Domestic transactions in the synthetic resin-related business remained firm, while exports of metal products were sluggish
First written in FY2018-Q3. 1 of 2 entries say "Reframed", first in FY2019. Latest entry: FY2019.
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- FY2019ReframedAnnual report
「From the current consolidated fiscal year, the company reorganized its organization, changing from a headquarters-and-group structure based on product categories, comprising 5 headquarters—Chemicals, Petroleum Products, Functional Materials, Synthetic Resins and Functional Building Materials—to a business-division and business-department structure centered on groups of mutually related businesses, comprising 3 business divisions—the First, Second and Third Business Divisions—and the Automotive Business Division, which is independent of those business divisions.」
The Synthetic Resins-Related Business is no longer an independent reporting segment and is now reported after being reorganized into the Third Business and other businesses centered on groups of related businesses. - FY2018-Q3First statedAnnual report
「Domestic transactions involving resin materials, films and amusement products remained steady in the synthetic resins business, while export transactions involving metal products such as turbine rotors remained sluggish. As a result, sales were ¥21.847 billion, down 6.1% year on year. Segment profit was ¥124 million, down 7.7%.」
In the Synthetic Resins-Related Business, some domestic transactions remained steady, but both sales and segment profit declined because exports of metal products were sluggish.