Komori
Doshisha (7483) · FactFirst stated

FY2023-Q3 Development-Oriented Business Model: Higher Revenue, Lower Profit

First written in FY2023-Q3. . Latest entry: FY2023-Q3.

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Revenue growth but profit decline under a development-oriented business model due to raw material costs and yen depreciationA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2023-Q3First statedAnnual report

    「As a result, net sales in this segment were ¥41,651 million (101.8% year on year), and segment profit was ¥2,967 million (86.5%).」

    Under the development-oriented business model, net sales exceeded the previous year's level, while segment profit was below it. The report cites strong sales of snack foods made from ingredients, confectionery ingredients and tunerless smart TVs, offset by weak sales of winter appliances, higher raw-material costs and the weaker yen.
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