Optimization and efficiency improvements in the production system, globally optimized procurement, cost reductions, and quality improvements
First written in FY2016. 8 of 30 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Performance results updatedAnnual report
「Operating profit amounted to ¥1,726 million, a decrease of ¥1,069 million, or 38.2%, from the previous consolidated fiscal year, as price pass-through remained limited for higher costs caused by inflation and the weaker yen, in addition to increased investment for future growth.」
In the Japan segment, operating profit decreased 38.2% year on year due to increased investment for future growth, higher costs caused by inflation and the weaker yen, and limited price pass-through. - 2026-05-13AdvancedFinancial results
「Against this backdrop, from a medium- to long-term perspective, we will optimize the supply chain as a whole, promote efficient business operations that respond flexibly to changes in the external environment, and work to transform our earnings structure.」
The policy of improving production and procurement efficiency is articulated specifically as overall supply chain optimization, efficient business operations and transformation of the earnings structure. - FY2026-H1Performance results updatedAnnual report
「Operating profit amounted to ¥739 million, a decrease of ¥302 million, or 29.0%, from the previous interim consolidated accounting period, due to higher labour costs, fixed expenses and other factors.」
In Japan, operating profit decreased 29.0% year on year due to higher labour costs, fixed expenses and other factors. The update concerns performance in the current interim consolidated accounting period, not changes to production-efficiency or cost-reduction policies. - FY2025-H1Performance results updatedAnnual report
「Sales of automotive rearview mirrors and other products declined as automakers suspended production lines because of certification misconduct issues. As a result, revenue decreased by ¥982 million, or 3.8%, from the previous interim consolidated accounting period to ¥24,608 million. Operating profit amounted to ¥1,042 million, a decrease of ¥594 million, or 36.3%, from the previous interim consolidated accounting period, due to lower revenue, a higher variable-expense ratio and other factors.」
In Japan, revenue decreased 3.8% year on year and operating profit decreased 36.3% due to automakers' production-line suspensions and the higher variable-expense ratio. The update concerns performance in the current interim consolidated accounting period, not changes to production-efficiency or cost-reduction measures. - FY2024-Q3Performance results updatedAnnual report
「Operating profit amounted to ¥6,218 million, an increase of ¥2,585 million, or 71.2%, from the nine months ended the third quarter of the previous fiscal year, driven by higher sales in Japan, North America, Thailand and Indonesia.」
Operating profit increased 71.2% year on year due to higher sales in Japan, North America, Thailand and Indonesia. The update concerns the quarter's performance results, not changes to production-efficiency or cost-reduction measures. - FY2024-Q2Performance results updatedAnnual report
「During the six months ended the second quarter of the current fiscal year, the impact of automakers' production cuts caused by shortages of semiconductor components and other factors diminished, while sales of automotive rearview mirrors and other products increased. As a result, revenue amounted to ¥51,665 million, an increase of ¥7,661 million, or 17.4%, from the six months ended the second quarter of the previous fiscal year. Operating profit amounted to ¥4,060 million, an increase of ¥1,680 million, or 70.6%, driven by higher sales in Japan, North America, Thailand and Indonesia.」
The impact of production cuts caused by shortages of semiconductor components and other factors diminished. Revenue increased 17.4% year on year and operating profit increased 70.6%, updating the production and sales environment and performance results. - FY2024-Q1Performance results updatedAnnual report
「Although operating profit was affected by lower sales in China, higher sales in Japan, North America, Thailand and Indonesia resulted in operating profit of ¥1,734 million, an increase of ¥490 million, or 39.4%, from the three months ended the first quarter of the previous fiscal year.」
Operating profit increased 39.4% year on year, driven by higher sales in Japan, North America, Thailand and Indonesia. The impact of lower sales in China was also reported. - FY2023-Q3Performance results updatedAnnual report
「Operating profit amounted to ¥3,632 million, as higher prices for imported components caused by the weaker yen in Japan and increased transportation costs associated with lockdown measures in China, among other factors, resulted in profit being almost unchanged from the nine months ended the third quarter of the previous fiscal year.」
Higher prices for imported components caused by the weaker yen and increased transportation costs associated with China's lockdown measures constrained growth in operating profit, which was almost unchanged year on year. - FY2022RestatedAnnual report
