Integration and consolidation of production and sales operations in Europe and China
First written in FY2017. 6 of 9 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.
27 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The increase in profit was mainly attributable to higher sales of high-margin oil-free compressors and a decline in selling, general and administrative expenses resulting from greater efficiency through the restructuring of the sales structure.」
Efficiency gains through the restructuring of the European sales structure reduced selling, general and administrative expenses, increasing profit in the European segment by 22.5%. - FY2025Restructuring of the European sales structureAnnual report
「To improve this situation, we began restructuring the sales structure at our European subsidiaries and across the region.」
In response to declining sales of oil-free compressors in Europe, the company began restructuring the sales structure at its European subsidiaries and across the region. - FY2020-Q1AdvancedAnnual report
「We have also continued to reorganize overseas subsidiaries to strengthen group management functions, liquidating 1 consolidated subsidiary in China and improving the efficiency of business activities.」
The organization and efficiency of the overseas business structure were further advanced through the liquidation of a Chinese subsidiary. - FY2019AdvancedAnnual report
「On 16 April and 16 May 2018, we acquired additional shares and equity interests in consolidated subsidiaries in Europe and made them wholly owned subsidiaries.」
The integration and consolidation of Europe's production and sales operations advanced through the conversion of 9 European consolidated subsidiaries into wholly owned subsidiaries and the merger of European subsidiaries in January 2019. - FY2019-Q2AdvancedAnnual report
「Beginning with the first quarter of the fiscal year, Anest Iwata Italia s.r.l., previously an equity-method affiliate, was included in the scope of consolidation following the acquisition of additional equity interests.」
An equity-method affiliate in Europe was brought into the consolidated group through the acquisition of additional equity interests, advancing the integration and consolidation of the European group structure. - FY2019-Q1AdvancedAnnual report
「Alongside these business activities, we have continued to reorganize overseas subsidiaries to strengthen group management functions. In Europe, we made 9 consolidated subsidiaries and 1 affiliate wholly owned subsidiaries.」
The European group management structure was reorganized and consolidated through the conversion of several subsidiaries and affiliates into wholly owned subsidiaries. - FY2018-Q3AdvancedAnnual report
「To further expand compressor sales in the European market, we relocated ANEST IWATA AIR TECH s.r.l., a consolidated subsidiary serving as a compressor manufacturing and sales base, from Italy to Germany. In connection with the relocation, its name was changed to ANEST IWATA Europe GmbH.」
The European compressor manufacturing and sales base was relocated from Italy to Germany and its name was changed, advancing the integration and consolidation of Europe's production and sales operations. - FY2018-Q1AchievedAnnual report
「During the fiscal year, we integrated our compressor manufacturing and sales sites into Hangzhou Anest Iwata Yuka Air Compressor Co., Ltd. and consolidated coating equipment manufacturing at Jiaxing Anest Iwata Industrial Machinery Co., Ltd. We will continue to pursue efficient management.」
The compressor sites in China were integrated and coating equipment manufacturing was consolidated, giving concrete form to the previously stated plan to consolidate the production system. - FY2017First statedAnnual report
「To strengthen group management functions, we integrated the production and sales operations of the coating equipment business at its European headquarters and consolidated the production systems for small and medium-sized compressors in China. To strengthen the businesses, we acquired a compressor business from a local company in Australia and acquired a German airbrush manufacturer to expand the airbrush business, among other initiatives.」
The integration of European production and sales operations and the consolidation of compressor production in China were presented together for the first time as specific measures to strengthen group management functions.