Strengthening Sales in China and East Asian Countries
First written in FY2016. 23 of 41 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「In overseas markets, shipments to South Korea were strong compared with the previous fiscal year. As a result, sales in that market during the consolidated fiscal year increased 20.3% year on year to ¥182 million.」
Strong shipments to South Korea drove full-year overseas sales to ¥182 million, up 20.3% year on year. - FY2026-H1AdvancedAnnual report
「In overseas markets, shipments to South Korea were strong compared with the same period of the previous year, resulting in sales in these markets of ¥109 million for the interim consolidated period, up 46.4% year on year.」
Strong shipments to South Korea drove interim overseas sales to ¥109 million, up 46.4% year on year. - FY2025AdvancedAnnual report
「In overseas markets, shipments to China were strong compared with the previous fiscal year, resulting in sales in these markets of ¥151 million for the consolidated fiscal year, up 28.6% year on year.」
Strong shipments to China drove full-year overseas sales to ¥151 million, up 28.6% year on year. - FY2025-H1WorsenedAnnual report
「In overseas markets, shipments to South Korea and Hong Kong were weak compared with the same period of the previous year. As a result, sales in that market for the interim consolidated fiscal period decreased 6.5% year on year to ¥74 million.」
Weak shipments to South Korea and Hong Kong resulted in interim overseas-market sales decreasing 6.5% year on year to ¥74 million. - FY2024WorsenedAnnual report
「In overseas markets, facility projects from the beginning of the year declined year on year due in part to the sluggish economy in our core Chinese market. As a result, sales in that market for the fiscal year decreased 21.4% year on year to ¥117 million.」
Facility projects declined in the core Chinese market due to the sluggish economy, resulting in full-year overseas-market sales decreasing 21.4% year on year to ¥117 million. - FY2024-Q3WorsenedAnnual report
「In overseas markets, facility projects from the beginning of the year declined year on year due in part to the sluggish economy in our core Chinese market. As a result, sales in that market for the cumulative third quarter decreased 22.5% year on year to ¥92 million.」
The sluggish economy in the core Chinese market led to a decline in facility projects from the beginning of the year, resulting in overseas-market sales decreasing 22.5% year on year to ¥92 million. - FY2024-Q3AdvancedAnnual report
「This project concerns a joint venture and strategic partnership in the sleep-related field, one area of Haier's senior health business, leveraging Haier's platforms for research and development, manufacturing and sales. Our company will focus on technical cooperation in medical and nursing-care electric beds and related equipment, and will further strengthen its position in the Chinese market by developing a joint venture with Haier.」
A resolution was passed to enter into a business partnership with a Haier group company and establish a joint venture, which is scheduled for establishment in May 2024. The joint venture will have capital of CNY 50 million, with Haier holding 66% and our company 34%, giving concrete form to the strengthening of our sales and business base in the Chinese market. - FY2024-Q1AdvancedAnnual report
「In overseas markets, strong shipments to South Korea and Hong Kong resulted in sales in that market for the cumulative first quarter increasing 33.0% year on year to ¥40 million.」
Strong shipments to South Korea and Hong Kong resulted in overseas-market sales increasing 33.0% year on year to ¥40 million. - FY2023AdvancedAnnual report
「In overseas markets, progress on projects for facilities at our consolidated subsidiary 富若慈（上海）貿易有限公司 was delayed due in part to mobility restrictions under China's "zero-COVID policy." However, increased orders for facility projects in South Korea and other factors resulted in sales in that market for the fiscal year increasing 24.4% year on year to ¥149 million.」
Although facility projects in China continued to be delayed, increased orders for facility projects in South Korea resulted in full-year overseas-market sales increasing 24.4% year on year to ¥149 million. - FY2023-Q3AdvancedAnnual report
「In overseas markets, progress on projects for facilities at our consolidated subsidiary 富若慈（上海）貿易有限公司 was delayed due in part to mobility restrictions under China's "zero-COVID policy." However, increased orders for facility projects in South Korea and other factors resulted in sales in that market for the cumulative third quarter increasing 13.9% year on year to ¥118 million.」
