Cost reductions through operational stabilization and improvement initiatives

「In addition, the company has worked diligently to advance cost improvement activities in manufacturing.」

「In manufacturing as well, the Group has worked to promote various improvement initiatives and maintain stable operations.」

「The company has worked to maintain stable operations in manufacturing and improve various consumption rates.」

「Meanwhile, on the manufacturing front, manufacturing costs increased due to deterioration in some consumption rates and other factors.」

「Against this backdrop, our Group has worked to pass electricity cost increases through to product prices and reduce various cost ratios.」

「In manufacturing, the Group has advanced initiatives under the improvement initiative “TCC2022” to reduce costs through the use of lower-cost materials and continuously improve productivity.」

「Against this backdrop, our Group has worked to pass various cost increases through to prices under new contracts while continuing activities to reduce manufacturing costs.」

「In addition, the company newly established the Production Control Department in April 2022, began considering the restructuring and systemization of its production control framework from the steelmaking process through processed products, and will promote operational improvements and greater efficiency across the company.」

「On the cost front, the company worked to reduce various consumption rates and other costs, but」

「The company has worked to improve product selling prices and secure product sales volumes by reducing manufacturing costs, exporting deformed bars and expanding sales of processed civil engineering products, among other measures.」

「The group is working to secure product sales volumes by reducing manufacturing costs, exporting deformed bars and expanding sales of processed civil engineering products, among other measures.」

「On the cost front, the company pursued ongoing cost reductions through the improvement activity “TCC2020,” including more effective use of oxygen and the use of lower-cost materials.」

「Against this backdrop, our Group worked to secure product sales volumes and reduce costs. Compared with the same quarter of the previous year, net sales for the first nine months of the fiscal year amounted to ¥16,252 million, down 4.7% year on year, and ordinary profit was ¥760 million, down 25.6%, as the impact of surging prices for iron scrap, our principal raw material, and lower unit selling prices outweighed the benefit of lower prices for other materials and energy.」

「Against this backdrop, the Group worked to expand sales of processed products and further reduce costs. Although sales volumes and selling prices of material products declined from the same quarter of the previous year, lower prices for key raw materials, materials and energy, reductions in costs such as material consumption rates, and higher sales volumes of processed products resulted in revenue of ¥10,694 million, down 5.5% year on year, and ordinary profit of ¥692 million, up 65.5% year on year, for the cumulative second quarter of the current fiscal year.」

「Compared with the same quarter of the previous year, the company achieved cost improvements through lower prices for key raw materials, various materials and energy, as well as improvements in various consumption rates, but was affected by lower product sales volumes and lower product selling prices.」

「On the cost front, the company reduced energy costs by utilizing oxygen-generation equipment and ladle preheating burners, which began full-scale operations in the current consolidated fiscal year, and pursued ongoing cost reductions through the improvement activity “TCC2019.”」

「Against this backdrop, our Group worked to secure sales volumes, maintain selling prices and further reduce costs. However, as the decline in product sales volumes was substantial, net sales for the first quarter of the fiscal year amounted to ¥5,711 million, down 7.2% year on year, ordinary profit was ¥116 million, down 8.6%, and profit attributable to owners of the parent was ¥87 million, up 23.5%.」

「On the cost front, while costs rose due to higher prices for various materials and other items, the company worked diligently to reduce manufacturing costs through improvement activities.」

「On the cost front, the company is working to stabilize operations and reduce costs through improvement activities, while continuing to seek to provide products that satisfy customers.」

「On the cost front, amid rising costs for raw materials and other items, the company is pursuing cost reductions centered on improvement activities while continuing to seek to provide products that satisfy customers.」

「On the cost front, the company worked diligently to stabilize operations and reduce variable and fixed costs through measures centered on improvement activities.」

「On the cost front, the group as a whole is implementing various measures centered on improvement activities to reduce costs, while continuing to pursue the provision of products that satisfy customers.」