Strengthening Business Earnings Power
First written in FY2016. 18 of 34 entries say "Worsened", first in FY2018-Q1. Latest entry: 2026-10-21.
Tokuyama moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2019: 12 of 76 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- 2026-10-21Worsenedfinance.yahoo.co.jp
「2027年3月期第1四半期は売上高857億円を計上し、営業利益は前年同期比22.9%減の61億円。」
増収にもかかわらず営業利益が前年同期比で減少し、事業収益力に関する直近の実績が悪化したと報じられた。 - 2026-07-29WorsenedEarnings presentation
「Full-year results are expected to increase in revenue but decrease in profit due to higher raw-material and fuel costs, among other factors.」
First-quarter operating income declined 23% year on year, and full-year operating income was expected to fall from ¥37.0 billion in the previous fiscal year to ¥34.0 billion. The company’s earnings power showed a weakening trend from the recent pattern of profit growth. - FY2026AdvancedAnnual report
「Operating income increased by ¥7,049 million from the previous fiscal year to ¥37,017 million, up 23.5% year on year, mainly due to firm sales of semiconductor-related products and progress in improving manufacturing costs.」
Full-year operating income increased 23.5% from the previous fiscal year, with firm sales of semiconductor-related products and improved manufacturing costs identified as specific factors supporting higher earnings. - FY2026-H1AdvancedAnnual report
「Operating income increased by ¥5,193 million year on year to ¥19,152 million, up 37.2% year on year, mainly due to firm sales of semiconductor-related products and progress in improving manufacturing costs.」
Interim operating income increased 37.2% year on year. Firm sales of semiconductor-related products and improved manufacturing costs were identified as specific factors behind the improvement in business earnings power. - FY2025-H1AdvancedAnnual report
「Operating income increased by ¥5,382 million year on year to ¥13,958 million, up 62.8% year on year, mainly due to firm sales of semiconductor-related products and progress in improving manufacturing costs.」
Operating income increased 62.8% year on year. Firm sales of semiconductor-related products and improved manufacturing costs were identified as specific factors behind the improvement in business earnings power. - FY2024-Q3AdvancedAnnual report
「Although sales of semiconductor-related products remained weak due to the slowdown in the semiconductor market, operating income increased by ¥3,775 million year on year to ¥16,937 million, up 28.7% year on year, mainly due to higher domestic selling prices for cement and chemicals and firm sales of healthcare-related products.」
Although weak sales of semiconductor-related products were a headwind, operating income increased 28.7% year on year on higher domestic selling prices and firm sales of healthcare-related products. - FY2024-Q2AdvancedAnnual report
「Despite lower sales volumes of semiconductor-related products and weak overseas market conditions for chemicals, operating income increased by ¥279 million year on year to ¥8,576 million, up 3.4% year on year, mainly due to higher domestic selling prices for cement and chemicals and firm sales of healthcare-related products.」
Cumulative second-quarter operating income increased 3.4% year on year. Higher domestic selling prices and firm sales of healthcare-related products outweighed the negative impact of lower semiconductor sales volumes and weak overseas market conditions for chemicals. - FY2024-Q1AdvancedAnnual report
「Operating income increased by ¥34 million year on year to ¥5,142 million, up 0.7% year on year, mainly due to higher selling prices for cement, chemicals and other products, and firm sales of life science-related products.」
Operating income increased 0.7% year on year. Higher selling prices for cement, chemicals and other products, together with firm sales of life science-related products, were cited as factors supporting higher earnings. - FY2023WorsenedAnnual report
「Operating income decreased by ¥10,202 million from the previous fiscal year to ¥14,336 million, down 41.6% year on year, due to higher logistics expenses and raw material and fuel costs, as well as lower overseas market prices for vinyl chloride monomer.」
Full-year operating income was ¥14,336 million, down 41.6% from the previous fiscal year due to higher logistics expenses and raw material and fuel costs, as well as lower overseas market prices for vinyl chloride monomer. - FY2023-Q3WorsenedAnnual report
「Operating income decreased by ¥3,956 million year on year to ¥13,161 million, down 23.1% year on year, due to higher logistics expenses and raw material and fuel costs, as well as lower overseas market prices for vinyl chloride monomer.」
Cumulative third-quarter operating income decreased 23.1% year on year. Higher logistics expenses and raw material and fuel costs, together with lower overseas market prices for vinyl chloride monomer, were identified as factors behind the deterioration in business earnings power. - FY2023-Q2WorsenedAnnual report
「Operating income decreased by ¥3,368 million year on year to ¥8,296 million, down 28.9% year on year, due to higher logistics expenses and raw material and fuel costs.」
