Declining revenue and profit due to the completion of major projects and project problems
First written in FY2016. 17 of 38 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-10-30.
Netyear Group moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2024: 18 of 59 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2026Higher revenue, a substantial increase in operating profit, and a return to net profitabilityAnnual report
「For the fiscal year, revenue was ¥3,672 million, up 8.7% year on year; operating income was ¥331 million, up 301.6%; and ordinary income was ¥337 million, up 306.2%. Net income was ¥173 million, compared with a net loss of ¥33 million in the previous fiscal year, due to recording an extraordinary loss of ¥85 million for costs related to considering financial strategies aimed at enhancing corporate value over the medium to long term, ¥91 million in corporate, inhabitant and enterprise taxes and negative deferred income taxes of ¥14 million.」
Revenue increased, and operating income and ordinary income rose substantially. Net loss in the previous fiscal year changed to net income, with performance improving at both the operating and bottom-line levels. - 2026-05-29Cited as achievedGeneral Meetings of Shareholders
「以上の結果、当事業年度の経営成績は、売上高3,672百万円（前事業年度比8.7％増）、営業利益331百万円（前事業年度比301.6％増）、経常利益337百万円（前事業年度比306.2％増）となりました。当期純利益は、中長期的な企業価値向上を目的とした財務戦略検討費用として特別損失85百万円を計上、法人税、住民税及び事業税を91百万円、法人税等調整額を△14百万円計上したことから173百万円（前事業年度は当期純損失33百万円）となりました。」
FY2025の減収減益・当期純損失から、売上高・営業利益・経常利益が増加し、当期純利益に転じた実績を記載した。 - FY2026-H1Higher sales, return to operating profit and return to net profitAnnual report
「For the interim accounting period, revenue was ¥1,656 million, up 10.3% from the same interim period of the previous year; operating income was ¥80 million, compared with an operating loss of ¥59 million; and ordinary income was ¥83 million, compared with an ordinary loss of ¥59 million. Interim net income was ¥56 million, due to recording ¥35 million in corporate, inhabitant and enterprise taxes and negative deferred income taxes of ¥8 million, compared with an interim net loss of ¥132 million.」
Operating loss, ordinary loss and interim net loss in the same interim period of the previous year changed to operating income of ¥80 million, ordinary income of ¥83 million and interim net income of ¥56 million, while revenue also increased 10.3%. - FY2025WorsenedAnnual report
「For the fiscal year, revenue was ¥3,377 million, down 7.0% year on year; operating income was ¥82 million, down 43.0%; and ordinary income was ¥83 million, down 42.3%. Net income changed to a loss because the company recorded an extraordinary loss of ¥90 million on the valuation of investment securities, ¥20 million in corporate, inhabitant and enterprise taxes and ¥6 million in deferred income taxes, resulting in a net loss of ¥33 million, compared with net income of ¥106 million in the previous fiscal year.」
Revenue, operating income and ordinary income declined from the previous fiscal year, and net income changed to a net loss, partly due to recording a ¥90 million loss on the valuation of investment securities. - FY2025-H1WorsenedAnnual report
「For the interim accounting period, revenue was ¥1,502 million, down 11.9% from the same interim period of the previous year; operating loss was ¥59 million, compared with an operating loss of ¥36 million; ordinary loss was ¥59 million, compared with an ordinary loss of ¥36 million; and interim net loss was ¥132 million, due mainly to recording an extraordinary loss of ¥90 million on the valuation of investment securities, compared with an interim net loss of ¥27 million.」
Revenue declined 11.9% from the same interim period of the previous year, and the operating and ordinary losses widened. Interim net loss widened from ¥27 million to ¥132 million, partly due to the ¥90 million loss on the valuation of investment securities. - FY2024WorsenedAnnual report
「For the fiscal year, revenue was ¥3,630 million, down 7.4% from the previous fiscal year; operating income was ¥144 million, down 48.5%; and ordinary income was ¥144 million, down 48.6%. Net income was ¥106 million, down 47.0%, due to recording ¥27 million in corporate, inhabitant and enterprise taxes and ¥10 million in deferred income taxes.」
Revenue, operating income, ordinary income and net income all declined from the previous fiscal year. Revenue fell 7.4% and operating income fell 48.5%. - FY2024-Q3WorsenedAnnual report
「For the cumulative third quarter, revenue was ¥2,574 million, down 5.2% year on year; operating loss was ¥34 million, compared with operating income of ¥131 million in the same period of the previous year; ordinary loss was ¥35 million, compared with ordinary income of ¥130 million; and quarterly net loss was ¥26 million, compared with quarterly net income of ¥90 million.」
