Building a Strong Earnings Base
First written in FY2016. 13 of 38 entries say "Restated". Latest entry: 2026-10-23.
Tokai Senko K.K. moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
10 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「For the fiscal year, net sales were ¥13,783 million, representing the first decline in six periods, operating income was ¥163 million, ordinary income was ¥310 million, and net income attributable to owners of the parent was ¥202 million, with profit declining at every level.」
Net sales declined for the first time in 6 periods, and operating income, ordinary income and net income attributable to owners of the parent all decreased from the previous fiscal year. - FY2026-H1Return to operating profitability and higher net income despite lower salesAnnual report
「As a result, net sales were ¥6,633 million (down 0.9% year on year, a decrease of ¥57 million), operating income was ¥62 million (compared with operating loss of ¥3 million in the same period of the previous year), ordinary income was ¥91 million (down 18.4% year on year, a decrease of ¥20 million), and interim net income attributable to owners of the parent was ¥27 million (up 37.1% year on year, an increase of ¥7 million).」
While net sales and ordinary income declined, operating results moved from a loss in the same period of the previous year to income of ¥62 million, and interim net income attributable to owners of the parent also increased. Improvement and deceleration in the earnings base coexisted. - FY2025AdvancedAnnual report
「Under these circumstances, the Group made improvement in the profitability of its domestic dyeing and finishing business its highest priority. It pursued earnings improvement through ongoing price pass-through, a review of transaction terms, productivity gains and reductions in raw material and energy consumption per unit, achieving a certain level of results, although they remain insufficient.」
The company identified improving the profitability of its domestic dyeing and finishing business as its highest priority, and pursued price pass-through, a review of transaction terms, productivity gains and reductions in consumption per unit, achieving a certain level of results. For the full year, net sales increased for the fourth consecutive period, and profit increased at every level. - FY2025-H1AdvancedAnnual report
「As a result, net sales were ¥6,691 million (up 3.5% year on year, an increase of ¥225 million), operating loss was ¥3 million (compared with operating loss of ¥116 million in the same period of the previous year), ordinary income was ¥111 million (compared with ordinary loss of ¥109 million), and interim net income attributable to owners of the parent was ¥20 million (compared with interim net loss attributable to owners of the parent of ¥89 million).」
In addition to higher sales, operating loss narrowed from ¥116 million to ¥3 million, and ordinary income and interim net income attributable to owners of the parent returned to profitability. Measurable improvement toward recovery of the earnings base was demonstrated. - FY2024Third consecutive period of higher sales and a return to net profitability, but lower operating incomeAnnual report
「For the fiscal year, net sales were ¥13,215 million, representing the third consecutive period of growth, operating income was ¥42 million, ordinary income was ¥135 million, and net income attributable to owners of the parent was ¥129 million.」
While net sales increased for the third consecutive period and net income attributable to owners of the parent returned to profitability, operating income declined year on year, indicating that recovery of the earnings base remains under way. - FY2024-Q3Marginally higher sales, a return to an operating loss and a narrower net lossAnnual report
「As a result, net sales were ¥9,890 million (up 0.3% year on year, an increase of ¥34 million), operating loss was ¥34 million (compared with operating income of ¥33 million in the same period of the previous year), ordinary income was ¥48 million (down 67.6% year on year, a decrease of ¥101 million), and quarterly net loss attributable to owners of the parent was ¥30 million (compared with quarterly net loss attributable to owners of the parent of ¥45 million).」
While net sales increased marginally, the company moved from operating income to an operating loss, and ordinary income also declined. However, quarterly net loss attributable to owners of the parent narrowed from the same period of the previous year. - FY2024-Q2Revenue Growth and Reduced LossesAnnual report
「As a result, net sales were ¥6,465 million (up 6.1% year on year, an increase of ¥371 million), operating loss was ¥116 million (compared with operating loss of ¥186 million in the same period of the previous year), ordinary loss was ¥109 million (compared with ordinary loss of ¥112 million), and quarterly net loss attributable to owners of the parent was ¥89 million (compared with quarterly net loss attributable to owners of the parent of ¥187 million).」
