Higher sales and operating profit due to growth at overseas subsidiaries and improvements in Japan and overseas
First written in FY2016. 14 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-07.
3 other companies' latest entry also says "Other".
- 2026-08-07OtherResults
「Consolidated net sales came to ¥5,808 million, up 1.2% year on year. The company pursued a review of its production structure, cost reductions, and earnings improvement across the group, including overseas operations. However, operating profit fell to ¥143 million, down 50.8% year on year, due mainly to higher raw material prices and increased labor hours associated with the launch of new products.」
Sales increased, while operating profit declined due mainly to higher raw material prices and increased labor hours associated with the launch of new products. - FY2026AdvancedAnnual report
「Sales were ¥23,143 million, up 2.5% year on year. Operating profit increased 64.1% to ¥1,239 million as initiatives to improve production efficiency and the cost structure progressed.」
Full-year sales increased, and operating profit rose 64.1% year on year due to improved production efficiency and cost structure improvements. The impact on ordinary profit and below was limited by losses on the repayment of subsidies and other expenses related to the US subsidiary. - 2026-05-14AdvancedRevisions to earnings forecasts
「Under these management conditions, group net sales increased 2.5% year on year to ¥23,143 million. Operating profit came to ¥1,239 million, up 64.1% year on year, as the company pursued initiatives to improve production efficiency and its cost structure.」
Full-year net sales increased and operating profit rose 64.1% year on year, marking a shift from the previous year’s decline in sales and operating profit to growth in both. - FY2026-H1Operating profit increased, but ordinary profit and net profit declined due to US subsidiary-related expensesAnnual report
「Under these conditions, the Group's consolidated net sales increased 1.6% year on year to ¥11,439 million. Operating profit increased 50.9% to ¥650 million. However, ordinary profit decreased 44.4% to ¥285 million, and interim profit attributable to owners of the parent decreased sharply by 80.3% to ¥69 million, due in part to the recording of ¥452 million including losses on the repayment of subsidies received by the US subsidiary during the COVID-19 pandemic and a provision for damages.」
Sales increased 1.6% and operating profit increased 50.9%, while ordinary profit and interim net profit declined due to expenses of ¥452 million, including losses on the repayment of subsidies and a provision for damages related to the US subsidiary. - FY2025-H1Transition to lower sales and profit due to reduced productionAnnual report
「The Group's consolidated net sales were ¥11,255 million, down 6.0% year on year. Operating profit decreased 54.4% to ¥430 million due to lower production efficiency and other factors associated with reduced production. Foreign exchange losses of ¥88 million were recorded, reversing the foreign exchange gains in the same period of the previous year, and ordinary profit decreased 61.9% to ¥513 million. Interim profit attributable to owners of the parent decreased 61.8% to ¥350 million.」
From the revenue and operating profit growth trend in the same period of the previous year, sales, operating profit, ordinary profit and interim profit attributable to owners of the parent all declined in the current interim consolidated accounting period. - FY2024AdvancedAnnual report
「Against this backdrop, the Group's consolidated net sales increased 8.3% from the previous consolidated fiscal year to ¥23,655 million, due to progress in passing on raw material price increases at overseas sites and the weaker yen, among other factors. Operating profit increased 252.1% year on year to ¥1,446 million, as the benefits of cost improvements and progress in passing on raw material price increases overseas were partly offset by the decline in the fourth quarter.」
For the full year, sales were ¥23,655 million and operating profit was ¥1,446 million. Revenue and operating profit growth progressed due to price pass-through at overseas sites, cost improvements and the weaker yen. The production decline in the fourth quarter remained an issue. - FY2024-Q3AdvancedAnnual report
「Against this backdrop, the Group's consolidated net sales increased 13.1% year on year to ¥18,238 million, due to progress in passing on raw material price increases at overseas sites and the weaker yen, among other factors. Operating profit increased 811.2% to ¥1,461 million, due to the benefits of cost improvements and progress in passing on raw material price increases overseas, among other factors.」
Against a backdrop of price pass-through at overseas sites, cost improvements and the weaker yen, consolidated net sales increased 13.1% year on year and operating profit increased 811.2%, representing substantial progress in revenue and operating profit growth. - FY2024-Q2AdvancedAnnual report
「Against this backdrop, the Group's consolidated net sales increased 14.1% year on year to ¥11,971 million. Operating profit increased substantially by 428.5% to ¥943 million. Ordinary profit increased 82.7% to ¥1,348 million, including foreign exchange gains of ¥323 million, and quarterly profit attributable to owners of the parent increased 119.9% to ¥916 million.」
