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Nitten (2108) · FactMitigated

Continued losses in the agricultural materials business

First written in FY2018-Q2. 8 of 29 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2026.

29entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q2 – FY2019-Q2OtherFY2020-Q2 – FY2022-Q1WorsenedFY2024 – FY20252017: 12018: 320182019: 320192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Continued losses and recovery in the agricultural materials businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Revenue in the Agricultural Materials business increased 1.5% from the previous fiscal year to ¥3,987 million, and the business posted operating profit of ¥270 million, compared with an operating loss of ¥50 million in the previous fiscal year, as the impact of the inventory write-down recorded in the previous fiscal year subsided.」

    The Agricultural Materials business swung from an operating loss to operating profit of ¥270 million as the impact of the inventory write-down recorded in the previous fiscal year subsided.
  2. 2026-05-13MitigatedEarnings

    「Revenue in the Agricultural Materials Business increased 1.5% year on year to ¥3,987 million. As the impact of the inventory valuation loss recognized in the previous fiscal year disappeared, the business recorded operating profit of ¥270 million, compared with an operating loss of ¥50 million in the previous fiscal year.」

    The Agricultural Materials Business turned from an operating loss to operating profit as the impact of the previous fiscal year’s inventory valuation loss disappeared.
  3. FY2026-H1MitigatedAnnual report

    「Revenue in the Agricultural Materials business increased 11.6% year on year to ¥1,213 million, while the business posted an operating loss of ¥45 million, compared with an operating loss of ¥437 million in the same period of the previous year, as the impact of the inventory write-down recorded in the previous fiscal year subsided.」

    Although the Agricultural Materials business remained loss-making at the operating level, the impact of the inventory write-down recorded in the previous fiscal year subsided, and the loss narrowed sharply from ¥437 million to ¥45 million.
  4. FY2025WorsenedAnnual report

    「Revenue in the Agricultural Materials business increased 2.1% from the previous fiscal year to ¥3,928 million, but the business posted an operating loss of ¥50 million due to an inventory write-down, compared with operating profit of ¥179 million in the previous fiscal year.」

    Although revenue increased, the business swung from operating profit in the previous fiscal year to an operating loss due to an inventory write-down, indicating a deterioration in the profitability of the Agricultural Materials business.
  5. FY2025-H1WorsenedAnnual report

    「Revenue in the Agricultural Materials business declined 20.6% year on year to ¥1,087 million, and the business posted an operating loss of ¥437 million, compared with operating profit of ¥69 million in the same period of the previous year, due mainly to an inventory write-down.」

    The Agricultural Materials business reported lower revenue and swung from operating profit in the same period of the previous year to an operating loss of ¥437 million, due mainly to an inventory write-down.
  6. FY2024WorsenedAnnual report

    「Revenue in the Agricultural Materials business was ¥3,847 million, down 11.6% from the previous fiscal year, and operating profit was ¥179 million, down 13.8%.」

    The Agricultural Materials business remained profitable, but lower sales of paper pots and agricultural equipment resulted in lower revenue and profit.
  7. FY2024-Q3MitigatedAnnual report

    「Revenue in the Agricultural Materials business declined 15.3% year on year to ¥2,003 million, mainly due to lower sales of beet transplanters and other products, but the business posted operating profit of ¥35 million, compared with an operating loss of ¥5 million in the same period of the previous year.」

    Although revenue declined due to lower sales of beet transplanters, the Agricultural Materials business swung from an operating loss of ¥5 million in the same period of the previous year to operating profit of ¥35 million.
  8. FY2024-Q2WorsenedAnnual report

    「Revenue in the Agricultural Materials business declined 9.5% year on year to ¥1,368 million, and operating profit fell 9.2% to ¥69 million.」

    The Agricultural Materials business remained profitable, but revenue and operating profit fell below the levels in the same period of the previous year, resulting in lower revenue and profit.
  9. FY2024-Q1WorsenedAnnual report

    「Revenue in the Agricultural Materials business declined 25.0% year on year to ¥746 million due to lower sales of transplanting equipment and other products, while operating profit fell 66.8% to ¥36 million.」

    Lower sales of transplanting equipment and other products resulted in lower revenue in the Agricultural Materials business, while operating profit also declined 66.8% year on year.
  10. FY2023MitigatedAnnual report

    「Revenue in the Agricultural Materials segment was ¥4,353 million, up 3.0% from the previous fiscal year, and segment profit was ¥207 million, up 9.1%.」

    Higher sales of paper pots for vegetables and other products resulted in higher revenue and profit in the Agricultural Materials business, improving its position from the loss and sharp profit decline recorded in the previous fiscal year.
  11. FY2023-Q3WorsenedAnnual report

