Efficiency and Growth Initiatives in Preparation for a Decline in Housing Starts
First written in FY2016. 14 of 28 entries say "Restated". Latest entry: 2026-08-05.
1 other company's latest entry also says "Restated".
- 2026-08-05RestatedEarnings
「地域の工務店や広域ビルダーとの取引深耕により新築住宅需要の獲得に努めるとともに、非住宅分野に係る営業強化、リフォーム・リノベーション需要の取り込み等、新築住宅以外の成長分野における営業展開も推進してまいりました。」
新築住宅需要の獲得に加え、非住宅、リフォーム・リノベーションなどの成長分野を進める従来方針が再確認された。 - FY2026RestatedAnnual report
「To adapt to changes in the social environment and establish a business structure less susceptible to changes in housing demand, the Group will increase the sales contribution of non-housing-related fields, promote M&A in new, highly profitable growth areas and work to expand the scale of its business.」
The company continues to pursue a policy of increasing the non-residential construction mix and undertaking M&A in growth areas to reduce its dependence on housing demand. - FY2026-H1RestatedAnnual report
「Amid these circumstances, the Group has worked to strengthen sales in the non-housing sector, capture demand for remodeling and renovation, and pursue other sales initiatives focused on growth areas.」
The company is continuing its existing initiatives to strengthen sales in the non-residential sector and capture demand for remodeling and renovation in preparation for a decline in housing starts. - FY2025RestatedAnnual report
「To adapt to changes in the social environment and establish a business structure less susceptible to changes in housing demand, the Group will increase the sales contribution of non-housing-related fields, promote M&A in new, highly profitable growth areas and work to expand the scale of its business.」
To reduce dependence on housing demand, the Group continues to pursue a policy of increasing the contribution of non-housing-related fields and promoting M&A in highly profitable growth areas. - FY2025-H1RestatedAnnual report
「Amid these circumstances, the Group focused on strengthening sales in the non-housing sector, capturing demand for remodeling and renovation, and transforming its business portfolio through M&A.」
In response to the decline in housing starts, the previous plan to strengthen non-housing sales, capture demand for remodeling and renovation, and transform the portfolio through M&A remains in place. - FY2024ReframedAnnual report
「• Transformation of the business portfolio toward sustainable growth • Sales expansion focused on growth areas • Establishment of a management foundation supporting stable growth」
The framework was reorganized from the previous focus on efficiency improvements and M&A in response to declining housing starts into the 3 pillars of the plan ending with the fiscal year ending March 2027. Expansion of non-housing-related fields, sales in growth areas, and strengthening the management foundation, including DX, sustainability, human resources and governance, have been given concrete form. - FY2024-Q3RestatedAnnual report
「The Group has worked to strengthen sales in growth areas, including expanding sales of decarbonization-related products, capturing demand for remodeling and renovation, and developing the non-housing market.」
As a growth initiative in preparation for a decline in housing starts, the Group continues to expand sales of decarbonization-related products, remodeling and renovation services, and products and services for the non-housing market. - FY2023-Q3AdvancedAnnual report
「In July 2022, the Company made 日本調査㈱ a new subsidiary. The company is headquartered in Itabashi, Tokyo, and primarily diagnoses and surveys civil engineering structures such as bridges in locations from the Tohoku region to Kyushu. In October 2022, the Company made 芳賀屋建設㈱ a new subsidiary. The company is headquartered in Utsunomiya, Tochigi Prefecture, and undertakes building and civil engineering work. The Company worked to expand the engineering business, further pursue group synergies and achieve sustainable growth.」
As a growth initiative through M&A, the Company acquired 日本調査㈱ and 芳賀屋建設㈱, expanding the regional coverage and scope of operations of the engineering business. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 October 2022, the Company resolved to acquire all issued shares of 芳賀屋建設株式会社, excluding treasury shares, and make the company a consolidated subsidiary. The Company acquired the shares on 28 October 2022.」
Regarding business portfolio expansion through M&A in preparation for changes in housing demand, the acquisition and consolidation of 芳賀屋建設 as a subsidiary was completed in the following quarter. - FY2022-Q3AdvancedAnnual report
「In October 2021, the Company made 寺田㈱ a new subsidiary. The company is headquartered in Sapporo, Hokkaido, has sales offices in Hokkaido, Tohoku, Kanto and Kyushu, and primarily wholesales textile products such as bedding, clothing and towels. In addition to expanding its business in eastern Japan, the Company sought to further pursue group synergies through cooperation in procurement and sales in the environmental amenities business.」
