Transition to a More Profitable Business Structure and Cost Reduction Measures
First written in FY2017. 5 of 11 entries say "Advanced", first in FY2024. Latest entry: 2026-08-03.
39 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Operating profit increased ¥1,264 million year on year to ¥3,957 million, mainly due to higher revenue.」
In Japan, operating profit increased ¥1,264 million due to higher revenue and other factors, with the benefits of improved profitability continuing to be reflected in results. - 2026-04-28RestatedFinancial Results Presentation
「We expect higher earnings to result from a product mix effect driven by a higher proportion of high-margin products such as EGR coolers, as well as from productivity improvements and cost-reduction initiatives.」
The expected increase in Asian earnings was attributed to a higher proportion of high-margin products and the effects of productivity improvements and cost reductions. - FY2025AdvancedAnnual report
「Operating profit increased ¥1,187 million year on year to ¥2,692 million, as the pass-through of higher material, parts and energy costs into selling prices progressed.」
In Japan, operating profit increased as the pass-through of higher costs into selling prices progressed and costs improved. Group-wide operating profit also increased ¥2,965 million from the previous fiscal year, reflecting the transformation into a more profitable business. - FY2025-H1AdvancedAnnual report
「Operating profit increased year on year due to higher productivity and other factors. Operating profit increased ¥436 million to ¥2,561 million, up 20.5%.」
Higher productivity and other factors were reflected in higher Group-wide operating profit, which increased ¥436 million year on year. - FY2024AdvancedAnnual report
「Operating profit increased ¥320 million year on year to ¥1,505 million, as cost improvements from higher productivity progressed and the Company advanced the pass-through of higher material, parts and energy costs into selling prices.」
In Japan, cost improvements from higher productivity and the pass-through of higher costs into prices were reflected in higher operating profit. - FY2020RestatedAnnual report
「To respond to electrification and commoditization, as well as the production of large, specialized products in a wide variety of models and low volumes, and to secure an appropriate level of profit, the Company aims to establish a more efficient, cost-controlled structure spanning sales, development, production and marketing.」
The Company continues to streamline sales, development, production and marketing and control costs to secure an appropriate level of profit. - FY2019ReframedAnnual report
「To respond to electrification and commoditization, as well as the production of large, specialized products in a wide variety of models and low volumes, and to secure an appropriate level of profit, the Company aims to establish a more efficient, cost-controlled structure spanning sales, development, production and marketing.」
The strategic framework has been reorganized from the previous focus on “transformation into a profitable business” and “cost reduction” into the 11th Medium-Term Management Plan’s framework for securing an appropriate level of profit and reforming business processes. - FY2018Initiatives continued; profitability target not achievedAnnual report
「Based on these results, the Company will work to further improve productivity and pursue other initiatives under the next medium-term plan.」
Although the Company worked to reduce scrap and disposal costs and improve productivity, the ordinary profit margin fell short of the target, and the next medium-term plan calls for continued productivity improvement. - FY2017First statedAnnual report
「During the current consolidated fiscal year, the Group made “transformation into a profitable business” its top priority and worked across the Company to improve productivity, reduce procurement costs and eliminate wasteful expenses in order to lower costs and enhance competitiveness, while also improving the profitability of its US consolidated subsidiary T.RAD North America, Inc. (hereinafter, “TRA”).」
Making transformation into a profitable business its top priority, the Company is working to improve productivity, reduce procurement costs, cut expenses and improve TRA’s profitability.