Profit Decline Due to Higher Selling, General and Administrative Expenses Despite Revenue Growth
First written in FY2017-Q2. 14 of 39 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2027-H1.
Arbeit-Times moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2021: 5 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2027-H1Higher revenue and profit; expanded earningsAnnual report
「As a result, the group's consolidated results for the interim consolidated accounting period were net sales of ¥2,441 million, up 1.5% from the previous interim consolidated accounting period. Cost of sales was ¥801 million, down 0.9%, while selling, general and administrative expenses, including amortization of goodwill and other items, were ¥1,488 million, down 1.7%. Operating profit was ¥151 million, up 84.3%, ordinary profit was ¥156 million, up 93.7%, and interim net profit attributable to owners of the parent was ¥115 million, up 81.7%.」
Net sales increased only 1.5% year on year, while lower cost of sales and SG&A expenses drove increases of 84.3% in operating profit, 93.7% in ordinary profit, and 81.7% in interim net profit. - 2026-10-08Others.kabutan.jp
「Consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2027 (March-August) increased 95.0% year on year to ¥156 million, reaching 56.3% of the full-year forecast of ¥277 million, although this was below the three-year average of 65.9%.」
Consolidated ordinary profit for the first half of the fiscal year ending February 2027 was ¥156 million, representing a reported 95.0% year-on-year increase. - FY2026Revenue growth and higher profit, with operating profit continuing to expandAnnual report
「As a result, for the current consolidated fiscal year, the group’s consolidated net sales were ¥4,719 million, up 13.4%. Cost of sales was ¥1,557 million, up 23.3%, selling, general and administrative expenses were ¥3,001 million, up 6.1%, and operating profit was ¥160 million, up 133.6%. Ordinary profit was ¥169 million, up 92.1%, and net income attributable to owners of the parent was ¥189 million, compared with a net loss attributable to owners of the parent of ¥467 million in the previous consolidated fiscal year.」
Revenue increased 13.4% and operating profit increased 133.6%, with net profit attributable to owners of the parent turning positive at ¥189 million from a net loss in the previous fiscal year. - 2026-04-09OtherEarnings forecast revision
「As a result, for the current consolidated fiscal year, the group’s consolidated net sales were ¥4,719 million, up 13.4%. Cost of sales was ¥1,557 million, up 23.3%, selling, general and administrative expenses were ¥3,001 million, up 6.1%, and operating profit was ¥160 million, up 133.6%. Ordinary profit was ¥169 million, up 92.1%, and net income attributable to owners of the parent was ¥189 million, compared with a net loss attributable to owners of the parent of ¥467 million in the previous consolidated fiscal year.」
The company moved from an operating loss and a net loss in the previous fiscal year to higher sales, higher operating profit and net income attributable to owners of the parent. - FY2026-H1Revenue growth and higher profit, with operating profit continuing to expandAnnual report
「As a result, the Group’s consolidated results for the interim consolidated accounting period under review were as follows. Revenue was ¥2,404 million, up 15.6% from the previous interim consolidated accounting period. Cost of sales was ¥808 million, up 27.5%. Due to expenses related to the acquisition of shares in a subsidiary and amortization of goodwill, selling, general and administrative expenses were ¥1,513 million, up 4.8%. Operating profit was ¥82 million, compared with ¥1 million in the previous interim consolidated accounting period, ordinary profit was ¥80 million, compared with ¥6 million, and interim net profit attributable to owners of the parent was ¥63 million, compared with net profit attributable to owners of the parent of ¥30 million.」
Revenue increased 15.6%, while operating profit increased from ¥1 million to ¥82 million, ordinary profit from ¥6 million to ¥80 million and interim net profit from ¥30 million to ¥63 million. - FY2025WorsenedAnnual report
「Revenue was ¥4,160 million, down 3.7%. Cost of sales was ¥1,262 million, down 3.1%, and selling, general and administrative expenses were ¥2,829 million, down 2.7%, resulting in operating profit of ¥68 million, down 36.3%. Ordinary profit was ¥88 million, up 89.9%, due in part to ¥13 million in gains on investment limited partnership operations. An extraordinary loss, an impairment loss related to software development for the new core system, was recorded, resulting in net loss attributable to owners of the parent of ¥467 million, compared with a net loss of ¥32 million in the previous consolidated fiscal year.」
