Establishing and enhancing profitability
First written in FY2016. 21 of 40 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-08-12.
Kanmonkai moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
18 other companies' latest entry also says "Worsened".
- 2026-08-12WorsenedEarnings
「As a result, the operating loss for the cumulative first quarter was ¥126 million, compared with a loss of ¥82 million in the same quarter of the previous year; the ordinary loss was ¥130 million, compared with a loss of ¥87 million; and the net loss attributable to owners of the parent was ¥88 million, compared with a loss of ¥56 million.」
Operating loss, ordinary loss and the net loss attributable to owners of the parent all widened year on year due to the decline in revenue and other factors. - FY2026WorsenedAnnual report
「The EBITDA margin for all directly operated stores was 21.1% for the fiscal year, continuing to exceed the target, but was approximately 3.7 percentage points below the previous year due to increases in various costs.」
Although the EBITDA margin for each store exceeded the 20% target at 21.1%, it fell by approximately 3.7 percentage points from the previous year. Operating profit also declined 42.2% year on year, indicating deterioration in the earnings structure. - FY2026-H1WorsenedAnnual report
「As a result, operating loss for the interim consolidated accounting period was ¥259 million (loss of ¥177 million in the same interim period of the previous year), ordinary loss was ¥267 million (loss of ¥192 million), and interim net loss attributable to owners of the parent was ¥171 million (loss of ¥121 million), mainly due to the recognition of ¥5 million in loss on sale of fixed assets and other items. Results were broadly in line with the outlook.」
Although revenue increased, operating loss widened from ¥177 million to ¥259 million, ordinary loss from ¥192 million to ¥267 million, and interim net loss from ¥121 million to ¥171 million. The disclosure cited higher raw material prices, a higher cost ratio due to the 45th anniversary fair, and increases in personnel, advertising and other expenses. - FY2025RestatedAnnual report
「The EBITDA margin for all directly operated stores was 24.8% for the fiscal year, continuing to exceed the target.」
The EBITDA margin for each store continued to exceed the 20% target. However, with operating profit of ¥327 million and revenue of ¥5,264 million for the fiscal year, the 10% operating margin on revenue target was not achieved. - FY2025-H1WorsenedAnnual report
「Although the company continued strict cost management, selling, general and administrative expenses amounted to ¥1,415 million, up 7.4% from the same interim period of the previous year, due mainly to higher expenses for pay increases and bonuses to improve employee treatment, active recruitment of new graduates and experienced hires, and advertising. As a result, operating loss for the interim consolidated accounting period was ¥177 million (loss of ¥150 million in the same interim period of the previous year), ordinary loss was ¥192 million (loss of ¥180 million), and interim net loss attributable to owners of the parent was ¥121 million (loss of ¥84 million in the same interim period of the previous year, when ¥100 million in compensation received in connection with a store eviction had been recorded).」
Although revenue and gross profit increased, selling, general and administrative expenses rose due to pay increases and bonuses, recruitment, advertising and other expenses, and operating loss, ordinary loss and interim net loss all widened from the same interim period of the previous year. - FY2024AdvancedAnnual report
「The group considers the operating margin on revenue an important management metric and has set targets of a 10% operating margin on revenue and a 20% EBITDA margin for each store. The EBITDA margin for all directly operated stores was 25.1% for the fiscal year, exceeding the target.」
Against the 20% target for the EBITDA margin for each store, the actual margin for all directly operated stores was 25.1%, exceeding the target for the store metric. - FY2024-Q3AdvancedAnnual report
「The company continued its efforts to exercise strict cost management and improve productivity, but selling, general and administrative expenses amounted to ¥2,161 million, up 12.3% year on year, due mainly to higher variable costs, including rising part-time and temporary staff costs and energy costs. As a result, operating profit was ¥184 million (loss of ¥87 million in the same period of the previous year), and ordinary profit was ¥145 million (loss of ¥56 million).」
While cost management and productivity improvement continued, results turned from an operating loss to operating profit of ¥184 million and from an ordinary loss to ordinary profit of ¥145 million. - FY2024-Q2AdvancedAnnual report
