Profit improvement despite declining revenue
First written in FY2016. 25 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-13.
The whole theme swung hardest in 2020: 24 of 107 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- 2026-08-13WorsenedEarnings
「Revenue was ¥2,031.391 million, up 0.3% year on year, operating profit was ¥76.235 million, down 21.8%, ordinary profit was ¥79.550 million, down 20.5%, and quarterly net income was ¥53.111 million, down 21.3%.」
Revenue increased slightly, while operating profit, ordinary profit and quarterly net income all fell below the year-earlier levels, indicating a performance trend different from profit growth amid declining revenue. - FY2026AdvancedAnnual report
「As a result, for the fiscal year, net sales were ¥9,523.533 million, up 2.7% year on year, ordinary profit was ¥493.367 million, up 13.4%, and net income was ¥327.450 million, up 10.2%.」
The company shifted from lower sales and profits in the previous fiscal year to higher sales and profits, with net sales, ordinary profit and net income all increasing. - FY2026-H1Higher Earnings Despite Lower RevenueAnnual report
「As a result, for the interim accounting period, net sales were ¥4,401.526 million, down 1.5% year on year, ordinary profit was ¥242.843 million, up 26.2%, and interim net income was ¥164.894 million, up 24.1%.」
While net sales declined 1.5% year on year, ordinary profit rose 26.2% and interim net income rose 24.1%, resulting in higher profits despite lower sales. - FY2025AdvancedAnnual report
「As a result, for the fiscal year, net sales were ¥9,274.325 million, up 7.9% year on year, ordinary profit was ¥435.049 million, up 2.2%, and net income was ¥297.019 million, up 1.3%.」
The company shifted from lower sales and profits in the previous fiscal year to higher sales and profits, with net sales, ordinary profit and net income all increasing. It explained that higher sales and profits in the real estate business offset the decline in profit from the retail business. - FY2025-H1Sales returned to growth, but the decline in profits widenedAnnual report
「As a result, for the interim accounting period, net sales were ¥4,470.531 million, up 5.7% year on year, ordinary profit was ¥192.438 million, down 23.9%, and interim net income was ¥132.820 million, down 25.0%.」
While net sales returned to growth, rising 5.7% year on year, ordinary profit fell 23.9% and interim net income fell 25.0%, resulting in lower profits despite higher sales. - FY2024WorsenedAnnual report
「As a result, for the fiscal year, net sales were ¥8,598.878 million, down 11.6% year on year, ordinary profit was ¥425.821 million, down 21.9%, and net income was ¥293.120 million, down 21.4%.」
From the higher-sales, higher-profit results of the previous fiscal year, net sales, ordinary profit and net income all declined, and the trend of improving profitability despite lower sales deteriorated on an annual basis. - FY2024-Q3WorsenedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥6,311.330 million, down 11.3% year on year, ordinary profit was ¥357.510 million, down 20.7%, and net income was ¥251.498 million, down 19.7%.」
Net sales, ordinary profit and quarterly net income all declined year on year, indicating a deterioration in performance from the higher-sales, higher-profit position in the year-earlier period. - FY2024-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥4,229.954 million, down 10.4% year on year, ordinary profit was ¥252.950 million, down 12.7%, and net income was ¥177.101 million, down 12.3%.」
From the higher-sales, higher-profit position in the year-earlier period, net sales, ordinary profit and quarterly net income all declined year on year. - FY2024-Q1AdvancedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥1,994.329 million, down 15.3% year on year, ordinary profit was ¥139.917 million, up 0.2%, and net income was ¥96.413 million, up 0.1%. Although net sales remained under pressure, efforts to improve profitability centered on strengthening support enabled the company to generate profits exceeding those of the cumulative first quarter of the previous fiscal year.」
While net sales declined 15.3% year on year, ordinary profit rose 0.2% and net income rose 0.1%. The company explained that it secured profits above the year-earlier period despite lower sales, centered on strengthening support. - FY2023AdvancedAnnual report
「As a result, for the fiscal year, net sales were ¥9,726.733 million, up 1.2% year on year, ordinary profit was ¥545.206 million, up 6.7%, and net income was ¥372.881 million, up 7.7%.」
Net sales, ordinary profit and net income all exceeded the previous fiscal year's results, rising 1.2%, 6.7% and 7.7%, respectively. - FY2023-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥7,115.328 million, up 3.7% year on year, ordinary profit was ¥450.709 million, up 0.5%, and net income was ¥313.264 million, up 1.6%.」
