Risk of fluctuations in financial position and operating results
First written in FY2016. 32 of 39 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-09-11.
Mbk moved to the "Worse" side of this theme in 2016, 9 years before the typical company in this theme (2025).
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「However, because the decline in the price of bitcoin resulted in a ¥94 million loss on the valuation of crypto-assets being recorded in non-operating expenses, ordinary income was ¥24 million, up 761.4% year on year, and interim net income attributable to owners of the parent was ¥29 million, compared with an interim net loss attributable to owners of the parent of ¥1 million in the same period of the previous year.」
The fluctuation in performance caused by asset price movements actually materialized as a ¥94 million loss on the valuation of crypto-assets accompanying the decline in the price of bitcoin. - FY2025MaterialisedAnnual report
「Revenue was ¥3,383 million, down 23.9% year on year, and operating income was ¥285 million, down 12.6% year on year. … Ordinary loss was ¥31 million, compared with ordinary income of ¥99 million in the same period of the previous year. … Net loss attributable to owners of the parent was ¥85 million, compared with net income attributable to owners of the parent of ¥182 million in the same period of the previous year.」
The fluctuation in operating performance materialized during the period as a decline in revenue, lower operating income, ordinary loss and net loss attributable to owners of the parent. - FY2026-H1MaterialisedAnnual report
「As a result, the Group's performance for the interim consolidated accounting period consisted of revenue of ¥1,627 million, up 14.7% year on year, operating profit of ¥104 million, up 565.0%, ordinary profit of ¥2 million, compared with an ordinary loss of ¥72 million, and an interim net loss attributable to owners of the parent of ¥1 million, compared with interim net profit attributable to owners of the parent of ¥13 million.」
The fluctuation in performance materialized as differences at each profit level: revenue increased, operating income was ¥104 million and ordinary income returned to profitability, while net loss attributable to owners of the parent was ¥1 million. - FY2024MaterialisedAnnual report
「The sale of 6 properties generated revenue of ¥4,446 million, ¥1,446 million above the forecast. However, operating income was ¥326 million, ¥273 million below the forecast, owing to acquisition expenses related to the purchase of 9 properties, which exceeded the forecast by ¥98 million, and excess spending on external experts to strengthen the compliance framework.」
While revenue exceeded plan, operating income fell short of plan because of excess acquisition expenses and external expert fees, and the fluctuation in performance materialized. - FY2025-Q1MaterialisedAnnual report
「Profit at each stage consisted of operating profit of ¥15 million and an ordinary loss of ¥72 million. The transfer of shares in the operations business, 株式会社ケンテン, generated an extraordinary gain of ¥90 million, resulting in quarterly net profit attributable to owners of the parent of ¥13 million.」
The fluctuation in performance materialized as differences at each profit level: operating income was secured, ordinary loss was ¥72 million, and net income was ¥13 million due to gains on the sale of shares. - FY2024-Q4MaterialisedAnnual report
「Profit at each stage consisted of an operating loss of ¥68 million, compared with an operating loss of ¥62 million, an ordinary loss of ¥111 million, compared with an ordinary loss of ¥86 million, and a quarterly net loss attributable to owners of the parent of ¥112 million, compared with a quarterly net loss attributable to owners of the parent of ¥82 million.」
The risk of fluctuations in financial position and operating performance materialized as an increase in operating loss, ordinary loss and net loss attributable to owners of the parent for the quarter, even though revenue increased rather than declined. - FY2024-Q1MaterialisedAnnual report
「As a result, the Group's performance for the first quarter of the current consolidated cumulative period consisted of revenue of ¥301 million, down 3.1% year on year. Profit at each stage consisted of an operating loss of ¥62 million, compared with an operating loss of ¥25 million, an ordinary loss of ¥86 million, compared with an ordinary loss of ¥37 million, and a quarterly net loss attributable to owners of the parent of ¥82 million, compared with a quarterly net loss attributable to owners of the parent of ¥40 million.」
The risk of changes in financial position and operating performance materialized in the first quarter under review as lower revenue and widening operating, ordinary and quarterly net losses attributable to owners of the parent. - FY2023MaterialisedAnnual report
「Operating income 290 △13 △303 -% Ordinary income 170 △84 △254 -% Net income attributable to owners of the parent 340 98 △242 △71.2%」
