Breaking Away from a Loss-Making Profile and Rebuilding the Earnings Base
First written in FY2016. 25 of 32 entries say "Restated". Latest entry: FY2026.
Gamecard Holdings moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2019: 13 of 91 companies on the "Worse" side.
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In this environment, we will strengthen corporate governance and promote sustainability, while addressing the following issues in order for the Group to maintain medium- to long-term growth and further strengthen its management foundation.」
The company has reorganised the existing issues of securing earnings and strengthening its management foundation into 5 issues linked to strengthening corporate governance and promoting sustainability: procurement, production, DX, development investment, new businesses, and human capital. - FY2026-H1RestatedAnnual report
「There have been no significant changes or newly arising issues concerning the issues to be addressed by the Group during the interim consolidated accounting period.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed, including securing earnings, achieving medium- to long-term growth, and strengthening its management foundation. - FY2025-H1RestatedAnnual report
「There have been no significant changes or newly arising issues concerning the issues to be addressed by the Group during the interim consolidated accounting period.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed, including securing earnings, achieving medium- to long-term growth, and strengthening its management foundation. - FY2024-Q3RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the nine months ended 31 December.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed, including securing earnings, achieving medium- to long-term growth, and strengthening its management foundation. - FY2024-Q1RestatedAnnual report
「There have been no material changes in the matters that our group needs to address during the cumulative first-quarter consolidated period.」
The company states that there have been no significant changes regarding the previously identified issues to be addressed, including securing earnings, achieving medium- to long-term growth, and strengthening its management foundation. - FY2023-Q3RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the nine months ended 31 December.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed, including securing earnings, achieving medium- to long-term growth, and strengthening its management foundation. - FY2023-Q2RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the six months ended 30 September.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed, including securing earnings, achieving medium- to long-term growth, and strengthening its management foundation. - FY2023-Q1RestatedAnnual report
「There have been no material changes in the matters that our group needs to address during the cumulative first-quarter consolidated period.」
The company states that there have been no significant changes regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2022RestatedAnnual report
「In this environment, we will address the following issues in order for the Group to maintain medium- to long-term growth and further strengthen its management foundation.」
The company continues to identify maintaining medium- to long-term growth and strengthening its management foundation as issues to be addressed. - FY2022-Q3RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the nine months ended 31 December.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2022-Q2RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the six months ended 30 September.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2022-Q1RestatedAnnual report
「There have been no material changes in the matters that our group needs to address during the cumulative first-quarter consolidated period.」
The company states that there have been no significant changes regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2021-Q3RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the nine months ended 31 December.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2021-Q2RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the six months ended 30 September.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2021-Q1RestatedAnnual report
「There have been no material changes in the matters that our group needs to address during the cumulative first-quarter consolidated period.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2020RestatedAnnual report
「As the provision of products and services that respond to changes in the environment is required, we will address the following 4 issues in order to secure earnings and achieve medium- to long-term growth.」
To secure earnings and achieve medium- to long-term growth, the company continues to identify 4 issues: adapting its business structure to market changes, developing products compliant with new regulations, strengthening its organisational capabilities, and creating new businesses. - FY2020-Q3RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the nine months ended 31 December.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2020-Q2RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the six months ended 30 September.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no material changes to, or newly arising issues among, the matters that our Group must address.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed in order to secure earnings and achieve medium- to long-term growth. - FY2019RestatedAnnual report
「In this environment, to secure earnings and achieve medium- to long-term growth, we will address the following 4 issues.」
To secure earnings and achieve medium- to long-term growth, the company continues to identify 4 issues: adapting its business structure to market changes, developing products compliant with new regulations, strengthening its sales capabilities, and creating new businesses. - FY2019-Q3RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the nine months ended 31 December.」
The company states that there have been no significant changes or new issues regarding the previously identified issues to be addressed, including rebuilding its earnings base. - FY2019-Q2RestatedAnnual report
「Under these conditions, since the previous fiscal year our group has made management streamlining a theme, centered on completing structural reforms and maximizing their effects.」
