Expansion of Multi-Product Production and Production Capacity through the Establishment of a Chiba Plant
First written in FY2016. 14 of 29 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「The Group posted a substantial decline in revenue and profit after operations at the Sakura Plant were suspended following a minor fire on the plant's production line on 1 November 2025. Production resumed on 10 June 2026, and the Group is working to restore confidence through thorough measures to prevent recurrence and meticulous sales activities. It is also gradually increasing production volumes in line with order conditions.」
Following the production shutdown caused by the minor fire at the Sakura Plant, production resumed on 10 June 2026, and the company moved to the stage of gradually increasing production volumes in line with order conditions. - 2026-04-20WorsenedOccurring Fact
「However, the fire that occurred in the manufacturing lines at the Sakura Factory on 1 November 2025 forced the factory to suspend operations and reduce product shipments, significantly affecting revenue and earnings.」
The disclosure of stable production from the new chip-drying equipment that had been operating since the end of the previous fiscal year was followed by the suspension of operations and reduced shipments caused by the fire in the manufacturing lines. - FY2026-H1AdvancedAnnual report
「The new chip-drying equipment at the Sakura Plant began operating at the end of the previous fiscal year, and production continued smoothly without any major problems.」
The new chip-drying equipment at the Sakura Plant began operating at the end of the previous fiscal year, with concrete progress reported in the form of smooth production without any major problems. - FY2025-H1RestatedAnnual report
「The Group continues to produce particleboard under a temporary production system. Although output remains below normal levels, stable production has been achieved through reviews of the manufacturing process and employee training.」
The production system, including the Sakura Plant, has achieved stable production through reviews of the manufacturing process and employee training, while low-volume production below normal levels continues. - FY2024AdvancedAnnual report
「Reporting company Sakura Plant (Sakura City, Chiba Prefecture) Wood and Environmental Solutions Business Chip-drying equipment 700 155 Internal funds November 2023 November 2024」
The redevelopment plan for the chip-drying equipment damaged by fire at the Sakura Plant has taken concrete shape, with a total cost of ¥700 million, ¥155 million already paid, work commencing in November 2023 and completion scheduled for November 2024. - FY2024-Q2RestatedAnnual report
「Due to the impact of the fire that damaged the chip-drying equipment at the Sakura Plant on 24 December 2022, the Group established a temporary production system with revised manufacturing processes after production resumed on 10 February 2023, but particleboard production remains at a low level compared with normal operations.」
The Sakura Plant continues to operate under a temporary production system with revised manufacturing processes, but production remains at a low level compared with normal operations. No milestone for a full recovery in production has been indicated since the previous disclosure. - FY2024-Q1AdvancedAnnual report
「Since partially resuming production at the Sakura Plant in February 2023, the Group has continued reviewing its production processes and methods in an effort to stabilize production and increase output.」
The company disclosed that it partially resumed production at the Sakura Plant in February 2023 after the fire damage, and has moved to a phase of stabilizing operations and increasing output through reviews of its processes and production methods. - FY2023Renovation plan for fire-damaged equipment; investment amount undecidedAnnual report
「The company plans to renovate the chip-drying equipment at the Sakura Plant that was damaged by fire in December 2022, but the specific capital expenditure amount and other details have not been determined.」
Regarding expansion of the Sakura Plant's facilities and improvement of its utilization rate, the company presented a renovation plan following the fire damage to the chip-drying equipment in December 2022. However, the specific capital expenditure amount and other details remain undecided. - FY2022RestatedAnnual report
「Capital expenditures for the current consolidated fiscal year focused on machinery, equipment and facilities at the Sakura and Shinkiba plants, and totaled ¥445.610 million.」
The company continued investing in machinery, equipment and facilities at the Sakura and Shinkiba plants, bringing annual investment to ¥445.610 million. At the same time, it disclosed that there were no plans for significant new facilities. - FY2021RestatedAnnual report
「By efficiently manufacturing and continuing to sell these PB products to building-material wholesalers and other customers, the company maintains a high plant utilization rate and establishes a robust earnings model and source of competitive advantage through recycling, by converting used PB and other wood products destined for disposal into raw materials for renewed PB production.」
The policy of establishing an earnings model through efficient production and sales of PB, including at the Sakura Plant, and recycling into raw materials remains in place. However, the company itself states that building the model will still take time. - FY2021-Q3RestatedAnnual report
「The company aims to make the long structural panel PB product “Kabe Musha” a second core business alongside manufacturing and sales centered on PB for condominium flooring, its core product, and achieved full-scale operations at the Sakura Plant, its new plant equipped with state-of-the-art facilities, in February 2020, establishing a production system at the new plant.」
