Deteriorating Earnings Due to Declining Revenue and a Return to Losses
First written in FY2016. 1 of 36 entries say "Cited as achieved", first in 2026-05-08. Latest entry: FY2026.
The whole theme swung hardest in 2020: 11 of 50 companies on the "Worse" side.
26 other companies' latest entry also says "Other".
- FY2026Full-year revenue growth, return to operating profitability and return to net profitabilityAnnual report
「For the fiscal year, net sales were ¥1,304 million, up 5.5% year on year, operating income was ¥49 million, compared with an operating loss of ¥167 million in the previous fiscal year, ordinary income was ¥51 million, compared with an ordinary loss of ¥166 million, and net income attributable to owners of the parent was ¥49 million, compared with a net loss attributable to owners of the parent of ¥493 million.」
Full-year net sales increased 5.5%, and the company recorded operating income of ¥49 million, ordinary income of ¥51 million and net income attributable to owners of the parent of ¥49 million. - 2026-05-08Cited as achievedEarnings
「営業利益は9百万円（前年同四半期は営業損失139百万円）、経常利益は11百万円（前年同四半期は経常損失138百万円）、親会社株主に帰属する四半期純利益は10百万円（前年同四半期は親会社株主に帰属する四半期純損失140百万円）となりました。」
前年同期の赤字から営業利益、経常利益及び親会社株主に帰属する四半期純利益へ転換した実績を示した。 - FY2026-H1Higher revenue and return to operating and net profitabilityAnnual report
「For the six months ended September 30, net sales were ¥679 million, up 21.3% year on year, operating income was ¥32 million, compared with an operating loss of ¥128 million in the previous interim period, ordinary income was ¥33 million, compared with an ordinary loss of ¥128 million, and interim net income attributable to owners of the parent was ¥32 million, compared with an interim net loss attributable to owners of the parent of ¥129 million.」
In the interim period, net sales increased 21.3% year on year, and operating income, ordinary income and interim net income attributable to owners of the parent all turned from losses in the previous interim period into profits. - FY2025Higher sales and a narrower operating loss, but a larger net loss due to impairment lossAnnual report
「As a result, for the fiscal year, net sales were ¥1,235 million, up 21.6% year on year, operating loss was ¥167 million, compared with an operating loss of ¥245 million in the previous fiscal year, ordinary loss was ¥166 million, compared with an ordinary loss of ¥244 million, and net loss attributable to owners of the parent was ¥493 million, compared with ¥344 million.」
Full-year net sales increased 21.6% and operating and ordinary losses narrowed, while net loss attributable to owners of the parent increased to ¥493 million due to a ¥325 million impairment loss and other factors. - FY2025-H1Revenue growth and narrower lossesAnnual report
「For the six months ended September 30, net sales were ¥559 million, up 29.5% year on year, operating loss was ¥128 million, compared with an operating loss of ¥163 million in the previous interim period, ordinary loss was ¥128 million, compared with an ordinary loss of ¥162 million, and interim net loss attributable to owners of the parent was ¥129 million, compared with ¥164 million.」
In the interim period, net sales increased 29.5%, and operating loss, ordinary loss and interim net loss attributable to owners of the parent all narrowed year on year, but the company remained in the red. - FY2024Full-year sales increased, but operating, ordinary and net losses widenedAnnual report
「As a result, for the fiscal year, net sales were ¥1,016 million, up 3.1% year on year, operating loss was ¥245 million, compared with an operating loss of ¥226 million in the previous fiscal year, ordinary loss was ¥244 million, compared with an ordinary loss of ¥228 million, and net loss attributable to owners of the parent was ¥344 million, compared with ¥289 million.」
Full-year net sales increased 3.1%, while operating loss, ordinary loss and net loss attributable to owners of the parent all widened from the previous fiscal year. - FY2024-Q3Revenue up, but operating, ordinary and net losses widenedAnnual report
「For the nine months ended December 31, net sales were ¥611 million, up 3.1% year on year, operating loss was ¥243 million, compared with an operating loss of ¥207 million in the same quarter of the previous year, ordinary loss was ¥242 million, compared with an operating loss of ¥207 million, and net loss attributable to owners of the parent was ¥248 million, compared with ¥192 million.」
Net sales increased 3.1% year on year, while operating loss widened from ¥207 million to ¥243 million, ordinary loss from ¥207 million to ¥242 million, and net loss attributable to owners of the parent from ¥192 million to ¥248 million. - FY2024-Q2Higher sales, but a wider loss and a larger net lossAnnual report
「For the six months ended September 30, net sales were ¥432 million, up 24.5% year on year, operating loss was ¥163 million, compared with an operating loss of ¥143 million in the same quarter of the previous year, ordinary loss was ¥162 million, compared with an ordinary loss of ¥143 million, and net loss attributable to owners of the parent was ¥164 million, compared with ¥128 million.」
