Improving Operating Profit Margins Through Sales of High-Value-Added Products

「The gross profit margin increased due to growth in sales of upper-midrange products, higher average package prices, and cost reductions, while the ratio of selling, general and administrative expenses also declined. As a result, operating income was ¥1,067 million, up 85.2% year on year, ordinary income was ¥1,256 million, up 59.7%, and net income attributable to owners of the parent for the quarter was ¥754 million, up 64.5%.」

「The operating margin was 2.9%, an improvement of 1.3 percentage points from the previous consolidated fiscal year.」

「In terms of products, we continued to offer high-value-added products to the market, centered on CENTRO, our high-end system kitchen, and STEDIA, our upper-midrange system kitchen.」

「In terms of earnings, although raw material prices, labor costs, and other costs continued to rise, the gross profit margin increased due in part to the effects of revised selling prices becoming apparent, absorbing the increase in selling, general and administrative expenses. As a result, operating income increased 256.5% year on year to ¥1,351 million, ordinary income increased 170.0% to ¥1,663 million, and interim net income attributable to owners of the parent increased 292.2% to ¥1,005 million.」

「We regard generating stable and sustained high earnings as a management mission. To achieve this, we focus on selling high-value-added products such as system kitchens and system bathrooms, enhance our brand strength as a specialist manufacturer, and have made improving the operating margin one of our management objectives. The operating margin was 1.6%, an improvement of 0.6 percentage points from the previous consolidated fiscal year.」

「In terms of products, we continued to provide the market with high-value-added products, centered on the luxury-priced CENTRO system kitchen and the upper-middle-priced STEDIA system kitchen. As a result, revenue for the six-month consolidated period was ¥63,531 million, down ¥4 million from the same period of the previous year. On the profit front, cost of sales rose substantially due to surging raw material and energy prices, among other factors, while selling, general and administrative expenses also increased. Operating profit consequently fell 63.8% to ¥379 million.」

「We regard generating stable and sustained high earnings as a management mission. To achieve this, we focus on selling high-value-added products such as system kitchens and system bathrooms, enhance our brand strength as a specialist manufacturer, and have made improving the operating margin one of our management objectives. The operating margin was 1.0%, a deterioration of 1.4 percentage points from the previous consolidated fiscal year.」

「In terms of products, in 2023, the 50th anniversary of the Company’s first announcement of a system kitchen in Japan, the Company redesigned its flagship stainless-steel system kitchen, CENTRO, in June 2023. As a result, sales for the cumulative third quarter of the current fiscal year increased 3.5% year on year to ¥97,434 million. Operating profit declined 24.4% year on year to ¥2,397 million, ordinary profit declined 21.5% to ¥2,822 million, and profit attributable to owners of the parent declined 30.5% to ¥1,812 million.」

「As a result, sales for the cumulative second quarter of the current fiscal year increased 3.6% year on year to ¥63,535 million. On the earnings side, cost of sales rose substantially due to surging raw material and energy prices, among other factors. Operating profit declined 40.4% year on year to ¥1,047 million, ordinary profit declined 34.6% to ¥1,329 million, and profit attributable to owners of the parent declined 43.4% to ¥755 million.」

「In 2023, the 50th anniversary of the Company’s first announcement of a system kitchen in Japan, the Company redesigned its flagship stainless-steel system kitchen, CENTRO, and began accepting orders in June 2023.」

「As a result, operating profit was ¥3,014 million, a decline of ¥780 million from the previous fiscal year. The operating profit margin was 2.4%, deteriorating by 0.9 percentage points from the previous fiscal year.」

「In terms of products, the Company has continued to offer high-value-added products centered on its core STEDIA system kitchen, which was redesigned in February 2022. As a result, sales for the cumulative third quarter of the current fiscal year increased 10.0% year on year to ¥94,112 million. On the earnings side, cost of sales rose substantially due to surging raw material and energy prices, among other factors, and operating profit declined 22.5% year on year to ¥3,171 million.」

「In terms of products, the Company has continued to offer high-value-added products centered on its core STEDIA system kitchen, which was redesigned in February 2022 under the concept “The ideal lifestyle, without the hard work.” As a result, sales for the cumulative second quarter of the current fiscal year increased 11.6% year on year to ¥61,310 million. On the earnings side, cost of sales rose substantially due to surging raw material and energy prices, among other factors, and operating profit declined 18.9% year on year to ¥1,757 million.」

「In terms of products, the Company has continued to offer high-value-added products centered on its core STEDIA system kitchen, which was redesigned in February 2022 under the concept “The ideal lifestyle, without the hard work.” As a result, sales for the cumulative first quarter of the current fiscal year increased 8.6% year on year to ¥29,206 million. On the earnings side, cost of sales rose substantially due to surging raw material and energy prices, among other factors, and operating profit declined 42.5% year on year to ¥626 million.」

「The Company regards generating high and stable recurring profits as a management mission. To this end, it focuses on selling high-value-added products, including system kitchens and system bathrooms, enhances its brand strength as a specialist manufacturer, and has set improving its operating profit margin as one of its management objectives. The operating profit margin was 3.3%, an improvement of 0.8 percentage points from the previous fiscal year.」

「The Company regards generating high and stable recurring profits as a management mission. To this end, it focuses on selling high-value-added products, including system kitchens and system bathrooms, enhances its brand strength as a specialist manufacturer, and has set improving its operating profit margin as one of its management objectives.」

「The Company regards generating high and stable recurring profits as a management mission. To this end, it focuses on selling high-value-added products, including system kitchens and system bathrooms, enhances its brand strength as a specialist manufacturer, and has set improving its operating profit margin as one of its management objectives.」

「The Company regards generating high and stable recurring profits as a management mission. To this end, it focuses on selling high-value-added products, including system kitchens and system bathrooms, enhances its brand strength as a specialist manufacturer, and has set improving its profitability, or operating profit margin, as one of its management objectives.」

「The Company regards generating high and stable recurring profits as a management mission. To this end, it focuses on selling high-value-added products, including system kitchens and system bathrooms, enhances its brand strength as a specialist manufacturer, and has set improving its profitability, or operating profit margin, as one of its management objectives.」

「The Company regards generating high and stable recurring profits as a management mission. To this end, it focuses on selling high-value-added products, including system kitchens and system bathrooms, enhances its brand strength as a specialist manufacturer, and has set improving its profitability, or operating profit margin, as one of its management objectives.」