Transformation into a highly profitable business and enhancement of earnings power
First written in FY2016. 22 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-07-31.
4 other companies' latest entry also says "Worsened".
- 2026-07-31WorsenedEarnings
「食品関連の冷凍食品分野において、売上は堅調に推移したものの、過度の円安の長期化による仕入コストの高止まりが続く中、価格競争の激化により価格調整が限定的となったことで、利益率が想定より低下し、連結営業利益が伸長しなかった」
第1四半期の連結営業利益は前年同期比27.2％減となり、利益率の低下と価格調整の限定が収益力の下押し要因として示された。一方、連結経常利益は415百万円で前年同期比0.8％増となっている。 - FY2026AdvancedAnnual report
「Ordinary income was ¥1,725 million, up 20.5% from the previous consolidated fiscal year.」
Consolidated ordinary income was ¥1,725 million, up 20.5% from ¥1,431 million in the previous fiscal year. Earnings for the current fiscal year improved relative to the cumulative profit target under the new medium-term plan, but this does not state that the target has been achieved. - FY2026-H1AdvancedAnnual report
「The company continues to target cumulative consolidated ordinary income of at least ¥5.5 billion over the three years of the medium-term management plan. In the second year, the fiscal year ending March 2026, it is working to secure stable earnings by building a competitive business portfolio, further improve its equity ratio through efficient use of total assets, and maintain profitability above its cost of capital. Ordinary income was ¥829 million, up 44.1% year on year.」
While maintaining the target of cumulative consolidated ordinary income of at least ¥5.5 billion over three years and the recovery policy for the second year, interim ordinary income was ¥829 million, up 44.1% year on year, indicating an improvement on an interim basis following the previous year's full-year decline. - FY2025Full-year ordinary income declines, with a recovery policy statedAnnual report
「Ordinary income was ¥1,431 million, down 25.0% from the previous consolidated fiscal year.」
Consolidated ordinary income was ¥1,431 million, down 25.0% from ¥1,909 million in the previous fiscal year. While maintaining the target of cumulative ordinary income of at least ¥5.5 billion over three years, the fiscal year ending March 2026 was designated as a year for recovery. - FY2025-H1Medium-term plan continues, while interim ordinary income declinesAnnual report
「The company set a target of cumulative consolidated ordinary income of at least ¥5.5 billion over the three years of the medium-term management plan, and is working to maintain profitability above its cost of capital while further improving its equity ratio through stable earnings generation and efficient use of total assets. On the earnings front, unlike the previous year, when margin recovery from selling price adjustments in the frozen food business made a major contribution in response to a sharp rise in procurement costs, the contribution during the current period was limited. As a result, margins declined amid higher procurement costs from the prolonged weakness of the yen and increased logistics costs, and ordinary income was ¥575 million, down 44.8% year on year.」
While continuing the new medium-term plan targeting cumulative consolidated ordinary income of at least ¥5.5 billion, interim ordinary income fell 44.8% year on year as higher procurement and logistics costs resulting from the weaker yen were only partially offset by selling price adjustments. - FY2024RaisedAnnual report
「Aim to achieve consolidated ordinary income of at least ¥2.5 billion and maintain ROE of at least 12% in the fiscal year ending March 2031 (FY2030)」
After achieving the previous medium-term management plan's ¥1,250 million target for consolidated ordinary income in the previous fiscal year, the company set new long-term targets of consolidated ordinary income of at least ¥2.5 billion and ROE of at least 12% for the fiscal year ending March 2031. - FY2024-Q3AdvancedAnnual report
「On the earnings front, higher profit resulting from the recovery in margins in the food-related business, among other factors, led to substantial increases in operating income to ¥1,488 million, up 63.4% year on year, and ordinary income to ¥1,593 million, up 67.8%.」
Cumulative ordinary income for the third quarter was ¥1,593 million, up 67.8% year on year. The medium-term management plan's final-year target of ¥1,250 million had already been achieved in the previous fiscal year, and the cumulative result for the current quarter is further above that level. - FY2024-Q2AdvancedAnnual report
「Ordinary income increased substantially to ¥1,043 million, up 104.5% year on year.」
Cumulative ordinary income for the second quarter was ¥1,043 million, a substantial increase from ¥510 million in the previous year. First-half earnings improved relative to the target of consistently generating consolidated ordinary income of at least ¥1 billion annually, but this does not state that the full-year target was achieved. - FY2024-Q1AdvancedAnnual report
「Ordinary income increased substantially to ¥567 million, up 112.4% year on year.」
Ordinary income for the first quarter was ¥567 million, up 112.4% from ¥267 million in the previous year. Quarterly earnings improved toward the target of consistently generating consolidated ordinary income of at least ¥1 billion annually, but this does not state that the annual target was achieved. - FY2023AchievedAnnual report
「The Company achieved consolidated ordinary profit of ¥1,250 million, the target for the final year of the Medium-Term Management Plan, the fiscal year ending March 2024, 1 year ahead of schedule.」
