Improving the company’s substance and financial soundness, resilient to economic conditions
First written in FY2016. 15 of 41 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 9 of 34 companies on the "Worse" side.
13 other companies' latest entry also says "Other".
- FY2027-H1Revenue and profit declined in the interim period, but the equity ratio improvedAnnual report
「As a result, net sales for the interim consolidated accounting period were ¥13,213 million, down 6.7% year on year; operating profit was ¥816 million, down 33.8%; ordinary profit was ¥925 million, down 29.8%; and interim net profit attributable to owners of the parent was ¥810 million, down 35.2%.」
Revenue and profit declined in the interim period, while the equity ratio improved to 66.2% from 59.9% in the year-earlier period. - FY2026ReframedAnnual report
「Accordingly, we regard improvements in ordinary profit and equity as important factors and aim to consistently achieve an ROE of at least 8.0% as a management indicator.」
The management indicators were changed from the former targets of a 5% ordinary profit margin on net sales and a 50% equity ratio to the stable achievement of ROE of 8.0% or higher. ROE was 13.0% for the fiscal year, while the ordinary profit margin on net sales was 9.8% and the equity ratio was 68.5%. - FY2026-H1Revenue and profit decline, but equity ratio improvedAnnual report
「Against this backdrop, the Group has advanced the rebuilding of a stronger management foundation based on changes in the external environment, while reorganizing its business and product portfolio through the selective allocation and concentration of management resources for the next growth phase.」
For the interim period, net sales were ¥14,168 million, operating profit was ¥1,232 million and ordinary profit was ¥1,318 million, representing year-on-year declines in revenue and profit. Meanwhile, the equity ratio improved to 59.9%, maintaining a level above the former 50% target. - FY2025-H1AdvancedAnnual report
「Under these circumstances, the Group has worked to optimize the Group as a whole, strengthen synergies and improve earnings by continuing to rebuild a robust management base in anticipation of changes in the external environment and pursuing structural reforms aimed at the next growth phase. As a result, revenue for the six months ended 30 September was ¥14.83 billion, up 7.5% year on year, operating profit was ¥1.513 billion, up 54.3%, ordinary profit was ¥1.522 billion, up 45.5%, and interim net income attributable to owners of the parent was ¥1.009 billion, up 54.0%.」
Amid structural reform, group-wide optimization and stronger synergies, operating profit, ordinary profit and interim net profit attributable to owners of the parent for the interim period exceeded the year-earlier levels. The equity ratio also rose to 56.8%, maintaining a level above the former 50% target. - FY2025-Q1AdvancedAnnual report
「As a result, net sales for the first quarter of the fiscal year under review were ¥7,040 million, up 14.0% year on year; operating profit was ¥731 million, up 168.6%; ordinary profit was ¥768 million, up 161.8%; and quarterly net profit attributable to owners of the parent was ¥515 million, up 220.8%.」
For the first quarter, revenue and profit increased substantially, and the equity ratio was 56.0%. Levels remained above the former targets of a 5% ordinary profit margin on net sales and a 50% equity ratio. - FY2024AchievedAnnual report
「Our management targets are a 5% ordinary profit margin on net sales and an equity ratio of 50%. For the consolidated fiscal year, the ordinary profit margin on net sales was 7.9%, up 1.3 percentage points from the previous fiscal year, while the equity ratio was 56.1%, up 4.0 percentage points.」
The ordinary profit margin on net sales was 7.9% and the equity ratio was 56.1%, exceeding the former targets of 5% and 50%, respectively. - FY2024-Q3AdvancedAnnual report
「As a result, net sales for the first nine months of the fiscal year under review were ¥22,602 million, up 6.4% year on year; operating profit was ¥2,191 million, up 32.9%; ordinary profit was ¥2,315 million, up 31.6%; and quarterly net profit attributable to owners of the parent was ¥1,510 million, up 25.6%.」
For the first nine months, net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent exceeded the year-earlier levels. The equity ratio also rose to 53.4%, exceeding the former 50% target. - FY2024-Q2AdvancedAnnual report
