Improving Asset Efficiency and Advancing Rationalization
First written in FY2016. 15 of 28 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 4 of 42 companies on the "Worse" side.
34 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, our Group (the Company and its consolidated subsidiaries) made capital investments totalling ¥39.3 billion in property, plant and equipment, primarily for the construction, renewal and streamlining of production facilities and the strengthening of our sales structure.」
We continued to strengthen our business base through capital investment and asset utilisation, making capital investments totalling ¥39.3 billion during the fiscal year. - 2026-05-13AdvancedFinancial results presentation materials
「The sales-to-total-assets turnover ratio is managed with a benchmark of 1x.」
Provided a specific management benchmark for the sales-to-total-assets turnover ratio as part of efforts to improve asset efficiency. - FY2024AdvancedAnnual report
「During the consolidated fiscal year, we sold the following major facility. Company name: the Company; site name: Tokyo Plant; location: Katsushika-ku, Tokyo; description of facility: land; date of sale, etc.: April 2023.」
The planned sale of the former Tokyo Plant site was completed in April 2023 as an asset-efficiency improvement measure, and a gain on the sale of fixed assets of ¥65,763 million was recognised. - FY2024-Q3ReframedAnnual report
「From the perspective of asset utilisation, we are working to strengthen our intellectual property base and promote the use of domestically produced milk resources.」
In addition to improving asset efficiency through the sale of fixed assets and streamlining, the Company identifies the use of its intellectual property base and domestically produced milk resources as asset utilisation measures to strengthen its operating base. - FY2022AdvancedAnnual report
「Improving asset efficiency (sale of the former Kinki Plant site and Konan Building (Minato-ku, Tokyo): extraordinary gain recognised in the fiscal year ending March 2022; sale of the former Tokyo Plant site: extraordinary gain scheduled to be recognised in the fiscal year ending March 2024).」
An extraordinary gain was recognised from the sale of the former Kinki Plant site and Konan Building, while the sale of the former Tokyo Plant site and recognition of an extraordinary gain in the fiscal year ending March 2024 were given concrete form. - FY2022-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 9 February 2022, we resolved to transfer the fixed assets owned by the Company as described below.」
The Company resolved to transfer the 66,798.00 m² former Tokyo Plant site as trust beneficiary rights as an asset-efficiency improvement measure. A gain on transfer of approximately ¥65 billion is expected, with the contract scheduled to be signed in March 2022 and delivery scheduled for April 2023. - FY2022-Q2AdvancedAnnual report
「Net cash used in investing activities was ¥7,846 million, a decrease of ¥8,335 million in expenditure from the same period of the previous year. The main factors included ¥6,579 million in proceeds from the sale of fixed assets, ¥10,905 million in expenditure for the acquisition of fixed assets, and ¥3,269 million in expenditure for the acquisition of shares in subsidiaries resulting in a change in the scope of consolidation.」
Proceeds of ¥6,579 million from the sale of fixed assets were recognised. Although the filing does not explicitly link this transaction to the individual sale plans for the former Kinki Plant site and Konan Building, it is reported as a result related to asset-efficiency improvement measures. - FY2022-Q1RestatedAnnual report
「Improving asset efficiency (sale of the former Kinki Plant site and Konan Building (Minato-ku, Tokyo): extraordinary gain scheduled to be recognised in the fiscal year ending March 2022).」
The sale of the former Kinki Plant site and Konan Building, together with the planned recognition of an extraordinary gain in the fiscal year ending March 2022, continues to be reported as an asset-efficiency improvement measure. - FY2021AdvancedAnnual report
「In December 2019, we transferred part of the trust beneficiary rights to real estate owned by our Group. In the fiscal year ending March 2022, we also plan to sell the former Kinki Plant site and Konan Building (Minato-ku, Tokyo), and will continue to pursue further improvements in asset efficiency and maximisation of value.」
Following the transfer of the trust beneficiary rights to real estate, the plan to sell the former Kinki Plant site and Konan Building in the fiscal year ending March 2022 has been given concrete form. - FY2021-Q3RestatedAnnual report
「To address rising operating costs, we implemented measures including improving the product mix by reviewing low-margin products, promoting low-cost operations and revising prices.」
We continue to pursue streamlining and efficiency improvements by reviewing low-margin products, improving the product mix, implementing low-cost operations and revising prices. - FY2021-Q1RestatedAnnual report
「To address rising operating costs, we implemented measures including improving the product mix by reviewing low-margin products, promoting low-cost operations and revising prices.」
We continue to pursue streamlining and efficiency improvements by reviewing low-margin products, improving the product mix, implementing low-cost operations and revising prices. - FY2020AdvancedAnnual report
「In December 2019, we also transferred part of the trust beneficiary rights to real estate owned by our Group, with the aim of further improving asset efficiency and maximising value.」
The partial transfer of trust beneficiary rights to real estate was completed and asset efficiency measures were implemented. The filing also reported a gain on the sale of fixed assets of ¥6,849 million and sale proceeds of ¥12.2 billion. - FY2020-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 11 April 2019, we resolved to transfer the fixed assets (trust beneficiary rights) owned by our consolidated subsidiary M.M. Property Funding Co., Ltd. as described below, and completed the transfer on 3 December 2019.」
The planned transfer of the trust beneficiary rights to real estate for FY2019 was completed on 3 December 2019. The transfer was intended to maximise the asset value of Morinaga Plaza Building and promote coexistence with the local community, with a gain on transfer of approximately ¥7 billion expected. - FY2020-Q2RestatedAnnual report
「To address increases in all costs, including raw materials and operating costs, we implemented measures including improving the product mix by reviewing low-margin products, promoting low-cost operations and revising prices.」
