Operating Profit and Ordinary Profit Reach New Record Highs
First written in FY2016. 10 of 27 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Nozawa moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 15 of 94 companies on the "Worse" side.
38 other companies' latest entry also says "Other".
- FY2026Full-year revenue and operating income increased, but net income declinedAnnual report
「Net sales were ¥22,312 million, up 1.6% from the previous fiscal year. In terms of earnings, operating income was ¥1,993 million, up 18.7%, and ordinary income was ¥2,166 million, up 17.8%, due mainly to the impact of higher sales. Net income attributable to owners of the parent was ¥605 million, down 47.7%, due mainly to the recognition of impairment losses, inventory valuation losses and litigation losses as extraordinary losses.」
For the full year, sales increased and operating income and ordinary income rose, while net income attributable to owners of the parent declined sharply due to the recognition of impairment losses, inventory valuation losses and litigation losses. - FY2026-H1Higher sales and earnings but lower bottom-line profit in the interim periodAnnual report
「In terms of earnings, operating income was ¥1,116 million, up 19.1% year on year, and ordinary income was ¥1,213 million, up 18.1%, due mainly to lower cost of sales and selling, general and administrative expenses following company-wide cost reductions. Interim net income attributable to owners of the parent was ¥454 million, down 21.3%, due mainly to the recognition of ¥776 million in litigation losses as an extraordinary loss.」
In the interim period, operating income and ordinary income increased year on year, while interim net income attributable to owners of the parent declined due mainly to the recognition of ¥776 million in litigation losses and other factors. - FY2025Lower sales and earnings but higher bottom-line profit for the full yearAnnual report
「Net sales were ¥21,954 million, down 4.9% from the previous fiscal year. In terms of earnings, operating income was ¥1,680 million, down 5.6%, and ordinary income was ¥1,838 million, down 5.2%, due mainly to the impact of lower sales, while net income attributable to owners of the parent was ¥1,156 million, up 32.2%.」
For the full year, sales declined and operating income and ordinary income fell, while net income attributable to owners of the parent increased due mainly to gains on the sale of investment securities and lower litigation losses. - FY2025-H1Lower sales and earnings but higher bottom-line profit in the interim periodAnnual report
「As a result, by product, net sales in the Building Materials segment, the company's sole reporting segment, included ¥5,346 million from its core extruded cement board product ASLOC, down 7.8% year on year, ¥1,049 million from residential high sound-insulation flooring, up 3.9%, and ¥2,350 million from residential lightweight exterior wall materials, up 3.4%. Total extruded cement products generated ¥8,746 million, down 3.7%, slate-related products ¥439 million, down 4.5%, and fireproof coatings and other products ¥566 million, down 33.8%, resulting in net sales of ¥11,175 million for the current interim consolidated period, down 7.1%. In terms of earnings, operating income was ¥937 million, down 9.8%, and ordinary income was ¥1,027 million, down 10.6%, due mainly to the impact of lower sales. Interim net income attributable to owners of the parent was ¥577 million, up 80.2%, due mainly to litigation losses decreasing by ¥243 million year on year.」
In the interim period, net sales, operating income and ordinary income declined year on year, while interim net income attributable to owners of the parent increased due mainly to lower litigation losses and other factors. - FY2024-Q3Nine-Month Revenue and Profit GrowthAnnual report
「Net sales for the cumulative third quarter of the current consolidated fiscal year were ¥18,143 million, up 15.6% year on year. In terms of earnings, operating income was ¥1,619 million, up 106.2%, ordinary income was ¥1,755 million, up 89.5%, and net income attributable to owners of the parent was ¥730 million, up 49.9%, due mainly to the impact of higher sales.」
In the cumulative first 3 quarters, sales increased, and operating income, ordinary income and net income attributable to owners of the parent also increased year on year. - FY2024-Q2Higher sales and earnings but lower bottom-line profit in the cumulative first 2 quartersAnnual report
「In terms of earnings, despite higher costs due to increased raw material and energy prices, operating income was ¥1,040 million, up 72.4% year on year, and ordinary income was ¥1,149 million, up 61.5%, due mainly to growth in high-value-added extruded cement products. Net income attributable to owners of the parent was ¥320 million, down 22.9%, due mainly to the recognition of ¥376 million in litigation losses as an extraordinary loss.」
