Profit improvement through engineering projects despite declining revenue
First written in FY2016. 7 of 38 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-07-31.
Yashima Denki moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 24 of 107 companies on the "Worse" side.
13 other companies' latest entry also says "Cited as achieved".
- 2026-07-31Cited as achievedEarnings
「Net sales increased 27.9% year on year to ¥17.136 billion, while operating income increased 87.0% to ¥1.307 billion, ordinary income increased 85.1% to ¥1.353 billion, and net income attributable to owners of the parent increased 88.4% to ¥906 million, resulting in substantial increases in both sales and profits.」
The company reported substantial increases in sales and each level of profit for the first quarter. - FY2026Fourth consecutive year of record-high profit since listingAnnual report
「During the consolidated fiscal year, air-conditioning equipment construction and air-conditioning equipment sales in the Public and Facilities business performed well. Net sales rose to ¥74,569 million, up 12.9% year on year, operating income to ¥7,289 million, up 38.8%, ordinary income to ¥7,437 million, up 38.4%, and net income attributable to owners of the parent to ¥5,145 million, up 28.3%. The Company achieved higher sales and profits and set a new record for highest profit since listing for the fourth consecutive year.」
FY2026 saw higher sales and profits, with net sales of ¥74,569 million and ordinary income of ¥7,437 million, among other results. Record-high profit since listing was renewed for the fourth consecutive year. - 2026-05-15Cited as achievedEarnings
「Net sales increased 12.9% year on year to ¥74.569 billion, operating income increased 38.8% to ¥7.289 billion, ordinary income increased 38.4% to ¥7.437 billion, and net income attributable to owners of the parent increased 28.3% to ¥5.145 billion. We achieved higher sales and profits and set a record high profit for the fourth consecutive year since listing.」
The company reported higher sales and profits for the fiscal year ended March 2026 and a record high profit since listing. - FY2026-H1Sharp growth in revenue and operating profit for the interim periodAnnual report
「During the interim consolidated accounting period, net sales rose substantially to ¥28,715 million, up 22.6% year on year, operating income to ¥1,858 million, up 189.7%, ordinary income to ¥1,922 million, up 175.8%, and interim net income attributable to owners of the parent to ¥1,213 million, up 141.3%.」
In the interim period, net sales, operating income, ordinary income and interim net income attributable to owners of the parent all increased substantially from the same period of the previous year. By segment, the Plant and Public and Facilities businesses recorded higher sales and profits, while the Transportation business posted higher sales but lower profit. - FY2025Record profit since listing renewed for the third consecutive yearAnnual report
「Revenue increased 1.9% year on year to ¥66,075 million, while operating profit increased 34.9% to ¥5,253 million, ordinary profit increased 33.7% to ¥5,373 million, and net profit attributable to owners of the parent increased 51.0% to ¥4,011 million. Revenue and profits increased, and record profit since listing was renewed for the third consecutive year.」
For the fiscal year ending March 2025, revenue and profits increased, with operating profit, ordinary profit and net profit attributable to owners of the parent renewing record highs since listing for the third consecutive year. - FY2025-H1Lower revenue and profits in the first half; higher revenue and profits expected for the full yearAnnual report
「For the six months ended Q2, revenue was ¥23,416 million, down 9.6% year on year; operating profit was ¥641 million, down 30.5%; ordinary profit was ¥697 million, down 28.8%; and interim net profit attributable to owners of the parent was ¥502 million, down 19.4%, resulting in lower revenue and lower profits. However, as disclosed on 18 September 2024, construction projects and other work in each business are progressing well toward the fiscal year-end, and the company expects higher revenue and profits for the fiscal year.」
Revenue and profits declined in the first half, while construction projects and other work toward the fiscal year-end progressed well, and the company expects higher revenue and profits for the full year. - FY2024New record profit since listingAnnual report
