Expansion of products handled in overseas aftermarket parts markets
First written in FY2019-Q2. 9 of 14 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2025.
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- FY2025RaisedAnnual report
「The company will expand the coverage of existing products to large vehicles, construction machinery and other applications, and will continue launching new items in the market to expand sales by leveraging its brand strength.」
For aftermarket-parts sales expansion, the company specified that it would broaden the applications for existing products to large vehicles, construction machinery and other areas, while continuing to launch new items, thereby expanding its target scope. - FY2025-H1AdvancedAnnual report
「Bearing net sales were ¥7,785 million, up 5.7% year on year, due mainly to product-range expansion in overseas aftermarket parts markets.」
Measures to expand the product range in overseas aftermarket parts markets continued, and Bearings segment sales increased 5.7%. - FY2024-Q3AdvancedAnnual report
「Bearing net sales were ¥11,322 million, up 15.5% year on year, due mainly to product-range expansion in overseas aftermarket parts markets.」
Product-range expansion in overseas aftermarket parts markets continued, and bearing sales increased 15.5% year on year. - FY2024-Q2AdvancedAnnual report
「Bearing net sales were ¥7,367 million, up 17.3% year on year, due mainly to product-range expansion in overseas aftermarket parts markets.」
Product-range expansion in overseas aftermarket parts markets continued, and bearing sales increased 17.3% year on year. - FY2024-Q1AdvancedAnnual report
「Bearing net sales were ¥3,420 million, up 14.7% year on year, due mainly to product-range expansion in overseas aftermarket parts markets.」
Product-range expansion in overseas aftermarket parts markets continued, and bearing sales increased 14.7% year on year. - FY2023AdvancedAnnual report
「Revenue in the Bearings segment was ¥13,563 million, up 24.3%, owing mainly to the expansion of products handled, including hub bearings, in overseas aftermarket parts markets.」
The company expanded its range of products, including hubs and bearings, in overseas aftermarket parts markets, and bearing sales increased 24.3%. - FY2023-Q2AdvancedAnnual report
「At consolidated subsidiary GMB KOREA CORP., sales of electric water pumps increased, and the range of products handled in the overseas aftermarket expanded. As a result, revenue was ¥23,646 million, up 13.5% year on year, and segment profit was ¥538 million, up 38.5%.」
Product-range expansion in overseas aftermarket parts markets continued to drive higher sales and earnings in the Korea segment, with net sales up 13.5% year on year. - FY2023-Q1AdvancedAnnual report
「The Bearings segment's net sales were ¥2,982 million, up 28.2% year on year, due mainly to product-range expansion in overseas aftermarket parts markets.」
The product range was expanded in overseas aftermarket parts markets, resulting in a 28.2% year-on-year increase in Bearings segment net sales. - FY2022-Q3AdvancedAnnual report
「Sales increased at consolidated subsidiary GMB NORTH AMERICA INC. due to product-range expansion and other factors.」
The company stated that expanding its product range in the US aftermarket parts market led to higher sales. - FY2022-Q2AdvancedAnnual report
「Sales increased at consolidated subsidiary GMB NORTH AMERICA INC. due to product-range expansion and other factors.」
The company stated that expanding its product range in the US aftermarket parts market led to higher sales. - FY2020RestatedAnnual report
「In the aftermarket parts market, we will continue working to improve profitability while also expanding our product range and strengthening our quality assurance system.」
The company stated that it would continue strengthening its sales platform, including by expanding its product range in overseas aftermarket parts markets. - FY2019RestatedAnnual report
「The Bearings segment's net sales were ¥11,093 million, down 0.1% year on year, as the increase from expanding its product range in overseas aftermarket parts markets was offset by lower sales of tensioners, idlers and bearings in the US aftermarket parts market, among other factors.」
The Bearings segment was broadly flat, as continued product-range expansion in overseas aftermarket parts markets offset lower sales in the US. - FY2019-Q3RestatedAnnual report
「Although the Bearing segment saw lower sales of tensioners, idlers and bearings in the US aftermarket parts market, net sales amounted to ¥8,258 million, up 1.5%, due in part to the expansion of products handled in overseas aftermarket parts markets.」
The initiative to expand the products handled in overseas aftermarket parts markets continued to be reported. Despite lower sales in the United States, the Bearing segment reported a 1.5% year-on-year increase in revenue. - FY2019-Q2First statedAnnual report
「Although the Bearing segment saw lower sales of tensioners, idlers and bearings in the US aftermarket parts market, net sales amounted to ¥5,505 million, up 2.4%, due in part to the expansion of products handled in overseas aftermarket parts markets.」
The initiative to expand the products handled in overseas aftermarket parts markets was explicitly identified for the first time as a factor behind higher revenue in the Bearing segment, despite declining sales.