Structural reform and strengthening of the earnings base of the core Japan business
First written in FY2020-Q1. 3 of 7 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Decline in profit in the Japan segmentAnnual report
「Segment profit, based on operating profit, declined to ¥22.126 billion, down 1.5% year on year, as the impact of lower profit at consolidated subsidiaries outweighed the company’s continued increase in profit.」
While the standalone company maintained higher profit in the core Japan business, total Japan segment profit declined 1.5% year on year due to lower profit at consolidated subsidiaries. - FY2021-Q2RestatedAnnual report
「Although sales remained sluggish, segment profit increased due to efforts to reduce costs and use selling, general and administrative expenses efficiently. In addition, structural-reform costs incurred since two years earlier had run their course, and contributions from Nihon Gankayaku Research Institute Co., Ltd. and others also supported results, bringing segment profit to ¥7,797 million, up 9.9% year on year.」
This reconfirms that costs related to structural reform of the core Japan business had run their course, while cost reductions and greater efficiency in selling, general and administrative expenses and other factors resulted in a 9.9% year-on-year increase in Japan segment profit. - FY2021-Q1AdvancedAnnual report
「In addition, costs related to the structural reform undertaken since the year before last had run their course, and ㈱日本点眼薬研究所 and other companies also contributed, resulting in ¥2.89 billion, up 60.1% year on year.」
Costs associated with structural reform of the core Japan business had run their course, while cost reductions and other factors contributed to a 60.1% year-on-year increase in Japan segment profit. - FY2020AdvancedAnnual report
「Segment profit, on an operating-profit basis, was ¥14,852 million, up 12.7% year on year. Although the company was advancing structural reforms to strengthen the core business in Japan, its earnings base, and incurring associated upfront costs, strong sales contributed to the increase.」
Despite the incurrence of upfront costs as structural reform of the core Japan business continued, Japan segment profit increased 12.7%. - FY2020-Q3RestatedAnnual report
「Segment profit, on an operating-profit basis, was ¥11,472 million, up 6.6% year on year. Although the company was advancing structural reforms to strengthen the core business in Japan, its earnings base, and incurring associated upfront costs, strong sales contributed to the increase.」
Structural reform to strengthen the core Japan business is continuing. Despite the incurrence of upfront costs, Japan segment profit increased 6.6% year on year on strong sales. - FY2020-Q2RestatedAnnual report
「Segment profit, on an operating-profit basis, was ¥7,098 million, down 7.0% year on year. To strengthen the core business in Japan, its earnings base, the company was undertaking structural reforms, including improving the speed and quality of manufacturing and optimizing business processes while drawing on external expertise, and was also incurring upfront costs associated with these efforts.」
Structural reform of the core Japan business through the use of external expertise and optimization of business processes is continuing. Japan segment profit declined 7.0% year on year due to upfront costs. - FY2020-Q1First statedAnnual report
「Segment profit, on an operating-profit basis, was ¥1,805 million, down 36.3% year on year, partly because the company was undertaking structural reforms, including improving the speed and quality of manufacturing and optimizing business processes, to strengthen its core business in Japan, its earnings base.」
The company first identified as a standalone theme measures to position the core Japan business as its earnings base and advance structural reform by improving the speed and quality of manufacturing and optimizing business processes.