Achieving an early return to operating profitability and earnings growth through synergies between the core and new businesses
First written in FY2017. 21 of 38 entries say "Worsened", first in FY2019-Q2. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1WorsenedAnnual report
「Building on the earnings base established in the previous fiscal year, we have positioned this as an extremely important period for achieving a normalisation of higher sales and profits, and aim to drive growth through the two pillars of a fundamental strengthening of the subscription delivery business and the creation of next-generation businesses. As a result, consolidated sales for the interim consolidated accounting period were ¥14,147 million, down 0.8% year on year, while gross profit was ¥7,896 million, up 0.8%. Selling, general and administrative expenses were ¥7,773 million, up 1.9%, due mainly to higher advertising expenses aimed at acquiring new subscription delivery customers and higher personnel expenses resulting from differences in the timing of expenses incurred in the same period of the previous year. Personnel expenses for the full fiscal year are expected to remain at the same level as in the previous fiscal year. Operating income was ¥122 million, down 39.4% year on year.」
While the company reaffirmed its policy of fundamentally strengthening the subscription delivery business and creating next-generation businesses with the goal of normalising higher sales and profits, sales declined in the interim period and operating income fell 39.4% year on year. Ordinary income and interim net income increased due to foreign exchange gains and other factors. - FY2026AdvancedAnnual report
「The fiscal year ending February 2027 is positioned as an extremely important execution year for making higher revenue and profit the norm, building on the earnings base established in the previous fiscal year. The Company aims to drive its growth trajectory through two pillars, a fundamental strengthening of the subscription delivery business and the creation of next-generation businesses. For the fiscal year ending February 2027, the Group plans net sales of ¥30,265 million, up 3.7% year on year, and expects operating profit of ¥237 million, up 10.4%.」
Based on operating profit of ¥215 million for the fiscal year ending February 2026, the Company positioned the fiscal year ending February 2027 as an execution year for making higher revenue and profit the norm, and presented plans for net sales of ¥30,265 million and operating profit of ¥237 million. - FY2026-H1AdvancedAnnual report
「As a result, operating income was ¥202 million, compared with an operating loss of ¥15 million in the same period of the previous year, marking a return to profitability.」
With the fiscal year ending February 2026 positioned as a period for establishing a growth trajectory, operating profit for the six months ended 31 August amounted to ¥202 million, representing a return to profitability from an operating loss in the same period of the previous fiscal year. - FY2025AdvancedAnnual report
「For the fiscal year ending February 2025, the Company returned to profitability and achieved higher profit year on year, although it did not reach the level of the earnings forecast issued at the beginning of the year. From a long-term perspective, it will continue initiatives focused on three areas, expanding the customer base, developing ongoing relationships with customers, and developing a second earnings pillar, with the aim of establishing a foundation for sustainable growth. The fiscal year ending February 2026 is positioned as a period for establishing a growth trajectory, and the Company aims to increase revenue and profit by further improving profitability. For the fiscal year ending February 2026, the Group plans net sales of ¥30,531 million, up 3.7% year on year, and expects operating profit of ¥137 million, up 94.1%, ordinary profit of ¥243 million, up 7.3%, and net income attributable to owners of the parent of ¥179 million, up 31.9%.」
The Company achieved a return to operating profitability in the fiscal year ending February 2025 and plans higher revenue and profit in the fiscal year ending February 2026, positioned as a period for establishing a growth trajectory. It presented targets including net sales of ¥30,531 million and operating profit of ¥137 million. - FY2025-Q1WorsenedAnnual report
「As a result, the operating loss was ¥102 million, compared with an operating loss of ¥15 million in the same period of the previous year.」
While pursuing a return to profitability and profit growth through growth in the core and new businesses, the operating loss widened from the same period of the previous fiscal year. The quarter indicates a retreat from the goal of sustainable profit growth. - FY2024SoftenedAnnual report
「For the fiscal year ending February 2025, the Group plans net sales of ¥31,205 million, up 5.4% year on year. The Company expects operating profit of ¥369 million, compared with an operating loss of ¥931 million in the previous fiscal year, ordinary profit of ¥450 million, compared with an ordinary loss of ¥612 million, and net income attributable to owners of the parent of ¥385 million, compared with a net loss of ¥858 million.」
The Company positioned the fiscal year ending February 2025 as a period of recovery to profitability and planned net sales of ¥31,205 million and operating profit of ¥369 million. The current plan is below the previously stated targets for that fiscal year of net sales of ¥40 billion and operating profit of ¥2 billion. - FY2024-Q3WorsenedAnnual report
