Improvement in net sales, operating profit and net income
First written in FY2016-Q3. 18 of 44 entries say "Advanced", first in FY2016. Latest entry: 2026-10-13.
1 other company's latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「However, growth in the aftermarket business offset this, bringing total revenue to ¥4,424 million, up 4.9% year on year. In terms of profit and loss, sluggish growth in the contract manufacturing business and other factors caused the gross profit margin of the consolidated subsidiaries primarily engaged in that business to decline. However, growth in the aftermarket business raised the operating rate of the main factory, among other factors, and the gross profit margin increased 0.5 percentage points year on year to 41.4%. Selling, general and administrative expenses increased by ¥107 million year on year, mainly because selling and transportation expenses rose due to payments of U.S. import tariffs. Accordingly, operating profit was ¥114 million, up 1.5% year on year. Ordinary profit was ¥228 million, up 33.3% year on year, due to foreign exchange gains resulting from the weaker yen and other factors. Interim net income attributable to owners of the parent was ¥185 million, up 39.9% year on year, mainly due to the recognition of a ¥16 million gain on the sale of investment securities and ¥15 million in insurance proceeds.」
Growth in the aftermarket business drove revenue, operating profit, ordinary profit, and interim net income attributable to owners of the parent above the year-earlier period. The gross profit margin also improved by 0.5 percentage points to 41.4%. - FY2025Lower revenue, operating profit and ordinary profit down, net income upAnnual report
「Consolidated revenue was ¥8,976 million, down 0.3% from the previous fiscal year. Accordingly, operating profit was ¥394 million, down 5.5%. Ordinary profit was ¥457 million, down 4.1%, while net income attributable to owners of the parent was ¥361 million, up 3.9%, mainly because the company recorded ¥57 million in gains from the reversal of the product compensation provision and other extraordinary income.」
Revenue, operating profit, and ordinary profit fell below the previous fiscal year, while net income attributable to owners of the parent increased due to gains from the reversal of the product compensation provision and other factors. - FY2025-H1AdvancedAnnual report
「As a result, consolidated revenue for the cumulative interim period was ¥4,216 million, up 0.2% year on year. In terms of profit and loss, the consolidated gross profit margin was 40.9%, 0.6 percentage points above the year-earlier period, due mainly to the increased proportion of sales through domestic channels, which have a relatively high gross profit margin, and the increase in the yen-converted value of foreign-currency-denominated revenue resulting from the weaker yen. However, selling, general and administrative expenses increased by ¥26 million year on year due to higher personnel expenses, selling and transportation expenses, and outsourced service fees, resulting in operating profit of ¥112 million, up 0.4% year on year. Ordinary profit was ¥171 million, up 10.7% year on year, mainly because foreign exchange gains exceeded those in the year-earlier period. Interim net income attributable to owners of the parent was ¥132 million, up 7.6% year on year.」
Revenue, operating profit, ordinary profit, and interim net income attributable to owners of the parent all increased year on year. The gross profit margin also improved by 0.6 percentage points to 40.9%, with specific figures demonstrating progress in higher revenue and profit. - FY2024Full-year Revenue and Profit DeclineAnnual report
「Consolidated revenue was ¥9,004 million, down 2.6% from the previous fiscal year. Accordingly, operating profit was ¥418 million, down 34.5%. Ordinary profit was ¥476 million, down 34.3%, and net income attributable to owners of the parent was ¥347 million, down 22.9%.」
After higher revenue and operating profit in the previous fiscal year, revenue, operating profit, ordinary profit, and net income attributable to owners of the parent all declined in the current fiscal year. - FY2024-Q3Lower revenue and profit; operating profit declined significantlyAnnual report
「Consolidated revenue was ¥6,491 million, down 3.8% year on year. Although the company was affected by higher prices for raw materials, consumables, and other purchased items, the gross profit margin improved by 0.8 percentage points, from 40.8% in the year-earlier period to 41.6%, due to the increase in the yen-converted value of foreign-currency-denominated revenue as the yen weakened and higher factory operating rates resulting from increased inventories of popular products. Selling and transportation expenses declined significantly year on year, mainly due to lower sales in North America and lower freight rates. However, total selling, general and administrative expenses increased by ¥87 million year on year due to higher personnel expenses associated with pay raises, increased advertising expenses related to promotional activities, and higher depreciation and amortization associated with capital investment. Accordingly, operating profit was ¥305 million, down 31.5% year on year. Ordinary profit was ¥385 million, down 18.3% year on year, and quarterly net income attributable to owners of the parent was ¥283 million, down 4.3% year on year.」