Operating income, ordinary income and net income attributable to owners of the parent for the period all fell below plan, with an operating loss and ordinary loss being recorded. - FY2023MaterialisedAnnual report
「Due to the recognition of an allowance for doubtful accounts, impairment losses and valuation losses on investment securities, among other items, ordinary profit was ¥144 million, down 34.2% year on year, and the company recorded a net loss attributable to owners of the parent of ¥66 million, compared with net income attributable to owners of the parent of ¥70 million in the same period of the previous year.」
The risk of changes in financial position and operating performance emerged in the annual results as a decline in ordinary profit and a net loss attributable to owners of the parent of ¥66 million. - FY2023-Q3MaterialisedAnnual report
「As a result, the group's performance in the third quarter under review benefited from the sale of part of the income-producing real estate held by the company, and revenue was ¥3,233 million, up 41.3% year on year. Operating profit was ¥289 million, down 6.1% year on year, ordinary profit was ¥169 million, down 21.8%, and quarterly net income attributable to owners of the parent was ¥98 million, down 33.8%, with all profit levels remaining positive.」
Although the sale of real estate increased revenue, all profit levels declined year on year, showing that changes in operating performance materialized during the quarter. - FY2023-Q2Maintained profitability, but profit levels declinedAnnual report
「Profit at each stage was positive, consisting of operating profit of ¥139 million, down 57.7% year on year, ordinary profit of ¥96 million, down 66.5%, and quarterly net profit attributable to owners of the parent of ¥79 million, down 62.5%.」
The risk of changes in operating performance emerged as profitability at every level continued, while declining substantially year on year. - FY2023-Q1MaterialisedAnnual report
「Revenue was ¥311 million, down 74.7% year on year. Operating loss was ¥25 million, compared with operating profit of ¥301 million in the same period of the previous year, ordinary loss was ¥37 million, compared with ordinary profit of ¥287 million, and quarterly net loss attributable to owners of the parent was ¥40 million, compared with quarterly net income attributable to owners of the parent of ¥217 million.」
The risk of changes in operating performance materialized again as revenue fell 74.7% year on year, resulting in operating, ordinary and quarterly net losses attributable to owners of the parent. - FY2022-Q3MitigatedAnnual report
「Profit at each stage made a substantial swing to profitability, consisting of operating profit of ¥308 million, up 8,313.4% year on year, ordinary profit of ¥217 million, compared with an ordinary loss of ¥61 million, and quarterly net profit attributable to owners of the parent of ¥149 million, compared with a quarterly net loss attributable to owners of the parent of ¥197 million.」
The company turned around from an ordinary loss of ¥61 million and a quarterly net loss attributable to owners of the parent of ¥197 million in the same period of the previous year to ordinary profit of ¥217 million and quarterly net income attributable to owners of the parent of ¥149 million during the cumulative nine-month period, easing the recent deterioration in operating performance. - FY2022-Q2MitigatedAnnual report
「As a result, the group's performance in the second quarter under review benefited from the sale of part of the income-producing real estate held by the company and substantial contributions from investment income from domestic and overseas businesses. Revenue increased 197.9% year on year to ¥1,984 million. Operating profit was ¥329 million, compared with an operating loss of ¥35 million in the same period of the previous year, ordinary profit was ¥287 million, compared with an ordinary loss of ¥81 million, and quarterly net income attributable to owners of the parent was ¥212 million, compared with a quarterly net loss attributable to owners of the parent of ¥217 million, marking a substantial return to profitability.」
The sale of part of the real estate and contributions from domestic and overseas investment income resulted in a turnaround from losses at every profit level in the same period of the previous year to operating profit of ¥329 million, ordinary profit of ¥287 million and quarterly net income attributable to owners of the parent of ¥212 million. - FY2022-Q1MitigatedAnnual report
「Operating profit was ¥301 million, compared with an operating loss of ¥39 million in the same period of the previous year, ordinary profit was ¥287 million, compared with an ordinary loss of ¥57 million, and quarterly net income attributable to owners of the parent was ¥217 million, compared with a quarterly net loss attributable to owners of the parent of ¥64 million, marking a substantial return to profitability.」
