A Highly Profitable Business Model Through High Quality, High Reliability and Cost Reduction

「Revenue declined 10.7% year on year. Although structural reform reduced costs, the operating loss widened to ¥2,280 million from ¥1,292 million in the previous fiscal year due to a deterioration in product mix in the Production Equipment Business and the recognition of an inventory valuation loss on touch sensors.」

「Although fixed costs were substantially reduced through structural reform and strengthened control of fixed costs, the operating loss widened from the same period of the previous year, mainly due to changes in product mix associated with a change in the business model for OLED displays and the impact of lower operating rates following the winding down of the touch sensor and fluorescent display tube businesses.」

「In addition to the decline in revenue, the operating loss widened to ¥1,292 million from ¥1,141 million in the previous fiscal year, mainly because actuarial differences that newly arose when pension assets were returned following the dissolution of the pension fund of a Philippine subsidiary were recognized as a one-time expense.」

「Although the operating rate deteriorated as the Outセル touch sensor and fluorescent display tube businesses were wound down, the operating loss narrowed from the same period of the previous year due to the effects of structural reform implemented since the previous fiscal year and continued, strengthened cost controls.」

「The operating loss narrowed from the same period of the previous year due to the effects of structural reform, including the closure of overseas manufacturing sites, and continued control of fixed costs.」

「The operating loss narrowed from the same period of the previous year due to the effects of structural reform, including the closure of overseas manufacturing sites, and continued control of fixed costs.」

「Under the initiative to reform the Group's business structure, fixed costs were substantially reduced through the consolidation and closure of domestic and overseas sites under the cost structure reform program. However, the Group did not achieve fundamental reform of its earnings structure through the restructuring of its business portfolio, leaving issues unresolved.」

「Amid these circumstances, during the third quarter, the Group further advanced its various initiatives based on the policies set out in the Second Medium-Term Management Plan (Futaba Innovation Plan 2023), working to improve earnings through cost structure reform and promote business growth.」

「Amid these circumstances, during the first half of the fiscal year, the Group further advanced its various initiatives based on the policies set out in the Second Medium-Term Management Plan (Futaba Innovation Plan 2023), working to improve earnings through cost structure reform and promote business growth.」

「Amid these circumstances, the Group worked to improve earnings through cost structure reform and promote business growth through proactive investment, based on the Second Medium-Term Management Plan (Futaba Innovation Plan 2023).」

「Against this backdrop, during the third quarter the Group further deepened its initiatives and worked to improve profitability through cost structure reform and promote business growth based on the policies set out in its medium-term management plan, Futaba Innovation Plan 2023.」

「Based on the policies set out in the medium-term management plan, Futaba Innovation Plan 2023, the Group is further deepening its initiatives and working to improve earnings and promote business growth through structural cost reform.」

「In each business area, the Group is increasing cost competitiveness through thorough cost reduction, differentiating itself from competitors through proprietary technologies, quality and reliability, and expanding market share.」

「The Group seeks to build a highly profitable business structure by bringing high-value-added products to market promptly through manufacturing focused on high quality and reliability, while implementing aggressive cost reductions.」

「To realize this philosophy, the Group is working to build an efficient and sound management structure, aiming to become a company that is genuinely useful to society by creating products that are indispensable and anticipate changes in the times, building a manufacturing system focused on even higher quality and reliability, achieving short lead times and a stable supply system, continuously enhancing corporate value, and practicing fair and highly transparent management.」

「To realize this philosophy, the Group is working to build an efficient and sound management structure, aiming to become a company that is genuinely useful to society by creating products that are indispensable and anticipate changes in the times, building a manufacturing system focused on even higher quality and reliability, achieving short lead times and a stable supply system, continuously enhancing corporate value, and practicing fair and highly transparent management.」

「The Group seeks to build a highly profitable business structure by bringing high-value-added products to market promptly through manufacturing focused on high quality and reliability, while implementing aggressive cost reductions.」