Expanding the Asian business centred on China, Vietnam and Thailand
First written in FY2016. 11 of 25 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 3 of 23 companies on the "Worse" side.
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company will support the growth and expansion of HaLong Beer And Beverage Joint Stock Company, an equity-method affiliate, as well as Vihamark Group Joint Stock Company, in which it has newly acquired shares, while assessing local market trends and building cooperative relationships that enable the development of products.」
In addition to its existing investment in HaLong, the company newly invested in Vietnam's Vihamark Group Joint Stock Company, expanding its overseas business platform in Vietnam. - FY2024AdvancedAnnual report
「During the current consolidated fiscal year, the material affiliate was HaLong Beer And Beverage Joint Stock Company, an equity-method affiliate. Its summarised financial statements are as follows: net sales: ¥8,661 million; profit before income taxes: ¥824 million; net income: ¥656 million.」
The company disclosed net sales of ¥8,661 million, profit before income taxes of ¥824 million, and net income of ¥656 million for Vietnam's HaLong Beer. - FY2024-Q3Completion of the liquidation of the Thailand operationsAnnual report
「During the third quarter of the consolidated fiscal year, ASEED (Thailand) Co., Ltd. was removed from the scope of equity-method accounting because its liquidation was completed.」
The liquidation of the Thai subsidiary was completed, and it was removed from the scope of equity-method accounting. - FY2023AdvancedAnnual report
「During the current consolidated fiscal year, the material affiliate was HaLong Beer And Beverage Joint Stock Company, an equity-method affiliate. Its summarised financial statements are as follows: net sales: ¥7,623 million; profit before income taxes: ¥881 million; net income: ¥703 million.」
For Vietnam's HaLong Beer, the company disclosed net sales of ¥7,623 million, profit before income taxes of ¥881 million, and net income of ¥703 million, indicating that the scale and earnings contribution of the overseas business are expanding. - FY2023-Q3AdvancedAnnual report
「As a result, net sales for the nine months ended the third quarter of the current consolidated fiscal year were ¥16,104 million, up 8.4% year on year, due in part to a recovery in vending machines. Operating profit was ¥730 million, up 14.9%, while ordinary profit was ¥957 million, up 15.1%, helped by strong performance at HaLong Beer, an equity-method affiliate.」
Strong performance at HaLong Beer was explicitly identified as a factor behind the increase in ordinary profit, which rose 15.1% year on year to ¥957 million. - FY2023-Q2RestatedAnnual report
「Overseas, we will actively promote investment, centered on ASEAN countries, and develop the low-alcohol and soft-drink markets while considering an alliance with HaLong Beer, an investee company.」
The company has reaffirmed its policy of overseas expansion combining investment in ASEAN countries, an alliance with HaLong Beer, and development of the low-alcohol beverage and soft drink markets. - FY2022-Q3RestatedAnnual report
「Overseas, we will actively promote investment, centered on ASEAN countries, and develop the low-alcohol and soft-drink markets while considering an alliance with HaLong Beer, an investee company.」
The company has reaffirmed its policy of overseas expansion combining investment in ASEAN countries, an alliance with HaLong Beer, and development of the low-alcohol beverage and soft drink markets. - FY2022-Q2RestatedAnnual report
「Overseas, we will actively promote investment, centered on ASEAN countries, and develop the low-alcohol and soft-drink markets while considering an alliance with HaLong Beer, an investee company.」
The company has reaffirmed its policy of overseas expansion combining investment in ASEAN countries, an alliance with HaLong Beer, and development of the low-alcohol beverage and soft drink markets. - FY2021-Q3ReframedAnnual report
「During the third quarter of the current consolidated accounting period, the company acquired additional shares in ASEED（Thailand）Co.,Ltd., an unconsolidated subsidiary accounted for under the equity method, bringing its ownership interest to 100%. In addition, ASEED（Thailand）Co.,Ltd., an unconsolidated subsidiary accounted for under the equity method, resolved at its board meeting held on 22 October 2020 to dissolve. The company will consolidate its overseas operations in Vietnam to enable a more agile response.」
While increasing its ownership interest in the Thai subsidiary to 100%, the company resolved to dissolve it and indicated a policy of consolidating its overseas operations in Vietnam. The company is shifting its focus from its previous ASEAN expansion, including Thailand, to a structure centred on Vietnam. - FY2021-Q2RestatedAnnual report
「Overseas, we will actively promote investment, centered on ASEAN countries, and develop the low-alcohol and soft-drink markets while considering an alliance with HaLong Beer, an investee company.」
The company has reaffirmed its policy of overseas expansion combining investment in ASEAN countries, an alliance with HaLong Beer, and development of the low-alcohol beverage and soft drink markets. - FY2021-Q1RestatedAnnual report
「The company is steadily addressing 3 future-oriented material issues for global expansion centred on Thailand and Vietnam.」
The company has reaffirmed global expansion centred on Thailand and Vietnam as a material issue to be pursued even amid the spread of infectious disease. - FY2020AdvancedAnnual report
