Improving production efficiency and competitiveness through streamlining and labor-saving measures
First written in FY2016. 21 of 34 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-09-30.
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, the company made capital investments of ¥6,910 million to further improve production efficiency, rationalize and reduce labor requirements to strengthen competitiveness, and improve the work environment in preparation for intensifying competition.」
The company made capital investments of ¥6,910 million for rationalization, labor saving, and related purposes, up from ¥6,323 million the previous fiscal year. At the Imari Works, it also began a ¥23,132 million equipment plan scheduled for completion in March 2030. - 2026-05-14AdvancedEarnings
「The smooth transition to a production structure featuring a product mix including large vessels such as large bulk carriers, together with the benefits of cost-reduction initiatives involving all relevant parties, including design, manufacturing and procurement, and the continued trend of yen depreciation, enabled us to achieve higher revenue and higher profit year on year.」
The transition to a production structure including large vessels and progress in cost reductions led to operating profit of ¥28,630 million in the newbuilding business. - FY2025AdvancedAnnual report
「During the consolidated fiscal year, the company made capital investments of ¥6,323 million to further improve production efficiency, rationalize and reduce labor requirements to strengthen competitiveness, and improve the work environment in preparation for intensifying competition.」
The company made capital investments of ¥6,323 million for rationalization, labor saving, and production efficiency improvements, up from ¥2,333 million the previous fiscal year. - FY2025-H1AdvancedAnnual report
「In addition to the tailwind from the weaker yen, we absorbed soaring prices for materials and equipment, including steel, and rising labor costs through consecutive construction of handy-size bulk carriers, which have a low steel-cost ratio in manufacturing costs, expanded operating volumes, stronger bargaining power from bulk purchases of materials and equipment through our international procurement network, and coordinated cost reduction activities across design, manufacturing and procurement. As a result, we achieved substantial increases in revenue and profit.」
Cost reductions through consecutive construction of vessels with low steel-cost ratios, increased operating volume, bulk purchasing, and collaboration among design, manufacturing, and procurement progressed, absorbing higher equipment and materials prices and labor costs and achieving substantial increases in both revenue and profit. - FY2024AdvancedAnnual report
「During the consolidated fiscal year, the company made capital investments of ¥2,333 million to further improve production efficiency, rationalize and reduce labor requirements to strengthen competitiveness, and improve the work environment in preparation for intensifying competition.」
The company made capital investments of ¥2,333 million for rationalization, labor saving, and related purposes. The use of IoT and AI and the development of a smart factory through the Imari Works Advancement Project also continued. - FY2024-Q3AdvancedAnnual report
「During the consolidated period, the newbuilding business operated by the company and 函館どつく株式会社 generated revenue of ¥74,176 million, up 3.7% year on year, and operating income of ¥12,077 million, up 20.2%, due to improved vessel prices, lower costs, and the weaker yen.」
Against a backdrop of improved vessel prices, lower costs, and the weaker yen, the newbuilding business generated revenue of ¥74,176 million and operating income of ¥12,077 million, resulting in year-on-year increases in both revenue and profit. - FY2024-Q2AdvancedAnnual report
「Although prices for equipment and materials, which account for more than half of manufacturing costs, continue to rise, we are reviewing the supply chain, including overseas sources, and pursuing Group-wide cost-reduction activities through collaboration between design and manufacturing.」
Amid continued increases in equipment and materials prices, the company is reviewing its supply chain, including overseas sources, and reducing costs through collaboration between design and manufacturing. Operating income in the newbuilding business was ¥7,188 million. - FY2024-Q1AdvancedAnnual report
「The company secured operating income of ¥2,819 million as a result of Group-wide cost-reduction activities.」
The effects of cost-reduction activities were reflected in operating income of ¥2,819 million in the newbuilding business. - FY2023ReframedAnnual report
「At the end of the consolidated fiscal year, the company launched the Imari Works Advancement Project and is working to realize an advanced, smart factory at an early stage by streamlining production through the use of IoT and AI technologies and introducing labor-saving equipment. In addition to modernizing equipment to improve productivity and strengthen cost competitiveness at each manufacturing site, costs include replacing equipment with energy-efficient models, preventive maintenance of existing equipment, and replacing aging equipment.」
Measures to rationalize and reduce labor requirements have taken concrete form through the Imari Works Advancement Project, a smart factory using IoT and AI, energy-saving initiatives, preventive maintenance, and replacement of aging equipment. Capital investment totaled ¥2,186 million. - FY2023-Q3AdvancedAnnual report
「As a result of Group-wide cost-reduction activities and the weaker yen, the profitability of low-price vessels ordered during the recession but not yet completed improved substantially, contributing to a ¥9,430 million decrease in provisions for contract losses from the end of the previous consolidated fiscal year. Operating income consequently increased by ¥14,228 million year on year to ¥10,049 million.」
