Higher SG&A Expenses and Quarterly Losses from Upfront Investment
First written in FY2017-Q1. 2 of 36 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 19 of 79 companies on the "Worse" side.
33 other companies' latest entry also says "Other".
- FY2026Full-year profit decline and net loss attributable to the parent companyAnnual report
「As a result of these initiatives, net sales were ¥26,230.401 million, up 5.9% year on year. However, due to deterioration in the earnings of the mobile communications business described below, operating income was ¥72.564 million, down 88.4%; ordinary income was ¥35.035 million, down 94.9%; and net loss attributable to owners of the parent was ¥76.471 million, compared with net income of ¥484.710 million in the previous fiscal year.」
Although revenue increased, operating profit and ordinary profit declined substantially due to deterioration in the earnings of the mobile communications business, and net income attributable to owners of the parent turned from a profit in the previous fiscal year into a loss of ¥76.471 million. - FY2026-H1Interim-Period LossesAnnual report
「As a result of these initiatives, net sales were ¥12,966.052 million, up 13.0% year on year. However, due in part to deterioration in gross profit margin, operating loss was ¥92.038 million, compared with operating income of ¥249.349 million in the same period of the previous year; ordinary loss was ¥125.322 million, compared with ordinary income of ¥313.485 million; and interim net loss attributable to owners of the parent was ¥215.731 million, compared with net income of ¥153.638 million.」
Although net sales increased 13.0% year on year, operating, ordinary and net income attributable to owners of the parent turned from positive in the same period of the previous year to losses for the interim period, due in part to deterioration in gross profit margin. - FY2025Full-year return to profitability and earnings recoveryAnnual report
「Net sales were ¥24,771.890 million, up 30.3% year on year; operating income was ¥625.635 million, up 109.4%; ordinary income was ¥684.422 million, up 1,593.0%; and net income attributable to owners of the parent was ¥484.710 million, compared with a net loss of ¥476.300 million in the previous fiscal year.」
The company turned from a net loss attributable to owners of the parent in the previous fiscal year to a full-year profit, while net sales, operating income and ordinary income also increased. - FY2025-H1The interim period turned positiveAnnual report
「As a result of these initiatives, revenue was ¥11,475.470 million, up 34.6% year on year; operating profit was ¥249.349 million, compared with an operating loss of ¥41.478 million in the same period of the previous fiscal year; ordinary profit was ¥313.485 million, compared with an ordinary loss of ¥282.205 million; and interim profit attributable to owners of the parent was ¥153.638 million, compared with an interim loss of ¥627.102 million.」
From operating, ordinary and interim net losses attributable to owners of the parent in the same period of the previous year, all levels turned positive in the interim period. - FY2024Full-year operating income increased, ordinary income declined and the company posted a net lossAnnual report
「Operating income was ¥298.759 million, up 215.7% year on year; ordinary income was ¥40.425 million, down 85.5%; and, due in part to an impairment loss recorded as an extraordinary loss, net loss attributable to owners of the parent was ¥476.300 million, compared with net income of ¥290.400 million in the previous fiscal year.」
For the full year, operating income increased, while ordinary income declined due to valuation losses on derivatives, and the company reported a net loss attributable to owners of the parent due in part to impairment losses. - FY2024-Q3Operating income turned positive; ordinary loss narrowed; net loss widenedAnnual report
「As a result of these initiatives, net sales were ¥13,258.904 million, up 18.8% year on year; operating income was ¥106.594 million, up 169.1%; and, due in part to a valuation loss on derivatives recorded as a non-operating expense, ordinary loss was ¥227.141 million, compared with ordinary income of ¥89.267 million in the same period of the previous year. In addition, due in part to an impairment loss recorded as an extraordinary loss, quarterly net loss attributable to owners of the parent was ¥651.324 million, compared with a loss of ¥106.512 million.」
For the nine months ended in the third quarter, net sales and operating income increased and the company posted operating income, while ordinary loss was ¥227.141 million and quarterly net loss attributable to owners of the parent was ¥651.324 million. - FY2024-Q2Operating loss narrowed slightly; ordinary and net losses widenedAnnual report
