Strengthening Manufacturing Capabilities, Reducing Costs and Improving Asset Efficiency
First written in FY2016. 12 of 17 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The Group invested a total of ¥28,599 million in equipment for expanding and rationalising production and accommodating new products in the watch, machine-tool and device businesses.」
Capital expenditure was increased to a total of ¥28.599 billion to expand production capacity, rationalise operations and accommodate new products. - FY2025-H1AdvancedAnnual report
「As a result, the device business posted revenue of ¥20.7 billion, down 6.4% year on year, but operating profit increased 44.8% to ¥0.5 billion as fixed costs were reduced.」
The device business reduced fixed costs, and despite lower revenue, operating profit rose 44.8% year on year to ¥0.5 billion. - FY2024AdvancedAnnual report
「The Group invested a total of ¥22,020 million in equipment for expanding and rationalising production and accommodating new products in the watch, machine-tool, device, electronic-equipment and other businesses.」
The Group made total capital expenditures of ¥22.020 billion to expand production capacity, rationalise operations and accommodate new products, continuing to strengthen its manufacturing base. - FY2024-Q3RestatedAnnual report
「As a result, the device business posted revenue of ¥32.5 billion, down 4.9% year on year, but operating profit increased to ¥0.4 billion as fixed costs were reduced, compared with an operating loss of ¥0.1 billion in the same period a year earlier, resulting in lower revenue but higher profit.」
The device business continued measures to reduce fixed costs and returned to operating profit from the operating loss recorded in the same period a year earlier despite lower revenue. This reconfirmed the ongoing results of existing measures. - FY2024-Q2AdvancedAnnual report
「As a result, the device business posted revenue of ¥22.1 billion, down 3.2% year on year, but operating profit increased 1,708.2% to ¥0.4 billion as fixed costs were reduced.」
The device business reduced fixed costs, and despite lower revenue, operating profit rose 1,708.2% year on year to ¥0.4 billion. - FY2023AdvancedAnnual report
「The Group invested a total of ¥17,428 million in equipment for expanding and rationalising production and accommodating new products in the watch, machine-tool, device, electronic-equipment and other businesses.」
The Group made total capital expenditures of ¥17.428 billion for the full year to expand production capacity, rationalise operations and accommodate new products. - FY2020AdvancedAnnual report
「In the fiscal year ended March 2020, the Company implemented measures including labour-saving and rationalisation in watch manufacturing, decided to relocate and expand its China plant in the machine-tool business for the next phase of growth, and carried out structural reforms in the device business and other businesses.」
The Company implemented labour-saving and rationalisation measures in watch manufacturing, decided to relocate and expand the machine-tool plant in China, and carried out structural reforms in the device business and other areas. - FY2020-Q2AdvancedAnnual report
「Cash used in investing activities increased by ¥3.8 billion from the end of the same quarter a year earlier, resulting in an outflow of ¥13.4 billion. This was mainly due to ¥10.6 billion in payments for the acquisition of property, plant and equipment and ¥1.9 billion in payments for the acquisition of investment securities.」
The Company spent ¥10.6 billion on the acquisition of property, plant and equipment during the six months, continuing to invest in equipment and its manufacturing base. - FY2020-Q1AdvancedAnnual report
「The Company decided to integrate Citizen Watch Manufacturing Co., Ltd. and its 5 subsidiaries to further strengthen the manufacturing foundation of the core manufacturing company in the watch business.」
The Company decided to integrate the core manufacturing company in the watch business and its 5 subsidiaries, advancing specific organisational measures to strengthen its manufacturing capabilities. - FY2018AdvancedAnnual report
「The Group invested a total of ¥16.8 billion in equipment for expanding and rationalising production and accommodating mass production of new products in the watch, machine-tool, device and electronic-equipment businesses. By segment, the watch business received ¥7.9 billion, mainly for production-capacity expansion and rationalisation. The device business received ¥5.0 billion, mainly for expanding production capacity for machined metal components and chip LEDs for general lighting. The machine-tool business received ¥2.3 billion, mainly for production-capacity expansion and rationalisation.」
The Group invested a total of ¥16.8 billion in capital expenditure for the full year, advancing production-capacity expansion and rationalisation in the watch, device and machine-tool businesses. - FY2018-Q3AdvancedAnnual report
「Operating profit increased due to higher sales, improved profitability from the product mix and other factors. As a result, the overall watch business posted revenue of ¥127.5 billion, up 1.5% year on year, and operating profit of ¥16.0 billion, up 25.4%, resulting in higher revenue and operating profit.」
Operating profit in the watch business rose to ¥16.0 billion, up 25.4% year on year, due mainly to improved profitability from the product mix and other factors. - FY2018-Q2AdvancedAnnual report
「Operating profit increased due to improved profitability from the product mix and other factors. As a result, the overall watch business posted revenue of ¥77.4 billion, down 0.3% year on year, and operating profit of ¥8.5 billion, up 32.3%, resulting in lower revenue but higher operating profit.」
Efforts to improve profitability through the product mix resulted in watch-business operating profit of ¥8.5 billion, up 32.3% year on year. - FY2018-Q1AdvancedAnnual report
「Operating profit increased due to progress in reducing fixed costs, despite lower sales. As a result, across the watch business, net sales were ¥36.3 billion, down 2.4% year on year, while operating profit was ¥2.6 billion, up 16.5% year on year, resulting in lower sales but higher profit.」
The watch business increased operating profit year on year as a result of measures including the reduction of fixed costs. - FY2017-Q3RestatedAnnual report
「During the latter 3 years of the plan, from the fiscal year ending March 2017 through the fiscal year ending March 2019, we will further strengthen our efforts to reduce costs through manufacturing innovation and improve asset efficiency.」
The measures for manufacturing innovation, cost reduction and improved asset efficiency in the latter phase of the medium-term plan are reiterated. - FY2017-Q2RestatedAnnual report
「During the latter 3 years of the plan, from the fiscal year ending March 2017 through the fiscal year ending March 2019, we will further strengthen our efforts to reduce costs through manufacturing innovation and improve asset efficiency.」
The measures for manufacturing innovation, cost reduction and improved asset efficiency in the latter phase of the medium-term plan are reiterated. - FY2017-Q1RestatedAnnual report
「During the latter 3 years of the plan, from the fiscal year ending March 2017 through the fiscal year ending March 2019, we will further strengthen our efforts to reduce costs through manufacturing innovation and improve asset efficiency.」
The measures for manufacturing innovation, cost reduction and improved asset efficiency in the latter phase of the medium-term plan are reiterated. - FY2016First statedAnnual report
「During the latter 3 years of the plan, from the fiscal year ending March 2017 through the fiscal year ending March 2019, we will further strengthen our efforts to reduce costs through manufacturing innovation and improve asset efficiency.」
The measures for the latter phase of the medium-term management plan include manufacturing innovation, cost reduction and improved asset efficiency.