Regarding portfolio expansion in preparation for changes in housing demand, the consolidation of 寺田㈱ as a subsidiary gave concrete form to expansion in eastern Japan and cooperation in the environmental amenities business. - FY2022-Q2RestatedAnnual report
「At the same time, the Group worked to improve efficiency by strengthening cooperation among group companies and reorganizing group companies.」
The medium-term initiatives to improve efficiency through stronger cooperation and reorganization among group companies continue. - FY2022-Q1AdvancedAnnual report
「At the same time, the Group worked to improve efficiency by strengthening cooperation among group companies and reorganizing group companies.」
Specific initiatives involving the reorganization of group companies were described under the existing policy of strengthening group cooperation and improving efficiency. - FY2021-Q3RestatedAnnual report
「Amid these circumstances, the Group worked to strengthen sales in growth areas, including promoting the adoption of high-performance products such as earthquake-resistant and zero-energy homes, uncovering demand for remodeling and renovation, and developing the non-housing market. Amid expectations of a deterioration in the operating environment, the Group also focused on improving its gross profit margin and reducing selling, general and administrative expenses.」
The Group continues to strengthen sales in growth areas and improve efficiency by raising its gross profit margin and reducing SG&A expenses. - FY2021-Q2AdvancedAnnual report
「In July 2020, the Company made ㈱アイエムテック (Hiroshima) and 長豊建設㈱ (Iida, Nagano Prefecture) new subsidiaries. The former undertakes interior construction for condominiums, office buildings and other properties, while the latter undertakes civil engineering work for public projects. By expanding its business portfolio into non-housing-related fields outside the building materials and processing businesses, the Company worked to establish a business structure less susceptible to changes in housing demand.」
In response to changes in housing demand, the Company made companies engaged in interior construction and public-sector civil engineering subsidiaries, and made concrete progress in expanding its portfolio into non-housing-related fields. - FY2021-Q1RestatedAnnual report
「Amid expectations of a deterioration in the operating environment, the Group focused on improving its gross profit margin and reducing selling, general and administrative expenses.」
In response to the deteriorating operating environment, the Group continues to improve its gross profit margin and reduce SG&A expenses to enhance efficiency. - FY2020-Q3RestatedAnnual report
「The Group has worked to strengthen cooperation among group companies in procurement, production and sales and pursue group synergies, while also consolidating administrative functions through the reorganization of group companies and sales offices.」
Initiatives to strengthen procurement, production and sales cooperation among group companies, pursue group synergies, reorganize sales offices and consolidate administrative functions continue. - FY2020-Q1AdvancedAnnual report
「The Group has worked to strengthen cooperation among group companies in procurement, production and sales and pursue group synergies, while also consolidating administrative functions through the reorganization of group companies and sales offices.」
In addition to the existing efficiency and growth initiatives, the Group undertook specific measures comprising procurement, production and sales cooperation among group companies, the reorganization of companies and sales offices, and the consolidation of administrative functions. - FY2019ReframedAnnual report
「Amid these circumstances, under the 3-year medium-term management plan beginning with the fiscal year ending March 2020, the Group adopted the following 4 items as its basic policies and will promote various initiatives based on these policies to achieve sustainable growth and enhance corporate value. • Establishment of a highly profitable business structure • Expansion of the business portfolio through M&A • Strengthening of corporate governance and internal controls • Development of human resources to lead the next generation」
The framework was reorganized from efficiency improvements and M&A as responses to the previous expected decline in housing starts into a medium-term management plan built around 4 pillars beginning with the fiscal year ending March 2020. - FY2019-Q3RestatedAnnual report
