Expansion of Contract-Manufacturing Capacity and BCP Diversification Through the Acquisition of the Kanuma Plant
First written in FY2022-Q2. 3 of 7 entries say "Restated". Latest entry: FY2024.
15 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「We are consolidating production sites at the Kanuma facility acquired in April 2022. Following the transfer of manufacturing equipment from Thailand, which was an overseas production site in the previous consolidated fiscal year, the current consolidated fiscal year saw the transfer of manufacturing equipment from the Kyoto factory, relocation of the IH powder-coating laboratory, and establishment of a new SiC wafer processing and evaluation equipment line under the NEDO Green Innovation Fund. We are advancing the restructuring of the production system in preparation for future business expansion.」
Centred on the Kanuma facility, the company is advancing the transfer of equipment from Thailand and Kyoto, the relocation of the IH powder-coating laboratory, and the establishment of a new SiC wafer processing and evaluation line, thereby giving concrete form to the consolidation of manufacturing sites and restructuring of the production system. - FY2023AdvancedAnnual report
「Although the semiconductor market remained robust during the first half of the current consolidated fiscal year, the effects of monetary tightening aimed at curbing global inflation led, from around the second half, to inventory adjustments for semiconductors and high-tech products, employment adjustments and restrained investment, particularly among the US GAFAM companies, and a rapid slowdown in investment targeting data centres, the company's main customer market, as well as weaker demand for hard-disk-related and optical-fibre-related products, PCs and semiconductor-related products used in electronic devices. Meanwhile, the restructuring of the production system centred on the Kanuma facility, which was acquired and began operations during the current consolidated fiscal year, has made some progress and produced results, and the company is expanding production capacity, including by acquiring new contract-manufacturing demand, while improving production efficiency.」
Following the acquisition and start of operations of the Kanuma facility, the company has made some progress and achieved results in restructuring its production system and is pursuing new contract-manufacturing demand, expanded production capacity and greater efficiency. - FY2023-Q3RestatedAnnual report
「The following significant new facilities were established during the cumulative third quarter of the current consolidated fiscal year: Land, buildings and equipment Satsuki-cho, Kanuma, Tochigi Prefecture Plant ¥2,548 million」
Following completion of the acquisition of the Kanuma plant, the land, buildings and equipment were recorded as major equipment, confirming completion of the acquisition for the expansion of contract-manufacturing capacity and diversification of the production system. - FY2023-Q1RestatedAnnual report
「Land, buildings and equipment Satsuki-cho, Kanuma, Tochigi Prefecture Plant ¥2,548 million」
Following completion of the acquisition of the Kanuma plant, the land, buildings and equipment were recorded as major equipment in the first quarter of the current fiscal year, confirming that the acquisition had been completed. - FY2022AchievedAnnual report
「At a meeting of its Board of Directors held on 12 November 2021, the company resolved to acquire fixed assets (a plant), signed the agreement on 28 February 2022 and completed delivery on 1 April 2022.」
The contract for the acquisition of the Kanuma plant has been signed and delivery has been completed, moving the plan to expand contract-manufacturing capacity and diversify the BCP production system into the execution phase. - FY2022-Q3RestatedAnnual report
「To accommodate further growth in orders for its contract business, the company had been working to increase the production capacity of its domestic Yamanashi plant, but its main manufacturing equipment for the contract business has continued to operate at maximum capacity. The acquisition of fixed assets (a plant) in Kanuma, Tochigi Prefecture, will substantially increase the company's overall production capacity and available expansion space, enabling it to expand production capacity for its contract business and secure space for future growth. In addition, maintaining multiple other contract-business sites will help diversify production-system risks from a BCP (business continuity planning) perspective.」
The company continues to pursue the acquisition of the Kanuma plant for the purposes of expanding contract-business production capacity, securing space for growth and diversifying its production system from a BCP perspective. The sale and purchase agreement is scheduled for 28 February 2022, with delivery scheduled for 1 April 2022. - FY2022-Q2First statedAnnual report
「The acquisition of fixed assets (a plant) in Kanuma, Tochigi Prefecture, will substantially increase the company's overall production capacity and available expansion space, enabling it to expand production capacity for its contract business and secure space for future growth. In addition, maintaining multiple other contract-business sites will help diversify production-system risks from a BCP (business continuity planning) perspective.」
The company resolved on 12 November 2021 to acquire a plant in Kanuma, Tochigi Prefecture, with a site area of approximately 60,000 m² and total floor area of approximately 46,000 m². The total acquisition price is approximately ¥2.8 billion, with the sale and purchase agreement scheduled for 28 February 2022 and delivery of the property scheduled for 1 April 2022.