Lower utilization at overseas plants and higher procurement costs due to the weaker yen
First written in FY2016. 12 of 38 entries say "Mitigated", first in FY2017-Q2. Latest entry: 2026-11-13.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「(Indonesia) In the printed circuit board business, operating adjustments related to capacity expansion for increased production resulted in revenue of ¥2,761 million, including intersegment transactions, down 2.5% year on year, a ¥69 million decrease. Segment loss (operating loss) was ¥162 million, a ¥168 million decline in profit year on year, due to lower revenue and higher equipment installation costs, among other factors.」
As in the first half of the previous year, operating adjustments associated with the introduction of capacity expansion equipment and higher costs occurred in Indonesia, widening the operating loss to ¥162 million. - FY2026-H1WorsenedAnnual report
「(Indonesia) In the printed circuit board business, operating adjustments related to capacity expansion for increased production resulted in revenue of ¥1,302 million, including intersegment transactions, down 6.4% year on year, a ¥88 million decrease. Segment loss (operating loss) was ¥126 million, a ¥126 million decline in profit year on year, due to the impact of lower revenue.」
Operating adjustments associated with capacity expansion for increased production were reflected in Indonesia's lower revenue and operating loss, temporarily worsening profitability risks at the overseas plants. - FY2025-H1MitigatedAnnual report
「(Indonesia) In the printed circuit board business, orders recovered in the office equipment and audio equipment fields. As a result, revenue was ¥1,391 million, including intersegment transactions, up 26.9% year on year, a ¥295 million increase. Segment profit (operating profit) was ¥0 million, a ¥37 million increase year on year, due to higher revenue. (Vietnam) In the printed circuit board business, orders in the automotive-related field for North America remained strong. As a result, revenue was ¥2,236 million, including intersegment transactions, up 27.8% year on year, a ¥486 million increase. Segment profit (operating profit) was ¥200 million, up 44.7% year on year, a ¥61 million increase, due to higher revenue.」
Indonesia improved from an operating loss in the same period of the previous year to ¥0 million in the first half, owing to the recovery in orders, while Vietnam continued to post higher revenue and profit. Profitability risks at the overseas plants are moving toward improvement at each location. - FY2024Vietnam profit rises; Indonesia's loss widensAnnual report
「(Indonesia) In the printed circuit board business, orders declined in the automotive-related field and electronic components fields, including power supplies. As a result, revenue was ¥2,128 million, including intersegment transactions, down 22.3% year on year, a ¥610 million decrease. Segment loss (operating loss) was ¥80 million, a ¥66 million decline in profit year on year, due to lower revenue. (Vietnam) In the printed circuit board business, orders for the automotive-related field for North America increased substantially following the transfer of production from China as part of the reorganisation of the supply chain. As a result, revenue was ¥3,844 million, including intersegment transactions, up 78.7% year on year, a ¥1,693 million increase. Segment profit (operating profit) was ¥269 million, a ¥448 million increase year on year, due to higher revenue.」
For the full year, Vietnam posted higher revenue and profit due to the transfer of production and increased automotive-related orders, while Indonesia deteriorated to an operating loss of ¥80 million due to fewer orders. The profitability gap among the operations continues. - FY2024-Q3Vietnam and China profit rises; Indonesia's loss widensAnnual report
「(Indonesia) In the printed circuit board business, orders declined in the automotive-related and home appliance fields, including air conditioners. As a result, revenue was ¥1,576 million, including intersegment transactions, down 23.6% year on year, a ¥487 million decrease. Segment loss (operating loss) was ¥66 million, a ¥39 million decline in profit year on year, due to lower revenue.」
Indonesia posted lower revenue and an operating loss due to fewer orders. China and Vietnam recorded segment profits of ¥617 million and ¥178 million, respectively, and the profitability gap among the operations remains. - FY2024-Q2Vietnam profit rises; China profit rises; Indonesia remains in the redAnnual report
