Deterioration in consolidated results and shift to an operating loss
First written in FY2016. 16 of 39 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
Onex moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 2 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, for the current consolidated fiscal year, net sales were ¥5,294 million, up 4.8% year on year, operating profit was ¥371 million, compared with an operating loss of ¥47 million in the previous fiscal year, and ordinary profit was ¥392 million, compared with an ordinary loss of ¥26 million in the previous fiscal year. Profit attributable to owners of the parent was ¥382 million, compared with ¥2 million in the previous fiscal year.」
Revenue increased 4.8%, operating profit and ordinary profit returned to profitability from losses in the previous fiscal year, reaching ¥371 million and ¥392 million, respectively. Net income attributable to owners of the parent also increased from ¥2 million to ¥382 million. - FY2026-H1AdvancedAnnual report
「For the interim consolidated accounting period, the group's revenue was ¥2,654 million, up 5.0% year on year, operating profit was ¥225 million, up 308.4%, ordinary profit was ¥233 million, up 247.7%, and interim net income attributable to owners of the parent was ¥230 million, compared with an interim net loss attributable to owners of the parent of ¥0 million in the same interim period of the previous year.」
Revenue and profit increased year on year: revenue rose 5.0%, operating profit increased from ¥55 million to ¥225 million, ordinary profit increased from ¥67 million to ¥233 million, and interim net income attributable to owners of the parent shifted from a loss to profit of ¥230 million. - FY2025-H1AdvancedAnnual report
「For the interim consolidated accounting period, the group's revenue was ¥2,527 million, up 2.1% year on year, operating profit was ¥55 million, compared with an operating loss of ¥19 million in the same interim period of the previous year, ordinary profit was ¥67 million, compared with an ordinary loss of ¥44 million, and interim net loss attributable to owners of the parent was ¥0 million, compared with interim net income attributable to owners of the parent of ¥225 million in the same interim period of the previous year.」
The company returned to profitability from an operating loss and ordinary loss in the same period of the previous year, posting operating profit of ¥55 million and ordinary profit of ¥67 million, while revenue increased 2.1%. On the other hand, in the absence of insurance proceeds, interim net income attributable to owners of the parent was a loss of ¥404 thousand. - FY2024-Q3WorsenedAnnual report
「Revenue for the first nine months of the current consolidated fiscal year was ¥3,692 million, down 9.5% year on year, operating loss was ¥22 million, compared with operating profit of ¥81 million in the same period of the previous year, and ordinary loss was ¥44 million, compared with ordinary profit of ¥95 million. Net income attributable to owners of the parent was ¥226 million, up 317.7% year on year, due in part to extraordinary income from insurance proceeds received on the life of the former president.」
Revenue fell 9.5% year on year, and operating profit and ordinary profit shifted from profit to loss. Net income attributable to owners of the parent increased due in part to extraordinary income from insurance proceeds received on the life of the former president. - FY2024-Q2WorsenedAnnual report
「Revenue for the first six months of the current consolidated fiscal year was ¥2,476 million, down 10.5% year on year, operating loss was ¥19 million, compared with operating profit of ¥65 million in the same period of the previous year, ordinary loss was ¥44 million, compared with ordinary profit of ¥76 million, and net income attributable to owners of the parent was ¥225 million, up 402.3% year on year.」
The company shifted from operating profit and ordinary profit in the same period of the previous year to operating loss and ordinary loss, while revenue fell 10.5%. On the other hand, net income attributable to owners of the parent was ¥225 million, due in part to the recognition of ¥392 million in insurance proceeds. - FY2024-Q1Lower revenue, operating and ordinary losses, but higher net incomeAnnual report
「Revenue for the first quarter of the current consolidated fiscal year was ¥1,256 million, down 8.5% year on year, operating loss was ¥3 million, compared with operating profit of ¥35 million in the same quarter of the previous year, and ordinary loss was ¥13 million, compared with ordinary profit of ¥39 million. Net income attributable to owners of the parent was ¥251 million, compared with ¥16 million in the same quarter of the previous year, mainly because temporary differences related to insurance proceeds were reversed on a non-consolidated basis.」
Revenue fell 8.5% year on year, and operating profit and ordinary profit shifted from profit to loss. On the other hand, net income attributable to owners of the parent increased from ¥16 million to ¥251 million due to the reversal of temporary differences related to insurance proceeds and other factors. - FY2023Higher revenue but lower operating profit, with ordinary profit and net income increasingAnnual report
