Restructuring of Overseas Partnerships and Subsidiaries and Enhancement of the Sales Structure
First written in FY2016. 24 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-27.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「SPR Auto Technologies Limited (Note) India Engine valves Grant of a non-exclusive license to manufacture, sell and use the products From 5 March 2026 To 4 March 2031 At a meeting held on 28 January 2026, the Board of Directors resolved to implement a merger by absorption between the Company’s consolidated subsidiaries, with Jatos Co., Ltd. as the surviving company and Tetos Co., Ltd. as the absorbed company.」
The technology licensing agreement with India’s SPR Auto Technologies Limited was entered into through 4 March 2031, expanding the Company’s overseas partner network. The Company also announced plans to merge its subsidiaries, with Jatos as the surviving company and Tetos as the absorbed company, effective 1 April 2026. - 2026-05-13AdvancedEarnings
「前年同期比で国内販売は前連結会計年度７月にＭ＆Ａにより取得した株式会社ピーアンドエムを連結の範囲に含めたこと、ならびに前連結会計年度に新規受注した案件による売上増が寄与したことなどにより、前年同期比8.6％の増加となりました。」
ピーアンドエムの連結と新規受注案件が国内販売増加要因として示された。 - FY2026-H1AdvancedAnnual report
「Against this market backdrop, domestic sales increased 10.1% year on year, partly because 株式会社ピーアンドエム, acquired through an M&A transaction in July of the previous fiscal year, was included in the consolidation and because sales from new orders received in the previous fiscal year contributed to growth. Overseas sales increased 51.1%, as the substantial increase in sales to North America outweighed the decline in sales to China. Domestic and overseas sales combined increased 21.4%.」
Within the overseas sales network, overseas sales increased 51.1% year on year, driven by a substantial increase in sales to North America despite lower sales to China. - FY2025AdvancedAnnual report
「Shriram Pistons & Rings Limited India Engine valves Grant of a non-exclusive license to manufacture, sell and use the products From 5 December 2024 To 4 December 2029」
The technology licensing agreement with India’s Shriram Pistons & Rings Limited was renewed through 4 December 2029. Meanwhile, liquidation of FUJI OOZX AMERICA Inc. was completed in March 2025, and ¥199 million in inventory cost compensation related to the end of transactions with European customers was received. - FY2025-H1AdvancedAnnual report
「Overseas sales increased 7.2% due to higher orders for North America,」
Orders for North America through the overseas sales network increased, resulting in a 7.2% year-on-year increase in overseas sales. - FY2024AdvancedAnnual report
「Against this market backdrop, sales by the Group increased 8.2% from the previous fiscal year, reflecting the recovery in automobile manufacturers' production, including efforts to clear back orders, and increased orders for North America. Domestic sales increased 8.3%, while overseas sales increased 7.9%. By region, overseas sales in North America increased 41.3% because of recovering demand and new orders, while sales in Europe decreased 89.0% following the end of transactions with a major customer.」
Overall sales through the overseas sales network increased 7.9%. New orders increased in North America, while the end of transactions with a major customer in Europe led to lower sales. - FY2024-Q3AdvancedAnnual report
「FUJI OOZX MEXICO, S.A. DE C.V. Mexico Engine valves, cotters, retainers and other products Grant of a non-exclusive license to manufacture, sell and use the products From 1 November 2023 To 31 October 2026 A specified percentage of net sales of the licensed products」
The technology licensing agreement with the Mexican subsidiary was renewed, granting a non-exclusive license to manufacture, sell and use engine valves and other products through 31 October 2026. - FY2024-Q2Sales through the overseas sales network declined.Annual report
「Although the recovery in sales by Japanese companies in China has been delayed, domestic sales increased 13.7% year on year and overseas sales decreased 17.2%, as sales benefited from the recovery in automobile manufacturers' production, including efforts to clear back orders, and increased orders for North America. Domestic and overseas sales combined increased 3.7%.」
The sales network through overseas subsidiaries and overseas customers remains in place, but overseas sales fell 17.2% year on year, due in part to the delayed recovery of sales by Japanese companies in China. - FY2024-Q1Sales through the overseas sales network declined.Annual report
「Although the recovery in sales by Japanese companies in China has been delayed, domestic sales increased 15.3% year on year, while overseas sales decreased 15.4%, reflecting the recovery in automobile manufacturers' production, including efforts to clear back orders, and the benefits of passing higher raw material and energy costs on to selling prices, an initiative undertaken since the previous fiscal year. Domestic and overseas sales combined increased 5.6%.」