Full-year revenue declined 3.7% and operating profit declined 36.3%. An impairment loss of ¥552.905 million related to software development for the core system caused net loss attributable to owners of the parent to widen to ¥467 million. - FY2025-H1WorsenedAnnual report
「As a result, the Group’s consolidated results for the interim consolidated accounting period under review were as follows. Revenue was ¥2,079 million, down 5.2% from the previous interim consolidated accounting period. Cost of sales was ¥634 million, down 4.6%, and selling, general and administrative expenses were ¥1,443 million, down 1.3%. Operating profit was ¥1 million, down 98.2%, and ordinary profit was ¥6 million, down 89.9%.」
Revenue declined 5.2% year on year, operating profit declined 98.2% and ordinary profit declined 89.9%, with the weakening profitability that had continued from the previous fiscal year emerging as a substantial decline in profit in the interim period. - FY2025-Q1WorsenedAnnual report
「Revenue declined compared with the same quarter of the previous year due to the impact of services suspended as part of the selection and concentration of businesses. However, investment in advertising and promotional expenses to enhance product value continued, resulting in operating profit of ¥10 million, down 80.3% year on year, ordinary profit of ¥13 million, down 77.5%, and net profit attributable to owners of the parent of ¥8 million, down 79.1%.」
Revenue declined 2.4% year on year due to the impact of services suspended as part of the selection and concentration of businesses. Continued investment in advertising and promotional expenses resulted in substantial declines in operating profit, ordinary profit and quarterly net profit. - FY2024Higher revenue and operating profit, lower ordinary profit and a net lossAnnual report
「Revenue was ¥4,318 million, up 6.8%. Due to the recovery in revenue, operating profit was ¥107 million, up 95.9%. Ordinary profit was ¥46 million, down 31.6%, due to expenses related to the tender offer for treasury shares. An impairment loss on investment securities was recorded, resulting in net loss attributable to owners of the parent of ¥32 million, compared with net profit of ¥44 million in the previous consolidated fiscal year.」
Revenue and operating profit increased, while ordinary profit declined due to expenses related to the tender offer for treasury shares, and a net loss attributable to owners of the parent was recorded due to an impairment loss on investment securities. - FY2024-Q3Revenue and profit growth continues, with profits continuing to expandAnnual report
「As a result, the Group’s consolidated results for the cumulative third quarter under review were as follows. Revenue was ¥3,292 million, up 9.1% year on year. Cost of sales was ¥995 million, up 10.6%, and selling, general and administrative expenses were ¥2,194 million, up 3.9%. The increase in revenue contributed to operating profit of ¥103 million, up ¥96 million year on year. Ordinary profit was ¥101 million, up ¥77 million, and net profit attributable to owners of the parent was ¥62 million, up ¥68 million.」
Revenue increased 9.1% year on year, and increases in profit continued, with operating profit of ¥103 million, ordinary profit of ¥101 million and net profit attributable to owners of the parent of ¥62 million. - FY2024-Q2Revenue and profit growth, with the return to operating profitability continuingAnnual report
「As a result, the Group’s consolidated results for the cumulative second quarter under review were as follows. Revenue was ¥2,193 million, up 11.3% year on year. Cost of sales was ¥664 million, up 9.8%, and selling, general and administrative expenses were ¥1,462 million, up 4.1%. The increase in revenue contributed to operating profit of ¥67 million, up ¥105 million year on year, ordinary profit of ¥66 million, up ¥86 million, and net profit attributable to owners of the parent of ¥40 million, up ¥63 million.」
Revenue increased 11.3% year on year, with results changing from an operating loss of ¥38 million to an operating profit of ¥67 million. Ordinary profit and net profit attributable to owners of the parent also returned to profitability, continuing the trend of higher revenue and profit and the return to operating profitability. - FY2024-Q1Revenue and profit growth continues, with operating profit rising sharplyAnnual report
「As a result, the Group’s consolidated results for the cumulative first quarter under review were as follows. Revenue was ¥1,112 million, up 7.4% year on year. Cost of sales was ¥337 million, up 4.2%, and selling, general and administrative expenses were ¥720 million, up 2.4%. The increase in revenue contributed to operating profit of ¥54 million, up ¥568.3%, ordinary profit of ¥58 million, up 342.4%, and net profit attributable to owners of the parent of ¥39 million, up 331.9%.」
