Sanoh Industrial (6584) · InitiativeRestated
Cost Reduction in Corporate Functions
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2021.
2entries
3years
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Improving Profitability by Selecting and Organizing Low-Margin Projects and Managing Costs Across the CompanyA theme 402 companies write about · 3 as a headwind · 427 as a tailwind
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Showing 14 of the 188 companies compared. The sentences above are computed from all 188.Comparing 200 of the theme's 430 threads.Full recordFilings, disclosures and news, newest first
- FY2021RestatedAnnual report
「From July 2020 onward, profit levels recovered significantly, supported by a recovery in sales accompanying the recovery in production volumes, the effects of fixed-cost reductions in each region, improved profitability through the withdrawal from unprofitable sites in China, and the effects of structural reforms undertaken in Europe in the previous fiscal year.」
The Company continued to reduce fixed costs, including at headquarters and in each region, and sought to restore profits together with structural reforms and the restructuring of unprofitable sites. - FY2019First statedAnnual report
「In addition, because the increase in costs at the corporate functions of the head office is putting pressure on profits, we will work to reduce costs.」
The Company identified increased costs at the head-office corporate functions as a factor putting pressure on profits and set out a policy of pursuing cost reductions.