「(China) In the printed circuit board business, orders in the automotive-related field for North America remained strong. However, orders declined mainly in the office equipment and electronic components fields, including power supplies, due to customers' inventory adjustments and the fading of stay-at-home consumption. As a result, revenue was ¥6,323 million, including intersegment transactions, down 4.5% year on year, a ¥297 million decrease. Segment profit (operating profit) was ¥418 million, up 25.1% year on year, a ¥83 million increase, as sales of high-value-added metal substrates, mainly for automobiles, grew and costs were improved in line with orders. (Indonesia) In the printed circuit board business, orders declined in amusement-related fields, including electronic musical instruments, and in electronic components fields, including power supplies. As a result, revenue was ¥1,096 million, including intersegment transactions, down 19.1% year on year, a ¥259 million decrease. Segment loss (operating loss) was ¥36 million, a ¥17 million decline in profit year on year, due to lower revenue. (Vietnam) In the printed circuit board business, orders increased substantially due to strong demand in the automotive-related field and the transfer of production from China as part of the reorganisation of the supply chain. As a result, revenue was ¥1,749 million, including intersegment transactions, up 112.4% year on year, a ¥925 million increase. Segment profit (operating profit) was ¥138 million, a ¥273 million increase year on year, due to higher revenue.」
China increased profit despite lower revenue, driven by growth in metal substrate sales and cost improvements. Vietnam posted higher revenue and profit on the transfer of production and automotive demand, while Indonesia saw lower revenue and an operating loss. - FY2024-Q1Vietnam posts its first profit; China profit rises; Indonesia remains in the redAnnual report
「(China) In the printed circuit board business, orders in the home appliance field, including LED lighting and air conditioners, remained strong. However, orders declined mainly in the office equipment and electronic components fields, including power supplies, due to customers' inventory adjustments and the fading of stay-at-home consumption. As a result, revenue was ¥3,185 million, including intersegment transactions, down 6.9% year on year, a ¥237 million decrease. Segment profit (operating profit) was ¥205 million, up 4.1% year on year, a ¥8 million increase, as costs were improved in line with orders. (Indonesia) In the printed circuit board business, orders in the automotive-related field remained strong, but orders declined in amusement-related fields, including electronic musical instruments, and in the audio equipment field, including audio speakers. As a result, revenue was ¥592 million, including intersegment transactions, down 9.0% year on year, a ¥58 million decrease. Segment loss (operating loss) was ¥18 million, a ¥18 million decline in profit year on year, due to lower revenue. (Vietnam) In the printed circuit board business, orders increased substantially due to strong demand in the automotive-related field and the transfer of production from China as part of the reorganisation of the supply chain. As a result, revenue was ¥749 million, including intersegment transactions, up 135.0% year on year, a ¥430 million increase. Segment profit (operating profit) was ¥74 million, the first quarterly profit, due to higher revenue, a ¥153 million improvement year on year.」
China increased profit despite lower revenue, owing to cost improvements, while Indonesia saw lower revenue and an operating loss. Vietnam, meanwhile, posted higher revenue and its first quarterly profit, driven by the transfer of production and strong automotive demand. - FY2023China: higher revenue and profit; Indonesia: higher revenue and a loss; Vietnam: narrower lossAnnual report
「(China) In the printed circuit board business, revenue was ¥13,552 million, including intersegment internal transactions, up ¥2,149 million, or 18.8%, from the previous year, due to the acquisition of new customers, mainly in the automotive-related sector, and increased orders for the new aluminum substrate product. Segment profit (operating profit) was ¥699 million, up ¥54 million, or 8.4%, as a result of the increase in revenue. (Indonesia) In the printed circuit board business, revenue was ¥2,739 million, including intersegment internal transactions, up ¥705 million, or 34.7%, from the previous year, due to increased orders, mainly in the automotive-related sector. The segment loss (operating loss) was ¥13 million due to higher fixed costs, a decline of ¥27 million in profit.」
China delivered higher revenue and profit, while Indonesia posted higher revenue but recorded an operating loss of ¥13 million, leaving a gap in profitability among the overseas operations. Vietnam reduced its operating loss on higher sales. - FY2023-Q3China: higher revenue and profit; Indonesia: higher revenue and continuing lossesAnnual report
「(China) In the printed circuit board business, revenue was ¥10,092 million, including intersegment internal transactions, up ¥1,638 million, or 19.4%, from the same quarter of the previous year, due to the acquisition of new customers, mainly in the automotive-related sector, and increased orders for the new aluminum substrate product. Segment profit (operating profit) was ¥579 million, up ¥37 million, or 6.8%, as a result of the increase in revenue. (Indonesia) In the printed circuit board business, revenue was ¥2,064 million, including intersegment internal transactions, up ¥566 million, or 37.8%, from the same quarter of the previous year, due to increased orders, mainly in the automotive-related and office equipment sectors. The segment loss (operating loss) was ¥26 million due to higher fixed costs, a decline of ¥35 million in profit.」
