Sustainable profitability and a 10% operating margin
First written in FY2016. 22 of 39 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-17.
Sanix Holdings moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
29 other companies' latest entry also says "Advanced".
- 2026-08-17AdvancedEarnings
「As a result, the Group posted operating income of ¥339 million, compared with an operating loss of ¥343 million in the same period of the previous year, ordinary income of ¥280 million, compared with an ordinary loss of ¥539 million, and net income attributable to owners of the parent of ¥126 million, compared with a net loss attributable to owners of the parent of ¥640 million.」
The Group moved from losses at each level in the same period of the previous year to operating income, ordinary income, and net income attributable to owners of the parent, indicating progress toward profitability. However, the operating margin was approximately 3.0%, and the disclosure does not indicate achievement of the 10% target. - FY2026WorsenedAnnual report
「The group believes that operating profit is the management metric that most directly reflects productivity and the balance with costs. It therefore regards the operating profit margin as an important metric and aims to achieve 10% over the medium to long term. The operating profit margin for the consolidated fiscal year under review was 2.8%. The company will continue working to improve this metric.」
The medium- to long-term 10% operating profit margin target remains in place, but the operating profit margin declined from 4.9% in the previous fiscal year to 2.8%. - FY2026-H1WorsenedAnnual report
「In the Resource Circulation business, the group’s results were affected by delays in restarting the Tomakomai Power Plant after legally required inspections and provisions for processing costs related to increased plastic fuel inventory resulting from the plant shutdown. As a result, group-wide operating loss was ¥19 million, compared with operating profit of ¥650 million in the same period of the previous year; ordinary loss was ¥407 million, compared with ordinary profit of ¥499 million; and interim net loss attributable to owners of the parent was ¥613 million, compared with interim net profit attributable to owners of the parent of ¥270 million.」
The company turned from operating profit, ordinary profit and interim net profit attributable to owners of the parent in the same period of the previous year to an operating loss of ¥19 million, an ordinary loss of ¥407 million and an interim net loss attributable to owners of the parent of ¥613 million, substantially worsening profitability. - FY2025-H1Maintained profitability at all levels but recorded a substantial decline in profitAnnual report
「In the Environmental Resources Development business, revenue declined because the contracted electricity sales price at the Tomakomai Power Plant was lower. In addition, the recording of repair costs related to scheduled maintenance contributed to group-wide operating profit of ¥650 million, down 56.1% year on year; ordinary profit of ¥499 million, down 62.8%; and interim net profit attributable to owners of the parent of ¥270 million, down 76.0%.」
Profit remained positive at the operating, ordinary and interim net profit attributable to owners of the parent levels, but declined substantially year on year due to the lower contracted electricity sales price and the impact of scheduled maintenance costs. There is no statement regarding achievement of the 10% operating profit margin target. - FY2024AdvancedAnnual report
「The operating profit margin for the consolidated fiscal year under review was 7.9%. The company will continue working to improve this metric.」
While the medium- to long-term 10% operating profit margin target remains in place, the operating profit margin increased from 3.9% in the previous fiscal year to 7.9%. Although it remained below the 10% target, the figures indicate improvement. - FY2024-Q3AdvancedAnnual report
「Profit in the Environmental Resources Development division improved as the contracted electricity sales price at the Tomakomai Power Plant increased. As a result, group-wide operating profit was ¥2,419 million, up 117.6% year on year; ordinary profit was ¥2,242 million, up 139.6%; and quarterly net profit attributable to owners of the parent was ¥1,806 million, up 178.2%.」
During the nine-month period, the company was profitable at the operating, ordinary and quarterly net profit attributable to owners of the parent levels, with substantial year-on-year profit growth. Although this did not represent achievement of the 10% operating profit margin target, it indicated progress in profit recovery. - FY2024-Q2AdvancedAnnual report
