Improved profitability due to higher sales volumes and lower costs for raw materials, fuel and other items
First written in FY2017-Q2. 12 of 34 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Higher revenue and operating profit, but lower ordinary profit and net incomeAnnual report
「As a result, for the consolidated fiscal year, the Group reported revenue of ¥62.99 billion, up 0.5% year on year, operating income of ¥1.25 billion, up 4.2%, ordinary income of ¥1.56 billion, down 18.1%, and net income attributable to owners of the parent of ¥1.16 billion, down 23.5%.」
Revenue and operating income increased, while ordinary income and net income declined due to lower equity-method investment income, higher manufacturing costs and other factors. - FY2026-H1Higher revenue and operating profit, but lower ordinary profit and net incomeAnnual report
「As a result, for the interim consolidated accounting period, the Group reported revenue of ¥33.71 billion, up 1.7% year on year, operating income of ¥1.56 billion, up 3.1%, ordinary income of ¥1.77 billion, down 4.9%, and interim net income attributable to owners of the parent of ¥1.26 billion, down 4.8%.」
Revenue and operating income exceeded the year-earlier period, while ordinary income and interim net income attributable to owners of the parent fell below the year-earlier period, partly due to lower equity-method investment income. - FY2025Shift to Lower Revenue and ProfitAnnual report
「For the consolidated fiscal year, the Group reported revenue of ¥62.69 billion, operating income of ¥1.2 billion, ordinary income of ¥1.91 billion, and net income attributable to owners of the parent of ¥1.52 billion.」
Following the revenue and earnings growth trend in FY2024 under the Medium-Term Management Plan, FY2025 saw lower revenue and earnings due to lower sales volumes, declining by-product prices and higher manufacturing costs, among other factors. - FY2025-H1Initial disclosure of interim consolidated resultsAnnual report
「As a result, for the interim consolidated accounting period, the Group reported revenue of ¥33.16 billion, operating income of ¥1.51 billion, ordinary income of ¥1.86 billion, and interim net income attributable to owners of the parent of ¥1.32 billion.」
Although comparative information is not provided following the transition to consolidated financial reporting, the Company is disclosing for the first time revenue of ¥33.16 billion, operating income of ¥1.51 billion, ordinary income of ¥1.86 billion and interim net income of ¥1.32 billion for the interim consolidated accounting period. - FY2024Higher revenue, lower operating income and lower ordinary incomeAnnual report
「As a result, for the fiscal year, the Company reported revenue of ¥66.67 billion, up 3.2% year on year, operating income of ¥2.56 billion, down 27.6%, ordinary income of ¥3.0 billion, down 10.0%, and net income of ¥2.43 billion, down 6.6%.」
Revenue increased due to appropriate product pricing and higher sales volumes of saccharification products, while operating income, ordinary income and net income declined due to lower by-product prices and higher manufacturing costs. - FY2024-Q3Higher revenue, lower operating profit and higher ordinary profitAnnual report
「As a result, for the nine months ended 31 December, the Company reported revenue of ¥51.91 billion, up 8.2% year on year, operating income of ¥2.66 billion, down 13.7%, ordinary income of ¥3.21 billion, up 9.2%, and quarterly net income of ¥2.47 billion, up 8.0%.」
Revenue increased against a backdrop of appropriate product pricing and higher sales volumes, while operating income fell below the year-earlier period and ordinary income and quarterly net income increased. - FY2024-Q2Revenue growth, lower operating income and higher net income due to extraordinary incomeAnnual report
「As a result, for the six months ended 30 September, the Company reported revenue of ¥36.12 billion, up 10.6% year on year, operating income of ¥2.21 billion, down 18.5%, ordinary income of ¥3.01 billion, down 0.5%, and quarterly net income of ¥2.57 billion, up 23.3%.」
