Growth-Area Development, Inventory Reduction, Cost Reduction, and Restructuring of Personnel Systems
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2023.
21 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「To this end, we will focus on returning to the fundamentals of manufacturing by strengthening our development capabilities in fields with high growth potential, reducing excess inventory and achieving steady cost reductions. In addition, to achieve growth in a rapidly changing global market environment, we intend to continue rebuilding our personnel system so that the right people are assigned to the right positions at the right time, without regard to borders.」
Identifies growth-area development, inventory reduction, cost reduction and the rebuilding of the personnel system as ongoing issues to be addressed. - FY2020RestatedAnnual report
「To this end, we will focus on returning to the fundamentals of manufacturing by strengthening our development capabilities in fields with high growth potential, reducing excess inventory and achieving steady cost reductions. In addition, to achieve growth in a rapidly changing global market environment, we intend to continue rebuilding our personnel system so that the right people are assigned to the right positions at the right time, without regard to borders.」
Continuing initiatives in growth-area development, inventory reduction, cost reduction and the rebuilding of the personnel system. - FY2019-Q3RestatedAnnual report
「However, the cost of sales ratio improved due to ongoing cost-reduction initiatives and an increase in the sales mix of high-value-added products for overseas markets, among other factors.」
Continues to disclose improvements in the cost of sales ratio resulting from ongoing cost-reduction initiatives and an increase in the sales mix of high-value-added products for overseas markets. - FY2019-Q2AdvancedAnnual report
「In addition, the cost of sales ratio improved due to ongoing cost-reduction initiatives and an increase in the sales mix of high-value-added products for overseas markets, among other factors.」
Disclosed specific progress in improving the cost of sales ratio through ongoing cost-reduction initiatives and an increase in the sales mix of high-value-added products for overseas markets. - FY2017First statedAnnual report
「The Group will focus on returning to the fundamentals of manufacturing, including strengthening development capabilities in areas with high growth potential, reducing unnecessary inventories, and steadily cutting costs. It also believes that borderless action is important for growth in a rapidly changing, global market environment and has implemented organizational reforms. To achieve further growth, it intends to proceed with rebuilding its personnel system to enable the right person, at the right time, in the right place, without borders.」
The Group identifies strengthening development capabilities in growth areas, reducing inventories, cutting costs, organizational reform, and rebuilding the personnel system as specific measures.