Improving Profitability Through Structural Reform of the Ceramic Components Business
First written in FY2021-Q1. 3 of 5 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2022-Q1.
0 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「During the quarter, the three-year structural reform plan was also completed, and the negative assets associated with the shift to high-margin products were eliminated. Net sales rose 23.7% year on year to ¥11,112 million.」
The company states that the three-year structural reform plan was completed and that the negative assets associated with the shift to high-margin products were eliminated, indicating progress from the planning stage to completion. - FY2021AdvancedAnnual report
「In the ceramic components business, differentiated products that leverage our materials and core technologies continued to perform steadily. We also worked to strengthen our business foundation and improve profitability, including by focusing on yield improvements and inventory reduction through shorter lead times.」
As specific measures to reform the earnings structure, the company expanded differentiated products, improved yields, shortened lead times and reduced inventory, resulting in a segment profit margin of 30.1% and segment profit of ¥9,858 million. - FY2021-Q3AdvancedAnnual report
「In this business, we advanced investments in growth areas, improvement initiatives and sales expansion to reform the earnings structure for further future growth. As a result, revenue for the nine months ended in the third quarter of the current consolidated fiscal year rose 3.8% year on year to ¥24,704 million, while segment profit rose 10.5% to ¥7,386 million.」
With regard to earnings-structure reform in the ceramic components business, the company continues to invest in growth areas, make improvements and expand sales, resulting in higher revenue and higher profit. - FY2021-Q2AdvancedAnnual report
「In this business, we are conducting rigorous assessments and actively investing in growth areas to reform the earnings structure for further growth. As a result, we disposed of ¥183 million of inventory inherited from the business acquired in December 2018, as well as some equipment. At the same time, we made substantial capital investments related to the semiconductor components business as part of our growth investments.」
In the ceramic components business, we rigorously assessed assets, rationalised inventory and equipment, and invested in equipment in growth areas as measures to reform the earnings structure. - FY2021-Q1First statedAnnual report
「In addition, the effects of the structural reforms pursued to date have begun to emerge.」
For the ceramic components business, this is the first time the effects of the structural reforms pursued to date have been described as a standalone initiative.