Improving Total Cost Competitiveness
First written in FY2016. 13 of 17 entries say "Restated". Latest entry: FY2022-Q3.
2 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「As a result of higher sales and efforts to reduce costs, operating profit was ¥4.382 billion, an increase of ¥2.301 billion, or 110.6%, year on year.」
The company continues to cite cost-reduction efforts as a factor behind the increase in profit. No new initiative milestones, such as the amount of cost reductions, are presented. - FY2022-Q2RestatedAnnual report
「In terms of earnings, as a result of the impact of higher sales and efforts to reduce costs, operating profit was ¥3.102 billion, an increase of ¥1.911 billion, or 160.4%, year on year.」
The company continues to describe its efforts to reduce costs. No new initiatives or target figures are presented. - FY2022-Q1RestatedAnnual report
「In terms of earnings, as a result of the impact of higher sales and efforts to reduce costs, operating profit was ¥1.501 billion, an increase of ¥845 million, or 129.0%, year on year.」
The company continues to describe its efforts to reduce costs. No new initiatives or target figures are presented, but higher sales and cost-reduction efforts are cited as factors behind the increase in profit. - FY2021ReframedAnnual report
「(2) SHIFT toward enhancing corporate value ・Improving quality and total cost competitiveness ・Strengthening corporate governance and compliance ・Promoting ESG and achieving the SDGs GOAL」
Under SHIFT2030, improving total cost competitiveness is positioned as part of the SHIFT toward enhancing corporate value, alongside quality, governance, compliance, ESG and the SDGs. - FY2021-Q3RestatedAnnual report
「In terms of earnings, the company worked to reduce expenses by suspending business travel and various activities, but operating profit fell to ¥2.08 billion as a result of lower sales, a decrease of ¥688 million, or 24.9%, year on year.」
The company continues to reduce expenses by suspending business travel and activities. No new savings figures or target figures are presented. - FY2021-Q2RestatedAnnual report
「The company worked to reduce expenses through cost reductions, suspending business travel and improving operational efficiency」
The company continues to reduce expenses through cost reductions, suspending business travel and improving operational efficiency. No new quantitative targets or achievement milestones are presented. - FY2021-Q1RestatedAnnual report
「The company worked to reduce selling, general and administrative expenses by suspending various activities in response to COVID-19 and improving operational efficiency.」
The company states that it worked to reduce selling, general and administrative expenses by suspending activities and improving operational efficiency in response to COVID-19. No new measurable progress, such as the amount of savings, is presented. - FY2020AdvancedAnnual report
「This initiative is now in its fifth year, and working hours reduced in fiscal 2019 reached approximately 29,000 hours. The company has reduced overtime and taken on additional work.」
The company states that it expanded the departments covered by its activity to complete processes within each operation, eliminating waste in indirect operations, and reduced working hours by approximately 29,000 in fiscal 2019. - FY2019AdvancedAnnual report
「This initiative is now in its fourth year, and cumulative working hours reduced through fiscal 2018 reached approximately 64,000 hours. The company has reduced overtime and taken on additional work.」
The company has rolled out the "Half-Time Initiative," which eliminates waste in indirect operations, to its affiliated companies, reporting measurable progress of approximately 64,000 cumulative working hours reduced through fiscal 2018. - FY2019-Q3RestatedAnnual report
「In terms of earnings, despite the burden of upfront costs incurred to achieve the medium- to long-term management plan, productivity improvements contributed to operating profit of ¥4.896 billion, an increase of ¥779 million, or 18.9%, year on year.」
The company reiterates that productivity improvements are having an effect despite the burden of upfront costs. No changes to new cost initiatives or target figures are presented. - FY2018-Q3RestatedAnnual report
「In terms of earnings, despite the burden of upfront costs incurred to achieve the medium- to long-term management plan, productivity improvements contributed to operating profit of ¥4.117 billion, an increase of ¥582 million, or 16.5%, year on year.」
The company reiterates that productivity improvements are having an effect, while the burden of upfront costs continues. No new cost initiatives or target figures are presented. - FY2018-Q2RestatedAnnual report
「In terms of earnings, despite the burden of upfront costs incurred to achieve the medium-term management plan, productivity improvements contributed to operating profit of ¥2.873 billion, an increase of ¥378 million, or 15.2%, year on year.」
The burden of upfront costs is noted alongside the benefits of productivity improvements. No new initiatives or target figures related to improving cost competitiveness are presented. - FY2017RestatedAnnual report
「In terms of earnings, the company benefited from ongoing productivity improvements, but operating profit was also affected by upfront costs incurred to achieve the medium- to long-term management plan and foreign exchange movements. Operating profit was ¥4.288 billion, a decrease of ¥310 million, or 6.7%, from the previous consolidated fiscal year.」
The company continues to describe the benefits of productivity improvements while explaining the impact of upfront costs incurred to achieve the plan and foreign exchange movements. No new cost initiatives or target figures are presented. - FY2017-Q3RestatedAnnual report
「Although ongoing productivity improvements are having an effect, there have also been upfront costs to achieve the medium- to long-term management plan and the impact of foreign exchange rates,」
The benefits of ongoing productivity improvements are reaffirmed, but no specific new initiatives or target figures are presented. - FY2017-Q2RestatedAnnual report
「In terms of earnings, the company benefited from ongoing productivity improvements, but operating profit was also affected by upfront costs incurred to achieve the medium-term management plan and foreign exchange movements. Operating profit was ¥2.495 billion, down ¥28 million, or 1.1%, year on year.」
The benefits of ongoing productivity improvements are reaffirmed, but no specific new initiatives or target figures are presented. - FY2017-Q1RestatedAnnual report
「In terms of earnings, the company has benefited from ongoing productivity improvements, although earnings have also been affected by upfront costs incurred to achieve the medium- to long-term management plan」
The benefits of ongoing productivity improvements are reiterated, but no specific initiatives or quantitative targets are presented. - FY2016First statedAnnual report
「(3) Improving total cost competitiveness」
Improving overall cost competitiveness is identified as a key initiative of Phase 2 of V2020.