Revenue increased due to appropriate product pricing, while operating income and ordinary income fell below the year-earlier period. Quarterly net income increased, partly because the Company recorded a ¥566 million gain on the sale of Sunny Maize shares as extraordinary income. - FY2024-Q1AdvancedAnnual report
「As a result, for the three months ended 30 June, the Company reported revenue of ¥18.27 billion, up 14.0% year on year, operating income of ¥1.19 billion, up 29.5%, ordinary income of ¥1.54 billion, up 26.2%, and quarterly net income of ¥1.46 billion, up 72.8%.」
Revenue, operating income, ordinary income and quarterly net income all exceeded the year-earlier period, supported by appropriate product pricing and higher sales by business segment, resulting in continued revenue and earnings growth. - FY2023AdvancedAnnual report
「As a result, for the fiscal year, the Company reported revenue of ¥64.61 billion, up 27.7% year on year, operating income of ¥3.54 billion, up 135.2%, ordinary income of ¥3.34 billion, up 79.7%, and net income of ¥2.6 billion, up 90.2%.」
Against a backdrop of appropriate product pricing and higher sales volumes, revenue and earnings growth progressed on a full-year basis. - FY2023-Q3AdvancedAnnual report
「As a result, for the nine months ended the third quarter, the company's net sales were ¥47.97 billion, up 25.4% from the same period of the previous year; operating profit was ¥3.08 billion, up 91.1%; ordinary profit was ¥2.93 billion, up 50.7%; and quarterly net profit was ¥2.29 billion, up 63.7%.」
Revenue, operating income, ordinary income and net income all increased year on year, and earnings improvement progressed through the nine-month period. - FY2023-Q2AdvancedAnnual report
「As a result, for the six months ended the second quarter, the company's net sales were ¥32.67 billion, up 25.4% from the same period of the previous year; operating profit was ¥2.71 billion, up 46.9%; ordinary profit was ¥3.03 billion, up 40.2%; and quarterly net profit was ¥2.09 billion, up 34.3%.」
Net sales, operating profit, ordinary profit and quarterly net profit all exceeded the levels of the same period of the previous year, supported by appropriate product pricing and higher sales volume, and earnings improvement progressed. - FY2023-Q1AdvancedAnnual report
「As a result, for the three months ended the first quarter, the company's net sales were ¥16.03 billion, up 23.3% from the same period of the previous year; operating profit was ¥920 million, up 3.0%; ordinary profit was ¥1.22 billion, up 26.7%; and quarterly net profit was ¥840 million, up 25.2%.」
Net sales, operating profit, ordinary profit and quarterly net profit all exceeded the levels of the same period of the previous year, supported by appropriate product pricing and higher sales volume. - FY2022Higher revenue and ordinary profit from appropriate pricing, alongside a slight decline in operating profitAnnual report
「As a result, for the fiscal year, the company's net sales were ¥50.61 billion, compared with ¥45.06 billion in the previous fiscal year; operating profit was ¥1.5 billion, compared with ¥1.51 billion; ordinary profit was ¥1.85 billion, compared with ¥1.67 billion; and net profit was ¥1.37 billion, compared with ¥1.22 billion.」
Appropriate product pricing against a backdrop of soaring corn and crude oil prices increased net sales, ordinary profit and net profit, while operating profit declined slightly. - FY2022-Q3AdvancedAnnual report
「As a result, for the nine months ended the third quarter, the company's net sales were ¥38.26 billion, compared with ¥34.31 billion in the same period of the previous year; operating profit was ¥1.61 billion, compared with ¥1.51 billion; ordinary profit was ¥1.94 billion, compared with ¥1.74 billion; and quarterly net profit was ¥1.4 billion, compared with ¥1.25 billion.」
Net sales, operating profit, ordinary profit and quarterly net profit all increased from the same period of the previous year, and the earnings improvement progressed through the nine months ended the third quarter. - FY2022-Q2AdvancedAnnual report
「As a result, for the six months ended the second quarter, the company's net sales were ¥26.04 billion, compared with ¥23.77 billion in the same period of the previous year; operating profit was ¥1.85 billion, compared with ¥1.33 billion; ordinary profit was ¥2.16 billion, compared with ¥1.6 billion; and quarterly net profit was ¥1.55 billion, compared with ¥1.16 billion.」
