Higher Profits Amid Declines in Order Intake and Net Sales
First written in FY2017-Q1. 5 of 39 entries say "Restated". Latest entry: 2026-08-06.
The whole theme swung hardest in 2020: 7 of 15 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- 2026-08-06OtherEarnings
「Orders received totaled ¥24,050 million, up 30.4% from the same period of the previous year, driven by orders for new substation construction, extra-high-voltage receiving and transforming equipment work at recycling plants aimed at decarbonization and the realization of a circular economy, construction work to establish a liquefied hydrogen supply chain, and repair work that increased as a result of establishing a permanent presence at oil refineries.」
Orders received, revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all increased year on year. - FY2026Orders received, net sales and profit increased from the previous fiscal yearAnnual report
「For the fiscal year, the Group recorded orders of ¥106,593 million, up 16.5% year on year, net sales of ¥83,083 million, up 22.7%, operating income of ¥4,737 million, up 77.8%, ordinary income of ¥5,518 million, up 65.1%, and net income attributable to owners of the parent of ¥4,287 million, up 47.9%.」
Orders, net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year. - FY2026-H1Orders received, net sales and profit increased year on yearAnnual report
「Orders for the first six months of the fiscal year amounted to ¥51,543 million, up 36.3% year on year, due to orders for safety-related construction at nuclear facilities, decommissioning-related work at the Fukushima Daiichi Nuclear Power Station, new and expanded substation equipment construction, electric furnace-related work at steel mills for decarbonization, electrical equipment work at public facilities, on-site PPA equipment in the solar field, renewal of publicly operated hydroelectric power facilities and other work. Net sales increased 12.3% to ¥34,283 million due to progress in decommissioning-related work at the Fukushima Daiichi Nuclear Power Station, new and expanded substation equipment construction, battery-related plant construction, refinery maintenance and new power-generation equipment construction at chemical plants. In terms of profits, operating income was ¥1,180 million, compared with an operating loss of ¥249 million in the same period of the previous year, and ordinary income was ¥1,391 million, up 470.7%, due to higher net sales, continued efforts since the previous fiscal year to focus order-taking activities on profitability, and improved margins resulting from fewer nonconforming and unprofitable construction projects. Interim net income attributable to owners of the parent increased 136.3% to ¥1,489 million due to the recognition of extraordinary income from the sale of rental properties and cross-shareholdings to improve asset efficiency.」
Orders increased 36.3% and net sales increased 12.3%, while operating income turned from a loss in the same period of the previous year to a profit. Ordinary income and interim net income attributable to owners of the parent also increased. - FY2025Orders increased substantially, but net sales and profits declinedAnnual report
「For the fiscal year, the Group recorded orders of ¥91,466 million, up 42.5% year on year, net sales of ¥67,722 million, down 23.5%, operating income of ¥2,665 million, down 32.7%, ordinary income of ¥3,342 million, down 35.9%, and net income attributable to owners of the parent of ¥2,900 million, down 2.0%.」
Orders increased 42.5% year on year, while net sales declined 23.5%, operating income declined 32.7% and ordinary income declined 35.9%. - FY2025-H1Orders received increased, but revenue and profit decreasedAnnual report
「Orders amounted to ¥37,827 million, up 36.1% year on year, due to orders for chemical plant expansion, refinery maintenance, air-conditioning work at public facilities, on-site PPA equipment in the solar field, business continuity planning measures, disaster recovery work following torrential rains, decarbonization modification work at a new thermal power plant generated through synergies with the overseas subsidiary's parts manufacturing business, preparations for the restart of nuclear power plants and other work. Net sales, meanwhile, declined 26.1% to ¥30,541 million, despite progress in solar power equipment installation and new and expanded substation equipment construction, as safety-related construction at nuclear power plants and thermal power plant construction ran their course and work related to treated water from the Fukushima Daiichi Nuclear Power Station was completed. Due to the decline in net sales and the higher cost ratio, including increased subcontracting costs resulting from labor shortages, an operating loss of ¥249 million was recorded, compared with operating income of ¥1,002 million in the same period of the previous year.」