「Although orders from the core automotive and construction machinery industries remained sluggish, orders related to industrial machine tools increased, resulting in higher revenue than in the previous fiscal year. In terms of expenses, energy and raw material prices surged, and the resulting increase could not be fully offset even by price increases through higher unit prices, resulting in lower profit than in the previous fiscal year. As a result, for the current consolidated fiscal year, revenue was ¥5,365 million, up 1.2% year on year, and operating profit was ¥74 million, down 33.8%. Ordinary profit was ¥194 million, up 54.4%, due in part to the recognition of equity-method investment income. In addition, although the company recorded a decrease in deferred tax assets associated with the use of tax loss carryforwards, it recorded deferred tax assets associated with insurance proceeds scheduled to be recognized for the fiscal year ending June 2024 and other items. Consequently, net income attributable to owners of the parent was ¥221 million, up 36.9% year on year.」
Revenue increased 1.2% year on year, while operating profit declined 33.8%. Ordinary profit increased 54.4% due to equity-method investment income, and net income attributable to owners of the parent increased 36.9%, with the individual profit measures moving differently. - FY2023-Q3AdvancedAnnual report
「Revenue for the first nine months of the current consolidated fiscal year was ¥4,078 million, up 2.3% year on year, operating profit was ¥81 million, compared with an operating loss of ¥1 million in the same period of the previous year, ordinary profit was ¥95 million, compared with ordinary profit of ¥6 million, and net income attributable to owners of the parent was ¥54 million, down 21.1% year on year.」
Revenue increased 2.3% year on year, operating profit improved from a loss of ¥1 million in the same period of the previous year to ¥81 million, and ordinary profit improved from ¥6 million to ¥95 million. On the other hand, net income attributable to owners of the parent fell 21.1% year on year. - FY2023-Q2AdvancedAnnual report
「Revenue for the first six months of the current consolidated fiscal year was ¥2,768 million, up 3.8% year on year, operating profit was ¥65 million, up 529.8%, ordinary profit was ¥76 million, up 381.4%, and net income attributable to owners of the parent was ¥44 million, compared with a net loss attributable to owners of the parent of ¥29 million in the same period of the previous year.」
Revenue and profit increased year on year, operating profit and ordinary profit rose sharply, and net income attributable to owners of the parent shifted from a loss to profit of ¥44 million. - FY2023-Q1AdvancedAnnual report
「Revenue for the first quarter of the current consolidated fiscal year was ¥1,373 million, up 5.5% year on year, operating profit was ¥35 million, compared with an operating loss of ¥14 million in the same quarter of the previous year, ordinary profit was ¥39 million, compared with an ordinary loss of ¥11 million, and net income attributable to owners of the parent was ¥16 million, compared with a net loss attributable to owners of the parent of ¥18 million.」
The company returned to profitability from an operating loss, ordinary loss, and net loss in the same quarter of the previous year, posting operating profit of ¥35 million, ordinary profit of ¥39 million, and net income of ¥16 million. Revenue also increased 5.5% year on year. - FY2022AdvancedAnnual report
「As a result, for the current consolidated fiscal year, revenue was ¥5,302 million, up 4.7% year on year, operating profit was ¥113 million, compared with an operating loss of ¥111 million in the previous year, and ordinary profit was ¥125 million, compared with an ordinary loss of ¥73 million.」
Revenue increased 4.7% year on year, and the company shifted from an operating loss of ¥111 million to operating profit of ¥113 million and from an ordinary loss of ¥73 million to ordinary profit of ¥125 million. Net income attributable to owners of the parent was also ¥161 million, returning to profitability from a net loss of ¥201 million in the previous year. - FY2022-Q3WorsenedAnnual report
「Revenue for the first nine months of the current consolidated fiscal year was ¥3,986 million, up 6.4% year on year, operating loss was ¥1 million, compared with operating profit of ¥74 million in the same period of the previous year, ordinary profit was ¥6 million, down 94.2% year on year, and net income attributable to owners of the parent was ¥68 million, compared with a net loss attributable to owners of the parent of ¥73 million.」
Although revenue increased and the company shifted to net income attributable to owners of the parent, operating profit shifted from ¥74 million in the same period of the previous year to an operating loss of ¥1 million, and ordinary profit also fell 94.2%. - FY2022-Q2AdvancedAnnual report
