Increases in operating income and profit attributable to owners of the parent amid declining sales
First written in FY2017-Q2. 8 of 35 entries say "Worsened", first in FY2020-Q3. Latest entry: 2026-08-06.
Unitika moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 25 of 108 companies on the "Worse" side.
21 other companies' latest entry also says "Advanced".
- 2026-08-06AdvancedEarnings presentation
「事業撤退の影響により全社の売上高は前年同四半期比▲68億円の241億円となったが、高付加価値・高機能製品の販売拡大、価格改定の効果等により、継続事業においては増収を維持。」
事業撤退により全社売上高は減少した一方、継続事業では増収を維持し、営業利益も前年同四半期の28億円から42億円へ増加した。 - FY2026Revenue down, operating profit up significantly, net income turns profitableAnnual report
「As a result, revenue for the fiscal year declined 6.2% year on year to ¥118,563 million, due in part to lower revenue following the withdrawal from businesses. Operating profit increased 80.3% year on year to ¥10,549 million, due to higher sales of high-value-added and high-performance products, a review of unprofitable sales, and the effects of price revisions and cost-cutting measures.」
Revenue declined due to the withdrawal from businesses, while operating profit increased from ¥5,851 million to ¥10,549 million, and net income attributable to owners of the parent turned from a loss of ¥24,283 million in the previous fiscal year to profit of ¥18,153 million. - FY2026-H1Operating and ordinary profit up, interim net loss narrowedAnnual report
「As a result, revenue for the interim consolidated accounting period increased 1.0% year on year to ¥62,147 million. Operating profit increased 152.7% year on year to ¥5,644 million, due to a review of unprofitable sales and the effects of price revisions and cost-cutting measures. Ordinary profit increased 319.5% to ¥4,828 million. In addition, following the execution of agreements for the transfer of businesses and other matters, the Company recognized ¥7,631 million in business structure improvement expenses expected to arise going forward as extraordinary losses. As a result, interim net loss attributable to owners of the parent was ¥3,487 million, compared with a loss of ¥9,842 million in the same period of the previous year.」
In addition to higher revenue, operating profit increased from ¥2,233 million to ¥5,644 million and ordinary profit increased from ¥1,151 million to ¥4,828 million. The interim net loss continued due to the recognition of ¥7,631 million in business structure improvement expenses, but narrowed from ¥9,842 million in the same period of the previous year to ¥3,487 million. - FY2025Return to operating profitability alongside widening net lossAnnual report
「Revenue increased to ¥126,411 million, up 6.8% year on year. Operating profit was ¥5,851 million, compared with an operating loss of ¥2,475 million in the previous fiscal year. …Due in part to the recognition of ¥37,932 million in business structure improvement expenses, including impairment losses on fixed assets, net loss attributable to owners of the parent was ¥24,283 million, compared with a net loss of ¥5,443 million.」
Revenue increased and operating profit turned from a loss of ¥2,475 million to a profit of ¥5,851 million, while the net loss for the fiscal year widened to ¥24,283 million due to business structure improvement expenses and other factors. - FY2025-H1Return to operating profitability alongside widening interim net lossAnnual report
「In addition, partly due to recovering demand for food packaging, electronic materials and other applications, revenue for the interim consolidated accounting period increased 6.1% year on year to ¥61,550 million. Operating profit was ¥2,233 million, compared with an operating loss of ¥1,792 million in the same period of the previous year, due to higher sales volumes and the effects of price revisions and cost-cutting measures. In addition, the Company recognized ¥10,674 million in impairment losses on fixed assets held by consolidated subsidiary P.T.EMBLEM ASIA to reflect lower profitability resulting from a significant decline in sales in Southeast Asia, resulting in an interim net loss attributable to owners of the parent of ¥9,842 million, compared with a loss of ¥409 million in the same period of the previous year.」
Revenue increased and operating profit turned from a loss in the same period of the previous year to a profit, while the ¥10,674 million impairment loss at P.T.EMBLEM ASIA widened the interim net loss attributable to owners of the parent from the same period of the previous year. - FY2024WorsenedAnnual report
「As a result, revenue for the fiscal year increased 0.3% year on year to ¥118,341 million. Operating loss was ¥2,475 million, compared with operating profit of ¥1,327 million in the previous fiscal year. Foreign exchange valuation gains of ¥2,595 million on foreign-currency-denominated assets resulting from yen depreciation led to an ordinary loss of ¥1,014 million, compared with ordinary profit of ¥1,069 million. In addition, the Company recognized ¥3,872 million in impairment losses on operating assets in its nonwoven fabrics, industrial fibers and apparel fibers businesses, resulting in a net loss attributable to owners of the parent of ¥5,443 million, compared with net income of ¥102 million.」
