Enhancing Profitability Through Business Selection and Focus
First written in FY2016. 17 of 36 entries say "Restated". Latest entry: 2026-10-27.
4 other companies' latest entry also says "Raised".
- FY2026Explicit commitment to securing profit attributable to owners of the parent for FY2026Annual report
「In FY2026, we will also work on timely and appropriate price pass-throughs in an effort to secure profit attributable to owners of the parent for the year at all costs.」
The company explicitly committed to securing net income attributable to owners of the parent for FY2026, citing price pass-throughs, new development and sales expansion, and productivity improvements as measures. In terms of actual results, operating profit was ¥255 million, while the net loss attributable to owners of the parent was ¥593 million due to an impairment loss of ¥552 million. - FY2026-H1AdvancedAnnual report
「As a result, revenue was ¥10,669 million, up 5.3% from the previous interim consolidated accounting period. In terms of earnings, although cost pressures continued due to persistently high raw material prices and other factors, operating profit was ¥122 million, up 61.1% from the previous interim consolidated accounting period, as fixed costs were reduced.」
The company advanced earnings improvements through fixed-cost reductions and active sales activities, resulting in revenue growth of 5.3% year on year for the interim period and operating profit growth of 61.1%. - FY2025AdvancedAnnual report
「In FY2025, in addition to accumulating productivity improvements and rationalisation measures, we will work to achieve profitability at all costs through the early realisation of synergies from the business alliance with Dai Nippon Toryo Company,Limited.」
For the consolidated fiscal year under review, revenue was ¥20,758 million, operating profit was ¥230 million and ordinary profit was ¥471 million, resulting in a return to profitability from the operating and ordinary losses recorded in the previous fiscal year. Net income attributable to owners of the parent was nevertheless a loss of ¥59 million due to expenses related to the tender offer. - FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period under review, although we continued to be affected by soaring raw material prices and other factors, selling-price adjustments and other measures contributed to results. We therefore recorded operating profit of ¥76 million, ordinary profit of ¥227 million and interim net profit attributable to owners of the parent of ¥165 million. However, borrowings remained high at ¥5,628 million.」
After recording operating and other losses through the previous fiscal year, the company recorded operating profit of ¥76 million, ordinary profit of ¥227 million and interim net profit of ¥165 million for the interim consolidated accounting period under review, against a backdrop of selling-price adjustments and other measures. However, borrowings were still described as being at a high level. - FY2024Explicit commitment to achieving profitability in FY2024Annual report
「Accordingly, for FY2024, the second year of the plan, we decided to achieve operating profitability at all costs by adding further rationalisation measures, including bringing forward productivity improvement initiatives by one year.」
In addition to the previous long-term earnings-strengthening strategy, the company explicitly set the short-term goal of achieving operating profitability in FY2024 and adding further productivity improvement and rationalisation measures. The operating loss for the consolidated fiscal year under review was ¥479 million. - FY2024-Q3AdvancedAnnual report
「During the cumulative third quarter under review, the correction of selling prices to offset the impact of soaring raw material prices and other factors, as well as production rationalisation, continued to remain limited in scope. As a result, we recorded an operating loss of ¥361 million, an ordinary loss of ¥241 million and a quarterly net loss attributable to owners of the parent of ¥403 million.」
While the effects of selling-price adjustments and production rationalisation remained limited, the operating loss narrowed from ¥863 million in the same period of the previous year to ¥361 million, the ordinary loss from ¥815 million to ¥241 million, and the quarterly net loss attributable to owners of the parent from ¥1,290 million to ¥403 million. - FY2024-Q2AdvancedAnnual report
「Although the revision of selling prices implemented in the previous consolidated fiscal year contributed, cost pressures continued due to persistently high raw material prices and other factors. As a result, the operating loss was ¥389 million, compared with an operating loss of ¥589 million in the same quarter of the previous year; the ordinary loss was ¥363 million, compared with an ordinary loss of ¥474 million; and the quarterly net loss attributable to owners of the parent was ¥460 million, compared with a quarterly net loss attributable to owners of the parent of ¥860 million.」
The operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the same quarter of the previous year, helped by the revision of selling prices. However, the deficit and cost pressures caused by persistently high raw material prices continue. - FY2024-Q1AdvancedAnnual report
「Revenue was ¥4,641 million, up 1.4% year on year. In terms of earnings, although the revision of selling prices implemented in the previous consolidated fiscal year contributed, cost pressures continued due to persistently high raw material prices and other factors. As a result, the operating loss was ¥199 million, compared with an operating loss of ¥303 million in the same quarter of the previous year; the ordinary loss was ¥112 million, compared with an ordinary loss of ¥233 million; and the quarterly net loss attributable to owners of the parent was ¥158 million, compared with a quarterly net loss attributable to owners of the parent of ¥329 million.」
Revenue increased 1.4% year on year, helped by the revision of selling prices, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the same quarter of the previous year. However, cost pressures caused by persistently high raw material prices and the deficit remain. - FY2023WorsenedAnnual report
