Production Adjustments Based on the Sales Outlook
First written in FY2020-Q2. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.
2 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Although the industrial market saw revenue decline in the third quarter compared with the second quarter due to production adjustments,」
The Company reconfirmed that it had implemented production adjustments. Revenue from the industrial market declined in the third quarter compared with the second quarter. - FY2020-Q3RestatedAnnual report
「Although further cost reductions and expense cuts produced some results, operating profit declined due to lower revenue resulting from the deteriorating external environment, production adjustments made in the first half in light of the outlook for future sales, and higher gold prices.」
The Company reconfirmed that production adjustments in the first half based on the sales outlook were a factor behind the decline in profit. - FY2020-Q2First statedAnnual report
「Operating profit declined because, although initiatives to further reduce costs and cut expenses generally progressed as planned, sales declined due to worsening external conditions, and production adjustments were made in consideration of the sales outlook, among other factors.」
The Company described for the first time the specific business operating measure of making production adjustments based on the future sales outlook.