Temporary Losses Associated with Focus and Consolidation
First written in FY2016. 11 of 13 entries say "Materialised", first in FY2018-Q2. Latest entry: FY2026.
Rengo moved to the "Worse" side of this theme in 2017, 1 year before the typical company in this theme (2018).
The whole theme swung hardest in 2017: 6 of 14 companies on the "Worse" side.
6 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「An impairment loss relating to Tricor was recognized as an extraordinary loss.」
Due to deteriorating performance in the European heavy-duty packaging business, an impairment loss of ¥18,910 million relating to Tricor was recognized, bringing to light losses associated with business restructuring and focusing on core businesses. - 2026-05-14MaterialisedRevisions to earnings forecasts
「Provision for relocation costs for the plant」
A provision for relocation costs of ¥2,377 million was recorded in connection with the relocation of the Shonan Plant, making the costs associated with the business restructuring more concrete. - FY2023MaterialisedAnnual report
「The estimated amount of losses has been recognized to provide for losses arising from the relocation of the plant.」
A ¥363 million provision for plant-relocation costs was recognized in connection with the relocation to the Ehime T온 Plant, bringing business-restructuring costs to light. - FY2020MaterialisedAnnual report
「Plant-closure losses for the consolidated fiscal year under review relate to costs associated with closing the Company's Yodogawa Plant. They comprise ¥975 million in removal costs and other expenses for buildings and other assets at the Yodogawa Plant, and ¥18 million in miscellaneous expenses and other costs associated with the closure.」
Temporary losses associated with business restructuring and the plant closure were recognized as ¥993 million in plant-closure losses during the period. - FY2020-Q3MaterialisedAnnual report
「Losses on disposal and sale of fixed assets of ¥425 million, plant-renovation costs of ¥337 million, and plant-closure losses of ¥321 million」
Temporary losses associated with business restructuring, the plant closure, and equipment rebuilding were recognized as, among other items, ¥321 million in plant-closure losses during the nine-month period under review. - FY2020-Q2MaterialisedAnnual report
「Extraordinary losses totaled ¥1,159 million, comprising ¥351 million in losses on disposal and sale of fixed assets, ¥321 million in plant-closure losses, ¥265 million in plant-renovation costs, and ¥220 million in other losses.」
Plant-closure losses of ¥321 million and plant-renovation costs of ¥265 million were recognized, resulting in temporary losses associated with business restructuring and equipment rebuilding. - FY2019MaterialisedAnnual report
「Plant-closure losses relate to costs associated with closing the Company's Yodogawa Plant. They comprise ¥338 million in impairment losses on buildings and other assets at the Yodogawa Plant, and ¥108 million in relocation costs and other expenses.」
Temporary losses associated with business restructuring and the plant closure were recognized as ¥447 million in plant-closure losses during the period. - FY2019-Q1MaterialisedAnnual report
「Extraordinary losses totaled ¥219 million, comprising ¥82 million in plant-closure losses and ¥137 million in other losses.」
Temporary losses associated with business restructuring and the plant closure were recognized as ¥82 million in plant-closure losses in the first quarter under review. - FY2018MaterialisedAnnual report
「Business-structure improvement costs relate to rebuilding the Company's corrugated-containerboard production system. They comprise ¥540 million in fixed costs and other expenses incurred during the suspension of operations for linerboard co-production modification work at the Kanazu Plant, and ¥565 million in impairment losses and other expenses associated with the closure of the Yodogawa Plant.」
Temporary losses associated with rebuilding the production system and closing the plant were recognized as ¥1,105 million in business-structure improvement costs. - FY2018-Q3MaterialisedAnnual report
「Extraordinary losses totaled ¥1,884 million, comprising ¥768 million in business-structure improvement costs, ¥536 million in losses on disposal and sale of fixed assets, and ¥579 million in other losses.」
During the process of focusing on and improving the business structure, ¥768 million in business-structure improvement costs were recognized. - FY2018-Q2MaterialisedAnnual report
「Extraordinary losses totaled ¥1,366 million, comprising ¥538 million in business structure improvement expenses, ¥427 million in losses on the disposal and sale of fixed assets, and ¥399 million in other losses.」
During the process of focusing on and improving the business structure, temporary business-structure improvement costs of ¥538 million were recognized. - FY2017RestatedAnnual report
「The Group is pursuing business selection and concentration to increase corporate value, but temporary losses may arise in the process and may affect the Group's operating results and financial condition.」
The Group continues to disclose the possibility of temporary losses associated with business selection and concentration. - FY2016First statedAnnual report
「The Group is pursuing business selection and concentration to increase corporate value, but temporary losses may arise in the process and may affect the Group's operating results and financial condition.」
The Group regards business restructuring as a means of achieving growth and increasing corporate value, while identifying temporary losses during the process as a risk.