Komori
Chukyo Iyakuhin (4558) · TargetAdvancedLatest Results (2026-11-05): "Worsened"

Developing the Water Sales Business into the Second Earnings Pillar

First written in FY2016. 25 of 41 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-05.

41entries
11years
4from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2018WorsenedFY2019-Q1 – FY2020AdvancedFY2023-Q1 – FY2026-H12016: 320162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 52026
Same theme, other companies
Higher Revenue and Profit in the Environmental Equipment-Related BusinessA theme 12 companies write about · 1 as a headwind · 17 as a tailwind

The whole theme swung hardest in 2019: 3 of 9 companies on the "Worse" side.

0 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「At the Handa Water Plant, the Company installed state-of-the-art equipment to further improve quality and production efficiency. Manufacturing at the new plant began in March 2026, and operations are progressing smoothly.」

    The Handa Water Plant installed state-of-the-art equipment and began manufacturing at the new plant in March 2026.
  2. FY2026-H1AdvancedAnnual report

    「The Company aims to establish a firm position as one of its core businesses. As a result, revenue was ¥406 million, up 7.1% year on year, and segment profit was ¥59 million, up 0.8%.」

    The Company continued to aim to establish the Water Sales Business as a core business, and both revenue and segment profit exceeded the same period of the previous year.
  3. FY2025AdvancedAnnual report

    「As a result, revenue was ¥721 million, up 1.9% year on year, and segment profit was ¥82 million, up 17.7%.」

    The Water Sales Business achieved higher revenue and profit, with segment profit up 17.7% year on year. The disclosure indicates progress in the operating performance of the business targeted as the second earnings pillar.
  4. FY2025-H1AdvancedAnnual report

    「The Company also introduced water purification-type servers, whose market is expanding, and began pursuing a new market. As a result, revenue was ¥379 million, up 1.3% year on year, and segment profit was ¥59 million, up 6.6%.」

    The Water Sales Business achieved higher revenue and profit by introducing water purification-type servers and expanding side-menu products.
  5. FY2024AdvancedAnnual report

    「In the Water Sales Business, the Company revised selling prices to address higher logistics and material costs and worked to improve margins. Sales of water, including 12-liter bottles, remained firm, supported in part by increasingly hot summers in recent years. It also expanded side-menu products and introduced them on its website and app to increase customer usage. In addition, it introduced water purification-type servers, whose market is expanding, and began pursuing a new market. As a result, revenue was ¥708 million, down 1.6% year on year, and segment profit was ¥69 million, up 166.0%.」

    The Company revised selling prices, expanded related products, and introduced water purification-type servers, resulting in segment profit up 166.0% year on year.
  6. FY2024-Q3AdvancedAnnual report

    「The Company conducted activities including stronger sales efforts to promote growth in new customers, particularly in the Higashi-Mikawa area. As a result, revenue was ¥547 million, up 0.3% year on year, and segment profit was ¥71 million, up 256.1%.」

    The Water Sales Business increased revenue through stronger sales efforts in the Higashi-Mikawa area, while segment profit also rose 256.1% year on year.
  7. FY2024-Q2AdvancedAnnual report

    「The Company conducted activities including stronger sales efforts to promote growth in new customers, particularly in the Higashi-Mikawa area. In the Manufacturing division, production of other companies' private-label products under OEM contracts also remained firm. As a result, revenue was ¥374 million, up 2.5% year on year, and segment profit was ¥55 million, up 469.5%.」

    The Water Sales Business increased revenue and segment profit rose 469.5% year on year as a result of stronger sales efforts in the Higashi-Mikawa area and continued OEM manufacturing.
  8. FY2024-Q1AdvancedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend, the growth potential of the expanding home-delivery mineral water market, and the need to stock water for disaster preparedness and prevent heatstroke, the Company aimed to establish the business as one of its core businesses at an early stage. It therefore conducted activities including stronger sales efforts to promote growth in new customers, particularly in the Higashi-Mikawa area. As a result, revenue was ¥173 million, up 6.6% year on year, and segment profit was ¥18 million, compared with a segment loss of ¥8 million in the same period of the previous year.」

    The Water Sales Business increased revenue through stronger sales efforts, particularly in the Higashi-Mikawa area, and moved from a loss in the same period of the previous year to segment profit of ¥18 million.
  9. FY2023AdvancedAnnual report

