Profit improvement from new orders despite lower revenue
First written in FY2018-Q2. 17 of 33 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-11-09.
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- FY2026AdvancedAnnual report
「Although higher raw material prices resulting from soaring aluminum ingot prices had a negative impact on earnings, sales of high-strength, high-performance handrails increased. Segment sales rose ¥105 million (1.5%) year on year to ¥7,109 million, and segment profit increased ¥15 million (20.0%) to ¥90 million.」
The building materials business posted higher revenue and profit despite the negative impact of higher raw material prices, driven by increased sales of high-strength, high-performance handrails. - FY2026-H1AdvancedAnnual report
「Although higher raw material prices resulting from surging aluminum ingot prices had a negative impact on earnings, sales of aluminum building materials for detached housing increased. As a result, segment revenue rose by ¥247 million, or 7.1%, year on year to ¥3,749 million, while segment profit rose by ¥66 million, or 560.5%, to ¥78 million.」
Despite the negative impact of higher raw material prices, the building materials business posted a 7.1% increase in revenue and a 560.5% increase in segment profit due to higher sales of aluminum building materials for detached housing. - FY2025WorsenedAnnual report
「Due to higher raw material prices resulting from surging aluminum ingot prices, segment revenue fell by ¥108 million, or 1.5%, from the previous consolidated fiscal year to ¥7,004 million, while segment profit fell by ¥197 million, or 72.5%, to ¥75 million.」
The building materials business posted a 1.5% decline in revenue, while segment profit fell 72.5%, partly due to higher raw material prices resulting from surging aluminum ingot prices. - FY2025-H1WorsenedAnnual report
「Shipments of resin extruded products for housing increased due to higher demand for home renovations under the energy-saving subsidy program. However, in addition to higher raw material prices resulting from surging aluminum ingot prices, the negative impact of inventory reduction on earnings resulted in segment revenue of ¥3,501 million, up ¥1 million, or 0.1%, year on year, and segment profit of ¥11 million, down ¥135 million, or 92.0%.」
Revenue in the building materials business was virtually flat, while segment profit fell 92.0% due to the impact of surging aluminum ingot prices and inventory reduction. - FY2024ReframedAnnual report
「Sales of aluminum building materials declined due to a decrease in domestic housing starts. Segment revenue fell by ¥476 million, or 6.3%, from the previous consolidated fiscal year to ¥7,112 million, while segment profit rose by ¥13 million, or 5.4%, to ¥272 million, due to price revisions in response to higher raw material prices and other factors.」
The explanation changed from profit improvement centered on new orders and increased production to profit improvement despite lower revenue, centered on price revisions in response to raw material prices. - FY2024-Q3WorsenedAnnual report
「Sales of aluminum building materials declined due to a decrease in housing starts. Segment revenue fell by ¥421 million, or 7.3%, from the same quarter of the previous year to ¥5,365 million, while segment profit fell by ¥4 million, or 1.9%, to ¥203 million.」
The building materials business had previously reported higher profit for the first six months due to price revisions and fixed-cost controls, but this time revenue declined due to a decrease in housing starts and segment profit also turned to a 1.9% year-on-year decline. - FY2024-Q2AdvancedAnnual report
「Sales of aluminum building materials declined due to a decrease in housing starts, and segment revenue fell by ¥384 million, or 9.9%, year on year to ¥3,499 million. Segment profit, however, increased by ¥106 million, or 260.3%, to ¥147 million, owing to price revisions reflecting fluctuations in raw material prices and measures to control fixed costs.」
The building materials business posted a 9.9% decline in revenue, but segment profit increased 260.3% year on year due to price revisions and fixed-cost controls. - FY2024-Q1Profit improvement despite lower revenue through price revisions and fixed-cost controlsAnnual report
「Sales of aluminum building materials remained sluggish due to a decline in housing starts, and segment revenue fell by ¥85 million, or 4.5%, year on year to ¥1,799 million. However, segment profit increased by ¥151 million year on year to ¥151 million, due to price revisions in response to fluctuations in raw material prices and fixed-cost controls.」
Although the building materials business posted lower revenue, segment profit increased by ¥151 million from the same quarter of the previous year due to price revisions in response to raw material prices and fixed-cost controls. The factors driving profit improvement changed from new orders and increased production to price revisions and fixed-cost controls. - FY2023Revenue Growth and Earnings DeclineAnnual report
