Structural reform, including the closure of non-core businesses
First written in FY2021. 3 of 9 entries say "Restated". Latest entry: FY2026.
Nippon Hume moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
20 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「We position structural reform not merely as operational reform, but as an initiative to evolve our corporate culture itself.」
The Company has redefined structural reform, expanding it from efficiency improvements in individual operations to an initiative that also includes evolving the corporate culture to encourage employees to act independently and take on challenges. - FY2025AdvancedAnnual report
「As part of the business portfolio restructuring promoted under the medium-term management plan “23-27 Plan R,” land held by consolidated subsidiary P.T. Hume Concrete Indonesia was sold during the current consolidated fiscal year.」
As part of the structural reform of the Indonesian business, land was sold following the suspension of concrete pile manufacturing. - FY2025-H1RestatedAnnual report
「The Company will also celebrate its centenary next fiscal year, but will continue to implement structural reforms toward becoming a 200-year company and work to enhance corporate value in order to meet the expectations of shareholders and other stakeholders.」
Ahead of the Company's 100th anniversary, it has reconfirmed its policy of continuing and decisively implementing structural reform to become a company that lasts for the next 200 years. No specific new structural reform initiatives were disclosed. - FY2024AdvancedAnnual report
「Our consolidated subsidiary P.T. Hume Concrete Indonesia (hereinafter, “HCI”) decided to transfer its owned fixed assets as part of business portfolio restructuring in response to changes in the market structure, with the aim of improving the efficiency of management resources and strengthening the improvement of its financial position.」
Following the suspension of manufacturing at the Indonesian subsidiary, the Company decided to transfer 38,580 square meters of land at its head office factory in July 2024. A gain on the sale of fixed assets of approximately ¥700 million is expected in the following fiscal year. - FY2024-Q3AchievedAnnual report
「Business structure reform expenses ¥198.859 million These comprise inventory write-off losses and other related expenses associated with the discontinuation of concrete pile manufacturing by P.T. Hume Concrete Indonesia.」
The planned suspension of concrete pile manufacturing by the Indonesian subsidiary from the previous fiscal year was implemented, and ¥198.859 million in costs, including inventory disposal losses, was recorded as structural reform costs. - FY2024-Q2RestatedAnnual report
「During the current period, which is the first year of the medium-term management plan “23-27 Plan R,” we positioned the period as an important launch phase for business portfolio restructuring and strengthened various initiatives.」
The Company reconfirmed its policy of positioning the first year of the “23-27 Plan R” as an important launch phase for business portfolio restructuring and strengthening various initiatives. - FY2024-Q1AdvancedAnnual report
「Against this backdrop, based on the basic strategy of our group's medium-term management plan, the "23-27 Plan R," namely "strengthening the growth trajectory of core businesses and reinforcing strategic businesses," we decided to subscribe to a capital increase in order to reform our business structure in response to changes in the market structure, discontinue the manufacture of prestressed concrete spun piles, and concentrate management resources on ground improvement materials, where future earnings growth is expected.」
For its Indonesian subsidiary, the Company decided to stop manufacturing concrete piles as scheduled in December 2023 and pursue business portfolio restructuring by concentrating management resources on ground improvement materials. The capital increase amounts to IDR 15,022 million, while the loss impact on consolidated results is still being examined. - FY2023-Q2RestatedAnnual report
「We will steadily implement the initiatives of the medium-term management plan “21-23 Plan,” whose final year is the fiscal year ending March 2024, seeking to further stabilize our management base and achieve sustainable growth. We will also further advance business portfolio restructuring and promote research and development and capital investment in products and construction methods that will serve as growth drivers.」
Regarding business portfolio restructuring, including the rationalization of non-core businesses, the Company has set out plans for further progress toward the final year of the “21-23 Plan.” - FY2021First statedAnnual report
「These costs arose from the closure of Snowva Mizonokuchi R-246, an indoor artificial-snow snowboarding facility.」
The disclosure describes structural reform costs associated with the closure of an indoor artificial-snow snowboarding facility, making the rationalization of a non-core business a specific initiative for the first time in this thread.