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Shimadzu (7701) · InitiativeRestated

Securing Profit through Rigorous Expense Control

First written in FY2021-Q1. 2 of 4 entries say "Restated". Latest entry: FY2021.

4entries
2years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2021-Q1 – FY2021-Q2ReframedFY2021-Q32020: 220202021: 22021
Same theme, other companies
Expense and Capital Investment Restraint and Recovery During the PandemicA theme 14 companies write about · 6 as a headwind · 9 as a tailwind

4 other companies' latest entry also says "Restated".

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Full recordFilings, disclosures and news, newest first
  1. FY2021RestatedAnnual report

    「Operating profit was ¥49.742 billion, up 18.9% year on year, due to higher revenue as well as cost controls and careful selection of investments.」

    Measures to secure and increase full-year operating income through expense restraint and selective investment continue to be presented.
  2. FY2021-Q3ReframedAnnual report

    「Revenue was ¥276.053 billion, down 1.1% year on year, reflecting the impact of the spread of COVID-19, while operating profit was ¥32.718 billion, up 17.0%, owing to expense controls and careful selection of investments, among other factors.」

    The wording describing measures to secure profits despite lower sales changed from the previous quarter's “thorough expense reductions and restrained investment” to “expense restraint and selective investment.”
  3. FY2021-Q2RestatedAnnual report

    「For the cumulative second quarter of the fiscal year, revenue was ¥178.765 billion, down 4.1% year on year, due to the impact of the spread of COVID-19, while operating profit was ¥19.638 billion, up 9.9% year on year, due to thorough expense reductions and restrained investment」

    Measures to secure operating profit through thorough expense reductions and restrained investment amid lower revenue continue to be presented.
  4. FY2021-Q1First statedAnnual report

    「Through rigorous expense control and other measures, operating profit was ¥6,085 million, up 36.3% year on year.」

    Under declining sales caused by COVID-19, rigorous expense control was first identified independently as a specific means of securing profit.
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Securing Profit through Rigorous Expense Control | Shimadzu Corporation (7701) | Komori