Transforming the Cost Structure and Reducing Total Costs
First written in FY2016. 14 of 39 entries say "Advanced", first in FY2017. Latest entry: 2026-10-29.
4 other companies' latest entry also says "Worsened".
- FY2026AdvancedAnnual report
「On the profit side, reforms to the earnings structure, including productivity improvements, cost reductions through operational rationalisation, and product price reviews and negotiations, resulted in operating profit of ¥9 million, compared with an operating loss of ¥214 million in the year-earlier period, and ordinary profit of ¥162 million, compared with an ordinary loss of ¥70 million. Both exceeded the year-earlier period.」
Productivity improvements, operational rationalisation, cost reductions, and product price reviews and negotiations improved operating profit from a ¥214 million loss in the previous year to a ¥9 million profit, and ordinary profit from a ¥70.4 million loss to a ¥162.27 million profit. - FY2026-H1AdvancedAnnual report
「On the profit side, the Company pursued reforms to its earnings structure, including productivity improvements, operational efficiency, cost reductions and price negotiations, and achieved results above the year-earlier period. However, it was unable to offset the decline in profit caused by lower revenue and consequently recorded an operating loss. As a result, operating loss was ¥55 million, compared with an operating loss of ¥106 million in the year-earlier period; ordinary profit was ¥64 million, compared with ordinary profit of ¥2 million; and interim net profit was ¥49 million, compared with an interim net loss of ¥5 million.」
Earnings-structure reforms reduced the operating loss from ¥106 million in the year-earlier period to ¥55 million, and ordinary profit and interim net profit turned positive. However, an operating loss remained. - FY2025WorsenedAnnual report
「On the profit side, the Company pursued reforms to its earnings structure, including productivity improvements, cost reductions through operational rationalisation and product price negotiations. However, it was unable to offset the decline in profit caused by persistently high raw-material and fuel prices and lower sales, resulting in an operating loss and an ordinary loss.」
Despite efforts to improve productivity, rationalise operations, reduce costs and negotiate prices, the Company was unable to offset persistently high raw-material and fuel prices and lower sales, resulting in an operating loss and an ordinary loss. - FY2025-H1Profitability restructuring insufficient to offset lower sales and rising costsAnnual report
「On the profit side, the Company pursued reforms to its earnings structure, including productivity improvements, cost reductions through operational rationalisation and product price negotiations. However, it was unable to offset the decline in profit caused by higher raw-material and fuel prices and lower sales, and consequently recorded an operating loss.」
Despite efforts to improve productivity, rationalise operations, reduce costs and negotiate product prices, the Company was unable to offset the decline in profit caused by higher raw-material and fuel prices and lower sales. - FY2024WorsenedAnnual report
「On the profit side, the Company worked to contain expenses, improve productivity and reduce costs. However, in addition to profit pressure from lower revenue, the impact of higher fuel and raw-material costs resulted in an operating loss, while ordinary profit and net profit for the period fell well below the year-earlier period.」
Despite efforts to contain expenses, improve productivity and reduce costs, lower revenue and higher fuel and raw-material costs resulted in an operating loss, while ordinary profit and net profit for the period also declined significantly. - FY2024-Q3Cost reductions and margin improvements insufficient to offset core-product profit declineAnnual report
「While raw-material prices for core products continued to rise, the Company worked to reduce costs through operational efficiency and other measures, and to improve margins in the renovation business, but these efforts were insufficient to cover core-product profit.」
The Company pursued cost reductions through operational efficiency and other measures and improved margins in the renovation business, but these efforts did not offset the decline in core-product profit amid higher raw-material prices. - FY2024-Q2Construction-related cost inflation squeezed marginsAnnual report
「On the profit side, raw-material prices and other costs continued to rise, particularly for core products. In addition, as the number of renovation projects increased, materials, construction and transportation costs rose, squeezing margins and resulting in a significant decline from the year-earlier period.」
In addition to higher raw-material prices and other costs, increases in materials, construction and transportation costs associated with the rise in renovation projects squeezed margins. - FY2024-Q1Cost savings insufficient to offset rising raw-material costsAnnual report
「The Company continued efforts to improve productivity and reduce total costs, but the impact of higher raw-material and purchase prices continued to grow, causing operating profit, ordinary profit and quarterly net profit to fall below the year-earlier period.」
Despite continued productivity improvements and total cost reductions, the growing impact of higher raw-material and purchase prices caused all three profit measures to fall below the year-earlier period. - FY2023RestatedAnnual report
「The company will establish a simple, streamlined structure through horizontal deployment and standardization across plants, and work to improve earnings through thorough operational consolidation.」
The Company continues to pursue higher profitability through the horizontal rollout and standardisation of practices across factories, as well as the simplification and consolidation of operations. - FY2023-Q3Cost savings offset by rising costsAnnual report
