Latest news with #OEM
Associated Press
18 hours ago
- Business
- Associated Press
$6.16 Billion Market is Formalizing Through Manufacturer-Led Returns, Specialized Platforms, and Circular Design Alignment
DUBLIN--(BUSINESS WIRE)--Jul 23, 2025-- The 'Japan Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update' report has been added to offering. The recommerce market in Japan is expected to grow by 10.2% on annual basis to reach US$6.16 billion in 2025. The recommerce market in the country experienced robust growth during 2020-2024, achieving a CAGR of 12.7%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 8.4% during 2025-2029. By the end of 2029, the recommerce market is projected to expand from its 2024 value of USD 5.59 billion to approximately USD 8.50 billion. This report provides a detailed data-centric analysis of the recommerce market in Japan, covering market opportunities and risks across consumer segments (peer-to-peer and business-led resale); product categories; sales channels; and resale formats. With over 60+ KPIs at the country level, this report provides a comprehensive understanding of recommerce market dynamics. Recommerce in Japan Is Formalizing Through Manufacturer-Led Returns, Specialized Platforms, and Circular Design Alignment Japan's recommerce market is transitioning from informal peer-to-peer resale to structured, compliance-aligned, and specialist-operated ecosystems. With strong cultural foundations in repair and reuse, the sector is now scaling through OEM-controlled refurbishment programs, vertical resale platforms, and government-backed circular economy initiatives. Electronics, fashion, and home goods are leading the shift. Japan's recommerce ecosystem is consolidating around domestic platform champions, OEM resale programs, and retail enablers. Government policy and circular economy goals are reinforcing the growth of structured resale networks. Electronics and fashion recommerce in Japan are entering a phase of formal consolidation. Manufacturers, telcos, and resale platforms are scaling refurbishment and resale infrastructure in response to policy alignment and consumer demand. Government compliance and platform specialization will be the defining features of Japan's recommerce evolution over the next 2-4 years. Electronics Recommerce Is Being Institutionalized by OEM-Controlled Trade-In and Refurbishment Apparel Recommerce Is Expanding Through Department Store Partnerships and Platform-Led Models Competitive Landscape in Japan Is Being Shaped by Platform Leaders and Policy-Aligned Resale Infrastructure Domestic Platforms Are Scaling Recommerce Through Category Specialization OEMs and Retailers Are Partnering on Take-Back and Refurbishment Scope Japan Recommerce Market Size and Growth Dynamics Japan Recommerce Market Size and Forecast by Sector Japan Recommerce Market Size and Forecast by Retail Category Japan Recommerce by Channel Japan Recommerce by Sales Model Japan Recommerce by Digital Engagement Channel Japan Recommerce by Platform Type Japan Recommerce by Device and OS Japan Recommerce by City Tier Japan Recommerce by Payment Instrument Japan Recommerce Market Share Analysis Japan Recommerce by Consumer Demographics Key Attributes: For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: JAPAN ASIA PACIFIC INDUSTRY KEYWORD: TECHNOLOGY ELECTRONIC COMMERCE SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/23/2025 02:25 PM/DISC: 07/23/2025 02:25 PM
Globe and Mail
2 days ago
- Business
- Globe and Mail
Broadwind Announces $6 Million Follow-On Order for Precision Machined Gearing Products
CICERO, Ill., July 22, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the 'Company'), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that the Company has received a follow-on order of over $6 million from a leading OEM in the natural gas turbine segment of the power generation end-market. This order represents the minimum first year commitment on a two-year agreement that includes potential for additional volume. Under the agreement, Broadwind will manufacture precision machined gearing products for use in natural gas turbines. Production is expected to begin in the fourth quarter of 2025, with fulfillment in 2026 and 2027. 'This order reflects our strategy to capitalize on sustained, multi-year demand trends in the power generation market,' stated Eric Blashford, President and CEO of Broadwind. 'As we work to complete the initial order awarded in the first quarter of 2025, this expanded commitment underscores the strength of our precision manufacturing capabilities and supports our long-term growth in higher-value precision-machining verticals.' ABOUT BROADWIND Broadwind (Nasdaq: BWEN) is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. With facilities throughout the U.S., our talented team is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at FORWARD-LOOKING STATEMENTS This release contains 'forward-looking statements'—that is, statements related to future, not past, events—as defined in Section 21E of the Securities Exchange Act of 1934, as amended, (the 'Exchange Act'), that reflect our current expectations regarding our future growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities, as well as assumptions made by, and information currently available to, our management. We have tried to identify forward-looking statements by using words such as 'anticipate,' 'believe,' 'expect,' 'intend,' 'will,' 'should,' 'may,' 'plan' and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. Forward-looking statements include any statement that does not directly relate to a current or historical fact. Our forward-looking statements may include or relate to our beliefs, expectations, plans and/or assumptions with respect to the following: (i) our expectations and beliefs with respect to our financial guidance; (ii) the impact of global health concerns on the economies and financial markets and the demand for our products; (iii) state, local and federal regulatory frameworks affecting the industries in which we compete, including the wind energy industry, and the related extension, continuation or renewal of federal tax incentives and grants, including the advanced manufacturing tax credits and state renewable portfolio standards as well as new or continuing tariffs on steel or other products imported into the United States; (iv) our customer relationships and our substantial dependency on a few significant customers and our efforts to diversify our customer base and sector focus and leverage relationships across business units; (v) our ability to operate our business efficiently, comply with our debt obligations, manage capital expenditures and costs effectively, and generate cash flow; (vi) the economic and operational stability of our significant customers and suppliers, including their respective supply chains, and the ability to source alternative suppliers as necessary; (vii) our ability to continue to grow our business organically and through acquisitions; (viii) the production, sales, collections, customer deposits and revenues generated by new customer orders and