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Altech (9972) · InitiativeAchieved

Building extension at the Suzhou preform plant

First written in FY2021. 1 of 5 entries say "Softened", first in FY2022. Latest entry: FY2024.

5entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021SoftenedFY2022 – FY2023AdvancedFY2024-Q2 – FY20242022: 120222023: 120232024: 220242025: 12025
Same theme, other companies
Building extension at the Suzhou preform plantA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024AchievedAnnual report

    「Cash provided by investing activities was ¥972 million (compared with ¥2,436 million used in the previous fiscal year). This was mainly because, despite capital investment expenditures of ¥689 million, primarily for plant and equipment in the preform business, the Company received ¥1,860 million and other amounts from the sale of fixed assets, including the No. 4 and No. 5 plants of consolidated subsidiary 愛而泰可新材料(蘇州)有限公司.」

    Proceeds of ¥1,860 million from the sale of fixed assets, including the Suzhou No. 4 and No. 5 plants, were recognized, and the previously planned sales were recorded as completed after moving through the execution phase.
  2. FY2024-Q2AdvancedAnnual report

    「This was due to receipt of deposits of ¥2,065.219 million and other amounts related to the sale of property, plant and equipment.」

    The disclosure states that a ¥2,065 million deposit related to the sale of fixed assets was received, indicating that the strategy of improving capital efficiency and strengthening the financial position through fixed-asset sales has moved into the execution phase.
  3. FY2023ReframedAnnual report

    「The purpose is to make effective use of the Group's management resources, improve capital efficiency, strengthen its financial position, and secure funds for growth investments.」

    The direction has been revised from the plan to expand the Suzhou preform plant building to improving capital efficiency, strengthening the financial position, and securing funds for growth investments through the sale of fixed assets at the Suzhou No. 4 and No. 5 plants.
  4. FY2022SoftenedAnnual report

    「愛而泰可新材料(蘇州)有限公司 Head office (Suzhou, China) Preform business Plant building expansion and other work 814,800 694,266 Internal funds and borrowings June 2021 March 2023」

    Planned investment in the expansion of the Suzhou plant building and related work increased to ¥814.8 million, while the amount already paid reached ¥694.266 million, and the scheduled completion was pushed back to March 2023.
  5. FY2021First statedAnnual report

    「愛而泰可新材料(蘇州)有限公司 Head office (Suzhou, China) Preform business Plant building expansion and other work 726,600 365,381 Internal funds and borrowings June 2021 June 2022」

    The capital investment plan for the expansion of the Suzhou preform plant building and related work was disclosed for the first time, with total planned investment of ¥726.6 million, ¥365.381 million already paid, and completion scheduled for June 2022.
Moved together

"Consolidated Operating Profit Turns Profitable and Increases" moved the same way as this thread, in the same document, in 4 of its 5 moves.

444333★123456
  1. ★This thread
  2. 1Consolidated Operating Profit Turns Profitable and Increases4×
  3. 2Consolidated ordinary income turns profitable4×
  4. 3Turning Cash Flow from Operating Activities Positive4×
  5. 4Revitalization and Earnings Recovery of the Preform Business3×
  6. 5Reduction in Losses in the Preform Business3×
  7. 6Increase in Order Backlog in the Trading Business3×

★ 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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Building extension at the Suzhou preform plant | ALTECH CO.,LTD. (9972) | Komori