Stable Growth and Improved Profitability and Financial Strength
First written in FY2016. 15 of 35 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026.
Aval Data moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 9 of 54 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The company has established the following 3 targets for the fiscal year ending March 2030: 1. net sales: target of ¥20 billion or more; 2. operating profit margin on net sales: target of 20% or higher; and 3. return on equity (ROE): target of 11% or higher.」
The management indicator framework was reviewed, with the ordinary profit margin on net sales changed to the operating profit margin on net sales and the equity ratio removed from the indicators. For the fiscal year ending March 2030, the company set targets of net sales of ¥20 billion or more, an operating profit margin on net sales of 20% or higher and ROE of 11% or higher, raising the ROE target from the previous target of 9% or higher. Current-period results were net sales of ¥8.8 billion, an operating profit margin of 7.8% and ROE of 2.74%. - 2026-05-14WorsenedEarnings
「As a result, net sales were ¥8,830 million, down 19.6% year on year; operating income was ¥690 million, down 51.4%; ordinary income was ¥772 million, down 49.7%; and net income was ¥554 million, down 51.3%.」
For the fiscal year ending March 2026, net sales and income at each stage declined year on year, resulting in lower profitability. - FY2026-H1Interim declines in sales and profit alongside a higher equity ratioAnnual report
「Net sales were ¥4,294 million, down 23.2% from the previous interim accounting period. Operating profit was ¥316 million, down 59.2%, ordinary profit was ¥381 million, down 55.4%, and interim net income was ¥281 million, down 54.4%.」
During the interim accounting period, net sales, operating profit, ordinary profit and interim net income declined year on year. Meanwhile, the equity ratio was 90.7%, up from 90.2% at the end of the previous fiscal year. - FY2025-H1Interim declines in sales and profit alongside an improved equity ratioAnnual report
「As a result, net sales for the interim accounting period were ¥5,591 million, down 12.7% from the previous interim accounting period. Operating profit was ¥775 million, down 33.6%, ordinary profit was ¥856 million, down 32.4%, and interim net income was ¥616 million, down 33.0%.」
During the interim accounting period, net sales and profit at each level declined year on year. Meanwhile, the equity ratio rose to 89.0%, indicating a simultaneous decline in profitability and improvement in financial indicators. - FY2024Profitability target missed while financial indicators improvedAnnual report
「The management indicators targeted by the company are: 1. ordinary profit margin on net sales: target of 23.0% or higher; 2. equity ratio: target of 80% or higher; and 3. return on equity (ROE): target of 9% or higher.」
The ordinary profit margin on net sales for the fiscal year ended March 2024 was 18.1%, below the 23.0% target, while the equity ratio was 82.8% and ROE was 24.08%, exceeding their respective targets of 80% or higher and 9% or higher. - FY2024-Q3Lower sales and profit, but higher net income due to gains on securities salesAnnual report
「As a result, net sales for the nine months ended the third quarter were ¥9,567 million, down 11.6% year on year, operating profit was ¥1,656 million, down 4.1%, and ordinary profit was ¥1,772 million, down 1.8%. Net income for the quarter was ¥4,867 million, up 30.5%, due to the recognition of a gain on the sale of investment securities following the sale of some investment securities to improve asset efficiency through a review of cross-shareholdings.」
Net sales, operating profit and ordinary profit declined year on year, while net income for the quarter increased due to the recognition of a gain on the sale of investment securities following the sale of some cross-held shares. - FY2024-Q2Lower sales, but higher ordinary and net profitAnnual report
「Although difficulty obtaining some parts continued depending on the type of semiconductor, the arrival of parts that had been difficult to procure enabled the company to work through orders that had been outstanding for long lead times and proceed with product completion and delivery to customers. Operations therefore remained generally steady. As a result, net sales for the six months ended the second quarter were ¥6,403 million, down 14.4% year on year, operating profit was ¥1,168 million, down 0.7%, ordinary profit was ¥1,266 million, up 2.0%, and net income for the quarter was ¥919 million, up 2.7%.」
While some difficulty obtaining parts eased and the processing of outstanding orders and product completion progressed, net sales declined and operating profit edged down. Ordinary profit and net income for the quarter increased year on year. - FY2024-Q1Lower sales, but higher operating, ordinary and net profitAnnual report
「Net sales were ¥3,446 million, down 4.0% year on year. Operating profit was ¥684 million, up 24.0%, ordinary profit was ¥746 million, up 27.1%, and net income for the quarter was ¥537 million, up 26.2%.」
