Improving Profitability Through Better Margins on Core Products and a Higher Overseas Sales Ratio
First written in FY2016-Q2. 20 of 40 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-10-02.
Zojirushi moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
30 other companies' latest entry also says "Advanced".
- 2026-10-02AdvancedEarnings
「In addition to strong sales centered on high-value-added products in Japan, we made progress in passing on higher import costs resulting from the weaker yen. The resulting increase in sales absorbed the increase in selling, general and administrative expenses, and operating profit was ¥5,856 million, up 5.3% year on year.」
Strong sales of high-value-added products and the passing on of higher costs enabled operating profit to exceed the previous year's level despite higher selling, general and administrative expenses. - FY2026-H1AdvancedAnnual report
「Regarding profit, domestic sales remained strong, centered on high-value-added products, and the company pursued price pass-through for higher import costs resulting from the weaker yen. The resulting increase in sales absorbed the increase in selling, general and administrative expenses, resulting in operating profit of ¥5,212 million, up 7.0% year on year.」
Sales of high-value-added products and price pass-through for higher import costs resulting from the weaker yen absorbed the increase in selling, general and administrative expenses, and operating profit rose 7.0% year on year. - FY2025AdvancedAnnual report
「Operating profit was ¥7,436 million, up 24.9% from the previous consolidated fiscal year.」
Sales of high-priced products in Japan and price pass-through for higher import costs resulting from the weaker yen increased operating profit by 24.9% year on year. - FY2025-H1AdvancedAnnual report
「Regarding profit, although selling, general and administrative expenses increased, strong domestic sales and price pass-through for higher import costs resulting from the weaker yen resulted in operating profit of ¥4,870 million, up 11.4% year on year.」
Strong domestic sales and price pass-through for higher import costs resulting from the weaker yen increased operating profit by 11.4% year on year. - FY2024AdvancedAnnual report
「Consolidated operating profit was ¥5,955 million, up 19.1% year on year, and the consolidated operating margin was 6.8%. Consolidated sales achieved the target, and consolidated operating profit also exceeded the target as a result of efforts to strengthen cost competitiveness and pursue price pass-through for higher import costs resulting from the weaker yen.」
Strengthening cost competitiveness and passing through higher import costs resulting from the weaker yen increased operating profit by 19.1% year on year, exceeding the 2024 target of ¥5,800 million. - FY2024-Q2WorsenedAnnual report
「Regarding profit, sales increased mainly because domestic sales remained strong and the company pursued price pass-through for higher import costs resulting from the weaker yen, but higher selling, general and administrative expenses resulted in operating profit of ¥4,370 million, down 2.4% year on year.」
Although strong domestic sales and price pass-through increased revenue, higher selling, general and administrative expenses caused operating profit to fall 2.4% year on year, weakening the momentum in profit improvement. - FY2024-Q1WorsenedAnnual report
「Regarding profit, sales increased as domestic sales remained strong and the company pursued price pass-through for higher import costs resulting from the weaker yen, but higher selling, general and administrative expenses resulted in operating profit of ¥3,525 million, up 0.0% year on year.」
Although strong domestic sales and price pass-through increased revenue, higher selling, general and administrative expenses limited operating profit growth to 0.0% year on year, weakening the momentum in profit improvement. - FY2023AdvancedAnnual report
「Regarding profit, although selling, general and administrative expenses increased, efforts to strengthen price competitiveness and pursue price pass-through for higher import costs resulting from the weaker yen resulted in operating profit of ¥5,000 million, up 7.2% from the previous consolidated fiscal year.」
Strengthening price competitiveness and passing through higher import costs resulting from the weaker yen resulted in operating profit of ¥5,000 million, up 7.2% year on year. - FY2023-Q3WorsenedAnnual report
「Regarding profit, the company pursued price pass-through for higher raw material prices and increased import costs resulting from the weaker yen, but higher selling, general and administrative expenses resulted in operating profit of ¥4,203 million, down 8.1% year on year.」
