Focus and concentration on the semiconductor and devices business
First written in FY2020-Q3. 9 of 10 entries say "Advanced", first in FY2020. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2024-Q2AdvancedAnnual report
「In parallel with formulating the next plan, the 2024 Medium-Term Management Plan, we have begun work on developing a growth strategy aimed at taking Sanken Core’s recovery to a higher level.」
The Company’s focus and concentration on its semiconductor device business developed into the start of work on a next-generation growth strategy to further advance the revival of Sanken Core. - FY2023AdvancedAnnual report
「By clearly distinguishing between the development and sale of Sanken Core products led by the Company and the development and sale of Allegro Core products led by Allegro, the Group achieved faster business execution and improved efficiency and profitability」
The Company’s concentration on its semiconductor device business progressed to clarification of the development and sales responsibilities for Sanken Core and Allegro Core, Polar’s fab-light strategy, and the establishment of a Niigata site. - FY2022-Q3AdvancedAnnual report
「Production of inventory built up in preparation for the closure of 2 domestic semiconductor device plants, which had been pursued as a structural reform initiative since the 18th Medium-Term Management Plan, was completed by the end of December last year, and production system optimisation was largely completed.」
The Company’s focus and concentration on its semiconductor device business progressed to the completion of inventory production ahead of the closure of 2 domestic plants and the broad completion of production system optimisation. - FY2022-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, the transfer of the Social Systems Business, which formed part of the Power Systems Business, was completed, and Sanken Densetsu Co., Ltd., which operated that business, was excluded from the scope of consolidation.」
The Company’s strategy of focusing and concentrating on its core semiconductor device business progressed to completion of the transfer of the social systems business and its removal from the scope of consolidation. - FY2021AdvancedAnnual report
「The transfer was completed on 1 May 2021.」
The Company’s strategy of focusing and concentrating on its core semiconductor device business progressed to completion of the absorption-type company split for the social systems business and the share transfer to GS Yuasa. - FY2021-Q3AdvancedAnnual report
「At a meeting of the Company’s Board of Directors held on 4 August 2020, the Company resolved to transfer the social systems business within its power systems business to its subsidiary サンケン電設株式会社 through an absorption-type company split, with 1 February 2021 (scheduled) as the effective date, and then transfer all issued shares of the company to 株式会社 ＧＳユアサ. The Company entered into a share transfer agreement on the same date.」
The effective date for the transfer of the social systems business and the share transfer was specified, and a provision for loss on business transfer of ¥1,797 million was also recorded, advancing the implementation of the focus-and-concentration strategy. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 August 2020, the Company resolved to transfer the social systems business within its power systems business to its subsidiary サンケン電設株式会社 through an absorption-type company split, and then transfer all issued shares of サンケン電設株式会社 to 株式会社ＧＳユアサ, and entered into a share transfer agreement.」
The Company’s strategy of focusing and concentrating on its core semiconductor device business progressed to a resolution and agreement to transfer the social systems business and all shares to GS Yuasa. - FY2021-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 August 2020, we resolved to transfer the Social Systems Business, which forms part of the Power Systems Business operated by the company, to our subsidiary Sanken Densetsu Co., Ltd. through an absorption-type company split, and then transfer all issued shares of Sanken Densetsu Co., Ltd. to GS Yuasa Corporation. We also entered into a share transfer agreement.」
Strategic options including the sale of the power systems business took concrete shape, culminating in the decision and agreement to transfer the entire shareholding to GS Yuasa after transferring the social systems business to サンケン電設. - FY2020AdvancedAnnual report
「The company announced its policy of pursuing focus and investment in businesses centered on the semiconductor devices business and decided to proceed with measures including optimizing the production structure through the consolidation and integration of factories involved in the semiconductor devices business, considering strategic options including the sale of the power systems business, withdrawing from the LED lighting business, and selling certain sites.」
The focus-and-investment policy developed into specific restructuring measures, including factory consolidation and integration, consideration of business sales, withdrawal from the LED lighting business, and site sales. - FY2020-Q3First statedAnnual report
「The company announced its policy of pursuing focus and investment in businesses centered on the semiconductor devices business,」
The policy of focusing and investing in the semiconductor devices business was explicitly set out for the first time as a new restructuring plan in November 2019.