Domestic business posted lower revenue and profit
First written in FY2016. 2 of 36 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Domestic Business: Higher Revenue and Higher ProfitAnnual report
「In Japan, revenue was ¥30,710 million, up 4.3% year on year, and segment profit was ¥3,056 million, up 2.3%.」
The domestic business changed from lower revenue and higher profit in the prior fiscal year to higher revenue and profit in the current fiscal year, with revenue up 4.3% and segment profit up 2.3%. - FY2026-H1Domestic Business: Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue was ¥15,015 million, up 6.4% year on year, while segment profit was ¥1,376 million, down 3.1%.」
Domestic revenue increased 6.4% year on year, while segment profit declined 3.1%, changing from lower revenue and higher profit in the prior-year interim period to higher revenue and lower profit. - FY2025Domestic business: lower revenue, higher profitAnnual report
「In Japan, revenue was ¥29,448 million, down 0.3% year on year, while segment profit was ¥2,988 million, up 8.8%.」
The domestic business changed from higher revenue and profit in the prior fiscal year to a 0.3% decline in revenue and an 8.8% increase in profit in the current fiscal year. - FY2025-H1Domestic business: lower revenue, higher profitAnnual report
「In Japan, revenue was ¥14,113 million, down 2.7% year on year, while segment profit was ¥1,420 million, up 23.0%.」
Domestic revenue declined 2.7% year on year, while segment profit increased 23.0%, changing from the previous pattern of higher revenue and profit to lower revenue and higher profit. - FY2024The domestic business continued to post increases in revenue and profitAnnual report
「In Japan, revenue was ¥29,544 million, up 0.6% year on year, and segment profit was ¥2,746 million, up 8.0%.」
Domestic revenue and segment profit both exceeded the prior year, partly as a result of product price revisions. - FY2024-Q3The domestic business continued to post increases in revenue and profitAnnual report
「In Japan, the effect of the multiple product price increases implemented since the year before last resulted in revenue of ¥22,155 million, up 2.8% year on year, and segment profit of ¥1,867 million, up 25.4%.」
The domestic business posted increases in revenue and profit as a result of multiple product price increases, with both revenue and segment profit exceeding the prior-year period. - FY2024-Q2The domestic business continued to post increases in revenue and profitAnnual report
「In Japan, the effect of the product price increases implemented in October last year resulted in revenue of ¥14,505 million, up 2.5% year on year, and segment profit of ¥1,155 million, up 16.1%.」
The domestic business posted increases in revenue and profit as a result of the product price increases implemented in October last year. - FY2024-Q1Domestic Business: Higher Revenue and Higher ProfitAnnual report
「In Japan, revenue was ¥7,544 million, up 8.6% year on year, and segment profit was ¥650 million, up 32.5%. The increases in revenue and profit resulted from the effect of the product price increases implemented in October last year.」
Domestic revenue and segment profit both exceeded the prior-year period as a result of the product price increases implemented in October last year. - FY2023Domestic Business: Continued Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue was ¥29,381 million, up 6.2% year on year, while segment profit was ¥2,541 million, down 14.7%.」
The domestic business posted higher revenue as a result of price increases, while profit declined because it was unable to fully absorb higher procurement costs resulting from increases in raw-material prices and overall prices. - FY2023-Q3Domestic Business: Continued Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue was ¥21,555 million, up 5.1% year on year, while operating profit was ¥1,489 million, down 38.4%. Operating profit declined because the company was unable to fully absorb higher procurement costs resulting from persistently high raw-material prices and rising overall prices.」
Domestic revenue increased 5.1% year on year, while operating profit declined 38.4% due to higher procurement costs resulting from rising raw-material prices and overall prices. - FY2023-Q2Domestic Business: Continued Higher Revenue and Lower ProfitAnnual report
「In Japan, orders from housing equipment manufacturers remained firm, resulting in revenue of ¥14,156 million, up 7.8% year on year, while operating profit was ¥995 million, down 44.3%. Operating profit declined because the company was unable to fully absorb higher procurement costs resulting from increases in raw-material prices and overall prices.」
