Securing Profitability and Strengthening the Management, Financial and Business Foundations
First written in FY2016. 20 of 37 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.
Nitten moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 10 of 45 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Operating profit decreased 90.2% year on year to ¥52 million, despite higher profit in the feed, agricultural materials and other businesses, mainly due to lower profit in the sugar business.」
While the growth and other businesses recorded higher profit, lower profit in the sugar business caused operating profit to decrease 90.2% year on year to ¥52 million, indicating substantial deterioration in earnings power. - FY2026-H1WorsenedAnnual report
「Revenue for the first six months of the current interim consolidated fiscal year increased 13.0% year on year to ¥32,978 million, mainly due to higher sales in the sugar business. Although profit and loss improved in the feed and agricultural materials businesses, deterioration in the sugar and real estate businesses resulted in an operating loss of ¥148 million, compared with operating profit of ¥502 million in the year-earlier period. Interim profit attributable to owners of the parent decreased 79.6% to ¥1,184 million, as the impact of the gain on the sale of fixed assets recorded in the previous fiscal year was no longer present, despite a gain on the sale of investment securities being recorded as an extraordinary gain.」
While revenue increased, deterioration in profit and loss in the sugar and real estate businesses caused operating profit to change from profit of ¥502 million in the year-earlier period to a loss of ¥148 million, indicating deterioration in operating and ordinary earnings power. - FY2025WorsenedAnnual report
「Operating profit decreased 41.2% year on year to ¥535 million, while ordinary profit decreased 37.6% to ¥1,124 million, with an ordinary profit margin on revenue of 1.74%, resulting in a very challenging outcome.」
The ordinary profit margin on revenue declined from 3.07% in the previous fiscal year to 1.74%, widening the gap from the 4% target. Operating profit and ordinary profit also fell below the previous fiscal year. - FY2025-H1WorsenedAnnual report
「Revenue for the first six months of the current interim consolidated fiscal year decreased 10.0% year on year to ¥29,182 million, mainly due to lower sales in the sugar business. Ordinary profit decreased 57.3% to ¥759 million due to deterioration in profit and loss in the sugar and agricultural materials businesses, while interim profit attributable to owners of the parent increased 366.7% to ¥5,816 million due to the sale of fixed assets.」
Revenue and ordinary profit fell below the year-earlier period, with ordinary profit decreasing 57.3%. Meanwhile, interim profit increased due to the sale of fixed assets, combining deterioration in operating and ordinary earnings power with a temporary increase in profit from asset sales. - FY2024WorsenedAnnual report
「The ordinary profit margin on revenue for the consolidated fiscal year was 2.60%, compared with 3.07% in the previous fiscal year. Higher manufacturing costs put pressure on profit, resulting in a decline of 0.47 percentage points from the previous consolidated fiscal year. We will continue working to achieve the 4% target.」
The ordinary profit margin on revenue declined from 3.07% in the previous fiscal year to 2.60%, widening the gap from the 4.0% target. - FY2024-Q3AdvancedAnnual report
「Revenue for the first nine months of the current consolidated fiscal year increased 7.3% year on year to ¥51,423 million, mainly due to higher sales in the sugar business. Ordinary profit increased 31.0% to ¥1,206 million due partly to higher dividend income, while profit attributable to owners of the parent increased 32.9% to ¥785 million.」
Revenue, ordinary profit and profit attributable to owners of the parent all exceeded the year-earlier period for the first nine months, reporting measurable progress in earnings power. - FY2024-Q2AdvancedAnnual report
「Revenue for the first six months of the current consolidated fiscal year increased 6.3% year on year to ¥32,408 million, mainly due to higher sales in the sugar business. Ordinary profit increased 24.5% to ¥1,776 million due to higher profit in the sugar business, while profit attributable to owners of the parent increased 27.0% to ¥1,246 million.」
Revenue, ordinary profit and profit attributable to owners of the parent all exceeded the year-earlier period for the first six months, reporting measurable progress in earnings power. - FY2024-Q1WorsenedAnnual report
「Revenue for the first quarter of the current consolidated cumulative period increased 7.1% year on year to ¥16,455 million, mainly due to higher sales in the sugar and feed businesses. However, an inventory valuation loss on fuel inventories used in beet sugar production and other operations was recorded in cost of sales, causing ordinary profit to decrease 71.6% to ¥210 million and profit attributable to owners of the parent to decrease 75.9% to ¥118 million.」
Although revenue increased, ordinary profit decreased 71.6% year on year and profit attributable to owners of the parent decreased 75.9% due to the inventory valuation loss on fuel inventories, indicating deterioration in earnings performance. - FY2023WorsenedAnnual report
