Improving Selling Prices and the Profitability of Overseas Group Companies
First written in FY2018-Q1. 13 of 33 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 3 of 14 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「In the trading business, revenue increased by ¥130.6 billion year on year to ¥778.1 billion, and segment profit increased by ¥2.3 billion to ¥24.2 billion, mainly due to higher steel product market prices, particularly in the United States, as well as improved profitability at domestic and overseas group companies.」
The trading business reported higher interim revenue and profit, driven by higher steel product market prices, particularly in the United States, and improved profitability at domestic and overseas group companies. - FY2026Profit decline due to lower sales volumes and market conditionsAnnual report
「Steel trading declined owing to weak domestic construction demand and the impact of trade policies in various countries. In addition, falling market prices in Japan and overseas resulted in revenue of ¥1,333.0 billion and segment profit of ¥40.2 billion,」
The business changed from profit growth through the previous fiscal year, driven by North America and other businesses, to lower profit in the trading business owing to the impact of domestic construction demand, trade policies and falling market prices. - FY2026-H1Lower interim profit owing to falling steel market pricesAnnual report
「In the trading business, revenue decreased by ¥68.0 billion, or 9.5%, from the previous interim consolidated accounting period to ¥647.5 billion due to falling steel market conditions in Japan and overseas, among other factors. Segment profit decreased by ¥0.5 billion to ¥21.9 billion.」
The business changed from profit growth through the previous fiscal year, driven by North America and other businesses, to lower revenue and profit in the interim period owing to falling steel market prices in Japan and overseas, among other factors. - FY2025Lower profit owing to weak sales volumes and demandAnnual report
「Although the trading business benefited from contributions to earnings from Studco Building Systems US, LLC and Studco Corporation, acquired in May 2024, earnings were affected by the continued weakness in demand in the domestic construction sector, among other factors,」
The business changed from profit growth through the previous fiscal year, mainly in North America, to lower revenue and profit owing to weak domestic construction demand and other factors, despite earnings contributions from the overseas construction materials acquisitions. - FY2025-H1Lower profit owing to weak North American market conditions and domestic demand for construction materialsAnnual report
「In the trading business, revenue decreased by ¥26.5 billion, or 3.6%, from the previous interim consolidated accounting period to ¥715.5 billion, and segment profit decreased by ¥4.4 billion to ¥22.4 billion, due to deteriorating steel market conditions in North America and sluggish demand in the domestic construction materials sector, among other factors.」
The business changed from record profit in the previous fiscal year, mainly in North America, to lower revenue and profit in the interim period owing to deteriorating North American steel market conditions and weak domestic demand for construction materials. - FY2024Lower full-year profit and lower profit margins in North AmericaAnnual report
「Compared with the previous consolidated fiscal year, which recorded record profit, the trading business reported annual revenue of ¥1,476.4 billion and segment profit of ¥48.9 billion, reflecting lower steel product sales volumes, higher selling, general and administrative expenses, and lower profit margins, mainly in North America. Revenue decreased by ¥37.7 billion, or 2.5%, and segment profit decreased by ¥16.2 billion, or 24.8%.」
The business changed from record profit in the previous fiscal year, mainly in North America, to lower profit owing to declining sales volumes, higher selling, general and administrative expenses and lower profit margins in North America. - FY2024-Q3Continued decline in profit margins, mainly in the North American businessAnnual report
「In the trading business, revenue decreased by ¥23.6 billion, or 2.1%, from the same cumulative quarter of the previous consolidated fiscal year to ¥1.1102 trillion, due to lower sales volumes and lower profit margins, particularly in North America. Segment profit decreased by ¥17.2 billion to ¥38.5 billion.」
The business changed from profit growth through the previous fiscal year, mainly in North America, to lower profit in the cumulative third quarter, owing to declining sales volumes and lower profit margins in the North American business. - FY2024-Q2Declining profit margins, mainly in the North American businessAnnual report
