Reform of business processes and the cost structure
First written in FY2016. 14 of 30 entries say "Advanced", first in FY2017. Latest entry: 2026-07-24.
The whole theme swung hardest in 2025: 18 of 109 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2026AdvancedAnnual report
「By making full use of design and procurement support systems and AI, we sought to shorten working hours and develop a more rewarding work environment,」
The means of reforming business processes took concrete shape, changing from the introduction of a design support system to the use of design and procurement support systems and AI. In addition, the company posted operating profit of ¥2,879 million through price pass-through and procurement cost reductions. - FY2026-H1AdvancedAnnual report
「The company worked to pass on appropriate price increases reflecting higher labor and raw material costs and to reduce procurement costs. Operating profit increased to ¥163 million, or 209.3% of the year-earlier period, and ordinary profit increased to ¥261 million, or 112.3%.」
Passing on higher labor and raw material costs through pricing and reducing procurement costs were cited as specific measures, resulting in operating profit of ¥163 million and ordinary profit of ¥261 million. - FY2025-H1AdvancedAnnual report
「In terms of earnings, operating profit increased to ¥77 million, compared with an operating loss of ¥250 million in the year-earlier period, and ordinary profit increased to ¥232 million, compared with an ordinary loss of ¥105 million, as the company actively pursued procurement cost reductions and other measures.」
Measures including procurement cost reductions improved both operating income and ordinary income from losses in the year-earlier period to profits. - FY2024AdvancedAnnual report
「In addition, as an investment in systems contributing to greater operational efficiency, we introduced a design support system equipped with comprehensive networking capabilities, sought to shorten working hours and developed a more rewarding work environment. As a manufacturer of industrial furnaces specializing in thermal technologies, we aim to become an advanced company that contributes to the social mission of achieving carbon neutrality by 2050.」
The introduction of a design support system and the shortening of working hours were explicitly identified as measures to reform business processes. - FY2024-Q3Continued cost-cutting efforts and reduced lossesAnnual report
「In terms of earnings, although the company made diligent efforts to reduce procurement costs and took other measures in response to surging raw material and transportation costs, it posted an operating loss of ¥439 million, compared with a loss of ¥568 million in the year-earlier period, and an ordinary loss of ¥194 million, compared with a loss of ¥350 million.」
Amid the continued impact of surging raw material and transportation costs, efforts to reduce procurement costs narrowed operating loss from ¥568 million to ¥439 million and ordinary loss from ¥350 million to ¥194 million. - FY2023-Q3WorsenedAnnual report
「In terms of earnings, as revenue remained at a low level, the company posted an operating loss of ¥568 million, compared with a loss of ¥268 million in the year-earlier period, an ordinary loss of ¥350 million, compared with a loss of ¥49 million, and a quarterly net loss attributable to owners of the parent of ¥120 million, compared with a loss of ¥139 million.」
Although revenue was 103.5% of the year-earlier period, operating loss widened from ¥268 million to ¥568 million, and ordinary loss widened from ¥49 million to ¥350 million. - FY2023-Q2Widening losses due to deterioration in the cost of sales ratioAnnual report
「In terms of earnings, as revenue remained at a low level, the company posted an operating loss of ¥692 million, compared with a loss of ¥321 million in the year-earlier period, an ordinary loss of ¥566 million, compared with a loss of ¥195 million, and a quarterly net loss attributable to owners of the parent of ¥272 million, compared with a loss of ¥255 million.」
Operating loss and other losses widened from the year-earlier period on a company-wide basis. Deterioration in the cost of sales ratio was also reported in each area, changing the description from improvement through cost reductions to deterioration. - FY2022-Q3AdvancedAnnual report
「Company-wide efforts to reduce costs and expenses and improve profit margins resulted in an operating loss of ¥268 million, an improvement of ¥458 million from the year-earlier period, an ordinary loss of ¥49 million, an improvement of ¥499 million, and a quarterly net loss attributable to owners of the parent of ¥139 million, an improvement of ¥521 million.」
Company-wide efforts to reduce costs and expenses improved operating loss, ordinary loss and the quarterly net loss attributable to owners of the parent from the year-earlier period. - FY2022-Q2AdvancedAnnual report
「In terms of earnings, operating loss improved to ¥321 million, compared with a loss of ¥508 million in the year-earlier period, ordinary loss improved to ¥195 million, compared with a loss of ¥402 million, and the quarterly net loss attributable to owners of the parent improved to ¥255 million, compared with a loss of ¥493 million, due to the effect of higher revenue and efforts to reduce costs and expenses.」
Efforts to reduce costs and expenses, together with the effect of higher revenue, reduced operating loss and other losses from the year-earlier period. - FY2021AdvancedAnnual report
「In terms of earnings, despite the substantial revenue decline, efforts to reduce costs and expenses improved results from the initial loss forecast, resulting in operating profit of ¥390 million, or 22.8% of the previous fiscal year.」
The company reduced costs and expenses despite the substantial revenue decline, improving results from the initial loss forecast and posting operating profit of ¥390 million. - FY2021-Q3Efforts to reduce costs and expenses failed to offset the impact of lower revenueAnnual report
「In terms of earnings, although efforts were made to reduce costs and expenses, the impact of the substantial revenue decline could not be overcome, resulting in an operating loss of ¥727 million, compared with profit of ¥999 million in the year-earlier period, an ordinary loss of ¥549 million, compared with profit of ¥1,173 million, and a quarterly net loss attributable to owners of the parent of ¥661 million, compared with profit of ¥809 million.」
