Year-on-year decline in operating profit as growth investment takes precedence
First written in FY2017-Q1. 11 of 40 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 19 of 80 companies on the "Worse" side.
34 other companies' latest entry also says "Other".
- FY2026Full-year revenue decline and lower operating and ordinary profitAnnual report
「For the fiscal year, net sales were ¥10,059 million, down 7.9% year on year; operating income was ¥1,411 million, down 6.1%; ordinary income was ¥1,505 million, down 9.6%; and net income was ¥1,081 million, up 0.4%.」
Following the increases in revenue and profit in the previous fiscal year, the fiscal year ending June 2026 saw declines in net sales, operating income and ordinary income, while net income increased 0.4%. - FY2026-H1Lower Revenue and Lower Profit for the Interim PeriodAnnual report
「While continuing these activities, operating results for the interim period declined in both revenue and profit due to the reversal of a large project recorded in the year-earlier period.」
Due to the reversal of a large project recorded in the year-earlier period, interim-period revenue was ¥5,104 million, operating profit was ¥715 million, ordinary profit was ¥731 million and interim net profit was ¥506 million, representing declines in both revenue and profit year on year. The Company, however, stated that its performance remained on a growth trajectory. - FY2025Full-year revenue and profit growthAnnual report
「Operating results for the fiscal year were revenue of ¥10,918 million, up 7.8% from the previous fiscal year, operating profit of ¥1,502 million, up 22.9%, ordinary profit of ¥1,664 million, up 36.0%, and net profit of ¥1,077 million, up 28.8%.」
In the fiscal year ending June 2025, revenue, operating profit, ordinary profit and net profit all increased year on year, resulting in full-year revenue and profit growth. - FY2025-H1Revenue and Profit Growth for the Interim PeriodAnnual report
「While continuing these activities, the Company benefited from growing demand for its core products, the Multi-Payment Service and Remittance Service. Operating results for the interim accounting period were revenue of ¥5,599 million, up 14.3% year on year, operating profit of ¥816 million, up 44.9%, ordinary profit of ¥819 million, up 45.3%, and interim net profit of ¥563 million, up 46.4%.」
During the interim accounting period, revenue, operating profit, ordinary profit and interim net profit increased year on year against a backdrop of growing demand for the Company's core products. - FY2024Full-year revenue and profit growthAnnual report
「As a result of these activities, operating results for the fiscal year were revenue of ¥10,132 million, up 7.5% from the previous fiscal year, operating profit of ¥1,222 million, up 30.1%, ordinary profit of ¥1,223 million, up 30.8%, and net profit of ¥836 million, up 31.7%.」
In the fiscal year ending June 2024, revenue, operating profit, ordinary profit and net profit all increased year on year, resulting in full-year revenue and profit growth. - FY2024-Q3Continued third-quarter revenue and profit growthAnnual report
「As a result, operating results for the cumulative third quarter were revenue of ¥7,560 million, up 5.4% year on year, operating profit of ¥922 million, up 17.5%, ordinary profit of ¥923 million, up 17.6%, and net profit for the quarter of ¥643 million, up 20.6%.」
In the cumulative third quarter, revenue, operating profit, ordinary profit and net profit for the quarter all increased year on year, extending the trend of revenue and profit growth. - FY2024-Q2Second-quarter slight revenue decline and operating and ordinary profit growth, with net profit decliningAnnual report
「As a result, operating results for the cumulative second quarter were revenue of ¥4,897 million, down 0.5% year on year, operating profit of ¥563 million, up 0.2%, ordinary profit of ¥564 million, up 0.4%, and net profit for the quarter of ¥385 million, down 13.4%. Although revenue declined slightly year on year, operating profit and ordinary profit increased as sales of high-value-added products grew.」
In the cumulative second quarter, revenue declined 0.5% year on year, while operating profit and ordinary profit increased as sales of high-value-added products grew. Net profit for the quarter declined 13.4% due to the reversal of subsidy income. - FY2024-Q1Quarterly revenue and operating and ordinary profit growth, with net profit decliningAnnual report
「As a result, operating results for the cumulative first quarter were revenue of ¥2,315 million, up 1.9% year on year, operating profit of ¥261 million, up 11.4%, ordinary profit of ¥261 million, up 15.2%, and net profit for the quarter of ¥178 million, down 18.1%.」
In the first quarter, revenue, operating profit and ordinary profit increased year on year, while net profit for the quarter declined 18.1%. - FY2023Continued Full-Year Revenue and Profit GrowthAnnual report
「As a result of these activities, operating results for the fiscal year were revenue of ¥9,424 million, up 5.3% year on year, operating profit of ¥939 million, up 27.7%, ordinary profit of ¥935 million, up 24.0%, and net profit of ¥635 million, up 19.4%.」