Revenue declined year on year, while operating income, ordinary income and quarterly net income each changed to a loss. - FY2024-Q2WorsenedAnnual report
「For the cumulative second quarter, revenue was ¥1,704 million, down 6.6% year on year; operating loss was ¥36 million, compared with operating income of ¥70 million in the same period of the previous year; ordinary loss was ¥36 million, compared with ordinary income of ¥70 million; and quarterly net loss was ¥27 million, compared with quarterly net income of ¥48 million.」
Revenue declined year on year, while operating income, ordinary income and quarterly net income each changed to a loss. - FY2024-Q1Higher revenue, narrower operating loss, narrower net lossAnnual report
「For the cumulative first quarter, revenue was ¥813 million, up 5.5% year on year; operating loss was ¥54 million, compared with an operating loss of ¥58 million in the same period of the previous year; ordinary loss was ¥54 million, compared with an ordinary loss of ¥58 million; and quarterly net loss was ¥38 million, compared with a quarterly net loss of ¥42 million.」
Revenue increased 5.5% year on year, and the operating loss, ordinary loss and quarterly net loss all narrowed, although losses remained at both the operating and bottom-line levels. - FY2023Higher revenue and income, increased operating and ordinary income, and lower net incomeAnnual report
「For the fiscal year, revenue was ¥3,919 million, up 14.7% from the previous fiscal year; operating income was ¥281 million, up 37.1%; and ordinary income was ¥280 million, up 36.6%. Net income was ¥200 million, down 65.5%, due to recording ¥73 million in corporate, inhabitant and enterprise taxes and ¥7 million in deferred income taxes.」
Revenue, operating income and ordinary income increased, while net income declined because the ¥604 million gain on the sale of shares in an affiliate recorded in the previous fiscal year was absent. - FY2023-Q3Higher revenue and income, substantial increases in operating and ordinary income, and lower net incomeAnnual report
「For the cumulative third quarter, revenue was ¥2,716 million, up 21.5% year on year; operating income was ¥131 million, up 549.1%; ordinary income was ¥130 million, up 518.1%; and quarterly net income was ¥90 million, down 79.2%.」
Revenue, operating income and ordinary income increased year on year, with operating income and ordinary income rising substantially. However, partly because of the impact of the gain on the sale of shares in an affiliate recorded in the same period of the previous year, quarterly net income fell 79.2% year on year. - FY2023-Q2Higher revenue and operating income, but lower net incomeAnnual report
「For the cumulative second quarter, revenue was ¥1,826 million, up 28.8% year on year; operating income was ¥70 million, up 156.1%; ordinary income was ¥70 million, up 144.5%; and quarterly net income was ¥48 million, down 88.9%.」
Revenue, operating income and ordinary income increased year on year, while quarterly net income declined because the gain on the sale of shares in an affiliate recorded in the same period of the previous year was absent, among other factors. - FY2023-Q1WorsenedAnnual report
「For the cumulative first quarter, revenue was ¥771 million, up 13.1% year on year; operating loss was ¥58 million, compared with operating income of ¥18 million in the same period of the previous year; and ordinary loss was ¥58 million, compared with ordinary income of ¥20 million in the same period of the previous year. Quarterly net loss was ¥42 million, compared with quarterly net income of ¥434 million in the same period of the previous year, which included a ¥604 million gain on the sale of shares in an affiliate as extraordinary income.」
Revenue increased 13.1% year on year, while operating income and ordinary income changed to losses, and quarterly net income changed to a net loss. The prior year's bottom-line profit from the gain on the sale of shares in an affiliate was also absent. - FY2022Higher operating income and net income after becoming non-consolidatedAnnual report
「For the fiscal year, revenue was ¥3,416 million, up 0.2% from the previous fiscal year; operating income was ¥205 million, up 46.1%; and ordinary income was ¥205 million, up 46.4%. Net income was ¥580 million, up 119.9%, due mainly to recording a ¥604 million gain on the sale of shares in an affiliate as extraordinary income, ¥136 million in corporate, inhabitant and enterprise taxes, and ¥93 million in deferred income taxes.」
