A Shift from Quantity to Quality and Value-Added Sales
First written in FY2016. 25 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-08.
Eiwa moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
5 other companies' latest entry also says "Cited as achieved".
- FY2026AdvancedAnnual report
「Profitability also improved as a result of promoting high-value-added sales, including the priority strategy of "selling solutions rather than products." As a result, the Company recorded higher revenue and profits, with gross profit of ¥8,699 million, up 6.3% year on year, operating profit of ¥2,975 million, up 6.8%, ordinary profit of ¥3,044 million, up 6.7%, and net profit attributable to owners of the parent of ¥2,070 million, up 5.9%.」
The company continued to promote high-value-added sales, including “solution sales,” and reported annual increases in gross profit, operating profit, ordinary profit and net profit from the previous fiscal year. - FY2025AdvancedAnnual report
「As a result of strengthening high-value-added sales, including “solution sales,” a key strategy, profitability improved, resulting in higher revenue and profit, with gross profit of ¥8,185 million (up 9.2% year on year), operating profit of ¥2,786 million (up 19.8%), and ordinary profit of ¥2,853 million (up 17.9%)…」
The company reported annual increases in gross profit, operating profit and ordinary profit from the previous fiscal year as a result of strengthening high-value-added sales, including “solution sales.” - FY2025-H1AdvancedAnnual report
「As a result of strengthening high-value-added sales, a key strategy, profitability improved. Gross profit was ¥3,560 million (up 8.4% year on year), operating profit was ¥1,087 million (up 21.7%), and ordinary profit was ¥1,118 million (up 18.3%). In addition, a ¥125 million relocation compensation payment was recorded as extraordinary income, resulting in interim net profit attributable to owners of the parent of ¥829 million (up 32.5%).」
The company attributed improved profitability to stronger high-value-added sales and reported interim results of gross profit up 8.4%, operating profit up 21.7%, ordinary profit up 18.3%, and interim net profit attributable to owners of the parent up 32.5%. - FY2024-Q3AdvancedAnnual report
「As a result of strengthening high-value-added sales, including solutions that address customer issues, profitability improved. Gross profit was ¥5,215 million (up 17.6% year on year), operating profit was ¥1,579 million (up 75.8%), ordinary profit was ¥1,655 million (up 73.4%), and net profit attributable to owners of the parent was ¥1,098 million (up 78.2%).」
The company continued to strengthen solutions that address customer issues and high-value-added sales, reporting year-on-year increases in gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent for the nine months ended the third quarter as results of improved profitability. - FY2024-Q2AdvancedAnnual report
「In addition to strengthening high-value-added sales, including solutions that address customer issues, selling, general and administrative expenses remained below expectations. As a result, profitability improved, with gross profit of ¥3,283 million (up 17.5% year on year), operating profit of ¥893 million (up 98.2%), ordinary profit of ¥945 million (up 94.8%), and net profit attributable to owners of the parent of ¥626 million (up 110.5%).」
The company continued to strengthen high-value-added sales, including solutions, and gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent increased year on year for the six months ended the second quarter. - FY2024-Q1AdvancedAnnual report
「In addition, as a result of addressing the shift from selling products to selling solutions and strengthening high-value-added sales, profitability improved. Gross profit was ¥1,528 million (up 19.9% year on year), operating profit was ¥365 million (up 430.5%), ordinary profit was ¥397 million (up 327.1%), and net profit attributable to owners of the parent was ¥263 million (up 520.7%).」
The company reported year-on-year increases in first-quarter gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent as a result of addressing the shift from selling products to selling solutions and strengthening high-value-added sales. - FY2023-Q3AdvancedAnnual report
「As a result, sales remained steady after the company captured replacement demand associated with scheduled maintenance and investment demand to promote digitalization among the chemical, construction and plant, and electric power industries. Sales to the manufacturing machinery and electrical equipment industries and the shipbuilding industry also increased. Revenue for the nine months ended the third quarter was ¥27,342 million (up 8.3% year on year), gross profit was ¥4,434 million (up 9.0%), operating profit was ¥898 million (up 19.1%), ordinary profit was ¥954 million (up 20.2%), and net profit attributable to owners of the parent was ¥616 million (up 22.2%).」
For the nine months ended the third quarter, revenue, gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. - FY2023-Q2AdvancedAnnual report
