Operating profit increased despite lower revenue, while net income declined
First written in FY2017-Q1. 17 of 38 entries say "Worsened", first in FY2018-Q3. Latest entry: 2026-11-13.
Nihon Plast moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 7 of 27 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2026Recovery in ordinary and net income despite lower revenue and operating profitAnnual report
「Revenue for the fiscal year ended decreased 4.8% year on year to ¥114,861 million due to the impact of customer production cuts and other factors. In terms of earnings, operating profit decreased 4.5% year on year to ¥2,647 million due to the impact of lower revenue and other factors, while ordinary profit increased 24.5% to ¥2,499 million. Net income attributable to owners of the parent was ¥2,012 million, compared with ¥56 million in the previous period, as extraordinary gains increased due to the recognition of reversals of the provision for product warranties and gains on the sale of investment securities, despite the recognition of impairment losses as an extraordinary loss.」
Revenue and operating profit declined, but ordinary profit increased due to foreign exchange gains and other factors, while net income recovered from ¥56 million to ¥2,012 million due to a reversal of the provision for product warranties and gains on the sale of investment securities. - 2026-05-22WorsenedEarnings presentation
「車種構成差、減収影響、変動費増加等のマイナス要因を、合理化、固定費減少等で打ち返すことができず減益」
2026年3月期は売上高と営業利益が減少した。経常利益と親会社株主に帰属する当期純利益は増加しており、利益項目ごとの動きが分かれている。 - FY2026-H1WorsenedAnnual report
「Revenue decreased 6.9% year on year to ¥56,137 million due to the impact of customer production cuts and other factors. In terms of earnings, operating profit decreased 30.4% year on year to ¥1,060 million and ordinary profit decreased 34.4% to ¥856 million due to the impact of lower revenue and other factors. Interim net income attributable to owners of the parent increased 40.2% year on year to ¥1,122 million due in part to the recognition of reversals of the provision for product warranties and gains on the sale of investment securities.」
Revenue, operating profit and ordinary profit declined, with operating profit down 30.4%. Meanwhile, interim net income attributable to owners of the parent increased due to reversals of the provision for product warranties and gains on the sale of investment securities. - FY2025WorsenedAnnual report
「Revenue for the fiscal year ended decreased 2.9% year on year to ¥120,591 million. Although higher revenue following foreign currency translation and progress in passing costs through to selling prices provided support, the impact of customer production cuts and other factors weighed on revenue. In terms of earnings, positive factors including progress in passing costs through to selling prices and expense controls in Japan and differences in vehicle mix in Southeast Asia were offset by the impact of lower revenue in North America and China, resulting in operating profit decreasing 1.4% year on year to ¥2,772 million. Ordinary profit decreased 31.3% to ¥2,006 million, while net income attributable to owners of the parent decreased 97.7% to ¥56 million due to the recognition of impairment losses and other factors.」
Despite foreign currency translation effects and cost pass-through, revenue, operating profit and ordinary profit declined, while net income attributable to owners of the parent fell sharply from ¥2,478 million to ¥56 million due to impairment losses and other factors. - FY2025-H1WorsenedAnnual report
「Against this backdrop, revenue for the interim consolidated period increased 3.6% year on year to ¥60,319 million. Although revenue declined due to weak sales by Japanese automakers in China, customer production cuts in North America and lower selling prices linked to declines in raw material prices and other factors, revenue was supported by increased customer production in Japan and Southeast Asia and higher revenue following foreign currency translation in North America. In terms of earnings, despite positive factors including higher revenue in Japan and Southeast Asia, operating profit decreased 11.6% year on year to ¥1,524 million and ordinary profit decreased 38.1% to ¥1,306 million due to lower revenue in North America and China and higher labor costs following wage increases. Interim net income attributable to owners of the parent decreased 56.2% year on year to ¥800 million.」
Revenue increased 3.6%, while operating profit decreased 11.6%, ordinary profit decreased 38.1% and interim net income attributable to owners of the parent decreased 56.2%. The pattern of higher revenue alongside lower earnings is becoming more pronounced. - FY2024AdvancedAnnual report