Net sales, operating profit, ordinary profit and quarterly net profit all exceeded the levels of the same period of the previous year, and the earnings improvement progressed through the six months ended the second quarter. - FY2022-Q1AdvancedAnnual report
「As a result, for the three months ended the first quarter, the company's net sales were ¥13.0 billion, compared with ¥12.12 billion in the same period of the previous year; operating profit was ¥890 million, compared with ¥660 million; ordinary profit was ¥960 million, compared with ¥710 million; and quarterly net profit was ¥670 million, compared with ¥500 million.」
Year-on-year comparison percentages were not disclosed because of the application of new accounting standards, but net sales, operating profit, ordinary profit and quarterly net profit all exceeded the levels of the same period of the previous year. The company also identified appropriate product pricing in response to higher raw-material and fuel costs as a factor behind the increase in revenue. - FY2021AdvancedAnnual report
「For the fiscal year, the company's net sales edged down 0.5% to ¥45.06 billion, while operating profit rose to ¥1.51 billion from ¥10 million in the previous fiscal year, ordinary profit rose 488.4% to ¥1.67 billion, and net profit rose 415.3% to ¥1.22 billion, as reductions in manufacturing costs for fuel and other items and in selling, general and administrative expenses related to the COVID-19 pandemic significantly exceeded the plan.」
Despite limiting the decline in revenue, lower manufacturing costs for fuel and other items, selling expenses and general and administrative expenses improved operating profit to ¥1.51 billion, ordinary profit to ¥1.67 billion and net profit to ¥1.22 billion. - FY2021-Q3AdvancedAnnual report
「As a result, despite lower demand caused by the stagnation of socioeconomic activity amid the spread of COVID-19, the company's net sales for the nine months ended the third quarter were ¥34.31 billion, up 0.7% from the same period of the previous year; operating profit was ¥1.51 billion, compared with an operating loss of ¥80 million in the same period of the previous year; ordinary profit was ¥1.74 billion, up 968.1%; and quarterly net profit was ¥1.25 billion, up 846.0%, as reductions in manufacturing costs for fuel and other items and in selling, general and administrative expenses exceeded the plan.」
Operating performance improved from an operating loss in the same period of the previous year to operating profit of ¥1.51 billion, while ordinary profit and quarterly net profit also increased significantly. Reductions in manufacturing costs for fuel and other items and in selling, general and administrative expenses exceeded the plan, and the earnings improvement that began in the previous quarter progressed further through the nine months ended the third quarter. - FY2021-Q2AdvancedAnnual report
「As a result, for the six months ended the second quarter, the company's net sales were ¥23.77 billion, up 1.4% from the same period of the previous year; operating profit was ¥1.33 billion, up 338.4%, helped by lower manufacturing costs following the decline in crude oil prices and lower selling, general and administrative expenses; ordinary profit was ¥1.6 billion, up 192.2%; and quarterly net profit was ¥1.16 billion, up 180.8%.」
The growth trend in revenue and profit continued from the previous quarter through the six months ended the second quarter, with operating profit and other measures improving significantly as manufacturing costs declined following lower crude oil prices and selling, general and administrative expenses decreased. - FY2021-Q1Turnaround from declining revenue and earnings to revenue and earnings growthAnnual report
「As a result, for the three months ended the first quarter, the company's net sales were ¥12.12 billion, up 2.9% from the same period of the previous year; operating profit was ¥660 million, up 675.1%; ordinary profit was ¥710 million, up 1,420.4%; and quarterly net profit was ¥500 million, up 1,718.2%.」
