Productivity Improvements and Total Cost Reduction

「Regarding profit, the Company reduced fixed costs through structural reforms, passed higher raw material costs and other increases through to selling prices, advanced automation and rationalization of production lines, and worked to reduce procurement costs. As a result, operating income was ¥6,769 million, up 60.7% year on year, and ordinary income was ¥6,130 million, up 107.3%.」

「To improve profitability, we are further advancing structural reforms across the business, including optimizing equipment and personnel, rationalizing all divisions and expanding in-house production.」

「Regarding profit, although operating rates deteriorated in robotics and specialty steel, the Company reduced fixed costs through structural reforms, passed higher raw material costs through to selling prices, advanced automation and rationalization of production lines, and worked to reduce procurement costs. As a result, operating income was ¥9,773 million, up 47.3% year on year, and ordinary income was ¥8,370 million, up 97.6%.」

「Regarding profit, although operating rates deteriorated in hydraulic equipment and bearings, the Company reduced fixed costs through structural reforms, passed higher raw material costs through to selling prices, advanced automation and rationalization of production lines, and worked to reduce procurement costs. As a result, operating income was ¥4,213 million, up 79.8% year on year, and ordinary income was ¥2,957 million, up 103.7%.」

「Regarding profit, the Company passed higher raw material costs through to selling prices, advanced automation and rationalization of production lines, and worked to reduce procurement costs. Although the yen remained weak, the continued rise in raw material prices from the previous fiscal year, together with a significant deterioration in operating rates in the robotics and hydraulic equipment businesses, resulted in operating income of ¥1,183 million, down 69.8% year on year, ordinary income of ¥754 million, down 77.1%, and quarterly net income attributable to owners of the parent of ¥356 million, down 83.9%.」

「Regarding profit, the Company passed higher raw material costs through to selling prices, advanced automation and rationalization of production lines, and worked to reduce procurement costs. However, the impact of high raw material and energy prices, which continued from the previous fiscal year, and higher fixed costs resulted in operating income of ¥10,252 million, down 21.0% year on year, ordinary income of ¥9,649 million, down 29.6%, and quarterly net income attributable to owners of the parent of ¥6,300 million, down 32.1%.」

「Regarding profit, in addition to improved operating rates resulting from higher sales and production, the Company passed higher raw material costs through to selling prices, advanced automation and rationalization of production lines, and worked to reduce procurement costs. Although the yen remained weak, the impact of high raw material and energy prices, which continued from the previous fiscal year, and higher fixed costs resulted in operating income of ¥7,612 million, down 6.0% year on year.」

「Regarding profit, while high raw material and energy prices continued from the previous fiscal year, the Company improved operating rates through higher sales and production, passed higher raw material costs through to selling prices, improved productivity through automation and rationalization of production lines, and worked to reduce procurement costs. As the yen remained weak, operating income was ¥3,912 million, up 7.6% year on year.」

「Regarding profit, in addition to improved operating rates resulting from higher sales and production, the Company passed higher raw material costs through to selling prices, improved productivity through automation and rationalization of production lines, and worked to reduce procurement costs. As the yen remained weak, operating income was ¥17,025 million, up 15.7% year on year, ordinary income was ¥17,100 million, up 18.3%, and net income attributable to owners of the parent was ¥12,237 million, up 22.5%.」

「In terms of profit, in addition to improved capacity utilization from higher sales and production, the Group worked to pass higher raw material prices through to selling prices, improve productivity through automation and streamlining of production lines, and reduce procurement costs. Operating profit also benefited from the yen's depreciation and was ¥12.984 billion, up 22.3% year on year, while ordinary profit was ¥13.711 billion, up 34.1%, and net income attributable to owners of the parent was ¥9.276 billion, up 30.2%.」

「In terms of profit, in addition to improved capacity utilization from higher sales and production, the Group worked to pass higher raw material prices through to selling prices, improve productivity through automation and streamlining of production lines, and reduce procurement costs. Operating profit also benefited from the yen's depreciation and was ¥8.100 billion, up 25.9% year on year, while ordinary profit was ¥8.769 billion, up 34.8%, and net income attributable to owners of the parent was ¥5.830 billion, up 30.3%.」

「In terms of profit, in addition to improved capacity utilization from higher sales and production, the Group worked to pass higher raw material prices through to selling prices, improve productivity through automation and streamlining of production lines, and reduce procurement costs. Operating profit also benefited from the yen's depreciation and was ¥3.636 billion, up 50.5% year on year.」

