Enhancing Profitability, Customer Focus and Value Chain Transformation
First written in FY2016. 10 of 37 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-13.
The whole theme swung hardest in 2020: 14 of 68 companies on the "Worse" side.
2 other companies' latest entry also says "Cited as achieved".
- FY2026Record full-year revenue and net profit, lower operating profitAnnual report
「For the current consolidated fiscal year, from April 2025 to March 2026, the Group reported revenue of ¥811,638 million, up 0.5% from the previous consolidated fiscal year, operating profit of ¥32,894 million, down 17.9%, ordinary profit of ¥28,873 million, down 12.1%, and net income attributable to owners of the parent of ¥30,977 million, up 22.4%.」
For the full year, revenue increased, operating profit and ordinary profit declined, and net income increased, resulting in mixed trends across earnings indicators. - FY2026-H1Interim revenue growth, operating profit decline and net income growthAnnual report
「For the current interim consolidated accounting period, the Group reported revenue of ¥397,428 million, up 0.4% year on year, operating profit of ¥14,963 million, down 21.7%, ordinary profit of ¥11,762 million, down 18.3%, and interim net income attributable to owners of the parent of ¥11,049 million, up 8.7%.」
Although interim revenue increased, operating profit and ordinary profit declined while interim net income attributable to owners of the parent increased, resulting in mixed trends across earnings indicators. - FY2025-H1AdvancedAnnual report
「For the current interim consolidated accounting period, the Group reported revenue of ¥395,963 million, up 7.0% year on year, operating profit of ¥19,101 million, up 51.5%, ordinary profit of ¥14,391 million, up 13.0%, and interim net income attributable to owners of the parent of ¥10,162 million, up 14.2%.」
Revenue, operating profit, ordinary profit and interim net income exceeded the prior-year interim results, demonstrating an improvement in earnings power. - FY2024-Q3Third-quarter recovery and cumulative profit declineAnnual report
「For the cumulative third quarter of the current consolidated period, the Group reported revenue of ¥564,728 million, down 0.4% year on year, operating profit of ¥21,611 million, down 21.8%, ordinary profit of ¥19,351 million, down 27.3%, and quarterly net income attributable to owners of the parent of ¥13,438 million, down 28.9%. Although the challenging demand environment continued, earnings in the third quarter of the current consolidated accounting period, from 1 October 2023 to 31 December 2023, exceeded the level recorded in the second quarter, from 1 July 2023 to 30 September 2023, and recovery is progressing.」
Although revenue and profit continued to decline on a cumulative third-quarter basis, third-quarter earnings exceeded the second-quarter level, indicating a quarterly recovery. - FY2024-Q2Second-quarter earnings recoveryAnnual report
「Despite the challenging demand environment, earnings in the second quarter of the current consolidated accounting period, from 1 July 2023 to 30 September 2023, were at or above the level recorded in the first quarter of the current consolidated accounting period, from 1 April 2023 to 30 June 2023, across all business segments, and recovery is progressing steadily.」
Although revenue, operating profit, ordinary profit and net income for the cumulative second quarter declined year on year, earnings in the second quarter were at or above the first-quarter level across all segments, indicating a recovery trend. - FY2024-Q1First-quarter revenue and profit decline, with earnings on an improving trendAnnual report
「For the first quarter of the current consolidated cumulative period, revenue was ¥182,740 million, down 5.2% year on year, operating profit was ¥5,603 million, down 54.1%, ordinary profit was ¥6,674 million, down 54.8%, and net income attributable to owners of the parent was ¥4,241 million, down 59.7%. Ordinary profit and net income attributable to owners of the parent have been steadily improving since the third quarter of the previous fiscal year.」
Although the first quarter saw lower revenue and profit, ordinary profit and quarterly net income attributable to owners of the parent showed an improving trend from the third quarter onward. - FY2023Full-year growth in revenue and decline in profitAnnual report
「For the fiscal year, Group revenue increased 9.3% to ¥755,821 million, while operating profit declined 19.5% to ¥35,087 million, ordinary profit declined 20.6% to ¥32,411 million, and net profit attributable to owners of the parent declined 13.1% to ¥23,008 million, resulting in higher revenue but lower profit.」
Although revenue increased, operating profit, ordinary profit and net income attributable to owners of the parent declined, resulting in higher revenue but lower profit for the full year. - FY2023-Q3Revenue Growth and Profit DeclineAnnual report
「For the cumulative third quarter under review, revenue increased 11.5% year on year to ¥567,143 million, while operating profit declined 17.1% to ¥27,621 million, ordinary profit declined 15.0% to ¥26,601 million, and quarterly net profit attributable to owners of the parent declined 14.2% to ¥18,890 million.」