「Against this backdrop, revenue for the fiscal year ended increased 20.2% year on year to ¥124,255 million. Although revenue declined due to weak sales by Japanese automakers in China and other factors, revenue was supported by customers' production recovery as semiconductor shortages eased, the new-model effect, progress in passing higher raw material prices through to selling prices, and higher revenue following foreign currency translation. In terms of earnings, despite negative factors including lower revenue in China, higher labor costs following wage increases and the recognition of an allowance for doubtful accounts, operating profit was ¥2,811 million, compared with an operating loss of ¥966 million in the previous period, due to higher revenue in other regions, improved profitability through rationalization, the easing of raw material price increases and the elimination of production losses following customers' production recovery.」
From lower revenue and an operating loss in the previous period, the current period saw revenue increase 20.2% and operating profit turn positive at ¥2,811 million. Ordinary profit and net income attributable to owners of the parent were also positive at ¥2,920 million and ¥2,478 million, respectively. - FY2024-Q3AdvancedAnnual report
「Against this backdrop, revenue for the cumulative third quarter ended increased 19.9% year on year to ¥90,509 million. Although revenue declined due to weak sales by Japanese automakers in China and other factors, revenue was supported by customers' production recovery as semiconductor shortages eased, the new-model effect, progress in passing higher raw material prices through to selling prices, and higher revenue following foreign currency translation. In terms of earnings, despite negative factors including lower revenue in China, higher labor costs following wage increases and the recognition of an allowance for doubtful accounts, operating profit was ¥2,194 million, compared with an operating loss of ¥1,590 million in the same period of the previous year, due to higher revenue in other regions, improved profitability through rationalization, the easing of raw material price increases and the elimination of production losses following customers' production recovery. Ordinary profit was ¥2,456 million, compared with an ordinary loss of ¥1,107 million, following the recognition of foreign exchange gains from the revaluation of foreign-currency receivables and loans to overseas consolidated subsidiaries at the fiscal year-end exchange rate. Net income attributable to owners of the parent was ¥2,527 million, compared with a net loss of ¥1,997 million, due in part to the recognition of a reversal of the provision for product warranties as an extraordinary gain.」
Revenue increased 19.9% year on year, and operating profit, ordinary profit and net income attributable to owners of the parent all continued to progress from losses in the same period of the previous year to profits. - FY2024-Q2AdvancedAnnual report
「Against this backdrop, revenue for the cumulative second quarter ended increased 22.9% year on year to ¥58,208 million. Although revenue declined due to weak sales by Japanese automakers in China and other factors, revenue was supported by customers' production recovery as semiconductor shortages eased, the new-model effect, progress in passing higher raw material prices through to selling prices, and higher revenue following foreign currency translation. In terms of earnings, despite negative factors including lower revenue in China and higher labor costs following wage increases, operating profit was ¥1,724 million, compared with an operating loss of ¥1,284 million in the same period of the previous year, due to higher revenue in other regions, improved profitability through rationalization, the easing of raw material price increases and the elimination of production losses following customers' production recovery. Ordinary profit was ¥2,110 million, compared with an ordinary loss of ¥796 million, following the recognition of foreign exchange gains from the revaluation of foreign-currency receivables and loans to overseas consolidated subsidiaries at the fiscal year-end exchange rate. Net income attributable to owners of the parent was ¥1,829 million, compared with a net loss of ¥1,471 million.」
Revenue increased 22.9%, and operating profit, ordinary profit and net income attributable to owners of the parent all changed from losses in the same period of the previous year to profits. - FY2024-Q1AdvancedAnnual report
「Against this backdrop, revenue for the cumulative first quarter ended increased 22.7% year on year to ¥28,600 million. In terms of earnings, operating profit was ¥389 million, compared with an operating loss of ¥351 million in the same period of the previous year, and ordinary profit was ¥422 million, compared with an ordinary loss of ¥92 million, due to the impact of higher revenue, improved profitability through rationalization, the easing of increases in the prices of some raw materials and other factors, and the elimination of production losses following customers' production recovery. Net income attributable to owners of the parent was ¥292 million, compared with a net loss of ¥487 million.」
