Decline in net sales and operating income, and recovery in net income
First written in FY2016. 1 of 37 entries say "Cited as achieved", first in 2026-04-17. Latest entry: FY2026.
The whole theme swung hardest in 2018: 2 of 11 companies on the "Worse" side.
6 other companies' latest entry also says "Other".
- FY2026Full-year revenue decline; operating profit and net income increasedAnnual report
「Revenue decreased by ¥284 million from the previous consolidated fiscal year to ¥3,813 million, down 6.9% from the previous fiscal year. As a result, operating income was ¥170 million, compared with operating income of ¥126 million in the same period of the previous year. Net income attributable to owners of the parent was ¥142 million, up 251.1% from the previous fiscal year.」
Although full-year revenue decreased 6.9%, operating income increased to ¥170 million and net income attributable to owners of the parent increased to ¥142 million due to reductions in selling, general and administrative expenses. - 2026-04-17Cited as achievedRevisions to earnings forecasts
「Actual results (B) 3,813 170 200 142 17.86」
Actual results for the fiscal year ended March 2026 were net sales of ¥3,813 million, operating income of ¥170 million, ordinary income of ¥200 million, and net income attributable to owners of the parent of ¥142 million. Compared with the same period of the previous year, net sales declined while each profit measure increased. - FY2026-H1Interim revenue down; operating loss; interim net income downAnnual report
「Consolidated revenue for the interim consolidated accounting period was ¥1,855 million, down 10.8% year on year. The Company posted an operating loss of ¥21 million, compared with operating income of ¥55 million in the same period of the previous year, and an ordinary loss of ¥15 million, compared with ordinary income of ¥55 million. Interim net income attributable to owners of the parent was ¥15 million, down 12.4% year on year.」
Interim revenue decreased, while operating and ordinary income turned from profits in the same period of the previous year into losses. Interim net income also decreased 12.4% year on year. - FY2025-H1Lower interim net sales, return to operating and net profitabilityAnnual report
「Consolidated revenue for the interim consolidated accounting period was ¥2,079 million, down 6.1% year on year. Although revenue declined, decreases in advertising, sales promotion, and research and development expenses resulted in operating income of ¥55 million, compared with an operating loss of ¥92 million in the same period of the previous year. Foreign exchange losses, dividends received and other factors resulted in ordinary income of ¥55 million, compared with an ordinary loss of ¥87 million. In addition, the recognition of extraordinary income of ¥12 million from the transfer of investment securities resulted in interim net income attributable to owners of the parent of ¥18 million, compared with an interim net loss attributable to owners of the parent of ¥140 million in the same period of the previous year.」
Although interim revenue decreased, operating and ordinary income turned from losses in the same period of the previous year into income, and interim net income attributable to owners of the parent also turned profitable. - FY2025-Q1Revenue slightly down; operating and net income turned profitableAnnual report
「Consolidated revenue for the cumulative first quarter was ¥1,062 million, down 1.0% year on year. Although revenue declined, decreases in advertising, sales promotion, and research and development expenses resulted in operating income of ¥1 million, compared with an operating loss of ¥23 million in the same period of the previous year. Foreign exchange gains, dividends received and other factors resulted in ordinary income of ¥24 million, compared with an ordinary loss of ¥27 million. Net income attributable to owners of the parent was ¥13 million, compared with a quarterly net loss attributable to owners of the parent of ¥43 million in the same period of the previous year.」
Although revenue decreased 1.0% year on year, operating income, ordinary income and quarterly net income attributable to owners of the parent all turned from losses in the same period of the previous year into income. - FY2024-Q3Slight increase in net sales, lower operating income, shift to a net lossAnnual report
「Consolidated net sales for the first nine months of the current consolidated cumulative period were ¥3,500 million, up 0.6% year on year. Despite higher net sales, increases in inventory write-downs, advertising, communication, travel and transportation, and depreciation expenses, as well as a loss on cancellation of insurance policies, resulted in operating income of ¥94 million, compared with ¥242 million in the same period of the previous year, and ordinary income of ¥101 million, compared with ¥273 million. In addition, the absence of the ¥263 million gain on the sale of investment securities recorded in the same period of the previous year resulted in a quarterly net loss attributable to owners of the parent of ¥16 million, compared with quarterly net income attributable to owners of the parent of ¥334 million.」
