Repeated Operating Losses and Delayed Monetization of the IoT Business
First written in FY2016. 16 of 37 entries say "Worsened", first in FY2017-Q3. Latest entry: 2026-08-14.
Ubiquitous AI moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- 2026-08-14WorsenedEarnings
「The Company recorded an operating loss of ¥145,875 thousand, compared with an operating loss of ¥113,755 thousand in the same quarter of the previous year, an ordinary loss of ¥146,275 thousand, compared with an ordinary loss of ¥112,417 thousand, and a quarterly net loss attributable to owners of the parent of ¥147,716 thousand, compared with a quarterly net loss of ¥123,505 thousand.」
The recurrence and continuation of operating and other losses was confirmed in the first-quarter results, with the loss margin also widening year on year. - FY2026WorsenedAnnual report
「For the consolidated fiscal year, net sales were ¥3,924,475 thousand, down 5.2% from the previous consolidated fiscal year; operating loss was ¥201,117 thousand, compared with operating profit of ¥96,498 thousand in the previous consolidated fiscal year; ordinary loss was ¥213,688 thousand, compared with ordinary profit of ¥92,889 thousand; and net loss attributable to owners of the parent was ¥518,702 thousand, compared with net income of ¥91,084 thousand.」
The company moved from operating profitability, ordinary profitability, and net income in the previous fiscal year to an operating loss, ordinary loss, and net loss in the current fiscal year, with the loss-making position recurring in the full-year results. - FY2026-H1WorsenedAnnual report
「An operating loss of ¥155.536 million, compared with a loss of ¥98.015 million in the previous year, and an ordinary loss of ¥179.220 million, compared with a loss of ¥98.038 million, due to the recording of ¥24.046 million in commission fees as non-operating expenses, consisting of investigation-related costs paid to external law firms and others by the internal investigation committee.」
The operating loss and ordinary loss widened year on year, and ¥24.046 million in investigation-related costs paid to external law firms and others by the internal investigation committee was recorded as a non-operating expense. The recurrence and continuation of operating losses deepened in the interim results. - FY2025MitigatedAnnual report
「For the consolidated fiscal year, net sales were ¥4,138,789 thousand, up 19.0% year on year; operating profit was ¥96,498 thousand, up 34.8%; ordinary profit was ¥92,889 thousand, up 6.0%; and net income attributable to owners of the parent was ¥91,084 thousand, up 176.8%.」
Following the achievement of operating profitability in FY2024, the company also recorded operating income, ordinary income, and net income in FY2025, and the risk of consecutive operating losses continues to decline. - FY2025-H1WorsenedAnnual report
「For the interim consolidated accounting period, net sales were ¥1,748,503 thousand, up 40.7% year on year; operating loss was ¥98,015 thousand, compared with an operating loss of ¥73,050 thousand in the same period of the previous year; ordinary loss was ¥98,038 thousand, compared with an ordinary loss of ¥62,899 thousand; and interim net loss attributable to owners of the parent was ¥68,066 thousand, compared with a net loss of ¥58,904 thousand.」
Revenue increased year on year, but the operating loss, ordinary loss, and interim net loss all widened, deepening the recurrence and continuation of operating losses in the interim results. - FY2024MitigatedAnnual report
「Operating income of ¥71.568 million, compared with a loss of ¥84.102 million in the previous year, and ordinary income of ¥87.649 million, compared with a loss of ¥76.179 million.」
The company moved from the previous fiscal year, when the recurrence and widening of operating losses continued, to operating income and ordinary income, reducing the risk of losses. - FY2024-Q3MitigatedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, net sales were ¥2,100,019 thousand, up 71.3% year on year; operating loss was ¥87,200 thousand, compared with an operating loss of ¥170,831 thousand in the same period of the previous year; ordinary loss was ¥72,221 thousand, compared with an ordinary loss of ¥160,553 thousand; and net loss attributable to owners of the parent was ¥61,182 thousand, compared with a net loss of ¥164,781 thousand.」