Cumulative second-quarter operating income decreased 28.9% year on year due to higher logistics expenses and raw material and fuel costs. - FY2023-Q1WorsenedAnnual report
「Despite higher overseas market prices for caustic soda, operating income decreased by ¥2,388 million year on year to ¥5,108 million, down 31.9% year on year, mainly due to higher logistics expenses and raw material and fuel costs.」
Operating income decreased 31.9% year on year. Although overseas market prices for caustic soda increased, higher logistics expenses and raw material and fuel costs weighed on earnings power. - FY2022-Q3WorsenedAnnual report
「Despite higher overseas market prices for vinyl chloride monomer, operating income decreased by ¥4,581 million year on year to ¥17,118 million, down 21.1% year on year, mainly due to higher raw material and fuel costs.」
Cumulative third-quarter operating income was ¥17,118 million, down 21.1% year on year. Higher raw material and fuel costs outweighed factors supporting higher earnings, including higher overseas market prices. - FY2022-Q2WorsenedAnnual report
「Although sales of semiconductor-related products remained firm, operating income decreased by ¥1,276 million year on year to ¥11,665 million, down 9.9% year on year, mainly due to higher raw material and fuel costs.」
Although sales of semiconductor-related products remained firm, cumulative second-quarter operating income decreased 9.9% year on year due mainly to higher raw material and fuel costs. - FY2022-Q1AdvancedAnnual report
「Despite higher raw material and fuel costs, operating income increased by ¥843 million year on year to ¥7,496 million, up 12.7% year on year, mainly due to higher overseas market prices for vinyl chloride monomer and firm sales of semiconductor-related products.」
Operating income increased 12.7% year on year to ¥7,496 million. Although higher raw material and fuel costs had an impact, higher overseas market prices for vinyl chloride monomer and firm sales of semiconductor-related products were cited as factors supporting higher earnings. - FY2021-Q3WorsenedAnnual report
「Despite lower raw material and fuel costs, operating income decreased by ¥3,054 million year on year to ¥21,700 million, down 12.3% year on year, mainly due to lower sales volumes of caustic soda and other products amid the spread of COVID-19.」
Although raw material and fuel costs declined, cumulative third-quarter operating income decreased 12.3% year on year due to lower sales volumes of caustic soda and other products resulting from the spread of the infection. - FY2021-Q2WorsenedAnnual report
「Despite lower raw material and fuel costs, operating income decreased by ¥1,670 million year on year to ¥12,941 million, down 11.4% year on year, mainly due to lower domestic sales volumes of caustic soda amid the spread of COVID-19 and weak selling prices for petrochemical products.」
Although raw material and fuel costs declined, operating income decreased 11.4% year on year due to lower domestic sales volumes of caustic soda and weak selling prices for petrochemical products. - FY2021-Q1WorsenedAnnual report
「Despite lower raw material and fuel costs, operating income decreased by ¥373 million year on year to ¥6,653 million, down 5.3% year on year, mainly due to lower overseas market prices for caustic soda amid the spread of COVID-19 and weak selling prices for petrochemical products.」
Although raw material and fuel costs declined, operating income decreased 5.3% year on year due to lower overseas market prices for caustic soda amid the spread of COVID-19 and weak selling prices for petrochemical products. - FY2020-Q3WorsenedAnnual report
「Operating income decreased by ¥700 million year on year to ¥24,754 million, down 2.8% year on year, due mainly to weak sales, particularly of core products.」
Weak sales, particularly of core products, caused cumulative third-quarter operating income to decline 2.8% year on year. Earnings continued to decline, but the decrease narrowed from the 14.1% decline recorded for the cumulative second quarter. - FY2020-Q2WorsenedAnnual report
「Operating income decreased by ¥2,407 million year on year to ¥14,612 million, down 14.1% year on year, due mainly to weak sales, particularly of core products.」
Weak sales, particularly of core products, caused cumulative second-quarter operating income to decline 14.1% year on year. In addition to the impact of higher raw material and fuel costs that continued from the previous fiscal year, weak sales were identified as a factor behind the deterioration in business earnings power. - FY2020-Q1WorsenedAnnual report
「Operating income decreased by ¥1,857 million year on year to ¥7,026 million, down 20.9% year on year, due to weak sales across the businesses.」
Weak sales across the businesses caused first-quarter operating income to decline 20.9% year on year. The deterioration in business earnings power has continued from the previous fiscal year's decline in full-year earnings. - FY2019WorsenedAnnual report
「Although sales across the businesses remained firm, higher manufacturing costs, including increased raw material and fuel prices, weighed on operating income in each segment. As a result, operating income decreased by ¥6,005 million from the previous fiscal year to ¥35,262 million, down 14.6% year on year.」
