Establishing a global brand in the resins business and a stable earnings structure
First written in FY2016. 18 of 35 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-07-31.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「Earnings declined year on year because of higher fixed costs, including depreciation and labor costs. Accordingly, segment revenue was ¥22,977 million, down 0.3% year on year, and operating profit was ¥918 million, down 18.0%.」
Although revenue in the resin business was largely flat, operating profit fell from ¥1,118 million to ¥918 million. Higher fixed costs caused earnings related to the global brand and a stable earnings structure to deteriorate. - FY2026-H1WorsenedAnnual report
「Although revenue increased in Japan and overseas, earnings fell year on year because of higher fixed costs, including depreciation and labor costs. Accordingly, segment revenue was ¥11,533 million, up 4.4% year on year, and operating profit was ¥449 million, down 9.6%.」
Although the resin business reported higher revenue, operating profit declined because of higher fixed costs, including depreciation and labor costs, indicating deterioration in earnings related to a stable earnings structure. - FY2025-H1WorsenedAnnual report
「As a result, segment revenue was ¥11,051 million, up 3.0% year on year, and operating profit was ¥496 million, down 25.1%.」
Although the resin business reported higher revenue, operating profit fell 25.1% year on year, indicating deterioration in earnings related to a stable earnings structure. - FY2024AdvancedAnnual report
「As a result, segment revenue was ¥22,267 million, up 8.4% year on year, and operating profit was ¥1,528 million, up 90.9%.」
The resin business reported higher revenue, while operating profit increased 90.9% year on year. Earnings related to establishing a global brand and a stable earnings structure continued to improve. - FY2024-Q3AdvancedAnnual report
「As a result, segment revenue was ¥16,750 million, up 10.8% year on year, and operating profit was ¥1,244 million, up 185.1%.」
The resin business reported higher revenue, while operating profit increased 185.1% year on year. This demonstrated progress in earnings toward establishing a global brand and a stable earnings structure. - FY2024-Q2AdvancedAnnual report
「As a result, segment revenue was ¥10,731 million, up 11.1% year on year, and operating profit was ¥663 million, up 199.6%.」
The resin business reported higher revenue, while operating profit increased 199.6% year on year. This demonstrated progress in earnings toward establishing a global brand and a stable earnings structure. - FY2024-Q1AdvancedAnnual report
「As a result, segment revenue was ¥5,272 million, up 13.8% year on year, and operating profit was ¥259 million, up 519.3%.」
The resin business reported higher revenue, while operating profit increased substantially from ¥42 million in the same period of the previous year to ¥259 million. Earnings improved toward establishing a global brand and a stable earnings structure. - FY2023-Q3WorsenedAnnual report
「Although high-performance resins performed above the previous year, the resin business as a whole fell below the previous year because, in molded products and foam materials, selling prices failed to keep pace with higher raw-material prices even though the increase in raw-material prices had moderated. Accordingly, segment revenue was ¥15,122 million, up 10.1% year on year, and operating profit was ¥436 million, down 40.0%.」
Although the resin business reported higher revenue, selling prices for molded products and foam materials failed to keep pace with higher raw-material prices, and operating profit fell 40.0% year on year. Earnings related to a stable earnings structure lost ground. - FY2023-Q1WorsenedAnnual report
「Although the company has continued to revise product prices as needed to address persistently high raw-material prices, price increases have not kept pace with the rise in raw-material costs, resulting in performance below the previous year. Accordingly, segment revenue was ¥4,633 million, up 5.5% year on year, and operating profit was ¥42 million, down 81.8%.」
Although the resin business reported higher revenue, it was unable to absorb higher raw-material costs despite revising product prices, and operating profit fell 81.8% year on year. Earnings related to a stable earnings structure deteriorated. - FY2022WorsenedAnnual report
「Although high-performance resins reported higher profit, molded products and foam-material products fell below the previous year because of the impact of surging raw-material prices. Accordingly, revenue was ¥18,608 million, up 17.1% year on year, and operating profit was ¥819 million, down 11.9%.」
Although the resin business reported higher revenue, operating profit fell from ¥930 million in the previous year to ¥819 million because of surging raw-material prices, indicating deterioration in earnings related to a stable earnings structure. - FY2022-Q3AdvancedAnnual report
「Although earnings were affected by higher raw-material prices and restrictions on electricity supply in China, increased sales resulted in performance above the previous year. Accordingly, segment revenue was ¥13,734 million, compared with ¥11,108 million in the same period of the previous year, and operating profit was ¥728 million, compared with ¥423 million.」
Although the resin business was affected by higher raw-material prices and restrictions on electricity supply in China, both revenue and operating profit exceeded the comparative figures for the same period of the previous year, demonstrating progress in earnings toward a stable earnings structure. - FY2022-Q2AdvancedAnnual report
「As a result, segment revenue was ¥8,786 million, compared with revenue of ¥6,856 million in the same period of the previous year, and operating profit was ¥460 million, compared with operating profit of ¥173 million.」
