Overseas Expansion Through the Establishment of an Overseas Subsidiary
First written in FY2016. 31 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-23.
29 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the fiscal year ending March 2027, although transaction volumes are expected to decline owing to the renewal of the FSNL contract, we will seek medium- to long-term growth by deepening relationships with existing customers, expanding into private steel mills and promoting new businesses, including operations at a new private steel mill scheduled to begin in January 2027.」
For the India business, the company specified growth initiatives including operations at a private steel mill scheduled to begin in January 2027, deepening relationships with existing customers and developing new businesses, while anticipating a decline in existing FSNL operations. - 2026-05-13AdvancedEarnings
「Revenue was ¥355.555 billion, up 3.1% year on year, due to the impact of consolidating subsidiaries in India and Canada, as well as higher handling volumes resulting from the resumption of international passenger flights and other factors in the airport-related business.」
The consolidation of subsidiaries in India and Canada was reflected in results as a factor contributing to higher revenue. - FY2026-H1AdvancedAnnual report
「Despite factors reducing revenue, such as lower cargo volumes to the United States, revenue increased to ¥34,611 million, up 4.2% year on year, owing to the effect of consolidating the Canadian subsidiary, orders for large-scale projects and increased volumes handled locally overseas.」
In international logistics, the consolidation of the Canadian subsidiary, orders for large-scale projects and increased volumes handled overseas lifted revenue, with the expansion of overseas operations contributing to results. Meanwhile, profit declined 11.2% year on year owing to lower cargo volumes to the United States. - FY2025AdvancedAnnual report
「India and North and Central America designated as priority regions to accelerate growth」
The company identified India and North and Central America as priority regions for overseas expansion and stated its policy of continuing growth investment, centered on logistics and contract services in India and refrigerated and frozen logistics, design packaging and engineering in North and Central America. - FY2025-H1AdvancedAnnual report
「Revenue increased to ¥33,215 million, up 17.8% year on year, owing to a recovery in air freight rates, increased volumes handled at refrigerated and frozen warehouses in the United States and elsewhere, and the consolidation of the Mexican subsidiary. Profit increased to ¥2,371 million, up 54.7%, owing to higher volumes handled and the effects of the new consolidation.」
In international logistics, air freight rates recovered, while increased volumes handled at refrigerated and frozen warehouses in the United States and the consolidation of the Mexican subsidiary lifted revenue and profit above the previous year’s levels. - FY2024AdvancedAnnual report
「Through this acquisition, we plan to roll out the know-how from this design packaging business horizontally, first from North and Central America to our other operating regions, including China, ASEAN and India, where we have bases, and then beyond the automotive industry to the electronics and other industries.」
The company specified plans to expand its overseas operations by using its North and Central American design packaging business as a starting point to deploy its know-how in China, ASEAN, India and elsewhere, and to expand into industries beyond automotive. - FY2024-Q2RestatedAnnual report
「Although volumes handled at warehouses and in transport increased in the United States, India, Thailand and elsewhere, revenue declined to ¥28,197 million, down 20.7% year on year, owing to the significant impact of weaker demand for ocean and air freight and freight market conditions.」
Although warehouse and transport volumes increased in the United States, India, Thailand and elsewhere, the international logistics business as a whole reported lower revenue owing to weaker demand and freight market conditions. - FY2023-Q3AdvancedAnnual report
「Revenue increased to ¥54,744 million, up 15.0% year on year, owing to increased volumes handled in Vietnam, India and the United States as the economy recovered, the acquisition of large-scale projects, and continued high ocean and air freight rates. Profit increased to ¥2,650 million, up 19.4%, owing mainly to higher volumes handled.」
In international logistics, volumes handled in Vietnam, India and the United States increased and the company won large-scale projects, resulting in revenue growth of 15.0% and profit growth of 19.4%. - FY2023-Q2AdvancedAnnual report
「Revenue increased to ¥35,552 million, up 19.2% year on year, owing to continued high ocean and air freight rates, the acquisition of large-scale projects, and increased volumes handled in Vietnam, India and the United States as the economy recovered. Profit increased to ¥1,858 million, up 33.9%, owing to the effect of higher revenue.」
The international logistics business won large-scale projects and increased volumes handled in Vietnam, India and the United States. Revenue increased 19.2% year on year and profit increased 33.9%. - FY2023-Q1AdvancedAnnual report
「Revenue increased to ¥17,148 million, up 20.0% year on year, owing to continued high ocean and air freight rates, the acquisition of large-scale projects, increased volumes handled in Vietnam and India, and the launch of a new warehouse facility in the United States. Profit increased to ¥865 million, up 26.2%, owing to the effect of higher revenue.」