In the first year without consolidation following the sale of TMH, operating income and ordinary income increased, and net income was ¥580 million, mainly due to a ¥604 million gain on the sale of shares in an affiliate. - FY2022-Q3RestatedAnnual report
「For the cumulative third quarter, revenue was ¥2,236 million, operating income was ¥20 million and ordinary income was ¥21 million. Quarterly net income was ¥433 million, due mainly to recording a ¥604 million gain on the sale of shares in an affiliate as extraordinary income.」
The company continued to record operating income and ordinary income in the first year of non-consolidated reporting, and quarterly net income was ¥433 million, mainly due to a ¥604 million gain on the sale of shares in an affiliate. - FY2022-Q2Continued operating and ordinary profitability in the first year without consolidation, with net income from gains on saleAnnual report
「For the cumulative second quarter, revenue was ¥1,417 million, operating income was ¥27 million and ordinary income was ¥28 million. Quarterly net income was ¥441 million, due mainly to recording a ¥604 million gain on the sale of shares in an affiliate as extraordinary income.」
The company recorded operating income and ordinary income in the cumulative second quarter of the first year of non-consolidated reporting, and quarterly net income was ¥441 million, mainly due to a ¥604 million gain on the sale of shares in an affiliate. - FY2022-Q1Operating income in the first year without consolidation and net income from gains on saleAnnual report
「For the cumulative first quarter, revenue was ¥681 million, operating income was ¥18 million and ordinary income was ¥20 million. Quarterly net income was ¥434 million, due mainly to recording a ¥604 million gain on the sale of shares in an affiliate as extraordinary income.」
In the first year without consolidation following the transfer of the shares of Tribal Media House, the company recorded operating income of ¥18 million and ordinary income of ¥20 million. Quarterly net income was ¥434 million, mainly due to a ¥604 million gain on the sale of shares in an affiliate. No comparative analysis with the same quarter of the previous year was performed. - FY2021Return to operating profitability and higher revenueAnnual report
「Revenue was ¥5,611 million, up 2.7% from the previous consolidated fiscal year; operating income was ¥172 million, compared with an operating loss of ¥77 million in the previous consolidated fiscal year; and ordinary income was ¥171 million, compared with an ordinary loss of ¥77 million in the previous consolidated fiscal year.」
Operating performance changed from a consolidated operating loss in the previous fiscal year to operating income, while revenue also increased. - FY2021-Q2WorsenedAnnual report
「For the cumulative second quarter, revenue was ¥2,197 million, down 3.5% year on year; operating loss was ¥298 million, compared with an operating loss of ¥273 million in the same period of the previous year; and ordinary loss was ¥299 million, compared with an ordinary loss of ¥273 million. The quarterly net loss attributable to owners of the parent was ¥289 million, due mainly to the transfer of ¥11 million in losses to non-controlling interests, compared with a quarterly net loss attributable to owners of the parent of ¥277 million in the same period of the previous year.」
Revenue declined year on year, and operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all widened. - FY2021-Q1WorsenedAnnual report
「For the three months ended the current first quarter, revenue was ¥1,008 million, up 0.9% year on year; operating loss was ¥226 million, compared with an operating loss of ¥222 million in the same period of the previous year; and ordinary loss was ¥226 million, compared with an ordinary loss of ¥222 million. Quarterly net loss attributable to owners of the parent was ¥227 million, compared with a quarterly net loss attributable to owners of the parent of ¥217 million in the same period of the previous year, primarily due to the recording of a ¥9 million net loss attributable to non-controlling interests.」
Revenue increased 0.9% year on year, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the same period of the previous year. - FY2020WorsenedAnnual report
「For the consolidated fiscal year, revenue was ¥5,465 million, down 0.9% year on year; operating loss was ¥77 million, compared with operating profit of ¥21 million in the previous consolidated fiscal year; and ordinary loss was ¥77 million, compared with ordinary profit of ¥20 million.」