Orders increased, but net sales declined, and the higher cost ratio, including increased subcontracting costs resulting from labor shortages, resulted in a shift to an operating loss. - FY2024Orders received declined, but net sales and profit increasedAnnual report
「For the fiscal year, the Group recorded orders of ¥64,168 million, down 11.7% year on year, net sales of ¥88,467 million, up 11.9%, operating income of ¥3,959 million, up 14.5%, ordinary income of ¥5,212 million, up 88.1%, and net income attributable to owners of the parent of ¥2,960 million, up 39.6%.」
For the full year, orders declined, while net sales, operating income, ordinary income and net income attributable to owners of the parent all increased. - FY2024-Q3Orders received declined, but net sales and profit increasedAnnual report
「Orders for the first nine months of the fiscal year declined 18.0% year on year to ¥41,269 million. Although orders were received for electrical equipment work at large public facilities, new substation construction, electrical instrumentation work for factory equipment, renewal of receiving and transforming equipment, biomass fuel sales and other work, construction of biomass and solar power plants declined. Net sales increased 11.3% to ¥63,648 million due to progress in biomass power plant construction, hydroelectric power station renewal work and decommissioning-related work at the Fukushima Daiichi Nuclear Power Station, as well as electricity sales revenue from the biomass power plant owned by the Group that began commercial operations in October 2022. The cost ratio improved due to higher net sales and the transition from the cost recovery method to the percentage-of-completion method following the determination of contract amounts for construction projects to which the cost recovery method had been applied. Operating income therefore increased 82.4% to ¥2,912 million. Ordinary income increased 232.2% to ¥3,735 million due to foreign exchange gains associated with currency movements and gains on valuation of derivatives. Quarterly net income attributable to owners of the parent increased 111.3% to ¥2,111 million.」
Orders declined 18.0% year on year, while net sales increased 11.3% and operating income, ordinary income and quarterly net income attributable to owners of the parent all increased. - FY2024-Q2Orders and net sales increased, operating income and net income declined, and ordinary income increasedAnnual report
「Orders for the first six months of the fiscal year increased 9.6% year on year to ¥27,790 million due to orders for electrical equipment work at large public facilities, new substation construction, solar power and battery storage equipment installation, biomass fuel sales and other work. Net sales increased 9.5% to ¥41,344 million due to progress in biomass power plant construction, large-scale power-generation equipment renewal projects for steel mills and decommissioning-related work at the Fukushima Daiichi Nuclear Power Station, as well as electricity sales revenue from the biomass power plant owned by the Group that began commercial operations in October of the previous year. Despite the increase in net sales, the cost ratio rose due to the recognition of provisions for losses on construction contracts, including rework costs related to welding defects in the fixed fire-extinguishing equipment piping at Unit 6 of the Kashiwazaki-Kariwa Nuclear Power Station, and progress on construction projects to which the cost recovery method was applied. As a result, operating income was ¥1,002 million, down 28.9% year on year. Ordinary income increased 19.1% to ¥1,728 million due to foreign exchange gains associated with currency movements and gains on valuation of derivatives. After deducting the portion attributable to non-controlling interests from quarterly net income, quarterly net income attributable to owners of the parent was ¥818 million, down 7.7%.」
Orders and net sales increased, while operating income and quarterly net income attributable to owners of the parent declined. Ordinary income increased due to foreign exchange gains and gains on valuation of derivatives. - FY2024-Q1Orders and net sales increased, operating income and net income declined, and ordinary income increasedAnnual report
「Orders for the first three months of the fiscal year increased 27.9% year on year to ¥13,995 million due to orders for electrical equipment work at large public facilities, substation equipment construction and safety-related construction at nuclear power plants. Net sales increased 6.8% to ¥20,295 million due to progress in decommissioning-related work at the Fukushima Daiichi Nuclear Power Station and maintenance work on thermal power-generation equipment, as well as electricity sales revenue from the biomass power plant owned by the Group that began commercial operations in October of the previous year. In terms of profits, the cost ratio increased due to progress on construction projects to which the cost recovery method was applied, resulting in operating income of ¥376 million, down 30.9% year on year. Ordinary income increased 37.5% to ¥828 million due to foreign exchange gains associated with currency movements and gains on valuation of derivatives. Quarterly net income attributable to owners of the parent was ¥231 million, down 31.7%.」
