Strengthening Overseas Subsidiaries and Developing Asian Markets
First written in FY2016. 9 of 23 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2020: 4 of 24 companies on the "Worse" side.
2 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「In addition to strengthening and expanding the businesses in Asia, Europe and North America, the company will begin sales activities in India and Southeast Asia, expand the product range manufactured at its own plant in China, optimize and strategically operate its production bases, strengthen supply capacity, actively pursue technical and business alliances, and expand its business fields.」
In addition to strengthening and expanding the existing businesses in Asia, Europe and North America, the company has begun sales activities in India and Southeast Asia and expanded the scope of its overseas business initiatives to include expanding the product range manufactured at its own plant in China, optimizing its bases, and pursuing technical and business alliances. - FY2026-H1Overseas sales declined by regionAnnual report
「Sales by region were as follows. Region Sales (¥ million) Year-on-year (%) Japan 3,675 15.3 China 1,054 △10.2 Other Asia 739 △2.2 Europe 493 △36.5 North and Central America 127 △25.7 Total 6,089 0.4」
The policy of strengthening and expanding the overseas sales structure remains in place, but sales in China, other Asia, Europe and North and Central America declined year on year in the interim period. Sales in Japan increased 15.3%. - FY2025RaisedAnnual report
「In addition to strengthening and expanding the businesses in Asia, Europe and North America, the company will establish new sales channels in India and Southeast Asia, launch its own plant in China, optimize and strategically operate its production bases, strengthen cost reduction, delivery capabilities and supply capacity, actively pursue technical and business alliances, and expand its business fields.」
In addition to strengthening the existing sales structure in Asia, Europe and North America, the company has expanded the scope of its initiatives to include new sales channels in India and Southeast Asia, its own plant in China, and technical and business alliances. - FY2025-H1AdvancedAnnual report
「KEL Europe GmbH, which was an unconsolidated subsidiary in the previous consolidated fiscal year, has been included in the scope of consolidation from the current interim consolidated accounting period because its materiality has increased. Following the establishment of KEL USA, Inc. (an unconsolidated subsidiary) in April 2024, the company has one additional subsidiary among its affiliated companies.」
KEL Europe GmbH was included in the scope of consolidation because its materiality increased, and KEL USA, Inc. was established in April 2024. Overseas sales increased 20.7% year on year in China and 69.1% in Europe, while declining 5.9% in other Asia and 12.0% in North and Central America, with regional performance diverging. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 February 2024, the company resolved to establish a wholly owned US subsidiary in California, United States.」
The company resolved to establish wholly owned subsidiary KEL USA, Inc. (planned) in California to strengthen its US sales structure and expand its business in the US market. The planned capital is US$700,000, and the company is scheduled to be established in April 2024. The plan remains at the stage before completion of the establishment. - FY2024-Q3The decline in overseas sales widenedAnnual report
「An overview of sales in overseas markets is as follows. In the Asian market, sales to China were strong for automotive and medical equipment, but sales for industrial equipment declined, resulting in sales of ¥1,576 million, down 4.3% year on year. In contrast, orders for imaging and industrial equipment were sluggish in other Asian markets, and sales were ¥1,137 million, down 40.2%. In the European market, the company sells connectors and harness products mainly for automotive and imaging equipment, but sales were affected by continued production adjustments in some areas, falling to ¥698 million, down 4.7%. In the US market, including Central and South America, sales were mainly for industrial equipment and amounted to ¥279 million, down 25.9%. As a result, overseas sales totaled ¥3,691 million, down 20.8%.」
Sales declined year on year in China, other Asia, Europe and the US, and the decline in total overseas sales widened from 15.8% in the previous quarter to 20.8%. - FY2024-Q2Overall overseas sales declined, with regional performance divergingAnnual report