「As a result of these initiatives, net sales were ¥8,526.447 million, up 15.4% year on year; operating loss was ¥41.478 million, compared with a loss of ¥43.427 million in the same period of the previous year; and, due in part to a valuation loss on derivatives recorded as a non-operating expense, ordinary loss was ¥282.205 million, compared with a loss of ¥73.431 million. In addition, due in part to an impairment loss recorded as an extraordinary loss, quarterly net loss attributable to owners of the parent was ¥627.102 million, compared with a loss of ¥134.096 million.」
For the six months ended in the second quarter, net sales increased and operating loss narrowed slightly, while ordinary loss and quarterly net loss attributable to owners of the parent widened substantially due to the recording of valuation and impairment losses on derivatives. - FY2024-Q1Wider first-quarter lossesAnnual report
「As a result of these initiatives, net sales were ¥4,106.755 million, up 11.9% year on year; operating loss was ¥154.661 million, compared with a loss of ¥57.593 million in the same period of the previous year; and, due in part to a valuation loss on derivatives recorded as a non-operating expense, ordinary loss was ¥263.704 million, compared with a loss of ¥70.662 million. Quarterly net loss attributable to owners of the parent was ¥325.789 million, compared with a loss of ¥101.950 million.」
In the first quarter, net sales increased 11.9% year on year, while operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the same period of the previous year. A ¥104.700 million valuation loss on derivatives, among other items, affected ordinary loss. - FY2023Returned to profit for the full yearAnnual report
「Operating income was ¥94.645 million, compared with an operating loss of ¥319.357 million in the previous fiscal year; ordinary income was ¥278.540 million, compared with an ordinary loss of ¥328.082 million; and net income attributable to owners of the parent was ¥290.400 million, compared with a net loss of ¥404.185 million.」
From a position of operating, ordinary and net losses attributable to owners of the parent in the previous fiscal year, the fiscal year ended June 2023 turned positive at every level for the full year. - FY2023-Q3Cumulative operating and ordinary profitability, parent-company net loss narrowedAnnual report
「As a result of these initiatives, net sales were ¥11,163.154 million, up 30.8% year on year; operating income was ¥39.607 million, compared with an operating loss of ¥223.558 million in the same period of the previous year; and ordinary income was ¥89.267 million, compared with an ordinary loss of ¥240.176 million. In addition, due to higher tax expenses, quarterly net loss attributable to owners of the parent was ¥106.512 million, compared with a loss of ¥213.627 million. Results were generally in line with expectations.」
For the nine months ended in the third quarter, operating and ordinary income turned positive from losses in the same period of the previous year, while the quarterly net loss attributable to owners of the parent narrowed. - FY2023-Q2Losses narrowed for the six months ended in the second quarterAnnual report
「As a result, net sales were ¥7,386.286 million, up 34.5% year on year; operating loss was ¥43.427 million, compared with a loss of ¥204.712 million in the same period of the previous year; ordinary loss was ¥73.431 million, compared with a loss of ¥221.484 million; and quarterly net loss attributable to owners of the parent was ¥134.096 million, compared with a loss of ¥177.464 million.」
Net sales increased 34.5% year on year, while operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the same period of the previous year. - FY2023-Q1Losses narrowed in the first quarterAnnual report
「As a result of these initiatives, net sales were ¥3,671.196 million, up 40.8% year on year; operating loss was ¥57.593 million, compared with a loss of ¥165.578 million in the same period of the previous year; ordinary loss was ¥70.662 million, compared with a loss of ¥161.251 million; and quarterly net loss attributable to owners of the parent was ¥101.950 million, compared with a loss of ¥121.776 million. Results were generally in line with expectations.」
Net sales increased 40.8% year on year, while operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the same period of the previous year. - FY2022Expansion of the full-year lossAnnual report