Orders and net sales increased, while operating income and quarterly net income attributable to owners of the parent declined due to the higher cost ratio. Ordinary income increased due to foreign exchange gains and gains on valuation of derivatives. - FY2023Orders declined, but net sales, operating income and net income increased, while ordinary income declinedAnnual report
「For the fiscal year, the Group recorded orders of ¥72,708 million, down 37.9% year on year, net sales of ¥79,055 million, up 8.9%, operating income of ¥3,458 million, up 9.5%, ordinary income of ¥2,770 million, down 15.0%, and net income attributable to owners of the parent of ¥2,120 million, up 72.8%.」
For the full year, orders declined substantially, while net sales, operating income and net income attributable to owners of the parent increased and ordinary income declined. - FY2023-Q3Orders declined, but net sales, operating income and net income increased, while ordinary income declinedAnnual report
「Orders for the first nine months of the fiscal year declined 38.3% year on year to ¥50,336 million. Although construction of solar and biomass power plants increased, orders declined due to decreases in long-term operation and maintenance contracts for biomass power plants and decommissioning-related work at the Fukushima Daiichi Nuclear Power Station. Net sales, meanwhile, increased 15.3% to ¥57,188 million due to progress in maintenance work and large-scale construction at thermal power plants, decommissioning-related work at the Fukushima Daiichi Nuclear Power Station, and hydroelectric power station and power transmission and distribution facility construction.」
Orders declined 38.3% year on year, while net sales increased 15.3%, operating income increased 26.0% and quarterly net income attributable to owners of the parent increased 27.0%. Ordinary income declined 14.8% due to losses on valuation of derivatives. - FY2023-Q2Orders declined, but net sales and profits increased substantiallyAnnual report
「Orders for the first six months of the fiscal year declined 49.1% year on year to ¥25,346 million due to decreases in large-scale construction and maintenance work at thermal power plants and decommissioning-related work at the Fukushima Daiichi Nuclear Power Station. Net sales, meanwhile, increased 33.6% to ¥37,771 million due to increases in maintenance work and large-scale construction of thermal power-generation equipment, including work to restart idled thermal power plants to ensure a stable power supply, as well as progress in hydroelectric power station and substation construction. The substantial increase in net sales resulted in operating income of ¥1,410 million, up 696.7% year on year, ordinary income of ¥1,451 million, up 569.2%, and quarterly net income attributable to owners of the parent of ¥886 million, up 792.9%.」
Orders declined 49.1% year on year, while net sales increased 33.6% and operating income, ordinary income and quarterly net income attributable to owners of the parent all increased substantially. - FY2023-Q1Orders declined, but net sales and profits turned positiveAnnual report
「Orders for the first three months of the fiscal year amounted to ¥10,943 million, down 27.6% year on year. Although thermal power-generation equipment construction increased as a result of the business succession through a company split carried out in the previous fiscal year, orders declined due to decreases in decommissioning-related work at the Fukushima Daiichi Nuclear Power Station and inspection and maintenance work at hydroelectric power stations and substations. Net sales, meanwhile, increased 75.8% to ¥18,994 million due to increases in maintenance work on thermal power-generation equipment and large-scale construction projects, including transferred work. In terms of profits, although depreciation expenses for customer-related assets and other assets associated with the business succession and additional rework costs related to welding defects at Unit 7 of the Kashiwazaki-Kariwa Nuclear Power Station were recorded, the substantial increase in net sales resulted in operating income of ¥544 million, compared with an operating loss of ¥358 million in the same period of the previous year, ordinary income of ¥602 million, compared with an ordinary loss of ¥263 million, and quarterly net income attributable to owners of the parent of ¥339 million, compared with a quarterly net loss attributable to owners of the parent of ¥202 million.」
