Declining Revenue and the Shift to Operating, Ordinary and Net Losses
First written in FY2017-Q1. 17 of 38 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-08-14.
S Crypto Energy moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2020: 19 of 39 companies on the "Worse" side.
12 other companies' latest entry also says "Worsened".
- 2026-08-14WorsenedEarnings
「In addition, the Company recorded a crypto-asset valuation loss of ¥325 million as a non-operating expense due to the fair-value measurement of the crypto assets it held. As a result, the ordinary loss was ¥512 million, compared with an ordinary loss of ¥102 million in the same period of the previous year, and the quarterly net loss was ¥513 million, compared with a quarterly net loss of ¥103 million.」
In addition to the operating loss, crypto-asset valuation losses caused the ordinary and quarterly net losses to increase from the same period of the previous year. - FY2026ReframedAnnual report
「Meanwhile, ordinary loss and net loss increased substantially, mainly because of the recognition of impairment losses on crypto assets. Ordinary loss was ¥2,524 million (ordinary loss of ¥295 million in the same period of the previous year), and net loss was ¥2,529 million (net loss of ¥96 million in the same period of the previous year).」
Although net sales increased 127.2% following the sale of real estate and the operating loss narrowed to ¥146 million, the earnings structure changed as ordinary loss and net loss expanded substantially due to crypto-asset valuation losses and other factors. - FY2026-H1RestatedAnnual report
「Under these circumstances, results for the interim accounting period were net sales of ¥359 million, an operating loss of ¥162 million, an ordinary loss of ¥265 million and an interim net loss of ¥267 million.」
Although no comparison with the previous interim accounting period was made because the company transitioned to non-consolidated financial statements, operating, ordinary and interim net losses continued. - FY2025WorsenedAnnual report
「For the fiscal year, revenue was ¥634 million, compared with ¥718 million in the previous year, and the operating loss was ¥292 million, compared with an operating loss of ¥311 million. The ordinary loss was ¥295 million, compared with ordinary income of ¥243 million in the previous year. However, gains on the sale of shares in a subsidiary of ¥206 million and other items were recorded as extraordinary income, resulting in a net loss of ¥96 million, compared with net income of ¥389 million in the previous year.」
Although simple year-on-year comparisons are limited because the company transitioned to non-consolidated financial statements, it reported an operating loss, ordinary loss and net loss for the period, turning from the ordinary profit and net profit reported in the previous year to losses. - FY2024ReframedAnnual report
「For the consolidated fiscal year, the group recorded revenue of ¥1,544 million, compared with ¥1,360 million in the previous year, and an operating loss of ¥278 million, compared with an operating loss of ¥117 million. However, gains on securities investments of ¥552 million and other items were recorded as non-operating income, resulting in ordinary income of ¥282 million, compared with an ordinary loss of ¥93 million in the previous year. Gains on sales of investment securities of ¥147 million and other items were recorded as extraordinary income, resulting in net income attributable to owners of the parent of ¥426 million, compared with a net loss of ¥105 million in the previous year.」
Revenue increased, while the operating loss widened. Non-operating gains on securities investments and gains on sales of investment securities, among other items, resulted in ordinary income and net income attributable to owners of the parent, changing the composition between operating results and the profit levels below operating income. - FY2024-Q3ReframedAnnual report
「Under these circumstances, for the cumulative third-quarter consolidated period, the group recorded revenue of ¥1,275 million, up 32.4% from the same quarter of the previous year, an operating loss of ¥175 million, compared with an operating loss of ¥83 million, ordinary income of ¥380 million, compared with an ordinary loss of ¥59 million, and quarterly net income attributable to owners of the parent of ¥526 million, compared with a quarterly net loss of ¥70 million.」
Revenue increased, while the operating loss widened. Significant gains on securities investments and other items resulted in ordinary income and quarterly net income attributable to owners of the parent, further separating operating results from the profit levels below operating income. - FY2024-Q2ReframedAnnual report
「For the cumulative second-quarter consolidated period, revenue was ¥936 million, up 42.0% from ¥659 million in the previous year, and the operating loss was ¥85 million, compared with an operating loss of ¥46 million. Ordinary income was ¥235 million, compared with an ordinary loss of ¥31 million in the previous year, and quarterly net income attributable to owners of the parent was ¥379 million, compared with a quarterly net loss attributable to owners of the parent of ¥40 million.」
