Expansion and renewal of production facilities and capacity expansion at the Kinuura Plant
First written in FY2016. 14 of 19 entries say "Advanced", first in FY2017. Latest entry: FY2024.
- FY2024Cited as achievedAnnual report
「During the previous medium-term management plan period (April 2021 to March 2024), the Company substantially expanded production capacity and increased its supply capacity.」
The production-capacity expansion during the previous medium-term management plan period was cited as an achievement that increased supply capacity. - FY2023AdvancedAnnual report
「In Japan, construction to expand production capacity at the Company's Nagoya Plant was completed in March 2023, and operations began in May. In the United States, the new plant began operations in June 2022, with production capacity being expanded. The Company expects to achieve the targeted production-capacity increase by March 2024.」
Expansion work at the Nagoya Plant was completed in March 2023, and the new U.S. plant began operations in June 2022. The Company expects to achieve an approximately 20% increase in combined production capacity in Japan and the United States by March 2024. - FY2023-Q3AdvancedAnnual report
「NICHIHA CORPORATION; Nagoya Plant (Minato-ku, Nagoya); exterior materials business; ceramic siding production equipment; ¥5,200 million; ¥3,740 million; internal funds and borrowings; January 2022; March 2023; 2%」
For the Nagoya Plant's ceramic siding production equipment expansion plan, the amount paid to date increased from ¥959 million to ¥3.740 billion, indicating progress on the investment. The planned completion date remained March 2023, with a post-completion capacity increase of 2%. - FY2023-Q2SoftenedAnnual report
「Although completion had been planned for November 2022, the schedule was changed to March 2023 due to delays in procuring equipment and other factors.」
For the Nagoya Plant's ceramic siding production equipment, with total investment of ¥5.2 billion and a planned 2% increase in production capacity, the planned completion date was changed from November 2022 to March 2023. Delays in procuring equipment and other factors were cited as the reasons. - FY2023-Q1AdvancedAnnual report
「In non-current assets, property, plant and equipment increased by ¥2.711 billion, while investments and other assets decreased by ¥704 million, resulting in an overall ¥1.991 billion increase.」
At the end of the first quarter, property, plant and equipment had increased by ¥2.711 billion from the end of the previous fiscal year, reflecting progress in investment in production facilities and related assets. - FY2022-Q3AdvancedAnnual report
「NICHIHA CORPORATION; Nagoya Plant (Minato-ku, Nagoya); exterior materials business; ceramic siding production equipment; planned investment totaling ¥5,200 million, amount paid to date ¥959 million; start: January 2022; completion: November 2022; post-completion capacity increase: 2%」
For the Nagoya Plant's ceramic siding production equipment expansion plan, the Company disclosed total investment of ¥5.2 billion, investment paid to date of ¥959 million and a planned 2% increase in production capacity after completion. The project is intended to support the shift toward higher value-added products. - FY2022-Q2AdvancedAnnual report
「NICHIHA CORPORATION; Nagoya Plant (Minato-ku, Nagoya); exterior materials business; ceramic siding production equipment; ¥5,200 million; —; internal funds and borrowings; January 2022; November 2022; 2%」
A new plan was finalized to install ceramic siding production equipment totaling ¥5.2 billion at the Nagoya Plant to support the shift toward higher value-added products. Work was scheduled to start in January 2022 and finish in November of the same year, with production capacity expected to increase by 2% after completion. - FY2022-Q1AdvancedAnnual report
「In non-current assets, property, plant and equipment increased by ¥1.589 billion, while investments and other assets decreased by ¥577 million, resulting in an overall ¥941 million increase.」
At the end of the quarter, property, plant and equipment had increased by ¥1.589 billion from the end of the previous fiscal year, reflecting progress in investment in production facilities and related assets. - FY2021AdvancedAnnual report
「Including the productivity improvements undertaken to date, the Company plans to increase total production capacity in Japan and at its new U.S. plant by approximately 20%.」
The new medium-term management plan explicitly set out a plan to increase total production capacity in Japan and the United States by approximately 20% through investment to expand capacity at bottleneck processes in Japan and the new U.S. plant. - FY2021-Q3AdvancedAnnual report
