Housing and Building Materials Business: Lower Revenue, Higher Profit
First written in FY2017. 10 of 33 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-08-10.
The whole theme swung hardest in 2024: 3 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- 2026-08-10OtherEarnings
「Net sales were ¥189 million, down 27.5% from the same quarter of the previous year, partly due to delays in construction plans caused by shortages of petroleum-derived products and other factors. The company recorded an operating loss of ¥7 million, compared with operating income of ¥9 million in the same quarter of the previous year.」
The housing materials business, which had returned to operating income in the previous fiscal year, recorded an operating loss in the current quarter against the backdrop of delays in construction plans caused by shortages of petroleum-derived products and other factors. - FY2026AdvancedAnnual report
「Net sales were ¥956 million, down 13.1% year on year, while operating income was ¥32 million, compared with an operating loss of ¥8 million in the same period of the previous year, partly as a result of our cost-reduction measures.」
Although lower revenue due to the shrinking housing market continued, cost-reduction measures enabled the housing materials business to turn from an operating loss to operating profit. - 2026-05-13AdvancedRevisions to earnings forecasts
「Net sales were ¥956 million, down 13.1% year on year, while operating income was ¥32 million, compared with an operating loss of ¥8 million in the same period of the previous year, partly as a result of our cost-reduction measures.」
The housing materials business recorded lower sales but returned from an operating loss to operating income as a result of cost-reduction measures. - FY2025-H1Revenue growth and narrower operating lossAnnual report
「As a result, revenue for the current interim consolidated accounting period was ¥445 million, up 5.1% year on year, while the operating loss was ¥8 million, affected in part by intensifying competition in the building materials market, compared with an operating loss of ¥44 million in the previous year.」
The housing materials business posted higher revenue, while intense competition in the building materials market continued and the operating loss narrowed from ¥44 million in the previous year to ¥8 million. - FY2024MaterialisedAnnual report
「Revenue was ¥840 million, down 23.9% year on year. In terms of earnings, in addition to higher packaging and freight costs resulting from inflation, bad debt losses arising from customer bankruptcies contributed to an operating loss of ¥62 million, compared with operating profit of ¥19 million in the previous year.」
The housing materials business posted lower revenue and shifted to an operating loss due to inflation and bad debt losses arising from customer bankruptcies. - FY2024-Q3MaterialisedAnnual report
「As a result, revenue for the first nine months of the current consolidated cumulative period was ¥667 million, down 21.3% year on year. In terms of earnings, in addition to lower profitability due to higher costs resulting from inflation and other factors, the business was affected by customer bankruptcies caused by cash-flow difficulties after repayments began on zero-zero loans provided as a COVID-19 measure. The operating loss was ¥47 million, compared with operating profit of ¥25 million in the same period of the previous year.」
The housing materials business posted lower revenue and shifted from operating profit in the previous period to an operating loss due to lower profitability from inflation and the impact of customer bankruptcies. - FY2024-Q2MaterialisedAnnual report
「The housing materials business faced difficult market conditions as housing demand continued to decline. Although it strengthened its sales structure and worked to secure orders, the market downturn was more severe than expected and revenue declined. In addition, profitability declined due to higher costs resulting from inflation and other factors. Bad debt losses were also incurred when some customers became insolvent because of cash-flow difficulties after repayments began on zero-zero loans provided as a COVID-19 measure. As a result, revenue for the first half of the current consolidated cumulative period was ¥423 million, down 29.6% year on year, while the operating loss was ¥44 million, compared with operating profit of ¥27 million in the same period of the previous year.」
The housing materials business posted lower revenue and an operating loss due to the market downturn, lower profitability from higher costs, and bad debt losses arising from customer bankruptcies. - FY2024-Q1Decline in Revenue and Shift to Operating LossAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥192 million, down 43.4% year on year, while the operating loss was ¥36 million, compared with operating profit of ¥9 million in the same period of the previous year.」
The housing materials business posted a 43.4% decline in revenue and shifted from operating profit in the previous period to an operating loss. - FY2023Continued and worsening full-year declines in revenue and profitAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥1,103 million, down 10.8% year on year, while operating profit was ¥19 million, down 81.1%.」