    「The Company focused on sales activities and events, particularly to promote growth in new customers in the Higashi-Mikawa area. It continued to sell disinfection alcohol formulations and novel coronavirus test kits, which are hygiene-related products. In the Manufacturing division, production of other companies' private-label products under OEM contracts also remained firm. As a result, revenue was ¥719 million, up 1.2% year on year, and segment profit was ¥26 million, up 920.3%.」

    The Water Sales Business strengthened sales activities, held events, continued selling new products, and advanced OEM manufacturing, resulting in segment profit of ¥26 million, up 920.3% year on year.
  10. FY2023-Q3AdvancedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend, the growth potential of the expanding home-delivery mineral water market, and the need to stock water for disaster preparedness and prevent heatstroke, the Company aimed to establish the business as one of its core businesses. From the second half, it reviewed selling prices in response to higher manufacturing and other costs and enhanced safety through antibacterial cartridges and server maintenance. It also continued to focus on manufacturing and selling alcohol products for disinfection and other products. As a result, revenue was ¥546 million, up 0.1% year on year, and segment profit was ¥20 million, up 73.7%.」

    The Company continued to aim to establish the Water Sales Business as one of its core businesses. As a result of reviewing selling prices and strengthening safety measures in the second half, as well as expanding sales of related products, segment profit rose 73.7% year on year.
  11. FY2023-Q2AdvancedAnnual report

    「As a result, revenue was ¥365 million, down 0.4% year on year, and segment profit was ¥9 million, up 170.4%.」

    Despite a slight decline in revenue, segment profit in the Water Sales Business rose 170.4% year on year. The disclosure indicates an improvement in the profitability of the business targeted as the second earnings pillar.
  12. FY2023-Q1AdvancedAnnual report

    「As a result, revenue was ¥158 million, up 1.3% year on year, and the segment loss was ¥8 million, compared with a segment loss of ¥13 million in the same period of the previous year.」

    The Water Sales Business increased revenue by 1.3% year on year, while the segment loss narrowed from ¥13 million to ¥8 million. The disclosure indicates an improvement in the performance of the business targeted for establishment as a core business.
  13. FY2022WorsenedAnnual report

    「As a result, revenue was ¥667 million, down 7.5% year on year, and segment profit was ¥2 million, down 94.9%.」

    While aiming to establish the Water Sales Business as one of its core businesses, revenue and segment profit declined as expenses at the Toyokawa Water Shop were incurred ahead of revenue.
  14. FY2022-Q3WorsenedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend, the growth potential of the expanding home-delivery mineral water market, and the need to stock water for disaster preparedness and prevent heatstroke, the Company aimed to establish the business as one of its core businesses at an early stage. It began selling novel coronavirus antigen and neutralizing antibody test kits, and demand has been increasing for these products together with alcohol products for disinfection as vaccination has become more widespread. Although sales of alcohol products for disinfection continued from the previous fiscal year, the shortage seen in the previous fiscal year was resolved and sales volume declined. As a result, revenue was ¥498 million, down 9.3% year on year, and segment profit was ¥11 million, down 80.1%.」

    Although the Water Sales Business began selling new products and benefited from rising demand, revenue was ¥498 million and segment profit was ¥11 million due to lower sales volume, with profit down 80.1% year on year. Profitability deteriorated in the business targeted for establishment as a core business.
  15. FY2022-Q2WorsenedAnnual report

    「Although the Company continued to sell alcohol products for disinfection from the previous fiscal year, sales volume declined after the shortage seen in the previous fiscal year was resolved. As a result, revenue was ¥335 million, down 12.2% year on year, and segment profit was ¥3 million, down 93.4%.」

    Both revenue and segment profit in the Water Sales Business fell below the same period of the previous year, indicating deteriorating profitability in the business targeted as the second earnings pillar.
  16. FY2022-Q1WorsenedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend, the growth potential of the expanding home-delivery mineral water market, and the need to stock water for disaster preparedness and prevent heatstroke, the Company aimed to establish the business as one of its core businesses at an early stage. As part of its efforts to strengthen the business foundation, it enhanced safety through antibacterial cartridges and server maintenance. Although sales of alcohol products for disinfection continued from the previous fiscal year, the shortage seen in the previous fiscal year was resolved and sales volume declined. As a result, revenue was ¥155 million, down 19.8% year on year, and the segment posted a loss of ¥13 million, compared with segment profit of ¥29 million in the same period of the previous year.」

