Improving profitability and delivery capability and price competitiveness
First written in FY2016. 20 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-07.
Yamashin-Filter Corp. moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Operating profit in the air-filter business fell substantially due to production and shipping delays associated with the replacement of the core system and higher system operating costs. However, operating profit in the construction-equipment filter business rose 6.2% on increased demand for new vehicles, resulting in a 1.4% decline in consolidated operating profit.」
Although the construction-equipment filter business was profitable, consolidated operating profit fell 1.4% due to delays and higher costs associated with the replacement of the system in the air-filter business. - FY2026-H1WorsenedAnnual report
「Operating profit in the air-filter business fell substantially due to production and shipping delays associated with the replacement of the core system and higher system operating costs. However, operating profit in the construction-equipment filter business rose 8.6% on the recovery in demand for new vehicles and other factors, resulting in a 0.3% decline in consolidated operating profit.」
Although the construction-equipment filter business was profitable, consolidated operating profit fell 0.3% year on year due to delays and higher costs associated with the replacement of the system in the air-filter business. - FY2025AdvancedAnnual report
「Consolidated results reached record-high profit since the company's founding.」
The company states that FY2025 consolidated results reached record-high profit since its founding. Revenue rose 11.5% and operating profit rose 86.4%. - FY2025-H1AdvancedAnnual report
「As a result, revenue for the six-month consolidated period rose 13.8% year on year to ¥9,908 million, operating profit rose 227.1% to ¥1,376 million, ordinary profit rose 243.8% to ¥1,435 million, and interim profit attributable to owners of the parent rose 285.0% to ¥870 million.」
As the company advanced cost reductions, improvements in selling prices, Project PAC24, design and material reviews, production-process streamlining and stronger quality control, revenue, operating profit, ordinary profit and interim profit substantially exceeded the year-earlier levels. - FY2024AdvancedAnnual report
「In response to surging raw material prices and energy costs, we will continue to pass these costs through to appropriate selling prices. As part of our cost improvement initiatives to further strengthen the company's competitiveness, in addition to promoting Project PAC24, we will work to reduce costs across the product life cycle and improve profit by reviewing functions and materials during the design and development stage, streamlining production processes, and further strengthening quality control.」
As the company advanced Project PAC24, price pass-through, design and material reviews, production-process streamlining and stronger quality control, operating profit rose 14.3% year on year and ordinary profit rose 54.7%, demonstrating actual improvement in profitability. - FY2024-Q2WorsenedAnnual report
「On the profit front, profitability improved through price pass-through to appropriate levels as a measure to address changes in the external environment. However, profit declined due to higher prices for key raw materials such as aluminum and steel, surging energy costs, and the effects of sales mix and foreign exchange movements. As a result, revenue for the six-month period fell 4.5% year on year to ¥8,709 million, operating profit fell 19.3% to ¥420 million, ordinary profit fell 8.9% to ¥417 million, and profit attributable to owners of the parent fell 16.7% to ¥226 million.」
Although the company sought to improve profitability through price pass-through, revenue, operating profit, ordinary profit and profit attributable to owners of the parent for the six-month period were all below the year-earlier levels due to raw material prices, energy costs, sales mix and foreign exchange movements. Project PAC23, design and material reviews, production-process simplification, component standardization and stronger quality control also remain ongoing as profit improvement measures. - FY2024-Q1AdvancedAnnual report
「In response to the surge in raw material prices and energy costs, which has been a factor behind the decline in profit, we will implement further price pass-through to appropriate levels. As part of our cost improvement initiatives, in addition to promoting Project PAC23, we will work to reduce costs across the product life cycle and improve profit by reviewing functions and materials during the design and development stage, simplifying production processes, standardizing components, and further strengthening quality control.」
