Profit Improvement Through Margin Expansion and Expense Reduction

「Net sales increased on a yen-converted basis, particularly because the yen weakened against the euro. However, profitability declined in Europe because of insufficient sales, and higher selling, general and administrative expenses caused operating income and ordinary income to decline from the year-earlier period.」

「特にユーロが前年同期比で大幅な円安水準で推移したこともあり、邦貨換算上の売上高は上振れしましたが、現状の不透明な社会・経済情勢の影響を受け、欧州を中心に収益改善が遅れております。」

「Although the company worked to reduce expenses in response to these conditions, the impact of lower sales was substantial. Operating income decreased 14.8% year on year to ¥7,051 million, and ordinary income decreased 16.5% to ¥7,715 million.」

「Although the trend toward postponed decisions on large projects continued, order intake in both the powder-related and plastic film-related businesses remained at approximately the same level as in the previous fiscal year. The order backlog was below the year-earlier level but increased from the end of the previous fiscal year. Operating income and ordinary income declined from the year-earlier period because few projects were scheduled for sales during the interim period and net sales decreased. The company recorded costs for business restructuring overseas as extraordinary losses, but interim net income attributable to owners of the parent increased because these losses were minor compared with the extraordinary losses recorded in the year-earlier period.」

「Net sales increased 7.4% year on year to ¥85,432 million, partly reflecting the weaker yen. Reflecting higher sales and improved gross profit, operating income increased 4.0% to ¥8,279 million and ordinary income increased 10.7% to ¥9,241 million, both reaching record highs. Meanwhile, net income attributable to owners of the parent decreased 6.5% to ¥5,580 million due to extraordinary losses, including systems development losses, impairment losses and losses on the sale or disposal of fixed assets.」

「Except for certain procured components, the issue of longer delivery times has gradually improved, and net sales increased 11.5% year on year to ¥41,477 million. In terms of profit, operating income increased 18.0% to ¥3,779 million, reflecting higher sales and the growing recognition of sales from projects in which higher materials costs had been reflected in selling prices.」

「Order intake decreased 8.9% year on year to ¥23,984 million, the order backlog decreased 1.6% to ¥55,759 million, and net sales increased 9.9% to ¥20,259 million. In terms of profit, operating income increased 12.5% to ¥1,571 million, ordinary income increased 23.8% to ¥1,827 million, and quarterly net income attributable to owners of the parent increased 9.5% to ¥1,204 million.」

「As projects involving the pass-through of sharply higher procurement prices into selling prices gradually began to contribute to sales from the second half of the fiscal year, profitability improved. Operating income increased 44.4% year on year to ¥7,961 million, ordinary income increased 44.6% to ¥8,349 million, and net income attributable to owners of the parent increased 48.9% to ¥5,968 million.」

「During the first 3 quarters, order intake increased 6.4% year on year to ¥62,456 million, the order backlog increased 12.7% to ¥59,719 million, and net sales increased 18.1% to ¥56,287 million. In terms of profit, operating income increased 27.1% to ¥4,953 million, ordinary income increased 28.6% to ¥5,192 million, and quarterly net income attributable to owners of the parent increased 23.2% to ¥3,847 million.」

「Against this economic backdrop, results remained generally solid. During the first 2 quarters, order intake increased 11.1% year on year to ¥44,054 million, the order backlog increased 22.1% to ¥56,897 million, and net sales increased 14.1% to ¥37,182 million. In terms of profit, operating income increased 5.8% to ¥3,204 million, ordinary income increased 7.7% to ¥3,367 million, and quarterly net income attributable to owners of the parent increased 4.7% to ¥2,529 million.」

「Order intake increased 26.2% year on year to ¥26,328 million, the order backlog increased 32.2% to ¥56,637 million, and net sales increased 18.2% to ¥18,436 million. In terms of profit, operating income decreased 3.4% to ¥1,397 million, ordinary income increased 0.1% to ¥1,476 million, and quarterly net income attributable to owners of the parent increased 8.6% to ¥1,099 million.」

「During the fiscal year, order intake increased 7.6% year on year to ¥75,035 million and net sales increased 10.1% to ¥66,916 million. The order backlog increased 34.4% to ¥49,976 million. In terms of profit, operating income decreased 13.5% to ¥5,513 million, ordinary income decreased 12.2% to ¥5,773 million, and net income attributable to owners of the parent decreased 14.7% to ¥4,007 million, due partly to higher logistics costs and the inability to fully pass on surging procurement prices, particularly in Europe, to selling prices.」

