Technoflex (3449) · FactDropped
Profit decline in the Fittings Business due to higher selling, general and administrative expenses
First written in FY2020-Q3. 1 of 2 entries say "Dropped", first in FY2021-Q1. Latest entry: FY2021-Q1.
2entries
2years
0from disclosures
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Same theme, other companies
Lower Profit Due to Higher SG&A Expenses in the Fittings BusinessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2021-Q1DroppedAnnual report本四半期報告書では、継手事業の販管費増加を減益要因とする直接の記載が確認できない。
- FY2020-Q3First statedAnnual report
「Although overall sales in the Fittings business increased, mainly due to higher vacuum-equipment sales accompanying increased 5G-related capital investment, higher SG&A expenses reduced profit. As a result, sales were ¥8,339 million, up 2.4% year on year, and segment profit was ¥1,586 million, down 0.5%.」
The Company attributed lower profit in the Fittings business to higher SG&A expenses despite sales growth driven by 5G-related demand.