The domestic business posted higher revenue due to orders from housing equipment manufacturers, while operating profit declined 44.3% year on year because procurement costs rose as a result of higher raw-material prices and overall prices. - FY2023-Q1Domestic Business: Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue was ¥6,949 million, up 2.2% year on year, while operating profit was ¥490 million, down 54.5%. Orders from housing equipment manufacturers increased 9.6% year on year and remained firm. Operating profit declined because the company was unable to fully absorb higher manufacturing costs resulting from persistently high raw-material prices and the sharp depreciation of the yen.」
The domestic business posted higher revenue due to increased orders from housing equipment manufacturers, but operating profit declined 54.5% year on year because of higher costs resulting from elevated raw-material prices and a weaker yen. - FY2022Domestic Business: Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue was ¥27,675 million, up 7.9% year on year, while segment profit was ¥2,978 million, down 19.4%.」
Domestic revenue increased 7.9% year on year, while segment profit declined 19.4% due to higher costs resulting from elevated raw-material prices and a weaker yen. - FY2022-Q3Domestic Business: Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue was ¥20,503 million, up 9.4% year on year, while operating profit was ¥2,419 million, down 8.5%.」
The domestic business posted higher revenue due to increased sales through the plumbing and pipe-equipment distributor and housing equipment manufacturer channels, while profit declined as manufacturing costs rose amid higher raw-material prices and a weaker yen. - FY2022-Q2The domestic business continued to post increases in revenue and profitAnnual report
「In Japan, revenue was ¥13,136 million, up 9.8% year on year, and operating profit was ¥1,788 million, up 4.8%.」
The domestic business posted increases in revenue and profit, driven by higher sales through the plumbing and pipe-equipment distributor channel due to demand for home renovations and a recovery in the housing equipment manufacturer channel. - FY2022-Q1Domestic Business: Higher Revenue and Higher ProfitAnnual report
「In Japan, revenue was ¥6,803 million, up 12.7% year on year, and operating profit was ¥1,079 million, up 28.4%.」
The domestic business posted increases in revenue and profit, driven by demand for home renovations, higher sales through the plumbing and pipe-equipment distributor channel, and new product adoptions by housing equipment manufacturers. - FY2021The domestic business continued to post increases in revenue and profitAnnual report
「In Japan, revenue was ¥25,655 million, up 3.6% year on year, and segment profit was ¥3,697 million, up 37.1%.」
Against a backdrop of orders for high-value-added products and lower SG&A expenses, domestic revenue increased 3.6% and segment profit increased 37.1%. - FY2021-Q3The domestic business continued to post increases in revenue and profitAnnual report
「In Japan, revenue from the housing equipment manufacturer channel declined 5.6% year on year as orders fell due to the impact of COVID-19. In the plumbing and pipe-equipment distributor channel, however, orders for high-value-added products remained firm, supported by demand for home renovations and stay-at-home consumption, and increased 9.1% year on year, bringing total revenue to ¥18,748 million, up 1.6%. Segment profit was ¥2,644 million, up 45.2% year on year, owing to the contribution of high-value-added products as described above and lower selling expenses resulting from reduced sales activities and restrictions on nonessential travel.」
Although the housing equipment manufacturer channel declined, orders for high-value-added products driven by demand for home renovations and stay-at-home consumption grew through the plumbing and pipe-equipment distributor channel, resulting in higher revenue and profit for the domestic business. - FY2021-Q2Domestic business: lower revenue, higher profitAnnual report
「In Japan, revenue from the plumbing and pipe-equipment distributor channel increased 4.7% year on year as orders for high-value-added products remained firm. However, revenue from the housing equipment manufacturer channel declined 9.2% year on year due to market stagnation associated with the spread of COVID-19, as described above, resulting in total revenue of ¥11,968 million, down 1.9%. Operating profit was ¥1,706 million, up 52.2% year on year, owing to the contribution of high-value-added products, stable foreign exchange and raw-material prices, and lower SG&A expenses resulting from reduced sales activities and restrictions on nonessential travel as measures to prevent the spread of COVID-19.」
The domestic business posted lower revenue due to a decline in the housing equipment manufacturer channel, while operating profit increased 52.2% year on year as a result of contributions from high-value-added products, stable prices and lower SG&A expenses. - FY2021-Q1Domestic business: lower revenue, higher profitAnnual report
「In Japan, revenue was ¥6,035 million, down 1.8% year on year, while operating profit was ¥840 million, up 66.9%.」
