Expansion of the Asia Business Centered on Thailand
First written in FY2016. 18 of 35 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-06.
The whole theme swung hardest in 2024: 2 of 16 companies on the "Worse" side.
8 other companies' latest entry also says "Advanced".
- 2026-08-06AdvancedEarnings
「Revenue in Asia was ¥5,482 million, up 24.8% from the same period of the previous year, while segment profit was ¥315 million, up 57.2%.」
The Asia business reported higher revenue and profit year on year, with the recovery trend through the previous fiscal year progressing further in the first quarter. - FY2026AdvancedAnnual report
「Revenue in Asia was ¥19,784 million, up 6.0% year on year, and segment profit was ¥1,232 million, up 30.2%. Revenue and profit increased as measures to improve profitability, including lower energy procurement costs and price revisions, were implemented.」
The Asia business recorded higher revenue and profit, reflecting improved profitability from lower energy procurement costs and price revisions. - FY2026-H1AdvancedAnnual report
「Revenue in Asia was ¥9,049 million, up 3.9% year on year, and operating profit was ¥450 million, up 29.9%.」
The Asia business posted 3.9% year-on-year revenue growth and 29.9% profit growth, improving from lower revenue and profit in the first half of the previous fiscal year to revenue and profit growth. - FY2025WorsenedAnnual report
「In Thailand, the decline in demand caused by stricter loan screening by financial institutions and the continuing economic downturn had a significant impact. Although sales were secured by winning new business, revenue and profit declined. In India, revenue and profit increased as solid economic growth continued and the transfer of production from our North American subsidiary progressed smoothly.」
Asia as a whole recorded lower revenue and profit. Thailand secured sales through new business, but was significantly affected by declining demand, contrasting with India's revenue and profit growth. - FY2025-H1WorsenedAnnual report
「Revenue in Asia was ¥8,706 million, down 9.5% year on year, and operating profit was ¥346 million, down 33.5%.」
Both revenue and operating profit in the Asia business fell below the year-earlier levels, shifting from revenue and profit growth through the previous fiscal year to revenue and profit declines. - FY2024-Q3AdvancedAnnual report
「Revenue in Asia was ¥14,599 million, up 8.2% year on year, and operating profit was ¥727 million, up 22.3%.」
The Asia business posted 8.2% year-on-year revenue growth and 22.3% profit growth, with revenue expansion and earnings improvement progressing. - FY2024-Q2AdvancedAnnual report
「Revenue in Asia was ¥9,617 million, up 6.5% year on year, and operating profit was ¥521 million, up 55.9%.」
The Asia business posted 6.5% year-on-year revenue growth and 55.9% profit growth, with revenue growth and earnings improvement continuing. - FY2024-Q1AdvancedAnnual report
「Revenue in Asia was ¥4,488 million, up 6.3% year on year, and operating income was ¥173 million, up 50.2%.」
The Asia business maintained revenue growth, while operating profit increased 50.2% year on year. Revenue expansion and earnings improvement are progressing. - FY2023-Q3WorsenedAnnual report
「Revenue in Asia was ¥13,492 million, up 13.5% year on year, and operating income was ¥594 million, down 5.3%.」
The Asia business maintained revenue growth, but operating income fell 5.3% year on year, and profitability continued to deteriorate as earnings declined despite higher revenue. - FY2023-Q2WorsenedAnnual report
「Revenue in Asia was ¥9,030 million, up 14.4% year on year, and operating income was ¥334 million, down 33.0%.」
The Asia business maintained revenue growth, but operating income fell 33.0% year on year, resulting in lower earnings and deteriorating profitability. - FY2023-Q1WorsenedAnnual report
「Revenue in Asia was ¥4,223 million, up 5.5% year on year, and operating income was ¥115 million, down 57.0%.」
The Asia business maintained revenue growth, but operating income fell 57.0% year on year, resulting in deteriorating profitability. - FY2022AdvancedAnnual report
「In Asia, revenue was ¥21,582 million, up 23.6% year on year, and operating income was ¥933 million, up 14.7%.」
The Asia business posted higher revenue and earnings for the full year, with revenue up 23.6% and operating income up 14.7% year on year. - FY2022-Q3AdvancedAnnual report
「Revenue in Asia was ¥16,285 million, up 35.7% year on year, and operating income was ¥748 million, up 77.4%.」
The Asia business posted 35.7% year-on-year revenue growth and 77.4% earnings growth, with revenue expansion and profitability improvement continuing. - FY2022-Q2AdvancedAnnual report
「Revenue in Asia was ¥11,285 million, up 58.0% year on year, and operating income was ¥682 million, up 884.8%.」
The Asia business posted 58.0% year-on-year revenue growth, while operating income improved sharply to ¥682 million, up 884.8%. - FY2022-Q1AdvancedAnnual report
「Revenue in Asia was ¥5,693 million, up 113.5% year on year, and operating income was ¥380 million, compared with an operating loss of ¥225 million in the same period of the previous year.」
The Asia business posted substantial revenue growth and swung from an operating loss of ¥225 million to operating income of ¥380 million, clearly improving from the trend of lower revenue and earnings in the previous fiscal year. - FY2021Full-year lower revenue and earnings in AsiaAnnual report
「In Asia, revenue was ¥17,462 million, down 8.4% year on year, and operating income was ¥813 million, down 4.7%.」
The Asia business posted lower revenue and earnings for the full year. The revenue decline widened from 6.0% in the previous fiscal year, while the decline in operating income narrowed from 12.3% to 4.7%. - FY2021-Q3MitigatedAnnual report
「Revenue in Asia was ¥11,998 million, down 16.6% year on year, and operating income was ¥421 million, down 20.0%.」
