Containing Increases in Steel Prices
First written in FY2016. 13 of 18 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2025.
2 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「At the same time, we are actively transferring inventory among our head office, branches, and plants to limit purchases of new materials. When necessary, we are also considering using overseas group companies, including Thai Maruken Co., Ltd. and Ruima Maruken (Anhui) Engineering Support Technology Co., Ltd., to purchase used steel and procure some processed steel materials, such as earth-retaining materials and road decking plates, while working to secure a broad range of procurement sources.」
In addition to strengthening relationships with existing suppliers and using used materials, the company has specified inventory transfers among its head office, branches, and plants, limits on purchases of new materials, and the use of overseas group companies for procurement. - FY2025-H1AdvancedAnnual report
「Domestic performance was broadly in line with the plan due to progress on projects and improved cost efficiency. Revenue increased ¥803 million, or 10.8%, year on year to ¥8,234 million, and segment profit increased ¥167 million, or 22.6%, to ¥907 million.」
Segment profit in the heavy temporary works business increased 22.6% year on year as a result of improved cost efficiency. The response to the high-cost environment is shown as a factor in the improvement in profit. - FY2024AdvancedAnnual report
「When necessary, we are also considering using overseas group companies, including Thai Maruken Co., Ltd. and Ruima Maruken (Anhui) Engineering Support Technology Co., Ltd., to purchase used steel and procure some processed steel materials, such as earth-retaining materials and road decking plates, while working to secure a broad range of procurement sources.」
In addition to strengthening relationships with existing manufacturers and trading companies and making efficient purchases, the use of overseas group companies as procurement sources for processed steel materials has been specified as a measure. - FY2024-Q3AdvancedAnnual report
「① Heavy temporary works business: Despite a challenging order environment, continued efforts to improve profitability resulted in revenue of ¥11,937 million, up ¥914 million, or 8.3%, year on year, and segment profit of ¥1,427 million, up ¥40 million, or 2.9%.」
Amid continued challenging order conditions and high costs, segment profit in the heavy temporary works business increased 2.9% year on year as a result of efforts to improve profitability. - FY2024-Q1AdvancedAnnual report
「Although revenue was ¥685 million, down ¥26 million, or 3.7%, due to delays in the progress of some construction projects, segment profit was ¥29 million, up ¥3 million, or 14.9%, as a result of lower construction costs.」
In the heavy temporary works business, segment profit increased 14.9% year on year despite lower revenue, owing to reductions in construction costs. - FY2023AdvancedAnnual report
「We will continue to promote a rental-focused management policy and work to contain increases in costs through measures including efficient purchasing in response to trends in construction demand.」
In addition to strengthening supplier relationships and using used materials and overseas group companies, measures to contain cost increases are being specified through improvements and optimization of rental and sales prices for customers. - FY2023-Q3AdvancedAnnual report
「Despite a challenging order environment, the company continued to work to improve profitability, and progress was made on delayed projects. Revenue increased ¥276 million, or 2.6%, year on year to ¥11,022 million, and segment profit increased ¥126 million, or 10.0%, to ¥1,387 million.」
Profitability improvements continued in the heavy temporary works business, and segment profit increased 10.0% year on year. - FY2023-Q1AdvancedAnnual report
「As a result of efforts to improve the rental operating volume and profitability of heavy temporary works steel, revenue increased ¥17 million, or 0.5%, year on year to ¥3,274 million, and segment profit increased ¥31 million, or 8.5%, to ¥401 million.」
As a result of improving rental utilization and managing costs and earnings through profitability improvements, segment profit in the heavy temporary works business increased 8.5% year on year. - FY2022AdvancedAnnual report
「We will strengthen our relationships with manufacturers, trading companies, and other suppliers to ensure stable purchases of heavy temporary construction steel, while also considering purchases of used steel when necessary and exploring the use of overseas group companies, including Thai Maruken Co., Ltd., to procure processed steel materials such as earth-retaining materials and road decking plates.」
In addition to strengthening relationships with existing suppliers and making efficient purchases, the use of used steel and overseas group companies to procure processed steel materials has been specified as a measure. - FY2022-Q3AdvancedAnnual report
「Rental operating volume and sales volume for heavy temporary works steel declined year on year, resulting in revenue of ¥10,745 million, down ¥1,325 million, or 11.0%, from the same period of the previous year. However, as a result of continued efforts to reduce costs and improve profitability, segment profit increased ¥138 million, or 12.4%, to ¥1,260 million.」
