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IKK Holdings (2198) · FactRestated

Deterioration in the performance of the funeral business

First written in FY2016-Q2. 6 of 15 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2024-Q1.

15entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2018-Q1OtherFY2019-Q2 – FY2024-Q12016: 220162017: 320172018: 420182019: 420192020: 120202021: 020212022: 020222023: 020232024: 1
Same theme, other companies
Deterioration in the performance of the funeral businessA theme 3 companies write about · 3 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q1RestatedAnnual report

    「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」

    The Company states that there have been no material changes to the existing performance and business portfolio risks relating to the funeral business.
  2. FY2019Lower revenue, operating loss, business transferAnnual report

    「Revenue was ¥287 million, down 3.2% year on year, and the operating loss was ¥3 million, compared with operating profit of ¥6 million in the same period of the previous year. In addition, on 1 October 2019, the Company transferred part of its holdings in I Ceremony Co., Ltd., which operated the funeral business.」

    The funeral business reported lower revenue and shifted from operating profit in the previous year to an operating loss. In addition, the partial transfer of shares in the operating company has changed the business's position within the portfolio.
  3. FY2019-Q3Revenue decline and wider operating lossAnnual report

    「Revenue was ¥190 million, down 11.3% from the same quarter of the previous year, and the operating loss was ¥20 million, compared with an operating loss of ¥3 million in the same quarter of the previous year.」

    The funeral business reported lower revenue, while the operating loss widened from ¥3 million in the previous year to ¥20 million.
  4. FY2019-Q2Lower revenue and operating lossAnnual report

    「Revenue was ¥140 million, down 1.8% from the same quarter of the previous year, and the operating loss was ¥2 million, compared with operating profit of ¥2 million in the same quarter of the previous year.」

    The funeral business reported lower revenue and shifted from operating profit in the previous year to an operating loss.
  5. FY2019-Q1AdvancedAnnual report

    「Revenue was ¥77 million, up 8.2% from the same quarter of the previous year, and operating profit was ¥3 million, up 37.1%.」

    The funeral business reported higher revenue and profit, with revenue up 8.2% and operating profit up 37.1%.
  6. FY2018Decline in revenue and operating profitAnnual report

    「Revenue was ¥296 million, down 8.2% year on year, and operating profit was ¥6 million, down 70.6%.」

    The funeral business reported lower revenue, and operating profit also declined substantially.
  7. FY2018-Q3Lower revenue and operating lossAnnual report

    「Revenue was ¥214 million, down 8.6% from the same quarter of the previous year, and the operating loss was ¥3 million, compared with operating profit of ¥10 million in the same quarter of the previous year.」

    The funeral business shifted from higher revenue and operating profit in the previous year to lower revenue and an operating loss.
  8. FY2018-Q2Slightly higher revenue, lower operating profitAnnual report

    「Revenue was ¥143 million, up 0.5% from the same quarter of the previous year, and operating profit was ¥2 million, down 47.7% year on year.」

    The funeral business reported a slight increase in revenue, while operating profit declined 47.7% year on year.
  9. FY2018-Q1AdvancedAnnual report

    「Revenue was ¥71 million, up 6.3% from the same quarter of the previous year, and operating profit was ¥2 million, compared with operating profit of ¥0.6 million in the same quarter of the previous year.」

    The funeral business reported higher revenue year on year, while operating profit increased from ¥0.6 million in the same period of the previous year to ¥2 million.
  10. FY2017AdvancedAnnual report

    「Revenue was ¥322 million, up 16.6% year on year, and operating profit was ¥20 million, compared with an operating loss of ¥10 million in the same period of the previous year.」

    The funeral business recorded a 16.6% increase in revenue and, for the full year, reported a shift from an operating loss in the previous year to operating profit.
  11. FY2017-Q3AdvancedAnnual report

    「Revenue was ¥234 million, up 29.3% year on year, and operating profit was ¥10 million, compared with an operating loss of ¥18 million in the same quarter of the previous year.」

    The funeral business generated 29.3% higher revenue and returned to operating profitability from an operating loss in the previous year.
  12. FY2017-Q2AdvancedAnnual report

    「Revenue was ¥142 million, up 24.0% year on year, and operating profit was ¥5 million, compared with an operating loss of ¥12 million in the same quarter of the previous year.」

    The funeral business returned to operating profitability from an operating loss in the previous year, while revenue increased 24.0%.
  13. FY2017-Q1AdvancedAnnual report

    「Revenue was ¥67 million, up 5.6% year on year, and operating profit was ¥0.6 million, compared with an operating loss of ¥3 million in the same quarter of the previous year.」

    The funeral business returned to operating profitability from an operating loss in the previous year, with higher revenue and a return to profitability.
  14. FY2016-Q3WorsenedAnnual report

    「Revenue was ¥181 million, down 33.5% year on year, and operating loss was ¥18 million, compared with operating profit of ¥43 million in the same quarter of the previous year.」

    The funeral business generated lower revenue, and the deterioration from operating profit in the previous year to an operating loss has continued.
  15. FY2016-Q2First statedAnnual report

    「Revenue was ¥114 million, down 38.4% year on year, and the operating loss was ¥12 million, compared with operating profit of ¥33 million in the same quarter of the previous year.」

    The funeral business posted lower revenue and deteriorated from operating profit to an operating loss.
Moved together

"High Occupancy Rates and Return to Profitability at Care Facilities" moved the same way as this thread, in the same document, in 4 of its 15 moves.

4222★1234
  1. ★This thread
  2. 1High Occupancy Rates and Return to Profitability at Care Facilities4×
  3. 2Improvement in return on assets and ordinary income and equity ratio2×
  4. 3Expansion of the overseas wedding business in Indonesia2×
  5. 4Acquisition of Shares in a Subsidiary2×

★ 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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Deterioration in the performance of the funeral business | IKK Holdings Inc. (2198) | Komori