Cost Reduction Through Improved Factory Utilization and Production Efficiency
First written in FY2024-Q1. 3 of 7 entries say "Restated". Latest entry: FY2026.
91 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Cost of sales was ¥2,227,320 thousand, down 31.1% year on year, owing to the increase in revenue, higher sales of highly profitable products mainly for Europe and the United States, improved yield at the Hiroshima Factory and an increase in inventories, among other factors. As a result, gross profit was ¥1,518,562 thousand, up 1,064.0% year on year, and the gross profit margin rose 36.6 percentage points to 40.5%.」
In addition to higher sales of highly profitable products for Europe and the United States, improved yield at the Hiroshima Factory contributed to lower cost of sales and an improvement in the gross profit margin to 40.5%. - FY2026-H1Selling, general and administrative expenses increased due to continued cost-cutting and bonus provisionsAnnual report
「Although the company continued its cost-cutting initiatives, selling, general and administrative expenses increased slightly from the same period of the previous year because it recognized a provision for bonuses based on business performance trends, taking employee motivation into consideration.」
While continuing its cost-cutting initiatives, the company recognized a provision for bonuses to support employee motivation, resulting in a slight year-on-year increase in selling, general and administrative expenses. - FY2025-H1AdvancedAnnual report
「Selling, general and administrative expenses declined from the same period of the previous year as a result of ongoing cost-cutting initiatives.」
Selling, general and administrative expenses declined year on year as a result of ongoing cost-cutting initiatives. In addition to improving plant utilization and reducing costs, the company is now seeing the effects of controlling SG&A expenses. - FY2024RestatedAnnual report
「Although the effects of higher utilization at the Hiroshima plant and ongoing cost-reduction initiatives were evident, they did not fully offset the decline in selling prices for heat-sink products.」
The effects of higher utilization and cost reductions continue, but have not yet offset the decline in selling prices. - FY2024-Q3RestatedAnnual report
「Gross profit declined from the same period of the previous year because, although the higher utilization rate at the Hiroshima plant and the effects of ongoing cost-reduction initiatives were evident, they did not fully offset the decline in selling prices for heat-sink products, while products with high gross margins were affected by short-term demand fluctuations.」
The effects of higher utilization at the Hiroshima plant and cost reductions continue, but gross profit declined from the same period of the previous year because they did not offset the decline in selling prices for heat-sink products or demand fluctuations affecting high-margin products. - FY2024-Q2RestatedAnnual report
「Gross profit declined from the same period of the previous year because, despite the higher utilization rate at the Hiroshima plant and the effects of ongoing cost-reduction initiatives, these measures did not fully offset the decline in selling prices for heat-sink products.」
The effects of higher utilization at the Hiroshima plant and cost reductions continue to be confirmed, but they have not yet offset the decline in selling prices for heat-sink products. - FY2024-Q1First statedAnnual report
「Although the Hiroshima plant's utilization rate rose from the previous quarter through the first half of the first quarter under review, and the ongoing cost-reduction initiatives began to show results, these measures did not fully offset the decline in selling prices.」
The company is working to improve the Hiroshima plant's utilization rate and reduce costs. Efficiency gains at the Chinese plant also began to show, increasing the profit margin on glass products.