Pursuing low-cost operations and cost competitiveness
First written in FY2016. 11 of 26 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2027-H1.
The whole theme swung hardest in 2024: 1 of 8 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「The Company worked to improve management efficiency by further strengthening inventory flow management and making capital investments in logistics aimed at reducing labor requirements.」
The Company strengthened inventory flow management and made logistics equipment investments aimed at reducing labor requirements, putting specific cost and efficiency measures in place. Meanwhile, manufacturing costs remained high. - FY2026Efficiency improvements and persistently high manufacturing costs coexistedAnnual report
「The Company also strengthened inventory flow management and pursued logistics efficiency, including capital investment aimed at reducing labor requirements. Manufacturing costs remained high, and difficult conditions continued.」
While inventory management, labor-saving investment and logistics efficiency initiatives advanced, manufacturing costs remained high due to soaring raw material prices and the weaker yen. - 2026-05-14WorsenedRevisions to earnings forecasts
「Meanwhile, in the manufacturing segment, manufacturing costs have remained high and conditions have continued to be challenging due to persistently high raw-material prices and the continued depreciation of the yen against the US dollar.」
原材料価格高騰と対米ドル円安の継続により、製造原価の高止まりが続いている。 - FY2025AdvancedAnnual report
「The Company brought operations at the expanded and relocated Kansai Logistics Center onto a stable footing and took steps to reduce logistics costs.」
Operations at the Kansai Logistics Center were brought onto a stable footing, and measures to reduce logistics costs were advanced. - FY2025-H1RestatedAnnual report
「The operating environment for the Manufacturing segment remained uncertain due to higher manufacturing costs resulting from rising raw material prices and the impact of the US dollar-yen exchange rate.」
Manufacturing costs continued to rise due to higher raw material prices and the impact of the US dollar-yen exchange rate. - FY2024WorsenedAnnual report
「However, the Manufacturing segment remained in a difficult environment due to soaring raw material prices, the yen's continued depreciation and other factors, and profit declined as a result of higher manufacturing costs and increased expenses for sales promotion activities.」
Soaring raw material prices, the yen's continued depreciation, higher manufacturing costs and increased sales promotion expenses resulted in lower profit in the Manufacturing segment. - FY2024-Q3WorsenedAnnual report
「Operating income declined as manufacturing costs rose in the Manufacturing segment due to higher raw material prices, the yen's further depreciation against the US dollar and other factors, while SG&A expenses also increased following the relocation of logistics facilities in Kansai and other factors, in addition to the decline in the gross profit margin.」
The pressure on costs from higher raw material prices, the weaker yen, the decline in the gross profit margin and higher SG&A expenses associated with the relocation of logistics facilities resulted in lower profit. - FY2024-Q2WorsenedAnnual report
「Operating income increased slightly as higher revenue more than offset the decline in the gross profit margin and the increase in SG&A expenses resulting from the relocation of logistics facilities in Kansai and other factors. Manufacturing costs rose in the Manufacturing segment due to higher raw material prices, the yen's further depreciation against the US dollar and other factors.」
Higher raw material prices, the weaker yen, the decline in the gross profit margin and higher SG&A expenses associated with the relocation of logistics facilities all occurred concurrently, continuing to put pressure on costs. - FY2024-Q1Gross profit margin declined while SG&A expenses increasedAnnual report
「Despite higher revenue, operating income declined as the gross profit margin decreased and SG&A expenses increased.」
Unlike the previous disclosures, which cited lower SG&A expenses and a reduced expense ratio, this time the decline in the gross profit margin and increase in SG&A expenses were cited as factors behind the decline in profit. - FY2023-Q3Gross profit margin declined while SG&A expenses decreasedAnnual report
「Operating income increased substantially. Although the depreciation of the yen against the US dollar had eased, manufacturing costs continued to rise due to higher purchase prices from suppliers and higher raw material prices in the Manufacturing segment, while the increase could not be passed on to selling prices, resulting in a decline in the gross profit margin. Meanwhile, in addition to the increase in gross profit from higher revenue, SG&A expenses decreased because the provision for doubtful accounts related to concerns over the recoverability of amounts due from customers fell substantially year on year, resulting in a significant increase in operating income.」
The gross profit margin declined due to higher purchase and raw material prices, while SG&A expenses decreased because of the decline in the provision for doubtful accounts and other factors, resulting in a substantial increase in profit. - FY2022AdvancedAnnual report
