FY2018-Q1 Revenue Decline, Losses and Cost Reduction
First written in FY2018-Q1. 14 of 36 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-08-06.
Sockets moved to the "Worse" side of this theme in 2021, 4 years after the typical company in this theme (2017).
The whole theme swung hardest in 2020: 6 of 18 companies on the "Worse" side.
2 other companies' latest entry also says "Cited as achieved".
- 2026-08-06Cited as achievedEarnings
「For the cumulative first quarter, net sales were ¥264,694 thousand (101.2% year on year), operating profit was ¥17,240 thousand (compared with an operating loss of ¥3,898 thousand in the same period of the previous year), ordinary profit was ¥17,723 thousand (compared with an ordinary loss of ¥3,695 thousand), and quarterly net profit was ¥11,427 thousand (compared with quarterly net profit of ¥893 thousand).」
The company moved from an operating loss and ordinary loss in the first quarter of the previous fiscal year to operating profit and ordinary profit in the current first quarter. - FY2026AdvancedAnnual report
「As a result of these business activities, the company posted operating income of ¥52.441 million, compared with an operating loss of ¥76.663 million in the previous fiscal year; ordinary income of ¥55.062 million, compared with an ordinary loss of ¥80.272 million; and net income of ¥86.594 million, compared with a net loss of ¥139.132 million.」
The company shifted from operating, ordinary and net losses in the previous fiscal year to operating income of ¥52.441 million, ordinary income of ¥55.062 million and net income of ¥86.594 million in the current fiscal year. Revenue also increased 1.9% to ¥1,060.132 million. - FY2026-H1AdvancedAnnual report
「As a result of these business activities, revenue for the interim accounting period amounted to ¥530.976 million, or 109.8% of the year-earlier interim period. The company posted operating income of ¥16.174 million, compared with an operating loss of ¥81.316 million in the year-earlier interim period; ordinary income of ¥17.311 million, compared with an ordinary loss of ¥81.177 million; and interim net income of ¥20.572 million, compared with an interim net loss of ¥71.460 million.」
The company shifted from operating, ordinary and interim net losses in the year-earlier interim period to operating income of ¥16.174 million, ordinary income of ¥17.311 million and interim net income of ¥20.572 million in the current interim accounting period. Revenue was also 109.8% of the year-earlier level. - FY2025Revenue growth and narrower operating loss, but wider net lossAnnual report
「As a result of these business activities, revenue for the fiscal year amounted to ¥1,039.861 million, or 102.1% of the previous fiscal year, and cost of sales amounted to ¥563.913 million, or 102.5%. The company continued to actively invest in research and development as a forward-looking investment for future growth, resulting in selling, general and administrative expenses of ¥552.612 million, or 100.8% of the previous fiscal year. As a result, the company posted an operating loss of ¥76.663 million, compared with an operating loss of ¥79.289 million in the previous fiscal year, and an ordinary loss of ¥80.272 million, compared with an ordinary loss of ¥78.943 million. In addition, the company recorded a ¥16.997 million impairment loss and ¥51.421 million in copyright royalty settlement payments as extraordinary losses, resulting in a net loss of ¥139.132 million, compared with a net loss of ¥100.264 million in the previous fiscal year.」
Revenue increased 2.1% and the operating loss narrowed, while the ordinary loss widened. The net loss widened to ¥139.132 million due to the impairment loss and copyright royalty settlement payments. - FY2025-H1WorsenedAnnual report
「As a result of these business activities, revenue for the interim period amounted to ¥483.749 million, or 99.8% of the year-earlier interim period. The company posted an operating loss of ¥81.316 million, compared with an operating loss of ¥51.018 million in the year-earlier interim period; an ordinary loss of ¥81.177 million, compared with an operating loss of ¥47.513 million; and an interim net loss of ¥71.460 million, compared with an interim net loss of ¥46.864 million.」
Revenue was almost unchanged at 99.8% of the year-earlier interim period, while the operating loss widened from ¥51.018 million to ¥81.316 million, the ordinary loss from ¥47.513 million to ¥81.177 million, and the interim net loss from ¥46.864 million to ¥71.460 million. - FY2024WorsenedAnnual report
