Expanding proprietary products and new markets through the acquisition of Greenpal
First written in FY2018-Q3. 14 of 30 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-07-31.
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- 2026-07-31OtherEarnings
「In the plastic household goods manufacturing business, sales of storage and gardening products exceeded those in the same period of the previous year.」
Sales in the plastic household goods manufacturing business, based on Greenpal, exceeded those in the same period of the previous year, but segment income declined 7.3% year on year, making it difficult to characterize this as clear progress. - FY2026AdvancedAnnual report
「As a result, sales were ¥2.314 billion, up 11.3% year on year, and segment income was ¥114 million, up 15.1%.」
In the plastic household goods manufacturing business based on グリーンパル, sales of storage and gardening products increased, resulting in higher revenue and higher profit. - 2026-05-08AdvancedEarnings
「As a result, sales were ¥2.314 billion, up 11.3% year on year, and segment income was ¥114 million, up 15.1%.」
The plastic household goods manufacturing business reported full-year sales and segment income growth, driven by increased sales of storage and gardening products. - FY2026-H1AdvancedAnnual report
「② Plastic household goods manufacturing business: Sales of storage products and gardening products exceeded the year-earlier level. As a result, revenue was ¥1,044 million, up 13.4% year on year, while the segment posted profit of ¥27 million, compared with a segment loss of ¥19 million in the previous year.」
In the plastic household goods manufacturing business based on グリーンパル, sales of storage and gardening products increased, driving a 13.4% year-on-year increase in revenue and a swing from a segment loss in the previous year to profit of ¥27 million. - FY2025Decline in sales and profit in the manufacturing businessAnnual report
「As a result, revenue was ¥2,080 million, down 10.8% year on year, while segment profit was ¥99 million, down 67.7%.」
The plastic household goods manufacturing business based on グリーンパル posted lower revenue and lower profit for the full year, but remained profitable at the segment level. - FY2025-H1Manufacturing business: lower revenue, loss-makingAnnual report
「As a result, revenue was ¥920 million, down 17.4% year on year, while the segment posted a loss of ¥19 million, compared with segment profit of ¥145 million in the previous year.」
The plastic household goods manufacturing business based on グリーンパル株式会社 saw revenue decline 17.4% year on year and swung from segment profit in the previous year to a loss of ¥19 million. - FY2024-Q3Manufacturing business: lower revenue, higher profitAnnual report
「As a result, revenue was ¥1,834 million, down 4.5% year on year, while segment profit was ¥298 million, up 24.5%.」
In the plastic household goods manufacturing business, revenue fell 4.5% year on year, while segment profit increased 24.5%, resulting in lower revenue and higher profit. - FY2024-Q2Manufacturing business: lower revenue, higher profitAnnual report
「As a result, revenue was ¥1,114 million, down 2.7% year on year, while segment profit was ¥145 million, up 91.0%.」
In the plastic household goods manufacturing business, revenue fell 2.7% year on year, while segment profit increased 91.0%. - FY2024-Q1Manufacturing business: lower revenue, higher profitAnnual report
「As a result, revenue was ¥506 million, down 3.4% year on year, while segment profit was ¥56 million, up 283.1%.」
In the plastic household goods manufacturing business based on the acquisition of グリーンパル株式会社 as a subsidiary, revenue was below the year-earlier level, while segment profit increased 283.1% year on year. - FY2023AdvancedAnnual report
「As a result, revenue was ¥2,448 million, up 0.5% year on year, and segment profit was ¥267 million, up 8.0%.」
The plastic household goods manufacturing business, based on グリーンパル, posted full-year increases in both revenue and profit, recording revenue of ¥2,448 million and segment profit of ¥267 million. - FY2023-Q3AdvancedAnnual report
「Sales of gardening supplies exceeded the same period of the previous year, while sales of storage products fell below it. As a result, sales were ¥1.920 billion, up 5.7% year on year, and segment profit was ¥239 million, up 19.6% year on year.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., sales were ¥1.920 billion and segment profit was ¥239 million, resulting in year-on-year increases in both sales and profit, driven by growth in gardening-supplies sales. - FY2023-Q2Increase in sales and decline in profit in the manufacturing businessAnnual report