「As a result, customers continued to place orders ahead of schedule in anticipation of longer product lead times, and orders from the social infrastructure market and private-sector customers remained steady. In addition, replacement demand associated with scheduled maintenance in complex areas and sales of equipment accompanying the introduction of digital technologies remained strong among chemical and construction and plant industries. Sales to the manufacturing machinery and electrical equipment industries and the shipbuilding industry also increased against a backdrop of high production equipment utilization in some industries. Revenue for the six months ended the second quarter was ¥17,399 million (up 10.3% year on year), gross profit was ¥2,795 million (up 10.4%), operating profit was ¥450 million (up 22.3%), ordinary profit was ¥485 million (up 24.1%), and net profit attributable to owners of the parent was ¥297 million (up 25.4%).」
For the six months ended the second quarter, revenue, gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year, improving from the decline in profit indicators in the previous quarter. - FY2023-Q1WorsenedAnnual report
「As a result, orders from the social infrastructure market and private-sector customers remained steady, partly due to advance orders placed in anticipation of longer product lead times. In addition, sales increased to the chemical, steel, manufacturing machinery and electrical equipment, and shipbuilding industries, where capital investment and replacement demand remained strong against a backdrop of high production equipment utilization. Revenue for the three months ended the first quarter was ¥7,919 million (up 4.0% year on year), and gross profit was ¥1,275 million (up 7.2%). However, increases in selling, general and administrative expenses resulted in operating profit of ¥68 million (down 39.1%), ordinary profit of ¥93 million (down 27.1%), and net profit attributable to owners of the parent of ¥42 million (down 38.3%).」
Revenue and gross profit increased year on year, while operating profit, ordinary profit and quarterly net profit declined due to higher selling, general and administrative expenses. - FY2022WorsenedAnnual report
「Due to significant delivery delays affecting the company's products as a result of longer product lead times, as well as an increase in the number of companies reducing relatively large-scale capital investments or postponing investment altogether, revenue for the consolidated fiscal year was ¥37,378 million (down 4.5% from the previous consolidated fiscal year). In terms of profit, gross profit was ¥6,114 million (down 3.9%), operating profit was ¥1,561 million (down 10.4%), ordinary profit was ¥1,608 million (down 10.2%), and net profit attributable to owners of the parent was ¥1,067 million (down 8.4%), resulting in lower revenue and profit.」
While continuing initiatives to improve earnings power, including high-value-added sales, longer lead times and reduced or postponed capital investment resulted in lower revenue and profit for the year. - FY2022-Q3Revenue and gross profit increased, while operating profit and other profit measures declinedAnnual report
「As economic activity resumed in各国, some companies refrained from large-scale capital investment due to shortages of semiconductors and other components and rising raw material prices. However, sales to the construction machinery, electrical and precision equipment, and marine-related industries remained steady as equipment utilization rates increased. Revenue for the nine months ended the third quarter was ¥25,243 million (up 0.2% year on year). In terms of profit, gross profit was ¥4,069 million (up 1.0%), while increases in selling, general and administrative expenses resulted in operating profit of ¥754 million (down 4.3%), ordinary profit of ¥794 million (down 2.7%), and net profit attributable to owners of the parent of ¥504 million (down 1.2%).」
Revenue and gross profit increased year on year, while operating profit, ordinary profit and net profit attributable to owners of the parent declined due to higher selling, general and administrative expenses. - FY2022-Q2WorsenedAnnual report
「As a result, sales to the construction machinery and electrical and precision equipment industries remained steady as equipment utilization rates increased. However, many companies remained cautious about large-scale capital investments, and face-to-face sales activities, particularly in major metropolitan areas, continued to be restricted to prevent the spread of COVID-19. Sales to the steel and plant engineering industries and others consequently declined. Revenue for the six months ended the second quarter was ¥15,771 million (down 2.8% year on year). In terms of profit, gross profit was ¥2,532 million (down 1.7%), while increases in selling, general and administrative expenses resulted in operating profit of ¥368 million (down 19.5%), ordinary profit of ¥391 million (down 18.7%), and net profit attributable to owners of the parent of ¥237 million (down 20.7%).」
Against a backdrop of restrictions on face-to-face sales, a cautious stance toward capital investment, and increased selling, general and administrative expenses, revenue, gross profit, operating profit, ordinary profit and quarterly net profit all declined year on year. - FY2022-Q1WorsenedAnnual report
