Komori
Nkk Switches (6943) · InitiativeRestated

Reducing Supply Risk Through Three-Site and Two-Site Production and Higher Inventory Levels

First written in FY2016. 15 of 26 entries say "Restated". Latest entry: 2026-11-12.

26entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017 – FY2018RestatedFY2021-Q3 – FY20242016: 320162017: 220172018: 120182019: 120192020: 220202021: 320212022: 420222023: 120232024: 120242025: 220252026: 62026
Same theme, other companies
Diversification of Global Production Hubs and Local Production for Local ConsumptionA theme 178 companies write about · 1 as a headwind · 188 as a tailwind

37 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 178 companies compared. The sentences above are computed from all 178.
Full recordFilings, disclosures and news, newest first
  1. 2026-11-12RestatedResults

    「Specifically, the Group is steadily advancing two priority themes: “Deepening penetration of specific markets” in fields such as broadcast audio equipment and special-purpose vehicles, and “Establishing an integrated production-and-sales supply platform” through which the Group works as one to achieve optimal delivery times.」

    生産・販売一体の供給基盤構築を計画Ⅱの重点テーマとして継続している。
  2. FY2027-H1RestatedAnnual report

    「Specifically, the Group is steadily advancing two priority themes: “Deepening penetration of specific markets” in fields such as broadcast audio equipment and special-purpose vehicles, and “Establishing an integrated production-and-sales supply platform” through which the Group works as one to achieve optimal delivery times.」

    The Group is continuing to develop its supply platform, including the previous dispersion of production sites and inventory-based responses, under Plan II’s “Establishing an integrated production-and-sales supply platform.”
  3. FY2026AdvancedAnnual report

    「To this end, we will proceed with introducing an optimal PSI (Production, Sales and Inventory) system through closer integration of production and sales.」

    The company is giving concrete form to its supply-risk reduction measures by moving from the previous approach of diversifying sites and increasing inventory to introducing an integrated production-and-sales PSI system.
  4. 2026-05-15RestatedRevisions to earnings forecasts

    「具体的には、放送音響機器や特殊車両等における「特定市場の深耕」と、グループ一体となって最適な納期を実現する「生販一体の供給基盤の構築」を重点テーマとし、これらの戦略を着実に推進しております。」

    「特定市場の深耕」と「生販一体の供給基盤の構築」を計画Ⅱの重点テーマとして継続している。
  5. FY2026-H1RestatedAnnual report

    「We have made “building an integrated production-and-sales supply platform” that creates delivery capacity across the group a key theme and have actively pursued related strategies by concentrating the full strength of the group.」

    The company continues its direction of reducing supply risks, including by diversifying production sites and maintaining inventory, through Plan II’s “building an integrated production-and-sales supply platform.”
  6. FY2025ReframedAnnual report

    「Under Medium-Term Management Plan II, the 3-year plan beginning in fiscal 2025, we will continue our efforts to ensure reliability and meet delivery deadlines while pursuing “enhancement of customer value” as the next step. We will make “deepening our focus on specific markets” and “building an integrated production-and-sales supply platform” our key themes and will concentrate the full strength of the group on executing related strategies.」

    The company is shifting its key theme from addressing supply risks mainly through production at 3 sites and increased inventory to building an integrated production-and-sales supply platform under Medium-Term Management Plan II.
  7. FY2024RestatedAnnual report

    「This enabled us to establish complementary functions among our factories, allowing us to fulfill our supply responsibilities even in the event of damage from a disaster or other incident.」

    The company continues its policy of fulfilling its supply responsibilities even in the event of a disaster, through production at 3 sites and complementary functions among its factories.
  8. FY2023-Q3Quarterly sales results updatedAnnual report

    「We have pursued proactive measures, including addressing the “specific markets” identified as one of the areas for strengthening group sales and increasing inventory levels in preparation for possible production restrictions resulting from a resurgence of COVID-19 infections, but our sales activities were affected by restrictions resulting from the lockdown in Shanghai in the first quarter. As a result, sales to external customers for the cumulative third quarter ended decreased 23.8% year on year on a local-currency basis, while sales including intergroup transactions increased 20.3% year on year to ¥4,716 million, including the impact of foreign exchange rates.」

    While continuing to increase inventory levels in Asia, sales to external customers decreased 23.8% year on year on a local-currency basis due to the impact of restrictions on sales activities resulting from the Shanghai lockdown.
  9. FY2023-Q2Quarterly sales results updatedAnnual report

    「We have pursued proactive measures, including addressing the “specific markets” identified as one of the areas for strengthening group sales and increasing inventory levels in preparation for possible production restrictions resulting from a resurgence of COVID-19 infections, but our sales activities were affected by restrictions resulting from the lockdown in Shanghai in the first quarter. As a result, sales to external customers for the cumulative second quarter ended decreased 22.1% year on year on a local-currency basis, while sales including intergroup transactions increased 32.8% year on year to ¥3,219 million, including the impact of foreign exchange rates.」

    While continuing to increase inventory levels in Asia, the company was affected by restrictions on sales activities resulting from the Shanghai lockdown in the first quarter, and sales to external customers decreased 22.1% year on year on a local-currency basis.
  10. FY2023-Q1RestatedAnnual report

    「We have pursued proactive measures, including addressing the “specific markets” identified as one of the areas for strengthening group sales and increasing inventory levels in preparation for possible production restrictions resulting from a resurgence of COVID-19 infections, but our sales activities were affected by restrictions resulting from the lockdown in Shanghai.」

    While continuing to increase inventory levels in preparation for production restrictions, the company also describes the impact of restrictions on sales activities resulting from the lockdown in Shanghai.
  11. FY2022RestatedAnnual report

