Murakami (7292) · InitiativeAdvanced
Responding to Expanding Demand Through the Establishment of a New Base in Foshan, China
First written in FY2017. 1 of 2 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2021-Q1.
2entries
4years
0from disclosures
How it moved
Same theme, other companies
Establishment of Overseas Subsidiaries and Restructuring of Operating BasesA theme 57 companies write about · 1 as a headwind · 55 as a tailwind
29 other companies' latest entry also says "Advanced".
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Showing 14 of the 57 companies compared. The sentences above are computed from all 57.Full recordFilings, disclosures and news, newest first
- FY2021-Q1AdvancedAnnual report
「Foshan Murakami Automotive Parts Co., Ltd. and Tianjin Murakami Automotive Parts Co., Ltd., which were unconsolidated subsidiaries in the previous consolidated fiscal year, have been included in the scope of consolidation from the first quarter of the current consolidated fiscal year because their materiality has increased.」
The materiality of 2 companies, including the Foshan base in China, increased and they were added to the scope of consolidation. The business importance of bases serving the Chinese market has progressed to the specific accounting stage of consolidation. - FY2017First statedAnnual report
「In China, we established Foshan Murakami Automotive Parts Co., Ltd. in Foshan, Guangdong Province, last October as a new base for manufacturing and selling rearview mirrors, and will address growing demand in the Chinese market.」
The company established a base for manufacturing and selling rearview mirrors in Foshan, Guangdong Province, and explicitly stated for the first time that it would address rising demand in the Chinese market.