Increase in ordinary profit and profit attributable to owners of the parent despite declining sales
First written in FY2017-Q3. 9 of 33 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Higher operating income, lower ordinary income, and a wider net loss attributable to owners of the parentAnnual report
「Revenue was ¥21,481 million, up 3.5% from the previous consolidated fiscal year. In terms of earnings, operating income was ¥255 million, up 10.8%, due to progress in reducing fixed costs, while ordinary income was ¥393 million, down 16.5%. The net loss attributable to owners of the parent was ¥593 million, compared with a net loss attributable to owners of the parent of ¥59 million in the previous consolidated fiscal year.」
Revenue and operating income increased, while ordinary income declined due to financing-related expenses and other factors. The net loss attributable to owners of the parent widened due to a ¥552 million impairment loss on employee welfare facilities. - FY2026-H1Higher operating and ordinary income, lower net income attributable to owners of the parentAnnual report
「As a result, revenue was ¥10,669 million, up 5.3% from the previous interim consolidated accounting period. In terms of earnings, although upward cost pressure continued due to persistently high raw-material prices and other factors, operating income was ¥122 million, up 61.1%, ordinary income was ¥242 million, up 6.4%, and interim net income attributable to owners of the parent was ¥50 million, down 69.7%, as fixed costs were reduced.」
Revenue, operating income and ordinary income exceeded the previous interim period, while interim net income attributable to owners of the parent was ¥50 million, down 69.7% from the previous interim period. - FY2025AdvancedAnnual report
「Operating income was ¥230 million, compared with an operating loss of ¥479 million in the previous consolidated fiscal year, and ordinary income was ¥471 million, compared with an ordinary loss of ¥460 million.」
Higher revenue and the contribution from price revisions turned both operating income and ordinary income from losses in the previous fiscal year into profits. However, the net loss attributable to owners of the parent remained due to costs related to the tender offer. - FY2025-H1AdvancedAnnual report
「Revenue was ¥10,136 million, up 6.7% from the previous interim consolidated accounting period. In terms of earnings, although upward cost pressure continued due to persistently high raw-material prices and other factors, the price revisions implemented in the previous consolidated fiscal year contributed. As a result, operating income was ¥76 million, compared with an operating loss of ¥389 million in the previous interim consolidated accounting period, ordinary income was ¥227 million, compared with an ordinary loss of ¥363 million, and interim net income attributable to owners of the parent was ¥165 million, compared with an interim net loss attributable to owners of the parent of ¥460 million.」
The operating loss, ordinary loss and interim net loss attributable to owners of the parent in the previous interim period all turned into profits in the current interim period. Revenue also increased 6.7% from the previous interim period. - FY2024AdvancedAnnual report
「The operating loss improved by ¥724 million from the previous consolidated fiscal year to ¥479 million, the ordinary loss improved by ¥685 million to ¥460 million, and the net loss attributable to owners of the parent improved by ¥1,309 million to ¥497 million.」
Revenue was ¥18,954 million, down 0.4% from the previous consolidated fiscal year, while the operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed from the previous fiscal year. The company had not yet returned to profitability. - FY2024-Q3AdvancedAnnual report
「Revenue was ¥14,863 million, up 1.5% year on year. In terms of earnings, the operating loss was ¥361 million, compared with an operating loss of ¥863 million in the previous corresponding period, the ordinary loss was ¥241 million, compared with an ordinary loss of ¥815 million, and the quarterly net loss attributable to owners of the parent was ¥403 million, compared with a quarterly net loss attributable to owners of the parent of ¥1,290 million.」
Revenue increased 1.5% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the previous corresponding period. However, earnings remained in the red. - FY2024-Q2AdvancedAnnual report
