Lower Revenue and Profit for the First Six Months, Mainly Due to Yen Appreciation and Other Factors
First written in FY2017-Q2. . Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Seventh consecutive record-high revenue but a sharp decline in profitAnnual report
「In response to strong demand for each product, net sales reached a record high for the seventh consecutive period, increasing 2.1% year on year to ¥15,448 million. Operating profit decreased 68.4% to ¥383 million, ordinary profit decreased 73.4% to ¥303 million, and net income decreased 65.1% to ¥313 million. Profitability deteriorated sharply in the fourth quarter because 2025 was the first year of depreciation expenses for amino acid-related facilities completed in June, while market prices and market share for some chemical products for electronic materials declined rapidly.」
Net sales reached a record high for the seventh consecutive period, while operating profit, ordinary profit and net income all decreased substantially due to depreciation expenses for the amino acid facilities and deteriorating profitability of products for electronic materials. - FY2026-H1Interim results: higher sales but lower profits due to increased depreciation expenses for amino acid facilitiesAnnual report
「For the interim accounting period, net sales increased 8.7% year on year to ¥7,821 million, reflecting strong sales of pharmaceutical-related products for overseas markets and polymer materials. Operating profit decreased 45.8% to ¥262 million, ordinary profit decreased 48.1% to ¥227 million, and interim net income decreased 55.0% to ¥165 million, mainly due to higher depreciation expenses for the amino acid production facility completed in June of this year.」
Sales increased due to strong sales of pharmaceutical-related products for overseas markets and polymer materials, while operating profit, ordinary profit and interim net income all decreased because of higher depreciation expenses for the amino acid production facility completed in June of this year, among other factors. - FY2025-H1Interim results: higher sales and profits driven by semiconductor-related and polymer materialsAnnual report
「For the interim accounting period, semiconductor-related materials, benefiting from a gradual recovery in semiconductor market conditions, and polymer materials, which remained strong from the previous period, drove net sales up 24.1% year on year to ¥7,197 million. Along with the increase in net sales, operating profit increased 102.7% to ¥484 million, ordinary profit increased 75.1% to ¥437 million, and interim net income increased 114.7% to ¥366 million.」
Interim net sales were ¥7,197 million, operating profit was ¥484 million, ordinary profit was ¥437 million, and interim net income was ¥366 million, representing higher sales and profits year on year. A gradual recovery in semiconductor market conditions and strong sales of polymer materials were cited as the drivers. - FY2024Full-year net sales reached a record high for the fifth consecutive period, with profits increasing substantiallyAnnual report
「For the fiscal year, sales of some products for semiconductors declined, but expanded sales of new products for electronic materials and active pharmaceutical ingredients, mainly overseas, drove net sales to a record high for the fifth consecutive period, up 0.7% year on year to ¥12,932 million. In addition to higher profits from the products whose sales expanded, the weaker yen and expense reductions contributed to substantial increases in operating profit, up 25.4% to ¥1,125 million, ordinary profit, up 71.2% to ¥1,130 million, and net income, up 39.5% to ¥776 million.」
Full-year net sales reached a record high for the fifth consecutive period. Operating profit was ¥1,125 million, ordinary profit was ¥1,130 million, and net income was ¥776 million, with each profit figure increasing from the previous period. - FY2024-Q3Nine-month cumulative results: lower sales and operating profit, but higher ordinary profit and net incomeAnnual report
「For the nine months ended, net sales decreased 1.0% year on year to ¥8,925 million, as sales of semiconductor-related materials declined despite strong sales of chemical products. Operating profit decreased 10.9% to ¥487 million, partly because equipment operating losses were recorded following the impact of Typhoon No. 13, which struck the Company's Joban Plant in Iwaki, Fukushima Prefecture, on 8 September of the previous year. However, ordinary profit increased 38.6% to ¥485 million and net income for the quarter increased 28.1% to ¥356 million, as US anti-dumping tariff expenses recorded in the previous fiscal year were no longer incurred.」
