Optimization of Fluorescent Display Tube Production Sites and Consolidation in Taiwan and the Philippines
First written in FY2017-Q3. 6 of 9 entries say "Advanced", first in FY2017. Latest entry: FY2025-H1.
60 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「Promotion of fixed-asset sales accompanying the dissolution of the domestic manufacturing subsidiary and the Philippine subsidiary」
With regard to optimizing production sites following the end of fluorescent display tube and other production and the dissolution of subsidiaries, the company moved to the stage of promoting the sale of fixed assets at its domestic manufacturing subsidiary and Philippine subsidiary. - FY2024-Q2AdvancedAnnual report
「End of vacuum fluorescent display production at the Philippine subsidiary」
As part of the optimization of fluorescent display tube production sites, the company ended production at its Philippine subsidiary. - FY2024-Q1AdvancedAnnual report
「During the three-month period ended in the first quarter, the company recorded ¥299 million as a business restructuring loss, comprising ¥274 million in costs related to the dissolution of the Philippine subsidiary following the end of fluorescent display tube production in the electronic devices business and ¥24 million in costs related to structural reforms at the Chinese subsidiary of the production equipment business.」
The company moved to the stage of recording ¥299 million in related costs as a business restructuring loss in connection with the end of fluorescent display tube production, the dissolution of the Philippine subsidiary and structural reforms at the Chinese subsidiary. - FY2023AdvancedAnnual report
「Since its establishment in February 1995, Futaba Corporation of the Philippines had engaged mainly in the production and sale of fluorescent display tubes. However, the company decided to dissolve the subsidiary after determining that it would be difficult to continue its business following the end of fluorescent display tube production.」
Following the end of fluorescent display tube production, the company decided to dissolve its Philippine production subsidiary. Completion of liquidation was scheduled for 31 March 2028, marking the shift of production-site optimization into the withdrawal phase. - FY2021Restructuring of the Taiwan production site and other locationsAnnual report
「The company recorded a business restructuring loss related to the restructuring of the Taiwan production site and other locations. The loss consisted mainly of economic compensation payments and other expenses.」
In connection with the withdrawal from the fluorescent display tube business, the company recorded a ¥177 million loss on the restructuring of the Taiwan production site and other locations. - FY2019AdvancedAnnual report
「The main capital investments during the consolidated fiscal year totaled ¥1,159 million, primarily for establishing a fluorescent display tube production system at Futaba Corporation of the Philippines.」
The company invested ¥1,159 million to establish a production system following the consolidation of fluorescent display tube production in the Philippines. - FY2018AchievedAnnual report
「In light of future demand for fluorescent display tubes, the company ended production at its domestic and Taiwanese subsidiaries and consolidated it at its Philippine subsidiary.」
For fluorescent display tubes, the company ended production at its domestic and Taiwanese subsidiaries and consolidated it at its Philippine subsidiary, completing its production-site consolidation plan. - FY2017AdvancedAnnual report
「Specifically, to meet strong demand, the company invested in increasing touch-panel production and decided to consolidate production sites, including by ending domestic production of fluorescent display tubes, for which demand had been trending downward.」
The company confirmed the end of domestic production and consolidation of fluorescent display tube production sites as measures for full-year performance, and also recorded a business restructuring loss of ¥547 million. - FY2017-Q3First statedAnnual report
「However, as demand for fluorescent display tubes had been declining in recent years, the company decided to optimize production sites across the group and consolidate production in Taiwan and the Philippines.」
Against a backdrop of declining demand for fluorescent display tubes, the company first disclosed its decision to end production at the Nagano Electronic Tube Plant at the end of June 2017 and consolidate production in Taiwan and the Philippines. The plant's production amounted to ¥543 million, and restructuring costs and other expenses were scheduled to be recorded as extraordinary losses.