Group-wide cost-reduction activities improved the profitability of low-price vessels, reducing provisions for contract losses by ¥9,430 million and producing a concrete improvement in the newbuilding business, which returned to operating profitability. - FY2023-Q2AdvancedAnnual report
「As the profitability of not only vessels included in revenue but also vessels in the order backlog was expected to improve substantially due to cost-reduction activities and the weaker yen, provisions for contract losses decreased by ¥9,460 million from the end of the previous consolidated fiscal year,」
Cost-reduction activities and the weaker yen pointed to improved profitability, including for the order backlog, and provisions for contract losses decreased by ¥9,460 million. - FY2023-Q1AdvancedAnnual report
「In addition to the effects of cost-reduction activities, expected profitability for low-price vessels ordered during the recession improved substantially as the yen weakened, allowing the company to reverse a large amount of provisions for contract losses,」
Against a backdrop of cost-reduction activities and lower costs from consecutive construction of vessels of the same type, the company was able to reverse provisions for contract losses, improving earnings in the newbuilding business. - FY2022-Q3AdvancedAnnual report
「Operating loss was ¥4,179 million, compared with an operating loss of ¥7,136 million in the same period of the previous year. Although the company had expected substantial improvement from Group-wide cost reductions and the weaker yen, the improvement was limited by higher steel prices and the fact that the gain on the sale of vessels upon completion last November will be recognized in the fourth quarter.」
Cost-reduction activities narrowed the operating loss in the newbuilding business from ¥7,136 million in the same period of the previous year to ¥4,179 million. However, improvement was limited by higher steel prices and other factors. - FY2022-Q2WorsenedAnnual report
「The company had expected substantial year-on-year improvement from marked improvements in construction costs through Group-wide cost reductions, the effects of structural reform at 佐世保重工業株式会社, and the weaker yen. Although it hoped the unexpected surge in steel prices would be resolved quickly, a cautious estimate of the impact on future earnings resulted in a ¥2,480 million increase in provisions for contract losses from the end of the previous consolidated fiscal year. The operating loss was ¥6,419 million, compared with an operating loss of ¥3,852 million in the same period of the previous year.」
While improvements in construction costs and the effects of structural reform were evident, the surge in steel prices increased provisions for contract losses by ¥2,480 million, widening the operating loss from the same period of the previous year. - FY2022-Q1WorsenedAnnual report
「The company had expected substantial year-on-year improvement from the return to profitability at 佐世保重工業株式会社 through fundamental structural reform, Group-wide cost reductions, and the effects of the weaker yen. However, after an unexpected demand for a substantial increase in steel prices led it to revise the costs of all vessels already ordered, the estimated impact exceeded ¥7.5 billion. As a result of substantially increasing provisions for contract losses, the operating loss was ¥5,870 million, compared with an operating loss of ¥2,223 million in the same period of the previous year.」
The company had expected earnings to improve through structural reform and cost reductions, but revised the costs of all vessels already ordered following an unexpected, substantial increase in steel prices. This resulted in an estimated impact of more than ¥7.5 billion and a substantial increase in provisions for contract losses. - FY2021AdvancedAnnual report
「During the consolidated fiscal year, the company made capital investments of ¥4,634 million to further improve production efficiency, rationalize and reduce labor requirements to strengthen competitiveness, and improve the work environment in preparation for intensifying competition.」
Capital investment aimed at rationalization, labor saving, and related initiatives continued, bringing annual investment to ¥4,634 million. - FY2021-Q3AdvancedAnnual report
「The manufacturing cost ratio is improving substantially as a result of the Group-wide cost-reduction activities, although」
The company explained that the manufacturing cost ratio was improving substantially as a result of the Group's cost-reduction activities. It also plans to procure equipment and materials at lower prices and pursue thorough cost reductions without exception. - FY2021-Q2AdvancedAnnual report
「The full-scale production of large blocks for 佐世保重工業株式会社 at the company's Imari Works, which began in April this year, contributed to cost rationalization and the stabilization of the company's newbuilding process. Together with Group-wide cost-reduction activities, this led to a substantial year-on-year improvement in the manufacturing cost ratio.」
Full-scale production of large blocks at the Imari Works began and contributed to cost rationalization and the stabilization of the construction process. Together with the Group's cost-reduction activities, this led to a substantial year-on-year improvement in the manufacturing cost ratio. - FY2021-Q1AdvancedAnnual report
「As part of the Group's further cost-rationalization plan, full-scale production of large blocks for 佐世保重工業株式会社 at the company's Imari Works began in April this year.」
As a specific cost-rationalization measure, full-scale production of large blocks for 佐世保重工業株式会社 at the Imari Works began in April this year. - FY2020-Q3WorsenedAnnual report