「In the Environmental Resources Development division, repair costs were recorded in connection with legally required boiler and turbine inspections at the Tomakomai Power Plant in April 2023, but profit improved as the contracted electricity sales price increased. As a result, group-wide operating profit was ¥1,481 million, up 98.5% year on year; ordinary profit was ¥1,343 million, up 119.6%; and quarterly net profit attributable to owners of the parent was ¥1,126 million, up 154.4%.」
Operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased year on year, substantially improving profit levels while maintaining profitability at every level. - FY2024-Q1Maintained profitability at all levels but recorded lower profitAnnual report
「Partly due to the impact of repair costs recorded in connection with legally required boiler and turbine inspections at the Tomakomai Power Plant in April 2023, group-wide operating profit was ¥154 million, down 54.8% year on year; ordinary profit was ¥73 million, down 72.9%; and quarterly net profit attributable to owners of the parent was ¥63 million, down 63.6%.」
Profit remained positive at the operating, ordinary and quarterly net profit attributable to owners of the parent levels, but declined substantially year on year, partly due to the impact of repair costs related to legally required inspections. - FY2023-Q3AdvancedAnnual report
「In the new electricity business, electricity procurement costs were materially affected by the surge in wholesale electricity market prices in the previous fiscal year. As the company worked to eliminate price volatility risk through market procurement, group-wide operating profit was ¥1,111 million, up 514.0% year on year; ordinary profit was ¥935 million, compared with ordinary profit of ¥0 million in the same period of the previous year; and quarterly net profit attributable to owners of the parent was ¥649 million, compared with a quarterly net loss of ¥306 million.」
Operating profit improved from ¥181 million and quarterly net loss attributable to owners of the parent of ¥306 million in the same period of the previous year to operating profit of ¥1,111 million, ordinary profit of ¥935 million and quarterly net profit attributable to owners of the parent of ¥649 million, maintaining profitability at all levels. - FY2023-Q2AdvancedAnnual report
「Partly reflecting the rebound from the previous fiscal year, when lower revenue and repair costs were recorded due to legally required inspections at the Tomakomai Power Plant, group-wide operating profit was ¥746 million, up 26.6% year on year; ordinary profit was ¥611 million, up 24.6%; and quarterly net profit attributable to owners of the parent was ¥442 million, up 235.0%.」
During the six-month period, the company returned to profitability at the operating, ordinary and net profit attributable to owners of the parent levels, with year-on-year profit growth. Progress in profitability toward sustainable profitability is evident, but there is no statement regarding achievement of the 10% operating profit margin target. - FY2023-Q1AdvancedAnnual report
「These measures substantially reduced the price volatility risk associated with electricity procurement. As a result, during the three-month period of the fiscal year under review, the company posted operating profit, ordinary profit and quarterly net profit attributable to owners of the parent.」
Following a review of contracts in the new electricity business and other measures, the company posted operating profit of ¥341 million, ordinary profit of ¥270 million and quarterly net profit attributable to owners of the parent of ¥174 million, returning to profitability at all levels from losses in the previous fiscal year. There is no statement indicating achievement of the 10% operating profit margin target. - FY2022WorsenedAnnual report
「The group believes that operating profit is the management metric that most directly reflects productivity and the balance with costs. It therefore regards the operating profit margin as an important metric and aims to achieve 10% over the medium to long term. The group recorded an operating loss for the consolidated fiscal year under review because electricity procurement costs in the new electricity business rose substantially as electricity market prices surged. Going forward, it will work to achieve the target by reducing the market-risk-bearing retail electricity business, securing an appropriate gross profit margin for the group as a whole and controlling selling, general and administrative expenses.」
The medium- to long-term 10% operating profit margin target remains in place, but for the full year the company recorded an operating loss of ¥2,618 million, an ordinary loss of ¥2,900 million and a net loss attributable to owners of the parent of ¥3,449 million, worsening its earnings position against the target from the previous fiscal year. - FY2022-Q3Operating profit fell substantially, ordinary profit was zero and a net loss was recordedAnnual report