Although revenue increased slightly, operating and ordinary income were below the same period of the previous year, and the Company posted a quarterly net loss partly because the gain on the sale of investment securities recorded in the same period of the previous year was no longer recognized. - FY2024-Q2Higher net sales, shift to an operating lossAnnual report
「Consolidated revenue for the cumulative second quarter was ¥2,213 million, up 1.9% year on year. Although revenue increased, increases in inventory write-downs, advertising, communications, research and development, and sales promotion expenses, as well as the occurrence of losses on cancellation of insurance policies, resulted in an operating loss of ¥92 million, compared with operating income of ¥33 million in the same period of the previous year, and an ordinary loss of ¥87 million, compared with ordinary income of ¥65 million.」
Although first-half revenue increased, operating and ordinary income turned from income in the same period of the previous year into losses. - FY2024-Q1Higher net sales, shift to an operating lossAnnual report
「Consolidated revenue for the cumulative first quarter was ¥1,073 million, up 3.7% year on year. Although revenue increased, the decline in the gross profit margin, increases in sales promotion, advertising, personnel and research and development expenses, and the occurrence of losses on cancellation of insurance policies resulted in an operating loss of ¥23 million, compared with operating income of ¥24 million in the same period of the previous year, and an ordinary loss of ¥27 million, compared with ordinary income of ¥43 million. In addition, the absence of the ¥263 million gain on the sale of investment securities recognized in the same period of the previous year resulted in a quarterly net loss attributable to owners of the parent of ¥43 million, compared with quarterly net income attributable to owners of the parent of ¥198 million.」
Although revenue increased, operating and ordinary income turned into losses, and quarterly net income attributable to owners of the parent also fell into loss, partly because the gain on the sale of investment securities recorded in the same period of the previous year was no longer recognized. - FY2023Revenue and operating income down, net income upAnnual report
「Revenue for the fiscal year was ¥4,377 million, down 1.1% year on year. Although the gross profit margin improved, selling, general and administrative expenses increased by ¥131 million, or 5.2%, due mainly to increases in sales promotion and advertising expenses across the Group. As a result, operating income was ¥232 million, down 40.4%, and ordinary income was ¥265 million, down 33.7%. In addition, the recognition of extraordinary income of ¥322 million from the transfer of investment securities resulted in net income attributable to owners of the parent of ¥403 million, up 2.7%.」
Although full-year revenue, operating income and ordinary income were below the previous year, net income attributable to owners of the parent increased due to extraordinary income of ¥322 million from the transfer of investment securities. - FY2023-Q3Lower net sales and operating income, slight increase in net incomeAnnual report
「As a result of continuing operations while taking sufficient precautions to prevent the spread of COVID-19, including using online channels amid ongoing restrictions on sales activities, net sales for the first nine months of the current consolidated cumulative period were ¥3,479 million, down 1.8% year on year. See the overview of net sales by segment for details. The number of Adjuvant salons in operation was 8,082, an increase of 500 from the same period of the previous year. In terms of profit, lower net sales and higher sales promotion, advertising, and research and development expenses resulted in operating income of ¥242 million, down 48.6% year on year, and ordinary income of ¥273 million, down 43.0%. In addition, the recognition of an extraordinary gain of ¥263 million on the transfer of investment securities resulted in quarterly net income attributable to owners of the parent of ¥334 million, up 0.9% year on year.」
For the cumulative third quarter, revenue decreased 1.8% and operating income decreased 48.6%, while ordinary income decreased 43.0%. However, due to extraordinary income of ¥263 million from the transfer of investment securities, net income attributable to owners of the parent increased 0.9%. - FY2023-Q2Lower net sales and operating income, higher net incomeAnnual report
