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F&M (4771) · TargetAchieved

Achieving operating profitability in the Business Solutions business in the fiscal year ending March 2022

First written in FY2021. 3 of 7 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2023.

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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021AdvancedFY2022-Q3SoftenedFY2022AdvancedFY2023-Q2 – FY20232021: 220212022: 320222023: 22023
Same theme, other companies
Turning the Solutions business profitable and maintaining profitabilityA theme 4 companies write about · 0 as a headwind · 4 as a tailwind

0 other companies' latest entry also says "Achieved".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2023AchievedAnnual report

    「The Business Solutions segment achieved operating profitability on a standalone segment basis in the current consolidated fiscal year.」

    The Business Solutions segment achieved operating profitability on a standalone segment basis, which had been deferred from the fiscal year ending March 2022 onward.
  2. FY2023-Q3AdvancedAnnual report

    「As a result, revenue in the Business Solutions segment for the first nine months of the current fiscal year was ¥2,171 million, up 44.9% year on year, and operating profit was ¥224 million, compared with operating profit of ¥9 million in the same period of the previous year.」

    The Business Solutions segment posted operating profit of ¥224 million for the nine months ended December, providing a quantitative indication of progress toward the plan to turn profitable on an operating basis. Achievement of the full-year target has not been confirmed in this filing.
  3. FY2023-Q2AdvancedAnnual report

    「As a result, revenue from the Business Solutions Business for the cumulative consolidated period of the second quarter was ¥1,015 million, up 56.3% year on year, while it recorded an operating loss of ¥170 million, compared with an operating loss of ¥270 million in the same period of the previous year.」

    Against the plan to turn profitable on an operating basis, the segment still posted an operating loss of ¥170 million for the cumulative quarter, but the loss narrowed from ¥270 million in the same period of the previous year, indicating measurable progress toward profitability.
  4. FY2022SoftenedAnnual report

    「The Business Solutions segment is not yet expected to make a significant contribution to company-wide earnings in the following fiscal year, but the plan calls for the segment itself to turn profitable on an operating basis.」

    Against the plan for the Business Solutions segment to turn profitable on an operating basis in the fiscal year ending March 2022, the segment posted an operating loss of ¥12 million in the current fiscal year, indicating that the plan is to defer the timing of profitability to the following fiscal year.
  5. FY2022-Q3AdvancedAnnual report

    「As a result, revenue from the Business Solutions Business for the cumulative consolidated period of the third quarter was ¥1,499 million, up 40.4% year on year, and operating profit was ¥9 million, compared with an operating loss of ¥139 million in the same period of the previous year.」

    Against the plan for the Business Solutions segment to turn profitable on an operating basis in the fiscal year ending March 2022, the segment posted operating profit of ¥9 million for the nine months ended December, showing progress toward profitability. Achievement of the full-year target has not yet been confirmed.
  6. FY2022-Q2WorsenedAnnual report

    「As a result, revenue from the Business Solutions Business for the cumulative consolidated period of the second quarter was ¥649 million, up 27.7% year on year, while it recorded an operating loss of ¥270 million, compared with an operating loss of ¥219 million in the same period of the previous year.」

    Against the plan for the Business Solutions segment to turn profitable on an operating basis in the fiscal year ending March 2022, the segment posted an operating loss of ¥270 million for the six months ended September, compared with a loss of ¥219 million in the same period of the previous year. No withdrawal or change to the plan is stated.
  7. FY2021First statedAnnual report

    「The Business Solutions segment is not yet expected to make a significant contribution to company-wide earnings in the fiscal year ending March 2022, but the plan calls for the segment itself to turn profitable on an operating basis.」

    The company explicitly states for the first time that the Business Solutions segment is planned to turn profitable on an operating basis in the fiscal year ending March 2022.
Moved together

"Outsourcing Business: Higher Revenue, Lower Operating Profit" moved the same way as this thread, in the same document, in 5 of its 7 moves.

554444★123456
  1. ★This thread
  2. 1Outsourcing Business: Higher Revenue, Lower Operating Profit5×
  3. 2Revenue and profit growth in the Tax House business5×
  4. 3Expansion of Back-Office Support for Mid-Sized and Small Businesses4×
  5. 4Support for Applications for the Manufacturing Subsidy and Business Improvement Plans4×
  6. 5Revenue and Profit Growth in the First Quarter4×
  7. 6Expansion of Bookkeeping Outsourcing Membership4×

★ 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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Achieving operating profitability in the Business Solutions business in the fiscal year ending March 2022 | F&M CO.,LTD. (4771) | Komori