Revenue growth alongside declining profit
First written in FY2017-Q1. 24 of 40 entries say "Reframed", first in FY2016. Latest entry: 2026-08-07.
iRidge moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 29 of 142 companies on the "Worse" side.
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「As a result, revenue was ¥7,084.115 million, up 5.6% from the previous consolidated fiscal year; adjusted operating profit was ¥246.041 million, down 5.1%; operating profit was ¥113.195 million, down 48.3%; ordinary profit was ¥135.638 million, down 34.9%; and net profit attributable to owners of the parent was ¥637.544 million, compared with ¥13.901 million in the previous consolidated fiscal year.」
Although revenue increased, adjusted operating profit, operating profit and ordinary profit declined. Net income attributable to owners of the parent increased significantly due to gains on the sale of Finovalley shares and other factors, changing the pattern so that operating performance and bottom-line profit moved in different directions. - FY2026-H1ReframedAnnual report
「As a result, revenue was ¥3,187.726 million, up 3.9% year on year; adjusted operating loss was ¥83.619 million, compared with adjusted operating profit of ¥88.170 million; operating loss was ¥127.043 million, compared with operating profit of ¥68.634 million; ordinary loss was ¥113.929 million, compared with ordinary profit of ¥64.737 million; and interim net profit attributable to owners of the parent was ¥658.609 million, compared with ¥34.265 million.」
Revenue increased, while adjusted operating profit, operating profit and ordinary profit turned from profits in the previous year to losses. Interim net profit attributable to owners of the parent increased substantially due to a gain of ¥919.919 million on the sale of Finovate shares. - FY2025-H1ReframedAnnual report
「As a result, revenue was ¥3,068.572 million, up 26.6% year on year; operating profit was ¥68.634 million, compared with operating loss of ¥330.413 million; ordinary profit was ¥64.737 million, compared with ordinary loss of ¥324.897 million; and interim net profit attributable to owners of the parent was ¥34.265 million, compared with an interim net loss of ¥240.898 million.」
The previous period of revenue growth accompanied by widening losses shifted to a combination of 26.6% revenue growth and a return to profitability in operating profit, ordinary profit and interim net profit attributable to owners of the parent. - FY2024ReframedAnnual report
「As a result, revenue was ¥5,712.360 million, up 5.4% from the previous consolidated fiscal year; operating loss was ¥91.538 million, compared with operating profit of ¥378.919 million; and ordinary loss was ¥87.383 million, compared with ordinary profit of ¥389.409 million. Net loss attributable to owners of the parent was ¥1,156.225 million, due in part to the recognition of an ¥514.167 million valuation loss on investment securities and a ¥313.068 million impairment loss on goodwill as extraordinary losses.」
Despite higher revenue, the company shifted to operating and ordinary losses, while the net loss widened substantially due to a valuation loss on investment securities and impairment of goodwill related to Qoil. - FY2024-Q3ReframedAnnual report
「As a result, revenue was ¥3,849.525 million, up 4.3% year on year, and operating loss was ¥360.048 million, compared with operating profit of ¥92.537 million in the previous year. Ordinary loss was ¥354.388 million, compared with ordinary profit of ¥98.043 million, and quarterly net loss attributable to owners of the parent was ¥262.084 million, compared with quarterly net profit of ¥49.087 million.」
Revenue increased 4.3% year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent turned from profits in the previous year to losses. The combination of revenue growth and widening losses also emerged in the nine months ended the third quarter. - FY2024-Q2ReframedAnnual report
「As a result, revenue was ¥2,424.055 million, up 10.6% year on year; operating loss was ¥330.413 million, compared with operating loss of ¥26.684 million; ordinary loss was ¥324.897 million, compared with ordinary loss of ¥23.084 million; and quarterly net loss attributable to owners of the parent was ¥240.898 million, compared with ¥7.291 million.」
Revenue returned to year-on-year growth of 10.6%, while operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened substantially from the previous year. The pattern shifted to one combining revenue growth with widening losses. - FY2024-Q1ReframedAnnual report