「The company continued its efforts to exercise strict cost management and improve productivity, but selling, general and administrative expenses amounted to ¥1,318 million, up 13.6% year on year, due mainly to higher variable costs, including rising part-time and temporary staff costs and energy costs associated with increased store revenue. As a result, operating loss for the six months ended Q2 was ¥150 million (loss of ¥358 million in the same period of the previous year), and ordinary loss was ¥180 million (loss of ¥325 million).」
While cost management and productivity improvement continued, operating loss narrowed from ¥358 million to ¥150 million and ordinary loss from ¥325 million to ¥180 million. The increase in personnel and energy costs and the continuation of losses were also noted. - FY2024-Q1AdvancedAnnual report
「The company has continued to exercise strict cost control since the COVID-19 pandemic, but selling, general and administrative expenses amounted to ¥662 million, up 13.4% year on year, due mainly to higher variable costs, including part-time and temporary staff costs associated with increased store revenue. As a result, operating loss for the three months ended Q1 was ¥53 million (loss of ¥160 million in the same quarter of the previous year), and ordinary loss was ¥78 million (loss of ¥163 million).」
While cost management continued, operating loss narrowed from ¥160 million to ¥53 million and ordinary loss from ¥163 million to ¥78 million. Operating loss and ordinary loss nevertheless continued. - FY2023AdvancedAnnual report
「Operating profit was ¥54 million (loss of ¥715 million in the previous fiscal year). Ordinary profit was ¥65 million, up 15.2% year on year (ordinary profit of ¥57 million in the previous fiscal year, due mainly to ¥677 million in cooperation grants for measures to prevent the spread of infection and other items), due partly to ¥66 million in subsidy income recorded as non-operating income.」
Operating results turned from an operating loss to operating profit of ¥54 million, and the EBITDA margin for all directly operated stores recovered to 17.1%. However, the targets of a 10% operating margin on revenue and a 20% EBITDA margin for each store were not achieved. - FY2023-Q3Narrower operating loss but wider ordinary and net lossesAnnual report
「As a result, operating loss for the nine months ended Q3 was ¥87 million (loss of ¥600 million in the same period of the previous year). Ordinary loss was ¥56 million (loss of ¥9 million), due to subsidy income of ¥64 million, including subsidies under a Ministry of Agriculture, Forestry and Fisheries emergency program for developing new sales channels and employment adjustment subsidies, compared with ¥625 million in cooperation grants for measures to prevent the spread of infection and other items in the same period of the previous year. Quarterly net loss attributable to owners of the parent was ¥60 million (loss of ¥16 million).」
Although cost management, including personnel costs, and improvements in the cost ratio reduced operating loss from ¥600 million in the same period of the previous year to ¥87 million, ordinary loss and quarterly net loss widened year on year due to lower subsidy income and other factors. - FY2023-Q2Narrower operating loss but wider ordinary and net lossesAnnual report
「As a result, operating loss for the six months ended Q2 was ¥358 million (loss of ¥739 million in the same period of the previous year). Ordinary loss was ¥325 million (loss of ¥218 million), due to subsidy income of ¥61 million, including subsidies under a Ministry of Agriculture, Forestry and Fisheries emergency program for developing new sales channels and employment adjustment subsidies, compared with ¥549 million in cooperation grants for measures to prevent the spread of infection and other items in the same period of the previous year. Quarterly net loss attributable to owners of the parent was ¥328 million (loss of ¥222 million).」
Although personnel cost and overall cost management and improvements in the cost ratio reduced operating loss from ¥739 million to ¥358 million, ordinary loss and quarterly net loss widened year on year due to lower subsidy income and other factors. - FY2023-Q1AdvancedAnnual report