「Progress on the cost-rationalization plan was delayed because it took time to optimize staffing, including personnel at on-site partner companies, and fundamentally review the production system at 佐世保重工業株式会社.」
The company explained that progress on the cost-rationalization plan was delayed because optimizing staffing and reviewing the production system took time. - FY2020-Q2WorsenedAnnual report
「The amount recognized as provisions for contract losses increased substantially in real terms, partly because progress on the Group-wide cost-rationalization initiatives has been delayed」
Delayed progress on cost rationalization was a factor behind the substantial increase in provisions for contract losses in real terms. - FY2020-Q1AdvancedAnnual report
「We will steadily implement the cost-rationalization plan, which has begun to produce results, and work to improve the estimated costs of all vessels in the order backlog and reduce provisions for contract losses, with the cooperation of equipment and materials suppliers, including through price adjustments for steel, which is experiencing a pronounced global oversupply.」
The company described the cost-rationalization plan as having “begun to produce results” and outlined specific measures, including steel price adjustments with the cooperation of equipment and materials suppliers, improvements in estimated costs for all vessels in the order backlog, and reductions in provisions. - FY2019SoftenedAnnual report
「During the consolidated fiscal year, the company made capital investments of ¥4,063 million to further improve production efficiency, rationalize and reduce labor requirements to strengthen competitiveness, and improve the work environment in preparation for intensifying competition.」
Capital investment in rationalization, labor saving, and production efficiency improvements continued, but investment declined from ¥5,064 million the previous fiscal year to ¥4,063 million. - FY2019-Q3RestatedAnnual report
「We will work to further improve cost competitiveness, productivity, and quality by strengthening production management and reviewing materials procurement, while improving customer satisfaction through proactive sales activities.」
The company continues to pursue improvements in productivity and cost competitiveness, which it has targeted previously, through stronger production management and a review of materials procurement. - FY2019-Q2ReframedAnnual report
「We will improve cost competitiveness, productivity and technological development capabilities by strengthening production management and reviewing materials procurement, while working to improve customer satisfaction through further quality improvements.」
The means of improving productivity and cost competitiveness have become more specific, shifting from the previous focus on capital investment, rationalization, and labor saving to strengthening production management and reviewing materials procurement. - FY2018SoftenedAnnual report
「During the consolidated fiscal year, the company made capital investments of ¥5,064 million to further improve production efficiency, rationalize and reduce labor requirements to strengthen competitiveness, and improve the work environment in preparation for intensifying competition.」
Capital investment in rationalization, labor saving, and production efficiency improvements continued, but total investment declined from ¥6,178 million the previous fiscal year to ¥5,064 million. The newbuilding business received ¥2,707 million and the ship repair business ¥1,291 million. - FY2018-Q2RestatedAnnual report
「By securing an appropriate operating rate, we will improve cost competitiveness, productivity, technological development capabilities, and quality, while continuing efforts to further improve customer satisfaction.」
The company continues to target improvements in cost competitiveness, productivity, technological development capabilities, and quality by securing an appropriate operating rate. - FY2017AdvancedAnnual report
「During the consolidated fiscal year, the company made capital investments of ¥6,178 million to further improve production efficiency, rationalize and reduce labor requirements to strengthen competitiveness, and improve the work environment in preparation for intensifying competition.」
The company invested ¥6,178 million during the consolidated fiscal year, up from ¥3,282 million the previous fiscal year. In the newbuilding business, ¥3,847 million was invested in modernization, labor-saving measures, and related initiatives. - FY2017-Q3AdvancedAnnual report
「Operating income was ¥553 million, up 11.5% year on year, partly reflecting the effects of cost reductions.」
The effects of cost reductions in the Machinery Business materialized as operating income of ¥553 million, up 11.5% year on year. - FY2017-Q2RestatedAnnual report
「The Group aims to improve profitability in the newbuilding business by raising productivity and reducing costs,」
The Group continues to cite higher productivity and lower costs in the newbuilding business as means of improving profitability. - FY2017-Q1RestatedAnnual report
「In addition to improving productivity and profitability in the newbuilding business by reducing costs,」
The company again cited higher productivity and lower costs in the newbuilding business as means of improving profitability. - FY2016First statedAnnual report
「During the consolidated fiscal year, the company made capital investments of ¥3,282 million to further improve production efficiency, rationalize and reduce labor requirements to strengthen competitiveness, and improve the work environment in preparation for intensifying competition.」
The company invested ¥3,282 million during the consolidated fiscal year to improve production efficiency, competitiveness, rationalization and labor saving, and the work environment.