Profit dragged down by changes in the sales mix and accelerated amortization of software assets
First written in FY2018. 20 of 29 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-09-11.
Access moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2023: 5 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As a result, for the fiscal year under review, revenue was ¥19.215 billion, up 20.6% year on year, and the operating loss was ¥2.688 billion, compared with an operating loss of ¥2.259 billion in the previous fiscal year」
Despite higher revenue, the operating loss widened due to the impact of upfront investment in research and development and other areas, as well as the sales mix. - FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period, revenue increased slightly, but profit declined substantially from the same period of the previous fiscal year, mainly due to differences in sales mix and profit margins among the segments.」
Although overall revenue increased, differences in sales mix and profit margins among the segments became a significant factor behind the profit decline, and the operating loss widened. - FY2025WorsenedAnnual report
「Meanwhile, in the network business, in addition to slower-than-expected business growth, higher product development costs and other factors resulted in a wider loss than in the previous fiscal year.」
In addition to the previous depreciation and amortization and costs to strengthen the organizational structure, higher product development costs in the network business were explicitly identified as a factor behind the wider segment loss. - FY2025-Q1WorsenedAnnual report
「Revenue was broadly flat year on year, while segment profit declined slightly, partly due to higher costs for certain projects.」
Higher costs for certain projects weighed on profit in the IoT business, and segment profit declined year on year while revenue was largely flat. - FY2024ReframedAnnual report
「Meanwhile, although some priority areas of the IoT and Web platform businesses were expanding steadily, revenue and operating results in some areas fell short of the initial expectations due in part to higher costs.」
In addition to the previous profit pressure centered on depreciation and amortization associated with product development investment, higher costs in parts of the IoT and Web platform businesses, the cancellation of development projects and project completions were identified as factors weighing on profit. - FY2024-Q3WorsenedAnnual report
「Although revenue was broadly flat year on year, segment profit declined, partly due to the impact of higher costs for certain development projects.」
In the Web platform business, higher costs for certain development projects expanded the segment loss while revenue was largely flat. The burden of costs associated with development projects was again clearly identified as weighing on profit. - FY2023MitigatedAnnual report
「On the cost side, personnel expenses and software depreciation and amortization associated with strengthening the organizational structure increased, but revenue increased and the operating loss narrowed year on year both in US-dollar terms and in yen terms, which were affected by exchange-rate movements.」
Although personnel expenses and depreciation and amortization associated with strengthening the organizational structure continued to increase, higher revenue in the network business absorbed the impact of the higher costs, and the operating loss narrowed from the previous fiscal year. - FY2023-Q3MitigatedAnnual report
「On the cost side, personnel expenses and software depreciation and amortization associated with strengthening the organizational structure increased, but revenue increased and the operating loss narrowed year on year both in US-dollar terms and in yen terms, which were affected by exchange-rate movements.」
Although personnel expenses and depreciation and amortization associated with strengthening the organizational structure continued to increase, higher revenue in the network business absorbed the impact of the higher costs, and the operating loss narrowed year on year. - FY2023-Q2WorsenedAnnual report
「On the cost side, personnel expenses and software depreciation expenses and other costs associated with strengthening the structure increased.」
Higher personnel expenses and software depreciation and amortization associated with strengthening the organizational structure in the network business continued to weigh on profit despite higher revenue. - FY2022WorsenedAnnual report
「Segment revenue increased by more than 30% from the previous fiscal year's results, but fell short of the initial plan by approximately ¥2 billion. Segment profit also fell short of both the previous fiscal year's results and the initial plan due to factors including higher depreciation and amortization related to software and expansion of the sales and development structures.」
Although revenue increased in the network business, software depreciation and amortization and costs to expand the sales and development structures weighed on profit, and the segment loss widened from ¥1.506 billion to ¥2.779 billion. - FY2022-Q3WorsenedAnnual report
「Because higher personnel expenses and software depreciation expenses associated with strengthening the structure outweighed the increase in revenue, the segment loss widened year on year.」
Despite higher revenue in the network business, higher personnel expenses and software depreciation and amortization associated with organizational strengthening weighed on profit, and the segment loss widened from ¥1.406 billion to ¥2.087 billion. - FY2022-Q2WorsenedAnnual report
「Higher personnel expenses and software depreciation expenses associated with strengthening the structure outweighed the increase in revenue, resulting in higher revenue but lower profit in the network business.」
Although there were factors increasing revenue, higher personnel expenses and depreciation and amortization in the network business outweighed them, and profit continued to be pressured by investment and organizational strengthening. - FY2022-Q1MitigatedAnnual report
「These revenue drivers resulted in higher revenue and profit year on year.」
In the domestic business, the loss narrowed year on year due to factors increasing revenue, reducing the impact of profit headwinds from product development investment and other factors compared with the same period of the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「In addition to these factors reducing revenue, higher depreciation and amortization associated with increased product development investment resulted in lower revenue and profit than in the same quarter of the previous fiscal year.」
