Improving operating profit
First written in FY2018. 11 of 27 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-11-13.
The whole theme swung hardest in 2019: 13 of 101 companies on the "Worse" side.
- FY2026SoftenedAnnual report
「The operating margin for the fiscal year ending March 2026 was 2.2%, falling short of the management target. For the fiscal year ending March 2027, in addition to the expected continuing impact of the temporary factors described above, new challenges have emerged, including concerns about energy and raw-material supplies due to escalating tensions in the Middle East. Although conditions are expected to remain extremely challenging, the company will strengthen its efforts to secure stable earnings under its new management targets.」
The Sixth Medium-Term Plan's 3% operating margin target was not met, with an actual operating margin of 2.2% for the current fiscal year. The operating margin target for the fiscal year ending March 2027 was set at 1.8%, lowering the target level. - FY2025AdvancedAnnual report
「Against the final target of a 3% operating margin under the Sixth Medium-Term Management Plan, the company pursued initiatives toward a 1.6% operating margin target for the fiscal year ended March 2025. The downward revision to the operating margin target from the previous fiscal year reflected the temporary increase in design and development costs and other expenses resulting from the concentration of new-vehicle launches from 2026 through 2027. The revised target was achieved despite the continued impact of lower revenue caused by weak customer sales, owing in part to progress in passing higher raw-material prices, electricity costs and transportation costs through to product prices.」
The company achieved the revised 1.6% operating margin target for the fiscal year ended March 2025, toward the Sixth Medium-Term Plan's final target of 3%. Progress in passing through higher costs to prices and other factors were cited as reasons for achieving the target. - FY2025-H1WorsenedAnnual report
「Operating profit fell 11.6% year on year to ¥1,524 million」
As the company continued to emphasize operating profit as a key metric, operating profit for the current interim consolidated accounting period fell 11.6% year on year. - FY2024ReframedAnnual report
「Sixth Medium-Term Management Plan: Management targets; management metric; earnings; operating margin 3%」
The target framework changed from operating profit and the 5% operating margin target under the Fourth Medium-Term Plan to a 3% operating margin over the three-year plan period under the Sixth Medium-Term Plan. The company states that it set a 2.6% operating margin target for the fiscal year ending March 2024, but failed to meet it due to weak sales in the Chinese market. - FY2024-Q3AdvancedAnnual report
「Operating profit was ¥2,194 million (compared with an operating loss of ¥1,590 million in the same period of the previous year)」
Operating profit shifted from a loss of ¥1,590 million in the same period of the previous year to a profit of ¥2,194 million, marking further improvement through the previous quarter. - FY2024-Q2AdvancedAnnual report
「Operating profit was ¥1,724 million (compared with an operating loss of ¥1,284 million in the same period of the previous year)」
Operating profit shifted from a loss of ¥1,284 million in the same period of the previous year to a profit of ¥1,724 million, indicating an improvement in operating profit. - FY2024-Q1AdvancedAnnual report
「Operating profit was ¥389 million (compared with an operating loss of ¥351 million in the same period of the previous year)」
Operating profit shifted from a loss of ¥351 million in the same period of the previous year to a profit of ¥389 million, indicating an improvement in operating profit. - FY2023-Q3WorsenedAnnual report
「Operating loss was ¥1,590 million (compared with an operating loss of ¥854 million in the same period of the previous year)」
As the company continued to emphasize operating profit, operating loss widened from ¥854 million in the same period of the previous year to ¥1,590 million. - FY2023-Q2WorsenedAnnual report
「Operating loss was ¥1,284 million (compared with an operating loss of ¥234 million in the same period of the previous year)」
As the company continued to emphasize operating profit, operating loss widened from ¥234 million in the same period of the previous year to ¥1,284 million. - FY2023-Q1WorsenedAnnual report
「Operating loss was ¥351 million (compared with operating profit of ¥478 million in the same period of the previous year)」
As the company continued to emphasize operating profit, the first quarter shifted from operating profit of ¥478 million in the same period of the previous year to an operating loss of ¥351 million. - FY2022WorsenedAnnual report
「Operating loss was ¥722 million (compared with operating profit of ¥1,288 million in the previous fiscal year).」
