Medium- to Long-Term Revenue Growth and Operating Margin Improvement
First written in FY2021. 12 of 23 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Meiho Holdings moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
41 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Consolidated net sales for the fiscal year were ¥13,564 million, and EBITDA was ¥1,052 million.」
Net sales increased 4.3% year on year, while EBITDA increased 3.6%. The operating margin on net sales also rose from 3.6% to 3.7%, with profitability metrics improving for the full year after the deterioration in earnings in FY2026-H1. - FY2026-H1WorsenedAnnual report
「The group's consolidated operating results for the interim consolidated accounting period were revenue of ¥5,866.920 million, down 5.5% year on year; an operating loss of ¥115.672 million, compared with operating profit of ¥100.305 million in the same period of the previous year; an ordinary loss of ¥112.989 million, compared with ordinary profit of ¥81.783 million; and an interim net loss attributable to owners of the parent of ¥104.947 million, compared with an interim net loss attributable to owners of the parent of ¥16.226 million. EBITDA was ¥183.555 million, down 50.6% year on year.」
Revenue declined 5.5% year on year, operating profit and ordinary profit both turned from profits into losses, and EBITDA also declined 50.6%. - FY2025AdvancedAnnual report
「The operating margin for the consolidated fiscal year was 3.63%, up 2.21 percentage points year on year. The company will continue working to improve this indicator. Trends in the indicator for prior fiscal years are as follows.」
The operating margin improved from 1.42% in the previous year to 3.63%, and operating profit recovered to ¥472.173 million. The company also indicated a policy of adding revenue and EBITDA as management indicators going forward. EBITDA was ¥1,015.489 million, up 72.1% year on year. - FY2025-H1AdvancedAnnual report
「As a result, for the interim consolidated accounting period, the group's consolidated operating results were revenue of ¥6,208.220 million, up 41.6% year on year; operating profit of ¥100.305 million, compared with an operating loss of ¥13.820 million in the same period of the previous year; ordinary profit of ¥81.783 million, compared with an ordinary loss of ¥96.022 million; and an interim net loss attributable to owners of the parent of ¥16.226 million, compared with an interim net loss attributable to owners of the parent of ¥174.331 million. EBITDA was ¥371.667 million, up 146.8% year on year.」
Revenue increased 41.6% year on year, and operating results turned from a loss in the same period of the previous year to a profit of ¥100.305 million. The interim net loss attributable to owners of the parent continued. - FY2024WorsenedAnnual report
「The operating margin for the consolidated fiscal year was 1.42%, down 4.86 percentage points year on year. The company will continue working to improve this indicator.」
Revenue was ¥10,347.883 million, up 40.4% year on year, while the operating margin declined from 6.27% to 1.42%, and a net loss attributable to owners of the parent of ¥87.891 million was recorded for the fiscal year. - FY2024-Q3WorsenedAnnual report
「As a result, for the cumulative third quarter of the fiscal year, the group's consolidated operating results were revenue of ¥7,743.679 million, up 33.5% year on year; operating profit of ¥440.603 million, down 19.3%; ordinary profit of ¥369.638 million, down 34.1%; and quarterly net profit attributable to owners of the parent of ¥88.148 million, down 71.9%. Advisory fees and other expenses associated with the acquisition of shares in Fuji Civil Engineering Design Co., Ltd., Imada Construction Holdings Co., Ltd. and Igiar Holdings Co., Ltd., as well as expenses related to M&A activities, totaling ¥163.723 million, were included in selling, general and administrative expenses. In addition, ¥81.500 million in expenses related to financing the acquisition of shares in Imada Construction Holdings Co., Ltd. was recorded as non-operating expenses.」
Revenue increased 33.5% year on year, while operating profit declined 19.3%, ordinary profit declined 34.1%, and quarterly net profit attributable to owners of the parent declined 71.9%. M&A-related expenses of ¥163.723 million and acquisition financing expenses of ¥81.500 million were also recorded, resulting in deterioration in profitability despite revenue growth. - FY2024-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter of the fiscal year, the group's consolidated operating results were revenue of ¥4,383.009 million, up 29.4% year on year; an operating loss of ¥13.820 million, compared with operating profit of ¥166.222 million in the same period of the previous year; an ordinary loss of ¥96.022 million, compared with ordinary profit of ¥169.313 million; and a quarterly net loss attributable to owners of the parent of ¥174.331 million, compared with quarterly net profit attributable to owners of the parent of ¥81.185 million. Advisory fees and other expenses associated with the acquisition of shares in Fuji Civil Engineering Design Co., Ltd. and Imada Construction Holdings Co., Ltd., as well as expenses related to M&A activities, totaling ¥131.782 million, were included in selling, general and administrative expenses. In addition, ¥81.250 million in expenses related to financing the acquisition of shares in Imada Construction Holdings Co., Ltd. was recorded as non-operating expenses.」
