Contents of this document
- Termination of the wire harness business in China
- Closure of the Zhejiang plant
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| New initiatives | Termination of the wire harness business in China, Closure of the Zhejiang plant |
Items this document does not state (28)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In China, the Company cited the termination and withdrawal from its wire harness business, a decline in electronic control boards for washing machines, and decreases in battery chargers and electronic control units for automotive electrical components. In India, it cited higher expenses, including labor and consumables, associated with new production launches, as well as an increase in electronic control boards for automotive electrical components. In Japan, it cited a decline in communications switch units and higher raw material and labor costs.