Fundamental management reform and transformation of the cost structure
First written in FY2016. 23 of 36 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2027-H1.
10 other companies' latest entry also says "Other".
- FY2027-H1Improvement in North America, Europe, China and Asia coexisted with deteriorating profitability in Japan and TaiwanAnnual report
「In Japan, sales to the industrial and communications markets, among others, increased, resulting in net sales of ¥4,408 million, an increase of ¥602 million, or 15.8%, from the same period of the previous year. However, segment profit (operating profit) declined by ¥62 million, or 20.1%, to ¥249 million, due mainly to higher material costs, fixed costs and selling, general and administrative expenses. … In North America, sales to the automotive and communications markets, among others, increased, resulting in net sales of ¥1,521 million, an increase of ¥159 million, or 11.7%, from the same period of the previous year. Segment profit (operating profit) increased by ¥53 million, or 207.7%, to ¥79 million. … In China, sales to the communications and automotive markets, among others, increased, resulting in net sales of ¥6,894 million, an increase of ¥547 million, or 8.6%, from the same period of the previous year. The segment loss (operating loss) improved by ¥28 million to ¥17 million, compared with a segment loss of ¥45 million in the same period of the previous year. … In Taiwan, sales to the consumer and automotive markets, among others, increased, resulting in net sales of ¥4,839 million, an increase of ¥166 million, or 3.6%, from the same period of the previous year. However, the segment loss (operating loss) widened by ¥160 million to ¥177 million, compared with a segment loss of ¥17 million in the same period of the previous year, due mainly to higher material costs, selling, general and administrative expenses and fixed costs. … In other Asia, sales to the automotive and consumer markets, among others, increased, resulting in net sales of ¥1,608 million, an increase of ¥246 million, or 18.1%, from the same period of the previous year. Segment profit (operating profit) improved by ¥207 million to ¥22 million, compared with a segment loss of ¥184 million in the same period of the previous year.」
By region, profitability improved in North America and Europe, China's loss narrowed, and other Asia turned from a loss to a profit, while profit declined in Japan and Taiwan's loss widened from ¥17 million to ¥177 million. - FY2026Divergence in Regional PerformanceAnnual report
「In Japan, revenue was ¥7,427 million, up 6.6% year on year, and segment profit was ¥1,053 million, compared with a segment loss of ¥842 million in the same period of the previous year.…In China, revenue was ¥12,928 million, up 2.2% year on year, and the segment loss was ¥49 million, compared with segment profit of ¥9 million in the same period of the previous year.…In Taiwan, revenue was ¥9,277 million, down 5.2% year on year, and segment profit was ¥160 million, down 89.7% year on year.…In Asia, revenue was ¥2,868 million, up 0.3% year on year, and the segment loss was ¥148 million, compared with segment profit of ¥85 million in the same period of the previous year.」
Japan turned from a loss to a profit, while China and Asia turned from profits to losses, and Taiwan also recorded a substantial decline in profit. Differences in the effects of the reforms by region emerged in full-year performance. - 2026-05-14AdvancedResults
「利益面では、高付加価値製品の生産・販売増加とコスト低減が貢献し、営業利益は1,133百万円（前期比23.9%増）となりました。」
コスト低減が営業利益増加の要因として明示された。 - FY2026-H1Coexistence of improvement in Japan and China and deterioration in Taiwan and AsiaAnnual report
「In Japan, sales to the automotive and industrial sectors and other areas increased, resulting in revenue of ¥3,805 million, up ¥352 million, or 10.2%, from the same period of the previous year, and segment profit (operating profit) increased by ¥815 million to ¥312 million, compared with a segment loss of ¥503 million in the same period of the previous year.…In China, sales to the consumer and automotive sectors increased, resulting in revenue of ¥6,346 million, up ¥245 million, or 4.0%, from the same period of the previous year, and the segment loss (operating loss) improved by ¥31 million to ¥45 million, compared with a segment loss of ¥77 million in the same period of the previous year.…In Taiwan, sales to the consumer and communications sectors and other areas declined, and the appreciation of the Taiwan dollar had an adverse foreign-exchange impact, resulting in revenue of ¥4,673 million, down ¥538 million, or 10.3%, from the same period of the previous year. In addition to lower revenue, higher labor costs, lower utilization and other factors resulted in a segment loss (operating loss) of ¥17 million, a deterioration of ¥885 million from the same period of the previous year, when the segment recorded profit of ¥867 million.…In Other Asia, sales to the communications and industrial sectors and other areas declined, resulting in revenue of ¥1,361 million, down ¥42 million, or 3.1%, from the same period of the previous year. In addition to lower revenue, lower utilization and other factors resulted in a segment loss (operating loss) of ¥184 million, a deterioration of ¥190 million from the same period of the previous year, when the segment recorded profit of ¥6 million.」