「Revenue increased, and the Company continued efforts to improve productivity and reduce total costs, achieving some results. However, rising materials and utility costs continued to have a greater impact, and operating profit and ordinary profit fell below the year-earlier period.」
Although productivity improvements and total cost reductions produced some results, the growing impact of higher materials and utility costs led to declines in operating profit and ordinary profit. - FY2023-Q2AdvancedAnnual report
「Operating income and ordinary income were substantially higher than in the year-earlier period as a result of higher sales and the results of continued productivity improvements and total cost reductions.」
As a result of continued productivity improvements and total cost reductions, operating profit rose 43.4% year on year and ordinary profit rose 28.1%. - FY2023-Q1AdvancedAnnual report
「Earnings were substantially higher than in the year-earlier period as a result of higher sales and continued productivity improvements and total cost reductions. As a result, sales were ¥2.447 billion (¥2.277 billion in the year-earlier period, up 7.4%). Operating income was ¥90 million (¥48 million in the year-earlier period, up 88.0%), ordinary income was ¥133 million (¥87 million in the year-earlier period, up 51.9%), and quarterly net income was ¥83 million (¥64 million in the year-earlier period, up 29.2%).」
The company reports concrete progress in earnings improvement from continued total cost reductions and productivity improvements, including an 88.0% year-on-year increase in operating income and a 51.9% increase in ordinary income. - FY2022RaisedAnnual report
「The company will establish a simple, streamlined structure through horizontal deployment and standardization across plants, and work to improve earnings through thorough operational consolidation.」
In addition to its existing total cost reduction and labor-saving efforts, the company has identified horizontal deployment and standardization across plants, as well as operational simplification and consolidation, as new means of improving earnings. - FY2022-Q3AdvancedAnnual report
「Earnings were substantially higher than in the year-earlier period, reflecting the results of continued productivity improvements and total cost reductions, together with the effect of the impairment loss recognized in the previous fiscal year. As a result, sales were ¥7.264 billion (¥6.934 billion in the year-earlier period, up 4.8%). Operating income was ¥232 million (an operating loss of ¥50 million in the year-earlier period), ordinary income was ¥332 million (¥77 million in the year-earlier period, up 330.5%), and quarterly net income was ¥290 million (a quarterly net loss of ¥813 million in the year-earlier period).」
The results of continued productivity improvements and total cost reductions, together with the effect of the impairment loss, led to substantial improvements in operating income, ordinary income, and quarterly net income from their year-earlier loss or profit levels. - FY2022-Q2AdvancedAnnual report
「Earnings were substantially above the same period of the previous year, reflecting the results of continued efforts to improve productivity and reduce total costs, together with the effect of impairment losses recognized in the previous fiscal year.」
Continued total cost reductions and productivity improvements resulted in a shift from an operating loss in the year-earlier period to operating income of ¥102.59 million, while ordinary income was ¥186.00 million and quarterly net income was ¥184.46 million. - FY2022-Q1AdvancedAnnual report
「Earnings were substantially higher than in the year-earlier period, reflecting the results of continued efforts to reduce total costs and improve productivity, together with the effect of the impairment loss recognized in the previous fiscal year.」
As a result of total cost reductions, productivity improvements, and the effect of the impairment loss recognized in the previous fiscal year, operating income turned from an operating loss of ¥92.81 million in the year-earlier period to a profit of ¥48.21 million. - FY2021Rationalization and productivity improvements failed to offset the impact of lower salesAnnual report
「The company worked to reduce total costs and improve productivity, but these efforts were insufficient to offset the impact of lower sales. Profitability declined substantially, resulting in performance well below the previous fiscal year.」
The company implemented total cost reductions and productivity improvements, but could not offset the impact of lower sales, and profitability declined substantially. - FY2021-Q3Cost reductions and productivity improvements failed to offset the decline in earningsAnnual report
「The company worked to reduce total costs and improve productivity, but these efforts were insufficient to offset the impact of lower sales. Profitability declined substantially, resulting in performance well below the previous fiscal year.」
The company worked to reduce total costs and improve productivity, but could not offset the impact of lower sales, and profitability declined substantially. - FY2021-Q2Cost reductions and productivity improvements failed to offset the decline in earningsAnnual report
「The company worked to reduce total costs and improve productivity, but these efforts were insufficient to offset the impact of lower sales. Profitability declined substantially, resulting in performance well below the previous fiscal year.」
The company worked to reduce total costs and improve productivity, but could not offset the impact of lower sales, and profitability declined substantially. - FY2021-Q1Cost reductions and productivity improvements failed to offset the sharp decline in salesAnnual report
「The company continued working to reduce total costs and improve productivity, but these efforts could not offset the impact of the substantial decline in sales, resulting in performance below the year-earlier period.」
The company continued reducing total costs and improving productivity, but these efforts were insufficient to offset the impact of the substantial decline in sales on earnings. - FY2020AdvancedAnnual report
