Achieving Industry Cost Leadership and GoZERO Activities
First written in FY2016. 25 of 29 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 6 of 21 companies on the "Worse" side.
7 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company is implementing profit improvement measures under the Osaka Steel Group Medium-Term Management Plan formulated on 31 January 2025, including demonstrating product competitiveness and delivery capabilities, organically coordinating its 4 domestic sites, and strengthening the integrated steelmaking-to-rolling-to-shipping operating structure through the operation of an energy- and CO2-saving electric arc furnace,」
Measures to achieve cost competitiveness among the best in Japan have entered the implementation stage, including profit improvement measures involving the start-up of an energy- and CO2-saving electric arc furnace at the Sakai Plant. - 2026-05-12RestatedEarnings presentation
「Against this backdrop, we have made securing appropriate margins our top priority while pursuing thorough cost improvements through our own efforts and sales-expansion initiatives.」
The Company continues to pursue appropriate margins, cost improvements through its own efforts and sales-expansion initiatives. - FY2025RestatedAnnual report
「At the Sakai Plant, its main plant, the company will bring an energy- and CO2-saving electric arc furnace into operation in fiscal 2025 to reduce CO2 emissions and establish cost competitiveness among the best in Japan.」
The company continues to pursue its previous goal of achieving industry-leading cost competitiveness through the operation of an electric arc furnace at the Sakai Plant, energy savings, labor savings and stronger production capabilities. - FY2025-H1RestatedAnnual report
「Against this backdrop, the company has thoroughly managed margins in response to fluctuations in raw material and fuel prices, made securing appropriate selling prices its top priority, and advanced company-wide cost improvements. It promoted cost reductions through steady, frontline efforts to improve yields and unit consumption, as well as measures to strengthen stable production by enhancing equipment inspections and maintenance during periods of lower production.」
The company continues to implement company-wide cost improvements, improve yields and unit consumption, and enhance equipment inspections and maintenance. No new milestones, such as achieving the cost leadership target, have been disclosed. - FY2024-Q3RestatedAnnual report
「In parallel, the company advanced thorough cost improvements through its own efforts and worked to establish a robust domestic business base.」
The company continues to improve costs through its own efforts and build its domestic business base. No new quantification of the cost leadership target or achievements has been disclosed. - FY2024-Q2RestatedAnnual report
「In parallel, the company advanced thorough cost improvements through its own efforts and worked to establish a robust domestic business base.」
The company continues to improve costs through its own efforts and build its domestic business base. No quantification of the cost leadership target itself or new achievements has been disclosed. - FY2023-Q3RestatedAnnual report
「Against this operating backdrop, while seeking customers’ understanding, the company worked to improve selling prices and promote thorough cost reductions.」
The company continues to improve selling prices and implement thorough cost reductions. No new numerical targets or achievements related to achieving cost leadership have been disclosed. - FY2023-Q2RestatedAnnual report
「In parallel, the company also advanced thorough cost improvements.」
The company continues to implement thorough cost improvements. No new numerical targets or achievement of cost leadership have been disclosed. - FY2023-Q1RestatedAnnual report
「Against this backdrop, while seeking customers’ understanding, the company worked to improve selling prices and promote thorough cost reductions.」
The company continues to improve selling prices and implement thorough cost reductions as measures to strengthen its existing cost competitiveness. No new targets or achievements have been disclosed. - FY2021ReframedAnnual report
「On 28 April this year, the company formulated and announced the Osaka Steel Group Medium-Term Management Plan, whose primary objectives are to contribute to a circular economy and a decarbonized society through steel recycling using electric arc furnaces, further strengthen manufacturing capabilities and cost and quality competitiveness to supply products that meet customer needs as a top supplier, and contribute to society.」
The medium-term plan reframes the previous expression, “industry-leading cost competitiveness,” as strengthening manufacturing capabilities and cost and quality competitiveness in order to become a top supplier. - FY2021-Q3RestatedAnnual report
「Against this backdrop, although the Group made every effort to implement thorough cost reductions and advance its growth strategy, profit declined significantly year on year.」
The company continues to implement thorough cost reductions and advance its growth strategy, but no new targets or specific achievements have been disclosed. - FY2021-Q2RestatedAnnual report
「We have also actively pursued thorough cost reductions through operational efforts rooted in the shop floor and actual conditions.」
Operational efforts rooted in the shop floor and actual conditions and thorough cost reductions continue. No new achievements related to the cost-leadership target are stated. - FY2021-Q1RestatedAnnual report
「While continuing to pursue thorough cost reductions and promote our growth strategy, we were forced to report an ordinary loss in the first quarter.」
Thorough cost reductions and the growth strategy continue, but no new specific measures or achievement of the cost-leadership target are indicated. - FY2020RestatedAnnual report
「We will continue to promote thorough energy-saving and productivity improvement measures and work to further strengthen our cost competitiveness, which is among the highest in the industry.」
Energy conservation, productivity improvements and stronger cost competitiveness remain stated objectives. No new numerical targets or achievements are indicated. - FY2020-Q3RestatedAnnual report
「We have also worked to further pursue energy-efficient and resource-saving operations and to achieve thorough cost reductions through operational efforts rooted in the shop floor and actual conditions.」