Sales, operating profit, ordinary profit and quarterly profit attributable to owners of the parent all exceeded the levels of the same period of the previous year, driven by the recovery in customers' production, price pass-through and the weaker yen. - FY2023-Q3Revenue up, operating profit down sharply, ordinary profit down, net income downAnnual report
「Against this backdrop, the Group's consolidated net sales increased 5.2% year on year to ¥16,119 million, due in part to higher sales following the pass-through of raw material and other price increases. Operating profit decreased sharply by 85.7% to ¥160 million due to higher electricity and other costs during the first 3-quarter cumulative period, the particularly limited progress in passing on raw material and other price increases overseas, and lower production efficiency under reduced production. Ordinary profit decreased 73.5% to ¥405 million due to foreign exchange gains of ¥149 million, while quarterly profit attributable to owners of the parent decreased sharply by 87.8% to ¥135 million.」
Sales increased 5.2% year on year due to the pass-through of raw material price increases and other factors, while operating profit declined 85.7% due to higher electricity and other costs, delays in passing on price increases overseas and lower production efficiency under reduced production. Foreign exchange gains of ¥149 million supported ordinary profit, but ordinary profit and net profit also declined. - FY2023-Q2Slight revenue growth and a sharp decline in operating profit, with ordinary profit kept positive by foreign exchange gainsAnnual report
「Against this backdrop, the Group's consolidated net sales increased slightly, by 2.2% year on year to ¥10,488 million. Operating profit decreased sharply by 81.6% to ¥178 million due to higher expenses from rising raw material and other prices and lower production efficiency under reduced production. Ordinary profit was ¥737 million, down 31.2% year on year, including foreign exchange gains of ¥486 million, while quarterly profit attributable to owners of the parent decreased 44.8% to ¥416 million.」
Consolidated net sales increased 2.2% year on year, but operating profit declined 81.6% due to higher raw material prices and lower production efficiency under reduced production. Ordinary profit remained positive due to foreign exchange gains of ¥486 million, although ordinary profit and net profit declined. - FY2023-Q1Lower sales and an operating loss, but ordinary profit remained positive due to foreign exchange gainsAnnual report
「Against this backdrop, the Group's consolidated net sales decreased 6.6% year on year to ¥4,954 million due to customers suspending operations and other factors. The Group recorded an operating loss of ¥38 million, compared with operating profit of ¥618 million in the same period of the previous year, as plant operations remained sluggish following customers' shutdowns and material and other costs rose across the board. Ordinary profit was ¥353 million, down 45.9% year on year, due in part to foreign exchange gains of ¥360 million resulting from a sharp weakening of the yen from the beginning of the fiscal year.」
Due to customers suspending operations and higher costs, consolidated net sales declined 6.6% year on year, and operating profit turned from a profit in the same period of the previous year into an operating loss. Meanwhile, ordinary profit remained positive due to foreign exchange gains from the weaker yen. - FY2022AdvancedAnnual report
「Against this backdrop, the Group's consolidated net sales recovered from the previous fiscal year but were affected by the decline in the second half, increasing 8.3% from the previous consolidated fiscal year to ¥20,533 million. Operating profit increased 26.3% to ¥1,259 million. Although prices, including raw materials, rose and expenses increased due to lower production in the second half, the need for operating adjustments was lower than in the previous fiscal year.」
Consolidated net sales increased 8.3% year on year and operating profit increased 26.3%, recovering from the lower sales and profit caused by COVID-19 in the previous fiscal year. - FY2022-Q3AdvancedAnnual report
「Against this backdrop, the Group's consolidated net sales increased 12.2% year on year to ¥15,329 million. Growth was limited by customers' production cuts from September, but sales still increased because the same period of the previous year had seen a substantial decline. Operating profit increased 116.6% to ¥1,119 million in line with higher sales. A ¥142 million foreign exchange gain was recorded as the yen weakened, and ordinary profit increased 104.1% to ¥1,531 million. With the prior-period income tax burden no longer present, quarterly profit attributable to owners of the parent increased 206.9% to ¥1,104 million.」
For the first 3 quarters, consolidated net sales increased 12.2% year on year, operating profit increased 116.6%, ordinary profit increased 104.1% and quarterly profit attributable to owners of the parent increased 206.9%. However, sales growth was constrained by customers' production cuts from September onward. - FY2022-Q2AdvancedAnnual report