Orders declined 27.6% year on year, while net sales increased 75.8%, and operating income, ordinary income and quarterly net income attributable to owners of the parent all turned from losses in the same period of the previous year to profits. - FY2022Orders received and net sales increased, but profit declinedAnnual report
「For the fiscal year, the Group recorded orders of ¥117,055 million, compared with ¥80,162 million in the previous fiscal year, net sales of ¥72,578 million, compared with ¥59,514 million, operating income of ¥3,158 million, compared with ¥4,104 million, ordinary income of ¥3,257 million, compared with ¥3,920 million, and net income attributable to owners of the parent of ¥1,226 million, compared with ¥2,747 million.」
Orders and net sales exceeded the previous fiscal year's levels, while operating income, ordinary income and net income attributable to owners of the parent declined. - FY2022-Q3Orders received and net sales increased, but profit declinedAnnual report
「Orders for the first nine months of the fiscal year amounted to ¥81,636 million, compared with ¥42,199 million in the same period of the previous year, due to increases in thermal power-generation equipment construction transferred from Hitachi Plant Construction Co., Ltd., decommissioning-related work at the Fukushima Daiichi Nuclear Power Station, long-term operation and maintenance contracts for biomass power plants and other work. Net sales amounted to ¥49,610 million, compared with ¥39,657 million. Although maintenance work on thermal power-generation equipment and safety-related construction at nuclear power plants declined from the previous fiscal year, large-scale thermal power-generation equipment construction, including transferred work, increased. In terms of profits, despite the increase in net sales, the high number of construction projects with high cost ratios, depreciation expenses for customer-related assets and other assets associated with the business succession, costs for entering the biomass power-generation business, and upfront investments for future growth, including improvement costs for the Thailand plant, an overseas production base, led to higher expenses. Operating income was ¥1,266 million, compared with ¥2,162 million, ordinary income was ¥1,320 million, compared with ¥2,214 million, and quarterly net income attributable to owners of the parent was ¥786 million, compared with ¥1,517 million.」
Orders and net sales increased, while operating income, ordinary income and quarterly net income attributable to owners of the parent all declined year on year due to construction projects with high cost ratios, depreciation expenses associated with the business succession, costs for entering the biomass business, improvement costs for the Thailand plant and other upfront investments and higher expenses. - FY2022-Q2Orders received and net sales increased, but profit declinedAnnual report
「Orders for the first six months of the fiscal year amounted to ¥49,812 million, compared with ¥26,871 million in the same period of the previous year, due to increases in decommissioning-related work at the Fukushima Daiichi Nuclear Power Station, thermal power-generation equipment construction, large-scale power-generation equipment renewal projects for steel mills and other work. Net sales amounted to ¥28,281 million, compared with ¥25,750 million, due in part to the concentration of thermal power-generation equipment construction, including construction work transferred from Hitachi Plant Construction Co., Ltd. In terms of profits, despite the increase in net sales, the early recognition of construction projects with high cost ratios, costs for entering the renewable energy field, and upfront investments for future growth, including goodwill and depreciation expenses at the Thailand plant, an overseas production base, reduced earnings. In addition, expenses increased due to the active resumption of sales and other activities that had been restrained during the COVID-19 pandemic in the previous fiscal year. Operating income was ¥185 million, compared with ¥1,590 million, ordinary income was ¥224 million, compared with ¥1,629 million, and quarterly net income attributable to owners of the parent was ¥76 million, compared with ¥1,098 million.」
Orders and net sales increased, but profits declined substantially due to the early recognition of construction projects with high cost ratios, costs for entering the renewable energy field, and depreciation expenses related to the business succession and the Thailand plant. - FY2022-Q1Orders increased, while net sales and profits declined, resulting in a shift to lossesAnnual report
