Komori
Nihon Flush (7820) · TargetAdvanced

Structural reform of the China business: diversification of products and sales destinations

First written in FY2026. 1 of 2 entries say "Advanced", first in FY2027-H1. Latest entry: FY2027-H1.

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ProgressHeldSoftenedWorseFirst statedFY20262026: 22026
Same theme, other companies
Diversification of Sales Channels and Product Mix in ChinaA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

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  1. FY2027-H1AdvancedAnnual report

    「Against this backdrop, as announced in the first quarter, the company is pursuing a transformation of its business structure. Specifically, it is working to diversify its products, sales channels and target countries. As a result of these sales efforts in line with this policy, the company is steadily advancing this transformation, including through the signing of contracts and the start of deliveries.」

    The structural reform of the China business has progressed from the stage of presenting a plan to implementing diversification of products, sales channels and target countries, including the signing of contracts and the start of deliveries.
  2. FY2026First statedAnnual report

    「"Structural reform of the China business: diversification of products and sales destinations" Unit: ¥ million Sales destination Products FY2025 actual FY2026 plan FY2027 plan Sales Ratio Sales Ratio Sales Ratio For developers Doors and other building fittings, furniture, sinks, etc. 12,029 88% 6,398 61% 4,140 30% Route sales Doors and other building fittings, furniture, sinks, etc. 1,017 7% 2,300 22% 2,760 20% For hotels Fire-resistant and high-sound-insulation doors, fixtures, etc. 29 0% 460 4% 2,760 20% For commercial facilities Counters, commercial shelving, fixtures, etc. 245 2% 345 3% 460 3% For export All products 55 0% 460 4% 2,300 16% Other Doors and other building fittings, etc. 235 2% 573 5% 1,493 11% Total 13,611 100% 10,536 100% 13,913 100%」

    For the China business, first presented a numerical plan to diversify sales destinations and the product mix, reducing the sales ratio for developers from 88% in FY2025 actual results to 30% in the FY2027 plan, while expanding route sales and sales to hotels, commercial facilities and export markets.
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