「As a result of these business activities, revenue was ¥2,667 million, up 12.1% year on year, operating profit was ¥10 million, compared with an operating loss of ¥37 million in the same quarter of the previous year, ordinary profit was ¥15 million, compared with an ordinary loss of ¥11 million, and net loss attributable to owners of the parent was ¥29 million, compared with a net loss attributable to owners of the parent of ¥161 million.」
The company shifted from an operating loss and ordinary loss in the same quarter of the previous year to operating profit of ¥10 million and ordinary profit of ¥15 million, while the net loss attributable to owners of the parent narrowed from ¥161 million to ¥29 million. - FY2022-Q1AdvancedAnnual report
「Revenue for the first quarter of the current consolidated fiscal year was ¥1,302 million, up 19.9% year on year, operating loss was ¥14 million, compared with an operating loss of ¥84 million in the same quarter of the previous year, ordinary loss was ¥11 million, compared with an ordinary loss of ¥72 million, and net loss attributable to owners of the parent was ¥18 million, compared with a net loss attributable to owners of the parent of ¥136 million.」
Revenue increased year on year, and the operating loss, ordinary loss, and net loss attributable to owners of the parent all narrowed. The operating loss nevertheless continued. - FY2021WorsenedAnnual report
「As a result, for the current consolidated fiscal year, revenue was ¥5,066 million, down 4.7% year on year, operating loss was ¥111 million, compared with operating profit of ¥19 million in the previous year, ordinary loss was ¥73 million, compared with ordinary profit of ¥25 million, and net loss attributable to owners of the parent was ¥201 million, compared with net income attributable to owners of the parent of ¥13 million.」
Revenue fell 4.7% year on year, and operating profit, ordinary profit, and net income attributable to owners of the parent all shifted from profit to loss. - FY2021-Q3Declining revenue and profit, with net loss continuingAnnual report
「Revenue for the first nine months of the current consolidated fiscal year was ¥3,746 million, down 12.0% year on year, operating profit was ¥74 million, down 19.0%, ordinary profit was ¥106 million, up 14.8%, and net loss attributable to owners of the parent was ¥73 million, compared with net income attributable to owners of the parent of ¥65 million in the same period of the previous year.」
Revenue and operating profit declined year on year, resulting in a quarterly net loss attributable to owners of the parent of ¥73 million. On the other hand, the company remained profitable on a cumulative operating basis, and ordinary profit increased 14.8%. - FY2021-Q2WorsenedAnnual report
「Revenue was ¥2,378 million, down 16.4% year on year, operating loss was ¥37 million, compared with operating profit of ¥60 million in the same quarter of the previous year, ordinary loss was ¥11 million, compared with ordinary profit of ¥61 million, and net loss attributable to owners of the parent was ¥161 million, compared with net income attributable to owners of the parent of ¥44 million.」
Revenue fell 16.4% year on year, and the company shifted from operating profit of ¥60 million to an operating loss of ¥37 million and from net income attributable to owners of the parent of ¥44 million to a net loss of ¥161 million. - FY2021-Q1WorsenedAnnual report
「Revenue for the first quarter of the current consolidated fiscal year was ¥1,086 million, down 23.4% year on year, operating loss was ¥84 million, compared with an operating loss of ¥18 million in the same quarter of the previous year, ordinary loss was ¥72 million, compared with an ordinary loss of ¥18 million, and net loss attributable to owners of the parent was ¥136 million, compared with a net loss attributable to owners of the parent of ¥16 million.」
Revenue declined 23.4% year on year, while the operating loss widened from ¥18 million to ¥84 million and the net loss attributable to owners of the parent widened from ¥16 million to ¥136 million. - FY2020WorsenedAnnual report
「As a result, for the current consolidated fiscal year, revenue was ¥5,317 million, down 15.0% year on year, operating profit was ¥19 million, down 92.1%, ordinary profit was ¥25 million, down 90.4%, and net income attributable to owners of the parent was ¥13 million, down 91.9%.」
Revenue declined 15.0% year on year, while operating profit, ordinary profit, and net income attributable to owners of the parent all fell sharply. Although the company remained profitable at the operating level, the full-year results confirmed a decline in revenue and a sharp profit decline. - FY2020-Q3Declining revenue and continued sharp profit declineAnnual report