Revenue and profit declined year on year. Although the gross profit margin improved, operating profit declined significantly due to higher selling, general and administrative expenses, while the declines in ordinary profit and net income were relatively smaller due to foreign exchange gains and the reversal of the product compensation provision. - FY2024-Q2Revenue and Profit DeclineAnnual report
「As a result, consolidated revenue for the cumulative second quarter was ¥4,209 million, down 5.6% year on year. In terms of profit and loss, the gross profit margin declined 0.6 percentage points year on year due in part to higher raw material prices. Although selling and transportation expenses declined significantly, mainly due to lower sales in North America, selling, general and administrative expenses overall decreased by only ¥7 million year on year because of higher personnel expenses associated with pay raises, increased advertising expenses related to promotional activities, and higher depreciation and amortization associated with capital investment. Operating profit was ¥112 million, down 51.6% year on year. Ordinary profit was ¥154 million, down 29.5% year on year, and quarterly net income attributable to owners of the parent was ¥122 million, down 16.4% year on year.」
Revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all declined year on year, resulting in lower revenue and lower profit. - FY2024-Q1Revenue and Profit DeclineAnnual report
「As a result, consolidated revenue for the cumulative first quarter was ¥2,051 million, down 6.1% year on year. In terms of profit and loss, selling, general and administrative expenses increased by ¥32 million year on year due to higher advertising expenses, depreciation and amortization, and personnel expenses. In addition, the gross profit margin declined 0.5 percentage points year on year due to higher wages and raw material prices, resulting in operating profit of ¥37 million, down 72.2% year on year. Ordinary profit was ¥66 million, down 47.6% year on year, due in part to foreign exchange gains, and quarterly net income attributable to owners of the parent was ¥38 million, down 35.2% year on year.」
Revenue, operating profit, ordinary profit, and quarterly net income attributable to owners of the parent all fell below the year-earlier period, resulting in lower revenue and profit. - FY2023Higher revenue and operating profit, slight increase in ordinary profit, net income downAnnual report
「Consolidated revenue was ¥9,241 million, up 7.1% from the previous fiscal year. Operating profit was ¥637 million, up 19.7%. Ordinary profit was ¥725 million, up 0.7%, while net income attributable to owners of the parent was ¥451 million, down 9.1%.」
Higher revenue and operating profit continued, but ordinary profit growth was limited to 0.7%, and net income attributable to owners of the parent declined from the previous fiscal year. - FY2023-Q3Revenue and operating profit increased; ordinary income and net income decreasedAnnual report
「As a result, consolidated revenue for the cumulative third quarter was ¥6,750 million, up 8.9% year on year. Selling, general and administrative expenses increased by ¥173 million year on year due to higher selling and transportation expenses resulting from increased shipments to the United States, higher advertising expenses for events commemorating the company's 50th anniversary, higher personnel expenses associated with pay raises, and higher travel expenses as restrictions related to COVID-19 were eased and movement restrictions were relaxed. However, the consolidated gross profit margin increased year on year as higher revenue from in-house products raised factory operating rates, resulting in operating profit of ¥446 million, up 30.3% year on year. Ordinary profit was ¥472 million, down 3.2% year on year, and quarterly net income attributable to owners of the parent was ¥296 million, down 19.7% year on year.」
Revenue and operating profit increased, while ordinary profit declined 3.2%, mainly due to foreign exchange conditions, and quarterly net income attributable to owners of the parent declined 19.7% due in part to the absence of the previous year's gain on the sale of land. - FY2023-Q2Revenue up, profit down; ordinary profit and net income decreasedAnnual report
