Decline in Revenue and Profit
First written in FY2016. 3 of 39 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-08-07.
Kel moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2019: 5 of 26 companies on the "Worse" side.
16 other companies' latest entry also says "Other".
- 2026-08-07OtherResults
「Net sales were ¥3.524 billion, up 19.7% from the same quarter of the previous year. On the earnings front, despite the challenging business environment caused by continued increases in raw material costs, sales to the industrial equipment market, our main market, expanded steadily, and profitability improved as a result of improvements in the sales mix and the earnings effect of higher sales. Operating profit was ¥80 million, up 427.5%, and ordinary profit was ¥112 million, up 238.7%.」
Actual results showed year-on-year increases in net sales, operating profit and ordinary profit. - FY2026Higher sales but substantially lower profitsAnnual report
「Net sales for the consolidated fiscal year were ¥1,285.7 million, up 8.3% year on year. In terms of earnings, operating profit was ¥28.4 million, down 52.3%, and ordinary profit was ¥38.4 million, down 34.3%.」
After lower revenue and earnings in FY2025, FY2026 saw net sales increase 8.3%, while operating profit fell 52.3%, ordinary profit 34.3% and net income attributable to owners of the parent 47.6%. - FY2026-H1Slight increase in sales, but sharp earnings declineAnnual report
「As a result, for the interim consolidated accounting period, net sales were ¥6,089 million, up 0.4% year on year. Profit was affected by soaring raw-material costs as well as growth investments, including the expansion of research and development and production facilities with a view to medium- and long-term growth. Operating income was ¥156 million, down 62.2% year on year; ordinary income was ¥204 million, down 38.3%; and interim net income attributable to owners of the parent was ¥134 million, down 35.1%.」
After lower revenue and earnings in the previous fiscal year, net sales for the interim period increased 0.4%, while operating profit fell 62.2%, ordinary profit 38.3% and interim net income attributable to owners of the parent 35.1%. - FY2025Lower revenue and earnings continuedAnnual report
「Net sales were ¥11,871,771 thousand, down 2.9% year on year, operating profit was ¥59.6 million, down 45.5%, ordinary profit was ¥58.5 million, down 53.8%, and net income attributable to owners of the parent was ¥40.1 million, down 52.9%.」
Following FY2024, revenue and earnings declined, with net sales down 2.9%, operating profit 45.5%, ordinary profit 53.8% and net income attributable to owners of the parent 52.9%. - FY2025-H1Lower revenue and earnings continue, with earnings trends divergingAnnual report
「For the interim consolidated accounting period, net sales were ¥606.5 million, down 4.8% year on year. In terms of earnings, operating profit was ¥41.4 million, down 41.4%. Ordinary profit was ¥33.1 million, down 61.1%, partly due to the recognition of ¥11.8 million in foreign exchange losses arising from the revaluation of foreign-currency-denominated receivables and payables. Interim net income attributable to owners of the parent was ¥20.7 million, down 63.9%.」
Lower revenue and earnings continued. While the rates of decline in net sales and operating profit narrowed from the cumulative results through FY2024-Q3, ordinary profit and interim net income attributable to owners of the parent fell 61.1% and 63.9%, respectively, year on year, and foreign exchange losses of ¥11.8 million also reduced ordinary profit. - FY2024-Q3Widening gap between revenue decline and profit declineAnnual report
「As a result, for the first nine months of the fiscal year, net sales were ¥930.3 million, down 14.3% year on year. In terms of earnings, operating profit was ¥94.3 million, down 50.9%, ordinary profit was ¥101.7 million, down 49.2%, and net income attributable to owners of the parent was ¥68.1 million, down 49.8%.」
Net sales fell 14.3% year on year, operating profit 50.9%, ordinary profit 49.2% and net income attributable to owners of the parent 49.8%. Lower revenue and earnings continued compared with the previous quarter's cumulative results, and the declines widened. - FY2024-Q2Lower revenue and earnings continuedAnnual report
