Revenue, Operating Profit and Ordinary Profit Increase While Net Income Declines
First written in FY2016. 17 of 41 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-10-30.
Tokyo Automatic Machinery Works moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「For the fiscal year, net sales totaled ¥9,692 million (¥12,890 million in the previous year, down 24.8%). In terms of earnings, the decline in sales resulted in operating profit of ¥669 million (¥1,564 million, down 57.2%), ordinary profit of ¥865 million (¥1,721 million, down 49.7%), and net profit of ¥808 million (¥1,222 million, down 33.9%).」
The decline in sales from a large project caused net sales, operating profit, ordinary profit and net profit to fall below the levels of the previous year. - FY2026-H1WorsenedAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. However, the substantial decline in sales from a large project in the production machinery division had a significant impact, and net sales for the interim accounting period totaled ¥3,487 million (¥6,615 million in the previous interim accounting period, down 47.3%). In terms of earnings, the decline in sales resulted in an operating loss of ¥84 million (operating profit of ¥790 million in the previous interim accounting period), ordinary profit of ¥21 million (¥885 million, down 97.6%), and interim net profit of ¥122 million (¥611 million, down 79.9%).」
The decline in sales from a large project reduced net sales by 47.3% and caused operating profit to turn into a loss from a profit in the previous interim period. Ordinary profit decreased 97.6% and interim net profit decreased 79.9%. - FY2025Lower sales, substantially higher profitsAnnual report
「For the fiscal year, net sales totaled ¥12,890 million (¥13,458 million in the previous year, down 4.2%). In terms of earnings, although persistently high raw material costs and increases in selling expenses, research and development expenses and personnel expenses created pressure on profit, the cost ratio improved through higher productivity and optimization of selling prices. Operating profit was ¥1,564 million (¥1,388 million, up 12.7%), ordinary profit was ¥1,721 million (¥1,546 million, up 11.3%), and net profit was ¥1,222 million (¥1,116 million, up 9.5%).」
While net sales decreased 4.2%, operating profit, ordinary profit and net profit all increased, reflecting an improved cost ratio through higher productivity and optimization of selling prices. - FY2025-H1Higher revenue and substantially higher profitAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. Large projects, mainly in the production machinery division, contributed to sales, and net sales for the interim accounting period totaled ¥6,615 million (¥5,997 million in the previous interim accounting period, up 10.3%). In terms of earnings, increases in selling expenses, research and development expenses and personnel expenses, among others, were absorbed through higher sales and an improved cost ratio, resulting in operating profit of ¥790 million (¥424 million, up 86.2%), ordinary profit of ¥885 million (¥512 million, up 73.0%), and interim net profit of ¥611 million (¥350 million, up 74.3%).」
Large projects, mainly in the production machinery division, contributed, resulting in higher revenue and substantial profit growth, with net sales up 10.3%, operating profit up 86.2%, ordinary profit up 73.0% and interim net profit up 74.3%. - FY2024Higher revenue and substantially higher profitAnnual report
「For the fiscal year, net sales totaled ¥13,458 million (¥13,306 million in the previous year, up 1.1%). In terms of earnings, although persistently high raw material prices and increases in personnel expenses and selling expenses created pressure on profit, the cost ratio improved through higher productivity and efforts to pass through costs in prices, among other factors. Operating profit was ¥1,388 million (¥985 million in the previous year, up 40.8%), ordinary profit was ¥1,546 million (¥1,138 million, up 35.9%), and net profit was ¥1,116 million (¥799 million, up 39.6%).」
Although net sales increased only 1.1%, operating profit increased 40.8%, ordinary profit 35.9% and net profit 39.6%, resulting in substantial profit growth amid rising costs. - FY2024-Q3Continued higher sales and profitsAnnual report
