Coexistence of Higher Revenue and Lower Profit
First written in FY2017-Q1. 1 of 42 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2020: 15 of 56 companies on the "Worse" side.
29 other companies' latest entry also says "Other".
- FY2027-H1Record-high sales and a shift to lower profitsAnnual report
「Sales for the interim accounting period were ¥188,263 million, or 101.2% of the year-earlier level, reaching a record high. Gross operating profit was ¥58,225 million, or 100.3% of the year-earlier level. Operating profit was ¥1,517 million, or 61.6% of the year-earlier level, ordinary profit was ¥1,300 million, or 57.0%, and interim net profit was ¥85 million, or 7.2%.」
The decline in profits widened further from the revenue growth and profit decline recorded in the year-earlier period. While interim sales reached a record high, operating profit, ordinary profit, and interim net profit all declined. - FY2026Record-high sales and a return to profit growthAnnual report
「For the fiscal year, revenue was ¥380.063 billion, or 107.4% of the prior-year level, and operating gross profit was ¥119.423 billion, or 105.8%; both were record highs. Selling, general and administrative expenses were ¥111.091 billion, or 105.8%. Although expenses increased from the prior year, initiatives to improve productivity are beginning to have an effect, with sales per labor hour at 103.8% of the prior-year level on an existing-store basis. Operating income was ¥8.332 billion, or 105.6% of the prior-year level, ordinary income was ¥8.028 billion, or 100.1%, and net income was ¥3.732 billion, or 103.5%, with all three increasing.」
The results changed from the prior period, when record revenue coexisted with lower earnings. Revenue and operating gross profit reached record highs, while operating income, ordinary income and net income also increased. - FY2026-H1Record revenue and lower earnings continued.Annual report
「Interim revenue was ¥185.947 billion, or 109.9% of the prior-year level, a record high. Operating gross profit was ¥58.033 billion, or 108.0%, and selling, general and administrative expenses were ¥55.569 billion, or 109.7%. Operating income was ¥2.463 billion, or 80.0% of the prior-year level, ordinary income was ¥2.281 billion, or 69.9%, and interim net income was ¥1.191 billion, or 74.0%.」
Interim revenue reached a new record, while operating income, ordinary income and interim net income all fell below the prior-year levels, continuing the trend of revenue growth and lower earnings. - FY2025Record revenue alongside lower earnings.Annual report
「Revenue for the fiscal year was ¥354.018 billion, or 106.3% of the prior-year level, an increase of ¥20.857 billion from the previous fiscal year and a new record. Ordinary income was ¥8.020 billion, or 77.1% of the prior-year level, a decline of ¥2.376 billion.」
Revenue reached a new record, while ordinary income was 77.1% and net income was 58.2% of the prior-year levels, resulting in revenue growth alongside a substantial decline in earnings. - FY2025-H1Record revenue alongside lower earnings.Annual report
「Revenue for the six months ended 30 September was ¥169.154 billion, or 104.5% of the prior-year level, setting a new record. Operating gross profit was ¥53.735 billion, or 103.5%. Selling, general and administrative expenses were ¥50.654 billion, or 105.0%, reflecting aggressive investment, store openings and various cost increases. Although gross profit increased, operating income was ¥3.080 billion, or 83.7% of the prior-year level, as the increase did not cover the rise in selling, general and administrative expenses. Ordinary income was ¥3.265 billion, or 88.6%, and interim net income was ¥1.609 billion, or 84.4%.」
Interim revenue was 104.5% of the prior-year level and reached a record high, while operating income, ordinary income and interim net income all fell below the prior-year levels due to higher selling, general and administrative expenses. - FY2025-Q1Record revenue alongside lower operating income.Annual report
「Revenue for the three months ended 30 June was ¥83.048 billion, or 104.1% of the prior-year level, setting a new record. Operating gross profit was ¥26.607 billion, or 103.6%. Selling, general and administrative expenses were ¥25.067 billion, or 104.6%, reflecting aggressive investment in stores and various cost increases. Operating income was ¥1.540 billion, or 89.3% of the prior-year level, as the increase in operating gross profit did not cover the rise in selling, general and administrative expenses. Ordinary income was ¥1.699 billion, or 98.8%, and net income for the quarter was ¥1.088 billion, or 95.4%.」
In the first quarter, revenue was 104.1% of the prior-year level and reached a record high, while operating income, ordinary income and net income for the quarter all fell below the prior-year levels. Higher selling, general and administrative expenses due to aggressive investment and rising costs were identified as factors. - FY2024Record revenue, operating income and ordinary income for the full year; net income also increased.Annual report