「As a result of these activities, the Group's net sales for the nine months ended 30 November amounted to ¥21,870 million, down 8.5% year on year, and gross profit amounted to ¥11,552 million, down 9.2%. Although product shipping costs and business fees declined as shipments decreased, selling, general and administrative expenses amounted to ¥12,317 million, down 0.4%, due to active strategic spending on recruiting and developing new personnel and developing a next-generation web systems platform. As a result, the Company reported an operating loss of ¥764 million, compared with operating profit of ¥357 million in the same period of the previous fiscal year.」
Net sales and gross profit fell below the same period of the previous fiscal year, and the Company shifted from operating profit to an operating loss. The quarter indicates a retreat against the goal of sustainable profit growth through synergies between the core and new businesses. - FY2024-Q2WorsenedAnnual report
「As a result of these activities, the Group's net sales for the six months ended 31 August amounted to ¥15,056 million, down 6.3% year on year, and gross profit amounted to ¥8,054 million, down 6.6%. Although product shipping costs and business fees declined as shipments decreased, selling, general and administrative expenses amounted to ¥8,171 million, down 0.2%, due to active strategic spending on recruiting and developing new personnel and developing a next-generation web systems platform. As a result, the Company reported an operating loss of ¥116 million, compared with operating profit of ¥439 million in the same period of the previous fiscal year.」
Net sales and gross profit fell below the same period of the previous fiscal year, and the Company shifted from operating profit of ¥439 million to an operating loss of ¥116 million. The quarter indicates a retreat against the goals of growth in the core and new businesses and sustainable profit growth. - FY2024-Q1WorsenedAnnual report
「Although product shipping costs, business commissions and other expenses declined with the decrease in shipments, the Company actively made strategic investments in securing and training new personnel and optimizing operations through the development of a next-generation Web systems infrastructure. As a result, selling, general and administrative expenses were ¥4,133 million, down 0.1% year on year, and the Company posted an operating loss of ¥15 million, compared with operating income of ¥116 million in the same period of the previous year.」
While the Company proceeded with strategic spending on personnel and web systems, it shifted from operating profit to an operating loss, indicating a slowdown in sustainable profit growth through synergies between the core and new businesses. - FY2023WorsenedAnnual report
「For the fiscal year ending February 2024, the Group plans net sales of ¥33,367 million, up 3.8% year on year. The plan includes active spending on recruiting and developing new personnel, developing a next-generation web systems platform and optimizing operations through systems replacement to drive the three priority activities described above. It also reasonably factors in higher costs, including rising raw material and energy prices, increased logistics-related expenses and higher personnel expenses. As a result, the Company expects operating profit of ¥310 million, down 29.4%, ordinary profit of ¥369 million, down 54.9%, and net income attributable to owners of the parent of ¥327 million, down 51.2%.」
For the fiscal year ending February 2024, the Company plans higher sales but expects operating profit of ¥310 million, down 29.4% year on year, factoring in active investment and higher costs. The planned figures have weakened against the goal of sustainable profit growth. - FY2023-Q3WorsenedAnnual report
「As a result, operating profit amounted to ¥357 million, down 66.8% year on year.」
Operating profit remained positive, but fell 66.8% year on year, resulting in a decline in profit against the goal of sustainable profit growth through synergies between the core and new businesses. - FY2023-Q2WorsenedAnnual report
「As a result of these activities, the Group's net sales for the six months ended 31 August amounted to ¥16,066 million, down 4.9% year on year, while gross profit after deduction of cost of sales amounted to ¥8,625 million, down 5.8%.」
Net sales fell 4.9% year on year and operating profit fell 52.7%, indicating a decline in profit against the goal of sustainable profit growth through synergies between the core and new businesses. - FY2023-Q1WorsenedAnnual report
「As a result, operating income was ¥116 million, down 75.3% year on year.」
Operating profit fell 75.3% year on year, and the profit level for the quarter retreated from the same period of the previous fiscal year against the medium- to long-term targets for the fiscal year ending February 2025 of consolidated net sales of ¥40 billion and consolidated operating profit of ¥2 billion. - FY2022WorsenedAnnual report
「For the fiscal year ending February 2023, the Group plans consolidated net sales of ¥34,161 million, up 1.3% year on year. On the cost side, the Company expects selling and advertising expenses to increase as it seeks to establish a firm medium- to long-term growth trajectory, and plans to make active capital investments to develop a next-generation web systems platform and optimize operations through systems replacement. As a result, the Company expects consolidated operating profit of ¥916 million, down 30.1%, consolidated ordinary profit of ¥942 million, down 40.7%, and net income attributable to owners of the parent of ¥819 million, down 50.4%.」
