Komori
Nihon Flush (7820) · InitiativeAdvanced

Expanded its business scope in China to turnkey contracts including interior construction

First written in FY2016. 14 of 29 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2027-H1.

29entries
11years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2019 – FY2020OtherFY2023-Q1 – FY2024-Q22016: 320162017: 420172018: 220182019: 220192020: 220202021: 220212022: 320222023: 420232024: 220242025: 220252026: 32026
Same theme, other companies
Expansion into Turnkey Interior Construction Orders 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.

Full recordFilings, disclosures and news, newest first
  1. FY2027-H1AdvancedAnnual report

    「Construction work - 983,716」

    Revenue from construction work in China was ¥983.716 million, up from ¥821.434 million in the same period of the previous year. Interim-period performance in the turnkey order area, including construction work, expanded.
  2. FY2026Full-year revenue from interior construction and installation declinedAnnual report

    「Design and construction of interior works - 1,629,095」

    Revenue from the design and construction of interior works in China was ¥1,629,095 thousand, down from ¥2,021,694 thousand in the previous year.
  3. FY2026Full-year revenue from interior construction and installation declinedAnnual report

    「Design and construction of interior works - 1,629,095」

    Revenue from the design and construction of interior works in China was ¥1,629,095 thousand, down from ¥2,021,694 thousand in the previous year.
  4. FY2026-H1Midyear construction work revenue declinedAnnual report

    「Construction work - 821,434」

    Revenue from construction work in China was ¥821,434 thousand, down from ¥1,098,958 thousand in the same period of the previous year. Midyear performance in the turnkey contract business, including construction, fell below the same period of the previous year.
  5. FY2025Revenue from interior works and construction in China declinedAnnual report

    「Design and construction of interior works - 2,021,694」

    Revenue from the design and construction of interior works in China was ¥2,021,694 thousand, down from ¥2,898,295 thousand in the previous year. Performance in the turnkey contract business, including construction, contracted from the previous year.
  6. FY2025-H1AdvancedAnnual report

    「Construction work - 1,098,958」

    Revenue from construction work in China was ¥1,098,958 thousand, exceeding ¥1,051,560 thousand in the same period of the previous year. Revenue performance in the turnkey contract business, including construction, increased.
  7. FY2024-Q3AdvancedAnnual report

    「Construction work - 1,920,905」

    Revenue from construction work in China was ¥1,920,905 thousand, up from ¥1,431,787 thousand in the same period of the previous year. Performance in the business areas including construction increased further from the cumulative second-quarter level.
  8. FY2024-Q2Cumulative construction work revenue for the second quarter increasedAnnual report

    「Construction work - 1,051,560」

    Revenue from construction work in China was ¥1,051,560 thousand, up from ¥769,537 thousand in the same period of the previous year. It also increased from ¥275,197 thousand in the previous cumulative quarter.
  9. FY2024-Q1First-quarter revenue from construction work increasedAnnual report

    「Construction work - 275,197」

    Revenue from construction work in China was ¥275,197 thousand, up from ¥247,500 thousand in the same period of the previous year. Construction revenue, which had declined for the full previous fiscal year, turned upward in the first quarter.
  10. FY2023Full-year revenue from interior construction and installation declinedAnnual report

    「Design and construction of interior works - 1,819,538」

    Revenue from the design and construction of interior works in China was ¥1,819,538 thousand, down from ¥3,333,444 thousand in the previous year.
  11. FY2023-Q3Cumulative construction work revenue for the third quarter declinedAnnual report

    「Construction work − 1,431,787」

    Revenue from construction work in China was ¥1,431,787 thousand, down from ¥1,939,972 thousand in the same period of the previous year.
  12. FY2023-Q2Cumulative construction work revenue for the second quarter declined year on yearAnnual report

    「Construction work − 769,537」

    Revenue from construction work in China was ¥769,537 thousand, down from ¥984,901 thousand in the same period of the previous year. Meanwhile, it increased from ¥247,500 thousand in the previous cumulative quarter.
  13. FY2023-Q1First-quarter revenue from construction work declinedAnnual report

    「Construction work − 247,500」

    Revenue from construction work in China was ¥247,500 thousand, down from ¥444,317 thousand in the same period of the previous year.
  14. FY2022-Q3AdvancedAnnual report

