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Toyo Asano Foundation (5271) · InitiativeWorsenedLatest Earnings (2026-07-10): "Advanced"

Strengthening production systems in response to low operating rates and reducing costs

First written in FY2021-Q1. 7 of 14 entries say "Advanced", first in FY2022. Latest entry: 2026-07-10.

14entries
7years
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ProgressHeldSoftenedWorseRestatedFY2021-Q1 – FY2021-Q3AdvancedFY2022 – FY2023-Q3ReframedFY2024AdvancedFY2025 – FY2026-H12020: 220202021: 220212022: 220222023: 220232024: 220242025: 220252026: 22026
Same theme, other companies

0 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-10AdvancedEarnings

    「As part of our Reform strategy aimed at improving profit margins, our group has implemented cost reductions and profit management by property, among other measures.」

    The company continues to implement cost reductions, cost management and profit management by property, building on measures to address low operating rates and review its cost structure. Operating profit in the core business increased 13.0% year on year.
  2. FY2026WorsenedAnnual report

    「In the consolidated fiscal year under review, profit margins per property did not decline, but revenue fell short of expectations due to factors including the shifting of properties between periods. As a result, business profit declined substantially because the lower operating rate increased the burden of fixed costs.」

    While property-level profit management and other measures kept profit margins per property from declining, business profit fell substantially because the shifting of properties between periods and the lower operating rate increased the burden of fixed costs.
  3. FY2026-H1AdvancedAnnual report

    「Revenue generally tracked the initial plan, while profit benefited from the large number of projects completed in the second quarter and the effectiveness of various margin improvement measures under the Reform strategy, including thorough cost management, cost reductions, and project-by-project profit management. As a result, revenue for the interim consolidated accounting period was ¥7,156 million, up 4.0% from the previous interim consolidated accounting period, and operating profit was ¥757 million, up 39.4%.」

    Cost management, cost reduction and property-level profit management, developed from measures to address low operating rates and review the cost structure, produced results, increasing operating profit from the core business by 39.4% year on year.
  4. FY2025AdvancedAnnual report

    「Against this backdrop, under the Reform strategy, we have flexibly combined and implemented basic measures such as cost reduction, cost management and project-by-project profit management in response to changes in the external environment, and believe these measures are steadily producing results.」

    The company explains that measures combining cost reduction, cost management and property-level profit management, implemented steadily in response to the external environment, are producing results. The gross profit margin was 18.9%.
  5. FY2024ReframedAnnual report

    「Against this backdrop, under the Reform strategy, we have flexibly combined and implemented basic measures such as cost reduction, cost management and project-by-project profit management in response to changes in the external environment, and believe these measures are steadily producing results.」

    The description of the measures has been organised around the Reform strategy, which combines cost reduction, cost management and project-by-project profit management in response to the external environment, rather than the previous production controls and cost reduction suited to low operating levels.
  6. FY2024-Q3AdvancedAnnual report

    「Although revenue declined due to lower demand, the thorough implementation of measures undertaken since the previous fiscal year, including cost reduction and management and project-by-project profit management, proved effective. As a result, revenue for the cumulative third quarter of the fiscal year was ¥11,842 million, down 3.9% year on year, while operating profit was ¥1,136 million, up 89.1%.」

    Following the previous descriptions of responses to low operating levels and reviews of the cost structure, the filing states that thorough cost reduction and management and project-by-project profit management led to a significant increase in operating profit.
  7. FY2024-Q1ReframedAnnual report

    「Profit margins in the foundation business improved significantly, partly because the thorough implementation of measures undertaken since the previous fiscal year, including cost reduction and management and project-by-project profit management, proved effective.」

    The description of the measures has shifted from responding to the gap between large projects and low operating levels to improving profit margins in the foundation business through thorough cost reduction and management and project-by-project profit management.
  8. FY2023-Q3AdvancedAnnual report

    「Production during the cumulative third quarter of the fiscal year was in line with the plan. Although the business environment was extremely difficult and raw material prices were soaring, thorough cost management resulted in revenue of ¥1,424 million, down 0.3% year on year, and operating profit of ¥27 million, compared with an operating loss of ¥5 million in the same quarter of the previous fiscal year.」

    Production was carried out in line with the plan and cost management was implemented thoroughly. Operating profit in the concrete segment business improved to ¥27 million from an operating loss of ¥5 million in the same period of the previous year.
  9. FY2023-Q2AdvancedAnnual report