Nine-month cumulative net sales and operating profit decreased due to sluggish semiconductor market conditions and operating losses caused by Typhoon No. 13. Meanwhile, ordinary profit and net income for the quarter increased because the US anti-dumping tariff expenses recorded in the previous year were no longer incurred. - FY2024-Q2Six-month cumulative results: lower sales and profits due to weaker semiconductor demand and typhoon damageAnnual report
「For the six months ended, net sales decreased 8.0% year on year to ¥5,799 million, mainly because sales declined due to weaker demand for semiconductor-related materials amid sluggish semiconductor market conditions. Operating profit decreased 54.2% to ¥238 million, ordinary profit decreased 50.9% to ¥249 million, and net income for the quarter decreased 56.1% to ¥170 million, due to the decline in net sales and the recognition of equipment operating losses resulting from Typhoon No. 13, which struck the Company's Joban Plant in Iwaki, Fukushima Prefecture, on 8 September of this year, among other factors.」
Six-month cumulative net sales, operating profit, ordinary profit and net income for the quarter all fell below the same period of the previous year due to weaker demand amid sluggish semiconductor market conditions and equipment operating losses caused by Typhoon No. 13, among other factors. - FY2024-Q1Revenue and profit declined in the first quarterAnnual report
「For the three months ended, net sales decreased 7.3% year on year to ¥2,941 million. Along with the decline in net sales and the increase in the cost-of-sales ratio, operating profit decreased 24.3% to ¥308 million, ordinary profit decreased 15.1% to ¥333 million, and net income for the quarter decreased 26.1% to ¥232 million.」
Six-month cumulative net sales, operating profit, ordinary profit and net income for the quarter all fell below the same period of the previous year. The decline in net sales and the increase in the cost-of-sales ratio were cited as factors behind the decrease in operating profit. - FY2023-Q3Nine-month cumulative results: higher sales and operating profit, but lower ordinary profitAnnual report
「For the nine months ended, net sales increased 7.7% year on year to ¥9,013 million. However, operating profit was limited to ¥546 million, up 44.5%, as the company continued to be significantly affected by soaring raw material and energy costs in the third quarter as well as from the second quarter onward. In addition, the company was forced to record additional tariff expenses for its products subject to US anti-dumping tariffs, resulting in ordinary profit of ¥350 million, down 1.8%. Final net income for the quarter increased 28.8% to ¥278 million, partly because tax expenses were lower.」
Nine-month cumulative net sales were ¥9,013 million, operating profit was ¥546 million, and net income for the quarter was ¥278 million, representing higher sales, operating profit and net income year on year. Ordinary profit decreased 1.8% year on year to ¥350 million due to the additional recognition of tariff expenses. - FY2023-Q2Six-month cumulative results: substantial increases in sales and profitsAnnual report
「Net sales increased 21.0% year on year to ¥6,302 million, with sales growing steadily across all 3 product categories. However, the company was significantly affected by rising raw material and energy costs from the second quarter onward. Operating profit increased 193.8% to ¥521 million, ordinary profit increased 178.9% to ¥509 million, and net income for the quarter increased 351.2% to ¥388 million.」
Six-month cumulative net sales were ¥6,302 million, operating profit was ¥521 million, ordinary profit was ¥509 million, and net income for the quarter was ¥388 million, representing increases in sales and profits year on year. The company said it was affected by soaring raw material and energy costs. - FY2023-Q1First-quarter results: substantial increases in sales and profitsAnnual report
「For the three months ended, net sales increased 23.5% year on year to ¥3,173 million. Profit at each stage also increased from the same period of the previous year, mainly due to higher gross profit attributable to the product sales mix and other factors. Operating profit increased 544.1% to ¥407 million, ordinary profit increased 437.8% to ¥392 million, and net income for the quarter increased 734.9% to ¥314 million.」