「Revenue was ¥9,496 million, up 0.5% year on year. In terms of earnings, although the price revisions implemented in the previous consolidated fiscal year contributed, upward cost pressure continued due to persistently high raw-material prices and other factors. As a result, the operating loss was ¥389 million, compared with an operating loss of ¥589 million in the previous corresponding period, the ordinary loss was ¥363 million, compared with an ordinary loss of ¥474 million, and the quarterly net loss attributable to owners of the parent was ¥460 million, compared with a quarterly net loss attributable to owners of the parent of ¥860 million.」
Revenue increased 0.5% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the previous corresponding period. However, earnings remained in the red. - FY2024-Q1AdvancedAnnual report
「Revenue was ¥4,641 million, up 1.4% year on year. In terms of earnings, although the revision of selling prices implemented in the previous consolidated fiscal year contributed, cost pressures continued due to persistently high raw material prices and other factors. As a result, the operating loss was ¥199 million, compared with an operating loss of ¥303 million in the same quarter of the previous year; the ordinary loss was ¥112 million, compared with an ordinary loss of ¥233 million; and the quarterly net loss attributable to owners of the parent was ¥158 million, compared with a quarterly net loss attributable to owners of the parent of ¥329 million.」
Revenue increased year on year, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent narrowed. Earnings remained in the red, and upward cost pressure from persistently high raw-material prices remains. - FY2023WorsenedAnnual report
「The operating loss was ¥1,203 million, compared with an operating loss of ¥343 million in the previous consolidated fiscal year, and the ordinary loss was ¥1,146 million, compared with an ordinary loss of ¥243 million. The net loss attributable to owners of the parent was ¥1,806 million, mainly due to the recording of expenses related to improper conduct, compared with a net loss attributable to owners of the parent of ¥1,825 million in the previous consolidated fiscal year.」
The operating loss and ordinary loss widened substantially from the previous fiscal year, and the net loss attributable to owners of the parent was ¥1,806 million. - FY2023-Q3WorsenedAnnual report
「As a result, revenue for the cumulative third quarter of the current fiscal year was ¥14,648 million, down 0.3% year on year. In terms of earnings, the operating loss was ¥863 million, compared with an operating loss of ¥40 million in the previous corresponding period, the ordinary loss was ¥815 million, compared with ordinary income of ¥46 million, and the quarterly net loss attributable to owners of the parent was ¥1,290 million, compared with a quarterly net loss attributable to owners of the parent of ¥134 million.」
Although the decline in revenue was limited, the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the previous corresponding period, indicating deterioration in the earnings structure. - FY2023-Q2WorsenedAnnual report
「Revenue was ¥9,449 million, down 1.3% year on year. In terms of earnings, the operating loss was ¥589 million, compared with an operating loss of ¥20 million in the previous corresponding period, the ordinary loss was ¥474 million, compared with ordinary income of ¥93 million, and the quarterly net loss attributable to owners of the parent was ¥860 million, compared with a quarterly net loss attributable to owners of the parent of ¥41 million.」
Revenue declined, and the operating loss widened from ¥20 million to ¥589 million. Ordinary earnings deteriorated from income of ¥93 million to a loss of ¥474 million, while the loss attributable to owners of the parent widened from ¥41 million to ¥860 million. - FY2023-Q1WorsenedAnnual report
「Revenue was ¥4,575 million, down 3.0% year on year. In terms of earnings, the operating loss was ¥303 million, compared with operating income of ¥42 million in the previous corresponding period, the ordinary loss was ¥233 million, compared with ordinary income of ¥119 million, and the quarterly net loss attributable to owners of the parent was ¥329 million, compared with quarterly net income attributable to owners of the parent of ¥58 million.」
Revenue declined, and operating earnings, ordinary earnings and earnings attributable to owners of the parent all turned from profits in the previous corresponding period into losses. - FY2022WorsenedAnnual report
「The operating loss was ¥343 million, compared with operating income of ¥51 million in the previous consolidated fiscal year, and the ordinary loss was ¥243 million, compared with ordinary income of ¥167 million. The net loss attributable to owners of the parent was ¥1,825 million, due to the recording of expenses related to improper conduct and an impairment loss, as well as the reversal of deferred tax assets, compared with net income attributable to owners of the parent of ¥679 million in the previous consolidated fiscal year.」