「As a result, the company posted an operating loss of ¥79.289 million, compared with an operating loss of ¥30.122 million in the previous fiscal year, and an ordinary loss of ¥78.943 million, compared with an ordinary loss of ¥29.864 million. In addition, the company recorded a ¥20.099 million impairment loss on investment securities as an extraordinary loss, resulting in a net loss of ¥100.264 million, compared with a net loss of ¥26.888 million in the previous fiscal year.」
Revenue increased to ¥1,018.798 million, or 102.4% of the previous fiscal year, while the operating loss, ordinary loss and net loss all widened from the previous fiscal year. - FY2024-Q3Revenue up, but operating, ordinary and net losses widenedAnnual report
「As a result of these business activities, revenue for the cumulative third quarter amounted to ¥723.598 million, or 104.5% of the year-earlier level. The company posted an operating loss of ¥82.190 million, compared with an operating loss of ¥70.317 million in the same period of the previous year; an ordinary loss of ¥78.634 million, compared with an ordinary loss of ¥70.113 million; and a quarterly net loss of ¥78.558 million, compared with a quarterly net loss of ¥55.677 million.」
Revenue increased to 104.5% of the year-earlier level, while the operating loss widened from ¥70.317 million to ¥82.190 million, the ordinary loss from ¥70.113 million to ¥78.634 million, and the quarterly net loss from ¥55.677 million to ¥78.558 million. - FY2024-Q2Revenue Growth and Narrower Operating Loss, but Wider Net LossAnnual report
「As a result of these business activities, revenue for the cumulative second quarter amounted to ¥484.803 million, or 107.0% of the year-earlier level. The company posted an operating loss of ¥51.018 million, compared with an operating loss of ¥55.736 million in the same period of the previous year; an ordinary loss of ¥47.513 million, compared with an ordinary loss of ¥55.598 million; and a quarterly net loss of ¥46.864 million, compared with a quarterly net loss of ¥40.590 million.」
Revenue increased to 107.0% of the year-earlier level, and the operating and ordinary losses narrowed, while the quarterly net loss widened from ¥40.590 million to ¥46.864 million. - FY2024-Q1AdvancedAnnual report
「As a result of these business activities, revenue for the cumulative first quarter amounted to ¥243.913 million, or 114.8% of the year-earlier level. The company posted an operating loss of ¥16.871 million, compared with an operating loss of ¥38.499 million in the same period of the previous year; an ordinary loss of ¥16.798 million, compared with an ordinary loss of ¥38.396 million; and a quarterly net loss of ¥15.577 million, compared with a quarterly net loss of ¥38.881 million.」
Revenue was 114.8% of the year-earlier level, while the operating loss, ordinary loss and quarterly net loss all narrowed. - FY2023-Q3AdvancedAnnual report
「As a result of these business activities, revenue for the cumulative third quarter amounted to ¥692.306 million, or 110.4% of the year-earlier level. The company posted an operating loss of ¥70.317 million, compared with an operating loss of ¥90.437 million in the same period of the previous year; an ordinary loss of ¥70.113 million, compared with an ordinary loss of ¥90.011 million; and a quarterly net loss of ¥55.677 million, compared with a quarterly net loss of ¥106.999 million.」
For the cumulative third quarter, revenue increased and the operating loss, ordinary loss and quarterly net loss all narrowed from the year-earlier period. - FY2023-Q2Revenue Growth and Narrower Operating Loss, but Wider Net LossAnnual report
「As a result of these business activities, revenue for the cumulative second quarter amounted to ¥452.900 million, or 109.0% of the year-earlier level. The company posted an operating loss of ¥55.736 million, compared with an operating loss of ¥62.410 million in the same period of the previous year; an ordinary loss of ¥55.598 million, compared with an ordinary loss of ¥62.028 million; and a quarterly net loss of ¥40.590 million, compared with a quarterly net loss of ¥36.667 million.」
Revenue increased from the year-earlier period, and the operating and ordinary losses narrowed, while the quarterly net loss widened from ¥36.667 million to ¥40.590 million. - FY2023-Q1WorsenedAnnual report
「As a result of these business activities, revenue for the cumulative first quarter amounted to ¥212.552 million, or 105.3% of the year-earlier level. The company posted an operating loss of ¥38.499 million, compared with an operating loss of ¥37.227 million in the same period of the previous year; an ordinary loss of ¥38.396 million, compared with an ordinary loss of ¥36.890 million; and a quarterly net loss of ¥38.881 million, compared with a quarterly net loss of ¥36.789 million.」
Revenue increased to 105.3% of the year-earlier level, while the operating loss, ordinary loss and quarterly net loss all widened from the previous year. - FY2022WorsenedAnnual report
