Improving profitability and reducing fixed costs to improve the earnings structure
First written in FY2016. 21 of 41 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-09.
- FY2027-H1AdvancedAnnual report
「In terms of profit, operating income was ¥2,404 million, up 68.0% year on year; interim income before income taxes was ¥2,065 million, up 98.5%; and interim net income attributable to owners of the parent was ¥1,570 million, up 95.7%. All exceeded the levels of the same period of the previous year. The Company is pursuing the portfolio transformation set out in its medium-term management plan, the “Five Pillars + One” concept, to achieve Vision2030, and continues to make upfront investments in research and development and other areas toward its realization. During the six months ended 30 September, the substantial increase in revenue absorbed the burden of these upfront investments, resulting in higher revenue and higher profit.」
While continuing upfront investments in research and development and other areas, the Company absorbed the investment burden through a substantial increase in revenue, and operating income rose 68.0% year on year to ¥2,404 million. - 2026-08-07AdvancedResults
「当第１四半期連結累計期間においては、大幅な増収によりこれらの先行投資負担を吸収し、増収増益を達成いたしました。」
先行投資を継続する一方、大幅な増収により投資負担を吸収して増収増益を達成した。 - FY2026WorsenedAnnual report
「To achieve Vision2030, the Company is pursuing the portfolio transformation set out in its medium-term management plan, the “Five Pillars + One” concept. In parallel, it is working to upgrade to state-of-the-art production lines and introduce DX with the aim of achieving a dramatic improvement in productivity. These initiatives are intended to strengthen the foundation for future growth, and the upfront investments in research and development, DX and state-of-the-art equipment made toward their realization temporarily weighed on profit for the period.」
While the Company continued upfront investments in portfolio transformation, production-line upgrades, DX and research and development, operating income was ¥3,355 million, down 27.4% year on year, as the upfront investments weighed on profit for the period. - FY2026-H1WorsenedAnnual report
「In terms of profit, operating income was ¥1,431 million, down 39.4% year on year; interim income before income taxes was ¥1,040 million, down 44.0%; and interim net income was ¥802 million, down 43.0%. To achieve Vision2030, the Company is pursuing the portfolio transformation set out in its medium-term management plan, the “Five Pillars + One” concept, and initiatives aimed at achieving a dramatic improvement in productivity, including upfront investment in human resources, DX and research and development. These investments temporarily weighed on profit for the period.」
While the Company continued to make upfront investments in human resources, DX and research and development, operating income fell 39.4% year on year, and the upfront investments temporarily weighed on interim profit. - FY2025AdvancedAnnual report
「Revenue for the fiscal year was ¥53,064 million, up 5.5% from the previous consolidated fiscal year, and operating income was ¥4,622 million, up 6.4%.」
Revenue increased 5.5% year on year and operating income rose 6.4% to ¥4,622 million, indicating a recovery in profitability at the operating-income level after its decline in the previous fiscal year. - FY2025-H1AdvancedAnnual report
「As a result, revenue for the six months ended 30 September was ¥26,308 million, up 6.7% year on year. Operating income was ¥2,363 million, up 26.7% year on year; interim income before income taxes was ¥1,856 million, up 30.8%; and interim net income was ¥1,407 million, up 18.3%.」
Revenue, operating income, interim income before income taxes and interim net income all exceeded the previous year's levels, with operating income reaching ¥2,363 million, up 26.7% year on year. The earnings structure improved during the interim period. - FY2024WorsenedAnnual report
「With respect to profit, although the Company was affected by lower revenue, higher personnel and DX costs, and the reduction of inventories, operating income for the fiscal year was ¥4,344 million. Compared with the previous year, when the Company recorded ¥1,501 million in temporary insurance proceeds, this represented a decline of 47.8%.」
Operating income was ¥4,344 million due to the impact of lower revenue, higher personnel and DX costs, and the reduction of inventories, among other factors, down 47.8% from operating income in the previous year, which included temporary insurance proceeds. - FY2024-Q3Quarterly profit growth alongside cumulative profit declineAnnual report
「Operating income for the third quarter of fiscal 2023, the three months from October to December, was ¥1,400 million, an increase from operating income of ¥1,228 million in the second quarter, the three months from July to September, marking the second consecutive quarter of profit growth. Compared with the previous year, however, operating income for the nine months of fiscal 2023, from April to December, was ¥3,265 million, down 51.1% year on year, due to lower revenue, higher personnel and DX costs, the impact of reducing inventories, and the recording of ¥1,329 million in temporary insurance proceeds in the nine months of fiscal 2022.」
