Expanding collaboration in the healthcare business centered on building a society that supports healthy longevity

「Market conditions remained firm amid growing demand for healthy longevity, and efficiency improvements in the manufacturing division began to take effect. However, the healthcare division struggled, affected by higher materials-procurement costs and procurement delays, while new initiatives also performed poorly, resulting in sales falling below the year-earlier level.」

「In the healthcare business, the company secured large orders for products such as electric-potential quilts, partly because it strongly promoted orders at its group factory, a strategic manufacturing base registered to manufacture and sell medical devices.」

「The company will further accelerate its shift toward healthcare to meet the needs of a society of healthy longevity.」

「In the healthcare business, general and health bedding market conditions were gradually recovering as the peak winter season began, and the company focused on improving sales efficiency by consolidating account managers for business partners by region in western and eastern Japan.」

「In the healthcare business, the company focused on strengthening coordination between its Tokyo and Osaka bases and increasing synergies, which has led to signs of improvement, but it struggled mainly because sales to major existing customers in the Tokyo area had not recovered.」

「In the healthcare business, although some areas were affected by soft market conditions, the company focused on generating further synergies as the performance of 和田哲カンパニー, acquired at the end of the previous fiscal year, continued to progress steadily.」

「In the healthcare business, the business acquired at the end of the previous fiscal year performed steadily, and the company focused on generating further synergies.」

「The Health Business Division benefited significantly from the transfer of a business at the end of the previous fiscal year, and sales exceeded the year-earlier level. In the General Bedding Products Division, orders for commercial bedding increased as a result of the transfer at the end of the previous fiscal year, and sales also exceeded the year-earlier level. In terms of earnings, in addition to the effect of higher sales, the transferred business's strong profitability improved the profitability of the healthcare business as a whole, narrowing the loss from the year-earlier period. As a result, healthcare-business sales were ¥288 million, up 70.8% year on year, and the operating loss was ¥1 million, compared with an operating loss of ¥11 million in the year-earlier period.」

「Regarding the previously disclosed transfer of part of the healthcare business in March 2018, the transfer was completed on 29 March 2019. Going forward, the company intends to establish an internal structure and expand the business in order to maximize the integration benefits of the transferred business.」

「In the healthcare business, the company worked to expand sales of E-Wool products using its proprietary technology and strengthen sales of healthcare products, including household thermal electric potential therapy devices, by leveraging its capital and business alliance with 伊藤超短波株式会社.」

「The company also shifted management resources toward the healthcare business and focused on strengthening its proposal-based sales capabilities. In addition, it worked to strengthen the business foundations of each division by leveraging its capital and business alliances with First Brothers Co.,Ltd., 伊藤超短波株式会社 and SEED CO.,LTD.」

「In the healthcare business, the company further strengthened its shift toward health-related fields by leveraging its capital and business alliance with 伊藤超短波株式会社.」

「The basic strategy for the healthcare business is to promote collaboration, including alliances with business partners, with the aim of contributing to a society of healthy longevity.」

「In February 2017, the company launched a capital and business alliance with 伊藤超短波株式会社, a medical-device manufacturer with more than 100 years of operating history. Going forward, with the capital and business alliance as a central pillar, the company intends to pursue new healthcare business opportunities in view of its next medium-term management plan, including full-scale entry into pet-related healthcare and medical devices.」

「The basic strategy for the healthcare business is to promote collaboration, including alliances with business partners, with the aim of contributing to a society of healthy longevity.」

「The basic strategy for the healthcare business is to promote collaboration, including alliances with business partners, with the aim of contributing to a society of healthy longevity.」

「The basic strategy for the healthcare business is to promote collaboration, including alliances with business partners, with the aim of contributing to a society of healthy longevity.」

「The second issue to be addressed is to promote collaboration, including alliances with business partners, in the healthcare business, with contributing to a healthy longevity society as its theme. To this end, the Company is working to establish shared platforms and visions with business partners, including alliances, through initiatives in total healthcare centered on quality sleep and by promoting Japan quality through the use of its domestic group factories.」