Higher cost of sales and deteriorating profitability due to lower factory utilization
First written in FY2018-Q1. 13 of 16 entries say "Mitigated", first in FY2019-Q1. Latest entry: FY2026.
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- FY2026MitigatedAnnual report
「The cost of sales ratio improved by 3.7 percentage points from the same period a year earlier to 62.1%.」
Improvement in the cost ratio further eased the impact of higher costs and weaker earnings through lower plant utilisation in the most recent results. - FY2026-H1MitigatedAnnual report
「The cost of sales ratio improved 1.7 percentage points year on year to 65.2%.」
The cost-of-sales ratio improved by 1.7 percentage points year on year, and the impact of higher costs and weaker earnings through lower plant utilisation has eased in the most recent results. - FY2025MitigatedAnnual report
「The cost of sales ratio improved by 1.8 percentage points from the same period of the previous year to 65.8%.」
The cost ratio improved against a backdrop of demand recovery and higher production efficiency, easing the impact of earnings deterioration through lower plant utilisation. - FY2025-H1MitigatedAnnual report
「The cost of sales ratio improved 1.3 percentage points year on year to 66.9%.」
The cost-of-sales ratio improved, easing from the previous period the impact of higher costs and weaker earnings through lower plant utilisation. - FY2024-Q1MitigatedAnnual report
「The cost of sales ratio improved by 1.5 percentage points to 67.6%.」
The cost-of-sales ratio improved, easing from the previous period the impact of higher costs and weaker earnings through lower plant utilisation. - FY2023MitigatedAnnual report
「The cost-of-sales ratio improved by 4.2 percentage points from the same period of the previous year to 66.8%.」
Demand recovery and higher production efficiency have eased the impact of higher costs and weaker earnings through lower plant utilisation. - FY2023-Q3MitigatedAnnual report
「The cost of sales ratio improved 6.3 percentage points year on year to 66.6%.」
The cost-of-sales ratio improved, and higher production efficiency against a backdrop of demand recovery and other factors has eased the impact of earnings deterioration through lower plant utilisation. - FY2023-Q2MitigatedAnnual report
「The cost of sales ratio improved 8.2 percentage points year on year to 65.8%.」
The cost-of-sales ratio improved against a backdrop of demand recovery and other factors, easing the impact of earnings deterioration through lower plant utilisation from the previous period. - FY2023-Q1MitigatedAnnual report
「The cost of sales ratio improved by 7.1 percentage points to 69.1%.」
The impact of earnings deterioration through lower plant utilisation has eased from the previous period as production efficiency and the cost ratio improved against a backdrop of demand recovery and other factors. - FY2022MitigatedAnnual report
「Profit growth overall resulted from factors including higher production efficiency and an improved cost ratio as demand recovered, particularly overseas, and foreign-exchange gains recognised as the yen weakened.」
The impact of earnings deterioration through lower plant utilisation has eased from the previous period as demand recovery improved production efficiency and the cost ratio. - FY2019MaterialisedAnnual report
「The increase in temporary expenses associated with the completion of the new plant, disruption to production activities and the proactive disposal of products held in inventory were also factors behind the decline in profit.」
The disclosure states that disruption to production activities and temporary expenses actually arose in connection with the start-up of the new plant, affecting the deterioration in the cost-of-sales ratio and the decline in profit. - FY2019-Q3MitigatedAnnual report
「The cost-of-sales ratio improved by 2.4 percentage points from the same period of the previous year to 65.8%, mainly due to growth in sales and production volumes.」
In response to the cost-increase risk that emerged in the previous period due to lower plant utilisation, the cost-of-sales ratio improved by 2.4 percentage points as sales and production volumes grew. - FY2019-Q2MitigatedAnnual report
「The cost-of-sales ratio improved by 5.6 percentage points from the same period of the previous year to 65.2%, mainly due to growth in sales and production volumes.」
In response to the cost-increase risk that emerged in the previous period due to lower plant utilisation, the cost-of-sales ratio improved by 5.6 percentage points as sales and production volumes grew. - FY2019-Q1MitigatedAnnual report
「The cost-of-sales ratio improved by 8.2 percentage points from the same period of the previous year to 63.6%, mainly due to growth in sales and production volumes.」
In contrast to the cost increase that emerged in the previous period due to lower plant utilisation, the cost-of-sales ratio improved by 8.2 percentage points as sales and production volumes grew. - FY2018-Q2MaterialisedAnnual report
「In terms of earnings, lower plant utilisation increased the cost of sales. Consolidated operating profit was ¥71 million, down 62.0% year on year; ordinary profit was ¥133 million, down 4.0%; and profit attributable to owners of the parent for the quarter was ¥75 million, up 2.8%.」
The disclosure records, with supporting figures, that lower plant utilisation led to a 62.0% year-on-year decline in operating profit through higher cost of sales. - FY2018-Q1MaterialisedAnnual report
「In terms of earnings, lower plant utilisation increased the cost of sales. Consolidated operating profit was ¥-32 million, down 114.4% year on year; ordinary profit was ¥6 million, down 96.5%; and profit attributable to owners of the parent for the quarter was ¥-5 million, down 104.6%.」
The disclosure for the first time records, with supporting figures, that lower plant utilisation led to an operating loss and a net loss through higher cost of sales.