Focusing Management Resources on Core Technology Fields through Business Selection and Concentration
First written in FY2016. 5 of 12 entries say "Achieved", first in FY2017-Q1. Latest entry: FY2026.
Teac moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
22 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In business operations, we will optimize our business portfolio and improve profitability by expanding the BtoB business, while strengthening and stabilizing our earnings base by enhancing brand value through high-value-added BtoC businesses.」
Reframed the policy from past "business selection and concentration," centered on business transfers and subsidiary rationalization, to continuing to optimize the business portfolio under the new medium-term management plan. - FY2019-Q3AchievedAnnual report
「All procedures for the liquidation of TEAC ELECTRONICS (M) Sdn. Bhd., our specified subsidiary, were completed as of 24 January 2019.」
Reported completion on 24 January 2019 of the liquidation procedures for the Malaysian subsidiary, which closed its business due to declining demand for floppy disk drives. An additional example of completing the rationalization of a subsidiary accompanying business selection and concentration was added. - FY2019-Q2Cited as achievedAnnual report
「In the solutions business, we transferred the care-recording system business because it had limited synergies with the other businesses of our group.」
Again reported the transfer of the care-recording system business as an example of rationalizing a business with limited synergies with other businesses. - FY2019-Q1Cited as achievedAnnual report
「In the solutions business, we transferred the care-recording system business because it had limited synergies with the other businesses of our group.」
Again reported completion of the transfer of the care-recording system business as an example of rationalizing a business with limited synergies with other businesses. - FY2018AchievedAnnual report
「TEAC Onkyo Solutions Corporation, a joint venture between our company and Onkyo Corporation, resolved to transfer its care-recording system business to FreeBit Co.,Ltd. and completed the business transfer on 1 June 2018.」
For the care-recording system business, classified as non-core, resolved to transfer the business and completed the transfer on 1 June 2018. Another concrete business rationalization measure under business selection and concentration was added. - FY2018-Q3AchievedAnnual report
「During the third quarter of the current consolidated accounting period, TEAC MEXICO, S.A. de C.V., our consolidated subsidiary, was removed from the scope of consolidation following completion of its liquidation.」
Reported the completion of the liquidation of the Mexican sales subsidiary, whose dissolution and liquidation had been decided as part of business selection and concentration. - FY2018-Q2RestatedAnnual report
「With regard to the information equipment business, in which business selection and concentration have been completed, we will ensure the introduction of the in-flight entertainment equipment, with which we have re-entered the market, at airlines in Japan and overseas」
Maintained the premise that business selection and concentration had been completed in the information equipment business and indicated that the introduction of in-flight entertainment equipment would continue. - FY2017RestatedAnnual report
「With regard to the information equipment business, in which business selection and concentration have been completed, we will ensure the introduction of the in-flight entertainment equipment, with which we have re-entered the market, at airlines in Japan and overseas」
Reconfirmed the explanation that, following completion of business selection and concentration in the information equipment business, management resources would be concentrated on the remaining businesses. The completion of the liquidation of TAIWAN TEAC CORPORATION was also reported. - FY2017-Q3AdvancedAnnual report
「TEAC MEXICO, S.A. de C.V. had primarily sold call recording equipment in Mexico, but as sales growth in that market was no longer expected, we decided to dissolve the company from the standpoint of business selection and concentration.」
As a new concrete measure for business selection and concentration, decided to dissolve the Mexican sales subsidiary and scheduled the liquidation procedures to begin in February 2017. - FY2017-Q2AchievedAnnual report
「After transferring the storage device business of our consolidated subsidiary TAIWAN TEAC CORPORATION to ALMEDIO INC., we proceeded with its dissolution and liquidation. During the cumulative second quarter of the current consolidated fiscal year, we recorded ¥80 million in realized foreign exchange translation gains upon completion of these dissolution and liquidation procedures.」
The dissolution and liquidation procedures for TAIWAN TEAC CORPORATION were completed following the transfer of its storage device business. - FY2017-Q1AchievedAnnual report
「With regard to the information equipment business, in which business selection and concentration have been completed」
Stated explicitly that business selection and concentration had been completed in the information equipment business. - FY2016AdvancedAnnual report
「We transferred the business of TAIWAN TEAC CORPORATION, a subsidiary in the storage device business, to ALMEDIO INC., further advanced business selection and concentration, and pursued growth by concentrating management resources on business categories based on our core technologies.」
Transferred the storage device business and advanced the concentration of resources on business categories based on core technologies.