Profit pressure from overseas subsidiary launch costs
First written in FY2017-Q1. 3 of 5 entries say "Restated". Latest entry: FY2018.
1 other company's latest entry also says "Dropped".
- FY2018DroppedAnnual reportThe FY2018 securities report contains no specific statement identifying costs of establishing overseas subsidiaries as a factor weighing on profit.
- FY2017RestatedAnnual report
「Profit fell below the level of the previous year due to increased costs of establishing overseas subsidiaries as part of the Group's global expansion, foreign exchange effects and other factors.」
The increase in costs of establishing overseas subsidiaries is also cited in the annual report as a factor weighing on profit, together with foreign exchange effects and other factors. - FY2017-Q3RestatedAnnual report
「Profit fell below the level of the same period of the previous year due to increased costs of establishing overseas subsidiaries as part of the Group's global expansion, foreign exchange effects, and amortization expenses related to the valve business acquired from Mitsubishi Heavy Industries Machine Tool Co., Ltd.」
The increase in costs of establishing overseas subsidiaries continues to be cited as a factor weighing on profit, together with foreign exchange effects and amortization expenses following the business acquisition. - FY2017-Q2RestatedAnnual report
「Profit was lower than in the same period of the previous year due to the impact of foreign-exchange losses resulting from yen appreciation and higher start-up costs for overseas subsidiaries as part of the Group's global expansion.」
The increase in costs of establishing overseas subsidiaries continued to weigh on profit, resulting in a quarterly net loss attributable to owners of the parent of ¥269 million. - FY2017-Q1First statedAnnual report
「Profit was lower than in the same period of the previous year due to higher start-up costs for overseas subsidiaries as part of the Group's global expansion and foreign-exchange losses resulting from yen appreciation.」
The increase in costs of establishing overseas subsidiaries as part of the Group's global expansion actually occurred as a factor contributing to the decline in profit for the quarter.