Komori
Nachi-Fujikoshi Corp. (6474) · FactThe third-quarter cumulative results changed to higher revenue but lower earnings

Nine-month cumulative revenue and profit down year on year

First written in FY2016-Q3. . Latest entry: FY2023-Q3.

10entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2016-Q3 – FY2023-Q32016: 12017: 120172018: 220182019: 120192020: 120202021: 120212022: 120222023: 22023
Same theme, other companies
Performance Trend from Declining Sales and Profits to Higher Sales and Lower ProfitsA theme 25 companies write about · 25 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 8 of 23 companies on the "Worse" side.

15 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 25 companies compared. The sentences above are computed from all 25.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3The third-quarter cumulative results changed to higher revenue but lower earningsAnnual report

    「As a result, third-quarter cumulative revenue was ¥200.170 billion, up 6.0% year on year. Although some construction machinery businesses were affected by production adjustments, this reflected the recovery of automotive production, firm demand in the industrial machinery and aftermarket businesses, the recovery in capital equipment demand, particularly expanded robot sales centered on North America and China, and the recovery and expansion of machine tools and bearings.」

    In the third-quarter cumulative period, revenue increased 6.0% year on year, while operating income declined 21.0%, ordinary income declined 29.6% and net income attributable to owners of the parent declined 32.1%, changing to higher revenue but lower earnings.
  2. FY2023-Q2Results changed to higher revenue but lower earnings in the second-quarter cumulative period rather than the third-quarter cumulative periodAnnual report

    「For the second-quarter cumulative consolidated period, revenue was ¥135.264 billion, up 10.8% year on year, despite the impact of production adjustments in some automotive and construction machinery businesses. This reflected firm demand in the industrial machinery and aftermarket businesses and a recovery in capital equipment demand, particularly expanded robot sales centered on North America and China and the recovery and expansion of machine tools and bearings. In terms of earnings, despite improved operating rates from increased sales and production, efforts to pass higher raw material costs through to selling prices, automate and rationalize production lines, reduce procurement costs, and the yen's depreciation, operating income was ¥7.612 billion, down 6.0%, due to the continuing impact of soaring raw material and energy prices from the previous fiscal year and higher fixed costs.」

    In the second-quarter cumulative period, revenue increased 10.8%, while operating income declined 6.0%, ordinary income declined 19.6% and net income attributable to owners of the parent declined 18.9%.
  3. FY2022-Q3Third-quarter cumulative higher revenue and earnings continuedAnnual report

    「Consolidated net sales for the third-quarter cumulative consolidated period were ¥188.785 billion, up 10.9% year on year. Of this, domestic net sales were ¥90.711 billion, up 4.2%, and overseas net sales were ¥98.074 billion, up 17.9%. In addition to improved operating rates from increased sales and production, the company worked to pass higher raw material costs through to selling prices, improve productivity through automation and rationalization of production lines, and reduce procurement costs. As the yen also remained weak, operating income was ¥12.984 billion, up 22.3%; ordinary income was ¥13.711 billion, up 34.1%; and net income attributable to owners of the parent was ¥9.276 billion, up 30.2%.」

    Following the previous year, the third-quarter cumulative period produced higher revenue and earnings, with revenue up 10.9%, operating income up 22.3%, ordinary income up 34.1% and net income attributable to owners of the parent up 30.2%.
  4. FY2021-Q3Third-quarter cumulative results turned from lower revenue and earnings to higher revenue and earningsAnnual report

    「Consolidated net sales for the third-quarter cumulative consolidated period were ¥170.242 billion, up 14.4% year on year. Of this, domestic net sales were ¥87.082 billion, up 11.2%, and overseas net sales were ¥83.159 billion, up 18.0%. Operating income was ¥10.619 billion, 2.5 times the year-earlier level; ordinary income was ¥10.223 billion, 3.4 times; and net income attributable to owners of the parent was ¥7.126 billion, 6.6 times.」

    While the third-quarter cumulative period of the previous year saw lower revenue and earnings, this time revenue increased 14.4%, operating income was 2.5 times higher, ordinary income was 3.4 times higher and net income attributable to owners of the parent was 6.6 times higher.
  5. FY2020-Q3The decline in third-quarter cumulative revenue and earnings widenedAnnual report

