Declining Sales and Expanding Operating Losses in European Operations
First written in FY2018-Q2. 13 of 28 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Tachi-S moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 10 of 20 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual report
「Tachi-S Engineering Europe S.A.R.L., which had been included under “Europe” in the previous consolidated fiscal year, was liquidated and excluded from the scope of consolidation. Accordingly, “Europe” has been excluded from the reportable segments from the current consolidated fiscal year.」
Following the liquidation and exclusion from consolidation of the European subsidiary, revenue declines and operating losses in the European business are no longer presented as a separate reportable segment. - 2026-05-15AchievedEarningsSuggests it is closing out
「当連結会計年度より、報告セグメントから「欧州」を除外しております。」
欧州子会社の清算・連結除外を受け、欧州セグメントの除外が報告セグメントに反映された。 - FY2025WorsenedAnnual report
「Europe Revenue was ¥14 million, compared with ¥0 million in the same period of the previous year, and the operating loss was ¥61 million, compared with operating profit of ¥174 million in the same period of the previous year.」
The European business had virtually no sales to external customers and swung from operating profit in the same period of the previous year to an operating loss. - FY2025-H1WorsenedAnnual report
「Revenue consisted solely of intersegment sales, with no sales to external customers. The operating loss was ¥43 million, compared with operating profit of ¥72 million in the same period of the previous year.」
The European business had no sales to external customers and swung from operating profit in the same period of the previous year to an operating loss. - FY2024-Q3WorsenedAnnual report
「④ Europe Revenue was ¥0 million, down 99.9% year on year, and operating profit was ¥124 million, down 43.3% year on year.」
Revenue from the European business was ¥0 million, down 99.9% year on year, and operating profit also declined 43.3% year on year. - FY2024-Q2WorsenedAnnual report
「④ Europe Revenue was ¥0 million, down 99.9% year on year, and operating profit was ¥72 million, down 29.2% year on year.」
Revenue from the European business to external customers was effectively zero, and operating profit also declined 29.2% year on year. - FY2024-Q1WorsenedAnnual report
「④ Europe Revenue consisted solely of intersegment sales, with no sales to external customers, down 100.0% year on year. Operating profit was ¥21 million, down 47.6% year on year.」
The European business had no sales to external customers, a 100.0% year-on-year decline. Although it remained profitable at the operating level, operating profit declined 47.6% year on year. - FY2023ReframedAnnual report
「Europe Revenue was ¥352 million, down 68.3% year on year, and operating profit was ¥350 million, up 162.6% year on year.」
While revenue from the European business declined substantially, operating profit increased 162.6% year on year, resulting in a situation in which declining revenue and improved earnings coexist. - FY2023-Q3ReframedAnnual report
「④ Europe Revenue was ¥162 million, down 74.7% year on year, and operating profit was ¥220 million, compared with an operating loss of ¥244 million in the same period of the previous year.」
While revenue from the European business declined substantially, by 74.7% year on year, it swung from an operating loss in the same period of the previous year to operating profit, and the profit margin expanded. A situation in which declining revenue and improved earnings coexist has continued. - FY2023-Q2ReframedAnnual report
「④ Europe Revenue was ¥128 million, down 69.2% year on year, and operating profit was ¥103 million, compared with an operating loss of ¥178 million in the same period of the previous year.」
While revenue from the European business declined substantially, it swung from an operating loss in the same period of the previous year to operating profit. A situation in which declining revenue and improved earnings coexist has continued. - FY2023-Q1Return to operating profitability despite a sharp decline in revenueAnnual report
「④ Europe Revenue was ¥77 million, down 75.0% year on year, and operating profit was ¥41 million, compared with an operating loss of ¥95 million in the same period of the previous year.」
While revenue from the European business declined substantially, it swung from an operating loss in the same period of the previous year to operating profit. The description has changed to reflect a situation in which declining revenue and improved earnings coexist. - FY2022MitigatedAnnual report
「Europe Revenue was ¥1,110 million, up 89.1% year on year, and operating profit was ¥133 million, up 350.0% year on year.」
Revenue from the European business increased substantially, and operating profit also rose 350.0% year on year. - FY2022-Q3WorsenedAnnual report
「④ Europe Revenue was ¥640 million, up 80.1% year on year, and the operating loss was ¥244 million, compared with operating profit of ¥32 million in the same period of the previous year.」
Despite higher revenue from the European business, it swung from operating profit in the same period of the previous year to an operating loss. - FY2022-Q2WorsenedAnnual report
「④ Europe Revenue was ¥416 million, compared with ¥25 million in the same period of the previous year, and the operating loss was ¥178 million, compared with an operating loss of ¥152 million in the same period of the previous year.」
Although revenue from the European business increased, the operating loss widened from ¥152 million to ¥178 million. - FY2022-Q1MitigatedAnnual report
