Recovery in China business sales, improvement in profitability, and stronger coordination with Japan
First written in FY2016. 24 of 41 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-11-13.
Tensho Electric Industries moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2022: 5 of 16 companies on the "Worse" side.
14 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In the China molding-related business, we continued working to expand sales of logistics industry materials and mechanism-component parts. As a result, sales were ¥551 million, up 3.6% from the previous consolidated fiscal year, and segment profit was ¥7 million, compared with a segment loss of ¥28 million in the previous consolidated fiscal year.」
The China business continued expanding sales of logistics industry materials and mechanism-component parts. Sales increased 3.6%, and segment results improved from a loss of ¥28 million to a profit of ¥7 million. - FY2026-H1Lower revenue and reduced lossesAnnual report
「In the China molding-related business, we continued working to expand sales of logistics industry materials and mechanism-component parts. As a result, sales were ¥252 million, down 17.1% year on year, and the segment posted a loss of ¥2 million, compared with a segment loss of ¥3 million in the previous year.」
Although efforts to expand sales of logistics industry materials and mechanism-component parts continued, sales fell 17.1% year on year. Meanwhile, the segment loss narrowed from ¥3 million to ¥2 million. - FY2025WorsenedAnnual report
「In the China molding-related business, we continued working to expand sales of logistics industry materials and mechanism-component parts. As a result, sales were ¥533 million, up 19.6% from the previous consolidated fiscal year, while the segment posted a loss of ¥28 million, compared with segment profit of ¥9 million in the previous consolidated fiscal year.」
Although sales in the China business increased 19.6%, segment results deteriorated from profit of ¥9 million in the previous year to a loss of ¥28 million. Measures to expand sales continued alongside deteriorating profitability. - FY2025-H1AdvancedAnnual report
「In the China molding-related business, we continued working to expand sales of logistics industry materials and mechanism-component parts. As a result, sales were ¥304 million, up 35.3% year on year, and the segment posted a loss of ¥3 million, compared with a segment loss of ¥18 million in the previous year.」
The China business worked to expand sales of logistics industry materials and mechanism-component parts. Sales increased 35.3% year on year, and the segment loss narrowed from ¥18 million to ¥3 million. However, the loss remains. - FY2024WorsenedAnnual report
「In China, we are pursuing sales recovery and profitability improvement while reducing expenses. / In the China molding-related business, sales of IC trays linked to stay-at-home demand during the previous fiscal year were strong, but the resulting reaction also contributed to an outcome below plan in the current fiscal year. As a result, sales were ¥445 million, down 38.9% from the previous consolidated fiscal year, and segment profit was ¥9 million, down 86.2%.」
Although measures to recover sales and improve profitability continue, full-year sales fell 38.9% and segment profit fell 86.2% due to the reaction following stay-at-home demand for IC trays. - FY2024-Q3WorsenedAnnual report
「In the China molding-related business, sales of IC trays linked to stay-at-home demand during the previous fiscal year were strong, but the resulting reaction also contributed to an outcome below plan this fiscal year. As a result, sales were ¥356 million, down 39.8% year on year, and segment profit was ¥3 million, down 95.6%.」
The China molding-related business fell short of plan due to the reaction following stay-at-home demand for IC trays in the previous fiscal year. Sales fell 39.8% year on year, and segment profit fell 95.6%. - FY2024-Q2WorsenedAnnual report
「In the China molding-related business, sales of IC trays linked to stay-at-home demand during the previous fiscal year were strong, but the resulting reaction also contributed to an outcome below plan this fiscal year. As a result, sales were ¥225 million, down 42.2% year on year, and the segment posted a loss of ¥18 million, compared with segment profit of ¥65 million in the same quarter of the previous year.」
The China business fell short of plan due to the reaction following stay-at-home demand for IC trays. Sales fell 42.2% year on year, and results turned from a profit in the previous year to a segment loss of ¥18 million. - FY2024-Q1WorsenedAnnual report
