Strengthening production of double-sided printed wiring boards at a Vietnamese manufacturing subsidiary and establishing a global supply network
First written in FY2019-Q2. 15 of 27 entries say "Advanced", first in FY2019. Latest entry: 2026-11-13.
Kyosha moved to the "Worse" side of this theme in 2025.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「(Vietnam) In the printed wiring board business, the consumer electronics sector expanded due to new orders for air conditioners for India, but revenue was ¥3,909 million, including intersegment transactions, down 9.0% year on year, a decrease of ¥387 million, as orders in the automotive-related sector serving ASEAN and North America declined. Segment profit (operating profit) was ¥118 million, down 57.7% year on year, a decrease of ¥161 million, due to the impact of lower revenue.」
At the Vietnamese operation, which had continued to post higher revenue and profit, increased revenue in the consumer electronics sector from new orders for air conditioners for India was offset by lower automotive-related orders for ASEAN and North America, resulting in lower revenue and profit. - FY2026-H1WorsenedAnnual report
「(Vietnam) In the printed wiring board business, revenue was ¥1,990 million, including intersegment transactions, down 11.0% year on year, a decrease of ¥245 million, as orders in the automotive-related sector serving ASEAN and North America declined. Segment profit (operating profit) was ¥41 million, down 79.0% year on year, a decrease of ¥158 million, due to the impact of lower revenue.」
At the Vietnamese operation, which had continued to post higher revenue and profit, revenue declined due to lower automotive-related orders for ASEAN and North America, and operating profit also decreased substantially. - FY2025-H1AdvancedAnnual report
「(Vietnam) In the printed wiring board business, orders in the automotive-related sector serving North America remained strong. Revenue was ¥2,236 million, including intersegment transactions, up 27.8% year on year, an increase of ¥486 million, while segment profit (operating profit) was ¥200 million as a result of higher revenue, up 44.7% year on year, an increase of ¥61 million.」
The Vietnamese operation recorded revenue of ¥2,236 million and operating profit of ¥200 million during the current interim period, driven by increased automotive-related orders for North America against the backdrop of production transfers from China, and continued to ramp up production and contribute to earnings. - FY2024AdvancedAnnual report
「(Vietnam) In the printed wiring board business, orders for the automotive-related sector serving North America, to which production had been transferred from China following the reorganisation of the supply chain, increased substantially. Revenue was ¥3,844 million, including intersegment transactions, up 78.7% year on year, an increase of ¥1,693 million, while segment profit (operating profit) was ¥269 million as a result of higher revenue, an increase of ¥448 million year on year.」
The Vietnamese operation progressed from the production ramp-up stage to making a full-year contribution to earnings, recording revenue of ¥3,844 million and operating profit of ¥269 million through the transfer of production from China and automotive-related orders for North America. - FY2024-Q3AdvancedAnnual report
「(Vietnam) In the printed wiring board business, orders for the automotive-related sector serving North America, to which production had been transferred from China following the reorganisation of the supply chain, increased substantially. Revenue was ¥2,775 million, including intersegment transactions, up 95.3% year on year, an increase of ¥1,354 million, while segment profit (operating profit) was ¥178 million as a result of higher revenue, an increase of ¥346 million year on year.」
The Vietnamese operation recorded revenue of ¥2,775 million, up 95.3% year on year, due to the transfer of production from China and increased automotive demand in North America, and posted segment profit of ¥178 million. - FY2024-Q2AdvancedAnnual report
「(Vietnam) In the printed wiring board business, orders increased substantially due to strong demand in the automotive-related sector and the transfer of production from China following the reorganisation of the supply chain. Revenue was ¥1,749 million, including intersegment transactions, up 112.4% year on year, an increase of ¥925 million, while segment profit (operating profit) was ¥138 million as a result of higher revenue, an increase of ¥273 million year on year.」
The Vietnamese operation recorded revenue of ¥1,749 million, up 112.4% year on year, due to the transfer of production from China and increased automotive-related demand, and posted segment profit of ¥138 million. - FY2024-Q1AdvancedAnnual report
「(Vietnam) In the printed wiring board business, orders increased substantially due to strong demand in the automotive-related sector and the transfer of production from China following the reorganisation of the supply chain. Revenue was ¥749 million, including intersegment transactions, up 135.0% year on year, an increase of ¥430 million, while the segment profit (operating profit) was ¥74 million, the first quarterly profit, due to higher revenue, an increase of ¥153 million year on year.」
