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  6. Manufacturing Column > Stories about Cost Management: The Importance of Cost Management in Managerial Accounting

Manufacturing Column > Stories about Cost Management: The Importance of Cost Management in Managerial Accounting

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last updated:Aug 12, 2009

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Manufacturing Column > Stories about Cost Management: The Importance of Cost Management in Managerial Accounting

Due to the occurrence of the financial crisis and the impact of the slowdown in the global economy, our country's economy is rapidly deteriorating, and we must also address issues such as the adoption of International Financial Reporting Standards (IFRS). In the manufacturing sector as well, business leaders may need to reassess their companies' accounting systems.

    Accounting and FinanceCost Management System
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Manufacturing Column > Stories about Cost Management: The Importance of Cost Management in Managerial Accounting

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Due to the occurrence of the financial crisis and the impact of the slowdown in the global economy, our country's economy is rapidly deteriorating, and we must also address the adoption of international financial reporting standards (IFRS). In the manufacturing sector as well, business leaders may need to reassess their companies' accounting systems.

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Manufacturing Column: Cost Management Anecdotes 090804

Manufacturing Column: Cost Management Anecdotes 090804

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At Kobelco Systems, we have inherited the commitment to "monozukuri and quality" from Kobe Steel, which has a history of over 100 years in the manufacturing industry, and we have fused it with the "know-how of innovation" possessed by IBM, a global leader in the IT industry. Leveraging this diversity and synergy, we have been active as a company embodying "Japanese spirit and Western talent," responding to various needs of our customers. Recently, the remarkable evolution of technology, including AI, has brought about significant transformations in society and has become a source of corporate competitiveness. In this context, we continue to pursue self-transformation to fulfill our responsibilities and roles, while enhancing our unique value and consistently delivering that value. "Our purpose is to cherish all people, support individual challenges and growth with advanced technology and the power to create, and build a fruitful tomorrow." This is our reason for existence and our promise to society. We value all stakeholders who support us, including our customers, collaborative partners, shareholders, local communities, and employees and their families, and together with everyone, we will build a fruitful tomorrow.

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