Closure of the YACL plant and suspension of production due to the Linear Chuo Shinkansen project
First written in FY2017-Q1. 4 of 9 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2019.
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- FY2019AchievedAnnual report
「Work to demolish the buildings and other structures and clear the site was under way, and this work was completed during the fiscal year.」
Following the cessation of production at Yamanashi Avionics in connection with the Chuo Shinkansen maglev project, demolition of the buildings and other structures and clearing of the site were completed. - FY2019-Q3AdvancedAnnual report
「Production of printed circuit boards was halted in March 2018, and the business was wound down following completion of customer sales acceptance during the current fiscal year. The company is demolishing buildings and clearing the site in preparation for transferring part of the premises to JR Central.」
Following the cessation of production at Yamanashi Avionics and completion of customer acceptance of sales, demolition of the buildings and clearing of the site in connection with the Chuo Shinkansen maglev project are under way. - FY2019-Q2AdvancedAnnual report
「Production of printed circuit boards ceased at the end of March this year, and the business has now been discontinued following completion of customer acceptance of sales during the fiscal year. Yamanashi Avionics is also proceeding with demolition of the buildings and clearing the site in preparation for transferring part of the site to JR Central.」
Following the cessation of production, customer acceptance of sales was completed, and Yamanashi Avionics is proceeding with demolition of the buildings and clearing the site. The closure of the plant and preparations for transferring the land in connection with the Chuo Shinkansen project have advanced further. - FY2019-Q1AdvancedAnnual report
「Yamanashi Avionics Co., Ltd., which ceased production at the end of the previous fiscal year, is removing equipment, fixtures and other items in preparation for removing the buildings and other structures and transferring part of the site to JR Central.」
Following the cessation of production at Yamanashi Avionics, the removal of equipment, fixtures and other items is under way in preparation for removing the buildings and other structures and transferring the site. - FY2018MaterialisedAnnual report
「As the transfer of customers and the transfer of technology, know-how and other items required for the business transfer progressed as scheduled, Yamanashi Avionics Co., Ltd. ceased production at the end of March this year.」
The cessation of production at Yamanashi Avionics in connection with the Chuo Shinkansen maglev project was carried out as scheduled, and preparations advanced for closing the plant and demolishing the buildings. - FY2017RestatedAnnual report
「In order to cooperate with the Chuo Shinkansen maglev project of Central Japan Railway Company (hereinafter, “JR Central”), the Company will transfer to JR Central part of the site of its consolidated subsidiary Yamanashi Avionics Co., Ltd., which shares responsibility for manufacturing printed circuit boards, and receive compensation from JR Central for removing buildings and other structures from the site.」
The response to the Chuo Shinkansen project, involving the transfer of Yamanashi Avionics' site and removal of its buildings, continued to be reported. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 7 July 2016, the Company resolved, in order to cooperate with the Chuo Shinkansen maglev project being promoted by Central Japan Railway Company (hereinafter, “JR Central”), to transfer to JR Central part of the site of its consolidated subsidiary Yamanashi Avionics Co., Ltd., which shares responsibility for manufacturing printed circuit boards, and to receive compensation from JR Central for removing buildings and other structures from the site.」
The plan to transfer Yamanashi Avionics' site and remove buildings and other structures in connection with the Chuo Shinkansen maglev project continues to be reported. No new progress has been reported. - FY2017-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 7 July 2016, the Company resolved, in order to cooperate with the Chuo Shinkansen maglev project being promoted by Central Japan Railway Company, to transfer to Central Japan Railway Company part of the site of its consolidated subsidiary Yamanashi Avionics Co., Ltd., which shares responsibility for manufacturing printed circuit boards, and to receive compensation from Central Japan Railway Company for removing buildings and other structures from the site. It also resolved to transfer the printed circuit board business to the Oki Electric Industry Company,Limited group. The Company entered into the respective agreements.」
Regarding the transfer of Yamanashi Avionics' land and the removal of buildings and other structures in connection with the Chuo Shinkansen maglev project, an agreement was concluded with Central Japan Railway Company. The plans for cessation of production, demolition of the buildings and transfer of the land have advanced to the contract stage. - FY2017-Q1First statedAnnual report
「The route of the Chuo Shinkansen maglev line will pass through the YACL site, and some buildings will obstruct the route. As a result, production at the current plant will become impossible. YACL, which will be eligible for compensation for the transfer of the land, plans to cease production by the end of March 2018, then demolish the buildings, remove movable property from the site and transfer the land to Central Japan Railway Company.」
Due to Central Japan Railway Company's Chuo Shinkansen maglev project, production at YACL's current plant will become impossible. Production is scheduled to cease by the end of March 2018, followed by demolition of the buildings and transfer of the land.