Return to profitability through higher order-unit prices in the CMS business
First written in FY2017-Q1. 18 of 38 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「In the CS business during the consolidated fiscal year, orders for large projects from key customers, including the automotive industry, at Research Solutions did not recover compared with the previous fiscal year, resulting in declines in both revenue and operating profit. As a result, segment revenue was ¥461.520 million, down 10.5% year on year, and segment loss, or operating loss, was ¥49.175 million, compared with segment profit of ¥20.287 million in the previous fiscal year.」
The CS business turned a profit of ¥20.287 million in the previous fiscal year into a loss of ¥49.175 million as orders for large projects failed to recover. - FY2026-H1WorsenedAnnual report
「In the CS business during the interim consolidated accounting period, orders at Research Solutions showed signs of recovery compared with the same period of the previous year, but had not yet reached a level sufficient to drive up profit. As a result, segment revenue was ¥229.593 million, up 6.7% year on year, while segment loss was ¥18.467 million, compared with a segment loss of ¥7.529 million in the same period of the previous year.」
Orders at Research Solutions were described as showing signs of recovery, but had not reached a level sufficient to drive up profit. The CS business loss therefore widened from ¥7.529 million in the same period of the previous year to ¥18.467 million. - FY2025WorsenedAnnual report
「In the CS business during the consolidated fiscal year, orders for large projects at Research Solutions were weak compared with the previous fiscal year, resulting in substantial declines in both revenue and operating profit. As a result, segment revenue was ¥515.377 million, down 17.4% year on year, and segment profit, or operating profit, was ¥20.287 million, down 78.0% year on year.」
Weak orders for large projects continued throughout the fiscal year, resulting in declines in both CS business revenue and segment profit. - FY2025-H1WorsenedAnnual report
「In the CS business during the interim consolidated accounting period, orders for large projects, particularly at Research Solutions, were weak compared with the same period of the previous year, resulting in substantial declines in both revenue and operating profit. As a result, segment revenue was ¥215.267 million, down 33.8% year on year, and segment loss was ¥7.529 million, compared with segment profit of ¥64.867 million in the same period of the previous year.」
Weak orders for large projects caused the CS business to turn a profit in the same period of the previous year into a loss of ¥7.529 million. Earnings improvement driven by order unit prices and project mix deteriorated during the interim period. - FY2024WorsenedAnnual report
「In the CS business, orders at EC Solutions continued to stagnate, while orders at Research Solutions also became sluggish in the fourth quarter of the consolidated fiscal year. As a result, revenue and operating profit for the consolidated fiscal year as a whole fell below the previous fiscal year. Segment revenue was ¥624.080 million, down 2.6% year on year, and segment profit, or operating profit, was ¥92.333 million, down 28.2% year on year.」
In addition to sluggish orders at EC Solutions, orders at Research Solutions also became weak in the fourth quarter, resulting in full-year declines in CS business revenue and operating profit. - FY2024-Q3EC Solutions faced sluggish order growth while Research Solutions remained strongAnnual report
「In the CS business, although orders at EC Solutions have grown somewhat slowly, Research Solutions has remained strong. Overall, there were no significant changes in either revenue or operating profit from the same period of the previous year.」
The company stated that orders at EC Solutions remained sluggish while Research Solutions remained strong, with no significant changes in overall CS business revenue or operating profit. - FY2024-Q2RestatedAnnual report
「Both Research Solutions and EC Solutions in the CS business remained strong and secured roughly the same level of orders as in the same period of the previous year. As a result, there were no significant changes in either revenue or operating profit.」
The company stated that Research Solutions and EC Solutions remained strong and maintained roughly the same level of orders, with no significant changes in revenue or operating profit. No new progress regarding higher order unit prices was reported. - FY2024-Q1AdvancedAnnual report
