Sharp Decline in Profit, Changes in Sales Mix and Rising Costs
First written in FY2017-Q1. 17 of 39 entries say "Worsened", first in FY2017. Latest entry: FY2026.
Iid moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2023: 5 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「For the fiscal year, the Group's consolidated results were net sales of ¥5,952.812 million, down 2.2% year on year; operating profit of ¥226.315 million, down 50.8%; ordinary profit of ¥273.908 million, down 39.7%; and net income attributable to owners of the parent of ¥311.241 million, up 1.1%.」
Net sales declined and the declines in operating profit and ordinary profit widened, while net income attributable to owners of the parent increased. - FY2026-H1Operating and ordinary profit declined, while net income increasedAnnual report
「For the six months of the fiscal year, the Group's consolidated results were net sales of ¥2,995.131 million, down 2.7% year on year; operating profit of ¥223.040 million, down 34.3%; ordinary profit of ¥249.758 million, down 27.3%; and interim net income attributable to owners of the parent of ¥340.421 million, up 67.0%.」
Net sales, operating profit and ordinary profit were below the prior-year period, while interim net income attributable to owners of the parent increased. - FY2025Operating and ordinary profit declined, while net income increased substantiallyAnnual report
「For the fiscal year, the Group's consolidated results were net sales of ¥6,084.749 million, down 0.7% year on year; operating profit of ¥459.897 million, down 12.2%; ordinary profit of ¥454.458 million, down 17.0%; and net income attributable to owners of the parent of ¥307.986 million, up 88.8%.」
Net sales, operating profit and ordinary profit were below the previous fiscal year's levels, while net income attributable to owners of the parent increased substantially due to extraordinary gains, including gains on the sale of investment securities. - FY2025-H1MitigatedAnnual report
「For the six months of the fiscal year, the Group's consolidated results were net sales of ¥3,077.057 million, up 1.6% year on year; operating profit of ¥339.667 million, up 24.8%; ordinary profit of ¥343.674 million, up 25.4%; and interim net income attributable to owners of the parent of ¥203.801 million, up 37.2%.」
In addition to higher net sales, operating profit, ordinary profit and interim net income attributable to owners of the parent all increased year on year, easing the deterioration in profitability from the previous fiscal year during the interim period. - FY2024WorsenedAnnual report
「For the fiscal year, the Group's consolidated results were net sales of ¥6,125.104 million, up 0.9% year on year; operating profit of ¥523.790 million, down 7.9%; ordinary profit of ¥547.695 million, down 3.3%; and net income attributable to owners of the parent of ¥163.153 million, down 41.8%.」
Net sales increased, but operating profit and ordinary profit declined, while net income attributable to owners of the parent fell 41.8%, with the decline widening. - FY2024-Q3Operating profit and net income attributable to owners of the parent declined, while ordinary profit increasedAnnual report
「For the first nine months of the fiscal year, the Group's consolidated results were net sales of ¥4,654.738 million, up 0.9% year on year; operating profit of ¥492.609 million, down 3.1%; ordinary profit of ¥514.589 million, up 0.8%; and net income attributable to owners of the parent of ¥290.521 million, down 13.3%.」
Net sales increased and ordinary profit rose year on year, while operating profit and net income attributable to owners of the parent declined. - FY2024-Q2WorsenedAnnual report
「For the first six months of the fiscal year, the Group's consolidated results were net sales of ¥3,027.497 million, up 4.5% year on year; operating profit of ¥272.265 million, down 9.3%; ordinary profit of ¥274.114 million, down 10.5%; and net income attributable to owners of the parent of ¥148.591 million, down 29.0%.」
Net sales increased, while operating profit, ordinary profit and net income attributable to owners of the parent declined year on year, with the decline in net income attributable to owners of the parent widening in particular. - FY2024-Q1WorsenedAnnual report
「For the first quarter of the fiscal year, the Group's consolidated results were net sales of ¥1,470.353 million, up 8.8% year on year; operating profit of ¥95.197 million, down 32.3%; ordinary profit of ¥86.329 million, down 37.9%; and net income attributable to owners of the parent of ¥44.408 million, down 50.2%.」
Net sales increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined, with the decline in quarterly net income attributable to owners of the parent widening in particular. - FY2023WorsenedAnnual report
