Thorough Cost Reduction

「その結果、当セグメントの売上高は1,147百万円（前年同期比10.1％減）となり、売上高の減少及び主要原燃料価格の高騰などにより、営業利益は23百万円（前年同期比2.2％減）となりました。」

「Owing to the effects of selling price increases and the implementation of cost reductions, operating profit was ¥108 million, compared with operating profit of ¥1 million in the previous consolidated fiscal year.」

「As a result, revenue in this segment was ¥1,586 million, up 8.4% year on year, while operating profit was ¥133 million, up 105.2%, owing to higher revenue and cost reductions.」

「Despite the occurrence of a reversal of inventory write-downs, the company implemented selling price increases and thorough cost reductions, resulting in an operating loss of ¥20 million, compared with an operating loss of ¥170 million in the same period of the previous year.」

「In terms of earnings, owing to lower revenue, decreased production volumes and persistently high prices for major raw materials and fuels, the company recorded an operating loss of ¥578 million, compared with operating profit of ¥251 million in the same period of the previous year, an ordinary loss of ¥503 million, compared with ordinary profit of ¥215 million, and a quarterly net loss attributable to owners of the parent of ¥381 million, compared with quarterly net profit attributable to owners of the parent of ¥168 million.」

「In terms of earnings, owing to lower revenue, decreased production volumes and persistently high prices for major raw materials and fuels, the company recorded an operating loss of ¥277 million, compared with operating profit of ¥216 million in the same period of the previous year, an ordinary loss of ¥277 million, compared with ordinary profit of ¥184 million, and a quarterly net loss attributable to owners of the parent of ¥192 million, compared with quarterly net profit attributable to owners of the parent of ¥159 million.」

「In terms of earnings, owing to lower revenue, decreased production volumes and persistently high prices for major raw materials and fuels, the company recorded an operating loss of ¥39 million, compared with operating profit of ¥185 million in the same period of the previous year, an ordinary loss of ¥37 million, compared with ordinary profit of ¥190 million, and a quarterly net loss attributable to owners of the parent of ¥26 million, compared with quarterly net profit attributable to owners of the parent of ¥136 million.」

「In terms of earnings, despite the impact of soaring prices for major raw materials and fuels, operating profit was ¥385 million, up 3.3% from the previous fiscal year, and ordinary profit was ¥341 million, up 18.5%, owing to the correction of selling prices and cost reductions.」

「Against this backdrop, the Group worked to enhance corporate value under its three-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024) by improving profitability through cost reductions, implementing its growth strategy and improving the efficiency of its management resources.」

「In terms of earnings, despite the impact of soaring prices for major raw materials and fuels, operating profit was ¥185 million, up 28.4% year on year, ordinary profit was ¥190 million, up 94.7%, and net profit attributable to owners of the parent was ¥136 million, up 125.2%, owing to higher revenue from the recovery in demand and the correction of selling prices, as well as the effect of cost reductions from increased production volumes.」

「Against this backdrop, based on the 3-year Sixth Medium-Term Management Plan (fiscal years ending March 2022 to March 2024), our group worked to achieve an early recovery in earnings, which had been adversely affected by the COVID-19 pandemic, and enhance corporate value by improving profitability through cost reductions, implementing our growth strategy and improving the efficiency of management resources.」

「Under the cost reduction plan, in fiscal 2021, the first year of the plan, we will curb spending and pursue thorough fixed-cost reductions, with the goal of increasing productivity per employee to at least 1.5 times the current level in 3 years.」

「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), the Group promoted the concentration of management resources, including capital investment and research and development investment, in businesses where it can leverage its strengths and expect growth. At the same time, for businesses with low profitability, it assessed their future prospects and other factors and worked to strengthen the Group-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures.」

「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures.」

「Under the three-year Fifth Medium-Term Management Plan (fiscal years ending March 2019 to March 2021), we promoted the concentration of management resources, including capital investment and research and development investment, in businesses where we can leverage our strengths and expect growth. At the same time, for businesses with low profitability, we assessed their future prospects and other factors and worked to strengthen the company-wide earnings power and build a new foundation by substantially reducing sales and undertaking fundamental reforms to their cost structures.」

「Specifically, for businesses in which we can capitalize on our strengths and which are expected to grow, we will concentrate management resources, including capital investment and R&D investment. For businesses with low profitability, we will assess their future prospects and other factors and pursue measures such as substantially scaling back sales and fundamentally reforming their cost structures, thereby strengthening the profitability of the company as a whole and developing a new foundation for growth.」

「For businesses with low profitability, we assessed their future prospects and other factors and pursued measures such as substantially scaling back sales and fundamentally reforming their cost structures, thereby strengthening the profitability of the company as a whole and developing a new foundation for growth.」

「For businesses with low profitability, we will assess their future prospects and other factors and pursue measures such as substantially scaling back sales and fundamentally reforming their cost structures, thereby strengthening the profitability of the company as a whole and developing a new foundation for growth.」

「While striving to provide customers with products of the highest quality, we are working to reduce costs to secure an appropriate profit margin and to conduct business efficiently while maintaining a balance between quality and profit.」

「Thorough Cost Reduction」