Enhancing Corporate Value and Securing Sustainable Earnings
First written in FY2016. 24 of 41 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-07-29.
Fdk moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
26 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, operating profit increased by ¥272 million from the previous consolidated fiscal year to ¥1,667 million, helped by a reduction in selling, general and administrative expenses resulting from lower pro forma standard taxation following changes in capital and other items. Ordinary profit increased by ¥154 million to ¥1,416 million. Although the Company recorded impairment losses of ¥329 million on fixed assets including those related to alkaline dry-cell batteries and ¥140 million in business-structure improvement expenses related to career-transition support, net income attributable to owners of the parent increased by ¥208 million to ¥745 million owing to lower tax expenses.」
Although net sales declined, operating profit, ordinary profit and net income attributable to owners of the parent all increased from the previous year. The figures related to improving corporate value and securing profitability moved in a positive direction, but the R2 plan target itself was not achieved. - FY2026-H1WorsenedAnnual report
「As a result, net sales declined by ¥2,883 million, or 8.8%, from the previous interim consolidated accounting period to ¥29.776 billion. In terms of profit and loss, the Battery Business posted lower profit overall owing to lower sales and foreign exchange effects, despite the impact of fluctuations in raw material prices and cost reductions through technical value engineering. The Electronics Business posted lower profit owing to lower sales. Operating profit declined by ¥232 million to ¥553 million, despite a reduction in selling, general and administrative expenses resulting from lower pro forma standard taxation following changes in capital and other items. Ordinary profit declined by ¥186 million to ¥445 million. Interim net income attributable to owners of the parent declined by ¥231 million to ¥121 million owing to the recording of a ¥188 million impairment loss on fixed assets related to alkaline dry-cell batteries, although all three figures were better than initially forecast.」
Net sales, operating profit, ordinary profit and interim net income attributable to owners of the parent all fell below the same period of the previous year, and the figures related to securing profitability deteriorated. The disclosure states, however, that results were better than initially forecast. - FY2025AdvancedAnnual report
「As a result, net sales for the consolidated fiscal year were ¥63.171 billion, operating profit was ¥1,394 million, ordinary profit was ¥1,261 million, and net income attributable to owners of the parent was ¥536 million, exceeding all targets.」
For the fiscal year ending March 2025, net sales, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the annual targets. - FY2025-H1AdvancedAnnual report
「As a result, net sales increased by ¥2,413 million, or 8.0%, from the previous interim consolidated accounting period to ¥32.659 billion. In terms of profit and loss, the Battery Business turned profitable owing to higher sales and changes in raw material prices, with the effect of the weaker yen providing an additional benefit. The Electronics Business was broadly unchanged from the previous interim consolidated accounting period. Operating profit was ¥785 million, compared with an operating loss of ¥76 million in the previous interim consolidated accounting period. Ordinary profit increased by ¥495 million to ¥631 million, despite the recording of a ¥105 million foreign exchange loss and other items as non-operating expenses. Interim net income attributable to owners of the parent was ¥352 million, compared with an interim net loss attributable to owners of the parent of ¥35 million in the previous interim consolidated accounting period. All three figures were better than initially forecast.」
Net sales increased 8.0% year on year, while operating profit improved from a loss of ¥76 million to a profit of ¥785 million, and interim net profit or loss attributable to owners of the parent improved from a loss of ¥35 million to a profit of ¥352 million. - FY2024WorsenedAnnual report
「In terms of profit and loss, the Battery Business turned profitable through a review of selling prices and the effect of the weaker yen, despite lower profit from rising raw material prices. The Electronics Business benefited from higher profit through expense reductions, but posted lower profit owing to the significant impact of lower sales. As a result, operating profit declined by ¥220 million from the previous consolidated fiscal year to ¥568 million. Ordinary profit declined by ¥131 million to ¥720 million. Although the Company recorded an extraordinary gain of ¥517 million from negative goodwill arising from the acquisition of the equity interest in BAOTOU SANTOKU BATTERY MATERIALS CO., LTD., net income attributable to owners of the parent declined by ¥197 million to ¥120 million owing to ¥718 million in impairment losses on fixed assets related to SMD-compatible small all-solid-state batteries and alkaline dry-cell batteries.」
