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Nippon Avionics (6946) · InitiativeAdvancedLatest Earnings (2026-07-30): "Restated"

QCD Improvement (Quality, Cost and Delivery)

First written in FY2016. 20 of 38 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-07-30.

38entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2019-Q3AdvancedFY2021-Q1 – FY2022RestatedFY2024-Q2 – FY2025-H12016: 320162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Improving Overall Competitiveness and Profitability through QCDS EnhancementA theme 66 companies write about · 0 as a headwind · 68 as a tailwind

32 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 66 companies compared. The sentences above are computed from all 66.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-30RestatedEarnings

    「Under these conditions, the Group worked to enhance customer value and expand orders and sales by strengthening its technological capabilities to create new products and solutions, its manufacturing capabilities to improve QCD, and its planning capabilities to identify market trends and introduce products to the market in a timely manner.」

    The Group reiterated its policy of expanding customer value, orders and sales by strengthening its technological, manufacturing and planning capabilities, including its ability to improve QCD.
  2. FY2026AdvancedAnnual report

    「Under these conditions, the corporate group worked to enhance customer value and expand orders and revenue by strengthening technological capabilities to create new products and solutions, manufacturing capabilities to improve QCD, and planning capabilities to launch products promptly in response to market trends.」

    The company strengthened its technological capabilities, manufacturing capabilities to improve QCD, and planning capabilities, resulting in increases in company-wide order intake, revenue, and operating profit.
  3. FY2026-H1AdvancedAnnual report

    「Under these circumstances, the group worked to expand orders and revenue and enhance customer value by strengthening its technological capabilities to create new products and solutions, manufacturing capabilities to improve QCD, and planning capabilities to launch products promptly in response to market trends. As a result, consolidated revenue for the interim consolidated accounting period was ¥12,703 million, up 39.5% year on year, and operating profit was ¥1,977 million, up ¥828 million year on year.」

    The company strengthened its technological capabilities, manufacturing capabilities to improve QCD, and planning capabilities, resulting in company-wide revenue and operating profit exceeding the previous year's levels. Measurable progress was shown in strengthening manufacturing capabilities, including QCD improvement.
  4. FY2025AdvancedAnnual report

    「Under these circumstances, the corporate group worked to enhance competitiveness and expand orders and revenue by strengthening R&D capabilities to create new products and solutions, manufacturing capabilities to improve QCD, and marketing capabilities to acquire new customers. ... As a result of the improved cost ratio, gross profit was ¥6,637 million, up 15.9% year on year, and the gross profit margin was 33.0%.」

    The company continued to strengthen manufacturing capabilities to improve QCD and maintain quality control. Improved cost ratios resulted in a 33.0% gross profit margin and gross profit of ¥6,637 million.
  5. FY2025-H1RestatedAnnual report

    「The group worked to enhance competitiveness and expand orders and revenue by strengthening R&D capabilities to create new products and solutions, manufacturing capabilities to improve QCD, and marketing capabilities to acquire new customers, while reinforcing quality control through audits based on the three actualities principle.」

    The company continued to strengthen manufacturing capabilities to improve QCD and reinforce quality control through audits based on the three actualities principle.
  6. FY2024RestatedAnnual report

    「QCD improvement activities have produced results. By continuing to pursue them, the company will further improve profitability, strengthen its manufacturing capabilities, and enhance competitiveness.」

    The company indicated that QCD improvement had produced results and reconfirmed its policy of continuing the initiative.
  7. FY2024-Q3RestatedAnnual report

    「Under these circumstances, the corporate group continued to work to enhance competitiveness by strengthening R&D capabilities to create new products and solutions, manufacturing capabilities to improve QCD, and marketing capabilities to acquire new customers, while reinforcing quality control through audits based on the three actualities principle.」

    The company continued to strengthen manufacturing capabilities to improve QCD and reinforce quality control through audits based on the three actualities principle.
  8. FY2024-Q2RestatedAnnual report