    「Revenue in the Agricultural Materials segment increased 14.8% year on year to ¥2,363 million, mainly due to higher sales of paper pots for vegetables (seedling pots for transplant cultivation), but the segment posted a loss of ¥5 million, compared with segment profit of ¥16 million in the same period of the previous year, due to the impact of higher raw material prices.」

    The Agricultural Materials business reported higher revenue, but swung from profit of ¥16 million in the same period of the previous year to a loss of ¥5 million due to higher raw material prices.
  12. FY2023-Q2Continued return to profitability and profit growthAnnual report

    「Agricultural Materials segment revenue increased 28.7% year on year to ¥1,513 million, and the segment posted a ¥76 million profit, compared with a segment loss of ¥27 million in the same period of the previous year, due partly to higher sales of paper pots for vegetables.」

    Higher sales of paper pots for vegetables and agricultural equipment caused the Agricultural Materials segment to turn from a ¥27 million loss in the same period of the previous year to a ¥76 million profit.
  13. FY2023-Q1Profitability and profit growthAnnual report

    「Agricultural Materials segment revenue increased 11.1% year on year to ¥994 million due to higher sales volume of agricultural materials and paper pots for vegetables and other factors, while segment profit increased 16.3% to ¥108 million.」

    The Agricultural Materials segment generated higher revenue and profit due to increased sales volume, securing a ¥108 million profit.
  14. FY2022Maintaining profitability despite a sharp decline in profitAnnual report

    「Agricultural Materials segment revenue was ¥4,228 million, down 6.2% from the previous fiscal year, while segment profit was ¥190 million, down 59.5%, partly due to an inventory valuation loss on paper pots for overseas markets.」

    Although the Agricultural Materials business remained profitable, revenue fell 6.2% and profit fell 59.5%, with the inventory valuation loss on paper pots for overseas markets also weighing on profit.
  15. FY2022-Q3Maintaining profitability despite a sharp decline in profitAnnual report

    「Agricultural Materials segment revenue decreased 7.6% year on year to ¥2,058 million, mainly due to lower sales of paper pots for vegetable transplanting, while segment profit fell 88.9% to ¥16 million as the impact of lower sales outweighed efforts to reduce costs.」

    Although the Agricultural Materials segment maintained a ¥16 million profit, revenue fell 7.6% and profit fell 88.9% due to lower paper pot sales and other factors.
  16. FY2022-Q2WorsenedAnnual report

    「Agricultural Materials segment revenue decreased 2.9% year on year to ¥1,175 million, and the segment posted a loss of ¥27 million, compared with segment profit of ¥29 million in the same period of the previous year, due to higher selling expenses and other factors.」

    The Agricultural Materials segment turned from a ¥29 million profit in the same period of the previous year to a ¥27 million loss due to higher selling expenses and other factors.
  17. FY2022-Q1Maintaining profitability despite continued profit declineAnnual report

    「Agricultural Materials segment revenue increased 2.5% year on year to ¥895 million due to higher sales volume of paper pots for vegetables and other factors, but segment profit decreased 17.5% to ¥93 million due to lower beet transplanter sales.」

    The Agricultural Materials segment maintained a ¥93 million profit, but profit fell 17.5% year on year due to lower beet transplanter sales.
  18. FY2021-Q3Maintaining profitability and continued profit growthAnnual report

    「Agricultural Materials segment revenue increased 9.6% year on year to ¥2,228 million due to higher agricultural equipment sales and other factors, while segment profit increased 94.4% to ¥151 million.」

    Agricultural Materials segment revenue and profit both exceeded the same period of the previous year due to higher agricultural equipment sales and other factors, maintaining profitability and profit growth.
  19. FY2021-Q2Maintaining profitability despite a sharp decline in profitAnnual report

    「Agricultural Materials segment revenue decreased 28.4% year on year to ¥1,210 million, while segment profit fell 81.0% to ¥29 million.」

    Although the Agricultural Materials segment maintained a ¥29 million profit, revenue fell 28.4% and profit fell 81.0% due to the deferral of beet paper pot shipments and other factors.
  20. FY2021-Q1Continued profitability and profit growthAnnual report

    「Agricultural Materials segment revenue increased 5.3% year on year to ¥873 million due to higher sales volume of beet transplanters and other factors, while segment profit increased 37.3% to ¥113 million.」

    Agricultural Materials segment revenue and segment profit both exceeded the same period of the previous year due to higher beet transplanter sales volume and other factors, maintaining profitability and profit growth.
  21. FY2020Maintaining profitability, but lower profitAnnual report