「As a result, the company posted an operating loss of ¥101.897 million, compared with an operating loss of ¥15.780 million in the previous fiscal year, and an ordinary loss of ¥101.506 million, compared with an ordinary loss of ¥15.503 million. In addition, the company recorded a ¥25.803 million gain on the sale of investment securities, a ¥41.828 million loss on the disposal of software in progress due to a change in the development plan, and a ¥22.959 million impairment loss on fixed assets under the accounting standard for impairment of fixed assets as extraordinary losses, resulting in a net loss of ¥150.237 million, compared with a net loss of ¥51.440 million in the previous fiscal year.」
Revenue declined to ¥873.194 million, or 87.8% of the previous fiscal year, while the operating loss, ordinary loss and net loss all widened. The company also recorded a disposal loss due to a change in the development plan and an impairment loss on fixed assets. - FY2022-Q3WorsenedAnnual report
「As a result of these business activities, revenue for the cumulative third quarter amounted to ¥627.187 million, or 92.8% of the year-earlier level. The company posted an operating loss of ¥90.437 million, compared with an operating loss of ¥74.120 million in the same quarter of the previous year, and an ordinary loss of ¥90.011 million, compared with an ordinary loss of ¥73.888 million. In addition, the company recorded a ¥25.803 million gain on the sale of investment securities and a ¥41.828 million loss on the disposal of software in progress due to a change in the development plan, resulting in a quarterly net loss of ¥106.999 million, compared with a quarterly net loss of ¥75.340 million.」
For the cumulative third quarter, revenue declined and the operating loss, ordinary loss and quarterly net loss all widened from the year-earlier period. - FY2022-Q2WorsenedAnnual report
「As a result of these business activities, as a result of these business activities, revenue for the cumulative second quarter amounted to ¥415.436 million, or 91.7% of the year-earlier level. The company posted an operating loss of ¥62.410 million, compared with an operating loss of ¥54.779 million in the same period of the previous year, and an ordinary loss of ¥62.028 million, compared with an ordinary loss of ¥54.629 million. In addition, due mainly to the recognition of a ¥25.803 million extraordinary gain from the partial sale of investment securities, the quarterly net loss was ¥36.667 million, compared with a quarterly net loss of ¥55.508 million.」
For the cumulative second quarter, revenue declined and the operating and ordinary losses widened from the year-earlier period. Meanwhile, the quarterly net loss narrowed due to gains on the sale of investment securities and other factors. - FY2022-Q1AdvancedAnnual report
「As a result of these business activities, revenue for the cumulative first quarter amounted to ¥201.936 million, or 96.7% of the year-earlier level. The company posted an operating loss of ¥37.227 million, compared with an operating loss of ¥41.693 million in the same period of the previous year; an ordinary loss of ¥36.890 million, compared with an operating loss of ¥41.603 million; and a quarterly net loss of ¥36.789 million, compared with a quarterly net loss of ¥41.910 million.」
Revenue was 96.7% of the year-earlier level, while the operating loss, ordinary loss and quarterly net loss all narrowed from the previous year. - FY2021WorsenedAnnual report
「As a result, the company posted an operating loss of ¥15.780 million, compared with operating income of ¥21.212 million in the previous fiscal year; an ordinary loss of ¥15.503 million, compared with ordinary income of ¥21.474 million; and a net loss of ¥51.440 million, compared with net income of ¥17.202 million.」
The company shifted from full-year profitability in the previous fiscal year to operating, ordinary and net losses in FY2021. Revenue also fell to ¥994.295 million, or 81.0% of the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「For the cumulative third quarter, revenue amounted to ¥676.016 million, or 76.2% of the year-earlier level, while cost of sales amounted to ¥386.794 million, or 75.2%, as the licensing business expanded. Selling, general and administrative expenses amounted to ¥363.343 million, or 89.7%, due to efficiency improvements including lower outsourcing costs. As a result, the company posted an operating loss of ¥74.120 million, compared with an operating loss of ¥32.235 million in the same quarter of the previous year; an ordinary loss of ¥73.888 million, compared with an operating loss of ¥31.962 million; and a quarterly net loss of ¥75.340 million, compared with a quarterly net loss of ¥33.171 million.」
