Cultural and Education Business: Lower Revenue and Profit
First written in FY2017-Q1. 2 of 5 entries say "Restated". Latest entry: FY2018-Q1.
No other company in this theme has enough history to compare yet.
- FY2018-Q1DroppedAnnual report
「During the first quarter of the current fiscal year, the Group transferred all shares in its consolidated subsidiary Hakubi Co., Ltd., which operated the Cultural and Educational Business, and consequently discontinued the business. Accordingly, the Cultural and Educational Business segment is not presented.」
The transfer of the shares in Hakubi led to the discontinuation of the Cultural and Educational Business, and segment disclosures showing the business's declining revenue and profit have also ended. - FY2017RestatedAnnual report
「As a result, revenue in the Cultural and Educational Business was ¥2,065 million, down 1.0% year on year, and segment profit was ¥91 million, down 11.0% year on year.」
The Cultural and Educational Business reported declines in both revenue and profit for the full fiscal year, although the rate of profit decline had narrowed from the third-quarter level. - FY2017-Q3WorsenedAnnual report
「As a result, revenue in the Cultural and Educational Business was ¥1,532 million, down 0.5% year on year, and segment profit was ¥61 million, down 15.7% year on year.」
The Cultural and Educational Business continued to report declines in both revenue and profit, with segment profit down 15.7% year on year. - FY2017-Q2RestatedAnnual report
「As a result, revenue in the Cultural and Educational Business was ¥1,058 million, down 0.4% year on year, and segment profit was ¥43 million, down 6.2% year on year.」
The Cultural and Educational Business continued to report year-on-year declines in both revenue and profit, reaffirming the downward trend in its performance. - FY2017-Q1First statedAnnual report
「As a result, revenue in the Cultural and Educational Business was ¥543 million, down 2.4% year on year, and segment profit was ¥23 million, down 13.2% year on year.」
Revenue and segment profit in the Cultural and Educational Business both declined year on year.