Improving profit margins despite lower revenue
First written in FY2016. 12 of 36 entries say "Worsened", first in FY2017-Q1. Latest entry: FY2027-H1.
Sankyo moved to the "Worse" side of this theme in 2016, 2 years before the typical company in this theme (2018).
The whole theme swung hardest in 2026: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「As a result, net sales were ¥81.0 billion, down 19.3% year on year; operating income was ¥27.3 billion, down 30.0%; ordinary income was ¥28.4 billion, down 28.8%; and interim net income attributable to owners of the parent was ¥20.4 billion, down 28.8%.」
Revenue, operating profit, ordinary profit and interim net profit attributable to owners of the parent all declined from the previous year. - FY2026WorsenedAnnual report
「Net sales were ¥179.2 billion, down 6.6% from the previous fiscal year; operating profit was ¥62.4 billion, down 15.1%; ordinary profit was ¥63.9 billion, down 14.2%; and net income attributable to owners of the parent was ¥46.7 billion, down 13.4%.」
Revenue and profit declined for the full year, marking a deterioration from the substantial revenue and profit growth in the previous fiscal year. - 2026-05-13OtherRevision to earnings forecasts
「R&D expenses ¥18,459 million ¥21,559 million」
R&D expenses increased from ¥18,459 million in the previous fiscal year to ¥21,559 million. - FY2026-H1Higher revenue and profitAnnual report
「As a result, net sales were ¥100.4 billion, up 10.7% year on year; operating income was ¥39.0 billion, up 7.6%; ordinary income was ¥39.9 billion, up 8.7%; and interim net income attributable to owners of the parent was ¥28.7 billion, up 9.7%.」
For the interim consolidated accounting period, revenue and profit increased year on year, with revenue of ¥100.4 billion and operating profit of ¥39.0 billion. - FY2025-H1WorsenedAnnual report
「As a result, net sales were ¥90.7 billion, down 21.9% year on year; operating income was ¥36.2 billion, down 20.2%; ordinary income was ¥36.7 billion, down 19.9%; and interim net income attributable to owners of the parent was ¥26.2 billion, down 20.0%.」
For the six months ended the current interim period, revenue, operating profit, ordinary profit, and interim net income attributable to owners of the parent were all below the same period of the previous year. - FY2024Substantial full-year revenue and profit growth continuesAnnual report
「Net sales were ¥199.0 billion, up 26.6% year on year; operating profit was ¥72.4 billion, up 23.9%; ordinary profit was ¥73.1 billion, up 23.3%; and net income attributable to owners of the parent was ¥53.7 billion, up 14.7%.」
In FY2024, revenue and profit continued to grow, with revenue of ¥199.0 billion, operating profit of ¥72.4 billion and net profit attributable to owners of the parent of ¥53.7 billion. - FY2024-Q3Substantial revenue and profit growth continuesAnnual report
「As a result, net sales were ¥170.5 billion, up 33.2% year on year; operating income was ¥65.2 billion, up 35.9%; ordinary income was ¥65.8 billion, up 35.1%; and net income attributable to owners of the parent was ¥48.2 billion, up 24.8%.」
For the third-quarter cumulative period on a consolidated basis, revenue and profit increased substantially year on year, with revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increasing. - FY2024-Q2Substantial revenue and profit growth continuesAnnual report
「As a result, net sales were ¥116.1 billion, up 66.1% year on year; operating income was ¥45.4 billion, up 72.1%; ordinary income was ¥45.8 billion, up 70.9%; and net income attributable to owners of the parent was ¥32.7 billion, up 53.9%.」
Revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased substantially year on year, marking continued revenue and profit growth. - FY2024-Q1Continued revenue and significant profit growthAnnual report
「As a result, net sales were ¥50.7 billion, up 82.9% year on year; operating income was ¥19.1 billion, up 102.9%; ordinary income was ¥19.4 billion, up 98.2%; and net income attributable to owners of the parent was ¥14.0 billion, up 77.5%.」
In the first quarter, revenue and profit increased substantially year on year, with revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increasing. - FY2023Revenue growth and significant earnings growthAnnual report
「As a result, net sales were ¥157.2 billion, up 85.4% year on year; operating profit was ¥58.5 billion, up 174.1%; ordinary profit was ¥59.3 billion, up 166.6%; and net income attributable to owners of the parent was ¥46.8 billion, up 153.9%, partly due to the recognition of extraordinary gains on the sale of investment securities.」
For the full year, revenue and profit increased substantially, with revenue, operating profit, ordinary profit and net profit all well above the previous fiscal year. - FY2023-Q3Continued revenue and significant profit growthAnnual report