「Orders declined across the company's core customer industries, including industrial machine tools and automotive parts, resulting in lower revenue than in the same period of the previous year. The company sought to secure profit by reducing expenses such as outsourced processing costs and personnel expenses, but these reductions were insufficient to offset the profit decline caused by lower revenue, and operating profit consequently declined year on year. As a result of these business activities, revenue for the first nine months of the current consolidated fiscal year was ¥4,257 million, down 10.9% year on year, operating profit was ¥91 million, down 62.7%, ordinary profit was ¥92 million, down 63.0%, and net income attributable to owners of the parent was ¥65 million, down 58.3%.」
Due to lower orders from the core industries, revenue fell 10.9% year on year and operating profit fell 62.7%. Although outsourced processing costs and personnel expenses were reduced, the resulting savings did not offset the profit decline from lower revenue, and the decline in revenue and sharp profit decline continued. - FY2020-Q2Revenue decline and sharp earnings declineAnnual report
「Revenue for the first six months of the current consolidated fiscal year was ¥2,844 million, down 12.6% year on year, operating profit was ¥60 million, down 67.6%, ordinary profit was ¥61 million, down 67.5%, and net income attributable to owners of the parent was ¥44 million, down 62.0%.」
Revenue fell 12.6% year on year and operating profit fell 67.6%. Although the company remained profitable at the operating level, the decline in revenue and sharp drop in profit continued following the declines in revenue and profit in FY2020-Q1. - FY2020-Q1WorsenedAnnual report
「Revenue for the first quarter of the current consolidated fiscal year was ¥1,417 million, down 8.8% year on year, operating loss was ¥18 million, compared with operating profit of ¥77 million in the same quarter of the previous year, ordinary loss was ¥18 million, compared with ordinary profit of ¥77 million, and net loss attributable to owners of the parent was ¥16 million, compared with net income attributable to owners of the parent of ¥42 million.」
From higher revenue and operating profit in the same quarter of the previous year, the company shifted to an 8.8% decline in revenue, an operating loss of ¥18 million, an ordinary loss of ¥18 million, and a quarterly net loss attributable to owners of the parent of ¥16 million. - FY2019Higher sales, lower profit continuedAnnual report
「Revenue for the current consolidated fiscal year was ¥6,252 million, up 2.1% year on year, operating profit was ¥252 million, down 22.9%, ordinary profit was ¥261 million, down 20.3%, and net income attributable to owners of the parent was ¥161 million, down 29.7%.」
Revenue increased 2.1% year on year, while operating profit, ordinary profit, and net income attributable to owners of the parent all declined, resulting in higher revenue but lower profit for FY2019 as a whole. - FY2019-Q3Higher sales, lower profit continuedAnnual report
「As a result of these business activities, revenue for the first nine months of the current consolidated fiscal year was ¥4,776 million, up 3.8% year on year, operating profit was ¥246 million, down 26.6%, ordinary profit was ¥250 million, down 25.1%, and net income attributable to owners of the parent was ¥157 million, down 35.8%.」
Revenue increased 3.8% year on year, while operating profit fell 26.6%, ordinary profit fell 25.1%, and net income attributable to owners of the parent fell 35.8%, resulting in higher revenue but lower profit for the period following FY2019-Q1 and Q2. - FY2019-Q2Higher sales, lower profit continuedAnnual report
「Orders from the company's core customer industries, automotive parts and industrial machine tools, generally remained firm, resulting in higher revenue than in the same period of the previous year. However, operating profit declined year on year due to higher manufacturing costs, including energy costs and repair expenses. As a result of these business activities, revenue for the first six months of the current consolidated fiscal year was ¥3,254 million, up 5.9% year on year, operating profit was ¥185 million, down 27.8%, ordinary profit was ¥190 million, down 25.8%, and net income attributable to owners of the parent was ¥116 million, down 42.0%.」
Revenue increased 5.9% year on year, while operating profit fell 27.8%, ordinary profit fell 25.8%, and net income attributable to owners of the parent fell 42.0%, resulting in higher revenue but lower profit for the period following FY2019-Q1. - FY2019-Q1Revenue Growth and Profit DeclineAnnual report
「As a result of these business activities, for the first quarter of the current consolidated fiscal year, revenue was ¥1,553 million, up 6.2% year on year, operating profit was ¥77 million, down 34.2%, ordinary profit was ¥77 million, down 33.7%, and net income attributable to owners of the parent was ¥42 million, down 63.8%.」
Revenue increased 6.2% year on year, while operating profit fell 34.2%, ordinary profit fell 33.7%, and net income attributable to owners of the parent fell 63.8%, resulting in higher revenue but lower profit for the quarter, compared with higher revenue and profit for FY2018 as a whole. - FY2018AdvancedAnnual report
「As a result of these business activities, net sales for the current consolidated fiscal year were ¥6,126 million, up 11.9% from the previous fiscal year; operating income was ¥327 million, up 13.5%; ordinary income was ¥328 million, up 11.5%; and net income attributable to owners of the parent was ¥229 million, up 78.7%.」
