Company-wide Revenue and Profit Decline
First written in FY2017-Q3. 15 of 32 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 5 of 18 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Higher revenue, operating profit and ordinary profit alongside lower net income due to the ZENIT impairment lossAnnual report
「Net income attributable to owners of the parent was ¥5,160 million, down ¥3,622 million (41.2%) from the previous fiscal year. The previous fiscal year included a ¥1,721 million gain on step acquisition as extraordinary income, whereas no such gain was recorded in the current fiscal year. In addition, at ZENIT INTERNATIONAL S.P.A., the company revised its business plan and conducted an impairment test because the prolonged war in Ukraine and the cooling Chinese market made it unlikely that the originally projected earnings could be achieved, while significant new capital investment was planned to improve productivity and further expand market share globally. As a result, impairment losses of ¥3,117 million on goodwill and ¥899 million on customer-related assets were recorded.」
Revenue rose 13.5%, operating profit rose 4.5% and ordinary profit rose 29.6%, while net income attributable to owners of the parent fell 41.2% due mainly to ¥4,016 million in impairment losses at ZENIT and other factors. - FY2026-H1Revenue and profit growth alongside a decline in interim net income attributable to owners of the parentAnnual report
「Revenue for the interim period was ¥35,759 million, up ¥6,860 million (23.7%) from the same period of the previous year, due to steady sales in most regions and the fact that ZENIT INTERNATIONAL S.P.A. was included in consolidation only for its balance sheet in the same interim period of the previous year. Operating profit rose ¥959 million (21.7%) to ¥5,376 million, despite the amortization of goodwill and customer-related assets in Europe, due to the effect of higher revenue and the yen's depreciation in the foreign exchange market.」
Revenue rose 23.7%, operating profit rose 21.7% and ordinary profit rose 56.7%, while interim net income attributable to owners of the parent fell 16.2% due mainly to the absence of the gain on step acquisition. - FY2025Revenue growth alongside operating profit growth, ordinary profit decline and net income growthAnnual report
「Revenue for the fiscal year was ¥68,058 million, up ¥5,429 million (8.7%) from the previous fiscal year, reflecting increased sales of efficient, environmentally friendly submersible pumps in Japan, steady demand for plant equipment products, particularly in Asia, and the full acquisition of ZENIT INTERNATIONAL S.P.A. in July 2024, with its income statement consolidated from the third quarter.」
Revenue rose 8.7% and operating profit rose 14.6%, while ordinary profit fell 17.0% due to a ¥446 million foreign exchange loss. Net income attributable to owners of the parent rose 6.0% due to the gain on step acquisition associated with the full acquisition of ZENIT. - FY2025-H1Revenue decline alongside operating profit growth, ordinary profit decline and net income declineAnnual report
「Revenue for the six-month interim period was ¥28,899 million, down ¥820 million (2.8%) from the same period of the previous year. Operating profit, however, rose ¥313 million (7.6%) to ¥4,416 million as the cost ratio improved, partly due to high-margin orders. Ordinary profit fell ¥3,230 million (46.5%) to ¥3,719 million, compared with a foreign exchange gain of ¥2,281 million in the same period of the previous year, as the company recorded a foreign exchange loss of ¥977 million in the current interim period due to the stronger yen. Although the company recorded a ¥1,721 million gain on step acquisition as extraordinary income following the full acquisition of ZENIT INTERNATIONAL S.P.A. in July, interim net income attributable to owners of the parent fell ¥587 million (12.2%) to ¥4,235 million.」
Group-wide revenue fell 2.8%, while operating profit rose 7.6% on an improved cost ratio from high-margin projects. Ordinary profit fell 46.5% due to foreign exchange losses resulting from the stronger yen, and interim net income attributable to owners of the parent fell 12.2% despite the gain on step acquisition. - FY2024-Q3RestatedAnnual report
「As a result, revenue for the nine months was ¥43,844 million, up ¥4,416 million (11.2%) from the same period of the previous year. Operating profit rose ¥1,223 million (24.1%) to ¥6,293 million, mainly reflecting the upward impact of foreign-currency-denominated revenue and profit when translated into yen as the yen weakened rapidly. Ordinary profit rose ¥1,830 million (27.6%) to ¥8,465 million, mainly because the company recorded a foreign exchange gain of ¥1,501 million in the nine months due to the weaker yen. Quarterly net income attributable to owners of the parent rose ¥1,338 million (30.3%) to ¥5,760 million.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year, and group-wide revenue and profit growth continues. - FY2024-Q2RestatedAnnual report
