Turning Profitable Through Improved Gross Profit Margins
First written in FY2017-Q2. 19 of 37 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-09-28.
31 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In terms of profit, supported by higher net sales in the air-conditioning instrumentation-related business and improved profitability resulting from orders placed with profitability in mind and efforts to improve profit margins, operating profit totaled ¥11,821 million, up 29.6%, ordinary profit totaled ¥12,126 million, up 30.3%, and net income attributable to owners of the parent totaled ¥8,442 million, up 31.6%.」
Operating income was ¥11,821 million, ordinary income was ¥12,126 million and net income was ¥8,442 million, all higher than in the same period of the previous year, due to orders placed with profitability in mind and efforts to improve margins. The operating margin was 25.5%. - FY2026-H1AdvancedAnnual report
「Against this backdrop, the Group's performance for the interim consolidated accounting period was as follows. Order intake was ¥28,074 million, up 10.5% year on year, while net sales were ¥18,668 million, up 24.6%, mainly due to the recognition of large new-build projects related to redevelopment in the Tokyo metropolitan area and regional cities, as well as projects for medical facilities, in the air-conditioning instrumentation business. In terms of earnings, operating income was ¥4,140 million, up 78.6% year on year, ordinary income was ¥4,297 million, up 78.4%, and interim net income attributable to owners of the parent was ¥2,968 million, up 80.3%, owing to higher net sales and an improvement in the gross profit margin.」
Net sales, operating income, ordinary income and interim net income were all substantially higher than in the same period of the previous year, driven by the recognition of large new-build and medical-facility projects and an improved gross profit margin. - FY2025AdvancedAnnual report
「In terms of earnings, due to higher net sales in the air-conditioning instrumentation-related business and improved profitability resulting from selective order-taking, operating income was ¥9,120 million, up 46.0% year on year; ordinary income was ¥9,307 million, up 47.2%; and net income attributable to owners of the parent was ¥6,414 million, up 37.3%.」
Due to higher sales in the air-conditioning instrumentation-related business and improved profitability from selective order-taking, operating income was ¥9,120 million, ordinary income was ¥9,307 million and net income was ¥6,414 million. The operating margin also rose to 21.2%. - FY2025-H1AdvancedAnnual report
「In terms of earnings, due to the improved gross profit margin, operating income was ¥2,318 million, up 32.6% year on year; ordinary income was ¥2,409 million, up 32.1%; and interim net income attributable to owners of the parent was ¥1,646 million, up 33.3%.」
Although net sales declined 3.8% year on year, operating income, ordinary income and interim net income all exceeded the same period of the previous year due to the improved gross profit margin. - FY2024AdvancedAnnual report
「Net sales were ¥38,894 million, up 13.4% year on year, mainly due to the recording of large new projects related to factories and urban redevelopment in the Tokyo metropolitan area and regional cities in the air-conditioning instrumentation-related business. In terms of earnings, due to higher net sales, operating income was ¥6,248 million, up 38.8%; ordinary income was ¥6,324 million, up 37.1%; and net income attributable to owners of the parent was ¥4,672 million, up 47.5%.」
Net sales increased, mainly due to the recording of large new projects, and operating income, ordinary income and net income attributable to owners of the parent all exceeded the same period of the previous year. The gross profit margin also rose 3.6 percentage points to 37.4%. - FY2024-Q3AdvancedAnnual report
「The group's results for the cumulative third quarter under review were as follows: orders received were ¥31,980 million, down 2.9% year on year, while net sales were ¥25,023 million, up 24.8%, mainly due to the recording of large new projects related to factories and urban redevelopment in the Tokyo metropolitan area in the air-conditioning instrumentation-related business. In terms of earnings, as net sales increased, operating income was ¥3,923 million, up 85.8% year on year; ordinary income was ¥4,038 million, up 82.9%; and quarterly net income attributable to owners of the parent was ¥2,750 million, up 82.7%.」
Net sales increased 24.8% year on year, mainly due to the recording of large new projects, and operating income, ordinary income and quarterly net income attributable to owners of the parent all substantially exceeded the same period of the previous year. - FY2024-Q2AdvancedAnnual report
「The group's results for the cumulative second quarter under review were as follows: orders received were ¥22,571 million, down 5.1% year on year, while net sales were ¥15,584 million, up 34.8%, mainly due to the recording of large new projects related to factories and urban redevelopment in the Tokyo metropolitan area in the air-conditioning instrumentation-related business. In terms of earnings, as net sales increased, operating income was ¥1,748 million, up 186.7% year on year; ordinary income was ¥1,824 million, up 170.7%; and quarterly net income attributable to owners of the parent was ¥1,234 million, up 174.1%.」