「Net sales were ¥6,072.191 million, up 8.9% year on year; operating profit was ¥568.912 million, down 10.8%; ordinary profit was ¥566.466 million, down 11.3%; and net income attributable to owners of the parent was ¥280.198 million, down 37.8%.」
Net sales increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined, with the decline in net income attributable to owners of the parent widening in particular. - FY2023-Q3WorsenedAnnual report
「For the first nine months of the fiscal year, the Group's consolidated results were net sales of ¥4,611.207 million, up 7.9% year on year; operating profit of ¥508.620 million, down 22.8%; ordinary profit of ¥510.672 million, down 21.9%; and net income attributable to owners of the parent of ¥335.071 million, down 24.9%.」
Net sales increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, and the deterioration in profitability through the previous quarter continued. - FY2023-Q2WorsenedAnnual report
「For the first six months of the fiscal year, the Group's consolidated results were net sales of ¥2,896.629 million, up 6.7% year on year; operating profit of ¥300.259 million, down 15.5%; ordinary profit of ¥306.179 million, down 12.3%; and net income attributable to owners of the parent of ¥209.168 million, down 13.8%.」
Net sales increased, while operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, worsening profitability from the previous quarter's growth in operating and ordinary profit. - FY2023-Q1Operating and ordinary profit increased, while net income attributable to owners of the parent declinedAnnual report
「For the first quarter of the fiscal year, the Group's consolidated results were net sales of ¥1,351.561 million, up 6.1% year on year; operating profit of ¥140.682 million, up 10.4%; ordinary profit of ¥138.959 million, up 16.0%; and net income attributable to owners of the parent of ¥89.096 million, down 6.3%.」
Net sales, operating profit and ordinary profit increased year on year, while net income attributable to owners of the parent declined. - FY2022-Q3Operating and ordinary profit increased, while the decline in net income attributable to owners of the parent continuedAnnual report
「For the first nine months of the fiscal year, the Group's consolidated results were net sales of ¥4,273.714 million, up 2.5% year on year; operating profit of ¥658.646 million, up 47.7%; ordinary profit of ¥653.926 million, up 35.6%; and net income attributable to owners of the parent of ¥446.241 million, down 19.2%.」
Net sales, operating profit and ordinary profit increased year on year, while net income attributable to owners of the parent declined 19.2%. - FY2022-Q2Operating and ordinary profit increased, while net income attributable to owners of the parent declinedAnnual report
「For the first six months of the fiscal year, the Group's consolidated results were net sales of ¥2,714.672 million; operating profit of ¥355.416 million, up 49.2% year on year; ordinary profit of ¥349.174 million, up 63.8%; and net income attributable to owners of the parent of ¥242.684 million, down 33.8%.」
Operating profit and ordinary profit increased year on year, but net income attributable to owners of the parent declined year on year. - FY2022-Q1MitigatedAnnual report
「For the first quarter of the fiscal year, the Group's consolidated results were net sales of ¥1,274.149 million; operating profit of ¥127.408 million, up 102.6% year on year; ordinary profit of ¥119.813 million, up 85.2%; and net income attributable to owners of the parent of ¥95.077 million, down 23.5%.」
Operating profit and ordinary profit increased year on year, easing the deterioration in profitability. Net income attributable to owners of the parent, however, declined year on year. - FY2021MitigatedAnnual report
「Net sales were ¥5,407.155 million, up 2.7% year on year; operating profit was ¥454.463 million, up 44.1%; ordinary profit was ¥464.061 million, up 67.2%; and net income attributable to owners of the parent was ¥464.633 million, up 346.5%.」
In addition to higher net sales, operating profit, ordinary profit and net income attributable to owners of the parent all increased substantially, easing the deterioration in profitability from the previous fiscal year over the full year. - FY2021-Q3MitigatedAnnual report
「As a result, for the first nine months of the fiscal year, the Group's consolidated results were net sales of ¥4,170.980 million, up 4.8% year on year; operating profit of ¥446.020 million, up 35.5%; ordinary profit of ¥482.378 million, up 46.0%; and net income attributable to owners of the parent of ¥552.190 million, up 122.2%.」
Net sales, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and the improvement in profitability through the previous quarter continued. - FY2021-Q2MitigatedAnnual report