「As a result, net sales for the first six months of the fiscal year under review were ¥13,795 million, up 8.4% year on year; operating profit was ¥980 million, up 51.2%; ordinary profit was ¥1,046 million, up 44.7%; and quarterly net profit attributable to owners of the parent was ¥655 million, up 35.9%.」
Revenue and profit increased for the first six months, and the equity ratio rose to 51.1%, exceeding the former 50% target. - FY2024-Q1Revenue and profit growth, with equity ratio declining near targetAnnual report
「As a result, net sales for the first quarter of the fiscal year under review were ¥6,175 million, up 13.7% year on year; operating profit was ¥272 million, up 127.0%; ordinary profit was ¥293 million, up 118.7%; and quarterly net profit attributable to owners of the parent was ¥160 million, up 113.8%.」
In the first quarter, net sales, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent exceeded the year-earlier levels. Meanwhile, the equity ratio declined to 49.9% from 52.1% at the end of the previous consolidated fiscal year, falling slightly below the former 50% target. - FY2023-Q3AdvancedAnnual report
「As a result, net sales for the first nine months of the fiscal year under review were ¥21,242 million, compared with ¥19,150 million in the year-earlier period; operating profit was ¥1,649 million, compared with ¥1,123 million; ordinary profit was ¥1,759 million, compared with ¥1,220 million; and quarterly net profit attributable to owners of the parent was ¥1,202 million, compared with ¥740 million. / Equity ratio (%) 50.0」
For the first nine months, net sales, operating profit, ordinary profit and net profit exceeded the year-earlier period, and the equity ratio reached 50.0%. Of the previous targets of a 5% ordinary profit margin on net sales and a 50% equity ratio, the equity ratio reached its target level, while the ordinary profit margin was approximately 8.3%. - FY2023-Q2Revenue growth and operating profit decline, with net profit up and equity ratio down from the previous fiscal year-endAnnual report
「As a result, net sales for the first six months of the fiscal year under review were ¥12,728 million, compared with ¥12,227 million in the year-earlier period; operating profit was ¥648 million, compared with ¥686 million; ordinary profit was ¥723 million, compared with ¥754 million; and quarterly net profit attributable to owners of the parent was ¥482 million, compared with ¥443 million.」
Net sales and quarterly net profit attributable to owners of the parent exceeded the year-earlier period, while operating profit and ordinary profit fell below it. The equity ratio was 47.0%, below 48.6% at the end of the previous consolidated fiscal year, and the 50% target remained unmet. - FY2023-Q1Revenue and profit decline, equity ratio declineAnnual report
「As a result, net sales for the first quarter of the fiscal year under review were ¥5,429 million, compared with ¥5,513 million in the year-earlier quarter; operating profit was ¥120 million, compared with ¥325 million; ordinary profit was ¥134 million, compared with ¥352 million; and quarterly net profit attributable to owners of the parent was ¥75 million, compared with ¥203 million. / Equity ratio (%) 46.8」
Net sales, operating profit, ordinary profit and quarterly net profit declined from the year-earlier quarter, while the equity ratio fell to 46.8% from 48.6% at the end of the previous consolidated fiscal year. - FY2022Profitability metrics declined and equity ratio improved, but both targets remained unmetAnnual report
「For the consolidated fiscal year, the ordinary profit margin on net sales was 4.9%, down 1.4 percentage points from the previous fiscal year, while the equity ratio was 48.6%, up 1.0 percentage point.」
The ordinary profit margin on net sales declined to 4.9%, below the 5% target, and the equity ratio improved to 48.6% but remained below the 50% target. - FY2022-Q3Revenue and profit decline, equity ratio target unmetAnnual report
「In fiscal 2021, the final year of the medium-term management plan, we are further deepening our initiatives based on the policies set out in the plan and seeking to rebuild a robust management foundation on the assumption that the external environment will change. As a group, we are working toward the next stage of growth centered on “beauty, food and living” by pursuing customer value through the integration of manufacturing and services, developing new products and designing services based on changes in demand, and creating new businesses. As a result, net sales for the first nine months of the fiscal year under review were ¥19,150 million, down 2.3% year on year; operating profit was ¥1,123 million, down 33.5%; ordinary profit was ¥1,220 million, down 31.9%; and quarterly net profit attributable to owners of the parent was ¥740 million, down 34.1%.」