「The ordinary profit margin on revenue for the consolidated fiscal year was 3.07%, compared with 4.82% in the previous fiscal year. Rapid changes in the external environment, including surging energy costs, put pressure on profit, resulting in a decline of 1.75 percentage points from the previous consolidated fiscal year. We will continue working to achieve the 4% target.」
It states that the ordinary profit margin on revenue declined from 4.82% to 3.07%, falling below the previous 4% target. - FY2023-Q3WorsenedAnnual report
「Under these circumstances, revenue for the first nine months of the current consolidated fiscal year increased 14.5% year on year to ¥47,943 million, mainly due to higher sales in the sugar and feed businesses. Ordinary profit decreased 48.7% to ¥920 million due to deterioration in profit and loss in those businesses, while profit attributable to owners of the parent increased 13.6% to ¥591 million because the impact of the ¥675 million loss on the sale of shares in an equity-method affiliate recorded in the previous fiscal year was no longer present.」
While revenue increased, ordinary profit decreased 48.7% year on year due to deterioration in profit and loss in the sugar and feed businesses, indicating deterioration in earnings performance. - FY2023-Q2WorsenedAnnual report
「Under these circumstances, revenue for the first six months of the current consolidated fiscal year increased 16.4% year on year to ¥30,501 million, mainly due to higher sales in the sugar and feed businesses. Ordinary profit decreased 24.2% to ¥1,426 million due to deterioration in profit and loss in the sugar and feed businesses, while profit attributable to owners of the parent increased 50.3% to ¥981 million because a loss of ¥675 million on the sale of shares in an equity-method affiliate had been recorded as an extraordinary loss in the year-earlier period.」
While revenue increased, ordinary profit decreased 24.2% year on year due to deterioration in profit and loss in the sugar and feed businesses, indicating deterioration in earnings performance. - FY2023-Q1WorsenedAnnual report
「Our group entered the final year of the First 日甜 Group Medium-Term Management Plan, but achieving the target profit is expected to be extremely difficult due to sluggish sugar consumption and surging energy costs. Accordingly, we worked to promote sales while advancing cost reductions. As a result, revenue for the first quarter of the current consolidated cumulative period increased 17.8% year on year to ¥15,366 million, mainly due to higher sales in the sugar and feed businesses, but ordinary profit decreased 32.5% to ¥741 million due to lower profit in the feed business following a sharp rise in raw material prices, while profit attributable to owners of the parent decreased 35.7% to ¥492 million.」
In the final year of the medium-term management plan, achieving the profit target is expected to be extremely difficult. While revenue increased, ordinary profit and profit attributable to owners of the parent fell below the year-earlier period. - FY2022AchievedAnnual report
「The ordinary profit margin on revenue for the consolidated fiscal year was 4.82%, compared with 4.29% in the previous fiscal year, an improvement of 0.53 percentage points. This achieved both the 4% target and the 4.6% target for the fiscal year ending March 2023 under the medium-term management plan.」
It states that the ordinary profit margin on revenue was 4.82%, achieving both the regular 4.0% target and the 4.6% target for the fiscal year ending March 2023 under the medium-term management plan. - FY2022-Q3AdvancedAnnual report
「Under these circumstances, revenue for the first nine months of the current consolidated fiscal year increased 6.1% year on year to ¥41,854 million, mainly due to higher sales in the sugar and feed businesses. Ordinary profit increased 70.3% to ¥1,794 million, mainly due to improved profit and loss in the sugar business and higher profit in the feed business, while profit attributable to owners of the parent decreased 22.2% to ¥520 million because a loss on the sale of shares in an equity-method affiliate was recorded in the second quarter.」
For the first nine months, revenue increased 6.1% and ordinary profit increased 70.3%, reporting progress in earnings power due to improved profit and loss in the sugar business and higher profit in the feed business. Meanwhile, profit attributable to owners of the parent decreased 22.2% due to the loss on the sale of shares in 関門製糖. - FY2022-Q2AdvancedAnnual report
「Under these circumstances, revenue for the first six months of the current consolidated fiscal year increased 5.4% year on year to ¥26,197 million, mainly due to higher sales in the sugar and feed businesses. Ordinary profit increased 76.2% to ¥1,882 million due to improved profit and loss in the sugar business, but profit attributable to owners of the parent decreased 8.8% to ¥652 million due to a loss on the sale of shares in an equity-method affiliate.」
Revenue increased 5.4% year on year and ordinary profit increased 76.2%, indicating progress in earnings power against a backdrop of improved profit and loss in the sugar business. Meanwhile, profit attributable to owners of the parent decreased 8.8% due to a loss on the sale of shares in an affiliate. - FY2022-Q1AdvancedAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period increased 2.5% year on year to ¥13,047 million, mainly due to higher sales in the sugar and feed businesses. Ordinary profit increased 69.3% to ¥1,098 million, partly due to higher profit in the sugar business, while profit attributable to owners of the parent increased 76.9% to ¥766 million.」