「Regarding structural reform, including 1. improving profit margins, 2. improving management productivity and 3. logistics reform, profit margins improved through lower sales losses and stricter procurement and inventory management. Expenses increased due to variable costs associated with higher sales and increased staffing following the acquisition of a business from ベンゼネラル株式会社, but the expense ratio was reduced.」
It states that profit margins improved through lower sales losses and stricter procurement and inventory management, while the expense ratio was also reduced. - FY2022-Q2RestatedAnnual report
「The company will expand earnings by reducing the fixed-cost ratio and strengthen its operating base and standardize procurement. In addition, it will improve procurement accuracy to reduce sales losses and inventory write-downs and cut expenses such as logistics costs, while taking every possible measure.」
It continues measures to improve profitability by reducing the fixed-cost ratio, standardizing procurement, improving procurement accuracy and cutting expenses such as logistics costs. - FY2021AdvancedAnnual report
「Regarding structural reform, including 1. improving profit margins, 2. improving management productivity and 3. logistics reform, the impact of COVID-19 was so significant that verifying the overall effects was difficult, but the company achieved results in reducing expenses.」
It states that the impact of the infection made it difficult to verify the overall effects of the measures, while expense reductions produced results. - FY2021-Q2RestatedAnnual report
「Although the company worked to reduce selling, general and administrative expenses, profit declined substantially.」
The company continues to reduce selling, general and administrative expenses, but profit declined substantially in the cumulative second quarter. - FY2020-Q2AdvancedAnnual report
「Revenue increased as baseball and softball equipment continued to perform steadily. Although selling, general and administrative expenses increased due to improved gross profit margins, profit also increased.」
It states that the improvement in the gross profit margin contributed to higher profit, indicating progress in cost and profitability improvements. - FY2019AdvancedAnnual report
「Revenue increased as baseball and softball equipment continued to perform steadily and the number of brands handled increased following the acquisition of a business from シウラスポーツ用品株式会社, among other factors. Profit also increased as the company worked to reduce selling, general and administrative expenses.」
It states that efforts to reduce selling, general and administrative expenses, among other factors, contributed to higher profit, demonstrating cost improvements alongside actual results. - FY2019-Q2AdvancedAnnual report
「Cost improvements also progressed smoothly.」
It states that cost improvements progressed smoothly, indicating progress in initiatives related to low-cost operations. - FY2019-Q1AdvancedAnnual report
「Baseball and softball equipment, including the general-use rubber-ball FRP bat “Black Cannon Z II” and custom gloves, as well as items such as helmets and spikes, continued to perform steadily, and cost improvements also progressed smoothly.」
It states that cost improvements progressed smoothly, indicating progress in initiatives related to low-cost operations. - FY2018AdvancedAnnual report
「Revenue declined due to factors including changes in distribution channels for some products, but profit increased as the company worked to reduce manufacturing costs and selling, general and administrative expenses.」
It states that lower manufacturing costs and selling, general and administrative expenses led to higher profit. - FY2018-Q2AdvancedAnnual report
「In baseball and softball equipment, sublimation-printed uniforms and items such as gloves and spikes received favorable reviews, while cost improvements also contributed to steady performance.」
It states that cost improvements contributed to the steady performance of the product business. - FY2018-Q1AdvancedAnnual report
「Orders received for baseball and softball equipment at trade shows performed steadily and received favorable reviews, while cost improvements also progressed smoothly.」
It states that cost improvements progressed smoothly, indicating progress in initiatives related to low-cost operations. - FY2017RestatedAnnual report
「During the consolidated fiscal year, the company pursued initiatives under the theme “Win with SPORTS＆LIFESTYLE: Winning through sports and lifestyle.” As a result, revenue increased 4.4% year on year, enabling the company to achieve its plan. Profitability also improved, partly because the company worked to reduce costs and expenses.」
It states that continued cost and expense reductions contributed to improved profitability. - FY2017-Q3RestatedAnnual report
「The Manufacturing Division worked to reduce costs, strengthen product planning and development capabilities, and improve quality.」
It continues initiatives for low-cost operations, including cost reductions. - FY2017-Q2RestatedAnnual report
「The Manufacturing Division worked to reduce the cost ratio, strengthen product planning and development capabilities, and improve quality.」
It continues initiatives for low-cost operations, including reducing the cost ratio. - FY2017-Q1RestatedAnnual report
「The Manufacturing Division worked to reduce the cost ratio, strengthen product planning and development capabilities, and improve quality.」
It reiterates the reduction of the cost ratio as an ongoing initiative. - FY2016First statedAnnual report
「3. Pursuing low-cost operations (cost competitiveness)」
It explicitly identifies cost competitiveness as one of its basic policies.