Business expansion driven by revenue and operating profit growth
First written in FY2016-Q3. 9 of 35 entries say "Restated". Latest entry: FY2026-H1.
- FY2026-H1AdvancedAnnual report
「For the interim period, revenue was ¥48,258 million, an increase of ¥808 million (1.7%) from the same period of the previous year. Although selling, general and administrative expenses, including personnel costs, increased 8.7% year on year, the gross margin improved by 1.1 percentage points from the previous fiscal year. As a result, operating income was ¥1,744 million, up ¥151 million (9.5%); ordinary income was ¥1,935 million, up ¥165 million (9.3%); and interim net income attributable to owners of the parent was ¥1,202 million, up ¥117 million (10.9%).」
Revenue increased 1.7% in the interim period. Despite an 8.7% increase in SG&A expenses, the gross margin improved by 1.1 percentage points, lifting operating income 9.5%, ordinary income 9.3% and interim net income attributable to owners of the parent 10.9%. - 2026-04-30AdvancedEarnings
「Operating profit was ¥1,744 million, an increase of ¥151 million, or 9.5%, from the same period of the previous year. Ordinary profit was ¥1,935 million, an increase of ¥165 million, or 9.3%, and interim net profit attributable to owners of the parent was ¥1,202 million, an increase of ¥117 million, or 10.9%.」
In the interim period, revenue increased and operating profit, ordinary profit and interim net profit attributable to owners of the parent all exceeded the levels of the same period of the previous year. - FY2025AdvancedAnnual report
「As a result, revenue for the fiscal year was ¥92,272 million, an increase of ¥2,489 million (2.8%) from the previous fiscal year. Operating income was ¥2,531 million, up ¥360 million (16.6%); ordinary income was ¥2,849 million, up ¥371 million (15.0%); and net income attributable to owners of the parent was ¥1,679 million, up ¥410 million (32.3%).」
Revenue, operating income, ordinary income and net income attributable to owners of the parent all increased, with the increase in net income particularly strong. - FY2025-H1Narrower increases in revenue and profitAnnual report
「For the interim period, revenue was ¥47,450 million, an increase of ¥1,290 million (2.8%) from the same period of the previous year. Operating income was ¥1,593 million, up ¥23 million (1.5%) due to a 5.5% year-on-year increase in gross profit. Ordinary income was ¥1,770 million, up ¥49 million (2.9%), and interim net income attributable to owners of the parent was ¥1,084 million, up ¥5 million (0.5%).」
The company maintained higher revenue and higher profit year on year, but the growth rates for revenue, operating income, ordinary income and interim net income were all modest. - FY2024Higher revenue, higher operating and ordinary income, slightly lower net incomeAnnual report
「As a result, revenue for the fiscal year was ¥89,782 million, an increase of ¥3,696 million (4.3%) from the previous fiscal year. Operating income was ¥2,171 million, up ¥401 million (22.7%) due to the higher gross margin in the large-project business. Ordinary income was ¥2,477 million, up ¥409 million (19.8%), while net income attributable to owners of the parent was ¥1,268 million, down ¥5 million (0.4%).」
For the full year, revenue, operating income and ordinary income increased, while net income attributable to owners of the parent declined 0.4%. - FY2024-Q2RestatedAnnual report
「For the cumulative second quarter, revenue was ¥46,160 million, an increase of ¥2,103 million (4.8%) from the same period of the previous year. Despite higher SG&A expenses, including personnel costs, operating income rose to ¥1,570 million, up ¥206 million (15.2%), due to improved gross margins. Ordinary income was ¥1,720 million, up ¥206 million (13.6%), and net income attributable to owners of the parent was ¥1,078 million, up ¥156 million (17.0%).」
Revenue, operating income, ordinary income and net income attributable to owners of the parent all continued to increase year on year from the previous quarter. - FY2024-Q1Turning to Revenue and Profit GrowthAnnual report
「For the cumulative first quarter, revenue was ¥22,839 million, an increase of ¥1,389 million (6.5%) from the same period of the previous year. Despite higher SG&A expenses, including personnel costs, operating income rose to ¥693 million, up ¥209 million (43.3%), due to improved gross margins. Ordinary income was ¥766 million, up ¥203 million (36.3%), and net income attributable to owners of the parent was ¥477 million, up ¥157 million (49.4%).」
From higher revenue but lower profit for the previous full year, revenue, operating income, ordinary income and net income attributable to owners of the parent all increased in the current first quarter. - FY2023Full-Year Revenue Growth and Profit DeclineAnnual report
「As a result, revenue for the fiscal year was ¥86,085 million, an increase of ¥6,942 million (8.8%) from the previous fiscal year. Operating income was ¥1,770 million, down ¥129 million (6.8%), and ordinary income was ¥2,068 million, down ¥99 million (4.6%), due to the lower gross margin in the detached-home business and higher SG&A expenses, including personnel and logistics costs. Net income attributable to owners of the parent was ¥1,274 million, down ¥373 million (22.7%).」
