Restructuring Unprofitable Businesses and Selective Focus
First written in FY2018. 5 of 8 entries say "Restated". Latest entry: 2026-10-29.
17 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「However, there will be no change to our management or action policies. We will steadily advance business portfolio transformation and promote the expansion of high-performance materials.」
The Group states that it will maintain its management and action policies while continuing business portfolio transformation and expanding high-performance materials. - FY2024ReframedAnnual report
「Business Portfolio Transformation」
The previous expression, "restructuring unprofitable businesses and pursuing selection and concentration," has been reorganized as business portfolio transformation, including investment in products for growth markets and a shift to new business domains. - FY2022RestatedAnnual report
「To address the long-term decline in demand for specialty steel for internal combustion engines, we will implement measures from the current medium-term plan to consolidate production among our core plants, invest in productivity improvements and improve yields, as well as other measures that contribute to lowering the break-even point, thereby improving production efficiency and reducing costs.」
The policy of business restructuring, selection and concentration has been reaffirmed in terms of production consolidation, improvements in productivity and yields, and lowering the break-even point. - FY2019RestatedAnnual report
「As a special initiative contributing to the realization of the Basic Policy described in ①, we are pursuing portfolio reform, shifting from structural materials to functional materials, strengthening the business foundation by improving the break-even point and management structure, and rebuilding the business.」
Portfolio reform, strengthening the business platform and business restructuring continue to be implemented. - FY2019-Q1RestatedAnnual report
「As a special initiative contributing to the realization of the Basic Policy described in ①, we are pursuing portfolio reform, shifting from structural materials to functional materials, strengthening the business foundation by improving the break-even point and management structure, and rebuilding the business.」
Business restructuring is presented again as a special initiative alongside portfolio reform and strengthening the business platform. - FY2018First statedAnnual report
「We will assess unprofitable businesses and proceed either with restructuring them into profitable businesses or with determining whether to continue operating them. By pursuing selection and concentration, we will improve management efficiency and enhance capital efficiency over the medium to long term.」
The assessment of unprofitable businesses, restructuring into profitable businesses, decisions on whether to continue operations, and selection and concentration are presented as new action policies.