Enhancing Manufacturing Capabilities by Making キョーワ株式会社 a Wholly Owned Subsidiary
First written in FY2016. 18 of 38 entries say "Restated". Latest entry: 2026-11-11.
Sankyo Kasei moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Building materials-related products remained firm, but weak shipments of custom-built and housing-related products resulted in lower revenue. As a result, revenue in the Building Materials Business segment was ¥3,678 million, down 15.4% year on year, and operating profit was ¥109 million, down 47.6% year on year.」
The Building Materials Business, including Kyowa Co., Ltd., reported lower revenue and profit due to weak shipments of custom-built and housing-related products. - FY2026-H1WorsenedAnnual report
「Custom-built products remained firm, but weak shipments of housing-related products resulted in lower revenue. As a result, revenue in the Building Materials Business segment was ¥1,707 million, down 24.2% year on year, and operating profit was ¥32 million, down 43.6% year on year.」
The Building Materials Business, which incorporated manufacturing capabilities, reported lower revenue and profit year on year due to weak shipments of housing-related products. - FY2025AdvancedAnnual report
「Housing-related products and office-related products remained firm, but revenue declined due to weak shipments of custom-built products. As a result, revenue in the Building Materials Business segment was ¥4,347 million, down 17.5% year on year, while operating profit was ¥209 million, up 15.6% year on year.」
Although the Building Materials Business reported lower revenue, operating profit increased 15.6%, demonstrating progress in the profitability of the business, including its manufacturing capabilities. - FY2025-H1AdvancedAnnual report
「As a result, revenue in the Building Materials Business segment was ¥2,250 million, down 3.3% year on year, while operating profit was ¥58 million, up 116.8% year on year.」
Although the Building Materials Business reported lower revenue, operating profit increased 116.8% year on year, demonstrating progress in the profitability of the business after incorporating manufacturing capabilities. - FY2024AdvancedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of furniture and wood products, a wholly owned subsidiary in December 2015 and has continuously worked to expand its business platform and improve Group earnings. As a result, revenue in the Building Materials Business segment was ¥5,267 million, up 5.6% year on year, and operating profit was ¥181 million, up 82.0% year on year.」
The profitability improvement from Kyowa Co., Ltd.'s manufacturing capabilities progressed throughout the year, resulting in higher revenue and an 82.0% increase in operating profit in the Building Materials Business. - FY2024-Q3AdvancedAnnual report
「Demand for housing-related components recovered, driving growth in custom-built components, fittings and kitchen-related products, while new adoption of molding resins also contributed to higher revenue. As a result, revenue in the Building Materials Business segment was ¥3,747 million, up 7.2% year on year, and operating profit was ¥105 million, up 80.6% year on year.」
In the Building Materials Business, including Kyowa Co., Ltd., demand for housing-related components recovered and molding resins were newly adopted, resulting in year-on-year increases in revenue and operating profit. - FY2024-Q2RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is continuously working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2024-Q1AdvancedAnnual report
「As a result, revenue in the Building Materials Business segment was ¥1,162 million, up 22.9% year on year, and operating profit was ¥6 million, up 1.5% year on year.」
The Building Materials Business continued to report higher revenue and profit, demonstrating concrete improvement in the profitability of the business after incorporating manufacturing capabilities. - FY2023AdvancedAnnual report
「As a result, revenue in the Building Materials Business segment was ¥4,988 million, up 18.2% year on year, and operating profit was ¥99 million, compared with an operating loss of ¥14 million in the same period of the previous year.」
The Building Materials Business reported higher revenue and changed from an operating loss to an operating profit. Improvement in the profitability of the manufacturing capabilities, including Kyowa Co., Ltd., was demonstrated. - FY2023-Q3AdvancedAnnual report
「As a result, revenue in the Building Materials Business segment was ¥3,495 million, up 19.2% year on year, and operating profit was ¥58 million, up 36,630.7% year on year.」
The Building Materials Business reported higher revenue, and operating profit also improved significantly from the level recorded in the same period of the previous year. Concrete improvement in the profitability of the manufacturing capabilities, including Kyowa Co., Ltd., was demonstrated. - FY2023-Q2RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is continuously working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2022WorsenedAnnual report
「For the fixed assets of Kyowa Co., Ltd., which belongs to the Building Materials Business segment, where profitability declined significantly during the current consolidated fiscal year, the company reduced their carrying amount to the recoverable amount and recorded the reduction of ¥192.985 million as an impairment loss.」