The overseas sales network remains in place, but overseas sales fell 15.4% year on year, due in part to the delayed recovery of sales by Japanese companies in China. Total domestic and overseas sales increased 5.6%. - FY2023Overseas sales through the sales network declined, including the change in the consolidation period, and also declined after adjusting for the period.Annual report
「Overseas sales declined 30.6% from the previous fiscal year, primarily because the overseas consolidated subsidiaries were consolidated for 12 months in the current fiscal year, compared with 15 months in the previous fiscal year. On a comparison with consolidation of the 12 months from 1 April 2021 to 31 March 2022 for the overseas consolidated subsidiaries, sales declined 16.2%.」
The sales network through overseas subsidiaries and overseas customers remains in place, but overseas sales still declined 16.2% after adjusting for the consolidation period. - FY2023-Q3Overseas sales through the sales network declined, including the change in the consolidation period, and also declined after adjusting for the period.Annual report
「Overseas sales declined 32.6% from the previous corresponding period, primarily because the overseas consolidated subsidiaries were consolidated for 9 months in the current period, compared with 12 months in the previous corresponding period. For the 4 overseas consolidated subsidiaries, the previous corresponding period included operating results for the 12 months from 1 January 2021 to 31 December 2021, following a change in the fiscal year-end and a change to the method of preparing provisional financial statements as of the consolidated reporting date. On a comparison with consolidation of the 9 months from 1 April 2021 to 31 December 2021 for the overseas consolidated subsidiaries, sales declined 13.5%.」
The sales network through overseas subsidiaries and overseas customers remains in place, but overseas sales declined 32.6% in a comparison including the change in the consolidation period and declined 13.5% after adjusting for the period. - FY2023-Q2AdvancedAnnual report
「Partner PT.FUJI OOZX INDONESIA Indonesia Engine valves, cotters, retainers and other products Grant of a non-exclusive license to manufacture, sell and use the products From 26 September 2022 To 25 September 2025 A fixed percentage of net sales of the contracted products」
The technology licensing agreement with the Indonesian subsidiary was renewed, granting a non-exclusive license to manufacture, sell and use the products through 25 September 2025. Overseas sales declined in a comparison that includes differences in the consolidation periods, but increased after adjusting for the periods. - FY2023-Q1Sales performance of the overseas sales structure declinedAnnual report
「The group was also affected by the automobile manufacturers’ production cuts described above. Compared with the same period of the previous year, overseas sales decreased 49.3% because sales from overseas bases declined. For the four overseas consolidated subsidiaries, the previous year included six months of operating results from 1 January 2021 to 30 June 2021 due to the change in fiscal year-end dates and the use of provisional closing procedures at the consolidated closing date; compared with consolidating the subsidiaries for the three months from 1 April 2021 to 30 June 2021, sales decreased 6.8%.」
The sales network through overseas bases in China, Indonesia, Mexico and elsewhere, as well as overseas customers, remains in place, but overseas sales fell 49.3% year on year due to automakers’ production cuts. - FY2022AdvancedAnnual report
「In addition to the gradual recovery in sales to customers, the four overseas consolidated subsidiaries had their operating results for the 15-month period from 1 January 2021 to 31 March 2022 consolidated due to the change in the fiscal year-end and the change to the method of preparing provisional financial statements as of the consolidated fiscal year-end. As a result, overseas sales increased 28.6%.」
The sales structure through overseas subsidiaries and overseas customers recovered, with overseas sales increasing 28.6% on a 15-month consolidated basis. Sales also increased 6.5% on a 12-month comparable basis. - FY2022-Q3AdvancedAnnual report
「Sales to customers in North America recovered from the same period of the previous year, particularly sales from overseas bases, which recovered substantially. In addition, because the four overseas consolidated subsidiaries changed their fiscal year-end dates and began using provisional closing procedures at the consolidated closing date, the group consolidated their operating results for the 12 months from 1 January 2021 to 31 December 2021. As a result, overseas sales increased 46.0% (or 13.7% if the overseas consolidated subsidiaries had been consolidated for the nine months from 1 April 2021 to 31 December 2021).」
