Expansion of operations through capital investment associated with increased floor space
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
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- FY2017RestatedAnnual report
「In the advanced medical and pathology diagnostic businesses, operating results were negative due in part to capital investment and higher rent associated with expanding facilities.」
Although it describes measures to expand the business, involving capital investment and higher rent associated with expanding floor space, these are showing up as a burden on earnings in the advanced medical and pathological diagnostics businesses. - FY2017-Q3RestatedAnnual report
「Performance for the cumulative third quarter of the current consolidated fiscal year saw a slight decline in revenue due to sluggish growth in the number of contracted specimens. Operating profit also declined substantially year on year due to capital investment and higher rent associated with expanding facilities.」
The initiative to expand the business through capital investment and higher rent associated with expanding facilities is reiterated and is also cited as a factor behind the decline in operating profit in the pathology diagnostic business. - FY2017-Q2First statedAnnual report
「Capital investment and higher rent associated with expanding facilities to support future business expansion」
In the advanced medical and pathology diagnostic businesses, facility expansion was carried out to support business growth, and the resulting capital investment and higher rent are described as new initiatives and cost factors.