「In addition to the impact of lower revenue in the SE division and rising material prices, as well as repair costs at the Tomakomai Power Plant due to legally required inspections and other factors, electricity procurement costs in the Energy division’s new electricity business increased more than expected as prices on the wholesale electricity market (JEPX) surged from October 2021. As a result, group-wide operating profit was ¥181 million, down 92.4% year on year; ordinary profit was ¥0 million, down 100.0%; and quarterly net loss attributable to owners of the parent was ¥306 million, compared with quarterly net profit attributable to owners of the parent of ¥1,915 million in the same period of the previous year.」
Although total revenue increased, operating profit declined to ¥181 million, ordinary profit was ¥0 million and quarterly net loss attributable to owners of the parent was ¥306 million. - FY2022-Q2AdvancedAnnual report
「The decline in revenue in the SE division and repair costs at the Tomakomai Power Plant in the Environmental Resources Development division due to legally required inspections and other factors resulted in group-wide operating profit of ¥589 million, down 64.6% year on year; ordinary profit of ¥490 million, down 68.6%; and quarterly net profit attributable to owners of the parent of ¥132 million, down 90.6%.」
From operating, ordinary and net losses in FY2022-Q1, the company returned to profitability at all levels during the six-month period under review. However, profit declined substantially year on year. - FY2022-Q1The entire company turned to an operating loss, ordinary loss and net lossAnnual report
「The decline in revenue in the SE division and ¥705 million in repair costs at the Tomakomai Power Plant in the Environmental Resources Development division due to legally required inspections and other factors resulted in group-wide operating loss of ¥102 million, compared with operating profit of ¥784 million in the same period of the previous year; ordinary loss of ¥138 million, compared with ordinary profit of ¥755 million; and quarterly net loss attributable to owners of the parent of ¥300 million, compared with quarterly net profit attributable to owners of the parent of ¥663 million.」
The company turned from operating profit, ordinary profit and quarterly net profit attributable to owners of the parent in the same period of the previous year to an operating loss of ¥102 million, an ordinary loss of ¥138 million and a quarterly net loss attributable to owners of the parent of ¥300 million. There is no statement indicating the status of achievement of the medium- to long-term 10% operating profit margin target. - FY2021Operating profit margin of 4.7% falls short of the 10% targetAnnual report
「The group believes that operating profit is the management metric that most directly reflects productivity and the balance with costs. It therefore regards the operating profit margin as an important metric and aims to achieve 10% over the medium to long term. The group’s operating profit margin for the consolidated fiscal year under review was 4.7%, below the target level, but it will continue working to achieve the target by securing an appropriate gross profit margin and controlling selling, general and administrative expenses.」
The medium- to long-term 10% operating profit margin target remains in place, but the operating profit margin for the year under review was 4.7%, down from 5.3% in the previous fiscal year and below the target level. - FY2021-Q3AdvancedAnnual report
「The SE division recorded lower profit. The Environmental Resources Development division recorded higher profit because, in addition to revenue growth, repair costs declined relatively as the Tomakomai Power Plant had undergone scheduled repairs in the previous fiscal year. As a result, group-wide operating profit was ¥2,381 million, up 4.2% year on year; ordinary profit was ¥2,224 million, up 6.6%; and quarterly net profit attributable to owners of the parent was ¥1,915 million, up 25.1%.」
Profit remained positive at the operating, ordinary and net profit attributable to owners of the parent levels, with year-on-year profit growth. There is no statement regarding achievement of the 10% operating profit margin target, but progress in profitability toward sustainable profitability has continued. - FY2021-Q2AdvancedAnnual report
「The Environmental Resources Development division recorded higher profit on the back of revenue growth. The SE and Energy divisions recorded lower profit due to lower revenue, while the HS and ES divisions recorded lower profit because costs increased due to higher headcount and other factors. As a result, group-wide operating profit was ¥1,664 million, up 7.3% year on year; ordinary profit was ¥1,562 million, up 9.3%; and quarterly net profit attributable to owners of the parent was ¥1,410 million, up 23.7%.」
