Improving Profitability by Restructuring the Product Portfolio
First written in FY2025. 6 of 7 entries say "Advanced", first in FY2026-H1. Latest entry: 2026-07-30.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the current consolidated fiscal year, the product portfolio was organized into four categories: core products, profitable products, growth products and low-profit products, and a direction was determined for the low-profit product group. From the current fiscal year, the Company began implementing measures that could be put into practice based on the direction decided.」
The product portfolio was organized into 4 categories, and the Company progressed to determining the direction for the low-profit product group and launching measures. The Company explicitly entered the execution phase for resource allocation aimed at improving domestic profitability and ROIC. - FY2026-H1AdvancedAnnual report
「The Company determined that transferring its interest in 栄研中国 would contribute to enhancing corporate value, as consolidating toll manufacturing using customer-supplied materials carried out by 栄研中国 at the Company's Nogi Plant would improve production efficiency, while switching from sales of the Company's products through 栄研中国 to direct sales by the Company was expected to improve management efficiency.」
As a specific measure to restructure the product portfolio, the Company transferred its interest in its Chinese subsidiary, consolidating its toll manufacturing using customer-supplied materials at the Nogi Plant and switching sales through China to direct sales. - FY2025First statedAnnual report
「In restructuring its product portfolio, the Company will make focused investments in its core, profitable and growth product groups, while pursuing the following measures, mainly for low-profit products, to improve profitability: ① reviewing prices to appropriate levels, ② rationalizing and consolidating the number of product formulations, and ③ reallocating management resources based on market conditions and demand trends.」
The new medium-term management plan set out, for the first time as a standalone initiative, measures to review product prices, the number of formulations and the allocation of management resources, and to restructure investment allocations among product groups.