Return to operating profitability driven by higher sales
First written in FY2017-Q1. 15 of 36 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-08-07.
Asti moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2026: 10 of 51 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings
「Net sales were ¥15,078 million, down 1.4% year on year. Operating profit was ¥159 million, down 35.6%, due to lower profit resulting from a substantial decline in sales of consumer and industrial equipment and higher material costs associated with yen depreciation.」
Company-wide net sales and operating profit fell below the same period of the previous year, with lower sales and higher material costs contributing to the decline in profit. - FY2026WorsenedAnnual report
「The performance of our group for the consolidated fiscal year was as follows. Sales declined due to the withdrawal from the wire harness business in China, resulting in net sales of ¥62,400 million, down 4.6% year on year. Operating profit was ¥1,302 million, down 14.2%, due mainly to a decline in value added associated with lower sales of internally designed products.」
Revenue and operating profit fell below the previous fiscal year due to the withdrawal from the wire harness business in China and lower sales of internally designed products. - FY2026-H1AdvancedAnnual report
「For the interim consolidated accounting period, despite lower sales in China and India, revenue rose 0.6% year on year to ¥30,713 million due to higher customer demand for consumer and industrial equipment in Japan. Operating profit rose 9.7% to ¥585 million due to higher sales of consumer and industrial equipment and other factors.」
Although sales declined in China and India, revenue rose 0.6% and operating profit rose 9.7% due to higher demand for consumer and industrial equipment in Japan. Group-wide revenue and operating profit exceeded the same period of the previous year. - FY2025-H1WorsenedAnnual report
「For the interim consolidated accounting period, revenue was nearly unchanged from the previous fiscal year at ¥30,533 million, up 1.1% year on year. However, operating profit fell 53.7% to ¥533 million due to deteriorating wire harness profitability resulting from excessive competition in China's EV market and other factors.」
Revenue rose 1.1%, while operating profit fell 53.7% due to deteriorating wire harness profitability amid excessive competition in China's EV market and other factors, marking a shift to higher revenue but weaker profits. - FY2024Revenue down, operating profit upAnnual report
「For the fiscal year, the Group's revenue fell 2.0% year on year to ¥63,607 million due to lower sales of consumer and industrial equipment. However, operating profit rose 18.0% to ¥2,234 million due to higher value added accompanying increased sales of automotive electrical components and improved productivity resulting from the stabilisation of production and logistics.」
Revenue fell 2.0% due to lower sales of consumer and industrial equipment, while operating profit rose 18.0% due to higher sales of automotive electrical components and the stabilisation of production and logistics. - FY2024-Q3RestatedAnnual report
「For the nine months ended the third quarter of the current fiscal year, revenue fell 6.8% year on year to ¥47,069 million, mainly due to lower sales in the consumer and industrial equipment business. Higher sales and segment profit in the automotive electrical components business resulted in operating profit of ¥1,968 million, up 14.5%. Ordinary profit rose 35.3% to ¥2,393 million due to foreign exchange gains resulting from yen depreciation and other factors, and quarterly net profit attributable to owners of the parent rose 69.9% to ¥1,878 million.」
Revenue fell 6.8%, while operating profit rose 14.5% due to higher sales of automotive electrical components and other factors, continuing the trend of declining revenue and rising operating profit. - FY2024-Q2Revenue down, operating profit upAnnual report
「For the six months ended the second quarter of the current fiscal year, revenue fell 10.9% year on year to ¥30,202 million due to lower sales in the consumer and industrial equipment and wire harness businesses. Although profit declined in the consumer and industrial equipment business due to the impact of yen depreciation and other factors, the increase in value added accompanying higher sales of automotive electrical components resulted in operating profit of ¥1,152 million, up 10.8%.」
Revenue fell 10.9% due to lower sales of consumer and industrial equipment and wire harnesses, while operating profit rose 10.8% due to higher value added accompanying increased sales of automotive electrical components and other factors. - FY2024-Q1Revenue down, operating profit upAnnual report
