Improving Quality, Productivity and Cost Competitiveness
First written in FY2016. 17 of 30 entries say "Worsened", first in FY2019-Q2. Latest entry: 2026-11-13.
Ohishi Sangyo moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 7 of 34 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Profit declined due to lower revenue from overseas operations, increased depreciation associated with expanded capital investment, and higher personnel expenses resulting from improved employee treatment and expanded investment in human capital to support growth.」
Although profit increased in the cushioning materials business, overall profit declined due to lower revenue from overseas operations and increases in depreciation and personnel expenses, with challenges relating to quality, productivity and cost competitiveness reflected in the results. - FY2026-H1Profitability improvements and deterioration coexisted across businessesAnnual report
「As a result, revenue in this business increased 5.6% year on year to ¥5,653 million, and segment profit increased 54.0% to ¥597 million. The main factors behind the increase in profit were increases in sales volume and selling price revisions, among other factors. As a result, revenue in this business fell 4.5% year on year to ¥5,643 million, and segment profit fell 22.6% to ¥339 million. The main factors behind the decline in profit were lower revenue in the overseas heavy-duty bags and film businesses, and increased depreciation.」
In the cushioning materials business, segment profit increased due to higher sales volume and price revisions, while profit declined in the packaging materials business due to lower revenue in the overseas heavy-duty bags and film businesses and higher depreciation, indicating that profitability improvement varied by business. - FY2025-H1WorsenedAnnual report
「As a result, revenue for the current interim consolidated accounting period increased 5.8% year on year to ¥11,440 million, despite lower sales volumes of corrugated packaging products for fresh produce, pulp-molded products and heavy-duty bags for domestic synthetic resin applications, due to the effect of selling price revisions for each product, a recovery in sales volume of heavy-duty bags overseas, and expanded sales of pulp-molded trays for office equipment and cast film. Operating profit was ¥386 million, down 31.8% year on year, ordinary profit was ¥469 million, down 34.6%, and interim net profit attributable to owners of the parent was ¥444 million, down 27.0%. The main factors behind the decline in profit were increases in personnel expenses, depreciation and other costs, and foreign exchange losses.」
Although selling price revisions and expanded sales were achieved, operating profit and other measures fell below the year-earlier levels due to increases in personnel expenses, depreciation and other costs, and foreign exchange losses, with challenges in cost competitiveness and profitability improvement reflected in the results. - FY2024WorsenedAnnual report
「In its other divisions as well, the company continues to advance initiatives to upgrade research and development under the themes of enhancing quality, improving productivity and reducing costs, in order to prevail amid intensifying competition among companies and internationally.」
While continuing to enhance quality, improve productivity and reduce costs, the Company saw operating profit and ordinary profit decline due to decreases in sales volume for each product and increases in fixed manufacturing costs, with challenges in cost competitiveness reflected in the results. - FY2024-Q3WorsenedAnnual report
「The main factors behind the decline in profit were primarily decreases in sales volume for each product and increases in fixed manufacturing costs, although selling price revisions had an effect.」
Although selling price revisions had an effect, profit declined due to decreases in sales volume for each product and increases in fixed manufacturing costs, with challenges relating to quality, productivity and cost competitiveness reflected in the results. - FY2024-Q2WorsenedAnnual report
「Operating profit was ¥566 million, down 20.3% year on year, ordinary profit was ¥717 million, down 19.5%, and quarterly net profit attributable to owners of the parent was ¥608 million, down 3.5%. The main factors behind the decline in profit were a decrease in sales volume and increases in fixed manufacturing costs, among other factors.」
Operating profit, ordinary profit and quarterly net profit attributable to owners of the parent fell below the year-earlier levels due to the decrease in sales volume and increase in fixed manufacturing costs, with challenges relating to quality, productivity and cost competitiveness reflected in the results. - FY2024-Q1WorsenedAnnual report
「Operating profit was ¥307 million, down 16.3% year on year, ordinary profit was ¥397 million, down 10.2%, and quarterly net profit attributable to owners of the parent was ¥222 million, down 28.4%. The main factors behind the decline in profit were delays in improving profitability for corrugated packaging products and increases in fixed manufacturing costs, among other factors.」
