Improving Profitability and Price Competitiveness and Establishing a Strong Management Foundation
First written in FY2016. 19 of 29 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The Group formulated the six-year medium-term management plan "KITAGAWA 2030," commencing 1 July 2024. The targets for the fiscal year ending June 2026 are net sales of ¥6,600 million and operating profit of ¥660 million. As a result of focusing on the initiatives under this plan, net sales reached ¥6,607 million and operating profit reached ¥949 million, both exceeding the initial forecasts.」
For the fiscal year ending June 2026, both net sales and operating profit exceeded the targets under "KITAGAWA 2030." - FY2026-H1AdvancedAnnual report
「As a result, for the six months ended the interim period, revenue was ¥2,718 million, down 6.7% year on year, operating profit was ¥506 million, up 18.6%, ordinary profit was ¥560 million, up 34.8%, and interim net profit attributable to owners of the parent was ¥386 million, up 35.3%.」
While net sales declined 6.7% year on year, operating profit was ¥506 million, ordinary profit was ¥560 million, and interim net profit was ¥386 million, with each profit figure exceeding the year-earlier period. - FY2025-H1WorsenedAnnual report
「As a result, for the six months ended the interim period, revenue was ¥2,913 million, down 12.2% year on year, operating profit was ¥427 million, down 5.5%, ordinary profit was ¥416 million, down 6.8%, and interim net profit attributable to owners of the parent was ¥285 million, down 23.7%.」
For the interim consolidated accounting period, revenue, operating profit, ordinary profit and interim net profit attributable to owners of the parent were all below the year-earlier period. However, each profit item remained positive. - FY2024-Q3AdvancedAnnual report
「As a result, for the nine months ended the third quarter, revenue was ¥4,263 million, up 7.2% year on year, operating profit was ¥488 million, up 47.6%, ordinary profit was ¥501 million, up 48.4%, and net profit attributable to owners of the parent was ¥426 million, up 47.5%.」
For the nine months ended the third quarter, operating profit was ¥488 million, ordinary profit was ¥501 million and net profit attributable to owners of the parent was ¥426 million, with each exceeding the year-earlier period. - FY2024-Q2AdvancedAnnual report
「As a result, for the six months ended the second quarter, revenue was ¥3,317 million, up 49.4% year on year, operating profit was ¥451 million, up 129.1%, ordinary profit was ¥446 million, up 145.0%, and net profit attributable to owners of the parent was ¥374 million, up 152.0%.」
For the six months ended the second quarter, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceeded the year-earlier period, demonstrating progress in improving earnings power. - FY2021AchievedAnnual report
「As a result, for the current consolidated fiscal year, revenue was ¥4,819 million, up 13.0% year on year, operating profit was ¥541 million, up 12.5%, ordinary profit was ¥546 million, up 13.8%, and net profit attributable to owners of the parent was ¥492 million, up 50.9%. Revenue and operating profit both achieved the medium-term management plan targets, with operating profit significantly exceeding its target.」
Against the revised medium-term management plan targets of revenue of ¥4,300 million and operating profit of ¥380 million, revenue was ¥4,819 million and operating profit was ¥541 million, achieving both targets. - FY2021-Q3AdvancedAnnual report
「Under these circumstances, in the final year of the medium-term management plan, “Challenge for Innovation and Creation: Toward a KITAGAWA That Continues to Shine Through Originality,” the Group continued to pursue the 3 priority initiatives: “Proactive expansion of proprietary core technologies into new fields and markets”; “Improving profitability, competitiveness and product/service quality through thorough process control and cost reduction”; and “Building a dynamic, strong organisation rich in creativity and initiative that supports sustained growth.” As a result, for the nine months ended the third quarter, revenue was ¥4,077 million, up 53.7% year on year, operating profit was ¥508 million, up 44.5%, ordinary profit was ¥518 million, up 46.1%, and net profit attributable to owners of the parent was ¥470 million, up 157.3%.」
For the nine months ended the third quarter of the final year of the medium-term management plan, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceeded the year-earlier period. - FY2021-Q2AdvancedAnnual report
「As a result, for the six months ended the second quarter, revenue was ¥3,051 million, up 94.3% year on year, operating profit was ¥376 million, up 104.7%, ordinary profit was ¥362 million, up 100.3%, and net profit attributable to owners of the parent was ¥309 million, compared with profit of ¥27 million in the year-earlier period.」
For the six months ended the second quarter, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceeded the year-earlier period, indicating continued improvement in earnings power. - FY2021-Q1WorsenedAnnual report
「As a result, for the three months ended the first quarter, revenue was ¥900 million, down 11.3% year on year, operating profit was ¥82 million, down 42.3%, ordinary profit was ¥80 million, down 38.8%, and net profit attributable to owners of the parent was ¥71 million, compared with a loss of ¥3 million in the year-earlier quarter.」
Quarterly revenue, operating profit and ordinary profit were below the year-earlier period, indicating weaker earnings power. In contrast, net profit attributable to owners of the parent turned profitable from a loss in the year-earlier period. - FY2020-Q3AdvancedAnnual report
