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Otsuka Holdings (4578) · InitiativeAdvanced

Improving the Earnings Structure of the Consumer-Related Business

First written in FY2016-Q2. 20 of 37 entries say "Advanced", first in FY2016-Q3. Latest entry: FY2026-H1.

37entries
11years
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How it moved
ProgressHeldSoftenedWorseOtherFY2018-Q3 – FY2019-Q3AdvancedFY2022-Q3 – FY2024-Q12016: 220162017: 420172018: 420182019: 420192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 32026
Same theme, other companies
Improving earnings power and profitability through operational and management efficiencyA theme 126 companies write about · 0 as a headwind · 128 as a tailwind

The whole theme swung hardest in 2025: 18 of 108 companies on the "Worse" side.

53 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 126 companies compared. The sentences above are computed from all 126.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1AdvancedAnnual report

    「Revenue for the six-month consolidated accounting period was ¥17,452 million, up 10.1% year on year, while business profit was ¥13,656 million, up 7.9%. Crystal Geyser sales volume grew as the company continued to provide information on product safety and quality and maintained solid sales centred on e-commerce. Match sales volume also grew, supported by expanding sales of Match Vitamin Mikan, stronger initiatives for Match Jelly, and successful measures to raise awareness and encourage consumption, particularly among high school students.」

    The Consumer Products Business recorded increases in both revenue and business profit, with specific mention of growth in Crystal Geyser e-commerce sales volume and Match sales volume driven by new products and awareness-building initiatives.
  2. 2026-04-28AdvancedEarnings

    「For Crystal Geyser, sales volumes increased as the company continued to provide information on product safety and quality, while sales, particularly through e-commerce, remained firm. For the vitamin carbonated beverage MATCH, sales volumes increased as the year-round rollout of MATCH Vitamin Mikan expanded sales, while initiatives to raise awareness and encourage trial consumption, particularly among high school students, proved effective.」

    The company specifically described the factors behind the growth in sales volumes for Crystal Geyser and MATCH.
  3. FY2025AdvancedAnnual report

    「Revenue for the fiscal year was ¥34,634 million, up 2.6% year on year, while business profit was ¥25,171 million, up 6.4%.」

    The Consumer Products Business recorded increases in both revenue and business profit, with growth in sales volume driven by e-commerce sales of Crystal Geyser and marketing activities for Match.
  4. FY2025-H1AdvancedAnnual report

    「Revenue for the six-month consolidated accounting period was ¥15,845 million, up 1.1% year on year, while business profit was ¥12,654 million, up 5.1%, due in part to an increase in income from investments accounted for under the equity method.」

    The Consumer Products Business recorded increases in both revenue and business profit, with growth in sales volume of Crystal Geyser and Match also reported.
  5. FY2024Full-year revenue decline due to a review of the US water businessAnnual report

    「Revenue for the fiscal year was ¥33,760 million, down 9.0% year on year, while business profit was ¥23,662 million, up 30.7%, due in part to the contribution from income from investments accounted for under the equity method. The main reason for the revenue decline was a review of the sparkling water business in the United States.」

    The review of the US sparkling water business resulted in lower full-year revenue, while business profit increased due in part to income from investments accounted for under the equity method.
  6. FY2024-H1Revenue decline due to a review of the US water businessAnnual report

    「Revenue for the six-month consolidated accounting period was ¥15,670 million, down 10.1% year on year, while business profit was ¥12,036 million, up 47.4%, due in part to an increase in income from investments accounted for under the equity method. The main reason for the revenue decline was a review of the sparkling mineral water business in the United States.」

    In the Consumer Products Business, revenue declined due to a review of the US sparkling mineral water business, while business profit increased due in part to higher income from investments accounted for under the equity method.
  7. FY2024-Q1AdvancedAnnual report

    「Sales volume of vitamin carbonated beverage Match grew as the number of purchasers in their 30s and 40s increased, in addition to its core target of teenagers, particularly high school students. Sales were also driven by the strong performance of Match Pine Soda and Match Jelly, launched in March 2024.」

    Sales volume of Match grew due to new product launches and an expansion of its purchaser base. Although the Consumer Products Business recorded lower revenue, business profit was ¥4,305 million, up 87.0% year on year.
  8. FY2023AdvancedAnnual report

    「Revenue for the fiscal year was ¥37,081 million, up 3.3% year on year, while business profit was ¥17,823 million, up 149.8% year on year, due in part to an increase in income from investments accounted for under the equity method.」

    The Consumer Products Business recorded higher revenue, while business profit increased 149.8% year on year. The company also describes the launch of new Match products and growth in sales volume.
  9. FY2023-Q3AdvancedAnnual report