Operating income for the third quarter was ¥1,400 million, marking the second consecutive quarter of profit growth, while cumulative operating income was ¥3,265 million, down 51.1% year on year. - FY2024-Q2WorsenedAnnual report
「With respect to profit, operating income for the nine months ended 31 December was ¥1,864 million, down 53.9% year on year; income before income taxes was ¥1,419 million, down 63.9%; and net income was ¥1,190 million, down 64.5%, due to lower revenue, higher personnel and DX costs, and the impact of reducing inventories.」
Due to lower revenue, higher personnel and DX costs, and the impact of reducing inventories, operating income fell 53.9% year on year, while income before income taxes and net income also declined. - FY2024-Q1WorsenedAnnual report
「With respect to profit, operating income for the three months ended 30 June was ¥636 million, down 58.9% year on year; income before income taxes was ¥239 million, down 86.1%; and net income was ¥154 million, down 89.0%, due to the impact of lower revenue on profit.」
Operating income fell 58.9% year on year, income before income taxes fell 86.1%, and net income fell 89.0%, resulting in deteriorating profitability. - FY2023AdvancedAnnual report
「With respect to profit, although the Company incurred new expenses to promote digital transformation, and higher personnel and electricity costs exerted downward pressure on profit, operating income for the fiscal year was ¥8,327 million, up 60.7% from the previous consolidated fiscal year, due to the revenue increase resulting from higher sales and the weaker yen.」
Despite higher personnel and electricity costs and the incurrence of DX expenses, operating income was ¥8,327 million, up 60.7% year on year, due to the revenue increase resulting from higher sales and the weaker yen. - FY2023-Q3AdvancedAnnual report
「Including the impact of foreign exchange, which increased profit by approximately ¥1,000 million year on year, operating income for the nine months ended 31 December was ¥6,680 million, up 90.0% from operating income of ¥3,517 million in the same period of the previous year.」
Operating income for the nine months ended 31 December was ¥6,680 million, up 90.0% year on year, reflecting continued profit improvement. This included an approximately ¥1,000 million increase in profit due to the weaker yen. - FY2023-Q2AdvancedAnnual report
「With respect to profit, operating income for the six months ended 30 September was ¥4,041 million, up 42.3% year on year from ¥2,839 million; income before income taxes was ¥3,927 million, up 50.9% from ¥2,601 million; and net income was ¥3,352 million, up 37.9% from ¥2,430 million.」
Operating income was ¥4,041 million, up 42.3% year on year, while income before income taxes and net income also increased. - FY2023-Q1AdvancedAnnual report
「With respect to profit, operating income for the three months ended 30 June was ¥1,549 million, up 150.2% year on year, compared with operating income of ¥619 million in the same period of the previous year; income before income taxes was ¥1,718 million, up 222.2%, compared with ¥533 million; and net income was ¥1,397 million, up 198.8%, compared with ¥467 million.」
As the earnings structure improved, operating income for the three months ended 30 June increased from ¥619 million in the same period of the previous year to ¥1,549 million, while income before income taxes and net income also increased substantially. - FY2022AdvancedAnnual report
「As a result, operating income for the fiscal year was ¥5,180 million, up 82.2% from the previous consolidated fiscal year; income before income taxes was ¥4,920 million, up 89.8%; and net income was ¥5,455 million, up 176.1%.」
Operating income increased to ¥5,180 million due to improved profitability in the automotive business and increased sales of products for 5G smartphones, among other factors. - FY2022-Q3AdvancedAnnual report
「As a result, operating income for the nine months ended 31 December was ¥3,517 million, compared with operating income of ¥2,789 million in the same period of the previous year; income before income taxes was ¥3,251 million, compared with ¥2,418 million; and net income was ¥2,927 million, compared with ¥1,870 million.」
Operating income increased from ¥2,789 million in the same period of the previous year to ¥3,517 million due to increased sales in the automotive business and increased sales of products for 5G smartphones, among other factors, and profit improvement continued. - FY2022-Q2AdvancedAnnual report
「With respect to profit, the Company recorded ¥250 million in structural reform expenses and ¥71 million in impairment losses associated with the closure of the business of Niigata NDK Co., Ltd., but profit improved in the automotive business, where revenue increased substantially, and increased sales of 76.8 MHz crystal resonators with built-in thermistors for 5G smartphones made a significant contribution to earnings improvement. As a result, operating income for the six months ended 30 September was ¥2,839 million, compared with an operating loss of ¥1,453 million in the same period of the previous year.」