The company has continued to pursue the completion of structural reforms, maximization of their effects and management streamlining since the previous fiscal year. No new achievements or numerical targets are stated. - FY2019-Q1RestatedAnnual report
「Since the previous fiscal year, we have also worked to streamline management, centered on completing structural reforms and maximizing their effects.」
The company has continued to pursue the completion of structural reforms, maximization of their effects and management streamlining since the previous fiscal year, but reports no new achievements. - FY2018AdvancedAnnual report
「For the fiscal year, revenue was ¥16,928 million, down 17.0% year on year, while operating income was ¥3,596 million, up 87.4%; ordinary income was ¥3,594 million, up 84.8%; and net income attributable to owners of the parent was ¥2,318 million, compared with ¥27 million in the previous fiscal year.」
The annual results show that, while revenue declined amid market contraction, earnings at each stage improved, indicating progress in moving beyond a loss-making structure and rebuilding the earnings base. - FY2018-Q3AdvancedAnnual report
「With the objective of completing structural reforms and maximizing their effects, the company established and pursued three core initiatives: ① streamlining the business through the selective concentration of products and services, ② streamlining finances through real-time management of inventory and receivables, and ③ streamlining operations through a new structure focused on efficiency and speed. As a result, gross profit declined slightly year on year, but earnings at each stage below operating income substantially exceeded the previous year’s levels, as follows.」
The company states that, as a result of pursuing three forms of streamlining—business, financial and operational—to complete structural reforms and maximize their effects, gross profit declined slightly while earnings at each stage below operating income significantly exceeded the previous year’s levels. - FY2018-Q2AdvancedAnnual report
「The company demonstrated the effect of containing selling, general and administrative expenses through structural reforms implemented in the previous fiscal year. For the six months ended September 2024, operating income was ¥1,931 million, ordinary income was ¥1,927 million and net income was ¥1,399 million, indicating progress in rebuilding the earnings base.」
The company describes the effects of containing selling, general and administrative expenses through structural reforms implemented in the previous fiscal year, noting operating income of ¥1,931 million, ordinary income of ¥1,927 million and net income of ¥1,399 million as evidence of progress in rebuilding the earnings base. - FY2018-Q1AdvancedAnnual report
「Under these conditions, our group’s sales initiatives enabled us to steadily secure profits and achieve gross profit broadly in line with the previous fiscal year by promptly identifying the various needs of pachinko halls and responding flexibly. In addition, the cost reductions from relocating our head office and subsidiary offices in the previous fiscal year, together with the effects of structural reforms centered on soliciting voluntary retirements, allowed us to contain selling, general and administrative expenses, resulting in substantial growth in operating income and earnings at each stage below it.」
The company states that structural reforms centered on relocating the head office and subsidiary offices and soliciting voluntary retirements helped contain selling, general and administrative expenses and increase earnings. - FY2017AdvancedAnnual report
「For the fiscal year ending March 2017, we worked to move beyond a loss-making structure and rebuild an operating foundation capable of steadily generating earnings even as the market contracted. Specifically, we instilled an awareness of profitability throughout the workforce, implemented thorough budget-versus-actual profit and loss management for selling, general and administrative expenses, and relocated our head office and subsidiary offices to achieve further cost reductions.」
To move beyond a loss-making structure and rebuild the earnings base, the company instilled an awareness of profitability, managed budget-versus-actual results, relocated offices and reduced costs, while continuing to pursue earnings generation and medium- to long-term growth as issues for the following fiscal year. - FY2017-Q3RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the nine months ended 31 December.」
Regarding issues to be addressed, the company continued its existing assessment, stating that there were no material changes or new issues. - FY2017-Q2RestatedAnnual report
「There were no material changes or newly arising issues concerning the matters that the Group should address during the six months ended 30 September.」
Regarding issues to be addressed, the company continued its existing assessment, stating that there were no material changes or new issues, including the rebuilding of its earnings base. - FY2017-Q1RestatedAnnual report
「To overcome these difficult conditions, we recognized the need to rebuild an operating foundation capable of steadily generating earnings even as the market contracts. We therefore worked to improve operational efficiency through various structural reforms, reduce manufacturing costs, selling, general and administrative expenses by establishing a development structure that requires less time and expense, and develop products and services that contribute to the revitalization of the amusement industry and earn market support.」
The company continued to identify rebuilding an operating foundation capable of generating earnings despite market contraction as an issue to address, while pursuing structural reform, a review of its development structure, cost reductions, and product and service development. - FY2016First statedAnnual report
「For the fiscal year ending March 2017, under these circumstances, we considered our top priority to be moving beyond a loss-making structure and rebuilding an operating foundation capable of steadily generating earnings even as the market contracts. Specifically, we pursued the following three initiatives.」
The three top priorities for the fiscal year ending March 2017 were structural reform, selective concentration of development investment, and the creation of new businesses.