In-house capture of added value in Southeast Asia
First written in FY2019-Q1. 5 of 15 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.
Nihon Plast moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 5 of 17 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Rationalization benefits outweighed by lower revenue and a decline in high-margin vehicle modelsAnnual report
「Despite profitability improvements through rationalization and other factors, segment profit decreased by ¥438 million, or 33.1%, from the previous period to ¥887 million due to the negative impact of lower revenue, reduced production of high-margin vehicle models and other factors.」
In Southeast Asia, profitability improvements through rationalization continued, but profit decreased due to lower revenue and reduced production of high-margin vehicle models. - FY2026-H1Rationalization benefits have been overtaken by lower revenue and reduced production of high-margin vehicle modelsAnnual report
「Despite profitability improvements through rationalization and other factors, segment profit decreased by ¥189 million, or 25.1%, year on year to ¥565 million due to the negative impact of lower revenue, reduced production of high-margin vehicle models and other factors.」
In Southeast Asia, profitability improvements through rationalization continued, but profit decreased by 25.1% due to lower revenue and reduced production of high-margin vehicle models. - FY2024-Q3AdvancedAnnual report
「Revenue in Southeast Asia increased by ¥515 million, or 20.0%, year on year to ¥3,085 million due to customers' production recovery as the semiconductor supply shortage eased, the new-vehicle effect, the impact of higher revenue from foreign exchange translation and other factors. Segment profit increased by ¥421 million, or 909.7%, year on year to ¥467 million due to the impact of higher revenue, profitability improvements through rationalization and other factors.」
Profitability improvements through rationalization and other factors continued, with segment profit in Southeast Asia increasing 909.7% year on year to ¥467 million. - FY2024-Q2AdvancedAnnual report
「Revenue in Southeast Asia increased by ¥232 million, or 13.7%, year on year to ¥1,930 million due to customers' production recovery as the semiconductor supply shortage eased, the new-vehicle effect, the impact of higher revenue from foreign exchange translation and other factors. Segment profit was ¥235 million, compared with a segment loss of ¥58 million in the same period of the previous year, achieving profitability due to the impact of higher revenue, profitability improvements through rationalization and other factors.」
Profitability improvements through rationalization and other factors continued in Southeast Asia, with segment profit turning from a ¥58 million loss in the same period of the previous year to profit of ¥235 million and achieving profitability. - FY2024-Q1AdvancedAnnual report
「Revenue in Southeast Asia increased by ¥160 million, or 21.4%, year on year to ¥909 million due to customers' production recovery as the semiconductor supply shortage eased, the new-vehicle effect, foreign exchange effects and other factors. Segment profit was ¥105 million, compared with a segment loss of ¥79 million in the same period of the previous year, marking a return to profitability due to the impact of higher revenue, profitability improvements through rationalization and other factors.」
In Southeast Asia, profitability improvements through rationalization and other factors are described, and segment profit turned from a ¥79 million loss in the same period of the previous year to profit of ¥105 million. - FY2023-Q3Rationalization benefits have been overtaken by higher raw material costs and an unfavorable vehicle mixAnnual report
「Revenue in Southeast Asia increased by ¥267 million, or 11.6%, year on year to ¥2,570 million due to foreign exchange effects and other factors. Despite efforts to improve profitability through rationalization, segment profit decreased by ¥245 million, or 84.1%, year on year to ¥46 million due to soaring raw material prices, an unfavorable vehicle mix and other factors.」
In Southeast Asia, efforts to improve profitability through rationalization continued, but profit decreased by 84.1% year on year due to soaring raw material prices and an unfavorable vehicle mix. - FY2022RestatedAnnual report
「Segment profit increased by ¥276 million, or 546.8%, from the previous period to ¥327 million due to the impact of higher revenue and operational efficiencies implemented during the COVID-19 pandemic, among other factors.」
In Southeast Asia, operational efficiencies and other factors, which replaced in-house capture of added value as the explanation, continue to drive profit improvement. - FY2022-Q1ReframedAnnual report
