Higher revenue and earnings through early sales in the industrial materials business
First written in FY2017-Q1. 19 of 31 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-08-12.
No other company in this theme has enough history to compare yet.
- 2026-08-12MitigatedEarnings
「As a result, net sales were ¥145 million and operating profit was ¥4 million.」
Although shipments of jute products in the industrial materials business were delayed, advance purchases of resin products resulted in operating profit and an improvement from the operating loss recorded in the previous fiscal year. - FY2026MitigatedAnnual report
「Imports and sales of jute products, including carpet backing used in interior applications and materials for greening and insect control, exceeded the previous fiscal year and contributed to an improvement in the gross profit margin. Sales of paper bags and flexible containers for rice and wheat, however, were below the previous fiscal year. Profitability also benefited from lower costs associated with a review of staffing levels. As a result, net sales were ¥533 million and the operating loss was ¥0 million.」
The operating loss in the industrial materials business narrowed to ¥0 million, owing to increased imports and sales of jute products, an improved gross profit margin and lower costs following a review of staffing levels. - FY2025WorsenedAnnual report
「As a result, net sales were ¥539 million, a decrease of ¥0 million (0.1%) from the previous consolidated fiscal year, and the operating loss was ¥28 million, compared with an operating loss of ¥20 million in the previous consolidated fiscal year.」
The industrial materials business saw a broadly flat decline in net sales, while the operating loss widened from ¥20 million to ¥28 million. - FY2025-H1WorsenedAnnual report
「As a result, sales were ¥317 million, down ¥12 million, or 3.8%, from the previous interim consolidated accounting period, and the company posted an operating loss of ¥4 million, compared with operating profit of ¥6 million in the previous interim consolidated accounting period.」
The industrial materials business reported a 3.8% year-on-year decline in sales and shifted from operating profit to an operating loss. - FY2024WorsenedAnnual report
「As a result, sales were ¥540 million, down ¥96 million, or 15.2%, from the previous consolidated fiscal year, and the company posted an operating loss of ¥20 million, compared with operating profit of ¥15 million in the previous fiscal year.」
The industrial materials business reported lower sales and an operating loss for the full year due to inventory adjustments, the weaker yen and delays in negotiations to raise packaging-material prices, among other factors. - FY2024-Q2WorsenedAnnual report
「Last fiscal year, ocean freight disruptions caused by lockdowns related to the spread of COVID-19 led many customers to purchase more than demand required to secure inventory. Consequently, inventory adjustments were made this fiscal year, limiting sales growth, while the weaker yen also had an impact, resulting in lower sales and profits. As a result, sales were ¥330 million, down ¥49 million, or 13.0%, from the same quarter of the previous year, while operating profit was ¥6 million, down ¥18 million, or 74.3%.」
Inventory adjustments following customers' inventory buildup amid last year's ocean freight disruptions resulted in a 13.0% decline in sales and a 74.3% decline in operating profit in the industrial materials business. - FY2023WorsenedAnnual report
「As a result, sales were ¥637 million, up ¥11 million, or 1.8%, from the previous consolidated fiscal year, while operating profit was ¥15 million, down ¥11 million, or 43.2%.」
The industrial materials business increased sales, but operating profit declined 43.2% because of soaring prices for base paper and delays in passing on higher costs through prices. - FY2023-Q3AdvancedAnnual report
「Jute product revenue and profit increased as a result of efforts to secure orders early in anticipation of unstable production in India, our source of imports, and shipping delays caused by container shortages.」
Early orders for jute products contributed to higher sales and profits in the industrial materials business. - FY2023-Q2AdvancedAnnual report
「As a result, sales were ¥379 million, up ¥37 million, or 11.1%, from the same quarter of the previous year, while operating profit was ¥25 million, up ¥7 million, or 43.2%.」
The industrial materials business reported an 11.1% increase in sales and a 43.2% increase in operating profit, driven by early orders for jute products and other factors. - FY2023-Q1WorsenedAnnual report
「The packaging-materials market remained sluggish, as it had in the same quarter of the previous year. As a result, sales were ¥149 million, up ¥0 million, or 0.5%, from the same quarter of the previous year, while operating profit was ¥2 million, down ¥3 million, or 55.5%.」
The industrial materials business achieved only marginal sales growth, while operating profit declined 55.5% year on year. - FY2022-Q2AdvancedAnnual report
「In response to conditions including lockdowns in India, the source of imports, since last year, the company began imports and sales early. It also pursued the development of new sales channels.」
The company carried out early imports and sales in response to lockdowns in India and other conditions, while also pursuing the development of new sales channels. - FY2022-Q1AdvancedAnnual report
「As a result, sales were ¥148 million, up ¥7 million, or 5.6%, from the same quarter of the previous year, while operating profit was ¥5 million, compared with an operating loss of ¥1 million in the same quarter of the previous year.」
Early imports and sales resulted in higher sales in the industrial materials business, which shifted from an operating loss in the previous year to operating profit. - FY2021WorsenedAnnual report