「Revenue was ¥64,862 million, up 7.6% year on year; operating profit was ¥3,894 million, up 39.3%; ordinary profit was ¥4,019 million, up 37.2%; and net profit attributable to owners of the parent was ¥2,657 million, up 38.7%. Profit at every level increased substantially, reaching record highs since listing in June 2009.」
For FY2024, revenue increased, and operating profit, ordinary profit and net profit attributable to owners of the parent all increased substantially, setting new record highs since listing. - FY2024-Q3Higher revenue and profits; substantial improvement in profitabilityAnnual report
「For the nine months ended Q3, performance remained strong, particularly in the plant business. Revenue was ¥37,669 million, up 13.2% year on year; operating profit was ¥1,250 million, compared with an operating loss of ¥15 million in the same period of the previous year; ordinary profit was ¥1,336 million, compared with ordinary profit of ¥96 million; and quarterly net profit attributable to owners of the parent was ¥885 million, compared with a net loss of ¥60 million. Revenue and profit at every level increased substantially.」
For the nine months ended Q3, revenue increased 13.2%, and profit at every level improved substantially, with operating profit and net profit turning from losses in the same period of the previous year into profits. - FY2024-Q2Higher revenue and profit, with a return to profitabilityAnnual report
「Revenue was ¥25,891 million, up 24.5% year on year; operating profit was ¥923 million, compared with an operating loss of ¥571 million in the same period of the previous year; ordinary profit was ¥978 million, compared with an ordinary loss of ¥519 million; and quarterly net profit attributable to owners of the parent was ¥623 million, compared with a net loss of ¥405 million. Revenue and profit at every level increased substantially.」
For the six months ended Q2, revenue increased from the declines in revenue and the operating, ordinary and quarterly net losses recorded in the same period of the previous year, and profit at every level turned positive. - FY2024-Q1Revenue growth and return to profitabilityAnnual report
「Revenue was ¥11,439 million, up 28.5% year on year; operating profit was ¥271 million, compared with an operating loss of ¥385 million in the same period of the previous year; ordinary profit was ¥299 million, compared with an ordinary loss of ¥356 million; and quarterly net profit attributable to owners of the parent was ¥194 million, compared with a net loss of ¥245 million. Revenue and profit at every level increased substantially.」
Revenue increased in Q1 from the declines in revenue and the operating, ordinary and net losses recorded in the same period of the previous year, and profit at every level turned positive. - FY2023Record full-year profit; higher profitsAnnual report
「Revenue edged up 0.4% year on year to ¥60,270 million. However, by focusing on high-value-added engineering projects, including the renewal of aging facilities and facility maintenance and repair projects, mainly in the plant business, operating profit increased 31.6% to ¥2,794 million; ordinary profit increased 30.1% to ¥2,929 million; and net profit attributable to owners of the parent increased 25.5% to ¥1,916 million. Profit at every level increased substantially, reaching record highs since listing in June 2009.」
Although profits declined and losses were recorded from Q1 through Q3, full-year profits increased substantially, with operating profit, ordinary profit and net profit attributable to owners of the parent reaching record highs since listing. - FY2023-Q3WorsenedAnnual report
「For the nine months ended Q3, revenue was ¥33,290 million, down 6.7% year on year; operating loss was ¥15 million, compared with operating profit of ¥87 million in the same period of the previous year; ordinary profit was ¥96 million, down 49.4%; and quarterly net loss attributable to owners of the parent was ¥60 million, compared with net profit of ¥114 million.」
Revenue declined year on year, while operating profit and quarterly net profit attributable to owners of the parent turned from profits into losses, and ordinary profit also fell 49.4%. - FY2023-Q2WorsenedAnnual report
「For the six months ended Q2, revenue was ¥20,797 million, down 15.1% year on year; operating loss was ¥571 million, compared with a loss of ¥48 million in the same period of the previous year; ordinary loss was ¥519 million, compared with ordinary profit of ¥23 million; and quarterly net loss attributable to owners of the parent was ¥405 million, compared with net profit of ¥9 million.」
