Expansion of Operating Loss in the Systems Development Business
First written in FY2017-Q2. 13 of 37 entries say "Worsened", first in FY2017-Q3. Latest entry: 2026-08-13.
Keyware Solutions moved to the "Worse" side of this theme in 2017.
1 other company's latest entry also says "Worsened".
- 2026-08-13WorsenedEarnings
「In terms of earnings, in addition to the decline in net sales, increased selling, general and administrative expenses associated with preparations for the head-office relocation scheduled for August 2026 affected results, resulting in a loss.」
The systems development business recorded lower sales, and its operating loss widened from ¥9 million in the same period of the previous year to ¥86 million. - FY2026AdvancedAnnual report
「Orders received were ¥12,766 million, up ¥242 million, or 1.9%, year on year; net sales were ¥13,439 million, up ¥1,528 million, or 12.8%; and operating profit was ¥476 million, up ¥152 million, or 47.1%.」
The systems development business exceeded the previous period in orders received, net sales and operating profit, with operating profit increasing 47.1%. - 2026-05-15AdvancedRevision of earnings forecasts
「Orders received were ¥12,766 million, up ¥242 million, or 1.9%, year on year; net sales were ¥13,439 million, up ¥1,528 million, or 12.8%; and operating profit was ¥476 million, up ¥152 million, or 47.1%.」
The systems development business increased sales, and operating profit rose to ¥476 million. - FY2026-H1AdvancedAnnual report
「Orders received were ¥6,369 million (up ¥535 million, or 9.2%, year on year), net sales were ¥6,433 million (up ¥916 million, or 16.6%), and operating profit was ¥115 million (compared with an operating loss of ¥109 million in the same period of the previous year).」
The systems development business posted higher net sales and swung from an operating loss of ¥109 million in the same period of the previous year to operating profit of ¥115 million. - FY2025WorsenedAnnual report
「Orders received were ¥14,567 million (up ¥1,211 million, or 9.1%, year on year), net sales were ¥13,822 million (up ¥12 million, or 0.1%), and operating profit was ¥663 million (down ¥41 million, or 5.9%).」
The systems development business saw increases in orders received and net sales, while operating profit declined 5.9% year on year. - FY2025-H1WorsenedAnnual report
「Orders received were ¥6,896 million (down ¥139 million, or 2.0%, year on year), net sales were ¥6,372 million (down ¥36 million, or 0.6%), and the operating loss was ¥6 million (compared with operating profit of ¥233 million in the same period of the previous year).」
The systems development business saw declines in orders received and net sales, and operating earnings deteriorated from profit of ¥233 million in the same period of the previous year to a loss of ¥6 million. Costs related to defect response and quality enhancements, as well as a reactionary decline following the completion of high-margin projects, were also cited. - FY2024Higher revenue but lower operating incomeAnnual report
「Orders received were ¥13,355 million (up ¥378 million, or 2.9%, year on year), net sales were ¥13,810 million (up ¥1,459 million, or 11.8%), and operating profit was ¥705 million (down ¥186 million, or 20.9%).」
The systems development business saw increases in orders received and net sales, but operating profit declined owing to higher general and administrative expenses related to construction work aimed at improving the workplace environment and other purposes. - FY2024-Q3AdvancedAnnual report
「Orders received were ¥9,824 million (up ¥1,204 million, or 14.0%, year on year), net sales were ¥9,939 million (up ¥1,217 million, or 14.0%), and operating profit was ¥430 million (up ¥4 million, or 1.1%).」
The systems development business exceeded the same period of the previous year in orders received, net sales and operating profit. The expansion of existing government- and public-sector projects, the acquisition of medical- and cloud-related projects, and the full-scale launch of Keyware Tohoku were cited as factors behind the increase. - FY2024-Q2AdvancedAnnual report
「Orders received were ¥7,035 million (up ¥535 million, or 8.2%, year on year), net sales were ¥6,408 million (up ¥674 million, or 11.8%), and operating profit was ¥233 million (up ¥30 million, or 15.1%).」
The systems development business exceeded the same period of the previous year in orders received, net sales and operating profit, with operating profit increasing 15.1%. - FY2024-Q1AdvancedAnnual report
「Orders received were ¥3,174 million (up ¥748 million, or 30.8%, year on year), net sales were ¥3,063 million (up ¥240 million, or 8.5%), and operating profit was ¥70 million (compared with a loss of ¥13 million in the same period of the previous year).」
The systems development business saw increases in orders received and net sales, and operating earnings swung from a loss of ¥13 million in the same period of the previous year to profit of ¥70 million. - FY2023AdvancedAnnual report
