Cost Improvement Through Standard Cost and Actual Cost Variance Analysis
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2022: 2 of 23 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The company sets standard costs based on the characteristics of each product, holds regular monthly cost review meetings and works to strengthen cost control by continuously considering improvement measures.」
Cost control based on setting standard costs and holding monthly cost review meetings continues. - FY2019-Q1RestatedAnnual report
「The company has worked to improve its gross profit margin through new product development and cost reduction efforts, as well as to improve operational efficiency.」
The company continues to improve its gross profit margin through cost reductions and improve operational efficiency. No specific improvement rate or variance analysis results have been provided. - FY2018First statedAnnual report
「The company sets standard costs based on the characteristics of each product, holds regular monthly cost review meetings, and works to strengthen cost control by continuously improving costs through variance analysis between standard costs and actual results.」
The company specifies an operating framework consisting of standard costs by product characteristics, monthly meetings and variance analysis.