Profit increase from higher volumes of subsidiaries' export products and changes in product mix
First written in FY2017-Q2. 5 of 14 entries say "Restated". Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「Overseas, although demand in China's domestic market remained weak, sales increased year on year as products exported to overseas markets performed steadily.」
While weak demand in China's domestic market continued, sales in the China segment increased year on year due to strong performance by products exported to overseas markets. A recovery and increase driven by exports has also been confirmed on an annual basis. - FY2025-H1AdvancedAnnual report
「Overseas, although demand in China's domestic market remained weak, sales increased year on year due to strong performance by products exported to overseas markets.」
While demand in China's domestic market remained weak, strong sales of products exported to overseas markets resulted in higher sales in China year on year. The trend has shifted from declines in sales of export products by the Chinese subsidiary to a recovery and increase in exports. - FY2020AdvancedAnnual report
「Net sales increased 17.2% from the previous consolidated fiscal year to ¥570.1 million, mainly due to the start of mass production of newly ordered products and other factors.」
A specific development was reported in which the start of mass production of newly ordered products led to higher sales in China, following a period of continued declines in sales of export products by the Chinese subsidiary. - FY2019-Q3WorsenedAnnual report
「However, overseas demand remained firm, particularly in Thailand, but overseas sales declined from the same quarter of the previous year due to lower exports and lower sales of products for domestic trucks in China.」
The situation changed from the previous quarter's pattern of total overseas sales increasing despite lower sales of export products from China to a pattern in which, in addition to export products, products for domestic trucks also declined in China, causing total overseas sales to decline year on year. - FY2019-Q2RestatedAnnual report
「Overseas, although sales of export products from China declined, demand remained firm, particularly in Thailand, and sales increased from the same quarter of the previous year.」
The decline in sales of export products from China continued. Meanwhile, demand, particularly in Thailand, offset this decline, and total overseas sales increased year on year. - FY2019-Q1RestatedAnnual report
「Overseas, although sales of export products from China declined, demand remained firm, particularly in Thailand, and sales increased from the same quarter of the previous year.」
The decline in sales of export products by the Chinese subsidiary continued. Meanwhile, higher demand, particularly in Thailand, offset this decline, and total overseas sales increased year on year. - FY2018-Q3RestatedAnnual report
「Under these circumstances, net sales for the Group, comprising the Company and its consolidated subsidiaries, declined from the same quarter of the previous year, despite higher sales resulting from firm demand in the truck market and the recovery in demand in the industrial and construction machinery markets, due to the impact of lower sales of export products by the Chinese subsidiary.」
The situation in which sales increased on recovering market demand while lower sales of export products by the Chinese subsidiary reduced consolidated net sales has been reconfirmed. - FY2018-Q2WorsenedAnnual report
「Under these circumstances, net sales for the Group, comprising the Company and its consolidated subsidiaries, declined from the same quarter of the previous year, despite higher sales resulting from firm demand in the truck market and the recovery in demand in the industrial and construction machinery markets, due to the impact of lower sales of export products by the Chinese subsidiary.」
While sales increased due to the recovery in market demand, lower sales of export products by the Chinese subsidiary became a factor contributing to the decline in consolidated net sales. Net sales in the China segment also declined 35.9% year on year. - FY2018-Q1WorsenedAnnual report
「Under these circumstances, net sales for the Group, comprising the Company and its consolidated subsidiaries, declined from the same quarter of the previous year, despite higher sales resulting from the recovery in demand in the industrial and construction machinery markets, due to the impact of lower sales of export products by the Chinese subsidiary.」
The situation changed from higher volumes of subsidiaries' export products being listed as a factor contributing to higher profit in the previous fiscal year to lower sales of export products by the Chinese subsidiary becoming a factor contributing to the decline in consolidated net sales. - FY2017RestatedAnnual report
「Although net sales declined, the promotion of cost-reduction activities and higher profits resulting from increased exports of subsidiaries' products and changes in product mix and other factors contributed to the result.」
The annual report also reiterates the explanation that increased exports of subsidiaries' products and changes in product mix and other factors contributed to higher profit. - FY2017-Q3RestatedAnnual report
「In terms of profit, although sales declined, operating profit was ¥1.558 billion, up 30.3% year on year, as profit-enhancing factors from promoting cost-reduction activities, an increase in the volume of products exported by subsidiaries, changes in the product mix and other factors contributed to results.」
The explanation identifying higher volumes of subsidiaries' export products and changes in product mix and other factors as contributors to the increase in operating income was reiterated using the same wording as in the previous quarter. - FY2017-Q2First statedAnnual report
「In terms of profit, although sales declined, operating profit was ¥1.128 billion, up 34.0% year on year, as profit-enhancing factors from promoting cost-reduction activities, an increase in the volume of products exported by subsidiaries, changes in the product mix and other factors contributed to results.」
For the first time, the company explicitly identified higher volumes of subsidiaries' export products and changes in product mix and other factors as contributors to the increase in operating income.