Net sales increased 24.5% year on year, while operating loss widened from ¥143 million to ¥163 million, ordinary loss from ¥143 million to ¥162 million, and net loss attributable to owners of the parent from ¥128 million to ¥164 million. - FY2024-Q1Slightly lower sales, a wider loss and a larger net lossAnnual report
「For the three months ended June 30, net sales were ¥169 million, down 1.0% year on year, operating loss was ¥104 million, compared with an operating loss of ¥75 million in the same quarter of the previous year, ordinary loss was ¥103 million, compared with an ordinary loss of ¥74 million, and net loss attributable to owners of the parent was ¥105 million, compared with ¥59 million.」
Net sales decreased 1.0% year on year, while operating loss widened from ¥75 million to ¥104 million, ordinary loss from ¥74 million to ¥103 million, and net loss attributable to owners of the parent from ¥59 million to ¥105 million. - FY2023Continued full-year lower sales, a wider operating loss and a larger net lossAnnual report
「For the fiscal year, net sales were ¥985 million, down 15.9% year on year, operating loss was ¥226 million, compared with an operating loss of ¥207 million in the previous fiscal year, ordinary loss was ¥228 million, compared with an ordinary loss of ¥206 million, and net loss attributable to owners of the parent was ¥289 million, compared with ¥210 million.」
Full-year net sales decreased 15.9%, while operating loss, ordinary loss and net loss attributable to owners of the parent all widened from the previous fiscal year. - FY2023-Q3Continued lower sales, a wider operating loss and a larger net lossAnnual report
「For the nine months ended December 31, net sales were ¥593 million, down 23.7% year on year, operating loss was ¥207 million, compared with an operating loss of ¥143 million in the same quarter of the previous year, ordinary loss was ¥207 million, compared with an ordinary loss of ¥142 million, and net loss attributable to owners of the parent was ¥192 million, compared with ¥145 million.」
For the nine months, net sales decreased 23.7%, while operating loss widened from ¥143 million to ¥207 million, ordinary loss from ¥142 million to ¥207 million, and net loss attributable to owners of the parent from ¥145 million to ¥192 million. - FY2023-Q2Continued lower sales and a wider lossAnnual report
「For the six months ended September 30, net sales were ¥347 million, down 31.9% year on year, operating loss was ¥143 million, compared with an operating loss of ¥109 million in the same quarter of the previous year, ordinary loss was ¥143 million, compared with an ordinary loss of ¥108 million, and net loss attributable to owners of the parent was ¥128 million, compared with ¥92 million.」
Net sales decreased 31.9% year on year, while operating loss widened from ¥109 million to ¥143 million, ordinary loss from ¥108 million to ¥143 million, and net loss attributable to owners of the parent from ¥92 million to ¥128 million. - FY2023-Q1Continued lower sales and a wider lossAnnual report
「For the three months ended June 30, net sales were ¥170 million, down 31.2% year on year, operating loss was ¥75 million, compared with an operating loss of ¥61 million in the same quarter of the previous year, ordinary loss was ¥74 million, compared with an ordinary loss of ¥60 million, and net loss attributable to owners of the parent was ¥59 million, compared with ¥50 million.」
Net sales decreased 31.2% year on year, while operating loss, ordinary loss and net loss attributable to owners of the parent all widened from the same quarter of the previous year. - FY2022-Q3Continued lower sales and a wider operating loss, but a narrower net lossAnnual report
「For the nine months ended December 31, net sales were ¥777 million, down 27.4% year on year, operating loss was ¥143 million, compared with an operating loss of ¥78 million in the same quarter of the previous year, ordinary loss was ¥142 million, compared with an ordinary loss of ¥77 million, and net loss attributable to owners of the parent was ¥145 million, compared with ¥275 million.」
Net sales decreased 27.4% and operating and ordinary losses widened from the same quarter of the previous year, while net loss attributable to owners of the parent narrowed from ¥275 million to ¥145 million. - FY2022-Q2Continued lower sales and a wider operating loss, but a narrower net lossAnnual report
「For the six months ended September 30, net sales were ¥509 million, down 30.5% year on year, operating loss was ¥109 million, compared with an operating loss of ¥38 million in the same quarter of the previous year, ordinary loss was ¥108 million, compared with an ordinary loss of ¥37 million, and net loss attributable to owners of the parent was ¥92 million, compared with ¥269 million.」
Net sales decreased 30.5% and operating and ordinary losses widened from the same quarter of the previous year. Meanwhile, net loss attributable to owners of the parent narrowed from ¥269 million to ¥92 million. - FY2022-Q1Sales fell sharply and the operating loss widened, but the net loss narrowedAnnual report
