Increase in operating profit due to a reduction in selling, general and administrative expenses
First written in FY2017-Q1. 12 of 35 entries say "Worsened", first in FY2020-Q2. Latest entry: FY2026-H1.
Planet moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 4 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026-H1Interim operating profit growthAnnual report
「Cost of sales declined 0.9% year on year to ¥597.965 million, while selling, general and administrative expenses also declined 6.3% to ¥659.284 million. As a result, operating profit was ¥316.632 million, up 10.7% year on year, ordinary profit was ¥333.583 million, up 11.3%, and interim net profit was ¥224.035 million, up 12.8%.」
Although revenue declined, operating profit, ordinary profit and interim net profit increased due to lower cost of sales and selling, general and administrative expenses. - FY2025WorsenedAnnual report
「Cost of sales increased 5.4% year on year to ¥1,214.674 million due to higher depreciation and amortization and other expenses. Selling, general and administrative expenses increased 0.4% to ¥1,383.589 million. As a result, operating profit was ¥564.043 million, down 12.2% year on year, ordinary profit was ¥592.602 million, down 14.2%, and net profit was ¥400.784 million, down 12.5%.」
Operating profit, ordinary profit and net profit declined due to higher cost of sales, including depreciation and amortization, and higher selling, general and administrative expenses. - FY2025-H1WorsenedAnnual report
「Cost of sales increased 9.3% year on year to ¥603.092 million due to higher depreciation and amortization and other expenses. Although selling, general and administrative expenses declined, operating profit was ¥286.088 million, down 5.3% year on year.」
Although selling, general and administrative expenses declined, operating profit fell 5.3% year on year due to the impact of higher cost of sales, including depreciation and amortization. Operating profit has changed from growth in the previous full fiscal year to a decline. - FY2024Operating profit growth resumesAnnual report
「Selling, general and administrative expenses declined 2.4% year on year to ¥1,377.413 million. As a result, operating profit was ¥642.297 million, up 2.6% year on year.」
Cost of sales increased due to Web service platform-related expenses and other items, while selling, general and administrative expenses declined. Operating profit consequently turned from an 11.3% year-on-year decline to a 2.6% increase. - FY2024-Q3Narrower decline in profitAnnual report
「Cost of sales increased 4.4% year on year to ¥857.950 million due to higher costs related to the Web service platform and other factors. Although selling, general and administrative expenses declined, operating profit was ¥435.885 million, down 1.4% year on year.」
Cost of sales increased due to Web service platform costs and other items, but the decline in operating profit narrowed from 14.2% in the same period of the previous year to 1.4% due to lower selling, general and administrative expenses. - FY2024-Q2Narrower decline in profitAnnual report
「Operating profit was ¥301.997 million, down 4.7% year on year, due to higher selling, general and administrative expenses, including outsourcing expenses.」
Operating profit declined due to higher outsourcing expenses and other items, but the decline narrowed from 10.2% in the same period of the previous year. - FY2024-Q1WorsenedAnnual report
「Cost of sales increased 0.1% year on year to ¥279.328 million due to higher costs related to the Web service platform. Selling, general and administrative expenses increased 13.4% to ¥389.268 million due to higher R&D expenses and other items. As a result, operating profit was ¥131.077 million, down 25.2% year on year, ordinary profit was ¥154.716 million, down 13.5%, and quarterly net profit was ¥103.412 million, down 13.2%.」
Higher costs for the Web service platform and R&D expenses increased the cost burden, resulting in a 25.2% year-on-year decline in operating profit. - FY2023WorsenedAnnual report
「Cost of sales increased 3.8% year on year to ¥1,095.176 million due to higher costs associated with the renewal of the Business Partner Database system and other factors. Selling, general and administrative expenses increased 3.0% to ¥1,410.944 million due to higher travel and transportation expenses, salaries and allowances, and other items. As a result, operating profit was ¥625.723 million, down 11.3% year on year.」
