Restructuring unprofitable businesses and locations
First written in FY2021. 7 of 8 entries say "Advanced", first in FY2022. Latest entry: FY2026.
64 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company has also pursued selective concentration through a review of its business portfolio, including making 富山フィルタートウ株式会社 a wholly owned subsidiary and transferring its packaging materials and lens businesses.」
Regarding the rebuilding of the business portfolio, the Company made 富山フィルタートウ a wholly owned subsidiary and transferred its packaging materials and lens businesses. - FY2025AdvancedAnnual report
「The Company is also undertaking business restructuring through selective concentration, including the establishment of a joint venture through the transfer of the resin compounding business, the transfer of the high-foaming plastics business, and the strengthening of the acetate tow business base through the transfer of a business and the acquisition of an interest in a joint venture.」
Regarding the restructuring of unprofitable and non-core businesses and the rebuilding of the business portfolio, the Company transferred the resin compounding business and other businesses, established a joint venture, and strengthened the acetate tow business base. - FY2024-Q1AdvancedAnnual report
「The Other segment reported lower revenue, mainly due to the withdrawal from defense-related businesses.」
Regarding the restructuring of unprofitable businesses and locations, the withdrawal from defense-related businesses progressed and emerged as a factor behind lower revenue in the Other segment. - FY2023-Q1AdvancedAnnual report
「The company recognized costs and losses arising in connection with the dissolution of Daicel Safety Systems Korea, Inc. as business restructuring losses.」
Regarding the restructuring of unprofitable businesses and locations, the Company advanced to the stage of reorganizing the business associated with the dissolution of Daicel Safety Systems Korea, Inc. - FY2022AdvancedAnnual report
「As part of the restructuring of its business portfolio, the Company is proceeding with its withdrawal from the defense business and the biaxially oriented polystyrene sheet business, while exploring new applications for cellulose acetate, a core product, by leveraging its biomass and biodegradability characteristics to address the Plastic Resource Circulation Act.」
Regarding the restructuring of unprofitable businesses and locations, the Company entered the stage of proceeding with its withdrawal from the defense business and the biaxially oriented polystyrene sheet business. - FY2021First statedAnnual report
「Withdrawal from unprofitable businesses, consolidation and closure of unprofitable locations, and work-style reform」
As measures to address the economic downturn, the Company explicitly stated that it would withdraw from unprofitable businesses and consolidate or close unprofitable locations.