    「Construction work − 1,939,972」

    Revenue from construction work in China was ¥1,939,972 thousand, up from ¥984,901 thousand in the previous quarterly report. Performance in the business areas including construction is expanding.
  15. FY2022-Q2AdvancedAnnual report

    「Construction work − 984,901」

    The disaggregated revenue information shows ¥984,901 thousand in revenue from construction work in China, quantifying the performance of the turnkey contract business, including construction.
  16. FY2021RestatedAnnual report

    「To meet demand in China, we will establish and maintain a high-quality construction management system across China.」

    The company continues to pursue a policy of establishing and maintaining a high-quality construction management system throughout China.
  17. FY2020AdvancedAnnual report

    「In addition, 吉屋(青島)家居有限公司, the housing equipment manufacturing company producing sinks, washbasins, storage furniture and other products, began operating steadily from the middle of the fiscal period while working to improve productivity and quality, and its production and sales volume increased significantly from the previous fiscal year.」

    In the business areas in China, including construction and the supply of housing equipment, the housing equipment manufacturing company began operating steadily from the middle of the fiscal period, and its production and sales volume increased significantly year on year.
  18. FY2020-Q3AdvancedAnnual report

    「The residential-fixtures manufacturing company 吉屋(青岛)家居有限公司, which began operations in October 2017 and produces sinks, storage furniture and other products, entered stable operation in the second half of the current fiscal year while working to improve productivity and quality. Its manufacturing and sales volume has increased significantly from the previous fiscal year.」

    吉屋青島家居's housing equipment manufacturing company began operating steadily in the second half of the current fiscal year, and its production and sales volume increased significantly year on year.
  19. FY2020-Q2AdvancedAnnual report

    「The residential-fixtures manufacturing company 吉屋(青岛)家居有限公司, which began operations in October 2017 and produces sinks, storage furniture and other products, has entered stable operation while working to improve productivity and quality, and expects manufacturing and sales to increase from the second half of the fiscal year.」

    The residential-fixtures manufacturing company entered stable operation and progressed to the stage of expecting an increase in manufacturing and sales from the second half of the fiscal year.
  20. FY2019AdvancedAnnual report

    「The residential interior-construction company established in June 2016 has accumulated a track record of high-quality construction and will continue to strengthen its construction structure and expand its construction regions. The residential-fixtures manufacturing company, which began trial operations in October 2017 and produces sinks, washbasins, storage furniture and other products, has secured orders sufficient to generate a profit, although not yet at a satisfactory level. It will pursue stable operations while working to improve productivity and quality.」

    The interior-construction company accumulated a track record of construction, while the residential-fixtures manufacturing company progressed to the stage of securing orders sufficient to generate a profit.
  21. FY2018RestatedAnnual report

    「Furthermore, 吉屋(烟台)集成建筑科技有限公司, the residential interior-construction joint venture established in June 2016, is conducting sales activities smoothly. 吉屋(青岛)家居有限公司, the manufacturing and sales company for sinks, washbasins, storage boxes and other products established in July 2016, completed its factory in September 2017 and began trial operations in October.」

    The Group continues to report sales activities at the interior-construction company and trial operations at the residential-fixtures manufacturing company, maintaining a turnkey-contract structure covering construction and product supply.
  22. FY2018-Q3AdvancedAnnual report

    「Furthermore, 吉屋(烟台)集成建筑科技有限公司, the residential interior-construction joint venture established in June 2016, is conducting sales activities smoothly. 吉屋(青岛)家居有限公司, the manufacturing and sales company for sinks, washbasins, storage boxes and other products established in July 2016, completed its factory in September 2017 and began trial operations in October.」

    While sales activities at the interior-construction joint venture continued, the residential-fixtures manufacturing and sales company began trial operations in October 2017 after completing its factory, progressing to the operating stage of its turnkey-contract structure.
  23. FY2018-Q2AdvancedAnnual report

    「Furthermore, 吉屋(烟台)集成建筑科技有限公司, the residential interior-construction joint venture established in June 2016, is currently conducting sales activities smoothly. The factory of 吉屋(青岛)家居有限公司, the manufacturing and sales company for sinks, washbasins, storage boxes and other products established in July 2016, was completed in September this year.」

    While sales activities at the interior-construction joint venture continued, the factory of the residential-fixtures manufacturing and sales company was completed in September 2017, advancing the development of a turnkey-contract structure.
  24. FY2018-Q1RestatedAnnual report