Operating profit declined 11.3% year on year due to costs for renewing the database system and higher travel and transportation expenses, salaries and allowances, and other items. - FY2023-Q3WorsenedAnnual report
「Cost of sales increased 4.4% year on year to ¥821.425 million due to higher costs associated with the renewal of the Business Partner Database system and other factors. Selling, general and administrative expenses increased 4.6% to ¥1,067.915 million as travel and transportation expenses and other costs increased with the expansion of in-person sales activities. As a result, operating profit was ¥442.000 million, down 14.2% year on year, ordinary profit was ¥458.013 million, down 14.0%, and quarterly net profit was ¥307.565 million, down 19.1%.」
Operating profit declined 14.2% year on year due to costs for renewing the database system and higher costs associated with increased in-person sales activities. The decline widened from the 10.2% decline in operating profit in the previous quarter. - FY2023-Q2WorsenedAnnual report
「Cost of sales increased 5.6% year on year to ¥553.433 million due to higher costs associated with the renewal of the Business Partner Database system and other factors. Selling, general and administrative expenses increased 4.4% to ¥704.151 million due to higher costs for holding the Top Seminar and user meetings at venues for the first time in three years and other factors. As a result, operating profit was ¥316.975 million, down 10.2% year on year, ordinary profit was ¥326.866 million, down 9.7%, and quarterly net profit was ¥219.059 million, down 10.7%.」
Operating profit declined 10.2% year on year due to costs for renewing the Business Partner Database system and venue costs for the Top Seminar and user meetings, held at venues for the first time in three years. The decline widened from the 5.6% decline in operating profit in the same period of the previous year. - FY2023-Q1WorsenedAnnual report
「As a result of efforts in these three business areas, supported mainly by higher sales of Core EDI, revenue for the cumulative first quarter was ¥797.401 million, up 2.4% year on year. Cost of sales increased 7.1% to ¥278.987 million due to higher costs associated with replacing the Web service environment and other factors. Selling, general and administrative expenses increased 7.8% to ¥343.257 million as expenses rose with the resumption of in-person sales activities and events. As a result, operating profit was ¥175.156 million, down 12.4% year on year.」
Revenue increased due to higher sales of Core EDI, while operating profit declined 12.4% year on year due to higher costs associated with replacing the Web service environment and resuming in-person sales activities and events. - FY2022Full-year operating profit flatAnnual report
「Selling, general and administrative expenses increased 5.5% year on year to ¥1,369.995 million due to higher R&D expenses, outsourcing expenses and other items. As a result, operating profit was ¥705.468 million, unchanged year on year, while ordinary profit was ¥732.199 million, up 0.8%.」
Selling, general and administrative expenses increased due to R&D expenses, outsourcing expenses and other items, but operating profit for FY2022 was ¥705.468 million, unchanged year on year, and therefore flat for the full fiscal year. - FY2022-Q3WorsenedAnnual report
「As a result of efforts in these three business areas, supported mainly by higher sales of Core EDI, revenue for the cumulative third quarter was ¥2,323.307 million, up 2.1% year on year. Meanwhile, operating profit declined 4.8% to ¥515.366 million due to higher selling, general and administrative expenses, including R&D expenses and outsourcing expenses. Ordinary profit consequently declined 4.0% to ¥532.731 million.」
Revenue increased 2.1% year on year due to higher sales of Core EDI, while operating profit declined 4.8% due to higher selling, general and administrative expenses, including R&D expenses and outsourcing expenses. - FY2022-Q2WorsenedAnnual report
「Cost of sales increased 0.5% year on year to ¥524.173 million due to higher costs associated with outsourcing investment management operations and other factors. Selling, general and administrative expenses increased 7.9% to ¥674.730 million due to higher R&D expenses, outsourcing expenses and other items. As a result, operating profit was ¥353.052 million, down 5.6% year on year, ordinary profit was ¥362.110 million, down 5.7%, and quarterly net profit was ¥245.306 million, down 6.1%.」
