Strengthening Production and Sales Operations in China
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2026-H1.
0 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「At a meeting of its Board of Directors held on 13 May 2025, the company resolved to transfer all of its equity interest in its consolidated subsidiary 栄研生物科技(中国)有限公司, hereinafter referred to as 栄研中国. It entered into an equity transfer agreement dated 31 July 2025 and, pursuant to the agreement, excluded 栄研中国 from its consolidated subsidiaries effective 30 September 2025.」
All equity interests in 栄研中国 were transferred, and the company was excluded from the scope of consolidation. At the same time, the newly established 栄研医薬(上海)有限公司 was included in the scope of consolidation. - FY2025ReframedAnnual report
「The company determined that transferring its equity interest in 栄研生物科技(中国)有限公司 would enhance corporate value, because production efficiency could be improved by consolidating contract processing by 栄研生物科技(中国)有限公司 at the company’s Nogi Plant, while management efficiency could be improved by switching products previously sold through 栄研生物科技(中国)有限公司 to direct sales by the company.」
The framework shifted from a policy of strengthening the production and sales structure centered on the Chinese subsidiary to a policy of transferring the equity interest, accompanied by the consolidation of contract processing at the Nogi Plant and a switch to direct sales. - FY2022RestatedAnnual report
「栄研生物科技(中国)有限公司 has been working to expand domestic sales in China, with support from the company’s China Business Office, as it assumes a central role in the company’s China business.」
The Chinese subsidiary has been positioned as the central entity for the China business, with domestic sales expansion continuing under the support of the China Business Office. - FY2018RestatedAnnual report
「The consolidated subsidiary 栄研生物科技(中国)有限公司 primarily processes and manufactures the company’s diagnostic reagents and procures, manufactures and sells diagnostic reagents.」
The Chinese subsidiary continues to process and manufacture, and procure, manufacture and sell, the company’s products. - FY2016First statedAnnual report
「Strengthening Production and Sales Operations in China」
This is presented as a specific regional initiative forming part of the company’s globalization.