Optimization of Global Production Systems and Restructuring of Unprofitable Plants
First written in FY2016. 7 of 15 entries say "Advanced", first in FY2017. Latest entry: FY2026.
64 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company seeks to improve profitability by reviewing its portfolio of unprofitable businesses and optimizing its global supply structure.」
The company explicitly identifies a review of the portfolio of unprofitable businesses. In the chemical products segment, operating income increased 73.7% through a review of unprofitable businesses and stabilization of raw material prices. - 2026-05-12AdvancedRevisions to earnings forecasts
「In addition, to strengthen our management foundation for sustainable growth, we sought to improve profitability by reviewing the portfolio of unprofitable businesses and optimizing our global supply system, while working to earn the trust of customers.」
The company explicitly identifies reviewing the portfolio of unprofitable businesses and optimizing its global supply system as initiatives to improve profitability. - FY2026-H1AdvancedAnnual report
「Profit increased as manufacturing costs declined following progress in cost reductions driven by stabilizing raw material prices and downsizing unprofitable businesses.」
The company states that, in addition to the previous closure and suspension of operations at unprofitable plants, downsizing unprofitable businesses reduced manufacturing costs, indicating measures and effects related to optimizing the global production network and earnings structure. - FY2022RestatedAnnual report
「Manufacturing and sales of soundproofing materials for home appliances performed well, helped by the economic recovery in Europe and the United States and improvements in the earnings structure resulting from the closure of unprofitable plants and other measures.」
The benefits of improvements in the earnings structure from closing unprofitable plants and other measures continue to be reflected in the performance of the industrial materials segment. - FY2022-Q3AdvancedAnnual report
「Manufacturing and sales of soundproofing materials for home appliances performed well, helped by the economic recovery in Europe and the United States and improvements in the earnings structure resulting from the closure of unprofitable plants and other measures. Revenue in this segment was ¥10,534 million, up 13.6%, while operating income was ¥616 million, up 111.4%.」
The benefits of improvements in the earnings structure from closing unprofitable plants and other measures were reflected in the performance of the industrial materials segment, whose operating income increased 111.4% year on year. - FY2021AdvancedAnnual report
「The soundproofing materials plant at the Mie Plant in the industrial materials segment ceased operations and became idle as manufacturing sites were consolidated, while the chemical products plant of HANGUK in South Korea ceased operations and became idle as production was transferred overseas in response to changes in the business environment,」
As specific measures to optimize the global production network, the company consolidated manufacturing sites at the Mie Plant and transferred the HANGUK plant in South Korea overseas and ceased its operations, recording an impairment loss of ¥178 million. - FY2021-Q2The industrial materials segment's loss widened due to higher restructuring costsAnnual report
「The company reported lower revenue and lower profit because the loss increased as a result of higher costs and other factors related to structural reforms.」
The company states that, while pursuing structural reforms, the loss in the industrial materials segment increased because of higher related costs and other factors. - FY2020RestatedAnnual report
「Against this backdrop, the Group is working to optimize its global production network while focusing on market trends in its core automotive and electronic components industries, and is promoting the development of differentiated products and further expansion into overseas markets,」
The company continues to promote optimization of its global production network, development of differentiated products and expansion into overseas markets. - FY2019RestatedAnnual report
「Against this backdrop, the Group is working to optimize its global production network while focusing on market trends in its core automotive and electronic components industries, and is promoting the development of differentiated products and further expansion into overseas markets,」
The company states that it continues to promote optimization of its global production network, development of differentiated products and expansion into overseas markets. - FY2018-Q1AdvancedAnnual report
「Manufacturing and sales of automotive soundproofing materials declined in revenue, particularly due to lower export sales to North America. Profitability, however, improved owing to production efficiency and other factors at overseas subsidiaries. Revenue in this segment was ¥3,871 million, down 3.8% year on year, while operating income was ¥287 million, up 32.7%.」
Although export sales to North America declined, profitability improved owing to production efficiency and other factors at overseas subsidiaries, and operating income in the industrial materials segment increased 32.7% year on year. - FY2017AdvancedAnnual report
「Operating profit increased by ¥1,145 million from the previous fiscal year to ¥3,958 million, reflecting efforts to optimize the global structure through lower raw material prices and improved production efficiency.」
The company describes optimization of its global network and improvements in production efficiency, explaining that operating income increased year on year as a result. The wording concerning the restructuring of unprofitable plants is not repeated in this filing. - FY2017-Q3RestatedAnnual report
「Our group has centered its activities on closer customer engagement, strengthened marketing capabilities, optimized the global production system while closely monitoring market trends in the core automotive and electrical and electronic component industries, and worked to reinforce sales.」
The company continues to identify optimization of the global production network as a business management measure. - FY2017-Q2RestatedAnnual report
「Our group has centered its activities on closer customer engagement, strengthened marketing capabilities, optimized the global production system while closely monitoring market trends in the core automotive and electrical and electronic component industries, and worked to reinforce sales.」
The company continues to identify optimization of the global production network as a business management measure. There is no new reference to the restructuring of unprofitable plants. - FY2017-Q1RestatedAnnual report
「Our group has centered its activities on closer customer engagement, strengthened marketing capabilities, optimized the global production system while closely monitoring market trends in the core automotive and electrical and electronic component industries, and worked to reinforce sales.」
The company continues to identify optimization of the global production network as a business management measure. There is no new reference to the restructuring of unprofitable plants. - FY2016First statedAnnual report
「Operating income was ¥2,813 million, down ¥190 million year on year, as a result of efforts to optimize the global network, including the restructuring of unprofitable plants.」
The company attributes the result to the optimization of its global network, including the restructuring of unprofitable plants.