Operating Losses Due to European Start-up Costs
First written in FY2017-Q1. 12 of 20 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 17 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Cost controls, including lower personnel expenses following factory closures since the previous fiscal year, offset the impact of lower revenue, resulting in operating profit of ¥280 million, compared with an operating loss of ¥118 million in the previous fiscal year.」
Although revenue in Europe continued to decline, the region shifted from an operating loss to operating income through the factory closure and personnel expense reductions. - 2026-05-28MitigatedEarnings presentation
「Europe: Revenue declined because of weak sales to European customers. Operating profit was on an improving trend because personnel costs declined following personnel reductions and one German factory was closed.」
Although weak sales continued to reduce revenue, operating results improved through fixed-cost reductions from personnel reductions and the German factory closure. - FY2022-Q2MitigatedAnnual report
「Although operating income was affected by worsening raw material market conditions, the continuing effects of fixed-cost reductions led to an improvement to ¥526 million, compared with an operating loss of ¥232 million in the same period of the previous year.」
Although Europe was affected by worsening raw material market conditions, the continuing effects of fixed-cost reductions shifted the operating result from an operating loss in the same period of the previous year to operating income. - FY2022-Q1AdvancedAnnual report
「The effects of last year's structural reforms also continued, resulting in operating income of ¥384 million, compared with an operating loss of ¥24 million in the same period of the previous year.」
In Europe, the operating result shifted from an operating loss in the same period of the previous year to operating income, with the continuing effects of structural reforms identified as a factor in the improvement. - FY2021MitigatedAnnual report
「Following the gradual lifting of lockdowns since July 2020, production was recovering. The effects of structural reforms implemented since the previous year, together with fixed-cost reductions including the use of reduced-hours work arrangements, contributed to operating income of ¥772 million, representing a substantial recovery from the operating loss of ¥739 million in the previous period.」
Although revenue in Europe declined due to the impact of the infectious disease, the region shifted from an operating loss in the previous period to full-year operating income through structural reforms, reduced-hours work arrangements and fixed-cost reductions. - FY2021-Q1MitigatedAnnual report
「While the effects of lower costs associated with new production launches and personnel expense reductions emerged, the decline in revenue resulted in an operating loss of ¥24 million.」
Costs associated with new production launches decreased, and the benefits of personnel expense reductions emerged, partially easing the previous pressure on earnings from launch costs. However, lower revenue resulted in an operating loss in Europe. - FY2020-Q3MitigatedAnnual report
「Revenue increased with the ramp-up of new products, while logistics and quality costs were contained. In addition, the effects of reviewing sales prices for unprofitable products and reducing fixed costs, primarily personnel expenses, at the German subsidiary gradually began to emerge, reducing the loss.」
Europe's operating loss narrowed from ¥1,395 million in the same period of the previous year to ¥320 million. The specific improvement factors identified were price revisions for unprofitable products and containment of logistics costs, quality costs and fixed costs. - FY2020-Q2MitigatedAnnual report
「The operating loss decreased as quality costs were reduced and the impact of higher logistics costs was contained.」
Europe's operating loss narrowed from ¥260 million in the same period of the previous year to ¥75 million, helped by lower quality costs and containment of the impact of higher logistics costs. - FY2020-Q1MitigatedAnnual report
「While sales in Germany declined amid the sluggish European market, increased sales associated with higher production volumes from new production launches kept revenue broadly in line with the same period of the previous year at ¥6,335 million, up 0.3% year on year. Operating income was also broadly in line with the same period of the previous year at ¥20 million, down 9.8% year on year, as the impact of lower sales in Germany was offset by a decline in costs related to new production launches, which had risen sharply in the previous period.」
Although domestic sales in Germany declined amid the sluggish European market, Europe's operating result remained profitable as costs related to new production launches decreased. - FY2019WorsenedAnnual report
「Europe: Revenue declined to ¥23,520 million, down 0.6% year on year, due in part to lower passenger vehicle sales by European automakers following the introduction of exhaust emissions and fuel economy testing procedures. In addition to lower profit resulting from the decline in revenue, increased costs related to new production launches resulted in an operating loss of ¥3,230 million, compared with an operating loss of ¥1,020 million in the same period of the previous year.」
In Europe, the operating loss widened from ¥1,020 million in the previous year to ¥3,230 million as revenue declined and costs related to new production launches increased. - FY2019-Q3WorsenedAnnual report