Net sales declined year on year, while operating profit, ordinary profit and net income for the quarter all increased. The results show both higher profit and lower sales under the theme of stable growth and improved profitability. - FY2023RaisedAnnual report
「Beginning with the current fiscal year, we have changed the target ordinary profit margin on net sales from 22.0% or higher to 23.0% or higher, an increase of 1.0 percentage point, in order to further expand high-value-added products and improve productivity.」
The target ordinary profit margin on net sales was raised from 22.0% or higher to 23.0% or higher. FY2023 results were 17.3% for the margin and 74.7% for the equity ratio, both below target, while ROE was 21.74%. - FY2023-Q3AdvancedAnnual report
「As a result, net sales for the nine months ended the third quarter were ¥10,823 million, up 46.1% year on year, operating profit was ¥1,727 million, up 11.9%, and ordinary profit was ¥1,805 million, up 11.8%. Net income for the quarter was ¥3,728 million, up 217.4%, due to the recognition of a gain on the sale of investment securities following the sale of some investment securities to improve asset efficiency through a review of cross-shareholdings.」
Net sales, operating profit and ordinary profit increased year on year in the nine months ended the third quarter. Net income for the quarter increased substantially due to the recognition of a gain on the sale of investment securities, with the increase in operating profit and the extraordinary gain from the share sale described separately. - FY2023-Q2AdvancedAnnual report
「Against this backdrop, the company continued providing products that meet customer needs and increase customer value. To address the global shortage of parts, it also purchased some high-priced products on the market and fulfilled its supply obligations to customers. As a result, net sales for the six months ended the second quarter were ¥7,483 million, up 59.9% year on year, operating profit was ¥1,176 million, up 25.6%, ordinary profit was ¥1,241 million, up 24.6%, and net income for the quarter was ¥895 million, up 24.4%.」
While responding to the parts supply shortage, net sales, operating profit, ordinary profit and net income for the quarter all increased year on year. Net sales increased particularly strongly, by 59.9%, while operating profit increased 25.6%. - FY2023-Q1AdvancedAnnual report
「As a result, net sales for the three months ended the first quarter were ¥3,590 million, up 50.6% year on year, operating profit was ¥551 million, up 13.9%, ordinary profit was ¥587 million, up 13.1%, and net income for the quarter was ¥425 million, up 13.4%.」
Net sales, operating profit, ordinary profit and net income for the quarter all increased year on year in the three months ended the first quarter. Net sales increased 50.6% and operating profit increased 13.9%, indicating quantitative progress in stable growth and improved profitability. - FY2022RaisedAnnual report
「The management indicators targeted by the company are: 1. ordinary profit margin on net sales: target of 22.0% or higher; 2. equity ratio: target of 80% or higher; and 3. return on equity (ROE): target of 9% or higher.」
The target ordinary profit margin on net sales was raised from 18.0% or higher to 22.0% or higher, and the ROE target was raised from 8% or higher to 9% or higher. Meanwhile, current-period results were an ordinary profit margin on net sales of 20.6%, an equity ratio of 75.4% and ROE of 8.69%, all below the new targets. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, the company took thorough measures to prevent COVID-19 infections and secure parts procurement, and worked to improve the competitiveness of customers' equipment by launching new products ahead of market needs and strengthening initiatives aimed at stable production to further improve customer satisfaction. As a result, net sales for the nine months ended the third quarter were ¥7,408 million, up 19.3% year on year, operating profit was ¥1,543 million, up 21.5%, ordinary profit was ¥1,614 million, up 21.0%, and net income for the quarter was ¥1,174 million, up 21.4%.」
As a result of advancing parts procurement, stable production and new product launches, net sales, operating profit, ordinary profit and net income for the nine months ended the third quarter all increased year on year. - FY2022-Q2AdvancedAnnual report
「The company took thorough measures to prevent COVID-19 infections and secure parts procurement, and worked to improve the competitiveness of customers' equipment by launching new products ahead of market needs and strengthening initiatives aimed at stable production to further improve customer satisfaction. As a result, net sales for the six months ended the second quarter were ¥4,680 million, up 15.6% year on year, operating profit was ¥936 million, up 14.4%, ordinary profit was ¥996 million, up 13.9%, and net income for the quarter was ¥720 million, up 13.2%.」
The company strengthened initiatives for new product launches and stable production, and net sales, operating profit, ordinary profit and net income for the quarter increased year on year. The figures are also stated as being after the application of the revenue recognition accounting standard. - FY2022-Q1AdvancedAnnual report