Net sales increased, and operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the same period of the previous year, but losses remained at every profit level. - FY2024-Q1Operating, ordinary and net losses widened despite higher salesAnnual report
「As a result, net sales were ¥3,120 million (up 1.4% year on year, an increase of ¥43 million), operating loss was ¥142 million (compared with operating loss of ¥89 million in the same period of the previous year), ordinary loss was ¥149 million (compared with ordinary loss of ¥59 million), and quarterly net loss attributable to owners of the parent was ¥127 million (compared with quarterly net loss attributable to owners of the parent of ¥103 million).」
While net sales increased 1.4% year on year, operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the same period of the previous year. - FY2023Higher sales and ordinary income, but lower operating income and a net lossAnnual report
「For the fiscal year, net sales were ¥13,057 million, representing the second consecutive period of growth, operating income was ¥51 million, ordinary income was ¥189 million, and net loss attributable to owners of the parent was ¥100 million.」
While net sales increased for the second consecutive period and ordinary income also rose, operating income declined and the company recorded net loss attributable to owners of the parent. - FY2023-Q3Higher sales and ordinary income, but lower operating income and a net lossAnnual report
「As a result, net sales were ¥9,856 million (up 22.1% year on year, an increase of ¥1,782 million), operating income was ¥33 million (down 61.1% year on year, a decrease of ¥52 million), ordinary income was ¥150 million (up 21.9% year on year, an increase of ¥27 million), and quarterly net loss attributable to owners of the parent was ¥45 million (compared with quarterly net income attributable to owners of the parent of ¥68 million).」
While net sales increased 22.1% year on year and ordinary income rose, operating income declined 61.1%, and the company moved to a quarterly net loss attributable to owners of the parent. - FY2023-Q2Losses widened despite higher revenueAnnual report
「As a result, net sales were ¥6,094 million (up 18.3% year on year, an increase of ¥943 million), operating loss was ¥186 million (compared with operating loss of ¥53 million in the same period of the previous year), ordinary loss was ¥112 million (compared with ordinary loss of ¥23 million), and quarterly net loss attributable to owners of the parent was ¥187 million (compared with quarterly net income attributable to owners of the parent of ¥7 million).」
While net sales increased 18.3% year on year, operating loss and ordinary loss widened, and the company moved from quarterly net income to net loss attributable to owners of the parent. - FY2023-Q1WorsenedAnnual report
「As a result, net sales were ¥3,077 million (up 17.9% year on year, an increase of ¥466 million), operating loss was ¥89 million (compared with operating loss of ¥30 million in the same period of the previous year), ordinary loss was ¥59 million (compared with ordinary income of ¥0 million), and quarterly net loss attributable to owners of the parent was ¥103 million (compared with quarterly net loss attributable to owners of the parent of ¥28 million).」
While net sales increased 17.9% year on year, operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all worsened from the same period of the previous year, contrary to a recovery in the earnings base. - FY2022AdvancedAnnual report
「Net sales were ¥11,142 million, representing the first increase in six periods, while operating income was ¥73 million, ordinary income was ¥115 million and net income attributable to owners of the parent was ¥48 million, with each level of profit in the black.」
Net sales increased for the first time in 6 periods, and operating income, ordinary income and net income attributable to owners of the parent returned to profitability. Recovery of the earnings base was reflected in the full-year results. - FY2022-Q3AdvancedAnnual report
「As a result, net sales were ¥8,073 million (up 2.0% year on year, an increase of ¥159 million), operating income was ¥85 million (compared with operating loss of ¥144 million in the same period of the previous year), ordinary income was ¥123 million (compared with ordinary loss of ¥53 million), and quarterly net income attributable to owners of the parent was ¥68 million (compared with quarterly net loss attributable to owners of the parent of ¥186 million).」
