Profit pressure from slowing productivity in the metal processing business
First written in FY2019-Q1. 11 of 24 entries say "Worsened", first in FY2019. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「Metalworking business: Revenue fell 25.8% year on year to ¥3,961 million as the company pursued business selection and concentration to improve profitability. Although it continued to improve profitability by withdrawing from unprofitable parts, the segment posted a loss of ¥201 million because it was unable to absorb higher raw material and labor cost ratios (compared with a profit of ¥80 million in the year-earlier period).」
Following the withdrawal from unprofitable parts and business selection and concentration, revenue fell 25.8%, while the inability to absorb higher raw material and labor costs worsened results from profit in the year-earlier period to a ¥201 million loss. - FY2026-H1WorsenedAnnual report
「Metalworking business: Revenue fell 18.0% year on year to ¥2,213 million as the company pursued business selection and concentration to improve profitability. Although it continued to improve profitability by withdrawing from unprofitable parts, the segment posted a loss of ¥58 million due to higher raw material costs and other factors (compared with a ¥0 million loss in the year-earlier period).」
While the company pursued withdrawal from unprofitable parts and business selection and concentration, the metalworking business shifted from no loss in the year-earlier period to a ¥58 million loss due to higher raw material costs and other factors. - FY2025MitigatedAnnual report
「The company is currently scaling back its unprofitable parts business to improve profitability, resulting in revenue falling 20.7% year on year to ¥5,342 million. Segment profit rose 256.7% year on year to ¥80 million as higher metal and steel material costs, labor costs and other expenses were absorbed through rationalization and reflecting costs in selling prices.」
While revenue declined due to the scaling back of unprofitable parts, the metalworking business posted a profit of ¥80 million as rationalization and reflecting costs in selling prices offset the impact. - FY2025-H1WorsenedAnnual report
「The company is currently working to scale back its unprofitable parts business to improve profitability, resulting in revenue falling 22.8% year on year to ¥2,699 million. The segment posted a loss of ¥0 million despite rationalization benefits and reflecting higher metal and steel material costs in selling prices (compared with a profit of ¥33 million in the year-earlier period).」
In the metalworking business, revenue fell 22.8% year on year as the company continued to scale back unprofitable parts, resulting in a shift from profit in the year-earlier period to a ¥0 million loss. - FY2024AdvancedAnnual report
「The segment posted a profit of ¥22 million, up 840.0% year on year, as rationalization benefits and higher metal and steel material costs were reflected in selling prices.」
The metalworking business's profit increased from ¥2 million in the year-earlier period to ¥22 million as rationalization benefits and higher metal and steel material costs were reflected in selling prices. - FY2024-Q3RestatedAnnual report
「The segment posted a profit of ¥27 million as rationalization benefits and higher metal and steel material costs were reflected in selling prices (compared with a loss of ¥8 million in the year-earlier period).」
The metalworking business has continued to generate a profit rather than a loss as rationalization benefits and higher metal and steel material costs were reflected in selling prices. - FY2024-Q2RestatedAnnual report
「The segment posted a profit of ¥33 million as rationalization benefits and higher metal and steel material costs were reflected in selling prices (compared with a loss of ¥21 million in the year-earlier period).」
The metalworking business shifted from a ¥21 million loss in the year-earlier period to a ¥33 million profit as rationalization benefits and higher metal and steel material costs were reflected in selling prices, continuing its improving trend. - FY2024-Q1AdvancedAnnual report
「The segment posted a profit of ¥25 million as rationalization benefits and higher metal and steel material costs were reflected in selling prices (compared with a loss of ¥2 million in the year-earlier period).」
The metalworking business shifted from a ¥2 million loss in the year-earlier period to a ¥25 million profit as rationalization benefits and higher metal and steel material costs were reflected in selling prices. - FY2023MitigatedAnnual report
「The segment posted a profit of ¥2 million as rationalization benefits and higher metal and steel material costs were passed through to selling prices (compared with a loss of ¥175 million in the year-earlier period).」
The metalworking business shifted from a ¥175 million loss in the previous year to a ¥2 million profit as rationalization benefits and higher metal and steel material costs were passed through to selling prices. - FY2023-Q3MitigatedAnnual report
「Segment results benefited from rationalization and reflecting higher metal and steel material costs in selling prices, but the segment posted a loss of ¥8 million (compared with a loss of ¥154 million in the year-earlier period).」
The metalworking business's loss narrowed from ¥154 million in the year-earlier period to ¥8 million as rationalization benefits and higher metal and steel material costs were reflected in selling prices. However, a loss remained. quantified=true, materialized=true. - FY2023-Q2MitigatedAnnual report
「Segment results improved due to the effects of efforts to promote rationalization and reflecting higher metal and steel material costs in selling prices, but the segment posted a loss of ¥21 million (compared with a loss of ¥43 million in the year-earlier period).」
