Nine-Month Revenue and Profit Declines and Segment Performance
First written in FY2017-Q3. 2 of 4 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2023: 2 of 10 companies on the "Worse" side.
8 other companies' latest entry also says "Other".
- FY2024-Q3Revenue and profit decline continued through the nine-month periodAnnual report
「As a result, Group revenue declined 14.7% year on year to ¥8,374 million. Operating profit declined 56.0% to ¥383 million. Despite an increase in foreign exchange gains and other factors, ordinary profit declined 44.5% to ¥605 million because of the decline in operating profit.」
Through the nine-month period, Group revenue, operating profit and ordinary profit were all below the prior-year period. - FY2019-Q3AdvancedAnnual report
「As a result, Group revenue increased 15.6% year on year to ¥9,509 million. In terms of earnings, operating profit increased 52.2% to ¥908 million, reflecting higher revenue and continued cost measures, including improvements in quality and productivity and reductions in in-process defects. Ordinary profit increased 28.0% to ¥1,039 million, while quarterly net profit attributable to owners of the parent increased 24.1% to ¥751 million.」
Through the nine-month period, revenue increased 15.6%, operating profit 52.2%, ordinary profit 28.0% and quarterly net profit attributable to owners of the parent 24.1%, with higher revenue and profit continuing after the prior-year period's decline. - FY2018-Q3AdvancedAnnual report
「As a result, Group revenue increased 12.9% year on year to ¥8,223 million. In terms of earnings, operating profit increased 76.7% to ¥596 million, reflecting higher revenue and improvements in production efficiency. Ordinary profit increased 103.3% to ¥812 million, partly because no foreign exchange loss was recorded, unlike in the prior-year period. Quarterly net profit attributable to owners of the parent increased 120.3% to ¥605 million.」
Having turned around from the prior-year period's decline in revenue and profit, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased through the nine-month period. - FY2017-Q3First statedAnnual report
「Against this backdrop, the Group worked to expand sales of priority products and uncover new demand through the development of new materials and improvements in functionality that leverage its strengths. However, due to the impact of foreign exchange movements and the shrinking market for existing products, revenue declined 13.0% year on year to ¥7,284 million. In terms of earnings, the Group continued cost-reduction initiatives, including improvements to increase productivity, but the decline in revenue had a significant impact. Operating profit declined 31.3% year on year to ¥337 million, and ordinary profit declined 38.4% to ¥399 million. Quarterly net profit attributable to owners of the parent declined 44.8% to ¥274 million. Revenue in the Machinery Components business declined 21.0% year on year to ¥3,866 million, and operating profit declined 43.0% to ¥437 million. Revenue in the Electrical Components business declined 1.5% year on year to ¥3,450 million, but operating profit increased 368.3% to ¥201 million, owing to the effects of structural improvements, including the liquidation of a Chinese subsidiary in the previous fiscal year.」
Through the nine-month period, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent were all below the prior-year period. The Machinery Components business reported lower revenue and profit, while the Electrical Components business reported lower revenue but higher operating profit due to the effects of structural improvements.