Revenue increased 7.4% year on year, and operating profit, ordinary profit and net profit attributable to owners of the parent all increased substantially. The trend of higher revenue and profit continued in the first quarter under review. - FY2023Full-year revenue and profit growth, with operating profit continuing to expandAnnual report
「Revenue was ¥4,044 million, up 11.6%. Cost of sales was ¥1,192 million, up 4.5%, and selling, general and administrative expenses were ¥2,796 million, up 12.7%. Due to the recovery in revenue, operating profit was ¥54 million, compared with ¥0 million in the previous consolidated fiscal year. Ordinary profit was ¥67 million, up 444.8%, and net profit attributable to owners of the parent was ¥44 million, up 10.5%.」
Full-year revenue increased 11.6% year on year, while operating profit increased from ¥0 million in the previous fiscal year to ¥54 million. Ordinary profit and net profit attributable to owners of the parent also increased, resulting in full-year revenue and profit growth. - FY2023-Q3Return to operating profitabilityAnnual report
「Revenue increased compared with the same quarter of the previous year. Despite spending on personnel and advertising and promotional expenses, operating profit was ¥6 million, compared with an operating loss of ¥37 million, and ordinary profit was ¥24 million, compared with an ordinary loss of ¥28 million. Due to the reversal of deferred tax assets, net loss attributable to owners of the parent was ¥6 million, compared with a net loss of ¥31 million.」
Revenue increased 12.4% year on year, with results changing from an operating loss of ¥37 million to an operating profit of ¥6 million and from an ordinary loss of ¥28 million to an ordinary profit of ¥24 million. Net loss also narrowed from ¥31 million to ¥6 million. - FY2023-Q2Continued revenue growth and narrowing lossesAnnual report
「Revenue increased compared with the same quarter of the previous year, but due to spending on personnel and advertising and promotional expenses, operating loss was ¥38 million, compared with ¥84 million, ordinary loss was ¥20 million, compared with ¥75 million, and net loss attributable to owners of the parent was ¥23 million, compared with ¥64 million.」
Revenue increased 14.4% year on year, while operating loss narrowed from ¥84 million to ¥38 million, ordinary loss from ¥75 million to ¥20 million and net loss from ¥64 million to ¥23 million. However, spending on personnel and advertising and promotional expenses prevented a return to operating profitability. - FY2023-Q1Higher revenue and a return to operating profitabilityAnnual report
「As a result, the Group’s consolidated results for the cumulative first quarter under review were as follows. Revenue was ¥1,035 million, up 16.7% year on year. Cost of sales was ¥324 million, up 8.9%, and selling, general and administrative expenses were ¥703 million, up 11.1%. Revenue increased compared with the same quarter of the previous year. Operating profit was ¥8 million, compared with an operating loss of ¥43 million, ordinary profit was ¥13 million, compared with an ordinary loss of ¥37 million, and net profit attributable to owners of the parent was ¥9 million, compared with a net loss of ¥43 million.」
Revenue increased 16.7% year on year, with results changing from an operating loss of ¥43 million to an operating profit of ¥8 million and from an ordinary loss of ¥37 million to an ordinary profit of ¥13 million. - FY2022Return to profitability for the full yearAnnual report
「Due to the recovery in revenue and a review of the cost structure, operating profit was ¥0 million, compared with an operating loss of ¥545 million in the previous consolidated fiscal year, ordinary profit was ¥12 million, compared with an ordinary loss of ¥518 million, and net profit attributable to owners of the parent was ¥39 million, compared with a net loss of ¥500 million, resulting in a return to profitability.」
Due to the recovery in revenue and a review of the cost structure, results changed from an operating loss of ¥545 million to an operating profit of ¥494 thousand, from an ordinary loss of ¥518 million to an ordinary profit of ¥12 million, and from a net loss of ¥500 million to a net profit of ¥39 million. - FY2022-Q3Continued revenue growth and narrowing lossesAnnual report
「The Group’s consolidated results for the cumulative quarter under review were as follows. Revenue was ¥2,684 million, up 16.5% year on year. Cost of sales was ¥854 million, down 3.7%, and selling, general and administrative expenses were ¥1,868 million, up 1.0%. Operating loss was ¥37 million, compared with ¥432 million in the same period of the previous year. Ordinary loss was ¥28 million, compared with ¥414 million, and net loss attributable to owners of the parent was ¥31 million, compared with ¥447 million.」