In the cumulative first 2 quarters, net sales were ¥12,028 million and operating income and ordinary income increased, while net income attributable to owners of the parent declined due to the recognition of litigation losses. - FY2024-Q1Higher sales and earnings but a bottom-line loss in the first quarterAnnual report
「Against this backdrop, net sales for the cumulative first quarter of the current consolidated fiscal year were ¥5,710 million, up 19.6% year on year. In terms of earnings, despite the negative impact of higher raw material and energy prices, operating income was ¥463 million, up 56.1%, and ordinary income was ¥512 million, up 30.1%, due mainly to higher sales. At the bottom line, the company recorded a quarterly net loss attributable to owners of the parent of ¥73 million, compared with quarterly net income attributable to owners of the parent of ¥219 million in the same period of the previous year, due mainly to the recognition of ¥370 million in litigation losses as an extraordinary loss.」
In the first quarter, net sales, operating income and ordinary income increased year on year, while the company recorded a quarterly net loss attributable to owners of the parent due mainly to the recognition of litigation losses and other factors. - FY2023WorsenedAnnual report
「In terms of earnings, operating income was ¥1,007 million, down 45.5% from the previous fiscal year, and ordinary income was ¥1,147 million, down 42.3%, due mainly to the impact of higher raw material and energy prices. Net income attributable to owners of the parent was ¥486 million, down 71.6%, due mainly to the recognition of ¥234 million in litigation losses and ¥204 million in costs related to the voluntary product recall.」
Operating income, ordinary income and net income attributable to owners of the parent all declined sharply from the previous fiscal year due to higher raw material and energy prices, litigation losses, voluntary recall costs and other factors. - FY2023-Q3WorsenedAnnual report
「Against this backdrop, net sales for the cumulative third quarter of the current consolidated fiscal year were ¥15,688 million, up 1.4% year on year. In terms of earnings, operating income was ¥785 million, down 50.4%, and ordinary income was ¥926 million, down 46.3%, due mainly to the impact of higher raw material and energy prices.」
In the cumulative first 3 quarters, sales increased slightly, while operating income and ordinary income fell sharply year on year due to higher raw material and energy prices and other factors. - FY2023-Q1Slightly higher sales but lower earnings in the first quarterAnnual report
「Net sales for the cumulative first quarter of the current consolidated fiscal year were ¥4,774 million, up 0.6% year on year. In terms of earnings, operating income was ¥296 million, down 28.7%, ordinary income was ¥393 million, down 17.4%, and net income attributable to owners of the parent was ¥219 million, down 41.6%, due mainly to the impact of higher raw material and energy prices.」
In the first quarter, net sales increased 0.6% year on year, while operating income, ordinary income and net income attributable to owners of the parent declined due mainly to the impact of higher raw material and energy prices. - FY2022-Q3Lower sales but higher earnings in the cumulative first 3 quartersAnnual report
「Net sales for the cumulative third quarter of the current consolidated fiscal year were ¥15,470 million, down 7.2% year on year. In terms of earnings, despite the impact of lower sales, operating income was ¥1,584 million, up 9.6%, ordinary income was ¥1,726 million, up 15.8%, and net income attributable to owners of the parent was ¥1,483 million, up 100.5%, due mainly to improved productivity at factories and the implementation of company-wide cost reductions.」
In the cumulative first 3 quarters, net sales fell 7.2% year on year, while operating income, ordinary income and net income attributable to owners of the parent all increased due to improved productivity and company-wide cost reductions, resulting in lower sales but higher earnings. - FY2022-Q2Lower revenue, higher profit for the cumulative second quarterAnnual report
「As a result, by product, net sales in the Building Materials segment, the company's sole reporting segment, included ¥5,851 million from its core extruded cement board product ASLOC, down 12.3% year on year, while net sales for the cumulative second quarter of the current consolidated fiscal year were ¥10,043 million, down 10.4%. In terms of earnings, despite the impact of lower sales, company-wide cost reductions resulted in operating income of ¥1,061 million, up 14.5% year on year, and ordinary income of ¥1,191 million, up 26.5%.」