Profit remained positive at the operating, ordinary and quarterly net profit attributable to owners of the parent levels, with year-on-year profit growth. Progress in profitability toward sustainable profitability has continued, but there is no statement regarding achievement of the 10% operating profit margin target. - FY2021-Q1AdvancedAnnual report
「The SE and Environmental Resources Development divisions each recorded higher profit on the back of revenue growth. The HS and Energy divisions recorded lower profit due to lower revenue, while the ES division recorded lower profit because costs increased due to higher headcount and other factors. As a result, group-wide operating profit was ¥784 million, up 26.0% year on year; ordinary profit was ¥755 million, up 25.8%; and quarterly net profit attributable to owners of the parent was ¥663 million, up 52.2%.」
Profit remained positive at all levels, with operating profit of ¥784 million, ordinary profit of ¥755 million and quarterly net profit attributable to owners of the parent of ¥663 million, each higher than in the same period of the previous year. - FY2020AdvancedAnnual report
「The operating profit margin targets under the medium-term management plan for fiscal 2019–fiscal 2021 are 3.8% for fiscal 2019, 3.6% for fiscal 2020 and 4.0% for fiscal 2021, while the company aims to achieve 10% over the medium to long term. The operating profit margin for the consolidated fiscal year under review was 5.3%, an improvement of 2.9 percentage points from the previous fiscal year, and the company will continue working to improve this metric.」
Annual operating profit margin targets of 3.8%, 3.6% and 4.0% were specified, while the actual margin for the year under review was 5.3%. The medium- to long-term 10% target remains in place. - FY2020-Q3AdvancedAnnual report
「The increase in revenue at the Environmental Resources Development division contributed to group-wide operating profit of ¥2,284 million, up 133.5% year on year, and ordinary profit of ¥2,087 million, up 122.4%. Quarterly net profit attributable to owners of the parent also increased substantially to ¥1,531 million, up 692.7%.」
The company posted positive results at the operating, ordinary and quarterly net profit attributable to owners of the parent levels, with substantial year-on-year profit growth. Progress in profitability toward sustainable profitability has continued, but there is no statement regarding achievement of the medium- to long-term 10% operating profit margin target. - FY2020-Q2AdvancedAnnual report
「The ES and Environmental Resources Development divisions recorded higher profit on the back of revenue growth, while the SE division recorded higher profit through cost reductions, including material costs, despite lower revenue. As a result, group-wide operating profit was ¥1,551 million, up 125.4% year on year; ordinary profit was ¥1,429 million, up 107.4%; and quarterly net profit attributable to owners of the parent was ¥1,140 million, up 487.2%.」
Profit remained positive at the operating, ordinary and net profit attributable to owners of the parent levels, with a substantial year-on-year increase. Progress in profitability toward sustainable profitability is evident, but there is no statement regarding achievement of the 10% operating profit margin target. - FY2020-Q1AdvancedAnnual report
「HS and Environmental Resources Development each recorded higher profit on the back of revenue growth, while the SE division also recorded higher profit through cost reductions, including material costs, despite lower revenue. As a result, group-wide operating profit was ¥623 million, up 499.7% year on year; ordinary profit was ¥600 million, up 287.8%; and quarterly net profit attributable to owners of the parent was ¥436 million, up 291.5%.」
The company posted positive results at all profit levels, with operating profit increasing from ¥103 million in the same period of the previous year to ¥623 million. Cost reductions were also cited as a factor in the improvement in profit, but there is no statement indicating achievement of the medium- to long-term 10% operating profit margin target. - FY2019Operating profit margin declined to 2.4%Annual report
「The operating profit margin for the consolidated fiscal year under review was 2.4%, down 0.1 percentage points from the previous fiscal year, and the company will work to improve this metric.」
The medium- to long-term target of a 10% operating profit margin was reiterated, but the operating profit margin for the year under review declined from 2.5% in the previous fiscal year to 2.4%. - FY2019-Q3Higher operating and ordinary profit alongside a decline in net profit due to disaster lossesAnnual report
