Return to Profitability from Losses and Improved Performance
First written in FY2016-Q3. 18 of 35 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-10-13.
Asulina moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 4 of 12 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「As a result, net sales for the six-month interim consolidated accounting period were ¥36 million, down 45.0% year on year. ... The consolidated operating loss was ¥185 million, compared with a loss of ¥171 million in the same period of the previous year, and the ordinary loss was ¥194 million, compared with a loss of ¥177 million. Both operating and ordinary income were therefore negative, and the interim net loss attributable to owners of the parent was ¥194 million, compared with a loss of ¥173 million in the same period of the previous year.」
Net sales fell 45.0% year on year, and the operating loss, ordinary loss and interim net loss attributable to owners of the parent all widened from the same period of the previous year. - FY2025-H1Operating loss was broadly unchanged and the net loss narrowed despite a substantial decline in net sales.Annual report
「Net sales for the six-month interim consolidated accounting period were ¥66 million, down 46.3% year on year. Regarding income and losses, the real estate held for sale had not been sold, and sales volumes of health foods, basic cosmetics and other products in the sustainable business declined. As a result, the consolidated operating loss was ¥171 million, unchanged from the same period of the previous year, and the ordinary loss was ¥177 million, compared with a loss of ¥178 million. Both operating and ordinary income were therefore negative, and the interim net loss attributable to owners of the parent was ¥173 million, compared with a loss of ¥176 million in the same period of the previous year.」
Net sales fell substantially, down 46.3% year on year, while the operating loss was unchanged and the ordinary loss was broadly flat. The interim net loss attributable to owners of the parent narrowed slightly from the same period of the previous year. - FY2024-Q3WorsenedAnnual report
「As a result, consolidated net sales for the nine months ended ... were ¥163 million, down 84.9% year on year. ... The consolidated operating loss was ¥274 million, compared with a loss of ¥186 million in the same period of the previous year, and the ordinary loss was ¥284 million, compared with a loss of ¥197 million. Both operating and ordinary income were therefore negative, and the net loss attributable to owners of the parent was ¥278 million, compared with a loss of ¥170 million in the same period of the previous year.」
Net sales declined substantially for the nine months, while the operating loss, ordinary loss and net loss attributable to owners of the parent all widened from the same period of the previous year. - FY2024-Q2WorsenedAnnual report
「Net sales for the six months ended ... were ¥123 million, down 87.5% year on year. ... The consolidated operating loss was ¥171 million, compared with a loss of ¥121 million in the same period of the previous year, and the ordinary loss was ¥178 million, compared with a loss of ¥128 million. Both operating and ordinary income were therefore negative, and the net loss attributable to owners of the parent was ¥176 million, compared with a loss of ¥130 million in the same period of the previous year.」
Net sales fell 87.5% year on year, and the operating loss, ordinary loss and net loss attributable to owners of the parent all widened from the same period of the previous year. - FY2024-Q1WorsenedAnnual report
「Consolidated net sales for the three months ended ... were ¥95 million, down 89.2% year on year. The main factor was that, whereas sales of solar power plants scheduled to be recorded in the fiscal year before the previous fiscal year were deferred to the first quarter of the previous year and recorded then, the solar power plants held as real estate for sale had not yet been sold in the current first quarter, so no sales were recorded. Regarding income and losses, although selling, general and administrative expenses were reduced following the lifting of the designation as a security under supervision, the solar power plants held for sale had not been sold, and sales volumes of health foods, basic cosmetics and other products in the sustainable business declined. As a result, the consolidated operating loss was ¥63 million, compared with a loss of ¥62 million in the same period of the previous year, and the consolidated ordinary loss was ¥67 million, compared with a loss of ¥65 million, remaining broadly unchanged.」
Net sales fell substantially to ¥95 million, down 89.2% year on year, while the operating and ordinary losses widened slightly from the same period of the previous year. The unsold solar power plants held for sale and lower sales volumes of products in the sustainable business were cited as factors. - FY2023WorsenedAnnual report
「Net sales were ¥1,187 million, down 38.4% from the previous fiscal year. ... The operating loss was ¥255 million, compared with operating profit of ¥37 million in the previous fiscal year, the ordinary loss was ¥269 million, compared with ordinary profit of ¥38 million, and the net loss attributable to owners of the parent was ¥488 million, compared with a net loss attributable to owners of the parent of ¥452 million.」
