Higher Operating Expenses Following the Consolidation of Subsidiaries
First written in FY2017-Q1. 2 of 4 entries say "Restated". Latest entry: FY2017.
0 other companies' latest entry also says "Dropped".
- FY2017DroppedAnnual report
「In addition, regarding earnings, ordinary income amounted to ¥25.34 billion, up 4.6% year on year, due to productivity improvements through structural reform and other factors.」
The increase in operating expenses from consolidating subsidiaries, which was cited in the quarterly report as a factor weighing on profit, is not explicitly mentioned in the full-year explanation of operating results, while productivity improvements from structural reforms are cited as a factor behind the increase in profit. - FY2017-Q3RestatedAnnual report
「However, despite efforts to improve productivity through structural reforms, operating income was affected by higher operating expenses resulting from the consolidation of subsidiaries and other factors, resulting in ordinary income of ¥11.23 billion, down 3.8% year on year, and quarterly net income attributable to owners of the parent of ¥7.17 billion, down 1.6%.」
The increase in operating expenses from consolidating subsidiaries continues to be cited as a factor behind the decline in profit for the nine-month cumulative period. - FY2017-Q2RestatedAnnual report
「In terms of earnings, despite efforts to improve productivity through structural reforms, ordinary profit amounted to ¥6,450 million, down 5.9% year on year, and net income attributable to owners of the parent amounted to ¥4,120 million, down 9.2%, due mainly to an increase in operating expenses resulting from the consolidation of subsidiaries.」
The increase in operating expenses from consolidating subsidiaries is also cited as a factor weighing on profit for the first-half cumulative period. - FY2017-Q1First statedAnnual report
「In terms of earnings, despite efforts to improve productivity through structural reforms, ordinary profit amounted to ¥1,460 million, down 20.8% year on year, due mainly to an increase in operating expenses resulting from the consolidation of subsidiaries.」
The increase in operating expenses associated with the consolidation of 東京鋪装工業 and other subsidiaries is cited as a factor behind the decline in ordinary profit for the quarter.