「For the first quarter of the current fiscal year, revenue fell 6.4% year on year to ¥15,030 million due to lower sales in the consumer and industrial equipment business. Despite the impact of yen depreciation and higher raw material prices, progress in passing through higher production costs caused by the COVID-19 pandemic resulted in operating profit of ¥662 million, up 72.8%.」
Revenue fell 6.4%, while operating profit rose 72.8% as the company made progress in passing through higher production costs caused by the COVID-19 pandemic. - FY2023-Q3AdvancedAnnual report
「For the nine months ended the third quarter of the current fiscal year, revenue rose 22.9% year on year to ¥50,499 million due to higher sales in all segments. Due mainly to higher wire harness sales and a substantial increase in segment profit, operating profit was ¥1,719 million, compared with an operating loss of ¥271 million in the same period of the previous year, ordinary profit was ¥1,768 million, compared with an ordinary loss of ¥35 million, and quarterly net profit attributable to owners of the parent was ¥1,105 million, compared with a quarterly net loss attributable to owners of the parent of ¥130 million.」
Revenue rose 22.9% due to higher sales in all segments, and operating profit shifted from a loss in the same period of the previous year to profit of ¥1,719 million. Ordinary profit and profit attributable to owners of the parent also shifted from losses to profits. - FY2023-Q2AdvancedAnnual report
「For the six months ended the second quarter of the current fiscal year, revenue rose 30.5% year on year to ¥33,907 million due to higher sales in all segments. Although profit declined in the consumer and industrial equipment business due to the impact of yen depreciation and other factors, the increase in value added accompanying higher wire harness sales resulted in operating profit of ¥1,040 million, up 505.5%, ordinary profit of ¥1,570 million, up 556.9%, and quarterly net profit attributable to owners of the parent of ¥1,109 million, up 813.7%.」
Against the backdrop of higher sales in all segments, revenue, operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all substantially exceeded the same period of the previous year. - FY2023-Q1AdvancedAnnual report
「For the first quarter of the current fiscal year, revenue rose 21.6% year on year to ¥16,051 million due to higher sales in all segments. The increase in value added accompanying the revenue increase resulted in operating profit of ¥383 million, up 7.4%, ordinary profit of ¥737 million, up 136.3%, due to foreign exchange gains, and quarterly net profit attributable to owners of the parent of ¥522 million, up 143.8%.」
Revenue rose 21.6% year on year and operating profit increased 7.4% due to higher sales in all segments. Foreign exchange gains also contributed, and ordinary profit and quarterly net profit attributable to owners of the parent increased substantially. - FY2022WorsenedAnnual report
「For the fiscal year, revenue significantly exceeded the plan, rising 30.0% year on year to ¥58,790 million, but operating profit fell 71.3% to ¥281 million, ordinary profit fell 39.2% to ¥840 million, and profit attributable to owners of the parent fell 49.5% to ¥702 million, all below plan.」
Revenue increased substantially, while operating profit, ordinary profit, and net profit all declined, with operating profit falling 71.3%. - FY2022-Q3WorsenedAnnual report
「For the nine months ended the third quarter of the current fiscal year, revenue rose 34.8% year on year to ¥41,083 million due to higher sales in all segments. Despite the increase in revenue, the company recorded an operating loss of ¥271 million, compared with operating profit of ¥219 million in the same period of the previous year, an ordinary loss of ¥35 million, compared with ordinary profit of ¥355 million, and a quarterly net loss attributable to owners of the parent of ¥130 million, compared with quarterly net profit attributable to owners of the parent of ¥169 million, due to expenses incurred for alternative production at sites in Japan and elsewhere following the lockdown at the Vietnam plant.」
Revenue rose 34.8% due to higher sales in all segments, but operating profit, ordinary profit, and profit attributable to owners of the parent shifted from profits in the same period of the previous year to losses due to alternative production costs and other expenses associated with the lockdown at the Vietnam plant. - FY2022-Q2AdvancedAnnual report
「For the six months ended the second quarter of the current fiscal year, revenue rose 46.4% year on year to ¥25,987 million due to higher sales in all segments. Although the increase in revenue led to higher value added, operating profit was ¥171 million, compared with an operating loss of ¥376 million in the same period of the previous year, ordinary profit was ¥239 million, compared with an ordinary loss of ¥275 million, and quarterly net profit attributable to owners of the parent was ¥121 million, compared with a quarterly net loss attributable to owners of the parent of ¥367 million, due to expenses incurred for recovery production at sites in Japan and elsewhere following the lockdown at the Vietnam plant.」