Although progress on facility projects in China was delayed, increased orders for facility projects in South Korea resulted in overseas-market sales increasing 13.9% year on year to ¥118 million. - FY2023-Q2WorsenedAnnual report
「In overseas markets, progress on projects for facilities at our consolidated subsidiary 富若慈（上海）貿易有限公司 was delayed due in part to mobility restrictions under China's "zero-COVID policy." As a result, sales in that market for the cumulative second quarter decreased 26.7% year on year to ¥56 million.」
Mobility restrictions under China's zero-COVID policy delayed facility projects, resulting in overseas-market sales decreasing 26.7% year on year. - FY2023-Q1WorsenedAnnual report
「In overseas markets, sales results at our consolidated subsidiary 富若慈（上海）貿易有限公司 for the care-rental market declined from the same quarter of the previous year, among other factors. As a result, sales in that market for the cumulative first quarter decreased 8.9% year on year to ¥30 million.」
The decline in the Shanghai subsidiary's sales to the care-rental market resulted in overseas-market sales decreasing 8.9% year on year to ¥30 million. - FY2022WorsenedAnnual report
「In overseas markets, the sales activities of our consolidated subsidiary 富若慈（上海）貿易有限公司 were also severely restricted as the renewed spread of COVID-19 in China restricted economic activity through lockdowns. As a result, overseas-market sales for the fiscal year decreased 34.6% year on year to ¥120 million.」
The renewed spread of COVID-19 and lockdowns in China severely restricted the Shanghai subsidiary's sales activities, resulting in full-year overseas-market sales decreasing 34.6% year on year to ¥120 million. - FY2022-Q3WorsenedAnnual report
「At our consolidated subsidiary 富若慈（上海）貿易有限公司, performance declined as the renewed spread of COVID-19 in China restricted economic activity through lockdowns. As a result, overseas-market sales for the cumulative third quarter decreased 15.8% year on year to ¥104 million.」
The renewed spread of COVID-19 and restrictions on economic activity caused by lockdowns in China led to a decline in the Shanghai subsidiary's performance, and overseas-market sales decreased 15.8% year on year to ¥104 million. - FY2022-Q2WorsenedAnnual report
「In overseas markets, although we won a senior-care facility project in South Korea, demand at our consolidated subsidiary 富若慈（上海）貿易有限公司 declined due to a change in the eligibility criteria for the care-rental market, causing the subsidiary's performance to decline. As a result, overseas-market sales for the cumulative second quarter decreased 1.0% year on year to ¥76 million.」
Although the company won a senior-care facility project in South Korea, demand at the Shanghai subsidiary declined due to a change in the eligibility criteria for the care-rental market, resulting in overseas-market sales decreasing 1.0% year on year to ¥76 million. - FY2022-Q1AdvancedAnnual report
「In overseas markets, demand for the care-rental market fell sharply at our consolidated subsidiary 富若慈（上海）貿易有限公司 due to a change in the eligibility criteria, causing the subsidiary's performance to decline. However, we won a senior-care facility project in South Korea, resulting in overseas-market sales for the cumulative first quarter increasing 13.4% year on year to ¥33 million.」
At the Shanghai subsidiary, demand for the care-rental market fell sharply due to a change in the eligibility criteria, but the company won a senior-care facility project in South Korea, resulting in overseas-market sales increasing 13.4% year on year to ¥33 million. - FY2021AdvancedAnnual report
「At our consolidated subsidiary 富若慈（上海）貿易有限公司, senior-care facility projects decreased substantially from the previous fiscal year due to the spread of COVID-19, but our focus on sales to the care-rental market resulted in overseas-market sales for the fiscal year increasing 3.0% year on year to ¥184 million.」
Amid a decline in senior-care facility projects, the company focused on sales to the care-rental market, and overseas-market sales increased 3.0% year on year to ¥184 million. - FY2021-Q3AdvancedAnnual report
「At our consolidated subsidiary 富若慈（上海）貿易有限公司, senior-care facility projects decreased substantially due to the spread of COVID-19, but our focus on sales to the care-rental market resulted in overseas-market sales for the cumulative third quarter increasing 1.7% year on year to ¥124 million.」
While senior-care facility projects decreased substantially, the company focused on sales to the care-rental market, and overseas-market sales increased 1.7% year on year to ¥124 million. - FY2021-Q2WorsenedAnnual report
「Our consolidated subsidiary 富若慈（上海）貿易有限公司 achieved stable shipment results by focusing on sales to the care-rental market. However, senior-care facility projects decreased substantially from the same quarter of the previous year, resulting in overseas-market sales for the cumulative second quarter decreasing 19.4% year on year to ¥77 million.」
