Thorough Cost Reduction
First written in FY2016. 17 of 23 entries say "Restated". Latest entry: FY2024-Q3.
- FY2024-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no material changes to the business or financial issues requiring attention, and no new issues arose.」
The company reconfirms that there have been no significant changes or new issues concerning cost reductions. - FY2024-Q2AdvancedAnnual report
「Although the effects of higher raw-material prices and elevated energy costs remained significant, gross profit increased substantially, driven by the maintenance of net sales and an improvement in the cost ratio resulting from higher plant utilisation.」
Amid continued increases in raw-material and energy costs, the cost ratio improved through the maintenance of net sales and higher plant utilisation, resulting in a substantial increase in gross profit. - FY2023AdvancedAnnual report
「Although the effects of price increases, including the resetting of selling prices, also contributed, the main factor was an increase in orders. In terms of profit, the cost of sales ratio improved from 83.7% in the previous fiscal year to 79.8% in the current fiscal year, mainly due to a review of the production system, including personnel reassignments that continued from the previous fiscal year, higher plant utilisation and the resulting absorption of fixed costs following the recovery of orders in the Aerospace and Industrial Products segment, restrained capital investment, and a decline in inventories subject to impairment as profitability recovered. The ratio of selling, general and administrative expenses to net sales also improved from 17.8% in the previous fiscal year to 16.2% in the current fiscal year.」
Through the resetting of selling prices, a review of the production system and restrained capital investment, the cost of sales ratio improved from 83.7% to 79.8%, while the selling, general and administrative expense ratio improved from 17.8% to 16.2%. - FY2023-Q1AdvancedAnnual report
「Although energy costs and expenses such as exhibition fees also increased recently, overall, efforts to reduce costs resulted in lower operating loss, ordinary loss and net loss attributable to owners of the parent than in the same period of the previous year.」
Despite increases in energy and other costs, cost-reduction efforts reduced operating, ordinary and net losses from the same period of the previous year. - FY2022Specific cost-control measuresAnnual report
「We reviewed costs across the company and contained personnel expenses through measures including personnel reassignments and bonus reductions, as well as the effect of natural staff attrition.」
To improve profitability amid declining revenue, the company specifically implemented personnel reassignments, bonus reductions and personnel-cost containment through natural staff attrition. - FY2022-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no material changes to the business or financial issues requiring attention, and no new issues arose.」
The company reconfirms that there have been no significant changes or new issues concerning cost reductions. - FY2022-Q1RestatedAnnual report
「During the cumulative consolidated first quarter, there were no material changes to the business or financial issues requiring attention, and no new issues arose.」
The company reconfirms that there have been no significant changes or new issues concerning cost reductions. - FY2021Emphasised as an urgent issueAnnual report
「In addition, as the outlook for orders of components for large government aircraft and sealing materials for commercial aircraft remains challenging for the time being, we will work toward further cost reductions.」
Cost reductions are emphasised not only as an ongoing initiative, but also as an urgent issue in response to the challenging order environment. - FY2021-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no material changes to the business or financial issues requiring attention, and no new issues arose.」
The company reconfirms that there have been no significant changes or new issues concerning cost reductions. - FY2021-Q2RestatedAnnual report
「During the cumulative consolidated second quarter, there were no material changes to the business or financial issues requiring attention, and no new issues arose.」
The company reconfirms that there have been no significant changes or new issues concerning cost reductions. - FY2021-Q1RestatedAnnual report
「During the cumulative consolidated first quarter, there were no material changes to the business or financial issues requiring attention, and no new issues arose.」
The company reconfirms that there have been no significant changes or new issues concerning cost reductions. - FY2020-Q3RestatedAnnual report
「During the cumulative consolidated third quarter, there were no material changes to the business or financial issues requiring attention, and no new issues arose.」
The company reconfirms that there have been no significant changes or new issues concerning cost reductions. - FY2020-Q2RestatedAnnual report
「During the cumulative consolidated second quarter, there were no material changes to the business or financial issues requiring attention, and no new issues arose.」
The company reconfirms that there have been no significant changes or new issues concerning cost reductions. - FY2019-Q3RestatedAnnual report
「Under these circumstances, as a company that provides equipment for disaster relief activities and structural components for infrastructure facilities, our Group worked to contribute to maintaining a safe and secure society through proactive sales activities, including developing new markets and new customers in Japan and overseas, expanding into new businesses, and reviving existing businesses, as well as through efforts to plan and develop high-value-added products, achieve further cost reductions, and improve production efficiency.」
The company states that it continued its further cost-reduction activities as before. - FY2019-Q2RestatedAnnual report
「Under these circumstances, as a company that provides equipment for disaster relief activities and structural components for infrastructure facilities, our Group worked to contribute to maintaining a safe and secure society through proactive sales activities, including developing new markets and new customers in Japan and overseas, expanding into new businesses, and reviving existing businesses, as well as through efforts to plan and develop high-value-added products, achieve further cost reductions, and improve production efficiency.」
The company states that it continued its further cost-reduction activities as before. - FY2019-Q1RestatedAnnual report
「Under these circumstances, our Group continued its sales activities, including developing new markets and new customers in Japan and overseas, expanding into new businesses, and reviving existing businesses, while also working to plan and develop high-value-added products, achieve further cost reductions, and improve production efficiency.」
The company states that it continued its further cost-reduction activities as before. - FY2018RestatedAnnual report
「In the Firefighting and Disaster Prevention segment, we will continue to implement thorough cost reductions and develop new manufacturing methods in response to intensifying price competition for fire hoses, while developing hoses differentiated from competitors' products.」
Cost reductions in response to price competition for fire hoses remain a stated priority, alongside the development of new manufacturing methods. - FY2018-Q3RestatedAnnual report
「Under these circumstances, our Group continued its sales activities, including developing new markets and new customers in Japan and overseas, expanding into new businesses, and reviving existing businesses, while also working to plan and develop high-value-added products, achieve further cost reductions, and improve production efficiency.」
Further cost-reduction activities are described as an initiative that continued to be implemented. - FY2018-Q2RestatedAnnual report
「Under these circumstances, our Group continued its sales activities, including developing new markets and new customers in Japan and overseas, expanding into new businesses, and reviving existing businesses, while also working to plan and develop high-value-added products, achieve further cost reductions, and improve production efficiency.」
Further cost-reduction activities are described as an initiative that continued to be implemented. - FY2018-Q1RestatedAnnual report
「Under these circumstances, our Group continued its sales activities, including developing new markets and new customers in Japan and overseas, expanding into new businesses, and reviving existing businesses, while also working to plan and develop high-value-added products, achieve further cost reductions, and improve production efficiency.」
Cost-reduction activities are described as an initiative that continued to be implemented. - FY2017-Q3RestatedAnnual report
「Under these circumstances, our Group continued its proactive sales activities, including developing new markets and new customers in Japan and overseas, expanding into new businesses, and reviving existing businesses, while also working to plan and develop high-value-added products, reduce costs, and improve production efficiency.」
Cost-reduction activities are described as an initiative that continued to be implemented. - FY2017-Q2RestatedAnnual report
「Under these circumstances, our Group continued its sales activities, including developing new markets and new customers in Japan and overseas, expanding into new businesses, and reviving existing businesses, while also working to plan and develop high-value-added products, reduce costs, and improve production efficiency.」
Cost-reduction activities are described as an initiative that continued to be implemented. - FY2016First statedAnnual report
「We will promote the development of new products, thorough cost reductions and greater business efficiency.」
Cost reductions are positioned as a company-wide initiative alongside new product development.