「As a result, revenue was ¥1,117.982 million, up 8.8% year on year; operating loss was ¥208.895 million, compared with operating loss of ¥45.651 million; ordinary loss was ¥204.864 million, compared with ordinary loss of ¥43.558 million; and quarterly net loss attributable to owners of the parent was ¥155.417 million, compared with ¥36.771 million.」
Revenue increased 8.8% year on year, while operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the previous year. Upfront investments, including APPBOX launch costs, higher costs due to development delays and new hiring, coincided with revenue growth. - FY2023ReframedAnnual report
「As a result, revenue was ¥5,418.889 million, down 0.1% from the previous consolidated fiscal year; operating profit was ¥378.919 million, up 10.7%; ordinary profit was ¥389.409 million, up 14.3%; and net profit attributable to owners of the parent was ¥175.283 million, down 31.3%.」
Revenue was essentially flat, while operating profit and ordinary profit increased and net profit attributable to owners of the parent declined. The previous pattern of revenue growth alongside profit improvement shifted to divergent profit trends amid flat revenue. - FY2023-Q3ReframedAnnual report
「As a result, revenue was ¥3,689.606 million, down 6.9% year on year, and operating profit was ¥92.537 million, down 54.0%. Ordinary profit was ¥98.043 million, down 51.0%, and quarterly net profit attributable to owners of the parent was ¥49.087 million, down 60.9%.」
The previous year's revenue growth and expanding operating profit shifted to declines in revenue and all profit measures. However, operating profit turned positive from an operating loss through the previous quarter, with operating profit of ¥92.537 million. - FY2023-Q2ReframedAnnual report
「As a result, revenue was ¥2,191.872 million, down 9.3% year on year, and operating loss was ¥26.684 million, compared with operating profit of ¥80.164 million in the previous year. Ordinary loss was ¥23.084 million, compared with ordinary profit of ¥79.655 million, and quarterly net loss attributable to owners of the parent was ¥7.291 million, compared with quarterly net profit of ¥43.347 million.」
The previous year's revenue growth and operating profitability shifted to a 9.3% decline in revenue, with operating profit, ordinary profit and quarterly net profit attributable to owners of the parent turning into losses or negative results. - FY2023-Q1ReframedAnnual report
「As a result, revenue was ¥1,027.948 million, down 9.5% year on year, and operating loss was ¥45.651 million, compared with operating profit of ¥3.000 million in the previous year. Ordinary loss was ¥43.558 million, compared with ordinary profit of ¥0.702 million, and quarterly net loss attributable to owners of the parent was ¥36.771 million, compared with ¥9.814 million.」
The previous year's revenue growth and operating profitability shifted to a 9.5% decline in revenue and operating and ordinary losses. The company attributed this to the impact of the infectious disease on offline marketing and higher personnel expenses due to continued hiring. - FY2022AdvancedAnnual report
「As a result, revenue was ¥5,423.862 million, up 24.3% from the previous consolidated fiscal year; operating profit was ¥342.168 million, up 202.6%; ordinary profit was ¥340.756 million, up 178.8%; and net profit attributable to owners of the parent was ¥255.050 million, up 1,915.3%.」
The company progressed beyond the previous period's profit improvement despite declining revenue. Against a backdrop of demand for digital marketing and a recovery in offline promotions, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all increased substantially. - FY2022-Q3AdvancedAnnual report
「As a result, revenue was ¥3,964.702 million, up 27.2% year on year; operating profit was ¥201.107 million, up 1,515.5%; ordinary profit was ¥200.238 million, up 847.2%; and quarterly net profit attributable to owners of the parent was ¥125.538 million, compared with a quarterly net loss of ¥26.990 million in the previous year.」
Against a backdrop of firm demand centered on app development and app marketing, revenue increased 27.2%, operating profit and ordinary profit rose substantially, and quarterly net income attributable to owners of the parent turned from a loss in the previous year to a profit. - FY2022-Q2AdvancedAnnual report
「As a result, revenue was ¥2,417.742 million, up 15.9% year on year; operating profit was ¥80.164 million, compared with an operating loss of ¥15.169 million; ordinary profit was ¥79.655 million, compared with ordinary loss of ¥13.031 million; and quarterly net profit attributable to owners of the parent was ¥43.347 million, compared with a quarterly net loss of ¥11.207 million.」