「In the trading business, revenue decreased by ¥8.2 billion, or 1.1%, from the same cumulative quarter of the previous consolidated fiscal year to ¥742.0 billion, due to lower sales volumes and lower profit margins, particularly in North America. Segment profit decreased by ¥13.8 billion to ¥26.8 billion.」
The business changed from profit growth through the previous fiscal year, mainly in North America, to lower profit in the cumulative second quarter, owing to declining sales volumes and lower profit margins in the North American business. - FY2024-Q1Declining profit margins, mainly in the North American businessAnnual report
「In the trading business, revenue decreased by ¥9.2 billion, or 2.4%, from the same cumulative quarter of the previous consolidated fiscal year to ¥370.3 billion, due to lower sales volumes and lower profit margins, particularly in North America. Segment profit decreased by ¥6.4 billion to ¥14.7 billion.」
The business changed from profit growth through the previous fiscal year, mainly in North America, to lower profit in the first quarter, owing to declining sales volumes and lower profit margins. - FY2023AdvancedAnnual report
「In the trading business, efforts to expand sales of steel products resulted in generally firm sales volumes in Japan and overseas. In addition, selling prices rose in Japan and overseas, particularly in North America, compared with the previous consolidated fiscal year. As a result, annual revenue was ¥1,514.1 billion and segment profit reached a record high of ¥65.1 billion.」
Segment profit in the trading business reached a record high of ¥65.1 billion, driven by higher selling prices, the North American business and expanded sales of steel products. - FY2023-Q3AdvancedAnnual report
「In the trading business, selling prices in Japan and overseas, particularly in North America, rose from the same cumulative quarter of the previous consolidated fiscal year. Revenue therefore increased by ¥260.1 billion, or 29.8%, to ¥1.1338 trillion, while segment profit increased by ¥13.8 billion to ¥55.7 billion.」
Driven by higher selling prices in Japan and overseas, particularly in the North American business, cumulative segment profit for the first 3 quarters in the trading business reached ¥55.7 billion, with improvements in selling prices and growth in overseas business earnings continuing. - FY2023-Q2AdvancedAnnual report
「In the trading business, demand for steel products in Japan and overseas, particularly in North America, remained strong, and steel market conditions remained firm. As a result, revenue increased by ¥205.8 billion, or 37.8%, from the same cumulative quarter of the previous consolidated fiscal year to ¥750.2 billion, while segment profit increased by ¥15.0 billion to ¥40.6 billion.」
The trading business has continued to improve profitability, changing from the previous decline in demand and deterioration in the earnings of overseas group companies to strong demand, mainly in North America, and firm market conditions. - FY2023-Q1AdvancedAnnual report
「In the trading business, demand for steel products in Japan and overseas, particularly in North America, remained strong, while steel market conditions also remained firm. As a result, revenue increased by ¥117.9 billion, or 45.1%, year on year to ¥379.5 billion, and segment profit increased by ¥9.6 billion to ¥21.1 billion.」
The trading business continued to improve profitability, with revenue of ¥379.5 billion and segment profit of ¥21.1 billion, driven by the recovery in domestic and overseas demand for steel products and market conditions, particularly the strong performance of the North American business. - FY2022AdvancedAnnual report
「In the trading business, steel demand in Japan and overseas, which had fallen sharply in the previous fiscal year, recovered, and steel market conditions remained firm. In addition, strong performance in the North American business drove revenue up ¥299.2 billion, or 32.1%, year on year to ¥1,231.7 billion.」
The situation progressed from improved selling prices and increased profitability at overseas Group companies to profit improvement driven by recovering demand, firm market conditions and strong performance in the North American business. - FY2022-Q3Continued profit improvement due to recovering demand and firm market conditionsAnnual report
「In the trading business, domestic and overseas steel demand, which had fallen sharply in the cumulative consolidated period of the same quarter of the previous year, recovered, while steel market conditions remained firm. Revenue therefore rose by ¥197.1 billion, or 29.1%, to ¥873.7 billion, and segment profit rose by ¥28.2 billion to ¥41.9 billion.」
Compared with the previous fiscal year's lower sales volumes and deteriorating profitability at Group companies, the trading business's revenue and profit improvement continued through the third quarter, driven by recovering demand in Japan and overseas and firm steel market conditions. - FY2022-Q2Continued profit improvement due to recovering demand and rising market conditionsAnnual report
