Higher sales but lower operating profit, ordinary profit and quarterly net profit
First written in FY2018-Q1. 10 of 29 entries say "Reframed", first in FY2019-Q1. Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 14 of 54 companies on the "Worse" side.
28 other companies' latest entry also says "Other".
- FY2026-H1Updated interim financial resultsAnnual report
「Revenue for the interim accounting period increased 9.2% year on year to ¥31.212 billion, while gross profit rose 10.2% to ¥8.042 billion, reflecting steady progress. Operating profit increased 31.7% to ¥1.013 billion and ordinary profit rose 30.5% to ¥995 million, resulting in substantial profit growth because no new store-opening costs were incurred in the previous interim accounting period. Interim net profit was ¥675 million, up 21.9%, as growth in core operating profit more than offset the reversal of the effect of the extraordinary gain recognized in the previous interim accounting period.」
Interim results were updated for revenue, gross profit, operating profit, ordinary profit and interim net profit. All profit metrics exceeded the year-earlier period, partly because no new store-opening costs were incurred. - FY2025Full-year results updatedAnnual report
「As a result of these initiatives, full-year revenue increased 13.0% to ¥58.570 billion, supported by new store openings. However, operating profit declined 31.7% to ¥1.308 billion, ordinary profit fell 34.2% to ¥1.287 billion, and net profit decreased 31.3% to ¥979 million due to higher store-opening costs, personnel expenses and other factors.」
New store openings increased revenue, while higher store-opening costs, personnel expenses and other costs reduced operating profit, ordinary profit and net profit. - FY2025-H1ReframedAnnual report
「Revenue for the interim accounting period increased to ¥28.575 billion, up 9.8% year on year, driven by new stores including the Chitose store and Ario Sapporo store, as well as the Inada store, which opened in September 2024. However, because the Ario Sapporo store opened ahead of schedule, expenses associated with the new stores, including personnel and consumables costs, were concentrated in the interim accounting period. Operating profit therefore declined 33.5% to ¥769 million, ordinary profit fell 34.4% to ¥762 million, and interim net profit decreased 30.6% to ¥554 million.」
The pattern has changed to one in which new store openings increase revenue, while the concentration of store-opening-related costs reduces operating profit, ordinary profit and interim net profit. - FY2024ReframedAnnual report
「As a result, revenue for the fiscal year was ¥51.827 billion, up 7.9% year on year, operating profit was ¥1.914 billion, up 7.0%, ordinary profit was ¥1.958 billion, up 7.6%, and net profit was ¥1.424 billion, up 15.4%.」
The pattern has changed from the prior period, when revenue increased but operating profit and ordinary profit declined, to the current fiscal year, when revenue, operating profit, ordinary profit and net profit all exceeded the year-earlier period. - FY2024-Q2Second-quarter results updatedAnnual report
「As a result, revenue for the second quarter cumulative period was ¥26.015 billion, up 8.0% year on year, operating profit was ¥1.157 billion, up 10.8%, ordinary profit was ¥1.162 billion, up 10.8%, and quarterly net profit was ¥798 million, up 11.2%.」
For the second quarter cumulative period, results were updated showing revenue, operating profit, ordinary profit and quarterly net profit all exceeding the year-earlier period. - FY2024-Q1ReframedAnnual report
「As a result, revenue for the first quarter cumulative period was ¥13.385 billion, up 5.6% year on year, operating profit was ¥688 million, up 5.1%, ordinary profit was ¥691 million, up 5.1%, and quarterly net profit was ¥476 million, up 5.2%.」
The pattern has changed from the prior full year, when revenue increased but operating profit and ordinary profit declined, to the first quarter, when revenue, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier period. - FY2023ReframedAnnual report
