Enhancing Corporate Value Through Gross Profit Growth and Improved Operating Margins
First written in FY2019. 14 of 29 entries say "Worsened", first in FY2020-Q3. Latest entry: 2026-10-30.
Tsukuruba moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
19 other companies' latest entry also says "Reframed".
- 2026-10-30ReframedManagement planning
「前回開示では売上総利益の成⾧を掲げていましたが、事業領域の拡大を踏まえ、事業活動から得られる収入・利益の拡大を広く表すため、「収益」の成⾧に表現を変更しています。」
成長テーマの表現を「売上総利益の成長」から、事業領域の拡大を踏まえた「収益」の成長へ変更している。 - FY2026WorsenedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥11,310.952 million, up 39.7% year on year, operating income was ¥169.866 million, down 38.1%, and ordinary income was ¥38.164 million, down 80.9%.」
Revenue increased 39.7% and gross profit increased to ¥3,894.263 million, while operating income fell 38.1% year on year and ordinary income fell 80.9%. Gross profit growth did not coincide with improved profitability, and operating income and ordinary income deteriorated. - FY2026-H1WorsenedAnnual report
「As a result, revenue for the interim period of the consolidated fiscal year was ¥5,241,512 thousand, up 55.3% year on year, while the operating loss was ¥2,070 thousand, compared with operating profit of ¥58,898 thousand in the same period of the previous year, the ordinary loss was ¥67,717 thousand, compared with ordinary profit of ¥22,573 thousand, and the interim net loss attributable to owners of the parent was ¥53,553 thousand, compared with an interim net loss attributable to owners of the parent of ¥15,723 thousand.」
While revenue increased 55.3% year on year and gross profit also increased to ¥1,840,026 thousand, operating profit turned into a loss, and the ordinary loss and interim net loss attributable to owners of the parent also increased. Of the two objectives, gross profit growth and profitability improvement, profitability deteriorated. - FY2025-H1AdvancedAnnual report
「As a result, revenue for the interim period of the consolidated fiscal year was ¥3,375,609 thousand, up 65.1% year on year, operating profit was ¥58,898 thousand, up 59.0%, ordinary profit was ¥22,573 thousand, down 3.7%, and the interim net loss attributable to owners of the parent was ¥15,723 thousand, compared with interim net profit attributable to owners of the parent of ¥123,318 thousand in the same period of the previous year.」
Revenue increased 65.1% year on year, gross profit was ¥1,644,325 thousand, and operating profit was ¥58,898 thousand, representing concrete progress in gross profit growth and operating profit improvement. Meanwhile, ordinary profit declined year on year, and the company recorded an interim net loss attributable to owners of the parent. - FY2024AdvancedAnnual report
「Revenue for the consolidated fiscal year was ¥5,483,091 thousand, operating profit was ¥155,256 thousand, ordinary profit was ¥114,088 thousand, and net profit attributable to owners of the parent was ¥215,658 thousand.」
The company as a whole recorded operating profit of ¥155,256 thousand, while gross profit was ¥2,824,180 thousand and segment profit from the cowcamo business was ¥1,024,573 thousand. There was concrete progress in gross profit growth and operating margin improvement. - FY2024-Q2RestatedAnnual report
「Against this economic backdrop, the Group focused primarily on improving productivity in sales and marketing activities in the cowcamo business, its core business, and promoted expansion of the business scale through service improvements and strengthening the organisational structure. As a result, revenue for the cumulative second quarter of the consolidated fiscal year was ¥2,045,182 thousand, operating profit was ¥37,044 thousand, ordinary profit was ¥23,436 thousand, and net profit attributable to owners of the parent was ¥123,318 thousand.」
The company continued to improve the productivity of sales and marketing activities, improve services, and strengthen its organisational structure, recording operating profit of ¥37,044 thousand, ordinary profit of ¥23,436 thousand, and net profit attributable to owners of the parent of ¥123,318 thousand for the cumulative second quarter of the consolidated fiscal year. No year-on-year or other comparative analysis was conducted because the company began preparing consolidated financial statements. - FY2024-Q1AdvancedAnnual report
「As a result, revenue for the cumulative first quarter of the consolidated fiscal year was ¥1,152,517 thousand, operating profit was ¥49,139 thousand, ordinary profit was ¥44,471 thousand, and net profit attributable to owners of the parent was ¥45,080 thousand.」