「Sales of aluminum building materials for office buildings increased as delayed condominium construction projects progressed following the impact of the COVID-19 pandemic. As a result, segment revenue was ¥7,589 million, up ¥82 million, or 1.1%, from the previous consolidated fiscal year. Segment profit was ¥258 million, down ¥20 million, or 7.4%, partly due to the impact of surging aluminum ingot prices.」
The building materials business posted higher revenue as condominium construction projects progressed, but profit declined due to the impact of surging aluminum ingot prices. - FY2023-Q3Higher sales continue, while the decline in profit narrowsAnnual report
「Although sales of aluminum building materials for detached houses were sluggish due to the decline in housing starts, sales of aluminum building materials for buildings remained firm. Segment sales increased ¥165 million (2.9%) year on year to ¥5,786 million. Segment profit declined ¥36 million (14.9%) year on year to ¥207 million, partly due to the impact of soaring aluminum ingot prices.」
The building materials business changed from a 4.1% increase in revenue and a 72.7% decline in profit in the previous quarter to a 2.9% increase in revenue and a 14.9% decline in profit. Sales of aluminum building materials for office buildings remained solid, while sales for detached housing were sluggish, and surging aluminum ingot prices contributed to the decline in profit. - FY2023-Q2WorsenedAnnual report
「Although sales of aluminum building materials for office buildings remained solid, the recovery in sales of aluminum building materials for detached housing was sluggish. As a result, segment revenue was ¥3,884 million, up ¥154 million, or 4.1%, from the same quarter of the previous year, while segment profit was ¥41 million, down ¥108 million, or 72.7%, partly due to the impact of higher aluminum ingot prices.」
The building materials business posted a 4.1% increase in revenue, but segment profit fell 72.7% due to factors including higher aluminum ingot prices. Products for office buildings remained solid, while the recovery in products for detached housing was sluggish. - FY2023-Q1Concurrent sales recovery and profit declineAnnual report
「Sales of aluminum building materials for office buildings were recovering, but the recovery in sales of aluminum building materials for detached housing remained sluggish. As a result, segment revenue was ¥1,885 million, down ¥3 million, or 0.2%, from the same quarter of the previous year. Although the segment remained profitable, segment profit declined by ¥72 million year on year, partly due to the impact of surging aluminum ingot prices.」
Although aluminum building materials for office buildings were on a recovery trend, the recovery in detached housing remained sluggish, resulting in a 0.2% decline in revenue. The segment remained profitable, but profit declined due partly to the impact of surging aluminum ingot prices. - FY2022WorsenedAnnual report
「Sales of core aluminum building materials for office buildings and detached housing remained sluggish, among other factors. As a result, segment revenue was ¥7,507 million, down ¥889 million, or 10.6%, from the previous consolidated fiscal year, while segment profit was ¥279 million, down ¥235 million, or 45.7%, partly due to the impact of surging aluminum ingot prices.」
The building materials business posted a 10.6% decline in revenue and a 45.7% decline in profit due to sluggish sales of core products and surging aluminum ingot prices. - FY2022-Q3WorsenedAnnual report
「Although sales of aluminum building materials for detached housing were at the same level as in the same quarter of the previous year, sales of aluminum building materials for office buildings remained sluggish. As a result, segment revenue was ¥5,621 million, down ¥486 million, or 8.0%, from the same quarter of the previous year, while segment profit was ¥243 million, down ¥94 million, or 27.8%, partly due to the impact of surging aluminum ingot prices.」
The building materials business posted an 8.0% decline in revenue and a 27.8% decline in profit, mainly due to sluggish sales of aluminum building materials for office buildings and the impact of surging aluminum ingot prices. - FY2022-Q2WorsenedAnnual report
「Although the detached housing business recovered, sales of handrails and coping for office buildings remained sluggish. As a result, segment revenue was ¥3,730 million, down ¥319 million, or 7.9%, from the same quarter of the previous year, while segment profit was ¥150 million, down ¥24 million, or 14.1%, partly due to the impact of higher aluminum ingot prices.」
The building materials business posted a 7.9% decline in revenue and a 14.1% decline in profit due to sluggish sales of handrails and coping for office buildings and the impact of higher aluminum ingot prices. - FY2022-Q1WorsenedAnnual report
「Although demand for screen door materials increased due to recommendations to ventilate buildings as an infection-prevention measure against COVID-19, sales of core products such as handrails and coping remained sluggish. As a result, segment revenue was ¥1,889 million, down ¥229 million, or 10.8%, from the same quarter of the previous year, while segment profit was ¥73 million, down ¥7 million, or 8.8%.」