「Revenue was ¥48.047 billion, up 3.2% year on year, operating profit was ¥1.788 billion, down 5.0%, ordinary profit was ¥1.820 billion, down 5.2%, and net profit was ¥1.234 billion, up 6.1%.」
Revenue increased, while operating profit and ordinary profit continued to decline; net profit increased 6.1% year on year due to lower extraordinary losses. - FY2023-Q3ReframedAnnual report
「As a result, revenue for the third quarter cumulative period was ¥35.959 billion, up 3.2% year on year, operating profit was ¥1.509 billion, up 9.6%, ordinary profit was ¥1.522 billion, up 9.7%, and quarterly net profit was ¥981 million, down 0.4%.」
Revenue, operating profit and ordinary profit continued to increase, while quarterly net profit declined 0.4% year on year due to an impairment loss on the former head office building and other factors, resulting in divergent profit trends. - FY2023-Q2Second-quarter results updatedAnnual report
「As a result, revenue for the second quarter cumulative period was ¥24.084 billion, up 3.6% year on year, operating profit was ¥1.044 billion, up 21.3%, ordinary profit was ¥1.049 billion, up 21.4%, and quarterly net profit was ¥718 million, up 22.5%.」
For the second quarter cumulative period, results were updated showing revenue, operating profit, ordinary profit and quarterly net profit all exceeding the year-earlier period. - FY2023-Q1ReframedAnnual report
「As a result, revenue for the first quarter cumulative period was ¥12.670 billion, up 5.1% year on year, operating profit was ¥655 million, up 29.2%, ordinary profit was ¥657 million, up 29.3%, and quarterly net profit was ¥452 million, up 29.5%.」
The pattern has changed from higher revenue accompanied by lower profit to one in which revenue, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier period. - FY2022Update to Full-Year Earnings ResultsAnnual report
「As a result, revenue for the fiscal year was ¥46.560 billion, up 5.8% year on year, operating profit was ¥1.883 billion, down 3.4%, ordinary profit was ¥1.920 billion, down 2.6%, and net profit was ¥1.163 billion, down 9.6%.」
For the full year, revenue increased 5.8% year on year, while operating profit, ordinary profit and net profit all declined. Higher cost of sales and SG&A expenses were cited as factors behind the decline in profit, while net profit was also affected by expenses related to corrections to prior-period financial statements. - FY2022-Q3Third-quarter results updatedAnnual report
「As a result, revenue for the third quarter cumulative period was ¥34.843 billion, up 5.9% year on year, operating profit was ¥1.376 billion, down 10.3%, ordinary profit was ¥1.387 billion, down 10.2%, and quarterly net profit was ¥985 million, down 4.8%.」
For the third quarter cumulative period, revenue increased 5.9% year on year, while operating profit, ordinary profit and quarterly net profit all fell below the year-earlier period. The company has updated the pattern of higher revenue accompanied by lower profit. - FY2022-Q1ReframedAnnual report
「As a result, revenue for the first quarter cumulative period was ¥12.059 billion, up 4.3% year on year, operating profit was ¥722 million, down 10.4%, ordinary profit was ¥723 million, down 10.6%, and quarterly net profit was ¥498 million, down 6.2%.」
The pattern has changed to one in which revenue increased 4.3% year on year, while operating profit, ordinary profit and quarterly net profit all fell below the year-earlier period. - FY2021ReframedAnnual report
「As a result, revenue for the fiscal year was ¥44.015 billion, up 3.3% year on year, operating profit was ¥1.908 billion, up 6.6%, ordinary profit was ¥1.929 billion, up 6.7%, and net profit was ¥1.257 billion, up 7.6%.」
The pattern has changed from higher revenue accompanied by lower profit to one in which revenue, operating profit, ordinary profit and net profit all exceeded the year-earlier period. - FY2021-Q3RestatedAnnual report
「As a result, revenue for the third quarter cumulative period was ¥32.912 billion, up 2.9% year on year, operating profit was ¥1.691 billion, up 13.1%, ordinary profit was ¥1.701 billion, up 13.0%, and quarterly net profit was ¥1.143 billion, up 15.9%.」