Although the Asia business continued to post lower revenue and earnings, the declines narrowed from the previous quarter's cumulative declines of 26.0% in revenue and 84.9% in operating income, to 16.6% and 20.0%, respectively, year on year. - FY2021-Q2WorsenedAnnual report
「Revenue in Asia was ¥7,143 million, down 26.0% year on year, and operating income was ¥69 million, down 84.9%.」
The decline in revenue in the Asia business widened, while operating income fell 84.9% year on year. The trend of lower revenue and earnings since the previous fiscal year deteriorated significantly. - FY2020Lower revenue and earnings in AsiaAnnual report
「In Asia, revenue was ¥19,066 million, down 6.0% year on year, and operating income was ¥853 million, down 12.3%.」
The Asia business posted lower revenue and operating income, shifting from higher revenue and earnings in the previous fiscal year to lower revenue and earnings. - FY2020-Q3Lower revenue and earnings in AsiaAnnual report
「Revenue in Asia was ¥14,386 million, down 6.0% year on year, and operating income was ¥527 million, down 24.7%.」
The Asia business shifted from lower revenue but higher earnings through the previous quarter to lower revenue and earnings, with both revenue and operating income below the same period of the previous year. - FY2020-Q2Lower revenue but higher earnings in AsiaAnnual report
「Revenue in Asia was ¥9,652 million, down 4.7% year on year, and operating income was ¥457 million, up 18.6%.」
The Asia business posted a 4.7% year-on-year decline in revenue, while operating income increased 18.6%, resulting in lower revenue but higher earnings. - FY2020-Q1Lower revenue but higher earnings in AsiaAnnual report
「Revenue in Asia was ¥4,635 million, down 6.3% year on year, and operating income was ¥248 million, up 32.7%.」
The Asia business posted a 6.3% year-on-year decline in revenue, while operating income increased 32.7%, resulting in lower revenue but higher earnings. - FY2019AdvancedAnnual report
「In Asia, revenue was ¥20,284 million, up 6.1% year on year, and operating income was ¥973 million, up 65.7%.」
In addition to higher revenue, the Asia business posted operating income of ¥973 million, up 65.7% year on year, indicating improved profitability. - FY2019-Q3AdvancedAnnual report
「Revenue in Asia was ¥15,298 million, up 10.2% year on year, and operating income was ¥699 million, up 230.6%.」
The Asia business posted 10.2% year-on-year revenue growth, while operating income improved sharply to ¥699 million, up 230.6% year on year. - FY2019-Q2AdvancedAnnual report
「Revenue in Asia was ¥10,125 million, up 13.8% year on year, and operating income was ¥385 million, compared with ¥2 million in the same period of the previous year.」
The Asia business posted 13.8% year-on-year revenue growth, while operating income increased from ¥2 million to ¥385 million. Profitability continued to improve in the six months ended the second quarter. - FY2019-Q1AdvancedAnnual report
「Revenue in Asia was ¥4,946 million, up 19.1% year on year, and operating income was ¥187 million, compared with an operating loss of ¥176 million in the same period of the previous year.」
The Asia business posted 19.1% year-on-year revenue growth and swung from an operating loss of ¥176 million to operating income of ¥187 million. - FY2018WorsenedAnnual report
「The company decided to suspend the operations of TBK TECHNOLOGY(THAILAND)CO., LTD., which was established to diversify production of brake friction materials, after determining that a return to profitability was not expected. As a result, it recorded a ¥333 million extraordinary loss as a business restructuring loss.」
As part of its Asia business expansion policy, the company determined that profitability was not expected in the brake friction materials business in Thailand, leading to the decision to suspend operations and record a business restructuring loss. - FY2018-Q3WorsenedAnnual report
「Revenue in Asia was ¥13,884 million, up 21.3% year on year, and operating income was ¥211 million, down 54.7%.」
Revenue in Asia increased, while operating income fell 54.7% year on year, with profitability continuing to deteriorate. - FY2018-Q2WorsenedAnnual report
「Revenue in Asia was ¥8,896 million, up 22.3% year on year, and operating income was ¥2 million, compared with ¥207 million in the same period of the previous year.」
Revenue in Asia increased, but operating income fell sharply from ¥207 million in the same period of the previous year to ¥2 million, indicating deteriorating profitability. - FY2017-Q3AdvancedAnnual report
「Revenue in Asia was ¥11,448 million, up 10.4% year on year, and operating income was ¥467 million, compared with ¥46 million in the same period of the previous year.」
For the nine months ended the third quarter, the Asia business posted 10.4% year-on-year revenue growth, while operating income increased from ¥46 million to ¥467 million, showing further improvement from the previous quarter. - FY2017-Q2AdvancedAnnual report
「Revenue in Asia was ¥7,272 million, up 3.9% year on year, and operating income was ¥207 million, up 22.3%.」
For the six months ended the second quarter, revenue and operating income in Asia exceeded the same period of the previous year, improving from the previous quarter's decline in both revenue and earnings. - FY2017-Q1Lower revenue and earnings in the Asia businessAnnual report
「Revenue in Asia was ¥3,491 million, down 2.6% year on year, and operating income was ¥51 million, down 67.9%.」
The Asia business reported lower revenue and operating income in the first quarter. No change to the policy of expanding the business was disclosed. - FY2016First statedAnnual report
「Overseas, the company is securing new business rights in Asia, centered on Thailand, and investing in increased production capacity to support the local production of Japanese truck manufacturers. It is also working to bring the newly established plant in Thailand into operation at an early stage.」
With Thailand as the core market, the company is pursuing new business rights, capacity expansion to support local production, and the launch of a new plant.