Against the target of ¥1,250 million in consolidated ordinary income for the fiscal year ending March 2024, actual consolidated ordinary income for the fiscal year ended March 2023 was ¥1,340 million, achieving the target one year ahead of schedule. - FY2023-Q3AdvancedAnnual report
「The Group formulated the three-year medium-term management plan “Shinei Challenge Project 2023” covering the three years from the fiscal year ending March 2022 through the fiscal year ending March 2024, with the goal of building a corporate and earnings structure capable of appropriately responding to changes in the environment and consistently generating ¥1 billion in consolidated ordinary income. In the second year, the fiscal year ending March 2023, the Group worked to respond promptly and appropriately to cost-increasing factors such as higher raw material and logistics costs and the weaker yen, in order to minimize their impact on earnings. Ordinary income was ¥949 million, up 59.8% year on year.」
While maintaining the target of consistently generating consolidated ordinary income of at least ¥1 billion annually, cumulative ordinary income for the third quarter increased to ¥949 million, up 59.8% year on year. This does not state that the annual target was achieved. - FY2023-Q2AdvancedAnnual report
「On the other hand, although margins declined because selling price adjustments failed to keep pace with higher procurement costs, higher profit in the materials-related business, mainly in disaster-prevention products, resulted in operating income of ¥439 million, up 7.7% year on year. Ordinary income was ¥510 million, up 45.7%, due in part to higher non-operating income from foreign exchange gains.」
Cumulative ordinary income for the second quarter was ¥510 million, up 45.7% year on year, indicating improved earnings toward the target of consistently generating consolidated ordinary income of at least ¥1 billion annually. However, the disclosure also notes lower margins and that the target has not been achieved. - FY2023-Q1AdvancedAnnual report
「Ordinary income was ¥267 million, up 19.5% year on year, and net income attributable to owners of the parent was ¥209 million, up 33.6%.」
Ordinary income for the first quarter was ¥267 million, up 19.5% year on year, indicating improved quarterly earnings toward the target of consistently generating consolidated ordinary income of at least ¥1 billion annually. However, this does not state that the annual target was achieved. - FY2022Actual result of ¥634 million leaves a continuing gap to the final targetAnnual report
「Fiscal year ended March 2022 Actual Consolidated ordinary income ¥634 million Fiscal year ending March 2024 Medium-term management plan Consolidated ordinary income ¥1,250 million」
Consolidated ordinary income for the fiscal year ended March 2022 was ¥634 million, leaving a gap to the ¥1,250 million target for the fiscal year ending March 2024. It declined from the previous year's actual result of ¥676 million. - FY2022-Q3AdvancedAnnual report
「On the earnings front, higher revenue mainly in the electronics business and improved margins in the materials-related business resulted in operating income of ¥649 million, up 33.6% year on year, and ordinary income of ¥594 million, up 59.6%.」
Against the target of consistently generating consolidated ordinary income of at least ¥1 billion annually, cumulative ordinary income for the third quarter was ¥594 million, up from ¥372 million in the previous year. This does not state that the annual target was achieved. - FY2022-Q2AdvancedAnnual report
「Ordinary income was ¥350 million, up 299.8% year on year.」
Consolidated ordinary income increased from ¥87 million in the previous year to ¥350 million, indicating improved earnings performance toward the target of consistently generating consolidated ordinary income of at least ¥1 billion annually. However, this does not state that the annual target was achieved. - FY2022-Q1AdvancedAnnual report
「On the earnings front, higher revenue in the food-related and electronics businesses, among other factors, resulted in operating income of ¥220 million, up 455.3% year on year, and ordinary income of ¥223 million, up 496.2%.」
Consolidated ordinary income was ¥223 million, up from ¥37 million in the previous year. Quarterly earnings improved relative to the target of consistently generating consolidated ordinary income of at least ¥1 billion annually, but this does not indicate that the target has been achieved. - FY2021RaisedAnnual report
「Consolidated ordinary income ¥676 million ¥1,250 million」
The target for consolidated ordinary income in the fiscal year ending March 2024, the final year of the new medium-term management plan, was set at ¥1,250 million. The numerical target under the plan was raised to ¥1.25 billion from the previous target of consistently generating at least ¥1 billion annually. - FY2021-Q3AdvancedAnnual report
「The Group positioned the current consolidated fiscal year as the year for building the foundation to rapidly transform itself into an enterprise capable of consistently generating consolidated ordinary income of at least ¥1 billion annually. During the period, however, it focused on initiatives to ensure employee safety to the greatest extent possible and minimize the impact of COVID-19 on its business. On the earnings front, although gross profit declined with lower revenue, improvements from withdrawing from underperforming businesses in the textile segment and company-wide expense reductions resulted in operating income of ¥486 million, up 49.6% year on year, and ordinary income of ¥372 million, up 30.8%.」