「As a result, revenue for the three months ended Q1 was ¥636 million, up 206.2% year on year. In terms of profitability, gross profit was ¥423 million, up ¥298 million, due to increased store revenue and an improved cost ratio. Although the company pursued strict cost management, including personnel cost controls and reductions in head-office expenses, selling, general and administrative expenses amounted to ¥584 million, up ¥91 million, mainly because variable costs increased after normal operations resumed. As a result, operating loss was ¥160 million (loss of ¥367 million in the same quarter of the previous year), ordinary loss was ¥163 million (loss of ¥122 million), despite ¥12 million in subsidy income including employment adjustment subsidies and other items (¥260 million in cooperation grants for measures to prevent the spread of infection and other items in the same quarter of the previous year), and quarterly net loss attributable to owners of the parent was ¥164 million (loss of ¥124 million).」
Revenue and gross profit increased, and operating loss narrowed from ¥367 million in the same period of the previous year to ¥160 million. Although the cost ratio was improved and personnel costs, overall costs and head-office expenses were controlled, ordinary loss and net loss widened year on year, so improvement in the earnings structure was limited to certain metrics. - FY2022WorsenedAnnual report
「The group considers the operating margin on revenue an important management metric and has set targets of a 10% operating margin on revenue and a 20% EBITDA margin for each store. The EBITDA margin for all directly operated stores was 3.8%, partly because COVID-19 affected operations throughout the year. Key measures to achieve the targets include addressing the off-season and strengthening cost management at stores, as well as reducing head-office expenses.」
Although the EBITDA margin for stores recovered to 3.8%, it remained below the 20% target, and consolidated operating loss widened to ¥715 million. - FY2022-Q3WorsenedAnnual report
「As a result, operating loss for the nine months ended Q3 was ¥600 million (loss of ¥441 million in the same period of the previous year). Ordinary loss was ¥9 million (loss of ¥439 million), due to ¥492 million in cooperation grants for measures to prevent the spread of infection, ¥120 million in employment adjustment subsidies, ¥11 million in subsidy income under a Ministry of Agriculture, Forestry and Fisheries program, and other factors. Quarterly net loss attributable to owners of the parent was ¥16 million (loss of ¥593 million).」
Although subsidies and other factors significantly reduced ordinary loss and net loss, operating loss widened from ¥441 million in the same period of the previous year to ¥600 million, indicating deterioration relative to the target for the earnings structure. - FY2022-Q2WorsenedAnnual report
「As a result, operating loss for the six months ended Q2 was ¥739 million (loss of ¥443 million in the same period of the previous year). Ordinary loss was ¥218 million (loss of ¥465 million), due to ¥448 million in cooperation grants for measures to prevent the spread of infection, ¥88 million in employment adjustment subsidies, ¥11 million in subsidy income under a Ministry of Agriculture, Forestry and Fisheries program, and other factors. Quarterly net loss attributable to owners of the parent was ¥222 million (loss of ¥537 million).」
Although subsidies and other factors reduced ordinary loss and net loss from the previous year, operating loss widened from ¥443 million to ¥739 million, and the earnings structure continued to deteriorate. - FY2022-Q1WorsenedAnnual report
「As a result, revenue for the three months ended Q1 was ¥207 million. In terms of profitability, gross profit was ¥125 million, up ¥36 million year on year, due to increased store revenue and an improved cost ratio. Although the company pursued thorough cost reviews and reductions in head-office expenses, selling, general and administrative expenses amounted to ¥493 million, up ¥221 million, partly because it incurred personnel costs including leave allowances during store closures and fixed store costs. As a result, operating loss was ¥367 million (loss of ¥182 million in the same quarter of the previous year).」
Although gross profit improved, operating loss widened to ¥367 million due to higher selling, general and administrative expenses, indicating deterioration relative to the target for the earnings structure. Ordinary loss and net loss narrowed year on year due to subsidies and other factors. - FY2021WorsenedAnnual report
「The group considers the operating margin on revenue an important metric and has set targets of a 10% operating margin on revenue and a 20% EBITDA margin for each store. The EBITDA margin for all directly operated stores was negative 2.4%, partly because the impact of COVID-19 continued throughout the year.」
Although the targets of a 10% operating margin on revenue and a 20% EBITDA margin for each store were maintained, the EBITDA margin for all directly operated stores was negative 2.4%. Operating loss also widened to ¥540 million. - FY2021-Q3WorsenedAnnual report