「A large project in the production machinery division performed well, and net sales for the first nine months ended to date increased to ¥8,949 million (¥8,208 million in the same period of the previous year, up 9.0%). In terms of earnings, persistently high raw material prices, personnel expenses and selling expenses, among other factors, were absorbed through higher sales, improved productivity and efforts to pass through costs in prices, resulting in operating profit of ¥635 million (¥346 million, up 83.4%), ordinary profit of ¥760 million (¥454 million, up 67.4%), and net profit for the quarter of ¥520 million (¥335 million, up 55.3%).」
The large project in the production machinery division contributed, with net sales up 9.0%, operating profit up 83.4%, ordinary profit up 67.4% and net profit for the quarter up 55.3%, continuing the trend of higher revenue and profit. - FY2024-Q2Continued higher sales and profitsAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. A large project in the production machinery division contributed to sales, and net sales for the first six months ended to date increased to ¥5,997 million (¥4,547 million in the same period of the previous year, up 31.9%). In terms of earnings, increases in raw material costs, personnel expenses and selling expenses, among others, were absorbed through higher sales and improved productivity, resulting in operating profit of ¥424 million (¥117 million, up 260.2%), ordinary profit of ¥512 million (¥206 million, up 148.5%), and net profit for the quarter of ¥350 million (¥163 million, up 114.2%).」
A large project in the production machinery division contributed to sales, resulting in net sales growth of 31.9%, operating profit growth of 260.2%, ordinary profit growth of 148.5% and net profit growth of 114.2%. - FY2024-Q1Shift to substantial revenue and earnings growthAnnual report
「For the first quarter ended to date, net sales totaled ¥3,195 million (¥1,551 million in the same quarter of the previous year, up 105.9%). In terms of earnings, strong sales absorbed increases in raw material costs, personnel expenses and selling expenses, among others, resulting in operating profit of ¥210 million (operating loss of ¥88 million in the same quarter of the previous year) and ordinary profit of ¥259 million (ordinary loss of ¥40 million). Net profit for the quarter was ¥177 million (net loss of ¥30 million), reflecting an increase in deferred income taxes and other taxes.」
Net sales increased 105.9%, while operating profit, ordinary profit and net profit for the quarter turned profitable from losses in the same period of the previous year, marking a shift from lower revenue and losses to substantial revenue and profit growth. - FY2023Significant full-year revenue and profit growthAnnual report
「For the fiscal year, net sales totaled ¥13,306 million (¥8,819 million in the previous year, up 50.9%). In terms of earnings, despite deterioration in the cost ratio due to soaring raw material prices and increases in personnel expenses and selling expenses, the substantial increase in sales and other factors resulted in operating profit of ¥985 million (¥386 million in the previous year, up 155.2%), ordinary profit of ¥1,138 million (¥526 million, up 116.0%), and net profit of ¥799 million (¥373 million, up 114.1%).」
Net sales increased 50.9%, operating profit 155.2%, ordinary profit 116.0% and net profit 114.1%, shifting from the previous year's lower revenue and profit to substantial full-year revenue and profit growth. - FY2023-Q3Continued Revenue and Profit GrowthAnnual report
「Despite this economic environment, the Company worked across the organization to maintain its performance. As a result, sales from a large project in the production machinery division contributed to net sales, which increased to ¥8,208 million for the first nine months ended to date (¥5,956 million in the same period of the previous year, up 37.8%). In terms of earnings, although raw material prices, personnel expenses and selling expenses increased, the Company worked to improve management efficiency and achieved operating profit of ¥346 million (¥205 million in the same period of the previous year, up 68.4%), ordinary profit of ¥454 million (¥318 million, up 42.6%), and net profit for the quarter of ¥335 million (¥235 million, up 42.6%).」
Net sales increased 37.8% year on year, operating profit 68.4%, and ordinary profit and net profit for the quarter 42.6%, respectively, continuing the previous year's revenue and profit growth. - FY2023-Q2Return to higher revenue and earningsAnnual report
「For the first six months ended to date, net sales increased to ¥4,547 million (¥3,826 million in the same period of the previous year, up 18.8%). In terms of earnings, despite higher raw material prices, personnel expenses and selling expenses, operating profit was ¥117 million (¥26 million, up 344.1%), ordinary profit was ¥206 million (¥85 million, up 142.0%), and net profit for the quarter was ¥163 million (¥73 million, up 122.4%), resulting in higher profit.」
