Maruwa (5344) · InitiativeAchieved
Inventory and Equipment Rationalization Through More Rigorous Valuation of Business Division Assets
First written in FY2021-Q2. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Profitability Improvement through Asset Reduction and Investment ReviewA theme 6 companies write about · 0 as a headwind · 6 as a tailwind
0 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「During the quarter, the three-year restructuring plan was also completed, and the loss-making assets associated with the shift to higher-margin products were eliminated, while」
The company states that the negative assets associated with the shift to high-margin products have been eliminated, marking the completion of one stage of the measures taken to rationalise business assets. - FY2021-Q2First statedAnnual report
「At the same time, we have taken a strict approach to valuing business-unit assets. We transferred the high-purity silicon carbide (SiC) semiconductor components business, acquired two years ago, upon completion of the Toki Plant this year. At that time, we disposed of inventory inherited at the time of the acquisition following a rigorous assessment of the inventories.」
The company has made its strict approach to valuing business-unit assets and disposing of inherited inventory in connection with the business transfer explicit for the first time as a standalone theme concerning asset and business selection.