Improving the Management Base and Earnings Structure and Achieving Profitability Early
First written in FY2016. 13 of 31 entries say "Restated". Latest entry: 2026-10-09.
Asahi Eito Holdings moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).
The whole theme swung hardest in 2018: 2 of 14 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026-H1Narrower losses despite lower revenue, but profitability not achievedAnnual report
「We will also seek to improve profitability by streamlining our business structure, including consolidating sales and production bases. As a result, revenue for the interim consolidated accounting period was ¥2,095 million, down 4.9% year on year; operating loss was ¥79 million, compared with an operating loss of ¥129 million in the same period of the previous year; ordinary loss was ¥78 million, compared with an ordinary loss of ¥123 million; and interim net loss attributable to owners of the parent was ¥98 million, compared with an interim net loss attributable to owners of the parent of ¥140 million.」
The company continues to streamline operations by consolidating sales and production sites as a measure to improve profitability, and operating and other losses narrowed from the same period of the previous year. Meanwhile, revenue was below the level of the same period of the previous year, and profitability was not achieved. - 2026-04-10WorsenedOccurring Fact
「However, during the cumulative first quarter, the Company's domestic and overseas businesses continued to face a situation in which sufficient profitability and improvements in financial strength had not been achieved, due in part to the impact of global geopolitical uncertainty and soaring raw-material prices resulting from the significant depreciation of the yen.」
事業多様化や拠点集約などの対応策を進めているが、国内外の事業で十分な収益力・財務体質の改善に至っていない状況が続いている。 - FY2025Losses narrowed, but earnings recovery fell shortAnnual report
「Revenue increased by ¥369 million from the previous fiscal year. However, profitability did not recover, mainly because selling, general and administrative expenses increased due to higher costs associated with business expansion and costs related to launching new businesses, in addition to the increase in the cost of sales resulting from soaring raw material prices and the weaker yen.」
Although revenue increased and operating, ordinary and net losses narrowed, the Company disclosed that earnings had not yet recovered because higher raw-material prices and the weaker yen increased costs, while business expansion and new-business expenses also increased. - FY2025-H1WorsenedAnnual report
「However, during the current interim consolidated fiscal period, the recovery in earnings in both the domestic and overseas businesses remained delayed, and the company has yet to achieve sufficient profitability or improve its financial condition.」
The Company states that, while it has proposed measures including business diversification, acquisitions, creation of synergies among group companies and consolidation of locations, the recovery of profitability in both its domestic and overseas businesses has been delayed and sufficient improvement in earnings power and financial strength has not been achieved. - FY2024WorsenedAnnual report
「Revenue increased due to the full-year contribution from a subsidiary acquired in the previous consolidated fiscal year, but recovery in earnings from the overseas business has been delayed. The domestic business is gradually showing signs of recovery, but is not progressing as planned.」
The company continues to diversify its business and improve its earnings structure, but states that the recovery of profitability in its overseas business has been delayed and that its domestic business is also not progressing as planned. - FY2024-Q2RestatedAnnual report
「However, during the six-month period ended in the second quarter, the recovery in earnings from the overseas business continued to be delayed and the business remained sluggish. As a result, the Group as a whole has not achieved sufficient improvement in earnings capacity or its financial position.」
While advancing measures to diversify its businesses and stabilize its financial base, the company continues to face a situation in which the recovery in overseas business profitability is delayed and the group's overall earnings power and financial position have not yet improved sufficiently. - FY2023WorsenedAnnual report
「However, the recovery in net sales is taking time and has not progressed as planned. In addition, costs included in cost of sales have risen, while selling, general and administrative expenses for organizational restructuring have increased, delaying the recovery in earnings, and the company has recorded a net loss attributable to owners of the parent.」
While advancing business diversification and strengthening its earnings base, the company states that the recovery in earnings has been delayed because net sales have not recovered as planned, while higher costs and increased selling, general and administrative expenses associated with organizational restructuring have weighed on results. - FY2023-Q1RestatedAnnual report
「However, during the three months of the current first quarter consolidated fiscal period, the overseas business continued to struggle, partly because of the effects of COVID-19 and other factors, and the group as a whole had still not achieved sufficient improvement in earnings power or its financial position.」
While advancing business diversification, including new businesses, the Company continues to state that the Group’s overall earnings capacity and financial position have not yet improved sufficiently because of the sluggish performance of its overseas business and other factors. - FY2022WorsenedAnnual report