「As a result, sales were ¥651 million, down ¥40 million, or 5.8%, from the previous consolidated fiscal year, while operating profit was ¥14 million, down ¥3 million, or 17.2%.」
The industrial materials business reported lower sales and profits for the full year due to delays in the supply of jute products and lower volumes handled in packaging materials. - FY2021-Q3WorsenedAnnual report
「Jute products remained in an uncertain situation because intermittent lockdowns in India prevented planned production and caused transportation delays. Although the domestic packaging-materials market was also sluggish, volumes handled for automotive and food packaging materials were limited. As a result, sales were ¥476 million, down ¥75 million, or 13.7%, from the same quarter of the previous year, while operating profit was ¥9 million, down ¥10 million, or 52.5%.」
The industrial materials business reported a 13.7% decline in sales and a 52.5% decline in operating profit due to production and transportation delays caused by intermittent lockdowns in India, together with weakness in the domestic market. - FY2021-Q2WorsenedAnnual report
「Jute products remained in an uncertain situation because intermittent lockdowns in India reduced production capacity utilization and delayed shipments. Although the domestic packaging-materials market was also sluggish, volumes handled for automotive and food packaging materials were limited. As a result, sales were ¥306 million, down ¥76 million, or 19.9%, from the same quarter of the previous year, while operating profit was ¥4 million, down ¥13 million, or 73.0%.」
The industrial materials business reported a 19.9% decline in sales and a 73.0% decline in operating profit due to supply delays and reduced production capacity utilization caused by India's lockdowns, together with weakness in the domestic market. - FY2021-Q1Lower Sales but Reduced LossesAnnual report
「As a result, sales were ¥140 million, down ¥4 million, or 2.9%, from the same quarter of the previous year, and the company posted an operating loss of ¥1 million, compared with an operating loss of ¥4 million in the same quarter of the previous year.」
The industrial materials business reported lower sales due to delays in imports of jute products and sluggish packaging-materials sales, while its operating loss narrowed from ¥4 million in the previous year to ¥1 million. - FY2020-Q3Profit improvement through recovery in sales by productAnnual report
「Although orders for resin bags for food aid rice declined, sales of flexible intermediate bulk containers for MA rice and jute products recovered. As a result, sales were ¥552 million, down ¥11 million, or 2.0%, from the same quarter of the previous year, while operating profit was ¥20 million, up ¥0 million, or 3.8%.」
While orders for resin bags for food aid rice declined, sales of flexible intermediate bulk containers for MA rice and jute products recovered, and operating profit exceeded the previous year's level despite lower sales. - FY2020-Q2WorsenedAnnual report
「Lower orders for resin bags for food aid rice reduced sales and profit. Lower sales of jute rope, jute bags for coarse grains and other jute products also reduced profit. As a result, sales were ¥383 million, down ¥6 million, or 1.8%, from the same quarter of the previous year, while operating profit was ¥18 million, down ¥3 million, or 15.2%.」
Lower orders and sales of resin bags for food aid rice, jute rope and jute bags for coarse grains resulted in lower sales and profits in the industrial materials business. - FY2020-Q1WorsenedAnnual report
「Lower sales of resin bags for food aid rice reduced sales, while lower sales of jute products, including jute rope, reduced profit. As a result, sales were ¥144 million, down ¥14 million, or 8.9%, from the same quarter of the previous year, and the company posted an operating loss of ¥4 million, compared with operating profit of ¥2 million in the same quarter of the previous year.」
Lower sales of resin bags for food aid rice and jute products, including jute rope, resulted in lower sales in the industrial materials business, which shifted from operating profit in the previous year to an operating loss. - FY2019WorsenedAnnual report
「Sales of export resin bags for food aid rice remained firm, but sales of jute products, including twine for electrical wires and interior materials, declined. In addition, the profit margin on flexible intermediate bulk containers for MA rice fell because of lower selling prices. As a result, sales were ¥719 million, down ¥16 million, or 2.3%, from the previous consolidated fiscal year, while operating profit was ¥15 million, down ¥4 million, or 24.3%.」
Although export resin bags for food aid rice performed well, full-year sales and profits declined because of lower sales of jute products and lower selling prices for flexible intermediate bulk containers for MA rice. - FY2019-Q3WorsenedAnnual report
「Sales of export resin bags for food aid rice remained firm, but sales of jute products, including twine for electrical wires and interior materials, declined. In addition, the profit margin on flexible intermediate bulk containers for MA rice fell. As a result, sales were ¥564 million, down ¥18 million, or 3.2%, from the same quarter of the previous year, while operating profit was ¥19 million, down ¥2 million, or 13.1%.」
Although export resin bags for food aid rice performed well, lower sales of jute products and the decline in the profit margin on flexible intermediate bulk containers for MA rice resulted in lower sales and profits in the industrial materials business. - FY2019-Q2WorsenedAnnual report
「Sales of export resin bags for food aid rice remained firm, but sales of flexible intermediate bulk containers for MA rice declined. As a result, sales were ¥390 million, down ¥7 million, or 2.0%, from the same quarter of the previous year, while operating profit was ¥21 million, down ¥0 million, or 3.2%.」
