2019 Sales Growth and Return to Profitability in Operating, Ordinary and Net Income
First written in FY2018. 6 of 25 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2027-H1.
W-Scope moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2020: 1 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2027-H1Operating and net losses narrowed furtherAnnual report
「As a result, the interim net loss before income taxes was ¥3,091 million, compared with an interim net loss before income taxes of ¥5,412 million in the same period of the previous year, and the interim net loss attributable to owners of the parent was ¥3,104 million, compared with ¥5,429 million in the same period of the previous year.」
Although the loss before income taxes and the loss attributable to owners of the parent narrowed from the same period of the previous year, the company did not return to profitability, including an operating loss of ¥1,388 million. - FY2026WorsenedAnnual report
「As a result, operating profit for the fiscal year decreased by ¥3,911 million from the previous fiscal year, resulting in an operating loss of ¥4,919 million, compared with an operating loss of ¥1,008 million in the previous fiscal year.」
The operating loss widened from ¥1,008 million in the previous fiscal year to ¥4,919 million, representing a deterioration from the previously stated return to profitability and earnings improvement. - 2026-04-10First statedManagement plan
「We aim to achieve consolidated profitability in the fiscal year ending January 2029 by expanding and growing new projects.」
For the fiscal year ending January 2029, the company disclosed for the first time a medium-term plan calling for consolidated revenue of ¥11,900 million, operating profit of ¥2,300 million, and ordinary profit of ¥3,900 million. - FY2026-H1WorsenedAnnual report
「As a result, operating income for the six months ended the second quarter decreased by ¥3,939 million year on year, resulting in an operating loss of ¥2,868 million, compared with operating income of ¥1,070 million in the same period of the previous year.」
Following the return to profitability, operating results deteriorated from operating profit of ¥1,070 million in the same period of the previous year to an operating loss of ¥2,868 million, while the interim net loss attributable to owners of the parent was ¥5,429 million. - FY2025WorsenedAnnual report
「As a result, operating profit for the current fiscal year decreased by ¥4,873 million year on year and became an operating loss of ¥1,008 million, compared with operating profit of ¥3,865 million in the previous fiscal year.」
After returning to operating profitability, the company swung to an operating loss of ¥1,008 million from operating profit of ¥3,865 million in the previous fiscal year. - FY2025-H1WorsenedAnnual report
「As a result, operating income for the six months ended the second quarter decreased by ¥1,660 million year on year to ¥1,070 million, compared with ¥2,731 million in the same period of the previous year. The operating margin was 3.7%, compared with 11.6% in the same period of the previous year, 23.5% below the first-half earnings forecast.」
Operating profit was 23.5% below the first-half earnings forecast, while the operating margin declined from 11.6% in the same period of the previous year to 3.7%. - FY2024-Q2Update on progress against first-half earnings forecastAnnual report
「As a result, operating income for the three months ended the first quarter decreased by ¥701 million year on year to ¥554 million, compared with ¥1,256 million in the same period of the previous year. The operating margin was 3.8%, compared with 10.9% in the same period of the previous year, and performance was generally progressing smoothly against the first-half earnings forecast.」
Although operating profit was below the same period of the previous year, the company described the first-quarter results of operating profit of ¥554 million and an operating margin of 3.8% as generally on track against its first-half earnings forecast. - FY2024AdvancedAnnual report
「For the fiscal year ending January 2025, consolidated net sales are forecast to increase 4.1% year on year to ¥50,000 million, as sales are expected to increase steadily based on long-term supply agreements with major customers through 2027. Cost of sales is expected to decline as the burden of costs related to renovations of existing facilities and their approval is reduced, although start-up costs for two new lines at WCP are expected to increase. Taking these factors into account, operating profit is forecast at ¥4,000 million, based on an operating margin of 8.0%, in line with the previous year.」
For the fiscal year ending January 2025, the company forecast net sales of ¥50,000 million, operating profit of ¥4,000 million and an operating margin of 8.0%. - FY2023-Q2RestatedAnnual report
「As a result, profit before income taxes for the quarter was ¥3,236 million, compared with ¥3,517 million in the same period of the previous year, and net income attributable to owners of the parent was ¥410 million, compared with ¥2,064 million.」