「Consolidated revenue was ¥4,460 million, up 13.5% year on year. In terms of profit and loss, factory operating rates remained solid as revenue from in-house products increased. However, operating profit was ¥232 million, down 16.3% year on year, as selling, general and administrative expenses increased by ¥198 million year on year due to higher selling and transportation expenses resulting from increased shipments to the United States, higher advertising expenses for events commemorating the company's 50th anniversary, higher personnel expenses associated with pay raises and other factors, and higher travel expenses resulting from increased business travel as restrictions related to COVID-19 were eased, in addition to a decline in the gross profit margin due to higher raw material and electricity costs.」
Revenue increased 13.5% year on year, while operating profit declined 16.3%, ordinary profit declined 36.3%, and quarterly net income attributable to owners of the parent declined 55.0%, marking a shift to higher revenue but lower profit. - FY2023-Q1Revenue up, profit down; ordinary profit and net income decreasedAnnual report
「As a result, consolidated revenue for the cumulative first quarter was ¥2,183 million, up 15.2% year on year. In terms of profit and loss, factory operating rates remained solid as revenue from in-house products increased. However, operating profit was ¥133 million, down 4.6% year on year, due to a decline in the gross profit margin resulting from higher raw material and electricity costs, as well as higher selling, general and administrative expenses caused by increased selling and transportation expenses due to persistently high ocean freight rates, higher personnel expenses associated with pay raises and other factors, and higher travel expenses resulting from an increase in business travel as restrictions related to COVID-19 were eased. Ordinary profit was ¥127 million, down 24.9% year on year, and quarterly net income attributable to owners of the parent was ¥58 million, down 72.0% year on year.」
Revenue increased 15.2%, while operating profit declined 4.6%, ordinary profit declined 24.9%, and quarterly net income attributable to owners of the parent declined 72.0%, marking a shift to higher revenue but lower profit. - FY2022AdvancedAnnual report
「Consolidated revenue was ¥8,629 million, up 8.3% from the previous fiscal year. In terms of profit and loss, selling, general and administrative expenses increased by ¥221 million from the previous fiscal year, mainly due to higher selling and transportation expenses resulting from rising transportation costs, higher repair and maintenance expenses associated with improvements to the working environment, and increased advertising and travel expenses that had been held back in the previous fiscal year, in addition to higher raw material and electricity prices. However, the increase in revenue and the improvement in the gross profit margin resulting from higher factory operating rates due to increased production and other factors led to operating profit of ¥532 million, up 43.0%. Ordinary profit was ¥720 million, up 58.1%, mainly because the yen weakened against foreign currencies from the end of the previous consolidated fiscal year. Although the company recorded gains on the sale of fixed assets from the sale of land and other assets, net income attributable to owners of the parent was ¥496 million, up 40.9%, due to compensation expenses associated with the voluntary recall of products and the recognition of impairment losses on land.」
Revenue and profit increased for the full fiscal year, with the figures and growth rates for revenue, operating profit, ordinary profit, and net income attributable to owners of the parent presented. - FY2022-Q3AdvancedAnnual report
「As a result, consolidated revenue for the cumulative third quarter was ¥6,199 million, up 6.3% year on year. In terms of profit and loss, in addition to higher raw material prices, selling, general and administrative expenses increased by ¥126 million year on year, mainly due to higher selling and transportation expenses resulting from rising transportation costs and increased advertising expenses that had been held back in the previous fiscal year. However, the increase in revenue and the improvement in the gross profit margin resulting from higher factory operating rates due to increased production and other factors led to operating profit of ¥342 million, up 39.9% year on year. Ordinary profit was ¥487 million, up 50.4% year on year, mainly because the yen weakened against foreign currencies from the end of the previous consolidated fiscal year. Although profit-reducing factors included lower subsidy income and the recognition of product compensation expenses associated with the voluntary recall of products affected by quality defects, quarterly net income attributable to owners of the parent was ¥369 million, up 59.3% year on year, due to profit-increasing factors including gains on the sale of land.」