「As a result of these initiatives, net sales for the consolidated fiscal year were ¥11,986.761 million, up 10.2% year on year; operating loss was ¥319.357 million, compared with operating income of ¥54.273 million in the previous fiscal year; ordinary loss was ¥328.082 million, compared with ordinary income of ¥32.688 million; and net loss attributable to owners of the parent was ¥404.185 million, compared with a loss of ¥40.118 million.」
Although net sales increased 10.2%, operating and ordinary income turned from positive to negative, and the net loss attributable to owners of the parent also widened from the previous fiscal year. - FY2022-Q3Losses widened for the nine months ended in the third quarterAnnual report
「As a result, net sales were ¥8,532.842 million, up 5.1% year on year; operating loss was ¥223.558 million, compared with operating income of ¥98.762 million in the same period of the previous year; ordinary loss was ¥240.176 million, compared with ordinary income of ¥71.643 million; and quarterly net loss attributable to owners of the parent was ¥213.627 million, compared with a loss of ¥4.592 million.」
Although net sales increased 5.1% year on year, operating loss was ¥223.558 million, ordinary loss was ¥240.176 million and quarterly net loss attributable to owners of the parent was ¥213.627 million, with losses widening from the six months ended in the second quarter. - FY2022-Q2Operating, ordinary and net losses for the six months ended in the second quarterAnnual report
「As a result, net sales were ¥5,492.960 million, down 2.4% year on year; operating loss was ¥204.712 million, compared with operating income of ¥206.441 million in the same period of the previous year; ordinary loss was ¥221.484 million, compared with ordinary income of ¥195.000 million; and quarterly net loss attributable to owners of the parent was ¥177.464 million, compared with net income of ¥93.387 million.」
For the six months ended in the second quarter, net sales declined 2.4% year on year, and operating, ordinary and quarterly net income attributable to owners of the parent all turned from positive in the same period of the previous year to negative. - FY2022-Q1Operating, ordinary and net losses in the first quarterAnnual report
「As a result of focusing primarily on building an operating structure to generate medium-term revenue in the reuse business, net sales were ¥2,607.325 million, down 9.2% year on year; operating loss was ¥165.578 million, compared with operating income of ¥163.973 million in the same period of the previous year; ordinary loss was ¥161.251 million, compared with ordinary income of ¥160.110 million; and quarterly net loss attributable to owners of the parent was ¥121.776 million, compared with net income of ¥84.236 million.」
As a result of investments and the development of an operating structure aimed at generating medium-term revenue, net sales declined 9.2% year on year, and operating, ordinary and quarterly net income attributable to owners of the parent all turned from positive in the same period of the previous year to negative. - FY2021Earnings plunged and the company posted a net loss for the full yearAnnual report
「As a result, net sales for the consolidated fiscal year were ¥10,875.993 million, down 0.3% year on year; operating income was ¥54.273 million, down 91.7%; ordinary income was ¥32.688 million, down 95.1%; and net loss attributable to owners of the parent was ¥40.118 million, compared with net income of ¥291.689 million in the previous fiscal year.」
Net sales were almost flat, while operating and ordinary income declined substantially and the company reported a net loss attributable to owners of the parent. - FY2021-Q3Sales increased, earnings plunged and the company posted a net lossAnnual report
「As a result, net sales for the cumulative third quarter of the consolidated fiscal year were ¥8,119.435 million, up 3.0% year on year; operating income was ¥98.762 million, down 77.7%; ordinary income was ¥71.643 million, down 83.8%; and the quarterly net loss attributable to owners of the parent was ¥4.592 million, compared with net income of ¥246.636 million in the same period of the previous year.」
For the nine months ended in the third quarter, net sales increased 3.0% year on year, while operating and ordinary income declined substantially, and the company reported a quarterly net loss attributable to owners of the parent. - FY2021-Q2Sales growth and earnings decline continuedAnnual report
「Net sales were ¥5,628.480 million, up 8.7% year on year; operating income was ¥206.441 million, down 33.2%; ordinary income was ¥195.000 million, down 36.7% against the backdrop of a foreign-exchange loss recorded as the yen appreciated; and quarterly net income attributable to owners of the parent was ¥93.387 million, down 44.3%.」
