Sustainable Growth of Existing Businesses
First written in FY2016. 5 of 12 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2024.
The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「株式会社コスメサイエンス was excluded from the scope of consolidation because 北海製罐株式会社 sold all of its shares.」
The selection and restructuring of domestic businesses progressed to the specific implementation of the transfer of all shares in the cosmetics manufacturing and sales business and its exclusion from consolidation. - FY2023AdvancedAnnual report
「As disclosed on 3 October last year, we discontinued the beverage steel can business at the end of March this year, having determined that securing profits had become difficult because of changes in the market environment and other factors, and that improving profitability would also be difficult over the medium term.」
The domestic business selection and restructuring policy reached the implementation stage with the discontinuation of the beverage steel can business at the end of March 2023. - FY2023-Q3AdvancedAnnual report
「In connection with the discontinuation of its beverage steel can business, 北海製罐株式会社 decided to close the Iwatsuki Plant, which manufactures beverage steel cans, and the Central Research Institute located at the plant, with the aim of improving asset efficiency, and to transfer the related fixed assets.」
The domestic business selection and restructuring policy progressed to the closure of the Iwatsuki Plant and Central Research Institute and the transfer of fixed assets in connection with the discontinuation of the beverage steel can business. A gain on the transfer of fixed assets of approximately ¥8.2 billion and business structure reform expenses of approximately ¥3.0 billion are expected to be recorded in the fourth quarter of the fiscal year ending March 2023. - FY2023-Q2AdvancedAnnual report
「A resolution was passed to discontinue the beverage steel can business of 北海製罐株式会社.」
The decision to discontinue a specific business based on the domestic business selection and restructuring policy was presented as a material subsequent event. - FY2023-Q2AdvancedAnnual report
「We had continued the beverage steel can manufacturing business for nearly 50 years since 1973. However, in light of changes in the market environment surrounding the business in recent years, soaring raw material prices and energy costs, and the rapid depreciation of the yen, we determined that it would be difficult to secure profits and that improving profitability would also be difficult over the medium term. We therefore decided to discontinue the business.」
The policy of selecting and restructuring domestic businesses progressed to a specific measure: the decision to discontinue 北海製罐’s beverage steel can business. The decision was made on 3 October 2022, and the timing of the discontinuation is under discussion with customers. - FY2021ReframedAnnual report
「2. Restructuring of domestic businesses We will place the highest priority on our earning power, meaning whether we can provide high value to customers, and will select which businesses to retain and which to discontinue.」
The focus has shifted from the previous emphasis on sustainable growth in existing businesses to a policy of selecting and restructuring domestic businesses based on customer value and profitability. - FY2019RestatedAnnual report
「The domestic existing businesses also performed steadily in fiscal 2018, led by the contract filling business.」
While reconfirming the policy and track record of operating on the basis of domestic existing businesses, particularly the contract filling business, it states that there is room for improvement in the container business. - FY2018ReframedAnnual report
「Our Group will make a fresh start toward new goals. Specifically, under the new structure led by the Representative Director, Chairman and President, and in accordance with the basic policies of the new medium-term management plan, “FUTURE-5,” we will pursue three basic strategies: (1) transforming our business structure, (2) expanding our overseas business, and (3) creating new businesses. We will concentrate management resources on businesses that will become core businesses and businesses to be developed for growth, thereby building a solid foundation for the future.」
The positioning has changed from the previous emphasis on sustainable growth in existing businesses to a fresh start centered on transforming the business structure and making concentrated investments in overseas, new and growth businesses. - FY2017RestatedAnnual report
「Against this backdrop, our Group will continue to firmly support its management base through its existing businesses.」
The annual plan reconfirms the policy of supporting the management base through existing businesses. - FY2017-Q3RestatedAnnual report
「While continuing discussions toward a management integration with Toyo Seikan Group Holdings,Ltd., we will also continue our efforts to achieve the sustainable growth of existing businesses.」
The policy of continuing to pursue sustainable growth in existing businesses in parallel with discussions on management integration has been reiterated. - FY2017-Q1RestatedAnnual report
「While continuing discussions toward a management integration with Toyo Seikan Group Holdings,Ltd., we will also continue our efforts to achieve the sustainable growth of existing businesses.」
The policy of continuing to pursue sustainable growth in existing businesses has been reiterated. - FY2016First statedAnnual report
「We will continue our efforts to achieve the “sustainable growth of existing businesses” set out in the previous five-year medium-term management plan, “ACTIVE-5.”」
This is described as a core growth target carried forward from the previous medium-term plan.