    「Furthermore, in June 2016 the Group established 吉屋(烟台)集成建筑科技有限公司, a residential interior-construction joint venture, and is conducting sales activities smoothly. In July 2016, it established 吉屋(青岛)家居有限公司, a manufacturing and sales company for sinks, washbasins, storage boxes and other products. Factory construction is currently under way, with full-scale production scheduled to begin in October 2017.」

    The Group continues sales activities at the interior-construction joint venture and factory construction at the residential-fixtures manufacturing and sales company, reiterating the plan to begin full-scale production in October 2017.
  25. FY2017SoftenedAnnual report

    「Furthermore, in June 2016 the Group established 吉屋(烟台)集成建筑科技有限公司, a residential interior-construction joint venture, and is conducting sales activities smoothly. In July 2016, it established 吉屋(青岛)家居有限公司, a manufacturing and sales company for sinks, washbasins, storage furniture and other products. Factory construction is currently under way, with full-scale production scheduled to begin in October 2017.」

    The 2 companies have been established and the interior-construction company continues its sales activities, while the scheduled start of full-scale production at the residential-fixtures manufacturing company changed from July 2017, as stated in the previous quarter, to October 2017.
  26. FY2017-Q3AdvancedAnnual report

    「Furthermore, in June this year the Group established 吉屋(烟台)集成建筑科技有限公司, a residential interior-construction joint venture, and is currently conducting sales activities smoothly. In July, it established 吉屋(青岛)家居有限公司, a manufacturing and sales company for sinks, washbasins, storage boxes and other products. Construction of the factory is currently under way, with operations scheduled to begin in July 2017.」

    Following the establishment of the interior-construction company, sales activities progressed, while the residential-fixtures manufacturing company was also established and its factory entered the construction phase. The development of a turnkey-contract structure covering construction and the supply of residential fixtures progressed to a concrete stage accompanied by a scheduled start of operations.
  27. FY2017-Q2AdvancedAnnual report

    「Furthermore, on 16 June this year, the Group established the residential interior-construction joint venture 吉屋(烟台)集成建筑科技有限公司 and began sales activities. On 7 July this year, it established 吉屋(青岛)家居有限公司, a manufacturing and sales company for sinks, washbasins, storage boxes and other products.」

    The plan to establish an interior-construction company for turnkey contracts in China progressed to the concrete stage of establishment and commencement of sales activities.
  28. FY2017-Q1AdvancedAnnual report

    「For the interior-construction company 吉屋(烟台)集成建筑科技有限公司, payment of the capital contribution was completed on 5 August 2016, and for the residential-fixtures manufacturing company 吉屋(青岛)家居有限公司, on 21 July 2016. The ownership interests are 55% for the Group and 45% for 烟台市红旗置业有限公司.」

    The original joint-venture plan progressed to the concrete stage of establishing 2 companies, an interior-construction company and a residential-fixtures manufacturing company, and completing the capital contributions. However, full-scale operations at both companies remain a future plan.
  29. FY2016First statedAnnual report

    「In fiscal 2015, the Group received orders for 91,000 housing units from major developers with construction-management personnel and delivered its products, including doors, frames, interior fittings and storage, together with installation. Including floors, walls and residential fixtures would create a large turnkey interior-fit-out market. Accordingly, because it was necessary to establish a construction-management structure promptly, the Group decided to establish a joint venture with 烟台市红旗置业有限公司, which holds a Class 1 interior-construction qualification.」

    The Group describes the establishment of a joint-venture construction-management structure to expand its scope from individual products to turnkey interior fit-outs including floors, walls and residential fixtures.
Moved together

"New production lines for storage furniture, washbasins and sinks" moved the same way as this thread, in the same document, in 10 of its 28 moves.

1097776★123456
  1. ★This thread
  2. 1New production lines for storage furniture, washbasins and sinks10×
  3. 2Expansion of China's manufacturing and sales network9×
  4. 3China operations as a pillar of the growth strategy, delivering high growth7×
  5. 4Capital investment to improve productivity and support new products7×
  6. 5Labor-saving equipment and line reorganization at the head office, Kunshan and Jiangxi plants7×
  7. 6Tap into China's shell-apartment market through its distributor network6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Nihon Flush yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.