Improving Capital Efficiency and Building a More Profitable Corporate Structure
First written in FY2016. 11 of 23 entries say "Advanced", first in FY2020. Latest entry: 2026-09-30.
Inaba Seisakusho moved to the "Worse" side of this theme in 2021, 5 years before the typical company in this theme (2026).
The whole theme swung hardest in 2020: 13 of 67 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026-H1AdvancedAnnual report
「Net sales were ¥19,744 million, down 0.8% year on year; operating profit was ¥637 million, up 19.4%; ordinary profit was ¥831 million, up 18.5%; and interim net profit attributable to owners of the parent was ¥621 million, up 41.1%.」
Although revenue declined, operating profit, ordinary profit and interim net profit increased year on year, demonstrating a measurable improvement in profitability. - FY2025WorsenedAnnual report
「The ordinary profit margin on sales was 8.0%, compared with 7.4% in the previous fiscal year. Operating profit before depreciation and amortization was ¥4,885 million, compared with ¥4,583 million, and the operating profit before depreciation and amortization margin on sales was 11.5%, compared with 11.0%. Return on equity was 5.7%, up 1.0 percentage points year on year.」
This repeats the previous fiscal year's results, but the current filing shows that the trend for the current period has deteriorated, with the ordinary profit margin on sales, EBITDA margin and return on equity declining to 5.2%, 9.2% and 3.5%, respectively. - FY2025-H1WorsenedAnnual report
「Against this backdrop, the Group sought to increase net sales and operating income, but net sales, operating income, ordinary income and interim net income attributable to owners of the parent all declined from the same period of the previous year, due to lower revenue from the office furniture business, higher purchase prices, depreciation, energy costs, labour and personnel expenses, and a higher cost ratio resulting from lower production output.」
Despite a policy focused on profitability, key profit indicators declined year on year as higher purchase prices, energy costs, labor and personnel expenses, and a higher cost ratio resulting from lower production volumes weighed on results. - FY2024AdvancedAnnual report
「The ordinary profit margin on sales was 8.0%, compared with 7.4% in the previous fiscal year. Operating profit before depreciation and amortization was ¥4,885 million, compared with ¥4,583 million, and the operating profit before depreciation and amortization margin on sales was 11.5%, compared with 11.0%. Return on equity was 5.7%, up 1.0 percentage points year on year.」
The key ordinary profit margin on sales, operating profit before depreciation and amortization, its margin and return on equity all improved from the previous fiscal year. - FY2024-Q3AdvancedAnnual report
「As a result, for the nine months ended 31 December, net sales were ¥31,545 million, down 0.2% year on year; operating profit was ¥2,570 million, up 14.1%; ordinary profit was ¥2,808 million, up 11.3%; and net profit attributable to owners of the parent was ¥2,012 million, up 27.3%.」
Despite lower revenue, operating profit, ordinary profit and net profit exceeded the year-earlier period, with progress in profitability improvement shown in the cumulative third-quarter figures. - FY2024-Q2AdvancedAnnual report
「As a result, for the six months ended 30 September, net sales were ¥20,041 million, down 1.3% year on year; operating profit was ¥1,363 million, up 21.4%; ordinary profit was ¥1,544 million, up 19.3%; and net profit attributable to owners of the parent was ¥1,136 million, up 32.1%.」
While revenue declined year on year, operating profit, ordinary profit and net profit increased, with the improvement in profitability also shown in specific figures for the cumulative second quarter. - FY2024-Q1WorsenedAnnual report
「Operating profit was ¥592 million, down 24.3% year on year; ordinary profit was ¥683 million, down 20.9%; and net profit attributable to owners of the parent was ¥458 million, down 20.5%.」
Although revenue increased, operating profit, ordinary profit and net profit for the quarter all declined year on year, contrary to the policy of emphasizing profitability. - FY2023AdvancedAnnual report
「The ordinary profit margin on sales was 7.4%, up 0.1 percentage points from forecast. Operating profit before depreciation and amortization was ¥4,583 million, representing an achievement rate of 100.8%, and the operating profit before depreciation and amortization margin on sales was 11.0%, up 0.3 percentage points from forecast. Return on equity was 4.7%, up 0.9 percentage points year on year.」
The key ordinary profit margin on sales improved from 5.8% in the previous fiscal year to 7.4%, while return on equity improved from 3.8% to 4.7%. Operating profit before depreciation and amortization was also ¥4,583 million, exceeding forecast. - FY2023-Q3AdvancedAnnual report
