Reducing production costs by increasing the production ratio in ASEAN countries and South Asia
First written in FY2017-Q2. 3 of 8 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AdvancedAnnual report
「In addition, during the current fiscal year, the company is shifting production to Southeast Asia, where processing costs are relatively low and tariff reductions and exemptions offer benefits」
The shift of production to Southeast Asia has been developed as an initiative to capitalize on relatively low labor costs and the benefits of tariff reductions. - FY2025-Q1AdvancedAnnual report
「To address the risk of higher costs resulting from yen depreciation and persistently high raw-material prices, we are shifting production to Southeast Asia, utilizing tariff-reduction and exemption measures under RCEP (the Regional Comprehensive Economic Partnership), and thoroughly reviewing our methods and means of ocean transportation.」
In addition to shifting production to Southeast Asia, the company is making concrete progress on reviewing RCEP tariff-reduction measures and ocean freight methods as measures to address rising costs. - FY2024-Q2AdvancedAnnual report
「Meanwhile, as production costs continue to rise due to soaring energy prices and the entrenched trend of yen depreciation, we are working to increase the production ratio in Southeast Asia.」
The company is making concrete progress on expanding the production ratio in Southeast Asia as a measure to address rising costs. - FY2024-Q1ReframedAnnual report
「Regarding the production background that led us to temporarily return production to China during the COVID-19 pandemic, we will continue developing South Asia and Southeast Asia and firmly establish a profitable business structure.」
The previous explanation of reducing costs by increasing the production ratio in ASEAN and South Asia has been reframed as an initiative to redevelop South Asia and Southeast Asia as production bases after returning production to China. - FY2018DroppedAnnual reportThe filing does not explicitly mention reducing costs by increasing the production ratio in ASEAN countries and South Asia.
- FY2017RestatedAnnual report
「Third, we worked to reduce production costs by increasing the production ratio in ASEAN countries and elsewhere.」
The company has reiterated reducing production costs by increasing the production ratio in ASEAN countries and elsewhere as an ongoing initiative. - FY2017-Q3RestatedAnnual report
「Third, toward reducing costs, the Company has worked to increase its production ratio in ASEAN countries and South Asia and improve productivity at logistics centers.」
The company continues its cost-reduction initiatives by increasing the production ratio in ASEAN countries and South Asia. - FY2017-Q2First statedAnnual report
「The production ratio in relatively low-cost ASEAN countries and South Asia exceeded 20% for apparel products, while」
The company identifies the apparel production ratio in the low-cost regions of ASEAN and South Asia exceeding 20% as progress in its cost-reduction initiatives.