Earnings recovery through the restructuring of underperforming businesses
First written in FY2016. 13 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-05.
No other company in this theme has enough history to compare yet.
- FY2026Widening losses in Basic Materials and accelerated restructuringAnnual report
「・Exit from core operating losses in Basic & Green Materials by accelerating restructuring and strengthening downstream operations」
Although Basic Materials benefited from lower fixed costs and other factors as a result of business structure improvements, the core operating loss widened from ¥11.4 billion in the previous fiscal year to ¥18.4 billion due to deterioration in inventory valuation gains and losses resulting from lower raw material prices and worsening market conditions. The company has identified accelerated restructuring and stronger downstream operations as priorities. - FY2025-H1Basic Materials losses narrowed, but earnings recovery remains incompleteAnnual report
「The core operating loss narrowed by ¥6.1 billion from the previous interim consolidated accounting period to ¥2.6 billion, despite the delayed restart of production at the ethylene plant, which had been shut down for scheduled maintenance, due to inventory valuation gains and other factors associated with higher raw material prices for naphtha and other materials.」
Basic Materials had been pursuing the restructuring of underperforming businesses and narrowed its loss, but the earnings recovery is not complete due to the postponement of the restart of ethylene plant production and lower downstream demand. - FY2024-Q3Basic Materials falls into the red amid slowing demand and reduced inventory valuation gainsAnnual report
「Core operating income was a loss of ¥3.9 billion, a deterioration of ¥33.7 billion from the same period of the previous year, due to lower sales volumes resulting from slowing demand and reduced inventory valuation gains and other factors.」
Basic Materials had been pursuing the restructuring of underperforming businesses, but lower demand and reduced inventory valuation gains caused earnings to deteriorate by ¥33.7 billion year on year, resulting in a core operating loss of ¥3.9 billion. - FY2024-Q2Basic Materials falls into the red amid slowing demand and reduced inventory valuation gainsAnnual report
「Core operating profit and loss deteriorated by ¥34.4 billion from the same quarter of the previous year, resulting in a loss of ¥7.1 billion due to lower sales volumes amid slowing demand, reduced inventory valuation gains and other factors.」
Basic Materials had been pursuing the restructuring of underperforming businesses, but lower demand and reduced inventory valuation gains caused earnings to deteriorate by ¥34.4 billion year on year, resulting in a core operating loss of ¥7.1 billion. - FY2024-Q1Basic Materials falls into the red amid lower overseas market prices and inventory valuation lossesAnnual report
「Core operating profit and loss deteriorated by ¥21.2 billion from the same quarter of the previous year, resulting in a loss of ¥0.4 billion due to lower overseas market prices, inventory valuation losses and other factors.」
The Basic Materials earnings recovery deteriorated by ¥21.2 billion year on year due to lower overseas market prices, inventory valuation losses and other factors, resulting in a core operating loss. - FY2023-Q3Widening decline in Basic Materials profitAnnual report
「Core operating profit fell ¥37.7 billion from the same quarter of the previous year to ¥29.8 billion, due to lower overseas market prices for bisphenol A and other products, and the decline in inventory valuation gains resulting from lower prices for naphtha and other raw materials. As a result, the segment as a whole reported higher revenue but lower profit.」
The reversal of the Basic Materials earnings recovery continued due to lower overseas market prices and reduced inventory valuation gains, resulting in a ¥37.7 billion year-on-year decline in profit. - FY2023-Q2Earnings recovery reversed amid falling overseas market prices and slowing demandAnnual report
「Revenue in this segment rose ¥113.8 billion from the same quarter of the previous year to ¥448.3 billion, accounting for 47% of total revenue. Core operating profit, however, fell ¥22.3 billion to ¥27.3 billion due to lower overseas market prices for bisphenol A and other products. As a result, the segment as a whole reported higher revenue but lower profit.」
Basic Materials reported higher revenue, but core operating profit fell ¥22.3 billion year on year due to lower overseas market prices for bisphenol A and other products, and the reversal of the earnings recovery continued. - FY2023-Q1Reversal of the earnings recovery due to falling market pricesAnnual report
「Core operating profit fell ¥6.2 billion from the same period of the previous year to ¥20.8 billion due to lower overseas market conditions for bisphenol A and other products.」
Basic Materials earnings had improved due to higher market prices and inventory valuation gains, but profit fell ¥6.2 billion year on year due to lower overseas market prices for bisphenol A and other products. - FY2022Earnings improve on stronger market conditions and inventory valuation gainsAnnual report
「Core operating profit rose ¥55.5 billion from the previous consolidated fiscal year to ¥75.1 billion, due to the impact of overseas market conditions for bisphenol A and other products, inventory valuation gains resulting from higher prices for naphtha and other raw materials, and other factors.」
Basic Materials earnings recovered to ¥75.1 billion, but the factors behind the fiscal year's profit increase were explained as overseas market conditions, inventory valuation gains and other factors, rather than a new achievement in business restructuring. - FY2022-Q3Earnings improve on stronger market conditions and inventory valuation gainsAnnual report
