FY2023-Q1 order intake rises while revenue and earnings decline, resulting in losses

「As a result, orders for the cumulative first quarter amounted to ¥449,874 thousand, up 29.4% year on year. Revenue amounted to ¥239,108 thousand, down 21.2%. Although selling, general and administrative expenses declined due to lower personnel expenses and other factors, the decline in gross profit accompanying lower revenue resulted in an operating loss of ¥28,113 thousand, compared with an operating loss of ¥4,550 thousand in the same period of the previous year. The operating loss resulted in an ordinary loss of ¥27,756 thousand, compared with an ordinary loss of ¥3,536 thousand in the same period of the previous year. As a result, the quarterly net loss for the cumulative first quarter amounted to ¥20,016 thousand, compared with quarterly net income of ¥4,416 thousand in the same period of the previous year.」