Home / Knowledge / News / Textiles / Fujibo Holdings posts 5.1% dip in H1 sales
Fujibo Holdings posts 5.1% dip in H1 sales
Jan '14
Amidst a muted performance from its textiles business, Japan’s Fujibo Holdings, Inc. witnessed a dip in its overall sales revenue in H1 FY 2013-14.
The company, which is engaged in the manufacture and sale of spun yarn, textiles and knitting apart from other businesses, posted a 5.1 per cent decline in its consolidated net sales at 19,091 million yen in the six months ended 30 September 2013 from 20,117 million yen in the same period a year ago.
Net sales from the company’s textile business rose a mere 5.4 per cent to 7,902 million yen in the six months ended 30 September 2013 from the same period a year ago  as weak demand amid an uncertain global economic outlook weighed on the company’s spinning and synthetic fiber business. 
Rising competition from other branded products also weighed on the sales performance of the textile business of Fujibo Holdings, Inc. in H1 FY 2013-14.
The sharp depreciation of the yen against major global currencies following the Bank of Japan’s easy money policies pushed up import prices of raw materials, taking a toll on the profitability of the company’s textiles business.
As a result, operating profit from the textiles business witnessed a dip of 96.1 per cent at 4 million yen in the six months ended 30 September 2013 from the same period a year ago.
Owing to a muted sales performance due to financial problems in Europe and slowdown in emerging markets and rising costs, the company’s consolidated net profit fell by 53.7 per cent to 811 million yen in the six months ended 30 September 2013 from the same period a year ago.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search