For the cumulative third quarter, revenue declined and the operating loss, ordinary loss and quarterly net loss all widened from the year-earlier period. Although the company reported efficiency improvements including lower outsourcing costs, profitability deteriorated. - FY2021-Q2WorsenedAnnual report
「Revenue for the cumulative second quarter amounted to ¥453.129 million, or 71.9% of the year-earlier level. Cost of sales amounted to ¥263.253 million, or 71.9%, as the licensing business expanded. Selling, general and administrative expenses amounted to ¥244.654 million, or 90.2%, due to efficiency improvements including lower outsourcing costs. As a result, the company posted an operating loss of ¥54.779 million, compared with an operating loss of ¥6.905 million in the same period of the previous year; an ordinary loss of ¥54.629 million, compared with an operating loss of ¥6.701 million; and a quarterly net loss of ¥55.508 million, compared with a quarterly net loss of ¥7.337 million.」
For the cumulative second quarter, revenue fell to 71.9% of the year-earlier level, while the operating loss widened from ¥6.905 million to ¥54.779 million, the ordinary loss from ¥6.701 million to ¥54.629 million, and the quarterly net loss from ¥7.337 million to ¥55.508 million. - FY2021-Q1WorsenedAnnual report
「As a result, revenue for the cumulative first quarter amounted to ¥208.790 million, or 73.1% of the year-earlier level. The company posted an operating loss of ¥41.693 million, compared with an operating loss of ¥19.936 million in the same period of the previous year; an ordinary loss of ¥41.603 million, compared with an operating loss of ¥19.843 million; and a quarterly net loss of ¥41.910 million, compared with a quarterly net loss of ¥19.907 million.」
Revenue fell to 73.1% of the year-earlier level, while the operating loss, ordinary loss and quarterly net loss all widened from the previous year. The difficulty of conducting online sales to develop new businesses is separately cited as an impact of COVID-19. - FY2020AdvancedAnnual report
「As a result of these business activities, revenue for the fiscal year amounted to ¥1,227.895 million, or 85.1% of the previous fiscal year. Operating income was ¥21.212 million, or 29.0%; ordinary income was ¥21.474 million, or 29.5%; and net income was ¥17.202 million, or 25.5%.」
Revenue and profit declined from the previous fiscal year, but the company posted operating income, ordinary income and net income for the full year, maintaining full-year profitability after reporting losses on a cumulative quarterly basis. - FY2020-Q3AdvancedAnnual report
「As a result of these business activities, revenue for the cumulative third quarter amounted to ¥886.817 million, or 89.5% of the year-earlier level. Cost of sales amounted to ¥514.119 million, or 86.4% of the year-earlier level, as the licensing business expanded and the development and operation of existing businesses became more efficient. Selling, general and administrative expenses amounted to ¥404.933 million, or 93.6% of the year-earlier level, due partly to lower outsourcing costs through insourcing. As a result, the company posted an operating loss of ¥32.235 million, compared with an operating loss of ¥35.928 million in the same quarter of the previous year; an ordinary loss of ¥31.962 million, compared with an ordinary loss of ¥36.096 million; and a quarterly net loss of ¥33.171 million, compared with a quarterly net loss of ¥37.813 million.」
For the cumulative third quarter, revenue declined, while the operating loss, ordinary loss and quarterly net loss all narrowed from the year-earlier period due to lower cost of sales and selling, general and administrative expenses. - FY2020-Q2AdvancedAnnual report
「As a result of these business activities, the shift toward making the data and technology licensing business a core business progressed further, while active investment in research and development recorded under selling, general and administrative expenses and a review of the business provided to telecommunications companies also affected results. Revenue for the cumulative second quarter amounted to ¥630.585 million, or 93.2% of the year-earlier level. Cost of sales amounted to ¥366.354 million, or 86.7% of the year-earlier level, as the licensing business expanded and the development and operation of existing businesses became more efficient. Selling, general and administrative expenses amounted to ¥271.135 million, or 94.3% of the year-earlier level, due partly to lower outsourcing costs through insourcing. As a result, the company posted an operating loss of ¥6.905 million, compared with an operating loss of ¥33.591 million in the same period of the previous year; an ordinary loss of ¥6.701 million, compared with an ordinary loss of ¥33.857 million; and a quarterly net loss of ¥7.337 million, compared with a quarterly net loss of ¥34.917 million.」
