Improvement in Japan Operating Profit Due to Lower Depreciation Expense
First written in FY2017-Q3. 7 of 23 entries say "Advanced", first in FY2022-Q1. Latest entry: 2026-05-28.
3 other companies' latest entry also says "Advanced".
- FY2025WorsenedAnnual report
「Operating profit was ¥101.4 million, down 51.3% from the previous fiscal year, due to lower sales, higher personnel expenses resulting from increased salary levels, and increased personnel, specialist outsourcing and research and development expenses as upfront investment in new businesses.」
In addition to lower sales, Japan operating profit declined 51.3% from the previous fiscal year due to wage increases and upfront investment in new businesses. - FY2025-H1WorsenedAnnual report
「Operating profit declined to ¥57.7 million, down 34.4% year on year, due to higher personnel expenses resulting from wage increases and increased expenses for specialist outsourcing and research and development as upfront investment in new businesses.」
Although sales in the Japan business remained at roughly the same level as in the same period of the previous year, operating profit declined 34.4% due to wage increases, higher personnel expenses and upfront investment in new businesses. - FY2024AdvancedAnnual report
「In addition to higher sales, progress in passing on costs, continued stable operations and the effects of fixed-cost controls resulted in a significant increase in operating profit to ¥208.3 million, up 140.7% from the previous fiscal year.」
Japan operating profit increased 140.7% from the previous fiscal year due to the pass-through of costs, stable operations and fixed-cost controls. - FY2024-Q3AdvancedAnnual report
「In addition to higher sales, progress in passing on costs, continued stable operations and the effects of fixed-cost controls resulted in a significant increase in operating profit to ¥193.5 million, up 171.5% year on year.」
Japan operating profit increased 171.5% year on year due to the pass-through of costs, stable operations and continued fixed-cost controls. - FY2024-Q2AdvancedAnnual report
「In addition to higher sales, continued stable operations and the effects of fixed-cost controls resulted in a significant increase in operating profit to ¥87.9 million, up 286.2% year on year.」
Japan operating profit increased 286.2% year on year to ¥879 million due to the continued effects of fixed-cost controls and stable operations. - FY2023-Q3WorsenedAnnual report
「Meanwhile, operating profit declined to ¥71.3 million, down 40.0% year on year, as the pass-through of soaring material costs was delayed and fixed costs increased from the same period of the previous year as activities resumed in line with the normalization of economic activity.」
In the Japan business, operating profit declined 40.0% year on year as higher fixed costs from resumed activities and delays in passing on soaring material costs offset the previous trend of profit improvement driven by fixed-cost controls. - FY2023-Q2WorsenedAnnual report
「Operating profit declined to ¥22.8 million, down 78.4% year on year, as the company was unable to pass on soaring material costs in full and increased fixed costs from the same period of the previous year by restarting activities as economic activity normalized.」
Although the Japan business reported higher sales, operating profit declined 78.4% year on year due to delays in passing on soaring material costs and higher fixed costs, weakening the previous trend of profit improvement. - FY2022AdvancedAnnual report
「Japan: Sales declined to ¥2,489.7 million, down 8.9% from the previous fiscal year, ... Although profit was affected by soaring production costs, including material and electricity expenses, the continued effects of fixed-cost controls from the previous fiscal year offset the impact of lower sales, resulting in operating profit of ¥123.0 million, up 238.2% year on year.」
Despite lower sales in the Japan business, operating profit increased 238.2% year on year due to the continued effects of fixed-cost controls, indicating progress in improving profit on a full-year basis. - FY2022-Q3AdvancedAnnual report
「Sales were ¥1,845.3 million, down 6.9% year on year. In terms of profit, the continued effects of fixed-cost controls from the previous fiscal year offset the impact of lower sales, resulting in operating profit of ¥118.9 million, compared with an operating loss of ¥13.2 million in the same period of the previous year.」
Although the Japan business reported lower sales, operating profit turned from a loss of ¥13.2 million in the same period of the previous year to a profit of ¥118.9 million due to the continued effects of fixed-cost controls. - FY2022-Q1AdvancedAnnual report
「Japan: Sales increased to ¥629.2 million, up 45.4% year on year, as the business recovered from the impact of COVID-19 in the same period of the previous year, despite the impact of lower customer production caused by semiconductor shortages. In addition to higher sales, the continued effects of fixed-cost controls from the previous fiscal year resulted in operating profit of ¥68.7 million, compared with an operating loss of ¥127.1 million in the same period of the previous year.」
Japan operating profit turned from an operating loss in the same period of the previous year to a profit of ¥68.7 million, with continued fixed-cost controls and higher sales cited as factors behind the improvement. - FY2020-Q3ReframedAnnual report
「We worked to strengthen profitability by improving production efficiency, reducing quality losses and logistics costs, and cutting fixed costs, among other measures.」
