Continued Operating and Ordinary Losses

「In addition to the deterioration in the gross profit margin, operating profit declined to ¥330 million, down 51.2% year on year, due mainly to higher variable costs resulting from continued increases in logistics costs. Ordinary profit declined to ¥314 million, down 53.7% year on year, while interim net income attributable to owners of the parent declined to ¥187 million, down 58.7% year on year.」

「【業績予想/決算速報】エコートレーディング<[7427](/quote/7427)>が10月9日に発表した2027年2月期中間決算の経常損益は314百万円、事前の会社側の予想値と変わらずの水準だった。」

「一方、売上総利益率の悪化に加え、継続的な物流コストの上昇による変動費の増加等により、営業利益は３億３千万円（前年同期比51.2％減）となりました。」

「Ordinary profit was ¥1.107 billion, down 19.1% from the previous fiscal year, while net income attributable to owners of the parent was ¥778 million, down 22.3%.」

「Operating profit was ¥677 million, down 20.0% year on year. Ordinary profit was ¥680 million, down 20.1% year on year, while interim net income attributable to owners of the parent was ¥454 million, down 35.9% year on year.」

「Ordinary profit was ¥1.369 billion, down 21.5% from the previous fiscal year, while net income attributable to owners of the parent was ¥1.001 billion, down 17.5%.」

「Operating profit was ¥847 million, down 18.9% year on year. Ordinary profit was ¥852 million, down 19.5% year on year, while interim net income attributable to owners of the parent was ¥708 million, down 4.5% year on year.」

「Operating profit was ¥320 million, down 29.5% year on year. Ordinary profit was ¥325 million, down 30.2% year on year, while quarterly net income attributable to owners of the parent was ¥211 million, down 36.1% year on year.」

「Operating profit increased by ¥861 million, or 100.4%, from the previous fiscal year to ¥1.719 billion.」

「Operating profit was ¥1.405 billion, up 104.1% year on year, as the company continued initiatives aimed at containing logistics costs, including further improvements in gross profit through more thorough individual-item management, reviewing delivery routes, and operating with appropriate inventory levels by reducing dead and stagnant inventory. Ordinary profit was ¥1.429 billion, up 101.1% year on year, while quarterly net income attributable to owners of the parent was ¥991 million, up 105.9% year on year.」

「In addition to generating profit through thorough individual-item management and containing increases in logistics costs, the company reviewed delivery routes and operated with appropriate inventory levels through thorough inventory management and further efficiency gains. Operating profit was ¥1.044 billion, up 156.8% year on year. Ordinary profit was ¥1.058 billion, up 154.7% year on year, while quarterly net income attributable to owners of the parent was ¥741 million, up 156.9% year on year.」

「In addition to generating profit through thorough individual-item management and containing increases in logistics costs, the company reviewed delivery routes and operated with appropriate inventory levels through thorough inventory management and further efficiency gains. Operating profit was ¥453 million, up 417.1% year on year. Ordinary profit was ¥466 million, up 400.8% year on year, while quarterly net income attributable to owners of the parent was ¥330 million, up 378.3% year on year.」

「Operating profit increased by ¥391 million, or 83.9%, from the previous fiscal year to ¥858 million. Ordinary profit was ¥897 million, up 87.4% year on year, while net income attributable to owners of the parent was ¥590 million, up 104.9% year on year.」

「In addition, through improvements in gross profit from thorough individual-item management and more efficient operations aimed at improving productivity, operating profit was ¥688 million, up 147.8% year on year. Ordinary profit was ¥710 million, up 142.6% year on year, while quarterly net income attributable to owners of the parent was ¥481 million, up 184.3% year on year.」

「Operating profit was ¥406 million, up 41.7% year on year. Ordinary profit was ¥415 million, up 41.1% year on year, while quarterly net income attributable to owners of the parent was ¥288 million, up 61.8% year on year.」

「In addition, through efforts to contain increases in logistics costs, operations based on appropriate inventory levels through thorough inventory management, and further efficiency gains, operating profit was ¥87 million, up 11.2% year on year. Ordinary profit was ¥93 million, up 8.6% year on year, while quarterly net income attributable to owners of the parent was ¥69 million, up 46.8% year on year.」

「Operating profit was ¥466 million, up 47.7% year on year. Ordinary profit was ¥478 million, up 54.6% year on year, while net income attributable to owners of the parent was ¥288 million, up 18.7% year on year.」

「Operating profit was ¥277 million, up 40.9% year on year. Ordinary profit was ¥293 million, up 50.8% year on year, while quarterly net income attributable to owners of the parent was ¥169 million, up 17.7% year on year.」