Sales to North American customers and from overseas sites recovered, confirming the recovery of the sales structure through higher overseas sales. - FY2022-Q2AdvancedAnnual report
「Sales to North American customers and from overseas sites recovered from the same period of the previous year. In addition, for the four overseas consolidated subsidiaries, the change in the fiscal year-end and the change to the method of preparing provisional financial statements as of the consolidated fiscal year-end resulted in the consolidation of operating results for the 9-month period from 1 January 2021 to 30 September 2021. Accordingly, overseas sales increased 79.7% (or 23.7% if the overseas consolidated subsidiaries had been consolidated for the 6-month period from 1 April 2021 to 30 September 2021).」
Sales to North American customers and from overseas sites recovered, resulting in a 79.7% year-on-year increase in the performance of the overseas sales structure. - FY2022-Q1AdvancedAnnual report
「Sales to customers in the United States and Europe recovered from the same period of the previous year, with sales from overseas sites showing a particularly strong recovery.」
The sales structure through overseas customers and overseas sites recovered from the previous fiscal year, when it declined due to the spread of infectious disease, and this was reflected in higher overseas sales. - FY2021-Q3AdvancedAnnual report
「FUJI OOZX MEXICO, S.A. DE C.V. Mexico Engine valves, cotters, retainers and other products Grant of a non-exclusive license to manufacture, sell and use 24 October 2020 to 31 October 2023 A specified percentage of net sales of the contracted products」
The technology licensing agreement with the Mexican subsidiary was renewed, granting a non-exclusive license to manufacture, sell and use engine valves and other products through 31 October 2023. - FY2021-Q2Continued decline in sales from overseas customers and overseas sitesAnnual report
「Against this market backdrop, the spread of COVID-19 led to continued order declines caused by weak sales, particularly to customers in the United States and Europe, resulting in overseas sales decreasing 20.1% from the same period of the previous year.」
The sales structure through overseas subsidiaries and overseas customers continues, but overseas sales continue to decline due to the impact of the spread of infectious disease. - FY2021-Q2AdvancedAnnual report
「Partner Nationality Contracted products Contract terms Contract period Consideration 富士气門(広東)有限公司 China Engine valves, cotters, retainers and other products Grant of a non-exclusive license to manufacture, sell and use 1 March 2020 to 28 February 2023 A specified percentage of net sales of the contracted products」
A new technology licensing agreement was entered into with 富士气門（広東）有限公司 of China for the period from 1 March 2020 to 28 February 2023. - FY2021-Q1Decline in sales from overseas customers and overseas sitesAnnual report
「Affected by the spread of COVID-19, sales to customers in the United States and Europe declined, particularly sales from overseas bases, resulting in overseas sales decreasing 19.9% from the same period of the previous year.」
Sales declined at overseas sites in China, Indonesia and Mexico and to customers in the United States and Europe as a result of the impact of the spread of infectious disease. - FY2020AdvancedAnnual report
「Against this market backdrop, overseas sales increased 29.6% from the previous period, driven by higher sales to customers in Europe and North America.」
The expansion of sales to customers in Europe and North America was reflected in higher full-year overseas sales. - FY2020-Q3AdvancedAnnual report
「Partner Shriram Pistons & Rings Limited Nationality India Contracted products Engine valves Contract terms Grant of a non-exclusive license to manufacture, sell and use Contract period 5 December 2019 to 4 December 2024 Consideration A specified percentage of net sales of the contracted products」
A new technology licensing agreement was entered into with India's Shriram Pistons & Rings Limited, granting a non-exclusive license to manufacture, sell and use engine valves through 4 December 2024. The geographic scope of the overseas partnership and sales structure is expanding to India. - FY2020-Q2AdvancedAnnual report
「Partner Nationality Contracted products Contract terms Contract period Consideration calculation PT.FUJI OOZX INDONESIA Indonesia Engine valves, cotters, retainers and other products Grant of a non-exclusive license to manufacture, sell and use the products From 26 September 2019 To 25 September 2022 A fixed percentage of net sales of the contracted products」
