Response to the raised-floor market
First written in FY2018-Q3. 3 of 15 entries say "Restated". Latest entry: FY2023.
5 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「In the wood-based board business, against a backdrop of solid demand for particleboard, efforts to expand sales to existing customers and develop new customers resulted in sales of ¥7,901 million, up 52.5% year on year.」
Efforts to expand sales to existing customers and develop new customers resulted in annual sales in the wood-based board business rising 52.5% year on year. - FY2023-Q2AdvancedAnnual report
「In the wood-based board business, against a backdrop of solid demand for particleboard, efforts to expand sales to existing customers and develop new customers resulted in sales of ¥3,091 million for the cumulative second quarter of the current consolidated fiscal year, up 24.9% year on year.」
In the wood-based board business, including raised flooring, sales to existing customers were expanded and new customers developed, resulting in a 24.9% year-on-year increase in sales. - FY2022-Q3Expanded raised-floor sales continuedAnnual report
「In the wood-based board business, sales of decorative particleboard remained sluggish, but efforts to develop new customers and expand raised-floor sales resulted in sales of ¥3,844 million for the cumulative third quarter of the current consolidated fiscal year, up 10.3% year on year.」
Although sales of decorative particleboard remained sluggish, sales in the wood-based board business rose 10.3% year on year due to new-customer development and expanded raised-floor sales. - FY2022-Q2Expanded raised-floor sales, but profitability deterioratedAnnual report
「In the wood-based board business, sales of decorative particleboard remained sluggish, but efforts to develop new customers and expand raised-floor sales resulted in sales of ¥2,474 million for the cumulative second quarter of the current consolidated fiscal year, up 13.4% year on year.」
Sales in the wood-based board business rose 13.4% year on year due to new-customer development and expanded raised-floor sales, although sales of decorative particleboard remained sluggish. - FY2021-Q3Sales decline continued, but the business returned to profitabilityAnnual report
「In the wood-based board business, in addition to the impact of closing the particleboard plant at the Yamaguchi and Hirao facilities at the end of September 2019 following the establishment of ＥＮボード株式会社, the business was affected by the spread of COVID-19. As a result, sales for the cumulative third quarter of the current consolidated fiscal year were ¥3,484 million, down 20.5% year on year. Although improving the gross margin and reducing selling expenses had some effect, this was not enough to absorb personnel and other costs at ＥＮボード株式会社, which was preparing to begin operations. Segment profit was ¥33 million, down 86.6% year on year.」
Although the decline in sales caused by the plant closure and the impact of the pandemic, as well as the costs of preparing ENボード for operations, continued, segment results improved from a loss in the second quarter to profit of ¥33 million. - FY2021-Q2Sales decline continued, while ENボード costs remained a burdenAnnual report
「In the wood-based board business, in addition to the impact of closing the particleboard plant at the Yamaguchi and Hirao facilities at the end of September 2019 following the establishment of ＥＮボード株式会社, the business was affected by the COVID-19 pandemic. As a result, sales for the cumulative second quarter of the current consolidated fiscal year were ¥2,183 million, down 26.3% year on year. Although improving the gross margin and reducing selling expenses had some effect, this was not enough to absorb personnel and other costs at ＥＮボード株式会社, which was preparing to begin operations. The segment therefore recorded a loss of ¥6 million, compared with segment profit of ¥141 million in the same period of the previous year.」
Sales of wood-based boards declined due to the plant closure and the impact of COVID-19, while the costs of preparing ENボード for operations also weighed on results. - FY2020Raw particleboard sales struggles and impact of plant closureAnnual report
「In the wood-based board business, raw particleboard for raised flooring, woodworking, and other applications struggled in terms of sales. In addition, the particleboard plant at the Yamaguchi-Hirao site was closed at the end of September 2019 following the establishment of ENボード, resulting in lower sales volumes of raw particleboard.」
The company describes a shift from the previous sales opportunities created by addressing the raised-floor market to difficulties in raw particleboard sales and lower sales volumes following the closure of the Yamaguchi-Hirao plant. - FY2020-Q3AdvancedAnnual report
「As announced in the notice dated 24 April 2019 entitled "Notice Regarding the Establishment of a Joint Venture (Consolidated Subsidiary), etc.," the particleboard plant at the Yamaguchi-Hirao site was closed at the end of September. As a result, sales volumes of raw particleboard declined, but the company worked to secure profit by improving its gross margin and reducing selling expenses.」
The particleboard plant at the Yamaguchi-Hirao site was closed at the end of September, resulting in lower sales volumes of raw particleboard. The company is also working to secure profit by improving its gross margin and reducing selling expenses. - FY2020-Q2Sales volumes declined amid preparations to close a plantAnnual report
「As announced in the notice dated 24 April 2019 entitled "Notice Regarding the Establishment of a Joint Venture (Consolidated Subsidiary), etc.," sales volumes of raw particleboard declined partly because preparations were under way to close the particleboard plant at the Yamaguchi-Hirao site at the end of September.」
Preparations to close the particleboard plant at the Yamaguchi-Hirao site progressed in connection with the establishment of ENボード, resulting in lower sales volumes of raw particleboard. - FY2020-Q1Raw particleboard sales struggledAnnual report
「In the wood-based board business, raw particleboard for raised flooring, woodworking, and other applications struggled in terms of sales. Sales of decorative particleboard also remained sluggish despite efforts to develop new customers.」
The company describes a shift from the previous difficulties in raised flooring to sales difficulties across raw particleboard generally, including products for raised flooring and woodworking. Sales of decorative particleboard also remained sluggish. - FY2019-Q3Raised flooring struggled amid intensifying sales competitionAnnual report
「In the wood-based board business, raised flooring, where sales had remained strong, struggled amid intensifying sales competition.」
Conditions changed from strong sales driven by a proactive response to the raised-floor market to a situation in which raised flooring struggled amid intensifying sales competition. - FY2019-Q2RestatedAnnual report
「In the wood-based board business, sales of raw particleboard, mainly for raised flooring, continued to remain strong, while sales of decorative particleboard remained sluggish.」
The company continued to report strong sales of raw particleboard, mainly for raised flooring, while sales of decorative particleboard remained sluggish. - FY2019-Q1RestatedAnnual report
「In the wood-based board business, sales of raw particleboard, mainly for raised flooring, remained strong, while sales of decorative particleboard remained sluggish.」
The company reported strong sales of raw particleboard, mainly for raised flooring, while sales of decorative particleboard remained sluggish. - FY2018RestatedAnnual report
「Revenue increased year on year as a result of proactively addressing strong demand in the raised-floor market.」
The company continued to report its response to strong demand in the raised-floor market and the resulting increase in revenue through the full fiscal year. - FY2018-Q3First statedAnnual report
「Revenue increased year on year as a result of proactively addressing strong demand in the raised-floor market.」
The company describes its response to strong demand in the raised-floor market as a new market opportunity. The specific measures taken are not stated here.