Revenue increased 16.5% year on year, while operating loss narrowed from ¥432 million to ¥37 million, ordinary loss from ¥414 million to ¥28 million and net loss attributable to owners of the parent from ¥447 million to ¥31 million. - FY2022-Q2Continued revenue growth and narrowing lossesAnnual report
「As a result, the Group’s consolidated results for the cumulative second quarter under review were as follows. Revenue was ¥1,723 million, up 14.0% year on year. Cost of sales was ¥562 million, down 7.0%, and selling, general and administrative expenses were ¥1,246 million, up 1.5%. Revenue increased compared with the same quarter of the previous year, but the impact of the spread of COVID-19 had not been resolved in the human resources market in which the Company operates. Operating loss was ¥84 million, compared with ¥320 million, ordinary loss was ¥75 million, compared with ¥320 million, and net loss attributable to owners of the parent was ¥64 million, compared with ¥313 million.」
Revenue increased 14.0% year on year, while operating loss narrowed from ¥320 million to ¥84 million, ordinary loss from ¥320 million to ¥75 million and net loss attributable to owners of the parent from ¥313 million to ¥64 million. - FY2022-Q1Revenue growth and narrower lossesAnnual report
「As a result, the Group’s consolidated results for the cumulative first quarter under review were as follows. Revenue was ¥887 million, up 7.4% year on year. Cost of sales was ¥297 million, down 9.3%, and selling, general and administrative expenses were ¥633 million, down 1.4%. Revenue increased and costs including cost of sales and selling, general and administrative expenses were reduced compared with the same quarter of the previous year, but the impact of the spread of COVID-19 had not yet been resolved in the human resources market in which the Company operates. Operating loss was ¥43 million, compared with ¥143 million, ordinary loss was ¥37 million, compared with ¥142 million, and net loss attributable to owners of the parent was ¥43 million, compared with ¥130 million.」
Revenue increased 7.4%, and operating loss narrowed from ¥143 million to ¥43 million while ordinary loss narrowed from ¥142 million to ¥37 million as a result of reductions in cost of sales and selling, general and administrative expenses. However, the impact of the infection had not yet been resolved in the human resources market. - FY2021WorsenedAnnual report
「As a result, the Group’s consolidated results for the consolidated fiscal year under review were as follows. Revenue was ¥3,100 million, down 31.9% from the previous consolidated fiscal year. Cost of sales was ¥1,156 million, down 21.9%, and selling, general and administrative expenses were ¥2,488 million, down 13.6%. Cost reductions were insufficient to offset the decline in revenue caused by the spread of COVID-19. Operating loss was ¥545 million, compared with operating profit of ¥190 million in the previous consolidated fiscal year. Ordinary loss was ¥518 million, compared with ordinary profit of ¥224 million, and net loss attributable to owners of the parent was ¥500 million, compared with net profit of ¥174 million.」
Revenue declined 31.9% year on year and, despite a 13.6% reduction in selling, general and administrative expenses, operating loss was ¥545 million, ordinary loss was ¥518 million and net loss attributable to owners of the parent was ¥500 million. - FY2021-Q3WorsenedAnnual report
「As a result, the Group’s consolidated results for the cumulative third quarter under review were as follows. Revenue was ¥2,304 million, down 34.2% year on year. Cost of sales was ¥887 million, down 21.4%, and selling, general and administrative expenses were ¥1,849 million, down 15.0%. Cost reductions were insufficient to offset the decline in revenue caused by the spread of COVID-19. Operating loss was ¥432 million, compared with operating profit of ¥195 million in the same quarter of the previous year, and ordinary loss was ¥414 million, compared with ordinary profit of ¥198 million. Following a review of the recoverability of fixed assets held by a subsidiary, an impairment loss of ¥44 million was recorded, resulting in net loss attributable to owners of the parent of ¥447 million, compared with net profit of ¥138 million.」
Revenue declined 34.2% year on year and, despite cost reductions, operating loss was ¥432 million, ordinary loss was ¥414 million and net loss attributable to owners of the parent was ¥447 million. - FY2021-Q2WorsenedAnnual report