    The Water Sales Business recorded lower revenue and moved from segment profit in the same period of the previous year to a loss of ¥13 million. Profitability deteriorated in the business targeted for establishment as a core business.
  17. FY2021AdvancedAnnual report

    「As a result, revenue was ¥720 million, up 20.1% year on year, and segment profit was ¥50 million, up 867.6%.」

    The Water Sales Business generated revenue of ¥720 million and segment profit of ¥50 million, achieving substantial increases in both revenue and profit from the previous fiscal year. The business is targeted as the second earnings pillar, and the disclosure indicates concrete progress in its operating performance.
  18. FY2021-Q3AdvancedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend, the growth potential of the expanding home-delivery mineral water market, and the need to stock water for disaster preparedness and prevent heatstroke, the Company aimed to establish the business as one of its core businesses at an early stage. As part of its efforts to strengthen the business foundation, it enhanced safety through antibacterial cartridges and server maintenance. During the current fiscal year, it also began manufacturing alcohol products for disinfection. Sales remained firm as awareness of infectious disease prevention rose amid the spread of the novel coronavirus. As a result, revenue was ¥549 million, up 21.2% year on year, and segment profit was ¥57 million, up 534.3%.」

    The Water Sales Business achieved higher revenue and profit through strengthened safety measures and the start of manufacturing alcohol products for disinfection, with segment profit up 534.3% year on year.
  19. FY2021-Q2AdvancedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend, the growth potential of the expanding home-delivery mineral water market, and the need to stock water for disaster preparedness and prevent heatstroke, the Company aimed to establish the business as one of its core businesses at an early stage. As part of its efforts to strengthen the business foundation, it enhanced safety through antibacterial cartridges and server maintenance. During the current fiscal year, it also began manufacturing alcohol products for disinfection. Sales remained firm as awareness of infectious disease prevention rose amid the spread of the novel coronavirus. As a result, revenue was ¥381 million, up 25.3% year on year, and segment profit was ¥54 million, up 235.0%.」

    The Water Sales Business achieved higher revenue and profit through strengthened safety measures and the start of manufacturing alcohol products for disinfection, with segment profit up 235.0% year on year.
  20. FY2021-Q1AdvancedAnnual report

    「During the current fiscal year, the Company also began manufacturing and selling alcohol products for disinfection. Sales remained firm as awareness of infectious disease prevention rose amid the spread of the novel coronavirus. As a result, revenue was ¥194 million, up 38.4% year on year, and segment profit was ¥29 million, compared with a segment loss of ¥7 million in the same period of the previous year.」

    The Water Sales Business began manufacturing and selling new alcohol products, resulting in higher revenue and a return to profitability from the loss recorded in the same period of the previous year.
  21. FY2020WorsenedAnnual report

    「In the Water Sales Business, amid growing consumer interest in drinking water driven by the recent health-conscious trend and the expanding home-delivery mineral water market, the Company aimed to establish the business as one of its core businesses at an early stage. As part of its efforts to strengthen the business foundation, it enhanced safety through antibacterial cartridges and server maintenance. As a result, revenue was ¥600 million, down 3.8% year on year, and segment profit was ¥5 million, down 85.0%.」

    While aiming to establish the Water Sales Business as a core business, revenue fell 3.8% and segment profit fell 85.0% to ¥5 million, indicating a significant deterioration in profitability.
  22. FY2020-Q3WorsenedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend and the expanding home-delivery mineral water market, the Company aimed to establish the business as one of its core businesses at an early stage. During the second half, revenue declined because the number of antibacterial cartridge replacements fell below the planned level. As a result, revenue was ¥453 million, down 6.1% year on year, and segment profit was ¥9 million, down 71.0%.」

    While aiming to establish the Water Sales Business as a core business, revenue declined because the number of antibacterial cartridge replacements fell below plan, and segment profit fell 71.0% year on year.
  23. FY2020-Q2WorsenedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend and the expanding home-delivery mineral water market, the Company aimed to establish the business as one of its core businesses at an early stage. During the first half, the quality specifications of the antibacterial cartridges were changed so that they remained effective for one year instead of six months, reducing replacement frequency and resulting in lower revenue. As a result, revenue was ¥304 million, down 8.5% year on year, and segment profit was ¥16 million, down 7.0%.」

