First-quarter year-on-year declines in revenue and profit
First written in FY2017-Q1. . Latest entry: FY2026.
26 other companies' latest entry also says "Other".
- FY2026Full-year revenue declined, while profit increasedAnnual report
「Net sales were ¥8,357 million, down 1.1% year on year. In terms of earnings, although logistics equipment posted a substantial decline in revenue, the profit margin for lifestyle-related products improved slightly due to the impact of revised selling prices and other factors. In addition, the Company worked to reduce costs and cut various expenses. As a result, operating income was ¥311 million, up 2.1% year on year, ordinary income was ¥346 million, up 3.0%, and net income was ¥410 million, up 80.2%, due to a gain on the sale of investment securities of ¥258 million.」
From a decline in revenue and earnings in the interim period, the full-year results were a decline in revenue but increases in operating income, ordinary income and net income, with net sales down 1.1% year on year. - FY2026-H1Interim revenue and earnings declinedAnnual report
「As a result, net sales were ¥4,328 million, down 6.6% from the same period of the previous year. In terms of earnings, although the Company worked to reduce costs and cut various expenses, the substantial decline in sales of logistics equipment resulted in operating income of ¥148 million, down 48.0% from the same period of the previous year, ordinary income of ¥160 million, down 48.4%, and interim net income of ¥109 million, down 49.2%.」
After increases in revenue and earnings in the interim period of the previous year, net sales, operating income, ordinary income and interim net income in the current interim period all fell below the same period of the previous year. - FY2025Full-year revenue and profit declinedAnnual report
「Net sales were ¥8,448 million, down 1.6% year on year. In terms of earnings, in addition to higher sales of logistics equipment, the Company continued working to reduce costs and cut various expenses amid soaring raw material and logistics costs. As a result, operating income was ¥304 million, down 2.2% year on year, ordinary income was ¥336 million, down 9.0%, and net income was ¥227 million, down 24.8%.」
After increases in revenue and earnings in the previous fiscal year, net sales, operating income, ordinary income and net income for the fiscal year ending March 2025 all fell below the previous fiscal year. - FY2025-H1Higher Revenue and Earnings for the First HalfAnnual report
「As a result, net sales were ¥4,635 million (¥4,471 million in the same period of the previous year). In terms of earnings, in addition to higher sales of logistics equipment, the Company continued working to reduce costs and cut various expenses amid soaring raw material and logistics costs. As a result, operating income was ¥286 million (¥221 million in the same period of the previous year), ordinary income was ¥310 million (¥265 million), and interim net income was ¥214 million (¥181 million).」
In the interim period, net sales, operating income, ordinary income and interim net income all exceeded the same period of the previous year, turning from a decline in revenue and earnings in the interim period of the previous fiscal year to increases in both revenue and earnings. - FY2024Shift to higher revenue and profit for the full yearAnnual report
「Revenue was ¥8,582 million (¥8,562 million in the previous fiscal year). In terms of earnings, operating profit was ¥311 million (¥276 million), ordinary profit was ¥370 million (¥295 million), and net profit was ¥302 million (¥195 million).」
After higher revenue but lower profit in the fiscal year ending March 2023, in the fiscal year ending March 2024, revenue, operating profit, ordinary profit and net profit all exceeded the previous fiscal year. - FY2024-Q3The third quarter turned to lower revenue and higher profitAnnual report
「Revenue was ¥6,847 million (¥6,871 million in the same period of the previous year). In terms of earnings, revenue declined slightly, and amid soaring raw material and logistics costs, the Company continued to reduce costs and cut various expenses, resulting in operating profit of ¥338 million (¥287 million), ordinary profit of ¥391 million (¥306 million), and net profit for the quarter of ¥313 million (¥207 million).」
In the nine months ended the third quarter, revenue declined year on year, while operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year, resulting in lower revenue but higher profit. - FY2024-Q2Revenue and profit both increased year on year in the second quarter as wellAnnual report
「As a result, revenue was ¥4,471 million (¥4,103 million in the same period of the previous year). In terms of earnings, in addition to the recovery in sales of logistics equipment, the Company continued to reduce costs and cut various expenses amid soaring raw material and logistics costs, resulting in operating profit of ¥221 million (¥107 million), ordinary profit of ¥265 million (¥122 million), and net profit for the quarter of ¥181 million (¥81 million).」
