Improving the Gross Profit Margin Through Higher Production Efficiency and Cost Reduction
First written in FY2018. 3 of 5 entries say "Reframed", first in FY2019. Latest entry: FY2025.
Matsumoto Yushi-Seiyaku moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
59 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group will seek to secure profits by promoting the development of high-quality products through its technical capabilities and pursuing cost reductions.」
The company continues to identify the development of high-quality products and cost reductions as means of securing profits. - FY2024-Q3ReframedAnnual report
「Although conditions varied by production region and application in the domestic textile sector, revenue improved as the increase in raw material costs was passed on to prices.」
The company has added an explanation that passing higher raw material costs through to prices improved revenue, broadening the measures for improving profitability beyond the previously cited improvements in production efficiency and cost reductions. - FY2023-Q2ReframedAnnual report
「Operating profit was ¥4,306 million (up 70.3% year on year), owing in part to a ¥1,281 million increase in the value of ending inventories from the previous fiscal year-end due to higher product and raw material prices, and an improvement in the cost of sales ratio.」
As a factor behind the improvement in the gross margin and cost of sales ratio, the company newly identifies the increase in ending inventory value associated with higher product and raw material prices, rather than the previously cited improvements in production efficiency and cost reductions. - FY2019ReframedAnnual report
「As a Group, we will work together to expand our business and improve profitability by accelerating the development of more competitive new products, expanding sales channels and streamlining internal operations beyond previous levels.」
Compared with the previous fiscal year's explanation of cost reductions, including improved production efficiency, the current fiscal year expands the focus to improving profitability through new product development, sales-channel expansion and internal streamlining. - FY2018First statedAnnual report
「The main factors behind the increase in operating profit were higher sales and an improvement in the gross margin resulting from continued cost reductions, including improved production efficiency.」
The company attributes gross-margin improvement to continued production-efficiency initiatives and cost reductions.