Sharp expansion of the plastics and electronics-related businesses through the consolidation of FCV
First written in FY2018-Q1. 2 of 8 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2020-Q3.
No other company in this theme has enough history to compare yet.
- FY2020-Q3RestatedAnnual report
「Sales fell 57.6% year on year to ¥6,007 million. Although mass production of automotive plastic molded products progressed steadily, the company transferred all of its equity interest in FCV, formerly a consolidated subsidiary, in March last year.」
The business structure continues to transition from the period of rapid expansion following FCV’s consolidation to the scale of the business after the transfer of all equity interests. - FY2020-Q2RestatedAnnual report
「Sales fell 57.6% year on year to ¥4,032 million. Although mass production of automotive plastic molded products progressed steadily, the company transferred all of its equity interest in FCV, formerly a consolidated subsidiary, in March this year.」
The business structure continues to transition from the period of rapid expansion following FCV’s consolidation to the scale of the business after the transfer of all equity interests. - FY2020-Q1ReframedAnnual report
「Sales fell 61.8% year on year to ¥1,714 million. Although mass production of automotive plastic molded products progressed steadily, the company transferred all of its equity interest in FCV, formerly a consolidated subsidiary, in March this year.」
The business structure shifted from the period of rapid expansion following FCV’s consolidation to the scale of the business after the transfer of all equity interests, and net sales in the resin and electronics-related business decreased 61.8% year on year. - FY2019-Q3SoftenedAnnual report
「Sales rose 1.3% year on year to ¥14,158 million, as production and sales of printed circuit boards remained at the same level as in the same period a year earlier and mass production of automotive plastic molded products continued steadily.」
The resin and electronics-related business maintained revenue growth, but unlike the substantial expansion seen when FCV was consolidated, the growth rate was limited to 1.3%. - FY2019-Q1SoftenedAnnual report
「Sales rose 2.8% year on year to ¥4,486 million, as mass production of automotive plastic molded products continued steadily.」
The resin and electronics-related business maintained revenue growth, but compared with the substantial expansion seen when FCV was consolidated in the previous year, the growth rate was limited to 2.8%. - FY2018-Q3AdvancedAnnual report
「Net sales increased 200.1% year on year to ¥13.983 billion, as mass production of molded resin products for automotive applications progressed steadily, sales of electronic components grew, and FCV, which manufactures printed circuit boards and assembles printed circuit board units, was made a consolidated subsidiary during the first-quarter consolidated accounting period. During the nine-month cumulative consolidated period, the inclusion of FCV in the scope of consolidation increased the number of employees in the resin and electronics-related business by 2,137.」
Against the backdrop of FCV’s consolidation, net sales in the resin and electronics-related business increased 200.1% year on year to ¥13.983 billion, while the number of employees increased by 2,137. - FY2018-Q2AdvancedAnnual report
「As FCV, which manufactures printed circuit boards and assembles printed circuit board units, was made a consolidated subsidiary during the first-quarter consolidated accounting period, net sales increased 227.8% year on year to ¥8.991 billion.」
Against the backdrop of FCV’s consolidation as a subsidiary, net sales in the resin and electronics-related business increased 227.8% year on year to ¥8.991 billion. - FY2018-Q1First statedAnnual report
「As FCV, which manufactures printed circuit boards and assembles printed circuit board units, was made a consolidated subsidiary during the first-quarter consolidated accounting period, net sales increased 217.7% year on year to ¥4.365 billion.」
Following FCV’s consolidation as a subsidiary, net sales in the resin and electronics-related business increased 217.7% year on year to ¥4.365 billion.