Growth in operating profit, ordinary profit and net profit despite lower revenue
First written in FY2017. 8 of 34 entries say "Worsened", first in FY2018-Q3. Latest entry: 2026-11-13.
The whole theme swung hardest in 2020: 32 of 126 companies on the "Worse" side.
54 other companies' latest entry also says "Other".
- FY2026AdvancedAnnual report
「For the fiscal year, revenue was ¥4,558.6 million, down 7.5% from the previous fiscal year, due mainly to lower sales volume of fish feed. Operating profit was ¥1,316 million, up 22.4%, ordinary profit was ¥1,673 million, up 22.7%, and net income attributable to owners of the parent was ¥1,275 million, up 20.8%, due mainly to improved fattening performance at farms for the company's proprietary Kirishima Kurobuta brand.」
Revenue declined due to lower sales volume of fish feed, while operating profit, ordinary profit and net income attributable to owners of the parent all increased due mainly to improved fattening performance for Kirishima Kurobuta. - 2026-05-15Cited as achievedEarnings presentation
「売上高 49,267 45,586 ▲3,681 営業利益 1,076 1,316 240 経常利益 1,363 1,673 309 親会社株主に帰属 する当期純利益 1,055 1,275 219」
2026年3月期は売上高が減少した一方、営業利益・経常利益・親会社株主に帰属する当期純利益が増加した。 - FY2026-H1Operating profit, ordinary profit and net income attributable to owners of the parent increased sharply despite lower revenueAnnual report
「Revenue for the six-month period was ¥2,236.9 million, down 9.4% year on year, due mainly to lower sales volume of fish feed. Operating profit was ¥787 million, up 298.2%, ordinary profit was ¥969 million, up 164.2%, and interim net income attributable to owners of the parent was ¥735 million, up 204.8%, due to improved fattening performance at farms for the company's proprietary Kirishima Kurobuta brand, more efficient sourcing of raw materials for fish feed and improved productivity, which improved margins.」
Revenue declined 9.4% due to lower sales volume of fish feed, while all 3 profit indicators increased sharply due to improved fattening performance for Kirishima Kurobuta and improved raw material sourcing and productivity in the feed business. - FY2025AdvancedAnnual report
「For the fiscal year, revenue was ¥4,926.7 million, up 4.0% from the previous fiscal year, due to price revisions implemented in response to soaring raw material prices and energy costs and increased sales volume of fish feed. Operating profit was ¥1,076 million, up 54.1%, and ordinary profit was ¥1,363 million, up 49.3%, due mainly to increased sales volume of fish feed. Net income attributable to owners of the parent was ¥1,055 million, up 40.9%, partly due to a gain on the sale of investment securities arising from the reduction of cross-held shares.」
Revenue increased due to price revisions and higher sales volume of fish feed, while operating profit, ordinary profit and net income attributable to owners of the parent all increased. - FY2025-H1WorsenedAnnual report
「Revenue for the six-month period was ¥2,467.7 million, up 3.9% year on year, due to price revisions for feed implemented in response to soaring raw material prices and energy costs and increased overseas sales volume of fish feed. Operating profit was ¥197 million, down 73.5%, ordinary profit was ¥367 million, down 57.0%, and interim net income attributable to owners of the parent was ¥241 million, down 61.4%, due mainly to deteriorating fattening performance at a subsidiary farm for the company's proprietary Kirishima Kurobuta brand.」
Revenue increased due to feed price revisions and other factors, while operating profit, ordinary profit and interim net income attributable to owners of the parent declined sharply due mainly to deteriorating fattening performance at the subsidiary farm for Kirishima Kurobuta. - FY2024AdvancedAnnual report
「For the fiscal year, revenue was ¥4,737.6 million, up 11.4% from the previous fiscal year, due mainly to price revisions for food and feed implemented in response to soaring raw material prices and energy costs. Operating profit was ¥698 million, up 98.5%, ordinary profit was ¥913 million, up 93.1%, and net income attributable to owners of the parent was ¥749 million, up 124.8%, due mainly to improved margins resulting from the price revisions.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all turned upward year on year due to improved margins from price revisions. - FY2024-Q3Further progress in the shift to increased revenue and profitAnnual report
「Revenue for the nine-month period was ¥3,763.2 million, up 12.0% year on year, due mainly to price revisions for food and feed implemented in response to soaring raw material prices and energy costs. Operating profit was ¥1,184 million, up 119.0%, ordinary profit was ¥1,388 million, up 118.9%, and net income attributable to owners of the parent was ¥1,075 million, up 165.8%, due mainly to improved margins resulting from the price revisions.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year due to improved margins from price revisions. - FY2024-Q2AdvancedAnnual report