「As a result, revenue for the first six months was ¥29,719 million, up ¥3,632 million (13.9%) from the same period of the previous year. Operating profit rose ¥1,535 million (59.8%) to ¥4,103 million, mainly reflecting the upward impact of foreign-currency-denominated revenue and profit when translated into yen as the yen weakened rapidly. Ordinary profit rose ¥1,900 million (37.6%) to ¥6,949 million, mainly because the company recorded a foreign exchange gain of ¥2,281 million in the first six months due to the weaker yen. Quarterly net income attributable to owners of the parent rose ¥1,564 million (48.0%) to ¥4,822 million.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and higher revenue and profit continued company-wide. - FY2024-Q1RestatedAnnual report
「As a result, revenue for the first quarter was ¥14,129 million, up ¥662 million (4.9%) from the same quarter of the previous year. Operating profit rose ¥435 million (32.8%) to ¥1,763 million, mainly reflecting the upward impact of foreign-currency-denominated revenue and profit when translated into yen as the yen weakened rapidly. Ordinary profit rose ¥974 million (34.7%) to ¥3,781 million, mainly because the company recorded a foreign exchange gain of ¥1,656 million in the first quarter due to the weaker yen. Quarterly net income attributable to owners of the parent rose ¥948 million (56.7%) to ¥2,620 million.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year, and group-wide revenue and profit growth continues. The upward impact on foreign-currency-denominated results from the weaker yen and a ¥1,656 million foreign exchange gain were factors behind the profit growth. - FY2023RestatedAnnual report
「Revenue for the group's fiscal year was ¥56,219 million, up ¥5,004 million (9.8%) from the previous fiscal year, due mainly to strong overseas sales and the upward impact of foreign-currency-denominated revenue when translated into yen as the yen weakened rapidly.」
Group-wide revenue rose 9.8% on strong overseas sales and the effect of the weaker yen, while operating profit, ordinary profit and net income also increased. - FY2023-Q3RestatedAnnual report
「As a result, revenue for the nine months was ¥39,427 million, up ¥5,149 million (15.0%) from the same period of the previous year. Operating profit rose ¥1,460 million (40.5%) to ¥5,069 million, reflecting strong overseas sales and the upward impact of foreign-currency-denominated revenue and profit when translated into yen as the yen weakened rapidly. Ordinary profit rose ¥2,086 million (45.9%) to ¥6,635 million, mainly because the company recorded a foreign exchange gain of ¥1,143 million in the nine months due to the weaker yen. Quarterly net income attributable to owners of the parent rose ¥1,204 million (37.4%) to ¥4,421 million.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year, and group-wide revenue and profit growth continues. - FY2023-Q2RestatedAnnual report
「As a result, revenue for the first six months was ¥26,086 million, up ¥3,934 million (17.8%) from the same period of the previous year. Operating profit rose ¥146 million (6.0%) to ¥2,567 million, despite higher raw material and logistics costs. Ordinary profit rose ¥2,133 million (73.2%) to ¥5,049 million, mainly because the company recorded a foreign exchange gain of ¥2,106 million in the first six months due to the weaker yen. Quarterly net income attributable to owners of the parent rose ¥1,190 million (57.6%) to ¥3,258 million.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year, and group-wide revenue and profit growth continues. - FY2023-Q1Shift to group-wide revenue and profit growthAnnual report
「As a result, revenue for the first quarter was ¥13,466 million, up ¥2,762 million (25.8%) from the same quarter of the previous year. Operating profit rose ¥153 million (13.1%) to ¥1,327 million. Ordinary profit rose ¥1,356 million (93.6%) to ¥2,806 million, mainly because the company recorded a foreign exchange gain of ¥1,264 million in the first quarter due to the weaker yen. Quarterly net income attributable to owners of the parent rose ¥656 million (64.6%) to ¥1,672 million.」
The earnings mix changed from revenue growth, operating profit decline and ordinary profit growth in the previous full year, with revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increasing in the current quarter. - FY2022Higher Revenue, Lower Operating Profit and Higher Ordinary ProfitAnnual report
「As a result, revenue for the fiscal year was ¥51,214 million, up ¥5,888 million (13.0%) from the previous fiscal year. Operating profit, however, fell ¥41 million (0.7%) to ¥5,508 million, partly due to higher raw material and logistics costs. Ordinary profit rose ¥963 million (15.0%) to ¥7,368 million, mainly because foreign exchange gains included in non-operating income increased by ¥901 million year on year as the yen weakened rapidly, particularly toward the end of the fiscal year.」
For the full year, revenue rose 13.0%, while operating profit fell 0.7% due to higher raw material and logistics costs, and ordinary profit rose 15.0% on foreign exchange gains and other factors resulting from the weaker yen. - FY2022-Q3RestatedAnnual report