「As a result, the Group’s consolidated results for the cumulative second quarter under review were as follows. Revenue was ¥1,511 million, down 36.4% year on year. Cost of sales was ¥604 million, down 21.0%, and selling, general and administrative expenses were ¥1,227 million, down 17.8%. Cost reductions were insufficient to offset the decline in revenue caused by the spread of COVID-19. Operating loss was ¥320 million, compared with operating profit of ¥117 million in the same quarter of the previous year. Ordinary loss was ¥320 million, compared with ordinary profit of ¥121 million, and net loss attributable to owners of the parent was ¥313 million, compared with net profit of ¥84 million.」
Revenue declined 36.4% year on year and, despite cost reductions, operating loss was ¥320 million, ordinary loss was ¥320 million and net loss attributable to owners of the parent was ¥313 million. - FY2021-Q1WorsenedAnnual report
「As a result, the Group’s consolidated results for the cumulative first quarter under review were as follows. Revenue was ¥826 million, down 35.3% year on year. Cost of sales was ¥328 million, down 19.8%, and selling, general and administrative expenses were ¥642 million, down 21.7%. Cost reductions were insufficient to offset the decline in revenue caused by the spread of COVID-19. Operating loss was ¥143 million, compared with operating profit of ¥47 million in the same quarter of the previous year. Ordinary loss was ¥142 million, compared with ordinary profit of ¥50 million, and net loss attributable to owners of the parent was ¥130 million, compared with net profit of ¥36 million.」
Revenue declined 35.3% year on year and, despite cost reductions, operating loss was ¥143 million, ordinary loss was ¥142 million and net loss attributable to owners of the parent was ¥130 million. - FY2020WorsenedAnnual report
「As a result, the Group’s consolidated results for the consolidated fiscal year under review were as follows. Revenue was ¥4,550 million, down 16.8% from the previous consolidated fiscal year. Cost of sales was ¥1,480 million, down 11.8%, and selling, general and administrative expenses were ¥2,879 million, down 11.0%, resulting in operating profit of ¥190 million, down 65.7%. Ordinary profit was ¥224 million, down 60.2%, and net profit attributable to owners of the parent was ¥174 million, down 52.3%.」
Revenue and profit both declined for the full year, with revenue down 16.8%, operating profit down 65.7%, ordinary profit down 60.2% and net profit attributable to owners of the parent down 52.3%. - FY2020-Q3WorsenedAnnual report
「As a result, the Group’s consolidated results for the cumulative third quarter under review were as follows. Revenue was ¥3,501 million, down 16.5% year on year. Cost of sales was ¥1,129 million, down 12.6%, and selling, general and administrative expenses were ¥2,176 million, down 10.4%. Operating profit was ¥195 million, down 58.4%, ordinary profit was ¥198 million, down 58.3%, and net profit attributable to owners of the parent was ¥138 million, down 58.2%.」
Revenue declined 16.5% year on year and operating profit declined 58.4%, worsening from the previous period’s lower revenue but higher profit to lower revenue and lower profit. - FY2020-Q2WorsenedAnnual report
「As a result, the Group’s consolidated results for the cumulative second quarter under review were as follows. Revenue was ¥2,377 million, down 14.7% year on year. Cost of sales was ¥765 million, down 12.2%, and selling, general and administrative expenses were ¥1,494 million, down 8.1%. Operating profit was ¥117 million, down 59.1%, ordinary profit was ¥121 million, down 58.8%, and net profit attributable to owners of the parent was ¥84 million, down 58.3%.」
Revenue declined 14.7% year on year, operating profit declined 59.1%, ordinary profit declined 58.8% and net profit attributable to owners of the parent declined 58.3%, with lower revenue and profit continuing. - FY2020-Q1WorsenedAnnual report
「As a result, the Group’s consolidated results for the cumulative first quarter under review were as follows. Revenue was ¥1,277 million, down 13.4% year on year. Cost of sales was ¥409 million, down 10.8%, and selling, general and administrative expenses were ¥820 million, down 2.8%. Operating loss was ¥47 million, compared with operating profit of ¥172 million in the same quarter of the previous year. Ordinary loss was ¥50 million, compared with ordinary profit of ¥172 million, and net loss attributable to owners of the parent was ¥36 million, compared with net profit of ¥121 million.」
Compared with the previous quarter’s higher revenue and profit and lower revenue but higher profit, revenue declined 13.4% in the current quarter, while operating profit fell 72.2%, ordinary profit fell 71.1% and net profit attributable to owners of the parent fell 70.1%. - FY2019Lower revenue and higher profit became the full-year trend, but final profit declinedAnnual report