    「Agricultural Materials segment revenue was ¥4,451 million, down 3.9% from the previous fiscal year, and segment profit was ¥410 million, down 16.6%.」

    The Agricultural Materials business remains profitable, but both revenue and segment profit are below the previous fiscal year.
  22. FY2020-Q3Continued return to profitability and profit improvementAnnual report

    「Agricultural Materials segment revenue increased 14.8% year on year to ¥2,033 million, while segment profit was ¥78 million, compared with a segment loss of ¥7 million in the same period of the previous year. This was because shipments of beet paper pots, the main source of revenue, had been deferred to the fourth quarter in the previous fiscal year.」

    The Agricultural Materials segment turned from a ¥7 million loss in the same period of the previous year to a ¥78 million profit due to the year-on-year difference in the timing of beet paper pot shipments.
  23. FY2020-Q2Continued return to profitability and profit improvementAnnual report

    「Agricultural Materials segment revenue increased 18.8% year on year to ¥1,689 million, while segment profit increased 185.3% to ¥156 million.」

    Agricultural Materials segment revenue increased 18.8%, and segment profit also increased 185.3% to ¥156 million, with profit continuing to improve after the return to profitability.
  24. FY2020-Q1MitigatedAnnual report

    「Agricultural Materials segment revenue decreased 3.0% year on year to ¥830 million due to lower transplanter sales volume and other factors, but segment profit increased 9.8% to ¥82 million due to higher sales of paper pots for vegetables and other factors.」

    While transplanter sales volume declined, Agricultural Materials segment profit increased 9.8% year on year to ¥82 million due to higher sales of paper pots for vegetables and other factors, improving from the loss-making position in the previous quarter.
  25. FY2019-Q3WorsenedAnnual report

    「Agricultural Materials segment revenue decreased 11.7% year on year to ¥1,771 million due to the shipment of beet paper pots being deferred to the fourth quarter and other factors, and the segment posted a loss of ¥7 million, compared with segment profit of ¥12 million in the same period of the previous year.」

    Revenue declined due to the deferral of beet paper pot shipments and other factors, causing the Agricultural Materials segment to turn from a ¥12 million profit in the same period of the previous year to a ¥7 million loss.
  26. FY2019-Q2Return to profitability and profit improvementAnnual report

    「Agricultural Materials segment revenue increased 31.4% year on year to ¥1,422 million, while segment profit was ¥54 million, compared with a segment loss of ¥41 million in the same period of the previous year.」

    Agricultural Materials segment revenue increased 31.4%, and the segment turned from a ¥41 million loss in the same period of the previous year to a ¥54 million profit.
  27. FY2019-Q1Lower profit due to a decline in the profit marginAnnual report

    「Agricultural Materials segment revenue increased 8.7% year on year to ¥855 million due to higher sales volume of agricultural equipment for vegetables and other factors, but segment profit fell 8.2% to ¥75 million due to a lower profit margin.」

    The Agricultural Materials segment remains profitable, but profit fell 8.2% year on year due to the lower profit margin.
  28. FY2018-Q3Turned from losses to profitsAnnual report

    「Agricultural Materials segment revenue increased 5.2% year on year to ¥2,006 million due to higher agricultural equipment sales and other factors, but segment profit fell 69.9% to ¥12 million due to higher development costs for transplanters and other factors.」

    The Agricultural Materials segment turned from a ¥41 million loss in the same period of the previous year to a ¥12 million profit, although profit levels declined due to higher development costs for transplanters and other factors.
  29. FY2018-Q2First statedAnnual report

    「Agricultural Materials segment revenue increased 5.4% year on year to ¥1,082 million, while the segment posted a loss of ¥41 million, compared with a segment loss of ¥36 million in the same period of the previous year.」

    Although Agricultural Materials segment revenue increased, it posted a segment loss of ¥41 million, wider than the ¥36 million loss in the same period of the previous year.
Moved together

"Securing Profitability and Strengthening the Management, Financial and Business Foundations" moved the same way as this thread, in the same document, in 8 of its 29 moves.

887555★123456
  1. ★This thread
  2. 1Securing Profitability and Strengthening the Management, Financial and Business Foundations8×
  3. 2Declining Sales and Continued Losses in Other Businesses8×
  4. 3Soaring Procurement Costs for Energy and Sugar-Production Materials Due to the Situation in Ukraine and Other Factors7×
  5. 4Share Repurchases as an Agile Capital Policy5×
  6. 5Strengthening Cost Competitiveness5×
  7. 6Restrictions on the General Sale of Additional Beet Sugar and Inventory Valuation Loss5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Continued losses in the agricultural materials business | Nitten Co.,Ltd. (2108) | Komori