「During the consolidated fiscal year under review, the correction of selling prices to offset the impact of soaring raw material prices and other factors, as well as production rationalisation, remained limited in scope. As a result, we recorded an operating loss of ¥1,203 million, an ordinary loss of ¥1,146 million and a net loss attributable to owners of the parent for the year of ¥1,806 million.」
The effects of selling-price adjustments and production rationalisation remained limited, resulting in an operating loss of ¥1,203 million, an ordinary loss of ¥1,146 million and a net loss for the year of ¥1,806 million. - FY2023-Q3WorsenedAnnual report
「During the cumulative third quarter under review, the correction of selling prices to offset the impact of soaring raw material prices and other factors, as well as production rationalisation, remained limited in scope. As a result, we recorded an operating loss of ¥863 million, an ordinary loss of ¥815 million and a quarterly net loss attributable to owners of the parent of ¥1,290 million.」
The effects of selling-price adjustments and production rationalisation remained limited, resulting in an operating loss of ¥863 million, an ordinary loss of ¥815 million and a quarterly net loss attributable to owners of the parent of ¥1,290 million. - FY2023-Q2Limited effectiveness of measures to improve profitabilityAnnual report
「During the cumulative second quarter under review, the correction of selling prices to offset the impact of soaring raw material prices and other factors, as well as production rationalisation, remained limited in scope. As a result, we recorded an operating loss of ¥589 million, an ordinary loss of ¥474 million and a quarterly net loss attributable to owners of the parent of ¥860 million.」
Selling-price adjustments and production rationalisation have continued to improve earnings, but their effects remain limited, and operating losses and other losses are widening. - FY2022ReframedAnnual report
「The initiatives under the current medium-term management plan will conclude for the time being in the fiscal year ending March 2023, and we will work on formulating a new three-year medium-term management plan starting in FY2023, centred on reforming the corporate culture and improving the company’s business structure. Regarding the direction of the new medium-term management plan, we will not change the 10-year vision, our ultimate goal, of a 10% consolidated operating margin on sales by 2029, or our basic management policy, but we intend to pursue a different approach from the previous plan as follows.」
While maintaining the ultimate target of a 10% consolidated operating margin on sales 10 years from now, the company has ended its previous medium-term plan and is shifting to a new approach centred on reforming the corporate culture and improving the company’s business structure. - FY2022-Q2RestatedAnnual report
「In this economic environment, our Group has conducted sales activities while taking precautions to prevent the spread of COVID-19, and has worked to further improve cost competitiveness.」
The policy of strengthening earnings power through a combination of sales activities during the infectious disease outbreak and improved cost competitiveness remains in place. - FY2022-Q1RestatedAnnual report
「In this economic environment, our Group has continued to conduct sales activities while taking precautions to prevent the spread of COVID-19, and has worked to further improve cost competitiveness.」
The strategy of strengthening earnings power through a combination of sales activities during the infectious disease outbreak and improved cost competitiveness remains in place. - FY2021-Q3RestatedAnnual report
「In this economic environment, our Group has conducted sales activities while taking precautions to prevent the spread of COVID-19, and has worked to further improve cost competitiveness.」
Even during the infectious disease outbreak, the policy of strengthening earnings power through a combination of sales activities and improved cost competitiveness remains in place. - FY2021-Q2RestatedAnnual report
「In this economic environment, our Group has conducted sales activities while taking precautions to prevent the spread of COVID-19, and has worked to further improve cost competitiveness.」
Even during the infectious disease outbreak, the strategy of strengthening earnings power through a combination of sales activities and improved cost competitiveness remains in place. - FY2020RaisedAnnual report
「In addition, we have set a target of a 10% consolidated operating margin on sales for the profit level 10 years from now, and will advance various initiatives by dividing this 10-year period into three phases: preparation, implementation and harvesting.」
The earnings-strengthening policy has been translated into a long-term target of a 10% consolidated operating margin on sales 10 years from now and the phased implementation of initiatives. - FY2020-Q3RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities, including through the development of new products and other initiatives, while working to further improve cost competitiveness.」
The policy of strengthening earnings power through a combination of sales activities driven by new product development and improved cost competitiveness remains in place. - FY2020-Q2RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities, including through the development of new products and other initiatives, while working to further improve cost competitiveness.」
The policy of strengthening earnings power through a combination of active sales through new product development and improved cost competitiveness remains in place. - FY2020-Q1RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities, including through the development of new products and other initiatives, while working to further improve cost competitiveness.」
The strategy of strengthening earnings power through a combination of active sales through new product development and improved cost competitiveness remains in place. - FY2019RestatedAnnual report
