Higher revenue, operating profit and net profit for the nine months through Q3, with ordinary profit edging down
First written in FY2019-Q3. 3 of 6 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2024-Q3.
Kaneko Seeds moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 32 of 163 companies on the "Worse" side.
25 other companies' latest entry also says "Worsened".
- FY2024-Q3WorsenedAnnual report
「Against this backdrop, the performance of the Group declined, with net sales down 2.6% year on year, or ¥1,023 million, to ¥38,374 million. In terms of profit, operating income declined ¥236 million, or 41.8%, to ¥328 million, ordinary income declined ¥246 million, or 36.0%, to ¥436 million, and net income attributable to owners of the parent declined ¥238 million, or 48.0%, to ¥259 million.」
After recording increases in sales and profit in the cumulative third quarter of the previous year, the current period turned to declines of 2.6% in sales, 41.8% in operating income, 36.0% in ordinary income and 48.0% in net income attributable to owners of the parent. - FY2023-Q3Recovery to Cumulative Third-Quarter Growth in Sales and ProfitAnnual report
「Against this backdrop, the performance of the Group was supported by the firm performance of the Agricultural Materials Business. Net sales increased 5.4% year on year, or ¥2,014 million, to ¥39,398 million. In terms of profit, operating income increased ¥191 million, or 51.4%, to ¥564 million, ordinary income increased ¥208 million, or 43.8%, to ¥682 million, and net income attributable to owners of the parent increased ¥210 million, or 73.2%, to ¥497 million.」
After recording declines in sales and profit in the same period of the previous year, the cumulative third quarter turned to increases in sales, operating income, ordinary income and net income, supported by the firm performance of the Agricultural Materials Business. - FY2022-Q3WorsenedAnnual report
「Against this backdrop, the performance of the Group was affected by a decline in sales in the Facilities Materials Business and other factors. Net sales declined 0.8% year on year, or ¥285 million, to ¥37,383 million. In terms of profit, in addition to the impact of lower sales, costs were incurred in connection with the introduction and launch of a new core system. As a result, operating income declined ¥106 million, or 22.3%, to ¥373 million, ordinary income declined ¥101 million, or 17.6%, to ¥474 million, and net income attributable to owners of the parent declined ¥128 million, or 30.9%, to ¥287 million.」
After recording increases in sales and profit in the cumulative third quarter of the previous year, the current period turned to declines of 0.8% in sales, 22.3% in operating income, 17.6% in ordinary income and 30.9% in net income. - FY2021-Q3Recovery to Cumulative Third-Quarter Growth in Sales and ProfitAnnual report
「Against this backdrop, the performance of the Group was supported by the firm performance of the Agricultural Materials Business and other businesses. Net sales increased 4.2% year on year, or ¥1,503 million, to ¥37,669 million. In terms of profit, operating income increased ¥89 million, or 22.8%, to ¥479 million, ordinary income increased ¥93 million, or 19.3%, to ¥576 million, and net income attributable to owners of the parent increased ¥79 million, or 23.8%, to ¥415 million.」
After recording declines in sales and profit in the same period of the previous year, the cumulative third quarter turned to increases in sales, operating income, ordinary income and net income. - FY2020-Q3WorsenedAnnual report
「Against this backdrop, the performance of the Group was affected by the weak performance of the Seed and Seedling Business. Net sales declined 0.2% year on year, or ¥76 million, to ¥36,165 million. In terms of profit, operating income declined ¥127 million, or 24.6%, to ¥390 million, ordinary income declined ¥119 million, or 19.8%, to ¥483 million, and net income attributable to owners of the parent declined ¥62 million, or 15.6%, to ¥335 million.」
After recording increases in sales, operating income and net income in the same period of the previous year, the cumulative third quarter turned to declines of 0.2% in sales, 24.6% in operating income, 19.8% in ordinary income and 15.6% in net income. - FY2019-Q3First statedAnnual report
「Against this backdrop, the performance of the Group was supported mainly by the firm performance of the Facilities Materials Business. Net sales increased 1.1% year on year, or ¥385 million, to ¥36,241 million. In terms of profit, ordinary income declined slightly by ¥1 million, or 0.2%, to ¥602 million, while operating income increased ¥25 million, or 5.2%, to ¥518 million, and net income attributable to owners of the parent increased ¥33 million, or 9.2%, to ¥398 million.」
For the cumulative third quarter, sales increased, mainly because of the firm performance of the Facilities Materials Business, and operating income and quarterly net income attributable to owners of the parent increased, while ordinary income declined slightly.