Net sales increased 34.8% year on year, mainly due to the recording of large new projects, and operating income, ordinary income and quarterly net income attributable to owners of the parent all substantially exceeded the same period of the previous year. - FY2024-Q1AdvancedAnnual report
「The group's results for the cumulative first quarter under review were as follows: orders received were ¥11,885 million, down 8.6% year on year, while net sales were ¥7,199 million, up 37.6%, mainly due to the recording of large new projects related to urban redevelopment in the Tokyo metropolitan area and factories in the air-conditioning instrumentation-related business. In terms of earnings, as net sales increased, operating income was ¥532 million (operating income of ¥16 million in the same period of the previous year), ordinary income was ¥577 million, up 956.1% year on year, and quarterly net income attributable to owners of the parent was ¥389 million (net income of ¥30 million in the same period of the previous year).」
Net sales increased 37.6% year on year, mainly due to the recording of large new projects in the air-conditioning instrumentation-related business, resulting in operating income of ¥532 million, ordinary income of ¥577 million and quarterly net income attributable to owners of the parent of ¥389 million. - FY2023-Q3AdvancedAnnual report
「The group's results for the cumulative third quarter under review were as follows: orders received were ¥32,919 million, up 21.2% year on year, due to an increase in the air-conditioning instrumentation-related business, and net sales were ¥20,056 million, up 4.0%. In terms of earnings, due to higher net sales and other factors, operating income was ¥2,112 million, up 19.1% year on year; ordinary income was ¥2,207 million, up 19.3%; and quarterly net income attributable to owners of the parent was ¥1,504 million, up 3.6%.」
Due to higher net sales and other factors, operating income was ¥2,112 million, ordinary income was ¥2,207 million, and quarterly net income attributable to owners of the parent was ¥1,504 million, continuing profitable results above the same period of the previous year. - FY2023-Q2WorsenedAnnual report
「In terms of earnings, due to lower net sales and other factors, operating income was ¥609 million, down 34.2% year on year; ordinary income was ¥674 million, down 31.1%; and quarterly net income attributable to owners of the parent was ¥450 million, down 47.6%.」
Although profitable results continued, net sales declined 5.2% year on year, and operating income, ordinary income and quarterly net income attributable to owners of the parent all fell below the same period of the previous year, resulting in lower earnings levels. - FY2023-Q1WorsenedAnnual report
「The group's results for the cumulative first quarter under review were as follows: orders received of ¥13,002 million, up 27.4% year on year; net sales of ¥5,233 million, down 9.7%; operating income of ¥16 million, down 94.4%; ordinary income of ¥54 million, down 83.0%; and quarterly net income attributable to owners of the parent of ¥30 million, down 85.8%.」
Although profitable results were maintained, net sales declined 9.7% year on year, operating income declined 94.4%, ordinary income declined 83.0%, and quarterly net income attributable to owners of the parent declined 85.8%, resulting in a substantial decline in earnings levels. - FY2022SoftenedAnnual report
「Net sales for the consolidated fiscal year under review decreased by ¥2,409 million from the previous consolidated fiscal year to ¥31,669 million. In terms of earnings, due to lower net sales, operating income was ¥4,074 million, down 11.1% year on year; ordinary income was ¥4,139 million, down 11.2%; and net income attributable to owners of the parent was ¥3,029 million, down 8.9%.」
Although profitable results continued, net sales and operating, ordinary and net income all declined year on year. Meanwhile, the gross profit margin rose 0.7 percentage points to 33.9% due to improved profitability in existing construction projects. - FY2022-Q3AdvancedAnnual report
「In terms of earnings, due to higher net sales and other factors, operating income was ¥1,773 million, up 16.6% year on year; ordinary income was ¥1,850 million, up 15.5%; and quarterly net income attributable to owners of the parent was ¥1,452 million, up 33.3%, partly due to a gain on the sale of fixed assets.」
On a consolidated basis, net sales were ¥19,293 million, up 9.3% year on year, and operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the same period of the previous year. The ¥286 million gain on the sale of fixed assets also contributed to the increase in net income. - FY2022-Q2AdvancedAnnual report
「In terms of earnings, due to higher net sales and other factors, operating income was ¥926 million, up 18.7% year on year; ordinary income was ¥978 million, up 17.1%; and quarterly net income attributable to owners of the parent was ¥860 million, up 51.6%, partly due to a gain on the sale of fixed assets.」
Net sales were ¥12,195 million, up 0.7% year on year, while operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year. The ¥286 million gain on the sale of fixed assets also contributed to the increase in net income. - FY2022-Q1AdvancedAnnual report