「Orders for the first three months of the fiscal year increased to ¥15,107 million, up 55.7% year on year, due to increases in decommissioning-related work at the Fukushima Daiichi Nuclear Power Station and large-scale power-generation equipment renewal projects for steel mills. Net sales, meanwhile, declined to ¥10,804 million, compared with ¥12,622 million in the same period of the previous year, as the decrease in cogeneration equipment construction and periodic inspection work on thermal power-generation equipment more than offset the increase in thermal power-generation equipment construction. In terms of profits, construction work expected to be recognized as revenue in the first quarter was deferred to the second quarter or later due to extended construction periods and other factors, reducing net sales. In addition, although costs are leveled out over the full year, construction projects with particularly high cost ratios were recognized as revenue earlier in the first half of the fiscal year. As a result, losses were recorded for the quarter: an operating loss of ¥358 million, an ordinary loss of ¥263 million and a quarterly net loss attributable to owners of the parent of ¥202 million.」
Orders increased 55.7% year on year, while net sales declined due to extended construction periods, a decrease in periodic inspection work and other factors, as well as the early recognition of construction projects with high cost ratios. Operating income, ordinary income and quarterly net income attributable to owners of the parent all turned into losses. - FY2021Orders received increased and net sales declined, while profit increasedAnnual report
「For the fiscal year, the Group recorded orders of ¥80,162 million, up 25.2% year on year, net sales of ¥59,514 million, down 10.5%, operating income of ¥4,104 million, up 4.7%, ordinary income of ¥3,920 million, up 0.5%, and net income attributable to owners of the parent of ¥2,747 million, up 15.6%.」
For the full year, orders increased 25.2% and net sales declined 10.5%, while operating income, ordinary income and net income attributable to owners of the parent all increased. - FY2021-Q3Orders received increased, net sales declined and profit increasedAnnual report
「Orders received for the cumulative third quarter of the consolidated fiscal year under review amounted to ¥42.199 billion, up 10.8% year on year. Although plans for solar power generation equipment construction projects were extended due to natural disasters in previous fiscal years, this was offset by increases in thermal power generation equipment construction and other projects. Net sales decreased 11.6% to ¥39.657 billion, as declines in thermal and solar power generation equipment construction projects and the postponement or cancellation of construction plans due to the spread of COVID-19 outweighed increases in safety-related construction at nuclear power plants and cogeneration equipment construction. In terms of profit, despite the decline in net sales, efforts to strengthen cost control resulted in operating profit of ¥2.162 billion, up 13.7% year on year, and ordinary profit of ¥2.214 billion, up 7.0%. Profit attributable to owners of the parent for the quarter was ¥1.517 billion, up 26.6%.」
Orders received increased 10.8% year on year and net sales declined 11.6%, while operating profit, ordinary profit and profit attributable to owners of the parent all increased. - FY2021-Q2Orders received edged up, net sales declined and profit increasedAnnual report
「Orders received for the cumulative second quarter of the consolidated fiscal year under review amounted to ¥26.871 billion, up 0.2% year on year. Although construction projects for cogeneration equipment, thermal power generation equipment and solar power generation equipment declined, this was offset by increases in periodic inspection work for thermal power generation equipment and safety-related construction at nuclear power plants. Net sales decreased 9.4% to ¥25.750 billion due to declines in thermal power generation equipment construction and solar power generation equipment construction. In terms of profit, despite the decline in net sales, improved profitability from process improvements and the relatively small number of projects with high cost ratios resulted in operating profit of ¥1.590 billion, up 77.1% year on year, ordinary profit of ¥1.629 billion, up 60.9%, and profit attributable to owners of the parent for the quarter of ¥1.098 billion, up 63.3%.」
Orders received edged up 0.2% year on year, while net sales declined 9.4% and operating profit, ordinary profit and profit attributable to owners of the parent for the quarter increased. - FY2021-Q1Orders received and net sales declined, while profit increasedAnnual report