The Vietnamese operation recorded revenue of ¥749 million, up 135.0% year on year, due to the transfer of production from China and increased automotive-related demand, and posted its first quarterly operating profit of ¥74 million. - FY2023AdvancedAnnual report
「The company aims to achieve further expansion through the growth of its Vietnamese operation, which will begin increasing production from the next fiscal year.」
The Vietnamese operation progressed from commencing operations and sales in the previous fiscal year to the production ramp-up stage, recording revenue of ¥2,151 million for the current fiscal year, up 265.7% year on year, and improving its operating loss to ¥178 million. - FY2023-Q3AdvancedAnnual report
「(Vietnam) In the printed wiring board business, revenue was ¥1,420 million, including intersegment transactions, up 421.0% year on year, an increase of ¥1,148 million, due to the development of new customers, primarily in the automotive-related sector. The segment loss (operating loss) decreased as a result of higher revenue, to ¥167 million, a decrease of ¥155 million year on year.」
The Vietnamese operation recorded revenue of ¥1,420 million through the development of new customers, primarily in the automotive-related sector, up 421.0% year on year. Its operating loss also decreased by ¥155 million from the same quarter of the previous year, indicating progress in the start-up. - FY2023-Q2AdvancedAnnual report
「(Vietnam) In the printed wiring board business, revenue was ¥823 million, including intersegment transactions, up 702.8% year on year, an increase of ¥721 million, due to the development of new customers, primarily in the automotive-related sector. The segment loss (operating loss) decreased due to the increase in orders, to ¥134 million, a decrease of ¥107 million year on year.」
The Vietnamese operation recorded revenue of ¥823 million through the development of new customers, primarily in the automotive-related sector, up 702.8% year on year. Its operating loss also decreased by ¥107 million from the same quarter of the previous year. - FY2023-Q1AdvancedAnnual report
「(Vietnam) In the printed wiring board business, revenue was ¥318 million, including intersegment transactions, up 784.9% year on year, an increase of ¥282 million, due to the development of new customers, primarily in the automotive-related sector. The segment loss (operating loss) decreased due to the increase in orders, to ¥79 million, a decrease of ¥61 million year on year.」
The Vietnamese operation recorded revenue of ¥318 million through the development of new customers, primarily in the automotive-related sector, and its operating loss decreased by ¥61 million from the same quarter of the previous year. - FY2022-Q3AdvancedAnnual report
「(Vietnam) In the printed wiring board business, sales began in the current fiscal year, and revenue was ¥272 million, including intersegment transactions, an increase of ¥272 million year on year, due to orders primarily in the automotive-related sector. The segment loss (operating loss) was ¥323 million, a decrease in profit of ¥205 million year on year, due to increased costs, including depreciation, associated with the start of production.」
The Vietnamese subsidiary expanded revenue after the start of sales and recorded revenue of ¥272 million for the nine months ended the third quarter. Meanwhile, depreciation and other costs associated with the start of production resulted in an operating loss of ¥323 million. - FY2022-Q2AdvancedAnnual report
「(Vietnam) In the printed wiring board business, sales began in the current fiscal year, and revenue was ¥102 million, including intersegment transactions, an increase of ¥102 million year on year, due to orders primarily in the automotive-related sector. The segment loss (operating loss) was ¥241 million, a decrease in profit of ¥174 million year on year, due to increased costs associated with the start of production.」
The Vietnamese subsidiary expanded revenue from the start of sales in the previous quarter and recorded revenue of ¥102 million for the six months ended the second quarter. Meanwhile, increased costs associated with the start of production resulted in an operating loss of ¥241 million. - FY2022-Q1AdvancedAnnual report
「(Vietnam) In the printed wiring board business, sales began in the current fiscal year, and revenue was ¥36 million, including intersegment transactions, an increase of ¥36 million year on year, due to orders primarily in the automotive-related sector. The segment loss (operating loss) was ¥140 million, a decrease in profit of ¥113 million year on year, due to increased costs associated with the start of production.」
The Vietnamese subsidiary progressed from the preparation stage to the start-of-sales stage and recorded revenue of ¥36 million, primarily from the automotive-related sector. Meanwhile, it posted an operating loss of ¥140 million due to increased costs associated with the start of production. - FY2021AdvancedAnnual report
「As the Vietnamese subsidiary had established its production system from the current consolidated fiscal year, it was classified as a reportable segment. No revenue was recorded, and the segment loss (operating loss) was ¥244 million due to costs incurred in preparing to begin production.」