From lower net sales, operating loss, ordinary loss and net loss in the same period of the previous year, net sales increased 2.0% and operating income, ordinary income and quarterly net income attributable to owners of the parent returned to profitability. - FY2022-Q2Narrower losses and a return to net profitability despite lower salesAnnual report
「As a result, net sales were ¥5,150 million (down 3.7% year on year, a decrease of ¥200 million), operating loss was ¥53 million (compared with operating loss of ¥224 million in the same period of the previous year), ordinary loss was ¥23 million (compared with ordinary loss of ¥156 million), and quarterly net income attributable to owners of the parent was ¥7 million (compared with quarterly net loss attributable to owners of the parent of ¥256 million).」
While net sales declined year on year, the operating loss and ordinary loss narrowed, and quarterly net income attributable to owners of the parent returned to profitability at ¥7 million. - FY2022-Q1Losses narrowed despite lower revenueAnnual report
「As a result, net sales were ¥2,611 million (down 12.4% year on year, a decrease of ¥371 million), operating loss was ¥30 million (compared with operating loss of ¥40 million in the same period of the previous year), ordinary income was ¥0 million (down 99.1% year on year, a decrease of ¥31 million), and quarterly net loss attributable to owners of the parent was ¥28 million (compared with quarterly net loss attributable to owners of the parent of ¥73 million).」
While net sales declined and ordinary income fell sharply year on year, the operating loss and quarterly net loss attributable to owners of the parent narrowed from the same period of the previous year. - FY2021-Q3WorsenedAnnual report
「As a result, net sales were ¥7,914 million (down 24.0% year on year, a decrease of ¥2,504 million), operating loss was ¥144 million (compared with operating income of ¥545 million in the same period of the previous year), ordinary loss was ¥53 million (compared with ordinary income of ¥544 million), and quarterly net loss attributable to owners of the parent was ¥186 million (compared with quarterly net loss attributable to owners of the parent of ¥413 million).」
Net sales declined 24.0% year on year, and the company recorded an operating loss and ordinary loss. Quarterly net loss attributable to owners of the parent narrowed from the same period of the previous year, but deterioration of the earnings base continued. - FY2021-Q2WorsenedAnnual report
「As a result, net sales were ¥5,351 million (down 20.6% year on year, a decrease of ¥1,391 million), operating loss was ¥224 million (compared with operating income of ¥257 million in the same period of the previous year), ordinary loss was ¥156 million (compared with ordinary income of ¥249 million), and quarterly net loss attributable to owners of the parent was ¥256 million (compared with quarterly net income attributable to owners of the parent of ¥71 million).」
While advancing efforts to strengthen its earnings base, net sales declined 20.6% year on year, and the company recorded an operating loss, ordinary loss and quarterly net loss attributable to owners of the parent. - FY2021-Q1WorsenedAnnual report
「For the cumulative first quarter, net sales were ¥2,982 million (down 13.2% year on year, a decrease of ¥453 million), operating loss was ¥40 million (compared with operating income of ¥123 million in the same period of the previous year), and ordinary income was ¥31 million (down 73.6% year on year, a decrease of ¥88 million). Net loss attributable to owners of the parent was ¥73 million (a decrease of ¥44 million year on year).」
While strengthening its earnings base, the company reported lower net sales and recorded an operating loss and a quarterly net loss attributable to owners of the parent in the first quarter. - FY2020WorsenedAnnual report
「Revenue amounted to ¥14,010 million, marking the fourth consecutive fiscal year of declining revenue. Operating profit was ¥617 million, ordinary profit was ¥604 million, down for the third consecutive fiscal year, and net loss attributable to owners of the parent was ¥551 million, compared with net income attributable to owners of the parent of ¥409 million in the previous fiscal year. This resulted in the third consecutive fiscal year of lower profit and the third consecutive fiscal year of lower revenue and lower profit.」
While the Group has set out a policy of strengthening its earnings base, full-year revenue declined for the fourth consecutive fiscal year, revenue and profit declined for the third consecutive fiscal year, and the company recorded a net loss attributable to owners of the parent. - FY2020-Q3RestatedAnnual report