Although export resin bags for food aid rice performed well, the decline in flexible intermediate bulk containers for MA rice resulted in lower sales and profits in the industrial materials business. - FY2019-Q1WorsenedAnnual report
「Sales of resin bags for food aid rice remained firm, but sales of flexible intermediate bulk containers declined. As a result, sales were ¥159 million, down ¥14 million, or 8.4%, from the same quarter of the previous year, while operating profit was ¥2 million, down ¥0 million, or 18.6%.」
Although resin bags for food aid rice performed well, the decline in flexible intermediate bulk containers resulted in lower sales and profits in the industrial materials business. - FY2018RestatedAnnual report
「Sales of jute bags declined as a result of the poor harvest caused by last year's adverse weather, but resin bags for food aid rice and paper bags for rice and wheat flour remained firm in the first half. As a result, sales were ¥736 million and operating profit was ¥20 million, both approximately unchanged from the previous consolidated fiscal year.」
While sales of jute bags continued to decline, resin bags for food aid rice and paper bags for rice and wheat flour provided support, leaving sales and profit in the industrial materials business at approximately the previous year's levels. - FY2018-Q3AdvancedAnnual report
「Sales of jute bags declined as a result of the poor harvest caused by last year's adverse weather, but resin bags for food aid rice and paper bags for rice and wheat flour remained firm in the first half. As a result, sales were ¥582 million, up ¥23 million, or 4.1%, from the same quarter of the previous year, while operating profit was ¥22 million, up ¥1 million, or 6.8%.」
While sales of jute bags continued to decline, resin bags for food aid rice and paper bags for rice and wheat flour remained firm, and cumulative results for the third quarter returned to higher sales and profits. - FY2018-Q2Update to performance driversAnnual report
「Sales of jute bags declined as a result of the poor harvest caused by last year's adverse weather and inventory adjustments, but resin bags for food aid rice and paper bags for rice and wheat flour remained firm. As a result, sales were ¥398 million, up ¥6 million, or 1.5%, from the same quarter of the previous year, while operating profit was ¥22 million, up ¥2 million, or 12.8%.」
In the industrial materials business, sales of jute bags continued to decline because of inventory adjustments, but resin bags for food aid rice and paper bags for rice and wheat flour remained firm, resulting in higher sales and profits year on year. - FY2018-Q1WorsenedAnnual report
「Sales of agricultural jute bags in the jute division declined as the poor harvest caused by last year's adverse weather led to inventory adjustments. As a result, sales were ¥173 million, down ¥32 million, or 15.9%, from the same quarter of the previous year, while operating profit was ¥3 million, down ¥9 million, or 73.5%.」
Sales of agricultural jute bags declined because of the poor harvest caused by last year's adverse weather and inventory adjustments, resulting in lower sales and profits in the industrial materials business. - FY2017WorsenedAnnual report
「Sales of paper bags for flour milling and resin bags for rice and wheat in the packaging materials business were sluggish, resulting in lower sales. In the jute business, orders for burlap products remained strong, but a temporary downturn in demand for jute bags caused by adverse weather reduced profit. As a result, sales were ¥736 million, down ¥30 million, or 4.0%, from the previous consolidated fiscal year, while operating profit was ¥20 million, down ¥8 million, or 29.6%.」
Although orders for burlap products were strong, full-year sales and profits declined because of sluggish packaging-materials sales and weak demand for jute bags caused by adverse weather. - FY2017-Q3WorsenedAnnual report
「Demand for jute products recovered from a temporary downturn caused by adverse weather, and orders for burlap products remained strong. In packaging materials, sales of paper bags for flour milling and resin bags for rice and wheat were sluggish. The weakness in paper bags for flour milling was due to consumers holding back on purchases of bread, noodles and other products following a reduction in imported wheat prices, and recovery is expected in the next fiscal year. As a result, sales were ¥559 million, down ¥23 million, or 4.0%, from the same quarter of the previous year, while operating profit was ¥21 million, down ¥1 million, or 6.2%.」
Although demand for jute products recovered, cumulative results for the third quarter showed lower sales and profits due to weakness in the packaging materials business. - FY2017-Q2WorsenedAnnual report
「Jute products, including bags for coarse grains, performed well in the first half, but demand weakened in the second half because crop damage caused by typhoons and adverse weather. In packaging materials, the company worked to review costs and achieved some results, but demand for exports declined. As a result, sales were ¥392 million, down ¥44 million, or 10.2%, from the same quarter of the previous year, while operating profit was ¥19 million, down ¥3 million, or 15.8%.」
Following the first quarter's higher sales and profits, cumulative results for the second quarter showed lower sales and profits due to adverse weather, crop damage and weaker export demand. - FY2017-Q1First statedAnnual report
「The industrial materials business began early sales of jute bags for coarse grains. As a result, sales were ¥206 million, up ¥15 million, or 8.3%, from the same quarter of the previous year, while operating profit was ¥12 million, up ¥10 million, or 515.2%.」
The company cited early sales of jute bags for coarse grains and higher sales and profits in the first quarter as business results.