「Revenue declined to ¥17,408 million, down 0.2% year on year, due in part to lower passenger vehicle sales by European automakers following the introduction of exhaust emissions and fuel economy testing procedures. In addition to lower profit resulting from the decline in revenue, increased costs related to new production launches resulted in an operating loss of ¥1,395 million, compared with an operating loss of ¥337 million in the same period of the previous year.」
In Europe, the operating loss widened from ¥337 million in the same period of the previous year to ¥1,395 million as higher costs related to new production launches coincided with lower sales following the introduction of exhaust emissions and fuel economy testing procedures. - FY2019-Q2WorsenedAnnual report
「However, increased costs related to new production launches resulted in an operating loss of ¥260 million, compared with an operating loss of ¥28 million in the same period of the previous year.」
In Europe, revenue continued to increase with new production launches, but the operating loss widened from ¥28 million in the same period of the previous year to ¥260 million as related costs increased. - FY2019-Q1MitigatedAnnual report
「Europe: Revenue increased to ¥6,314 million, up 7.2% year on year, as sales rose with higher production volumes associated with new production launches. However, as costs related to the launches were incurred ahead of the associated revenue, operating income was ¥23 million, down 91.5% year on year.」
Although the front-loading of costs related to new production launches continued, Europe's operating result shifted from an operating loss in the previous year to operating income of ¥23 million. - FY2018-Q3MitigatedAnnual report
「In addition to lower variable costs, including subcontracted processing costs, at the German subsidiary, the recovery of the Russian subsidiary and continued strong performance by the UK subsidiary also contributed, reducing the operating loss to ¥337 million from ¥1,023 million in the previous year and substantially narrowing the deficit.」
Europe's operating loss narrowed from ¥1,023 million in the same period of the previous year to ¥337 million, helped by lower variable costs at the German subsidiary, the recovery of the Russian subsidiary and strong performance by the UK subsidiary. - FY2018-Q2MitigatedAnnual report
「Revenue was ¥11,956 million, up 7.7% year on year, due to increased sales at the German subsidiary. In addition to lower variable costs, including subcontracted processing costs, at the German subsidiary, the recovery of the Russian subsidiary and continued strong performance by the UK subsidiary also contributed, reducing the operating loss to ¥28 million from ¥600 million in the previous year and substantially narrowing the deficit.」
Europe's operating loss narrowed from ¥600 million in the same period of the previous year to ¥28 million, substantially improving the deficit. - FY2018-Q1MitigatedAnnual report
「In addition to lower variable costs, including materials costs, at the German subsidiary, the recovery of the Russian subsidiary and continued strong performance by the UK subsidiary also contributed, resulting in operating income of ¥266 million, compared with an operating loss of ¥58 million in the same period of the previous year.」
Europe, which had posted an operating loss due to production disruptions at the German subsidiary and other factors, returned to operating income as a result of lower variable costs, including materials costs, the recovery of the Russian subsidiary and strong performance by the UK subsidiary. - FY2017WorsenedAnnual report
「Operating income was also affected by higher labor and subcontracting costs resulting from production disruptions involving newly launched products at the German subsidiary, resulting in an operating loss of ¥1,193 million, compared with operating income of ¥56 million in the previous year.」
Production disruptions involving newly launched products at the German subsidiary continued throughout the full year, and Europe's operating result shifted from a profit to a loss of ¥1,193 million. - FY2017-Q3WorsenedAnnual report
「Operating income was also affected by higher labor and subcontracting costs resulting from production disruptions involving newly launched products at the German subsidiary, resulting in an operating loss of ¥1,023 million, compared with operating income of ¥417 million in the previous year.」
Production disruptions involving newly launched products continued, and Europe's operating loss widened from ¥600 million for the cumulative second quarter to ¥1,023 million. - FY2017-Q2WorsenedAnnual report
「In addition to lower revenue, production disruptions involving newly launched products at the German subsidiary increased labor and subcontracting costs, resulting in an operating loss of ¥600 million, compared with operating income of ¥230 million in the previous year.」
In Europe, production disruptions involving newly launched products were newly identified, and the operating loss widened as labor and subcontracting costs increased. - FY2017-Q1MaterialisedAnnual report
「In addition to lower revenue, increased costs related to new production launches at the German subsidiary and other factors resulted in an operating loss of ¥58 million, compared with operating income of ¥207 million in the previous year.」
In Europe, increased costs related to new production launches at the German subsidiary and other factors resulted in an operating loss.