「Against this backdrop, in its domestic dyeing and processing business the Group continued to review processing fees, improve transaction terms and reduce costs, while also focusing on new product development. Overseas, its Indonesian subsidiary worked to acquire new customers in East Java, including Surabaya, to further expand its business. Its Thai subsidiary pursued productivity improvements, quality improvements and new-material development, while working to expand orders in neighboring countries.」
The Group continues its policy of strengthening its overall earnings base by combining improvements in domestic pricing, transaction terms and costs with overseas customer development, quality improvements and new-material development. - FY2020-Q2RestatedAnnual report
「Against this backdrop, in the dyeing and processing business the Group continued to review processing fees, improve transaction practices and reduce costs in Japan. Overseas, its Indonesian subsidiary captured demand against a backdrop of stable domestic consumption, while its Thai subsidiary pursued productivity and quality improvements as part of its turnaround. At the same time, to expand businesses related to dyeing, the Group worked to develop new customers in its sewn-product and textile-sales businesses, improve earnings in its childcare-services business, expand sales channels in its machinery-sales business and increase transaction volume in its laundry business.」
The Group continues its established policy of strengthening overall earnings power by combining earnings improvements in its domestic and overseas dyeing and processing businesses with expansion of peripheral businesses such as childcare services, machinery sales and laundry. - FY2020-Q1RestatedAnnual report
「Against this backdrop, in the dyeing and processing business the Group continued to focus domestically on reviewing processing fees, improving transaction practices and reducing costs in its processing-fee operations. Overseas, its Indonesian subsidiary worked to capture strong domestic demand, while its Thai subsidiary reviewed its production structure and worked to improve quality as part of its turnaround. At the same time, to expand sales in peripheral businesses, the Group worked to increase sales in its sewn-product and textile-sales businesses, improve earnings in its childcare-services business, expand sales in its machinery-sales business and increase transaction volume in its laundry business, strengthening earnings power across all business areas.」
The Group continues its established policy of strengthening earnings power across all business areas, including domestic and overseas dyeing and processing, sewn products, textiles, childcare services, machinery sales and laundry. - FY2019RestatedAnnual report
「In its core dyeing and processing business, the Group will actively expand overseas while building a management foundation in Japan capable of securing stable earnings.」
The Group continues its established policy of combining overseas expansion with the creation of a stable domestic earnings base. - FY2019-Q3RestatedAnnual report
「Against this backdrop, in Japan the Group's dyeing and processing business worked to expand orders in non-apparel fields and continued shifting toward a profitability-focused sales policy.」
The Group continues its established policy of strengthening its earnings base through increased orders in non-apparel fields and a shift in sales toward a focus on profitability. - FY2019-Q2RestatedAnnual report
「Against this backdrop, in Japan the Group strengthened orders in non-apparel fields in the dyeing and processing business and shifted its knitting-processing sales measures toward a focus on profitability. Overseas, it strengthened order-taking activities to expand exports in Indonesia, while in Thailand it worked to win orders through new product development and improve existing-customer satisfaction through quality improvements.」
The Group continues to pursue a policy of strengthening its earnings base through stronger orders in non-apparel fields, a shift toward profitability-focused knitting-processing operations and stronger overseas orders. - FY2019-Q1RestatedAnnual report
「Against this backdrop, in Japan the Group further strengthened orders in non-apparel fields in the dyeing and processing business. Overseas, it strengthened textile exports in Indonesia by acquiring new customers, while in Thailand it strengthened relationships with existing customers and dispatched engineers to improve quality. To address soaring raw-material prices, it pursued higher processing fees and revised transaction terms, while strengthening cost-reduction activities at each production site. In its non-textile businesses, in addition to expanding the childcare-services business and increasing capacity in the laundry business, it pursued active sales activities in the machinery-sales business, working to increase the non-textile business ratio and build a foundation for securing earnings.」