While continuing initiatives in the final year of the medium-term management plan, net sales, operating profit, ordinary profit and quarterly net profit all fell below the year-earlier levels. The equity ratio was 46.6%, below the 50% target. - FY2022-Q2Revenue growth but profit decline, with equity ratio improved but target unmetAnnual report
「As a result, net sales for the first six months of the fiscal year under review were ¥12,227 million, up 1.9% year on year; operating profit was ¥686 million, down 15.3%; ordinary profit was ¥754 million, down 13.1%; and quarterly net profit attributable to owners of the parent was ¥443 million, down 10.9%. / Equity ratio (%) 46.8」
Net sales increased 1.9% year on year, while operating profit, ordinary profit and net profit all declined. The equity ratio improved to 46.8% but remained below the 50% target. - FY2022-Q1Revenue and profit growth, with equity ratio improved but target unmetAnnual report
「As a result, net sales for the first quarter of the fiscal year under review were ¥5,513 million, up 6.1% year on year; operating profit was ¥325 million, up 5.0%; ordinary profit was ¥352 million, up 7.3%; and quarterly net profit attributable to owners of the parent was ¥203 million, up 33.4%.」
Quarterly net sales, operating profit, ordinary profit and net profit all exceeded the year-earlier levels. The equity ratio improved to 47.2% from 45.1% in the year-earlier period, but remained below the 50% target. - FY2021Profitability metrics exceeded targets, but equity ratio target remained unmetAnnual report
「Our management targets are a 5% ordinary profit margin on net sales and an equity ratio of 50%. For the consolidated fiscal year, the ordinary profit margin on net sales was 6.3%, up 2.0 percentage points year on year, while the equity ratio was 47.6%, up 1.7 percentage points.」
The ordinary profit margin on net sales exceeded the 5% target, while the equity ratio improved from the previous fiscal year but remained below the 50% target. - FY2021-Q3Profit improvement, but equity ratio target still unmetAnnual report
「We also worked to streamline production and achieve further cost reductions in an effort to secure earnings. As a result, for the nine-month period ended 31 December, consolidated net sales were ¥19,604 million, up 2.1% year on year, operating profit was ¥1,690 million, up 26.1%, ordinary profit was ¥1,791 million, up 31.1%, and profit attributable to owners of the parent was ¥1,124 million, up 36.1%.」
Operating profit, ordinary profit and quarterly net profit exceeded the year-earlier levels amid production rationalization and cost reductions. Meanwhile, the equity ratio remained below the 50% target at 45.7%. - FY2021-Q2Quarterly profit improved, but the equity-ratio target remains unmetAnnual report
「As a result, revenue for the six months ended 30 September was ¥12.002 billion, up 0.8% year on year; operating profit was ¥811 million, up 29.7%; ordinary profit was ¥867 million, up 34.1%; and profit attributable to owners of the parent was ¥497 million, up 34.1%. / Equity ratio (%) 44.3」
Operating profit, ordinary profit and quarterly net profit improved year on year, while the equity ratio remained below the 50% target at 44.3%. - FY2021-Q1Quarterly profit improved, but the equity-ratio target was not achievedAnnual report
「Revenue for the three months ended 30 June was ¥5.194 billion, up 0.3% year on year; operating profit was ¥310 million, up 19.3%; ordinary profit was ¥328 million, up 24.8%; and profit attributable to owners of the parent was ¥152 million, up 16.7%. / Equity ratio (%) 45.1」
Quarterly operating profit, ordinary profit, and net profit exceeded the year-earlier period. The equity ratio was 45.1%, however, and remained below the 50% target. - FY2020Neither the profitability target nor the equity-ratio target was achievedAnnual report
「We have set targets of a 5% ordinary profit margin and a 50% equity ratio as management indicators. In the current fiscal year, the ordinary profit margin was 4.3%, down 0.7 percentage points from the previous fiscal year, while the equity ratio was 45.9%, up 0.3 percentage points.」
The ordinary profit margin was 4.3% and the equity ratio was 45.9%, below the stated targets of 5% and 50%, respectively. - FY2020-Q3Revenue increased but profit declined; net profit fell sharply, and the equity-ratio target remains unmetAnnual report