「HS, ES and Environmental Resources Development each recorded higher profit on the back of revenue growth. Meanwhile, the SE division, which saw a substantial decline in revenue, recorded a significant drop in profit. As a result, group-wide operating profit was ¥978 million, up 26.5% year on year; ordinary profit was ¥938 million, up 68.2%; and quarterly net profit attributable to owners of the parent was ¥193 million, down 43.5%, because estimated restoration costs of ¥427 million for equipment at the Tomakomai Power Plant damaged in the 2018 Hokkaido Eastern Iburi earthquake were recorded as an extraordinary loss due to the disaster.」
Profit remained positive at the operating, ordinary and quarterly net profit attributable to owners of the parent levels. Operating profit and ordinary profit increased, while quarterly net profit attributable to owners of the parent declined year on year because estimated restoration costs of ¥427 million for the Tomakomai Power Plant were recorded as a disaster loss. - FY2019-Q2AdvancedAnnual report
「As a result, group-wide operating profit was ¥688 million, up 396.6% year on year; ordinary profit was ¥689 million, compared with an ordinary loss of ¥29 million in the same period of the previous year; and net profit attributable to owners of the parent was ¥194 million, compared with a quarterly net loss attributable to owners of the parent of ¥155 million in the same period of the previous year. This included ¥377 million in estimated restoration costs for equipment at the Tomakomai Power Plant damaged in the 2018 Hokkaido Eastern Iburi earthquake, recorded as an extraordinary loss due to the disaster.」
The company returned to profitability at the operating, ordinary and net profit attributable to owners of the parent levels, improving from an ordinary loss and net loss in the same period of the previous year. There is no statement indicating achievement of the 10% operating profit margin target. - FY2019-Q1Maintained profitability at all levels but recorded lower profitAnnual report
「HS, ES and Environmental Resources Development each recorded higher profit on the back of revenue growth. Meanwhile, the SE division, which saw a substantial decline in revenue, recorded a significant drop in profit. As a result, group-wide operating profit was ¥103 million, down 73.8% year on year; ordinary profit was ¥154 million, down 47.2%; and quarterly net profit attributable to owners of the parent was ¥111 million, down 46.8%.」
Profit remained positive at the operating, ordinary and net profit attributable to owners of the parent levels, but each declined year on year, with operating profit falling from ¥396 million to ¥103 million. - FY2018AdvancedAnnual report
「As a result, the company has posted operating profit, ordinary profit and net profit attributable to owners of the parent for 2 consecutive fiscal years since the previous consolidated fiscal year. The operating profit margin for the consolidated fiscal year under review was 2.5%, an improvement of 0.5 percentage points from the previous fiscal year, and the company will continue working to improve this metric.」
The company posted positive results at all profit levels for 2 consecutive fiscal years, while the operating profit margin improved by 0.5 percentage points year on year to 2.5%. Although it remained below the medium- to long-term target of 10%, the figures indicate progress toward sustainable profitability and improvement in the metric. - FY2018-Q3AdvancedAnnual report
「The Environmental Resources Development division recorded lower profit, mainly because costs increased at the Tomakomai Power Plant due to legally required boiler inspections. The other 3 divisions each recorded higher profit as cost reductions through management rationalization and lower material costs progressed. As a result, group-wide operating profit was ¥773 million, up 14.6% year on year; ordinary profit was ¥558 million, up 23.3%; and quarterly net profit attributable to owners of the parent was ¥341 million, up 562.7%.」
Profit remained positive at the operating, ordinary and net profit levels, with each increasing year on year. There is no statement regarding achievement of the 10% operating profit margin target. - FY2018-Q2Maintained operating profitability while recording ordinary and net lossesAnnual report
「During the six-month period of the fiscal year under review, the company also posted operating profit of ¥138 million, an ordinary loss of ¥29 million and a quarterly net loss attributable to owners of the parent of ¥155 million, while steadily advancing its medium-term management plan.」
Operating profit remained positive, but the company recorded losses at the ordinary profit and quarterly net profit attributable to owners of the parent levels. Its earnings position toward sustainable profitability had partially deteriorated from the previous quarter, when all profit levels were positive. - FY2018-Q1RestatedAnnual report