The Group continues its established policy of strengthening its earnings base by combining orders in non-apparel fields, overseas business, cost reductions and expansion of non-textile businesses. - FY2018-Q3RestatedAnnual report
「Against this backdrop, in its domestic textile business the Group pursued a sales strategy focused on profitability and strengthened orders in non-apparel fields, where stable sales are expected. Overseas, it worked to strengthen orders from existing customers and expand orders through the stable supply of high-priced, high-quality products. In response to the decline in unit sales prices associated with expanding orders in non-apparel fields, it advanced cost-reduction and energy-saving initiatives at each production site, while proactively investing in facility expansions and upgrades to improve productivity.」
The Group continues to pursue a policy of strengthening its earnings base by combining profitability-focused sales, stronger orders in non-apparel fields, expanded overseas orders, cost reduction and energy conservation, and capital investment. - FY2018-Q1RestatedAnnual report
「Against this backdrop, in Japan the Group strengthened orders in non-apparel fields in the dyeing and processing business, where stable sales can be secured. Overseas, it strengthened relationships with existing customers in Indonesia and Thailand and planned to expand sales channels for the domestic market in Myanmar, promoting active business development. It also strengthened cost-reduction activities at each production site to address lower processing fees associated with the shift away from apparel. In addition, it focused on expanding non-textile businesses, including the childcare-services business, a growth business, and the launch of a laundry business, and worked to build a foundation for securing profits on an ongoing basis.」
The Group continues to pursue its established policy of securing recurring profits through orders in non-apparel fields, relationships with overseas customers, cost reductions, and expansion of non-textile businesses including childcare services and laundry. - FY2017RestatedAnnual report
「Against this backdrop, the Group accelerated its overseas business expansion while pursuing initiatives in each business to strengthen earnings power and build a solid earnings base.」
For the full fiscal year, the Group continues to pursue its policy of building a solid earnings base by accelerating overseas expansion and strengthening earnings power in each business. - FY2017-Q3RestatedAnnual report
「Against this backdrop, the Group is strengthening orders in uniforms and other non-apparel fields in Japan, where stable sales can be secured in the dyeing and processing business. Overseas, in addition to establishing a sales company in the Philippines to develop new markets, it is working to further expand sales in Indonesia, where demand is strong. At the same time, to address lower processing fees associated with the shift away from apparel, it further strengthened cost-reduction activities at domestic and overseas production sites and worked to improve earnings power across the Group.」
The Group continues to pursue stronger orders in uniforms and other non-apparel fields, higher sales in Southeast Asia and cost reductions in Japan and overseas to improve earnings power. - FY2017-Q2RestatedAnnual report
「Against this backdrop, the Group is strengthening orders in the domestic dyeing and processing business in non-apparel fields, where stable orders are expected. Overseas, it is actively expanding its business, including by establishing a new sales company in the Philippines. At the same time, to address lower processing fees associated with the shift away from apparel, it is strengthening cost-reduction activities at domestic and overseas production sites and working to improve earnings power across the Group.」
The Group continues to improve earnings power by strengthening orders in non-apparel fields, expanding its overseas business and reducing costs at each production site. - FY2017-Q1RestatedAnnual report
「To address the decline in sales associated with the shift away from apparel, the Group further strengthened cost-reduction activities at its domestic and overseas production sites and worked to improve earnings power across the Group.」
In response to lower sales caused by the shift away from apparel, the Group has strengthened cost reduction at domestic and overseas production sites and continues to improve earnings power. - FY2016First statedAnnual report
「The Group is pursuing initiatives in each business to strengthen earnings power and, in particular, is accelerating its overseas business expansion in order to build a solid earnings base.」
The Group has stated a policy of strengthening its earnings base by improving earnings power in each business and expanding overseas.