Expansion of the golf shaft, CFRP and precision machining businesses through the restart of the Odaka Plant
First written in FY2023. 2 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AchievedAnnual report
「The Odaka Plant, which was damaged in the Great East Japan Earthquake, resumed operations.」
The company disclosed that the Odaka Plant, whose reopening had been planned, resumed operations in September 2024 and that its main equipment was no longer idle. - FY2025-H1AdvancedAnnual report
「Assets at the end of the interim consolidated accounting period were ¥45.762 billion, an increase of ¥1.686 billion from the end of the previous consolidated fiscal year. This reflected a ¥728 million increase in current assets, mainly due to higher inventories, and a ¥957 million increase in non-current assets, mainly due to an increase in construction in progress as preparations advanced for the reopening of the Odaka Plant.」
Preparations for the reopening of the Odaka Plant progressed, increasing construction in progress. Facility preparations for the reopening plan are under way. - FY2024AdvancedAnnual report
「Odaka Plant Plant buildings, production equipment, etc. 2,200 585 Internal funds January 2024 March 2025 / Sports equipment Plant buildings, production equipment, etc. 700 0 Internal funds January 2024 October 2024」
The company began the plan to resume operations at the Odaka Plant and disclosed total investment of ¥2.2 billion and payments to date of ¥585 million for industrial materials, together with total investment of ¥700 million for sports equipment. Completion of the sports equipment facilities was scheduled for October 2024 and that of the industrial materials facilities for March 2025. - FY2023First statedAnnual report
「At a meeting of the Board of Directors held on 26 May 2023, the company resolved to resume operations at its Odaka Plant in Minamisoma, Fukushima Prefecture, which had suspended operations following the Great East Japan Earthquake.」
The company disclosed a plan to resume operations at the idle Odaka Plant and use it to develop and manufacture golf shafts and CFRP industrial products, as well as machine and assemble structural components for LCD and semiconductor manufacturing equipment. Operations at the golf-related facilities were targeted to begin in October 2024, and those for LCD- and semiconductor-related facilities in March 2025, with planned investments of approximately ¥700 million and ¥2.2 billion, respectively.