Growth in Asia and North America driven by the start-up of new overseas plants
First written in FY2016. 2 of 37 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Revenue declined in all regions; Japan posted higher profit, Asia lower profit, and North America and other regions moved into a loss.Annual report
「(Japan) Net sales, excluding intersegment sales, were ¥59,233 million, down 3.9% from the previous consolidated fiscal year, due to lower customer production and sales volumes. Segment profit was ¥1,791 million, up 15.2%, due to progress in cost-reduction initiatives despite the impact of lower sales. (Asia) Net sales, excluding intersegment sales, were ¥6,507 million, down 24.0%, due to lower production and sales volumes at Japanese manufacturers. Segment profit was ¥177 million, down 75.3%, due mainly to the impact of lower sales. (North America and other) Net sales, excluding intersegment sales, were ¥7,461 million, down 16.5%, due to lower customer production and sales volumes. The segment loss was ¥381 million, compared with segment profit of ¥29 million in the previous consolidated fiscal year, mainly due to the impact of lower sales.」
Amid lower revenue across all regions, Japan increased profit through cost reductions, Asia saw a substantial decline in profit, and North America and other regions swung from profit to a loss. The divergence in regional performance continued. - FY2026-H1Lower revenue across all regions; Japan increases profit, Asia sees lower profit, and North America sees a wider lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥27,553 million, down 4.6% year on year, due to lower customer production and sales volumes. Segment profit was ¥227 million, up 25.3% year on year, due to progress in cost-reduction initiatives despite the impact of lower sales. (Asia) Net sales, excluding intersegment sales, were ¥3,042 million, down 35.3% year on year, due to lower production and sales volumes at Japanese manufacturers in China. Segment profit was ¥116 million, down 66.3% year on year, due mainly to the impact of lower sales. (North America and other) Net sales, excluding intersegment sales, were ¥3,545 million, down 32.8% year on year, due to lower customer production and sales volumes. The segment loss was ¥138 million, compared with a segment loss of ¥54 million in the previous year, due to lower sales at the US subsidiary and the impact of tariffs.」
Revenue declined across all regions, while Japan increased profit through cost-reduction initiatives. Asia saw lower revenue and profit, and North America and other regions saw lower revenue and a wider loss. The divergence in regional performance continued. - FY2025Lower revenue across all regions; Asia increases profit and North America and other regions return to profitabilityAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥61,618 million, down 1.9% from the previous consolidated fiscal year, due to lower customer production and sales volumes. Segment profit was ¥1,554 million, down 24.7%, due to the impact of lower sales. (Asia) Net sales, excluding intersegment sales, were ¥8,558 million, down 7.9%, due to lower customer production and sales volumes. Segment profit was ¥715 million, up 10.7%, due to progress in rationalisation initiatives. (North America and other) Net sales, excluding intersegment sales, were ¥8,937 million, down 8.5%, due to lower customer production and sales volumes. Segment profit was ¥29 million, compared with a segment loss of ¥647 million in the previous consolidated fiscal year, due to improvements at the UK subsidiary and other factors.」
Japan saw lower revenue and profit, while Asia saw lower revenue but higher profit. North America and other regions saw lower revenue but swung from a loss to a profit, and the divergence in regional performance continued. - FY2025-H1Japan lower revenue and profit; Asia higher profit; North America and other regions narrow their lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥28,885 million, down 2.6% year on year, due to lower customer production and sales volumes. Segment profit was ¥181 million, down 58.9% year on year, due to the impact of lower sales. (Asia) Net sales, excluding intersegment sales, were ¥4,703 million, up 1.7% year on year, due to higher customer production and sales volumes. Segment profit was ¥346 million, up 93.6% year on year, due to higher sales and progress in rationalisation initiatives. (North America and other) Net sales, excluding intersegment sales, were ¥5,275 million, up 25.5% year on year, due to higher customer production and sales volumes. The segment loss narrowed to ¥54 million, compared with a segment loss of ¥576 million in the previous year, due to higher sales and improvements at the UK subsidiary.」
By region, Japan saw lower revenue and profit, while Asia increased revenue and profit, and North America and other regions increased revenue and narrowed their loss. The divergence in regional performance continued. - FY2024Japan increases profit; Asia sees lower profit; North America and other regions narrow their lossAnnual report
「(Japan) Segment profit was ¥2,065 million, up 217.1% from the previous consolidated fiscal year, due mainly to higher sales and the effects of structural reforms. (Asia) Segment profit was ¥646 million, down 13.3%, due to lower sales and higher raw-material costs. (North America and other) The segment loss narrowed to ¥647 million, compared with a segment loss of ¥1,663 million in the previous consolidated fiscal year, as the benefit of higher sales outweighed the impact of higher raw-material and energy costs.」