For the fiscal year ending February 2023, the Company plans higher sales but expects consolidated operating profit of ¥916 million, down 30.1% year on year, assuming higher selling and advertising expenses and capital investment. The planned figures have weakened against the profit growth target. - FY2022-Q3WorsenedAnnual report
「Selling, general and administrative expenses increased to ¥12,474 million, up 3.3% year on year. Selling expenses such as product shipping costs rose as shipments increased, while advertising expenses increased due to various measures to acquire new customers and strengthen ongoing relationships with customers. Depreciation also increased following construction of the new head office building. As a result, operating profit was ¥1,078 million, down 9.4% year on year.」
While the Company implemented measures to expand its customer base and strengthen ongoing relationships, operating profit fell 9.4% year on year due to increases in shipping costs, advertising expenses and depreciation. Operating profit remained positive, but declined against the goal of sustainable profit growth. - FY2022-Q2AdvancedAnnual report
「As a result of these activities, the Group's net sales for the six months ended 31 August amounted to ¥16,894 million, up 4.5% year on year. Operating profit amounted to ¥930 million, up 0.7% year on year.」
Net sales amounted to ¥16,894 million and operating profit to ¥930 million, resulting in year-on-year increases in both revenue and profit. The results for the quarter indicate progress toward the goals of returning to operating profitability and achieving profit growth. - FY2022-Q1AdvancedAnnual report
「As a result of these activities, the Group's net sales for the three months ended 31 May amounted to ¥8,692 million, up 20.8% year on year. Operating profit amounted to ¥471 million, compared with operating profit of ¥26 million in the same period of the previous fiscal year.」
Net sales amounted to ¥8,692 million, up 20.8% year on year, and operating profit amounted to ¥471 million. Concrete progress was made year on year toward the medium- to long-term targets for the fiscal year ending February 2025 of net sales of ¥40 billion and operating profit of ¥2 billion. - FY2021RaisedAnnual report
「By focusing on the above measures in the fiscal year ending February 2022, the Company aims to achieve steady growth in sales and profit from the fiscal year ending February 2023 onward, and has set targets of consolidated net sales of ¥40,000 million and consolidated operating profit of ¥2,000 million for the fiscal year ending February 2025.」
In addition to its previous policy of returning to operating profitability and achieving profit growth, the Company has set medium- to long-term numerical targets of consolidated net sales of ¥40 billion and consolidated operating profit of ¥2 billion for the fiscal year ending February 2025. - FY2021-Q3AdvancedAnnual report
「As a result, operating income was ¥1,189 million, up 1,122.6% year on year.」
Operating profit rose 1,122.6% year on year to ¥1,189 million, indicating concrete progress toward the goals of returning to operating profitability and achieving profit growth, following the downward profit trend that continued through the previous fiscal year. - FY2021-Q2AdvancedAnnual report
「As a result of these activities, the Group's net sales for the six months ended 30 September amounted to ¥16,167 million, up 18.5% year on year. Operating profit amounted to ¥924 million, up 371.4% year on year.」
Against the backdrop of customer acquisition and sales growth in the core and new businesses, net sales amounted to ¥16,167 million and operating profit to ¥924 million. Operating profit rose 371.4% year on year, indicating concrete progress from the downward profit trend that continued through the previous fiscal year. - FY2021-Q1WorsenedAnnual report
「Selling, general and administrative expenses increased to ¥3,777 million, up 3.1% year on year. Advertising expenses rose as the Company actively placed online advertisements and television commercials to expand its customer base during the first half. In addition, shipments increased as the number of customers grew and the number of separate shipments rose due to delays in product procurement caused by the COVID-19 pandemic, resulting in higher selling expenses such as product shipping costs. Equipment expenses, including depreciation, also increased. As a result, operating profit was ¥26 million, down 8.2% year on year.」
Operating profit fell 8.2% year on year due to measures to expand the customer base and increases in shipping and equipment expenses. Operating profit remained positive, but profit has continued to decline against the goal of sustainable profit growth. - FY2020WorsenedAnnual report
「As objective indicators for assessing the status of achievement of management policies, management strategies and management targets, the Company expects consolidated net sales of ¥29,587 million, up 3.4% year on year, consolidated operating profit of ¥58 million, down 80.7%, consolidated ordinary profit of ¥128 million, down 64.8%, and net income attributable to owners of the parent of ¥105 million, down 71.1%, for the fiscal year ending February 2021.」