「The group's results for the cumulative first quarter under review were as follows: orders received of ¥10,202 million, down 9.6% year on year; net sales of ¥5,795 million, up 3.4%; operating income of ¥289 million, up 24.4%; ordinary income of ¥322 million, up 20.8%; and quarterly net income attributable to owners of the parent of ¥214 million, up 21.4%.」
On a consolidated basis, net sales increased 3.4% year on year, operating income increased 24.4%, ordinary income increased 20.8%, and quarterly net income attributable to owners of the parent increased 21.4%, with profitable results continuing. - FY2021AdvancedAnnual report
「As a result, orders received were ¥34,459 million, net sales were ¥34,079 million, operating income was ¥4,584 million, ordinary income was ¥4,660 million, and net income attributable to owners of the parent was ¥3,324 million.」
In its first year of consolidation, the company recorded operating income of ¥4,584 million, ordinary income of ¥4,660 million and net income attributable to owners of the parent of ¥3,324 million. The operating margin was 13.5%. - FY2021-Q3RestatedAnnual report
「The group's results for the cumulative third quarter under review were as follows: orders received of ¥28,172 million, net sales of ¥17,644 million, operating income of ¥1,521 million, ordinary income of ¥1,602 million, and quarterly net income attributable to owners of the parent of ¥1,089 million.」
On a consolidated basis, the company recorded operating income of ¥1,521 million, ordinary income of ¥1,602 million and quarterly net income attributable to owners of the parent of ¥1,089 million, continuing to report profitable results. - FY2021-Q2RestatedAnnual report
「In terms of operating results, the group's results for the cumulative second quarter under review were as follows: orders received of ¥20,662 million, net sales of ¥12,113 million, operating income of ¥779 million, ordinary income of ¥834 million, and quarterly net income attributable to owners of the parent of ¥564 million.」
On a consolidated basis, the company recorded operating income of ¥779 million, ordinary income of ¥834 million and quarterly net income attributable to owners of the parent of ¥564 million. No comparative analysis with the same period of the previous year was conducted because consolidated financial statements have been prepared since the first quarter accounting period. - FY2021-Q1RestatedAnnual report
「For the cumulative first quarter under review, the group's results were as follows: orders received of ¥11,289 million, net sales of ¥5,602 million, operating income of ¥232 million, ordinary income of ¥265 million, and quarterly net income attributable to owners of the parent of ¥174 million.」
On a consolidated basis, the company recorded operating income of ¥232 million, ordinary income of ¥265 million and quarterly net income attributable to owners of the parent of ¥174 million. No comparative analysis with the same quarter of the previous year was conducted because this was the first year of consolidation. - FY2020-Q3AdvancedAnnual report
「In terms of earnings, due to higher net sales and other factors, the company recorded operating income of ¥1,381 million (a loss of ¥71 million in the same period of the previous year) and ordinary income of ¥1,446 million (a loss of ¥18 million). Quarterly net income was ¥987 million (a loss of ¥26 million).」
Due to higher net sales and other factors, the company returned to profitability, moving from operating, ordinary and net losses in the same period of the previous year to operating income of ¥1,381 million, ordinary income of ¥1,446 million and quarterly net income of ¥987 million. - FY2020-Q2MitigatedAnnual report
「In terms of earnings, due to higher net sales and other factors, the company recorded operating income of ¥851 million (a loss of ¥398 million in the same period of the previous year) and ordinary income of ¥892 million (a loss of ¥370 million). Quarterly net income was ¥608 million (a loss of ¥265 million).」
Due to higher net sales and other factors, the company returned to profitability, moving from operating, ordinary and net losses in the same period of the previous year to operating income of ¥851 million, ordinary income of ¥892 million and quarterly net income of ¥608 million. - FY2020-Q1MitigatedAnnual report
「In terms of earnings, due to higher net sales and other factors, the company recorded an operating loss of ¥211 million (a loss of ¥326 million in the same period of the previous year), an ordinary loss of ¥187 million (a loss of ¥304 million), and a quarterly net loss of ¥135 million (a loss of ¥218 million).」
Operating, ordinary and quarterly net losses all narrowed from the same period of the previous year due to higher net sales and other factors. However, the cumulative first quarter under review still resulted in a loss. - FY2019-Q3MitigatedAnnual report
「In terms of earnings, due to higher net sales and other factors, the company recorded an operating loss of ¥71 million (a loss of ¥396 million in the same period of the previous year) and an ordinary loss of ¥18 million (a loss of ¥344 million). The quarterly net loss was ¥26 million (a loss of ¥198 million).」
Operating, ordinary and quarterly net losses all narrowed from the same period of the previous year due to higher net sales and other factors. However, the cumulative third quarter under review still resulted in a loss. - FY2019-Q2MitigatedAnnual report