Although changes in financial position and operating performance continued, the company moved from losses at every profit level in the same period of the previous year to substantial profitability in the quarter under review, easing the recent deterioration. - FY2021MaterialisedAnnual report
「For the current year, the company secured operating profit of ¥219 million and ordinary profit of ¥132 million through its core real estate revenue and real estate investment income. However, impairment losses of ¥159 million on goodwill, fixed assets and other items arising from the exit from KAKOGAWA PLAZA HOTEL at the end of November 2020 were recorded as an extraordinary loss, resulting in a net loss attributable to owners of the parent of ¥44 million.」
The risk of changes in operating performance also emerged for the full year. Although operating profit and ordinary profit were positive, the company recorded a net loss attributable to owners of the parent of ¥44 million due to a ¥159 million impairment loss associated with the hotel withdrawal. - FY2021-Q3MaterialisedAnnual report
「Revenue was ¥1,045 million, down 33.9% year on year, operating profit was ¥3 million, down 97.6%, ordinary loss was ¥61 million, compared with ordinary profit of ¥66 million, and quarterly net loss attributable to owners of the parent was ¥197 million, compared with quarterly net income attributable to owners of the parent of ¥50 million, resulting in lower revenue and lower profits.」
The impact of COVID-19 and the withdrawal from the hotel business resulted in lower revenue, a substantial decline in operating profit, an ordinary loss and a quarterly net loss attributable to owners of the parent. - FY2021-Q2MaterialisedAnnual report
「As a result, the Group's performance for the second quarter consisted of revenue of ¥666 million, down 25.7% year on year, an operating loss of ¥35 million, compared with operating profit of ¥35 million, an ordinary loss of ¥81 million, compared with an ordinary loss of ¥20 million, and a quarterly net loss attributable to owners of the parent of ¥217 million, compared with a quarterly net loss attributable to owners of the parent of ¥21 million. Although investments in domestic and overseas companies contributed to improved earnings, the operations business, centered on KAKOGAWA PLAZA HOTEL, was affected by the COVID-19 pandemic, resulting in declines in both revenue and profit.」
The risk of changes in operating performance materialized as lower revenue due to the impact of COVID-19, an operating loss of ¥35 million, an ordinary loss of ¥81 million and a quarterly net loss attributable to owners of the parent of ¥217 million. - FY2021-Q1MaterialisedAnnual report
「As a result, the Group's performance for the first quarter consisted of revenue of ¥303 million, down 33.9% from the same period of the previous year. Profit at each stage consisted of an operating loss of ¥39 million, compared with operating profit of ¥30 million, an ordinary loss of ¥57 million, compared with ordinary profit of ¥3 million, and a quarterly net loss attributable to owners of the parent of ¥64 million, compared with quarterly net profit attributable to owners of the parent of ¥2 million, representing declines in both revenue and profit year on year.」
Changes in financial position and operating performance actually emerged under the impact of COVID-19 as lower revenue and losses at each profit level. - FY2020MaterialisedAnnual report
「For the current fiscal year, the company recorded net income attributable to owners of the parent of ¥83 million, due to the sale of income-producing real estate held by the company and income from domestic and overseas corporate investments.」
The risk of changes in operating performance also emerged in FY2020, depending on whether assets were sold and domestic and overseas investment income was generated. The company also describes the potential future impact of COVID-19 on employment, the economy and operating performance. - FY2020-Q3MaterialisedAnnual report
「Although the ¥315 million gain on sales of investment securities recorded as an extraordinary gain in the third quarter of the previous fiscal year was not recorded in the third quarter under review, investment income from domestic and overseas businesses made a substantial contribution, enabling the company to turn profitable with quarterly net income attributable to owners of the parent of ¥50 million, down 82.9% year on year.」
Net income fluctuated substantially from ¥293 million in the same period of the previous year to ¥50 million due to the presence or absence of extraordinary gains and the contribution of domestic and overseas investment income, showing that changes in operating performance had materialized. - FY2020-Q2MaterialisedAnnual report