Net sales declined for the full fiscal year, operating and ordinary income changed from profits to losses, and the net loss attributable to owners of the parent widened from ¥452 million to ¥488 million. - FY2023-Q3Operating and ordinary income turned negative despite lower net sales, while the net loss narrowed.Annual report
「As a result, consolidated net sales for the nine months ended ... were ¥1,083 million, down 2.0% year on year. In terms of income and losses, selling, general and administrative expenses increased due to measures to lift the designation as a security under supervision and efforts to secure personnel, in addition to the factors described above. The operating loss was ¥186 million, compared with operating profit of ¥2 million in the same period of the previous year, and the ordinary loss was ¥197 million, compared with ordinary profit of ¥6 million. Both operating and ordinary income therefore turned negative. Although a gain of ¥29 million on the sale of investments in an affiliated company was recorded as extraordinary income, the net loss attributable to owners of the parent was ¥170 million, compared with a loss of ¥494 million in the same period of the previous year.」
Net sales changed from growth in the same period of the previous year to a decline, while operating and ordinary income changed from profits to losses. Because a provision for correction-related costs had been recorded in the same period of the previous year, the net loss attributable to owners of the parent narrowed from ¥494 million to ¥170 million. - FY2023-Q2Operating and ordinary income turned negative despite higher net sales, while the net loss narrowed.Annual report
「As a result, net sales for the six months ended ... were ¥987 million, up 8.1% year on year. This was mainly due to solid sales of solar power generation products and electricity sales revenue from solar power plants. However, sales of basic cosmetics and health foods in the sustainable business remained sluggish. Consequently, the operating loss was ¥121 million, compared with operating profit of ¥6 million in the same period of the previous year, and the ordinary loss was ¥128 million, compared with ordinary profit of ¥15 million. Both operating and ordinary income therefore turned negative, and the net loss attributable to owners of the parent was ¥130 million, compared with a loss of ¥501 million in the same period of the previous year.」
Net sales increased, while operating and ordinary income changed from profits in the same period of the previous year to losses. As the provision for correction-related costs was no longer incurred, the net loss attributable to owners of the parent narrowed from ¥501 million to ¥130 million. - FY2023-Q1Operating and ordinary losses widened despite higher net sales, while the net loss narrowed.Annual report
「Consolidated net sales for the three months ended ... were ¥883 million, up 111.7% year on year. The main factor was that sales of solar panels originally scheduled to be recorded in the previous fiscal year were deferred to the first quarter due to the semiconductor shortage and other factors. Regarding income and losses, margins on solar panel sales were lower than initially expected due to the global surge in raw-material prices, inflation and other factors. In addition, litigation-related costs were incurred to pursue liability for substantial losses arising from the correction of prior-period financial results. As a result, the consolidated operating loss was ¥62 million, compared with a loss of ¥1 million in the same period of the previous year, and the consolidated ordinary loss was ¥65 million, compared with a loss of ¥5 million, representing a substantial decline in profit. Meanwhile, because a ¥500 million provision expense related to costs for correcting prior-period financial results was recorded as an extraordinary loss in the first quarter of the previous year, the net loss attributable to owners of the parent narrowed to ¥66 million, compared with a loss of ¥505 million in the same period of the previous year.」
Net sales rose 111.7% year on year, while the operating and ordinary losses widened from the same period of the previous year due to lower margins caused by surging raw-material prices and inflation, as well as litigation-related costs. The net loss narrowed from ¥505 million to ¥66 million because the ¥500 million provision for correction-related costs recorded in the previous year was no longer incurred. - FY2022WorsenedAnnual report
「Consolidated operating profit was ¥37 million, down 82.2% year on year, consolidated ordinary profit was ¥38 million, down 77.3%, and net loss attributable to owners of the parent was ¥452 million, compared with net income attributable to owners of the parent of ¥35 million in the previous fiscal year, resulting in a substantial decline in both net sales and profit.」
Net sales fell to ¥1,926 million and operating profit fell to ¥37 million, while income attributable to owners of the parent changed from a profit in the previous fiscal year to a loss of ¥452 million. - FY2022-Q3WorsenedAnnual report