Although revenue increased, operating profit turned from profit of ¥1,327 million to a loss of ¥2,475 million, and profit attributable to owners of the parent turned from profit of ¥102 million to a loss of ¥5,443 million. The Company also recognized ¥3,872 million in impairment losses, making the deterioration in annual performance more pronounced. - FY2024-Q3WorsenedAnnual report
「Against this backdrop, lower demand due to deteriorating business sentiment and other factors caused revenue for the nine months ended the third quarter of the fiscal year to decline 1.9% year on year to ¥86,505 million. Operating profit was a loss of ¥2,618 million, compared with profit of ¥1,769 million in the same period of the previous year, as earnings deteriorated under the impact of elevated raw material and fuel prices, higher costs from yen depreciation and lower sales. In addition, foreign exchange valuation gains on foreign-currency-denominated assets resulting from yen depreciation led to an ordinary loss of ¥2,114 million, compared with ordinary profit of ¥2,414 million in the same period of the previous year, while net loss attributable to owners of the parent was ¥2,859 million, compared with profit of ¥1,101 million.」
Lower demand led to lower revenue, and operating profit turned from profit of ¥1,769 million in the same quarter of the previous year to a loss of ¥2,618 million. Ordinary profit and profit attributable to owners of the parent also turned to losses, and operating performance continued to deteriorate. - FY2024-Q2WorsenedAnnual report
「Against this backdrop, lower demand due to deteriorating business sentiment and other factors caused revenue for the six months ended the second quarter of the fiscal year to decline 1.8% year on year to ¥58,029 million. Operating profit was a loss of ¥1,792 million, compared with profit of ¥1,514 million in the same period of the previous year, as earnings deteriorated under the impact of elevated raw material and fuel prices, higher costs from yen depreciation and lower sales. In addition, foreign exchange valuation gains on foreign-currency-denominated assets resulting from yen depreciation led to ordinary profit declining 97.7% to ¥88 million, while net loss attributable to owners of the parent was ¥409 million, compared with profit of ¥2,909 million in the same period of the previous year.」
Lower demand led to lower revenue, and operating profit turned from profit of ¥1,514 million in the same quarter of the previous year to a loss of ¥1,792 million. Ordinary profit also declined to ¥88 million, and profit attributable to owners of the parent was a loss of ¥409 million. - FY2024-Q1WorsenedAnnual report
「Against this backdrop, lower sales due to weak demand caused revenue for the three months ended the first quarter of the fiscal year to decline 5.6% year on year to ¥27,940 million. Operating profit was a loss of ¥676 million, compared with profit of ¥987 million in the same quarter of the previous year, as lower sales and substantial cost increases from higher energy prices and yen depreciation more than offset the effects of price revisions and cost-cutting measures. In addition, the rise in the US dollar and continued yen weakness resulted in foreign exchange valuation gains on foreign-currency-denominated assets, while ordinary profit declined 72.8% to ¥762 million and net income attributable to owners of the parent declined 88.4% to ¥237 million.」
Weak demand and rising costs led to lower revenue, and operating profit turned from profit of ¥987 million in the same period of the previous year to a loss of ¥676 million. Ordinary profit and profit attributable to owners of the parent also declined significantly. - FY2023WorsenedAnnual report
「As a result, revenue for the fiscal year rose 2.8% year on year to ¥117,942 million. Operating profit declined 77.9% to ¥1,327 million, ordinary profit declined 83.3% to ¥1,069 million, and net income attributable to owners of the parent declined 95.4% to ¥102 million.」
Revenue increased, while higher raw material and fuel prices and weak demand led to significant declines in operating profit, ordinary profit and profit attributable to owners of the parent. - FY2023-Q3WorsenedAnnual report
「As a result, revenue for the nine months ended the third quarter of the fiscal year rose 5.0% year on year to ¥88,173 million. Operating profit declined 63.9% to ¥1,769 million, having been significantly affected by higher costs from elevated raw material and fuel prices and yen depreciation. In addition, foreign exchange valuation gains on foreign-currency-denominated assets resulting from yen depreciation compared with the beginning of the fiscal year led to ordinary profit declining 46.6% to ¥2,414 million and net income attributable to owners of the parent declining 64.9% to ¥1,101 million.」
Revenue increased due to higher demand, while operating profit, ordinary profit and net income attributable to owners of the parent all declined, with the trend of higher revenue but lower profit worsening further from the previous quarter. - FY2023-Q2RestatedAnnual report