「Net sales for the first half of the current consolidated cumulative period were ¥2,171 million, down 3.4% year on year. Lower net sales and higher advertising, personnel, and research and development expenses resulted in operating income of ¥33 million, down 87.4% year on year, and ordinary income of ¥65 million, down 76.0%. In addition, the recognition of an extraordinary gain of ¥263 million on the transfer of investment securities resulted in quarterly net income attributable to owners of the parent of ¥207 million, up 20.7% year on year.」
Revenue, operating profit and ordinary profit were below the same period of the previous fiscal year, but net income attributable to owners of the parent increased 20.7% year on year due to an extraordinary gain from the sale of investment securities. - FY2023-Q1Quarterly revenue and operating profit declined; net income increasedAnnual report
「Net sales for the first quarter of the current consolidated cumulative period were ¥1,035 million, down 9.1% year on year. Although the gross profit margin improved, lower net sales and higher advertising, personnel, and research and development expenses resulted in operating income of ¥24 million, down 80.8% year on year, and ordinary income of ¥43 million, down 66.3%. In addition, the recognition of an extraordinary gain of ¥263 million on the transfer of investment securities resulted in quarterly net income attributable to owners of the parent of ¥198 million, up 130.4% year on year.」
In the first quarter, revenue, operating profit and ordinary profit were below the same period of the previous fiscal year, while net income attributable to owners of the parent was ¥198 million due to a ¥263 million gain on the sale of investment securities. - FY2022Full-year revenue decline; earnings improvedAnnual report
「Revenue was ¥4,427 million, down ¥458 million from the previous consolidated fiscal year and down 9.4% year on year. In terms of earnings, despite expenses associated with the transition to a holding company structure, operating profit was ¥390 million, up 33.3%, and ordinary profit was ¥401 million, up 23.1%, due to an improved gross profit margin and lower administrative expenses, including personnel expenses, following the exclusion of a subsidiary from consolidation.」
Revenue declined, while operating profit and ordinary profit increased due to an improved gross profit margin and lower administrative expenses following the exclusion of a subsidiary from consolidation. - FY2022-Q3Revenue decline and profit growthAnnual report
「As a result of promoting sales activities while taking sufficient precautions to prevent the spread of infection, including using online channels amid restrictions on sales activities due to the COVID-19 pandemic, revenue for the first nine months of the fiscal year was ¥3,541 million, down 5.6% year on year. In terms of earnings, despite expenses associated with the transition to a holding company structure, operating profit was ¥471 million, up 85.1%, and ordinary profit was ¥479 million, up 76.7%, due to improved gross profit resulting from higher revenue and lower administrative expenses, including personnel expenses, following the exclusion of a subsidiary from consolidation. Net income attributable to owners of the parent was ¥331 million, up 216.7%, due to the recording of an extraordinary gain of ¥40 million from the sale of land.」
For the first nine months, revenue declined 5.6% year on year, while operating profit was ¥471 million, ordinary profit was ¥479 million and quarterly net income attributable to owners of the parent was ¥331 million, with each earnings item exceeding the same period of the previous fiscal year. - FY2022-Q2First-half revenue increased; return to profitability continuedAnnual report
「As a result of promoting sales activities while taking sufficient precautions to prevent the spread of infection, including using online channels amid restrictions on sales activities due to the COVID-19 pandemic, revenue for the first six months of the fiscal year was ¥2,248 million, up 2.4% year on year. In terms of earnings, despite expenses associated with the transition to a holding company structure, operating profit was ¥266 million, compared with an operating loss of ¥0 million in the same period of the previous fiscal year, due to improved gross profit resulting from higher revenue and lower administrative expenses, including personnel expenses, following the exclusion of a subsidiary from consolidation. Ordinary profit was ¥273 million, up 3,387.4%, and quarterly net income attributable to owners of the parent was ¥172 million, compared with a quarterly net loss attributable to owners of the parent of ¥94 million.」
