Earnings improvement through optimization of domestic and overseas production systems
First written in FY2016. 18 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-05.
Cmk moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
6 other companies' latest entry also says "Other".
- FY2026Net sales target achieved; operating profit target missedAnnual report
「For the fiscal year, net sales were ¥100.2 billion, operating profit was ¥2.7 billion, and the operating margin was 2.7%. Compared with the initial plan, sales to major Japanese customers remained solid despite lower sales to major European customers following a shift back toward plug-in hybrid vehicles from electric vehicles amid uncertainty over EV demand, enabling net sales to meet the plan. Operating profit fell short of plan. Utilization at production plants remained low through the first half because of measures to strengthen the quality-control structure, preparations for the full-scale launch of the new Thailand plant and the restructuring of the production system. Although profitability improved significantly in the latest fourth quarter in the second half as higher-value-added products increased and various improvement measures began to bear fruit, the plan was not achieved.」
Net sales of ¥100.2 billion met the ¥96.0 billion plan, while operating profit of ¥2.7 billion fell short of the ¥4.0 billion plan. - FY2026-H1WorsenedAnnual report
「Sales to major Japanese customers remained solid, while the decline in sales to major foreign customers caused by stagnation in the European market eased, resulting in consolidated net sales of ¥47.212 billion for the interim consolidated accounting period, up 2.0% year on year. On the earnings front, operating profit for the interim consolidated accounting period was ¥448 million, down 74.6% year on year, due in part to low utilization at production plants as the company strengthened its quality-control structure and upgraded the production system at its Thailand plant.」
Net sales increased 2.0% year on year, while operating profit declined 74.6% year on year because of low utilization associated with strengthening the quality-control structure and upgrading the production system at the Thailand plant, resulting in deterioration in progress toward improving profitability. - FY2025Net sales target achieved; operating profit target missedAnnual report
「Compared with the initial plan, although orders remained sluggish because the recovery in automotive demand in Asia and Europe was slow amid economic stagnation, including sluggish growth in automobile production due to vehicle-certification issues in Japan and the slowdown in the Chinese economy, sales to the priority driving-safety sector increased and net sales met the plan. Operating profit fell short of plan because utilization at production plants remained low as orders declined.」
For the fiscal year ending March 2025, net sales of ¥95.4 billion met the ¥94.0 billion plan, while operating profit of ¥3.8 billion fell short of the ¥5.0 billion plan. Higher driving-safety sales coexisted with a profit shortfall caused by low plant utilization. - FY2025-H1AdvancedAnnual report
「In terms of earnings, although utilization rates at production plants remained low, operating profit for the interim consolidated accounting period was ¥1,766 million, an increase of 209.2% from the same period of the previous year, due to higher productivity and foreign-exchange effects.」
Although utilization at production plants remained low, operating profit increased 209.2% year on year because of higher productivity and foreign-exchange effects, and progress in improving profitability against the backdrop of optimizing domestic and overseas production structures advanced. - FY2024AdvancedAnnual report
「For the fiscal year, net sales were ¥90.5 billion, operating profit was ¥3.5 billion, the operating margin was 3.9%, and ROE was 6.0%. Compared with the initial plan, sales to the priority powertrain and driving-safety sectors increased, enabling net sales to meet the plan. Operating profit, the operating margin and ROE also exceeded plan, mainly because utilization at production plants improved.」
Operating profit, the operating margin and ROE, as well as net sales, exceeded the initial plan, and progress in improving profitability advanced from the previous fiscal year. - FY2024-Q3Divergence in the recovery of profitability by regionAnnual report
「Sales in the priority powertrain and driving-safety fields drove consolidated revenue to ¥66,970 million for the cumulative third quarter, an increase of 7.1% from the same quarter of the previous year. In terms of earnings, although orders recovered gradually and utilization at production plants was improving, operating profit was ¥2,123 million, down 0.6% year on year, due mainly to the low utilization rate through the cumulative second quarter.」
Sales, orders and production-plant utilization recovered, and net sales increased 7.1%, but operating profit declined 0.6%. Profitability improved in Japan, China, Europe and the United States, while the impact of low utilization remained in Southeast Asia, resulting in divergent profitability improvement by region. - FY2024-Q1WorsenedAnnual report
