Komori
Systena (2317) · TargetOperating losses to continue, but narrow

Achieving profitability in the overseas business next fiscal year

First written in FY2017-Q1. 6 of 25 entries say "Restated". Latest entry: FY2024.

25entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2018WorsenedFY2022-Q3 – FY20232016: 120162017: 320172018: 420182019: 220192020: 320202021: 220212022: 420222023: 420232024: 22024
Same theme, other companies
Turning Overseas Sites into Profitable Businesses and Achieving ProfitabilityA theme 15 companies write about · 0 as a headwind · 15 as a tailwind

Systena moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).

The whole theme swung hardest in 2022: 4 of 8 companies on the "Worse" side.

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

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.
Showing 14 of the 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. FY2024Operating losses to continue, but narrowAnnual report

    「As a result, revenue from this business was ¥129 million, down 3.4% from the previous fiscal year, and the operating loss was ¥27 million, compared with an operating loss of ¥29 million in the previous fiscal year.」

    The overseas business continued to post an operating deficit and revenue also declined, while the operating loss narrowed from ¥29 million to ¥27 million.
  2. FY2024-Q3The operating deficit continues, but the loss narrowed year on year.Annual report

    「As a result, revenue from this business was ¥100 million, down 2.7% year on year, and the operating loss was ¥18 million, compared with an operating loss of ¥21 million in the same period of the previous year.」

    The overseas business continued to post an operating deficit, and revenue also declined year on year, but the operating loss narrowed from ¥21 million to ¥18 million.
  3. FY2024-Q2The operating deficit continues, but the loss narrowed year on year.Annual report

    「As a result, revenue from this business was ¥68 million, down 2.4% year on year, and the operating loss was ¥10 million, compared with an operating loss of ¥12 million in the same period of the previous year.」

    The overseas business continues to post an operating deficit, but the operating loss narrowed from ¥12 million to ¥10 million year on year.
  4. FY2024-Q1AdvancedAnnual report

    「As a result, the business generated revenue of ¥36 million, up 8.5% year on year, and an operating loss of ¥2 million, compared with an operating loss of ¥10 million in the same period of the previous year.」

    The overseas business continues to report an operating loss, but the loss narrowed from ¥10 million in the same period of the previous year to ¥2 million, indicating improvement toward profitability.
  5. FY2023WorsenedAnnual report

    「The business remains in the investment phase, with revenue of ¥134 million, down 23.8% from the previous fiscal year, and an operating loss of ¥29 million, compared with an operating loss of ¥9 million in the previous fiscal year.」

    The overseas business remains in the investment phase, with revenue declining and the operating loss widening from ¥9 million to ¥29 million.
  6. FY2023-Q3WorsenedAnnual report

    「The business remains in the investment phase, with revenue of ¥103 million, down 22.5% year on year, and an operating loss of ¥21 million, compared with an operating loss of ¥2 million in the same period of the previous year.」

    The overseas business remains in the investment phase, with revenue declining year on year and the operating loss widening from ¥2 million to ¥21 million.
  7. FY2023-Q2WorsenedAnnual report

    「The business remains in the investment phase, with revenue of ¥70 million, down 19.9% year on year, and an operating loss of ¥12 million, compared with an operating loss of ¥1 million in the same period of the previous year.」

    The overseas business remains in the investment phase, with revenue declining year on year and the operating loss widening from ¥1 million to ¥12 million.
  8. FY2023-Q1WorsenedAnnual report

    「The business remains in the investment phase, with revenue of ¥33 million, down 17.4% year on year, and an operating loss of ¥10 million, compared with an operating loss of ¥3 million in the same period of the previous year.」

    The overseas business remains in the investment phase, with revenue declining and the operating loss widening from ¥3 million in the same period of the previous year to ¥10 million.
  9. FY2022WorsenedAnnual report

    「The business remains in the investment phase, with revenue of ¥176 million, down 6.5% from the previous fiscal year, and an operating loss of ¥9 million, compared with operating income of ¥7 million in the previous fiscal year.」

    The overseas business remains in the investment phase, with operating income in the previous fiscal year turning into an operating loss and revenue also declining.
  10. FY2022-Q3WorsenedAnnual report

    「The business remains in the investment phase, with revenue of ¥133 million, down 5.9% year on year, and an operating loss of ¥2 million, compared with operating income of ¥12 million in the same period of the previous year.」

    The overseas business as a whole remains in the investment phase, with operating income in the same period of the previous year turning into an operating loss and revenue also declining.
  11. FY2021AchievedAnnual report

    「Based on recurring orders from existing Japanese customers, the U.S. subsidiary continued proactive sales efforts despite the COVID-19 pandemic, with new orders for AI and IoT projects, particularly PoC development using startups' core technologies for Japanese companies, continuing. It achieved operating profitability for the fiscal year.」

    The company stated that the U.S. subsidiary achieved operating profitability for the fiscal year.
  12. FY2021-Q3RestatedAnnual report

    「Based on recurring orders from existing Japanese customers, the U.S. subsidiary has continued proactive sales efforts despite the COVID-19 pandemic, with new orders for AI and IoT projects, particularly PoC development using startups' core technologies for Japanese companies, continuing. Monthly operating profitability has continued since September 2019.」