The metalworking business's loss narrowed from ¥43 million in the year-earlier period to ¥21 million as rationalization efforts advanced and higher metal and steel material costs were reflected in selling prices. However, a loss remained. - FY2023-Q1MitigatedAnnual report
「Metalworking business: Revenue rose 20.3% year on year to ¥1,576 million. Segment results improved due to the effects of efforts to promote rationalization and passing higher metal and steel material costs through to selling prices, but the segment posted a loss of ¥2 million (compared with a loss of ¥13 million in the year-earlier period).」
The metalworking business's loss narrowed from ¥13 million in the year-earlier period to ¥2 million as rationalization efforts advanced and higher metal and steel material costs were reflected in selling prices, indicating an improving trend. - FY2022-Q3MitigatedAnnual report
「The segment posted a loss of ¥154 million, affected by higher metal and steel material costs (compared with a loss of ¥484 million in the year-earlier period).」
Despite continued pressure from higher metal and steel material costs, the metalworking business's loss narrowed from ¥484 million in the year-earlier period to ¥154 million. - FY2022-Q2MitigatedAnnual report
「The company posted a loss of ¥43 million due to higher metal and steel material costs and delays in structural improvements (compared with a loss of ¥226 million in the year-earlier period).」
Despite continued higher metal and steel material costs and delays in structural improvements, the metalworking business's loss narrowed from ¥226 million in the year-earlier period to ¥43 million. - FY2022-Q1MitigatedAnnual report
「Metalworking business: Revenue fell 19.9% year on year to ¥1,310 million. The segment posted a loss of ¥13 million as structural improvements remained delayed (compared with a loss of ¥111 million in the year-earlier period).」
In the metalworking business, the segment loss narrowed from ¥111 million in the year-earlier period to ¥13 million, despite continued delays in structural improvements. - FY2021WorsenedAnnual report
「Metalworking business: Recovery from the decline in orders caused by the COVID-19 pandemic was slow, and revenue fell 22.7% year on year to ¥5,484 million. The segment posted a loss of ¥563 million due to delays in structural improvements, including production rationalization and expense reductions (compared with a loss of ¥171 million in the year-earlier period).」
In the metalworking business, the loss widened from ¥171 million in the previous year due to delays in order recovery and structural improvements to ¥563 million. - FY2021-Q3WorsenedAnnual report
「In the metalworking business, recovery from the decline in orders caused by the COVID-19 pandemic was slow, and revenue fell 27.5% year on year to ¥4,015 million. The segment posted a loss of ¥484 million (compared with a loss of ¥11 million in the year-earlier period).」
In the metalworking business, revenue fell 27.5% year on year due to the delayed recovery in orders, while the segment loss widened from ¥11 million in the year-earlier period to ¥484 million. - FY2021-Q1WorsenedAnnual report
「In terms of earnings, the company posted a loss of ¥111 million due to lower revenue and delays in productivity improvement initiatives (compared with a profit of ¥8 million in the year-earlier period).」
In the metalworking business, lower orders combined with delays in productivity improvement initiatives, worsening results from a ¥8 million profit in the year-earlier period to a ¥111 million loss. - FY2020WorsenedAnnual report
「In terms of earnings, the impact of higher cost ratios, including labor costs, was significant, resulting in a loss of ¥171 million (compared with a profit of ¥41 million in the same period of the previous year).」
Continued profit pressure in the metalworking business resulted in a shift from a ¥41 million profit in the year-earlier period to a ¥171 million loss. - FY2020-Q3WorsenedAnnual report
「In terms of earnings, the impact of hiring difficulties and the higher labor cost ratio was significant, resulting in a loss of ¥11 million (compared with a profit of ¥78 million in the same period of the previous year).」
In the metalworking business, profit pressure from hiring difficulties and a higher labor cost ratio continued, resulting in a shift from profit in the year-earlier period to a loss. - FY2020-Q2WorsenedAnnual report
「Meanwhile, segment profit fell 96.6% year on year to ¥2 million due to difficulties in recruiting personnel, a higher labor cost ratio and other factors.」
In the metalworking business, profit pressure from hiring difficulties and a higher labor cost ratio has expanded to a 96.6% year-on-year decline. - FY2020-Q1WorsenedAnnual report
「Meanwhile, segment profit fell 66.8% year on year to ¥8 million due to difficulties in recruiting personnel, a higher labor cost ratio and other factors.」
In the metalworking business, profit pressure from hiring difficulties and a higher labor cost ratio has expanded to a 66.8% year-on-year decline. - FY2019WorsenedAnnual report
「Meanwhile, segment profit fell 61.6% year on year to ¥41 million due to difficulties in recruiting personnel, higher labor costs and other factors.」
In the metalworking business, segment profit fell 61.6% year on year due to hiring difficulties and higher labor costs, intensifying profit pressure. - FY2019-Q1First statedAnnual report
「Segment profit fell 9.9% year on year to ¥26 million due to slowing productivity.」
In the metalworking business, slowing productivity resulted in a 9.9% year-on-year decline in segment profit, leaving profit at ¥26 million.