Separation of the food business and concentration of management resources on the egg business
First written in FY2018-Q3. 13 of 16 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「As the Company operates as a single segment consisting only of the Egg Business, segment-by-segment disclosure has been omitted.」
The single-segment structure consisting only of the Egg Business has continued following the disposal of the Food Business. - FY2025-H1RestatedAnnual report
「As the Company operates as a single segment, the Egg Business, this information has been omitted.」
Following the transfer of the Food Business, the Group has continued to operate as a single segment consisting only of the Egg Business. - FY2023-Q3RestatedAnnual report
「As the Company operates as a single segment, the Egg Business, this information has been omitted.」
Following the transfer of the Food Business, the Group has continued to operate as a single segment consisting only of the Egg Business. - FY2022-Q3RestatedAnnual report
「As the Group operates as a single segment, the Egg Business, this information has been omitted.」
The single-segment structure consisting only of the Egg Business continued in the third quarter following the transfer of the Food Business. - FY2022-Q1RestatedAnnual report
「As the Group operates as a single segment, the Egg Business, this information has been omitted.」
Following the transfer of the Food Business, the Group has continued to operate as a single segment consisting only of the Egg Business. - FY2021RestatedAnnual report
「As the Group operates as a single segment consisting only of the Egg Business, segment-by-segment disclosure has been omitted.」
The single-segment structure consisting only of the Egg Business has continued following the disposal of the Food Business. - FY2021-Q2RestatedAnnual report
「As the Company operates as a single segment, the Egg Business, segment-by-segment disclosure has been omitted.」
The single-segment structure consisting only of the Egg Business has continued following the transfer of the Food Business. - FY2020-Q3RestatedAnnual report
「As the Group operates as a single segment, the Egg Business, this information has been omitted.」
Following the transfer of the Food Business, the Group has continued to operate as a single segment consisting only of the Egg Business. - FY2020-Q2RestatedAnnual report
「As the Group operates as a single segment, the Egg Business, this information has been omitted.」
Following the transfer of the Food Business, the Group has continued to operate as a single segment consisting only of the Egg Business. - FY2020-Q1RestatedAnnual report
「As the Group operates as a single segment, the Egg Business, this information has been omitted.」
Following the transfer of the Food Business, the Group has continued to operate as a single segment consisting only of the Egg Business. - FY2019RestatedAnnual report
「In the previous consolidated fiscal year, the Group had two reportable segments, the Egg Business and the Food Business, but from the current consolidated fiscal year it has changed to a single segment, the Egg Business. This change resulted from the transfer of the Food Business to エスフーズ北海道株式会社 through an absorption-type company split.」
Following the transfer of the Food Business, the single-segment structure centered on the Egg Business was also reflected in full-year disclosure, reaffirming the decision to concentrate management resources on the Egg Business. - FY2019-Q3Decrease in employee numbers following the transferAnnual report
「During the nine months ended the third quarter of the current consolidated fiscal year, the number of consolidated employees decreased by 34 to 203. This was mainly due to the decrease associated with the transfer of the Food Business to エスフーズ北海道株式会社 through an absorption-type company split.」
Following the transfer of the Food Business through an absorption-type company split, the number of consolidated employees decreased by 34 to 203. The separation of the Food Business and concentration on the Egg Business are also reflected in the workforce composition. - FY2019-Q2RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the group's business was changed to a single reportable segment, and segment information has therefore been omitted. This change resulted from the transfer of the food business to S Foods Hokkaido Co., Ltd. through an absorption-type company split.」
Following the transfer of the Food Business, the change to a single-segment structure consisting only of the Egg Business, with segment-by-segment disclosure omitted, continued in the second quarter. - FY2019-Q1RestatedAnnual report
「As the Group's business was changed to a single reportable segment from the first quarter of the current consolidated fiscal year, segment information has been omitted. This change resulted from the succession of the Food Business to S Foods Hokkaido Co., Ltd. through an absorption-type company split.」
Following the transfer of the food business, the company changed its reportable segments to a single egg business segment beginning in the first quarter. The separation of the food business and concentration of management resources on the egg business are also reflected in the business reporting. - FY2018AchievedAnnual report
「On 1 April this year, we transferred our food business, including meat sales, to S Foods Hokkaido Co., Ltd. In considering our future business development, we concluded that it would be difficult for the food business to establish clear differentiation from competitors, and decided that concentrating management resources on our area of expertise, the egg business, would make a major contribution to the company's growth.」
The transfer of the food business to S Foods Hokkaido Co., Ltd. was completed on 1 April 2018, moving the concentration of management resources on the egg business from the planning stage to execution. - FY2018-Q3First statedAnnual report
「The food business accounts for only approximately 14% of our sales, with eggs and egg-related products accounting for most of the remainder. In considering our future business development, we concluded that concentrating management resources on the egg business, our area of expertise and a highly profitable business, would make a major contribution to the company's growth.」
As a material subsequent event, the company decided to transfer control of the food business to S Foods Co., Ltd. and planned to carry out an absorption-type company split on 1 April 2018. Given that the food business accounted for approximately 14% of sales, the company explicitly stated its reasons for concentrating management resources on the egg business.