Decline in sales and widening operating loss due to weak renovation orders
First written in FY2016-Q3. 2 of 33 entries say "Worsened", first in 2026-09-14. Latest entry: 2026-09-14.
No other company in this theme has enough history to compare yet.
- FY2026-H1Lower revenue and a wider loss due to fewer large renovation projectsAnnual report
「In the remodeling business, revenue was ¥1.096 billion, down 17.0% year on year, due to a decline in large-scale remodeling projects. In terms of profitability, the operating loss was ¥345 million, compared with an operating loss of ¥248 million in the same period of the previous year, due to lower gross profit resulting from the revenue decline and a lower gross profit margin.」
A decline in large-scale remodeling projects resulted in a 17.0% decline in revenue, while the operating loss widened due to lower gross profit and a lower margin. - FY2025-H1Revenue decline and widening loss due to a lower order backlogAnnual report
「In the remodeling business, revenue was ¥1.320 billion, down 14.7% year on year, due to the impact of a decline in the order backlog from the same period of the previous year. The operating loss was ¥248 million, compared with an operating loss of ¥170 million in the same period of the previous year.」
The decline in the order backlog resulted in a 14.7% decline in revenue, and the operating loss also widened from the same period of the previous year. - FY2024Revenue decline and narrower operating profitAnnual report
「In the remodeling business, order intake remained weak and fell below the same period of the previous year, partly due to weaker purchase intentions caused by rising prices. As a result, revenue was ¥3.992 billion, down 5.6% year on year. Despite efforts to control selling, general and administrative expenses, operating profit was ¥15 million, down 38.4% year on year.」
Weaker purchase intentions caused by rising prices and weak order intake resulted in a 5.6% decline in revenue, while operating profit also fell 38.4%. The company nevertheless remained profitable for the full fiscal year. - FY2024-Q1Significantly lower revenue, wider operating lossAnnual report
「In the remodeling business, revenue was ¥709 million, down 27.2% year on year, due to a decline in the order backlog from the same period of the previous year and weak order intake during the period. Despite efforts to control selling, general and administrative expenses, the operating loss was ¥100 million, compared with an operating loss of ¥62 million in the same period of the previous year.」
A decline in the order backlog and weak order intake during the period resulted in a 27.2% decline in revenue. Despite controlling selling, general and administrative expenses, the operating loss widened. - FY2023-Q3Revenue growth and narrower operating lossAnnual report
「In the remodeling business, order intake fell below the same period of the previous year, but deliveries of large-scale remodeling projects, mainly renovations to improve housing performance, and condominium remodeling projects progressed steadily. As a result, revenue was ¥2.741 billion, up 4.9% year on year, and the operating loss was ¥208 million, compared with an operating loss of ¥216 million in the same period of the previous year.」
Order intake fell below the same period of the previous year, while steady deliveries of large-scale and condominium remodeling projects resulted in 4.9% revenue growth and a narrower operating loss. - FY2023-Q2Higher revenue from large renovations and a narrower lossAnnual report
「In the renovation business, revenue increased to ¥173.6 million, up 17.9% year on year, as large renovations, primarily renovations to improve home performance, progressed steadily. Operating loss was ¥179 million, compared with an operating loss of ¥239 million in the same period of the previous year.」
Large renovations, primarily renovations to improve home performance, progressed steadily, resulting in 17.9% revenue growth and a narrower operating loss. - FY2023-Q1Higher revenue and a narrower loss due to progress on large renovationsAnnual report
「Renovation revenue was ¥97.4 million, up 15.9% year on year, as completion and delivery of large renovations, primarily renovations to improve home performance, progressed steadily. Operating loss was ¥62 million, compared with an operating loss of ¥73 million in the same period of the previous year.」
Completion and delivery of large renovations, primarily renovations to improve home performance, progressed, resulting in 15.9% revenue growth and a narrower operating loss. - FY2022Full-year profitability and revenue growthAnnual report
「Renovation revenue was ¥437.9 million, up 12.6% year on year, as the order backlog increased and orders, particularly for renovations to improve home performance, progressed steadily. Operating profit was ¥59 million, up 42.0% year on year.」
Revenue increased 12.6% due to a higher order backlog and steady orders for renovations to improve home performance, while operating profit increased 42.0% to ¥59 million. - FY2022-Q3Higher revenue, wider operating lossAnnual report
