Profit decline due to lower sales and a deterioration in the cost ratio
First written in FY2018-Q3. 12 of 31 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-08-04.
The whole theme swung hardest in 2020: 11 of 50 companies on the "Worse" side.
7 other companies' latest entry also says "Cited as achieved".
- FY2026AdvancedAnnual report
「Revenue for the fiscal year was ¥100,900 million, up 3.9% year on year, operating profit was ¥6,526 million, up 14.5%, and ordinary profit was ¥6,567 million, up 21.9%. Net income attributable to owners of the parent was ¥5,777 million, up 64.9% year on year.」
From a decline in operating profit despite higher revenue in the previous fiscal year, results improved this fiscal year to revenue growth of 3.9%, operating profit growth of 14.5% and a 64.9% increase in net income attributable to owners of the parent. - FY2026-H1AdvancedAnnual report
「As a result, revenue for the interim consolidated accounting period was ¥45,429 million, up 2.2% year on year, operating profit was ¥1,880 million, up 8.7%, and ordinary profit was ¥1,865 million, up 19.0%.」
Consolidated results showed higher revenue and profit, with revenue up 2.2%, operating profit up 8.7% and ordinary profit up 19.0%. Operating profit shifted from a decline despite higher revenue in the previous fiscal year to an increase. - FY2025Narrower decline in operating profit despite higher revenueAnnual report
「Revenue for the fiscal year was ¥97,102 million, up ¥1,955 million, or 2.1%, year on year, while operating profit was ¥5,701 million, down ¥173 million, or 3.0%.」
The decline in profit narrowed from a substantial decrease in operating profit despite higher revenue in the first half to a 3.0% decline in operating profit against 2.1% revenue growth for the full year. The domestic Measurement and Control Business recorded lower profit, while the overseas Measurement and Control Business recorded higher profit. - FY2025-H1Lower earnings despite revenue growthAnnual report
「As a result, revenue for the current interim consolidated period rose 0.6% from the previous interim consolidated period to ¥44,451 million, while operating profit fell 25.6% to ¥1,730 million and ordinary profit fell 35.1% to ¥1,568 million. Interim net income attributable to owners of the parent fell 57.9% to ¥571 million, due mainly to the recognition of a gain on the sale of investment securities as extraordinary income and business restructuring costs at an overseas subsidiary as an extraordinary loss.」
Consolidated revenue rose 0.6%, while operating profit fell 25.6%, ordinary profit fell 35.1%, and interim net income attributable to owners of the parent fell 57.9%. - FY2024AdvancedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥95,147 million, an increase of ¥5,894 million (6.6%) year on year. Operating profit was ¥5,874 million, an increase of ¥3,647 million (163.8%), ordinary profit was ¥5,488 million, an increase of ¥3,603 million (191.2%), and net income attributable to owners of the parent was ¥2,407 million, an increase of ¥1,087 million (82.4%).」
The company improved from the previous fiscal year's profit decline, with revenue up 6.6%, operating profit up 163.8%, ordinary profit up 191.2%, and net income attributable to owners of the parent up 82.4%. - FY2024-Q3AdvancedAnnual report
「As a result, revenue for the first nine months of the current consolidated cumulative period rose 12.8% year on year to ¥68,392 million, operating profit rose 310.4% to ¥4,362 million, and ordinary profit rose 847.6% to ¥4,360 million. Quarterly net income attributable to owners of the parent rose 302.1% to ¥2,184 million.」
Consolidated revenue, operating profit, ordinary profit, and quarterly net income attributable to owners of the parent all exceeded the year-earlier period, with operating profit up 310.4%. - FY2024-Q2AdvancedAnnual report
「As a result, revenue for the first half of the current consolidated cumulative period rose 11.7% year on year to ¥44,174 million, operating profit rose 334.4% to ¥2,325 million, and ordinary profit rose 593.5% to ¥2,415 million. Quarterly net income attributable to owners of the parent rose 30.2% to ¥1,356 million.」
Consolidated revenue, operating profit, ordinary profit, and quarterly net income attributable to owners of the parent all exceeded the year-earlier period, with operating profit up 334.4%. - FY2024-Q1AdvancedAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period rose 10.3% year on year to ¥21,367 million, operating profit rose 116.3% to ¥1,169 million, and ordinary profit rose 152.0% to ¥1,380 million.」
