Higher cost ratio due to lower utilization of domestic plants

「On the earnings side, although raw material prices and procurement prices from partner plants increased, along with selling, general and administrative expenses, including personnel expenses, these increases were offset by higher sales in Japan and an improved cost ratio accompanying higher utilization. As a result, operating profit was ¥1,400 million, up 41.6% year on year.」

「In Japan, revenue fell below the previous year due to the ongoing rebuilding of the sales structure following the management rationalization in October 2023 and the effects of sluggish personal consumption caused by higher prices.」

「In Japan, revenue fell below the same period of the previous year because the effects continued of more employees than anticipated leaving after the management rationalization in October 2023 who were not eligible for early voluntary retirement, while rebuilding the operating framework, including recruitment and training, still requires more time, and sluggish personal consumption due to higher prices also continued.」

「Domestic sales were ¥5,744 million, down 11.6% year on year, while operating profit was ¥692 million, up 32.7% year on year, due in part to the effects of management streamlining implemented in fiscal 2023.」

「On the earnings side, operating profit was ¥1,240 million, down 49.1% from the previous fiscal year, due to deterioration in plant operations resulting from lower sales in China and Japan, as well as higher energy costs.」

「In terms of profit, operating profit was ¥934 million, down 55.2% year on year, due to deterioration in plant utilization resulting from lower revenue in China and Japan, higher energy costs and other factors.」

「On the earnings side, operating profit was ¥521 million, down 66.0% year on year, due to deterioration in plant operations resulting from lower sales in China and Japan and higher energy costs.」

「On the earnings side, operating profit was ¥98 million, down 86.0% year on year, due to lower sales and deterioration in plant operations resulting from worsening market conditions in China and Japan, as well as higher energy costs.」

「The effect of higher revenue, an improved cost ratio resulting from better plant utilization, and lower depreciation due to impairment losses recognized in previous fiscal years also contributed, and operating profit was ¥3,041 million, up 88.5% from the previous fiscal year.」

「On the earnings side, although selling, general and administrative expenses increased in line with higher sales, the effect of higher revenue, an improved cost ratio resulting from better plant utilization, and lower depreciation due to impairment losses recognized in previous fiscal years also contributed. As a result, operating profit was ¥2,570 million, up 175.5% year on year, ordinary profit was ¥2,543 million, up 153.0%, and quarterly net profit attributable to owners of the parent was ¥1,778 million, compared with a quarterly net loss attributable to owners of the parent of ¥80 million in the same period of the previous year.」

「In terms of profit, selling, general and administrative expenses rose in line with the increase in revenue, but the effect of higher revenue, an improved cost ratio resulting from better plant utilization, and lower depreciation following impairment losses recognized in prior years contributed to operating profit of ¥796 million, compared with ¥24 million in the same period of the previous year, ordinary profit of ¥761 million, compared with ¥6 million, and net income attributable to owners of the parent of ¥526 million, compared with a net loss attributable to owners of the parent of ¥76 million.」

「Due to a higher cost ratio resulting from the deterioration in overall plant operating conditions accompanying lower orders, operating profit was ¥241 million, down 88.9% year on year, and ordinary profit was ¥184 million, down 91.4%.」

「In terms of profits, the group as a whole worked to reduce expenses, and selling, general and administrative expenses declined from the same period of the previous year. However, due to a higher cost ratio resulting from an overall deterioration in plant operating conditions accompanying lower orders, operating profit was ¥80 million, down 94.2% year on year, and ordinary profit was ¥2 million, down 99.8%. The company posted a quarterly net loss attributable to owners of the parent of ¥121 million, compared with net income attributable to owners of the parent of ¥1,005 million in the same quarter of the previous year.」

「Due to a higher cost ratio resulting from the overall deterioration in plant operating conditions accompanying lower orders, operating loss was ¥29 million, compared with operating profit of ¥714 million in the same quarter of the previous year; ordinary loss was ¥90 million, compared with ordinary profit of ¥682 million; and quarterly net loss attributable to owners of the parent was ¥126 million, compared with quarterly net profit attributable to owners of the parent of ¥511 million.」

「Due to a higher cost ratio resulting from the overall deterioration in plant operating conditions accompanying lower orders, increased depreciation and other expenses resulting from research and development investment, and a higher burden from upfront investment in plants, operating profit was ¥2,578 million, down 9.3% from the previous fiscal year, and ordinary profit was ¥2,547 million, down 6.8%.」

「In terms of profit, although the cost ratio improved, selling, general and administrative expenses increased due to depreciation of capital investment and R&D investment associated with the expansion of the digital engineering business, while the cost ratio was also pushed up by the increased burden of upfront investment in plants and other factors. Operating profit was ¥2,181 million, down 2.0% year on year, and ordinary profit was ¥2,158 million, down 1.1%. Profit for the quarter attributable to owners of the parent was ¥1,583 million, up 15.9%, due mainly to a decrease in losses on the disposal and sale of fixed assets.」

「In terms of profit, although SG&A expenses increased due to depreciation and amortization on capital expenditure and R&D investment associated with the expansion of the digital engineering business, operating profit increased with higher sales and an improved cost of sales ratio resulting from higher factory utilization, reaching ¥714 million, up 2.0% year on year.」

「In terms of profits, although selling, general and administrative expenses increased due to research and development investment and investment in employee training accompanying the launch of Punch Academy, operating profit increased on higher sales and an improved cost ratio resulting from higher plant utilization. Operating profit was ¥701 million, up 111.7% year on year; ordinary profit was ¥711 million, up 115.4%; and net income attributable to owners of the parent was ¥422 million, up 103.5%.」

「On the earnings side, although higher sales contributed to an increase in profit, the operating profit was ¥331 million, down 30.7% year on year, ordinary profit was ¥330 million, down 24.7%, and net profit attributable to owners of the parent was ¥207 million, down 38.1%, due to a higher cost ratio resulting from lower utilization of plants in Japan and higher selling, general and administrative expenses, including research and development investment.」