「Against this backdrop, the Group's consolidated net sales increased substantially to ¥10,260 million, up 27.2% year on year, from the same period of the previous year, which was affected by a significant production cut. Operating profit returned to profitability at ¥971 million, compared with an operating loss of ¥162 million in the same period of the previous year. Ordinary profit was ¥1,072 million, 11.4 times the level of the same period of the previous year, and quarterly profit attributable to owners of the parent recovered substantially to ¥754 million, compared with a quarterly net loss of ¥92 million in the same period of the previous year.」
Operating profit returned to profitability, increasing from an operating loss in the same period of the previous year to ¥971 million, while sales increased 27.2% year on year. - FY2022-Q1AdvancedAnnual report
「Following these developments, the Group's consolidated net sales increased 46.1% year on year to ¥5,304 million. Operating profit was ¥618 million, compared with an operating loss of ¥258 million in the same period of the previous year. Ordinary profit was ¥654 million, compared with an ordinary loss of ¥80 million, and quarterly profit attributable to owners of the parent was ¥421 million, compared with a quarterly net loss attributable to owners of the parent of ¥172 million.」
The first quarter returned to profitability, from an operating loss, ordinary loss and net loss in the same period of the previous year to operating profit of ¥618 million, ordinary profit of ¥654 million and net profit of ¥421 million. Consolidated net sales also increased 46.1% year on year. - FY2021Ordinary profit and net profit increased despite lower sales and operating profitAnnual report
「Consolidated net sales decreased 11.4% from the previous consolidated fiscal year to ¥18,965 million, reflecting the impact of the decline in the first half. Operating profit decreased 20.6% to ¥997 million, weighed down by expenses associated with lower production in the first half. Ordinary profit increased 13.9% to ¥1,589 million, partly due to subsidies recorded in connection with temporary leave.」
Sales and operating profit declined, while ordinary profit and profit attributable to owners of the parent increased due to subsidies related to temporary leave and other factors. - FY2021-Q3Continued decline in revenue and profitAnnual report
「Against this backdrop, the Group's consolidated net sales decreased 15.4% year on year to ¥13,658 million. Operating profit was ¥516 million, down 46.3% year on year. Although a ¥110 million foreign exchange loss was recorded as the yen remained strong from the beginning of the fiscal year, ordinary profit was ¥750 million, down 29.8% year on year, partly due to income from employment adjustment subsidies. Profit attributable to owners of the parent was ¥359 million, down 51.3% year on year, as the tax burden increased due to taxation of prior-period income.」
For the first 3 quarters, sales, operating profit, ordinary profit and quarterly profit attributable to owners of the parent were all below the levels of the same period of the previous year. Operating profit remained positive, but the decline in sales widened the decrease in profit. - FY2021-Q2Continued transition to lower sales, an operating loss and a net lossAnnual report
「Against this backdrop, the Group's consolidated net sales decreased 25.1% year on year to ¥8,066 million, reflecting the decline caused by customers suspending plant operations from April through June. Due to the sharp decline in sales, the Group recorded an operating loss of ¥162 million, compared with operating profit of ¥705 million in the same period of the previous year. Ordinary profit was ¥93 million, down 86.9% year on year, as employment adjustment subsidies related to operating adjustments from temporary leave were recorded as non-operating income. Profit attributable to owners of the parent was a quarterly net loss of ¥92 million, as the tax burden increased due to taxation of prior-period income, compared with quarterly profit attributable to owners of the parent of ¥486 million in the same period of the previous year.」
Due to customers suspending plant operations and other effects of the novel coronavirus, consolidated net sales declined 25.1% year on year, and operating profit and profit attributable to owners of the parent both turned into losses. - FY2021-Q1COVID-19 caused lower sales and an operating lossAnnual report
「In response, the Group's consolidated net sales for the first-quarter cumulative period decreased substantially to ¥3,631 million, down 32.7% year on year. Following the sharp decline in sales, the Group recorded an operating loss of ¥258 million, compared with operating profit of ¥391 million in the same period of the previous year; an ordinary loss of ¥80 million, compared with ordinary profit of ¥345 million; and a quarterly net loss attributable to owners of the parent of ¥172 million, compared with quarterly profit attributable to owners of the parent of ¥230 million.」
