Growth and expansion in the overseas business
First written in FY2017-Q1. 15 of 28 entries say "Advanced", first in FY2023-Q1. Latest entry: 2026-10-30.
The whole theme swung hardest in 2020: 14 of 81 companies on the "Worse" side.
59 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Railway business: Began shipping substation equipment for India’s High-Speed Rail Line 1.」
In the overseas power and railway business, the company disclosed tangible progress with the start of shipments of substation equipment for India’s High-Speed Rail Line 1. - FY2026-H1AdvancedAnnual report
「In the primarily overseas substations business, solid demand continued in the North American market and at the German local subsidiary. In the primarily domestic power energy business, efficient production to meet demand also resulted in higher revenue and profit in both businesses. As a result, revenue rose 23.3% year on year to ¥43,371 million, while operating profit improved by ¥1,141 million to ¥3,725 million.」
Solid demand in North America and at the German local subsidiary, together with efficient production in the domestic power energy business, resulted in higher revenue and profit in the power infrastructure business, with operating profit improving to ¥3,725 million. - FY2025-H1AdvancedAnnual report
「Both the primarily domestic power energy systems business and the primarily overseas substations business posted higher revenue and profit. Profit grew particularly in the substations business, against a backdrop of strong demand in Singapore and expansion at local subsidiaries in India, Germany and elsewhere. As a result, revenue rose 12.0% year on year to ¥35,173 million, while operating profit improved by ¥1,638 million to ¥2,584 million.」
The overseas substations business posted higher revenue and profit, supported by strong demand in Singapore and expansion at local subsidiaries in India, Germany and elsewhere. - FY2024-Q3AdvancedAnnual report
「Both the primarily overseas substations business and the primarily domestic power energy business posted higher revenue and profit. In the substations business, operations in Singapore and North America continued to grow steadily on strong demand, while revenue also increased in the power energy business as sales rose on projects for electric utilities and hydroelectric power plants. As a result, revenue rose 36.0% year on year to ¥52,264 million, while operating profit improved by ¥5,464 million to ¥3,477 million.」
Continued expansion in the Singapore and North American operations of the primarily overseas substations business led to higher revenue and profit across the power infrastructure business, with operating profit reaching ¥3,477 million. - FY2024-Q2AdvancedAnnual report
「In the substations business in particular, earnings improved substantially and the business returned to profitability, driven by the recovery in demand in the Singapore market, strong demand for environmentally friendly products in North America, and expansion in India. As a result, revenue rose 29.2% year on year to ¥30,922 million, while operating profit improved by ¥3,200 million to ¥919 million.」
Against a backdrop of demand in Singapore and North America and expansion in India, revenue in the overseas substations business rose 29.2%, and the business returned to profitability with operating profit of ¥919 million. - FY2024-Q1AdvancedAnnual report
「Growth was driven particularly by the recovery in demand in the Singapore market and strong demand for environmentally friendly products in the North American market, especially in the substations business, resulting in a substantial improvement in earnings. As a result, revenue rose 15.4% year on year to ¥13,006 million, while the operating loss improved by ¥1,309 million to ¥188 million.」
In the overseas substations business, the recovery in Singapore demand and strong demand for environmentally friendly products in North America led to higher revenue and a substantial improvement in earnings. - FY2023-Q3AdvancedAnnual report
「Revenue declined in the primarily domestic power energy business, reflecting the pronounced impact of longer lead times for various materials, while revenue increased in the primarily overseas substations business as sales grew in the US and Singapore. Profit also increased on improved earnings in the substations business. As a result, revenue rose 17.1% year on year to ¥38,424 million, while the operating loss improved by ¥394 million to ¥1,986 million.」
The overseas substations business posted higher revenue and profit, driven by increased sales and improved profitability in the US and Singapore. - FY2023-Q2AdvancedAnnual report
「In the primarily domestic power energy systems business, revenue declined as progress on large projects fell below the previous fiscal year, but revenue increased in the primarily overseas power transmission and substations business, driven by growth in operations for the US and Singapore markets.」
The company disclosed that growth in its Singapore business, in addition to the US business, contributed to higher revenue in its overseas substations business. - FY2023-Q1AdvancedAnnual report
「The predominantly domestic power energy systems business reported lower revenue as progress on sales from large projects fell below the previous fiscal year, while the predominantly overseas substation business reported higher revenue, partly because its business for the US market expanded.」
The Group disclosed that the expansion of its business for the US market contributed to higher revenue in the overseas substation business. - FY2022-Q3Singapore recovery, delayed earnings improvement in India and VietnamAnnual report
「In the predominantly overseas substation business, the Singapore operations, the Group's mainstay, have shown signs of recovery, but progress in improving earnings power has been delayed in the operations in India and Vietnam.」
The Group explains that the overseas substation business is showing signs of recovery in Singapore, while improvement in earnings power in India and Vietnam has been delayed. - FY2022-Q2Lower profit due to a rebound in the overseas substation business and higher depreciation expenseAnnual report
「The overseas substation business reported higher revenue, mainly due to a rebound from the year-earlier period, which was significantly affected by COVID-19, and contributions from the sales of affiliates that became consolidated subsidiaries from the previous fiscal year onward. However, profit declined because of higher depreciation expense in the power energy business. As a result, revenue increased 8.7% year on year to ¥19,509 million, while the operating loss worsened by ¥732 million to ¥2,361 million.」