「Revenue for the six-month period was ¥2,374.9 million, up 13.8% year on year, due to price revisions for food and feed implemented in response to soaring raw material prices and energy costs. Operating profit was ¥746 million, compared with ¥55 million in the same period of the previous year, due mainly to improved margins resulting from the price revisions. Ordinary profit was ¥852 million, up 738.1%, and net income attributable to owners of the parent was ¥625 million, compared with ¥11 million in the same period of the previous year.」
The shift from deteriorating earnings in the same period of the previous year to increased revenue and profit, accompanied by improved margins from price revisions, progressed further. Revenue increased 13.8%, and ordinary profit increased 738.1% year on year. - FY2024-Q1Shift to higher revenue and profitsAnnual report
「Revenue for the first quarter was ¥1,105.4 million, up 18.7% year on year, due to price revisions for food and feed implemented in response to soaring raw material prices and energy costs. Operating profit was ¥280 million, compared with ¥14 million in the same period of the previous year, due to improved margins resulting from the price revisions. Ordinary profit was ¥373 million, up 445.8%, and net income attributable to owners of the parent was ¥285 million, up 433.4%.」
The company shifted from declining revenue and deteriorating earnings in the same period of the previous year to increased revenue and profit, accompanied by improved margins from price revisions. - FY2023WorsenedAnnual report
「Revenue was ¥4,254.4 million, up 5.3% from the previous fiscal year. However, the price revisions did not fully offset the increase in costs, and the group reorganization conducted in the previous fiscal year also affected earnings. Operating profit was ¥351 million, down 51.7%, ordinary profit was ¥473 million, down 48.4%, and net income attributable to owners of the parent was ¥333 million, down 52.9%.」
Revenue increased, but operating profit, ordinary profit and net income attributable to owners of the parent declined sharply due to delayed price revisions and the impact of the group reorganization. - FY2023-Q3RestatedAnnual report
「Revenue for the nine-month period was ¥3,360.5 million, up 4.8% year on year, due to increased sales volume of processed meat products as food service demand recovered and price revisions for food and feed implemented in response to soaring raw material prices and energy costs. However, the price revisions did not fully offset the increase in costs, and the group reorganization conducted in the previous fiscal year also affected earnings. Operating profit was ¥541 million, down 48.2%, ordinary profit was ¥634 million, down 47.2%, and net income attributable to owners of the parent was ¥404 million, down 46.9%.」
Revenue increased 4.8% year on year, while operating profit, ordinary profit and net income attributable to owners of the parent all declined sharply year on year, with delayed price revisions and the impact of the group reorganization continuing to affect profitability. - FY2023-Q2WorsenedAnnual report
「Revenue for the six-month period was ¥2,087.3 million, up 3.3% year on year, due to increased sales volume of processed meat products as food service demand recovered and price revisions for food and feed implemented in response to soaring raw material prices and energy costs. However, the price revisions did not fully offset the increase in costs, and the group reorganization conducted in the previous fiscal year also affected earnings. Operating profit was ¥55 million, down 90.1%, ordinary profit was ¥101 million, down 84.8%, and net income attributable to owners of the parent was ¥11 million, down 97.3%.」
Revenue increased 3.3% year on year, while operating profit, ordinary profit and net income attributable to owners of the parent for the quarter declined 90.1%, 84.8% and 97.3%, respectively, indicating further deterioration in profitability. - FY2023-Q1WorsenedAnnual report
「Revenue for the first quarter was ¥931.5 million, down 1.0% year on year, as two consolidated subsidiaries were excluded from the scope of consolidation following the group reorganization conducted in the previous fiscal year, despite increased sales of livestock feed and meat products. Operating profit was ¥14 million, down 91.9%, ordinary profit was ¥68 million, down 75.3%, and net income attributable to owners of the parent was ¥53 million, down 66.2%, due partly to margin deterioration caused by soaring raw material prices and the impact of the group reorganization.」
Revenue declined 1.0%, while operating profit, ordinary profit and net income attributable to owners of the parent for the quarter were down 91.9%, 75.3% and 66.2%, respectively, from the same period of the previous year. - FY2022Operating profit and ordinary profit increased despite lower revenue, while net income attributable to owners of the parent declinedAnnual report
