Improving awareness and developing applications for “Column”
First written in FY2016. 5 of 16 entries say "Restated". Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020DroppedAnnual report
「The company’s business segments are divided into two businesses: spinning and textiles.」
The descriptions concerning raising awareness of Column and developing applications, which had been included previously, cannot be found in this filing. - FY2020-Q2RestatedAnnual report
「The “Environmental Business” has been renamed the “New Business,” and we will continue joint research with the Japan Advanced Institute of Science and Technology. However, because its quantitative significance has declined, it has been excluded from the reportable segments and classified as “Other.”」
While treating the environmental business as a new business and continuing joint research with the university, the company has continued to classify it as “Other” because of its low quantitative significance. - FY2020-Q1Reduced reporting significance of the environmental business and ColumnAnnual report
「The “Environmental Business” has been renamed the “New Business,” and we will continue joint research with the Japan Advanced Institute of Science and Technology. However, because its quantitative significance has declined, it has been excluded from the reportable segments and classified as “Other.”」
The treatment changed from descriptions of the environmental business focused on raising awareness of Column and developing applications to renaming the business and excluding it from the reportable segments, explicitly indicating its reduced quantitative significance. - FY2019RestatedAnnual report
「Although we changed our policy from the current fiscal year to entrust sales to distributors, no sales results emerged and we were unable to achieve firm sales recognition.」
Even after changing the sales structure for “Column” to focus on distributors, the company has continued to be unable to convert increased awareness and application development into sales. - FY2019-Q3ReframedAnnual report
「Meanwhile, amid this challenging business environment, joint research with the Japan Advanced Institute of Science and Technology has produced steady results in the measurement and testing of environmental parameters, including pollutant concentrations (the company exhibited at the Matching HUB organized by the university). Going forward, we will seek to combine the findings of our joint research with textile products and develop products that can contribute to environmental improvement.」
The focus of efforts has shifted from expanding awareness and applications for Column through distributor sales to developing environmental-improvement products that combine Column with textile products, based on joint research. - FY2019-Q2ReframedAnnual report
「Going forward, we will seek to combine the findings of our joint research with textile products and develop products that can contribute to environmental improvement.」
The focus has shifted from expanding awareness and applications through distributor sales to developing products that combine textile products with the environmental business, based on joint research. - FY2019-Q1ReframedAnnual report
「Since the previous fiscal year, we had switched our sales strategy to distributor sales and continued sales activities with Asahi Eito Co., Ltd. as our core distributor, but this did not lead to meaningful sales, and we terminated the core distributor agreement in June 2018. Going forward, we are being forced to restructure the business as a whole, beginning with a review of how our core Column product is handled.」
The approach of expanding awareness and applications through distributor sales failed to produce results, leading to the termination of the key distributor agreement and a shift in policy toward reviewing the handling of Column and restructuring the business as a whole. - FY2018RestatedAnnual report
「As a measure to address the situation, we changed our policy from the current fiscal year to entrusting sales to distributors and entered into a core distributor agreement with Asahi Eito Co., Ltd., but meaningful sales had still not been recognized.」
While the sales structure for “Column” was changed to focus on distributors, efforts to raise awareness and develop applications have not yet resulted in firm sales recognition. - FY2018-Q3RestatedAnnual report
「In the environmental business, which focuses on “Column” (polyethylene containing a special powder), we changed our policy from the current fiscal year to entrusting sales to distributors and entered into a core distributor agreement with Asahi Eito Co., Ltd. However, no sales results emerged, and the company was unable to recognize any meaningful sales.」
The company is working to raise awareness of “Column” and expand its applications through distributor sales, but no sales results emerged during the cumulative period for the quarter, and the absence of recognized results has continued. - FY2018-Q2Added consumer applications to the sales strategy, but no results recognizedAnnual report
「At the beginning of the current fiscal year, we changed our policy to entrusting sales to distributors and entered into a core distributor agreement with Asahi Eito Co., Ltd. in June, but no results were recorded during the cumulative second quarter. Going forward, we will also incorporate products for individual customers for use in household baths and washing machines into our sales strategy and work to expand sales.」
Even after changing to distributor sales, no results had been recorded, and the company indicated a policy of expanding application development and its sales targets to consumer products for household baths and washing machines. - FY2018-Q1ReframedAnnual report
「Because verifying the installation effects took time, we had to devote time to informing customers about the product’s functions and efficacy, and were also short of sales personnel, so we were unable to achieve solid results. From the current fiscal year, after reviewing our business development to date, we changed our policy from direct sales to entrusting sales to distributors in order to resolve these issues.」
In response to sales challenges involving effect verification, product awareness and personnel shortages, the company changed its policy from its traditional direct-sales-centered approach to distributor sales. - FY2017RestatedAnnual report
「However, the main factors behind the sluggish growth in sales were that we had to proceed with sales activities while verifying the effects of the initial installations and had to devote time to informing customers about the product’s functions and efficacy.」
Sales activities involving the verification of the effects of environmental products such as Column and informing customers about their functions and efficacy have continued, but the company explained that they also became factors behind the sluggish sales growth. - FY2017-Q3AdvancedAnnual report
「As these are initial installations, we are proceeding while verifying their effectiveness. Results have been favorable at this stage, and we expect to recognize sales in the fourth quarter.」
While continuing to verify the effects of the initial installations, results have been favorable and the business has reached the stage where a contribution to fourth-quarter sales is expected. - FY2017-Q2AdvancedAnnual report
「As a result, we received an order to renovate filtration equipment at 4 locations operated by one of Japan’s leading hotel groups, and an initiative to improve the cooling-water quality of a leading zipper manufacturer was launched. We are gradually establishing a structure capable of contributing to third-quarter results.」
Sales activities for environmental products such as “Column” have progressed to specific orders and the start of water-quality improvements at customer sites, and preparations for a sales contribution from the third quarter onward are taking shape. - FY2017-Q1AdvancedAnnual report
「However, although we have been proceeding with these business partners after confirming the effects through pilot installations and the number of business partners has been steadily increasing, they did not contribute to sales for the cumulative first quarter.」
The company explained that the number of business partners steadily increased through pilot installations, but there was no contribution to sales for the quarter. - FY2016First statedAnnual report
「In the environmental business, an urgent priority is to raise awareness of the “Column” product. Based on analytical data from joint research with the Japan Advanced Institute of Science and Technology, we will deepen customers’ understanding, develop applications and pursue sales activities.」
We are marketing the product to swimming pools, hot-bath facilities, hospitals, nursing-care facilities and machine plants, while confirming its effectiveness through pilot installations.