Adding the Synthetic Wood Business Through the Full Subsidiarization of K&M
First written in FY2019. 8 of 18 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Continued Decline in Synthetic Wood Product SalesAnnual report
「合成木材製品 ― 1,004,327 1,004,327」
合成木材製品の売上は1,004,327千円となり、前年度の1,067,267千円から減少した。住宅・建設業界の厳しい市況と新設住宅着工戸数の減少が背景として記載されている。 - FY2026-H1Continued Decline in Synthetic Wood Product SalesAnnual report
「Sales of synthetic wood products declined year on year amid difficult market conditions, including a substantial decline in new housing starts in the housing and construction industries, which also affected the sales volume of the main product, exterior wood decking.」
K&Mを通じた合成木材事業は継続しているが、住宅・建設業界の厳しい市況と新設住宅着工戸数の減少を受け、合成木材製品の売上は前年同期比で減少した。 - FY2025合成木材製品の売上減少Annual report
「合成木材製品 ― 1,067,267 1,067,267」
K&Mを通じた合成木材事業は継続しているが、合成木材製品の売上は前年度の1,234,764千円から1,067,267千円へ減少した。 - FY2024-Q3RestatedAnnual report
「また、合成木材製品については、住宅着工戸数の減少や企業コストの上昇等、エクステリア市場を取り巻く環境は依然厳しく、低調に推移する運びとなりました。」
K&Mの主力製品に含まれる合成木材製品について、住宅着工戸数の減少や企業コスト上昇を背景に低調な状況が続いている。 - FY2024-Q2RestatedAnnual report
「合成木材製品については、エクステリア市場は厳しく住宅関係回りも冷え込んでいる環境下のため、低調に推移いたしました。」
合成木材製品は、厳しいエクステリア市場と住宅関連の冷え込みを背景に低調に推移したと記載している。 - FY2024-Q1Weak performance of synthetic wood deckingAnnual report
「Sales of synthetic wood products were somewhat sluggish, as the core synthetic wood decking business was affected by the downturn in the exterior products market, including lower consumer purchasing appetite.」
K&Mの主力製品に含まれる合成木材デッキについて、消費者の購買意欲低下やエクステリア市場の落ち込みにより売上がやや低調となった。 - FY2022-Q3RestatedAnnual report
「Orders for exterior decking materials remained steady, supported by growing demand for comfortable garden spaces at homes and other factors, and sales performed well.」
The company has reconfirmed that orders for exterior decking materials, one of K&M's core products, remained steady and sales performed well against a backdrop of demand for garden spaces. - FY2022-Q2RestatedAnnual report
「Sales of exterior decking materials performed well as orders remained steady, supported by growing demand for comfortable garden spaces at homes and other factors.」
The company has reconfirmed that orders for exterior decking materials, one of K&M's core products, remained steady and sales performed well against a backdrop of demand for garden spaces. - FY2022-Q1AdvancedAnnual report
「Sales of exterior decking materials increased as orders remained steady, supported by growing demand for comfortable garden spaces at homes and other factors.」
Orders for exterior decking materials, one of K&M's core products, remained steady against a backdrop of growing demand for garden spaces, leading to higher sales. - FY2021RestatedAnnual report
「In addition, materials for public-sector projects and decking materials for exterior applications performed broadly in line with the previous fiscal year.」
The company stated that exterior decking materials, one of K&M's core products, performed broadly in line with the previous fiscal year, together with materials for public works projects. - FY2021-Q3RestatedAnnual report
「Materials for public-sector projects and decking materials for exterior applications performed steadily on the basis of stable orders.」
The company stated that exterior decking materials, one of K&M's core products, performed well on the back of steady orders, together with materials for public works projects. - FY2021-Q2RestatedAnnual report
「Meanwhile, the direct impact of the infectious disease on materials for public-sector projects and decking materials for exterior applications was limited, and sales were steady on the back of stable orders.」
The company has reconfirmed that orders and sales for exterior decking materials, one of K&M's core products, remained steady together with materials for public works projects. - FY2021-Q1RestatedAnnual report
「The company maintained a certain level of orders for exterior decking materials.」
The company stated that it maintained a certain level of orders for exterior decking materials, one of K&M's core products, reconfirming the continuation of the business following its acquisition as a subsidiary. - FY2020AdvancedAnnual report
「Sales and earnings from K&M Co., Ltd.'s synthetic wood products, including decking and fencing materials, also contributed, resulting in sales of ¥2.673 billion, up 54.2% year on year, and operating profit of ¥131 million, up 168.2% year on year.」
Sales and earnings from K&M's synthetic wood products contributed to the industrial materials segment for the full fiscal year. The segment reported sales of ¥2.673 billion and operating profit of ¥131 million. - FY2020-Q3AdvancedAnnual report
「Sales of K&M Co., Ltd.'s exterior products, including its synthetic wood decking and fencing materials, also contributed, resulting in sales of ¥1.910 billion, up 45.2% year on year, and operating profit of ¥91 million, up 84.8% year on year.」
Sales of K&M's decking and fencing materials continued to contribute through the third quarter, and the industrial materials segment reported sales of ¥1.910 billion and operating profit of ¥91 million. Segment assets related to industrial materials also increased by ¥879.218 million as a result of the acquisition of K&M. - FY2020-Q2AdvancedAnnual report
「Sales of K&M Co., Ltd.'s exterior products, including decking and fencing materials, also contributed, resulting in sales of ¥1.192 billion, up 34.4% year on year, and operating profit of ¥73 million, up 373.4% year on year.」
Sales of K&M's decking and fencing materials were added to the industrial materials segment in the second quarter. The segment reported sales of ¥1.192 billion and operating profit of ¥73 million. - FY2020-Q1AdvancedAnnual report
「The company acquired all shares of K&M Co., Ltd. on 10 April 2019 and made it a consolidated subsidiary. Sales of K&M's exterior products, including decking and fencing materials, also contributed, resulting in sales of ¥764 million, up 68.4% year on year, and operating profit of ¥51 million, up 208.4% year on year.」
Following its acquisition as a wholly owned subsidiary on 10 April 2019, K&M was included in the scope of consolidation from the first quarter. Sales of decking and fencing materials, among others, were added to the industrial materials segment. The industrial materials segment reported sales of ¥764 million and operating profit of ¥51 million. - FY2019AchievedAnnual report
「On 10 April 2019, the company made K&M Co., Ltd. a wholly owned subsidiary. Its core product, synthetic wood, was developed using environmentally considerate raw materials. The company expects the business to strengthen the Group's technical capabilities in profile extrusion processing and contribute to growth in plastic products by pursuing applications across a broad range of industrial fields in response to changes in the future business environment.」
The company conducted a share exchange on 10 April 2019 and made K&M a wholly owned subsidiary. It disclosed applications of K&M's profile extrusion technology and R&D capabilities in joint procurement, developing sales channels, and new business development. The share exchange ratio was 1 for the company to 1.46 for K&M, and 173,740 shares were issued.