Consolidated revenue, operating profit, and ordinary profit exceeded the year-earlier period, with operating profit up 116.3% and ordinary profit up 152.0%. - FY2023-Q3Continued higher revenue and operating profit, with lower ordinary profit due to foreign-exchange lossesAnnual report
「As a result, revenue for the first nine months of the current consolidated cumulative period rose 12.8% year on year to ¥60,642 million, and operating profit rose 34.4% to ¥1,063 million. Ordinary profit fell 43.1% to ¥460 million due to higher foreign-exchange losses and other factors. In addition, quarterly net income attributable to owners of the parent rose ¥1,028 million year on year to ¥543 million due to the recognition of extraordinary gains and losses from the sale of domestic and overseas subsidiaries.」
Consolidated revenue and operating profit exceeded the year-earlier period, while ordinary profit fell 43.1% due to higher foreign-exchange losses and other factors. Extraordinary gains and losses from the sale of subsidiaries resulted in quarterly net income attributable to owners of the parent of ¥543 million. - FY2023-Q2Revenue Growth and Operating Profit Growth, but Ordinary Profit Decline Due to Foreign-Exchange LossesAnnual report
「As a result, revenue for the first half of the current consolidated cumulative period rose 9.6% year on year to ¥39,562 million, and operating profit rose 16.0% to ¥535 million. Ordinary profit fell 34.4% to ¥348 million due to higher foreign-exchange losses and other factors. In addition, quarterly net income attributable to owners of the parent rose ¥1,278 million year on year to ¥1,041 million due to the recognition of extraordinary gains and losses from the sale of domestic and overseas subsidiaries.」
Consolidated revenue and operating profit exceeded the year-earlier period, while ordinary profit declined due to higher foreign-exchange losses and other factors. Extraordinary gains and losses from the sale of subsidiaries resulted in quarterly net income attributable to owners of the parent of ¥1,041 million. - FY2023-Q1AdvancedAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period rose 9.4% year on year to ¥19,377 million, operating profit rose 18.7% to ¥540 million, and ordinary profit fell 4.2% to ¥547 million. In addition, the recognition of extraordinary income from the sale of an overseas subsidiary resulted in quarterly net income attributable to owners of the parent rising ¥1,987 million year on year to ¥2,116 million.」
Consolidated revenue and operating profit exceeded the year-earlier period, marking an operating recovery from the declining revenue and profit trend through the previous fiscal year. Ordinary profit declined, while extraordinary income from the sale of an overseas subsidiary contributed to the substantial increase in quarterly net income attributable to owners of the parent. - FY2022-Q3Substantial profit decline and continued loss attributable to owners of the parent despite higher revenueAnnual report
「As a result, revenue for the first nine months of the current consolidated cumulative period rose 0.3% year on year to ¥53,755 million, while operating profit fell 52.4% to ¥790 million and ordinary profit fell 54.7% to ¥808 million. Quarterly net income attributable to owners of the parent was a loss of ¥484 million, compared with a profit of ¥62 million in the year-earlier period.」
While revenue rose 0.3%, operating profit fell 52.4%, and quarterly net income attributable to owners of the parent shifted from a profit of ¥62 million to a loss of ¥484 million. - FY2022-Q2Lower operating profit and a loss attributable to owners of the parent despite higher revenueAnnual report
「As a result, revenue for the first half of the current consolidated cumulative period rose 1.0% year on year to ¥36,087 million, while operating profit fell 39.9% to ¥461 million and ordinary profit fell 28.7% to ¥531 million. Quarterly net income attributable to owners of the parent was a loss of ¥236 million, compared with a loss of ¥202 million in the year-earlier period.」