First-half revenue increased 2.4% year on year, and operating profit, ordinary profit and quarterly net income attributable to owners of the parent all recovered from losses or low levels in the same period of the previous fiscal year. - FY2022-Q1Quarterly revenue increased; return to profitabilityAnnual report
「Revenue for the first three months of the fiscal year was ¥1,138 million, up 4.9% year on year. In terms of earnings, operating profit was ¥126 million, compared with an operating loss of ¥7 million in the same period of the previous fiscal year, and ordinary profit was ¥129 million, compared with an ordinary loss of ¥6 million, due to higher revenue and lower general and administrative expenses, including personnel expenses. Quarterly net income attributable to owners of the parent was ¥86 million, compared with a quarterly net loss attributable to owners of the parent of ¥5 million.」
First-quarter revenue increased 4.9% year on year, and operating profit, ordinary profit and quarterly net income attributable to owners of the parent all turned from losses in the same period of the previous fiscal year into profits. - FY2021Full-year revenue increased; return to profitabilityAnnual report
「Revenue for the consolidated fiscal year was ¥4,885 million, up 4.5% year on year, reflecting the effect of launching a new hair-care brand despite lower demand for skincare products. In terms of earnings, operating profit was ¥292 million, compared with an operating loss of ¥184 million in the previous fiscal year, and ordinary profit was ¥325 million, compared with an ordinary loss of ¥157 million, due to higher revenue from the launch of new products, lower personnel and travel expenses, and lower promotional expenses resulting from the postponement of nationwide events for salons.」
Full-year revenue was ¥4,885 million, up 4.5% year on year. Operating profit was ¥292 million and ordinary profit was ¥325 million, both turning positive from operating and ordinary losses in the previous fiscal year. - FY2021-Q3Revenue increased; operating profit and ordinary profit turned positiveAnnual report
「As a result, revenue for the first nine months of the fiscal year was ¥3,752 million, up 3.7% year on year. In terms of earnings, operating profit was ¥254 million, compared with an operating loss of ¥80 million in the same period of the previous fiscal year, and ordinary profit was ¥271 million, compared with an ordinary loss of ¥53 million, due to higher revenue resulting from the launch of new products and lower personnel, travel and transportation expenses. However, net income attributable to owners of the parent was ¥104 million, compared with a quarterly net loss of ¥85 million in the same period of the previous fiscal year, due to the recording of a ¥100 million valuation loss on investment securities as an extraordinary loss in the second quarter.」
For the first nine months, revenue increased 3.7% year on year, operating profit and ordinary profit turned positive from losses in the same period of the previous fiscal year, and quarterly net income attributable to owners of the parent was ¥104 million. - FY2021-Q2Slight revenue decline; operating loss narrowed; ordinary profit turned positiveAnnual report
「Revenue for the first six months of the fiscal year was ¥2,195 million, down 0.4% year on year. In terms of earnings, improvements in gross profit due to smaller inventory valuation and disposal losses, along with lower promotional and travel expenses, resulted in an operating loss of ¥0 million, compared with an operating loss of ¥239 million in the same period of the previous fiscal year, and ordinary profit of ¥7 million, compared with an ordinary loss of ¥218 million. However, due to the recording of a ¥100 million valuation loss on investment securities as an extraordinary loss, quarterly net loss attributable to owners of the parent was ¥94 million, compared with a quarterly net loss attributable to owners of the parent of ¥200 million in the same period of the previous fiscal year.」
Revenue declined slightly, but the operating loss was nearly eliminated and ordinary profit turned positive. The ¥100 million valuation loss on investment securities resulted in a final loss of ¥94 million. - FY2021-Q1Revenue increased; losses narrowedAnnual report
「Net sales for the first quarter of the current consolidated cumulative period were ¥1,085 million, up 8.6% year on year. See the overview of net sales by segment for details. In terms of profit, higher net sales and lower selling expenses, travel expenses, and transportation expenses resulted in an operating loss of ¥7 million, compared with an operating loss of ¥170 million in the same period of the previous year; an ordinary loss of ¥6 million, compared with an ordinary loss of ¥164 million; and a quarterly net loss attributable to owners of the parent of ¥5 million, compared with a quarterly net loss attributable to owners of the parent of ¥140 million.」
