Expense Reductions through Business Restructuring and Rationalization and Profit Recovery
First written in FY2016. 15 of 34 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
Tanaka Seimitsu Kogyo moved to the "Worse" side of this theme in 2026.
1 other company's latest entry also says "Other".
- FY2026Profit declined despite higher sales, due to the North American product mix and launch costsAnnual report
「Revenue increased to ¥43,790 million, up 8.2% year on year, through the consolidation of 米谷製作所 and increased revenue in the solutions business. In terms of profit and loss, changes in the product mix in North America and new-launch costs resulted in operating income of ¥2,372 million, down 12.3%, and ordinary income of ¥2,554 million, down 18.5%.」
Revenue increased through the consolidation of 米谷製作所 and expansion of the solutions business, while changes in the North American product mix and new-launch costs reduced operating income and ordinary income. - 2026-05-14WorsenedEarnings
「As for profit and loss, operating profit was ¥2,372 million, down 12.3% year on year, due to changes in the product mix sold in North America and new launch costs. Ordinary profit was ¥2,554 million, down 18.5%, and net income attributable to owners of the parent was ¥1,194 million, down 33.2%, due to the recognition of an extraordinary loss.」
Although sales increased, each profit measure declined due to changes in the North American product mix, new launch costs and an extraordinary loss. - FY2026-H1Higher revenue, but lower operating and ordinary income due to lower North American revenueAnnual report
「Under these conditions, the consolidation of 米谷製作所 and increased revenue in the solutions business brought revenue to ¥20,400 million, up 3.8% year on year. In terms of profit and loss, lower revenue in North America resulted in operating income of ¥1,267 million, down 8.7%, ordinary income of ¥1,391 million, down 13.0%, and interim net income attributable to owners of the parent of ¥971 million, up 0.6%.」
Revenue increased through the consolidation of 米谷製作所 and expansion of the solutions business, while lower North American revenue reduced operating income and ordinary income. Interim net income attributable to owners of the parent increased slightly year on year. - FY2025-H1AdvancedAnnual report
「Under these conditions, despite changes in the composition of overseas revenue, increased domestic automobile sales brought revenue to ¥19,649 million, up 0.3% year on year, operating income to ¥1,388 million, up 9.4%, ordinary income to ¥1,599 million, up 17.1%, and interim net income attributable to owners of the parent to ¥966 million, up 26.2%.」
Despite changes in the composition of overseas revenue, increased domestic automobile sales lifted revenue by 0.3% year on year, while operating income, ordinary income, and interim net income attributable to owners of the parent exceeded the same period of the previous year. - FY2024AdvancedAnnual report
「Higher revenue from the recovery in production and the foreign-exchange translation effect brought revenue to ¥42,545 million, up 24.3% year on year, operating income to ¥3,663 million, up 67.5%, ordinary income to ¥3,974 million, up 39.8%, and net income attributable to owners of the parent to ¥2,218 million, up 117.0%.」
The recovery in production and the foreign-exchange translation effect lifted revenue, operating income, ordinary income, and profit attributable to owners of the parent above the previous fiscal year's levels, with earnings recovery progressing in the full-year results. - FY2024-Q3AdvancedAnnual report
「Against this backdrop, net sales were ¥30,159 million, up 26.1% year on year, operating profit was ¥2,461 million, up 171.5%, ordinary profit was ¥2,704 million, up 78.6%, and net profit attributable to owners of the parent was ¥1,596 million, up 644.6%, due to the recovery in production and the foreign currency translation effect.」
The recovery in production and the foreign-exchange translation effect increased revenue, and operating income, ordinary income, and profit attributable to owners of the parent exceeded the same period of the previous year. Earnings recovery is progressing in the cumulative results through the third quarter. - FY2024-Q2AdvancedAnnual report
「Under these conditions, higher revenue from the recovery in production and the foreign-exchange translation effect brought revenue to ¥19,591 million, up 24.6% year on year, operating income to ¥1,269 million, up 223.1%, ordinary income to ¥1,366 million, up 264.6%, and quarterly net income attributable to owners of the parent to ¥765 million (quarterly net loss attributable to owners of the parent of ¥89 million in the same quarter of the previous year).」
The recovery in production and the foreign-exchange translation effect increased revenue, while operating income and ordinary income rose significantly year on year, and profit attributable to owners of the parent turned from a loss in the same period of the previous year into profit of ¥765 million. - FY2024-Q1AdvancedAnnual report
「Amid these conditions, higher revenue from the recovery in production and foreign-exchange translation effects resulted in revenue of ¥9,216 million, up 30.4% year on year, operating profit of ¥334 million (an operating loss of ¥33 million in the same quarter of the previous year), ordinary profit of ¥388 million (an ordinary loss of ¥23 million), and quarterly net profit attributable to owners of the parent of ¥196 million (a quarterly net loss attributable to owners of the parent of ¥211 million).」
