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System Location (2480) · InitiativeAchieved

Withdrawal from the auction business and concentration of management resources on the systems business

First written in FY2017-Q3. 2 of 3 entries say "Achieved", first in FY2017. Latest entry: FY2018.

3entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017-Q3AchievedFY2017 – FY20182017: 220172018: 12018
Same theme, other companies
Concentration on the systems business following withdrawal from the auction businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2018AchievedAnnual report

    「The group withdrew from resale business support at the end of the previous fiscal year and decided to concentrate management resources on the systems business from the current fiscal year. It was able to implement the utilization of human resources and the transition of operations as planned.」

    The company completed its withdrawal from resale business support at the end of the previous fiscal year and its concentration of management resources on the systems business, and stated that it had implemented the utilization of human resources and the transition of operations as planned.
  2. FY2017AchievedAnnual report

    「However, as it had become difficult in recent years to foresee sustained growth and expansion in the auto auction market, the company determined that it had sufficiently fulfilled its role to date and decided to withdraw from the business at the end of the consolidated fiscal year. Going forward, it will concentrate management resources on systems-related business support to stabilize and expand its earnings base.」

    The company completed its withdrawal from the auction business at the end of March 2017 and moved into the implementation phase of its policy to concentrate management resources on systems-related business support.
  3. FY2017-Q3First statedAnnual report

    「The company withdrew from the auction business at the end of March 2017 and decided to concentrate management resources on the systems business, which it had previously prioritized, to stabilize and expand its earnings base.」

    The company first explicitly announced the business portfolio shift of withdrawing from the auction business at the end of March 2017 and concentrating management resources on the systems business.
Moved together

"Expansion of the ASP-based system menu and rollout into the automobile distribution market" moved the same way as this thread, in the same document, in 2 of its 3 moves.

22★12
  1. ★This thread
  2. 1Expansion of the ASP-based system menu and rollout into the automobile distribution market2×
  3. 2Cost Reduction and Control of Selling, General and Administrative Expenses2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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News
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Withdrawal from the auction business and concentration of management resources on the systems business | System Location Co.,Ltd. (2480) | Komori