Strengthening a highly profitable, financially sound position and management quality
First written in FY2016. 18 of 40 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2027-H1.
Saylor Advertising moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 13 of 60 companies on the "Worse" side.
25 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Operating loss was ¥119 million (compared with an operating loss of ¥133 million in the same period of the previous year). In addition, the company recognized ¥33 million in subsidy income as non-operating income from the Small Business Sustainability Subsidy related to the project to expand sales channels for regional products in Shikoku undertaken in the previous fiscal year. As a result, ordinary loss was ¥73 million (compared with an ordinary loss of ¥118 million in the same period of the previous year), and interim net loss attributable to owners of the parent was ¥60 million (compared with an interim net loss attributable to owners of the parent of ¥98 million in the same period of the previous year), meaning that results in terms of profit also exceeded those of the same period of the previous year.」
Operating loss, ordinary loss, and interim net loss attributable to owners of the parent all narrowed from the same period of the previous year. However, an operating loss remains. - FY2026WorsenedAnnual report
「As selling, general and administrative expenses rose to ¥1,753 million (106.3% of the previous fiscal year), operating loss was ¥23 million (compared with operating income of ¥9 million in the previous fiscal year).」
Although gross margin improved, selling, general and administrative expenses increased due to upfront investments in the recruitment of specialized personnel, the introduction of AI tools, acquisitions of subsidiaries, and the expansion of sales channels for local products, causing operating income to turn from positive in the previous fiscal year to a loss. - 2026-05-14RestatedResults
「For the dividend for the next fiscal year as well, we will prioritize maintaining a stable dividend, work as a group to expand business performance and improve profitability, and plan to pay ¥6 per share.」
The Company maintained the current fiscal year dividend at ¥6 per share and plans to pay ¥6 per share again in the next fiscal year. - FY2026-H1AdvancedAnnual report
「As selling, general and administrative expenses rose to ¥829 million (102.3% year on year) due to higher personnel expenses and operating expenses across the Group, operating loss was ¥133 million (compared with an operating loss of ¥168 million in the same period of the previous year), ordinary loss was ¥118 million (compared with an ordinary loss of ¥151 million), and interim net loss attributable to owners of the parent was ¥98 million (compared with an interim net loss attributable to owners of the parent of ¥133 million).」
Although selling, general and administrative expenses increased, operating loss narrowed from ¥168 million to ¥133 million, ordinary loss from ¥151 million to ¥118 million, and interim net loss attributable to owners of the parent from ¥133 million to ¥98 million. - FY2025Ordinary and net income improved while operating income declinedAnnual report
「Operating income was ¥9 million (25.7% of the previous fiscal year), while non-operating income included ¥53 million in subsidy income related to the Joint and Collaborative Support Project for Developing Sales Channels and other programs, resulting in ordinary income of ¥84 million (135.1% of the previous fiscal year).」
Operating income declined due to higher operating expenses, while ordinary income improved to 135.1% of the previous fiscal year due to subsidy income, and net income attributable to owners of the parent also returned to positive territory at ¥27 million. - FY2025-H1WorsenedAnnual report
「In addition to operating expenses associated with more active proposal activities and costs to promote in-house DX aimed at strengthening sales and proposal capabilities, personnel expenses increased due to wage increases and share-based compensation expenses were incurred following the introduction of restricted stock compensation. The company also pursued the Joint and Collaborative Support Project for Developing Sales Channels as a new business initiative, holding seminars to improve the appeal of products including local specialties and conducting events in Taiwan. As a result, related business expenses were recognized in advance, selling, general and administrative expenses were ¥811 million (106.8% year on year), operating loss was ¥168 million (compared with an operating loss of ¥107 million in the same period of the previous year), and ordinary loss was ¥151 million (compared with an operating loss of ¥96 million in the same period of the previous year).」
