Increase in consolidated profit despite lower revenue
First written in FY2017-Q3. 17 of 35 entries say "Worsened", first in FY2018-Q1. Latest entry: FY2026.
Kyoto Kimono Yuzen Holdings moved to the "Worse" side of this theme in 2024, 5 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 8 of 24 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Net sales for the fiscal year rose 15.3% year on year to ¥5,951 million. ... Operating income for the fiscal year was ¥259 million, compared with an operating loss of ¥734 million in the previous year.」
The performance pattern has shifted from narrowing losses despite declining net sales to simultaneous growth in net sales and a return to operating profitability. - FY2026-H1ReframedAnnual report
「On the sales side, the effects of various projects have continued since the first quarter, leading to stable order intake. Across the kimono business, reforms to the sales process and changes in sales initiatives have proven effective, steadily establishing a sustainable sales platform. Net sales for the six-month interim consolidated period therefore rose 13.2% year on year to ¥3,032 million.」
The performance pattern has shifted from narrowing losses despite declining net sales to rising net sales and a return to profitability as a result of sales-process reforms and changes in sales initiatives. - FY2025ReframedAnnual report
「However, because net sales declined sharply as described above, outweighing these effects, the operating loss was ¥734 million, compared with an operating loss of ¥1,039 million in the same period of the previous year, and the ordinary loss was ¥747 million, compared with an ordinary loss of ¥1,055 million.」
The previous theme of profit growth despite declining net sales has been recast as a situation in which net sales remain down, while cost reductions narrow operating and ordinary losses. - FY2025-H1WorsenedAnnual report
「Net sales for the six-month interim consolidated period fell 27.1% year on year to ¥2,678 million. In terms of earnings, the Company reviewed its procurement processes and cost structure and worked to reduce and improve the efficiency of overall expenses, including fixed costs. However, as net sales declined as described above, the operating loss was ¥391 million, compared with an operating loss of ¥264 million in the same period of the previous year; the ordinary loss was ¥401 million, compared with an ordinary loss of ¥274 million; and the interim net loss attributable to owners of the parent was ¥410 million, compared with an interim net loss attributable to owners of the parent of ¥283 million.」
The previous pattern of improving earnings despite declining net sales has given way to a continuing pattern in which declining net sales coincide with wider operating, ordinary and net losses. - FY2024WorsenedAnnual report
「As a result, for the fiscal year, consolidated net sales fell 15.7% year on year to ¥7,022 million, while the operating loss was ¥1,039 million, compared with an operating loss of ¥286 million in the previous year, and the ordinary loss was ¥1,055 million, compared with an ordinary loss of ¥265 million in the previous year. In addition, the Company recorded ¥224 million in extraordinary losses for impairment losses on stores and other assets and settlement payments. As a result, the net loss attributable to owners of the parent was ¥1,342 million, compared with a net loss attributable to owners of the parent of ¥468 million in the previous year.」
Declining net sales coincided with widening operating and ordinary losses, while the net loss also widened from ¥468 million to ¥1,342 million. - FY2024-Q3WorsenedAnnual report
「As a result, for the first nine months of the fiscal year, consolidated net sales fell 20.2% year on year to ¥5,241 million. In terms of earnings, the operating loss was ¥454 million, compared with operating income of ¥13 million in the same period of the previous year; the ordinary loss was ¥466 million, compared with ordinary income of ¥22 million; and the quarterly net loss attributable to owners of the parent was ¥479 million, compared with quarterly net income attributable to owners of the parent of ¥7 million in the previous year.」
The Company shifted from higher net sales and profit in the first nine months of the previous fiscal year to declining net sales and the recognition of operating, ordinary and net losses. - FY2024-Q2WorsenedAnnual report
「As a result, for the first six months of the fiscal year, consolidated net sales fell 15.4% year on year to ¥3,672 million. In terms of earnings, the operating loss was ¥264 million, compared with an operating loss of ¥56 million in the same period of the previous year; the ordinary loss was ¥274 million, compared with an ordinary loss of ¥47 million; and the quarterly net loss attributable to owners of the parent was ¥283 million, compared with a quarterly net loss attributable to owners of the parent of ¥53 million.」
Consolidated net sales fell 15.4% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the previous year. - FY2024-Q1WorsenedAnnual report