In the cumulative first 2 quarters, net sales fell 10.4% year on year, while operating income and ordinary income increased 14.5% and 26.5%, respectively, resulting in lower sales but higher earnings. - FY2022-Q1Lower sales but higher earnings in the first quarterAnnual report
「In terms of earnings, although sales of the core extruded cement products declined owing to the impact of COVID-19, company-wide cost reductions reduced the cost of sales and selling, general and administrative expenses, among other factors, resulting in operating profit of ¥416 million, up 12.0% year on year, ordinary profit of ¥476 million, up 22.0%, and quarterly net income attributable to owners of the parent of ¥375 million, up 53.0%.」
Although net sales declined in the first quarter, operating income, ordinary income and net income attributable to owners of the parent increased due mainly to cost reductions and other factors. - FY2021Substantial full-year profit growthAnnual report
「In terms of earnings, operating income was ¥1,846 million, up 53.7% from the previous fiscal year, ordinary income was ¥1,869 million, up 53.8%, and net income attributable to owners of the parent was ¥1,262 million, up 47.7%, following growth in the company's core extruded cement board product ASLOC and the implementation of cost reductions.」
After recovering from the earnings decline caused by the fire and other factors in the previous fiscal year, operating income, ordinary income and net income attributable to owners of the parent all increased sharply. - FY2021-Q3Sharp earnings growth in the cumulative first 3 quartersAnnual report
「In terms of earnings, operating income was ¥1,445 million, up 61.8% year on year, ordinary income was ¥1,491 million, up 64.3%, and net income attributable to owners of the parent was ¥740 million, up 24.4%, due mainly to growth in the company's core extruded cement products.」
Operating income, ordinary income and net income attributable to owners of the parent all increased year on year in the cumulative first 3 quarters. - FY2021-Q2Sharp earnings growth in the cumulative first 2 quartersAnnual report
「In terms of earnings, operating income was ¥927 million, up 152.2% year on year, ordinary income was ¥941 million, up 147.9%, and net income attributable to owners of the parent was ¥518 million, up 83.8%, due mainly to the solid performance of domestic extruded cement products.」
Operating income, ordinary income and net income attributable to owners of the parent all increased sharply year on year in the cumulative first 2 quarters. - FY2021-Q1Sharp earnings growth in the first quarterAnnual report
「In terms of earnings, operating income was ¥371 million, up 348.5% year on year, ordinary income was ¥390 million, up 239.4%, and net income attributable to owners of the parent was ¥245 million, up 561.6%, due mainly to growth in the company's core extruded cement products.」
After earnings fell sharply in FY2020-Q1 due to the impact of the fire and other factors, operating income, ordinary income and net income attributable to owners of the parent increased sharply year on year, due mainly to growth in core products. - FY2020WorsenedAnnual report
「Net sales for the fiscal year were ¥22,486 million, down 7.7% from the previous fiscal year. In terms of earnings, in addition to the decline in net sales, continued increases in logistics and other costs from the previous year and higher personnel expenses resulted in operating income of ¥1,201 million, down 48.4%, and ordinary income of ¥1,215 million, down 47.4%. The ordinary income margin declined 4.1 percentage points from the previous fiscal year to 5.4%.」
Net sales fell 7.7% from the previous fiscal year, while operating income and ordinary income declined 48.4% and 47.4%, respectively. The ordinary income margin also fell to 5.4%. - FY2020-Q3WorsenedAnnual report
「In terms of earnings, in addition to the decline in net sales noted above, operating income was ¥893 million, down 56.7% year on year, and ordinary income was ¥907 million, down 56.2%, due to continued increases in logistics and other costs from the previous year, as well as higher personnel expenses.」
Cumulative operating income and ordinary income for the first 3 quarters fell sharply year on year, and deterioration from the earnings levels targeted for successive record highs continues. - FY2020-Q2WorsenedAnnual report
