Deterioration in profitability during the current period
First written in FY2016. 1 of 38 entries say "Worsened", first in 2026-05-15. Latest entry: FY2026.
The whole theme swung hardest in 2020: 11 of 50 companies on the "Worse" side.
22 other companies' latest entry also says "Other".
- FY2026Full-year results update (higher revenue, lower profit)Annual report
「As a result, for the consolidated fiscal year, the Group reported revenue of ¥5,412 million, up 4.2% year on year; operating income of ¥675 million, down 13.4%; ordinary income of ¥916 million, down 6.2%; and net income attributable to owners of the parent of ¥603 million, down 14.1%.」
For the full year, revenue increased, while operating income, ordinary income and net income attributable to owners of the parent all declined, resulting in higher revenue but lower profit. Factors cited for the decline in profit included rising prices, higher upfront investment expenses and the impairment loss at the Chinese subsidiary. - FY2026-H1Semiannual earnings update: higher revenue, lower profitAnnual report
「As a result, for the current interim consolidated accounting period, the Group reported net sales of ¥2,668 million, up 4.0% from the same interim period of the previous year, operating profit of ¥339 million, down 19.5%, ordinary profit of ¥428 million, down 17.5%, and interim net profit attributable to owners of the parent of ¥287 million, down 19.9%.」
Although net sales increased during the current interim consolidated accounting period, operating profit, ordinary profit and interim net profit attributable to owners of the parent all declined from the same interim period of the previous year. Higher manufacturing costs, depreciation and research and development expenses due to rising prices contributed to the decline in operating profit. - FY2025Recovery in full-year performanceAnnual report
「As a result, for the current consolidated fiscal year, the Group reported net sales of ¥5,194 million, up 10.5% year on year, operating profit of ¥780 million, up 19.2%, ordinary profit of ¥976 million, up 21.0%, and net profit for the year attributable to owners of the parent of ¥702 million, up 13.9%.」
Net sales, operating profit, ordinary profit and net profit for the year attributable to owners of the parent all increased from the previous fiscal year, indicating a full-year recovery from the deterioration in profitability in the previous fiscal year. - FY2025-H1Recovery in first-half performanceAnnual report
「As a result, for the current interim consolidated accounting period, the Group reported net sales of ¥2,566 million, up 9.0% from the same interim period of the previous year, operating profit of ¥421 million, up 12.3%, ordinary profit of ¥518 million, up 24.6%, and interim net profit attributable to owners of the parent of ¥358 million, up 13.6%.」
Net sales, operating profit, ordinary profit and interim net profit attributable to owners of the parent all increased from the same interim period of the previous year. Recovery from the downturn caused by the previous year's certification irregularities, semiconductor supply issues and other factors continued. - FY2024Recovery in full-year performanceAnnual report
「As a result, for the current consolidated fiscal year, the Group reported net sales of ¥4,699 million, up 21.4% from the previous fiscal year, operating profit of ¥654 million, up 154.0%, ordinary profit of ¥807 million, up 91.7%, and net profit for the year attributable to owners of the parent of ¥617 million, up 85.6%.」
Net sales, operating profit, ordinary profit and net profit for the year attributable to owners of the parent all increased year on year, indicating a full-year recovery from the deterioration in profitability in the previous year. - FY2024-Q3Recovery in third-quarter performanceAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, the Group reported net sales of ¥3,524 million, up 24.5% year on year, operating profit of ¥514 million, up 193.4%, ordinary profit of ¥607 million, up 128.2%, and quarterly net profit attributable to owners of the parent of ¥441 million, up 103.8%. Net sales, which had been sluggish because of the impact of COVID-19 and semiconductor supply issues in the previous year, recovered. Although manufacturing costs, including electricity expenses due to soaring energy prices and depreciation associated with capital investment, increased, operating profit rose year on year because of higher sales volumes and the effect of passing costs through to prices. Ordinary profit and quarterly net profit attributable to owners of the parent also increased year on year, as fluctuations in foreign exchange gains and losses and equity-method investment gains during the period had only a limited impact.」
Net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased year on year. Sales recovered from the slump caused by the previous year's COVID-19 pandemic and semiconductor supply issues, while higher sales volumes and the effect of passing costs through to prices drove an increase in operating profit despite higher costs. - FY2024-Q2Recovery in first-half performanceAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, the Group reported net sales of ¥2,354 million, up 25.4% year on year, operating profit of ¥375 million, up 158.2%, ordinary profit of ¥416 million, up 130.3%, and quarterly net profit attributable to owners of the parent of ¥315 million, up 122.0%. Net sales, which had been sluggish because of the impact of COVID-19 and semiconductor supply issues in the previous year, had almost recovered.」