「Against this backdrop, as demand increased with the recovery in economic activity from the COVID-19 pandemic and other factors, revenue for the six months ended the second quarter of the fiscal year rose 6.5% year on year to ¥59,105 million. Operating profit declined 55.4% to ¥1,514 million, having been significantly affected by higher raw material and fuel prices and the weaker yen. In addition, the continued depreciation of the yen resulted in foreign exchange valuation gains on foreign-currency-denominated assets, lifting ordinary profit 33.1% to ¥3,887 million and net income attributable to owners of the parent 31.4% to ¥2,909 million.」
As in the previous quarter, higher revenue from recovering demand coexisted with lower operating profit and higher ordinary profit and profit attributable to owners of the parent, supported by foreign exchange valuation gains from yen depreciation. - FY2023-Q1Revenue growth, lower operating profit, higher ordinary profit and net incomeAnnual report
「Against this backdrop, as demand increased with the recovery from the COVID-19 pandemic and other factors, revenue for the three months ended the first quarter of the fiscal year rose 5.5% year on year to ¥29,599 million. Operating profit declined 53.2% to ¥987 million, as higher raw material and fuel prices and the weaker yen increased costs, and price revisions and cost-cutting measures were insufficient to offset the impact. In addition, the rise in the US dollar and continued yen weakness resulted in foreign exchange valuation gains on foreign-currency-denominated assets, lifting ordinary profit 57.5% to ¥2,806 million and net income attributable to owners of the parent 62.0% to ¥2,040 million.」
Revenue increased on recovering demand, while operating profit declined due to higher costs from elevated raw material and fuel prices and yen depreciation. Ordinary profit and profit attributable to owners of the parent increased due to foreign exchange valuation gains. - FY2022-Q3Higher revenue, operating profit and ordinary profit up, net income down continuesAnnual report
「As a result, revenue for the nine months ended the third quarter of the fiscal year was ¥83,991 million, compared with ¥81,653 million in the same period of the previous year, operating profit was ¥4,895 million, up 9.8% year on year, ordinary profit was ¥4,525 million, up 53.7%, and net income attributable to owners of the parent was ¥3,136 million, down 32.1%. The application of the revenue recognition accounting standards reduced revenue by ¥2,260 million.」
Compared with the same quarter of the previous year, revenue was ¥83,991 million, operating profit was up 9.8% and ordinary profit was up 53.7%, while net income attributable to owners of the parent was down 32.1%. - FY2022-Q2Higher sales, higher operating and ordinary income, lower net incomeAnnual report
「As a result, revenue for the six months ended the second quarter of the fiscal year was ¥55,514 million, compared with ¥54,828 million in the same period of the previous year, operating profit was ¥3,392 million, up 21.2% year on year, ordinary profit was ¥2,922 million, up 81.4%, and net income attributable to owners of the parent was ¥2,214 million, down 40.7%.」
Despite a ¥1,444 million reduction in revenue due to the application of the revenue recognition accounting standards, revenue exceeded the same period of the previous year, and operating profit and ordinary profit increased, while net income attributable to owners of the parent declined. - FY2022-Q1Revenue growth and substantial increases in operating and net profitAnnual report
「As a result, revenue for the three months ended the first quarter of the fiscal year was ¥28,057 million, compared with ¥27,290 million in the same quarter of the previous year, operating profit was ¥2,109 million, up 34.6% year on year, ordinary profit was ¥1,781 million, up 97.2%, and net income attributable to owners of the parent was ¥1,259 million, up 298.6%. The impact of applying the revenue recognition accounting standards and other standards was a ¥879 million reduction in revenue.」
Compared with the same period of the previous year, revenue was ¥28,057 million, operating profit was up 34.6%, ordinary profit was up 97.2%, and net income attributable to owners of the parent was up 298.6%. The application of the revenue recognition accounting standards reduced revenue by ¥879 million, requiring caution when making a simple comparison of revenue. - FY2021-Q3Revenue down, operating profit up, net income turns profitableAnnual report
「As a result, revenue for the nine months ended the third quarter of the fiscal year was ¥81,653 million, down 8.0% year on year, operating profit was ¥4,459 million, up 15.8%, and ordinary profit was ¥2,943 million, up 0.9%. In addition, partly because insurance proceeds related to the fire at the Company's Uji Plant on 8 January 2019 were recognized as extraordinary income in the three months ended the second quarter, net income attributable to owners of the parent was ¥4,622 million, compared with a loss of ¥1,121 million in the same period of the previous year.」