Revenue increased, and operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed substantially from the same period of the previous fiscal year, but the company did not return to profitability. - FY2020Full-year revenue decline; operating loss; net lossAnnual report
「In terms of earnings, operating loss was ¥184 million, compared with operating profit of ¥169 million in the previous fiscal year. Ordinary loss was ¥157 million, compared with ordinary profit of ¥251 million, due to lower revenue, the recording of an inventory valuation loss, and higher selling, general and administrative expenses, including advertising, research and development, and personnel expenses. Net loss attributable to owners of the parent was ¥227 million, compared with net income attributable to owners of the parent of ¥25 million in the previous fiscal year, due to the impact of reversing deferred tax assets.」
Full-year revenue was ¥4,674 million, down 9.5% year on year, and operating profit, ordinary profit and net income attributable to owners of the parent all turned into losses. - FY2020-Q3Revenue decline; operating loss continuesAnnual report
「In terms of earnings, operating loss was ¥80 million, compared with operating profit of ¥287 million in the same period of the previous fiscal year. Ordinary loss was ¥53 million, compared with ordinary profit of ¥332 million, and quarterly net loss attributable to owners of the parent was ¥85 million, compared with quarterly net income attributable to owners of the parent of ¥117 million, due to lower revenue, initiatives to build the foundations for growth, and higher general and administrative expenses, including personnel expenses.」
For the first nine months, the company posted an operating loss of ¥80 million, an ordinary loss of ¥53 million and a quarterly net loss attributable to owners of the parent of ¥85 million, turning from profit to loss in each case from the same period of the previous fiscal year. - FY2020-Q2Revenue decline; operating loss continuesAnnual report
「Revenue for the first six months of the fiscal year was ¥2,205 million, down 15.2% year on year. See the overview of revenue by category for details. In terms of earnings, operating loss was ¥239 million, compared with operating profit of ¥162 million in the same period of the previous fiscal year. Ordinary loss was ¥218 million, compared with ordinary profit of ¥178 million, and quarterly net loss attributable to owners of the parent was ¥200 million, compared with quarterly net income attributable to owners of the parent of ¥103 million, due to lower revenue, initiatives to build the foundations for growth, and higher general and administrative expenses, including personnel expenses.」
Revenue for the first six months declined 15.2% year on year, and operating profit, ordinary profit and quarterly net income attributable to owners of the parent were all losses. - FY2020-Q1Revenue decline; shift to an operating loss and net lossAnnual report
「Revenue for the first nine months of the fiscal year was ¥999 million, down 22.4% year on year. See the overview of revenue by category for details. In terms of earnings, operating loss was ¥170 million, compared with operating profit of ¥52 million in the same period of the previous fiscal year. Ordinary loss was ¥164 million, compared with ordinary profit of ¥60 million, and quarterly net loss attributable to owners of the parent was ¥140 million, compared with quarterly net income attributable to owners of the parent of ¥32 million, due to lower revenue and higher general and administrative expenses, including personnel expenses.」
Revenue declined 22.4% year on year, and operating profit, ordinary profit and quarterly net income attributable to owners of the parent all turned into losses. - FY2019Slight revenue increase; sharp decline in earningsAnnual report
「As a result, revenue for the consolidated fiscal year was ¥5,163 million, up 1.3% year on year. In terms of earnings, operating profit was ¥169 million, down 66.1%, due to higher inventory management costs and promotional expenses for new products, increased packing and transportation expenses resulting from higher logistics costs, and increased selling, general and administrative expenses, including personnel expenses. Ordinary profit was ¥251 million, down 50.6%, despite the recording of ¥55 million in insurance refunds from the transfer of insurance reserves, among other transactions. Net income attributable to owners of the parent was ¥25 million, down 91.9%, due in part to the recording of a ¥47 million impairment loss on goodwill related to Exceed System Co., Ltd., a consolidated subsidiary.」
Revenue increased only 1.3%, while operating profit declined 66.1%, ordinary profit declined 50.6%, and net income attributable to owners of the parent declined 91.9%. - FY2019-Q3Slight revenue decline; sharp decline in earningsAnnual report
