Higher Operating Profit Alongside Lower Ordinary Profit and Net Income
First written in FY2016. 12 of 36 entries say "Reframed", first in FY2017-Q3. Latest entry: 2026-11-10.
Japan Cash Machine moved to the "Worse" side of this theme in 2019, 2 years before the typical company in this theme (2021).
The whole theme swung hardest in 2019: 4 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- 2026-11-10Reframedgoogle.com上期は営業利益・経常利益が大幅に増加した一方、最終利益は減少する構図が示された。
- FY2026ReframedAnnual report
「Revenue was ¥31,557 million, down 16.6% from the previous consolidated fiscal year. Operating income was ¥2,497 million, down 49.2%, and ordinary income was ¥3,525 million, down 24.6%, with both below the previous fiscal year's levels. Meanwhile, because a gain on the sale of fixed assets was recorded as extraordinary income in the second quarter, net income attributable to owners of the parent was ¥4,692 million, up 23.1%.」
For the full year, revenue, operating income and ordinary income declined, while net income attributable to owners of the parent increased due to a gain on the sale of fixed assets. - 2026-05-13RestatedRevision to earnings forecast
「一方、当第２四半期に固定資産売却益を特別利益として計上したことから、親会社株主に帰属する当期純利益は4,692百万円（前連結会計年度比23.1％増）となりました。」
営業利益・経常利益が減少する一方、固定資産売却益により親会社株主に帰属する当期純利益が増加する構図を通期でも示している。 - FY2026-H1ReframedAnnual report
「As a result, revenue for the current interim consolidated accounting period was ¥14,774 million, down 30.5% year on year, operating income was ¥820 million, down 78.1%, and ordinary income was ¥1,011 million, down 66.2%. Meanwhile, the recording of a gain on the sale of fixed assets as extraordinary income resulted in interim net income attributable to owners of the parent of ¥3,288 million, up 32.1%.」
While revenue, operating income and ordinary income fell below the previous year's levels, interim net income attributable to owners of the parent increased due to a gain on the sale of fixed assets, changing the pattern to one combining lower operating and ordinary income with higher net income from extraordinary income. - FY2025-H1AdvancedAnnual report
「In addition to higher revenue, increased sales of highly profitable products in response to the redesign of banknotes contributed to operating income of ¥3,755 million, up 308.4% year on year. In addition, the recording of foreign exchange losses as the yen appreciated rapidly toward the end of the current interim consolidated accounting period resulted in ordinary income of ¥2,993 million, up 70.4%, and interim net income attributable to owners of the parent of ¥2,490 million, up 81.6%.」
Although foreign exchange losses arose from the yen's appreciation, operating income, ordinary income and interim net income attributable to owners of the parent all exceeded the previous year's levels, with operating income up 308.4%. - FY2024-Q3AdvancedAnnual report
「In addition to higher revenue, improved profit margins resulting from the resolution of component supply shortages and other factors contributed to operating income of ¥1,997 million, up 123.8% year on year. The recording of foreign exchange gains due in part to the yen's depreciation resulted in ordinary income of ¥2,359 million, up 62.1%, and quarterly net income attributable to owners of the parent of ¥1,685 million, up 43.9%.」
All three measures—operating income, ordinary income and quarterly net income attributable to owners of the parent—exceeded the previous year's levels, with operating income up 123.8%, ordinary income up 62.1% and net income up 43.9%. - FY2024-Q2AdvancedAnnual report
「Although some businesses were affected by higher component prices, improved profitability in the gaming equipment segment also contributed to operating income of ¥919 million, up 53.2% year on year. The recording of ¥793 million in foreign currency translation gains due to the yen's depreciation, among other factors, resulted in ordinary income of ¥1,756 million, up 6.0%, and quarterly net income attributable to owners of the parent of ¥1,371 million, up 6.2%.」
Operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the previous year's levels, with operating income up 53.2% year on year. - FY2024-Q1WorsenedAnnual report
「In terms of earnings, in addition to higher electronic-component prices caused by shortages, increased transportation costs resulting from the Company's flexible response to customers and other factors caused operating income to decline to ¥275 million, down 41.0% year on year. The recording of ¥538 million in foreign exchange gains due to the yen's depreciation, among other factors, resulted in ordinary income of ¥878 million, down 23.3%, and quarterly net income attributable to owners of the parent of ¥750 million, down 19.8%.」