As in the previous quarter, the company reports that revenue, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier period. - FY2021-Q2Second-quarter results updatedAnnual report
「As a result, revenue for the second quarter cumulative period was ¥21.957 billion, up 3.1% year on year, operating profit was ¥1.154 billion, up 25.2%, ordinary profit was ¥1.160 billion, up 24.9%, and quarterly net profit was ¥771 million, up 22.8%.」
The second-quarter cumulative results were updated, with revenue, operating profit, ordinary profit and quarterly net profit all exceeding the year-earlier period. - FY2021-Q1Updated first-quarter resultsAnnual report
「As a result, revenue for the first quarter cumulative period was ¥11.560 billion, up 4.8% year on year, operating profit was ¥806 million, up 37.8%, ordinary profit was ¥809 million, up 37.4%, and quarterly net profit was ¥531 million, up 33.9%.」
The first-quarter results were updated, with revenue, operating profit, ordinary profit and quarterly net profit all exceeding the year-earlier period. - FY2020Update to Full-Year Earnings ResultsAnnual report
「As a result, revenue for the fiscal year was ¥42.595 billion, up 5.2% year on year, operating profit was ¥1.790 billion, up 33.4%, ordinary profit was ¥1.807 billion, up 33.2%, and net profit was ¥1.168 billion, up 55.8%.」
Full-year actual results were updated for revenue, operating profit, ordinary profit and net profit, all of which exceeded the year-earlier period. - FY2020-Q3RestatedAnnual report
「As a result, revenue for the third quarter cumulative period was ¥31.975 billion, up 5.7% year on year, operating profit was ¥1.495 billion, up 27.7%, ordinary profit was ¥1.505 billion, up 27.3%, and quarterly net profit was ¥986 million, up 58.4%.」
As in the previous quarter, revenue, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier period. - FY2020-Q2RestatedAnnual report
「As a result, revenue for the second quarter cumulative period was ¥21.299 billion, up 5.0% year on year, operating profit was ¥922 million, up 12.7%, ordinary profit was ¥929 million, up 12.4%, and quarterly net profit was ¥628 million, up 53.7%.」
As in the previous quarter, revenue, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier period. - FY2020-Q1ReframedAnnual report
「As a result, revenue for the first quarter cumulative period was ¥11.028 billion, up 3.4% year on year, operating profit was ¥585 million, up 4.8%, ordinary profit was ¥589 million, up 5.2%, and quarterly net profit was ¥397 million, up 75.6%.」
The pattern has changed from the prior full year, when revenue and operating profit increased but net profit declined, to the current quarter, when revenue, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier period. - FY2019RestatedAnnual report
「As a result, revenue for the fiscal year was ¥40.470 billion, up 0.3% year on year, operating profit was ¥1.342 billion, up 5.3%, and ordinary profit was ¥1.356 billion, up 5.5%. Net profit was ¥750 million, down 5.9%, due to the recognition of a ¥225 million impairment loss and other items as extraordinary losses.」
For the full year as well, the company describes a pattern in which revenue, operating profit and ordinary profit increased, while net profit declined due to the impairment loss and other factors. - FY2019-Q3RestatedAnnual report
「As a result, revenue for the third quarter cumulative period was ¥30.241 billion, up 0.7% year on year, operating profit was ¥1.171 billion, up 17.2%, and ordinary profit was ¥1.182 billion, up 17.8%. Quarterly net profit was ¥622 million, down 2.1%, due to the recognition of a ¥225 million impairment loss as an extraordinary loss.」
The pattern continues in which revenue, operating profit and ordinary profit increase, while quarterly net profit declines year on year due to the recognition of an impairment loss. - FY2019-Q2RestatedAnnual report
「As a result, revenue for the second quarter cumulative period was ¥20.291 billion, up 0.3% year on year, operating profit was ¥818 million, up 20.8%, and ordinary profit was ¥826 million, up 21.7%. Quarterly net profit was ¥408 million, down 1.6%, due to the recognition of a ¥225 million impairment loss as an extraordinary loss.」