Although the company pursued price pass-through, higher selling, general and administrative expenses and other factors caused operating profit to fall 8.1% year on year. The operating margin was approximately 6.8%, below the target level of 8% or higher. - FY2023-Q2WorsenedAnnual report
「Regarding profit, the company pursued price pass-through for higher raw material prices and increased import costs resulting from the weaker yen, but higher selling, general and administrative expenses resulted in operating profit of ¥4,476 million, down 7.6% year on year.」
Although the company pursued price pass-through, higher selling, general and administrative expenses caused operating profit to fall 7.6% year on year, weakening the trend in profit improvement. - FY2023-Q1WorsenedAnnual report
「Regarding profit, although sales increased, higher costs and selling, general and administrative expenses resulted in operating profit of ¥3,525 million, down 11.4% year on year.」
Although sales increased, higher costs and selling, general and administrative expenses caused operating profit to fall 11.4% year on year, weakening the trend in profit improvement. - FY2022WorsenedAnnual report
「Regarding profit, the substantial impact of higher cost of sales resulted in operating profit of ¥4,664 million, compared with ¥6,399 million in the previous consolidated fiscal year.」
The impact of higher cost of sales reduced operating profit from ¥6,399 million in the previous year to ¥4,664 million, worsening the trend in profit improvement. - FY2022-Q3WorsenedAnnual report
「Regarding profit, the substantial impact of higher cost of sales caused operating profit to fall below the previous year's result to ¥4,575 million, compared with ¥5,148 million in the same quarter of the previous year.」
The impact of higher cost of sales reduced operating profit from ¥5,148 million in the same quarter of the previous year to ¥4,575 million. Meanwhile, ordinary profit increased due to foreign exchange gains and other factors. - FY2022-Q2RestatedAnnual report
「Regarding profit, higher sales and lower selling, general and administrative expenses resulted in operating profit of ¥4,844 million, compared with ¥4,841 million in the same quarter of the previous year.」
Operating profit exceeded the same quarter of the previous year due to higher sales and lower selling, general and administrative expenses, but the increase was only ¥3 million, and the previously cited drivers of profit improvement continued to be reported. - FY2022-Q1AdvancedAnnual report
「Regarding profit, higher sales and lower selling, general and administrative expenses resulted in operating profit of ¥3,979 million, compared with ¥3,646 million in the same quarter of the previous year.」
Higher sales and lower selling, general and administrative expenses resulted in operating profit of ¥3,979 million, exceeding ¥3,646 million in the same quarter of the previous year. - FY2021AdvancedAnnual report
「Regarding profit, higher sales centered on high-value-added products resulted in operating profit of ¥6,399 million, up 17.6% from the previous consolidated fiscal year.」
Against a backdrop of higher sales of high-value-added products, operating profit rose 17.6% year on year. - FY2021-Q3AdvancedAnnual report
「Regarding profit, higher sales centered on high-value-added products resulted in operating profit of ¥5,148 million, up 31.3% year on year. Ordinary profit was ¥5,320 million, up 32.6%, and net income attributable to owners of the parent was ¥3,461 million, up 29.4%.」
Higher sales centered on high-value-added products resulted in operating profit up 31.3% year on year and ordinary profit up 32.6%. - FY2021-Q2AdvancedAnnual report
「Regarding profit, higher sales, lower costs and the control of selling, general and administrative expenses resulted in operating profit of ¥4,841 million, up 55.0% year on year.」
Higher sales, lower costs and the control of selling, general and administrative expenses increased operating profit by 55.0% year on year, representing further progress from the improvement in the previous quarter. - FY2021-Q1AdvancedAnnual report
「Regarding profit, higher sales, lower costs and the control of selling, general and administrative expenses resulted in operating profit of ¥3,646 million, up 28.9% year on year.」
Higher sales, lower costs and the control of selling, general and administrative expenses improved operating profit by 28.9% year on year. - FY2020RestatedAnnual report
「Regarding profit, although the company worked to reduce costs and control selling, general and administrative expenses, the decline in sales resulted in operating profit of ¥5,440 million, down 0.1% from the previous consolidated fiscal year.」