A new technology licensing agreement was entered into with the Indonesian subsidiary, continuing and developing the manufacturing and sales structure through overseas subsidiaries on a contractual basis. - FY2020-Q1AdvancedAnnual report
「Overseas sales increased 51% from the same period of the previous year, driven by higher sales to European customers and increased sales in local markets following the launch of the overseas production site in Mexico.」
Higher sales to European customers and increased sales in the local market following the launch of the Mexican production site were reflected in the expansion of overseas sales. - FY2019RestatedAnnual report
「We and our subsidiaries 富士气門(広東)有限公司, PT. FUJI OOZX INDONESIA and FUJI OOZX MEXICO, S.A. DE C.V. manufacture and sell products including engine valves. Our subsidiary FUJI OOZX AMERICA Inc. sells to customers products manufactured by the FUJI OOZX Group, including engine valves.」
The overseas sales structure continues through manufacturing and sales subsidiaries in China, Indonesia and Mexico, and the U.S. sales company. - FY2018-Q3AdvancedAnnual report
「Partner Nationality Contracted products Contract terms Contract period Consideration FUJI OOZX MEXICO, S.A. DE C.V. Mexico Engine valves, cotters, retainers and other products Grant of a non-exclusive license to manufacture, sell and use 24 October 2017 to 23 October 2020 A specified percentage of net sales of the contracted products」
A technology licensing agreement was entered into with the Mexican subsidiary, granting a non-exclusive license to manufacture, sell and use the products through 23 October 2020. The manufacturing and sales structure through overseas subsidiaries is being developed. - FY2018-Q2AdvancedAnnual report
「Partner Nationality Contracted products Contract terms Contract period Consideration 富士气門（広東）有限公司 China Engine valves, cotters, retainers and other products Grant of a non-exclusive license to manufacture, sell and use 30 September 2017 to 29 September 2020 A specified percentage of net sales of the contracted products」
A new technology licensing agreement was entered into with 富士气門（広東）有限公司 of China, granting a non-exclusive license to manufacture, sell and use the products through 29 September 2020. - FY2017AdvancedAnnual report
「April 2017: Established FUJI OOZX Inc., Europe Representative Office, a representative office in the Federal Republic of Germany」
The establishment of a representative office in Europe is expanding the scope of the overseas sales structure to Europe. - FY2017-Q3AdvancedAnnual report
「Following the sale of all shares held by us in the equity-method affiliates 新韓バルブ工業株式会社 and 新韓（北京）汽車配件系統有限公司, both companies were excluded from the scope of equity-method accounting.」
Following 新韓バルブ工業株式会社, the procedures for selling all shares of 新韓（北京）汽車配件系統有限公司 were also completed, and both companies were excluded from the scope of equity-method accounting. - FY2017-Q2AdvancedAnnual report
「Following the sale of all shares of 新韓バルブ工業株式会社, an equity-method affiliate held by us, the company was excluded from the scope of equity-method accounting. We also entered into an agreement in July 2016 to terminate the business alliance with 新韓バルブ工業株式会社.」
The sale of all shares of 新韓バルブ工業株式会社 and the execution of the agreement to terminate the business alliance were completed, and the company was excluded from the scope of equity-method accounting. The sale of shares on the 新韓（北京） side is being processed separately, pending approval from the Chinese authorities. - FY2017-Q1AdvancedAnnual report
「The transfer of these shares is expected to result in a loss on a consolidated basis. However, we determined that dissolving the joint venture and transferring the shares was the best course of action to establish a structure enabling us to further expand sales by making maximum use of 富士气門（広東）有限公司, which we made a wholly owned subsidiary last year, in China, the world's largest automobile-producing country. Scheduled sale date: August 2016」
The Board of Directors resolved to transfer all shares of SHK and SHB, with the sale scheduled for August 2016. Reorganization is under way to establish a structure for expanding sales by leveraging the Chinese subsidiary. - FY2016First statedAnnual report
「July 2015: Following the termination of the technical partnership with TRW (U.S.), all shares of TRW Fuji Serina Co.,Ltd. and TRW Fuji Valve Inc. were sold. All shares of 富士气門(広東)有限公司 (now a consolidated subsidiary) were acquired, making it a wholly owned subsidiary. FUJI OOZX AMERICA Inc., a sales company, was established in the United States (now a consolidated subsidiary).」
The entry records the simultaneous termination of the overseas partnership and sale of the equity interest, the conversion of the Chinese subsidiary into a wholly owned subsidiary, and the establishment of the U.S. sales company.