「Core operating profit increased by ¥60.4 billion from the same period of the previous year to ¥65.7 billion, due to the impact of overseas market conditions for bisphenol A and other products, and inventory valuation gains and other factors associated with higher raw material prices for naphtha and other materials.」
Basic Materials had been pursuing the restructuring of underperforming businesses, and core operating profit improved to ¥65.7 billion. The improvement was attributed to overseas market conditions, inventory valuation gains and other factors. - FY2022-Q2Earnings improve on stronger market conditions and inventory valuation gainsAnnual report
「Core operating income improved by ¥53.2 billion from the same period of the previous year to ¥48.6 billion, due to the impact of overseas market conditions for bisphenol A and other products, and inventory valuation gains and other factors associated with higher raw material prices for naphtha and other materials.」
Basic Materials had been pursuing the restructuring of underperforming businesses, and core operating profit and loss improved to ¥48.6 billion this quarter. The improvement was attributed to overseas market conditions, inventory valuation gains and other factors. - FY2022-Q1Earnings improve on stronger market conditions and inventory valuation gainsAnnual report
「Core operating income improved by ¥33.0 billion from the same period of the previous year to ¥26.7 billion, due to the impact of overseas market conditions for bisphenol A and other products, and inventory valuation gains and other factors associated with higher raw material prices for naphtha and other materials.」
Basic Materials had improved against a backdrop of business structure improvements, and core operating profit and loss recovered to ¥26.7 billion this quarter. The factors behind the improvement this time were overseas market conditions, inventory valuation gains and other factors. - FY2021AdvancedAnnual report
「Core operating profit, however, rose ¥10.2 billion from the previous consolidated fiscal year to ¥19.6 billion, due to the impact of overseas market conditions and other factors.」
Despite the impact of overseas market conditions and other factors, Basic Materials' core operating profit increased from ¥9.4 billion the previous year to ¥19.6 billion, and the earnings recovery progressed. - FY2021-Q2Basic Materials earnings recovery paused and losses continuedAnnual report
「Core operating income was a loss of ¥4.6 billion, a deterioration of ¥11.5 billion from the same period of the previous year, due to inventory valuation losses and other factors associated with lower raw material prices.」
Basic Materials had improved against a backdrop of business structure improvements, but inventory valuation losses and other factors resulting from lower raw material prices resulted in a core operating loss of ¥4.6 billion, with the earnings recovery no longer continuing. - FY2021-Q1Basic Materials earnings recovery pausedAnnual report
「Core operating income was a loss of ¥6.3 billion, a deterioration of ¥13.9 billion from the same period of the previous year, due to inventory valuation losses and other factors associated with lower raw material prices.」
Basic Materials had improved against a backdrop of business structure improvements, but inventory valuation losses and other factors resulting from lower raw material prices caused earnings to deteriorate by ¥13.9 billion year on year, resulting in a core operating loss of ¥6.3 billion. - FY2020Basic Materials profit continued to declineAnnual report
「Operating profit fell ¥19.1 billion from the previous consolidated fiscal year to ¥8.7 billion due to the impact of overseas market conditions and other factors.」
Earnings in Basic Materials, which had improved following business restructuring, declined by ¥19.1 billion year on year due to overseas market conditions and other factors. - FY2020-Q3Basic Materials earnings recovery pausedAnnual report
「Operating income was ¥8.6 billion, down ¥18.9 billion from the same period of the previous year, due to the impact of overseas market conditions and other factors.」
Basic Materials had improved against a backdrop of business structure improvements, but profit fell ¥18.9 billion year on year due to overseas market conditions and other factors, marking a pause in the earnings recovery. - FY2020-Q2Basic Materials earnings recovery pausedAnnual report
「Operating profit fell ¥13.5 billion from the same quarter of the previous year to ¥4.9 billion, despite solid domestic demand, due to the impact of overseas market conditions and other factors.」
Basic Materials had improved against a backdrop of business structure improvements, and although domestic demand remained solid, operating profit declined to ¥4.9 billion due to overseas market conditions and other factors. - FY2020-Q1Basic Materials earnings recovery pausedAnnual report
「Operating income was ¥6.1 billion, down ¥4.9 billion from the same period of the previous year, due to the impact of overseas market conditions and other factors, despite firm domestic demand.」
Basic Materials had improved against a backdrop of the benefits of business structure improvements, but profit fell ¥4.9 billion year on year this quarter due to overseas market conditions and other factors. - FY2019Basic Materials earnings recovery pausedAnnual report
「Although domestic demand remained solid, operating profit in the Basic Materials segment fell ¥11.1 billion from the previous consolidated fiscal year to ¥27.8 billion, due mainly to the impact of inventory valuation resulting from fluctuations in naphtha prices and other factors.」