「As a result, for the first six months of the fiscal year, net sales were ¥637.2 million, down 8.8% year on year. In terms of earnings, operating profit was ¥70.7 million, down 45.0%. Ordinary profit was ¥85.0 million, down 41.5%, partly due to the recognition of ¥10.1 million in foreign exchange gains arising from the revaluation of foreign-currency-denominated receivables and payables. Net income attributable to owners of the parent was ¥57.5 million, down 42.0%.」
Net sales fell 8.8% year on year, operating profit 45.0%, ordinary profit 41.5% and net income attributable to owners of the parent 42.0%, with lower revenue and earnings continuing following FY2024-Q1. - FY2024-Q1Reversed from higher revenue and profit to lower revenue and profitAnnual report
「As a result, for the first quarter of the fiscal year, net sales were ¥332.1 million, down 3.3% year on year. In terms of earnings, operating profit was ¥36.9 million, down 36.5%, ordinary profit was ¥49.7 million, down 27.1%, and net income attributable to owners of the parent was ¥34.1 million, down 27.1%.」
After higher revenue and earnings through FY2023 and the corresponding quarter of the previous fiscal year preceding FY2024-Q1, this quarter turned to declines of 3.3% in net sales, 36.5% in operating profit, 27.1% in ordinary profit and 27.1% in net income attributable to owners of the parent. Production adjustments in the industrial equipment and automotive equipment markets were cited as a factor behind the decline in sales. - FY2023Higher revenue and profit continuedAnnual report
「Net sales were ¥1,450 million, up 13.3% year on year. In terms of earnings, operating profit was ¥240 million, up 13.5%. Ordinary profit was ¥253.6 million, up 18.4%, partly due to the recognition of ¥11.6 million in foreign exchange gains arising from the revaluation of foreign-currency-denominated receivables and payables due to the weaker yen. Net income attributable to owners of the parent was ¥172.5 million, up 18.6%.」
Following FY2022, revenue and earnings increased, with net sales up 13.3%, operating profit 13.5%, ordinary profit 18.4% and net income attributable to owners of the parent 18.6%. - FY2023-Q3Higher revenue and profit continuedAnnual report
「As a result, for the first nine months of the fiscal year, net sales were ¥1,085.6 million, up 14.7% year on year. In terms of earnings, operating profit was ¥192.0 million, up 30.5%, ordinary profit was ¥200.2 million, up 32.8%, and net income attributable to owners of the parent was ¥135.8 million, up 33.2%.」
Net sales increased 14.7% year on year, operating profit 30.5%, ordinary profit 32.8% and net income attributable to owners of the parent 33.2%, with higher revenue and earnings continuing. - FY2023-Q2Higher revenue and profit continuedAnnual report
「As a result, for the first six months of the fiscal year, net sales were ¥698.4 million, up 13.5% year on year. In terms of earnings, operating profit was ¥128.7 million, up 34.3%. Ordinary profit was ¥145.4 million, up 47.4%, partly due to the recognition of ¥15.8 million in foreign exchange gains arising from the revaluation of foreign-currency-denominated receivables and payables. Net income attributable to owners of the parent was ¥99.2 million, up 49.3%.」
Net sales increased 13.5% year on year, operating profit 34.3%, ordinary profit 47.4% and net income attributable to owners of the parent 49.3%, with higher revenue and earnings continuing following FY2022 as a whole and FY2023-Q1. - FY2023-Q1Higher revenue and profit continuedAnnual report
「As a result, for the first quarter of the fiscal year, net sales were ¥343.3 million, up 10.9% year on year. In terms of earnings, operating profit was ¥58.1 million, up 38.9%, ordinary profit was ¥68.2 million, up 55.3%, and net income attributable to owners of the parent was ¥46.8 million, up 58.3%.」
Following the full year of FY2022 and the corresponding quarter of the previous fiscal year, which preceded FY2023-Q1, net sales increased 10.9% year on year, operating profit 38.9%, ordinary profit 55.3% and net income attributable to owners of the parent 58.3%, with higher revenue and earnings continuing. - FY2022Significant acceleration in higher revenue and earningsAnnual report