「Operating profit was ¥35 million, up 97.6% year on year, while ordinary loss was ¥20 million, compared with an ordinary loss of ¥32 million in the same period of the previous year. In particular, because the ¥315 million gain on sales of investment securities recorded as an extraordinary gain in the second quarter of the previous fiscal year was not recorded in the second quarter under review, quarterly net loss attributable to owners of the parent was ¥21 million, compared with quarterly net income attributable to owners of the parent of ¥275 million.」
Although operating profit improved, an ordinary loss remained, and changes in operating performance materialized as quarterly net income attributable to owners of the parent turned into a loss depending on whether an extraordinary gain was recorded. - FY2020-Q1MaterialisedAnnual report
「Revenue declined 1.9% year on year to ¥459 million. Operating profit was ¥30 million, up 33.7%, and ordinary profit was ¥3 million, up 14.8%, securing higher profits at both levels. However, quarterly net income attributable to owners of the parent was ¥2 million, down 93.4% year on year because the ¥33 million gain on sales of investment securities recorded as an extraordinary gain in the first quarter of the previous fiscal year was not recorded in the first quarter under review.」
Changes in operating performance also emerged during the quarter. Revenue and quarterly net income attributable to owners of the parent declined, while operating profit and ordinary profit increased. - FY2019MitigatedAnnual report
「Although the company believes that the possibility of recording substantial losses of the kind described above will be low going forward due to improvements in its management base and a reduction in the scale of its assets, uncertainty remains that earnings may fall below plan as the business environment surrounding the group is expected to remain challenging.」
The company indicated that improvements in its management base and a reduction in the scale of its assets have lowered the possibility of substantial losses like those in the past, but uncertainty remains that earnings may fall below plan. - FY2019-Q3MaterialisedAnnual report
「Operating profit was ¥64 million, compared with an operating loss of ¥65 million in the same period of the previous year, while ordinary loss was ¥11 million, compared with an ordinary loss of ¥118 million. In addition, the sale of part of the investment securities held by the company generated a gain on sales of investment securities of ¥315 million, resulting in a substantial improvement from the loss in the same period of the previous year and quarterly net income attributable to owners of the parent of ¥293 million, compared with a quarterly net loss attributable to owners of the parent of ¥100 million.」
Changes in operating performance materialized during the quarter. Operating profit and net income turned positive, while an ordinary loss of ¥11 million remained. - FY2019-Q2MaterialisedAnnual report
「Ordinary loss was ¥32 million, compared with an ordinary loss of ¥62 million in the same period of the previous year. In addition, the sale of part of the investment securities held by the company resulted in a gain on sales of investment securities of ¥315 million, and quarterly net income attributable to owners of the parent was ¥275 million, compared with a quarterly net loss attributable to owners of the parent of ¥56 million.」
The risk of changes in operating performance materialized during the quarter as an operating profit and net income turned positive through a gain on sales of investment securities, while ordinary losses continued. - FY2019-Q1All quarterly profit levels turned positiveAnnual report
「As a result, the Group's performance for the first quarter consisted of revenue of ¥468 million, down 14.1% from the same period of the previous year due to the end of operations at Hotel JAL City Matsuyama. However, reflecting stronger earnings capacity from the increase in income-producing real estate, profit at each stage consisted of operating profit of ¥22 million, compared with an operating loss of ¥20 million, ordinary profit of ¥2 million, compared with an ordinary loss of ¥32 million, and quarterly net profit attributable to owners of the parent of ¥33 million, compared with a quarterly net loss attributable to owners of the parent of ¥33 million.」
With respect to changes in financial position and operating performance, the results state that all profit levels turned around from losses in the same period of the previous year to profits in the quarter under review. - FY2018MaterialisedAnnual report
「Operating loss was ¥29 million, compared with operating profit of ¥17 million in the same period of the previous year. The company also recorded ¥39 million in shareholder benefit-related expenses as non-operating expenses, resulting in an ordinary loss of ¥156 million, compared with an ordinary loss of ¥23 million, and a net loss attributable to owners of the parent of ¥134 million, compared with net income attributable to owners of the parent of ¥148 million.」
For the full year, lower revenue, a shift to an operating loss, an ordinary loss of ¥156 million and a net loss attributable to owners of the parent of ¥134 million showed that changes in operating performance had actually occurred. - FY2018-Q3MaterialisedAnnual report
