Operating profit improvement from product mix and material cost rationalization
First written in FY2017-Q1. 11 of 32 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-11-13.
2 other companies' latest entry also says "Restated".
- FY2026Rationalization benefits coexist with regional revenue declines and rising costsAnnual report
「Segment profit was ¥1,383 million, down ¥327 million, or 19.1%, from the previous fiscal year, as earnings improvements from streamlining were outweighed by the negative effects of lower revenue, wage increases, and purchase-price revisions in response to customers' requests for price increases.」
Earnings improvements from streamlining continued, but in Japan, lower revenue, wage increases, and purchase-price revisions more than offset them, resulting in lower profit. In North America, however, profit increased due to streamlining. - FY2026-H1North American streamlining benefits alongside lower revenue and higher costs in JapanAnnual report
「Segment profit was ¥698 million, up ¥314 million, or 82.0%, from the same period of the previous year, despite the negative effects of U.S. tariff measures and wage increases, due to higher revenue and earnings improvements from streamlining.」
While earnings improvements from streamlining continued to support higher profit in North America, profit in Japan declined significantly due to lower revenue, wage increases, and the effects of purchase-price revisions despite the benefits of streamlining. - FY2025Improved profitability in Japan alongside development-cost and lower-revenue burdens in North AmericaAnnual report
「Domestic revenue was ¥46,048 million, down ¥1,785 million, or 3.7%, from the previous fiscal year. Although the increase in new customers and progress in passing on the higher costs of raw materials, electricity, and wages to selling prices had a positive impact, revenue declined due to customers' production cuts and lower sales of bicycle airbags. Segment profit was ¥1,711 million, up ¥938 million, or 121.6%, from the previous fiscal year. Although lower revenue, higher future new-vehicle development costs, and higher purchase prices following customers' requests for price revisions were negative factors, profit increased due to progress in passing on higher costs to selling prices, controls on other expenses, and the absence of the prior year's one-time recording of an allowance for doubtful accounts.」
Profit increased in Japan due to the pass-through of higher costs to selling prices and controls on other expenses, while profit declined in North America due to customers' production cuts, higher labor costs, and increased new-vehicle development costs. Improvement factors and cost burdens therefore differed by region. - FY2025-H1Improved domestic profitability from fixed-cost controls alongside the burden of new-vehicle development costsAnnual report
「Segment profit was ¥589 million, compared with ¥19 million in the same period of the previous year, due to higher revenue, the deferral of some new-vehicle development costs and other expenses from the third quarter onward, and fixed-cost controls. New-vehicle development costs are expected to remain high throughout the year.」
Domestic segment profit increased from ¥19 million to ¥589 million due to fixed-cost controls and other measures. Meanwhile, new-vehicle development costs are expected to remain high throughout the year, so profit-improvement measures and development-cost burdens coexist. - FY2024AdvancedAnnual report
「In terms of profit and loss, although lower revenue in China, higher labor costs resulting from wage increases, the recording of an allowance for doubtful accounts, and other factors were negative, operating profit was ¥2,811 million, compared with an operating loss of ¥966 million in the previous fiscal year, due to higher revenue in other regions, earnings improvements from streamlining, easing pressure from soaring raw material prices, and the elimination of production losses following customers' production recovery.」
Operating results improved from a ¥966 million loss in the previous fiscal year to a ¥2,811 million profit, due to earnings improvements from streamlining, the elimination of production losses, and easing pressure from soaring raw material prices. - FY2024-Q3AdvancedAnnual report
「In terms of profit and loss, although lower revenue in China, higher labor costs resulting from wage increases, the recording of an allowance for doubtful accounts, and other factors were negative, operating profit was ¥2,194 million, compared with an operating loss of ¥1,590 million in the previous year, due to higher revenue in other regions, earnings improvements from streamlining, easing pressure from soaring raw material prices, and the elimination of production losses following customers' production recovery.」
Operating results improved from a ¥1,590 million loss in the same period of the previous year to a ¥2,194 million profit, due to earnings improvements from streamlining, the elimination of production losses, and easing pressure from soaring raw material prices. - FY2024-Q2AdvancedAnnual report