「Revenue in Southeast Asia increased slightly by ¥25 million, or 2.8%, year on year to ¥910 million, as the impact of COVID-19 in the same period of the previous year was limited. Segment profit was ¥145 million, compared with a segment loss of ¥9 million in the same period of the previous year, due to operational efficiencies implemented during the COVID-19 pandemic and other factors.」
The explanation of profit improvement in Southeast Asia has shifted from the previous in-house capture of added value and new-vehicle effect to operational efficiencies implemented during the COVID-19 pandemic and other factors. - FY2020ReframedAnnual report
「Revenue in Southeast Asia increased by ¥681 million, or 20.7%, from the previous period to ¥3,977 million due to the launch of new front-impact safety components and other factors. Despite the positive impact of higher revenue, segment profit decreased by ¥92 million, or 14.4%, from the previous period to ¥549 million due to higher start-up costs at the new site in Vietnam and other factors.」
The explanation of profit in Southeast Asia has shifted from the in-house capture of added value to an emphasis on higher revenue from front-impact safety components and start-up costs at the new site in Vietnam. - FY2020-Q3ReframedAnnual report
「Revenue in Southeast Asia increased by ¥592 million, or 24.3%, year on year to ¥3,030 million due to the launch of new front-impact safety components and other factors. Despite the positive impact of higher revenue, segment profit decreased by ¥134 million, or 24.9%, year on year to ¥406 million due to higher start-up costs at the new site in Vietnam and other factors.」
The explanation of profit factors in Southeast Asia has shifted from the previous emphasis on in-house capture of added value and the new-vehicle effect to the impact of higher revenue and start-up costs at the new site in Vietnam. - FY2020-Q2ReframedAnnual report
「Revenue in Southeast Asia increased by ¥566 million, or 39.5%, year on year to ¥1,999 million due to the launch of new front-impact safety components and other factors. Segment profit increased by ¥75 million, or 35.6%, year on year to ¥288 million due to the impact of higher revenue and the new-vehicle effect, among other factors.」
The explanation of profit factors in Southeast Asia has shifted from the previously stated in-house capture of added value to the impact of higher revenue and the new-vehicle effect, among other factors. - FY2019AdvancedAnnual report
「Revenue in Southeast Asia increased by ¥304 million, or 10.2%, from the previous period to ¥3,296 million due to increased production by major customers. Segment profit was ¥642 million, compared with a segment loss of ¥100 million in the previous period, due to the in-house capture of added value and the new-vehicle effect.」
In Southeast Asia, the in-house capture of added value and the new-vehicle effect continued to contribute to profit improvement, with segment profit turning from a ¥100 million loss in the previous year to profit of ¥642 million. - FY2019-Q3AdvancedAnnual report
「Revenue in Southeast Asia increased by ¥87 million, or 3.7%, year on year to ¥2,438 million due to increased production by major customers. Segment profit was ¥541 million, compared with a segment loss of ¥125 million in the same period of the previous year, due to the in-house capture of added value and the new-vehicle effect.」
In Southeast Asia, the in-house capture of added value and the new-vehicle effect continued to drive profit improvement, with the improvement widening from a loss in the same period of the previous year to profit of ¥541 million. - FY2019-Q2RestatedAnnual report
「Although revenue declined in North America, operating profit increased 18.3% year on year to ¥2,089 million and ordinary profit increased 13.4% to ¥2,134 million, helped by the new-vehicle effect in Japan and the in-house capture of added value in Asia, among other factors. Revenue in Southeast Asia increased by ¥72 million, or 5.3%, year on year to ¥1,433 million due to increased production by major customers. Segment profit was ¥212 million, compared with a segment loss of ¥148 million in the same period of the previous year, due to the in-house capture of added value and the new-vehicle launch effect.」
The in-house capture of added value in Asia, particularly Southeast Asia, continues to be cited as a factor behind consolidated profit growth and the region's return to profitability. - FY2019-Q1First statedAnnual report
「Operating profit increased 46.3% year on year to ¥1,292 million, mainly due to the in-house capture of added value in Southeast Asia and other factors. Segment profit was ¥75 million, compared with a segment loss of ¥65 million in the same period of the previous year, mainly due to the in-house capture of added value and other factors.」
The in-house capture of added value in Southeast Asia is described for the first time as a specific means of improving consolidated operating profit and segment profit in the region.