「Against this backdrop, the company implemented thorough measures to prevent COVID-19 infections and worked to improve the competitiveness of customers' equipment by launching new products ahead of market needs and strengthening initiatives aimed at stable production to further improve customer satisfaction. As a result, net sales for the three months ended the first quarter were ¥2,384 million, up 9.4% year on year, operating profit was ¥484 million, up 4.3%, ordinary profit was ¥519 million, up 3.6%, and net income for the quarter was ¥375 million, up 2.8%.」
The company strengthened initiatives for new product launches and stable production, and net sales, operating profit, ordinary profit and net income for the quarter all increased year on year. - FY2021-Q3AdvancedAnnual report
「Against this backdrop, the company implemented thorough measures to prevent COVID-19 infections and continued measures including working from home, securing workspaces in production departments, organizing areas and restricting movement between areas. It also worked to improve the competitiveness of customers' equipment by launching new products ahead of market needs to further improve customer satisfaction. As a result, net sales for the nine months ended the third quarter were ¥6,207 million, up 11.2% year on year, operating profit was ¥1,270 million, up 26.8%, ordinary profit was ¥1,333 million, up 27.1%, and net income for the quarter was ¥967 million, up 27.5%.」
While continuing infection prevention measures, the company launched new products, and net sales, operating profit, ordinary profit and net income for the quarter all increased year on year. - FY2021-Q2AdvancedAnnual report
「Against this backdrop, the company implemented thorough measures to prevent COVID-19 infections and continued measures including working from home, securing workspaces in production departments, organizing areas and restricting movement between areas. It also worked to improve the competitiveness of customers' equipment by launching new products ahead of market needs to further improve customer satisfaction. As a result, net sales for the six months ended the second quarter were ¥4,048 million, up 11.9% year on year, operating profit was ¥818 million, up 22.7%, ordinary profit was ¥874 million, up 25.0%, and net income for the quarter was ¥635 million, up 26.1%.」
While continuing infection prevention measures, the company launched new products, and net sales, operating profit, ordinary profit and net income for the six months ended the second quarter all increased year on year. - FY2021-Q1AdvancedAnnual report
「Against this backdrop, the company implemented thorough measures to prevent COVID-19 infections and continued measures including working from home, securing workspaces in production departments, organizing areas and restricting movement between areas. It also worked to improve the competitiveness of customers' equipment by launching new products ahead of market needs to further improve customer satisfaction. As a result, net sales for the three months ended the first quarter were ¥2,178 million, up 22.9% year on year, operating profit was ¥464 million, up 45.9%, ordinary profit was ¥501 million, up 46.2%, and net income for the quarter was ¥365 million, up 47.1%.」
Despite the COVID-19 pandemic, net sales, operating profit, ordinary profit and net income for the quarter all increased year on year. Infection prevention measures and new product launches were cited together. - FY2020Higher net sales and net income, lower operating and ordinary profitAnnual report
「Net sales for the fiscal year were ¥7,821 million, up 1.6% year on year. Operating profit was ¥1,467 million, down 4.9%, ordinary profit was ¥1,523 million, down 4.5%, and net income was ¥1,108 million, up 1.5%.」
Net sales and net income increased, while operating profit and ordinary profit declined. Results for the target indicators were an ordinary profit margin on net sales of 19.5%, an equity ratio of 80.9% and ROE of 9.73%, exceeding all 3 targets. - FY2020-Q3Continued lower sales and lower profitAnnual report
「As a result, net sales for the nine months ended the third quarter were ¥5,581 million, down 5.3% year on year. Operating profit was ¥1,001 million, down 16.7%, ordinary profit was ¥1,049 million, down 16.0%, and net income for the quarter was ¥758 million, down 14.7%, following active research and development activities. Operating profit, ordinary profit and net income for the quarter all declined year on year. As part of efforts to improve productivity, the manufacturing line was strengthened in May 2019. In addition to factors associated with the decline in net sales, the decreases resulted from the recording of depreciation and other expenses related to the equipment.」
In the nine months ended the third quarter, net sales, operating profit, ordinary profit and net income for the quarter also declined year on year. Depreciation and other expenses related to the manufacturing line strengthened in May 2019 continued to be cited as factors behind the decrease in profit. - FY2020-Q2Continued lower sales and lower profitAnnual report