「As a result, for the nine months ended 31 December, net sales were ¥31,623 million, up 11.6% year on year; operating profit was ¥2,251 million, up 92.6%; ordinary profit was ¥2,523 million, up 71.9%; and net profit attributable to owners of the parent was ¥1,581 million, up 65.1%.」
Operating profit, ordinary profit and net profit for the cumulative first 3 quarters were all substantially above the year-earlier period, with progress in higher revenue and higher profits despite the policy of emphasizing profitability. - FY2023-Q2AdvancedAnnual report
「As a result, for the six months ended 30 September, net sales were ¥20,305 million, up 13.7% year on year; operating profit was ¥1,122 million, up 227.9%; ordinary profit was ¥1,294 million, up 142.0%; and net profit attributable to owners of the parent was ¥860 million, up 166.8%.」
Following the decline in profitability in the previous fiscal year, operating profit, ordinary profit and net profit improved substantially in the cumulative second quarter. - FY2023-Q1AdvancedAnnual report
「As a result, for the three months ended 30 June, net sales were ¥9,892 million, up 7.8% year on year; operating profit was ¥782 million, up 198.8%; ordinary profit was ¥864 million, up 144.0%; and net profit attributable to owners of the parent was ¥576 million, up 165.9%.」
Against the backdrop of declining profitability in the previous fiscal year, operating profit, ordinary profit and net profit for the quarter were all substantially above the year-earlier period. - FY2022WorsenedAnnual report
「The ordinary profit margin on sales was 5.8%, 1.8 percentage points above forecast.」
Although the key ordinary profit margin on sales exceeded forecast, it declined to 5.8% from 8.1% in the previous fiscal year. Return on equity was also 3.8%, down from 6.0% in the previous fiscal year. - FY2022-Q3WorsenedAnnual report
「Operating profit was ¥1,169 million, down 48.9% year on year; ordinary profit was ¥1,467 million, down 41.3%; and net profit attributable to owners of the parent was ¥957 million, down 44.8%.」
Operating profit, ordinary profit and net profit for the cumulative first 3 quarters were all substantially below the year-earlier period, contrary to the policy of emphasizing profitability. - FY2022-Q2WorsenedAnnual report
「As a result, for the six months ended 30 September, net sales were ¥17,864 million, down 1.5% year on year; operating profit was ¥342 million, down 73.9%; ordinary profit was ¥534 million, down 63.2%; and net profit attributable to owners of the parent was ¥322 million, down 66.4%.」
Revenue declined, and operating profit, ordinary profit and net profit were all substantially below the year-earlier period, contrary to the policy of emphasizing profitability. - FY2022-Q1WorsenedAnnual report
「Operating profit was ¥261 million, down 65.6% year on year; ordinary profit was ¥354 million, down 57.4%; and net profit attributable to owners of the parent was ¥216 million, down 60.6%.」
Although revenue increased, operating profit, ordinary profit and net profit were all substantially below the year-earlier period, contrary to the policy of emphasizing profitability. - FY2020AdvancedAnnual report
「The ordinary profit margin on sales was 6.1%, down 0.1 percentage points year on year, while operating profit before depreciation and amortization was ¥3,300 million, up 7.9% year on year.」
The company’s key ordinary profit margin on sales was 6.1%, and operating profit before depreciation and amortization was ¥3,300 million, the latter increasing from the previous fiscal year. It also set a target ordinary profit margin on sales of 4.7% and other targets for the following fiscal year. - FY2018WorsenedAnnual report
「The ordinary profit margin on sales for the current consolidated fiscal year was 2.1%, down 0.7 percentage points year on year. Operating profit before depreciation and amortization was ¥1,942 million, down ¥254 million year on year, a decrease of 11.6%.」
The ordinary profit margin on sales, a medium- to long-term management indicator, declined to 2.1%, and operating profit before depreciation and amortization also decreased. - FY2017RestatedAnnual report
「The Group regards the ordinary profit margin on sales as a key medium- to long-term management indicator. It will maintain a constant cost-conscious approach, work to improve earnings, and seek to establish a stable and robust management base while improving capital efficiency.」
The company continues to use the ordinary profit margin on sales, earnings improvement and capital efficiency improvement as medium- to long-term management indicators and objectives, but has not provided specific numerical targets. - FY2016First statedAnnual report
「The company will implement measures across the Group to address these issues, work to improve capital efficiency and pursue management aimed at building a highly profitable corporate structure.」
The company has indicated a policy of improving capital efficiency through Group-wide initiatives and building a highly profitable corporate structure.