Maintaining Gross Profit Margin at the Previous Year’s Level, with Revenue and Operating Profit Growth

「As a result, the gross profit margin on sales for the six-month consolidated period remained broadly at the same level as in the prior-year period. For the full year, we aim for 40.3% as the impact of price revisions takes hold.」

「The gross margin was 39.5%, down 3.3 percentage points year on year. Although the company advanced measures to improve margins, including shifting production overseas and revising prices, it was unable to contain the increase in costs.」

「The gross margin was 39.8%, down 3.4 percentage points year on year, due to cost increases including the impact of exchange rates at levels reflecting the weaker yen, higher raw material prices, domestic labor costs and logistics costs.」

「The gross margin was 42.8%, down 1.1 percentage points year on year, as a result of measures to improve margins, including shifting production overseas and revising prices.」

「Through the production-shift effect from the higher overseas production ratio and sales price revisions, the gross margin for the cumulative third-quarter consolidated period was 43.2%, limiting the decline to 0.6 percentage points year on year.」

「Although higher raw material costs, increased processing fees at domestic factories, and exchange rates significantly weaker against the yen than in the same period of the previous year increased costs, the shift effect from a higher overseas production ratio and sales price revisions resulted in a gross profit margin of 43.2%, up 0.3 percentage points year on year.」

「As a result of the production-shift effect from the higher overseas production ratio and sales price revisions, the gross margin on net sales was 44.0%, up 1.2 percentage points year on year.」

「The gross margin on net sales was initially projected at 41.9%, down 2.5 percentage points year on year, but as a result of measures to improve margins, including the shift to overseas production and price revisions, it came to 43.9%, down 0.5 percentage points year on year.」

「The gross margin for the cumulative consolidated third quarter was 43.8%, down 0.9 percentage points year on year, following continued efforts to improve profitability.」

「The gross margin for the cumulative consolidated second quarter had been planned at 41.5%, but rose to 42.9%, down 1.8 percentage points year on year, due to improved profitability from increasing the overseas production ratio, stabilizing costs through currency forward contracts, easing overseas logistics conditions and revising product prices.」

「Regarding production, higher raw material costs, increased processing fees at domestic factories, and exchange rates that were weaker against the yen than in the same period of the previous year resulted in a gross profit margin of 42.8%, down 2.6 percentage points year on year.」

「As a result, the gross margin was 44.4%, down 1.5 percentage points year on year, despite efforts to improve profitability by shifting production overseas and reducing the impact of the rapid weakening of the yen through forward foreign exchange contracts.」

「The gross margin for the cumulative consolidated third quarter was 44.7%, down 1.3 percentage points year on year.」

「The gross margin for the cumulative consolidated second quarter was 44.7%, down 1.4 percentage points year on year.」

「The gross margin was 45.4%, down 1.1 percentage points year on year, due to higher processing fees at domestic plants and exchange rates reflecting a weaker yen than in the year-earlier period.」

「As a result, the gross margin rose 0.1 percentage points year on year to 45.9%.」

「As a result, the gross margin for the cumulative consolidated third quarter was 46.0%, unchanged from the year-earlier period.」

「As a result, the gross margin for the cumulative consolidated second quarter declined 0.2 percentage points year on year to 46.1%.」

「The transfer of infection-control product production overseas and exchange rates stronger against the yen than in the previous year resulted in a gross profit margin of 46.5%, up 0.3 percentage points year on year.」

「The gross profit margin fell 0.9 percentage points year on year to 45.8%, as profit from emergency domestic production declined, while higher costs resulting from increases in general raw material prices, including fabric, and domestic labor costs weighed on results.」

「The gross margin was 46.0%, down 0.7 percentage points year on year, as costs rose due to broad-based increases in raw material prices, including fabrics, and domestic labor costs, as well as the urgent expansion of domestic production to support the production of isolation gowns related to COVID-19 and meet the sharp increase in demand for surgical wear.」