First-quarter net sales, operating profit, ordinary profit and net income for the quarter all exceeded the same period of the previous year. Net sales increased 23.5% to ¥3,173 million, operating profit was ¥407 million, ordinary profit was ¥392 million, and net income for the quarter was ¥314 million. The company attributed the results mainly to higher gross profit resulting from the product sales mix and other factors. - FY2022Full-year net sales reached a record high for the third consecutive period, with operating profit also increasingAnnual report
「Net sales reached a record high for the third consecutive period, increasing 11.4% year on year to ¥12,361 million. The increase in sales and reductions in cost of sales, including through expense reductions, absorbed the increase in transportation costs. Operating profit increased 89.0% to ¥413 million and ordinary profit increased 125.2% to ¥397 million, both substantially higher than in the previous period.」
Full-year net sales reached a record high for the third consecutive period, while operating profit and ordinary profit also increased substantially. Net income decreased 14.0% year on year to ¥248 million, due to differences from insurance proceeds and other items recorded in the previous period. - FY2022-Q3Nine-month cumulative results: higher sales and profits, with a return to profitabilityAnnual report
「For the nine months ended, net sales increased 12.9% year on year to ¥8,367 million. Along with the increase in net sales, operating profit rose to ¥378 million, ordinary profit to ¥357 million, and net income for the quarter to ¥216 million, all increasing from the same period of the previous year.」
Nine-month cumulative net sales were ¥8,367 million, operating profit was ¥378 million, ordinary profit was ¥357 million, and net income for the quarter was ¥216 million. The company returned to profitability from operating and ordinary losses in the same period of the previous year, with higher sales and profits. - FY2022-Q2Lower revenue but higher operating and ordinary profit and lower net profit for the six months ended 30 SeptemberAnnual report
「For the six months ended 30 September, revenue was ¥5,207 million, down 4.2% year on year. However, mainly due to higher gross profit resulting from the product sales mix, operating profit was ¥177 million and ordinary profit was ¥182 million, both higher than in the year-earlier period. As the Company recognized insurance proceeds and other amounts related to flood damage that occurred in October 2019 as extraordinary income in the year-earlier quarter, net profit for the quarter decreased to ¥86 million.」
For the six months ended, net sales decreased 4.2% year on year to ¥5,207 million, while operating profit and ordinary profit increased to ¥177 million and ¥182 million, respectively, mainly due to higher gross profit from the product sales mix. Net income for the quarter decreased to ¥86 million because the prior-year period included extraordinary income related to flood damage. - FY2022-Q1Slightly lower revenue but a return to profitability in the first quarterAnnual report
「For the three months ended 30 June, revenue was ¥2,569 million, down 0.8% year on year and essentially flat. However, all profit measures increased from the year-earlier period, mainly due to higher gross profit resulting from the product sales mix. Operating profit was ¥63 million, ordinary profit was ¥72 million and net profit for the quarter was ¥37 million.」
Revenue was ¥2,569 million, down 0.8% year on year and essentially flat. However, due mainly to higher gross profit resulting from the product sales mix, the Company recorded operating profit of ¥63 million, ordinary profit of ¥72 million and net profit for the quarter of ¥37 million, returning to profitability from losses in the year-earlier period. - FY2021Record-high annual revenue and higher operating profit, with increased net profitAnnual report
「For the year, revenue reached a record high of ¥11,091 million, up 3.5% from the previous fiscal year. However, operating profit of ¥218 million and ordinary profit of ¥176 million declined from the previous fiscal year due to higher raw material costs and sluggish sales of chemical products. Net profit for the year increased to ¥288 million, partly because insurance proceeds related to flood damage that occurred in October 2019 were recognized as extraordinary income.」
Annual revenue reached a record high, while operating and ordinary profit declined from the previous fiscal year. Due to the recognition of insurance proceeds related to flood damage, net profit for the year increased from a loss of ¥42 million in the previous fiscal year to ¥288 million. - FY2021-Q3Lower revenue and operating and ordinary losses for the nine months ended 31 December, but a net profit due to insurance proceeds and other incomeAnnual report