「During the first 3 quarters, order intake increased 5.1% year on year to ¥58,698 million, the order backlog increased 29.5% to ¥52,978 million, and net sales increased 9.5% to ¥47,676 million. In terms of profit, operating income decreased 9.8% to ¥3,898 million, ordinary income decreased 10.6% to ¥4,038 million, and quarterly net income attributable to owners of the parent decreased 1.8% to ¥3,122 million.」

「During the first 2 quarters, order intake increased 8.1% year on year to ¥39,661 million, the order backlog increased 24.9% to ¥46,605 million, and net sales increased 18.0% to ¥32,600 million. In terms of profit, operating income increased 18.6% to ¥3,028 million, ordinary income increased 16.0% to ¥3,126 million, and quarterly net income attributable to owners of the parent increased 25.2% to ¥2,415 million.」

「Against this economic backdrop, results remained generally solid. During the first 3 quarters, order intake increased 21.6% year on year to ¥20,857 million, the order backlog increased 38.3% to ¥42,848 million, and net sales increased 13.6% to ¥15,601 million. In terms of profit, operating income increased 10.5% to ¥1,446 million, ordinary income increased 5.8% to ¥1,475 million, while quarterly net income attributable to owners of the parent decreased 1.7% to ¥1,012 million.」

「Primarily reflecting higher sales, operating income increased 33.0% year on year to ¥6,370 million, ordinary income increased 31.3% to ¥6,574 million, and net income attributable to owners of the parent increased 41.7% to ¥4,699 million, each setting a new record high.」

「Although order intake continued to lead sales, sales delays gradually began to ease, and results remained solid and above the initial forecast. During the first 3 quarters, order intake increased 27.0% year on year to ¥55,850 million, the order backlog increased 43.3% to ¥40,896 million, and net sales increased 14.2% to ¥43,521 million. In terms of profit, operating income increased 66.6% to ¥4,322 million, ordinary income increased 62.2% to ¥4,517 million, and quarterly net income attributable to owners of the parent increased 74.2% to ¥3,178 million.」

「Against this economic backdrop, results remained solid and exceeded the initial forecast, although some sales were delayed by the COVID-19 pandemic. During the first 2 quarters, order intake increased 15.3% year on year to ¥36,672 million, the order backlog increased 35.6% to ¥37,314 million, and net sales increased 3.8% to ¥27,631 million. In terms of profit, operating income increased 36.5% to ¥2,552 million, ordinary income increased 33.5% to ¥2,695 million, and quarterly net income attributable to owners of the parent increased 58.0% to ¥1,929 million.」

「During the first 3 quarters, order intake increased 7.0% year on year to ¥17,154 million, the order backlog increased 19.9% to ¥30,974 million, and net sales increased 4.2% to ¥13,729 million. In terms of profit, operating income increased 39.3% to ¥1,308 million, ordinary income increased 39.5% to ¥1,393 million, and quarterly net income attributable to owners of the parent increased 44.2% to ¥1,030 million.」

「Against this challenging economic backdrop, order intake remained solid, but restrictions on field work arising from travel restrictions within Japan and between countries delayed commissioning and other operations, preventing order intake from translating into earnings. During the first 3 quarters, order intake increased 2.1% year on year to ¥43,976 million, the order backlog increased 3.9% to ¥28,548 million, and net sales decreased 6.3% to ¥38,097 million. In terms of profit, operating income decreased 37.1% to ¥2,593 million, ordinary income decreased 34.6% to ¥2,784 million, and quarterly net income attributable to owners of the parent decreased 39.0% to ¥1,823 million.」

「Against this economic backdrop, order intake remained solid, but many large projects generally had long delivery schedules and did not translate into earnings. During the first 2 quarters, order intake increased 4.2% year on year to ¥31,812 million, the order backlog decreased 0.8% to ¥27,526 million, and net sales decreased 5.9% to ¥26,630 million. In terms of profit, operating income decreased 43.0% to ¥1,869 million, ordinary income decreased 40.0% to ¥2,019 million, and quarterly net income attributable to owners of the parent decreased 48.4% to ¥1,220 million.」