「As a result, consolidated net sales for the nine months ended ... were ¥1,106 million, down 51.4% year on year. ... Operating profit was ¥2 million, down 98.3% year on year, while ordinary profit was ¥6 million, down 92.5%, with both operating and ordinary income remaining slightly positive. However, the ¥468 million provision for costs related to the correction of prior-period financial results, recorded as an extraordinary loss in the first quarter, had a significant impact on extraordinary income and losses. Net loss attributable to owners of the parent was ¥494 million, compared with net income of ¥66 million in the same period of the previous year, representing a substantial decline in profit.」
Net sales fell 51.4% year on year, and operating and ordinary profit also declined substantially. The ¥468 million provision related to the correction of prior-period financial results resulted in a net loss attributable to owners of the parent of ¥494 million. - FY2022-Q2Return to operating and ordinary profitability, but wider net lossAnnual report
「As a result, net sales for the six months ended ... were ¥913 million, up 240.1% year on year. Operating profit was ¥6 million, compared with an operating loss of ¥141 million in the same period of the previous year, while ordinary profit was ¥15 million, compared with an ordinary loss of ¥169 million. Both operating and ordinary income therefore turned slightly profitable. However, the ¥500 million provision expense for costs related to the correction of prior-period financial results, recorded as an extraordinary loss in the first quarter, had a significant impact on extraordinary income and losses. Net loss attributable to owners of the parent was ¥501 million, compared with a loss of ¥164 million in the same period of the previous year, representing a substantial decline in profit.」
The sharp increase in net sales moved operating and ordinary income from losses in the same period of the previous year into positive territory, while the ¥500 million provision expense related to the correction of prior-period financial results caused the net loss attributable to owners of the parent to widen to ¥501 million. - FY2022-Q1Operating loss narrowed, while net loss widened due to correction-related expensesAnnual report
「As a result, for the three months ended 30 November, consolidated net sales increased to ¥417 million, up 70.4% year on year. This was mainly due to electricity sales revenue from solar power plants acquired as fixed assets and the contribution from the procurement and resale business for basic cosmetics and health foods, which began in March 2021 in the sustainable business segment. In terms of earnings, consolidated operating loss narrowed to ¥1 million, compared with a loss of ¥66 million in the previous year, and consolidated ordinary loss narrowed to ¥5 million, compared with a loss of ¥89 million, due to group-wide fixed-cost reductions and lower interest expenses resulting from the reduction of interest-bearing debt. However, the company recorded a ¥500 million provision for expenses related to the correction of prior-period financial results as an extraordinary loss, resulting in a substantial decline in net income attributable to owners of the parent to a net loss of ¥505 million, compared with a loss of ¥90 million in the previous year.」
Net sales increased 70.4% year on year, and operating loss and ordinary loss narrowed. However, a ¥500 million provision related to the correction of prior-period financial results caused net loss attributable to owners of the parent to widen to ¥505 million. - FY2021WorsenedAnnual report
「As a result, for the fiscal year, consolidated net sales declined to ¥3,309 million, down 39.5% year on year. … Consolidated operating income was ¥212 million, down 77.8%, and … consolidated ordinary income was ¥168 million, down 79.3%. Meanwhile, net income attributable to owners of the parent was ¥35 million, down 95.8%.」
Although the company remained profitable for the full year, net sales, operating income, ordinary income and net income attributable to owners of the parent declined substantially year on year. - FY2021-Q3AdvancedAnnual report
「As a result, for the nine months ended 31 May, consolidated net sales increased to ¥2,276 million, up 113.0% year on year.」
Operating loss of ¥251 million, ordinary loss of ¥129 million and net loss attributable to owners of the parent of ¥134 million in the previous year changed to operating income of ¥118 million, ordinary income of ¥85 million and net income attributable to owners of the parent of ¥64 million. - FY2021-Q2Operating loss narrowed, while ordinary loss and net loss widened despite lower net salesAnnual report
「As a result, for the six months ended 28 February, consolidated net sales declined to ¥268 million, down 57.7% year on year. … Consolidated operating loss narrowed substantially to ¥141 million, compared with a loss of ¥228 million in the previous year. Meanwhile, consolidated ordinary loss was ¥169 million, compared with a loss of ¥88 million, and net loss attributable to owners of the parent was ¥168 million, compared with a loss of ¥112 million.」