    While continuing to aim to establish the business as a core business, revenue and segment profit fell below the same period of the previous year due to lower replacement frequency following the change in the effective period of antibacterial cartridges.
  24. FY2020-Q1WorsenedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend and the expanding home-delivery mineral water market, the Company aimed to establish the business as one of its core businesses at an early stage. Revenue declined following the change in antibacterial cartridge products from a six-month product to a one-year product. As a result, revenue was ¥140 million, down 8.9% year on year, and the segment posted a loss of ¥7 million, compared with segment profit of ¥2 million in the same period of the previous year.」

    While aiming to establish the Water Sales Business as a core business, revenue declined following the change in the product period for antibacterial cartridges, and the segment moved from profit in the same period of the previous year to a loss.
  25. FY2019WorsenedAnnual report

    「As a result, revenue was ¥624 million, up 0.5% from the previous fiscal year, and segment profit was ¥35 million, down 44.2%.」

    Although the Water Sales Business achieved a slight increase in revenue, segment profit fell 44.2% from the previous fiscal year, indicating lower profitability in the business targeted as the second earnings pillar.
  26. FY2019-Q3WorsenedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend and the expanding home-delivery mineral water market, the Company aimed to establish the business as one of its core businesses at an early stage. The One-Way model expanded the sales territory, and the Company actively pursued increased sales to customers. As a result, revenue was ¥483 million, up 0.2% year on year, and segment profit was ¥31 million, down 48.0%.」

    Although revenue rose 0.2% year on year, segment profit fell 48.0% year on year to ¥31 million, indicating deteriorating profitability in the Water Sales Business, which the Company aims to make a core business.
  27. FY2019-Q2WorsenedAnnual report

    「The Company also actively pursued sales of water-related products, including Ryukyu Moromisu beverages, handled by the Retail and Wholesale divisions, but profit declined due to higher delivery costs associated with One-Way sales, among other factors. As a result, revenue was ¥332 million, down 0.4% year on year, and segment profit was ¥17 million, down 68.5%.」

    Although the Company pursued sales of water-related products, segment profit fell 68.5% year on year due to higher delivery costs associated with the One-Way model.
  28. FY2019-Q1WorsenedAnnual report

    「The Company also actively pursued sales of water-related products, including Ryukyu Moromisu beverages, handled by the Retail and Wholesale divisions, but profit declined due to higher delivery costs associated with One-Way sales, among other factors. As a result, revenue was ¥154 million, down 0.5% year on year, and segment profit was ¥2 million, down 74.1%.」

    While aiming to establish the Water Sales Business as one of its core businesses, revenue and segment profit declined due to higher delivery costs associated with the One-Way model.
  29. FY2018AdvancedAnnual report

    「Amid growing consumer interest in drinking water driven by the recent health-conscious trend and the expanding home-delivery mineral water market, the Company aimed to establish the business as one of its core businesses at an early stage. It also actively pursued sales of water-related products, including Ryukyu Moromisu beverages. As a result, revenue was ¥621 million, down 0.0% from the previous fiscal year, and segment profit was ¥63 million, up 58.6%.」

    The Water Sales Business maintained revenue at approximately the previous fiscal year's level, while segment profit rose 58.6% from the previous fiscal year to ¥63 million.
  30. FY2018-Q3AdvancedAnnual report

    「We aim to capitalize on the growing consumer preference for drinking water driven by the recent health-conscious trend and the growth of the expanding home-delivery mineral water market, and establish this as one of our core businesses at an early stage. The One-Way system expanded the sales area, and we also actively pursued sales expansion to customers. As a result, revenue was ¥482 million, down 0.7% from the same period of the previous year, and segment profit was ¥60 million, up 61.9% year on year.」

    The Water Sales Business expanded its sales territory and increased sales through the One-Way model, generating segment profit of ¥60 million, up 61.9% year on year.
  31. FY2018-Q2AdvancedAnnual report

    「We aim to capitalize on the growing consumer preference for drinking water driven by the recent health-conscious trend and the growth of the expanding home-delivery mineral water market, and establish this as one of our core businesses at an early stage. The One-Way system expanded the sales area, and we also actively pursued sales expansion to customers. As a result, revenue was ¥334 million, up 0.3% from the same period of the previous year, and segment profit was ¥56 million, up 151.1% year on year.」

