Enhancing resilience to foreign exchange fluctuations by increasing the overseas production ratio
First written in FY2016-Q3. 6 of 8 entries say "Advanced", first in FY2017. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AdvancedAnnual report
「Accordingly, during the consolidated fiscal year, Industrial Materials updated and expanded production facilities at its sites in Japan, North America and Europe, while Medical Technology acquired assets related to the medical chart paper business and expanded production facilities at its North American site.」
The Company updated and expanded production capacity at its industrial materials sites in Japan, North America and Europe and at its North American medical site. Capital expenditure amounted to ¥9,611 million, while the investment plan scheduled for completion in 2025 totals ¥15,469 million. - FY2022AdvancedAnnual report
「Accordingly, during the consolidated fiscal year, Industrial Materials updated and expanded production facilities at its sites in North America and Europe and constructed a Sustainable Technology Center at the Koka Plant. Medical Technology updated and expanded production facilities at its North American site.」
The Company updated and expanded production facilities at its industrial materials sites in North America and Europe and at its North American site, and constructed a Sustainable Technology Center at the Koka Plant, with total Group capital expenditure reaching ¥735.9 million. - FY2020AdvancedAnnual report
「In response to these conditions, the Group is working to minimize foreign exchange risk through measures such as localizing production and entering into foreign exchange forward contracts.」
The Company has identified an overseas production and local production-for-local-consumption supply structure as a specific means of managing foreign exchange risk in its annual risk disclosures. - FY2018AdvancedAnnual report
「Accordingly, during the consolidated fiscal year, the Company expanded production capacity at its industrial materials sites in North and Central America and Japan, as well as at Nitech Precision and Technologies Co., Ltd. to support new products in the Devices segment. As a result, capital expenditure amounted to ¥3,064 million for Industrial Materials, ¥5,043 million for Devices, ¥538 million for Medical Technology, ¥17 million for Information and Communications, ¥1,958 million for Other and Corporate (research and development and administration), and ¥10,622 million for the Group as a whole.」
The Company expanded production capacity at its industrial materials sites in North and Central America and Japan and in Devices, with total Group capital expenditure reaching ¥10,622 million. - FY2017AdvancedAnnual report
「Capital investment totaled ¥1,759 million in Industrial Materials, ¥3,857 million in Devices, ¥179 million in Life Innovation, ¥64 million in Information and Communications, ¥3,203 million in Other and Corporate (R&D and administration), and ¥9,063 million for the Group as a whole.」
The Company is investing in equipment, including expanding production capacity at its European site and launching a plant in Malaysia, thereby putting in place an overseas production and local production-for-local-consumption supply structure. - FY2017AdvancedAnnual report
「The automotive market's supply chain is distributed worldwide. To date, the Company has expanded molding facilities in Southeast Asia, the United States and Mexico and has been moving from its traditional export-oriented business model to a local production-for-local-consumption model. This acquisition will establish a global production structure spanning Asia, North America and Latin America, as well as other regions.」
In addition to expanding overseas production sites and shifting to a local production-for-local-consumption model, the Company is acquiring a European site to build foreign exchange resilience and a global supply system. - FY2016-Q4RestatedAnnual report
「In line with the strategy of its Fifth Medium-Term Management Plan, which began on 1 April 2015, the Group is expanding business fields such as automotive, vapor-deposited paper and medical equipment, while expediting the establishment of a business foundation capable of generating sustainable and stable earnings, including by increasing its overseas production ratio to build resilience to foreign exchange fluctuations.」
The Company has reiterated its policy of increasing its overseas production ratio as a means of building resilience to foreign exchange fluctuations. - FY2016-Q3First statedAnnual report
「In its Fifth Three-Year Medium-Term Management Plan, which began on 1 April 2015, the Group is pursuing growth through a reconfiguration of its business portfolio. From the perspective of balanced management, it is moving away from dependence on the highly volatile consumer electronics sector while expediting the establishment of a business foundation capable of generating sustainable and stable earnings, including by increasing its overseas production ratio to build resilience to foreign exchange fluctuations.」
The Company has newly stated its policy of increasing its overseas production ratio as a means of building resilience to foreign exchange fluctuations.