Operating profit growth excluding the reversal effect of the gain on remeasurement of a business combination
First written in FY2017-Q2. 17 of 32 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-05-08.
No other company in this theme has enough history to compare yet.
- 2026-05-08AdvancedEarnings
「Adjusted EBITDA for the consolidated fiscal year reached a record ¥496.6 billion, up 5.5% year on year, as the increase in revenue described above outweighed higher selling, general and administrative expenses, mainly promotional expenses, personnel expenses, depreciation and amortization.」
Adjusted EBITDA reached a record high as revenue increased despite higher selling, general and administrative expenses, extending the improvement in recurring profitability. - FY2026-H1AdvancedAnnual report
「Adjusted EBITDA for the current interim consolidated accounting period reached a record ¥251.2 billion for an interim consolidated accounting period, up 7.2% year on year, owing to higher revenue despite increased sales promotion expenses and the reversal of the increase in profit resulting from a gain on the loss of control of a subsidiary recognized in the same period of the previous year.」
Despite higher sales promotion expenses and the reversal of the gain on the loss of control of a subsidiary recognized in the same period of the previous year, adjusted EBITDA reached a record ¥251.2 billion for an interim period, up 7.2% year on year. - FY2025AdvancedAnnual report
「Adjusted EBITDA for the current consolidated fiscal year reached a record ¥470.8 billion, up 13.5% year on year, owing to higher revenue despite increases in sales promotion expenses, security-related costs and other expenses.」
Adjusted EBITDA reached a record ¥470.8 billion, up 13.5% year on year, as higher revenue offset increases in sales promotion expenses, security-related costs and other expenses. - FY2025-H1AdvancedAnnual report
「Adjusted EBITDA for the current interim consolidated accounting period reached a record ¥234.4 billion for an interim consolidated accounting period, up 15.3% year on year, owing to higher revenue despite increases in sales promotion expenses, security-related costs and other expenses.」
Adjusted EBITDA for the interim period reached a record ¥234.4 billion, up 15.3% year on year, as higher revenue offset increases in sales promotion expenses, security-related costs and other expenses. - FY2024AdvancedAnnual report
「Adjusted EBITDA reached a record ¥414.9 billion, up 24.7%, owing to higher revenue, cost optimization centered on the Commerce Business and business selection and concentration in the Strategic Business.」
Adjusted EBITDA reached a record ¥414.9 billion, up 24.7% year on year, through cost optimization and business selection and concentration. This indicated improved recurring profitability separately from the decline in operating profit and other measures caused by the reversal of the business combination remeasurement gain. - FY2024-Q3AdvancedAnnual report
「Adjusted EBITDA for the cumulative third quarter of the current consolidated fiscal year reached a record ¥313.1 billion, up 20.1% year on year, as profitability in the Strategic Business improved through business selection and concentration and growth following the consolidation of PayPay, while cost optimization and other measures also took effect. Although operating profit and other measures declined year on year due to the impact of the business combination remeasurement gain recognized following the consolidation of PayPay as a subsidiary in the third quarter of the previous fiscal year, the remeasurement gain is an adjustment item in the calculation of adjusted EBITDA and had no impact on adjusted EBITDA.」
Although operating profit and other measures declined because of the reversal of the business combination remeasurement gain, adjusted EBITDA reached a record high through business selection and concentration, growth following the consolidation of PayPay and cost optimization. - FY2024-Q2AdvancedAnnual report
「Adjusted EBITDA for the cumulative second quarter of the current consolidated fiscal year reached a record ¥203.3 billion, up 21.6% year on year, as improved profitability in the Commerce Business following cost optimization and improved profitability in the Strategic Business resulting from the pursuit of business selection and concentration, among other factors, took effect.」
In addition to the previous explanation of profit fluctuations caused by strategic investment and one-off factors, cost optimization and business selection and concentration were cited as contributing to improved profitability in the Commerce and Strategic Businesses. - FY2023Recognition of multiple business combination remeasurement gainsAnnual report
