Flexible Production Systems and Cost Reduction in Response to Order Fluctuations

「Although we promoted profitability improvement activities across the Group, we were unable to fully absorb the impact of rising raw material and component prices, labor costs, logistics costs and other cost increases, and operating profit declined 22.7% year on year to ¥475 million.」

「On the profit side, although we worked to reduce variable and fixed costs through further rationalization and structural reforms, operating profit was ¥1,470 million, compared with ¥2,382 million in the same period of the previous year, a decrease of 38.3%, due to the decline in contribution margin resulting from reduced production by major customers and the impact of higher costs, particularly direct material costs, as well as labor costs and other expenses.」

「Although we actively pursued global sales expansion, revenue was ¥27,530 million, down 6.1% year on year, due to the impact of reduced production by major Japanese automaker customers. On the profit side, although the entire Group worked together to pursue profit improvement activities, operating profit was ¥1,294 million, down 20.0% year on year, due mainly to the decline in contribution margin resulting from reduced production by major Japanese automaker customers and other factors.」

「On the profit side, although we promoted further rationalization, operating profit was ¥3,095 million, a decrease of ¥2,789 million, or 47.4%, year on year, due to the decline in contribution margin resulting from reduced production by major Japanese automaker customers and rising labor costs and other factors.」

「On the profit side, although we promoted further rationalization, operating profit was ¥1,271 million, down 32.4% year on year, ordinary profit was ¥1,807 million, down 23.2%, and interim net profit was ¥1,225 million, down 38.1%, due to the decline in contribution margin resulting from lower revenue at automakers and rising labor costs and other factors.」

「On the profit side, despite the impact of soaring raw material, logistics, and energy costs, the increase in contribution margin from higher revenue and progress in further rationalization activities and other measures resulted in operating profit of ¥5,885 million, an increase of ¥1,085 million, or 22.6%, year on year.」

「On the profit side, in addition to the increase in contribution margin from higher revenue, further rationalization and other measures resulted in operating profit of ¥3,674 million, up 14.8% year on year, ordinary profit of ¥4,856 million, up 23.3%, and profit attributable to owners of the parent of ¥3,903 million, up 36.1%.」

「On the profit side, in addition to the increase in contribution margin from higher revenue, further rationalization and other measures resulted in operating profit of ¥1,881 million, up 13.9% year on year, ordinary profit of ¥2,354 million, up 14.1%, and profit attributable to owners of the parent of ¥1,980 million, up 37.6%.」

「On the profit side, although we promoted further rationalization, operating profit was ¥901 million, down 27.1% year on year, ordinary profit was ¥1,089 million, down 23.5%, and profit attributable to owners of the parent was ¥999 million, down 6.0%, due mainly to soaring raw material and energy costs.」

「On the profit side, although the entire Group worked together to implement further rationalization, consolidated operating profit was ¥3,949 million, compared with ¥5,216 million in the same period of the previous year, a decrease of 24.3%, amid difficult conditions including ongoing supply issues and price increases for raw materials, higher transportation costs accompanying economic recovery, and soaring energy prices.」

「On the profit side, although we promoted further rationalization, operating profit was ¥3,201 million, down 21.9% year on year, ordinary profit was ¥3,938 million, down 18.4%, and profit attributable to owners of the parent was ¥2,868 million, down 21.0%, due mainly to soaring raw material, logistics, and energy prices.」

「On the profit side, although we promoted further rationalization, operating profit was ¥1,651 million, down 44.9% year on year, ordinary profit was ¥2,062 million, down 41.4%, and profit attributable to owners of the parent was ¥1,439 million, down 43.0%, due to the decline in contribution margin from lower revenue and soaring raw material, logistics, and energy costs.」

「On the profit side, although we promoted further rationalization, operating profit was ¥1,236 million, down 22.3% year on year, ordinary profit was ¥1,423 million, down 28.4%, and profit attributable to owners of the parent was ¥1,063 million, down 30.6%, due to the decline in contribution margin from lower revenue and soaring raw material, logistics, and energy costs.」

「As a result of actively pursuing global sales expansion, including in the United States, emerging markets, and non-Japanese customers, revenue increased by ¥4,731 million, or 10.3%, year on year to ¥50,608 million. On the profit side, in addition to the increase in contribution margin from higher revenue, we promoted measures to reduce material prices and transportation costs and further rationalization activities, resulting in operating profit of ¥5,780 million, an increase of ¥1,239 million, or 27.3%, year on year.」

「On the profit side, in addition to the increase in contribution margin from higher revenue, we promoted further rationalization, resulting in operating profit of ¥4,097 million, up 132.3% year on year, ordinary profit of ¥4,827 million, up 49.1%, and profit attributable to owners of the parent of ¥3,633 million, up 56.0%.」

「On the profit side, in addition to the increase in contribution margin from higher revenue, we promoted further rationalization, resulting in operating profit of ¥2,996 million, compared with a ¥3 million loss in the previous fiscal year, ordinary profit of ¥3,521 million, up 403.0% year on year, and profit attributable to owners of the parent of ¥2,525 million, up 422.4%.」

「On the profit side, in addition to the increase in contribution margin from higher revenue, we promoted further rationalization, resulting in operating profit of ¥1,592 million, up 437.3% year on year, ordinary profit of ¥1,987 million, up 223.7%, and profit attributable to owners of the parent of ¥1,531 million, up 225.0%.」

「On the profit side, although the Group recorded a consolidated operating loss in the first half, the increase in contribution margin from the recovery in sales in the second half, together with total cost reductions of ¥2.4 billion implemented across the Group, resulted in a 29.3% year-on-year increase in profit in the second half.」