The first quarter marked a shift from the pattern of declining revenue and profit that had continued through FY2020-Q1 to growth in both revenue and profit. - FY2020WorsenedAnnual report
「As a result, for the fiscal year, the company's net sales were ¥45.26 billion, down 3.6% from the previous fiscal year; operating profit was ¥10 million, down 57.3%; ordinary profit was ¥280 million, down 28.5%; and net profit was ¥230 million, down 15.9%.」
Revenue and profit continued to decline against a backdrop of lower sales volume, price competition, weaker papermaking demand and a cool summer, with operating profit down 57.3% year on year. - FY2020-Q3WorsenedAnnual report
「As a result, for the nine months ended the third quarter, the company's net sales were ¥34.06 billion, down 6.9% from the same period of the previous year; it posted an operating loss of ¥80 million, compared with operating profit of ¥430 million in the same period of the previous year; ordinary profit was ¥160 million, down 79.2%; and quarterly net profit was ¥130 million, down 76.7%.」
Revenue declined year on year, and the company swung from operating profit to an operating loss, while ordinary profit and quarterly net profit also fell sharply, indicating further deterioration in earnings. - FY2020-Q2WorsenedAnnual report
「As a result, for the six months ended the second quarter, the company's net sales were ¥23.45 billion, a decrease of ¥1.67 billion, or 6.7%, year on year; operating profit was ¥300 million, a decrease of ¥460 million, or 60.4%; ordinary profit was ¥540 million, a decrease of ¥570 million, or 51.3%; and quarterly net profit was ¥410 million, a decrease of ¥400 million, or 49.4%.」
Revenue and profit continue to decline year on year against a backdrop of lower sales volume and a difficult competitive environment. - FY2020-Q1WorsenedAnnual report
「As a result, for the three months ended the first quarter, the company's net sales were ¥11.78 billion, a decrease of ¥1.14 billion, or 8.9%, year on year; operating profit was ¥80 million, a decrease of ¥330 million, or 79.7%; ordinary profit was ¥40 million, a decrease of ¥480 million, or 91.2%; and quarterly net profit was ¥20 million, a decrease of ¥340 million, or 92.6%.」
Revenue and profit declined following FY2019-Q1, with operating profit down 79.7% and ordinary profit down 91.2% year on year. - FY2019WorsenedAnnual report
「As a result, for the fiscal year, the company's net sales were ¥46.95 billion, a decrease of ¥1.23 billion, or 2.6%, year on year; operating profit was ¥20 million, a decrease of ¥1.01 billion, or 97.4%; ordinary profit was ¥390 million, a decrease of ¥720 million, or 64.6%; and net profit was ¥280 million, a decrease of ¥710 million, or 71.5%.」
Revenue and profit declined following FY2018, with operating profit down 97.4% and ordinary profit down 64.6%. The deterioration in earnings caused by competition among companies, higher crude oil prices and sluggish sales became even more evident in the full-year results. - FY2019-Q3WorsenedAnnual report
「As a result, for the nine months ended the third quarter, the company's net sales were ¥36.59 billion, a decrease of ¥830 million, or 2.2%, year on year; operating profit was ¥430 million, a decrease of ¥770 million, or 64.1%; ordinary profit was ¥780 million, a decrease of ¥580 million, or 42.9%; and quarterly net profit was ¥560 million, a decrease of ¥490 million, or 46.6%.」
Revenue and profit continued to decline against a backdrop of price competition, higher crude oil prices and lower sales volume, with operating profit down 64.1% year on year. - FY2019-Q2WorsenedAnnual report
「As a result, for the six months ended the second quarter, the company's net sales were ¥25.12 billion, a decrease of ¥950 million, or 3.7%, year on year; operating profit was ¥760 million, a decrease of ¥390 million, or 33.8%; ordinary profit was ¥1.12 billion, a decrease of ¥270 million, or 19.5%; and quarterly net profit was ¥810 million, a decrease of ¥220 million, or 21.4%.」
Revenue and profit continued to decline year on year against a backdrop of lower sales volume, lower selling prices and higher crude oil prices, with operating profit down 33.8%. - FY2019-Q1WorsenedAnnual report
