Business structure improvement through the suspension of melamine production
First written in FY2022-Q2. 1 of 5 entries say "Restated". Latest entry: FY2024-Q3.
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- FY2024-Q3Cited as achievedAnnual report
「Melamine, used in adhesives and other products, generated lower revenue as sales ended in the third quarter of the previous fiscal year as part of the structural reforms.」
The structural reforms for melamine, which progressed to the ending of sales in the third quarter of the previous fiscal year, are cited as a past action contributing to the segment’s lower revenue in the current quarter. - FY2023AchievedAnnual report
「Melamine, used in plywood adhesives and other products, generated lower revenue as sales ended in the third quarter following the structural reforms announced in August 2021.」
The structural reforms decided in the previous fiscal year, including the cessation of melamine production, reached the specific implementation stage of ending sales. - FY2023-Q3AdvancedAnnual report
「Melamine, used in plywood adhesives and other products, generated lower revenue as sales ended in the third quarter following the structural reforms announced in August 2021.」
The structural reforms decided in the previous fiscal year, including the cessation of melamine production, progressed to the specific stage of ending sales in the third quarter. - FY2022-Q3RestatedAnnual report
「These costs arose from the decision to cease melamine production in the Chemicals segment and consisted of ¥1,268 million in dismantling and removal costs and other expenses, ¥775 million in impairment losses, and ¥121 million in inventory valuation losses.」
The breakdown of the ¥2,165 million in business structure improvement expenses associated with the decision to cease melamine production continues to be disclosed. - FY2022-Q2First statedAnnual report
「These costs arose from the decision to cease melamine production in the Chemicals segment and consisted of ¥1,268 million in dismantling and removal costs and other expenses, ¥775 million in impairment losses, and ¥121 million in inventory valuation losses.」
Following the decision to cease melamine production, we recorded ¥2,165 million in business structure improvement expenses related to dismantling and removal, impairment, and inventory valuation.