The housing materials business posted a 10.8% decline in revenue, while operating profit fell 81.1% year on year to ¥19 million. - FY2023-Q3Continued and worsening lower revenue and profitAnnual report
「The housing materials business increased revenue in the first half, helped by the results of its sales activities, including passing higher costs through to prices. However, revenue subsequently stagnated as orders became more difficult to secure due to a decline in housing starts. Although procurement prices for major materials had passed their peak, manufacturing costs increased because inventory procured at peak prices remained on hand and prices for auxiliary materials and other items rose further. As a result, revenue for the first nine months of the current consolidated cumulative period was ¥848 million, down 9.0% year on year, while operating profit was ¥25 million, down 70.3%.」
The housing materials business posted a 9.0% decline in revenue and a 70.3% decline in operating profit due to lower housing starts, inventory adjustments, and higher prices for materials and auxiliary materials. - FY2023-Q2Continued revenue growth and profit declineAnnual report
「Although housing starts have been trending lower year on year, sales at the housing materials business remained firm as a result of intensified sales activities. Costs, however, remained under pressure, including procurement prices that rose more than expected. As a result, revenue for the first half of the current consolidated cumulative period was ¥601 million, up 6.4% year on year, while operating profit was ¥27 million, down 48.9%.」
The housing materials business posted a 6.4% increase in revenue despite a decline in housing starts, supported by stronger sales activities, but operating profit fell 48.9% year on year due to a larger-than-expected rise in procurement prices. - FY2023-Q1Revenue growth and profit declineAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥339 million, up 49.3% year on year, while operating profit was ¥9 million, down 13.4%.」
The housing materials business posted a 49.3% increase in revenue, but operating profit was ¥9 million, down 13.4% year on year, due in part to soaring procurement prices. - FY2022AdvancedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥1,237 million, compared with ¥778 million in the previous year, while operating profit was ¥103 million, compared with an operating loss of ¥15 million in the previous year.」
The housing materials business posted higher revenue, and operating results turned from a loss of ¥15 million in the previous year to a profit of ¥103 million. - FY2022-Q3AdvancedAnnual report
「As a result, revenue for the first nine months of the current consolidated cumulative period was ¥932 million, compared with ¥577 million in the same period of the previous year, while operating profit was ¥87 million, compared with an operating loss of ¥8 million in the same period of the previous year.」
Against a backdrop of higher housing starts and the pass-through of higher prices for major materials, the housing materials business swung from an operating loss in the previous period to operating profit of ¥87 million, resulting in higher revenue and profit. - FY2022-Q2AdvancedAnnual report
「The housing materials business posted higher revenue and profit due to an increase in housing starts year on year and its ability to pass soaring prices for major materials through to order prices. As a result, revenue for the first half of the current consolidated cumulative period was ¥565 million, compared with ¥339 million in the same period of the previous year, while operating profit was ¥53 million, compared with an operating loss of ¥20 million in the same period of the previous year.」
An increase in housing starts and the pass-through of higher prices for major materials enabled the housing materials business to swing from an operating loss in the previous period to operating profit of ¥53 million, resulting in higher revenue and profit. - FY2022-Q1AdvancedAnnual report
「The housing materials business posted higher revenue and profit due to an increase in housing starts year on year and the start of passing soaring prices for major materials through to order prices. As a result, revenue for the first quarter of the current consolidated cumulative period was ¥227 million, compared with ¥157 million in the same period of the previous year, while operating profit was ¥10 million, compared with an operating loss of ¥17 million in the same period of the previous year.」
An increase in housing starts and the start of passing higher material prices through to customers drove higher revenue year on year, and the business swung from an operating loss to operating profit of ¥10 million. - FY2021Decline in Revenue and Shift to Operating LossAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥778 million, down 20.1% year on year, while the operating loss was ¥15 million, compared with operating profit of ¥70 million in the previous year.」
The housing materials business posted a 20.1% decline in revenue and an operating loss due to a sharp rise in material prices and difficulty passing those increases on to customers. - FY2021-Q3Lower revenue and continued losses, but a smaller lossAnnual report