The resin business reported higher revenue and operating profit year on year. Revenue increased from ¥6,856 million to ¥8,786 million, and operating profit increased from ¥173 million to ¥460 million, demonstrating progress in earnings toward establishing a global brand and a stable earnings structure. - FY2022-Q1AdvancedAnnual report
「As a result, segment revenue was ¥4,391 million, compared with revenue of ¥3,114 million in the same period of the previous year, and operating profit was ¥230 million, compared with an operating loss of ¥64 million.」
The resin business swung from an operating loss of ¥64 million in the same period of the previous year to operating profit of ¥230 million, while revenue also increased. Earnings improved toward establishing a global brand and a stable earnings structure. - FY2021WorsenedAnnual report
「Earnings fell below the previous fiscal year because the business did not fully offset the decline in molded-product sales in the first half. Accordingly, revenue was ¥15,891 million, down 7.7% year on year, and operating profit was ¥930 million, down 19.2%.」
The resin business reported lower full-year revenue and operating profit, with earnings related to establishing a global brand and a stable earnings structure falling back from the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「Earnings remained below the previous year because the business did not fully recover from the decline in the first half. Accordingly, segment revenue was ¥11,108 million, down 12.0% year on year, and operating profit was ¥423 million, down 41.5%.」
The resin business reported lower revenue for the first 3 quarters, and operating profit also fell 41.5% year on year. Earnings improvement related to a stable earnings structure lost ground. - FY2021-Q2WorsenedAnnual report
「Earnings fell below the previous year because of lower sales of products for molded-product applications, although the business remained profitable. Accordingly, segment revenue was ¥6,856 million, down 14.6% year on year, and operating profit was ¥173 million, down 58.3%.」
Although the resin business remained profitable, revenue fell 14.6% and operating profit fell 58.3%, indicating deterioration in earnings related to a stable earnings structure. - FY2021-Q1WorsenedAnnual report
「Earnings fell into the red because of the impact of lower sales. Accordingly, segment revenue was ¥3,114 million, down 16.6% year on year, and the operating loss was ¥64 million, compared with operating profit of ¥144 million in the same period of the previous year.」
The resin business swung from operating profit of ¥144 million in the same period of the previous year to an operating loss of ¥64 million as a result of lower sales. Earnings deteriorated with respect to establishing a global brand and a stable earnings structure. - FY2020-Q3AdvancedAnnual report
「Earnings were substantially higher than in the previous year, supported by production-efficiency improvements implemented since last year and the consolidation effect of the spray-application contractor mentioned above. Accordingly, segment revenue was ¥12,616 million, up 1.0% year on year, and operating profit was ¥732 million, up 43.9%.」
Production-efficiency improvements and the consolidation effect of the spray-application contractor drove a 1.0% increase in resin-business revenue and a 43.9% increase in operating profit, improving earnings toward a stable earnings structure. - FY2020-Q2AdvancedAnnual report
「Earnings were substantially higher than in the same period of the previous year, supported by cost reductions from production-efficiency improvements that had been underway since last year. Accordingly, segment revenue was ¥8,031 million, down 2.4% year on year, and operating profit was ¥420 million, up 22.2%.」
Although the resin business reported lower revenue, continued production-efficiency improvements and cost reductions increased operating profit by 22.2% year on year, demonstrating progress in earnings toward a stable earnings structure. - FY2020-Q1AdvancedAnnual report
「Meanwhile, cost reductions from production-efficiency improvements resulted in earnings above those of the same period of the previous year. Accordingly, segment revenue was ¥3,733 million, down 7.5% year on year, and operating profit was ¥144 million, up 5.2%.」
Although the resin business reported lower revenue, cost reductions from production-efficiency improvements drove a 5.2% year-on-year increase in operating profit, marking concrete progress in improving the earnings structure. - FY2019WorsenedAnnual report
「Meanwhile, higher prices for key raw materials and freight costs put pressure on earnings, resulting in performance below the previous year.」
The resin business reported revenue of ¥16,254 million, up 6.6% from the previous fiscal year, while operating profit was ¥672 million, down 23.1%. Earnings deteriorated in terms of progress toward a stable earnings structure. - FY2019-Q3WorsenedAnnual report
「Meanwhile, earnings fell below the same period of the previous year because the business was unable to absorb higher costs caused by surging raw-material prices. Accordingly, segment revenue was ¥12,486 million, up 12.1% year on year, and operating profit was ¥509 million, down 34.9%.」
Although the resin business secured higher revenue, it was unable to absorb higher costs caused by surging raw-material prices, and operating profit fell 34.9% year on year. Earnings improvement toward a stable earnings structure has fallen further behind. - FY2019-Q2WorsenedAnnual report
「As a result, segment revenue was ¥8,230 million, up 14.0% year on year, and operating profit was ¥344 million, down 35.9%.」
Although the resin business reported higher revenue, it was unable to absorb higher costs caused by surging raw-material prices, and operating profit fell 35.9% year on year. Earnings improvement toward a stable earnings structure has lost ground. - FY2019-Q1WorsenedAnnual report