「Revenue was ¥5,469 million, down 1.6% from the previous consolidated fiscal year. Cost of sales was ¥1,678 million, down 3.3%, and selling, general and administrative expenses were ¥3,236 million, down 1.7%, resulting in operating profit of ¥554 million, up 5.1%. Ordinary profit was ¥564 million, up 3.9%, while net profit attributable to owners of the parent was ¥366 million, down 2.8%.」
For the full year, revenue declined, but operating profit and ordinary profit increased due to lower selling, general and administrative expenses, while net profit attributable to owners of the parent declined due to impairment losses and other factors. - FY2019-Q3RestatedAnnual report
「As a result, the Group’s consolidated results for the cumulative third quarter under review were as follows. Revenue was ¥4,191 million, down 1.4% year on year. Cost of sales was ¥1,292 million, down 2.1%, and selling, general and administrative expenses were ¥2,430 million, down 2.0%. Operating profit was ¥469 million, up 4.5%, ordinary profit was ¥477 million, up 4.4%, and net profit attributable to owners of the parent was ¥331 million, up 1.3%.」
Revenue declined 1.4% year on year, while selling, general and administrative expenses fell 2.0%, resulting in increases in operating profit, ordinary profit and net profit attributable to owners of the parent. The pattern of lower revenue but higher profit continued. - FY2019-Q2Shift to higher profit despite lower revenueAnnual report
「As a result, the Group’s consolidated results for the cumulative second quarter under review were as follows. Revenue was ¥2,786 million, down 0.4% year on year. Cost of sales was ¥871 million, up 0.7%, and selling, general and administrative expenses were ¥1,626 million, down 2.0%. Operating profit was ¥287 million, up 5.4%, ordinary profit was ¥294 million, up 4.9%, and net profit attributable to owners of the parent was ¥202 million, up 0.1%.」
Revenue declined 0.4% year on year, while selling, general and administrative expenses fell 2.0%, resulting in increases in operating profit, ordinary profit and net profit attributable to owners of the parent. Following the previous fiscal year’s pattern of higher revenue but lower profit and the previous quarter’s higher revenue and profit, the current quarter delivered lower revenue but higher profit. - FY2019-Q1Shift to revenue and earnings growthAnnual report
「As a result, the Group’s consolidated results for the cumulative first quarter under review were as follows. Revenue was ¥1,474 million, up 2.1% year on year. Cost of sales was ¥458 million, up 3.3%, and selling, general and administrative expenses were ¥843 million, down 2.0%. Operating profit was ¥172 million, up 24.1%, ordinary profit was ¥172 million, up 24.3%, and net profit attributable to owners of the parent was ¥121 million, up 9.4%.」
Revenue rose 2.1% and selling, general and administrative expenses fell 2.0%, resulting in year-on-year increases in operating profit, ordinary profit and net profit attributable to owners of the parent. After a pattern of higher revenue but lower profit through the previous fiscal year, the current quarter produced both revenue and profit growth. - FY2018RestatedAnnual report
「Revenue was ¥5,556 million, up 2.4% from the previous consolidated fiscal year. Cost of sales was ¥1,735 million, up 9.0%, and selling, general and administrative expenses were ¥3,293 million, up 4.1%. Operating profit was ¥527 million, down 21.3%, due to higher advertising and promotional expenses to enhance product capabilities and direct costs related to new areas expanded into and new products introduced in the previous consolidated fiscal year. Ordinary profit was ¥543 million, down 18.2%, and net profit attributable to owners of the parent was ¥377 million, down 19.6%.」
Despite full-year revenue growth, the pattern of declines from operating profit downward due to advertising and promotional expenses and direct costs for new areas and new products was reaffirmed. - FY2018-Q3RestatedAnnual report
「As a result, the Group’s consolidated results for the cumulative third quarter under review were as follows. Revenue was ¥4,249 million, up 3.7% year on year. Cost of sales was ¥1,320 million, up 11.4%, and selling, general and administrative expenses were ¥2,479 million, up 4.3%. Operating profit was ¥448 million, down 16.1%, due to higher advertising and promotional expenses to enhance product capabilities and direct costs related to new areas expanded into and new products introduced in the previous consolidated fiscal year. Ordinary profit was ¥457 million, down 14.0%, and net profit attributable to owners of the parent was ¥327 million, down 14.3%.」