Revenue increased 22.7%, and operating profit, ordinary profit and net income attributable to owners of the parent all changed from losses in the same period of the previous year to profits. - FY2023-Q3WorsenedAnnual report
「In terms of earnings, despite higher revenue in Japan and North America, improved profitability through rationalization and some progress in passing higher costs through to selling prices, the company posted an operating loss of ¥1,590 million and an ordinary loss of ¥1,107 million, compared with losses of ¥854 million and ¥599 million, respectively, in the same period of the previous year. This reflected lower revenue in China, higher raw material prices and transportation costs, production losses from substantial last-minute production cuts due to semiconductor shortages, and higher labor costs following wage increases in North America. Net loss attributable to owners of the parent was ¥1,997 million, compared with ¥958 million.」
Despite higher revenue and rationalization effects, operating, ordinary and net losses attributable to owners of the parent all widened from the same period of the previous year. - FY2023-Q2WorsenedAnnual report
「In terms of earnings, although profitability improved through rationalization and some of the increases in raw material and other costs were passed through to selling prices, the company posted an operating loss of ¥1,284 million and an ordinary loss of ¥796 million, compared with losses of ¥234 million and ¥200 million, respectively, in the same period of the previous year. This reflected the impact of lower revenue, higher raw material prices amid market fluctuations, production losses from substantial last-minute production cuts due to semiconductor shortages, higher labor costs following wage increases in North America and China, higher transportation costs and increased expenses due to inflation. Net loss attributable to owners of the parent was ¥1,471 million, compared with a net loss of ¥448 million.」
Revenue increased 11.6% due to foreign exchange and other factors, but the operating loss widened from ¥234 million to ¥1,284 million, the ordinary loss from ¥200 million to ¥796 million, and the net loss attributable to owners of the parent from ¥448 million to ¥1,471 million. - FY2023-Q1WorsenedAnnual report
「Revenue increased 4.7% year on year to ¥23,305 million due to foreign exchange effects and other factors, but excluding foreign exchange effects, revenue declined due to the impact of semiconductor shortages and other factors. In terms of earnings, despite efforts to improve profitability through rationalization, the company posted an operating loss of ¥351 million and an ordinary loss of ¥92 million, compared with operating profit of ¥478 million and ordinary profit of ¥469 million, respectively, in the same period of the previous year. This reflected the impact of lower revenue, higher raw material prices amid market fluctuations, production losses from substantial last-minute production cuts due to semiconductor shortages, higher labor costs following wage increases in North America and China, higher transportation costs and increased expenses due to inflation. Net loss attributable to owners of the parent was ¥487 million, compared with net income of ¥235 million.」
Revenue increased including foreign exchange effects, but in substance declined, and operating profit, ordinary profit and net income attributable to owners of the parent all changed from profits in the same period of the previous year to losses. - FY2022WorsenedAnnual report
「Revenue for the fiscal year ended increased 4.1% year on year to ¥86,504 million, mainly due to recovery from the impact of the spread of COVID-19 infections in North America and China through the second quarter and foreign exchange effects. However, revenue declined from the third quarter onward due to the prolonged semiconductor shortage and other factors, and difficult conditions continued. In terms of earnings, despite the impact of higher revenue and rationalization effects through the second quarter, the company posted an operating loss of ¥722 million, compared with operating profit of ¥1,288 million in the previous period, due to difficulty in securing an appropriate production system following substantial last-minute production cuts caused by semiconductor shortages, higher ocean freight costs due to container shortages, higher raw material prices amid market fluctuations, and the impact of lower revenue from the third quarter onward.」
Revenue increased, while operating profit, ordinary profit and net income all became losses. Net loss attributable to owners of the parent widened to ¥8,018 million. - FY2022-Q3WorsenedAnnual report