In the domestic business, in addition to factors reducing revenue, including the downsizing, postponement and cancellation of projects, lower shipments of automotive equipment and other products, and the postponement of new electronic publishing services and cancellation of large projects, depreciation and amortization associated with product development investment increased, and the segment loss widened from ¥99 million to ¥613 million. - FY2021-Q2WorsenedAnnual report
「Revenue and profit declined year on year due to higher depreciation and amortization associated with increased product development investment.」
Higher depreciation and amortization associated with product development investment continued to be a factor behind lower revenue and profit in the domestic business. - FY2021-Q1WorsenedAnnual report
「Higher depreciation and amortization associated with investment in product development and other areas, as well as higher costs associated with strengthening the organizational structure for business expansion, were incurred ahead of schedule.」
Depreciation and amortization associated with product development investment and costs to strengthen the organizational structure for business expansion were incurred ahead of schedule, becoming factors behind the decline in profit in the domestic business. - FY2020WorsenedAnnual report
「Higher depreciation and amortization associated with increased product development investment and higher costs to strengthen the sales and administrative structures were incurred ahead of schedule, resulting in higher revenue but lower profit for the segment year on year.」
In addition to depreciation and amortization associated with product development investment, costs to strengthen the sales and administrative structures weighed on profit, resulting in lower profit in the domestic business despite higher revenue. - FY2020-Q3WorsenedAnnual report
「Segment profit declined as depreciation increased with stepped-up product development investment and investments to strengthen sales and administrative structures ahead of business expansion were made first.」
Depreciation and amortization associated with product development investment and investment in strengthening the sales and administrative structures were incurred ahead of schedule, causing the domestic business's segment result to turn from a profit in the same period of the previous fiscal year to a loss despite higher revenue. - FY2020-Q2WorsenedAnnual report
「As a result, revenue increased from the same quarter of the previous fiscal year. Segment profit declined and turned negative, as higher depreciation and amortization associated with increased product development investment and investment in strengthening the sales and administrative structures to support business expansion were incurred ahead of schedule.」
In addition to depreciation and amortization associated with product development investment, investment in strengthening the sales and administrative structures was incurred ahead of schedule, leaving the domestic business's segment result in the red despite higher revenue. - FY2020-Q1WorsenedAnnual report
「For the segment during the current three-month period of the consolidated fiscal year, revenue remained broadly at the same level as in the same quarter of the previous year. Segment profit declined, however, as depreciation increased with stepped-up product development investment and investments to strengthen sales and administrative structures ahead of business expansion were made first.」
In addition to depreciation and amortization associated with product development investment, investment in strengthening the sales and administrative structures was incurred ahead of schedule, causing the domestic business's segment result to turn from a profit in the same period of the previous fiscal year to a loss. - FY2019MitigatedAnnual report
「In the current consolidated fiscal year, both the IoT and digital publishing fields reported higher revenue. As royalty and license revenue in the IoT field exceeded initial expectations, the segment as a whole reported year-on-year increases in both revenue and profit.」
In the current fiscal year, higher revenue from IoT and electronic publishing and royalty income resulted in higher profit in the domestic business instead of the changes in sales mix and accelerated amortization of software assets that weighed on profit in the previous fiscal year, and the impact of the previous profit headwinds has not become apparent. - FY2019-Q3RestatedAnnual report
「Compared with the same quarter of the previous fiscal year, revenue increased in both the IoT and electronic publishing fields, absorbing the impact of higher depreciation and amortization associated with increased product development investment and resulting in higher segment profit.」
Although depreciation and amortization associated with product development investment continued to increase, higher revenue from IoT and electronic publishing absorbed the impact, resulting in higher profit in the domestic business. - FY2019-Q2RestatedAnnual report
「Compared with the same quarter of the previous fiscal year, revenue increased in both the IoT and electronic publishing fields, but profit declined due to higher depreciation and amortization associated with product development investment.」
Higher depreciation and amortization associated with product development investment continued to reduce profit in the domestic business despite higher revenue from IoT and electronic publishing. - FY2019-Q1ReframedAnnual report
「Profit declined due to higher depreciation and amortization associated with product development investment and higher costs associated with expanding services in the electronic publishing field.」
In addition to the changes in sales mix and accelerated amortization of software assets that weighed on profit in the previous fiscal year, higher depreciation and amortization associated with product development investment and higher costs associated with expanding electronic publishing services were cited as factors behind the profit decline this quarter. - FY2018First statedAnnual report
「As a result of factors including changes in the sales mix and the accelerated amortization of certain software assets, each level of consolidated operating profit and below fell short of both the previous fiscal year's results and the initial earnings forecasts.」
Despite higher revenue, changes in the sales mix and accelerated amortization of software assets clearly weighed on operating profit and each subsequent profit measure, affecting performance for the year.