By region, Japan saw a substantial increase in profit, Asia saw lower profit, and North America and other regions narrowed their loss. The divergence in regional performance continued. - FY2024-Q3Japan returns to profitability; Asia sees lower revenue and profit; North America and other regions narrow their lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥45,505 million, up 17.1% year on year, as customer production and sales volumes recovered. Segment profit was ¥834 million, compared with a segment loss of ¥404 million in the previous year, as higher sales and the benefits of cost-reduction initiatives resulted in a return to profitability. (Asia) Net sales, excluding intersegment sales, were ¥7,053 million, down 21.6% year on year, due to lower production and sales volumes at Japanese manufacturers in China. Segment profit was ¥376 million, down 52.4% year on year, due to lower sales and higher raw-material costs. (North America and other) Net sales, excluding intersegment sales, were ¥6,698 million, up 30.6% year on year, as customer production and sales volumes recovered. The segment loss narrowed to ¥792 million, compared with a segment loss of ¥1,422 million in the previous year, as the benefit of higher sales outweighed the impact of higher raw-material and energy costs.」
Japan increased revenue and returned to profitability, while North America and other regions increased revenue and narrowed their loss. Asia saw lower revenue and profit due to lower production and sales volumes at Japanese manufacturers in China. The divergence in regional performance continued. - FY2024-Q2Japan and North America and other regions improve, while Asia sees lower revenue and profitAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥29,645 million, up 19.9% year on year, as customer production and sales volumes recovered. Segment profit was ¥441 million, compared with a segment loss of ¥272 million in the previous year, as higher sales and the benefits of cost-reduction initiatives resulted in a return to profitability. (Asia) Net sales, excluding intersegment sales, were ¥4,623 million, down 21.8% year on year, due to lower production and sales volumes at Japanese manufacturers in China. Segment profit was ¥178 million, down 67.6% year on year, due to lower sales and higher raw-material costs. (North America and other) Net sales, excluding intersegment sales, were ¥4,204 million, up 32.0% year on year, as customer production and sales volumes recovered. The segment loss narrowed to ¥576 million, compared with a segment loss of ¥975 million in the previous year, as the benefit of higher sales outweighed the impact of higher raw-material and energy costs.」
By region, Japan increased revenue and returned to profitability, while North America and other regions increased revenue and narrowed their loss. Asia saw lower revenue and a substantial decline in profit due to lower production and sales volumes at Japanese manufacturers in China. - FY2024-Q1Japan and North America and other regions improve, while Asia sees lower revenue and profitAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥13,705 million, up 26.7% year on year, as customer production and sales volumes recovered. The segment loss narrowed to ¥169 million, compared with a segment loss of ¥480 million in the previous year, as the benefit of higher sales outweighed the impact of higher raw-material and energy costs and a lower sales mix of high-value-added products. (Asia) Net sales, excluding intersegment sales, were ¥2,686 million, down 15.2% year on year, due to lower production and sales volumes at Japanese manufacturers in China. Segment profit was ¥160 million, down 52.9% year on year, due to lower sales and higher raw-material costs. (North America and other) Net sales, excluding intersegment sales, were ¥2,060 million, up 28.2% year on year, as customer production and sales volumes recovered. The segment loss narrowed to ¥336 million, compared with a segment loss of ¥542 million in the previous year, as the benefit of higher sales outweighed the impact of higher raw-material and energy costs.」
Japan and North America and other regions increased revenue as customers' production and sales recovered, and their segment losses narrowed. Asia, however, saw lower revenue and profit due to lower production and sales volumes at Japanese manufacturers in China. The divergence in regional performance continued. - FY2023Japan and Asia see lower profit, while North America and other regions narrow their lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥56,325 million, up 5.4% from the previous consolidated fiscal year. Segment profit fell 69.4% to ¥651 million due to higher raw-material and energy prices, higher temporary labour costs, losses associated with new-vehicle launches, and inefficiencies caused by an uneven sales mix that placed a heavy load on specific production lines. (Asia) Net sales, excluding intersegment sales, were ¥10,600 million, down 0.9% from the previous consolidated fiscal year due to lower customer production and sales volumes. Segment profit fell 35.1% to ¥745 million due to lower sales and higher raw-material and energy prices. (North America and other) Net sales, excluding intersegment sales, were ¥7,176 million, up 43.7% from the previous consolidated fiscal year, supported by a recovery in production volumes and foreign-exchange effects from the weaker yen. The segment loss was ¥1,663 million, compared with a segment loss of ¥1,865 million in the previous consolidated fiscal year, due to higher raw-material prices and temporary costs related to structural reforms at the UK subsidiary.」