「As a result, net sales for the six months ended the second quarter were ¥3,617 million, down 5.1% year on year. Operating profit was ¥667 million, down 12.4%, ordinary profit was ¥699 million, down 11.9%, and net income for the quarter was ¥504 million, down 11.0%, following active research and development activities. Operating profit, ordinary profit and net income for the quarter all declined year on year. As part of efforts to improve productivity, the manufacturing line was strengthened in May 2019. In addition to factors associated with the decline in net sales, the decreases resulted from the recording of depreciation and other expenses related to the equipment.」
Net sales, operating profit, ordinary profit and net income for the quarter declined year on year. In addition to the decline in net sales, depreciation and other expenses related to the manufacturing line strengthened in May 2019 were cited as factors behind the decrease in profit. - FY2020-Q1Revenue and Profit DeclineAnnual report
「As a result, net sales for the three months ended the first quarter were ¥1,773 million, down 13.0% year on year. Operating profit was ¥318 million, down 25.0%, ordinary profit was ¥343 million, down 24.0%, and net income for the quarter was ¥248 million, down 22.6%, following active research and development activities. Operating profit, ordinary profit and net income for the quarter all declined year on year. As part of efforts to improve productivity, the manufacturing line was strengthened in May 2019. In addition to factors associated with the decline in net sales, the decreases resulted from the recording of depreciation and other expenses related to the equipment.」
Net sales, operating profit, ordinary profit and net income for the quarter all declined year on year. In addition to the decline in net sales, depreciation and other expenses related to the manufacturing line strengthened in May 2019 were cited as factors behind the decrease in profit. - FY2019AchievedAnnual report
「The management indicators targeted by the company are: 1. ordinary profit margin on net sales: target of 18.0% or higher; 2. equity ratio: target of 80% or higher; and 3. return on equity (ROE): target of 8% or higher.」
The current-period results were an ordinary profit margin on net sales of 20.7%, an equity ratio of 82.4% and ROE of 10.69%, exceeding all 3 targets. Meanwhile, net sales and operating profit increased, while ordinary profit and net income for the period declined year on year due in part to a decrease in dividend income received. - FY2019-Q3Higher net sales and operating profit, lower ordinary and net profitAnnual report
「As a result, net sales for the nine months ended the third quarter were ¥5,893 million, up 14.0% year on year. Operating profit was ¥1,202 million, up 24.6%, as a result of improved productivity and efficient research and development activities. Ordinary profit was ¥1,248 million, down 9.5%, and net income for the quarter was ¥889 million, down 48.4%. Ordinary profit and net income for the quarter declined year on year due to a decrease in dividend income received and the recording of a gain on the sale of shares in an affiliate in the nine months ended the third quarter of the previous fiscal year.」
In the nine months ended the third quarter, net sales and operating profit increased year on year, while ordinary profit and net income for the quarter declined due to a decrease in dividend income received and the reversal of the gain on the sale of shares in an affiliate recorded in the previous year. - FY2019-Q2Higher net sales and operating profit, lower ordinary and net profitAnnual report
「As a result, net sales for the six months ended the second quarter were ¥3,812 million, up 14.8% year on year. Operating profit was ¥762 million, up 32.4%, as a result of improved productivity and efficient research and development activities. Ordinary profit was ¥794 million, down 19.2%, and net income for the quarter was ¥566 million, down 61.3%. Ordinary profit and net income for the quarter declined year on year due to a decrease in dividend income received and the recording of a gain on the sale of shares in an affiliate in the six months ended the second quarter of the previous fiscal year.」
Net sales and operating profit increased year on year, with improved productivity and efficient research and development activities cited as factors. Meanwhile, ordinary profit and net income for the quarter declined due to a decrease in dividend income received and the reversal of the gain on the sale of shares in an affiliate recorded in the previous year. - FY2019-Q1Higher net sales and operating profit, lower ordinary and net profitAnnual report
「As a result, net sales for the three months ended the first quarter were ¥2,038 million, up 16.6% year on year. Operating profit was ¥424 million, up 14.3%, as a result of improved productivity and efficient research and development activities. Ordinary profit was ¥451 million, down 41.5%, and net income for the quarter was ¥320 million, down 51.8%. Ordinary profit and net income for the quarter declined year on year due to a decrease in dividend income received.」
Net sales and operating profit increased year on year, while ordinary profit and net income for the quarter declined due to a decrease in dividend income received. - FY2018RaisedAnnual report