「Following the consolidation of PayPay as a subsidiary on 1 October 2022, the equity interest held in PayPay was remeasured at fair value as of the date control was obtained, resulting in the recognition of a ¥147,321 million remeasurement gain related to the business combination in the current consolidated fiscal year. Similarly, following the consolidation of LINE MUSIC as a subsidiary on 29 September 2022, a ¥9,180 million remeasurement gain related to the business combination was recognized.」
In addition to the ¥147.321 billion remeasurement gain from the consolidation of PayPay, a ¥9.180 billion remeasurement gain from the consolidation of LINE MUSIC was also recognized, adding a non-recurring profit factor related to the business combinations. - FY2023-Q3Remeasurement gain on the consolidation of PayPayAnnual report
「Following the consolidation of PayPay as a subsidiary on 1 October 2022, the equity interest held in PayPay was remeasured at fair value as of the date control was obtained, resulting in the recognition of a ¥147,321 million remeasurement gain related to the business combination.」
Following the consolidation of PayPay, a ¥147.321 billion remeasurement gain on the previously held equity interest was recognized, and the business combination contributed to operating profit. - FY2023-Q2WorsenedAnnual report
「Adjusted EBITDA for the cumulative second quarter of the current consolidated fiscal year was ¥167.1 billion, down 10.7% year on year, despite higher revenue, due to the reversal of the gain on the sale of YJ FX recognized in the same period of the previous year and strategic investments, among other factors.」
Despite higher revenue, adjusted EBITDA declined 10.7% year on year due to the reversal of the gain on the sale of YJ FX recognized in the same period of the previous year and strategic investments, among other factors. - FY2023-Q1AdvancedAnnual report
「Adjusted EBITDA reached a record ¥86.5 billion for the cumulative first quarter of the current consolidated fiscal year, up 0.2% year on year, despite higher expenses at the LINE Group and elsewhere, owing to higher revenue and the elimination of royalty payments following the termination of the Yahoo! JAPAN License Agreement, among other factors.」
Adjusted EBITDA reached a record ¥86.5 billion as higher revenue and the elimination of royalty payments following the termination of the Yahoo! JAPAN License Agreement, among other factors, offset higher expenses at the LINE Group and elsewhere. - FY2022AdvancedAnnual report
「Adjusted EBITDA reached a record ¥331.4 billion, up 12.4%, owing to higher revenue, gains on the sale of shares in YJ FX and the elimination of royalty payments following the termination of the Yahoo! JAPAN License Agreement, among other factors.」
The explanation progressed from lower profit due to investment burdens and higher expenses to record adjusted EBITDA driven by higher revenue following the integration with LINE, gains on the sale of FX operations and the elimination of royalty payments, among other factors. - FY2022-Q3AdvancedAnnual report
「Adjusted EBITDA reached a record ¥285.1 billion for the cumulative third quarter of the current consolidated fiscal year, up 23.4% year on year, owing to higher revenue, gains on the sale of shares in YJ FX and the elimination of royalty payments following the termination of the Yahoo! JAPAN License Agreement, among other factors.」
Adjusted EBITDA reached a record ¥285.1 billion, driven by higher revenue, gains on the sale of shares in YJ FX and the elimination of royalty payments following the termination of the Yahoo! JAPAN License Agreement, among other factors. - FY2022-Q2AdvancedAnnual report
「Adjusted EBITDA reached a record ¥187.1 billion for the cumulative current quarter, up 23.1% year on year, owing to higher revenue and gains on the sale of shares in YJ FX, among other factors.」
Adjusted EBITDA reached a record ¥187.1 billion, driven by higher revenue and gains on the sale of shares in YJ FX, among other factors. - FY2022-Q1AdvancedAnnual report
「Adjusted EBITDA was ¥86.3 billion, up 11.2% year on year, owing to higher revenue and the consolidation of LINE, among other factors.」
Adjusted EBITDA increased 11.2% year on year to ¥86.3 billion, driven by the consolidation of LINE and higher revenue. - FY2021AdvancedAnnual report
「Revenue for the current consolidated fiscal year increased year on year, mainly because ZOZO was made a consolidated subsidiary in November 2019, LINE and the company integrated their management in March 2021, and revenue in the ASKUL Group increased. Operating profit increased year on year, mainly because ZOZO was made a consolidated subsidiary.」
