Synergies and Production Base Optimization through Business Integration
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2018.
0 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「Given that the benefits expected after the business integration are unlikely to be realised to the extent initially anticipated, and that the earnings of both companies are being further squeezed by higher raw material prices, energy costs and other factors, as well as the changed business environment since the basic agreement was concluded, we believe that both companies should pursue business structural reforms independently before proceeding with the business integration.」
Synergy measures involving procurement, production and coordination among overseas sites, which were premised on the business integration, were withdrawn as an ongoing plan following termination of the integration agreement and discontinuation of discussions, with the focus shifting to business structural reforms within each company. - FY2017RestatedAnnual report
「The companies plan to maximise economies of scale through the standardisation of product specifications and greater efficiency in procurement and logistics across the two groups, thereby reducing procurement costs. In addition to optimising the domestic production base through the reciprocal use of domestic production sites and improved productivity through the reallocation of production items, they will promote initiatives to expand overseas operations and create new growth businesses by coordinating overseas sites and developing new overseas sites.」
The companies are reiterating synergy measures involving procurement, production and coordination among overseas sites, but no milestones for completed integration are reported. - FY2017-Q1RestatedAnnual report
「The companies plan to maximise economies of scale through the standardisation of product specifications and greater efficiency in procurement and logistics across the two groups, thereby reducing procurement costs. In addition to optimising the domestic production base through the reciprocal use of domestic production sites and improved productivity through the reallocation of production items, they will promote initiatives to expand overseas operations and create new growth businesses by coordinating overseas sites and developing new overseas sites.」
The companies are reiterating synergy measures involving procurement, production and coordination among overseas sites, but no new completed milestones are reported. - FY2016First statedAnnual report
「The companies plan to maximise economies of scale through the standardisation of product specifications and greater efficiency in procurement and logistics across the two groups, thereby reducing procurement costs. They also plan to optimise the domestic production base through the reciprocal use of domestic production sites and improved productivity through the reallocation of production items.」
The specific integration measures cited are product specifications, procurement and logistics, domestic sites, and the reallocation of production items.