Streamlining the Earnings and Financial Structures

「Prioritize allocating funds to growth investments while returning value to shareholders supported by business performance and a sound financial position」

「(2) Reforms to the earnings structure through price revisions, higher value-added products and greater efficiency Cost ratio improvement: 72.1% (improved by 0.4 percentage points year on year)」

「Against this backdrop, the Group has pursued earnings structure reform through its pricing strategy and higher value added, improved organisational human capabilities by enhancing employment conditions and increasing skilled workers at operating sites, rebuilt its competitive strategy in response to changes in market conditions, and worked to raise manufacturing quality.」

「Against this backdrop, the Group has pursued earnings structure reform through its pricing strategy and higher value added, improved organisational human capabilities by enhancing employment conditions and increasing skilled workers at operating sites, rebuilt its competitive strategy in response to changes in market conditions, and worked to raise manufacturing quality.」

「Against this backdrop, the Group strengthened its earnings structure and human organizational capabilities by maintaining price revisions, pursuing reforms to the earnings structure through higher value-added products and greater efficiency, improving the employment environment, and investing in human capital, including by increasing the number of skilled employees at operating sites. As a result, revenue for the interim consolidated accounting period was ¥14,385 million, down 14.3% year on year, as sales declined both in Japan and overseas. Although the cost ratio improved through reforms to the earnings structure, operating profit fell 37.4% to ¥1,231 million as revenue declined.」

「Cost ratio improvement: 71.6% (improved by 2.4 percentage points year on year) Reforms to the earnings structure progressed as price revisions took hold in Japan and overseas and transportation costs normalized」

「Operating profit was ¥2,580 million, up 62.7% year on year, as the benefits of a weaker yen supplemented reforms to the earnings structure. Ordinary profit rose 68.7% to ¥2,676 million, while quarterly profit attributable to owners of the parent rose 66.1% to ¥1,947 million.」

「Operating profit was ¥1,966 million, up 84.2% year on year, and ordinary profit was ¥2,109 million, up 92.6%, as earnings-structure improvements advanced through the increased penetration of price revisions and normalized transportation costs, along with upside factors such as the weaker yen. Quarterly profit attributable to owners of the parent was ¥1,534 million, up 87.4%.」

「Operating profit was ¥551 million, up 22.8% year on year, as reforms to the earnings structure progressed.」

「Cost ratio improvement: 74.0% (improved by 1.9 percentage points year on year) Price revisions and lower transportation costs progressed, particularly in the overseas business, advancing reforms to the earnings structure」

「Operating profit was ¥1,585 million, up 36.0% year on year, as reforms to the earnings structure progressed in the overseas business through price revisions and rationalization.」

「Operating profit was ¥1,067 million, up 47.2% year on year, as reforms to the earnings structure progressed in the overseas business through price revisions and rationalization.」

「Operating profit was ¥448 million, up 121.7% year on year, as reforms to the earnings structure progressed, particularly in the overseas business.」

「Against an expected increase of approximately ¥500 million in costs due to raw materials and logistics expenses, the Company revised selling prices and pursued logistics efficiencies, resulting in operating profit of ¥1,383 million, up 97.3% from the previous consolidated fiscal year.」

「As a result of expanding sales and improving logistics efficiency, operating income increased 2.8-fold year on year to ¥1,165.771 million, ordinary income increased 3.8-fold to ¥1,206.817 million, and quarterly net income attributable to owners of the parent turned profitable from a loss of ¥285.211 million in the same period of the previous year, reaching ¥836.304 million.」

「Operating profit was ¥725 million, up 279.2% year on year, while ordinary profit was ¥732 million, up 332.8%. Quarterly profit attributable to owners of the parent returned to profitability at ¥509 million.」

「Operating profit was ¥202 million, 5.5 times the year-earlier level, as the recovery in revenue more than offset the increase in the cost ratio caused by a change in the sales mix. Ordinary profit turned profitable, rising from a loss of ¥52 million in the first quarter of the previous fiscal year to ¥214 million, while net profit attributable to owners of the parent also turned profitable, rising from a loss of ¥122 million to ¥154 million.」

