Hokuetsu (3865) · InitiativeAdvanced
Transfer of Part of the Business Forms Printing Business and Other Businesses
First written in FY2021. 1 of 2 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023-Q1.
2entries
2years
0from disclosures
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Same theme, other companies
Concentration on the packaging business through the partial transfer of the business forms printing and related businessesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2023-Q1AdvancedAnnual report
「The packaging and paper processing businesses reported lower revenue and lower profit due to the transfer of the information media business and soaring raw material prices, among other factors.」
The business transfer in the information media field decided in the previous fiscal year emerged as a factor affecting the performance of the packaging and paper processing businesses during the quarter. - FY2021First statedAnnual report
「We decided to transfer part of the business forms printing business and other businesses in order to concentrate management resources on packaging businesses such as paper containers, for which demand is expected to increase due in part to the marine plastics issue.」
The company decided to transfer the business forms printing business and other operations to focus management resources on paper containers and other packaging businesses.