Cost reductions and sales price revisions in response to soaring raw material prices
First written in FY2022-Q3. 4 of 7 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2017: 2 of 7 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- FY2024-Q2AdvancedAnnual report
「On the product side, in response to rising raw material prices, we revised the selling prices of the machines themselves and various options, while pursuing initiatives to reduce costs and improve productivity.」
Selling price revisions for machines and options, which had been at the preparation stage through the previous quarter, moved into the implementation stage. Cost-reduction and productivity-improvement initiatives also continued. - FY2024-Q1RestatedAnnual report
「On the product side, in response to rising raw material prices, we pursued initiatives to reduce costs and improve productivity, while also preparing to revise the selling prices of the machines themselves and various options.」
In response to rising raw material prices, we continued initiatives to reduce costs and improve productivity, as well as preparations to revise selling prices for machines and options. - FY2023-Q3RestatedAnnual report
「As the impact of difficulties in procuring parts and higher material costs continued, we worked to maintain stable production through advance ordering and procurement of substitute products, while pursuing cost-reduction initiatives. In addition, we are revising the selling prices of the machines themselves and various options in response to rising raw material and other prices.」
We continued measures to address raw material and parts costs through advance ordering, procurement of substitute products, stable production, cost reductions and selling price revisions. - FY2023-Q2RestatedAnnual report
「As the impact of difficulties in procuring parts and higher material costs continued, we worked to maintain stable production through advance ordering and procurement of substitute products, while pursuing cost-reduction initiatives. In addition, we revised the selling prices of the machines themselves and various options in response to rising raw material and other prices.」
In response to difficulties in procuring parts and higher material costs, we continued advance ordering, procurement of substitute products, efforts to maintain stable production, cost reductions and selling price revisions. - FY2023-Q1RestatedAnnual report
「In production, as the effects of parts shortages and higher material costs continued, we worked to maintain stable production through advance ordering, procurement of substitute products and a review of our production structure, while pursuing cost-reduction initiatives.」
In response to parts shortages and higher material costs, we continued advance ordering, procurement of substitute products, production-structure reviews and cost-reduction initiatives. - FY2022AdvancedAnnual report
「In production, we strengthened information sharing with suppliers, made advance purchases, and used substitute products for parts at risk of shortages, in an effort to maintain stable production. In response to rising raw material prices, we pursued cost-reduction initiatives and revised the selling prices of the machines themselves and various options.」
The response to shortages of raw materials and parts was specified as information sharing with suppliers, advance purchasing and the use of substitute products. In addition to cost reductions, selling prices for machines and options were revised. - FY2022-Q3First statedAnnual report
「In response to rising raw material prices, we pursued cost-reduction initiatives and revised the selling prices of the machines themselves and various options.」
In response to rising raw material prices, the company first described cost-reduction initiatives and selling price revisions for machines and options as separate measures.