For the six months ended in the second quarter, net sales increased, while operating income, ordinary income and quarterly net income attributable to owners of the parent were all below the levels recorded in the same period of the previous year. - FY2021-Q1Higher Revenue, Lower ProfitAnnual report
「Net sales were ¥2,870.143 million, up 10.5% year on year; operating income was ¥163.973 million, down 4.2%; ordinary income was ¥160.110 million, down 6.2% against the backdrop of a foreign-exchange loss recorded as the yen appreciated; and quarterly net income attributable to owners of the parent was ¥84.236 million, down 9.4%.」
In FY2021-Q1, net sales increased 10.5% year on year, while operating income, ordinary income and quarterly net income attributable to owners of the parent were all below the levels recorded in the same period of the previous year. - FY2020Substantial earnings growth continued for the full yearAnnual report
「As a result, net sales for the consolidated fiscal year were ¥10,904.257 million, up 28.7% year on year; operating income was ¥655.813 million, up 45.0%; ordinary income was ¥664.176 million, up 45.9%; and net income attributable to owners of the parent was ¥291.689 million, up 43.1%.」
For the full year, net sales were ¥10,904.257 million, operating income was ¥655.813 million, ordinary income was ¥664.176 million and net income attributable to owners of the parent was ¥291.689 million, with substantial earnings growth continuing. - FY2020-Q3Earnings increased substantially for the nine months ended in the third quarterAnnual report
「As a result, net sales for the cumulative third quarter of the consolidated fiscal year were ¥7,885.605 million, up 31.4% year on year; operating income was ¥443.187 million, up 55.2%; ordinary income was ¥443.585 million, up 56.3%; and quarterly net income attributable to owners of the parent was ¥246.636 million, up 81.9%.」
For the nine months ended in the third quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the levels recorded in the same period of the previous year, with earnings increasing substantially. - FY2020-Q2Earnings increased substantially for the six months ended in the second quarterAnnual report
「As a result, during the six-month period ended the second quarter, net sales were ¥5,179.239 million, up 35.1% year on year; operating profit was ¥309.012 million, up 105.1%; ordinary profit was ¥308.285 million, up 106.1%; and profit attributable to owners of the parent was ¥167.557 million, up 151.4%. Results continued to grow despite ongoing upfront investments to generate future earnings, including creating synergies among businesses and recruiting highly skilled personnel.」
For the six months ended in the second quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the levels recorded in the same period of the previous year, and earnings continued to increase substantially. - FY2020-Q1Earnings increased substantially in the first quarterAnnual report
「As a result, net sales for the cumulative first quarter of the consolidated fiscal year were ¥2,598.495 million, up 50.1% year on year. Operating income was ¥171.214 million, up 683.9%; ordinary income was ¥170.718 million, up 699.4%; and quarterly net income attributable to owners of the parent was ¥92.984 million, compared with a net loss of ¥1.045 million in the same period of the previous year.」
For the cumulative first quarter, net sales increased 50.1% year on year, while operating income was ¥171.214 million, ordinary income was ¥170.718 million and quarterly net income attributable to owners of the parent was ¥92.984 million, representing substantial earnings growth from the same period of the previous year. - FY2019Earnings increased substantially for the full yearAnnual report
「As a result, net sales for the consolidated fiscal year were ¥8,472.508 million, up 33.8% year on year; operating income was ¥452.153 million, up 368.6%; ordinary income was ¥455.382 million, up 379.4%; and net income attributable to owners of the parent was ¥203.809 million, up 538.0%. Earnings increased substantially despite investments aimed at generating future revenue, including investments related to business succession.」
Following earnings growth for the nine months ended in the third quarter, the company recorded full-year operating income of ¥452.153 million, ordinary income of ¥455.382 million and net income attributable to owners of the parent of ¥203.809 million. - FY2019-Q3Earnings increased substantially for the nine months ended in the third quarterAnnual report