Revenue increased 42.0%, but the operating loss widened. Meanwhile, gains on securities investments and sales, among other items, resulted in ordinary income and quarterly net income attributable to owners of the parent, changing the composition between operating results and the profit levels below operating income. - FY2024-Q1ReframedAnnual report
「Under these circumstances, for the cumulative first-quarter consolidated period, revenue was ¥446 million, up 31.1% from ¥340 million in the previous year, and the operating loss was ¥59 million, compared with an operating loss of ¥34 million. Dividend income of ¥8 million and gains on securities investments of ¥120 million were recorded as non-operating income, resulting in ordinary income of ¥69 million, compared with an ordinary loss of ¥28 million in the previous year. A gain on the sale of investment securities of ¥147 million was recorded as extraordinary income, resulting in quarterly net income attributable to owners of the parent of ¥213 million, compared with a quarterly net loss attributable to owners of the parent of ¥31 million.」
Revenue increased, while the operating loss widened. Dividend income, gains on securities investments and gains on sales of investment securities resulted in ordinary income and quarterly net income attributable to owners of the parent. - FY2023AdvancedAnnual report
「For the consolidated fiscal year, the group recorded revenue of ¥1,360 million, up from ¥1,155 million in the previous year, and an operating loss of ¥117 million, compared with an operating loss of ¥259 million. Dividend income of ¥14 million and other items were recorded as non-operating income, resulting in an ordinary loss of ¥93 million, compared with an ordinary loss of ¥230 million in the previous year. Due in part to a ¥6 million loss on disposal of fixed assets recorded as an extraordinary loss, the net loss attributable to owners of the parent was ¥105 million, compared with a net loss of ¥329 million in the previous year.」
Revenue increased 17.7% year on year, and the operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed from the previous year. However, the company did not achieve profitability for the full year. - FY2023-Q3AdvancedAnnual report
「Under these circumstances, for the cumulative third-quarter consolidated period, the group recorded revenue of ¥963 million, up 28.2% from the same quarter of the previous year, an operating loss of ¥83 million, compared with an operating loss of ¥229 million, an ordinary loss of ¥59 million, compared with an ordinary loss of ¥212 million, and a quarterly net loss attributable to owners of the parent of ¥70 million, compared with a quarterly net loss of ¥217 million.」
Revenue increased 28.2% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed substantially from the previous year. However, losses remained at each stage. - FY2023-Q2AdvancedAnnual report
「Under these circumstances, for the cumulative second-quarter consolidated period, revenue was ¥659 million, up 46.1% from ¥451 million in the previous year, the operating loss was ¥46 million, compared with an operating loss of ¥130 million, the ordinary loss was ¥31 million, compared with an ordinary loss of ¥121 million, and the quarterly net loss attributable to owners of the parent was ¥40 million, compared with a quarterly net loss attributable to owners of the parent of ¥124 million.」
Revenue increased 46.1% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the previous year. However, losses remained at each stage. - FY2023-Q1AdvancedAnnual report
「Under these circumstances, for the cumulative first-quarter consolidated period, revenue was ¥340 million, up 69.2% from ¥201 million in the previous year, the operating loss was ¥34 million, compared with an operating loss of ¥83 million, the ordinary loss was ¥28 million, compared with an ordinary loss of ¥79 million, and the quarterly net loss attributable to owners of the parent was ¥31 million, compared with a quarterly net loss attributable to owners of the parent of ¥81 million.」
Revenue increased 69.2% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the previous year. However, losses remained at each stage. - FY2022-Q3WorsenedAnnual report
「Under these circumstances, for the cumulative third-quarter consolidated period, the group recorded revenue of ¥751 million, down 10.9% from the same quarter of the previous year, an operating loss of ¥229 million, compared with an operating loss of ¥183 million, an ordinary loss of ¥212 million, compared with an ordinary loss of ¥150 million, and a quarterly net loss attributable to owners of the parent of ¥217 million, compared with a quarterly net loss of ¥156 million.」
Revenue declined 10.9% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the previous year. - FY2022-Q2WorsenedAnnual report
「Under these circumstances, for the cumulative second-quarter consolidated period, revenue was ¥451 million, down 13.4% from ¥521 million in the previous year, the operating loss was ¥130 million, compared with an operating loss of ¥133 million, the ordinary loss was ¥121 million, compared with an ordinary loss of ¥105 million, and the quarterly net loss attributable to owners of the parent was ¥124 million, compared with a quarterly net loss attributable to owners of the parent of ¥110 million.」
