Fixed Cost Reduction
First written in FY2017-Q2. 5 of 11 entries say "Advanced", first in FY2017. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「a. Strengthening earning power, promoting cost reductions and revising prices」
The measures became more specific, moving from conventional fixed-cost reductions and measures for unprofitable products to cost reductions, price revisions, verification of standard-cost data and strengthening of the budget-versus-actual management system under the new Medium-Term Management Plan 2028. - FY2024RestatedAnnual report
「a. Improving profitability through price revisions for unprofitable products and cost reductions b. Standardization of components and structures and restructuring of the product lineup through model consolidation c. Expanding production capacity with a view to future business growth」
The Company continues to cite price revisions for unprofitable products, cost reductions, model consolidation and standardization, and increased production capacity as measures to improve the profitability of its existing businesses. - FY2023AdvancedAnnual report
「a. Improving profitability through price revisions for unprofitable products and cost reductions b. Standardization of components and structures and restructuring of the product lineup through model consolidation c. Expanding production capacity with a view to future business growth」
The measures became more specific, moving from conventional fixed-cost and expense reductions to price revisions for unprofitable products, cost reductions, model consolidation and increased production capacity under the Second Medium-Term Management Plan. - FY2022RestatedAnnual report
「Standardization of components and structures and restructuring of the product lineup through model consolidation」
The Company continues to implement its policy of reducing fixed costs and expenses through measures to improve product profitability, standardize components and structures, and introduce production equipment and systems using RPA, IoT and AI. - FY2021-Q3RestatedAnnual report
「Although various measures, including expense reductions, have produced a certain effect, they have not been sufficient to offset the impact of lower net sales.」
The company continues to explain that measures including expense reductions have produced a certain effect, but have not been sufficient to offset the impact of lower net sales. - FY2020Expanded measures to improve profitability through product-line restructuring and digital technologiesAnnual report
「Standardization of components and structures and restructuring of the product lineup through model consolidation」
The measures became more specific, moving from conventional fixed-cost and expense reductions to model consolidation, standardization of components and structures, and the introduction of production equipment and systems using RPA, IoT and AI to improve business profitability. - FY2019AdvancedAnnual report
「As a result of efforts to reduce expenses, selling, general and administrative expenses as a percentage of net sales decreased by 0.3 percentage points from the previous consolidated fiscal year to 22.1%, totaling ¥11,518 million.」
Efforts to reduce expenses lowered selling, general and administrative expenses as a percentage of net sales by 0.3 percentage points to 22.1%. - FY2018AdvancedAnnual report
「As a result of company-wide efforts to reduce manufacturing costs and fixed costs, the cost of sales ratio decreased by 1.0 percentage point from the previous consolidated fiscal year to 70.8%, and cost of sales was ¥35,713 million.」
The full-year results state that efforts to reduce manufacturing costs and fixed costs lowered the cost of sales ratio by 1.0 percentage point to 70.8%. The ratio of selling, general and administrative expenses to net sales also decreased by 1.5 percentage points. - FY2017AdvancedAnnual report
「As a result of company-wide efforts to reduce manufacturing costs and fixed costs, the cost of sales ratio decreased by 0.1 percentage points from the previous consolidated fiscal year to 71.8%, and cost of sales was ¥31,724 million.」
The full-year results state that the Company continued its efforts to reduce fixed costs and that the cost of sales ratio fell by 0.1 percentage points year on year. - FY2017-Q3RestatedAnnual report
「Despite the effect of fixed-cost reductions, operating profit was ¥1,314 million, down 11.9% year on year, due to the impact of lower net sales.」
The company continues to explain that fixed-cost reductions had an effect, but operating profit declined year on year due to the impact of lower net sales. - FY2017-Q2First statedAnnual report
「Despite the effect of fixed-cost reductions, operating profit was ¥659 million, down 27.3% year on year, due to the impact of lower net sales.」
The company explicitly identified fixed-cost reductions as a measure to address business performance for the first time and stated that they had an effect.