Profit Pressure from Delayed Sales of a New Pyrotechnic Product and Increased Development Spending
First written in FY2018-Q1. 14 of 23 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2017: 2 of 20 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Research and development expenditure for the interim accounting period was ¥9.250 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2025-H1RestatedAnnual report
「Research and development expenditure for the interim accounting period was ¥5.354 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2024-Q3RestatedAnnual report
「Research and development expenditure for the nine-month period ended this quarter was ¥5.950 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2024-Q2RestatedAnnual report
「Research and development expenditure for the six-month period ended this quarter was ¥5.057 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2023-Q3RestatedAnnual report
「Research and development expenditure for the nine-month period ended this quarter was ¥6.747 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2023-Q2RestatedAnnual report
「Research and development expenditure for the six-month period ended this quarter was ¥3.575 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2022RestatedAnnual report
「Total research and development expenses for the fiscal year were 7 million yen.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2022-Q3RestatedAnnual report
「Research and development expenditure for the nine-month period ended this quarter was ¥4.507 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2022-Q2RestatedAnnual report
「Research and development expenditure for the six-month period ended this quarter was ¥3.005 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2022-Q1RestatedAnnual report
「Research and development expenditure for the three-month period ended this quarter was ¥1.504 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2021RestatedAnnual report
「Total research and development expenses for the fiscal year were ¥9 million.」
Research and development activities are continuing, but no new pressure on profit from delayed sales of new pyrotechnic products or development costs has been reported. - FY2021-Q3RestatedAnnual report
「Research and development expenditure for the nine-month period ended this quarter was ¥6.485 million.」
No delay in sales of new pyrotechnic products or pressure on profit from development costs was reported, while the continuation of research and development activities was indicated. - FY2021-Q2RestatedAnnual report
「Research and development expenditure for the six-month period ended this quarter was ¥4.485 million.」
No delay in sales of new pyrotechnic products or pressure on profit from development costs was reported, while the continuation of research and development activities was indicated. - FY2020-Q3RestatedAnnual report
「Research and development expenditure for the nine-month period ended this quarter was ¥6 million. There have been no material changes in the status of the company's research and development during this period.」
Research and development activities were reported at ¥6 million, but no delay in sales of new pyrotechnic products or pressure on profit from development costs was reported. - FY2020-Q2MitigatedAnnual report
「Research and development expenditure for the six-month period ended this quarter was ¥4 million.」
Research and development expenses related to new pyrotechnic product development increased from ¥3.839 million in the second quarter of the previous fiscal year to ¥4 million in the current period, with no increase in the burden compared with the previous fiscal year. - FY2020-Q1MitigatedAnnual report
「Research and development expenses for the cumulative first quarter were ¥2.239 million.」
Research and development expenses decreased from ¥8.775 million in the first quarter of the previous fiscal year to ¥2.239 million, easing the pressure on profit from expenses related to the development of new pyrotechnic products that emerged in the previous fiscal year. - FY2019MitigatedAnnual report
「Total research and development expenses for the fiscal year were ¥9 million.」
Research and development expenses decreased from ¥14.336 million in the previous fiscal year to ¥9.297 million in the current fiscal year, easing the pressure on profit from development costs. Net sales and operating profit also increased. - FY2019-Q2MitigatedAnnual report
「Research and development expenses for the cumulative second quarter were ¥3.839 million, down 63.0% year on year.」
Research and development expenses related to new pyrotechnic product development, which squeezed profit in the previous fiscal year, fell 63.0% year on year, and the Company secured operating profit of ¥98 million in the quarter. - FY2019-Q1MitigatedAnnual report
「Research and development expenses for the cumulative first quarter were ¥2.076 million, down 76.3% year on year. As a result, for the cumulative first quarter, net sales were ¥287 million, up 23.1% year on year; operating profit was ¥43 million, compared with an operating loss of ¥27 million in the same period of the previous year; ordinary profit was ¥46 million, compared with an ordinary loss of ¥26 million; and net income for the quarter was ¥39 million, compared with a net loss of ¥17 million. Both revenue and profit increased from the same period of the previous year.」
Research and development expenses related to new product development, which had emerged as a factor squeezing profit in the previous fiscal year, fell 76.3% year on year in the quarter, and the Company returned to profitability at the operating level and below. - FY2018WorsenedAnnual report
「On the cost front, the Company improved efficiency in its production processes and implemented cost-reduction measures, which helped improve the profitability of some pyrotechnic products. However, the recording of development costs for new pyrotechnic products in the fiscal year also resulted in lower profit at the operating level and below.」
Development costs for new pyrotechnic products squeezed profit, with operating profit down 13.9% year on year and segment profit in the pyrotechnic products business down 36.4%. - FY2018-Q3MaterialisedAnnual report
「Under these circumstances, net sales during the cumulative third quarter were higher than in the same period of the previous year, but profit excluding ordinary profit was slightly lower year on year because of higher development costs for new pyrotechnic products for the private sector.」
Higher development costs for new pyrotechnic products for the private sector also reduced profit in the cumulative third quarter. Operating profit was ¥53 million, down 1.5% year on year, and net income for the quarter was ¥37 million, down 2.5%. - FY2018-Q2MaterialisedAnnual report
「Profit margins were low relative to the volume of orders, and the increased burden of development costs and other expenses for new pyrotechnic products resulted in profit at the operating level and below falling short of the same period of the previous year.」
The increased burden of development costs and other expenses for new pyrotechnic products also reduced profit in the second quarter. Research and development expenses were ¥10.368 million, up 87.1% year on year. - FY2018-Q1MaterialisedAnnual report
「Sales of new pyrotechnic products were pushed back to the second half of the fiscal year or later, while spending on newly developed products also increased. As a result, the Company did not reach the point of generating a profit and recorded losses at the operating profit level and below in the first quarter. Accordingly, for the cumulative first quarter, net sales were ¥233 million, up 22.0% year on year; operating loss was ¥27 million, compared with operating profit of ¥2 million in the same period of the previous year; ordinary loss was ¥26 million, compared with ordinary profit of ¥2 million; and net loss for the quarter was ¥17 million, compared with net income of ¥1 million.」
The delay in the sales timing of new pyrotechnic products and the increase in spending on newly developed products actually occurred, resulting in an operating loss, ordinary loss and net loss for the quarter despite higher sales. Research and development expenses were ¥8.775 million, up 127.4% year on year.