「In the CS business, particularly Research Solutions, orders for large projects were strong compared with the same period of the previous year, resulting in substantial increases in both revenue and operating profit. As a result, segment revenue was ¥190.013 million, up 47.6% year on year, and segment profit was ¥39.283 million, up 84.8% year on year.」
Orders for large projects, which had been declining through the previous fiscal year, recovered, resulting in substantial year-on-year increases in CS business revenue and segment profit. - FY2023WorsenedAnnual report
「In both Research Solutions and EC Solutions within the CS business, fewer large projects with high gross margins were won than in the previous fiscal year, resulting in declines in both revenue and profit. As a result, segment revenue was ¥640.615 million, down 17.3% year on year, and segment profit, or operating profit, was ¥128.648 million, down 17.2% year on year.」
The continued decline in orders for large projects with high gross margins resulted in declines in both CS business revenue and segment profit. - FY2023-Q3WorsenedAnnual report
「In both Research Solutions and EC Solutions within the CS business, fewer large projects with high gross margins were won than in the same period of the previous year, resulting in declines in both revenue and operating profit. As a result, segment revenue was ¥512.631 million, down 19.6% year on year, and segment profit, or operating profit, was ¥113.702 million, down 32.4% year on year.」
The shortage of large projects with high gross margins continued, resulting in year-on-year declines in both CS business revenue and segment profit. The deterioration in earnings improvement driven by higher order unit prices also continued. - FY2023-Q2WorsenedAnnual report
「In both Research Solutions and EC Solutions within the CS business, fewer large projects with high gross margins were won than in the same period of the previous year, resulting in declines in both revenue and operating profit. As a result, segment revenue was ¥309.547 million, down 9.6% year on year, and segment profit was ¥65.095 million, down 20.2% year on year.」
Fewer large projects with high gross margins were won by both solutions, resulting in year-on-year declines in both CS business revenue and segment profit. - FY2023-Q1WorsenedAnnual report
「In both Research Solutions and EC Solutions within the CS business, fewer large projects with high gross margins were won than in the same period of the previous year, resulting in declines in both revenue and operating profit. As a result, segment revenue was ¥128.756 million, down 26.9% year on year, and segment profit was ¥21.252 million, down 48.4% year on year.」
The CS business recorded year-on-year declines in both revenue and segment profit due to fewer orders for large projects with high gross margins, reversing the previous trend of improving profit margins. - FY2022-Q3AdvancedAnnual report
「In the CS business, the impact of COVID-19, which had been severe through the previous fiscal year, had largely subsided during the current fiscal year at Research Solutions. Together with EC Solutions, the receipt of multiple orders for large projects with high gross margins contributed to improved performance across the segment. As a result, segment revenue was ¥637.801 million, up 9.5% year on year, and segment profit, or operating profit, was ¥168.244 million, up 111.7% year on year.」
The CS business recorded segment profit of ¥168.244 million, up 111.7% year on year, due to recovery from the impact of COVID-19 and orders for large projects with high gross margins. - FY2022-Q2AdvancedAnnual report
「In the CS business, Research Solutions has largely recovered from the impact of COVID-19. Although revenue declined compared with the same period of the previous year, operating profit increased substantially. EC Solutions also recorded substantial year-on-year increases in both revenue and operating profit, as it won multiple large projects with high gross margins. As a result, segment revenue was ¥342.536 million, up 1.3% year on year, and segment profit was ¥81.538 million, up 224.9% year on year.」
The CS business recorded segment profit of ¥81.538 million, up 224.9% year on year, due to the recovery in profit at Research Solutions and orders for large projects with high gross margins. - FY2022-Q1AdvancedAnnual report
「Research Solutions has largely recovered from the impact of COVID-19, with both revenue and operating profit recovering compared with the same period of the previous year. EC Solutions also recorded substantial year-on-year increases in both revenue and operating profit, as it won multiple large projects with high gross margins. As a result, segment revenue was ¥176.150 million, up 19.3% year on year, and segment profit was ¥41.189 million, compared with a loss of ¥2.285 million in the same period of the previous year.」