Revenue declined due to lower sales to housing equipment manufacturers, while operating profit increased substantially as a result of higher sales through plumbing and pipe-equipment distributors, a higher mix of high-value-added products, lower SG&A expenses and automation. - FY2020Domestic Business: Higher Revenue and Higher ProfitAnnual report
「In Japan, revenue was ¥24,759 million, up 1.1% year on year, and segment profit was ¥2,696 million, up 26.3%.」
The domestic business posted full-year increases in revenue and profit, driven by new products for housing equipment manufacturers and increased sales to distributors. - FY2020-Q3RestatedAnnual report
「In Japan, sales through plumbing and equipment distributors declined 0.9% year on year, but sales through housing-equipment manufacturers increased 2.4% year on year, as sales of single-lever kitchen faucets and faucets with built-in water filters continued to be strong. Revenue was ¥18,447 million, up 1.0% year on year. In addition to the factors contributing to higher revenue, stable raw-material prices contributed to operating profit of ¥1,821 million, up 17.1% year on year.」
Although sales through plumbing and equipment distributors declined, strong sales of new products through housing-equipment manufacturers resulted in continued higher revenue and higher profit for the domestic business. - FY2020-Q2Domestic Business: Higher Revenue and Higher ProfitAnnual report
「In Japan, sales through plumbing and equipment distributors declined 1.6% year on year, but sales through housing-equipment manufacturers increased 4.9% year on year, as sales of mid- to high-end kitchen faucets and faucets with built-in water filters that were newly adopted in the previous fiscal year remained strong. Revenue was ¥12,200 million, up 1.8% year on year. In addition to the factors contributing to higher revenue, the decline in raw-material prices contributed to operating profit of ¥1,121 million, up 17.5% year on year.」
Although sales through plumbing and equipment distributors declined, strong sales of mid- to high-end faucets and other products through housing-equipment manufacturers resulted in higher revenue and higher profit for the domestic business. - FY2020-Q1Domestic Business: Lower Revenue and Lower ProfitAnnual report
「In Japan, revenue fell 0.9% year on year to ¥6,145 million, and operating profit fell 8.3% to ¥503 million. Sales of single-lever faucets for kitchens remained strong, and sales to manufacturers of housing equipment increased 2.8% year on year. However, sales through plumbing and equipment distributors fell 4.0%, resulting in an overall decline in revenue. Operating profit declined because the Company recorded ¥30 million in provision expense for directors' stock benefit allowances as a general and administrative expense in connection with the introduction of a stock-delivery trust scheme for directors.」
Sales of single-lever kitchen faucets and sales to housing-equipment manufacturers were strong, but domestic revenue declined due to lower sales through plumbing and equipment distributors. The Company also explained that the ¥30 million provision expense for directors' stock benefit allowances was a factor behind the decline in operating profit. - FY2019-Q3Domestic Business: Continued Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue increased 1.8% year on year to ¥1,827.2 million, while segment profit fell 23.1% to ¥156 million. Strong sales of Thermo Shower faucets for bathrooms drove revenue, but segment profit declined because the Company revised intergroup transaction prices and found it difficult to pass higher raw-material prices on to customers amid intensifying competition.」
Sales of Thermo Shower faucets for bathrooms increased revenue, while segment profit fell 23.1% because intensifying competition and higher raw-material prices made it difficult to pass costs on to customers. - FY2019-Q2Domestic Business: Continued Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue increased 2.2% year on year to ¥1,197.9 million, while segment profit fell 21.7% to ¥95.4 million.」
Domestic revenue increased 2.2% year on year, while segment profit fell 21.7% due in part to higher raw-material prices, resulting in continued higher revenue and lower profit. - FY2019-Q1Domestic Business: Continued Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue increased 4.9% year on year to ¥620.2 million, while operating profit fell 8.3% to ¥54.9 million.」
Domestic revenue increased, supported by sales activities and sales of Thermo Shower faucets, while operating profit fell below the level of the same period of the previous year due to higher raw-material prices. - FY2018Domestic Business: Higher Revenue and Lower Profit for the Full Fiscal YearAnnual report
「In Japan, supported by low mortgage rates and ongoing government measures to support home purchases, new housing starts increased and revenue rose 2.5% from the previous fiscal year to ¥2,442.6 million. Although the entire Group worked to reduce total costs amid a sharp rise in raw-material prices, it was unable to absorb the increase in manufacturing costs, and operating profit fell 8.2% to ¥278.9 million.」
