Opportunity losses due to delays in responding to increased production for domestic automotive-related customers
First written in FY2020-Q2. 1 of 4 entries say "Materialised", first in FY2020-Q3. Latest entry: FY2021.
2 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual reportThe description for the current consolidated fiscal year contains no direct reference to opportunity losses due to delays in responding to increased production for domestic automotive-related customers.
- FY2020WorsenedAnnual report
「The segment loss (operating loss) was ¥213 million, due to increased outsourcing costs resulting from delays in responding to increased production for the automotive-related sector, preparation costs for launching the Vietnamese subsidiary and other factors, a decline in profit of ¥224 million year on year.」
Higher outsourcing costs resulting from delays in responding to increased production for domestic automotive-related customers continued to affect full-year results, resulting in an operating loss of ¥213 million for the Japan segment. The impact of opportunity losses and response delays was confirmed to have expanded from the quarterly period to the full year. - FY2020-Q3MaterialisedAnnual report
「As a result, revenue was ¥7,687 million, including intersegment transactions, down 2.5% year on year, or ¥197 million, and the segment loss (operating loss) was ¥104 million, due to opportunity losses from delays in responding to increased production for the automotive-related sector, preparation costs for launching overseas subsidiaries and other factors, a decline in profit of ¥157 million year on year.」
While orders in the domestic automotive-related sector were strong, opportunity losses due to delays in responding to increased production were specifically cited as a factor behind the Japan segment’s operating loss of ¥104 million. - FY2020-Q2First statedAnnual report
「Opportunity losses and other effects due to delays in responding to increased production for the domestic automotive-related sector」
While orders in the domestic automotive-related sector were strong, delays in responding to increased production resulted in opportunity losses, which were cited as a factor in the decline in operating profit.