「Although the ratio of fixed costs increased as sales declined, efforts to improve operating efficiency and reduce expenses resulted in earnings exceeding the previous fiscal year's results. However, the company reported an operating loss.」
The company states that earnings exceeded the previous fiscal year's results as a result of operating efficiency improvements and expense reductions. However, the impact of the higher fixed-cost ratio resulting from lower sales remained, and the operating loss continued. - FY2020-Q3Cost reductions and productivity improvements failed to offset the decline in salesAnnual report
「The company continued working to reduce total costs and improve productivity, but operating income and ordinary income were below the year-earlier period because these efforts could not offset the impact of lower sales.」
The company continued reducing total costs and improving productivity, but these efforts were insufficient to offset the impact of lower sales on earnings. - FY2020-Q2AdvancedAnnual report
「However, earnings improved from the same period of the previous year and the company returned to profitability as a result of efforts to reduce total costs and improve productivity.」
The company reports that its total cost reduction and productivity improvement initiatives resulted in a shift from an operating loss in the year-earlier period to operating income. - FY2020-Q1AdvancedAnnual report
「As a result of efforts to reduce total costs and improve production, earnings improved from the same period of the previous year and the company returned to profitability.」
The company states that its total cost reduction and production improvement measures have begun to show results, including a shift from an operating loss in the year-earlier period to operating income. - FY2019Company-wide rollout of rationalization measuresAnnual report
「The company will make a concerted effort across the organization to improve its earnings structure through operational rationalization, not only in production but also in administrative and indirect functions.」
In addition to its existing manufacturing cost reduction efforts, the company has specified improving its earnings structure through company-wide operational rationalization, including in production and administrative and indirect functions. - FY2019-Q3AdvancedAnnual report
「Under these circumstances, the company worked to reduce expenses and improve production, and the effects of these efforts began to emerge from October onward.」
The company states that its expense reduction and production improvement initiatives began to show results from October onward. However, they were insufficient to offset higher fixed costs and lower sales, resulting in declines in both sales and earnings. - FY2019-Q2Cost reduction efforts failed to offset the increase in fixed costsAnnual report
「The company worked to reduce costs through expense cuts and production improvements, but these efforts were insufficient to offset the decline in earnings resulting from lower sales and the increase in fixed costs caused by the introduction of labor-saving equipment at the Kanto Plant and a large-scale thermal insulation testing apparatus at the Shiga Plant during the second half of the previous fiscal year.」
The company advanced cost reductions through expense cuts and production improvements, but these efforts were insufficient to offset the decline in sales and the increase in fixed costs from equipment installations. - FY2019-Q1AdvancedAnnual report
「Last autumn, the company invested approximately ¥300 million to introduce a labor-saving production line at its Kanto Plant that can produce with 60% of the previous workforce. Based on this experience, it will improve operating efficiency through further labor saving and work to reduce manufacturing costs.」
The company has demonstrated its track record of introducing labor-saving production lines and is moving on to further labor saving and manufacturing cost reductions based on that experience. - FY2018RestatedAnnual report
「The company will improve operating efficiency through further labor saving and work to reduce manufacturing costs.」
The company identifies reducing manufacturing costs through labor saving and operating efficiency improvements as a measure from the next fiscal year onward, in line with its existing cost-control policy. - FY2018-Q3RestatedAnnual report
「We will continue working to control total costs and strengthen earnings power.」
The company has reiterated its policy of using total cost control as a means of strengthening profitability. - FY2018-Q1RestatedAnnual report
「We will continue working to control total costs and strengthen earnings power.」
The company continues its policy of using total cost control as a means of strengthening profitability. - FY2017AdvancedAnnual report
「The main reasons for the increases in operating income, ordinary income, and net income were higher sales, the implementation of company-wide total cost control measures, and improvements in non-operating income and expenses, among other factors.」
The company states that company-wide total cost control measures were implemented and contributed to the increases in operating income, ordinary income, and net income. From the next fiscal year onward, it will continue reviewing purchased materials and reducing total costs. - FY2017-Q3RestatedAnnual report
「We will continue working to control total costs and strengthen earnings power.」
The company has reiterated its policy of using total cost control as a means of strengthening profitability. - FY2017-Q1RestatedAnnual report
「We will continue working to control total costs and strengthen earnings power.」
The company has reiterated controlling total costs as a means of strengthening recurring profitability. - FY2016First statedAnnual report
「The company will continue reviewing purchased materials and reducing total costs, including in administrative departments.」
The company identifies the review of purchased materials and company-wide control of total costs, including in administrative departments, as specific measures.