Improving Profitability through Various Cost Reductions
First written in FY2017-Q1. 12 of 17 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2022: 2 of 23 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Sales declined mainly because external orders for pallet sales decreased, but in terms of earnings, profit increased due to the effects of various cost reductions and other factors.」
The explanation that lower orders for pallet sales were offset by the effects of various cost reductions and other factors, resulting in higher earnings, is reiterated. - FY2024-Q1RestatedAnnual report
「Although raw material and fuel prices soared, price revisions and other measures,」
The previous earnings improvement measures are reiterated, with price revisions and other measures implemented amid soaring raw material and fuel prices and cited as factors contributing to higher consolidated sales and earnings. - FY2023AdvancedAnnual report
「In the second half of the current fiscal year, the resumption of domestic travel and events led to a recovery in demand for applications such as brochures, and sales volumes increased.」
For domestic sales, multiple price revisions were implemented during the current fiscal year, and efforts were made to pass on higher prices for printing paper, paperboard and other products while expanding sales volumes. - FY2023-Q1RestatedAnnual report
「Although sales increased mainly because of the price revisions for domestic products implemented in the previous fiscal year and higher prices for export products, soaring raw material and fuel prices and other factors,」
The explanation that the price revisions for domestic products implemented in the previous fiscal year and higher prices for export products contributed to higher sales is reiterated. No new measures are mentioned. - FY2022AdvancedAnnual report
「Accordingly, we implemented price revisions for all product categories, including printing and information paper, from January 2022 onward.」
In response to rising raw material, fuel and logistics costs, price revisions covering all product categories were implemented from January 2022 onward. - FY2020-Q3AdvancedAnnual report
「For our group, although price revisions for printing paper were implemented in January 2019, lower domestic demand and weak overseas selling prices resulted in lower sales, with net sales for the first nine months of the current fiscal year totaling ¥201,818 million, down 2.1% year on year. In terms of earnings, operating profit was ¥9,429 million, up 118.9% year on year, and ordinary profit was ¥12,786 million, up 107.9%, as a result of the printing paper price revisions, the effects of various cost reductions and other factors. Net income attributable to owners of the parent was ¥2,685 million, down 26.5% year on year, due to the recognition of an impairment loss on property, plant and equipment at Jiangmen Xinghui Paper Co., Ltd.」
The printing paper price revisions and the effects of various cost reductions contributed to higher operating and ordinary profit, with operating profit increasing 118.9% year on year. - FY2020-Q2RestatedAnnual report
「For our group, the price revisions for printing paper implemented in January 2019 and higher sales at overseas subsidiaries resulted in net sales of ¥136,714 million, up 1.4% year on year, operating profit of ¥7,301 million, up 276.9%, ordinary profit of ¥9,557 million, up 118.7%, and net income attributable to owners of the parent of ¥6,544 million, up 145.3%, for the first six months of the current fiscal year.」
The explanation that the printing paper price revisions from January 2019 and higher sales at overseas subsidiaries contributed to earnings improvement is being continued. - FY2020-Q1Earnings improvement through price revisions for printing paperAnnual report
「For our group, the price revisions for printing paper implemented in January 2019 and higher sales at overseas subsidiaries resulted in net sales of ¥71,560 million, up 4.7% year on year, and operating profit of ¥5,935 million, up 114.0% year on year, for the first quarter of the current fiscal year.」
Regarding the previously stated product price revisions, it is noted that price revisions for printing paper were implemented from January 2019 and, together with higher sales at overseas subsidiaries, contributed to the increase in operating profit. - FY2019-Q3RestatedAnnual report
「The packaging and paper converting business reported lower sales due to fewer orders for liquid containers, information media and other products. In terms of earnings, profit declined despite the implementation of various cost reductions, owing to soaring raw material and fuel prices and other factors.」
The policy of implementing various cost reductions is reiterated, but it is explained that earnings declined due to soaring raw material and fuel prices and other factors. - FY2019-Q1RestatedAnnual report
「The packaging and paper converting business reported lower sales due to fewer orders for liquid containers and other factors. In terms of earnings, profit declined despite the implementation of various cost reductions, owing to soaring raw material and fuel prices and other factors.」
It is explained that earnings declined due to soaring raw material and fuel prices and other factors, despite the implementation of cost reductions. - FY2018RestatedAnnual report
「Our group will continue to pursue thorough cost reductions and the transformation of its business structure in order to further strengthen its earnings structure.」
The policy of continuing thorough cost reductions as a means of strengthening the earnings structure is reiterated. - FY2018-Q2RestatedAnnual report
「The Other businesses, including the wood products, construction, transportation and warehousing businesses, faced a generally challenging order environment and reported lower sales. In terms of earnings, profit increased due to the effects of various cost reductions and other factors.」
The explanation that lower sales resulting from the challenging order environment were offset by the effects of cost reductions is reiterated. - FY2018-Q1RestatedAnnual report
「The packaging and paper converting business reported lower sales due to fewer orders for liquid containers and other factors. In terms of earnings, profit increased due to the effects of various cost reductions and other factors.」
The explanation that cost reductions are a means of improving earnings is reiterated. - FY2017RestatedAnnual report
「Our group has announced product price revisions in Japan and will continue to pursue thorough cost reductions in order to strengthen our profitability.」
The explanation that cost reductions are a means of strengthening the earnings structure is being continued. - FY2017-Q3RestatedAnnual report
「On the earnings front, profits increased as a result of various cost-reduction initiatives and other factors.」
The explanation that the effects of various cost reductions contributed to higher earnings is reiterated. - FY2017-Q2RestatedAnnual report
「On the earnings front, profits increased as a result of various cost-reduction initiatives and other factors.」
The explanation that various cost reductions contributed to higher earnings is reiterated for the packaging and paper converting business and the Other business. - FY2017-Q1First statedAnnual report
「On the earnings front, profits increased as a result of various cost-reduction initiatives and other factors.」
Cost reductions are cited as a factor driving higher profits in the packaging and paper-processing and other businesses.