「As a result, for the first six months of the fiscal year, the Group's consolidated results were net sales of ¥2,829.222 million, up 10.6% year on year; operating profit of ¥238.215 million, up 34.5%; and ordinary profit of ¥213.131 million, up 19.6%.」
Net sales, operating profit and ordinary profit increased year on year, easing the deterioration in profitability observed through the previous quarter. - FY2021-Q1WorsenedAnnual report
「As a result, for the first quarter of the fiscal year, the Group's consolidated results were net sales of ¥1,306.874 million, up 4.0% year on year; operating profit of ¥62.873 million, down 21.3%; and ordinary profit of ¥64.688 million, down 16.8%.」
Although net sales increased, operating profit and ordinary profit declined year on year, confirming a deterioration in operating profitability from the improvement through the first quarter of the previous fiscal year. - FY2020WorsenedAnnual report
「Net sales were ¥5,266.799 million, up 1.4% year on year; operating profit was ¥315.309 million, up 1.5%; ordinary profit was ¥277.598 million, down 11.5%; and net income attributable to owners of the parent was ¥104.058 million, down 46.4%.」
Net sales and operating profit increased slightly, but ordinary profit fell 11.5% and net income attributable to owners of the parent fell 46.4%, indicating a further deterioration in bottom-line profitability. - FY2020-Q3WorsenedAnnual report
「For the first nine months of the fiscal year, the Group's consolidated results were net sales of ¥3,978.616 million, up 1.4% year on year; operating profit of ¥329.134 million, down 13.6%; ordinary profit of ¥330.392 million, down 14.1%; and net income attributable to owners of the parent of ¥248.559 million, down 3.8%.」
Although net sales increased, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, reversing the improvement in profitability through FY2020-Q1. - FY2020-Q2WorsenedAnnual report
「For the first six months of the fiscal year, the Group's consolidated results were net sales of ¥2,558.897 million, up 3.1% year on year; operating profit of ¥177.046 million, down 7.0%; ordinary profit of ¥178.251 million, down 8.0%; and net income attributable to owners of the parent of ¥139.539 million, up 16.7%.」
Net sales and net income attributable to owners of the parent increased, but operating profit and ordinary profit declined year on year, reversing the improvement in operating profitability through the previous quarter. - FY2020-Q1MitigatedAnnual report
「For the first quarter of the fiscal year, the Group's consolidated results were net sales of ¥1,256.352 million, up 10.1% year on year; operating profit of ¥79.869 million, up 30.3%; ordinary profit of ¥77.779 million, up 28.2%; and net income attributable to owners of the parent of ¥76.463 million, up 82.2%.」
Net sales, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, further easing the deterioration in profitability that had continued from the previous fiscal year. - FY2019MitigatedAnnual report
「Net sales were ¥5,192.590 million, up 10.1% year on year; operating profit was ¥310.579 million, up 20.9%; ordinary profit was ¥313.768 million, up 16.6%; and net income attributable to owners of the parent was ¥194.212 million, up 287.4%.」
Net sales, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and the improvement in profitability continued throughout the fiscal year. - FY2019-Q3MitigatedAnnual report
「Against this backdrop, for the nine-month period, the group's revenue was ¥3,923.249 million, up 10.6% year on year; operating profit was ¥381.083 million, up 18.1%; ordinary profit was ¥384.504 million, up 14.5%; and profit attributable to owners of the parent was ¥258.463 million, up 194.9%.」
Revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all increased year on year, and the improvement in profitability continued. - FY2019-Q2MitigatedAnnual report
「For the six-month period, the group's revenue was ¥2,483.002 million, up 10.1% year on year; operating profit was ¥190.309 million, up 56.3%; ordinary profit was ¥193.772 million, up 51.7%; and profit attributable to owners of the parent was ¥119.583 million, up 94.1%.」
Revenue and each profit measure increased year on year, further easing the deterioration in profitability seen through the previous fiscal year and the previous quarter. - FY2019-Q1WorsenedAnnual report
「For the three-month period, the group's revenue was ¥1,140.733 million, up 1.2% year on year; operating profit was ¥61.318 million, up 1.8%; ordinary profit was ¥60.678 million, down 1.2%; and profit attributable to owners of the parent was ¥41.965 million, down 22.4%.」
