Operating profit forecast missed due to higher personnel and R&D expenses
First written in FY2019-Q2. 6 of 18 entries say "Advanced", first in FY2022-Q3. Latest entry: 2026-08-07.
0 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedFinancial Results Presentation
「The results exceeded the revised forecast announced in May in both sales and profit.」
Despite higher expenses, including personnel costs, results for the fiscal year ending June 2026 exceeded the revised forecast in both sales and profit. - FY2026-H1Higher SG&A expenses, including personnel costsAnnual report
「SG&A expenses increased due to factors including higher personnel expenses.」
SG&A expenses increased mainly due to higher personnel expenses and other factors. This describes a phase in which total expenses are increasing, compared with the decline in the SG&A ratio reported in the previous filing. - FY2025-H1SG&A ratio declined despite higher personnel expensesAnnual report
「SG&A expenses increased mainly due to higher personnel expenses, but the SG&A ratio declined.」
Although personnel expenses increased, the SG&A ratio declined. The situation has changed from one in which higher expenses, including personnel expenses, through the previous year affected profit forecasts to one in which the expense ratio is declining as sales expand. - FY2024-Q3AdvancedAnnual report
「SG&A expenses remained at roughly the previous year’s level as the company advanced cost optimization and progressed steadily against its full-year plan. As a result, operating profit was ¥1,496 million, up 31.7% year on year; ordinary profit was ¥1,503 million, up 29.9%; and quarterly net income was ¥1,027 million, up 31.6%.」
Through cost optimization, selling, general and administrative expenses were held at approximately the same level as in the year-earlier period, while operating profit came to ¥1,496 million, up 31.7% year on year. Despite pursuing investments that increase SG&A expenses, progress on profit is in line with the full-year plan. - FY2024-Q1Higher SG&A expenses; progress in line with planAnnual report
「Selling, general and administrative expenses increased due to investments in human capital and improvements to the office environment, but the company optimized costs and progressed in line with the plan.」
The company explained that SG&A expenses increased due to investments in human capital and improvements to the office environment, but that it optimized costs and progressed in line with the plan. - FY2023AdvancedAnnual report
「For the fiscal year, revenue was ¥13,374 million (up 16.4% year on year), operating profit was ¥1,556 million (up 2.4%), ordinary profit was ¥1,603 million (up 3.0%), and net profit was ¥1,165 million (up 10.4%). Revenue and net profit reached record highs, while operating profit reached its highest level in the past 20 years.」
Revenue, operating profit, ordinary profit, and net income all increased, with operating profit reaching its highest level in the past 20 years. The results show tangible profit growth. - FY2023-Q3AdvancedAnnual report
「Operating profit was ¥1,136 million, up 20.4% year on year, due mainly to higher revenue from hardware sales and system development. As a result, ordinary profit was ¥1,157 million, up 19.9%, and quarterly net income was ¥780 million, up 18.5%.」
Operating profit for the cumulative third quarter was ¥1,136 million, up 20.4% year on year. Higher revenue from hardware sales and system development was cited as a factor behind the increase in profit. - FY2023-Q2AdvancedAnnual report
「Operating profit was ¥803 million, up 67.8% year on year, due mainly to higher revenue from hardware sales and system development. As a result, ordinary profit was ¥824 million, up 64.9%, and quarterly net income was ¥558 million, up 65.1%.」
Operating profit for the cumulative second quarter was ¥803 million, up 67.8% year on year. The increase in revenue drove progress in earnings. - FY2022AdvancedAnnual report
「For the fiscal year, revenue was ¥11,493 million, up 2.7% year on year; operating profit was ¥1,519 million, up 34.4%; ordinary profit was ¥1,556 million, up 32.9%; and net income was ¥1,055 million, up 25.5%.」
While revenue growth was limited to 2.7% year on year, operating profit increased 34.4% to ¥1,519 million, indicating progress in profit growth. The operating margin also increased from 10.1% to 13.2%. - FY2022-Q3AdvancedAnnual report
「Operating profit growth for the cumulative period was 39.1% (previous fiscal year: ¥678 million; current fiscal year: ¥943 million).」
Operating profit for the cumulative third quarter increased from ¥678 million to ¥943 million, representing year-on-year growth of 39.1%. Profit increased through improved profitability despite the decline in revenue. - FY2022-Q2Operating profit increased despite lower revenueAnnual report