For the cumulative third quarter, revenue, operating profit, ordinary profit, and quarterly net income attributable to owners of the parent all exceeded the year-earlier period, confirming the increases in both revenue and profit in specific figures. - FY2022-Q2AdvancedAnnual report
「As a result, consolidated revenue for the cumulative second quarter was ¥3,930 million, up 4.9% year on year. In terms of profit and loss, in addition to higher raw material prices, selling, general and administrative expenses increased by ¥70 million year on year, mainly due to higher selling and transportation expenses resulting from rising transportation costs and increased advertising expenses that had been held back in the previous fiscal year. However, the increase in revenue and the improvement in the gross profit margin resulting from higher factory operating rates due to increased production and other factors led to operating profit of ¥277 million, up 117.0% year on year. Ordinary profit was ¥344 million, up 106.2% year on year, mainly because the yen weakened against foreign currencies from the end of the previous consolidated fiscal year. Quarterly net income attributable to owners of the parent was ¥326 million, up 175.6% year on year, mainly due to the recognition of gains on the sale of land.」
Revenue was ¥3,930 million, operating profit was ¥277 million, ordinary profit was ¥344 million, and quarterly net income attributable to owners of the parent was ¥326 million, confirming the increases in both revenue and profit. - FY2022-Q1AdvancedAnnual report
「As a result, consolidated revenue for the cumulative first quarter was ¥1,894 million, up 6.6% year on year. In terms of profit and loss, selling, general and administrative expenses increased by ¥38 million year on year, mainly due to higher selling and transportation expenses resulting from rising transportation costs and increased advertising expenses that had been held back in the previous fiscal year. However, the increase in revenue and the improvement in the gross profit margin resulting from higher factory operating rates and other factors led to operating profit of ¥139 million, up 253.1% year on year. Ordinary profit was ¥169 million, up 301.4% year on year, mainly because the yen weakened against foreign currencies from the end of the previous consolidated fiscal year. Net income attributable to owners of the parent was ¥209 million, up 634.5% year on year, mainly due to the recognition of gains on the sale of land.」
Revenue increased 6.6% year on year, while operating profit was ¥139 million, ordinary profit was ¥169 million, and quarterly net income attributable to owners of the parent was ¥209 million, resulting in a significant increase in profit year on year. - FY2021AdvancedAnnual report
「Consolidated net sales amounted to ¥7,971 million, up 10.3% year on year. Operating income was ¥372 million, up 281.5%, owing to higher sales and an improved gross profit margin resulting from a higher factory operating rate and other factors. Ordinary profit was ¥455 million, up 224.9%, owing mainly to the yen depreciating from the end of the previous consolidated fiscal year, and net income attributable to owners of the parent was ¥352 million, up 137.3% year on year.」
Revenue, operating profit, ordinary profit, and net income attributable to owners of the parent improved significantly, moving from a decline in profit in the previous fiscal year to increases in both revenue and profit. - FY2021-Q3AdvancedAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter amounted to ¥5,829 million, up 10.3% year on year. Although selling and transportation expenses increased owing to higher transportation costs, selling, general and administrative expenses decreased by ¥15 million year on year owing to lower travel and transportation expenses and other costs resulting from the impact of COVID-19. As a result, operating income was ¥244 million, up 1,538.9%. Ordinary profit was ¥324 million, up 671.2%, owing mainly to the yen depreciating from the end of the previous consolidated fiscal year, and quarterly net income attributable to owners of the parent was ¥232 million, up 151.1% year on year.」
Sales increased year on year, and operating income of ¥244 million, ordinary profit of ¥324 million and quarterly net income attributable to owners of the parent of ¥232 million all improved substantially. - FY2021-Q2AdvancedAnnual report