Although demand for screen door materials increased, sluggish sales of core products such as handrails and coping resulted in lower revenue and profit in the building materials business. Profit had previously increased despite lower full-year revenue, but has now also begun to decline. - FY2021Higher Earnings Despite Lower RevenueAnnual report
「As a result, segment revenue was ¥8,397 million, down ¥862 million, or 9.3%, from the previous consolidated fiscal year. Segment profit was ¥515 million, up ¥24 million, or 4.9%, partly due to the impact of lower aluminum ingot prices.」
The building materials business posted a 9.3% decline in revenue, while segment profit increased 4.9% due to factors including lower aluminum ingot prices. - FY2021-Q3WorsenedAnnual report
「Demand for screen door materials was strong due to increased demand resulting from recommendations to ventilate buildings as an infection-prevention measure against COVID-19. However, sales of core products such as handrails and coping remained sluggish due to factors including a decline in housing starts. As a result, segment revenue was ¥6,108 million, down ¥1,003 million, or 14.1%, from the same quarter of the previous year. Despite the positive impact of lower aluminum ingot prices, segment profit was ¥338 million, down ¥48 million, or 12.4%.」
Although demand for screen door materials increased, sluggish sales of core products such as handrails and coping resulted in a 14.1% decline in revenue and a 12.4% decline in profit in the building materials business. - FY2021-Q2WorsenedAnnual report
「The main products handled by this business include aluminum building materials for office buildings and housing, and plastic extruded products for interior building materials. Although sales of carport products increased due to campaigns and other factors, sales of core products such as handrails and coping remained sluggish because of factors including a decline in housing starts. As a result, segment revenue was ¥4,050 million, down ¥723 million, or 15.1%, from the same quarter of the previous year. Despite the positive impact of lower aluminum ingot prices, segment profit was ¥175 million, down ¥113 million, or 39.2%.」
Although sales of carport products increased, core products such as handrails and coping remained sluggish, resulting in a 15.1% decline in revenue and a 39.2% decline in profit in the building materials business. - FY2021-Q1WorsenedAnnual report
「The main products handled by this business include aluminum building materials for office buildings and housing, and plastic extruded products for interior building materials. However, sales of core products such as handrails and coping remained sluggish due to factors including a decline in housing starts, resulting in lower revenue and profit than in the same quarter of the previous year. As a result, segment revenue was ¥2,118 million, down ¥433 million, or 17.0%, from the same quarter of the previous year. Segment profit was ¥80 million, down ¥93 million, or 53.8%.」
The building materials business saw sluggish sales of core products against a backdrop of declining housing starts, resulting in a 17.0% decline in revenue and a 53.8% decline in profit. - FY2020AdvancedAnnual report
「As a result, segment revenue declined to ¥9,259 million, down ¥507 million, or 5.2%, from the previous consolidated fiscal year, while segment profit rose to ¥491 million, up ¥284 million, or 137.2%.」
Although the building materials business continued to post lower revenue, full-year segment profit increased 137.2%, partly due to lower costs resulting from the decline in aluminum ingot prices. - FY2020-Q3AdvancedAnnual report
「Although housing starts were trending downward, sales of core products such as handrails and coping remained solid. As a result, segment revenue was ¥7,111 million, up ¥50 million, or 0.7%, from the same quarter of the previous year, while segment profit was ¥386 million, up ¥252 million, or 188.1%, partly due to lower costs resulting from the decline in aluminum ingot prices.」
The building materials business posted higher revenue and an 188.1% year-on-year increase in profit due to solid sales of core products and lower costs resulting from the decline in aluminum ingot prices. - FY2020-Q2Higher revenue and profit from solid sales and lower costsAnnual report
「The main products handled by this business include aluminum building materials for office buildings and housing, and plastic extruded products for interior building materials. Although housing starts, particularly rental housing starts, were trending downward, sales of core products such as handrails and coping remained solid. As a result, segment revenue was ¥4,773 million, up ¥3 million, or 0.1%, from the same quarter of the previous year, while segment profit was ¥288 million, up ¥165 million, or 134.1%, partly due to lower costs resulting from the decline in aluminum ingot prices.」