    「Revenue for the nine months ended Q3 was ¥28,453 million, up 5.4% year on year, while business profit was ¥14,148 million, up 142.2% year on year, due in part to an increase in income from investments accounted for under the equity method.」

    The Consumer Products Business recorded higher revenue, while business profit increased 142.2% year on year due in part to an increase in income from investments accounted for under the equity method.
  10. FY2023-Q2AdvancedAnnual report

    「Revenue for the six months ended Q2 was ¥17,425 million, up 4.5% year on year, while business profit was ¥8,097 million, up 361.5% year on year, due in part to an increase in income from investments accounted for under the equity method.」

    The Consumer Products Business recorded higher revenue, while business profit increased 361.5% year on year due in part to an increase in income from investments accounted for under the equity method. The company also describes initiatives including marketing using social networking services.
  11. FY2023-Q1AdvancedAnnual report

    「Amid a contraction in the carbonated beverage market as a whole, sales volume across the Match brand grew in response to rising health consciousness and active marketing initiatives, including the launch of new products Match Salt Lemon Soda and Match Jelly Muscat.」

    While advancing new product launches and marketing activities, the Consumer Products Business recorded revenue of ¥8,233 million and business profit of ¥2,242 million, turning from a business loss in the same quarter of the previous year to a profit.
  12. FY2022AdvancedAnnual report

    「Revenue for the fiscal year was ¥35,880 million, up 12.4% year on year, while business profit was ¥7,135 million, up 34.0%, due in part to an increase in income from investments accounted for under the equity method.」

    The Consumer Products Business recorded increases in both revenue and business profit, and sales volume across the Match brand also grew following the launch of new products, among other factors.
  13. FY2022-Q3AdvancedAnnual report

    「Revenue for the nine months ended Q3 was ¥27,006 million, up 12.0% year on year. Business profit was ¥5,842 million, up 1.3%, despite higher transportation costs and foreign exchange effects, among other factors. As health consciousness increased, sales volume across the Match brand grew through the launch of new products, including Match Muscat and Match Jelly Pine Mix, in addition to existing products.」

    The Consumer Products Business recorded increases in both revenue and business profit, while sales volume of Match also grew following the launch of new products.
  14. FY2022-Q2Continued decline in business profitAnnual report

    「Revenue for the six months ended Q2 was ¥16,669 million, up 9.6% year on year, while business profit was ¥1,754 million, down 47.0%, due to higher transportation costs, foreign exchange effects and a decline in income from investments accounted for under the equity method, among other factors.」

    Revenue in the Consumer Products Business increased, while business profit declined 47.0% year on year due to higher transportation costs, foreign exchange effects and a decline in income from investments accounted for under the equity method, among other factors.
  15. FY2022-Q1Business profit turned negativeAnnual report

    「Revenue for the three months ended Q1 was ¥7,673 million, up 12.3% year on year, while business profit declined from ¥2,143 million in the same quarter of the previous year to negative ¥234 million due in part to a decline in income from investments accounted for under the equity method.」

    Revenue in the Consumer Products Business increased, while business profit declined from ¥2,143 million in the same quarter of the previous year to negative ¥234 million due in part to a decline in income from investments accounted for under the equity method, resulting in a loss.
  16. FY2021Business profit halvedAnnual report

    「Revenue for the fiscal year was ¥31,918 million, up 1.8% year on year, while business profit was ¥5,324 million, down 50.0%, due in part to a decline in income from investments accounted for under the equity method.」

    Revenue in the Consumer Products Business increased, while business profit declined 50.0% year on year due in part to a decline in income from investments accounted for under the equity method.
  17. FY2021-Q3Continued decline in business profitAnnual report

    「As a result, revenue for the nine months ended Q3 was ¥24,115 million, essentially unchanged year on year, while business profit was ¥5,767 million, down 37.7%, due in part to a decline in income from investments accounted for under the equity method.」

    Revenue in the Consumer Products Business was essentially unchanged year on year, while business profit declined 37.7% due in part to a decline in income from investments accounted for under the equity method.
  18. FY2021-Q2Revenue increased, while business profit declinedAnnual report

    「As a result, revenue for the six months ended Q2 was ¥15,211 million, up 1.1% year on year, while business profit was ¥3,307 million, down 32.6%, due in part to a decline in income from investments accounted for under the equity method.」

    Revenue in the Consumer Products Business increased 1.1% year on year, while business profit declined 32.6% due in part to a decline in income from investments accounted for under the equity method.
  19. FY2020AdvancedAnnual report

    「As a result, revenue for the fiscal year was ¥31,356 million, down 6.5% year on year. Business profit was ¥10,641 million, up 12.4%, due to an increase in income from investments accounted for under the equity method and expense efficiencies implemented in response to the new normal, among other factors.」