「For the fiscal year, revenue was ¥333.160 billion, or 105.0% of the prior-year level, setting a new record. Operating income was ¥10.366 billion, or 124.2%, and ordinary income was ¥10.396 billion, or 122.3%, both record highs. Net income was ¥6.193 billion, or 131.6%, representing an increase.」
From reported revenue declining and earnings increasing in the prior period, the full year saw record revenue, operating income and ordinary income, while net income also increased. - FY2024-Q3Record revenue and earnings growth continued for the nine months.Annual report
「Revenue for the nine months ended 31 December was ¥242.252 billion, or 104.9% of the prior-year level, setting a new record. Operating gross profit was ¥77.640 billion, or 104.5%, reflecting revenue growth and higher tenant income. Selling, general and administrative expenses were ¥72.107 billion, or 103.0%. Operating income was ¥5.532 billion, or 130.2% of the prior-year level, ordinary income was ¥5.559 billion, or 127.2%, and net income for the quarter was ¥3.165 billion, or 125.1%, with all three increasing.」
For the nine months, revenue reached a new record, and operating income, ordinary income and net income for the quarter all exceeded the prior-year levels. - FY2024-Q2Revenue and earnings continued to increase in the first half.Annual report
「Revenue for the six months ended 30 September was ¥161.894 billion, or 104.2% of the prior-year level, setting a new record. Operating gross profit was ¥51.925 billion, or 104.2%, reflecting revenue growth and higher tenant income. Selling, general and administrative expenses were ¥48.246 billion, or 103.5%, reflecting aggressive investment and store openings, as well as higher utility costs. Operating income was ¥3.679 billion, or 114.5% of the prior-year level, ordinary income was ¥3.686 billion, or 112.9%, and net income for the quarter was ¥1.907 billion, or 104.5%, with all three increasing.」
Revenue growth and substantial earnings growth in the prior-year period continued in the first half. Revenue reached a record high, and operating income, ordinary income and net income for the quarter all exceeded the prior-year levels. - FY2024-Q1Shift to higher revenue but lower profitAnnual report
「Revenue for the three months ended 30 June was ¥79.776 billion, or 103.0% of the prior-year level, setting a new record. Operating gross profit was ¥25.685 billion, or 102.9%, reflecting revenue growth and higher tenant income. Selling, general and administrative expenses were ¥23.961 billion, or 103.6%, reflecting aggressive store openings, store revitalization, planned store repairs, the introduction of energy-saving equipment and higher utility costs. Operating income was ¥1.724 billion, or 93.4% of the prior-year level, ordinary income was ¥1.719 billion, or 92.0%, and net income for the quarter was ¥1.141 billion, or 88.6%.」
The results changed from reported revenue declining and earnings increasing substantially in the prior-year period. In the current quarter, revenue reached a record high, while operating income, ordinary income and net income for the quarter all declined. - FY2023Reported revenue declined and earnings increased for the full year; revenue reached a record high on a pre-adoption basis.Annual report
「For the fiscal year, revenue was ¥317.274 billion, or 98.7% of the prior-year level. Had the revenue recognition accounting standard and related standards not been applied during the year, revenue would have been ¥328.846 billion, or 102.3% of the prior-year level, a record high. Operating income was ¥8.347 billion, or 125.3% of the prior-year level, due to an improvement in operating gross profit; ordinary income was ¥8.501 billion, or 127.1%; and net income was ¥4.705 billion, or 123.0%, with all three increasing.」
For the full year, reported revenue after adoption of the revenue recognition accounting standard was 98.7% of the prior-year level, while revenue was 102.3% on a pre-adoption basis, a record high. Operating income, ordinary income and net income all increased. - FY2023-Q3Reported revenue declined while earnings increased substantially for the nine months.Annual report
「Revenue for the nine months ended 31 December was ¥231.024 billion, or 97.6% of the prior-year level. Had the revenue recognition accounting standard and related standards not been applied during the period, revenue would have been ¥239.431 billion, or 101.2% of the prior-year level. Operating income was ¥4.250 billion, or 134.9% of the prior-year level, due to an improvement in operating gross profit; ordinary income was ¥4.371 billion, or 140.2%; and net income for the quarter was ¥2.530 billion, or 151.9%, with all three increasing.」
Reported revenue after adoption of the revenue recognition accounting standard was 97.6% of the prior-year level, while revenue was 101.2% on a pre-adoption basis. Operating income, ordinary income and net income for the quarter all increased substantially. - FY2023-Q2Reported revenue declined while earnings increased substantially in the first half.Annual report