「In the domestic business, the newly launched recycling business contributed positively, but the other businesses have not performed as planned. In addition, cost of sales has risen because of the weaker yen, while selling, general and administrative expenses for organizational restructuring have increased, delaying the recovery in earnings.」
While the contribution of the new recycling business is noted, the other businesses have not progressed as planned, and the recovery in profitability has been delayed by higher costs resulting from the weaker yen and increased expenses associated with organizational restructuring. - FY2022-Q2ReframedAnnual report
「To achieve the plan set out in the “Medium-Term Management Plan 2022–2024” dated 10 June 2022, our group will seek to transform itself from a housing-equipment manufacturer into a corporate group that creates “homes and lifestyles.” In addition to our core sanitary ceramics business, which we have operated for many years, we will launch a business selling residential solar power generation and storage battery systems, a lifestyle business selling household goods and other products related to the home, and an investment-related business, thereby working to secure new earnings foundations.」
The previous restructuring policy, centered on an early return to profitability and domestic business reform, has been reorganized around business diversification and securing new earnings foundations under the new medium-term management plan. - FY2022-Q1WorsenedAnnual report
「As a result of these circumstances, material uncertainty exists regarding the going-concern assumption. To resolve this situation at an early stage, we will seek to improve profitability and our financial position by implementing the measures described below.」
The company states that significant doubt about the going-concern assumption continues to exist due to stagnation in its growth strategy and the lack of improvement in profitability and its financial position. - FY2021WorsenedAnnual report
「The growth strategy has stalled, and the group as a whole has yet to achieve sufficient profitability or improve its financial condition.」
Although profitability has improved through the streamlining of the domestic business, the Company states that the Group’s overall earnings capacity and financial position have not improved sufficiently because of the stagnation of its overseas growth strategy. - FY2021-Q2RestatedAnnual report
「To achieve the plans set out in the Medium-Term Management Plan 2020–2022, the Group is pursuing business strategies based on a policy of expanding its overseas business, where significant progress is expected, particularly in Vietnam, the base of its Asian strategy, and undertaking fundamental reforms to the business model and earnings structure of its domestic business, where deterioration in profitability has become pronounced due to sluggish market prices and rising material procurement costs.」
Based on the Medium-Term Management Plan 2020–2022, the Company continues to expand its overseas business and fundamentally reform the business model and earnings structure of its domestic business. - FY2021-Q1RestatedAnnual report
「To achieve the plans set out in the Medium-Term Management Plan 2020–2022, the Group is pursuing business strategies based on a policy of expanding its overseas business, where significant progress is expected, particularly in Vietnam, the base of its Asian strategy, and undertaking fundamental reforms to the business model and earnings structure of its domestic business, where deterioration in profitability has become pronounced due to sluggish market prices and rising material procurement costs.」
The company continues to expand its overseas business based on the Medium-Term Management Plan 2020–2022 and fundamentally reform the business model and earnings structure of its domestic business. - FY2020AdvancedAnnual report
「To achieve the plans set out in the Medium-Term Management Plan 2020–2022, the Group is pursuing business strategies based on a policy of expanding its overseas business, where significant progress is expected, particularly in Vietnam, the base of its Asian strategy, and undertaking fundamental reforms to the business model and earnings structure of its domestic business, where deterioration in profitability has become pronounced due to sluggish market prices and rising material procurement costs.」
The company continued to expand its overseas business and fundamentally reform its domestic business based on the Medium-Term Management Plan, achieving a return to profitability in operating income, ordinary income and net income during the fiscal year. However, it stated that revenue and operating income were below plan and that improvements in earnings capacity remained a work in progress. - FY2020-Q3RestatedAnnual report
「To achieve the plans set out in the Medium-Term Management Plan 2020–2022, the Group is pursuing business strategies based on a policy of expanding its overseas business, where significant progress is expected, particularly in Vietnam, the base of its Asian strategy, and undertaking fundamental reforms to the business model and earnings structure of its domestic business, where deterioration in profitability has become pronounced due to sluggish market prices and rising material procurement costs.」
The company continues to expand its overseas business based on the Medium-Term Management Plan 2020–2022 and fundamentally reform the business model and earnings structure of its domestic business. - FY2020-Q1RestatedAnnual report
「To achieve the plans set out in the Medium-Term Management Plan 2020–2022, the Group is pursuing business strategies based on a policy of expanding its overseas business, where significant progress is expected, particularly in Vietnam, the base of its Asian strategy, and undertaking fundamental reforms to the business model and earnings structure of its domestic business, where deterioration in profitability has become pronounced due to sluggish market prices and rising material procurement costs.」