「In the Asian market, sales to China remained strong for industrial and medical equipment, resulting in sales of ¥973 million, up 1.5% year on year. In contrast, orders for imaging and industrial equipment were sluggish in other Asian markets, and sales were ¥802 million, down 33.0%. In the European market, the company sells connectors and harness products mainly for automotive and imaging equipment, but sales were affected by continued production adjustments in some areas, falling to ¥459 million, down 6.8%. In the US market, including Central and South America, sales were mainly for industrial equipment and amounted to ¥194 million, down 18.3%. As a result, overseas sales totaled ¥2,430 million, down 15.8%.」
Sales to China increased 1.5% year on year, while sales in other Asia, Europe and the US declined, resulting in a 15.8% decrease in total overseas sales. Regional performance diverged from the decline in all regions in the previous quarter. - FY2024-Q1Overseas sales declined in every regionAnnual report
「In the Asian market, sales of communications equipment remained strong, but sales of FA equipment and automotive equipment declined. Sales were ¥413 million in China, down 7.0% year on year, and ¥465 million in other Asia, down 28.1%. In the European market, the company sells connectors and harness products mainly for automotive and imaging equipment, but sales were affected by continued production adjustments in some areas, falling to ¥218 million, down 15.8%. In the US market, including Central and South America, sales were mainly for industrial equipment and amounted to ¥104 million, down 25.3%. As a result, overseas sales totaled ¥1,201 million, down 19.4%.」
In the regions targeted for strengthening the overseas sales structure, sales in China, other Asia, Europe and the US, including Central and South America, all declined year on year. Sales for communications equipment were strong, while sales for FA equipment and automotive equipment, among others, declined. - FY2023AdvancedAnnual report
「In the Asian market, sales remained strong, particularly for industrial equipment, communications equipment and automotive equipment. Sales were ¥2,025 million in China, up 19.1% year on year, and ¥2,354 million in other Asia, up 19.2%. In the European market, the company sells connectors and harness products mainly for automotive and imaging equipment, but sales fell to ¥951 million, down 19.4%, due to increased downside risk resulting from the energy situation and other factors. In the US market, including Central and South America, sales were mainly for industrial equipment and automotive equipment and amounted to ¥547 million, up 6.8%. As a result, overseas sales totaled ¥5,879 million, up 9.5%.」
Overseas sales increased 9.5% year on year, with increases in China, other Asia and the US. In contrast, sales in Europe fell 19.4% amid increased downside risk related to the energy situation and other factors, so overseas sales progressed with regional differences in performance. - FY2023-Q3AdvancedAnnual report
「An overview of sales in overseas markets is as follows. In the Asian market, sales remained strong, particularly for FA equipment and communications equipment. Sales were ¥1,647 million in China, up 29.5% year on year, and ¥1,901 million in other Asia, also up 29.5%. In the European market, the company sells connectors and harness products mainly for automotive and imaging equipment, but sales were affected by continued production adjustments resulting from customers' difficulty procuring components amid the COVID-19 pandemic, falling to ¥733 million, down 8.8%. In the US market, including Central and South America, sales were mainly for industrial equipment and amounted to ¥377 million, up 1.9%. As a result, overseas sales totaled ¥4,659 million, up 19.0%.」
Overseas sales increased 19.0% year on year. Sales increased in China, other Asia and the US, while sales in Europe declined due to the impact of production adjustments caused by difficulty procuring components, so overseas sales progressed with regional differences in performance. - FY2023-Q2AdvancedAnnual report
「An overview of sales in overseas markets is as follows. In the Asian market, sales remained strong, particularly for FA equipment and communications equipment. Sales were ¥958 million in China, up 20.5% year on year, and ¥1,197 million in other Asia, up 29.5%. In the European market, the company sells connectors and harness products mainly for automotive and imaging equipment, but sales were affected by continued production adjustments resulting from customers' difficulty procuring components amid the COVID-19 pandemic, falling to ¥493 million, down 21.0%. In the US market, including Central and South America, sales were mainly for industrial equipment and amounted to ¥238 million, down 5.2%. As a result, overseas sales totaled ¥2,887 million, up 11.3%.」
