Reconfiguration of the Baked Goods Line and Reinforcement of Equipment at the Seishin Plant
First written in FY2018. 8 of 11 entries say "Restated". Latest entry: FY2023.
Morozoff Limited moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「To respond flexibly to our product and brand strategies and market strategies, we will construct and relocate new plant buildings, establish increased-production capabilities by installing new baked-goods manufacturing lines and strengthening equipment, and establish a stable supply system for baked goods. Under our logistics strategy, we will rebuild our logistics functions, including by establishing a new distribution center, with the aim of creating a stable logistics structure.」
The company has broadened the scope of its plan from the completed rebuilding of the Seishin Plant’s baked-goods line to rebuilding its supply and logistics structures, including constructing and relocating new plant buildings, installing new baked-goods lines, strengthening equipment, and establishing a new distribution center. - FY2022RestatedAnnual report
「While optimizing the products manufactured at each plant in response to changes in revenue and product mix, we will relocate manufacturing lines and strengthen equipment to respond flexibly to our market and product and brand strategies, and will work to improve productivity.」
The company continues its policy of optimizing the products manufactured at each plant, relocating manufacturing lines, strengthening equipment, and improving productivity. - FY2021AchievedAnnual report
「With the aim of improving productivity and achieving sustainability, we rebuilt the baked-goods line at the Seishin Plant over a 4-year period beginning with the fiscal year ending January 2018, and completed the project in the fiscal year ending January 2021.」
The company explicitly states that the rebuilding of the baked-goods line at the Seishin Plant, carried out over 4 years from the fiscal year ending January 2018, was completed in the fiscal year ending January 2021. - FY2020RestatedAnnual report
「Under our production strategy, we have been rebuilding the baked-goods line at the Seishin Plant over a 4-year period beginning with the fiscal year ending January 2018, with the aim of improving productivity and achieving sustainability, and the project will be completed in the fiscal year ending January 2021.」
The company reconfirms its plan to continue rebuilding the Seishin Plant and complete the project in the fiscal year ending January 2021. The filing does not state that the project had been completed as of the filing date. - FY2020-Q3RestatedAnnual report
「In terms of earnings, various expenses increased due to the impact of lower revenue, as well as higher depreciation and amortization associated with rebuilding the baked-goods line at the Seishin Plant and opening and renovating stores, higher personnel expenses amid labor shortages, and higher shipping costs resulting from increased freight rates,」
The company continues to cite the rebuilding of the baked-goods line at the Seishin Plant as a factor behind higher depreciation and amortization. No new completion stage is indicated. - FY2020-Q2RestatedAnnual report
「In terms of earnings, various expenses increased, including depreciation and amortization associated with rebuilding the baked-goods line at the Seishin Plant and opening and renovating stores, higher personnel expenses due to labor shortages, and higher shipping costs resulting from increased freight rates,」
The company continues to cite the rebuilding of the baked-goods line at the Seishin Plant as a factor behind higher costs. No new completion stage is indicated. - FY2020-Q1RestatedAnnual report
「The upward trend in raw-material costs and the increase in depreciation and amortization associated with rebuilding the baked-goods line at the Seishin Plant」
The company continues to cite the ongoing rebuilding of the baked-goods line at the Seishin Plant as a factor behind higher depreciation and amortization. No new completion stage is indicated. - FY2019RestatedAnnual report
「Under our production strategy, we continue to invest in rebuilding the baked-goods line at the Seishin Plant, an initiative launched in fiscal 2017 to improve productivity and achieve sustainability, with cumulative investment totaling ¥1.77 billion. We will also continue relocating manufacturing lines and strengthening equipment while optimizing the products manufactured at each plant, so that we can respond flexibly to our sales-channel and product and brand strategies.」
The company states that cumulative investment in rebuilding the Seishin Plant has reached ¥1.77 billion and that the relocation of manufacturing lines and strengthening of equipment are continuing. The initiative remains ongoing, with no new completion stage indicated. - FY2019-Q3RestatedAnnual report
「Increase in depreciation and amortization resulting from the rebuilding of the baked-goods line at the Seishin Plant」
The company states that the rebuilding of the baked-goods line at the Seishin Plant is continuing and has resulted in higher depreciation and amortization. No new completion stage is indicated. - FY2019-Q2RestatedAnnual report
「Increase in depreciation and amortization resulting from the rebuilding of the baked-goods line at the Seishin Plant」
The company states that the rebuilding of the baked-goods line at the Seishin Plant is continuing and has resulted in higher depreciation and amortization. No new completion stage is indicated. - FY2018First statedAnnual report
「To enable sustained productivity improvements and the continued development of better products, we began rebuilding the baked-goods line at our main Seishin Plant, and construction to expand and renovate the plant buildings has been completed. We will continue relocating the manufacturing lines and strengthening the equipment.」
The company began rebuilding the baked-goods line at the Seishin Plant and, following completion of the building expansion and renovation, will continue relocating the manufacturing lines and strengthening the equipment.