Improved production efficiency in the food processing business
First written in FY2017-Q3. 1 of 3 entries say "Advanced", first in FY2017. Latest entry: FY2018-Q1.
- FY2018-Q1DroppedAnnual report
「The food processing business, which processes seafood at food processing centers near points of consumption and produces rice-based products such as onigiri for mass retailers, reported revenue of ¥1,131 million, or 90.3% of the same quarter of the previous year, and a segment loss of ¥14 million, compared with a segment loss of ¥7 million in the same quarter of the previous year, due to higher raw material prices and other factors.」
The previous references to improved and enhanced production efficiency have been removed, while a segment loss attributable to higher raw material prices is reported. - FY2017AdvancedAnnual report
「The food processing business generated revenue of ¥4,831 million, or 99.2% year on year, and recorded a segment loss of ¥4 million, compared with a segment loss of ¥90 million in the same period of the previous year, despite higher raw material prices, due to improved production efficiency.」
Improved production efficiency narrowed the segment loss in the food processing business from ¥90 million in the previous year to ¥4 million. - FY2017-Q3First statedAnnual report
「Segment profit was ¥10 million, compared with a segment loss of ¥70 million in the same quarter of the previous year, owing to higher revenue and improved production efficiency.」
The company disclosed for the first time, as an independent measure to improve profitability in the food processing business, that improved production efficiency had turned the previous year's segment loss of ¥70 million into a profit of ¥10 million.