「Revenue for the six months ended 30 September was ¥155.348 billion, or 97.1% of the prior-year level. Had the revenue recognition accounting standard and related standards not been applied during the period, revenue would have been ¥161.085 billion, or 100.6% of the prior-year level. Operating income was ¥3.214 billion, or 153.8% of the prior-year level, due to management of selling, general and administrative expenses within plan and an improvement in operating gross profit; ordinary income was ¥3.264 billion, or 157.2%; and net income for the quarter was ¥1.825 billion, or 175.2%, with all three increasing.」
Reported revenue after adoption of the revenue recognition accounting standard was 97.1% of the prior-year level, while revenue was 100.6% on a pre-adoption basis. Operating income, ordinary income and net income for the quarter all increased substantially. - FY2023-Q1Revenue declined on a reported basis while earnings increased substantially following the adoption of the accounting standard.Annual report
「Revenue for the three months ended 30 June was ¥77.486 billion, or 97.7% of the prior-year level. Had the revenue recognition accounting standard and related standards not been applied during the period, revenue would have been ¥80.692 billion, or 101.8% of the prior-year level. Operating income was ¥1.846 billion, or 180.2% of the prior-year level, due to an improvement in operating gross profit; ordinary income was ¥1.868 billion, or 186.5%; and net income for the quarter was ¥1.288 billion, or 158.9%, with all three increasing.」
The adoption of the revenue recognition accounting standard resulted in reported revenue of 97.7% of the prior-year level, but revenue was 101.8% on a pre-adoption basis. Operating income, ordinary income and net income for the quarter all increased substantially. - FY2022Revenue increased but earnings declined for the full year, with the decline in profit widening.Annual report
「For the fiscal year, revenue increased to ¥321.604 billion, or 100.5% of the prior-year level and 100.3% year on year on an existing-store basis, supported by solid performance in the food division. Operating income was ¥6.661 billion, or 71.1% of the prior-year level, ordinary income was ¥6.688 billion, or 71.9%, and net income was ¥3.827 billion, or 65.4%, reflecting the impact of the special gain related to the revision of the pension plan recorded in the prior period, resulting in lower earnings.」
For the full year, revenue remained higher at 100.5% of the prior-year level, while operating income, ordinary income and net income were 71.1%, 71.9% and 65.4%, respectively, confirming revenue growth, lower earnings and a widening decline in profit. - FY2022-Q3Revenue increased but earnings declined for the nine months, with the decline in profit widening.Annual report
「Revenue for the nine months ended 31 December was ¥236.639 billion, up 101.0% year on year and 100.6% year on year on an existing-store basis, supported by solid performance in the food division. In addition, operating gross profit was ¥73.208 billion, or 100.5% of the prior-year level, due to a rebound in tenant income. Selling, general and administrative expenses increased to ¥70.058 billion, or 103.8%, reflecting aggressive investment in a new distribution center, store revitalization and the introduction of self-checkout systems, as well as higher electricity costs. As a result, operating income was ¥3.150 billion, or 59.0% of the prior-year level, ordinary income was ¥3.117 billion, or 58.9%, and net income for the quarter was ¥1.666 billion, or 45.3%, reflecting the impact of the special gain related to the revision of the pension plan recorded in the prior period, resulting in lower earnings.」
For the nine months, revenue increased to 101.0% of the prior-year level, while operating income, ordinary income and net income for the quarter declined to 59.0%, 58.9% and 45.3%, respectively. - FY2022-Q2The first half marked a shift to higher sales but lower profitsAnnual report
「Revenue for the six months ended 30 September was ¥160.068 billion, up 101.6% year on year and 101.0% year on year on an existing-store basis. As a result, operating income was ¥2.089 billion, or 62.2% of the prior-year level, ordinary income was ¥2.076 billion, or 61.9%, and net income for the quarter was ¥1.042 billion, or 42.9%, reflecting the impact of the special gain related to the revision of the pension plan recorded in the prior period, resulting in lower earnings.」
In the first half, revenue increased to 101.6% of the prior-year level, while operating income, ordinary income and net income for the quarter declined to 62.2%, 61.9% and 42.9%, respectively. - FY2022-Q1The first quarter saw higher sales and operating profit but lower net profitAnnual report