Although consolidated revenue rose 1.0%, operating profit fell 39.9%, and the quarterly net loss attributable to owners of the parent widened from ¥202 million to ¥236 million. - FY2022-Q1Continued declines in revenue and profit and the impact of domestic prices and raw-material costsAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period fell 8.4% year on year to ¥17,720 million, and operating profit fell 32.0% to ¥455 million.」
Consolidated revenue fell 8.4% year on year and operating profit fell 32.0%. Domestically, intensified price competition and higher raw-material costs, and in the manufacturing equipment business, lower orders, contributed to the decline in profit. - FY2021-Q3Continued declines in revenue and profit due to the impact of the novel coronavirusAnnual report
「As a result, third-quarter revenue was ¥53,597 million, a year-on-year decline of ¥12,603 million (19.0%), while operating profit was ¥1,660 million, a decline of ¥1,653 million (49.9%). Quarterly net income attributable to owners of the parent was ¥62 million, a decline of ¥1,417 million (95.8%) from the year-earlier period.」
Consolidated revenue fell 19.0% year on year and operating profit fell 49.9%, while quarterly net income attributable to owners of the parent also declined to ¥62 million. - FY2021-Q2Worsening declines in revenue and profit due to the impact of the novel coronavirusAnnual report
「As a result, second-quarter revenue was ¥35,734 million, a year-on-year decline of ¥7,846 million (18.0%). Operating profit was ¥767 million, a decline of ¥1,265 million (62.2%), and ordinary profit was ¥744 million, a decline of ¥1,201 million (61.7%). Quarterly net income attributable to owners of the parent was a loss of ¥202 million, a decline of ¥1,047 million, or 61.7%, from the year-earlier period, when it was a profit of ¥845 million.」
Consolidated revenue fell 18.0% year on year and operating profit fell 62.2%, while quarterly net income attributable to owners of the parent also shifted from a profit of ¥845 million to a loss of ¥202 million. - FY2021-Q1Lower revenue and profit due to the impact of the novel coronavirusAnnual report
「As a result, first-quarter revenue fell 4.6% year on year to ¥19,347 million, operating profit fell 42.2% to ¥669 million, ordinary profit fell 73.6% to ¥282 million, and quarterly net income attributable to owners of the parent was a loss of ¥284 million, compared with a profit of ¥528 million in the year-earlier period.」
The company shifted from higher revenue and profit in the first quarter of the previous fiscal year to lower revenue and profit in the current quarter, while quarterly net income attributable to owners of the parent also shifted from a profit of ¥528 million to a loss of ¥284 million. - FY2020Continued profit decline despite higher revenueAnnual report
「Operating profit fell 14.1% year on year to ¥3,691 million, ordinary profit fell 17.4% to ¥3,544 million, and net income attributable to owners of the parent fell 33.7% to ¥1,197 million.」
While revenue rose 9.7% year on year, operating profit and the lower profit measures declined due to weaker domestic demand, lower prices, valuation losses on overseas components, and other factors. - FY2020-Q3AdvancedAnnual report
「As a result, revenue for the first nine months of the current consolidated cumulative period rose 20.6% year on year to ¥66,200 million. Operating profit rose 23.6% to ¥3,313 million, ordinary profit rose 14.5% to ¥3,225 million, and quarterly net income attributable to owners of the parent rose 53.2% to ¥1,479 million.」
The recovery from the declining revenue and profit trend that had continued from the previous fiscal year progressed through the nine-month cumulative period, with revenue, operating profit, ordinary profit, and quarterly net income attributable to owners of the parent all exceeding the year-earlier period. - FY2020-Q2AdvancedAnnual report
「As a result, revenue for the first half of the current consolidated cumulative period rose 22.2% year on year to ¥43,580 million. Operating profit rose 32.4% to ¥2,033 million, ordinary profit rose 16.7% to ¥1,946 million, and quarterly net income attributable to owners of the parent rose 31.0% to ¥845 million.」
The recovery from the declining revenue and profit trend that had continued from the previous fiscal year progressed through the first-half cumulative period, with revenue rising 22.2% and operating profit rising 32.4%. - FY2020-Q1Profit recovery driven by higher overseas revenueAnnual report
