Improving Profitability through Cost Reduction
First written in FY2016. 10 of 13 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
91 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Core operating profit was ¥9,551 million, an increase of 23.3% from the previous consolidated fiscal year. This was mainly due to an improvement in the gross profit margin resulting from higher revenue, a review of the Group's internal production structure and other factors, in addition to the yen's depreciation against foreign currencies.」
Core operating profit increased 23.3% year on year, driven by higher revenue and an improved gross profit margin resulting from a review of the Group's internal production structure. - FY2023AdvancedAnnual report
「To improve profitability, the Company pursued initiatives including the development of innovative production methods, the construction of automated lines and operational efficiency improvements using digital technologies, under the themes of "deepening and evolving monozukuri" and "work-style reform for individuals and organizations."」
The Company advanced innovative production methods, automated lines and operational efficiency improvements using digital technologies as specific measures to improve profitability. - FY2020AdvancedAnnual report
「During the consolidated fiscal year, to establish a consolidated cost-of-sales ratio of 70% or less, the Company set target operating conditions emphasizing productivity and profitability for existing production lines for major products, including automotive belts and power transmission belts for general industrial use, and promoted cost reductions through the development of innovative production methods and the construction of automated lines.」
To establish a consolidated cost-of-sales ratio of 70% or less, the Company set targets for production lines for major products, developed innovative production methods and built automated lines. - FY2019AdvancedAnnual report
「Specifically, to establish a consolidated cost-of-sales ratio of 70% or less, the Company will promote cost reductions on existing production lines for major products, including automotive belts and power transmission belts for general industrial use, through the development of innovative production methods and the construction of automated lines. It will also promote the establishment of a globally optimized production structure based primarily on production close to demand centers.」
The Company specified a consolidated cost-of-sales ratio of 70% or less as its cost-reduction target and identified innovative production methods, automated lines and production close to demand centers as specific measures. - FY2018AdvancedAnnual report
「Meanwhile, the Company thoroughly pursued cost-reduction activities to improve profitability and worked to strengthen global competitiveness by establishing a globally optimized procurement, production and supply structure. As a result, for the fiscal year under review, net sales were ¥91,263 million, up 3.3% year on year, and operating profit was ¥6,336 million, up 7.5%.」
It reported that operating profit for the fiscal year under review increased 7.5% year on year, while continuing cost-reduction activities and establishing a globally optimized procurement, production and supply structure. - FY2018-Q3AdvancedAnnual report
「Meanwhile, the Company thoroughly pursued cost-reduction activities to improve profitability and worked to strengthen global competitiveness by establishing a globally optimized procurement, production and supply structure. As a result, for the first 3 quarters of the consolidated fiscal year, net sales were ¥68,286 million, up 3.8% year on year, operating profit was ¥4,714 million, up 12.2%, ordinary profit was ¥5,224 million, up 4.2%, and net profit attributable to owners of the parent was ¥3,947 million, up 3.9%.」
It reported that operating profit for the first 3 quarters increased 12.2% year on year, while continuing cost-reduction activities and other initiatives. - FY2018-Q2RestatedAnnual report
「The company also thoroughly pursued cost-reduction activities to improve profitability and worked to strengthen global competitiveness by establishing a globally optimized procurement, production and supply system.」
The Company continues to pursue cost-reduction activities and establish a globally optimized procurement, production and supply structure as initiatives to improve profitability. - FY2018-Q1RestatedAnnual report
「Meanwhile, to improve profitability, the company thoroughly pursued cost-reduction activities and worked to strengthen global competitiveness by establishing a globally optimized procurement, production and supply system.」
The Company continues to pursue cost-reduction activities and establish a globally optimized procurement, production and supply structure to improve profitability. - FY2017AdvancedAnnual report
「As a result, segment sales were ¥31,446 million, down 5.0% year on year, while segment profit was ¥1,991 million, up 3.5%, owing to thorough cost-reduction activities and orders placed with an emphasis on profitability, among other factors.」
It reported that full-year segment profit in the Industrial Materials Business was ¥1,991 million, up 3.5% year on year, owing to cost-reduction activities and orders placed with an emphasis on profitability. - FY2017-Q3AdvancedAnnual report
「As a result, segment sales were ¥23,438 million, down 8.0% year on year, while segment profit was ¥1,516 million, up 10.1%, owing to thorough cost-reduction activities and orders placed with an emphasis on profitability, among other factors.」
Cumulative segment profit for the third quarter in the Industrial Materials Business increased 10.1% year on year, owing to thorough cost-reduction activities and orders placed with an emphasis on profitability. - FY2017-Q2AdvancedAnnual report
「As a result, segment sales were ¥15,866 million, down 11.1% year on year, while segment profit was ¥1,206 million, up 9.0%, owing to thorough cost-reduction activities and orders placed with an emphasis on profitability, among other factors.」
It reported that segment profit in the Industrial Materials Business increased 9.0% year on year, driven by thorough cost-reduction activities and orders placed with an emphasis on profitability. - FY2017-Q1AdvancedAnnual report
「Operating profit was ¥1,459 million, up 12.9% year on year, owing to the results of cost-reduction activities and lower raw material procurement prices, among other factors.」
It reported that quarterly operating profit increased 12.9% year on year, driven by cost-reduction activities and lower raw material procurement prices. - FY2016First statedAnnual report
「Meanwhile, the Company thoroughly pursued cost-reduction activities to improve profitability and worked to strengthen global competitiveness by establishing a globally optimized procurement, production and supply structure. As a result, for the consolidated fiscal year, net sales were ¥93,270 million, down 2.2% year on year, operating profit was ¥5,960 million, up 24.3%, and ordinary profit was ¥6,363 million, up 11.1%.」
The Company identified cost reductions and a globally optimized procurement, production and supply structure as initiatives, and reported an increase in operating profit for the fiscal year under review.