「Operating loss was ¥65 million, compared with operating profit of ¥27 million in the same period of the previous year. Ordinary loss was ¥118 million, compared with an ordinary loss of ¥2 million, and quarterly net loss attributable to owners of the parent was ¥100 million, compared with quarterly net income attributable to owners of the parent of ¥181 million.」
During the cumulative nine-month period, lower revenue, a shift to an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent actually occurred, and changes in financial position and operating performance intensified. - FY2018-Q2MaterialisedAnnual report
「Operating loss was ¥28 million, compared with operating profit of ¥5 million in the same period of the previous year. Ordinary loss was ¥62 million, compared with an ordinary loss of ¥13 million, and quarterly net loss attributable to owners of the parent was ¥56 million, compared with a quarterly net loss attributable to owners of the parent of ¥18 million.」
During the cumulative six-month period, the company moved from operating profit in the same period of the previous year to an operating loss, while the ordinary loss and quarterly net loss attributable to owners of the parent also widened. - FY2018-Q1MaterialisedAnnual report
「Operating loss was ¥20 million, compared with an operating loss of ¥41 million in the same period of the previous year. Ordinary loss was ¥32 million, compared with an ordinary loss of ¥50 million, and quarterly net loss attributable to owners of the parent was ¥33 million, compared with a quarterly net loss attributable to owners of the parent of ¥53 million.」
In the first quarter under review, an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent actually occurred, and changes in financial position and operating performance continued. - FY2017MaterialisedAnnual report
「Revenue was ¥2,555 million, down 25.3% year on year, operating profit was ¥17 million, down 74.7%, and ordinary loss was ¥23 million, compared with ordinary profit of ¥37 million in the same period of the previous year.」
For the full year, lower revenue, a substantial decline in operating profit and an ordinary loss actually occurred. - FY2017-Q3MaterialisedAnnual report
「Revenue was ¥1,879 million, down 13.4% year on year, operating profit was ¥27 million, down 54.2%, and ordinary loss was ¥2 million, compared with ordinary profit of ¥25 million in the same period of the previous year.」
During the cumulative nine-month period, lower revenue and an ordinary loss actually occurred, showing continued changes in financial position and operating performance. - FY2017-Q2MaterialisedAnnual report
「As a result, in the second quarter the group recorded revenue of ¥1,279 million, down 10.8% year on year, operating profit of ¥5 million, down 65.3%, an ordinary loss of ¥13 million, compared with an ordinary loss of ¥5 million in the same period of the previous year, and a quarterly net loss attributable to owners of the parent of ¥18 million, compared with quarterly net income attributable to owners of the parent of ¥9 million. Revenue and profit both declined year on year, as the increase in owned real estate and other factors contributed to higher earnings but could not offset lower revenue and profit in the Operations business resulting from the decrease in business locations.」
The decline in revenue and profit in the operations business caused by the decrease in business locations could not be offset, and lower revenue, an ordinary loss and a quarterly net loss attributable to owners of the parent actually occurred during the cumulative period. - FY2017-Q1MaterialisedAnnual report
「As a result, in the first quarter the group recorded revenue of ¥542 million, down 25.9% year on year, an operating loss of ¥41 million, compared with operating profit of ¥8 million in the same period of the previous year, an ordinary loss of ¥50 million, compared with ordinary profit of ¥1 million, and a quarterly net loss attributable to owners of the parent of ¥53 million, compared with quarterly net income attributable to owners of the parent of ¥20 million. Revenue and profit both declined year on year, due to the expiry of contracts at business locations in the Operations business and the timing of deliveries in the Manufacturing business.」
Changes in financial position and operating performance have actually emerged during the quarter as lower revenue and losses at each profit level. - FY2016First statedAnnual report
「For the fiscal year ended March 2009, the company recorded a net loss attributable to owners of the parent of ¥10,007 million, due to losses on sales and valuation losses related to investment securities, loans receivable from operations and real estate held for sale, among other items.」
After highlighting substantial losses in the past, the company describes the uncertainty that earnings may fall below plan.