Thai Subsidiary to Eliminate Losses through New Customer Development and Increased Orders
First written in FY2016. 25 of 33 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-14.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「In Thailand, sales of power tool components increased, resulting in revenue of ¥514 million, up 16.8% year on year, and an operating loss of ¥4 million, compared with an operating loss of ¥13 million in the same period of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders for power tool components, 16.8% sales growth, and a reduction in the operating loss from ¥13 million to ¥4 million. An operating loss remains. - FY2025-H1AdvancedAnnual report
「In Thailand, the company purchased 1 280-ton injection molding machine and 1 450-ton injection molding machine. Revenue increased as sales of power tool components rose to ¥440 million, up 53.1% year on year, while the operating loss was ¥13 million, compared with an operating loss of ¥26 million in the same period of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites the purchase of 2 injection molding machines, increased orders for power tool components, 53.1% sales growth, and a reduction in the operating loss from ¥26 million to ¥13 million. An operating loss remains, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2024-Q2WorsenedAnnual report
「In Thailand, orders for power tool components declined, resulting in revenue of ¥287 million, down 33.6% year on year, and an operating loss of ¥26 million, compared with an operating loss of ¥4 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the operating loss widened from ¥4 million to ¥26 million due to lower orders, indicating a retreat from the goal of exiting the loss-making position. - FY2024-Q1WorsenedAnnual report
「In Thailand, lower orders for power tool components resulted in revenue of ¥136 million, down 51.8% year on year, and an operating loss of ¥12 million, compared with operating income of ¥12 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, operating results shifted from a ¥12 million profit to a ¥12 million loss due to lower orders for power tool components, indicating a retreat from the goal of exiting the loss-making position. - FY2023AdvancedAnnual report
「In Thailand, orders for power tool components declined, resulting in revenue of ¥756 million, down 4.8% year on year, and an operating loss of ¥20 million, compared with an operating loss of ¥25 million in the previous fiscal year.」
For the Thai subsidiary’s target of exiting the loss-making position, the full-year operating loss narrowed from ¥25 million to ¥20 million. The operating loss remains, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2023-Q3AdvancedAnnual report
「In Thailand, increased orders resulted in revenue of ¥598 million, up 5.5% year on year, and an operating loss of ¥7 million, compared with an operating loss of ¥20 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 5.5% sales growth, and a reduction in the operating loss from ¥20 million to ¥7 million. An operating loss remains, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2023-Q2AdvancedAnnual report
「In Thailand, increased orders resulted in revenue of ¥433 million, up 30.6% year on year, and an operating loss of ¥4 million, compared with an operating loss of ¥25 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 30.6% sales growth, and a reduction in the operating loss from ¥25 million to ¥4 million. An operating loss remains, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2023-Q1AdvancedAnnual report
「In Thailand, increased orders resulted in revenue of ¥283 million, up 54.9% year on year, and operating income of ¥12 million, compared with an operating loss of ¥9 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 54.9% sales growth, and a shift in operating results from a ¥9 million loss to a ¥12 million profit. It does not state that the subsidiary has continuously completed its exit from the loss-making position. - FY2022-Q3AdvancedAnnual report
「In Thailand, increased orders resulted in revenue of ¥567 million, up 38.4% year on year, and an operating loss of ¥20 million, compared with an operating loss of ¥35 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 38.4% sales growth, and a reduction in the operating loss from ¥35 million to ¥20 million. An operating loss remains, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2022-Q2WorsenedAnnual report
「In Thailand, lower orders resulted in revenue of ¥332 million, up 30.3% year on year, and an operating loss of ¥25 million, compared with an operating loss of ¥21 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure states that sales increased, but orders declined and the operating loss widened from ¥21 million to ¥25 million. It does not state that the exit from the loss-making position has been completed. - FY2022-Q1AdvancedAnnual report
「In Thailand, higher orders resulted in revenue of ¥182 million, up 124.5% year on year, and an operating loss of ¥9 million, compared with an operating loss of ¥18 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 124.5% sales growth, and a reduction in the operating loss from ¥18 million to ¥9 million. An operating loss remains, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2021AdvancedAnnual report
