Overseas Sales and Overseas Subsidiary Management Risks
First written in FY2018. 9 of 20 entries say "Worsened", first in FY2020-Q2. Latest entry: FY2025.
Mtg moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2026: 5 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2025Lower revenue and narrower lossesAnnual report
「Revenue for the consolidated fiscal year was ¥1,471 million, down 11.7% year on year, while ordinary loss was ¥481 million, compared with ordinary loss of ¥615 million in the previous consolidated fiscal year.」
While overseas revenue declined, ordinary loss narrowed from ¥615 million to ¥481 million. - FY2024Revenue growth and narrower lossesAnnual report
「Revenue for the fiscal year was ¥1,666 million, up 29.1% from the previous fiscal year, while ordinary loss was ¥615 million, compared with ordinary loss of ¥1,050 million in the previous fiscal year.」
Overseas revenue increased 29.1% year on year, while ordinary loss narrowed from ¥1,050 million to ¥615 million. - FY2024-Q2Lower revenue and narrower lossesAnnual report
「Revenue for the first six months was ¥711 million, down 4.4% year on year, while ordinary loss was ¥325 million, compared with ordinary loss of ¥398 million in the same period of the previous year.」
While the Global Business reported lower revenue, ordinary loss narrowed from ¥398 million in the same period of the previous year to ¥325 million. - FY2024-Q1WorsenedAnnual report
「Revenue for the first quarter was ¥350 million, down 14.5% year on year, while ordinary loss was ¥188 million, compared with ordinary loss of ¥42 million in the same period of the previous year.」
The Global Business reported lower revenue, while ordinary loss widened from ¥42 million in the same period of the previous year to ¥188 million. - FY2023WorsenedAnnual report
「Revenue for the fiscal year was ¥1,290 million, down 31.6% from the previous fiscal year, while ordinary loss was ¥1,050 million, compared with ordinary loss of ¥604 million in the previous fiscal year.」
The decline in Global Business revenue widened, and ordinary loss also widened from ¥604 million to ¥1,050 million. The disclosure cites inventory optimisation in the Chinese market and sales suspensions due to the issue involving treated water from ALPS. - FY2023-Q3WorsenedAnnual report
「Revenue for the first nine months was ¥1,046 million, down 29.3% year on year, while ordinary loss was ¥716 million, compared with ordinary loss of ¥378 million in the same period of the previous year.」
The Global Business reported a 29.3% year-on-year decline in revenue, while ordinary loss widened from ¥378 million to ¥716 million. - FY2023-Q2WorsenedAnnual report
「Revenue for the first six months was ¥744 million, down 32.0% year on year, while ordinary loss was ¥398 million, compared with ordinary profit of ¥30 million in the same period of the previous year.」
The Global Business reported lower revenue and shifted from ordinary profit in the same period of the previous year to ordinary loss. The disclosure describes deterioration in the performance of the business base, including overseas sales and overseas subsidiaries. - FY2023-Q1WorsenedAnnual report
「Revenue for the first quarter was ¥410 million, down 43.0% year on year, while ordinary loss was ¥42 million, compared with ordinary profit of ¥103 million in the same period of the previous year.」
The Global Business reported a 43.0% year-on-year decline in revenue, while ordinary results shifted from a profit of ¥103 million to a loss of ¥42 million. - FY2022WorsenedAnnual report
「Revenue for the fiscal year was ¥1,887 million, down 38.6% from the previous fiscal year, while ordinary loss was ¥604 million, compared with ordinary loss of ¥558 million in the previous fiscal year.」
Revenue in the Global Business fell 38.6%, while ordinary loss widened from ¥558 million to ¥604 million. - FY2022-Q3Sharp decline in overseas revenue, narrower lossAnnual report
「Revenue for the first nine months was ¥1,480 million, down 41.1% year on year, while ordinary loss was ¥378 million, compared with ordinary loss of ¥578 million in the same period of the previous year.」
While the Global Business reported a 41.1% year-on-year decline in revenue, ordinary loss narrowed from ¥578 million to ¥378 million. - FY2022-Q2Continued lower overseas revenue and return to profitabilityAnnual report
「Revenue for the first six months was ¥1,095 million, down 40.6% year on year, while ordinary profit was ¥30 million, compared with ordinary loss of ¥156 million in the same period of the previous year.」