「In non-current assets, property, plant and equipment increased by ¥5.464 billion and investments and other assets increased by ¥852 million, resulting in an overall ¥6.319 billion increase.」
Property, plant and equipment increased by ¥5.464 billion from the end of the previous fiscal year, while construction in progress reached ¥13.036 billion, indicating progress in investment associated with production-facility expansion. - FY2021-Q2AdvancedAnnual report
「Cash used in investing activities was ¥6.145 billion, an increase of ¥2.873 billion year on year. This mainly reflected ¥6.097 billion in cash outflows for the acquisition of property, plant and equipment, up ¥1.308 billion year on year.」
Acquisitions of property, plant and equipment during the six months ended the second quarter totaled ¥6.097 billion, an increase of ¥1.308 billion year on year. Construction in progress also increased from ¥6.968 billion to ¥12.061 billion, indicating progress in investment in production facilities. - FY2021-Q1AdvancedAnnual report
「In non-current assets, property, plant and equipment increased by ¥3.563 billion, while investments and other assets decreased by ¥203 million, resulting in an overall ¥3.402 billion increase.」
At the end of June 2020, property, plant and equipment had increased by ¥3.563 billion from the end of the previous fiscal year, reflecting progress in investment in non-current assets, including production facilities. - FY2020SoftenedAnnual report
「Planned investment: ¥16,000 million in total; amount paid to date: ¥6,241 million; start: July 2018; completion: during 2021; post-completion capacity increase: approximately 6%」
For the Macon Plant in the United States, the Company disclosed planned investment of ¥16 billion and investment paid to date of ¥6.241 billion. The planned completion date was delayed from October 2020 to March 2021 to sometime in 2021. - FY2020-Q3AdvancedAnnual report
「In property, plant and equipment, fixed tangible assets increased by ¥3.636 billion, while investments and other assets decreased by ¥530 million, resulting in an overall ¥2.923 billion increase in non-current assets.」
At the end of the third quarter, property, plant and equipment had increased by ¥3.636 billion, while construction in progress rose from ¥294 million at the end of the previous fiscal year to ¥5.693 billion. The disclosure described changes in the financial position reflecting progress in capital investment and production-facility expansion. - FY2020-Q2AdvancedAnnual report
「Cash used in investing activities was ¥3.271 billion, an increase of ¥1.921 billion year on year. This mainly reflected ¥4.789 billion in cash outflows for the acquisition of property, plant and equipment, up ¥3.455 billion year on year, partly offset by ¥928 million in proceeds from the sale of property, plant and equipment and intangible assets, up ¥924 million year on year.」
Acquisitions of property, plant and equipment during the six months ended the second quarter totaled ¥4.789 billion, an increase of ¥3.455 billion year on year. Investment in production facilities and related assets expanded from the same period of the previous year. - FY2019AdvancedAnnual report
「Planned investment: ¥15,000 million in total; start: July 2018; completion: October 2020 to March 2021; post-completion capacity increase: approximately 6%」
The Company finalized a plan to build new production facilities totaling ¥15 billion at its Macon Plant in the United States, with completion scheduled from October 2020 to March 2021 and capacity expected to increase by approximately 6%. - FY2018RestatedAnnual report
「During the consolidated fiscal year, capital investment and related expenditures totaled ¥2.893 billion, primarily in the exterior materials business.」
The Company made ¥2.893 billion in capital investments, primarily in the exterior materials business, and continued to renew and expand facilities at the Nagoya, Iwaki and Shimonoseki plants and at its U.S. subsidiaries. - FY2017AdvancedAnnual report
「During the consolidated fiscal year, capital investment and related expenditures totaled ¥6.741 billion, primarily in the exterior materials business.」
Full-year capital investment totaled ¥6.741 billion, strengthening the supply structure for core products through measures including expanded production lines at the Kinuura Plant. - FY2016First statedAnnual report
「The Group makes capital investments and related expenditures to expand, renew and rationalize production facilities to improve product competitiveness, conserve the environment and rationalize administrative operations.」
Capital investment for the current period totaled ¥3.738 billion. Coal pulverizing equipment for power generation at the Nagoya Plant and ceramic siding production equipment at Nichiha Mtech's Kinuura Plant were scheduled for completion in May 2017, with capacity planned to increase by approximately 4% after completion.