「Revenue for the nine months ended Q3 was ¥1,755 million, down 45.3% year on year. In terms of profitability, gross profit was ¥1,087 million, down 50.8%, partly because the cost ratio rose as costs increased for mail-order sales and other businesses that contributed to revenue. Selling, general and administrative expenses amounted to ¥1,528 million, down 36.9%, reflecting thorough cost reviews and reductions in head-office expenses, as well as the reclassification to losses related to temporary store closures and other events of ¥200 million in fixed costs incurred in connection with temporary closures implemented in response to requests to suspend operations. As a result, operating loss was ¥441 million (loss of ¥212 million in the same period of the previous year), ordinary loss was ¥439 million (loss of ¥268 million), and quarterly net loss attributable to owners of the parent was ¥593 million (loss of ¥197 million), mainly due to the recognition of ¥88 million in employment adjustment subsidies and other extraordinary income and ¥22 million in store closure losses under extraordinary losses, in addition to losses related to temporary store closures and other events.」
Revenue and gross profit fell significantly. Despite cost reviews, reductions in head-office expenses and subsidies, operating loss widened to ¥441 million, ordinary loss to ¥439 million and quarterly net loss to ¥593 million. - FY2021-Q2WorsenedAnnual report
「As a result, operating loss for the six months ended Q2 was ¥443 million (loss of ¥400 million in the same period of the previous year), and ordinary loss was ¥465 million (loss of ¥443 million). Quarterly net loss attributable to owners of the parent was ¥537 million (loss of ¥304 million), mainly due to the recognition of ¥60 million in employment adjustment subsidies and other extraordinary income, as well as ¥20 million in store closure losses under extraordinary losses in addition to losses related to temporary store closures and other events.」
Although costs were reviewed, head-office expenses reduced and employment adjustment subsidies received, operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened year on year. - FY2021-Q1WorsenedAnnual report
「Selling, general and administrative expenses amounted to ¥271 million, down ¥468 million year on year, despite personnel costs including leave allowances and fixed store costs incurred during store closures. This reflected thorough cost reviews and reductions in head-office expenses, as well as the reclassification to losses related to temporary store closures and other events of ¥200 million in fixed costs incurred in connection with temporary closures implemented in response to requests to suspend operations. As a result, operating loss for the three months ended Q1 was ¥182 million (loss of ¥166 million in the same quarter of the previous year), ordinary loss was ¥192 million (loss of ¥177 million), and net loss attributable to owners of the parent was ¥364 million (loss of ¥125 million), due to the recognition under extraordinary losses of ¥6 million in store closure losses and ¥6 million in impairment losses, in addition to losses related to temporary store closures and other events.」
Although costs were reviewed and head-office expenses reduced, operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened year on year, indicating a continued deterioration in the earnings structure. - FY2020WorsenedAnnual report
「Operating loss was ¥185 million (operating profit of ¥141 million in the previous fiscal year), while ordinary loss was ¥269 million (ordinary profit of ¥82 million in the previous fiscal year).」
Operating profit and ordinary profit turned from profits in the previous fiscal year to losses, indicating a significant deterioration relative to the goal of establishing a profitable business structure. The EBITDA margin for all directly operated stores was also 0.6%. - FY2020-Q3WorsenedAnnual report
「As a result, operating loss for the nine months ended Q3 was ¥212 million (loss of ¥116 million in the same period of the previous year). Ordinary loss was ¥268 million (loss of ¥163 million), mainly due to the recognition of ¥20 million in syndicated loan fees. Net loss attributable to owners of the parent was ¥197 million (loss of ¥113 million), mainly due to the recognition of ¥14 million in loss on disposal of fixed assets associated with register changes and other factors.」
Although revenue increased, operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the same quarter of the previous year. - FY2020-Q2WorsenedAnnual report
「As a result, the operating loss for the second-quarter cumulative period was ¥400 million, compared with a loss of ¥332 million in the same period of the previous fiscal year. The ordinary loss was ¥443 million, including ¥20 million in syndicated loan fees, compared with a loss of ¥360 million, while the quarterly net loss attributable to owners of the parent was ¥304 million, compared with a loss of ¥242 million.」
