Improving Production Efficiency for Household Equipment-Related Products
First written in FY2017-Q2. 7 of 21 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2024-Q3.
Mikuni moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
61 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「As operating expenses were reduced in this business, the operating loss narrowed to ¥413 million, compared with an operating loss of ¥573 million in the same period of the previous year.」
In the Gas Techno business, the company reduced expenses, narrowing the operating loss from ¥573 million in the same period of the previous year to ¥413 million. - FY2024-Q2MitigatedAnnual report
「As operating expenses were reduced in this business, the operating loss narrowed to ¥343 million, compared with an operating loss of ¥526 million in the same period of the previous year.」
In the Gas Techno business, the company reduced expenses, narrowing the operating loss from ¥526 million in the same period of the previous year to ¥343 million. - FY2024-Q1From improved production efficiency to narrowing losses through fixed-cost reductionsAnnual report
「Revenue from this business, which is centered on the manufacture and sale of control equipment for gas appliances and water-control equipment, declined from the same period of the previous year. Revenue was ¥1,298 million, down 6.6% year on year, due to factors including delayed recovery in demand in Japan and overseas and the continued downturn in China's property market, which affects demand for gas appliances. As for operating income, the operating loss narrowed to ¥167 million, compared with an operating loss of ¥209 million in the same period of the previous year, partly because the business reduced fixed costs.」
Following the name change from the Lifestyle Equipment-Related Products business to the Gas Techno business, the company explains that the operating loss narrowed as it reduced fixed costs, while the delayed recovery in demand and downturn in China's property market continued. - FY2023-Q2WorsenedAnnual report
「In addition to intensifying competition in the market as energy prices surged, the business was affected by the downturn in China's housing market. Revenue from this business was ¥3,138 million, down 4.0% year on year. Partly due to higher raw material prices and other factors, the operating loss was ¥526 million, compared with an operating loss of ¥165 million in the same period of the previous year.」
In the Lifestyle Equipment-Related Products business, revenue declined due to intensifying competition as energy prices surged, the downturn in China's housing market and higher raw material prices, while the operating loss also widened from the same period of the previous year. - FY2022WorsenedAnnual report
「Partly due to difficulties procuring raw materials, the operating loss was ¥10 million, compared with an operating loss of ¥2 million in the previous fiscal year.」
In Other businesses, the operating loss widened from ¥2 million in the previous fiscal year to ¥10 million due to difficulties procuring raw materials. - FY2022-Q3WorsenedAnnual report
「On the other hand, in addition to difficulties procuring components, the operating loss was ¥276 million, compared with an operating loss of ¥213 million in the same period of the previous year, partly due to higher raw material prices and logistics costs.」
In the Lifestyle Equipment-Related Products business, revenue increased, but the operating loss widened from the same period of the previous year due to difficulties procuring components and higher raw material prices and logistics costs. - FY2022-Q2AdvancedAnnual report
「As a result of reviewing its product strategy and working to improve production efficiency, revenue from this business increased 38.6% year on year to ¥3,267 million, and the operating loss narrowed to ¥165 million from an operating loss of ¥264 million in the same period of the previous year.」
In the Lifestyle Equipment-Related Products business, the company continued to review its product strategy and work to improve production efficiency, narrowing the operating loss from ¥264 million in the same period of the previous year to ¥165 million. - FY2021-Q2RestatedAnnual report
「In response to changes in the competitive environment, the Group reviewed its product strategy and restructured its organization. As a result, revenue from this business declined 15.1% year on year to ¥2,358 million, but the operating loss narrowed to ¥264 million from an operating loss of ¥285 million in the same period of the previous year.」
In the Lifestyle Equipment-Related Products business, the company continues to describe a review of its product strategy and organizational restructuring. Revenue declined, but the operating loss narrowed from the same period of the previous year. - FY2020From improved production efficiency to restructuring the product strategy and development and production organizationAnnual report
「As competition intensified in China, its main market, the Group reviewed its product strategy and restructured its development and production organization. As a result, revenue from this business was ¥5,819 million, down 12.2% from the previous fiscal year, and it reported an operating loss of ¥345 million, compared with an operating loss of ¥348 million in the previous fiscal year.」
In the Lifestyle Equipment-Related Products business, the focus has shifted from explaining improved production efficiency to reviewing the product strategy and restructuring the development and production organization in response to intensifying competition in China. - FY2020-Q3WorsenedAnnual report
「As competition intensified in China, its main market, the Group reviewed its products and restructured its development and production organization. As a result, revenue from this business was ¥4,335 million, down 16.1% year on year, and it reported an operating loss of ¥308 million, compared with an operating loss of ¥187 million in the same period of the previous year.」
In the Lifestyle Equipment-Related Products business, the company describes a review of its products and restructuring of its development and production organization in response to intensifying competition in China, but revenue declined and the operating loss widened from ¥187 million in the same period of the previous year to ¥308 million. - FY2020-Q2WorsenedAnnual report
