Adhesive Supply Response and Development of Applications for High-Performance Resins
First written in FY2016. 6 of 16 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2021.
No other company in this theme has enough history to compare yet.
- FY2021AchievedAnnual report
「As part of its policy of focusing on selected businesses, the company completed the transfer of its adhesives manufacturing business to ボスティック・ニッタ株式会社, an equity-method affiliate, in February 2021.」
Following the 2018 transfer of the adhesives business excluding manufacturing, the transfer of the manufacturing business was also completed in February 2021. - FY2021-Q2AdvancedAnnual report
「Following the decision to withdraw from the adhesives business, the carrying amount was reduced to the recoverable amount because profitability was no longer expected, and the reduction was recorded as an impairment loss.」
The company reported its decision to withdraw from the adhesives business and recorded an impairment loss of ¥44 million on assets for which profitability was no longer expected. - FY2021-Q1Revenue decline due to lower packaging applicationsAnnual report
「(Specialties) Lower sales of adhesives for packaging and other applications affected results, and total sales were ¥1,269 million, down 14.8% year on year.」
Sales of adhesives for packaging and other applications declined, resulting in a 14.8% year-on-year decrease in Specialties sales. - FY2020-Q2RestatedAnnual report
「Sales of adhesives were affected by lower sales for hygiene-material applications and changes in transfer prices accompanying the company split. Total sales were ¥2,966 million, down 15.9% year on year.」
In the adhesives business following the company split, the revenue decline due to lower sales for hygiene-material applications and changes in transfer prices has continued. - FY2020-Q1Revenue decline due to changes in transfer prices and other factors following the company splitAnnual report
「Sales of adhesives were affected by lower sales for hygiene-material applications and changes in transfer prices accompanying the company split. Total sales were ¥1,508 million, down 19.5% year on year.」
In the adhesives business, lower sales for hygiene-material applications and changes in transfer prices accompanying the company split contributed to the revenue decline. - FY2019-Q3Revenue decline due to lower demand for hygiene-material applicationsAnnual report
「Sales of adhesives declined due to lower sales for hygiene-material applications resulting from changes in customer demand. Total sales fell to ¥5,077 million, down 14.1% year on year.」
At the Specialties business following the company split, lower sales of adhesives for hygiene-material applications due to changes in customer demand were the main factor behind the overall revenue decline. - FY2019-Q1AdvancedAnnual report
「Based on a resolution of the board of directors meeting held on 17 May 2018, the company carried out a company split effective 1 August 2018, under which the company, specifically its adhesives business excluding manufacturing, was the splitting company and ボスティック・ニッタ株式会社 was the successor company.」
The company split transferring the adhesives business, excluding manufacturing, to ボスティック・ニッタ株式会社 was completed effective 1 August 2018. - FY2018ReframedAnnual report
「To advance the strategy for the core businesses set out in its vision and make focused investments in new businesses, the group decided in August 2018 to transfer the adhesives business, excluding manufacturing, to ボスティック・ニッタ株式会社.」
The company shifted from its previous structure of pursuing adhesive supply and high-performance resin application development mainly in-house to a policy of transferring sales, development and other functions to a joint venture and concentrating management resources on core and new businesses. - FY2018-Q3AdvancedAnnual report
「Sales of adhesives for hygiene-material applications remained firm, and sales were broadly in line with the previous year, while profit increased due to improved productivity.」
The company reported continued firm sales of adhesives for hygiene-material applications and higher profit resulting from improved productivity. - FY2018-Q2Strong hygiene-material applications; high-performance resins flatAnnual report
「Higher sales of adhesives for hygiene-material applications and lower production costs contributed to overall earnings growth. Although the company pursued active promotional activities for high-performance resins, sales were broadly in line with the previous year.」
Higher sales and lower production costs for adhesives used in hygiene-material applications contributed to earnings growth, while sales of high-performance resins remained broadly in line with the previous year despite promotional activities. - FY2018-Q1AdvancedAnnual report
「Higher sales of adhesives for hygiene-material applications contributed to overall earnings growth. Sales of high-performance resins also increased as applications expanded.」
The company reported that higher sales of adhesives for hygiene-material applications contributed to earnings growth, while sales of high-performance resins increased as applications expanded. - FY2017AdvancedAnnual report
「Sales of adhesives for bookbinding applications fell below the previous year, but higher demand for hygiene-material applications contributed to a revenue increase. Profit improved as a result of cost-reduction efforts. Sales of high-performance resins increased as applications expanded to automotive electronic components, healthcare and medical equipment, and other areas.」
The company reported specific progress, including higher revenue and improved profit from adhesives for hygiene-material applications, and expanded applications for high-performance resins in automotive electronic components and healthcare and medical equipment. - FY2017-Q3RestatedAnnual report
「Sales of adhesives for bookbinding applications remained on a declining trend, but sales of products for hygiene-material applications increased. Profit also improved as a result of cost reductions.」
The company continues to report higher sales of products for hygiene-material applications and profit improvement from cost reductions. No material change has been indicated in its policy on adhesive supply or cost reductions. - FY2017-Q2RestatedAnnual report
「Sales of products for hygiene-material applications increased. Profit also increased as a result of efforts to reduce costs.」
The company continues to report higher sales and profit for hygiene-material applications, along with cost-reduction efforts. There has been no material change in the measures taken since the previous quarterly report. - FY2017-Q1AdvancedAnnual report
「Sales of products for hygiene-material applications increased as customers resumed procurement from the company. Profit also increased as a result of efforts to reduce costs.」
Sales of adhesives for hygiene-material applications increased as customers resumed procurement, and profit also increased due to cost-reduction efforts. - FY2016First statedAnnual report
「Demand for adhesives used in hygiene materials is expected to increase, and the company will adjust production accordingly. It will also expand sales of its high-performance resin G-zain® by developing new applications and new products.」
The company will pursue production measures for hygiene-material applications while developing applications and new products for G-zain®.