Selection and Concentration through Business Process Reform, Structural Reform, Cultural Change and Group Reorganization
First written in FY2017. 12 of 19 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
Prima Meat Packers moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
3 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Head office (Shinagawa-ku, Tokyo) Other Core system development 27,000 18,513 Internal funds 2020 Fiscal 2026 and thereafter」
Although payments already made for core system development increased to ¥18,513 million, the scheduled completion date was pushed back from fiscal 2025 and thereafter to fiscal 2026 and thereafter. - FY2026-H1AdvancedAnnual report
「The main factors were expenditures of ¥6,254 million for the acquisition of property, plant and equipment to update production facilities, improve productivity and stabilize quality, and expenditures of ¥1,280 million for the acquisition of intangible fixed assets for core system development.」
For core system development, the company recorded ¥1,280 million in expenditures for the acquisition of intangible fixed assets during the interim consolidated accounting period, advancing operational reform and digitalization. - FY2025AdvancedAnnual report
「Head office (Shinagawa-ku, Tokyo) Other Core system development 27,000 11,108 Internal funds 2020 Fiscal 2025 and thereafter」
The total planned investment in core system development is ¥27,000 million, with ¥11,108 million already paid, and the scheduled completion date has been updated to fiscal 2025 and thereafter. - FY2025-H1AdvancedAnnual report
「The main factors were ¥3,981 million in payments for the acquisition of property, plant and equipment for the renewal of production equipment, productivity improvements and quality stabilization, and ¥1,270 million in payments for the acquisition of intangible assets for the development of a core system.」
For core system development, the company spent ¥1,270 million during the interim consolidated accounting period on the acquisition of intangible fixed assets. It spent ¥3,981 million on production-facility upgrades and related items. - FY2024-Q2AdvancedAnnual report
「The main factors were expenditures of ¥7,334 million for the acquisition of property, plant and equipment to update production facilities, improve productivity and stabilize quality, and expenditures of ¥3,434 million for the acquisition of intangible fixed assets for core system development.」
The company spent ¥7,334 million on production-facility upgrades and related items and ¥3,434 million on core system development, advancing operational and structural reform and digitalization in concrete terms. - FY2023AdvancedAnnual report
「Reporting company Head office (Shinagawa-ku, Tokyo) Other Core system development 10,663 4,459 Internal funds 2020 Fiscal 2025」
The company has translated operational reform and digitalization into the development of a core system, disclosing a total planned investment of ¥10,663 million, scheduled completion in fiscal 2025, and ¥4,459 million already paid. - FY2022AdvancedAnnual report
「We will also promote the standardization and automation of operations, building efficient business processes that use digital technologies and working toward strategic information management.」
The company has added specific reform measures, namely operational standardization, automation, digital technologies, and strategic information management, to its existing policy of operational and structural reform and group reorganization. - FY2021AdvancedAnnual report
「During the consolidated fiscal year, Tacky Foods Co., Ltd. and Excel Farm Co., Ltd. were included in the scope of consolidation following the acquisition of their shares. Also during the consolidated fiscal year, Prime Delica Co., Ltd., a consolidated subsidiary, absorbed Kumamoto Prima Co., Ltd., which had likewise been a consolidated subsidiary, and the latter was accordingly excluded from the scope of consolidation.」
As part of group reorganization, the company consolidated Tacky Foods and Excel Farm, while Prime Delica absorbed Kumamoto Prima. - FY2020ReframedAnnual report
「Beginning in the current consolidated fiscal year, following a review of the internal management structure, the company changed the method of presentation so that Global Meat Investment Partners Co., Ltd. and 莱陽普瑞食品有限公司, equity-method affiliates previously included in the Processed Foods Business Division, are included in the Meat Business Division reporting segment.」
In addition to changing the reporting segment names in connection with the organizational reorganization, the company reclassified 2 companies from the Processed Foods Business Division to the Meat Business Division, revising its management-based business classification. - FY2020-Q3Review of reporting segment namesAnnual report