In Japan, performance improved from a segment loss of ¥503 million in the same period of the previous year to a profit of ¥312 million, while China's loss improved to ¥45 million. Meanwhile, Taiwan turned from a profit of ¥867 million to a loss of ¥17 million, and Other Asia turned from a profit of ¥6 million to a loss of ¥184 million, indicating that the effects of the reforms varied by region. - FY2025-H1Deterioration in profits in Japan and Asia and improvement in China and TaiwanAnnual report
「In Japan, sales to the industrial and consumer sectors and other areas declined, resulting in revenue of ¥3,453 million, down ¥814 million, or 19.1%, from the same period of the previous year, and segment profit (operating profit) declined by ¥112 million, or 76.9%, to ¥33 million. In China, sales to the consumer and communications sectors and other areas increased, resulting in revenue of ¥6,101 million, up ¥465 million, or 8.3%, from the same period of the previous year. The segment loss (operating loss) improved by ¥30 million to ¥77 million, compared with a segment loss of ¥107 million in the same period of the previous year. In Other Asia, sales to the communications and consumer sectors and other areas increased, resulting in revenue of ¥1,404 million, up ¥48 million, or 3.6%, from the same period of the previous year. However, due to the effects of lower utilization and other factors, segment profit (operating profit) declined by ¥146 million, or 96.0%, to ¥6 million.」
In Japan, profit declined substantially due to lower sales and the effects of utilization and other factors, while in Other Asia, profit declined 96.0% due to lower utilization. Meanwhile, China's loss narrowed, and profit improved substantially in Taiwan due to increased sales to the consumer market. - FY2024-Q3Coexistence of profit deterioration from lower utilization in major regions and improvement in AsiaAnnual report
「In Japan, sales to the automotive sector and other areas fell below the previous year, resulting in revenue of ¥6,158 million, up ¥69 million, or 1.1%, from the same period of the previous year. However, due to lower utilization and other factors, segment profit (operating profit) declined by ¥2,455 million, or 96.0%, to ¥101 million. In China, sales to the communications and consumer sectors and other areas fell below the previous year, resulting in revenue of ¥9,081 million, down ¥1,141 million, or 11.2%, from the same period of the previous year. In addition to lower revenue, lower utilization and other factors resulted in a segment loss (operating loss) of ¥77 million, a deterioration of ¥510 million from the same period of the previous year, when the segment recorded profit of ¥433 million. In Other Asia, sales to the consumer and communications sectors and other areas declined, resulting in revenue of ¥2,022 million, down ¥121 million, or 5.7%, from the same period of the previous year. However, due to increased production of high-value-added products and other factors, segment profit (operating profit) increased by ¥217 million, or 473.9%, to ¥262 million.」
In Japan and China, profit deteriorated substantially due to lower utilization and other factors, with China turning from a profit in the same period of the previous year to a loss. Meanwhile, in Other Asia, profit increased 473.9% year on year due to increased production of high-value-added products. - FY2024-Q2Coexistence of profit deterioration from lower utilization in major regions and improvement in AsiaAnnual report
「In Japan, sales to the automotive sector and other areas increased, resulting in revenue of ¥4,268 million, up ¥209 million, or 5.2%, from the same period of the previous year. However, due to lower utilization and other factors, segment profit (operating profit) declined by ¥1,780 million, or 92.4%, to ¥145 million. In China, sales to the communications sector and other areas fell below the previous year, resulting in revenue of ¥5,636 million, down ¥1,384 million, or 19.7%, from the same period of the previous year. In addition to lower revenue, lower utilization and other factors resulted in a segment loss (operating loss) of ¥107 million, a deterioration of ¥453 million from the same period of the previous year, when the segment recorded profit of ¥345 million.」