We continue to pursue streamlining and efficiency improvements by reviewing low-margin products, improving the product mix, implementing low-cost operations and revising prices. - FY2020-Q1RestatedAnnual report
「To address increases in all costs, including raw materials and operating costs, we implemented measures including improving the product mix by reviewing low-margin products, promoting low-cost operations and revising prices.」
We continue to pursue streamlining and efficiency improvements by reviewing low-margin products, improving the product mix, implementing low-cost operations and revising prices. - FY2019AdvancedAnnual report
「In December 2019, we will also transfer part of the trust beneficiary rights to real estate owned by our Group, with the aim of further improving asset efficiency and maximising value.」
In addition to reviewing low-margin products and implementing low-cost operations, the partial transfer of trust beneficiary rights to real estate is scheduled for December 2019, giving concrete form to efforts to improve asset efficiency. - FY2019-Q3RestatedAnnual report
「While working to provide products that meet customer needs and communicate their value, we are promoting rationalization and efficiency improvements, including improving the product mix by reviewing low-profitability products and promoting low-cost operations.」
The company continues to pursue rationalization and efficiency improvements through reviewing low-profitability products, improving the product mix, and implementing low-cost operations. - FY2019-Q2RestatedAnnual report
「While working to provide products that meet customer needs and communicate their value, we are promoting rationalization and efficiency improvements, including improving the product mix by reviewing low-profitability products and promoting low-cost operations.」
The company continues to pursue rationalization and efficiency improvements through reviewing low-profitability products, improving the product mix, and implementing low-cost operations. - FY2019-Q1RestatedAnnual report
「While working to provide products that meet customer needs and communicate their value, we are promoting rationalization and efficiency improvements, including improving the product mix by reviewing low-profitability products and promoting low-cost operations.」
The company continues to pursue rationalization and efficiency improvements through reviewing low-profitability products, improving the product mix, and implementing low-cost operations. - FY2018RestatedAnnual report
「While working to provide products that meet customer needs and communicate their value, we have also pursued further streamlining and efficiency improvements, including improving the product mix by reviewing low-margin products and promoting low-cost operations.」
The company continues to pursue rationalization and efficiency improvements through reviewing low-profitability products, improving the product mix, and implementing low-cost operations. - FY2018-Q3RestatedAnnual report
「While working to provide products that meet customer needs and communicate their value, we are also pursuing further streamlining and efficiency improvements, including improving the product mix by reviewing low-margin products and promoting low-cost operations.」
The company continues to pursue rationalization and efficiency improvements through reviewing low-profitability products, improving the product mix, and implementing low-cost operations. - FY2018-Q2RestatedAnnual report
「We are pursuing further streamlining and efficiency improvements, including improving the product mix by reviewing low-margin products and promoting low-cost operations.」
The company continues to pursue rationalization and efficiency improvements through reviewing low-profitability products, improving the product mix, and implementing low-cost operations. - FY2018-Q1RestatedAnnual report
「While working to provide products that meet customer needs and communicate their value, we are promoting rationalization and efficiency improvements, including improving the product mix by reviewing low-profitability products and promoting low-cost operations.」
The company continues to pursue rationalization and efficiency improvements through reviewing low-profitability products, improving the product mix, and implementing low-cost operations. - FY2017AdvancedAnnual report
「We pursued thorough rationalization and efficiency improvements, including optimizing the number of product items and improving the product mix by reducing low-profitability products, as well as promoting low-cost operations in production and other areas. As a result, profitability improved substantially.」
In addition to the previous efficiency initiatives covering sales promotion expenses, raw materials, production, and logistics, the company advanced specific measures to optimize the number of product items, reduce low-profitability products, and implement low-cost operations, resulting in a substantial improvement in profitability. - FY2017-Q3RestatedAnnual report
「Meanwhile, we worked to improve profitability by ensuring efficient spending on sales promotion expenses, reducing raw material costs, and rationalizing production and logistics.」
The company continues to improve profitability through more efficient sales promotion spending, lower raw material costs, and rationalized production and logistics. No new achievement milestones are stated. - FY2017-Q2RestatedAnnual report
「Meanwhile, we worked to improve profitability by ensuring efficient spending on sales promotion expenses, reducing raw material costs, and rationalizing production and logistics.」
In addition to improving the efficiency of sales promotion spending, the company cites reducing raw material costs and rationalizing production and logistics as measures to improve profitability. No specific achievement milestones are provided. - FY2017-Q1RestatedAnnual report
「In addition to ensuring efficient spending on sales promotion expenses and procuring raw materials on favorable terms, we reviewed low-profitability businesses and concentrated management resources on core businesses, while working to improve profitability by increasing the value added of our products.」
The company continues to improve the efficiency of sales promotion spending and also cites favorable raw material procurement and business reviews as measures to improve profitability. - FY2016First statedAnnual report
「We pursued initiatives under the medium-term management plan to improve asset efficiency and promote rationalization, including ensuring efficient spending on sales promotion expenses and advancing the sale of fixed assets.」
Specifies more efficient sales promotion spending and fixed-asset sales as measures.