「Although the housing materials business showed signs of a recovery in orders toward the beginning of last autumn, order prices remained under pressure due to intense competition. Housing starts also continued to decline amid stagnant economic activity due to the spread of COVID-19 and uncertainty about the outlook because the timing of its containment remains unclear. In addition, the business procures dimension lumber, its main material, primarily from overseas, and market conditions have become increasingly difficult as overseas demand has risen and procurement prices have trended higher. As a result, revenue for the first nine months of the current consolidated cumulative period was ¥577 million, down 24.5% year on year, while the operating loss was ¥8 million, compared with operating profit of ¥63 million in the same period of the previous year.」
The housing materials business posted a 24.5% decline in revenue and an operating loss, but the operating loss narrowed from ¥20 million in the first-half cumulative period to ¥8 million. - FY2021-Q2RestatedAnnual report
「The housing materials business has remained in a very difficult situation, with housing starts declining amid stagnant economic activity due to the spread of COVID-19 and uncertainty about the outlook because the timing of its containment remains unclear. As a result, revenue for the first half of the current consolidated cumulative period was ¥339 million, down 28.5% year on year, while the operating loss was ¥20 million, compared with operating profit of ¥47 million in the same period of the previous year.」
The impact of COVID-19 and the decline in housing starts continued, resulting in a 28.5% decline in revenue and an operating loss of ¥20 million for the housing materials business. - FY2021-Q1From higher revenue and sharply higher profit to lower revenue and a lossAnnual report
「The housing materials business has remained in a very difficult situation, with housing starts declining amid stagnant economic activity due to the spread of COVID-19 and uncertainty about the outlook because the timing of its containment remains unclear. As a result, revenue for the first quarter of the current consolidated cumulative period was ¥157 million, down 34.8% year on year, while the operating loss was ¥17 million, compared with operating profit of ¥31 million in the same period of the previous year.」
Against a backdrop of the spread of COVID-19 and a decline in housing starts, the housing materials business shifted from higher revenue and an operating profit in the previous period to a 34.8% decline in revenue and an operating loss. - FY2020AdvancedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥974 million, down 5.2% year on year, while operating profit was ¥70 million, up 321.0%.」
The housing materials business posted a 5.2% decline in revenue, while operating profit was ¥70 million, up 321.0% year on year. - FY2020-Q3AdvancedAnnual report
「As a result, revenue for the first nine months of the current consolidated cumulative period was ¥765 million, up 3.9% year on year, while operating profit was ¥63 million, compared with ¥5 million in the same period of the previous year.」
The housing materials business promoted the appeal of its JAS-certified plants, factory tours and cost reductions through design revisions, resulting in a 3.9% year-on-year increase in revenue and operating profit of ¥63 million. - FY2020-Q2AdvancedAnnual report
「As a result, revenue for the first half of the current consolidated cumulative period was ¥474 million, up 3.1% year on year, while operating profit was ¥47 million, compared with ¥0 million in the same period of the previous year.」
The housing materials business pursued value-added sales and cost reductions through design revisions amid intense competition for orders, resulting in a 3.1% year-on-year increase in revenue and operating profit of ¥47 million. - FY2020-Q1AdvancedAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period was ¥241 million, up 10.6% year on year, while operating profit was ¥31 million, up 662.0%.」
The housing materials business pursued sales activities leveraging JAS-certified plants amid intense competition for orders, resulting in a 10.6% year-on-year increase in revenue and a 662.0% increase in operating profit. - FY2019Full-year results: higher revenue and lower profitAnnual report
「As a result, revenue for the fiscal year ended at ¥1,027 million, up 3.2% year on year, while operating profit was ¥16 million, down 56.1%.」
The housing materials business posted higher full-year revenue, but profit declined sharply due to higher costs and bad debt expenses. - FY2019-Q3Declines in revenue and profit, while maintaining profitabilityAnnual report
「As a result, revenue for the cumulative third quarter ended at ¥736 million, down 2.0% year on year, and operating profit was ¥5 million, down 72.5%.」
The housing building materials business posted year-on-year declines of 2.0% in revenue and 72.5% in operating profit, but maintained operating profitability at ¥5 million. - FY2019-Q2From a slight increase in revenue and a decline in profit to a revenue decline and improved earningsAnnual report
