Strengthening International Competitiveness Through Overseas Bases
First written in FY2016. 12 of 31 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-07-15.
45 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Revenue rose substantially by 34.2% year on year to ¥2,782.2 million, as production and shipments progressed smoothly for a large Indonesian project ordered in the previous fiscal year, while sales of products for new rolling stock for private railways and maintenance parts for China also increased.」
Production and shipments for a large Indonesian project progressed, while sales of maintenance parts for China also increased, providing specific evidence of overseas business revenue. - FY2025-H1AdvancedAnnual report
「Overseas, orders increased for parts for China’s high-speed railways.」
The increase in orders for parts for China’s high-speed railways was disclosed, indicating specific progress in overseas orders. - FY2024AdvancedAnnual report
「In overseas markets other than China, orders increased for electrical equipment for urban transit in Indonesia. In China, orders increased for maintenance parts for high-speed railways. As part of the restructuring of the company’s business operations in China, it recorded ¥179 million in costs, including costs arising from bad debts at its consolidated subsidiary 常州洋電展雲交通設備有限公司, and ¥166 million in estimated costs, including those related to the reorganisation of operations at 中稀東洋永磁電機有限公司, an affiliate not accounted for under the equity method.」
While the overseas business advanced on increased orders for Indonesian urban transit and Chinese high-speed railways, the China business recorded ¥346 million in costs related to bad debts and business reorganisation. - FY2024-Q3Discussions on restructuring the China business and whether to continue operationsAnnual report
「Business restructuring costs 490 168 As part of the restructuring of our business operations in China, we recorded the following costs: an impairment loss on investments in 常州洋電展雲交通設備有限公司, an unconsolidated subsidiary, and economic compensation payments, lease cancellation costs and other expenses incurred by 中稀東洋永磁電機有限公司, an affiliated company not accounted for under the equity method. 中稀東洋永磁電機有限公司 is currently discussing whether to continue its operations, and the outcome may affect the future performance of our group. However, it is difficult to predict the impact at this time.」
The company recorded ¥168 million in restructuring costs for its China business and disclosed that it is discussing whether to continue operations at 中稀東洋永磁電機有限公司, including the potential impact on future performance. - FY2024-Q2AdvancedAnnual report
「Although orders from JR decreased, orders for large-scale projects outside China, orders from private railway operators, and orders from China increased, resulting in orders received of ¥17.606 billion, up 65.5% year on year.」
The company received orders for a large-scale project outside China, resulting in a 65.5% year-on-year increase in orders received in the Transportation Business. Concrete order wins have been added to international expansion centered on overseas bases. - FY2024-Q1Recorded ¥56 million in restructuring costs for the China businessAnnual report
「As part of the restructuring of our business operations in China, this consisted of an impairment loss on investments in 常州洋電展雲交通設備有限公司, an unconsolidated subsidiary, and an allowance for doubtful accounts on loans to that company.」
We recorded ¥56 million in business restructuring costs related to the restructuring of the China business, consisting of an impairment loss on investments in 常州洋電展雲交通設備有限公司 and an allowance for doubtful accounts on loans to that company. - FY2023Restructuring costs for the China business increased to ¥513 millionAnnual report
「As part of the restructuring of our business operations in China, this consisted of impairment losses on investments in 常州洋電展雲交通設備有限公司, an unconsolidated subsidiary, and 中稀東洋永磁電機有限公司, an affiliated company not accounted for under the equity method, as well as legal fees and other costs.」
We recorded ¥513 million in business restructuring costs related to the restructuring of the China business, including impairment losses on investments, legal fees and other costs. - FY2023-Q3Cumulative restructuring costs for the China business increased to ¥490 millionAnnual report
「As part of the restructuring of our business operations in China, this consisted of impairment losses on investments in 常州洋電展雲交通設備有限公司, an unconsolidated subsidiary, and 中稀東洋永磁電機有限公司, an affiliated company not accounted for under the equity method.」
Business restructuring costs, including impairment losses on investments associated with the restructuring of the China business, totaled ¥490 million for the cumulative third quarter. - FY2023-Q2Recorded restructuring costs for the China businessAnnual report