Japan increased revenue but saw a substantial decline in profit, Asia saw lower revenue and profit, and North America and other regions increased revenue while narrowing their loss. The divergence in regional performance continued. - FY2023-Q3Japan swings into the red; Asia increases revenue and profit; North America and other regions increase revenue and slightly narrow their lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥38,854 million, up 1.5% year on year. The segment loss was ¥404 million, compared with segment profit of ¥992 million in the previous year, due to higher raw-material and energy prices, higher temporary labour costs, continuing losses associated with some new-vehicle launches, and inefficiencies caused by an uneven sales mix that placed a heavy load on specific production lines. (Asia) Net sales, excluding intersegment sales, were ¥9,000 million, up 20.1% year on year, supported by new-vehicle launches and foreign-exchange effects from the weaker yen. Segment profit was ¥790 million, up 5.8% year on year, despite the impact of higher raw-material and energy prices and losses associated with lower production of the main vehicle models supplied in China. (North America and other) Net sales, excluding intersegment sales, were ¥5,129 million, up 44.8% year on year, supported by a recovery in production volumes and foreign-exchange effects from the weaker yen. The segment loss was ¥1,422 million, compared with a segment loss of ¥1,439 million in the previous year, due to higher raw-material prices and temporary costs related to structural reforms.」
Japan increased revenue but swung from a ¥992 million profit in the previous year to a ¥404 million loss. Asia increased revenue and profit, while North America and other regions increased revenue and slightly narrowed their loss to ¥1,422 million. The divergence in regional performance continued. - FY2023-Q2Japan remains loss-making on lower revenue; Asia increases revenue and profit; North America and other regions increase revenue but see a wider lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥24,730 million, down 4.3% year on year, due to the impact of customer production adjustments caused by the prolonged semiconductor supply shortage. The segment loss was ¥272 million, compared with segment profit of ¥969 million in the previous year, due to lower sales, higher raw-material and energy costs, higher costs of imported products caused by foreign-exchange movements, and losses associated with new-vehicle launches. (Asia) Net sales, excluding intersegment sales, were ¥5,914 million, up 17.0% year on year, supported by the launch of new vehicle models and foreign-exchange effects from the weaker yen, despite the impact of the Shanghai lockdown. Segment profit was ¥552 million, up 4.3% year on year, as higher sales offset the impact of higher raw-material prices. (North America and other) Net sales, excluding intersegment sales, were ¥3,184 million, up 35.4% year on year. Although customer production adjustments were affected by the prolonged semiconductor supply shortage, the business recovered from the impact of COVID-19 in the previous year and benefited from foreign-exchange effects from the weaker yen. The segment loss was ¥975 million, compared with a segment loss of ¥902 million in the previous year, due to sharp fluctuations in customer production at the UK subsidiary associated with Russia's invasion of Ukraine, higher raw-material prices, and temporary costs related to structural reforms.」
Japan saw lower revenue and swung from a ¥969 million profit in the previous year to a ¥272 million loss. Asia increased revenue and profit, while North America and other regions increased revenue but saw their loss widen to ¥975 million. The divergence in regional performance continued. - FY2023-Q1Japan swings into the red on lower revenue; Asia increases revenue and profit; North America and other regions increase revenue but see a wider lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥10,817 million, down 15.1% year on year, due to the impact of customer production adjustments caused by the prolonged semiconductor supply shortage. The segment loss was ¥480 million, compared with segment profit of ¥483 million in the previous year, due to lower sales and higher raw-material prices. (Asia) Net sales, excluding intersegment sales, were ¥3,167 million, up 24.6% year on year, as customer production volumes remained solid. Segment profit was ¥340 million, up 2.0% year on year, as higher sales offset the impact of higher raw-material and energy costs. (North America and other) Net sales, excluding intersegment sales, were ¥1,607 million, up 9.1% year on year, as the business recovered from the impact of COVID-19 in the previous year despite the prolonged semiconductor shortage. The segment loss was ¥542 million, compared with a segment loss of ¥223 million in the previous year, due mainly to sharp fluctuations in customer production at the UK subsidiary associated with Russia's invasion of Ukraine and higher raw-material prices.」
Japan swung from profit in the previous year to a loss due to lower revenue caused by semiconductor shortages. Asia increased revenue and profit, while North America and other regions saw a wider loss despite higher revenue due to the impact on the UK subsidiary and other factors. The divergence in regional performance continued. - FY2022Japan lower revenue and profit; Asia higher revenue and profit; North America and other regions higher revenue but a wider lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥53,430 million, down 4.2% from the previous consolidated fiscal year. Segment profit was ¥2,128 million, down 9.3%. (Asia) Net sales were ¥10,697 million, up 10.4%, and segment profit was ¥1,149 million, up 3.2%. (North America and other) Net sales were ¥4,994 million, up 14.6%, and the segment loss was ¥1,865 million.」
