Improving Profitability Through Sales Price Revisions
First written in FY2023-Q2. 5 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 5 of 36 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual reportThe current year's explanation of operating performance contains no explicit reference to the revision of selling prices, which had repeatedly been cited through the previous fiscal year as a factor improving operating income.
- FY2024RestatedAnnual report
「In terms of earnings, although revised selling prices and other factors made a contribution, operating profit, ordinary profit and net income attributable to owners of the parent declined due to temporarily sluggish sales following production adjustments implemented in the first half, a higher cost-of-sales ratio resulting from persistently high raw material prices and energy costs, and increases in selling, general and administrative expenses and other factors.」
Although the revision of selling prices continues to be cited as a positive factor for profit, profit for the current year declined due to higher raw material and energy costs, production adjustments, and increases in selling, general and administrative expenses. - FY2024-Q3RestatedAnnual report
「In terms of earnings, although revised selling prices and other factors made a positive contribution, operating profit was ¥571.179 million, down 9.5% year on year, due to persistently high raw material prices, increases in selling, general and administrative expenses and other factors.」
Although the revision of selling prices continues to be cited as a positive contributor to operating income, operating income declined due to elevated raw material prices and higher selling, general and administrative expenses, among other factors. - FY2024-Q2RestatedAnnual report
「Although profitability improved due to the revision of selling prices, operating income was ¥288.131 million, down 5.8% year on year, mainly because sales growth stalled after production was adjusted due to a temporary shortage of labor hours at domestic plants, in addition to the impact of higher selling, general and administrative expenses.」
Although the revision of selling prices continues to be cited as a factor improving profitability, operating income fell 5.8% year on year due to a temporary shortage of labor hours at domestic plants and higher selling, general and administrative expenses. - FY2024-Q1RestatedAnnual report
「Although operating profit was affected by persistently high raw-material prices, it rose to ¥234.569 million, up 57.4% year on year, owing to higher revenue, revised selling prices and improved profitability resulting from increased sales of our specialty customized products, among other factors.」
The revision of selling prices continues to be cited as a factor improving profitability and contributed to higher operating income. - FY2023AdvancedAnnual report
「In terms of profit, operating income was ¥823.244 million, up 24.3% year on year, as the increase in net sales and the effects of efforts to revise selling prices more than offset factors reducing profit, including elevated raw material prices and higher personnel expenses.」
The effects of efforts to revise selling prices contributed to higher full-year operating income, which increased 24.3% year on year. - FY2023-Q3RestatedAnnual report
「As the revision of selling prices also contributed to higher revenue, total net sales exceeded the level of the same period of the previous year. In terms of profit, operating income was ¥630.914 million, up 39.5% year on year, as the increase in net sales and the effects of efforts to revise selling prices more than offset the increase in cost of sales due to elevated raw material prices and the increase in selling, general and administrative expenses.」
The Company continues to state that the revision of selling prices contributed to higher revenue and operating income. Operating income was ¥630.914 million, up 39.5% year on year. - FY2023-Q2First statedAnnual report
「As the revision of selling prices also contributed, total net sales remained solid and exceeded the level of the same period of the previous year. In terms of profit, operating income was ¥305.710 million, up 23.1% year on year, as the increase in net sales and the effects of efforts to revise selling prices more than offset the impact of higher cost of sales due to soaring raw material prices and increases in selling, general and administrative expenses.」
The revision of selling prices can now be independently confirmed for the first time as an initiative that contributed to solid net sales and a 23.1% year-on-year increase in operating income.