Due to the impact of the novel coronavirus, consolidated net sales declined 32.7% year on year, and operating profit, ordinary profit and quarterly profit attributable to owners of the parent all turned into losses. - FY2020Revenue growth was limited to the contribution from the acquisition, while the decline in profit widenedAnnual report
「The Group's consolidated net sales increased 5.1% from the previous consolidated fiscal year to ¥21,401 million, but this was due to the addition of sales from the Igari Sangyo Group, which became part of the consolidated group in the current fiscal year. Excluding the Igari Sangyo Group, sales declined 4.2% year on year. Operating profit decreased 38.1% to ¥1,256 million due to higher resource prices, lower scrap prices, and increased personnel, labor and depreciation costs.」
Consolidated net sales increased following the inclusion of the Igari Sangyo Group in the consolidated group, but the existing consolidated companies saw a 4.2% decline in sales, and operating profit decreased 38.1%. - FY2020-Q3Slower revenue growth and a wider decline in operating profit and belowAnnual report
「The Group's consolidated net sales increased 4.4% year on year to ¥16,150 million following the acquisition of the Igari Sangyo Group as a subsidiary. However, sales of the existing consolidated companies excluding the Igari Sangyo Group declined 5.0% year on year, and operating profit fell 43.2% to ¥962 million due to higher raw material prices, lower iron scrap prices, increased personnel and labor costs, higher depreciation expenses and deteriorating profitability at overseas subsidiaries.」
Consolidated net sales increased following the acquisition of the Igari Sangyo Group as a subsidiary, but the existing consolidated companies saw lower sales, and operating profit declined 43.2% year on year. Ordinary profit and quarterly profit attributable to owners of the parent also declined 43.5% and 46.3%, respectively. - FY2020-Q2Higher revenue, lower operating profit, lower ordinary profit and lower net incomeAnnual report
「Against this backdrop, the Group's consolidated net sales increased 5.3% year on year to ¥10,765 million following the acquisition of the Igari Sangyo Group as a subsidiary. However, sales of the existing consolidated companies excluding the Igari Sangyo Group declined 4.4% year on year, while higher raw material prices, lower iron scrap prices, increased personnel and labor costs, higher depreciation expenses and deteriorating profitability at overseas subsidiaries also affected earnings. As a result, operating profit decreased 38.8% to ¥705 million. Ordinary profit decreased 48.7% to ¥713 million, partly because foreign exchange gains of ¥169 million in the previous fiscal year turned into foreign exchange losses of ¥102 million outside operating income. As a result, quarterly profit attributable to owners of the parent decreased 51.9% to ¥486 million.」
Sales increased following the inclusion of the Igari Sangyo Group in the consolidated group, while operating profit, ordinary profit and net profit all declined due to lower sales at the existing consolidated companies, higher raw material, personnel and depreciation costs, deteriorating profitability at overseas subsidiaries and foreign exchange losses. - FY2020-Q1Higher revenue, lower operating profit, lower ordinary profit and lower net incomeAnnual report
「Against this backdrop, the Group's consolidated net sales increased 4.1% year on year to ¥5,398 million. On a yen basis, all companies included in the previous consolidated fiscal year's scope declined due in part to the stronger yen, but the addition of Igari Sangyo Co., Ltd. and its Thai subsidiary offset this decline. Operating profit decreased 37.8% to ¥391 million, mainly because profit declined domestically due to higher personnel and facility costs, profit at the US and Indonesian subsidiaries declined due to lower sales and other factors, and expenses related to the Igari Sangyo Group acquisition were recorded. Ordinary profit decreased 53.6% to ¥345 million, as foreign exchange gains of ¥84 million in the previous fiscal year turned into foreign exchange losses of ¥87 million, partly due to the stronger yen. As a result, quarterly profit attributable to owners of the parent decreased 57.1% to ¥230 million.」
Sales increased following the inclusion of Igari Sangyo Co., Ltd. and its Thai subsidiary in the consolidated group, while operating profit, ordinary profit and quarterly profit attributable to owners of the parent declined due to higher domestic personnel and facility costs, lower sales at the US and Indonesian subsidiaries, M&A expenses and foreign exchange losses caused by the stronger yen. - FY2019Revenue up, operating profit down, ordinary profit up, net income downAnnual report
「Against this backdrop, the Group's consolidated net sales increased 1.4% from the previous consolidated fiscal year to ¥20,368 million. Operating profit decreased 10.8% to ¥2,030 million due to higher depreciation expenses, increased personnel and labor costs, and lower profit resulting from sluggish sales at the US subsidiary. Ordinary profit increased 6.2% to ¥2,408 million, as foreign exchange gains of ¥109 million were recorded, reversing the foreign exchange losses in the previous fiscal year. Profit attributable to owners of the parent decreased 1.3% to ¥1,741 million, despite tax benefits from the tax incentive for promoting income growth and other factors, due in part to higher tax expenses resulting from tax effects at the Indonesian subsidiary.」