「In May 2018, the Company made 愛媛プレカット㈱ (Matsuyama) a new subsidiary. The company has one of the largest processing capacities for residential timber in the Shikoku region, and the Company sought to expand its business in the region. In August, the Company made 太陽産業㈱ (Sendai) a new subsidiary. The company has sales offices in each prefecture of Tohoku and in Tokyo and primarily sells and installs commercial refrigeration and freezing equipment, air-conditioning and kitchen equipment, as well as environmental and energy-saving equipment. The Company sought to expand its business portfolio and strengthen its operations in eastern Japan.」
The expansion of regional coverage and business areas through the consolidation of 愛媛プレカット and 太陽産業 as subsidiaries continues to be described as a growth initiative. - FY2019-Q2AdvancedAnnual report
「In addition, in August, the Company made 太陽産業㈱ (Sendai) a new subsidiary. The company has sales offices in each prefecture of Tohoku and in Tokyo and primarily sells and installs commercial refrigeration and freezing equipment, air-conditioning and kitchen equipment, as well as environmental and energy-saving equipment. The Company sought to expand its business portfolio and strengthen its operations in eastern Japan.」
As a growth initiative outside the housing-related sector, the Company made 太陽産業 a subsidiary, giving concrete form to expansion into environmental and energy-saving equipment and into eastern Japan. - FY2019-Q1AdvancedAnnual report
「In addition, in May 2018, the Company made 愛媛プレカット㈱ (Matsuyama) a new subsidiary. The company has one of the largest processing capacities for residential timber in the Shikoku region, and the Company sought to expand its business in the region.」
As a growth initiative through M&A, the Company made 愛媛プレカット a subsidiary, giving concrete form to business expansion in the Shikoku region. - FY2018AdvancedAnnual report
「In addition, in February 2018, the Company made ㈱丸滝 (Nagano Prefecture) a new subsidiary. The company undertakes construction work, primarily interior construction, and wholesales building materials and housing equipment, and the Company worked to expand its business area and strengthen adjacent business fields.」
As a growth initiative in preparation for a decline in housing starts, the Company made ㈱丸滝 in Nagano Prefecture a subsidiary, expanding its business area and adjacent fields. - FY2018-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, there were no significant changes to, or newly arising issues among, the business and financial matters that our group needs to address.」
The view that there are no material changes or new issues requiring attention in the business or financial areas remains unchanged. - FY2018-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, there were no significant changes to, or newly arising issues among, the business and financial matters that our group needs to address.」
It is stated that there have been no material changes or new issues requiring attention in the business or financial areas, and the assumptions underlying the medium-term efficiency and growth initiatives remain unchanged. - FY2017RestatedAnnual report
「Under the medium-term management plan, the Group will promote efficiency improvements in both its sales and administrative divisions in preparation for a future decline in new housing starts, while maintaining growth through M&A and new sales initiatives.」
The plan to combine efficiency improvements with M&A and new sales initiatives in preparation for a decline in housing starts remains in place. - FY2017-Q3AdvancedAnnual report
「Meanwhile, in October 2016, the Company made 太平商工㈱ a new subsidiary to expand its business portfolio and establish a business structure capable of sustainable growth. The company, which has offices in Tokyo, Nagoya and Kobe, sells industrial materials including electrical insulators, heat-resistant materials and automotive parts.」
As a growth initiative through M&A, the Company made 太平商工 a subsidiary, giving concrete form to expansion into business areas outside the housing-related sector. - FY2017-Q1AdvancedAnnual report
「In May 2016, the Company made ㈱西日本プレカットセンター (Onomichi, Hiroshima Prefecture) a subsidiary through M&A and worked to expand its market area and strengthen profitability.」
The consolidation of 西日本プレカットセンター as a subsidiary through M&A was implemented and cited as concrete progress in expanding the market area and strengthening profitability. - FY2016First statedAnnual report
「Under the medium-term management plan, the Group will promote efficiency improvements in both its sales and administrative divisions in preparation for a future decline in new housing starts, while maintaining growth through M&A and new sales initiatives.」
The policy combines efficiency improvements with M&A and new sales initiatives, based on an expected future decline in housing starts.