The Battery Business turned profitable, but consolidated operating profit, ordinary profit and net income attributable to owners of the parent all fell below the previous year, and the figures related to securing recurring profitability deteriorated. - FY2024-Q3WorsenedAnnual report
「In terms of profit and loss, both businesses posted lower profit. The Battery Business was significantly affected by lower profit from changes in the models of nickel-metal hydride batteries sold and by rising raw material prices, while the Electronics Business was significantly affected by lower sales. These effects could not be fully offset by expense reductions and a review of selling prices. As a result, operating profit declined by ¥714 million from the third quarter of the previous fiscal year to ¥105 million. Ordinary profit was ¥234 million, down ¥661 million despite the recording of an ¥87 million foreign exchange gain as non-operating income. The quarterly net loss attributable to owners of the parent was ¥52 million, owing to impairment losses and income taxes, compared with quarterly net income attributable to owners of the parent of ¥503 million in the same period of the previous year.」
Operating profit declined from ¥820 million in the same period of the previous year to ¥105 million, ordinary profit from ¥896 million to ¥234 million, and quarterly net profit or loss attributable to owners of the parent turned from a profit of ¥503 million to a loss of ¥52 million. The figures related to securing recurring profitability deteriorated. - FY2024-Q2WorsenedAnnual report
「As a result, net sales declined by ¥1,487 million, or 4.7%, from the second quarter of the previous fiscal year to ¥30.246 billion. In terms of profit and loss, both businesses posted lower profit, as the Battery Business was significantly affected by lower sales of nickel-metal hydride batteries and rising raw material prices, while the Electronics Business was significantly affected by lower sales. These effects could not be fully offset by expense reductions and a review of selling prices.」
Net sales declined 4.7% year on year, and both businesses posted lower profit. Expense reductions and a review of selling prices could not fully offset the impact of lower sales and rising raw material prices, and the figures related to improving corporate value and securing recurring profitability deteriorated. - FY2024-Q1WorsenedAnnual report
「In terms of profit and loss, the Battery Business posted lower profit owing to the significant impact of rising raw material and utility costs, despite higher profit from expense reductions. The Electronics Business posted higher profit through changes in the models sold and expense reductions, despite lower profit from declining sales. As a result, the operating loss was ¥135 million, compared with operating profit of ¥322 million in the first quarter of the previous fiscal year. Ordinary profit was ¥48 million, down ¥405 million from the same period of the previous year despite the recording of a ¥156 million foreign exchange gain as non-operating income. The quarterly net loss attributable to owners of the parent was ¥114 million, owing to impairment losses and income taxes, compared with quarterly net income attributable to owners of the parent of ¥166 million in the same period of the previous year. All three figures were, however, better than initially forecast.」
Despite improvement factors including expense reductions and changes in the models sold, operating profit or loss deteriorated from profit of ¥322 million to a loss of ¥135 million, ordinary profit declined from ¥454 million to ¥48 million, and quarterly net profit or loss attributable to owners of the parent deteriorated from profit of ¥166 million to a loss of ¥114 million. - FY2023WorsenedAnnual report
「In terms of profit and loss, the Battery Business posted lower profit owing to the impact of rising raw material prices and utilities costs and lower sales, despite higher profit from expense reductions and foreign exchange effects. The Electronics Business posted higher profit through increased sales of various modules, despite lower profit from foreign exchange effects. As a result, operating profit declined by ¥1,294 million from the previous consolidated fiscal year to ¥789 million. Ordinary profit declined by ¥1,117 million to ¥851 million, despite the recording of a ¥122 million foreign exchange gain as non-operating income. Net income attributable to owners of the parent declined by ¥422 million to ¥318 million, owing to impairment losses and income taxes, despite the recording of ¥200 million in subsidy income from Tottori Prefecture as an extraordinary gain.」
In terms of recurring profitability, operating profit declined from ¥2,083 million to ¥789 million, ordinary profit from ¥1,968 million to ¥851 million, and net income attributable to owners of the parent from ¥740 million to ¥318 million. - FY2023-Q3WorsenedAnnual report
「As a result, operating profit declined by ¥1,146 million from the third quarter of the previous fiscal year to ¥820 million. Ordinary profit declined by ¥936 million to ¥896 million, despite the recording of a ¥140 million foreign exchange gain as non-operating income. The Company recorded ¥200 million in subsidy income from Tottori Prefecture as an extraordinary gain, but net income attributable to owners of the parent declined by ¥1,403 million to ¥503 million, owing in part to the ¥459 million gain on liquidation of an affiliated company recorded as an extraordinary gain in the third quarter of the previous fiscal year and an increase in deferred income taxes.」
