Restructuring Unprofitable Businesses (Sale of the Texas Farm Hog Farming Business)
First written in FY2017-Q2. 4 of 7 entries say "Cited as achieved", first in FY2018-Q1. Latest entry: FY2018.
7 other companies' latest entry also says "Cited as achieved".
- FY2018Cited as achievedAnnual report
「During the previous consolidated fiscal year, Texas Farm, LLC, a consolidated subsidiary operating a hog farming business in the United States, transferred the business to Seaboard Foods LLC following a review from multiple perspectives, including its future prospects and asset efficiency.」
The sale of Texas Farm, LLC's hog farming business continues to be disclosed as a completed discontinued operation. - FY2018-Q3Cited as achievedAnnual report
「During the second quarter of the previous consolidated fiscal year, Texas Farm, LLC, a consolidated subsidiary operating a hog farming business in the United States, transferred the business to Seaboard Foods LLC following a review from multiple perspectives, including its future prospects and asset efficiency.」
The transfer of Texas Farm, LLC's hog farming business is cited in the discontinued operations note as a completed transaction from a prior period. - FY2018-Q2Cited as achievedAnnual report
「During the second quarter of the previous consolidated fiscal year, Texas Farm, LLC, a consolidated subsidiary operating a hog farming business in the United States, transferred the business to Seaboard Foods LLC following a review from multiple perspectives, including its future prospects and asset efficiency.」
The transfer of Texas Farm, LLC's hog farming business is cited in the discontinued operations note as a completed transaction from a prior period. - FY2018-Q1Cited as achievedAnnual report
「During the second quarter of the previous consolidated fiscal year, Texas Farm, LLC, a consolidated subsidiary operating a hog farming business in the United States, transferred the business to Seaboard Foods LLC following a review from multiple perspectives, including its future prospects and asset efficiency.」
The transfer of Texas Farm, LLC's hog farming business is cited in the discontinued operations note as a completed transaction from a prior period. - FY2017AchievedAnnual report
「During the current consolidated fiscal year, Texas Farm, LLC, a consolidated subsidiary operating a hog farming business in the United States, transferred the business to Seaboard Foods LLC following a review from multiple perspectives, including its future prospects and asset efficiency.」
The transfer of Texas Farm, LLC's hog farming business was completed, and its assets, liabilities and profit or loss were presented separately as a discontinued operation. - FY2017-Q3RestatedAnnual report
「During the second quarter, Texas Farm, LLC, a consolidated subsidiary operating a hog farming business in the United States, transferred the business to Seaboard Foods LLC following a review from multiple perspectives, including its future prospects and asset efficiency.」
The sale of Texas Farm, LLC's hog farming business continues to be presented as a discontinued operation, with the status following the business transfer disclosed. - FY2017-Q2First statedAnnual report
「Overseas, the company advanced growth strategies, including establishing a joint venture in Malaysia, while also restructuring unprofitable businesses, including selling the hog-raising business of its consolidated US subsidiary Texas Farm, LLC.」
For the first time, the company explicitly stated its policy of restructuring unprofitable businesses in parallel with pursuing its growth strategy. During the second quarter of the current fiscal year, Texas Farm, LLC transferred its hog farming business to Seaboard Foods LLC, and the business was presented as a discontinued operation.