International business operations through overseas bases, including China and the United States
First written in FY2016. 3 of 14 entries say "Restated". Latest entry: 2026-06-05.
Sanritsu moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
3 other companies' latest entry also says "Reframed".
- 2026-06-05ReframedEarnings presentation
「Changed from the plan to expand into Europe to investment on the U.S. East Coast」
The overseas strategy was explicitly changed from a plan to expand into Europe to investment on the U.S. East Coast. - FY2025Shift from a China-centered to a U.S.-centered overseas business structureAnnual report
「In the overseas business, the Group is concentrating management resources on its U.S. subsidiaries. With the planned operation of a warehouse at the Port of Savannah in Georgia on the U.S. East Coast, scheduled for completion in June 2025, the Group aims to expand its U.S. logistics network, enhance customers’ supply chains, and further expand its business.」
While the Shanghai subsidiary was transferred out of the scope of consolidation, the Group is concentrating management resources on its U.S. subsidiaries and expanding its U.S. business through the warehouse in Georgia. - FY2025-H1Semiconductor-related exports increased, but exports and imports were broadly flatAnnual report
「In the logistics industry, international cargo exports related to semiconductors were on an increasing trend, but exports and imports were broadly flat overall.」
In the international business, semiconductor-related exports were on an increasing trend, while exports and imports of international cargo overall were broadly flat. - FY2024-Q3International cargo declined, while exports increased and imports remained weakAnnual report
「In the logistics industry, international cargo volumes declined due to a global economic slowdown, and ocean freight rates fell well below the previous fiscal year’s level. Exports, particularly automotive-related exports, were on an increasing trend, while imports remained weak. Domestic cargo showed signs of recovery in production-related cargo, while construction-related cargo remained strong.」
While exports in the previous quarter were described as firm and imports as broadly flat, international cargo overall showed a decline in cargo volumes and lower ocean freight rates due to the global economic slowdown. Exports, particularly automotive-related exports, were on an increasing trend, while imports remained weak. - FY2024-Q2Exports firm, imports flatAnnual report
「In the logistics industry, international cargo exports remained firm, supported by steady overseas capital investment demand and the recovery and normalization of production at automobile plants and elsewhere as semiconductor shortages eased. Imports remained broadly flat, affected by sluggish personal consumption, rising prices, and the weakening yen.」
Through the previous quarter, export and import volumes had been described as broadly flat, with exports trending downward. In the current quarter, exports were described as firm, while imports were broadly flat. - FY2024-Q1Exports and imports broadly flat despite a downward trend in exportsAnnual report
「In the logistics industry, international cargo export and import volumes remained broadly flat. Although the global economy maintained a gradual recovery trend following the lifting of China’s zero-COVID policy and lockdowns, concerns about a downturn in overseas economies due to global monetary tightening exerted downward pressure.」
International cargo export and import volumes were broadly flat. The report also stated that export volumes were on a declining trend. - FY2023-Q3International cargo export and import volumes broadly flatAnnual report
「In the logistics industry, international cargo volumes remained broadly flat in both exports and imports, despite the recovery of the global economy and progress toward normalization in disruptions to sea transport, as restrictions on economic activity in China and concerns about a downturn in overseas economies due to global monetary tightening exerted downward pressure. Domestic cargo volumes remained firm, led by consumer-related and production-related cargo, against a backdrop of recovering personal consumption and industrial production.」
Restrictions on economic activity in China and concerns about a downturn in overseas economies exerted downward pressure on international cargo, leaving export and import volumes broadly flat. Domestic cargo remained firm. - FY2023-Q2Exports flat due to China’s economic restrictions, while imports recoveredAnnual report
「Although the global economy was recovering, restrictions on economic activity in China exerted downward pressure, and export volumes remained broadly flat. Import volumes showed signs of recovery as domestic economic activity moved toward normalization.」
In the international business, including overseas bases, export volumes remained broadly flat due to restrictions on economic activity in China, while import volumes showed signs of recovery. - FY2022-Q3Strong international cargo volumesAnnual report
「International cargo volumes remained strong as overseas production activity, which had declined due to the impact of COVID-19, showed signs of recovery.」
The Company stated that international cargo volumes remained strong as overseas production activity recovered. - FY2019-Q3Overseas operating profit declined due to fewer spot projectsAnnual report
「In the overseas business, although machine-tool-related business remained steady, revenue increased while operating profit declined due to a decrease in spot projects.」
In the international business conducted through overseas bases, revenue increased as machine-tool-related business remained steady, while operating profit declined due to a decrease in spot projects. - FY2019-Q1RestatedAnnual report
「In the overseas business, net sales and operating profit remained at approximately the levels of the same period of the previous year as machine tool handling volumes performed steadily.」
The Group continues to operate its international business through overseas bases, and overseas operations performed at approximately the same level as the previous year, supported by steady machine-tool-related business. - FY2018-Q2RestatedAnnual report
「At the Chinese consolidated subsidiaries, revenue declined because 2 subsidiaries in the East China region that were reorganized in the previous fiscal year were excluded from the scope of consolidation. At the U.S. consolidated subsidiaries, both revenue and operating profit increased as steel packaging services for machine tools remained strong, driven by a major customer’s substantial production increase.」
The Group continues to expand its international business through overseas subsidiaries in China and the United States. The Company described a reduced scope of consolidation in China following the reorganization and increased packaging services for machine tools in the United States. - FY2017RestatedAnnual report
「In China and the United States, the Group operates businesses centered on packaging and international logistics through its consolidated subsidiaries.」
The Company reconfirmed its overseas expansion of packaging and international logistics through consolidated subsidiaries in China and the United States. - FY2016First statedAnnual report
「In China and the United States, the Group operates businesses centered on packaging and international logistics through its consolidated subsidiaries.」
The Group’s business structure comprises consolidated subsidiaries in China and the United States operating packaging and international logistics businesses.