Optimization of the manufacturing, sales and supply structure through the use of subsidiaries
First written in FY2017. 6 of 11 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-05-15.
No other company in this theme has enough history to compare yet.
- 2026-05-15AdvancedEarnings presentation
「・Group reorganization and functional reallocation」
Group reorganization and functional reallocation are listed as measures to improve asset efficiency. - FY2025Cited as achievedAnnual report
「Based on a resolution of the Board of Directors dated 20 May 2024, we absorbed our wholly owned subsidiary, 富田鉄工株式会社, in an absorption-type merger effective 1 July 2024.」
The completed absorption-type merger with 富田鉄工, which was disclosed as a plan in the previous fiscal year, is presented as a business combination completed during the period. - FY2025-H1AchievedAnnual report
「At a meeting of the Board of Directors held on 20 May 2024, we resolved to conduct an absorption-type merger, effective 1 July 2024, in which our company would be the surviving company and our wholly owned subsidiary, 富田鉄工株式会社 (hereinafter, "富田鉄工"), would be the absorbed company. We also entered into the merger agreement on the same date.」
The absorption-type merger with 富田鉄工, disclosed as a plan in the previous fiscal year, was completed on 1 July 2024, establishing a structure that accelerates decision-making and enables effective use of personnel and equipment at production sites by consolidating 富田鉄工's management resources into our company. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 20 May 2024, we resolved to conduct an absorption-type merger, effective 1 July 2024 as scheduled, in which our company would be the surviving company and our wholly owned subsidiary, 富田鉄工株式会社, would be the absorbed company. We also entered into the merger agreement on the same date.」
The group has moved to a specific plan to optimize its manufacturing, sales and supply structure by absorbing 富田鉄工 and consolidating management resources, accelerating decision-making, and making effective use of personnel and equipment at production sites. - FY2023-Q3AdvancedAnnual report
「富田鉄工株式会社, formerly an equity-method affiliate that was not subject to equity-method accounting, acquired the shares of the company held by the founding family as treasury shares on 3 October 2022 and became our wholly owned subsidiary. Accordingly, it has been included in the scope of consolidation from the consolidated accounting period for the third quarter of the current fiscal year.」
富田鉄工, formerly an equity-method affiliate that was not subject to equity-method accounting, became a wholly owned subsidiary on 3 October 2022 and was added to the scope of consolidation. The additional acquisition changed from the pre-acquisition 25.91% to 74.09%, resulting in a voting rights ratio of 100.00% after the acquisition. - FY2022-Q3AdvancedAnnual report
「With the company joining our group, the overhead-line hardware business is expected to achieve greater efficiency across sales, development, materials procurement, production and delivery, as it has similar products and a similar customer base. In addition, the wireless equipment business will gain a new technology platform and sales network through its addition to our group.」
The company has set out plans to improve efficiency in sales, development, procurement, production and delivery for the overhead-line hardware business and expand the technology platform and sales network for the wireless equipment business through cooperation with the newly added company. - FY2021AdvancedAnnual report
「During the consolidated fiscal year, 海陽岩淵金属製品有限公司 increased its stated capital, which changed from ¥350 million to ¥400 million.」
During the year, the Chinese manufacturing subsidiary increased its stated capital, which changed from ¥350 million to ¥400 million. This is described as a specific capital-strengthening measure for the group's manufacturing and supply structure. - FY2020RestatedAnnual report
「We will strengthen the Group’s product supply system. We will improve the production facilities, diversify the product lineup and enhance quality at 海陽イワブチ, while improving its cost competitiveness as a strategic subsidiary. We will position 北栄鉄工㈱ as a manufacturing and sales base not only in Hokkaido but throughout northern Japan, 協和興業㈱ as a manufacturing and sales base not only in the Kansai region but throughout western Japan, and IWM㈱, a sales company, as a sales base for a diverse range of products in the Chubu region, thereby optimizing product manufacturing and supply across the Group.」
The group continues to optimize its supply structure, with Kaiyo, Hokuei Tekko, Kyowa Kogyo and IWM serving as regional manufacturing, sales and sales-support locations. - FY2019RaisedAnnual report
「We will strengthen the Group’s product supply system. We will improve the production facilities, diversify the product lineup and enhance quality at 海陽イワブチ, while improving its cost competitiveness as a strategic subsidiary. We will position 北栄鉄工㈱ as a manufacturing and sales base not only in Hokkaido but throughout northern Japan, 協和興業㈱ as a manufacturing and sales base not only in the Kansai region but throughout western Japan, and IWM㈱, a sales company, as a sales base for a diverse range of products in the Chubu region, thereby optimizing product manufacturing and supply across the Group.」
In addition to its existing bases in China, northern Japan and the Chubu region, the Company has positioned 協和興業 as a manufacturing and sales base for western Japan, expanding the geographic scope of the Group’s supply system. - FY2018-Q1AdvancedAnnual report
「In light of the recent operating environment and the limitations of pursuing its business independently, the company requested our support, and we decided to provide the maximum possible assistance. As part of this effort, making it a subsidiary through the current subscription for shares will establish a system in which both companies operate as one to provide a broad range of products with high customer satisfaction, including quality, and will support business expansion.」
Concrete progress was made in optimizing the manufacturing, sales and supply system through subsidiaries, with 協和興業 becoming a subsidiary and the two companies establishing an integrated system to provide a broad range of products. - FY2017First statedAnnual report
「We will strengthen our product supply system by leveraging subsidiaries. We will improve the production facilities, diversify the product lineup and enhance quality at 海陽イワブチ, while improving its cost competitiveness as a strategic subsidiary. We will also position 北栄鉄工㈱ as a manufacturing and sales base not only in Hokkaido but throughout northern Japan, and IWM㈱, a sales company, as a sales base in the Chubu region, thereby optimizing product manufacturing and supply across the Group.」
The Company plans to optimize the Group’s supply system by improving equipment, diversifying products and enhancing quality at its Chinese subsidiary, positioning 北栄鉄工 as a northern Japan base, and positioning IWM as a Chubu-region sales base.