Expansion of Vietnam production and launch of exports to overseas markets
First written in FY2016. 11 of 18 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2022-Q1.
2 other companies' latest entry also says "Restated".
- FY2022-Q1RestatedAnnual report
「④ Vietnam Tanaka Precision Vietnam, a December year-end company, reported net sales of ¥210 million, down 15.2% from the same quarter of the previous year, reflecting the reversal of the absence of an impact from fewer orders due to the economic downturn in the same quarter of the previous year. Segment profit was ¥41 million, down 28.6% year on year, due to the impact of lower sales.」
Unlike other regions, Vietnam posted lower sales and profit due to the reversal of the absence of an impact from fewer orders caused by the economic downturn in the same quarter of the previous year. - FY2021Decline in Vietnam's net sales and profitAnnual report
「In Vietnam, net sales were ¥715 million, down 26.5% from the previous fiscal year, due to fewer orders resulting from the economic downturn and other factors. Despite efforts to reduce total costs, segment profit was ¥96 million, down 53.5% from the previous fiscal year, due to the impact of the aforementioned decline in sales.」
The situation has shifted from the higher sales of products for overseas markets seen through the previous fiscal year to a substantial decline in sales and profit due to fewer orders. - FY2021-Q1AdvancedAnnual report
「④ Vietnam Net sales were ¥248 million, up 15.8% year on year, due to higher sales of two-wheeled products for overseas markets. Segment profit was ¥58 million, up 45.6% year on year, due to the benefit of higher sales.」
Higher sales of two-wheeled products for overseas markets brought Vietnam's net sales and segment profit above the year-earlier period. This represents an improvement from the lower sales of two-wheeled products for overseas markets through the previous quarter. - FY2020-Q3RestatedAnnual report
「④ Vietnam Net sales were ¥697 million, down 10.6% year on year, due to lower sales of two-wheeled products for overseas markets. Segment profit was ¥142 million, down 26.9% year on year, due to the impact of lower sales.」
Lower sales of two-wheeled products for overseas markets and lower profit have continued. No new progress in expanding Vietnamese production capacity or exports is stated. - FY2020-Q2RestatedAnnual report
「④ Vietnam Net sales were ¥445 million, down 9.6% year on year, due to lower sales of two-wheeled products for overseas markets. Segment profit was ¥83 million, down 33.3% year on year, due to the impact of lower sales.」
Lower sales of two-wheeled products for overseas markets continued, bringing Vietnam's net sales and segment profit below the year-earlier period. The decline in products for export markets identified in the previous quarter has continued. - FY2020-Q1Decline in two-wheeled products for export marketsAnnual report
「Vietnam Net sales were ¥214 million, down 7.6% year on year, due to a decline in two-wheeled products for export markets. Segment profit was ¥40 million, down 34.5% year on year, due to the impact of lower sales.」
Vietnam's net sales and segment profit fell below the year-earlier period due to a decline in two-wheeled products for export markets. - FY2019-Q3AdvancedAnnual report
「⑤ Vietnam Net sales were ¥779 million, up 40.1% year on year, due to strong sales of products for overseas markets. Segment profit was ¥195 million, up 243.3% year on year, due to the benefit of higher sales and measures to reduce operating costs.」
Driven by strong sales of products for overseas markets and measures to reduce operating costs, Vietnam's net sales rose 40.1% year on year and segment profit was ¥195 million, up 243.3% year on year. - FY2019-Q2AdvancedAnnual report
「⑤ Vietnam Net sales were ¥493 million, up 51.6% year on year, reflecting strong sales of products for overseas markets. Segment profit was ¥124 million, up 500.0% year on year, due to the benefit of higher sales and measures to reduce operating costs.」
Driven by strong sales of products for overseas markets and measures to reduce operating costs, Vietnam's net sales rose 51.6% year on year and segment profit was ¥124 million, up 500.0% year on year. - FY2019-Q1RestatedAnnual report
「⑤ Vietnam Net sales were ¥232 million, up 47.6% year on year, reflecting strong sales of products for overseas markets. Segment profit was ¥61 million, up 530.3% year on year, due to the benefit of higher sales and measures to reduce operating costs.」