「As a result, for the first quarter of the fiscal year, consolidated net sales fell 9.0% year on year to ¥1,777 million. In terms of earnings, the operating loss was ¥188 million, compared with an operating loss of ¥118 million in the same period of the previous year; the ordinary loss was ¥192 million, compared with an ordinary loss of ¥122 million; and the quarterly net loss attributable to owners of the parent was ¥196 million, compared with a quarterly net loss attributable to owners of the parent of ¥125 million.」
Net sales fell 9.0% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the previous year. - FY2023ReframedAnnual report
「As a result, for the fiscal year, consolidated net sales fell 1.8% year on year to ¥8,329 million, while the operating loss was ¥286 million, compared with operating income of ¥4 million in the previous year, and the ordinary loss was ¥265 million, compared with ordinary income of ¥16 million in the previous year.」
The performance pattern has shifted from increasing consolidated profit despite declining net sales to one characterized by both declining net sales and a transition to operating and ordinary losses. - FY2023-Q3AdvancedAnnual report
「As a result, for the first nine months of the fiscal year, consolidated net sales rose 6.2% year on year to ¥6,569 million. In terms of earnings, operating income was ¥13 million, compared with an operating loss of ¥29 million in the same period of the previous year; ordinary income was ¥22 million, compared with an ordinary loss of ¥12 million; and quarterly net income attributable to owners of the parent was ¥7 million, compared with a quarterly net loss attributable to owners of the parent of ¥47 million.」
With net sales up 6.2% year on year, operating results, ordinary results and quarterly net results attributable to owners of the parent all turned from losses in the previous year to income. - FY2023-Q2AdvancedAnnual report
「As a result, consolidated sales for the cumulative second-quarter period increased 12.3% year on year to ¥4,338 million. In terms of profitability, the operating loss was ¥56 million, compared with an operating loss of ¥234 million in the previous corresponding period; the ordinary loss was ¥47 million, compared with an ordinary loss of ¥213 million; and the quarterly net loss attributable to owners of the parent was ¥53 million, compared with a quarterly net loss attributable to owners of the parent of ¥223 million. Profitability improved significantly from the cumulative second-quarter period of the previous fiscal year.」
The pattern of rising net sales accompanied by narrower losses was also confirmed in the second quarter, and the shift away from the previous theme of profit growth despite declining net sales is continuing. - FY2023-Q1ReframedAnnual report
「As a result, consolidated results for the cumulative first-quarter period were sales of ¥1,953 million, up 6.3% year on year; an operating loss of ¥118 million, compared with an operating loss of ¥144 million in the previous corresponding period; an ordinary loss of ¥122 million, compared with an ordinary loss of ¥118 million; and a quarterly net loss attributable to owners of the parent of ¥125 million, compared with a quarterly net loss attributable to owners of the parent of ¥120 million.」
The performance pattern has shifted from increasing consolidated profit despite declining net sales to one in which net sales increase and the operating loss narrows, while the ordinary loss and net loss widen. - FY2022WorsenedAnnual report
「As a result, for the fiscal year, consolidated net sales rose 10.6% year on year to ¥8,484 million, while operating income fell 93.1% to ¥4 million and ordinary income fell 83.0% to ¥16 million. In addition, the Company recorded impairment losses on stores of ¥169 million and valuation losses on investment securities of ¥40 million as extraordinary losses. As a result, the net loss attributable to owners of the parent was ¥185 million, compared with net income attributable to owners of the parent of ¥77 million in the previous year.」
Net sales rose 10.6% year on year, but operating income fell to ¥4 million, and the Company posted a net loss attributable to owners of the parent of ¥185 million due in part to the recognition of extraordinary losses. - FY2022-Q3WorsenedAnnual report
「As a result, for the first nine months of the fiscal year, consolidated net sales rose 10.0% year on year to ¥6,186 million, while the operating loss was ¥29 million, compared with operating income of ¥161 million in the same period of the previous year; the ordinary loss was ¥12 million, compared with ordinary income of ¥189 million; and the quarterly net loss attributable to owners of the parent was ¥47 million, compared with quarterly net income attributable to owners of the parent of ¥201 million in the previous year.」
Consolidated net sales rose 10.0% year on year, but operating results, ordinary results and quarterly net results attributable to owners of the parent all turned from income in the previous year to losses. - FY2022-Q2WorsenedAnnual report