Revenue increased year on year, and the operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed. However, the company continued to report an operating loss. - FY2024-Q2MitigatedAnnual report
「As a result, for the six months ended the second quarter of the fiscal year, the consolidated results were revenue of ¥1,242.971 million, up 59.0% year on year, an operating loss of ¥73.050 million, compared with a loss of ¥172.590 million in the same quarter of the previous year, an ordinary loss of ¥62.899 million, compared with a loss of ¥163.144 million, and a quarterly net loss attributable to owners of the parent of ¥58.904 million, compared with a loss of ¥166.354 million.」
The operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed from the previous year, easing the deterioration in losses. However, the company continued to report an operating loss. - FY2024-Q1MitigatedAnnual report
「As a result, for the three months ended the first quarter of the current consolidated fiscal year, net sales were ¥634,812 thousand, up 110.0% year on year; operating loss was ¥38,406 thousand, compared with an operating loss of ¥153,176 thousand in the same period of the previous year; ordinary loss was ¥26,827 thousand, compared with an ordinary loss of ¥146,091 thousand; and net loss attributable to owners of the parent was ¥24,777 thousand, compared with a net loss of ¥149,003 thousand.」
The operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed from the previous year, easing the deterioration in losses. However, the losses themselves continued. - FY2023WorsenedAnnual report
「For the consolidated fiscal year, net sales were ¥1,938,288 thousand, down 5.8% year on year; operating loss was ¥84,102 thousand, compared with operating profit of ¥77,630 thousand in the previous fiscal year; ordinary loss was ¥76,179 thousand, compared with ordinary profit of ¥90,943 thousand; and net loss attributable to owners of the parent was ¥148,179 thousand, compared with a net loss of ¥39,696 thousand.」
The company moved from operating income in the previous fiscal year to an operating loss, while the net loss attributable to owners of the parent also widened from ¥39.696 million to ¥148.179 million. The recurrence and worsening of the operating loss are reflected in the full-year results. - FY2023-Q3WorsenedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, net sales were ¥1,225,736 thousand, down 10.3% year on year; operating loss was ¥170,831 thousand, compared with an operating loss of ¥23,692 thousand in the same period of the previous year; ordinary loss was ¥160,553 thousand, compared with an ordinary loss of ¥12,621 thousand; and net loss attributable to owners of the parent was ¥164,781 thousand, compared with a net loss of ¥27,234 thousand.」
Revenue decreased year on year, while the operating loss widened from ¥23.692 million to ¥170.831 million. The consecutive reporting and renewed widening of operating losses are evident in the figures. - FY2023-Q1WorsenedAnnual report
「As a result, for the three months ended the first quarter of the current consolidated fiscal year, net sales were ¥300,876 thousand, down 25.3% year on year; operating loss was ¥153,176 thousand, compared with an operating loss of ¥75,593 thousand in the same period of the previous year; ordinary loss was ¥146,091 thousand, compared with an ordinary loss of ¥69,339 thousand; and net loss attributable to owners of the parent was ¥149,003 thousand, compared with a net loss of ¥80,761 thousand.」
The operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all widened from the same quarter of the previous year, and the loss-making position worsened again. - FY2022-Q3MitigatedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, net sales were ¥1,366,859 thousand, up 10.2% year on year; operating loss was ¥23,692 thousand, compared with an operating loss of ¥267,457 thousand in the same period of the previous year; ordinary loss was ¥12,621 thousand, compared with an ordinary loss of ¥263,462 thousand; and net loss attributable to owners of the parent was ¥27,234 thousand, compared with a net loss of ¥287,850 thousand.」
The operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed substantially from the same quarter of the previous year, easing the deterioration in operating losses. However, the losses themselves continued. - FY2022-Q2MitigatedAnnual report