「In the trading business, the recovery in domestic and overseas steel demand, which had fallen sharply in the cumulative consolidated period of the same quarter of the previous year, and a sharp rise in global steel market conditions resulted in revenue of ¥544.4 billion, an increase of ¥92.7 billion, or 20.5%, and segment profit of ¥25.6 billion, an increase of ¥18.4 billion.」
The situation progressed from lower sales volumes and deteriorating profitability at Group companies to improved revenue and profit driven by recovering demand in Japan and overseas and rising steel market conditions. - FY2022-Q1Profit improvement due to recovering demand and rising market conditionsAnnual report
「In the trading business, the recovery in domestic and overseas steel demand, which had fallen sharply in the cumulative consolidated period of the same quarter of the previous year, and a sharp rise in global steel market conditions resulted in revenue of ¥261.6 billion, an increase of ¥23.6 billion, or 9.9%, and segment profit of ¥11.5 billion, an increase of ¥7.1 billion.」
Compared with the previous fiscal year's lower sales volumes and deteriorating profitability, segment profit increased by ¥7.1 billion year on year this quarter due to recovering demand in Japan and overseas and rising global steel market conditions. - FY2021Full-year profit declineAnnual report
「Full-year revenue was ¥932.5 billion, down ¥151.6 billion, or 14.0%, from the previous fiscal year. Segment profit was ¥20.0 billion, down ¥7.0 billion, or 25.6%, from the previous fiscal year.」
The impact of a sharp decline in demand and worsening market conditions remained in the full-year results, shifting the trading business from the previous fiscal year's improved selling prices and increased profitability at overseas Group companies to lower revenue and profit. - FY2021-Q3Recovery in second-half profit levelsAnnual report
「In the trading business, demand recovered in areas such as automobiles in the second half, and profit in the third-quarter consolidated accounting period was at the same level as in the previous year. However, the sharp decline in steel demand in the first half had a significant impact on results.」
In place of the previous fiscal year's lower sales volumes and deteriorating profitability at Group companies, profit levels this quarter recovered to approximately the year-earlier level due to recovering demand for automobiles and other products. - FY2021-Q2Profit decline due to lower demandAnnual report
「In the trading business, revenue fell to ¥451.7 billion, down ¥105.8 billion, or 19.0%, from the cumulative consolidated period of the same quarter of the previous year due to a sharp decline in steel demand. Segment profit fell by ¥7.4 billion to ¥7.2 billion as a result of lower revenue.」
Whereas improved selling prices and increased profitability at overseas Group companies had been reported through the previous fiscal year, the decline in steel demand and revenue were factors behind the profit decline this quarter. - FY2021-Q1Profit decline due to lower sales volumesAnnual report
「Segment profit was ¥4.4 billion, down ¥3.5 billion year on year, due to lower sales volumes in Japan and overseas.」
Whereas the previous fiscal year had cited improved selling prices and increased profitability at overseas Group companies, lower sales volumes in Japan and overseas were the factor behind the trading business's profit decline this quarter. - FY2020Continued deterioration in profitability at overseas Group companiesAnnual report
「Segment profit was ¥27.0 billion, down ¥8.7 billion, or 24.5%, from the previous fiscal year, due to lower revenue and deteriorating profitability at domestic and overseas Group companies as steel market conditions weakened toward the fiscal year-end.」
The situation shifted from improved selling prices and increased profitability at overseas Group companies through the previous fiscal year to deteriorating profitability at domestic and overseas Group companies as steel market conditions weakened. - FY2020-Q3Deteriorating profitability at overseas Group companiesAnnual report
「Segment profit was ¥21.2 billion, down ¥7.9 billion year on year, due to lower revenue and deteriorating profitability at domestic and overseas Group companies as steel market conditions weakened.」
The situation shifted from improved selling prices and increased profitability at overseas Group companies through the previous period to deteriorating profitability at domestic and overseas Group companies due to weaker steel market conditions, resulting in a ¥7.9 billion profit decline in the trading business. - FY2020-Q2Deteriorating profitability at overseas Group companiesAnnual report
「Segment profit was ¥14.6 billion, down ¥4.7 billion year on year, due to lower revenue and deteriorating profitability at domestic and overseas Group companies.」
