Reorganization of Domestic Sites and Transfer of Production Processes
First written in FY2016. 2 of 4 entries say "Advanced", first in FY2017. Latest entry: FY2019.
The whole theme swung hardest in 2018: 2 of 10 companies on the "Worse" side.
11 other companies' latest entry also says "Advanced".
- FY2019AdvancedAnnual report
「Buildings Watagashima Plant Renovation of the Watagashima Plant ¥418 million Machinery and equipment Watagashima Plant Clutch manufacturing equipment ¥344 million Buildings Hamakita Plant Decrease due to the transfer of processes to a domestic subsidiary ¥564 million」
While carrying out renovations and capital investment at the Watagashima Plant, the group proceeded with the transfer of processes from the Hamakita Plant to a domestic subsidiary. No recurrence of the previous fiscal year's impairment loss in the domestic four-wheel vehicle business was reported for the current fiscal year. - FY2018WorsenedAnnual report
「Our group had been working to improve production efficiency through the reorganization of domestic production sites. However, after taking into account the business environment and profitability of the domestic four-wheel vehicle business, buildings, machinery and equipment, and land were written down to their recoverable amount, and the decrease of ¥1,454 million was recognized as an impairment loss under Other Expenses.」
While continuing to reorganize domestic sites, the group recognized an impairment loss of ¥1,454 million due to the business environment and profitability of the domestic four-wheel vehicle business. - FY2017AdvancedAnnual report
「Our group had been reorganizing its domestic sites to improve production efficiency and address risks. In connection with the transfer of major manufacturing processes to other production sites, the land, buildings and other assets of the Tenryu Plant were written down to their recoverable amount, and the decrease of ¥650 million was recognized as an impairment loss under Other Expenses.」
The transfer of major manufacturing processes associated with the reorganization of domestic sites progressed, and an impairment loss of ¥650 million was recognized on the land, buildings and other assets of the Tenryu Plant. It was also stated that the Tenryu Plant changed its name to the Watagashima Plant effective 1 April 2017. - FY2016First statedAnnual report
「Our group has been reorganizing its domestic sites to improve production efficiency and address risks following the Great East Japan Earthquake.」
The transfer of major manufacturing processes to other sites and the transfer of assets from the Ryuyo Plant to the Hamakita Plant are described.