Cost Reduction and Production Efficiency Improvement
First written in FY2016. 25 of 37 entries say "Restated". Latest entry: FY2026.
39 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「On the earnings front, as a result of company-wide efforts to implement cost reduction initiatives, operating profit was ¥280 million, up 163.5% year on year.」
The company explained that, as a result of company-wide cost reduction initiatives, operating profit increased from ¥106 million in the same period of the previous year to ¥280 million. - FY2026-H1RestatedAnnual report
「On the earnings front, despite efforts to reduce costs, operating profit was ¥43 million ( down 66.8% year on year ).」
Although efforts to reduce costs continued, operating profit for the interim consolidated accounting period was ¥43 million, down 66.8% year on year. - FY2025-H1RestatedAnnual report
「On the earnings front, as a result of efforts to reduce expenses, operating profit was ¥158 million, down 19.8% year on year.」
The company explained that expense reduction initiatives continued in Thailand, but operating profit declined 19.8% year on year, and disclosed no new reduction methods or targets. - FY2024AdvancedAnnual report
「On the earnings front, as a result of company-wide efforts to implement cost reduction initiatives, operating profit was ¥466 million, compared with an operating loss of ¥31 million in the same period of the previous year.」
The company explained that, as a result of company-wide cost reduction initiatives, operating profit improved from an operating loss in the same period of the previous year to operating profit of ¥466 million. - FY2024-Q3AdvancedAnnual report
「On the earnings front, as a result of company-wide efforts to implement cost reduction initiatives, operating profit was ¥396 million ( compared with an operating loss of ¥78 million in the same period of the previous year ).」
The company explained that, as a result of company-wide cost reduction initiatives, operating profit improved from an operating loss of ¥78 million in the same period of the previous year to operating profit of ¥396 million. - FY2024-Q2AdvancedAnnual report
「On the earnings front, despite higher procurement costs for raw materials and other items, cost savings, including lower transportation expenses, resulted in operating profit of ¥220 million ( compared with an operating loss of ¥22 million in the same period of the previous year ).」
The company explained that, despite higher procurement costs for raw materials and other items, cost savings including lower transportation expenses improved operating performance from an operating loss in the same period of the previous year to operating profit of ¥220 million. - FY2024-Q1RestatedAnnual report
「On the earnings front, as a result of higher revenue and efforts to reduce expenses, operating profit was ¥77 million ( up 15.5% year on year ).」
The company explained that continued expense reduction initiatives in Thailand, together with the impact of higher revenue, contributed to higher operating profit. No new cost reduction methods or company-wide targets were disclosed. - FY2023RestatedAnnual report
「In response to price competition and requests for price reductions, the group is implementing permanent cost reduction measures for customers. These include proposing process reductions and other cost reduction measures during the design and prototyping stages, from order receipt through the start of mass production, to achieve continuing reductions in procurement costs after mass production begins; proposing process changes through the elimination of machining to improve operating efficiency across production; and providing higher value-added products to differentiate itself from competitors and secure profitability.」
The company continues to implement cost reduction measures through process reductions, eliminating machining, lower procurement costs, improved operating efficiency and the creation of higher value-added products. - FY2023-Q3RestatedAnnual report
「On the earnings front, as a result of efforts to reduce expenses, operating profit was ¥192 million, up 26.7% year on year.」
The company explained that continued expense reduction initiatives in Thailand contributed to higher operating profit. In Japan, however, the company posted an operating loss due to soaring raw material costs and other factors, and disclosed no new cost reduction methods or targets. - FY2023-Q2RestatedAnnual report
「On the earnings front, operating profit was ¥35 million, up 47.1% year on year, due to lower manufacturing expenses resulting from cost reduction initiatives and foreign exchange movements.」
In China, lower manufacturing expenses resulting from cost reduction initiatives contributed to higher earnings. However, the group as a whole posted an operating loss due to rising costs, including soaring steel prices, reconfirming the continuation of cost reduction initiatives. - FY2022-Q3RestatedAnnual report
「On the earnings front, despite efforts to reduce expenses, the company was unable to cover fixed costs, resulting in an operating loss of ¥65 million, compared with an operating loss of ¥28 million in the same period of the previous year.」
The company explained that, although expense reduction initiatives continued in the United States, they were insufficient to cover fixed costs, resulting in a wider operating loss. - FY2022-Q1AdvancedAnnual report
「On the earnings front, as a result of efforts to increase profit through higher sales and reduce costs through cost reduction initiatives, operating profit was ¥157 million, compared with an operating loss of ¥143 million in the same period of the previous year.」
The company explained that it continued efforts to reduce costs through cost reduction initiatives, improving operating profit from an operating loss of ¥143 million in the same period of the previous year to operating profit of ¥157 million. - FY2021AdvancedAnnual report
「On the earnings front, as a result of company-wide efforts to implement cost reduction initiatives, operating profit was ¥431 million, compared with operating profit of ¥16 million in the same period of the previous year.」
