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Titan Kogyo (4098) · InitiativeCapital investment and new project plans updated

Capital Investment to Improve Productivity and Quality and Invest in Growth Areas

First written in FY2016. 8 of 19 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.

19entries
11years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017RestatedFY2020-Q3 – FY2020OtherFY2022-Q3 – FY2023-Q2OtherFY2024-Q2 – FY20262016: 120162017: 120172018: 220182019: 320192020: 220202021: 320212022: 320222023: 220232024: 020242025: 120252026: 12026
Same theme, other companies
Equipment Renewal to Reduce Labor Requirements and Improve Product ReliabilityA theme 54 companies write about · 0 as a headwind · 54 as a tailwind

12 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 54 companies compared. The sentences above are computed from all 54.
Full recordFilings, disclosures and news, newest first
  1. FY2026Capital investment and new project plans updatedAnnual report

    「During the fiscal year, we mainly carried out maintenance and renewal work on existing facilities. The breakdown of capital investment, measured by additions to the property, plant and equipment ledger, was as follows: titanium dioxide-related business, ¥30 million; iron oxide-related business, ¥25 million; Other, ¥60 million; Total, ¥116 million.」

    Capital investment during the period was ¥116 million, primarily for maintenance and renewal of existing facilities. There were no applicable plans for major new facility construction or disposal.
  2. FY2026-H1Facility acquisition spending updatedAnnual report

    「Net cash used in investing activities was ¥214 million, compared with net cash provided of ¥218 million in the same period of the previous year. This mainly reflected cash outflows of ¥216 million for the acquisition of property, plant and equipment.」

    Expenditure on the acquisition of property, plant and equipment during the interim consolidated accounting period was ¥216 million, up from ¥96 million in the same period of the previous year.
  3. FY2024-Q2Capital spending on facility acquisitions updated following the major expansionAnnual report

    「Net cash used in investing activities was ¥38 million, compared with ¥114 million in the same period of the previous year. This mainly reflected cash outflows of ¥42 million for the acquisition of property, plant and equipment.」

    Expenditure on the acquisition of property, plant and equipment was ¥42 million, down from ¥129 million in the same period of the previous year. The level of capital investment following the major expansion was updated.
  4. FY2023AdvancedAnnual report

    「Iron oxide production facility; 728; -; internal funds, leasing and other sources; 2023.3; 2025.3」

    Following the major expansion of the titanium dioxide facility, a new plan was disclosed for an iron oxide production facility, with total investment of ¥728 million, construction scheduled to begin in March 2023 and completion scheduled for March 2025.
  5. FY2023-Q2Low capital investment following the major expansion confirmedAnnual report

    「Net cash used in investing activities was ¥114 million, compared with ¥3,347 million in the same period of the previous year. This mainly reflected cash outflows of ¥129 million for the acquisition of property, plant and equipment.」

    Expenditure on the acquisition of property, plant and equipment declined to ¥129 million from ¥3,347 million in the same period of the previous year, when the major expansion took place, and the reduction in capital investment following the expansion continued.
  6. FY2022Lower capital investment following the major expansionAnnual report

    「During the fiscal year, we mainly carried out maintenance and renewal work on existing facilities. The breakdown of capital investment, measured by additions to the property, plant and equipment ledger, was as follows.」

    Following the major expansion of the ultrafine titanium dioxide production facility, capital investment during the year centered on maintenance and renewal of existing facilities and totaled ¥286 million. There were no plans for major new facility construction or disposal.
  7. FY2022-Q3RestatedAnnual report

    「Although earnings were affected by higher depreciation expenses associated with the expansion of the ultrafine titanium dioxide production facility and surging prices for major raw materials and fuels, operating profit was ¥301 million, compared with an operating loss of ¥154 million in the same period of the previous year, due in part to higher sales and production volumes.」

    While depreciation expenses associated with the expansion of the ultrafine titanium dioxide production facility continued to be incurred, the increase in production volume was identified as a factor improving earnings.
  8. FY2022-Q2AdvancedAnnual report

    「Net cash used in investing activities was ¥3,347 million, compared with ¥367 million in the same period of the previous year. This mainly reflected cash outflows from the acquisition of property, plant and equipment of ¥3,345 million and other items.」

    The acquisition of property, plant and equipment, including the expansion of the ultrafine titanium dioxide production facility, resulted in expenditure of ¥3,345 million during the six-month period.
  9. FY2022-Q1AdvancedAnnual report

    「Although earnings were affected by higher depreciation expenses associated with the expansion of the ultrafine titanium dioxide production facility and surging prices for major raw materials and fuels, operating profit rose to ¥144 million, up 91.7% year on year, due to higher sales and an increase in the facility operating rate.」

    Depreciation expenses associated with the expansion of the ultrafine titanium dioxide production facility were incurred, indicating that the expanded facility had entered the depreciation phase. The facility operating rate increased, and operating profit was ¥144 million.
  10. FY2021AdvancedAnnual report

