First-Quarter Revenue Growth and Profit Decline
First written in FY2017-Q1. 13 of 35 entries say "Reframed", first in FY2017-Q2. Latest entry: 2026-10-28.
Taiho Kogyo moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 12 of 53 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Consolidated net sales were ¥119,378 million, an increase of ¥6,588 million, or 5.8%, year on year. In terms of profit, consolidated operating profit was ¥2,589 million, up 323.8% year on year; consolidated ordinary profit was ¥3,007 million, up 230.1%; and net loss attributable to owners of the parent was ¥5,967 million, compared with a net loss of ¥4,187 million in the previous fiscal year.」
While net sales, operating profit and ordinary profit improved substantially, net loss attributable to owners of the parent widened from the previous fiscal year due to impairment losses and other factors. - FY2026-H1ReframedAnnual report
「For the six months ended the second quarter, net sales were ¥58,548 million, an increase of ¥3,861 million, or 7.1%, year on year, mainly due to higher sales of automotive parts, including die-cast products. Operating profit was ¥1,400 million, compared with an operating loss of ¥369 million in the previous corresponding period. Ordinary profit was ¥1,491 million, compared with an ordinary loss of ¥318 million in the previous corresponding period. Interim net income attributable to owners of the parent was ¥857 million, compared with an interim net loss attributable to owners of the parent of ¥3,363 million in the previous corresponding period.」
From the previous corresponding period's lower revenue, operating loss, ordinary loss and interim net loss attributable to owners of the parent, the composition changed in the current interim period, with revenue increasing and the company recording operating profit, ordinary profit and interim net income. - FY2025-H1WorsenedAnnual report
「For the six months ended the second quarter, net sales were ¥54,687 million, a decrease of ¥871 million, or 1.6%, year on year, mainly due to lower sales of automotive parts, including die-cast products. The company recorded an operating loss of ¥369 million, compared with operating profit of ¥879 million in the previous corresponding period. It recorded an ordinary loss of ¥318 million, compared with ordinary profit of ¥1,570 million in the previous corresponding period. It recorded an interim net loss attributable to owners of the parent of ¥3,363 million, compared with interim net income attributable to owners of the parent of ¥1,073 million in the previous corresponding period.」
From the previous corresponding period's higher revenue, operating profit, ordinary profit and interim net income attributable to owners of the parent, the composition deteriorated in the current interim period, with revenue declining and the company recording an operating loss, ordinary loss and interim net loss attributable to owners of the parent. - FY2024AdvancedAnnual report
「Consolidated net sales were ¥112,044 million, an increase of ¥6,882 million, or 6.5% year on year. In terms of profit, consolidated operating profit was ¥2,489 million, up 258.7% year on year; consolidated ordinary profit was ¥3,236 million, up 167.2%; and net income attributable to owners of the parent was ¥1,747 million, up 337.4%.」
For the full fiscal year, revenue increased, and operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous fiscal year's results, with the increases in profit expanding substantially. - FY2024-Q3RestatedAnnual report
「For the nine months ended the third quarter, net sales were ¥84,684 million, an increase of ¥7,162 million, or 9.2%, year on year, mainly due to higher sales of automotive parts. Operating profit was ¥1,973 million, an increase of ¥1,687 million, or 589.9%, year on year. Ordinary profit was ¥2,543 million, an increase of ¥1,750 million, or 220.9%, year on year. Net income attributable to owners of the parent was ¥1,788 million, an increase of ¥1,437 million, or 409.7%, year on year.」
Following the nine-month period of the previous fiscal year, net sales, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous year's corresponding period. The trend of higher revenue and profits has continued, and the increases in profit have also been quantified. - FY2024-Q2ReframedAnnual report
