Acquiring the resin business through the acquisition of いがりグループ as a subsidiary and creating synergies
First written in FY2019. 14 of 24 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-08-07.
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- 2026-08-07AdvancedResults
「During the cumulative first quarter, production by major customers in Japan and Thailand remained firm, and sales in this business came to ¥406 million, up 5.7% year on year.」
The resin-related parts business posted higher sales as production by major customers in Japan and Thailand remained firm. - FY2026AdvancedAnnual report
「Net sales in this business for the consolidated fiscal year increased 6.2% year on year to ¥1,514 million, mainly due to higher mold sales and increased sales of molded resin products to new customers.」
Full-year revenue from the resin-related parts business increased 6.2% year on year due to higher mold sales and increased sales of resin-molded products to new customers. Its contribution as a new core business is becoming more tangible. - 2026-05-14AdvancedRevisions to earnings forecasts
「Net sales in this business for the consolidated fiscal year increased 6.2% year on year to ¥1,514 million, mainly due to higher mold sales and increased sales of molded resin products to new customers.」
The resin-related parts business posted higher sales due to increased mold sales and sales of molded resin products to new customers, while its segment loss narrowed from ¥156 million to ¥15 million. - FY2026-H1AdvancedAnnual report
「Revenue from this business for the current interim consolidated accounting period was ¥740 million, up 4.3% year on year. Sales in the resin division of the Thai subsidiary declined due to customers cutting production, but revenue increased as production by domestic customers remained firm.」
In the resin-related parts business, firm production by domestic customers offset the decline in revenue caused by production cuts by customers of the Thai subsidiary, resulting in a 4.3% year-on-year increase in revenue. The segment loss narrowed to ¥25 million, but the business remained in the red. - FY2025-H1Decline in revenue and segment loss in the resin-related parts businessAnnual report
「Revenue from this business for the current interim consolidated accounting period was ¥709 million, down 14.3% year on year, as customer production remained sluggish.」
Revenue from the resin-related parts business fell 14.3% year on year as customer production remained sluggish, while segment profit turned from a profit in the previous corresponding period to a loss of ¥98 million. - FY2024AdvancedAnnual report
「Revenue from this business for the current consolidated fiscal year was ¥1,661 million, up 2.5% year on year. Revenue increased as sales at the Thai subsidiary IGARI INDUSTRY (THAILAND) CO., LTD. rose on higher orders for household goods and sales at いがり産業 also recovered.」
The resin-related parts business returned to year-on-year growth of 2.5% for the full year, with higher orders for household goods at the Thai subsidiary and the recovery in sales at いがり産業 contributing to the increase in revenue. - FY2024-Q3Continued slight decline in the resin-related parts business due to higher revenue at the Thai subsidiary and lower revenue at いがり産業Annual report
「Revenue from this business for the cumulative third quarter of the current consolidated fiscal year was ¥1,235 million, down 0.9% year on year. Sales at the Thai subsidiary IGARI INDUSTRY (THAILAND) CO., LTD. increased on higher orders for household goods, but sales at いがり産業 declined as customers cut production, resulting in a slight overall decline.」
In the resin-related parts business, the decline in revenue at いがり産業 caused by customers cutting production exceeded the increase in orders for household goods at the Thai subsidiary, resulting in a 0.9% year-on-year decline in total revenue. - FY2024-Q2Higher orders for household goods at the Thai subsidiary and lower revenue at いがり産業Annual report
「Revenue from this business for the cumulative second quarter of the current consolidated fiscal year was ¥828 million, down 4.2% year on year. Revenue at the Thai subsidiary increased on higher orders for household goods, while revenue at いがり産業 declined as customers cut production.」
In the resin-related parts business, higher orders for household goods at the Thai subsidiary were offset by lower revenue at いがり産業 due to customers cutting production, resulting in an overall decline of 4.2% year on year. - FY2023-Q3AdvancedAnnual report
「② Resin-related parts: Revenue from this business for the cumulative third quarter of the current consolidated fiscal year was ¥1,246 million, up 0.8% year on year. Revenue at いがり産業 declined due to customers cutting production, but total revenue increased as sales at the Thai subsidiary IGARI INDUSTRY (THAILAND) CO., LTD. rose.」
Higher sales at the Thai subsidiary IGARI INDUSTRY (THAILAND) offset the decline in revenue at いがり産業 caused by customers cutting production, resulting in a 0.8% year-on-year increase in revenue from the resin-related parts business. - FY2023-Q2AdvancedAnnual report
「② Resin-related parts: Revenue from this business for the cumulative second quarter of the current consolidated fiscal year was ¥864 million, up 2.8% year on year. Revenue at いがり産業 declined due to customers cutting production, but total revenue increased as sales at the Thai subsidiary ISK-T rose.」
Although revenue at いがり産業 declined as customers cut production, revenue from the resin-related parts business increased 2.8% year on year due to higher sales at the Thai subsidiary ISK-T. - FY2023-Q1Revenue decline caused by customers suspending operations in the resin-related parts businessAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, as with the metal-related parts business, customers frequently suspended operations, and revenue from this business was ¥400 million, down 2.5% year on year.」
Revenue from the resin-related parts business fell 2.5% year on year due to frequent customer shutdowns. - FY2022RestatedAnnual report
「Following the additional acquisition of shares in 3MT (THAILAND) CO., LTD. during the current consolidated fiscal year, the company has been included in the scope of consolidation from the current consolidated fiscal year.」
