Delays in Improving Production Efficiency and Yield at the Mexico Operation and Higher Costs
First written in FY2019-Q1. 5 of 9 entries say "Restated". Latest entry: FY2024.
1 other company's latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「Meanwhile, as semiconductor shortages and higher raw material and transportation costs eased, orders for car seats and airbags increased, while quality improvements and cost-reduction activities at each site proved effective, resulting in higher revenue and profit.」
Quality improvements and cost-cutting activities at each facility, including Mexico, paid off, resulting in higher revenue and profit for the overseas business as a whole. - FY2020MitigatedAnnual report
「At the Mexico plant, where we had been working to rapidly expand production capacity in response to a sharp increase in orders in the previous fiscal year, improvements in production efficiency and yield, which had been challenges, progressed. Operating profit turned positive from the first quarter, resulting in improved profitability.」
The Company continues to report for the full fiscal year that improvements in production efficiency and yield at the Mexico facility progressed and operating income had remained positive since the first quarter. - FY2020-Q3RestatedAnnual report
「At the Mexico plant, improvements in production efficiency and yield, which had been challenges, progressed. Operating profit turned positive from the first quarter, resulting in improved profitability.」
Improvements in production efficiency and yield at the Mexico facility and the return to positive operating income continue. - FY2020-Q2RestatedAnnual report
「Improvements in production efficiency and yield, which had been challenges, progressed, operating income turned positive from the first quarter, and profit improved.」
Improvements in production efficiency and yield at the Mexico facility and the return to positive operating income continue. - FY2020-Q1MitigatedAnnual report
「In Mexico, where the Company had been working to expand production capacity in response to a substantial increase in orders in the previous fiscal year, production efficiency and yield improved, and both operating income and ordinary income turned positive in the first quarter.」
Improvements progressed in production efficiency and yield, which had been issues at the Mexico facility, and operating income and ordinary income turned positive. - FY2019RestatedAnnual report
「In Mexico, where expanding production capacity became urgent due to a substantial increase in orders, improvements in production efficiency and yield were delayed, resulting in higher expenses including raw material and logistics costs. As a result, the overseas business as a whole reported higher revenue but lower profit compared with the previous fiscal year.」
At the Mexico facility, expanding production capacity in response to increased orders is urgent, while delays in improving production efficiency and yield and higher expenses continue. - FY2019-Q3RestatedAnnual report
「一方で、大幅な受注増により、生産能力拡大が急務となったメキシコにおいて、生産効率改善および歩留まり改善に遅れが生じ、それによる原材料費や物流費などの経費増があり、海外事業全体では前年同期比で増収・減益となりました。」
At the Mexico facility, delays in improving production efficiency and yield, along with the resulting higher expenses including raw material and logistics costs, continued. - FY2019-Q2RestatedAnnual report
「一方で、大幅な受注増により、生産能力拡大が急務となったメキシコにおいて、生産効率改善および歩留まり改善に遅れが生じ、それによる原材料費や物流費などの経費増があり、海外事業全体では前年同期比で増収・減益となりました。」
At the Mexico facility, delays in improving production efficiency and yield, along with the resulting higher expenses including raw material and logistics costs, continued. - FY2019-Q1MaterialisedAnnual report
「In Mexico, where expanding production capacity became urgent because of higher orders, improvements in production efficiency and yield fell behind schedule, resulting in higher expenses such as raw material and logistics costs. Consequently, the overseas business as a whole reported higher sales but lower earnings year on year.」
Delays in improving production efficiency and yield and the resulting increases in raw material and logistics costs actually occurred at the Mexico operation.