Operating profit declined 5.6% year on year due to higher outsourcing costs for investment management operations, R&D expenses, outsourcing expenses and other items. - FY2022-Q1WorsenedAnnual report
「Cost of sales increased 1.7% year on year to ¥260.485 million due to higher costs associated with outsourcing investment management operations and other factors. Selling, general and administrative expenses increased 1.2% to ¥318.503 million due to higher outsourcing expenses and other items. As a result, operating profit was ¥199.987 million, down 0.2% year on year, ordinary profit was ¥203.317 million, down 1.2%, and quarterly net profit was ¥138.594 million, down 0.8%.」
Operating profit declined 0.2% year on year due to higher outsourcing costs for investment management operations, outsourcing expenses and other items. - FY2021WorsenedAnnual report
「Meanwhile, cost of sales increased 1.4% year on year to ¥1,063.059 million due to higher costs associated with outsourcing investment management operations and other factors. Selling, general and administrative expenses increased 1.9% to ¥1,298.611 million due to higher R&D expenses, outsourcing expenses and other items. As a result, operating profit was ¥705.321 million, down 3.3% year on year.」
Operating profit declined 3.3% year on year due to higher outsourcing costs for investment management operations, R&D expenses, outsourcing expenses and other items. Profit growth in the previous full fiscal year has turned into a decline. - FY2021-Q3Return to operating profit growthAnnual report
「Meanwhile, selling, general and administrative expenses increased due to higher R&D expenses and other items, but survey expenses declined because the scope of surveys was limited during the COVID-19 pandemic. Costs were also kept under control through operational efficiencies and the promotion of working from home. As a result, operating profit was ¥541.585 million, up 3.9% year on year.」
Despite higher R&D expenses, lower survey expenses and cost controls resulting from operational efficiencies and working from home lifted operating profit by 3.9% year on year. Profit growth has resumed after the decline recorded in the cumulative third quarter of the previous fiscal year. - FY2021-Q2Narrowing operating profit growthAnnual report
「Cost of sales was ¥521.813 million, down 2.5% from the previous fiscal year, as the increase associated with the renewal of various services was smaller than in the previous fiscal year. While research and development expenses increased, lower research, travel and meeting-related expenses resulted in operating profit of ¥373.898 million, up 19.4% from the previous fiscal year.」
Operating profit increased 19.4% year on year due to a smaller increase in cost of sales associated with service renewals than in the previous year, as well as lower research and travel expenses. The increase narrowed from 20.2% for the previous first-half cumulative period. - FY2021-Q1Wider profit growthAnnual report
「While research and development expenses increased, lower research, travel and meeting-related expenses resulted in operating profit of ¥200.378 million, up 20.2% from the previous fiscal year.」
Despite higher research and development expenses, operating profit increased 20.2% from the previous fiscal year due to lower research, travel and meeting-related expenses. The increase widened from 3.1% in the previous fiscal year. - FY2020Return to operating profit growthAnnual report
「Cost of sales was ¥1,048.403 million, down 0.6% from the previous fiscal year, as the increase associated with the Web ordering system renewal was kept broadly in line with the previous fiscal year overall. Selling, general and administrative expenses were ¥1,274.566 million, up 0.9%, as higher research and development expenses were partly offset by lower travel and meeting-related expenses due to restrictions on travel during the COVID-19 pandemic. As a result, operating profit was ¥729.666 million, up 3.1% from the previous fiscal year.」
Despite higher costs associated with the Web ordering system renewal and research and development expenses, operating profit turned from a decline in the previous fiscal year to a 3.1% increase, due partly to lower travel and meeting-related expenses. - FY2020-Q3Narrower decline in profitAnnual report
「As a result of efforts in these 3 businesses, supported mainly by higher EDI communication processing fees and usage fees for the Sales Report Service, revenue for the first nine months was ¥2,279.304 million, up 1.3% from the previous fiscal year. On the other hand, operating profit was ¥521.229 million, down 2.4%, due to higher cost of sales associated with the Web ordering system renewal and higher selling, general and administrative expenses, including research expenses.」