「We recorded ¥478 million in business restructuring costs. As part of the restructuring of our business operations in China, this consisted of impairment losses on investments in 常州洋電展雲交通設備有限公司, an unconsolidated subsidiary, and 中稀東洋永磁電機有限公司, an affiliated company not accounted for under the equity method.」
In the overseas business in China, the company is implementing business restructuring involving impairment losses on investments in affiliated companies, in addition to its previous expansion and development of overseas bases. - FY2022Streamlining overseas bases and affiliated companiesAnnual report
「July 2021: Closed the Delhi Representative Office August 2021: Dissolved 湖南湘電東洋電気有限公司」
While pursuing overseas expansion, the company closed the Delhi Representative Office and dissolved its Chinese equity-method affiliate, streamlining the structure of its overseas bases and affiliated companies. - FY2022-Q2AdvancedAnnual report
「In addition, we received orders for large-scale projects for overseas markets outside China.」
The company states that it received orders for large-scale projects outside China in the Transportation Business, demonstrating concrete order wins related to overseas expansion. - FY2021AdvancedAnnual report
「To develop a series of CTEDM permanent-magnet synchronous motors for mass production at the Chinese joint venture 中稀東洋永磁電機有限公司, we are supporting production together with the research institute and the Industrial Business Division. We have adapted the motors to Chinese standards and reviewed component designs to suit locally produced equipment. Three models with an IP55 rating and a specification of 1,500 rpm were released ahead of other models.」
Three models of permanent-magnet synchronous motors were released ahead of other models at the Chinese joint venture, giving concrete form to overseas production and sales expansion. - FY2021-Q3RestatedAnnual report
「① Expanding the overseas business ・Reviewing business strategies according to the economic and technological development of each country ・Expanding new businesses in the industrial sector in Southeast Asia ・Strategically participating in new urban transportation projects ・Expanding into the Chinese market for industrial motors」
The 4 initiatives for expanding the overseas business remain in place, with no substantive change from the previous period. - FY2021-Q2AdvancedAnnual report
「(1) Expanding the overseas business ① Reviewing business strategies according to the economic and technological development of each country ② Expanding new businesses in the industrial sector in Southeast Asia ③ Strategically participating in new urban transportation projects ④ Expanding into the Chinese market for industrial motors」
A new specific measure, expanding into the Chinese market for industrial motors, has been added to the existing overseas business expansion initiatives. - FY2020Delay in commissioning the new plant in ChinaAnnual report
「The start of operations at the plant of Zhongxi Toyo Permanent Magnet Motor Co., Ltd., established in China in June 2019, has been delayed by 2–3 months, but we are working toward commencing production in September.」
The start-up of the new Chinese company’s plant has been delayed by 2–3 months, and the production start target has shifted to September. - FY2020-Q3RestatedAnnual report
「(1) Expanding the overseas business ① Reviewing business strategies according to the economic and technological development of each country ② Expanding new businesses in the industrial sector in Southeast Asia ③ Strategically participating in new urban transportation projects」
Measures to expand the overseas business through reviewing strategies by country, developing new businesses in Southeast Asia, and participating in new urban transportation projects are reiterated. - FY2020-Q1RestatedAnnual report
「(1) Expanding the overseas business ① Reviewing business strategies according to the economic and technological development of each country ② Expanding new businesses in the industrial sector in Southeast Asia ③ Strategically participating in new urban transportation projects」
Measures to expand the overseas business through reviewing strategies by country, developing new businesses in Southeast Asia, and participating in new urban transportation projects are reiterated. - FY2019AdvancedAnnual report
「June 2019: Established SIAM TOYO DENKI Co.,Ltd. in Thailand June 2019: Established 中稀東洋永磁電機有限公司 in China through joint investment by 中国稀有稀土股份有限公司 and 北京鈴洋科貿有限公司」
New operating and joint venture companies were established in Thailand and China, giving concrete form to international expansion centered on overseas bases. - FY2019-Q3RestatedAnnual report
「(1) Expanding the overseas business ① Reviewing business strategies according to the economic and technological development of each country ② Expanding new businesses in the industrial sector in Southeast Asia ③ Strategically participating in new urban transportation projects」