「For the cumulative third quarter ended, revenue increased 9.4% year on year to ¥61,810 million, mainly due to recovery from the impact of the spread of COVID-19 infections in North America and China through the second quarter. Despite the impact of higher revenue and rationalization effects through the second quarter, the company posted an operating loss of ¥854 million and an ordinary loss of ¥599 million, compared with losses of ¥316 million and ¥175 million, respectively, in the same period of the previous year. This reflected difficulty in securing an appropriate production system following substantial last-minute production cuts due to semiconductor shortages, higher ocean freight costs due to container shortages, and higher prices for resin materials amid market fluctuations. Net loss attributable to owners of the parent was ¥958 million, compared with ¥498 million.」
Revenue increased 9.4% year on year due to recovery, but operating, ordinary and net losses attributable to owners of the parent all widened from the same period of the previous year. - FY2022-Q2AdvancedAnnual report
「Against this backdrop, revenue for the cumulative second quarter ended increased 32.8% year on year to ¥42,454 million, mainly due to recovery from the impact of the spread of COVID-19 infections in North America and China. In terms of earnings, despite the impact of higher revenue and rationalization effects, the company posted an operating loss of ¥234 million and an ordinary loss of ¥200 million, compared with losses of ¥1,451 million and ¥1,427 million, respectively, in the same period of the previous year. This reflected difficulty in securing an appropriate production system following substantial last-minute production cuts due to semiconductor shortages, higher ocean freight costs due to container shortages, and higher prices for resin materials amid market fluctuations. Net loss attributable to owners of the parent was ¥448 million, compared with ¥1,406 million.」
Revenue increased 32.8% due to recovery in North America and China, while operating, ordinary and net losses attributable to owners of the parent all narrowed from the same period of the previous year. However, losses continued. - FY2022-Q1AdvancedAnnual report
「Against this backdrop, revenue for the cumulative first quarter ended increased 31.7% year on year to ¥22,264 million, mainly due to recovery from the impact of the spread of COVID-19 infections in China and Japan. In terms of earnings, operating profit was ¥478 million, compared with an operating loss of ¥1,083 million in the same period of the previous year, and ordinary profit was ¥469 million, compared with an ordinary loss of ¥1,194 million, due to the impact of higher revenue, rationalization effects and other factors. Net income attributable to owners of the parent was ¥235 million, compared with a net loss attributable to owners of the parent of ¥1,352 million.」
Revenue increased 31.7%, and operating profit, ordinary profit and net income attributable to owners of the parent all changed from losses in the same period of the previous year to profits. - FY2021Operating profit turned positive for the full year, but bottom-line earnings remained in the redAnnual report
「Operating profit decreased 71.4% year on year to ¥1,288 million due to the impact of lower revenue in the first half and other factors, but various improvement initiatives enabled the operating deficit through the third quarter to turn positive for the full year. Ordinary profit decreased 58.5% year on year to ¥1,669 million. Net loss attributable to owners of the parent was ¥1,045 million, compared with net income attributable to owners of the parent of ¥2,356 million in the previous period, due to the recognition of impairment losses in Japan and other factors.」
Operating profit changed from a deficit through the third quarter to a full-year profit of ¥1,288 million, but operating profit and ordinary profit declined year on year, while impairment losses and other factors resulted in a net loss attributable to owners of the parent of ¥1,045 million. - FY2021-Q3Lower revenue and lower earnings continued, but the loss narrowed, indicating a recovery phaseAnnual report
「Revenue for the cumulative third quarter ended decreased 29.5% year on year to ¥56,514 million due to the impact of the spread of COVID-19 infections in the first half, but recovered steadily in the third quarter. In terms of earnings, the company posted an operating loss of ¥316 million, compared with operating profit of ¥3,580 million in the same period of the previous year, due to the impact of lower revenue in the first half and other factors, but entered a recovery phase through various improvement initiatives. The ordinary loss was ¥175 million, compared with ordinary profit of ¥3,284 million in the same period of the previous year. Net loss attributable to owners of the parent was ¥498 million, compared with net income attributable to owners of the parent of ¥2,057 million.」