Although revenue increased, operating income, ordinary income and quarterly net income all fell below the same quarter of the previous year due to higher electronic-component prices and transportation costs. - FY2023ReframedAnnual report
「Operating income was ¥622 million, up 9.5% from the previous consolidated fiscal year. Ordinary income was ¥1,267 million, down 8.5%, despite foreign exchange gains resulting from the yen's depreciation. In addition, the Company recorded ¥1,587 million in extraordinary income as a gain on the sale of fixed assets comprising the former headquarters property, among other items, resulting in net income attributable to owners of the parent of ¥3,146 million, up 419.7%.」
While operating income increased, ordinary income declined even including foreign exchange gains, and net income shifted to a pattern of substantial growth driven by extraordinary gains, including the gain on the sale of the former headquarters property. - FY2023-Q3AdvancedAnnual report
「Operating income increased with revenue to ¥892 million, up 4.1% year on year. The recording of foreign exchange gains due in part to the yen's depreciation resulted in ordinary income of ¥1,455 million, up 10.8%, and quarterly net income attributable to owners of the parent of ¥1,171 million, up 15.6%.」
All three measures—operating income, ordinary income and quarterly net income attributable to owners of the parent—exceeded the previous year's levels, continuing the pattern of higher revenue and higher earnings. - FY2023-Q2AdvancedAnnual report
「Operating income increased with revenue to ¥600 million, up 118.6% year on year. In addition, the recording of ¥982 million in foreign exchange gains due in part to the rapid depreciation of the yen resulted in ordinary income of ¥1,658 million, up 410.6% year on year, and quarterly net income attributable to owners of the parent of ¥1,292 million, up 642.1%.」
All three measures—operating income, ordinary income and quarterly net income attributable to owners of the parent—exceeded the previous year's levels, with ordinary income and net income increasing substantially, including the contribution from foreign exchange gains. - FY2023-Q1AdvancedAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period increased substantially to ¥6,010 million, up 46.7% year on year. Operating income also increased with revenue, to ¥467 million, up 804.1% year on year. In addition, the Company recorded ¥641 million in foreign exchange gains as the yen depreciated toward the end of the first quarter, resulting in ordinary income of ¥1,145 million and quarterly net income attributable to owners of the parent of ¥935 million.」
Operating income reached ¥467 million as revenue increased substantially, while ordinary income and net income attributable to owners of the parent also significantly exceeded the previous year's levels. - FY2022-Q3AdvancedAnnual report
「In terms of earnings, the Company restrained development expenses by concentrating investment on high-priority projects and reduced fixed costs through restructuring and greater efficiency in its staffing structure. As a result, operating income was ¥857 million (compared with an operating loss of ¥1,760 million in the same quarter of the previous year). Ordinary income was ¥1,313 million (compared with an ordinary loss of ¥1,897 million), due in part to foreign exchange gains resulting from the yen's depreciation, and quarterly net income attributable to owners of the parent was ¥1,012 million (compared with a net loss of ¥6,436 million).」
All three measures—operating income, ordinary income and quarterly net income attributable to owners of the parent—turned from losses in the previous year to profits. - FY2022-Q2AdvancedAnnual report
「In terms of earnings, the Company worked to restrain promotional and development expenses and reduce fixed costs through restructuring and greater efficiency in its staffing structure. As a result, operating income was ¥274 million (compared with an operating loss of ¥1,502 million in the same quarter of the previous year). Ordinary income was ¥324 million (compared with an ordinary loss of ¥1,561 million), due in part to foreign exchange gains resulting from the yen's depreciation, and quarterly net income attributable to owners of the parent was ¥174 million (compared with a net loss of ¥1,551 million).」
All three measures—operating income, ordinary income and quarterly net income attributable to owners of the parent—turned from losses in the previous year to profits. The factors cited were restraint of promotional and development expenses, fixed-cost reductions and foreign exchange gains. - FY2022-Q1ReframedAnnual report