China reported higher revenue and profit due to increased orders from new customers and for aluminum substrates, while Indonesia reported higher revenue due to increased orders but an operating loss of ¥26 million due to higher fixed costs. Performance continued to differ among the overseas operations. - FY2023-Q2China: higher revenue and lower profit; Indonesia: higher revenue and a lossAnnual report
「(China) In the printed circuit board business, revenue was ¥6,621 million, including intersegment internal transactions, up ¥1,216 million, or 22.5%, from the same quarter of the previous year, due to the acquisition of new customers, mainly in the automotive-related sector, and increased orders for the new aluminum substrate product. Segment profit (operating profit) was ¥334 million, down ¥32 million, or 8.8%, due to higher manufacturing expenses, including electricity costs. (Indonesia) In the printed circuit board business, revenue was ¥1,355 million, including intersegment internal transactions, up ¥363 million, or 36.6%, from the same quarter of the previous year, due to increased orders, mainly in the automotive-related and office equipment sectors. The segment loss (operating loss) was ¥18 million due to higher fixed costs, a decline of ¥31 million in profit.」
China reported higher revenue due to increased orders from new customers and for aluminum substrates, but profit declined due to higher manufacturing expenses, including electricity costs. Indonesia reported higher revenue but an operating loss due to higher fixed costs. - FY2023-Q1China: higher revenue and profit; Indonesia: higher revenue but lower profitAnnual report
「(China) In the printed circuit board business, revenue was ¥3,422 million, including intersegment internal transactions, up ¥880 million, or 34.6%, from the same quarter of the previous year, due to the acquisition of new customers, mainly in the automotive-related sector, and increased orders for the new aluminum substrate product. Segment profit (operating profit) was ¥197 million, up ¥31 million, or 18.8%, as a result of the increase in revenue. (Indonesia) In the printed circuit board business, revenue was ¥650 million, including intersegment internal transactions, up ¥183 million, or 39.2%, from the same quarter of the previous year, due to increased orders, mainly in the automotive-related sector. Segment profit (operating profit) was ¥0 million, down ¥5 million, or 94.3%, due to higher fixed costs.」
China reported higher revenue and profit due to increased orders from new customers and for new products, while Indonesia reported higher revenue but lower profit due to increased fixed costs. Performance continued to differ among the overseas operations. - FY2022-Q3MitigatedAnnual report
「(China) In the printed circuit board business, revenue was ¥8,453 million, including intersegment internal transactions, up ¥2,339 million, or 38.3%, from the same quarter of the previous year, due to the recovery of orders in the automotive-related, office equipment and home appliance sectors. Segment profit (operating profit) was ¥541 million, up ¥311 million, or 135.0%, as a result of the significant increase in revenue and improved operating efficiency through productivity gains and other measures. (Indonesia) In the printed circuit board business, revenue was ¥1,498 million, including intersegment internal transactions, up ¥493 million, or 49.1%, from the same quarter of the previous year, due to the recovery of orders for automotive-related products and audio and other audiovisual equipment. Segment profit (operating profit) was ¥9 million, up ¥93 million year on year, as a result of the increase in revenue.」
Both China and Indonesia reported higher revenue due to recovering orders. China posted operating profit of ¥541 million and Indonesia operating profit of ¥9 million. Profitability at the overseas operations improved at both locations. - FY2022-Q2MitigatedAnnual report
「(China) In the printed circuit board business, revenue was ¥5,404 million, including intersegment internal transactions, up ¥1,504 million, or 38.6%, from the same quarter of the previous year, due to the recovery of orders in the home appliance, office equipment and automotive-related sectors. Segment profit (operating profit) was ¥366 million, up ¥244 million, or 200.3%, as a result of the significant increase in revenue and improved operating efficiency through productivity gains and other measures. (Indonesia) In the printed circuit board business, revenue was ¥992 million, including intersegment internal transactions, up ¥363 million, or 57.7%, from the same quarter of the previous year, due to the recovery of orders for audio and other audiovisual equipment and home appliances. Segment profit (operating profit) was ¥13 million, up ¥92 million year on year, as a result of the increase in revenue.」
Both China and Indonesia reported higher revenue due to recovering orders. China posted operating profit of ¥366 million and Indonesia operating profit of ¥13 million. The risk of lower utilization and deteriorating profitability at overseas plants improved at both operations. - FY2022-Q1MitigatedAnnual report