Shipments to the care-rental market remained stable, but a substantial decline in senior-care facility projects resulted in overseas-market sales decreasing 19.4% year on year to ¥77 million. - FY2021-Q1WorsenedAnnual report
「Our consolidated subsidiary 富若慈（上海）貿易有限公司 achieved stable shipment results by focusing on sales to the care-rental market. However, senior-care facility projects decreased substantially from the same quarter of the previous year, resulting in overseas-market sales for the cumulative first quarter decreasing 36.1% year on year to ¥29 million.」
Shipments to the care-rental market remained stable, but a substantial decline in senior-care facility projects resulted in overseas-market sales decreasing 36.1% year on year to ¥29 million. - FY2020Overseas sales increased, but growth was constrained by the spread of infectionAnnual report
「Although our consolidated subsidiary 富若慈（上海）貿易有限公司 conducted sales activities not only to win orders from senior-care facilities in China but also targeting the care-rental market, product shipments were repeatedly postponed as economic activity in China was restricted by the spread of COVID-19 from the beginning of 2020. As a result, overseas-market sales for the fiscal year increased only 11.5% year on year to ¥178 million.」
Sales to senior-care facilities and the care-rental market continued, resulting in overseas sales increasing 11.5% year on year to ¥178 million, while growth was constrained by restrictions on economic activity and shipment postponements caused by COVID-19. - FY2020-Q3WorsenedAnnual report
「Although our consolidated subsidiary 富若慈（上海）貿易有限公司 conducted sales activities not only to win orders from senior-care facilities in China but also targeting the care-rental market, product shipments were repeatedly postponed as economic activity in China was restricted by the spread of COVID-19. As a result, overseas-market sales for the cumulative third quarter decreased 6.8% year on year to ¥121 million.」
The company pursued sales to Chinese senior-care facilities and the care-rental market, but restrictions on economic activity in China and shipment postponements resulting from the spread of COVID-19 caused overseas-market sales to decrease 6.8% year on year to ¥121 million. - FY2020-Q2AdvancedAnnual report
「As our consolidated subsidiary 富若慈（上海）貿易有限公司 conducted sales activities not only to win orders from senior-care facilities in China but also targeting the care-rental market, overseas-market sales for the cumulative second quarter increased 6.2% year on year to ¥96 million.」
In addition to Chinese senior-care facility projects, the company pursued sales to the care-rental market, and cumulative overseas-market sales for the second quarter increased 6.2% year on year to ¥96 million. - FY2020-Q1AdvancedAnnual report
「As our consolidated subsidiary 富若慈（上海）貿易有限公司 conducted sales activities not only to win orders from senior-care facilities in China but also targeting the care-rental market, overseas-market sales for the cumulative first quarter increased 113.9% year on year to ¥46 million.」
In addition to Chinese senior-care facility projects, the company pursued sales to the care-rental market, and overseas-market sales increased 113.9% year on year to ¥46 million. - FY2019WorsenedAnnual report
「Although our consolidated subsidiary 富若慈（上海）貿易有限公司 conducted sales activities focused on winning orders from senior-care facilities in China, scheduled delivery dates were delayed due in part to the slowdown in the Chinese economy. Overseas-market sales for the fiscal year decreased 11.1% year on year to ¥160 million.」
The slowdown in the Chinese economy and delays in scheduled delivery dates resulted in full-year overseas-market sales decreasing 11.1% year on year to ¥160 million. - FY2019-Q3Sales increased, but delivery delays continued to constrain growthAnnual report
「Although our consolidated subsidiary 富若慈（上海）貿易有限公司 conducted sales activities focused on winning orders from senior-care facilities in China, growth remained somewhat weak due to delays in scheduled delivery dates and other issues. Overseas-market sales for the cumulative third quarter increased 4.1% year on year to ¥130 million.」
The company continued efforts to win senior-care facility projects in China, but delays in scheduled delivery dates and other issues constrained growth. Meanwhile, overseas-market sales increased 4.1% year on year to ¥130 million. - FY2019-Q2WorsenedAnnual report
「Although our consolidated subsidiary 富若慈（上海）貿易有限公司 conducted sales activities focused on winning orders from senior-care facilities in China, delays in scheduled delivery dates and other issues occurred, resulting in overseas-market sales for the cumulative second quarter decreasing 16.6% year on year to ¥90 million.」
