Higher Cost Ratios Due to Lower Utilization at Domestic Plants
First written in FY2018-Q1. 8 of 20 entries say "Worsened", first in FY2022. Latest entry: 2026-08-12.
Fujix moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
1 other company's latest entry also says "Worsened".
- 2026-08-12WorsenedEarnings
「Factors reducing profit, including lower factory utilization in Japan associated with the overseas transfer of sewing thread production」
Lower utilization at domestic factories associated with the overseas transfer of production continued to reduce profit, together with higher raw material and material prices. - FY2026WorsenedAnnual report
「On the profit side, in addition to lower revenue, the decline in gross profit margin caused by lower factory operating rates due to reduced production, changes in the product sales mix, and persistently high raw-material prices resulted in an operating loss of ¥222 million, compared with a loss of ¥195 million in the previous fiscal year.」
Lower production, reduced factory utilization, changes in product mix, and persistently high raw material prices increased the operating loss from the previous period through their effect on the gross profit margin. - 2026-05-14WorsenedEarnings
「The decline in factory utilization, changes in the product mix, and the decline in the gross profit margin on net sales caused by persistently high manufacturing costs, including raw material prices, weighed on results.」
Lower utilization at domestic factories and persistently high manufacturing costs reduced profit through a decline in the gross profit margin on net sales. - FY2025-H1WorsenedAnnual report
「On the profit side, although the company's price revisions contributed to higher profit, the decline in revenue, lower operating rates at the company's factories, and elevated manufacturing costs due to rising raw-material prices weighed on results. The segment recorded a loss of ¥79 million, compared with a profit of ¥32 million in the previous interim consolidated accounting period.」
Lower operating rates at domestic factories, together with elevated manufacturing costs due to rising raw-material prices, contributed to lower profit, causing the Japan segment to turn from profit in the same period of the previous year to a loss. - FY2024RestatedAnnual report
「Although price revisions and changes in the product sales mix contributed to higher profit, elevated manufacturing costs, sluggish sales by the company, and lower operating rates at domestic factories also weighed on results. The segment recorded a loss of ¥17 million, compared with a loss of ¥155 million in the previous fiscal year.」
Although lower operating rates at domestic factories remained a factor contributing to lower profit together with elevated manufacturing costs, the Japan segment loss narrowed from the previous year. - FY2024-Q2WorsenedAnnual report
「On the profit side, despite elevated manufacturing costs, sluggish operating rates at domestic factories and the delayed recovery of the Chinese subsidiary also weighed on results. The operating loss was ¥0 million, compared with a loss of ¥95 million in the same period of the previous year, while ordinary profit was ¥45 million, compared with an ordinary loss of ¥72 million in the same period of the previous year.」
In the previous quarter, higher factory operating rates were identified as a factor contributing to higher profit, but in the current quarter, sluggish operating rates at domestic factories became a factor weighing on profit together with elevated manufacturing costs. - FY2024-Q1MitigatedAnnual report
「Although manufacturing costs overall remained elevated, profit increased due to domestic sales price revisions implemented since last autumn and higher revenue in the segment. Changes in the company's product sales mix and higher factory operating rates also contributed, resulting in segment profit of ¥27 million, compared with a loss of ¥59 million in the same period of the previous year.」
Although manufacturing costs overall remained elevated, higher factory operating rates, price revisions and higher revenue contributed to the Japan segment turning from a loss to a profit. The pressure from the previously reported increase in the cost ratio due to lower operating rates at domestic factories eased. - FY2023-Q2WorsenedAnnual report
「On the profit side, although selling, general and administrative expenses remained low, changes in the product sales mix and lower gross profit margins due to higher manufacturing costs overall, including raw-material and energy costs, weighed on results. The segment recorded a loss of ¥87 million, the same severe result as in the same period of the previous year, which also recorded a loss of ¥87 million.」
In the domestic segment, higher manufacturing costs overall, including raw-material and energy costs, contributed to the loss through lower gross profit margins. Despite low selling, general and administrative expenses, the segment recorded a loss of ¥87 million, the same as in the same period of the previous year. - FY2023-Q1WorsenedAnnual report
「Although selling, general and administrative expenses remained low compared with before the COVID-19 pandemic, the decline in production of the company's household sewing thread increased manufacturing costs. Together with higher raw-material prices and changes in the product mix, this reduced the gross profit margin and resulted in a segment loss of ¥59 million, compared with a ¥43 million loss in the previous corresponding period.」
In the Japan segment, lower production of household sewing thread, rising raw-material prices, and a decline in the gross profit margin due to changes in the product sales mix contributed to lower profit, and the loss widened from the same period of the previous year. - FY2022WorsenedAnnual report
「In addition to declines in the company's revenue and production volume, increases in raw-material prices and transportation costs due to higher crude oil prices pushed up manufacturing costs. The segment recorded a loss of ¥191 million, compared with a profit of ¥31 million in the previous fiscal year.」
In addition to lower revenue and production volume, increases in raw-material prices and transportation costs due to higher crude oil prices pushed up manufacturing costs, causing the domestic segment to turn from profit to loss. - FY2020MitigatedAnnual report
