Decline in OEM/ODM sales and weak local sales at the Hong Kong and Shanghai subsidiaries
First written in FY2017-Q2. 3 of 6 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020WorsenedAnnual report
「In addition, overseas operations were affected by weak domestic sales at overseas subsidiaries due to Hong Kong's prolonged demonstrations. As multiple downward pressures accumulated in the business environment, the company expects to have no choice but to revise downward the quantitative targets of its Fourth Medium-Term Management Plan from its first year.」
Hong Kong's prolonged demonstrations emerged as weak domestic sales at overseas subsidiaries, and downward pressures on overseas operations continued and intensified. - FY2020-Q3MaterialisedAnnual report
「香港ナイガイ, which sells socks in Hong Kong and engages in import and export activities, reported lower revenue due in part to the impact of intensifying pro-democracy protests.」
For 香港ナイガイ, after specific discussion had disappeared once, the impact of intensifying pro-democracy protests emerged in the form of lower revenue. This represented the materialization of a risk arising from a factor different from the previously cited decline in OEM and ODM sales. - FY2018DroppedAnnual reportThis filing contains no specific discussion of declining OEM and ODM sales or weak local sales at 香港ナイガイ and 上海ナイガイ, and is limited to general discussion of risks related to overseas operations.
- FY2017WorsenedAnnual report
「香港ナイガイ and 上海ナイガイ, which engage in the sale, import and export of textile products, reported lower revenue due to declining OEM and ODM sales to group companies, weak local sales and other factors.」
For 香港ナイガイ and 上海ナイガイ, declining OEM and ODM sales and weak local sales were reflected in lower full-year revenue. - FY2017-Q3WorsenedAnnual report
「香港ナイガイ and 上海ナイガイ, which engage in the sale, import and export of textile products, reported lower revenue and earnings due to declining OEM and ODM sales to group companies, weak local sales and other factors.」
For 香港ナイガイ and 上海ナイガイ, declining OEM and ODM sales and weak local sales materialized as lower revenue and earnings. - FY2017-Q2First statedAnnual report
「香港ナイガイ and 上海ナイガイ, which engage in the sale, import and export of textile products, struggled due to declining OEM and ODM sales to group companies, weak local sales and other factors.」
For 香港ナイガイ and 上海ナイガイ, declining OEM and ODM sales to group companies and weak local sales emerged as new business risks.