Stabilising the earnings base through improved production technology and company-wide cost reductions

「生産ロスの改善に向けたコスト削減活動に注力していくことで」

「② We will prioritise investment aimed at automating and streamlining operations through a review of work processes, transforming the company as a whole into a highly productive organisation.」

「② We will prioritise investment aimed at automating and streamlining operations through a review of work processes, transforming the company as a whole into a highly productive organisation.」

「We also pursued product miniaturisation, component standardisation and material reviews, working to reduce manufacturing costs and develop environmentally conscious products.」

「We worked to improve the efficiency of production activities and take other measures to mitigate the impact of higher copper prices, copper being a key raw material for our products.」

「We worked to improve the efficiency of production activities and take other measures to mitigate the impact of higher copper prices, copper being a key raw material for our products.」

「We worked to improve the efficiency of production activities and take other measures to mitigate the impact of higher copper prices, copper being a key raw material for our products.」

「We worked to improve the efficiency of production activities and take other measures to minimise the impact of higher copper prices, copper being a key raw material for our products.」

「The company also worked to minimize the impact of the sharp rise in copper prices, a key raw material for its products, by improving the efficiency of production activities and through other measures.」

「In the water-supply equipment business, the company focused on supplying products for replacement pipeline construction ordered by water utilities. At the same time, it developed products with enhanced earthquake resistance and ease of installation, made various products smaller, and standardized components, working to reduce manufacturing costs.」

「We worked to reduce manufacturing costs by making various products smaller and lighter and standardising components.」

「In the water-supply equipment business, while private-sector construction remained sluggish amid the COVID-19 pandemic, the company focused on supplying products for replacement pipeline construction ordered by water utilities. At the same time, it worked to reduce manufacturing costs by making various products smaller and lighter and standardizing components.」

「The annual average copper settlement price, a major raw material, was ¥680,000 per tonne, below the previous year's annual average of ¥740,000 per tonne. Together with efforts to improve production efficiency and streamline operations, this resulted in a gross profit margin of 32.1%, up from 29.7% in the previous consolidated fiscal year.」

「In the housing equipment business, sales of products for detached houses and heating components for gas companies increased, but demand for housing equipment products overall declined after the start of the third quarter due to the consumption tax increase. Sales declined 0.1% year on year to ¥3.682 billion, while segment profit increased 4.6% to ¥782 million, supported by improvements to the production process.」

「In the housing equipment business, sales increased 3.1% year on year to ¥2.455 billion, driven by demand development among homebuilders and increased heating components for gas companies. Segment profit increased 10.0% to ¥526 million, supported by improvements to the production process.」

「In the housing equipment business, sales increased 2.7% year on year to ¥1.201 billion, driven by demand development among mid-sized homebuilders and increased heating components for gas companies. Segment profit increased 11.3% to ¥253 million, supported by improvements to the production process.」

「Through improvements to the production process and cost reductions from consolidating logistics bases, as well as reductions in fixed costs in indirect departments, we were able to exceed the initial profit target of ordinary profit of ¥2.485 billion.」

「• Development of an efficient production system」

「• Development of an efficient production system」

「Building an efficient production system」

「2. We will establish a robust earnings base less susceptible to fluctuations in the prices of key raw materials by building efficient production and logistics systems.」

「We also worked to reduce manufacturing costs and company-wide indirect expenses.」

「We also worked to reduce manufacturing costs and company-wide indirect expenses.」

「Under these conditions, our group actively promoted nationwide sales of highly earthquake-resistant water supply equipment products, as well as sales activities for housing equipment products for apartment buildings and other applications. We also worked to reduce manufacturing costs and company-wide indirect expenses.」

「Under these conditions, our group actively promoted sales of highly earthquake-resistant water supply equipment products as part of efforts to support reconstruction in areas affected by the earthquake. We also implemented measures including cost reductions through a review of the production system and improved operating efficiency through updates to the production system.」

「We have also implemented measures including cost reductions through product improvements and improved operating efficiency through updates to the production system.」

「We have also implemented measures including cost reductions through product improvements and improved operating efficiency through updates to the production system.」

「We have also achieved cost reductions through product improvements and improved operating efficiency by updating the production system.」

「To minimise the impact of fluctuations in raw material prices on selling prices, we will work to improve production technology and stabilise our earnings base.」