Profit improvement through lower raw-material and fuel prices and cost reductions
First written in FY2017-Q1. 4 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2018: 6 of 21 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The resin materials business posted a significant increase in revenue due to price increases in response to higher raw material costs for urethane feedstocks and recovering demand for tire adhesives following the COVID-19 pandemic. Going forward, the business will seek to secure profits through thorough cost reductions and other measures.」
The policy of using cost reductions to secure profits has been reiterated in the business explanation addressing higher raw material costs and recovering demand. - FY2019RestatedAnnual report
「[Basic policy]・Implement cost reductions ・Expand production capacity ・Develop new applications ・Expand sales globally」
The basic policy for the core businesses, including cost reductions, has been reiterated as a specific measure under the medium-term management plan. - FY2017-Q3RestatedAnnual report
「In terms of profit and loss, although revenue declined, operating profit increased by ¥893 million year on year to ¥897 million, due to cost reductions, raw materials and fuel remaining at low prices, and other factors.」
The explanation citing cost reductions and low raw material and fuel prices as factors behind profit improvement despite the revenue decline has continued. - FY2017-Q2RestatedAnnual report
「In terms of profit and loss, although revenue declined, operating profit increased by ¥508 million year on year to ¥526 million, due to raw materials and fuel remaining at low prices, cost reductions and other factors.」
The explanation citing low raw material and fuel prices and cost reductions as factors behind profit improvement has continued. - FY2017-Q1.Annual report
「Although revenue declined, operating profit increased by ¥346 million year on year to ¥189 million, helped by lower raw-material and fuel prices and cost reductions.」
Lower raw-material and fuel prices and cost reductions are identified as measures that improved operating profit despite lower revenue.