「As a result, revenue for the nine months was ¥34,277 million, up ¥4,038 million (13.4%) from the same period of the previous year. Operating profit rose ¥457 million (14.5%) to ¥3,609 million. Ordinary profit rose ¥1,147 million (33.7%) to ¥4,548 million, compared with a foreign exchange loss of ¥280 million recorded in the same period of the previous year, as the company recorded a foreign exchange gain of ¥390 million in the nine months due to the weaker yen. Quarterly net income attributable to owners of the parent rose ¥794 million (32.8%) to ¥3,216 million.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent continue to increase year on year. - FY2022-Q2RestatedAnnual report
「As a result, revenue for the first six months was ¥22,151 million, up ¥1,921 million (9.5%) from the same period of the previous year. Operating profit rose ¥217 million (9.9%) to ¥2,421 million. Ordinary profit rose ¥367 million (14.4%) to ¥2,915 million, compared with a foreign exchange loss of ¥150 million recorded in the same period of the previous year, as the company recorded a foreign exchange gain of ¥117 million in the first six months due to the weaker yen. Quarterly net income attributable to owners of the parent rose ¥261 million (14.5%) to ¥2,068 million.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and higher revenue and profit continued company-wide. - FY2022-Q1Shift to group-wide revenue and profit growthAnnual report
「As a result, revenue for the first quarter was ¥10,704 million, up ¥918 million (9.4%) from the same quarter of the previous year. Operating profit rose ¥220 million (23.1%) to ¥1,174 million, partly due to an improved cost ratio. Ordinary profit rose ¥228 million (18.7%) to ¥1,449 million, and net income attributable to owners of the parent rose ¥162 million (19.0%) to ¥1,015 million.」
The earnings mix changed from revenue growth alongside a decline in operating profit in the same period of the previous year, with revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increasing year on year. - FY2021Revenue decline alongside growth in all profit measuresAnnual report
「As a result, revenue for the fiscal year was ¥45,325 million, down ¥278 million (0.6%) from the previous fiscal year. Operating profit, however, rose ¥382 million (7.4%) to ¥5,549 million, reflecting cost savings from scaling back various activities during the COVID-19 pandemic and using web conferencing systems.」
For the full year, revenue fell 0.6%, while operating profit rose 7.4%, ordinary profit rose 17.0% and net income attributable to owners of the parent rose 5.2%. - FY2021-Q3Lower revenue and slightly higher operating profit alongside lower ordinary profit and net incomeAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, revenue was ¥30,239 million, down ¥816 million, or 2.6%, from the same period of the previous year; operating profit was ¥3,151 million, up ¥9 million, or 0.3%, due to cost savings from the curtailment of various activities amid the pandemic and the use of web conferencing systems; ordinary profit was ¥3,400 million, down ¥115 million, or 3.3%, because, although gains on securities investments included in non-operating income increased by ¥106 million year on year, foreign exchange losses included in non-operating expenses increased by ¥102 million and a swap valuation loss of ¥99 million was recorded; and net income attributable to owners of the parent was ¥2,422 million, down ¥126 million, or 5.0%.」
Revenue fell 2.6%, while operating profit rose 0.3% as cost savings from scaling back activities and using web conferencing reduced expenses. Ordinary profit fell 3.3% and net income fell 5.0% due to higher foreign exchange losses and valuation losses on swaps. - FY2021-Q2Lower revenue alongside higher operating, ordinary and net incomeAnnual report
「As a result, for the six months ended the second quarter of the current consolidated fiscal year, revenue was ¥20,230 million, down ¥218 million, or 1.1%, from the same period of the previous year; operating profit was ¥2,203 million, up ¥142 million, or 6.9%, due to cost savings from the curtailment of various activities amid the pandemic and the use of web conferencing systems; ordinary profit was ¥2,548 million, up ¥405 million, or 18.9%, due to the recognition of ¥153 million in gains on securities investments and the decrease in foreign exchange losses from ¥302 million in the same period of the previous year to ¥150 million; and net income attributable to owners of the parent was ¥1,806 million, up ¥194 million, or 12.1%.」
Revenue declined 1.1%, while operating profit increased 6.9% due to cost savings from curtailed activities and the use of web conferencing systems, and ordinary profit and net income also increased due to gains on securities investments and lower foreign exchange losses. - FY2021-Q1Concurrent revenue growth and operating profit decline, and ordinary profit growth and net profit declineAnnual report
