Three consecutive periods of operating losses and impairment loss in the glass bottle business
First written in FY2021. 8 of 16 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「Segment profit or loss (△) 733」
The Glass Bottle-Related Business, where three consecutive years of operating losses and impairment losses had become apparent, recorded segment profit of ¥733 million for the year, maintaining and improving its full-year profitability. - FY2026-H1AdvancedAnnual report
「Segment profit 470」
The Glass Bottle-Related Business, where three consecutive years of operating losses had become apparent, recorded segment profit of ¥470 million for the interim period, improving from ¥369 million in the same period of the previous year. - FY2025-Q1RestatedAnnual report
「Segment profit 206」
The Glass Bottle-Related Business recorded segment profit of ¥206 million in Q1, maintaining profitability at roughly the same level as the ¥208 million recorded in the same period of the previous year. - FY2024MitigatedAnnual report
「Segment profit 1,118」
The Glass Bottle-Related Business, where three consecutive years of operating losses and impairment losses had become apparent, recorded segment profit of ¥1,118 million for the year, returning to profitability on a full-year basis. - FY2024-Q3MitigatedAnnual report
「Segment profit 970」
The Glass Bottle-Related Business, which had been reported as having three consecutive years of operating losses, recorded segment profit of ¥970 million for the nine months ended Q3, returning to profitability and improving from a loss of ¥506 million in the same period of the previous year. - FY2024-Q2MitigatedAnnual report
「Segment profit 551」
The Glass Bottle-Related Business, which had been reported as having three consecutive years of operating losses, recorded segment profit of ¥551 million for the six months ended Q2, returning to profitability from a loss of ¥350 million in the same period of the previous year. - FY2024-Q1MitigatedAnnual report
「Segment profit 208」
The Glass Bottle-Related Business, which had been reported as having three consecutive years of operating losses, recorded segment profit of ¥208 million in Q1, returning to profitability from a loss of ¥137 million in the same period of the previous year. - FY2023-Q3WorsenedAnnual report
「Segment profit or loss (△) △ 506」
The Glass Bottle-Related Business recorded a segment loss of ¥506 million for the nine months ended Q3, returning to a loss from profit of ¥66 million in the same period of the previous year, with the loss also widening. - FY2023-Q2WorsenedAnnual report
「Segment profit or loss (△) △ 350」
The Glass Bottle-Related Business, which had experienced three consecutive years of operating losses, recorded a segment loss of ¥350 million for the six months ended Q2. The loss widened from ¥3 million in the same period of the previous year and ¥137 million in Q1. - FY2023-Q1WorsenedAnnual report
「Segment profit or loss (△) △ 137」
The Glass Bottle-Related Business, which had been reported as having three consecutive years of operating losses through the previous fiscal year, recorded a segment loss of ¥137 million in Q1. It returned to a loss from segment profit of ¥1 million in the same period of the previous year. - FY2022-Q3MitigatedAnnual report
「Segment profit or loss (△) 66」
The Glass Bottle-Related Business, which had been reported as having three consecutive years of operating losses through the previous fiscal year, recorded segment profit of ¥66 million for the nine months ended Q3, improving from a segment loss of ¥1,083 million in the same period of the previous year. This does not state that the risk of a full-year loss has been eliminated. - FY2022-Q2MitigatedAnnual report
「<Glass Bottle-Related Business> Net sales were ¥6,627 million, up 4.7% year on year, mainly due to increased demand for non-alcoholic beverage bottles for restaurants and other factors. Segment profit or loss (△) △ 3」
The Glass Bottle-Related Business still posted a segment loss of ¥3 million for the six months ended Q2, but the loss narrowed substantially from ¥984 million in the same period of the previous year, numerically easing the risk of a third consecutive year of operating losses. - FY2022-Q1The glass bottle business turned profitable in the quarterAnnual report
「Glass bottle sales were ¥3,437 million, up 13.0% year on year, due to increased demand for non-alcoholic beverage bottles for restaurants, as well as increased shipments of sake bottles and food and seasoning bottles. Segment profit or loss (△) 1 △ 416」
The glass bottle-related business, which had recorded operating losses for 3 consecutive periods through the previous fiscal year, generated segment profit of ¥1 million in the first quarter, turning profitable on a quarterly basis from a segment loss of ¥416 million in the same quarter of the previous year. This does not state that the risk of a full-year loss has been eliminated. - FY2021MaterialisedAnnual report
「In this environment, although the Company implemented various business rationalization measures, the business recorded an operating loss for the third consecutive period. During the consolidated fiscal year, the Company recorded an impairment loss of ¥3,648 million for the glass bottle-related business.」
The decline in demand for the glass bottle business and the impact of the pandemic materialized as operating losses for the third consecutive period and an impairment loss of ¥3,648 million.