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Umios (1333) · InitiativeCited as achieved

Withdrawal from the Alaska Salmon and Trout Business and Sale of the PPSF Business

First written in FY2021-Q2. 4 of 6 entries say "Cited as achieved", first in FY2022-Q1. Latest entry: FY2022.

6entries
3years
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ProgressHeldSoftenedWorseFirst statedFY2021-Q2Cited as achievedFY2022-Q1 – FY20222020: 120202021: 320212022: 22022
Same theme, other companies
Improving profitability through restructuring and withdrawal from unprofitable businessesA theme 73 companies write about · 2 as a headwind · 76 as a tailwind

7 other companies' latest entry also says "Cited as achieved".

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Showing 14 of the 73 companies compared. The sentences above are computed from all 73.
Full recordFilings, disclosures and news, newest first
  1. FY2022Cited as achievedAnnual report

    「In December 2020, our group withdrew from the North American salmon and trout processing business, which had remained unprofitable for several years.」

    The completed withdrawal from the salmon and trout business was cited as an achievement that formed the basis for reallocating assets to the walleye pollock business and restructuring the North American business.
  2. FY2022-Q3Cited as achievedAnnual report

    「In December 2020, our group withdrew from the North American salmon and trout processing business, which had remained unprofitable for several years.」

    The completed withdrawal from the North American salmon and trout processing business is cited as a past achievement that formed the basis for reallocating assets to the walleye pollock business and restructuring the North American business.
  3. FY2022-Q2Cited as achievedAnnual report

    「North America posted lower revenue and higher profit following its withdrawal from the unprofitable salmon and trout business.」

    The completed withdrawal from the Alaska salmon and trout business is again described as having resulted in lower revenue and higher profit in the North American business.
  4. FY2022-Q1Cited as achievedAnnual report

    「North America posted lower revenue but higher profit following its withdrawal from the unprofitable salmon and trout business.」

    The completed withdrawal from the Alaska salmon and trout business is described as having resulted in lower revenue and higher profit in the North American business.
  5. FY2021AchievedAnnual report

    「The sale was completed on 31 December 2020.」

    The sale of PPSF's fisheries business in preparation for withdrawal from the Alaska salmon and trout business was completed as scheduled.
  6. FY2021-Q2First statedAnnual report

    「In view of these circumstances, we sought to withdraw from the Alaska salmon and trout business and reached an agreement to sell the fisheries business operated by PPSF, including all of its plants and other fixed assets, as the business's principal operations. In accordance with the agreement, the sale is scheduled to be completed on 31 December 2020.」

    The company sought to withdraw from the Alaska salmon and trout business, where earnings improvement was not expected, and entered into an agreement to sell PPSF's fisheries business. The sale was scheduled to be completed on 31 December 2020.
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Withdrawal from the Alaska Salmon and Trout Business and Sale of the PPSF Business | Umios Corporation (1333) | Komori