「In the China molding-related business, sales of IC trays linked to stay-at-home demand during the previous fiscal year were strong, but demand has settled this fiscal year and is tracking at normal levels. As a result, sales were ¥115 million, down 31.4% year on year, and the segment posted a loss of ¥9 million, compared with segment profit of ¥28 million in the same quarter of the previous year.」
In the China business, demand for IC trays, which had been strong in the same period of the previous year, settled, causing sales to fall 31.4% and segment results to turn from a profit in the previous year to a loss of ¥9 million. - FY2023AdvancedAnnual report
「In the China molding-related business, orders from major customers increased substantially, while orders for high-margin products also remained strong. As a result, sales were ¥729 million, up 51.1% from the previous consolidated fiscal year, and segment profit was ¥71 million, up 119.1%.」
In the China business, increased orders from major customers and for high-margin products resulted in full-year sales growth of 51.1% and segment profit growth of 119.1%, demonstrating progress in recovery and profitability improvement. - FY2023-Q3AdvancedAnnual report
「In the China molding-related business, orders from major customers increased substantially, while orders for high-margin products also remained strong. As a result, sales were ¥592 million, up 72.1% year on year, and segment profit was ¥83 million, up 193.4%.」
In the China business, orders from major customers and for high-margin products increased, resulting in concrete progress, with both sales and segment profit exceeding the previous year's levels. - FY2023-Q2AdvancedAnnual report
「In the China molding-related business, orders from major customers increased substantially, while orders for high-margin products also remained strong. As a result, sales were ¥389 million, up 76.0% year on year, and segment profit was ¥65 million, up 272.9%.」
In the China business, orders from major customers and for high-margin products increased, resulting in concrete progress, with both sales and segment profit exceeding the previous year's levels. - FY2023-Q1AdvancedAnnual report
「In the China molding-related business, orders from major customers increased substantially, while orders for high-margin products also remained strong. As a result, sales were ¥168 million, up 48.9% year on year, and segment profit was ¥28 million, up 260.0%.」
In the China business, orders from major customers and orders for high-margin products increased, resulting in sales and segment profit exceeding the previous year's levels. - FY2022AdvancedAnnual report
「In the China molding-related business, the impact of the spread of COVID-19 remained limited. We worked to produce and sell products while thoroughly reducing costs and securing profit margins. As a result, sales were ¥482 million, up 33.4% from the previous consolidated fiscal year, and segment profit was ¥32 million, up 212.7%.」
The impact of infectious disease on the China business remained limited. As a result of reducing costs and securing profit margins, both sales and segment profit exceeded the previous year's levels. - FY2022-Q3AdvancedAnnual report
「In the China molding-related business, the impact of the spread of COVID-19 subsided, and we worked to produce and sell products while thoroughly reducing costs and securing profit margins. As a result, sales were ¥344 million, up 33.3% year on year, and segment profit was ¥28 million, up 231.7% year on year.」
After the impact of infectious disease subsided, the China business pursued cost reductions and secured profit margins, resulting in sales and segment profit exceeding the previous year's levels. Sales recovery and profitability improvement are continuing. - FY2022-Q2AdvancedAnnual report
「In the China molding-related business, the impact of the spread of COVID-19 subsided, and we worked to produce and sell products while thoroughly reducing costs and securing profit margins. As a result, sales were ¥221 million, up 22.8% year on year, and segment profit was ¥17 million, up 139.0% year on year.」
After the impact of infectious disease subsided, the China business pursued cost reductions and secured profit margins, resulting in sales and segment profit exceeding the previous year's levels. Sales recovery and profitability improvement are continuing. - FY2022-Q1AdvancedAnnual report
「In the China molding-related business, the impact of the spread of COVID-19 subsided, and we worked to produce and sell products while thoroughly reducing costs and securing profit margins. As a result, sales were ¥113 million, up 50.8% year on year, and segment profit was ¥7 million, up 5,272.8% year on year.」