    In the Consumer Products Business, revenue declined, while business profit increased due to higher income from investments accounted for under the equity method and expense efficiencies implemented in response to the new normal, among other factors.
  20. FY2020-Q3Continued increase in business profit despite declining revenueAnnual report

    「As a result, revenue for the nine months ended Q3 was ¥24,105 million, down 6.4% year on year. Business profit was ¥9,252 million, up 15.3%, due to an increase in income from investments accounted for under the equity method and expense efficiencies implemented in response to the new normal, among other factors.」

    In the Consumer Products Business, revenue declined, while business profit increased due to higher income from investments accounted for under the equity method and expense efficiencies implemented in response to the new normal, among other factors.
  21. FY2020-Q2Business profit increased despite declining revenueAnnual report

    「As a result, revenue for the six months ended Q2 was ¥15,042 million, down 7.1% year on year. Business profit was ¥4,904 million, up 13.6%, due in part to an increase in income from investments accounted for under the equity method.」

    In the Consumer Products Business, revenue declined due to restrictions on going out and school closures, while business profit increased due in part to higher income from investments accounted for under the equity method.
  22. FY2020-Q1AdvancedAnnual report

    「Although sales volume of vitamin carbonated beverage Match grew in January and February due to marketing initiatives, including campaigns targeting distributors, it declined year on year after demand fell from March onward. As a result, revenue for the three months ended Q1 was ¥7,505 million, up 6.5% year on year. Business profit was ¥2,315 million, up 41.2%, due in part to an increase in income from investments accounted for under the equity method.」

    While implementing marketing initiatives, the Consumer Products Business as a whole recorded a 6.5% increase in revenue and a 41.2% increase in business profit.
  23. FY2019AdvancedAnnual report

    「As a result, revenue for the fiscal year was ¥33,553 million, down 0.8% year on year, while business profit was ¥9,470 million, up 5.6%, due to expense efficiencies and other factors.」

    In the Consumer Products Business, revenue declined slightly, while business profit increased 5.6% year on year due to expense efficiencies.
  24. FY2019-Q3Continued deterioration in overall business performanceAnnual report

    「As a result, revenue for the nine months ended Q3 was ¥25,763 million, down 1.7% year on year. Business profit was ¥8,026 million, down 7.3%, due in part to a decline in income from investments accounted for under the equity method.」

    Although the company advanced initiatives for Crystal Geyser and Match Jelly, revenue and business profit in the Consumer Products Business as a whole declined year on year.
  25. FY2019-Q2Continued decline in business profitAnnual report

    「Sales volume of Match declined slightly due to the reaction to initial shipments of Berry Match, which was relaunched the previous year, among other factors. However, the company launched the jelly-type Match Jelly in April 2019 as a new product in the lineup, and its market introduction is progressing smoothly. As a result, revenue for the six months ended Q2 was ¥16,189 million, down 0.3% year on year. Business profit was ¥4,318 million, down 21.8%, due in part to a decline in income from investments accounted for under the equity method.」

    Although the product lineup was expanded with the launch of Match Jelly, revenue in the Consumer Products Business as a whole declined 0.3% and business profit declined 21.8%.
  26. FY2019-Q1Deterioration in overall business performanceAnnual report

    「Meanwhile, sales volume of the vitamin carbonated beverage Match declined due to the reaction to initial shipments of Berry Match, which was relaunched the previous year, among other factors. A decline in income from investments accounted for under the equity method also affected results. Revenue for the three months ended Q1 was ¥7,048 million, down 3.5% year on year, while business profit was ¥1,639 million, down 40.1%.」

    In the Consumer Products Business, sales volume of Crystal Geyser grew, while revenue and business profit declined year on year due to the reaction to initial shipments of Match, among other factors.
  27. FY2018Deterioration in overall business performanceAnnual report

    「Revenue in the Consumer Products Business for the fiscal year was ¥33,807 million, down 5.0% year on year, while operating profit was ¥8,668 million, down 22.0%.」

    Although sales volume for Match grew as a result of aggressive marketing and product renewal, revenue and operating profit in the Consumer Products Business as a whole declined year on year.
  28. FY2018-Q3RestatedAnnual report

    「Vitamin carbonated beverage Match benefited from year-on-year growth in in-store sales volume driven by an aggressive marketing strategy, as well as increased sales following the renewal of the mixed-berry flavour Berry Match, resulting in year-on-year growth in sales volume.」

    Although the company continued its marketing strategy and product renewal initiatives, revenue in the Consumer Products Business as a whole declined 5.0% year on year and operating profit declined 10.6%.
  29. FY2018-Q2AdvancedAnnual report

    「Vitamin carbonated beverage Match benefited from an aggressive marketing strategy and increased sales following the renewal of the mixed-berry flavour Berry Match, resulting in year-on-year growth in sales volume.」