The Shanghai subsidiary pursued senior-care facility projects, but delays in scheduled delivery dates and other issues resulted in overseas-market sales decreasing 16.6% year on year to ¥90 million. - FY2019-Q1WorsenedAnnual report
「As large-scale projects were scarce at our consolidated subsidiary 富若慈（上海）貿易有限公司, sales in that market for the cumulative first quarter decreased 57.6% year on year to ¥21 million.」
A shortage of large-scale projects at the Shanghai subsidiary resulted in overseas-market sales decreasing 57.6% year on year to ¥21 million. - FY2018AdvancedAnnual report
「As a result of focusing on winning orders from senior-care facilities, primarily through our consolidated subsidiary 富若慈（上海）貿易有限公司, sales in that market for the fiscal year increased 28.2% year on year to ¥180 million.」
Efforts to win senior-care facility projects, primarily through the Shanghai subsidiary, resulted in overseas-market sales increasing 28.2% year on year to ¥180 million. - FY2018-Q3AdvancedAnnual report
「As a result of focusing on winning orders from senior-care facilities, primarily through our consolidated subsidiary 富若慈（上海）貿易有限公司, overseas-market sales for the cumulative third quarter increased 30.4% year on year to ¥125 million.」
The company continued efforts to win senior-care facility projects, primarily through its Shanghai subsidiary, and overseas-market sales increased 30.4% year on year to ¥125 million. - FY2018-Q2AdvancedAnnual report
「As a result of focusing on winning orders from senior-care facilities, primarily through our consolidated subsidiary 富若慈（上海）貿易有限公司, overseas-market sales for the cumulative second quarter increased 118.3% year on year to ¥108 million.」
The company continued efforts to win senior-care facility projects, primarily through its Shanghai subsidiary, and overseas-market sales increased 118.3% year on year to ¥108 million. - FY2018-Q1AdvancedAnnual report
「As a result of focusing on winning orders from senior-care facilities, primarily through our consolidated subsidiary 富若慈（上海）貿易有限公司, overseas-market sales for the cumulative first quarter increased 80.5% year on year to ¥51 million.」
The company continued efforts to win senior-care facility projects, primarily through its Shanghai subsidiary, and overseas-market sales increased 80.5% year on year to ¥51 million. - FY2017AdvancedAnnual report
「As a result of focusing on winning orders from senior-care facilities, primarily through our consolidated subsidiary 富若慈（上海）貿易有限公司, overseas-market sales for the fiscal year increased 102.4% year on year to ¥140 million.」
Winning senior-care facility projects, primarily through the Chinese subsidiary, resulted in overseas sales increasing 102.4% year on year to ¥140 million. Sales results also accumulated in Vietnam and Indonesia, in addition to China and South Korea. - FY2017-Q3AdvancedAnnual report
「As a result of focusing on winning orders from senior-care facilities, primarily through our consolidated subsidiary 富若慈（上海）貿易有限公司, overseas-market sales for the cumulative third quarter increased 101.6% year on year to ¥96 million.」
Efforts to win senior-care facility projects, primarily through the Shanghai subsidiary, resulted in overseas-market sales increasing 101.6% year on year to ¥96 million. - FY2017-Q2AdvancedAnnual report
「As a result of focusing on winning orders from senior-care facilities, primarily through our consolidated subsidiary 富若慈（上海）貿易有限公司, overseas-market sales for the cumulative second quarter increased 52.8% year on year to ¥49 million.」
The company continued efforts to win senior-care facility projects, primarily through its Shanghai subsidiary, and overseas-market sales increased 52.8% year on year to ¥49 million. - FY2017-Q1AdvancedAnnual report
「As a result of focusing on winning orders from senior-care facilities, primarily through our consolidated subsidiary 富若慈（上海）貿易有限公司, overseas-market sales for the cumulative first quarter increased 55.6% year on year to ¥28 million.」
The company focused on winning senior-care facility projects, primarily through its Shanghai subsidiary, and overseas-market sales increased 55.6% year on year. - FY2016First statedAnnual report
「With respect to strengthening sales in that country, we aim to expand earnings, including by expanding sales offices through our distributor network. In addition, to expand sales of our products and develop new customers in the Chinese market, we established our consolidated subsidiary 富若慈（上海）貿易有限公司 in August 2015 and will work to further accelerate business development and expand our sales channels.」
Establishment of a Chinese subsidiary and expansion of sales in East Asia through a distributor network.