Completion of Structural Reforms in the Domestic Industrial Wire Business
First written in FY2016. 7 of 11 entries say "Advanced", first in FY2020. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AdvancedAnnual report
「The conductor business was transferred through a company split to Fujikura Dia Cable Ltd., consolidating the copper wire manufacturing and sales business within that company.」
The structural reform of the Energy Business was implemented on 1 April 2024 through the split and transfer of the conductor business and the consolidation of the copper wire manufacturing and sales business in a subsidiary. - FY2023AdvancedAnnual report
「Going forward, we will further reorganize the remaining businesses to achieve faster and more efficient operations.」
The structural reform of the Energy Business continued after the incorporation of the power transmission and metal cable businesses, advancing to the stage of pursuing faster and more efficient operations through the reorganization of the remaining businesses. - FY2023-Q3RestatedAnnual report
「A simplified absorption-type company split in which the Company is the splitting company and Fujikura Energy Systems Co., Ltd. is the succeeding company」
The splitting company, succeeding company and legal form have been confirmed for the incorporation of the power transmission and metal cable businesses, a specific measure under the structural reform of the Energy Business. - FY2023-Q2AdvancedAnnual report
「On 1 October 2022, we carried out a simplified absorption-type company split with 株式会社フジクラエナジーシステムズ as the successor company. Through this company split, the power transmission and metal cable businesses held by us were transferred to 株式会社フジクラエナジーシステムズ.」
The structural reform of the Energy Business progressed through the incorporation and transfer of the power transmission and metal cable businesses. - FY2023-Q1AdvancedAnnual report
「As one of these initiatives, we decided to transfer the power transmission and metal cable businesses currently operated by the Company to Fujikura Energy Systems Co., Ltd., a wholly owned subsidiary, referred to below as the “company established in preparation for the split,” to create a single business entity capable of more agile and efficient operations.」
The structural reform of the Energy Business was given a specific form and objective: transferring the power transmission and metal cable businesses to a newly established wholly owned subsidiary. The effective date of the absorption-type company split was scheduled for 1 October 2022. - FY2022AdvancedAnnual report
「In fiscal 2022, we will steadily proceed with the incorporation of the Energy Business announced in February 2022 and work to stabilize the business.」
The structural reform of the Energy Business progressed to the stage of implementing the incorporation of the business, following the withdrawal from overseas production bases and overseas EPC operations. - FY2022-Q3AdvancedAnnual report
「For many years, we have reviewed the future structure of our Energy Business and implemented various measures under the name “Energy Business Structural Reform.”」
The structural reform of the Energy Business progressed to a specific reorganization policy involving the separation of the power transmission and metal cable businesses to create a leaner, more efficient business entity. - FY2020AdvancedAnnual report
「Specifically, we are taking measures including integrating the distribution cable business into a group company and closing the power cable production base in Malaysia.」
Specific measures for cost-structure reform in the domestic power transmission and distribution and industrial wire businesses were presented, namely integrating the distribution cable business into a group company and closing the Malaysian production base. - FY2018RestatedAnnual report
「We are pursuing reforms that address the cost structure of the domestic power transmission and distribution and industrial wire businesses to establish an operating structure capable of securing the earnings necessary to continue the businesses.」
The ongoing wording referring to cost-structure reform has remained in place, changed from the expression used in prior fiscal years referring to completion of structural reform. - FY2017SoftenedAnnual report
「We are pursuing reforms that address the cost structure of the domestic power transmission and distribution and industrial wire businesses to establish an operating structure capable of securing the earnings necessary to continue the businesses.」
The wording has changed from the completion-oriented expression in the previous filing, “we will complete the structural reform of the industrial wire business,” to an ongoing expression referring to continued cost-structure reform. - FY2016First statedAnnual report
「In the Energy Business segment, we will complete the structural reform of the industrial wire business for the domestic market.」
Completion of structural reform has been explicitly identified as an issue for the domestic industrial wire business.