Medium-Term Management Plan "CHALLENGE KITABO"
First written in FY2019. 11 of 20 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1RestatedAnnual report
「The Group entered the second year of the new medium-term management plan covering the fiscal years ending March 2025 through March 2027, announced in the previous fiscal year, and is pursuing participation in core new businesses while focusing on returning its existing businesses to profitability and stabilizing them.」
The company is continuing the second-year measures under the new medium-term management plan covering the fiscal years ending March 2025 through March 2027. No changes to the new plan or specific achievement milestones have been presented. - FY2025-H1ReframedAnnual report
「In June 2024, the Group announced a new medium-term management plan covering the fiscal years ending March 2025 through March 2027. The plan sets "Contributing to the environment of the future" as its long-term vision. Going forward, while focusing on establishing profitability across all businesses following diversification, we will promote new core businesses and contribute to a sustainable society through three pillars: "Environment," "Hygiene" and "High Performance."」
The previous medium-term management plan was updated to a new plan covering the fiscal years ending March 2025 through March 2027. The new structure focuses on establishing profitability across all businesses and promoting new core businesses through three solutions: "Environment," "Hygiene" and "High Performance." - FY2024AdvancedAnnual report
「In the final year of the medium-term management plan, we proceeded with price revisions to reflect higher costs, improved efficiency at manufacturing sites, and the development of new customers and suppliers, while strengthening and developing the foundations of existing businesses and improving profitability in the new recycling business.」
In the final year of the medium-term management plan, profitability in existing businesses improved and the healthcare business became profitable. Meanwhile, although the recycling business's operating loss narrowed, the company as a whole did not achieve operating profitability. - FY2024-Q3AdvancedAnnual report
「In the fiscal year under review, the final year of the medium-term management plan, we worked to strengthen and develop the foundations of existing businesses while improving profitability in the new recycling business, with the aim of achieving operating profitability.」
In the final year of the medium-term management plan, each of the spinning, textile, healthcare and recycling businesses improved to the point of reporting segment operating profit. However, the company as a whole recorded an operating loss of ¥39.829 million. - FY2024-Q2AdvancedAnnual report
「In the fiscal year under review, the final year of the medium-term management plan, we worked to develop and strengthen existing businesses while improving profitability in the new recycling business, achieving profitability for the cumulative consolidated period of the quarter under review.」
In the final year of the medium-term management plan, the recycling business achieved business-level operating profitability. The consolidated total still included an operating loss of ¥14.967 million. - FY2024-Q1AdvancedAnnual report
「In the fiscal year under review, the final year of the medium-term management plan, we worked to develop and strengthen existing businesses while improving profitability in the new recycling business, with the aim of achieving profitability in the consolidated fiscal year under review. In the recycling business, both production and sales progressed smoothly. In addition, earnings improved substantially following the conclusion of negotiations for a large-lot resale product, and the business achieved operating profitability on a business-by-business basis.」
In the final year of the medium-term management plan, the recycling business made concrete progress through the conclusion of negotiations for a large-lot resale product and the achievement of business-level operating profitability. However, consolidated operating results still showed a loss of ¥1.594 million. - FY2023AdvancedAnnual report
「③ Strengthening the recycling business To establish the recycling business as a core business alongside the existing spinning business at an early stage, we will increase operations at the Kakegawa plant, introduce new equipment at the Hakusan head office plant, and expand sales and profit.」
The recycling business was positioned as a core business alongside the spinning business, and efforts were made to improve operations at the Kakegawa plant and introduce equipment at the Hakusan head office plant. Annual capital expenditure was ¥205.080 million, but the business recorded an operating loss of ¥45.448 million. - FY2023-Q3AdvancedAnnual report
「③ Strengthening the recycling business To establish the recycling business as a core business alongside the existing spinning business at an early stage, we will increase operations at the new Kakegawa plant, introduce new equipment at the Hakusan head office plant, and expand sales and profit.」
The recycling business's position under the new medium-term management plan has been made more concrete, with the aim of establishing it early as a core business alongside the spinning business. The plan calls for improving operations at the new Kakegawa plant and introducing equipment at the Hakusan head office plant. - FY2023-Q2AdvancedAnnual report
「Going forward, we will focus on developing domestic customers by reviewing our sales portfolio, and plan to begin contracts with major domestic plastic molding manufacturers in November 2022. We expect this to make a significant contribution to earnings in the second half of the fiscal year.」
As part of the measures to strengthen the recycling business under the new medium-term management plan, the company is developing domestic customers and plans to begin contracts with major domestic plastic molding manufacturers in November 2022. - FY2023-Q1RestatedAnnual report
「① Strengthening the spinning and textile businesses In the spinning business, we are working to develop high-performance fibers by strengthening collaboration with business partners and accelerating research and development, with the aim of establishing our own brand. In the textile business, we are working to strengthen sales through greater grade diversification.」
In line with the new medium-term management plan, efforts to enhance functionality and establish an in-house brand in the spinning business, and to strengthen sales through grade diversification in the textile business, are continuing. - FY2022AdvancedAnnual report
