Transition to a highly profitable business structure
First written in FY2020. 8 of 22 entries say "Advanced", first in FY2021. Latest entry: 2026-11-12.
The whole theme swung hardest in 2019: 13 of 91 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2026AdvancedAnnual report
「Operating profit: ¥1,611.668 million (up 56.9% year on year)」
Operating profit increased from ¥1,027.449 million in the previous fiscal year to ¥1,611.668 million, demonstrating concrete earnings recovery and improvement. - FY2026-H1AdvancedAnnual report
「Operating profit: ¥693.160 million (up 78.1% year on year); ordinary profit: ¥701.913 million (up 72.6% year on year)」
Regarding the transformation into a highly profitable business, operating profit for FY2026-H1 increased 78.1% year on year, indicating a concrete recovery from the decline in the previous fiscal year's interim period. - FY2025WorsenedAnnual report
「As a result, consolidated net sales for the fiscal year were ¥12,222.902 million, down 2.5% year on year, operating profit was ¥1,027.449 million, down 29.5%, ordinary profit was ¥1,030.869 million, down 29.4%, and net profit attributable to owners of the parent was ¥776.607 million, down 20.4%.」
Earnings, which had recovered in the previous fiscal year, declined again, with operating profit down 29.5% year on year. The stated factors included higher external construction costs, delays in passing on higher costs, and increases in transportation and personnel expenses. - FY2025-H1Decline in interim earningsAnnual report
「As a result, consolidated net sales for the six months ended the interim period were ¥5,674.262 million, down 8.2% year on year, operating profit was ¥389.155 million, down 46.3%, ordinary profit was ¥406.685 million, down 43.7%, and interim net profit attributable to owners of the parent was ¥317.587 million, down 32.6%.」
During the interim period, net sales, operating profit, ordinary profit and interim net profit attributable to owners of the parent all declined year on year, with operating profit down 46.3%. - FY2024AdvancedAnnual report
「Operating profit: ¥1,458.110 million (up 27.3% year on year)」
Operating profit, which had declined substantially in the previous fiscal year, increased 27.3% year on year due in part to the growing adoption of price pass-through, indicating concrete progress in earnings recovery. - FY2024-Q3AdvancedAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter were ¥9,236.963 million, up 2.8% year on year, operating profit was ¥1,069.644 million, up 61.7%, ordinary profit was ¥1,082.506 million, up 64.0%, and quarterly net profit attributable to owners of the parent was ¥722.875 million, up 67.6%.」
Operating profit for the nine months ended the third quarter increased 61.7% year on year, indicating a concrete recovery and improvement from the previous fiscal year's decline in earnings performance. - FY2024-Q2AdvancedAnnual report
「As a result, consolidated net sales for the six months ended the second quarter were ¥6,179.214 million, up 5.9% year on year, operating profit was ¥725.293 million, up 42.6%, ordinary profit was ¥722.757 million, up 45.3%, and quarterly net profit attributable to owners of the parent was ¥471.120 million, up 47.3%.」
Operating profit for the six months ended the second quarter increased 42.6% year on year, indicating a concrete recovery from the previous fiscal year's decline in earnings performance. - FY2024-Q1Update to first-quarter earnings performanceAnnual report
「Regarding the performance of the group, in the architecture-related business, construction segment sales declined due to fewer orders for large-scale fireproofing projects. Although sales in the sales segment increased due to recovering demand volumes in addition to the effects of passing on higher prices, net sales in the architecture-related segment declined year on year. In the plant-related business, orders in the construction segment increased for periodic repair and maintenance work, among other projects. Although sales in the sales segment declined, net sales in the plant-related segment increased year on year. The price increases implemented since last year in response to soaring raw material and fuel costs are gradually taking effect, but have not yet covered the increase in costs. As a result, consolidated net sales for the three months ended the first quarter were ¥2,968.676 million, up 1.2% year on year, operating profit was ¥279.302 million, up 2.6%, ordinary profit was ¥261.342 million, down 6.6%, and quarterly net profit attributable to owners of the parent was ¥166.472 million, down 11.6%.」