The company states that the impact of the spread of infectious disease subsided. As a result of reducing costs and securing profit margins, sales and segment profit exceeded the previous year's levels. Concrete progress was made in the recovery of sales and profitability in the China business. - FY2021WorsenedAnnual report
「In the China molding-related business, the spread of COVID-19 and delays in the schedules of new projects resulted in sales of ¥361 million, down 18.4% from the previous consolidated fiscal year, and segment profit of ¥10 million, down 75.0%.」
Although expense reductions, orders from Japanese companies, sales and engineering coordination with Japan, and the function as a point of contact for mold orders continue, full-year sales and profit declined substantially, and progress in the recovery and profitability improvement of the China business deteriorated. - FY2021-Q3WorsenedAnnual report
「In the China molding-related business, the spread of COVID-19 and delays in the schedules of new projects resulted in sales of ¥258 million, down 20.0% year on year, and segment profit of ¥8 million, down 74.8% year on year.」
In the China business, delays in the schedules of new projects occurred in addition to the impact of infectious disease. Sales fell 20.0% year on year, and segment profit fell 74.8%. - FY2021-Q2Limited impact from infectious disease; lower sales and profitAnnual report
「In the China molding-related business, restrictions on production activity resulting from the spread of COVID-19 were limited. However, increased sales activity expenses resulted in sales of ¥180 million, down 5.5% year on year, and segment profit of ¥7 million, down 43.5% year on year.」
Although restrictions on production activity from infectious disease were limited in China, increased sales activity expenses caused sales and segment profit to fall below the previous year's levels. - FY2021-Q1Impact of infectious disease contained in a short periodAnnual report
「In the China molding-related business, production and sales activities were restricted by the spread of COVID-19, but the impact subsided within a short period. As a result, sales were ¥75 million, down 0.2% year on year, and segment profit was ¥0 million, compared with a segment loss of ¥0 million in the same quarter of the previous year.」
Although infectious disease temporarily restricted production and sales activities in the China business, the company states that the impact subsided within a short period. Sales fell 0.2% year on year, while segment results improved from a loss to ¥0 million. - FY2020AdvancedAnnual report
「In the China molding-related business, our focus on expanding sales, mainly of logistics industry materials and mechanism-component parts, resulted in sales of ¥443 million, up 15.8% from the previous consolidated fiscal year. Through thorough cost reductions, particularly in factory expenses, segment profit was ¥41 million, up 59.4% from the previous consolidated fiscal year.」
Sales in the China business increased 15.8% year on year, and segment profit increased 59.4%, indicating progress in sales recovery and profitability improvement. - FY2020-Q3AdvancedAnnual report
「In the China molding-related business, our focus on expanding sales, mainly of logistics industry materials and mechanism-component parts, resulted in sales of ¥323 million, up 10.6% year on year. Through thorough cost reductions, particularly in factory expenses, segment profit was ¥34 million, up 39.1% year on year.」
Sales in the China business increased 10.6% year on year, while segment profit was ¥34 million, up 39.1%, indicating continued sales recovery and profitability improvement. - FY2020-Q2AdvancedAnnual report
「In China, our focus on expanding sales, mainly of logistics industry materials and mechanism-component parts, resulted in sales of ¥190 million, up 25.2% year on year. Through thorough cost reductions and other measures, segment profit was ¥13 million, up 50.3% year on year.」
Sales in the China business increased 25.2% year on year to ¥190 million, while segment profit was ¥13 million, up 50.3% year on year, indicating continued sales recovery and profitability improvement. - FY2020-Q1AdvancedAnnual report
「In China, efforts to expand sales of logistics industry materials and mechanism-component parts resulted in sales of ¥75 million, up 49.1% year on year. Despite pursuing cost reductions and cuts in selling, general and administrative expenses, the segment posted a loss of ¥0 million, compared with a loss of ¥4 million in the same quarter of the previous year.」