Higher selling, general and administrative expenses due to operating activities, in-house DX, personnel expenses, share-based compensation, and advance expenses for new businesses caused operating and ordinary losses to widen from the same period of the previous year. - FY2024WorsenedAnnual report
「The Group's operating results were revenue of ¥2,050 million (97.3% of the previous fiscal year), operating income of ¥37 million (22.5%), ordinary income of ¥62 million (33.4%), and net loss attributable to owners of the parent of ¥74 million (compared with net income attributable to owners of the parent of ¥136 million in the previous fiscal year).」
Revenue, operating income, and ordinary income fell below the previous fiscal year, while net income attributable to owners of the parent turned from income in the previous fiscal year to a loss of ¥74 million. - FY2024-Q3WorsenedAnnual report
「In addition to higher operating expenses accompanying more active proposal activities and the initial costs of reopening the Tokushima-Kagawa Tomoni Market, the company recognized promotional expenses for products sold in its new business and costs to promote in-house DX aimed at strengthening proposal capabilities. As a result, selling, general and administrative expenses were ¥1,140 million (106.6% year on year), operating loss was ¥81 million (compared with a loss of ¥71 million in the same period of the previous year), and ordinary loss was ¥65 million (compared with a loss of ¥56 million in the same period of the previous year).」
Expenses associated with proposal activities, new businesses, and in-house DX increased, causing selling, general and administrative expenses to rise to 106.6% of the same period of the previous year. Operating and ordinary losses also widened year on year, resulting in deteriorating profitability. - FY2024-Q2WorsenedAnnual report
「In addition to higher operating expenses accompanying more active proposal activities and the initial costs of reopening the Tokushima-Kagawa Tomoni Market, the company recognized promotional expenses for products sold in its new business. As a result, selling, general and administrative expenses were ¥759 million (107.4% year on year). Combined with the business characteristic of revenue being concentrated in the third and fourth quarters, this resulted in an operating loss of ¥107 million (compared with a loss of ¥58 million in the same period of the previous year), an ordinary loss of ¥96 million (compared with a loss of ¥49 million), and a quarterly net loss attributable to owners of the parent of ¥77 million (compared with a loss of ¥39 million).」
Higher expenses associated with proposal activities and new businesses caused selling, general and administrative expenses to rise to 107.4% of the same period of the previous year, and operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all widened year on year. - FY2024-Q1WorsenedAnnual report
「In addition to higher operating expenses accompanying the increase in advertising orders, selling, general and administrative expenses included expenses recognized for 株式会社ＭＤ＆アソシエイツ, which became a consolidated subsidiary in December of the previous year, and participation expenses for an exhibition held in Tokyo. As a result, selling, general and administrative expenses were ¥381 million (106.4% year on year), operating loss was ¥92 million (compared with a loss of ¥85 million in the same period of the previous year), and ordinary loss was ¥87 million (compared with a loss of ¥80 million in the same period of the previous year).」
Although advertising orders increased, selling, general and administrative expenses rose to 106.4% of the same period of the previous year due to higher operating expenses, subsidiary-related expenses, and exhibition expenses, causing operating and ordinary losses to widen. - FY2023AdvancedAnnual report
「The Group's operating results were revenue of ¥2,107 million (108.7% of the previous fiscal year), operating income of ¥168 million (282.6%), ordinary income of ¥187 million (247.6%), and net income attributable to owners of the parent of ¥136 million (compared with a net loss attributable to owners of the parent of ¥25 million in the previous fiscal year).」
In the fiscal year ended March 2023, operating and ordinary income improved significantly, and net income attributable to owners of the parent also returned to positive territory. The disclosure indicates progress toward high profitability and a sound financial position. - FY2023-Q3AdvancedAnnual report