Revenue declined to ¥19,136 million, operating earnings and ordinary earnings turned to losses, and net earnings attributable to owners of the parent deteriorated from a profit of ¥679 million to a loss of ¥1,825 million. - FY2022-Q3WorsenedAnnual report
「Revenue was ¥14,696 million, compared with ¥15,294 million in the previous corresponding period. In terms of earnings, the operating loss was ¥40 million, compared with operating income of ¥47 million in the previous corresponding period, ordinary income was ¥46 million, down 60.9% year on year, and the quarterly net loss attributable to owners of the parent was ¥134 million, compared with quarterly net income attributable to owners of the parent of ¥802 million in the previous corresponding period.」
Revenue declined, and operating earnings deteriorated from a profit to a loss of ¥40 million, while earnings attributable to owners of the parent deteriorated from a profit of ¥802 million to a loss of ¥134 million. - FY2022-Q2RestatedAnnual report
「Revenue was ¥9,577 million, compared with ¥9,766 million in the previous corresponding period. In terms of earnings, the operating loss was ¥20 million, compared with an operating loss of ¥38 million in the previous corresponding period, ordinary income was ¥93 million, up 979.2% year on year, and the quarterly net loss attributable to owners of the parent was ¥41 million, compared with a quarterly net loss attributable to owners of the parent of ¥135 million in the previous corresponding period.」
While revenue was below the previous corresponding period, the operating loss narrowed, ordinary income increased to ¥93 million, and the loss attributable to owners of the parent narrowed to ¥41 million. Operating earnings remained in the red. - FY2022-Q1ReframedAnnual report
「Revenue was ¥4,717 million, compared with ¥4,542 million in the previous corresponding period. In terms of earnings, operating income was ¥42 million, compared with an operating loss of ¥7 million in the previous corresponding period, ordinary income was ¥119 million, up 676.1% year on year, and quarterly net income attributable to owners of the parent was ¥58 million, compared with a quarterly net loss attributable to owners of the parent of ¥38 million in the previous corresponding period.」
The earnings pattern changed from the previous corresponding period's lower revenue, operating loss and loss attributable to owners of the parent to one in which revenue increased and operating income, ordinary income and income attributable to owners of the parent were profitable. - FY2021-Q3ReframedAnnual report
「Operating income was ¥47 million, down 90.1% year on year, and ordinary income was ¥118 million, down 81.1%. Quarterly net income attributable to owners of the parent was ¥802 million, up 111.1% year on year, due to a gain of ¥1,042 million on the sale of fixed assets following the sale of the former Tokyo office in connection with the relocation of the Tokyo operations.」
While lower revenue and substantial declines in operating income and ordinary income continued, quarterly net income attributable to owners of the parent increased due to a ¥1,042 million gain on the sale of the former Tokyo office, changing the earnings structure to one that includes a temporary gain on the sale of fixed assets. - FY2021-Q2WorsenedAnnual report
「However, the impact of COVID-19 was significant. As a result, revenue for the cumulative second quarter of the current fiscal year was ¥9,766 million, down 16.1% year on year. In terms of earnings, the operating loss was ¥38 million, compared with operating income of ¥353 million in the previous corresponding period, ordinary income was ¥8 million, down 98.0%, and the quarterly net loss attributable to owners of the parent was ¥135 million, compared with quarterly net income attributable to owners of the parent of ¥262 million in the previous corresponding period, due to an impairment loss of ¥157 million recorded following the decision to sell fixed assets.」
As in the previous quarter, the impact of COVID-19 was reflected in lower revenue, an operating loss, a substantial decline in ordinary income and a quarterly net loss attributable to owners of the parent. An impairment loss of ¥157 million was also recorded following the decision to sell fixed assets. - FY2021-Q1ReframedAnnual report
「However, the impact of COVID-19 was significant. As a result, revenue for the cumulative first quarter of the current fiscal year was ¥4,542 million, down 19.6% year on year. In terms of earnings, the operating loss was ¥7 million, compared with operating income of ¥198 million in the previous corresponding period, ordinary income was ¥15 million, down 93.9%, and the quarterly net loss attributable to owners of the parent was ¥38 million, compared with quarterly net income attributable to owners of the parent of ¥138 million in the previous corresponding period.」