「As a result, consolidated net sales for the six months ended the second quarter amounted to ¥3,745 million, up 5.3% year on year. Operating income was ¥128 million, compared with an operating loss of ¥1 million in the same period of the previous year, owing to higher sales and a ¥51 million decrease in selling, general and administrative expenses, mainly travel and transportation, research and development and personnel expenses. Ordinary profit was ¥167 million, up 280.2%, owing mainly to the yen depreciating from the end of the previous consolidated fiscal year, and quarterly net income attributable to owners of the parent was ¥118 million, up 231.7% year on year.」
Net sales increased 5.3% year on year, and operating income turned from an operating loss in the same period of the previous year to a profit of ¥128 million. Ordinary profit was ¥167 million and quarterly net income attributable to owners of the parent was ¥118 million, both substantially higher. - FY2021-Q1Slightly higher sales; higher operating income; lower ordinary profit and net incomeAnnual report
「As a result, consolidated net sales for the three months ended the first quarter amounted to ¥1,777 million, up 0.3% year on year. The gross profit margin declined from the same period of the previous year owing to higher fixed-cost burdens resulting from lower sales at a subsidiary primarily engaged in contract manufacturing. However, selling, general and administrative expenses decreased by ¥29 million, mainly owing to lower research and development, personnel, travel and transportation expenses, resulting in operating income of ¥39 million, up 19.7%. Ordinary profit was ¥42 million, down 27.5%, owing mainly to the yen appreciating from the end of the previous consolidated fiscal year, and quarterly net income attributable to owners of the parent was ¥28 million, down 25.6% year on year.」
Net sales increased 0.3% and operating income increased 19.7%, while ordinary profit declined 27.5% and quarterly net income attributable to owners of the parent declined 25.6% owing to the stronger yen and other factors. - FY2020Lower sales; lower operating income and ordinary profit; higher net income owing to subsidies and other factorsAnnual report
「As a result, consolidated net sales for the fiscal year amounted to ¥7,226 million, down 4.2% year on year. Although depreciation and research and development expenses increased, selling, general and administrative expenses decreased by ¥10 million from the previous fiscal year because travel and transportation expenses, advertising and promotional expenses and other costs declined owing to the impact of COVID-19. However, the decline in sales had a substantial impact, resulting in operating income of ¥97 million, down 50.8%, and ordinary profit of ¥140 million, down 37.0%. Net income attributable to owners of the parent was ¥148 million, up 40.2%, despite the recognition of extraordinary losses, including a ¥32 million impairment loss on fixed assets held by Nissei Kogyo Co., Ltd., a consolidated subsidiary, because ¥94 million in subsidy income, including subsidies under the New Industrial Location Project Subsidy and the Subsidy for Promoting Responses to Next-Generation Automotive Technology Innovation, was recognized as extraordinary income.」
For the full fiscal year, net sales declined 4.2%, operating income declined 50.8% and ordinary profit declined 37.0%. In contrast, net income attributable to owners of the parent increased 40.2% owing to ¥94 million in subsidy income and other factors. - FY2020-Q3Lower sales; substantial declines in operating income and ordinary profit; higher net income owing to subsidies and other factorsAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter amounted to ¥5,284 million, down 4.7% year on year. Operating income was ¥14 million, down 90.2%, and ordinary profit was ¥42 million, down 78.1%, both below the same period of the previous year, owing to a ¥80 million increase in selling, general and administrative expenses resulting from higher personnel, depreciation, research and development and other expenses. However, recognition of ¥93 million in subsidy income, including subsidies under the New Industrial Location Project Subsidy and the Subsidy for Promoting Responses to Next-Generation Automotive Technology Innovation, resulted in quarterly net income attributable to owners of the parent of ¥92 million, up 6.9% year on year.」
Net sales declined 4.7%, operating income declined 90.2% and ordinary profit declined 78.1%. In contrast, quarterly net income attributable to owners of the parent increased 6.9% owing to ¥93 million in subsidy income and other factors. - FY2020-Q2Higher sales; operating loss; lower ordinary profit; higher net incomeAnnual report
「As a result, consolidated net sales for the six months ended the second quarter amounted to ¥3,558 million, up 0.8% year on year. Selling, general and administrative expenses increased by ¥90 million owing to higher personnel, depreciation, research and development and other expenses, resulting in an operating loss of ¥1 million, compared with operating income of ¥19 million in the same period of the previous year. Ordinary profit was ¥43 million, down 24.1%, as the yen depreciated from the end of the previous consolidated fiscal year. The recognition of gains on sales of fixed assets, subsidy income and other items resulted in quarterly net income attributable to owners of the parent of ¥35 million, up 15.0% year on year.」