「Sales in the priority powertrain and driving-safety fields drove consolidated revenue to ¥21,127 million for the cumulative first quarter, an increase of 7.0% from the same quarter of the previous year. In terms of earnings, although orders recovered gradually, operating profit was ¥56 million, down 90.6% year on year, due mainly to low utilization at production plants resulting from the decline in orders in the previous fiscal year.」
Sales and orders in the priority sectors recovered, but operating profit fell 90.6% year on year because of low utilization at production plants following the decline in orders in the previous fiscal year, and progress in improving profitability through the optimization of the production structure deteriorated. - FY2023WorsenedAnnual report
「For the fiscal year, net sales were ¥83.8 billion, operating profit was ¥2.6 billion, the operating margin was 3.1%, and ROE was 2.9%. Compared with the initial plan, sales to the priority powertrain and driving-safety sectors increased, and net sales met the plan. However, operating profit, the operating margin and ROE fell short of plan, mainly because of lower utilization at production plants and higher energy prices.」
Net sales met the initial plan, while operating profit, the operating margin and ROE fell short of plan, and progress in improving profitability deteriorated. - FY2023-Q3AdvancedAnnual report
「Despite the challenging business environment, the Group increased sales in its focus areas, including powertrains and driving safety systems, resulting in consolidated net sales of ¥62,555 million for the cumulative third quarter, up 3.9% year on year. In terms of earnings, operating income for the cumulative third quarter was ¥2,136 million, up 26.8% year on year, due to higher net sales, production efficiency improvements and foreign-exchange movements, among other factors.」
Due to higher sales in focus areas and production efficiency improvements, net sales increased 3.9% and operating income increased 26.8% year on year, indicating progress in earnings improvement. - FY2023-Q2AdvancedAnnual report
「Amid a challenging business environment, sales in the priority powertrain and driving-safety fields increased, resulting in consolidated revenue of ¥40,988 million for the cumulative second quarter, an increase of 6.0% from the same quarter of the previous year. In terms of earnings, operating profit was ¥1,245 million, up 212.1% year on year, due to the increase in revenue, improved production efficiency and foreign-exchange movements.」
The recovery in operating income continued due to higher sales in focus areas and production efficiency improvements. Net sales increased 6.0% and operating income increased 212.1% year on year, but profit declined in Japan due to lower plant utilization, indicating differences in improvement by region. - FY2023-Q1AdvancedAnnual report
「(China) Sales for automotive applications increased due in part to higher vehicle sales in China, resulting in net sales of ¥4,502 million, up 24.5% year on year. In terms of earnings, segment income was ¥432 million, compared with segment income of ¥2 million in the same quarter of the previous year, due to higher net sales and improved production efficiency, among other factors. (Southeast Asia) Sales for automotive applications increased due in part to higher vehicle sales in Thailand, resulting in net sales of ¥3,390 million, up 2.8% year on year. In terms of earnings, segment income was ¥378 million, compared with a segment loss of ¥10 million in the same quarter of the previous year, due to higher net sales, the depreciation of the Thai baht against the US dollar and improved production efficiency, among other factors.」
Sales for automotive applications increased in China and Southeast Asia, and segment income in both regions improved due to higher production efficiency and other factors. Japan posted lower sales and lower profit, as did Europe and the Americas, indicating that improvement across Japan and overseas varied by region. - FY2022AdvancedAnnual report
「In terms of earnings, despite the impact of higher raw material costs, operating income was ¥3,021 million, compared with an operating loss of ¥1,676 million in the same period of the previous year, due to higher net sales and improved production efficiency. In addition, ordinary income was ¥3,305 million, compared with an ordinary loss of ¥1,511 million in the same period of the previous year, and net income attributable to owners of the parent was ¥2,785 million, compared with a net loss attributable to owners of the parent of ¥1,868 million in the same period of the previous year, due in part to higher operating income.」
Due to the recovery in sales for automotive applications and improved production efficiency, operating income, ordinary income and net income attributable to owners of the parent all recovered from losses in the previous year to profit. - FY2022-Q3AdvancedAnnual report
「The Group increased sales for automotive applications, and consolidated net sales for the cumulative third quarter were ¥60,189 million, up 19.7% year on year. In terms of earnings, despite the impact of higher raw material costs, operating income for the cumulative third quarter was ¥1,685 million, compared with an operating loss of ¥2,017 million in the same quarter of the previous year, due to higher net sales and improved production efficiency.」
