Operating and ordinary profit increase despite lower revenue
First written in FY2019. 2 of 8 entries say "Worsened", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2020: 7 of 15 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2026Revenue and profit growth continuedAnnual report
「Revenue was ¥6,773 million, up ¥322 million (5.0%) year on year. Profit also increased, with operating profit up ¥237 million (15.7%) year on year to ¥175 million, ordinary profit up ¥180 million (10.8%) to ¥185 million, and net income attributable to owners of the parent up ¥124 million (10.4%) to ¥133 million.」
Following higher revenue and profit in the previous fiscal year, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased in the current fiscal year. - FY2025Return to Revenue and Profit GrowthAnnual report
「Under these conditions, the group's agricultural materials and facilities materials businesses performed steadily. Revenue was ¥64.508 billion, up ¥2.909 billion, or 4.7%, year on year. On the earnings side, operating income was ¥1.511 billion, up ¥32 million, or 2.2%, ordinary income was ¥1.666 billion, up ¥95 million, or 6.1%, and net income attributable to owners of the parent was ¥1.2 billion, up ¥22 million, or 1.9%, year on year.」
From the previous fiscal year's lower revenue, lower operating profit, lower ordinary profit and lower net profit, performance recovered in the current fiscal year to higher revenue, operating profit, ordinary profit and net profit. - FY2024WorsenedAnnual report
「Under these conditions, the group reported revenue of ¥61.598 billion, a year-on-year decrease of ¥580 million, or 0.9%. On the earnings side, operating income was ¥1.478 billion, down ¥306 million, or 17.2%, ordinary income was ¥1.570 billion, down ¥342 million, or 17.9%, and net income attributable to owners of the parent was ¥1.177 billion, down ¥248 million, or 17.4%, year on year.」
From the previous fiscal year's higher revenue, lower operating profit, slightly higher ordinary profit and higher net profit, performance turned in the current fiscal year to lower revenue, lower operating profit, lower ordinary profit and lower net profit. - FY2023Revenue up, operating profit down, ordinary profit slightly up, net profit upAnnual report
「Revenue was ¥6,218 million, up ¥149 million (2.5%) year on year. In terms of profit, operating profit fell ¥50 million (2.7%) year on year to ¥179 million, mainly because profit declined in the Seed business. Meanwhile, ordinary profit rose ¥4 million (0.2%) to ¥191 million and net income attributable to owners of the parent rose ¥123 million (9.5%) to ¥143 million, as foreign exchange losses among non-operating expenses decreased.」
From the previous fiscal year's lower revenue, higher operating profit and lower net profit, performance changed in the current fiscal year to higher revenue, lower operating profit, slightly higher ordinary profit and higher net profit. - FY2022Declining revenue, operating-profit growth and net-profit declineAnnual report
「Amid these conditions, the Group's performance was affected by sluggish sales in the Facilities Materials business, resulting in revenue of ¥6,069 million, down ¥9 million (0.1%) year on year. In terms of profit, operating profit rose ¥174 million (10.5%) year on year to ¥184 million and ordinary profit rose ¥143 million (8.1%) to ¥191 million, reflecting the solid performance of the Seed business, while net income attributable to owners of the parent fell ¥133 million (9.3%) to ¥130 million.」
From the previous fiscal year's higher revenue and profit, performance changed such that revenue declined slightly, operating and ordinary profit increased, and net income attributable to owners of the parent decreased. - FY2021Return to Revenue and Profit GrowthAnnual report
「Amid these conditions, the Group's performance benefited mainly from growth in the Agricultural Materials and Floriculture businesses, resulting in revenue of ¥6,078 million, up ¥260 million (4.5%) year on year. Profit also increased, with operating profit up ¥173 million (11.7%) year on year to ¥166 million, ordinary profit up ¥152 million (9.4%) to ¥177 million, and net income attributable to owners of the parent up ¥313 million (27.9%) to ¥144 million.」
Revenue and profit growth for the full year followed a decline in both revenue and profit in the previous fiscal year, driven by growth in the Agricultural Materials and Floriculture businesses. - FY2020WorsenedAnnual report
「Amid these conditions, the Group's performance was affected by the weak performance of the Seed business, resulting in revenue of ¥5,817 million, down ¥41 million (0.7%) year on year. Profit also declined, with operating profit down ¥298 million (16.7%) year on year to ¥149 million, ordinary profit down ¥285 million (15.0%) to ¥161 million, and net income attributable to owners of the parent down ¥161 million (12.6%) to ¥112 million.」
From the previous fiscal year's lower revenue but higher operating and ordinary profits, the current fiscal year saw revenue, operating profit, ordinary profit and net profit all decline in addition to lower revenue. - FY2019First statedAnnual report
「Amid these conditions, the Group's performance was affected by lower revenue in the Floriculture and Seedling businesses, resulting in revenue of ¥5,859 million, down ¥51 million (0.9%) year on year. In terms of profit, operating profit rose ¥38 million (2.2%) year on year to ¥178 million, and ordinary profit rose ¥7 million (0.4%) to ¥190 million, reflecting steady performance in the Agricultural Materials business and improved profitability in the Nutrient Culture Plants business, including hydroponic cultivation plants.」
Full-year revenue declined, while operating profit and ordinary profit increased on the back of steady performance in the Agricultural Materials business and improved profitability in the Nutrient Culture Plants business.