In today’s briefing:
- The Solution Is to Improve the Gross Profit Margin and Return Excess Cash to Shareholders
The Solution Is to Improve the Gross Profit Margin and Return Excess Cash to Shareholders
- Since FY2022, the NP Margin and Equity Ratio have moved in parallel, indicating that the improvement in non-operating income and expenses has directly contributed to the increase in equity.
- Over the past few years, while sales growth driven by passing on inflationary costs has gradually boosted operating profit, the improvement in the operating profit margin has been negligible.
- To raise profit margins to a level that can stand up to comparisons with companies in other countries, create products with high gross profit margins to increase cash flow.