Due to higher sales for automotive applications and improved production efficiency, operating income recovered from a loss in the same period of the previous year to profit. Domestic fixed-cost reductions and improved production efficiency in Southeast Asia also contributed to earnings improvement in each segment. - FY2022-Q2AdvancedAnnual report
「Sales for automotive applications increased, resulting in consolidated revenue of ¥38,677 million for the cumulative second quarter, an increase of 20.5% from the same quarter of the previous year. In terms of earnings, despite the effects of higher raw-material costs, operating profit for the cumulative second quarter was ¥399 million, compared with an operating loss of ¥1,560 million in the same quarter of the previous year, due mainly to the increase in revenue.」
Against the backdrop of higher sales for automotive applications and fixed-cost reductions, net sales increased 20.5% year on year, and operating income recovered from a loss in the same period of the previous year to ¥399 million in operating income. Earnings improvement through optimization of domestic and overseas production structures progressed. - FY2022-Q1AdvancedAnnual report
「Sales for automotive applications increased, resulting in consolidated revenue of ¥19,481 million for the cumulative first quarter, an increase of 18.5% from the same quarter of the previous year. In terms of earnings, operating profit for the cumulative first quarter was ¥221 million, compared with an operating loss of ¥546 million in the same quarter of the previous year, due mainly to the increase in revenue.」
Net sales increased 18.5% year on year due to higher sales for automotive applications, and operating income changed from a loss in the same period of the previous year to ¥221 million in operating income. Earnings improvement against the backdrop of optimized domestic and overseas production structures recovered. - FY2021WorsenedAnnual report
「Although the company promoted fixed-cost reductions and other measures, operating income decreased by ¥3,278 million from the previous fiscal year due in part to lower sales, resulting in an operating loss of ¥1,676 million.」
Although the company advanced fixed-cost reductions and other measures, operating income decreased by ¥3,278 million from the previous fiscal year due to lower sales and changed to an operating loss. Earnings improvement through optimization of the production structure deteriorated further. - FY2021-Q3WorsenedAnnual report
「The Group's sales for automotive applications declined, and consolidated net sales for the cumulative third quarter were ¥50,304 million, down 20.6% year on year. In terms of earnings, although the company continued to reduce fixed costs and implement other measures, operating income for the cumulative third quarter was an operating loss of ¥2,017 million, compared with operating income of ¥1,375 million in the same quarter of the previous year, due in part to lower net sales.」
Although fixed-cost reductions and other measures continued, net sales declined 20.6% year on year due to lower sales for automotive applications, and operating income changed from profit in the same period of the previous year to an operating loss of ¥2,017 million, further worsening the earnings improvement results. - FY2021-Q2WorsenedAnnual report
「Sales for automotive applications declined, resulting in consolidated revenue of ¥32,100 million for the cumulative second quarter, a decrease of 25.3% from the same quarter of the previous year. In terms of earnings, despite continued efforts to reduce fixed costs and other measures, operating loss for the cumulative second quarter was ¥1,560 million, compared with operating profit of ¥715 million in the same quarter of the previous year, due mainly to the decline in revenue.」
Although the company continued to reduce fixed costs and implement other measures, net sales declined 25.3% year on year due to lower sales for automotive applications, and operating income changed from profit in the same period of the previous year to an operating loss of ¥1,560 million, indicating a deterioration in earnings improvement through optimization of domestic and overseas production structures. - FY2021-Q1WorsenedAnnual report
「Sales for automotive applications declined, resulting in consolidated revenue of ¥16,441 million for the cumulative first quarter, a decrease of 22.9% from the same period of the previous year. In terms of earnings, despite efforts to reduce fixed costs and other measures, operating loss for the cumulative first quarter was ¥546 million, compared with operating profit of ¥144 million in the same period of the previous year, due mainly to the decline in revenue.」
Although the company continued to reduce fixed costs and implement other measures, net sales declined 22.9% year on year due to lower sales for automotive applications, and operating income changed from profit in the same period of the previous year to an operating loss of ¥546 million, indicating a deterioration in earnings improvement. - FY2020-Q3WorsenedAnnual report