「Sales increased to ¥79,288 million (102.8% year on year; 102.0% at existing stores). Gross operating profit was ¥24,589 million (106.3%), reflecting the significant impact of the rebound from the previous year despite the temporary closure of specialty-store areas at some stores in May. Selling, general and administrative expenses were ¥23,564 million (105.9%), as the Company actively invested in major revitalization projects, self-checkout implementation and other operational reforms. As a result, operating profit increased to ¥1,024 million (115.8%) and ordinary profit to ¥1,002 million (116.0%). Quarterly net profit declined to ¥810 million (70.9%) due partly to the reversal of extraordinary gains related to the revision of the pension system recognized in the previous fiscal year.」
In the first quarter, sales, operating profit and ordinary profit exceeded the year-earlier levels, while quarterly net profit was 70.9% of the year-earlier level due partly to the reversal of extraordinary gains related to the revision of the pension system recognized in the previous fiscal year. - FY2021Full-year higher sales and profits from the business integration, with operating profit and ordinary profit reaching record highsAnnual report
「As a result, operating profit was ¥9,365 million (115.5% year on year) and ordinary profit was ¥9,297 million (115.7%), both record highs. Although the Company recorded extraordinary losses of ¥2,083 million for integration-related costs, measures to address the spread of the novel coronavirus and impairment losses, it recorded extraordinary gains of ¥901 million related mainly to the revision of the pension system. As a result, net profit increased to ¥5,852 million (151.1% year on year).」
The business integration increased sales to 172.1% of the previous fiscal year's level, while operating profit and ordinary profit reached record highs and net profit was 151.1%. - FY2021-Q3Higher sales and profits continued through the cumulative third quarter following the integrationAnnual report
「As a result, operating profit was ¥5,337 million (115.1% year on year) and ordinary profit was ¥5,292 million (114.7%), with both increasing. Although the Company recorded extraordinary losses of ¥1,249 million for integration-related costs, measures to address the spread of the novel coronavirus and impairment losses, it recorded extraordinary gains of ¥891 million related mainly to the revision of the pension system. As a result, quarterly net profit increased to ¥3,679 million (122.2% year on year).」
For the cumulative third quarter following the business integration, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier levels. Net profit was 122.2% of the year-earlier level despite the recognition of extraordinary losses and extraordinary gains. - FY2021-Q2Following the integration, first-half sales and profits increased, with quarterly net profit reaching a record highAnnual report
「For the cumulative second quarter, total sales rose sharply to ¥157,549 million (171.9% year on year) due to the business integration. … As a result, operating profit was ¥3,360 million (105.1% year on year) and ordinary profit was ¥3,354 million (104.4%), with both increasing. Although the Company recorded extraordinary losses of ¥1,232 million for integration-related costs, measures to address the spread of the novel coronavirus and impairment losses, it recorded extraordinary gains of ¥928 million related mainly to the revision of the pension system. As a result, quarterly net profit increased to ¥2,427 million (121.0% year on year), reaching a record high.」
The business integration increased sales to 171.9% of the year-earlier level, while operating profit and ordinary profit also turned to growth. Quarterly net profit was 121.0% of the year-earlier level and reached a record high. - FY2021-Q1Higher sales from the business integration coincided with lower profits due to the impact of infectious diseases and other factorsAnnual report
「For the cumulative first quarter, total sales increased to ¥77,141 million (166.6% year on year) due to the business integration, while same-store sales including transferred stores were 97.7% of the year-earlier level.」
Store transfers resulting from the business integration increased sales to 166.6% of the year-earlier level, while same-store sales including transferred stores were 97.7%. Operating profit was ¥885 million (47.8% year on year) and ordinary profit was ¥864 million (47.7%), both declining. - FY2020Full-year higher sales continued, while operating profit and other profit items declinedAnnual report
「For the fiscal year, sales increased to ¥185,921 million (100.1% of the previous fiscal year's level), as the food division achieved its ninth consecutive period of revenue growth and the small-format supermarket Maibasuketto and internet sales businesses also posted higher sales. … Operating profit was ¥8,106 million (98.6%) and ordinary profit was ¥8,035 million (98.7%). Net profit declined to ¥3,873 million (97.3% of the previous fiscal year's level), mainly due to an increase in impairment losses and other factors.」
For the full year, sales increased to 100.1% of the previous fiscal year's level, while operating profit, ordinary profit and net profit declined to 98.6%, 98.7% and 97.3%, respectively. - FY2020-Q2Return to higher revenue and profits in the first halfAnnual report
