KYOCERA VIETNAM COMPANY LIMITED

KYOCERA VIETNAM COMPANY LIMITED (CÔNG TY TNHH KYOCERA VIỆT NAM) is a wholly foreign-owned manufacturing enterprise established on August 4, 2011, in Hung Yen Province, Vietnam. It operates as a one-member limited liability company under Business ID and Tax Code 0900706140, duly registered with the Hung Yen Department of Planning and Investment. With a paid-up capital of over USD 79.3 million and a charter capital declared at USD 83.29 million, the company is a key Southeast Asian production base of Kyocera Corporation, a globally renowned Japanese conglomerate headquartered in Kyoto, Japan.

The headquarters and main production facilities of KYOCERA VIETNAM COMPANY LIMITED are located in Thang Long II Industrial Park, spanning multiple workshops in Lieu Xa and Di Su communes, Yen My District and My Hao Town of Hung Yen Province. The company employs approximately 2,800 workers and specializes in high-tech manufacturing, including surface mount devices (SMDs), ceramic packaging, electrical connectors, cutting tools, and precision industrial components. It is also involved in the production of porcelain and ceramic products, plastic components, and communication equipment, reflecting the diversified technological scope of the parent Kyocera brand.

From a financial risk perspective, the company presents a complex performance profile. In FY2023 (ending March 31, 2023), KYOCERA VIETNAM COMPANY LIMITED recorded total assets of USD 262.47 million, marking a strong year-over-year growth of 27.75%. Sales also rose to USD 140.39 million, a 9.32% increase from the previous fiscal year. However, despite this topline growth, the company suffered a net loss of USD 6.58 million a steep reversal of the prior year’s profit of USD 2.7 million and a dramatic 344% year-over-year drop in profitability. Owner’s equity also declined to USD 81.75 million, down 7.83% from 2022, while working capital stood at a modest USD 44.43 million, suggesting a cautious liquidity posture amid capital-intensive operations.

The sustained investment in assets and growing revenues underscore KYOCERA VIETNAM COMPANY LIMITED’s long-term strategic commitment to Vietnam as a manufacturing hub. However, the sharp plunge into negative earnings highlights operational inefficiencies, possible supply chain disruptions, or cost inflation pressures that warrant concern. The company’s exposure to global electronics demand cycles and the intricacies of precision component manufacturing make it susceptible to volatility in profit margins, even as its asset base and revenue capacity expand.

In summary, KYOCERA VIETNAM COMPANY LIMITED is a significant high-tech manufacturing enterprise with strong institutional backing from its Japanese parent. While its operational scale and asset growth remain impressive, the recent financial loss signals an urgent need for internal optimization and risk management. Strategic partners, suppliers, and credit institutions should continue to monitor its performance closely.  VANGUARD BUSINESS INFORMATION LLC (VBI), a leading authority on corporate intelligence and credit risk evaluation in Vietnam, independently prepared this credit and operational review.