「Operating profit was ¥286 million, up 60.7% year on year. Ordinary profit was ¥294 million, up 65.0% year on year, while quarterly net income attributable to owners of the parent was ¥178 million, up 24.8% year on year.」

「Although selling, general and administrative expenses increased due to higher variable costs, including logistics costs, operating profit was ¥78 million, compared with an operating loss of ¥21 million in the same period of the previous year, owing to operations based on appropriate inventory levels through thorough inventory management and further efficiency gains. Ordinary profit was ¥85 million, compared with an ordinary loss of ¥18 million in the same period of the previous year, while quarterly net income attributable to owners of the parent was ¥47 million, compared with a quarterly net loss attributable to owners of the parent of ¥25 million in the same period of the previous year.」

「Operating profit was ¥316 million, up 238.8% year on year. Ordinary profit was ¥309 million, up 202.8% year on year, while net income attributable to owners of the parent was ¥242 million, up 409.9% year on year.」

「In addition, through measures including reductions in logistics costs and selling, general and administrative expenses, operating profit was ¥197 million, compared with an operating loss of ¥124 million in the same period of the previous year. Ordinary profit was ¥194 million, compared with an ordinary loss of ¥114 million in the same period of the previous year, while quarterly net income attributable to owners of the parent was ¥143 million, compared with a quarterly net loss attributable to owners of the parent of ¥134 million in the same period of the previous year.」

「In addition, through measures including reductions in logistics costs and selling, general and administrative expenses, operating profit was ¥178 million, compared with an operating loss of ¥41 million in the same period of the previous year. Ordinary profit was ¥178 million, compared with an ordinary loss of ¥39 million in the same period of the previous year, while quarterly net income attributable to owners of the parent was ¥143 million, compared with a quarterly net loss attributable to owners of the parent of ¥59 million in the same period of the previous year.」

「In addition, through measures including reductions in logistics costs and selling, general and administrative expenses, the operating loss was ¥21 million, compared with an operating loss of ¥75 million in the same period of the previous year. Ordinary loss was ¥18 million, compared with an ordinary loss of ¥73 million in the same period of the previous year, while the quarterly net loss attributable to owners of the parent was ¥25 million, compared with a quarterly net loss attributable to owners of the parent of ¥66 million in the same period of the previous year.」

「Selling, general and administrative expenses were ¥9,513 million, down 0.2% year on year, despite recording a provision for allowance for doubtful accounts for trade receivables from bankrupt customers, due to thorough low-cost operations, among other factors. Operating profit was ¥93 million, up 34.9% year on year. Ordinary profit was ¥102 million, up 42.1% year on year, and net income attributable to owners of the parent was ¥47 million, compared with a net loss attributable to owners of the parent of ¥17 million in the previous fiscal year.」

「Operating loss was ¥124 million, compared with an operating loss of ¥77 million in the same period of the previous year, due to recording a provision for allowance for doubtful accounts in selling, general and administrative expenses after determining that collection of trade receivables from bankrupt customers was uncertain, among other factors. Ordinary loss was ¥114 million, compared with an ordinary loss of ¥75 million in the same period of the previous year, and quarterly net loss attributable to owners of the parent was ¥134 million, compared with a quarterly net loss attributable to owners of the parent of ¥103 million in the same period of the previous year.」

「As a result, the Group's revenue for the cumulative period of the second quarter was ¥4,140.2 million, up 2.5% year on year. In addition, the Group recorded a provision for allowance for doubtful accounts in selling, general and administrative expenses after determining that collection of trade receivables from customers was uncertain, among other factors, resulting in an operating loss of ¥41 million, compared with operating profit of ¥24 million in the same period of the previous year. Ordinary loss was ¥39 million, compared with ordinary profit of ¥22 million in the same period of the previous year, and quarterly net loss attributable to owners of the parent was ¥59 million, compared with a quarterly net loss attributable to owners of the parent of ¥2 million in the same period of the previous year.」

「Operating loss was ¥75 million, compared with an operating loss of ¥77 million in the same period of the previous year, due to reductions in selling, general and administrative expenses, including logistics costs. Ordinary loss was ¥73 million, compared with an ordinary loss of ¥81 million in the same period of the previous year, and quarterly net loss attributable to owners of the parent was ¥66 million, compared with a quarterly net loss attributable to owners of the parent of ¥79 million in the same period of the previous year.」

「Operating profit was ¥69 million, down 68.7% year on year. Ordinary profit was ¥71 million, down 68.9% year on year, and net loss attributable to owners of the parent was ¥17 million, compared with net income attributable to owners of the parent of ¥175 million in the previous fiscal year.」