    「Production during the cumulative second quarter of the fiscal year was in line with the plan. Although the business environment was extremely difficult and raw material prices were soaring, thorough cost management resulted in revenue of ¥936 million, down 4.3% year on year, and operating profit of ¥21 million, compared with profit of ¥1 million in the same quarter of the previous fiscal year.」

    The company has shifted from its previous response to low operating levels to production in line with the plan and thorough cost management. Operating profit in the concrete segment business increased to ¥21 million from ¥1 million in the same period of the previous year.
  10. FY2022AdvancedAnnual report

    「As demand declined nationwide and profitability remained extremely challenging, we thoroughly reviewed our cost structure and worked to secure earnings. As a result, revenue for the consolidated fiscal year was ¥1,920 million, up 23.9% from the previous consolidated fiscal year, and the operating loss was ¥0 million, compared with an operating loss of ¥2 million in the previous consolidated fiscal year.」

    The measures were made more specific, moving from production controls and cost reduction in response to low operating levels to a thorough review of the cost structure, which led to higher revenue and a smaller operating loss.
  11. FY2022-Q2ReframedAnnual report

    「We began manufacturing large projects at the start of the current consolidated fiscal year and progress has been in line with the plan. However, as demand has declined nationwide and profitability has remained extremely challenging, we thoroughly reviewed our cost structure and worked to secure earnings, resulting in」

    The description of the measures has changed from strict production controls and cost reduction in response to the gap between large projects and low operating levels to a thorough review of the cost structure aimed at improving profitability after the start of manufacturing large projects.
  12. FY2021-Q3RestatedAnnual report

    「We remained between large projects, resulting in an extremely challenging business environment for the second consecutive year. In addition, the recovery in demand is later than initially expected and the current situation is expected to continue for the time being. We therefore implemented production controls suited to low operating levels, worked to reduce costs and proceeded with manufacturing projects carried over from the previous consolidated fiscal year. As a result, revenue for the first 9 months of the current third quarter consolidated cumulative period was ¥1,205 million, up 10.5% year on year, and the operating loss was ¥0 million, compared with operating profit of ¥2 million in the same period of the previous year.」

    To address the gap between large projects and the delay in demand recovery, the company continues to implement production controls suited to low operating levels, cost reduction and manufacturing of carried-over projects. Revenue increased 10.5% year on year, but the operating loss was ¥0 million.
  13. FY2021-Q2RestatedAnnual report

    「As the recovery in demand is later than initially expected and the current situation is expected to continue for the time being, we implemented production controls suited to low operating levels, worked to reduce costs and proceeded with manufacturing projects carried over from the previous consolidated fiscal year, resulting in」

    To address the gap between large projects and the delay in demand recovery, the company continues to implement production controls suited to low operating levels, cost reduction and manufacturing of carried-over projects.
  14. FY2021-Q1First statedAnnual report

    「As the recovery in demand is later than initially expected and the current situation is expected to continue for the time being, we implemented production controls suited to low operating levels, worked to reduce costs and proceeded with manufacturing projects carried over from the previous fiscal year, resulting in」

    To address the gap between large projects and the delay in demand recovery, the filing describes for the first time a combination of production controls suited to low operating levels, cost reduction and manufacturing of carried-over projects.
Moved together

"Improving Profitability by Strengthening Cost Competitiveness" moved the same way as this thread, in the same document, in 8 of its 14 moves.

865443★123456
  1. ★This thread
  2. 1Improving Profitability by Strengthening Cost Competitiveness8×
  3. 2Medium- to long-term targets of a 30% equity ratio and 8% ROE6×
  4. 3Liquidity risk of being unable to make payments when due5×
  5. 4Weak Demand and Intensifying Competition for Orders in the Concrete Pile Market4×
  6. 5Risk of Higher Finance Costs Due to Rising Interest Rates4×
  7. 6Downside risks to economic conditions from crude oil prices, a slowdown in emerging markets, and fluctuations in foreign exchange rates and stock prices3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Toyo Asano Foundation yet. It last moved in the Earnings of 2026-07-10: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Strengthening production systems in response to low operating rates and reducing costs | TOYO ASANO FOUNDATION CO.,LTD. (5271) | Komori