Net sales increased 2.6% year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent all fell below the same period of the previous year. The figures related to securing recurring profitability deteriorated. - FY2023-Q2WorsenedAnnual report
「In terms of profit and loss, the Battery Business posted lower profit despite higher profit from foreign exchange effects in addition to expense reductions, because of the significant impact of rising raw material prices. The Electronics Business benefited from higher profit through increased sales of various modules, but posted lower profit owing to the effects of foreign exchange and rising raw material prices. As a result, operating profit declined by ¥722 million from the second quarter of the previous fiscal year to ¥670 million. Ordinary profit declined by ¥462 million to ¥839 million, despite the recording of a ¥240 million foreign exchange gain as non-operating income. The Company recorded ¥200 million in subsidy income from Tottori Prefecture as an extraordinary gain, but net income attributable to owners of the parent declined by ¥858 million to ¥583 million, owing in part to the ¥459 million gain on liquidation of an affiliated company recorded as an extraordinary gain in the second quarter of the previous fiscal year and an increase in deferred income taxes.」
Net sales increased 3.8% year on year, while operating profit was ¥670 million, ordinary profit was ¥839 million and quarterly net income attributable to owners of the parent was ¥583 million, all below the same period of the previous year. The figures related to securing recurring profitability deteriorated owing to rising raw material prices, foreign exchange effects and other factors. - FY2023-Q1WorsenedAnnual report
「As a result, operating profit was ¥322 million, down ¥406 million from the first quarter of the previous fiscal year and broadly in line with the initial forecast. Ordinary profit declined by ¥237 million to ¥454 million. Net income attributable to owners of the parent declined by ¥907 million to ¥166 million, owing to the ¥459 million gain on liquidation of an affiliated company recorded as an extraordinary gain in the first quarter of the previous fiscal year and an increase in deferred income taxes.」
Although net sales increased, operating profit declined from ¥729 million to ¥322 million, ordinary profit from ¥691 million to ¥454 million, and quarterly net income attributable to owners of the parent from ¥1,074 million to ¥166 million. The figures related to securing recurring profitability deteriorated. - FY2022Operating profit improved while net income declinedAnnual report
「Consolidated operating profit increased by ¥339 million from the previous consolidated fiscal year to ¥2,083 million. Although profit declined owing to lower sales of alkaline dry-cell batteries and the impact of rising raw material prices, this was more than offset by higher profit from increased sales of nickel-metal hydride batteries, equipment-related businesses and various modules. Net income attributable to owners of the parent declined by ¥1,268 million to ¥740 million. Although the Company recorded extraordinary gains including a ¥459 million gain on liquidation of an affiliated company and a ¥13 million gain on the sale of shares in an affiliated company, it recorded an extraordinary loss of ¥1,213 million for impairment of fixed assets related to alkaline dry-cell batteries.」
Operating profit increased to ¥2,083 million, while net income attributable to owners of the parent declined to ¥740 million owing to ¥1,213 million in impairment losses related to alkaline dry-cell batteries. In terms of recurring profitability, improvement at the operating level coexisted with deterioration in final profit. - FY2022-Q3AdvancedAnnual report
「As a result, operating profit increased by ¥593 million from the third quarter of the previous fiscal year to ¥1,966 million, ordinary profit increased by ¥937 million to ¥1,832 million, and net income attributable to owners of the parent increased by ¥251 million to ¥1,907 million, owing to the recording of extraordinary gains including a ¥459 million gain on liquidation of an affiliated company and a ¥13 million gain on the sale of shares in an affiliated company.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the same period of the previous year, indicating progress toward securing recurring profitability. - FY2022-Q2AdvancedAnnual report
「As a result, operating profit increased by ¥428 million from the second quarter of the previous fiscal year to ¥1,392 million, ordinary profit increased by ¥592 million to ¥1,302 million, and net income attributable to owners of the parent increased by ¥939 million to ¥1,441 million, owing to the recording of extraordinary gains including a ¥459 million gain on liquidation of an affiliated company and a ¥13 million gain on the sale of shares in an affiliated company.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the same period of the previous year, indicating progress toward securing recurring profitability. - FY2022-Q1AdvancedAnnual report