「Profitability improved in all 4 divisions through cost reductions from management rationalization and lower material costs. As a result, group-wide operating profit was ¥396 million, compared with an operating loss of ¥446 million in the same period of the previous year; ordinary profit was ¥292 million, compared with an ordinary loss of ¥368 million; and quarterly net profit attributable to owners of the parent was ¥209 million, compared with a quarterly net loss attributable to owners of the parent of ¥621 million.」
The company returned to profitability at the operating, ordinary and net profit levels from losses in the same period of the previous year, indicating continued profitability. However, there is no statement regarding achievement of the medium- to long-term 10% operating profit margin target. - FY2017AdvancedAnnual report
「Although the SE (solar engineering) division saw a substantial decline in revenue, the gross profit margin improved and selling, general and administrative expenses fell significantly as a result of cost reductions through management rationalization and lower material costs, returning the company to profitability at each profit level.」
For the full year, the company posted operating profit of ¥1,036 million, ordinary profit of ¥907 million and net profit attributable to owners of the parent of ¥416 million, returning to profitability at every profit level. There is no indication that the medium- to long-term 10% operating profit margin target was achieved. - FY2017-Q3AdvancedAnnual report
「Although the SE division saw a substantial decline in revenue, measures such as cost reductions through management rationalization and lower material costs improved the gross profit margin and significantly reduced selling, general and administrative expenses. As a result, the company returned to profitability at each profit level during the nine-month period of the fiscal year under review.」
Operating profit was ¥674 million, ordinary profit was ¥452 million and quarterly net profit attributable to owners of the parent was ¥51 million, returning the company to profitability at the operating, ordinary and net profit levels. Progress toward sustainable profitability has continued from the previous quarter, but there is no statement indicating that the 10% operating profit margin target was achieved. - FY2017-Q2AdvancedAnnual report
「Despite the substantial decline in revenue, the gross profit margin improved due to expense reductions from management rationalization and other initiatives, as well as lower costs for materials and other items. As a result, the Company achieved operating and ordinary profitability during the cumulative second quarter of the current consolidated fiscal year.」
Operating profit was ¥103 million and ordinary profit was ¥202 million, returning the operating and ordinary profit levels to the black. However, the quarterly net loss attributable to owners of the parent was ¥146 million due to costs related to the voluntary early retirement program and other factors, so the overall targets of sustainable profitability and a 10% operating profit margin were not achieved. - FY2017-Q1AdvancedAnnual report
「In terms of profit, we expect to improve profitability and establish sustained profitability as cost reductions for materials progress and, from the cumulative second quarter of the current consolidated fiscal year onward, the effects of reducing total expenses, including personnel expenses, are realized through progress in rationalization.」
The operating loss in the first quarter was ¥446 million, narrowing from ¥1,332 million in the same period of the previous year. Although profitability has not yet been achieved, the company expects profitability to improve through cost reductions and rationalization. - FY2016First statedAnnual report
「The Group's medium- to long-term management strategy is to reassess the current business environment and achieve sustainable profitability and continued growth. To this end, it announced a Medium-Term Management Plan dated 15 April 2016. In the solar power generation business, we will improve profitability by restructuring the business to a scale suited to market conditions. In the environmental hygiene management businesses serving households and businesses, which have been part of our operations since the Company's founding, we will expand the business scale by focusing on them again. In the Environmental Resources Development business, we will place priority on efficiency and profitability. The Group will also seek to achieve sustainable and stable earnings from 3 businesses, with a medium- to long-term target operating margin of 10% as the management indicator that most directly reflects the balance between productivity and costs.」
The Medium-Term Management Plan explicitly sets targets of sustainable profitability and continued growth, along with a 10% operating margin as a management indicator.