「As a result, net sales were ¥128.0 billion, up 82.1% year on year, operating income was ¥48.0 billion, up 139.8%, and ordinary income was ¥48.7 billion, up 133.9%. Quarterly net income attributable to owners of the parent was ¥38.6 billion, up 128.2%, partly due to the recognition of extraordinary income from the sale of investment securities.」
For the third-quarter cumulative period on a consolidated basis, revenue and profit increased substantially year on year, with revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all rising significantly. - FY2023-Q2Continued revenue and significant profit growthAnnual report
「As a result, net sales were ¥69.9 billion, up 149.3% year on year, operating income was ¥26.4 billion, up 806.4%, and ordinary income was ¥26.8 billion, up 687.3%. Quarterly net income attributable to owners of the parent was ¥21.3 billion, up 365.7%, partly due to the recognition of extraordinary income from the sale of investment securities.」
Revenue for the cumulative period through the second quarter increased year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased substantially. - FY2023-Q1Continued revenue and significant profit growthAnnual report
「As a result, net sales were ¥27.7 billion, up 154.0% year on year; operating income was ¥9.4 billion, compared with operating income of ¥700 million in the same quarter of the previous year; ordinary income was ¥9.8 billion, up 724.4%; and net income attributable to owners of the parent was ¥7.9 billion, up 740.2%, partly due to the recognition of extraordinary income from the sale of investment securities.」
Net sales increased year on year, while operating profit, ordinary profit and net income attributable to owners of the parent all rose substantially. - FY2022Continued revenue and significant profit growthAnnual report
「As a result, revenue was ¥84.8 billion, up 46.0% from the previous fiscal year; operating profit was ¥21.3 billion, up 224.2%; ordinary profit was ¥22.2 billion, up 197.2%; and net profit attributable to owners of the parent was ¥18.4 billion, up 221.2%.」
Full-year revenue increased, while operating income, ordinary income and net income attributable to owners of the parent all rose sharply. - FY2022-Q3Revenue growth and significant earnings growthAnnual report
「As a result, net sales were ¥70.3 billion, up 71.6% year on year; operating income was ¥20.0 billion, up 371.0%; ordinary income was ¥20.8 billion, up 311.9%; and net income attributable to owners of the parent was ¥16.9 billion, up 313.0%, partly due to the recognition of extraordinary income from the sale of investment securities.」
Revenue increased year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased substantially. - FY2022-Q2Revenue growth and significant earnings growthAnnual report
「As a result, net sales were ¥28.0 billion, up 10.8% year on year; operating income was ¥2.9 billion, up 168.7%; ordinary income was ¥3.4 billion, up 114.7%; and net income attributable to owners of the parent was ¥4.5 billion, up 225.0%, partly due to the recognition of extraordinary income from the sale of investment securities.」
Net sales increased year on year, while operating profit, ordinary profit and net income attributable to owners of the parent all rose substantially. - FY2022-Q1WorsenedAnnual report
「As a result, net sales were ¥10.9 billion, down 39.1% year on year; operating income was ¥700 million, down 79.5%; ordinary income was ¥1.1 billion, down 71.5%; and net income attributable to owners of the parent was ¥900 million, down 71.0%.」
The first quarter saw lower revenue and lower profit year on year, with operating profit declining 79.5%. This represents a deterioration from the prior trend of securing and improving profit despite lower revenue. - FY2021WorsenedAnnual report
「Revenue was ¥58.1 billion, down 25.9% from the previous fiscal year; operating profit was ¥6.5 billion, down 47.5%; ordinary profit was ¥7.4 billion, down 44.4%; and net profit attributable to owners of the parent was ¥5.7 billion, down 55.9%.」
The company posted lower revenue and lower profit for the full year, confirming a deterioration from the prior trend of securing and improving profit despite lower revenue. - FY2021-Q3WorsenedAnnual report
「As a result, net sales were ¥41.0 billion, down 33.6% year on year; operating income was ¥4.2 billion, down 59.7%; ordinary income was ¥5.0 billion, down 55.5%; and net income attributable to owners of the parent was ¥4.1 billion, down 68.3%.」
Revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all declined year on year, representing a deterioration from the prior trend of improving profit margins despite lower revenue. - FY2021-Q2WorsenedAnnual report
「As a result, net sales were ¥25.3 billion, down 24.4% year on year; operating income was ¥1.0 billion, down 64.8%; ordinary income was ¥1.5 billion, down 56.0%; and net income attributable to owners of the parent was ¥1.4 billion, down 35.5%.」
The cumulative period through the second quarter saw lower revenue and lower profit year on year, with operating profit declining 64.8%. - FY2021-Q1Revenue Growth and Return to ProfitabilityAnnual report