「As a result, for the nine months ended the third quarter, revenue was ¥2,652 million, down 23.4% year on year, operating profit was ¥352 million, up 7.9%, ordinary profit was ¥355 million, up 8.9%, and net profit attributable to owners of the parent was ¥182 million, down 20.7%.」
While revenue and net profit attributable to owners of the parent were below the year-earlier period, operating profit was ¥352 million and ordinary profit was ¥355 million, both exceeding the year-earlier period. - FY2020-Q2WorsenedAnnual report
「As a result, for the six months ended the second quarter, revenue was ¥1,570 million, down 33.8% year on year, operating profit was ¥184 million, down 27.5%, ordinary profit was ¥180 million, down 25.7%, and net profit attributable to owners of the parent was ¥27 million, down 79.9%.」
On a consolidated basis, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent were all below the year-earlier period. The scope of consolidation also changed following the transfer of the building materials machinery business. - FY2020-Q1AdvancedAnnual report
「As a result, for the three months ended the first quarter, revenue was ¥1,015 million, up 28.6% year on year, operating profit was ¥142 million, up 69.0%, ordinary profit was ¥131 million, up 56.1%, and net loss attributable to owners of the parent was ¥3 million, compared with profit of ¥43 million in the year-earlier quarter.」
While revenue, operating profit and ordinary profit exceeded the year-earlier quarter, net loss attributable to owners of the parent was ¥3 million due to extraordinary losses associated with the transfer of shares and other factors. - FY2019SoftenedAnnual report
「The targets for the final year of the medium-term management plan, the fiscal year ending June 2021, have been revised to revenue of ¥4,300 million and operating profit of ¥380 million.」
Following the transfer of the building materials machinery business and a review of the business scope, the targets for the fiscal year ending June 2021 were lowered from the previous targets of revenue of ¥5,500 million and operating profit of ¥540 million. - FY2019-Q3AdvancedAnnual report
「As a result, for the nine months ended the third quarter, revenue was ¥3,463 million, up 10.1% year on year, operating profit was ¥326 million, up 31.9%, ordinary profit was ¥326 million, up 32.8%, and net profit attributable to owners of the parent was ¥230 million, up 15.3%.」
For the nine months ended the third quarter, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceeded the year-earlier period, indicating continued improvement in earnings power. - FY2019-Q2AdvancedAnnual report
「As a result, for the six months ended the second quarter, revenue was ¥2,371 million, down 0.8% year on year, operating profit was ¥253 million, up 28.2%, ordinary profit was ¥243 million, up 32.1%, and net profit attributable to owners of the parent was ¥138 million, down 19.9%.」
While revenue declined slightly year on year, operating profit was ¥253 million and ordinary profit was ¥243 million, both up from the year-earlier period. Net profit attributable to owners of the parent declined. - FY2019-Q1AdvancedAnnual report
「Under these circumstances, the Group formulated the new medium-term management plan, “Challenge for Innovation and Creation: Toward a KITAGAWA That Continues to Shine Through Originality.” While carrying forward the basic policies of the previous plan, we aim to commercialise new market opportunities by responding to changes in the business environment with greater agility and initiative, while establishing a stable, sustainable growth platform for the future. We are pursuing 3 priority initiatives: “Proactive expansion of proprietary core technologies into new fields and markets”; “Improving profitability, competitiveness and product/service quality through thorough process control and cost reduction”; and “Building a dynamic, strong organisation rich in creativity and initiative that supports sustained growth.” As a result, for the three months ended the first quarter, revenue was ¥789 million, up 84.9% year on year, operating profit was ¥84 million, compared with a loss of ¥72 million in the year-earlier quarter, ordinary profit was ¥84 million, compared with a loss of ¥79 million, and net profit attributable to owners of the parent was ¥43 million, compared with a loss of ¥72 million. This was the first profitable first quarter in 4 periods.」
While advancing improvements in profitability through process control and cost reduction as priority initiatives under the new plan, first-quarter operating profit and ordinary profit were each ¥84 million, turning profitable from losses in the year-earlier period. - FY2018RaisedAnnual report
「Following the results for the current consolidated fiscal year, the new medium-term management plan covering the 3 years from fiscal 2018, “Challenge for Innovation and Creation: Toward a KITAGAWA That Continues to Shine Through Originality,” sets higher Group-wide targets of revenue of ¥5,500 million and operating profit of ¥540 million for fiscal 2020.」
After achieving the targets of the previous plan, the company set higher new numerical targets for fiscal 2020 of revenue of ¥5,500 million and operating profit of ¥540 million. - FY2018-Q3WorsenedAnnual report
