Rising overseas production ratio and declining domestic production
First written in FY2016-Q3. 6 of 7 entries say "Reframed", first in FY2016. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023ReframedAnnual report
「Japan (¥ thousand) 3,446,490 △7.7 China (¥ thousand) 4,326,262 △30.8 Thailand (¥ thousand) 742,485 △6.3 Total (¥ thousand) 8,515,239 △21.0」
The initial simple explanation of higher overseas production and lower domestic production has shifted to location-level data showing production declining at all locations in Japan, China and Thailand during the period, with an overall decline of 21.0%. - FY2021ReframedAnnual report
「Japan (¥ thousand) 4,475,945 16.4 China (¥ thousand) 5,422,343 64.3 Thailand (¥ thousand) 583,336 14.7 Total (¥ thousand) 10,481,626 37.0」
Although production in Japan, China and Thailand all declined in the previous fiscal year, production increased at every location during the period, led by a 64.3% increase in China, resulting in an overall increase of 37.0%. - FY2020ReframedAnnual report
「Japan (¥ thousand) 3,844,024 △14.5 China (¥ thousand) 3,300,885 △6.7 Thailand (¥ thousand) 508,422 △6.2 Total (¥ thousand) 7,653,333 △10.8」
The location-level data now show production declining year on year in Japan, China and Thailand, with an overall decline of 10.8%. - FY2019ReframedAnnual report
「Japan (¥ thousand) 4,494,941 29.4 China (¥ thousand) 3,539,576 △10.4 Thailand (¥ thousand) 542,200 46.4 Total (¥ thousand) 8,576,718 10.0」
The simple structural explanation of higher overseas production and lower domestic production has shifted to location-level data showing higher production in Japan and Thailand, lower production in China and an overall increase of 10.0%. - FY2017ReframedAnnual report
「Japan (¥ thousand) 3,064,203 3.8 China (¥ thousand) 3,728,947 17.7 Thailand (¥ thousand) 227,461 41.2 Total (¥ thousand) 7,020,612 11.8」
The previous simple structural explanation of higher overseas production and lower domestic production has shifted to location-level data showing year-on-year increases in production at each of the Japan, China and Thailand segments during the period. - FY2016ReframedAnnual report
「Japan (¥ thousand) 2,950,926 0.5 China (¥ thousand) 3,168,019 △31.2 Thailand (¥ thousand) 161,050 2.2 Total (¥ thousand) 6,279,997 △18.4」
Annual production results show Japan up 0.5% year on year, China down 31.2% and Thailand up 2.2%, indicating different trends by location rather than the previous explanation that overseas production was increasing while domestic production was declining. - FY2016-Q3First statedAnnual report
「The proportion of overseas production continued to increase, while domestic production declined.」
The Company describes a structural shift in its production system as an increase in overseas production and a decline in domestic production.