Operational efforts rooted in the shop floor and actual conditions, energy-efficient and resource-saving operations, and thorough cost reductions continue. - FY2020-Q2RestatedAnnual report
「We have also worked to further pursue energy-efficient and resource-saving operations and to achieve thorough cost reductions through operational efforts rooted in the shop floor and actual conditions.」
Operational efforts rooted in the shop floor and actual conditions, energy-efficient and resource-saving operations, and thorough cost reductions continue. No new cost-leadership targets or achievements are stated. - FY2020-Q1RestatedAnnual report
「We have also worked to further pursue energy and power conservation and thorough cost reductions through operational efforts rooted in the shop floor and actual conditions.」
Energy and power conservation, operational efforts rooted in the shop floor, and thorough cost reductions continue. No new cost-leadership targets or achievements are stated. - FY2019RestatedAnnual report
「We will continue to pursue thorough energy-saving measures and productivity improvements and work to further strengthen our cost competitiveness, which is among the highest in the industry.」
Thorough energy conservation, productivity improvements and stronger cost competitiveness continue as measures carrying forward the previous focus on GoZERO and industry-leading cost competitiveness. - FY2019-Q3RestatedAnnual report
「We have also worked to reduce costs in response to changes in the external environment, including the pursuit of more energy-efficient and resource-saving operations.」
Energy-efficient and resource-saving operations and cost reductions continue. No new numerical targets or achievements related to achieving industry-leading cost competitiveness are stated. - FY2019-Q2RestatedAnnual report
「While pursuing thorough cost reductions through operational efforts rooted in the shop floor and actual conditions, we have also worked to reduce costs in response to changes in the external environment, including the further pursuit of energy-efficient and resource-saving operations.」
Operational efforts rooted in the shop floor, thorough cost reductions, and energy-efficient and resource-saving operations continue. - FY2019-Q1RestatedAnnual report
「We have also worked to reduce costs in response to changes in the external environment, including the pursuit of more energy-efficient and resource-saving operations.」
Cost reductions, including energy-efficient and resource-saving operations, continue. No new numerical targets or achievements related to achieving industry-leading cost competitiveness are stated. - FY2018ReframedAnnual report
「We will also pursue a growth strategy centered on our overseas business, particularly KOS, further strengthen quality and product competitiveness, and further enhance the efficient production and logistics structure of the Group's domestic businesses. In addition, we will continue to promote thorough energy-saving and productivity improvement measures and work to further strengthen our cost competitiveness, which is among the highest in the industry.」
The wording has changed from the previous “industry cost leader” to “further strengthening cost competitiveness at the industry's highest level,” with production and logistics, energy conservation and productivity improvements explicitly identified as the means. - FY2018-Q3RestatedAnnual report
「Amid this business environment, we have strengthened and enhanced compliance, worked to strengthen risk management for safety, environmental and disaster-prevention matters, and strengthened product competitiveness and our business foundation. We have also implemented thorough cost reductions rooted in the shop floor and actual products, as represented by GoZERO activities.」
GoZERO activities and thorough cost reductions rooted in the shop floor and actual products continue. No new numerical targets or achievements related to achieving industry-leading cost competitiveness are stated. - FY2018-Q2RestatedAnnual report
「We have also worked on thorough cost reductions rooted in the shop floor and actual products.」
Thorough cost reductions rooted in the shop floor and actual products continue. No new achievements or numerical targets are stated. - FY2018-Q1RestatedAnnual report
「Under these circumstances, we have further pursued energy and power conservation, quality improvements and stronger product competitiveness, while maintaining a safety-first and shop-floor-first approach. We have also deepened GoZERO activities rooted in the shop floor and actual operations and implemented steady cost reductions.」
We continue to carry out deeper GoZERO activities and steady cost reductions. - FY2017-Q3RestatedAnnual report
「We have also worked on thorough cost reductions and stronger, differentiated product competitiveness rooted in the shop floor and actual products. As part of these efforts, we began selling Color Angle 74 Aqua Coating, which uses lead- and chromium-free, water-based rust-preventive paint (JIS K 5674, Type 2).」
Shop-floor- and product-based cost reductions and stronger, differentiated product competitiveness continue. The start of sales of a new product is stated, but no specific achievement of the cost-leadership target is indicated. - FY2017-Q2RestatedAnnual report
「We have also worked on thorough cost reductions and stronger, differentiated product competitiveness rooted in the shop floor and actual products.」
Shop-floor- and product-based cost reductions and stronger, differentiated product competitiveness continue. - FY2017-Q1RestatedAnnual report
「We have further promoted thorough cost reductions and stronger, differentiated product competitiveness and steadily implemented proactive measures in our domestic and overseas businesses.」
Cost reductions and stronger, differentiated product competitiveness continue as measures toward the previous goal of achieving industry-leading cost competitiveness. - FY2016First statedAnnual report
「We will deepen GoZERO activities rooted in the shop floor and actual products with the aim of achieving industry-leading cost competitiveness. With energy and power conservation as a central focus, we will steadily improve costs and further promote stronger product competitiveness and differentiation through equipment enhancements aimed at improving quality and the development of new products.」
Achieving industry-leading cost competitiveness is the stated goal, with GoZERO activities, energy conservation, equipment enhancements and new product development identified as the means.