「As a result, revenue for the first quarter rose 24.7% year on year to ¥20,287 million. Operating profit rose 92.6% to ¥1,159 million, ordinary profit rose 50.0% to ¥1,069 million, and quarterly net income attributable to owners of the parent rose 72.7% to ¥528 million, representing substantial profit growth.」
The company shifted from the declining revenue and profit trend that had continued from the previous fiscal year, with consolidated revenue rising 24.7% year on year and operating profit rising 92.6%. A recovery in profit driven by higher overseas revenue and other factors was confirmed. - FY2019Decline in profit despite higher revenue and higher overseas costsAnnual report
「Operating profit fell 25.0% year on year to ¥3,999 million, mainly because the cost ratio rose due to higher costs associated with production delays caused by shortages of some electronic components overseas, as well as changes in the product sales mix and other factors.」
Although consolidated revenue increased, operating profit in the Measurement and Control Equipment business declined due to higher costs associated with overseas production delays and a higher cost ratio resulting from changes in the product mix. - FY2019-Q3Lower revenue and profit accompanied by overseas production delays and a higher cost ratioAnnual report
「Profit declined as the impact of lower revenue was compounded by higher costs associated with overseas production delays and a higher cost ratio resulting from changes in the product sales mix. As a result, revenue fell 4.2% year on year to ¥53,456 million, while operating profit fell 39.6% to ¥2,445 million.」
In the Measurement and Control Equipment business, higher costs associated with overseas production delays and a higher cost ratio resulting from changes in the product sales mix caused revenue and operating profit to fall below the year-earlier period. - FY2019-Q2Continued declines in revenue and profit and lower overseas gross marginAnnual report
「Profit declined as lower revenue was compounded by a decrease in the gross margin due to changes in the overseas product sales mix and other factors. As a result, revenue for the first half of the current consolidated cumulative period fell 2.4% year on year to ¥35,669 million. Operating profit fell 30.2% to ¥1,536 million, ordinary profit fell 26.3% to ¥1,667 million, and quarterly net income attributable to owners of the parent fell 21.1% to ¥645 million.」
Cumulative revenue, operating profit, ordinary profit, and quarterly net income attributable to owners of the parent fell below the year-earlier period, against a backdrop of lower revenue and a decline in the gross margin resulting from changes in the overseas product sales mix. - FY2019-Q1Continued quarterly declines in revenue and profitAnnual report
「As a result, revenue for the first quarter of the current consolidated cumulative period fell 10.2% year on year to ¥16,274 million. Operating profit fell 49.7% to ¥601 million, ordinary profit fell 46.8% to ¥713 million, and quarterly net income attributable to owners of the parent fell 43.3% to ¥306 million.」
The declines in revenue and profit that had continued from the previous fiscal year were also evident in the first quarter, with consolidated revenue, operating profit, ordinary profit, and quarterly net income attributable to owners of the parent all falling below the year-earlier period. - FY2018Full-year impact of lower revenue and profitAnnual report
「Operating profit fell 27.9% year on year to ¥5,544 million, ordinary profit fell 24.1% to ¥5,634 million, and net income attributable to owners of the parent fell 29.9% to ¥2,666 million.」
The decline in profit accompanying lower revenue, which had been indicated at the quarterly stage, was also confirmed for the full year. Full-year operating profit, ordinary profit, and net income attributable to owners of the parent all fell below the previous fiscal year. - FY2018-Q3First statedAnnual report
「In terms of profit, operating profit fell 33.0% year on year to ¥4,065 million, ordinary profit fell 29.6% to ¥4,181 million, and net income attributable to owners of the parent fell 35.7% to ¥1,867 million, mainly due to lower revenue and a deterioration in the cost ratio.」
Operating profit, ordinary profit, and quarterly net income attributable to owners of the parent declined year on year due to lower revenue and a deterioration in the cost ratio.