「Orders received for the cumulative first quarter of the consolidated fiscal year under review amounted to ¥9.701 billion, down 27.3% year on year, due to declines in cogeneration equipment construction, thermal power generation equipment construction and other projects. Net sales amounted to ¥12.622 billion, down 10.1%, as declines in solar and thermal power generation equipment construction projects outweighed progress in nuclear power plant safety-related construction. In terms of profit, in addition to efforts to reduce costs, the relatively small number of projects with high variable-cost ratios resulted in operating profit of ¥691 million, up 194.1% year on year, ordinary profit of ¥785 million, up 131.4%, and profit attributable to owners of the parent for the quarter of ¥518 million, up 137.6%.」
Orders received and net sales declined year on year, while operating profit, ordinary profit and profit attributable to owners of the parent for the quarter increased significantly. - FY2020Orders received, net sales and profit declined from the previous fiscal yearAnnual report
「For the consolidated fiscal year, orders received were ¥64.012 billion, down 13.1% from the previous fiscal year; net sales were ¥66.520 billion, down 3.1%; operating profit was ¥3.918 billion, down 18.7%; ordinary profit was ¥3.899 billion, down 22.5%; and profit attributable to owners of the parent was ¥2.376 billion, down 32.3%.」
For the full fiscal year, orders received, net sales, operating profit, ordinary profit and profit attributable to owners of the parent all declined from the previous fiscal year. - FY2020-Q3Orders received declined, but net sales and profit increasedAnnual report
「Orders received for the cumulative third quarter of the consolidated fiscal year under review amounted to ¥38.085 billion, down 26.7% year on year, due to declines in thermal power generation equipment construction projects and the postponement of inspection and repair work. Net sales, however, increased 4.5% to ¥44.878 billion, as construction projects for thermal and solar power generation equipment increased, despite the extension of some decommissioning-related work at the Fukushima Daiichi Nuclear Power Station. In terms of profit, the increase in net sales and other factors resulted in operating profit of ¥1.902 billion, up 61.3% year on year, and ordinary profit of ¥2.069 billion, up 51.9%.」
Orders received declined 26.7% year on year, while net sales increased 4.5% and operating profit and ordinary profit increased 61.3% and 51.9%, respectively. - FY2020-Q2Orders received declined, but net sales and profit increasedAnnual report
「Orders received for the cumulative second quarter of the consolidated fiscal year under review amounted to ¥26.822 billion, down 13.7% year on year, due to declines in thermal power generation equipment construction projects and the postponement of inspection and repair work. Net sales increased 7.5% to ¥28.428 billion, as construction projects for thermal and solar power generation equipment increased, despite the extension of some decommissioning-related work at the Fukushima Daiichi Nuclear Power Station. In terms of profit, the increase in net sales and other factors resulted in operating profit of ¥898 million, up 39.7% year on year, ordinary profit of ¥1.013 billion, up 29.8%, and profit attributable to owners of the parent for the quarter of ¥672 million, up 30.3%.」
Orders received declined 13.7% due to a decrease in thermal power generation equipment construction projects and the postponement of inspection and repair work, while net sales increased 7.5% and operating profit, ordinary profit and net profit also increased. - FY2020-Q1Orders received declined, but net sales and profit increasedAnnual report
「Orders received for the cumulative first quarter of the consolidated fiscal year under review amounted to ¥13.344 billion, down 9.3% year on year. Although orders increased for cogeneration equipment construction and solar power generation equipment construction, among other projects, this was more than offset by a decline in thermal power generation equipment construction projects. Net sales, however, increased 31.0% to ¥14.046 billion, due to increases in solar and thermal power generation equipment construction projects. In terms of profit, the increase in net sales and other factors resulted in operating profit of ¥235 million, up 303.7% year on year, ordinary profit of ¥339 million, up 77.8%, and profit attributable to owners of the parent for the quarter of ¥218 million, up 73.2%.」
Orders received decreased 9.3% year on year, while net sales increased 31.0% and operating profit, ordinary profit and profit attributable to owners of the parent for the quarter also increased. - FY2019Orders received and profit increased, while net sales edged downAnnual report
「For the consolidated fiscal year, orders received were ¥73.678 billion, up 4.9% from the previous fiscal year; net sales were ¥68.644 billion, down 0.1%; operating profit was ¥4.822 billion, up 14.7%; ordinary profit was ¥5.031 billion, up 15.5%; and profit attributable to owners of the parent was ¥3.508 billion, up 20.8%.」