「In January 2021, the Group formulated a new medium-term management plan covering the fiscal years ending March 2022 through March 2024 and is implementing the following measures. / ④ Full-scale entry into new businesses through M&A: Using funds raised through this year's third-party allotment, we will strengthen the recycling business as a second core business alongside the spinning business by introducing new equipment ourselves and acquiring another company's business base through M&A.」
Based on the new medium-term management plan, the company made a full-scale entry into the recycling business through equipment investment and M&A funded by the third-party allotment. Net sales from the recycling business were ¥104.931 million, but fell short of the earnings plan. - FY2022-Q3AdvancedAnnual report
「In the recycling business, we acquired a new production base in Kakegawa, Shizuoka Prefecture, through a business acquisition in September 2021. Strong production in the plastic recycling business using waste from flexible container bags contributed to higher net sales. We also installed recycling equipment at our head office plant, began processing and production in December 2021, and plan to begin shipments in January 2022. Based on the above, we plan to generate earnings from the business on a level comparable to the spinning business in the next fiscal year.」
In the recycling business under the new medium-term management plan, processing and production at the head office plant began in December 2021, following the acquisition of the Kakegawa production base, with shipments scheduled to begin in January 2022. The business is expected to generate earnings comparable to the spinning business in the next fiscal year. - FY2022-Q2AdvancedAnnual report
「In the recycling business, we acquired a new production base in Kakegawa, Shizuoka Prefecture, through a business acquisition in September 2021. As production in the plastic recycling business using waste from flexible container bags has been strong, we expect it to contribute to earnings from the second half of the fiscal year.」
Under the new medium-term management plan's recycling business initiatives, the company acquired a new production base in Kakegawa and reached the stage of expecting a contribution to earnings from the second half of the fiscal year. - FY2022-Q1RestatedAnnual report
「In the spinning business, we are working to develop high-performance fibers by strengthening collaboration with business partners and accelerating research and development, while also developing antibacterial and antiviral yarn and bringing it to market at an early stage, with the aim of establishing our own brand. In the textile business, we are working to strengthen sales through greater grade diversification.」
Measures to improve profitability by combining higher functionality and research and development in the spinning business with stronger sales in the textile business are continuing. - FY2021RestatedAnnual report
「In January 2021, we formulated a new medium-term management plan covering the fiscal years ending March 2022 through March 2024. Alongside efforts to strengthen the Spinning Business and Textile Business, we are promoting initiatives to launch a plastic-waste recycling business, beginning with the healthcare business as a new business, and working to improve performance.」
The new medium-term management plan covering the fiscal years ending March 2022 through March 2024, updated from the previous plan, and its target areas have also been confirmed in the annual report. - FY2021-Q3ReframedAnnual report
「In January 2021, we formulated a new medium-term management plan covering the fiscal years ending March 2022 through March 2024. Alongside efforts to strengthen the Spinning Business and Textile Business, we are promoting initiatives to launch a plastic-waste recycling business, beginning with the healthcare business as a new business, and working to improve performance.」
The previous medium-term management plan, "CHALLENGE KITABO," was updated to a new plan covering the fiscal years ending March 2022 through March 2024. Its target areas were strengthening the spinning and textile businesses, healthcare, and plastic waste recycling. - FY2021-Q2AdvancedAnnual report
「In the spinning business, we have begun prototyping other grades of the existing aramid fiber with the cooperation of the manufacturer. For new applications, we are currently developing antiviral and antibacterial spun yarn, which is progressing smoothly through industry-academia-government collaboration. In the textile business, we are also working to expand sales channels and improve profitability.」
In line with the medium-term management plan's focus on strengthening the spinning business and developing new applications, prototyping of other aramid fiber grades and development of antiviral and antibacterial spun yarn are progressing. The textile business continues to expand its sales channels. - FY2021-Q1RestatedAnnual report
「In the spinning business, we are working to strengthen the business by developing new applications for all types of spun yarn, developing our own sales channels, securing orders for polyester fiber through tie-ups with local textile-processing manufacturers, and further improving factory yields, while also seeking to strengthen collaboration with existing business partners. In the textile business, we are also working to expand sales channels and improve profitability.」
Measures aligned with the medium-term management plan to strengthen the spinning business, expand sales channels, secure orders and improve profitability through higher productivity are continuing. - FY2020-Q3RestatedAnnual report
「In the Spinning Business, the company is working to secure orders, review order prices, improve and reduce the cost of its production system, and expand sales channels in the Textile Business, with the aim of improving profitability.」
This indicates the continuation of measures aligned with the medium-term management plan: strengthening the spinning business, developing new businesses and expanding sales channels, and improving profitability. - FY2019First statedAnnual report
「To secure stable business earnings, the company formulated the medium-term management plan "CHALLENGE KITABO" and is working to improve profitability through initiatives in three areas: strengthening the Spinning Business, developing new business areas, and developing human resources and improving the workplace environment.」
The name of the medium-term management plan and the three initiative areas—spinning, new business, and human resources and workplace environment—were explicitly identified for the first time.