Production Line Upgrade at Taiheiyo Cement Philippines
First written in FY2021. 2 of 10 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
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- FY2026WorsenedAnnual report
「Although sales volume in the Philippine cement business exceeded the previous fiscal year, the Company recorded an impairment loss on property, plant and equipment after reviewing its business plan in light of higher interest rates and stagnant demand following the impact of COVID-19.」
Sales volume in the Philippine business exceeded the previous fiscal year after the production line upgrade, while an impairment loss on property, plant and equipment was recorded following a review of the business plan in light of higher interest rates and stagnant demand. The impairment loss was ¥24.473 billion. - FY2026-H1Slight increase in Philippine sales volumeAnnual report
「Sales volume in the Philippine cement business increased slightly from the same period of the previous year.」
The Philippine business, where a decline in sales volume had been reported in the previous fiscal year, recorded a slight year-on-year increase in the current interim period. - FY2025Sales volume declined even after completion of the renewalAnnual report
「In the Philippine cement business, sales volume fell below the previous fiscal year due to an influx of low-priced imports and other factors.」
Sales volume in the Philippines remained below the previous fiscal year even after completion of the production line renewal project, due to an influx of low-priced imports and other factors. - FY2025-H1Sales volume remained at the same level as the same period of the previous year after the equipment repairsAnnual report
「Sales volume in the Philippine cement business was at the same level as the same period of the previous year.」
Sales volume in the Philippine business, where a recovery in production capacity following equipment repairs had been reported in the previous fiscal year, was at the same level as the same period of the previous year in the current interim period. - FY2024AdvancedAnnual report
「In the Philippine cement business, sales volume exceeded the previous fiscal year as production capacity recovered following equipment repairs.」
The Philippine business reported a full-year recovery in production capacity following equipment repairs, and sales volume exceeded the previous fiscal year. - FY2024-Q3RestatedAnnual report
「In the Philippine cement business, sales volume exceeded the same period of the previous year as production capacity recovered following equipment repairs.」
The recovery of production capacity following equipment repairs and the increase in sales volume in the Philippine business were reconfirmed. - FY2024-Q2RestatedAnnual report
「In the Philippine cement business, sales volume exceeded the same period of the previous year as production capacity recovered following equipment repairs.」
The recovery of production capacity following equipment repairs and the increase in sales volume in the Philippine business were reconfirmed. - FY2024-Q1AdvancedAnnual report
「In the Philippine cement business, sales volume exceeded the same period of the previous year as production capacity recovered following equipment repairs.」
At the Philippine subsidiary, production capacity recovered following equipment repairs, and sales volume exceeded the same period of the previous year. The recovery of production-related facilities associated with the production line upgrade plan was disclosed. - FY2022Impairment of assets scheduled for disposal in connection with the production line upgradeAnnual report
「The carrying amounts of assets scheduled for disposal in connection with the production line upgrade at タイヘイヨウセメントフィリピンズ㈱ and other projects were reduced to their recoverable amounts, and the resulting reduction of ¥2,407 million was recorded as an impairment loss under extraordinary losses.」
An impairment loss of ¥2.038 billion was recorded on assets scheduled for disposal in connection with the Philippine production line upgrade. Progress in the disposal of assets related to the upgrade plan was disclosed. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 8 June 2021, the Company resolved to carry out a production line upgrade at its consolidated subsidiary タイヘイヨウセメントフィリピンズ㈱ and to make an equity investment in TCPI to finance the project. “Total investment: approximately ¥30 billion” “Cement production capacity: approximately 3 million tonnes per year” “Scheduled start of operations: May 2024” “Payment amount: ¥27.5 billion”」
The planned production line upgrade at the Philippine subsidiary was disclosed, with total investment of approximately ¥30 billion, annual production capacity of approximately 3 million tonnes, operations scheduled to start in May 2024, and a planned equity investment of ¥27.5 billion.