Improving Management Efficiency
First written in FY2022-Q1. 8 of 14 entries say "Restated". Latest entry: FY2026.
Kibun Foods moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2026: 3 of 24 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Among the KPIs under Medium-Term Management Plan 2026 for fiscal 2025, the equity ratio was 32.0%, exceeding the plan’s 30% target. However, ROE was 4.7%, ROIC was 4.8% and operating cash flow was ¥1.4 billion, leaving significant challenges. To improve these figures, we are working to increase profitability through sales growth and a review of the business and product portfolio, and to improve ROIC through working-capital compression and cost reductions.」
The Group continues to pursue capital-efficiency improvements. The equity ratio exceeded its target, but ROE, ROIC and operating cash flow remain challenges. - 2026-05-15WorsenedRevision of earnings forecasts
「In terms of profit, in addition to higher prices for the main ingredient, surimi, the prices of raw materials, particularly secondary ingredients such as eggs and vegetables and packaging and other materials, rose more than expected. The resulting increase in costs could not be offset by higher sales, price revisions or productivity improvements, resulting in lower profit.」
The increase in costs for raw materials and other inputs could not be absorbed through higher sales, price revisions and productivity improvements, resulting in lower profit in the domestic food business. - FY2026-H1RestatedAnnual report
「We are also focusing on “improving capital efficiency” to create a profit structure that promotes growth and on “strengthening the management foundation” supporting future growth.」
Improving capital efficiency remains a key measure under Medium-Term Management Plan 2026. No new specific measures or changes to targets are stated. - FY2025-H1AdvancedAnnual report
「Profit increased because raw-material prices stabilized, the business mix improved, and cost reductions and efficiency measures were effective. Segment sales were ¥32,170 million, down ¥516 million, or 1.6%, year on year, while the segment loss was ¥289 million, an improvement of ¥212 million from the prior-year segment loss of ¥502 million.」
The domestic food segment loss narrowed from ¥502 million to ¥289 million through stable raw-material prices, an improved business mix, cost reductions and efficiency measures. - FY2024ReframedAnnual report
「We will promote ROIC-based management by combining growth through expanded sales with improved profitability through cost reductions and higher productivity, while also compressing invested capital, including working capital, to enhance cash-generation capability.」
The focus has shifted from “improving management efficiency” to “improving capital efficiency,” emphasizing cost reductions, productivity, working-capital compression, ROIC-based management and cash generation. The ROIC target for fiscal 2026 is at least 10%. - FY2024-Q2AdvancedAnnual report
「Although costs such as materials and energy remained high, profit increased as price revisions took hold and prices for the main raw material, surimi, stabilized. Segment sales were ¥32,686 million, up ¥1,454 million, or 4.7%, year on year, while the segment loss was ¥670 million, an improvement of ¥1,034 million year on year.」
Despite continued high costs, the domestic food segment loss narrowed from ¥1,704 million to ¥670 million as price revisions took hold and surimi prices stabilized. - FY2024-Q1AdvancedAnnual report
「Although electricity costs for air-conditioning at logistics centers remained high, higher sales from increased volumes, the effects of price revisions, improved delivery efficiency and lower SG&A expenses resulted in higher profit.」
Despite high electricity costs, price revisions, better delivery efficiency and lower SG&A expenses lifted food-related segment profit 15.3% to ¥58 million year on year. - FY2023RestatedAnnual report
「In addition to ongoing improvements in production efficiency, we will develop new raw materials and pursue manufacturing-technology innovation to build, from a medium- to long-term perspective, a corporate structure less affected by raw-material market prices. We will continue reducing selling, general and administrative expenses by optimizing and further advancing operational efficiency in response to the “new lifestyle” brought about by COVID-19.」
The Group reaffirmed its policy of improving cost competitiveness through production efficiency, new raw-material development, manufacturing innovation and operational efficiency. - FY2023-Q3RestatedAnnual report
「During the nine months ended December 31, sales increased across all business segments as the company captured demand steadily. On the other hand, although each segment promoted efficiency measures, profit declined, particularly in the domestic food segment, because increases in raw-material and energy costs exceeding expectations could not be offset by price revisions and other measures.」
The company continues to pursue efficiency measures across all business segments, but profit declined in the domestic food segment because cost increases could not be fully offset. - FY2023-Q2RestatedAnnual report
「Although electricity costs at logistics centers remain higher than expected, initiatives to improve delivery and operating efficiency produced results.」
The company continues to improve management efficiency through greater delivery and operating efficiency, while electricity costs at logistics centers remain above expectations. - FY2023-Q1RestatedAnnual report
「Although electricity costs at logistics centers have increased more than initially expected, initiatives to improve delivery efficiency and reduce selling, general and administrative expenses continued to produce results.」
The company continues to improve management efficiency through greater delivery efficiency and lower selling, general and administrative expenses. Electricity costs at logistics centers increased more than expected. - FY2022-Q3RestatedAnnual report
「We worked to expand profits through stable procurement of raw materials, productivity improvements and cost reductions.」
The company reaffirms measures to improve management efficiency through raw-material procurement, productivity improvements and cost reductions. - FY2022-Q2RestatedAnnual report
「We worked to expand profits through stable procurement of raw materials, productivity improvements and cost reductions.」
Productivity improvements and cost reductions continue to be cited as ongoing efficiency measures. - FY2022-Q1First statedAnnual report
「“Improving management efficiency”」
One of the three management policies comprising the new medium-term management plan. Related efficiency measures include improving production and delivery efficiency, revising transaction terms and integrating logistics centers.