Vietnamese net sales and segment profit exceeded the year-earlier period, driven by increased sales of products for overseas markets and lower operating costs. No new expansion of production capacity or start of exports is explicitly stated. - FY2018AdvancedAnnual report
「In Vietnam, domestic sales were strong, resulting in revenue of ¥813 million, up 17.9% year on year. In terms of earnings, the segment posted a profit of ¥112 million, up 145.9% year on year, due to the effects of higher revenue and measures to reduce operating costs, including reductions in factory consumables.」
Vietnamese domestic sales and segment profit increased from the previous fiscal year, driven by higher domestic sales and lower operating costs. - FY2018-Q3AdvancedAnnual report
「⑤ Vietnam: Revenue was ¥556 million, up 31.6% year on year, due to strong domestic sales in Vietnam. In terms of earnings, the segment posted a profit of ¥56 million, compared with a profit of ¥2 million in the same period of the previous year, due to measures to reduce operating costs, including labor-saving initiatives and reductions in factory consumables.」
Domestic sales in Vietnam increased 31.6% year on year, while measures to reduce operating costs also contributed to an increase in segment profit from ¥2 million to ¥56 million. - FY2018-Q2AdvancedAnnual report
「⑤ Vietnam: Revenue was ¥325 million, up 20.9% year on year, due to strong domestic sales in Vietnam. In terms of earnings, the segment posted a profit of ¥20 million, compared with a segment loss of ¥21 million in the same period of the previous year, due to the effects of higher revenue and cost reductions.」
Domestic sales in Vietnam increased 20.9% year on year, and the segment swung from a loss to a profit of ¥20 million. - FY2018-Q1AdvancedAnnual report
「⑤ Vietnam: Revenue was ¥157 million, down 6.0% year on year, due to lower sales of products for South America. In terms of earnings, despite the impact of lower revenue, the segment posted a profit of ¥9 million, compared with a segment loss of ¥2 million in the same period of the previous year, due to the effect of cost reductions.」
Sales of products for South America declined 6.0% year on year, but Vietnam swung from a loss in the same period of the previous year to a profit of ¥9 million due to the effect of cost reductions. - FY2017AdvancedAnnual report
「⑤ Vietnam: Revenue was ¥689 million, up 5.8% year on year, due to the launch of overseas-bound products. In terms of earnings, the segment posted a profit of ¥45 million, compared with a segment loss of ¥229 million in the previous year, due to cost-reduction measures and other factors.」
The launch of overseas-bound products continued, revenue increased 5.8% year on year, and Vietnam swung from a loss of ¥229 million to a profit of ¥45 million. Meanwhile, the number of employees declined by 127 due to management streamlining. - FY2017-Q3AdvancedAnnual report
「⑤ Vietnam: Although foreign currency translation reduced revenue, revenue was ¥423 million, up 0.1% year on year, due to the launch of overseas-bound products. In terms of earnings, the segment posted a profit of ¥2 million, compared with a segment loss of ¥190 million in the same period of the previous year, due to cost-reduction measures and other factors.」
The launch of overseas-bound products continued, and Vietnam swung from a segment loss in the previous year to a profit of ¥2 million. - FY2017-Q2AdvancedAnnual report
「⑤ Vietnam: Revenue was ¥269 million, up 20.9% year on year, due to the launch of overseas-bound products. In terms of earnings, despite launch costs and other factors, the segment posted a loss of ¥21 million, compared with a segment loss of ¥143 million in the same period of the previous year, due to the revenue contribution.」
The launch of overseas-bound products continued, revenue increased 20.9% year on year, and the segment loss narrowed from the previous year. - FY2017-Q1AdvancedAnnual report
「Vietnam: Revenue was ¥167 million, up 76.6% year on year, due to the launch of overseas-bound products. In terms of earnings, despite launch costs and other factors, the segment posted a loss of ¥2 million, compared with a segment loss of ¥79 million in the same period of the previous year, due to the revenue contribution.」
The launch of overseas-bound products was achieved, and revenue in Vietnam increased 76.6% year on year. - FY2016First statedAnnual report
「In Vietnam, the number of employees increased by 170 from the end of the previous consolidated fiscal year, mainly due to the expansion of production at the consolidated subsidiary Tanaka Precision Vietnam Company Limited.」
The company reports the start of exports of overseas-bound products and expansion of production in Vietnam.