The decline in revenue widened year on year, and the operating loss also widened. Ordinary profit and quarterly net profit attributable to owners of the parent turned from profits in the same period of the previous year into losses. - FY2023-Q1Lower revenue; operating results and other measures turned into lossesAnnual report
「Because revenue and profit are particularly concentrated in Q4 compared with an ordinary year, revenue for the three months ended Q1 was ¥8,902 million, down 25.8% year on year; operating loss was ¥385 million, compared with operating profit of ¥42 million in the same period of the previous year; ordinary loss was ¥356 million, compared with ordinary profit of ¥85 million; and quarterly net loss attributable to owners of the parent was ¥245 million, compared with net profit of ¥79 million.」
In Q1, revenue fell 25.8% year on year, and operating profit, ordinary profit and quarterly net profit attributable to owners of the parent turned from profits into losses. - FY2022Revenue Growth and Profit DeclineAnnual report
「Revenue was ¥60,038 million, up 1.4% year on year; operating profit was ¥2,123 million, down 2.2%; ordinary profit was ¥2,251 million, down 2.7%; and net profit attributable to owners of the parent was ¥1,527 million, down 2.8%, resulting in performance broadly in line with the previous year.」
For FY2022, revenue increased, while operating profit, ordinary profit and net profit attributable to owners of the parent all declined. - FY2022-Q3Lower revenue and profitAnnual report
「For the nine months ended Q3, the extension of construction periods and other factors related to COVID-19 resulted in revenue of ¥35,693 million, down 1.8% year on year; operating profit of ¥87 million, down 58.1%; ordinary profit of ¥190 million, down 39.8%; and quarterly net profit attributable to owners of the parent of ¥114 million, down 44.6%.」
For the nine months ended Q3, revenue, operating profit, ordinary profit and profit attributable to owners of the parent declined year on year, against the backdrop of extended construction periods and other factors related to COVID-19. - FY2022-Q2Higher revenue; wider operating loss; lower ordinary profitAnnual report
「For the six months ended Q2, revenue was ¥24,507 million, up 1.7% year on year; operating loss was ¥48 million, compared with a loss of ¥19 million in the same period of the previous year; ordinary profit was ¥23 million, down 49.2%; and quarterly net profit attributable to owners of the parent was ¥9 million, up 106.0%. In absolute terms, performance was broadly in line with the same period of the previous year.」
While revenue increased year on year, the operating loss widened and ordinary profit declined. Quarterly net profit attributable to owners of the parent increased year on year. - FY2022-Q1Higher revenue and profitsAnnual report
「For the three months ended Q1, special air-conditioning construction projects in the industrial and transportation businesses progressed smoothly. Revenue was ¥11,992 million, up 8.2% year on year; operating profit was ¥42 million, up 95.5%; ordinary profit was ¥85 million, up 44.8%; and quarterly net profit attributable to owners of the parent was ¥79 million, up 86.3%.」
Revenue increased year on year, as did operating profit, ordinary profit and quarterly net profit attributable to owners of the parent. Special air-conditioning construction projects in the industrial and transportation businesses contributed. - FY2021Lower revenue and profits; net profit increasedAnnual report
「As a result, revenue for the fiscal year was ¥59,194 million, down 15.7% year on year; operating profit was ¥2,172 million, down 13.4%; and ordinary profit was ¥2,314 million, down 12.9%. However, net profit attributable to owners of the parent was ¥1,571 million, up 12.7%, because the ¥444 million extraordinary loss recognized in the previous fiscal year did not arise in the current fiscal year.」
For FY2021, revenue, operating profit and ordinary profit declined, while net profit attributable to owners of the parent increased because the extraordinary loss recognized in the previous fiscal year did not arise. - FY2021-Q3Lower revenue and profits; operating profit declined; net profit increasedAnnual report
「This fiscal year, the Group has in particular seen revenue and profit concentrated in Q4. In addition, the downturn in the industrial machinery and transportation industries due to COVID-19 and other factors, and the effects of transferring all shares in 八洲電子ソリューションズ株式会社 and excluding it from the scope of consolidation, resulted in revenue of ¥36,361 million, down 18.7% year on year; operating profit of ¥209 million, down 63.9%; and ordinary profit of ¥316 million, down 54.0%. However, quarterly net profit attributable to owners of the parent was ¥207 million, up 116.2%, because the ¥450 million extraordinary loss recognized in the nine months ended Q3 of the previous fiscal year did not arise in the current period.」