「Renovation revenue increased to ¥260.8 million, up 19.0% year on year, as orders, centered on renovations to improve home performance, progressed steadily. Operating loss was ¥216 million, compared with an operating loss of ¥199 million in the same period of the previous year, due in part to aggressive promotional spending.」
Orders, centered on renovations to improve home performance, progressed steadily, resulting in 19.0% revenue growth, while the operating loss widened from the same period of the previous year due in part to aggressive promotional spending. - FY2022-Q2Revenue growth and narrower operating lossAnnual report
「Renovation revenue was ¥146.9 million, up 28.9% year on year, as the order backlog increased and renovations to improve home performance grew. Operating loss was ¥239 million, compared with an operating loss of ¥264 million in the same period of the previous year, as higher revenue increased gross profit.」
Revenue increased 28.9% due to higher order backlogs and growth in renovations to improve home performance, while the operating loss narrowed from ¥264 million to ¥239 million. - FY2021Full-year profitability and revenue growthAnnual report
「In the renovation business, carried-over orders from the previous fiscal year started below the previous year's level, but increased time spent at home heightened interest in more comfortable homes. The company actively proposed renovations to improve home performance, and orders progressed steadily. Revenue was ¥389.0 million, up 5.6% year on year, and operating profit was ¥42 million, compared with an operating loss of ¥112 million in the same period of the previous year.」
Revenue increased 5.6% due to proposals for renovations to improve home performance and steady orders, resulting in a shift from an operating loss to operating profit of ¥42 million. - FY2021-Q3Revenue growth and narrower operating lossAnnual report
「Renovation revenue was ¥219.1 million, up 3.3% year on year. Although carried-over orders from the previous fiscal year started below the previous year's level, orders progressed steadily. Operating loss was ¥199 million, compared with an operating loss of ¥312 million in the same period of the previous year, due to higher gross profit and reductions in selling, general and administrative expenses.」
The renovation business posted 3.3% revenue growth as orders progressed steadily, while the operating loss narrowed from ¥312 million to ¥199 million. - FY2021-Q2Revenue decline and wider operating lossAnnual report
「Renovation revenue was ¥113.9 million, down 14.0% year on year, due to a decline in carried-over orders from the previous fiscal year. Although selling, general and administrative expenses were reduced, operating loss was ¥264 million, compared with an operating loss of ¥248 million in the same period of the previous year, as gross profit declined.」
Revenue decreased 14.0% due to lower carried-over orders from the previous fiscal year, and the operating loss widened from ¥248 million to ¥264 million despite reductions in selling, general and administrative expenses. - FY2021-Q1Lower revenue and a wider loss due to lower carried-over ordersAnnual report
「Renovation revenue was ¥55.1 million, down 21.9% year on year, due to a decline in carried-over orders from the previous fiscal year. Operating loss was ¥141 million, compared with an operating loss of ¥116 million in the same period of the previous year.」
Revenue decreased 21.9% due to lower carried-over orders from the previous fiscal year, and the operating loss widened from ¥116 million to ¥141 million. - FY2020Lower revenue; swing to an operating lossAnnual report
「Revenue in this business was ¥368.5 million, down 11.2% year on year, due in part to a decline in orders from the same period of the previous year. Operating loss was ¥112 million, compared with operating profit of ¥106 million in the same period of the previous year, due to lower gross profit and higher general and administrative expenses.」
The renovation business posted an 11.2% decline in revenue and shifted from operating profit in the previous year to an operating loss of ¥112 million. - FY2020-Q3Revenue decline and wider operating lossAnnual report
「Renovation revenue was ¥212.2 million, down 21.2% year on year, due to lower carried-over orders from the previous fiscal year and a decline in orders from the same period of the previous year resulting from the spread of COVID-19 and other factors. Operating loss was ¥312 million, compared with an operating loss of ¥72 million in the same period of the previous year, due to lower gross profit.」
Revenue decreased 21.2% due to lower carried-over orders from the previous fiscal year and a decline in orders caused by the spread of COVID-19 and other factors, while the operating loss widened from ¥72 million to ¥312 million. - FY2020-Q2Lower revenue and a wider loss due to the spread of COVID-19Annual report