Japan saw lower revenue and profit due to semiconductor shortages and higher raw-material prices. Asia increased revenue and profit as it recovered, while North America and other regions saw a wider loss despite higher revenue due to costs related to the UK business and other factors. - FY2022-Q3Japan lower revenue, higher profit; Asia higher revenue and profit; North America and other regions see a wider lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥38,294 million, down 1.9% year on year, due mainly to the prolonged impact of semiconductor supply shortages. Segment profit was ¥992 million, up 47.9% year on year, as the impact of lower profit from decreased sales was offset by manufacturing cost-reduction initiatives and expense cuts. (Asia) Net sales, excluding intersegment sales, were ¥7,496 million, up 16.7% year on year, as the business recovered from the impact of COVID-19 in the previous year despite the effects of semiconductor supply shortages. Segment profit was ¥747 million, up 40.5% year on year, mainly due to higher profit from increased sales. (North America and other) Net sales, excluding intersegment sales, were ¥3,541 million, up 20.2% year on year, as the business recovered from the impact of COVID-19 in the previous year despite prolonged shutdowns at customers' production plants due to semiconductor shortages. The segment loss was ¥1,439 million, compared with a segment loss of ¥1,186 million in the previous year, due mainly to production-loss costs associated with COVID-19 measures at the UK subsidiary, higher raw-material prices, and higher labour costs associated with Brexit.」
The two overseas regions recovered from the impact of COVID-19 in the previous year and increased revenue. Japan increased profit despite lower revenue through cost reductions and expense cuts, while Asia increased revenue and profit. North America and other regions saw a wider loss. - FY2022-Q2Revenue up across all regions; Japan and Asia return to profitability, but North America's loss widensAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥25,832 million, up 13.5% year on year, as the business recovered from the impact of COVID-19 in the previous year despite the impact of semiconductor supply shortages. Segment profit was ¥969 million, compared with a segment loss of ¥711 million in the previous year, due to higher profit from increased sales and the promotion of manufacturing cost-reduction initiatives and expense cuts. (Asia) Net sales, excluding intersegment sales, were ¥5,053 million, up 38.4% year on year, as the business recovered from the impact of COVID-19 in the previous year despite the impact of semiconductor supply shortages. Segment profit was ¥529 million, up 282.8% year on year, due to higher profit from increased sales and manufacturing cost-reduction initiatives. (North America and other) Net sales, excluding intersegment sales, were ¥2,352 million, up 39.5% year on year. Although a prolonged shutdown occurred at a customer's production plant during the second quarter due to semiconductor supply shortages, the business recovered from the impact of COVID-19 in the previous year. The segment loss was ¥902 million, compared with a segment loss of ¥898 million in the previous year, as increased profit from higher sales was offset by production losses from the sharp production cuts in the second quarter and preparation costs for the launch of a new vehicle model at the UK subsidiary.」
Revenue exceeded the previous year's level in all regions, and Japan and Asia improved from their respective loss and profit levels in the previous year. North America and other regions increased revenue, but the loss widened from ¥898 million to ¥902 million due to sharp production cuts and other factors. - FY2022-Q1Revenue up across all regions; Japan and Asia return to profitability, while North America narrows its lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥12,739 million, up 33.0% year on year, as the business was recovering from the impact of COVID-19 in the previous year, despite the impact of semiconductor supply shortages. Segment profit improved substantially to ¥483 million, compared with a segment loss of ¥1,008 million in the previous year, due to higher profit from increased sales and the promotion of manufacturing cost-reduction initiatives. (Asia) Net sales, excluding intersegment sales, were ¥2,543 million, up 60.6% year on year, as customer production and sales volumes increased substantially from the COVID-19-affected levels of the previous year. Segment profit was ¥333 million, compared with a segment loss of ¥22 million in the previous year, due to higher profit from increased sales and the promotion of manufacturing cost-reduction initiatives. (North America and other) Net sales, excluding intersegment sales, were ¥1,473 million, up 3.7% year on year. The segment loss was ¥223 million, compared with a segment loss of ¥235 million in the previous year. Although higher sales increased profit, the company recorded preparation costs for a new vehicle model launched in the second quarter.」
Revenue increased across all regions, and Japan and Asia swung from losses in the previous year to profits. North America and other regions narrowed their loss from ¥235 million to ¥223 million, although they remained loss-making. - FY2021Japan and Asia maintain profitability, while North America and other regions see a wider lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥55,752 million, down 16.7% from the previous consolidated fiscal year. Segment profit was ¥2,346 million, down 4.7%. (Asia) Segment profit was ¥1,113 million, up 19.3%. (North America and other) The segment loss was ¥1,470 million, compared with a segment loss of ¥1,327 million in the previous consolidated fiscal year.」
