Establishing a Foshan Plant, Fitting Out the Suzhou Plant and Transferring Production to Strengthen China’s Production Structure
First written in FY2020-Q1. 12 of 14 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
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- FY2026ReframedAnnual report
「As part of the optimization of its domestic operations, the company carried out a major restructuring of its production system in anticipation of sales growth in strategic markets. ... Production of module products began at the Sakado facility.」
The domestic production system was restructured through the transfer of production to the Sayama manufacturing building, expansion of the Wakayanagi plant, and the start of module production in Sakado. - FY2024-Q2AdvancedAnnual report
「Cash flow from investing activities resulted in a net cash outflow of ¥1,333 million, mainly because payments for the acquisition of tangible fixed assets, centered on production equipment in Japan and China, amounted to ¥1,281 million.」
Payments of ¥1,281 million were made to acquire tangible fixed assets, mainly production equipment in Japan and China, as investment in developing production capacity continued. - FY2023-Q3AdvancedAnnual report
「At the end of the third quarter, total assets were ¥118.166 billion, an increase of ¥14.111 billion from the end of the previous fiscal year. Current assets increased by ¥11.713 billion and fixed assets by ¥2.397 billion. This was mainly due to an increase in inventories among current assets and an increase in tangible fixed assets, centered on production equipment in Japan and China, among fixed assets.」
Investment centered on production equipment in Japan and China continued, increasing fixed assets by ¥2,397 million and total assets by ¥14,111 million from the end of the previous fiscal year. - FY2023-Q2AdvancedAnnual report
「At the end of the second quarter, total assets were ¥114.445 billion, an increase of ¥10.390 billion from the end of the previous fiscal year. Current assets increased by ¥8.234 billion and fixed assets by ¥2.156 billion. This was mainly due to an increase in inventories among current assets and an increase in tangible fixed assets, centered on production equipment in Japan and China, among fixed assets.」
Tangible fixed assets, centered on production equipment in Japan and China, increased by ¥2,156 million, as investment in developing production capacity in China and Japan continued. - FY2023-Q1AdvancedAnnual report
「At the end of the first quarter of the fiscal year, total assets increased by ¥3,808 million from the end of the previous fiscal year to ¥107,863 million. Current assets increased by ¥2,644 million and fixed assets by ¥1,163 million. This was mainly due to an increase in inventories among current assets and an increase in property, plant and equipment, primarily from investments related to Chinese factories, among fixed assets.」
Investment related to the China plant continued, increasing fixed assets by ¥1,163 million from the end of the previous fiscal year. Development of the China production structure is progressing into the investment execution stage. - FY2022AdvancedAnnual report
「The investment amount related to the relocation of the Tamura Electronics (Huizhou) Co., Ltd. factory was ¥2,330 million, the investment amount related to construction of a new factory for Tamura Automotive Electronics (Foshan) Co., Ltd. was ¥636 million, and the investment amount related to the start of operations at the new Tamura Electronics (Suzhou) Co., Ltd. factory was ¥413 million.」
Investment totaling approximately ¥3.4 billion in the relocation of the Huizhou factory, the new Foshan factory, and the new Suzhou factory in China was disclosed, indicating that the reorganization of the production system had moved into the implementation stage. - FY2022-Q3AdvancedAnnual report
「At the end of the third quarter of the fiscal year, total assets increased by ¥7,684 million from the end of the previous fiscal year to ¥98,749 million. Current assets increased by ¥5,746 million and fixed assets by ¥1,937 million. This was mainly due to an increase in inventories among current assets and an increase in property, plant and equipment, primarily from investments related to the construction and relocation of factories in China, among fixed assets.」
Investment related to the construction and relocation of factories in China continued, and fixed assets increased by ¥1,937 million from the end of the previous fiscal year. - FY2022-Q2AdvancedAnnual report
「At the end of the second quarter of the fiscal year, total assets increased by ¥5,630 million from the end of the previous fiscal year to ¥96,694 million. Current assets increased by ¥3,976 million and fixed assets by ¥1,654 million. This was mainly due to an increase in inventories among current assets and an increase in property, plant and equipment, primarily from investments related to the construction and relocation of factories in China, among fixed assets.」
Investment related to the construction and relocation of factories in China continued, with the investment reflected in an increase in property, plant and equipment. - FY2022-Q1AdvancedAnnual report
「This was mainly due to an increase in inventories among current assets and an increase in property, plant and equipment related to investments in Chinese factories among fixed assets.」
Fixed assets increased due to investments related to Chinese factories, and investment to develop the Chinese production system continued. Fixed assets at the end of the first quarter increased by ¥864 million from the end of the previous fiscal year. - FY2021AdvancedAnnual report
「The charger production function at the Shenzhen factory in China was transferred to a new factory in Suzhou in October 2020, which began operations.」
The transfer of the charger production function from the Shenzhen factory to the new Suzhou factory was completed and operations began in October 2020. The transfer coincided with a sharp increase in demand, resulting in lower production efficiency and higher costs. - FY2020AdvancedAnnual report
「The Company invested ¥1,309 million in construction of a new automotive factory in Sakado and ¥281 million in construction of a new factory for Tamura Automotive Electronics (Foshan) Co., Ltd.」
Capital investment was made in the new Sakado automotive factory and the new Foshan factory. Completion was scheduled for March 2021 for the Sakado site and June 2021 for the Foshan factory, but the timing and other details were being reviewed due to the impact of COVID-19. - FY2020-Q3AdvancedAnnual report
「Tamura Electronics (Suzhou) Co., Ltd. People's Republic of China, Suzhou, Jiangsu Province Electronic Components Business Factory fit-out 500 － Internal funds July 2019 March 2020 (Note) Part of the products manufactured at Tamura Electronics (Shenzhen) Co., Ltd. will be transferred. In addition, Tamura Electronics (Suzhou) Co., Ltd. was newly established and has been included in the scope of consolidation from the third quarter of the fiscal year.」
The planned investment in the Suzhou factory fit-out was ¥500 million, with completion scheduled for March 2020, and a plan was presented to transfer some production items from Shenzhen. The Suzhou subsidiary was also established and added to the scope of consolidation. - FY2020-Q2AdvancedAnnual report
「In the Electronic Components Business, Tamura Automotive Electronics (Foshan) Co., Ltd. was newly established and has been included in the scope of consolidation from the second quarter of the fiscal year.」
In connection with the plan to establish a new factory and production equipment in Foshan, Tamura Automotive Electronics (Foshan) Co., Ltd. was newly established and added to the scope of consolidation from the second quarter of the fiscal year. The factory and production equipment have a total cost of ¥2.3 billion, with completion scheduled for June 2021. - FY2020-Q1First statedAnnual report
「Tamura Automotive Electronics (Foshan) Co., Ltd. People's Republic of China, Foshan, Guangdong Province Electronic Components Business Factory and production equipment 2,300 － Internal funds and borrowings July 2019 June 2021 New construction Tamura Electronics (Suzhou) Co., Ltd. People's Republic of China, Suzhou, Jiangsu Province Electronic Components Business Factory fit-out 500 － Internal funds July 2019 December 2019 (Note) Part of the products manufactured at Tamura Electronics (Shenzhen) Co., Ltd. will be transferred.」
A new factory and production equipment totaling ¥2.3 billion are being established in Foshan, China, with completion scheduled for June 2021. Fit-out work at the Suzhou factory, costing ¥500 million, was scheduled for completion in December 2019, with a plan to transfer some production items from Shenzhen disclosed for the first time.