「Operating loss was ¥77 million, compared with operating profit of ¥64 million in the same period of the previous year, due to higher logistics costs, including the acceptance of requests for delivery fee increases, and higher personnel expenses due to increases in the minimum wage. Ordinary loss was ¥75 million, compared with ordinary profit of ¥74 million in the same period of the previous year, and quarterly net loss attributable to owners of the parent was ¥103 million, compared with quarterly net income attributable to owners of the parent of ¥53 million in the same period of the previous year.」

「Operating profit was ¥24 million, down 84.7% year on year, due to higher logistics costs, including the acceptance of requests for delivery fee increases. Ordinary profit was ¥22 million, down 86.6% year on year, and quarterly net loss attributable to owners of the parent was ¥2 million, compared with operating profit of ¥132 million in the same period of the previous year.」

「Operating loss was ¥77 million, compared with an operating loss of ¥39 million in the same period of the previous year, due to declining selling prices for pet food and pet supplies resulting from consumers' preference for lower prices and higher selling, general and administrative expenses due to rising logistics costs, among other factors. Ordinary loss was ¥81 million, compared with an ordinary loss of ¥35 million in the same period of the previous year. Quarterly net loss attributable to owners of the parent was ¥79 million, compared with a quarterly net loss attributable to owners of the parent of ¥30 million in the same period of the previous year.」

「Operating profit was ¥221 million, down 22.0% year on year. Ordinary profit was ¥231 million, down 20.6% year on year, and net income attributable to owners of the parent was ¥175 million, down 68.4% year on year.」

「Amid declining selling prices for pet food and pet supplies due to consumers' preference for lower prices, operating profit was ¥64 million, up 5.1% year on year, as a result of maintaining appropriate inventory and improving efficiency through rigorous inventory management. Ordinary profit was ¥74 million, up 4.0% year on year, and quarterly net income attributable to owners of the parent was ¥53 million, down 86.0% year on year.」

「Amid declining selling prices for pet food and pet supplies due to consumers' preference for lower prices, operating profit was ¥161 million, up 3.8% year on year, as a result of maintaining appropriate inventory and improving efficiency through rigorous inventory management. Ordinary profit was ¥168 million, up 2.5% year on year, and quarterly net income attributable to owners of the parent was ¥132 million, down 71.2% year on year.」

「Operating loss was ¥39 million, compared with an operating loss of ¥21 million in the same period of the previous year, due to declining selling prices for pet food and pet supplies resulting from consumers' preference for lower prices and higher selling, general and administrative expenses due to rising logistics costs, among other factors. Ordinary loss was ¥35 million, compared with an ordinary loss of ¥19 million in the same period of the previous year. Net loss attributable to owners of the parent was ¥30 million, compared with net income attributable to owners of the parent of ¥343 million in the same period of the previous year.」

「Amid declining selling prices for pet food and pet supplies due to consumers' preference for lower prices, operating profit was ¥283 million, compared with an operating loss of ¥331 million in the previous fiscal year, as a result of promoting the development and sale of high-value-added products throughout the Group and reducing selling, general and administrative expenses through rigorous inventory management. Ordinary profit was ¥291 million, compared with an ordinary loss of ¥306 million in the previous fiscal year. Net income attributable to owners of the parent was ¥555 million, compared with a net loss attributable to owners of the parent of ¥212 million in the previous fiscal year, due in part to recording a ¥475 million gain on the sale of investment securities as extraordinary income and a ¥59 million loss due to the Kumamoto Earthquake as an extraordinary loss.」

「Amid declining selling prices for pet food and pet supplies due to consumers' preference for lower prices, operating profit was ¥60 million, compared with an operating loss of ¥239 million in the same period of the previous year, as a result of maintaining appropriate inventory through rigorous inventory management and reducing selling, general and administrative expenses. Ordinary profit was ¥71 million, compared with an ordinary loss of ¥221 million in the same period of the previous year. Net income attributable to owners of the parent was ¥381 million, compared with a net loss attributable to owners of the parent of ¥169 million in the same period of the previous year, due to recording a ¥475 million gain on the sale of investment securities as extraordinary income and a ¥59 million loss due to the Kumamoto Earthquake as an extraordinary loss.」

「Amid declining selling prices for pet food and pet supplies due to consumers' preference for lower prices, operating profit was ¥156 million, compared with an operating loss of ¥46 million in the same period of the previous year, as a result of maintaining appropriate inventory through rigorous inventory management and reducing selling, general and administrative expenses. Ordinary profit was ¥164 million, compared with an ordinary loss of ¥34 million in the same period of the previous year, and」

「Operating loss was ¥21 million, compared with an operating loss of ¥28 million in the same period of the previous year. Ordinary loss was ¥19 million, compared with an ordinary loss of ¥27 million in the same period of the previous year, and」