Higher Sales Mix of Vietnam Plant Products and Rising Gross Profit Margin

「During the fiscal year under review, the gold price rose 35.2% from the previous fiscal year, and higher raw material prices increased cost of sales, causing the gross profit margin to decline 0.7 percentage points. However, increased sales kept gross profit at approximately the same level as in the previous fiscal year.」

「Although higher raw material prices, including a 38.7% increase in the average gold price during the current interim consolidated accounting period, put pressure on cost of sales and reduced the gross profit margin 1.2 percentage points year on year, gross profit increased 3.7% year on year due to a substantial increase in sales.」

「Gross profit increased by ¥367 million, or 6.7%, year on year. Although higher raw material prices, including a 26.5% increase in the average gold price from the previous fiscal year, put pressure on cost of sales and reduced the gross profit margin by 0.5 percentage points, the increase in sales was substantial.」

「Gross profit increased by ¥189 million, or 4.7%, year on year. Although higher raw material prices, including a 24.0% year-on-year increase in the average gold price during the nine-month consolidated period, put pressure on cost of sales, a flexible pricing strategy kept the gross profit margin at the same level.」

「Gross profit increased by ¥50 million, or 1.8%, year on year. Although higher raw material prices, including a 19.7% increase in the average gold price during the period, put pressure on cost of sales, the gross profit margin remained at the same level as a result of pursuing a flexible pricing strategy.」

「Gross profit decreased by ¥5 million, or 0.5%, year on year, as the gross profit margin declined 0.4 percentage points year on year because higher raw material prices, including an 18.1% increase in the average gold price during the period, put pressure on cost of sales.」

「Gross profit decreased by ¥92 million, or 1.7%, from the previous fiscal year. Although the cost ratio remained at the same level year on year as some of the increase in raw material prices was passed on to customers, the decline in revenue caused by weak bridal jewelry sales weighed on gross profit.」

「Gross profit decreased by ¥101 million, or 2.5%, year on year, as the gross profit margin declined 0.5% year on year due to the impact of higher raw material prices, in addition to the decline in revenue.」

「Gross profit decreased by ¥69 million, or 2.4%, year on year. Although the gross profit margin remained at the same level year on year as prices were revised flexibly in response to higher raw material prices for bullion, diamonds and other materials, gross profit declined along with the decrease in revenue.」

「Gross profit increased by ¥51 million, or 0.9%, year on year. Although rising raw material prices and the weaker yen put pressure on profit, the gross profit margin remained at the same level because measures including value-focused marketing centered on the core product “Wish upon a star” and raising price points were implemented.」

「Although the gross profit margin rose 1.3 percentage points year on year, partly due to the effect of raising price points,」

「Gross profit increased by ¥382 million, or 7.4%, year on year, as sales of the core product “Wish upon a star” remained strong, particularly in the high-price range, causing the gross profit margin to rise 2.3 percentage points year on year.」

「Gross profit decreased by ¥99 million, or 3.1%, year on year. In addition to the 18.3% increase in the average price of gold, a key raw material, during the period, the decline in the sales mix of products made by the Vietnam subsidiary from 45.6% to 41.3% year on year caused the product cost ratio to rise.」

「The sales mix of products made by the Vietnam subsidiary fell from 45.8% in the same quarter of the previous year to 40.4%.」

「Although sales of the high-value-added product “Wish upon a star” increased, other regular product sales declined, with the sales mix of products made by the Vietnam subsidiary falling from 45.4% in the previous fiscal year to 43.9%. As a result, the gross profit margin declined 0.4 percentage points year on year, and gross profit rose only slightly, by 0.6% year on year.」

「At production subsidiary D&Q JEWELLERY Co., Ltd. in Vietnam (Japanese name: ディーアンドキュー ジュエリー), we focused particularly on strengthening quality control and stabilizing processes to improve manufacturing capabilities.」

「The sales mix of the company's products at 株式会社サダマツ remained high at 46.0%, contributing to improved competitiveness across the group and control of product costs.」

「The sales mix of the company's products at parent company サダマツ remained high at 46.8%, contributing to improved competitiveness across the group and control of product costs.」

「Gross profit increased 4.2% year on year as effective use of the Vietnam subsidiary expanded sales of high-value-added products centered on “Wish upon a star.”」

「In terms of profit, gross profit increased 0.1% as sales of high-value-added products remained solid, supported by effective use of the Vietnam subsidiary, with the sales mix of its products centered on “Wish upon a star” remaining high at 48.6%.」

「The sales mix of the company's products at parent company サダマツ rose to 47.6%, contributing to improved competitiveness across the group and control of product costs.」

「The sales mix of products made by the company at parent company サダマツ rose from 41.1% in the previous fiscal year to 46.1%, contributing to streamlining across the group and control of product costs.」

「The sales mix of Vietnam-made products centered on “Wish upon a star” expanded to 49.0%, and the substantial increase in sales of high-value-added products was the main factor behind the 1.8-percentage-point increase in the gross profit margin.」