Expansion of manufacturing facilities to improve productivity

「The group focused on expanding its facilities to increase production capacity and made capital investments of ¥543 million during the fiscal year. The main investments were ¥83 million for the high-temperature conversion of a 7.3 m3 shuttle kiln at the Mizunami Plant for the refractories ceramics business, and ¥57 million to replace the green-body automated warehouse crane and electrical equipment at the Yokkaichi Plant.」

「Net cash used in investing activities was ¥164 million, down 11.2% year on year. Major cash outflows included ¥233,730 thousand for the acquisition of property, plant and equipment and ¥124,662 thousand for the acquisition of investment securities.」

「The group focused on expanding its facilities to increase production capacity and made capital investments of ¥377 million during the fiscal year. The main investments were ¥42 million for the high-temperature conversion of a 2 m³ high-temperature shuttle kiln at the Mizunami Plant for the refractories business, and ¥38 million to replace the drying furnace at the Yamaoka Plant.」

「Net cash used in investing activities was ¥184 million, up 34.6% year on year. Cash inflows included ¥9 million from the withdrawal of time deposits and ¥3 million from the sale of investment securities. Major cash outflows included ¥182 million for the acquisition of property, plant and equipment and ¥9 million for deposits into time deposits.」

「The group focused on expanding its facilities to increase production capacity and made capital investments of ¥232 million during the fiscal year. The main investments were ¥37 million for an 800-ton hydraulic press and related equipment at the Mizunami Plant, and ¥11 million for the high-temperature conversion of a 1 m³ high-temperature shuttle kiln.」

「Net cash used in investing activities was ¥137 million, down 53.9% year on year. The main source of cash was ¥23 million from the sale of investment securities. The main use of cash was ¥166 million for the acquisition of property, plant and equipment.」

「The Group focused on expanding facilities to grow its real estate leasing business and improve productivity, and made capital investments of ¥592 million during the consolidated fiscal year. Major items included ¥190 million for rental housing construction in the Company's real estate leasing business and ¥97 million for an automated sorting line at the Company's Yokkaichi Plant.」

「Net cash used in investing activities was ¥297 million, down 15.5% year on year. The main source of cash was ¥9 million from the redemption of time deposits. The main uses of cash were ¥193 million for the acquisition of property, plant and equipment and ¥101 million for the acquisition of investment securities.」

「The Group focused on expanding facilities to increase production capacity and grow its real estate leasing business, and made capital investments of ¥872 million during the consolidated fiscal year. Major items included ¥554 million for constructing a building for the Company's Tokyo Sales Office and rental housing in its real estate leasing business, and ¥42 million for a raw-material batching facility at the Company's Kamezaki Plant.」

「Fixed assets totaled ¥7,495 million, an increase of ¥593 million from the end of the previous consolidated fiscal year, primarily due to an increase in net buildings and structures.」

「Net cash used in investing activities was ¥352 million, down 27.7% year on year. The main source of cash was ¥32 million from the sale of property, plant and equipment. The main uses of cash were ¥332 million for the acquisition of property, plant and equipment and ¥41 million for the acquisition of securities.」

「The Group focused on expanding facilities to increase production capacity and grow its real estate leasing business, and made capital investments of ¥887 million during the consolidated fiscal year. Major items included ¥277 million for the construction of a new 2,500-ton hydraulic press and ancillary equipment at the Company's Yokkaichi Plant and ¥113 million for rental housing construction in the Company's real estate leasing business.」

「Fixed assets totaled ¥6,941 million, an increase of ¥234 million from the end of the previous consolidated fiscal year, primarily due to increases in net buildings and structures and net machinery and equipment and vehicles included in other property, plant and equipment.」

「Net cash used in investing activities was ¥487 million, up 50.2% year on year. The main component of cash used was ¥491 million for the acquisition of property, plant and equipment.」

「The main components of cash used were ¥322 million for the acquisition of property, plant and equipment and ¥89 million for time deposits.」

「The Group focused on expanding facilities to grow its real estate leasing business, address rapid technological innovation, and improve productivity, and made capital investments of ¥697 million during the consolidated fiscal year. Major items included ¥402 million for constructing rental housing for the Company's real estate leasing business and ¥18 million for a surface-shape forming machine at the Company's Technical Research Institute.」

「The Group focused on expanding facilities that contribute to higher productivity and made capital investments of ¥360 million during the consolidated fiscal year. Major items included ¥27 million for renovations to the tunnel kiln at the Company's Yokkaichi Plant in the refractory business and ¥26 million for seismic reinforcement work on the chimney at the Company's Yokkaichi Plant.」

「In terms of profit, improvements in production efficiency resulting from organizational restructuring and efforts to reduce expenses enabled the Group to significantly outperform the same quarter of the previous year. In the refractory business, net sales for the nine-month period ended Q3 were ¥2,761 million, down 2.7% year on year, and segment profit was ¥222 million, compared with a segment loss of ¥41 million in the same quarter of the previous year.」

「As a result of productivity improvements, lower fuel prices, and efforts to reduce expenses, the Group achieved a substantial improvement, particularly in profit, from the same quarter of the previous year. In the refractory business, net sales for the three-month period ended Q1 were ¥1,053 million, up 7.8% year on year, and segment profit was ¥114 million, compared with a segment loss of ¥38 million in the same quarter of the previous year.」

「The Group focused on expanding facilities that contribute to higher productivity and made capital investments of ¥254 million during the consolidated fiscal year. Major items included ¥50 million for the construction of a new tunnel kiln at the Company's Mizunami Plant in the refractory business and ¥20 million for the replacement of a vacuum firing furnace at the Company's NC Plant.」