「In terms of profit, in addition to improved capacity utilization from higher sales and production, the Group captured the benefits of total cost reductions, including productivity improvements from automation and streamlining implemented since the previous year, expanded in-house production and reductions in selling, general and administrative expenses through more efficient operations. Operating profit was ¥14.718 billion, 2.1 times the previous year's level, ordinary profit was ¥14.457 billion, 2.6 times, and net income attributable to owners of the parent was ¥9.993 billion, 4.1 times.」

「In terms of profit, in addition to improved capacity utilization from higher sales and production, the Group captured the benefits of total cost reductions, including productivity improvements from streamlining and in-house production implemented since the previous year and reductions in selling, general and administrative expenses through more efficient operations. Operating profit was ¥10.619 billion, 2.5 times the previous year's level, ordinary profit was ¥10.223 billion, 3.4 times, and net income attributable to owners of the parent was ¥7.126 billion, 6.6 times.」

「In terms of profit, in addition to improved capacity utilization from higher sales and production, the Group captured the benefits of total cost reductions, including productivity improvements from streamlining and in-house production implemented since the previous year and reductions in selling, general and administrative expenses through more efficient operations. Operating profit was ¥6.435 billion, 2.4 times the previous year's level, ordinary profit was ¥6.505 billion, 4 times, and net income attributable to owners of the parent was ¥4.474 billion, 10 times.」

「The Group captured the benefits of total cost reductions, including productivity improvements from streamlining and in-house production implemented since the previous year and reductions in selling, general and administrative expenses through more efficient operations. Operating profit was ¥2.416 billion, up 5.8% year on year.」

「The Group proceeded to strengthen its sales and development systems and streamline production to expand its business over the medium to long term and improve its current earnings structure.」

「The Group fell short of the initial plan based on its medium-term earnings target, which called for operating profit of ¥17.0 billion, achieving 75.8% of the target. This was due to the shortfall in net sales against the plan, a stronger-than-expected yen and delays in cost reductions, particularly procurement cost reductions. Going forward, the Group will further pursue cost reductions, streamlining and productivity improvements.」

「Although the Group worked to raise selling prices and reduce costs, the yen remained significantly strong, while higher raw material and energy prices, personnel expenses and other factors pressured profitability. Operating profit was ¥10.616 billion, down 13.0% year on year, ordinary profit was ¥9.527 billion, down 12.9%, and net income attributable to owners of the parent was ¥6.309 billion, down 12.5%.」

「Although the Group worked to raise selling prices and reduce costs, the yen remained strong, while higher raw material and energy prices, personnel expenses and other factors pressured profitability. Operating profit was ¥7.481 billion, down 7.8% year on year.」

「Going forward, the Group will improve costs, particularly procurement costs, raise productivity mainly through streamlining and automation, and further strengthen manufacturing controls to improve profitability.」

「In addition to working on cost reductions, including in-house production and improved productivity, the Group proceeded to expand its development, sales and production systems to support future business growth.」

「In addition to working on cost reductions, including in-house production and improved productivity, the Group proceeded to expand its development, sales and production systems to support future business growth.」

「In addition to working on cost reductions, including in-house production and improved productivity, the Group proceeded to develop its development, sales, production and corporate functions to support future business growth.」

「In the Components Business, sales to the automotive and construction machinery sectors expanded, while demand from the industrial machinery sector recovered. Net sales were ¥135.982 billion, up 11.2% from the previous consolidated fiscal year, and operating profit was ¥8.635 billion, up 56.0%, reflecting improved capacity utilization and the benefits of cost reductions.」

「In the Components Business, sales to the automotive and construction machinery sectors expanded, while demand from the industrial machinery sector recovered. Net sales were ¥99.330 billion, up 9.2% year on year, and operating profit was ¥6.216 billion, up 47.5%, reflecting improved capacity utilization and the benefits of in-house production.」

「In the Components Business, demand for automobiles and construction machinery was recovering and trending higher, driving increased demand for bearings, car control valves and hydraulic motors. Net sales were ¥65.378 billion, up 7.2% year on year, while operating profit was ¥4.117 billion, up 32.2%, reflecting the benefits of improved capacity utilization, cost improvements and expanded in-house production.」

「In addition to working on total cost reduction, including in-house production and improved productivity, the Group proceeded to expand its development, sales and production systems, centered on its robot division, to support future business growth.」

「The Group will also work to further improve performance by expanding its product lineup, creating new business opportunities and pursuing fundamental cost reforms.」

「In addition to working to capture the benefits of total cost reduction, including improved productivity, the Group proceeded to expand its sales and production systems to support future business growth.」

「In addition to working to capture the benefits of total cost reduction, including improved productivity, the Group proceeded to expand its sales and production systems to support future business growth.」