「Renovation revenue was ¥132.5 million, down 21.2% year on year, due to lower carried-over orders from the previous fiscal year and construction delays caused by longer customer consultations, delays in contract execution and delayed delivery of materials resulting from the spread of COVID-19. Operating loss was ¥248 million, compared with an operating loss of ¥74 million in the same period of the previous year, due to lower gross profit.」
In addition to lower carried-over orders from the previous fiscal year, consultations were prolonged, contracts and material deliveries were delayed, and construction was delayed as the infection spread. Revenue decreased 21.2%, and the operating loss widened from ¥74 million to ¥248 million. - FY2020-Q1Lower carried-over orders, lower revenue and profitAnnual report
「Renovation revenue was ¥70.5 million, down 11.7% year on year, due to a decline in carried-over orders from the previous fiscal year. Operating loss was ¥116 million, compared with an operating loss of ¥44 million in the same period of the previous year, as lower revenue reduced gross profit.」
Revenue decreased 11.7% due to lower carried-over orders from the previous fiscal year, and the operating loss widened from ¥44 million in the same period of the previous year to ¥116 million. - FY2019Full-year profitability and revenue growthAnnual report
「In the renovation business, the company promoted proposals and focused on sales of highly durable, high-value-added products, including insulation and seismic renovations. …Revenue in this business was ¥415.1 million, up 21.2% from the previous consolidated fiscal year, due to the delayed delivery of properties affected by typhoons, earthquakes and other factors and an increase in deliveries of large renovations. Operating profit was ¥106 million, compared with an operating loss of ¥131 million in the previous consolidated fiscal year, as revenue increased.」
The company continued proposing and selling highly durable, high-value-added products. Revenue increased 21.2% due to delayed deliveries and an increase in large renovations, resulting in a shift to operating profitability. - FY2019-Q3Significant revenue growth and a reduction in operating lossAnnual report
「Renovation revenue was ¥269.2 million, up 34.2% year on year, due to the delayed delivery of properties affected by typhoons, earthquakes and other factors and an increase in deliveries of large renovations. Operating loss was ¥72 million, compared with an operating loss of ¥325 million in the same quarter of the previous year, as revenue increased.」
Revenue increased 34.2% due to the delayed delivery of properties affected by natural disasters and an increase in deliveries of large renovations, while the operating loss narrowed from ¥325 million to ¥72 million. - FY2019-Q2Significant revenue growth and a reduction in operating lossAnnual report
「Orders in the renovation business during the second quarter progressed steadily compared with the same quarter of the previous year, as the company focused on selling highly durable, high-value-added products. Revenue was ¥168.3 million, up 48.9% year on year, as properties scheduled for delivery in the previous period were delivered in the current period due to the impact of typhoons, earthquakes and other factors, and deliveries of large renovations increased. Operating loss was ¥74 million, compared with an operating loss of ¥290 million in the same quarter of the previous year, as revenue increased.」
Orders progressed steadily as the company focused on selling highly durable, high-value-added products. Revenue increased 48.9% due to the delayed delivery of properties affected by natural disasters and an increase in deliveries of large renovations, while the operating loss narrowed. - FY2019-Q1Revenue growth and narrower operating lossAnnual report
「In the renovation business, the company promoted consultative sales through community-based sales activities, sought to improve awareness through information dissemination on social media, and focused on selling highly durable, high-value-added products. Orders in the first quarter of the current consolidated cumulative period progressed steadily compared with the same quarter of the previous year. …Revenue in this business was ¥79.8 million, up 22.1% year on year, as properties scheduled for delivery in the previous period were delivered in the current period due to the impact of typhoons, earthquakes and other factors, and deliveries of large properties increased. Operating loss was ¥44 million, compared with an operating loss of ¥107 million in the same quarter of the previous year, due to lower selling, general and administrative expenses.」
The company advanced consultative sales, information dissemination through social media, and sales of highly durable, high-value-added products, and orders progressed steadily. Revenue increased 22.1% due to deliveries of large properties and other factors, while the operating loss narrowed. - FY2018Higher orders and carried-over orders, but lower revenue and a lossAnnual report