「As a result, for the three months ended the first quarter of the current consolidated fiscal year, revenue was ¥9,785 million, up ¥146 million, or 1.5%, from the same period of the previous year; operating profit was ¥953 million, down ¥134 million, or 12.3%; ordinary profit was ¥1,221 million, up ¥122 million, or 11.2%, due to the recognition of ¥121 million in gains on securities investments and the decrease in foreign exchange losses from ¥230 million in the same period of the previous year to ¥43 million; and net income attributable to owners of the parent was ¥853 million, down ¥22 million, or 2.6%, because no subsidy income was recorded, unlike in the same period of the previous year.」
Revenue increased 1.5%, while operating profit declined 12.3%. Ordinary profit increased 11.2% due to lower foreign exchange losses and gains on securities investments, but net income declined 2.6% because there was no subsidy income. - FY2020Higher revenue and operating profit alongside lower ordinary profit and net incomeAnnual report
「Revenue for the consolidated fiscal year was ¥45,604 million, up ¥2,143 million, or 4.9%, from the previous consolidated fiscal year; operating profit was ¥5,166 million, up ¥221 million, or 4.5%; ordinary profit was ¥5,475 million, down ¥258 million, or 4.5%, due mainly to the recognition of a ¥267 million foreign exchange loss in the current fiscal year as a result of the stronger yen, compared with a ¥278 million foreign exchange gain in the previous fiscal year; and net income attributable to owners of the parent was ¥3,952 million, down ¥61 million, or 1.5%, partly because subsidy income of ¥155 million was recognized in the current fiscal year.」
Revenue and operating profit increased, while ordinary profit and net income attributable to owners of the parent declined due mainly to the impact of foreign exchange losses resulting from the stronger yen. - FY2020-Q3Higher revenue and operating profit alongside lower ordinary profit and slightly higher net incomeAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, revenue was ¥31,055 million, up ¥1,885 million, or 6.5%, from the same period of the previous year; operating profit was ¥3,141 million, up ¥161 million, or 5.4%; ordinary profit was ¥3,515 million, down ¥115 million, or 3.2%, due mainly to the recognition of a ¥177 million foreign exchange loss in the current third quarter as a result of the stronger yen, compared with a ¥277 million foreign exchange gain in the same period of the previous year; and net income attributable to owners of the parent was ¥2,548 million, up ¥9 million, or 0.4%.」
Revenue and operating profit increased, while ordinary profit declined due mainly to the ¥177 million foreign exchange loss resulting from the stronger yen, and net income attributable to owners of the parent increased slightly by 0.4%. - FY2020-Q2RestatedAnnual report
「As a result, for the six months ended the second quarter of the current consolidated fiscal year, revenue was ¥20,449 million, up ¥1,370 million, or 7.2%, from the same period of the previous year; operating profit was ¥2,060 million, up ¥248 million, or 13.7%; ordinary profit was ¥2,143 million, down ¥422 million, or 16.5%, due mainly to the recognition of a ¥302 million foreign exchange loss in the current second quarter as a result of the stronger yen, compared with a ¥453 million foreign exchange gain in the same period of the previous year; and net income attributable to owners of the parent was ¥1,612 million, down ¥184 million, or 10.3%.」
As in the previous quarter, revenue and operating profit increased, while ordinary profit and net income attributable to owners of the parent declined due mainly to the recognition of a ¥302 million foreign exchange loss resulting from the stronger yen. - FY2020-Q1Higher revenue and operating profit alongside lower ordinary profit and net incomeAnnual report
「As a result, for the three months ended the first quarter of the current consolidated fiscal year, revenue was ¥9,638 million, up ¥685 million, or 7.7%, from the same period of the previous year; operating profit was ¥1,088 million, up ¥275 million, or 33.9%; ordinary profit was ¥1,098 million, down ¥166 million, or 13.2%, due mainly to the recognition of a ¥230 million foreign exchange loss in the current first quarter as a result of the stronger yen, compared with a ¥256 million foreign exchange gain in the same period of the previous year; and net income attributable to owners of the parent was ¥876 million, down ¥11 million, or 1.3%.」
Revenue and operating profit increased, while ordinary profit and net income attributable to owners of the parent declined due mainly to the recognition of a ¥230 million foreign exchange loss resulting from the stronger yen, resulting in a divergence in the composition of company-wide results. - FY2019RestatedAnnual report