「As government environmental policies have been slow to progress and competition has intensified in China, its main market, the Group restructured its organization and reviewed its product strategy. As a result, revenue from this business was ¥2,777 million, down 20.2% year on year, and it reported an operating loss of ¥285 million, compared with an operating loss of ¥123 million in the same period of the previous year.」
The company describes organizational restructuring and a review of its product strategy in response to delays in the implementation of environmental policies and intensifying competition in China, but revenue declined 20.2% and the operating loss widened from ¥123 million in the same period of the previous year to ¥285 million. - FY2020-Q1WorsenedAnnual report
「Revenue from this business, which is centered on the manufacture and sale of control equipment for gas appliances and water-control equipment, declined from the same period of the previous year. In China, its main market, the government's environmental policies have been slow to progress and competition has intensified, so the Group is reviewing its product strategy and restructuring its organization. As a result, revenue from this business was ¥1,319 million, down 20.6% year on year, and it reported an operating loss of ¥166 million, compared with an operating loss of ¥20 million in the same period of the previous year.」
The company states that, in the Lifestyle Equipment-Related Products business, delays in the implementation of environmental policies and intensifying competition in China led to lower revenue and a wider operating loss. It has also begun reviewing its product strategy and restructuring its organization. - FY2019-Q3WorsenedAnnual report
「Partly due to sluggish sales of products for overseas markets, mainly in China, revenue from this business was ¥5,166 million, down 11.9% year on year, and it reported an operating loss of ¥187 million, compared with operating profit of ¥211 million in the same period of the previous year.」
In the Lifestyle Equipment-Related Products business, production of products for overseas markets remained sluggish, and results deteriorated from operating profit in the same period of the previous year to an operating loss. As in the previous quarter, stagnant overseas production is identified as a factor behind the deterioration in earnings. - FY2019-Q2Widening operating losses due to sluggish production for overseas marketsAnnual report
「Partly due to sluggish production of products for overseas markets, revenue from this business was ¥3,480 million, down 5.3% year on year, and it reported an operating loss of ¥123 million, compared with operating profit of ¥109 million in the same period of the previous year.」
The company states that production of products for overseas markets remained sluggish in the Lifestyle Equipment-Related Products business, which deteriorated from operating profit in the same period of the previous year to an operating loss. - FY2019-Q1From improved production efficiency to sluggish overseas productionAnnual report
「Housing starts in Japan remained flat, but production of products for overseas markets was sluggish. As a result, revenue from this business was ¥1,663 million, down 2.2% year on year, and it reported an operating loss of ¥20 million, compared with operating profit of ¥15 million in the same period of the previous year.」
For the Lifestyle Equipment-Related Products business, the focus has shifted from the previous description of improved production efficiency to sluggish production of products for overseas markets, lower revenue and an operating loss. - FY2018-Q3RestatedAnnual report
「On the other hand, the pace of improvement in production efficiency slowed somewhat.」
The company continues to explain that, while improvements in production efficiency for Lifestyle Equipment-Related Products are continuing, their pace has slowed somewhat. - FY2018-Q2SoftenedAnnual report
「On the other hand, the pace of improvement in production efficiency slowed somewhat.」
Regarding improved production efficiency in Lifestyle Equipment-Related Products, the explanation has changed to state that improvement is continuing but its pace has slowed somewhat. - FY2018-Q1AdvancedAnnual report
「In addition to housing starts in Japan remaining at a high level, production efficiency improved, mainly in China. As a result, revenue from this business was ¥1,701 million, up 9.2% year on year, and it reported operating profit of ¥15 million, compared with an operating loss of ¥39 million in the same period of the previous year.」
The company describes improved production efficiency, mainly in China, and the Lifestyle Equipment-Related Products business moved from an operating loss in the same period of the previous year to an operating profit. - FY2017RestatedAnnual report
「Production efficiency improved, mainly for products for four-wheel vehicles, and the operating margin improved. Operating profit was ¥3,453 million, up 11.6% year on year.」
The company continues to describe production efficiency improvements and better operating margins, mainly for products for four-wheel vehicles. For Lifestyle Equipment-Related Products, the operating margin also improved through production efficiency gains, and operating profit increased 43.6% year on year. - FY2017-Q3ReframedAnnual report
「The operating profit margin improved as production efficiency increased, mainly for four-wheel vehicles,」
In addition to the existing description of Lifestyle Equipment-Related Products, the company now describes production efficiency improvements and better operating margins for Automotive-Related Products, mainly for four-wheel vehicles, broadening the scope. For Lifestyle Equipment-Related Products, it also describes strong sales of gas flow control valves for water heaters, mainly in China, and improved production efficiency. - FY2017-Q2First statedAnnual report
「Sales of products such as gas flow control valves remained strong overseas, particularly in China, resulting in higher revenue, while progress was also made in improving production efficiency.」
For the Lifestyle Equipment-Related Products business, improved production efficiency has been newly identified as a factor contributing to higher profit.