「As a result, operating profit was ¥3,196 million (102.7%), ordinary profit was ¥3,213 million (105.0%) and quarterly net profit was ¥2,006 million (105.5%), with all items increasing and the published profit targets achieved.」
After turning around from the previous quarter's lower sales and profits, cumulative second-quarter sales were 100.0% of the year-earlier level, while operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier levels and the published profit targets were achieved. - FY2020-Q1The first quarter saw higher sales but lower profits againAnnual report
「Sales increased to ¥46,314 million (100.1% year on year). … Operating profit was ¥1,850 million (98.4%), ordinary profit was ¥1,810 million (97.7%) and quarterly net profit was ¥1,220 million (98.7%), with results progressing in line with the plan.」
While sales increased to 100.1% of the year-earlier level, operating profit, ordinary profit and quarterly net profit were all below the year-earlier levels. - FY2019Full-year sales and profits declined, while net profit fell sharply due to disaster losses and other factorsAnnual report
「As a result, sales recovered to ¥185,796 million (99.5% of the previous fiscal year's level), nearly matching the previous year's sales. In terms of profits, gross profit increased to ¥51,546 million (100.2%), as the gross margin improved for the fourth consecutive period. However, selling, general and administrative expenses were 100.5% of the previous fiscal year's level due to higher labor and utilities costs and increased equipment expenses from planned investments, resulting in operating profit of ¥8,225 million (95.7%) and ordinary profit of ¥8,144 million (94.7%). In addition, the Company recorded extraordinary losses of ¥1,558 million related to the earthquake disaster and extraordinary gains of ¥1,074 million in insurance proceeds, as well as impairment losses of ¥1,407 million. Together with the reversal of the previous fiscal year's approximately ¥1,700 million decrease in corporate income taxes, these factors resulted in net profit of ¥3,979 million (61.4%), below plan.」
From the previous fiscal year's record-high results, sales declined to 99.5% of the previous fiscal year's level, operating profit to 95.7%, ordinary profit to 94.7% and net profit to 61.4%. Earthquake disaster losses, impairment losses, higher costs and the reversal of the tax-effect impact were cited as factors behind the decline in net profit. - FY2019-Q3Lower sales and profits continued through the cumulative third quarter, while net profit fell sharply due to disaster losses and other factorsAnnual report
「Operating profit was ¥4,936 million (96.1%) after the Company limited the increase in selling, general and administrative expenses to a slight rise, at ¥46,073 million (100.3%), while ordinary profit was ¥4,882 million (94.8%), approaching the previous year's results due to profit growth in the third quarter. In addition to recording ¥1,498 million in extraordinary losses due to the earthquake disaster and other factors and ¥650 million in extraordinary gains following the determination of part of the earthquake insurance proceeds, quarterly net profit declined to ¥2,523 million (55.4%) due partly to the reversal of the previous period's approximately ¥1,500 million decrease in deferred income taxes. Results remained in line with the initial plan throughout the fiscal year.」
For the cumulative third quarter, sales were 99.6%, operating profit 96.1%, ordinary profit 94.8% and quarterly net profit 55.4% of the year-earlier levels. Earthquake disaster losses, earthquake insurance proceeds and the reversal of the previous period's tax-effect impact were cited as factors behind the decline in net profit. - FY2019-Q2First-half sales remained flat, while lower profits continuedAnnual report
「Operating profit was ¥3,111 million (89.8%), as selling, general and administrative expenses increased due to higher labor costs resulting from the increase in the minimum wage and higher equipment expenses from planned investments for the future, including system investments. Ordinary profit and quarterly net profit also declined, to ¥3,059 million (88.1%) and ¥1,902 million (97.9%), respectively, although both were in line with the plan and exceeded the earnings forecasts.」
For the cumulative second quarter, sales remained roughly in line with the previous year at 100.0% of the year-earlier level, while operating profit, ordinary profit and net profit declined. However, profits were in line with the plan and exceeded the earnings forecasts. - FY2019-Q1The first quarter marked a shift to lower sales and profitsAnnual report
「Net sales for the cumulative first quarter amounted to ¥46,274 million (99.6% year on year), as the apparel division struggled due to unsettled weather and other factors. In terms of profits, operating profit was ¥1,880 million (92.5%), ordinary profit was ¥1,852 million (90.8%) and net profit was ¥1,237 million (85.5%), all below the previous year, although results were generally in line with the plan. The main factors behind the decline in profits were increases in repair and depreciation expenses resulting from active investment for the future from the first quarter, as well as higher utilities expenses accompanying the rise in fuel costs.」