「Operating income was ¥51 million (compared with an operating loss of ¥447 million in the same quarter of the previous year), ordinary income was ¥70 million (compared with an ordinary loss of ¥464 million), and quarterly net income attributable to owners of the parent was ¥11 million (compared with a net loss of ¥493 million).」
Although revenue declined, operating income, ordinary income and quarterly net income attributable to owners of the parent all turned from losses in the previous year to profits, changing the previous pattern of divergence among the profit measures. - FY2021-Q3WorsenedAnnual report
「In terms of earnings, the operating loss was ¥1,760 million (compared with operating income of ¥22 million in the same quarter of the previous year). The ordinary loss was ¥1,897 million (compared with an ordinary loss of ¥47 million), due in part to foreign exchange losses resulting from the yen's appreciation. In addition, the Company recorded an impairment loss of ¥5,637 million on fixed assets at headquarters and intangible fixed assets of its European and U.S. subsidiaries, among other items, resulting in a quarterly net loss attributable to owners of the parent of ¥6,436 million (compared with a net loss of ¥283 million).」
The operating loss was ¥1,760 million, the ordinary loss was ¥1,897 million and the quarterly net loss attributable to owners of the parent was ¥6,436 million, with the ¥5,637 million impairment loss further significantly increasing the losses. - FY2021-Q2WorsenedAnnual report
「In terms of earnings, the operating loss was ¥1,502 million (compared with operating income of ¥62 million in the same quarter of the previous year), the ordinary loss was ¥1,561 million (compared with an ordinary loss of ¥103 million), and the quarterly net loss attributable to owners of the parent was ¥1,551 million (compared with a net loss of ¥290 million). The Company therefore recorded losses at all three levels.」
Operating income, ordinary income and net income attributable to owners of the parent all turned negative, with operating income turning from income of ¥1,502 million in the previous year to a loss of ¥1,502 million. - FY2021-Q1WorsenedAnnual report
「In terms of earnings, operating loss was ¥447 million, compared with profit of ¥258 million in the same quarter a year earlier; ordinary loss was ¥464 million, compared with profit of ¥131 million; and net loss attributable to owners of the parent was ¥493 million, compared with profit of ¥33 million.」
Operating profit, ordinary profit and income attributable to owners of the parent all turned from profit in the same period a year earlier to losses. - FY2020-Q3WorsenedAnnual report
「Operating profit was ¥22 million, down 98.8% year on year, due partly to relocation costs, additional U.S. tariffs, and increased R&D expenses for investment in new products and businesses. Ordinary loss was ¥47 million, compared with profit of ¥2,158 million in the same quarter a year earlier, due partly to the recognition of foreign exchange losses. Net loss attributable to owners of the parent was ¥283 million, compared with profit of ¥1,237 million in the same quarter a year earlier.」
In addition to lower revenue, relocation costs, additional U.S. tariffs, higher R&D expenses and foreign exchange losses reduced operating profit 98.8% year on year, while ordinary profit and net income turned to losses. - FY2020-Q2WorsenedAnnual report
「In addition to the impact of lower revenue, increased R&D investment for new product development resulted in operating profit of ¥62 million, down 93.7% year on year. Due partly to the recognition of a foreign exchange valuation loss on foreign-currency-denominated assets caused by yen appreciation, ordinary loss was ¥103 million, compared with profit of ¥1,450 million in the same quarter a year earlier. Due partly to the recognition of valuation losses on investment securities and other extraordinary losses, the net loss attributable to owners of the parent was ¥290 million, compared with profit of ¥1,047 million in the same quarter a year earlier.」
Operating profit declined substantially, while ordinary profit and income attributable to owners of the parent turned from profit in the same period a year earlier to losses. - FY2020-Q1WorsenedAnnual report