Revenue declined 13.4% year on year. Although the operating loss narrowed slightly, the ordinary loss and quarterly net loss attributable to owners of the parent widened from the previous year. - FY2022-Q1WorsenedAnnual report
「Under these circumstances, for the cumulative first-quarter consolidated period, revenue was ¥201 million, down 12% from ¥228 million in the previous year, the operating loss was ¥83 million, compared with an operating loss of ¥75 million, the ordinary loss was ¥79 million, compared with an ordinary loss of ¥61 million, and the quarterly net loss attributable to owners of the parent was ¥81 million, compared with a quarterly net loss attributable to owners of the parent of ¥63 million.」
Revenue declined 12% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent widened from the previous year. - FY2021WorsenedAnnual report
「Under these circumstances, for the consolidated fiscal year, the group recorded revenue of ¥1,081 million and an operating loss of ¥239 million. Valuation gains on securities of ¥46 million, dividend income of ¥7 million and other items totaling ¥68 million were recorded as non-operating income, resulting in an ordinary loss of ¥172 million. Although settlement proceeds of ¥1 million were recorded as extraordinary income, an ¥88 million loss related to impairment accounting for the remodeling-related business and a ¥3 million valuation loss on shares of a subsidiary were recorded as extraordinary losses, resulting in a net loss attributable to owners of the parent of ¥269 million.」
In the first full year following consolidation, the company recorded an operating loss of ¥239 million, an ordinary loss of ¥172 million and a net loss attributable to owners of the parent of ¥269 million, confirming losses for the full year. - FY2021-Q3WorsenedAnnual report
「Under these circumstances, for the cumulative third-quarter consolidated period, revenue was ¥843 million, the operating loss was ¥183 million, the ordinary loss was ¥150 million, and the quarterly net loss attributable to owners of the parent was ¥156 million.」
Revenue increased from the cumulative second-quarter consolidated period, while the operating loss was ¥183 million, the ordinary loss was ¥150 million and the quarterly net loss attributable to owners of the parent was ¥156 million, with losses continuing and widening. - FY2021-Q2RestatedAnnual report
「Under these circumstances, for the cumulative second-quarter consolidated period, revenue was ¥521 million, the operating loss was ¥133 million, the ordinary loss was ¥105 million, and the quarterly net loss attributable to owners of the parent was ¥110 million.」
Although revenue was recorded on a consolidated basis, the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent continued. - FY2021-Q1RestatedAnnual report
「Under these circumstances, for the cumulative first-quarter consolidated period, revenue was ¥228 million, the operating loss was ¥75 million, the ordinary loss was ¥61 million, and the quarterly net loss attributable to owners of the parent was ¥63 million.」
Although revenue was recorded on a consolidated basis, the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent continued. - FY2020WorsenedAnnual report
「For the fiscal year, revenue was ¥587 million, compared with ¥1,084 million in the previous year, the operating loss was ¥285 million, compared with an operating loss of ¥139 million, and the ordinary loss was ¥293 million, compared with an ordinary loss of ¥118 million. Gains on sales of investment securities and other items totaling ¥456 million were recorded as extraordinary income, resulting in net income of ¥117 million, compared with a net loss of ¥145 million in the previous year.」
Revenue declined 45.8%, and the operating loss and ordinary loss widened. Meanwhile, gains on sales of investment securities and other items turned net income positive. - FY2020-Q3WorsenedAnnual report
「Under these circumstances, for the cumulative third-quarter period, revenue was ¥454 million, down 51.9% from the same quarter of the previous year, and the operating loss was ¥167 million, compared with an operating loss of ¥69 million in the same quarter of the previous year. The ordinary loss was ¥143 million, compared with an ordinary loss of ¥63 million in the same quarter of the previous year. Due to a ¥13 million valuation loss on shares of a subsidiary recorded as an extraordinary loss, the quarterly net loss was ¥162 million, compared with a quarterly net loss of ¥88 million in the same quarter of the previous year.」
Revenue fell 51.9% year on year, and the operating loss, ordinary loss and quarterly net loss all widened from the previous year. - FY2020-Q2WorsenedAnnual report
「For the cumulative second-quarter period, revenue was ¥303 million, down 58.0% from the same quarter of the previous year, and the operating loss was ¥109 million, compared with operating income of ¥25 million in the same quarter of the previous year. Interest and dividend income of ¥4 million, rental income of ¥3 million and other items were recorded as non-operating income, resulting in an ordinary loss of ¥102 million, compared with ordinary income of ¥60 million in the same quarter of the previous year. Due to a ¥13 million valuation loss on shares of a subsidiary recorded as an extraordinary loss, the quarterly net loss was ¥119 million, compared with quarterly net income of ¥47 million in the same quarter of the previous year.」