Net sales increased 18.8% year on year, operating profit 344.1%, ordinary profit 142.0% and net profit for the quarter 122.4%, shifting from lower revenue and an operating loss in FY2023-Q1 to higher revenue and profit. - FY2023-Q1WorsenedAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. However, sales in the production machinery business were limited in the quarter because many sales were scheduled for the second quarter onward. As a result, net sales for the first quarter ended to date totaled ¥1,551 million (¥2,217 million in the same quarter of the previous year, down 30.0%). In terms of earnings, higher raw material costs, personnel expenses and selling expenses, among other factors, resulted in an operating loss of ¥88 million (operating profit of ¥93 million in the same quarter of the previous year) and an ordinary loss of ¥40 million (ordinary profit of ¥141 million). Net loss for the quarter was ¥30 million (net profit of ¥118 million), reflecting lower income taxes and other taxes.」
Net sales decreased 30.0% year on year, and operating profit, ordinary profit and net profit for the quarter shifted from profits in the same period of the previous year to losses. Sales in the production machinery business were concentrated from the second quarter onward, while raw material costs and personnel expenses, among others, increased. - FY2022WorsenedAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. For the fiscal year, net sales totaled ¥8,819 million (¥10,708 million in the previous year, down 17.6%). In terms of earnings, although the packaging machinery business improved its profit margin, the decline in sales in the production machinery business and other factors resulted in operating profit of ¥386 million (¥620 million in the previous year, down 37.8%), ordinary profit of ¥526 million (¥778 million, down 32.3%), and net profit of ¥373 million (¥545 million, down 31.5%).」
The Company shifted from the previous year's full-year revenue and profit growth to lower revenue and lower profit, with net sales down 17.6%, operating profit down 37.8%, ordinary profit down 32.3% and net profit down 31.5%. - FY2022-Q3WorsenedAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. As a result, net sales for the first nine months ended to date totaled ¥5,956 million (¥8,016 million in the same period of the previous year, down 25.7%). In terms of earnings, operating profit was ¥205 million (¥549 million in the same period of the previous year, down 62.5%), partly because selling expenses and research and development expenses increased. Ordinary profit was ¥318 million (¥677 million, down 53.0%), also reflecting higher-than-usual costs for managing leased assets. Although gains on the sale of investment securities were recognized, the substantial decline in ordinary profit resulted in net profit for the quarter of ¥235 million (¥478 million, down 50.9%).」
Net sales, operating profit, ordinary profit and net profit for the quarter all fell below the levels of the same period of the previous year, with the decline in revenue and profit progressing. - FY2022-Q2Revenue decline, operating profit decline, ordinary profit decline and net profit declineAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. As a result, net sales for the first six months ended to date totaled ¥3,826 million (¥4,645 million in the same period of the previous year, down 17.6%). In terms of earnings, operating profit was ¥26 million (¥118 million in the same period of the previous year, down 77.5%), partly because selling expenses and research and development expenses increased. Ordinary profit was ¥85 million (¥207 million, down 59.0%), reflecting higher costs for managing leased assets. Net profit for the quarter was ¥73 million (¥143 million, down 48.6%), despite the recognition of gains on the sale of investment securities.」
Net sales decreased 17.6% year on year, while operating profit, ordinary profit and net profit for the quarter decreased 77.5%, 59.0% and 48.6%, respectively, indicating that the decline in revenue and profit has progressed from the previous year. - FY2022-Q1Revenue growth, lower operating income, lower ordinary income and higher net incomeAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. As a result, net sales for the first quarter ended to date totaled ¥2,217 million (¥2,048 million in the same quarter of the previous year, up 8.2%). In terms of earnings, operating profit was ¥93 million (¥101 million in the same quarter of the previous year, down 7.3%) and ordinary profit was ¥141 million (¥148 million, down 5.1%), partly because selling expenses and research and development expenses increased. Net profit for the quarter was ¥118 million (¥103 million, up 14.2%), reflecting the recognition of gains on the sale of investment securities.」