「For the three months ended June 30, net sales were ¥248 million, down 42.6% year on year, operating loss was ¥61 million, compared with an operating loss of ¥10 million in the same quarter of the previous year, ordinary loss was ¥60 million, compared with an ordinary loss of ¥9 million, and net loss attributable to owners of the parent was ¥50 million, compared with ¥166 million.」
Net sales decreased 42.6% and operating and ordinary losses widened from the same quarter of the previous year, while net loss attributable to owners of the parent narrowed from ¥166 million to ¥50 million. - FY2021Full-year sales fell sharply, the company turned to an operating loss, and the net loss increasedAnnual report
「As a result, for the fiscal year, net sales were ¥1,291 million, down 26.8% year on year, operating loss was ¥138 million, compared with operating income of ¥51 million in the previous fiscal year, ordinary loss was ¥137 million, compared with ordinary income of ¥52 million, and net loss attributable to owners of the parent was ¥449 million, compared with net income attributable to owners of the parent of ¥39 million.」
Full-year net sales decreased 26.8%, operating and ordinary income turned into losses, and net loss attributable to owners of the parent increased to ¥449 million. - FY2021-Q3Continued lower sales, a shift to an operating loss and a larger net lossAnnual report
「As a result, for the nine months ended December 31, net sales were ¥1,071 million, down 20.2% year on year, operating loss was ¥78 million, compared with operating income of ¥52 million in the same quarter of the previous year, ordinary loss was ¥77 million, compared with ordinary income of ¥53 million, and net loss attributable to owners of the parent was ¥275 million, compared with net income attributable to owners of the parent of ¥35 million.」
For the nine months, net sales decreased 20.2%, operating and ordinary income turned into losses, and net loss attributable to owners of the parent was ¥275 million. - FY2021-Q2Lower sales, a shift to an operating loss and a larger net loss due to extraordinary lossesAnnual report
「For the six months ended September 30, net sales were ¥733 million, down 13.4% year on year, operating loss was ¥38 million, compared with operating income of ¥23 million in the same quarter of the previous year, ordinary loss was ¥37 million, compared with ordinary income of ¥24 million, and net loss attributable to owners of the parent was ¥269 million, compared with net income attributable to owners of the parent of ¥17 million, due to the recognition of ¥159 million in product recall-related costs and ¥61 million in impairment loss as extraordinary losses in connection with the voluntary recall of telematics in-vehicle products.」
From higher sales and profitability in the same quarter of the previous year, net sales decreased 13.4% and the company turned to operating and ordinary losses. Net loss attributable to owners of the parent was ¥269 million due to ¥159 million in voluntary recall-related costs and a ¥61 million impairment loss on ROOM CONCIER. - FY2021-Q1Higher sales and a narrower operating loss, but a larger net loss due to voluntary product recall costsAnnual report
「For the three months ended June 30, net sales were ¥432 million, up 20.4% year on year, operating loss was ¥10 million, compared with an operating loss of ¥15 million in the same quarter of the previous year, ordinary loss was ¥9 million, compared with an ordinary loss of ¥14 million, and net loss attributable to owners of the parent was ¥166 million, compared with ¥12 million, due to the recognition of ¥159 million in provision for product recall-related losses as an extraordinary loss for the voluntary recall of telematics in-vehicle products.」
In the first quarter, net sales increased 20.4% and operating and ordinary losses narrowed, while the net loss attributable to owners of the parent increased due to ¥159 million in losses related to the voluntary recall of telematics in-vehicle products. - FY2020Full-Year Lower Revenue and Earnings ContinuedAnnual report
「For the fiscal year, net sales were ¥1,764 million, down 6.0% year on year, operating income was ¥51 million, down 60.5%, ordinary income was ¥52 million, down 60.1%, and net income attributable to owners of the parent was ¥39 million, down 55.1%.」
For the full year, net sales, operating income, ordinary income and net income attributable to owners of the parent all decreased year on year, resulting in lower sales and lower earnings. - FY2020-Q3Continued lower sales and lower earnings (cumulative)Annual report
「For the nine months ended December 31, net sales were ¥1,343 million, down 7.2% year on year, operating income was ¥52 million, down 56.3%, ordinary income was ¥53 million, down 55.9%, and net income attributable to owners of the parent was ¥35 million, down 59.0%.」
Net sales, operating income, ordinary income and net income attributable to owners of the parent all decreased year on year, with lower sales and lower earnings continuing. - FY2020-Q2Continued lower sales and lower profitAnnual report