The earnings pattern shifted from the previous year's increases in revenue, operating income, ordinary income and net income attributable to owners of the parent to one in which the impact of COVID-19 caused revenue to decline 19.6% and resulted in an operating loss and a quarterly net loss attributable to owners of the parent. - FY2020RestatedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥22,538 million, up 1.9% year on year, due to strong sales at some group companies. In terms of earnings, operating income was ¥594 million, up 4.1% year on year, with an operating margin of 2.6%. Ordinary income was ¥759 million, up 11.4%, partly due to improved equity in earnings of affiliates, and the ordinary income margin was 3.4%.」
Revenue, operating income and ordinary income increased year on year, and net income attributable to owners of the parent recovered from a loss in the previous fiscal year to profit of ¥528 million in the current fiscal year. - FY2020-Q3RestatedAnnual report
「As a result, revenue for the cumulative third quarter of the current fiscal year was ¥17,387 million, up 2.7% year on year. In terms of earnings, operating income was ¥478 million, down 3.3% year on year, ordinary income was ¥628 million, up 4.9%, and quarterly net income attributable to owners of the parent was ¥379 million, compared with a quarterly net loss attributable to owners of the parent of ¥379 million in the previous corresponding period.」
Revenue and ordinary income increased, and quarterly net income attributable to owners of the parent turned from the previous year's loss into profit of ¥379 million, while operating income declined. - FY2020-Q2RestatedAnnual report
「Revenue was ¥11,638 million, up 5.0% year on year. In terms of earnings, operating income was ¥353 million, up 12.5% year on year, ordinary income was ¥443 million, up 22.6%, and quarterly net income attributable to owners of the parent was ¥262 million, compared with a quarterly net loss attributable to owners of the parent of ¥534 million in the previous corresponding period.」
Revenue, operating income and ordinary income increased year on year, while quarterly net income attributable to owners of the parent turned from the previous year's loss into profit of ¥262 million. As in the previous quarter, recovery from the previous year's profit decline caused by higher raw-material prices, impairment losses and other factors was evident. - FY2020-Q1ReframedAnnual report
「As a result, revenue for the cumulative first quarter of the current fiscal year was ¥5,647 million, up 5.5% year on year. In terms of earnings, operating income was ¥198 million, up 24.5% year on year, ordinary income was ¥250 million, up 27.1%, and quarterly net income attributable to owners of the parent was ¥138 million, up 44.5%.」
The earnings pattern has shifted from the previous year's lower profits and losses caused by higher raw-material prices, weaker performance at overseas affiliates and impairment losses to one in which revenue, operating income, ordinary income and net income attributable to owners of the parent all increased year on year. - FY2019RestatedAnnual report
「Revenue was ¥22,117 million, up 0.6% year on year, but operating income fell 31.6% to ¥571 million due to higher cost of sales resulting from rising raw-material prices. Ordinary income was ¥681 million, as the performance of equity-method affiliates deteriorated.」
Full-year revenue increased, while higher raw-material prices and weaker performance at equity-method affiliates reduced operating income and ordinary income. Together with an impairment loss on fixed assets, this resulted in a net loss attributable to owners of the parent of ¥324 million. - FY2019-Q3RestatedAnnual report
「Revenue was ¥16,932 million, up 1.7% year on year. In terms of earnings, operating income was ¥495 million, down 21.2% year on year, and ordinary income was ¥598 million, down 26.1%. In addition, the company recorded an impairment loss of ¥720 million on fixed assets at its Indonesian subsidiary as an extraordinary loss for the cumulative third quarter of the current fiscal year, resulting in a quarterly net loss attributable to owners of the parent of ¥379 million, compared with quarterly net income attributable to owners of the parent of ¥521 million in the previous corresponding period.」
The pattern of higher revenue but lower operating income and ordinary income, with an impairment loss of ¥720 million at the Indonesian subsidiary resulting in a quarterly net loss attributable to owners of the parent, has continued. - FY2019-Q2ReframedAnnual report
