Komori
Kokusai (7722) · FactContinued decline in manufacturing outsourcing

Increase in manufacturing outsourcing from South Korea

First written in FY2019-Q1. 4 of 8 entries say "Restated". Latest entry: FY2024-Q2.

8entries
6years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2024-Q22018: 220182019: 420192020: 120202021: 020212022: 020222023: 12023
Same theme, other companies
Changes in intra-group manufacturing outsourcing for the Korea segmentA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2024-Q2Continued decline in manufacturing outsourcingAnnual report

    「Although shipments and acceptance inspections of balancing machines for a major South Korean automotive-related manufacturer increased, manufacturing outsourcing from our group declined.」

    In South Korea, shipments and acceptance inspections of balancing machines increased, while the decline in manufacturing outsourcing from our group continued.
  2. FY2020-Q3RestatedAnnual report

    「Although manufacturing outsourcing from our group declined, shipments and acceptance inspections of balancing machines for a major South Korean automotive-related manufacturer and automatic shaft-straightening machines for an automotive parts manufacturer increased. As a result, revenue increased, and ordinary profit increased compared with the same quarter of the previous year.」

    In South Korea, manufacturing outsourcing continued to decline, while revenue and profit continued to increase due to higher shipments and acceptance inspections of balancing machines and other products.
  3. FY2020-Q2Manufacturing outsourcing changed to a declineAnnual report

    「Although shipments and acceptance inspections of balancing machines for a major South Korean automotive-related manufacturer increased, manufacturing outsourcing from our group declined. As a result, revenue decreased, while ordinary profit increased compared with the same quarter of the previous year.」

    In the South Korean segment, manufacturing outsourcing from our group, which had previously been increasing, declined. Meanwhile, ordinary profit increased 22.4% year on year due to higher shipments and acceptance inspections of balancing machines.
  4. FY2020-Q1DroppedAnnual report

    「Shipments and acceptance inspections of balancing machines for a major South Korean automotive-related manufacturer increased.」

    The explanation of the South Korean segment for the quarter did not mention manufacturing outsourcing from our group, which had been mentioned previously, and instead described an increase in shipments and acceptance inspections of balancing machines.
  5. FY2019RestatedAnnual report

    「Although shipments and acceptance inspections of electric servo motor-type vibration testing machines and manufacturing outsourcing from our group increased, shipments and acceptance inspections of balancing machines for a major South Korean automotive-related manufacturer declined as they were pushed back to the following consolidated fiscal year.」

    In South Korea, manufacturing outsourcing and shipments and acceptance inspections of vibration testing machines increased, while balancing machine projects were carried over.
  6. FY2019-Q3RestatedAnnual report

    「Although shipments and acceptance inspections of automatic shaft-straightening machines for a major South Korean automotive-related manufacturer were pushed back to the fourth quarter, shipments and acceptance inspections of electric servo motor-type vibration testing machines increased, as did manufacturing outsourcing from our group. As a result, revenue increased, and ordinary profit increased compared with the same quarter of the previous year.」

    In South Korea, some projects were pushed back to the fourth quarter, while shipments and acceptance inspections of vibration testing machines and manufacturing outsourcing increased, resulting in a 5.2% year-on-year increase in revenue and a 32.0% increase in ordinary profit.
  7. FY2019-Q2RestatedAnnual report

    「Although shipments and acceptance inspections of balancing machines for a major South Korean automotive-related manufacturer declined as they were pushed back to the third quarter, shipments and acceptance inspections of electric servo motor-type vibration testing machines and automatic shaft-straightening machines increased, and manufacturing outsourcing from our group increased substantially. As a result, revenue increased, and ordinary profit increased compared with the same quarter of the previous year.」

    In South Korea, some balancing machine projects were pushed back to the third quarter, while shipments and acceptance inspections of vibration testing machines and other products, as well as manufacturing outsourcing, increased, resulting in revenue of ¥933 million and ordinary profit of ¥132 million.
  8. FY2019-Q1First statedAnnual report

    「Shipments and acceptance inspections of balancing machines, electric servo motor-type vibration testing machines and automatic shaft-straightening machines for a major South Korean automotive-related manufacturer were carried over to the second quarter and beyond, while manufacturing outsourcing from our group increased substantially.」

    In the South Korean segment, some shipments and acceptance inspections were carried over, while manufacturing outsourcing from our group increased substantially.
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