Cost Reduction in the Nursing Care and IT Businesses
First written in FY2017-Q1. 17 of 27 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
- FY2026DroppedAnnual report
「The company sold all shares of Sunlife Co., Ltd., which had been classified under the Nursing Care Business in the previous consolidated fiscal year, and excluded the company from the scope of consolidation. Accordingly, the Nursing Care Business segment has been discontinued from the current consolidated fiscal year.」
The Nursing Care Business was excluded from the scope of consolidation, and the IT-Related Business had already been discontinued as a reportable segment. Accordingly, cost-reduction measures for both businesses are not tracked in this filing. - FY2025-H1WorsenedAnnual report
「In the Nursing Care Business, net sales were ¥173 million, down 2.7% year on year, partly due to a decline in the number of residents at service-provided senior housing. Higher costs and SG&A expenses resulted in an operating loss of ¥15 million, compared with an operating loss of ¥7 million in the year-earlier period.」
No cost-reduction initiatives were reported in the Nursing Care Business, and the operating loss widened from ¥7 million in the year-earlier period to ¥15 million due to higher costs and SG&A expenses. - FY2024AdvancedAnnual report
「The number of users at each facility remained at around the year-earlier level, and net sales were ¥356 million, down 0.2% from the previous consolidated fiscal year. Despite higher costs, SG&A expenses and other expenses, the company also worked to reduce costs, resulting in a segment loss (operating loss) of ¥20 million, compared with an operating loss of ¥29 million in the previous consolidated fiscal year.」
Cost reduction continued in the Nursing Care Business, narrowing the operating loss from ¥29 million to ¥20 million. - FY2024-Q3AdvancedAnnual report
「In the Nursing Care Business, efforts to reduce costs and SG&A expenses resulted in an operating loss of ¥12 million, compared with an operating loss of ¥22 million in the year-earlier period. In the IT-Related Business, despite efforts to reduce costs and SG&A expenses, the operating loss was ¥19 million, compared with an operating loss of ¥20 million in the year-earlier period.」
In the Nursing Care Business, the operating loss narrowed from ¥22 million to ¥12 million due to cost reductions. In the IT-Related Business, the operating loss also narrowed from ¥20 million to ¥19 million. - FY2024-Q2RestatedAnnual report
「Despite efforts to reduce costs and SG&A expenses, the operating loss was ¥7 million, compared with an operating loss of ¥18 million in the year-earlier period.」
Cost and SG&A reduction efforts continued in the Nursing Care Business, narrowing the operating loss from the year-earlier period. In the IT-Related Business, cost reductions also continued, but the operating loss widened. - FY2024-Q1AdvancedAnnual report
「Despite rising costs, the company worked to reduce SG&A expenses, resulting in operating profit of ¥31 million, up 9.2% year on year.」
SG&A reduction efforts continued in the Cutting Tools Business, and operating profit increased 9.2% year on year to ¥31 million. - FY2023-Q3RestatedAnnual report
「In the IT-Related Business, net sales were ¥142 million, down 18.6% year on year, as orders from major customers remained sluggish. Despite efforts to reduce costs and SG&A expenses, the operating loss was ¥20 million, unchanged from the year-earlier period.」
Cost and SG&A reduction efforts continued in the IT-Related Business, but the operating loss was unchanged from the year-earlier period. - FY2023-Q2RestatedAnnual report
「Despite efforts to reduce costs and SG&A expenses, the operating loss was ¥18 million, compared with an operating loss of ¥0 million in the year-earlier period. Despite efforts to reduce costs, the operating loss was ¥14 million, unchanged from the year-earlier period.」
The company reported continued reductions in costs and SG&A expenses in the Nursing Care Business and IT-Related Business, but the operating loss widened in nursing care, while the IT business posted the same operating loss as in the year-earlier period. No new cost-reduction milestone was disclosed. - FY2022-Q3AdvancedAnnual report
「Orders for cutting tools remained solid, and net sales were ¥2,559 million, up 0.9% year on year. Despite efforts to reduce SG&A expenses, operating profit was ¥252 million, up 4.5% year on year.」
Efforts to reduce SG&A expenses continued in the Cutting Tools Business, and operating profit increased 4.5% year on year to ¥252 million. In the Nursing Care Business, the operating loss narrowed from ¥5 million to ¥2 million due to lower costs and SG&A expenses. - FY2022-Q2AdvancedAnnual report