For the nine months ended Q3, revenue, operating profit and ordinary profit declined year on year, while quarterly net profit attributable to owners of the parent increased because the extraordinary loss recognized in the same period of the previous year did not arise. - FY2021-Q2Lower revenue; operating loss; substantial decline in profitsAnnual report
「In the first half, in addition to the Group's tendency for revenue and profit to be concentrated in Q4, the downturn in the industrial machinery and transportation industries due to COVID-19 and other factors, as well as the effects of transferring all shares in 八洲電子ソリューションズ株式会社 and excluding it from the scope of consolidation, resulted in revenue of ¥24,107 million, down 19.4% year on year; an operating loss of ¥19 million, compared with operating profit of ¥122 million in the same period of the previous year; ordinary profit of ¥45 million, down 75.8%; and quarterly net profit attributable to owners of the parent of ¥4 million, down 94.9%.」
For the six months ended Q2, revenue fell 19.4% year on year and operating results turned into a loss, while ordinary profit and profit attributable to owners of the parent also declined substantially. The impact of COVID-19 and the exclusion of 八洲電子ソリューションズ株式会社 from the scope of consolidation are both cited. - FY2021-Q1Lower revenue and profitAnnual report
「For the three months ended Q1, revenue was ¥11,080 million, down 18.1% year on year; operating profit was ¥21 million, down 86.7%; ordinary profit was ¥58 million, down 71.3%; and quarterly net profit attributable to owners of the parent was ¥42 million, down 64.0%, due mainly to delays in construction progress caused by COVID-19 and the effects of transferring all shares in 八洲電子ソリューションズ株式会社 and excluding it from the scope of consolidation.」
Revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent declined year on year due mainly to delays in construction progress caused by COVID-19 and the exclusion of 八洲電子ソリューションズ㈱ from the scope of consolidation. - FY2020Record operating and ordinary profits since listing; net profit declinedAnnual report
「As a result, revenue for the fiscal year was ¥70,190 million, up 0.5% year on year; operating profit was ¥2,509 million, up 6.9%; and ordinary profit was ¥2,658 million, up 5.3%. Operating profit and ordinary profit were record highs since listing in June 2009. Net profit attributable to owners of the parent was ¥1,394 million, down 24.1%, due to the recognition of ¥444 million in extraordinary losses accompanying the transfer of shares in 八洲電子ソリューションズ㈱.」
Revenue edged up, and operating profit and ordinary profit reached record highs since listing, while net profit attributable to owners of the parent declined due to extraordinary losses accompanying the transfer of shares. - FY2020-Q3Higher revenue but lower operating and ordinary profits; substantial decline in net profitAnnual report
「For the nine months ended Q3, revenue was ¥44,729 million, up 4.4% year on year, but operating profit was ¥580 million, down 2.8%, and ordinary profit was ¥687 million, down 7.0%, because agency fees on orders received declined from the previous fiscal year. Quarterly net profit attributable to owners of the parent was ¥95 million, down 84.2%, due to the recognition of ¥450 million in extraordinary losses for the estimated loss on the sale of shares accompanying the transfer of shares in 八洲電子ソリューションズ㈱.」
While revenue increased year on year, operating profit and ordinary profit declined due to lower agency fees on orders received, and quarterly net profit attributable to owners of the parent fell substantially due to the recognition of the estimated loss on the sale of shares. - FY2020-Q2Higher revenue and return to operating profitability; substantial increase in ordinary profit; net profit declinedAnnual report
「As a result, revenue for the six months ended Q2 was ¥29,923 million, up 7.1% year on year, while operating profit was ¥122 million, compared with an operating loss of ¥33 million in the same period of the previous year. Ordinary profit increased substantially to ¥188 million, up 244.6%, due to an increase in high-value-added projects that capitalized on 八洲's proprietary engineering capabilities. Net profit attributable to owners of the parent was ¥88 million, down 50.8%, because the previous fiscal year included extraordinary income of ¥255 million from the gain on the sale of fixed assets.」