Sales increased, but operating profit declined due to higher depreciation expenses, personnel and labor costs, and sluggish sales at the US subsidiary. Ordinary profit increased due to foreign exchange gains, while net profit declined. - FY2019-Q3Higher revenue, lower operating profit, lower ordinary profit and lower net incomeAnnual report
「The Group's consolidated net sales increased 2.6% year on year to ¥15,468 million due to higher sales to domestic automakers and unit manufacturers. However, operating profit decreased 6.9% to ¥1,694 million, partly due to higher personnel and labor costs and increased depreciation expenses. Ordinary profit decreased 1.3% to ¥1,890 million, partly because foreign exchange gains outside operating income had halved to ¥86 million from the end of the second quarter. As a result, quarterly profit attributable to owners of the parent decreased 0.7% to ¥1,375 million.」
Sales increased on growth in sales to domestic customers, while operating profit, ordinary profit and quarterly profit attributable to owners of the parent all declined year on year due to higher personnel and labor costs, increased depreciation expenses and lower foreign exchange gains. - FY2019-Q2Higher revenue, lower operating profit and higher ordinary profitAnnual report
「Against this backdrop, the Group's consolidated net sales increased 2.7% year on year to ¥10,219 million, driven by higher sales to domestic automakers and unit manufacturers. Operating profit decreased 3.7% to ¥1,153 million, as the benefits of higher sales and improvements were outweighed by increased personnel and labor costs, higher depreciation expenses and deteriorating profitability at the North American subsidiary. Ordinary profit increased 10.7% to ¥1,390 million due to an operating income of ¥169 million from foreign exchange gains. As a result, quarterly profit attributable to owners of the parent increased 9.7% to ¥1,011 million.」
Sales increased on growth in sales to domestic automakers and unit manufacturers, while operating profit declined due to higher personnel and labor costs, increased depreciation expenses and deteriorating profitability at the North American subsidiary. Ordinary profit and quarterly profit attributable to owners of the parent increased due to foreign exchange gains. - FY2019-Q1AdvancedAnnual report
「Against this backdrop, the Group's consolidated net sales increased 5.4% year on year to ¥5,187 million, driven by growth in domestic sales. Regarding earnings, the performance of overseas subsidiaries also improved, and operating profit increased 18.7% to ¥629 million. Ordinary profit increased 38.3% to ¥744 million, as the yen weakened by approximately ¥4.3 against the US dollar at the end of June from the end of the previous fiscal year. As a result, profit attributable to owners of the parent for the quarter increased 38.3% to ¥537 million.」
Driven by growth in domestic sales and improved earnings at overseas subsidiaries, sales increased 5.4% year on year, operating profit increased 18.7%, and ordinary profit and quarterly profit attributable to owners of the parent increased 38.3%. The first quarter shifted to revenue and profit growth from the declining profit trend in the previous full fiscal year. - FY2018Full-year revenue growth, but lower operating profit and belowAnnual report
「The Group's consolidated net sales increased to ¥20,083 million, up 4.4% from the previous consolidated fiscal year, exceeding the medium- to long-term target of ¥20 billion. Regarding earnings, improvements in Japan and overseas progressed at about the usual pace, but operating profit decreased 1.5% to ¥2,276 million due to higher raw material prices, increased depreciation expenses and higher personnel and labor costs associated with wage improvements. Ordinary profit decreased 6.5% to ¥2,267 million following a ¥165 million foreign exchange loss. Profit attributable to owners of the parent decreased 5.4% to ¥1,764 million.」
For the full year, sales increased and exceeded ¥20 billion, while operating profit, ordinary profit and net profit declined due to higher raw material, depreciation and personnel costs, as well as foreign exchange losses. - FY2018-Q3Higher revenue, lower operating profit, lower ordinary profit and lower net incomeAnnual report
「In this environment, the Group's consolidated net sales increased 4.8% year on year to ¥15,075 million, mainly due to sales growth to domestic unit manufacturers. Although higher sales and the effects of improvements contributed to operating profit, it declined 1.2% to ¥1,819 million due to a decline in profit at the US subsidiary and other factors.」
While net sales increased, operating profit declined due to a decrease in profit at the US subsidiary and other factors. Ordinary profit fell 4.2% and profit attributable to owners of the parent for the quarter fell 7.6%, partly due to the shift to foreign exchange losses and the absence of the extraordinary gain from the sale of the former head office in the previous fiscal year. - FY2018-Q2AdvancedAnnual report