「For the fiscal year, group revenue was ¥4,038.9 million, compared with ¥4,436.6 million in the previous fiscal year, due to lower sales volume of meat products and fish feed. Operating profit was ¥728 million, up 18.3%, and ordinary profit was ¥916 million, up 8.0%, due to firm seafood market prices and efforts to focus on profitable transactions. Net income attributable to owners of the parent was ¥707 million, down 45.2%, due to the absence of the previous fiscal year's extraordinary gain from the sale of fixed assets.」
Revenue declined, while operating profit and ordinary profit increased. Net income attributable to owners of the parent declined due to the absence of the previous fiscal year's gain on the sale of fixed assets. - FY2022-Q3WorsenedAnnual report
「Revenue for the nine-month period was ¥3,206.9 million, compared with ¥3,557.3 million in the same period of the previous year, due to lower sales volume of pork and fish feed. Operating profit was ¥1,043 million, up 0.1% year on year due to lower selling, general and administrative expenses. Ordinary profit was ¥1,201 million, down 3.6% due to lower non-operating income, and net income attributable to owners of the parent was ¥761 million, down 41.4%.」
Revenue fell below the same period of the previous year due to lower sales volume of pork and fish feed. Operating profit rose only marginally, while ordinary profit declined 3.6% and net income attributable to owners of the parent for the quarter declined 41.4%. - FY2022-Q2WorsenedAnnual report
「Revenue for the six-month period was ¥2,020.4 million, compared with ¥2,237.3 million in the same period of the previous year, due to lower sales volume of pork and fish-paste products. Operating profit was ¥558 million, down 11.1% year on year, ordinary profit was ¥670 million, down 6.9%, and net income attributable to owners of the parent was ¥412 million, down 58.9%, due to the absence of the extraordinary gain recognized in the same period of the previous year from the sale of fixed assets.」
Revenue declined, and operating profit and ordinary profit also declined year on year. Net income attributable to owners of the parent fell 58.9%, partly due to the absence of the previous year's gain on the sale of fixed assets. - FY2022-Q1Ordinary profit increased despite lower revenue, while operating profit and net income attributable to owners of the parent declinedAnnual report
「Revenue for the first quarter was ¥941.3 million, compared with ¥1,050.7 million in the same period of the previous year, due to lower sales volume of pork and fish-paste products despite increased sales volume of fish feed. Operating profit was ¥176 million, down 7.8% year on year, partly due to lower revenue. Ordinary profit was ¥277 million, up 2.9%, due to an improvement in non-operating income and expenses. Net income attributable to owners of the parent was ¥158 million, down 2.9%, due mainly to higher tax expenses.」
Revenue, operating profit and net income attributable to owners of the parent were below the same period of the previous year, while ordinary profit increased due to an improvement in non-operating income and expenses. - FY2021Revenue and profit declined, but net income attributable to owners of the parent increased due to a gain on the sale of real estateAnnual report
「For the fiscal year, group revenue was ¥4,436.6 million, down 1.8% from the previous fiscal year. This reflected lower sales volume of processed meat products for the food service and hotel industries and lower sales volume of fish feed amid weak demand for farmed fish, despite increased sales volume of prepared foods due to stronger stay-at-home demand. Operating profit was ¥615 million, down 37.7%, and ordinary profit was ¥848 million, down 34.2%, due mainly to lower sales volume of processed meat products for commercial use and fish feed. Net income attributable to owners of the parent was ¥1,291 million, up 47.7%, partly due to the recognition of a ¥781 million gain on the sale of rental property in Minato-ku, Osaka.」
Revenue, operating profit and ordinary profit declined, while net income attributable to owners of the parent increased due to a gain on the sale of rental property in Minato-ku, Osaka. - FY2021-Q3Lower operating and ordinary income despite slight revenue growth, with higher net income attributable to owners of the parent on a gain from asset salesAnnual report
「Revenue for the first nine months of the fiscal year was ¥35,573 million, up 0.1% year on year, due mainly to higher sales volumes of prepared foods driven by stay-at-home demand, despite lower sales volumes of processed meat products for the foodservice and hotel industries. Operating income fell 18.9% to ¥1,042 million and ordinary income fell 11.1% to ¥1,246 million due mainly to lower sales volumes of fish feed and higher pork procurement costs. Quarterly net income attributable to owners of the parent rose 48.9% to ¥1,299 million, including a ¥781 million gain on the sale of rental property in Minato Ward, Osaka.」
Revenue increased 0.1% year on year, but operating profit and ordinary profit declined due to lower sales volume of fish feed and higher pork procurement costs. Net income attributable to owners of the parent increased 48.9% year on year, supported by a ¥781 million gain on the sale of rental property in Minato-ku, Osaka. - FY2021-Q2Higher operating and ordinary income despite lower revenue, with net income attributable to owners of the parent surging on gains from the sale of fixed assetsAnnual report