「Orders received were ¥12,977 million (up ¥636 million, or 5.2%, year on year), net sales were ¥12,350 million (up ¥468 million, or 3.9%), and operating profit was ¥892 million (up ¥115 million, or 14.8%).」
The systems development business exceeded the previous period in orders received, net sales and operating profit, with operating profit increasing 14.8%. - FY2023-Q3WorsenedAnnual report
「Orders received were ¥8,620 million (down ¥807 million, or 8.6%, year on year), net sales were ¥8,721 million (up ¥346 million, or 4.1%), and operating profit was ¥425 million (down ¥113 million, or 21.0%). Orders received declined year on year owing to a reactionary decline in government-, finance- and transportation-related projects, which had expanded or included large projects in the previous year, despite the acquisition of a large public-sector project. Net sales increased year on year as development progressed smoothly on projects ordered in the previous year, mainly in the transportation and medical sectors. In terms of earnings, profit declined year on year owing to unprofitable government-related projects and other factors.」
The systems development business posted higher net sales, but orders received and operating profit declined, with unprofitable government-related projects becoming a factor behind the decline in profit. - FY2023-Q2Higher revenue and lower earningsAnnual report
「Orders received were ¥6,500 million (up ¥899 million, or 16.1%, year on year), net sales were ¥5,733 million (up ¥254 million, or 4.7%), and operating profit was ¥202 million (down ¥39 million, or 16.4%).」
The systems development business saw increases in orders received and net sales, but operating profit fell below the level of the same period of the previous year owing to unprofitable government-related projects and other factors. - FY2023-Q1WorsenedAnnual report
「Orders received were ¥2,425 million (down ¥89 million, or 3.5%, year on year), net sales were ¥2,823 million (up ¥146 million, or 5.5%), and the operating loss was ¥13 million (compared with operating profit of ¥71 million in the same period of the previous year).」
The systems development business saw an increase in net sales but a decline in orders received, and operating earnings deteriorated from profit of ¥71 million in the same period of the previous year to a loss of ¥13 million. - FY2022AdvancedAnnual report
「As a result, orders received increased substantially year on year owing to the expansion of finance- and medical-related projects and the acquisition of a large transportation-related project. Net sales increased year on year despite a reduction in the scale of some government- and public-sector projects as they moved from development to operations and maintenance and testing, owing to the expansion of medical-related projects mentioned above and increased sales from IoT-related projects. In terms of earnings, profit increased substantially year on year owing in part to higher net sales and improved margins.」
The systems development business reported orders received of ¥12,341 million, net sales of ¥11,882 million and operating profit of ¥777 million, with operating profit increasing 20.9% year on year. - FY2022-Q3AdvancedAnnual report
「Orders received increased substantially year on year owing to the expansion of government- and finance-related projects and the acquisition of a large transportation-related project. Net sales increased year on year as development of projects ordered in the previous year, mainly government- and public-sector projects, progressed smoothly, and IoT-related business also remained firm. In terms of earnings, profit increased substantially year on year owing in part to higher net sales and improved margins.」
The systems development business reported orders received of ¥9,428 million, net sales of ¥8,375 million and operating profit of ¥539 million, with operating profit increasing 109.6% from ¥257 million in the same period of the previous year. - FY2022-Q2Operating profit up substantiallyAnnual report
「Orders received were ¥5,601 million (down ¥272 million, or 4.6%, year on year), net sales were ¥5,479 million (up ¥219 million, or 4.2%), and operating profit was ¥242 million (up ¥170 million, or 237.9%).」
The systems development business saw a decline in orders received but an increase in net sales, while operating profit rose from ¥72 million in the same period of the previous year to ¥242 million. - FY2022-Q1Operating profit recordedAnnual report
「Orders received were ¥2,514 million (down ¥80 million, or 3.1%, year on year), net sales were ¥2,676 million (up ¥341 million, or 14.6%), and operating profit was ¥71 million (compared with a loss of ¥106 million in the same period of the previous year).」
The systems development business saw a decline in orders received but an increase in net sales, and operating earnings swung from a loss in the same period of the previous year to profit of ¥71 million. - FY2021AdvancedAnnual report