「As a result, for the first six months of the fiscal year, consolidated net sales rose 22.3% year on year to ¥3,862 million, while the operating loss was ¥234 million, compared with an operating loss of ¥168 million in the same period of the previous year; the ordinary loss was ¥213 million, compared with an ordinary loss of ¥148 million; and the quarterly net loss attributable to owners of the parent was ¥223 million, compared with a quarterly net loss attributable to owners of the parent of ¥117 million.」
Consolidated net sales rose 22.3% year on year, but the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the previous year. - FY2022-Q1AdvancedAnnual report
「As a result, for the first quarter of the fiscal year, consolidated net sales rose 120.7% year on year to ¥1,836 million, while the operating loss was ¥144 million, compared with an operating loss of ¥143 million in the same period of the previous year; the ordinary loss was ¥118 million, compared with an ordinary loss of ¥137 million; and the quarterly net loss attributable to owners of the parent was ¥120 million, compared with a quarterly net loss attributable to owners of the parent of ¥449 million.」
Consolidated net sales rose 120.7% year on year, while the ordinary loss narrowed from ¥137 million to ¥118 million and the quarterly net loss attributable to owners of the parent narrowed from ¥449 million to ¥120 million. Operating loss, however, increased from ¥143 million to ¥144 million. - FY2021AdvancedAnnual report
「As a result, for the fiscal year, consolidated net sales fell 27.1% year on year to ¥7,668 million, while operating income was ¥63 million, compared with an operating loss of ¥377 million in the previous year, and ordinary income was ¥98 million, compared with an ordinary loss of ¥269 million. In addition, the Company recorded ¥277 million in extraordinary income for long-unused deposits held for the Tomo no Kai members' association that are not expected to be used in the future, including deposits relating to members who cannot be contacted; ¥197 million in extraordinary income for employment adjustment subsidies received in connection with temporary store closures; and ¥376 million in extraordinary losses for costs incurred during the temporary closure period. As a result, net income attributable to owners of the parent was ¥77 million, compared with a net loss attributable to owners of the parent of ¥420 million in the previous year.」
Consolidated net sales fell 27.1% year on year, but operating results turned from a loss of ¥377 million to income of ¥63 million, ordinary results from a loss of ¥269 million to income of ¥98 million, and net results attributable to owners of the parent from a loss of ¥420 million to income of ¥77 million. - FY2021-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter of the fiscal year under review, consolidated revenue was ¥5,622 million, down 33.2% year on year; operating profit was ¥161 million, compared with an operating loss of ¥24 million in the same period of the previous year; and ordinary profit was ¥189 million, up 198.7% year on year. In addition, the Company recorded ¥277 million in long-unused deposits from Tomo no Kai members that are not expected to be used in the future, such as where the members cannot be contacted, as an extraordinary gain; ¥195 million in employment adjustment subsidies related to temporary closures as an extraordinary gain; and ¥376 million in costs incurred during the temporary closure period as an extraordinary loss. As a result, quarterly net profit attributable to owners of the parent was ¥201 million, compared with a quarterly net loss attributable to owners of the parent of ¥9 million in the same period of the previous year.」
While consolidated revenue declined 33.2% year on year, operating results improved from a loss of ¥24 million to a profit of ¥161 million, ordinary profit was ¥189 million, and quarterly net profit attributable to owners of the parent was ¥201 million. - FY2021-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter of the fiscal year under review, consolidated revenue was ¥3,157 million, down 44.6% year on year; operating loss was ¥168 million, compared with an operating loss of ¥37 million in the same period of the previous year; and ordinary loss was ¥148 million, compared with ordinary profit of ¥20 million. In addition, the Company recorded ¥277 million in long-unused deposits from Tomo no Kai members that are not expected to be used in the future, such as where the members cannot be contacted, as an extraordinary gain; ¥195 million in employment adjustment subsidies related to temporary closures as an extraordinary gain; and ¥376 million in costs incurred during the temporary closure period as an extraordinary loss. As a result, the quarterly net loss attributable to owners of the parent was ¥117 million, compared with a quarterly net loss attributable to owners of the parent of ¥33 million.」
