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Iid (6038) · TargetWorsenedLatest Financial Results Presentation (2026-08-14): "Mitigated"

Maintaining a stable earnings base in the CMS business and developing a new earnings base

First written in FY2018. 13 of 27 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-08-14.

27entries
9years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2019-Q1 – FY2020-Q1MitigatedFY2020-Q2 – FY2022-Q3WorsenedFY2024 – 2026-05-152018: 22019: 420192020: 420202021: 420212022: 320222023: 420232024: 220242025: 220252026: 22026
Same theme, other companies
Stabilizing the Revenue BaseA theme 95 companies write about · 0 as a headwind · 96 as a tailwind

Iid moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).

0 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 95 companies compared. The sentences above are computed from all 95.
Full recordFilings, disclosures and news, newest first
  1. 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.」

    Regarding the stable earnings base of the CS business, full-year revenue and profit declined due to weak orders for large projects.
  2. FY2025-H1WorsenedAnnual report

    「Orders for large projects, particularly in 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 thousand, down 33.8% year on year, and the segment loss was ¥7,529 thousand, compared with segment profit of ¥64,867 thousand in the same period of the previous year.」

    In the CS business, revenue declined 33.8% due to weak orders for large projects, and the segment moved from profit in the same period of the previous year to a loss. This indicated deterioration in the challenge of maintaining a stable earnings base.
  3. 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.」

    Regarding the stable earnings base of the CS business, full-year revenue and operating profit declined due to sluggish orders for EC solutions and weak orders for research solutions in the fourth quarter.
  4. 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 CS business is described as having secured orders broadly similar to those in the same period of the previous year, with no significant change in revenue or operating profit. The situation concerning maintenance of the stable earnings base was reconfirmed, but the report does not state that development of new earnings bases has been completed.
  5. FY2024-Q1MitigatedAnnual 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.」

    Revenue and profit in the CS business increased on strong orders for large projects, easing the situation concerning the stable earnings base, which had deteriorated through the previous fiscal year.
  6. FY2023WorsenedAnnual report

    「In the CS business, both research solutions and EC solutions received fewer orders for large projects with high gross margins than in the previous fiscal year, resulting in declines in both revenue and profit.」

    Regarding the stable earnings base of the CS business, revenue and profit both declined due to fewer orders for large projects with high gross margins, indicating deterioration from the improvement through the previous fiscal year.
  7. FY2023-Q3WorsenedAnnual report

    「In the CS business, both research solutions and EC solutions received fewer orders for large projects with high gross margins than in the same period of the previous year, resulting in declines in both revenue and operating profit.」

    Revenue and operating profit in the CS business both declined year on year, and the deteriorated condition following the improvement through the previous quarter continued with respect to the challenge of maintaining a stable earnings base.
  8. FY2023-Q2WorsenedAnnual report

    「In the CS business, both research solutions and EC solutions received fewer orders for large projects with high gross margins than in the same period of the previous year, resulting in declines in both revenue and operating profit.」

    Revenue and operating profit in the CS business both declined year on year, indicating deterioration from the improvement through the previous quarter in the challenge of maintaining a stable earnings base.
  9. FY2023-Q1WorsenedAnnual report

    「In the CS business, both research solutions and EC solutions received fewer orders for large projects with high gross margins than in the same period of the previous year, resulting in declines in both revenue and operating profit.」

    Revenue and operating profit in the CS business both declined, indicating deterioration from the improvement through the previous quarter in the challenge of maintaining a stable earnings base.
  10. FY2022-Q3MitigatedAnnual 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.」

    Revenue and segment profit in the CS business increased due to orders for large projects and other factors, further easing the situation concerning the stable earnings base.
  11. FY2022-Q2MitigatedAnnual 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 maintained or increased revenue while segment profit increased substantially, further easing the situation concerning the stable earnings base.
  12. FY2022-Q1MitigatedAnnual 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.」

    The CMS business recovered from a segment loss in the same period of the previous year to a profit, easing the situation concerning the challenge of maintaining a stable earnings base. The report does not state that development of new earnings bases has been completed.
  13. FY2021MitigatedAnnual report

    「In the CMS business, revenue from research solutions declined 6.8% year on year and revenue from EC solutions declined 27.9% year on year, as the previous year included orders for large projects. As a result, segment revenue was ¥730,487 thousand, down 12.3% year on year, while segment profit, or operating profit, was ¥74,697 thousand, up 49.5% year on year.」

    Revenue declined due to a decrease in large projects, but segment profit increased 49.5% year on year as a result of improved margins, improving the situation concerning the stable earnings base.
  14. FY2021-Q3MitigatedAnnual 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%.」

    Although CMS business revenue declined, segment profit increased 13.4% year on year due to improved margins, further easing the situation concerning the stable earnings base.
  15. FY2021-Q2MitigatedAnnual report