「Orders for cutting tools and custom machinery remained solid, but sales of consumables such as diamond core bits declined. Net sales were ¥1,632 million, down 0.1% year on year, while efforts to reduce costs resulted in operating profit of ¥135 million, up 9.1% year on year.」
Cost reduction continued in the Cutting Tools Business, and operating profit increased 9.1% year on year to ¥135 million despite lower consumables sales. In the Construction and Lifestyle-Related Products Business, operating profit increased 26.2% year on year due to lower SG&A expenses. - FY2022-Q1AdvancedAnnual report
「Sales of cutting tools and consumables remained solid, and net sales were ¥805 million, up 10.3% year on year. The company also worked to reduce SG&A expenses, resulting in operating profit of ¥45 million, up 52.6% year on year. In the Construction and Lifestyle-Related Products Business, the company worked to reduce costs and SG&A expenses, resulting in operating profit of ¥24 million, up 60.7% year on year.」
Quantified reductions in costs and SG&A expenses, together with year-on-year increases in operating profit, were reported for the Cutting Tools Business and the Construction and Lifestyle-Related Products Business. - FY2021AdvancedAnnual report
「SG&A expenses decreased by ¥112 million from the previous fiscal year to ¥2,212 million, mainly due to lower travel and transportation expenses.」
SG&A expenses were reduced by ¥112 million year on year, with progress in cost reduction reflected in the full-year figures. - FY2021-Q3AdvancedAnnual report
「Despite efforts to reduce SG&A expenses, operating profit was ¥241 million, up 19.0% year on year.」
Efforts to reduce SG&A expenses continued in the Cutting Tools Business, and operating profit increased 19.0% year on year. - FY2021-Q1RestatedAnnual report
「Despite efforts to reduce SG&A expenses, operating profit was ¥30 million, down 19.5% year on year.」
SG&A reduction efforts continued in the Cutting Tools Business and elsewhere, but operating profit was below the year-earlier level. No new achievement milestone was disclosed. - FY2020AdvancedAnnual report
「Cost of sales declined as the in-house production of consumables in the Cutting Tools Business progressed. The ratio of cost of sales to net sales improved from 76.9% to 76.4%, and cost of sales amounted to ¥8,222 million.」
Cost savings from the in-house production of consumables progressed, improving the cost-of-sales ratio from 76.9% to 76.4%. - FY2020-Q3AdvancedAnnual report
「Efforts to reduce selling, general and administrative expenses resulted in operating profit of ¥202 million, up 15.9% year on year. Efforts to reduce costs resulted in operating profit of ¥81 million, up 89.1%. Efforts to reduce selling, general and administrative expenses resulted in operating profit of ¥158 million, up 222.8%. Efforts to reduce expenses narrowed the operating loss to ¥2 million, compared with an operating loss of ¥19 million a year earlier.」
Continued reductions in cost of sales, SG&A expenses and other expenses in cutting tools, special construction, construction and lifestyle-related products, and nursing care led to quantified improvements in operating results for each business. - FY2020-Q1AdvancedAnnual report
「Despite efforts to reduce costs, operating profit was ¥37 million, up 96.7% year on year.」
The cutting tools business continued to reduce costs, and operating profit rose 96.7% year on year to ¥37 million. - FY2019-Q3AdvancedAnnual report
「Efforts to reduce costs resulted in operating profit of ¥43 million, up 25.6% year on year. Efforts to reduce manufacturing costs and selling, general and administrative expenses resulted in operating profit of ¥30 million, up 288.1%. Efforts to increase users and reduce expenses narrowed the operating loss to ¥19 million, compared with an operating loss of ¥48 million a year earlier. Efforts to reduce costs resulted in operating profit of ¥6 million, up 279.1%.」
Specialty construction, factory equipment, nursing care, and IT continued to reduce costs and expenses, improving operating results in each business year on year. - FY2019-Q2AdvancedAnnual report
「(Nursing care business) The closure of 3 day-care facilities in September last year reduced revenue to ¥164 million, down 5.9% year on year. However, operating-expense reductions narrowed the operating loss to ¥13 million, compared with an operating loss of ¥35 million a year earlier. (IT-related business) Revenue was ¥141 million, down 1.6%, as orders for commissioned software development and other services were somewhat sluggish. However, efforts to reduce the cost of sales resulted in operating profit of ¥5 million, compared with an operating loss of ¥1 million a year earlier.」
The nursing care business narrowed its operating loss from ¥35 million to ¥13 million through operating-expense reductions, while the IT-related business improved from an operating loss a year earlier to operating profit of ¥5 million through lower cost of sales. - FY2019-Q1AdvancedAnnual report