「For the six months ended the second quarter, net sales were ¥55,558 million, an increase of ¥4,379 million, or 8.6%, year on year, mainly due to higher sales of automotive parts, including bearing products. Operating profit was ¥879 million, an increase of ¥774 million, or 733.3%, year on year. Ordinary profit was ¥1,570 million, an increase of ¥810 million, or 106.7%, year on year. Net income attributable to owners of the parent was ¥1,073 million, an increase of ¥572 million, or 114.3%, year on year.」
From the composition in FY2024-Q1, when revenue increased but operating profit and ordinary profit declined, the six-month period through the second quarter saw revenue increase, with operating profit, ordinary profit and net income attributable to owners of the parent all exceeding the previous year's corresponding period. - FY2024-Q1ReframedAnnual report
「For the first quarter of the current consolidated fiscal year, revenue was ¥26,867 million, up ¥2,167 million, or 8.8%, from the same period of the previous year, due mainly to higher sales of automobile parts, including bearing products. Operating profit was ¥22 million, down ¥29 million, or 56.0%. Ordinary profit was ¥502 million, down ¥28 million, or 5.4%. Net income attributable to owners of the parent was ¥338 million, up ¥33 million, or 11.0%.」
Compared with the previous fiscal year's same quarter, when revenue increased and operating profit was ¥52 million, the composition has changed in the first quarter: revenue increased, while operating profit and ordinary profit declined and net income attributable to owners of the parent increased. - FY2023-Q3RestatedAnnual report
「For the first nine months of the current consolidated fiscal year, revenue was ¥77,522 million, up ¥4,057 million, or 5.5%, from the same period of the previous year. Operating profit was ¥286 million, down ¥1,043 million, or 78.5%. Ordinary profit was ¥792 million, down ¥887 million, or 52.8%. Net income attributable to owners of the parent was ¥350 million, down ¥1,253 million, or 78.1%.」
Following FY2023-Q2, revenue increased, while operating profit, ordinary profit and net income attributable to owners of the parent fell below the previous year's levels. The pattern of substantially lower profit despite higher revenue continued. - FY2023-Q2ReframedAnnual report
「For the first six months of the current consolidated fiscal year, revenue was ¥51,179 million, up ¥1,009 million, or 2.0%, from the same period of the previous year. Operating profit was ¥105 million, down ¥1,195 million, or 91.9%. Ordinary profit was ¥759 million, down ¥774 million, or 50.5%. Net income attributable to owners of the parent was ¥500 million, down ¥1,038 million, or 67.5%.」
The results changed from lower revenue and lower profit in FY2023-Q1 to higher revenue but substantially lower operating profit, ordinary profit and net income attributable to owners of the parent for the first six months. - FY2023-Q1WorsenedAnnual report
「For the first quarter of the current consolidated fiscal year, revenue was ¥24,700 million, down ¥814 million, or 3.2%, from the same period of the previous year, due mainly to lower sales of automobile parts, including bearing products. Operating profit was ¥52 million, down ¥1,018 million, or 95.1%. Ordinary profit was ¥531 million, down ¥605 million, or 53.3%. Net income attributable to owners of the parent was ¥305 million, down ¥658 million, or 68.3%.」
Compared with higher revenue and operating profit of ¥1,070 million in the previous first quarter, revenue declined in the current first quarter and operating profit fell to ¥52 million. Ordinary profit and net income attributable to owners of the parent also declined substantially. - FY2022-Q3RestatedAnnual report
「For the first nine months of the current consolidated fiscal year, revenue was ¥73,464 million, up ¥7,180 million, or 10.8%, from the same period of the previous year, due mainly to higher sales of automobile parts, including bearing products. Operating profit was ¥1,329 million, up ¥2,295 million, compared with an operating loss of ¥965 million in the previous first nine-month period. Ordinary profit was ¥1,680 million, up ¥2,633 million, compared with an ordinary loss of ¥953 million. Net income attributable to owners of the parent was ¥1,604 million, up ¥3,025 million, compared with a net loss attributable to owners of the parent of ¥1,421 million.」
Following FY2022-Q2, revenue increased, and operating profit, ordinary profit and net income attributable to owners of the parent continued to remain profitable after turning from losses in the previous period. - FY2022-Q2RestatedAnnual report
