Expansion of production and sales of confectionery and bakery ingredients in Zhaoqing, China
First written in FY2017. 4 of 10 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2023-Q1.
The whole theme swung hardest in 2021: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2023-Q1AdvancedAnnual report
「Cash flow from investing activities amounted to an outflow of ¥2,846 million, mainly due to expenditures for the construction of a second plant for the industrial chocolate business in Brazil and a new cream plant for the emulsified and fermented ingredients business in China.」
Construction of a new cream plant in China for the emulsified and fermented ingredients business is under way, placing the company’s measures to expand production capacity in China at the investment stage. - FY2021AdvancedAnnual report
「In addition, we are proceeding with the construction of a new oil and fat plant in the United States and a cream plant in China.」
In addition to expanding production of confectionery and bakery ingredients in China, the company is proceeding with construction of a cream plant in China. - FY2019AdvancedAnnual report
「Construction of a factory and capacity expansion work for production equipment at 不二製油(肇慶)有限公司, an overseas subsidiary」
At the Zhaoqing subsidiary, construction of the factory and capacity expansion work for production equipment are being advanced as capital investments. - FY2019-Q3RestatedAnnual report
「In overseas markets, sales of filling products in China continued to increase substantially, but」
The report states that sales of filling products in China continued to increase substantially, but does not indicate any new equipment expansion milestone. - FY2019-Q1RestatedAnnual report
「In overseas markets, sales of chocolate fats in the Americas declined slightly due in part to the impact of factory stoppages caused by a cold wave at the beginning of the year. In overseas markets, sales in Brazil increased in local-currency terms but declined in yen terms due to exchange-rate movements, while sales increased overall as sales of margarine and filling products in China continued to grow significantly.」
Sales of margarine and filling products in China continue to grow significantly, but the report does not indicate any new equipment milestone, such as the start of production in Zhaoqing. - FY2018Clarification of the production start dateAnnual report
「To address the expanding confectionery and bakery ingredients market in China, production was scheduled to begin at 不二製油(肇慶)有限公司 in July 2018.」
The production start date for the Zhaoqing subsidiary was specified as July 2018. - FY2018-Q3RestatedAnnual report
「During the first quarter of the current consolidated accounting period, 不二(中国)投資有限公司, formerly an unconsolidated subsidiary, was included in the scope of consolidation because its significance had increased. During the first quarter of the current consolidated accounting period, 不二製油(肇慶)有限公司 was newly established and included in the scope of consolidation.」
The consolidation of the China regional headquarters company and the establishment and consolidation of the Zhaoqing subsidiary were also confirmed in the quarterly report for the current period, but no new expansion measures were described. - FY2018-Q2RestatedAnnual report
「During the first quarter of the current consolidated accounting period, 不二(中国)投資有限公司, formerly an unconsolidated subsidiary, was included in the scope of consolidation because its significance had increased. During the first quarter of the current consolidated accounting period, 不二製油(肇慶)有限公司 was newly established and included in the scope of consolidation.」
The consolidation of the China regional headquarters company and the establishment and consolidation of the Zhaoqing subsidiary were also confirmed in the quarterly report for the current period. - FY2018-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, 不二(中国)投資有限公司, formerly an unconsolidated subsidiary, was included in the scope of consolidation because its significance had increased. During the same first-quarter consolidated accounting period, 不二製油(肇慶)有限公司 was newly established and included in the scope of consolidation.」
The China regional headquarters company was consolidated, and a Zhaoqing subsidiary responsible for expanding production and sales in the confectionery and bakery ingredients business was established and consolidated. - FY2017First statedAnnual report
「To further expand production capacity and sales, primarily in the confectionery and bakery ingredients business in the Chinese market, we decided to establish 不二製油（肇慶）有限公司, a sub-subsidiary, through 不二富吉（上海）投資有限公司, our wholly owned China regional headquarters company.」
The company describes plans to expand production capacity and sales of confectionery and bakery ingredients in China through a capital increase of US$14,000 thousand in the China regional headquarters company and a 98.06% investment in the Zhaoqing subsidiary.