The previously reported achievement of full-scale operations at the Sakura Plant in February 2020 was reiterated, and the new plant's production system remains in place. No new operational milestone was disclosed. - FY2021-Q1AchievedAnnual report
「The Group aims to make the long structural panel PB product “Kabe Musha” a second core business alongside manufacturing and sales centered on PB for condominium flooring, its core product, and achieved full-scale operations at the Sakura Plant, its new plant equipped with state-of-the-art facilities, in February, establishing a sound production system.」
The company disclosed that it achieved the targeted full-scale operations at the Sakura Plant in February and established a sound production system. - FY2020RestatedAnnual report
「Capital expenditures for the current consolidated fiscal year focused on installing manufacturing equipment at the Sakura Plant and upgrading existing equipment, and totaled ¥899 million.」
The company continued installing manufacturing equipment and upgrading existing equipment at the Sakura Plant, bringing annual capital expenditures to ¥899 million. No new disclosure indicates completion of the policy of multi-product manufacturing and higher utilization. - FY2020-Q3RestatedAnnual report
「Against this business backdrop, the Group established a full-production system at the Chiba-Sakura Plant, equipped with state-of-the-art manufacturing facilities, in order to pursue a broad product strategy including particleboard for detached-house structural materials, rather than manufacturing centered on its traditional core product, particleboard for condominium flooring.」
The establishment of a full-production system at the Chiba-Sakura Plant and the broad product strategy continue to be indicated. A full-production system was also disclosed as having been established in the previous quarter, and no new completion milestone can be confirmed. - FY2020-Q2AdvancedAnnual report
「As of the filing date, the Sakura Plant had established a full-production system and was operating smoothly. However, sales of new products were behind the original plan, and the company required funding to maintain stable production and increase sales.」
The company disclosed that the Sakura Plant had established a full-production system and was operating smoothly. However, delays in sales of new products and the need for additional funding remain. - FY2020-Q1SoftenedAnnual report
「Against this business backdrop, the Group sought to achieve full-scale operations at the Chiba-Sakura Plant, equipped with state-of-the-art manufacturing facilities, in order to pursue a broad product strategy centered on structural particleboard rather than flooring particleboard.」
The broad product strategy centered on structural rather than flooring products and the policy of full-scale operations at the Sakura Plant remain in place, but production and sales of structural products at the Sakura Plant were delayed during the quarter, and full-scale operations had not been achieved. - FY2019AdvancedAnnual report
「Filing company: Sakura Plant (Sakura, Chiba Prefecture) Wood and Environmental Solutions Business Production equipment Planned investment amount: ¥649 million Internal funds and borrowings Start date: June 2019 Scheduled completion: October 2019」
For the Sakura Plant after completion and the start of production, a plan has been specified to begin work on ¥649 million of additional manufacturing equipment in June 2019 and complete it in October of the same year. - FY2019-Q3AdvancedAnnual report
「The main factor was an increase of ¥907.585 million in long-term borrowings for renovation costs and working capital at the Sakura Plant, including an increase of ¥315.035 million in long-term borrowings due for repayment within one year.」
Long-term borrowings for renovation costs and working capital at the Sakura Plant increased by ¥907.585 million, indicating continued investment in additional plant improvements and preparations for operations. Full production has not yet been disclosed. - FY2019-Q2Delays in Phase 2 and additional construction workAnnual report
「Sales were ¥2,993.022 million, down 0.8% year on year, as delays occurred in Phase 2 and additional construction work at the Sakura Plant, disrupting the production plan.」
The company disclosed that Phase 2 and additional construction work at the Sakura Plant were delayed even after construction of the plant had been completed, disrupting the production plan. - FY2019-Q1AdvancedAnnual report
「Against this business backdrop, the Group constructed the Sakura Plant in Sakura, Chiba Prefecture, equipped with state-of-the-art particleboard manufacturing facilities, in order to pursue a broad product strategy centered on structural materials rather than manufacturing centered on flooring products. The main factor was an increase of ¥369.925 million in construction in progress due to the addition of equipment.」
The company continued adding equipment after completion of the Sakura Plant, and disclosed an increase of ¥369.925 million in construction in progress. Development of the plant's facilities is continuing. - FY2018Cited as achievedAnnual report
「Capital expenditures for the current consolidated fiscal year focused on constructing the building and installing manufacturing equipment for the Sakura Plant in Sakura, Chiba Prefecture, as well as upgrading existing equipment, and totaled ¥7,682.011 million.」
Completion of the Sakura Plant and the start of production were recorded as achievements, together with annual capital expenditures of ¥7,682.011 million. - FY2018-Q3AchievedAnnual report
