Establishment of New Plastic Recycled Material Production Facilities
First written in FY2020. 3 of 13 entries say "Advanced", first in FY2021. Latest entry: 2026-07-06.
No other company in this theme has enough history to compare yet.
- FY2025AchievedAnnual report
「Regarding the recycled flake business, which was a new business of the preform segment, we determined that fundamental business restructuring was necessary in light of the need to improve the future earnings power and achieve sustainable growth of the preform segment as a whole, amid prolonged weakness in market demand and an extremely challenging business environment. Based on this determination, we withdrew from the recycled flake business during the fiscal year under review as part of the optimization of our business portfolio, which seeks to optimize the allocation of management resources through selection and concentration.」
Withdrawal from the recycled flake-related business has been completed as part of business restructuring and portfolio optimization. - FY2025-H1WorsenedAnnual report
「The effects of initiatives to improve the profitability of the recycled pellet and recycled flake-related businesses have not yet become apparent.」
It is stated that the effects of initiatives to improve the profitability of the recycled pellet and recycled flake-related businesses have still not become apparent, and the businesses continue not to contribute to earnings. - FY2024ReframedAnnual report
「We recorded ¥665 million in restructuring costs as an extraordinary loss, including losses on the disposal of assets and liabilities of the recycled flake business arising from the review of its operating network, and costs associated with workforce reductions.」
The description of the recycled materials-related business was revised from a focus on equipment and start-up activities to business restructuring, including a review of the recycled flake business's operating network, the disposal of assets and liabilities, and workforce reductions. - FY2024-Q2ReframedAnnual report
「The deficit widened because the new recycled pellet and recycled flake manufacturing businesses had not yet reached a stage where they contributed to earnings, among other factors.」
Although the wording now includes the recycled flake manufacturing business in addition to the recycled pellet manufacturing business, the recycled materials-related business has still not reached a stage where it contributes to earnings. - FY2024-Q1WorsenedAnnual report
「The new recycled pellet manufacturing business has not yet reached a stage where it contributes to earnings.」
It is stated that the recycled pellet manufacturing business has not yet contributed to earnings, even as of the first quarter, having remained in the start-up phase. - FY2023AdvancedAnnual report
「The main investment was ¥1,436.056 million in recycled plastic raw material production equipment and other assets for the preform business, up 40.2% year on year.」
Investment in facilities for producing recycled materials and other equipment reached ¥1,436 million, up 40.2% from the previous fiscal year. Capital investment in the recycled pellet business is progressing. - FY2023-Q3RestatedAnnual report
「The occurrence of start-up costs for the recycled pellet manufacturing business」
The company continues to disclose costs incurred in connection with the start-up phase of the recycled pellet manufacturing business. - FY2023-Q1AdvancedAnnual report
「Occurrence of start-up costs for the recycled pellet manufacturing business」
Although completion of the recycled raw material production equipment itself is not explicitly stated, the company disclosed the occurrence of start-up costs for the recycled pellet manufacturing business and progress into the business start-up phase. - FY2022SoftenedAnnual report
「Recycled plastic raw material production equipment and other assets ¥1,177.175 million ¥1,110.197 million Internal funds and borrowings November 2020 February 2023」
The planned investment in recycled raw material production equipment and other assets was ¥1,177.175 million, of which ¥1,110.197 million had already been paid, and scheduled completion was postponed to February 2023. - FY2021AdvancedAnnual report
「Recycled plastic raw material production equipment and other assets ¥1,151.048 million ¥1,073.250 million Internal funds and borrowings November 2020 June 2022」
The planned total investment in recycled raw material production equipment and other assets at the Fukui head office plant was revised to ¥1,151.048 million, with ¥1,073.250 million already paid and completion scheduled for June 2022. The disclosure states that the investment amount increased and the scheduled completion date was postponed from ¥897.879 million and June 2021 under the previous plan. - FY2020First statedAnnual report
「Recycled plastic raw material production equipment ¥897.879 million Internal funds and borrowings November 2020 June 2021」
The company has disclosed a plan to newly install recycled raw material production equipment totaling ¥897.879 million at the Fukui head office plant of Altech New Materials, with completion scheduled for June 2021.