「For the nine months ended 31 December, revenue was ¥7,411 million, down 7.5% year on year, due to lower sales of chemical products and the Company's plan to concentrate pharmaceutical product sales in the fourth quarter. Along with the decline in revenue, the Company recorded an operating loss of ¥62 million and an ordinary loss of ¥82 million, both down year on year. Net profit for the quarter was ¥72 million due to the recognition of insurance proceeds and other amounts related to flood damage that occurred in October of the previous year as extraordinary income.」
For the nine months ended 31 December, revenue was ¥7,411 million, down 7.5% year on year, and the Company recorded an operating loss of ¥62 million and an ordinary loss of ¥82 million. However, net profit for the quarter was ¥72 million due to ¥205 million in extraordinary income from insurance proceeds and other amounts related to flood damage. - FY2021-Q2Higher revenue, lower operating profit, lower ordinary profit and higher net profit for the six months ended 30 SeptemberAnnual report
「For the six months ended 30 September, revenue was ¥5,434 million, up 2.1% year on year. However, operating profit was ¥60 million and ordinary profit was ¥51 million, both down year on year due to higher cost of sales. Net profit for the quarter was ¥187 million, due to the recognition of insurance proceeds and other amounts related to flood damage that occurred in October of the previous year as extraordinary income.」
For the six months ended 30 September, revenue increased, while operating profit and ordinary profit declined to ¥60 million and ¥51 million, respectively, due to higher cost of sales. Net profit for the quarter was ¥187 million due to ¥205 million in extraordinary income from insurance proceeds and other amounts related to flood damage. - FY2021-Q1Slightly higher revenue in the first quarter, but operating, ordinary and net losses recordedAnnual report
「For the three months ended 30 June, revenue was ¥2,591 million, an increase of ¥5 million, or 0.2%, from the year-earlier period. Mainly due to a decrease in gross profit resulting from the product sales mix, operating profit decreased by ¥45 million to an operating loss of ¥20 million. Ordinary profit decreased by ¥63 million to an ordinary loss of ¥14 million, while net profit for the quarter decreased by ¥46 million to a net loss of ¥20 million.」
In the first quarter, revenue increased 0.2% year on year to ¥2,591 million. However, due mainly to a decrease in gross profit resulting from the product sales mix, the Company recorded an operating loss of ¥20 million, an ordinary loss of ¥14 million and a net loss for the quarter of ¥20 million. - FY2020Record-high annual revenue and higher operating profit, but a net loss due to flood damageAnnual report
「For the year, revenue reached a record high of ¥10,717 million, up 4.3% from the previous fiscal year. Operating profit of ¥312 million and ordinary profit of ¥401 million increased significantly due to higher revenue and growth in sales of high-margin products. However, the Company recorded a net loss for the year of ¥42 million because it recognized repair costs and losses from idle facilities related to flood damage that occurred in October of the previous year as extraordinary losses.」
Annual revenue reached a record high, and operating and ordinary profit also recovered from the previous fiscal year. However, the Company recorded a net loss for the year due to extraordinary losses related to flood damage. - FY2020-Q3Higher revenue, continued profitability and significant profit growth for the nine months ended 31 DecemberAnnual report
「For the nine months ended 31 December, revenue was ¥8,011 million, an increase of ¥852 million, or 11.9%, from the year-earlier period. Along with the increase in revenue, operating profit was ¥130 million, an increase of ¥168 million; ordinary profit was ¥183 million, an increase of ¥232 million; and net profit for the quarter was ¥86 million, an increase of ¥37 million, or 75.3%.」
For the nine months ended 31 December, revenue was ¥8,011 million, operating profit was ¥130 million, ordinary profit was ¥183 million and net profit for the quarter was ¥86 million. The Company returned to profitability from operating and ordinary losses in the year-earlier period, with revenue and profit both increasing. - FY2020-Q2Higher revenue and continued profitability for the six months ended 30 SeptemberAnnual report
「For the six months ended 30 September, revenue was ¥5,320 million, up 13.1% year on year. Along with the increase in revenue, operating profit was ¥124 million, ordinary profit was ¥128 million and net profit for the quarter was ¥59 million.」