「(China) In the printed circuit board business, revenue was ¥2,542 million, including intersegment internal transactions, up ¥525 million, or 26.1%, from the same quarter of the previous year, due to the recovery of orders in the home appliance, office equipment and automotive-related sectors. Segment profit (operating profit) was ¥166 million, up ¥112 million, or 207.8%, as a result of the significant increase in revenue and improved operating efficiency through productivity gains and other measures. (Indonesia) In the printed circuit board business, revenue was ¥467 million, including intersegment internal transactions, up ¥167 million, or 56.1%, from the same quarter of the previous year, due to the recovery of orders for audio and other audiovisual equipment and home appliances. Segment profit (operating profit) was ¥6 million, up ¥32 million year on year, as a result of the increase in revenue.」
Both China and Indonesia reported higher revenue due to recovering orders. China posted operating profit of ¥166 million and Indonesia operating profit of ¥6 million. The divergence in performance and deterioration in profitability at the overseas plants improved at both operations. - FY2021Continued divergence in performance among overseas operationsAnnual report
「(China) Orders in the automotive-related, office equipment and home appliance sectors began to recover from the third quarter following the resumption of economic activity, but the effects of weakness in the first half of the period and the classification of Mexico as a reportable segment from the current consolidated fiscal year resulted in revenue of ¥8,582 million, including intersegment internal transactions, down ¥428 million, or 4.8%, from the previous year. Segment profit (operating profit) was ¥473 million, up ¥128 million, or 37.1%, due to improved operating efficiency through productivity gains and reductions in selling, general and administrative expenses and other costs. (Indonesia) Orders in the automotive-related and home appliance sectors began to recover from the third quarter, but the effects of weakness in the first half of the period resulted in revenue of ¥1,472 million, including intersegment internal transactions, down ¥274 million, or 15.7%, from the previous year. The segment loss (operating loss) was ¥81 million due to the decline in revenue, a decline of ¥38 million year on year.」
China increased profit through productivity gains and cost reductions despite lower revenue, while Indonesia reported lower revenue and an operating loss. The difference in performance among overseas operations was also confirmed on a full-year basis. - FY2021-Q3Continued improvement in China and deterioration in IndonesiaAnnual report
「(China) Orders in the automotive-related, office equipment and home appliance sectors began to recover from the third quarter following the resumption of economic activity, but the effects of weakness in the first half of the period resulted in revenue of ¥6,159 million, including intersegment internal transactions, down ¥500 million, or 7.5%, from the same quarter of the previous year. Segment profit (operating profit) was ¥223 million, up ¥28 million, or 14.4%, due to improved operating efficiency through productivity gains and reductions in selling, general and administrative expenses and other costs. (Indonesia) Orders in the home appliance and office equipment sectors also began to recover from the third quarter, but the effects of weakness in the first half of the period resulted in revenue of ¥1,004 million, including intersegment internal transactions, down ¥369 million, or 26.9%, from the same quarter of the previous year. The segment loss (operating loss) was ¥83 million due to the decline in revenue, a decline of ¥43 million year on year.」
China increased operating profit through productivity gains and cost reductions despite lower revenue, while Indonesia reported lower revenue and an operating loss despite signs of recovering orders. Performance continued to differ among the overseas operations. - FY2021-Q2Continued improvement in China and deterioration in IndonesiaAnnual report
「(China) Orders in the automotive-related, office equipment and home appliance sectors, including LED lighting, declined. As a result, revenue was ¥3,930 million, including intersegment internal transactions, down ¥517 million, or 11.6%, from the same quarter of the previous year. Segment profit (operating profit) was ¥115 million, up ¥45 million, or 65.6%, due to improved productivity and reductions in selling, general and administrative expenses and other costs. (Indonesia) Orders in the automotive-related and home appliance sectors declined. As a result, revenue was ¥629 million, including intersegment internal transactions, down ¥361 million, or 36.5%, from the same quarter of the previous year. The segment loss (operating loss) was ¥79 million due to the decline in revenue, a decline of ¥76 million year on year.」
China’s operating profit increased to ¥115 million through improved productivity and reductions in selling, general and administrative expenses despite lower revenue, while Indonesia’s revenue declined 36.5% due to lower orders, resulting in an operating loss of ¥79 million. - FY2021-Q1Improved profitability in China and deterioration in IndonesiaAnnual report
