First-year loss due to the weak yen, organizational restructuring costs and other factors
First written in FY2023-Q3. . Latest entry: 2026-08-14.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Full-year operating profit, ordinary profit and net income attributable to owners of the parent all increasedAnnual report
「As a result, operating profit increased by ¥275 million from the previous consolidated fiscal year to ¥549 million. Ordinary profit increased by ¥329 million to ¥656 million. Consequently, net income attributable to owners of the parent increased by ¥170 million to ¥346 million.」
In fiscal 2025, operating profit was ¥549 million, ordinary profit was ¥656 million and net income attributable to owners of the parent was ¥346 million, with all three increasing from the previous fiscal year. - FY2026-H1Changed to operating profit and interim net income in the first halfAnnual report
「In terms of earnings, although costs associated with investment in human capital to achieve the medium- to long-term management strategy increased, in addition to higher material costs resulting from geopolitical risks and higher procurement prices for imported products owing to yen depreciation, the company posted operating profit of ¥181 million, compared with a loss of ¥21 million in the same period of the previous year, owing to higher sales and price revisions for some products.」
The company changed from an operating loss of ¥21 million in the same period of the previous year to operating profit of ¥181 million, while interim net income attributable to owners of the parent was ¥127 million, compared with a loss of ¥43 million. - FY2025-H1Changed to an operating loss and interim net loss attributable to owners of the parent in the first halfAnnual report
「In terms of earnings, the company posted an operating loss of ¥21 million, compared with profit of ¥24 million in the same period of the previous year, as procurement prices for imported products rose owing to higher material costs resulting from geopolitical risks and the impact of yen depreciation, and costs associated with investment in human capital to achieve its medium- to long-term management strategy increased. ...As a result, interim net loss attributable to owners of the parent was ¥43 million, compared with profit of ¥20 million.」
The company changed from operating profit and interim net income attributable to owners of the parent in the same period of the previous year to an operating loss of ¥21 million and interim net loss attributable to owners of the parent of ¥43 million in the current interim consolidated accounting period. Higher procurement prices and increased human capital investment costs are cited as factors. - FY2024-Q3Returned to profitability and expanded earnings over the nine-month cumulative periodAnnual report
「As a result, net income attributable to owners of the parent was ¥62 million, compared with a loss of ¥117 million in the same period of the previous year.」
The company changed from operating, ordinary and net losses attributable to owners of the parent in the same period of the previous year to operating profit of ¥93 million, ordinary profit of ¥145 million and net income attributable to owners of the parent of ¥62 million for the cumulative third quarter, returning to profitability. - FY2024-Q2Returned to profitability in the first halfAnnual report
「In terms of earnings, although the company used foreign exchange forwards to hedge currency risk, procurement prices for some products and other items rose owing to rapid yen depreciation, while costs associated with investment in human capital to achieve its medium- to long-term management strategy also increased. As a result, operating profit was ¥24 million, compared with a loss of ¥42 million in the same period of the previous year, and ordinary profit was ¥58 million, compared with a loss of ¥39 million. Consequently, net income attributable to owners of the parent was ¥20 million, compared with a loss of ¥80 million.」
The company changed from operating profit, ordinary profit and net income attributable to owners of the parent in the same period of the previous year to operating profit of ¥24 million, ordinary profit of ¥58 million and net income attributable to owners of the parent of ¥20 million for the cumulative second quarter, returning to profitability. - FY2024-Q1Quarterly loss, but narrower lossAnnual report
「In terms of earnings, the company posted an operating loss of ¥9 million, compared with a loss of ¥18 million in the same period of the previous year, and an ordinary loss of ¥5 million, compared with a loss of ¥19 million, as costs associated with investment in human capital to achieve its medium- to long-term management strategy increased. As a result, net loss attributable to owners of the parent was ¥11 million, compared with a loss of ¥57 million.」
The company posted operating, ordinary and net losses in the first quarter owing to increased human capital investment costs, but the losses narrowed year on year. - FY2023The company returned to profitability for the full year, but the level of profit declinedAnnual report
「Operating profit was ¥115 million, compared with profit of ¥441 million in the previous fiscal year, and ordinary profit was ¥127 million, compared with profit of ¥439 million.」
While the company moved from operating and ordinary losses for the cumulative third quarter to full-year operating profit of ¥115 million and ordinary profit of ¥127 million, profit declined substantially year on year. - FY2023-Q3First statedAnnual report
「Gross profit declined as the cost-of-sales ratio rose owing to rapid yen depreciation. In addition to costs associated with strengthening human capital for business expansion, the company recorded ¥20 million in costs associated with a capital and business alliance and ¥46 million in various reorganisation costs, including the settlement of restricted shares. As a result, it posted an operating loss of ¥69 million, compared with profit of ¥275 million in the same period of the previous year, and an ordinary loss of ¥32 million, compared with profit of ¥269 million.」
Yen depreciation, human capital investment, capital and business alliance costs, and reorganisation costs are cited as factors behind the loss for the cumulative third quarter.