Although the company worked to reduce costs and expenses, it could not absorb the impact of the substantial revenue decline, and operating income, ordinary income and income attributable to owners of the parent all shifted from profit in the year-earlier period to loss. - FY2021-Q2Efforts to reduce costs and expenses failed to offset the impact of lower revenueAnnual report
「In terms of earnings, although efforts were made to reduce costs and expenses, the impact of the substantial revenue decline could not be overcome, resulting in an operating loss of ¥508 million, compared with profit of ¥777 million in the year-earlier period, an ordinary loss of ¥402 million, compared with profit of ¥876 million, and a quarterly net loss attributable to owners of the parent of ¥493 million, compared with profit of ¥616 million.」
Although the company worked to reduce costs and expenses, it could not absorb the impact of the substantial revenue decline, and operating income, ordinary income and income attributable to owners of the parent all shifted from profit in the year-earlier period to loss. - FY2020-Q3RestatedAnnual report
「Accordingly, we have focused on developing personnel and transferring technology from a long-term perspective, while building relationships of trust with customers by improving productivity across all business processes.」
The policy of building relationships of trust with customers through improved productivity in business processes was reiterated. - FY2020-Q1RestatedAnnual report
「Accordingly, we have focused on developing personnel and transferring technology from a long-term perspective, while building relationships of trust with customers by improving productivity across all business processes.」
The policy of building relationships of trust with customers through improved productivity in business processes was reiterated. - FY2019Declining profit margins and additional construction costsAnnual report
「However, in addition to lower profit margins due to higher construction costs and raw material prices, additional construction costs were incurred on certain overseas projects. As a result, despite higher revenue, operating profit was ¥987 million, or 83.6% of the year-earlier period.」
The description changed from higher earnings due to an improved cost of sales ratio to a situation in which lower profit margins caused by higher construction costs and raw material prices, as well as additional construction costs on overseas projects, were cited. - FY2019-Q3RestatedAnnual report
「Accordingly, we have focused on developing personnel and transferring technology from a long-term perspective, while building relationships of trust with customers by improving productivity across all business processes.」
The policy of building relationships of trust with customers through improved productivity in business processes was reiterated. - FY2019-Q1RestatedAnnual report
「Accordingly, we have focused on developing personnel and transferring technology from a long-term perspective, while building relationships of trust with customers by improving productivity across all business processes.」
The policy of building relationships of trust with customers through improved productivity in business processes continues. - FY2018AdvancedAnnual report
「In terms of earnings, although revenue declined, operating profit increased to ¥1,181 million, or 152.6% of the year-earlier period, and ordinary profit increased to ¥1,287 million, or 140.0%, due in part to an improvement in the cost of sales ratio.」
Despite lower revenue, the company posted operating profit of ¥1,181 million and ordinary profit of ¥1,287 million, due in part to an improvement in the cost of sales ratio. - FY2018-Q3AdvancedAnnual report
「In terms of earnings, although the cost of sales ratio improved, the impact of lower revenue could not be overcome, resulting in an operating loss of ¥465 million, compared with a loss of ¥361 million in the year-earlier period.」
Although it was stated that the cost of sales ratio improved, the operating loss widened from the year-earlier period due to the impact of lower revenue. - FY2018-Q2RestatedAnnual report
「In terms of earnings, although efforts were made to improve the cost of sales ratio, the impact of lower revenue could not be overcome, resulting in an operating loss of ¥533 million, compared with a loss of ¥367 million in the year-earlier period.」
Although efforts were made to improve the cost of sales ratio, the operating loss widened from the year-earlier period due to the impact of lower revenue. - FY2018-Q1RestatedAnnual report
「In terms of earnings, although efforts were made to improve the cost of sales ratio, the impact of lower revenue could not be overcome, resulting in an operating loss of ¥719 million, compared with a loss of ¥242 million in the year-earlier period.」
Although efforts were made to improve the cost of sales ratio, the operating loss widened from the year-earlier period due to the impact of lower revenue. Cost improvement initiatives themselves are continuing. - FY2017AdvancedAnnual report
「In terms of earnings, although revenue declined, operating profit increased to ¥774 million, or 114.3% of the year-earlier period, and ordinary profit increased to ¥919 million, or 116.1%, due in part to an improvement in the cost of sales ratio.」
Improvement in the cost of sales ratio and higher earnings were cited as results related to the reform of business processes and the cost structure. - FY2017-Q1RestatedAnnual report
「Accordingly, we have focused on developing personnel and transferring technology from a long-term perspective, while building relationships of trust with customers by improving productivity across all business processes.」
Improving productivity in business processes is reiterated as an initiative leading to the development of relationships of trust with customers. - FY2016First statedAnnual report
「The Group intends to strengthen its management foundation by accelerating talent development and the transfer of technical expertise, reforming its business processes and cost structure, and securing expanded orders and stable earnings through its proprietary thermal technologies and highly competitive new products, under a framework that can respond nimbly to changes in the market environment.」
It is described as an internal reform to respond agilely to market changes and secure stable earnings.