For the six months ended 30 September, revenue increased 13.1% year on year, and the Company recorded operating profit of ¥124 million, ordinary profit of ¥128 million and net profit for the quarter of ¥59 million. Each profit measure turned from a loss in the year-earlier period to a profit. - FY2020-Q1Higher revenue and a return to profitability in the first quarterAnnual report
「For the three months ended 30 June, revenue was ¥2,585 million, an increase of ¥348 million, or 15.6%, from the year-earlier period. Along with the increase in revenue and the higher gross margin resulting from the product sales mix, the Company recorded operating profit of ¥24 million, compared with an operating loss in the year-earlier quarter, ordinary profit of ¥49 million, compared with an ordinary loss, and net profit for the quarter of ¥25 million, compared with a net loss. Operating profit, ordinary profit and net profit increased by ¥145 million, ¥144 million and ¥105 million, respectively.」
In the first quarter, revenue increased 15.6% year on year to ¥2,585 million. The Company returned to profitability, from an operating loss of ¥120 million, an ordinary loss of ¥95 million and a net loss of ¥79 million in the year-earlier period to operating profit of ¥24 million, ordinary profit of ¥49 million and net profit of ¥25 million. - FY2019Higher revenue for the full year, but significant declines in operating and ordinary profitAnnual report
「For the year, revenue was ¥10,272 million, an increase of ¥198 million, or 2.0%, from the previous fiscal year. Due mainly to higher manufacturing costs resulting from soaring raw material and fuel procurement prices, operating profit was ¥49 million, a decrease of ¥156 million, or 76.0%; ordinary profit was ¥23 million, a decrease of ¥202 million, or 89.6%; and net profit for the year was ¥104 million, a decrease of ¥21 million, or 16.8%.」
Annual revenue increased, but operating profit, ordinary profit and net profit for the year all declined, mainly due to higher manufacturing costs resulting from soaring raw material and fuel prices. - FY2019-Q3Lower revenue and operating and ordinary losses for the nine months ended 31 DecemberAnnual report
「For the nine months ended 31 December, revenue was ¥7,158 million, down 3.6% year on year. Along with the decline in revenue and an increase in the cost-of-sales ratio, the Company recorded an operating loss of ¥37 million and an ordinary loss of ¥49 million. However, it recorded a net profit for the quarter of ¥49 million due to a gain on the sale of investment securities.」
For the nine months ended 31 December, revenue decreased 3.6% year on year, and the Company recorded an operating loss of ¥37 million and an ordinary loss of ¥49 million. However, a gain of ¥168 million on the sale of investment securities resulted in net profit for the quarter of ¥49 million. - FY2019-Q2Lower revenue and a return to a loss for the six months ended 30 SeptemberAnnual report
「For the six months ended 30 September, revenue was ¥4,705 million, down 7.3% year on year. Along with the decline in revenue and an increase in the cost-of-sales ratio, the Company recorded an operating loss of ¥23 million, an ordinary loss of ¥23 million and a net loss for the quarter of ¥37 million.」
For the six months ended 30 September, revenue decreased 7.3% year on year, and operating profit, ordinary profit and net profit for the quarter all turned into losses. The Company cited the decline in revenue and increase in the cost-of-sales ratio as factors. - FY2019-Q1Lower revenue and a return to a loss in the first quarterAnnual report
「For the first quarter, revenue was ¥2,237 million, a decrease of ¥266 million, or 10.7%, from the year-earlier period. Operating loss was ¥120 million, compared with operating profit of ¥44 million in the year-earlier quarter, while ordinary loss was ¥95 million, compared with ordinary profit of ¥72 million, and net loss for the quarter was ¥79 million, compared with net profit of ¥27 million.」
In the first quarter, revenue decreased 10.7% year on year, and operating profit, ordinary profit and net profit for the quarter all turned into losses. The Company cited the increase in the cost-of-sales ratio as a factor behind the operating loss. - FY2018Lower revenue and a significant decline in profit for the full yearAnnual report
「Revenue was ¥10,073 million, down 3.1% year on year. Along with the decline in revenue and an increase in the cost-of-sales ratio, operating profit was ¥205 million, down 54.8%; ordinary profit was ¥226 million, down 45.1%; and net profit for the year was ¥125 million, down 64.7%.」
