Rigorous Total Cost Reduction
First written in FY2016. 19 of 39 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-11-12.
71 other companies' latest entry also says "Advanced".
- 2026-11-12AdvancedResults
「In addition to passing on increases in material and labor costs to selling prices, we worked to reduce costs and expenses. Operating income was ¥375 million, up 72.6% year on year, and ordinary income was ¥307 million, up 96.2%.」
Continued price pass-through, cost reductions, and expense reductions resulted in operating income and ordinary income exceeding the previous year's levels. - FY2027-H1AdvancedAnnual report
「In terms of earnings, in addition to passing on cost increases for materials, labor and other items through prices, we worked to reduce costs and expenses. As a result, operating profit was ¥375 million, up 72.6% year on year, and ordinary profit was ¥307 million, up 96.2%.」
As a result of passing on cost increases for materials, labor and other items through prices, while also reducing costs and expenses, operating profit increased from ¥217 million in the same period of the previous year to ¥375 million. - 2026-08-05RestatedResults
「In terms of profit and loss, although raw material prices rose due to the situation in the Middle East and we worked to reduce costs and expenses, the timing of reflecting the price increases in selling prices was delayed, among other factors. Operating income was ¥33 million, down 24.1% year on year, and ordinary income was ¥12 million, down 68.9%.」
Although the company continued cost reductions, expense reductions, and price pass-through, a delay in the timing of price pass-through caused profit to fall below the same quarter of the previous year. - FY2026Continued price pass-through and cost reductions, but full-year profit declinesAnnual report
「Although we worked to pass on increases in costs such as material and labor costs to selling prices and pursued cost reductions, operating income was ¥370 million, down 26.7% from the previous consolidated fiscal year, due to an inventory write-down of ¥71 million at a Chinese subsidiary and other factors.」
Although the company continued to pass higher costs through to selling prices and reduce costs, operating income declined from ¥505 million in the previous fiscal year to ¥370 million due in part to an inventory write-down at a Chinese subsidiary. - FY2026-H1AdvancedAnnual report
「In terms of profit and loss, the company worked to reduce costs and expenses and passed higher material and labor costs and other cost increases through to selling prices, resulting in operating income of ¥217 million, up 199.1% year on year, and ordinary income of ¥156 million, up 294.6% year on year.」
As a result of reducing costs and expenses and passing higher material and labor costs and other cost increases through to selling prices, operating income increased from ¥72 million in the same period of the previous year to ¥217 million. The effects of comprehensive cost reduction measures are reflected in the interim results. - FY2025AdvancedAnnual report
「The company worked to pass higher material and labor costs and other cost increases through to selling prices and to reduce costs, resulting in operating income of ¥505 million (an operating loss of ¥422 million in the previous consolidated fiscal year) and ordinary income of ¥435 million (an ordinary loss of ¥448 million in the previous consolidated fiscal year).」
As a result of passing higher costs through to selling prices and reducing costs, operating profit turned from a ¥422 million loss in the previous fiscal year into a ¥505 million profit, while ordinary profit turned from a ¥448 million loss into a ¥435 million profit. - FY2025-H1AdvancedAnnual report
「In terms of profit and loss, the company worked to pass higher costs, including material and labor costs, through to selling prices and to reduce costs, resulting in operating income of ¥72 million (an operating loss of ¥268 million in the same period of the previous year) and ordinary income of ¥39 million (an ordinary loss of ¥262 million in the same period of the previous year).」
As a result of passing higher material and labor costs and other cost increases through to selling prices and reducing costs, operating profit turned from a ¥268 million loss in the same period of the previous year into a ¥72 million profit, while ordinary profit turned from a ¥262 million loss into a ¥39 million profit. - FY2024Operating loss despite cost reductions and passing through higher costsAnnual report
「In terms of profit and loss, although the company advanced cost reductions and the pass-through of higher costs in response to increases in raw material and energy prices, processing costs and other expenses, some price increase negotiations in North America were unsuccessful. In addition, although it worked to reorganize its local sales and administrative structure and improve production efficiency in response to declining production by Japanese automakers in China, realizing the effects has taken time, among other factors. As a result, the company posted an operating loss of ¥422 million, compared with operating income of ¥68 million in the previous consolidated fiscal year.」
Despite efforts to reduce costs, pass through higher costs, reorganize the sales and administrative structure, and improve production efficiency, the company was unable to offset unsuccessful price increase negotiations in North America and declining production in China, among other factors, and operating profit turned into a ¥422 million loss. - FY2024-Q3Operating loss widened due to delays in passing through higher costs, among other factorsAnnual report