The company specified measures to improve profitability, including price pass-through, Project PAC23, design and material reviews, production-process simplification, component standardization and stronger quality control. While company-wide operating profit rose 20.1% year on year, operating profit in the construction-equipment filter business fell 32.1%, indicating differences among the businesses. - FY2023WorsenedAnnual report
「On the profit front, profitability was recovering as a result of price pass-through, but profit declined due to continued elevated prices for key raw materials such as aluminum and steel, persistently high ocean freight costs, and the impact of the weaker yen. As a result, revenue for the fiscal year fell 1.1% year on year to ¥18,605 million, operating profit fell 8.1% to ¥1,235 million, and ordinary profit fell 30.5% to ¥915 million.」
Although the company proceeded with measures including price pass-through, revenue, operating profit and ordinary profit fell below the year-earlier levels due to elevated raw material and ocean freight costs and the impact of the weaker yen. - FY2023-Q3WorsenedAnnual report
「As a result, revenue for the nine-month period of the fiscal year fell 0.5% year on year to ¥14,118 million, operating profit fell 4.1% to ¥1,067 million, and ordinary profit fell 22.2% to ¥839 million.」
Although profitability was recovering as a result of price pass-through, revenue, operating profit and ordinary profit for the nine-month period were all below the year-earlier levels, and the results of profitability improvement deteriorated. - FY2023-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥9,123 million, down 4.5% year on year, operating profit was ¥521 million, down 41.3%, ordinary profit was ¥458 million, down 47.7%, and quarterly net income attributable to owners of the parent was ¥271 million, down 17.4%.」
While profitability is said to be recovering through price pass-through, in the cumulative second quarter of FY2023, net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all fell below the prior-year period, and profitability continued to deteriorate. - FY2023-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥4,169 million, down 11.0% year on year, operating profit was ¥94 million, down 72.4%, ordinary profit was ¥57 million, down 82.8%, and quarterly net income attributable to owners of the parent was ¥12 million, down 94.1%.」
Net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all fell below the prior-year period, and profitability deteriorated. - FY2022AdvancedAnnual report
「As a result, for the consolidated fiscal year, net sales were ¥18,821 million, up 29.0% year on year, operating profit was ¥1,344 million, compared with an operating loss of ¥145 million in the prior-year period, and ordinary profit was ¥1,317 million, compared with an ordinary loss of ¥135 million.」
For full-year FY2022, operating profit and ordinary profit moved from losses in the prior year to profits, while net sales increased 29.0%. Measurable full-year results relating to improved profitability are shown. - FY2022-Q3AdvancedAnnual report
「Under these business conditions, we will seek to improve earnings by normalizing logistics, adjusting for surging raw material prices and reducing costs. As a result, for the cumulative third quarter, net sales were ¥14,188 million, up 36.5% year on year, operating profit was ¥1,113 million, compared with an operating loss of ¥146 million in the prior-year period, ordinary profit was ¥1,078 million, compared with an ordinary loss of ¥133 million, and quarterly net loss attributable to owners of the parent was ¥88 million, compared with quarterly net income attributable to owners of the parent of ¥384 million.」
For the cumulative third quarter, operating profit and ordinary profit moved from losses in the prior-year period to profits, while net sales increased 36.5% year on year. The company indicates a policy of improving earnings through logistics normalization, adjustments for surging raw material prices and cost reductions, while quarterly net loss attributable to owners of the parent was ¥88 million due to impairment losses on the healthcare business and other factors. - FY2022-Q2AdvancedAnnual report
「Our group launched Project PAC 21, a company-wide project intended to establish a profit-generating structure. We will improve profitability by optimizing sales, production, development and logistics sites, strengthening the global supply chain, establishing an appropriate framework for coordinating product supply, production and development functions based on quality control and assurance systems in key markets, and implementing focused spending and investment suited to the post-COVID-19 business environment. As a result, for the cumulative second quarter, net sales were ¥9,556 million, up 45.6% year on year, and operating profit was ¥887 million, compared with an operating loss of ¥50 million in the prior-year period.」
