Expansion of Overseas Operations and Business with European Automakers
First written in FY2017-Q1. 15 of 24 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Nifco India Private Ltd. Haryana, India Automotive resin-molded products business Construction of a new plant 4,300 2,163 Issuance of new shares and borrowings 2025.5 2027.7」
For the new plant in India, the group disclosed total planned investment of ¥4.3 billion, ¥2.163 billion already paid, construction commencing in May 2025, and completion scheduled for July 2027. - 2026-05-14AdvancedEarnings
「Going forward, we will seek to further improve profitability by increasing capital investment in Japanese and Korean OEM operations in North America and India, as well as increasing the value of products installed per vehicle.」
In line with the portfolio shift following the transfer of the German OEM business, the company plans to increase investment in OEM operations in North America and India and raise the value of products installed per vehicle. - FY2025-H1AchievedAnnual report
「During the interim consolidated accounting period, Nifco Germany GmbH and Nifco KTW America Corporation, formerly consolidated subsidiaries, were excluded from the scope of consolidation following completion of the transfer of their businesses.」
The transfer of the businesses of Nifco Germany GmbH and Nifco KTW America Corporation was completed, and the companies were excluded from the scope of consolidation. - FY2024ReframedAnnual report
「This fiscal year, we aim to further improve earnings power by improving our business portfolio, including by selling the loss-making German OEM business while increasing capital investment in the strong Korean OEM business and Japanese OEM businesses in North America and India.」
The group is shifting its portfolio from its previous focus on expanding overseas operations and business with European automakers, selling the German OEM business and increasing investment in Korean OEM operations and Japanese OEM businesses in North America and India. - FY2024-Q3RestatedAnnual report
「Overseas, revenue increased as automotive production recovered in Europe, the U.S. and Korea, supply constraints on semiconductors eased, and the yen weakened, resulting in an overall increase in revenue.」
The group reports higher overseas revenue following the recovery in automotive production in Europe, the U.S. and Korea and other factors. No additional milestone such as a new site or completed acquisition was disclosed. - FY2024-Q2RestatedAnnual report
「Overseas, revenue increased as automotive production recovered in Europe, the U.S. and Korea, supply constraints on semiconductors eased, and the yen weakened, resulting in an overall increase in revenue.」
The group reports higher overseas revenue due to the recovery in automotive production in Europe, the U.S. and Korea and other factors. No specific milestone such as a new site or completed acquisition was disclosed. - FY2024-Q1RestatedAnnual report
「Overseas, revenue increased as automotive production recovered in the U.S., Europe and Korea and the yen weakened, resulting in an overall increase in revenue.」
The group reports higher revenue following a recovery in automotive production in overseas markets including the U.S., Europe and Korea. There was no material change in its overseas business strategy. - FY2023-Q3RestatedAnnual report
「Overseas, revenue increased as the yen weakened and automotive production in China began to recover, resulting in an overall increase in revenue.」
The group explains that overseas revenue increased against a backdrop of the recovery in Chinese automotive production and yen depreciation, but discloses no specific milestone such as a new site or completed acquisition. - FY2023-Q1RestatedAnnual report
「Overseas, revenue increased as the yen weakened and automotive production in China began to recover, resulting in an overall increase in revenue.」
Overseas revenue increased against a backdrop of yen depreciation and a recovery in automotive production in China. The overseas expansion strategy itself was unchanged. - FY2022AdvancedAnnual report
「Nifco India Private Ltd. Haryana, India Automotive resin-molded products business Construction of a new plant 1,805 906 Issuance of new shares 2019.9 2022.6」
For the new plant of the Indian subsidiary, the group disclosed total planned investment of ¥1,805 million, ¥906 million already paid, and an expected completion date of June 2022. - FY2022-Q1RestatedAnnual report
「The improved year-on-year performance of our overseas subsidiaries also contributed to an overall increase in revenue.」
The group reports improved performance at overseas subsidiaries, but gives no specific milestone such as a new site establishment or completed acquisition. - FY2020-Q3AdvancedAnnual report
「We merged two German subsidiaries of the group to operate them as one company and realize our growth strategy for the German OEM business.」
On 31 July 2019, two German subsidiaries were merged, and the surviving company's name was changed to Nifco Germany GmbH. This represents concrete progress in integrating the organization to realize the growth strategy for the German OEM business. - FY2020-Q2RestatedAnnual report
