Assessing Underlying Business Performance Using Adjusted Performance Metrics
First written in FY2020-Q1. 10 of 28 entries say "Advanced", first in FY2020-Q2. Latest entry: 2026-07-29.
0 other companies' latest entry also says "Raised".
- FY2026ReframedAnnual report
「From a financial perspective, we place importance on Non-GAAP operating profit and the Non-GAAP operating margin as targets measuring the profitability and growth of the underlying business, as well as Non-GAAP EPS growth as a target indicating growth in profit available for shareholder returns.」
We reorganized the adjusted performance metrics into a target framework centered on Non-GAAP operating profit, operating margin and EPS growth under the 2030 Mid-term Management Plan. - FY2026-H1AdvancedAnnual report
「Adjusted operating profit increased by ¥70.6 billion year on year to ¥131.6 billion, while Non-GAAP operating profit increased by ¥62.6 billion to ¥127.5 billion.」
We continued to use adjusted operating profit and Non-GAAP operating profit as metrics for assessing underlying business performance, and they amounted to ¥131.6 billion and ¥127.5 billion, respectively, for the current interim period. - FY2025-H1RestatedAnnual report
「“Adjusted operating profit” is a profit metric calculated by deducting amortization of intangible assets recognized through acquisitions and M&A-related expenses, such as financial advisory fees, from operating profit. “Non-GAAP operating profit” is a profit metric measuring underlying business performance, calculated by deducting amortization of intangible assets recognized through acquisitions, M&A-related expenses such as financial advisory fees, restructuring costs, impairment losses, share-based compensation and other non-recurring gains and losses from operating profit.」
We continued to use adjusted operating profit and Non-GAAP operating profit as metrics for assessing underlying business performance and disclosed the figures for the current interim consolidated accounting period. - FY2024-Q3ReframedAnnual report
「“Adjusted operating profit” is a profit metric calculated by deducting amortization of intangible assets recognized through acquisitions and M&A-related expenses, such as financial advisory fees, from operating profit. “Non-GAAP operating profit” is a profit metric measuring underlying business performance, calculated by deducting amortization of intangible assets recognized through acquisitions, M&A-related expenses such as financial advisory fees, restructuring costs, impairment losses, share-based compensation and other non-recurring gains and losses from operating profit. “Non-GAAP profit for the period (quarter) attributable to owners of the parent” is a profit metric measuring the underlying business performance attributable to owners of the parent, calculated by deducting adjustment items related to profit for the period (quarter) before tax, and the corresponding tax and non-controlling interests, from profit for the period (quarter) attributable to owners of the parent.」
In addition to the existing adjusted operating profit, we defined Non-GAAP operating profit and Non-GAAP profit for the period, which also deduct restructuring costs, impairment losses and share-based compensation, thereby expanding the framework of metrics used to assess underlying business performance. - FY2024-Q2AdvancedAnnual report
「Adjusted operating profit or loss increased by ¥14.6 billion year on year to a profit of ¥45.8 billion.」
For the underlying business performance metrics adjusted for amortization of acquisition-related intangible assets and other items, adjusted operating profit improved by ¥14.6 billion year on year to ¥45.8 billion. - FY2024-Q1AdvancedAnnual report
「Adjusted operating profit or loss improved by ¥7.4 billion year on year to a profit of ¥500 million.」
The metric of underlying business performance adjusted for amortization of acquisition-related intangible assets and other items improved in the first quarter from a loss in the same period of the previous year to a profit of ¥500 million. - FY2023AdvancedAnnual report
「Adjusted operating profit or loss increased by ¥34.5 billion from the previous fiscal year to a profit of ¥205.5 billion.」
Continued to use metrics of underlying business performance adjusted for acquisition-related expenses and other items. Adjusted operating profit or loss was ¥205.5 billion, and adjusted profit for the year was ¥138.6 billion. - FY2023-Q3Improvement in adjusted operating profit or lossAnnual report
「Adjusted operating profit or loss improved by ¥7.5 billion year on year to a profit of ¥83.4 billion. Adjusted quarterly profit or loss attributable to owners of the parent was a profit of ¥44.3 billion, broadly unchanged year on year.」
Adjusted operating profit or loss improved by ¥7.5 billion year on year to a profit of ¥83.4 billion. Adjusted quarterly profit or loss attributable to owners of the parent was ¥44.3 billion, broadly unchanged year on year. - FY2023-Q2Deterioration in adjusted profitAnnual report
「Adjusted operating profit or loss deteriorated by ¥10.9 billion year on year to a profit of ¥31.2 billion.」
Adjusted operating profit or loss, also a metric of underlying business performance adjusted for acquisition-related expenses and other items, deteriorated by ¥10.9 billion year on year to a profit of ¥31.2 billion. - FY2023-Q1Deterioration in adjusted profitAnnual report
「Adjusted operating profit or loss deteriorated by ¥17.4 billion year on year to a loss of ¥7.0 billion. Adjusted quarterly profit or loss attributable to owners of the parent deteriorated by ¥14.7 billion year on year to a loss of ¥8.2 billion.」
Adjusted operating profit or loss and adjusted quarterly profit or loss, metrics of underlying business performance adjusted for acquisition-related expenses and other items, both deteriorated year on year and were losses. - FY2022AdvancedAnnual report