「Revenue for the six-month period ended 30 September was ¥10,792 million, down 9.5% year on year. In terms of profit, in addition to the decline in revenue described above, higher logistics costs that had continued from the previous year and increased labor costs resulted in operating income of ¥367 million, down 73.7% year on year, and ordinary income of ¥379 million, down 73.0%. In addition, insurance gains of ¥532 million were recognized as extraordinary income and fire-related losses of ¥635 million as an extraordinary loss in connection with the fire, resulting in net income attributable to owners of the parent of ¥282 million, down 70.1% year on year.」
In addition to the decline in revenue, higher logistics and labor costs and the impact of the fire at the Saitama Plant led to sharp year-on-year declines in operating income, ordinary income and quarterly net income attributable to owners of the parent. - FY2020-Q1WorsenedAnnual report
「Operating income fell 88.2% year on year to ¥82 million and ordinary income fell 84.1% to ¥115 million due to the impact of the fire at the company’s Saitama Plant on 10 May of this year and other factors. In addition, because fire-related losses and other items were recognized as an extraordinary loss, net income attributable to owners of the parent fell 92.6% to ¥37 million.」
Operating income, ordinary income and quarterly net income attributable to owners of the parent declined sharply year on year due to the impact of the fire at the Saitama Plant and other factors. - FY2019WorsenedAnnual report
「Although sales volume of “ASLOC” reached a record high, operating income fell 13.6% year on year to ¥2,326 million and ordinary income fell 14.8% to ¥2,313 million due to higher raw material prices, logistics costs and labor costs. In addition, the recognition of product warranty costs as an extraordinary loss and other factors resulted in a net loss attributable to owners of the parent of ¥892 million, compared with net income attributable to owners of the parent of ¥1,881 million in the previous fiscal year.」
Revenue and ASLOC sales volume increased, but operating income and ordinary income declined, and product warranty costs and other factors resulted in a net loss attributable to owners of the parent. - FY2019-Q3WorsenedAnnual report
「Although revenue increased, operating income fell 5.2% year on year to ¥2,064 million and ordinary income fell 5.9% to ¥2,071 million due to increases in raw material, logistics and labor costs. In addition, because costs related to addressing product defects were recognized as an extraordinary loss, quarterly net loss attributable to owners of the parent was ¥68 million, compared with quarterly net income attributable to owners of the parent of ¥1,512 million in the same period of the previous year.」
Revenue increased 8.4% year on year, while operating income and ordinary income declined, and the recognition of costs related to addressing product defects as an extraordinary loss resulted in a quarterly net loss attributable to owners of the parent. - FY2019-Q2WorsenedAnnual report
「Although sales of the company’s core extruded cement products increased, operating income fell 4.6% year on year to ¥1,397 million, ordinary income fell 4.8% to ¥1,408 million, and quarterly net income attributable to owners of the parent fell 5.7% to ¥943 million, due to increases in raw material, logistics and labor costs.」
Sales of core products increased, but operating income, ordinary income and quarterly net income attributable to owners of the parent declined year on year due to increases in raw material, logistics and labor costs. - FY2018WorsenedAnnual report
「In terms of profit, the company worked to reduce manufacturing costs and cut expenses, but operating income fell 18.8% year on year to ¥2,691 million, ordinary income fell 16.9% to ¥2,716 million, and net income attributable to owners of the parent fell 16.4% to ¥1,881 million, due to sluggish construction activity, higher raw material prices, and increases in logistics and labor costs.」
Operating income, ordinary income and net income, which had been reported at record highs in the previous fiscal year, all declined in the current fiscal year. - FY2017AdvancedAnnual report
「In terms of profit, sales of the company’s core extruded cement products increased, and the company worked to improve productivity, reduce manufacturing costs and cut expenses. As a result, operating income reached a record ¥3,316 million, up 4.0% year on year, ordinary income reached a record ¥3,269 million, up 4.4%, and net income attributable to owners of the parent reached a record ¥2,249 million, up 48.4%.」
The record-high figures now include net income attributable to owners of the parent, in addition to operating income and ordinary income. - FY2016First statedAnnual report
「Consolidated operating income and ordinary income both reached record highs.」
The filing reports operating income of ¥3,189 million and ordinary income of ¥3,133 million.