「(China) Although orders for double-sided printed circuit boards for automotive-related applications increased, orders for both single- and double-sided printed circuit boards for office equipment and home appliances declined substantially. As a result, revenue was ¥1,935 million, including intersegment internal transactions, down ¥253 million, or 11.6%, from the same quarter of the previous year. Segment profit (operating profit) was ¥47 million, up ¥33 million, or 252.3%, due to improved productivity and reductions in selling, general and administrative expenses and other costs.」
Among the overseas operations, China increased profit through improved productivity and cost reductions despite lower revenue, while Indonesia’s revenue declined 40.8% year on year and it posted an operating loss of ¥26 million. Performance continued to differ by operation. - FY2020WorsenedAnnual report
「(Japan) Revenue was ¥10,162 million, including intersegment internal transactions, down ¥206 million, or 2.0%, from the previous year. The segment loss (operating loss) was ¥213 million, due to increased outsourcing costs resulting from delays in responding to increased production in automotive-related fields and preparation expenses for the launch of the Vietnamese subsidiary, a decline of ¥224 million year on year. (China) Revenue was ¥9,051 million, down 17.2% from the previous year, and segment profit was ¥312 million, down 34.6%. (Indonesia) Revenue was ¥1,747 million, down 17.1% from the previous year, and the segment loss was ¥43 million.」
The full-year results confirmed lower revenue in China and Indonesia, while Japan posted an operating loss due to delays in responding to increased production and expenses related to preparations in Vietnam. Worsening profitability at overseas plants and weak performance by individual operations were reflected on a full-year basis. - FY2020-Q3WorsenedAnnual report
「(China) Orders for single-sided printed circuit boards in the home appliance sector remained weak, while orders for double-sided printed circuit boards in the automotive-related sector also declined. As a result, revenue was ¥6,660 million, including intersegment internal transactions, down ¥1,751 million, or 20.8%, from the same quarter of the previous year. Segment profit (operating profit) was ¥195 million, down ¥174 million, or 47.2%, due to the significant decline in revenue caused by the US-China trade friction. (Indonesia) Orders for single-sided printed circuit boards in the home appliance and video-related sectors declined. As a result, revenue was ¥1,373 million, including intersegment internal transactions, down ¥192 million, or 12.3%, from the same quarter of the previous year. The segment loss (operating loss) was ¥40 million, a decline of ¥28 million year on year.」
China saw substantial declines in revenue and segment profit, while Indonesia also reported lower revenue and an operating loss. Performance at the overseas operations has deteriorated further from the previous quarter. - FY2020-Q2Continued divergence in performance among overseas operationsAnnual report
「(China) Orders for single-sided printed circuit boards in the home appliance sector, including LED lighting, remained weak, while orders for double-sided printed circuit boards in the automotive-related sector also declined. As a result, revenue was ¥4,448 million, including intersegment internal transactions, down ¥1,101 million, or 19.9%, from the same quarter of the previous year. Segment profit (operating profit) was ¥69 million, down ¥104 million, or 60.1%, due to the significant decline in revenue caused by the US-China trade friction. (Indonesia) Orders for single-sided printed circuit boards for home appliances and video-related applications declined. As a result, revenue was ¥991 million, including intersegment internal transactions, down ¥95 million, or 8.8%, from the same quarter of the previous year. The segment loss (operating loss) was ¥2 million, an improvement of ¥0 million year on year.」
China reported lower revenue and a significant decline in profit, while Indonesia also reported lower revenue and an operating loss. Indonesia’s loss improved from the same quarter of the previous year, but performance continued to diverge among the overseas operations. - FY2020-Q1Diverging performance among overseas operationsAnnual report
「(China) Single-sided printed circuit boards for home appliances, including LED lighting, remained weak due to customers’ inventory adjustments, while orders for double-sided printed circuit boards for automotive-related and video-related applications also declined. As a result, revenue was ¥2,188 million, including intersegment internal transactions, down ¥607 million, or 21.7%, from the same quarter of the previous year. Despite efforts to improve productivity and reduce selling, general and administrative expenses and other costs, the impact of lower revenue was significant, and segment profit (operating profit) was ¥13 million, down ¥44 million, or 76.9%. (Indonesia) Orders for single-sided printed circuit boards for home appliances and video-related applications declined, but orders for double-sided printed circuit boards for automotive-related applications increased and remained strong. As a result, revenue was ¥506 million, including intersegment internal transactions, up ¥24 million, or 5.1%, from the same quarter of the previous year. Segment profit (operating profit), supported by the increase in revenue, was ¥2 million, up ¥13 million year on year.」
