Increase in ordinary profit and net profit despite declining sales revenue
First written in FY2016-Q3. 1 of 2 entries say "Dropped", first in FY2019. Latest entry: FY2019.
The whole theme swung hardest in 2020: 7 of 15 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「As a result, results for the current consolidated fiscal year were consolidated revenue of ¥126,401 million, up 14.4% year on year; consolidated operating profit of ¥10,472 million, up 25.1%; consolidated ordinary profit of ¥11,165 million, up 22.3%; and net income attributable to owners of the parent of ¥6,520 million, up 23.6%.」
The previous pattern of revenue declining while profit increased did not apply for the full fiscal year; revenue, operating profit, ordinary profit and net income all increased year on year. - FY2016-Q3First statedAnnual report
「As a result, for the nine months ended [the current third quarter], net sales were ¥73,063 million, down 3.8% year on year; ordinary profit was ¥5,670 million, up 1.5%; and profit attributable to owners of the parent was ¥4,164 million, up 9.7%.」
For the nine-month period, net sales declined year on year, while ordinary profit and profit attributable to owners of the parent increased.