Management metric focused on the operating margin
First written in FY2017. 7 of 22 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-11-12.
The whole theme swung hardest in 2019: 4 of 25 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- 2026-11-12Cited as achievedFinancial results presentation
「（営業利益率） (8.5%) (7.2%) (+1.3pt)」
第2四半期累計の営業利益率が8.5％となり、前年同期から1.3ポイント上昇した実績を記載している。 - FY2026RaisedAnnual report
「Under the new medium-term management plan, "TRS Vision-2030," the Group has established management targets of net sales of ¥50 billion in 2030, an operating margin of 9% and ROE of at least 9%, and will work to improve earnings power and capital efficiency.」
The Group established multiple time-bound management targets, replacing the previous 5% operating margin target for fiscal 2025 with net sales of ¥50 billion in 2030, an operating margin of 9% and ROE of at least 9%. - FY2026-H1AdvancedAnnual report
「In terms of profit, operating profit increased by ¥510 million, or 68.8%, from the same period of the previous year to ¥1,253 million, and ordinary profit increased by ¥530 million, or 63.4%, to ¥1,367 million, as a result of higher sales, the impact of the product mix and cost-reduction initiatives such as improving production efficiency.」
Although no change to the 5% operating margin target for fiscal 2025 was stated, the company reported measurable improvement in profitability, with operating income increasing 68.8% year on year through production efficiency improvements and other measures. - FY2025RestatedAnnual report
「From the perspective of prioritizing profitability, the Group uses the operating margin as a management metric. The target under the current medium-term plan is 5% for fiscal 2025, and the Group will set a new target for the following fiscal year and beyond while aiming for sustainable growth.」
While maintaining the current medium-term plan's 5% target for fiscal 2025, the Group stated its policy of setting a new target for the following fiscal year and beyond. No new numerical target or result against the current target has yet been disclosed. - FY2024AdvancedAnnual report
「From the perspective of prioritizing profitability, the Group uses the operating margin as a management metric and has set a medium-term target of 5% for fiscal 2025, while aiming for sustainable growth.」
While maintaining its 5% operating margin target for fiscal 2025, the Group generated operating income of ¥1.397 billion in the current fiscal year, an improvement from ¥823 million in the previous year. It continues to pursue product development for NEVs, new customer acquisition and cost reduction. - FY2024-Q3AdvancedAnnual report
「Although costs continued to rise due to higher material and procured component prices, operating profit increased by ¥828 million, or 280.0%, to ¥1,124 million, and ordinary profit increased by ¥779 million, or 170.6%, to ¥1,236 million, as a result of promoting manufacturing efficiency and fixed-cost reductions.」
Although the 5% operating margin target for fiscal 2025 itself remains unchanged, operating income improved 280.0% year on year to ¥1.124 billion through manufacturing efficiency improvements and fixed-cost reductions. - FY2024-Q2AdvancedAnnual report
「In terms of profit, although challenging business conditions continued due to soaring material and component prices and energy costs, including electricity, operating profit improved by ¥721 million to ¥651 million and ordinary profit increased by ¥677 million to ¥728 million as a result of continued cost-reduction initiatives such as improving manufacturing process efficiency and cutting fixed costs.」
Although the 5% operating margin target for fiscal 2025 itself remains unchanged, operating income improved from a loss in the same period of the previous year to ¥651 million through manufacturing process efficiency improvements and fixed-cost reductions. - FY2024-Q1AdvancedAnnual report
「In terms of profit, although challenging business conditions continued due to surging energy costs, including electricity charges, the company continued to pursue cost-reduction initiatives such as improving manufacturing process efficiency and cutting fixed costs. In addition, as a result of advancing price pass-through for the impact of soaring material prices and other costs, operating profit improved by ¥407 million to ¥250 million, ordinary profit improved by ¥411 million to ¥297 million, and net profit attributable to owners of the parent improved by ¥381 million to ¥179 million.」
Although the 5% operating margin target for fiscal 2025 itself has not been updated, the company reported measurable improvement in profitability, with operating loss turning into operating income through manufacturing efficiency improvements, fixed-cost reductions and the passing through of higher prices. - FY2023RaisedAnnual report
「From the perspective of prioritizing profitability, the Group uses the operating margin as a management metric and has set a medium-term target of 5% for fiscal 2025, while aiming for sustainable growth. Going forward, the Group will implement measures adapted to changes in the market environment, develop products for new-energy vehicles (NEVs), including xEVs and FCVs, expand sales by developing new customers for heat exchanger products, mainly existing environmentally compliant products, and promote coordinated cost-reduction activities across the Group to achieve sustainable growth.」
The Group had previously not publicly disclosed a medium- to long-term target figure, but has now stated a time-bound target operating margin of 5% for fiscal 2025 and identified NEV product development, new customer acquisition and cost reduction as the means of achieving it. - FY2023-Q3AdvancedAnnual report