「As a result, net sales increased by ¥609 million, or 4.3%, from the first quarter of the previous fiscal year to ¥14.866 billion. Operating profit increased by ¥284 million to ¥729 million, ordinary profit increased by ¥335 million to ¥691 million, and net income attributable to owners of the parent increased by ¥778 million to ¥1,074 million, owing to the recording of a ¥459 million gain on liquidation of an affiliated company.」
Net sales, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the same period of the previous year in the first quarter, demonstrating results toward securing recurring profitability. - FY2021AdvancedAnnual report
「Operating profit increased by ¥902 million from the previous consolidated fiscal year to ¥1,743 million, owing to higher sales of alkaline dry-cell and lithium batteries, improved profit and loss in the Electronics Business through selective concentration, and lower fixed costs following the transfer of part of the business and the career-transition support program implemented in the previous consolidated fiscal year.」
Against a backdrop of selective concentration, the transfer of a business and lower fixed costs from the career-transition support program, operating profit increased from ¥841 million to ¥1,743 million, and net income attributable to owners of the parent was ¥2,009 million. The annual results showed progress toward securing recurring profitability. - FY2021-Q3AdvancedAnnual report
「The Electronics Business posted a profit for the third consecutive quarter through improved profit and loss from selective concentration and the reduction in fixed costs following the transfer of part of the business in the previous consolidated fiscal year. The reduction in company-wide fixed costs from the career-transition support program implemented in the previous consolidated fiscal year also contributed. Operating profit increased by ¥562 million from the third quarter of the previous fiscal year to ¥1,373 million. Despite recording a ¥485 million foreign exchange loss and other items, ordinary profit increased by ¥211 million to ¥895 million. Net income attributable to owners of the parent was ¥1,655 million, owing in part to a ¥968 million gain on the sale of shares in an affiliated company, compared with a net loss attributable to owners of the parent of ¥933 million in the third quarter of the previous fiscal year.」
Against a backdrop of selective concentration, lower fixed costs following the transfer of part of the business, and fixed-cost reductions from the career-transition support program, the Electronics Business posted a profit for the third consecutive quarter. Operating profit, ordinary profit and quarterly net income attributable to owners of the parent also improved from the same period of the previous year. - FY2021-Q2AdvancedAnnual report
「In addition, the reduction in company-wide fixed costs resulting from the career-transition support program implemented in the previous consolidated fiscal year and the impairment of fixed assets at overseas subsidiaries contributed to an increase of ¥927 million in operating profit to ¥963 million. Ordinary profit was ¥709 million, despite the recording of a ¥63 million gain on the sale of fixed assets and a ¥284 million foreign exchange loss and other items, compared with an ordinary loss of ¥37 million in the second quarter of the previous fiscal year. Net income attributable to owners of the parent was ¥502 million, compared with a quarterly net loss attributable to owners of the parent of ¥685 million in the same period of the previous year.」
Operating profit improved from ¥36 million in the same period of the previous year to ¥963 million, ordinary profit from a loss of ¥37 million to a profit of ¥709 million, and quarterly net income attributable to owners of the parent from a loss of ¥685 million to a profit of ¥502 million. The figures show concrete improvement toward securing recurring profitability. - FY2021-Q1AdvancedAnnual report
「Operating profit was ¥444 million, compared with an operating loss of ¥209 million in the first quarter of the previous fiscal year; ordinary profit was ¥355 million, compared with an ordinary loss of ¥298 million; and quarterly net income attributable to owners of the parent was ¥296 million, compared with a quarterly net loss attributable to owners of the parent of ¥1,194 million. All three measures represented the first profitable first-quarter results in 5 years.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent all turned from losses in the same period of the previous year to profits, resulting in the first profitable first-quarter results in 5 years. - FY2020WorsenedAnnual report
「Net sales declined by ¥9,989 million, or 13.9%, from the previous consolidated fiscal year to ¥62.123 billion. Net loss attributable to owners of the parent was ¥2,340 million, compared with a net loss attributable to owners of the parent of ¥290 million in the previous consolidated fiscal year.」
Net sales declined 13.9%, and net loss attributable to owners of the parent widened from ¥290 million to ¥2,340 million. Although operating profit increased, the figures indicated deterioration overall in terms of securing recurring profitability. - FY2020-Q3WorsenedAnnual report
