Strengthening the Textile Business Platform through the Acquisition of a Triacetate Fiber Business
First written in FY2025-H1. 6 of 10 entries say "Advanced", first in FY2026-H1. Latest entry: 2026-08-25.
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- FY2026AdvancedAnnual report
「In addition, profitability improved as we withdrew from unprofitable businesses, while the triacetate fiber business acquired in the previous fiscal year contributed. Net sales increased 36.4% year on year to ¥26,716 million, and operating income increased 98.7% to ¥1,625 million.」
The acquired triacetate fiber business contributed to higher revenue and profit in the Outerwear segment for the full fiscal year, confirming its contribution to results after commencing full-scale operations. - FY2026-H1AdvancedAnnual report
「Exports of fabrics to the United States and OEM/ODM transactions for products remained steady. In addition, earnings improved as the withdrawal from unprofitable businesses progressed and the triacetate fiber business acquired in the previous fiscal year began full-scale operations. Revenue was ¥12,680 million, up 40.0% year on year, and operating profit was ¥652 million, up 7.4%.」
The triacetate fiber business acquired in FY2025 began full-scale operations and contributed to improved profitability in the Outerwear segment, along with progress in withdrawing from unprofitable businesses. - FY2025AchievedAnnual report
「On 3 March 2025, we acquired from Mitsubishi Chemical Corporation the triacetate fiber business operated by Mitsubishi Chemical and its shares in 菱光サイジング株式会社, after transferring these businesses to 株式会社ソアロン through an absorption-type company split, and made the company a wholly owned subsidiary.」
The acquisition of the triacetate fiber business and shares in the related company was completed on 3 March 2025, and 株式会社ソアロン and 株式会社GSIソアロンテキスタイルラボ became consolidated subsidiaries. - FY2025-H1First statedAnnual report
「On 9 September 2024, we agreed with Mitsubishi Chemical Corporation (hereinafter, “Mitsubishi Chemical”) to transfer Mitsubishi Chemical’s triacetate fiber business and its shares in 菱光サイジング株式会社 to a newly established company (hereinafter, the “Target Company”) through an absorption-type company split, after which we would acquire all shares of the Target Company and make it a wholly owned subsidiary. We subsequently entered into a share transfer agreement.」
On 9 September 2024, we entered into an agreement to acquire all shares of a company holding Mitsubishi Chemical’s triacetate fiber business and related assets and make it a wholly owned subsidiary. The business combination is scheduled for 3 March 2025, with an acquisition ratio of 100% of voting rights, and the plan aims to improve business value, competitiveness and profitability by combining it with the existing textile business.