「In terms of profit and loss, because passing higher raw material and energy prices, processing costs and other cost increases through to selling prices has taken time, and because sales to Japanese customers in China declined, among other factors, the company posted an operating loss of ¥296 million (an operating loss of ¥86 million in the same quarter of the previous year) and an ordinary loss of ¥302 million (an ordinary loss of ¥148 million in the same quarter of the previous year).」
Because it took time to pass higher raw material and energy prices, processing costs and other cost increases through to selling prices, and because sales to Japanese customers in China also declined, the operating loss widened from ¥86 million in the same period of the previous year to ¥296 million. - FY2024-Q2Operating loss widened due to delays in passing through higher costs, among other factorsAnnual report
「In terms of profit and loss, because passing higher raw material and energy prices, processing costs and other cost increases through to selling prices has taken time, and because orders in China declined, among other factors, the company posted an operating loss of ¥268 million (an operating loss of ¥164 million in the same quarter of the previous year) and an ordinary loss of ¥262 million (an ordinary loss of ¥251 million in the same quarter of the previous year).」
Because it took time to pass higher raw material and energy prices, processing costs and other cost increases through to selling prices, and because orders in China also declined, the operating loss widened from ¥164 million in the same quarter of the previous year to ¥268 million. - FY2024-Q1Operating loss continued due to delays in passing through higher costsAnnual report
「In terms of profit and loss, because passing higher raw material prices and energy costs through to selling prices has taken time, among other factors, the company posted an operating loss of ¥154 million (an operating loss of ¥140 million in the same quarter of the previous year) and an ordinary loss of ¥158 million (an ordinary loss of ¥159 million in the same quarter of the previous year).」
Because passing higher raw material prices and energy costs through to selling prices took time, the operating loss widened from ¥140 million in the same period of the previous year to ¥154 million. Profit improvement through cost reductions and price revisions has not yet eliminated the operating loss this quarter. - FY2023-Q3Operating loss continued despite cost reductions and selling price revisionsAnnual report
「In terms of profit and loss, despite efforts to recover through cost reductions and selling price revisions in response to fluctuations in production volume and the impact of surging raw material prices and energy costs, the company posted an operating loss of ¥86 million (operating income of ¥136 million in the same quarter of the previous year), an ordinary loss of ¥148 million (ordinary income of ¥120 million in the same quarter of the previous year), and a quarterly net loss attributable to owners of the parent of ¥91 million (quarterly net income attributable to owners of the parent of ¥87 million in the same quarter of the previous year).」
Despite efforts to reduce costs and review selling prices, operating income turned from ¥136 million in the same period of the previous year into an ¥86 million operating loss. As in the previous quarter, the company was unable to offset rising costs and fluctuations in production volume, and the profit improvement measures have not yet eliminated the operating loss. - FY2023-Q2Operating loss continued despite cost reductions and selling price revisionsAnnual report
「Despite efforts to recover through cost reductions and selling price revisions in response to lower orders caused by automobile production adjustments and the impact of surging raw material prices and energy costs, the company posted an operating loss of ¥164 million (operating income of ¥177 million in the same quarter of the previous year), an ordinary loss of ¥251 million (ordinary income of ¥162 million in the same quarter of the previous year), and a quarterly net loss attributable to owners of the parent of ¥190 million (quarterly net income attributable to owners of the parent of ¥124 million in the same quarter of the previous year).」
Despite efforts to reduce costs and review selling prices, the company was unable to offset the impact of automobile production adjustments and surging raw material prices and energy costs, and operating profit turned from ¥177 million in the same period of the previous year into a ¥164 million loss. - FY2023-Q1Operating loss despite cost reductions and selling price revisionsAnnual report
「Despite efforts to reduce costs and review selling prices in response to lower orders caused by reduced automobile production and the impact of surging raw material prices, transportation costs and other expenses, net sales were ¥4,591 million, down 11.2% year on year, and the company posted an operating loss of ¥140 million, compared with operating income of ¥170 million in the same quarter of the previous year.」
Despite efforts to reduce costs and review selling prices, the company was unable to offset the impact of reduced automobile production and surging raw material and transportation costs, and operating profit turned from ¥170 million in the same period of the previous year into a ¥140 million loss. - FY2022AdvancedAnnual report
「In terms of profit and loss, partly as a result of the various profit improvement measures implemented since the previous fiscal year, operating income was ¥257 million (an operating loss of ¥515 million in the previous consolidated fiscal year) and ordinary income was ¥220 million (an ordinary loss of ¥525 million in the previous consolidated fiscal year).」
As a result of the various profit improvement measures implemented since the previous fiscal year, both operating profit and ordinary profit turned from losses into profits. The full-year results demonstrate the effects of profit improvement measures, including cost reductions. - FY2022-Q3AdvancedAnnual report
