Country Risk Associated with Concentration in South Korean Production and Overseas Sales
First written in FY2016. 6 of 16 entries say "Worsened", first in FY2019. Latest entry: FY2027-H1.
W-Scope moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 27 of 57 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2027-H1Regional sales mix updatedAnnual report
「Japan 30 South Korea 1,109 China — Hungary — Europe and the United States — Other 788 Total 1,928」
Overseas customer sales were concentrated in Korea at ¥1,109 million and Other at ¥788 million, with no sales recorded in Hungary, which had accounted for a large share of sales through the previous period. - FY2026SoftenedAnnual report
「Our Group's overseas sales amounted to ¥30,968 million in the previous consolidated fiscal year, representing 99.7% of overseas sales, and ¥3,551 million in the consolidated fiscal year under review, representing 97.8%.」
Although 100% of the products continued to be manufactured in Korea, the overseas sales ratio fell from 99.7% to 97.8%. - FY2026-H1SoftenedAnnual report
「Japan 48 South Korea 1,298 China 35 Hungary — Europe and the United States 65 Other 2 Total 1,450」
Sales by region were ¥48 million in Japan, ¥1,298 million in Korea, ¥35 million in China, and ¥65 million in Europe and the Americas, representing a shift from the previous period's overseas sales composition centered on Hungary. - FY2025WorsenedAnnual report
「Our Group's overseas sales amounted to ¥47,816 million in the previous consolidated fiscal year, representing 99.5% of overseas sales, and ¥30,968 million in the consolidated fiscal year under review, representing 99.7%.」
The overseas sales ratio rose from 99.5% to 99.7%, further strengthening the Group's overseas concentration together with its 100% production concentration in Korea. - FY2025-H1Updated the breakdown of sales by regionAnnual report
「Japan 10 South Korea 3,655 China 2,313 Hungary 21,054 Europe and the United States 193 Other 1,834 Total 29,062」
During the interim consolidated fiscal period under review, sales were concentrated in overseas regions, with sales of ¥10 million in Japan, ¥3,655 million in Korea, and ¥21,054 million in Hungary, among others. The concentration of overseas sales was updated. - FY2024WorsenedAnnual report
「Our Group's overseas sales amounted to ¥44,828 million in the previous consolidated fiscal year, representing 99.4% of overseas sales, and ¥47,816 million in the consolidated fiscal year under review, representing 99.5%.」
While production remained concentrated at 2 Korean subsidiaries, the overseas sales ratio rose from 99.4% to 99.5%. - FY2023-Q3Updated the breakdown of sales by regionAnnual report
「Japan 140 Korea 13,104 China 654 Hungary 19,987 Europe and the Americas 123 Other 2,255 Total 36,265」
Updated cumulative sales by region for the first 3 quarters, with Hungary at ¥19,987 million, Korea at ¥13,104 million, China at ¥654 million, and Japan at ¥140 million. - FY2023-Q2Updated the breakdown of sales by regionAnnual report
「Japan 108 Korea 7,740 China 519 Hungary 13,990 Europe and the Americas 30 Other 1,134 Total 23,520」
Updated cumulative sales by region for the first 2 quarters, with Hungary at ¥13,990 million, Korea at ¥7,740 million, China at ¥519 million, and Japan at ¥108 million. Sales remained concentrated in overseas regions. - FY2022WorsenedAnnual report
「Our Group's overseas sales amounted to ¥29,757 million in the previous consolidated fiscal year, representing 99.3% of overseas sales, and ¥44,828 million in the consolidated fiscal year under review, representing 99.4%.」
While production remained concentrated at Korean subsidiaries, the overseas sales ratio rose from 99.3% to 99.4%. - FY2022-Q3Updated the breakdown of sales by regionAnnual report
「Japan 206 Korea 9,279 China 2,374 Hungary 18,653 Europe and the Americas 1,000 Other 930 Total 32,444」
Updated cumulative sales by region for the first 3 quarters, reporting Japan at ¥206 million, Korea at ¥9,279 million, China at ¥2,374 million, Hungary at ¥18,653 million, Europe and the Americas at ¥1,000 million, and Other at ¥930 million. - FY2021WorsenedAnnual report
「Our Group's overseas sales amounted to ¥18,153 million in the previous consolidated fiscal year, representing 98.2% of overseas sales, and ¥29,757 million in the consolidated fiscal year under review, representing 99.3%.」
While production remained 100% concentrated at 2 Korean subsidiaries, the overseas sales ratio rose from 98.2% to 99.3%. - FY2020WorsenedAnnual report
「100% of our Group's products are manufactured by 2 Korean consolidated subsidiaries, W-SCOPE KOREA CO., LTD. and W-SCOPE CHUNGJU PLANT CO., LTD. Overseas sales amounted to ¥12,517 million in the previous consolidated fiscal year, representing 95.1% of overseas sales, and ¥18,153 million in the consolidated fiscal year under review, representing 98.2%.」
While production remained 100% concentrated at 2 Korean subsidiaries, the overseas sales ratio rose from 95.1% to 98.2%. - FY2019WorsenedAnnual report
「100% of our Group's products are manufactured by Korean subsidiaries. Overseas sales amounted to ¥7,331 million in the previous consolidated fiscal year, representing 84.0% of overseas sales, and ¥11,798 million in the consolidated fiscal year under review, representing 89.6%.」
While production remained 100% concentrated at the Korean subsidiary, the overseas sales ratio rose from 84.0% to 89.6%. - FY2018RestatedAnnual report
「100% of our Group's products are manufactured by Korean subsidiaries. Overseas sales amounted to ¥7,998 million in the previous consolidated fiscal year, representing 84.0% of overseas sales, and ¥7,331 million in the consolidated fiscal year under review, also representing 84.0%.」
Continues to disclose the 100% concentration of production at Korean subsidiaries and the overseas sales ratio of 84.0%. - FY2017SoftenedAnnual report
「Our Group's overseas sales amounted to ¥8,726 million in the previous consolidated fiscal year, representing 96.4% of overseas sales, and ¥7,998 million in the consolidated fiscal year under review, representing 84.0%.」
The overseas sales ratio fell from 96.4% to 84.0%. Meanwhile, production remained 100% concentrated at the Korean subsidiary, and the disclosure also addressed the potential strengthening of overseas sales and increase in the number of subsidiaries in the future. - FY2016First statedAnnual report
「100% of our Group's products are manufactured by a Korean subsidiary. Overseas sales amounted to ¥8,726.234 million in the consolidated fiscal year under review, representing 96.4% of overseas sales.」
Discloses the potential impact of political and economic conditions, laws and regulations, social unrest and other factors in various countries, given the Group's 100% dependence on its Korean subsidiary for production and its overseas sales ratio of 96.4%.