Procurement Cost Stabilization and Expense Control
First written in FY2017-Q1. 14 of 38 entries say "Restated". Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1WorsenedAnnual report
「As a result, net sales in the Office Supplies and Other Businesses segment amounted to ¥4,619 million, down 1.0% year on year. Although the company worked to launch new products proactively and control expenses, operating income fell 68.5% year on year to ¥53 million due to higher production costs resulting from rising raw material prices and the weaker yen, as well as sales in the mail-order business falling short of expectations.」
Despite efforts to launch new products and control expenses, operating income in the Office Supplies and Other Businesses segment fell 68.5% year on year to ¥53 million due to higher production costs caused by rising raw material prices and the weaker yen, as well as the mail-order business falling short of its sales target. - FY2026AdvancedAnnual report
「As a result, sales in the office supplies and related business were ¥8,680 million, down 0.9% from the previous consolidated fiscal year. Profit, however, was ¥203 million, as efforts to benefit from strong sales of new products, revise prices and reduce production costs resulted in operating profit of ¥203 million, up 2.2%.」
Price revisions, lower production costs and higher sales of new products resulted in operating profit of ¥203 million in the office supplies and related business, up 2.2% from the previous consolidated fiscal year. - FY2026-H1AdvancedAnnual report
「As a result, sales in the office supplies and related business were ¥4,665 million, up 2.9% year on year. In terms of profit, higher sales of new products and the effects of product price revisions and other factors resulted in operating profit of ¥171 million, up 139.1% year on year.」
Higher sales of new products and the effects of price revisions resulted in operating profit of ¥171 million in the office supplies and related business, up 139.1% year on year. - FY2025AdvancedAnnual report
「Although difficult economic conditions continued, including higher import procurement costs resulting from the yen's depreciation, efforts to benefit from product price revisions and reduce production costs resulted in operating profit of ¥178 million, compared with an operating loss of ¥278 million in the previous consolidated fiscal year, and ordinary profit of ¥207 million, compared with an ordinary loss of ¥211 million」
Efforts to revise prices and reduce production costs caused operating profit and ordinary profit to turn from losses in the previous year to profits. - FY2025-H1AdvancedAnnual report
「In terms of profit, although difficult economic conditions continued, including persistently high raw material prices and the yen's depreciation, efforts to benefit from product price revisions and reduce production costs resulted in operating profit of ¥63 million, compared with an operating loss of ¥105 million in the previous interim consolidated period. Ordinary profit was ¥51 million, compared with an ordinary loss of ¥55 million, and interim net profit attributable to owners of the parent was ¥43 million, compared with an interim net loss attributable to owners of the parent of ¥3 million.」
Against the backdrop of product price revisions and lower production costs, operating profit, ordinary profit and interim net profit turned from losses in the previous period to profits. - FY2025-Q1AdvancedAnnual report
「In terms of profit, the effects of product price revisions and other factors resulted in operating profit of ¥74 million, compared with an operating loss of ¥23 million in the previous first-quarter cumulative consolidated period. Ordinary profit was ¥93 million, compared with an ordinary loss of ¥5 million in the previous first-quarter cumulative consolidated period, and net profit attributable to owners of the parent was ¥59 million, compared with a net loss attributable to owners of the parent of ¥7 million.」
Against the backdrop of the effects of product price revisions and other factors, operating profit turned from a loss of ¥23 million in the previous period to a profit of ¥74 million, while ordinary profit and net profit also turned profitable. - FY2024RestatedAnnual report
「To address these issues, the Sales Headquarters and Production Headquarters will work together to review prices toward appropriate selling prices. By operating and managing the Shizuoka Division, Purchasing Department, Design Place and LIHIT LAB. VIETNAM INC. as an integrated unit, the company will promote company-wide productivity improvements, optimization of the production balance and diversification of procurement channels, including overseas sources. At the same time, it will seek to improve the overall sales margin by strengthening sales of highly profitable new products.」
The company has continued to pursue higher profitability through pricing reviews, integrated operation of the production divisions, diversified procurement channels and stronger sales of highly profitable new products. - FY2024-Q3RestatedAnnual report
「Although the company passed higher costs on to selling prices and worked to reduce expenses, some purchase prices continued to rise, while the increase in import costs attributable to foreign exchange exceeded expectations」
The company stated that it passed costs on to selling prices and reduced expenses, while increases in purchase prices and import costs continued and did not result in profit improvement. - FY2024-Q2WorsenedAnnual report