While net sales increased 8.2%, operating profit and ordinary profit decreased because selling expenses and research and development expenses increased. Net profit for the quarter increased 14.2% because of gains on the sale of investment securities. - FY2021WorsenedAnnual report
「For the fiscal year, net sales totaled ¥10,708 million (¥12,337 million in the previous year, down 13.2%). In terms of earnings, partly because the production machinery business improved its profit margin and selling, general and administrative expenses decreased, operating profit was ¥620 million (¥778 million in the previous year, down 20.3%), ordinary profit was ¥778 million (¥936 million, down 16.9%), and net profit was ¥545 million (¥642 million, down 15.1%).」
The Company shifted from the previous year's full-year revenue and profit growth to lower revenue and lower profit for the year, with net sales, operating profit, ordinary profit and net profit all decreasing. - FY2021-Q3Revenue decline, operating profit decline, ordinary profit decline and net profit growthAnnual report
「As a result, for the first nine months ended to date, net sales were ¥8,016 million (¥8,948 million in the same period of the previous year, down 10.4%), operating profit was ¥549 million (¥585 million, down 6.2%), ordinary profit was ¥677 million (¥700 million, down 3.2%), and net profit for the quarter was ¥478 million (¥472 million, up 1.4%).」
While net sales, operating profit and ordinary profit decreased year on year, net profit for the quarter increased 1.4%. - FY2021-Q2Lower sales and earningsAnnual report
「For the first six months ended to date, net sales were ¥4,645 million (¥5,207 million in the same period of the previous year, down 10.8%), operating profit was ¥118 million (¥204 million, down 42.3%), ordinary profit was ¥207 million (¥286 million, down 27.5%), and net profit for the quarter was ¥143 million (¥178 million, down 19.7%).」
Net sales decreased 10.8% year on year, while operating profit, ordinary profit and net profit for the quarter decreased 42.3%, 27.5% and 19.7%, respectively, shifting from the previous quarter's lower revenue but higher profits to lower revenue and lower profits. - FY2021-Q1Lower Revenue and Higher ProfitAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. As a result, net sales for the first quarter ended to date totaled ¥2,048 million (¥2,272 million in the same quarter of the previous year, down 9.9%). In terms of earnings, partly because the production machinery business substantially improved its profit margin, operating profit was ¥101 million (¥52 million in the same quarter of the previous year, up 94.2%), ordinary profit was ¥148 million (¥99 million, up 49.2%), and net profit for the quarter was ¥103 million (¥47 million, up 120.0%).」
While net sales decreased 9.9% year on year, operating profit, ordinary profit and net profit for the quarter all increased, partly because of improved margins in the production machinery business. - FY2020Continued Full-Year Revenue and Profit GrowthAnnual report
「Supported by strong orders, both the packaging machinery business and the production machinery business posted higher sales for the fiscal year, with net sales totaling ¥12,337 million (¥11,650 million in the previous year, up 5.9%). In terms of earnings, partly because the production machinery business improved its profit margin, operating profit was ¥778 million (¥617 million in the previous year, up 26.2%), ordinary profit was ¥936 million (¥765 million, up 22.3%), and net profit was ¥642 million (¥538 million, up 19.2%).」
Net sales, operating profit, ordinary profit and net profit all exceeded the previous year's levels, resulting in full-year revenue and profit growth. - FY2020-Q3Continued Significant Revenue and Profit GrowthAnnual report
「In terms of earnings, in addition to higher sales in both businesses, thorough cost controls and other factors, including improved margins in the production machinery business, resulted in operating profit of ¥585 million (¥18 million in the same quarter of the previous year, up 3,120.0%), ordinary profit of ¥700 million (¥136 million, up 414.7%), and net profit for the quarter of ¥472 million (¥90 million, up 423.0%).」