The explanation progressed from lower profit due to investment burdens to higher revenue and operating profit driven by the consolidation of ZOZO, the integration with LINE and higher revenue at ASKUL. - FY2021-Q3RestatedAnnual report
「Operating profit and profit before tax increased year on year, mainly because ZOZO was made a consolidated subsidiary and operating profit in the Commerce Business increased as a result of improved profitability in the ASKUL Group and other factors. In addition, a loss on the retirement of assets was incurred in the third quarter of the current consolidated fiscal year in connection with the renewal of the existing credit card business system.」
The consolidation of ZOZO and higher profit in the Commerce Business resulting from improved profitability in the ASKUL Group continued to be cited as factors contributing to higher operating profit and profit before tax. Meanwhile, a loss on the retirement of assets was incurred in connection with the renewal of the existing credit card business system. - FY2021-Q2AdvancedAnnual report
「Operating profit and profit before tax increased year on year, mainly because ZOZO was made a consolidated subsidiary, operating profit in the Commerce Business increased as a result of improved profitability in the ASKUL Group and other factors, and sales promotion expenses, particularly at YJ Card and Yahoo Japan, were reduced.」
The consolidation of ZOZO, higher profit in the Commerce Business resulting from improved profitability in the ASKUL Group, and reduced sales promotion expenses, particularly at YJ Card and Yahoo Japan, were identified as factors contributing to higher operating profit and profit before tax. - FY2021-Q1AdvancedAnnual report
「Operating profit and profit before tax increased year on year, mainly because ZOZO was made a consolidated subsidiary, operating profit in the Commerce Business increased as a result of improved profitability in the ASKUL Group and other factors, and sales promotion expenses, particularly at Yahoo Japan, were reduced.」
The consolidation of ZOZO, higher profit in the Commerce Business resulting from improved profitability in the ASKUL Group, and reduced sales promotion expenses were identified as factors contributing to higher operating profit and profit before tax. - FY2020AdvancedAnnual report
「Revenue of the acquiree from the date of obtaining control recognized in the current consolidated fiscal year was ¥57,462 million, and profit for the period was ¥5,773 million.」
Revenue of ¥57,462 million and profit for the period of ¥5,773 million after the consolidation of ZOZO were reflected in the full-year financial figures. - FY2020-Q3Profit growth from the consolidation of ZOZOAnnual report
「Operating profit increased year on year, mainly because ZOZO was made a consolidated subsidiary.」
The explanation shifted from a decline in profit due to higher selling expenses, personnel expenses and depreciation and amortization to the consolidation of ZOZO as a factor contributing to higher operating profit. - FY2020-Q1RestatedAnnual report
「Operating profit decreased year on year despite higher revenue, due to increases in depreciation and amortisation, promotional expenses and personnel expenses, as well as one-off factors including a gain on the sale of IDC Frontier in the same quarter of the previous year.」
The company continues to attribute the decline in profit to higher depreciation and amortization, selling expenses and personnel expenses, as well as the reversal of the gain on the sale of IDC Frontier in the same quarter of the previous year. - FY2019ReframedAnnual report
「Operating profit declined year on year despite higher revenue and gains on the sale of shares in subsidiaries in the first quarter, mainly because selling expenses, depreciation and amortization, and personnel expenses increased; impairment losses of ¥3.6 billion at ASKUL Corporation, a subsidiary of the company, and ¥2.3 billion at Synergy Marketing were recognized; and insurance proceeds were received from ASKUL Corporation in the first quarter of the previous fiscal year.」
The factors behind the decline in profit were specified as higher selling expenses, depreciation and amortization, and personnel expenses; impairment losses at ASKUL and Synergy Marketing; and the reversal of insurance proceeds. For profit before tax and other measures, equity-method investment losses from aggressive investment in PayPay were also cited. - FY2019-Q3RestatedAnnual report
「Operating profit, profit before tax and quarterly profit attributable to owners of the parent declined year on year despite higher revenue and gains on the sale of shares in subsidiaries in the first quarter, mainly because selling expenses, depreciation and amortization, and personnel expenses increased and insurance proceeds were received from ASKUL Corporation in the first quarter of the previous fiscal year.」