「As a result, consolidated net sales for the cumulative third quarter amounted to ¥4,803 million (106.6% year on year), revenue was ¥1,343 million (106.6%), and gross profit was ¥998 million (109.1%). Thorough sales activities focused on improving margins also resulted in a 0.5-percentage-point improvement in gross margin. Selling, general and administrative expenses increased due to higher operating expenses accompanying the increase in advertising orders and higher personnel expenses from recruitment, reaching ¥1,070 million (102.8% year on year), while operating loss was ¥71 million (compared with a loss of ¥125 million in the same period of the previous year) and ordinary loss was ¥56 million (compared with a loss of ¥115 million in the same period of the previous year)」
Gross margin improved by 0.5 percentage points, while operating loss narrowed from ¥125 million in the same period of the previous year to ¥71 million and ordinary loss narrowed from ¥115 million to ¥56 million. Losses remain. - FY2023-Q2AdvancedAnnual report
「Selling, general and administrative expenses rose to ¥707 million, or 103.6% of the year-earlier level, due to higher sales activity expenses accompanying increased advertising orders and higher personnel expenses from recruitment. Operating loss was ¥58 million, compared with a loss of ¥102 million in the year-earlier period; ordinary loss was ¥49 million, compared with a loss of ¥96 million; and net loss attributable to owners of the parent was ¥39 million, compared with a loss of ¥74 million, meaning that each profit figure exceeded the year-earlier result.」
Although operating expenses and recruitment expenses increased, operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed from the same period of the previous year. The company has not yet returned to profitability. - FY2023-Q1AdvancedAnnual report
「Gross profit was ¥273 million (120.8% year on year), operating loss was ¥85 million (compared with a loss of ¥116 million in the same period of the previous year), and ordinary loss was ¥80 million (compared with a loss of ¥115 million in the same period of the previous year).」
Gross profit increased to 120.8% of the same period of the previous year, and both operating and ordinary losses narrowed year on year. Fixed liabilities also declined by ¥20 million, mainly due to repayment of long-term borrowings, but operating and ordinary losses remain. - FY2022AdvancedAnnual report
「Through efforts to improve the profit margins of individual orders, the gross profit margin (Note 2) rose to 21.8%, an improvement of 1.5 percentage points from the previous fiscal year, enabling the Group to post operating and ordinary profits.」
Improved margins on individual orders improved gross margin to 21.8%, and operating and ordinary income returned to positive territory. - FY2022-Q3AdvancedAnnual report
「Although operating expenses increased, efforts to reduce other expenses resulted in selling, general and administrative expenses of ¥1,041 million (98.9% year on year), while operating loss was ¥125 million (compared with an operating loss of ¥231 million in the same period of the previous year) and ordinary loss was ¥115 million (compared with an ordinary loss of ¥189 million in the same period of the previous year).」
Despite higher operating expenses, other expenses were reduced and selling, general and administrative expenses were held at 98.9% of the same period of the previous year. Both operating and ordinary losses narrowed year on year. - FY2022-Q2AdvancedAnnual report
「Although sales activity expenses increased, efforts to reduce other expenses resulted in SG&A expenses of ¥682 million (99.1% year on year), an operating loss of ¥102 million (compared with an operating loss of ¥190 million in the year-earlier period), an ordinary loss of ¥96 million (compared with an ordinary loss of ¥169 million), and a quarterly net loss attributable to owners of the parent of ¥74 million (compared with a quarterly net loss attributable to owners of the parent of ¥134 million).」
Despite higher operating expenses, other expenses were reduced and selling, general and administrative expenses were held at 99.1% of the same period of the previous year. Operating loss, ordinary loss, and net loss all narrowed year on year, but losses remain. - FY2022-Q1AdvancedAnnual report
「For the first quarter of the current consolidated cumulative period, total sales were ¥1,264 million (110.7% year on year), revenue was ¥334 million, operating loss was ¥116 million (compared with an operating loss of ¥162 million in the year-earlier period), ordinary loss was ¥115 million (compared with an ordinary loss of ¥154 million), and quarterly net loss attributable to owners of the parent was ¥85 million (compared with a quarterly net loss attributable to owners of the parent of ¥116 million).」
Operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed from the same period of the previous fiscal year, indicating improved profitability. However, losses remain. - FY2021WorsenedAnnual report