In the six months ended the second quarter, revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year, and the shift from lower revenue and profit in the previous year to higher revenue and profit continued. - FY2024-Q1Revenue and profit both turned to year-on-year increases in the first quarterAnnual report
「As a result, first-quarter revenue was ¥2,192 million (¥2,058 million in the same period of the previous year). In terms of earnings, amid soaring raw material and logistics costs, the Company proceeded with sales price revisions and worked to reduce costs and cut various expenses, resulting in operating profit of ¥96 million (¥62 million), ordinary profit of ¥135 million (¥75 million), and net profit for the quarter of ¥92 million (¥50 million).」
In the first quarter, revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year, turning from lower revenue and profit in the previous year to higher revenue and profit. - FY2023Shift to higher revenue but lower earningsAnnual report
「Although revenue increased slightly, the Company worked to reduce costs and cut various expenses amid soaring raw material and logistics costs. Operating profit was ¥276 million (¥295 million in the previous fiscal year), ordinary profit was ¥295 million (¥318 million), and net profit was ¥195 million (¥214 million).」
Full-year revenue was ¥8,562 million, up 0.1% from the previous fiscal year, while operating profit, ordinary profit and net profit all fell below the previous fiscal year, resulting in higher revenue but lower profit. - FY2023-Q3Shift to higher revenue but lower earningsAnnual report
「Revenue was ¥6,871 million (¥6,389 million in the same period of the previous year). In terms of earnings, although revenue increased, and although the Company worked to reduce costs and cut various expenses amid soaring raw material and logistics costs, operating profit was ¥287 million (¥326 million), ordinary profit was ¥306 million (¥348 million), and net profit for the quarter was ¥207 million (¥239 million).」
In the nine months ended the third quarter, revenue increased year on year, while operating profit, ordinary profit and net profit for the quarter all fell below the same period of the previous year, resulting in higher revenue but lower profit. - FY2023-Q2Revenue and profit both declined year on year in the second quarterAnnual report
「Revenue was ¥4,103 million (¥4,243 million in the same period of the previous year). In terms of earnings, although the Company worked to reduce costs and cut various expenses amid soaring raw material and logistics costs, operating profit was ¥107 million (¥179 million), ordinary profit was ¥122 million (¥193 million), and net profit for the quarter was ¥81 million (¥133 million).」
In the six months ended the second quarter, revenue, operating profit, ordinary profit and net profit for the quarter all fell below the same period of the previous year, turning from higher revenue and profit in the previous year to declines in both revenue and profit. - FY2023-Q1Revenue and profit both turned to year-on-year declines in the first quarterAnnual report
「In terms of earnings, we worked to reduce costs and cut various expenses amid soaring raw material and logistics costs. Operating profit was ¥62 million (¥110 million in the same period of the previous year), ordinary profit was ¥75 million (¥114 million), and net profit for the quarter was ¥50 million (¥78 million).」
In the first quarter, revenue was ¥2,058 million (¥2,218 million in the same period of the previous year), and operating profit, ordinary profit and net profit for the quarter were also below the same period of the previous year. The Company shifted from higher revenue and profit in the previous year to declines in both revenue and profit. - FY2022Full-year revenue and profit continued to increase year on yearAnnual report
「Revenue was ¥8,555 million (¥7,984 million in the previous fiscal year). In terms of earnings, the implementation of expanded sales campaigns and steady sales of snow-removal products resulted in operating profit of ¥295 million (¥182 million), ordinary profit of ¥318 million (¥220 million), and net profit of ¥214 million (¥139 million).」
For the full fiscal year, revenue, operating profit, ordinary profit and net profit all exceeded the previous fiscal year, and year-on-year growth continued. - FY2022-Q3Revenue and profit both increased year on year in the third quarter as wellAnnual report