As a result of improving the productivity of sales and marketing activities, improving services, and strengthening the organisational structure, the company recorded operating profit of ¥49,139 thousand, ordinary profit of ¥44,471 thousand, and net profit attributable to owners of the parent of ¥45,080 thousand for the cumulative first quarter of the consolidated fiscal year. No year-on-year comparison was conducted because the company began preparing consolidated financial statements. - FY2023AdvancedAnnual report
「As a result, revenue for the fiscal year was ¥4,152,638 thousand, up 50.1% from the previous fiscal year, while the operating loss was ¥132,468 thousand, compared with an operating loss of ¥773,960 thousand in the previous fiscal year, the ordinary loss was ¥150,798 thousand, compared with an ordinary loss of ¥795,020 thousand, and the net loss was ¥165,523 thousand, compared with a net loss of ¥822,420 thousand.」
Revenue increased 50.1%, and the operating loss, ordinary loss, and net loss narrowed substantially from the previous fiscal year. Although the company as a whole continued to report losses, there was concrete progress in gross profit growth and profitability improvement. - FY2023-Q3AdvancedAnnual report
「Against this backdrop, we focused on expanding the scale of the cowcamo business, our core business, through service improvements, including the provision of new services, and strengthening the organisational structure. As a result, revenue for the cumulative third quarter was ¥2,665,859 thousand, up 37.9% year on year, while the operating loss was ¥201,924 thousand, compared with an operating loss of ¥669,351 thousand in the same period of the previous year, the ordinary loss was ¥215,512 thousand, compared with an ordinary loss of ¥683,390 thousand, and the quarterly net loss was ¥220,153 thousand, compared with a quarterly net loss of ¥709,220 thousand.」
Revenue for the cumulative third quarter increased 37.9% year on year, while the operating loss narrowed from ¥669,351 thousand to ¥201,924 thousand, the ordinary loss from ¥683,390 thousand to ¥215,512 thousand, and the quarterly net loss from ¥709,220 thousand to ¥220,153 thousand. The company as a whole continued to report losses, so it did not state that its targets had been achieved. - FY2023-Q2AdvancedAnnual report
「As a result, revenue for the cumulative second quarter was ¥1,567,340 thousand, up 28.5% year on year, while the operating loss was ¥189,679 thousand, compared with an operating loss of ¥496,603 thousand in the same period of the previous year, the ordinary loss was ¥197,420 thousand, compared with an ordinary loss of ¥506,851 thousand, and the quarterly net loss was ¥201,371 thousand, compared with a quarterly net loss of ¥506,493 thousand.」
Revenue increased 28.5% year on year. The operating loss narrowed from ¥496,603 thousand to ¥189,679 thousand, the ordinary loss from ¥506,851 thousand to ¥197,420 thousand, and the quarterly net loss from ¥506,493 thousand to ¥201,371 thousand. The cowcamo business also recorded segment profit of ¥196,095 thousand, turning profitable from a segment loss of ¥112,219 thousand in the same period of the previous year. The company as a whole continued to report a loss. - FY2023-Q1AdvancedAnnual report
「Against this backdrop, we focused on expanding the scale of the cowcamo business, our core business, through service improvements, including the provision of new services, and strengthening the organisational structure. As a result, revenue for the cumulative first quarter was ¥742,709 thousand, up 31.3% year on year, while the operating loss was ¥100,624 thousand, compared with an operating loss of ¥244,989 thousand in the same period of the previous year, the ordinary loss was ¥106,999 thousand, compared with an ordinary loss of ¥253,460 thousand, and the quarterly net loss was ¥110,196 thousand, compared with a quarterly net loss of ¥253,080 thousand.」
Revenue increased 31.3% year on year, and the operating loss, ordinary loss, and net loss all narrowed from the same period of the previous year. Profitability showed improvement, but the company as a whole continued to report losses, and it did not state that its targets had been achieved. - FY2022-Q3WorsenedAnnual report
「As a result, revenue for the cumulative third quarter was ¥1,933,069 thousand, up 69.9% year on year, while the operating loss was ¥669,351 thousand, compared with an operating loss of ¥236,908 thousand in the same period of the previous year, the ordinary loss was ¥683,390 thousand, compared with an ordinary loss of ¥232,880 thousand, and the quarterly net loss was ¥709,220 thousand, compared with a quarterly net loss of ¥253,224 thousand.」
