Profitability across all businesses
First written in FY2022-Q2. 6 of 13 entries say "Worsened", first in FY2026-H1. Latest entry: 2026-11-12.
Tokyo Rope Mfg. moved to the "Worse" side of this theme in 2026.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Due to the impact of declining sales prices for tire steel cord, segment net sales were ¥4,750 million, down 13.9% from the previous fiscal year. On the earnings front, the company focused on reducing costs through operational improvements but was unable to offset the impact of lower revenue, resulting in an operating loss of ¥606 million, compared with operating income of ¥1 million in the previous fiscal year.」
After all 5 segments were operating-profit positive in the previous fiscal year, the steel cord-related business recorded an operating loss of ¥606 million, marking a retreat from profitability across all businesses. - FY2026-H1WorsenedAnnual report
「Due to lower sales volume of tire steel cord following the entry of certain overseas products, segment net sales were ¥2,403 million, down 17.5% year on year. On the earnings front, although efforts were made to reduce costs through operational improvements, the impact of lower revenue was significant, resulting in an operating loss of ¥301 million, compared with an operating loss of ¥39 million in the same period of the previous year.」
After all 5 segments were operating-profit positive in the previous fiscal year, the steel cord-related business recorded an operating loss of ¥301 million in the current interim consolidated accounting period, marking a retreat from profitability across all businesses. - FY2025AdvancedAnnual report
「Steel cord-related 5,513 1 Operating profit of ¥1 million (loss of ¥242 million in the previous consolidated fiscal year)」
The steel cord-related business moved from an operating loss to operating profit, and all 5 segments—wire rope and steel wire, steel cord, development products, industrial machinery, and energy real estate—were operating-profit positive. - FY2025-H1AdvancedAnnual report
「In terms of profit, despite the negative impact of lower revenue, efforts to reduce costs through operating improvements resulted in an operating loss of ¥39 million (operating loss of ¥233 million in the same period of the previous year), substantially narrowing the loss.」
Although the policy is to achieve profitability across all businesses, the steel cord-related business still recorded an operating loss of ¥39 million, but the loss narrowed by ¥194 million from the same period of the previous year. - FY2024ReframedAnnual report
「Under the new medium-term management plan TCTRX, the basic policies are to “① strengthen the allocation of management resources to priority growth businesses,” “② strengthen the competitiveness of existing businesses,” and “③ build a company that is attractive to all stakeholders,”」
Under the new medium-term management plan TCTRX, the plan's focus shifted from the previous wording of “achieving profitability across all businesses through the selective and focused allocation of management resources” to increased investment in priority growth businesses and strengthening the competitiveness of existing businesses. - FY2024-Q3AdvancedAnnual report
「Despite lower sales volume, operating loss narrowed substantially to ¥296 million (operating loss of ¥795 million in the same period of the previous year) as a result of efforts to improve margins through price pass-through in response to higher electricity and other material costs, improve the sales mix, and reduce costs by reviewing the operating structure in line with production scale.」
Although the policy of achieving profitability across all businesses continues, the steel cord-related business still recorded an operating loss of ¥296 million. However, price pass-through, a review of the operating structure and cost reductions substantially narrowed the loss from the same period of the previous year. - FY2023Some businesses remain loss-making under the policy of achieving profitability across all businessesAnnual report
「Steel cord-related 9,341 8.6 Operating loss of ¥849 million (loss of ¥827 million in the previous consolidated fiscal year)」
Although the policy of achieving profitability across all businesses under TRX135 continues, the steel cord-related business recorded an operating loss of ¥849 million in the current consolidated fiscal year. - FY2022-Q3RestatedAnnual report
「The Group formulated a new medium-term management plan to guide business operations from the fiscal year ending March 2022 through the fiscal year ending March 2024. Positioning this plan as a period for laying the foundation for the Group's sustainable growth, the Group is pursuing various initiatives based on ① rebuilding earnings power, ② returning all businesses to profitability through selective and focused investment of management resources, ③ building a foundation for the next phase of growth, ④ rebuilding and actively using internal controls to drive cultural reform, and ⑤ strengthening the financial foundation.」
The new medium-term management plan for the fiscal years ending March 2022 through March 2024 reiterated achieving profitability across all businesses as one of its basic policies. - FY2022-Q2First statedAnnual report
「We formulated a new medium-term management plan to guide business operations from the fiscal year ending March 2022 through the fiscal year ending March 2024. The plan positions this period as one for laying the foundation for the sustainable growth of the Group, with the following basic policies: ① rebuilding earnings power, ② achieving profitability across all businesses through the selective and focused allocation of management resources, ③ building a foundation for the next phase of growth, ④ rebuilding and actively utilizing internal controls to drive cultural reform, and ⑤ strengthening the financial base. We will implement various initiatives accordingly.」
The new medium-term management plan for the fiscal years ending March 2022 through March 2024 explicitly identified achieving profitability across all businesses through the selective and focused allocation of management resources as one of its basic policies for the first time.