「As a result, although many companies remained reluctant to make large-scale capital investments amid an uncertain economic outlook, sales to the plant engineering, petrochemical and steel industries declined as face-to-face sales activities, particularly in major metropolitan areas, continued to be restricted to prevent the spread of COVID-19. However, sales to the construction machinery and electrical and precision equipment industries, where equipment utilization rates were high, increased. Revenue for the three months ended the first quarter was ¥7,614 million (up 1.1% year on year). In terms of profit, rising costs and increases in selling, general and administrative expenses resulted in gross profit of ¥1,190 million (down 0.8%), operating profit of ¥113 million (down 15.4%), ordinary profit of ¥127 million (down 12.8%), and net profit attributable to owners of the parent of ¥68 million (down 20.3%).」
Against a backdrop of restrictions on sales activities and increases in costs and selling, general and administrative expenses, revenue increased, while gross profit, operating profit, ordinary profit and quarterly net profit all declined year on year. - FY2021AdvancedAnnual report
「As a result of strengthening high-value-added sales and improving operating efficiency to raise productivity, profitability improved. Gross profit was ¥6,365 million (up 3.5% year on year), operating profit was ¥1,742 million (up 1.9%), ordinary profit was ¥1,791 million (up 1.5%), and net profit attributable to owners of the parent was ¥1,164 million (up 3.3%), resulting in higher revenue and profit.」
As a result of continuing high-value-added sales and improved operating efficiency, gross profit, operating profit, ordinary profit and net profit increased year on year, resulting in higher revenue and profit for the year. - FY2021-Q3WorsenedAnnual report
「As a result, the company captured investment demand for disaster preparedness and replacement needs in the social infrastructure market, and sales to the petrochemical and plant engineering industries remained steady. However, companies adopted a cautious stance toward capital investment amid deteriorating earnings caused by the economic downturn, leading to lower sales, particularly to the steel, automotive-related, construction machinery and marine-related industries. Revenue for the nine months ended the third quarter was ¥25,187 million (down 2.3% year on year), gross profit was ¥4,029 million (down 3.8%), operating profit was ¥787 million (down 20.2%), ordinary profit was ¥816 million (down 20.9%), and net profit attributable to owners of the parent was ¥510 million (down 24.0%).」
While sales to the social infrastructure, petrochemical, and plant engineering industries remained steady, all major revenue and profit indicators declined year on year, resulting in a further deterioration in earnings. - FY2021-Q2WorsenedAnnual report
「Replacement demand associated with scheduled maintenance in complex areas for the petrochemical and plant engineering industries remained steady. However, face-to-face sales activities were restricted to prevent the spread of COVID-19, and companies adopted a cautious stance toward capital investment amid deteriorating earnings caused by the economic downturn. As a result, sales declined, particularly to the steel, automotive-related and construction machinery industries. Revenue for the six months ended the second quarter was ¥16,232 million (down 4.1% year on year), gross profit was ¥2,574 million (down 6.3%), operating profit was ¥457 million (down 29.4%), ordinary profit was ¥480 million (down 28.7%), and net profit attributable to owners of the parent was ¥299 million (down 32.8%).」
Against a backdrop of restrictions on face-to-face sales and a cautious stance toward capital investment, sales declined, and revenue, gross profit, operating profit, ordinary profit and quarterly net profit all decreased year on year. - FY2021-Q1WorsenedAnnual report
「As a result, to prevent the spread of COVID-19, the company promoted working from home and staggered commuting, and was also forced to refrain from face-to-face sales activities. However, the impact was limited during the three months ended the first quarter, and orders related to social infrastructure investment, including industrial vehicles and various equipment for government agencies, remained steady. In terms of sales, equipment sales and replacement demand associated with scheduled maintenance in complex areas for the petrochemical and plant engineering industries remained solid, but sales to the steel and marine-related industries declined. Revenue for the three months ended the first quarter was ¥7,534 million (down 1.5% year on year), gross profit was ¥1,199 million (down 2.3%), operating profit was ¥133 million (down 28.8%), ordinary profit was ¥146 million (down 28.4%), and net profit attributable to owners of the parent was ¥86 million (down 33.3%).」
Although the impact of COVID-19 was limited, revenue, gross profit, operating profit, ordinary profit and quarterly net profit all declined year on year, resulting in deteriorating earnings. - FY2020AdvancedAnnual report