「② Plastic household products manufacturing business: Sales of gardening supplies exceeded the same period of the previous year, while sales of storage products fell below it. As a result, sales were ¥1.145 billion, up 0.1% year on year, and segment profit was ¥76 million, down 5.8% year on year.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., sales increased 0.1% year on year, while segment profit declined 5.8%. Sales turned upward year on year from the previous quarter's decline in both sales and profit, but profit declined. - FY2023-Q1Decline in sales and profit in the manufacturing businessAnnual report
「② Plastic household products manufacturing business: Sales of gardening supplies exceeded the same period of the previous year, while sales of storage products fell below it. As a result, sales were ¥524 million, down 8.0% year on year, and segment profit was ¥14 million, down 62.6% year on year.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., sales of gardening supplies increased, while sales of storage products declined, resulting in lower sales and segment profit than in the same period of the previous year. - FY2022-Q3Decline in profit in the manufacturing businessAnnual report
「Sales of storage products fell below the same period of the previous year, while sales of gardening supplies exceeded it. As a result, sales were ¥1.816 billion, compared with ¥1.793 billion in the same period of the previous year, and segment profit was ¥200 million, compared with ¥260 million.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., sales increased as gardening supplies grew, while segment profit fell below the same period of the previous year. - FY2022-Q2Decline in sales and profit in the manufacturing businessAnnual report
「② Plastic household products manufacturing business: Sales of gardening supplies exceeded the same period of the previous year, while sales of storage products fell below it. As a result, sales were ¥1.144 billion, compared with ¥1.224 billion in the same period of the previous year, and segment profit was ¥80 million, compared with ¥188 million.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., sales of gardening supplies increased, but sales of storage products declined, resulting in cumulative sales and segment profit both falling below the same period of the previous year. - FY2022-Q1Decline in sales and profit in the manufacturing businessAnnual report
「As a result, sales were ¥569 million, compared with ¥589 million in the same period of the previous year, and segment profit was ¥39 million, compared with ¥93 million.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., both sales and segment profit declined year on year. - FY2021AdvancedAnnual report
「(2) Plastic household products manufacturing business: Sales of plastic cases and gardening supplies and seasonal products and other items exceeded the same period of the previous year. As a result, sales were ¥2.462 billion, up 18.4% year on year, and segment profit was ¥268 million, up 189.5% year on year.」
For the plastic household products manufacturing business built on Greenpal Co., Ltd., full-year sales were ¥2.462 billion and segment profit was ¥268 million, representing year-on-year increases in both sales and profit. - FY2021-Q3AdvancedAnnual report
「As a result, sales were ¥1.793 billion, up 11.4% year on year, and segment profit was ¥260 million, up 178.4% year on year.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., sales were ¥1.793 billion and segment profit was ¥260 million, resulting in year-on-year increases in both sales and profit. - FY2021-Q2AdvancedAnnual report
「② Plastic household products manufacturing business: Sales of seasonal products and other items and storage products were below the same period of the previous year, while sales of plastic cases and gardening supplies exceeded the same period of the previous year. As a result, sales were ¥1.224 billion, up 27.3% year on year, and segment profit was ¥188 million, compared with segment profit of ¥16 million in the same period of the previous year.」
For the plastic household products manufacturing business built on Greenpal Co., Ltd., sales rose 27.3% year on year to ¥1.224 billion, while segment profit increased from ¥16 million in the same period of the previous year to ¥188 million. - FY2021-Q1AdvancedAnnual report
「As a result, sales were ¥589 million, up 24.1% year on year, and segment profit (operating profit) was ¥93 million, up 631.9% year on year.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., first-quarter sales increased 24.1% year on year and segment profit increased 631.9%, resulting in sales of ¥589 million and segment profit of ¥93 million. - FY2020Decline in sales and profit in the manufacturing businessAnnual report
「As a result, sales were ¥2.080 billion, down 19.6% year on year, and segment profit (operating profit) was ¥92 million, down 26.4% year on year.」
For the plastic household products manufacturing business built on Greenpal Co., Ltd., full-year sales and profit both declined. - FY2020-Q3AdvancedAnnual report
