Higher cost of sales ratio and lower operating profit due to increased period expenses
First written in FY2022-Q1. 4 of 14 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2025: 7 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2027-H1Profit remained flat due to the product mix and higher manufacturing costsAnnual report
「The cost of sales ratio rose in the current interim consolidated fiscal period due to a reaction to the concentration of sales of low-cost products in the previous interim consolidated fiscal period and surging manufacturing costs, including raw materials, leaving operating profit at roughly the same level as in the previous interim consolidated fiscal period.」
Unlike the previous fiscal year's profit decline due to investment in equipment and development costs for cutting-edge models, profit remained flat in the current interim period as a reaction to concentrated sales of low-cost products and surging manufacturing costs, including raw materials. - FY2026-H1WorsenedAnnual report
「Profit declined due to investment in equipment and other capacity to meet strong product demand, as well as higher development costs related to cutting-edge models.」
In the particulate matter measurement equipment business, segment profit declined 12.9% from the previous interim period despite higher sales, due to investment in equipment and other capacity and higher development costs related to cutting-edge models. - FY2025AdvancedAnnual report
「In addition, sales and operating profit both reached record highs as the company was able to improve production efficiency through ongoing investment in equipment and other capacity to meet strong product demand.」
Further improvements in production efficiency following investment in equipment led to record sales and operating profit in the particulate matter measurement equipment business. - FY2025-H1AdvancedAnnual report
「Sales and profit increased from the previous interim consolidated fiscal period as the company was able to further improve production efficiency through ongoing investment in equipment and other capacity to meet strong product demand.」
Further improvements in production efficiency following investment in equipment addressed the previous fiscal year's issues of stronger production capacity and higher costs, contributing to higher profit in the particulate matter measurement equipment business. - FY2024AdvancedAnnual report
「In addition, strengthening equipment and other facilities to meet strong product demand improved production efficiency, resulting in record highs for both revenue and operating profit.」
For the particulate matter measurement equipment business, which had reported profit pressure in the previous fiscal year due to stronger production capacity and higher procurement prices for materials, improved production efficiency following investment in equipment led to record full-year sales and operating profit. - FY2024-Q3AdvancedAnnual report
「Sales and operating profit both reached record highs as the company was able to improve production efficiency by expanding equipment and other production capacity to meet strong product demand.」
The particulate matter measurement equipment business progressed from profit pressure in the previous fiscal year due to stronger production capacity and higher procurement prices for materials, with improved production efficiency following investment in equipment leading to record sales and operating profit. - FY2024-Q2Higher sales and profit driven by improved production efficiencyAnnual report
「In addition, strengthening equipment and other facilities to meet strong product demand improved production efficiency, resulting in higher revenue and profit than in the same quarter of the previous year.」
The particulate matter measurement equipment business moved from profit pressure in the previous fiscal year due to stronger production capacity and higher material prices to higher sales and profit, driven by improved production efficiency following investment in equipment. - FY2023Full-year profit decline despite higher salesAnnual report
「Profit declined because production costs rose as production capacity for equipment and other items was strengthened to meet robust demand, while procurement prices for components surged.」
In the particulate matter measurement equipment business, full-year operating profit declined despite higher sales due to stronger production capacity to meet demand and higher procurement prices for materials. - FY2023-Q3Operating profit moved to the level of the previous year despite higher salesAnnual report
「Production costs rose as the company strengthened its production capacity, including equipment, to meet strong demand, while procurement prices for materials surged, leaving operating profit at roughly the same level as the same quarter of the previous year.」
In the particulate matter measurement equipment business, production costs rose due to stronger production capacity to meet demand and higher procurement prices for materials, leaving operating profit at roughly the same level as the previous year despite higher sales. - FY2023-Q2Profit growth limited by higher costs despite higher salesAnnual report
「Production costs rose as the company strengthened its production capacity, including equipment, to meet strong demand, while procurement prices for materials surged, limiting the increase in operating profit.」
In the particulate matter measurement equipment business, production costs rose as production capacity was strengthened to meet demand and procurement prices for materials surged, limiting operating profit growth despite higher sales. - FY2023-Q1RestatedAnnual report
「Revenue and operating profit both exceeded the same quarter of the previous year because sales of in-liquid particle counters used at semiconductor manufacturing plants remained strong.」
Segment profit in the particulate matter measurement equipment business also exceeded the previous year in the first quarter, and the previous pattern of profit falling below the previous year due to higher period expenses was not observed. - FY2022-Q3The particulate matter measurement equipment segment returned to profit growthAnnual report
「Segment profit 1,035,182 1,141,287」
Although operating profit had been reported below the previous year as period expenses increased through the previous quarter, segment profit in the particulate matter measurement equipment business reached ¥1,141 million for the nine months ended the third quarter, up 10.2% year on year. - FY2022-Q2RestatedAnnual report
「Meanwhile, operating profit fell short of the same quarter of the previous year, mainly because the cost of sales ratio rose as period expenses increased.」
While the particulate matter measurement equipment business achieved record sales, the pattern of a higher cost of sales ratio due to increased period expenses causing operating profit to fall below the previous year continues. - FY2022-Q1First statedAnnual report
「Operating profit fell short of the same quarter of the previous year, mainly because the cost of sales ratio rose as period expenses increased.」
While the particulate matter measurement equipment business achieved record first-quarter sales, operating profit fell below the same period of the previous year as the cost of sales ratio rose due to higher period expenses.