Improvement in Operating Margin
First written in FY2024. 1 of 3 entries say "Worsened", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The cost-of-sales ratio declined 0.4 percentage points from the previous consolidated fiscal year to 69.5% as profitability improved, owing to higher sales of the Company's own products and the partial transfer of the probe card business within the test solutions business during the previous consolidated fiscal year.」
Despite the policy of improving the operating profit margin, the cost-of-sales ratio declined from 69.9% to 69.5%, indicating improved profitability. - FY2025WorsenedAnnual report
「Meanwhile, profit margins deteriorated, partly because of a significant decline in revenue from testers for memory applications. As a result, the ratio of cost of sales to net sales increased 1.7 percentage points from the previous consolidated fiscal year to 69.9%.」
While the Company has set improving its operating profit margin as a policy, profit margins deteriorated because of a significant decline in revenue from testers for memory applications, and the cost-of-sales ratio rose to 69.9%. - FY2024First statedAnnual report
「Common business strategy across the Group ・Improve operating profit margins」
The new medium-term management plan for 2024 to 2026 newly identifies improving the operating profit margin as a common strategy and a prerequisite for raising ROE and ROIC. The Group aims to improve profitability by providing high-value-added products and services.