In international logistics, the company won large-scale projects, increased volumes handled in Vietnam and India, and launched a new warehouse facility in the United States, resulting in revenue growth of 20.0% and profit growth of 26.2%. - FY2022-Q3AdvancedAnnual report
「Revenue increased to ¥47,594 million, up 17.4% year on year, and profit rose to ¥2,219 million, up 45.9%, owing to persistently high air and ocean freight rates, a recovery in import and export volumes, a gradual recovery in logistics volumes in China and the ASEAN region, and a recovery in warehouse volumes in the United States.」
In international logistics, import and export volumes and volumes handled in China, the ASEAN region and the United States recovered, resulting in revenue growth of 17.4% and profit growth of 45.9%. - FY2022-Q2AdvancedAnnual report
「Despite a ¥2,563 million negative impact from the adoption of the accounting standard for revenue recognition, revenue increased to ¥29,828 million, up 10.4% year on year, and profit rose to ¥1,388 million, up 44.0%, owing to persistently high air and ocean freight rates and a gradual recovery in logistics volumes in China and the ASEAN region.」
In international logistics, persistently high air and ocean freight rates and a recovery in volumes handled in China and the ASEAN region contributed to revenue growth of 10.4% and profit growth of 44.0% year on year. - FY2021AdvancedAnnual report
「Revenue increased to ¥56,177 million, up 16.6% from the previous consolidated fiscal year, owing to higher air freight rates resulting from fewer passenger flights due to COVID-19 and the company’s entry into the retail business for medical-related supplies. Profit increased to ¥1,724 million, up 124.4%.」
In international logistics, higher air freight rates and the company’s entry into the retail business for medical-related supplies contributed to a 16.6% increase in revenue and a 124.4% increase in profit. - FY2021-Q3AdvancedAnnual report
「Revenue increased to ¥40,542 million, up 12.3% year on year, owing to higher air freight rates resulting from fewer flights due to the impact of COVID-19 and increased volumes of medical-related products such as masks. Profit also increased to ¥1,520 million, up 127.7%, owing to the effect of higher revenue.」
In international logistics, higher air freight rates and increased volumes of medical-related products lifted revenue by 12.3% and profit by 127.7% year on year. - FY2021-Q2AdvancedAnnual report
「Revenue increased to ¥27,008 million, up 14.5% year on year, owing to higher air freight rates resulting from fewer flights due to the impact of COVID-19 and increased volumes of medical-related products such as masks. Profit also increased to ¥963 million, up 80.1%, owing to the effect of higher revenue.」
In international logistics, higher air freight rates and increased volumes of medical-related products lifted revenue and profit above the previous year’s levels. - FY2021-Q1Decline in international logistics volumes due to COVID-19Annual report
「Revenue was ¥11,758 million, essentially unchanged year on year, owing to lower volumes of import and export cargo and reduced rail freight volumes in India resulting from the impact of COVID-19.」
Volumes of import and export cargo and rail freight in India declined owing to the impact of COVID-19, leaving international logistics revenue at roughly the same level as in the previous year. Profit increased owing to higher freight rates resulting from fewer flights. - FY2020AdvancedAnnual report
「In international logistics, revenue increased to ¥48,175 million, up 17.0% from the previous consolidated fiscal year, owing to the contribution from the Hong Kong forwarding company BEL INTERNATIONAL LOGISTICS LTD., which was consolidated in the previous fiscal year, and increased plant dismantling and installation operations.」
The contribution from BEL following consolidation and increased plant dismantling and installation operations lifted international logistics revenue by 17.0% year on year. - FY2020-Q3AdvancedAnnual report
「In international logistics, revenue increased to ¥36,100 million, up 29.0% year on year, owing to the contribution from the Hong Kong forwarding company BEL INTERNATIONAL LOGISTICS LTD., which was consolidated in the previous fiscal year, and increased plant dismantling and installation operations. Profit declined 28.0% to ¥667 million owing to lower cargo volumes collected for the European market and the slowdown in air freight demand resulting from US-China trade friction.」
International logistics revenue increased 29.0% owing to BEL’s contribution following consolidation and increased plant dismantling and installation operations, while profit declined 28.0% owing to lower cargo collection volumes in the European market and slower demand resulting from US-China trade friction. - FY2020-Q2AdvancedAnnual report
「On 5 November 2019, the company entered into a share transfer agreement to acquire a 20% interest in MacroAsia Airport Services Corporation (MASCORP) from its parent company, MacroAsia Corporation (MAC).」
Through a 20% investment in a Philippine ground-handling company, the company advanced initiatives to develop its overseas airport-related network and future overseas expansion. - FY2020-Q1AdvancedAnnual report
