Profitability of Overseas Subsidiaries in the Fiscal Year Ending January 2028
First written in FY2025. 1 of 2 entries say "Softened", first in FY2026. Latest entry: FY2026.
Neojapan moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 4 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Softened".
- FY2026SoftenedAnnual report
「As a result of efforts to review the management control structure and strengthen staffing at the Malaysian and Thai subsidiaries, recurring revenue has gradually accumulated. The Company expects them to turn profitable in the fiscal year ending January 2029 if sales continue to build at the recent pace. However, if sales do not expand as planned, this could affect the operating results and financial position of the Group.」
The expected timing for the Malaysian and Thai subsidiaries to turn profitable changed from the fiscal year ending January 2028 to the fiscal year ending January 2029. - FY2025First statedAnnual report
「The Company expects to become profitable in the fiscal year ending January 2028 if revenue continues to build at the recent pace, but failure to expand revenue as planned could affect the Group’s performance and financial position.」
Newly states an expectation that the Malaysian and Thai subsidiaries will become profitable in the fiscal year ending January 2028, assuming revenue continues to accumulate at the recent pace.