While continuing profitability improvement initiatives including Project PAC 21, net sales increased 45.6% and operating profit moved from an operating loss in the prior-year period to ¥887 million. - FY2022-Q1AdvancedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥4,685 million, up 63.9% year on year, operating profit was ¥341 million, compared with an operating loss of ¥98 million in the prior-year period, ordinary profit was ¥334 million, compared with an ordinary loss of ¥101 million, and net income attributable to owners of the parent was ¥208 million, compared with net loss attributable to owners of the parent of ¥82 million in the prior-year period.」
The company moved from an operating loss and ordinary loss in the prior-year period to operating profit of ¥341 million and ordinary profit of ¥334 million, while net sales increased 63.9%. - FY2021-Q3WorsenedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥10,394 million, up 13.2% year on year, operating loss was ¥146 million, compared with operating profit of ¥600 million in the prior-year period, ordinary loss was ¥133 million, compared with ordinary profit of ¥501 million, and quarterly net income attributable to owners of the parent was ¥384 million, up 11.3% year on year.」
Although net sales increased, the company posted operating loss and ordinary loss, with profitability deteriorating from profit in the prior-year period to losses. The increase in quarterly net income attributable to owners of the parent includes a ¥795 million extraordinary gain from a settlement with the seller of アクシー. - FY2021-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥6,563 million, up 12.9% year on year, operating loss was ¥50 million, compared with operating profit of ¥388 million in the prior-year period, ordinary loss was ¥60 million, compared with ordinary profit of ¥286 million, and quarterly net loss attributable to owners of the parent was ¥152 million, compared with quarterly net income attributable to owners of the parent of ¥187 million.」
Although net sales increased, the company posted operating loss, ordinary loss and quarterly net loss attributable to owners of the parent, moving from profit in the prior-year period to losses. - FY2021-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥2,858 million, up 4.3% year on year, operating loss was ¥98 million, compared with operating profit of ¥117 million in the prior-year period, ordinary loss was ¥101 million, compared with ordinary profit of ¥99 million, and quarterly net loss attributable to owners of the parent was ¥82 million, compared with quarterly net income attributable to owners of the parent of ¥61 million.」
Although net sales increased year on year, the company posted operating loss, ordinary loss and quarterly net loss attributable to owners of the parent, moving from profit in the prior-year period to losses. - FY2020WorsenedAnnual report
「Our group launched Project PAC 20, a company-wide project intended to establish a profit-generating structure. We will improve profitability by strengthening the supply chain through the global optimization of sales, production, development and logistics sites and by establishing an appropriate framework for coordinating product supply, production and development functions based on quality control and assurance systems in key markets. As a result, net sales were ¥12,674 million, down 8.2% year on year, operating profit was ¥777 million, down 60.4%, ordinary profit was ¥603 million, down 68.5%, and net income attributable to owners of the parent was ¥608 million, down 57.0%.」
While continuing profitability improvement initiatives, full-year FY2020 net sales, operating profit, ordinary profit and net income attributable to owners of the parent all fell below the prior-year period, and profit levels deteriorated. - FY2020-Q3Nine-month cumulative results deterioratedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥9,186 million, down 13.3% year on year, operating loss was ¥600 million, down 62.4%, ordinary loss was ¥501 million, down 67.8%, and quarterly net loss attributable to owners of the parent was ¥345 million, down 69.7%.」
While continuing its policy of improving profitability through Project PAC 19, cumulative nine-month net sales, operating profit, ordinary profit and quarterly net income all fell below the prior-year period. - FY2020-Q2First-half results deterioratedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥5,811 million, down 18.5% year on year, operating loss was ¥388 million, down 64.2%, ordinary loss was ¥286 million, down 73.3%, and quarterly net loss attributable to owners of the parent was ¥187 million, down 76.9%.」
While continuing its policy of improving profitability through Project PAC 19 and other initiatives, net sales, operating profit, ordinary profit and quarterly net income for the cumulative second quarter all fell below the prior-year period. - FY2020-Q1Quarterly results deterioratedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥2,740 million, down 21.5% year on year, operating loss was ¥117 million, down 77.5%, ordinary loss was ¥99 million, down 81.0%, and quarterly net loss attributable to owners of the parent was ¥61 million, down 85.5%.」