For the full year, revenue increased 8.8%, while operating income declined 6.8%, ordinary income declined 4.6% and net income attributable to owners of the parent declined 22.7%, continuing the trend of higher revenue but lower profit. - FY2023-Q3Higher sales, lower profit continuedAnnual report
「For the cumulative third quarter, revenue was ¥64,453 million, an increase of ¥6,006 million (10.3%) from the same period of the previous year. Operating income was ¥1,649 million, down ¥32 million (1.9%) due to higher SG&A expenses, including personnel and logistics costs. Ordinary income was ¥1,871 million, down ¥22 million (1.2%), while net income attributable to owners of the parent was ¥1,113 million, down ¥300 million (21.3%), mainly because the previous period included extraordinary income from gains on negative goodwill.」
Revenue increased 10.3%, while operating income declined 1.9%, ordinary income declined 1.2% and net income attributable to owners of the parent declined 21.3%, continuing the trend of higher revenue but lower profit. - FY2023-Q1Higher revenue, lower profitAnnual report
「Revenue was ¥21,449 million, an increase of ¥2,064 million (10.6%) from the same period of the previous year. Operating income was ¥483 million, down ¥156 million (24.4%), and ordinary income was ¥562 million, down ¥149 million (20.9%), due to the lower gross margin in the large-project market and higher SG&A expenses, including personnel and logistics costs. Net income attributable to owners of the parent was ¥319 million, down ¥463 million (59.2%), mainly because the previous fiscal year included extraordinary income from gains on negative goodwill.」
Revenue increased 10.6% due to higher sales of products for the detached-home market, while operating income, ordinary income and net income declined because of the lower gross margin in the large-project market and higher SG&A expenses. - FY2022Significantly higher revenue, lower operating income, higher ordinary income and net incomeAnnual report
「As a result, revenue for the fiscal year was ¥79,143 million, an increase of ¥13,021 million (19.7%) from the previous fiscal year. Operating income was ¥1,899 million, down ¥3 million (0.2%) due to the lower gross margin in the large-project market and higher SG&A expenses, including logistics costs. Ordinary income was ¥2,167 million, up ¥46 million (2.2%), and net income attributable to owners of the parent was ¥1,647 million, up ¥337 million (25.8%), mainly because extraordinary income from gains on negative goodwill increased.」
For the full year, revenue increased significantly by 19.7%, while operating income declined 0.2% and ordinary income and net income increased. - FY2022-Q3Higher revenue, lower operating and ordinary income, higher net incomeAnnual report
「Revenue was ¥58,446 million, an increase of ¥8,608 million (17.3%) from the same period of the previous year. Operating income was ¥1,682 million, down ¥81 million (4.6%) due to the lower gross margin in the large-project market and higher SG&A expenses, including logistics costs. Ordinary income was ¥1,894 million, down ¥29 million (1.5%), while net income attributable to owners of the parent was ¥1,414 million, up ¥209 million (17.4%), mainly because extraordinary income from gains on negative goodwill increased.」
Revenue increased year on year, while operating and ordinary income turned lower, and quarterly net income increased due to gains on negative goodwill. - FY2022-Q2Higher revenue, lower operating income, higher ordinary income and higher net incomeAnnual report
「Revenue was ¥40,159 million, an increase of ¥5,992 million (17.5%) from the same period of the previous year. Operating income was ¥1,543 million, down ¥26 million (1.7%) due to a decline in the gross margin in the large-project market. Ordinary income was ¥1,690 million, up ¥32 million (1.9%), and net income attributable to owners of the parent was ¥1,340 million, up ¥283 million (26.8%), mainly because extraordinary income from gains on negative goodwill increased.」
Revenue increased 17.5% due in part to the consolidation of Mannix, while operating income declined 1.7% because of the lower gross margin in the large-project market. Ordinary income increased 1.9%, and net income increased 26.8% due to gains on negative goodwill. - FY2022-Q1Higher revenue, lower operating and ordinary income, higher net incomeAnnual report
「For the cumulative first quarter, revenue was ¥19,385 million, an increase of ¥2,746 million (16.5%) from the same period of the previous year. Operating income was ¥640 million, down ¥47 million (6.8%), and ordinary income was ¥711 million, down ¥20 million (2.8%), mainly because gross profit in the large-project business declined as the number of high-margin projects fell. Net income attributable to owners of the parent was ¥782 million, up ¥316 million (67.8%), mainly because extraordinary income from gains on negative goodwill increased.」