「For the first six months of the current fiscal year, revenue was ¥50,170 million, up ¥9,689 million, or 23.9%, from the same period of the previous year, due mainly to higher sales of bearing products. Operating profit was ¥1,300 million, compared with an operating loss of ¥2,291 million in the first six months of the previous fiscal year. Ordinary profit was ¥1,534 million, compared with an ordinary loss of ¥2,258 million. Net income attributable to owners of the parent was ¥1,539 million, compared with a net loss attributable to owners of the parent of ¥2,507 million.」
Following FY2022-Q1, revenue increased, and operating profit, ordinary profit and net income attributable to owners of the parent turned from losses in the previous period into profits. - FY2022-Q1ReframedAnnual report
「For the first quarter of the current consolidated fiscal year, revenue was ¥25,514 million, up ¥5,976 million, or 30.6%, from the same period of the previous year, due mainly to higher sales of automobile parts, including bearing products. Operating profit was ¥1,070 million, compared with an operating loss of ¥1,724 million in the first quarter of the previous consolidated fiscal year. Ordinary profit was ¥1,136 million, compared with an ordinary loss of ¥1,691 million. Net income attributable to owners of the parent was ¥963 million, compared with a net loss attributable to owners of the parent of ¥1,792 million.」
The operating loss, ordinary loss and net loss attributable to owners of the parent in the previous first quarter each turned into a profit in the current first quarter. Revenue also increased 30.6%, due mainly to higher sales of automobile parts and other factors. - FY2021-Q3WorsenedAnnual report
「For the first nine months of the current consolidated fiscal year, revenue was ¥66,284 million, down ¥11,613 million, or 14.9%, from the same period of the previous year, due mainly to lower sales of bearing products and other automobile parts. The company recorded an operating loss of ¥965 million, a decrease of ¥3,203 million, or 143.1%; an ordinary loss of ¥953 million, a decrease of ¥3,088 million, or 144.7%; and a net loss attributable to owners of the parent of ¥1,421 million, a decrease of ¥2,704 million, or 210.8%.」
Operating profit of ¥1,603 million in the first nine months of FY2021 turned into an operating loss of ¥965 million in the first nine months of FY2021-Q3. Revenue also fell 14.9% year on year, worsening from lower revenue and lower profit to losses. - FY2021-Q2RestatedAnnual report
「For the first six months of the current consolidated fiscal year, revenue was ¥40,480 million, down ¥11,915 million, or 22.7%, from the same period of the previous year, due mainly to lower sales of bearing products. The company recorded an operating loss of ¥2,291 million, a decrease of ¥3,895 million; an ordinary loss of ¥2,258 million, a decrease of ¥3,692 million; and a net loss attributable to owners of the parent of ¥2,507 million, a decrease of ¥3,427 million.」
Following FY2021-Q1, revenue declined and the company recorded an operating loss, an ordinary loss and a net loss attributable to owners of the parent. The downward trend in revenue and profit continued for the first six months. - FY2021-Q1WorsenedAnnual report
「For the first quarter of the current consolidated fiscal year, revenue was ¥19,538 million, down ¥7,045 million, or 26.5%, from the same period of the previous year, due mainly to lower sales of automobile parts, including bearing products. The company recorded an operating loss of ¥1,724 million, a decrease of ¥2,479 million, or 328.6%; an ordinary loss of ¥1,691 million, a decrease of ¥2,336 million, or 362.2%; and a net loss attributable to owners of the parent of ¥1,792 million, a decrease of ¥2,335 million, or 430.1%.」
The downward trend in revenue and profit from the previous fiscal year worsened further. In the current first quarter, revenue fell 26.5%, and the company recorded an operating loss, an ordinary loss and a net loss attributable to owners of the parent. - FY2020-Q3RestatedAnnual report
「For the first nine months of the current consolidated fiscal year, revenue was ¥77,897 million, down ¥7,659 million, or 9.0%, from the same period of the previous year, due mainly to lower sales of bearing products and automobile manufacturing equipment. Operating profit was ¥2,237 million, down ¥1,659 million, or 42.6%. Ordinary profit was ¥2,134 million, down ¥1,688 million, or 44.2%. Net income attributable to owners of the parent was ¥1,283 million, down ¥795 million, or 38.3%.」
