Review of the Cost Structure in the Structural Equipment Business

「The completion of products for large projects in the fourth quarter, the effects of manufacturing cost reductions and the early completion of projects expected in the following fiscal year significantly boosted revenue and profit.」

「Revenue from the structural equipment segment was ¥12,307 million, up 17.0% from the previous fiscal year, and segment profit was ¥2,519 million, up 50.3%.」

「As a result, revenue from structural equipment was ¥2,614 million, up 11.0% year on year, and segment profit was ¥392 million, up 31.7% year on year.」

「As a result, revenue from structural equipment was ¥5,387 million, up 8.2% year on year, and segment profit was ¥999 million, up 43.5% year on year.」

「Sales of bridge products substantially exceeded the previous year's level, while sales of building products were maintained at approximately the previous year's level. As a result, revenue from structural equipment was ¥7,935 million, up 37.6% year on year, and segment profit was ¥1,218 million, up 173.1%.」

「Sales of products for buildings were approximately at the previous year's level, while sales of products for bridges substantially exceeded the previous year's level, resulting in higher revenue and profit. As a result, revenue from structural equipment was ¥3,139 million, up 81.7% year on year, and segment profit was ¥549 million, up 1,123.7%.」

「As a result, revenue from structural equipment was ¥5.768 billion, up 20.2% year on year, and the segment profit was ¥446 million, compared with a segment loss of ¥175 million in the same period of the previous year.」

「As a result, revenue from structural equipment was ¥3.592 billion, up 18.3% year on year, and the segment profit was ¥154 million, compared with a segment loss of ¥131 million in the same period of the previous year, securing a profit.」

「Orders for both bridge and building products exceeded those of the previous year, increasing revenue and enabling us to secure a modest profit. As a result, revenue from structural equipment was ¥1.727 billion, up 11.9% year on year, and the segment profit was ¥44 million, compared with a segment loss of ¥76 million in the same period of the previous year.」

「Operating profit increased 9.4% from the previous consolidated fiscal year to ¥4,834 million, despite higher raw-material costs and increased expenses for quality improvements at the U.S. locations, as structural reforms in the structural equipment business proved effective.」

「The challenging business environment, including intense competition among companies, continued, and orders for bridge products remained sluggish. However, total structural equipment revenue increased, and the loss narrowed, helped by orders for building products exceeding those of the previous year. As a result, revenue from structural equipment was ¥4.8 billion, up 3.2% year on year, and the segment loss was ¥175 million, compared with a segment loss of ¥257 million in the same period of the previous year.」

「Meanwhile, in terms of profit, efforts to reduce costs and expenses narrowed the loss. As a result, revenue from structural equipment was ¥3.037 billion, down 5.1% year on year, and the segment loss was ¥131 million, compared with a segment loss of ¥197 million in the same period of the previous year.」

「Meanwhile, in terms of profit, efforts to further reduce costs and improve operating efficiency resulted in continued improvement from the previous fiscal year, although they did not result in securing a profit. As a result, revenue from structural equipment was ¥1.543 billion, up 3.4% year on year, and the segment loss was ¥76 million, compared with a segment loss of ¥81 million in the same period of the previous year.」

「Revenue from bridge products exceeded that of the previous fiscal year, reflecting growth in orders for seismic reinforcement and renovation projects. Building products, however, were affected by postponed or frozen project starts and intensifying price competition, resulting in a substantial decline in revenue. Although we continued to review the cost structure in line with the business environment, this did not result in securing a profit. As a result, revenue from the structural equipment segment was ¥6.574 billion, down 19.3% year on year, and the segment loss was ¥570 million, compared with a segment loss of ¥936 million in the previous fiscal year.」

「The number of projects for both bridge and building products continued to decline, be frozen or be postponed, and revenue decreased. Meanwhile, in terms of profit, we reviewed the cost structure in line with the business environment. Although this did not result in securing a profit, marked improvement has emerged. As a result, revenue from structural equipment was ¥4.65 billion, down 22.0% year on year, and the segment loss was ¥257 million, compared with a segment loss of ¥803 million in the same period of the previous year.」

「Meanwhile, in terms of profit, we reviewed the cost structure in line with the business environment. Although this did not result in securing a profit, marked improvement has emerged. As a result, revenue from structural equipment was ¥3.2 billion, down 18.3% year on year, and the segment loss was ¥197 million, compared with a segment loss of ¥547 million in the same period of the previous year.」

「In terms of profit, we reviewed the cost structure in line with market conditions. Although this did not result in securing a profit, signs of improvement have emerged.」