「Under these circumstances, the Group launched a medium-term management plan beginning this fiscal year. It reorganized its business divisions around “Beauty, Food and Housing,” sought to optimize its nationwide network and Group companies as a whole, and worked to generate synergies. It also pursued product development aimed at becoming a manufacturer that customers cannot do without, rather than merely a manufacturer that stays close to its customers, and pursued customer value through the integration of manufacturing and services, while implementing various measures to achieve its targets. As a result, revenue for the nine months ended 31 December was ¥19.26 billion, up 4.3% year on year, operating profit was ¥1.340 billion, down 1.9%, ordinary profit was ¥1.366 billion, down 4.2%, and net income attributable to owners of the parent was ¥826 million, down 20.8%.」
While continuing business reorganization, Group-wide optimization, and synergy creation under the Medium-Term Management Plan, revenue increased, but operating profit, ordinary profit, and profit attributable to owners of the parent fell below the year-earlier period. The equity ratio was 44.7%, remaining below the 50% target. - FY2020-Q2Net profit declined despite higher revenue and profit; equity-ratio target remains unmetAnnual report
「Against this backdrop, our Group launched a Medium-Term Management Plan beginning in the current fiscal year. We reorganized the business divisions around “beauty, food and living,” sought to optimize the nationwide network and Group companies as a whole, and worked to create synergies. As a result, revenue for the six months ended 30 September was ¥11.912 billion, up 8.5% year on year; operating profit was ¥625 million, up 11.5%; ordinary profit was ¥646 million, up 10.8%; and profit attributable to owners of the parent was ¥371 million, down 24.2%.」
While advancing the Medium-Term Management Plan and business reorganization, revenue, operating profit, and ordinary profit increased, whereas profit attributable to owners of the parent declined. The equity ratio was 43.7%, remaining below the 50% target. - FY2020-Q1Profit declined despite higher revenue; equity-ratio target remains unmetAnnual report
「Against this backdrop, our Group launched a Medium-Term Management Plan beginning in the current fiscal year. We reorganized the business divisions around “beauty, food and living,” sought to optimize the nationwide network and Group companies as a whole, and worked to develop and strengthen the management foundation for sustainable growth, including ongoing cost reductions and improvements to our IT infrastructure, production lines, and employee training. / As a result, revenue for the three months ended 30 June was ¥5.180 billion, up 9.0% year on year; operating profit was ¥260 million, down 16.7%; ordinary profit was ¥263 million, down 19.4%; and profit attributable to owners of the parent was ¥130 million, down 29.4%.」
While advancing management-foundation initiatives under the Medium-Term Management Plan, revenue increased, but operating profit, ordinary profit, and quarterly net profit fell below the year-earlier period. The equity ratio was 44.2%, and remained below the 50% target. - FY2019Profitability target achieved, equity-ratio target missedAnnual report
「The ordinary profit margin on sales for the current consolidated fiscal year was 5.0%, an increase of 0.8 percentage points from the previous fiscal year, while the equity ratio was 45.2%, a decrease of 6.4 percentage points. Having recognized the situation for the current consolidated fiscal year, we will continue working to achieve the targets for these indicators.」
The ordinary profit margin reached the 5% target, while the equity ratio fell below the 50% target, resulting in mixed performance against the two targets. - FY2019-Q3AdvancedAnnual report
「Under these circumstances, the Group, which celebrates its 70th anniversary this fiscal year, has undertaken company-wide reforms aimed at entering a new growth phase. Following the establishment of the corporate slogan “That’s one way to do it! One step ahead.”, it renewed its corporate philosophy to unify the Group’s mission, values and principles. It has also sought to expand its business scope by deepening existing businesses and expanding into adjacent fields, while pursuing company-wide reforms to achieve sustainable growth and higher corporate value over the medium to long term. As a result, revenue for the nine months ended 31 December was ¥18.42 billion, up 15.2% year on year, operating profit was ¥1.367 billion, up 13.1%, ordinary profit was ¥1.425 billion, up 17.7%, and net income attributable to owners of the parent was ¥1.042 billion, up 33.1%.」