Despite recording ¥250 million in structural reform expenses and ¥71 million in impairment losses related to Niigata NDK, the Company moved from an operating loss to operating income of ¥2,839 million due to improved profitability in the automotive business and increased sales of products for 5G smartphones. - FY2022-Q1AdvancedAnnual report
「With respect to profit, the Company recorded ¥126 million in structural reform expenses and ¥47 million in impairment losses associated with the closure of the business of Niigata NDK Co., Ltd., but profit improved in the automotive business, where revenue increased substantially, and increased sales of 76.8 MHz crystal resonators with built-in thermistors for 5G smartphones made a significant contribution to earnings improvement. As a result, operating income for the three months ended 30 June was ¥619 million, compared with an operating loss of ¥715 million in the same period of the previous year; income before income taxes was ¥533 million, compared with a loss before income taxes of ¥820 million; and net income was ¥467 million, compared with a net loss of ¥849 million.」
Despite recording structural reform expenses and other items, the Company moved from an operating loss of ¥715 million to operating income of ¥619 million due to increased sales of products for automotive applications and 5G smartphones. - FY2021-Q3AdvancedAnnual report
「With respect to profit, although lower revenue exerted downward pressure on profit and the Company recorded ¥700 million in structural reform expenses, operating income for the nine months ended 31 December was ¥2,789 million, compared with an operating loss of ¥5,480 million in the same period of the previous year; income before income taxes was ¥2,418 million, compared with a loss before income taxes of ¥5,653 million; and net income was ¥1,870 million, compared with a net loss of ¥5,665 million. This was due to fixed-cost reductions, the recording of ¥4,400 million in total comprising a gain on the sale of shares resulting from the transfer of 51% of the shares of NDK SAW devices Co., Ltd., formerly a wholly owned subsidiary, and a gain on the valuation of the retained interest associated with the transfer, as well as the absence of the ¥1,800 million impairment loss recorded in the same period of the previous year and a ¥1,700 million decrease in structural reform expenses.」
The Company moved from an operating loss to operating income due to fixed-cost reductions and a decrease in structural reform expenses. This included ¥4,400 million in income associated with the transfer of shares in the SAW business, but the Company remained profitable at the operating level in the third quarter even excluding that income. - FY2021-Q2AdvancedAnnual report
「With respect to profit, although revenue declined and the Company recorded approximately ¥400 million in structural reform expenses, operating loss for the six months ended 30 September was ¥1,453 million, compared with an operating loss of ¥2,718 million in the same period of the previous year, due to fixed-cost reductions resulting from structural reforms, including the solicitation of voluntary retirees conducted in the previous consolidated fiscal year, and the absence in the current period of the ¥1,884 million impairment loss recorded in the six months ended 30 September of the previous year.」
Despite lower revenue and the recording of structural reform expenses, operating loss narrowed from ¥2,718 million to ¥1,453 million due to fixed-cost reductions from structural reforms, including voluntary retirements, and the absence of the impairment loss recorded in the same period of the previous year. - FY2021-Q1WorsenedAnnual report
「As a result of the solicitation of voluntary retirees conducted in the previous consolidated fiscal year, 129 people left the Company at the end of March 2020, and fixed costs decreased substantially year on year. However, the impact of the approximately 20% year-on-year decline in revenue was greater, resulting in an operating loss of ¥715 million for the three months ended 30 June, compared with an operating loss of ¥515 million in the same period of the previous year.」
Although fixed costs decreased substantially as a result of voluntary retirements, the impact of the approximately 20% decline in revenue was greater, and operating loss widened from ¥515 million in the same period of the previous year to ¥715 million. - FY2020-Q3WorsenedAnnual report
「With respect to profit, the Company sought to reduce fixed costs by restructuring its production operations, but revenue fell below expectations and the loss increased from the same period of the previous year. In addition, the Company recorded an impairment loss of ¥1,884 million in the second quarter and recorded ¥2,410 million in structural reform expenses under other operating expenses in the third quarter, including special payments associated with the solicitation of voluntary retirees and costs related to the relocation of the consolidated subsidiary Suzhou Nihon Dempa Co., Ltd. in China. As a result, operating loss for the nine months ended 31 December was ¥5,480 million, compared with an operating loss of ¥534 million in the same period of the previous year.」
