Business Portfolio Restructuring and Growth in Downstream Areas
First written in FY2023. 6 of 8 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.
12 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, the withdrawal from the resources business was completed and the reorganization of the zinc smelting business was also implemented. In addition, the numerical targets for the first year were achieved.」
The business portfolio restructuring was confirmed to have progressed into the execution stage, with the withdrawal from the resources business, reorganization of zinc smelting, and achievement of the first-year numerical targets, alongside the reallocation of resources to core and growth businesses. - 2026-06-05Cited as achievedGeneral Meetings of Shareholders
「The Revitalization Plan aims to withdraw from the unprofitable Resources business and reorganize the zinc smelting business, appropriately allocate management resources to foundation and growth businesses comprising lead and silver smelting, environmental and recycling, metal recycling, and electronic components and functional materials, and grow into a new Toho Zinc by promoting a corporate culture and mindset that embraces change.」
Following the restructuring of the business portfolio, the company reaffirmed the classification of lead and silver smelting, environmental and recycling, metal recycling, and electronic components and functional materials as its foundation and growth businesses. - FY2025AdvancedAnnual report
「In the lead and silver smelting business, we will work to further expand lead production and strengthen the production and sale of precious metals such as gold and silver, which are by-products, and rare metals such as bismuth.」
The measures for the business portfolio restructuring became more concrete, including strengthening lead and silver smelting, environmental recycling, and electronic components and functional materials as core and growth businesses, in addition to exiting the resources business and reorganizing zinc smelting. - FY2025-H1AdvancedAnnual report
「Upon completion of this transaction, the Company and CBH will transfer all rights and obligations relating to the Rasp Mine to BHM, thereby being released from future additional costs associated with restoration obligations if they were to close the mine themselves.」
The business portfolio restructuring progressed with the transfer of the Endeavor Mine and Rasp Mine, making the Company's early withdrawal from the resources business and reduction of future burdens more concrete. - FY2024AdvancedAnnual report
「The Company is shifting management resources on a priority basis to its core businesses, comprising its lead business, which has the largest domestic market share and is focused on expanding production by increasing the proportion of recycled feedstock and strengthening the recovery of by-products such as silver, and its zinc recycling business, which has one of the largest domestic market shares and is focused on improving the production efficiency of zinc oxide using electric arc furnace dust, as well as to its growth businesses, comprising its functional materials business, which has the world's largest market share in electrolytic iron, and its electronic components business, where market expansion and new project wins are expected.」
The business portfolio restructuring progressed to a specific configuration under which management resources are allocated on a priority basis to lead and growth businesses, with lead and zinc recycling as the core businesses and electrolytic iron and electronic components as the growth businesses. - FY2024-Q3AdvancedAnnual report
「In addition, the decision to close the Rasp Mine by the end of 2024 resulted in the recognition of an impairment loss of ¥21.1 billion on the mine, along with approximately ¥4.0 billion in losses related to the sale of Chinese affiliates.」
The business portfolio restructuring progressed to the execution stage for the Rasp Mine's closure at the end of 2024, while the sale of Chinese affiliates was taken through the execution of the agreement and recognition of the associated loss. - FY2024-Q2AdvancedAnnual report
「In addition, the decision to close the Rasp Mine by the end of 2024 resulted in the recognition of an impairment loss of ¥19.6 billion on the mine, along with approximately ¥4.0 billion in losses related to the sale of Chinese affiliates.」
The business portfolio restructuring moved into specific execution and decision-making, including the decision to close the Rasp Mine at the end of 2024 and the sale of Chinese affiliates. This resulted in the recognition of an impairment loss of ¥19.6 billion and related losses of approximately ¥4.0 billion. - FY2023First statedAnnual report
「The company is already restructuring its business portfolio under the theme set out in its 10-Year Vision: being a company that continues to pursue growth and prominence in niche fields, based on the technologies and development capabilities cultivated through its metals business. It is taking steps to earn market recognition and overcome its currently low PBR.」
Company-wide restructuring measures were presented that integrate the strengthening of upstream foundations, reform of zinc smelting and restructuring of the mining portfolio with expansion in downstream recycling, electronic components and functional materials.