Revenue increased year on year, operating results turned from a loss to a profit, and ordinary profit increased substantially, while quarterly net profit attributable to owners of the parent declined because of the反動 from the gain on the sale of fixed assets in the previous year. - FY2020-Q1Higher operating and ordinary profits despite lower revenue; net profit declinedAnnual report
「As a result, revenue for the three months ended Q1 was ¥13,528 million, down 1.2% year on year, while the increase in high-value-added projects led to substantial increases in operating profit, to ¥164 million, up 51.2%, and ordinary profit, to ¥205 million, up 21.3%. Net profit attributable to owners of the parent was ¥118 million, down 56.0%, because the previous fiscal year included a ¥255 million gain on the sale of fixed assets as extraordinary income.」
While revenue fell 1.2% year on year, operating profit and ordinary profit increased due to an increase in high-value-added projects. Net profit attributable to owners of the parent declined because of the反動 from the gain on the sale of fixed assets in the previous year. - FY2019Record-high profit since listing despite lower revenueAnnual report
「As a result, strong performance driven by an increase in high-value-added engineering projects led to operating profit of ¥2,347 million, up 17.2% year on year; ordinary profit of ¥2,523 million, up 16.2%; and net profit attributable to owners of the parent of ¥1,836 million, up 16.5%. Operating profit, ordinary profit and net profit attributable to owners of the parent were all record highs since the listing in June 2009. Revenue was ¥69,828 million, down 5.0% year on year, due mainly to the postponement to the following fiscal year, ending March 2020, of large projects in the steel and nonferrous metals fields of the plant business.」
While revenue fell 5.0% year on year, operating profit, ordinary profit and net profit attributable to owners of the parent were all record highs since listing. - FY2019-Q3Significant profit growth despite lower revenueAnnual report
「For the nine months ended Q3, revenue was ¥42,857 million, down 5.9% year on year, while operating profit was ¥596 million, up 67.1%; ordinary profit was ¥739 million, up 48.7%; and quarterly net profit attributable to owners of the parent was ¥605 million, up 67.4%, resulting in substantially higher profits.」
While revenue fell 5.9% year on year, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased substantially. - FY2019-Q2WorsenedAnnual report
「For the six months ended Q2, revenue was ¥27,938 million, down 7.6% year on year; operating loss was ¥33 million, compared with operating profit of ¥161 million in the same period of the previous year; ordinary profit was ¥54 million, down 77.9%; and quarterly net profit attributable to owners of the parent was ¥180 million, down 12.8%, resulting in lower revenue and lower profits.」
For the six months ended Q2, revenue and profits declined year on year; operating profit turned into a loss from a profit in the same period of the previous year, while ordinary profit fell 77.9%. - FY2019-Q1WorsenedAnnual report
「As revenue is concentrated in Q4 this fiscal year, revenue for the three months ended Q1 was ¥13,693 million, down 10.2% year on year; operating profit was ¥108 million, down 51.7%; ordinary profit was ¥169 million, down 38.6%; and, because the previous fiscal year included a gain on the sale of fixed assets, quarterly net profit attributable to owners of the parent was ¥270 million, down 56.3%, resulting in lower revenue and lower profits.」
Against the backdrop of revenue concentration in Q4, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all declined year on year in Q1, resulting in lower revenue and lower profits. - FY2018Operating, ordinary and net income increased despite lower net salesAnnual report
「As a result, revenue for the fiscal year was ¥73,523 million, down 2.8% year on year. However, as the company pursued high-value-added projects by strengthening its engineering capabilities, operating profit was ¥2,002 million, up 28.8% year on year; ordinary profit was ¥2,171 million, up 28.7%; and net profit attributable to owners of the parent was ¥1,575 million, up 56.4%.」
While revenue fell 2.8% year on year, operating profit, ordinary profit and net profit attributable to owners of the parent all increased. - FY2018-Q3Secured operating and ordinary profits despite lower revenueAnnual report
「As a result, revenue for the nine months ended Q3 was ¥45,545 million, down 5.9% year on year, but operating profit improved substantially to ¥357 million, compared with an operating loss of ¥377 million in the same period of the previous year, and ordinary profit to ¥497 million, compared with an ordinary loss of ¥266 million.」