「Net sales were ¥1,279.3 million, up 25.9% year on year. In terms of earnings, operating profit was ¥211.4 million, up 114.0%, ordinary profit was ¥214.2 million, up 112.4%, and net income attributable to owners of the parent was ¥145.5 million, up 100.6%.」
After the decline in sales in FY2021, net sales increased 25.9%, operating profit 114.0%, ordinary profit 112.4% and net income 100.6%. - FY2022-Q3Higher revenue and earnings continue to increase significantlyAnnual report
「As a result, for the first nine months of the fiscal year, net sales were ¥946.1 million, up 28.1% year on year. In terms of earnings, operating profit was ¥147.1 million, up 135.4%, ordinary profit was ¥150.7 million, up 144.3%, and net income attributable to owners of the parent was ¥102.0 million, up 149.1%.」
Net sales increased 28.1% year on year, operating profit 135.4%, ordinary profit 144.3% and net income attributable to owners of the parent 149.1%, marking higher revenue and earnings following the second quarter of FY2022. - FY2022-Q2Significant acceleration in higher revenue and earningsAnnual report
「As a result, for the first six months of the fiscal year, net sales were ¥615.5 million, up 29.1% year on year. In terms of earnings, operating profit was ¥95.7 million, up 123.1%, ordinary profit was ¥98.6 million, up 126.7%, and net income attributable to owners of the parent was ¥66.4 million, up 124.5%.」
Net sales increased 29.1% year on year, operating profit 123.1%, ordinary profit 126.7% and net income attributable to owners of the parent 124.5%, with the increase in revenue and earnings accelerating significantly following FY2022-Q1. - FY2022-Q1Reversal to higher revenue and profitAnnual report
「As a result, for the first quarter of the fiscal year, net sales were ¥309.5 million, up 23.3% year on year. In terms of earnings, operating profit was ¥41.8 million, up 55.1%, ordinary profit was ¥43.9 million, up 55.0%, and net income attributable to owners of the parent was ¥29.6 million, up 51.9%.」
Net sales increased 23.3% year on year, operating profit 55.1%, ordinary profit 55.0% and net income attributable to owners of the parent 51.9%, turning from lower revenue and lower operating and ordinary profit for FY2021 as a whole to higher revenue and earnings in the first quarter of the 60th fiscal period. - FY2021Lower revenue and lower operating and ordinary profit, but higher net incomeAnnual report
「Although orders in the industrial equipment and automotive equipment markets remained high, orders declined in the imaging equipment, medical equipment and other markets. As a result, net sales for the consolidated fiscal year were ¥1,016.3 million, down 4.0% year on year. In terms of earnings, operating profit was ¥98.8 million, down 3.7%, and ordinary profit was ¥100.8 million, down 4.4%. Net income attributable to owners of the parent was ¥72.5 million, up 3.3%, due to the recognition of extraordinary income including gains on sales of investment securities.」
In FY2021, net sales, operating profit and ordinary profit declined year on year, while net income attributable to owners of the parent increased due to gains on sales of investment securities and other factors. - FY2021-Q3RestatedAnnual report
「As a result, sales to the industrial equipment market, including semiconductor manufacturing equipment, which was only marginally affected by COVID-19, and to the automotive equipment market remained strong. However, sales to the imaging equipment, amusement equipment and industrial machinery markets remained weak due to the continuing effects of stalled production activity and inventory adjustments. For the first nine months of the fiscal year, net sales were ¥738.4 million, down 6.1% year on year, operating profit was ¥62.5 million, down 5.0%, ordinary profit was ¥61.7 million, down 14.1%, due in part to the recognition of foreign exchange losses, and net income attributable to owners of the parent was ¥40.9 million, down 12.9%.」
The trend of lower revenue and lower earnings continued, with net sales down 6.1% year on year, operating profit down 5.0%, ordinary profit down 14.1% and net income attributable to owners of the parent down 12.9%. - FY2021-Q2Turned to lower revenue and lower earnings across all measuresAnnual report
