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Oiles (6282) · InitiativeRestated

Integration of the Bearing Equipment Division and a Shift Toward Greater Focus on Overseas Operations

First written in FY2017-Q1. 6 of 11 entries say "Restated". Latest entry: FY2026.

11entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2017AdvancedFY2018RestatedFY2024-Q22016: 220162017: 220172018: 120182019: 020192020: 020202021: 020212022: 120222023: 320232024: 020242025: 120252026: 12026
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  1. FY2026RestatedAnnual report

    「We are working to expand orders, particularly in growth markets such as China and India, and are conducting sales activities globally to increase new orders, especially from non-Japanese customers.」

    The Bearing Equipment Division continues to pursue an overseas business policy focused on growth markets and non-Japanese customers.
  2. FY2025RaisedAnnual report

    「To address these developments and expand local production capacity, we decided to construct a second plant.」

    As part of its focus on overseas operations in the Bearing Equipment business, the company has added a plan to construct a second plant in India and expand local production capacity.
  3. FY2024-Q2RestatedAnnual report

    「From the first quarter of the consolidated accounting period, the reportable segment was changed from the former "Bearing Equipment" to the two categories of "General Bearing Equipment" and "Automotive Bearing Equipment" in line with the organizational restructuring that established the Bearing Equipment Division as two divisions, the General Bearings Division and Automotive Bearings Division.」

    The organizational restructuring dividing the Bearing Equipment Division into the General Bearings Division and Automotive Bearings Division, and the related change in reportable segments, continue to be disclosed.
  4. FY2024-Q1AdvancedAnnual report

    「From the first quarter of the current consolidated fiscal year, in connection with the reorganisation establishing separate General Bearing Business and Automotive Bearing Business divisions, the reportable segments have been changed from the former “Bearing Equipment” segment to two segments, “General Bearing Equipment” and “Automotive Bearing Equipment.”」

    The separation into the General Bearings Division and Automotive Bearings Division accompanying the organizational restructuring dated 1 April 2023 was implemented as a split of the reportable segment into two segments.
  5. FY2023ReframedAnnual report

    「Effective 1 April 2023, we reorganised the business and separated the bearing business division into the General Bearing Business Division and the Automotive Bearing Business Division. In addition to enabling faster decision-making and clarifying business responsibility, we aim to further expand both businesses.」

    The organisation was reorganised from the former integrated bearing equipment structure focused on overseas operations into separate general bearing and automotive bearing businesses, with a new production business division also established to clarify business responsibility and decision-making.
  6. FY2022RestatedAnnual report

    「Going forward, we will improve production efficiency and strengthen cost competitiveness by building an optimal global production structure and using the latest technologies, including IoT.」

    The Group continues its policy of strengthening global expansion and cost competitiveness in the bearing equipment business through an optimal production structure, including overseas operations, and the use of the latest technologies.
  7. FY2018AdvancedAnnual report

    「Going forward, we will strengthen the sales and engineering capabilities of our overseas subsidiaries and improve production technology to further expand sales to local overseas manufacturers. As part of our global strategy, we established Oiles Brasil Eireli in the Federative Republic of Brazil in January 2018 to actively develop the bearing products market in Brazil, a growing market, and expand sales.」

    In addition to strengthening the sales, engineering and production technology capabilities of its overseas subsidiaries, the company established a Brazilian subsidiary in January 2018.
  8. FY2017RestatedAnnual report

    「The initiatives undertaken in recent years to secure growth overseas in the bearing equipment business have begun to bear fruit, and the company will seek to expand sales by further accelerating its global business development.」

    The Group continues its policy of accelerating global expansion in the bearing equipment business, building on its previous initiatives aimed at overseas growth.
  9. FY2017-Q3RestatedAnnual report

    「The bearing equipment division changed its sales and engineering functions to an organisational structure focused on overseas operations and will accelerate true globalisation by expanding transactions with local customers.」

    The bearing equipment division continues its organisational policy of prioritising overseas operations in its sales and engineering functions.
  10. FY2017-Q2RestatedAnnual report

    「The bearing equipment division changed its sales and engineering functions to an organisational structure focused on overseas operations and will accelerate true globalisation by expanding transactions with local customers.」

    The bearing equipment division continues its organisational policy of prioritising overseas operations in its sales and engineering functions.
  11. FY2017-Q1First statedAnnual report

    「To improve business efficiency and accelerate business development, effective 1 April 2016 the bearing equipment division integrated the two former business divisions, General Industry (Bearing 1) and Automotive (Bearing 2), and changed its organisational structure to place greater emphasis on overseas operations.」

    The integration of the business divisions effective 1 April 2016 is described as an organisational change aimed at improving efficiency and speed and prioritising overseas operations.
Moved together

"Maintenance of Existing Bridges and Expansion into Infrastructure and Production Equipment Businesses" moved the same way as this thread, in the same document, in 4 of its 11 moves.

433222★123456
  1. ★This thread
  2. 1Maintenance of Existing Bridges and Expansion into Infrastructure and Production Equipment Businesses4×
  3. 2Share repurchases aimed at enhancing shareholder value and improving capital efficiency3×
  4. 3Enhancing Corporate Value in Environmental, Social and Economic Terms through CSR Activities3×
  5. 4Declining profitability in the Structural Equipment Business and impairment loss2×
  6. 5Establishing the Oiles Brand Globally and Taking on the Challenge of Becoming a Global Excellent Company2×
  7. 6Strengthening the Global Production System through Manufacturing Process Innovation and NPS Activities2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Integration of the Bearing Equipment Division and a Shift Toward Greater Focus on Overseas Operations | OILES CORPORATION (6282) | Komori