「In terms of profit and loss, although lower revenue in China, higher labor costs resulting from wage increases, and other factors were negative, operating profit was ¥1,724 million, compared with an operating loss of ¥1,284 million in the previous year, due to higher revenue in other regions, earnings improvements from streamlining, easing pressure from soaring raw material prices, and the elimination of production losses following customers' production recovery.」
Earnings improvements from streamlining, the elimination of production losses, and easing pressure from soaring raw material prices contributed to a shift in operating results from a ¥1,284 million loss in the same period of the previous year to a ¥1,724 million profit. - FY2024-Q1AdvancedAnnual report
「In terms of profit and loss, although lower revenue in China, the soaring and persistently high prices of some raw materials, and higher labor costs resulting from wage increases were negative factors, operating profit was ¥389 million, compared with an operating loss of ¥351 million in the same period of the previous year, due to the effect of higher revenue, earnings improvements from streamlining, easing pressure from soaring prices of some raw materials, and the elimination of production losses following customers' production recovery.」
Earnings improvements from streamlining, the elimination of production losses, and easing pressure from high raw material prices contributed to a shift in operating results from a ¥351 million loss in the same period of the previous year to a ¥389 million profit. - FY2023-Q3External cost factors continue to outweigh the benefits of rationalization and price pass-throughAnnual report
「In terms of profit and loss, although higher revenue in Japan and North America, earnings improvement through rationalization, and some progress in passing through costs to selling prices were present, operating loss was ¥1,590 million, compared with an operating loss of ¥854 million in the same period of the previous year, due to the impact of lower revenue in China, soaring raw material prices and transportation costs, production losses associated with substantial production cuts immediately before production caused by semiconductor shortages, higher labor costs following wage increases in North America, and other factors.」
Although earnings improvement through rationalization and some pass-through of selling prices were noted, operating loss widened from ¥854 million to ¥1,590 million due to lower revenue, higher raw material and transportation costs, production losses, higher labor costs, and other factors. - FY2023-Q2Lower revenue and higher costs outweigh the benefits of rationalization and price pass-throughAnnual report
「In terms of profit and loss, although some progress was made in passing through to selling prices the earnings improvement from rationalization and higher raw material and other costs, operating loss was ¥1,284 million, compared with an operating loss of ¥234 million in the same period of the previous year, due to the impact of lower revenue, higher raw material prices resulting from market conditions, production losses associated with substantial production cuts immediately before production caused by semiconductor shortages, higher labor costs following wage increases in North America and China, soaring transportation costs, higher expenses due to inflation, and other factors.」
Although the Company pursued earnings improvement through rationalization and some price pass-through, lower revenue, production losses, and increases in raw material, labor, transportation, and other expenses outweighed these measures, with operating loss widening from ¥234 million to ¥1,284 million. - FY2023-Q1Supply constraints, higher raw material, labor, and transportation costs, and other factors continue to outweigh rationalization benefits, resulting in an operating lossAnnual report
「In terms of profit and loss, although the Company pursued earnings improvement through rationalization, operating loss was ¥351 million, compared with operating profit of ¥478 million in the same period of the previous year, due to the impact of lower revenue, higher raw material prices resulting from market conditions, production losses associated with substantial production cuts immediately before production caused by semiconductor shortages, higher labor costs following wage increases in North America and China, soaring transportation costs, higher expenses due to inflation, and other factors.」
Although the Company pursued earnings improvement through rationalization, lower revenue and increases in raw material, labor, transportation, and other expenses outweighed it, resulting in a shift from operating profit to an operating loss of ¥351 million. - FY2022Rationalization benefits are outweighed by supply constraints and higher costs, turning operating profit into a lossAnnual report
「Although the impact of higher revenue and rationalization benefits through the second quarter was present, operating loss was ¥722 million, compared with operating profit of ¥1,288 million in the previous fiscal year, due to the difficulty of securing an appropriate production system following substantial production cuts immediately before production caused by semiconductor shortages, soaring ocean freight costs caused by container shortages, higher raw material prices due to market conditions, the impact of lower revenue from the third quarter onward, and other factors.」
