Year-on-year profit decline due to one-off, large-scale, high-profit projects in the previous year
First written in FY2017-Q1. 1 of 3 entries say "Restated". Latest entry: FY2019-Q1.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2019-Q1DroppedAnnual report
「Profit margins exceeded the previous year due to an increase in high-margin projects and other factors.」
There is no reference to a year-on-year profit decline due to the one-off large high-margin project in the previous year. This time, the company explains that high-margin projects increased and profit margins exceeded the previous year. - FY2017-Q2RestatedAnnual report
「Operating profit declined slightly year on year because the previous year included a one-off large high-margin project. Ordinary profit and profit attributable to owners of the parent increased year on year due to factors including higher dividend income.」
The company continues to cite the one-off large high-margin project in the previous year as the reason for the slight year-on-year decline in operating profit, while explaining that ordinary profit and net profit increased due to factors including higher dividend income. - FY2017-Q1First statedAnnual report
「As a result, net sales for the first-quarter consolidated cumulative period were ¥2.737 billion, down 6.3% year on year; operating profit was ¥194 million, down 35.6%; ordinary profit was ¥205 million, down 32.7%; and profit attributable to owners of the parent was ¥135 million, down 30.6%. Profit declined year on year because the previous year included a one-off large high-margin project, but performance was in line with the initial plan.」
The company explains that net sales, operating profit, ordinary profit and profit attributable to owners of the parent declined year on year because the previous year included a one-off large high-margin project.