Strengthening Supply Capacity Through the Acquisition of the Akita Factory Business
First written in FY2017-Q4. 1 of 4 entries say "Advanced", first in FY2017. Latest entry: FY2020-Q2.
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- FY2020-Q2AchievedAnnual report
「In terms of profitability, we worked to rebuild our earnings base by improving the precision of factory operations through ongoing reviews of our cost structure and stronger production management, optimizing gross margins and expenses, including labor costs, and closing the underperforming Akita Factory in Akita, Akita Prefecture, at the end of June.」
The planned closure of the Akita Plant described previously was carried out at the end of June. The initiative to strengthen the supply structure through the acquisition entered its final stage. - FY2019DroppedAnnual report
「We made every effort to reduce costs at the Akita Plant (Akita City, Akita Prefecture), where expenses remained high due to the low efficiency of full-item production and delivery costs across the Tohoku region and which was consequently forced to remain underperforming, but earnings did not reach profitability, and the plant was scheduled to close at the end of June 2019.」
The Akita Plant, acquired to strengthen the supply structure, was scheduled to close at the end of June 2019 due to low efficiency, high delivery costs and continued underperformance. - FY2017AdvancedAnnual report
「Effective 15 December 2016, we acquired the food manufacturing business of 株式会社ナガイ's Akita Plant (Akita City, Akita Prefecture), bringing the production structure to 16 plants including the existing plants.」
The acquisition of the Akita Plant's food manufacturing business was completed, bringing the total to 16 plants including the existing plants. - FY2017-Q4First statedAnnual report
「In December, we also acquired the business of the Akita Plant (Akita City, Akita Prefecture) from 株式会社ナガイ and worked to increase delivery volumes and strengthen the supply structure.」
The acquisition of the Akita Plant business in December 2016 was the first measure described for increasing delivery volumes and strengthening the supply structure.