The effects of higher revenue from the recovery in production and the foreign-exchange translation effect turned operating income, ordinary income, and profit attributable to owners of the parent from losses in the same period of the previous year into profits, with earnings recovery evident in the quarterly results. - FY2023-Q3Higher profit from fixed-cost reductions, foreign exchange, and tax refundsAnnual report
「In terms of profit and loss, despite the effects of production cuts and higher resource prices, fixed-cost reductions associated with structural reforms and the foreign-exchange translation effect resulted in operating income of ¥906 million, up 12.8% year on year. In addition, because a tax credit refund at a U.S. subsidiary was recognized as non-operating income, ordinary income was ¥1,514 million, up 68.8%. Due to the recognition of deferred tax liabilities, quarterly net income attributable to owners of the parent was ¥214 million, up 3.7%.」
While the effects of production cuts and higher resource prices remained, operating income increased through fixed-cost reductions and the foreign-exchange translation effect, and ordinary income also increased significantly due to the tax credit refund at the U.S. subsidiary. - FY2023-Q2Lower profit year on year due to production cuts and higher resource prices; loss attributable to owners of the parentAnnual report
「In terms of profit and loss, although fixed costs were reduced in connection with structural reforms and other measures, the effects of production cuts and higher resource prices resulted in operating income of ¥392 million, down 28.6% year on year, ordinary income of ¥374 million, down 41.4%, and a quarterly net loss attributable to owners of the parent of ¥89 million (quarterly net income attributable to owners of the parent of ¥13 million in the same quarter of the previous year).」
Although fixed-cost reductions continued, the effects of production cuts and higher resource prices caused operating income and ordinary income to fall below the same period of the previous year, and profit attributable to owners of the parent turned from a profit in the same period of the previous year into a loss. - FY2023-Q1Continued fixed-cost reductions, but production cuts resulted in a lossAnnual report
「Despite fixed-cost reductions associated with structural reforms and other measures, the impact of a substantial production cut resulted in an operating loss of ¥33 million (operating profit of ¥440 million in the same quarter of the previous year), an ordinary loss of ¥23 million (ordinary profit of ¥518 million), and a quarterly net loss attributable to owners of the parent of ¥211 million (quarterly net profit attributable to owners of the parent of ¥365 million).」
Although fixed-cost reductions associated with structural reforms continued, the significant impact of production cuts turned consolidated operating income, ordinary income, and profit attributable to owners of the parent from profits in the same period of the previous year into losses. - FY2022AdvancedAnnual report
「In terms of profit and loss, the effects of higher revenue and broad cost reductions resulted in operating income of ¥1,297 million (operating loss of ¥239 million in the previous fiscal year) and ordinary income of ¥1,291 million (ordinary loss of ¥197 million in the previous fiscal year).」
The effects of higher revenue and broad cost reductions turned operating income and ordinary income from losses in the previous fiscal year into profits, with earnings recovery through business reorganization and rationalization confirmed in the full-year results. - FY2022-Q3AdvancedAnnual report
「Under these conditions, although customers adjusted production due to the semiconductor shortage and other factors, higher orders resulting from the economic recovery and other factors brought revenue to ¥21,075 million, up 15.7% year on year. In terms of profit and loss, the effects of higher revenue and broad cost reductions resulted in operating income of ¥804 million (operating loss of ¥390 million in the same quarter of the previous year) and ordinary income of ¥896 million (ordinary loss of ¥321 million in the same quarter of the previous year). In addition, due to the recognition of restructuring costs as an extraordinary loss, quarterly net income attributable to owners of the parent was ¥206 million (quarterly net loss attributable to owners of the parent of ¥118 million in the same quarter of the previous year).」
Higher orders and broad cost reductions turned operating income, ordinary income, and quarterly net income attributable to owners of the parent from losses in the same period of the previous year into profits. Restructuring costs of ¥659 million were recognized as an extraordinary loss. - FY2022-Q2AdvancedAnnual report
「In terms of profit and loss, the effects of higher revenue and broad cost reductions resulted in operating income of ¥550 million (operating loss of ¥1,045 million in the same quarter of the previous year) and ordinary income of ¥639 million (ordinary loss of ¥992 million in the same quarter of the previous year). In addition, due to the recognition of restructuring costs as an extraordinary loss, quarterly net income attributable to owners of the parent was ¥13 million (quarterly net loss attributable to owners of the parent of ¥801 million in the same quarter of the previous year).」