Profit before income taxes and net income attributable to owners of the parent remained positive, maintaining positive final profit. However, profit levels declined year on year. - FY2023-Q1AdvancedAnnual report
「As a result, profit before income taxes for the current fiscal year was ¥2,056 million, compared with ¥542 million in the previous fiscal year, and net income attributable to owners of the parent was ¥331 million, compared with ¥257 million.」
First-quarter profit before income taxes was ¥2,056 million and net income attributable to owners of the parent was ¥331 million, maintaining positive final profit. - FY2022AchievedAnnual report
「As a result, operating profit for the current fiscal year increased by ¥5,931 million year on year to ¥7,829 million, compared with ¥1,898 million in the same period of the previous year, and the operating margin was 17.4%, compared with 6.3%.」
Operating profit was ¥7,829 million, ordinary profit was ¥8,294 million and net income attributable to owners of the parent was ¥4,413 million, resulting in full-year profitability at the operating, ordinary and net income levels. - FY2022-Q2AdvancedAnnual report
「As a result, profit before income taxes for the quarter was ¥3,517 million, compared with a loss before income taxes of ¥598 million in the same period of the previous year, and net income attributable to owners of the parent was ¥2,064 million, compared with a net loss attributable to owners of the parent of ¥412 million.」
The six months ended the second quarter turned from a loss before income taxes and a loss attributable to owners of the parent in the same period of the previous year to profit before income taxes of ¥3,517 million and net income attributable to owners of the parent of ¥2,064 million. - FY2022-Q1AdvancedAnnual report
「As a result, profit before income taxes for the quarter was ¥542 million, compared with a loss before income taxes of ¥48 million in the same period of the previous year, and net income attributable to owners of the parent was ¥257 million, compared with a net loss attributable to owners of the parent of ¥74 million.」
The company turned from a loss before income taxes and a loss attributable to owners of the parent in the same period of the previous year to profit before income taxes of ¥542 million and net income attributable to owners of the parent of ¥257 million in the current quarter. - FY2021RaisedAnnual report
「As a result of these measures, ordinary profit is forecast to improve by ¥7,400 million to ¥4,000 million, compared with an ordinary loss of ¥3,411 million in the previous fiscal year. Net income attributable to owners of the parent is forecast to improve by ¥4,400 million to ¥1,400 million, compared with a net loss attributable to owners of the parent of ¥2,943 million.」
The company set 2022 as the deadline for returning final profit to positive and forecast ordinary profit of ¥4,000 million and net income attributable to owners of the parent of ¥1,400 million. - FY2021-Q3RestatedAnnual report
「To resolve these events or conditions, the Company plans to raise funds through borrowings and other means. WSK will shift production of products manufactured at WSK to the newly built large-scale coating line at WCP, switching the products manufactured, optimizing production, promoting cost reductions, and working toward a return to profitability.」
Although operating profit has turned positive, ordinary loss and net loss continue, and the company continues to pursue improvement measures aimed at achieving final profitability. - FY2021-Q2RestatedAnnual report
「From the nine months ended the third quarter onward, the Group will seek to expand revenue, particularly from customers with long-term supply agreements, while promptly optimizing production following the start-up of the new line to promote cost reductions and achieve a return to profitability on a net income basis for the fiscal year.」
The company continues its policy of returning final profit to positive in the current fiscal year through increased sales to long-term supply customers, production optimization and cost reductions. - FY2021-Q1AdvancedAnnual report
「The company achieved operating profitability in the first quarter of the current fiscal year, following the previous fourth quarter. From the six months ending the second quarter onward, it will continue to expand sales, particularly to customers with which it has entered into long-term supply agreements, promote cost reductions and work to generate sustainable profits.」
Following the previous quarter, the company achieved operating profitability in the first quarter and identified continued profit generation through sales expansion, centered on long-term supply customers, and cost reductions as priorities from the second quarter onward. - FY2020RaisedAnnual report