In the fiscal year ending June 2023, revenue, operating profit, ordinary profit and net profit all increased year on year, resulting in full-year revenue and profit growth. - FY2023-Q3Continued third-quarter revenue and profit growthAnnual report
「In the cumulative third quarter, operating results were revenue of ¥7,169 million, up 6.5% year on year, operating profit of ¥784 million, up 36.2%, ordinary profit of ¥785 million, up 34.1%, and net profit for the third quarter of ¥533 million, up 27.2%.」
In the cumulative third quarter, revenue, operating profit, ordinary profit and net profit for the quarter all increased year on year, extending the trend of revenue and profit growth. - FY2023-Q2Second-Quarter Revenue and Profit GrowthAnnual report
「As a result, operating results for the cumulative second quarter were revenue of ¥4,920 million, up 10.5% year on year, operating profit of ¥562 million, up 46.2%, ordinary profit of ¥561 million, up 45.3%, and net profit for the second quarter of ¥444 million, up 57.6%, representing revenue and profit growth from the year-earlier period.」
In the cumulative second quarter, revenue, operating profit, ordinary profit and net profit for the quarter all increased year on year, resulting in revenue and profit growth. - FY2023-Q1First-quarter profit growthAnnual report
「As a result, operating results for the cumulative first quarter were revenue of ¥2,272 million, up 8.5% year on year, operating profit of ¥234 million, up 79.6%, ordinary profit of ¥226 million, up 68.4%, and net profit for the first quarter of ¥217 million, up 100.7%, representing substantial profit growth from the year-earlier period.」
In the first quarter, revenue increased 8.5%, while operating profit, ordinary profit and net profit also increased substantially year on year. - FY2022Full-year profit growthAnnual report
「As a result of these activities, operating results for the fiscal year were revenue of ¥8,950 million, up 1.2% year on year, operating profit of ¥735 million, up 29.7%, ordinary profit of ¥754 million, up 13.2%, and net profit of ¥532 million, up 35.1%.」
After a decline in profit in the previous fiscal year, the fiscal year ending June 2022 saw revenue, operating profit, ordinary profit and net profit all increase year on year. - FY2022-Q3Continued profit growth in the third quarterAnnual report
「In the cumulative third quarter, operating results were revenue of ¥6,732 million, up 0.1% year on year, operating profit of ¥576 million, up 12.9%, ordinary profit of ¥585 million, up 8.0%, and net profit for the third quarter of ¥419 million, up 11.9%.」
With revenue up 0.1% year on year, operating profit, ordinary profit and net profit for the quarter all increased year on year, continuing the profit growth trend through the previous quarter into the cumulative third quarter. - FY2022-Q2Quarterly profit growthAnnual report
「As a result, operating results for the cumulative second quarter were revenue of ¥4,452 million, down 2.1% year on year, operating profit of ¥385 million, up 14.4%, ordinary profit of ¥386 million, up 8.2%, and net profit for the second quarter of ¥282 million, up 14.2%.」
Revenue declined year on year, while operating profit, ordinary profit and net profit for the quarter all increased year on year. - FY2022-Q1Narrower quarterly profit declines and net profit growthAnnual report
「In the cumulative first quarter, operating results were revenue of ¥2,095 million, down 5.5% year on year, operating profit of ¥130 million, down 3.7%, ordinary profit of ¥134 million, down 8.7%, and net profit for the first quarter of ¥108 million, up 6.2%.」
Revenue, operating profit and ordinary profit declined year on year, but the declines were narrower than in the first quarter of the previous fiscal year, while net profit for the quarter increased 6.2%. - FY2021Full-year revenue and profit declineAnnual report
「As a result of these activities, operating results for the fiscal year were revenue of ¥8,842 million, down 5.7% year on year, operating profit of ¥567 million, down 30.6%, ordinary profit of ¥666 million, down 19.4%, and net profit of ¥393 million, down 20.3%.」
Following the previous fiscal year's profit growth, the fiscal year ending June 2021 saw revenue, operating profit, ordinary profit and net profit all decline year on year. - FY2021-Q3RestatedAnnual report
「In the cumulative third quarter, operating results were revenue of ¥6,724 million, down 5.5% year on year, operating profit of ¥510 million, down 27.0%, ordinary profit of ¥542 million, down 23.2%, and net profit for the third quarter of ¥375 million, down 23.4%.」
Revenue, operating profit, ordinary profit and net profit for the quarter again declined year on year. - FY2021-Q2RestatedAnnual report
「In the cumulative second quarter, operating results were revenue of ¥4,550 million, down 5.6% year on year, operating profit of ¥336 million, down 29.7%, ordinary profit of ¥357 million, down 25.9%, and net profit for the second quarter of ¥247 million, down 26.3%.」