「Revenue was ¥6,389 million (¥6,180 million in the same period of the previous year). In terms of earnings, sales of snow-removal products increased owing to expanded sales campaigns for shovels, spades and other products, early orders for snow-removal products in preparation for snowfall from October onward, and snowfall in various regions in December. As a result, operating profit was ¥326 million (¥192 million), ordinary profit was ¥348 million (¥228 million), and net profit for the quarter was ¥239 million (¥141 million).」
For the cumulative third quarter, net sales, operating income, ordinary income and quarterly net income all exceeded the year-earlier period. - FY2022-Q2Revenue and profit both increased year on year in the second quarter as wellAnnual report
「Revenue was ¥4,243 million (¥4,113 million in the same period of the previous year). In terms of earnings, personnel expenses declined substantially in the previous fiscal year due to cuts in executive compensation and employee bonuses made in response to uncertainty over the outlook caused by COVID-19. In the current fiscal year, these measures were not implemented, and variable costs such as freight expenses increased with higher revenue. However, expanded sales campaigns for shovels, spades and other products resulted in higher revenue and profit, with operating profit of ¥179 million (¥115 million), ordinary profit of ¥193 million (¥147 million), and net profit for the quarter of ¥133 million (¥88 million).」
For the cumulative second quarter, net sales, operating income, ordinary income and quarterly net income all exceeded the year-earlier period. - FY2022-Q1Revenue and profit both increased year on year in the first quarter as wellAnnual report
「Revenue was ¥2,218 million (¥1,966 million in the same period of the previous year). In terms of earnings, in the previous fiscal year, personnel expenses, including executive compensation and employee bonuses, were substantially reduced in response to uncertainty over the outlook due to COVID-19, while travel expenses and other costs fell substantially because of restrictions on sales activities. In the current fiscal year, these measures were not implemented and sales activities, except in some areas, returned to normal, increasing personnel expenses, travel expenses and other costs. However, expanded sales campaigns for shovels, spades and other products resulted in higher revenue and profit, with operating profit of ¥110 million (¥50 million), ordinary profit of ¥114 million (¥79 million), and net profit for the quarter of ¥78 million (¥43 million).」
In the first quarter, revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year, and the shift from lower revenue and higher profit in the previous year to continued revenue growth persisted. - FY2021Full-year revenue and profit both turned to increasesAnnual report
「Revenue was ¥8,286 million (¥7,984 million in the previous fiscal year). In terms of earnings, in addition to higher profit accompanying the increase in revenue, lower travel expenses resulting from voluntary restraints on sales activities and other factors resulted in operating profit of ¥182 million (¥87 million), ordinary profit of ¥220 million (¥110 million), and net profit of ¥139 million (¥39 million).」
After revenue and profit had declined in the previous fiscal year, in the fiscal year ending March 2021, revenue, operating profit, ordinary profit and net profit all exceeded the previous fiscal year. - FY2021-Q3Continued profit improvement despite declining revenueAnnual report
「Revenue was ¥6,180 million (¥6,230 million in the same period of the previous year). In terms of earnings, executive compensation cuts, reductions in employee bonuses, lower personnel expenses resulting from voluntary restraints, and decreases in various expenses related to sales activities resulted in operating profit of ¥192 million (¥111 million). Other operating income included ¥20 million in employment adjustment subsidies and other items, resulting in ordinary profit of ¥228 million (¥134 million). After recording a ¥14 million loss related to COVID-19 as an extraordinary loss, net profit for the quarter was ¥141 million (¥87 million).」
In the nine months ended the third quarter, revenue declined year on year, while operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2021-Q2Continued profit improvement despite declining revenueAnnual report
「Revenue was ¥4,113 million (¥4,330 million in the same period of the previous year). In terms of earnings, amid uncertainty over the outlook, executive compensation cuts, reductions in employee bonuses, lower personnel expenses resulting from voluntary restraints, and decreases in various expenses related to sales activities resulted in operating profit of ¥115 million (¥99 million). Other operating income included ¥20 million in employment adjustment subsidies and other items, resulting in ordinary profit of ¥147 million (¥112 million). After recording a ¥14 million loss related to COVID-19 as an extraordinary loss, net profit for the quarter was ¥88 million (¥74 million).」