The China business pursued sales expansion, cost reductions, and cuts in selling, general and administrative expenses, resulting in a 49.1% year-on-year increase in sales. The segment loss also improved from ¥4 million to ¥0 million. - FY2019AdvancedAnnual report
「In the China molding-related business, our focus on expanding sales, mainly of logistics industry materials and mechanism-component parts, resulted in sales recovering to ¥382 million, up 15.5% from the previous consolidated fiscal year. Through thorough cost reductions, particularly in factory expenses, segment profit increased to ¥26 million, up 53.7% from the previous consolidated fiscal year.」
Sales in the China business were ¥382 million, up 15.5% year on year, while segment profit was ¥26 million, up 53.7%. This demonstrates concrete progress in sales recovery and profitability improvement. - FY2019-Q3AdvancedAnnual report
「In the China molding-related business, our focus on expanding sales, mainly of logistics industry materials and mechanism-component parts, resulted in sales recovering to ¥292 million, up 21.9% year on year. Through thorough cost reductions, particularly in factory expenses, segment profit increased to ¥24 million, up 194.5% year on year.」
Sales in the China business increased 21.9% year on year to ¥292 million, and segment profit also increased to ¥24 million through cost reductions. This demonstrates concrete progress in sales recovery and profitability improvement. - FY2019-Q2AdvancedAnnual report
「Although we focused on expanding sales, mainly of logistics industry materials and mechanism-component parts, conditions remained difficult. Sales were ¥152 million, down 0.9% year on year, while segment profit was ¥8 million, up 83.1% year on year, owing to thorough cost reductions and other measures.」
Although the China business continued to face difficult conditions and sales fell 0.9% year on year, segment profit reached ¥8 million through thorough cost reductions and other measures, improving from a loss in the same period of the previous year. - FY2019-Q1WorsenedAnnual report
「Although we worked to expand sales of logistics industry materials and mechanism-component parts in China, sluggish sales persisted and conditions remained difficult. As a result, sales were ¥50 million, down 35.7% year on year. Despite pursuing thorough cost reductions and cuts in selling, general and administrative expenses, the segment posted a loss of ¥4 million, compared with a profit of ¥0 million in the same quarter of the previous year.」
Although we are pursuing sales growth, cost reductions, and cuts in selling, general and administrative expenses, sales in the China business fell 35.7% year on year, and results deteriorated from a profit in the same period of the previous year to a segment loss of ¥4 million. - FY2018AdvancedAnnual report
「Although we worked to expand sales of logistics industry materials and mechanism-component parts, primarily to Japanese companies, difficult conditions continued. Sales were ¥331 million, up 0.3% year on year. The addition of a function as a point of contact for mold orders in China, together with thorough cost reductions and other measures, resulted in segment profit of ¥17 million, compared with a loss of ¥23 million in the same period of the previous year.」
Although difficult conditions continued in the China business, a function as a point of contact for mold orders was newly added. Full-year sales increased 0.3% year on year, and segment results improved from a loss of ¥23 million to a profit of ¥17 million. - FY2018-Q3AdvancedAnnual report
「Although we worked to expand sales of logistics industry materials and mechanism-component parts in China, difficult conditions continued. Sales were ¥239 million, up 1.7% year on year. Through thorough cost reductions, particularly in factory expenses, the segment posted a profit of ¥8 million, compared with a loss of ¥28 million in the same quarter of the previous year.」
Although difficult conditions continued in the China business, sales increased 1.7% year on year, and segment results improved from a loss of ¥28 million in the same period of the previous year to a profit of ¥8 million through cost reductions. - FY2018-Q2AdvancedAnnual report
「Although we focused on expanding sales, mainly of logistics industry materials and mechanism-component parts, conditions remained difficult. Sales were ¥153 million, down 1.5% year on year, and sluggish sales persisted. However, segment profit was ¥4 million, compared with a loss of ¥38 million in the same quarter of the previous year, owing to thorough cost reductions and other measures.」
