Expanding Earnings Power and Pursuing Sustained Growth
First written in FY2016. 11 of 33 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
Alpen moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
17 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, for the fiscal year, the Group reported revenue of ¥285,954 million, up 6.4% year on year; operating profit of ¥8,543 million, up 0.3%; ordinary profit of ¥10,072 million, down 3.7%; and net income attributable to owners of the parent of ¥6,267 million, up 12.4%.」
Revenue, operating profit and net income attributable to owners of the parent exceeded the previous year’s levels. Although ordinary profit declined, full-year operating profit increased, indicating a partial improvement in earnings capacity. - FY2026-H1WorsenedAnnual report
「As a result, the Group’s net sales for the interim consolidated accounting period were ¥137,155 million, up 5.2% year on year; operating income was ¥3,733 million, down 23.1%; ordinary income was ¥4,498 million, down 21.1%; and interim net income attributable to owners of the parent was ¥2,756 million, down 25.4%.」
Although net sales exceeded the prior-year period, operating income, ordinary income, and interim net income attributable to owners of the parent all declined, indicating weaker earnings power. - FY2025-H1AdvancedAnnual report
「As a result, the Group’s net sales for the interim consolidated accounting period were ¥130,402 million, up 6.5% year on year; operating income was ¥4,855 million, up 223.1%; ordinary income was ¥5,703 million, up 145.7%; and interim net income attributable to owners of the parent was ¥3,695 million, up 290.7%.」
Net sales, operating income, ordinary income, and interim net income attributable to owners of the parent all exceeded the prior-year period, with substantial improvements in growth rates for profit. - FY2024WorsenedAnnual report
「As a result, the Group’s consolidated net sales were ¥252,936 million, up 3.4% year on year; operating income was ¥3,330 million, down 34.2%; ordinary income was ¥5,307 million, down 23.4%; and net income attributable to owners of the parent was ¥1,733 million, down 68.3%. For the following consolidated fiscal year, the Group expects net sales of ¥268,000 million, operating income of ¥6,300 million, ordinary income of ¥7,220 million, and net income attributable to owners of the parent of ¥3,250 million.」
Full-year net sales increased, while operating income, ordinary income, and net income declined significantly, resulting in weaker earnings for the year. The Group provided specific forecasts for the following year, based on new store openings, easing excess inventories, and improved gross margin. - FY2024-Q3WorsenedAnnual report
「As a result, consolidated net sales for the cumulative third quarter under review were ¥182,449 million, up 2.0% year on year; operating income was ¥302 million, down 90.5%; ordinary income was ¥1,590 million, down 63.3%; and net income attributable to owners of the parent was ¥125 million, down 95.7%.」
Although net sales increased 2.0% year on year, operating income, ordinary income, and net income attributable to owners of the parent all declined substantially, and the deterioration in earnings continued. - FY2024-Q2WorsenedAnnual report
「As a result, consolidated net sales for the cumulative second quarter under review were ¥122,401 million, up 1.8% year on year; operating income was ¥1,502 million, down 62.2%; ordinary income was ¥2,321 million, down 49.9%; and net income attributable to owners of the parent was ¥945 million, down 69.7%.」
Although net sales increased 1.8% year on year, operating income, ordinary income, and net income attributable to owners of the parent all declined significantly, resulting in weaker earnings. - FY2024-Q1WorsenedAnnual report
「As a result, the Group’s results for the cumulative first quarter under review were net sales of ¥59,049 million, up 3.8% year on year; operating loss of ¥644 million, compared with an operating loss of ¥32 million in the prior-year period; ordinary loss of ¥254 million, compared with ordinary income of ¥466 million; and net loss attributable to owners of the parent of ¥245 million, compared with net income attributable to owners of the parent of ¥157 million.」
Although net sales increased 3.8% year on year, the operating loss widened from ¥32 million to ¥644 million, while ordinary income and net income attributable to owners of the parent both turned into losses. - FY2023WorsenedAnnual report
「Net sales for the consolidated fiscal year were ¥244,540 million, up 5.3% year on year; operating income was ¥5,062 million, down 29.2%; ordinary income was ¥6,930 million, down 22.9%; and net income attributable to owners of the parent was ¥5,469 million, up 3.0%.」