For the full year, revenue declined, and operating profit, ordinary profit and net profit for the year all decreased significantly. The Company cited the increase in the cost-of-sales ratio as a factor behind the decline in operating profit. - FY2018-Q3Slightly lower revenue and a significant decline in profit for the nine months ended 31 DecemberAnnual report
「For the nine months ended 31 December, revenue was ¥7,423 million, down 0.7% year on year. Due mainly to higher cost of sales resulting from increased personnel expenses associated with additional hiring for the operation of new facilities, operating profit was ¥112 million, down 63.0%; ordinary profit was ¥139 million, down 51.4%; and net profit for the quarter was ¥59 million, down 72.9%.」
For the nine months ended 31 December, revenue decreased 0.7% year on year, while operating profit, ordinary profit and net profit for the quarter all declined significantly. The Company cited higher cost of sales, mainly due to increased personnel expenses from additional hiring associated with the operation of new facilities, as a factor behind the decline in operating profit. - FY2018-Q2For the six months ended 30 September, higher revenue, lower operating profit, higher ordinary profit and lower net profitAnnual report
「For the six months ended 30 September, revenue was ¥5,073 million, up 4.3% year on year. However, operating profit was ¥138 million, down 4.8%, due to the increase in cost of sales. Ordinary profit was ¥158 million, up 19.2%, due to an increase in dividend income, while net profit for the quarter was ¥83 million, down 28.2%, due to a decrease in extraordinary income.」
For the six months ended 30 September, revenue increased, while operating profit declined due to higher cost of sales. Ordinary profit increased due to higher dividend income, while net profit declined due to lower extraordinary income. - FY2018-Q1Higher revenue and a return to profitability in the first quarterAnnual report
「Revenue was ¥2,504 million, up 5.3% year on year. Along with the increase in revenue and a decrease in selling and administrative expenses, operating profit was ¥44 million, ordinary profit was ¥72 million and net profit for the quarter was ¥27 million.」
In the first quarter, revenue increased year on year, and the Company returned to profitability, from an operating loss and ordinary loss in the year-earlier period to operating profit of ¥44 million and ordinary profit of ¥72 million. Net profit for the quarter also increased from ¥1 million to ¥27 million. - FY2017For the full year, lower revenue, lower operating and ordinary profit, but higher net profitAnnual report
「Revenue was ¥10,396 million, down 1.7% year on year. Along with the decline in revenue, operating profit was ¥454 million, down 0.8%; ordinary profit was ¥411 million, down 11.5%; and net profit for the year was ¥355 million, up 1.3%.」
For the full year, revenue, operating profit and ordinary profit were below the previous fiscal year's levels, while net profit for the year increased. - FY2017-Q3The decline in revenue and profit continued through the nine months ended 31 December, although the rate of decline narrowed.Annual report
「For the nine months ended 31 December, revenue was ¥7,474 million, down 5.7% year on year, due to the impact of foreign exchange and other factors. Due to the decline in revenue and an increase in selling, general and administrative expenses, operating profit was ¥303 million, down 12.6% year on year; ordinary profit was ¥286 million, down 21.2%; and net profit for the quarter was ¥218 million, down 10.0%.」
For the nine months ended 31 December, revenue, operating profit, ordinary profit and net profit for the quarter were all below the year-earlier levels. However, compared with the six-month period, the declines in each profit measure narrowed. - FY2017-Q2First statedAnnual report
「For the six months ended 30 September, revenue was ¥4,866 million, down 10.0% year on year. Due to the decline in revenue and an increase in selling, general and administrative expenses, operating profit was ¥146 million, down 45.2% year on year; ordinary profit was ¥132 million, down 51.8%; and net profit for the quarter was ¥116 million, down 29.0%.」
For the six months ended 30 September, revenue, operating profit, ordinary profit and net profit for the quarter were all below the year-earlier levels. The Company cited the decline in revenue and increase in selling, general and administrative expenses as factors behind the decline in operating profit.