「The Group's operating results were revenue of ¥6,271 million (76.3% of the previous fiscal year), operating loss of ¥132 million (compared with operating income of ¥74 million in the previous fiscal year), ordinary loss of ¥83 million (compared with ordinary income of ¥90 million in the previous fiscal year), and net loss attributable to owners of the parent of ¥79 million (compared with net income attributable to owners of the parent of ¥19 million in the previous fiscal year).」
Revenue fell to 76.3% of the previous fiscal year, and operating income, ordinary income, and net income attributable to owners of the parent all turned into losses. - FY2021-Q3WorsenedAnnual report
「For the first 3 quarters of the current consolidated cumulative period, net sales were ¥4,372 million (73.0% year on year), operating loss was ¥231 million (compared with an operating loss of ¥48 million in the year-earlier period), ordinary loss was ¥189 million (compared with an ordinary loss of ¥38 million), and quarterly net loss attributable to owners of the parent was ¥151 million (compared with a quarterly net loss attributable to owners of the parent of ¥50 million).」
The decline in revenue caused operating loss, ordinary loss, and net loss attributable to owners of the parent for the quarter to widen from the same period of the previous year. Profitability associated with high profitability and a sound financial position deteriorated. - FY2021-Q2WorsenedAnnual report
「Net cash used in operating activities was ¥182 million (compared with ¥100 million used in the cumulative period of the same quarter of the previous year). This was mainly attributable to a quarterly net loss before income taxes and other adjustments of ¥171 million, a decrease in trade receivables of ¥313 million, and a decrease in trade payables of ¥255 million.」
Cash used in operating activities increased from ¥100 million in the same period of the previous year to ¥182 million, while the quarterly net loss before income taxes and other adjustments was ¥171 million. Deterioration continues from the perspective of high profitability and a sound financial position. - FY2021-Q1WorsenedAnnual report
「For the first quarter of the current consolidated cumulative period, net sales were ¥1,142 million (59.1% year on year), operating loss was ¥162 million (compared with an operating loss of ¥61 million in the year-earlier period), ordinary loss was ¥154 million (compared with an ordinary loss of ¥57 million), and quarterly net loss attributable to owners of the parent was ¥116 million (compared with a quarterly net loss attributable to owners of the parent of ¥46 million).」
Although the company continued its conventional efforts to control expenses, the significant decline in revenue caused operating loss, ordinary loss, and net loss to widen from the same period of the previous year, worsening its position in terms of high profitability and financial soundness. - FY2020WorsenedAnnual report
「The Group's operating results were revenue of ¥8,217 million (93.5% of the previous fiscal year), operating income of ¥74 million (49.7%), ordinary income of ¥90 million (56.8%), and net income attributable to owners of the parent of ¥19 million (22.7%).」
Despite efforts to reduce expenses, operating income, ordinary income, and net income attributable to owners of the parent fell significantly from the previous fiscal year due to the decline in revenue, resulting in deteriorating profitability. - FY2020-Q3WorsenedAnnual report
「As selling, general and administrative expenses were ¥1,145 million, broadly in line with the previous year (99.4% year on year), operating loss was ¥48 million (compared with an operating loss of ¥7 million in the same period of the previous year), ordinary loss was ¥38 million (compared with ordinary income of ¥1 million in the same period of the previous year), and net loss attributable to owners of the parent after deducting income taxes and other items was ¥50 million (compared with a net loss attributable to owners of the parent of ¥8 million in the same period of the previous year).」
Selling, general and administrative expenses were held broadly in line with the same period of the previous year, while operating loss was ¥48 million and ordinary loss was ¥38 million, turning from ordinary income in the same period of the previous year to a loss. Profitability and financial soundness continue to deteriorate. - FY2020-Q2WorsenedAnnual report
「As selling, general and administrative expenses were ¥764 million, broadly in line with the previous year (99.0% year on year), operating loss was ¥41 million (compared with an operating loss of ¥23 million in the same period of the previous year) and ordinary loss was ¥33 million (compared with an ordinary loss of ¥19 million in the same period of the previous year).」
