Hokkan Limited (5902) · InitiativeAchieved
Three reporting segments following the increased emphasis on overseas business
First written in FY2023. 1 of 2 entries say "Achieved", first in FY2024-Q1. Latest entry: FY2024-Q1.
2entries
1years
0from disclosures
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Same theme, other companies
Integration of the machinery manufacturing business into Other operations amid greater emphasis on overseas operationsA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2024-Q1AchievedAnnual report
「Beginning with the first quarter of the current consolidated fiscal year, the former reportable segment "Machinery Manufacturing Business" has been excluded from the reportable segments and included in "Other."」
The transition to 3 reportable segments introduced in the previous filing was applied in practice from 1 April 2023. The Machinery Manufacturing Business was excluded from the reportable segments and disclosed within Other. - FY2023First statedAnnual report
「We determined that it would be optimal to have three reportable segments: "Container Business," "Filling Business" and "Overseas Business," and decided to exclude the relatively small "Machinery Manufacturing Business" from the reportable segments.」
To align with a management structure that prioritizes the Overseas Business as a source of earnings alongside the Filling Business, a policy was introduced to transfer the Machinery Manufacturing Business to Other from the fiscal year ended March 2024 and change the reportable segments from 4 to 3.