    「We have pursued proactive measures, including increasing inventory levels in preparation for possible production restrictions resulting from a resurgence of COVID-19 infections.」

    The company continues to increase inventory levels in preparation for restrictions on production activities as an existing measure to reduce supply risks.
  12. FY2022-Q3RestatedAnnual report

    「We have pursued proactive measures, including increasing inventory levels in preparation for possible production restrictions resulting from a resurgence of COVID-19 infections.」

    The company continues to increase inventory levels in preparation for production restrictions resulting from a resurgence of infections as an existing measure to reduce supply risks.
  13. FY2022-Q2RestatedAnnual report

    「We have pursued proactive measures, including increasing inventory levels in preparation for possible production restrictions resulting from a resurgence of COVID-19 infections.」

    The company continues to increase inventory levels in preparation for restrictions on production activities as an existing measure to reduce supply risks.
  14. FY2021RestatedAnnual report

    「Against this backdrop, we have pursued proactive measures, including addressing the “specific markets” identified as one of the areas for strengthening group sales and increasing inventory levels in preparation for possible production restrictions resulting from a resurgence of COVID-19 infections.」

    The company continues to address supply risks by increasing inventory levels in Asia in preparation for production restrictions resulting from a resurgence of infections.
  15. FY2021-Q3RestatedAnnual report

    「Against this backdrop, we have pursued proactive measures, including addressing the “specific markets” identified as one of the areas for strengthening group sales and increasing inventory levels in preparation for possible production restrictions resulting from a resurgence of COVID-19 infections.」

    In preparation for production restrictions resulting from a resurgence of infections, the company is working to increase inventory levels in Asia. It continues existing measures to reduce supply risks by increasing inventory and diversifying production sites.
  16. FY2021-Q2AdvancedAnnual report

    「In addition, shipments were delayed due to the temporary suspension of overseas factories caused by the spread of COVID-19, but the delays have been largely resolved through efforts to increase production.」

    It states that shipment delays caused by the temporary suspension of overseas factories were largely resolved through efforts to increase production.
  17. FY2020AdvancedAnnual report

    「This was mainly due to 恩楷楷開関(東莞)有限公司, a newly established production subsidiary in China, commencing operations on 1 November 2019 after being established in April 2019.」

    The newly established production subsidiary in Dongguan, China began operations, giving concrete form to the diversified production sites and complementary structure in Japan, China and the Philippines.
  18. FY2019RestatedAnnual report

    「The Group conducts production activities in Japan, China and the Philippines. Currently, approximately 70% of the Group's total production is carried out overseas. This has enabled the plants to complement one another, allowing the Group to fulfill its supply responsibilities even in the event of a disaster or other disruption.」

    The Group continues its policy of fulfilling its supply responsibilities through production at three sites in Japan, China and the Philippines and the plants' complementary functions. The overseas production ratio is approximately 70%.
  19. FY2018AdvancedAnnual report

    「To diversify risks and fulfill its responsibility as a manufacturer to supply the market, the Group conducts production activities in Japan, China and the Philippines. Currently, approximately 60% of the Group's total production is carried out overseas. This has enabled the plants to complement one another, allowing the Group to fulfill its supply responsibilities even in the event of a disaster or other disruption.」

    The company states that production at three sites in Japan, China and the Philippines, together with the plants' complementary functions, has created a structure capable of fulfilling its supply responsibilities even in the event of a disaster.
  20. FY2017AdvancedAnnual report

    「The Group established a new production site in the Philippines and has arranged its production structure so that production at each site, including Japan, accounts for approximately 1/3. In addition, most products are supported by a two-site production structure for emergencies, and inventories have been increased to minimize production-related risks.」

    The Group continues to state its diversification policy of producing approximately 1/3 each in Japan, China and the Philippines, along with two-site production and increased inventories. The measures have taken concrete shape with the full-scale operation of the Mactan plant.
  21. FY2017-Q3RestatedAnnual report

    「In production, the Mactan plant in the Philippines, which is to be the third production site, began full-scale operation in the current fiscal year,」

    The Group continues to describe the full-scale operation of the Mactan plant as a measure to reduce supply risks through production-site diversification.
  22. FY2017-Q2RestatedAnnual report

    「In production, the Mactan plant in the Philippines, which is to be the third production site, entered full-scale operation,」

    The Group continues to describe the full-scale operation of the Mactan plant as part of its production-site diversification measures, including the Philippines.
  23. FY2017-Q1AdvancedAnnual report

    「The Mactan plant in the Philippines, for which preparations had been under way, began full-scale operations」

    The diversification of production sites, including the Philippines, has advanced concretely with the full-scale operation of the Mactan plant.
  24. FY2016First statedAnnual report

    「To avoid this problem, the Group established a new production site in the Philippines and has arranged its production structure so that production at each site, including Japan, accounts for approximately 1/3. In addition, most products are supported by a two-site production structure for emergencies, and inventories have been increased to minimize production-related risks.」

    The response combines production volumes of approximately 1/3 each in Japan, China and the Philippines with two-site production for major product lines and increased inventories.
Moved together

"Strengthening Global Competitiveness through Production Structure Reform" moved the same way as this thread, in the same document, in 6 of its 26 moves.

633333★123456
  1. ★This thread
  2. 1Strengthening Global Competitiveness through Production Structure Reform6×
  3. 2Launching High-Value-Added Products Through R&D and Product Strategy3×
  4. 3Foreign Exchange Rate Fluctuation Risk3×
  5. 4Continuation of Stable Dividends3×
  6. 5Development of Specific Markets3×
  7. 6The Mactan Plant in the Philippines as the Third Production Site3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Nkk Switches yet. It last moved in the Results of 2026-11-12: "Restated".
News
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