Selling, general and administrative expenses were held at 99.0% of the same period of the previous year, but operating loss was ¥41 million and ordinary loss was ¥33 million, with losses widening year on year. Profitability has deteriorated from the perspective of high profitability and a sound financial position. - FY2020-Q1WorsenedAnnual report
「In addition, efforts to reduce various expenses resulted in selling, general and administrative expenses of ¥388 million (97.4% year on year), but operating loss was ¥61 million (compared with an operating loss of ¥43 million in the same period of the previous year) and ordinary loss was ¥57 million (compared with an ordinary loss of ¥40 million in the same period of the previous year).」
Selling, general and administrative expenses were held at 97.4% of the same period of the previous year, but operating loss was ¥61 million and ordinary loss was ¥57 million, with losses widening year on year. - FY2019-Q3AdvancedAnnual report
「In terms of profit, efforts across the Group to provide high-value-added services improved margins on individual orders, resulting in gross profit of ¥1,144 million (100.7% year on year) and a 1.2-percentage-point improvement in gross margin. As selling, general and administrative expenses were ¥1,151 million, broadly in line with the previous year (100.1% year on year), operating loss was ¥7 million (compared with an operating loss of ¥14 million in the same period of the previous year), while ordinary income was ¥1 million (compared with an ordinary loss of ¥1 million in the same period of the previous year).」
Improved margins on orders for high-value-added services and the maintenance of selling, general and administrative expenses at the previous year's level improved gross margin by 1.2 percentage points, narrowed the operating loss year on year, and turned ordinary loss into ordinary income. - FY2019-Q2AdvancedAnnual report
「In terms of profit, selling, general and administrative expenses were ¥772 million (100.0% year on year), due in part to the recognition of recruitment expenses aimed at strengthening sales capabilities. However, efforts to provide high-value-added services improved gross margin by 1.3 percentage points through improved margins on individual orders, resulting in an operating loss of ¥23 million (compared with an operating loss of ¥36 million in the same period of the previous year) and an ordinary loss of ¥19 million (compared with an ordinary loss of ¥28 million in the same period of the previous year).」
Selling, general and administrative expenses were held broadly in line with the same period of the previous year, while gross margin improved by 1.3 percentage points and operating and ordinary losses narrowed year on year. The company has not yet returned to profitability. - FY2019-Q1WorsenedAnnual report
「As a result of recording recruitment expenses aimed at strengthening sales capabilities, SG&A expenses amounted to ¥399 million (102.8% year on year), operating loss was ¥43 million (compared with an operating loss of ¥31 million in the year-earlier period), ordinary loss was ¥40 million (compared with an ordinary loss of ¥27 million), and quarterly net loss attributable to owners of the parent, after deduction of taxes and other items, was ¥34 million (compared with a quarterly net loss attributable to owners of the parent of ¥24 million).」
Selling, general and administrative expenses rose to 102.8% of the year-earlier period due to recruitment costs and other expenses associated with strengthening sales capabilities, while the operating loss, ordinary loss, and net loss attributable to owners of the parent all widened from the year-earlier period. - FY2018WorsenedAnnual report
「Although the Company incurred recruitment, development and training costs aimed at strengthening its sales capabilities, as well as floor renovation costs intended to secure a more employee-friendly workplace, selling, general and administrative expenses were ¥1,538 million, or 98.0% of the previous fiscal year. Accordingly, operating income was ¥79 million, or 47.6% of the previous fiscal year, and ordinary income was ¥97 million, or 52.6%.」
While investing in talent and improving the workplace environment, the Company kept selling, general and administrative expenses to 98.0% of the previous fiscal year, but operating income declined to ¥79 million and ordinary income to ¥97 million, indicating deterioration in profitability. - FY2018-Q3WorsenedAnnual report
「Although the Company incurred recruitment, development and training costs aimed at strengthening its sales capabilities, as well as floor renovation costs intended to secure a more employee-friendly workplace, selling, general and administrative expenses remained essentially unchanged from the year-earlier period at ¥1,150 million, or 99.5%. Accordingly, operating loss was ¥14 million, compared with operating income of ¥57 million in the year-earlier period, and ordinary loss was ¥1 million, compared with ordinary income of ¥72 million.」