「Although sales increased year on year, they fell short of expectations. In addition, persistently high raw material prices and higher import costs resulting from the yen's depreciation had a significant impact, resulting in an operating loss of ¥105 million, compared with an operating loss of ¥4 million in the previous second-quarter cumulative consolidated period」
Even with higher sales, persistently high raw material prices and higher import costs resulting from the yen's depreciation weighed on profit, widening the operating loss from the previous period. - FY2024-Q1WorsenedAnnual report
「In terms of profit, although sales increased, they fell short of the expected level. In addition, soaring raw material prices and higher import costs resulting from the yen's rapid depreciation resulted in an operating loss of ¥23 million, compared with operating profit of ¥82 million in the previous first-quarter cumulative consolidated period」
Although sales increased, they fell short of expectations, and soaring raw material prices and higher import costs resulting from the yen's depreciation caused operating profit to turn into a loss. - FY2023WorsenedAnnual report
「In terms of profit, in addition to lower sales, soaring raw material prices and higher import costs resulting from the yen's rapid depreciation had a significant impact, resulting in an operating loss of ¥153 million, compared with operating profit of ¥344 million in the previous consolidated fiscal year」
Soaring raw material prices and higher import costs, combined with lower sales, caused operating profit to turn from a profit of ¥344 million to a loss of ¥153 million. - FY2023-Q3WorsenedAnnual report
「In terms of profit, in addition to lower revenue, the surge in raw material prices and higher import costs accompanying the sharp depreciation of the yen resulted in an operating loss of ¥57 million, compared with operating income of ¥325 million for the cumulative third quarter of the previous consolidated fiscal year. Ordinary income was ¥54 million, down 85.6% year on year, and net income attributable to owners of the parent was ¥38 million, down 84.2%.」
Soaring raw material prices and higher import costs, combined with lower sales, caused operating profit to turn from ¥325 million in the previous period to an operating loss of ¥57 million. - FY2023-Q2WorsenedAnnual report
「In terms of profit, in addition to lower sales, soaring raw material prices and higher import costs resulting from the yen's rapid depreciation had a significant impact, resulting in an operating loss of ¥4 million, compared with operating profit of ¥276 million in the previous second-quarter cumulative consolidated period. Ordinary profit was ¥100 million, down 67.0% year on year, and net profit attributable to owners of the parent was ¥63 million, down 67.9%.」
Soaring raw material prices and higher import costs resulting from the yen's rapid depreciation were newly identified, with operating profit turning from ¥276 million in the previous period to an operating loss of ¥4 million, while ordinary profit and net profit also declined sharply. - FY2023-Q1WorsenedAnnual report
「In terms of profit, in addition to lower sales, soaring raw material prices and higher transportation costs resulted in operating profit of ¥82 million, down 68.3% year on year, ordinary profit of ¥143 million, down 49.4%, and net profit attributable to owners of the parent of ¥93 million, down 49.5%.」
Soaring raw material prices and higher transportation costs became apparent and, combined with lower sales, led to declines in operating profit, ordinary profit and net profit. - FY2022WorsenedAnnual report
「In terms of profit, although higher sales contributed to profit growth, increases in procurement costs such as raw materials resulted in operating profit of ¥344 million, down 31.0% from the previous consolidated fiscal year, ordinary profit of ¥407 million, down 19.2%, and net profit attributable to owners of the parent of ¥262 million, down 25.6%.」
Although higher sales contributed positively, increases in procurement costs such as raw materials became apparent in the full-year results as declines in operating profit, ordinary profit and net profit. - FY2022-Q3WorsenedAnnual report
「In terms of profit, although higher sales contributed to profit growth, increases in procurement costs such as raw materials resulted in operating profit of ¥325 million, down 15.9% year on year, ordinary profit of ¥376 million, unchanged at 0.0%, and net profit attributable to owners of the parent of ¥242 million, down 7.6%.」
Although higher sales contributed positively, increases in procurement costs such as raw materials caused operating profit and net profit to fall below the previous year's levels. - FY2022-Q2RestatedAnnual report
「In terms of profit, in addition to the effect of higher sales, stronger sales of highly profitable new products and improved profit margins resulting from cost-cutting efforts resulted in operating profit of ¥276 million, up 7.4% year on year, ordinary profit of ¥305 million, up 23.8%, and net profit attributable to owners of the parent of ¥198 million, up 14.5%.」
The company continued to report stronger sales of highly profitable new products and improved profit margins from cost reductions, and reported increases in operating profit and other measures. - FY2022-Q1RestatedAnnual report
「In terms of profit, in addition to the effect of higher sales, stronger sales of highly profitable new products and improved profit margins resulting from cost-cutting efforts resulted in operating profit of ¥259 million, up 23.6% year on year, ordinary profit of ¥283 million, up 40.9%, and net profit attributable to owners of the parent of ¥184 million, up 22.5%.」
