Integration of the Engine Valve Business with Mitsubishi Heavy Industries Machine Tool Co., Ltd.
First written in FY2016. 8 of 14 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2022-Q1.
No other company in this theme has enough history to compare yet.
- FY2022-Q1AchievedAnnual report
「Under this agreement, the Company absorbed フジホローバルブ株式会社 as of 1 July 2021.」
The planned absorption-type merger of フジホローバルブ株式会社 following termination of the joint venture and its conversion to a wholly owned subsidiary was completed as of 1 July 2021, completing the reorganization of the hollow valve business into an integrated operating structure. - FY2021ReframedAnnual report
「More than 4 years had passed since the joint venture began, and the original objective in the hollow valve business had produced a certain level of results. Accordingly, the joint venture agreement was terminated as of 31 March 2021, and フジホローバルブ株式会社 became a wholly owned subsidiary on the same date.」
The business integration through the joint venture with 三菱重工工作機械株式会社 moved to termination of the joint venture and conversion to a wholly owned subsidiary after achieving a certain level of results. An absorption-type merger as of 1 July 2021 was also planned, reorganizing the business into an integrated operating structure. - FY2020AdvancedAnnual report
「During the current fiscal year, the Company completed the switch to a new manufacturing method aimed at improving quality and productivity, together with the associated reorganization of production lines. It therefore disposed of and sold equipment that was no longer needed.」
At the hollow valve business following the business integration, the switch to the new manufacturing method and the reorganization of production lines were completed. - FY2019AdvancedAnnual report
「In Japan, domestic sales increased 4% from the previous fiscal year, supported by the effects of the business integration with 三菱重工工作機械株式会社 since 2016 and strong sales of hollow valves. Domestic and overseas sales combined increased 11%.」
The effects of the business integration, together with strong sales of hollow valves, lifted domestic sales 4% and total domestic and overseas sales 11%. - FY2019-Q3AdvancedAnnual report
「In Japan, sales increased 6% from the previous year due to the effects of the business integration, strong sales of umbrella-type hollow valves and shaft-type hollow valves, and other factors. Domestic and overseas sales combined increased 12%.」
The effects of the business integration with 三菱重工工作機械株式会社, together with strong sales of hollow valves, increased domestic sales 6% year on year and total domestic and overseas sales 12%. - FY2019-Q2AdvancedAnnual report
「In Japan, sales increased 8% year on year due to the effects of the business integration, strong sales of umbrella-type hollow valves and shaft-type hollow valves, and other factors. Domestic and overseas sales combined increased 13%.」
The effects of the business integration, together with strong sales of umbrella-type hollow valves and shaft-type hollow valves and other factors, increased domestic sales 8% year on year and total domestic and overseas sales 13%. - FY2019-Q1AdvancedAnnual report
「In Japan, sales increased 3% year on year due to the effects of the business integration and strong sales of hollow valves, the Company's new core product. Domestic and overseas sales combined increased 14%.」
The effects of the business integration, together with strong sales of hollow valves, the new core product, lifted domestic sales 3% year on year and total domestic and overseas sales 14%. - FY2018AdvancedAnnual report
「In Japan, sales increased 11% from the previous fiscal year due to synergies from the business integration with 三菱重工工作機械株式会社 and other factors. Domestic and overseas sales combined increased 15%.」
Synergies from the business integration and other factors increased domestic sales 11% from the previous fiscal year and total domestic and overseas sales 15%. - FY2018-Q3AdvancedAnnual report
「In Japan, sales increased 14% year on year due to synergies from the business integration with 三菱重工工作機械株式会社 and other factors. Domestic and overseas sales combined increased 19%.」
Synergies from the business integration and other factors lifted domestic sales 14% year on year and total domestic and overseas sales 19%. - FY2018-Q2AdvancedAnnual report
「In Japan, sales increased 17% year on year as synergies from the business integration with 三菱重工工作機械株式会社 began to materialize. Domestic and overseas sales combined increased 23%.」
As synergies from the business integration began to materialize, domestic sales increased 17% year on year and total domestic and overseas sales increased 23%. - FY2018-Q1Cited as achievedAnnual report
「In Japan, sales increased year on year as the Company pursued synergies from the business integration with 三菱重工工作機械株式会社 in the previous year.」
The results state that the business integration with 三菱重工工作機械株式会社, completed in the previous fiscal year, generated year-on-year sales growth through synergies. - FY2017Cited as achievedAnnual report
「Revenue increased year on year, supported by higher overseas demand and the integration of the engine valve business with 三菱重工工作機械株式会社. As a result, revenue was ¥18,165 million, an increase of ¥662 million from the previous fiscal year.」
The results state that the business integration completed in May 2016, together with increased overseas demand, contributed to higher revenue. - FY2017-Q1AchievedAnnual report
「On 31 May 2016, フジホローバルブ株式会社 succeeded to the manufacturing operations in the hollow manufacturing process of both companies' hollow valve businesses through an absorption-type company split. Absorption-type company split in which 三菱重工工作機械株式会社 was the splitting company and フジホローバルブ株式会社 was the succeeding company」
On 31 May 2016, the transfer of both companies' hollow valve businesses and the acquisition of the valve business from 三菱重工工作機械株式会社 were completed. - FY2016First statedAnnual report
「The Company decided to integrate its automotive engine valve business with 三菱重工工作機械株式会社, share the automotive engine valve expertise and strengths held by each company, and pursue synergies, with the aim of securing market share in the domestic market, where significant further expansion is not expected, and expanding overseas demand further.」
The plan calls for establishing a joint venture for the hollow valve business and acquiring the solid valve business from 三菱重工工作機械株式会社.