「As a result, for the six months ended the second quarter of the current consolidated fiscal year, net sales were ¥913,442 thousand, up 15.2% year on year; operating loss was ¥30,833 thousand, compared with an operating loss of ¥212,720 thousand in the same period of the previous year; ordinary loss was ¥23,605 thousand, compared with an ordinary loss of ¥210,040 thousand; and net loss attributable to owners of the parent was ¥24,269 thousand, compared with a net loss of ¥225,405 thousand.」
Revenue increased year on year, while the operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all narrowed substantially. However, losses continued. - FY2022-Q1MitigatedAnnual report
「As a result, for the three months ended the first quarter of the current consolidated fiscal year, net sales were ¥402,626 thousand, up 27.9% year on year; operating loss was ¥75,593 thousand, compared with an operating loss of ¥158,092 thousand in the same period of the previous year; ordinary loss was ¥69,339 thousand, compared with an ordinary loss of ¥155,536 thousand; and net loss attributable to owners of the parent was ¥80,761 thousand, compared with a net loss of ¥179,420 thousand.」
The operating loss narrowed year on year and revenue increased, reducing the risk of consecutive operating losses compared with the previous quarter. However, the operating loss and net loss continued. - FY2021-Q3WorsenedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, net sales were ¥1,240,866 thousand, down 21.2% year on year; operating loss was ¥267,457 thousand, compared with an operating loss of ¥90,825 thousand in the same period of the previous year; ordinary loss was ¥263,462 thousand, compared with an ordinary loss of ¥86,766 thousand; and net loss attributable to owners of the parent was ¥287,850 thousand, compared with a net loss of ¥98,537 thousand.」
Revenue fell 21.2% year on year, while the operating loss widened from ¥90.825 million to ¥267.457 million and the quarterly net loss attributable to owners of the parent widened from ¥98.537 million to ¥287.850 million. The recurrence and widening of the operating loss continued. - FY2021-Q2WorsenedAnnual report
「As a result, for the six months ended the second quarter of the fiscal year, the consolidated results were revenue of ¥792.896 million, down 26.9% year on year, an operating loss of ¥212.720 million, compared with a loss of ¥40.315 million in the same quarter of the previous year, an ordinary loss of ¥210.040 million, compared with a loss of ¥37.606 million, and a quarterly net loss attributable to owners of the parent of ¥225.405 million, compared with a loss of ¥54.065 million.」
Revenue fell 26.9% year on year, while the operating loss, ordinary loss, and quarterly net loss attributable to owners of the parent all widened substantially. - FY2021-Q1WorsenedAnnual report
「As a result, for the three months ended the first quarter of the current consolidated fiscal year, net sales were ¥314,685 thousand, down 37.9% year on year; operating loss was ¥158,092 thousand, compared with an operating loss of ¥31,845 thousand in the same period of the previous year; ordinary loss was ¥155,536 thousand, compared with an ordinary loss of ¥30,472 thousand; and net loss attributable to owners of the parent was ¥179,420 thousand, compared with a net loss of ¥35,509 thousand.」
Compared with the same quarter of the previous year, after achieving operating profitability, the operating loss widened from ¥31.845 million to ¥158.092 million, with the loss-making position re-emerging and worsening. - FY2020MitigatedAnnual report
「For the consolidated fiscal year, net sales were ¥2,346,683 thousand, down 2.5% year on year; operating profit was ¥35,484 thousand, down 54.1%; ordinary profit was ¥38,997 thousand, down 61.5%; and net income attributable to owners of the parent was ¥77,194 thousand, up 20.5%.」
Although the company recorded an operating loss for the nine months ended the third quarter, it posted full-year operating income of ¥35.484 million, ordinary income of ¥38.997 million, and net income of ¥77.194 million, eliminating the full-year loss-making position. - FY2020-Q3WorsenedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, net sales were ¥1,573,986 thousand, down 6.5% year on year; operating loss was ¥90,825 thousand, compared with operating profit of ¥33,881 thousand in the same period of the previous year; ordinary loss was ¥86,766 thousand, compared with ordinary profit of ¥58,515 thousand; and net loss attributable to owners of the parent was ¥98,537 thousand, compared with net income of ¥17,387 thousand.」