Revenue, operating profit, ordinary profit and net income declined year on year and losses continued, but the rate of decline in revenue narrowed from 41.2% for the cumulative second quarter to 29.5%, and the operating loss narrowed from ¥1,451 million to ¥316 million. The company stated that it recovered steadily in the third quarter and entered a recovery phase through improvement initiatives. - FY2021-Q2WorsenedAnnual report
「Against this backdrop, revenue for the cumulative second quarter ended decreased 41.2% year on year to ¥31,974 million due to lower revenue and other factors resulting from the spread of COVID-19 infections. In terms of earnings, the company posted an operating loss of ¥1,451 million, compared with operating profit of ¥2,208 million in the same period of the previous year, and an ordinary loss of ¥1,427 million, compared with ordinary profit of ¥1,940 million. Net loss attributable to owners of the parent was ¥1,406 million, compared with net income attributable to owners of the parent of ¥1,174 million.」
Revenue decreased 41.2%, and operating profit, ordinary profit and net income attributable to owners of the parent all changed from profits in the same period of the previous year to losses. - FY2021-Q1WorsenedAnnual report
「Against this backdrop, revenue for the cumulative first quarter ended decreased 39.2% year on year to ¥16,909 million, mainly due to lower revenue resulting from the spread of COVID-19 infections in China and Japan and the impact of customer production cuts in North America. In terms of earnings, the company posted an operating loss of ¥1,083 million, compared with operating profit of ¥1,183 million in the same period of the previous year, and an ordinary loss of ¥1,194 million, compared with ordinary profit of ¥1,021 million. Net loss attributable to owners of the parent was ¥1,352 million, compared with net income attributable to owners of the parent of ¥531 million in the same period of the previous year.」
Revenue decreased 39.2%, and operating profit, ordinary profit and net income all changed to losses. The main factors cited were lower revenue in Japan and China due to COVID-19 and customer production cuts in North America. - FY2020WorsenedAnnual report
「Revenue for the fiscal year ended decreased 8.2% year on year to ¥106,141 million, mainly due to lower revenue resulting from customer production cuts and the impact of the spread of COVID-19 infections in Japan, as well as customer production cuts in North America and specification differences associated with a full model change in China. In terms of earnings, operating profit decreased 17.7% year on year to ¥4,507 million due to the impact of lower revenue and other factors, while ordinary profit decreased 26.1% to ¥4,021 million due to foreign exchange effects and other factors. Net income attributable to owners of the parent decreased 39.3% year on year to ¥2,356 million.」
From higher revenue and significantly higher earnings in the previous period, the current period saw revenue, operating profit, ordinary profit and net income attributable to owners of the parent all decline. - FY2020-Q3WorsenedAnnual report
「Revenue for the cumulative third quarter ended decreased 6.2% year on year to ¥80,113 million, mainly due to the impact of customer production cuts in North America and specification differences associated with a full model change in China. In terms of earnings, operating profit decreased 1.5% year on year to ¥3,580 million due to the impact of lower revenue and other factors, while ordinary profit decreased 7.9% to ¥3,284 million due to foreign exchange effects and other factors. Net income attributable to owners of the parent decreased 17.0% year on year to ¥2,057 million, due in part to the recognition of a loss on the sale of shares in an affiliate as an extraordinary loss.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, while the ¥176 million loss on the sale of shares in an affiliate also weighed on net income. - FY2020-Q2Higher operating profit despite lower revenue, while ordinary and net income declinedAnnual report
「Against this backdrop, revenue for the cumulative second quarter ended decreased 2.6% year on year to ¥54,392 million, mainly due to the impact of customer production cuts in North America and specification differences associated with a full model change in China. In terms of earnings, operating profit increased 5.7% year on year to ¥2,208 million due to the new-model effect in North America despite the impact of lower revenue, while ordinary profit decreased 9.1% to ¥1,940 million due to foreign exchange effects and other factors. Net income attributable to owners of the parent decreased 21.4% year on year to ¥1,174 million.」
Revenue decreased 2.6%, but operating profit increased 5.7% due to the new-model effect in North America. Meanwhile, ordinary profit decreased 9.1% and net income decreased 21.4% due to foreign exchange effects and other factors. - FY2020-Q1WorsenedAnnual report