「In this environment, the Group's consolidated net sales increased 4.1% year on year to ¥9,948 million due to sales growth to domestic unit manufacturers. Operating profit increased 4.3% to ¥1,198 million due to higher sales and the effects of improvements. Ordinary profit increased 37.3% to ¥1,255 million as foreign exchange losses below operating profit recorded in the previous year declined significantly. As a result, profit attributable to owners of the parent for the quarter increased 40.7% to ¥922 million.」
For the cumulative second quarter, net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the quarter all exceeded the levels of the same period of the previous year. Sales growth to domestic unit manufacturers, the effects of improvements and the decline in foreign exchange losses were identified as factors behind the increase in profit. - FY2018-Q1Higher sales, lower operating profit and higher ordinary profitAnnual report
「In this environment, the Group's consolidated net sales increased 2.5% year on year to ¥4,921 million due to growth in Japan and Indonesia. In terms of earnings, operating profit fell 16.3% to ¥530 million due to higher expenses including material costs, but ordinary profit increased 20.9% to ¥538 million as the yen was approximately ¥9 per US dollar weaker at the end of June than in the same period of the previous year. Profit attributable to owners of the parent for the quarter increased 21.8% to ¥388 million.」
Although sales increased due to growth in Japan and Indonesia, operating profit declined because of higher expenses including material costs, while ordinary profit and profit attributable to owners of the parent for the quarter increased due to the weaker yen. Compared with the previous description of higher sales and higher operating profit, the performance factors are now mixed. - FY2017-Q3AdvancedAnnual report
「In this environment, the Group's consolidated net sales were ¥14,386 million, up 2.8% year on year. In terms of earnings, operating profit increased 44.3% to ¥1,841 million as various improvements progressed both in Japan and overseas, and ordinary profit increased 67.6% to ¥1,998 million as the yen was weaker than at the beginning of the fiscal year. Profit attributable to owners of the parent for the quarter increased 73.9% to ¥1,500 million, including a gain on the sale of the former head office land and buildings and other assets.」
During the cumulative third quarter, consolidated net sales, operating profit, ordinary profit and profit attributable to owners of the parent for the quarter all exceeded the levels of the same period of the previous year. In addition to improvements in Japan and overseas, the weaker yen and the sale of the former head office land and buildings and other assets were identified as factors behind the increase in profit. - FY2017-Q2AdvancedAnnual report
「In this environment, the Group's consolidated net sales increased 3.1% year on year to ¥9,558 million, partly due to sales growth at its Indonesian subsidiary. Operating profit increased 34.8% to ¥1,149 million due to higher sales and the effects of improvements. Although foreign exchange losses were recorded below operating profit as the yen appreciated, they were offset by higher sales and the effects of improvements, and ordinary profit increased 13.0% to ¥914 million. As a result, profit attributable to owners of the parent for the quarter increased 13.7% to ¥655 million.」
For the cumulative second quarter, consolidated net sales increased 3.1% year on year, operating profit increased 34.8%, and profit attributable to owners of the parent for the quarter increased 13.7%, due to sales growth at the Indonesian subsidiary and the effects of higher sales and improvements. - FY2017-Q1AdvancedAnnual report
「In this environment, the Group's consolidated net sales were ¥4,800 million, up 7.6% year on year, as sales remained firm both in Japan and overseas. In terms of earnings, operating profit increased 60.7% to ¥633 million as various improvements progressed both in Japan and overseas. Ordinary profit increased 4.7% to ¥445 million due to foreign exchange losses arising from the sharp appreciation of the yen from the beginning of the fiscal year. As a result, profit attributable to owners of the parent for the quarter increased 30.0% to ¥319 million.」
Improvements in Japan and overseas resulted in first-quarter consolidated net sales increasing 7.6% year on year, operating profit increasing 60.7%, and profit attributable to owners of the parent for the quarter increasing 30.0%. - FY2016First statedAnnual report
「The Group's consolidated net sales increased to ¥18,764 million, up 5.1% from the previous consolidated fiscal year, supported by sales growth at overseas subsidiaries. In terms of earnings, operating profit increased to ¥1,773 million, up 28.6%, due to progress in improvements in Japan and improved performance at overseas subsidiaries, among other factors.」
The filing explains that sales growth at overseas subsidiaries and improvements in Japan and at overseas subsidiaries were factors behind the increase in sales and operating profit for the fiscal year.