Revenue fell 58.0% year on year, and operating, ordinary and quarterly net results all turned from profits in the previous year to losses. - FY2020-Q1WorsenedAnnual report
「Under these circumstances, for the cumulative first-quarter period, revenue was ¥158 million, down 68.8% from the previous year, and the operating loss was ¥59 million, compared with operating income of ¥100 million in the previous year. The ordinary loss was ¥66 million, compared with ordinary income of ¥124 million in the previous year. Due to a ¥13 million valuation loss on shares of a subsidiary recorded as an extraordinary loss, the quarterly net loss was ¥81 million, compared with quarterly net income of ¥105 million in the previous year.」
Revenue fell 68.8% year on year, and operating, ordinary and net results all turned from profits in the previous year to losses. - FY2019AdvancedAnnual report
「For the fiscal year, revenue was ¥1,084 million, compared with ¥1,045 million in the previous year, and the operating loss was ¥139 million, compared with an operating loss of ¥309 million in the previous year. The ordinary loss was ¥118 million, compared with an ordinary loss of ¥267 million in the previous year, and the net loss was ¥145 million, compared with a net loss of ¥273 million in the previous year.」
Revenue increased 3.7%, and the operating loss, ordinary loss and net loss all narrowed from the previous year. However, losses at each stage continued for the full year. - FY2019-Q3AdvancedAnnual report
「Under these circumstances, for the cumulative third-quarter period, revenue was ¥945 million, up 12.4% from the same quarter of the previous year, and the operating loss was ¥69 million, compared with an operating loss of ¥247 million in the same quarter of the previous year. The ordinary loss was ¥63 million, compared with an ordinary loss of ¥202 million in the same quarter of the previous year. Due to a ¥20 million impairment loss recorded as an extraordinary loss, the quarterly net loss was ¥88 million, compared with a quarterly net loss of ¥207 million in the same quarter of the previous year.」
Revenue increased 12.4%, and the operating loss, ordinary loss and quarterly net loss all narrowed from the previous year. However, losses at each stage and the impairment loss remained. - FY2019-Q2AdvancedAnnual report
「For the cumulative second-quarter period, revenue was ¥722 million, up 27.3% from the same quarter of the previous year, and operating income was ¥25 million, compared with an operating loss of ¥168 million in the same quarter of the previous year. Interest and dividend income and other items totaling ¥26 million were recorded as non-operating income, resulting in ordinary income of ¥60 million, compared with an ordinary loss of ¥139 million in the same quarter of the previous year. Quarterly net income was ¥47 million, compared with a quarterly net loss of ¥143 million in the same quarter of the previous year.」
Revenue increased, and operating, ordinary and quarterly net results all turned from losses in the previous year to profits. - FY2019-Q1AdvancedAnnual report
「Under these circumstances, for the cumulative first-quarter period, revenue was ¥508 million, up 134.3% from the previous year, and operating income was ¥100 million, compared with an operating loss of ¥82 million in the previous year. Interest and dividend income and other items totaling ¥25 million were recorded as non-operating income, resulting in ordinary income of ¥124 million, compared with an ordinary loss of ¥62 million in the previous year, and quarterly net income of ¥105 million, compared with a quarterly net loss of ¥64 million.」
Revenue increased 134.3% year on year, and operating, ordinary and quarterly net results all turned from losses in the previous year to profits. - FY2018WorsenedAnnual report
「For the fiscal year, revenue was ¥1,045 million, compared with ¥1,306 million in the previous year, and the operating loss was ¥309 million, compared with an operating loss of ¥92 million in the previous year. The ordinary loss was ¥267 million, compared with ordinary income of ¥25 million in the previous year, and the net loss was ¥273 million, compared with net income of ¥44 million in the previous year.」
Full-year revenue declined, and the operating loss widened from ¥92 million to ¥309 million. The company moved from ordinary income and net income to an ordinary loss and net loss. - FY2018-Q3WorsenedAnnual report
「Under these circumstances, for the cumulative third-quarter period, revenue was ¥841 million, up 34.0% from the same quarter of the previous year, and the operating loss was ¥247 million, compared with an operating loss of ¥215 million in the same quarter of the previous year. Interest and dividend income of ¥17 million and a valuation gain on securities of ¥25 million, among other items, were recorded as non-operating income, resulting in an ordinary loss of ¥202 million, compared with an ordinary loss of ¥135 million in the same quarter of the previous year. The quarterly net loss was ¥207 million, compared with a quarterly net loss of ¥103 million in the same quarter of the previous year.」