「In terms of earnings, operating profit was ¥258 million, down 65.3% year on year; ordinary profit was ¥131 million, down 86.9%; and net income attributable to owners of the parent was ¥33 million, down 95.9%.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent all fell below the same period a year earlier, with the decline in earnings widening. - FY2019ReframedAnnual report
「Revenue for the consolidated fiscal year was ¥31,270 million, up 4.7% from the previous consolidated fiscal year. In terms of earnings, operating profit was ¥1,973 million, up 43.8%, while ordinary profit was ¥2,265 million, up 96.7%, due partly to a foreign exchange valuation gain on foreign-currency-denominated assets. Net income attributable to owners of the parent was ¥1,288 million, up 39.4%, due partly to the recognition of an impairment loss on trademarks held by the Group.」
The pattern changed from declines in operating profit, ordinary profit and net income in the previous fiscal year, with all 3 earnings indicators exceeding the previous fiscal year, despite the effects of the trademark impairment loss and foreign exchange gains. - FY2019-Q3ReframedAnnual report
「As a result of these initiatives, revenue for the third-quarter cumulative consolidated period was ¥23,608 million, up 4.3% year on year. In terms of earnings, operating profit was ¥1,863 million, up 21.7% year on year, while ordinary profit was ¥2,158 million, up 27.4%, due partly to a foreign exchange valuation gain on foreign-currency-denominated assets. However, net income attributable to owners of the parent declined 34.9% to ¥1,237 million, due partly to the recognition of an impairment loss on trademarks held by the Group and the recognition of extraordinary income from settlement proceeds in the same quarter a year earlier.」
While revenue, operating profit and ordinary profit exceeded the same period a year earlier, net income attributable to owners of the parent fell below the prior-year period due to the impairment loss on trademarks and the reversal of settlement proceeds received in the same period a year earlier. - FY2019-Q2RestatedAnnual report
「Operating profit was ¥996 million, up 3.4% year on year; ordinary profit was ¥1,450 million, up 36.3%, due partly to a foreign exchange valuation gain on foreign-currency-denominated assets; and net income attributable to owners of the parent was ¥1,047 million, up 130.8%.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent all continued to exceed the same period a year earlier. Foreign exchange gains contributed to the increases in ordinary profit and net income. - FY2019-Q1ReframedAnnual report
「In terms of earnings, operating profit was ¥743 million, up 116.1% year on year; ordinary profit was ¥1,000 million, up 181.5%; and net income attributable to owners of the parent was ¥823 million, up 263.4%.」
The pattern changed from the divergence in operating profit versus ordinary profit and net income seen in the same quarter a year earlier, with operating profit, ordinary profit and net income all exceeding the prior-year quarter. - FY2018WorsenedAnnual report
「Unable to absorb the increase in expenses, operating profit declined 21.7% to ¥1,372 million and ordinary profit declined 24.9% to ¥1,152 million from the previous consolidated fiscal year. Net income attributable to owners of the parent was ¥924 million, down 8.7%, partly due to costs recorded for business restructuring in the amusement equipment business.」
While the pattern through the third quarter included earnings growth and foreign exchange gains, all 3 of operating profit, ordinary profit and net income fell below the previous fiscal year on a full-year basis. - FY2018-Q3RestatedAnnual report
「However, due partly to lower sales in the core gaming market, revenue for the third-quarter cumulative consolidated period was ¥22,635 million, down 1.7% year on year, and operating profit was ¥1,531 million, down 5.7%. Meanwhile, ordinary profit increased 7.8% to ¥1,693 million, due partly to a foreign exchange valuation gain on foreign-currency-denominated assets, and net income attributable to owners of the parent increased 68.5% to ¥1,901 million, due partly to the recognition of proceeds from a litigation settlement as extraordinary income.」
The figures show operating profit below the prior-year period due to lower revenue, while ordinary profit increased through foreign exchange gains and net income increased substantially with the addition of extraordinary income from litigation settlement proceeds. - FY2018-Q2RestatedAnnual report
