Cost reduction by all employees
First written in FY2020. 4 of 10 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2022: 4 of 30 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual reportThe current fiscal year's list of key priorities does not directly mention cost reduction by all employees.
- FY2023-Q1AdvancedAnnual report
「In terms of profit, despite higher prices for key materials and increased manufacturing expenses, including electricity costs, operating income was ¥183 million, up 116.3% year on year, an increase of ¥98 million, ordinary income was ¥191 million, up 99.0%, an increase of ¥95 million, and net income attributable to owners of the parent was ¥115 million, up 367.4%, an increase of ¥90 million, owing mainly to improved performance at the Vietnamese subsidiary and in the mounting-related business.」
Despite rising costs, the company recorded operating income of ¥183 million, ordinary income of ¥191 million, and quarterly net income attributable to owners of the parent of ¥115 million, owing to improvements at the Vietnamese subsidiary and in the implementation-related business. - FY2022-Q3AdvancedAnnual report
「In terms of earnings, fixed costs, including depreciation, increased following the start of production at the Vietnamese subsidiary. However, as a result of substantially higher revenue and efforts to strengthen the company's operating foundation through productivity improvement measures and operational efficiency initiatives pursued since the previous fiscal year, operating income was ¥458 million (a ¥531 million year-on-year increase in profit), ordinary income was ¥490 million (a ¥549 million year-on-year increase in profit), and net income for the quarter attributable to owners of the parent was ¥266 million (a ¥528 million year-on-year increase in profit).」
As a result of continuing efforts since the previous fiscal year to strengthen the company's operating foundation through productivity improvement measures and operational efficiency initiatives, the company recorded operating income of ¥458 million, ordinary income of ¥490 million, and quarterly net income attributable to owners of the parent of ¥266 million. - FY2022-Q2AdvancedAnnual report
「In terms of earnings, fixed costs, including depreciation, increased following the start of production at the Vietnamese subsidiary. However, as a result of substantially higher revenue and efforts to strengthen the company's operating foundation through productivity improvement measures and operational efficiency initiatives pursued since the previous fiscal year, operating income was ¥250 million (a ¥423 million year-on-year increase in profit), ordinary income was ¥278 million (a ¥450 million year-on-year increase in profit), and net income for the quarter attributable to owners of the parent was ¥127 million (a ¥462 million year-on-year increase in profit).」
As a result of continuing efforts to strengthen the company's operating foundation through productivity improvement measures and operational efficiency initiatives, the company recorded substantially higher revenue, operating income of ¥250 million, ordinary income of ¥278 million, and quarterly net income attributable to owners of the parent of ¥127 million. - FY2022-Q1AdvancedAnnual report
「In terms of earnings, fixed costs, including depreciation, increased following the start of production at the Vietnamese subsidiary. However, as a result of substantially higher revenue and efforts to strengthen the company's operating foundation through productivity improvement measures and operational efficiency initiatives pursued since the previous fiscal year, operating income was ¥84 million (a ¥193 million year-on-year increase in profit), ordinary income was ¥96 million (a ¥244 million year-on-year increase in profit), and net income for the quarter attributable to owners of the parent was ¥24 million (a ¥153 million year-on-year increase in profit).」
As a result of productivity improvement measures and operational efficiency initiatives pursued since the previous fiscal year, the company recorded operating income of ¥84 million, ordinary income of ¥96 million, and quarterly net income attributable to owners of the parent of ¥24 million. - FY2021RestatedAnnual report
「The benefits of the productivity improvement measures and expense reductions through operational efficiency initiatives pursued in response to sluggish orders, together with progress in quality improvements,」
The company continues to pursue productivity improvements, operational efficiency, and expense reductions in response to sluggish orders, and describes the resulting benefits and progress in quality improvements. - FY2021-Q3RestatedAnnual report
「In terms of earnings, the company had been advancing operational efficiency measures, including productivity improvements, and expense reductions to address sluggish orders, but as revenue declined substantially, operating loss was ¥72 million (a ¥141 million year-on-year decline in profit)」
The company reaffirmed that it is advancing operational efficiency measures, including productivity improvements, and expense reductions in response to sluggish orders. - FY2021-Q2RestatedAnnual report
「In terms of earnings, the company had been advancing operational efficiency measures, including productivity improvements, and expense reductions to address sluggish orders, but as revenue declined substantially, operating loss was ¥173 million (a ¥227 million decline in profit)」
The company reaffirmed that it is advancing operational efficiency measures, including productivity improvements, and expense reductions in response to sluggish orders. - FY2021-Q1RestatedAnnual report
「In terms of earnings, the company advanced measures such as expense reductions to address sluggish orders caused by the spread of COVID-19, but as revenue declined substantially both in Japan and overseas, operating loss was ¥108 million」
The company reaffirmed that it is advancing cost and expense reduction measures, including expense cuts, in response to sluggish orders caused by the COVID-19 pandemic. - FY2020First statedAnnual report
「③ Cost reduction by all employees」
The company identified cost reduction involving all employees for the first time as a key priority for the next period under its new medium-term management plan.