In Japan and China, segment profit declined substantially against a backdrop of lower utilization, with China turning from a profit in the same period of the previous year to a loss. Meanwhile, profit improved in Other Asia due to increased production of high-value-added products, so the effects of the reforms varied by region. - FY2024-Q1Coexistence of regional profit deterioration from lower utilization and the benefits of high-value-added productsAnnual report
「In China, sales to the communications sector and other areas fell below the previous year, resulting in revenue of ¥2,675 million, down ¥943 million, or 26.1%, from the same period of the previous year. In addition, due to lower utilization and other factors, the segment loss (operating loss) was ¥3 million, a deterioration of ¥182 million from the same period of the previous year, when the segment recorded profit of ¥178 million.」
In China, lower sales and utilization turned the segment profit recorded in the same period of the previous year into a loss of ¥3 million. Meanwhile, the effects of increased production of high-value-added products were cited as improving profit in Asia, indicating that the effects of the reforms varied by region. - FY2023AdvancedAnnual report
「We are focusing on small-size and high-frequency products with photolithography specifications, manufacturing that keeps pace with price competition, and an environmentally responsible stable-supply system.」
The company has organized its management and cost-structure reforms into specific areas of reform: photolithography products, responses to price competition, and an environmentally responsible stable-supply system. - FY2023-Q3AdvancedAnnual report
「In Japan, sales to the automotive sector and other areas fell below the previous year, resulting in revenue of ¥6,089 million, down ¥203 million, or 3.2%, from the same period of the previous year. However, due to the effects of price adjustments, including foreign-exchange movements, segment profit (operating profit) increased by ¥755 million, or 41.9%, to ¥2,556 million. In China, sales to the communications sector and other areas fell below the previous year, resulting in revenue of ¥10,223 million, down ¥1,280 million, or 11.1%, from the same period of the previous year. However, due to increased production of high-value-added products and other factors, segment profit (operating profit) increased by ¥38 million, or 9.7%, to ¥433 million.」
In Japan, the effects of price adjustments, including foreign-exchange movements, and in China, increased production of high-value-added products, increased segment profit despite lower sales. - FY2023-Q2AdvancedAnnual report
「In China, sales to the communications sector and other areas fell below the previous year, resulting in revenue of ¥7,020 million, down ¥893 million, or 11.3%, from the same period of the previous year. However, due to increased production of high-value-added products and other factors, segment profit (operating profit) increased by ¥102 million, or 42.2%, to ¥345 million.」
While sales to the communications sector in China declined, increased production of high-value-added products drove a 42.2% year-on-year increase in segment profit. The effects of the cost-structure and business-structure reforms were quantified in regional performance. - FY2023-Q1AdvancedAnnual report
「In Japan, sales to the industrial and communications sectors and other areas exceeded the previous year, resulting in revenue of ¥2,107 million, up ¥151 million, or 7.7%, from the same period of the previous year. In addition to lower fixed costs, improvements in the product mix and other factors resulted in segment profit (operating profit) of ¥1,282 million, up ¥814 million, or 174.0%, from the same period of the previous year. In China, sales to the communications sector and other areas fell below the previous year, resulting in revenue of ¥3,619 million, down ¥395 million, or 9.8%, from the same period of the previous year. However, due to increased production of high-value-added products and other factors, segment profit (operating profit) increased by ¥58 million, or 48.9%, to ¥178 million.」
In Japan, lower fixed costs and an improved product mix, and in China, increased production of high-value-added products, improved segment profit despite lower sales. - FY2022Specific initiativesAnnual report