「Against this backdrop, revenue for the cumulative first quarter ended increased 1.3% year on year to ¥27,819 million, mainly due to the start-up of new front-impact safety components in North America. In terms of earnings, operating profit decreased 8.4% year on year to ¥1,183 million, mainly due to higher costs associated with differences in vehicle mix and the start-up of new vehicle models in Japan, while ordinary profit decreased 26.8% to ¥1,021 million. Net income attributable to owners of the parent decreased 50.1% year on year to ¥531 million.」
Revenue increased due to the start-up of new front-impact safety components, but operating profit, ordinary profit and net income attributable to owners of the parent all declined. Net income in particular decreased 50.1% year on year. - FY2019AdvancedAnnual report
「Against this backdrop, revenue for the fiscal year ended increased 0.8% year on year to ¥115,563 million. Although revenue declined due to weak sales of sedan models in North America, the new-model effect contributed to the increase. In terms of earnings, despite the impact of lower revenue in North America, operating profit increased 40.9% year on year to ¥5,476 million and ordinary profit increased 48.0% to ¥5,442 million, due to the new-model effect in Japan and North America and the internal capture of value added in Asia. Net income attributable to owners of the parent increased 92.6% year on year to ¥3,882 million.」
From lower revenue and lower earnings in the previous period, the current period saw revenue increase 0.8%, operating profit increase 40.9%, ordinary profit increase 48.0% and net income attributable to owners of the parent increase 92.6%, progressing to higher revenue and significantly higher earnings. - FY2019-Q3AdvancedAnnual report
「Against this backdrop, revenue for the cumulative third quarter ended increased 0.4% year on year to ¥85,449 million. Although revenue declined due to weak sales of sedan models in North America, the new-model effect and other factors contributed to the increase. In terms of earnings, despite the impact of lower revenue in North America, operating profit increased 56.1% year on year to ¥3,635 million and ordinary profit increased 46.7% to ¥3,566 million, due to the new-model effect in Japan and North America and the internal capture of value added in Asia. Net income attributable to owners of the parent increased 96.2% year on year to ¥2,480 million.」
Revenue changed to a 0.4% year-on-year increase, while the increases in operating profit, ordinary profit and net income attributable to owners of the parent all widened. The business progressed from lower revenue and lower earnings in the previous period to higher revenue and significantly higher earnings. - FY2019-Q2AdvancedAnnual report
「Revenue for the cumulative second quarter ended decreased 2.8% year on year to ¥55,843 million, mainly due to production cuts for the company's core vehicle models in North America, specification differences associated with a full model change and changes in the product mix. In terms of earnings, despite the impact of lower revenue in North America, operating profit increased 18.3% year on year to ¥2,089 million, and ordinary profit increased 13.4% to ¥2,134 million, due to the new-model effect in Japan and the internal capture of value added in Asia. Net income attributable to owners of the parent increased 52.8% year on year to ¥1,494 million.」
The rate of decline in revenue narrowed from 5.4% in the previous quarter to 2.8%, while increases in operating profit, ordinary profit and net income attributable to owners of the parent continued. - FY2019-Q1Changed to higher operating profit and net income as the decline in revenue narrowedAnnual report
「Against this backdrop, revenue for the cumulative first quarter ended decreased 5.4% year on year to ¥27,454 million, mainly due to the impact of production cuts for the company's core vehicle models in North America. Although revenue declined in North America, Japan performed strongly, and operating profit increased 46.3% year on year to ¥1,292 million due to factors including the internal capture of value added in Southeast Asia. Ordinary profit increased 43.4% to ¥1,395 million. Net income attributable to owners of the parent increased 82.1% year on year to ¥1,065 million.」
Although revenue declined, the rate of decline narrowed from 10.9% in the previous full year to 5.4%, and operating profit, ordinary profit and net income attributable to owners of the parent all changed to increases. - FY2018RestatedAnnual report
「Revenue for the fiscal year ended decreased 10.9% year on year to ¥114,689 million, mainly due to the impact of production cuts for the company's core vehicle models in North America. In terms of earnings, operating profit decreased 31.5% year on year to ¥3,885 million, ordinary profit decreased 27.9% to ¥3,678 million, and net income attributable to owners of the parent decreased 49.5% to ¥2,015 million.」
For the full year, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year, confirming the pattern of lower revenue and lower earnings seen during the quarters. - FY2018-Q3WorsenedAnnual report
