Strengthening Competitiveness through Specifications, Quality and Cost, and Proposal Capabilities
First written in FY2016. 19 of 34 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-30.
The whole theme swung hardest in 2025: 8 of 53 companies on the "Worse" side.
33 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The cost-of-sales ratio fell 1.0 percentage point from the previous fiscal year to 69.0% as profitability improved through higher production volumes accompanying the recovery in orders from the second half onward, higher plant utilization as in-house production progressed following the establishment of a welding plant, operational improvements and expense cuts, and increased aftermarket parts sales.」
In-house production at the welding plant, higher plant utilization, operational improvements and expense cuts, and increased parts sales improved the cost-of-sales ratio by 1.0 percentage point year on year to 69.0%. - FY2026-H1Interim decline in sales and earnings; higher fixed-cost burdenAnnual report
「On the earnings front, the decline in production volume accompanying lower net sales increased the share of fixed costs, including labor costs and depreciation, in manufacturing costs. As a result, the cost-of-sales ratio increased, and operating profit decreased by ¥261 million year on year to ¥17 million, down 93.8%. Ordinary profit decreased by ¥269 million to ¥40 million, down 86.9%, while interim net income decreased by ¥167 million to ¥17 million, down 90.5%.」
The fixed-cost burden ratio rose as net sales and production volumes declined, resulting in substantial year-on-year decreases in operating profit, ordinary profit and interim net income. - FY2025Lower sales and earnings; deterioration in the cost-of-sales ratioAnnual report
「Although some product prices were revised, the decline in sales volume, together with higher manufacturing costs resulting from lower production volumes and soaring raw material and procured-parts prices, pushed up cost of sales. The cost-of-sales ratio increased 2.4 percentage points from the previous fiscal year to 70.0%.」
Although product price revisions and cost-control measures were implemented, lower sales, reduced production volumes and soaring raw material and procured-parts prices worsened the cost-of-sales ratio, resulting in operating profit of ¥344 million, down 64.6% year on year. - FY2025-H1Interim-period decline in sales and profitAnnual report
「On the earnings front, operating profit decreased by ¥239 million year on year to ¥278 million, down 46.2%, due to lower net sales, higher personnel expenses and higher manufacturing costs. Ordinary profit decreased by ¥234 million to ¥310 million, down 43.1%, and interim net income decreased by ¥187 million to ¥185 million, down 50.3%.」
Operating profit, ordinary profit and interim net income decreased year on year in the interim period due to lower net sales, higher personnel expenses and higher manufacturing costs. - FY2024AdvancedAnnual report
「Although cost of sales was affected by higher personnel expenses, rising energy costs and soaring raw material and procured-parts prices due to the weaker yen, the effects of cost-reduction initiatives, expense cuts and product price revisions caused the cost-of-sales ratio to fall 1.7 percentage points from the previous fiscal year to 67.6%.」
Cost-reduction initiatives, expense cuts and product price revisions lowered the cost-of-sales ratio by 1.7 percentage points, while operating profit increased to ¥972 million. - FY2024-Q3AdvancedAnnual report
「In terms of profit, despite the effects of higher personnel expenses and raw material and purchased component prices, the increase in net sales, more efficient product transportation and the effects of product price revisions lifted operating income by ¥248 million year on year to ¥714 million, up 53.4%, ordinary income by ¥247 million to ¥755 million, up 48.7%, and quarterly net income by ¥174 million to ¥515 million, up 51.1%.」
Despite soaring raw material prices and other pressures, measures including more efficient product transportation and product price revisions led to higher operating profit and other earnings year on year. - FY2024-Q1AdvancedAnnual report
「In terms of profit, despite the effects of higher personnel expenses, raw material and purchased component prices, and energy costs, the increase in net sales and the effects of product price revisions lifted operating income by ¥22 million year on year to ¥199 million, up 13.0%, ordinary income by ¥22 million to ¥212 million, up 12.0%, and quarterly net income by ¥16 million to ¥146 million, up 13.0%.」
Despite higher raw material and purchased component prices and energy costs, the increase in net sales and the effects of product price revisions resulted in year-on-year increases in operating income, ordinary income and quarterly net income. - FY2023AdvancedAnnual report
「Although the Company worked on cost-reduction activities and expense reductions in addition to increasing net sales, cost of sales was affected by higher manufacturing costs resulting from increased personnel expenses, higher material prices and rising energy costs. As a result, the cost-of-sales ratio rose 0.6 percentage points from the previous fiscal year to 69.3%.」
While continuing cost-reduction activities and expense reductions, the Company saw its cost-of-sales ratio deteriorate due to higher personnel, material and energy costs. Even so, net sales increased 10.0% and operating income increased 15.0%. - FY2023-Q3AdvancedAnnual report
「In terms of profit, despite the effects of higher personnel expenses and material prices, the increase in net sales from royalty income lifted operating income by ¥26 million year on year to ¥465 million, up 6.1%, ordinary income by ¥38 million to ¥507 million, up 8.2%, and quarterly net income by ¥26 million to ¥341 million, up 8.6%.」