Although revenue increased, operating loss, ordinary loss and net loss all widened year on year due to costs related to strengthening staffing at stores, early hiring and training ahead of the busy season, store renovations and new openings, as well as syndicated loan fees. - FY2020-Q1WorsenedAnnual report
「As a result, the operating loss for the first-quarter cumulative period was ¥166 million, compared with a loss of ¥155 million in the same period of the previous fiscal year, and the ordinary loss was ¥177 million, compared with a loss of ¥166 million. The Company also recorded ¥10 million in impairment losses on investment securities and other extraordinary losses, resulting in a quarterly net loss attributable to owners of the parent of ¥125 million, compared with a loss of ¥113 million.」
Although sales increased, operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all increased from the same quarter of the previous fiscal year. The disclosure also cited higher expenses for strengthening personnel and training, store openings, and shareholder benefits, among other costs related to future growth. - FY2019-Q3WorsenedAnnual report
「On the earnings front, continued cost controls and other measures reduced the cost ratio by 1.0 percentage point year on year to 30.3%. ... As a result, the operating loss for the third-quarter cumulative period was ¥116 million, compared with a loss of ¥87 million in the same period of the previous fiscal year, while the ordinary loss was ¥163 million, compared with a loss of ¥122 million.」
Although the cost ratio declined by 1.0 percentage point, operating loss increased from ¥87 million to ¥116 million and ordinary loss increased from ¥122 million to ¥163 million. - FY2019-Q2AdvancedAnnual report
「On the earnings front, continued cost controls and other measures reduced the cost ratio by 0.9 percentage points year on year to 30.0%. Selling, general and administrative expenses increased due to the rise in the number of company-operated stores and costs associated with changing the grand menu and uniforms as part of the rebranding. However, assigning head-office personnel to stores and strengthening operational management helped contain labor costs, among other factors, reducing SG&A expenses by ¥14 million year on year to ¥1,345 million. As a result, the operating loss for the second-quarter cumulative period was ¥332 million, compared with a loss of ¥336 million in the same period of the previous fiscal year.」
Cost controls reduced the cost ratio by 0.9 percentage points year on year to 30.0%, and operating loss narrowed from ¥336 million in the same quarter of the previous fiscal year to ¥332 million. - FY2019-Q1AdvancedAnnual report
「In addition to continuing to enforce cost controls, the cost ratio declined 1.6 percentage points year on year to 29.8%, owing to lower store waste as customer visits increased and a higher proportion of sales from company-operated stores with lower costs.」
Cost controls, lower store waste, and a higher proportion of sales from company-operated stores reduced the cost ratio by 1.6 percentage points. Operating loss also narrowed from ¥184 million in the same quarter of the previous fiscal year to ¥155 million. - FY2018ReframedAnnual report
「The Group considers its operating margin an important metric and has set targets of a 10% operating margin and a 20% operating margin before depreciation and amortization at each store. For the fiscal year, the operating margin was 4.2%, while the aggregate operating margin before depreciation and amortization at company-operated stores was 17.5%. Key initiatives to achieve the targets include measures to address the off-season and stronger cost management at stores, as well as franchise expansion and reductions in head-office expenses across the Company.」
While maintaining the company-wide target of a 10% operating margin, the store-level metric was changed from operating margin to operating margin before depreciation and amortization. The results for the fiscal year were 4.2% and 17.5%, respectively, with key initiatives consisting of off-season measures, cost management, franchise expansion, and reductions in head-office expenses. - FY2018-Q3AdvancedAnnual report
「On the earnings front, menu revisions and stronger cost controls reduced the cost ratio by 1.3 percentage points, improving profit by ¥41 million. ... The operating loss was ¥87 million, an improvement of ¥74 million year on year, while the ordinary loss was ¥122 million, an improvement of ¥139 million, due to the reduction in financial costs from the previous fiscal year. The Company recorded ¥63 million in losses on store closures and other extraordinary losses, resulting in a quarterly net loss attributable to owners of the parent of ¥143 million, an improvement of ¥66 million year on year.」