「The housing building materials business continued to face a decline in housing starts for two-by-four homes and increasingly intense price competition for orders. Raw-material prices were also trending higher, creating continued cost pressures. In this environment, the sales and manufacturing divisions worked together to maximize profit on each project. As a result, revenue for the cumulative second quarter ended at ¥460 million, down 2.3% year on year, while operating profit was ¥0 million, compared with an operating loss of ¥3 million in the same period of the previous year.」
The housing building materials business posted a 2.3% year-on-year decline in revenue, while operating earnings improved from an operating loss of ¥3 million in the same period of the previous year to ¥0 million. Difficult conditions in the housing market, price competition, and raw-material prices continued. - FY2019-Q1From declines in both revenue and profit to a slight increase in revenue and a decline in profitAnnual report
「The housing building materials business continued to face a decline in housing starts for two-by-four homes and increasingly intense price competition for orders. Raw-material prices were also trending higher, creating continued cost pressures. In this environment, the sales and manufacturing divisions worked together to maximize profit on each project. As a result, revenue for the cumulative first quarter ended at ¥218 million, up 0.9% year on year, and operating profit was ¥4 million, down 3.8%.」
Although the housing building materials business posted a slight year-on-year increase in revenue amid continued difficult housing market conditions, price competition, and higher raw-material prices, operating profit declined. - FY2018Full-year results: lower revenue and lower profitAnnual report
「Revenue was ¥995 million, down 0.5% year on year, and operating profit was ¥38 million, down 7.1%.」
The housing building materials business posted full-year declines in both revenue and profit amid continued declines in housing starts, price competition, and higher material procurement prices, but maintained operating profitability. - FY2018-Q3From an operating deficit to revenue growth and profit declineAnnual report
「The housing building materials business faced increasingly intense price competition for orders as the number of housing starts declined. The company focused on proactive sales activities, including expanding distribution channels, and worked to improve manufacturing-process efficiency, keeping revenue at approximately the same level as the previous year. However, profit declined due to persistently high raw-material prices. As a result, revenue for the cumulative third quarter ended at ¥751 million, up 1.5% year on year, while operating profit was ¥19 million, down 14.6%.」
Although the housing building materials business continued to face lower housing starts, competition for order prices, and persistently high raw-material prices, it recovered from an operating deficit of ¥3 million in the cumulative second quarter to operating profit of ¥19 million in the cumulative third quarter. Year on year, revenue increased while profit declined. - FY2018-Q2From declines in both revenue and profit to an operating deficitAnnual report
「The housing building materials business faced increasingly intense price competition for orders as the number of housing starts declined. Raw-material prices also increased, partly due to the impact of wildfires in Canada, the source of imported dimension lumber, a key material. Although the company focused on proactive sales activities, including expanding distribution channels, and worked to improve manufacturing-process efficiency, it was unable to offset the decline in revenue. As a result, revenue for the cumulative second quarter ended at ¥471 million, down 6.5% year on year, and the operating loss was ¥3 million, compared with operating profit of ¥16 million in the same period of the previous year.」
The housing building materials business shifted from declines in both revenue and profit to an operating deficit due to lower housing starts, price competition, and higher raw-material prices. - FY2018-Q1From revenue decline and profit growth to declines in both revenue and profitAnnual report
「The housing building materials business expanded its sales area and pursued proactive sales activities and orders amid sluggish growth in housing starts and increasingly intense competition for orders. However, the impact of sluggish orders at the end of the previous fiscal year resulted in revenue of ¥216 million for the cumulative first quarter, down 6.1% year on year. Although the company implemented strict cost management, including rigorous cost control, it was unable to fully absorb increases in the cost of imported materials. Operating profit was ¥4 million, down 56.8%.」
The housing building materials business shifted from full-year revenue decline and profit growth in the previous fiscal year to declines in both revenue and profit in the first quarter. - FY2017First statedAnnual report
「Revenue was ¥1,001 million, down 9.8% year on year. Operating profit was ¥41 million, up 7.1%.」
Although the housing building materials business posted a decline in revenue, profit increased due to sales activities focused on profitability and cost reductions.