    「For the third-quarter cumulative consolidated period, consolidated net sales were ¥148.782 billion, down 20.6% year on year. Of this, domestic net sales were ¥78.288 billion, down 22.9%, and overseas net sales were ¥70.494 billion, down 17.8%. Earnings also declined, partly because of lower operating rates accompanying the decrease in revenue. Operating income was ¥4.170 billion, down 60.7%; ordinary income was ¥3.041 billion, down 68.1%; and net income attributable to owners of the parent was ¥1.072 billion, down 83.0%.」

    For the third-quarter cumulative period, revenue, operating income, ordinary income and net income attributable to owners of the parent all declined year on year. Compared with the third-quarter cumulative period of the previous fiscal year, the declines in revenue and earnings were larger.
  6. FY2019-Q3Third-quarter cumulative results changed from higher revenue and earnings to lower revenue and earningsAnnual report

    「As a result, consolidated net sales for the third-quarter cumulative consolidated period were ¥187.297 billion, down 0.3% year on year. Of this, domestic net sales were ¥101.532 billion, up 5.7%, and overseas net sales were ¥85.764 billion, down 6.5%. Although the company worked to raise selling prices and reduce costs, the strong appreciation of the yen, in addition to higher raw material and energy prices and personnel expenses, pressured profitability. Operating income was ¥10.616 billion, down 13.0%; ordinary income was ¥9.527 billion, down 12.9%; and net income attributable to owners of the parent was ¥6.309 billion, down 12.5%.」

    In the third-quarter cumulative period of the previous year, revenue increased and operating income and ordinary income also rose, whereas this time revenue, operating income, ordinary income and net income attributable to owners of the parent all declined year on year.
  7. FY2018-Q3Third-quarter cumulative revenue, operating income and ordinary income increased, while net income attributable to owners of the parent changed to a slight declineAnnual report

    「As a result, consolidated net sales for the third-quarter cumulative consolidated period were ¥187.835 billion, up 8.0% year on year. Of this, domestic net sales were ¥96.072 billion, up 9.9%, and overseas net sales were ¥91.762 billion, up 6.1%. Operating income was ¥12.208 billion, up 3.2%; ordinary income was ¥10.941 billion, up 2.6%; and net income attributable to owners of the parent was ¥7.210 billion, down 0.2%.」

    For the third-quarter cumulative period, revenue, operating income and ordinary income increased year on year, while net income attributable to owners of the parent declined 0.2%.
  8. FY2017Full-year results also turned to year-on-year growthAnnual report

    「As a result, revenue for the fiscal year was ¥237.461 billion, an increase of 12.3% from the previous fiscal year. Operating profit was ¥16.130 billion, up 44.8% year on year, ordinary profit was ¥14.690 billion, up 89.2%, and net profit attributable to owners of the parent was ¥9.747 billion, 2.5 times the previous year's level.」

    Following the third-quarter cumulative period, full-year revenue, operating income, ordinary income and net income attributable to owners of the parent also increased year on year.
  9. FY2017-Q3Third-quarter cumulative revenue and earnings turned to year-on-year growthAnnual report

    「As a result, consolidated net sales for the third-quarter cumulative consolidated period were ¥173.952 billion, up 9.9% year on year. Operating income was ¥11.826 billion, up 35.5%; ordinary income was ¥10.664 billion, up 99.5%; and net income attributable to owners of the parent was ¥7.222 billion, up 140.5%.」

    Third-quarter cumulative revenue, operating income, ordinary income and net income attributable to owners of the parent, all of which had declined year on year in the previous period, increased year on year this time.
  10. FY2016-Q3First statedAnnual report

    「For the third-quarter cumulative consolidated period, consolidated net sales were ¥158.228 billion, down 2.5% year on year. Of this, domestic net sales were ¥84.782 billion, down 3.3%, and overseas net sales were ¥73.445 billion, down 1.7%. Operating income was ¥8.727 billion, down 40.5%; ordinary income was ¥5.346 billion, down 60.4%; and net income attributable to owners of the parent was ¥3.003 billion, down 65.8%.」

    For the third-quarter cumulative period, revenue, operating income, ordinary income and net income attributable to owners of the parent were all below the year-earlier period.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Nachi-Fujikoshi Corp. yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.