Consolidated revenue declined 44.6% year on year, while operating loss and ordinary loss either widened or turned from profit into loss, and the quarterly net loss attributable to owners of the parent widened from ¥33 million to ¥117 million. - FY2021-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter of the fiscal year under review, consolidated revenue was ¥832 million, down 68.8% year on year; operating loss was ¥143 million, compared with operating profit of ¥15 million in the same period of the previous year; and ordinary loss was ¥137 million, compared with ordinary profit of ¥39 million. In addition, the Company recorded ¥84 million in employment adjustment subsidies related to temporary closures as an extraordinary gain and ¥376 million in costs incurred during the temporary closure period as an extraordinary loss, resulting in a quarterly net loss attributable to owners of the parent of ¥449 million, compared with quarterly net profit attributable to owners of the parent of ¥22 million.」
Consolidated revenue declined 68.8% year on year, while operating profit, ordinary profit, and profit attributable to owners of the parent all turned from profits in the same period of the previous year into losses. The Company also recorded ¥376 million in temporary closure costs. - FY2020AdvancedAnnual report
「As a result, for the fiscal year under review, consolidated revenue was ¥10,514 million, up 13.8% year on year; operating loss was ¥377 million, compared with an operating loss of ¥923 million in the previous fiscal year; and ordinary loss was ¥269 million, compared with an ordinary loss of ¥812 million. The net loss attributable to owners of the parent was ¥420 million, compared with a net loss attributable to owners of the parent of ¥818 million in the previous fiscal year.」
Consolidated revenue turned to a 13.8% year-on-year increase, while operating loss, ordinary loss, and net loss attributable to owners of the parent all narrowed from the previous fiscal year. - FY2020-Q3AdvancedAnnual report
「As a result, for the cumulative second quarter of the fiscal year under review, consolidated revenue was ¥8,412 million, up 17.0% year on year; operating loss was ¥24 million, compared with an operating loss of ¥471 million in the same period of the previous year; ordinary profit was ¥63 million, compared with an ordinary loss of ¥374 million; and the quarterly net loss attributable to owners of the parent was ¥9 million, compared with a quarterly net loss attributable to owners of the parent of ¥144 million.」
Revenue turned to a 17.0% year-on-year increase, operating loss narrowed from ¥471 million to ¥24 million, and ordinary profit also turned into a profit of ¥63 million. The quarterly net loss attributable to owners of the parent narrowed from ¥144 million to ¥9 million. The text states "second quarter" for figures covering the cumulative third quarter. - FY2020-Q2AdvancedAnnual report
「As a result, for the cumulative second quarter of the fiscal year under review, consolidated revenue was ¥5,696 million, up 17.3% year on year; operating loss was ¥37 million, compared with an operating loss of ¥301 million in the same period of the previous year; ordinary profit was ¥20 million, compared with an ordinary loss of ¥229 million; and the quarterly net loss attributable to owners of the parent was ¥33 million, compared with a quarterly net loss attributable to owners of the parent of ¥260 million.」
Revenue increased 17.3% year on year, operating loss narrowed from ¥301 million to ¥37 million, and ordinary profit turned into a profit of ¥20 million. The quarterly net loss attributable to owners of the parent also narrowed from ¥260 million to ¥33 million. - FY2020-Q1ReframedAnnual report
「As a result, for the cumulative first quarter of the fiscal year under review, consolidated revenue was ¥2,666 million, up 5.8% year on year; operating profit was ¥15 million, compared with an operating loss of ¥85 million in the same period of the previous year; ordinary profit was ¥39 million, compared with an ordinary loss of ¥61 million; and quarterly net profit attributable to owners of the parent was ¥22 million, compared with a quarterly net loss attributable to owners of the parent of ¥43 million.」
Revenue turned to a 5.8% year-on-year increase, and operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all returned to profitability. The situation changed from the previous pattern of higher profit despite lower revenue to a combination of higher revenue and profit recovery. - FY2019-Q3WorsenedAnnual report
「As a result, for the cumulative third quarter of the fiscal year under review, consolidated revenue was ¥7,187 million, down 11.7% year on year; operating loss was ¥471 million, compared with operating profit of ¥141 million in the same period of the previous year; and ordinary loss was ¥374 million, compared with ordinary profit of ¥228 million. In addition, the Company recorded ¥377 million in gains on the sale of non-current assets as an extraordinary gain from the sale of the land and building of its Tokyo Main Store, resulting in a quarterly net loss attributable to owners of the parent of ¥144 million, compared with quarterly net profit attributable to owners of the parent of ¥131 million in the same period of the previous year.」