Delays in improving profitability for corrugated packaging products and increases in fixed manufacturing costs were identified as factors behind the decline in profit, with challenges relating to quality, productivity and cost competitiveness reflected in the results. - FY2023WorsenedAnnual report
「Profit declined due to a decline in profit margins caused by soaring raw material and fuel prices, which outpaced the revisions to selling prices, among other factors.」
Although selling price revisions and cost reduction initiatives were implemented, soaring raw material and fuel prices outpaced the price revisions, resulting in lower profit margins and lower profit in the reported results. - FY2023-Q3WorsenedAnnual report
「The main factors behind the increase in profit were progress in price revisions at consolidated subsidiary CORE PAX(M)SDN.BHD., despite a decline in profit margins due to soaring raw material and fuel prices, and an increase in foreign exchange gains, mainly at the Company, as the yen weakened.」
While price revisions progressed at CORE PAX, the decline in profit margins due to soaring raw material and fuel prices was explicitly noted, indicating that challenges in cost competitiveness persist. Segment profit in the cushioning materials business also fell 5.9% year on year. - FY2023-Q1WorsenedAnnual report
「The main factors behind the declines in operating profit and ordinary profit were the impact of soaring raw material and fuel prices for each product in Japan.」
Operating profit and ordinary profit fell below the year-earlier levels due to soaring raw material and fuel prices. Although this was not a change in the quality improvement and cost reduction initiatives themselves, challenges in cost competitiveness are reflected in the results. - FY2022RestatedAnnual report
「In its other divisions as well, the company continues to advance initiatives to upgrade research and development under the themes of enhancing quality, improving productivity and reducing costs, in order to prevail amid intensifying competition among companies and internationally.」
Quality enhancement, productivity improvement and cost reduction are ongoing priorities in research and development and manufacturing. - FY2022-Q3AdvancedAnnual report
「As a result, sales in this business totaled ¥6,870 million, up 6.2% year on year, and segment profit totaled ¥783 million, up 0.1%.」
Segment profit in the cushioning materials business rose 0.1% year on year, while profit in the packaging materials business was ¥778 million, up 4.1%. Progress in profit is shown by the figures. However, this filing does not state specific effects from quality improvement or cost reduction themselves. - FY2022-Q1AdvancedAnnual report
「Operating profit was ¥399 million, up 41.2% year on year; ordinary profit was ¥462 million, up 46.1%; and profit attributable to owners of the parent was ¥309 million, up 46.2%. The main factors behind the increase in profit were higher sales of each product in Japan and improved profitability in the overseas heavy-duty packaging bag division.」
The benefit of higher sales of each product in Japan and improved profitability in the overseas heavy-duty packaging bag division lifted operating profit and other measures above the previous year’s level. The disclosure shows measurable progress in cost competitiveness and profitability improvement. - FY2021RestatedAnnual report
「Against this backdrop, the Group further intensified innovation initiatives in its sales and manufacturing divisions, while working on new product development, quality improvement initiatives and cost reductions to improve performance.」
The company continues quality improvement, cost reduction and new-product development alongside its innovation activities. - FY2021-Q3AdvancedAnnual report
「Operating profit was ¥930 million, up 24.0% year on year; ordinary profit was ¥1,037 million, up 14.4%; and profit attributable to owners of the parent was ¥692 million, up 4.3%. The main factors behind the increase in profit were the benefit of higher sales in the film business and lower selling, general and administrative expenses due to M&A-related expenses and the COVID-19 pandemic.」
The benefit of higher sales in the film business and lower selling, general and administrative expenses are cited as drivers of higher profit, with increases in operating profit and other measures confirmed by the figures. - FY2021-Q2AdvancedAnnual report
「Operating profit was ¥545 million, up 24.2% year on year; ordinary profit was ¥602 million, up 16.6%; and profit attributable to owners of the parent was ¥411 million, up 21.3%. The main factor behind the increase in profit was lower selling, general and administrative expenses due to M&A-related expenses and the COVID-19 pandemic.」
The increase in operating profit and other measures is shown in quantifiable figures, mainly due to lower selling, general and administrative expenses. - FY2021-Q1AdvancedAnnual report