our ability to realize the resulting cash flows; (ix) information technology failures, network disruptions, cybersecurity attacks or breaches in data security; (x) the sufficiency of our liquidity and alternate sources of funding, if necessary; (xi) our ability to realize revenue from customer orders and backlog (including our ability to finalize the terms of the remaining obligations under a supply agreement with a leading global wind turbine manufacturer); (xii) the economy and the potential impact it may have on our business, including our customers; (xiii) the state of the wind energy market and other energy and industrial markets generally, including the availability of tax credits, and the impact of competition and economic volatility in those markets; (xiv) the effects of market disruptions and regular market volatility, including fluctuations in the price of oil, gas and other commodities; (xv) competition from new or existing industry participants including, in particular, increased competition from foreign tower manufacturers; (xvi) the effects of the change of administrations in the U.S. federal government; (xvii) our ability to successfully integrate and operate acquired companies and to identify, negotiate and execute future acquisitions; (xviii) the potential loss of tax benefits if we experience an 'ownership change' under Section 382 of the Internal Revenue Code of 1986, as amended; (xix) the effects of proxy contests and actions of activist stockholders; (xx) the limited trading market for our securities and the volatility of market price for our securities; (xxi) our outstanding indebtedness and its impact on our business activities (including our ability to incur additional debt in the future); and (xxii) the impact of future sales of our common stock or securities convertible into our common stock on our stock price. These statements are based on information currently available to us and are subject to various risks, uncertainties and other factors that could cause our actual growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities to differ materially from those expressed in, or implied by, these statements including, but not limited to, those set forth under the caption 'Risk Factors' in Part I, Item 1A of our most recently filed Form 10-K. We are under no duty to update any of these statements. You should not consider any list of such factors to be an exhaustive statement of all of the risks, uncertainties or other factors that could cause our current beliefs, expectations, plans and/or assumptions to change. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results.
Globe and Mail
2 days ago
- Business
- Globe and Mail
Varex Schedules Third Quarter Fiscal Year 2025 Earnings Release and Conference Call
Varex Imaging Corporation (Nasdaq: VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2025, following the close of regular trading on Thursday, August 7, 2025. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at Investors can also access this conference call at 877-524-8416 from anywhere in the U.S. or 412-902-1028 from non-U.S. locations. The webcast of this call will be archived on the company's website and a replay of the call will be available from August 7th through August 21st at 877-660-6853 from anywhere in the U.S. or 201-612-7415 from non-U.S. locations. The replay conference call access code is 13754994. The listen-only webcast link is: About Varex Varex Imaging Corporation is a leading innovator, designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems, as well as X-ray imaging systems for industrial applications. With a 70+ year history of successful innovation, Varex's products are used in medical imaging as well as in industrial and security imaging applications. Global OEM manufacturers incorporate the company's X-ray sources, digital detectors, connecting devices and imaging software in their systems to detect, diagnose, protect and inspect. Headquartered in Salt Lake City, Utah, Varex employs approximately 2,300 people located in North America, Europe, and Asia. For more information visit
Yahoo
2 days ago
- Automotive
- Yahoo
Inchcape acquires Askja distributor in Iceland
UK-based independent automotive distributor Inchcape says it has agreed to acquire Iceland-based Askja and its associated businesses. Askja is described as Iceland's 'leading automotive distributor'. The company says the bolt-on acquisition further scales and enhances the Inchcape Group's geographic footprint in its Europe and Africa region and broadens the range of Inchcape's OEM partnerships. Over the last 20 years, Askja has developed a broad-based and diversified portfolio of OEM partnerships in Iceland, where it is the exclusive distributor for a range of leading global OEM partners, across a diverse range of automotive sub-sectors, including Mercedes-Benz Cars and Vans and Kia - a new OEM partner for Inchcape. Inchcape on the opportunities ahead in the auto industry's transformation Askja generated revenue of £150m in FY 2024, employing 260 people. During FY 2024, Iceland's TIV (Total Industry Volume for passenger cars and light commercial vehicles) was approximately 12,000 new vehicles, of which Askja holds a 16% market share. The transaction is subject to customary conditions and approvals, and is expected to complete during Q3 2025. Duncan Tait, Inchcape Group Chief Executive, said: "We are delighted to announce the acquisition of Askja, which is an excellent strategic fit for Inchcape, given its strong track record, diversified OEM brand portfolio, talented people and market leadership position. Iceland, a new market for Inchcape, represents an attractive opportunity to expand our footprint in our Europe and Africa region, while the acquisition also broadens the range of our OEM partnerships, as well as strengthening a number of our existing OEM relationships. 'This acquisition exemplifies our Accelerate+ strategy in action, by scaling and diversifying our geographic profile and OEM partner portfolio. By combining the local knowledge and specialist expertise of the acquired businesses with Inchcape's global, market-leading technology capabilities, this transaction will drive value for Inchcape, our shareholders, brand partners and new customers in Iceland." Jón Trausti Ólafsson, Chief Executive of Askja, added: 'We are entering a new chapter with Inchcape where we join a strong company with an excellent reputation and diverse global operations. The combination of Askja's deep local expertise and culture with Inchcape's global know-how will ensure we can continue to lead the Icelandic automotive sector, an exciting new market for Inchcape in Northern Europe. I am very proud of Askja's achievements over the past two decades, including what we have delivered for our OEMs and customers, and what we have built for our people. We look forward to an exciting future with Inchcape." "Inchcape acquires Askja distributor in Iceland" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
2 days ago
- Automotive
- Yahoo
Stellantis NV (STLA) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic ...