「As a result, net sales for the cumulative third quarter of the consolidated fiscal year were ¥5,999.935 million, up 34.7% year on year. Operating income was ¥285.634 million, compared with income of ¥26.872 million in the same period of the previous year; ordinary income was ¥283.736 million, compared with income of ¥15.880 million; and quarterly net income attributable to owners of the parent was ¥135.581 million, compared with a net loss of ¥4.697 million. Earnings increased substantially despite investments aimed at generating future revenue, including investments related to business succession.」
For the nine months ended in the third quarter, the company recorded operating income of ¥285.634 million, ordinary income of ¥283.736 million and quarterly net income attributable to owners of the parent of ¥135.581 million, representing substantial earnings growth from the same period of the previous year. - FY2019-Q2Operating, ordinary and net income all turned positive for the six months ended in the second quarterAnnual report
「As a result, net sales for the cumulative second quarter of the consolidated fiscal year were ¥3,832.268 million, up 31.5% year on year. Operating income was ¥150.655 million, compared with income of ¥5.193 million in the same period of the previous year; ordinary income was ¥149.606 million, compared with an ordinary loss of ¥3.676 million; and quarterly net income attributable to owners of the parent was ¥66.659 million, compared with a net loss of ¥6.095 million. Earnings increased substantially, particularly at the profit level.」
From a position of ordinary and quarterly net losses attributable to owners of the parent in the same period of the previous year, the company recorded operating income of ¥150.655 million, ordinary income of ¥149.606 million and quarterly net income attributable to owners of the parent of ¥66.659 million for the cumulative second quarter, turning positive at every level. - FY2019-Q1Operating and ordinary income remained positive; net loss attributable to owners of the parent narrowedAnnual report
「As a result, net sales for the cumulative first quarter of the consolidated fiscal year were ¥1,731.408 million, up 25.5% year on year. Operating income was ¥21.841 million, compared with income of ¥1.697 million in the same period of the previous year; ordinary income was ¥21.355 million, compared with an ordinary loss of ¥8.187 million; and the quarterly net loss attributable to owners of the parent was ¥1.045 million, compared with a loss of ¥7.176 million.」
Net sales increased 25.5% year on year, while operating and ordinary income remained positive. The quarterly net loss attributable to owners of the parent narrowed to ¥1.045 million, but the net loss at the bottom line remained. - FY2018Operating, ordinary and net income all turned positive for the full yearAnnual report
「As a result, consolidated net sales remained firm during the fiscal year, reaching ¥6,333.217 million, up 12.5% year on year. Operating income was ¥96.489 million, compared with an operating loss of ¥7.418 million in the previous fiscal year; ordinary income was ¥94.999 million, compared with income of ¥4.202 million; and net income attributable to owners of the parent was ¥31.944 million, compared with a net loss of ¥19.276 million.」
Net sales increased 12.5% year on year. Operating income was ¥96.489 million, ordinary income was ¥94.999 million and net income attributable to owners of the parent was ¥31.944 million, all turning positive for the full year. - FY2018-Q3Operating and ordinary income turned positive; net loss attributable to owners of the parent continuedAnnual report
「In terms of earnings, gross profit margin temporarily declined in the second quarter due to the disposal of long-outstanding inventory. As a result, operating income was ¥26.872 million, compared with an operating loss of ¥57.579 million in the same period of the previous year. In addition, because ¥10.149 million in non-operating expenses related to the issuance of stock acquisition rights was recorded in the first quarter, ordinary income was ¥15.880 million, compared with an ordinary loss of ¥56.303 million. Consequently, the quarterly net loss attributable to owners of the parent was ¥4.697 million, compared with a loss of ¥48.507 million in the same period of the previous year.」
Operating and ordinary income turned positive from losses in the same period of the previous year, reaching ¥26.872 million and ¥15.880 million, respectively. However, the quarterly net loss attributable to owners of the parent was ¥4.697 million, and the net loss at the bottom line continued. - FY2018-Q2Return to operating profitability and narrowing ordinary lossAnnual report