Compared with the previous period, when improved selling prices and increased profitability at overseas Group companies had been reported, profit declined by ¥4.7 billion due to lower revenue and deteriorating profitability at domestic and overseas Group companies. - FY2020-Q1Lower profit despite improved selling pricesAnnual report
「Segment profit was ¥7.9 billion, down ¥2.3 billion year on year, due to falling steel market conditions in the United States and the impact of foreign exchange movements in emerging-market currencies.」
Despite improved selling prices, the trading business's profit declined by ¥2.3 billion due to weaker US steel market conditions and foreign exchange movements in emerging-market currencies. - FY2019AdvancedAnnual report
「Segment profit was ¥35.7 billion, up year on year, due to higher revenue and increased profitability at overseas Group companies, particularly in the United States.」
Higher selling prices, successful capture of demand and increased profitability at overseas Group companies, particularly in the United States, brought segment profit in the trading business to ¥35.7 billion. - FY2019-Q3AdvancedAnnual report
「In the trading business, revenue increased by ¥148.1 billion, or 10.5%, year on year to ¥1,558.6 billion, mainly due to improved selling prices in Japan and overseas. Ordinary profit was ¥28.4 billion, up ¥2.4 billion year on year, due to increased profitability at overseas Group companies and higher revenue.」
Improved selling prices in Japan and overseas, increased profitability at overseas Group companies and higher revenue drove continued revenue and profit growth in the trading business through the third quarter. - FY2019-Q2AdvancedAnnual report
「In the trading business, revenue increased by ¥102.0 billion, or 11.1%, year on year to ¥1,018.2 billion, mainly due to improved selling prices in Japan and overseas. Ordinary profit was ¥19.1 billion, up ¥2.9 billion year on year, due to increased profitability at overseas Group companies and higher revenue.」
Improved selling prices, increased profitability at overseas Group companies and higher revenue brought the trading business to revenue of ¥1,018.2 billion and ordinary profit of ¥19.1 billion. - FY2019-Q1AdvancedAnnual report
「In the trading business, revenue increased by ¥47.0 billion, or 10.1%, year on year to ¥512.1 billion, mainly due to improved selling prices in Japan and overseas. Ordinary profit was ¥10.1 billion, up ¥1.8 billion year on year, due to increased profitability at overseas Group companies and higher revenue.」
Improved selling prices in Japan and overseas and increased profitability at overseas Group companies brought the trading business to revenue of ¥512.1 billion and ordinary profit of ¥10.1 billion, resulting in higher revenue and profit. - FY2018AdvancedAnnual report
「Consolidated revenue increased year on year to ¥1,907.9 billion, driven by higher sales volumes and improved selling prices for steel products in Japan and overseas. Consolidated ordinary profit for the fiscal year was ¥33.0 billion, up year on year, due to higher revenue and improved profitability at domestic and overseas Group companies.」
Improved sales volumes and selling prices, together with improved profitability at domestic and overseas Group companies, brought the trading business to full-year revenue of ¥1,907.9 billion and ordinary profit of ¥33.0 billion. - FY2018-Q3AdvancedAnnual report
「In the trading business, revenue increased by ¥229.8 billion, or 19.5%, year on year to ¥1,410.5 billion, mainly due to higher sales volumes and improved prices. Ordinary profit was ¥26.0 billion, up ¥11.7 billion year on year, due to higher revenue and improved profitability at domestic and overseas Group companies.」
Improved sales volumes and prices, together with improved profitability at domestic and overseas Group companies, drove continued revenue and profit growth in the trading business through the third quarter. - FY2018-Q2AdvancedAnnual report
「In the trading business, revenue increased by ¥140.4 billion, or 18.1%, year on year to ¥916.2 billion, mainly due to improved selling prices. Ordinary profit was ¥16.2 billion, up ¥8.6 billion year on year, mainly due to improved profitability at overseas Group companies.」
Improved selling prices and profitability at overseas Group companies drove the trading business to revenue of ¥916.2 billion and ordinary profit of ¥16.2 billion, resulting in year-on-year increases in both revenue and profit. - FY2018-Q1First statedAnnual report
「In the trading business, revenue increased by ¥72.1 billion, or 18.3%, year on year to ¥465.1 billion, mainly due to improved selling prices. Ordinary profit was ¥8.3 billion, up ¥3.8 billion year on year, mainly due to improved profitability at overseas Group companies.」
The specific factors behind the trading business's improved performance were improved selling prices and improved profitability at overseas Group companies.