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Rikei (8226) · InitiativeRecovery in customer demand in China and Hong Kong

Market development through the discovery of cutting-edge products from overseas

First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2022.

5entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20222016: 120162017: 020172018: 120182019: 020192020: 120202021: 120212022: 12022
Same theme, other companies
Market development through sourcing and importing and exporting cutting-edge overseas productsA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2022Recovery in customer demand in China and Hong KongAnnual report

    「In the China and Hong Kong businesses, customer demand, which had been affected by the spread of COVID-19, recovered and business progressed steadily.」

    The China and Hong Kong businesses progressed steadily as customer demand recovered from the weakness through the previous year. However, uncertainty remained due to variants and economic sanctions.
  2. FY2021Weak China and Hong Kong businesses and a review of the earnings structureAnnual report

    「The China and Hong Kong businesses performed worse than expected due to the impact of lower production and demand among customers following the spread of COVID-19, as well as political factors. The challenge is to assess future market trends and operate with an appropriate earnings structure.」

    In market development using overseas bases, the China and Hong Kong businesses performed worse than expected, making a review of the earnings structure in light of market trends a challenge.
  3. FY2020RestatedAnnual report

    「The company will continue its activities based in its Hong Kong subsidiary, primarily aiming to assess the market potential of VR-related products.」

    The company continues to develop markets for VR-related products by utilizing its overseas bases.
  4. FY2018RestatedAnnual report

    「Strengthening transactions with overseas companies by making effective use of products and resources, as well as revitalizing business with overseas bases, are also challenges.」

    The company continues to address market development by strengthening transactions with overseas companies and revitalizing its overseas bases.
  5. FY2016First statedAnnual report

    「The Group identifies cutting-edge products overseas and promotes market development by stimulating demand for those products. However, if overseas manufacturers, its main suppliers, experience production schedule delays or product defects, this could affect the Group's performance.」

    The company uses an import-export sales model that identifies advanced overseas products and stimulates demand for them as a means of developing markets.
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Market development through the discovery of cutting-edge products from overseas | RIKEI CORPORATION (8226) | Komori