「The Group increased sales for automotive applications, but sales of communications-related equipment, amusement products and other items declined. Consolidated net sales for the cumulative third quarter were ¥63,383 million, down 6.4% year on year. In terms of earnings, operating income for the cumulative third quarter was ¥1,375 million, down 52.9% year on year, due in part to lower net sales and a decline in utilization at domestic production plants.」
Although sales for automotive applications increased and productivity improvement initiatives continued, net sales and operating income fell below the same period of the previous year due to lower sales in non-automotive fields and lower utilization at domestic production plants. - FY2020-Q2WorsenedAnnual report
「The Group increased sales for automotive applications, but sales of communications-related equipment, amusement products and other items declined. Consolidated net sales for the cumulative second quarter were ¥42,981 million, down 4.0% year on year. In terms of earnings, operating income for the cumulative second quarter was ¥715 million, down 60.0% year on year, due in part to lower net sales and a decline in utilization at domestic production plants.」
Although the company advanced optimization of its production structure and productivity improvements, operating income declined 60.0% year on year due to lower sales in non-automotive fields and lower utilization at domestic production plants. - FY2020-Q1WorsenedAnnual report
「The Group increased sales for automotive applications, but sales of communications-related equipment, amusement products and other items declined. Consolidated net sales for the cumulative first quarter were ¥21,311 million, down 3.5% year on year. In terms of earnings, operating income for the cumulative first quarter was ¥144 million, down 81.0% year on year, due in part to lower net sales and a decline in utilization at domestic production plants.」
Despite progress in earnings improvement, net sales and operating income fell below the same period of the previous year due to declining sales of communications-related equipment, amusement products and other items, as well as lower utilization at domestic production plants. - FY2019WorsenedAnnual report
「For the fiscal year, net sales were ¥90.2 billion, operating income was ¥3.7 billion, the operating margin was 4.2% and ROE was 3.8%. Although net sales met the initial plan, operating income, the operating margin and ROE fell below plan.」
Net sales met the plan, but operating income, the operating margin and ROE fell below the initial plan, and the earnings improvement results deteriorated. - FY2019-Q3Deterioration in earnings improvementAnnual report
「The Group continued to receive more orders, mainly for automotive applications, and invested in equipment to expand production capacity while improving productivity. As a result, consolidated net sales for the cumulative third quarter were ¥67,734 million, up 5.4% year on year. In terms of earnings, the appreciation of the Chinese yuan and Thai baht against the US dollar weighed on performance in China and Southeast Asia. As a result, operating income for the cumulative third quarter was ¥2,919 million, down 11.9% year on year.」
Although investment in equipment to expand production capacity and productivity improvements continued, earnings improvement deteriorated from the same period of the previous year as the appreciation of the currencies weighed on earnings in China and Southeast Asia. - FY2019-Q2Deterioration in earnings improvementAnnual report
「The Group continued to receive more orders, mainly for automotive applications, and invested in equipment to expand production capacity while improving productivity. As a result, consolidated net sales for the cumulative second quarter were ¥44,769 million, up 6.6% year on year. In terms of earnings, the appreciation of the Chinese yuan and Thai baht against the US dollar weighed on performance in China and Southeast Asia. As a result, operating income for the cumulative second quarter was ¥1,791 million, down 16.2% year on year.」
Investment in equipment to expand production capacity and productivity improvements continued, but the appreciation of the Chinese yuan and Thai baht weighed on performance in China and Southeast Asia, resulting in a 16.2% year-on-year decline in operating income. - FY2019-Q1Deterioration in earnings improvementAnnual report
「The Group continued to receive more orders, mainly for automotive applications, and invested in equipment to expand production capacity while improving productivity. As a result, consolidated net sales for the cumulative first quarter were ¥22,076 million, up 6.1% year on year. In terms of earnings, the appreciation of the Chinese yuan and Thai baht against the US dollar, among other factors, weighed on earnings in China and Southeast Asia, resulting in operating income of ¥760 million for the cumulative first quarter, down 32.6% year on year.」
