Expansion of Diamond Wire Production Capacity
First written in FY2016. 6 of 13 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2020-Q3.
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- FY2020-Q3ReframedAnnual report
「Following the decision to transfer the Izumi Plant, the resolution to close Izumi Plant No. 2 was withdrawn, and the plant will continue to be used.」
Following the decision to transfer the Izumi Plant, the policy on closing and downsizing production sites was revised so that Izumi Plant No. 2 would remain in use rather than be closed. - FY2020-Q2ReframedAnnual report
「At a meeting of the Board of Directors held on 13 September 2019, we resolved to withdraw from the diamond wire production business, which had been included in the Electronic Materials Slicing-Related Business.」
The policy shifted from expanding production capacity and consolidating production sites to structural reform involving withdrawal from the diamond wire production business itself. - FY2020-Q1RestatedAnnual report
「As a result of efforts to downsize the diamond wire production system in the Electronic Materials Slicing-Related Business, total assets declined, mainly because of a decrease in trade receivables.」
The production system continued to be downsized, including the closure of the Okinawa Plant and Izumi Plant No. 2, and a resulting decline in total assets was also disclosed. - FY2019SoftenedAnnual report
「In the Electronic Materials Slicing-Related Business, in response to the recent decline in diamond wire prices, at a meeting of the Board of Directors held on 15 May 2019 we resolved to close the Okinawa Plant and Izumi Plant No. 2, formerly diamond wire production facilities, in order to reduce fixed costs and contain cash outflows by downsizing the production system.」
The policy shifted from expanding production capacity at two sites to downsizing the production system and closing the Okinawa Plant and Izumi Plant No. 2. - FY2019-Q3AdvancedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, our group temporarily suspended operations at the Okinawa Plant, one of the diamond wire manufacturing sites, in order to consolidate management resources. As a result, the number of employees in the Electronic Materials Slicing-Related Business decreased by 71.」
The temporary suspension of the Okinawa Plant and consolidation at the Izumi Plant progressed to the implementation stage, reducing the number of employees in the Electronic Materials Slicing-Related Business by 71. - FY2019-Q2SoftenedAnnual report
「We had been producing diamond wire at two sites, the Izumi Plant and the Okinawa Plant. After comprehensively reviewing the current business environment, at a meeting of the Board of Directors held on 26 October 2018 we resolved to temporarily suspend operations at the Okinawa Plant and consolidate our management resources at the Izumi Plant, our core plant.」
The policy shifted from expanding production capacity at two sites to temporarily suspending the Okinawa Plant and consolidating production resources at the Izumi Plant. - FY2018-Q3AdvancedAnnual report
「The following plans for major new facility installations and other projects were newly finalized during the cumulative third quarter of the current consolidated fiscal year: Izumi Plant D-Next and Okinawa Plant, diamond wire manufacturing equipment and related equipment, etc., ¥777,805 thousand, November 2017 to March 2018, capacity increase of approximately 25%; Izumi Plant D-Next, diamond wire manufacturing equipment and related equipment, etc., ¥779,197 thousand, January 2018 to June 2018, capacity increase of approximately 20%.」
New facility plans funded through capital increases, bank borrowings and leases were finalized. Planned investments totaled ¥777,805 thousand and ¥779,197 thousand, with production capacity expected to increase by approximately 25% and 20%, respectively, from the current level. - FY2018-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 20 October 2017, we resolved to make capital investments in the Electronic Materials Slicing-Related Business. Location: Izumi, Osaka (Izumi Plant); Description: installation of new diamond wire manufacturing equipment; investment amount: approximately ¥780 million; implementation period: March to June 2018 (planned). Production capacity was expected to increase by approximately 20% from the current level.」
A resolution was passed for additional capital investment of approximately ¥780 million to install new diamond wire manufacturing equipment at the Izumi Plant from March to June 2018, with production capacity expected to increase by approximately 20% from the current level. - FY2018-Q1AdvancedAnnual report
「Modification of diamond wire manufacturing equipment, etc. 278,000; bank borrowings; leases; August 2017 to October 2017; capacity increase of approximately 30%; Okinawa Plant; diamond wire manufacturing equipment and related equipment, etc. 642,000; bank borrowings; leases; September 2017 to November 2017」
Equipment modifications at the D-Next facilities at the Izumi Plant, expected to increase capacity by approximately 30%, were scheduled for August to October 2017. Capital investment of ¥642 million at the Okinawa Plant was scheduled for September to November 2017. - FY2017-Q3AchievedAnnual report
「The following major additions to facilities and other projects that were planned at the end of the previous consolidated fiscal year were completed during the cumulative third quarter of the current consolidated fiscal year.」
The planned D-Next facilities at the Izumi Plant and the diamond wire manufacturing and related equipment at the Okinawa Plant were both completed in December 2016. - FY2017-Q2AdvancedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the number of employees in our group increased by 62, from 243 to 305. The main reason was an increase of 55 employees in the Electronic Materials Slicing-Related Business due to the expansion of production lines.」
The increase in personnel associated with the expansion of production lines expanded further from the 29-person increase in the first quarter. Property, plant and equipment increased by ¥1,333 million, and acquisition expenditures totaled ¥1,270 million. - FY2017-Q1AdvancedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the number of employees in our group increased by 29, from 243 to 272. The main reason was an increase of 26 employees in the Electronic Materials Slicing-Related Business due to the expansion of production lines.」
The increase in personnel associated with the expansion of production lines indicated progress in measures to increase production capacity. - FY2016First statedAnnual report
「We opened the new Izumi Plant No. 2 in Izumi, Osaka, in January 2016 and began bringing its production lines online in stages. We also opened a new plant in Uruma, Okinawa, with production scheduled to begin in December 2016.」
Capital investment in the Electronic Materials Slicing-Related Business totaled ¥1,476 million. Capacity increases of approximately 25% at the expanded Izumi Plant and approximately 30% at the Okinawa Plant were planned.