    「Under these circumstances, the corporate group worked to strengthen competitiveness by enhancing R&D capabilities to create new products and solutions, manufacturing capabilities to improve QCD, and marketing capabilities to acquire new customers, while reinforcing quality control through audits based on the three actualities principle to prevent quality problems.」

    The company continued to strengthen R&D capabilities, manufacturing capabilities to improve QCD, marketing capabilities, and quality control through audits based on the three actualities principle. No new achievement milestones were described.
  9. FY2024-Q1AdvancedAnnual report

    「Under these circumstances, the corporate group continued to strengthen production engineering capabilities, establish processes for improvement, and reinforce quality control through audits based on the three actualities principle (actual place, actual thing, and actual situation), while working to reduce costs and improve manufacturing capabilities. As a result, consolidated revenue was ¥3,605 million, up 10.5% year on year, operating profit was ¥275 million, up ¥243 million, and ordinary profit was ¥268 million, up ¥242 million.」

    The company continued to strengthen production engineering capabilities, establish improvement processes, and reinforce quality control through audits based on the three actualities principle. As a result, company-wide operating profit increased by ¥243 million year on year to ¥275 million.
  10. FY2023AdvancedAnnual report

    「At the company-wide level, the company strengthened production engineering capabilities, established processes for continuous improvement, and reinforced quality control through audits based on the three actualities principle, while working to reduce costs and improve manufacturing capabilities.」

    The company strengthened production engineering capabilities, established continuous improvement processes, and reinforced quality control through audits based on the three actualities principle. The cost of sales ratio improved by 0.9% year on year, indicating tangible results from QCD improvement.
  11. FY2023-Q3AdvancedAnnual report

    「Efforts to secure orders for large-scale projects and other work resulted in a substantial increase in information systems order intake to ¥11,351 million, up 76.1% year on year, and order backlog to ¥11,061 million, up 95.1%. Revenue also increased to ¥8,634 million, up 6.6% year on year, while efforts to improve costs raised segment profit by ¥465 million year on year to ¥976 million.」

    Cost improvements increased information systems segment profit by ¥465 million year on year to ¥976 million. Order intake, order backlog, and revenue also increased, indicating tangible progress in improving profitability through QCD improvement.
  12. FY2023-Q2AdvancedAnnual report

    「Revenue was ¥4,950 million, down 8.9% year on year, because the second half was more heavily weighted than in the previous year. As a result of efforts to improve costs, segment profit was ¥425 million, an increase of ¥95 million year on year.」

    Cost improvements increased information systems segment profit by ¥95 million year on year to ¥425 million. Revenue declined because of the greater weighting toward the second half.
  13. FY2023-Q1RestatedAnnual report

    「Although cost improvements had an effect, consolidated operating profit declined by ¥292 million year on year to ¥32 million, and ordinary profit declined by ¥289 million year on year to ¥26 million.」

    The effects of cost improvements were recognized, but operating profit and ordinary profit declined from the previous year. The company indicated that QCD and cost improvement activities would continue, but no new achievement milestones were described.
  14. FY2022AdvancedAnnual report

    「Both order intake and revenue in the information systems segment declined because of a gap between major projects. However, the results of its ongoing QCD (quality, cost, and delivery) improvement activities to enhance profitability became significant, and segment profit increased.」

    Information systems revenue declined, but segment profit increased by ¥613 million year on year to ¥780 million as a result of QCD improvement activities.
  15. FY2022-Q3AdvancedAnnual report

    「Order intake in the information systems segment declined because of a gap between major projects. However, the results of its ongoing QCD (quality, cost, and delivery) improvement activities to enhance profitability became significant, and segment profit increased despite lower revenue. Revenue for the segment declined by ¥1,079 million year on year to ¥8,098 million, down 11.8%, while segment profit increased by ¥423 million year on year to ¥511 million.」

    The results of QCD improvement activities became significant, and segment profit increased by ¥423 million year on year to ¥511 million despite an 11.8% decline in information systems revenue.
  16. FY2022-Q2AdvancedAnnual report