「During the current consolidated fiscal year, the material affiliate was HaLong Beer And Beverage Joint Stock Company, an equity-method affiliate. Its summarised financial statements are as follows: net sales: ¥2,746,355 thousand; profit before income taxes: ¥348,860 thousand; net income: ¥277,486 thousand.」
The company disclosed financial information for Vietnam's HaLong, classified as a material affiliate, reporting net sales of ¥2,746.355 billion and profit before income taxes of ¥348.86 million. It disclosed the progress of its Asian business with financial figures. - FY2020-Q2AdvancedAnnual report
「The company exports to Taiwan, Hong Kong and Singapore, among other markets, and will develop "ASTER" as a chuhai brand in ASEAN countries. In addition, contract manufacturing of low-alcohol beverages and soft drinks for overseas customers remains firm, and the company plans to pursue manufacturing and sales in Vietnam in cooperation with HaLong.」
The company has provided concrete details on its overseas expansion centred on ASEAN, including exports and brand development for ASTER, overseas contract manufacturing, and manufacturing and sales in cooperation with HaLong in Vietnam. - FY2020-Q1RestatedAnnual report
「In the Beverage Manufacturing Business, we will strengthen ODM manufacturing of healthcare products centered on the soft-pouch beverage line installed last year and actively expand overseas while capturing demand, particularly in ASEAN countries.」
The company has reaffirmed its policy of expanding overseas, centred on capturing demand in ASEAN countries through soft pouches and healthcare products. - FY2019AdvancedAnnual report
「From the current consolidated fiscal year, HaLong Beer And Beverage Joint Stock Company, an equity-method affiliate, has been classified as a material affiliate because its importance has increased. Its summarised financial statements are as follows: total current assets: ¥498,901 thousand; total non-current assets: ¥406,968 thousand; net sales: ¥2,037,836 thousand; profit before income taxes: ¥276,561 thousand.」
The company disclosed summarised financial information for its Vietnamese equity-method affiliate, stating that its importance had increased, and demonstrated the progress of its Asian business with financial figures. - FY2018AdvancedAnnual report
「To quickly narrow the gaps of 2.7% in the ordinary profit margin on net sales and 1.4% in return on equity, the company will expand the vending machine operations business through M&A, while actively investing in high-value-added manufacturing equipment and expanding into Asian markets in the beverage manufacturing business.」
The company explicitly identified expansion into Asian markets as a means of achieving its targets alongside M&A and investment in high-value-added manufacturing equipment. The Thai investee has also become an unconsolidated subsidiary accounted for under the equity method under the control criterion. - FY2018-Q3RestatedAnnual report
「In the overseas business, we worked to expand the beverage business through equity investments in and business alliances with local partner companies.」
The company continues to expand its overseas beverage business through equity investments in and business alliances with local partner companies. - FY2018-Q2RestatedAnnual report
「In the overseas business, we worked to expand the beverage business through equity investments in and business alliances with local partner companies.」
The company continues to expand its overseas beverage business through equity investments in and business alliances with local partner companies. - FY2018-Q1RestatedAnnual report
「In the overseas business, we worked to expand the beverage business through equity investments in and business alliances with local partner companies.」
The company has reaffirmed its policy of expanding its overseas beverage business through equity investments in and business alliances with local partner companies. - FY2017-Q3AdvancedAnnual report
「To globalize the business, we are developing beverage planning and sales businesses in Vietnam and Thailand and expanding the beverage business through equity investments in and business alliances with local companies. In the third quarter, equity-method investment income was ¥21 million, up 70.9% year on year.」
The company is expanding its beverage business in Vietnam and Thailand through equity investments in local companies and business alliances, reporting equity-method investment income of ¥21 million, up 70.9% year on year. - FY2017-Q2RestatedAnnual report
「The Thai joint venture established in the previous fiscal year to globalize the business is scheduled to begin beverage sales during the current fiscal year.」
The company has indicated that its Thai joint venture is scheduled to begin beverage sales during the current fiscal year and has reaffirmed its policy of pursuing an overseas beverage business centred on East Asia. - FY2017-Q1RestatedAnnual report
「To globalize the business, a beverage planning and sales company established jointly with a local company in Thailand in the previous fiscal year is scheduled to begin selling beverages this fiscal year.」
The company has indicated that its Thai joint venture is scheduled to begin beverage sales and has reaffirmed its policy of pursuing overseas operations including China, Vietnam and Thailand. - FY2016First statedAnnual report
「We also aim to expand our overseas business into new markets, developing operations centered on beverage manufacturing and sales in China, Vietnam and Thailand.」
The company plans to expand its overseas business centred on beverage manufacturing and sales in China, Vietnam and Thailand. In Thailand, ASEED & J.R.K. Co., Ltd. became an equity-method affiliate during the current fiscal year.