The first quarter marked a change from the previous fiscal year's record-high full-year results, with sales, operating profit, ordinary profit and net profit all below the year-earlier levels. The Company cited higher repair and depreciation expenses associated with investment for the future and higher utilities expenses due to rising fuel costs as factors behind the decline in profits. - FY2018Full-year sales increased for the seventh consecutive period, with sales and profits reaching record highsAnnual report
「As a result, full-year operating results were sales of ¥186,696 million (101.2% year on year), achieving higher sales for the seventh consecutive period and record-high sales. In terms of profits, gross operating profit was ¥70,041 million (101.0%), operating profit was ¥8,596 million (104.1%), ordinary profit was ¥8,597 million (104.0%) and net profit was ¥6,483 million (155.0%), with each reaching a record high.」
Sales increased for the seventh consecutive period and reached a record high, while gross operating profit, operating profit, ordinary profit and net profit also reached record highs. - FY2018-Q3Record-high cumulative third-quarter sales achieved alongside higher sales and profitsAnnual report
「As a result, operating results for the cumulative third quarter were sales of ¥135,952 million (101.2% year on year), a record high, operating profit of ¥5,137 million (106.0%), ordinary profit of ¥5,147 million (105.8%) and quarterly net profit of ¥4,558 million (165.0%), achieving higher sales and profits.」
For the cumulative third quarter, sales reached a record high, and sales, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier levels. - FY2018-Q2Record-high first-half cumulative sales, with higher sales and profits continuingAnnual report
「As a result, operating results for the cumulative second quarter were sales of ¥91,682 million (101.6% year on year), a record high, operating profit of ¥3,463 million (117.4%), ordinary profit of ¥3,473 million (115.8%) and quarterly net profit of ¥1,943 million (123.3%), achieving higher sales and profits.」
For the cumulative second quarter, sales reached a record high, and sales, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier levels. - FY2018-Q1All sales and profit items increased, with quarterly net profit reaching a record highAnnual report
「As a result, the Company achieved higher sales and profits, with sales of ¥46,474 million (101.4% year on year), operating profit of ¥2,031 million (110.8%), ordinary profit of ¥2,040 million (114.2%) and quarterly net profit of ¥1,446 million (180.6%). Quarterly net profit reached a record high for a first quarter.」
The previous pattern of higher sales alongside lower profits changed, with sales, operating profit, ordinary profit and quarterly net profit all exceeding the year-earlier levels. Quarterly net profit reached a record high for a first quarter. - FY2017For the full year, sales, operating profit and ordinary profit increased, while net profit was flatAnnual report
「Sales were ¥184,511 million (108.3% year on year), operating profit was ¥8,258 million (104.1%), ordinary profit was ¥8,267 million (103.3%) and net profit was ¥4,183 million (100.0%), with all items showing profit growth.」
While all items were above the year-earlier levels at the quarterly stage, for the full year sales, operating profit and ordinary profit increased, while net profit was 100.0% of the previous fiscal year's level. - FY2017-Q3A shift to results exceeding the year-earlier levels across all itemsAnnual report
「As a result, operating results for the cumulative third quarter were sales of ¥134,329 million (111.5% year on year), operating profit of ¥4,848 million (109.7%), ordinary profit of ¥4,865 million (104.0%) and quarterly net profit of ¥2,762 million (105.9%), with all figures exceeding the year-earlier results.」
The previous pattern of higher sales alongside lower profits changed, with sales, operating profit, ordinary profit and quarterly net profit all exceeding the year-earlier levels. - FY2017-Q2RestatedAnnual report
「As a result, operating results for the cumulative second quarter were sales of ¥90,238 million (115.4% year on year), operating profit of ¥2,950 million (86.6%), ordinary profit of ¥3,000 million (87.5%) and quarterly net profit of ¥1,576 million (92.1%).」
While sales increased to 115.4% of the year-earlier level, operating profit, ordinary profit and quarterly net profit were all below the year-earlier levels. - FY2017-Q1First statedAnnual report
「As a result, operating results for the cumulative first quarter were sales of ¥45,854 million (115.6% year on year), operating profit of ¥1,833 million (92.6%), ordinary profit of ¥1,786 million (89.4%) and quarterly net profit of ¥800 million (94.7%).」
While sales increased to 115.6% of the year-earlier level, operating profit, ordinary profit and net profit were all below the year-earlier levels.