Net sales and net income for the fiscal year increased, while operating income and ordinary income declined from the prior year. The long-term target of a 10% operating margin remains in place. - FY2023-Q3WorsenedAnnual report
「As a result, consolidated net sales for the cumulative third quarter under review were ¥178,928 million, up 7.8% year on year; operating income was ¥3,174 million, down 19.4%; ordinary income was ¥4,328 million, down 19.0%; and net income attributable to owners of the parent was ¥2,930 million, down 11.1%.」
Although net sales increased 7.8% year on year, operating income, ordinary income, and net income attributable to owners of the parent all fell below the prior-year period, and the deterioration in earnings continued. - FY2023-Q2WorsenedAnnual report
「As a result, consolidated net sales for the cumulative second quarter under review were ¥120,258 million, up 6.5% year on year; operating income was ¥3,971 million, down 32.9%; ordinary income was ¥4,636 million, down 32.4%; and net income attributable to owners of the parent was ¥3,123 million, down 27.9%.」
Although net sales increased 6.5% year on year, operating income, ordinary income, and net income attributable to owners of the parent all fell below the prior-year period, and the deterioration in earnings continued. - FY2023-Q1WorsenedAnnual report
「As a result, the Group’s results for the cumulative first quarter under review were net sales of ¥56,891 million, up 8.2% year on year; operating loss of ¥32 million, compared with operating income of ¥1,088 million in the prior-year period; ordinary income of ¥466 million, down 69.6%; and net income attributable to owners of the parent of ¥157 million, down 81.5%.」
Although net sales exceeded the prior-year period, operating income turned into an operating loss, while ordinary income and net income attributable to owners of the parent also declined sharply. The figures indicate deteriorating earnings power. - FY2022WorsenedAnnual report
「Net sales for the consolidated fiscal year were ¥232,332 million, down 0.4% year on year; operating income was ¥7,153 million, down 52.6%; ordinary income was ¥8,988 million, down 46.6%; and net income attributable to owners of the parent was ¥5,310 million, down 50.7%.」
Full-year net sales were broadly flat, while operating income, ordinary income, and net income attributable to owners of the parent declined significantly. For the following fiscal year, the Group expects net sales of ¥248,000 million, operating income of ¥7,200 million, ordinary income of ¥8,650 million, and net income attributable to owners of the parent of ¥5,020 million. - FY2022-Q3Earnings performance deteriorated significantlyAnnual report
「As a result, consolidated net sales for the cumulative third quarter under review were ¥166,031 million, down 3.2% year on year; operating income was ¥3,937 million, down 65.6%; ordinary income was ¥5,341 million, down 58.2%; and net income attributable to owners of the parent was ¥3,296 million, down 60.4%.」
Net sales, operating income, ordinary income, and net income attributable to owners of the parent all fell below the prior-year period, and the significant deterioration in earnings continued. - FY2022-Q2Earnings performance deteriorated significantlyAnnual report
「As a result, consolidated net sales for the cumulative second quarter under review were ¥112,900 million, down 6.3% year on year; operating income was ¥5,915 million, down 46.7%; ordinary income was ¥6,855 million, down 43.0%; and net income attributable to owners of the parent was ¥4,333 million, down 44.7%.」
Net sales, operating income, ordinary income, and net income attributable to owners of the parent all fell below the prior-year period, and the deterioration in earnings continued. - FY2022-Q1Earnings performance deteriorated significantlyAnnual report
「As a result, the Group’s results for the cumulative first quarter under review were net sales of ¥52,568 million, down 9.5% year on year; operating income of ¥1,088 million, down 76.8%; ordinary income of ¥1,532 million, down 70.1%; and net income attributable to owners of the parent of ¥850 million, down 74.8%.」
Net sales, operating income, ordinary income, and net income attributable to owners of the parent all fell below the prior-year period, resulting in a significant deterioration in earnings. - FY2021-Q3AdvancedAnnual report