Revenue rose 46.4% year on year due to higher sales in all segments, and operating profit, ordinary profit, and profit attributable to owners of the parent shifted from losses in the same period of the previous year to profits. - FY2022-Q1AdvancedAnnual report
「For the first quarter of the current fiscal year, as a result of thorough COVID-19 countermeasures and efforts to improve operating rates, revenue rose 85.1% year on year to ¥13,199 million due to higher sales in all segments. The increase in value added accompanying the revenue increase resulted in operating profit of ¥356 million, compared with an operating loss of ¥523 million in the same period of the previous year, ordinary profit of ¥312 million, compared with an ordinary loss of ¥489 million, and quarterly net profit attributable to owners of the parent of ¥214 million, compared with a quarterly net loss attributable to owners of the parent of ¥515 million.」
Revenue rose 85.1% year on year due to higher sales in all segments, and operating profit, ordinary profit, and profit attributable to owners of the parent shifted from losses in the same period of the previous year to profits. - FY2021Revenue nearly recovered; operating profit increasedAnnual report
「For the fiscal year, results recovered to nearly the previous fiscal year's level, with revenue of ¥45,213 million, down 0.6% year on year, and operating profit of ¥980 million, up 2.1%.」
Revenue declined only 0.6% year on year, while operating profit increased 2.1%. The company stated that full-year results had recovered to nearly the previous fiscal year's level from the deterioration caused by COVID-19 in the previous fiscal year. - FY2021-Q3Sharp quarterly sales recovery and exit from cumulative lossesAnnual report
「In the third quarter, the company recorded sales above the same period of the previous year due to a sharp recovery in revenue and was able to exit the loss position that had continued through the six months ended the second quarter.」
In the third quarter, revenue recovered sharply and exceeded the same period of the previous year, allowing the company to exit the loss position through the six months ended the second quarter. Meanwhile, operating profit for the nine months was ¥219 million, down 75.0% year on year. - FY2021-Q2WorsenedAnnual report
「For the six months ended the second quarter of the current fiscal year, revenue fell 21.7% year on year to ¥17,756 million due to lower sales in all segments. The decline in value added accompanying the revenue decline resulted in an operating loss of ¥376 million, compared with operating profit of ¥598 million in the same period of the previous year, an ordinary loss of ¥275 million, compared with ordinary profit of ¥672 million, and a quarterly net loss attributable to owners of the parent of ¥367 million, compared with quarterly net profit attributable to owners of the parent of ¥632 million.」
Revenue fell 21.7% due to lower sales in all segments, and operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all shifted from profits in the same period of the previous year to losses. - FY2021-Q1WorsenedAnnual report
「For the first quarter of the current fiscal year, revenue fell 36.5% year on year to ¥7,131 million due to lower sales in all segments. The decline in value added accompanying the revenue decline resulted in an operating loss of ¥523 million, compared with operating profit of ¥322 million in the same period of the previous year, an ordinary loss of ¥489 million, compared with ordinary profit of ¥270 million, and a quarterly net loss attributable to owners of the parent of ¥515 million, compared with quarterly net profit attributable to owners of the parent of ¥343 million.」
Revenue fell 36.5% due to lower sales in all segments, and operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all shifted to losses. - FY2020WorsenedAnnual report
「For the fiscal year, against the backdrop of a deterioration in the global economic environment, revenue fell 4.3% year on year to ¥45,496 million due to lower sales of automotive electrical components and consumer and industrial equipment. Operating profit fell 44.6% to ¥959 million, ordinary profit fell 51.0% to ¥1,005 million, and profit attributable to owners of the parent fell 66.3% to ¥543 million due to higher tax expenses resulting from the reversal of deferred tax assets.」
For the full year, revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all declined, making the deterioration in profitability clear. - FY2020-Q3WorsenedAnnual report