「④ Europe Revenue was ¥310 million, compared with ¥10 million in the same period of the previous year, and the operating loss was ¥95 million, compared with an operating loss of ¥112 million in the same period of the previous year.」
Revenue from the European business increased from ¥10 million in the same period of the previous year to ¥310 million, while the operating loss narrowed from ¥112 million to ¥95 million. - FY2021WorsenedAnnual report
「Europe Revenue was ¥587 million, down 64.9% year on year, and operating profit was ¥29 million, down 54.9% year on year.」
Annual revenue from the European business declined 64.9% and operating profit declined 54.9%, with both revenue and profit contracting. - FY2021-Q3WorsenedAnnual report
「④ Europe Revenue was ¥355 million, down 75.6% year on year, and operating profit was ¥32 million, down 50.4% year on year.」
Revenue from the European business declined 75.6% year on year and operating profit declined 50.4%, with both revenue and profit contracting. - FY2021-Q2WorsenedAnnual report
「④ Europe Revenue was ¥25 million, down 97.4% year on year, and the operating loss was ¥152 million, compared with operating profit of ¥102 million in the same period of the previous year.」
Revenue from the European business declined 97.4% year on year, and the business swung from operating profit in the same period of the previous year to an operating loss. - FY2021-Q1WorsenedAnnual report
「④ Europe Revenue was ¥10 million, down 98.5% year on year, and the operating loss was ¥112 million, compared with an operating loss of ¥51 million in the same period of the previous year.」
Revenue from the European business declined 98.5% year on year, and the operating loss also widened from the same period of the previous year. - FY2020ReframedAnnual report
「Europe Revenue was ¥1,671 million, down 46.4% year on year, and operating profit was ¥65 million, up 104.4% year on year.」
Despite a substantial decline in revenue from the European business, the description has shifted from a widening operating loss to a situation in which operating profit was secured. - FY2020-Q2ReframedAnnual report
「Revenue was ¥987 million, down 38.0% from the same quarter of the previous year, and operating profit was ¥102 million, up 74.1% year on year.」
While revenue from the European business declined, the business swung from an operating loss in the same period of the previous year to operating profit, changing the description from declining revenue and a widening operating loss to operating profitability despite declining revenue. - FY2020-Q1WorsenedAnnual report
「Revenue was ¥673 million, down 24.4% from the same quarter of the previous year, and the operating loss was ¥51 million, compared with operating profit of ¥91 million in the same quarter of the previous year.」
Revenue from the European business declined 24.4% year on year, and the business swung from operating profit in the same period of the previous year to an operating loss. - FY2019-Q3MitigatedAnnual report
「Revenue was ¥2,435 million, up 85.4% from the same quarter of the previous year, and, reflecting the effects of earnings improvement initiatives and other factors, operating profit was ¥42 million, compared with an operating loss of ¥1,034 million in the same quarter of the previous year.」
Revenue from the European business increased, and, reflecting the effects of earnings improvement initiatives and other factors, the business swung from an operating loss in the same period of the previous year to operating profit. - FY2019-Q2MitigatedAnnual report
「Revenue was ¥1,591 million, up 143.1% from the same quarter of the previous year, and operating profit was ¥58 million, compared with an operating loss of ¥872 million in the same quarter of the previous year.」
Revenue from the European business increased, and the business swung from an operating loss in the same period of the previous year to operating profit. - FY2019-Q1MitigatedAnnual report
「Revenue was ¥889 million, up 85.4% from the same quarter of the previous year, and operating profit was ¥91 million, compared with an operating loss of ¥463 million in the same quarter of the previous year.」
Revenue from the European business increased, and the business swung from an operating loss in the same period of the previous year to operating profit. - FY2018WorsenedAnnual report
「Europe Revenue was ¥2,162 million, down 2.6% from the previous consolidated fiscal year, and the operating loss was ¥1,228 million, compared with an operating loss of ¥348 million in the previous consolidated fiscal year.」
Revenue from the European business declined, and the operating loss widened from ¥348 million to ¥1,228 million. - FY2018-Q3ReframedAnnual report
「④ Europe Revenue was ¥1,313 million, up 3.5% from the same quarter of the previous year, and the operating loss was ¥1,034 million, compared with an operating loss of ¥377 million in the same quarter of the previous year.」
The description of the European business has changed from declining revenue and a widening operating loss to an increase in revenue alongside a widening operating loss. - FY2018-Q2First statedAnnual report
「Revenue was ¥654 million, down 20.0% from the same quarter of the previous year, and the operating loss was ¥872 million, compared with an operating loss of ¥364 million in the same quarter of the previous year.」
The disclosure states that revenue in the European business declined 20.0% year on year and the operating loss widened from ¥364 million to ¥872 million.