Expansion of Human Life through the Acquisition of Mondi’s Personal Care Business
First written in FY2022. 3 of 9 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Revenue growth alongside impairment recognitionAnnual report
「Revenue from personal care materials increased compared with the previous consolidated fiscal year. We expanded sales of new hygiene-material products for diapers and environmentally beneficial products using biodegradable technology. In addition, an impairment loss of ¥1,452 million on property, plant and equipment was recognized during the third-quarter consolidated accounting period.」
While personal care materials continued to post revenue growth and expanded sales following the acquisition of Mondi, an impairment loss of ¥1,452 million on property, plant and equipment was recognized. - 2026-04-27WorsenedFinancial results presentation
「An impairment loss on property, plant and equipment was recorded in Q3.」
For personal care materials following the acquisition of Mondi, the company stated that an impairment loss on property, plant and equipment was recorded in the third quarter of fiscal 2025 in addition to the goodwill impairment loss already disclosed. - FY2025WorsenedAnnual report
「In addition, following a review of the business plan for Nitto Advanced Film Gronau GmbH, a consolidated subsidiary, during the fourth-quarter consolidated accounting period, we recognized an impairment loss of ¥3,298 million on goodwill.」
For the personal care business following the acquisition of Mondi, an impairment loss of ¥3,298 million on goodwill was recognized following a review of Gronau's business plan. - FY2025-H1AdvancedAnnual report
「Revenue from personal care materials increased compared with the previous interim consolidated period. Profitability improved as we expanded sales of new hygiene materials for diapers and environmentally beneficial products using biodegradable technology.」
For personal care materials following the acquisition of Mondi, the disclosure covered not only revenue growth but also expanded sales of new and environmentally beneficial products and improved profitability. - FY2024-Q3RestatedAnnual report
「Revenue from personal care materials increased compared with the cumulative consolidated period of the previous third quarter, following the acquisition of Mondi's personal care business in June 2022.」
It was reconfirmed that revenue from personal care materials increased year on year following the acquisition of Mondi's personal care business. - FY2024-Q1AdvancedAnnual report
「Revenue from personal care materials increased compared with the cumulative consolidated period of the previous first quarter, following the acquisition of Mondi's personal care business in June 2022. In addition to our core products for diapers, we are pursuing new applications that capitalize on the properties of functional films, our core materials, while developing new environmentally beneficial products using biodegradable technology.」
Following the acquisition of Mondi, personal care materials contributed to revenue growth, and efforts have expanded into new applications and product development using biodegradable technology. - FY2023-Q2AdvancedAnnual report
「The Personal Care Materials business began operations in July 2022 within a new organization, the Advanced Film Solutions Division, which integrated Mondi’s acquired Personal Care business with the existing Hygiene Materials business. Its results have been reflected in the consolidated financial results from the second quarter of the current fiscal year.」
Following the acquisition of Mondi's personal care business as a wholly owned subsidiary, operations began under an organization integrated with the existing business, and its results began to be reflected. - FY2023-Q1AchievedAnnual report
「On 30 June 2022, the Group acquired 100% of the shares in 4 subsidiaries comprising the personal care business of Mondi plc, which is listed on the London Stock Exchange, and made them wholly owned subsidiaries. The 4 companies were Mondi Gronau GmbH in Germany, Mondi Ascania GmbH in Germany, Mondi China Film Technology Co., Ltd in China, and a newly established company in the United States that succeeded to the personal care business of Mondi Jackson LLC.」
For the 4 companies comprising Mondi's personal care business, the planned transaction in mid-2022 progressed to completion on 30 June 2022, when 100% of the shares were acquired and the companies became wholly owned subsidiaries. - FY2022First statedAnnual report
「On 17 February 2022, we agreed to acquire all shares in 4 subsidiaries comprising the personal care business of Mondi plc, which is listed on the London Stock Exchange, for a total acquisition price of €615 million, making them wholly owned subsidiaries of the Company.」
The Company agreed to make the 4 companies comprising Mondi's personal care business wholly owned subsidiaries for a total acquisition price of €615 million. Completion of the share transfer was scheduled for mid-2022.