Net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased year on year. The company explained that sales had almost recovered from the slump caused by the previous year's pandemic and semiconductor supply issues. - FY2024-Q1Quarterly Results UpdateAnnual report
「As a result, for the first quarter of the current consolidated fiscal year, the Group reported net sales of ¥1,121 million, up 21.6% year on year, operating profit of ¥177 million, up 127.3%, ordinary profit of ¥196 million, up 96.7%, and quarterly net profit attributable to owners of the parent of ¥145 million, up 140.4%.」
Net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased year on year. Net sales recovered from the impact of COVID-19, and the increase in net sales absorbed the rise in manufacturing costs. - FY2023Update to Full-Year ResultsAnnual report
「As a result, for the current consolidated fiscal year, the Group reported net sales of ¥3,869 million, up 5.5% year on year, operating profit of ¥257 million, down 42.5%, ordinary profit of ¥421 million, down 43.3%, and net profit for the year attributable to owners of the parent of ¥332 million, down 42.3%.」
For the full year, sales increased, while operating profit, ordinary profit and net profit for the year attributable to owners of the parent all declined substantially year on year. - FY2023-Q3Quarterly Results UpdateAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, the Group reported net sales of ¥2,830 million, up 0.7% year on year, operating profit of ¥175 million, down 55.7%, ordinary profit of ¥265 million, down 54.8%, and quarterly net profit attributable to owners of the parent of ¥216 million, down 55.8%.」
For the cumulative third quarter, net sales increased 0.7% year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all declined by approximately 55%. The factors contributing to lower profit were higher depreciation associated with capital investment, increased raw material and energy costs, and delays in passing costs through to prices. - FY2023-Q2Interim Results UpdateAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, the Group reported net sales of ¥1,878 million, down 0.8% year on year, operating profit of ¥145 million, down 52.3%, ordinary profit of ¥180 million, down 57.1%, and quarterly net profit attributable to owners of the parent of ¥142 million, down 57.0%.」
Net sales decreased 0.8% year on year, operating profit decreased 52.3%, ordinary profit decreased 57.1% and quarterly net profit attributable to owners of the parent decreased 57.0%, resulting in lower sales and lower profit than in the same period of the previous year. - FY2023-Q1Quarterly Results UpdateAnnual report
「As a result, for the first quarter of the current consolidated fiscal year, the Group reported net sales of ¥922 million, up 1.1% year on year, operating profit of ¥78 million, down 43.3%, ordinary profit of ¥100 million, down 46.6%, and quarterly net profit attributable to owners of the parent of ¥60 million, down 53.2%.」
While net sales increased year on year, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all declined substantially. The factors contributing to lower profit were increased manufacturing costs, which exceeded some cost reductions from improved productivity, and lower equity-method investment gains. - FY2022Update to Full-Year ResultsAnnual report
「As a result, for the current consolidated fiscal year, the Group reported net sales of ¥3,666 million, down 0.9% from the previous consolidated fiscal year, ordinary profit of ¥741 million, up 1.2%, and net profit for the year attributable to owners of the parent of ¥575 million, up 27.2%.」
For the fiscal year ended June 2022, operating profit decreased 0.9% year on year, while ordinary profit increased 1.2% and net profit for the year attributable to owners of the parent increased 27.2%. - FY2022-Q3Quarterly Results UpdateAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, from 1 July 2021 to 31 March 2022, the Group reported net sales of ¥2,810 million, operating profit of ¥395 million, up 14.7% year on year, ordinary profit of ¥588 million, up 4.7%, and quarterly net profit attributable to owners of the parent of ¥489 million, up 19.3%.」
For the cumulative third quarter, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent increased year on year. Because of the application of the revenue recognition accounting standard, changes and rates of change in net sales from the same period of the previous year are not presented. - FY2022-Q2Interim Results UpdateAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, the Group reported net sales of ¥1,894 million, operating profit of ¥304 million, up 77.5% year on year, ordinary profit of ¥421 million, up 48.4%, and quarterly net profit attributable to owners of the parent of ¥331 million, up 64.9%.」
For the cumulative second quarter, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent increased year on year. Year-on-year comparisons for net sales are not presented because of the application of the revenue recognition accounting standard. - FY2022-Q1Quarterly Results UpdateAnnual report
「As a result, for the first quarter of the current consolidated fiscal year, the Group reported net sales of ¥912 million, operating profit of ¥137 million, up 487.3% year on year, ordinary profit of ¥187 million, up 379.7%, and quarterly net profit attributable to owners of the parent of ¥129 million, up 1,729.9%.」