For the cumulative third quarter, revenue increased, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all declined year on year. - FY2023-Q2Lower operating profit, higher ordinary profitAnnual report
「For the cumulative second quarter under review, revenue increased 15.2% year on year to ¥380,602 million, operating profit declined 9.6% to ¥20,813 million, ordinary profit increased 7.8% to ¥22,518 million, and quarterly net profit attributable to owners of the parent increased 12.2% to ¥16,568 million.」
Although first-half revenue, ordinary profit and quarterly net profit attributable to owners of the parent exceeded the year-earlier results, operating profit declined 9.6% year on year. - FY2023-Q1AdvancedAnnual report
「For the cumulative first quarter under review, revenue increased 17.4% year on year to ¥192,739 million, operating profit increased 3.1% to ¥12,212 million, ordinary profit increased 37.1% to ¥14,756 million, and quarterly net profit attributable to owners of the parent increased 35.6% to ¥10,518 million.」
In the first quarter of the fiscal year ending March 2023, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent exceeded the year-earlier results, demonstrating quantitative improvement in earnings power. - FY2022-Q3AdvancedAnnual report
「For the cumulative third quarter under review, the Group recorded significant increases in both revenue and profit: revenue was ¥508,716 million, up 20.7% year on year; operating profit was ¥33,317 million, up 92.7%; ordinary profit was ¥31,288 million, up 147.7%; and quarterly net profit attributable to owners of the parent was ¥22,021 million, up 128.0%.」
For the cumulative third quarter, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased significantly, showing quantitative progress in the improvement of earnings power. - FY2022-Q2AdvancedAnnual report
「Under these conditions, for the cumulative second quarter under review, revenue increased 23.8% year on year to ¥330,267 million, operating profit increased 227.2% to ¥23,015 million, ordinary profit increased 420.0% to ¥20,891 million, and quarterly net profit attributable to owners of the parent increased 496.2% to ¥14,766 million.」
For the cumulative second quarter, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all significantly exceeded the year-earlier results, showing quantitative progress in the improvement of earnings power. - FY2022-Q1AdvancedAnnual report
「Under these conditions, for the cumulative first quarter under review, revenue increased 29.6% year on year to ¥164,106 million, operating profit increased 483.9% to ¥11,848 million, ordinary profit increased 1,207.6% to ¥10,765 million, and quarterly net profit attributable to owners of the parent increased 1,674.9% to ¥7,757 million.」
First-quarter revenue and all profit indicators significantly exceeded the year-earlier results, demonstrating a quantitative recovery in earnings power. - FY2021AdvancedAnnual report
「For the fiscal year, Group revenue declined 4.0% to ¥577,426 million, while operating profit increased 5.9% to ¥27,544 million, ordinary profit increased 9.4% to ¥22,066 million, and net profit attributable to owners of the parent increased 13.1% to ¥15,831 million, resulting in lower revenue but higher profit.」
For the full year, operating profit, ordinary profit and net profit attributable to owners of the parent increased despite lower revenue, with the recovery in earnings power shown quantitatively, including a 191.6% year-on-year increase in second-half operating profit. - FY2021-Q3Recovery in third-quarter operating profitAnnual report
「Revenue recovered from its first-quarter bottom and exceeded the year-earlier level in the third quarter as sales, mainly in overseas markets, recovered and expanded. Accordingly, third-quarter operating profit also increased significantly year on year.」
Following lower revenue and profit in the first half, third-quarter operating profit increased significantly year on year as sales, mainly in overseas markets, recovered. On a cumulative basis, however, it remained below the year-earlier level. - FY2021-Q2Lower revenue and profit in the first half, with improvement expected in the second halfAnnual report
「For the cumulative second quarter under review, revenue was ¥266,714 million, down 11.1% year on year; operating profit was ¥7,034 million, down 45.1%; ordinary profit was ¥4,017 million, down 58.5%; and quarterly net profit attributable to owners of the parent was ¥2,476 million, down 59.0%. Some business areas have recovered rapidly since the summer, and further improvement in performance is expected toward the second half. We are working across the Company to realize “Smart Work,” aimed at maximizing productivity, and will accelerate transformation of the business portfolio.」
Although first-half revenue and profit declined year on year, the Company expects recovery since the summer and improved performance in the second half, while advancing Smart Work and business portfolio transformation. - FY2021-Q1Sharp first-quarter deterioration due to the COVID-19 pandemicAnnual report
「Under these conditions, the Group’s performance for the period was revenue of ¥126,644 million, down 14.9% year on year; operating profit of ¥2,029 million, down 71.0%; ordinary profit of ¥823 million, down 85.0%; and quarterly net profit attributable to owners of the parent of ¥437 million, down 87.5%.」