「Under these circumstances, the Group continued to actively pursue the 3 priority initiatives under the medium-term management plan, “Challenge New Fields: Establishing a New KITAGAWA,” in its final year: “Expanding and penetrating new fields and markets with vacuum press technology”; “Establishing a strong management platform through enhanced earnings power and price competitiveness”; and “Realising a dynamic organisation.” In addition to strengthening the management platform, we are also working to build a foundation for a major leap forward in the future. As a result, for the nine months ended the third quarter, revenue was ¥3,145 million, down 1.1% year on year, operating profit was ¥247 million, down 19.7%, ordinary profit was ¥245 million, down 11.4%, and net profit attributable to owners of the parent was ¥200 million, down 27.6%.」
While continuing the priority initiatives in the final year of the plan, operating profit, ordinary profit and net profit attributable to owners of the parent for the nine months ended the third quarter were all below the year-earlier period. However, the company remained profitable. - FY2018-Q2AdvancedAnnual report
「As a result, for the six months ended the second quarter, consolidated revenue was ¥2,389 million, up 60.1% year on year, operating profit was ¥198 million, up 90.9%, ordinary profit was ¥184 million, up 83.1%, and net profit attributable to owners of the parent was ¥172 million, up 39.0%.」
For the six months ended the second quarter, operating profit was ¥198 million, ordinary profit was ¥184 million and net profit attributable to owners of the parent was ¥172 million, with all three increasing from the year-earlier period. Achievement of all priority initiatives was not stated. - FY2018-Q1WorsenedAnnual report
「Under these circumstances, the Group continued to actively pursue the 3 priority initiatives under the medium-term management plan, “Challenge New Fields: Establishing a New KITAGAWA,” in its final year: “Expanding and penetrating new fields and markets with vacuum press technology”; “Establishing a strong management platform through enhanced earnings power and price competitiveness”; and “Realising a dynamic organisation.” In addition to strengthening the management platform, we are also working to build a foundation for a major leap forward in the future. As a result, for the three months ended the first quarter, revenue was ¥426 million, down 21.6% year on year, operating loss was ¥72 million, compared with a loss of ¥8 million in the year-earlier quarter, ordinary loss was ¥79 million, compared with a loss of ¥40 million, and net loss attributable to owners of the parent was ¥72 million, compared with a loss of ¥10 million.」
While continuing to prioritise the strengthening of earnings power, the operating loss widened from ¥8 million in the year-earlier quarter to ¥72 million in the first quarter, and ordinary loss and net loss attributable to owners of the parent also widened. - FY2017AdvancedAnnual report
「Our results are improving, with profit significantly exceeding the medium-term management plan, at approximately 150% of plan for operating profit and approximately 175% for net profit.」
Operating profit was approximately 150% of the medium-term management plan and net profit was approximately 175% of plan, while full-year operating profit was ¥422 million, ordinary profit was ¥378 million and net profit attributable to owners of the parent was ¥311 million. As achievement of the overall target was not stated, this is treated as specific progress. - FY2017-Q3AdvancedAnnual report
「As a result, for the nine months ended the third quarter, revenue was ¥3,179 million, up 31.0% year on year, operating profit was ¥308 million, compared with a loss of ¥40 million in the year-earlier period, ordinary profit was ¥277 million, compared with a loss of ¥114 million, and net profit attributable to owners of the parent was ¥276 million, compared with a loss of ¥140 million.」
For the nine months ended the third quarter, operating profit was ¥308 million, ordinary profit was ¥277 million and net profit attributable to owners of the parent was ¥276 million, with profitability maintained and expanded from the losses recorded in the year-earlier period. Achievement of the overall target was not stated. - FY2017-Q2AdvancedAnnual report
「As a result, for the six months ended the second quarter, consolidated revenue was ¥1,492 million, up 27.8% year on year, operating profit was ¥103 million, compared with a loss of ¥72 million in the year-earlier period, ordinary profit was ¥100 million, compared with a loss of ¥114 million, and net profit attributable to owners of the parent was ¥124 million, compared with a loss of ¥82 million.」
Operating profit turned from a loss in the year-earlier period to ¥103 million, while ordinary profit and net profit attributable to owners of the parent also turned profitable. As achievement of the overall target was not stated, this is treated as specific progress. - FY2017-Q1AdvancedAnnual report
「As a result, for the three months ended the first quarter, revenue was ¥544 million, down 11.4% year on year, operating loss was ¥8 million, compared with a loss of ¥66 million in the year-earlier quarter, ordinary loss was ¥40 million, compared with a loss of ¥88 million, and net loss attributable to owners of the parent was ¥10 million, compared with a loss of ¥66 million.」
While continuing to prioritise the strengthening of earnings power, the operating loss narrowed from ¥66 million in the year-earlier quarter to ¥8 million. However, the company did not state that it had become profitable or achieved its target. - FY2016First statedAnnual report
「We aim to achieve stable, sustainable growth by improving profitability and price competitiveness through thorough cost reduction and profitability management, establishing a management platform capable of withstanding any difficult business environment.」
The objective is to achieve stable, sustainable growth through cost reduction and profitability management.