Expansion of Production and Order-Taking Activities for Food-Processing Machinery
First written in FY2016. 2 of 6 entries say "Advanced", first in FY2016. Latest entry: FY2017.
The whole theme swung hardest in 2020: 6 of 20 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2017DroppedAnnual report
「With respect to the Manufacturing business, all shares of 旭工業株式会社, formerly a consolidated subsidiary, were transferred on 1 November 2016, and the company withdrew from the business.」
Production and order-taking activities for food-processing machinery ceased to be an ongoing group initiative following the transfer of all shares of 旭工業 and the withdrawal from the business. - FY2017-Q3ReframedAnnual report
「The Manufacturing business manufactured and sold food-processing machinery through 旭工業株式会社, but all shares of the company were transferred to HISAKA WORKS,LTD. effective 1 November 2016. Accordingly, the company's results cover the 7-month period from 1 April through 31 October, the deemed sale date, and in the third quarter revenue amounted to ¥239 million and segment profit to ¥21 million.」
The food-processing machinery business was removed from the group's consolidated scope upon completion of the transfer, and the results presented for the quarter covered the 7 months through 31 October. - FY2017-Q2ReframedAnnual report
「While considering a transfer to a company expected to generate business synergies in order to further enhance corporate value and strengthen the management base, the company determined that synergies could be expected with HISAKA WORKS,LTD.'s food sterilization equipment business and decided to transfer all shares. Transfer date: 1 November 2016.」
While showing production and delivery results for the quarter, the company has shifted its policy toward transferring 旭工業 to HISAKA WORKS,LTD. - FY2017-Q2AdvancedAnnual report
「In the second quarter, the company completed 4 deliveries and maintenance revenue remained solid. As a result, revenue amounted to ¥201 million, up 5.7% year on year, and segment profit amounted to ¥16 million, up 150.9%, resulting in higher revenue and higher profit.」
Completion of 4 deliveries and steady maintenance revenue resulted in higher revenue and higher profit in the food-processing machinery business. - FY2017-Q1RestatedAnnual report
「Although performance in this business segment may fluctuate depending on the timing of product deliveries and customer acceptance, orders and production for products scheduled for delivery during the current fiscal year progressed steadily in the first quarter.」
The company continues to take orders for and produce products scheduled for delivery, while also explicitly noting that performance may fluctuate depending on the timing of deliveries and customer acceptance. - FY2016AdvancedAnnual report
「During the fiscal year, the company completed 6 deliveries and maintenance revenue remained solid. However, as it focused on taking orders for and producing products scheduled for delivery in the following fiscal year and thereafter, revenue amounted to ¥371 million, up 8.8% year on year.」
The disclosure states that 6 deliveries were completed and the order backlog amounted to ¥326.850 million, or 342.6% of the level in the same period of the previous year.