「To address these risks, the Group is creating new proprietary value under the keywords of stable supply and environmental responsibility. Initiatives include the proprietary Arkh series, which reduces the proportion of externally sourced components; the launch of mass production of the Mold Type, which applies that technology; and the development of flexible lines that improve output per unit of floor area regardless of the model or location, while also taking business continuity plans into account. We will move forward as a sustainable company capable of enabling sustained social growth and development.」
The company newly specified reductions in the proportion of externally sourced components, the launch of mass production of the Mold Type, and the development of flexible lines as measures for management reform and cost-structure transformation. - FY2022-Q3AdvancedAnnual report
「In Japan, sales to the industrial and automotive sectors and other areas exceeded the previous year, resulting in revenue of ¥6,292 million, up ¥2,334 million, or 59.0%, from the same period of the previous year. Segment profit (operating profit) increased by ¥1,761 million, or 4,446.9%, to ¥1,801 million. In China, sales to the communications and consumer sectors and other areas exceeded the previous year, resulting in revenue of ¥11,503 million, up ¥2,457 million, or 27.2%, from the same period of the previous year. Segment profit (operating profit) increased by ¥179 million, or 83.0%, to ¥395 million. In Taiwan, sales to the consumer and communications sectors and other areas increased, resulting in revenue of ¥8,894 million, up ¥2,075 million, or 30.4%, from the same period of the previous year. Segment profit (operating profit) increased by ¥1,209 million, or 124.1%, to ¥2,183 million.」
Revenue and segment profit increased in Japan, China and Taiwan. Segment profit rose 4,446.9% year on year in Japan and 124.1% in Taiwan. Improvements in regional performance tracked as the results of the business-structure reforms were quantified across an even broader range of regions. - FY2022-Q2AdvancedAnnual report
「In Japan, sales to the industrial and automotive sectors and other areas exceeded the previous year, resulting in revenue of ¥4,339 million, up ¥1,981 million, or 84.0%, from the same period of the previous year. Segment profit (operating profit) improved by ¥1,384 million to ¥1,353 million, compared with a segment loss of ¥30 million in the same period of the previous year. In China, sales to the communications and consumer sectors and other areas exceeded the previous year, resulting in revenue of ¥7,913 million, up ¥2,261 million, or 40.0%, from the same period of the previous year. Segment profit (operating profit) increased by ¥166 million, or 217.2%, to ¥243 million. In Taiwan, sales to the communications and consumer sectors and other areas increased, resulting in revenue of ¥5,964 million, up ¥1,663 million, or 38.7%, from the same period of the previous year. Segment profit (operating profit) increased by ¥768 million, or 125.1%, to ¥1,382 million.」
In Japan, performance turned from a segment loss of ¥30 million to a profit of ¥1,353 million, while profit also increased substantially in China and Taiwan. Improvements in regional performance tracked as the results of management and business-structure reforms were quantified. - FY2021RaisedAnnual report
「We will move beyond the traditional approach to manufacturing, achieve further productivity gains and fixed-cost reductions, and ultimately pursue full automation of our factories.」
In addition to the previous management and cost-structure reforms, the company expanded the scope of its measures to include a transformation of manufacturing, productivity gains, fixed-cost reductions and, ultimately, full factory automation. - FY2021-Q3AdvancedAnnual report
「Due to the effects of price adjustments for domestically produced items and an increase in intersegment transactions, segment profit (operating profit) improved by ¥557 million to ¥39 million, compared with a segment loss of ¥517 million in the same period of the previous year. In China, all fields, led by the consumer and industrial sectors, exceeded the previous year. Revenue was ¥9,046 million, up ¥834 million, or 10.2%, from the same period of the previous year, and segment profit (operating profit) increased by ¥185 million, or 613.7%, to ¥216 million. In Other Asia, sales to the automotive electronics sector and other markets declined, resulting in revenue of ¥1,176 million, down ¥192 million, or 14.1%, from the same period of the previous year. However, due to lower fixed costs, including depreciation, the segment loss (operating loss) improved by ¥188 million to ¥9 million, compared with a segment loss of ¥198 million in the same period of the previous year.」
