Reducing materials and equipment procurement costs based on stable sourcing
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2021-Q2.
The whole theme swung hardest in 2022: 1 of 11 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2021-Q2RestatedAnnual report
「Fluctuations in raw-material, materials and energy prices are also a factor that can have a significant impact on business performance. With regard to fluctuations in steel prices, which account for a substantial portion of raw materials, the materials procurement division is working to negotiate prices, while the company is also working to absorb the impact through cost-reduction activities such as efficiency improvements in the construction process.」
The company continues its policy of responding to steel-price fluctuations through price negotiations by the materials procurement division and efficiency improvements and cost-reduction activities in the construction process. - FY2020-Q2RestatedAnnual report
「With regard to fluctuations in steel prices, which account for a substantial portion of raw materials, the materials procurement division is working to negotiate prices, while the company is also working to absorb the impact through cost-reduction activities such as efficiency improvements in the construction process.」
The company continues its policy of responding to steel-price fluctuations through price negotiations by the materials procurement division, efficiency improvements in the construction process and cost reductions. - FY2020-Q1RestatedAnnual report
「With regard to fluctuations in steel prices, which account for a substantial portion of raw materials, the materials procurement division is working to negotiate prices, while the company is also working to absorb the impact through cost-reduction activities such as efficiency improvements in the construction process.」
The company continues its policy of responding to steel-price fluctuations through price negotiations by the materials procurement division, efficiency improvements in the construction process and cost reductions. - FY2019-Q3RestatedAnnual report
「Fluctuations in raw-material, materials and energy prices are also a factor that can have a significant impact on business performance. During the third quarter of the current consolidated fiscal year, the company remained subject to upward pressure on steel prices, which account for a substantial portion of raw materials. Although the materials procurement division has worked to negotiate prices, the impact of market-price fluctuations cannot be avoided, and the company is working to absorb it through cost-reduction activities such as efficiency improvements.」
The company continues to respond to upward pressure on steel prices through price negotiations by the materials procurement division and cost-reduction activities such as efficiency improvements. - FY2019-Q1RestatedAnnual report
「Fluctuations in raw-material, materials and energy prices are also a factor that can have a significant impact on business performance. During the first quarter of the current consolidated fiscal year, the company remained subject to upward pressure on steel prices, which account for a substantial portion of raw materials. Although the materials procurement division has worked to negotiate prices, the impact of market-price fluctuations cannot be avoided, and the company is working to absorb it through cost-reduction activities such as efficiency improvements.」
In response to upward pressure on steel prices, the company describes its existing approach of absorbing the impact through price negotiations by the materials procurement division and cost-reduction activities such as efficiency improvements. - FY2017RestatedAnnual report
「Reducing procurement costs for materials and equipment is a major management issue for our group as a manufacturer. While making stable supply the overriding priority, the group will seek to reduce costs by expanding or narrowing its supplier base and will simultaneously implement measures to improve production efficiency, with the aim of improving overall profitability.」
The company has restated its policy of expanding and narrowing its supplier base and improving production efficiency while prioritizing stable supply. - FY2016First statedAnnual report
「Reducing procurement costs for materials and equipment is a major management issue for our group as a manufacturer. While making stable supply the overriding priority, the group will seek to reduce costs by expanding or narrowing its supplier base and will simultaneously implement measures to improve production efficiency, with the aim of improving overall profitability.」
The company is combining the expansion and narrowing of its supplier base with improvements in production efficiency, aiming to ensure stable supply and improve profitability.