    The company has reiterated that the U.S. subsidiary has maintained monthly operating profitability since September 2019 and continued to receive orders for AI, IoT, and PoC development.
  13. FY2021-Q2AdvancedAnnual report

    「Based on recurring orders from existing Japanese customers, the U.S. subsidiary has continued proactive sales efforts despite the COVID-19 pandemic, resulting in increased new orders and inquiries for AI and IoT projects, particularly PoC development using startups' core technologies for Japanese companies. Monthly operating profitability has continued since September last year.」

    The U.S. subsidiary has maintained monthly operating profitability since September last year, while new orders and inquiries for AI, IoT, and PoC development have also increased.
  14. FY2021-Q1AdvancedAnnual report

    「Based on recurring orders from existing Japanese customers, the U.S. subsidiary has continued proactive sales efforts despite the COVID-19 pandemic, resulting in increased new orders and inquiries for AI, IoT, and PMO projects. Monthly operating profitability has continued since September last year.」

    For the overseas business, new orders and inquiries for AI, IoT, and PMO projects have increased at the U.S. subsidiary, which has maintained monthly operating profitability since September last year.
  15. FY2020AdvancedAnnual report

    「We aim to maintain the operating profitability trend established in the second half of the previous fiscal year, based on expanding collaborative projects with these investees and solid demand for technical support from Japanese companies in the United States.」

    For the overseas business, the company is targeting continued operating profitability from the second half of the previous fiscal year, based on collaborative projects with investees and technical support for Japanese companies in the United States.
  16. FY2019RestatedAnnual report

    「The business remains in the investment phase, with revenue of ¥120 million, up 66.8% from the previous fiscal year, and an operating loss of ¥31 million, compared with an operating loss of ¥172 million in the previous fiscal year.」

    The overseas business remains in the investment phase, with revenue growth and an operating loss reported but no explicit statement of the previous profitability target.
  17. FY2019-Q3SoftenedAnnual report

    「The business remains in the investment phase, with revenue of ¥83 million, up 38.2% year on year, and an operating loss of ¥27 million, compared with an operating loss of ¥142 million in the same period of the previous year.」

    The company stated that the overseas business remains in the investment phase and disclosed the loss amount, but this filing does not mention the U.S. subsidiary's previously reported monthly profitability or the overall profitability target.
  18. FY2019-Q2AdvancedAnnual report

    「The U.S. subsidiary achieved monthly profitability at the end of the second quarter through increased orders from existing customers for development support, higher orders generated through collaboration with the solution design business, and the acquisition of new Japanese customers.」

    While the overseas business as a whole remains in the investment phase, the U.S. subsidiary achieved monthly profitability at the end of the second quarter.
  19. FY2019-Q1SoftenedAnnual report

    「The business remains in the investment phase, with revenue of ¥20 million, down 36.5% year on year, and an operating loss of ¥16 million, compared with an operating loss of ¥38 million in the same period of the previous year.」

    The company stated that the overseas business remains in the investment phase, but this filing does not mention the previous target of achieving profitability from the following fiscal year onward.
  20. FY2018RestatedAnnual report

    「The business remains in the investment phase, and we aim to turn it profitable from the following fiscal year onward.」

    The company has reiterated its target of achieving profitability from the following fiscal year onward, while the overseas business remains in the investment phase.
  21. FY2018-Q3RestatedAnnual report

    「The business remains in the investment phase, and we aim to turn it profitable from the next fiscal year onward.」

    The company has reiterated its target of achieving profitability from the next fiscal year onward, while the overseas business remains in the investment phase.
  22. FY2018-Q1RestatedAnnual report

    「The business remains in the investment phase, and we aim to turn it profitable from the next fiscal year onward.」

    The company has reiterated that the overseas business remains in the investment phase and that profitability is targeted from the next fiscal year onward.
  23. FY2017RestatedAnnual report

    「The overseas business remains in the investment phase, and we aim to turn it profitable from the next fiscal year onward.」

    The company has reiterated the same wording as in the previous quarter, stating that the overseas business remains in the investment phase and that profitability is targeted from the next fiscal year onward.
  24. FY2017-Q3SoftenedAnnual report

    「The overseas business remains in the investment phase, and we aim to turn it profitable from the next fiscal year onward.」

    The wording has changed from profitability next fiscal year to profitability from the next fiscal year onward, easing the deadline for achieving profitability.
  25. FY2017-Q1First statedAnnual report

    「The overseas business remains in the investment phase, and we aim to turn it profitable next fiscal year.」

    The company indicated that the overseas business remains in the investment phase and set profitability next fiscal year as its target.
Moved together

"Overseas Business Investment Phase and Operating Losses" moved the same way as this thread, in the same document, in 13 of its 25 moves.

1377666★123456
  1. ★This thread
  2. 1Overseas Business Investment Phase and Operating Losses13×
  3. 2Slowdown in the Market for Hardware Such as PCs and Servers7×
  4. 3Becoming loss-making due to weak game title sales and release delays7×
  5. 4Long-term focus on autonomous driving and telematics6×
  6. 5Risk of Downside in Corporate Performance Due to Economic Stagnation and Yen Appreciation6×
  7. 6Front-Loaded Launch Costs and Operating Losses in the Investment Development Business6×

★ 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.

When this could move next
Systena's next results are scheduled for 2026-10-29. Read the earnings preview
News
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