In Japan, performance turned from a segment loss to a profit due to the effects of price adjustments and other factors; in China, profit increased 613.7%; and in Other Asia, the loss narrowed. The effects of management and cost-structure reforms were quantified across multiple regions. - FY2021-Q2AdvancedAnnual report
「Due to the effects of price adjustments for domestically produced items and other factors, the segment loss (operating loss) improved by ¥428 million to ¥30 million, compared with a segment loss of ¥458 million in the same period of the previous year.」
Price adjustments for domestically produced items narrowed the Japan segment loss from ¥458 million to ¥30 million. - FY2021-Q1AdvancedAnnual report
「Due to price adjustments for domestically produced items and improved utilization rates, the segment loss (operating loss) improved by ¥213 million to ¥68 million, compared with a segment loss of ¥282 million in the same period of the previous year.」
The effects of price adjustments and improved utilization rates emerged in the Japan segment, narrowing the segment loss from ¥282 million to ¥68 million. - FY2020AdvancedAnnual report
「We will secure fixed costs in our existing businesses while improving productivity by promoting digitalization and improving business processes, and will generate operating profit through the OCEAN+2 Strategy.」
The company added specific measures for management reform and cost-structure transformation, including digitalization, business-process improvements, productivity gains and securing fixed costs. - FY2020-Q3AdvancedAnnual report
「Due to improved utilization rates for domestically produced items and lower fixed costs, the segment loss (operating loss) improved by ¥90 million to ¥517 million, compared with a segment loss of ¥608 million in the same period of the previous year. In China, sales to the communications sector substantially exceeded the previous year, resulting in revenue of ¥8,212 million, up ¥1,742 million, or 26.9%, from the same period of the previous year. Segment profit (operating profit) increased by ¥14 million, or 92.3%, to ¥30 million.」
In Japan, the segment loss narrowed due to improved utilization rates for domestically produced items and lower fixed costs. In China, increased sales to the communications sector resulted in segment profit of ¥30 million, up 92.3% year on year. - FY2020-Q2Decline in China's segment profitAnnual report
「In China, sales to the communications sector and other areas exceeded the previous year, resulting in revenue of ¥5,127 million, up ¥753 million, or 17.2%, from the same period of the previous year. However, segment profit (operating profit) declined by ¥18 million, or 50.0%, to ¥18 million.」
While sales to the communications sector in China increased, segment profit declined 50.0% year on year. The improvement in China's profit that had been attributed to the effects of the cost-structure reforms receded during the quarter. - FY2020-Q1AdvancedAnnual report
「In China, sales to the communications and automotive electronics sectors and other areas exceeded the previous year, resulting in revenue of ¥2,420 million, up ¥340 million, or 16.4%, from the same period of the previous year. The segment loss (operating loss) improved by ¥8 million to ¥0 million, compared with a segment loss of ¥8 million in the same period of the previous year.」
In China, revenue increased 16.4% year on year, and the segment loss improved from ¥8 million to nearly zero. - FY2020-Q1RestatedAnnual report
「During the first three months of the current consolidated fiscal year, there were no material changes to the management policies, management strategies or other matters established by our Group.」
The company has reconfirmed that there have been no material changes to its management policies and strategies, including management and business-structure reforms. - FY2019AdvancedAnnual report
「In China, sales to the communications, consumer and industrial sectors and other areas fell below the previous year, resulting in revenue of ¥8,395 million, down ¥764 million, or 8.3%, from the same period of the previous year. However, due to the effects of improved yield at production plants and other factors, the segment loss (operating loss) improved by ¥400 million to ¥75 million, compared with a segment loss of ¥476 million in the same period of the previous year.」
In China, the segment loss narrowed from ¥476 million to ¥75 million due to improved yield despite lower sales. Japan and Asia also incurred losses due to lower utilization rates and other factors, so the effects of the reforms varied by region. - FY2019-Q3AdvancedAnnual report