「As a result, sales were ¥17.9 billion, up 58.2% year on year, operating profit was ¥3.7 billion, compared with an operating loss of ¥0.5 billion in the same period of the previous year, ordinary profit was ¥4.1 billion, compared with an operating loss of ¥0.1 billion, and net profit attributable to owners of the parent was ¥3.2 billion, compared with a quarterly net loss of ¥93 million.」
Revenue increased in the current quarter following lower revenue and an operating loss in the same period of the previous year, and operating profit, ordinary profit and net profit returned to the black. - FY2020-Q3Continued revenue growth and lower profitAnnual report
「As a result, net sales were ¥61.7 billion, up 11.6% year on year; operating income was ¥10.5 billion, down 3.7%; ordinary income was ¥11.3 billion, down 4.0%; and net income attributable to owners of the parent was ¥12.9 billion, up 46.9%, mainly because extraordinary income and losses were recognized following the transfer of shares in November after carving out, through a newly established split, part of the golf course operations and real estate leasing business operated by the consolidated subsidiary 株式会社三共クリエイト as part of the Group's business restructuring.」
Revenue for the cumulative period through the third quarter increased 11.6%, while operating profit and ordinary profit declined. Net profit attributable to owners of the parent increased 46.9% owing to extraordinary income and expenses associated with the business reorganization. - FY2020-Q2Higher sales and lower profitAnnual report
「As a result, net sales were ¥33.4 billion, up 12.5% year on year; operating income was ¥3.0 billion, down 5.3%; ordinary income was ¥3.6 billion, down 4.8%; and net income attributable to owners of the parent was ¥2.1 billion, down 24.8%.」
Revenue increased year on year, but operating profit, ordinary profit and quarterly net profit attributable to owners of the parent declined. - FY2020-Q1WorsenedAnnual report
「As a result, net sales were ¥11.3 billion, down 21.8% year on year; operating loss was ¥500 million, compared with operating income of ¥1.3 billion in the same quarter of the previous year; ordinary loss was ¥100 million, compared with ordinary income of ¥1.8 billion; and net loss attributable to owners of the parent was ¥93 million, compared with net income attributable to owners of the parent of ¥1.4 billion.」
In the first quarter, revenue declined year on year, and operating profit, ordinary profit and net profit all turned into losses. - FY2019Revenue growth and significant earnings growthAnnual report
「As a result, net sales were ¥88.5 billion, up 2.7% year on year, operating income was ¥21.2 billion, up 109.1%, and ordinary income was ¥22.3 billion, up 97.0%. Despite recording extraordinary losses, including impairment losses on investment securities, net income attributable to owners of the parent was ¥13.3 billion, up 141.1%.」
For the full year, revenue increased and operating profit, ordinary profit and net profit attributable to owners of the parent rose substantially. - FY2019-Q3Revenue growth and continued return to profitabilityAnnual report
「As a result, revenue was ¥55.3 billion, up 19.8% from the same quarter of the previous year; operating profit was ¥10.9 billion, compared with an operating loss of ¥2.9 billion; ordinary profit was ¥11.8 billion, compared with an ordinary loss of ¥1.8 billion; quarterly net profit attributable to owners of the parent was ¥8.8 billion, compared with a quarterly net loss of ¥1.2 billion; and the operating margin was 19.8%.」
Revenue for the cumulative period through the third quarter increased 19.8% year on year, while operating profit, ordinary profit and net profit turned from losses in the previous year into profits. - FY2019-Q2Revenue Growth and Return to ProfitabilityAnnual report
「As a result, revenue was ¥29.7 billion, up 40.3% from the same quarter of the previous year; operating profit was ¥3.2 billion, compared with an operating loss of ¥5.5 billion; ordinary profit was ¥3.7 billion, compared with an ordinary loss of ¥4.9 billion; quarterly net profit attributable to owners of the parent was ¥2.9 billion, compared with a quarterly net loss of ¥3.4 billion; and the operating margin was 10.9%.」
Revenue for the cumulative period through the second quarter increased 40.3% year on year, while operating profit, ordinary profit and net profit turned from losses in the previous year into profits. - FY2019-Q1Revenue Growth and Return to ProfitabilityAnnual report
「As a result, net sales were ¥14.5 billion, up 30.7% year on year, operating income was ¥1.3 billion, compared with an operating loss of ¥2.3 billion in the same quarter of the previous year, ordinary income was ¥1.8 billion, compared with an ordinary loss of ¥1.8 billion, and quarterly net income attributable to owners of the parent was ¥1.4 billion, compared with a quarterly net loss attributable to owners of the parent of ¥1.1 billion.」
