Review of Unprofitable Projects
First written in FY2017-Q2. 2 of 5 entries say "Restated". Latest entry: FY2021-Q2.
25 other companies' latest entry also says "Other".
- FY2021-Q2Reposted and incorporated into profitability-focused measuresAnnual report
「Profitability improved substantially as a result of cost reductions through the rationalization and restructuring of the production system pursued since the previous fiscal year, including a review of personnel allocation and the optimal placement of machinery and equipment; reductions in fixed costs through measures such as closing unprofitable plants; reductions in variable labor costs, personnel expenses and selling, general and administrative expenses in response to the COVID-19 pandemic; and the broad adoption of various profitability-focused sales measures, including the review of unprofitable projects. Operating profit was ¥937 million, up 30.5% year on year.」
The review of unprofitable projects, which had temporarily ceased to be stated explicitly, was again identified as part of a sales strategy focused on profitability and cited as a factor behind improved profitability and higher operating income. - FY2018DroppedAnnual reportThe current year's management strategy and description of the Envelope business's performance contain no identifiable direct reference to the review of unprofitable projects.
- FY2018-Q1RestatedAnnual report
「To expand sales in the Tokyo metropolitan area as part of our area strategy, we have worked to deepen relationships with existing customers and develop new customers, while also reviewing unprofitable projects to strengthen earning power.」
It continues to pursue the review of unprofitable projects in the Envelope business as a measure to strengthen earning power. - FY2017RestatedAnnual report
「We have also been reviewing unprofitable projects to strengthen earning power. / ■ Earnings improvement through the review of unprofitable projects」
It continues the review of unprofitable projects as a full-year earnings improvement measure and explicitly includes it in the basic policy for addressing issues. - FY2017-Q2First statedAnnual report
「In terms of earnings, although we worked on revising selling prices and reviewing unprofitable projects, operating profit was ¥454 million, down 23.9% year on year, due in part to the impact of lower sales.」
It newly identifies the review of unprofitable projects as a measure to improve earnings in the Envelope business.