「For the nine months ended the third quarter of the current fiscal year, despite higher wire harness sales, revenue fell to ¥34,322 million, down 3.7% year on year, due to lower sales of automotive electrical components and consumer and industrial equipment. Although profit improved due to higher productivity at overseas subsidiaries in the wire harness business, operating profit fell 33.2% to ¥881 million due to lower sales of automotive electrical components resulting from weakness in the Indian market and other factors.」
Despite higher wire harness sales and profit improvement from improved productivity at overseas subsidiaries, revenue fell 3.7% and operating profit fell 33.2% due to lower sales of automotive electrical components and consumer and industrial equipment and weakness in the Indian market. - FY2020-Q2WorsenedAnnual report
「For the six months ended the second quarter of the current fiscal year, despite higher wire harness sales, revenue fell to ¥22,681 million, down 2.5% year on year, due to lower sales of automotive electrical components and other factors. Although profit improved due to higher productivity at overseas subsidiaries in the wire harness business, operating profit fell 18.4% to ¥598 million due to the impact of lower sales of automotive electrical components and consumer and industrial equipment.」
Despite higher wire harness sales and improved productivity at overseas subsidiaries, revenue and operating profit fell below the same period of the previous year due to lower sales of automotive electrical components and consumer and industrial equipment. - FY2020-Q1Revenue down, operating profit upAnnual report
「For the first quarter of the current fiscal year, revenue fell to ¥11,231 million, down 1.1% year on year, due to lower sales of automotive electrical components. Operating profit rose 20.3% to ¥322 million due to improved productivity at overseas subsidiaries, while ordinary profit rose 6.7% to ¥270 million due to foreign exchange losses and other factors.」
Revenue fell 1.1% year on year, while operating profit rose 20.3% against the backdrop of improved productivity at overseas subsidiaries, showing a different trend from the previous pattern of full-year profit declines. - FY2019WorsenedAnnual report
「For the fiscal year, consolidated results were revenue of ¥47,547 million, down 0.2% year on year, and operating profit of ¥1,730 million, down 3.6%, due to lower sales of home electronics.」
Full-year revenue and operating profit fell below the previous fiscal year, with the decline in operating profit continuing. Meanwhile, ordinary profit and profit attributable to owners of the parent increased. - FY2019-Q3WorsenedAnnual report
「For the nine months ended the third quarter of the current fiscal year, despite higher sales of home electronics, revenue fell to ¥35,629 million, down 0.2% year on year, due to lower sales of automotive electrical components and communications and control equipment. Operating profit was ¥1,318 million, down 11.1%, due to lower sales of automotive electrical components and communications and control equipment, higher labour costs, higher expenses including depreciation, and the impact of typhoon damage. Ordinary profit was ¥1,439 million, down 8.9%, and profit attributable to owners of the parent was ¥1,092 million, down 6.3%.」
Despite higher sales of home electronics, revenue and all major profit measures from operating profit downward fell below the same period of the previous year due to lower sales of automotive electrical components and communications and control equipment, higher expenses including labour costs and depreciation, and typhoon damage. - FY2019-Q2WorsenedAnnual report
「For the six months ended the second quarter of the current fiscal year, despite lower sales of automotive electrical components and communications and control equipment, revenue rose to ¥23,252 million, up 0.4% year on year, due to higher sales of home electronics. Operating profit was ¥732 million, down 16.7%, due to lower sales of automotive electrical components and communications and control equipment, higher labour costs, and higher expenses, including depreciation.」
Revenue increased only 0.4% due to higher sales of home electronics, while operating profit fell 16.7% due to lower sales of automotive electrical components and communications and control equipment, higher labour costs, and higher expenses, including depreciation. - FY2019-Q1WorsenedAnnual report
「For the first quarter of the current fiscal year, despite lower sales of automotive electrical components and communications and control equipment, revenue rose to ¥11,358 million, up 1.3% year on year, due to higher sales of home electronics. Operating profit was ¥268 million, down 34.0%, due to lower sales of automotive electrical components and communications and control equipment and higher expenses, including depreciation.」