    While advancing its marketing strategy and product renewal, operating profit in the Consumer Products Business was ¥5,536 million, up 5.2% year on year.
  30. FY2018-Q1AdvancedAnnual report

    「Vitamin carbonated beverage Match benefited from efforts to revitalise the brand through an aggressive marketing strategy and sales activities. New customer accounts increased, and sales volume grew year on year. As a result, revenue in the Consumer Products Business for the three months ended Q1 was ¥7,305 million, down 0.9% year on year, while operating profit was ¥2,734 million, up 24.0%.」

    While continuing to revitalise the brand through marketing strategy and sales activities, operating profit in the Consumer Products Business increased 24.0% year on year.
  31. FY2017AdvancedAnnual report

    「As a result, revenue in the Consumer Products Business for the fiscal year was ¥35,595 million, up 0.4% year on year, while operating profit was ¥11,115 million, up 103.9%. The application of International Financial Reporting Standards (IFRS) resulted in the recognition of income from overseas businesses accounted for under the equity method, lifting the operating margin to 31.2%. The company nevertheless continues to improve efficiency and reform its organisation in its existing businesses.」

    While continuing efficiency improvements and organisational reforms, operating profit in the Consumer Products Business was ¥11,115 million, up 103.9% year on year.
  32. FY2017-Q3AdvancedAnnual report

    「As a result, revenue in the Consumer Products Business for the nine months ended Q3 was ¥27,569 million, up 0.7% year on year, while operating profit was ¥9,704 million, up 17.8%. The business continues to pursue reforms to improve expense efficiency, including reviewing its marketing strategy and sales promotion activities to improve its earnings structure.」

    The company states that, while continuing measures to improve its earnings structure, revenue in the Consumer Products Business increased 0.7% year on year and operating profit increased 17.8%.
  33. FY2017-Q2AdvancedAnnual report

    「As a result, revenue in the Consumer Products Business for the six months ended Q2 was ¥16,924 million, down 1.8% year on year, while operating profit was ¥5,262 million, up 12.6%. The business continues to pursue reforms to improve expense efficiency, including reviewing its marketing strategy and sales promotion activities to improve its earnings structure.」

    The company states that, while continuing measures to improve its earnings structure, operating profit in the Consumer Products Business increased 12.6% year on year.
  34. FY2017-Q1RestatedAnnual report

    「In this business, the company continues to review its marketing strategy, sales-promotion activities and other initiatives to improve its earnings structure and increase expense efficiency.」

    While revenue and operating profit in the Consumer Products Business declined year on year, the company continues to review its marketing, sales promotion and expense efficiency.
  35. FY2016RestatedAnnual report

    「In this business, the company continues to review its marketing strategy, sales-promotion activities and other initiatives to improve its earnings structure and increase expense efficiency.」

    Operating profit in the consumer-related business was ¥5.451 billion. Although it declined year on year, measures to improve the earnings structure remain ongoing.
  36. FY2016-Q3AdvancedAnnual report

    「As a result, revenue in the consumer-related business for the nine months ended in the third quarter of the current consolidated fiscal year was ¥30.827 billion, down 7.8% year on year, and the operating loss was ¥486 million, compared with an operating loss of ¥2.619 billion in the same period of the previous year. The business continues to review its marketing strategy, sales-promotion activities and other initiatives to improve its earnings structure and increase expense efficiency.」

    The company continues measures to improve its earnings structure, reducing the operating loss from ¥2.619 billion in the same quarter of the previous year to ¥486 million.
  37. FY2016-Q2First statedAnnual report

    「In this business, the company continues to review its marketing strategy, sales-promotion activities and other initiatives to improve its earnings structure and increase expense efficiency.」

    The company identifies reviews of marketing, sales promotion and expense efficiency as measures to improve profitability.
Moved together

"Pipeline Progress in Clinical Development, Regulatory Approval and Commercialization" moved the same way as this thread, in the same document, in 20 of its 37 moves.

201917151111★123456
  1. ★This thread
  2. 1Pipeline Progress in Clinical Development, Regulatory Approval and Commercialization20×
  3. 2Expansion of Overseas Sales of Pharmaceutical and Health-Related Products19×
  4. 3Investment Plan for Research and Production Facilities17×
  5. 4Research and development of functional foods and beverages leveraging know-how from healthcare-related businesses15×
  6. 5Sustainable growth driven by 3 global products and 3 next-generation products11×
  7. 6Continued investment in research and development11×

★ 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.

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Otsuka Holdings's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-04-28: "Advanced".
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Improving the Earnings Structure of the Consumer-Related Business | Otsuka Holdings Co.,Ltd. (4578) | Komori