Profit Improvement in Product Division-Related Businesses Through Cost-Reduction Activities
First written in FY2017-Q3. 14 of 25 entries say "Restated". Latest entry: 2026-08-06.
The whole theme swung hardest in 2022: 2 of 23 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「The company continues sales activities, including passing higher costs, including increased labor costs, on to selling prices, as well as thorough cost-reduction initiatives.」
The company continues to pass higher costs, including increased labor costs, on to prices and pursue thorough cost-reduction initiatives as measures to improve profitability. - FY2025-H1RestatedAnnual report
「To improve profitability, the company continues to conduct aggressive sales activities, including expanding orders and passing higher costs on to selling prices, while also pursuing thorough cost-reduction initiatives.」
The company continues to pursue order growth, pass higher costs on to prices and implement thorough cost-reduction initiatives as measures to improve profitability. - FY2024AdvancedAnnual report
「Net sales were ¥20,241 million, down 1.3% year on year, but operating profit was ¥1,448 million, up 7.1%, as the benefits of the cost-reduction initiatives pursued to date began to emerge.」
In the IH-related business, the benefits of cost-reduction initiatives emerged as a 7.1% year-on-year increase in operating profit. - FY2024-Q3RestatedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19.」
The company continued securing orders and further advancing the cost-reduction measures developed during the spread of COVID-19. - FY2024-Q2RestatedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19.」
The company continued securing orders and further advancing cost-reduction measures. - FY2024-Q1RestatedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19. As a result, net sales for the cumulative first quarter were ¥13,962 million, up 0.3% year on year. Due mainly to changes in the sales mix, sluggish order growth in China and higher costs such as electricity costs, operating profit was ¥270 million, down 60.3%.」
The company continued securing orders and advancing cost-reduction measures, but operating profit declined 60.3% year on year due to sluggish order growth in China and higher costs, including electricity costs. - FY2023RestatedAnnual report
「Operating profit was ¥2,396 million, down 35.3% year on year, as the impact of surging material and electricity costs was significant. Although the company revised selling prices and worked to reduce costs, it was unable to cover the increase in costs.」
The company explained that, although it continued revising selling prices and reducing costs, it was unable to absorb higher costs, including material and electricity costs. - FY2023-Q3RestatedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19.」
The company continued securing orders and further advancing the cost-reduction measures developed during the spread of COVID-19. However, operating profit fell below the same period of the previous year due to higher costs, including material and electricity costs. - FY2023-Q2RestatedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19.」
The company continued securing orders and further advancing the cost-reduction measures developed during the spread of COVID-19. However, company-wide operating profit fell below the same period of the previous year due to higher costs. - FY2023-Q1RestatedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19. As a result, net sales for the cumulative first quarter were ¥13,922 million, up 17.9% year on year, while operating profit was ¥682 million, down 25.3%.」
The company continued securing orders and further advancing the cost-reduction measures developed during the spread of COVID-19. However, company-wide operating profit declined year on year due to higher costs, including material and electricity costs. - FY2022AdvancedAnnual report
「Under these circumstances, the Group will devote every effort to securing orders, passing higher costs such as material costs on to selling prices, and further advancing cost-reduction measures.」
The company has identified securing orders, passing higher costs on to prices and reducing costs as priorities, and profit improvement has emerged over the full year as a recovery in operating profit to ¥3,704 million. - FY2022-Q3AdvancedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19. As a result, net sales for the cumulative third quarter were ¥37,946 million, up 27.5% year on year, and operating profit was ¥2,605 million, compared with an operating loss of ¥140 million in the same period of the previous year.」
The company further advanced measures to secure orders and reduce costs, improving cumulative third-quarter operating performance from an operating loss of ¥140 million to operating profit of ¥2,605 million. - FY2022-Q2AdvancedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19. As a result, net sales for the cumulative second quarter were ¥24,390 million, up 32.8% year on year; operating profit was ¥1,829 million, compared with an operating loss of ¥697 million in the same period of the previous year; ordinary profit was ¥2,146 million, compared with an ordinary loss of ¥447 million; and quarterly net income attributable to owners of the parent was ¥1,357 million, compared with a quarterly net loss attributable to owners of the parent of ¥653 million.」