The Company turned from consolidated operating profitability in the previous fiscal year to an operating loss, while revenue also declined 0.9%. Although the standalone company eliminated its operating loss, consolidated performance deteriorated due to lower revenue at its consolidated subsidiaries. - FY2020-Q3WorsenedAnnual report
「For the nine months ended the current third quarter, revenue was ¥3,537 million, down 8.4% year on year; operating loss was ¥366 million, compared with an operating loss of ¥175 million in the same period of the previous year; and ordinary loss was ¥366 million, compared with an ordinary loss of ¥175 million. In addition, following a cautious review of the recoverability of deferred tax assets at a subsidiary, ¥39 million in deferred income taxes was recorded due to a write-down of those assets, and ¥16 million in losses was transferred to non-controlling interests. Together with other factors, this resulted in a quarterly net loss attributable to owners of the parent of ¥391 million, compared with a quarterly net loss attributable to owners of the parent of ¥262 million in the same period of the previous year.」
Revenue declined year on year, and operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all widened. - FY2020-Q2WorsenedAnnual report
「For the six months ended the current second quarter, revenue was ¥2,278 million, down 10.2% year on year; operating loss was ¥273 million, compared with an operating loss of ¥154 million in the same period of the previous year; and ordinary loss was ¥273 million, compared with an ordinary loss of ¥155 million. Quarterly net loss attributable to owners of the parent was ¥277 million, due to the recording of ¥15 million in deferred income taxes and the transfer of ¥11 million in losses to non-controlling interests, compared with a quarterly net loss attributable to owners of the parent of ¥154 million in the same period of the previous year.」
Revenue fell 10.2% year on year, and operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all widened from the same period of the previous year. - FY2020-Q1WorsenedAnnual report
「For the three months ended the current first quarter, revenue was ¥999 million, down 14.7% year on year; operating loss was ¥222 million, compared with an operating loss of ¥174 million in the same period of the previous year; and ordinary loss was ¥222 million, compared with an ordinary loss of ¥174 million. The quarterly net loss attributable to owners of the parent was ¥217 million, compared with a quarterly net loss attributable to owners of the parent of ¥170 million in the same period of the previous year, primarily due to the recording of a ¥5 million net loss attributable to non-controlling interests.」
Revenue fell 14.7% year on year, and operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all widened from the same period of the previous year. - FY2019Lower revenue, a return to operating profitability, and a net loss due to impairment lossesAnnual report
「Revenue was ¥5,513 million, down 10.9% year on year; operating profit was ¥21 million, compared with an operating loss of ¥51 million in the previous consolidated fiscal year; and ordinary profit was ¥20 million, compared with an ordinary loss of ¥53 million. In addition, the Company recorded an extraordinary loss of ¥73 million as an impairment loss on business-use assets and ¥23 million in corporate, local, and business taxes, among other items, resulting in a net loss attributable to owners of the parent of ¥83 million.」
Revenue declined, while operating and ordinary profit returned to positive territory. An impairment loss of ¥73 million on business-use assets and other factors resulted in a net loss attributable to owners of the parent of ¥83 million. - FY2019-Q3Lower revenue, narrower operating loss, and net loss due to impairment lossesAnnual report
「For the nine months ended the current third quarter, revenue was ¥3,860 million, down 6.2% year on year; operating loss was ¥175 million, compared with an operating loss of ¥191 million in the same period of the previous year; and ordinary loss was ¥175 million, compared with an ordinary loss of ¥193 million. In addition, the Company recorded a ¥73 million impairment loss on business-use assets as an extraordinary loss. Together with other factors, this resulted in a quarterly net loss attributable to owners of the parent of ¥262 million, compared with quarterly net income attributable to owners of the parent of ¥208 million in the same period of the previous year following the recording of an extraordinary gain of ¥413 million on the sale of shares in an affiliate.」