Revenue rose 1.3% due to higher sales of home electronics, while operating profit fell 34.0% due to lower sales of automotive electrical components and communications and control equipment and higher expenses, including depreciation. - FY2018AdvancedAnnual report
「For the fiscal year, consolidated results were revenue of ¥47,643 million, up 11.7% year on year, and operating profit of ¥1,796 million, up 12.9%, driven by higher sales of automotive electrical components and communications and control equipment.」
For the full year, revenue was ¥47,643 million and operating profit was ¥1,796 million, representing year-on-year increases of 11.7% and 12.9%, respectively. The company also stated that it achieved record-high revenue and operating profit for the fiscal year. - FY2018-Q3AdvancedAnnual report
「As a result of these initiatives, for the nine months ended the third quarter of the current fiscal year, consolidated results were revenue of ¥35,714 million, up 20.5% year on year, operating profit of ¥1,483 million, up 53.5%, ordinary profit of ¥1,579 million, up 39.2%, and profit attributable to owners of the parent of ¥1,165 million, up 41.9%, driven by higher sales of automotive electrical components and communications and control equipment.」
Against the backdrop of higher sales of automotive electrical components and communications and control equipment, revenue was ¥35,714 million and operating profit was ¥1,483 million, representing year-on-year increases of 20.5% and 53.5%, respectively. - FY2018-Q2AdvancedAnnual report
「As a result of these initiatives, for the six months ended the second quarter of the current fiscal year, consolidated results were revenue of ¥23,158 million, up 22.0% year on year, operating profit of ¥880 million, up 69.9%, ordinary profit of ¥868 million, up 89.5%, and profit attributable to owners of the parent of ¥612 million, up 111.0%, driven by higher sales of automotive electrical components and communications and control equipment.」
Against the backdrop of higher sales of automotive electrical components and communications and control equipment, revenue was ¥23,158 million and operating profit was ¥880 million, representing year-on-year increases of 22.0% and 69.9%, respectively. - FY2018-Q1AdvancedAnnual report
「As a result of these initiatives, for the first quarter of the current fiscal year, consolidated results were revenue of ¥11,212 million, up 18.6% year on year, operating profit of ¥406 million, up 87.7%, ordinary profit of ¥390 million, up 523.8%, and profit attributable to owners of the parent of ¥278 million, up 4,325.9%, driven by higher sales of automotive electrical components and communications and control equipment.」
Against the backdrop of higher sales of automotive electrical components and communications and control equipment, revenue was ¥11,212 million and operating profit was ¥406 million, representing year-on-year increases of 18.6% and 87.7%, respectively. - FY2017-Q3AdvancedAnnual report
「For the nine months ended the third quarter of the current fiscal year, consolidated results were revenue of ¥29,642 million, up 5.1% year on year, and operating profit of ¥966 million, up 138.1%, driven by higher sales of automotive electrical components, as well as rationalisation and automation initiatives and expense reductions.」
Against the backdrop of higher sales of automotive electrical components, revenue rose 5.1% year on year and operating profit increased 138.1% to ¥966 million, indicating further improvement in results from the previous quarter. - FY2017-Q2AdvancedAnnual report
「For the six months ended the second quarter of the current fiscal year, consolidated results were revenue of ¥18,985 million, up 1.8% year on year, and operating profit of ¥517 million, up 215.8%, driven by higher sales of automotive electrical components, as well as rationalisation initiatives and expense reductions.」
Revenue increased 1.8% year on year to ¥18,985 million, while operating profit rose 215.8% to ¥517 million, further increasing the profit level following the return to operating profitability. - FY2017-Q1First statedAnnual report
「Against this backdrop, results for the nine-month period ended in the first quarter of the current consolidated fiscal year were revenue of ¥9,453 million, up 6.0% year on year, and operating profit of ¥216 million, compared with an operating loss of ¥93 million in the same period of the previous year, driven by higher sales of automotive electrical components and home electronics.」
Higher sales of automotive electrical components and home electronics drove a shift from an operating loss in the same period of the previous year to operating profit.