Improving profitability through business reform
First written in FY2016. 6 of 15 entries say "Restated". Latest entry: FY2027-H1.
6 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「In addition to the decline in sales, each level of profit decreased both from the forecast and from the same period of the previous year due to a temporary decline in productivity lasting approximately 2 months, caused by sudden failures affecting some of the main production equipment in Japan, and the resulting equipment repair costs.」
In addition to the decline in sales, failures of the main production equipment caused a productivity decline of approximately 2 months and resulted in repair costs, causing profit at each level to decline from both the forecast and the same period of the previous year during the interim period. - FY2026AdvancedAnnual report
「Revenue declined year on year, while operating income and ordinary income increased. Total sales were ¥11,039 million, down ¥77 million from the previous fiscal year [down 0.7%]. Operating income was ¥879 million, up ¥124 million [up 16.5%], and ordinary income was ¥941 million, up ¥127 million [up 15.6%].」
Although revenue declined, operating income and ordinary income increased against a backdrop of productivity improvements and other factors, and the company disclosed the full-year results of its profitability improvement efforts. - 2026-05-13Cited as achievedResults
「各段階利益は生産性改善等により増益となりました。」
生産性改善等を要因として、営業利益、経常利益、親会社株主に帰属する当期純利益が前期を上回った実績を記載している。 - FY2026-H1AdvancedAnnual report
「In terms of profit, profit increased both domestically and overseas compared with the previous fiscal year and against the earnings forecast, owing to productivity improvements and other factors.」
The company explained that productivity improvements and other factors led to higher profit both domestically and overseas as part of its efforts to improve profitability through business reform. - FY2025AdvancedAnnual report
「Revenue increased year on year due to growth in domestic transmission components and xEV components and increased orders for non-pulley products in China, while operating income and ordinary income increased,」
The company disclosed higher revenue, operating income and ordinary income, attributing the improvement in profitability to domestic growth in transmission components and xEV components and increased orders for non-pulley products in China. - FY2025-H1AdvancedAnnual report
「Compared with the same period of the previous year, revenue and profit increased as a result of growth in domestic transmission components and xEV components and productivity improvements in these businesses.」
The company explained that growth in domestic transmission components and xEV components and productivity improvements led to higher revenue and profit as part of its efforts to improve profitability. - FY2024-Q3RestatedAnnual report
「The Group is implementing measures including reorganizing its production system to improve the profitability of its core products, pulleys and transmission components, and has started producing motor cores for xEV components at Key Next, the joint venture established two years ago.」
The company continues to reorganize its production system to improve the profitability of its core and next-generation products, and is also producing motor cores. - FY2024-Q2RestatedAnnual report
「In this environment, the Group has been implementing improvement initiatives aimed at increasing the profitability of its core transmission components and pulleys, and began producing xEV components (motor cores) at Keynext, a joint venture established last year.」
The company continues improvement initiatives aimed at increasing the profitability of transmission components and pulleys. - FY2024-Q1RestatedAnnual report
「In this environment, the Group has been implementing improvement initiatives aimed at increasing the profitability of its core transmission components and pulleys, preparing a system to increase production of xEV components, and preparing for production in the motor-core business.」
The company continues to pursue initiatives to improve the profitability of its core pulley products and next-generation products, and is advancing the establishment of a production system for increased output of xEV components as a specific measure. - FY2023-Q3RestatedAnnual report
「The Group is promoting initiatives to improve the profitability of its core pulley products and next-generation products, while actively preparing for the start of operations at Key Next Co., Ltd., established in October 2022 as the new motor-core company, and pursuing initiatives such as carbon neutrality under the slogan “We will take on the challenge of a new world.”」
The company continues to pursue initiatives to improve the profitability of its core pulley products and next-generation products, while also preparing for the start of operations at the new company and pursuing initiatives toward carbon neutrality. - FY2023-Q2RestatedAnnual report
「The Group is promoting initiatives to improve the profitability of its core pulley products and next-generation products, while」
The company continues to promote initiatives to improve the profitability of its core pulley products and next-generation products. - FY2023-Q1RestatedAnnual report
「The Group is promoting initiatives to improve the profitability of its core pulley products and next-generation products, while actively preparing to establish a new motor-core company through a joint venture and pursuing initiatives such as carbon neutrality under the slogan “We will take on the challenge of a new world.”」
The company continues to promote initiatives to improve the profitability of its core pulley products and next-generation products. Preparations for establishing the new company and initiatives toward carbon neutrality are also presented as part of the same activities. - FY2022ReframedAnnual report
「Basic strategies 1. Secure profitability from pulleys, transmission components and xEV components ・Improve productivity and rebuild the production system for increased output ・Conduct active development and sales expansion activities at all operations 2. Enter the motor-core-related business ・Build a production system at the new company ・Establish a support system for the new company ・Accumulate and standardize technology 3. Build an attractive company ・Establish a comfortable work environment focused on employee safety, health and peace of mind ・Company-wide efforts toward carbon neutrality ・In-house research and development activities focused on the near future ・Reform administrative management at domestic subsidiaries 4. Shareholder returns ・Continue to pay stable dividends」
The framework for improving profitability has been reorganized into four strategies: securing profitability from pulleys, transmission components and xEV components; the motor-core business; the workplace and environment; and shareholder returns. - FY2021ReframedAnnual report
「a Securing profitability from next-generation products ・Promote sales expansion for transmission components and xEV components and establish a production system for increased output b Securing high profitability from the core pulley product ・Expand pulley sales at overseas operations ・Improve productivity by consolidating production lines ・Secure profitability by streamlining inspections」
The previous objective of “improving profitability through business reform” has been reorganized under the Eighth Medium-Term Management Plan into securing profitability from next-generation products and securing high profitability from the core pulley product, with specific measures also defined. - FY2016First statedAnnual report
「2. Improving profitability through business reform」
As one of its management policies for fiscal 2016, the company identified improving profitability through equipment upgrades, productivity gains, stronger quality assurance systems and support for overseas operations.