In the cumulative second quarter of the fourth year of the medium-term plan, revenue, operating profit, ordinary profit and net profit for the quarter all declined year on year. - FY2021-Q1Quarterly revenue and profit declineAnnual report
「In the cumulative first quarter, operating results were revenue of ¥2,217 million, down 9.7% year on year, operating profit of ¥135 million, down 40.6%, ordinary profit of ¥147 million, down 35.8%, and net profit for the first quarter of ¥102 million, down 35.8%.」
The trend changed from profit growth in the first quarter of the previous fiscal year, with revenue, operating profit, ordinary profit and net profit for the quarter all declining year on year. - FY2020Full-year profit growthAnnual report
「Revenue decreased to ¥9,379 million, down 6.5% from the previous fiscal year. In terms of earnings, after the completion of a major development project, the Company accumulated development and operations expertise in-house and advanced the internalization of these activities. As a result of cost-cutting initiatives, it recorded operating profit of ¥817 million, up 62.4% from the previous fiscal year, and ordinary profit of ¥826 million, up 55.8%.」
Revenue fell 6.5% year on year, while operating profit, ordinary profit and net profit increased for the full year as a result of bringing activities in-house and cutting costs. - FY2020-Q3RestatedAnnual report
「In the cumulative period of the fourth year of the five-year medium-term management plan (July 2016–June 2021), operating results were revenue of ¥7,113 million, down 6.7% year on year. Although revenue increased through the introduction of new business partners and higher transaction volumes through the remittance service, transaction amounts handled by existing businesses declined. In terms of earnings, the Company implemented cost-cutting initiatives after the completion of a major development project, including accumulating development and operations expertise in-house and bringing those activities in-house. As a result, operating profit was ¥699 million, up 55.7% year on year, ordinary profit was ¥706 million, up 51.4%, and net profit was ¥489 million, up 50.7%.」
Although revenue declined, operating profit, ordinary profit and net profit continued to increase year on year as a result of bringing development and operations in-house and cutting costs. - FY2020-Q2Continued profit growthAnnual report
「In the cumulative second quarter of the fourth year of the medium-term plan, revenue decreased to ¥4,821 million, down 4.6% year on year. In terms of earnings, the Company implemented cost-cutting initiatives after the completion of a major development project, including accumulating development and operations expertise in-house and bringing those activities in-house. As a result, operating profit was ¥478 million, up 63.2% year on year, ordinary profit was ¥482 million, up 58.0%, and net profit for the quarter was ¥335 million, up 58.7%.」
Revenue fell 4.6% year on year, while operating profit, ordinary profit and net profit for the quarter increased, indicating continued profit growth from the previous quarter. - FY2020-Q1Shift to profit growthAnnual report
「In the cumulative first quarter of the fourth year of the medium-term plan, operating results were revenue of ¥2,456 million, down 0.7% year on year, operating profit of ¥228 million, up 60.5%, ordinary profit of ¥229 million, up 54.2%, and net profit for the quarter of ¥159 million, up 54.9%.」
The previous trend of rising revenue and falling profits changed in the first quarter, with revenue down 0.7% while operating profit, ordinary profit and net profit for the quarter increased year on year. - FY2019RestatedAnnual report
「In the fiscal year corresponding to the third year of the medium-term plan, operating results were revenue of ¥10,032 million, up 2.5% year on year, operating profit of ¥503 million, down 25.8%, ordinary profit of ¥530 million, down 24.9%, and net profit of ¥374 million, down 24.3%.」
For the full year, revenue increased, while operating profit, ordinary profit and net profit fell below the year-earlier levels again. - FY2019-Q3RestatedAnnual report
「In the cumulative third quarter of the third year of the medium-term plan, operating results were revenue of ¥7,622 million, up 2.7% year on year, operating profit of ¥449 million, down 22.9%, ordinary profit of ¥470 million, down 21.8%, and net profit for the quarter of ¥324 million, down 17.5%.」
In the cumulative third quarter of the third year of the medium-term plan, revenue increased year on year, while operating profit, ordinary profit and net profit for the quarter again fell below the year-earlier levels. - FY2019-Q2RestatedAnnual report
「For the cumulative second quarter in the third year of the medium-term plan, revenue was ¥5,052 million, up 2.9% year on year; operating profit was ¥293 million, down 16.0%; ordinary profit was ¥306 million, down 16.4%; and quarterly net income was ¥211 million, down 12.4%.」
