Improving the business structure through the closure and integration of overseas production facilities
First written in FY2016. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q3.
14 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「JSP Sheet Foam LLC was liquidated during the first quarter.」
The Company's third-quarter report for the current fiscal year reiterated that JSP Sheet Foam LLC was liquidated during the first quarter and excluded from the scope of consolidation. - FY2022-Q2RestatedAnnual report
「JSP Sheet Foam LLC was liquidated during the first quarter.」
The Company's second-quarter report for the current fiscal year reiterated that JSP Sheet Foam LLC was liquidated during the first quarter. - FY2022-Q1AdvancedAnnual report
「(Beads business) JSP Sheet Foam LLC was liquidated during the first quarter of the current fiscal year.」
JSP Sheet Foam LLC was liquidated and excluded from the scope of consolidation. The reorganisation of the overseas subsidiary and business structure has progressed to the concrete stage of liquidation. - FY2021AdvancedAnnual report
「Losses associated with the withdrawal of a consolidated US subsidiary from the electron-beam-crosslinked expanded polyethylene sheet business」
The consolidated US subsidiary withdrew from the electron-beam-crosslinked expanded polyethylene sheet business and recorded a ¥242 million loss on the liquidation of a subsidiary. The restructuring of the overseas business has progressed to the concrete stage of withdrawal. - FY2016First statedAnnual report
「Extraordinary losses increased because ¥383 million was recorded as costs for improving the business structure of the European sub-subsidiary in Germany, relating to the planned closure of its ageing moulding plant in March 2017, and ¥157 million was recorded as costs for improving the business structure of the subsidiary in Brazil, relating to the closure of its moulding plant in December 2015 and its relocation and integration with a plant producing expanded beads.」
In Germany, the closure of an ageing plant was planned, while in Brazil, the moulding plant was closed and relocated and integrated with the expanded-bead production plant.