「Orders received were ¥11,597 million (down ¥1,026 million, or 8.1%, year on year), net sales were ¥11,811 million (up ¥261 million, or 2.3%), and operating profit was ¥642 million (up ¥238 million, or 58.9%).」
The systems development business saw a decline in orders received but an increase in net sales, while operating profit rose 58.9% year on year to ¥642 million. - FY2021-Q3Operating profit up substantiallyAnnual report
「Orders received were ¥8,274 million (down ¥341 million, or 4.0%, year on year), net sales were ¥7,967 million (up ¥62 million, or 0.8%), and operating profit was ¥257 million (up ¥214 million, or 497.1%).」
The systems development business saw a decline in orders received but a slight increase in net sales, while operating profit increased substantially from ¥43 million in the same period of the previous year to ¥257 million. - FY2021-Q2Operating profit recordedAnnual report
「Orders received were ¥5,873 million (up ¥191 million, or 3.4%, year on year), net sales were ¥5,259 million (up ¥42 million, or 0.8%), and operating profit was ¥71 million (compared with a loss of ¥53 million in the same period of the previous year).」
The systems development business saw increases in orders received and net sales, and operating earnings swung from a loss in the same period of the previous year to profit of ¥71 million. - FY2021-Q1WorsenedAnnual report
「Orders received were ¥2,594 million (up ¥12 million, or 0.5%, year on year), net sales were ¥2,334 million (down ¥13 million, or 0.6%), and the operating loss was ¥106 million (compared with a loss of ¥64 million in the same period of the previous year).」
The systems development business saw a slight increase in orders received but a decline in net sales, and its operating loss widened from ¥64 million to ¥106 million. The impact of unprofitable projects was also cited. - FY2020AdvancedAnnual report
「Orders received and net sales increased year on year owing to the acquisition of new public-sector and monitoring and control projects, as well as a large transportation-related project, despite sluggish performance in the finance sector. Operating profit increased substantially owing in part to improved margins in the telecommunications sector.」
The company acquired new public-sector and monitoring and control projects and a large transportation-related project, while improved margins in the telecommunications sector helped lift operating profit to ¥354 million, up 84.6% year on year. - FY2020-Q3Operating profit increased and profitability was maintainedAnnual report
「Orders received were ¥9,008 million (up ¥224 million, or 2.6%, year on year), net sales were ¥8,453 million (up ¥26 million, or 0.3%), and operating profit was ¥15 million (up ¥5 million, or 56.9%). Orders received and net sales increased year on year owing to the acquisition of telecommunications- and transportation-related projects, despite sluggish performance in the finance sector. Operating profit increased year on year owing to higher net sales and improved profitability in the telecommunications sector, despite the emergence of some unprofitable projects.」
The systems development business saw sluggish performance in the finance sector, but operating profit increased to ¥15 million owing to the acquisition of telecommunications- and transportation-related projects and improved profitability in the telecommunications sector. - FY2020-Q2WorsenedAnnual report
「Orders received were ¥5,916 million (down ¥126 million, or 2.1%, year on year), net sales were ¥5,568 million (down ¥39 million, or 0.7%), and the operating loss was ¥97 million (compared with a loss of ¥82 million in the same period of the previous year).」
The systems development business saw declines in orders received and net sales, and its operating loss widened from ¥82 million to ¥97 million. The emergence of unprofitable projects was also cited as a factor behind the loss. - FY2020-Q1WorsenedAnnual report
「Orders received were ¥2,847 million (up ¥91 million, or 3.3%, year on year), net sales were ¥2,508 million (down ¥73 million, or 2.8%), and the operating loss was ¥93 million (compared with a loss of ¥54 million in the same period of the previous year).」
The systems development business saw an increase in orders received but a decline in net sales, and its operating loss widened from ¥54 million in the same period of the previous year to ¥93 million. The emergence of unprofitable projects was also cited as a factor behind the loss. - FY2019WorsenedAnnual report
「Operating profit was ¥167 million (down ¥315 million, or 65.3%, year on year). Operating profit declined year on year, affected in part by the emergence of unprofitable projects.」
The systems development business saw an increase in net sales, but operating profit declined from ¥452 million to ¥167 million owing to the emergence of some unprofitable projects. - FY2019-Q3WorsenedAnnual report