「Order intake remained solid but did not translate into earnings because of delivery schedules. During the first 3 quarters, order intake increased 1.2% year on year to ¥16,028 million, the order backlog decreased 5.9% to ¥25,839 million, and net sales decreased 6.5% to ¥13,170 million. In terms of profit, operating income decreased 38.7% to ¥939 million, ordinary income decreased 36.8% to ¥999 million, and quarterly net income attributable to owners of the parent decreased 36.4% to ¥714 million.」

「Order intake decreased 3.5% year on year to ¥43,069 million, the order backlog decreased 5.8% to ¥27,473 million, and net sales decreased 2.4% to ¥40,655 million. In terms of profit, operating income decreased 16.9% to ¥4,125 million, ordinary income decreased 15.7% to ¥4,256 million, and quarterly net income attributable to owners of the parent decreased 8.6% to ¥2,989 million.」

「During the first 2 quarters, order intake decreased 4.6% year on year to ¥30,542 million, the order backlog decreased 10.3% to ¥27,747 million, and net sales increased 4.2% to ¥28,299 million. In terms of profit, operating income increased 4.6% to ¥3,279 million, ordinary income increased 8.0% to ¥3,367 million, and quarterly net income attributable to owners of the parent increased 22.5% to ¥2,366 million.」

「Order intake decreased 1.2% year on year to ¥15,845 million, the order backlog decreased 10.0% to ¥27,466 million, and net sales increased 10.9% to ¥14,086 million. In terms of profit, operating income increased 2.9% to ¥1,532 million, ordinary income increased 3.9% to ¥1,580 million, and quarterly net income attributable to owners of the parent increased 46.2% to ¥1,122 million.」

「Reflecting the benefit of higher sales and margin improvement from selling the high-value-added products and systems in which the Group specializes, operating income reached a record high, increasing 29.6% year on year to ¥6,541 million. Ordinary income likewise increased 27.5% to ¥6,656 million, while net income attributable to owners of the parent increased 17.7% to ¥4,205 million.」

「Operating income increased 64.0% year on year to ¥4,966 million, ordinary income increased 57.4% to ¥5,048 million, and quarterly net income attributable to owners of the parent increased 43.1% to ¥3,271 million.」

「During the first 2 quarters, order intake increased 19.6% year on year to ¥32,028 million, the order backlog increased 39.3% to ¥30,926 million, and net sales increased 17.7% to ¥27,162 million. In terms of profit, operating income increased 44.4% to ¥3,136 million, ordinary income increased 35.5% to ¥3,118 million, and quarterly net income attributable to owners of the parent increased 18.1% to ¥1,932 million.」

「Operating income increased 101.7% year on year to ¥1,489 million, ordinary income increased 71.8% to ¥1,521 million, and quarterly net income attributable to owners of the parent increased 23.3% to ¥767 million.」

「In terms of profit, operating income reached a record high, increasing 37.9% year on year to ¥5,045 million, while ordinary income likewise increased 40.4% to ¥5,219 million, reflecting the benefit of higher sales and margin improvement from selling the high-value-added products and systems in which the Group specializes. Net income attributable to owners of the parent increased 41.2% to ¥3,572 million.」

「During the first 3 quarters, order intake increased 17.8% year on year to ¥42,182 million, the order backlog increased 39.2% to ¥26,623 million, and net sales increased 9.8% to ¥34,993 million. In terms of profit, operating income increased 45.4% to ¥3,028 million, ordinary income increased 53.8% to ¥3,207 million, and quarterly net income attributable to owners of the parent increased 59.6% to ¥2,285 million.」

「Order intake increased 1.6% year on year to ¥12,617 million, the order backlog increased 8.5% to ¥20,757 million, and net sales increased 1.5% to ¥10,815 million. In terms of profit, operating income increased 22.6% to ¥738 million, ordinary income increased 29.9% to ¥885 million, and net income attributable to owners of the parent increased 39.1% to ¥622 million.」

「As a result of focusing on buoyant markets and application-specific markets, as well as pursuing various operational efficiency initiatives, the local-currency results of the Group's major overseas consolidated subsidiaries remained solid. Operating income increased 49.3% year on year to ¥3,657 million, and ordinary income increased 40.5% to ¥3,718 million.」

「In terms of profit, operating income increased 181.2% year on year to ¥2,083 million, and ordinary income increased 134.9% to ¥2,085 million, reflecting improved margins and the effects of cost cutting.」