Development and Strengthening of a Five-Region Global Operating Structure
First written in FY2016. 4 of 5 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2018.
3 other companies' latest entry also says "Advanced".
- FY2018AdvancedAnnual report
「Through initiatives under the previous medium-term management plan, we expanded our production and sales structure across five regions worldwide, entered new business areas beyond bearings, and established the foundations for our next major advance.」
The company evaluates the expansion of its production and sales structure across five regions worldwide as an achievement of the previous medium-term management plan and has moved on to the next plan. - FY2017AdvancedAnnual report
「Through these initiatives, the first stage strengthened the global production, sales and development structure, further reinforcing the five-region framework covering Japan, North America, Europe, Asia and China.」
It states that, as a result of the first stage, the five-region framework covering Japan, North America, Europe, Asia and China was strengthened. - FY2017-Q3AdvancedAnnual report
「During the current third-quarter consolidated accounting period, we acquired shares in 飯野ホールディング and included the company and its subsidiaries in the scope of consolidation, establishing a new reporting segment, "Parts Business Other Than Automotive Bearings."」
The acquisition and consolidation of 飯野ホールディング and its subsidiaries expanded the Group structure serving as the foundation for global operations. Completion of the five-region structure itself was not reported. - FY2017-Q2AdvancedAnnual report
「Through this acquisition of shares, we believe that linking the overseas locations of the Company and the 飯野製作所 Group will enable us to strengthen our global operating capabilities through more efficient procurement and logistics, improved technological capabilities and production capacity through local personnel exchanges and the sharing of technology and know-how, and a more efficient operating structure.」
The execution of the acquisition agreement with the 飯野製作所 Group set out specific measures to strengthen global operating capabilities by linking the overseas locations of both groups. - FY2016First statedAnnual report
「(4) Develop and strengthen a five-region global operating structure in response to expanding domestic and overseas sales」
The plan identifies the development of a business base centered on 5 regions: Japan, North America, Europe, Asia and China.