「As a result of strengthening high-value-added sales and improving operating efficiency to raise productivity, profitability improved. Gross profit was ¥6,153 million (up 3.1% year on year), operating profit was ¥1,709 million (up 16.3%), ordinary profit was ¥1,765 million (up 13.7%), and net profit attributable to owners of the parent was ¥1,127 million (up 19.8%), resulting in higher revenue and profit.」
As a result of high-value-added sales and improved operating efficiency, gross profit, operating profit, ordinary profit and net profit increased year on year, resulting in higher revenue and profit. - FY2020-Q3AdvancedAnnual report
「Sales of industrial vehicles used in the social infrastructure market remained steady, and sales to chemical manufacturers and steel products manufacturers also increased. However, sales to machinery manufacturers and the electric power industry declined. Revenue for the nine months ended the third quarter was ¥25,781 million (down 0.4% year on year), while gross profit was ¥4,186 million (up 2.2%), operating profit was ¥987 million (up 10.4%), ordinary profit was ¥1,032 million (up 8.1%), and net profit attributable to owners of the parent was ¥671 million (up 9.5%).」
While continuing high-value-added sales and other initiatives, revenue declined 0.4% year on year, whereas gross profit increased 2.2%, operating profit increased 10.4%, ordinary profit increased 8.1%, and net profit attributable to owners of the parent increased 9.5%. - FY2020-Q2AdvancedAnnual report
「In addition, improved profitability resulting from the company's value-added sales initiatives contributed to gross profit of ¥2,747 million (up 6.5% year on year), operating profit of ¥648 million (up 41.6%), ordinary profit of ¥674 million (up 35.7%), and net profit attributable to owners of the parent of ¥444 million (up 42.2%).」
Improved profitability from value-added sales contributed to year-on-year increases in gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent for the six months ended the second quarter. - FY2020-Q1AdvancedAnnual report
「To achieve sustained and stable growth despite intensifying competition with industry peers, the company focused its market strategy on deepening relationships with existing customers and developing new customers in high-growth fields. It made improving earnings power through stronger value-added sales its top priority and actively pursued these initiatives using its nationwide network of sales offices. As a result, although sales to chemical manufacturers and electric power companies declined, orders for industrial vehicles and various equipment used in the social infrastructure market remained steady among government agencies and construction companies. In addition, replacement demand for aging production equipment, which also contributes to production safety measures, remained strong among steel products manufacturers and marine equipment manufacturers. Consequently, revenue for the three months ended the first quarter was ¥7,650 million (up 0.6% year on year), gross profit was ¥1,226 million (down 0.6%), operating profit was ¥188 million (up 5.3%), ordinary profit was ¥204 million (up 4.4%), and net profit attributable to owners of the parent was ¥129 million (up 7.5%).」
While continuing high-value-added sales and other initiatives, revenue increased 0.6%, operating profit increased 5.3%, ordinary profit increased 4.4%, and net profit attributable to owners of the parent increased 7.5% year on year. Gross profit, however, declined 0.6%, so the indicators were mixed. - FY2019-Q3AdvancedAnnual report
「As a result, the company captured public investment in social infrastructure facilities and capital investment projects supported by high corporate earnings. Sales, particularly to government agencies, chemical manufacturers, machinery manufacturers, marine equipment manufacturers and electric power companies, remained strong. Revenue for the nine months ended the third quarter was ¥25,873 million (up 11.8% year on year), gross profit was ¥4,094 million (up 13.4%), operating profit was ¥894 million (up 70.9%), ordinary profit was ¥955 million (up 56.3%), and net profit attributable to owners of the parent was ¥613 million (up 71.9%), resulting in higher revenue and profit.」
While continuing initiatives including high-value-added sales, revenue, gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year for the nine months ended the third quarter. - FY2019-Q2AdvancedAnnual report
「As a result, although sales to plant engineering companies declined, sales remained strong, particularly to the social infrastructure market, where capital investment and replacement demand were supported by high production equipment utilization continuing from the previous fiscal year, as well as to chemical manufacturers, machinery manufacturers, marine equipment manufacturers and electric power companies. Revenue for the six months ended the second quarter was ¥16,251 million (up 12.2% year on year), gross profit was ¥2,579 million (up 13.2%), operating profit was ¥458 million (up 94.8%), ordinary profit was ¥496 million (up 61.7%), and net profit attributable to owners of the parent was ¥312 million (up 86.1%).」
The company continued to strengthen high-value-added sales, and revenue, gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year for the six months ended the second quarter. - FY2019-Q1AdvancedAnnual report