「Orders received were ¥8,323 million (down ¥158 million, or 1.9%, year on year), net sales were ¥7,933 million (up ¥228 million, or 3.0%), and the operating loss was ¥11 million (compared with operating profit of ¥192 million in the same period of the previous year). Orders received declined from the same period of the previous year, when a large transportation-related project was received. Net sales increased year on year, owing to increases in existing government-related projects. In terms of earnings, the company posted a loss owing in part to the emergence of unprofitable projects in the telecommunications sector.」
The systems development business saw an increase in net sales, but operating earnings deteriorated from profit of ¥192 million in the same period of the previous year to a loss of ¥11 million. The emergence of unprofitable projects was cited as a factor behind the loss. - FY2019-Q2WorsenedAnnual report
「Orders received were ¥5,725 million (down ¥142 million, or 2.4%, year on year), net sales were ¥5,270 million (up ¥468 million, or 9.7%), and the operating loss was ¥103 million (compared with operating profit of ¥12 million in the same period of the previous year).」
The systems development business saw an increase in net sales, but operating earnings deteriorated from profit of ¥12 million in the same period of the previous year to a loss of ¥103 million. - FY2019-Q1Reduction in Operating LossAnnual report
「In terms of earnings, the loss narrowed as net sales increased.」
The systems development business narrowed its operating loss from ¥155 million in the same period of the previous year to ¥74 million. - FY2018Substantial increase in operating profitAnnual report
「Orders received and net sales increased substantially year on year, owing to the acquisition of large transportation- and telecommunications-related projects and the expansion of government-, medical- and finance-related projects. Operating profit also increased substantially year on year as net sales increased.」
The systems development business reported orders received of ¥11,245 million, net sales of ¥10,977 million and operating profit of ¥452 million, with operating profit increasing substantially year on year. - FY2018-Q3Operating profit recordedAnnual report
「Orders received and net sales increased substantially year on year, owing to the acquisition of a large transportation-related project in the first quarter, as well as projects acquired in the medical, telecommunications and transportation sectors in the third quarter. In terms of earnings, the loss was eliminated as net sales increased, resulting in a return to profitability.」
The systems development business swung from an operating loss of ¥148 million in the same period of the previous year to operating profit of ¥167 million. - FY2018-Q2Operating loss nearly eliminatedAnnual report
「Orders received and net sales increased year on year, owing to the acquisition of a large transportation-related project in the first quarter, as well as new large telecommunications-related projects and the expansion of government-related projects. In terms of earnings, the loss was nearly eliminated as net sales increased, resulting in a substantial improvement in earnings.」
The systems development business reduced its operating loss from ¥73 million in the same period of the previous year to ¥0 million, nearly eliminating the loss. - FY2018-Q1WorsenedAnnual report
「Orders received were ¥2,649 million (up ¥504 million, or 23.5%, year on year), net sales were ¥1,958 million (down ¥199 million, or 9.2%), and the operating loss was ¥161 million (compared with a loss of ¥67 million in the same period of the previous year).」
The systems development business saw an increase in orders received but a decline in net sales, and its operating loss widened from ¥67 million in the same period of the previous year to ¥161 million. - FY2017Operating profit maintained, but earnings fell substantiallyAnnual report
「Orders received were ¥9,471 million (down ¥857 million, or 8.3%, year on year), net sales were ¥9,710 million (down ¥540 million, or 5.3%), and operating profit was ¥151 million (down ¥255 million, or 62.8%).」
Although the company moved from an operating loss at the quarterly point to operating profit for the full year, operating profit declined 62.8% year on year. - FY2017-Q3WorsenedAnnual report
「In the system development business, order intake was ¥6,271 million, down ¥866 million, or 12.1%, year on year; net sales were ¥6,663 million, down ¥506 million, or 7.1%; and the operating loss was ¥148 million, compared with operating income of ¥22 million in the year-earlier period.」
The system development business's operating result deteriorated, changing from operating income of ¥22 million in the year-earlier period to an operating loss of ¥148 million. - FY2017-Q2First statedAnnual report
「The system development business posted an operating loss of ¥73 million, compared with a ¥9 million loss in the year-earlier period.」
In the system development business, the impact of lower net sales could not be offset, and the operating loss widened from the year-earlier period.