For the full fiscal year, orders received and operating profit, ordinary profit and net profit increased from the previous fiscal year, while net sales declined 0.1%. - FY2019-Q3RestatedAnnual report
「Orders received for the cumulative third quarter of the consolidated fiscal year under review amounted to ¥51.951 billion, down 7.5% year on year, as orders for large-scale nuclear power plant construction projects declined from the previous year. Net sales amounted to ¥42.933 billion, down 0.6%, due to the extension of safety-related construction projects at nuclear power plants and other projects. In terms of profit, in addition to the decline in net sales, deteriorating cost ratios as the company sought to expand its business areas amid a highly competitive environment also affected results. Operating profit was ¥1.179 billion, down 48.6% year on year, ordinary profit was ¥1.362 billion, down 44.0%, and profit attributable to owners of the parent for the quarter was ¥992 million, down 37.9%.」
Orders received, net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the quarter all declined year on year. - FY2019-Q2RestatedAnnual report
「Orders received for the cumulative second quarter of the consolidated fiscal year under review amounted to ¥31.087 billion, down 18.3% year on year, as a large-scale construction project originally planned for the first half was postponed to the second half. Net sales amounted to ¥26.439 billion, down 13.5%, due to the extension of some construction projects and other factors. In terms of profit, the decline in net sales resulting from the postponement of construction plans and requests for cost reductions resulted in operating profit of ¥643 million, down 70.2% year on year, ordinary profit of ¥780 million, down 65.4%, and profit attributable to owners of the parent for the quarter of ¥516 million, down 65.5%.」
Orders received, net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the quarter all declined year on year due to the postponement of a large-scale construction project to the second half and the extension of some construction projects. - FY2019-Q1Orders received, net sales and profit declined year on yearAnnual report
「Orders received for the cumulative first quarter of the consolidated fiscal year under review amounted to ¥14.705 billion, down 36.8% year on year, as orders for large-scale nuclear power plant construction projects declined from the previous year. Net sales amounted to ¥10.720 billion, down 35.0%, due to the postponement of solar power generation equipment installation projects and some projects related to nuclear power plants. In terms of profit, despite efforts to reduce costs, the decline in net sales and other factors resulted in operating profit of ¥58 million, down 93.6% year on year, ordinary profit of ¥190 million, down 80.9%, and profit attributable to owners of the parent for the quarter of ¥126 million, down 80.8%.」
Orders received, net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the quarter all declined year on year, deteriorating from the growth trend in the first quarter of the previous fiscal year. - FY2018Orders received increased, while net sales and profit declinedAnnual report
「For the consolidated fiscal year, orders received were ¥70.255 billion, up 6.2% from the previous fiscal year; net sales were ¥68.709 billion, down 6.6%; operating profit was ¥4.205 billion, down 27.9%; ordinary profit was ¥4.356 billion, down 26.8%; and profit attributable to owners of the parent was ¥2.904 billion, down 28.4%.」
For the full fiscal year, orders received increased, while net sales, operating profit, ordinary profit and profit attributable to owners of the parent all declined from the previous fiscal year. - FY2018-Q3Orders received and net sales increased, but profit declinedAnnual report
「As a result, orders received increased 43.9% year on year to ¥56.136 billion, and net sales increased 8.4% to ¥43.210 billion. In terms of profit, although efforts were made to improve productivity through more efficient personnel allocation and reduce costs, profitability deteriorated on some construction projects undertaken to expand future business areas. Operating profit decreased 15.7% year on year to ¥2.297 billion, ordinary profit decreased 13.9% to ¥2.431 billion, and profit attributable to owners of the parent for the quarter decreased 22.3% to ¥1.597 billion.」
Orders received and net sales increased year on year, while operating profit, ordinary profit and profit attributable to owners of the parent for the quarter declined. - FY2018-Q2RestatedAnnual report