「Against this backdrop, in fiscal 2018, the second year of the new three-year medium-term management plan launched in April 2017, the Group continued to build a strong management foundation capable of responding to changes in the industrial structure and customer needs under its basic management policy of “improving earnings power through optimization of the business portfolio and pursuit of productivity.” To achieve sustained and stable growth despite intensifying competition with industry peers, it focused its market strategy on deepening relationships with existing customers and developing new customers in high-growth fields, made improving earnings power through stronger value-added sales its top priority, and actively pursued these initiatives using its nationwide network of sales offices. As a result, replacement demand at companies remained steady against a backdrop of high production equipment utilization continuing from the previous fiscal year. Sales, particularly to chemical manufacturers, steel products manufacturers, marine equipment manufacturers and electric power companies, remained strong. Revenue for the three months ended the first quarter was ¥7,606 million (up 16.8% year on year), gross profit was ¥1,234 million (up 20.3%), operating profit was ¥178 million (compared with an operating loss of ¥2 million in the same quarter of the previous year), ordinary profit was ¥195 million (up 274.9%), and net profit attributable to owners of the parent was ¥120 million (up 853.0%).」
As a result of continuing high-value-added sales, deepening relationships with existing customers, developing new customers and leveraging its nationwide network of sales offices, first-quarter revenue and gross profit increased, operating profit turned from a loss in the same period of the previous year to a profit, and ordinary profit and net profit attributable to owners of the parent also increased significantly. - FY2018AdvancedAnnual report
「The company made improving earnings power through stronger value-added sales its top priority. Specifically, to contribute to efforts to improve productivity at manufacturing sites, including through IoT, where growth is expected, it actively pursued one-stop solution proposals by strengthening its system engineering and field service capabilities, expanded sales of environmentally friendly products and safety and maintenance equipment under the keywords of “environment, peace of mind, safety and quality,” and developed new products and services addressing customer needs, while leveraging its nationwide network of sales offices. As a result, although sales to electric power companies declined, sales to government agencies, steel products manufacturers, manufacturers of electrical and precision equipment, and marine equipment manufacturers increased. Revenue for the consolidated fiscal year was ¥34,367 million (up 4.5% year on year), gross profit was ¥5,379 million (up 3.4%), operating profit was ¥1,064 million (up 6.9%), ordinary profit was ¥1,167 million (up 11.1%), and net profit attributable to owners of the parent was ¥733 million (up 7.2%), resulting in higher revenue and profit.」
The company continued high-value-added sales, one-stop solution proposals, and expanded sales of environmental and safety-related equipment. During the fiscal year, revenue, gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent all increased year on year. - FY2018-Q3Mixed profit indicatorsAnnual report
「To achieve sustained and stable growth despite intensifying competition with industry peers, the company focused its market strategy on deepening relationships with existing customers and developing new customers in high-growth fields. It made improving earnings power through stronger value-added sales its top priority and actively pursued these initiatives by leveraging its nationwide network of sales offices. Specifically, to contribute to efforts to improve productivity at manufacturing sites, including through IoT, where growth is expected, the company promoted one-stop solution proposals by strengthening its system engineering and field service capabilities. It also expanded sales of environmentally friendly products and safety and maintenance equipment under the keywords of “environment, peace of mind, safety and quality,” and actively developed new products and services addressing customer needs. As a result, orders remained steady, supported by orders for industrial vehicles used in the social infrastructure market, replacement demand for aging production equipment in the manufacturing industry, and capital investment demand aimed at improving productivity. Although sales to chemical manufacturers and the power and gas supply industries declined, sales to government agencies, steel products manufacturers and plant engineering companies increased. Consequently, revenue for the nine months ended the third quarter was ¥23,135 million (up 2.2% year on year), gross profit was ¥3,611 million (up 0.7%), operating profit was ¥523 million (down 4.7%), ordinary profit was ¥611 million (up 2.4%), and net profit attributable to owners of the parent was ¥356 million (down 6.3%).」
As a result of continuing high-value-added and solution-based sales, revenue, gross profit and ordinary profit increased year on year, while operating profit and net profit attributable to owners of the parent declined, so the profit indicators were mixed. - FY2018-Q2WorsenedAnnual report
