3 unchanged sentences
• A 362,000 square foot facility located in Venlo, the Netherlands that primarily services our Vista business.
−Removed: • A 130,000 square foot facility located in Kisarazu, Japan that primarily services our Vista and National Pen businesses in the Japanese market.
−Removed: During the fourth quarter of fiscal year 2022, we made the decision to exit our operations in Japan.
−Removed: We expect to wind down operations and prepare the facility for sale in early fiscal year 2023.
+Added: • A 130,000 square foot facility located in Kisarazu, Japan that formerly serviced our Vista and National Pen businesses in the Japanese market.
+Added: ◦ As of June 30, 2023, this facility is classified as held for sale.
Refer to Item 8 of Part II, "Financial Statements and Supplementary Data - Note 18 - Restructuring Charges" for additional details.
3 unchanged sentences
Business Segment (1) Square Feet Type Lease Expirations
−Removed: Vista (2) 575,446 Technology development, marketing, customer service, manufacturing and administrative December 2022 - September 2026
−Removed: PrintBrothers 307,253 Technology development, marketing, customer service, manufacturing and administrative July 2022 - September 2031
−Removed: The Print Group 445,497 Technology development, marketing, customer service, manufacturing and administrative August 2022 - June 2034
−Removed: National Pen (3) 693,828 Marketing, customer service, manufacturing and administrative December 2022 - March 2032
−Removed: All Other Businesses 538,244 Technology development, marketing, customer service, manufacturing and administrative March 2023 - November 2028
−Removed: Other 550 Corporate strategy and technology development December 2022
+Added: Vista 431,086 Technology development, marketing, customer service, manufacturing, and administrative July 2023 - May 2027
+Added: PrintBrothers 320,020 Technology development, marketing, customer service, manufacturing, and administrative September 2023 - September 2031
+Added: The Print Group 426,953 Technology development, marketing, customer service, manufacturing, and administrative November 2023 - March 2037
+Added: National Pen 681,085 Marketing, customer service, manufacturing, and administrative July 2023 - December 2037
+Added: All Other Businesses 586,917 Technology development, marketing, customer service, manufacturing, and administrative March 2024 - February 2030
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(1) Many of our leased properties are utilized by multiple business segments, but each have been assigned to the segment that occupies the majority of our leased space.
−Removed: (2) The decrease in Vista's leased space during the current fiscal year was largely driven by the purchase and sale of a previously leased facility as discussed in Item 8 of Part II, "Financial Statements and Supplementary Data - Note 16 - Leases".
−Removed: (3) The increase in National Pen's leased space during the current fiscal year is primarily driven by a decision made to move our European production operations from Ireland to the Czech Republic which has caused us to currently occupy manufacturing space in both locations during this transition period.
−Removed: Refer to Item 8 of Part II, "Financial Statements and Supplementary Data - Note 18 - Restructuring" for additional details.
We believe that the total space available to us in the facilities we own or lease, and space that is obtainable by us on commercially reasonable terms, will meet our needs for the foreseeable future.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.