「As a result, for the consolidated fiscal year, revenue was ¥43,461 million, up ¥3,114 million, or 7.7%, from the previous consolidated fiscal year; operating profit was ¥4,945 million, up ¥308 million, or 6.6%; ordinary profit was ¥5,734 million, up ¥1,030 million, or 21.9%; and net income attributable to owners of the parent was ¥4,013 million, up ¥764 million, or 23.5%.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, confirming higher revenue and profit company-wide for the full fiscal year. - FY2019-Q3RestatedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, revenue was ¥29,169 million, up ¥2,284 million, or 8.5%, from the same period of the previous year; operating profit was ¥2,980 million, up ¥481 million, or 19.3%; ordinary profit was ¥3,631 million, up ¥760 million, or 26.5%; and net income attributable to owners of the parent was ¥2,539 million, up ¥389 million, or 18.1%.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and higher revenue and profit continued company-wide. - FY2019-Q2RestatedAnnual report
「As a result, for the six months ended the second quarter of the current consolidated fiscal year, revenue was ¥19,079 million, up ¥1,065 million, or 5.9%, from the same period of the previous year; operating profit was ¥1,812 million, up ¥152 million, or 9.2%; ordinary profit was ¥2,566 million, up ¥589 million, or 29.8%, due mainly to the recognition of a foreign exchange gain resulting from the weaker yen; and net income attributable to owners of the parent was ¥1,796 million, up ¥472 million, or 35.7%.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and higher revenue and profit continued company-wide. - FY2019-Q1RestatedAnnual report
「As a result, for the three months ended the first quarter of the current consolidated fiscal year, revenue was ¥8,953 million, up ¥487 million, or 5.8%, from the same period of the previous year; operating profit was ¥812 million, up ¥80 million, or 10.9%; ordinary profit was ¥1,264 million, up ¥373 million, or 41.9%, due mainly to the recognition of a foreign exchange gain resulting from the weaker yen; and net income attributable to owners of the parent was ¥887 million, up ¥290 million, or 48.7%.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased year on year, and the company-wide trend of higher revenue and profit continues. - FY2018Higher revenue and earnings across the companyAnnual report
「As a result, for the consolidated fiscal year, revenue was ¥40,347 million, up ¥1,282 million, or 3.3%, from the previous consolidated fiscal year; operating profit was ¥4,637 million, up ¥343 million, or 8.0%; ordinary profit was ¥4,703 million, up ¥168 million, or 3.7%; and net income attributable to owners of the parent was ¥3,248 million, up ¥185 million, or 6.0%.」
Compared with the previous composition of lower revenue and profit or a slight decline in operating profit, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased for the full fiscal year. - FY2018-Q3RestatedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, revenue was ¥26,885 million, up ¥106 million, or 0.4%, from the same period of the previous year; operating profit was ¥2,498 million, down ¥5 million, or 0.2%; ordinary profit was ¥2,870 million, up ¥22 million, or 0.8%; and net income attributable to owners of the parent was ¥2,149 million, up ¥190 million, or 9.7%.」
The company-wide results continue to comprise higher revenue, a slight decline in operating profit, and higher ordinary profit and net income attributable to owners of the parent. - FY2018-Q2RestatedAnnual report
「As a result, for the six months ended the second quarter of the current consolidated fiscal year, revenue was ¥18,014 million, up ¥825 million, or 4.8%, from the same period of the previous year; operating profit was ¥1,660 million, down ¥6 million, or 0.4%; ordinary profit was ¥1,976 million, up ¥702 million, or 55.1%, partly because no foreign exchange loss was recorded; and net income attributable to owners of the parent was ¥1,324 million, up ¥457 million, or 52.8%.」
The company-wide results continue to comprise higher revenue, a slight decline in operating profit, and higher ordinary profit and net income attributable to owners of the parent. - FY2018-Q1Change in earnings trendAnnual report
「As a result, for the six months ended the first quarter of the current consolidated fiscal year, revenue was ¥8,466 million, up ¥495 million, or 6.2%, from the same period of the previous year; operating profit was ¥732 million, down ¥41 million, or 5.4%; ordinary profit was ¥891 million, up ¥519 million, or 139.6%, due mainly to a decrease in foreign exchange losses resulting from the weaker yen; and net income attributable to owners of the parent was ¥597 million, up ¥351 million, or 142.8%.」
The composition changed from the previous period's company-wide declines in revenue and profit: this time, revenue increased, operating profit declined, and ordinary profit and net income attributable to owners of the parent increased. - FY2017-Q3First statedAnnual report
「As a result, for the nine months ended the third quarter of the current consolidated fiscal year, revenue was ¥26,778 million, down ¥1,287 million, or 4.6%, from the same period of the previous year; operating profit was ¥2,503 million, down ¥994 million, or 28.4%; ordinary profit was ¥2,848 million, down ¥926 million, or 24.5%; and net income attributable to owners of the parent was ¥1,958 million, down ¥470 million, or 19.4%.」
For the consolidated results for the nine months ended the third quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year.