Revenue was 93.2% of the year-earlier level, while the operating loss narrowed from ¥33.591 million to ¥6.905 million, the ordinary loss from ¥33.857 million to ¥6.701 million, and the quarterly net loss from ¥34.917 million to ¥7.337 million. - FY2020-Q1AdvancedAnnual report
「As a result of these business activities, the shift toward making the data and technology licensing business a core business progressed further, while active investment in research and development recorded under selling, general and administrative expenses and a review of the business provided to telecommunications companies also affected results. Revenue for the cumulative first quarter amounted to ¥285.814 million, or 86.7% of the year-earlier level. The company posted an operating loss of ¥19.936 million, compared with an operating loss of ¥39.525 million in the same period of the previous year; an ordinary loss of ¥19.843 million, compared with an ordinary loss of ¥39.657 million; and a quarterly net loss of ¥19.907 million, compared with a quarterly net loss of ¥40.144 million.」
Revenue fell to 86.7% of the year-earlier level, while the operating loss narrowed from ¥39.525 million to ¥19.936 million, the ordinary loss from ¥39.657 million to ¥19.843 million, and the quarterly net loss from ¥40.144 million to ¥19.907 million. - FY2019AdvancedAnnual report
「As a result of these business activities, revenue for the fiscal year amounted to ¥1,443.218 million, or 90.0% of the previous fiscal year. Operating income was ¥73.074 million, or 106.6%; ordinary income was ¥72.852 million, or 107.4%; and net income was ¥67.535 million, or 104.9%.」
Revenue declined to 90.0% of the previous fiscal year, while operating income, ordinary income and net income all increased. The company maintained and expanded full-year profitability. - FY2019-Q3WorsenedAnnual report
「As a result of these business activities, the shift toward making the data and technology licensing business a core business progressed further, while higher selling, general and administrative expenses, mainly research and development costs, also affected results. Revenue for the cumulative third quarter amounted to ¥991.284 million, or 85.7% of the year-earlier level. Cost of sales amounted to ¥594.797 million, or 82.0% of the year-earlier level, as the licensing business expanded and the development and operation of existing businesses became more efficient. Selling, general and administrative expenses rose to ¥432.416 million, or 108.7% of the year-earlier level, due mainly to higher research and development costs. As a result, the company posted an operating loss of ¥35.928 million, compared with operating income of ¥32.893 million in the same quarter of the previous year; an ordinary loss of ¥36.096 million, compared with ordinary income of ¥31.997 million; and a quarterly net loss of ¥37.813 million, compared with quarterly net income of ¥30.280 million.」
For the cumulative third quarter, revenue fell to 85.7% of the year-earlier level and selling, general and administrative expenses rose to 108.7%, causing results to deteriorate from the previous year’s operating, ordinary and net income to an operating loss of ¥35.928 million, an ordinary loss of ¥36.096 million and a quarterly net loss of ¥37.813 million. - FY2019-Q2WorsenedAnnual report
「As a result of these business activities, the company’s shift toward making its data and technology licensing business a core business progressed further, while higher selling, general and administrative expenses, mainly research and development and recruitment costs, and the contraction of the system development business affected results. Revenue for the cumulative second quarter amounted to ¥676.674 million, or 89.0% of the year-earlier level. Cost of sales amounted to ¥422.653 million, or 88.1% of the year-earlier level, as the licensing business expanded and the development and operation of existing businesses became more efficient. Selling, general and administrative expenses rose to ¥287.611 million, or 109.8% of the year-earlier level, due mainly to higher research and development costs. As a result, the company posted an operating loss of ¥33.591 million, compared with operating income of ¥18.153 million in the same period of the previous year; an ordinary loss of ¥33.857 million, compared with ordinary income of ¥17.826 million; and a quarterly net loss of ¥34.917 million, compared with quarterly net income of ¥16.681 million.」
For the cumulative second quarter, revenue fell to 89.0% of the year-earlier level and selling, general and administrative expenses rose to 109.8%, causing results to deteriorate from the previous year’s operating, ordinary and net income to an operating loss of ¥33.591 million, an ordinary loss of ¥33.857 million and a quarterly net loss of ¥34.917 million. - FY2019-Q1WorsenedAnnual report