The explanation for the improvement in Japan operating profit broadened from lower transportation and personnel expenses through the previous quarter to strengthening profitability through a combination of improved production efficiency and reductions in quality losses, logistics costs and fixed costs. - FY2020-Q1ReframedAnnual report
「Revenue increased to ¥9,005 million, up 5.9% year on year, while operating profit increased to ¥582 million, up 56.4% year on year, due to higher revenue as well as lower transportation and personnel expenses.」
The explanation for the improvement in Japan operating profit changed from lower retirement benefit expenses, cited in the previous fiscal year, to increased sales and lower transportation and personnel expenses in the current quarter. - FY2019RestatedAnnual report
「Operating profit increased to ¥129.9 million, up 439.6% year on year, due to lower retirement benefit expenses following the dissolution of the employees' pension fund and the transition to a defined contribution corporate pension plan.」
The improvement in Japan operating profit continues to be attributed, including for the full fiscal year, to lower retirement benefit expenses following the dissolution of the employees' pension fund and the transition to a defined contribution pension plan. - FY2019-Q3RestatedAnnual report
「Operating profit increased to ¥1.020 billion, up 476.8% year on year, due to lower retirement benefit costs associated with the dissolution of the Employees' Pension Fund and the transition to a defined contribution corporate pension plan.」
The improvement in Japan operating profit continues to be attributed to lower retirement benefit expenses following the dissolution of the employees' pension fund and the transition to a defined contribution pension plan, as in the previous quarter. - FY2019-Q2RestatedAnnual report
「Operating profit increased to ¥391 million, up 51.3% year on year, due to lower retirement benefit costs associated with the dissolution of the Employees' Pension Fund and the transition to a defined contribution corporate pension plan.」
The improvement in Japan operating profit continues to be attributed to lower retirement benefit expenses following the dissolution of the employees' pension fund and the transition to a defined contribution pension plan, as in the previous quarter. - FY2019-Q1ReframedAnnual report
「Operating profit increased to ¥372 million, up 52.1% year on year, due to lower retirement benefit costs associated with the dissolution of the Employees' Pension Fund and the transition to a defined contribution corporate pension plan.」
The explanation for the improvement in Japan operating profit changed from lower depreciation and amortization and increased sales to other segments, cited in the previous fiscal year, to lower retirement benefit expenses following the dissolution of the employees' pension fund and the transition to a defined contribution pension plan. - FY2018-Q3WorsenedAnnual report
「Revenue was ¥26,039 million, down 0.5% year on year and roughly in line with the previous year. Operating profit declined to ¥177 million, down 87.1% year on year, mainly due to higher costs including emergency transportation, quality-related expenses and material prices.」
Higher material prices were explicitly cited, in addition to the previously cited emergency transportation and quality-related expenses, as a factor behind the deterioration in Japan operating profit, and the rate of decline in operating profit widened to 87.1%. - FY2018-Q2ReframedAnnual report
「Revenue was ¥16,829 million, up 0.1% year on year and maintaining the previous period's level. Operating profit declined to ¥259 million, down 61.1% year on year, mainly due to higher costs including emergency transportation and quality-related expenses.」
The explanation for Japan operating profit changed from an improvement driven by lower depreciation and amortization and increased sales to other segments to a decline in profit caused by higher costs, including emergency transportation and quality-related expenses. - FY2018-Q1ReframedAnnual report
「Due mainly to higher customer production volumes, revenue was ¥8,331 million, up 2.6% year on year. Operating profit was ¥245 million, down 23.5% year on year, mainly due to increases in fixed costs, including personnel and equipment expenses.」
The explanation for Japan operating profit changed from lower depreciation and amortization and increased sales to other segments, cited in the previous fiscal year, to higher fixed costs, including personnel and equipment expenses, in the current quarter. - FY2017ReframedAnnual report
「Sales in the Japan business were ¥3,495.4 million, up 0.6% year on year and roughly at the same level as in the same period of the previous year. Operating profit was ¥134.8 million, up 53.9% year on year, due to increased sales to other segments and other factors.」
The explanation for the improvement in Japan operating profit changed from lower depreciation and amortization, cited in the previous quarter, to increased sales to other segments and other factors. - FY2017-Q3First statedAnnual report
「Revenue in the Japan business was ¥26,157 million, down 0.8% year on year and roughly in line with the previous year. Operating profit was ¥1,370 million, up 9.9% year on year, due mainly to lower depreciation and amortization expenses.」
Although sales in the Japan business remained roughly at the same level as in the same period of the previous year, lower depreciation and amortization, among other factors, was cited for the first time as a driver of the increase in operating profit.