While renewing the corporate philosophy, deepening existing businesses, and expanding into adjacent fields, revenue, operating profit, ordinary profit, and profit attributable to owners of the parent exceeded the year-earlier period. - FY2019-Q2Net profit increased despite higher revenue and lower profitAnnual report
「Against this backdrop, our Group, which celebrates its 70th anniversary this year, worked to return to the roots of manufacturing, develop products from the customer’s perspective, and improve service quality in order to move into a new growth phase. We also further deepened our core technical capabilities, strengthened their application in adjacent fields, and focused on developing personnel to support the realization of higher corporate value over the medium to long term and sustainable growth. As a result, revenue for the six months ended 30 September was ¥10.979 billion, up 9.8% year on year; operating profit was ¥561 million, down 22.0%; ordinary profit was ¥583 million, down 18.6%; and profit attributable to owners of the parent was ¥489 million, up 10.1%.」
While continuing initiatives aimed at a new growth phase, revenue increased, operating profit and ordinary profit declined, and profit attributable to owners of the parent increased. - FY2019-Q1AdvancedAnnual report
「Against this backdrop, our Group worked to strengthen the earnings base by returning to the roots of manufacturing, developing products from the customer’s perspective, improving service quality, reducing costs, and raising productivity. We also focused on developing personnel to support the realization of higher corporate value over the medium to long term and sustainable growth. As a result, revenue for the three months ended 30 June was ¥4.754 billion, up 10.1% year on year; operating profit was ¥312 million, up 10.3%; ordinary profit was ¥327 million, up 16.7%; and profit attributable to owners of the parent was ¥185 million, up 23.1%.」
Continued strengthening the earnings base and developing personnel, with revenue, operating profit, ordinary profit, and profit attributable to owners of the parent exceeding the year-earlier period. - FY2018RaisedAnnual report
「Our Group’s priority issue is improving earnings capacity while optimizing the Group as a whole, and we are also focused on maintaining a balance with financial soundness. Accordingly, we regard ordinary profit and a stronger equity base as important factors and have set targets of a 5% ordinary profit margin and a 50% equity ratio as management indicators.」
Added explicit management targets of a 5% ordinary profit margin and a 50% equity ratio to the existing goals of maintaining financial soundness and improving earnings capacity. - FY2018-Q3Revenue and profit declined while initiatives continuedAnnual report
「Against this backdrop, our Group worked to strengthen its earnings base by returning to the fundamentals of manufacturing, developing products from the customer’s perspective and improving service quality, while reducing costs and improving productivity. As a result, for the nine months ended December 20, net sales were ¥15.990 billion, down 2.2% year on year, operating income was ¥1.209 billion, down 7.0%, ordinary income was ¥1.211 billion, down 7.1%, and net income attributable to owners of the parent was ¥783 million, down 5.3%.」
While continuing customer-focused product development, service-quality improvements, cost reductions, and productivity improvements, revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all fell below the year-earlier period. - FY2018-Q2AdvancedAnnual report
「Against this backdrop, our Group worked to strengthen the earnings base by returning to the roots of manufacturing, developing products from the customer’s perspective, improving service quality, and continuously reducing costs and raising productivity, with the aim of achieving sustainable growth and improving the company’s financial soundness. We also focused on developing personnel to support sustained growth and the realization of higher corporate value over the medium to long term. As a result, revenue for the six months ended 30 September was ¥9.995 billion, down 0.6% year on year; operating profit was ¥719 million, up 5.9%; ordinary profit was ¥716 million, up 4.6%; and profit attributable to owners of the parent was ¥444 million, up 7.8%.」
While revenue declined, operating profit, ordinary profit, and profit attributable to owners of the parent exceeded the year-earlier period as initiatives to improve the company’s financial soundness continued. - FY2018-Q1AdvancedAnnual report