「In terms of profit, despite higher costs accompanying surging utility expenses, persistently high aluminum and steel prices and logistics costs, and deteriorating production efficiency resulting from the spread of production adjustments caused by parts shortages, operating profit improved by ¥354 million from the same quarter of the previous year to ¥295 million through efficient production and cost-reduction initiatives. Ordinary profit improved by ¥399 million, or 691.4%, to ¥457 million.」
The operating loss in the same quarter of the previous year improved to operating income of ¥295 million, representing a temporary recovery in profitability. The company disclosed the measures taken, including cost-reduction activities, and the amount of the improvement. - FY2023-Q2WorsenedAnnual report
「In terms of profit, although cost-reduction and rationalization initiatives continued, operating income deteriorated by ¥94 million from the same quarter of the previous year, resulting in a loss of ¥69 million due to higher costs accompanying surging utility expenses, persistently high aluminum and steel prices and logistics costs, and deteriorating production efficiency resulting from the spread of production adjustments caused by parts shortages.」
Operating income of ¥24 million in the same quarter of the previous year turned into an operating loss of ¥69 million in the cumulative period of the current quarter, resulting in weaker profitability. The company states that cost-reduction and rationalization activities continued, but were outweighed by rising costs and other factors. - FY2023-Q1WorsenedAnnual report
「While cost-reduction and rationalization initiatives continued, operating loss was ¥157 million, compared with operating profit of ¥176 million in the same period of the previous year, due to higher costs from persistently high aluminum and steel prices and utility costs, and deteriorating production efficiency resulting from the spread of production adjustments caused by parts shortages.」
Operating income of ¥176 million in the same period of the previous year turned into an operating loss of ¥157 million in the current quarter, resulting in weaker profitability. - FY2022-Q3WorsenedAnnual report
「Operating loss of ¥58 million (an operating loss of ¥237 million in the same period of the previous year)」
Although the operating loss narrowed year on year, operating income of ¥24 million in the cumulative second quarter of the current fiscal year turned into an operating loss in the cumulative third quarter, and profitability was not sustained. - FY2022-Q2Continued operating profitability and narrower profit marginAnnual report
「In terms of profit, although cost-reduction and internal rationalization initiatives were pursued thoroughly, operating profit was ¥24 million as the impact of cost pressures from persistently high aluminum and steel prices and surging overseas freight costs continued, compared with an operating loss of ¥469 million in the same period of the previous year.」
Operating income for the cumulative second quarter of the current fiscal year was ¥24 million, turning profitable from an operating loss in the same period of the previous year. However, the impact of raw material prices and transportation costs continued, limiting the profit margin. - FY2022-Q1AdvancedAnnual report
「In terms of profit, cost pressures from persistently high aluminum and steel prices continued, but the recovery in sales and thorough cost-reduction and internal rationalization initiatives resulted in operating profit of ¥176 million, compared with an operating loss of ¥361 million in the same period of the previous year.」
In connection with the management metric focused on profitability, operating income of ¥176 million replaced an operating loss in the same period of the previous year. - FY2021-Q3WorsenedAnnual report
「In terms of profit, results improved on the recovery in sales and cost-reduction initiatives. However, the operating loss was ¥237 million, compared with operating profit of ¥449 million in the same period of the previous year, due to a decline in marginal profit resulting from lower sales in the first half, costs related to the medium- and long-term modernization of equipment at the Fujisawa Plant, and the recognition of income taxes and other adjustments resulting from a review of the recoverability of deferred tax assets.」
Although the operating margin itself was not stated, the company disclosed that operating income of ¥449 million in the same period of the previous year turned into an operating loss of ¥237 million in the cumulative period of the current quarter. - FY2020Non-disclosure of target figures and disclosure of actual resultsAnnual report
「From the perspective of prioritizing profitability, the Group uses the operating margin as a management metric. Although it does not publicly disclose a medium- to long-term target figure, it aims to achieve sustainable growth. The operating margin for the current consolidated fiscal year was 2.5%, a deterioration of 2.3 percentage points from the previous year.」
While maintaining its policy of using the operating margin as a management metric, the Group stated that it does not publicly disclose a medium- to long-term target figure and disclosed an actual operating margin of 2.5% for the current fiscal year. - FY2017First statedAnnual report
「From the perspective of prioritizing profitability, the Group uses the operating margin as a management metric.」
The operating margin was identified for the first time as a management metric for measuring profitability, but no specific target or timeframe was provided.