Revenue, ordinary profit and profit attributable to owners of the parent all exceeded the year-earlier period in the first quarter, reporting measurable improvement in earnings power. - FY2021-Q3WorsenedAnnual report
「Under these circumstances, revenue for the first nine months of the current consolidated fiscal year decreased 5.8% year on year to ¥39,446 million due mainly to lower sales in the sugar business. Ordinary profit decreased 27.4% to ¥1,053 million, mainly due to deterioration in profit and loss in the sugar business, while profit attributable to owners of the parent decreased 31.8% to ¥668 million.」
Revenue, ordinary profit and profit attributable to owners of the parent all fell below the year-earlier period, indicating deterioration in earnings performance. - FY2021-Q2WorsenedAnnual report
「Under these circumstances, the first six months of the current consolidated fiscal year were significantly affected by lower demand for sugar. Despite efforts to reduce expenses, revenue decreased 10.1% year on year to ¥24,862 million, ordinary profit decreased 24.8% to ¥1,068 million, and profit attributable to owners of the parent decreased 27.2% to ¥715 million.」
Despite efforts to reduce expenses, revenue, ordinary profit and profit attributable to owners of the parent all fell below the year-earlier period, indicating deterioration in earnings performance. - FY2021-Q1WorsenedAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period decreased 10.5% year on year to ¥12,734 million due to lower sales in the sugar and other businesses. Ordinary profit decreased 29.5% to ¥648 million due to lower profit in the sugar business and other factors, while profit attributable to owners of the parent decreased 33.5% to ¥433 million.」
While working to achieve the financial targets of the First 日甜 Group Medium-Term Management Plan, revenue, ordinary profit and profit attributable to owners of the parent all fell below the year-earlier period, indicating deterioration in earnings performance. - FY2020AdvancedAnnual report
「Our group aims to secure ordinary profit in order to continue stable dividends and strengthen and enhance its corporate structure. We have set the ordinary profit margin on revenue as a management indicator, with a target of 4.0%. For the consolidated fiscal year, the ordinary profit margin on revenue was 3.66%, compared with 3.51% in the previous fiscal year, an improvement of 0.15 percentage points. We will continue working to reach the 4% target.」
It set a measurable target of a 4.0% ordinary profit margin on revenue, with actual performance improving by 0.15 percentage points from 3.51% in the previous fiscal year to 3.66%. - FY2020-Q3AdvancedAnnual report
「Under these circumstances, revenue for the first nine months of the current consolidated fiscal year decreased 0.6% year on year to ¥41,873 million, due mainly to lower sales in the sugar business. Ordinary profit increased 792.0% to ¥1,452 million, mainly due to improved profit and loss in the sugar business, while profit attributable to owners of the parent was ¥979 million, compared with a loss of ¥142 million in the year-earlier period.」
While revenue decreased 0.6% year on year, ordinary profit increased 792.0%, and profit attributable to owners of the parent changed from a loss in the year-earlier period to profit of ¥979 million, reporting measurable improvement in earnings power. - FY2020-Q2AdvancedAnnual report
「Under these circumstances, revenue for the first six months of the current consolidated fiscal year increased 0.3% year on year to ¥27,643 million. Ordinary profit increased 131.5% to ¥1,421 million, due mainly to higher profit in the sugar and agricultural materials businesses, while profit attributable to owners of the parent increased 102.2% to ¥983 million.」
Revenue increased 0.3% year on year, ordinary profit increased 131.5% and profit attributable to owners of the parent increased 102.2%, reporting measurable improvement in earnings power. - FY2020-Q1AdvancedAnnual report
「Under these circumstances, revenue for the first quarter of the current consolidated cumulative period decreased 1.0% year on year to ¥14,223 million, but ordinary profit increased 113.0% to ¥919 million due to higher profit in the sugar business and other factors, while profit attributable to owners of the parent increased 110.5% to ¥651 million.」
While revenue declined year on year, ordinary profit and profit attributable to owners of the parent increased 113.0% and 110.5%, respectively, reporting measurable improvement in earnings power, which had deteriorated through the previous quarter. - FY2019-Q3WorsenedAnnual report
「Under these circumstances, revenue for the first nine months of the current consolidated fiscal year decreased 1.2% year on year to ¥42,109 million, due mainly to lower sales in the sugar business. Ordinary profit decreased 84.1% to ¥162 million due to deterioration in profit and loss in the sugar business and other operations. Profit attributable to owners of the parent was a loss of ¥142 million, as compensation payments related to defects in paper tubes for beet sugar were recorded as an extraordinary loss, compared with profit of ¥582 million in the year-earlier period.」
Revenue decreased 1.2% year on year and ordinary profit decreased 84.1%. Profit attributable to owners of the parent also changed from profit of ¥582 million to a loss of ¥142 million, indicating further deterioration in earnings performance. - FY2019-Q2WorsenedAnnual report