「In terms of profit and loss, partly as a result of the various profit improvement measures implemented since the previous fiscal year, operating income was ¥136 million (an operating loss of ¥527 million in the same quarter of the previous year) and ordinary income was ¥120 million (an ordinary loss of ¥520 million in the same quarter of the previous year).」
As a result of the various profit improvement measures implemented since the previous fiscal year, operating profit turned from a ¥527 million loss in the same period of the previous year into a ¥136 million profit, while ordinary profit turned from a ¥520 million loss into a ¥120 million profit. - FY2022-Q2AdvancedAnnual report
「In terms of profit and loss, partly due to the effects of various earnings improvement initiatives undertaken since the previous fiscal year, operating profit was ¥177 million, compared with an operating loss of ¥584 million in the same quarter of the previous year, and ordinary profit was ¥162 million, compared with an ordinary loss of ¥580 million.」
As a result of the various profit improvement measures implemented since the previous fiscal year, operating income turned from a ¥584 million loss in the same period of the previous year into a ¥177 million profit, while ordinary income turned from a ¥580 million loss into a ¥162 million profit. - FY2022-Q1AdvancedAnnual report
「In terms of profit and loss, partly due to the effects of various earnings improvement initiatives undertaken since the previous fiscal year, operating profit was ¥170 million, compared with an operating loss of ¥320 million in the same quarter of the previous year, and ordinary profit was ¥175 million, compared with an ordinary loss of ¥306 million.」
The company's earnings improvement initiatives since the previous fiscal year turned operating results from a loss of ¥320 million in the same period of the previous year to profit of ¥170 million. The effects of earnings improvement, including cost reductions, are shown quantitatively. - FY2021AdvancedAnnual report
「We thoroughly pursued cost reductions, including lower materials and utility costs, and compressed fixed costs, including through organisational and structural reviews. As a result, we generated an operating profit of ¥68 million during the six months of the second half.」
The company strengthened cost reductions and fixed-cost compression across the group and secured operating profit of ¥68 million during the six-month second half. Although it posted a full-year operating loss of ¥515 million, the filing reports measurable improvement from the initiatives in the second half. - FY2021-Q3RestatedAnnual report
「Under these circumstances, the group implemented various measures to prevent the spread of infection among employees and other stakeholders, reviewed its production structure in line with fluctuations in orders and pursued earnings improvement, including through expense reductions.」
The company continues to improve earnings by reviewing its production structure in line with fluctuations in orders and reducing expenses. No new measurable results are presented. - FY2021-Q2RestatedAnnual report
「Under these circumstances, the group implemented various measures to prevent the spread of infection among employees and other stakeholders, adjusted production in line with fluctuations in orders, maintained the supply chain and restrained expenses.」
The company continues to adjust production in line with fluctuations in orders, maintain the supply chain and restrain expenses. No new cost-reduction measures or measurable results are presented. - FY2021-Q1Production and cost controls during the pandemicAnnual report
「Under these circumstances, the group implemented various measures to prevent the spread of infection among employees and other stakeholders, adjusted production in line with fluctuations in orders, maintained the supply chain, and restrained capital investment and expenses.」
In addition to conventional cost reductions and fixed-cost compression, the company adjusted production and restrained capital investment and expenses in response to fluctuations in orders caused by COVID-19. - FY2020Efficiency improvements and materials cost rationalisation failed to offset the decline in domestic salesAnnual report
「We worked to improve production-process efficiency and rationalise materials costs, but these efforts were insufficient to offset the impact of lower domestic sales, resulting in operating profit of ¥163 million.」
Although the company improved production-process efficiency and rationalised materials costs, it could not offset the impact of lower domestic sales, and operating profit declined 50.7% from the previous fiscal year. - FY2020-Q3Continued decline in operating profitAnnual report
「For the nine months ended the third quarter, sales were ¥16,853 million, up 5.8% year on year, while operating profit was ¥167 million, down 12.1% year on year, partly due to production adjustments for certain vehicle models.」
Although sales increased, operating profit declined from ¥190 million in the same quarter of the previous year to ¥167 million. The impact of production adjustments for certain vehicle models is explicitly identified as a factor. - FY2019-Q3Continued operating profit declineAnnual report
「Operating profit was ¥190 million, down 37.3% year on year, due in part to lower demand in China and higher upfront costs associated with an increase in mass-production vehicle models in North America. The impact of upfront costs has been limited from the third quarter onward.」
