Komori
Ntn (6472) · InitiativeAdvanced

Selling Price Improvements, Reduction and Withdrawal in Low-Return and Unprofitable Businesses

First written in FY2021. 12 of 14 entries say "Advanced", first in FY2022. Latest entry: 2026-08-04.

14entries
6years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021AdvancedFY2022 – FY2024-Q2OtherFY2024-Q3AdvancedFY2025-H1 – 2026-08-042021: 120212022: 120222023: 320232024: 220242025: 220252026: 52026
Same theme, other companies
Improving profitability through streamlining and withdrawal from unprofitable businessesA theme 80 companies write about · 3 as a headwind · 82 as a tailwind

25 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 80 companies compared. The sentences above are computed from all 80.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-04AdvancedEarnings

    「当第1四半期連結累計期間に解雇費用、撤退に伴う商品の廃棄損等1,050百万円を事業再編損として特別損失に計上しております。その内訳は当社グループの米州地区950百万円、欧州地区100百万円です。」

    米州・欧州で解雇費用や撤退に伴う廃棄損を計上し、生産再編・撤退を含む事業構造改革の実行を継続している。
  2. FY2026AdvancedAnnual report

    「We are focusing on improving our earnings power through business-structure reforms centered on production restructuring and strengthening "SQCCD."」

    Under “DRIVE NTN100” Final, the company remains in the phase of restructuring low-profit and unprofitable businesses, centered on production restructuring.
  3. FY2026AdvancedAnnual report

    「During the consolidated fiscal year, the company recorded ¥3,159 million in costs including severance payments and inventory disposal losses associated with withdrawals as a business-restructuring loss under extraordinary losses. The breakdown was ¥1,144 million in Europe, ¥924 million in the Americas, ¥751 million in Asia and ¥339 million in Japan for the Group.」

    Earnings-improvement measures, including production restructuring and withdrawals, were implemented in Europe, the Americas, Asia and Japan and recorded as a business-restructuring loss of ¥3,159 million.
  4. FY2026-H1AdvancedAnnual report

    「During the interim consolidated fiscal period, the company recorded ¥431 million in costs including severance payments and inventory disposal losses associated with withdrawals as a business-restructuring loss under extraordinary losses. The entire amount, ¥431 million, related to the Group's European operations.」

    Business restructuring associated with production restructuring and withdrawals was implemented in Europe, with ¥431 million recorded for severance payments, inventory disposal losses and other costs.
  5. FY2025AdvancedAnnual report

    「During the consolidated fiscal year, the company recorded ¥7,171 million in costs including severance payments and inventory disposal losses associated with withdrawals as a business-restructuring loss under extraordinary losses. The breakdown was ¥3,688 million in Europe, ¥3,082 million in the Americas and ¥400 million in Asia for the Group.」

    Business-structure reforms, including production restructuring and withdrawals, were implemented in Europe, the Americas and Asia and recorded as a business-restructuring loss of ¥7,171 million.
  6. FY2025-H1AdvancedAnnual report

    「Under these circumstances, we will focus on executing business structure reforms centered on production realignment and improving our “earning power” through the strengthening of “SQCCD,” with the aim of continuing the “acceleration of business structure transformation” set out in the new medium-term management plan “DRIVE NTN100” Final, which began in April this year, and completing the revitalization of NTN.」

    With the launch of the new medium-term management plan, "DRIVE NTN100" Final, the company moved into the phase of implementing business-structure reforms centered on production restructuring.
  7. FY2024-Q3Update to third-quarter resultsAnnual report

    「During the nine-month period ended 31 December, the company recorded a business-restructuring loss of ¥828 million as an extraordinary loss. This represented losses associated with production restructuring at consolidated subsidiaries and other factors.」

    A business-restructuring loss of ¥828 million associated with production restructuring at consolidated subsidiaries and other factors was recorded for the nine-month period ended 31 December. The amount has been updated from ¥924 million in the same period of the previous year.
  8. FY2024-Q2AdvancedAnnual report

    「During the six-month period ended 30 September, the company recorded a business-restructuring loss of ¥404 million as an extraordinary loss. This represented losses associated with production restructuring at consolidated subsidiaries and other factors.」

    A business-restructuring loss of ¥404 million associated with production restructuring at consolidated subsidiaries and other factors was recorded, showing the implementation of earnings-improvement measures, including the restructuring of low-profit businesses, as an accounting loss.
  9. FY2023AdvancedAnnual report

    「During the consolidated fiscal year, the company recorded a business-restructuring loss of ¥1,348 million as an extraordinary loss. This represented losses associated with production restructuring at consolidated subsidiaries and other factors.」

    A business-restructuring loss of ¥1,348 million associated with production restructuring at consolidated subsidiaries and other factors was recorded, showing the implementation of earnings-improvement measures, including the restructuring and withdrawal from low-profit businesses, as an accounting loss.
  10. FY2023-Q3AdvancedAnnual report

    「During the nine-month period ended 31 December, the company recorded a business-restructuring loss of ¥924 million as an extraordinary loss. This represented losses associated with production restructuring at consolidated subsidiaries and other factors.」

    A business-restructuring loss of ¥924 million associated with production restructuring at consolidated subsidiaries and other factors was recorded, showing the implementation of business restructuring as an accounting loss.
  11. FY2022AdvancedAnnual report

    「In addition to working to improve the product portfolio by exiting low-profit products and concentrating on products with high profit margins, we will seek to secure earnings by reviewing selling prices to reflect increases in steel prices and logistics costs.」

    The company describes the implementation of earnings-improvement measures including exiting low-profit products, concentrating on products with high profit margins, and passing higher steel and logistics costs through to selling prices.
  12. FY2021First statedAnnual report

    「For industries positioned as harvest areas requiring stronger earnings bases, including construction machinery, agricultural machinery, and aerospace, we will pursue earnings-improvement measures such as fundamental cost reductions and productivity improvements using materials from China and India, as well as improving selling prices for low-profit and unprofitable models, reducing sales and exiting those models.」

    In the industrial machinery business, the company has identified cost reductions and productivity improvements, as well as improving selling prices, reducing sales and exiting low-profit and unprofitable models, as specific measures to improve earnings.
Moved together

"Strengthening Earnings Management and Improving Asset Efficiency" moved the same way as this thread, in the same document, in 9 of its 13 moves.

977665★123456
  1. ★This thread
  2. 1Strengthening Earnings Management and Improving Asset Efficiency9×
  3. 2Stable, sustained shareholder returns while securing research and development and capital investment7×
  4. 3Structural reform of the driveshaft business and development of the world’s No. 1 product7×
  5. 4Expansion of the Aftermarket Business and World No. 1 Customer Satisfaction6×
  6. 5Innovation in Manufacturing Methods through Next-Generation Technologies6×
  7. 6Higher Raw Material Costs, Including Steel Products5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ntn's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-08-04: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.