The downward trend in revenue and profit that continued through the previous quarter also continued for the first nine months, with revenue, operating profit, ordinary profit and net income attributable to owners of the parent all below the previous year's levels. - FY2020-Q2RestatedAnnual report
「For the first six months of the current consolidated fiscal year, revenue was ¥52,395 million, down ¥4,041 million, or 7.2%, from the same period of the previous year, due mainly to lower sales of automobile manufacturing equipment. Operating profit was ¥1,603 million, down ¥610 million, or 27.6%. Ordinary profit was ¥1,433 million, down ¥752 million, or 34.4%. Net income attributable to owners of the parent was ¥919 million, down ¥409 million, or 30.8%.」
Following FY2020-Q1, revenue and profit both declined for the first six months. Lower sales of automobile manufacturing equipment and other factors were cited as causes of the revenue decline, and revenue, operating profit, ordinary profit and net income attributable to owners of the parent all fell below the previous year's levels. - FY2020-Q1RestatedAnnual report
「For the first quarter of the current consolidated fiscal year, revenue was ¥26,583 million, down ¥1,550 million, or 5.5%, from the same period of the previous year, due mainly to lower sales of bearing products. Operating profit was ¥754 million, down ¥328 million, or 30.3%. Ordinary profit was ¥645 million, down ¥472 million, or 42.3%. Net income attributable to owners of the parent was ¥542 million, down ¥278 million, or 33.9%.」
The downward trend in revenue and profit that continued through the previous full fiscal year and first quarter was reconfirmed. Lower sales of bearing products and other factors were cited as causes of the revenue decline. - FY2019WorsenedAnnual report
「Consolidated revenue was ¥11.34 billion, a decrease of ¥1.2 billion, or 1.1%, from the previous consolidated fiscal year. Consolidated operating profit was ¥4.8 billion, down 29.2%; consolidated ordinary profit was ¥4.7 billion, down 30.6%; and net income attributable to owners of the parent was ¥3.0 billion, down 27.4%.」
Unlike the higher revenue and higher profit in the previous fiscal year, revenue declined in the current fiscal year, as did operating profit, ordinary profit and net income attributable to owners of the parent. - FY2019-Q3RestatedAnnual report
「For the first nine months of the current consolidated fiscal year, revenue was ¥85,556 million, up ¥30 million, or 0.0%, from the same period of the previous year, as expanded sales of system products and other factors offset lower sales of automobile manufacturing equipment. Operating profit was ¥3,917 million, down ¥1,461 million, or 27.2%. Ordinary profit was ¥3,844 million, down ¥1,616 million, or 29.6%. Net income attributable to owners of the parent was ¥2,565 million, down ¥1,332 million, or 34.2%.」
While revenue was nearly unchanged year on year, operating profit, ordinary profit and net income attributable to owners of the parent were below the previous year's levels, reiterating the downward profit trend that began in FY2019-Q2. - FY2019-Q2RestatedAnnual report
「For the first six months of the current consolidated fiscal year, revenue was ¥56,436 million, down ¥721 million, or 1.3%, from the same period of the previous year, due mainly to lower sales of automobile manufacturing equipment. Operating profit was ¥2,296 million, down ¥1,392 million, or 37.8%. Ordinary profit was ¥2,268 million, down ¥1,447 million, or 39.0%. Net income attributable to owners of the parent was ¥1,599 million, down ¥1,094 million, or 40.6%.」
Following FY2019-Q1, revenue and profit both declined for the first six months, mainly due to lower sales of automobile manufacturing equipment, with revenue, operating profit, ordinary profit and net income attributable to owners of the parent all below the previous year's levels. - FY2019-Q1ReframedAnnual report
「For the first quarter of the current consolidated fiscal year, revenue was ¥28,133 million, down ¥392 million, or 1.4%, from the same period of the previous year, due mainly to lower sales of automobile manufacturing equipment. Operating profit was ¥1,117 million, down ¥764 million, or 40.6%. Ordinary profit was ¥1,152 million, down ¥721 million, or 38.5%. Net income attributable to owners of the parent was ¥869 million, down ¥562 million, or 39.3%.」
The results changed from higher revenue and higher profit in the first quarter of the previous year to lower revenue and lower profit in the current first quarter, mainly due to lower sales of automobile manufacturing equipment. - FY2018ReframedAnnual report