Revenue increased 15.9% year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent turned from losses in the previous year to profits. - FY2022-Q1AdvancedAnnual report
「As a result, revenue was ¥1,135.812 million, up 15.7% year on year, and operating profit was ¥3.000 million, compared with an operating loss of ¥28.332 million in the previous year. Ordinary profit was ¥0.702 million, compared with ordinary loss of ¥27.947 million, and quarterly net loss attributable to owners of the parent was ¥9.814 million, compared with ¥24.599 million.」
Operating loss and ordinary loss in the previous year turned into operating profit of ¥3.000 million and ordinary profit of ¥0.702 million. Quarterly net loss attributable to owners of the parent also narrowed from ¥24.599 million to ¥9.814 million. - FY2021ReframedAnnual report
「As a result, revenue was ¥4,363.138 million, down 18.3% from the previous consolidated fiscal year; operating profit was ¥113.054 million, down 1.6%; ordinary profit was ¥122.208 million, up 6.9%; and net profit attributable to owners of the parent was ¥12.655 million, compared with a net loss of ¥81.509 million in the previous consolidated fiscal year.」
Revenue and operating profit declined, while ordinary profit increased and net income attributable to owners of the parent turned from a loss of ¥81.509 million to a profit of ¥12.655 million. The previous pattern of revenue growth alongside profit growth shifted to improved profitability and recovery in net income despite declining revenue. - FY2021-Q3AdvancedAnnual report
「As a result, revenue was ¥3,116.784 million, down 18.7% year on year, and operating profit was ¥12.448 million, compared with an operating loss of ¥47.223 million in the previous year. Ordinary profit was ¥21.138 million, compared with ordinary loss of ¥46.463 million, and quarterly net loss attributable to owners of the parent was ¥26.990 million, compared with ¥70.819 million.」
Revenue declined 18.7% year on year, while operating profit and ordinary profit turned from losses in the previous year to profits, and quarterly net loss attributable to owners of the parent also narrowed. - FY2021-Q2ReframedAnnual report
「The company recorded an operating loss of ¥15.169 million for the six months ended the second quarter, an improvement of ¥61.698 million year on year, but returned to profitability on a standalone basis in the second quarter.」
Revenue declined 14.0% year on year, while operating loss narrowed from ¥76.867 million to ¥15.169 million and the second quarter alone returned to profitability. The pattern shifted from profit growth accompanied by revenue growth to narrowing losses and quarterly profitability despite declining revenue. - FY2021-Q1AdvancedAnnual report
「As a result, revenue was ¥981.377 million, up 24.4% year on year, and operating loss was ¥28.332 million, compared with an operating loss of ¥175.435 million in the same quarter of the previous year. Ordinary loss was ¥27.947 million, compared with ordinary loss of ¥174.887 million, and quarterly net loss attributable to owners of the parent was ¥24.599 million, compared with ¥132.365 million.」
Revenue increased 24.4% year on year, while losses continued. However, operating loss narrowed from ¥175.435 million to ¥28.332 million, and ordinary loss narrowed from ¥174.887 million to ¥27.947 million. - FY2020ReframedAnnual report
「The company also impaired software related to the fintech business operated by a consolidated subsidiary, recording an impairment loss of ¥144.215 million as an extraordinary loss. As a result, revenue was ¥5,337.307 million, operating profit was ¥114.896 million, ordinary profit was ¥114.353 million, and net loss attributable to owners of the parent was ¥81.509 million.」
Revenue, operating profit and ordinary profit were positive, while an impairment loss on fintech business software, including MoneyEasy, resulted in a net loss attributable to owners of the parent. - FY2020-Q3AdvancedAnnual report
「Although the company recorded an operating loss for the nine months ended the third quarter, it reported profits from the second quarter onward. Efforts to address the issues and implement the response measures identified at the beginning of the period are progressing smoothly, and further improvement is expected from the fourth quarter onward.」