    「Order intake in the information systems segment declined because of a gap between major projects. However, the results of its ongoing QCD (quality, cost, and delivery) improvement activities to enhance profitability steadily emerged, and segment profit improved. Revenue for the segment declined by ¥163 million year on year to ¥5,432 million, down 2.9%, while segment profit improved by ¥417 million year on year to ¥329 million.」

    The results of QCD improvement activities steadily emerged, and information systems segment profit improved by ¥417 million year on year to ¥329 million.
  17. FY2022-Q1AdvancedAnnual report

    「Order intake in the information systems segment declined because of a gap between major projects. However, the segment continued QCD (quality, cost, and delivery) improvement activities to enhance profitability, resulting in improved segment profit. Revenue for the segment was ¥2,797 million, an increase of ¥588 million year on year, up 26.7%, while segment profit was ¥227 million, an improvement of ¥396 million year on year.」

    The company continued QCD improvement activities. Information systems revenue increased 26.7% year on year, and segment profit turned around from a ¥168 million loss in the previous year to a profit of ¥227 million.
  18. FY2021AdvancedAnnual report

    「The information systems segment further promoted integrated sales and manufacturing order-acquisition activities through the consolidation of business locations, while continuing QCD (quality, cost, and delivery) improvement activities to enhance profitability. As a result, order intake and segment profit increased despite the lack of growth in domestic procurement by the Ministry of Defense.」

    The company consolidated business locations and advanced QCD improvement. Information systems revenue was ¥12,396 million and segment profit was ¥166 million despite the lack of growth in domestic procurement by the Ministry of Defense.
  19. FY2021-Q3AdvancedAnnual report

    「Amid sluggish domestic procurement by the Ministry of Defense, the information systems segment focused on securing orders and pursued QCD (quality, cost, and delivery) improvement activities to enhance profitability. As a result, revenue increased and, together with efforts to reduce various expenses, segment profit and loss improved substantially. Revenue for the segment was ¥9,178 million, up 11.5% year on year. Segment profit was ¥88 million, an improvement of ¥281 million year on year.」

    The company pursued QCD improvement, order acquisition, and reductions in various expenses. Information systems revenue increased 11.5% year on year, and segment profit improved from a loss in the previous year to ¥88 million.
  20. FY2021-Q2AdvancedAnnual report

    「Amid sluggish domestic procurement by the Ministry of Defense, the information systems segment pursued QCD (quality, cost, and delivery) improvements and activities aimed at increasing gross profit from the time of order acceptance to improve profitability. As a result, segment profit and loss improved despite lower revenue. Revenue for the segment was ¥5,596 million, down 0.8% year on year. The segment recorded a loss of ¥87 million, an improvement of ¥15 million year on year.」

    The company continued QCD improvement and activities aimed at increasing gross profit from the time of order acceptance. The information systems segment loss improved by ¥15 million year on year, although a loss of ¥87 million remained.
  21. FY2021-Q1AdvancedAnnual report

    「Consolidated profit and loss improved due to higher revenue and efforts to reduce various expenses. The operating loss improved by ¥230 million year on year to ¥40 million, while the ordinary loss improved by ¥197 million year on year to ¥84 million.」

    The company continued to reduce various expenses, and combined with higher revenue, this improved the operating loss and ordinary loss by ¥230 million and ¥197 million, respectively, year on year. However, losses were still recorded.
  22. FY2020RestatedAnnual report

    「The QCD (quality, cost, and delivery) improvement activities that the company has focused on to date have produced certain results, and it will continue to pursue them.」

    The company indicated that QCD improvement had produced certain results and reconfirmed its policy of continuing the initiative. Maximizing gross profit and reducing risk by finalizing specifications before receiving orders has been detailed separately.
  23. FY2020-Q3AdvancedAnnual report

    「Although revenue declined, efforts to improve costs and reduce various expenses resulted in an operating loss of ¥568 million, an improvement of ¥169 million year on year, and an ordinary loss of ¥601 million, an improvement of ¥190 million year on year.」