The effects of higher revenue and broad cost reductions turned operating income and ordinary income from losses in the same quarter of the previous year into profits. However, quarterly net income attributable to owners of the parent was limited to ¥13 million because ¥633 million in restructuring costs was recognized as an extraordinary loss. - FY2022-Q1AdvancedAnnual report
「In terms of profit and loss, the effects of higher revenue and broad cost reductions resulted in operating income of ¥440 million (operating loss of ¥884 million in the same quarter of the previous year), ordinary income of ¥518 million (ordinary loss of ¥835 million in the same quarter of the previous year), and quarterly net income attributable to owners of the parent of ¥365 million (quarterly net loss attributable to owners of the parent of ¥518 million in the same quarter of the previous year).」
The effects of higher revenue and broad cost reductions turned operating income, ordinary income, and quarterly net income attributable to owners of the parent from losses in the same quarter of the previous year into profits, with the recovery in earnings evident in the results. - FY2021Operating loss reduced despite lower salesAnnual report
「In terms of profit and loss, despite the impact of the previously mentioned decline in revenue, cost reductions across the board resulted in an operating loss of ¥239 million (operating loss of ¥320 million in the previous fiscal year), an ordinary loss of ¥197 million (ordinary loss of ¥162 million in the previous fiscal year), and a net loss attributable to owners of the parent of ¥571 million (net loss attributable to owners of the parent of ¥670 million in the previous fiscal year).」
Broad cost reductions narrowed the operating loss and net loss attributable to owners of the parent from the previous fiscal year, but the ordinary loss widened, and the company remained in the red. - FY2021-Q3WorsenedAnnual report
「Regarding earnings, despite efforts to reduce total costs, operating loss was ¥390 million, compared with operating profit of ¥127 million in the same period of the previous year, ordinary loss was ¥321 million, compared with ordinary profit of ¥262 million, and the quarterly net loss attributable to owners of the parent was ¥118 million, compared with a quarterly net loss attributable to owners of the parent of ¥48 million in the same period of the previous year, due to the previously mentioned impact of the decline, among other factors.」
Despite continued reductions in total costs, operating profit and ordinary profit turned from profits in the same period of the previous year to losses due to the impact of lower revenue resulting from a decline in orders, while the quarterly net loss attributable to owners of the parent also increased from the same period of the previous year. - FY2021-Q2WorsenedAnnual report
「Regarding earnings, despite efforts to reduce total costs, operating loss was ¥1,045 million, compared with operating profit of ¥393 million in the same period of the previous year, ordinary loss was ¥992 million, compared with ordinary profit of ¥493 million, and the quarterly net loss attributable to owners of the parent was ¥801 million, compared with quarterly net profit attributable to owners of the parent of ¥198 million, due to the previously mentioned impact of lower revenue, among other factors.」
Despite continued reductions in total costs, operating profit, ordinary profit and profit attributable to owners of the parent all turned from profits in the same period of the previous year to losses due to the impact of lower revenue, and the loss amount also increased. - FY2021-Q1The Company turned loss-making due to lower revenue caused by COVID-19 despite continued cost reductionsAnnual report
「Regarding earnings, despite efforts to reduce total costs, operating loss was ¥884 million, compared with operating profit of ¥340 million in the same period of the previous year, ordinary loss was ¥835 million, compared with ordinary profit of ¥378 million, and the quarterly net loss attributable to owners of the parent was ¥518 million, compared with quarterly net profit attributable to owners of the parent of ¥166 million, due to the previously mentioned impact of lower revenue, among other factors.」
Despite continued reductions in total costs, operating profit, ordinary profit and profit attributable to owners of the parent all turned from profits in the same period of the previous year to losses due to the impact of lower revenue resulting from the economic downturn and other factors. - FY2020-Q3Consolidated profit deteriorated due to lower revenue, resulting in a loss attributable to owners of the parentAnnual report
「Regarding earnings, despite lower depreciation expenses and other costs in the United States, operating profit was ¥127 million, down 88.0% from the same period of the previous year, ordinary profit was ¥262 million, down 78.6%, and the Company posted a quarterly net loss attributable to owners of the parent of ¥48 million, compared with quarterly net profit attributable to owners of the parent of ¥729 million in the same period of the previous year.」