The pattern continues in which revenue, operating profit and ordinary profit increase, while quarterly net profit declines year on year due to the recognition of an impairment loss. - FY2019-Q1ReframedAnnual report
「As a result, revenue for the first quarter cumulative period was ¥10.661 billion, up 0.2% year on year, operating profit was ¥558 million, up 23.9%, and ordinary profit was ¥560 million, up 24.2%. Quarterly net profit was ¥226 million, down 13.7%, due to the recognition of a ¥225 million impairment loss as an extraordinary loss.」
The pattern has changed from higher revenue accompanied by declines in operating and ordinary profit to higher revenue accompanied by increases in operating and ordinary profit, while quarterly net profit declines due to the impairment loss. - FY2018RestatedAnnual report
「Net sales increased 3.4% year on year to ¥40,347 million. However, operating income fell 6.8% to ¥1,275 million due to higher selling, general and administrative expenses, and ordinary income fell 6.4% to ¥1,285 million. Net income fell 56.4% to ¥797 million due to the absence of the ¥957 million extraordinary gain on extinguishment of shares recognized in the previous fiscal year, a ¥66 million loss on disposal of fixed assets related to relocation and expansion of floor space, and an ¥83 million disaster loss related to the 2018 Hokkaido Eastern Iburi Earthquake.」
For the full year as well, the company describes a pattern in which higher revenue is accompanied by declines in operating profit, ordinary profit and net profit due to higher SG&A expenses, the reversal of the prior period's extraordinary gain, losses on the disposal of fixed assets and disaster losses. - FY2018-Q3RestatedAnnual report
「Revenue increased to ¥30.021 billion, up 2.5% year on year. However, operating profit declined 12.8% to ¥998 million due to higher selling, general and administrative expenses, ordinary profit fell 12.4% to ¥1.003 billion, and quarterly net profit decreased 63.3% to ¥636 million, owing to the reversal of the prior period's ¥957 million extraordinary gain on the extinguishment of merger-related shares and the recognition of a ¥65 million extraordinary loss on the disposal of fixed assets associated with the relocation and expansion.」
Revenue increased, while operating profit, ordinary profit and quarterly net profit continued to decline. - FY2018-Q2RestatedAnnual report
「Revenue increased to ¥20.224 billion, up 2.7% year on year. However, operating profit declined 14.6% to ¥677 million due to higher selling, general and administrative expenses, ordinary profit fell 14.3% to ¥679 million, and quarterly net profit decreased 72.2% to ¥415 million, owing to the reversal of the prior period's ¥957 million extraordinary gain on the extinguishment of merger-related shares and the recognition of a ¥65 million extraordinary loss on the disposal of fixed assets associated with the relocation and expansion.」
Revenue increased 2.7% year on year, while operating profit, ordinary profit and quarterly net profit declined. Higher SG&A expenses, the reversal of the prior period's extraordinary gain and the loss on the disposal of fixed assets continued to be cited as factors behind the decline in profit. - FY2018-Q1First statedAnnual report
「Revenue increased to ¥10.641 billion, up 1.3% year on year. However, operating profit declined 14.1% to ¥450 million due to higher selling, general and administrative expenses, ordinary profit fell 14.0% to ¥450 million, and quarterly net profit decreased 80.0% to ¥262 million, owing to the reversal of the prior period's ¥957 million extraordinary gain on the extinguishment of merger-related shares and the recognition of a ¥65 million extraordinary loss on the disposal of fixed assets associated with the relocation and expansion.」
Revenue increased 1.3% year on year, while operating profit, ordinary profit and quarterly net profit declined. Net profit was affected by the reversal of the prior period's extraordinary gain and the loss on the disposal of fixed assets.