Consolidated revenue declined 11.7% year on year, while operating profit and ordinary profit turned from profits in the same period of the previous year into losses, and quarterly net profit attributable to owners of the parent also became a loss. Although the Company recorded ¥377 million in gains on the sale of the Tokyo Main Store, the quarterly net loss was ¥144 million. - FY2019-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter of the fiscal year under review, consolidated revenue was ¥4,855 million, down 11.8% year on year; operating loss was ¥301 million, compared with operating profit of ¥127 million in the same period of the previous year; ordinary loss was ¥229 million, compared with ordinary profit of ¥177 million; and the quarterly net loss attributable to owners of the parent was ¥260 million, compared with quarterly net profit attributable to owners of the parent of ¥105 million.」
Revenue declined 11.8% year on year, while operating profit, ordinary profit, and profit attributable to owners of the parent turned from profits in the same period of the previous year into losses. - FY2019-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter of the fiscal year under review, consolidated revenue was ¥2,518 million, down 14.0% year on year; operating loss was ¥85 million, compared with operating profit of ¥148 million in the same period of the previous year; ordinary loss was ¥61 million, compared with ordinary profit of ¥175 million; and the quarterly net loss attributable to owners of the parent was ¥43 million, compared with quarterly net profit attributable to owners of the parent of ¥113 million.」
Revenue declined 14.0% year on year, while operating profit, ordinary profit, and quarterly net profit attributable to owners of the parent all turned into losses. - FY2018WorsenedAnnual report
「As a result, for the fiscal year under review, consolidated revenue was ¥10,545 million, down 13.1% year on year; operating profit was ¥48 million, down 92.2%; and ordinary profit was ¥151 million, down 80.1%. Profit attributable to owners of the parent was ¥37 million, down 91.6%.」
Revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all declined year on year, representing further deterioration from the previous fiscal year, when profit increased despite lower revenue. - FY2018-Q3WorsenedAnnual report
「As a result, for the cumulative third quarter of the fiscal year under review, consolidated revenue was ¥8,138 million, down 16.1% year on year; operating profit was ¥141 million, down 80.0%; ordinary profit was ¥228 million, down 72.3%; and profit attributable to owners of the parent was ¥131 million, down 75.6%.」
Consolidated revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all declined year on year, and the deterioration from the previous fiscal year, when profit increased despite lower revenue, has continued. - FY2018-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter of the fiscal year under review, consolidated revenue was ¥5,506 million, down 19.9% year on year; operating profit was ¥127 million, down 80.2%; ordinary profit was ¥177 million, down 74.9%; and profit attributable to owners of the parent was ¥105 million, down 77.7%.」
Following the previous quarter, revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all declined year on year, and the decline in profit widened. - FY2018-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter of the fiscal year under review, consolidated revenue was ¥2,929 million, down 13.1% year on year; operating profit was ¥148 million, down 46.7%; ordinary profit was ¥175 million, down 42.4%; and profit attributable to owners of the parent was ¥113 million, down 44.0%.」
The trend changed from the previous fiscal year, when profit increased despite lower revenue. In the first quarter under review, revenue, operating profit, ordinary profit, and profit attributable to owners of the parent all declined year on year. - FY2017AdvancedAnnual report
「As a result, for the fiscal year under review, consolidated revenue was ¥12,130 million, down 2.3% year on year; operating profit was ¥625 million, up 160.2%; and ordinary profit was ¥762 million, up 112.0%. Profit attributable to owners of the parent was ¥450 million, compared with a loss of ¥783 million in the previous fiscal year, when the Company recorded ¥1,043 million in impairment losses on stores as an extraordinary loss.」
For the full fiscal year, consolidated revenue declined 2.3%, while operating profit and ordinary profit increased significantly, and profit attributable to owners of the parent turned from a loss in the previous fiscal year into profit of ¥450 million. - FY2017-Q3First statedAnnual report
「As a result, for the cumulative third quarter of the fiscal year under review, consolidated revenue was ¥9,699 million, down 2.4% year on year; operating profit was ¥707 million, up 127.3%; ordinary profit was ¥823 million, up 99.8%; and profit attributable to owners of the parent was ¥538 million, up 78.9%.」
While consolidated revenue declined 2.4% year on year, operating profit, ordinary profit, and profit attributable to owners of the parent all increased significantly.