Japan maintained its profit level despite lower revenue and profit, while Asia increased profit. North America and other regions saw a wider loss, and the divergence in regional performance continued. - FY2021-Q3Improved earnings in Japan and Asia, but a wider loss in North America and other regionsAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥39,017 million, down 20.6% year on year, as customer production and sales volumes declined during the cumulative third-quarter period due to the spread of COVID-19, despite a recovery trend in customer production volumes. Segment profit was ¥670 million, down 33.0% year on year, as the decline in profit resulting from lower sales outweighed the benefits of manufacturing cost-reduction initiatives and expense cuts. However, segment earnings improved substantially from the ¥711 million loss recorded in the cumulative second quarter, resulting in a return to profitability. (Asia) Net sales, excluding intersegment sales, were ¥6,421 million, down 17.1% year on year, mainly due to a decline in customer production volumes, as in the Japan segment. Segment profit was ¥531 million, down 0.6% year on year, as rationalisation and expense cuts largely offset the decline in profit resulting from lower sales. (North America and other) Net sales, excluding intersegment sales, were ¥2,947 million, down 50.8% year on year, due mainly to the prolonged shutdown of customers' production plants amid the spread of COVID-19. The segment loss was ¥1,186 million, compared with a segment loss of ¥473 million in the previous year, mainly due to the decline in profit resulting from lower sales.」
Japan returned to profitability from the loss recorded in the cumulative second quarter despite lower revenue, while Asia broadly maintained its profit. North America and other regions saw a sharp decline in revenue, and the segment loss widened from ¥473 million in the previous year to ¥1,186 million. - FY2021-Q2Recovery in some regions, but a wider North American lossAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥22,752 million, down 31.4% year on year. Although customer production volumes had gradually begun to recover from the second quarter, production and sales volumes declined during the cumulative second-quarter period due to the spread of COVID-19. The segment loss was ¥711 million, compared with segment profit of ¥566 million in the previous year, mainly due to the impact of lower sales. (Asia) Net sales, excluding intersegment sales, were ¥3,652 million, down 28.0% year on year. Although production volumes in China had begun to recover from the second quarter, some production lines at customers' plants remained shut down due to the spread of COVID-19. Segment profit was ¥138 million, down 59.6% year on year, mainly due to the impact of lower sales. (North America and other) Net sales, excluding intersegment sales, were ¥1,686 million, down 60.6% year on year, due mainly to the prolonged shutdown of customers' production plants amid the spread of COVID-19. The segment loss was ¥898 million, compared with a segment loss of ¥289 million in the previous year, mainly due to the impact of lower sales.」
Revenue declined across all regions, although customer production in Japan and the Chinese market began to recover from the second quarter. North America and other regions saw a sharp decline in revenue, and the segment loss widened from ¥289 million in the previous year to ¥898 million. - FY2021-Q1Lower revenue and weaker earnings as COVID-19-related production cuts affected all regionsAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥9,578 million, down 37.0% year on year, due mainly to the large number of production lines at customers' plants that were shut down amid the spread of COVID-19 and a substantial decline in customer sales. The segment loss was ¥1,008 million, compared with a segment loss of ¥216 million in the previous year, mainly due to the impact of lower sales. (Asia) Net sales, excluding intersegment sales, were ¥1,583 million, down 31.7% year on year, due mainly to the large number of production lines at customers' plants that were shut down amid the spread of COVID-19. The segment loss was ¥22 million, compared with segment profit of ¥99 million in the previous year, mainly due to the impact of lower sales. (North America and other) Net sales, excluding intersegment sales, were ¥1,420 million, down 42.3% year on year, due mainly to the prolonged shutdown of customers' production plants amid the spread of COVID-19. The segment loss was ¥235 million, compared with a segment loss of ¥47 million in the previous year, mainly due to the impact of lower sales.」
All regions—Japan, Asia, and North America and other—saw lower revenue due to customer production cuts associated with COVID-19. Asia swung from a ¥99 million profit to a ¥22 million loss, while the loss in North America and other regions widened from ¥47 million to ¥235 million. - FY2020Japan posts higher profit and North America sees a wider loss amid lower revenue across all regionsAnnual report
「(Japan) Net sales were ¥66,928 million, down 3.1% from the previous consolidated fiscal year. Segment profit was ¥2,461 million, up 63.3% from the previous consolidated fiscal year. (Asia) Net sales were ¥10,917 million, down 6.3%, and segment profit was ¥932 million, down 9.9%. (North America and other) Net sales were ¥7,466 million, down 25.2%, and the segment loss was ¥1,327 million.」
Revenue declined across all regions. Japan increased profit through cost reductions, Asia saw lower profit, and the loss in North America and other regions widened from ¥554 million to ¥1,327 million. - FY2020-Q3Japan posts higher profit and North America narrows its loss amid lower revenue across all regionsAnnual report