Sales in China and other Asia increased year on year, and total overseas sales rose 11.3%. In contrast, sales declined in Europe due to difficulty procuring components and in the US compared with the same period of the previous year, so overseas sales progressed with varying performance across regions. - FY2023-Q1AdvancedAnnual report
「In the Asian market, although some regions of China were affected by lockdowns, sales remained strong, particularly for FA equipment, communications equipment and automotive equipment. Sales were ¥444 million in China, up 32.5% year on year, and ¥646 million in other Asia, up 27.7%. In the European market, the company sells connectors and harness products mainly for automotive and imaging equipment, but sales were affected by continued production adjustments resulting from customers' difficulty procuring components amid the COVID-19 pandemic, falling to ¥259 million, down 25.6% year on year. In the US market, including Central and South America, sales were mainly for industrial equipment and amounted to ¥139 million, up 11.8%. As a result, overseas sales totaled ¥1,490 million, up 13.3%.」
As part of efforts to strengthen the overseas sales structure, sales in China, other Asia and the US, including Central and South America, increased year on year, and total overseas sales rose 13.3%. In contrast, sales in Europe fell 25.6% due to the impact of production adjustments caused by difficulty procuring components. - FY2022RestatedAnnual report
「Strengthen the sales structure in Europe, China and North America.」
The company continues to strengthen its sales structure in Europe, China and North America and expand its overseas business. There is no mention of establishing new overseas bases or similar initiatives. - FY2021RestatedAnnual report
「"Strengthen the sales structure in Europe, China and North America."」
The policy of strengthening the sales structure in Europe, China and North America and expanding the overseas business remains in place. - FY2020RestatedAnnual report
「"Strengthen the sales structure in Europe, China and North America."」
The policy of strengthening the overseas sales structure in Asia and Europe, with North America added, remains part of the operating policy for the 59th fiscal year. No new milestones, such as establishing additional overseas bases, are listed. - FY2019RaisedAnnual report
「"Strengthen the sales structure in Europe, China and North America."」
The target regions have been expanded from the previously covered Asian and European markets to strengthening the sales structure in 3 regions, including North America. - FY2018RestatedAnnual report
「Strengthen and expand overseas markets」
The policy of developing the Asian and European markets remains in place. As of the end of the fiscal year, KEL Europe GmbH in Germany and the Hong Kong subsidiary are listed as overseas sales support and sales bases. - FY2018-Q3RestatedAnnual report
「There were no changes at the Group's principal affiliated companies, but during the consolidated second-quarter accounting period, the company established 科陸電子（香港）有限公司, an unconsolidated subsidiary.」
The company again describes the establishment of the Hong Kong subsidiary, but the establishment itself was completed in the second quarter and does not represent new progress in this filing. - FY2018-Q2AdvancedAnnual report
「During the consolidated second-quarter accounting period, the company established 科陸電子（香港）有限公司, an unconsolidated subsidiary.」
As a specific milestone related to overseas market expansion, the company established an unconsolidated subsidiary in Hong Kong during the consolidated second-quarter accounting period. - FY2017RaisedAnnual report
「Strengthen and expand overseas markets by developing the Asian and European markets.」
In addition to the Asian market, the company explicitly identified the development of the European market. During the fiscal year, it established KEL Europe GmbH in Germany, and after filing the report, it also resolved to establish a wholly owned subsidiary in Hong Kong to serve as a global trading and logistics hub. - FY2016First statedAnnual report
「The company adopted as its policy for the current fiscal year the objective of strengthening the functions of its consolidated subsidiaries 科陸電子貿易（上海）有限公司 and 旺昌電子股份有限公司 and promoting the development of the Asian market.」
The company explicitly identified the use of its consolidated subsidiaries in Taiwan and China to develop the Asian market as a measure.