Stronger menu revisions and cost controls reduced the cost ratio by 1.3 percentage points, narrowing operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent from the previous year. Losses nevertheless continued. - FY2018-Q2AdvancedAnnual report
「On the earnings front, continued menu revisions and stronger cost controls reduced the cost ratio by 1.8 percentage points year on year, improving profit by ¥26 million. Although the Company newly recorded ¥13 million in provisions for shareholder benefits and training costs increased, it worked to reduce costs by controlling store expenses and converting some stores to independent franchises. As a result, the operating loss for the second-quarter cumulative period, the off-season, improved by ¥51 million to ¥336 million, compared with a loss of ¥387 million in the same period of the previous fiscal year. In addition, the previous fiscal year included ¥58 million in financing costs under non-operating expenses, while lower interest costs contributed to a significant ¥117 million improvement in the ordinary loss, which was ¥360 million compared with ¥478 million in the previous fiscal year.」
Menu revisions, cost controls, control of store costs, and conversion to independent franchises reduced the cost ratio by 1.8 percentage points, narrowing operating loss and ordinary loss from the previous year. - FY2018-Q1AdvancedAnnual report
「Through stronger cost controls and revisions to the beverage menu, the cost ratio improved by 2.7 percentage points year on year. As a result, the first-quarter operating loss improved to ¥184 million, compared with a loss of ¥206 million in the same quarter of the previous fiscal year; the ordinary loss improved to ¥200 million, compared with a loss of ¥225 million; and the quarterly net loss improved to ¥147 million, compared with a loss of ¥172 million.」
The cost ratio improved by 2.7 percentage points year on year, and operating loss, ordinary loss, and quarterly net loss all narrowed from the same quarter of the previous fiscal year. Losses nevertheless continued. - FY2017Quantifying the targetsAnnual report
「Specifically, we aim to achieve an operating margin of 10% and an operating margin before depreciation and amortization of 20% at each store.」
In addition to the previous goal of establishing a stronger earnings base and restoring high profit margins, the Company presented specific targets of a 10% operating margin and a 20% operating margin at each store. - FY2017-Q3WorsenedAnnual report
「As a result, for the third-quarter cumulative period, the Company recorded an operating loss of ¥161 million, compared with ¥96 million in the same period of the previous fiscal year; an ordinary loss of ¥262 million, compared with ¥157 million; and a quarterly net loss attributable to owners of the parent of ¥209 million, compared with ¥131 million.」
Operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all increased from the same quarter of the previous fiscal year. - FY2017-Q2WorsenedAnnual report
「As a result, during the second-quarter cumulative period, the off-season for the core “Genpin Fugu” business, the Company recorded an operating loss of ¥390 million, compared with ¥327 million in the same period of the previous fiscal year; an ordinary loss of ¥483 million, compared with ¥374 million; and a quarterly net loss attributable to owners of the parent of ¥355 million, compared with ¥266 million.」
Although the Company is pursuing the establishment of a stronger earnings base, operating loss, ordinary loss, and quarterly net loss all increased from the same quarter of the previous fiscal year. - FY2017-Q1RestatedAnnual report
「The Group is implementing its second medium-term management plan, the “Growth Plan,” centered on a return to the fundamentals of the “Genpin Fugu” business and the establishment of a stronger earnings base.」
Establishing a stronger earnings base remains a core pillar of the medium-term management plan. Meanwhile, the Company posted an operating loss of ¥208 million in the first quarter. - FY2016First statedAnnual report
「Factors behind the low operating margin, which the Group considers important, include deteriorating profitability during the summer off-season and inefficiencies. To restore a high profit margin, the Group will focus on acquiring new summer customers by developing and thoroughly promoting new products, strengthening efforts to attract overseas travelers, and developing new off-season demand unlike that of the past.」
The Company identified the low operating margin as an issue and cited initiatives involving off-season demand, new products, and overseas travelers.