Although sales remained firm, higher manufacturing costs, including increased raw material and fuel prices, caused full-year operating income to decline 14.6% from the previous fiscal year. - FY2019-Q3WorsenedAnnual report
「Although sales across the businesses remained firm, higher manufacturing costs, including increased raw material and fuel prices, weighed on operating income in each segment. As a result, operating income decreased by ¥4,695 million year on year to ¥25,454 million, down 15.6% year on year.」
Although sales remained firm, higher manufacturing costs, including increased raw material and fuel prices, caused cumulative third-quarter operating income to decline 15.6% year on year. - FY2019-Q2WorsenedAnnual report
「Although sales across the businesses remained firm, higher manufacturing costs, including increased raw material and fuel prices, weighed on operating income in each segment. As a result, operating income decreased by ¥1,859 million year on year to ¥17,019 million, down 9.8% year on year.」
Although sales remained firm, higher manufacturing costs, including increased raw material and fuel prices, caused cumulative second-quarter operating income to decline 9.8% year on year. - FY2019-Q1AdvancedAnnual report
「Despite higher manufacturing costs resulting from increased raw material and fuel prices, operating income increased by ¥390 million year on year to ¥8,883 million, up 4.6% year on year, owing mainly to firm sales across the businesses and improved earnings resulting from price revisions.」
Despite higher costs from increased raw material and fuel prices, operating income was ¥8,883 million, up 4.6% year on year, supported by firm sales and price revisions. - FY2018-Q3AdvancedAnnual report
「Despite higher manufacturing costs resulting from increased raw material and fuel prices, operating income increased by ¥1,871 million year on year to ¥30,150 million, up 6.6% year on year, owing mainly to firm sales across the businesses and improved earnings resulting from price revisions.」
Despite higher costs from increased raw material and fuel prices, cumulative third-quarter operating income was ¥30,150 million, up 6.6% year on year, supported by firm sales across the businesses and price revisions. - FY2018-Q2AdvancedAnnual report
「Despite higher manufacturing costs resulting from increased raw material and fuel prices, operating income increased by ¥1,246 million year on year to ¥18,878 million, up 7.1% year on year, owing mainly to firm sales across the businesses and improved earnings resulting from price revisions.」
Despite the impact of higher raw material and fuel costs, operating income increased 7.1% year on year on firm sales and price revisions, indicating a quantitative improvement in business earnings power. - FY2018-Q1WorsenedAnnual report
「Operating income decreased by ¥809 million year on year to ¥8,493 million, down 8.7% year on year, mainly due to higher manufacturing costs resulting from the increase in raw material and fuel prices.」
Operating income declined 8.7% year on year, with higher manufacturing costs resulting from increased raw material and fuel prices identified as a factor behind the deterioration in business earnings power. - FY2017-Q3AdvancedAnnual report
「Operating income increased by ¥16,201 million year on year to ¥29,142 million, up 125.2% year on year, mainly due to improved capacity utilization and lower depreciation expenses at Tokuyama Malaysia Sdn. Bhd., as well as lower manufacturing costs resulting from the decline in raw material and fuel prices.」
Operating income for the cumulative third quarter was ¥29,142 million, up 125.2% year on year. The cited factors were improved capacity utilization in Malaysia, lower depreciation expenses, and cost reductions resulting from lower raw material and fuel prices. - FY2017-Q2AdvancedAnnual report
「Operating income increased by ¥10,476 million year on year to ¥18,025 million, up 138.8% year on year, mainly due to improved capacity utilization and lower depreciation expenses at Tokuyama Malaysia Sdn. Bhd., as well as lower manufacturing costs resulting from the decline in raw material and fuel prices.」
Operating income for the cumulative second quarter increased 138.8% year on year. Specific factors cited were improved capacity utilization in Malaysia, lower depreciation expenses, and cost reductions resulting from lower raw material and fuel prices. - FY2017-Q1AdvancedAnnual report
「Operating income increased by ¥6,591 million year on year to ¥9,531 million, up 224.2% year on year, mainly due to improved capacity utilization and lower depreciation expenses at Tokuyama Malaysia Sdn. Bhd., as well as lower manufacturing costs resulting from the decline in raw material and fuel prices.」
Operating income for the first quarter increased 224.2% year on year. Specific factors cited were improved capacity utilization in Malaysia, lower depreciation expenses, and cost reductions resulting from lower raw material and fuel prices. - FY2016First statedAnnual report
「“Strengthening business earnings power”」
This is identified as one of the priority issues under Medium-Term Management Plan 2017.