Operating profit declined due to cost of sales related to the Web ordering system renewal and higher SG&A expenses, including research expenses, but the decline narrowed from 14.2% for the previous first-half cumulative period to 2.4%. - FY2020-Q2WorsenedAnnual report
「As a result of efforts in these 3 businesses, supported mainly by higher EDI communication processing fees and usage fees for the Sales Report Service, revenue for the first half was ¥1,514.867 million, up 0.2% from the previous fiscal year. On the other hand, operating profit was ¥313.146 million, down 14.2%, due to higher cost of sales associated with the Web ordering system renewal and higher selling, general and administrative expenses, including outsourcing and research expenses. As a result, ordinary profit was ¥320.346 million, down 13.9%, and quarterly net profit was ¥214.393 million, down 15.3%.」
While revenue increased slightly, operating profit declined 14.2% year on year and quarterly net profit declined 15.3% due to higher cost of sales associated with the Web ordering system renewal and higher outsourcing and research expenses. - FY2020-Q1ReframedAnnual report
「On the other hand, operating profit was ¥166.673 million, down 10.9% from the previous fiscal year, due to higher cost of sales associated with the Web ordering system renewal and higher selling, general and administrative expenses, including outsourcing and research expenses. As a result, ordinary profit was ¥169.069 million, down 11.0%, and quarterly net profit was ¥114.210 million, down 11.8%.」
The explanation changed to one in which higher cost of sales associated with the Web ordering system renewal and higher outsourcing and research expenses caused operating profit, ordinary profit and net profit to decline despite higher revenue. - FY2019ReframedAnnual report
「Cost of sales for the fiscal year increased by ¥23.595 million, or 2.3%, from the previous fiscal year to ¥1,054.929 million. Selling, general and administrative expenses increased by ¥1.858 million, or 0.1%, to ¥1,263.511 million, essentially in line with the previous fiscal year. As a result, operating profit increased by ¥2.019 million, or 0.3%, to ¥707.679 million.」
The full-year explanation has been organized around higher cost of sales, while SG&A expenses remained almost in line with the previous fiscal year and operating profit increased 0.3% from the previous fiscal year, replacing the previous explanation that included higher costs due to the renewal of the network infrastructure and other factors. - FY2019-Q3ReframedAnnual report
「While cost of sales increased due to the renewal of the network infrastructure and the addition of new functions to the Sales Report Service, among other factors, selling, general and administrative expenses remained at approximately the previous fiscal year's level. As a result, operating profit was ¥533.807 million, up 3.8% from the previous fiscal year, and ordinary profit was ¥543.441 million, up 3.9%.」
While cost of sales increased due to the renewal of the network infrastructure and the addition of new functions to the Sales Report Service, selling, general and administrative expenses remained at approximately the previous fiscal year's level, and operating profit returned to growth, increasing 3.8% from the previous fiscal year. - FY2019-Q2ReframedAnnual report
「In addition, while cost of sales increased due to the renewal of the network infrastructure and the addition of new functions to the Sales Report Service, among other factors, selling, general and administrative expenses also increased due to research expenses and other factors. As a result, operating profit was ¥365.056 million, down 0.4% year on year, and ordinary profit was ¥371.908 million, down 0.1% year on year.」
The company cited higher cost of sales due to the renewal of the network infrastructure and the addition of new functions to the Sales Report Service, as well as higher SG&A expenses due to research expenses and other factors. Operating profit declined 0.4% year on year. - FY2019-Q1ReframedAnnual report
「In addition, operating profit was ¥187.008 million, down 10.3% from the previous fiscal year, mainly due to higher cost of sales associated with adding new functions to the Sales Report Service and higher selling, general and administrative expenses, including outsourcing and research expenses.」