「Against this backdrop, revenue for the cumulative third quarter ended decreased 10.5% year on year to ¥85,073 million, mainly due to the impact of production cuts for the company's core vehicle models in North America. In terms of earnings, operating profit decreased 52.1% year on year to ¥2,328 million due to the impact of lower revenue and other factors, while ordinary profit decreased 43.8% to ¥2,431 million. Net income attributable to owners of the parent decreased 64.5% year on year to ¥1,263 million.」
From the previous quarter's 26.3% decline in operating profit, 2.6% increase in ordinary profit and 29.2% decline in net income, all three measures declined for the cumulative period under review, with the magnitude of the declines also widening. - FY2018-Q2RestatedAnnual report
「Against this backdrop, revenue for the cumulative second quarter ended decreased 9.8% year on year to ¥57,469 million, mainly due to the impact of production cuts for the company's core vehicle models in North America. In terms of earnings, operating profit decreased 26.3% year on year to ¥1,766 million due to the impact of lower revenue and other factors, while ordinary profit increased 2.6% to ¥1,882 million due to foreign exchange effects. Net income attributable to owners of the parent decreased 29.2% year on year to ¥977 million.」
As in the previous quarter, operating profit and net income attributable to owners of the parent declined despite lower revenue, while ordinary profit increased due to foreign exchange effects. - FY2018-Q1Changed to declines in operating and net incomeAnnual report
「Against this backdrop, revenue for the cumulative first quarter ended decreased 11.0% year on year to ¥29,015 million, mainly due to the impact of production cuts for core vehicle models in North America. In terms of earnings, operating profit decreased 37.2% year on year to ¥883 million due to the impact of lower revenue and other factors, while ordinary profit increased 5.9% to ¥973 million due to the recognition of ¥99 million in foreign exchange gains. Net income attributable to owners of the parent decreased 11.2% year on year to ¥584 million.」
The previous pattern of higher operating and ordinary profit despite lower revenue changed this quarter to one in which operating profit and net income attributable to owners of the parent declined, while only ordinary profit increased due to foreign exchange gains. - FY2017-Q3The increase in net income widenedAnnual report
「Against this backdrop, revenue for the cumulative third quarter ended decreased 8.3% year on year to ¥95,103 million, mainly due to the impact of lower revenue following foreign currency translation. In terms of earnings, operating profit increased 33.9% year on year to ¥4,862 million, primarily due to differences in vehicle mix and material cost rationalization, while ordinary profit increased 56.9% to ¥4,329 million due to the recognition of ¥463 million in foreign exchange losses. Net income attributable to owners of the parent increased 96.4% year on year to ¥3,560 million.」
The pattern of higher operating and ordinary profit despite lower revenue continued, while net income attributable to owners of the parent increased 96.4% year on year, widening from the 9.3% increase for the previous cumulative quarter. - FY2017-Q2Net income changed from a decline to an increaseAnnual report
「Against this backdrop, revenue for the cumulative second quarter ended decreased 7.2% year on year to ¥63,700 million, mainly due to the impact of lower revenue following foreign currency translation. In terms of earnings, operating profit increased 24.5% year on year to ¥2,396 million, primarily due to differences in vehicle mix and material cost rationalization, while ordinary profit increased 9.8% to ¥1,834 million due to the recognition of ¥545 million in foreign exchange losses. Net income attributable to owners of the parent increased 9.3% year on year to ¥1,381 million.」
The pattern of higher operating and ordinary profit despite lower revenue continued, while net income also changed from a decline in the previous quarter to a 9.3% increase for the cumulative period under review. - FY2017-Q1First statedAnnual report
「Revenue decreased 2.3% year on year to ¥32,585 million, mainly due to the impact of lower revenue following foreign currency translation. In terms of earnings, operating profit increased 45.8% year on year to ¥1,406 million, primarily due to differences in vehicle mix and material cost rationalization, while ordinary profit decreased 0.2% to ¥919 million due to the recognition of ¥474 million in foreign exchange losses. Net income attributable to owners of the parent decreased 14.5% year on year to ¥658 million.」
Revenue declined, while operating profit increased. Ordinary profit was almost unchanged due to the impact of foreign exchange losses, and net income attributable to owners of the parent declined.