「For the six months ended September 30, net sales were ¥846 million, down 15.5% year on year, operating income was ¥23 million, down 68.9%, ordinary income was ¥24 million, down 68.2%, and net income attributable to owners of the parent was ¥17 million, down 70.1%.」
Net sales, operating income, ordinary income and net income attributable to owners of the parent all decreased year on year, with lower sales and lower earnings continuing. - FY2020-Q1Lower revenue, higher operating profit, a return to an ordinary loss, and a wider net lossAnnual report
「For the three months ended June 30, net sales were ¥359 million, down 13.9% year on year, operating loss was ¥15 million, compared with operating income of ¥4 million in the same quarter of the previous year, ordinary loss was ¥14 million, compared with ordinary income of ¥5 million, and net loss attributable to owners of the parent was ¥12 million, compared with net income attributable to owners of the parent of ¥2 million.」
Operating income, ordinary income and net income attributable to owners of the parent turned from profits in the same quarter of the previous year into an operating loss of ¥15 million, an ordinary loss of ¥14 million and a net loss attributable to owners of the parent of ¥12 million, respectively, while net sales decreased 13.9%. - FY2019Operating income was nearly flat despite lower sales; net income attributable to owners of the parent decreasedAnnual report
「For the fiscal year, net sales were ¥1,876 million, down 10.3% year on year, operating income was ¥131 million, down 0.4%, ordinary income was ¥132 million, down 1.0%, and net income attributable to owners of the parent was ¥88 million, down 36.1%, mainly because the gain on reversal of stock acquisition rights recorded in the second quarter of the previous fiscal year was no longer recognized.」
Following the previous fiscal year’s profit growth despite lower sales, full-year net sales decreased 10.3%, operating income and ordinary income were nearly flat, and net income attributable to owners of the parent decreased 36.1%. - FY2019-Q3Continued higher operating and ordinary profit despite lower revenue, with lower net profit attributable to owners of the parentAnnual report
「For the nine months ended December 31, net sales were ¥1,447 million, down 8.3% year on year, operating income was ¥119 million, up 5.1%, ordinary income was ¥120 million, up 4.2%, and net income attributable to owners of the parent was ¥86 million, down 25.2%, as the gain on reversal of stock acquisition rights recorded in the second quarter of the previous fiscal year was no longer recognized.」
Net sales decreased 8.3% year on year, while operating income and ordinary income increased. As the gain on reversal of stock acquisition rights was no longer recognized, net income attributable to owners of the parent decreased 25.2% year on year. - FY2019-Q2Higher operating and ordinary profit despite lower revenue, with lower net profit attributable to owners of the parentAnnual report
「For the cumulative six months of the current consolidated fiscal year, revenue was ¥1,002 million, down 5.9% year on year; operating profit was ¥75 million, up 32.7%; ordinary profit was ¥75 million, up 30.0%; and net profit attributable to owners of the parent was ¥57 million, down 24.5%, as the gains on reversal of stock acquisition rights recognized in the same period of the previous year were absent.」
Revenue declined, but operating profit and ordinary profit increased. Meanwhile, net profit attributable to owners of the parent declined because the gains on reversal of stock acquisition rights recognized in the previous year were absent. - FY2019-Q1Return to lower revenue and lower profitAnnual report
「For the cumulative first quarter of the current consolidated fiscal year, revenue was ¥417 million, down 15.2% year on year; operating profit was ¥4 million, down 60.7%; ordinary profit was ¥5 million, down 61.3%; and net profit attributable to owners of the parent was ¥2 million, down 78.3%.」
Following higher profit despite lower revenue in the previous full fiscal year, the current quarter saw lower revenue and lower profit, with revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all below the previous year's levels. - FY2018Continued profit growth despite lower revenue and higher full-year profitAnnual report
「For the consolidated fiscal year, revenue was ¥2,091 million, down 5.1% year on year; operating profit was ¥131 million, up 21.2%; ordinary profit was ¥133 million, up 36.5%; and net profit attributable to owners of the parent was ¥138 million, up 90.0%, due in part to the recognition of ¥28 million in gains on reversal of stock acquisition rights as extraordinary income.」
The trend of higher profit despite lower revenue seen at the quarterly stage continued for the full year: revenue declined, while operating profit, ordinary profit and net profit attributable to owners of the parent all increased. - FY2018-Q3Turnaround to higher profit despite lower revenueAnnual report
