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Alpen (3028) · InitiativeAchieved

Withdrawal from the China Business and Restructuring of Overseas Operations

First written in FY2016. 1 of 3 entries say "Advanced", first in FY2017. Latest entry: FY2023-Q2.

3entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016AdvancedFY2017 – FY2023-Q22016: 120162017: 120172018: 020182019: 020192020: 020202021: 020212022: 020222023: 1
Same theme, other companies
Full withdrawal from China operations and reorganization of affiliated companiesA theme 8 companies write about · 5 as a headwind · 3 as a tailwind

3 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q2AchievedAnnual report

    「During the second quarter of the fiscal year, the liquidation procedures for Japana (Wuxi) Trading Co., Ltd., formerly a consolidated subsidiary, were completed, and the company was excluded from the scope of consolidation.」

    The liquidation procedures for the Chinese subsidiary Japana (Wuxi) Trading Co., Ltd. were completed, and it was excluded from the scope of consolidation. This represented a concrete completion event in the restructuring of the China business.
  2. FY2017AdvancedAnnual report

    「Japana (Wuxi) Trading Co., Ltd. (now a consolidated subsidiary) was established during the fiscal year and has therefore been newly included in the scope of consolidation. The liquidation of Aipeng (China) Trading Co., Ltd. was completed on 21 August 2017.」

    While Japana (Wuxi) Trading Co., Ltd. was newly established in China to handle the sale, import and export of sporting goods, the liquidation of Aipeng (China) Trading Co., Ltd. was completed on 21 August 2017, making the restructuring of the China business more concrete.
  3. FY2016First statedAnnual report

    「In addition, a business withdrawal loss associated with the withdrawal from the China business, disaster losses due to damage caused by the Kumamoto Earthquake, and impairment losses on fixed assets, including stores, for which profitability was expected to decline, were recorded as extraordinary losses, among other items.」

    While a business withdrawal loss of ¥962 million was recorded in connection with the withdrawal from the China business, the company identified the development of its overseas business as a growth initiative among the issues to be addressed.
Moved together

"Restructuring the Store Network Through Format-Specific Openings and Scrap-and-Build" moved the same way as this thread, in the same document, in 2 of its 3 moves.

2★1
  1. ★This thread
  2. 1Restructuring the Store Network Through Format-Specific Openings and Scrap-and-Build2×

★ 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
Alpen's next results are scheduled for 2026-11-05. Read the earnings preview
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Withdrawal from the China Business and Restructuring of Overseas Operations | Alpen Co.,Ltd. (3028) | Komori