    The company continued to improve costs and reduce various expenses, improving the operating loss by ¥169 million and the ordinary loss by ¥190 million despite the decline in revenue. However, losses remained at both the operating and ordinary profit levels.
  24. FY2020-Q2AdvancedAnnual report

    「Regarding profit and loss, although revenue declined, efforts to improve costs and reduce various expenses resulted in an operating loss of ¥356 million, an improvement of ¥240 million year on year, and an ordinary loss of ¥376 million, an improvement of ¥250 million year on year.」

    The company continued to improve costs and reduce various expenses, improving the operating loss by ¥240 million and the ordinary loss by ¥250 million despite the decline in revenue. However, losses were still recorded, and the measures did not achieve a return to profitability.
  25. FY2020-Q1AdvancedAnnual report

    「Regarding profit and loss, although revenue declined, efforts to improve costs and reduce various expenses resulted in an operating loss of ¥271 million, an improvement of ¥304 million year on year, and an ordinary loss of ¥282 million, an improvement of ¥319 million year on year.」

    Cost improvements and reductions in various expenses improved the operating loss by ¥304 million and the ordinary loss by ¥319 million despite the decline in revenue.
  26. FY2019AdvancedAnnual report

    「As a result of the improved cost ratio, gross profit was ¥3,880 million, up 0.2% year on year, and the gross profit margin was 22.2%. Selling, general and administrative expenses declined by ¥630 million year on year to ¥3,950 million.」

    Improved cost ratios and a ¥630 million reduction in selling, general and administrative expenses led to a slight increase in gross profit despite the decline in revenue, while the operating loss improved by ¥638 million from the previous year.
  27. FY2019-Q3RestatedAnnual report

    「Although domestic procurement by the Ministry of Defense remained sluggish, revenue in the information systems segment increased because the opening order backlog was high. The segment recorded a loss due to cost deterioration on some unprofitable projects, but the loss improved through higher revenue and reductions in various expenses.」

    The company continued cost improvement measures, including reductions in various expenses. The information systems segment loss improved by ¥252 million year on year, although cost deterioration from unprofitable projects remained at the company-wide level.
  28. FY2019-Q2RestatedAnnual report

    「Regarding profit and loss, despite efforts to reduce various expenses, the decline in revenue and cost deterioration on some unprofitable projects resulted in an operating loss of ¥597 million, ¥97 million worse than in the same quarter of the previous year, and an ordinary loss of ¥626 million, ¥98 million worse than in the same quarter of the previous year.」

    The company continued QCD and cost improvement measures, including reductions in various expenses, but could not offset the decline in revenue and cost deterioration on some unprofitable projects, and the operating loss and ordinary loss widened from the previous year.
  29. FY2019-Q1RestatedAnnual report

    「Regarding profit and loss, despite efforts to reduce various expenses, the decline in revenue and the recognition of provisions for expected future losses on projects with deteriorating costs resulted in an operating loss of ¥576 million, ¥207 million worse than in the same quarter of the previous year, and an ordinary loss of ¥601 million, ¥222 million worse than in the same quarter of the previous year.」

    The company continued to reduce various expenses, but the decline in revenue and provisions for projects with deteriorating costs worsened both the operating loss and ordinary loss. Measures to improve QCD continued to be described.
  30. FY2018RestatedAnnual report

    「③ Improvement of QCD (quality, cost, and delivery) and continuation of quality improvement activities, returning to "Avio quality," strengthening cost competitiveness, and improving on-time delivery rates」

    The company continued quality improvement, cost competitiveness, and on-time delivery rate improvement as measures under the medium-term management plan.
  31. FY2018-Q3RestatedAnnual report

    「Regarding earnings, despite efforts to improve costs and other factors, the decline in net sales resulted in an operating loss of ¥671 million, a deterioration of ¥171 million year on year, and an ordinary loss of ¥699 million, a deterioration of ¥141 million.」

    The company continued measures including cost improvements, but could not offset the decline in revenue, and both the operating loss and ordinary loss worsened from the same quarter of the previous year.
  32. FY2018-Q2RestatedAnnual report

