Proposals for Functional Materials and Entry into the Chinese School Uniform Market
First written in FY2018. 2 of 5 entries say "Softened", first in FY2019. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023ReframedAnnual report
「In China, we reviewed our school uniform strategy in response to changes in the market environment and worked to develop business uniforms and textiles. We also advanced initiatives in the knit products business, leveraging ニッケ's proprietary yarn technology.」
The policy was revised from simply proceeding with entry into China's school uniform market to reviewing the school uniform strategy in light of changes in the market environment and expanding into business uniforms, textiles and knit products. - FY2021SoftenedAnnual report
「In China, we will pursue the school uniform business while assessing market trends and aim for stable growth. Meanwhile, in functional materials such as cut-resistant and flame-retardant materials, we are working to expand sales and improve profitability.」
For the Chinese school uniform business, the stated aim is stable growth while assessing market trends in light of delays in progress. Meanwhile, efforts to expand sales and improve profitability in functional materials are continuing. - FY2020RaisedAnnual report
「<Apparel and Textiles Business> ・Developing growth drivers (domestic functional materials, Chinese school uniforms and overseas markets)」
The Chinese school uniform business, for which delays in progress had been noted, was designated as a key focus of the Second Medium-Term Management Plan, alongside domestic functional materials and overseas markets, as a growth driver. - FY2019SoftenedAnnual report
「In its overseas business, the company will clarify target markets and customers, accelerate the development of its overseas business foundation, and put its Chinese school uniform business, where progress has been slow, back on track.」
The policy for entering China's school uniform market explicitly notes delays in progress, and the wording has shifted to indicate that efforts will move into a phase of getting on track in fiscal 2020. - FY2018First statedAnnual report
「As new businesses, we will accelerate initiatives for future growth, including proposing and promoting sales of functional materials such as flame-retardant and cut-resistant materials, and entering China's expanding school uniform market.」
This identifies sales of functional materials, including flame-retardant and cut-resistant materials, and entry into China's school uniform market as new businesses.