Although sales increased, higher selling, general and administrative expenses caused operating income to turn from a profit to a loss, and ordinary profit declined. In contrast, quarterly net income attributable to owners of the parent increased owing to gains on sales of fixed assets, subsidy income and other factors. - FY2020-Q1AdvancedAnnual report
「As a result, consolidated net sales for the three months ended the first quarter amounted to ¥1,771 million, up 5.7% year on year. Selling, general and administrative expenses increased by ¥16 million owing to higher personnel and depreciation expenses, but higher sales and an improved gross profit margin resulted in operating income of ¥33 million, compared with an operating loss of ¥21 million in the same period of the previous year. Ordinary profit was ¥58 million, compared with an ordinary loss of ¥0 million, as the yen depreciated from the end of the previous consolidated fiscal year. Quarterly net income attributable to owners of the parent was ¥38 million, compared with a quarterly net loss attributable to owners of the parent of ¥0 million.」
Net sales increased 5.7% year on year to ¥1,771 million, while operating income of ¥33 million, ordinary profit of ¥58 million and quarterly net income attributable to owners of the parent of ¥38 million all turned positive from losses or near break-even levels in the same period of the previous year. - FY2019AdvancedAnnual report
「Consolidated net sales amounted to ¥7,545 million, up 3.1% year on year. Selling, general and administrative expenses increased by ¥108 million from the previous fiscal year, mainly owing to higher personnel and depreciation expenses. However, operating income increased 21.5% to ¥198 million owing to higher sales and an improved gross profit margin resulting from the increased sales mix of high-margin automotive aftermarket parts.」
Following the previous fiscal year's increase in sales but decline in earnings, net sales, operating income, ordinary profit and net income attributable to owners of the parent all increased in the current fiscal year. Net sales were ¥7,545 million and operating income was ¥198 million. - FY2019-Q3Continued revenue growth and profit declineAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter amounted to ¥5,544 million, up 2.3% year on year. Although sales increased year on year, operating income was ¥151 million, down 8.2%, and ordinary profit was ¥191 million, down 9.2%, owing mainly to a ¥52 million increase in selling, general and administrative expenses resulting from higher personnel and depreciation expenses. The recognition of a ¥36 million impairment loss on investment securities and other factors resulted in quarterly net income attributable to owners of the parent of ¥86 million, down 37.7% year on year.」
Net sales increased 2.3% year on year, while operating income, ordinary profit and quarterly net income attributable to owners of the parent all declined owing to higher selling, general and administrative expenses, mainly personnel and depreciation expenses, and the recognition of an impairment loss on investment securities. - FY2019-Q2Higher sales; lower earnings; operating income remained positiveAnnual report
「As a result, consolidated net sales for the six months ended the second quarter amounted to ¥3,529 million, up 2.0% year on year. Although sales increased year on year, operating income was ¥19 million, down 64.4%, ordinary profit was ¥57 million, down 34.8%, and quarterly net income attributable to owners of the parent was ¥31 million, down 45.7%, owing mainly to a ¥37 million increase in selling, general and administrative expenses resulting from higher personnel and depreciation expenses.」
Net sales increased 2.0% year on year, but operating income, ordinary profit and quarterly net income all declined owing to higher selling, general and administrative expenses, mainly personnel and depreciation expenses. Operating income returned to positive territory at ¥19 million, compared with an operating loss in the same period of the previous year. - FY2019-Q1Higher sales; widening operating loss; turned to an ordinary loss and net lossAnnual report