Sales of core products remained solid despite the downward trend in housing starts, and lower costs resulting from the decline in aluminum ingot prices contributed to a slight increase in revenue and a 134.1% increase in profit. - FY2020-Q1Sales recovery, higher revenue and profitAnnual report
「Sales of core products such as handrails and coping recovered as housing starts increased, resulting in higher revenue than in the same quarter of the previous year. As a result, segment revenue was ¥2,551 million, up ¥166 million, or 7.0%, year on year, while segment profit was ¥173 million, up ¥97 million, or 127.6%, partly due to lower costs resulting from the decline in aluminum ingot prices.」
The business changed from sluggish sales of core products and lower revenue and profit to higher revenue and profit, driven by a recovery in sales as housing starts increased and lower costs resulting from the decline in aluminum ingot prices. - FY2019WorsenedAnnual report
「As a result, segment revenue was ¥9,766 million, down ¥597 million, or 5.8%, from the previous consolidated fiscal year. Segment profit was ¥210 million, down ¥391 million, or 65.1%, partly due to the impact of surging aluminum ingot prices.」
The building materials business posted lower revenue due to factors including a decline in housing starts, while the impact of surging aluminum ingot prices contributed to a 65.1% decline in segment profit. - FY2019-Q3WorsenedAnnual report
「Sales of residential aluminum building materials declined year on year as sales of core products such as handrails and coping remained sluggish. As a result, segment revenue was ¥7,061 million, down ¥445 million, or 5.9%, from the same quarter of the previous year. Segment profit was ¥135 million, down ¥319 million, or 70.3%, mainly due to the impact of higher raw material prices.」
The building materials business continued to see sluggish sales of core products, with revenue down 5.9% year on year and segment profit down 70.3%. Following previous reports of maintaining or improving profit despite lower revenue, profitability has now deteriorated. - FY2019-Q2WorsenedAnnual report
「Sales of residential aluminum building materials declined year on year as sales of core products such as handrails and coping remained sluggish. As a result, segment revenue was ¥4,770 million, down ¥207 million, or 4.2%, from the same quarter of the previous year. Segment profit was ¥115 million, down ¥205 million, or 64.1%, mainly due to the impact of higher raw material prices.」
The building materials business continued to see sluggish sales of core products, resulting in a 4.2% decline in revenue and a 64.1% year-on-year decline in segment profit. - FY2019-Q1WorsenedAnnual report
「Sales of residential aluminum building materials declined year on year as sales of core products such as handrails and coping remained sluggish. As a result, segment revenue was ¥2,385 million, down ¥209 million, or 8.1%, from the same quarter of the previous year. Segment profit was ¥73 million, down ¥124 million, or 62.9%, mainly due to the impact of higher raw material prices.」
The building materials business continued to post lower revenue as sales of core products remained sluggish, while segment profit fell 62.9% year on year, partly due to higher raw material prices. - FY2018Shift from profit improvement despite lower revenue to lower revenue and profitAnnual report
「Sales of core residential aluminum building materials, including handrails and copings, were sluggish, resulting in lower revenue year on year. As a result, segment revenue declined to ¥10,363 million, down ¥523 million (4.8%) from the previous consolidated fiscal year, and segment profit declined to ¥601 million, down ¥78 million (11.5%).」
Unlike the profit improvement from new orders indicated in the quarterly report, full-year results showed a 11.5% decline in profit in addition to lower revenue. - FY2018-Q3RestatedAnnual report
「Sales of core residential aluminum building materials, including handrails and copings, were sluggish, resulting in lower revenue year on year. As a result, segment revenue declined to ¥7,506 million, down ¥171 million (2.2%) year on year, but segment profit rose to ¥454 million, up ¥24 million (5.6%), due to higher production and other factors following the acquisition of new orders.」
The report continues to describe the pattern of higher profit driven by increased production and other factors following the acquisition of new orders, despite continued revenue declines in the building materials business. - FY2018-Q2First statedAnnual report
「Sales of core residential aluminum building materials, including handrails and copings, were sluggish, resulting in lower revenue year on year. As a result, segment revenue declined to ¥4,977 million, down ¥59 million (1.2%) year on year, but segment profit rose to ¥320 million, up ¥47 million (17.2%), due to higher production and other factors following the acquisition of new orders.」
Revenue in the building materials business declined 1.2%, but segment profit increased 17.2% due to higher production and other factors following the acquisition of new orders.