Restructuring Unprofitable Businesses and Locations and Focusing on Core Businesses
First written in FY2019. 5 of 8 entries say "Advanced", first in FY2022. Latest entry: FY2026.
0 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「We are pursuing optimization of the business portfolio through the “selection and concentration” of resources in growth businesses and products, while seeking to create added value and improve capital efficiency …」
The reorganization of unprofitable businesses and sites and concentration on core businesses has been expanded into a long-term portfolio optimization strategy encompassing higher value-added AC and HC businesses, reorganization of HC's product lineup, withdrawal from aircraft equipment and the launch of new specialized-vehicle businesses. - 2026-05-28AdvancedGeneral Meetings of Shareholders
「During the consolidated fiscal year, we reviewed the business portfolio in the HC business segment as part of structural reform. After carefully examining the future business plans and recoverability of our Gifu-Minami and Sagami plants, we recorded impairment losses of ¥4,533 million and ¥763 million, respectively, on the related assets.」
The disclosure records the financial development of the HC business’s structural reform and business portfolio review through impairment losses on assets at the Gifu-Minami and Sagami plants. - FY2024AdvancedAnnual report
「As announced on 9 February 2022, we decided to withdraw from the aircraft equipment business in order to strengthen corporate competitiveness by selecting and concentrating management resources. …For the specialized vehicles business, …we will apply the technologies and experience developed to date as a new earnings base and advance initiatives to commercialize camper vans.」
Regarding portfolio reorganization, the Company is continuing its withdrawal from the aircraft equipment business while advancing the creation of higher value-added AC and HC businesses and new earnings bases such as specialized vehicles and camper vans. - FY2024-Q1AdvancedAnnual report
「The Company completed an absorption-type merger effective 1 April 2023, under which the Company was the surviving company and its wholly owned subsidiary ＫＹＢ－ＹＳ株式会社, which operated the Automotive Components and Hydraulic Components businesses, was the absorbed company.」
As part of the group reorganization related to the reorganization of unprofitable businesses and sites and the concentration on core businesses, the Company completed the absorption-type merger with KYB-YS Co., Ltd., which operates the AC and HC businesses. - FY2023-Q3AdvancedAnnual report
「By merging YS, a subsidiary that manufactures and sells hydraulic equipment, we will improve sales profitability and strengthen our financial base. At the same time, the merger will promote more efficient management, including the effective use of the management resources held by both companies, and strengthen group governance through closer coordination with head-office functions.」
In connection with the reorganization of unprofitable businesses and sites and the concentration on core businesses, the Company entered into an absorption-type merger agreement with YS, its hydraulic equipment manufacturing and sales subsidiary. It plans to promote the effective use of management resources and strengthen sales profitability, the financial base and management efficiency. - FY2022AdvancedAnnual report
「We will concentrate management resources on the three businesses that will serve as future pillars: AC (Automotive Components), HC (Hydraulic Components) and specialized vehicles. We will advance ESG management, complete the current medium-term management plan and link it to the next medium-term management plan.」
The policy of reorganizing unprofitable businesses and sites and concentrating on core businesses has been made concrete through the concentration of management resources on the three businesses of AC, HC and specialized vehicles. Separately, the Company has decided to withdraw completely from the aircraft equipment business. - FY2021RaisedAnnual report
「While we will be prepared to withdraw from businesses that cannot secure profits, we will actively pursue initiatives to develop new markets and products that can become next-generation sources of revenue by capturing emerging trends such as MaaS, CASE and DX, without slowing our progress.」
The Company is expanding its policy of reorganizing unprofitable businesses, sites and products and concentrating on core businesses into a portfolio strategy combining withdrawal from businesses unable to secure profits with the creation of next-generation revenue sources through MaaS, CASE and DX. - FY2019First statedAnnual report
「“Safety first,” “quality management,” “compliance,” “thorough implementation of recurrence-prevention measures,” “early conformity of oil dampers for seismic isolation and vibration control,” and “reorganization of unprofitable businesses and sites and concentration on core businesses”」
Separate from the individual reorganizations of AC and HC, the Company has identified as a priority measure a company-wide business portfolio initiative to reorganize unprofitable businesses and sites and concentrate on core businesses.