Although production operations were restructured and fixed costs reduced, revenue fell below expectations, and operating loss widened from ¥534 million in the same period of the previous year to ¥5,480 million. The Company also recorded an impairment loss of ¥1,884 million and structural reform expenses of ¥2,410 million. - FY2020-Q2WorsenedAnnual report
「As a result, revenue for the six months ended 30 September was ¥19,825 million, down 6.6% year on year; operating loss was ¥2,718 million, compared with an operating loss of ¥494 million in the same period of the previous year; loss before income taxes was ¥2,790 million, compared with a loss before income taxes of ¥715 million; and net loss was ¥2,796 million, compared with a net loss of ¥753 million.」
Although fixed-cost reductions are under way, revenue fell 6.6% year on year, and operating loss widened from ¥494 million to ¥2,718 million. - FY2020-Q1AdvancedAnnual report
「Meanwhile, the manufacturing line for small-volume products for mobile communications was transferred from the Sayama Plant to the Hakodate Plant, production operations were restructured, and fixed costs were reduced as planned.」
The manufacturing line for small-volume products for mobile communications was transferred from the Sayama Plant to the Hakodate Plant, and production operations were restructured and fixed costs reduced as planned. - FY2019AdvancedAnnual report
「As part of its structural reforms, the group transferred some mass-production lines from domestic plants to overseas plants to improve productivity and cost competitiveness, streamlined indirect operations and worked to reduce fixed costs. As a result, it recorded operating income of approximately ¥400 million.」
The company implemented the transfer of mass-production lines overseas, streamlined indirect operations and reduced fixed costs, recording operating income of ¥406 million. It explained that this included approximately ¥1.8 billion in gains on the sale of land use rights and buildings. - FY2019-Q3WorsenedAnnual report
「As part of its structural reforms, the group reviewed its production system, worked to improve productivity and streamlined indirect operations to reduce fixed costs. However, as described above, sales for automotive and mobile communications applications fell below plan in the third quarter, and the group was unable to return to profitability. As a result, revenue for the third-quarter consolidated cumulative period was ¥32,231 million, down 2.9% year on year; the operating loss was ¥534 million, compared with an operating loss of ¥516 million in the same quarter of the previous year; the pretax quarterly loss was ¥1,040 million, compared with a pretax quarterly loss of ¥494 million; and the quarterly loss was ¥1,085 million, compared with a quarterly loss of ¥723 million.」
Although the group reviewed its production system, improved productivity and streamlined indirect operations, sales for automotive and mobile communications applications fell below plan and it was unable to return to profitability. The operating loss was ¥534 million and the quarterly loss was ¥1,085 million, with losses increasing from the same period of the previous year. - FY2019-Q2WorsenedAnnual report
「As a result, revenue for the second-quarter consolidated cumulative period was ¥21,218 million, down 4.6% year on year; the operating loss was ¥494 million, compared with an operating loss of ¥396 million in the same quarter of the previous year; the pretax quarterly loss was ¥715 million, compared with a pretax quarterly loss of ¥408 million; and the quarterly loss was ¥753 million, compared with a quarterly loss of ¥546 million.」
Revenue declined 4.6% year on year, while the operating loss, pretax quarterly loss and quarterly loss all increased from the same period of the previous year. - FY2019-Q1WorsenedAnnual report
「As a result, revenue for the first-quarter consolidated cumulative period was ¥10,438 million, down 1.0% year on year; the operating loss was ¥317 million, compared with an operating loss of ¥186 million in the same quarter of the previous year; the pretax quarterly loss was ¥272 million, compared with a pretax quarterly loss of ¥195 million; and the quarterly loss was ¥312 million, compared with a quarterly loss of ¥277 million.」
Revenue declined 1.0% year on year, while the operating loss, pretax quarterly loss and quarterly loss all increased from the same period of the previous year. - FY2018WorsenedAnnual report
「As a result of expanding production capacity in line with the initial plan, various costs increased and profitability deteriorated substantially. Consequently, the company recorded an impairment loss of ¥6.5 billion, mainly on production equipment for TCXOs (temperature-compensated crystal oscillators) used in smartphones, crystal resonators with built-in temperature sensors and SAW (surface acoustic wave) devices, resulting in a final loss exceeding ¥10 billion.」
The company was unable to absorb the higher costs associated with expanding production capacity amid declining demand. It recorded an operating loss of ¥9,618 million and a net loss of ¥10,202 million, marking a substantial deterioration in its earnings structure. - FY2018-Q3WorsenedAnnual report