    The Water Sales Business generated revenue of ¥334 million and segment profit of ¥56 million, with segment profit up 151.1% year on year. The company also describes expansion of the sales area and sales through the One-Way system.
  32. FY2018-Q1AdvancedAnnual report

    「We aim to capitalize on the growing consumer preference for drinking water driven by the recent health-conscious trend and the growth of the expanding home-delivery mineral water market, and establish this as one of our core businesses at an early stage. The One-Way system expanded the sales area, and we also actively pursued sales expansion to customers. As a result, revenue was ¥155 million, down 0.4% from the same period of the previous year, and segment profit was ¥11 million, up 41.2% year on year.」

    In the Water Sales Business, the company expanded its sales area and sales through the One-Way system, with segment profit rising 41.2% year on year to ¥11 million.
  33. FY2017AdvancedAnnual report

    「We aim to capitalize on the growing consumer preference for drinking water driven by the recent health-conscious trend and the growth of the expanding home-delivery mineral water market, and establish this as one of our core businesses at an early stage. The One-Way system expanded the sales area, and we also actively pursued sales expansion to customers. As a result, revenue was ¥621 million, up 3.2% from the previous fiscal year, and segment profit was ¥39 million, compared with a segment loss of ¥1 million in the previous fiscal year.」

    The Water Sales Business expanded its sales area and sales, generating revenue of ¥621 million, up 3.2% year on year, and profit of ¥39 million, compared with a segment loss in the previous fiscal year.
  34. FY2017-Q3AdvancedAnnual report

    「We aim to capitalize on the growing consumer preference for drinking water driven by the recent health-conscious trend and the growth of the expanding home-delivery mineral water market, and establish this as one of our core businesses at an early stage. The One-Way system expanded the sales area, and we also actively pursued sales expansion to customers. As a result, revenue was ¥485 million, up 4.4% from the same period of the previous year, and segment profit was ¥37 million, compared with segment profit of ¥0 million in the same period of the previous year.」

    The Water Sales Business expanded its sales area and sales through the One-Way system, generating revenue of ¥485 million, up 4.4% year on year, and segment profit of ¥37 million.
  35. FY2017-Q2AdvancedAnnual report

    「We aim to capitalize on the growing consumer preference for drinking water driven by the recent health-conscious trend and the growth of the expanding home-delivery mineral water market, and establish this as one of our core businesses at an early stage. The One-Way system expanded the sales area, and we also actively pursued sales expansion to customers. As a result, revenue was ¥333 million, up 3.4% from the same period of the previous year, and segment profit was ¥22 million, compared with a segment loss of ¥2 million in the same period of the previous year.」

    The company describes the expansion of the sales area through the One-Way system, increased revenue and the swing from a loss in the previous year to segment profitability.
  36. FY2017-Q1AdvancedAnnual report

    「We aim to capitalize on the growing consumer preference for drinking water driven by the recent health-conscious trend and the growth of the expanding home-delivery mineral water market, and establish this as one of our core businesses at an early stage.」

    The company maintained its goal of developing the Water Sales Business into a core business at an early stage. In the current quarter, revenue was ¥155 million and segment profit was ¥7 million, compared with a segment loss of ¥12 million in the same quarter of the previous year.
  37. FY2016First statedAnnual report

    「We will promote the One-Way business model, establish an efficient production and logistics system capable of stable supply, and pursue business alliances with other companies and the mutual use of management resources, with the aim of developing this into our second earnings pillar.」

    The company has presented a plan to develop the Water Sales Business as one of its core businesses and its second earnings pillar.
Moved together

"Return to profitability in operating and ordinary income" moved the same way as this thread, in the same document, in 26 of its 41 moves.

262421191815★123456
  1. ★This thread
  2. 1Return to profitability in operating and ordinary income26×
  3. 2Sustainable growth and improved profitability24×
  4. 3Improving management metrics, including revenue, profit margins and ROE21×
  5. 4Retail segment loss19×
  6. 5Establishing the Wholesale Division as a New Core Business18×
  7. 6Decline in wholesale revenue and segment profit15×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Chukyo Iyakuhin's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Results of 2026-11-05: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.