In the cumulative second quarter of the third year of the medium-term plan, revenue increased year on year, while operating profit, ordinary profit and net profit for the quarter continued to fall below the year-earlier levels. - FY2019-Q1Revenue growth, continued profit declineAnnual report
「For the cumulative first quarter in the third year of the medium-term plan, revenue was ¥2,473 million, up 3.1% year on year; operating profit was ¥142 million, down 34.5%; ordinary profit was ¥149 million, down 35.1%; and quarterly net income was ¥102 million, down 35.3%.」
In the first quarter of the third year of the medium-term plan, revenue returned to year-on-year growth, while operating profit, ordinary profit, and quarterly net income declined year on year. - FY2018WorsenedAnnual report
「For the fiscal year, the second year of the medium-term plan, revenue was ¥9,783 million, down 4.6% from the previous fiscal year; operating profit was ¥677 million, down 38.3%; ordinary profit was ¥708 million, down 42.9%; and net income was ¥495 million, down 43.1%.」
For the full year in the second year of the medium-term plan, revenue and each profit measure were below the previous year, with the declines in operating profit, ordinary profit, and net income shown numerically. - FY2018-Q3RestatedAnnual report
「For the cumulative third quarter in the second year of the medium-term plan, revenue was ¥7,421 million, down 6.2% year on year; operating profit was ¥582 million, down 43.0%; ordinary profit was ¥601 million, down 47.8%; and quarterly net income was ¥393 million, down 50.3%.」
Reconfirms that revenue and each profit measure were below the previous year’s level for the cumulative third quarter of the second year of the medium-term plan. - FY2018-Q2RestatedAnnual report
「For the cumulative second quarter in the second year of the medium-term plan, revenue was ¥4,911 million, down 7.3% year on year; operating profit was ¥349 million, down 56.3%; ordinary profit was ¥366 million, down 60.6%; and quarterly net income was ¥240 million, down 62.0%.」
Reconfirms that revenue and each profit measure were below the previous year’s level for the cumulative second quarter of the second year of the medium-term plan. - FY2018-Q1WorsenedAnnual report
「For the cumulative period in the second year of the medium-term plan, revenue was ¥2,399 million, down 12.2% year on year; operating profit was ¥217 million, down 54.9%; ordinary profit was ¥229 million, down 62.5%; and net income was ¥158 million, down 61.2%.」
Revenue declined 12.2% year on year, while the declines in operating profit, ordinary profit, and quarterly net income also widened. - FY2017RestatedAnnual report
「Revenue was ¥10,260 million, down 2.6% from the previous fiscal year; operating profit was ¥1,099 million, down 46.5%; ordinary profit was ¥1,239 million, down 38.3%; and net income was ¥869 million, down 35.6%.」
Reports full-year results below the previous year for both revenue and profit in the first year of growth investments, higher sales promotion expenses, and systems and personnel development. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, revenue increased slightly, but gross profit declined and selling, general and administrative expenses increased, resulting in a year-on-year decline in operating profit. This was due to a higher cost ratio following the revision of transaction terms with major business partners, capital investment in the Sapporo office responsible for system development and operations, increased spending on organizational development to upgrade personnel capabilities, and higher sales promotion activities.」
For the cumulative third quarter, revenue was ¥7,914 million and operating profit was ¥1,022 million. The Company explained that operating profit declined 39.8% year on year despite a slight increase in revenue, due to the higher cost ratio and increased expenses for systems investment, organizational development, and sales promotion. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter, revenue increased, but gross profit declined and selling, general and administrative expenses increased, resulting in a year-on-year decline in operating profit. This was due to a higher cost ratio following the revision of transaction terms with major business partners, capital investment in the Sapporo office responsible for system development and operations, increased spending on organizational development to upgrade personnel capabilities, and higher sales promotion activities.」
Revenue was ¥5,300 million, operating profit was ¥798 million, and ordinary profit was ¥930 million. The Company explained that operating profit declined year on year despite higher revenue, due to the higher cost ratio and increased investment and sales promotion expenses. - FY2017-Q1First statedAnnual report
「In the first quarter, operating profit declined year on year because gross profit increased less than revenue and selling, general and administrative expenses increased.」
In the first quarter, revenue increased 11.7% year on year, while operating profit declined year on year, mainly due to a higher cost ratio, investment in systems and the Sapporo office, and costs to build the organizational structure for staff development.