Improving profitability through pricing adjustments and reviews
First written in FY2020-Q3. 6 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2022.
8 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「Operating profit increased substantially year on year due to revisions to certain fees received and the work structure, as well as further expense reductions resulting from more efficient administrative processing.」
Expense reductions from reviewing some fees collected and work processes and improving the efficiency of administrative processing resulted in operating income of ¥325.673 million, up 225.4% from the previous period, demonstrating the full-year effect of improved profitability. - FY2022-Q3AdvancedAnnual report
「Operating income increased significantly year on year as a result of reviewing some fees collected and work processes and achieving further expense reductions through more efficient administrative processing. As a result, operating income for the cumulative third-quarter period was ¥291.028 million, an increase of ¥176.521 million, or 154.2%, from the same cumulative period of the previous year.」
Expense reductions from reviewing some fees collected and work processes and improving the efficiency of administrative processing resulted in operating income of ¥291.028 million, up 154.2% year on year, demonstrating the effect of reviewing pricing and work processes to improve profitability. - FY2022-Q2AdvancedAnnual report
「Operating profit increased substantially year on year due to revisions to certain fees received and the work structure, as well as further expense reductions resulting from more efficient administrative processing.」
Some fees collected and work processes were reviewed, and operating income increased 282.8% year on year, together with additional expense reductions from more efficient administrative processing. The effect of reviewing pricing and work processes to improve profitability is evident. - FY2021AdvancedAnnual report
「Segment profit is showing signs of recovery due to a review of rates. As a result, operating revenue was ¥232.426 million, down ¥10.022 million, or 4.1%, from the previous fiscal year, accounting for 3.1% of total segment revenue. Segment profit (operating profit) was ¥11.013 million, an increase of ¥5.440 million, or 97.6%, from the previous fiscal year.」
Through the pricing review, segment profit in the motor transport business increased 97.6% from the previous period to ¥11.013 million, demonstrating the effect of the pricing adjustment measures in the full-year figures. - FY2021-Q1AdvancedAnnual report
「This was due to the containment of various costs and a decrease in the cost ratio resulting from passing costs through to prices, among other factors.」
The pass-through of prices reduced the cost ratio, and company-wide operating income turned from an operating loss of ¥23.867 million in the same quarter of the previous year to a profit of ¥19.557 million. The effect of improving profitability through pricing adjustments and reviews was also reflected in the figures for the current quarter. - FY2020AdvancedAnnual report
「Segment profit is showing signs of recovery due to a review of rates. As a result, operating revenue was ¥242.448 million, up ¥9.097 million, or 3.9%, from the previous fiscal year, accounting for 3.3% of total segment revenue. Segment profit (operating profit) was ¥5.572 million, an increase of ¥41.398 million from the previous fiscal year.」
Through the pricing review, segment profit in the motor transport business turned from a loss in the previous period to a profit of ¥5.572 million, demonstrating the effect of the pricing adjustment measures in the full-year figures. - FY2020-Q3First statedAnnual report
「Although operating revenue remained firm following the adjustment of prices to appropriate levels, operating income decreased year on year due to higher costs, including increased outsourcing expenses. In this segment, segment profit is recovering as a result of the pricing review.」
At the company-wide level, the adjustment of prices to appropriate levels supported firm operating revenue, while in the motor transport business, the pricing review is described as a means of restoring segment profit.