In the six months ended the second quarter, revenue declined year on year, while operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2021-Q1Revenue declined and profit increased amid the pandemicAnnual report
「Revenue was ¥1,966 million (¥2,115 million in the same period of the previous year). In terms of earnings, amid uncertainty over the outlook, executive compensation cuts, reductions in employee bonuses, lower personnel expenses resulting from voluntary restraints, and decreases in various expenses related to sales activities resulted in operating profit of ¥50 million (¥37 million). Other operating income included ¥20 million in employment adjustment subsidies and other items, resulting in ordinary profit of ¥79 million (¥43 million). After recording a ¥14 million loss related to COVID-19 as an extraordinary loss, net profit for the quarter was ¥43 million (¥28 million).」
In the first quarter, revenue declined year on year, while operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2020Full-year declines in revenue, profit and ROEAnnual report
「Revenue was ¥7,984 million (¥8,236 million in the previous fiscal year). In terms of earnings, although the Company worked to reduce costs and cut various expenses, operating profit was ¥87 million (¥138 million), ordinary profit was ¥110 million (¥156 million), and net profit was ¥39 million (¥83 million).」
For the full fiscal year, revenue, operating profit, ordinary profit and net profit all fell below the previous fiscal year, turning from the growth trend through the previous fiscal year to declines. - FY2020-Q3Revenue and profit both turned to year-on-year declinesAnnual report
「Revenue was ¥6,230 million (¥6,394 million in the same period of the previous year). In terms of earnings, although the Company worked to reduce costs and cut various expenses, operating profit was ¥111 million (¥163 million), ordinary profit was ¥134 million (¥179 million), and net profit for the quarter was ¥87 million (¥118 million).」
After revenue and each profit measure had continued to increase year on year through the six months ended the second quarter, in the nine months ended the third quarter, revenue, operating profit, ordinary profit and net profit for the quarter all fell below the same period of the previous year. - FY2020-Q2Continued year-on-year increases in revenue and profitAnnual report
「Revenue was ¥4,330 million (¥4,174 million in the same period of the previous year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥99 million (¥85 million), ordinary profit was ¥112 million (¥99 million), and net profit for the quarter was ¥74 million (¥65 million).」
For the cumulative second quarter, net sales, operating income, ordinary income and quarterly net income all exceeded the year-earlier period. - FY2020-Q1Continued year-on-year increases in revenue and profitAnnual report
「Revenue was ¥2,115 million (¥2,018 million in the same period of the previous year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥37 million (¥33 million), ordinary profit was ¥43 million (¥42 million), and net profit for the quarter was ¥28 million (¥27 million).」
In the first quarter, revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2019-Q3Revenue and profit both turned to year-on-year growthAnnual report
「Amid these conditions, the Company actively pursued sales activities to develop new sales channels and markets and expand revenue, resulting in revenue of ¥6,394 million (¥6,266 million in the same period of the previous year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥163 million (¥82 million), ordinary profit was ¥179 million (¥92 million), and net profit for the quarter was ¥118 million (¥70 million).」
Although revenue had declined year on year in the six months ended the second quarter, in the nine months ended the third quarter, revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2019-Q2Continued profit improvement despite declining revenueAnnual report
「Revenue was ¥4,174 million (¥4,339 million in the same period of the previous year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥85 million (¥71 million), ordinary profit was ¥99 million (¥82 million), and net profit for the quarter was ¥65 million (¥52 million).」
In the six months ended the second quarter under review, revenue declined year on year, while operating profit, ordinary profit and net profit for the quarter continued to exceed the same period of the previous year. - FY2019-Q1Profit improvement despite lower revenueAnnual report
「Revenue was ¥2,018 million (¥2,113 million in the same period of the previous year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥33 million (¥10 million), ordinary profit was ¥42 million (¥15 million), and net profit for the quarter was ¥27 million (¥8 million).」
