Business Restructuring Centered on Exiting Unprofitable Divisions
First written in FY2020. 13 of 21 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-10-22.
22 other companies' latest entry also says "Advanced".
- 2026-10-22AdvancedOccurring Fact
「2027 年３月期第 1 四半期連結累計期間において、事業再構築策の推進に伴う費用(化粧品事業の一部撤退損)28 百万円を特別損失に計上いたしました。」
事業再構築策の対象について、従来開示されていた食品事業に加え、化粧品事業の一部撤退が具体的な費用計上を伴って進展した。 - FY2026AdvancedAnnual report
「Umi Foods Co., Ltd. ended the manufacture and processing of food products and other items in March 2026.」
Manufacturing and processing in the food business targeted for business restructuring has ended. The remaining steps are the sale of inventory and the sale and disposal of fixed assets and other assets. - 2026-08-07AdvancedOccurring Fact
「During the fourth quarter of the current consolidated fiscal year, the Company additionally recorded a total of ¥283 million in losses related to the withdrawal from the food business, including losses associated with the cancellation of leased properties and other items (reclassification described in 1 above), losses associated with the disposal of inventories, and losses associated with the dismantling and removal of production equipment and other assets of consolidated subsidiary 株式会社宇美フーズ, among other items.」
Specific losses related to the withdrawal from the food business were recorded, including the cancellation of leased properties, disposal of inventories, and dismantling and removal of production equipment and other assets of 株式会社宇美フーズ, indicating progress in the business restructuring. - FY2026-H1AdvancedAnnual report
「The Company began manufacturing, processing and selling the zero-carbohydrate food product Purunchan, made from cellulose, in March 2020, and worked to expand sales and improve production efficiency. However, even after five years, sales had not reached the initially planned scale and the business remained loss-making. The Company concluded that it would be difficult to improve performance and secure stable earnings going forward, and decided to withdraw from the business.」
The food business was added to the scope of the business restructuring, and the Company decided to withdraw from the Purunchan business. The Company also presented plans to end production, sell the remaining inventory, and sell and dispose of the fixed assets and other assets of Umi Foods. - FY2025AdvancedAnnual report
「The Company continues to work to improve profitability in each segment. For the consolidated fiscal year, the Group reported revenue of ¥3,407 million, up 12.5% year on year, and operating profit of ¥235 million, compared with an operating loss of ¥67 million in the previous year.」
As business restructuring continued, revenue increased and operating results returned to profitability. The Company explained that the business exit phase was almost complete and that payments for business exit losses were expected to decline from the following consolidated fiscal year. - FY2025-H1Operating profitability restored, but ordinary losses continuedAnnual report
「Against this backdrop, the Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. As a result, for the six months ended 30 September of the current fiscal year, the Group reported revenue of ¥1,665 million, up 19.2% year on year, operating profit of ¥102 million, compared with an operating loss of ¥140 million in the previous year, and an ordinary loss of ¥34 million, compared with an ordinary loss of ¥9 million. Including a gain on the sale of non-current assets of ¥1,251 million, an impairment loss of ¥385 million and a loss on business exits of ¥280 million, among other items, interim net profit attributable to owners of the parent was ¥460 million, compared with an interim net loss attributable to owners of the parent of ¥1,040 million in the previous year.」
The Company continued to implement the business restructuring measures. Revenue increased, and operating profit and net profit were restored, while ordinary losses continued. The Company also recognized an impairment loss of ¥385 million and a loss on business exits of ¥280 million. - FY2024-Q3Restructuring continued, but operating losses and business exit losses increasedAnnual report
「Against this backdrop, the Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. Although sales and profitability continued to struggle due to prolonged weak sales in China, higher raw material and fuel prices, and rising prices associated with the weaker yen, among other factors, signs of a recovery have begun to emerge.」
The Company continued to implement the business restructuring measures and referred to signs of a recovery. Although the operating loss narrowed from the previous year, the net loss increased due to the recognition of a ¥1,299 million loss on business exits. - FY2024-Q2Restructuring continued, with signs of a recoveryAnnual report
「Against this backdrop, the Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. Although sales and profitability continued to struggle due to prolonged weak sales in China, higher raw material and fuel prices, and rising prices associated with the weaker yen, among other factors, signs of a recovery have begun to emerge.」
The Company continues to implement the business restructuring measures resolved on 13 May 2020. While sales and profitability continued to struggle due to weak sales in China and other factors, the Company stated that signs of a recovery had begun to emerge. - FY2024-Q1Restructuring continued, but operating results turned loss-makingAnnual report
「The Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. As a result, for the three months ended 30 June of the current fiscal year, the Group reported revenue of ¥637 million, down 25.7% year on year, an operating loss of ¥106 million, compared with operating profit of ¥39 million in the same quarter of the previous year, an ordinary loss of ¥65 million, compared with ordinary profit of ¥260 million, and a net loss attributable to owners of the parent of ¥284 million, compared with net profit attributable to owners of the parent of ¥180 million.」
While continuing to implement the business restructuring measures and work to improve profitability, the Company reported a 25.7% decline in revenue, and operating results, ordinary results and results attributable to owners of the parent all shifted from profit in the previous year to a loss. - FY2023SoftenedAnnual report
「Through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020, the Company is currently aiming to return to profitability. However, progress on the plan has been delayed due to the impact of COVID-19 and delays in obtaining development permits and approvals, among other factors.」