Investment in equipment to expand production capacity and productivity improvements continued, but operating income declined 32.6% year on year as the appreciation of the Chinese yuan and Thai baht weighed on earnings. - FY2018AdvancedAnnual report
「In terms of earnings, although the company was affected by higher material prices, it simultaneously expanded production capacity and improved productivity, resulting in steady earnings improvement. Operating income was ¥4,266 million, up 60.9% year on year.」
The company expanded production capacity and improved productivity simultaneously, increasing operating income by 60.9% year on year despite the impact of higher material prices. - FY2018-Q3AdvancedAnnual report
「In terms of profit, although higher raw material prices had an impact, the simultaneous expansion of production capacity and improvement of productivity led to steady progress in earnings improvement, and operating profit for the 9-month period ended 31 December was ¥3,315 million, up 110.7% year on year.」
By expanding production capacity and improving productivity simultaneously, the company increased operating income by 110.7% year on year despite the impact of higher raw material prices. - FY2018-Q2AdvancedAnnual report
「In terms of earnings, although earnings were affected by higher raw-material prices, operating profit for the cumulative second quarter was ¥2,136 million, an increase of 148.4% from the same period of the previous year, as all domestic and overseas plants maintained high utilization rates and earnings improvement progressed through higher productivity.」
The company maintained high utilization at plants in Japan and overseas and improved earnings by raising productivity, resulting in a 148.4% year-on-year increase in operating income. - FY2018-Q1AdvancedAnnual report
「In terms of profit, expanded production capacity at overseas plants and improved productivity at domestic plants resulted in substantial profit growth of more than 2 times year on year in Japan, China and Southeast Asia, where the company has production sites.」
As the company expanded production capacity at overseas plants and improved productivity at domestic plants, operating income more than doubled year on year in Japan, China and Southeast Asia. - FY2017AdvancedAnnual report
「In terms of earnings, earnings improved in all regional segments due to higher revenue and fixed-cost reductions resulting from domestic management rationalization pursued since the previous fiscal year. Operating profit was ¥2,652 million, 6.9 times the level of the same period of the previous year.」
Through fixed-cost reductions and other measures arising from domestic rationalization, earnings improved across all regional segments, and operating income was 6.9 times the level recorded in the same period of the previous year. - FY2017-Q3AdvancedAnnual report
「In terms of earnings, earnings improved in all regional segments through domestic management rationalization, improved overseas yields and fixed-cost reductions, which have been pursued since the previous fiscal year. Operating profit was ¥1,573 million, compared with an operating loss of ¥220 million in the same period of the previous year.」
Earnings improved across all regional segments through domestic management rationalization, higher overseas yields and fixed-cost reductions, with operating income changing from a loss in the same period of the previous year to ¥1,573 million in operating income. - FY2017-Q2AdvancedAnnual report
「In terms of earnings, earnings improved steadily in all regions as a result of measures including domestic management rationalization, overseas fixed-cost reductions and improved yields. Operating profit was ¥860 million, compared with an operating loss of ¥502 million in the same period of the previous year.」
Earnings improved across all regions through domestic rationalization, overseas fixed-cost reductions and higher yields, with operating income changing from a loss in the same period of the previous year to ¥860 million in operating income. - FY2017-Q1AdvancedAnnual report
「In terms of earnings, profit improvement from the domestic management rationalization measures implemented in the previous fiscal year, including the consolidation of production sites and the solicitation of voluntary retirements, as well as the optimization of overseas production systems, progressed steadily. Operating profit was ¥342 million, compared with an operating loss of ¥283 million in the same period of the previous year.」
The company stated that domestic production-site consolidation, voluntary retirement solicitations and optimization of the overseas production structure had improved earnings, with operating income changing from an operating loss in the same period of the previous year to ¥342 million in operating income. - FY2016First statedAnnual report
「From the second half onward, the company consolidated production sites and solicited voluntary retirements in Japan as management rationalization measures, while optimizing its overseas production structure. As a result, operating income for the fiscal year was ¥381 million, down 40.5% year on year.」
The company advanced management rationalization in Japan and optimized its overseas production structure, resulting in operating income of ¥381 million.