Although sluggish sales and declining sales revenue continued, segment results turned from a loss of ¥38 million in the same period of the previous year to a profit of ¥4 million through cost reductions and other measures, demonstrating concrete progress in profitability. - FY2018-Q1Sluggish sales persist; profitability improvesAnnual report
「Although we worked to expand sales of logistics industry materials and mechanism-component parts in China, sluggish sales persisted and conditions remained difficult. As a result, sales were ¥78 million, down 4.9% year on year. Segment profit was ¥0 million, compared with a loss of ¥1 million in the same quarter of the previous year, owing to thorough cost reductions and cuts in selling, general and administrative expenses.」
Although efforts to expand sales continue amid persistent sluggish sales in the China business, segment results improved from a loss of ¥1 million in the same period of the previous year to ¥0 million through cost reductions and cuts in selling, general and administrative expenses. - FY2017WorsenedAnnual report
「In China, we are working to recover sales and improve profitability while reducing expenses. We will strengthen coordination with our sales and engineering departments in Japan to secure orders for molded products from Japanese companies in China. We will also strengthen our function as a point of contact for mold orders in China. / Although we are working to expand sales of logistics industry materials and mechanism-component parts, primarily to Japanese companies, conditions remain extremely difficult. Sales fell substantially to ¥330 million, down 32.3% year on year. Despite pursuing thorough cost reductions, particularly in factory expenses, the segment posted a loss of ¥23 million, compared with a loss of ¥8 million in the same period of the previous year.」
Although we are pursuing expense reductions, coordination with domestic departments, and order growth, sales in the China business fell 32.3% year on year, and the segment loss widened from ¥8 million to ¥23 million. - FY2017-Q3WorsenedAnnual report
「Although we are working to expand sales of logistics industry materials and mechanism-component parts, conditions remain extremely difficult. Sales fell substantially to ¥235 million, down 35.9% year on year. Despite pursuing thorough cost reductions, particularly in factory expenses, the segment posted a loss of ¥28 million, compared with a loss of ¥4 million in the same quarter of the previous year.」
Although we are pursuing sales growth and thorough cost reductions, conditions in the China business remain extremely difficult. Sales fell 35.9% year on year, and the segment loss widened from ¥4 million to ¥28 million. - FY2017-Q2WorsenedAnnual report
「The China business primarily comprises sales of logistics industry materials for the domestic Chinese market. Although we have focused on expanding sales, conditions remained difficult. Sales were ¥155 million, down 34.6% year on year, and the segment posted a loss of ¥38 million, compared with a loss of ¥19 million in the same quarter of the previous year.」
Although the China business has focused on expanding sales, difficult conditions continued. Cumulative sales fell 34.6% year on year, and the segment loss widened from ¥19 million to ¥38 million. - FY2017-Q1WorsenedAnnual report
「In China, sales consist mainly of logistics industry materials. During the cumulative first quarter, the business remained in a difficult environment as sluggish sales persisted. As a result, sales were ¥82 million, down 32.1% year on year, and the segment posted a loss of ¥1 million, compared with a loss of ¥7 million in the same quarter of the previous year.」
Sluggish sales in the China business persisted, and quarterly sales fell 32.1% year on year. The loss narrowed from ¥7 million in the previous year to ¥1 million, but sales recovery remained difficult. - FY2016First statedAnnual report
「In China, we are working to recover sales and improve profitability while reducing expenses. We will strengthen coordination with our sales and engineering departments in Japan to secure orders for molded products from Japanese companies in China. We will also strengthen our function as a point of contact for mold orders in China.」
The China business is pursuing a recovery by combining expense reductions, orders from Japanese companies, closer coordination with Japan's sales and engineering departments, and an enhanced function as a point of contact for mold orders.