The domestic business posted higher revenue, supported by measures to support home purchases and other factors, but profit declined for the full fiscal year due to the impact of higher raw-material prices. - FY2018-Q3Domestic Business: Continued Higher Revenue and Lower ProfitAnnual report
「In Japan, market conditions were challenging due to price competition among companies, but revenue increased 1.8% year on year to ¥1,794.2 million. Although the Company continued working to reduce fixed and variable costs, it was unable to fully absorb the increase in manufacturing costs caused by higher raw-material prices, and operating profit fell 8.0% to ¥202.9 million.」
Domestic revenue increased 1.8% year on year, while operating profit fell 8.0% due to the impact of higher raw-material prices, resulting in continued higher revenue and lower profit. - FY2018-Q2Domestic Business: Continued Higher Revenue and Lower ProfitAnnual report
「In Japan, market conditions were challenging due to price competition among companies, but revenue increased 1.7% year on year to ¥1,172.6 million. Although the Company continued working to reduce fixed and variable costs, it was unable to fully absorb the increase in manufacturing costs caused by higher raw-material prices, and operating profit fell 4.3% to ¥121.9 million.」
Domestic revenue increased 1.7% year on year, while operating profit fell 4.3% due to the impact of higher raw-material prices. - FY2018-Q1Domestic Business: Higher Revenue and Lower ProfitAnnual report
「In Japan, revenue increased 0.6% year on year to ¥591.4 million, partly due to the effects of the government's economic stimulus measures. However, operating profit fell 5.4% to ¥59.9 million because the Company was unable to absorb the increase in manufacturing costs caused by higher raw-material prices.」
Domestic revenue increased 0.6% year on year, while operating profit fell 5.4% due to the impact of higher raw-material prices. - FY2017AdvancedAnnual report
「In Japan, supported by low mortgage rates and ongoing government measures to support home purchases, new housing starts increased and revenue rose 1.5% from the previous fiscal year to ¥2,383.3 million. In addition, the new sand-mold casting equipment at the Tomikane Plant began mass production in October of the previous year, establishing an integrated production system at the plant. As a result of efforts to reduce fixed and variable costs, operating profit increased 43.6% to ¥303.9 million.」
For the full fiscal year, the domestic business posted higher revenue and higher profit, with revenue up 1.5% and operating profit up 43.6%. - FY2017-Q3RestatedAnnual report
「In Japan, supported by lower mortgage rates resulting from the negative interest-rate policy and various government measures to support home purchases, revenue increased 2.1% year on year to ¥1,762.9 million. In addition, efforts to eliminate waste and strengthen cost competitiveness resulted in operating profit of ¥220.6 million, up 63.7% year on year.」
Supported by measures to support home purchases and other factors, the domestic business continued to post higher revenue and higher profit, with both revenue and operating profit exceeding the levels of the same period of the previous year. - FY2017-Q2Domestic Business: Continued Higher Revenue and Higher ProfitAnnual report
「In Japan, market conditions were challenging due to price competition among companies, but revenue increased 1.6% year on year to ¥1,152.7 million. In addition, efforts to reduce total costs by eliminating waste and cutting expenses resulted in operating profit of ¥127.3 million, up 72.0% year on year.」
For the second consecutive quarter, domestic revenue and operating profit exceeded the levels of the same period of the previous year. - FY2017-Q1Shift to higher sales and profitAnnual report
「In Japan, revenue increased 2.6% year on year to ¥587.9 million, partly due to the effects of the government's economic stimulus measures. In addition, efforts to reduce total costs by eliminating waste and cutting expenses resulted in operating profit of ¥63.3 million, up 75.8% year on year.」
After domestic business posted lower revenue and lower profit in the previous fiscal year, revenue and profit increased in the first quarter of the current fiscal year. - FY2016First statedAnnual report
「In Japan, amid weak demand for home purchases in relation to new housing starts, market conditions were challenging due to price competition among companies, and revenue was ¥2,349.2 million, down 1.5% from the previous fiscal year. Although the Company worked to reduce fixed and variable costs, operating profit fell to ¥211.6 million, down 9.2% from the previous fiscal year, due to the decline in revenue.」
The Company states that revenue and operating profit in the domestic segment were below the previous fiscal year's levels due to housing-market conditions and the impact of price competition.