「As a result, net sales declined by ¥7,775 million, or 14.0%, from the third quarter of the previous fiscal year to ¥47.573 billion. In terms of profit and loss, the Battery Business posted lower profit because sales of nickel-metal hydride and alkaline dry-cell batteries for consumer markets declined, despite efforts to reduce costs and expenses. The Electronics Business narrowed its loss through selective concentration on higher-value-added products and fixed-cost reductions. Operating profit declined by ¥226 million to ¥811 million, while ordinary profit declined by ¥615 million to ¥684 million. The Company recorded extraordinary gains and losses including a ¥745 million loss on the transfer of part of the Electronics Business during the second quarter, a ¥331 million gain on the sale of investments in an affiliated company following the transfer of its equity interest, and an ¥868 million loss related to career-transition support during the third quarter. As a result, quarterly net loss attributable to owners of the parent was ¥933 million, compared with quarterly net income attributable to owners of the parent of ¥391 million in the same period of the previous year.」
Net sales declined 14.0% year on year, and operating profit and ordinary profit also decreased. Quarterly net profit or loss attributable to owners of the parent turned from a profit of ¥391 million to a loss of ¥933 million. The figures related to recurring profitability deteriorated. - FY2020-Q2WorsenedAnnual report
「As a result, net sales declined by ¥4,376 million, or 12.0%, from the second quarter of the previous fiscal year to ¥31.986 billion. Operating profit declined by ¥183 million to ¥36 million, while the Company posted an ordinary loss of ¥37 million, compared with ordinary profit of ¥631 million in the same period of the previous year. In addition, the recording of an extraordinary loss of ¥745 million on the transfer of part of the Electronics Business resulted in a quarterly net loss attributable to owners of the parent of ¥685 million, compared with quarterly net income attributable to owners of the parent of ¥390 million in the same period of the previous year.」
Net sales declined 12.0% year on year, operating profit fell to ¥36 million, the ordinary loss was ¥37 million, and the quarterly net loss attributable to owners of the parent was ¥685 million. The figures related to recurring profitability deteriorated. - FY2020-Q1WorsenedAnnual report
「As a result, net sales declined by ¥1,046 million, or 6.0%, from the first quarter of the previous fiscal year to ¥16.430 billion. In terms of profit and loss, the Battery Business posted lower profit because sales of nickel-metal hydride batteries for overseas consumer markets declined, despite efforts to reduce costs and expenses. The operating loss was ¥209 million, compared with an operating loss of ¥123 million in the first quarter of the previous fiscal year, and the ordinary loss was ¥298 million, compared with ordinary profit of ¥193 million in the same period of the previous year. In addition, the Company recorded an extraordinary loss of ¥745 million as a provision for losses on the transfer of part of the Electronics Business, resulting in a quarterly net loss attributable to owners of the parent of ¥1,194 million, compared with quarterly net income attributable to owners of the parent of ¥83 million in the same period of the previous year.」
Net sales declined 6.0% year on year, while operating profit or loss, ordinary profit or loss and quarterly net profit or loss attributable to owners of the parent all deteriorated. The decline in sales of nickel-metal hydride batteries for overseas consumer markets and the provision for losses on the transfer of a business affected results despite efforts to reduce costs and expenses. - FY2019AdvancedAnnual report
「As management targets for the fiscal year ending March 2019, the Company aimed for net sales of ¥74.0 billion, operating profit of ¥700 million, ordinary profit of ¥200 million and net income attributable to owners of the parent of ¥100 million. As a result, net sales for the consolidated fiscal year were ¥72.113 billion, operating profit was ¥823 million, ordinary profit was ¥718 million, and net loss attributable to owners of the parent was ¥290 million. Net sales and net income attributable to owners of the parent fell short of the targets, while operating profit and ordinary profit exceeded them.」
Compared with the targets for the fiscal year ending March 2019, operating profit and ordinary profit exceeded expectations, while net sales and net income attributable to owners of the parent fell short. Net loss attributable to owners of the parent narrowed from ¥630 million in the previous year to ¥290 million. - FY2019-Q3AdvancedAnnual report