While operating profit is also expected to remain positive for the fiscal year ending February 2021, the plan calls for operating profit of ¥58 million, down 80.7% from the previous fiscal year, making the slowdown in sustainable profit growth even clearer. - FY2020-Q3WorsenedAnnual report
「Selling, general and administrative expenses were ¥11,151 million, up 1.5% year on year, due to higher selling expenses accompanying higher delivery unit costs and higher facility expenses, including depreciation. As a result, operating income was ¥97 million, down 48.5% year on year.」
Operating profit remained positive, but fell 48.5% year on year. Profit has continued to decline against the goal of sustainable profit growth. - FY2020-Q2WorsenedAnnual report
「Selling, general and administrative expenses were ¥7,224 million, up 2.0% year on year, due to higher delivery unit costs and increased facility expenses and other costs. As a result, operating income was ¥196 million, down 27.3% year on year.」
Operating profit remained positive, but fell 27.3% year on year. Against the goal of profit growth driven by the core and new businesses, profit has continued to decline amid higher costs. - FY2020-Q1WorsenedAnnual report
「Selling, general and administrative expenses were ¥3,662 million, up 2.2% year on year, due to increases in selling expenses resulting from higher shipping costs and higher equipment expenses. As a result, operating profit was ¥29 million, down 84.2% year on year.」
Operating profitability continued, but operating profit fell 84.2% year on year due to higher costs from increased shipping charges and equipment expenses. The slowdown against the goal of sustainable profit growth continued. - FY2019WorsenedAnnual report
「For the fiscal year ending February 2020, the company expects consolidated sales of ¥30,276 million, up 4.8% year on year; consolidated operating profit of ¥116 million, down 78.1%; consolidated ordinary profit of ¥195 million, down 73.0%; and profit attributable to owners of the parent of ¥183 million, down 73.6%.」
The company plans to remain profitable at the operating level, but operating profit for the fiscal year ending February 2020 is expected to be ¥116 million, down 78.1% from current-year results of ¥534 million, indicating a slowdown against the goal of sustainable profit growth. - FY2019-Q3WorsenedAnnual report
「As a result, operating profit was ¥188 million, down 58.8% year on year.」
Operating profitability was maintained, but operating profit fell 58.8% year on year, representing lower profit against the goal of sustainable profit growth. - FY2019-Q2WorsenedAnnual report
「As a result, operating income was ¥269 million, down 41.5% year on year.」
Operating profitability was maintained, but operating profit fell 41.5% year on year, representing lower profit against the goal of sustainable profit growth. - FY2019-Q1RestatedAnnual report
「As a result, operating profit was ¥184 million, down 25.1% year on year.」
Against the goal of achieving operating profitability at an early stage, the company maintained profitability by posting operating profit of ¥184 million for the quarter. However, profit was lower year on year. - FY2018AdvancedAnnual report
「The Group's key financial targets for the fiscal year ending February 2019 are consolidated sales of ¥30,215 million, up 3.2% year on year; consolidated operating profit of ¥517 million, down 39.8%; consolidated ordinary profit of ¥576 million, down 37.1%; and profit attributable to owners of the parent of ¥563 million, down 43.4%.」
Operating profit was ¥859 million for the year, confirming full-year progress toward achieving operating profitability at an early stage. For the following fiscal year, the company has set specific numerical targets, including higher sales and lower profit. - FY2018-Q3RestatedAnnual report
「As a result, operating profit was ¥458 million, compared with an operating loss of ¥447 million in the same period of the previous year.」
Against the goal of achieving operating profitability at an early stage, the company continued to post operating profit, recording ¥458 million for the nine months ended the third quarter and remaining profitable compared with the operating loss in the same period of the previous year. - FY2018-Q2AdvancedAnnual report
「Operating profit was ¥461 million, compared with an operating loss of ¥87 million in the same period of the previous year, mainly due to lower selling, general and administrative expenses.」
Against the goal of achieving operating profitability at an early stage, the company posted operating profit of ¥461 million for the six months ended the second quarter, turning profitable from the operating loss recorded in the same period of the previous year. - FY2018-Q1AdvancedAnnual report
「Operating income was ¥246 million, compared with an operating loss of ¥54 million in the same period of the previous year.」
Against the previous goal of achieving operating profitability at an early stage, the company showed concrete progress by posting operating profit of ¥246 million in the first quarter. However, it does not state that the overall goal has been achieved or that sustainable growth has been completed. - FY2017First statedAnnual report
「We will enhance synergies between our core and new businesses, build a unique business structure resilient to changes in the environment, achieve operating profitability at an early stage and pursue sustainable profit growth.」
This is the first explicit statement of goals to build a business structure through synergies between the core and new businesses, achieve operating profitability at an early stage and deliver sustainable profit growth.