「On the profit side, although we promoted further rationalization, operating profit was ¥1,764 million, down 67.4% year on year, ordinary profit was ¥3,238 million, down 47.1%, and profit attributable to owners of the parent was ¥2,329 million, down 51.5%, due mainly to the decline in contribution margin from lower revenue and other factors.」

「On the profit side, although we promoted further rationalization, operating profit was a ¥3 million loss, compared with profit of ¥3,644 million in the same period of the previous year, while ordinary profit was ¥700 million, down 82.5% year on year, and profit attributable to owners of the parent was ¥483 million, down 84.5%, due mainly to the decline in contribution margin from lower revenue and other factors.」

「On the profit side, although we promoted further rationalization, operating profit was ¥296 million, down 82.8% year on year, ordinary profit was ¥613 million, down 68.5%, and profit attributable to owners of the parent was ¥471 million, down 69.5%, due mainly to the decline in contribution margin from lower revenue and other factors.」

「To concentrate management resources on the manufacturer's core principle of producing good products at low cost, we will flexibly review our production structure in response to fluctuations in orders and work to strengthen our earnings base through thorough cost reductions.」

「On the profit side, although we promoted further rationalization, operating profit was ¥5,409 million, down 30.1% year on year, ordinary profit was ¥6,122 million, down 28.6%, and profit attributable to owners of the parent was ¥4,798 million, down 26.0%, due mainly to the decline in contribution margin from lower revenue and the continuing expense burden from soaring labor and material costs and other factors.」

「On the profit side, although we promoted further rationalization, operating profit was ¥3,644 million, down 31.0% year on year, ordinary profit was ¥3,992 million, down 31.2%, and profit attributable to owners of the parent was ¥3,129 million, down 27.8%, due mainly to the decline in contribution margin from lower revenue and the increased expense burden resulting from soaring material costs and other factors.」

「On the profit side, although we promoted further rationalization, operating profit was ¥1,721 million, down 33.8% year on year, ordinary profit was ¥1,947 million, down 31.2%, and profit attributable to owners of the parent was ¥1,545 million, down 29.3%, due mainly to the decline in contribution margin from lower revenue and the increased expense burden resulting from soaring material and labor costs.」

「Regarding material costs, we will strengthen relationships with material suppliers to address price increases for both metal and resin materials and secure stable supplies, while pursuing further cost reductions. Regarding labor costs, labor costs are rising across the Group and securing personnel is becoming more difficult. We will work to contain labor costs through the automation of equipment and more efficient operations, while increasing productivity with fewer employees.」

「On the profit side, although we promoted further rationalization, operating profit was ¥7,734 million, down 3.4% year on year, ordinary profit was ¥8,572 million, down 1.9%, and profit attributable to owners of the parent was ¥6,487 million, up 2.2%, due mainly to the increased expense burden resulting from soaring material and labor costs.」

「On the profit side, in addition to the effect of higher revenue, we promoted further rationalization, resulting in operating profit of ¥5,281 million, up 2.1% year on year, ordinary profit of ¥5,799 million, up 4.7%, and profit attributable to owners of the parent of ¥4,333 million, up 8.3%.」

「On the earnings front, although further rationalization measures were implemented, increased expenses due in part to higher material and labor costs resulted in operating profit of ¥2,598 million, down 1.0% from the previous period, ordinary profit of ¥2,829 million, up 0.9%, and profit attributable to owners of the parent for the quarter of ¥2,186 million, up 5.1%.」

「On the earnings front, further rationalization measures resulted in operating profit of ¥8,005 million, up 3.9% from the previous period, ordinary profit of ¥8,736 million, up 4.5%, and profit attributable to owners of the parent for the quarter of ¥6,345 million, up 4.9%.」

「On the earnings front, in addition to the effect of higher revenue, further rationalization measures resulted in operating profit of ¥5,170 million, up 5.5% from the previous period, ordinary profit of ¥5,538 million, up 4.3%, and profit attributable to owners of the parent for the quarter of ¥4,003 million, up 5.3%.」

「On the earnings front, in addition to the effect of higher revenue, further rationalization measures resulted in operating profit of ¥2,625 million, up 6.8% from the previous period, ordinary profit of ¥2,805 million, up 4.8%, and profit attributable to owners of the parent for the quarter of ¥2,080 million, up 8.0%.」

「On the earnings front, to offset the impact of the stronger yen, further rationalization measures and other initiatives resulted in operating profit of ¥10,384 million, an increase of ¥1,232 million, or 13.5%, from the previous period; ordinary profit of ¥11,429 million, an increase of ¥1,365 million, or 13.6%; and profit attributable to owners of the parent for the fiscal year of ¥8,003 million, an increase of ¥978 million, or 13.9%.」

「On the earnings front, further rationalization measures resulted in operating profit of ¥7,702 million, up 10.7% from the previous period, ordinary profit of ¥8,357 million, up 8.2%, and profit attributable to owners of the parent for the quarter of ¥6,049 million, up 10.1%.」

「On the earnings front, in addition to the effect of higher revenue, further rationalization measures resulted in operating profit of ¥4,898 million, up 11.3% from the previous period, ordinary profit of ¥5,310 million, up 9.7%, and profit attributable to owners of the parent for the quarter of ¥3,800 million, up 10.3%.」

「On the earnings front, in addition to the effect of higher revenue, further rationalization measures resulted in operating profit of ¥2,458 million, up 19.0% from the previous period, ordinary profit of ¥2,677 million, up 16.9%, and profit attributable to owners of the parent for the quarter of ¥1,926 million, up 20.6%.」

「To concentrate management resources on the manufacturer's core principle of producing good products at low cost, we will flexibly review our production structure in response to fluctuations in orders and work to strengthen our earnings base through thorough cost reductions.」