Against a backdrop of demand contraction caused by the COVID-19 pandemic, first-quarter revenue, operating profit, ordinary profit and net profit attributable to owners of the parent were all significantly below the year-earlier results. - FY2020-Q3Nine-month revenue decline and lower profitAnnual report
「The Group’s performance declined in sales and profit, mainly in the Material Solutions Unit, due to slowing demand in Asia and Europe and weakness in the automotive and electronics industries. The economic slowdown in overseas markets, where the Company has focused its efforts, was a major trigger for the deterioration in performance. Under these conditions, for the cumulative third quarter under review, revenue was ¥452,467 million, down 3.2% year on year; operating profit was ¥18,891 million, down 29.0%; ordinary profit was ¥15,139 million, down 34.0%; and quarterly net profit attributable to owners of the parent was ¥9,232 million, down 37.1%.」
Against a backdrop of slowing demand in Asia and Europe, weakness in the automotive and electronics industries, and an economic slowdown in overseas markets, revenue and all profit indicators fell below the year-earlier results for the cumulative third quarter. - FY2020-Q2First-half revenue and profit declineAnnual report
「Under these conditions, for the cumulative second quarter under review, revenue was ¥299,855 million, down 2.0% year on year; operating profit was ¥12,817 million, down 28.9%; ordinary profit was ¥9,675 million, down 39.3%; and quarterly net profit attributable to owners of the parent was ¥6,046 million, down 43.4%, due to slowing demand in Asia and Europe, weakness in the automotive and electronics industries, and the stronger yen.」
For the first half, revenue and all profit indicators fell below the year-earlier results because of slowing demand in Asia and Europe, weakness in the automotive and electronics industries, and the stronger yen. - FY2020-Q1Sharp deterioration in quarterly performanceAnnual report
「Revenue was ¥148,822 million, down 2.3% year on year, operating profit was ¥7,004 million, down 30.0%, ordinary profit was ¥5,495 million, down 39.9%, and quarterly net profit attributable to owners of the parent was ¥3,491 million, down 44.5%, due to slowing demand in Asia and Europe and weakness in the automotive and electronics industries.」
Against a backdrop of slowing demand in Asia and Europe and weakness in the automotive and electronics industries, revenue and all profit indicators fell below the year-earlier results, with the declines in operating profit, ordinary profit and quarterly net profit widening particularly sharply. - FY2019Lower operating and ordinary profit, higher net profitAnnual report
「Revenue reached a record ¥621,043 million, up 4.2% year on year, but operating profit fell 2.3% to ¥36,041 million, partly due to changes in the global economic climate. Ordinary profit decreased 4.6% to ¥31,268 million, while net profit attributable to owners of the parent increased 3.1% to ¥22,238 million.」
Full-year revenue reached a record high, while operating profit and ordinary profit declined and net profit attributable to owners of the parent increased. - FY2019-Q3Lower ordinary profit and net profitAnnual report
「However, ordinary profit fell 5.6% year on year to ¥22,937 million and quarterly net profit attributable to owners of the parent fell 6.7% to ¥14,681 million, below the previous year’s results, due to strengthening-manufacturing-capability projects such as seismic-resistant construction and cogeneration equipment upgrades.」
Although revenue increased 4.9% year on year and operating profit increased 1.0%, ordinary profit and quarterly net profit attributable to owners of the parent fell below the year-earlier results because of the strengthening-manufacturing-capability projects. - FY2019-Q2AdvancedAnnual report
「For the cumulative second quarter under review, Group revenue increased 4.7% year on year to ¥306,053 million, driven by growth in the global business, where production capacity was expanded. Operating profit increased 13.5% to ¥18,016 million, ordinary profit increased 10.0% to ¥15,943 million, and quarterly net profit attributable to owners of the parent increased 11.1% to ¥10,686 million, with all three exceeding the previous year’s results.」
For the cumulative second quarter, operating profit, ordinary profit and net profit attributable to owners of the parent each exceeded the year-earlier results, indicating continued improvement in profit indicators. - FY2019-Q1AdvancedAnnual report
「Operating profit increased 37.9% year on year to ¥10,000 million, ordinary profit increased 27.8% to ¥9,139 million, and quarterly net profit attributable to owners of the parent increased 32.0% to ¥6,285 million, with all three significantly exceeding the previous year’s results. The transformation of the business portfolio, pursued in line with the management system changed last year, is steadily producing results.」
First-quarter operating profit increased 37.9% year on year to ¥10,000 million, and profit indicators exceeded the year-earlier results, described as the result of the business portfolio transformation. - FY2018-Q3Operating profit returns to growthAnnual report
