Improving Profitability through Price Revisions for Steel Storage Shed Products
First written in FY2018. 8 of 15 entries say "Advanced", first in FY2019-Q2. Latest entry: 2026-09-11.
The whole theme swung hardest in 2017: 2 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The Company took measures including cost reductions and price revisions to absorb surging purchase prices.」
The Company continues to implement cost reductions and price revisions in response to rising purchase prices. - FY2024The waning effect of price revisions and continued price pass-throughAnnual report
「The Company raised product prices for steel storage products and office furniture in January 2023. However, net sales were slightly below forecast because the decline in orders resulting from the reaction to demand ahead of the price revision and customers holding back on purchases after the revision was greater than expected.」
Although the pass-through of the January 2023 price increase continues, the decline in orders resulting from the reaction to demand ahead of the price revision and customers holding back on purchases afterward was greater than expected. - FY2024-Q3RestatedAnnual report
「Meanwhile, amid persistently high material prices, the Company worked to reduce production and logistics costs and improve the pass-through of higher prices.」
The Company continues to reduce production and logistics costs and pass through higher prices in response to persistently high material prices. - FY2024-Q2RestatedAnnual report
「Net sales increased by ¥544 million year on year to ¥6,044 million, up 9.9% year on year, due to improved selling prices and other factors.」
Improved selling prices were cited as a factor behind higher revenue in the office furniture business, and the Company continues efforts to improve profitability through price revisions and other selling-price improvements. No timing for a new price revision was stated. - FY2023AdvancedAnnual report
「Net sales increased in both the steel storage products and office furniture businesses as the pass-through of higher prices progressed. Despite surging material prices and other factors, profit increased in both businesses because revenue increased and the Company worked to reduce production and logistics costs.」
The January 2023 price increases for steel storage products and office furniture were passed through, with the effect confirmed in higher revenue and profit in both businesses. - FY2023-Q3AdvancedAnnual report
「Net sales increased in both the steel storage products and office furniture businesses as the pass-through of higher prices progressed. Despite surging material and energy prices, profit increased in both businesses because revenue increased and the Company worked to reduce production and logistics costs.」
The January price increases for steel storage products and office furniture were passed through, resulting in higher revenue and profit in both businesses. Steel storage products generated net sales of ¥22,064 million and segment profit of ¥2,445 million, while office furniture generated net sales of ¥9,561 million and segment profit of ¥572 million. - FY2023-Q2AdvancedAnnual report
「The Company raised the prices of its steel storage products and office furniture from January.」
The Company extended the price revisions beyond steel storage products to office furniture and implemented them from January 2023. It is also pursuing sales activities to limit the decline in shipments, together with logistics and production improvements. - FY2023-Q1AdvancedAnnual report
「Net sales increased by ¥489 million year on year to ¥6,044 million due to the effect of the price revisions. Profit increased by ¥472 million year on year because, in addition to higher gross profit resulting from increased revenue and other factors, advertising expenses decreased.」
The price revisions for steel storage products increased net sales by ¥489 million, while segment profit increased by ¥472 million through higher gross profit resulting from increased revenue and other factors. - FY2022AdvancedAnnual report
「The Company implemented a price revision for steel storage products in July 2022. However, because orders driven by demand ahead of the price revision exceeded expectations, net sales were higher than forecast.」
The Company implemented a price revision in July 2022, and net sales in the steel storage products business increased due to demand ahead of the price revision and the effect of the revision. - FY2022-Q3RestatedAnnual report
「Under these conditions, the Group worked to secure sales through a stable supply of products and rationalize its production structure, and took measures including cost reductions and price revisions to absorb surging material prices. However, results deteriorated from the same period of the previous year.」
The Company has continued measures including cost reductions and price revisions to address surging material prices, but the filing reports deterioration in results for the cumulative third quarter. - FY2019-Q3AdvancedAnnual report
「As a result, across the steel storage products business, net sales and profit increased because, in addition to higher unit prices following the product price revisions, the impact of new products and shipment volume also increased.」
The Company states that the product price revisions implemented in the previous fiscal year increased net sales and profit in the steel storage products business through higher unit prices, the impact of new products and higher shipment volume. - FY2019-Q2AdvancedAnnual report
「As a result, across the steel storage products business, net sales increased because, in addition to higher unit prices following the product price revisions, the impact of new products and shipment volume also increased. Segment profit also increased because higher net sales and an improved cost ratio resulted in higher gross profit.」
The Company states that the product price revisions implemented in the previous fiscal year led to higher unit prices and increases in net sales, gross profit and segment profit. - FY2018First statedAnnual report
「It had become difficult to maintain a stable supply of products of the same high quality as before through self-help efforts alone. Accordingly, the Company implemented price revisions for steel storage products from July 2018. The Company believes that these price revisions will lead to higher net sales and improved profitability.」
To address rising material, auxiliary material, electricity, fuel and logistics costs, the Company implemented price revisions for steel storage products from July 2018.