「With high utilization expected to be maintained throughout the year, including the expanded lines, operating profit is expected to improve substantially to ¥3,500 million, compared with an operating loss of ¥2,837 million in the previous fiscal year. Ordinary profit is expected to be ¥1,000 million, compared with an ordinary loss of ¥7,821 million in the previous fiscal year, and net income attributable to owners of the parent is expected to be ¥1,000 million, compared with a net loss attributable to owners of the parent of ¥11,174 million in the previous fiscal year.」
Although the 2020 profitability target was not achieved, the company set new profitability forecasts for 2021 of operating profit of ¥3,500 million, ordinary profit of ¥1,000 million and net income attributable to owners of the parent of ¥1,000 million. - FY2020-Q3SoftenedAnnual report
「On the cost side, we continue to pursue cost reductions through higher utilization of manufacturing lines and improved yields, with the aim of returning to profitability from the fourth quarter onward.」
The timing of the return to profitability was pushed back from “the third quarter onward” in the previous quarter to “the fourth quarter onward.” - FY2020-Q2AdvancedAnnual report
「On the cost side, we continue to pursue cost reductions through higher utilization of manufacturing lines and improved yields, with the aim of returning to profitability from the third quarter onward.」
The company specified that the return to profitability is expected from the third quarter onward and identified higher manufacturing line utilization and improved yields as specific measures for reducing costs. - FY2020-Q1SoftenedAnnual report
「To resolve this situation, our group is working to return to profitability in the current fiscal year through increased shipments of high-end automotive batteries and other products under long-term supply volume agreements previously concluded with customers, as well as cost reductions through higher manufacturing line utilization.」
The numerical forecasts for 2020 net sales and profit presented in the previous fiscal year are not restated; the disclosure is limited to the target of returning to profitability in the current fiscal year and the measures to achieve it. - FY2019RaisedAnnual report
「Although net sales for the fiscal year ending December 2020 are expected to be somewhat weak in the first quarter due to fewer operating days during the Chinese New Year holiday, when many plants operated by major customers in the consumer battery market are closed, and uncertainty over the impact of the spread of coronavirus on the market, full-year sales volumes are expected to increase with automotive demand. Net sales are forecast at ¥20,000 million, up 51.9% year on year; operating profit at ¥2,000 million, compared with an operating loss of ¥3,286 million in the previous fiscal year; ordinary profit at ¥800 million, compared with an ordinary loss of ¥3,950 million; and net income attributable to owners of the parent at ¥800 million, compared with a net loss attributable to owners of the parent of ¥3,517 million.」
Although the forecast return to profitability in 2019 was not achieved, the company set more specific profitability forecasts for 2020, including net sales of ¥20,000 million and operating profit of ¥2,000 million. - FY2019-Q3RestatedAnnual report
「We are working with strong determination to return to profitability next fiscal year through increased shipments for new EV applications under long-term supply volume agreements previously concluded with customers, higher manufacturing line utilization and other cost reductions.」
As in the previous quarter, the company does not restate numerical targets and instead aims to return to profitability next fiscal year through increased shipments under long-term supply agreements, higher utilization and cost reductions. - FY2019-Q2SoftenedAnnual report
「To resolve this situation, our group has formulated a new medium-term management plan and is working with strong determination to return to profitability next fiscal year, with support from financial institutions.」
Rather than restating the numerical forecasts previously presented for operating profit, ordinary profit and net income for the current fiscal year, the company now refers to the timing of the return to profitability as “next fiscal year.” - FY2018First statedAnnual report
「As a result of these factors, net sales for the fiscal year ended December 2019 are forecast at ¥17,500 million, up 200% year on year; operating profit at ¥800 million, compared with an operating loss of ¥3,348 million in the previous fiscal year; ordinary profit at ¥400 million, compared with an ordinary loss of ¥3,305 million; and net income attributable to owners of the parent at ¥300 million, compared with a net loss attributable to owners of the parent of ¥2,861 million.」
For the fiscal year ended December 2019, the company set performance forecasts of net sales of ¥17,500 million, operating profit of ¥800 million, ordinary profit of ¥400 million and net income attributable to owners of the parent of ¥300 million for the first time. The forecasts assume capital investment and the establishment of a stable supply system for new transportation equipment applications.