Net sales, ordinary profit and quarterly net income all exceeded the year-earlier period, with sales up 3.7%, ordinary profit up 0.5% and net income up 1.6%. - FY2023-Q2AdvancedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥4,719.396 million, up 2.3% year on year, ordinary profit was ¥289.869 million, up 0.8%, and net income was ¥201.892 million, up 2.9%, enabling the company to achieve higher sales and profits despite an extremely challenging operating environment.」
Despite the challenging operating environment, net sales, ordinary profit and quarterly net income all exceeded the year-earlier period, resulting in higher sales and profits. - FY2023-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥2,355.397 million, up 0.7% year on year, ordinary profit was ¥139.666 million, down 7.9%, and net income was ¥96.335 million, down 5.8%.」
Although net sales rose 0.7% year on year, ordinary profit fell 7.9% and net income fell 5.8%, indicating a deterioration in profitability from the previous fiscal year, when profitability had improved despite lower sales. - FY2022AdvancedAnnual report
「As a result, for the fiscal year, net sales were ¥9,614.645 million, up 1.0% year on year, ordinary profit was ¥510.774 million, up 4.2%, and net income was ¥346.213 million, up 5.3%.」
Despite market contraction and a decline in some products following the previous year's strong performance, net sales, ordinary profit and net income all exceeded the previous fiscal year's results, marking annual progress in improving profitability. - FY2022-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥6,861.814 million, down 3.4% year on year, ordinary profit was ¥448.498 million, up 11.1%, and net income was ¥308.241 million, up 10.2%.」
While net sales declined 3.4% year on year, ordinary profit rose 11.1% and net income rose 10.2%, and profitability continued to improve despite lower sales. - FY2022-Q2AdvancedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥4,612.249 million, down 5.2% year on year, ordinary profit was ¥287.610 million, up 4.7%, and net income was ¥196.113 million, up 3.2%.」
While net sales declined 5.2% year on year, ordinary profit rose 4.7% and net income rose 3.2%, marking a shift from declining profits in the previous quarter to increasing profits. - FY2022-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥2,339.649 million, down 8.3% year on year, ordinary profit was ¥151.630 million, down 6.9%, and net income was ¥102.222 million, down 9.2%.」
Net sales, ordinary profit and quarterly net income all declined year on year, marking a shift from the improving profitability seen through the previous fiscal year and previous quarter to declining profits. - FY2021AdvancedAnnual report
「As a result, for the fiscal year, net sales were ¥9,518.893 million, up 12.6% year on year, ordinary profit was ¥490.138 million, up 117.8%, and net income was ¥328.803 million, up 120.9%.」
Net sales, ordinary profit and net income all increased year on year, with ordinary profit up 117.8% and net income up 120.9%. - FY2021-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥7,099.917 million, up 15.6% year on year, ordinary profit was ¥403.791 million, up 137.1%, and net income was ¥279.690 million, up 142.8%.」
Net sales, ordinary profit and quarterly net income all increased year on year, with particularly significant improvements in profitability as ordinary profit rose 137.1% and net income rose 142.8%. - FY2021-Q2AdvancedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥4,864.238 million, up 17.9% year on year, ordinary profit was ¥274.732 million, up 216.8%, and net income was ¥190.027 million, up 239.0%.」
Net sales, ordinary profit and quarterly net income all increased year on year, with particularly significant improvements in profitability as ordinary profit rose 216.8% and net income rose 239.0%. - FY2021-Q1AdvancedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥2,551.070 million, up 31.1% year on year, ordinary profit was ¥162.848 million, up 382.9%, and net income was ¥112.518 million, up 415.0%.」
Net sales, ordinary profit and quarterly net income all increased year on year, with particularly significant improvements in profitability as ordinary profit rose 382.9% and net income rose 415.0%. - FY2020AdvancedAnnual report
「As a result, for the fiscal year, net sales were ¥8,452.233 million, up 4.9% year on year, ordinary profit was ¥225.036 million, up 17.9%, and net income was ¥148.862 million, up 24.3%.」
Net sales, ordinary profit and net income all increased year on year, confirming annual improvements in sales and profitability. - FY2020-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥6,140.282 million, up 5.8% year on year, ordinary profit was ¥170.335 million, up 13.5%, and net income was ¥115.214 million, up 13.0%.」
Net sales, ordinary profit and quarterly net income all increased year on year, confirming continued improvements in sales and profitability from the previous fiscal year through the cumulative third quarter. - FY2020-Q2AdvancedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥4,127.092 million, up 9.0% year on year, ordinary profit was ¥86.715 million, up 13.6%, and net income was ¥56.049 million, up 10.8%.」
