Strengthening the Functional Chemicals Business Through the Acquisition of an Acrylic Resin Business for Hair Cosmetics
First written in FY2020-Q3. 8 of 15 entries say "Restated". Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AdvancedAnnual report
「In the Functional Chemicals business, sales remained flat in both the Cosmetic Ingredients Group and the Functional Materials Group. The subsidiary's sales of high-purity specialty solvents remained strong. As a result, revenue was ¥3,058 million, up 13.8% year on year, and segment profit was ¥617 million, up 73.3%.」
Although sales of cosmetic ingredients and functional materials were flat, strong sales of high-purity specialty solvents drove increases in sales and segment profit in the functional chemicals business. - FY2024-Q2RestatedAnnual report
「In the functional chemicals business, overseas sales performed steadily for the Cosmetics Ingredients Group.」
Overseas sales of cosmetic ingredients, including the acquired hair-care materials, continued to perform steadily. - FY2024-Q1RestatedAnnual report
「In the functional chemicals business, overseas sales performed steadily for the Cosmetics Ingredients Group.」
Overseas sales of cosmetic ingredients, including the acquired hair-care materials, continued to perform steadily. - FY2023AdvancedAnnual report
「In the functional chemicals business, we are actively proposing materials that can meet customer requirements by making effective use of the greatly expanded product lineup resulting from the acquisition of the hair-care materials business. By designing materials using our strength in being able to design specialty water-soluble polymers from monomers, we propose to the market materials with new properties not previously available and seek to expand their applications beyond cosmetic bases into other fields.」
It specified material proposals using the acquired hair-care materials product lineup and the expansion of specialty water-soluble polymers into other fields. - FY2023-Q3RestatedAnnual report
「Overseas sales performed steadily for the Cosmetics Ingredients Group.」
Overseas sales of cosmetic ingredients continued to perform steadily following the acquisition of the acrylic resin business for hair-care cosmetics. - FY2023-Q2RestatedAnnual report
「Overseas sales performed well for the Cosmetics Ingredients Group.」
Overseas sales of cosmetic ingredients continued to perform well following the acquisition of the acrylic resin business for hair-care cosmetics. - FY2023-Q1RestatedAnnual report
「Overseas sales performed well for the Cosmetics Ingredients Group.」
Overseas sales of cosmetic ingredients continued to perform well following the acquisition of the acrylic resin business for hair-care cosmetics. - FY2022-Q3RestatedAnnual report
「Overseas sales of the acrylic resins for hair-care cosmetics acquired from Mitsubishi Chemical Corporation last year performed well for the Cosmetics Ingredients Group.」
It continued to state that overseas sales of the acrylic resin business for hair-care cosmetics acquired in February 2021 performed well. - FY2022-Q2AdvancedAnnual report
「Overseas sales of the acrylic resins for hair-care cosmetics acquired from Mitsubishi Chemical Corporation last year performed well for the Cosmetics Ingredients Group.」
Overseas sales of the acrylic resin business for hair-care cosmetics acquired in February 2021 performed well, and the effects of the business acquisition continued to be confirmed. - FY2022-Q1AdvancedAnnual report
「Overseas sales of the acrylic resins for hair-care cosmetics acquired from Mitsubishi Chemical Corporation last year performed well for the Cosmetics Ingredients Group.」
Overseas sales of the acrylic resin business for hair-care cosmetics acquired in February 2021 performed well, and the effects of the business acquisition continued to be confirmed. - FY2021-Q3RestatedAnnual report
「The Cosmetics Ingredients Group recorded higher sales due to the gradual recovery in demand, which had declined because of the spread of COVID-19, and the acquisition from Mitsubishi Chemical Corporation, effective 1 February 2021, of the business manufacturing and selling acrylic resins for hair-care cosmetics.」
It reconfirmed that the acquisition effective 1 February 2021 of the acrylic resin business for hair-care cosmetics contributed to higher sales in the Cosmetics Ingredients Group. - FY2021-Q2AdvancedAnnual report
「The Cosmetics Ingredients Group recorded higher sales due to the gradual recovery in demand, which had declined because of the spread of COVID-19, and the acquisition from Mitsubishi Chemical Corporation, effective 1 February 2021, of the business manufacturing and selling acrylic resins for hair-care cosmetics.」
The acquisition effective 1 February 2021 was cited as a factor behind higher sales in the Cosmetics Ingredients Group of the functional chemicals business. The effects of the business acquisition are reflected in results. - FY2021-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 17 July 2020, we resolved to acquire the manufacturing and sales business for acrylic resins used in hair-care cosmetics from Mitsubishi Chemical Corporation, hereinafter the “Target Business,” and acquired the Target Business on 1 February 2021.」
It reconfirmed that the acquisition of the acrylic resin business for hair-care cosmetics had been completed. It also stated that ¥100 million in goodwill had been recognized and would be amortized on a straight-line basis over 5 years. - FY2020AchievedAnnual report
「At a meeting of the Board of Directors held on 17 July 2020, we resolved to acquire the manufacturing and sales business for acrylic resins used in hair-care cosmetics from Mitsubishi Chemical Corporation, hereinafter the “Target Business,” and acquired the Target Business on 1 February 2021.」
The acquisition from Mitsubishi Chemical Corporation of the acrylic resin business for hair-care cosmetics was completed on 1 February 2021. The acquisition cost and other details were not disclosed due to confidentiality obligations, and goodwill will be amortized on a straight-line basis over 5 years. - FY2020-Q3First statedAnnual report
「On 31 July 2020, we agreed with Mitsubishi Chemical Corporation to acquire its manufacturing and sales business for acrylic resins used in hair-care cosmetics, which constituted part of its business, and entered into an agreement. This will enable us to expand our product lineup and gain overseas sales channels, thereby strengthening our functional chemicals business. The acquisition is scheduled to take place on 1 February 2021.」
We entered into an agreement to acquire the manufacturing and sales business for acrylic resins used in hair-care cosmetics from Mitsubishi Chemical Corporation. The company stated that it would strengthen its functional chemicals business by expanding its product lineup and gaining overseas sales channels, with the acquisition scheduled for 1 February 2021.