Despite the effects of higher personnel expenses and material prices, the increase in sales from royalty income resulted in year-on-year increases in operating income, ordinary income and quarterly net income. - FY2023-Q2AdvancedAnnual report
「In terms of profit, despite the effects of higher personnel expenses and material prices, the increase in net sales and cost-reduction activities lifted operating income by ¥12 million year on year to ¥386 million, up 3.4%, ordinary income by ¥22 million to ¥414 million, up 5.9%, and quarterly net income by ¥15 million to ¥279 million, up 6.0%.」
Despite the effects of higher material prices and other factors, the increase in net sales and cost-reduction activities resulted in year-on-year increases in operating income, ordinary income and quarterly net income. - FY2023-Q1Declines in sales and profit in the agricultural machinery businessAnnual report
「In the agricultural machinery business, sales of the chaffing series and Twin Rake hay-gathering implement, which contribute to increased production of high-quality domestically produced feed and a higher food self-sufficiency rate, grew due to the launch of new products and progress in the government’s livestock cluster program. However, domestic net sales declined as a result of weak market conditions and sluggish sales of soil-preparation implements.」
Although new product launches and the livestock cluster program contributed to sales growth for certain products, overall agricultural machinery business net sales declined 2.7% year on year and segment profit declined 14.4%. - FY2022AdvancedAnnual report
「Although cost of sales was affected by higher personnel expenses and material prices, the increase in net sales and the effects of cost-reduction activities and expense reductions improved the cost-of-sales ratio by 1.1 percentage points from the previous fiscal year to 68.7%.」
Cost-reduction activities and expense reductions improved the cost-of-sales ratio by 1.1 percentage points to 68.7%. - FY2022-Q3AdvancedAnnual report
「For the cumulative nine months of the fiscal year under review, net sales were ¥5,355 million, up 13.9% year on year; operating income was ¥438 million, up 97.0%; ordinary income was ¥469 million, up 89.4%; and quarterly net income was ¥314 million, up 95.9%.」
During the cumulative nine-month period, net sales, operating income, ordinary income and quarterly net income increased year on year, providing numerical evidence of improved competitiveness and profitability. - FY2022-Q2AdvancedAnnual report
「For the cumulative second quarter of the fiscal year under review, net sales were ¥3,785 million, up 19.7% year on year; operating income was ¥373 million, up 141.9%; ordinary income was ¥391 million, up 129.9%; and quarterly net income was ¥263 million, up 137.6%.」
Net sales, operating income, ordinary income and quarterly net income increased year on year, led by the agricultural machinery business. - FY2022-Q1AdvancedAnnual report
「For the cumulative first quarter of the fiscal year under review, net sales were ¥1,802 million, up 27.4% year on year; operating income was ¥180 million, up 196.3%; ordinary income was ¥189 million, up 169.3%; and quarterly net income was ¥131 million, up 164.0%.」
Net sales and each profit measure increased year on year, demonstrating improved competitiveness and profitability in the first-quarter results. - FY2021AdvancedAnnual report
「Although cost of sales was affected by higher depreciation, personnel expenses and other factors, the increase in net sales and the effects of cost-reduction activities and expense reductions kept the cost-of-sales ratio at 69.8%, unchanged from the previous fiscal year.」
The Company continued cost-reduction activities and expense reductions, and reported annual increases of 1.1% in net sales, 5.5% in operating income and 27.2% in segment profit in the agricultural machinery business. - FY2021-Q3Continued Revenue and Profit Declines, with a Narrower DeclineAnnual report
「For the cumulative nine months of the fiscal year under review, net sales were ¥4,702 million, down 5.2% year on year; operating income was ¥222 million, down 34.5%; ordinary income was ¥247 million, down 32.3%; and quarterly net income was ¥160 million, down 31.0%.」
On a cumulative basis, net sales and each profit measure continued to decline. However, the rate of decline year on year narrowed from that recorded for the cumulative second quarter. - FY2021-Q2Continued lower sales and earningsAnnual report
「For the cumulative second quarter of the fiscal year under review, net sales were ¥3,162 million, down 16.4% year on year; operating income was ¥154 million, down 59.5%; ordinary income was ¥170 million, down 57.2%; and quarterly net income was ¥110 million, down 56.4%.」
Although there was no material change in the policies for strengthening competitiveness based on specifications, quality and cost, net sales and each profit measure continued to decline year on year. - FY2021-Q1Continued lower sales and earningsAnnual report
「For the cumulative first quarter of the fiscal year under review, net sales were ¥1,414 million, down 15.1% year on year; operating income was ¥61 million, down 55.6%; ordinary income was ¥70 million, down 52.2%; and quarterly net income was ¥49 million, down 50.9%.」
Although there was no material change in the policy of advancing competitiveness and proposal capabilities, productivity improvements and cost reductions, net sales and each profit measure continued to decline year on year. - FY2020Full-Year Revenue and Profit DeclineAnnual report
「For the fiscal year ended, net sales were ¥6,432 million, down 10.0% year on year; operating income was ¥378 million, down 40.1%; ordinary income was ¥420 million, down 38.4%; and net income was ¥262 million, down 39.2%.」
While continuing its policy of strengthening competitiveness based on specifications, quality and cost, the Company reported declines in full-year net sales and each profit measure year on year. - FY2020-Q3Continued lower sales and earningsAnnual report
