Profit recovery through process improvements in Europe
First written in FY2019. 6 of 8 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2024.
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- FY2024AdvancedAnnual report
「Operating profit improved by ¥638 million from the previous fiscal year to ¥97 million, partly due to the local government's electricity cost subsidy policy.」
The Europe segment turned from an operating loss to operating profit of ¥97 million, with the electricity cost subsidy policy also contributing to earnings improvement. - FY2024-Q3AdvancedAnnual report
「Operating profit increased by ¥495 million year on year to ¥52 million, helped in part by the local government's electricity cost subsidy policy.」
Concrete improvement was reported in Europe's earnings recovery, with results turning from an operating loss to operating profit of ¥52 million. - FY2022AdvancedAnnual report
「Operating profit improved by ¥234 million year on year to a loss of ¥101 million, mainly due to a substantial increase in revenue and other factors.」
Concrete progress was reported in process improvement and earnings recovery in Europe, with the operating loss improving by ¥234 million year on year and the loss narrowing. - FY2022-Q1AdvancedAnnual report
「Operating profit improved by ¥160 million year on year to ¥54 million, mainly due to an improved cost ratio for major awarded models and other factors. On a foreign-currency basis, earnings increased 144.8%.」
In Europe, including the Czech Republic, progress in improving the cost ratio of major order models has produced tangible improvement, with operating results turning from an operating loss to operating profit. - FY2021-Q3AdvancedAnnual report
「Operating profit improved by ¥493 million year on year to an operating loss of ¥317 million, mainly due to the stabilization of production for newly awarded models in the Czech Republic and other factors. On a foreign-currency basis, earnings increased 60.4%.」
Progress in stabilising production of newly awarded models in the Czech Republic improved the operating loss of the European segment by ¥493 million year on year. - FY2021-Q2AdvancedAnnual report
「Operating profit improved by ¥287 million year on year to an operating loss of ¥279 million, mainly due to the stabilization of production for newly awarded models in the Czech Republic and other factors. On a foreign-currency basis, earnings increased 47.4%.」
Progress in stabilising production of newly awarded models in the Czech Republic resulted in a specific improvement of ¥287 million year on year in the operating loss of the European segment. - FY2020RestatedAnnual report
「At the Czech subsidiary, we will improve the production processes for heat exchangers for large trucks and EGR coolers currently in mass production and seek to restore profitability.」
In Europe, a policy was presented of pursuing process improvements and earnings recovery in the Czech Republic, as well as launching mass production of new models and achieving profitability in Russia. - FY2019First statedAnnual report
「In Europe, we will improve the production processes for heat exchangers for large trucks and EGR coolers currently in mass production, seek to restore profitability, and provide customers with high-quality products.」
For heat exchangers for large trucks and EGR coolers in Europe, earnings recovery through process improvements was presented as a new regional initiative.