「In terms of profit and loss, despite the impact of rising raw material prices, operating profit increased by ¥399 million from the third quarter of the previous fiscal year to ¥1,037 million, owing to higher sales, cost reductions and foreign exchange effects. Ordinary profit increased by ¥870 million to ¥1,299 million, owing to the recording of a ¥408 million foreign exchange gain as non-operating income. Although the Company recorded ¥637 million in extraordinary losses as losses on liquidation of subsidiaries, including impairment losses on fixed assets and compensation payments to employees in preparation for the liquidation of SUZHOU FDK CO., LTD. following the suspension of its operations, quarterly net income attributable to owners of the parent increased by ¥165 million from the same period of the previous year to ¥391 million.」
Operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the same period of the previous year, indicating improved profitability driven by higher sales, cost reductions and foreign exchange effects. - FY2019-Q2AdvancedAnnual report
「In terms of profit and loss, despite the impact of rising raw material prices, operating profit increased by ¥85 million from the second quarter of the previous fiscal year to ¥220 million, owing to higher sales, cost reductions and foreign exchange effects. Ordinary profit increased by ¥627 million to ¥631 million, owing to the recording of a ¥578 million foreign exchange gain as non-operating income. Net income attributable to owners of the parent was ¥390 million, compared with a quarterly net loss attributable to owners of the parent of ¥175 million in the same period of the previous year.」
For the six months ended in the second quarter, operating profit was ¥220 million and ordinary profit was ¥631 million. Quarterly net income attributable to owners of the parent also turned from a loss of ¥175 million to a profit of ¥390 million. - FY2019-Q1AdvancedAnnual report
「As a result, the operating loss was ¥123 million, compared with an operating loss of ¥157 million in the first quarter of the previous fiscal year. Ordinary profit was ¥193 million, owing to the recording of a ¥335 million foreign exchange gain as non-operating income, compared with an ordinary loss of ¥161 million in the first quarter of the previous fiscal year. Net income attributable to owners of the parent was ¥83 million, compared with a quarterly net loss attributable to owners of the parent of ¥281 million in the same period of the previous year.」
The operating loss narrowed from ¥157 million in the same period of the previous year to ¥123 million, while ordinary profit and quarterly net income attributable to owners of the parent both turned from losses to profits. - FY2018AdvancedAnnual report
「Operating profit recovered by ¥997 million from the previous consolidated fiscal year to ¥666 million, compared with an operating loss of ¥330 million in the previous consolidated fiscal year. Ordinary profit turned positive at ¥78 million, despite the recording of a ¥434 million foreign exchange loss and other items as non-operating expenses, compared with an ordinary loss of ¥697 million in the previous consolidated fiscal year.」
Operating profit and ordinary profit turned positive, indicating progress in the recovery toward securing recurring profitability. However, net loss attributable to owners of the parent was ¥630 million, and the operating margin was 0.9%, indicating that the improvement in corporate value and establishment of a sustainable earnings base remained incomplete. - FY2018-Q3AdvancedAnnual report
「In terms of profit and loss, the Battery Business posted higher profit despite lower sales of alkaline dry-cell and nickel-metal hydride batteries and the impact of rising raw material prices, owing to increased sales of lithium batteries and energy storage systems, cost reductions and the effect of the weaker yen. The Electronics Business saw sales of signal-processing modules for LCD displays and DC-DC power modules decline, but narrowed its loss through higher sales of multilayer power inductors and toner, as well as the reduction in fixed costs resulting from the impairment of fixed assets carried out in the previous consolidated fiscal year. As a result, operating profit recovered by ¥865 million from the third quarter of the previous fiscal year to ¥638 million, compared with an operating loss of ¥227 million in the same period of the previous year. Ordinary profit was ¥429 million, despite the recording of a ¥134 million gain on the sale of fixed assets as non-operating income, due in part to an ¥84 million foreign exchange loss and a ¥73 million loss on investments accounted for under the equity method recorded as non-operating expenses. This compared with an ordinary loss of ¥320 million in the third quarter of the previous fiscal year. Net income attributable to owners of the parent was ¥226 million, compared with a net loss attributable to owners of the parent of ¥641 million in the same period of the previous year, with both measures turning positive.」
Operating profit turned from a loss of ¥227 million in the same period of the previous year to ¥638 million, ordinary profit from a loss of ¥320 million to a profit of ¥429 million, and quarterly net income attributable to owners of the parent from a loss of ¥641 million to a profit of ¥226 million. The figures show concrete improvement toward securing recurring profitability. - FY2018-Q2AdvancedAnnual report