「As a result, consolidated net sales for the cumulative third quarter under review were ¥171,570 million, up 2.8% year on year; operating income was ¥11,435 million, up 542.0%; ordinary income was ¥12,781 million, up 312.6%; and net income attributable to owners of the parent was ¥8,335 million, compared with a net loss attributable to owners of the parent of ¥411 million in the prior-year period.」
Net sales increased 2.8% year on year, while operating income, ordinary income, and net income attributable to owners of the parent all improved substantially. Net income attributable to owners of the parent turned from a loss in the prior-year period into a profit of ¥8,335 million. - FY2021-Q2AdvancedAnnual report
「As a result, consolidated net sales for the cumulative second quarter under review were ¥120,539 million, up 5.0% year on year; operating income was ¥11,092 million, up 237.3%; ordinary income was ¥12,024 million, up 193.3%; and net income attributable to owners of the parent was ¥7,829 million, up 229.7%.」
Net sales increased 5.0% year on year, and operating income, ordinary income, and net income attributable to owners of the parent all rose sharply. Improved earnings power was reflected in the cumulative second-quarter results. - FY2021-Q1AdvancedAnnual report
「As a result, the Group’s results for the cumulative first quarter under review were net sales of ¥58,096 million, up 0.7% year on year; operating income of ¥4,696 million, up 681.9%; ordinary income of ¥5,131 million, up 443.8%; and net income attributable to owners of the parent of ¥3,375 million, up 887.5%.」
Net sales exceeded the prior-year period, while operating income, ordinary income, and net income attributable to owners of the parent all increased significantly. - FY2020-Q3AdvancedAnnual report
「As a result, consolidated net sales for the cumulative third quarter under review were ¥166,950 million, up 1.2% year on year; operating income was ¥1,781 million, compared with an operating loss of ¥1,860 million in the prior-year period; and ordinary income was ¥3,097 million, compared with an ordinary loss of ¥888 million. In addition, in light of the uncertain impact of the spread of COVID-19 on the Group’s results, the Group reversed part of its deferred tax assets during the consolidated third quarter under review and recorded an income taxes adjustment amount of ¥1,858 million. As a result, net loss attributable to owners of the parent was ¥411 million, compared with a net loss attributable to owners of the parent of ¥2,281 million in the prior-year period.」
Net sales increased 1.2% year on year, while operating income and ordinary income turned from losses in the prior-year period to profits. The net loss attributable to owners of the parent narrowed from ¥2,281 million to ¥411 million. - FY2020-Q1AdvancedAnnual report
「As a result, the Group’s results for the cumulative first quarter under review were net sales of ¥57,683 million, up 6.3% year on year; operating income of ¥600 million, compared with an operating loss of ¥923 million in the prior-year period; ordinary income of ¥943 million, compared with an ordinary loss of ¥584 million; and net income attributable to owners of the parent of ¥341 million, compared with a net loss attributable to owners of the parent of ¥297 million.」
Net sales increased 6.3% year on year, and operating income, ordinary income, and net income attributable to owners of the parent all turned from losses in the prior-year period to profits. - FY2019-Q3Earnings performance deteriorated and turned into lossesAnnual report
「As a result, consolidated net sales for the cumulative third quarter under review were ¥165,031 million, down 0.5% year on year; operating loss was ¥1,860 million, compared with operating income of ¥709 million in the prior-year period; ordinary loss was ¥888 million, compared with ordinary income of ¥1,472 million; and net loss attributable to owners of the parent was ¥2,281 million, compared with net income attributable to owners of the parent of ¥903 million.」
Net sales declined year on year, while operating income, ordinary income, and net income attributable to owners of the parent all turned into losses. - FY2019-Q2Earnings performance deteriorated significantlyAnnual report
「As a result, consolidated net sales for the cumulative second quarter under review were ¥111,717 million, down 1.5% year on year; operating income was ¥174 million, down 94.1%; ordinary income was ¥850 million, down 76.2%; and net income attributable to owners of the parent was ¥541 million, down 76.6%.」
Net sales declined year on year, and operating income, ordinary income, and net income attributable to owners of the parent all fell sharply. The Group nevertheless remained profitable for the cumulative second quarter under review. - FY2019-Q1Operating loss, ordinary loss and net loss recordedAnnual report
