Shift from an emphasis on scale and sales growth to quality, added value and productivity
First written in FY2019. 8 of 12 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-05-28.
The whole theme swung hardest in 2020: 7 of 19 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- 2026-05-28AdvancedEarnings presentation
「We are pursuing a fundamental improvement in productivity through BPR and automation, and strengthening earnings power through appropriate price pass-through and communicating value.」
The profitability-focused policy was made specific, with BPR and automation as means of improving productivity and price pass-through and value communication as pricing measures. - FY2024AdvancedAnnual report
「Although the impact of higher raw material prices, freight costs, labor costs and energy costs continued, profitability improved as a result of price pass-through and the stabilization of operating conditions. Operating profit was ¥8.053 billion, up 509.7% from the previous fiscal year, exceeding the previous fiscal year's level.」
As high costs continued, improved profitability through price pass-through and the stabilization of operating conditions was reflected in a substantial increase in full-year operating profit. - FY2024-Q3AdvancedAnnual report
「Although the impact of higher raw material prices, freight costs, labor costs and energy costs continued, profitability improved as a result of price pass-through and the stabilization of operating conditions. Operating profit increased substantially to ¥5.499 billion, compared with an operating loss of ¥278 million in the same period of the previous year, while ordinary profit increased substantially to ¥5.122 billion, up 1,455.9% year on year.」
As high costs continued, improved profitability through price pass-through and the stabilization of operating conditions was reflected in substantial improvements in overall operating and ordinary profit. - FY2024-Q1AdvancedAnnual report
「Regarding profit, although the impact of higher raw material prices, freight and labor costs, and energy costs continued, profitability improved as price pass-through progressed and operating conditions stabilized. As a result, operating income increased to ¥1,112 million, up 737.1% year on year, and ordinary income increased to ¥1,054 million, up 172.0%.」
Even as high costs continued, improved profitability through the pass-through of prices and the stabilization of operating conditions was reflected in higher operating profit overall. - FY2022-Q2AdvancedAnnual report
「Although freight costs rose amid supply-chain disruptions and raw material market conditions deteriorated, operating profit was ¥3.416 billion, compared with an operating loss of ¥2.480 billion in the same period of the previous year, and ordinary profit was ¥3.679 billion, compared with an ordinary loss of ¥2.387 billion, due to the effect of higher revenue and continued benefits from fixed-cost reductions implemented from the previous year.」
Despite the impact of supply chain disruptions and deteriorating raw material market conditions, the effects of higher revenue and fixed-cost reductions led to a turnaround from operating and ordinary losses to operating and ordinary profit. - FY2022-Q1AdvancedAnnual report
「In addition to the recovery in sales from the decline caused by COVID-19, the continuing effects of fixed-cost reductions through rationalization, including workforce controls and productivity improvements, resulted in operating profit of ¥2.059 billion, compared with an operating loss of ¥983 million in the same period of the previous year.」
The recovery in sales from the impact of the infectious disease and the continued reduction of fixed costs through workforce controls and productivity improvements led to a turnaround from an operating loss to an operating profit overall. - FY2021ReframedAnnual report
「① Deepening existing businesses Establish an overwhelmingly profitable, high-quality foundation in the automotive market」
The policy shift from the previous focus on scale and sales growth to a focus on quality and value-added productivity was reorganized as a medium-term management policy aimed at establishing a highly profitable, high-quality foundation for existing businesses. - FY2021-Q2RestatedAnnual report
「Although the company worked to reduce fixed costs through rationalization, including workforce controls and productivity improvements, this was insufficient to offset the impact of lower operating rates accompanying reduced sales due to the infectious disease and other factors.」
The company continued to control its workforce, improve productivity and reduce fixed costs, but these measures were insufficient to offset the decline in sales and operating rates caused by the infectious disease. - FY2021-Q1RestatedAnnual report
「Although the company worked to reduce fixed costs through rationalization, including workforce controls and productivity improvements, this was insufficient to offset the impact of lower operating rates accompanying reduced sales due to the infectious disease and other factors. Profit declined substantially year on year, resulting in an operating loss of ¥983 million, compared with operating profit of ¥1.574 billion in the same period of the previous year.」
The company continued to control its workforce, improve productivity and reduce fixed costs, but these measures were insufficient to offset the decline in sales and operating rates caused by the infectious disease. - FY2020-Q3AdvancedAnnual report
「In addition to contributions from the launch of new mass-produced products in China and the United States, efforts to reduce quality losses and fixed costs, mainly in Japan and Europe, resulted in higher revenue and profit overall.」
The implementation of measures to reduce quality losses and fixed costs contributed to higher revenue and profit overall in the reported results. - FY2020-Q2AdvancedAnnual report
「In addition to generally solid orders from customers, mainly in Japan and China, the launch of new mass-produced products in the United States and elsewhere contributed to results. Efforts to strengthen profitability, including reducing quality losses and fixed costs, also resulted in higher revenue and profit overall.」
Measures to strengthen profitability, including reducing quality losses and fixed costs, were cited as one of the factors behind higher revenue and profit overall. - FY2019First statedAnnual report
「The decline in value-added productivity due to the previous management policy that placed excessive emphasis on scale and delays in internal training, as well as the decline in quality assurance capabilities due to a management policy focused on sales growth, were also factors behind the deterioration in performance. Based on this, under the following global business policies established in fiscal 2019, we will work with the participation of all employees to improve value-added productivity and quality, with the aim of reducing in-process defect rates through thorough implementation of built-in quality and concurrent engineering.」
The company explained that its previous focus on scale and sales growth had contributed to declines in quality assurance capabilities and value-added productivity, and has shifted its emphasis to quality and productivity.