「Capital expenditures for the consolidated fiscal year amounted to ¥2,614 million. By region, ¥1,434 million was allocated to Japan and corporate-wide expenditures, ¥951 million to Asia and ¥227 million to North America. In Japan, capital expenditures at the rearview-mirror manufacturing sites primarily covered rationalisation and efficiency improvements to raise productivity, quality control and production preparations for new products. Overseas, capital expenditures were primarily for production preparations and productivity improvements.」
Capital expenditures continued for productivity improvements, quality control, new-product support and overseas production preparations, with the investment amount and regional allocation updated for the fiscal year. - FY2022-Q3Update to production results and performance resultsAnnual report
「During the nine months ended the third quarter of the current fiscal year, performance recovered compared with the decline in the previous fiscal year caused by the impact of COVID-19. Production increased as sales volumes of the mainstay automotive rearview mirrors rose. As a result, production amounted to ¥26,270 million in Japan, ¥14,911 million in Asia and ¥11,901 million in North America.」
Performance and production recovered compared with the decline caused by COVID-19 in the previous fiscal year, with production in Japan, Asia and North America stated in specific figures. - FY2022-Q2Update to production results and performance resultsAnnual report
「During the nine months ended the second quarter of the current fiscal year, performance recovered compared with the decline in the previous fiscal year caused by the impact of COVID-19. Production increased as sales volumes of the mainstay automotive rearview mirrors rose. As a result, production amounted to ¥17,251 million in Japan, ¥9,938 million in Asia and ¥8,454 million in North America.」
Production in Japan, Asia and North America recovered, driven by higher sales volumes compared with the decline caused by COVID-19 in the previous fiscal year. - FY2021RestatedAnnual report
「Under these circumstances, in our core rearview mirror and optoelectronics businesses, the Group will further accelerate efforts to strengthen its design and development capabilities and production engineering capabilities, promote optimized procurement and production, and improve productivity through the use of IT technologies, thereby enhancing cost competitiveness. At the same time, we will strengthen our R&D and product planning capabilities to develop high-value-added new products and create new businesses, stabilize our management base and pursue sustainable growth.」
The policy of enhancing cost competitiveness and the management base through stronger design and development, production engineering, optimized procurement and production, IT utilization, productivity improvement, R&D and product planning has been reaffirmed. - FY2021-Q3Update to production results and performance resultsAnnual report
「During the first 3 quarters of the current fiscal year, production results had declined through the second quarter due to the impact of COVID-19, but recovered in the third quarter as sales volume for core automotive rearview mirrors increased. As a result, production results in Japan amounted to ¥30,870 million, down 6.7% year on year.」
Production results recovered in the third quarter due to higher sales volume, while cumulative production results in Japan declined 6.7% year on year. - FY2021-Q2Performance results updatedAnnual report
「During the first 2 quarters of the current fiscal year, sales volume for automotive rearview mirrors declined significantly in all segments due to the impact of the spread of COVID-19. As a result, net sales amounted to ¥30,096 million, a decrease of ¥7,717 million, or 20.4%, from the second quarter of the previous fiscal year. Operating profit amounted to ¥492 million, a decrease of ¥2,980 million, or 85.8%, due to lower net sales.」
The spread of COVID-19 reduced sales volume in all segments, resulting in a 20.4% year-on-year decline in net sales and an 85.8% decline in operating profit. The performance results surrounding the streamlining and cost reduction measures are being updated, not the measures themselves. - FY2021-Q1Performance results updatedAnnual report
「During the first quarter of the current fiscal year, net sales amounted to ¥14,257 million, a decrease of ¥4,222 million, or 22.9%, from the first quarter of the previous fiscal year, as the spread of COVID-19 caused a significant decline in sales volume for automotive rearview mirrors, mainly in Japan. Operating profit amounted to ¥82 million, a decrease of ¥1,605 million, or 95.1%, due to lower net sales.」
The decline in sales volume caused by the spread of COVID-19 drove net sales down 22.9% year on year and operating profit down 95.1%. Japan recorded an operating loss of ¥732 million, and production volume declined 38.2% year on year. - FY2020-Q3Performance results updatedAnnual report
「During the first 3 quarters of the current fiscal year, net sales amounted to ¥56,752 million, an increase of ¥1,735 million, or 3.2%, from the third quarter of the previous fiscal year, due mainly to higher sales volume for core automotive rearview mirrors. Operating profit amounted to ¥5,152 million, a decrease of ¥262 million, or 4.8%, due to intensified competition for orders and higher depreciation associated with capital investment for production expansion, among other factors. Ordinary profit amounted to ¥5,559 million, a decrease of ¥258 million, or 4.4%. Quarterly net profit attributable to owners of the parent amounted to ¥3,682 million, a decrease of ¥309 million, or 7.7%.」