「For the cumulative nine months of the fiscal year under review, net sales were ¥4,960 million, down 10.2% year on year; operating income was ¥340 million, down 31.6%; ordinary income was ¥366 million, down 31.2%; and quarterly net income was ¥232 million, down 34.0%.」
Although there was no material change in the policies for competitiveness and proposal capabilities based on specifications, quality and cost, productivity improvements and cost reductions, net sales and each profit measure continued to decline. - FY2020-Q2Continued lower sales and earningsAnnual report
「The agricultural machinery business reported net sales of ¥3,501 million, down 8.0% year on year, and segment profit of ¥356 million, down 22.9%.」
In the agricultural machinery business, net sales and segment profit declined year on year, with lower sales and profit continuing despite the policy of advancing competitiveness and proposal capabilities, productivity improvements and cost reductions. - FY2020-Q1Lower sales and earningsAnnual report
「For the cumulative first quarter of the fiscal year under review, net sales were ¥1,666 million, down 10.2% year on year; operating income was ¥137 million, down 31.2%; ordinary income was ¥147 million, down 30.5%; and quarterly net income was ¥101 million, down 31.1%.」
Although there was no change in the policy of advancing competitiveness and proposal capabilities, productivity improvements and cost reductions, net sales and each profit measure declined year on year in the first quarter. - FY2019RestatedAnnual report
「The Company will strengthen its competitiveness and proposal capabilities based on original and outstanding specifications, quality and cost, as well as the support capabilities distinctive to a domestic manufacturer, respond to diverse market needs to expand sales, improve operational efficiency and productivity, and enhance profitability through cost-reduction activities.」
The Company continues to pursue competitiveness and proposal capabilities based on specifications, quality and cost, support capabilities, productivity improvements, and cost reductions as means of improving performance. - FY2019-Q3Deterioration in resultsAnnual report
「For the cumulative nine months of the fiscal year under review, net sales were ¥5,521 million, down 3.3% year on year; operating income was ¥497 million, down 29.0%; ordinary income was ¥532 million, down 27.3%; and quarterly net income was ¥352 million, down 31.2%.」
Although no change was stated in the initiatives to strengthen competitiveness and proposal capabilities based on specifications, quality and cost, net sales and profit declined year on year during the cumulative nine-month period. - FY2018RestatedAnnual report
「Based on the slogan for the second stage of the Offensive110 Medium-Term Management Plan, which began in April 2016, “Bold Challenges, Solid Trust, Creating the Future, Offensive110,” the Company will strengthen its competitiveness and proposal capabilities based on original and outstanding specifications, quality and cost, and work to maintain stable performance.」
The Company reaffirmed the strengthening of competitiveness and proposal capabilities based on specifications, quality and cost as an ongoing initiative in the second stage. - FY2018-Q3AdvancedAnnual report
「In terms of profit, accompanying the increase in net sales, operating income increased by ¥79 million year on year to ¥700 million, up 12.7%, ordinary income increased by ¥80 million to ¥732 million, up 12.3%, and quarterly net income increased by ¥55 million to ¥511 million, up 12.3%.」
The results show measurable progress, with operating income, ordinary income and quarterly net income increasing year on year alongside higher net sales. - FY2018-Q1AdvancedAnnual report
「In terms of profit, in addition to higher net sales, lower manufacturing costs and other factors contributed to increases in operating income of ¥118 million year on year to ¥256 million, up 85.2%, ordinary income of ¥116 million to ¥272 million, up 75.2%, and quarterly net income of ¥76 million to ¥187 million, up 69.1%.」
Against a backdrop of lower manufacturing costs and other factors, operating income increased 85.2% year on year, demonstrating improved competitiveness and profitability in the quarterly results. - FY2017AdvancedAnnual report
「In terms of profit, in addition to higher net sales, lower manufacturing costs and other factors contributed to an increase in operating income of ¥136 million year on year to ¥800 million, up 20.5%.」
Lower manufacturing costs contributed to higher operating income, which increased 20.5% year on year, demonstrating a measurable effect. - FY2017-Q3AdvancedAnnual report
「The Company agreed to establish a joint venture with the aim of developing products better suited to China’s agricultural machinery market, approaching additional markets, and strengthening business competitiveness.」
Agreement to establish a Chinese joint venture resulted in specific initiatives to develop market-fit products, cultivate markets, and strengthen business competitiveness. - FY2017-Q1AdvancedAnnual report
「In terms of profit, although net sales declined, operating income increased by ¥24 million year on year to ¥138 million, up 21.5%, due to productivity improvements from the introduction of advanced equipment and the effects of cost-reduction activities.」
The introduction of advanced equipment and cost-reduction activities produced the measurable effect of increasing operating income. - FY2016First statedAnnual report
「The Company will strengthen its competitiveness and proposal capabilities based on original and outstanding specifications, quality and cost, and work to maintain stable performance.」
This is presented as the direction for specifically strengthening competitiveness in the second stage of the Medium-Term Management Plan.