Net Revenues: Approximately EUR74.3 billion for the first half of 2025. Adjusted Operating Income (AOI): Approximately EUR540 million, excluding EUR3.3 billion of net charges. Net Loss: Approximately EUR2.3 billion, inclusive of unusual items. Industrial Free Cash Flow: EUR3 billion outflow. Tariff Impact: Approximately EUR330 million net impact in the first half. Foreign Exchange Impact: Just under EUR1 billion year-over-year, primarily related to the Turkish lira, euro, U.S. dollar, and Brazilian real. Inventory Levels: Total vehicle inventories unchanged from the prior six months; OEM inventories up 60,000 units, dealer inventories down 60,000 units. Warning! GuruFocus has detected 12 Warning Signs with STLA. Release Date: July 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Stellantis NV (NYSE:STLA) reported net revenues of approximately EUR74.3 billion for the first half of 2025, indicating strong sales performance. The company launched several new products, including five new B and C segment entries in Europe, which are expected to drive future growth. Stellantis NV (NYSE:STLA) saw sequential improvement from the second half of 2024, with increased volumes and revenues, improved AOI margin, and reduced cash flow outflows. The Middle East and Latin America regions showed strong performance, contributing positively to the company's AOI. Stellantis NV (NYSE:STLA) plans to reestablish financial guidance on July 29, 2025, indicating a proactive approach to addressing current challenges. Negative Points The company reported a bottom line net loss of approximately EUR2.3 billion for the first half of 2025, reflecting significant financial challenges. Stellantis NV (NYSE:STLA) experienced lower-than-expected volumes due to a sluggish European LCV market and lower production ramp-up of newly launched products. Higher industrial costs, including increased fixed asset absorption and warranty costs, negatively impacted profitability. Foreign exchange fluctuations, particularly involving the Turkish lira and euro, resulted in a negative impact of just under EUR1 billion year-over-year. Tariffs had a net impact of approximately EUR330 million in the first half, with expectations of increased impact in the second half. Q & A Highlights Q: Can you explain the continued market share losses in the U.S. and Europe, and how the ramp-up for the Smart platform has been an issue? A: Douglas R. Ostermann, Stellantis NV - Chief Financial Officer: Our market share in Europe is up by about 130 basis points compared to the second half of last year, thanks to new product launches. However, the ramp-up has been slower than expected. The sluggish European LCV market, where we hold a 30% share, has also impacted us. We are addressing these issues with new product launches, including the Fiat Grande Panda, and are working on programs to encourage fleet renewals. Q: Should we expect higher margins in the Middle East, Africa, and LatAm regions due to strong performance? A: Douglas R. Ostermann, Stellantis NV - Chief Financial Officer: We continue to have a strong business in the Middle East, supported by a young and affluent population. Our brands are well-received, and we are well-positioned in these regions. Detailed regional performance will be discussed in the upcoming call on July 29. Q: Can you comment on the gap between operating cash flow and free cash flow? A: Douglas R. Ostermann, Stellantis NV - Chief Financial Officer: The difference is due to the inclusion of the financial services business in operating cash flow, which saw increased capital use, particularly in North America. The industrial free cash flow, which excludes financial services, was negative due to insufficient AOI to cover R&D and CapEx. Q: What actions are being taken to regain market share in the Ram fleet segment? A: Douglas R. Ostermann, Stellantis NV - Chief Financial Officer: We are reintroducing the V8 engine in the Ram pickup truck and launching the Express model to address the lower end of the market. We are also improving production numbers to regain fleet market share and have reintroduced Ram into NASCAR to boost brand excitement. Q: How do you view the liquidity of the business, and what are your expectations for cash generation in the second half? A: Douglas R. Ostermann, Stellantis NV - Chief Financial Officer: We aim to maintain liquidity at 25% to 30% of trailing 12-month revenues. Despite first-half cash burn, we remain within this range. We issued debt in the U.S. and European markets to cover upcoming maturities. We plan to generate positive industrial free cash flow in the second half, with more details to be provided on July 29. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