「Revenue for the first six months of the fiscal year was ¥22,373 million, down 0.1% year on year. Although stay-at-home demand increased sales volumes of food products for household use, sales volumes of processed meat products for the foodservice and hotel industries declined. Operating income rose 9.2% to ¥628 million due mainly to lower selling, general and administrative expenses, and ordinary income rose 13.0% to ¥720 million as non-operating income and expenses improved. Quarterly net income attributable to owners of the parent rose 187.2% to ¥1,003 million, including a ¥781 million gain on the sale of rental property in Minato Ward, Osaka.」
Revenue declined 0.1% year on year, while operating income and ordinary income increased 9.2% and 13.0%, respectively. Including a ¥781 million gain on the sale of rental property in Minato Ward, Osaka, quarterly net income attributable to owners of the parent increased 187.2%. - FY2021-Q1Slight revenue decline, with higher operating income, ordinary income and net income attributable to owners of the parentAnnual report
「Revenue for the first quarter of the fiscal year was ¥10,507 million, down 0.05% year on year. Although stay-at-home demand increased sales volumes of food products for household use amid the spread of COVID-19, sales volumes of processed meat products for the foodservice and hotel industries declined. Operating income rose 23.8% to ¥191 million due mainly to lower fixed costs, ordinary income rose 20.9% to ¥269 million as non-operating income and expenses improved, and quarterly net income attributable to owners of the parent rose 55.5% to ¥163 million.」
Higher household food sales driven by stay-at-home demand offset lower sales of processed meat products for foodservice, resulting in a 0.05% decline in revenue, while operating income, ordinary income and net income attributable to owners of the parent increased. - FY2020Higher revenue, lower operating income, and higher ordinary income and net income attributable to owners of the parentAnnual report
「As a result, the Group's revenue for the fiscal year was ¥45,175 million, up 1.7% year on year, due mainly to higher sales of fish feed and functional foods. In terms of earnings, operating income fell 10.5% to ¥988 million due in part to margin deterioration resulting from higher pork procurement costs, while ordinary income rose 1.0% to ¥1,288 million as non-operating income and expenses improved. Net income attributable to owners of the parent rose 1.1% to ¥874 million, despite the recognition of ¥237 million in impairment loss on investment securities and other factors.」
Revenue increased 1.7%, while operating income declined 10.5%; ordinary income and net income attributable to owners of the parent increased 1.0% and 1.1%, respectively. - FY2020-Q3Revenue, operating income and ordinary income increased, while net income attributable to owners of the parent declinedAnnual report
「Revenue for the first nine months of the fiscal year was ¥35,544 million, up 1.1% year on year, due mainly to higher sales volumes of fish feed. Operating income rose 2.3% to ¥1,286 million and ordinary income rose 3.8% to ¥1,402 million on higher revenue, while quarterly net income attributable to owners of the parent fell 7.1% to ¥872 million due to higher tax expenses.」
Revenue, operating income and ordinary income increased year on year due mainly to higher sales volumes of fish feed, while quarterly net income attributable to owners of the parent declined due to higher tax expenses. - FY2020-Q2Higher revenue and operating and ordinary income coexisted with lower net income attributable to owners of the parentAnnual report
「Revenue for the first six months of the fiscal year was ¥22,393 million, up 2.8% year on year, due mainly to higher sales volumes of fish feed. Operating income rose 19.6% to ¥576 million and ordinary income rose 16.9% to ¥637 million on higher revenue, while quarterly net income attributable to owners of the parent fell 13.2% to ¥349 million due to higher tax expenses.」
Revenue, operating income and ordinary income increased due mainly to higher sales volumes of fish feed, while quarterly net income attributable to owners of the parent declined due to higher tax expenses. - FY2019AdvancedAnnual report
「The Group's revenue for the fiscal year increased for the first time in 3 fiscal years, due to higher sales of fish feed and functional foods. In terms of earnings, operating income increased for the fifth consecutive fiscal year, supported by higher revenue, improved margins on pork, continued efforts to strengthen credit management and reductions in interest-bearing debt, which also improved non-operating income and expenses.」
Revenue increased for the first time in 3 fiscal years on higher sales of fish feed and functional foods, while operating income, ordinary income and net income attributable to owners of the parent increased for the fifth consecutive fiscal year. - FY2019-Q3AdvancedAnnual report
