Overhaul of the management structure, stronger governance and business turnaround at the U.S. subsidiary
First written in FY2020-Q2. 4 of 9 entries say "Advanced", first in FY2025. Latest entry: 2026-08-07.
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- 2026-08-07AdvancedResults
「損益面では販売価格の見直しや物流拠点の移転・集約を中心とした事業再構築の実施効果等による費用の減少の影響がありました。」
米国子会社の採算見直し・物流最適化施策について、実施効果による費用減少が記載された。 - FY2026RestatedAnnual report
「At consolidated subsidiary GMB NORTH AMERICA INC., sales declined as the company reviewed its customer base in the US market, while profit and loss was affected by higher tariff burdens and a temporary increase in costs related to consolidating warehouses to optimize logistics.」
The company stated that the U.S. subsidiary continued to review its customer base with consideration for profitability and consolidate warehouses to optimize logistics. Meanwhile, the loss widened during the fiscal year due to temporary expenses and other factors. - 2026-05-18AdvancedResults
「また、米国現地店の物流拠点の見直しを中心とした事業再構築の実施効果を含めて」
米国現地店の物流拠点見直しを中心とする事業再構築の実施効果を次期見通しに組み込んだ。 - FY2026-H1AdvancedAnnual report
「At the consolidated subsidiary GMB NORTH AMERICA INC., sales declined as the company narrowed its customer base with an emphasis on profitability in the highly competitive U.S. market. Profit and loss was also affected by a temporary increase in expenses related to consolidating warehouses to optimize logistics.」
The U.S. subsidiary narrowed its customer base with an emphasis on profitability and consolidated warehouses to optimize logistics. Although the measures became more concrete, the loss widened in the six-month period due to temporary expenses and other factors. - FY2025AdvancedAnnual report
「At GMB NORTH AMERICA INC., a consolidated subsidiary serving as a sales base, efforts to reduce costs and review profitability resulted in lower sales to major U.S. retailers. At GMB USA INC., a consolidated subsidiary established in January 2023 as a manufacturing base, sales began, but related expenses preceded full-scale operations. As a result, revenue was ¥7,443 million, down 0.5% year on year, and the segment loss was ¥282 million, compared with a loss of ¥394 million in the previous fiscal year.」
The U.S. subsidiary pursued cost reductions and a review of profitability. Sales to major retailers declined, but the segment loss narrowed from ¥394 million to ¥282 million. - FY2023Support for the U.S. subsidiary's business turnaround disclosed as a key audit matterAnnual report
「Forecast profit and loss and support for the U.S. subsidiary's business turnaround」
After the previous specific measures disappeared from the disclosure, the company again disclosed its forecast profit and loss for the U.S. subsidiary and support for its business turnaround as specific matters considered by the Audit & Supervisory Board. - FY2021DroppedAnnual reportThe specific initiatives at the U.S. subsidiary to overhaul its management structure, strengthen governance and restore performance, which had been disclosed through the previous quarter, could not be confirmed in this filing.
- FY2020-Q3RestatedAnnual report
「Based on these results, we have already overhauled the management structure of the subsidiary and are working to strengthen governance and restore its performance.」
The company continued to disclose its overhaul of the management structure, governance-strengthening measures and efforts to restore the performance of the U.S. subsidiary. - FY2020-Q2First statedAnnual report
「Based on these results, we have already overhauled the management structure of the subsidiary and are working to strengthen governance and restore its performance.」
In response to the deterioration in the U.S. subsidiary's performance, the company disclosed for the first time measures to overhaul the management structure, strengthen governance and restore performance.