「(Japan) Net sales, excluding intersegment sales, were ¥49,140 million, down 3.3% year on year, due mainly to lower customer production amid market stagnation and the limited contribution from new products, including electrical components, which contributed in the previous period. Segment profit rose 99.5% year on year to ¥1,001 million, despite the impact of lower operations, owing mainly to efficiency gains from advanced equipment invested in the Kyushu region and progress in the contribution from the company's proprietary cost-reduction initiative, the Faltec production system. (Asia) Net sales, excluding intersegment sales, were ¥7,743 million, down 10.8% year on year, due mainly to lower customer production amid market stagnation and a review of the products handled by the Chinese subsidiary. Segment profit fell 22.0% year on year to ¥534 million. Although personnel efficiency improved following the reorganisation of the Chinese subsidiary, this did not fully offset the impact of lower operations. (North America and other) Net sales, excluding intersegment sales, were ¥5,991 million, down 18.6% year on year, due mainly to lower customer production stemming from the UK's Brexit issue and the impact of a review of products handled by the North American subsidiary. The segment loss was ¥473 million, compared with a segment loss of ¥510 million in the previous period, as production efficiency improved for millimetre-wave radar covers at the North American subsidiary, which began production in the previous period, despite the impact of lower operations.」
Japan increased profit despite lower revenue, supported by advanced equipment and cost-reduction initiatives. Asia saw lower revenue and profit, while North America and other regions narrowed their loss as production efficiency improved for millimetre-wave radar covers. - FY2020-Q2Higher revenue and profit in Japan and lower revenue and profit in Asia and North America and other regionsAnnual report
「(Japan) Revenue, excluding intersegment revenue, was ¥33,171 million, up 1.8% year on year, as production of new vehicle models launched in the previous fiscal year contributed throughout the cumulative second quarter and other factors. Segment profit was ¥566 million, compared with a segment loss of ¥30 million in the same period of the previous year, due to progress in workplace improvement activities, the effects of higher operating volumes and other factors. (Asia) Revenue, excluding intersegment revenue, was ¥5,074 million, down 10.6% year on year, due to the impact of lower customer production and other factors. Segment profit was ¥342 million, down 21.3% year on year, due to the impact of lower operating volumes and other factors. (North America and other regions) Revenue, excluding intersegment revenue, was ¥4,285 million, down 14.6% year on year, due to the impact of lower customer production and the effects of a review of the products handled by the North American subsidiary, among other factors. The segment recorded a loss of ¥289 million, compared with a segment loss of ¥267 million in the same period of the previous year, due to the impact of lower operating volumes and other factors.」
Japan posted higher revenue and profit due to the contribution from production of new vehicle models and workplace improvements, while Asia posted lower revenue and profit and North America and other regions posted lower revenue, with the loss widening from ¥267 million to ¥289 million. - FY2020-Q1Lower customer production in all regions and improvement in the North American lossAnnual report
「(Japan) Revenue, excluding intersegment revenue, was ¥15,202 million, down 2.8% year on year, due to the impact of lower customer production volume and other factors. The segment recorded a loss of ¥216 million, compared with a segment loss of ¥36 million in the same period of the previous year, due to lower revenue and preparation costs for new vehicle models launching at the start of the second quarter, among other factors. (Asia) Revenue, excluding intersegment revenue, was ¥2,320 million, down 14.6% year on year, due to the impact of lower customer production volume and other factors. Segment profit was ¥99 million, down 51.7% year on year, due to the impact of lower revenue and other factors. (North America and other regions) Revenue, excluding intersegment revenue, was ¥2,461 million, down 2.2% year on year, due to the impact of lower customer production volume and other factors. The segment recorded a loss of ¥47 million, compared with a segment loss of ¥134 million in the same period of the previous year, as the impact of lower revenue was offset by the effects of workplace improvements at the UK subsidiary and other factors, resulting in a year-on-year improvement of ¥87 million.」
Revenue declined in Japan, Asia and North America and other regions due to lower customer production volume. Japan's loss widened and Asia's profit declined, while the loss in North America and other regions narrowed due to improvement at the UK subsidiary. - FY2019Higher revenue and profit in Japan, lower profit despite higher revenue in Asia, and a smaller loss in North America and other regionsAnnual report
「(Japan) Revenue, excluding intersegment revenue, was ¥69,078 million, up 4.9% from the previous consolidated fiscal year, due to increased sales of millimeter-wave radar covers, electrical components and other products, and the effects of launching new vehicle models. Segment profit was ¥1,507 million, up 14.2% from the previous consolidated fiscal year, due to the effects of launching new vehicle models and other factors. (Asia) Revenue, excluding intersegment revenue, was ¥11,646 million, up 1.3% from the previous consolidated fiscal year. Segment profit was ¥1,035 million, down 1.4% from the previous consolidated fiscal year, due to the impact of intensifying competition in China and other factors. (North America and other regions) The segment loss improved by ¥39 million from the previous consolidated fiscal year to ¥554 million due to the effects of workplace improvements at the UK subsidiary and other factors.」
Japan posted higher revenue and profit, Asia posted higher revenue but lower profit due to intensifying competition, and the loss in North America and other regions narrowed due to improvement in the UK. - FY2019-Q3Higher revenue and profit in Japan and Asia and a smaller loss in North America and other regionsAnnual report