「As a result, revenue during the second quarter of the current consolidated cumulative period increased 12.3% year on year to ¥2,914,381 thousand. On the profit front, the gross profit margin temporarily declined due to the disposal of long-outstanding inventory, resulting in operating profit of ¥5,193 thousand, compared with a loss of ¥71,848 thousand in the same period of the previous year. Because non-operating expenses related to the issuance of stock acquisition rights were recorded in the first quarter, the ordinary loss was ¥3,676 thousand, compared with a loss of ¥67,753 thousand in the same period, and the quarterly net loss attributable to owners of the parent was ¥6,095 thousand, compared with a loss of ¥54,184 thousand.」
Operating income turned positive from an operating loss in the same period of the previous year, while the ordinary loss narrowed from ¥67.753 million to ¥3.676 million. However, the quarterly net loss attributable to owners of the parent continued. - FY2018-Q1Return to operating profitability while ordinary loss continuesAnnual report
「The investments and initiatives implemented in the previous fiscal year, including the Tokushima Contact Center, which began full-scale operations at the start of the previous fiscal year, gradually began to produce results, and profitability showed signs of improvement. As a result, revenue during the first quarter of the current consolidated cumulative period was ¥1,380,098 thousand, operating profit was ¥1,697 thousand, ordinary loss was ¥8,187 thousand, and quarterly net loss attributable to owners of the parent was ¥7,176 thousand.」
Investments and initiatives from the previous fiscal year began to produce results, resulting in operating profit of ¥1,697 thousand. However, the company posted an ordinary loss of ¥8,187 thousand and a quarterly net loss attributable to owners of the parent of ¥7,176 thousand, so losses continued at the ordinary profit level and below. - FY2017Narrowing full-year loss and return to ordinary profitabilityAnnual report
「Revenue was ¥5,630,708 thousand. On the profit front, the gross profit margin was 43.3% because inventory held at the end of the period was written down. In addition, selling, general and administrative expenses increased due to upfront investment in anticipation of medium- to long-term business expansion, resulting in an operating loss of ¥7,418 thousand. Ordinary profit was ¥4,202 thousand, due to subsidy income and other items associated with the opening of the new Tokushima Contact Center, but net loss attributable to owners of the parent was ¥19,276 thousand.」
The operating loss that had continued on a cumulative quarterly basis narrowed to ¥7,418 thousand for the full year, while ordinary profit was ¥4,202 thousand. However, net loss attributable to owners of the parent was ¥19,276 thousand. - FY2017-Q3RestatedAnnual report
「As a result, revenue remained solid at ¥4,088,637 thousand during the third quarter of the current consolidated cumulative period. However, due to higher selling, general and administrative expenses, the company posted an operating loss of ¥57,579 thousand, an ordinary loss of ¥56,303 thousand, and a quarterly net loss attributable to owners of the parent of ¥48,507 thousand.」
The company reaffirmed that, although revenue remained solid in the cumulative third quarter, higher selling, general and administrative expenses resulted in operating, ordinary, and quarterly net losses attributable to owners of the parent. - FY2017-Q2RestatedAnnual report
「As a result, revenue remained solid at ¥2,595,251 thousand during the second quarter of the current consolidated cumulative period. However, due to higher selling, general and administrative expenses, the company posted an operating loss of ¥71,848 thousand, an ordinary loss of ¥67,753 thousand, and a quarterly net loss attributable to owners of the parent of ¥54,184 thousand.」
While revenue remained solid, higher selling, general and administrative expenses resulted in operating, ordinary, and quarterly net losses attributable to owners of the parent, reaffirming the earnings burden from upfront investment. - FY2017-Q1First statedAnnual report
「As a result, revenue remained solid at ¥1,205,228 thousand, up 14.1% year on year, while selling, general and administrative expenses increased 21.3% year on year to ¥609,830 thousand. On the profit front, the company posted an operating loss of ¥71,010 thousand, compared with operating profit of ¥7,959 thousand in the same period of the previous year, an ordinary loss of ¥70,845 thousand, compared with ordinary profit of ¥7,488 thousand, and a quarterly net loss of ¥51,390 thousand, compared with quarterly net profit of ¥3,534 thousand.」
Revenue increased 14.1% year on year, while selling, general and administrative expenses increased 21.3%, resulting in operating, ordinary, and net losses.