For the cumulative second quarter, revenue increased 29.4% year on year, while operating profit turned from a profit of ¥166.222 million into an operating loss of ¥13.820 million, and ordinary profit and quarterly net profit attributable to owners of the parent also turned into losses. M&A-related expenses and acquisition financing expenses were also recorded. - FY2024-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter of the fiscal year, the group's consolidated operating results were revenue of ¥1,843.319 million, up 22.9% year on year; an operating loss of ¥48.218 million, compared with an operating loss of ¥31.109 million in the same period of the previous year; an ordinary loss of ¥35.620 million, compared with an ordinary loss of ¥15.622 million; and a quarterly net loss attributable to owners of the parent of ¥41.121 million, compared with a quarterly net loss attributable to owners of the parent of ¥26.376 million.」
Revenue increased 22.9% year on year, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the same period of the previous year. Revenue growth continued, but profitability deteriorated. - FY2023AdvancedAnnual report
「The operating margin for the consolidated fiscal year was 6.27%, up 0.66 percentage points year on year. The company will continue working to improve this indicator.」
The operating margin improved by 0.66 percentage points from 5.61% in the previous year to 6.27%. Although it remained below the 7.28% recorded in the fiscal year ending June 2021, the company reported progress toward margin improvement. - FY2023-Q3WorsenedAnnual report
「As a result, for the cumulative third quarter of the fiscal year, consolidated operating results were revenue of ¥5,802.024 million, up 20.3% year on year; operating profit of ¥546.221 million, up 16.0%; ordinary profit of ¥561.009 million, up 12.7%; and quarterly net profit attributable to owners of the parent of ¥313.231 million, up 3.5%.」
Revenue and operating profit exceeded the same period of the previous year, but operating profit growth lagged revenue growth, and the operating margin declined from approximately 9.76% to approximately 9.41%. Revenue growth continued, but there were negative factors affecting the margin improvement theme. - FY2023-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter of the fiscal year, the group's consolidated operating results were revenue of ¥3,386.493 million, up 13.4% year on year; operating profit of ¥166.222 million, down 1.4%; ordinary profit of ¥169.313 million, down 6.7%; and quarterly net profit attributable to owners of the parent of ¥81.185 million, down 17.4%.」
Revenue increased, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent were all below the same period of the previous year. No improvement in profitability was evident with respect to the theme of margin improvement. - FY2023-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter of the fiscal year, the group's consolidated operating results were revenue of ¥1,499.903 million, up 14.1% year on year; an operating loss of ¥31.109 million, compared with operating profit of ¥44.593 million in the same period of the previous year; an ordinary loss of ¥15.622 million, compared with ordinary profit of ¥48.529 million; and a quarterly net loss attributable to owners of the parent of ¥26.376 million, compared with quarterly net profit attributable to owners of the parent of ¥24.143 million.」
Revenue increased 14.1% year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all turned into losses. Quarterly performance deteriorated with respect to the themes of revenue growth and margin improvement. - FY2022WorsenedAnnual report
「The operating margin for the consolidated fiscal year was 5.61%, down 1.67 percentage points year on year. The company will continue working to improve this indicator.」
Revenue grew 15.9% year on year to ¥6,112.595 million, while the operating margin declined from 7.28% in the previous year to 5.61%. The improvement policy remains in place. - FY2022-Q3RestatedAnnual report
「As a result, for the cumulative third quarter of the fiscal year, consolidated operating results were revenue of ¥4,824.835 million, up 23.4% year on year; operating profit of ¥470.737 million, up 25.2%; ordinary profit of ¥497.653 million, up 24.2%; and profit attributable to owners of the parent of ¥302.699 million, up 16.8%.」
There was no material change in the policy of medium- to long-term revenue growth and operating margin improvement, and the company reported increases in revenue, operating profit and other figures for the cumulative third quarter. - FY2022-Q2RestatedAnnual report
「As a result, for the cumulative second quarter of the fiscal year, consolidated operating results were revenue of ¥2,985.547 million, up 30.7% year on year; operating profit of ¥168.613 million, up 18.7%; ordinary profit of ¥181.563 million, up 22.8%; and profit attributable to owners of the parent of ¥98.246 million, up 11.0%.」
No change in the policy of medium- to long-term revenue growth and operating margin improvement was disclosed. For the cumulative second quarter, the company reported increases in revenue, operating profit and other figures. - FY2022-Q1RestatedAnnual report
「As a result, for the cumulative first quarter of the fiscal year, consolidated operating results were revenue of ¥1,315.094 million, operating profit of ¥44.593 million, ordinary profit of ¥48.529 million, and profit attributable to owners of the parent of ¥24.143 million.」
The company reported first-quarter revenue, operating profit and other figures, but did not disclose any material change in its policy regarding medium- to long-term revenue growth or improvement in the operating margin. - FY2021First statedAnnual report
「The Group places importance on medium- to long-term revenue growth. It also uses the operating margin on revenue as an objective management indicator in pursuit of stable profit generation. The operating margin for the consolidated fiscal year under review was 7.28%, an improvement of 1.81 percentage points from the previous consolidated fiscal year. The Group will continue working to improve this indicator.」
The Group identified medium- to long-term revenue growth and operating margin as management indicators and reported an operating margin of 7.28% for the fiscal year ended June 2021.