Stable growth through the optimal balance of 3 core businesses
First written in FY2021. 4 of 7 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2027-H1.
13 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「During the interim consolidated accounting period, all of the Group's businesses recorded higher sales and higher profits. Ultimately, the Group's net sales were ¥33,974 million, up 16.8% year on year, operating income was ¥3,265 million, up 137.8%, ordinary income was ¥3,446 million, up 158.8%, and interim profit attributable to owners of the parent was ¥2,629 million, up 11.6%.」
Revenue and profit increased across all businesses, including the 3 core businesses. Group-wide revenue increased 16.8% year on year, while operating profit increased 137.8%. The improvement in performance across the entire business portfolio is reflected in the figures. - FY2025AdvancedAnnual report
「Sales in this business segment were ¥2,512 million, owing to consolidated subsidiary 北川グレステック㈱ recording sales from a large hard disk manufacturing equipment project and steady sales of semiconductor-related consumables and contract processing. Segment profit (operating profit) was ¥586 million.」
The semiconductor-related business, entered as part of the business portfolio transformation, generated revenue of ¥2,512 million and operating profit of ¥586 million through large-scale projects, consumables sales, and contract processing, advancing monetization for the full fiscal year. - FY2025-H1AdvancedAnnual report
「Sales in this business segment were ¥946 million, owing to consolidated subsidiary 北川グレステック㈱ recording sales from a large HDD manufacturing equipment project and steady sales of semiconductor-related consumables and contract processing. Segment profit (operating profit) was ¥174 million, compared with a segment loss (operating loss) of ¥4 million in the same period of the previous year, due to the recording of sales from the large project.」
In the semiconductor-related business, large-scale HDD manufacturing equipment projects, consumables sales, and contract processing contributed to revenue of ¥946 million and segment profit of ¥174 million. The monetization of the new business portfolio is now reflected in the figures. - FY2024-Q2RestatedAnnual report
「The Group also acquired all shares of ケメット・ジャパン株式会社 and システム精工株式会社 to enter the semiconductor-related business, a growth area.」
The Company continues to pursue entry into the semiconductor-related business based on the optimal balance among its 3 core businesses and the direction of its business portfolio transformation. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 July 2023, we resolved to acquire all shares of ケメット・ジャパン株式会社 and システム精工株式会社 and make them subsidiaries. Based on this resolution, we entered into a share transfer agreement on 14 July 2023 and acquired the shares on 31 July 2023. The voting rights ratio acquired was 100%. Through the acquisition of the two companies, we aim to enter the rapidly growing semiconductor business and further expand the business of the Group as a whole by investing the Group's management resources, including funds, personnel, and machine design and manufacturing technologies.」
As part of the transformation of the business portfolio through M&A and external partnerships, the Company completed the acquisition of all shares of ケメット・ジャパン and システム精工, giving concrete form to its entry into the semiconductor business. - FY2023RaisedAnnual report
「From the perspective of selecting and concentrating management resources, we will pursue fundamental changes to our business structure, expand markets for existing businesses and develop new markets through external partnerships and M&A, and create new business models that contribute to sustainable corporate growth.」
The goal of achieving the optimal balance among the 3 core businesses has been expanded into a fundamental business portfolio transformation encompassing selection and concentration, external partnerships, M&A, new market development and the creation of new business models. - FY2021First statedAnnual report
「Going forward, we aim to achieve stable growth in our three core businesses while maintaining an optimal balance by making appropriate investments in Kitagawa Sun Tech Company, the industrial machinery business, and Kitagawa Global Hand Company, the machine-tools business, as well.」
The Company explicitly stated for the first time its goal of optimizing the business balance through appropriate investment in 3 core businesses, after reviewing capital investment that had been concentrated in the metal castings and forgings business.