Segment profit in the heavy temporary works business increased 12.4% year on year as a result of efforts to reduce costs and improve profitability. - FY2022-Q2AdvancedAnnual report
「Rental operating volume and sales volume for heavy temporary works steel declined year on year, resulting in revenue of ¥6,587 million, down ¥683 million, or 9.4%, from the same period of the previous year. However, as a result of continued efforts to reduce costs and improve profitability, segment profit increased ¥227 million, or 39.8%, to ¥798 million.」
Amid higher costs, including steel prices, cost reductions and profitability improvements were pursued, and segment profit in the heavy temporary works business increased 39.8% year on year. - FY2022-Q1AdvancedAnnual report
「Rental operating volume and sales volume for heavy temporary works steel declined year on year, resulting in revenue of ¥3,256 million, down ¥563 million, or 14.7%, from the same period of the previous year. However, as a result of efforts to reduce costs and improve profitability, segment profit increased ¥57 million, or 18.3%, to ¥369 million.」
Cost reductions and profitability improvements were implemented, and segment profit in the heavy temporary works business increased 18.3% year on year. The response to higher costs, including steel prices, was disclosed as a factor in the improvement in profit. - FY2021-Q1AdvancedAnnual report
「Rental operating volume and sales volume declined slightly year on year, resulting in revenue of ¥3,819 million, down ¥64 million, or 1.6%, from the same period of the previous year. However, as a result of efforts to reduce costs and improve profitability, segment profit increased ¥101 million, or 48.3%, to ¥312 million.」
As a result of pursuing cost reductions and improving profitability in the heavy temporary works business, segment profit increased 48.3% year on year. Measures to address higher costs, including steel prices and freight costs, are also described alongside the performance figures. - FY2020RestatedAnnual report
「We will strengthen our relationships with blast-furnace steelmakers and other suppliers to ensure stable purchases of heavy temporary works steel, while also considering purchases of used steel when necessary. We will continue to pursue a management policy focused on rentals, determine appropriate inventories by product type in response to construction demand trends and other factors, and make efficient purchases.」
Measures to contain cost increases through stronger supplier relationships, a focus on rentals, appropriate inventories, and efficient purchasing are continuing, and purchases of used steel are also under consideration. - FY2020-Q2ReframedAnnual report
「At the same time, cost increases caused by higher steel prices and freight costs, as well as labor shortages and an aging workforce resulting from the declining birthrate, population aging, and increased labor mobility, are becoming more serious, making it necessary to strengthen cost controls while transforming the workplace into one where it is easier to work.」
The focus has been reorganized from the previous measures to contain costs through stronger supplier relationships, appropriate inventories, and efficient purchasing toward simultaneously strengthening cost controls and transforming the workplace into one where it is easier to work. - FY2018RestatedAnnual report
「We will strengthen our relationships with blast-furnace steelmakers and other suppliers, from which we purchase materials. We are also continuing to pursue a management policy focused on rentals and working to contain cost increases through measures including determining appropriate inventories by product type in response to changes in the business environment and making efficient purchases.」
Measures to contain cost increases through stronger supplier relationships, a focus on rentals, appropriate inventories, and efficient purchasing are continuing. - FY2017RestatedAnnual report
「We will strengthen our relationships with blast-furnace steelmakers and other suppliers, from which we purchase materials. We are also continuing to pursue a management policy focused on rentals and working to contain cost increases through measures including determining appropriate inventories by product type in response to changes in the business environment and making efficient purchases.」
Measures to contain cost increases through stronger supplier relationships, a focus on rentals, appropriate inventories by product type, and efficient purchasing are continuing. - FY2016First statedAnnual report
「While closely monitoring steel price trends, we will strengthen our relationships with blast-furnace steelmakers and other suppliers. We are also continuing to pursue a management policy focused on rentals and working to contain cost increases through measures including determining appropriate inventories by product type in response to changes in the business environment and making efficient purchases.」
Measures include strengthening relationships with suppliers, focusing on rentals, determining appropriate inventories by product type, and making efficient purchases.