Higher rearview mirror sales volume and other factors drove net sales up 3.2% year on year, while operating profit declined 4.8% due to intensified competition for orders and higher depreciation associated with investment to increase production, among other factors. - FY2020-Q2Performance results updatedAnnual report
「During the first 2 quarters of the current fiscal year, net sales amounted to ¥37,813 million, an increase of ¥1,868 million, or 5.2%, from the second quarter of the previous fiscal year, due mainly to higher sales volume for automotive rearview mirrors. Operating profit amounted to ¥3,472 million, a decrease of ¥138 million, or 3.8%, due to intensified competition for orders and higher depreciation resulting from increased capital investment for production expansion, among other factors. Ordinary profit amounted to ¥3,733 million, a decrease of ¥75 million, or 2.0%. Quarterly net profit attributable to owners of the parent amounted to ¥2,455 million, a decrease of ¥116 million, or 4.5%.」
Higher rearview mirror sales volume and other factors drove net sales up 5.2% year on year, while operating profit declined 3.8% due to intensified competition for orders and higher depreciation associated with investment to increase production, among other factors. - FY2020-Q1Performance results updatedAnnual report
「During the first quarter of the current fiscal year, net sales amounted to ¥18,479 million, an increase of ¥592 million, or 3.3%, from the first quarter of the previous fiscal year, due to higher sales volume for the core automotive rearview mirror and fine glass products. Operating profit amounted to ¥1,687 million, a decrease of ¥125 million, or 6.9%, due to higher depreciation and other factors.」
Higher sales volume of core products drove net sales up 3.3% year on year, while operating profit declined 6.9% due to higher depreciation and other factors. No change in the production efficiency or cost reduction measures themselves is stated, so the performance results are being updated. - FY2019AdvancedAnnual report
「Operating profit increased by ¥448 million, or 6.7%, from the earnings forecast due to higher sales and the promotion of cost reduction, productivity improvement and other streamlining initiatives.」
The effects of cost reduction, productivity improvement and other streamlining initiatives were reflected in a ¥448 million, or 6.7%, increase in operating profit versus the earnings forecast. However, full-year operating profit declined year on year due to higher research and development-related expenses, depreciation and production preparation costs. - FY2019-Q3Performance results updatedAnnual report
「During the first 3 quarters of the current fiscal year, net sales amounted to ¥55,016 million, an increase of ¥2,591 million, or 4.9%, from the third quarter of the previous fiscal year, due to higher sales volume for automotive rearview mirrors. Operating profit amounted to ¥5,414 million, a decrease of ¥199 million, or 3.6%, due to higher development-related expenses and other factors.」
Higher rearview mirror sales volume drove net sales up 4.9% year on year, while operating profit declined 3.6% due to higher development-related expenses and other factors. Operating profit in Asia increased only 0.1%, while North America declined 5.9%. - FY2019-Q2Performance results updatedAnnual report
「During the first 2 quarters of the current fiscal year, net sales amounted to ¥35,945 million, an increase of ¥2,006 million, or 5.9%, from the second quarter of the previous fiscal year, due to higher sales volume for automotive rearview mirrors. Operating profit amounted to ¥3,611 million, an increase of ¥15 million, or 0.4%, from the second quarter of the previous fiscal year.」
Higher rearview mirror sales volume drove net sales up 5.9% year on year and operating profit up 0.4%. By segment, operating profit increased 8.2% in Asia, while it declined 14.9% in North America and 5.4% in Japan due to higher development-related expenses and other factors. - FY2019-Q1Performance results updatedAnnual report
「Operating profit amounted to ¥1,813 million, a decrease of ¥40 million, or 2.2%, from the first quarter of the previous fiscal year.」
Overall operating profit declined 2.2% year on year in the quarter. Meanwhile, Japan increased 6.8% despite a higher burden from development-related expenses, and Asia increased 4.3% despite a higher depreciation burden from the start-up of new plants, while North America declined 41.0% due to lower net sales and other factors. - FY2018-Q3AdvancedAnnual report
「Operating profit amounted to ¥5,613 million, an increase of ¥491 million, or 9.6%, from the first 3 quarters of the previous fiscal year, due to higher domestic net sales and the effects of cost reductions resulting from improved productivity, among other factors.」
Higher domestic net sales and the effects of cost reductions resulting from improved productivity drove operating profit up 9.6% year on year. The effects of production efficiency improvements and cost reduction measures were further quantified in the results for the first 3 quarters. - FY2018-Q2Performance results updatedAnnual report