「Revenue was ¥11,088 million, up 1.2% year on year. In terms of earnings, operating income was ¥314 million, down 16.4% year on year, and ordinary income was ¥361 million, down 27.8%. In addition, the company recorded an impairment loss of ¥720 million on fixed assets at its Indonesian subsidiary as an extraordinary loss for the cumulative second quarter of the current fiscal year, resulting in a quarterly net loss attributable to owners of the parent of ¥534 million, compared with quarterly net income attributable to owners of the parent of ¥304 million in the previous corresponding period.」
Revenue increased, while operating income and ordinary income declined. An impairment loss of ¥720 million at the Indonesian subsidiary resulted in a quarterly net loss attributable to owners of the parent of ¥534 million. Profit performance has shifted from the previous year's profit-growth pattern to one affected by impairment losses and higher raw-material prices. - FY2019-Q1ReframedAnnual report
「Revenue was ¥5,353 million, up 0.1% year on year. In terms of earnings, despite higher raw-material prices, increased coating sales volumes lifted operating income 1.2% to ¥159 million. However, the performance of overseas affiliates deteriorated, reducing equity in earnings of affiliates due to higher raw-material prices, foreign-exchange losses and other factors. As a result, ordinary income fell 13.8% to ¥197 million, and quarterly net income attributable to owners of the parent fell 15.7% to ¥95 million.」
While revenue and operating income increased slightly, ordinary income and quarterly net income attributable to owners of the parent declined, indicating a shift from the previous year's profit-growth pattern to one affected by overseas affiliates, raw materials and foreign exchange. - FY2018RestatedAnnual report
「Revenue was ¥21,991 million, up 2.7% year on year. In terms of earnings, operating income was ¥834 million, down 8.3% year on year, ordinary income was ¥1,090 million, down 0.0%, and net income attributable to owners of the parent was ¥732 million, up 12.8%.」
On a full-year basis, revenue increased, operating income declined, ordinary income was flat, and net income attributable to owners of the parent increased. - FY2018-Q3RestatedAnnual report
「Revenue was ¥16,656 million, up 3.2% year on year. In terms of earnings, operating income was ¥628 million, down 5.9% year on year, ordinary income was ¥810 million, up 16.9%, and quarterly net income attributable to owners of the parent was ¥521 million, up 67.4%.」
The pattern of higher revenue and ordinary income and quarterly net income attributable to owners of the parent, alongside lower operating income, has continued. - FY2018-Q2ReframedAnnual report
「Revenue was ¥10,953 million, up 3.0% year on year. In terms of earnings, operating income was ¥375 million, down 17.4% year on year, ordinary income was ¥500 million, up 17.7%, and quarterly net income attributable to owners of the parent was ¥304 million, up 59.9%.」
The earnings pattern has changed from the previous structure of higher profits despite lower revenue: in the second quarter, revenue increased and operating income declined, while ordinary income and net income attributable to owners of the parent increased. - FY2018-Q1ReframedAnnual report
「Revenue was ¥5,346 million, up 4.6% year on year. In terms of earnings, operating income was ¥157 million, up 24.6% year on year, ordinary income was ¥228 million, up 35.0%, and quarterly net income attributable to owners of the parent was ¥113 million, up 75.9%.」
The earnings pattern has changed from the previous structure of higher profits despite lower revenue: this quarter, revenue, operating income, ordinary income and net income attributable to owners of the parent all increased year on year. - FY2017RestatedAnnual report
「Revenue was ¥21,423 million, down 6.4% year on year. In terms of earnings, operating income was ¥910 million, down 10.2% year on year, ordinary income was ¥1,090 million, down 0.8%, and net income attributable to owners of the parent was ¥649 million, up 42.7%.」
For the full year as well, revenue and operating income declined, while net income attributable to owners of the parent increased year on year. - FY2017-Q3First statedAnnual report
「Revenue was ¥16,134 million, down 6.0% year on year. In terms of earnings, operating income was ¥667 million, down 0.8% year on year, ordinary income was ¥693 million, up 5.3%, and quarterly net income attributable to owners of the parent was ¥311 million, up 9.7%.」
Although revenue declined for the cumulative third quarter, ordinary income and quarterly net income attributable to owners of the parent increased year on year.