In the first quarter, operating profit increased 2.6% year on year, while ordinary profit and quarterly net profit attributable to owners of the parent declined. Although the pass-through of higher costs progressed, it was not sufficient to absorb the increase in costs. - FY2023WorsenedAnnual report
「As a result, consolidated net sales for the fiscal year were ¥12,320.101 million, down 12.7% year on year, operating profit was ¥1,145.449 million, down 38.5%, ordinary profit was ¥1,142.525 million, down 39.6%, and net profit attributable to owners of the parent was ¥723.583 million, down 36.8%.」
Net sales, operating profit, ordinary profit and net profit declined year on year due to soaring raw material and energy prices and delays in passing on higher costs, among other factors. - FY2023-Q3Decline in operating profit for the first nine monthsAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter were ¥8,985.473 million, down 14.6% year on year, operating profit was ¥661.496 million, down 49.1%, ordinary profit was ¥660.258 million, down 50.8%, and quarterly net profit attributable to owners of the parent was ¥431.200 million, down 43.9%.」
Operating profit for the first nine months declined 49.1% year on year, indicating a deterioration in earnings performance related to the transformation into a highly profitable business. - FY2023-Q2Decline in second-quarter operating profitAnnual report
「As a result, consolidated net sales for the six months ended the second quarter were ¥5,833.541 million, down 19.0% year on year, and operating profit was ¥508.535 million, down 39.3%.」
Operating profit for the six months ended the second quarter declined 39.3% year on year due to soaring raw material and fuel costs, among other factors. - FY2023-Q1Decline in first-quarter operating profitAnnual report
「As a result, consolidated net sales for the three months ended the first quarter were ¥2,932.235 million, down 18.2% year on year, operating profit was ¥272.180 million, down 31.8%, ordinary profit was ¥279.776 million, down 34.8%, and quarterly net profit attributable to owners of the parent was ¥188.304 million, up 19.7%.」
In the first quarter, net sales, operating profit and ordinary profit declined year on year, with operating profit down 31.8%. In contrast, quarterly net profit attributable to owners of the parent increased 19.7%. - FY2022Decline in full-year operating incomeAnnual report
「Operating profit: ¥1,861.154 million (down 18.0% year on year)」
Operating profit declined 18.0% year on year due to higher cost of sales and external costs, among other factors. - FY2022-Q3Decline in operating profit for the first nine monthsAnnual report
「Operating profit: ¥1,298.873 million (down 15.4% year on year)」
Operating profit for the first nine months declined 15.4% year on year, with the filing stating that higher external costs affected earnings. - FY2022-Q2Decline in first-half earningsAnnual report
「As a result, consolidated net sales for the six months ended the second quarter were ¥7,199.582 million, up 8.0% year on year, operating profit was ¥837.461 million, down 10.3%, and ordinary profit was ¥873.609 million, down 4.9%.」
While first-half net sales increased, operating profit declined 10.3% year on year, indicating a deterioration in earnings performance related to the transformation into a highly profitable business. - FY2022-Q1AdvancedAnnual report
「Operating profit: ¥399.214 million (up 22.7% year on year)」
Operating profit for the first quarter increased 22.7% year on year, indicating progress on the earnings side toward becoming a highly profitable business. - FY2021AdvancedAnnual report
「Cost of sales decreased by ¥63.533 million from the same period of the previous year to ¥10,029.156 million. This was mainly due to improved construction margins.」
Cost of sales decreased as construction margins improved, and operating profit increased 9.4% year on year. - FY2020First statedAnnual report
「Transformation into a highly profitable business through continued productivity improvements」
This was stated as one of the policies in the medium-term management plan for fiscal 2019 to fiscal 2021.