Wakita & (8125) · InitiativeRestated
Improving the Profitability of the Trading Business by Withdrawing from the Stone Materials and Health Foods Divisions
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2020-Q1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Improving profitability by streamlining and exiting unprofitable businessesA theme 73 companies write about · 2 as a headwind · 76 as a tailwind
10 other companies' latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 73 companies compared. The sentences above are computed from all 73.Full recordFilings, disclosures and news, newest first
- FY2020-Q1RestatedAnnual report
「In the Trading Business, orders declined as competition for amusement equipment and other products intensified. In addition, the company withdrew from the stone materials and health foods businesses after determining that an improvement in profitability was unlikely. As a result, sales and profit for the business as a whole declined.」
The Company continued to explicitly identify its withdrawal from the stone materials and health food segments in its explanation of the trading business's performance for the current quarter. - FY2019First statedAnnual report
「In addition, the Company withdrew from the stone materials and health food businesses after determining that a recovery in profitability was unlikely, among other factors.」
The Company disclosed for the first time that its withdrawal from the stone materials and health food segments, where it determined that a recovery in profitability was unlikely, was a performance factor for the trading business.