The company further advanced measures to secure orders and reduce costs, turning an operating loss of ¥697 million in the same period of the previous year into operating profit of ¥1,829 million. - FY2022-Q1AdvancedAnnual report
「The company also devoted every effort to securing orders and further advanced the cost-reduction measures developed during the spread of COVID-19. As a result, net sales for the cumulative first quarter were ¥11,811 million, up 41.7% year on year; operating profit was ¥912 million, compared with an operating loss of ¥818 million in the same period of the previous year; ordinary profit was ¥1,072 million, compared with an ordinary loss of ¥652 million; and quarterly net income attributable to owners of the parent was ¥667 million, compared with a quarterly net loss attributable to owners of the parent of ¥685 million.」
The company further advanced measures to secure orders and reduce costs, turning an operating loss of ¥818 million in the same period of the previous year into operating profit of ¥912 million. Cost-reduction initiatives and the recovery in orders have translated into concrete improvements in profit. - FY2021AdvancedAnnual report
「As a result of the recovery in the Chinese market and efforts to advance cost-reduction initiatives, net sales were ¥24,537 million, down 7.5% year on year, while operating profit was ¥685 million, up 27.8%.」
Although the Product Division-related business continued to be affected by lower revenue, the recovery in the Chinese market and cost-reduction initiatives resulted in operating profit of ¥685 million, up 27.8% year on year. - FY2021-Q3RestatedAnnual report
「Although the company worked to reduce costs, the impact of lower revenue was significant, resulting in an operating loss of ¥140 million, compared with operating profit of ¥1,433 million in the same period of the previous year.」
Cost-reduction initiatives continued, but the impact of lower revenue was significant on a cumulative basis, resulting in an operating loss of ¥140 million. - FY2021-Q2RestatedAnnual report
「Net sales were ¥18,367 million, down 26.3% year on year. Although the company worked to reduce costs, the impact of lower revenue was significant. Operating loss was ¥697 million, compared with operating profit of ¥1,054 million in the same period of the previous year; ordinary loss was ¥447 million, compared with ordinary profit of ¥1,155 million; and quarterly net loss attributable to owners of the parent was ¥653 million, compared with quarterly net income attributable to owners of the parent of ¥571 million.」
Although cost-reduction initiatives continued, the impact of lower revenue was significant, and operating profit, ordinary profit and profit attributable to owners of the parent all turned into losses. - FY2021-Q1Cost reductions failed to offset the impact of lower revenue.Annual report
「Although the company has been working to reduce costs, the impact of lower revenue was significant. Operating loss was ¥818 million, compared with operating profit of ¥653 million in the same period of the previous year; ordinary loss was ¥652 million, compared with ordinary profit of ¥734 million; and quarterly net loss attributable to owners of the parent was ¥685 million, compared with quarterly net income attributable to owners of the parent of ¥342 million.」
Cost-reduction initiatives continued, but the impact of lower revenue was significant, and the company was unable to improve operating profit and other profit figures, resulting in losses at each profit level. - FY2020-Q3RestatedAnnual report
「Although the company has been working to reduce costs, this has not been enough to offset the impact of lower revenue. Operating profit was ¥1,030 million, down 24.9% year on year.」
The company states that it has continued cost-reduction initiatives in the IH-related business, but these have not been sufficient to offset the impact of lower revenue. - FY2017AdvancedAnnual report
「Operating profit increased by ¥857 million from the previous consolidated fiscal year to ¥3,003 million. This was due mainly to the Group’s concerted efforts to reduce costs and the recovery in orders from the construction equipment industry in Japan and overseas.」
The company cites cost-reduction initiatives and the recovery in construction equipment orders as factors behind the ¥857 million increase in operating profit. - FY2017-Q3First statedAnnual report
「Due to lower selling prices and foreign exchange fluctuations, revenue was ¥14,447 million, down 10.1% year on year. Operating profit was ¥1,051 million, up 26.5% year on year, due to cost reduction initiatives and other factors.」
The disclosure identifies cost reduction initiatives as a factor behind profit improvement, offsetting the decline in revenue caused by lower selling prices and foreign exchange fluctuations.