The business restructuring measures continued, but the Company disclosed delays in progress toward its return-to-profitability plan due to COVID-19 and delays in obtaining development permits and approvals. The Company also sold the former site of the Kakogawa Plant, recognized impairment losses, demolished buildings, and withdrew from part of the cosmetics business. - FY2023-Q3Restructuring continued, but operating results turned loss-makingAnnual report
「Against this backdrop, the Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. As a result, for the nine months ended 31 December of the current fiscal year, the Group reported revenue of ¥2,296 million, down 25.2% year on year, and an operating loss of ¥108 million, compared with operating profit of ¥100 million in the same period of the previous year.」
The Company continued to implement the business restructuring measures, but consolidated revenue decreased 25.2%, and operating results shifted from profit of ¥100 million in the previous year to a loss of ¥108 million. - FY2023-Q2Restructuring continued, but the textile segment turned loss-makingAnnual report
「Against this backdrop, the Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. As a result, for the six months ended 30 September of the current fiscal year, the Group reported revenue of ¥1,593 million, down 23.0% year on year, operating profit of ¥26 million, down 53.7%, and ordinary profit of ¥211 million, up 110.1%. Including the recognition of an impairment loss of ¥770 million, among other items, the Group reported a net loss attributable to owners of the parent of ¥562 million, compared with a net loss attributable to owners of the parent of ¥637 million in the same period of the previous year.」
The Company continued to implement the business restructuring measures, but on a consolidated basis reported lower revenue and lower operating profit, while the textile segment also shifted from profit in the previous year to a loss. - FY2023-Q1AdvancedAnnual report
「Against this backdrop, the Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020.」
The Company continued to implement the business restructuring measures. In the first quarter, it recorded operating profit of ¥39 million, ordinary profit of ¥260 million, and net profit attributable to owners of the parent of ¥180 million. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, the Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. As a result, for the nine months ended 31 December of the current fiscal year, the Group reported revenue of ¥3,071 million, down 45.6% year on year, and operating profit of ¥100 million, compared with an operating loss of ¥171 million in the same period of the previous year.」
The Company continued to implement the business restructuring measures, and consolidated operating results improved from a loss of ¥171 million in the previous year to a profit of ¥100 million. Production of sanitary materials was also discontinued at the Kakogawa Plant, advancing the contraction and reorganization of the business structure. - FY2022-Q2AdvancedAnnual report
「The Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. In the textile segment, revenue declined but profitability continued to improve, resulting in revenue of ¥1,317 million, down 59.6% year on year, and segment profit of ¥65 million, an increase of ¥61 million year on year.」
The Company continued to implement the business restructuring measures. In the textile segment, despite a substantial decline in revenue, segment profit increased by ¥61 million year on year to ¥65 million. - FY2022-Q1AdvancedAnnual report
「Against this backdrop, the Company continues to work to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. In the textile segment, revenue declined but profitability continued to improve, resulting in revenue of ¥647 million, down 60.3% year on year, and segment profit of ¥37 million, compared with a segment loss of ¥58 million in the same quarter of the previous year.」
The Company continued to implement the business restructuring measures. In the textile segment, revenue decreased 60.3%, while segment results improved from a loss of ¥58 million to a profit of ¥37 million. - FY2021AdvancedAnnual report
「Against this backdrop, the Company is working to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. Although the textile segment reported lower revenue, profitability improved.」
The business restructuring measures were implemented throughout the year. In the textile segment, revenue decreased 25.4%, while segment results improved from a loss of ¥402 million to a profit of ¥98 million. - FY2021-Q3AdvancedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, production of cotton-blend yarn, rayon yarn and rayon-cotton at the Kakogawa Plant was discontinued. In addition, the Textile business was exited except for certain operations.」
Under the business restructuring measures, production of cotton-blend yarn, rayon yarn and rayon-cotton at the Kakogawa Plant was discontinued, and the Company withdrew from all but part of the textile business. - FY2021-Q2AdvancedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, production of cotton-blend yarn and rayon-cotton at the Kakogawa Plant was discontinued. Production of rayon yarn was also discontinued in early October 2020.」
As part of the business restructuring measures resolved on 13 May 2020, production of cotton-blend yarn and rayon-cotton at the Kakogawa Plant was discontinued, followed by the discontinuation of rayon yarn production in early October 2020. In addition, voluntary retirement was encouraged among all employees, and those who left the Company retired at the end of October. - FY2021-Q1AdvancedAnnual report
「Against this backdrop, the Company is working to improve profitability in each segment through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020. Although the textile segment reported lower revenue, profitability improved. In the textile segment, revenue declined but profitability continued to improve, resulting in revenue of ¥1,631 million, down 11.6% year on year, and a segment loss of ¥58 million, compared with a segment loss of ¥112 million in the same quarter of the previous year.」
The business restructuring measures resolved on 13 May 2020 were implemented in each segment. In the textile segment, revenue declined, while the segment loss narrowed from ¥112 million to ¥58 million. - FY2020First statedAnnual report
「The Group is undertaking business restructuring centered on withdrawing from unprofitable segments. Through the implementation of the business restructuring measures resolved by the Board of Directors on 13 May 2020, the Group aims to return to profitability in the fiscal year ending March 2022 and establish a stable earnings base centered on real estate income.」
The Company first identified as a major management priority restructuring measures including withdrawal from unprofitable segments, substantial reductions in selling, general and administrative expenses, encouragement of voluntary retirement, and a shift to a business structure based on real estate income.