「Under these circumstances, the company's revenue increased year on year because sales for the automotive market remained firm. However, sales to Chinese smartphone manufacturers, for which the company had expected revenue growth, were sluggish, leaving it unable to absorb the higher costs associated with increased capital investment. As a result, the company posted a loss in the third quarter, following the second quarter. Revenue for the third-quarter consolidated cumulative period was ¥33,208 million, up 0.8% year on year; the operating loss was ¥516 million, compared with operating income of ¥403 million in the same quarter of the previous year; the pretax quarterly loss was ¥494 million, compared with pretax quarterly income of ¥132 million; and the quarterly loss was ¥723 million, compared with quarterly income of ¥104 million.」
Although revenue increased from automotive sales, the company was unable to absorb the weak sales to Chinese smartphone manufacturers and higher costs associated with increased capital investment. Operating results deteriorated from operating income of ¥403 million to an operating loss of ¥516 million, and the quarterly loss was ¥723 million. - FY2018-Q2WorsenedAnnual report
「Although revenue increased year on year due to higher sales of crystal resonators for automotive applications and 1612-size TCXOs (temperature-compensated crystal oscillators) for cutting-edge smartphones, depreciation and labor costs increased as a result of aggressive capital investment, resulting in a loss. As a result, revenue for the second-quarter consolidated cumulative period was ¥22,241 million, up 2.8% year on year; the operating loss was ¥396 million, compared with operating income of ¥229 million in the same quarter of the previous year; the pretax quarterly loss was ¥408 million, compared with pretax quarterly income of ¥113 million; and the quarterly loss was ¥546 million, compared with quarterly income of ¥72 million.」
Although revenue increased due to higher sales of crystal resonators for automotive applications and 1612-size TCXOs, higher depreciation and labor costs associated with aggressive capital investment resulted in a change from operating income to an operating loss, and the quarterly loss was ¥546 million. - FY2018-Q1WorsenedAnnual report
「As a result, revenue for the first-quarter consolidated cumulative period was ¥10,541 million, down 1.2% year on year; the operating loss was ¥186 million, compared with operating income of ¥34 million in the same quarter of the previous year; the pretax quarterly loss was ¥195 million, compared with pretax quarterly income of ¥0 million; and the quarterly loss was ¥277 million, compared with a quarterly loss of ¥18 million.」
Revenue declined 1.2% year on year, and profitability deteriorated from the same period of the previous year, including a change from operating income to an operating loss. - FY2017AdvancedAnnual report
「Consolidated revenue was ¥43,791 million, down 2.4% from the previous fiscal year. Operating income was ¥727 million, up 77.1%; pretax income was ¥472 million, up 359.8%; and net income was ¥611 million, up 92.6%.」
Although revenue declined, operating income, pretax income and net income all exceeded the previous year's levels, and the operating margin was 1.7%. - FY2017-Q3AdvancedAnnual report
「As a result, the company's revenue for the third-quarter consolidated cumulative period was ¥32,936 million, down 3.6% year on year; operating income was ¥403 million, up 17.0%; pretax quarterly income was ¥132 million, down 65.1%; and quarterly income was ¥104 million, down 70.0%.」
Although revenue declined, operating income rose 17.0% year on year to ¥403 million. Meanwhile, pretax quarterly income and quarterly income declined, indicating that the improvement was limited to the operating income level. - FY2017-Q2AdvancedAnnual report
「As a result, revenue for the second-quarter consolidated cumulative period was ¥21,626 million, down 4.9% year on year; operating income was ¥229 million, up 4,714.2%; pretax quarterly income was ¥113 million, up 106.3%; and quarterly income was ¥72 million, up 173.8%.」
Although revenue declined, operating income, pretax quarterly income and quarterly income all increased year on year, quantitatively demonstrating an improved earnings structure. - FY2017-Q1AdvancedAnnual report
「As a result, revenue for the first-quarter consolidated cumulative period was ¥10,670 million, down 5.1% year on year; operating income was ¥34 million, compared with an operating loss of ¥187 million in the same quarter of the previous year; pretax quarterly income was ¥0 million, compared with a pretax quarterly loss of ¥136 million; and the quarterly loss was ¥18 million, compared with a quarterly loss of ¥129 million in the same quarter of the previous year.」
The company moved from an operating loss in the same period of the previous year to operating income in the current quarter, quantitatively demonstrating an improved earnings structure. - FY2016First statedAnnual report
「The underlying earnings structure has steadily improved through higher profitability and fixed-cost reductions.」
The company identified sales activities focused on profitability, fixed-cost reductions and cost reductions as measures to improve earnings.