「Revenue for the first nine months of the fiscal year was ¥35,145 million, up 1.3% year on year, due mainly to higher sales of fish feed and functional foods. Operating income rose 3.2% to ¥1,257 million, ordinary income rose 3.3% to ¥1,351 million, and quarterly net income attributable to owners of the parent rose 8.3% to ¥939 million, reflecting improved margins on pork.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year. - FY2019-Q2Revenue and net income attributable to owners of the parent increased, while operating income and ordinary income decreasedAnnual report
「Revenue for the first six months of the fiscal year was ¥21,782 million, up 1.6% year on year, due mainly to higher sales of fish feed and functional foods. Operating income fell 11.5% to ¥481 million and ordinary income fell 12.9% to ¥545 million as raw material prices remained high, while quarterly net income attributable to owners of the parent rose 1.6% to ¥402 million due to lower tax expenses.」
Revenue and quarterly net income attributable to owners of the parent increased year on year, while operating income and ordinary income declined due to the impact of high raw material prices. - FY2019-Q1Revenue growth, with divergent profit indicatorsAnnual report
「Revenue for the first quarter of the fiscal year was ¥10,358 million, up 4.1% year on year, due mainly to higher sales of fish feed and functional foods. Operating income rose 3.3% to ¥212 million, reflecting improved margins on pork and higher beef sales. Ordinary income fell 4.4% to ¥273 million due to lower non-operating income, while quarterly net income attributable to owners of the parent rose 9.5% to ¥177 million due mainly to lower tax expenses.」
The previous pattern of rising profits despite declining revenue changed in the current quarter: revenue and operating income increased, ordinary income decreased, and quarterly net income attributable to owners of the parent increased. - FY2018-Q3WorsenedAnnual report
「Revenue for the first nine months of the fiscal year was ¥34,686 million, down 3.7% year on year, despite higher sales of fish-paste products and functional foods, due mainly to lower sales volumes of fish feed. Operating income fell 9.9% to ¥1,218 million, ordinary income fell 2.5% to ¥1,308 million, and quarterly net income attributable to owners of the parent fell 14.2% to ¥867 million, due mainly to lower revenue and higher procurement costs resulting from persistently high pork prices.」
In addition to revenue, operating income, ordinary income and quarterly net income attributable to owners of the parent all declined year on year, further broadening the range of profit declines from the previous quarter. - FY2018-Q2The range of profit growth narrowedAnnual report
「Revenue for the first six months of the fiscal year was ¥21,448 million, down 7.0% year on year, despite higher sales of fish-paste products and functional foods, due mainly to lower sales volumes of fish feed. Operating income fell 5.2% to ¥544 million due to lower revenue and higher procurement costs resulting from persistently high pork prices. Ordinary income rose 7.5% to ¥626 million as non-operating income and expenses improved, while quarterly net income attributable to owners of the parent fell 10.8% to ¥396 million due to higher tax expenses.」
Revenue declined 7.0% year on year, while operating income and quarterly net income attributable to owners of the parent also decreased. Only ordinary income increased, due to improved non-operating income and expenses, changing from the previous year's pattern of increases in all three profit indicators. - FY2018-Q1RestatedAnnual report
「Revenue for the first quarter of the fiscal year was ¥9,950 million, down 6.9% year on year, due mainly to lower sales of fish feed and marine products. Operating income rose 30.5% to ¥206 million, ordinary income rose 45.4% to ¥286 million, and quarterly net income attributable to owners of the parent rose 26.6% to ¥161 million, reflecting higher exports of fish-paste products and sales of functional foods, as well as stable prices for key raw materials.」
The pattern of lower revenue but higher operating income, ordinary income and quarterly net income attributable to owners of the parent year on year was reaffirmed. - FY2017First statedAnnual report
「The Group's revenue for the fiscal year was ¥45,235 million, down 6.2% year on year, due mainly to lower sales of fish feed and meat products. In terms of earnings, operating income rose 39.0% to ¥1,138 million and ordinary income rose 55.6% to ¥1,099 million, reflecting stable prices for key raw materials. Net income attributable to owners of the parent rose 80.7% to ¥693 million, despite the recognition of ¥99 million in extraordinary loss, including a provision for business restructuring losses, related to the withdrawal of an overseas subsidiary from its business.」
Revenue declined, while operating income, ordinary income and net income attributable to owners of the parent all increased year on year.