「As a result, for the three months ended the first quarter, the company's net sales were ¥12.93 billion, a decrease of ¥280 million, or 2.1%, year on year; operating profit was ¥420 million, a decrease of ¥90 million, or 18.4%; ordinary profit was ¥530 million, a decrease of ¥20 million, or 4.0%; and quarterly net profit was ¥370 million, a decrease of ¥20 million, or 6.6%.」
Against a backdrop of lower selling prices caused by competition among companies and higher crude oil prices, revenue and profit declined year on year, and the difficult earnings environment continues. - FY2018WorsenedAnnual report
「As a result, for the fiscal year, the company's net sales were ¥48.19 billion, a decrease of ¥2.36 billion, or 4.7%, year on year; operating profit was ¥1.03 billion, a decrease of ¥990 million, or 49.0%; ordinary profit was ¥1.12 billion, a decrease of ¥1.09 billion, or 49.2%; and net profit was ¥990 million, a decrease of ¥750 million, or 43.1%.」
Conditions deteriorated from earnings improvement driven by higher sales volume and lower raw-material and fuel costs to lower revenue and profit caused by sluggish sales, lower selling prices and higher crude oil prices. - FY2018-Q3RestatedAnnual report
「In terms of earnings, conditions remained difficult, mainly because intensified competition among companies continued to push down selling prices and crude oil prices rose. As a result, for the nine months ended the third quarter, the company's net sales were ¥37.43 billion, operating profit was ¥1.21 billion, ordinary profit was ¥1.37 billion and net profit was ¥1.06 billion.」
The difficult earnings environment has continued as competition among companies has driven down selling prices, compounded by the impact of higher crude oil prices. Net sales and profit figures for the nine months ended the third quarter were also disclosed. - FY2018-Q2RestatedAnnual report
「In terms of earnings, conditions remained challenging due in part to the impact of falling selling prices amid intensifying competition among companies.」
The difficult earnings environment caused by intensified competition and lower selling prices continues. - FY2018-Q1Deteriorating earnings environmentAnnual report
「In terms of sales, although fine weather continued after the long May holiday, shipments of saccharification products for soft drinks and beer-based beverages were sluggish, and overall sales of saccharification products remained weak. Although shipments of starch products for confectionery and processed foods were firm, shipments of starch products for papermaking were affected by low-priced imports, and overall sales of starch products remained weak. In terms of earnings, conditions remained difficult, mainly because intensified competition among companies continued to push down selling prices.」
Unlike the earnings improvement previously described as resulting from higher sales volume and lower costs, this period saw a difficult earnings environment caused by sluggish sales of saccharification and starch products and lower selling prices. - FY2017-Q3AdvancedAnnual report
「As a result, for the nine months ended the third quarter, the Group's net sales were ¥39.34 billion, a decrease of ¥3.06 billion, or 7.2%, year on year; operating profit was ¥2.02 billion, an increase of ¥1.32 billion, or 188.7%; ordinary profit was ¥2.5 billion, an increase of ¥1.61 billion, or 182.3%; and profit attributable to owners of the parent was ¥1.87 billion, an increase of ¥1.22 billion, or 187.8%.」
Although lower selling prices resulted in lower revenue, operating profit, ordinary profit and net profit increased significantly year on year, driven by higher sales volume and persistently low raw-material and fuel prices. - FY2017-Q2First statedAnnual report
「In terms of earnings, although lower raw-material costs and other factors caused the selling price to decline, earnings improved as sales volume increased and the yen strengthened, while heavy oil prices and other costs remained low.」
The quarter saw earnings improve despite lower selling prices, supported by higher sales volume, a stronger yen and low heavy oil prices and other costs.