「As a result of these business activities, the new data licensing business, which did not exist in the same quarter of the previous year, grew. However, selling, general and administrative expenses increased, mainly due to research and development costs, and the business serving telecommunications companies was reviewed. Accordingly, for the cumulative first-quarter period, net sales were ¥329.743 million (92.8% of the same period of the previous year), operating loss was ¥39.525 million (compared with an operating loss of ¥4.597 million in the same period of the previous year), ordinary loss was ¥39.657 million (compared with an ordinary loss of ¥4.655 million), and net loss for the quarter was ¥40.144 million (compared with a net loss for the quarter of ¥5.228 million).」
In FY2019-Q1, revenue was ¥329.743 million, or 92.8% of the year-earlier level, while the company posted an operating loss of ¥39.525 million, an ordinary loss of ¥39.657 million and a quarterly net loss of ¥40.144 million, with losses widening from the year-earlier period. The company cites higher selling, general and administrative expenses, mainly research and development costs, and a review of the business provided to telecommunications companies as contributing factors. - FY2018AdvancedAnnual report
「As a result of these business activities, operating results for the fiscal year were revenue of ¥1,604,065 thousand, or 93.9% of the previous fiscal year, operating income of ¥68,561 thousand, or 163.6%, ordinary income of ¥67,832 thousand, or 177.8%, and net income of ¥64,367 thousand, or 90.0%.」
For FY2018, revenue declined 6.1% from the previous fiscal year, while the company posted operating income of ¥68.561 million, ordinary income of ¥67.832 million and net income of ¥64.367 million. The return to profitability seen in the cumulative quarterly results was also confirmed for the full year. - FY2018-Q3AdvancedAnnual report
「Under these circumstances, revenue for the cumulative third quarter, generated through sales activities based on MSDB, amounted to ¥1,156.202 million, down 11.7% year on year. Cost of sales amounted to ¥725.426 million, down 18.6%, as the licensing business expanded and the development and operation of existing businesses became more efficient. Selling, general and administrative expenses amounted to ¥397.882 million, up 4.8% year on year. As a result, the company posted operating income of ¥32.893 million, ordinary income of ¥31.997 million and quarterly net income of ¥30.280 million.」
For the cumulative third quarter, revenue fell 11.7% year on year to ¥1,156.202 million, while cost of sales declined 18.6%. The company posted operating income of ¥32.893 million, ordinary income of ¥31.997 million and quarterly net income of ¥30.280 million. - FY2018-Q2AdvancedAnnual report
「Under these circumstances, revenue for the cumulative second quarter, generated through sales activities based on MSDB, amounted to ¥759.907 million, down 16.1% year on year. Cost of sales amounted to ¥479.728 million, down 22.0%, as the licensing business expanded and the development and operation of existing businesses became more efficient. Selling, general and administrative expenses remained at approximately the same level as the previous year, increasing 0.4% year on year to ¥262.024 million. As a result, the company posted operating income of ¥18.153 million, ordinary income of ¥17.826 million and quarterly net income of ¥16.681 million.」
Revenue fell 16.1% year on year to ¥759.907 million, while cost of sales declined 22.0%. For the cumulative second quarter, the company posted operating income of ¥18.153 million, ordinary income of ¥17.826 million and quarterly net income of ¥16.681 million. Although a loss was reported for the first quarter, the cumulative results were profitable. - FY2018-Q1First statedAnnual report
「As a result of sales activities based on MSDB, revenue for the cumulative first quarter amounted to ¥355.197 million, down 13.9% year on year. Cost of sales amounted to ¥229.787 million, down 19.4%, as cost reductions progressed through greater efficiency in the development and operation of existing businesses. Selling, general and administrative expenses remained at approximately the same level as the previous year, increasing 0.2% year on year to ¥130.007 million. As a result, the company posted an operating loss of ¥4.597 million, an ordinary loss of ¥4.655 million and a quarterly net loss of ¥5.228 million.」
For the cumulative first quarter, the company reported revenue of ¥355.197 million, an operating loss of ¥4.597 million, an ordinary loss of ¥4.655 million and a quarterly net loss of ¥5.228 million. Cost of sales fell 19.4% year on year to ¥229.787 million.