Revenue declined 8.0% year on year, while operating profit increased 15.8% and ordinary profit increased 0.9%. Partly due to the recognition of insurance proceeds, net income attributable to owners of the parent turned from a loss in the same period of the previous year to profit of ¥4,622 million. - FY2021-Q2Revenue down, operating profit down, return to profitability due to insurance proceedsAnnual report
「As a result, revenue for the six months ended the second quarter of the fiscal year was ¥54,828 million, down 9.4% year on year. Operating profit was ¥2,798 million, down 2.4%, and ordinary profit was ¥1,610 million, down 25.0%. In addition, the Company recognized ¥3,398 million in insurance proceeds related to the fire at its Uji Plant on 8 January 2019 as extraordinary income. As a result, net income attributable to owners of the parent was ¥3,731 million, compared with a loss of ¥1,383 million in the same period of the previous year.」
Revenue, operating profit and ordinary profit all declined year on year, while net income attributable to owners of the parent turned from a loss in the same period of the previous year to profit of ¥3,731 million, partly due to the recognition of insurance proceeds related to the fire at the Uji Plant as extraordinary income. - FY2021-Q1Revenue down, operating profit up, ordinary profit down, return to profitabilityAnnual report
「As a result, revenue for the three months ended the first quarter of the fiscal year was ¥27,290 million, down 10.0% year on year, operating profit was ¥1,566 million, up 7.0%, and ordinary profit was ¥903 million, down 17.3%. Net income attributable to owners of the parent was ¥315 million, compared with a loss of ¥2,044 million in the same quarter of the previous year.」
Revenue declined and operating profit increased from the same period of the previous year, while ordinary profit declined. Profit attributable to owners of the parent turned from a loss in the same period of the previous year to profit of ¥315 million. - FY2020WorsenedAnnual report
「As a result, revenue for the fiscal year was ¥119,537 million, down 7.4% year on year, operating profit was ¥5,467 million, down 32.9%, and ordinary profit was ¥3,153 million, down 55.5%. In addition, the Company recognized ¥2,566 million in provisions for litigation losses and ¥1,043 million in impairment losses related to the deteriorating performance of its Thai subsidiary THAI UNITIKA SPUNBOND CO.,LTD. (TASCO) as extraordinary losses. As a result, net loss attributable to owners of the parent was ¥2,158 million, compared with profit of ¥5,232 million in the previous fiscal year.」
Revenue, operating profit and ordinary profit declined, and the Company shifted to a net loss attributable to owners of the parent due to the provision for litigation losses and TASCO's impairment loss. - FY2020-Q3WorsenedAnnual report
「As a result, revenue for the nine months ended the third quarter of the fiscal year was ¥88,764 million, down 7.2% year on year, operating profit was ¥3,850 million, down 39.8%, and ordinary profit was ¥2,917 million, down 47.0%. In addition, the Company recognized ¥2,540 million as a provision for litigation losses under extraordinary losses, resulting in a net loss attributable to owners of the parent of ¥1,121 million, compared with profit of ¥4,574 million in the same period of the previous year.」
From higher revenue and profit in the same period of the previous year, revenue, operating profit and ordinary profit declined, and the Company reported a net loss attributable to owners of the parent due in part to the ¥2.54 billion provision for litigation losses. Lower revenue, lower profit and a return to a loss continued. - FY2020-Q2RestatedAnnual report
「As a result, revenue for the six months ended the second quarter of the fiscal year was ¥60,486 million, down 4.6% year on year, operating profit was ¥2,866 million, down 35.0%, and ordinary profit was ¥2,148 million, down 49.5%. In addition, following the appellate ruling in a residents' lawsuit seeking to have the Toyohashi mayor exercise a damages claim, on the grounds that the sale to a third party of factory land the Company acquired from Toyohashi in 1951 breached the contract under which it acquired the land, the Company recognized ¥2,500 million as a provision for litigation losses under extraordinary losses. As a result, net loss attributable to owners of the parent was ¥1,383 million, compared with profit of ¥3,875 million in the same period of the previous year.」
Lower revenue and profit continued, and the Company reported a net loss attributable to owners of the parent due in part to the ¥2.5 billion provision for litigation losses. - FY2020-Q1Lower revenue and profit, net loss due to litigation provisionAnnual report
