Second Structural Reform and Ongoing Cost Reduction
First written in FY2018. 2 of 4 entries say "Restated". Latest entry: FY2025.
Senshu Electric moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
11 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Eighth, to strengthen our earnings base, enhance competitiveness and achieve further growth, we will pursue structural reform covering procurement and logistics, human resources, product development and the promotion of DX, while implementing ongoing cost reductions.」
The wording has changed from the previous "second-phase structural reform" to explicitly state that the scope of structural reform covers procurement and logistics, human resources, product development and the promotion of DX. - FY2022RestatedAnnual report
「Eighth, to strengthen our earnings base, enhance competitiveness and achieve further growth, we will pursue second-phase structural reform covering procurement, logistics, human resources and product development, while implementing ongoing cost reductions.」
Continues to pursue second-phase structural reform and ongoing cost reductions. - FY2020RestatedAnnual report
「We will pursue second-phase structural reform covering procurement, logistics, human resources and product development, while implementing ongoing cost reductions.」
Continues to position second-phase structural reform and ongoing cost reductions as measures to strengthen the earnings base and competitiveness. - FY2018First statedAnnual report
「Eighth, to strengthen our earnings base, enhance competitiveness and achieve further growth, we will pursue second-phase structural reform covering procurement, logistics, human resources and product development, while implementing ongoing cost reductions.」
Positions second-phase structural reform covering procurement, logistics, human resources and product development, together with cost reductions, as measures to strengthen the earnings base and competitiveness.