Revenue increased 16.5% due to the consolidation of Mannix and growth in exterior wall construction for detached homes, while operating income declined 6.8% and ordinary income declined 2.8% as the number of high-margin projects fell. Net income increased 67.8% due to gains on negative goodwill. - FY2021Higher revenue, higher operating income, lower net incomeAnnual report
「Revenue was ¥66,121 million, an increase of ¥783 million (1.2%) from the previous fiscal year. Operating income was ¥1,903 million, up ¥106 million (5.9%), and ordinary income was ¥2,121 million, up ¥64 million (3.2%). Net income attributable to owners of the parent, however, was ¥1,309 million, down ¥38 million (2.9%).」
From lower revenue and lower profit in the previous fiscal year, revenue, operating income and ordinary income increased, while net income attributable to owners of the parent declined. - FY2021-Q3RestatedAnnual report
「For the cumulative third quarter, revenue was ¥49,838 million, down ¥476 million (0.9%) from the same period of the previous year. Operating income was ¥1,763 million, up ¥72 million (4.3%), and ordinary income was ¥1,923 million, up ¥37 million (2.0%).」
The pattern of lower revenue but higher operating and ordinary income continued. - FY2021-Q2Lower revenue, higher operating income, lower ordinary income and net incomeAnnual report
「For the cumulative second quarter, revenue was ¥34,167 million, down ¥1,478 million (4.1%) from the same period of the previous year. The main reasons for the decline were lower demand for Olympic-related facilities, which had continued through the previous fiscal year, and lower completed construction revenue in the large-project business due to extended construction periods for commercial facilities as a result of COVID-19. Operating income was ¥1,570 million, up ¥18 million (1.2%); ordinary income was ¥1,657 million, down ¥12 million (0.7%); and net income attributable to owners of the parent was ¥1,056 million, down ¥3 million (0.3%).」
Revenue declined 4.1% and operating income increased 1.2%, while ordinary income declined 0.7% and net income declined 0.3%, resulting in mixed profit performance despite lower revenue. - FY2021-Q1Shift to higher profit despite lower revenueAnnual report
「For the cumulative first quarter, revenue was ¥16,638 million, down ¥664 million (3.8%) from the same period of the previous year. The main reasons for the decline were lower demand for Olympic-related facilities, which had continued through the previous fiscal year, and lower completed construction revenue in the large-project business due to extended construction periods for commercial facilities as a result of COVID-19. Operating income was ¥687 million, up ¥115 million (20.1%); ordinary income was ¥732 million, up ¥104 million (16.6%); and net income attributable to owners of the parent was ¥466 million, up ¥83 million (21.7%).」
Revenue declined 3.8%, while operating income rose 20.1%, ordinary income rose 16.6% and net income attributable to owners of the parent rose 21.7%, marking a shift to lower revenue but higher profit. - FY2020Full-Year Revenue and Profit DeclineAnnual report
「Revenue declined from ¥69,584 million to ¥65,338 million, a decrease of ¥4,246 million. Operating income was ¥1,796 million, down ¥367 million (17.0%) from the previous fiscal year; ordinary income was ¥2,056 million, down ¥344 million (14.3%); and net income attributable to owners of the parent was ¥1,348 million, down ¥105 million (7.3%).」
From higher revenue and higher profit in the previous fiscal year, FY2020 saw lower revenue and lower profit, with revenue, operating income, ordinary income and net income attributable to owners of the parent all declining. - FY2020-Q3Shift to higher profit despite lower revenueAnnual report
「For the cumulative third quarter, revenue was ¥50,314 million, down ¥698 million (1.4%) from the same period of the previous year. Detached-home construction related to building materials and large-scale tile and air-conditioning projects in the Tokyo metropolitan area were completed smoothly by the second quarter. However, sales of products for detached homes fell below the previous year after April, as large projects related to the Tokyo Olympic and Paralympic Games tapered off and renovation projects were postponed due to measures to prevent the spread of COVID-19. Operating income was ¥1,690 million, up ¥15 million (0.9%); ordinary income was ¥1,885 million, up ¥22 million (1.2%); and net income attributable to owners of the parent was ¥1,208 million, up ¥90 million (8.1%), reflecting higher gross margins in both the large-project and detached-home businesses and restrained SG&A expenses.」
The company shifted from higher revenue and higher profit in the previous period to lower revenue but higher profit, with revenue down 1.4% while operating income, ordinary income and net income increased. - FY2020-Q2Slightly higher revenue, slightly higher operating income, lower ordinary income, higher net incomeAnnual report
