Restructuring the core titanium oxide and iron oxide businesses
First written in FY2016. 17 of 23 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「The Company will continue to pursue its basic policies of expanding sales of products for cosmetics and improving profitability, strengthening resilience to risk, and contributing to a sustainable society. It aims to secure a unique position and gain market share in the global cosmetics market, which contracted significantly during the COVID-19 pandemic, while continuing efforts to improve profitability through cost reductions, implement its growth strategy, improve the efficiency of management resources and strengthen resilience to risk.」
The focus has been reorganized from the previous emphasis on restructuring the foundation businesses to a structure centered on expanding sales of products for cosmetics, improving profitability and strengthening resilience to risk under the Seventh Medium-Term Management Plan. - FY2025-H1RestatedAnnual report
「There have been no material changes to the management policies, management strategies or other matters established by our Group during the interim consolidated accounting period.」
The Company states that there have been no material changes to its management strategy, including the restructuring of its business portfolio centered on titanium dioxide and iron oxide. - FY2024-Q3RestatedAnnual report
「Against this backdrop, the Group worked to enhance corporate value under its three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024) by improving profitability through cost reductions, implementing its growth strategy and improving the efficiency of its management resources.」
There have been no material changes to the policies of cost reduction, profitability improvement, growth strategy and management-resource efficiency under the Sixth Medium-Term Management Plan. - FY2024-Q2RestatedAnnual report
「Against this backdrop, the Group worked to enhance corporate value under its three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024) by improving profitability through cost reductions, implementing its growth strategy and improving the efficiency of its management resources.」
The Company continues to pursue its policies of improving profitability, implementing its growth strategy and improving the efficiency of management resources under the Sixth Medium-Term Management Plan. - FY2024-Q1RestatedAnnual report
「Against this backdrop, the Group worked to enhance corporate value under its three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024) by improving profitability through cost reductions, implementing its growth strategy and improving the efficiency of its management resources.」
The Company has reiterated its policies of improving profitability, pursuing its growth strategy and improving the efficiency of management resources under the Sixth Medium-Term Management Plan. - FY2023AdvancedAnnual report
「The Company recorded impairment losses on fixed assets and other items as extraordinary losses in connection with the discontinuation of pigment-grade titanium dioxide production.」
The Company recorded ¥52 million in impairment losses on fixed assets related to the discontinuation of pigment-grade titanium dioxide production and ¥35 million in costs for dismantling idle facilities, reflecting the restructuring of its foundation businesses in its accounting treatment. - FY2023-Q2RestatedAnnual report
「Against this backdrop, the Group worked to enhance corporate value under its three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024) by improving profitability through cost reductions, implementing its growth strategy and improving the efficiency of its management resources.」
Under the Sixth Medium-Term Management Plan, the Group continues to pursue higher profitability, its growth strategy and more efficient use of management resources, including in its foundation businesses. - FY2021-Q3RestatedAnnual report
「Against this backdrop, under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), the Group worked to strengthen its overall earnings power and build a new foundation, while giving top priority to addressing new management challenges arising from the global COVID-19 pandemic.」
The group continues to strengthen earnings across its titanium dioxide and iron oxide businesses and build a new foundation for growth. - FY2020RestatedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), the Group promoted the concentration of management resources, including capital investment and research and development investment, in businesses where it can leverage its strengths and expect growth. At the same time, for businesses with low profitability, it assessed their future prospects and other factors and worked to strengthen the Group-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures.」
The policy of rebuilding the core businesses through concentrated investment in growth businesses, reduced sales of low-profitability businesses and cost structure reforms has continued. - FY2020-Q3RestatedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures.」
The policy of rebuilding the core businesses through concentrated investment in growth businesses, reduced sales of low-profitability businesses and cost structure reforms has continued. - FY2020-Q1AchievedAnnual report
「Shipments of titanium oxide declined substantially due to the discontinuation of sales of pigment-grade titanium oxide products as part of the restructuring of the titanium oxide business.」
The discontinuation of sales of pigment-grade titanium oxide products, an individual measure under the restructuring of the titanium oxide business, has been completed. Restructuring of the titanium oxide business as a whole is continuing. - FY2019RestatedAnnual report
「Titanium oxide, commodity products, reform, restructuring, profitability-focused, discontinue pigment-grade products」
The policy of restructuring the business by prioritizing profitability and discontinuing pigment-grade titanium oxide sales has continued for commodity titanium oxide products. - FY2019-Q3RestatedAnnual report
「Against this backdrop, under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures.」
The policy of rebuilding the core businesses by concentrating investment in businesses expected to grow while reducing sales and reforming the cost structures of low-profitability businesses has continued. - FY2019-Q1RestatedAnnual report
「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures.」
Regarding the restructuring of the core businesses, the policy of concentrating investment in businesses expected to grow while reducing sales and reforming the cost structures of low-profitability businesses has continued. - FY2018AdvancedAnnual report
「Titanium oxide, commodity products, reform, restructuring, profitability-focused, discontinue pigment-grade products」
The strategy of discontinuing pigment-grade titanium oxide sales was specified in the business strategy of the Fifth Medium-Term Management Plan, and ¥421 million in business structure improvement costs was also recorded for the fiscal year. - FY2018-Q3ReframedAnnual report
「For pigment-grade titanium oxide, we continued considering how to restructure the business to secure stable earnings, but concluded that ensuring profitability would be difficult due to intensifying competition with overseas manufacturers and aging facilities. Accordingly, we decided to discontinue the manufacture and sale of pigment-grade titanium oxide and fundamentally restructure the titanium oxide business by specializing in the supply of raw materials to ultrafine titanium oxide, our core business. Manufacturing was scheduled to end in March 2018 and sales in March 2019.」
The policy was revised to discontinue the manufacture and sale of pigment-grade titanium oxide and specialize in supplying raw materials to ultrafine titanium oxide. Manufacturing was scheduled to end in March 2018 and sales in March 2019. - FY2018-Q2RestatedAnnual report
「Under the three-year new medium-term business plan (fiscal years ending March 2016 to March 2018), we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
Rebuilding the core businesses has continued as a priority measure under the medium-term business plan. - FY2018-Q1RestatedAnnual report
「Against this backdrop, under the three-year new medium-term business plan (fiscal years ending March 2016 to March 2018), we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
Rebuilding the core businesses has continued as a priority measure under the medium-term business plan. - FY2017RestatedAnnual report
「Rebuilding the core businesses: expanding the business scope by enhancing raw material supply functions for the core businesses and developing new applications」
The basic strategy of maintaining titanium oxide and iron oxide as core businesses and rebuilding them by enhancing raw material supply functions and developing new applications has continued. - FY2017-Q3RestatedAnnual report
「Under the three-year new medium-term business plan, we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
Rebuilding the core businesses has continued as a measure under the new medium-term business plan. - FY2017-Q2RestatedAnnual report
「Against this backdrop, under the three-year new medium-term business plan, we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
Rebuilding the core businesses has continued as a measure under the new medium-term business plan. - FY2017-Q1RestatedAnnual report
「Against this backdrop, under the three-year new medium-term business plan beginning with the fiscal year ending March 2016, we worked to strengthen our earnings base for sustainable growth by rebuilding our core businesses, expanding earnings from our core businesses and strengthening new businesses.」
Rebuilding the core businesses has continued as a priority measure under the medium-term business plan. - FY2016First statedAnnual report
「Rebuilding the core businesses: expanding the business scope by enhancing raw material supply functions for the core businesses and developing new applications」
The plan calls for maintaining titanium oxide and iron oxide as core businesses while expanding the business scope by enhancing raw material supply functions and developing new applications.