「For the cumulative nine months of the current consolidated fiscal year, revenue was ¥1,579 million, down 5.2% year on year; operating profit was ¥113 million, up 3.1%; ordinary profit was ¥115 million, up 16.4%; and net profit attributable to owners of the parent was ¥115 million, up 57.8%, due in part to the recognition of ¥28 million in gains on reversal of stock acquisition rights as extraordinary income.」
While revenue declined 5.2% year on year, operating profit and ordinary profit increased, and net profit attributable to owners of the parent also increased, partly due to ¥28 million in gains on reversal of stock acquisition rights. - FY2018-Q2Continued lower revenue and lower profit, with net profit attributable to owners of the parent increasing due to extraordinary incomeAnnual report
「For the cumulative six months of the current consolidated fiscal year, revenue was ¥1,065 million, down 8.1% year on year; operating profit was ¥56 million, down 30.2%; ordinary profit was ¥58 million, down 18.7%; and net profit attributable to owners of the parent was ¥75 million, up 40.2%, due to the recognition of ¥28 million in gains on reversal of stock acquisition rights as extraordinary income.」
Revenue, operating profit and ordinary profit were below the previous year's levels, and lower revenue and lower profit continued. Meanwhile, net profit attributable to owners of the parent increased due to the recognition of gains on reversal of stock acquisition rights. - FY2018-Q1Shift to lower revenue and earningsAnnual report
「In terms of results, lower sales of telematics in-vehicle devices and banknote authentication sensor modules resulted in lower revenue and lower profit year on year. As a result, for the cumulative first quarter of the current consolidated fiscal year, revenue was ¥492 million, down 19.0% year on year; operating profit was ¥11 million, down 66.8%; ordinary profit was ¥13 million, down 62.1%; and net profit attributable to owners of the parent was ¥10 million, down 60.9%.」
The company shifted from the previous quarters' pattern of higher profit despite lower revenue to lower revenue and lower profit as sales of telematics in-vehicle devices and banknote authentication sensor modules declined. - FY2017-Q3Profit growth continued despite lower revenueAnnual report
「As a result, for the cumulative nine months of the current consolidated fiscal year, revenue was ¥1,665 million, down 13.4% year on year; operating profit was ¥110 million, compared with an operating loss of ¥6 million in the same period of the previous year; ordinary profit was ¥99 million, compared with an ordinary loss of ¥0 million; and net profit attributable to owners of the parent was ¥73 million, compared with net loss attributable to owners of the parent of ¥154 million in the same period of the previous year.」
While revenue declined 13.4% year on year, operating profit was ¥110 million, ordinary profit was ¥99 million and net profit attributable to owners of the parent was ¥73 million, continuing the improvement from losses to profits seen in the previous year. - FY2017-Q2Continued profitability despite lower revenueAnnual report
「As a result, for the cumulative six months of the current consolidated fiscal year, revenue was ¥1,159 million, down 10.0% year on year; operating profit was ¥81 million, compared with an operating loss of ¥9 million in the same period of the previous year; ordinary profit was ¥71 million, compared with an ordinary loss of ¥6 million; and net profit attributable to owners of the parent was ¥53 million, compared with net loss attributable to owners of the parent of ¥20 million in the same period of the previous year.」
While revenue declined 10.0% year on year, operating profit, ordinary profit and net profit attributable to owners of the parent all turned from losses in the previous year to profits, indicating continued earnings improvement from the previous quarter. - FY2017-Q1Turnaround from deteriorating results to improvementAnnual report
「As a result, for the cumulative first quarter of the current consolidated fiscal year, revenue was ¥607 million, up 11.2% year on year; operating profit was ¥35 million, compared with an operating loss of ¥35 million in the same period of the previous year; ordinary profit was ¥34 million, compared with an ordinary loss of ¥35 million; and net profit attributable to owners of the parent was ¥25 million, compared with net loss attributable to owners of the parent of ¥39 million in the same period of the previous year.」
The company shifted from the previous year's declining revenue and losses to revenue growth and profitability in the first quarter. - FY2016First statedAnnual report
「As a result, for the consolidated fiscal year, revenue was ¥2,568 million, down 20.4% year on year; operating loss was ¥39 million, compared with operating profit of ¥78 million in the previous year; ordinary loss was ¥36 million, compared with ordinary profit of ¥78 million; and net loss attributable to owners of the parent was ¥196 million, compared with net loss attributable to owners of the parent of ¥29 million in the previous year.」
The deterioration in results during the period was disclosed as the backdrop to the formulation and implementation of the medium-term management plan and business structure reforms.