「Adjusted operating profit or loss deteriorated by ¥7.2 billion year on year to a profit of ¥171.0 billion. Adjusted profit or loss for the fiscal year attributable to owners of the parent improved by ¥1.8 billion from the previous consolidated fiscal year to a profit of ¥167.2 billion.」
Continued to use adjusted operating profit and adjusted profit for the year as metrics of underlying business performance and disclosed full-year results. - FY2022-Q3Deterioration in adjusted profitAnnual report
「Adjusted operating profit or loss deteriorated by ¥21.1 billion year on year to a profit of ¥76.0 billion.」
Although performance metrics adjusted for acquisition-related expenses and other items continued to be used, cumulative adjusted operating profit or loss for the third quarter deteriorated by ¥21.1 billion year on year to ¥76.0 billion. - FY2022-Q2AdvancedAnnual report
「Adjusted operating profit or loss improved by ¥13.1 billion year on year to a profit of ¥42.1 billion. Adjusted quarterly profit or loss attributable to owners of the parent improved by ¥9.5 billion year on year to a profit of ¥26.1 billion.」
Continued to use adjusted operating profit or loss and adjusted quarterly profit or loss attributable to owners of the parent. Cumulative profits for the second quarter were ¥42.1 billion and ¥26.1 billion, respectively. - FY2022-Q1AdvancedAnnual report
「Adjusted operating profit or loss increased by ¥16.3 billion year on year to a profit of ¥10.5 billion. Adjusted quarterly profit or loss attributable to owners of the parent improved by ¥8.7 billion year on year to a profit of ¥6.5 billion.」
Continued to use performance metrics adjusted for acquisition-related expenses and other items. Adjusted operating profit or loss for the first quarter was ¥10.5 billion, and adjusted quarterly profit or loss attributable to owners of the parent was a profit of ¥6.5 billion. - FY2021-Q3AdvancedAnnual report
「Adjusted operating profit or loss improved by ¥7.4 billion year on year to a profit of ¥97.0 billion. Adjusted quarterly profit or loss attributable to owners of the parent improved by ¥6.8 billion year on year to a profit of ¥63.7 billion.」
Continued to use performance metrics adjusted for acquisition-related expenses and other items, and disclosed cumulative adjusted operating profit or loss of ¥97.0 billion and adjusted quarterly profit or loss attributable to owners of the parent of ¥63.7 billion for the third quarter. - FY2021-Q1RestatedAnnual report
「Adjusted operating profit or loss is a profit metric measuring underlying business performance. It is calculated by deducting amortization of intangible assets recognized through acquisitions and M&A-related expenses, such as financial advisory fees, from operating profit or loss, thereby clarifying the contribution of acquired companies to the Group as a whole. Adjusted quarterly profit or loss attributable to owners of the parent is a profit metric measuring underlying business performance attributable to owners of the parent. It is calculated by deducting from quarterly profit or loss the adjustment items related to operating profit or loss and the corresponding tax and non-controlling interest amounts.」
Continued the definitions and usage policy for adjusted operating profit or loss and adjusted quarterly profit or loss. Adjusted operating profit or loss for the first quarter was a loss of ¥5.8 billion. - FY2020-Q3AdvancedAnnual report
「Adjusted operating profit or loss improved by ¥66.6 billion year on year to a profit of ¥90.6 billion. Adjusted quarterly profit or loss attributable to owners of the parent improved by ¥45.1 billion year on year to a profit of ¥56.9 billion.」
Continued to disclose adjusted operating profit or loss and adjusted quarterly profit or loss attributable to owners of the parent as ongoing performance metrics, which amounted to profits of ¥90.6 billion and ¥56.9 billion, respectively. - FY2020-Q2AdvancedAnnual report
「Adjusted operating profit or loss is a profit metric measuring underlying business performance. It is calculated by deducting amortization of intangible assets recognized through acquisitions and M&A-related expenses, such as financial advisory fees, from operating profit or loss, thereby clarifying the contribution of acquired companies to the Group as a whole. Adjusted operating profit or loss improved by ¥36.7 billion year on year to a profit of ¥55.4 billion.」
Continued to use adjusted operating profit or loss to evaluate Group-wide and segment performance, and disclosed cumulative adjusted operating profit or loss of ¥55.4 billion for the second quarter. - FY2020-Q1First statedAnnual report
「Adjusted operating profit or loss is a profit metric measuring underlying business performance. It is calculated by deducting amortization of intangible assets recognized through acquisitions and M&A-related expenses, such as financial advisory fees, from operating profit or loss, thereby clarifying the contribution of acquired companies to the Group as a whole. Adjusted quarterly profit or loss attributable to owners of the parent is a profit metric measuring underlying business performance attributable to owners of the parent. It is calculated by deducting from quarterly profit or loss the adjustment items related to operating profit or loss and the corresponding tax and non-controlling interest amounts.」
For the first time, explicitly defined operating profit or loss and profit or loss attributable to owners of the parent adjusted for acquisition-related amortization of intangible assets and M&A-related expenses, and stated the policy of using these metrics to assess underlying business performance, including acquired companies, and evaluate segments.