「As a result, consolidated net sales for the three months ended the first quarter amounted to ¥1,675 million, up 5.6% year on year. In terms of earnings, the gross profit margin declined 1.3 percentage points year on year owing mainly to increased overseas sales, which have lower margins than domestic sales. Selling, general and administrative expenses increased by ¥24 million, mainly owing to higher personnel and depreciation expenses. Consequently, the Company posted an operating loss of ¥21 million, compared with an operating loss of ¥9 million in the same period of the previous year, an ordinary loss of ¥0 million, compared with ordinary profit of ¥6 million, and quarterly net loss attributable to owners of the parent of ¥0 million, compared with quarterly net income attributable to owners of the parent of ¥6 million.」
Although net sales increased 5.6% year on year, the operating loss widened owing to the decline in the gross profit margin resulting from higher overseas sales and increases in personnel, depreciation and other expenses, resulting in an ordinary loss and quarterly net loss attributable to owners of the parent. - FY2018Higher sales, lower profitAnnual report
「Consolidated net sales amounted to ¥7,317 million, up 3.4% year on year. In terms of earnings, although selling, general and administrative expenses decreased year on year, cost of sales increased owing to higher sales of products with high cost ratios, an inventory write-down for slow-moving inventory, rising material prices and other factors. As a result, operating income was ¥163 million, down 19.6%.」
Sales increased owing to growth in IoT vehicle communication devices and overseas sales, but operating income, ordinary profit and net income attributable to owners of the parent declined owing to a higher cost ratio, a write-down of slow-moving inventory and rising material prices. - FY2018-Q3Continued Revenue and Profit GrowthAnnual report
「Sales of IoT vehicle communication devices, which the Company began selling during the current fiscal year, performed well, resulting in consolidated net sales of ¥5,420 million for the nine months ended the third quarter, up 6.3% year on year. In terms of earnings, the gross profit margin declined 2.0 percentage points from the same period of the previous year owing mainly to lower domestic after-parts sales, reducing earnings. However, as selling, general and administrative expenses decreased by ¥43 million, operating income rose 64.7% to ¥165 million. Ordinary profit rose 42.5% to ¥210 million owing mainly to the recognition of a ¥19 million foreign exchange gain, and quarterly net income attributable to owners of the parent rose 6.4% to ¥138 million.」
Strong sales of IoT vehicle communication devices and lower selling, general and administrative expenses resulted in net sales, operating income, ordinary profit and quarterly net income attributable to owners of the parent exceeding the same period of the previous year. - FY2018-Q2Higher sales; recovery in operating income; decline in net incomeAnnual report
「Consolidated net sales for the six months ended the second quarter amounted to ¥3,461 million, up 2.8% year on year. In terms of earnings, the gross profit margin declined 2.3 percentage points from the same period of the previous year owing mainly to lower after-parts sales, reducing earnings. However, as selling, general and administrative expenses decreased by ¥71 million, operating income rose 103.7% to ¥55 million. Ordinary profit rose 26.6% to ¥88 million owing mainly to the recognition of a ¥15 million foreign exchange gain. Quarterly net income attributable to owners of the parent was ¥57 million, down 32.3% year on year.」
Net sales increased year on year, and operating income and ordinary profit returned to growth, while quarterly net income attributable to owners of the parent declined. - FY2018-Q1Turned to an operating loss; substantial decline in earningsAnnual report
「In terms of earnings, the gross profit margin declined 0.8 percentage points from the same period of the previous year owing to lower after-parts sales, while selling, general and administrative expenses increased by ¥25 million owing mainly to higher research and development expenses. As a result, the Company posted an operating loss of ¥9 million, compared with operating income of ¥27 million in the same period of the previous year. Ordinary profit was ¥6 million, down 85.3%, owing mainly to the recognition of a ¥10 million foreign exchange gain as the yen depreciated from the end of the previous consolidated fiscal year. Quarterly net income attributable to owners of the parent was ¥6 million, down 88.8% year on year.」
Net sales were essentially flat, increasing 0.1% year on year, but the Company turned to an operating loss, while ordinary profit and quarterly net income attributable to owners of the parent declined substantially. - FY2017Full-year Revenue and Profit DeclineAnnual report
「Consolidated net sales for the fiscal year amounted to ¥7,075 million, down 3.6% year on year. In terms of earnings, operating income was ¥203 million, down 57.4%, owing to lower sales and higher selling, general and administrative expenses, mainly advertising and promotional expenses. Ordinary profit was ¥264 million, down 39.4%, owing mainly to the recognition of a ¥31 million foreign exchange gain as the yen depreciated from the end of the previous fiscal year.」