Despite lower depreciation expenses and other costs in the United States, operating profit and ordinary profit declined substantially due to the impact of lower revenue, and profit attributable to owners of the parent turned from a profit in the same period of the previous year to a loss of ¥48 million. - FY2020-Q2RestatedAnnual report
「In this environment, net sales amounted to ¥17,044 million, down 12.6% from the same period of the previous year, due to lower revenue resulting from a change in the fiscal year-end of the automotive sales subsidiary and lower sales of products for overseas markets from Thailand and Japan. Regarding earnings, despite lower depreciation expenses and other costs in the United States, operating profit was ¥393 million, down 44.7%, ordinary profit was ¥493 million, down 39.4%, and net profit attributable to owners of the parent was ¥198 million, down 53.2%, due to the impact of lower revenue, among other factors.」
Despite lower depreciation expenses and other costs in the United States, net sales, operating profit, ordinary profit and net profit attributable to owners of the parent all fell below the same period of the previous year due to the change in the fiscal year-end of the automotive sales subsidiary and lower sales of products for overseas markets, among other factors. Profit continues to decline due to the impact of lower revenue. - FY2020-Q1Profit declined due to the impact of lower revenueAnnual report
「Regarding earnings, operating profit was ¥340 million, down 25.2% from the same period of the previous year, ordinary profit was ¥378 million, down 27.1%, and net profit attributable to owners of the parent was ¥166 million, down 31.8%, due to the impact of lower revenue, despite higher sales in the United States and lower depreciation expenses, among other factors.」
Despite higher sales in the United States and lower depreciation expenses, operating profit, ordinary profit and net profit attributable to owners of the parent all fell below the same period of the previous year due to the impact of lower overall revenue. - FY2019-Q3RestatedAnnual report
「Regarding earnings, operating profit was ¥1,067 million, down 22.1% from the same period of the previous year, ordinary profit was ¥1,229 million, down 13.6%, and net profit attributable to owners of the parent was ¥729 million, down 23.0%, due to the change in the Thai subsidiary’s fiscal year-end and the impact of lower revenue in the United States, despite the revenue contribution from higher sales in Japan.」
Despite the revenue contribution from higher sales in Japan, operating profit, ordinary profit and net profit attributable to owners of the parent all fell below the same period of the previous year due to the change in the Thai subsidiary’s fiscal year-end and the impact of lower revenue in the United States. - FY2019-Q2Consolidated profit declined despite continued fixed-cost reductionsAnnual report
「Regarding earnings, operating profit was ¥712 million, down 34.5% from the same period of the previous year, ordinary profit was ¥815 million, down 27.2%, and net profit attributable to owners of the parent was ¥425 million, down 12.7%, due to the change in the Thai subsidiary’s fiscal year-end and the impact of lower revenue in the United States, despite the revenue contribution from higher sales in Japan and other factors. In Japan, the revenue contribution from higher sales of rocker arms for minicars and other products, together with fixed-cost reductions, resulted in a segment profit of ¥210 million, compared with a segment loss of ¥27 million in the same period of the previous year.」
While earnings in Japan improved due to higher sales and fixed-cost reductions, consolidated operating profit, ordinary profit and net profit attributable to owners of the parent all fell below the same period of the previous year due to the change in the Thai subsidiary’s fiscal year-end and the impact of lower revenue in the United States. - FY2019-Q1Overall profit declined despite continued fixed-cost reductionsAnnual report
「Regarding earnings, despite the revenue contribution from higher sales in Japan, operating profit was ¥455 million, down 50.6% from the same period of the previous year, ordinary profit was ¥518 million, down 45.4%, and net profit attributable to owners of the parent was ¥243 million, down 40.5%, due to the change in the Thai subsidiary’s fiscal year-end and the impact of lower revenue in the United States.」
Although higher sales in Japan and fixed-cost reductions contributed to earnings, operating profit, ordinary profit and net profit attributable to owners of the parent fell below the same period of the previous year due to the change in the Thai subsidiary’s fiscal year-end and the impact of lower revenue in the United States. - FY2018RestatedAnnual report
「Regarding earnings, despite fixed-cost reductions associated with the change in the Thai subsidiary’s fiscal year-end and structural reforms in Japan, among other factors, due to the impact of lower revenue in the United States,」
Fixed-cost reductions associated with the change in the Thai subsidiary’s fiscal year-end and structural reforms in Japan continued, but consolidated operating profit and ordinary profit fell below the previous fiscal year due to the impact of lower revenue in the United States. - FY2018-Q3Profit declined in the United States despite continued cost reductionsAnnual report
