Plan to achieve profitability in the following fiscal year by shifting sales efforts to water-related businesses and reducing fixed costs
First written in FY2016. 2 of 8 entries say "Restated". Latest entry: FY2019.
0 other companies' latest entry also says "Achieved".
- FY2019AchievedAnnual report
「For the second year of the medium-term management plan, the fiscal year ended June 2019, the company had planned revenue of ¥4,100 million and operating profit of ¥290 million. As earnings from the energy-related business improved substantially, actual revenue was ¥4,380 million and operating profit was ¥494 million, exceeding the numerical targets set in the medium-term plan for the second year as well as the first year.」
For the second year of the medium-term management plan, the company achieved revenue of ¥4,380 million and operating profit of ¥494 million, compared with its plan of revenue of ¥4,100 million and operating profit of ¥290 million, exceeding the plan. - FY2018AchievedAnnual report
「For the current consolidated fiscal year, the fiscal year ended June 2018, revenue was ¥4.2 billion and operating profit was ¥400 million, as earnings from the energy-related business improved substantially, enabling the company to achieve the plan for the first year.」
For the first year of the medium-term management plan, the company achieved revenue of ¥4.2 billion and operating profit of ¥400 million, compared with its plan of revenue of ¥4.1 billion and operating profit of ¥200 million, explicitly achieving the first-year plan. - FY2018-Q3AdvancedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the company recorded operating profit, ordinary profit, and profit attributable to owners of the parent, putting it in a position to expect a full-year profit.」
As a result of shifting sales operations to the water-related business, narrowing target regions, and reducing fixed costs, among other measures, the company recorded operating profit and other profits for the cumulative third quarter and is now in a position to expect a full-year profit. - FY2018-Q1AdvancedAnnual report
「In Japan's water-related business, demand is expected from infrastructure development by government agencies and private-sector capital investment ahead of the Tokyo Olympics. In addition to its traditional government-agency sales activities, the company is pursuing sales in infrastructure construction and the linen industry. In its overseas water-related business, the company is focusing its sales activities on regions where it has a track record of installations or receives inquiries.」
As measures to improve earning power, the company continued expanding its domestic sales targets, narrowing its overseas target regions, and downsizing factories in the energy-related business, recording operating profit, ordinary profit, and profit attributable to owners of the parent in the first quarter. This does not indicate that the full-year plan will be achieved. - FY2017-Q3RestatedAnnual report
「Since the beginning of the fiscal year, we have positioned changing our core sector from “energy” to “water” as a key objective and have focused on sales activities in the water-related business under the new structure.」
As measures to improve earning power, the company continues to shift toward the water-related business, improve profit margins, and reduce fixed costs and selling, general and administrative expenses. Overseas sales are being limited to selected regions, with greater emphasis placed on developing the domestic market. - FY2017-Q2SoftenedAnnual report
「The overseas water-related business had been pursuing sales activities for some time, but expected orders have not progressed. To use management resources more effectively, the company will temporarily review its efforts to develop overseas opportunities. Going forward, it will focus on the domestic market, where demand exists, and seek to expand orders by concentrating on developing that market.」
Compared with the previous shift to the water-related business and plan to return to full-year profitability, the outlook for the current period has changed to an ordinary loss, with the focus narrowed from overseas projects to the domestic market. - FY2017-Q1RestatedAnnual report
「To address these events and circumstances, the company shifted its sales operations from the energy-related business, which is significantly affected by the external environment, to the water-related business, and strengthened its order-management framework. It also formulated a reliable plan for the current consolidated fiscal year incorporating reductions in fixed costs and other measures. As a result, the company expects to be profitable for the full current consolidated fiscal year.」
The company continues to indicate a shift in sales operations to the water-related business, stronger order management, fixed-cost reductions, and an expected full-year profit for the current consolidated fiscal year. - FY2016First statedAnnual report
「To address these events and circumstances, the company shifted its sales operations from the energy-related business, which is significantly affected by the external environment, to the water-related business, and strengthened its order-management framework. It also formulated a reliable plan for the following fiscal year incorporating reductions in fixed costs and other measures. As a result, the company expects to be profitable for the full following consolidated fiscal year.」
In response to going-concern risks, the company has indicated a shift in sales operations, stronger order management, fixed-cost reductions, and an expected return to profitability in the following fiscal year.