「In China, sales to the communications, consumer and industrial sectors and other areas fell below the previous year, resulting in revenue of ¥6,469 million, down ¥735 million, or 10.2%, from the same period of the previous year. However, due to the effects of improved yield at production plants and other factors, segment profit (operating profit) improved by ¥379 million to ¥15 million, compared with a segment loss of ¥363 million in the same period of the previous year.」
While sales in China continued to decline, improved yield at production plants turned the segment loss into a profit of ¥15 million. Concrete effects of the cost-structure reforms were confirmed further, while Japan and Asia incurred losses due to lower utilization rates and other factors. - FY2019-Q2AdvancedAnnual report
「In China, sales to the communications equipment and consumer markets and other areas fell below the previous year, resulting in revenue of ¥4,374 million, down ¥549 million, or 11.2%, from the same period of the previous year. However, due to the effects of improved yield at production plants and other factors, segment profit (operating profit) improved by ¥334 million to ¥36 million, compared with a segment loss of ¥298 million in the same period of the previous year.」
Despite continued sales declines in China, improved yield at production plants turned the segment loss into a profit of ¥36 million. Concrete effects of the cost-structure reforms were identified for the first time. - FY2019-Q1AdvancedAnnual report
「In China, sales to the communications equipment and consumer markets and other areas fell below the previous year, resulting in revenue of ¥2,079 million, down ¥206 million, or 9.0%, from the same period of the previous year. However, due to the effects of improved yield at production plants and other factors, the segment loss (operating loss) improved by ¥78 million to ¥8 million, compared with a segment loss of ¥86 million in the same period of the previous year.」
The effects of improved yield at China's production plants emerged, improving the segment loss from ¥86 million to ¥8 million despite lower revenue. - FY2018RestatedAnnual report
「In response to various changes in the operating environment, we have promoted business-structure reforms and sought to shift toward profit-focused management. Going forward, we will further sharpen our focus on selected businesses and work as one group to enhance corporate value.」
The company is continuing its previous reform policies of business-structure reform, a focus on profits, selective concentration, and enhancing corporate value as one group. - FY2018-Q3AdvancedAnnual report
「In Taiwan, sales to the communications equipment sector and other markets declined, resulting in revenue of ¥5,235 million, down ¥377 million, or 6.7%, from the same period of the previous year. However, due to lower fixed costs and other factors, segment profit (operating profit) increased by ¥118 million, or 24.7%, to ¥599 million. In Other Asia, sales to the communications equipment and automotive electronics sectors and other markets increased, resulting in revenue of ¥1,682 million, up ¥94 million, or 5.9%, from the same period of the previous year. Cost improvements at production subsidiaries progressed, and segment profit (operating profit) increased by ¥303 million from the same period of the previous year to ¥226 million, compared with a segment loss of ¥76 million in the same period of the previous year.」
In Taiwan, segment profit increased 24.7% due to lower fixed costs, while in Other Asia, cost improvements at production subsidiaries improved performance from the loss recorded in the same period of the previous year to a profit of ¥226 million. Meanwhile, Japan experienced lower utilization rates and China saw its segment loss expand, so the effects varied by region. - FY2018-Q2AdvancedAnnual report
「In Taiwan, sales to the communications equipment sector and other markets declined, resulting in revenue of ¥3,290 million, down ¥100 million, or 3.0%, from the same period of the previous year. However, due to cost improvements and other factors, segment profit (operating profit) increased by ¥159 million, or 46.9%, to ¥499 million. In Other Asia, sales to the communications equipment and automotive electronics sectors and other markets increased, resulting in revenue of ¥1,102 million, up ¥88 million, or 8.7%, from the same period of the previous year. Cost improvements at production subsidiaries progressed, and segment profit (operating profit) increased by ¥286 million from the same period of the previous year to ¥177 million, compared with a segment loss of ¥109 million in the same period of the previous year.」