「(Japan) Revenue, excluding intersegment revenue, was ¥50,805 million, up 7.5% year on year, due to the impact of the sharp production cuts by customers included in the third quarter of the previous year, increased sales of millimeter-wave radar covers, electrical components and other products, and the effects of launching new vehicle models. Segment profit was ¥501 million, up 132.3% year on year, due to recovery from the impact of customers' sharp production cuts and the effects of higher operating volumes for newly launched vehicle models, despite costs incurred to prepare for the start-up of a plating line in the Kyushu region and other factors. (Asia) Revenue, excluding intersegment revenue, was ¥8,676 million, up 5.9% year on year, as customers' production remained firm, among other factors. Segment profit was ¥685 million, up 8.8% year on year, due to the effects of higher operating volumes and other factors. (North America and other regions) Revenue, excluding intersegment revenue, was ¥7,357 million, down 0.8% year on year, as the start of operations of a new millimeter-wave radar cover production line was offset by the impact of lower customer production for other products and other factors. The segment recorded a loss of ¥510 million, compared with a segment loss of ¥568 million in the same period of the previous year. Although the U.S. subsidiary was affected by lower customer production and incurred production preparation costs for the millimeter-wave radar cover business, among other factors, the loss improved by ¥58 million year on year due to the effects of workplace improvements at the UK subsidiary and other factors.」
Japan posted higher revenue and profit due to recovery from the impact of production cuts and the contribution of new vehicle models, while Asia also posted higher revenue and profit. North America and other regions posted lower revenue but a smaller loss, with divergent regional performance continuing. - FY2019-Q2Higher revenue and profit in Asia and a smaller loss in North America and other regionsAnnual report
「(Asia) Revenue, excluding intersegment revenue, was ¥5,674 million, up 7.2% year on year, as customers' production remained firm, among other factors. Segment profit was ¥435 million, up 12.2% year on year, due to the effects of higher operating volumes and other factors. ((North America and other regions) Revenue, excluding intersegment revenue, was ¥5,016 million, down 1.5% year on year, due to the impact of lower customer production and other factors. The segment recorded a loss of ¥267 million, compared with a segment loss of ¥352 million in the same period of the previous year. Although costs were incurred to prepare for a new business at the U.S. subsidiary, the loss improved by ¥84 million year on year due to the effects of workplace improvements at the UK subsidiary, among other factors.」
Asia posted higher revenue and profit, while North America and other regions posted lower revenue due to lower customer production. However, the loss in North America and other regions narrowed year on year due to the effects of workplace improvements at the UK subsidiary. - FY2019-Q1Higher revenue and profit in Asia and continued losses in North America and other regionsAnnual report
「(Asia) Revenue, excluding intersegment revenue, was ¥2,715 million, up 9.1% year on year, as customers' production remained firm, among other factors. Segment profit was ¥205 million, up 24.5% year on year, due to the effects of higher operating volumes and other factors. (North America and other regions) Revenue, excluding intersegment revenue, was ¥2,517 million, down 6.9% year on year, due to the impact of lower customer production and other factors. The segment recorded a loss of ¥134 million, compared with a segment loss of ¥125 million in the same period of the previous year, due to costs incurred to prepare for a new business at the U.S. subsidiary, despite improved profit at the UK subsidiary.」
Asia posted higher revenue and profit, while North America and other regions posted lower revenue due to lower customer production, and continued to record a loss due to preparation costs for a new business in the United States despite improvement at the UK subsidiary. - FY2018Divergent full-year performance across overseas regionsAnnual report
「(Asia) Revenue, excluding intersegment revenue, was ¥11,495 million, up 3.2% from the previous consolidated fiscal year, as deliveries in the second half remained firm. Segment profit was ¥1,049 million, down 2.5% from the previous consolidated fiscal year, due to the impact of intensifying competition in the automotive products business and other factors. (North America and other regions) Revenue, excluding intersegment revenue, was ¥10,185 million, down 2.2% from the previous consolidated fiscal year, due to changes in the product mix and other factors. The segment recorded a loss of ¥593 million, compared with a segment loss of ¥658 million in the previous consolidated fiscal year. Although the loss caused by higher launch costs at the UK subsidiary in the previous consolidated fiscal year was improving, costs were incurred to prepare for a new business at the U.S. subsidiary, among other factors.」
Asia posted higher revenue but lower profit due to intensifying competition, while North America and other regions posted lower revenue but a smaller loss, with divergent regional performance continuing for the full year. - FY2018-Q3Lower revenue in 2 overseas regions, a smaller loss in North America and lower profit in AsiaAnnual report
