Production Efficiency, Strengthened Purchasing, and Expense Reduction

「As a result of efforts to increase profit through higher sales of high-value-added products, improve supply capacity by strengthening the global production system, and reduce expenses through continuous operational efficiency improvements, each profit item increased significantly year on year.」

「As a result of efforts to contain cost of sales, including reducing production costs through improvements in production technology and productivity, the cost of sales ratio fell 1.1 percentage points from the previous consolidated fiscal year to 61.6%.」

「Against this backdrop, personnel expenses and depreciation increased due to investments in human resources aimed at sustainable business expansion and the start-up of a new factory building. However, operating profit remained solid year on year, supported by the effects of price revisions, ongoing productivity improvements and rigorous cost controls.」

「Against this backdrop, the gross profit margin declined slightly year on year due to increased investment in human resources aimed at sustainable business expansion and higher depreciation associated with the start-up of a new factory building. Although the company advanced general cost reductions, including deferring some repair expenses, selling, general and administrative expenses remained flat year on year as increased investment in human resources and higher fees paid offset those reductions. As a result, the operating margin declined year on year.」

「Against this backdrop, the company focused on selling high-value-added products and achieving ongoing productivity improvements. However, the gross profit margin declined year on year due to persistently high external procurement prices for raw materials and other inputs, energy prices, and changes in the sales mix by product segment resulting from slower demand in certain overseas regions. Operating profit also declined year on year due to increases in repair expenses, sales promotion costs, travel and transportation expenses and other expenses related to sustainable business expansion.」

「Against this backdrop, the company focused on selling high-value-added products and achieving ongoing productivity improvements. However, the gross profit margin declined year on year due to persistently high raw material and energy prices and changes in the sales mix by product segment resulting from slower demand in certain overseas regions. Selling promotion costs, travel and transportation expenses and other expenses also increased in pursuit of sustainable business expansion. As a result, operating profit exceeded the initial budget but declined year on year.」

「The company focused on selling high-value-added products and achieving ongoing productivity improvements. However, the gross profit margin declined year on year due to changes in the sales mix by product segment against a backdrop of persistently high raw material and energy prices, slower demand in certain overseas regions and an increase in new made-to-order projects with a strong development component to address new markets and technologies. Selling, general and administrative expenses such as sales promotion costs, travel and transportation expenses, and research and development expenses also increased in pursuit of further business expansion. As a result, operating profit exceeded the initial budget but declined year on year.」

「The company worked to contain cost of sales by reducing production costs through inventory optimization and improvements in production technology and productivity. However, the cost of sales ratio rose 0.3 percentage points from the previous consolidated fiscal year to 60.9%, as component procurement costs increased amid supply chain disruption, while material and subcontract processing costs rose with higher sales and labor costs increased due to longer working hours to meet increased demand and higher bonuses associated with increased earnings.」

「Overall, sales increased on solid demand. However, operating profit remained flat as supply constraints for semiconductors and other products persisted, while the effects of soaring raw material and component prices and sharp foreign exchange fluctuations continued, resulting in higher external costs such as materials and subcontract processing costs.」

「Cost of sales increased by ¥863 million from the previous consolidated fiscal year to ¥6,269 million. Although material and subcontract processing costs increased with higher sales, and labor costs rose due to longer working hours to meet increased demand and higher bonuses associated with increased earnings, the company worked to contain cost of sales by optimizing inventory and reducing production costs through improvements in production technology and productivity. As a result, the cost of sales ratio fell 1.1 percentage points from the previous consolidated fiscal year to 60.6%.」

「The company reduced production costs through production efficiency improvements, controls on overtime hours and inventory optimization. However, the cost of sales ratio fell 0.3 percentage points from the previous consolidated fiscal year to 61.7%, reflecting lower sales of repeat products and OEM products, increased material and subcontract processing costs associated with higher orders for made-to-order products with high external procurement ratios and highly complex projects with demanding specifications, and higher depreciation related to the new factory building.」

「The company reduced production costs by improving production efficiency, including bringing processes in-house, controlling overtime hours and strengthening procurement through advance ordering. However, the cost of sales ratio rose 2.2 percentage points from the previous consolidated fiscal year to 59.4%, reflecting increased material and subcontract processing costs associated with higher orders for made-to-order products with high external procurement ratios and highly complex projects with demanding specifications, as well as the recognition of inventory valuation losses on slow-moving inventory.」

「Amid this business environment, the Group focused on upgrading and integrating its core optical and machining technologies, strengthening sales of high-value-added products such as lens units, strengthening one-stop solution proposals, and improving customer satisfaction through appropriate delivery times, prices, and quality. As external procurement increased to accommodate a sharp rise in production, it also continued efforts to reduce production costs through greater production efficiency and a stronger global supply chain, as well as to reduce overall expenses.」

「Amid this business environment, the Group focused on upgrading and integrating its core optical and machining technologies, strengthening sales of high-value-added products such as lens units, strengthening one-stop solution proposals, and improving customer satisfaction through appropriate delivery times, prices, and quality. It also continued efforts to reduce production costs through greater production efficiency and a stronger global supply chain, as well as to reduce overall expenses.」

「Amid this business environment, the Group focused on upgrading and integrating its core optical and machining technologies, strengthening sales of high-value-added products such as lens units, strengthening one-stop solution proposals, and improving customer satisfaction through appropriate delivery times, prices, and quality. It also continued efforts to reduce production costs through greater production efficiency and a stronger global supply chain, as well as to reduce overall expenses.」

「As a result of controlling overtime hours and reducing capital investment through production efficiency improvements, including bringing processes in-house, as well as strengthening procurement through advance ordering and other measures, the cost of sales ratio fell 3.6 percentage points from the previous consolidated fiscal year to 57.2%.」

「The company also continues to reduce production costs through more efficient production and a stronger global supply chain, as well as to reduce expenses generally.」

「The company also continues to reduce production costs through more efficient production and a stronger global supply chain, as well as to reduce expenses generally.」

「The company also continues to reduce production costs through more efficient production and a stronger global supply chain, as well as to reduce expenses generally.」

「The company also continues to reduce production costs and expenses generally.」

「The company also continues to reduce production costs and expenses generally.」

「The company also continues to reduce production costs and expenses generally.」

「The company also continues to reduce production costs through more efficient production and stronger procurement functions, as well as to reduce expenses generally.」