Revenue increased 30.7% year on year, while operating profit, ordinary profit and quarterly net profit all turned from losses in the previous year into profits. - FY2018Higher revenue and a return to profitabilityAnnual report
「Revenue was ¥86.2 billion, up 5.9% from the previous fiscal year; operating profit was ¥10.1 billion, up 101.2%; ordinary profit was ¥11.3 billion, up 195.3%; and net profit attributable to owners of the parent was ¥5.5 billion, up 212.2%.」
After posting losses through the third quarter, the company achieved full-year revenue growth and returned to operating profit, ordinary profit and net profit. - FY2018-Q3Sales recovered, but losses continuedAnnual report
「As a result, net sales were ¥46.1 billion, down 31.8% year on year; operating loss was ¥2.9 billion, compared with operating profit of ¥6.2 billion in the same quarter of the previous year; ordinary loss was ¥1.8 billion, compared with ordinary profit of ¥5.7 billion; and net loss attributable to owners of the parent was ¥1.2 billion, compared with net income attributable to owners of the parent of ¥3.4 billion.」
Sales recovered compared with the cumulative period through the second quarter, but revenue fell 31.8% year on year and operating profit, ordinary profit and net profit attributable to owners of the parent all turned into losses. - FY2018-Q2WorsenedAnnual report
「Revenue was ¥21.2 billion, down 33.3% from the same quarter of the previous year; the company posted an operating loss of ¥5.5 billion, compared with an operating loss of ¥1.6 billion in the same quarter of the previous year; an ordinary loss of ¥4.9 billion, compared with an operating loss of ¥1.7 billion; and a quarterly net loss attributable to owners of the parent of ¥3.4 billion, compared with a quarterly net loss attributable to owners of the parent of ¥1.6 billion.」
Revenue fell 33.3% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened. - FY2018-Q1Higher revenue and narrower lossAnnual report
「As a result, net sales were ¥11.1 billion, up 18.5% year on year, while the Company recorded an operating loss of ¥2.3 billion, compared with an operating loss of ¥2.6 billion in the same quarter of the previous year, an ordinary loss of ¥1.8 billion, compared with an ordinary loss of ¥2.4 billion, and a quarterly net loss attributable to owners of the parent of ¥1.1 billion, compared with a quarterly net loss attributable to owners of the parent of ¥1.9 billion.」
Revenue increased year on year, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed. Performance improved from the deterioration through the previous quarter, but the company still recorded losses. - FY2017-Q3WorsenedAnnual report
「As a result, net sales were ¥67.7 billion, down 31.9% year on year, operating income was ¥6.2 billion, down 52.6%, ordinary income was ¥5.7 billion, down 60.0%, and quarterly net income attributable to owners of the parent was ¥3.4 billion, down 65.5%.」
Revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all declined year on year, confirming a deterioration in performance. - FY2017-Q2WorsenedAnnual report
「Revenue was ¥31.8 billion, down 57.4% from the same quarter of the previous year; the company posted an operating loss of ¥1.6 billion, compared with operating profit of ¥11.3 billion in the same quarter of the previous year; an ordinary loss of ¥1.7 billion, compared with ordinary profit of ¥12.2 billion; and a quarterly net loss attributable to owners of the parent of ¥1.6 billion, compared with quarterly net profit attributable to owners of the parent of ¥8.5 billion.」
Revenue fell 57.4% from the same quarter of the previous year, and operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all turned into losses. - FY2017-Q1WorsenedAnnual report
「As a result, revenue was ¥9.3 billion, down 73.9% from the same quarter of the previous year; the company posted an operating loss of ¥2.6 billion, compared with operating profit of ¥5.7 billion in the same quarter of the previous year; an ordinary loss of ¥2.4 billion, compared with ordinary profit of ¥6.2 billion; and a quarterly net loss attributable to owners of the parent of ¥1.9 billion, compared with quarterly net profit attributable to owners of the parent of ¥4.2 billion.」
Operating profit, ordinary profit and net profit in the same quarter of the previous year turned into losses in the current quarter, while revenue also fell 73.9%. - FY2016First statedAnnual report
「Revenue was ¥137.1 billion, down 6.4% year on year, but consolidated operating profit rose 42.3% to ¥18.8 billion and consolidated ordinary profit rose 34.3% to ¥19.9 billion, owing to an improved cost ratio resulting from changes in the sales mix and higher selling prices, as well as lower research and development and advertising expenses.」
The company reports that operating profit and ordinary profit increased through an improved cost ratio and lower expenses despite lower revenue.