「As a result, sales to the industrial equipment market, including semiconductor manufacturing equipment, which was only marginally affected by COVID-19, increased. However, sales to the imaging equipment and automotive equipment markets remained weak due to the continuing effects of stalled production activity and inventory adjustments, resulting in net sales of ¥476.6 million for the first six months of the fiscal year, down 8.5% year on year. In terms of earnings, partly due to efforts to control various expenses, operating profit was ¥42.9 million, down 1.3%, ordinary profit was ¥43.5 million, down 7.2%, and net income attributable to owners of the parent was ¥29.6 million, down 3.1%.」
After a sharp earnings increase despite lower revenue in FY2021-Q1, net sales, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year in the first six months. The company explained that efforts to control various expenses kept the decline in earnings below the decline in sales. - FY2021-Q1Significant Profit Growth Despite Lower RevenueAnnual report
「As a result, for the first quarter of the fiscal year, net sales were ¥251.0 million, down 1.0% year on year. In terms of earnings, operating profit was ¥26.9 million, up 78.5%, ordinary profit was ¥28.3 million, up 80.9%, and net income attributable to owners of the parent was ¥19.4 million, up 84.9%.」
Net sales fell 1.0% year on year, while operating profit increased 78.5%, ordinary profit 80.9% and net income attributable to owners of the parent 84.9%. Earnings improved significantly despite the decline in sales. - FY2020Reversal to higher revenue and profitAnnual report
「Net sales for the consolidated fiscal year were ¥1,059.1 million, up 4.0% year on year. In terms of earnings, ordinary profit was ¥105.5 million, up 19.7%, and net income attributable to owners of the parent was ¥70.2 million, up 19.8%.」
After lower revenue and earnings in the previous fiscal year, FY2020 turned to increases of 4.0% in net sales, 19.7% in ordinary profit and 19.8% in net income attributable to owners of the parent, resulting in higher revenue and earnings. - FY2020-Q3Shift to higher sales and earningsAnnual report
「As a result, although sales to the industrial equipment and imaging equipment markets declined due to slower capital investment and inventory adjustments, sales to the automotive equipment market increased significantly, while the medical equipment and amusement equipment markets remained solid. For the first nine months of the fiscal year, net sales were ¥786.3 million, up 1.3% year on year. In terms of earnings, operating profit was ¥65.8 million, up 15.8%, ordinary profit was ¥71.8 million, up 10.7%, and net income attributable to owners of the parent was ¥47.0 million, up 9.9%.」
Net sales increased 1.3% year on year, operating profit 15.8%, ordinary profit 10.7% and net income attributable to owners of the parent 9.9%, turning the earnings trend from declines through the previous quarter to higher revenue and earnings for the first nine months. - FY2020-Q2Higher revenue and operating profit, but lower ordinary profit and net incomeAnnual report
「As a result, although sales to the industrial equipment and imaging equipment markets declined due to slower capital investment and inventory adjustments, sales to the automotive equipment market increased significantly, while the medical equipment and amusement equipment markets remained solid. Net sales for the first six months of the fiscal year were ¥520.9 million, up 1.3% year on year. In terms of earnings, operating profit was ¥43.5 million, up 1.0%, while ordinary profit was ¥46.9 million, down 8.6%, due to a decline in non-operating income, including foreign exchange gains, and net income attributable to owners of the parent was ¥30.5 million, down 11.0%.」
Net sales increased 1.3% year on year and operating profit 1.0%, while ordinary profit fell 8.6% and net income attributable to owners of the parent 11.0% due to lower non-operating income, including foreign exchange gains. - FY2020-Q1Revenue and earnings declines are accelerating year on yearAnnual report
「As a result, for the first quarter of the fiscal year, net sales were ¥253.7 million, down 0.6% year on year. In terms of earnings, operating profit was ¥15.1 million, down 13.5%, ordinary profit was ¥15.6 million, down 35.5%, and net income attributable to owners of the parent was ¥10.5 million, down 36.5%.」