「On the profit side, despite factors contributing to lower profit from the decline in revenue, improved margins due to sales price revisions, lower personnel expenses, and lower expenses, including one-off costs related to the rebuilding of the head office building in the previous fiscal year, reduced the pressure on profit from domestic cost factors. Operating profit was ¥42 million, compared with a loss of ¥42 million in the previous fiscal year, and ordinary profit was ¥121 million, up 296.2% year on year.」
The company stated that improved margins from sales price revisions, lower personnel expenses, and lower expenses following the absence of rebuilding-related costs incurred in the previous fiscal year eased the pressure on profit from domestic cost factors. - FY2020-Q2RestatedAnnual report
「On the profit side, although margins improved following the sales-price revisions, factors hindering growth in gross profit included declining sales volumes at the company and a trend toward higher manufacturing costs. Segment profit was ¥8 million, compared with a ¥73 million loss in the previous corresponding period.」
In the domestic segment, the decline in sales volume and the continued upward trend in manufacturing costs were identified as factors hindering an increase in gross profit. - FY2019Higher personnel expenses, raw-material and dye prices, and freight costs added to domestic factors contributing to lower profitAnnual report
「The Group's efforts to absorb various cost increases, including recent rises in personnel expenses, raw-material and dye prices, and freight costs, have reached their limit,」
In addition to the previously cited lower revenue, changes in the product mix, and rebuilding-related expenses, increases in personnel expenses, raw-material and dye prices, and freight costs were explicitly identified as factors driving cost increases in the domestic business. - FY2019-Q3Higher personnel expenses added to domestic factors contributing to lower profit, widening the lossAnnual report
「On the profit side, in addition to factors reducing profit due to lower revenue, changes in the product mix and higher personnel expenses, expenses increased as described above in connection with rebuilding the company's Tokyo branch and head office buildings. As a result, the segment posted a loss of ¥107 million, compared with a ¥31 million loss in the previous corresponding period.」
In addition to the previously cited lower operating rates and rising raw-material prices, higher personnel expenses were identified this time as a factor contributing to lower profit in the domestic segment. The domestic segment loss widened from ¥31 million in the same period of the previous year to ¥107 million. - FY2019-Q2MaterialisedAnnual report
「On the profit side, in addition to factors reducing profit due to lower revenue and changes in the product mix, expenses increased as described above, including the cost of temporary office rent associated with rebuilding the company's Tokyo branch and head office buildings. As a result, the segment posted a loss of ¥73 million, compared with a ¥22 million loss in the previous corresponding period.」
Expenses such as rent for temporary offices were actually incurred in connection with the rebuilding of the Tokyo branch and head office buildings, and, together with lower revenue and changes in the product sales mix, emerged in actual results as factors contributing to the loss in the domestic segment. - FY2019-Q1Domestic factors contributing to lower profit described as lower revenue and changes in the product sales mixAnnual report
「On the profit side, partly due to lower revenue and changes in the product sales mix, the segment recorded a loss of ¥35 million, compared with a profit of ¥2 million in the same period of the previous year.」
Rather than the previously reported lower operating rates at domestic factories and rising raw-material prices, lower revenue and changes in the product sales mix were identified this time as factors contributing to the loss in the domestic segment. - FY2018ReframedAnnual report
「On the profit side, the Asia segment as a whole showed a trend toward higher profit as revenue increased. In the Japan segment, however, in addition to changes in the product sales mix, one-off expenses such as repair costs resulted in an operating loss of ¥39 million, compared with a profit of ¥20 million in the previous fiscal year, and ordinary profit of ¥34 million, down 42.4% year on year.」
In addition to the previously cited lower operating rates at domestic factories and rising raw-material prices, changes in the product sales mix and one-off expenses such as repair costs were identified this time as factors contributing to the loss in the domestic segment. - FY2018-Q3RestatedAnnual report
「On the profit side, in addition to lower product sales, lower operating rates at domestic factories and the resulting increase in the cost ratio due to rising raw-material prices also contributed to lower profit. The segment recorded a loss of ¥31 million, compared with a profit of ¥34 million in the same period of the previous year.」
Lower operating rates at domestic factories and the resulting increase in the cost ratio due to rising raw-material prices continued to be cited as factors contributing to lower profit in the domestic segment, with the loss reflected in actual results. - FY2018-Q2ReframedAnnual report
「On the profit side, factors contributing to lower profit included a higher cost ratio due to rising raw-material prices and changes in the product sales mix. As a result, the segment recorded a loss of ¥22 million, compared with a profit of ¥15 million in the same period of the previous year.」
The explanation of domestic cost pressures has changed from the previous report, which cited lower operating rates at domestic factories, to higher costs and lower profit due to rising raw-material prices and changes in the product sales mix. - FY2018-Q1First statedAnnual report
「On the profit side, in addition to lower profit at the Chinese production subsidiary, factors including a higher cost ratio due to lower operating rates at domestic factories resulted in operating profit of ¥8 million, down 73.0% year on year, and ordinary profit of ¥31 million, down 18.2%.」
The company stated that lower operating rates at domestic factories and the resulting increase in the cost ratio emerged in actual results as factors contributing to lower profit.