「In Thailand, higher orders resulted in revenue of ¥569 million, up 19.3% year on year, and an operating loss of ¥43 million, compared with an operating loss of ¥93 million in the previous fiscal year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 19.3% sales growth, and a reduction in the operating loss from ¥93 million to ¥43 million. An operating loss remains, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2021-Q3AdvancedAnnual report
「In Thailand, higher orders resulted in revenue of ¥409 million, up 9.7% year on year, but operating loss was ¥35 million, compared with an operating loss of ¥61 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 9.7% sales growth, and a reduction in the operating loss from ¥61 million to ¥35 million. The operating loss continued, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2021-Q2AdvancedAnnual report
「In Thailand, lower orders resulted in revenue of ¥254 million, down 6.4% year on year, and an operating loss of ¥21 million, compared with an operating loss of ¥44 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the operating loss narrowed from ¥44 million in the same period of the previous year to ¥21 million. Meanwhile, sales declined 6.4% due to lower orders, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2021-Q1AdvancedAnnual report
「In Thailand, lower orders resulted in revenue of ¥81 million, down 39.2% year on year, and an operating loss of ¥18 million, compared with an operating loss of ¥19 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the operating loss narrowed from ¥19 million in the same period of the previous year to ¥18 million. Meanwhile, sales declined 39.2% due to lower orders, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2020AdvancedAnnual report
「In Thailand, lower orders resulted in revenue of ¥477 million, down 12.8% year on year, while the operating loss improved to ¥93 million, compared with an operating loss of ¥102 million in the previous fiscal year, due to lower depreciation expense following the recognition of an impairment loss in the previous fiscal year.」
For the Thai subsidiary’s target of exiting the loss-making position, the operating loss narrowed from ¥102 million to ¥93 million. The disclosure also states that lower orders, lower sales, and the operating loss continued, and does not state that the exit from the loss-making position has been completed. - FY2020-Q3AdvancedAnnual report
「In Thailand, lower orders resulted in revenue of ¥373 million, down 13.5% year on year, but the operating loss improved to ¥61 million, compared with an operating loss of ¥82 million in the same quarter of the previous year, partly due to lower depreciation expense following the recognition of an impairment loss in the previous fiscal year.」
For the Thai subsidiary’s target of exiting the loss-making position, the operating loss narrowed from ¥82 million in the same period of the previous year to ¥61 million. However, the disclosure states that the decline in sales due to lower orders and the operating loss continued, and does not state that the exit from the loss-making position has been completed. - FY2020-Q2AdvancedAnnual report
「In Thailand, revenue was ¥272 million, down 1.5% year on year, and operating loss was ¥44 million, compared with an operating loss of ¥54 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the operating loss narrowed from ¥54 million in the same period of the previous year to ¥44 million. Meanwhile, sales declined 1.5%, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2020-Q1AdvancedAnnual report
「In Thailand, lower orders for automotive components resulted in revenue of ¥133 million, down 4.7% year on year, while the operating loss narrowed to ¥19 million from ¥26 million in the same quarter of the previous year due to lower depreciation expense.」
For the Thai subsidiary’s target of exiting the loss-making position, the operating loss narrowed from ¥26 million to ¥19 million. Meanwhile, sales declined 4.7% due to lower orders for automotive parts, and the disclosure does not state that the exit from the loss-making position has been completed. - FY2019AdvancedAnnual report
「In Thailand, higher orders resulted in revenue of ¥547 million, up 44.1% year on year, and an operating loss of ¥102 million, compared with an operating loss of ¥119 million in the previous fiscal year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 44.1% sales growth, and a reduction in the operating loss from ¥119 million to ¥102 million. It does not state that the exit from the loss-making position has been completed. - FY2019-Q3AdvancedAnnual report
「In Thailand, higher orders resulted in revenue of ¥432 million, up 57.8% year on year, but operating loss was ¥82 million, compared with an operating loss of ¥83 million in the same quarter of the previous year, as capacity utilization remained low.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders, 57.8% sales growth, and a reduction in the operating loss from ¥83 million to ¥82 million. It does not state that the exit from the loss-making position has been completed. - FY2019-Q2AdvancedAnnual report
「In Thailand, higher new orders resulted in revenue of ¥276 million, up 55.8% year on year, but operating loss was ¥54 million, compared with an operating loss of ¥57 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased new orders, 55.8% sales growth, and a reduction in the operating loss from ¥57 million to ¥54 million. It does not state that the exit from the loss-making position has been completed. - FY2019-Q1AdvancedAnnual report