「Although the company implemented further production-efficiency improvements and cost reductions through higher productivity, it was unable to absorb increases in raw-material prices through its own efforts, resulting in performance below the previous year. Accordingly, segment revenue was ¥4,035 million, up 12.1% year on year, and operating profit was ¥137 million, down 49.2%.」
Although the resin business reported higher revenue, it was unable to absorb higher raw-material costs despite production-efficiency improvements and cost reductions, and operating profit fell 49.2% year on year. Earnings deteriorated in terms of progress toward a stable earnings structure. - FY2018AdvancedAnnual report
「Although higher prices for key raw materials had a significant impact, increased sales and various cost-reduction measures, including production and logistics-efficiency improvements to prepare for surging raw-material prices, proved effective, resulting in performance above that of the previous consolidated fiscal year. Revenue was ¥15,254 million, up 25.0% year on year, and operating profit was ¥874 million, up 1,122.4%.」
The resin business posted a substantial increase in revenue and operating profit of ¥874 million. Efficient production and logistics, among other measures, drove a return to profitability and improved earnings toward a stable earnings structure. - FY2018-Q3AdvancedAnnual report
「Although higher prices for key raw materials put pressure on earnings, earnings were substantially higher than in the previous year as sales continued to grow and various cost-reduction measures, including production-efficiency improvements to prepare for surging raw-material prices, as well as supply-chain reforms, proved effective. Accordingly, segment revenue was ¥11,134 million, up 24.9% year on year, and operating profit was ¥781 million, compared with an operating loss of ¥17 million in the same period of the previous year.」
Revenue in the resin business increased 24.9%, and earnings improved from an operating loss of ¥17 million in the same period of the previous year to operating profit of ¥781 million. Production-efficiency improvements, cost reductions, and supply-chain reforms represented progress toward a stable earnings structure. - FY2018-Q2AdvancedAnnual report
「Earnings were substantially higher than in the previous year, as sales continued to grow and various cost-reduction measures, including production-efficiency improvements to prepare for surging raw-material prices, as well as supply-chain reforms, proved effective. Accordingly, segment revenue was ¥7,216 million, up 25.0% year on year, and operating profit was ¥536 million, compared with an operating loss of ¥25 million in the same period of the previous year.」
Revenue in the resin business increased 25.0%, and the business swung from an operating loss to operating profit of ¥536 million. Production-efficiency improvements, cost reductions, and supply-chain reforms contributed to the improvement in earnings. - FY2018-Q1AdvancedAnnual report
「Earnings were substantially higher than in the previous year, as overall revenue increased significantly and various cost-reduction measures, including production-efficiency improvements to prepare for surging raw-material prices, contributed to the result. Accordingly, segment revenue was ¥3,599 million, up 25.5% year on year, and operating profit was ¥270 million, compared with an operating loss of ¥69 million in the same period of the previous year.」
Revenue in the resin business increased 25.5%, and the business swung from an operating loss to operating profit of ¥270 million. The business made concrete progress toward a stable earnings structure by turning profitable. - FY2017-Q3AdvancedAnnual report
「Although earnings were affected by sluggish sales overall, cost reductions achieved through more efficient personnel allocation and production rationalization resulted in a substantial improvement from the previous year, although the operating loss was not eliminated. As a result, segment revenue was ¥8,918 million, down 7.3% year on year, and the operating loss was ¥17 million, compared with an operating loss of ¥381 million in the same period of the previous year.」
Through cost reductions from more efficient personnel allocation and production rationalization, the operating loss narrowed from ¥381 million to ¥17 million. Although the operating loss was not eliminated, progress was made toward a stable earnings structure. - FY2017-Q2AdvancedAnnual report
「Although earnings were affected by sluggish sales overall, cost reductions achieved through more efficient personnel allocation and production rationalization resulted in a substantial improvement from the previous year, although the operating loss was not eliminated. As a result, segment revenue was ¥5,773 million, down 12.0% year on year, and the operating loss was ¥25 million, compared with an operating loss of ¥278 million in the same period of the previous year.」
The resin business continued to report lower revenue, but the operating loss narrowed from ¥278 million to ¥25 million through cost reductions from more efficient personnel allocation and production rationalization. Although progress was made toward a stable earnings structure, the business has not yet turned profitable. - FY2016First statedAnnual report
「For the resin business, covering molded products, high-performance materials, and foam materials, we will provide customers with solutions to manufacturing challenges, a distinctive product lineup, and consultative expertise as customer value. To establish a global brand, we will concentrate resources on competitive businesses, reduce costs and improve quality through production technology innovation, and combine our capabilities to strengthen customization and achieve a stable earnings structure.」
For molded products, high-performance materials, and foam materials, the company emphasizes solutions to customer challenges, a distinctive product portfolio, consultative expertise, customization capabilities, and stable earnings.