Repair costs and lower productivity associated with manufacturing line and factory renovations
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
The whole theme swung hardest in 2022: 5 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「Other costs also significantly compressed operating profit, due to expenses for improving the manufacturing environment at our manufacturing subsidiary W-SCOPE KOREA CO., LTD., increased variable costs associated with large-volume sample shipments for batteries used in EV and PHEV applications, for which mass production was expected to accelerate from the second half of fiscal 2018, and the production ramp-up of large-scale lines 8 and 9 installed from the third quarter.」
Costs associated with improvements to the manufacturing environment and the production ramp-up of large-scale lines continued to be incurred, compressing operating profit. - FY2017-Q3RestatedAnnual report
「In operating profit, continuing from the second quarter, ① innovation expenses for production lines and the plant」
It states that costs related to production-line and plant upgrades and improvements continued to be incurred from the second quarter. - FY2017-Q2MaterialisedAnnual report
「Repair costs were incurred and productivity declined during the repair period because production lines and the plant continued to be upgraded to improve quality in anticipation of sales to the automotive market from next year onward.」
It states that production-line and plant upgrades in anticipation of sales to the automotive market resulted in repair costs and lower productivity during the repair period.