「Operating profit was ¥403 million, down 59.9% year on year, due to lower revenue, while ordinary profit was ¥312 million, down 65.8%. Quarterly profit attributable to owners of the parent was a loss of ¥285 million following the write-down of ¥370 million in deferred tax assets at a North American subsidiary.」

「As a result, revenue for the six months ended the second quarter was ¥10,163 million, down 16.0% year on year, reflecting the impact of a synchronized slowdown in the global economy. Operating profit was ¥191 million, down 72.7%, as the overseas business stagnated despite steady performance in Japan. Ordinary profit was ¥169 million, down 73.4%. Profit attributable to owners of the parent was a loss of ¥373 million following the write-down of ¥380 million in deferred tax assets related to tax loss carryforwards and other items at a North American subsidiary.」

「Operating income decreased 74.4% year on year to ¥36.760 million, while ordinary income was a loss of ¥52.754 million due to the recognition of a ¥120 million foreign exchange loss following a temporary sharp decline in the Indonesian rupiah, and net income attributable to owners of the parent was a loss of ¥122.142 million after the addition of the standalone tax burden.」

「Operating income decreased 16.7% year on year to ¥1,005.268 million, ordinary income decreased 13.0% to ¥913.787 million, and quarterly net income attributable to owners of the parent decreased 12.6% to ¥516.440 million.」

「As a result of lower sales, operating income decreased 29.3% year on year to ¥701.754 million, ordinary income decreased 26.3% to ¥635.544 million, and quarterly net income attributable to owners of the parent decreased 17.3% to ¥396.424 million.」

「As a result of lower sales and higher costs following supply chain realignment between the United States and China, operating income decreased 73.3% year on year to ¥143.461 million, ordinary income decreased 69.5% to ¥151.704 million, and quarterly net income attributable to owners of the parent decreased 44.8% to ¥112.129 million.」

「Along with the decline in sales, operating income decreased 57.9% from the previous fiscal year to ¥1,414.817 million, ordinary income decreased 61.8% to ¥1,199.970 million, and net income attributable to owners of the parent decreased 56.3% to ¥825.088 million.」

「As sales declined following the end of the major special-demand boost, operating income decreased 53.4% year on year to ¥1,207.301 million, ordinary income decreased 57.1% to ¥1,050.030 million, and quarterly net income attributable to owners of the parent decreased 57.8% to ¥590.960 million.」

「As a result of lower sales and aggressive business expansion, operating income decreased 26.9% year on year to ¥991.922 million, ordinary income decreased 30.5% to ¥862.695 million, and quarterly net income attributable to owners of the parent decreased 40.9% to ¥479.066 million.」

「As a result of the improved earnings structure, operating income increased ¥1,660.836 million, or 97.9%, from the previous fiscal year to ¥3,357.654 million, while ordinary income increased ¥1,595.494 million, or 102.9%, to ¥3,145.379 million.」

「As a result of improvements in the earnings structure, operating income was held to a decrease of ¥237.025 million, or 12.3%, from the previous fiscal year, to ¥1,696.818 million, while ordinary income was held to a decrease of ¥127.166 million, or 7.6%, to ¥1,549.884 million.」

「As a result of improvements in the earnings structure, operating income decreased 18.1% year on year to ¥1,321.127 million, ordinary income decreased 20.9% to ¥1,163.118 million, and quarterly net income attributable to owners of the parent decreased 6.9% to ¥826.727 million.」

「Although the company pursued improvements in selling prices and reductions in costs, these efforts did not offset the decline in profit accompanying the decrease in sales, and operating income decreased 39.2% year on year to ¥622.894 million.」

「Against this backdrop, the Group actively pursued market development in Japan and overseas while advancing measures to strengthen its corporate foundations in ways that would improve its earnings and financial structure.」

「The Group will accelerate the strengthening of its corporate foundations for future growth by streamlining its earnings and financial structure, expanding sales activities in Japan and overseas, strengthening its North American business, conducting research and development into next-generation products and services, investing in its core base and enhancing development capabilities, and strengthening the Group's management structure.」