Nitchitsu (7021) · InitiativeDropped
Task force to improve profitability in the crystalline limestone segment
First written in FY2019. 1 of 2 entries say "Dropped", first in FY2023. Latest entry: FY2023.
2entries
5years
0from disclosures
How it moved
Same theme, other companies
Earnings improvement and closure of the crystalline limestone businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2023DroppedAnnual report
「The crystalline limestone segment, which had continued to underperform, ceased operations as of the end of September 2022.」
With the termination of the crystalline limestone business, the previous measures of the task force established to improve profitability and return the segment to profitability ended along with the business concerned. - FY2019First statedAnnual report
「Last year, we revamped personnel and reviewed the organisation, while also launching a task force to improve profitability. Through the task force, we will pursue sweeping reforms without exempting any area and aim to return the business to profitability.」
In addition to revamping personnel and reviewing the organisation, the task force to improve profitability was presented as a specific measure to turn around the business.