Although the company continued to reduce costs and control selling, general and administrative expenses, the impact of lower sales caused operating profit to fall slightly below the previous year. - FY2020-Q3RestatedAnnual report
「Regarding profit, although the company worked to reduce costs and control selling, general and administrative expenses, the decline in overseas sales and lower profit from sluggish sales of stainless steel vacuum bottles in Japan and overseas resulted in operating profit of ¥3,920 million, down 4.5% year on year.」
Despite efforts to reduce costs and control selling, general and administrative expenses, operating profit fell 4.5% year on year due to the decline in overseas sales and sluggish stainless steel vacuum bottle sales. - FY2020-Q2WorsenedAnnual report
「Regarding profit, although the company worked to reduce costs and control selling, general and administrative expenses, the decline in overseas sales and lower profit from sluggish sales of stainless steel vacuum bottles in Japan and overseas resulted in operating profit of ¥3,122 million, down 23.6% year on year.」
Despite efforts to reduce costs and control selling, general and administrative expenses, operating profit fell 23.6% year on year due to the decline in overseas sales and sluggish stainless steel vacuum bottle sales. - FY2020-Q1WorsenedAnnual report
「Regarding profit, although the company worked to reduce costs and control selling, general and administrative expenses, the decline in overseas sales and lower profit from sluggish sales of stainless steel vacuum bottles in Japan and overseas resulted in operating profit of ¥2,828 million, down 7.8% year on year.」
Despite efforts to reduce costs and control selling, general and administrative expenses, operating profit fell 7.8% year on year due to the decline in overseas sales and sluggish stainless steel vacuum bottle sales in Japan and overseas. - FY2019WorsenedAnnual report
「Regarding profit, although the company worked to reduce costs and control selling, general and administrative expenses, the substantial decline in overseas sales and lower profit from sluggish sales of stainless steel vacuum bottles in Japan and overseas resulted in operating profit of ¥5,444 million, down 12.9% from the previous consolidated fiscal year.」
Despite efforts to reduce costs and control selling, general and administrative expenses, operating profit fell 12.9% year on year due to the substantial decline in overseas sales and sluggish stainless steel vacuum bottle sales. - FY2019-Q3RestatedAnnual report
「Regarding profit, although domestic sales of rice cookers increased, the decline in overseas sales and lower profit from sluggish sales of stainless steel vacuum bottles in Japan and overseas reduced profit. In addition, lower margins resulting from higher costs of overseas-produced goods and other factors resulted in operating profit of ¥4,103 million, down 21.1% year on year.」
The increase in domestic rice cooker sales was insufficient to offset the decline in overseas sales, sluggish stainless steel vacuum bottle sales and higher costs of overseas-produced goods, and operating profit continued to decline. - FY2019-Q2WorsenedAnnual report
「Regarding profit, although sales of rice cookers increased in Japan, the decline in overseas sales and lower profit from sluggish sales of stainless steel vacuum bottles in Japan and overseas reduced profit. In addition, lower margins resulting from higher costs of overseas-produced goods and other factors resulted in operating profit of ¥4,086 million, down 22.3% year on year.」
The filing cited sluggish sales of stainless steel vacuum bottles in Japan and overseas, as well as lower margins due to higher raw material and transportation costs, and operating profit fell 22.3% year on year. - FY2019-Q1WorsenedAnnual report
「Regarding profit, in addition to lower sales of stainless steel vacuum bottles in Japan and overseas, deteriorating margins due to higher raw material costs and other factors resulted in operating profit of ¥3,069 million, down 25.6% year on year.」
Lower sales of stainless steel vacuum bottles in Japan and overseas, combined with deteriorating margins due to higher raw material costs, caused operating profit to fall 25.6% year on year. - FY2018WorsenedAnnual report
「Regarding profit, the decline in gross margin resulting from lower margins on electrical products, including rice cookers, due to higher raw material costs and other factors, together with higher selling, general and administrative expenses resulting from increased advertising expenditure, resulted in operating profit of ¥6,253 million, down 20.1% from the previous consolidated fiscal year.」