Driven by the recovery in Research Solutions and orders for large projects with high gross margins, the CMS business turned a loss in the same period of the previous year into a profit of ¥41.189 million. - FY2021AdvancedAnnual report
「As a result, segment revenue was ¥730 million, down 12.3% from the previous fiscal year, while segment profit (operating income) was ¥74.697 million, up 49.5%.」
Orders for large projects declined, but higher CMS profit margins increased segment profit to ¥74.697 million, up 49.5% from the previous fiscal year. - FY2021-Q3AdvancedAnnual report
「As a result, segment revenue was ¥583 million, down 12.2% year on year, while segment profit (operating income) was ¥79.479 million, up 13.4%.」
Revenue declined due to a decrease in orders for large projects, but CMS segment profit was ¥79.479 million, an increase from the same period of the previous year. - FY2021-Q2AdvancedAnnual report
「In the CMS business, revenue in Research Solutions declined 9.9% year on year, while revenue in EC Solutions declined 30.2% because the same period of the previous year included orders for large projects. As a result, segment revenue was ¥338 million, down 13.9% year on year, and segment profit (operating income) was ¥25.095 million, up 60.8%.」
Revenue declined due to a decrease in large projects, but CMS segment profit was ¥25.095 million, up 60.8% year on year. - FY2021-Q1CMS losses narrowed despite a decline in large projectsAnnual report
「In the CMS business, Research Solutions was affected by the postponement or cancellation of large and overseas projects due to the COVID-19 pandemic, resulting in declines in revenue and operating income compared with the same period of the previous year. In contrast, although revenue in EC Solutions declined year on year because there were few orders for large projects, its profit margin was high and operating income increased. As a result, segment revenue was ¥148 million, down 12.9% year on year, and segment loss was ¥2.285 million, compared with a loss of ¥10.184 million in the same period of the previous year.」
The COVID-19 pandemic led to the postponement or cancellation of large and overseas projects, but the high profit margin in EC Solutions narrowed the CMS loss from ¥10.184 million in the same period of the previous year to ¥2.285 million. - FY2020AdvancedAnnual report
「In the CMS business, revenue in Research Solutions declined 5.1% from the previous fiscal year, while revenue in EC Solutions increased 33.5% due to orders for large projects. As a result, segment revenue was ¥833 million, up 4.8% from the previous fiscal year, and segment profit (operating income) was ¥49.972 million, up 615.8%.」
Orders for large projects in EC Solutions increased both CMS revenue and operating income, and segment profit recovered to ¥49.972 million. - FY2020-Q3AdvancedAnnual report
「In the CMS business, revenue in Research Solutions was in line with the same period of the previous year, while revenue in EC Solutions increased 46.4% year on year due to orders for large projects. As a result, segment revenue was ¥664 million, up 9.6% year on year, and segment profit (operating income) was ¥70.092 million, up 201.2%.」
Orders for large projects in EC Solutions drove CMS revenue up 9.6% and segment profit up 201.2% year on year to ¥70.092 million. - FY2020-Q2AdvancedAnnual report
「In the CMS business, revenue in Research Solutions increased 2.6% year on year, while revenue in EC Solutions increased 44.8% year on year due to orders for large projects. As a result, segment revenue was ¥393 million, up 10.6% year on year, and segment profit (operating income) was ¥15.611 million, compared with a loss of ¥8.631 million in the same period of the previous year.」
CMS revenue increased 10.6% year on year, and segment profit recovered from a loss of ¥8.631 million in the same period of the previous year to profit of ¥15.611 million. Orders for large projects in EC Solutions were cited as a factor in the recovery, but there was no specific reference to higher average order prices. - FY2020-Q1WorsenedAnnual report
「In the CMS business, the number of domestic and overseas orders in Research Solutions, excluding the U.S. subsidiary, was broadly unchanged, but average order prices declined overall, resulting in year-on-year declines in both revenue and operating income. In Media Commerce, revenue and operating income both increased year on year as orders for high-priced projects increased. As a result, segment revenue was ¥170 million, down 4.9% year on year, and segment loss was ¥10.184 million, compared with a loss of ¥1.798 million in the same period of the previous year.」