「Regarding earnings, despite fixed-cost reductions associated with the change in the Thai subsidiary’s fiscal year-end and structural reforms in Japan, operating profit was ¥1,371 million, down 34.6% from the same period of the previous year, and ordinary profit was ¥1,423 million, down 28.2%, due to the impact of lower revenue in the United States,」
Fixed-cost reductions associated with the change in the Thai subsidiary’s fiscal year-end and structural reforms in Japan continued, but operating profit and ordinary profit fell below the same period of the previous year due to the impact of lower revenue in the United States. - FY2018-Q2AdvancedAnnual report
「Although revenue declined, structural reforms in Japan, a change in the fiscal year-end of the Thai subsidiary and lower fixed costs resulting from reduced retirement benefit expenses resulted in operating profit of ¥1,087 million, up 2.5% year on year, ordinary profit of ¥1,119 million, up 16.9% year on year, and quarterly net profit attributable to owners of the parent of ¥486 million, up 84.7% year on year.」
Operating profit, ordinary profit and net profit attributable to owners of the parent exceeded the same period of the previous year, driven by structural reforms and fixed-cost reductions resulting from lower retirement benefit expenses, among other factors. - FY2018-Q1AdvancedAnnual report
「Regarding earnings, operating profit was ¥922 million, up 26.8% from the same period of the previous year, ordinary profit was ¥950 million, up 46.2%, and net profit attributable to owners of the parent was ¥408 million, up 144.9%, due to fixed-cost reductions resulting from a change in the fiscal year-end of the Thai subsidiary, structural reforms in Japan and lower retirement benefit expenses, despite the impact of lower revenue.」
Operating profit, ordinary profit and net profit attributable to owners of the parent exceeded the same period of the previous year, driven by the change in the Thai subsidiary’s fiscal year-end, structural reforms in Japan and fixed-cost reductions resulting from lower retirement benefit expenses. - FY2017AdvancedAnnual report
「Despite the impact of lower revenue, operating profit was ¥2,217 million, up 32.6% from the previous fiscal year, ordinary profit was ¥2,111 million, up 41.8%, and net profit attributable to owners of the parent was ¥1,003 million, up 47.2%, due to cost reductions, including lower depreciation expenses.」
Despite lower revenue, operating profit, ordinary profit and net profit attributable to owners of the parent increased due to cost reductions, with earnings improving during the fiscal year. - FY2017-Q3AdvancedAnnual report
「Regarding earnings, operating profit was ¥2,097 million, up 109.0% from the same period of the previous year, and ordinary profit was ¥1,980 million, up 131.8%, due to cost reductions, including lower depreciation expenses. Net profit attributable to owners of the parent was ¥810 million, down 39.3% year on year, partly because compensation received from a customer in connection with the impairment of production equipment had been recorded as extraordinary income in the same period of the previous year.」
Despite lower revenue, operating profit and ordinary profit increased due to cost reductions, including lower depreciation expenses, resulting in improved earnings. - FY2017-Q2AdvancedAnnual report
「Regarding earnings, despite the impact of lower revenue, operating profit was ¥1,061 million, up 51.8% from the same period of the previous year, and ordinary profit was ¥957 million, up 67.1%, due to cost reductions, including lower depreciation expenses. Net profit attributable to owners of the parent was ¥263 million, compared with a loss of ¥87 million in the same period of the previous year.」
Despite lower revenue, operating profit and ordinary profit increased due to cost reductions, while net profit attributable to owners of the parent turned from a loss in the same period of the previous year to a profit of ¥263 million. - FY2017-Q1AdvancedAnnual report
「Regarding earnings, despite the impact of lower revenue, operating profit was ¥727 million, up 124.7% from the same period of the previous year, and ordinary profit was ¥650 million, up 162.5%, due in part to the revenue contribution from newly launched products in the United States. In Japan, despite higher retirement benefit expenses, the segment loss was ¥1 million, compared with a segment loss of ¥87 million in the same period of the previous year, due in part to the effect of cost reductions.」
Despite lower revenue, the document describes the revenue contribution from newly launched products in the United States and the effect of cost reductions, resulting in improved consolidated profit and a smaller loss in the Japan segment compared with the same period of the previous year. - FY2016First statedAnnual report
「Regarding earnings, operating profit was ¥1,672 million, up 60.4% year on year, and ordinary profit was ¥1,489 million, up 76.8%, due to the effect of cost reductions from business reorganization and rationalization measures.」
Although revenue declined, the Company reported improved profit as a result of business reorganization and rationalization during the fiscal year.