「During the first 2 quarters of the current fiscal year, net sales amounted to ¥33,938 million, an increase of ¥1,520 million, or 4.7%, from the second quarter of the previous fiscal year, due to higher domestic sales volume for automotive rearview mirrors. Operating profit amounted to ¥3,595 million, a decrease of ¥25 million, or 0.7%, due to higher development-related expenses and depreciation, and lower sales at overseas bases.」
Higher domestic sales volume drove net sales up 4.7% year on year, while operating profit declined 0.7% year on year due to higher development-related expenses and depreciation, and lower sales at overseas bases. No change in the production efficiency or cost reduction measures themselves is stated, so the performance results are being updated. - FY2018-Q1AdvancedAnnual report
「During the first 3 quarters of the current fiscal year, net sales amounted to ¥17,042 million, an increase of ¥757 million, or 4.6%, from the first quarter of the previous fiscal year, due to higher domestic sales volume for automotive rearview mirrors. Operating profit amounted to ¥1,853 million, an increase of ¥134 million, or 7.8%, resulting from higher net sales and the promotion of cost reduction activities. Ordinary profit amounted to ¥2,044 million, an increase of ¥330 million, or 19.3%, and quarterly net profit attributable to owners of the parent amounted to ¥1,451 million, an increase of ¥302 million, or 26.3%.」
The promotion of cost reduction activities resulted in a 7.8% year-on-year increase in operating profit. In the Japan segment as well, operating profit increased 21.3% year on year due to the effects of streamlining initiatives and other factors, with the effects of production efficiency improvements and cost reduction measures reflected in the quarterly results. - FY2017AdvancedAnnual report
「The cost of sales ratio decreased by 1.5 percentage points from the previous consolidated fiscal year due to the promotion of cost reduction activities, production efficiency improvements and other streamlining initiatives.」
The effects of cost reduction and production efficiency improvements were quantified as a 1.5-percentage-point decline in the cost of sales ratio. Operating profit increased 31.9% in Asia due to local procurement of materials and other factors, and 83.6% in North America due to productivity improvements and lower defect rates. - FY2017-Q3AdvancedAnnual report
「During the first 3 quarters of the current fiscal year, net sales amounted to ¥48,843 million, up 0.9% year on year, due to higher sales volume for automotive rearview mirrors in Japan and overseas. Operating profit amounted to ¥5,122 million, up 16.8% year on year, ordinary profit amounted to ¥5,264 million, up 14.0%, and quarterly net profit attributable to owners of the parent amounted to ¥3,282 million, up 3.8%, due to higher net sales and the effects of streamlining initiatives, among other factors.」
The effects of streamlining initiatives and other factors resulted in a 16.8% year-on-year increase in operating profit. The increase in operating profit resulting from these initiatives is also reported for the Japan, Asia and North America segments, further quantifying the effects of production system efficiency improvements and cost reduction measures. - FY2017-Q2AdvancedAnnual report
「Although sales volume for automotive rearview mirrors increased in China, net sales amounted to ¥7,716 million, down 11.2% year on year, due mainly to the impact of foreign currency translation resulting from the stronger yen. Operating profit amounted to ¥1,240 million, up 28.2% year on year, due to the effects of various streamlining initiatives and other factors.」
In Asia, operating profit increased 28.2% year on year due to the effects of various streamlining initiatives. In North America as well, operating profit increased 29.3% year on year due to the same initiatives and other factors, demonstrating the quantified effects of production system efficiency improvements and cost reduction measures. - FY2017-Q1AdvancedAnnual report
「Although sales volume for automotive rearview mirrors increased in China, net sales amounted to ¥4,209 million, down 7.6% year on year, due to the impact of foreign currency translation resulting from the stronger yen and lower sales volume for automotive rearview mirrors in Thailand, among other factors. Operating profit amounted to ¥696 million, up 17.1% year on year, due to the effects of various streamlining initiatives, among other factors.」
In the Asian business, the effects of various streamlining initiatives emerged as a 17.1% year-on-year increase in operating profit. However, net sales declined 7.6% year on year due to the stronger yen and lower sales volume in Thailand. - FY2016First statedAnnual report
「To respond flexibly to fluctuations in automakers’ production volumes, we will work to optimize and improve the efficiency of our domestic and overseas production systems, pursue cost reduction initiatives including globally optimized procurement, and further improve quality levels.」
Demand fluctuations, procurement, costs and quality are identified as integrated production management priorities.