Operating profit declined 10.3% from the previous fiscal year due to higher cost of sales associated with adding new functions and higher SG&A expenses related to outsourcing and research expenses. - FY2018ReframedAnnual report
「Cost of sales for the fiscal year decreased by ¥41.960 million, or 3.9%, from the previous fiscal year to ¥1,031.333 million. Selling, general and administrative expenses increased by ¥47.425 million, or 3.9%, to ¥1,261.652 million, mainly due to higher outsourcing expenses. As a result, operating profit increased by ¥18.857 million, or 2.7%, to ¥705.659 million.」
The combination of lower cost of sales following the renewal of the network infrastructure and higher SG&A expenses due to outsourcing expenses and other factors resulted in full-year operating profit increasing 2.7% from the previous fiscal year. The explanation changed from a decline in cumulative quarterly operating profit to an increase in full-year operating profit. - FY2018-Q3RestatedAnnual report
「While cost of sales declined due to operational reviews associated with the renewal of the EDI network infrastructure, selling, general and administrative expenses increased due to higher outsourcing and research and development expenses, among other factors. As a result, operating profit was ¥514.503 million, down 4.2% from the previous fiscal year.」
The explanation that operating profit declined due to lower cost of sales following the renewal of the network infrastructure but higher SG&A expenses, including outsourcing and research and development expenses, continues. - FY2018-Q2ReframedAnnual report
「While cost of sales declined due to operational reviews associated with the replacement of the EDI network infrastructure, selling, general and administrative expenses increased due to higher outsourcing and research and development expenses, among other factors. As a result, operating profit was ¥366.608 million, down 1.5% year on year.」
While cost of sales declined due to the replacement of the network infrastructure, operating profit fell 1.5% year on year due to higher SG&A expenses, including outsourcing and research and development expenses. - FY2018-Q1ReframedAnnual report
「While cost of sales declined due to operational reviews associated with the replacement of the EDI network infrastructure, selling, general and administrative expenses increased due to the website renewal and other factors. As a result, operating profit was ¥208.428 million, up 0.3% from the previous fiscal year.」
The explanation changed from the factors behind the decline in selling, general and administrative expenses cited in the quarterly report to higher SG&A expenses due to the website renewal and other factors, and lower cost of sales due to the replacement of the network infrastructure. - FY2017ReframedAnnual report
「Cost of sales for the fiscal year increased by ¥51.332 million, or 5.0%, from the previous fiscal year to ¥1,073.293 million, mainly due to costs incurred in building and operating a more secure system infrastructure. Selling, general and administrative expenses increased by ¥26.529 million, or 2.2%, to ¥1,214.226 million, mainly due to higher outsourcing expenses. As a result, operating profit decreased by ¥5.800 million, or 0.8%, to ¥686.802 million.」
The explanation changed from the quarterly reports' indication of lower selling, general and administrative expenses and higher operating profit to a full-year explanation that operating profit declined 0.8% year on year due to higher costs for building and operating the system infrastructure and higher outsourcing expenses. - FY2017-Q3AdvancedAnnual report
「In addition, operating profit was ¥537.036 million, up 8.4% year on year, mainly due to lower selling, general and administrative expenses.」
Operating profit for the first nine months increased 8.4% year on year, mainly due to lower selling, general and administrative expenses. - FY2017-Q2AdvancedAnnual report
「In addition, operating profit was ¥372.297 million, up 19.9% year on year, mainly due to lower selling, general and administrative expenses.」
Operating profit for the first half increased 19.9% year on year, mainly due to lower selling, general and administrative expenses. - FY2017-Q1First statedAnnual report
「In addition, operating profit was ¥207.704 million, up 20.6% from the previous fiscal year, mainly due to lower selling, general and administrative expenses.」
Operating profit increased 20.6% year on year, mainly due to lower selling, general and administrative expenses.