「Although the 24-hour assisted-living facility performed steadily, the closure last year of 3 day-care facilities resulted in revenue of ¥79 million, down 6.2% year on year. However, reductions in operating expenses narrowed the operating loss to ¥7 million, compared with an operating loss of ¥19 million a year earlier.」
The nursing care business narrowed its operating loss from ¥19 million to ¥7 million through operating-expense reductions. The IT-related business also secured operating profit of ¥4 million through cost reductions, primarily in outsourcing expenses, up 199.3% year on year. - FY2018AdvancedAnnual report
「Progress was made in reducing costs by bringing production of consumables in the cutting tools business in-house.」
The disclosure specifically describes progress in reducing costs by bringing production of consumables in the cutting tools business in-house. - FY2018-Q3RestatedAnnual report
「Despite efforts to reduce costs, operating profit was ¥2 million, down 67.8% year on year.」
The IT-related business continued its cost-reduction efforts, but operating profit declined 67.8% year on year. Although the initiative is continuing, no new milestone was disclosed. - FY2018-Q1RestatedAnnual report
「(Nursing care business) A decline in users of 24-hour assisted-living facilities and senior rental housing resulted in revenue of ¥85 million, down 21.7% year on year. Despite efforts to reduce costs and selling, general and administrative expenses, the operating loss widened to ¥19 million, compared with an operating loss of ¥6 million a year earlier. (IT-related business) Orders for commissioned software development and other services remained broadly at the previous year's level, and revenue was ¥80 million, up 0.9%. Efforts to reduce selling, general and administrative expenses resulted in operating profit of ¥1 million, compared with an operating loss of ¥0 million a year earlier.」
The nursing care and IT-related businesses continued to reduce costs or selling, general and administrative expenses. The nursing care business posted a wider loss, while the IT-related business became profitable. - FY2017RestatedAnnual report
「Efforts to reduce selling, general and administrative expenses resulted in segment profit (operating profit) of ¥7 million, up 137.6% from the previous consolidated fiscal year.」
The IT-related business continued to reduce expenses and secured operating profit of ¥7 million. In the nursing care business, losses widened despite cost reductions due to capital investment and other factors. - FY2017-Q3AdvancedAnnual report
「(Nursing care business) Low utilization rates at day-care and 24-hour nursing care services resulted in revenue of ¥312 million, down 3.2% year on year. However, cost reductions resulted in an operating loss of ¥29 million, compared with an operating loss of ¥32 million a year earlier. (IT-related business) Despite focusing on securing orders for commissioned software development and other services, sluggish orders resulted in revenue of ¥237 million, down 7.3%. Expense-cutting efforts resulted in operating profit of ¥5 million, compared with an operating loss of ¥1 million a year earlier.」
The nursing care business narrowed its operating loss from ¥32 million to ¥29 million, while the IT-related business improved from an operating loss of ¥1 million a year earlier to operating profit of ¥5 million. Earnings improvement through cost and expense reductions is progressing. - FY2017-Q2AdvancedAnnual report
「(Nursing care business) Users of day-care services, paid nursing homes, senior rental housing, and other facilities remained broadly flat, resulting in revenue of ¥212 million, down 0.2% year on year. Efforts to reduce operating expenses narrowed the operating loss to ¥17 million, compared with an operating loss of ¥25 million a year earlier. (IT-related business) Revenue was ¥160 million, down 5.2%, as orders for commissioned software development and other services remained sluggish. However, active cost-cutting efforts resulted in operating profit of ¥3 million, compared with an operating loss of ¥2 million a year earlier.」
The nursing care business narrowed its operating loss from ¥25 million to ¥17 million, while the IT-related business improved from an operating loss of ¥2 million a year earlier to operating profit of ¥3 million through cost reductions. - FY2017-Q1First statedAnnual report
「Efforts to reduce costs, primarily personnel expenses, resulted in an operating loss of ¥6 million, compared with an operating loss of ¥11 million a year earlier. Efforts to reduce costs resulted in an operating loss of ¥0 million, compared with an operating loss of ¥1 million a year earlier.」
The disclosure states that the nursing care business focused on reducing personnel expenses, while the IT-related business worked to reduce costs.