China reported lower revenue and a significant decline in profit, while Indonesia reported higher revenue and profit, supported by automotive-related orders, resulting in divergent performance among the overseas plants. - FY2019WorsenedAnnual report
「(Indonesia) Orders for double-sided printed circuit boards for automotive-related applications increased and remained firm, but orders for single-sided printed circuit boards for home appliances, office equipment and other applications declined. As a result, revenue was ¥2,108 million, including intersegment internal transactions, down ¥134 million, or 6.0%, from the previous year. The segment loss (operating loss) was ¥13 million due to the decline in revenue, a decline of ¥20 million year on year.」
In Indonesia, orders for some automotive applications increased, but lower orders for home appliances and office equipment caused revenue to decline 6.0%, resulting in an operating loss of ¥13 million. Worsening profitability at the overseas plant was also confirmed for the full year. - FY2019-Q3WorsenedAnnual report
「(Indonesia) Orders for double-sided printed circuit boards for automotive-related applications increased and remained firm, but orders for single-sided printed circuit boards for home appliances, office equipment and other applications declined. In addition, the business was affected by the stronger yen. As a result, revenue was ¥1,566 million, including intersegment internal transactions, down ¥180 million, or 10.3%, from the same quarter of the previous year. The segment loss (operating loss) was ¥11 million due to the decline in revenue, a decline of ¥32 million year on year.」
In Indonesia, orders for automotive-related applications increased, but lower orders for home appliances and office equipment and the stronger yen caused revenue to decline 10.3% year on year, resulting in an operating loss of ¥11 million. - FY2019-Q2WorsenedAnnual report
「(Indonesia) Orders for double-sided printed circuit boards for automotive-related applications increased and remained firm, but orders for single-sided printed circuit boards for office equipment and other applications declined. In addition, the business was affected by the stronger yen. As a result, revenue was ¥1,086 million, including intersegment internal transactions, down ¥67 million, or 5.9%, from the same quarter of the previous year. Although product prices were adjusted appropriately in response to lower revenue and rising prices of principal materials, the effects of delays in making such adjustments remained, resulting in a segment loss (operating loss) of ¥3 million, a decline of ¥23 million year on year.」
In Indonesia, revenue declined 5.9% year on year, and the business moved from operating profit to an operating loss of ¥3 million. The stronger yen, lower orders, rising material prices and delays in appropriate price adjustments continued to weigh on profitability at the overseas operation. - FY2019-Q1WorsenedAnnual report
「In Indonesia, orders for double-sided printed circuit boards for automotive-related and amusement applications increased and remained firm, but orders for single-sided printed circuit boards for office equipment declined. In addition, the business was affected by the stronger yen. As a result, revenue was ¥481 million, including intersegment internal transactions, down ¥29 million, or 5.7%, from the same quarter of the previous year. The segment loss (operating loss) was ¥11 million, as the decline in revenue and the time lag between material price increases and the appropriate adjustment of product prices affected earnings, a decline of ¥18 million year on year.」
In Indonesia, revenue declined 5.7% year on year, and the business moved from operating profit to an operating loss of ¥11 million. The stronger yen, lower revenue and the time lag between material price increases and appropriate product price adjustments led to worsening profitability at the overseas plant. - FY2018-Q3MitigatedAnnual report
「(Indonesia) Orders for home appliances, including LED lighting, from non-Japanese customers and automotive-related products increased for single-sided printed circuit boards, while orders for double-sided printed circuit boards for automotive-related applications also increased. As a result, revenue was ¥1,746 million, including intersegment internal transactions, up ¥167 million, or 10.6%, from the same quarter of the previous year. Segment profit (operating profit), supported by increased sales of high-value-added products and other factors, was ¥20 million, up ¥30 million year on year.」
In Indonesia, revenue increased 10.6% year on year, and segment profit also improved by ¥30 million through increased sales of high-value-added products and other factors. Profitability at the overseas operation continued to improve. - FY2018-Q2MitigatedAnnual report