「In Japan, the automotive resin-molded products business contributed to higher sales and profit as vehicle production increased and content value per vehicle for new models rose. Overseas, sales in Asia, including China, and Europe fell below the previous year, but North America exceeded the previous year, resulting in an overall year-on-year increase in revenue.」
While sales in China, Asia and Europe fell below the previous year, North America exceeded it, and the group continues its global business expansion. No additional milestone such as a new site or completed acquisition was disclosed. - FY2020-Q1RestatedAnnual report
「In the automotive resin-molded products business, sales expanded in Japan due to higher vehicle production and higher content value per vehicle for new models. Although sales in China and elsewhere in Asia fell short of the previous year, sales in North America exceeded the previous year, resulting in an overall year-on-year increase in revenue.」
While sales declined in China and Asia, North America exceeded the previous year, and the group continues its global business expansion. No additional milestone such as a new site or completed acquisition was disclosed. - FY2019AdvancedAnnual report
「In Asia excluding Japan, Nifco (HK) Ltd. and its consolidated subsidiaries made capital investments totaling ¥1,217 million, mainly in molds and molding machines, while total investment in Asia amounted to ¥4,354 million. We established a system capable of producing and selling high-value-added products globally to Japanese and non-Japanese automakers, appliance manufacturers, OA equipment manufacturers and apparel manufacturers.」
The group invested ¥4,354 million in Asia and established a system for supplying high-value-added products globally to Japanese and non-Japanese automakers and other customers. - FY2019-Q3RestatedAnnual report
「In the automotive resin-molded products business, our main market, in addition to Japanese and Korean businesses, we are expanding business with German automakers and developing customers among U.S. and Chinese automakers.」
The group is developing automotive business with German, U.S. and Chinese automakers in addition to Japanese and Korean customers, but gives no additional milestone such as a new acquisition or operational launch of a site. - FY2019-Q2RestatedAnnual report
「In our main automotive market, in addition to Japanese and Korean businesses, we are expanding business with German automakers and developing customers among U.S. and Chinese automakers.」
The group is expanding business with overseas automakers and developing new customers, but gives no specific additional milestone such as a completed acquisition or operational launch of a new site. - FY2019-Q1RestatedAnnual report
「Although business with Korean OEMs in China remained weak, sales in North America and Europe exceeded the previous year, resulting in an overall year-on-year increase in revenue. As a result, sales in the automotive resin-molded products business for the three months ended 30 June increased 2.2% year on year to ¥62.508 billion.」
The group reports higher overseas sales, including in North America and Europe, but gives no additional milestone such as a new overseas site or completed acquisition. - FY2018AdvancedAnnual report
「To further accelerate our global production system, we are expanding production capacity to support customers' overseas expansion, including by starting mass production at new plants in Chongqing, China, and Georgia, U.S.」
Mass production has begun at new plants in Chongqing, China, and Georgia, U.S., and the group is expanding its production system to support customers' overseas expansion. - FY2018-Q3RestatedAnnual report
「Overseas, sales in Europe grew steadily, although sales to Korean OEMs stagnated, particularly in China, and growth was also sluggish in North America.」
The group reports overseas business expansion, including sales growth in Europe, but gives no additional milestone such as a new overseas site or completed acquisition. - FY2018-Q2RestatedAnnual report
「Against this backdrop, consolidated net sales for the six months ended 30 September increased 1.5% year on year to ¥131.413 billion, helped by higher content value per vehicle in Japan and growth in Europe overseas.」
The group continues to report overseas business expansion, including in Europe, but identifies no additional milestone such as a new acquisition or completed site establishment. - FY2018-Q1RestatedAnnual report
「Meanwhile, with automotive resin-molded products as our core business, we have expanded into 17 countries worldwide and grown our business.」
The group highlights its presence in 17 countries and the global expansion of its core automotive business, but gives no specific update on new acquisitions or further business expansion with European automakers. - FY2017-Q3RestatedAnnual report
「Recently, our overseas operations have expanded rapidly in line with globalization.」
The group continues to report rapid expansion of its overseas operations, but gives no specific update on new acquisitions or further business expansion with European automakers. - FY2017-Q1First statedAnnual report
「To expand business with European automakers, our overseas operations have expanded rapidly, including through the acquisition of a local German company.」
The group is expanding its business with European automakers and increasing its overseas operations, including through the acquisition of a German company.