While manufacturing capabilities in the Building Materials Business were strengthened through Kyowa Co., Ltd., the company recorded an impairment loss of ¥192.985 million on fixed assets due to Kyowa's declining profitability, providing a specific negative factor affecting the improvement of Group earnings. - FY2022-Q3RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is continuously working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2022-Q2RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is continuously working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2022-Q1RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is continuously working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities and improve the profitability of its Building Materials Business through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2021-Q3RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is continuously working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2021-Q2RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is continuously working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2020RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is continuously working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities and improve the profitability of its Building Materials Business through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2020-Q3RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2020-Q2RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2020-Q1RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2019RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business and improve Group earnings through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2019-Q3RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities and improve the profitability of its Building Materials Business through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2019-Q2AdvancedAnnual report
「Meanwhile, strong sales of newly developed kitchen- and office-related products led the company to increase production, offsetting the decline in existing products and resulting in higher revenue.」
Strong sales of newly developed kitchen- and office-related products led to increased production and offset the decline in existing products. - FY2019-Q1AdvancedAnnual report
「Meanwhile, the newly developed kitchen-related products were well received and the company responded by increasing production, but this was not enough to offset the decline in revenue from existing products.」
The newly developed kitchen-related products in the Building Materials Business were well received, prompting the company to increase production. However, they did not fully offset the decline in revenue from existing products. - FY2018RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities of its Building Materials Business through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2018-Q3RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities and improve the profitability of its Building Materials Business through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2018-Q1RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities and improve the profitability of its Building Materials Business through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2017RestatedAnnual report
「In addition, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of various wood products, a wholly owned subsidiary in December 2015, and is working to expand its business platform and improve Group earnings.」
The company continues to strengthen the manufacturing capabilities and improve the profitability of its Building Materials Business through the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary. - FY2017-Q3RestatedAnnual report
「In addition, revenue from Kyowa Co., Ltd. was added following its conversion into a consolidated subsidiary, resulting in a substantial increase in revenue.」
The company continues to explain Kyowa Co., Ltd.'s contribution to revenue following its consolidation. - FY2017-Q2AdvancedAnnual report
「In addition, revenue from Kyowa Co., Ltd. was added following its conversion into a consolidated subsidiary, resulting in a substantial increase in revenue.」
The conversion of Kyowa Co., Ltd. into a consolidated subsidiary was reflected in the revenue of the Building Materials Business. However, Kyowa was operating at an operating loss, which also placed a burden on consolidated earnings. - FY2017-Q1AdvancedAnnual report
「Until then, the Group had operated as a single segment. Following a review prompted by the conversion of Kyowa Co., Ltd., which has manufacturing capabilities, into a consolidated subsidiary, the company changed its reportable segments from the first quarter of the current consolidated fiscal year, dividing them into the Scientific Business and the Building Materials Business.」
The expansion of the business platform following the conversion of Kyowa Co., Ltd. into a wholly owned subsidiary took concrete form in the division into 2 reportable segments. The company also stated that the Building Materials Business's revenue increased due to Kyowa becoming a consolidated subsidiary. - FY2016First statedAnnual report
「In December 2015, to incorporate manufacturing capabilities into and strengthen its building materials business, the company made Kyowa Co., Ltd., whose main business is the manufacture and sale of furniture and wood products, a wholly owned subsidiary.」
The company carried out an acquisition to supplement the manufacturing capabilities of its building materials business and has included the company's profit and loss in its consolidated results since January 2016.