Strengthening procurement capabilities and regional sales through making 伊予農産株式会社 a wholly owned subsidiary and integrating management
First written in FY2021. 6 of 11 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「Through collaboration with newly consolidated subsidiary ピーエスピー株式会社, we aim to expand the scale of our vegetable-seedling production and seed-coating processing businesses by leveraging our nationwide locations and sales network.」
In addition to the policy of strengthening the foundation of the agricultural-materials and seedling-related businesses, including management integration with 伊予農産, the company indicated plans to expand its scale through collaboration with a new subsidiary. - FY2024-Q2RestatedAnnual report
「Under the long-term vision set out in the medium-term management plan, our group has worked to strengthen the foundation of the vegetable seedling and related businesses by restructuring its production and sales systems, and to strengthen sales and purchasing power for agricultural materials in preparation for diversification and the expansion of product categories.」
The company continues its policy of diversification, expanding its product range, and rebuilding its production and sales structure, including strengthening agricultural-materials sales and purchasing power following management integration with 伊予農産. - FY2023AdvancedAnnual report
「In this business segment, the agricultural and horticultural seed and materials sales business operated by 伊予農産株式会社, which had been reported in the Wholesale Business segment since the beginning of the current consolidated fiscal year, was included, resulting in higher sales of seeds for fruit and leafy vegetables, fertilizers, pesticides and other agricultural materials, primarily in Ehime Prefecture. …As a result, revenue for the current consolidated fiscal year was ¥906.767 million, up 25.3% year on year, and segment profit (operating profit) was ¥26.787 million, compared with a segment loss of ¥4.301 million in the previous fiscal year.」
Management integration with 伊予農産 increased sales of agricultural materials and seeds, among other products, and the agricultural and horticultural seed and materials sales business turned from a loss to a profit of ¥26.787 million. - FY2023-Q3AdvancedAnnual report
「In this business segment, the vegetable-seedling and seedling-related business operated by 伊予農産株式会社, which had been reported in the Wholesale Business segment since the beginning of the first quarter consolidated accounting period, was included, resulting in higher sales of fruit vegetables such as tomatoes and eggplants, mainly in Shikoku, as well as onion seedlings and flower seedlings.」
The incorporation of 伊予農産's vegetable-seedling and seedling-related business into this segment increased sales of fruit vegetables, onion seedlings and flower seedlings, mainly in Shikoku. Revenue from the vegetable-seedling and seedling-related business was ¥3,965.452 million, up 9.6% year on year. - FY2023-Q2RestatedAnnual report
「① Through management integration with 伊予農産株式会社, strengthening collaboration with domestic agricultural-materials manufacturers and seed companies, expanding the business domain and strengthening purchasing power through the development of new varieties」
The company continues to pursue collaboration with agricultural-materials manufacturers and seed companies, new-variety development, and the strengthening of its business domain and purchasing power through management integration with 伊予農産. - FY2023-Q1AdvancedAnnual report
「As the vegetable-seedling and seedling-related business operated by 伊予農産株式会社, which had been reported in the Wholesale Business segment since the beginning of the first quarter consolidated accounting period, was included, sales of fruit vegetables such as tomatoes and eggplants, mainly in Shikoku, and onion seedlings, primarily for the Chugoku and Chubu regions, increased.」
The vegetable-seedling and seedling-related business of wholly owned subsidiary 伊予農産 was incorporated into this segment, increasing seedling sales in the Shikoku, Chugoku and Chubu regions. - FY2022RestatedAnnual report
「During the first quarter of the current consolidated accounting period, we added the wholesale business by including 伊予農産株式会社, which purchases and sells agricultural materials, including vegetable seedlings, primarily to agricultural cooperatives and producers in Ehime Prefecture, in the scope of consolidation.」
Following the full integration of 伊予農産, the wholesale business was incorporated into the consolidated results for the full fiscal year, generating revenue of ¥1,040.733 million and a segment loss of ¥14.999 million. - FY2022-Q3AdvancedAnnual report
「During the first quarter of the current consolidated cumulative period, we added the wholesale business by including 伊予農産株式会社, which purchases and sells agricultural materials, including vegetable seedlings, primarily to agricultural cooperatives and producers in Ehime Prefecture, in the scope of consolidation. Accordingly, from the second quarter consolidated accounting period, the wholesale business's results were incorporated into the consolidated results. As a result, revenue for the first nine months of the current consolidated fiscal year was ¥681.223 million, and the segment loss (operating loss) was ¥19.910 million.」
Following the full integration of 伊予農産, the wholesale business was incorporated into the consolidated results, generating revenue of ¥681.223 million and a segment loss of ¥19.910 million. - FY2022-Q2AdvancedAnnual report
「We also strengthened sales outside our stores. Sales increased through the promotion of sales of Ehime products, including citrus fruit, and the sale of vegetable seedlings, agricultural materials and other products to producers in Ehime Prefecture, in cooperation with 伊予農産, which recently became a consolidated subsidiary.」
The company expanded its collaboration with wholly owned subsidiary 伊予農産 into retail and agricultural-materials sales, promoting sales in Ehime Prefecture and contributing to higher revenue. - FY2022-Q1AdvancedAnnual report
「During the first quarter of the current consolidated accounting period, we acquired shares in 伊予農産株式会社, which operates a wholesale business for agricultural materials and other products, through a share exchange and included the company in the scope of consolidation. Accordingly, we added "Wholesale Business" as a new reporting segment.」
Following the full integration of 伊予農産, the company was included in the scope of consolidation from the current quarter, and the "Wholesale Business" segment was added. Segment assets in the wholesale business increased by ¥831.828 million, and the number of employees increased by 22. - FY2021AchievedAnnual report
「Effective 30 November 2021, we carried out a share exchange under which the company became the wholly owning parent company and 伊予農産株式会社 became the wholly owned subsidiary. …Voting rights ratio after acquisition: 100.00%…Number of shares issued: 177,000」
伊予農産 was made a wholly owned subsidiary through a share exchange. The stated aim was to accelerate the growth strategy through improved profitability from stronger raw-material procurement, locally rooted sales activities, and new services.