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Aseed Holdings (9959) · InitiativeTemporary slowdown in tea leaf processing volumes

Expansion of Product Distribution Channels and ODM Operations through Acquisition of a Health Tea Business

First written in FY2023-Q1. 8 of 12 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2027-H1.

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ProgressHeldSoftenedWorseAdvancedFY2023 – FY2025-H1RestatedFY2026-H12022: 220222023: 420232024: 320242025: 120252026: 22026
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1 other company's latest entry also says "Other".

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  1. FY2027-H1Temporary slowdown in tea leaf processing volumesAnnual report

    「Meanwhile, in the tea leaf processing business, performance was soft during the interim consolidated accounting period due to a temporary slowdown in processing volumes resulting from fluctuations in domestic tea leaf prices.」

    The company stated that processing volumes in the tea leaf-related business expanded since the acquisition temporarily slowed in response to fluctuations in domestic tea leaf prices, resulting in weak performance during the interim consolidated accounting period.
  2. FY2026AdvancedAnnual report

    「The tea leaf-related business is growing into a new core business following vending machine retail operations and beverage manufacturing. The company will take on new fields to achieve further growth.」

    The company positions the health tea and tea leaf-related business as a new core business following its 2 existing businesses. Tea leaf production amounted to ¥1,893 million, up 134.8% year on year.
  3. FY2026-H1RestatedAnnual report

    「In the beverage manufacturing business, 静岡ローストシステム㈱'s tea leaf processing has progressed smoothly, driven by the global matcha boom, and is driving performance.」

    Tea leaf processing at 静岡ローストシステム continued to perform well against the backdrop of the global matcha boom and continued to drive the beverage manufacturing business.
  4. FY2025-H1AdvancedAnnual report

    「Steady performance in tea leaf processing at 静岡ローストシステム株式会社 boosted segment results.」

    Tea leaf processing at the acquired subsidiary 静岡ローストシステム continued to perform steadily, reaching the stage where it is boosting segment results in the beverage manufacturing business.
  5. FY2024AdvancedAnnual report

    「At 静岡ローストシステム㈱, which became a subsidiary during the current consolidated fiscal year, we will add micronization equipment in response to increased orders for the micronized processing of tea leaves.」

    In response to increased orders for fine tea leaf grinding and processing at 静岡ローストシステム, the company is adding fine-grinding equipment at a cost of ¥125 million, with completion scheduled for October 2024.
  6. FY2024-Q3AdvancedAnnual report

    「In addition, since becoming a subsidiary in April this year, 静岡ローストシステム株式会社 has been securing new projects for the micronized processing of tea leaves and plans to expand its scale of operations further.」

    For the acquired subsidiary 静岡ローストシステム, the company is making progress in winning new contracts for fine tea leaf grinding and has indicated plans to expand the business going forward. Post-acquisition business development in the health tea and tea leaf areas is taking concrete shape.
  7. FY2024-Q2AdvancedAnnual report

    「During the first quarter of the interim consolidated accounting period, the company acquired all shares of 静岡ローストシステム株式会社 and its group company マルサン萩間茶株式会社, making them new subsidiaries and including them in the scope of consolidation. The deemed acquisition date was 31 May, and because the difference from the quarterly consolidated balance sheet date did not exceed 3 months, only the balance sheets were consolidated for the first quarter of the interim consolidated accounting period, while the income statements were also consolidated from the second quarter of the interim consolidated accounting period.」

    For 静岡ローストシステム and マルサン萩間茶, the company began consolidating their income statements from the second quarter, giving concrete effect to their post-acquisition contribution to group results.
  8. FY2024-Q1AdvancedAnnual report

    「At 株式会社河村農園, which became a subsidiary last August, the company is developing health teas tailored to market needs. 静岡ローストシステム株式会社, which became a subsidiary in April, is applying its roasting and processing technologies, while マルサン萩間茶株式会社 is strengthening its e-commerce site and expanding sales activities.」

    The company is pursuing specific post-integration collaboration and sales initiatives for the 3 subsidiaries, including developing health teas, applying roasting and processing technologies, and strengthening its e-commerce sites.
  9. FY2023AdvancedAnnual report

    「The addition of Shizuoka Roast System Co., Ltd. and Marusan Hagima Tea Co., Ltd. will establish an integrated structure covering tea-leaf production through the manufacture and sale of tea beverages, broaden the range of ASEED-brand and ODM products, and increase the Group’s corporate value.」

    Following the health tea business of 河村農園, the company made 静岡ローストシステム and マルサン萩間茶 subsidiaries in April 2023, with the aim of establishing a vertically integrated structure covering tea leaf production through to the manufacture and sale of tea beverages, and expanding ASEED-branded and ODM products.
  10. FY2023-Q3RestatedAnnual report

    「At 株式会社河村農園, which joined the group in August last year, health teas such as burdock tea and mulberry leaf tea made from Kyushu-grown ingredients and labelled as foods with function claims have also continued to perform well.」

    The company explained that, following the acquisition of 河村農園 as a subsidiary, health teas such as burdock tea and mulberry leaf tea made from Kyushu-grown ingredients continued to perform well.
  11. FY2023-Q2AdvancedAnnual report

    「As the company acquired all shares of 株式会社河村農園 and made it a new subsidiary, it has been included in the scope of consolidation. In addition, following the acquisition of 株式会社河村農園 as a subsidiary, the company is jointly developing new products such as health teas and pursuing new initiatives in areas expected to generate synergies with its existing beverage business.」

    The company acquired all shares of 河村農園 and made it a consolidated subsidiary, launching initiatives aimed at jointly developing new products such as health teas and generating synergies with the existing beverage business.
  12. FY2023-Q1First statedAnnual report

    「The aim is to enhance the corporate value of our group by creating synergies through collaboration, including expanding the sales channels for health teas and other products offered by 株式会社河村農園 and expanding the range of products that can be manufactured through ODM.」

    On 1 August 2022, the company acquired 100% of the issued shares of 株式会社河村農園 for ¥250 million, making it a subsidiary. This represents a new business initiative aimed at expanding sales channels for health tea products and broadening the range of products that can be manufactured through ODM.
Moved together

"Business Restructuring Focused on Profitability" moved the same way as this thread, in the same document, in 7 of its 12 moves.

777755★123456
  1. ★This thread
  2. 1Business Restructuring Focused on Profitability7×
  3. 2Strengthening high-value-added products and own-brand products7×
  4. 3Expansion into Warehousing, Logistics and Environmental Services7×
  5. 4Expanding production capacity centered on low-alcohol beverages7×
  6. 5Strengthening the business base through alliances and M&A with peer operators5×
  7. 6Stable earnings and cash flow generation based on convenience and value for money5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Expansion of Product Distribution Channels and ODM Operations through Acquisition of a Health Tea Business | ASEED HOLDINGS CO.,LTD. (9959) | Komori