Operating profit increased slightly, but ordinary profit declined, and profit attributable to owners of the parent fell 22.4% year on year. Net profit deteriorated despite the improvement in profitability since the previous fiscal year. - FY2018MitigatedAnnual report
「Revenue was ¥4,715.516 million, up 7.2% year on year; operating profit was ¥256.883 million, up 194.5%; ordinary profit was ¥269.158 million, up 198.2%; and profit attributable to owners of the parent was ¥50.129 million, compared with a loss attributable to owners of the parent of ¥437.623 million in the previous fiscal year.」
Although the previous fiscal year did not record an operating loss, operating profit and ordinary profit increased significantly from the previous fiscal year's substantial profit decline and loss attributable to owners of the parent, while profit attributable to owners of the parent also returned to profitability. - FY2018-Q3MitigatedAnnual report
「For the nine-month period, the group's revenue was ¥3,546.990 million, up 4.3% year on year; operating profit was ¥322.792 million, up 90.8%; ordinary profit was ¥335.697 million, up 94.9%; and profit attributable to owners of the parent was ¥87.644 million, up 142.4%.」
Revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all increased significantly year on year, further easing the deterioration in profitability that had continued from the previous fiscal year. - FY2018-Q2MitigatedAnnual report
「For the six-month period, the group's revenue was ¥2,254.402 million, up 2.3% year on year; operating profit was ¥121.766 million, up 88.1%; ordinary profit was ¥127.756 million, up 97.7%; and profit attributable to owners of the parent was ¥61.594 million, up 201.9%.」
Revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all increased year on year, further easing the deterioration in profitability that had continued from the previous fiscal year. - FY2018-Q1MitigatedAnnual report
「For the three-month period, the group's revenue was ¥1,126.963 million, up 6.5% year on year; operating profit was ¥60.242 million, up 125.0%; ordinary profit was ¥61.385 million, up 135.2%; and profit attributable to owners of the parent was ¥54.079 million, up 349.3%.」
From the situation in which operating profit, ordinary profit, and profit attributable to owners of the parent had declined significantly in the first quarter of the previous fiscal year, revenue and each profit measure turned higher year on year, easing the deterioration in profitability. - FY2017WorsenedAnnual report
「As a result, the group's revenue was ¥4,399.908 million, down 2.9% year on year; operating profit was ¥87.233 million, down 71.5%; ordinary profit was ¥90.271 million, down 69.7%; and loss attributable to owners of the parent was ¥437.623 million, compared with profit attributable to owners of the parent of ¥143.802 million in the previous fiscal year.」
The declines in operating profit and ordinary profit widened for the full fiscal year, while profit attributable to owners of the parent turned into a loss. - FY2017-Q3RestatedAnnual report
「Against this backdrop, for the nine-month period, the group's revenue was ¥3,401.389 million, down 1.3% year on year; operating profit was ¥169.180 million, down 44.1%; ordinary profit was ¥172.266 million, down 42.0%; and profit attributable to owners of the parent was ¥36.159 million, down 79.2%.」
In addition to lower revenue, operating profit, ordinary profit, and profit attributable to owners of the parent continued to decline significantly. In the CMP business, higher outsourcing and logistics costs resulting from changes in the sales mix were again cited. - FY2017-Q2RestatedAnnual report
「For the six-month period, the group's revenue was ¥2,204.377 million, up 2.2% year on year; operating profit was ¥64.734 million, down 57.0%; ordinary profit was ¥64.621 million, down 55.9%; and profit attributable to owners of the parent was ¥20.404 million, down 76.5%.」
Despite higher revenue, operating profit, ordinary profit, and profit attributable to owners of the parent continued to decline. Higher outsourcing and logistics costs resulting from changes in the sales mix were also cited again. - FY2017-Q1First statedAnnual report
「For the three-month period, the group's revenue was ¥1,058.622 million, up 0.9% year on year; operating profit was ¥26.773 million, down 61.3%; ordinary profit was ¥26.096 million, down 60.5%; and profit attributable to owners of the parent was ¥12.035 million, down 66.3%.」
Revenue increased only slightly, while operating profit, ordinary profit, and profit attributable to owners of the parent declined significantly. The disclosure also identified higher outsourcing and logistics costs associated with changes in the sales mix as factors behind the decline in segment profit.