「As a result, revenue for the three months ended the first quarter of the fiscal year was ¥30,311 million, down 5.4% year on year, operating profit was ¥1,464 million, down 43.9%, and ordinary profit was ¥1,091 million, down 56.8%. In addition, following a Nagoya High Court ruling in the appellate proceedings of a residents' lawsuit seeking to have the Toyohashi mayor exercise a damages claim, on the grounds that the sale to a third party of industrial land the Company acquired from Toyohashi in 1951 breached the contract under which it acquired the land, the Company recognized ¥2,500 million as a provision for litigation losses under extraordinary losses. As a result, net loss attributable to owners of the parent was ¥2,044 million, compared with profit of ¥2,242 million in the same quarter of the previous year.」
The results shifted from higher revenue and profit in the same period of the previous year to lower revenue and profit, with the Company reporting a net loss attributable to owners of the parent due in part to the ¥2.5 billion provision for litigation losses. - FY2019-Q3RestatedAnnual report
「As a result, revenue for the nine months ended the third quarter of the fiscal year was ¥95,694 million, up 0.5% year on year, operating profit was ¥6,393 million, down 27.4%, ordinary profit was ¥5,507 million, down 31.7%, and net income attributable to owners of the parent was ¥4,574 million, down 34.3%.」
Revenue increased year on year, while operating profit, ordinary profit and net income attributable to owners of the parent declined, and higher revenue but lower profit continues. - FY2019-Q2RestatedAnnual report
「As a result, revenue for the six months ended the second quarter of the fiscal year was ¥63,379 million, up 0.5% year on year, operating profit was ¥4,408 million, down 24.0%, ordinary profit was ¥4,257 million, down 20.2%, and net income attributable to owners of the parent was ¥3,875 million, down 18.5%.」
Revenue increased year on year, while operating profit, ordinary profit and net income attributable to owners of the parent all declined, and the pattern of higher revenue but lower profit continues. - FY2019-Q1Shift to higher revenue and lower profitAnnual report
「As a result, revenue for the three months ended the first quarter of the fiscal year was ¥32,036 million, up 2.1% year on year, operating profit was ¥2,612 million, down 22.9%, ordinary profit was ¥2,525 million, down 18.0%, and net income attributable to owners of the parent was ¥2,242 million, down 9.2%.」
Revenue increased 2.1% year on year, while operating profit, ordinary profit and net income attributable to owners of the parent all declined, resulting in higher revenue but lower profit. - FY2018RestatedAnnual report
「As a result, revenue for the fiscal year was ¥128,388 million, up 1.7% year on year, operating profit was ¥11,658 million, down 7.0%, ordinary profit was ¥9,972 million, down 4.9%, and net income attributable to owners of the parent was ¥8,081 million, up 9.4%.」
For the full year, revenue increased and operating profit and ordinary profit declined, while net income attributable to owners of the parent increased. - FY2018-Q2Revenue up, ordinary profit and net income up, operating profit downAnnual report
「As a result, revenue for the six months ended the second quarter of the fiscal year was ¥63,064 million, up 0.8% year on year, operating profit was ¥5,797 million, down 7.6%, ordinary profit was ¥5,334 million, up 29.1%, and net income attributable to owners of the parent was ¥4,752 million, up 32.5%.」
Revenue turned higher, and ordinary profit and net income attributable to owners of the parent also increased, while operating profit declined. - FY2018-Q1Revenue also turned higherAnnual report
「As a result, revenue for the three months ended the first quarter of the fiscal year was ¥31,382 million, up 0.3% year on year, operating profit was ¥3,388 million, up 7.4%, ordinary profit was ¥3,078 million, up 88.0%, and net income attributable to owners of the parent was ¥2,470 million, up 107.4%.」
After the previous combination of lower revenue and higher profit, revenue also increased 0.3% year on year in the first quarter, marking a return to higher revenue and higher profit. - FY2017-Q3RestatedAnnual report
「As a result, revenue for the nine months ended the third quarter of the fiscal year was ¥92,187 million, down 13.7% year on year, operating profit was ¥9,220 million, up 30.8%, ordinary profit was ¥8,387 million, up 63.8%, and net income attributable to owners of the parent was ¥6,285 million, up 2.0%.」
The same pattern of lower revenue but higher operating profit, ordinary profit and net income attributable to owners of the parent is reported for the nine months ended the third quarter of the fiscal year. - FY2017-Q2First statedAnnual report
「As a result, revenue for the six months ended the second quarter of the fiscal year was ¥62,571 million, down 14.6% year on year, operating profit was ¥6,273 million, up 41.8%, ordinary profit was ¥4,133 million, up 35.5%, and net income attributable to owners of the parent was ¥3,585 million, up 108.3%.」
The consolidated results for the quarter show that revenue declined year on year, while operating profit, ordinary profit and net income attributable to owners of the parent all increased.