Withdrawal from the lighting equipment business
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2020-Q1. Latest entry: FY2021-Q1.
No other company in this theme has enough history to compare yet.
- FY2021-Q1AchievedAnnual report
「Revenue from lighting equipment products decreased by ¥17 million as a result of the withdrawal from the business.」
The company disclosed that the withdrawal from the lighting equipment business resolved in the previous fiscal year had been implemented. Revenue from lighting equipment products decreased by ¥17 million as a result of the withdrawal. - FY2020-Q1AdvancedAnnual report
「As a result of efforts to reduce fixed costs, including personnel expenses, segment profit (ordinary profit) in the in-house products segment was ¥0 million (compared with a segment loss (ordinary loss) of ¥21 million in the same period of the previous year).」
Following the resolution to withdraw from the lighting equipment business, fixed costs were reduced through workforce reductions, and the in-house products segment improved from a ¥21 million loss in the same period of the previous year to ¥0 million. The company has not disclosed that the withdrawal itself has been completed. - FY2019First statedAnnual report
「In February of this year, the Board of Directors resolved to withdraw from the lighting equipment business upon expiration of the contract period with the sales agent, as there was no prospect of improving its performance.」
The company disclosed for the first time a Board of Directors resolution to withdraw from the lighting equipment business upon expiration of the contract period with the sales agent, citing the lack of prospects for improved performance.