「Against this backdrop, our Group worked to strengthen its earnings base by returning to the fundamentals of manufacturing, developing products from the customer’s perspective and improving service quality in pursuit of sustainable growth and a sound corporate structure, while continuously reducing costs and improving productivity. As a result, for the three months ended June 20, net sales were ¥4.318 billion, up 0.5% year on year, operating income was ¥283 million, up 25.1%, ordinary income was ¥280 million, up 20.1%, and net income attributable to owners of the parent was ¥150 million, up 28.3%.」
While continuing initiatives to improve the company’s financial soundness, revenue, operating profit, ordinary profit, and profit attributable to owners of the parent exceeded the year-earlier period. - FY2017AdvancedAnnual report
「These initiatives resulted in only a slight increase in revenue, but earnings improved significantly from the previous year. As a result, revenue for the fiscal year was ¥20,558 million, up 0.5% year on year, ordinary income was ¥968 million, up 55.1%, and profit attributable to owners of the parent was ¥614 million, up 55.8%.」
Continues improving the company’s substance so that it is not excessively affected by economic conditions. States that revenue, ordinary profit, and profit attributable to owners of the parent improved year on year as a result of initiatives including selection and concentration, productivity improvements, and employee training. - FY2017-Q3AdvancedAnnual report
「Against this backdrop, our Group adopted “Becoming Masters of Manufacturing” as the slogan for the current fiscal year to achieve sustainable growth and improve the company’s financial soundness. We returned to the roots of manufacturing, pursued customer-focused product development, and worked to improve productivity through further rationalization and cost reductions. We also developed management infrastructure that could be effectively used for employee training, alongside strengthening and improving IT infrastructure and proactively communicating with stakeholders inside and outside the company to strengthen the brand. As a result, revenue for the nine months ended 31 December was ¥16.357 billion, up 0.9% year on year; operating profit was ¥1.299 billion, up 22.5%; ordinary profit was ¥1.304 billion, up 24.9%; and profit attributable to owners of the parent was ¥826 million, up 20.8%.」
While continuing the announced initiatives, revenue, operating profit, ordinary profit, and profit attributable to owners of the parent exceeded the year-earlier period. - FY2017-Q2RestatedAnnual report
「Against this backdrop, our Group adopted “Becoming Masters of Manufacturing” as the slogan for the current fiscal year to achieve sustainable growth and improve the company’s financial soundness. We returned to the roots of manufacturing, pursued customer-focused product development, and worked to improve productivity through further rationalization and cost reductions. We also advanced initiatives across the company, including developing management infrastructure such as IT systems and employee training and strengthening the brand through proactive communications.」
Continues to pursue sustainable growth and improve the company’s financial soundness, with customer focus, rationalization and cost reductions, IT infrastructure, employee training, and brand strengthening as initiatives. - FY2017-Q1RestatedAnnual report
「Against this backdrop, our Group adopted “Becoming Masters of Manufacturing” as the slogan for the current fiscal year to achieve sustainable growth and improve the company’s financial soundness. We returned to the roots of manufacturing, pursued customer-focused product development, and worked to improve productivity through rationalization and reductions in total costs. We also advanced initiatives across the company, including developing management infrastructure such as IT systems and employee training and strengthening the brand through proactive communications.」
Continues pursuing sustainable growth and improving the company’s financial soundness, supported by the current-year slogan and specific initiatives. - FY2016First statedAnnual report
「Our Group will undertake the following initiatives to improve its substance and become a sound, fundamentally strong company that is not affected by economic conditions.」
Presented as a medium- to long-term target for improving the company’s financial soundness.