The Vietnamese subsidiary progressed from the preparation stage to the stage of having an established production system and became a separate reportable segment. No revenue had yet been recorded, and it posted an operating loss of ¥244 million due to costs incurred in preparing to begin production. - FY2021-Q3RestatedAnnual report
「(Japan) The printed wiring board business was showing signs of recovery in orders from the automotive-related and consumer electronics sectors from the latter half of the second quarter. However, as a result of the impact of the sluggish start to the fiscal year and weak orders in the assembly-related business, revenue was ¥6,659 million, including intersegment transactions, down 13.4% year on year, a decrease of ¥1,028 million, while the segment loss (operating loss) was ¥230 million, a decrease in profit of ¥125 million year on year, due in part to costs incurred in preparing the Vietnamese subsidiary to begin production.」
Preparations for the Vietnamese subsidiary to begin production continued, and the related costs were identified as a factor behind the Japan segment's operating loss. - FY2021-Q1RestatedAnnual report
「We have decided to accept an equity investment from NBC Co., Ltd. in Kyosha Vietnam Co.,Ltd., a consolidated subsidiary wholly owned by us, and have agreed to enter into a capital and business alliance in the Vietnam business. Kyosha Vietnam Co.,Ltd. is referred to below as "Kyosha Vietnam," and NBC Co., Ltd. as "NBC."」
The company reaffirmed its agreement for NBC to acquire an equity interest in the Vietnamese subsidiary. The interest after the investment was stated as 6.7%, with the transfer scheduled for 1 July 2020. - FY2020AdvancedAnnual report
「Major capital expenditures consisted of upgrades to printed wiring board production-line equipment at the Kyoto, Kyushu and Niigata plants to improve production efficiency, and construction of a new factory building at the Vietnam plant, for a total investment of ¥1,107 million.」
The Vietnam plant progressed from preparing to commence operations to planning a new factory building and production line, with early mass production identified as a key priority for the next fiscal year. The year-end capital expenditure plan included ¥1,580 million for the Vietnamese production line. - FY2020-Q3RestatedAnnual report
「On the earnings front, operating profit was ¥68 million, down 84.1% year on year, a decrease of ¥361 million, due to a substantial decline in revenue resulting from the impact of U.S.-China trade friction, opportunity losses caused by delays in responding to increased production for Japan's automotive-related sectors, and preparation costs for overseas subsidiaries.」
Preparations for the launch of overseas subsidiaries, including the Vietnamese subsidiary, continued, and the related preparation costs were identified as factors depressing operating profit. - FY2020-Q2RestatedAnnual report
「On the earnings front, operating profit was ¥54 million, down 72.3% year on year, a decrease of ¥141 million, due to a substantial decline in revenue resulting from the impact of U.S.-China trade friction, preparation costs for overseas subsidiaries and opportunity losses caused by delays in responding to increased production for Japan's automotive-related sectors.」
Preparations for the launch of overseas subsidiaries, including the Vietnamese subsidiary, continued, and the related preparation costs were identified as factors depressing operating profit. - FY2020-Q1RestatedAnnual report
「On the earnings front, operating profit was ¥2 million, down 97.1% year on year, a decrease of ¥80 million, due to lower revenue resulting from customers' inventory adjustments in Japan and overseas that had continued since the end of the previous fiscal year, as well as preparations and related costs for the launch of overseas subsidiaries.」
Preparations for the launch of overseas subsidiaries, including the Vietnamese subsidiary, continued, and the related preparation costs were identified as factors depressing operating profit. - FY2019AdvancedAnnual report
「Established in January 2019 and preparing to commence operations, it was not included in the diagram showing the group's corporate structure.」
The company established a Vietnamese manufacturing subsidiary in January 2019 and included it in the scope of consolidation as a manufacturing and sales company. As of the filing date, it was preparing to commence operations and had not yet started production. - FY2019-Q2First statedAnnual report
「The company decided to establish a manufacturing subsidiary in Vietnam to strengthen its production capacity for double-sided printed wiring boards, for which demand is expected to increase, and to establish a global supply network for high-quality products. ① Name Kyosha Vietnam Co., Ltd. (planned) ② Location: Ha Nam Province, Socialist Republic of Vietnam ④ Business: Manufacture and sale of printed wiring boards ⑤ Capital US$15,000,000 (approximately ¥1.65 billion) (planned) ⑥ Date of establishment: January 2019 (planned) ⑦ Ownership interest: Company 100%」
At a meeting of the Board of Directors held on 31 October 2018, the company decided to establish a company in Ha Nam Province, Vietnam, for the manufacture and sale of printed wiring boards. Capital was planned at US$15 million (approximately ¥1.65 billion), establishment in January 2019, and the company's ownership interest at 100%.