Establishment of GMB AUTOMOTIVE INDIACHENNAI PVT LTD and preparations for operations at the India site
First written in FY2025-H1. 7 of 8 entries say "Advanced", first in FY2025. Latest entry: 2026-11-13.
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- FY2026AdvancedAnnual report
「At the new site established in the previous consolidated fiscal year, related expenses were incurred ahead of full-scale operations, among other factors, resulting in revenue of ¥375 million, compared with ¥23 million in the previous fiscal year, and a segment loss of ¥141 million, compared with a loss of ¥71 million in the previous fiscal year.」
The India site remained before full-scale operations, while revenue increased from ¥23 million to ¥375 million. Meanwhile, related expenses incurred ahead of operations caused the loss to widen from ¥71 million to ¥141 million. - FY2026-H1AdvancedAnnual report
「At the new site established in the previous consolidated fiscal year, related expenses were incurred ahead of full-scale operations, among other factors, resulting in revenue of ¥179 million and a segment loss of ¥66 million, compared with a loss of ¥7 million in the same interim period of the previous year.」
Although the India site had not yet commenced full-scale operations, it generated revenue of ¥179 million, compared with no revenue recorded in the same period of the previous year. Related expenses incurred ahead of operations resulted in a loss of ¥66 million. - FY2025AdvancedAnnual report
「As the subsidiary had not yet commenced full-scale operations and related expenses had been incurred ahead of revenue generation, among other factors, it recorded revenue of ¥23 million and a segment loss of ¥71 million.」
The India site progressed from the operations preparation stage to recording sales for the fiscal year, generating revenue of ¥23 million. Meanwhile, related expenses incurred before full-scale operations resulted in a segment loss of ¥71 million. - FY2025-H1First statedAnnual report
「During the current interim consolidated accounting period, GMB AUTOMOTIVE INDIACHENNAI PVT LTD was newly established and included in the scope of consolidation. Accordingly, “India” was added as a new reporting segment. As the subsidiary was preparing to commence operations, it recorded a segment loss of ¥7 million due to related expenses.」
During the current interim consolidated accounting period from April to September 2024, an Indian subsidiary was newly established and consolidated, and the “India” reporting segment was added. As it was preparing to commence operations, it recorded a segment loss of ¥7 million due to related expenses.