Net sales, ordinary profit and quarterly net income all increased year on year, confirming continued improvements in sales and profitability from the previous fiscal year through the cumulative second quarter. - FY2020-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥1,945.421 million, up 3.3% year on year, ordinary profit was ¥33.722 million, down 23.1%, and net income was ¥21.846 million, down 25.2%.」
While net sales rose 3.3% year on year, ordinary profit fell 23.1% and net income fell 25.2%, marking a shift from the improving profitability that had continued through the previous fiscal year to declining profits. - FY2019-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥5,804.483 million, up 6.1% year on year, ordinary profit was ¥150.133 million, up 3.5%, and net income was ¥101.955 million, up 7.7%.」
Net sales, ordinary profit and quarterly net income all increased year on year, and profitability continued to improve. - FY2019-Q2AdvancedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥3,787.018 million, up 5.8% year on year, ordinary profit was ¥76.307 million, up 18.7%, and net income was ¥50.585 million, up 20.9%.」
Net sales, ordinary profit and quarterly net income all increased year on year, and profitability continued to improve. - FY2019-Q1AdvancedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥1,883.536 million, up 2.4% year on year, ordinary profit was ¥43.877 million, up 48.4%, and net income was ¥29.198 million, up 53.3%.」
Net sales rose 2.4% year on year, while ordinary profit rose 48.4% and net income rose 53.3%, indicating continued improvement in profitability. - FY2018AdvancedAnnual report
「As a result, for the fiscal year, net sales were ¥7,657.436 million, up 1.5% year on year, ordinary profit was ¥203.722 million, up 27.0%, and net income was ¥113.085 million, up 6.9%.」
Net sales rose 1.5% year on year, ordinary profit rose 27.0% and net income rose 6.9%, partly due to higher online sales, resulting in an improvement in profitability from the previous fiscal year's decline. - FY2018-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥5,468.309 million, down 3.1% year on year, ordinary profit was ¥144.993 million, up 4.8%, and net income was ¥94.705 million, up 1.7%.」
Although net sales declined 3.1% year on year, ordinary profit rose 4.8% and net income rose 1.7%, indicating an improvement in profitability from the declining-profit trend at the previous fiscal year-end and the previous quarterly report. - FY2018-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥3,580.872 million, down 4.3% year on year, ordinary profit was ¥64.304 million, down 27.9%, and net income was ¥41.851 million, down 30.6%.」
Net sales, ordinary profit and quarterly net income all declined year on year, and the deterioration from the improving profitability seen in the previous fiscal year and the year-earlier period has continued. - FY2018-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥1,838.903 million, down 5.4% year on year, ordinary profit was ¥29.567 million, down 49.6%, and net income was ¥19.047 million, down 53.4%.」
Net sales, ordinary profit and quarterly net income all declined year on year, marking a deterioration from the trend of improving profitability in the previous fiscal year. - FY2017WorsenedAnnual report
「As a result, for the fiscal year, net sales were ¥7,542.113 million, down 9.8% year on year, ordinary income was ¥160.363 million, down 25.0%, and net income was ¥105.782 million, down 19.3%.」
Net sales, ordinary income and net income all declined year on year, resulting in lower annual earnings after the profit improvement seen in the quarterly reports. - FY2017-Q3WorsenedAnnual report
「As a result, for the cumulative third quarter, net sales were ¥5,645.486 million, down 8.2% year on year, ordinary income was ¥138.347 million, down 11.5%, and quarterly net income was ¥93.140 million, down 7.9%.」
Ordinary income and quarterly net income, which had increased through the cumulative second quarter, turned down year on year in the cumulative third quarter. - FY2017-Q2AdvancedAnnual report
「As a result, for the cumulative second quarter, net sales were ¥3,743.365 million, down 6.9% year on year, ordinary income was ¥89.172 million, up 13.2%, and quarterly net income was ¥60.300 million, up 27.6%.」
Net sales declined year on year, while ordinary income and quarterly net income increased. - FY2017-Q1AdvancedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥1,944.316 million, down 2.5% year on year, ordinary income was ¥58.680 million, up 30.0%, and quarterly net income was ¥40.882 million, up 40.1%. In addition, quarterly earnings reached a record high for the second consecutive year.」
Net sales declined year on year, while ordinary income and quarterly net income increased, with first-quarter earnings reaching a record high for the second consecutive year. - FY2016First statedAnnual report
「As a result, for the fiscal year, net sales were ¥8,357.899 million, down 13.2% year on year, ordinary income was ¥213.694 million, up 40.8%, and net income was ¥131.059 million, up 40.6%.」
Net sales declined, while ordinary income and net income increased year on year.