While revenue increased 69.9% year on year, the operating loss, ordinary loss, and quarterly net loss all increased substantially from the same period of the previous year, and the deterioration in profitability continued despite the policy of growing gross profit and improving profitability. - FY2022-Q2WorsenedAnnual report
「As a result, revenue for the cumulative second quarter was ¥1,219,301 thousand, up 60.3% year on year, while the operating loss was ¥496,603 thousand, compared with an operating loss of ¥118,396 thousand in the same period of the previous year, the ordinary loss was ¥506,851 thousand, compared with an ordinary loss of ¥112,109 thousand, and the quarterly net loss was ¥506,493 thousand, compared with a quarterly net loss of ¥119,949 thousand.」
While revenue increased 60.3% year on year, the operating loss, ordinary loss, and quarterly net loss all increased substantially from the same period of the previous year, indicating a further deterioration in profitability. - FY2022-Q1WorsenedAnnual report
「Against this economic backdrop, we focused on measures including expanding the scale of the cowcamo business, our core business, through service improvements, including the provision of new services, and strengthening the organisational structure, as well as investment in system development. As a result, revenue for the cumulative first quarter was ¥565,668 thousand, up 52.5% year on year, while the operating loss was ¥244,989 thousand, compared with an operating loss of ¥45,480 thousand in the same period of the previous year, the ordinary loss was ¥253,460 thousand, compared with an ordinary loss of ¥44,207 thousand, and the quarterly net loss was ¥253,080 thousand, compared with a quarterly net loss of ¥53,339 thousand.」
While advancing the provision of new services, service improvements, organisational strengthening, and investment in system development, revenue increased 52.5% year on year, but the operating loss, ordinary loss, and quarterly net loss all increased from the same period of the previous year. - FY2021WorsenedAnnual report
「As a result, revenue for the fiscal year was ¥1,624,420 thousand, down 5.5% from the previous fiscal year, while the operating loss was ¥358,720 thousand, compared with an operating loss of ¥150,504 thousand in the previous fiscal year, the ordinary loss was ¥358,316 thousand, compared with an ordinary loss of ¥159,244 thousand, and the net loss was ¥482,465 thousand, compared with a net loss of ¥431,740 thousand.」
Revenue declined, and the operating loss, ordinary loss, and net loss all increased from the previous fiscal year. Meanwhile, gross profit was ¥1,264,553 thousand and segment profit from the cowcamo business was ¥32,572 thousand. - FY2021-Q3WorsenedAnnual report
「Against this economic backdrop, we focused on measures including expanding the scale of the cowcamo business, our core business, through service improvements and strengthening the organisational structure, as well as investment in system development. As a result, revenue for the cumulative third quarter was ¥1,137,714 thousand, down 20.8% year on year, while the operating loss was ¥236,908 thousand, compared with an operating loss of ¥32,880 thousand in the same period of the previous year, the ordinary loss was ¥232,880 thousand, compared with an ordinary loss of ¥38,354 thousand, and the quarterly net loss was ¥253,224 thousand, compared with a quarterly net loss of ¥91,632 thousand.」
While continuing service improvements and other measures, revenue declined 20.8% year on year, and the operating loss, ordinary loss, and quarterly net loss all increased from the same period of the previous year. The deterioration in profitability has continued. - FY2021-Q2WorsenedAnnual report
「Against this economic backdrop, we focused on measures including expanding the scale of the cowcamo business, our core business, through service improvements and strengthening the organisational structure, as well as investment in system development. As a result, revenue for the cumulative second quarter was ¥760,725 thousand, down 23.4% year on year, while the operating loss was ¥118,396 thousand, compared with operating profit of ¥36,496 thousand in the same period of the previous year, the ordinary loss was ¥112,109 thousand, compared with ordinary profit of ¥36,472 thousand, and the quarterly net loss was ¥119,949 thousand, compared with quarterly net profit of ¥28,757 thousand.」
