Profit decline due to capital investment, retirement benefit expenses and foreign exchange losses
First written in FY2017-Q1. 1 of 4 entries say "Restated". Latest entry: FY2017.
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- FY2017DroppedAnnual report
「As a result, revenue was ¥94,012 million, up 6.7% year on year, operating profit was ¥9,580 million, up 18.2%, ordinary profit was ¥9,771 million, up 20.7%, and profit attributable to owners of the parent was ¥6,958 million, up 27.5%.」
The factors behind the decline in earnings cited in the quarterly report, namely capital investment, retirement benefit expenses and foreign exchange losses, were not highlighted in the full-year results discussion, and both revenue and all profit figures increased year on year. - FY2017-Q3SoftenedAnnual report
「Against this backdrop, the Group's results for the first 3 quarters of the current consolidated fiscal year were revenue of ¥66,683 million, up 4.7% year on year, operating profit of ¥6,129 million, up 9.6%, ordinary profit of ¥6,285 million, up 11.7%, and profit attributable to owners of the parent of ¥4,408 million, up 17.5%.」
Following the declines in revenue and all profit figures described for the first and second quarters, revenue and all profit figures increased year on year for the first 3 quarters. - FY2017-Q2RestatedAnnual report
「Under these circumstances, the Group's results for the six months ended the second quarter of the current fiscal year were affected by higher retirement benefit expenses and the recognition of foreign-exchange losses. Net sales were ¥42,943 million, down 4.9% year on year; operating profit was ¥4,151 million, down 3.7%; ordinary profit was ¥4,056 million, down 4.4%; and profit attributable to owners of the parent was ¥2,801 million, down 4.2%.」
The decline in revenue and all profit figures year on year is again attributed to higher retirement benefit expenses and foreign exchange losses. - FY2017-Q1First statedAnnual report
「Against this backdrop, the Group's results for the first quarter of the current consolidated cumulative period were as follows, reflecting higher depreciation expense from capital expenditures for future growth, higher retirement benefit expenses and the recognition of foreign exchange losses: net sales were ¥20,776 million (down 12.0% year on year), operating income was ¥1,648 million (down 26.7%), ordinary income was ¥1,546 million (down 33.0%), and net income attributable to owners of the parent was ¥1,093 million (down 31.3%).」
Revenue and all profit figures decreased year on year due to higher depreciation expenses associated with capital investment for the future, increased retirement benefit expenses and the recognition of foreign exchange losses.