Lower margins due to higher raw material costs and increased selling, general and administrative expenses, including advertising expenditure, caused operating profit to fall 20.1% year on year. - FY2018-Q3WorsenedAnnual report
「Regarding profit, in addition to the decline in sales and lower margins on rice cookers, higher selling, general and administrative expenses resulting from increased advertising expenditure resulted in operating profit of ¥5,198 million, down 14.2% year on year.」
The decline in sales, lower margins on rice cookers and higher selling, general and administrative expenses due to increased advertising expenditure combined to reduce operating profit by 14.2% year on year. - FY2018-Q2WorsenedAnnual report
「Regarding profit, the decline in sales, together with lower margins on rice cookers in Japan, resulted in operating profit of ¥5,259 million, down 14.9% year on year.」
The decline in sales and lower margins on rice cookers in Japan caused operating profit to fall 14.9% year on year. - FY2018-Q1WorsenedAnnual report
「Regarding profit, the broad-based decline in margins in Japan, centered on rice cookers, resulted in operating profit of ¥4,127 million, down 11.7% year on year.」
Margins declined in Japan, particularly on rice cookers, and operating profit fell 11.7% year on year. - FY2017WorsenedAnnual report
「Regarding profit, in addition to lower margins on rice cookers and stainless steel vacuum bottles, the decline in domestic sales had a significant impact, resulting in operating profit of ¥7,823 million, down 35.4% from the previous consolidated fiscal year.」
Lower margins on rice cookers and stainless steel vacuum bottles and the decline in domestic sales caused operating profit to deteriorate to ¥7,823 million, down 35.4% year on year. - FY2017-Q3WorsenedAnnual report
「Regarding profit, although the stronger yen reduced the cost of overseas-produced goods, the decline in domestic sales, together with lower margins on products such as rice cookers, resulted in operating profit of ¥6,059 million, down 38.0% year on year.」
The decline in domestic sales and lower margins on rice cookers and other products outweighed the cost-reduction effect of the stronger yen, and operating profit fell 38.0% year on year. - FY2017-Q2WorsenedAnnual report
「Regarding profit, although the stronger yen reduced the cost of overseas-produced goods, the decline in sales, together with lower margins on core products such as stainless steel vacuum bottles and rice cookers overseas, resulted in operating profit of ¥6,177 million, down 27.5% year on year.」
While the stronger yen reduced costs, the decline in sales and lower margins on core products overseas caused operating profit to fall 27.5% year on year. - FY2017-Q1WorsenedAnnual report
「Regarding profit, although the stronger yen reduced the cost of overseas-produced goods, the decline in sales, together with higher selling, general and administrative expenses resulting from increased advertising and sales promotion activities and amortization expenses associated with the renewal of information systems, resulted in operating profit of ¥4,675 million, down 19.4% year on year.」
The decline in sales and increase in selling, general and administrative expenses outweighed the cost-reduction effect of the stronger yen, and operating profit fell 19.4% year on year. - FY2016AdvancedAnnual report
「Regarding profit, despite the reduction in the cost of overseas-produced goods resulting from the stronger yen and improved profitability of stainless steel vacuum bottles and other products in Japan, operating profit was ¥12,109 million, up 19.1% from the previous consolidated fiscal year.」
Against a backdrop of lower costs for overseas-produced goods and improved profitability of stainless steel vacuum bottles and other products, operating profit was ¥12,109 million, up 19.1% year on year, described as a record high. - FY2016-Q3AdvancedAnnual report
「Regarding profit, in addition to higher sales and the reduction in the cost of overseas-produced goods resulting from the stronger yen, improved profitability of products such as stainless steel vacuum bottles in Japan and a higher overseas sales ratio resulted in operating profit of ¥9,768 million, up 23.6% year on year.」
Operating profit rose 23.6% year on year, driven by lower costs for overseas-produced goods, improved profitability of core products and a higher overseas sales ratio. - FY2016-Q2First statedAnnual report
「Regarding profit, in addition to higher sales, improved profitability of core products in Japan, including stainless steel vacuum bottles and rice cookers, and a higher overseas sales ratio resulted in operating profit of ¥8,515 million, up 28.0% year on year.」
The company cited improved profitability of core products and a higher overseas sales ratio as factors behind the increase in profit.