The company explained that, as a result of company-wide cost reduction initiatives, operating profit increased from ¥16 million in the previous year to ¥431 million. - FY2021-Q3RestatedAnnual report
「As a result, for the nine-month consolidated cumulative period of the fiscal year under review, the group's net sales were ¥9.812 billion, down 3.8% year on year. Although orders had begun to recover, sales were affected by the decline in orders resulting from the impact of COVID-19 during the first quarter. On the earnings front, operating profit was ¥219 million, up 35.3% year on year, as a result of company-wide efforts to implement cost reduction initiatives.」
The company explained that continued company-wide cost reduction initiatives resulted in a 35.3% year-on-year increase in operating profit. No new cost reduction methods or targets were disclosed. - FY2021-Q2RestatedAnnual report
「Orders, which had declined due to the spread of COVID-19, are recovering, but have not yet returned to the level of the previous fiscal year, and net sales were ¥5.301 billion, down 6.0% year on year. On the earnings front, despite cost reduction initiatives, the impact of lower revenue was substantial, and operating profit was ¥65 million, down 30.4% year on year.」
The company continues cost reduction initiatives in the Japan segment, but the impact of lower revenue was substantial, resulting in a 30.4% year-on-year decline in operating profit. - FY2021-Q1RestatedAnnual report
「On the earnings front, despite efforts to reduce costs through cost reduction initiatives, the impact of lower revenue was substantial, resulting in an operating loss of ¥143 million, compared with operating profit of ¥50 million in the same period of the previous year.」
The company explained that, although cost savings through cost reduction initiatives continued, the impact of lower revenue was substantial, resulting in an operating loss. - FY2020RestatedAnnual report
「On the earnings front, despite efforts to reduce costs and selling, general and administrative expenses, gross profit declined by ¥811 million, resulting in operating profit of ¥16 million, a decrease of ¥568 million and down 97.2% year on year.」
Although cost reduction and selling, general and administrative expense reduction initiatives continued, the impact of lower revenue and higher costs resulting from capital investment was substantial, leading to a significant decline in operating profit. - FY2020RaisedAnnual report
「In the 59th fiscal year, ending June 2021, the company will promote the thorough elimination of losses and further improvements in productivity, with the aim of increasing return on equity.」
In addition to its existing cost reduction initiatives, the company is placing greater emphasis on eliminating losses and improving productivity for the fiscal year ending June 2021. - FY2020-Q3RestatedAnnual report
「In Japan, orders for overseas customers declined, and net sales were ¥8.342 billion, down 8.7% year on year. On the earnings front, despite cost reduction initiatives, operating profit was ¥167 million, down 57.5% year on year, due to the impact of lower revenue and higher expenses resulting from capital investment.」
Although cost reduction initiatives are continuing in Japan, the impact of lower revenue and higher expenses resulting from capital investment was substantial, resulting in a 57.5% year-on-year decline in operating profit. - FY2020-Q2RestatedAnnual report
「On the earnings front, despite cost reduction initiatives, the impact of lower revenue was substantial, and operating profit was ¥94 million, down 54.3% year on year.」
The company explained that cost reduction initiatives are continuing in the Japan segment, but the impact of lower revenue was substantial, resulting in a 54.3% year-on-year decline in operating profit. - FY2019RestatedAnnual report
「In response to price competition and requests for price reductions, the group is implementing permanent cost reduction measures for customers. These include proposing process reductions and other cost reduction measures during the design and prototyping stages, from order receipt through the start of mass production, to achieve continuing reductions in procurement costs after mass production begins; proposing process changes through the elimination of machining to improve operating efficiency across production; and providing higher value-added products to differentiate itself from competitors and secure profitability.」
The company continues to implement cost reduction measures through process reductions, eliminating machining, lower procurement costs, improved operating efficiency and the creation of higher value-added products. - FY2019-Q3RestatedAnnual report
「On the earnings front, operating profit was ¥51 million, up 17.6% year on year, due mainly to lower manufacturing expenses resulting from cost reduction initiatives. On the earnings front, operating profit was ¥122 million, up 41.4% year on year, due to the impact of higher revenue and lower manufacturing expenses resulting from cost reduction initiatives, among other factors.」
This reconfirms that lower manufacturing expenses resulting from cost reduction initiatives contributed to higher earnings in the United States and Thailand. No new cost reduction targets or methods were disclosed. - FY2019-Q2RestatedAnnual report
「On the earnings front, despite higher manufacturing costs resulting from increases in steel prices, operating profit was ¥207 million, up 8.9% year on year, due to cost reduction initiatives.」
The company stated that cost reduction initiatives offset the higher costs resulting from rising steel prices, and that operating profit in the Japan segment increased 8.9% year on year. - FY2019-Q1RestatedAnnual report
「Orders from both domestic and overseas customers remained solid, and net sales were ¥2.964 billion, up 3.7% year on year. On the earnings front, operating profit was ¥88 million, up 8.3% year on year, due to the impact of higher revenue and lower subcontracting processing costs resulting from in-house production, among other factors.」
