441 million, down 6.1%.」
The business changed from higher revenue and operating profit centered on Thailand's automotive-related business in the previous quarter to higher revenue but lower operating profit in the current quarter. - FY2019-Q1First statedAnnual report
「Due to increased sales at Thai subsidiaries and other entities where automotive-related business was strong, revenue was ¥1,445.309 million, up 10.2% year on year, and operating profit was ¥158.016 million, up 24.5%.」
This is the first description identifying strong automotive-related business in Thailand as a driver of higher revenue and operating profit in the Asia segment.