Commercialization and branding of locally sourced materials through the establishment of the Shobara Plant
First written in FY2023-Q3. 2 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Cited as achievedAnnual report
「This report describes the company's initiatives addressing climate change and social contribution activities, including the one's art project and tours of the Shobara Plant of domestic group subsidiary Forest One, as well as the company's approach to and examples of its response to material issues. It aims to communicate with a wide range of stakeholders.」
Tours of the Shobara Plant are cited in the Sustainability Report 2025 as an example of social contribution and action. - FY2025-H1Cited as achievedAnnual report
「Ordinary profit includes ¥330 million in subsidy income related to capital investment and other spending on the new Shobara plant of domestic group subsidiary Forest One.」
The company disclosed that ordinary profit includes ¥330 million in subsidy income related to capital investment and other spending on the new Shobara plant. - FY2024AchievedAnnual report
「In April 2024, a domestic subsidiary began operating a new sawmill for domestic timber in Shobara City, Hiroshima Prefecture.」
The company reached the start of operations in April 2024 for the new plant and sawmilling facilities in Shobara City. - FY2024-Q3AdvancedAnnual report
「The ¥5,011 million increase in property, plant and equipment and intangible assets was mainly attributable to a ¥3,502 million increase in property, plant and equipment, excluding the impact of foreign exchange, an increase of ¥412 million, resulting from an increase in standing trees and other assets at the New Zealand subsidiary and increased capital investment in the new Shobara plant of domestic group subsidiary Forest One, despite impairment losses on assets not expected to be used in the future in connection with the subsidiary's business restructuring.」
Capital investment and other spending on the new Shobara plant were disclosed as factors behind the increase in property, plant and equipment, and plant development is progressing. - FY2023AdvancedAnnual report
「The company will establish a new plant in Shobara City and install sawmilling, drying and processing functions, scheduled for completion in April 2024, with the aim of commercializing and branding products using locally sourced materials, primarily from Shobara City.」
The company made concrete its plan to install sawmilling, drying and processing functions at the Shobara Plant, scheduled for April 2024. - FY2023-Q3First statedAnnual report
「In November 2022, the company, Shobara City and group subsidiary Forest One entered into a location agreement. The company will establish a new plant in Shobara City, equipped with sawmilling, drying and processing functions, with the aim of commercializing and branding products using locally sourced materials, primarily from Shobara City.」
The company entered into a location agreement with Shobara City and announced a new initiative to commercialize and brand locally sourced materials by establishing a new plant and installing sawmilling, drying and processing functions.