Revenue fell 6.2% year on year, while operating and ordinary losses narrowed. The Company recorded a ¥73 million impairment loss on business-use assets, and, as the gain on the sale of shares recorded in the previous year was absent, quarterly net loss attributable to owners of the parent was ¥262 million. - FY2019-Q2Lower revenue, narrower operating loss, and net lossAnnual report
「For the six months ended the current second quarter, revenue was ¥2,537 million, down 3.8% year on year; operating loss was ¥154 million, compared with an operating loss of ¥194 million in the same period of the previous year; and ordinary loss was ¥155 million, compared with an ordinary loss of ¥194 million. Quarterly net loss attributable to owners of the parent was ¥154 million, compared with quarterly net income attributable to owners of the parent of ¥224 million in the same period of the previous year, following the recording of an extraordinary gain of ¥413 million on the sale of shares in an affiliate.」
Revenue declined year on year, while operating and ordinary losses narrowed. The Company recorded a net loss this quarter, compared with net profitability in the same period of the previous year due to a gain on the sale of shares. - FY2019-Q1Higher net sales, narrower operating lossAnnual report
「For the three months ended the current first quarter, revenue was ¥1,171 million, up 9.0% year on year; operating loss was ¥174 million, compared with an operating loss of ¥231 million in the same period of the previous year; and ordinary loss was ¥174 million, compared with an ordinary loss of ¥232 million. The quarterly net loss attributable to owners of the parent was ¥170 million, compared with a quarterly net loss attributable to owners of the parent of ¥220 million in the same period of the previous year, primarily due to the recording of a ¥4 million decrease in deferred income taxes at a subsidiary.」
Revenue increased year on year, and operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed, but the Company remained loss-making at the operating level. - FY2018Higher revenue, narrower operating loss, and a return to net profitability due to extraordinary incomeAnnual report
「For the consolidated fiscal year, revenue was ¥6,189 million, up 4.8% year on year; operating loss was ¥51 million, compared with an operating loss of ¥206 million in the previous consolidated fiscal year; and ordinary loss was ¥53 million, compared with an ordinary loss of ¥209 million. In addition, following the recording of an extraordinary gain of ¥413 million on the sale of shares in an affiliate and ¥50 million in corporate, local, and business taxes, net income attributable to owners of the parent was ¥312 million, compared with a net loss attributable to owners of the parent of ¥297 million in the previous consolidated fiscal year.」
Revenue increased, and operating and ordinary losses narrowed, but the Company remained loss-making at the operating level. A ¥413 million gain on the sale of rakumo shares and other factors resulted in net income attributable to owners of the parent of ¥312 million. - FY2018-Q3Higher revenue, narrower operating loss, and continued net profitabilityAnnual report
「As a result, revenue for the nine months ended the current third quarter was ¥4,115 million, up 11.1% year on year; operating loss was ¥191 million, compared with an operating loss of ¥428 million in the same period of the previous year; and ordinary loss was ¥193 million, compared with an ordinary loss of ¥431 million. In addition, following the recording of an extraordinary gain of ¥413 million on the sale of shares in an affiliate, quarterly net income attributable to owners of the parent was ¥208 million, compared with a quarterly net loss attributable to owners of the parent of ¥484 million in the same period of the previous year.」
Revenue increased 11.1% year on year, while operating and ordinary losses narrowed from the same period of the previous year. The ¥413 million gain on the sale of shares in an affiliate resulted in quarterly net income attributable to owners of the parent of ¥208 million, although losses continued at the operating level. - FY2018-Q2Narrower operating loss and a return to net profitability due to a gain on saleAnnual report
「As a result, revenue for the six months ended the current second quarter was ¥2,637 million, up 13.3% year on year; operating loss was ¥194 million, compared with an operating loss of ¥315 million in the same period of the previous year; and ordinary loss was ¥194 million, compared with an ordinary loss of ¥315 million. In addition, following the recording of an extraordinary gain of ¥413 million on the sale of shares in an affiliate, quarterly net income attributable to owners of the parent was ¥224 million, compared with a quarterly net loss attributable to owners of the parent of ¥360 million in the same period of the previous year.」