The company continued to report stronger sales of highly profitable new products and improved profit margins from cost reductions, and reported increases in operating profit and other measures. - FY2021RestatedAnnual report
「Although profit was significantly affected by the decline in sales, operating expenses decreased as society broadly curtailed activities during the COVID-19 pandemic. Together with efforts to improve profit margins and reduce expenses, this resulted in operating profit of ¥499 million, up 1.3% from the previous consolidated fiscal year, ordinary profit of ¥504 million, up 2.3%, and net profit attributable to owners of the parent of ¥352 million, up 4.6%.」
The company stated that, despite lower sales, it continued to focus on improving profit margins and reducing expenses, and operating profit and other measures exceeded the previous year's levels. - FY2021-Q3RestatedAnnual report
「In terms of profit, although the impact of lower sales was significant, efforts focused on improving profit margins and reducing expenses resulted in operating profit of ¥386 million, up 6.1% year on year, ordinary profit of ¥376 million, up 3.8%, and net profit attributable to owners of the parent of ¥262 million, up 11.1%.」
Despite the impact of lower sales, the company continued to focus on improving profit margins and reducing expenses, and operating profit, ordinary profit and net profit exceeded the previous year's levels. - FY2021-Q2RestatedAnnual report
「In terms of profit, although the impact of lower sales was significant, efforts focused on improving profit margins and reducing expenses resulted in operating profit of ¥257 million, down 3.1% year on year, ordinary profit of ¥247 million, up 1.0%, and net profit attributable to owners of the parent of ¥173 million, up 6.3%.」
Despite the impact of lower sales, the company continued to focus on improving profit margins and reducing expenses, limiting the decline in operating profit while ordinary profit and net profit exceeded the previous year's levels. - FY2021-Q1WorsenedAnnual report
「In terms of profit, in addition to lower sales, higher purchase prices for raw materials and outsourced products resulted in operating profit of ¥210 million, down 19.0% year on year, ordinary profit of ¥201 million, down 20.9%, and net profit attributable to owners of the parent of ¥150 million, down 19.1%.」
Lower sales combined with higher purchase prices for raw materials and outsourced products, resulting in year-on-year declines in operating profit, ordinary profit and quarterly net profit. - FY2020WorsenedAnnual report
「In terms of profit, in addition to lower sales, higher purchase prices for raw materials and outsourced products resulted in operating profit of ¥493 million, down 29.9% from the previous consolidated fiscal year, ordinary profit of ¥493 million, down 33.3%, and net profit attributable to owners of the parent of ¥337 million, down 28.0%.」
Lower sales combined with higher purchase prices for raw materials and outsourced products, causing operating profit, ordinary profit and net profit for the year to fall below the previous year's levels. - FY2020-Q3WorsenedAnnual report
「In terms of profit, in addition to lower sales, higher purchase prices for raw materials and outsourced products resulted in operating profit of ¥364 million, down 32.8% year on year, ordinary profit of ¥362 million, down 39.1%, and net profit attributable to owners of the parent of ¥236 million, down 36.2%.」
Lower sales combined with higher purchase prices for raw materials and outsourced products, resulting in year-on-year declines in operating profit, ordinary profit and net profit. - FY2020-Q2WorsenedAnnual report
「In terms of profit, in addition to lower sales, higher purchase prices for raw materials and outsourced products resulted in operating profit of ¥265 million, down 26.5% year on year, ordinary profit of ¥244 million, down 37.6%, and net profit attributable to owners of the parent of ¥162 million, down 30.0%.」
Lower sales, combined with higher purchase prices for raw materials and outsourced products, led to year-on-year declines in operating profit, ordinary profit and net profit. - FY2020-Q1RestatedAnnual report
「Purchase prices for raw materials and outsourced products rose, while expenses such as transportation and personnel costs increased, but profit margins improved through stronger sales of highly profitable new products and cost-cutting efforts」
The company stated that purchase prices, transportation costs and personnel expenses continued to rise, while profit margins improved through stronger sales of highly profitable new products and cost reductions. - FY2019-Q3RestatedAnnual report
「In terms of profit, although the purchase prices of raw materials and outsourced products increased and expenses such as transportation costs rose, operating profit was ¥542 million, up 5.3% year on year, ordinary profit was ¥595 million, up 13.4%, and net profit attributable to owners of the parent was ¥370 million, up 53.6%.」
Although higher purchase prices for raw materials and outsourced products and increased expenses such as transportation costs continued, operating profit and other measures exceeded the previous year's levels. The disclosure describes existing cost pressures and contains no specific new initiatives. - FY2019-Q2RestatedAnnual report