「As a result, orders received increased by ¥914.5 million year on year to ¥38.028 billion, and net sales increased by ¥435.2 million to ¥30.577 billion. In terms of profit, operating profit increased by ¥220 million year on year to ¥2.161 billion, ordinary profit increased by ¥247 million to ¥2.257 billion, and profit attributable to owners of the parent for the quarter increased by ¥144 million to ¥1.496 billion, reflecting the increase in net sales and other factors.」
Orders received, net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the quarter all increased year on year. - FY2018-Q1Orders received, net sales and profit increased year on yearAnnual report
「As a result, orders received increased by ¥1.1331 billion year on year to ¥23.256 billion, and net sales increased by ¥462.8 million to ¥16.491 billion. Backlog carried forward to the next period decreased by ¥72.7 million year on year to ¥68.431 billion. In terms of profit, the increase in net sales resulted in operating profit increasing by ¥45 million year on year to ¥905 million, ordinary profit increasing by ¥67 million to ¥996 million, and profit attributable to owners of the parent for the quarter increasing by ¥23 million to ¥655 million.」
Orders received and net sales, which had declined in the first quarter of the previous fiscal year, turned upward, while operating profit, ordinary profit and profit attributable to owners of the parent for the quarter also increased year on year. - FY2017RestatedAnnual report
「Net sales decreased by ¥600 million from the previous fiscal year to ¥73.558 billion. Orders received decreased by ¥3.5639 billion to ¥66.127 billion, as orders for large-scale construction projects were concentrated in the previous fiscal year. In terms of profit, although efforts were made to improve productivity through more efficient personnel allocation and to reduce costs, the decline in net sales resulted in operating profit decreasing by ¥150 million from the previous fiscal year to ¥5.836 billion, ordinary profit decreasing by ¥122 million to ¥5.954 billion, and profit attributable to owners of the parent for the year decreasing by ¥67 million to ¥4.058 billion.」
Orders received, net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the year all declined from the previous fiscal year. - FY2017-Q3RestatedAnnual report
「Orders received decreased by ¥2.5647 billion year on year to ¥39.014 billion, due to a decline in the plant and equipment construction business. Net sales decreased by ¥419.9 million year on year to ¥39.858 billion, also due to a decline in the plant and equipment construction business. Backlog carried forward to the next period increased by ¥615.9 million year on year to ¥68.252 billion. In terms of profit, although efforts were made to improve productivity through more efficient personnel allocation and to reduce costs, the decline in net sales and other factors resulted in operating profit decreasing by ¥757 million year on year to ¥2.723 billion, ordinary profit decreasing by ¥754 million to ¥2.823 billion, and profit attributable to owners of the parent for the quarter decreasing by ¥314 million to ¥2.055 billion.」
Orders received, net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the quarter all declined year on year. Backlog carried forward to the next period, however, increased year on year. - FY2017-Q2Profit also declined year on yearAnnual report
「As a result, orders received decreased by ¥1.9079 billion year on year to ¥28.883 billion, while net sales decreased by ¥2.746 billion to ¥26.224 billion. In terms of profit, although efforts were made to improve productivity through more efficient personnel allocation and to reduce costs, the decline in net sales and other factors resulted in operating profit decreasing by ¥402 million year on year to ¥1.940 billion, ordinary profit decreasing by ¥399 million to ¥2.010 billion, and profit attributable to owners of the parent for the quarter decreasing by ¥247 million to ¥1.351 billion.」
Unlike the previous quarterly report, which showed year-on-year profit growth, orders received, net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the quarter all declined year on year in the cumulative period under review. - FY2017-Q1First statedAnnual report
「Orders received decreased by ¥590.9 million year on year to ¥11.924 billion, due to a decline in the plant and equipment construction business. Net sales decreased by ¥594 million year on year to ¥11.862 billion, also due to a decline in the plant and equipment construction business. In terms of profit, as a result of efforts to strengthen cost control and reduce various expenses, operating profit increased by ¥265 million year on year to ¥859 million, ordinary profit increased by ¥269 million to ¥929 million, and profit attributable to owners of the parent for the quarter increased by ¥176 million to ¥632 million.」
Orders received and net sales declined year on year, while operating profit, ordinary profit and profit attributable to owners of the parent for the quarter increased.