「(Asia) Revenue, excluding intersegment revenue, was ¥8,196 million, down 0.7% year on year, due mainly to intensifying competition in China. Segment profit was ¥629 million, down 27.6% year on year, due to lower revenue and intensifying competition mainly in the automotive products business, among other factors. (North America and other regions) Revenue, excluding intersegment revenue, was ¥7,419 million, down 8.4% year on year, due to changes in the product mix and other factors. The segment recorded a loss of ¥568 million, compared with a segment loss of ¥635 million in the same period of the previous year. Although the increase in launch costs at the UK subsidiary incurred in the same period of the previous year was eliminated, costs were incurred to prepare for the establishment of a millimeter-wave radar cover production line at the U.S. subsidiary, among other factors.」
Asia reported lower revenue and profit due to intensifying competition in China, while revenue also declined in North America and other regions, although the loss narrowed year on year as the increase in launch costs in the UK was eliminated. - FY2018-Q2Lower revenue in 2 overseas regions and a smaller loss in North AmericaAnnual report
「(Asia) Revenue, excluding intersegment revenue, was ¥5,248 million, down 5.3% year on year, due to the impact of foreign currency translation resulting from the stronger yen, intensifying competition in the automotive products business and other factors. Segment profit was ¥345 million, down 37.8% year on year, due to the impact of lower revenue and changes in the product mix, among other factors. (North America and other regions) Revenue, excluding intersegment revenue, was ¥5,134 million, down 9.7% year on year, due to the impact of foreign currency translation resulting from the stronger yen, changes in the product mix and other factors. The segment recorded a loss of ¥320 million, compared with a segment loss of ¥557 million in the same period of the previous year, as the increase in launch costs at the UK subsidiary was eliminated, among other factors.」
Revenue declined in both Asia and North America and other regions due to the stronger yen and changes in the product mix, while the loss in North America and other regions narrowed as the increase in launch costs at the UK subsidiary was eliminated. - FY2018-Q1Lower overseas revenue due to foreign currency translation and a smaller loss in North AmericaAnnual report
「(Asia) Revenue, excluding intersegment revenue, was ¥2,483 million, down 10.5% year on year, due to the impact of foreign currency translation resulting from the stronger yen and other factors. Segment profit was ¥158 million, down 28.5% year on year, due to the impact of raw material market conditions and other factors. (North America and other regions) Revenue, excluding intersegment revenue, was ¥2,710 million, down 11.4% year on year, due to the impact of foreign currency translation resulting from the stronger yen and other factors. The segment recorded a loss of ¥152 million, compared with a segment loss of ¥346 million in the same period of the previous year, as the increase in costs for launching new vehicles at the UK subsidiary was eliminated, among other factors.」
Revenue declined in both Asia and North America and other regions due to foreign currency translation resulting from the stronger yen, while the loss in North America and other regions narrowed as the increase in launch costs at the UK subsidiary was eliminated, with differences in regional performance continuing. - FY2017Divergent performance across overseas regionsAnnual report
「(Asia) Segment profit was ¥1,076 million, up 109.7% year on year, due to the effects of advancing rationalization as global standards became more widely adopted, among other factors. (North America and other regions) The segment recorded a loss of ¥670 million, compared with segment profit of ¥222 million in the previous consolidated fiscal year, due to higher costs for launching new vehicles at the UK subsidiary, measures to stabilize production, safety and health measures, and other factors.」
Asia posted a substantial increase in profit through rationalization, while North America and other regions moved into a loss due to higher costs at the UK subsidiary, widening the divergence in performance across overseas regions. - FY2017-Q3Divergence in Regional PerformanceAnnual report
「Sales, excluding intersegment sales, increased 2.7% year on year to ¥8,194 million, due mainly to contributions from the Thai subsidiary and the subsidiary in Hubei Province, China, which began full-scale operations in the second half of the previous fiscal year.」
While revenue in Asia continued to rise due to contributions from overseas subsidiaries, revenue in North America and other regions was ¥8,133 million, down 1.8% year on year, indicating divergent performance across overseas regions. - FY2017-Q2AdvancedAnnual report
「Sales, excluding intersegment sales, increased 5.3% year on year to ¥5,544 million, due mainly to contributions from the Thai subsidiary and the subsidiary in Hubei Province, China, which began full-scale operations in the second half of the previous fiscal year.」
An overseas subsidiary that commenced full-scale operations in the previous fiscal year contributed to Asia's revenue for the cumulative second quarter, resulting in higher revenue year on year. - FY2017-Q1AdvancedAnnual report
「Sales increased 3.0% year on year to ¥19,268 million, due to contributions from the Thai subsidiary and the subsidiary in Hubei Province, China, which began full-scale operations in the second half of the previous fiscal year, as well as the effect of expanded sales to new customers by the UK subsidiary.」
Overseas plants and subsidiaries that commenced full-scale operations in the previous fiscal year contributed to the increase in revenue for the quarter. - FY2016First statedAnnual report
「Revenue was ¥84,155 million, up 5.5% from the previous consolidated fiscal year, due to the full-scale operation of new plants of subsidiaries in China and Thailand and the expansion of new transactions at the U.S. subsidiary, among other factors.」
Revenue in Asia rose 47.4% and revenue in North America and other regions rose 26.3%, demonstrating the results of expanding overseas operations.