The company turned from operating income in the same quarter of the previous year to an operating loss of ¥90.825 million, and the loss-making position after achieving operating profitability widened over the six months ended the third quarter. The risk of losses has re-emerged in the reported figures. - FY2020-Q2WorsenedAnnual report
「As a result, for the six months ended the second quarter of the current consolidated fiscal year, net sales were ¥1,084,655 thousand, down 3.9% year on year; operating loss was ¥40,315 thousand, compared with operating profit of ¥13,953 thousand in the same period of the previous year; ordinary loss was ¥37,606 thousand, compared with ordinary profit of ¥17,234 thousand; and net loss attributable to owners of the parent was ¥54,065 thousand, compared with a net loss of ¥33,322 thousand.」
The company recorded an operating loss of ¥40.315 million for the six months ended the second quarter after achieving operating profitability, turning from operating income of ¥13.953 million in the same quarter of the previous year to a loss. - FY2020-Q1WorsenedAnnual report
「As a result, for the three months ended the first quarter of the current consolidated fiscal year, net sales were ¥506,613 thousand, down 0.4% year on year; operating loss was ¥31,845 thousand, compared with an operating loss of ¥28,375 thousand in the same period of the previous year; ordinary loss was ¥30,472 thousand, compared with an ordinary loss of ¥26,924 thousand; and net loss attributable to owners of the parent was ¥35,509 thousand, compared with a net loss of ¥36,506 thousand.」
The operating loss widened from ¥28.375 million to ¥31.845 million year on year, resulting in an operating loss in the first quarter following the achievement of operating profitability. - FY2019MitigatedAnnual report
「For the consolidated fiscal year, net sales were ¥2,406,713 thousand, up 2.4% year on year; operating profit was ¥77,299 thousand, compared with profit of ¥4,044 thousand in the previous fiscal year; ordinary profit was ¥101,285 thousand, up 137.1% year on year; and net income attributable to owners of the parent was ¥64,039 thousand, compared with a net loss of ¥11,205 thousand in the previous fiscal year.」
The company moved from recording operating losses consecutively to recording operating income for 2 consecutive years, and the net loss attributable to owners of the parent remaining in the previous fiscal year also turned into income in the current fiscal year. - FY2019-Q3MitigatedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, net sales were ¥1,682,582 thousand, up 7.9% year on year; operating profit was ¥33,881 thousand, compared with an operating loss of ¥112,432 thousand in the same period of the previous year; ordinary profit was ¥58,515 thousand, compared with an ordinary loss of ¥71,948 thousand; and net income attributable to owners of the parent was ¥17,387 thousand, compared with a net loss of ¥115,374 thousand.」
The operating loss of ¥112.432 million in the same quarter of the previous year turned into operating income of ¥33.881 million, further reducing the risk of consecutive operating losses. - FY2019-Q2MitigatedAnnual report
「As a result, for the six months ended the second quarter of the current consolidated fiscal year, net sales were ¥1,128,275 thousand, down 1.4% year on year; operating profit was ¥13,953 thousand, compared with an operating loss of ¥30,657 thousand in the same period of the previous year; ordinary profit was ¥17,234 thousand, up 113.3% year on year; and net loss attributable to owners of the parent was ¥33,322 thousand, compared with a net loss of ¥42,109 thousand in the same period of the previous year.」
The operating loss of ¥30.657 million in the same quarter of the previous year turned into operating income of ¥13.953 million for the current six-month period, further reducing the risk of consecutive operating losses. However, a quarterly net loss attributable to owners of the parent remained. - FY2019-Q1MitigatedAnnual report
「As a result, for the first quarter of the fiscal year, the consolidated results were revenue of ¥508.516 million, down 7.1% year on year, an operating loss of ¥28.375 million, compared with a loss of ¥64.626 million in the same quarter of the previous year, an ordinary loss of ¥26.924 million, compared with a loss of ¥62.744 million, and a quarterly net loss attributable to owners of the parent of ¥36.506 million, compared with a loss of ¥83.245 million.」
