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Muraki (7477) · InitiativeAchieved

Improving and Withdrawing from Unprofitable Businesses and Inefficient Operations

First written in FY2017. 2 of 4 entries say "Advanced", first in FY2018. Latest entry: FY2019-Q2.

4entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017AdvancedFY2018 – FY2019-Q22017: 120172018: 32018
Same theme, other companies
Improving profitability through restructuring and withdrawal from unprofitable businessesA theme 73 companies write about · 2 as a headwind · 76 as a tailwind

13 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 73 companies compared. The sentences above are computed from all 73.
Full recordFilings, disclosures and news, newest first
  1. FY2019-Q2AchievedAnnual report

    「During the second quarter consolidated accounting period, 株式会社ムラキ・エージェンシー was liquidated and therefore excluded from the scope of consolidation.」

    Regarding the reorganisation of unprofitable businesses and subsidiaries, the company states that the liquidation of Muraki Agency Co., Ltd. and its removal from the scope of consolidation have been completed.
  2. FY2019-Q1AdvancedAnnual report

    「Following the completion of the reorganisation of its subsidiaries, net sales were ¥1,842 million, down 6.9% year on year.」

    In connection with improving or withdrawing from unprofitable businesses and inefficient operations, the company states that the reorganisation of its subsidiaries has reached a major milestone, indicating progress in the process.
  3. FY2018AdvancedAnnual report

    「The business environment surrounding the company is difficult and results have fallen below plan. Although we have implemented various measures to restore performance, we have determined that it would be difficult to identify benefits in continuing the business going forward.」

    Regarding withdrawal from unprofitable businesses and businesses with limited prospects, the company transferred Muraki Agency Co., Ltd.’s non-life insurance agency business on 31 January 2018 and recorded a ¥30 million gain on the business transfer.
  4. FY2017First statedAnnual report

    「To appropriately allocate management resources in ways that improve profitability, we will withdraw from unprofitable businesses and businesses with limited prospects, and improve or discontinue inefficient operations.」

    As part of its structural reforms, the company has newly identified withdrawal from unprofitable businesses and businesses with limited prospects, together with the improvement or discontinuation of inefficient operations, as specific measures.
Moved together

"Development, Proposal and Sales Structure as a Global Supplier of Car Care Products" moved the same way as this thread, in the same document, in 3 of its 4 moves.

3222★1234
  1. ★This thread
  2. 1Development, Proposal and Sales Structure as a Global Supplier of Car Care Products3×
  3. 2Reducing Reliance through New Business Creation, M&A and Cross-Industry Partnerships2×
  4. 3Company-wide higher revenue, lower profit, ordinary loss and net loss2×
  5. 4Market contraction driven by consolidation among petroleum distributors and the closure of service stations2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Muraki's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Improving and Withdrawing from Unprofitable Businesses and Inefficient Operations | MURAKI CORPORATION (7477) | Komori