Operating profit declined from ¥303 million in the same quarter of the previous year to ¥190 million. While lower demand in China and higher upfront costs in North America are cited as factors, the filing states that the impact of upfront costs became limited from the third quarter onward. - FY2019-Q2Decrease in operating profitAnnual report
「For the six months ended the second quarter, sales were ¥10,201 million, up 4.4% year on year, due in part to higher automotive parts sales in Japan and North America. Operating profit was ¥64 million, down 65.0% year on year, due in part to lower demand in China and higher production stabilisation costs associated with an increase in mass-production vehicle models in North America.」
Operating profit declined from ¥185 million in the same quarter of the previous year to ¥64 million. The filing identifies lower demand in China and higher production stabilisation costs in North America as factors, with costs and demand factors more prominent than the improvement effects of total cost reductions. - FY2019-Q1Decrease in operating profitAnnual report
「For the three months ended the first quarter, sales were ¥5,033 million, up 5.4% year on year, due in part to higher domestic sales. Operating profit was ¥59 million, down 35.4% year on year, due in part to lower demand in China and higher upfront costs associated with an increase in mass-production vehicle models in North America.」
Consolidated operating profit declined from ¥91 million in the same quarter of the previous year to ¥59 million. The filing identifies lower demand in China and higher upfront costs associated with an increase in mass-production vehicle models in North America as factors. - FY2018AdvancedAnnual report
「Operating profit was ¥318 million, up 121.5% from the previous fiscal year, due in part to contributions from overseas subsidiaries and the effects of cost reductions.」
The company reports that the effects of cost reductions and other measures increased consolidated operating profit from ¥143 million to ¥318 million, demonstrating the earnings contribution of total cost reduction initiatives. - FY2018-Q3AdvancedAnnual report
「For the nine months ended the third quarter, sales increased in both Japan and overseas to ¥15,072 million, up 6.3% year on year, while operating profit was ¥303 million, up 402.2% year on year, due in part to contributions from overseas subsidiaries and the effects of cost reductions.」
The company explains that contributions from overseas subsidiaries and the effects of cost reductions increased operating profit from ¥60 million in the same quarter of the previous year to ¥303 million. - FY2018-Q2AdvancedAnnual report
「For the six months ended the second quarter, sales were ¥9,767 million, up 3.0% year on year, due in part to higher overseas sales. Operating profit was ¥185 million, compared with operating profit of ¥1 million in the same quarter of the previous year, due in part to contributions from overseas subsidiaries and the effects of cost reductions.」
The company explains that contributions from overseas subsidiaries and the effects of cost reductions increased operating profit from ¥1 million in the same quarter of the previous year to ¥185 million. - FY2018-Q1AdvancedAnnual report
「For the three months ended the first quarter, sales were ¥4,777 million, up 4.8% year on year, due in part to higher overseas sales. Operating profit was ¥91 million, compared with an operating loss of ¥104 million in the same quarter of the previous year, due in part to contributions from overseas subsidiaries and the effects of cost reductions.」
The company explains that contributions from overseas subsidiaries and the effects of cost reductions improved operating profit from a loss of ¥104 million in the same quarter of the previous year to profit of ¥91 million. - FY2017AdvancedAnnual report
「For the fiscal year, sales were ¥19,068 million, up 0.1% from the previous fiscal year, due in part to higher overseas sales. Operating profit was ¥143 million, up 37.0%, as the impact of lower domestic automobile production, including that resulting from the Kumamoto Earthquake, and lower selling prices following the decline in crude oil prices was offset by cost reductions and earnings improvement initiatives.」
The company explains that cost reductions and earnings improvement initiatives, among other measures, offset the impact of lower production and selling prices, resulting in operating profit of ¥143 million, up 37.0% year on year. - FY2017-Q3AdvancedAnnual report
「Operating profit was negative in the first quarter due to factors including lower automobile production and lower selling prices following the decline in crude oil prices, but recovered in the second and third quarters to reach ¥60 million, down 31.6% year on year.」
Operating profit recovered from a first-quarter loss in the second and third quarters, reaching ¥60 million for the nine months ended the third quarter. This filing does not explicitly establish a direct causal link with cost reductions or fixed-cost compression. - FY2017-Q2AdvancedAnnual report
「Operating profit was negative in the first quarter due to factors including lower automobile production and lower selling prices following the decline in crude oil prices. However, after efforts to reduce costs and compress fixed costs, it returned to profitability in the second quarter, reaching ¥1 million, down 96.5% year on year.」
The company explains that operating profit returned to profitability in the second quarter as a result of cost reductions and fixed-cost compression. However, profit was only ¥1 million, down 96.5% year on year. - FY2016First statedAnnual report
「We will thoroughly reduce variable costs and compress fixed costs to significantly enhance profitability and build a structure capable of generating profit even during production cuts.」
The company has identified measures to control variable and fixed costs across the entire process from order receipt through delivery.