Rationalization benefits continued, but semiconductor shortages, soaring transportation costs, higher raw material prices, the impact of lower revenue, and other factors outweighed them, resulting in a shift from operating profit to an operating loss of ¥722 million. - FY2022-Q3Supply constraints and higher costs outweigh rationalization benefitsAnnual report
「In terms of profit and loss, although the impact of higher revenue and rationalization benefits through the second quarter was present, operating loss was ¥854 million due to the difficulty of securing an appropriate production system following substantial production cuts immediately before production caused by semiconductor shortages, soaring ocean freight costs caused by container shortages, higher prices for resin materials due to market conditions, and other factors.」
Although the impact of higher revenue and rationalization benefits through the second quarter was evident, operating loss was ¥854 million due to supply shortages, soaring transportation costs, higher resin material prices, and other factors, with external cost factors outweighing the effects of profit improvement measures. - FY2022-Q1AdvancedAnnual report
「In terms of profit and loss, operating profit was ¥478 million, compared with an operating loss of ¥1,083 million in the same period of the previous year, and ordinary profit was ¥469 million, compared with an ordinary loss of ¥1,194 million in the same period of the previous year, owing to the impact of higher revenue and rationalization benefits, among other factors.」
Rationalization benefits and other factors were explicitly identified as drivers of profit improvement, and operating profit turned from a ¥1,083 million loss in the same period of the previous year to a ¥478 million profit. - FY2021Profit improvement measures expanded beyond material costs to labor costs and expensesAnnual report
「Going forward, the Company will further accelerate its efforts and comprehensively implement measures to generate profit, including measures to optimize invested capital, such as optimizing capital expenditures and production allocation, rationalizing material costs, improving labor cost efficiency, and optimizing expenses, with the aim of achieving a return on invested capital of 6.3% for the fiscal year ending March 2023.」
The Company presents a comprehensive set of profit improvement measures, including improving labor cost efficiency, optimizing expenses, and optimizing capital expenditures and production allocation, in addition to the previously cited material cost rationalization. - FY2020Increased costs outweigh the benefits of material rationalizationAnnual report
「Although the Company implemented material rationalization and reduced various expenses, segment profit decreased by ¥824 million, or 58.0%, from the previous fiscal year to ¥596 million, due to the impact of lower revenue, product mix, increased costs associated with the launch of new models, and higher next-generation vehicle development costs, among other factors.」
Although the Company implemented material rationalization and reduced various expenses, new-model launch costs, next-generation vehicle development costs, product mix, and other factors weighed on profit in the domestic segment. - FY2020-Q3New-model and next-generation vehicle development costs widen the decline in profitAnnual report
「Segment profit decreased by ¥510 million, or 57.7%, year on year to ¥374 million, due to the impact of lower revenue, product mix, increased costs associated with the launch of new models, and higher next-generation vehicle development costs, among other factors.」
Product mix, new-model launch costs, and higher next-generation vehicle development costs continued to weigh on profit, and domestic segment profit decreased 57.7% year on year. - FY2020-Q2Next-generation vehicle development costs added as a factor weighing on profitAnnual report
「Segment profit decreased by ¥49 million, or 14.9%, year on year to ¥281 million, mainly due to product mix, increased costs associated with the launch of new models, and higher next-generation vehicle development costs.」
In addition to product mix and new-model launch costs, higher next-generation vehicle development costs were explicitly identified as factors reducing profit in the Japan segment. - FY2020-Q1Product mix and new-model launch costs shift to factors weighing on profitAnnual report
「Segment profit decreased by ¥356 million, or 99.5%, year on year to ¥1 million, mainly due to product mix and increased costs associated with the launch of new models.」
Product mix, previously cited as a profit improvement factor, is now cited alongside increased costs associated with new-model launches as a factor reducing profit in the Japan segment. - FY2019AdvancedAnnual report
