Impact of Capital Expenditures at Overseas Locations and R&D Expenses for New Products and Technologies on Consolidated Results
First written in FY2019-Q1. 17 of 25 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「In recent years, the Automotive Business Division has expanded its domestic and overseas bases in response to automakers' increasing shift to local production. In the fiscal year under review, overseas sales accounted for 56.4% of consolidated net sales, underscoring the importance of overseas bases, and capital investment to expand capacity is expected to increase in order to secure stable sales going forward. In Japan, investment in R&D-related expenses for new fields and products, automated processes and DX initiatives also tends to increase, and these are considered factors that have a significant impact on the Group's consolidated results.」
In addition to overseas capital investment and R&D expenses for new fields, investment in automated processes and DX initiatives is explicitly identified as a factor affecting consolidated results, and the scope has been restructured. - 2026-06-04MaterialisedGeneral Meetings of Shareholders
「As cost increases from the impact of additional tariffs, soaring raw material prices and wage increases continue, we are continuing negotiations to recover these costs.」
Cost increases from additional tariffs, raw material prices and wage increases are reflected in actual results in connection with risks affecting overseas bases, investment and other aspects of the business. - FY2026-H1RestatedAnnual report
「In recent years, the Mirror Systems Business has been expanding its overseas sites to respond to the increasing localization of automobile production by automakers. In the interim consolidated accounting period, overseas sales accounted for 54.4% of consolidated net sales, underscoring the importance of overseas sites, and capital investment is expected to increase to secure stable net sales going forward. In Japan, research and development expenses for new fields and new products also tend to increase, and these are considered factors that could have a material impact on the Group's consolidated results.」
The company has reaffirmed its recognition that capital investment at overseas bases and R&D-related expenses for new fields and products affect consolidated results. The overseas sales ratio has been updated to 54.4%. - FY2025-H1RestatedAnnual report
「In recent years, the Mirror Systems Business has been expanding its overseas sites to respond to the increasing localization of automobile production by automakers. In the interim consolidated accounting period, overseas sales accounted for 54.9% of consolidated net sales, underscoring the importance of overseas sites, and capital investment is expected to increase to secure stable net sales going forward. In Japan, research and development expenses for new fields and new products also tend to increase, and these are considered factors that could have a material impact on the Group's consolidated results.」
The company has reaffirmed its recognition that capital investment at overseas bases and R&D-related expenses for new fields and products affect consolidated results. The overseas sales ratio has been updated to 54.9%. - FY2024-Q3RestatedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 52.3% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for new fields and products could affect consolidated results. The overseas sales ratio was updated to 52.3%. - FY2024-Q2RestatedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 51.7% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for new fields and products could affect consolidated results. The overseas sales ratio was updated to 51.7%. - FY2024-Q1RestatedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 50.16% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for new fields and products could affect consolidated results. - FY2023-Q3RestatedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 53.8% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for new fields and products could affect consolidated results, and updated the overseas sales ratio to 53.8%. - FY2023-Q2RestatedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 53.1% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for new fields and products could affect consolidated results, and updated the overseas sales ratio to 53.1%. - FY2023-Q1RestatedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 54.0% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for new fields and products could affect consolidated results, and updated the overseas sales ratio to 54.0%. - FY2022RestatedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 52.8% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D costs for new fields and products could affect consolidated results, and updated the overseas sales ratio to 52.8%. - FY2022-Q3RestatedAnnual report
「In recent years, the Mirror Systems business has expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 51.3% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for new fields and products could affect consolidated results. The overseas sales ratio was updated to 51.3%. - FY2022-Q2ReframedAnnual report
「In Japan, R&D-related costs for new fields and products also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The risk that overseas capital expenditure and R&D costs will affect results remains, but the specific examples of R&D targets have been changed from floating, contactless interfaces and other technologies to the general wording "new fields and products." - FY2022-Q1RestatedAnnual report
「In recent years, the Mirror Systems business has expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 52.6% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products, such as floating, contactless interfaces, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D costs for new fields and products, such as floating, contactless interfaces, could affect consolidated results. - FY2021ReframedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 41.5% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new fields and products, such as floating, contactless interfaces, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The risk that overseas capital expenditure and R&D costs for new products will affect results has been updated to reflect an overseas sales ratio of 41.5% and new fields including floating, contactless interfaces, rather than electronic mirrors and other products. - FY2021-Q3RestatedAnnual report