In the first quarter under review, revenue declined year on year, while operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2018Full-year revenue and profit both increased year on yearAnnual report
「Revenue was ¥8,441 million (¥7,879 million in the previous fiscal year). In terms of earnings, the Company also worked to strengthen its earnings structure through cost reductions and cuts in various expenses, resulting in operating profit of ¥119 million (¥27 million), ordinary profit of ¥123 million (¥45 million), and net profit of ¥90 million (¥22 million).」
For the full fiscal year, revenue, operating profit, ordinary profit and net profit all exceeded the previous fiscal year, confirming continued year-on-year growth. - FY2018-Q3Continued year-on-year increases in revenue and profitAnnual report
「Revenue was ¥6,266 million (¥6,010 million in the same period of the previous year). In terms of earnings, the Company also worked to strengthen its earnings structure through cost reductions and cuts in various expenses, resulting in operating profit of ¥82 million (¥15 million), ordinary profit of ¥92 million (¥26 million), and net profit for the quarter of ¥70 million (¥10 million).」
In the nine months ended the third quarter, revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2018-Q2Continued year-on-year increases in revenue and profitAnnual report
「Revenue was ¥4,339 million (¥4,110 million in the same period of the previous year). In terms of earnings, the Company also worked to strengthen its earnings structure through cost reductions and cuts in various expenses, resulting in operating profit of ¥71 million (¥17 million), ordinary profit of ¥82 million (¥25 million), and net profit for the quarter of ¥52 million (¥12 million).」
In the six months ended the second quarter, revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2018-Q1Revenue and profit both increased year on yearAnnual report
「Revenue was ¥2,113 million (¥2,012 million in the same period of the previous year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥10 million (¥5 million), ordinary profit was ¥15 million (¥6 million), and net profit for the quarter was ¥8 million (¥2 million).」
After the previous decline in first-quarter revenue and profit on a year-on-year basis, in the first quarter under review, revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the same period of the previous year. - FY2017Profit improvement despite lower revenueAnnual report
「Revenue was ¥7,879 million (¥8,229 million in the previous fiscal year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥27 million (an operating loss of ¥26 million in the previous fiscal year), ordinary profit was ¥45 million (¥36 million), and net profit was ¥22 million (¥10 million).」
For the full fiscal year, revenue was below the previous fiscal year, while operating profit turned from an operating loss to a profit through cost reductions and cuts in various expenses, and ordinary profit and net profit also increased. - FY2017-Q3Profit improvement despite lower revenueAnnual report
「Revenue was ¥6,010 million (¥6,207 million in the same period of the previous year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥15 million (an operating loss of ¥41 million in the same period of the previous year), ordinary profit was ¥26 million (an ordinary loss of ¥5 million), and net profit for the quarter was ¥10 million (a quarterly net loss of ¥11 million).」
In the nine months ended the third quarter, operating profit, ordinary profit and net profit for the quarter all turned from losses in the same period of the previous year to profits, owing to cost reductions and cuts in various expenses, while revenue was below the same period of the previous year. - FY2017-Q2Profit improvement despite lower revenueAnnual report
「Revenue was ¥4,110 million (¥4,304 million in the same period of the previous year). In terms of earnings, as a result of efforts to reduce costs and cut various expenses, operating profit was ¥17 million (¥11 million), ordinary profit was ¥25 million (¥15 million), and net profit for the quarter was ¥12 million (¥5 million).」
Although revenue and each profit measure were below the same period of the previous year in the first quarter, in the six months ended the second quarter, revenue declined while operating profit, ordinary profit and net profit for the quarter exceeded the same period of the previous year. - FY2017-Q1First statedAnnual report
「Revenue was ¥2,012 million (¥2,189 million in the same period of the previous year). In terms of earnings, although the Company worked to reduce costs and cut various expenses, operating profit was ¥5 million (¥6 million), ordinary profit was ¥6 million (¥12 million), and net profit for the quarter was ¥2 million (¥6 million).」
In the first quarter, revenue, operating profit, ordinary profit and net profit for the quarter were all below the same period of the previous year.