Basic Materials had continued to report higher profit against a backdrop of the benefits of business structure improvements, but profit declined this fiscal year due to the impact of inventory valuation and other factors. - FY2019-Q3Profit growth driven mainly by domestic demand and market conditionsAnnual report
「Segment sales were ¥545.7 billion, up ¥86.7 billion from the same period of the previous year, accounting for 49% of total sales. Operating income was ¥27.5 billion, up ¥1.0 billion year on year, due to the impact of firm domestic demand and rising market conditions.」
The Basic Materials segment, which includes underperforming businesses, reported higher profit, but the explanation for this quarter cited domestic demand and higher market prices, rather than the benefits of business restructuring, as the factors behind the increase. - FY2019-Q2AdvancedAnnual report
「Operating income was ¥18.4 billion, up ¥3.0 billion from the same period of the previous year, due to the impact of firm domestic demand and rising market conditions.」
Operating profit in the Basic Materials segment rose ¥3.0 billion year on year to ¥18.4 billion. Solid domestic demand and higher market prices, rather than the benefits of business restructuring, were cited as the factors behind the increase this time. - FY2018AdvancedAnnual report
「Basic Materials rose ¥0.4 billion from the previous consolidated fiscal year to ¥38.9 billion, due to solid domestic demand and the emergence of the benefits of the business structure improvements pursued by the company.」
The benefits of business structure improvements in Basic Materials continued to emerge, and segment operating profit reached ¥38.9 billion. - FY2018-Q3AdvancedAnnual report
「Operating income was ¥26.5 billion, up ¥2.6 billion from the same period of the previous year, due to the impact of firm domestic demand and the benefits of the business restructuring initiatives pursued by the Company.」
Business structure improvements within Basic Materials continued to show results, with segment operating profit rising ¥2.6 billion year on year to ¥26.5 billion. - FY2018-Q2AdvancedAnnual report
「Operating income was ¥15.4 billion, up ¥3.6 billion from the same period of the previous year, due to the impact of firm domestic demand and the benefits of the business restructuring initiatives pursued by the Company.」
Business structure improvements in Basic Materials continued to show results, with segment operating profit increasing ¥3.6 billion year on year. - FY2018-Q1AdvancedAnnual report
「Operating income was ¥10.8 billion, up ¥3.8 billion from the same period of the previous year, due to the impact of firm domestic demand and the benefits of the business restructuring initiatives pursued by the Company.」
Business structure improvements in Basic Materials continued to show results, with segment operating profit increasing ¥3.8 billion year on year. - FY2017AdvancedAnnual report
「Sales in the Basic Materials segment were ¥565.6 billion, down ¥65.2 billion from the previous consolidated fiscal year, accounting for 47% of total sales. Operating profit, however, rose ¥37.5 billion to ¥38.5 billion, reflecting the emergence of the benefits of the business structure improvements pursued by the company and solid domestic demand.」
Although sales declined, operating profit in Basic Materials improved significantly due to the benefits of business structure improvements and other factors. - FY2017-Q3AdvancedAnnual report
「Phenol market conditions remain at a low level compared with the same quarter of the previous year, but have been gradually improving, and the benefits of business structure improvements are also gradually emerging. High-purity terephthalic acid remains in a difficult environment amid weak market conditions in China, although the benefits of business structure improvements are emerging. Earnings in polyurethane materials are improving due to lower fixed costs and other factors resulting from the steady realization of the benefits of business structure improvements.」
The company continued to report the emergence of the benefits of business structure improvements and earnings improvement from lower fixed costs in phenol, high-purity terephthalic acid and polyurethane materials within Basic Materials. - FY2017-Q2AdvancedAnnual report
「Phenol market conditions remain at a low level compared with the same quarter of the previous year, but have been gradually improving, and the benefits of business structure improvements are also gradually emerging. High-purity terephthalic acid remains in a difficult environment amid weak market conditions in China, although the benefits of business structure improvements are emerging. Earnings in polyurethane materials are improving due to lower fixed costs and other factors resulting from the steady realization of the benefits of business structure improvements.」
The company reported the emergence of the benefits of business structure improvements and earnings improvement in several Basic Materials businesses. - FY2017-Q1AdvancedAnnual report
「Earnings are improving due to lower fixed costs and other factors resulting from the steady realization of the benefits of business structure improvements.」
In polyurethane materials within Basic Materials, the company reported lower fixed costs and progress in earnings improvement resulting from business structure improvements. - FY2016First statedAnnual report
「Earnings recovery through the reliable execution of restructuring in underperforming businesses」
In Basic Chemicals, the company explained that the operating loss improved by ¥4.2 billion year on year as a result of business restructuring.