Net sales increased 38.2%, operating profit 3,120.0%, ordinary profit 414.7% and net profit for the quarter 423.0%, resulting in substantial year-on-year revenue and profit growth. - FY2020-Q2Significant Revenue and Profit GrowthAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. As a result, for the first six months ended to date, both the packaging machinery business and the production machinery business performed well, and net sales totaled ¥5,207 million (¥3,891 million in the same period of the previous year, up 33.8%). In terms of earnings, in addition to higher sales, partly because the production machinery business improved its profit margin, operating profit was ¥204 million (¥53 million in the same period of the previous year, up 279.2%), ordinary profit was ¥286 million (¥139 million, up 105.9%), and net profit for the quarter was ¥178 million (¥95 million, up 87.3%).」
Both businesses performed well, with net sales up 33.8% year on year, operating profit up 279.2%, ordinary profit up 105.9% and net profit for the quarter up 87.3%. - FY2020-Q1Return to higher revenue and earningsAnnual report
「Against this backdrop, the Company worked across the organization to maintain its performance. As a result, for the first quarter ended to date, both the packaging machinery business and the production machinery business performed well, and net sales totaled ¥2,272 million (¥1,230 million in the same quarter of the previous year, up 84.7%). In terms of earnings, partly because the production machinery business improved its profit margin, operating profit was ¥52 million (operating loss of ¥120 million in the same quarter of the previous year), ordinary profit was ¥99 million (ordinary loss of ¥72 million), and net profit for the quarter was ¥47 million (net loss of ¥53 million).」
With both businesses performing well and the production machinery business improving its profit margin, net sales increased 84.7%, while operating profit, ordinary profit and net profit for the quarter all turned profitable from losses in the same period of the previous year. - FY2019Significant Revenue and Profit GrowthAnnual report
「Revenue for the current fiscal year was ¥11,650 million (¥7,600 million in the previous fiscal year, up 53.3%). Continued efforts to reduce costs and expenses, together with substantial revenue growth in the Production Machinery business, resulted in operating profit of ¥617 million (¥220 million in the previous fiscal year, up 179.6%) and ordinary profit of ¥765 million (¥353 million in the previous fiscal year, up 116.2%). Net income after corporate taxes and other deductions was ¥538 million (¥241 million in the previous fiscal year, up 122.8%).」
Revenue, operating profit, ordinary profit and net income all exceeded the previous year's levels, resulting in substantial growth in both revenue and profit. - FY2019-Q3WorsenedAnnual report
「Against this economic backdrop, the Company worked across the organization to secure business performance, resulting in a steady 29.8% year-on-year increase in revenue to ¥6,473 million for the nine months ended 31 December (¥4,985 million in the same period of the previous year). However, profit declined substantially. In addition to projects with costs exceeding initial expectations, the Company recognized a provision of ¥101 million in the current quarter for losses expected on loss-making large projects scheduled to generate revenue in the future. As a result, operating profit was ¥18 million (¥167 million in the same period of the previous year, down 89.1%), ordinary profit was ¥136 million (¥266 million in the same period of the previous year, down 49.0%), and quarterly net income after taxes and other deductions was ¥90 million (¥180 million in the same period of the previous year, down 49.9%).」
Revenue increased 29.8% year on year, while operating profit declined 89.1%, ordinary profit declined 49.0%, and quarterly net income declined 49.9%, resulting in a substantial decline in profit despite higher revenue. - FY2019-Q2Revenue growth, lower operating profit, higher ordinary profit and higher net incomeAnnual report