While the Global Business reported a 40.6% year-on-year decline in revenue, ordinary results continued to shift from a loss in the same period of the previous year to a profit. - FY2022-Q1Lower overseas revenue, return to profitabilityAnnual report
「Revenue for the first quarter was ¥719 million, down 8.5% year on year, while ordinary profit was ¥103 million, compared with ordinary loss of ¥136 million in the same period of the previous year.」
While the Global Business reported lower revenue, ordinary results shifted from a loss of ¥136 million in the same period of the previous year to a profit of ¥103 million. - FY2021Lower overseas sales ratio, narrower lossAnnual report
「Revenue for the fiscal year was ¥3,076 million, down 5.5% from the previous fiscal year, while ordinary loss was ¥558 million, compared with ordinary loss of ¥809 million in the previous fiscal year.」
While the Global Business continued to report lower revenue, ordinary loss narrowed from ¥809 million to ¥558 million. Overseas sales accounted for 7.2%. - FY2021-Q3Lower revenue and narrower loss in the overseas businessAnnual report
「Revenue for the cumulative third quarter was ¥2,514 million, down 3.1% year on year, and the ordinary loss was ¥578 million, compared with an ordinary loss of ¥684 million in the same period of the previous year.」
While the Global Business reported lower revenue year on year, ordinary loss narrowed from ¥684 million to ¥578 million. - FY2021-Q1WorsenedAnnual report
「Revenue for the cumulative first quarter was ¥785 million, down 37.8% year on year, and the ordinary loss was ¥136 million, compared with an ordinary loss of ¥49 million in the same period of the previous year.」
Global business revenue declined 37.8% year on year, while the ordinary loss widened from ¥49 million in the same period of the previous year to ¥136 million. - FY2020Lower overseas sales ratio and stronger centralized management by headquartersAnnual report
「In the current consolidated fiscal year, revenue from the global business reached 9.3% of the Group's revenue. Although the Company is strengthening the internal control systems of overseas subsidiaries and the information-gathering system at headquarters, the Group's financial condition, operating results and other aspects may be adversely affected if unforeseen changes in local economic conditions, deterioration in political relations with Japan, deficiencies in the internal control systems of overseas subsidiaries or other issues arise.」
The global business revenue ratio declined from 36.3% in the previous fiscal year to 9.3%, while the Company continued its policy of strengthening management of overseas subsidiaries and information gathering at headquarters. - FY2020-Q3WorsenedAnnual report
「Revenue for the cumulative third quarter was ¥2,595 million, down 57.2% year on year, and the ordinary loss was ¥684 million, compared with an ordinary loss of ¥4,905 million in the same period of the previous year.」
Against the backdrop of a global slowdown in sales due to COVID-19, global business revenue declined 57.2% year on year. Meanwhile, the Company stated that overseas business profitability improved due to the effects of expense reductions. - FY2020-Q2WorsenedAnnual report
「Revenue for the cumulative second quarter was ¥1,728 million, down 60.6% year on year, and the ordinary loss was ¥464 million, compared with an ordinary loss of ¥3,064 million in the same period of the previous year.」
Global sales slowed amid the worldwide impact of COVID-19, resulting in a 60.6% year-on-year decline in global business revenue. - FY2019-Q3MaterialisedAnnual report
「It was discovered that MTG Shanghai, a consolidated subsidiary of the Company, had made false explanations to the accounting auditor and engaged in inappropriate sales transactions.」
A problem previously described as a potential risk related to the internal control system of an overseas subsidiary actually came to light at MTG Shanghai in the form of false explanations and inappropriate transactions. - FY2018First statedAnnual report
「The Company operates sales businesses overseas, mainly in China, Asia, the United States and Europe. In the 23rd consolidated fiscal year, revenue from the global business reached 36.3% of the Group's revenue. The Company is strengthening the internal control systems of overseas subsidiaries and the information-gathering system at headquarters in an effort to prevent overseas sales risks from materializing.」
Against the backdrop of global business revenue reaching 36.3% of total revenue, the Company identifies local economic conditions, political relations and deficiencies in the management of overseas subsidiaries as risks.