    「Regarding earnings, despite efforts to improve costs and other factors, the decline in net sales resulted in an operating loss of ¥499 million, a deterioration of ¥395 million year on year, and an ordinary loss of ¥528 million, a deterioration of ¥378 million.」

    The company continued measures including cost improvements, but could not offset the decline in revenue, and both the operating loss and ordinary loss worsened from the same quarter of the previous year.
  33. FY2018-Q1RestatedAnnual report

    「Regarding profit and loss, despite efforts to improve costs and reduce various expenses, the decline in revenue resulted in an operating loss of ¥368 million, ¥173 million worse than in the same quarter of the previous year, and an ordinary loss of ¥379 million, ¥159 million worse than in the same quarter of the previous year.」

    The company continued to improve costs and reduce various expenses, but could not offset the decline in revenue, and both the operating loss and ordinary loss worsened from the same quarter of the previous year.
  34. FY2017RestatedAnnual report

    「③ Improvement of QCD (quality, cost, and delivery) and continuation of quality improvement activities, returning to "Avio quality," strengthening cost competitiveness, and improving on-time delivery rates」

    QCD improvement was reiterated as a specific measure in the medium-term management plan, clarifying the focus on quality improvement, cost competitiveness, and higher on-time delivery rates.
  35. FY2017-Q3RestatedAnnual report

    「Revenue in the information systems segment declined by ¥2,011 million year on year to ¥7,563 million, down 21.0%, due to the decline in domestic procurement in the defense market. Regarding profit and loss, despite efforts to reduce various expenses, the decline in revenue resulted in a segment loss of ¥280 million, ¥416 million worse than in the same quarter of the previous year.」

    The company continued to reduce various expenses, but could not offset the decline in revenue in the defense market, resulting in a ¥280 million segment loss in information systems.
  36. FY2017-Q2RestatedAnnual report

    「Printed circuit boards for semiconductor high-temperature screening tests for automotive applications performed well. However, partly due to the impact of the "Transfer of the Printed Circuit Board Business" announced on 7 July 2016, revenue declined by ¥205 million year on year to ¥1,367 million, down 13.1%. Regarding profit and loss, despite efforts to reduce costs through improved productivity, the decline in revenue resulted in a segment loss of ¥173 million, ¥30 million worse than in the same quarter of the previous year.」

    The company continued to reduce costs through improved productivity and cut various expenses, but these measures did not offset the decline in revenue during the quarter, resulting in a ¥173 million segment loss in printed circuit boards.
  37. FY2017-Q1AdvancedAnnual report

    「Regarding profit and loss, although revenue declined, the operating loss improved by ¥115 million year on year to ¥195 million, while the ordinary loss improved by ¥108 million year on year to ¥219 million, owing to cost improvements and reductions in various expenses.」

    The effects of cost improvements and reductions in various expenses were reflected in quarterly results, with the operating loss improving by ¥115 million.
  38. FY2016First statedAnnual report

    「To improve QCD (quality, cost, and delivery), enhance customer confidence, and strengthen competitiveness, the company will pursue improvements including quality enhancement and cost reduction.」

    Described measures to improve customer confidence and competitiveness through quality enhancement and cost reduction.
Moved together

"Improving profitability, early elimination of accumulated losses and resumption of dividend payments" moved the same way as this thread, in the same document, in 18 of its 38 moves.

18151412116★123456
  1. ★This thread
  2. 1Improving profitability, early elimination of accumulated losses and resumption of dividend payments18×
  3. 2Changes in Retirement Benefit Obligations and Pension Assets15×
  4. 3Improvement in Operating Profit and Net Income Despite Declining Revenue14×
  5. 4Borrowings and Financial Covenant Breaches12×
  6. 5Capturing demand for bonding equipment for small electronic components and expanding exports11×
  7. 6Restraint on Capital Investment by Private-Sector Customers6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nippon Avionics's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-07-30: "Restated".
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