「Revenue for the six months ended 30 September was ¥3,891 million (¥2,932 million in the same period of the previous year, up 32.7%). Profit growth was held back by costs incurred in the first half for new projects involving development work and other factors, resulting in operating profit of ¥53 million (¥61 million in the same period of the previous year, down 11.6%). Ordinary profit increased 6.6% to ¥139 million (¥130 million in the same period of the previous year) due to higher dividend income and rental income, while quarterly net income after taxes and other deductions increased 9.8% to ¥95 million (¥86 million in the same period of the previous year).」
Revenue increased 32.7%, but operating profit declined 11.6%. Ordinary profit increased 6.6% and quarterly net income increased 9.8% due to higher dividend income and rental income. - FY2019-Q1WorsenedAnnual report
「Revenue for the three months ended 30 June was ¥1,230 million (¥1,102 million in the same quarter of the previous year, up 11.6%). The impact of some projects with profit margins below initial expectations was substantial, resulting in an operating loss of ¥120 million (operating loss of ¥70 million in the same quarter of the previous year), an ordinary loss of ¥72 million (ordinary loss of ¥31 million in the same quarter of the previous year), and a quarterly net loss of ¥53 million (quarterly net loss of ¥24 million in the same quarter of the previous year).」
Although revenue increased 11.6%, the operating loss, ordinary loss and quarterly net loss all widened from the previous year due to the impact of some projects with profit margins below initial expectations. - FY2018Revenue growth, lower operating profit, higher ordinary profit and higher net incomeAnnual report
「Revenue for the current fiscal year was ¥7,600 million (¥7,567 million in the previous fiscal year, up 0.4%). Continued efforts to reduce costs and expenses resulted in operating profit of ¥220 million (¥207 million in the previous fiscal year, up 6.2%) and ordinary profit of ¥353 million (¥351 million in the previous fiscal year, up 0.8%). Net income declined 9.4% to ¥241 million (¥266 million in the previous fiscal year), partly due to higher corporate taxes.」
Revenue increased 0.4%, operating profit increased 6.2% and ordinary profit increased 0.8%, while net income declined 9.4% due to higher corporate taxes and other factors. - FY2018-Q3Higher revenue and profitsAnnual report
「Revenue for the nine months ended 31 December was ¥4,985 million (¥4,366 million in the same period of the previous year, up 14.2%). Higher revenue resulted in operating profit of ¥167 million (¥41 million in the same period of the previous year, up 307.2%), ordinary profit of ¥266 million (¥150 million in the same period of the previous year, up 77.2%), and quarterly net income of ¥180 million (¥118 million in the same period of the previous year, up 52.4%).」
The Company shifted from a period of declining revenue and profit in the previous year to growth in revenue, operating profit, ordinary profit and quarterly net income. - FY2018-Q2Profit Growth Despite Lower RevenueAnnual report
「Against this economic backdrop, the Company worked across the organization to secure business performance, resulting in revenue of ¥2,932 million for the six months ended 30 September (¥2,963 million in the same period of the previous year, down 1.1%). The cost ratio declined 1.8% from the same period of the previous year, resulting in operating profit of ¥61 million (¥31 million in the same period of the previous year, up 93.8%), ordinary profit of ¥130 million (¥103 million in the same period of the previous year, up 26.1%), and quarterly net income of ¥86 million (¥62 million in the same period of the previous year, up 38.5%).」
Revenue declined 1.1% year on year, while operating profit, ordinary profit and quarterly net income all increased, supported by the lower cost ratio. - FY2018-Q1WorsenedAnnual report
「Against this economic backdrop, the Company worked across the organization to secure business performance and secured orders exceeding those in the same quarter of the previous year, but revenue was ¥1,102 million (¥1,158 million in the same quarter of the previous year, down 4.8%). Although the cost ratio declined 0.2% from the same quarter of the previous year and selling, general and administrative expenses were reduced by ¥9 million, the Company reported an operating loss of ¥70 million (operating loss of ¥66 million in the same quarter of the previous year, loss widening 5.5%), an ordinary loss of ¥31 million (ordinary loss of ¥19 million in the same quarter of the previous year, loss widening 61.9%), and a quarterly net loss of ¥24 million (quarterly net loss of ¥16 million in the same quarter of the previous year, loss widening 51.6%).」
