Launch of New Models in the United States and Establishment of a Stable Mass-Production System
First written in FY2016. 10 of 14 entries say "Restated". Latest entry: FY2024-Q3.
2 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Revenue was ¥98,242 million, up 15.6% year on year, and operating profit was ¥6,755 million, up 634.1% year on year, partly due to increased sales of automobile clutches in the United States and the weaker yen.」
Increased sales of automobile clutches in the United States led to higher revenue and operating profit. No statement indicates the launch of new models or completion of a stable mass-production system. - FY2023AdvancedAnnual report
「Capital expenditures for the fiscal year, including intangible assets, amounted to ¥8,319 million. The main capital expenditures were for the acquisition of buildings in Japan, the expansion of production capacity for automobile clutches in the United States and the expansion of production capacity for motorcycle clutches in India, among other items.」
The company made capital expenditures during the fiscal year to expand production capacity for automobile clutches in the United States. - FY2023-Q3RestatedAnnual report
「Despite the impact of production cuts, revenue was ¥84,712 million, up 32.2% year on year, partly due to increased sales of automobile clutches in the United States and the weaker yen. Operating profit was ¥777 million, down 61.8% year on year, partly reflecting the impact of production cuts and higher raw material prices.」
Although increased sales of automobile clutches in the United States are disclosed, operating profit fell 61.8% year on year. Completion of the launch of new models or a stable mass-production system is not indicated. - FY2023-Q2RestatedAnnual report
「Despite the impact of production cuts, revenue was ¥56,283 million, up 35.4% year on year, partly due to increased sales of automobile clutches in the United States and the weaker yen.」
Revenue increased due to higher sales of automobile clutches in the United States and the weaker yen. No completion of a stable mass-production system for clutches for 10-speed automatic transmissions or new launch milestones are specified. - FY2021AdvancedAnnual report
「The main capital expenditures were for expanding production capacity for automobile clutches in the United States and motorcycle clutches in India, among other items.」
The company made capital expenditures during the fiscal year to expand production capacity for automobile clutches in the United States. - FY2020RestatedAnnual report
「In the four-wheel business, while sales of light trucks in the United States remained generally strong, the company proceeded with increased production of clutches for 10-speed automatic transmissions.」
For clutches for 10-speed automatic transmissions in the United States, the company has continued to increase production from the previous fiscal year. Completion of a stable mass-production system is not stated. - FY2020-Q3RestatedAnnual report
「Although sales of automobile clutches for ZF in the United States and Changan Ford in China declined, sales to Ford and GM in the United States increased, resulting in revenue of ¥69,646 million, up 1.0% year on year. Operating profit was ¥2,939 million, down 23.1% year on year, partly reflecting the increased amortisation burden and other factors.」
Revenue from automobile clutches increased due to higher sales to Ford and GM in the United States, but operating profit fell 23.1% year on year due to lower sales to ZF and Changan Ford in China and the increased amortisation burden. Completion of a stable mass-production system is not indicated. - FY2020-Q2RestatedAnnual report
「Although sales of automobile clutches for ZF and FCA in the United States and Changan Ford in China declined, sales to Ford and GM in the United States increased, resulting in revenue of ¥47,791 million, up 2.2% year on year.」
Although increased sales to Ford and GM in the United States are disclosed, sales to ZF and FCA and to Changan Ford in China declined. No statement indicates the launch of new models or completion of a stable mass-production system. - FY2019RestatedAnnual report
「In the four-wheel business, while sales of light trucks in the United States remained strong, the company worked to establish a stable mass-production system for clutches for 10-speed automatic transmissions and to improve profitability.」
For clutches for 10-speed automatic transmissions in the United States, the company continues to work toward establishing a stable mass-production system, following its previous efforts to increase production. Completion is not stated. - FY2019-Q3RestatedAnnual report
「Partly due to increased sales of automobile clutches for Ford and GM in the United States, revenue was ¥68,932 million, up 4.6% year on year.」
Increased sales to Ford and GM in the United States are disclosed, but no statement indicates the launch of new models or completion of a stable mass-production system. - FY2018AdvancedAnnual report
「In the four-wheel business, while sales of light trucks in the United States remained strong, the company proceeded with increased production of clutches for 10-speed automatic transmissions and worked to improve profitability.」
For clutches for 10-speed automatic transmissions in the United States, the company has identified the product and is proceeding with measures to increase production. Completion of a stable mass-production system is not stated. - FY2017RestatedAnnual report
「In particular, the company will focus on launching new models and improving profitability in the United States.」
The launch of new models and improved profitability in the United States continue to be explicitly identified as priority issues. Although unit sales in the United States increased, higher launch costs are also disclosed, and completion is not indicated. - FY2017-Q3RestatedAnnual report
「Although unit sales of automobile clutches increased in the United States, revenue was ¥61,166 million, down 5.8% year on year, partly due to the stronger yen. Operating profit was ¥2,714 million, up 2.5% year on year, despite the impact of the stronger yen and higher US launch costs, partly due to the benefit of increased revenue in Mexico and the absence of the impairment loss recorded in the previous fiscal year.」
While unit sales in the United States continued to increase, US launch costs rose. No statement indicates completion of the launch of new models in the United States or the establishment of a mass-production system. - FY2016First statedAnnual report
「The company will focus on launching new models and improving profitability in the United States.」
The company identifies “launching new models in the United States and establishing a stable mass-production system” as an immediate issue for automobile clutches.