Revenue increased 13.3% year on year, and operating and ordinary losses narrowed but continued. A ¥413 million gain on the sale of rakumo shares resulted in quarterly net income attributable to owners of the parent of ¥224 million. - FY2018-Q1Narrower losses, but project problems continuedAnnual report
「Meanwhile, in the troubled project that we had been working to bring to completion since the previous fiscal year, the scheduled deliveries expected in the first quarter were rescheduled for the second quarter. As a result, revenue was ¥1,075 million, down 2.1% year on year; operating loss was ¥231 million, compared with an operating loss of ¥253 million in the same period of the previous year; and ordinary loss was ¥232 million, compared with an ordinary loss of ¥253 million. The quarterly net loss attributable to owners of the parent was ¥220 million, compared with a quarterly net loss attributable to owners of the parent of ¥236 million in the same period of the previous year, primarily due to the recording of a ¥11 million decrease in deferred income taxes at a subsidiary.」
Revenue fell 2.1% year on year and losses continued, while operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed from the same period of the previous year. The rescheduling of deliveries for the troubled project continued. - FY2017-Q3WorsenedAnnual report
「Although order conditions began to improve from the third quarter onward as a result of these measures, this did not lead to an increase in projects reaching acceptance in the third quarter. In addition, losses on projects ordered before the second quarter resulted in revenue of ¥3,703 million for the nine months ended the current third quarter, down 26.9% year on year, an operating loss of ¥428 million, compared with operating profit of ¥123 million in the same period of the previous year, and an ordinary loss of ¥431 million, compared with ordinary profit of ¥121 million.」
Although order conditions showed signs of improvement, cumulative revenue fell 26.9% year on year, and the Company recorded an operating loss of ¥428 million and an ordinary loss of ¥431 million. Describes the continued expansion of losses. - FY2017-Q2WorsenedAnnual report
「For the six months ended the current second quarter, revenue was ¥2,327 million, down 36.5% year on year; operating loss was ¥315 million, compared with operating profit of ¥216 million in the same period of the previous year; and ordinary loss was ¥315 million, compared with ordinary profit of ¥214 million. The quarterly net loss attributable to owners of the parent was ¥360 million, compared with quarterly net income attributable to owners of the parent of ¥132 million in the same period of the previous year, primarily because deferred tax assets of ¥44 million were written down following a cautious review of their recoverability.」
Revenue fell 36.5% year on year, and operating and ordinary profit turned into operating and ordinary losses. Quarterly net income attributable to owners of the parent also deteriorated from income of ¥132 million to a loss of ¥360 million. - FY2017-Q1WorsenedAnnual report
「Regarding business performance, in addition to the impact of concentrating personnel on bringing the project affected by delivery delays last year to completion, the contraction of omnichannel-related projects, which accounted for much of last year's revenue, resulted in revenue of ¥1,098 million, down 34.1% year on year, an operating loss of ¥253 million, compared with operating profit of ¥22 million in the same period of the previous year, and an ordinary loss of ¥253 million, compared with ordinary profit of ¥22 million. The quarterly net loss attributable to owners of the parent was ¥236 million, compared with a quarterly net loss attributable to owners of the parent of ¥12 million in the same period of the previous year, primarily due to the recording of a ¥16 million decrease in deferred income taxes at the Company.」
Revenue fell 34.1% year on year, and operating and ordinary profit turned into operating and ordinary losses. The Company attributed this to the concentration of personnel on the project affected by delivery delays and the contraction of omnichannel-related projects. - FY2016First statedAnnual report
「As a result, for the consolidated fiscal year, revenue was ¥6,801 million, down 6.0% year on year; operating profit was ¥146 million, down 67.0%; and ordinary profit was ¥143 million, down 67.8%.」
Results for the period reflecting the completion of the peak of major projects, personnel shortages, development problems, and delivery delays.