「The gross margin was 46.3%, down 0.3 percentage points year on year, as higher costs resulting from broad-based increases in raw material prices, including fabrics, and domestic labor costs weighed on results.」

「Although the yen's appreciation in the future is expected to have a positive effect through forward contracts, gross margin on net sales was 46.2%, down 0.8 percentage points year on year, owing to higher raw material costs and delays in shifting production from Japan to overseas locations.」

「Although depreciation expense associated with the new factory (sewing center), real estate acquisition tax and higher processing costs due to rising overseas labor costs increased costs, the benefits of shifting production overseas and arranging forward exchange contracts during periods of yen appreciation helped contain the increase. As a result, gross margin was 46.7%.」

「Gross margin was maintained at the previous year's level as the impact of higher overseas labor costs was offset by the stronger yen effect from forward exchange contracts and the increased proportion of overseas production. However, special-factor costs associated with the establishment of a new factory increased costs by 0.3%, resulting in a 0.3 percentage-point year-on-year decline in gross margin to 46.7%.」

「The gross profit margin benefited from being able to arrange forward foreign-exchange contracts at a stronger yen rate than initially assumed and from cost reductions achieved through a higher overseas production ratio. However, higher overseas labor costs, increased depreciation expenses associated with the construction of a new plant, and a one-time real estate acquisition tax resulted in a margin of 46.6%, down 0.2 percentage points year on year. (Excluding special factors in the current fiscal year, the gross profit margin would have been 47.0%, up 0.2 percentage points year on year.)」

「Despite higher processing fees resulting from sustained yen depreciation and rising personnel expenses, and higher costs due to depreciation expenses for the newly established sewing center, gross margin on net sales was 47.0%, up 0.1 percentage points year on year, owing to the shift of production overseas and higher product added value.」

「As a result of the benefits of shifting production overseas and strong sales of new product lines, gross margin on net sales was 47.0%.」

「In the consolidated third quarter accounting period, the delayed receipt of products transferred to overseas production lifted gross margin on net sales by 0.2 percentage points from the cumulative second quarter consolidated accounting period to 47.0%, indicating a recovery trend.」

「Gross margin declined 0.8 percentage points year on year to 46.8% owing to higher costs, including increased overseas production costs resulting from the weaker yen in the cost-accounting exchange rate following a decline in forward bookings during periods of yen appreciation, higher costs caused by delays in ramping up overseas production transfers for new products, and higher labor costs resulting from domestic labor shortages.」

「With sustained yen depreciation and higher processing fees due to rising personnel expenses driving costs higher, gross margin on net sales was 46.9%, down 0.6 percentage points year on year.」

「Although higher domestic processing fees and higher costs resulting from yen depreciation against the US dollar were factors driving costs up, gross margin on net sales improved owing to the shift of production overseas and other factors.」

「Despite these cost-increasing factors, gross margin on net sales was 47.7%, up 1.1 percentage points year on year, owing to the promotion of sales of higher-value-added products, the shift from domestic to overseas production and the smoothing of foreign exchange fluctuations through foreign exchange contracts.」

「Despite these cost-increasing factors, gross margin on net sales was 47.6%, up 1.9 percentage points year on year, owing to the promotion of sales of higher-value-added products, the shift from domestic to overseas production and the smoothing of foreign exchange fluctuations through foreign exchange contracts.」

「Gross margin on net sales was 47.5%, up 1.6 percentage points year on year, owing to dollar forward foreign exchange contracts, the shift of production overseas and higher product added value.」

「As a result of the benefits of shifting production overseas and strong sales of new product lines, gross margin on net sales improved to 46.8%.」

「Gross margin on net sales was broadly in line with the previous year, owing to the transfer of production to new overseas locations, an increase in the overseas production ratio, forward foreign exchange contracts to hedge foreign exchange risk, and the recent effect of yen appreciation.」