「Under these circumstances, revenue for the first six months of the current consolidated fiscal year decreased 0.4% year on year to ¥27,564 million. Ordinary profit decreased 65.7% to ¥613 million, partly due to lower profit in the sugar business, while profit attributable to owners of the parent decreased 58.1% to ¥486 million.」
Revenue decreased 0.4% year on year, ordinary profit decreased 65.7% and profit attributable to owners of the parent decreased 58.1%, indicating further deterioration in earnings performance from the year-earlier period. - FY2019-Q1WorsenedAnnual report
「Under these circumstances, revenue for the first quarter of the current consolidated cumulative period increased 2.7% year on year to ¥14,360 million, but ordinary profit decreased 66.4% to ¥431 million, partly due to lower profit in the sugar business, while profit attributable to owners of the parent decreased 64.6% to ¥309 million.」
While revenue increased, ordinary profit and profit attributable to owners of the parent declined substantially year on year, indicating deterioration in earnings performance. - FY2018-Q3WorsenedAnnual report
「Under these circumstances, revenue for the first nine months of the current consolidated fiscal year decreased 1.4% year on year to ¥42,618 million, due mainly to lower sales in the sugar business. Ordinary profit decreased 48.4% to ¥1,025 million due to deterioration in profit and loss in the sugar business and other operations, while profit attributable to owners of the parent decreased 47.7% to ¥582 million.」
For the first nine months, revenue, ordinary profit and profit attributable to owners of the parent all fell below the year-earlier period. The declines in ordinary profit and quarterly profit were particularly substantial, indicating deterioration in earnings performance. - FY2018-Q2AdvancedAnnual report
「Under these circumstances, revenue for the first six months of the current consolidated fiscal year decreased 4.3% year on year to ¥27,678 million, but ordinary profit increased 40.7% to ¥1,791 million, partly due to higher profit in the sugar business, while profit attributable to owners of the parent increased 53.2% to ¥1,161 million.」
While revenue declined year on year, ordinary profit and profit attributable to owners of the parent increased 40.7% and 53.2%, respectively, reporting measurable progress in earnings power. - FY2018-Q1AdvancedAnnual report
「Under these circumstances, revenue for the first quarter of the current consolidated cumulative period decreased 1.6% year on year to ¥13,985 million, but ordinary profit increased 22.7% to ¥1,284 million, partly due to higher profit in the sugar business, while profit attributable to owners of the parent increased 24.6% to ¥873 million.」
While revenue declined year on year, ordinary profit and profit attributable to owners of the parent increased 22.7% and 24.6%, respectively, reporting measurable progress in earnings power. - FY2017AdvancedAnnual report
「Revenue for the consolidated fiscal year increased 0.5% year on year to ¥58,133 million. Ordinary profit increased 12.2% to ¥2,518 million, and profit attributable to owners of the parent increased 11.1% to ¥1,513 million.」
It reports year-on-year increases in revenue, ordinary profit and profit attributable to owners of the parent, demonstrating measurable full-year results in securing earnings power. - FY2017-Q3AdvancedAnnual report
「Under these circumstances, revenue for the first nine months of the current consolidated fiscal year increased 2.3% year on year to ¥43,204 million, due mainly to higher sales in the sugar business. Ordinary profit increased 27.2% to ¥1,989 million, partly due to higher profit in the sugar business, while profit attributable to owners of the parent increased 14.4% to ¥1,113 million.」
It reports measurable year-on-year increases in revenue, ordinary profit and profit attributable to owners of the parent for the first nine months. - FY2017-Q2AdvancedAnnual report
「Under these circumstances, revenue for the first six months of the current consolidated fiscal year increased 4.2% year on year to ¥28,926 million, due mainly to higher sales in the sugar business. Ordinary profit increased 12.6% to ¥1,273 million, and profit attributable to owners of the parent increased 5.6% to ¥757 million.」
It reports measurable year-on-year increases in revenue, ordinary profit and profit attributable to owners of the parent for the first six months. - FY2017-Q1AdvancedAnnual report
「Under these circumstances, revenue for the first quarter of the current consolidated cumulative period increased 4.4% year on year to ¥14,216 million. Ordinary profit increased 65.1% to ¥1,047 million, partly due to higher profit in the sugar business, while profit attributable to owners of the parent increased 78.1% to ¥700 million.」
Revenue, ordinary profit and profit attributable to owners of the parent all increased year on year in the first quarter, reporting measurable progress in securing earnings power. - FY2016First statedAnnual report
「As a group, we will continue to thoroughly reduce costs across all products, including sugar, while working to sell at appropriate prices, secure earnings power and stabilize our management foundation.」
It indicates an intention to maintain earnings power and the management foundation in a challenging business environment through cost reductions and sales at appropriate prices.