From operating and ordinary losses in the same period of the previous year, the company secured positive operating and ordinary profits despite lower revenue, with the improvement widening. - FY2018-Q2Operating and ordinary profits remain positiveAnnual report
「Operating profit was ¥161 million, compared with an operating loss of ¥421 million in the same period of the previous year, while ordinary profit was ¥247 million, compared with an ordinary loss of ¥365 million.」
While revenue fell 2.0% year on year, operating profit and ordinary profit continued to remain positive after turning around from losses in the same period of the previous year. - FY2018-Q1Revenue growth and return to operating profitabilityAnnual report
「As a result, revenue for the three months ended Q1 was ¥15,244 million, up 7.9% year on year; operating profit was ¥225 million, compared with an operating loss of ¥339 million in the same period of the previous year; and ordinary profit was ¥275 million, compared with an ordinary loss of ¥303 million.」
Revenue increased this quarter from the decline in the same period of the previous year, while operating profit and ordinary profit also turned positive. - FY2017-Q3WorsenedAnnual report
「As revenue for the Group is particularly concentrated in Q4 this fiscal year, revenue for the nine months ended Q3 was ¥48,378 million, down 8.5% year on year; operating loss was ¥377 million, compared with operating profit of ¥307 million in the same period of the previous year; ordinary loss was ¥266 million, compared with ordinary profit of ¥403 million; and net loss attributable to owners of the parent was ¥317 million, compared with net profit of ¥804 million. However, orders received and order backlog, which are important management indicators for the Group, are progressing as planned, and therefore the full-year earnings forecast for the fiscal year ending March 2017 remains unchanged.」
For the nine months ended Q3, revenue also declined year on year, while operating profit, ordinary profit and profit attributable to owners of the parent all turned into losses. Orders received and order backlog were in line with the plan, and the full-year earnings forecast remains unchanged. - FY2017-Q2WorsenedAnnual report
「Accordingly, for the six months ended Q2, revenue was ¥30,856 million, down 13.3% year on year; operating loss was ¥421 million, compared with operating profit of ¥184 million in the same period of the previous year; ordinary loss was ¥365 million, compared with ordinary profit of ¥241 million; and net loss attributable to owners of the parent was ¥317 million, compared with net profit of ¥82 million.」
For the six months ended Q2, revenue fell 13.3% year on year, while operating profit, ordinary profit and profit attributable to owners of the parent all turned into losses. The company also indicated that revenue is expected to be concentrated in Q4. - FY2017-Q1WorsenedAnnual report
「As a result, orders received during the cumulative first quarter of the current consolidated fiscal year were progressing smoothly as planned, and order backlog, an important management indicator for the group, was also broadly in line with the plan. However, because construction projects tend to be concentrated in the fourth quarter given the nature of the group's business, and because order brokerage fees in the Social Infrastructure business declined significantly, revenue for the cumulative first quarter was ¥14,122 million, down 8.5% year on year, and the company recorded an operating loss of ¥339 million, compared with operating profit of ¥56 million in the same quarter of the previous year.」
Orders received and order backlog were in line with the plan, while quarterly revenue declined and the company moved from operating profit to an operating loss. The disclosure attributed this to the concentration of construction projects toward the end of the fiscal year and the decline in order brokerage fees in the Social Infrastructure business. - FY2016First statedAnnual report
「Revenue was ¥78,313 million, a decrease of ¥4,292 million, or 5.2% year on year, from the previous consolidated fiscal year. However, as a result of pursuing high-value-added projects by strengthening engineering capabilities, operating profit was ¥1,887 million, an increase of ¥134 million, or 7.7% year on year, from the previous consolidated fiscal year.」
While revenue declined, operating profit, ordinary profit and profit attributable to owners of the parent increased.