Improving Profit Margins Through Optimization of Procurement, Manufacturing, Sales Prices and SG&A Expenses
First written in FY2018. 1 of 4 entries say "Reframed", first in FY2021. Latest entry: FY2025.
39 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「・Cost reduction The Company will promote in-house production of active ingredients to reduce costs.」
The Company identifies cost reductions through in-house production of active ingredients as a specific measure to improve GGS profitability. - FY2022RestatedAnnual report
「I Improving profitability "Expanding priority products," "reducing costs through an optimized production structure for active ingredients," and "expanding group synergies"」
The measures to improve profitability under EGG2 are reaffirmed as expanding priority products, optimizing active-ingredient production and reducing costs, and expanding group synergies. - FY2021ReframedAnnual report
「I Improving profitability "Expanding priority products," "reducing costs through an optimized production structure for active ingredients," and "expanding group synergies"」
In EGG2, the measures to improve profitability have been reorganized into 3 areas: expanding priority products, optimizing active-ingredient production and reducing costs, and expanding group synergies. - FY2018First statedAnnual report
「[Medium-Term Management Plan (fiscal 2019 to fiscal 2021)] With "improving profitability" and "strengthening group capabilities" as its two pillars, the Company will accelerate the earnings contribution of the growth strategies implemented to date and strengthen the foundation for firmly establishing its growing-global strategy. It will reduce manufacturing costs and improve profitability by cutting procurement costs and optimizing the manufacturing methods and locations for pesticide active ingredients. In addition, it will secure earnings by reviewing selling prices and terms, and improve profitability by optimizing SG&A expenses.」
EGG2021 presents, for the first time in a systematic manner, procurement cost reductions, optimization of manufacturing methods and locations, reviews of sales terms, and optimization of SG&A expenses as specific measures to improve margins.