「Beginning in the first quarter of the fiscal year, the company reviewed its reporting segment names in connection with an organizational reorganization, changing the former Processed Foods Business Headquarters to the Processed Foods Business Division and the Meat Business Headquarters to the Meat Business Division. These were changes to segment names and had no impact on segment information.」
The company changed the reporting segment names in connection with an organizational reorganization, but explained that there was no impact on segment information. - FY2020-Q2Update to gain on sale of fixed assetsAnnual report
「Gain on sale of tangible fixed assets: ¥2,227 million」
The company disclosed the gain on sales during the cumulative second-quarter period from the sale of fixed assets related to its asset-efficiency initiatives. - FY2020-Q1AdvancedAnnual report
「Gain on sale of property, plant and equipment 174 2,222」
The company recorded a gain on the sale of property, plant and equipment of ¥2,222 million, indicating progress in profit-and-loss terms on the asset-efficiency transaction pursued in the previous fiscal year. - FY2019AdvancedAnnual report
「To improve asset efficiency through the effective use of management resources, we have decided to transfer the land and buildings described below.」
The land and other assets for the Hirakata new factory were transferred on 25 April 2019, advancing asset-efficiency initiatives. The company expects to record a gain on the sale of property, plant and equipment of approximately ¥2,180 million in the fiscal year ending March 2020. - FY2019-Q3AdvancedAnnual report
「In addition, during the second quarter of the fiscal year, Saga Prima Sales Co., Ltd., which had been a consolidated subsidiary, completed its liquidation and was accordingly excluded from the scope of consolidation.」
As part of group reorganization and selective focus, Saga Prima Sales Co., Ltd. completed its liquidation and was excluded from the scope of consolidation. - FY2018RestatedAnnual report
「At the same time, we will continue operational, structural and cultural reform, advance the restructuring of group companies, and improve management efficiency by selectively focusing on our business areas, thereby maximizing group-wide profits.」
The company continues its policy of improving management efficiency through the 3 areas of reform, group reorganization, and selective focus on business areas. - FY2018-Q3AdvancedAnnual report
「During the third quarter of the fiscal year, the company sold part of its interest in Prime Deli Corp., formerly a consolidated subsidiary, and accordingly excluded the company from the scope of consolidation.」
The company describes the specific restructuring measure of selling part of its interest in consolidated subsidiary Prime Deli Corp. and excluding it from the scope of consolidation as part of group reorganization and selective focus. - FY2018-Q2RestatedAnnual report
「During the first quarter of the fiscal year, Prima Ham Kinki Sales Co., Ltd., which had been a consolidated subsidiary through the previous fiscal year, absorbed Ibaraki Best Packer Co., Ltd., also a former consolidated subsidiary, and changed its corporate name to Prima Ham Meat Factory Co., Ltd. As a result of the change in management classification accompanying this group reorganization, Ibaraki Best Packer Co., Ltd., which had previously been included in the Meat Business Headquarters, is now included in the Processed Foods Business Headquarters reporting segment.」
The absorption-type merger of a subsidiary, corporate-name change, and changes to management classifications and reporting segments are reiterated as group reorganization carried out in the previous quarter. - FY2018-Q1AdvancedAnnual report
「During the first quarter of the fiscal year, Prima Ham Kinki Sales Co., Ltd., which had been a consolidated subsidiary through the previous fiscal year, absorbed Ibaraki Best Packer Co., Ltd., also a former consolidated subsidiary, and changed its corporate name to Prima Ham Meat Factory Co., Ltd. As a result of the change in management classification accompanying this group reorganization, Ibaraki Best Packer Co., Ltd., which had previously been included in the Meat Business Headquarters, is now included in the Processed Foods Business Headquarters reporting segment.」
The company describes specific restructuring measures, including the absorption-type merger of group subsidiaries, a corporate-name change, and changes to management classifications and reporting segments. - FY2017First statedAnnual report
「At the same time, we will continue operational, structural and cultural reform, advance the restructuring of group companies, and improve management efficiency by selectively focusing on our business areas, thereby maximizing group-wide profits.」
The 3 areas of reform, group-company restructuring, and selective focus on business areas are recorded as independent themes for the first time as means of improving management efficiency.