Revenue and operating income in Research Solutions declined as average order prices fell, and the CMS segment loss widened from ¥1.798 million to ¥10.184 million. Media Commerce improved on an increase in high-priced projects, but the earnings base for the business as a whole deteriorated. - FY2019WorsenedAnnual report
「In the CMS business, revenue in Research Solutions declined 9.7% from the previous fiscal year due to a decrease in overseas research projects and other factors, while revenue in EC Solutions increased 0.2%. As a result, segment revenue was ¥795 million, down 3.6% from the previous fiscal year, and segment profit (operating income) was ¥6.981 million, down 84.4%.」
For the full fiscal year, CMS revenue declined 3.6% and segment profit fell 84.4%. Although the business remained profitable, deterioration in the earnings base was identified as an issue requiring improvement. - FY2019-Q3WorsenedAnnual report
「In the CMS business, revenue in Research Solutions declined 10.0% year on year due to a decrease in overseas research projects and other factors, while revenue in EC Solutions declined 3.9%. As a result, segment revenue was ¥605 million, down 2.2% year on year, and segment profit (operating income) was ¥23.271 million, down 38.2%.」
Although the segment remained profitable, revenue in Research Solutions and EC Solutions declined, and segment profit also fell year on year. - FY2019-Q2WorsenedAnnual report
「In the CMS business, revenue in Research Solutions declined 22.3% year on year due to a decrease in overseas research projects and other factors, while revenue in EC Solutions also declined 7.4%. As a result, segment revenue was ¥355 million, down 11.8% year on year, and segment loss (operating loss) was ¥8.631 million, compared with segment profit of ¥8.891 million in the same period of the previous year.」
Revenue declined in both Research Solutions and EC Solutions, and the CMS business shifted from profit in the same period of the previous year to an operating loss of ¥8.631 million. - FY2019-Q1WorsenedAnnual report
「In the CMS business, the number of orders in Research Solutions, excluding the U.S. subsidiary, increased 9.9% year on year due to increased domestic orders, but the average order price fell 24.6% because of a decline in large overseas projects. As a result, revenue declined year on year, while operating income edged up. In Media Commerce, the number of orders increased 6.2% year on year, but revenue and operating income both declined as the average order price fell 22.5%. As a result, segment revenue was ¥178 million, down 18.8% year on year, and segment loss was ¥1.798 million, compared with segment profit of ¥15.074 million in the same period of the previous year.」
Although the number of orders increased, average order prices fell substantially in both areas, and the CMS business shifted from segment profit in the same period of the previous year to a loss. The profitability improvement driven by higher average order prices has retreated. - FY2018RestatedAnnual report
「In the CMS business, revenue in Research Solutions, excluding the U.S. subsidiary, edged up on increased orders from the automotive-related industries in which the Company specializes, but operating income declined year on year.」
Revenue edged up on orders from the automotive-related industries and others, while the decline in CMS operating income continued to be reported for the full fiscal year. - FY2018-Q3WorsenedAnnual report
「In Research Solutions, excluding the U.S. subsidiary, the number of orders increased 5.4% year on year due to increased orders from the automotive-related industries in which the Company specializes, but the average order price fell 7.8%. As a result, revenue was virtually unchanged year on year, while operating income declined. In Media Commerce, the number of orders increased 15.6% year on year, but the average order price fell 11.4%. As a result, revenue edged up, while operating income declined year on year.」
Although the number of orders increased, average order prices fell in both Research Solutions and Media Commerce. Revenue was virtually flat or edged up, while operating income declined. - FY2018-Q2Profit declines as the number of orders increases but average order prices fallAnnual report