「To improve our business structure so that we can generate sustainable revenue and profit, we will pursue various measures, including expanding product sales, reducing unprofitable products, cutting overhead, developing new products and selectively implementing strategic capital investments.」
The policy of combining product sales expansion, profitability improvement, expense reductions, new product development and selective investment to secure sustainable revenue and profit remains in place. - FY2019-Q3RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities through the development of new products and further expansion of its overseas business in the Asian market, while also working to further improve cost competitiveness.」
There has been no material change in the strategy of strengthening earnings power through a combination of new product development, active sales, expansion in the Asian market and improved cost competitiveness. - FY2019-Q2RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities through the development of new products and other initiatives and further expansion of its overseas business in the Asian market, while working to further improve cost competitiveness.」
The policy of strengthening earnings power through a combination of new product development, active sales, expansion in Asia and improved cost competitiveness remains in place. - FY2019-Q1RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities through the development of new products and other initiatives and further expansion of its overseas business in the Asian market, while working to further improve cost competitiveness.」
There has been no material change in the strategy of strengthening earnings power through a combination of sales activities originating from new product development, expansion in Asia and improved cost competitiveness. - FY2018ReframedAnnual report
「Amid expectations of a challenging market environment, including the structural contraction of the domestic market and concerns over rising raw material prices, our Group will further advance the selection and concentration of businesses, build a structure capable of responding to changes in the business environment, and work toward becoming a company that generates sustainable revenue and profit.」
The earnings-strengthening policy is expressed as building a structure aimed at becoming a company that generates sustainable revenue and profit, based on factors including the structural contraction of the domestic market. - FY2018-Q3RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities through the development of new products and further expansion of its overseas business in the Asian market, while also working to further improve cost competitiveness.」
The strategy of strengthening earnings power through a combination of new product development, active sales, expansion in Asia and improved cost competitiveness remains in place. - FY2018-Q2RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities through the development of new products and other initiatives and further expansion of its overseas business in the Asian market, while working to further improve cost competitiveness.」
The strategy of strengthening earnings power through a combination of sales activities originating from new product development, expansion in Asia and improved cost competitiveness remains in place. - FY2018-Q1RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities through the development of new products and further expansion of its overseas business in the Asian market, while working to further improve cost competitiveness.」
The strategy of strengthening earnings power through a combination of sales of new products, expansion in Asia and improved cost competitiveness remains in place. - FY2017RestatedAnnual report
「In response to these circumstances, our Group will continue to rigorously expand product sales, reduce unprofitable products, cut overhead and promote rationalisation and cost reductions across all divisions, and control raw material purchase prices. At the same time, all divisions will work together to pursue the selection and concentration of businesses, including developing new products and selectively implementing strategic capital investments, in an effort to strengthen earnings power.」
The policy of strengthening earnings power through product sales expansion, reducing unprofitable products, company-wide cost reductions, new product development and selective capital investment has been reiterated in the annual report in the same form. - FY2017-Q3RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities through the development of new products and further expansion of its overseas business in the Asian market, while also working to further improve cost competitiveness.」
The strategy of strengthening earnings power through a combination of sales of new products, expansion in Asia and improved cost competitiveness remains in place. - FY2017-Q2RestatedAnnual report
「In this economic environment, our Group has pursued active sales activities through the development of new products and further expansion of its overseas business in the Asian market, while also working to further improve cost competitiveness.」
The strategy of strengthening earnings power through a combination of new product sales, expansion in Asia and improved cost competitiveness remains in place. - FY2016First statedAnnual report
「In addition to expanding product sales, we will continue to rigorously reduce unprofitable products, cut overhead and promote rationalisation and cost reductions across all divisions, and control raw material purchase prices. At the same time, all divisions will work together to pursue the selection and concentration of businesses, including developing new products and selectively implementing strategic capital investments, in an effort to strengthen earnings power.」
The company’s policy of strengthening earnings power through a combination of product sales expansion, cost reductions, new product development and selective capital investment can be confirmed for the first time.