    「During the fiscal year, we mainly carried out expansion work on the ultrafine titanium dioxide production facility and maintenance and renewal work on existing facilities. The breakdown of capital investment, measured by additions to the property, plant and equipment ledger and excluding consumption taxes and other taxes, was as follows.」

    Expansion work on the ultrafine titanium dioxide production facility was carried out. Capital investment during the period was ¥3,561 million, of which ¥3,354 million was in the titanium dioxide-related business.
  11. FY2020RestatedAnnual report

    「Filing company; Ube, Yamaguchi Prefecture; titanium dioxide-related business; ultrafine titanium dioxide production facility; approximately ¥3,500 million; internal funds, borrowings and other sources; January 2020; December 2020.」

    The plan for the ultrafine titanium dioxide production facility continues to be disclosed, with an expected investment of approximately ¥3.5 billion, construction scheduled to begin in January 2020 and completion scheduled for December 2020.
  12. FY2020-Q3RestatedAnnual report

    「Filing company; Ube, Yamaguchi Prefecture; titanium dioxide-related business; ultrafine titanium dioxide production facility; approximately ¥3,500 million; internal funds, borrowings and other sources; January 2020; December 2020.」

    The plan for the ultrafine titanium dioxide production facility continues to be disclosed, with an expected investment of approximately ¥3.5 billion, construction scheduled to begin in January 2020 and completion scheduled for December 2020.
  13. FY2020-Q2AdvancedAnnual report

    「During the six-month period ended the second quarter, newly confirmed major facility construction and expansion plans were as follows: Filing company, Ube, Yamaguchi Prefecture; titanium dioxide-related business; ultrafine titanium dioxide production facility; approximately ¥3,500 million; internal funds, borrowings and other sources; January 2020; December 2020.」

    A new plan was finalized for the ultrafine titanium dioxide production facility, with an expected investment of approximately ¥3.5 billion, construction scheduled to begin in January 2020 and completion scheduled for December 2020.
  14. FY2019AdvancedAnnual report

    「During the fiscal year, we mainly carried out maintenance and renewal work on existing facilities. The breakdown of capital investment, measured by additions to the property, plant and equipment ledger and excluding consumption taxes and other taxes, was as follows: Fiscal year: titanium dioxide-related business, ¥1,126 million; iron oxide-related business, ¥144 million; Other, ¥207 million; Total, ¥1,479 million.」

    Capital investment totaling ¥1,479 million was made over the full year in growth areas and existing facilities, including ¥1,126 million invested in the titanium dioxide-related business.
  15. FY2019-Q3AdvancedAnnual report

    「The expansion of the titanium dioxide manufacturing facility (the ultrafine titanium dioxide manufacturing facility), which had been planned at the end of the previous fiscal year, was completed in October 2018.」

    The planned expansion of the ultrafine titanium dioxide production facility as capital investment in a growth area was completed. This concerns progress on a specific expansion project, rather than the overall capital investment policy.
  16. FY2018RestatedAnnual report

    「During the fiscal year, we mainly carried out maintenance and renewal work on existing facilities, with capital investment totaling ¥278 million.」

    The policy of focusing capital investment on improving productivity and quality and targeting growth areas continued. Capital investment during the period centered on maintenance and renewal of existing facilities.
  17. FY2018-Q3AdvancedAnnual report

    「Accordingly, to expand the scale of the business, we planned to expand the ultrafine titanium dioxide production facility at the ST-5 plant. The investment is expected to be approximately ¥1 billion, with construction scheduled to begin in March 2018 and production scheduled to start in October of the same year.」

    The expansion of the ST-5 plant's ultrafine titanium dioxide production facility was specified as capital investment in a growth area. The investment is expected to be approximately ¥1 billion, and the planned construction start and production start dates were also disclosed.
  18. FY2017RestatedAnnual report

    「We make capital investments with a focus on maintaining and improving productivity in manufacturing processes, improving the quality of existing products, fields expected to grow in the future, and research and development.」

    The capital investment policy remained unchanged. Capital investment during the fiscal year was ¥571 million, primarily for maintenance and renewal work on existing facilities.
  19. FY2016First statedAnnual report

    「We make capital investments with a focus on maintaining and improving productivity in manufacturing processes, improving the quality of existing products, fields expected to grow in the future, and research and development.」

    Capital investment during the fiscal year was ¥512 million, primarily for maintenance and renewal work on existing facilities.
Moved together

"Expanding Profitability in Core Businesses" moved the same way as this thread, in the same document, in 6 of its 19 moves.

654443★123456
  1. ★This thread
  2. 1Expanding Profitability in Core Businesses6×
  3. 2Early New-Product Launches and Global Expansion5×
  4. 3Strengthening the Earnings Base for Sustainable Growth4×
  5. 4Transformation toward stable profits and an earnings mix under the Fifth Medium-Term Management Plan4×
  6. 5Concentrating Management Resources on Growth Businesses and Reforming Low-Return Businesses4×
  7. 6Increased production and expanded sales of products for iron oxide cosmetics3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Titan Kogyo's next results are scheduled for 2026-11-13. Read the earnings preview
News
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