Construction of a New Plant in Bando, Ibaraki Prefecture
First written in FY2020. 3 of 11 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AdvancedAnnual report
「Operating profit was ¥3.475 billion, up 103.4% year on year, due to strong performance at overseas subsidiaries and the effects of site consolidation following completion of the new-plant relocation.」
After completion of the relocation to the Bando manufacturing facility, the effects of site consolidation were actually cited as a factor behind higher operating profit, indicating that the benefits of the relocation and consolidation had emerged in financial performance. - FY2024AchievedAnnual report
「The relocation was completed in March 2024, reducing the number of operating domestic sites from 3 in Kawaguchi, Shiga and Bando to 2 in Shiga and Bando. The Company will reduce fixed costs and other burdens, promote rationalization using new equipment, focus on markets where it can capitalize on its strengths, and expand into information electronics and industrial materials, where growth is expected through the use of its coating technologies.」
Production relocation to the Bando manufacturing facility was completed, consolidating domestic production sites from 3 to 2. The Company has therefore moved to the stage of reducing fixed costs and promoting rationalization through new equipment. At the same time, it recognized an impairment loss of ¥2.245 billion on assets for Graphics & Printing Materials during the fiscal year. - FY2024-Q3MitigatedAnnual report
「Segment sales declined to ¥22.877 billion, down 2.9% year on year. However, because one-off new-plant relocation costs were recognized in the previous fiscal year and profitability at overseas subsidiaries improved following sales-price revisions and other measures, the operating loss narrowed to ¥454 million, compared with an operating loss of ¥1.074 billion in the same period of the previous year.」
The one-off impact of new-plant relocation costs fell out of the year-on-year comparison, while sales-price revisions and other measures at overseas subsidiaries also contributed, narrowing the operating loss from ¥1.074 billion in the same period of the previous year to ¥454 million. - FY2023WorsenedAnnual report
「Due to lower sales volumes resulting from the food-loss issue, reduced foot traffic during the COVID-19 pandemic and higher raw-material prices, the business plan underlying the originally envisaged relocation plan diverged from actual conditions, resulting in the recognition of an impairment loss. While steadily advancing the relocation plan, the Company will consolidate its 3 domestic sites in Kawaguchi, Shiga and Bando into 2 sites in Shiga and Bando to reduce fixed costs and other burdens.」
Regarding the relocation plan for the new Bando plant, the Company disclosed an impairment loss of ¥1.748 billion resulting from divergence from the business plan, together with a policy of consolidating domestic production sites from 3 to 2 to reduce fixed costs. - FY2023-Q3WorsenedAnnual report
「Due to persistently high raw material prices and the costs of relocating to a new plant, the company posted an operating loss of ¥1.074 billion, compared with an operating loss of ¥407 million in the same period of the previous year.」
For the new plant, the recognition of relocation costs, in addition to the previously cited start-up and depreciation burden, was listed as a factor that expanded the operating loss from ¥407 million in the same period of the previous year to ¥1.074 billion. - FY2023-Q2WorsenedAnnual report
「The Company recorded an operating loss of ¥711 million, compared with an operating loss of ¥214 million in the same period of the previous year, due to higher raw-material prices and the recognition of new-plant relocation costs.」
For the new plants, including the Bando manufacturing facility, the recognition of relocation costs, in addition to the previously cited start-up and depreciation burden, was listed as a factor that expanded the operating loss. - FY2023-Q1Profit impact of new-plant relocation costs becomes apparentAnnual report
「The Company recorded an operating loss of ¥369 million, compared with an operating loss of ¥0 million in the same period of the previous year, due to higher raw-material prices and the recognition of new-plant relocation costs.」
For the new plant, in addition to the previously cited start-up and depreciation burden, the recognition of relocation costs was listed as a factor behind the operating loss in Graphics & Printing Materials. - FY2022-Q3RestatedAnnual report
「Operating profit was an operating loss of ¥407 million, due to higher raw-material prices and the burden of depreciation and other costs following the start-up of the Bando manufacturing facility.」
Even after the start-up of the Bando manufacturing facility, the burden of depreciation and other costs continues to affect profit in the Graphics & Printing business. - FY2022-Q2AdvancedAnnual report
「The Company recorded an operating loss of ¥214 million, compared with operating profit of ¥539 million in the same period of the previous year, due to higher raw-material prices and the burden of depreciation and other costs following the start-up of the Bando manufacturing facility.」
For the Bando manufacturing facility previously described as under construction, depreciation and other costs following the start-up were cited as factors behind the operating loss, indicating that the facility had progressed to the operating stage. - FY2022-Q1AdvancedAnnual report
「Operating profit was ¥0 million, compared with operating profit of ¥233 million in the same period of the previous year, due mainly to higher raw-material prices and the depreciation burden from the new plant.」
For the new plant previously described as under construction, the depreciation burden from the new plant was cited this time as a factor behind the operating loss. Completion and full-scale start-up of the plant itself were not stated. - FY2020First statedAnnual report
「Construction began in November 2019 on a 70,000-square-meter plot in the Bando Inter Industrial Park in Ibaraki Prefecture, acquired in December 2017, with full-scale operations targeted for 2021. Construction is still under way.」
The Company is constructing a new plant on a 70,000-square-meter site for its comprehensive printing systems and chemicals businesses. Total planned capital investment is ¥11.851 billion, with completion scheduled for March 2024.