「In terms of profit, the company worked to secure earnings by promoting value-added sales and other initiatives. However, profit margins declined amid intensifying competition, resulting in gross profit of ¥2,277 million (down 2.1% year on year), operating profit of ¥235 million (down 26.0%), ordinary profit of ¥307 million (down 13.5%), and net profit attributable to owners of the parent of ¥168 million (down 27.7%).」
Although the company pursued value-added sales, intensifying competition reduced profit margins, and gross profit, operating profit, ordinary profit and quarterly net profit declined year on year. - FY2018-Q1Earnings deterioratedAnnual report
「As a result, orders for industrial vehicles for government agencies and the transportation industry remained steady, and demand for replacement of aging production equipment in the steel products manufacturing industry was strong. However, demand from chemical manufacturers and electric power companies declined following the rebound from substantial scheduled maintenance demand in the previous fiscal year. Consequently, revenue for the three months ended the first quarter was ¥6,512 million (up 0.5% year on year), gross profit was ¥1,026 million (down 3.3%), operating loss was ¥2 million (compared with operating profit of ¥48 million in the same quarter of the previous year), ordinary profit was ¥52 million (down 34.9%), and net profit attributable to owners of the parent was ¥12 million (down 78.8%).」
While identifying high-value-added sales as its top priority, the company reported lower gross profit, ordinary profit and net profit attributable to owners of the parent in the first quarter than in the same period of the previous year, and posted an operating loss. - FY2017AdvancedAnnual report
「In addition, as a result of pursuing value-added sales focused on quality rather than volume, the gross profit margin improved by 0.4 percentage points from the previous consolidated fiscal year to 15.8%. The domestic consolidated subsidiary also performed strongly, with revenue up 1.2% and ordinary profit up 15.6% year on year, resulting in higher revenue and profit.」
As a result of value-added sales, the gross profit margin improved by 0.4 percentage points to 15.8%, while revenue and ordinary profit also increased year on year. - FY2017-Q3AdvancedAnnual report
「As a result, sales to manufacturers of marine equipment were sluggish due to the impact of production adjustments for diesel engines. However, sales of industrial measurement and control equipment, as well as environmental measurement and analytical equipment, mainly for scheduled maintenance demand at petrochemical complexes, remained strong among chemical manufacturers and plant engineering companies. The domestic subsidiaries also continued to perform steadily. Revenue for the nine months ended the third quarter was ¥22,634 million (up 2.4% year on year). The effect of improved profit margins resulted in gross profit of ¥3,587 million (up 4.4%), operating profit of ¥549 million (up 16.6%), ordinary profit of ¥596 million (up 24.0%), and net profit attributable to owners of the parent of ¥380 million (up 38.7%).」
As a result of improved profit margins, gross profit, operating profit, ordinary profit and net profit attributable to owners of the parent for the nine months ended the third quarter increased year on year. - FY2017-Q2AdvancedAnnual report
「In addition, the domestic subsidiaries performed steadily, and efforts to improve profit margins also contributed. As a result, revenue for the six months ended the second quarter was ¥14,396 million (up 0.4% year on year), gross profit was ¥2,326 million (up 4.5%), operating profit was ¥318 million (up 21.3%), ordinary profit was ¥354 million (up 31.4%), and net profit attributable to owners of the parent was ¥232 million (up 50.5%).」
The company specifically reported year-on-year increases in gross profit, operating profit, ordinary profit and quarterly net profit for the six months ended the second quarter as results of efforts to improve profit margins. - FY2017-Q1AdvancedAnnual report
「In terms of profit, profit margins improved as a result of efforts to promote value-added sales, resulting in gross profit of ¥1,061 million (up 2.5% year on year), operating profit of ¥48 million (down 15.0%), ordinary profit of ¥80 million (up 25.0%), and net profit attributable to owners of the parent of ¥59 million (up 142.6%).」
Value-added sales increased gross profit in the first quarter by 2.5% year on year, providing a measurable result of improved profit margins. - FY2016First statedAnnual report
「Alongside continued efforts under the gross profit margin improvement campaign (M2 campaign), the company newly adopted “from volume to quality” and worked to maximize high-value-added sales. As a result, the gross profit margin for the current consolidated fiscal year improved by 0.2 percentage points from the previous consolidated fiscal year to 15.4%.」
It records the continuation of the M2 campaign and the new slogan “from volume to quality,” together with a gross profit margin of 15.4%, an improvement of 0.2 percentage points year on year.