Construction of a new Nagasaki plant
First written in FY2018. 1 of 5 entries say "Softened", first in FY2019. Latest entry: FY2022-Q3.
No other company in this theme has enough history to compare yet.
- FY2022-Q3Repurchase of the Nagasaki new plant site and change in use of fundsAnnual report
「In the “Notice of Change in Use of Funds” dated 30 March 2021, the Company announced that construction of the new Nagasaki plant would be cancelled in order to respond to the accelerating changes in the social and economic environment caused by the recent spread of COVID-19. Subsequently, following discussions with Nagasaki Prefecture, the seller, the new Nagasaki plant site was repurchased by Nagasaki Prefecture.」
The site acquired for the new Nagasaki plant was repurchased by Nagasaki Prefecture after construction was cancelled. - FY2021DroppedAnnual report
「At a meeting of the Board of Directors held on 19 April 2021, the Company resolved to sell the plant site acquired from Nagasaki Prefecture in March 2018, and reduced its carrying amount to its recoverable amount, recognizing an impairment loss of ¥23.928 million.」
For the new Nagasaki plant plan, the Company resolved to sell the acquired plant site and recognized an impairment loss of ¥23.928 million on the land. The original plan to construct the new plant was effectively discontinued and withdrawn. - FY2020RestatedAnnual report
「The timing of resumption will be decided based on future market conditions.」
The completion date for the new Nagasaki plant remains undetermined, and the timing of resumption will be decided based on market conditions. - FY2019SoftenedAnnual report
「The Company has decided to postpone construction of the new plant in Nagasaki, Nagasaki Prefecture, for which preparations had been under way, due to factors including the recent rapid increase in construction-related costs.」
Completion was postponed from the original scheduled date, and the completion date in the capital investment plan was designated as “undetermined.” The timing of resumption will be decided based on future market conditions. - FY2018First statedAnnual report
「Filing company Nagasaki Plant (Nagasaki, Nagasaki Prefecture) Contracted business Land Plant construction Production equipment ¥2,239.000 million ¥239.288 million Internal funds and borrowings March 2018 April 2020」
The Company commenced a plan to invest a total of ¥2,239 million in land, plant construction and production equipment in Nagasaki, Nagasaki Prefecture, with completion scheduled for April 2020.