While continuing these measures, revenue declined 23.4% year on year, and operating profit, ordinary profit, and quarterly net profit all turned from profits in the same period of the previous year into losses. The deterioration in profitability has continued since the first quarter. - FY2021-Q1WorsenedAnnual report
「Against this economic backdrop, we focused on measures including expanding the scale of the cowcamo business, our core business, through service improvements and strengthening the organisational structure, as well as investment in system development. As a result, revenue for the cumulative first quarter was ¥371,031 thousand, down 18.1% year on year, while the operating loss was ¥45,480 thousand, compared with operating profit of ¥24,966 thousand in the same period of the previous year, the ordinary loss was ¥44,207 thousand, compared with ordinary profit of ¥24,605 thousand, and the quarterly net loss was ¥53,339 thousand, compared with quarterly net profit of ¥18,083 thousand.」
While continuing service improvements and other measures, revenue declined 18.1% year on year, and operating profit, ordinary profit, and quarterly net profit all turned from profits in the same period of the previous year into losses. - FY2020WorsenedAnnual report
「Revenue for the fiscal year was ¥1,718,876 thousand, up 13.4% from the previous fiscal year, while the operating loss was ¥150,504 thousand, compared with operating profit of ¥19,432 thousand in the previous fiscal year, the ordinary loss was ¥159,244 thousand, compared with ordinary profit of ¥7,451 thousand, and the net loss was ¥431,740 thousand, compared with net profit of ¥10,735 thousand.」
While revenue increased, the company recorded an operating loss, ordinary loss, and net loss for the full year, and profitability, the basis for increasing enterprise value, deteriorated from the previous fiscal year. - FY2020-Q3WorsenedAnnual report
「As a result, revenue for the cumulative third quarter was ¥1,436,022 thousand, up 32.3% year on year, while the operating loss was ¥32,880 thousand, compared with operating profit of ¥11,487 thousand in the same period of the previous year, and the ordinary loss was ¥38,354 thousand, compared with ordinary profit of ¥6,832 thousand. We also recorded extraordinary losses of ¥41,668 thousand, including impairment losses resulting from the partial cancellation of an office lease, resulting in a quarterly net loss of ¥91,632 thousand, compared with quarterly net profit of ¥6,315 thousand in the same period of the previous year.」
While revenue increased year on year, operating profit, ordinary profit, and quarterly net profit turned into losses, representing a deterioration in profitability from the previous improvement trend. - FY2020-Q2AdvancedAnnual report
「Against this economic backdrop, we focused on measures including expanding the scale of the cowcamo business, our core business, through service improvements and strengthening the organisational structure, as well as investment in system development. As a result, revenue for the cumulative second quarter was ¥992,667 thousand, operating profit was ¥36,496 thousand, ordinary profit was ¥36,472 thousand, and net profit was ¥28,757 thousand.」
The company continued service improvements, strengthened its organisational structure, and invested in system development, while disclosing revenue, operating profit, ordinary profit, and net profit for the cumulative second quarter. It did not state that its full-year targets had been achieved. - FY2020-Q1AdvancedAnnual report
「We focused on measures including expanding the scale of the cowcamo business, our core business, through service improvements and strengthening the organisational structure, as well as investment in system development. As a result, revenue for the cumulative first quarter was ¥453,237 thousand, operating profit was ¥24,966 thousand, ordinary profit was ¥24,605 thousand, and net profit was ¥18,083 thousand.」
The company disclosed first-quarter results, including revenue and operating profit, in relation to its existing policies for growth and profitability improvement. It did not state that its full-year targets had been achieved. - FY2019First statedAnnual report
「We aim to enhance corporate value through sustained gross profit growth driven by accumulation of the user base and improved conversion rates, improved operating margins through operational optimization, and further gross profit growth through reinvestment of the profits generated.」
The company identifies transaction volume, revenue per transaction, advertising efficiency and operating efficiency as key improvement drivers.