「In international logistics, revenue increased to ¥11,762 million, up 27.9% year on year, owing to the contribution from the Hong Kong forwarding company BEL INTERNATIONAL LOGISTICS LTD., which was consolidated in the previous fiscal year, as well as increased plant dismantling operations and exports of gas turbines to the United States.」
The consolidation of BEL, together with plant dismantling operations and increased exports of gas turbines to the United States, lifted international logistics revenue by 27.9% year on year. - FY2019AdvancedAnnual report
「From April 2019, we will establish an India regional headquarters and further promote the development of our business in the country.」
The company established a headquarters overseeing its Indian operations, creating an organizational structure to further promote its rail transport, medical and other businesses in the country. - FY2019-Q3AdvancedAnnual report
「In international logistics, revenue increased to ¥27,989 million, up 5.0% year on year, owing to higher rail freight volumes at the Indian subsidiary and increased forwarding operations in Japan and overseas.」
Higher rail freight volumes at the Indian subsidiary and increased forwarding operations in Japan and overseas lifted international logistics revenue by 5.0% year on year. - FY2019-Q2AdvancedAnnual report
「Effective 2 October 2018, the company acquired an additional 70% of the issued shares of BEL INTERNATIONAL LOGISTICS LTD., a Hong Kong-based international air-freight forwarding company and an equity-method affiliate, and made it a wholly owned subsidiary.」
The company made a Hong Kong international air freight forwarding company a wholly owned subsidiary, concretely expanding its international air transport business and overseas network. - FY2019-Q1AdvancedAnnual report
「In international logistics, revenue increased to ¥9,195 million, up 10.6% year on year, owing to increased exports of manufacturing equipment components to the United States, higher rail freight volumes at the Indian subsidiary, and strong forwarding operations in China.」
Exports to the United States, rail freight transport at the Indian subsidiary, and forwarding operations in China grew, resulting in a 10.6% year-on-year increase in international logistics revenue. - FY2018RestatedAnnual report
「We will proceed with measures such as establishing new overseas subsidiaries, placing greater focus on supporting Japanese companies expanding overseas and providing solutions to overseas companies.」
The company has reaffirmed its policy of establishing new overseas subsidiaries and taking other measures to support Japanese companies expanding overseas and provide solutions to overseas companies. - FY2018-Q3AdvancedAnnual report
「In international logistics, despite a decline in exports of coils for vehicles and sluggish imports and exports of consumer electronics, revenue increased to ¥26,777 million, up 10.1% year on year, owing to exports of precision equipment manufacturing machinery to Asia, the acquisition of apparel import business, and increased handling of glass product transport.」
International logistics revenue increased owing to exports of precision equipment manufacturing machinery to Asia, the acquisition of apparel import business, and increased handling of glass product transport. - FY2018-Q2AdvancedAnnual report
「In international logistics, although imports and exports of consumer electronics were at the same level as in the previous year, revenue increased to ¥17,390 million, up 7.2% year on year, owing to increased exports of precision equipment manufacturing machinery and the acquisition of triangular transport business for infrastructure-related materials.」
The company increased exports of precision equipment manufacturing machinery and won triangular transport business for infrastructure-related materials as part of its overseas expansion. - FY2017-Q3AdvancedAnnual report
「Following the establishment of JOSHI KONOIKE TRANSPORT & INFRASTRUCTURE PVT.LTD. on 7 October 2016, the company has been classified as an affiliated company (consolidated subsidiary).」
The company established a new overseas subsidiary in India and made its overseas expansion more concrete through its inclusion as a consolidated subsidiary. - FY2017-Q2AdvancedAnnual report
「Going forward, we will build a long-distance logistics network linking major ports in western India with the Delhi metropolitan area and undertake container transport within India. We will also further expand multimodal transport services by leveraging our group’s network in Asia.」
The company specified plans to build a long-distance container transport network in India and expand multimodal transport by leveraging its Asian network. - FY2017-Q1AdvancedAnnual report
「The opening of new bases increased exports of machine tools to China and Vietnam, while the company also won contracts to transport manufacturing equipment to India and expanded its handling of frozen desserts at its Thai subsidiary.」
The company reported concrete progress in its overseas expansion, including increased exports to China and Vietnam, new business in India, and growth in services handled by its Thai subsidiary. - FY2016First statedAnnual report
「We will proceed with measures such as establishing new overseas subsidiaries, placing greater focus on supporting Japanese companies expanding overseas and providing solutions to overseas companies.」
The company plans to establish new overseas bases and take other measures to support Japanese companies expanding overseas and provide solutions to local companies.