Lower subcontracting processing costs resulting from in-house production and cost reduction initiatives were cited as factors behind higher earnings. No new cost reduction targets or savings amounts were disclosed. - FY2018RestatedAnnual report
「Amid these conditions, the group has been implementing permanent cost-reduction measures for customers in response to price competition and requests for price reductions. These include proposing measures to reduce costs, such as eliminating processes during the design and prototyping stages from order receipt through the start of mass production, thereby leading to ongoing reductions in procurement costs after mass production begins; proposing process changes such as eliminating cutting to improve operating efficiency throughout production; and securing profitability by providing high-value-added products to differentiate itself from competitors.」
The company continues to implement cost reduction measures through process reductions, eliminating machining, lower procurement costs, improved operating efficiency and the creation of higher value-added products. - FY2018-Q3RestatedAnnual report
「On the earnings front, operating profit was ¥43 million, up 12.4% year on year, due to higher revenue and reductions in selling, general and administrative expenses, among other factors.」
In the United States, reductions in selling, general and administrative expenses contributed to higher earnings, while in Thailand, lower operating expenses resulting from cost reduction initiatives were also a factor. This reconfirms the continuation of existing cost reduction initiatives and their impact on results. - FY2018-Q2RestatedAnnual report
「On the earnings front, operating profit was ¥34 million, up 42.2% year on year, due to the impact of higher revenue and lower operating expenses resulting from cost reduction initiatives, among other factors. On the earnings front, operating profit was ¥71 million, up 93.7% year on year, due mainly to lower operating expenses resulting from cost reduction initiatives. On the earnings front, operating profit was ¥9 million, up 255.0% year on year, due to the impact of higher revenue and lower operating expenses resulting from cost reduction initiatives, among other factors.」
Lower operating expenses resulting from cost reduction initiatives were cited as a factor behind higher earnings in the United States, Thailand and China. The company indicated that the initiatives are continuing and that they are improving results, but disclosed no new cost savings or methods. - FY2018-Q1RestatedAnnual report
「On the earnings front, operating profit was ¥25 million, up 389.3% year on year, due to the impact of higher revenue and lower operating expenses resulting from cost reduction initiatives. On the earnings front, despite cost reduction initiatives, operating profit was ¥24 million, down 9.6% year on year, due to higher operating expenses and the impact of foreign exchange movements, among other factors.」
In the United States, lower operating expenses resulting from cost reduction initiatives contributed to higher earnings. The company also stated that the initiatives are continuing in Thailand, but disclosed no new measures or specific cost savings. - FY2017RestatedAnnual report
「Amid these conditions, the group has been implementing permanent cost-reduction measures for customers in response to price competition and requests for price reductions. These include proposing measures to reduce costs, such as eliminating processes during the design and prototyping stages from order receipt through the start of mass production, thereby leading to ongoing reductions in procurement costs after mass production begins; proposing process changes such as eliminating cutting to improve operating efficiency throughout production; and securing profitability by providing high-value-added products to differentiate itself from competitors.」
The company continues to implement cost reduction measures through process reductions, eliminating machining, lower procurement costs, improved operating efficiency and the creation of higher value-added products. - FY2017-Q3RestatedAnnual report
「On the earnings front, despite group-wide cost reduction initiatives, operating profit was ¥447 million, down 22.8% year on year, due mainly to the impact of lower revenue.」
This reconfirms that group-wide cost reduction initiatives are continuing. However, operating profit fell 22.8% year on year due to the impact of lower revenue. - FY2017-Q2RaisedAnnual report
「On the earnings front, despite group-wide cost reduction initiatives, operating profit was ¥270 million, down 27.3% year on year, due mainly to the impact of lower revenue.」
The scope of the cost reduction initiatives was explicitly broadened from Thailand, which had been specifically mentioned in the previous quarter, to the entire group this quarter. However, operating profit fell 27.3% year on year due to the impact of lower revenue. - FY2017-Q1RestatedAnnual report
「In terms of earnings, although the company conducted cost-reduction activities, the impact of lower sales was significant, and operating income totaled ¥26 million, down 39.6% year on year.」
The company continues cost-reduction activities in Thailand, but stated that they have not been sufficient to absorb the impact of lower sales. - FY2016First statedAnnual report
「Amid these conditions, the group has been implementing permanent cost-reduction measures for customers in response to price competition and requests for price reductions. These include proposing measures to reduce costs, such as eliminating processes during the design and prototyping stages from order receipt through the start of mass production, thereby leading to ongoing reductions in procurement costs after mass production begins; proposing process changes such as eliminating cutting to improve operating efficiency throughout production; and securing profitability by providing high-value-added products to differentiate itself from competitors.」
The company cites process reductions during the design and prototyping stages, eliminating cutting, reducing procurement costs, and increasing value added as means of reducing costs.