While continuing efforts to improve profitability, net sales, operating profit, ordinary profit and net income for the first quarter all fell below the prior-year period due to inventory adjustments at major customers and other factors. A recovery in orders from the second quarter onward is also noted. - FY2019AdvancedAnnual report
「Furthermore, we implemented Project PAC 18, a company-wide project that has been pursued continuously since the previous fiscal year to establish a profit-generating structure. Through thorough control of costs and selling, general and administrative expenses, we improved earnings. As a result, net sales were ¥13,811 million, up 4.9% year on year, operating profit was ¥1,963 million, up 2.8%, ordinary profit was ¥1,915 million, up 5.0%, and net income attributable to owners of the parent was ¥1,413 million, up 13.1%.」
The company states that Project PAC 18 and control of costs and selling, general and administrative expenses improved earnings, and reports year-on-year increases in full-year operating profit, ordinary profit and net income. - FY2019-Q3AdvancedAnnual report
「Furthermore, we implemented Project PAC 18, a company-wide project that has been pursued continuously since the previous fiscal year to establish a profit-generating structure. Through thorough control of costs and selling, general and administrative expenses, we improved profitability. As a result, for the cumulative third quarter, net sales were ¥10,589 million, up 10.0% year on year, operating profit was ¥1,597 million, up 5.0%, ordinary profit was ¥1,558 million, up 5.6%, and quarterly net income attributable to owners of the parent was ¥1,140 million, up 16.8%.」
The company states that Project PAC 18 and thorough control of costs and selling, general and administrative expenses improved profitability, and reports year-on-year increases in net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent. - FY2019-Q2AdvancedAnnual report
「Furthermore, we implemented Project PAC 18, a company-wide project that has been pursued continuously since the previous fiscal year to establish a profit-generating structure. Through thorough control of costs and selling, general and administrative expenses, we improved profitability. As a result, for the cumulative second quarter, net sales were ¥7,127 million, up 14.2% year on year, operating profit was ¥1,085 million, up 12.1%, ordinary profit was ¥1,076 million, up 14.6%, and quarterly net income attributable to owners of the parent was ¥808 million, up 32.6%.」
The company states that Project PAC 18 and thorough control of costs and selling, general and administrative expenses improved profitability, and reports year-on-year increases in net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent. - FY2019-Q1AdvancedAnnual report
「Furthermore, we implemented Project PAC 18, a company-wide project that has been pursued continuously since the previous fiscal year to establish a profit-generating structure. Through thorough control of costs and selling, general and administrative expenses, we improved profitability. As a result, for the cumulative first quarter, net sales were ¥3,492 million, up 13.7% year on year, operating profit was ¥521 million, up 1.7%, ordinary profit was ¥524 million, up 7.0%, and quarterly net income attributable to owners of the parent was ¥421 million, up 18.5%.」
The company states that implementation of Project PAC 18 and control of costs and selling, general and administrative expenses improved profitability, and reports year-on-year increases in operating profit, ordinary profit and quarterly net income attributable to owners of the parent. - FY2018AdvancedAnnual report
「Furthermore, continuing from the previous fiscal year, we launched Project PAC 17, a company-wide project intended to establish a profit-generating structure. By steadily implementing the project, we improved profitability and sought to enhance enterprise value. As a result, net sales were ¥13,168 million, up 31.6% year on year, operating profit was ¥1,910 million, up 99.5%, ordinary profit was ¥1,824 million, up 95.3%, and net income attributable to owners of the parent was ¥1,249 million, up 95.2%.」
The company states that implementation of Project PAC 17 improved profitability and reports full-year results and year-on-year increases in net sales, operating profit, ordinary profit and net income. - FY2018-Q3AdvancedAnnual report
「Furthermore, continuing from the previous fiscal year, we launched Project PAC 17, a company-wide project intended to establish a profit-generating structure. By steadily implementing the project, we improved profitability and sought to enhance enterprise value. As a result, for the cumulative third quarter, net sales were ¥9,625 million, up 33.6% year on year, operating profit was ¥1,521 million, up 115.2%, ordinary profit was ¥1,476 million, up 118.8%, and quarterly net income attributable to owners of the parent was ¥976 million, up 107.2%.」
The company states that implementation of Project PAC 17 improved profitability and reports year-on-year increases in net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent. - FY2018-Q2AdvancedAnnual report