Net sales declined 57.7% year on year, but operating loss narrowed. Meanwhile, ordinary loss and net loss attributable to owners of the parent widened from the previous year. - FY2021-Q1Narrower losses despite lower revenueAnnual report
「As a result, for the three months ended 30 November, consolidated net sales declined to ¥244 million, down 6.8% year on year. … Consolidated operating loss was ¥66 million, compared with a loss of ¥140 million in the previous year; consolidated ordinary loss was ¥89 million, compared with a loss of ¥179 million; and net loss attributable to owners of the parent was ¥90 million, compared with a loss of ¥118 million, meaning that all losses narrowed from the previous year.」
Net sales declined 6.8% year on year, while operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed from the previous year. - FY2020-Q3Operating and ordinary losses narrowed despite a substantial decline in net sales, while net loss widenedAnnual report
「Consolidated net sales declined to ¥1,069 million, down 68.3% year on year. However, by reducing fixed costs across the group, consolidated operating loss narrowed to ¥251 million, compared with ¥336 million in the previous year, and consolidated ordinary loss narrowed to ¥129 million, compared with ¥484 million. Meanwhile, for the nine months ended 31 May, because there were no significant extraordinary income or loss items, net loss attributable to owners of the parent was ¥134 million, compared with ¥119 million in the same period of the previous year.」
Net sales declined substantially by 68.3% year on year, while operating loss and ordinary loss narrowed. Because there were few extraordinary income or loss items, net loss attributable to owners of the parent widened from the previous year. - FY2020-Q1Loss narrowed despite a substantial decline in net salesAnnual report
「Against this business backdrop, for the three months ended 30 November, consolidated net sales declined substantially to ¥262 million, down 87.9% year on year. However, following the reduction of fixed assets and interest-bearing debt in the previous consolidated fiscal year, consolidated operating loss narrowed to ¥140 million, compared with a consolidated operating loss of ¥157 million in the previous year; consolidated ordinary loss narrowed to ¥179 million, compared with ¥189 million; and net loss attributable to owners of the parent narrowed to ¥118 million, compared with ¥146 million.」
Net sales declined substantially by 87.9% year on year, while operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed from the previous year. - FY2019-Q2WorsenedAnnual report
「Consolidated net sales increased substantially to ¥2,673 million, up 112.2% year on year. However, consolidated operating loss was ¥327 million, compared with consolidated operating income of ¥225 million in the same period of the previous year, and consolidated ordinary loss was ¥419 million, compared with consolidated ordinary income of ¥157 million. Meanwhile, due to the recording of ¥128 million in gains on the sale of investments in an affiliate and ¥100 million in settlement proceeds, among other extraordinary income, net loss attributable to owners of the parent narrowed to ¥152 million, compared with net income attributable to owners of the parent of ¥99 million in the previous year.」
Despite a substantial increase in net sales, operating income and ordinary income changed from profits in the previous year to losses, and income attributable to owners of the parent changed from a profit to a loss of ¥152 million. The company explained that extraordinary income narrowed the net loss. - FY2019-Q1WorsenedAnnual report
「Against this backdrop, for the three months ended 30 November, consolidated net sales rose substantially to ¥2,174 million, up 336.2% year on year. However, consolidated operating loss was ¥157 million, compared with a consolidated operating loss of ¥20 million in the same period of the previous year; consolidated ordinary loss was ¥189 million, compared with a consolidated ordinary loss of ¥53 million; and net loss attributable to owners of the parent was ¥146 million, compared with a net loss attributable to owners of the parent of ¥44 million.」
Net sales increased substantially, but operating loss, ordinary loss and net loss attributable to owners of the parent all widened from the previous year. - FY2018WorsenedAnnual report
「For the fiscal year, consolidated net sales were ¥3,605 million, down 3.4% year on year; consolidated operating income was ¥841 million, up 4.4%; consolidated ordinary income was ¥712 million, down 5.1%; and net income attributable to owners of the parent was ¥439 million, down 11.0%.」
For the full year, operating income increased, while net sales, ordinary income and net income attributable to owners of the parent declined year on year. - FY2018-Q3WorsenedAnnual report
「Against this backdrop, for the nine months ended 31 May, consolidated net sales were ¥1,767 million, down 17.8% year on year; consolidated operating income was ¥198 million, down 26.1%; consolidated ordinary income was ¥112 million, down 54.9%; and net income attributable to owners of the parent was ¥58 million, down 64.9%.」