「In the renovation business, the company focused on selling durable products with improved insulation and seismic performance and promoted sales by strengthening its sales capabilities. As a result, orders increased from the previous consolidated fiscal year, raising the volume carried over into the next period. …Revenue in this business was…¥342.6 million, down 5.5% from the previous consolidated fiscal year. …Operating loss was ¥131 million, compared with operating profit of ¥27 million in the previous consolidated fiscal year.」
Orders and carryovers into the next period increased, but revenue decreased 5.5% due to construction delays and other factors, resulting in a shift from operating profit to an operating loss. - FY2018-Q3Revenue decline and wider operating lossAnnual report
「In the renovation business, revenue was ¥200.6 million, down 6.2% year on year, as orders in the first quarter of the current consolidated fiscal year declined from the previous year. Operating loss was ¥325 million, compared with an operating loss of ¥217 million in the same quarter of the previous year, due to a decline in gross margin.」
Revenue decreased 6.2% due to lower first-quarter orders, and the operating loss widened from ¥217 million in the same period of the previous year to ¥325 million, partly due to a decline in gross margin. - FY2018-Q2Revenue decline and wider operating lossAnnual report
「In the renovation business, the company focused on selling durable products with improved insulation and seismic performance and promoted sales by strengthening its sales capabilities. Revenue was ¥113.0 million, down 8.9% year on year, as efforts to expand orders did not fully make up for the delay in the first quarter of the current consolidated fiscal year. Operating loss was ¥290 million, compared with an operating loss of ¥215 million in the same quarter of the previous year.」
The company advanced sales of products with high insulation, seismic and durability performance and strengthened its sales capabilities, but could not make up for the first-quarter delay. Revenue decreased 8.9% and the operating loss widened. - FY2018-Q1Revenue growth and narrower operating lossAnnual report
「In the renovation business, the company focused on selling durable products with improved insulation and seismic performance, while establishing condominium renovation sections in each region to expand condominium renovation sales.」
Renovation revenue increased 23.0% year on year as deliveries of carried-over projects progressed, and the operating loss narrowed from ¥131 million to ¥107 million. - FY2017-Q3Revenue decline and wider operating lossAnnual report
「Revenue was ¥213.9 million, down 13.7% year on year, due to a decline in carried-over orders and delays in orders during the second quarter. Although selling, general and administrative expenses declined, operating loss was ¥217 million, compared with an operating loss of ¥126 million in the same quarter of the previous year, as lower revenue reduced gross profit.」
Revenue decreased 13.7% due to lower carried-over orders and delays in new orders, and the operating loss widened from the same period of the previous year. - FY2017-Q2Revenue decline and wider operating lossAnnual report
「Revenue was ¥124.0 million, down 17.9% year on year, due to declines in carried-over orders and new orders. Although promotional expenses declined, operating loss was ¥215 million, compared with an operating loss of ¥132 million in the same quarter of the previous year, as lower revenue reduced gross profit.」
Revenue decreased 17.9% due to declines in carried-over orders and new orders, and the operating loss widened from the same quarter of the previous year. - FY2017-Q1Significantly lower revenue, wider operating lossAnnual report
「Revenue was ¥53.2 million, down 36.6% year on year, due to a decline in orders carried over from the previous fiscal year and delays in starting construction on carried-over projects caused by weather conditions. Although selling, general and administrative expenses declined, operating loss was ¥131 million, compared with an operating loss of ¥17 million in the same quarter of the previous year, as lower revenue reduced gross profit.」
Revenue decreased 36.6% due to lower carried-over orders and weather-related delays in starting construction, and the operating loss widened. - FY2016Lower revenue and profit, but operating profitability maintainedAnnual report
「Revenue in this business decreased from the previous consolidated fiscal year as intensifying price competition caused orders to slump. Revenue was ¥379.3 million, down 4.6% year on year. Operating profit was ¥43 million, down 72.7% year on year, due to lower revenue and higher promotional expenses and other costs.」
Revenue continued to decline due to price competition and sluggish orders, but the business returned to operating profitability from an operating loss previously. Operating profit nevertheless fell 72.7%. - FY2016-Q3First statedAnnual report
「Revenue in this business decreased from the same quarter of the previous year due to sluggish orders. Revenue was ¥247.8 million, down 8.3% year on year, and operating loss was ¥126 million, compared with an operating loss of ¥29 million in the same quarter of the previous year.」
Revenue decreased 8.3% year on year due to sluggish renovation orders, and the operating loss widened.