For the cumulative first quarter, operating profit was ¥137 million, ordinary profit was ¥187 million and quarterly net profit attributable to owners of the parent was ¥129 million, all showing substantial year-on-year increases. The factors contributing to higher profit were the recovery in net sales from the impact of COVID-19 in the same period of the previous year, and increases in foreign exchange gains and losses and equity-method investment gains. Year-on-year comparisons for net sales are not presented because of the application of the revenue recognition accounting standard. - FY2021-Q3Quarterly Results UpdateAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, the Group reported net sales of ¥4,750 million, up 5.5% year on year, operating profit of ¥345 million, up 42.9%, ordinary profit of ¥561 million, up 76.7%, and quarterly net profit attributable to owners of the parent of ¥410 million, up 64.3%.」
For the cumulative third quarter, net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased year on year. The factors contributing to higher profit were increased sales, lower manufacturing costs, higher subsidy income and increased equity-method investment gains. - FY2021-Q2Interim Results UpdateAnnual report
「As a result, for the six-month period under review, the Group reported revenue of ¥3,053 million, up 1.8% year on year; operating profit of ¥171 million, down 6.5%; ordinary profit of ¥284 million, up 11.9%; and net income attributable to owners of the parent of ¥200 million, up 5.6%.」
For the six-month period, revenue increased, as did ordinary profit and net income attributable to owners of the parent, while operating profit declined. Changes in the product sales mix and other factors affected operating profit, while increased subsidy income and equity in earnings of affiliates contributed to ordinary profit and net income. - FY2021-Q1Quarterly Results UpdateAnnual report
「As a result, for the first quarter of the fiscal year under review, the Group reported revenue of ¥1,374 million, down 7.1% year on year; operating profit of ¥23 million, down 71.0%; ordinary profit of ¥39 million, down 66.1%; and net income attributable to owners of the parent of ¥7 million, down 91.1%.」
For the first quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year. Factors behind the decline in profit included lower sales to the optical equipment industry due to COVID-19, foreign exchange gains or losses, and lower equity in earnings of affiliates. - FY2020Update to Full-Year ResultsAnnual report
「As a result, revenue for the fiscal year was ¥5,644 million, up 1.7% from the previous fiscal year; operating profit was ¥204 million, down 43.4%; ordinary profit was ¥343 million, down 43.1%; and net income attributable to owners of the parent was ¥261 million, down 48.2%.」
For the full year, revenue increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined substantially year on year, resulting in higher revenue but lower profit. - FY2020-Q3Quarterly Results UpdateAnnual report
「As a result, for the nine-month period under review, the Group reported revenue of ¥4,502 million, up 10.4% year on year; operating profit of ¥241 million, down 17.7%; ordinary profit of ¥317 million, down 37.4%; and net income attributable to owners of the parent of ¥250 million, down 41.5%.」
For the nine-month period, revenue increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, resulting in higher revenue but lower profit. Changes in the product sales mix affected operating profit, while foreign exchange gains or losses, non-operating income and lower equity in earnings of affiliates affected ordinary profit and net income. - FY2020-Q2Interim Results UpdateAnnual report
「As a result, for the six-month period under review, the Group reported revenue of ¥2,999 million, up 11.2% year on year; operating profit of ¥183 million, down 13.3%; ordinary profit of ¥254 million, down 28.0%; and net income attributable to owners of the parent of ¥190 million, down 38.9%.」
For the six-month period, revenue increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, resulting in higher revenue but lower profit. Changes in the product sales mix were cited as a factor behind the decline in operating profit, while lower non-operating income and equity in earnings of affiliates were cited as factors behind the declines in ordinary profit and net income. - FY2020-Q1Quarterly Results UpdateAnnual report
「As a result, for the first quarter of the fiscal year under review, the Group reported revenue of ¥1,479 million, up 11.5% year on year; operating profit of ¥81 million, down 25.5%; ordinary profit of ¥115 million, down 44.9%; and net income attributable to owners of the parent of ¥79 million, down 48.5%.」
For the first quarter, revenue increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, resulting in higher revenue but lower profit. Changes in the product sales mix were cited as a factor behind the decline in operating profit, while foreign exchange gains or losses and lower equity in earnings of affiliates were cited as factors behind the declines in ordinary profit and net income. - FY2019Update to Full-Year ResultsAnnual report
「As a result, revenue for the fiscal year was ¥5,549 million, up 1.6% from the previous fiscal year; operating profit was ¥361 million, down 37.9%; ordinary profit was ¥603 million, down 22.9%; and net income attributable to owners of the parent was ¥505 million, down 13.4%.」
For the full year, revenue increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, resulting in higher revenue but lower profit. - FY2019-Q3Quarterly Results UpdateAnnual report
「As a result, for the nine-month period under review, the Group reported revenue of ¥4,078 million, down 1.7% year on year; operating profit of ¥293 million, down 37.0%; ordinary profit of ¥508 million, down 16.6%; and net income attributable to owners of the parent of ¥427 million, down 5.4%.」