「In Indonesia, orders for home appliances, including LED lighting, from non-Japanese customers and automotive-related products increased for single-sided printed circuit boards, while orders for double-sided printed circuit boards for automotive-related applications also increased. As a result, revenue was ¥1,153 million, including intersegment internal transactions, up ¥113 million, or 10.9%, from the same quarter of the previous year. Segment profit (operating profit), supported by increased sales of high-value-added products and other factors, was ¥20 million, up ¥24 million year on year.」
In Indonesia, revenue increased 10.9% year on year, and segment profit also improved by ¥24 million through increased sales of high-value-added products and other factors. Profitability at the overseas operation continued to improve. - FY2018-Q1MitigatedAnnual report
「In Indonesia, revenue declined, but segment profit improved by ¥21 million through increased sales of high-value-added products and other factors, with profitability at the overseas operation continuing to improve.」
In Indonesia, revenue declined, while segment profit improved by ¥21 million through increased sales of high-value-added products and other factors, and profitability at the overseas operation continued to improve. - FY2017MitigatedAnnual report
「On the earnings front, mainly due to improved utilization at overseas plants and the effects of rationalization, operating income was ¥700 million, up ¥183 million, or 35.4%, from the previous year, while ordinary income was ¥708 million, up ¥193 million, or 37.6%.」
Improved utilization at overseas plants and the effects of rationalization lifted operating income and ordinary income above the previous year. In Indonesia, the operating loss also decreased by ¥119 million through rationalization and other measures, indicating the effectiveness of responses to the risks. - FY2017-Q3MitigatedAnnual report
「On the earnings front, mainly due to improved overseas orders and the effects of rationalization, operating income was ¥495 million, up ¥20 million, or 4.3%, from the same quarter of the previous year, while ordinary income was ¥513 million, up ¥34 million, or 7.1%. (Indonesia) Double-sided printed circuit boards remained firm for automotive-related applications, but orders for single-sided printed circuit boards for office equipment and amusement applications declined. As a result, revenue was ¥1,578 million, including intersegment internal transactions, down ¥97 million, or 5.8%, from the same quarter of the previous year. The segment loss (operating loss) improved through rationalization and other measures, but was ¥9 million, a ¥43 million improvement year on year.」
Improved overseas orders and the effects of rationalization increased consolidated operating income and ordinary income, while Indonesia’s operating loss improved by ¥43 million from the same quarter of the previous year. - FY2017-Q2MitigatedAnnual report
「On the earnings front, rationalization and other measures at overseas plants progressed, but operating income was ¥236 million, down ¥18 million, or 7.3%, from the same quarter of the previous year, due to lower domestic orders. Ordinary income was ¥244 million, down ¥25 million, or 9.4%. (Indonesia) Double-sided printed circuit boards remained firm for automotive-related applications, but orders for single-sided printed circuit boards for home appliances and office equipment declined. As a result, revenue was ¥1,040 million, including intersegment internal transactions, down ¥74 million, or 6.7%, from the same quarter of the previous year. The segment loss (operating loss) improved through rationalization and other measures, but was ¥4 million, a ¥23 million improvement year on year.」
Rationalization at overseas plants progressed, and Indonesia’s operating loss improved by ¥23 million from the same quarter of the previous year. However, consolidated earnings declined due to lower domestic orders. - FY2017-Q1WorsenedAnnual report
「On the earnings front, as a result of lower utilization at overseas plants and declining revenue accompanying weak domestic market conditions, operating income was ¥104 million, down ¥90 million, or 46.4%, from the same quarter of the previous year; ordinary income was ¥117 million, down ¥89 million, or 43.3%; and net income attributable to owners of the parent was ¥98 million, down ¥78 million, or 44.5%.」
Continued lower utilization at overseas plants, compounded by weak domestic market conditions, resulted in significant year-on-year declines in quarterly operating income, ordinary income and net income attributable to owners of the parent. - FY2016First statedAnnual report
「On the earnings front, as a result of lower utilization at overseas plants and higher procurement costs for imported products for resale, raw materials and other items due to the weaker yen, operating income was ¥517 million, down ¥398 million, or 43.5%, year on year, while ordinary income was ¥514 million, down ¥420 million, or 44.9%, year on year.」
Lower utilization and higher procurement costs were reflected as factors behind the declines in operating income and ordinary income for the period.