Measures to expand the overseas business through reviewing strategies by country, developing new businesses in Southeast Asia, and participating in new urban transportation projects are reiterated. - FY2019-Q2RestatedAnnual report
「(1) Expanding the overseas business ① Reviewing business strategies according to the economic and technological development of each country ② Expanding new businesses in the industrial sector in Southeast Asia ③ Strategically participating in new urban transportation projects」
Measures to expand the overseas business through reviewing business strategies by country, developing new businesses in Southeast Asia, and participating in new urban transportation projects are reiterated. - FY2019-Q1RestatedAnnual report
「(1) Expanding the overseas business ① Reviewing business strategies according to the economic and technological development of each country ② Expanding new businesses in the industrial sector in Southeast Asia ③ Strategically participating in new urban transportation projects」
Measures to expand the overseas business through reviewing strategies by country, developing new businesses in Southeast Asia, and participating in new urban transportation projects are reiterated. - FY2018ReframedAnnual report
「(1) Expanding the overseas business ① Reviewing business strategies according to the economic and technological development of each country ② Expanding new businesses in the industrial sector in Southeast Asia ③ Strategically participating in new urban transportation projects」
The initiative has taken concrete form as an overseas business expansion strategy centered on reviewing strategies by country, developing new industrial-sector businesses in Southeast Asia, and participating in new urban transportation projects, rather than focusing solely on existing overseas bases to strengthen international competitiveness. - FY2018-Q3RestatedAnnual report
「1. Strengthening international competitiveness ・Promoting business centered on the group’s overseas bases in the Chinese, U.S., South Korean, Indian and Taiwanese markets ・Building the brand and expanding the business through bases in Southeast Asia ・Developing new markets through alliances」
Measures to strengthen international competitiveness using overseas bases, Southeast Asian bases and alliances are reiterated. - FY2018-Q2AdvancedAnnual report
「As part of this initiative, we established the joint venture 成都永貴東洋軌道交通装備有限公司 to promote the pantograph business for urban transportation in China, and also began strengthening the organizational structure of 泰平展雲自動門（常州）有限公司.」
In addition to the existing joint venture in Chengdu, the company states that it has begun strengthening the organizational structure of 泰平展雲自動門（常州）有限公司, indicating progress in its international expansion initiatives in China. - FY2018-Q1AdvancedAnnual report
「As part of these efforts, we established Chengdu Yonggui Toyo Rail Transit Equipment Co., Ltd. as a joint venture to produce pantographs in China.」
The establishment of a joint venture to produce pantographs in China represents a concrete step in the international expansion strategy using overseas bases and alliances. - FY2017-Q3RestatedAnnual report
「• Promote operations centered on the Group’s overseas bases in the Chinese, U.S., South Korean, Indian and Taiwanese markets • Build the brand and expand operations through bases in Southeast Asia • Develop new markets through alliances」
The measures to strengthen international competitiveness through overseas bases and alliances have been reiterated. - FY2017-Q2RestatedAnnual report
「• Promote operations centered on the Group’s overseas bases in the Chinese, U.S., South Korean, Indian and Taiwanese markets • Build the brand and expand operations through bases in Southeast Asia • Develop new markets through alliances」
The measures to strengthen international competitiveness through overseas bases and alliances have been reiterated. - FY2017-Q1RestatedAnnual report
「• Promote operations centered on the Group’s overseas bases in the Chinese, U.S., South Korean, Indian and Taiwanese markets • Build the brand and expand operations through bases in Southeast Asia • Develop new markets through alliances」
The measures to strengthen international competitiveness through overseas bases and alliances have been reiterated. - FY2016First statedAnnual report
「1. Strengthening international competitiveness • Promote operations centered on the Group’s overseas bases in the Chinese, U.S., South Korean, Indian and Taiwanese markets • Build the brand and expand operations through bases in Southeast Asia • Develop new markets through alliances」
The company has formulated initiatives to promote operations in China, the United States, South Korea, India, Taiwan and Southeast Asia using overseas bases and alliances.