「Beginning with the current fiscal year, we have changed the target ordinary profit margin on net sales from 14.5% or higher to 18.0% or higher, an increase of 3.5 percentage points, in order to further expand high-value-added products and improve productivity.」
The target ordinary profit margin on net sales was raised from 14.5% or higher to 18.0% or higher. Actual results were 17.6% for the margin, 78.5% for the equity ratio and 7.09% for ROE. - FY2018-Q3AdvancedAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter were ¥5,667 million, up 1.4% year on year. Operating profit was ¥975 million, up 65.1%, and ordinary profit was ¥998 million, up 62.5%, as a result of improved productivity and efficient research and development activities. Net income attributable to owners of the parent was ¥387 million, down 8.1%, due to the recording of a loss on the sale of shares in an affiliate and an impairment loss on investment securities as extraordinary losses, and because net income attributable to non-controlling interests was recorded only for the three months ended the first quarter.」
Net sales increased 1.4% year on year, operating profit increased 65.1% and ordinary profit increased 62.5%, indicating specific progress in profitability. Meanwhile, net income attributable to owners of the parent declined 8.1% due in part to the loss on the sale of shares in an affiliate and the impairment loss on investment securities. - FY2018-Q2AdvancedAnnual report
「As a result, consolidated net sales for the six months ended the second quarter were ¥3,820 million, up 6.9% year on year. Operating profit was ¥585 million, up 77.6%, as a result of improved productivity and efficient research and development activities. Ordinary profit was ¥601 million, up 73.4%. Net income attributable to owners of the parent was ¥128 million, down 46.0%, due to the recording of a loss on the sale of shares in an affiliate as an extraordinary loss and because net income attributable to non-controlling interests was recorded only for the three months ended the first quarter.」
Net sales, operating profit and ordinary profit increased year on year, while net income attributable to owners of the parent declined due in part to the loss on the sale of shares in an affiliate. Improved productivity and efficient research and development activities were cited as factors behind the increase in profit. - FY2018-Q1AdvancedAnnual report
「As a result, consolidated net sales for the three months ended the first quarter were ¥2,246 million, up 25.5% year on year. Operating profit was ¥380 million, up 153.7%, as a result of improved productivity and efficient research and development activities. Ordinary profit was ¥389 million, up 142.5%. Net income attributable to owners of the parent was ¥1 million, down 98.9%, mainly because ¥317 million was recorded as an adjustment to income taxes.」
Net sales, operating profit and ordinary profit increased year on year, with improved productivity and efficient research and development activities cited as contributing factors. Meanwhile, net income attributable to owners of the parent was ¥1 million, down 98.9% year on year, due to the recording of a ¥317 million adjustment to income taxes. - FY2017AdvancedAnnual report
「The management indicators targeted by the Group are: 1. ordinary profit margin on net sales: target of 14.5% or higher; 2. equity ratio: target of 80%; and 3. return on equity (ROE): target of 8%.」
Specific targets were disclosed for profitability, financial strength and capital efficiency. FY2017 results were an ordinary profit margin on net sales of 12.0%, an equity ratio of 75.7% and ROE of 8.05%, with ROE exceeding its target. - FY2017-Q3AdvancedAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter were ¥5,590 million, up 11.1% year on year. Operating profit was ¥590 million, up 29.1%, due in part to efficient research and development activities. Ordinary profit was ¥614 million, up 26.0%, and net income attributable to owners of the parent was ¥421 million, up 30.9%.」
The trend of higher sales and profits seen in the six months ended the second quarter continued through the nine months ended the third quarter, with net sales and profit at each level increasing year on year. Efficient research and development activities were cited as a factor behind the increase in profit. - FY2017-Q2AdvancedAnnual report
「As a result, consolidated net sales for the six months ended the second quarter were ¥3,573 million, up 7.9% year on year. Operating profit was ¥329 million, up 22.4%, due in part to efficient research and development activities. Ordinary profit was ¥346 million, up 18.2%, and net income attributable to owners of the parent was ¥237 million, up 19.7%.」
For the six months ended the second quarter, net sales and profit at each level increased year on year, with efficient research and development activities cited as a factor behind the increase in operating profit. - FY2016First statedAnnual report
「Going forward, we will continue working to achieve a more balanced sales mix with new business areas while further improving profitability and financial strength.」
The company is indicating that it will reduce its dependence on the semiconductor manufacturing equipment sector and improve profitability and financial strength while balancing its sales mix with new business areas.