¥8 billion in cost reductions over three years
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2021.
- FY2021AdvancedAnnual report
「By factor, profit-reducing items included a ¥23.3 billion decline in sales and production, mainly due to the spread of COVID-19, and a ¥1.6 billion increase in labor costs at overseas production facilities. These were offset by profit-enhancing items including a ¥17.3 billion reduction in selling, general and administrative expenses, ¥1.2 billion in cost reductions, and ¥1.2 billion in higher profits from the parts, equipment and other businesses, but profit declined from the previous fiscal year.」
The company disclosed actual results of a ¥17.3 billion reduction in selling, general and administrative expenses and ¥1.2 billion in cost reductions, demonstrating the effect of its cost reduction measures. - FY2020AdvancedAnnual report
「By factor, profit-enhancing items included cost reductions of ¥3.4 billion and a ¥1 billion decrease in selling, general and administrative expenses, among others, although」
The company did not state that the previous ¥8 billion target had been achieved, but disclosed ¥3.4 billion in cost reductions as a factor affecting performance for the fiscal year. - FY2019Cost reduction target not achievedAnnual report
「Although the cost reduction target was not reached because cost increases from higher procurement prices for electronic components and other items could not be fully covered, measures including the realignment of production processes and productivity improvements in indirect operations were advanced.」
Measures including the realignment of production processes continued, but higher procurement prices for electronic components and other items could not be absorbed, and the cost reduction target was not reached. - FY2018RestatedAnnual report
「Measures including the realignment of production processes, production efficiency improvements and productivity improvements in indirect operations are being advanced.」
Cost reduction measures are continuing. The original numerical target of ¥8 billion and the cumulative amount achieved are not stated in this filing. - FY2017-Q3RestatedAnnual report
「The new medium-term management plan, NEXT STAGE 12, covering the 3 years beginning with the current consolidated fiscal year, incorporates sustainable cost reductions, including the reallocation of production processes, and the strengthening of the foundation for global business operations as part of its key strategies,」
Sustainable cost reductions, including the realignment of production processes, have been reaffirmed as a key strategy of the medium-term management plan. The ¥8 billion numerical target is not stated. - FY2017-Q2RestatedAnnual report
「The new medium-term management plan, “NEXT STAGE 12,” covering the 3 years from the current consolidated fiscal year, incorporates sustainable cost reductions, including the realignment of production processes, as one of its key strategies.」
Sustainable cost reductions have been reaffirmed as a key strategy of the medium-term management plan. No numerical target of ¥8 billion or specific amount achieved is stated. - FY2017-Q1RestatedAnnual report
「The new medium-term management plan, “NEXT STAGE 12,” covering the 3 years from the current consolidated fiscal year, incorporates sustainable cost reductions, including the realignment of production processes, as one of its key strategies.」
Sustainable cost reductions, including the realignment of production processes, have been reaffirmed as a key strategy of the medium-term management plan. The previous numerical target of ¥8 billion is not stated in the quarterly report. - FY2016First statedAnnual report
「We will achieve net cost reductions of ¥8 billion over 3 years by continuing to reduce manufacturing costs, including through the realignment of production processes, lower procurement costs and the establishment of new production methods, while improving productivity in indirect operations.」
The measures specified include the realignment of manufacturing processes, procurement, new production methods and productivity improvements in indirect operations.