「Furthermore, continuing from the previous fiscal year, we launched Project PAC 17, a company-wide project intended to establish a profit-generating structure. By steadily implementing the project, we improved profitability and sought to enhance enterprise value. As a result, for the cumulative second quarter, net sales were ¥6,239 million, up 30.4% year on year, operating profit was ¥967 million, up 121.9%, ordinary profit was ¥939 million, up 123.7%, and quarterly net income attributable to owners of the parent was ¥609 million, up 123.3%.」
The company states that implementation of PAC17 improved profitability and reports cumulative operating profit of ¥967 million, ordinary profit of ¥939 million and quarterly net income attributable to owners of the parent of ¥609 million, among other results. - FY2018-Q1AdvancedAnnual report
「Furthermore, continuing from the previous fiscal year, we launched Project PAC 17, a company-wide project intended to establish a profit-generating structure. By steadily implementing the project, we improved profitability and sought to enhance enterprise value. As a result, for the cumulative first quarter, net sales were ¥3,072 million, up 30.9% year on year, operating profit was ¥512 million, up 166.4%, ordinary profit was ¥490 million, up 151.1%, and quarterly net income attributable to owners of the parent was ¥355 million, up 122.6%, including a ¥34 million gain on the sale of investment securities.」
The company states that implementation of PAC17 improved profitability, and operating profit and ordinary profit also increased year on year. The increase in quarterly net income attributable to owners of the parent includes a ¥34 million gain on the sale of investment securities. - FY2017AdvancedAnnual report
「Furthermore, continuing from the previous fiscal year, we launched Project PAC 16, a company-wide project intended to establish a profit-generating structure. By steadily implementing the project, we improved profitability and sought to enhance enterprise value. As a result, net sales were ¥10,007 million, up 5.8% year on year, operating profit was ¥957 million, up 135.2%, ordinary profit was ¥934 million, up 167.7%, and net income attributable to owners of the parent was ¥640 million, up 247.9%.」
The company states that implementation of PAC16 improved profitability and also shows measurable improvements in operating profit and other results. - FY2017-Q3AdvancedAnnual report
「As a result, net sales for the cumulative third quarter were ¥7,203 million, down 0.4% year on year, operating profit was ¥707 million, up 216.8%, ordinary profit was ¥674 million, up 197.8%, and quarterly net income attributable to owners of the parent was ¥471 million, up 527.1%.」
For the cumulative third quarter, net sales decreased 0.4% year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent increased 216.8%, 197.8% and 527.1%, respectively. Although the text does not explicitly state a causal relationship with improved profitability, these are recorded as measurable financial results. - FY2017-Q2AdvancedAnnual report
「As a result, net sales for the cumulative second quarter were ¥4,783 million, down 6.7% year on year, operating profit was ¥436 million, up 155.1%, ordinary profit was ¥419 million, up 166.4%, and quarterly net income attributable to owners of the parent was ¥273 million, up 282.0%.」
For the cumulative second quarter, net sales decreased year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent increased substantially. Although the text does not explicitly state a causal relationship with improved profitability, these are recorded as measurable financial results. - FY2017-Q1AdvancedAnnual report
「As a result, for the cumulative first quarter of the current fiscal year, net sales were ¥2,347 million, down 8.3% year on year, operating profit was ¥192 million, up 118.3%, ordinary profit was ¥195 million, up 140.4%, and quarterly net income attributable to owners of the parent was ¥159 million, up 147.1%.」
In the first quarter, operating profit, ordinary profit and quarterly net income attributable to owners of the parent increased year on year. The text does not explicitly state a causal relationship with improved profitability; these are recorded as measurable financial results. - FY2016First statedAnnual report
「We believe that improving delivery capability and price competitiveness is important to respond flexibly to customer needs. Our group will improve profitability by strengthening the supply chain through the global optimization of sales, production, development and logistics sites, and by establishing an appropriate framework for coordinating global product supply, production and development functions based on quality control and assurance systems in key markets.」
The company regards the optimization of sales, production, development and logistics sites and coordination among these functions as means of improving profitability.