「Revenue for the first nine months of the fiscal year was ¥3,917 million, down 0.7% year on year, due to the impact of lower revenue at a consolidated subsidiary. In terms of earnings, operating profit was ¥287 million, down 48.7%, and ordinary profit was ¥332 million, down 41.4%, due to higher inventory management costs and promotional expenses for new products, increased packing and transportation expenses resulting from higher logistics costs, and increased selling, general and administrative expenses, including personnel expenses. Net income attributable to owners of the parent was ¥117 million, down 67.3%, due in part to the recording of a ¥47 million impairment loss on goodwill related to Exceed System Co., Ltd., a consolidated subsidiary.」
Revenue declined 0.7% year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent all declined sharply. - FY2019-Q2Slight revenue increase; sharp decline in earningsAnnual report
「Revenue for the first six months of the fiscal year was ¥2,599 million, up 1.4% year on year. In terms of earnings, operating profit was ¥162 million, down 51.7%, ordinary profit was ¥178 million, down 47.7%, and net income attributable to owners of the parent was ¥103 million, down 52.7%, due to higher selling, general and administrative expenses, including promotional expenses for new products, packing and transportation expenses resulting from higher logistics costs, and personnel expenses, as well as the impact of lower revenue at a consolidated subsidiary.」
Revenue increased only 1.4% year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent all declined sharply due to higher promotional, logistics and personnel expenses, among other factors, and lower revenue at a consolidated subsidiary. - FY2019-Q1Net sales and profit declinedAnnual report
「Revenue for the first nine months of the fiscal year was ¥1,288 million, down 3.5% year on year. In terms of earnings, operating profit was ¥52 million, down 73.6%, ordinary profit was ¥60 million, down 69.4%, and net income attributable to owners of the parent was ¥32 million, down 73.2%, due to higher selling, general and administrative expenses, including increased promotional expenses for new products, packing and transportation expenses resulting from higher logistics costs, and personnel expenses.」
In the first quarter, revenue declined 3.5% year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent all declined sharply due to higher promotional, logistics and personnel expenses, among other factors. - FY2018Record-high revenue; earnings declinedAnnual report
「As a result, revenue for the consolidated fiscal year was ¥5,097 million, up 6.8% year on year, a record high. In terms of earnings, operating profit was ¥500 million, down 3.6%, and ordinary profit was ¥509 million, down 3.6%, due to higher personnel expenses, including expenses related to hiring new graduates, increased packing and transportation expenses resulting from higher logistics costs, and increased research and development expenses. Net income attributable to owners of the parent was ¥311 million, down 5.9%, due to the elimination of tax loss carryforwards at a subsidiary in the previous fiscal year.」
Consolidated revenue reached a record high, while operating profit, ordinary profit and profit attributable to owners of the parent declined due to higher personnel, logistics and research and development expenses, among other factors. - FY2018-Q3Revenue up, profit downAnnual report
「As a result, revenue for the first nine months of the fiscal year was ¥3,943 million, up 7.1% year on year. In terms of earnings, however, operating profit was ¥561 million, down 10.1%, and ordinary profit was ¥567 million, down 10.1%, due to higher personnel expenses, including expenses related to hiring new graduates, and increased packing and transportation expenses resulting from higher logistics costs. Net income attributable to owners of the parent was ¥358 million, down 19.1%, due to the elimination of tax loss carryforwards at a subsidiary in the same period of the previous fiscal year.」
For the first nine months, revenue increased 7.1% year on year, while operating profit and ordinary profit declined 10.1% and net income attributable to owners of the parent declined 19.1%, due to higher personnel and packing and transportation expenses. - FY2018-Q2Revenue and operating profit and other earnings increased; net income edged upAnnual report
「As a result, revenue for the first six months of the fiscal year was ¥2,564 million, up 13.8% year on year. In terms of earnings, operating profit was ¥337 million, up 20.4%, and ordinary profit was ¥341 million, up 23.8%, in line with the increase in revenue. Net income attributable to owners of the parent was ¥217 million, up 0.4%, due to the elimination of tax loss carryforwards at a subsidiary in the same period of the previous fiscal year.」