「Due to lower construction costs and other factors, the operating loss narrowed to ¥398 million (a loss of ¥421 million in the same period of the previous year), and the ordinary loss narrowed to ¥370 million (a loss of ¥386 million). The quarterly net loss, however, was ¥265 million (a loss of ¥228 million), due to a higher tax burden including deferred tax adjustments.」
Lower construction costs and other factors narrowed the operating and ordinary losses from the same period of the previous year. Meanwhile, the quarterly net loss widened from ¥228 million to ¥265 million due to the higher tax burden, and the company remained in the red. - FY2019-Q1MitigatedAnnual report
「In terms of earnings, due to higher net sales and other factors, the company recorded an operating loss of ¥326 million (a loss of ¥544 million in the same period of the previous year), an ordinary loss of ¥304 million (a loss of ¥519 million), and a quarterly net loss of ¥218 million (a loss of ¥315 million).」
Operating, ordinary and net losses all narrowed from the same period of the previous year, but the first quarter under review still resulted in a loss. - FY2018MitigatedAnnual report
「The gross profit margin rose 1.1 percentage points overall to 31.3%, mainly due to higher margins in the industrial instrumentation-related business.」
Although losses continued at the quarterly stage, the full-year gross profit margin rose from 30.2% to 31.3%, and the company secured full-year profitability by recording operating income of ¥2,767 million and net income of ¥2,056 million. - FY2018-Q3WorsenedAnnual report
「In terms of earnings, due to lower net sales and higher general and administrative expenses, among other factors, the company recorded an operating loss of ¥396 million (operating income of ¥565 million in the same period of the previous year), an ordinary loss of ¥344 million (ordinary income of ¥607 million), and a quarterly net loss of ¥198 million (net income of ¥397 million).」
In contrast to the progress toward profitability in the previous fiscal year, the cumulative third quarter under review saw operating, ordinary and net income all turn into losses due to lower net sales and higher general and administrative expenses, among other factors. - FY2018-Q2WorsenedAnnual report
「In terms of earnings, due to lower net sales and other factors, the company recorded an operating loss of ¥421 million (operating income of ¥143 million in the same period of the previous year), an ordinary loss of ¥386 million (ordinary income of ¥170 million), and a quarterly net loss of ¥228 million (net income of ¥107 million).」
In contrast to the progress toward profitability in the previous fiscal year, the cumulative second quarter under review resulted in an operating loss, ordinary loss and quarterly net loss due to lower net sales and other factors. - FY2018-Q1WorsenedAnnual report
「In terms of earnings, due to lower net sales and other factors, the company recorded an operating loss of ¥544 million (a loss of ¥8 million in the same period of the previous year), an ordinary loss of ¥519 million (income of ¥11 million), and a quarterly net loss of ¥315 million (income of ¥1 million).」
In contrast to the progress toward profitability and improved margins in the previous fiscal year, the first quarter under review resulted in an operating loss, ordinary loss and quarterly net loss due to lower net sales and other factors. - FY2017SoftenedAnnual report
「The gross profit margin declined 0.5 percentage points overall to 30.2%, mainly due to lower margins in the industrial instrumentation-related business. The operating margin was 10.5%, roughly in line with the previous fiscal year.」
The quarterly results were described as a return to profitability driven by an improved operating margin. For the full year, however, the gross profit margin declined, while the operating margin was described as roughly in line with the previous fiscal year. The increase in full-year profit was attributed mainly to higher net sales and other factors. - FY2017-Q3AdvancedAnnual report
「In terms of earnings, due to higher net sales and an improved operating margin, operating income was ¥565 million (a loss of ¥198 million in the same period of the previous year), ordinary income was ¥607 million (a loss of ¥156 million), and quarterly net income was ¥397 million (a loss of ¥126 million).」
Against the backdrop of higher net sales and an improved operating margin, the company recorded operating income of ¥565 million, ordinary income of ¥607 million and quarterly net income of ¥397 million, continuing to report profits after a loss in the same period of the previous year. - FY2017-Q2First statedAnnual report
「Driven by higher revenue and improved gross profit margins, operating income was ¥143 million, compared with an operating loss of ¥391 million in the same period of the previous year; ordinary income was ¥170 million, compared with an ordinary loss of ¥367 million; and net income for the quarter was ¥107 million, compared with a net loss of ¥258 million.」
Returned to profitability in operating income, ordinary income and net income for the quarter from losses in the same period of the previous year, supported by higher revenue and improved gross profit margins.