The pattern of operating profit, ordinary profit and net profit attributable to owners of the parent remaining below the previous period continued, due to advertising and promotional expenses to enhance product capabilities and direct costs for new areas and new products. - FY2018-Q2RestatedAnnual report
「As a result, the Group’s consolidated results for the cumulative second quarter under review were as follows. Revenue was ¥2,798 million, up 5.6% year on year. Cost of sales was ¥865 million, up 11.4%, and selling, general and administrative expenses were ¥1,659 million, up 7.4%. Operating profit was ¥273 million, down 16.6%, due to higher advertising and promotional expenses to enhance product capabilities and direct costs related to new areas expanded into and new products introduced in the previous consolidated fiscal year. Ordinary profit was ¥280 million, down 12.9%, and net profit attributable to owners of the parent was ¥202 million, down 16.2%.」
Despite higher revenue, the underlying pattern of operating profit, ordinary profit and net profit attributable to owners of the parent remaining below the previous period was reaffirmed due to higher advertising and promotional expenses and direct costs for new areas and new products. - FY2018-Q1WorsenedAnnual report
「As a result, the Group’s consolidated results for the cumulative first quarter under review were as follows. Revenue was ¥1,443 million, up 5.2% year on year. Cost of sales was ¥444 million, up 10.9%, and selling, general and administrative expenses were ¥860 million, up 10.9%. Operating profit was ¥138 million, down 29.2%, due to higher advertising and promotional expenses to enhance product capabilities and direct costs related to new areas and new products. Ordinary profit was ¥139 million, down 29.3%, and net profit attributable to owners of the parent was ¥110 million, down 30.9%.」
Revenue increased 5.2% year on year, while operating profit declined 29.2%, ordinary profit declined 29.3% and net profit attributable to owners of the parent declined 30.9% due to higher advertising and promotional expenses and direct costs related to new areas and new products. - FY2017WorsenedAnnual report
「Revenue was ¥5,427 million, up 3.5% from the previous consolidated fiscal year. Cost of sales was ¥1,591 million, up 2.2%, and selling, general and administrative expenses were ¥3,165 million, up 18.3%. Operating profit was ¥670 million, down 33.6%, due to higher expenses related to new businesses, geographic expansion and strengthening sales and product capabilities. Ordinary profit was ¥664 million, down 34.1%, and net profit attributable to owners of the parent was ¥469 million, down 38.1%.」
Revenue increased, while selling, general and administrative expenses rose 18.3%, resulting in declines of 33.6% in operating profit, 34.1% in ordinary profit and 38.1% in net profit attributable to owners of the parent. - FY2017-Q3WorsenedAnnual report
「As a result, the Group’s consolidated results for the cumulative third quarter under review were as follows. Revenue was ¥4,099 million, up 3.1% year on year. Cost of sales was ¥1,186 million, up 0.2%, and selling, general and administrative expenses were ¥2,378 million, up 17.3%. Operating profit was ¥535 million, down 30.2%, due to higher selling, general and administrative expenses, including personnel expenses to strengthen sales capabilities and advertising and promotional expenses to enhance product capabilities. Ordinary profit was ¥531 million, down 30.7%, and net profit attributable to owners of the parent was ¥382 million, down 38.9%.」
Revenue increased 3.1% year on year, while selling, general and administrative expenses rose 17.3%, resulting in declines of 30.2% in operating profit, 30.7% in ordinary profit and 38.9% in net profit attributable to owners of the parent. - FY2017-Q2First statedAnnual report
「As a result, the Group’s consolidated results for the cumulative second quarter under review were as follows. Revenue was ¥2,649 million, up 3.4% year on year. Cost of sales was ¥777 million, up 0.2%, and selling, general and administrative expenses were ¥1,544 million, up 14.5%. Operating profit was ¥327 million, down 25.3%, due to higher selling, general and administrative expenses, including personnel expenses to strengthen sales capabilities and advertising and promotional expenses to enhance product capabilities. Ordinary profit was ¥322 million, down 26.3%, and net profit attributable to owners of the parent was ¥241 million, down 30.7%.」
Revenue increased 3.4% year on year, while operating profit, ordinary profit and net profit attributable to owners of the parent all declined due to higher personnel expenses and advertising and promotional expenses associated with strengthening sales and product capabilities.