「In terms of profit and loss, the Battery Business posted higher profit despite the impact of rising raw material prices, due to increased sales of nickel-metal hydride and lithium batteries and the effect of the weaker yen. The Electronics Business narrowed its loss through higher sales of multilayer power inductors and toner, as well as the fixed-cost reduction resulting from the impairment of fixed assets carried out in the previous consolidated fiscal year. As a result, operating profit recovered by ¥510 million year on year to ¥134 million, representing a return to profitability from an operating loss of ¥376 million in the second quarter of the previous fiscal year. Ordinary profit was ¥4 million, owing in part to the ¥38 million loss on the sale of fixed assets recorded as a non-operating expense, compared with an ordinary loss of ¥689 million in the second quarter of the previous fiscal year. Net loss attributable to owners of the parent was ¥175 million, compared with a net loss attributable to owners of the parent of ¥892 million in the second quarter of the previous fiscal year.」
Operating profit turned from a loss of ¥376 million in the same period of the previous year to a profit of ¥134 million, while ordinary profit also turned positive at ¥4 million. However, a quarterly net loss attributable to owners of the parent of ¥175 million remained. - FY2018-Q1AdvancedAnnual report
「In terms of profit and loss, the battery business reported higher profit due to increased sales of nickel-metal hydride and lithium batteries, cost reductions and lower expenses. As a result, operating loss was ¥0.157 billion, compared with an operating loss of ¥0.317 billion in the first quarter of the previous consolidated cumulative period. Ordinary loss was ¥0.161 billion, compared with an ordinary loss of ¥0.634 billion in the first quarter of the previous consolidated cumulative period, and net loss attributable to owners of the parent was ¥0.281 billion, compared with a net loss attributable to owners of the parent of ¥0.713 billion in the first quarter of the previous consolidated cumulative period.」
Operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the same period of the previous year. The battery business reported higher profit from increased sales, cost reductions and lower expenses, but the Group as a whole remained loss-making. - FY2017WorsenedAnnual report
「As a result, revenue was ¥73.682 billion, a decrease of ¥7.063 billion, or 8.7%, from the previous consolidated fiscal year. Operating loss was ¥0.330 billion, compared with operating income of ¥1.580 billion in the previous consolidated fiscal year. Net loss attributable to owners of the parent was ¥3.166 billion, compared with net income attributable to owners of the parent of ¥0.167 billion in the previous consolidated fiscal year.」
Although no change to the issue of enhancing corporate value and securing recurring earnings is stated, revenue decreased 8.7%, resulting in an operating loss of ¥0.330 billion and a net loss attributable to owners of the parent of ¥3.166 billion. - FY2017-Q3AdvancedAnnual report
「In terms of profit and loss, profit in the battery business increased from the first and second quarters due to improved productivity, cost reductions and lower expenses. Despite rising material prices, a substantial decline in electronic-business sales and the significant impact of the stronger yen on foreign exchange, the Group returned to profitability in the third quarter. However, this was not enough to recover the operating losses recorded in the first and second quarters, and the operating loss for the first three-quarter consolidated cumulative period was ¥0.227 billion.」
The Group returned to profitability in the third quarter through improved productivity, cost reductions and lower expenses, but an operating loss of ¥0.227 billion remained for the first three-quarter cumulative period. - FY2017-Q2Deterioration in profitabilityAnnual report
「Together with the impact of lower translated amounts due to the stronger yen, this resulted in revenue of ¥37.056 billion, a decrease of ¥3.554 billion, or 8.8%, from the first two-quarter consolidated cumulative period. Operating loss was ¥0.376 billion, compared with operating income of ¥1.271 billion in the first two-quarter consolidated cumulative period. Although the Group recorded a gain of ¥65 million on the refund from a capital reduction as non-operating income, ordinary loss was ¥0.689 billion, due mainly to non-operating expenses including a foreign exchange loss of ¥0.237 billion caused by the stronger yen, compared with ordinary income of ¥1.174 billion in the first two-quarter consolidated cumulative period. Net loss attributable to owners of the parent was ¥0.892 billion, compared with net income attributable to owners of the parent of ¥0.969 billion in the first two-quarter consolidated cumulative period.」
Although no change to the objective of enhancing corporate value and securing recurring earnings is stated, revenue decreased 8.8% year on year, and operating income, ordinary income and profit attributable to owners of the parent turned into losses. - FY2016First statedAnnual report
「The Group recognizes that enhancing corporate value and generating earnings on a continuing basis are issues it needs to address going forward.」
The Group positions enhancing corporate value and securing recurring earnings as issues it needs to address going forward.