Scaling Back Sales of Certain Products to Improve Profitability
First written in FY2017-Q1. 6 of 9 entries say "Restated". Latest entry: FY2019-Q1.
1 other company's latest entry also says "Dropped".
- FY2019-Q1DroppedAnnual report
「Revenue and profit from synthetic fiber nonwoven products both increased as production efficiency improved and sales of products for cosmetics began, despite weakness in some products for diapers.」
This filing does not mention the previously disclosed reduction or discontinuation of sales of certain products aimed at improving profitability. Instead, it states that sales of certain products for disposable diapers were soft. - FY2018RestatedAnnual report
「Sales and profit of pulp nonwoven base materials decreased because the Group reduced sales of certain products for disposable towels to review its sales mix and sales of products for drip absorption sheets declined. Sales of chemical-fiber nonwoven products decreased because the Group discontinued sales of certain products to improve business profitability, despite solid sales of products for disposable diapers.」
The Group continues to reduce and discontinue sales of certain products to improve profitability and review its sales mix. Sales in the nonwoven-related business decreased 1.0%, while segment profit increased 4.4%. - FY2018-Q3RestatedAnnual report
「Sales and profit of pulp nonwoven base materials decreased because the Group reduced sales of certain products for disposable towels to improve business profitability and sales of products for drip absorption sheets declined. Sales and profit of processed pulp nonwoven products increased because sales of cooking paper grew. Sales of chemical-fiber nonwoven products decreased because the Group discontinued sales of certain products to improve business profitability, despite solid sales of products for disposable diapers. Profit increased, however, due in part to improved profitability and production efficiency. As a result, nine-month cumulative sales were ¥5,836 million, down 1.5% year on year, and segment profit was ¥1,078 million, up 3.4%.」
The Group continues to reduce and discontinue sales of certain products to improve profitability. In the nonwoven-related business, sales declined 1.5% year on year, while segment profit increased 3.4%. - FY2018-Q2RestatedAnnual report
「Sales and profit of pulp nonwoven base materials decreased because the Group reduced sales of certain products for disposable towels to improve business profitability and sales of drip absorption sheets declined. Sales and profit of processed pulp nonwoven products increased because sales of cooking paper grew. Sales of chemical-fiber nonwoven products decreased because the Group discontinued sales of certain products to improve business profitability, but profit increased due in part to improved production efficiency. As a result, first-half cumulative sales were ¥3,824 million, down 3.2% year on year, and segment profit was ¥720 million, up 8.2%.」
The Group continues to reduce and discontinue sales of certain products to improve profitability. In the nonwoven-related business, sales declined 3.2% year on year, while segment profit increased 8.2%. No new stage of product curtailment or change in policy is indicated. - FY2018-Q1AdvancedAnnual report
「Sales and profit of pulp nonwoven base materials decreased because the Group reduced sales of certain products for disposable towels to improve business profitability and sales of drip absorption sheets declined. Sales and profit of processed pulp nonwoven products increased because sales of cooking paper grew. Sales of chemical-fiber nonwoven products decreased because the Group discontinued sales of certain products to improve business profitability, but profit increased due in part to improved production efficiency. As a result, first-quarter cumulative sales were ¥1,898 million, down 3.6% year on year, and segment profit was ¥346 million, up 12.1%.」
The Group has extended the reduction and discontinuation of sales of certain products to improve profitability to its nonwoven-related business. Sales in that business declined 3.6%, while segment profit increased 12.1%. - FY2017RestatedAnnual report
「Sales of products for disposable diapers and pet sheets remained solid, but sales increased only slightly because the Group curbed sales of certain products to optimize its sales mix. Profit increased because raw material and fuel prices remained soft, partly due to the stronger yen. As a result, full-year sales were ¥4,895 million, up 1.3% year on year, and segment profit was ¥954 million, up 64.4%.」
The Group continues its policy of curbing certain products to optimize its sales mix. Sales in the paper-related business increased 1.3%, while segment profit increased 64.4%. No new stage of product curtailment or change in policy is indicated. - FY2017-Q3RestatedAnnual report
「Sales of the Group's products for hygiene materials remained solid, supported in part by continued strong exports by disposable diaper manufacturers. However, sales remained roughly in line with the same period of the previous year because the Group curbed sales of certain products to optimize its sales mix. Profit increased because raw material and fuel prices remained soft, partly due to the stronger yen. As a result, for the first nine months of the fiscal year, sales were ¥3,651 million, down 0.1% year on year, and segment profit was ¥738 million, up 83.8%.」
The Group continues to curb sales of certain products to optimize its sales mix. Sales in the paper-related business declined 0.1% year on year, while segment profit increased 83.8%. - FY2017-Q2RestatedAnnual report
「Sales of sanitary paper declined slightly because the Group reduced sales of certain products to optimize its sales mix, despite solid sales of products for hygiene materials.」
The previous reduction in sales of certain products to improve profitability continues, this time described as "optimizing the sales mix." - FY2017-Q1First statedAnnual report
「Sales of sanitary paper decreased because the Group reduced sales of certain products to improve business profitability, despite strong sales of products for disposable diapers.」
For the first time, the Group explicitly disclosed a review of its product mix involving reduced sales of certain products to improve profitability.