「As a result, sales were ¥1.609 billion, up 7.7% year on year, and segment profit (operating profit) was ¥93 million, up 207.7% year on year.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., sales increased 7.7% year on year and segment profit increased 207.7%, with sales of ¥1.609 billion and segment profit of ¥93 million. - FY2020-Q2AdvancedAnnual report
「As a result, sales were ¥961 million, up 6.3% year on year, and segment profit (operating profit) was ¥16 million, compared with a segment loss (operating loss) of ¥11 million in the same period of the previous year.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., cumulative second-quarter sales rose 6.3% year on year to ¥961 million, while the business returned to profitability, with segment profit of ¥16 million compared with a segment loss of ¥11 million in the same period of the previous year. - FY2020-Q1Decline in sales and profit in the manufacturing businessAnnual report
「As a result, sales were ¥475 million, down 7.2% year on year, and segment profit (operating profit) was ¥12 million, down 73.5% year on year.」
For the plastic household products manufacturing business built on the acquisition of Greenpal Co., Ltd., sales and segment profit both declined year on year. - FY2019AdvancedAnnual report
「Sales of storage products, plastic cases and gardening supplies remained solid. As a result, sales were ¥2.585 billion and segment profit (operating profit) was ¥125 million.」
For the plastic household products manufacturing business, including Greenpal Co., Ltd., full-year sales were ¥2.585 billion and segment profit was ¥125 million. - FY2019-Q3AdvancedAnnual report
「Sales of storage products, plastic cases and gardening supplies progressed broadly in line with expectations, but profit fell below expectations due to higher manufacturing costs and other factors. As a result, sales were ¥1.494 billion and segment profit (operating profit) was ¥30 million.」
For the plastic household products manufacturing business, including Greenpal Co., Ltd., cumulative sales rose from ¥904 million and a segment loss of ¥11 million in the second quarter to ¥1.494 billion and segment profit of ¥30 million in the third quarter. The disclosure indicates sales growth and a return to profitability. - FY2019-Q2RestatedAnnual report
「Sales of storage products, plastic cases and gardening supplies progressed broadly in line with expectations, but profit fell below expectations due to higher manufacturing costs and other factors. As a result, sales were ¥904 million and segment loss (operating loss) was ¥11 million.」
For the plastic household products manufacturing business, including Greenpal Co., Ltd., sales were broadly in line with expectations, while an accumulated segment loss of ¥11 million was recorded due to higher manufacturing costs and other factors. - FY2019-Q1AdvancedAnnual report
「Sales of storage products, plastic cases and gardening supplies progressed favorably, broadly in line with the initial outlook. As a result, sales were ¥511 million and segment profit (operating profit) was ¥48 million. Since Greenpal Co., Ltd. was included as a consolidated subsidiary from the previous consolidated fiscal year only in the balance sheet, and its income statement was consolidated from the cumulative first quarter of the current consolidated fiscal year, year-on-year percentage changes are not provided.」
Following the completion of the acquisition of Greenpal Co., Ltd., the income statement was consolidated from the first quarter, resulting in sales of ¥511 million and segment profit of ¥48 million for the plastic household products manufacturing business. - FY2018AchievedAnnual report
「This was because the company acquired 100% of the issued shares of Greenpal Co., Ltd. for cash consideration.」
The acquisition of all shares in Greenpal Co., Ltd. was completed on 22 February 2018, resulting in it becoming a wholly owned subsidiary. - FY2018-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 31 January 2018, the company resolved to acquire shares in Greenpal Co., Ltd. and make it a subsidiary. Greenpal Co., Ltd. manufactures and sells gardening supplies, furniture, fittings and interior products. The company believes that making Greenpal Co., Ltd. a subsidiary will support further growth and expansion, including the creation of new markets through the development of original products. Scheduled acquisition date: 22 February 2018. Acquisition price: ¥871.433 million. Ownership interest after acquisition: 100%.」
The Board of Directors resolved to make Greenpal Co., Ltd. a subsidiary. The acquisition was scheduled for 22 February 2018, and the initiative was described as incorporating products such as gardening supplies to develop original products and create new markets.