The declines in sales and earnings seen during the quarter were also confirmed for the full fiscal year, with net sales, operating income, ordinary profit and net income attributable to owners of the parent all below the previous fiscal year. - FY2017-Q3RestatedAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter amounted to ¥5,099 million, down 5.7% year on year. In terms of earnings, operating income was ¥100 million, down 66.9%, owing to lower sales and higher selling, general and administrative expenses, mainly advertising and promotional expenses. Ordinary profit was ¥147 million, down 49.7%, owing mainly to the recognition of a ¥25 million foreign exchange gain as the yen depreciated from the end of the previous fiscal year.」
The year-on-year declines in sales and earnings continued through the nine months ended the third quarter, with net sales of ¥5,099 million, operating income of ¥100 million and ordinary profit of ¥147 million. - FY2017-Q2RestatedAnnual report
「As a result, consolidated net sales for the six months ended the second quarter amounted to ¥3,366 million, down 3.7% year on year. In terms of earnings, selling, general and administrative expenses increased because advertising and promotional expenses were concentrated in the first half compared with the same period of the previous year, resulting in operating income of ¥27 million, down 84.5%. Ordinary profit was ¥70 million, down 59.3%, owing mainly to the recognition of a ¥21 million foreign exchange gain as the yen depreciated from the end of the previous fiscal year. In addition, the recognition of compensation received and other items as extraordinary income, and of executive retirement allowances and expenses related to a company funeral following the death of Hasegawa Hiroyuki, formerly the company's representative director and president, as extraordinary losses, resulted in quarterly net income attributable to owners of the parent of ¥84 million, down 59.2% year on year.」
Net sales, operating income, ordinary profit and quarterly net income attributable to owners of the parent all decreased year on year, and the decline in both sales and earnings continued. - FY2017-Q1Year-on-year declines in revenue and profitAnnual report
「Consolidated net sales for the three months ended the first quarter amounted to ¥1,585 million, down 15.6% year on year. In terms of earnings, selling, general and administrative expenses decreased by ¥4 million, but operating income fell 78.3% to ¥27 million and ordinary profit fell 64.2% to ¥44 million owing to the decline in sales. Net income attributable to owners of the parent was ¥58 million, down 31.2% year on year.」
Following the previous year's increases in sales and earnings, net sales, operating income, ordinary profit and quarterly net income attributable to owners of the parent all fell below the same period of the previous year. - FY2016AdvancedAnnual report
「As a result, consolidated net sales for the fiscal year amounted to ¥7,336 million, up 4.4% year on year. In terms of earnings, operating income was ¥477 million, up 92.5%, owing to higher sales, a 1.6 percentage-point year-on-year increase in the gross profit margin due to increased after-parts sales, and selling, general and administrative expenses remaining at the previous year's level. Ordinary profit was ¥436 million, up 25.8%, owing mainly to the recognition of a ¥72 million foreign exchange loss as the yen appreciated from the end of the previous fiscal year. In addition, the recognition of ¥166 million in subsidy income as extraordinary income and other factors resulted in net income attributable to owners of the parent of ¥382 million, up 67.2% year on year.」
Net sales, operating income, ordinary profit and net income attributable to owners of the parent all exceeded the previous year. Operating income was ¥477 million and net income attributable to owners of the parent was ¥382 million. - FY2016-Q3First statedAnnual report
「As a result, consolidated net sales for the nine months ended the third quarter amounted to ¥5,407 million, up 7.9% year on year. In terms of earnings, selling, general and administrative expenses increased by ¥46 million year on year, but the substantial increase in sales resulted in operating income of ¥303 million, up 95.9%, and ordinary profit of ¥294 million, up 17.1%. In addition, the recognition of ¥156 million in subsidy income as extraordinary income and other factors resulted in net income attributable to owners of the parent of ¥272 million, up 134.0% year on year.」
Revenue, operating profit, ordinary profit and quarterly profit attributable to owners of the parent all exceeded the same period of the previous year.