    「As a result, segment revenue was ¥338,181 thousand, down 13.9% year on year, and segment profit, or operating profit, was ¥25,095 thousand, up 60.8% year on year.」

    Although revenue declined due to a decrease in large projects, the CMS business secured segment profit of ¥25,095 thousand, with profit increasing year on year.
  16. FY2021-Q1MitigatedAnnual report

    「As a result, segment revenue was ¥147,613 thousand, down 12.9% year on year, and the segment loss was ¥2,285 thousand, compared with a loss of ¥10,184 thousand in the same period of the previous year.」

    CMS business revenue declined 12.9% year on year, while the segment loss narrowed from ¥10,184 thousand in the same period of the previous year to ¥2,285 thousand, partially easing the deterioration in the earnings base through the previous quarter.
  17. FY2020MitigatedAnnual report

    「As a result, full-year segment revenue was ¥833,383 thousand, up 4.8% year on year, and segment profit, or operating profit, was ¥49,972 thousand, up 615.8% year on year.」

    CMS business revenue and segment profit increased for the full fiscal year, with profit improving from ¥6,981 thousand in the previous fiscal year to ¥49,972 thousand, easing the situation concerning the stable earnings base.
  18. FY2020-Q3MitigatedAnnual 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%.」

    Against the backdrop of winning a large project, CMS business revenue and segment profit increased year on year, and the recovery from the losses through the previous quarter progressed further.
  19. FY2020-Q2MitigatedAnnual 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 business revenue increased, and segment profit recovered from a loss in the same period of the previous year, easing the situation concerning the stable earnings base compared with through the previous quarter. However, the report does not state that stable maintenance or development of new earnings bases has been completed.
  20. FY2020-Q1WorsenedAnnual report

    「As a result, segment revenue was ¥169,549 thousand, down 4.9% year on year, and the segment loss was ¥10,184 thousand, compared with a loss of ¥1,798 thousand in the same period of the previous year.」

    CMS business revenue declined 4.9% year on year, while the segment loss widened from ¥1,798 thousand in the same period of the previous year to ¥10,184 thousand, indicating a deterioration in the challenge of maintaining a stable earnings base.
  21. FY2019WorsenedAnnual report

    「As a result, full-year segment revenue was ¥795,032 thousand, down 3.6% year on year, and segment profit, or operating profit, was ¥6,981 thousand, down 84.4% year on year.」

    Against the challenge of maintaining a stable earnings base in the CMS business, full-year revenue declined and segment profit also fell substantially.
  22. FY2019-Q3WorsenedAnnual report

    「As a result, segment revenue was ¥605,288 thousand, down 2.2% year on year, and segment profit, or operating profit, was ¥23,271 thousand, down 38.2% year on year.」

    CMS business revenue and segment profit both declined year on year, indicating continued deterioration in the challenge of maintaining a stable earnings base.
  23. FY2019-Q2WorsenedAnnual report

    「As a result, segment revenue was ¥355,180 thousand, down 11.8% year on year, and the segment loss, or operating loss, was ¥8,631 thousand, compared with segment profit of ¥8,891 thousand in the same period of the previous year.」

    CMS business revenue declined, and the shift from segment profit to operating loss continued from the previous quarter, indicating further deterioration in the challenge of maintaining a stable earnings base.
  24. FY2019-Q1WorsenedAnnual report

    「As a result, segment revenue was ¥178,359 thousand, down 18.8% year on year, and the segment reported a loss of ¥1,798 thousand, compared with segment profit of ¥15,074 thousand in the same period of the previous year.」

    CMS business revenue declined and the segment moved from profit in the same period of the previous year to a loss, indicating a deterioration in the challenge of maintaining a stable earnings base.
  25. FY2018First statedAnnual report

    「Going forward, we recognise that, in addition to expanding the CMP business through the expansion of media genres and an increase in web media, it will be important to maintain a stable earnings base in the CMS business and to develop new earnings bases.」

    For the first time, the company explicitly identified the expansion of the CMP business, maintenance of a stable earnings base in the CMS business and development of new earnings bases as key issues.
Moved together

"Return to profitability through higher order-unit prices in the CMS business" moved the same way as this thread, in the same document, in 23 of its 27 moves.

23108765★123456
  1. ★This thread
  2. 1Return to profitability through higher order-unit prices in the CMS business23×
  3. 2Sharp Decline in Profit, Changes in Sales Mix and Rising Costs10×
  4. 3Business Contributions from M&A and Additional Acquisitions of Subsidiary Interests8×
  5. 4Expansion of the CMP Business's Media Network7×
  6. 5Dependence on Advertising and Marketing Revenue6×
  7. 6Introduction of a Restricted Stock Compensation Plan5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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No upcoming earnings preview for Iid yet. It last moved in the Financial Results Presentation of 2026-08-14: "Mitigated".
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Maintaining a stable earnings base in the CMS business and developing a new earnings base | IID,Inc. (6038) | Komori