3MT (THAILAND) was further acquired and included in the scope of consolidation from the current fiscal year, confirming the establishment of the group as a Southeast Asian sales base. - FY2022-Q3AdvancedAnnual report
「The consolidated balance sheet was included for the second quarter consolidated accounting period, while the consolidated income statement has been included from the third quarter consolidated accounting period.」
For 3MT (THAILAND), which became a wholly owned subsidiary, the income statement was consolidated from the third quarter accounting period, marking the start of the acquired company's contribution to consolidated results. - FY2022-Q2AdvancedAnnual report
「To streamline operations, including increasing orders through synergies with IGARI INDUSTRY (THAILAND) CO., LTD., which serves as a sales base for the Company's products in Southeast Asia.」
The purpose of making 3MT (THAILAND) a wholly owned subsidiary is to increase orders through synergies with the existing IGARI INDUSTRY (THAILAND) and streamline operations. - FY2022-Q1AdvancedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, orders from customers recovered, and revenue from this business was ¥410 million, up 36.8% year on year.」
Orders from customers recovered in the resin-related parts business, and revenue increased 36.8% year on year. A quarterly recovery is emerging after the decline in revenue that continued through the previous fiscal year. - FY2021Continued decline in revenue from the resin-related parts businessAnnual report
「Revenue from this business for the current consolidated fiscal year was ¥1,444 million, down 23.5% year on year.」
The resin-related parts business recorded full-year revenue of ¥1,444 million, down 23.5% year on year, as the impact of customers suspending operations and other effects of the COVID-19 pandemic remained throughout the year. - FY2021-Q3Continued decline in revenue from resin-related partsAnnual report
「② Resin-related parts: Revenue from this business for the cumulative third quarter of the current consolidated fiscal year was ¥1,047 million, down 28.2% year on year. As with the metal-related parts business, production recovered substantially during the third quarter consolidated accounting period, but revenue declined because the impact of customers suspending operations due to COVID-19 remained significant in both Japan and overseas.」
The resin-related parts business recorded cumulative third-quarter revenue of ¥1,047 million, down 28.2% year on year. Although production recovered during the third quarter accounting period, the impact of customers suspending operations during the first half remained. - FY2021-Q2Continued decline in revenue from resin-related partsAnnual report
「Revenue from this business for the cumulative second quarter of the current consolidated fiscal year was ¥641 million, down 35.4% year on year. As with the metal-related parts business, production declined in both Japan and overseas as production cuts caused by customers suspending operations due to COVID-19 weighed on results.」
Revenue from the resin-related parts business acquired through the acquisition of the Igari Group fell 35.4% year on year due to customers suspending operations in Japan and overseas. - FY2021-Q1Decline in demand for resin-related partsAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, demand related to automobiles declined sharply, resulting in a substantial decrease in revenue. As a result, revenue from this business was ¥300 million, down 41.7% year on year.」
Revenue from the resin-related parts business acquired through the acquisition of the Igari Group fell 41.7% year on year due to the decline in demand related to automobiles. - FY2020AdvancedAnnual report
「Revenue from the resin-related parts business was ¥1,886 million (— year on year).」
The resin-related parts business, newly established through the acquisition of the Igari Group, recorded ¥1,886 million in full-year revenue, establishing its contribution to consolidated results. - FY2020-Q3AdvancedAnnual report
「② Resin-related parts: Revenue from this business for the cumulative third quarter of the current consolidated fiscal year was ¥1,458 million.」
The resin-related parts business, newly established through the acquisition of the Igari Group, recorded ¥1,458 million in cumulative third-quarter revenue, increasing its contribution to consolidated results. - FY2020-Q2AdvancedAnnual report
「② Resin-Related Components Net sales for the business during the cumulative second-quarter period were ¥994 million.」
The newly established Resin-Related Components Business following the acquisition of いがりグループ as a subsidiary recorded first-half net sales of ¥994 million, continuing to contribute to consolidated results. - FY2020-Q1AdvancedAnnual report
「From the first quarter of the current fiscal year, following the acquisition of shares in イガリホールディングス株式会社, the company reviewed its method of classifying business segments and changed its reported segments from the previous single segment, the Vehicle-Related Components Business, to 2 segments: the Metal-Related Components Business and the Resin-Related Components Business. Net sales for the business during the cumulative first-quarter period were ¥514 million.」
Following the acquisition of いがりグループ as a subsidiary, the company changed its reported segments to 2 categories, the Metal-Related Components Business and the Resin-Related Components Business, and recorded the Resin-Related Components Business in consolidated quarterly results for the first time. Net sales of the Resin-Related Components Business were ¥514 million. - FY2019First statedAnnual report
「On 1 April 2019, the company acquired all shares of イガリホールディングス株式会社. The addition of いがりグループ gave the group a new business field in resin-molded components, as well as the means to develop a new business field involving composite metal and resin components.」
The company states that it acquired all shares and made the company a subsidiary on 1 April 2019, positioning the acquisition of resin-molded components and the metal-resin composite field as means of diversifying its business.