「In Research Solutions, excluding the U.S. subsidiary, the number of orders increased 12.8% year on year due to increased orders from the automotive-related industries in which the Company specializes, but the average order price fell 0.3%. As a result, revenue increased 12.4% year on year, but operating income declined. In Media Commerce, the number of orders increased 16.3% year on year, but revenue increased only 8.1% and operating income declined as the average order price fell 7.0%.」
Unlike the previous profitability improvement driven by higher average order prices, the number of orders increased in both areas but average order prices declined, resulting in higher revenue but lower operating income. - FY2018-Q1AdvancedAnnual report
「In the CMS business, the number of orders in Research Solutions, excluding the U.S. subsidiary, increased 19.1% year on year, while the average order price rose 7.1%. In EC Solutions, the average order price edged up 0.1% year on year, while the number of orders increased 13.9% year on year. As a result, segment revenue was ¥220 million, up 21.4% year on year, and segment profit (operating income) was ¥15 million, up 22.6%.」
The previous pattern of offsetting a decline in the number of orders with higher average order prices changed, with the number of orders increasing in both Research Solutions and EC Solutions, and CMS revenue and segment profit also increasing year on year. - FY2017RestatedAnnual report
「In Research Solutions, excluding the U.S. subsidiary, the number of orders fell 2.1% from the previous fiscal year, but the average order price rose 3.6% year on year, mainly because of increased orders from the automotive-related industries in which the Company specializes. Revenue increased 1.4% from the previous fiscal year. In Media Commerce, the number of orders fell 3.8% from the previous fiscal year, but revenue increased 3.7% as the average order price rose 7.8%.」
The pattern of offsetting a decline in the number of orders with industry-focused orders and higher average order prices was also reported for the full fiscal year, and CMS segment profit increased 10.2% year on year. - FY2017-Q3RestatedAnnual report
「In Research Solutions, excluding the U.S. subsidiary, the number of orders fell 9.1% year on year, but the average order price rose 7.7% year on year, mainly because of increased orders from the automotive-related industries in which the Company specializes. Revenue declined 2.1% year on year, while operating income increased 12.1%. In Media Commerce, the number of orders fell 6.2% year on year, but revenue increased 8.1% and operating income increased 19.7% as the average order price rose 15.3%.」
The decline in the number of orders was offset by increased orders from the automotive-related industries and higher average order prices, resulting in year-on-year growth in operating income in both areas. This was a continued report of the existing profitability-improvement strategy based on higher average order prices, with no new milestone reported. - FY2017-Q2AdvancedAnnual report
「In Research Solutions, excluding the U.S. subsidiary, the number of orders fell 13.1% year on year, but the average order price rose 13.4% year on year, mainly because of increased orders from the automotive-related industries in which the Company specializes. Revenue declined 1.4% year on year, but operating income increased substantially from ¥678 thousand in the same period of the previous year. In Media Commerce, the number of orders fell 11.9% year on year, but revenue increased 9.7% as the average order price rose 24.6%.」
The pattern of offsetting a decline in the number of orders with higher average order prices continued. Operating income in Research Solutions increased substantially from the same period of the previous year, and CMS segment profit was ¥23.590 million, up 108.8% year on year. - FY2017-Q1First statedAnnual report
「In Research Solutions, although the number of orders fell 8.1% year on year, the average order price rose 28.7% year on year, mainly because of increased orders from the automotive-related industries in which the Company specializes. As a result, revenue increased 18.3% year on year, and operating income, which was negative in the same period of the previous year, turned positive in the cumulative first quarter of the current consolidated fiscal year. In Media Commerce, although the number of orders fell 16.3% year on year, revenue edged up year on year as the average order price rose 20.8%.」
Although the number of orders declined, Research Solutions turned profitable at the operating level as increased orders from the automotive-related industries and higher average order prices offset the decline. In Media Commerce, higher average order prices also offset the decline in the number of orders.