「However, due mainly to the impact of lower sales in the core gaming market, revenue for the second-quarter cumulative consolidated period was ¥14,995 million, down 2.0% year on year, and operating profit declined 16.1% to ¥963 million. Meanwhile, ordinary profit increased 88.0% to ¥1,064 million, due partly to a foreign exchange valuation gain on foreign-currency-denominated assets, and net income attributable to owners of the parent increased 12.4% to ¥453 million.」
While operating profit fell below the same period a year earlier due to lower revenue, ordinary profit and net income continued to exceed the prior-year period due to foreign exchange gains. - FY2018-Q1ReframedAnnual report
「However, partly due to a reactionary decline following increased demand for certain products in the previous fiscal year, revenue for the first-quarter cumulative consolidated period was ¥7,140 million, down 3.5% year on year. Operating profit also declined 8.2% to ¥344 million, due mainly to higher selling, general and administrative expenses associated with the acquisition of a business. Ordinary profit was ¥355 million, compared with an ordinary loss of ¥134 million in the same quarter a year earlier, when a substantial foreign exchange valuation loss was recorded on foreign-currency-denominated assets. Net income attributable to owners of the parent was ¥226 million, compared with a net loss attributable to owners of the parent of ¥305 million in the same quarter a year earlier.」
In the first quarter, operating profit declined 8.2% year on year, while ordinary profit and net income returned to profitability due to the reversal of the previous year's foreign exchange losses, resulting in a different pattern between operating earnings and earnings including non-operating factors. - FY2017RestatedAnnual report
「Operating profit was ¥1,752 million, up 17.0% from the previous consolidated fiscal year; ordinary profit was ¥1,533 million, up 34.2%; and, after recording extraordinary income and expenses, net income attributable to owners of the parent was ¥1,012 million, up 182.7%.」
For the second consecutive period after the third quarter, all 3 indicators—operating profit, ordinary profit and net income attributable to owners of the parent—exceeded the same period a year earlier. - FY2017-Q3ReframedAnnual report
「In terms of earnings, operating profit was ¥1,623 million, up 26.9% year on year; ordinary profit was ¥1,571 million, up 20.1%; and, after recording extraordinary income and expenses, net income attributable to owners of the parent was ¥1,128 million, up 29.8%.」
The pattern changed from the previous combination of operating profit growth alongside declines in ordinary profit and net income, with all 3 earnings indicators increasing year on year through the cumulative third quarter. - FY2017-Q2RestatedAnnual report
「However, as the yen continued to strengthen through the end of the second quarter of the current consolidated fiscal year, we recorded a ¥663 million foreign exchange valuation loss on foreign-currency-denominated assets as a non-operating expense. As a result, ordinary income was ¥566 million, down 19.7% year on year, while profit attributable to owners of the parent after recording extraordinary gains and losses was ¥403 million, down 13.1% year on year.」
The pattern continued in which operating profit increased through reductions in selling, general and administrative expenses, while ordinary profit and net income attributable to owners of the parent declined due to foreign exchange losses caused by yen appreciation. - FY2017-Q1RestatedAnnual report
「In addition to higher revenue, reductions in selling, general and administrative expenses resulted in operating profit of ¥374 million, up 43.6% from the same quarter a year earlier. However, as the yen appreciated rapidly toward the end of the first-quarter consolidated accounting period, the Company recorded a ¥522 million foreign exchange valuation loss on foreign-currency-denominated assets as a non-operating expense. As a result, ordinary loss was ¥134 million, compared with ordinary profit of ¥429 million in the same quarter a year earlier, and the net loss attributable to owners of the parent was ¥305 million, compared with net income attributable to owners of the parent of ¥263 million in the same quarter a year earlier.」
The first quarter also showed operating profit growth alongside ordinary and net losses due to foreign exchange losses. - FY2016First statedAnnual report
「Operating profit was ¥1,497 million, up 16.5% from the previous consolidated fiscal year; ordinary profit was ¥1,142 million, down 47.3%; and net income attributable to owners of the parent was ¥357 million, down 75.9%.」
While operating profit increased, ordinary profit and net income declined substantially due to foreign exchange losses and other factors.