Combining Group Capabilities through “Strategy Alignment” and Reorganizing the Business by Value-Chain Segment
First written in FY2016-Q2. 4 of 11 entries say "Restated". Latest entry: FY2024-Q2.
1 other company's latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, the Group changed the reportable segment classification of Iwaki Seiyaku Sakura Plant Co., Ltd., previously classified under the Pharmaceuticals business, to the Fine Chemicals business.」
The reportable segment reorganization changing the Sakura Plant from the Pharmaceuticals business to the Fine Chemicals business continued to apply in the second quarter. - FY2024-Q1ReframedAnnual report
「From the first quarter of the current consolidated fiscal year, the Group changed the reportable segment of Iwaki Seiyaku Sakura Plant Co., Ltd. from the previous Pharmaceuticals business to the Fine Chemicals business, with the aim of accelerating growth in the Fine Chemicals business.」
The business reconfiguration approach was implemented through the reportable segment change transferring the Sakura Plant from the Pharmaceuticals business to the Fine Chemicals business. - FY2022AdvancedAnnual report
「As a basic policy for rebuilding its business strategy, the Group defined 6 business models under 3 sustainability strategies aimed at enhancing the sustainability of industry, technology and society, and will advance the Group’s medium- to long-term vision, Astena 2030 “Diversify for Tomorrow.”」
The previous concepts of a solution portfolio and value chains were given concrete form as a business strategy centered on 3 sustainability strategies and 6 business models. - FY2020ReframedAnnual report
「The Group’s Fine Chemicals and HBC and Food businesses occupy central positions in the commercial and technology value chains. Going forward, the Group will actively invest in highly competitive adjacent areas, connect them to realize value chains, and deliver new value propositions.」
The previous solution portfolio and value-chain reconfiguration were reframed under the new vision as a shift toward platform businesses through investment in and connection of adjacent areas. - FY2020-Q1AdvancedAnnual report
「Following a review of its management reporting classifications and internal organization, the Group changed its reportable segments as follows from the first quarter of the current consolidated fiscal year.」
Following a review of its management reporting classifications and internal organization, the Group changed the Pharmaceuticals and FC business into separate Fine Chemicals and Pharmaceuticals businesses, and combined the HBC and Food businesses into the HBC and Food business. - FY2019AdvancedAnnual report
「The Group decided to change its reportable segments from “Pharmaceuticals and FC,” “HBC,” “Chemicals” and “Food” for the current consolidated fiscal year to “Fine Chemicals,” “Pharmaceuticals,” “HBC and Food” and “Chemicals” from the following consolidated fiscal year, the fiscal year ending November 2020.」
The approach of reconfiguring businesses around value chains was implemented through the reorganization of reportable segments from the following consolidated fiscal year. - FY2018RestatedAnnual report
「The Group will shift from its traditional business model of providing customers with a product lineup to a “solution portfolio” (sakuzoroe) business model that provides all capabilities needed to address their challenges, thereby establishing a structure capable of meeting their diverse needs through a one-stop service.」
The Group reconfirmed the shift to a solution portfolio and its policy of providing Group capabilities through a one-stop service to address customer challenges as its medium- to long-term strategy. - FY2017RestatedAnnual report
「The Group will shift from its traditional business model of providing customers with a product lineup to a “solution portfolio” (sakuzoroe) business model that provides all capabilities needed to address their challenges, thereby establishing a structure capable of meeting their diverse needs through a one-stop service.」
The Group reconfirmed its policy of providing its capabilities through a one-stop service to address customer challenges, centered on the solution portfolio, and its approach of organizing the 4 segments by value chain. - FY2016AdvancedAnnual report
「The Group will accelerate the pace of transformation by integrating and operating business divisions that had previously been managed independently according to the value chain of each product. At the same time, it will seek to enhance management of its resources by thoroughly reviewing business procedures, redefining various internal systems and rules, and updating business systems.」
In addition to the solution portfolio and business reconfiguration by value chain, the Group specified the integration and operation of business divisions, redefinition of business procedures and internal systems, and updating of business systems. - FY2016-Q3RestatedAnnual report
「From the first quarter of the consolidated fiscal year, the Group reconfigured its existing businesses into units with clear value chains to provide an integrated set of solutions by meeting the diverse needs of customers and business partners in addressing their challenges with all of the Group’s capabilities. Accordingly, it changed its reportable segments from the previous classification to the following 4 segments.」
The 4 business segments organized by value chain for the purpose of providing an integrated set of solutions continue to apply. - FY2016-Q2First statedAnnual report
「To provide an integrated set of solutions by meeting the diverse needs of customers and business partners in addressing their challenges with all of the Group’s capabilities, the Group reconfigured its existing businesses into units with clear value chains. Accordingly, it changed its reportable segments from the previous classification to the following 4 segments.」
The existing businesses were reconfigured around customer challenges by value chain and changed to 4 segments.