For the nine-month period, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year. Changes in the product sales mix and other factors affected operating profit, while foreign exchange gains and equity in earnings of affiliates contributed to ordinary profit and net income. - FY2019-Q2Interim Results UpdateAnnual report
「As a result, for the six-month period under review, the Group reported revenue of ¥2,696 million, down 1.9% year on year; operating profit of ¥211 million, down 34.9%; ordinary profit of ¥352 million, down 21.0%; and net income attributable to owners of the parent of ¥311 million, down 6.3%.」
For the six-month period, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year. Changes in the product sales mix and other factors were cited as reasons for the decline in operating profit. - FY2019-Q1Quarterly Results UpdateAnnual report
「As a result, for the first quarter of the fiscal year under review, the Group reported revenue of ¥1,326 million, up 2.0% year on year; operating profit of ¥108 million, down 19.8%; ordinary profit of ¥209 million, up 7.3%; and net income attributable to owners of the parent of ¥155 million, up 14.0%.」
For the first quarter, revenue, ordinary profit and net income attributable to owners of the parent increased year on year, while operating profit declined. The change in the product sales mix was cited as a factor behind the decline in operating profit, while foreign exchange gains and equity in earnings of affiliates contributed to ordinary profit and net income. - FY2018-Q3Quarterly Results UpdateAnnual report
「As a result, for the nine-month period under review, the Group reported revenue of ¥4,147 million, up 13.4% year on year; operating profit of ¥465 million, up 83.7%; ordinary profit of ¥609 million, up 60.3%; and net income attributable to owners of the parent of ¥451 million, up 79.5%.」
For the nine-month period, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year. - FY2018-Q2Interim Results UpdateAnnual report
「As a result, for the six-month period under review, the Group reported revenue of ¥2,748 million, up 15.3% year on year; operating profit of ¥325 million, up 131.9%; ordinary profit of ¥447 million, up 78.3%; and net income attributable to owners of the parent of ¥332 million, up 112.0%.」
For the six-month period, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year. - FY2018-Q1Quarterly Results UpdateAnnual report
「As a result, for the first quarter of the fiscal year under review, the Group reported revenue of ¥1,300 million, up 11.3% year on year; operating profit of ¥135 million, up 127.6%; ordinary profit of ¥195 million, up 367.8%; and net income attributable to owners of the parent of ¥136 million, compared with ¥9 million in the same quarter of the previous fiscal year.」
For the first quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, indicating improved performance from the first quarter of the previous fiscal year. - FY2017Update to Full-Year ResultsAnnual report
「As a result, revenue for the fiscal year was ¥4,912 million, up 7.6% from the previous fiscal year; operating profit was ¥334 million, up 76.1%; ordinary profit was ¥510 million, up 494.7%; and net income attributable to owners of the parent was ¥361 million, up 560.4%.」
For the full year, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, representing a recovery from the previous period's deterioration in profitability. - FY2017-Q3Quarterly Results UpdateAnnual report
「As a result, for the nine-month period under review, the Group reported revenue of ¥3,657 million, up 5.8% year on year; operating profit of ¥253 million, up 52.8%; ordinary profit of ¥380 million, up 187.9%; and net income attributable to owners of the parent of ¥251 million, up 191.4%.」
For the nine-month period, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year. Foreign exchange gains of ¥82 million also contributed to the increases in ordinary profit and net income. - FY2017-Q2Quarterly Results UpdateAnnual report
「As a result, for the six-month period under review, the Group reported revenue of ¥2,384 million, up 3.6% year on year; operating profit of ¥140 million, up 33.1%; ordinary profit of ¥250 million, up 160.3%; and net income attributable to owners of the parent of ¥156 million, up 144.8%.」
Revenue and operating profit increased year on year, while ordinary profit and net income attributable to owners of the parent also rose substantially. Foreign exchange gains of ¥84 million were one factor behind the increase in profit. - FY2017-Q1Quarterly Results UpdateAnnual report
「As a result, for the first quarter of the fiscal year under review, the Group reported revenue of ¥1,168 million, down 0.5% year on year; operating profit of ¥59 million, down 12.5%; ordinary profit of ¥41 million, up 110.8%; and net income attributable to owners of the parent of ¥9 million, up 222.7%.」
Revenue and operating profit declined year on year, while ordinary profit and net income attributable to owners of the parent increased. Rather than simply continuing the previous period's deterioration in profitability, the results were mixed and represented an update for the quarter. - FY2016First statedAnnual report
「As a result, revenue for the fiscal year was ¥4,565 million, down 5.7% from the previous fiscal year; operating profit was ¥190 million, down 28.9%; ordinary profit was ¥85 million, down 84.4%; and net income attributable to owners of the parent was ¥54 million, down 83.6%.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, with particularly steep declines in ordinary profit and net income.