Net sales fell 0.6% year on year, operating profit 13.5%, ordinary profit 35.5% and net income attributable to owners of the parent 36.5%, marking lower revenue and earnings following the second and third quarters and full-year results of FY2019. - FY2019Shift to Lower Revenue and Operating ProfitAnnual report
「However, due to the impact of declining demand in the industrial equipment and amusement equipment markets, net sales for the consolidated fiscal year were ¥1,018.5 million, down 1.9% year on year. In terms of earnings, ordinary profit was ¥88.1 million, down 8.4%, and net income attributable to owners of the parent was ¥58.6 million, down 6.3%.」
After higher revenue and earnings through the previous fiscal year, FY2019 turned to declines of 1.9% in net sales, 8.4% in ordinary profit and 6.3% in net income attributable to owners of the parent. - FY2019-Q3Slight increase in sales, but earnings decline continuesAnnual report
「As a result, for the first nine months of the fiscal year, net sales were ¥775.9 million, up 0.1% year on year. In terms of earnings, operating profit was ¥56.8 million, down 23.0%, ordinary profit was ¥64.8 million, down 12.6%, and net income attributable to owners of the parent was ¥42.8 million, down 14.0%.」
Net sales increased only slightly, by 0.1% year on year, while operating profit fell 23.0%, ordinary profit 12.6% and net income attributable to owners of the parent 14.0%, resulting in an earnings decline for the second consecutive quarter. - FY2019-Q2Reversed from higher revenue and profit to lower revenue and profitAnnual report
「As a result, although sales to the industrial equipment and industrial machinery markets remained strong, net sales for the first six months of the fiscal year were ¥514.2 million, down 0.9% year on year, due partly to the contraction of the market and stricter regulations, which reduced sales to the amusement equipment market. In terms of earnings, operating profit was ¥43.0 million, down 22.8%, due to higher fixed costs including depreciation and selling expenses. Despite an increase in non-operating income, including foreign exchange gains, ordinary profit was ¥51.3 million, down 10.4%, and net income attributable to owners of the parent was ¥34.3 million, down 11.2%.」
After higher revenue and earnings through FY2018 and FY2019-Q1, the first six months turned to declines of 0.9% in net sales, 22.8% in operating profit, 10.4% in ordinary profit and 11.2% in net income attributable to owners of the parent. The decline in sales to the amusement equipment market and higher fixed costs were cited as the causes. - FY2019-Q1Higher revenue and profit continuedAnnual report
「As a result, for the first quarter of the fiscal year, net sales were ¥255.1 million, up 7.2% year on year. In terms of earnings, operating profit was ¥17.4 million, up 1.1%, ordinary profit was ¥24.3 million, up 33.0%, and net income attributable to owners of the parent was ¥16.6 million, up 31.7%.」
Net sales increased 7.2% year on year, operating profit 1.1%, ordinary profit 33.0% and net income attributable to owners of the parent 31.7%, marking higher revenue and earnings following each quarter of FY2017 and FY2018. - FY2018Higher revenue and profit continuedAnnual report
「As a result, net sales for the consolidated fiscal year were ¥1,037.9 million, up 7.3% year on year. In terms of earnings, ordinary profit was ¥96.2 million, up 12.7%, and net income attributable to owners of the parent was ¥62.5 million, up 6.9%.」
Net sales, ordinary profit and net income attributable to owners of the parent increased year on year, resulting in higher revenue and earnings for each quarter of FY2017 and FY2018. - FY2018-Q3Higher revenue and profit continuedAnnual report
「As a result, during the cumulative third quarter of the fiscal year, net sales were ¥7,752 million, up 10.5% from the same quarter of the previous year. Operating profit was ¥738 million, up 54.5%; ordinary profit was ¥742 million, up 21.4%; and net income attributable to owners of the parent was ¥497 million, up 17.1%.」
