Shin-Etsu Polymer (7970) · InitiativeRestated
Withdrawal from the vinyl siding business
First written in FY2017-Q2. 1 of 2 entries say "Achieved", first in FY2017-Q2. Latest entry: FY2017-Q3.
2entries
2years
0from disclosures
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Same theme, other companies
Withdrawal from the vinyl siding businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
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- FY2017-Q3RestatedAnnual report
「Sales of exterior-material products fell below the previous year, reflecting generally sluggish product movement as well as lower sales following the Group's exit from the resin siding business.」
The exit from the resin siding business continues to be cited as a factor behind lower sales of exterior-material products. - FY2017-Q2AchievedAnnual report
「Sales of exterior-material products fell below the previous year. Although there was demand for disaster recovery and reconstruction in Kyushu and other areas, sales declined following the Group's exit from the resin siding business.」
The completed exit from the resin siding business is described as a business change that contributed to lower sales of exterior-material products.