Although the Company kept selling, general and administrative expenses to 99.5% of the year-earlier period, operating income and ordinary income turned from profits in the year-earlier period to losses, and profitability deteriorated. - FY2018-Q2WorsenedAnnual report
「As a result of selling, general and administrative expenses remaining essentially unchanged at ¥772 million, or 99.6% of the year-earlier period, operating loss was ¥36 million, compared with operating income of ¥16 million in the year-earlier period, and ordinary loss was ¥28 million, compared with ordinary income of ¥26 million.」
Although selling, general and administrative expenses were kept essentially unchanged from the year-earlier period, the Company was unable to offset the decline in sales. Operating income and ordinary income therefore turned from profits in the year-earlier period to losses, and profitability deteriorated. - FY2018-Q1AdvancedAnnual report
「As a result of reducing various expenses, selling, general and administrative expenses were ¥388 million, or 99.0% of the year-earlier period. Operating loss was ¥31 million, compared with an operating loss of ¥34 million in the year-earlier period, and ordinary loss was ¥27 million, compared with an ordinary loss of ¥29 million.」
The Company kept selling, general and administrative expenses to 99.0% of the year-earlier period through reductions in various expenses, narrowing both the operating loss and ordinary loss from the year-earlier period. However, losses remain. - FY2017AdvancedAnnual report
「Selling, general and administrative expenses were ¥1,569 million, essentially unchanged year on year at 100.9% of the previous fiscal year. Operating income was ¥168 million, or 142.0% of the previous fiscal year, and ordinary income was ¥184 million, or 125.5%.」
While keeping expenses essentially unchanged from the previous fiscal year, the Company secured operating income of ¥168 million and ordinary income of ¥184 million, representing progress from the previous fiscal year in terms of profitability and management quality. - FY2017-Q3AdvancedAnnual report
「As a result of efforts to reduce various expenses, SG&A expenses amounted to ¥1,156 million (98.6% year on year), operating income was ¥57 million (compared with an operating loss of ¥24 million in the year-earlier period), ordinary income was ¥72 million (compared with an ordinary loss of ¥6 million), and quarterly net income attributable to owners of the parent, after deduction of taxes and other items, was ¥37 million (compared with a quarterly net loss attributable to owners of the parent of ¥34 million).」
The Company kept selling, general and administrative expenses to 98.6% of the year-earlier period through reductions in various expenses, and operating income, ordinary income, and net income attributable to owners of the parent were all profitable. - FY2017-Q2AdvancedAnnual report
「As a result of reducing various expenses, selling, general and administrative expenses were ¥775 million, or 98.4% of the year-earlier period. Operating income was ¥16 million, compared with an operating loss of ¥30 million in the year-earlier period; ordinary income was ¥26 million, compared with an ordinary loss of ¥19 million; and net income attributable to owners of the parent was ¥8 million, compared with a net loss attributable to owners of the parent of ¥35 million in the year-earlier period.」
The Company kept selling, general and administrative expenses to 98.4% of the year-earlier period through reductions in various expenses, and operating income, ordinary income, and net income attributable to owners of the parent all turned profitable. - FY2017-Q1AdvancedAnnual report
「To minimize the impact of declining profit margins, the Group worked to reduce various expenses and kept selling, general and administrative expenses to ¥392 million, or 97.5% of the year-earlier period, as a result」
The Company disclosed measurable progress in response to lower profit margins, reducing various expenses and keeping selling, general and administrative expenses to 97.5% of the year-earlier period. - FY2016First statedAnnual report
「We believe that a highly profitable and financially sound position oriented toward a growth strategy means being able to formulate a growth strategy that encompasses improvements in management quality and other qualitative aspects, not merely sales growth, and demonstrates stability.」
The Group's measures include improving performance management methods, expanding sales strategy meetings, strengthening administrative functions, and strengthening risk management.