Although the cumulative period remained loss-making at the operating level, the company reported profits from the second quarter onward, indicating progress on the issues and response measures identified at the beginning of the period and expected improvement from the fourth quarter onward. - FY2020-Q2AdvancedAnnual report
「Although the company recorded an operating loss for the six months ended the second quarter, it returned to profitability on a standalone basis in the three months from July through September. Efforts to address the issues and implement the response measures identified at the beginning of the period are progressing smoothly, and further improvement is expected from the third quarter onward.」
Although the cumulative period remained loss-making at the operating level, the second quarter alone returned to profitability, and the company said that its efforts to address the issues and implement the response measures identified at the beginning of the period were progressing. - FY2020-Q1RestatedAnnual report
「Although the company recorded an operating loss for the three months ended the first quarter, efforts to address the issues and implement the response measures identified at the beginning of the period are progressing smoothly, and improvement is expected from the second quarter onward.」
The first quarter also showed revenue generation alongside an operating loss. However, no comparison with the same quarter of the previous year was provided because the fiscal year-end was changed. - FY2019ReframedAnnual report
「Revenue increased approximately threefold following the formation of the group and remained firm across monthly retainers, app development, consulting and promotions. However, investments to support business expansion, including hiring, investments following the business and capital alliance, including PMI, and investments in new businesses caused costs to precede revenue growth.」
While the scale of revenue increased approximately threefold following the formation of the group, investment costs preceded revenue growth, resulting in operating profit of ¥12.894 million, an operating margin of 0.4%, and an interim net loss attributable to owners of the parent of ¥26.767 million. - FY2019-Q4ReframedAnnual report
「Investments to support business expansion, including hiring, investments following the business and capital alliance, including PMI, and investments in new businesses caused costs to precede revenue growth. As a result, revenue was ¥1,982.509 million, operating loss was ¥108.115 million, ordinary loss was ¥105.522 million, and quarterly net loss attributable to owners of the parent was ¥97.851 million.」
While revenue was generated through business expansion following the formation of the group, investments in hiring, PMI and new businesses preceded revenue growth, resulting in an operating loss, ordinary loss and quarterly net loss attributable to owners of the parent. - FY2019-Q3ReframedAnnual report
「Revenue from monthly retainers, app development, consulting and promotions remained firm. However, increases in selling, general and administrative expenses, including recruitment and personnel expenses, preceded the increase in revenue. As a result, revenue was ¥1,004.615 million, operating loss was ¥41.350 million, ordinary loss was ¥39.958 million, and net loss attributable to owners of the parent was ¥43.282 million.」
Although no year-on-year comparison was made because this was the first year of consolidation, revenue from each service remained firm while increases in recruitment and personnel expenses and other costs preceded revenue growth, resulting in an operating loss, ordinary loss and quarterly net loss attributable to owners of the parent. - FY2018RestatedAnnual report
「As a result, revenue was ¥1,540.229 million, up 3.1% year on year; operating profit was ¥49.204 million, down 76.7%; ordinary profit was ¥43.760 million, down 79.3%; and net profit was ¥28.156 million, down 81.4%.」
For the full year, revenue increased, while all profit measures declined substantially due to recruitment and personnel expenses, costs related to expanded floor space and PMI costs, among other factors. - FY2019-Q1RestatedAnnual report
「As noted above, revenue increased, but operating profit and ordinary profit declined year on year due to higher recruitment and personnel expenses resulting from active hiring, among other factors. As a result, revenue was ¥1,187.809 million, up 7.4% year on year; operating profit was ¥99.809 million, down 37.7%; ordinary profit was ¥99.969 million, down 37.9%; and quarterly net profit was ¥70.522 million, down 38.7%.」