While aiming to transform into an enterprise capable of consistently generating consolidated ordinary income of at least ¥1 billion annually, the Group's withdrawal from underperforming textile businesses and company-wide expense reductions lifted cumulative operating income and ordinary income for the third quarter above the previous year. However, ordinary income was ¥372 million, leaving a gap to the annual target of at least ¥1 billion. - FY2021-Q2Ordinary income edges up, but the gap to the target persistsAnnual report
「The Group positions the current consolidated fiscal year as the year for building the foundation to rapidly transform itself into an enterprise capable of consistently generating consolidated ordinary income of at least ¥1 billion annually.」
The company maintained its target of consolidated ordinary income of at least ¥1 billion annually. Cumulative ordinary income for the second quarter was ¥87 million, up 2.5% year on year, but a substantial gap to the target remains. - FY2021-Q1RestatedAnnual report
「The Group positions the current consolidated fiscal year as the year for building the foundation to rapidly transform itself into an enterprise capable of consistently generating consolidated ordinary income of at least ¥1 billion annually.」
The company continues to pursue its goal of transforming into an enterprise capable of consistently generating consolidated ordinary income of at least ¥1 billion annually. Ordinary income for the current quarter was ¥37 million, affected by COVID-19. - FY2020RestatedAnnual report
「The year through 2019 is positioned as the year for building the foundation to rapidly transform the company into an enterprise capable of consistently generating consolidated ordinary income of at least ¥1 billion annually and paying stable dividends, objectives that have yet to be achieved under the basic policy of the medium-term management plan.」
The company continued to pursue the unachieved long-term targets of consolidated ordinary income of at least ¥1 billion annually and stable dividends, with food expansion, an electronics recovery, strengthening the materials-related business and restructuring textiles as the basic course for building the foundation. - FY2020-Q3AdvancedAnnual report
「On the earnings front, improved gross margin and lower expenses, mainly in the textile business, resulted in operating income of ¥325 million, up 164.1% year on year, and ordinary income of ¥284 million, up 127.7%.」
Improved gross margin and lower expenses resulted in operating income of ¥325 million and ordinary income of ¥284 million, up 164.1% and 127.7% year on year, respectively. - FY2020-Q2AdvancedAnnual report
「On the earnings front, improved gross margin and lower expenses, mainly in the textile business, resulted in operating income of ¥132 million, up 506.4% year on year, and ordinary income of ¥85 million, up 110.0%.」
Improved gross margin and lower expenses increased operating income and ordinary income year on year. This does not state that the shift to a high-profitability business structure has been completed. - FY2020-Q1Operating income rises, while ordinary income remains flatAnnual report
「Operating income was ¥56 million, up 205.3% year on year, and ordinary income was ¥64 million, up 0.2%.」
Operating income increased 205.3% year on year, while ordinary income was ¥64 million, up only 0.2% year on year. Earnings performance shows both improving and stagnant factors in the shift toward a high-profitability business structure. - FY2019SoftenedAnnual report
「However, after comprehensively considering changes in the business environment surrounding the Company through the current consolidated fiscal year and the progress of various initiatives, we determined that achieving management objective ③ above in the fiscal year ending March 2020 would be difficult. Accordingly, our top priority for that fiscal year is to establish an earnings base across all businesses, and we will promote each business based on its core competencies in order to achieve this.」
Although the company had set a target of consolidated ordinary income of at least ¥1 billion annually and ¥1.5 billion in the final year, it determined that achieving the target for the fiscal year ending March 2020 would be difficult. Consolidated ordinary income was ¥147 million in FY2019. - FY2019-Q3Company-wide profit decline moves away from the stable earnings targetAnnual report
「On the earnings front, although the materials-related business posted higher profit, profit declined in the textile business, which saw a substantial decrease in net sales, the electronics business, where orders for dust sensors fell sharply, and the food-related business. As a result, operating income was ¥123 million, down 85.1% year on year, and ordinary income was ¥125 million, down 83.1%.」
The materials-related business posted higher profit, while the textile, electronics and food-related businesses posted lower profit. Operating income fell 85.1% and ordinary income fell 83.1%. Company-wide earnings have declined further relative to the plan to create stable earnings. - FY2019-Q2Larger profit decline moves further away from the stable earnings targetAnnual report