In Taiwan, segment profit increased 46.9% year on year due to cost improvements, while in Other Asia, cost improvements at production subsidiaries improved performance from a segment loss to a profit of ¥177 million. Meanwhile, China's segment loss worsened to ¥298 million. - FY2018-Q1AdvancedAnnual report
「In Other Asia, sales to the automotive electronics sector and other markets increased, resulting in revenue of ¥537 million, up ¥26 million, or 5.1%, from the same period of the previous year. Cost improvements at production subsidiaries progressed, and segment profit (operating profit) increased by ¥117 million from the same period of the previous year to ¥101 million, compared with a segment loss of ¥15 million in the same period of the previous year.」
Cost improvements progressed at production subsidiaries in Other Asia, improving performance from a segment loss to a profit of ¥101 million. - FY2017-Q3AdvancedAnnual report
「In China, sales for communications equipment exceeded the previous year's level, but sales for automotive electronics and computers, among others, fell below the previous year's levels. Net sales therefore declined by ¥58 million, or 0.7%, year on year to ¥8,015 million. However, due mainly to lower fixed costs associated with the withdrawal from optical products, the segment loss (operating loss) improved by ¥243 million to ¥312 million, compared with a segment loss of ¥555 million in the same period of the previous year. In Taiwan, sales for communications equipment and computers declined, resulting in net sales of ¥5,613 million, down ¥827 million, or 12.8%, year on year. However, due mainly to fixed-cost reductions, segment profit (operating profit) increased by ¥101 million, or 26.7%, year on year to ¥480 million.」
In China, the segment loss improved from ¥555 million to ¥312 million due to lower fixed costs following the withdrawal from optical products, while in Taiwan, segment profit increased 26.7% due to fixed-cost reductions. - FY2017-Q2AdvancedAnnual report
「In China, sales for communications equipment exceeded the previous year's level, but sales for automotive electronics and computers, among others, fell below the previous year's levels. Net sales therefore declined by ¥204 million, or 3.7%, year on year to ¥5,248 million. However, due mainly to lower fixed costs associated with the withdrawal from optical products, the segment loss (operating loss) improved by ¥155 million to ¥223 million, compared with a segment loss of ¥379 million in the same period of the previous year. In Taiwan, sales for communications equipment and computers declined, resulting in net sales of ¥3,391 million, down ¥681 million, or 16.7%, year on year. However, due mainly to fixed-cost reductions, segment profit (operating profit) increased by ¥101 million, or 42.8%, year on year to ¥339 million. In addition, during the second quarter of the current consolidated fiscal year, 加高電子（蘇州）有限公司 was excluded from the scope of consolidation following the sale of all shares held by the Group.」
Profit improved due to lower fixed costs associated with the withdrawal from optical products in China and fixed-cost reductions in Taiwan. In addition, the Group sold all shares held in 加高電子（蘇州）有限公司 and excluded the company from the scope of consolidation. - FY2017-Q1AdvancedAnnual report
「In China, sales for communications equipment exceeded the previous year's level, but sales for automotive electronics and computers, among others, fell below the previous year's levels. Net sales therefore declined by ¥236 million, or 8.6%, year on year to ¥2,519 million. However, due mainly to lower fixed costs associated with the withdrawal from optical products, the segment loss (operating loss) improved by ¥106 million to ¥57 million, compared with a segment loss of ¥164 million in the same period of the previous year.」
In China, lower fixed costs associated with the withdrawal from optical products improved the segment loss from ¥164 million to ¥57 million. In Taiwan, segment profit also increased due to fixed-cost reductions. - FY2016First statedAnnual report
「The Group may experience significant fluctuations in single-year results as it undertakes fundamental management reform with an eye to the future, promotes transformation of its cost structure, and carries out initiatives to improve performance across the Group, including the reorganization of affiliated companies.」
The Group positions management reform, transformation of its cost structure, and the reorganization of affiliated companies as initiatives to improve performance across the Group.