The operating loss narrowed from ¥64.626 million in the same quarter of the previous year to ¥28.375 million, while the ordinary loss and quarterly net loss attributable to owners of the parent also narrowed. However, the company continued to report an operating loss. - FY2018MitigatedAnnual report
「For the consolidated fiscal year, the results were revenue of ¥2,349.743 million, up 109.0% year on year, operating income of ¥4.044 million, compared with a loss of ¥286.852 million in the previous fiscal year, and ordinary income of ¥42.724 million, compared with a loss of ¥286.820 million.」
The operating loss reported through the previous fiscal year turned into operating income of ¥4.044 million, reducing the risk of consecutive operating losses. However, the net loss attributable to owners of the parent for the fiscal year was ¥11.205 million. - FY2018-Q2MitigatedAnnual report
「As a result, for the six months ended the second quarter of the fiscal year, the consolidated results were revenue of ¥1,144.621 million, up 120.8% year on year, an operating loss of ¥30.657 million, compared with a loss of ¥176.455 million in the same quarter of the previous year, and ordinary income of ¥8.080 million, compared with a loss of ¥177.290 million.」
The operating loss narrowed from ¥176.455 million in the same quarter of the previous year to ¥30.657 million, while ordinary income turned positive at ¥8.080 million. However, the company continued to report an operating loss. - FY2018-Q1MitigatedAnnual report
「As a result, for the first quarter of the fiscal year, the consolidated results were revenue of ¥533.719 million, up 129.2% year on year, an operating loss of ¥65.969 million, compared with a loss of ¥121.495 million in the same quarter of the previous year, an ordinary loss of ¥64.087 million, compared with a loss of ¥124.128 million, and a quarterly net loss attributable to owners of the parent of ¥85.660 million, compared with a loss of ¥131.901 million.」
The operating loss narrowed from ¥121.495 million in the same quarter of the previous year to ¥65.969 million. However, the company continued to report an operating loss and had not achieved profitability. - FY2017WorsenedAnnual report
「The group has recorded operating losses for five consecutive fiscal years, from the fiscal year ended March 2013 through the current consolidated fiscal year.」
The consecutive periods of operating losses extended from 4 to 5 fiscal years, and the operating loss for the current fiscal year was ¥286.852 million. - FY2017-Q3WorsenedAnnual report
「As a result, for the nine months ended the third quarter of the fiscal year, the consolidated results were revenue of ¥759.535 million, an operating loss of ¥275.655 million, an ordinary loss of ¥275.503 million, and a quarterly net loss attributable to owners of the parent of ¥298.843 million.」
The company recorded an operating loss for the nine-month period, with the loss widening from ¥176.455 million for the six months ended the second quarter to ¥275.655 million. - FY2017-Q2RestatedAnnual report
「As a result, for the six months ended the second quarter of the fiscal year, the consolidated results were revenue of ¥518.504 million, an operating loss of ¥176.455 million, an ordinary loss of ¥177.290 million, and a quarterly net loss attributable to owners of the parent of ¥196.280 million.」
The company also recorded an operating loss for the six-month period, with the loss-making position continuing before achieving operating profitability. - FY2017-Q1RestatedAnnual report
「As a result, for the first quarter of the fiscal year, the consolidated results were revenue of ¥232.858 million, an operating loss of ¥121.495 million, an ordinary loss of ¥124.128 million, and a quarterly net loss attributable to owners of the parent of ¥131.901 million.」
The company also recorded an operating loss for the quarter, and remained in a loss-making position before achieving operating profitability. - FY2016First statedAnnual report
「We recorded operating losses for 4 consecutive fiscal years: the fiscal years ended March 2013, March 2014 and March 2015, and the current fiscal year.」
The company reported 4 consecutive fiscal years of operating losses and attributed them to the development-cost burden of the new IoT business and progress in the market and collaboration initiatives.