「On the earnings front, although the materials-related business posted higher profit, profit declined in the textile business, which saw a substantial decrease in net sales, the electronics business, where orders for dust sensors dropped sharply, and the food-related business. As a result, operating income was ¥21 million, down 95.5% year on year, and ordinary income was ¥40 million, down 90.3%.」
Operating income and ordinary income declined substantially due to lower profit in the major segments excluding the materials-related business. Cumulative performance for the current quarter has deteriorated further relative to the stable earnings creation target set under WAVE “10” Season 2. - FY2019-Q1Profit declined in all segments, moving away from the earnings targetAnnual report
「On the earnings front, profit declined in all segments, led by the textile business, where net sales fell sharply, and the electronics business, where orders for dust sensors dropped sharply. As a result, operating income was ¥18 million, down 93.0% year on year, and ordinary income was ¥64 million, down 73.9%.」
Profit declined in all segments, resulting in a substantial decrease in operating income and ordinary income. Performance in the current quarter has deteriorated relative to the stable earnings target set under Season 2. - FY2018-Q3Cumulative profit declined year on yearAnnual report
「On the earnings front, the electronic-related business grew on strong demand for dust sensors used in air purifiers for China and South Korea. However, as the other segments struggled to grow, operating profit was ¥827 million, down 3.0% year on year, and ordinary profit was ¥737 million, down 2.5%.」
Electronics increased, but operating income and ordinary income declined year on year as growth stalled in the other segments. Performance has been mixed in the shift toward a high-profitability business structure. - FY2018-Q2AdvancedAnnual report
「On the earnings front, demand for dust sensors used in air purifiers for China and South Korea grew significantly in the electronic-related business, and profitability improved overall. As a result, operating profit rose to ¥489 million, up 30.9% year on year, and ordinary profit to ¥418 million, up 94.8%.」
For the cumulative second quarter, operating profit was ¥489 million and ordinary profit was ¥418 million, up 30.9% and 94.8%, respectively, year on year. - FY2018-Q1AdvancedAnnual report
「On the earnings front, improved profitability overall led to higher profit, with operating profit of ¥265 million, up 139.6% year on year, and ordinary profit of ¥247 million, up 575.9%.」
Operating profit and ordinary profit increased substantially year on year in the first quarter, indicating progress in performance toward the transformation into a highly profitable business. - FY2017RaisedAnnual report
「① To become a company capable of consistently generating ordinary profit of ¥1 billion or more annually, regardless of the business environment. ③ To achieve consolidated ordinary profit of ¥1.5 billion in the final year of the Medium-Term Management Plan, the fiscal year ending March 2020.」
In contrast to the previous qualitative objective of “transforming into a highly profitable business,” the Company newly specified profit targets of ¥1 billion or more annually and ¥1.5 billion in the final year. - FY2017-Q3AdvancedAnnual report
「On the earnings front, higher sales led to an increase in gross profit, which absorbed the increase in selling expenses such as logistics costs. Operating profit rose substantially to ¥883 million, up 229.5% year on year, and ordinary profit to ¥786 million, up 236.6%.」
For the cumulative third quarter, operating profit was ¥883 million and ordinary profit was ¥786 million, up 229.5% and 236.6%, respectively, year on year. The Company does not state that the transformation into a highly profitable business has been completed. - FY2017-Q2AdvancedAnnual report
「On the earnings front, higher sales led to an increase in gross profit, which absorbed the increase in selling expenses such as logistics costs. Operating profit rose substantially to ¥399 million, up 206.8% year on year, and ordinary profit to ¥240 million, up 123.8%.」
Operating profit was ¥399 million and ordinary profit was ¥240 million, up 206.8% and 123.8%, respectively, year on year. The Company does not state that the transformation into a highly profitable business has been completed. - FY2017-Q1AdvancedAnnual report
「Operating profit was ¥129 million, up 91.4% year on year, due to an increase in gross profit accompanying higher sales. However, ordinary profit was ¥55 million, down 45.5% year on year, due in part to the recognition of foreign exchange losses.」
Operating profit improved 91.4% year on year, while ordinary profit declined due to foreign exchange losses and other factors, resulting in a quarterly net loss. The Company does not state that the transformation into a highly profitable business has been completed. - FY2016First statedAnnual report
「By reviewing the structure of each business, we will seek to transform the Company into a highly profitable business and strengthen its earnings power.」
The Company aims to transform into a highly profitable business by reviewing its business structure.