「In recent years, the Mirror Systems business has expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 39.9% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable earnings going forward. In Japan, R&D-related costs for new products and technologies, such as electronic mirrors, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for electronic mirrors and other products could materially affect consolidated results. The overseas sales ratio was updated to 39.9%. - FY2021-Q2RestatedAnnual report
「In recent years, the Mirror Systems business has expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 40.1% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable earnings going forward. In Japan, R&D-related costs for new products and technologies, such as electronic mirrors, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for electronic mirrors and other products could materially affect consolidated results. The overseas sales ratio was updated to 40.1%. - FY2021-Q1RestatedAnnual report
「In recent years, the Mirror Systems business has expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 48.7% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable earnings going forward. In Japan, R&D-related costs for new products and technologies, such as electronic mirrors, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for electronic mirrors and other products could materially affect consolidated results. The overseas sales ratio was updated to 48.7%. - FY2020-Q3MaterialisedAnnual report
「Operating income amounted to ¥5,152 million, a decrease of ¥262 million, or 4.8%, from the cumulative third quarter of the previous consolidated fiscal year, mainly due to higher depreciation and amortization associated with capital expenditure for production expansion, as well as intensifying order competition.」
Higher depreciation and amortization resulting from capital expenditure for production expansion materialized, together with intensifying order competition, as a cause of the 4.8% year-on-year decline in operating income. - FY2020-Q2MaterialisedAnnual report
「Operating income amounted to ¥3,472 million, a decrease of ¥138 million, or 3.8%, from the cumulative second quarter of the previous consolidated fiscal year, mainly due to higher depreciation and amortization associated with increased capital expenditure for production expansion, as well as intensifying order competition.」
Higher depreciation and amortization resulting from increased capital expenditure for production expansion materialized, together with intensifying order competition, as a cause of the 3.8% year-on-year decline in operating income. - FY2020-Q1MaterialisedAnnual report
「Operating income amounted to ¥1,687 million, a decrease of ¥125 million, or 6.9%, from the cumulative first quarter of the previous consolidated fiscal year, mainly due to higher depreciation and amortization.」
Higher depreciation and amortization associated with capital expenditure and other factors materialized as a cause of the decline in operating income, indicating that part of the risk that capital expenditure and new product-related costs would affect consolidated results has appeared in actual results. - FY2019RestatedAnnual report
「The Mirror Systems business has recently expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 40.0% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable sales going forward. In Japan, R&D-related costs for new products and technologies, such as electronic mirrors, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that capital expenditure at overseas locations and R&D-related costs for electronic mirrors and other products could materially affect consolidated results. The overseas sales ratio was updated to 40.0%. - FY2019-Q3RestatedAnnual report
「In recent years, the Mirror Systems business has expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 41.1% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable earnings going forward. In Japan, R&D-related costs for new products and technologies, such as electronic mirrors, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that increases in capital expenditure at overseas locations and R&D-related costs for electronic mirrors and other products could materially affect consolidated results. The overseas sales ratio was updated to 41.1%, but the disclosure does not state that the risk from higher costs has actually occurred. - FY2019-Q2RestatedAnnual report
「In recent years, the Mirror Systems business has expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 40.9% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable earnings going forward. In Japan, R&D-related costs for new products and technologies, such as electronic mirrors, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The company has reconfirmed its recognition that increases in capital expenditure at overseas locations and R&D-related costs for electronic mirrors and other products could materially affect consolidated results. The overseas sales ratio was updated to 40.9%, but the disclosure does not state that the impact of higher costs has actually occurred. - FY2019-Q1First statedAnnual report
「In recent years, the Mirror Systems business has expanded its overseas locations to respond to the increasing localization of automobile production by automakers. In the current consolidated fiscal year, overseas sales accounted for 39.6% of consolidated net sales, underscoring the importance of overseas locations, and capital expenditure is expected to increase to secure stable earnings going forward. In Japan, R&D-related costs for new products and technologies, such as electronic mirrors, also tend to increase, and we consider these factors likely to have a material impact on our Group's consolidated results.」
The increase in capital expenditure at overseas locations and R&D-related costs for electronic mirrors and other products is explicitly identified for the first time as a factor that could materially affect consolidated results. Although overseas sales are stated to account for 39.6%, the disclosure does not state that the impact of higher costs has actually occurred.