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Itfor (4743) · InitiativeTemporary decline in gross margin

Improving Gross Margin Through Cost Reduction

First written in FY2024-Q2. 3 of 6 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2026.

6entries
4years
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2024-Q3 – FY2024OtherFY2025-H1AdvancedFY20252023: 120232024: 320242025: 120252026: 12026
Same theme, other companies
Improvement in Gross Margin and Operating Profit through Cost ReductionA theme 35 companies write about · 0 as a headwind · 35 as a tailwind

The whole theme swung hardest in 2022: 2 of 23 companies on the "Worse" side.

0 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 35 companies compared. The sentences above are computed from all 35.
Full recordFilings, disclosures and news, newest first
  1. FY2026Temporary decline in gross marginAnnual report

    「Gross profit for the consolidated fiscal year was ¥8,792 million (¥7,870 million in the same period of the previous year). The gross profit margin was 38.1%, down 0.2 percentage points from the same period of the previous year. This reflected the limited increase in costs through measures including control of foreign exchange hedging, such as forward exchange contracts, despite higher procurement costs resulting from price increases.」

    Gross profit increased, but the gross profit margin declined by 0.2 percentage points year on year to 38.1%. The company explained that the increase in costs was limited by foreign exchange hedging and other measures.
  2. FY2025AdvancedAnnual report

    「Gross profit for the consolidated fiscal year was ¥7,870 million (¥7,753 million in the same period of the previous year). The gross profit margin was 38.3%, up 0.8 percentage points from the same period of the previous year. This reflected an improvement in the cost ratio through measures including control of outsourcing costs, despite higher material prices and higher import procurement costs due to the weaker yen.」

    Control of outsourcing costs and other measures improved the gross profit margin by 0.8 percentage points year on year to 38.3%.
  3. FY2025-H1Temporary decline in the gross profit margin due to higher personnel expensesAnnual report

    「In addition, the gross profit margin temporarily declined as a result of the impact of the wage revision implemented in April 2024 and higher personnel expenses for development staff.」

    It states that the gross profit margin temporarily declined due to the wage revision in April 2024 and higher personnel expenses for development staff.
  4. FY2024AdvancedAnnual report

    「Gross profit for the consolidated fiscal year was ¥7,753 million (¥6,734 million in the same period of the previous year). The gross profit margin was 37.5%, up 0.8 percentage points from the same period of the previous year. This reflected an improvement in the cost ratio through measures including control of outsourcing costs, despite higher material prices due to the semiconductor shortage and higher import procurement costs due to the weaker yen.」

    Control of outsourcing costs and lower costs from bringing development in-house proved effective, improving the gross profit margin by 0.8 percentage points year on year to 37.5%.
  5. FY2024-Q3AdvancedAnnual report

    「In addition, as part of efforts to improve the gross margin, cost reductions in outsourced processing costs through in-house development proved effective.」

    The company stated that, to improve the gross margin, it advanced in-house development as a specific measure in addition to reducing costs such as outsourced processing costs, and that these measures were effective.
  6. FY2024-Q2First statedAnnual report

    「In terms of business performance, cost reductions, including outsourced processing costs, proved effective as part of efforts to improve the gross margin while achieving higher sales.」

    The company stated that it implemented cost reductions, including in outsourced processing costs, as a measure to achieve both higher sales and an improved gross margin, and that the measures were effective.
Moved together

"Strengthening Group Management" moved the same way as this thread, in the same document, in 2 of its 6 moves.

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  1. ★This thread
  2. 1Strengthening Group Management2×
  3. 2Creating New Businesses Through R&D Investment2×
  4. 3Talent Development and Organizational Vitality2×
  5. 4Climate Change Scenario Analysis and GHG Emissions Reduction2×
  6. 5Development of Cloud-Based Software and Next-Generation Technologies2×
  7. 6Share Repurchases to Improve Capital Efficiency2×

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