「Operating profit was ¥282 million, up 42.2% year on year; ordinary profit was ¥316 million, up 39.2%; and profit attributable to owners of the parent was ¥211 million, up 46.5%. The main factors behind the increase in profit were the benefit of higher sales of film products, fixed-cost reductions for pulp-mold products, and improved profitability in corrugated products.」
The effects of fixed-cost reductions and improved profitability in corrugated products were confirmed as drivers of higher profit, with increases in operating profit and other measures shown in quantifiable figures. - FY2020AdvancedAnnual report
「Profit benefited from cost reductions on pulp-mold products in the cushioning materials business, improved profitability in the corrugated products division, and improved profitability in the overseas heavy-duty packaging bag division of the packaging materials business.」
The effects of cost reductions and improved profitability were confirmed as full-year drivers of higher profit, and segment profit in the cushioning materials business rose 37.3% from the previous fiscal year to ¥962 million. - FY2019WorsenedAnnual report
「Although higher sales contributed to higher profit, profit declined because of the significant impact of higher prices for raw materials and other items.」
Higher prices for raw materials and other items caused a full-year decline in profit that exceeded the benefit of higher sales, and the issue of cost competitiveness continues. - FY2019-Q3WorsenedAnnual report
「Profit declined as the sharp rise in raw material and fuel costs caused by substantial increases in international crude oil and recovered-paper prices could not be fully passed through, despite efforts to revise selling prices. Operating profit was ¥617 million, down 30.3% year on year; ordinary profit was ¥740 million, down 28.4%; and profit attributable to owners of the parent was ¥484 million, down 34.0%.」
Despite efforts to revise selling prices, the company could not sufficiently pass through higher raw material and fuel costs, resulting in a substantial decline in profit. - FY2019-Q2WorsenedAnnual report
「Profit declined as the sharp rise in raw material and fuel costs caused by substantial increases in international crude oil and recovered-paper prices could not be absorbed, despite efforts to revise selling prices, improve productivity and reduce fixed costs, as only part of the cost increase was passed through. Operating profit was ¥403 million, down 41.2% year on year; ordinary profit was ¥494 million, down 36.8%; and profit attributable to owners of the parent was ¥315 million, down 44.8%.」
Despite efforts to revise selling prices, improve productivity and reduce fixed costs, the company could not absorb the sharp rise in raw material and fuel costs, resulting in a substantial decline in profit. The cost-competitiveness issue has become clearer than in the previous quarter. - FY2019-Q1Cost pressures have become apparentAnnual report
「As a result, net sales for the cumulative first quarter of the fiscal year amounted to ¥4,677 million, up 0.9% year on year, mainly due to higher sales of film and corrugated products. As for earnings, the company was still in the process of passing higher manufacturing costs, including fuel and raw material costs, through to selling prices. Operating income was ¥263 million, down 32.1% year on year, ordinary income was ¥307 million, down 31.5%, and net income attributable to owners of the parent was ¥207 million, down 33.1%.」
The pass-through of higher manufacturing costs, including raw material and fuel expenses, into selling prices remains incomplete, and profit has declined. Although the policy itself on quality improvement and cost reduction has not changed, the results show an issue with cost competitiveness. - FY2018RestatedAnnual report
「Against this backdrop, the group will further intensify innovation activities in its sales and manufacturing divisions, continue its efforts to improve quality and reduce costs, and work to improve business performance.」
The company has reaffirmed its policy of continuing quality improvement, cost reduction and the upgrading of production technology. No new achievement is reported. - FY2017AdvancedAnnual report
「Against this backdrop, the group will continue to accelerate new-product development, promote Total Packaging Solution (TPS) proposals, further expand company-wide innovation activities, pursue quality improvement and cost reductions, and work to improve business performance.」
The company explicitly identified quality improvement and cost reduction as company-wide initiatives for the next fiscal year. The current fiscal year also included higher profit from fixed-cost reductions and cost improvement effects. - FY2016First statedAnnual report
「Under the themes of enhancing quality, improving productivity and reducing costs, we continue to advance initiatives to upgrade production technology.」
The company has identified quality, productivity and costs as the key themes for upgrading its manufacturing technology.