「Operating profit absorbed the impact of higher prices for certain raw materials in the first quarter and a hurricane in the United States in the second quarter, rising 7.3% year on year to ¥26,355 million. Ordinary profit increased 17.1% to ¥24,307 million, and quarterly net profit attributable to owners of the parent increased 21.5% to ¥15,735 million, with both exceeding the previous year’s results.」
After absorbing the impact of higher raw material prices and the hurricane, operating profit increased 7.3% year on year. It has shifted from a year-on-year decline in operating profit through the previous filing to growth. - FY2018-Q2Continued decline in operating incomeAnnual report
「Ordinary profit increased 3.2% year on year to ¥14,492 million, and quarterly net profit attributable to owners of the parent increased 5.2% to ¥9,615 million, both exceeding the previous year’s results. Operating profit in the second quarter increased above the previous year’s level after being affected by a hurricane in the United States. However, for the cumulative second quarter, it could not offset the decline in the first quarter caused by higher raw material prices, and fell 3.5% year on year to ¥15,879 million.」
Although ordinary profit and net profit attributable to owners of the parent increased, the decline in the first quarter caused by higher raw material prices could not be offset, resulting in a 3.5% year-on-year decrease in first-half operating profit. - FY2018-Q1Continued decline in operating incomeAnnual report
「Revenue reached a quarterly record of ¥144,302 million, up 6.1% year on year. Ordinary profit increased 0.3% to ¥7,151 million and quarterly net profit attributable to owners of the parent increased 3.5% to ¥4,761 million, both exceeding the previous year’s results. However, operating profit fell 17.4% to ¥7,252 million, significantly affected by a sharp increase in the price of certain raw materials.」
Although revenue, ordinary profit and net profit attributable to owners of the parent exceeded the year-earlier results, operating profit fell 17.4% year on year because of the sharp increase in raw material prices. - FY2017Deterioration in financial performanceAnnual report
「As a result, revenue was ¥548,222 million, slightly below the previous fiscal year’s result and down 1.3% year on year. Operating profit was ¥33,164 million, down 13.2%, and ordinary profit was ¥27,426 million, down 17.0%, with both declining year on year.」
Although sales of new products expanded in overseas markets and earnings in the food business increased, company-wide revenue, operating profit and ordinary profit declined year on year. - FY2017-Q3Deterioration in financial performanceAnnual report
「Under these conditions, for the cumulative third quarter under review, the Group expanded sales of new and highly specialized products and achieved higher volumes overall. However, the stronger yen and weak demand in the electronics market led to a 2.2% year-on-year decline in revenue to ¥408,082 million and a 16.3% decline in operating profit to ¥24,570 million. Ordinary profit was ¥20,762 million, down 19.2% year on year, and net profit attributable to owners of the parent was ¥12,952 million, down 21.0%.」
Although higher sales of new and highly specialized products increased volumes, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all declined year on year because of the stronger yen and weak demand in the electronics market. - FY2017-Q2Deterioration in financial performanceAnnual report
「Under these conditions, for the cumulative second quarter under review, the Group worked to expand sales and reform its business structure, but the Asian market did not recover and the stronger yen had an impact. Revenue declined 3.5% year on year to ¥270,182 million, while operating profit decreased 14.2% to ¥16,460 million.」
Although the Group worked to expand sales and reform its business structure, revenue and operating profit declined year on year because the Asian market had not recovered and the yen had strengthened. - FY2017-Q1AdvancedAnnual report
「For the cumulative first quarter under review, revenue declined to ¥136,058 million, down 2.4% year on year, due to the stronger yen and raw material market conditions, while operating profit increased 2.0% to ¥8,779 million, driven by higher sales volumes and the maintenance of spreads.」
Although the stronger yen and raw material market conditions reduced revenue, first-quarter operating profit increased 2.0% year on year on higher sales volumes and maintained spreads. - FY2016First statedAnnual report
「Our immediate priorities are to improve earnings power by further strengthening existing businesses and quickly bringing new businesses up to full operating capacity; transform to a business model based on market and customer orientation; improve cost performance across the entire value chain, including manufacturing, research, technology and sales; and accelerate globalization based on local perspectives.」
The immediate priorities address existing and new businesses, the business model, the value chain and globalization as an integrated set of initiatives.