Transfer of copper radiator production
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2017: 2 of 11 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「In terms of profit, although we strongly advanced cost-reduction initiatives, in addition to the decline in sales, research and development expenses associated with new sales expansion activities in China increased, as did temporary costs related to the transfer of copper radiator production,」
Higher temporary costs related to the transfer of copper radiator production continue to be cited as a factor contributing to the decline in profit. No progress, such as a completion date for the transfer, has been disclosed. - FY2020-Q3RestatedAnnual report
「In terms of profit, although we strongly promoted cost-reduction activities, operating profit was ¥449 million, down 43.8% year on year, due to the decline in sales, higher research and development expenses associated with new sales expansion activities in China, and an increase in temporary costs related to the transfer of copper radiator production, among other factors.」
Higher temporary costs associated with the transfer of copper radiator production continue to be cited as a factor contributing to the decline in operating profit. No new progress, such as a completion date for the transfer, has been disclosed. - FY2020-Q2RestatedAnnual report
「Temporary increase in costs related to the transfer of copper radiator production」
Temporary costs associated with the transfer of copper radiator production continue to be cited as a factor contributing to the decline in operating profit. No new progress, such as a completion date for the transfer, has been disclosed. - FY2020-Q1First statedAnnual report
「Temporary increase in costs related to the transfer of copper radiator production」
This is the first time that the transfer of copper radiator production has been described as a specific production-structure measure. No completion date or sites subject to the transfer have been disclosed.