「For the cumulative second quarter, revenue was ¥35,646 million, an increase of ¥48 million (0.1%) from the same period of the previous year. Operating income was ¥1,552 million, up ¥5 million (0.3%); ordinary income was ¥1,670 million, down ¥14 million (0.8%); and net income attributable to owners of the parent was ¥1,060 million, up ¥42 million (4.1%).」
Against the previous period's trend of higher revenue and higher profit, revenue, operating income and net income increased slightly, while ordinary income declined. - FY2020-Q1Turning to Revenue and Profit GrowthAnnual report
「For the cumulative first quarter, revenue was ¥17,302 million, an increase of ¥517 million (3.1%) from the same period of the previous year. Operating income was ¥572 million, up ¥63 million (12.6%); ordinary income was ¥627 million, up ¥60 million (10.7%); and net income attributable to owners of the parent was ¥383 million, up ¥71 million (23.1%).」
The company shifted from higher revenue, higher operating income and slightly lower net income in the previous period to higher revenue and higher profit this quarter, with revenue, operating income, ordinary income and net income all increasing. - FY2019AdvancedAnnual report
「Revenue was ¥69,584 million, an increase of ¥6,385 million (10.1%) from the previous fiscal year. In terms of profit, operating income was ¥2,164 million, up ¥638 million (41.9%); ordinary income was ¥2,400 million, up ¥691 million (40.4%); and net income attributable to owners of the parent was ¥1,454 million, up ¥341 million (30.7%), reflecting improved gross margins across all segments and restrained growth in selling, general and administrative expenses.」
The company recovered from higher revenue but lower profit in the previous fiscal year to higher revenue and higher profit for the full year, with revenue up 10.1%, operating income up 41.9%, ordinary income up 40.4% and net income up 30.7%. - FY2019-Q3RestatedAnnual report
「For the cumulative third quarter, revenue was ¥51,012 million, an increase of ¥3,906 million (8.3%) from the same period of the previous year. Operating income was ¥1,675 million, up ¥591 million (54.5%); ordinary income was ¥1,862 million, up ¥641 million (52.5%); and net income attributable to owners of the parent was ¥1,118 million, up ¥344 million (44.6%).」
The cumulative third quarter also saw higher revenue and higher profit, with revenue, operating income, ordinary income and net income attributable to owners of the parent continuing to increase year on year. - FY2019-Q2Recovery to higher revenue and profitAnnual report
「For the cumulative second quarter, revenue was ¥35,597 million, an increase of ¥2,624 million (8.0%) from the same period of the previous year. Operating income was ¥1,547 million, up ¥548 million (54.9%); ordinary income was ¥1,684 million, up ¥590 million (54.0%); and net income attributable to owners of the parent was ¥1,017 million, up ¥326 million (47.1%).」
The company shifted from higher revenue but lower profit in the previous period to higher revenue and higher profit, with revenue, operating income, ordinary income and net income attributable to owners of the parent all increasing. - FY2019-Q1Higher revenue, higher operating and ordinary income, slightly lower net incomeAnnual report
「For the cumulative first quarter, revenue was ¥16,785 million, an increase of ¥865 million (5.4%) from the same period of the previous year. Operating income was ¥508 million, up ¥63 million (14.2%); ordinary income was ¥566 million, up ¥80 million (16.5%); and net income attributable to owners of the parent was ¥311 million, down ¥1 million (0.6%).」
From the previous year's higher revenue but lower profit, revenue, operating income and ordinary income increased, while quarterly net income attributable to owners of the parent declined slightly. - FY2018Full-Year Revenue Growth and Profit DeclineAnnual report
「As a result, revenue for the fiscal year was ¥63,199 million, an increase of ¥718 million (1.1%) from the previous fiscal year. In terms of profit, operating income was ¥1,525 million, down ¥388 million (20.3%), ordinary income was ¥1,709 million, down ¥391 million (18.6%), and net income attributable to owners of the parent was ¥1,113 million, down ¥225 million (16.8%), mainly due to the lower gross margin in the large-project business and higher costs associated with the system renewal.」
For the full year, revenue increased 1.1%, while operating income, ordinary income and net income all declined. - FY2018-Q3RestatedAnnual report
「For the cumulative third quarter, revenue was ¥47,106 million, an increase of ¥780 million (1.7%) from the same period of the previous year. Operating income was ¥1,084 million, down ¥502 million (31.7%); ordinary income was ¥1,221 million, down ¥511 million (29.5%); and net income attributable to owners of the parent was ¥773 million, down ¥313 million (28.9%).」