The overseas substation business reported higher revenue due to a rebound from the year-earlier period and contributions from consolidated subsidiaries, while the power infrastructure business reported lower profit because of higher depreciation expense. - FY2021RaisedAnnual report
「In the overseas substation business, the Group will work to expand its business and earnings power in India, Vietnam, where it has invested capital, and North America, in addition to Singapore, its core market.」
For the overseas substation business, the Group has broadened its target markets and objectives from its previous expansion across Southeast Asia, India and Europe and North America to include business and earnings growth in Vietnam and North America, where it has invested capital. - FY2021-Q3WorsenedAnnual report
「In the overseas business, the Group was affected by a decline in projects and delays in construction progress due to the impact of COVID-19, but reported higher revenue and profit year on year as the domestic infrastructure business remained firm.」
The Group states that, in the overseas business, a decline in projects due to COVID-19, together with delays in construction progress, affected revenue-generating projects, indicating that the impact on overseas substation projects has continued and become more pronounced. - FY2021-Q1Delays in overseas substation projects due to COVID-19Annual report
「In overseas substations, projects were delayed due to the impact of COVID-19 and other factors. However, revenue from domestic projects subject to the percentage-of-completion method, particularly in the water infrastructure field, remained firm, resulting in higher revenue and profit year on year.」
The Group states that project delays occurred in overseas substations due to the impact of COVID-19. Meanwhile, revenue from domestic water infrastructure and other businesses remained firm. - FY2019-Q1RestatedAnnual report
「Overseas, the Group is working to strengthen its business structure, including by expanding sales of power transmission and distribution equipment and building partnerships with local companies in businesses serving overseas electric utilities, in line with rising power demand, particularly in Southeast Asia.」
Against the backdrop of rising power demand in Southeast Asia, the Group continues to strengthen its business structure through expanded sales of power transmission and distribution equipment and partnerships with local companies. - FY2018RaisedAnnual report
「In the overseas power business, the Group will further develop the partnerships with local companies in Southeast Asia initiated under V120 and establish a presence in local power markets. In Europe and North America, it will focus on expanding distinctive products such as vacuum circuit breakers and surge arresters. In addition, centered on Prime Meiden Ltd., an Indian transformer manufacturer that became a consolidated subsidiary, the Group will accelerate strategies to enter India's domestic electric utility market and expand westward from India.」
The Group is advancing its Southeast Asian partnerships toward market entry, while broadening the scope and objectives of its overseas expansion to include expanding distinctive products in Europe and North America and expanding into India and westward from India, centered on Prime Meiden Ltd. - FY2018-Q3RestatedAnnual report
「Overseas, the Group is working to strengthen its business structure, including by expanding sales of power transmission and distribution equipment and building partnerships with local companies in its business serving overseas electric utilities, in line with rising power demand, particularly in Southeast Asia.」
Against the backdrop of rising power demand in Southeast Asia, the Group continues to strengthen its overseas business structure by expanding sales of power transmission and distribution equipment and collaborating with local companies. - FY2018-Q2RestatedAnnual report
「Overseas, the Group is working to strengthen its business structure, including by expanding sales of power transmission and distribution equipment, particularly in Southeast Asia, and building partnerships with local companies in its business serving overseas electric utilities.」
The Group continues to strengthen its overseas business structure by expanding sales of power transmission and distribution equipment, particularly in Southeast Asia, and building partnerships with local companies. - FY2018-Q1RestatedAnnual report
「Overseas, the Group is working to strengthen its business structure, including by building partnerships with local companies in its business serving electric utilities, particularly in Southeast Asia, while expanding sales of power transmission and distribution equipment.」
The Group continues to pursue overseas growth through collaboration with local companies, particularly in Southeast Asia, and expanded sales of power transmission and distribution equipment. - FY2017-Q3RestatedAnnual report
「Overseas, the Group is working to expand sales of power transmission and distribution equipment, particularly in Southeast Asia, and win orders for railway projects and other projects, while strengthening its business structure, including by building partnerships with local companies in its business serving overseas electric utilities.」
The Group continues to expand sales of power equipment and win orders for railway projects and other projects in Southeast Asia, while building partnerships with local companies. - FY2017-Q2RestatedAnnual report
「Overseas, the Group is working to expand sales of power transmission and distribution equipment, particularly in Southeast Asia, and win orders for railway projects and other projects, while strengthening its business structure, including by building partnerships with local companies in its business serving overseas electric utilities.」
The Group continues to expand sales of power equipment and win projects, particularly in Southeast Asia, and has additionally described efforts to strengthen its business structure, including by building partnerships with local companies. - FY2017-Q1First statedAnnual report
「Overseas, the Group is working to expand sales of power transmission and distribution equipment, particularly in Southeast Asia, while also seeking orders for railway projects and for substation, distribution and power generation equipment associated with the overseas expansion of Japanese companies.」
In addition to expanding sales of power equipment, particularly in Southeast Asia, the Group is using railway projects and equipment orders associated with the overseas expansion of Japanese companies as means of growth.