Net sales, operating income, ordinary income and net income attributable to owners of the parent all exceeded the previous fiscal year, confirming full-year sales and profit growth. - FY2018-Q3AdvancedAnnual report
「As a result of these business activities, net sales for the first nine months of the current consolidated fiscal year were ¥4,601 million, up 13.6% year on year; operating income was ¥336 million, up 37.2%; ordinary income was ¥334 million, up 35.9%; and net income attributable to owners of the parent was ¥245 million, up 115.5%.」
Sales and profit continued to increase year on year, with net sales up 13.6%, operating income up 37.2%, ordinary income up 35.9% and net income attributable to owners of the parent up 115.5%. - FY2018-Q2AdvancedAnnual report
「As a result of these business activities, net sales for the first six months of the current consolidated fiscal year were ¥3,072 million, up 15.2% year on year; operating income was ¥257 million, up 92.2%; ordinary income was ¥257 million, up 89.9%; and net income attributable to owners of the parent was ¥201 million, up 246.6%.」
Sales and profit continued to grow, with net sales up 15.2%, operating income up 92.2% and net income attributable to owners of the parent up 246.6% year on year. Net income also included ¥60 million in settlement proceeds recognized as extraordinary income. - FY2018-Q1AdvancedAnnual report
「As a result of these business activities, net sales for the first quarter of the current consolidated cumulative period were ¥1,462 million, up 11.0% year on year; operating income was ¥117 million, up 130.1%; ordinary income was ¥116 million, up 121.4%; and net income attributable to owners of the parent was ¥118 million, up 613.8%.」
Sales and profit increased year on year, with net sales up 11.0% and operating income up 130.1%. Operating income was ¥117 million, indicating continued profit growth after the return to operating profitability. - FY2017Return to operating profitability, with sales and profit growthAnnual report
「As a result of these business activities, net sales for the current consolidated fiscal year were ¥5,476 million, up 6.3% from the previous consolidated fiscal year; operating income was ¥288 million, compared with an operating loss of ¥32 million in the previous fiscal year; ordinary income was ¥294 million, compared with an ordinary loss of ¥27 million; and net income attributable to owners of the parent was ¥128 million, compared with a net loss attributable to owners of the parent of ¥85 million.」
The Company shifted from an operating loss, ordinary loss and net loss attributable to owners of the parent in the previous fiscal year to operating income of ¥288 million, ordinary income of ¥294 million and net income attributable to owners of the parent of ¥128 million. Net sales also increased 6.3%. - FY2017-Q3Higher revenue and profitsAnnual report
「As a result of these business activities, net sales for the first nine months of the current consolidated fiscal year were ¥4,049 million, up 4.9% year on year; operating income was ¥245 million, up 16.8%; ordinary income was ¥245 million, up 16.0%; and net income attributable to owners of the parent was ¥113 million, up 4.8%.」
Net sales, operating income, ordinary income and net income attributable to owners of the parent all increased year on year, resulting in a shift from sales growth with declining profit to sales and profit growth. - FY2017-Q2Higher sales, lower profit continuedAnnual report
「As a result of these business activities, net sales for the first six months of the current consolidated fiscal year were ¥2,666 million, up 6.4% year on year; operating income was ¥134 million, down 3.1%; ordinary income was ¥135 million, down 6.5%; and net income attributable to owners of the parent was ¥58 million, down 27.1%.」
While net sales increased, operating income, ordinary income and net income attributable to owners of the parent all fell below the year-earlier period. Profit declined despite operating income remaining positive. - FY2017-Q1Operating profit remained positive but declinedAnnual report
「As a result of these business activities, net sales for the first quarter of the current consolidated cumulative period were ¥1,317 million, up 4.5% year on year; operating income was ¥51 million, down 48.2%; ordinary income was ¥52 million, down 48.2%; and net income attributable to owners of the parent was ¥16 million, down 75.7%.」
Although sales increased and profit declined year on year, operating income remained positive at ¥51 million. Operating losses have not continued from the prior fiscal year's full-year loss. - FY2016First statedAnnual report
「Net sales, operating income, ordinary income and net income attributable to owners of the parent all fell below the year-earlier period.」
Net sales were ¥5,151 million, operating loss was ¥32 million, ordinary loss was ¥27 million, and net loss attributable to owners of the parent was ¥85 million.