「Operating profit exceeded the previous fiscal year’s result. Operating profit for the second quarter increased 29.8% year on year, from ¥271 million to ¥352 million, while operating profit for the cumulative second quarter rose 18.0%, from ¥405 million to ¥478 million.」
Despite lower revenue, operating profit for the cumulative second quarter increased from ¥405 million to ¥478 million. The return to profitability in cloud services and growth in development for new customers and sales of the company’s products supported earnings. - FY2022-Q1Operating profit below the previous year’s levelAnnual report
「Operating profit was slightly below the previous fiscal year’s result. Revenue declined from the previous fiscal year and SG&A expenses increased, but results were nearly in line with the previous year as system development progressed steadily and profitability in maintenance and cloud services improved.」
Although lower revenue and higher SG&A expenses caused operating profit to fall below the year-earlier period, the decline in profit was limited due to steady system development and improved profitability in maintenance and cloud services. - FY2021Operating profit fell short of the forecast but exceeded the previous yearAnnual report
「Operating profit was ¥1,130 million, slightly below the initial forecast of ¥1,150 million but 9.1% above the previous fiscal year’s result of ¥1,036 million.」
Full-year operating profit fell ¥20 million short of the initial forecast but exceeded the previous fiscal year’s result by 9.1%. The company explained that temporary cost increases in the cloud services business during the first quarter were among the factors. - FY2020RestatedAnnual report
「Operating profit was ¥1,036 million, exceeding the initial forecast of ¥1,000 million and 12.5% above the previous fiscal year’s result of ¥921 million.」
Despite higher SG&A expenses due to personnel expenses and other factors, full-year operating profit exceeded both the initial forecast and the previous fiscal year’s result. - FY2020-Q2Operating profit exceeded the forecast despite higher SG&A expensesAnnual report
「Revenue was slightly below the original forecast of ¥5,000 million, but the business generally progressed as planned. Selling, general and administrative expenses increased from the year-earlier quarter, mainly due to higher personnel expenses, but operating profit was ¥368 million, exceeding the original forecast of ¥360 million.」
Although SG&A expenses increased due to higher personnel expenses and other factors, operating profit was ¥368 million, exceeding the original forecast of ¥360 million. Revenue was slightly below the original forecast. - FY2020-Q1Operating income increased despite higher SG&A expensesAnnual report
「Selling, general and administrative expenses increased due to higher personnel expenses and the expansion of office space, but operating profit exceeded the previous year’s result as software development progressed steadily and the cloud services business improved its earnings through revenue growth.」
Although higher personnel expenses and expanded office space increased SG&A expenses, operating profit exceeded the year-earlier period due to steady software development and improved profitability in the cloud services business. - FY2019Full-year operating profit exceeded the forecastAnnual report
「There were no unprofitable development projects in the current period. Meanwhile, FEP systems development projects progressed steadily and sales of the Company's proprietary packaged software NET+1 (Net Plus One) increased, resulting in operating profit of ¥921 million, above the initial plan of ¥880 million.」
Although operating profit fell short of the forecast for the cumulative second quarter due to increases in personnel expenses and research and development expenses, full-year operating profit was ¥921 million, exceeding the original plan of ¥880 million. - FY2019-Q2First statedAnnual report
「The earnings forecast disclosed on 1 August 2018 for the cumulative second quarter of the current fiscal year was revenue of ¥4,700 million and operating profit of ¥320 million. Revenue came in above the forecast at ¥5,039 million, but operating profit was ¥269 million, below the forecast, mainly due to increases in personnel expenses and research and development expenses.」
For the cumulative second quarter, revenue exceeded the forecast by ¥339 million, while operating profit fell ¥51 million short of the forecast. The company cited increases in personnel expenses and research and development expenses as the main factors.