The cumulative third quarter also saw higher revenue but lower profit, confirming the continuing declines in operating income, ordinary income and net income from the previous quarter. - FY2018-Q2RestatedAnnual report
「For the six months ended the second quarter of the current consolidated fiscal year, revenue was ¥32,972 million, an increase of ¥480 million, or 1.5%, from the same period of the previous year. The main reason for the increase was higher revenue from construction work involving residential equipment and siding for detached houses, despite a decrease in revenue from completed construction because progress on air-conditioning and sanitary equipment work and other projects in the large-scale projects business was slower than expected. Operating profit was ¥998 million, a decrease of ¥469 million, or 32.0%; ordinary profit was ¥1,093 million, a decrease of ¥473 million, or 30.2%; and net income attributable to owners of the parent was ¥691 million, a decrease of ¥287 million, or 29.3%.」
Although revenue increased in the cumulative second quarter, operating income, ordinary income and net income attributable to owners of the parent declined, and the trend of higher revenue but lower profit continued. - FY2018-Q1Shift to revenue growth and profit declineAnnual report
「For the first quarter of the current consolidated cumulative period, revenue was ¥15,919 million, an increase of ¥706 million, or 4.6%, from the same quarter of the previous year. The main reasons for the increase were growth in revenue from completed large-scale tile projects and increases in construction work involving residential equipment and siding for detached houses. Operating profit was ¥445 million, a decrease of ¥49 million, or 10.0%; ordinary profit was ¥486 million, a decrease of ¥60 million, or 11.0%; and net income attributable to owners of the parent was ¥313 million, a decrease of ¥4 million, or 1.4%.」
While revenue increased, operating profit, ordinary profit and quarterly net income attributable to owners of the parent declined year on year, changing the explanation from increased revenue and profit to increased revenue but lower profit. - FY2017RestatedAnnual report
「As a result, revenue for the consolidated fiscal year was ¥62,480 million, an increase of ¥1,757 million, or 2.9%, from the previous consolidated fiscal year. Operating profit was ¥1,914 million, an increase of ¥254 million, or 15.3%, despite a slight increase in the gross profit margin, reflecting higher gross profit accompanying the increase in revenue and restrained selling, general and administrative expenses. Ordinary profit was ¥2,101 million, an increase of ¥206 million, or 10.9%. Net income attributable to owners of the parent was ¥1,338 million, an increase of ¥187 million, or 16.3%.」
Revenue and profit increased for the full fiscal year, with increases in revenue, operating profit, ordinary profit and net income attributable to owners of the parent. - FY2017-Q3RestatedAnnual report
「Revenue was ¥46,325 million, an increase of ¥1,156 million, or 2.6%, from the same quarter of the previous year. Operating profit was ¥1,587 million, an increase of ¥237 million, or 17.6%; ordinary profit was ¥1,732 million, an increase of ¥186 million, or 12.1%; and net income attributable to owners of the parent was ¥1,087 million, an increase of ¥72 million, or 7.2%.」
For the nine-month cumulative period, revenue increased, as did operating profit, ordinary profit and quarterly net income attributable to owners of the parent. - FY2017-Q2RestatedAnnual report
「For the six months ended the second quarter of the current consolidated fiscal year, revenue was ¥32,491 million, an increase of ¥1,153 million, or 3.7%, from the same period of the previous year. Operating profit was ¥1,468 million, an increase of ¥305 million, or 26.3%; ordinary profit was ¥1,567 million, an increase of ¥255 million, or 19.5%; and net income attributable to owners of the parent was ¥978 million, an increase of ¥28 million, or 3.0%.」
For the six-month cumulative period, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all increased. - FY2017-Q1RestatedAnnual report
「For the first quarter of the current consolidated cumulative period, revenue was ¥15,213 million, an increase of ¥712 million, or 4.9%, from the same quarter of the previous year. Operating profit was ¥494 million, an increase of ¥200 million, or 68.3%; ordinary profit was ¥546 million, an increase of ¥197 million, or 56.7%; and net income attributable to owners of the parent was ¥317 million, an increase of ¥126 million, or 65.8%.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased again in the current quarter. - FY2016-Q3First statedAnnual report
「Revenue was ¥45,168 million, an increase of ¥3,504 million, or 8.4%, from the same quarter of the previous year. Operating profit was ¥1,349 million, an increase of ¥152 million, or 12.8%; ordinary profit was ¥1,546 million, an increase of ¥209 million, or 15.7%; and net income attributable to owners of the parent was ¥1,014 million, an increase of ¥157 million, or 18.4%.」
Revenue, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all increased year on year.