Although the Company secured more orders than in the same quarter of the previous year, revenue declined 4.8%, and the operating loss, ordinary loss and quarterly net loss all widened. - FY2017WorsenedAnnual report
「Against this economic backdrop, the Company worked across the organization to secure business performance, resulting in revenue of ¥7,567 million for the current fiscal year (¥8,999 million in the previous fiscal year, down 15.9%). Operating profit and ordinary profit declined from the previous year due to lower revenue, but continued efforts to reduce costs and expenses resulted in operating profit of ¥207 million (¥360 million in the previous fiscal year, down 42.3%) and ordinary profit of ¥351 million (¥503 million in the previous fiscal year, down 30.2%). Net income increased 64.0% to ¥266 million (¥162 million in the previous fiscal year), partly due to lower corporate taxes.」
Revenue, operating profit and ordinary profit declined year on year. Meanwhile, net income increased 64.0% due to lower corporate taxes and other factors. - FY2017-Q3WorsenedAnnual report
「Against this economic backdrop, the Company worked across the organization to secure business performance, resulting in revenue of ¥4,366 million for the nine months ended 31 December (¥6,758 million in the same period of the previous year, down 35.4%). Despite efforts to reduce both the cost of sales and selling, general and administrative expenses, lower revenue resulted in operating profit of ¥41 million (¥310 million in the same period of the previous year, down 86.8%), ordinary profit of ¥150 million (¥422 million in the same period of the previous year, down 64.3%), and quarterly net income of ¥118 million (¥128 million in the same period of the previous year, down 8.0%).」
Revenue declined 35.4% year on year, while operating profit declined 86.8%, ordinary profit declined 64.3%, and quarterly net income declined 8.0%. Revenue and profit continued to decline in the nine months ended 31 December. - FY2017-Q2WorsenedAnnual report
「Against this economic backdrop, the Company worked across the organization to secure business performance, resulting in revenue of ¥2,963 million for the six months ended 30 September (¥4,778 million in the same period of the previous year, down 38.0%). Operating profit was ¥31 million (¥235 million in the same period of the previous year, down 86.6%), ordinary profit was ¥103 million (¥311 million in the same period of the previous year, down 66.8%), and quarterly net income was ¥62 million (¥208 million in the same period of the previous year, down 70.0%), reflecting lower cost of sales and reductions in selling, general and administrative expenses.」
Revenue declined 38.0% year on year, and operating profit, ordinary profit and quarterly net income also declined. Although the Company remained profitable, revenue and profit continued to decline from the previous year. - FY2017-Q1WorsenedAnnual report
「Revenue for the six months ended 30 June was ¥1,158 million (¥2,126 million in the same quarter of the previous year, down 45.5%). Although the cost of sales ratio declined 5.2% year on year, this was insufficient to cover selling, general and administrative expenses, resulting in an operating loss of ¥66 million (operating profit of ¥77 million in the same quarter of the previous year), an ordinary loss of ¥19 million (ordinary profit of ¥124 million in the same quarter of the previous year), and a net loss of ¥16 million (net income of ¥82 million in the same quarter of the previous year).」
Revenue declined 45.5% year on year, and operating profit, ordinary profit and quarterly net income each turned into a loss. Quarterly performance deteriorated from the previous fiscal year's growth in both revenue and profit. - FY2016First statedAnnual report
「Revenue for the current fiscal year was ¥8,999 million (¥7,812 million in the previous fiscal year, up 15.2%). Operating profit was ¥360 million (¥284 million in the previous fiscal year, up 26.5%) and ordinary profit was ¥503 million (¥390 million in the previous fiscal year, up 28.9%), as the Company secured revenue and continued efforts to reduce costs and expenses. However, net income was ¥162 million, partly because the Company recorded ¥100 million in provision for doubtful accounts on receivables from affiliated companies and ¥36 million in impairment losses on shares of affiliated companies as extraordinary losses.」
Revenue, operating profit and ordinary profit increased, while net income declined year on year due to extraordinary losses related to affiliated companies and other factors.