「In terms of profit, increases in the purchase prices of raw materials and outsourced products, together with higher expenses such as transportation costs, resulted in operating profit of ¥361 million, down 3.3% year on year, ordinary profit of ¥392 million, up 6.2%, and net profit attributable to owners of the parent of ¥232 million, up 57.0%.」
Higher purchase prices for raw materials and outsourced products, together with increased costs such as transportation expenses, continued to weigh on operating profit. Ordinary profit and net profit, however, exceeded the previous year's levels. - FY2019-Q1WorsenedAnnual report
「In terms of profit, increases in the purchase prices of raw materials and outsourced products, together with higher expenses such as transportation costs, resulted in operating profit of ¥256 million, down 19.1% year on year, ordinary profit of ¥266 million, down 14.9%, and net profit attributable to owners of the parent of ¥146 million, down 31.9%.」
Higher purchase prices for raw materials and outsourced products, together with increased costs such as transportation expenses, became apparent and caused profit to decline year on year. - FY2018AdvancedAnnual report
「In terms of profit, the cost ratio of products improved as the sales mix shifted toward highly profitable new products and the yen strengthened, while efforts to reduce expenses and lower outsourcing prices also contributed. Operating profit was ¥673 million, up 77.4% from the previous consolidated fiscal year, ordinary profit was ¥653 million, up 88.1%, and net profit attributable to owners of the parent was ¥312 million, up 48.1%.」
The company cited the higher proportion of highly profitable products, expense reductions and lower outsourcing prices, and reported full-year operating profit of ¥673 million and other results. - FY2018-Q3RestatedAnnual report
「In terms of profit, in the office supplies and related business, sales growth of highly profitable new products, lower product procurement prices and reduced expenses resulted in operating profit of ¥515 million, up 93.5% year on year, ordinary profit of ¥525 million, up 126.8%, and net profit attributable to owners of the parent of ¥241 million, up 59.1%.」
The company continued to identify highly profitable new products, lower procurement prices and reduced expenses as factors behind profit improvement. - FY2018-Q2RestatedAnnual report
「In terms of profit, in the office supplies and related business, sales growth of highly profitable new products, lower product procurement prices and reduced expenses resulted in operating profit of ¥373 million, up 69.8% year on year, ordinary profit of ¥368 million, up 135.0%, and net profit attributable to owners of the parent of ¥148 million, up 39.9%.」
The company continued to cite new products, lower procurement prices and reduced expenses as factors behind profit improvement, and reported operating profit and other results. - FY2018-Q1RestatedAnnual report
「In terms of profit, in the office supplies and related business, sales growth of highly profitable new products, lower product procurement prices and reduced expenses resulted in operating profit of ¥317 million, up 73.1% year on year, ordinary profit of ¥313 million, up 91.8%, and net profit attributable to owners of the parent of ¥215 million, up 79.7%.」
The company continued to identify highly profitable new products, lower product procurement prices and reduced expenses as factors behind profit improvement, and reported operating profit of ¥317 million and other results. - FY2017-Q3RestatedAnnual report
「In terms of profit, in addition to efforts to lower product procurement prices and control expenses, the product cost ratio improved as the yen strengthened from the beginning of the period. As a result, operating profit was ¥266 million, compared with an operating loss of ¥48 million in the previous third-quarter cumulative consolidated period, ordinary profit was ¥231 million, up ¥226 million year on year, and net profit attributable to owners of the parent was ¥151 million, up ¥150 million year on year.」
The company identified lower product procurement prices, expense controls and improved cost ratios as ongoing factors behind profit improvement, and reported cumulative operating profit of ¥266 million and other results. - FY2017-Q2AdvancedAnnual report
「In addition to efforts to lower procurement prices through the expansion of new products, the increasing acceptance of price increases and a review of procurement channels, the cost ratio of the office supplies and related business improved as the yen strengthened more than expected from the beginning of the period. Together with expense controls, this resulted in operating profit of ¥220 million, compared with an operating loss of ¥22 million in the previous second-quarter cumulative consolidated period.」
The company cited specific measures including a review of procurement channels, the increasing acceptance of price increases and expense controls, and reported improvements in procurement prices and the cost ratio, as well as operating profit of ¥220 million. - FY2017-Q1First statedAnnual report
「In terms of profit, stabilisation of product procurement costs in the office supplies and other businesses, due in part to the yen appreciating against the relevant currencies from the beginning of the fiscal year, and expense control resulted in operating income of ¥183 million, up 172.3% year on year, ordinary income of ¥163 million, up 44.6%, and quarterly net income attributable to owners of the parent of ¥119 million, up 49.6%.」
It identifies the stabilisation of procurement costs and expense control as factors improving profit, and also gives the profit figures for the quarter under review.