「To develop products that meet market needs, improve services and promote active sales activities, the Group constructed the Sakura Plant in Sakura, Chiba Prefecture, equipped with state-of-the-art particleboard manufacturing facilities, and began production in October 2017. Filing company: Sakura Plant (Sakura, Chiba Prefecture) Wood and Environmental Solutions Business Production equipment 12,161,707 October 2017」
Construction of the planned Sakura Plant was completed and production began in October 2017. Total investment was ¥12,161.707 million. However, depreciation expenses were incurred in the first year of operations, and the disclosure does not state that stable operations had been established. - FY2018-Q2AdvancedAnnual report
「Against this business backdrop, the Group is building a plant in Sakura, Chiba Prefecture, equipped with state-of-the-art manufacturing facilities capable of efficiently producing a wide range of particleboard products, in order to develop products that meet market needs, improve services and promote active sales activities. The main factors were a decrease of ¥2,451.659 million in cash and deposits due to payments related to construction of the Sakura Plant under construction in Sakura, Chiba Prefecture, an increase of ¥207.892 million in machinery, equipment and vehicles, and an increase of ¥1,974.101 million in construction in progress.」
Construction of the Chiba Plant (Sakura Plant) continued, with construction in progress increasing by ¥1,974.101 million and machinery, equipment and vehicles increasing by ¥207.892 million. Construction of the plant for multi-product manufacturing progressed further, but completion and stable operations were not disclosed. - FY2018-Q1AdvancedAnnual report
「Cash and deposits decreased by ¥1,366.936 million due to construction funding and other payments for the Chiba Plant (provisional name) under construction in Sakura, Chiba Prefecture, while inventories of merchandise and finished products decreased by ¥68.591 million due to increased particleboard shipments. The main factor was an increase of ¥341.594 million in construction in progress.」
Construction in progress for the Chiba Plant (provisional name) increased by ¥341.594 million during the quarter, indicating that plant construction is continuing. Completion and full-scale operations were not disclosed. - FY2017AdvancedAnnual report
「Capital expenditures for the current consolidated fiscal year focused on constructing the building and installing manufacturing equipment for the Chiba Plant (provisional name) under construction in Sakura, Chiba Prefecture, as well as upgrading existing equipment, and totaled ¥7,446.087 million.」
Investment in the Chiba Plant's building and manufacturing equipment progressed during the year, bringing capital expenditures to ¥7,446.087 million. The planned completion date was October 2017, the additional capacity after completion was 10,000 tonnes per month, and the amount already paid was ¥7,157 million. - FY2017-Q3AdvancedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets increased by ¥9,341.426 million from the end of the previous consolidated fiscal year to ¥20,775.232 million. The main factors were an increase of ¥5,014.872 million in construction in progress related to construction of the Chiba Plant (provisional name), an increase of ¥4,185.932 million in cash and deposits due to borrowings and the issuance of bonds, and an increase of ¥287.234 million in notes and accounts receivable.」
Construction in progress for the Chiba Plant (provisional name) increased by ¥5,014.872 million, making progress in plant construction more concrete than in the previous quarter. Completion and full-scale operations were not disclosed. - FY2017-Q2AdvancedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets increased by ¥6,065.834 million from the end of the previous consolidated fiscal year to ¥17,499.641 million. The main factors were an increase of ¥4,345.397 million in construction in progress related to construction of the Chiba Plant (provisional name), and an increase of ¥1,652.985 million in cash and deposits from borrowings and other sources.」
Construction in progress for the Chiba Plant (provisional name) increased by ¥4,345.397 million, while payments for the acquisition of property, plant and equipment through investing activities totaled ¥4,637.419 million. These specific financial developments indicate progress in construction of the plant. - FY2017-Q1AdvancedAnnual report
「Although prices for adhesive raw materials and electricity unit costs declined, segment profit (operating profit) was ¥86.616 million, down 22.0% year on year, due mainly to an increase in taxes and public dues related to the acquisition of the site for the Chiba Plant (provisional name). The main factor was an increase of ¥1,309.219 million in construction in progress.」
Costs related to the acquisition of the site for the Chiba Plant (provisional name) were recorded, and construction in progress increased by ¥1,309.219 million. These specific financial changes indicate progress in the equipment plan, but completion and full-scale operations were not disclosed. - FY2016First statedAnnual report
「In view of future housing construction starts and other factors, the company is building a new production plant equipped with state-of-the-art particleboard manufacturing facilities capable of efficiently producing a wide range of products, including products for applications that are difficult to manufacture with existing equipment, in order to meet diverse demand.」
For the Chiba Plant, the company disclosed an investment of approximately ¥11 billion, planned production of approximately 10,000 tonnes per month, and a planned start of full-scale operations in 2017.