「Consolidated revenue was ¥11.46 billion, an increase of ¥570 million, or 5.2%, from the previous consolidated fiscal year. Consolidated operating profit was ¥6.8 billion, up 7.0%; consolidated ordinary profit was ¥6.7 billion, up 8.3%; and net income attributable to owners of the parent was ¥4.2 billion, down 4.5%.」
For the full year, revenue, operating profit and ordinary profit increased, while profit attributable to owners of the parent decreased. - FY2018-Q3RestatedAnnual report
「For the first nine months of the current fiscal year, revenue was ¥85,526 million, up ¥4,367 million, or 5.4%, from the same period of the previous year, due to expanded sales of bearing and system products. Operating profit was ¥5,378 million, up ¥450 million, or 9.1%. Ordinary profit was ¥5,460 million, up ¥788 million, or 16.9%. Net income attributable to owners of the parent was ¥3,897 million, up ¥680 million, or 21.1%.」
Revenue and profit both increased for the first nine months, continuing the trend seen in the first six months, and revenue, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous year's levels. - FY2018-Q2RestatedAnnual report
「Revenue was ¥57,158 million, up ¥3,231 million, or 6.0%, from the same quarter of the previous year. Operating profit was ¥3,689 million, up ¥319 million, or 9.5%. Ordinary profit was ¥3,715 million, up ¥687 million, or 22.7%. Net income attributable to owners of the parent was ¥2,693 million, up ¥562 million, or 26.4%.」
As in the previous quarter, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous year's levels. - FY2018-Q1ReframedAnnual report
「Revenue was ¥28,526 million, up ¥2,120 million, or 8.0%, from the same quarter of the previous year, due to higher sales of bearing products in the Chinese market and increased orders for automobile manufacturing equipment. Operating profit was ¥1,881 million, up ¥524 million, or 38.6%. Ordinary profit was ¥1,873 million, up ¥686 million, or 57.8%. Net income attributable to owners of the parent was ¥1,431 million, up ¥592 million, or 70.6%.」
Unlike the higher revenue but lower profit in the same quarter of the previous year, both revenue and profit increased this quarter, with revenue, operating profit, ordinary profit and net income attributable to owners of the parent all exceeding the previous year's levels. - FY2017ReframedAnnual report
「As a result, consolidated revenue was ¥10.89 billion, an increase of ¥1.6 billion, or 1.6%, from the previous consolidated fiscal year. Consolidated operating profit was ¥6.3 billion, down 4.1%; consolidated ordinary profit was ¥6.2 billion, down 0.5%; and net income attributable to owners of the parent was ¥4.4 billion, up 18.1%.」
The full-year results changed from the trend of higher revenue and higher profit for the cumulative quarterly periods to higher revenue but lower operating profit and ordinary profit, with net income attributable to owners of the parent increasing. - FY2017-Q3RestatedAnnual report
「Revenue for the first nine months of the current consolidated fiscal year was ¥81,159 million, up ¥1,947 million, or 2.5%, from the same period of the previous year. Operating profit was ¥4,928 million, up ¥255 million, or 5.5%. Ordinary profit was ¥4,671 million, up ¥250 million, or 5.7%. Net income attributable to owners of the parent was ¥3,217 million, up ¥418 million, or 15.0%.」
Revenue and profit both increased for the first nine months, continuing the trend seen in the first six months. - FY2017-Q2ReframedAnnual report
「Revenue for the first six months of the current consolidated fiscal year was ¥53,926 million, up ¥1,240 million, or 2.4%, from the same period of the previous year. Operating profit was ¥3,369 million, up ¥485 million, or 16.8%. Ordinary profit was ¥3,028 million, up ¥181 million, or 6.4%. Net income attributable to owners of the parent was ¥2,130 million, up ¥470 million, or 28.3%.」
The description has changed from higher revenue but lower profit in the first quarter to higher revenue and higher profit for the six months. - FY2017-Q1First statedAnnual report
「Revenue for the first quarter of the current consolidated cumulative period was ¥26,406 million, an increase of ¥78 million, or 0.3% year on year.」
Operating profit was ¥1,357 million, down 12.0% year on year; ordinary profit was ¥1,187 million, down 21.6%; and net income attributable to owners of the parent was ¥839 million, down 17.8%.