For the first six months, revenue, operating profit and ordinary profit increased, and net income attributable to owners of the parent also rose 0.4% year on year. - FY2018-Q1Revenue and operating profit and other earnings increased; net income declinedAnnual report
「As a result, revenue for the first three months of the fiscal year was ¥1,334 million, up 22.8% year on year. In terms of earnings, operating profit was ¥198 million, up 20.5%, and ordinary profit was ¥198 million, up 21.0%, in line with the increase in revenue. However, net income attributable to owners of the parent was ¥123 million, down 16.4%, due to the elimination of tax loss carryforwards in the same period of the previous fiscal year.」
In the first quarter, revenue, operating profit and ordinary profit exceeded the same period of the previous fiscal year, while net income attributable to owners of the parent declined due to the elimination of tax loss carryforwards. - FY2017Full-year revenue increased; operating profit and other earnings declined; net income increasedAnnual report
「As a result, revenue for the consolidated fiscal year was ¥4,771 million, up 8.4% year on year. In terms of earnings, operating profit was ¥519 million, down 19.8%, and ordinary profit was ¥528 million, down 25.3%, due to higher personnel expenses and increased research and development expenses following the research institute's full-scale operation and the impact of insurance cancellation refunds and compensation received in the previous consolidated fiscal year. Net income attributable to owners of the parent was ¥330 million, up 24.2%, due to the gain on step acquisitions recorded when Exceed System Co., Ltd. became a consolidated subsidiary.」
Full-year revenue increased, while higher personnel and research and development expenses, among other factors, caused operating profit and ordinary profit to decline. Net income increased due to the gain on step acquisitions. - FY2017-Q3Revenue increased; operating profit and other earnings declined; net income increasedAnnual report
「As a result, revenue for the first nine months of the fiscal year was ¥3,681 million, up 7.0% year on year. In terms of earnings, operating profit was ¥624 million, down 4.8%, and ordinary profit was ¥631 million, down 12.6%, due to higher personnel expenses and increased research and development expenses following the research institute's full-scale operation. Net income attributable to owners of the parent was ¥443 million, up 2.5%, due to the gain on step acquisitions recorded when Exceed System Co., Ltd. became a consolidated subsidiary during the first nine months.」
Revenue increased 7.0% year on year, while operating profit and ordinary profit declined. Net income attributable to owners of the parent increased due to the gain on step acquisitions. - FY2017-Q2Revenue up, profit downAnnual report
「As a result, revenue for the first six months of the fiscal year was ¥2,253 million, up 3.2% year on year. In terms of earnings, operating profit was ¥280 million, down 22.4%, due to higher personnel expenses and increased research and development expenses following the research institute's full-scale operation. Ordinary profit was ¥275 million, down 35.1%, reflecting the recording of insurance cancellation refunds and compensation received in the same period of the previous fiscal year. Net income attributable to owners of the parent was ¥217 million, down 13.2%.」
Revenue increased following the conversion of Exceed System Co., Ltd. into a subsidiary, while operating profit, ordinary profit and net income attributable to owners of the parent were below the same period of the previous fiscal year. - FY2017-Q1Quarterly performance declineAnnual report
「As a result, revenue for the first nine months of the fiscal year was ¥1,086 million, down 4.5% year on year. In terms of earnings, operating profit was ¥164 million, down 20.1%, due to higher personnel expenses and increased research and development expenses following the research institute's full-scale operation. Ordinary profit was ¥163 million, down 35.3%, reflecting the recording of insurance cancellation refunds and compensation received in the same period of the previous fiscal year. Net income attributable to owners of the parent was ¥147 million, down 0.9%.」
Revenue, operating profit, ordinary profit, and profit attributable to owners of the parent were all lower than in the same period of the previous year. - FY2016First statedAnnual report
「Revenue was ¥4,401 million, down 2.3% year on year. In terms of earnings, operating profit was ¥647 million, down 11.8%, and ordinary profit was ¥707 million, down 6.9%. Net income was ¥266 million, up 465.7%, due to the impact of recording an extraordinary loss from the impairment of investment securities.」
Revenue and operating profit declined, while net income increased from the previous fiscal year.