For the nine-month cumulative period, net sales, operating income, ordinary income and net income attributable to owners of the parent all declined year on year, with the declines in ordinary income and net income widening particularly sharply. - FY2018-Q2AdvancedAnnual report
「Against this backdrop, for the six months ended 28 February, consolidated net sales were ¥1,259 million, up 22.7% year on year; consolidated operating income was ¥225 million, up 233.3%; consolidated ordinary income was ¥157 million, up 122.4%; and net income attributable to owners of the parent was ¥99 million, up 169.7%. Net sales and all profit measures substantially exceeded the previous year.」
For the six-month cumulative period, net sales and each profit measure substantially exceeded the previous year, and operating income, ordinary income and net income attributable to owners of the parent returned to profitability from losses in the first quarter. - FY2018-Q1WorsenedAnnual report
「Against this backdrop, for the three months ended 30 November, consolidated net sales were ¥498 million, down 9.9% year on year; consolidated operating loss was ¥20 million, compared with consolidated operating income of ¥13 million in the same period of the previous year; consolidated ordinary loss was ¥53 million, compared with consolidated ordinary income of ¥14 million; and net loss attributable to owners of the parent was ¥44 million, compared with net income attributable to owners of the parent of ¥4 million. However, based on progress toward the second-quarter cumulative and full-year consolidated earnings forecasts for the fiscal year ending August 2018, results were tracking in line with the original plan.」
Net sales decreased 9.9% year on year, and operating income, ordinary income and net income attributable to owners of the parent changed from profits in the previous year to losses. The company explained that results were tracking in line with the original plan. - FY2017AdvancedAnnual report
「Consolidated net sales were ¥3,730 million, up 35.1% year on year; consolidated operating income was ¥806 million, up 169.4%; consolidated ordinary income was ¥750 million, up 175.0%; and net income attributable to owners of the parent was ¥493 million, up 94.4%. Each profit measure increased substantially from the previous fiscal year.」
For the full year, net sales and each profit measure exceeded the previous fiscal year, with operating income of ¥806 million, ordinary income of ¥750 million and net income attributable to owners of the parent of ¥493 million. - FY2017-Q3AdvancedAnnual report
「Against this backdrop, for the nine months ended 31 May, net sales were ¥2,149 million, up 3.9% year on year; operating income was ¥268 million, up 58.7%; ordinary income was ¥248 million, up 50.9%; and net income attributable to owners of the parent was ¥166 million, up 22.7%. All measures increased year on year.」
For the nine-month cumulative period, net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year. - FY2017-Q2WorsenedAnnual report
「Against this backdrop, for the six months ended 28 February, net sales were ¥1,026 million, down 35.5% year on year; operating income was ¥67 million, down 51.1%; ordinary income was ¥70 million, down 46.3%; and net income attributable to owners of the parent was ¥36 million, down 64.3%. Although all measures declined year on year, operating income, ordinary income and net income attributable to owners of the parent exceeded the consolidated earnings forecasts for the six months ended 28 February of the fiscal year ending August 2017 announced on 13 October 2016, and the company continued to report profits.」
Net sales and each profit measure declined year on year, and the scale of profitability narrowed. However, operating income, ordinary income and net income attributable to owners of the parent remained positive and exceeded the consolidated earnings forecasts. - FY2017-Q1AdvancedAnnual report
「Against this backdrop, for the three months ended 30 November, net sales were ¥553 million, up 50.6% year on year; operating income was ¥13 million, compared with an operating loss of ¥2 million in the same period of the previous year; ordinary income was ¥14 million, compared with an ordinary loss of ¥2 million; and net income attributable to owners of the parent was ¥4 million, compared with a net loss attributable to owners of the parent of ¥32 million. Thus, net sales increased and each profit measure returned to profitability year on year.」
In the first quarter, net sales increased 50.6% year on year, and operating income, ordinary income and net income attributable to owners of the parent changed from losses in the previous year to profits. - FY2016-Q3First statedAnnual report
「Against this backdrop, for the nine months ended 31 May, net sales were ¥2,068 million, up 107.8% year on year; operating income was ¥169 million, compared with an operating loss of ¥61 million in the same period of the previous year; ordinary income was ¥164 million, compared with an ordinary loss of ¥78 million; and net income attributable to owners of the parent was ¥135 million, compared with a net loss of ¥88 million.」
The company reports a substantial increase in net sales and a return to profitability from losses in the previous year for operating income, ordinary income and net income attributable to owners of the parent.