「As a result, at the end of the first quarter of the current fiscal year, our Group recorded net sales of ¥54,261 million, down 2.8% year on year, an operating loss of ¥923 million, compared with operating profit of ¥1,203 million in the prior-year period, an ordinary loss of ¥584 million, compared with ordinary profit of ¥1,613 million, and a quarterly net loss attributable to owners of the parent of ¥297 million, compared with quarterly net profit attributable to owners of the parent of ¥1,153 million.」
Net sales declined year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all turned into losses. - FY2018-Q2Operating profit and net profit increased, while ordinary profit declinedAnnual report
「As a result, for the first six months of the current fiscal year, our Group recorded net sales of ¥113,382 million, up 5.8% year on year, operating profit of ¥2,947 million, up 9.5%, ordinary profit of ¥3,568 million, down 5.4%, and profit attributable to owners of the parent of ¥2,315 million, up 13.9%.」
Net sales, operating profit and profit attributable to owners of the parent exceeded the prior-year period, while ordinary profit declined, resulting in mixed earnings trends across the individual items. - FY2018-Q1Earnings performance deterioratedAnnual report
「As a result, for the first quarter of the current fiscal year, our Group recorded net sales of ¥55,853 million, up 4.2% year on year, operating profit of ¥1,203 million, down 37.5%, ordinary profit of ¥1,613 million, down 29.0%, and profit attributable to owners of the parent of ¥1,153 million, down 3.7%.」
Net sales increased year on year, but operating profit, ordinary profit and profit attributable to owners of the parent all declined, indicating deterioration in earnings during the quarter. - FY2017RaisedAnnual report
「As its long-term vision, the company has set targets of No. 1 in customer satisfaction, earnings power, market share and corporate value. Specifically, it aims to achieve No. 1 in customer and employee satisfaction, an operating margin of at least 10%, the No. 1 market share in every category of Japan’s sporting goods market, and the highest market capitalization among Japanese sporting goods companies.」
The previous policy of expanding earnings power and pursuing sustained growth has been made more specific and expanded into four long-term targets covering customer and employee satisfaction, an operating margin of at least 10%, market share across all categories, and market capitalization. - FY2017-Q3AdvancedAnnual report
「As a result, for the first nine months of the current fiscal year, our Group recorded net sales of ¥158,987 million, down 2.7% year on year, operating profit of ¥491 million, up 859.3%, ordinary profit of ¥2,337 million, up 328.2%, and profit attributable to owners of the parent of ¥1,478 million, up 269.6%.」
Although net sales declined 2.7% year on year, operating profit, ordinary profit and profit attributable to owners of the parent all increased substantially, demonstrating improved earnings power through the third quarter. - FY2017-Q2AdvancedAnnual report
「As a result, for the first six months of the current fiscal year, our Group recorded net sales of ¥107,213 million, down 3.0% year on year, operating profit of ¥2,692 million, up 26.9%, ordinary profit of ¥3,770 million, up 43.8%, and profit attributable to owners of the parent of ¥2,033 million, up 11.8%.」
While net sales declined year on year, operating profit, ordinary profit and profit attributable to owners of the parent all increased, demonstrating improved earnings power. - FY2017-Q1AdvancedAnnual report
「As a result, for the first quarter of the current fiscal year, our Group recorded net sales of ¥53,586 million, down 0.8% year on year, operating profit of ¥1,926 million, up 97.3%, ordinary profit of ¥2,273 million, up 75.4%, and profit attributable to owners of the parent of ¥1,198 million, down 5.0%.」
Although net sales declined, operating profit and ordinary profit were substantially higher than in the prior-year quarter, indicating an improvement in earnings power. - FY2016First statedAnnual report
「In addition to these challenges involved in expanding earnings power, we will promote stronger risk management, centered on enhancing and reinforcing internal control functions, as well as stronger compliance through adherence to laws and regulations and social norms.」
The company has set out growth through general sporting goods, e-commerce, store openings, format development, overseas business infrastructure and M&A, alongside stronger internal controls and compliance.