「In terms of profit and loss, despite the impact of lower revenue in North America, operating profit increased 40.9% from the previous fiscal year to ¥5,476 million and ordinary profit increased 48.0% to ¥5,442 million, owing to the effects of new-model launches in Japan and North America and the internal capture of value added in Asia, among other factors.」
The effects of new-model launches in Japan and North America and the internal capture of value added in Asia have become established drivers of consolidated profit improvement, and operating profit increased to ¥5,476 million. - FY2019-Q3AdvancedAnnual report
「In terms of profit and loss, despite the impact of lower revenue in North America, operating profit increased 56.1% year on year to ¥3,635 million and ordinary profit increased 46.7% to ¥3,566 million, owing to the effects of new-model launches in Japan and North America and the internal capture of value added in Asia, among other factors.」
In addition to the previously cited product mix and improvement in the material cost ratio, the effects of new-model launches in Japan and North America and the internal capture of value added in Asia were identified as factors improving consolidated profit. Operating profit increased 56.1% year on year. - FY2019-Q2AdvancedAnnual report
「Segment profit increased by ¥130 million, or 65.1%, year on year to ¥330 million, mainly due to product mix associated with the launch of new models.」
Product mix associated with the launch of new models was cited as a driver of profit improvement in the Japan segment, with profit increasing from ¥200 million in the same period of the previous year to ¥330 million. - FY2019-Q1AdvancedAnnual report
「Domestic sales increased by ¥104 million, or 1.2%, year on year to ¥8,519 million, mainly due to the effects of new-model launches and other factors. Segment profit was ¥358 million, compared with a segment loss of ¥148 million in the same period of the previous year, mainly due to product mix and other factors.」
Product mix and other factors were cited as drivers of profit in the Japan segment, which turned from a ¥148 million loss in the same period of the previous year to a ¥358 million profit. - FY2018AdvancedAnnual report
「Segment profit increased by ¥427 million, or 47.3%, from the previous fiscal year to ¥1,331 million, mainly due to an improvement in the material cost ratio.」
An improvement in the material cost ratio and other factors contributed to higher profit in the domestic segment for the full year, with profit increasing 47.3% year on year. - FY2018-Q3RestatedAnnual report
「Domestic sales decreased by ¥1,290 million, or 4.8%, year on year to ¥25,409 million, mainly due to the impact of reduced production by major customers. Segment profit was ¥324 million, an increase of ¥0 million, or 0.1%, from the same period of the previous year, mainly due to an improvement in the material cost ratio.」
An improvement in the material cost ratio and other factors continued to be cited as drivers of profit in the domestic segment, with segment profit at ¥324 million. - FY2018-Q2AdvancedAnnual report
「Domestic sales increased by ¥780 million, or 4.8%, year on year to ¥17,095 million, mainly due to the impact of increased production by major customers. Segment profit was ¥200 million, compared with a segment loss of ¥464 million in the same period of the previous year, mainly due to an improvement in the material cost ratio.」
An improvement in the material cost ratio and other factors were again cited as drivers of profit improvement, and the Japan segment turned from a ¥464 million loss in the same period of the previous year to a ¥200 million profit. - FY2018-Q1DroppedAnnual report
「In terms of profit and loss, operating profit decreased 37.2% year on year to ¥883 million due to the impact of lower revenue and other factors, while ordinary profit increased 5.9% year on year to ¥973 million due to the recognition of a ¥99 million foreign exchange gain.」
The explanation of operating profit for the quarter no longer mentions product mix or material cost rationalization, which had previously been cited, and instead attributes the decline in profit to the impact of lower revenue and other factors. - FY2017-Q3RestatedAnnual report
「In terms of profit and loss, operating profit increased 33.9% year on year to ¥4,862 million, mainly due to product mix and material cost rationalization, while ordinary profit increased 56.9% year on year to ¥4,329 million due to the recognition of a ¥463 million foreign exchange loss.」
Product mix and material cost rationalization continue to be described as measures to improve operating profit. - FY2017-Q2RestatedAnnual report
「In terms of profit and loss, operating profit increased 24.5% year on year to ¥2,396 million, mainly due to product mix and material cost rationalization.」
Product mix and material cost rationalization continue to be described as measures to improve operating profit. - FY2017-Q1First statedAnnual report
「In terms of profit and loss, operating profit increased 45.8% year on year to ¥1,406 million, mainly due to product mix and material cost rationalization.」
Product mix and material cost rationalization are presented as measures to improve profit.