The Company continues to pursue the expansion of its overseas business under the Medium-Term Management Plan 2020–2022 and fundamental reform of the business model and earnings structure of its domestic business as its basic policy. - FY2019AdvancedAnnual report
「The Company implemented various measures, including downsizing the head office and Kagawa Plant and reducing personnel, closing and discontinuing the Vietnam engineered-stone plant and Sendai sales office, and disposing of parts inventories related to stagnant inventory and withdrawn businesses, as well as deteriorated and obsolete parts inventories」
Regarding measures to return the domestic standalone business to profitability and improve its earnings structure under the Medium-Term Management Plan, the Company states that it downsized the head office and Kagawa Plant, reduced personnel, closed and discontinued factories and sales offices, and disposed of inventory. - FY2019-Q3ReframedAnnual report
「On 30 August 2019, we announced the Medium-Term Management Plan 2020–2022. We will work to improve business performance based on the following basic policies set out in this medium-term management plan. 1. Return the standalone domestic business to profitability ・ Thoroughly reduce fixed costs, including through workforce reductions ・ Withdraw from low-margin projects ・ Maintain revenue and expand profit by narrowing the number of products and customers」
The previous policy of achieving profitability at an early stage has been reorganized around achieving profitability in the domestic standalone business under the Medium-Term Management Plan 2020–2022, with specific measures including fixed-cost reductions, including personnel reductions, withdrawal from low-margin projects, and narrowing the range of products and customers. - FY2019-Q2RestatedAnnual report
「To resolve this situation, the company has identified the following items as its top priorities for the 69th fiscal year and will work to return to profitability at an early stage by improving profitability.」
The Company continues to identify improving profitability as its most important issue in the 69th fiscal year and aims to achieve profitability at an early stage. - FY2019-Q1RestatedAnnual report
「To resolve this situation, the company has identified the following items as its top priorities for the 69th fiscal year and will work to return to profitability at an early stage by improving profitability.」
The Company continues to identify improving profitability as its most important issue in the 69th fiscal year and aims to achieve profitability at an early stage. - FY2018SoftenedAnnual report
「To resolve this situation, the company has identified the following items as its top priorities for the 69th fiscal year and will work to return to profitability at an early stage by improving profitability.」
The target period for an early return to profitability has shifted from the 68th fiscal year to the 69th fiscal year, further postponing the target timing. - FY2018-Q3RestatedAnnual report
「To resolve this situation, the group has identified improving profitability as its top priority for the 68th fiscal year and will work to return to profitability at an early stage through the initiatives set out below.」
The Company continues to pursue a policy of making profitability improvement its highest priority in the 68th fiscal year and aiming to return to profitability at an early stage. - FY2018-Q2RestatedAnnual report
「To resolve this situation, the group has identified improving profitability as its top priority for the 68th fiscal year and will work to return to profitability at an early stage through the initiatives set out below.」
The Company continues to pursue a policy of making profitability improvement its highest priority in the 68th fiscal year and aiming to return to profitability at an early stage. - FY2018-Q1RestatedAnnual report
「To resolve this situation, the group has identified improving profitability as its top priority for the 68th fiscal year and will work to return to profitability at an early stage through the initiatives set out below.」
The Company continues to pursue a policy of making profitability improvement its highest priority in the 68th fiscal year and aiming to return to profitability at an early stage. - FY2017SoftenedAnnual report
「To resolve this situation, the group has identified improving profitability as its top priority for the 68th fiscal year and will work to return to profitability at an early stage through the initiatives set out below.」
The wording of the target for achieving profitability at an early stage has changed from the 67th fiscal year to the 68th fiscal year, pushing back the deadline. - FY2017-Q3RestatedAnnual report
「To resolve this situation, in the 67th fiscal year our group will make improving profitability its top priority, pursue the following measures, and work to return to profitability as soon as possible.」
The Company continues to identify improving profitability as its most important priority for the 67th fiscal year and aims to return to profitability at an early stage. - FY2017-Q1RestatedAnnual report
「To resolve this situation, in the 67th fiscal year our group will make improving profitability its top priority, pursue the following measures, and work to return to profitability as soon as possible.」
The Company continues to identify improving profitability as its most important priority for the 67th fiscal year and aims to return to profitability at an early stage. - FY2016First statedAnnual report
「To resolve this situation, in the 67th fiscal year our group will make improving profitability its top priority, pursue the following measures, and work to return to profitability as soon as possible.」
For the 67th fiscal year, the Company has set improving profitability as its most important priority and aims to return to profitability at an early stage.