Revenue increased 34.0%, while the operating loss, ordinary loss and quarterly net loss all widened from the same quarter of the previous year. - FY2018-Q2WorsenedAnnual report
「For the cumulative second-quarter period, revenue was ¥567 million, up 37.7% from the same quarter of the previous year, and the operating loss was ¥168 million, compared with an operating loss of ¥153 million in the same quarter of the previous year. Interest and dividend income of ¥15 million and a valuation gain on securities of ¥11 million, among other items, were recorded as non-operating income, resulting in an ordinary loss of ¥139 million, compared with an ordinary loss of ¥115 million in the same quarter of the previous year. The quarterly net loss was ¥143 million, compared with a quarterly net loss of ¥81 million in the same quarter of the previous year.」
Revenue increased 37.7%, but the operating loss, ordinary loss and quarterly net loss all widened from the same quarter of the previous year. - FY2018-Q1AdvancedAnnual report
「Under these circumstances, for the cumulative first-quarter period, revenue was ¥217 million, up 9.3% from the previous year, and the operating loss was ¥82 million, compared with an operating loss of ¥91 million in the previous year. Interest and dividend income of ¥13 million and a valuation gain on securities of ¥3 million, among other items, were recorded as non-operating income, resulting in an ordinary loss of ¥62 million, compared with an ordinary loss of ¥80 million in the previous year, and a quarterly net loss of ¥64 million, compared with a quarterly net loss of ¥83 million.」
Revenue increased 9.3% year on year, and the operating loss, ordinary loss and quarterly net loss all narrowed from the previous year. However, losses remained at each stage. - FY2017ReframedAnnual report
「Under these circumstances, for the fiscal year, revenue was ¥1,306 million, compared with ¥1,997 million in the previous year, and the company posted an operating loss of ¥92 million, compared with operating income of ¥185 million in the previous year. Ordinary income was ¥25 million, compared with ordinary income of ¥225 million in the previous year, and net income was ¥44 million, compared with net income of ¥192 million in the previous year.」
Although the decline in revenue and operating loss continued, the company recorded ordinary income and net income for the full year, changing the earnings mix from the quarterly ordinary loss and net loss. - FY2017-Q3WorsenedAnnual report
「Under these circumstances, for the cumulative third-quarter period, revenue was ¥627 million, down 46.6% from the same quarter of the previous year, and the operating loss was ¥215 million, compared with an operating loss of ¥138 million in the same quarter of the previous year. Interest and dividend income of ¥35 million and valuation gains on securities of ¥35 million, among other items, resulted in ¥80 million of non-operating income, but the ordinary loss was ¥135 million, compared with an ordinary loss of ¥101 million in the same quarter of the previous year. In addition, the partial sale of shares in an affiliated company resulted in a ¥38 million gain on sale of shares recorded as extraordinary income, resulting in a quarterly net loss of ¥103 million, compared with a quarterly net loss of ¥111 million in the same quarter of the previous year.」
Revenue fell 46.6% from the same quarter of the previous year, and the operating loss and ordinary loss both widened. The quarterly net loss improved slightly from the same quarter of the previous year. - FY2017-Q2WorsenedAnnual report
「For the cumulative second-quarter period, revenue was ¥412 million, down 56.3% from the same quarter of the previous year, and the operating loss was ¥153 million, compared with an operating loss of ¥55 million in the same quarter of the previous year. Although interest and dividend income and other items totaling ¥38 million were recorded as non-operating income, the ordinary loss was ¥115 million, compared with an ordinary loss of ¥46 million in the same quarter of the previous year. In addition, the partial sale of shares in an affiliated company resulted in a ¥38 million gain on sale of shares recorded as extraordinary income, resulting in a quarterly net loss of ¥81 million, compared with a quarterly net loss of ¥54 million in the same quarter of the previous year.」
Revenue fell 56.3% year on year, and the operating loss, ordinary loss and quarterly net loss all worsened compared with the same quarter of the previous year. - FY2017-Q1First statedAnnual report
「For the cumulative first-quarter period, revenue was ¥198 million, down 55.3% year on year, and the operating loss was ¥91 million, compared with an operating loss of ¥34 million in the same period of the previous year. Interest and dividend income of ¥20 million was recorded as non-operating income, while a ¥11 million valuation loss on securities was recorded as a non-operating expense, among other items. As a result, the ordinary loss was ¥80 million, compared with ordinary income of ¥7 million in the same period of the previous year, and the quarterly net loss was ¥83 million, compared with quarterly net income of ¥5 million.」
The company moved from ordinary income and quarterly net income in the same period of the previous year to an ordinary loss and quarterly net loss in the current quarter.