「In Thailand, higher orders for automotive components and resin molds resulted in revenue of ¥140 million, up 100.9% year on year, and an operating loss of ¥26 million, compared with an operating loss of ¥31 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, the disclosure cites increased orders for automotive parts and resin molds, 100.9% sales growth, and a reduction in the operating loss from ¥31 million to ¥26 million. It does not state that the exit from the loss-making position has been completed. - FY2018-Q3WorsenedAnnual report
「In Thailand, higher orders resulted in revenue of ¥273 million, up 87.7% year on year, but operating loss was ¥83 million, compared with an operating loss of ¥59 million in the same quarter of the previous year, as capacity utilization remained low.」
For the Thai subsidiary’s target of exiting the loss-making position, increased orders and 87.7% sales growth are presented as progress, while the operating loss widened from ¥59 million to ¥83 million due to the low operating rate, indicating that the target has not yet been achieved. - FY2018-Q2WorsenedAnnual report
「In Thailand, higher new orders resulted in revenue of ¥177 million, up 90.9% year on year, but the operating loss widened to ¥57 million, compared with an operating loss of ¥40 million in the same quarter of the previous year, due to a higher manufacturing cost ratio.」
For the target of exiting the loss-making position, new orders and 90.9% sales growth are cited as progress, but the operating loss widened from ¥40 million to ¥57 million due to the higher manufacturing cost ratio, indicating that the target has not yet been achieved. - FY2018-Q1WorsenedAnnual report
「In Thailand, higher orders for automotive components and resin molds resulted in revenue of ¥69 million, up 49.1% year on year, and an operating loss of ¥31 million, compared with an operating loss of ¥15 million in the same quarter of the previous year.」
For the Thai subsidiary’s target of exiting the loss-making position, increased orders and 49.1% sales growth are presented as progress, while the operating loss widened from ¥15 million to ¥31 million, indicating that the target has not yet been achieved. - FY2017AdvancedAnnual report
「Since the Group expanded into Thailand, the Thai subsidiary's operations have continued to fall short of initial expectations. To exit losses as soon as possible, the company will focus on developing new customers, while also working to implement rational, low-loss production methods and deliver high-quality products to customers in a timely manner.」
The Thai subsidiary’s target of exiting the loss-making position remains in place, with new customer development, rational production methods with less waste, and the ability to deliver high-quality products on short lead times identified as measures. The subsidiary also posted an operating loss of ¥87 million for the current period, and the disclosure does not state that it has completed its exit from the loss-making position. - FY2017-Q3AdvancedAnnual report
「In Thailand, higher orders resulted in revenue of ¥145 million, up 12.8% year on year, but operating loss was ¥59 million, compared with an operating loss of ¥63 million in the same quarter of the previous year, as capacity utilization remained low.」
Against the goal of enabling the Thai subsidiary to exit losses, the company reports increased orders, a 12.8% increase in net sales, and a reduction in operating loss from ¥63 million to ¥59 million. The operating loss continues, and the company does not state that the exit from losses has been completed. - FY2017-Q2AdvancedAnnual report
「In Thailand, higher new orders resulted in revenue of ¥92 million, up 2.5% year on year, but capacity utilization remained low and operating loss was ¥40 million, compared with an operating loss of ¥43 million in the same quarter of the previous year.」
Against the goal of enabling the Thai subsidiary to exit losses, the company reports increased new orders, a 2.5% increase in net sales, and a reduction in operating loss from ¥43 million to ¥40 million. It does not state that the exit from losses has been completed. - FY2017-Q1AdvancedAnnual report
「In Thailand, higher orders for automotive components and resin molds resulted in revenue of ¥46 million, up 11.3% year on year, and an operating loss of ¥15 million, compared with an operating loss of ¥22 million in the same quarter of the previous year.」
Against the existing goal of enabling the Thai subsidiary to exit losses through new customer acquisition and higher orders, the company reports increased orders for automotive parts and resin molds, an 11.3% increase in net sales, and a reduction in operating loss from ¥22 million to ¥15 million. It does not state that the exit from losses has been completed. - FY2016First statedAnnual report
「It is an urgent task to move beyond existing customers and develop new customers, increase capacity utilization through higher orders, and exit loss-making operations.」
For the Thai subsidiary, the company explicitly states the goal of increasing capacity utilization through new customer acquisition and higher orders and exiting loss-making operations.