As the company continued to emphasize operating profit, operating profit shifted from ¥1,288 million in the previous fiscal year to a loss of ¥722 million. - FY2022-Q3WorsenedAnnual report
「Operating loss was ¥854 million (compared with an operating loss of ¥316 million in the same period of the previous year)」
As the company continued to emphasize operating profit as a key metric, operating loss widened from ¥316 million in the same period of the previous year to ¥854 million. - FY2022-Q2AdvancedAnnual report
「Operating loss was ¥234 million (compared with an operating loss of ¥1,451 million in the same period of the previous year)」
As the company continued to emphasize operating profit as a key metric, operating loss narrowed from ¥1,451 million in the same period of the previous year to ¥234 million. However, the operating deficit continued. - FY2022-Q1AdvancedAnnual report
「Operating profit was ¥478 million (compared with an operating loss of ¥1,083 million in the same period of the previous year)」
Operating profit shifted from a loss of ¥1,083 million in the same period of the previous year to a profit of ¥478 million, indicating an improvement in operating profit. - FY2021-Q3WorsenedAnnual report
「In terms of earnings, operating loss was ¥316 million, due mainly to the impact of lower revenue in the first half (compared with operating profit of ¥3,580 million in the same period of the previous year).」
Against the company's previous emphasis on operating profit as a key metric, the cumulative third quarter shifted from operating profit of ¥3,580 million in the same period of the previous year to an operating loss of ¥316 million. However, performance improved in the third quarter alone, and the company explained that it had entered a recovery phase. - FY2021-Q2WorsenedAnnual report
「Operating loss was ¥1,451 million (compared with operating profit of ¥2,208 million in the same period of the previous year)」
Against the company's previous explanation emphasizing operating profit as a key metric, the cumulative second quarter shifted from operating profit of ¥2,208 million in the same period of the previous year to an operating loss of ¥1,451 million. - FY2021-Q1WorsenedAnnual report
「Operating loss was ¥1,083 million (compared with operating profit of ¥1,183 million in the same period of the previous year)」
Against the company's previous explanation emphasizing operating profit as a key metric, the first quarter saw a shift from operating profit in the same period of the previous year to an operating loss of ¥1,083 million. - FY2020DroppedAnnual report
「As part of its key initiatives, the company worked to bring value-added production in-house, reduce production losses and improve productivity, resulting in a 4.2% operating profit margin for the fiscal year ended March 2020. In addition to delays in responding to declining revenue caused by the downturn in North American sedans that began in the first half of fiscal 2018 and production cuts by major customers globally, the company incurred higher preparation costs for new-model launches and development costs for the next-generation vehicle. As a result, it was unable to conduct efficient production activities and failed to meet its target.」
The 5% operating margin target under the Fourth Medium-Term Plan was not met, with an operating margin of 4.2% for the fiscal year ended March 2020. ROIC has been adopted as a key metric under the Fifth Medium-Term Plan in place of the operating margin. - FY2020-Q3WorsenedAnnual report
「Operating profit fell 1.5% year on year to ¥3,580 million」
Under the policy of using operating profit as a key metric, operating profit for the cumulative third quarter fell 1.5% year on year. - FY2020-Q2AdvancedAnnual report
「Operating profit increased 5.7% year on year to ¥2,208 million」
Under the policy of using operating profit as a key metric, operating profit for the cumulative second quarter increased 5.7% year on year. - FY2020-Q1WorsenedAnnual report
「Operating profit decreased 8.4% year on year to ¥1,183 million」
Under its policy of treating operating profit as an important metric, operating profit for the first quarter decreased 8.4% year on year. - FY2019AdvancedAnnual report
「Consolidated operating profit for the fiscal year was ¥5,476 million, an increase of ¥476 million, or 9.5%, from the forecast of ¥5,000 million announced on 11 May 2018. The Company will continue working to improve this metric.」
Under its policy of treating operating profit as an important metric, actual operating profit of ¥5,476 million exceeded the announced forecast of ¥5,000 million by ¥476 million, or 9.5%. - FY2018First statedAnnual report
「The Group has designated quality targets as its most important management objective and operating profit as an additional management objective, and will continue striving for further improvement.」
In addition to quality targets, the Company positions operating profit as a management objective.