Revenue increased, while operating profit, ordinary profit and net profit declined against a backdrop of higher expenses associated with active hiring. - FY2018-Q4ReframedAnnual report
「As a result, revenue was ¥716.277 million, up 11.3% year on year; operating profit was ¥40.105 million, down 46.8%; ordinary profit was ¥40.442 million, down 46.4%; and quarterly net profit was ¥27.448 million, down 48.8%.」
From the previous quarter's decline in revenue and losses, the current quarter shifted to higher revenue but lower profit measures due in part to increased recruitment and personnel expenses. - FY2018-Q3ReframedAnnual report
「As a result, revenue was ¥307.034 million, down 18.2% year on year; operating loss was ¥13.087 million, compared with operating profit of ¥65.634 million in the previous year; ordinary loss was ¥13.078 million, compared with ordinary profit of ¥65.657 million; and quarterly net loss was ¥9.274 million, compared with quarterly net profit of ¥46.139 million.」
The previous pattern of revenue and profit growth changed. In the current quarter, revenue declined and operating profit and other profit measures were negative, reflecting the absence of large-scale project releases and increases in recruitment and personnel expenses. - FY2017RestatedAnnual report
「As a result, revenue was ¥1,493.352 million, up 21.4% year on year; operating profit was ¥210.773 million, up 54.0%; ordinary profit was ¥211.539 million, up 53.9%; and net profit was ¥151.558 million, up 64.4%.」
The full-year results also show increases in revenue, operating profit, ordinary profit and net profit. - FY2018-Q1RestatedAnnual report
「As a result, revenue for the nine months ended the third quarter was ¥1,105.817 million, up 27.1% year on year, supported by an increase in users, large-scale app development projects and ongoing app marketing. Operating profit was ¥160.334 million, up 102.4%; ordinary profit was ¥161.064 million, up 103.5%; and quarterly net profit was ¥114.992 million, up 121.9%, reflecting the effect of higher revenue and an improved cost ratio as in-house production progressed.」
As in the previous period, both revenue and all profit measures increased. The company cited users, large-scale projects, ongoing app marketing and an improved cost ratio from greater in-house production as factors behind the increases in revenue and profit. - FY2017-Q4RestatedAnnual report
「As a result, revenue for the six months ended the second quarter was ¥643.795 million, up 30.9% year on year, supported by an increase in users and large-scale app development and release projects. Operating profit was ¥75.395 million, up 271.4%; ordinary profit was ¥75.491 million, up 268.7%; and quarterly net profit was ¥53.574 million, up 336.5%, reflecting the effect of higher revenue and an improved cost ratio as in-house production progressed.」
As in the previous period, revenue increased on the back of user growth and large-scale app projects, while all profit measures also increased due to the effect of higher revenue and an improved cost ratio from greater in-house production. - FY2017-Q3ReframedAnnual report
「As a result, revenue for the three months ended the first quarter was ¥375.398 million, up 63.5% year on year, supported by an increase in large-scale app development and release projects. Operating profit was ¥65.634 million, up 541.7%; ordinary profit was ¥65.657 million, up 535.9%; and quarterly net profit was ¥46.139 million, up 795.8%, reflecting the effect of higher revenue and an improved cost ratio as in-house production progressed.」
The previous filing's combination of revenue growth and declining profits has changed. In the current filing, revenue and all profit measures increased, driven by large-scale projects, the effect of higher revenue and an improved cost ratio resulting from greater in-house production. - FY2016ReframedAnnual report
「As a result, revenue was ¥1,230.142 million, up 65.2% year on year; operating profit was ¥136.888 million, up 27.2%; ordinary profit was ¥137.426 million, up 27.2%; and net profit was ¥92.197 million, up 27.4%.」
The previous filing showed revenue growth alongside declining profits, whereas this filing shows increases in revenue, operating profit, ordinary profit and net profit. - FY2017-Q1First statedAnnual report
「As a result, revenue was ¥869.719 million, up 63.6% year on year; operating profit was ¥79.218 million, down 10.8%; ordinary profit was ¥79.130 million, down 11.2%; and quarterly net profit was ¥51.826 million, down 11.4%.」
Revenue increased 63.6% year on year, while operating profit, ordinary profit and quarterly net profit all declined year on year.