Net sales increased 10.5%, operating profit 54.5%, ordinary profit 21.4%, and net income attributable to owners of the parent 17.1% year on year, recording higher sales and profit following FY2017 as a whole and the first and second quarters of FY2018. - FY2018-Q2Higher revenue and profit continuedAnnual report
「As a result, reflecting the sustained high level of sales to the industrial and factory equipment markets, net sales during the cumulative second quarter of the fiscal year were ¥5,188 million, up 13.7% from the same quarter of the previous year. Operating profit was ¥557 million, up 70.5%; ordinary profit was ¥573 million, up 63.3%; and net income attributable to owners of the parent was ¥386 million, up 53.7%.」
Net sales increased 13.7%, operating profit 70.5%, ordinary profit 63.3%, and net income attributable to owners of the parent 53.7% year on year, recording higher sales and profit following FY2017 as a whole and FY2018-Q1. - FY2018-Q1Revenue and profit growth continued year on yearAnnual report
「As a result, during the cumulative first quarter of the fiscal year, net sales were ¥2,380 million, up 10.5% from the same quarter of the previous year. Operating profit was ¥172 million, up 141.5%; ordinary profit was ¥182 million, up 219.9%; and net income attributable to owners of the parent was ¥126 million, up 250.4%.」
Net sales increased 10.5%, operating profit 141.5%, ordinary profit 219.9%, and net income attributable to owners of the parent 250.4% year on year, recording higher sales and profit following FY2017 as a whole. - FY2017Turnaround from declining revenue and earnings to revenue and earnings growthAnnual report
「Net sales for the fiscal year were ¥9,671 million, up 4.9% from the previous consolidated fiscal year. In terms of profit, ordinary profit was ¥853 million, up 1.4%, and net income attributable to owners of the parent was ¥584 million, up 10.6%.」
Following the downward trend described for the previous fiscal year and the first through third quarters of FY2017, net sales, ordinary profit, and net income attributable to owners of the parent all increased for the full fiscal year. - FY2017-Q3WorsenedAnnual report
「As a result, during the cumulative third quarter of the fiscal year, net sales were ¥7,016 million, down 1.0% from the same quarter of the previous year. Operating profit was ¥477 million, down 22.1%; ordinary profit was ¥611 million, down 6.8%; and net income attributable to owners of the parent was ¥424 million, up 0.7%.」
For the cumulative third quarter, net sales, operating profit, and ordinary profit declined year on year, continuing the downward trend in sales, operating profit, and ordinary profit. Meanwhile, net income attributable to owners of the parent increased 0.7%. - FY2017-Q2WorsenedAnnual report
「As a result, during the cumulative second quarter of the fiscal year, net sales were ¥4,562 million, down 7.9% from the same period of the previous year. Operating profit was ¥327 million, down 40.8%; ordinary profit was ¥351 million, down 36.3%; and net income attributable to owners of the parent was ¥251 million, down 28.5%.」
For the cumulative second quarter, net sales, operating profit, ordinary profit, and net income attributable to owners of the parent declined 7.9%, 40.8%, 36.3%, and 28.5%, respectively, year on year. The disclosure recorded declines following the previous fiscal year and the first quarter. - FY2017-Q1WorsenedAnnual report
「As a result, during the cumulative first quarter of the fiscal year, net sales were ¥2,154 million, down 12.7% from the same quarter of the previous year. Operating profit was ¥71 million, down 72.8%; ordinary profit was ¥57 million, down 78.8%; and net income attributable to owners of the parent was ¥36 million, down 79.6%.」
Compared with the same quarter of the previous year, net sales declined 12.7%, operating profit 72.8%, ordinary profit 78.8%, and net income attributable to owners of the parent 79.6%, recording a quarterly decline in results following FY2016. - FY2016First statedAnnual report
「As a result, net sales for the fiscal year were ¥9,215 million, down 6.2% from the previous consolidated fiscal year. In terms of profit, ordinary profit was ¥841 million, down 24.6%, and net income attributable to owners of the parent was ¥528 million, down 33.6%.」
The results for FY2016 showed declines in net sales, ordinary profit, and net income attributable to owners of the parent.