The company continues to attribute the decline in profit to higher selling expenses, depreciation and amortization, and personnel expenses, as well as the reversal of insurance proceeds related to the ASKUL logistics center fire received in the same period of the previous year. - FY2019-Q2RestatedAnnual report
「Operating profit, profit before tax and quarterly profit attributable to owners of the parent declined year on year despite higher revenue and gains on the sale of shares in subsidiaries in the first quarter, mainly because selling expenses, personnel expenses, depreciation and amortization increased and insurance proceeds were received from ASKUL Corporation in the first quarter of the previous fiscal year.」
The company continues to attribute the decline in profit to higher selling expenses, personnel expenses and depreciation and amortization, as well as the reversal of insurance proceeds related to the ASKUL logistics center fire received in the same period of the previous year. - FY2019-Q1ReframedAnnual report
「Operating profit, profit before tax and quarterly profit attributable to owners of the parent declined year on year despite higher revenue and gains on the sale of shares in subsidiaries, mainly because selling expenses, personnel expenses, depreciation and amortization increased and insurance proceeds were received from ASKUL Corporation in the same quarter of the previous year.」
The decline in profit was attributed to increases in selling expenses, personnel expenses, depreciation and amortization, in addition to the reversal of the business combination remeasurement gain and additional investment previously cited, as well as the reversal of insurance proceeds received in the same period of the previous year. - FY2018ReframedAnnual report
「Operating profit, profit before tax and profit for the period attributable to owners of the parent declined from the previous consolidated fiscal year despite higher revenue, mainly because of additional investment to maximize e-commerce transaction volume and promote data-driven operations.」
The reason for the decline in profit was clearly positioned as additional investment to maximize e-commerce transaction volume and promote data-driven operations, rather than the previous year's reversal of the business combination remeasurement gain. - FY2018-Q3RestatedAnnual report
「Operating profit declined year on year despite higher revenue, insurance proceeds received by ASKUL Corporation and gains on the sale of property, plant and equipment, mainly because investment in sales promotion activities, data facilities and other areas was increased.」
The company continues to explain the year-on-year decline in operating profit as resulting from increased investment in sales promotion activities, data facilities and other areas. - FY2018-Q2WorsenedAnnual report
「Operating profit declined year on year despite higher revenue and insurance proceeds received by ASKUL Corporation, mainly because investment in sales promotion activities, data facilities and other areas was increased.」
The explanation shifted from profit growth excluding the reversal of the business combination remeasurement gain to a year-on-year decline in operating profit due to increased investment in sales promotion activities, data facilities and other areas. - FY2017WorsenedAnnual report
「Operating profit of ¥192 billion (down 14.6% from the previous consolidated fiscal year)」
In addition to the reversal of the remeasurement gain recognized in the previous year following the consolidation of ASKUL, a ¥13.0 billion loss was incurred due to a logistics center fire, resulting in a 14.6% year-on-year decline in operating profit. - FY2017-Q3AdvancedAnnual report
「Excluding this impact, operating profit for the cumulative third quarter of the previous year was ¥46.9 billion, and operating profit for the cumulative third quarter of the current year increased 28.9% year on year.」
Operating profit excluding the reversal of the remeasurement gain associated with ASKUL Corporation's business combination increased 28.9% year on year. - FY2017-Q2First statedAnnual report
「Excluding this impact, operating profit for the cumulative second quarter of the previous year was ¥32.9 billion, and operating profit for the cumulative second quarter of the current year increased 21.7% year on year.」
Although operating profit appeared to decline because of the reversal of the ¥59.6 billion remeasurement gain recognized in the previous year in connection with ASKUL Corporation's business combination, operating profit excluding that impact increased 21.7% year on year.