Persistently High US Labor and Scrap Costs
First written in FY2017-Q3. 8 of 20 entries say "Mitigated", first in FY2022-Q1. Latest entry: 2026-06-05.
T.Rad moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 8 of 11 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- 2026-06-05AchievedGeneral Meetings of Shareholders
「In addition, progress on the production-transfer project enabled the U.S. business to return to profitability for the first time in 8 years.」
The U.S. business’s return from an operating loss to operating income was followed by a return to profitability after 8 years. - FY2026MitigatedAnnual report
「Operating profit improved by ¥1,169 million year on year to ¥591 million, as profitability improved with higher productivity resulting from progress on the production transfer project.」
In the United States, operating profit improved with progress on the production transfer project and higher productivity, moving from an operating loss in the previous year to ¥591 million in operating profit. - 2026-04-27MitigatedEarnings presentation
「The production-transfer project to Japan and ASEAN was effective, tariff concerns resulted in a soft landing, and earnings increased by approximately ¥1.2 billion, bringing the business into the black for the first time in 7 fiscal years.」
The U.S. business moved from an operating loss to operating income, as the factors weighing on profitability diminished. - FY2026-H1MitigatedAnnual report
「Operating profit improved by ¥905 million year on year to ¥354 million, as support from group companies under the production transfer project progressed.」
In the United States, support from group companies under the production transfer project progressed, improving results from an operating loss to ¥354 million in operating profit. - FY2025MitigatedAnnual report
「Operating profit increased by ¥1,770 million year on year to ¥578 million in operating loss, as profitability improved with support from group companies under the production transfer project.」
In the United States, profitability improved with support from group companies under the production transfer project, narrowing the operating loss from ¥2,348 million in the previous year to ¥578 million. - FY2025-H1MitigatedAnnual report
「Operating profit improved by ¥975 million year on year to ¥550 million in operating loss, due mainly to improved productivity with support from the domestic core site and lower depreciation expenses.」
In the United States, the operating loss narrowed from ¥1,526 million in the previous year to ¥550 million due to support from the domestic core site, improved productivity and lower depreciation expenses. - FY2024MitigatedAnnual report
「Operating profit improved by ¥1,316 million year on year to ¥2,348 million in operating loss, as productivity improved with support from the domestic core site, depreciation expenses declined, and the pass-through of materials, component and energy costs into selling prices progressed.」
In the United States, the operating loss narrowed due to improved productivity, lower depreciation expenses and the pass-through of materials and energy costs into selling prices, but an operating loss of ¥2,348 million was still recorded. - FY2024-Q3MitigatedAnnual report
「Operating profit increased by ¥789 million year on year to ¥2,222 million in operating loss, as depreciation expenses declined and the pass-through of materials, component and energy costs into selling prices progressed.」
In the United States, the pass-through of materials, component and energy costs into selling prices progressed, narrowing the operating loss from ¥3,011 million in the previous year to ¥2,222 million. - FY2024-Q1WorsenedAnnual report
「Operating profit decreased by ¥277 million year on year to ¥680 million in operating loss, due mainly to higher materials and component costs and increased labor costs. On a foreign-currency basis, profit declined by 54.6%.」
In the United States, the operating loss widened due to higher materials and component costs and increased labor costs, resulting in a ¥277 million year-on-year decline in operating profit. - FY2023-Q3WorsenedAnnual report
「Operating profit decreased by ¥2,613 million year on year to ¥3,011 million in operating loss, due mainly to increases in materials and component costs, labor costs and logistics costs.」
In the United States, the operating loss widened to ¥3,011 million due mainly to increases in materials and component costs, labor costs and logistics costs, resulting in a ¥2,613 million year-on-year decline in operating profit. - FY2023-Q2WorsenedAnnual report
「Operating profit declined by ¥1,612 million year on year to a loss of ¥1,625 million due to higher material and component costs, higher labor and logistics costs, and other factors.」
In the United States, higher materials and component costs, in addition to rising labor and logistics costs, weighed on operating profit, resulting in a wider operating loss. - FY2022-Q1MitigatedAnnual report
「Operating profit improved by ¥98 million year on year to a loss of ¥50 million due to reductions in scrap costs and fixed costs, among other factors.」
In the U.S., the operating loss narrowed from ¥149 million in the same period of the previous year to ¥50 million due to reductions in scrap costs and fixed costs. - FY2021-Q3DroppedAnnual report
「Operating profit declined by ¥928 million from the previous period to a loss of ¥1,563 million due to lower revenue and other factors.」
For the cumulative third-quarter period, the factors cited for the decline in U.S. segment operating profit were lower revenue and other factors, with the separate mention of persistently high labor and scrap costs removed. - FY2020WorsenedAnnual report
「Operating profit declined by ¥566 million from the previous period to a loss of ¥892 million due to higher costs resulting from tariff increases, higher scrap costs and other factors.」
In the U.S., the full-year operating loss widened to ¥892 million due to tariff increases and higher scrap costs. - FY2020-Q3WorsenedAnnual report
「Operating profit declined by ¥606 million year on year to a loss of ¥635 million due to higher costs resulting from tariff increases, higher scrap costs and other factors.」
In the U.S., higher costs resulting from tariff increases and higher scrap costs continued, and the operating loss widened from ¥28 million in the same period of the previous year to ¥635 million. - FY2020-Q2WorsenedAnnual report
「Operating profit declined by ¥398 million year on year to a loss of ¥150 million due to higher costs resulting from tariff increases, higher scrap costs and other factors.」
In the U.S., higher costs resulting from tariff increases and higher scrap costs continued, resulting in an operating loss of ¥150 million. - FY2020-Q1MaterialisedAnnual report
「Operating profit decreased by ¥235 million year on year to ¥36 million, due to higher costs resulting from tariff increases, increased scrap expenses and other factors.」
U.S. scrap costs, whose mention had once disappeared, have again emerged in the results as a factor behind the decline in operating profit. - FY2018DroppedAnnual report
「Operating profit increased by ¥1,012 million from the previous period to ¥678 million. On a foreign-currency basis, operating profit increased 309.4%.」
The filing does not separately mention persistently high U.S. labor and scrap costs, and the U.S. segment reported operating profit of ¥678 million. - FY2017WorsenedAnnual report
「Operating profit increased by ¥631 million year on year as production disruptions subsided, but remained negative at ¥334 million due to persistently high labor and scrap costs, among other factors.」
Labor and scrap costs remained high even after production disruptions in the U.S. subsided, resulting in a full-year operating loss of ¥334 million. - FY2017-Q3First statedAnnual report
「Operating income increased by ¥355 million year on year as the production disruptions subsided, but remained at a loss of ¥141 million due to persistently high labor costs, scrap costs and other expenses.」
In the U.S., persistently high labor and scrap costs have translated into an actual operating loss.