Early transformation of the business structure and recovery of profitability and the business foundation
First written in FY2016. 22 of 39 entries say "Worsened", first in FY2018-Q1. Latest entry: 2026-08-07.
Kubotek moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
3 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedOccurring Fact
「As a result, consolidated results for the cumulative first-quarter period were sales of ¥216 million, down 65.3% year on year, an operating loss of ¥61 million, compared with operating income of ¥50 million in the same quarter of the previous year, an ordinary loss of ¥62 million, compared with ordinary income of ¥50 million in the same quarter of the previous year, and a quarterly net loss attributable to owners of the parent of ¥62 million, compared with quarterly net income attributable to owners of the parent of ¥49 million in the same quarter of the previous year.」
Operating income, ordinary income and quarterly net income in the same quarter of the previous year turned into an operating loss, ordinary loss and quarterly net loss, respectively, while sales also declined sharply. - FY2026WorsenedAnnual report
「The group has recorded an operating loss for 8 consecutive fiscal years and negative operating cash flow for 2 consecutive fiscal years.」
Although net sales increased 26.5% from the previous fiscal year and the operating loss narrowed from ¥125 million to ¥112 million, operating losses continued for 8 consecutive fiscal years and operating cash flow was negative for 2 consecutive fiscal years. In addition, the order backlog fell sharply, down 96.6% from the end of the previous consolidated fiscal year, and recovery of the earnings base has deteriorated. - FY2026-H1WorsenedAnnual report
「Although the Group recorded operating profit of ¥72 million in the current interim consolidated period, it also recorded negative operating cash flow, requiring careful assessment of the status of earnings recovery, and recognizes that events or conditions continue to exist that raise material doubt about the going-concern assumption. To resolve this situation, the Group will work mainly to expand sales of image-processing visual inspection equipment in the Japan segment and 3D solution system products in the U.S. segment. It will also use organizational reform to develop new businesses while maintaining the competitiveness of its existing businesses.」
Although operating profit was positive at ¥72 million, it declined from ¥158 million in the same period of the previous year, and operating cash flow was negative. In addition to sluggish orders for new equipment, the order backlog declined 46.9% year on year, leaving recovery of the business structure unstable. Meanwhile, the company continues to expand sales of image-processing visual inspection equipment and 3D products and to reform its organization. - FY2025AdvancedAnnual report
「For the current consolidated fiscal year, consolidated net sales were ¥1,662 million, up 27.2% from the previous fiscal year, operating loss was ¥125 million, compared with an operating loss of ¥216 million in the previous fiscal year, and ordinary loss was ¥126 million, compared with an ordinary loss of ¥219 million」
Net sales increased 27.2%, and the operating and ordinary losses narrowed. The company continues to expand sales of image-processing visual inspection equipment, develop customers for 3D products, reform its organization and develop products. However, operating losses for 7 consecutive fiscal years and negative operating cash flow remain, and earnings recovery is incomplete. - FY2025-H1AdvancedAnnual report
「Although the Group recorded operating profit of ¥158 million in the current interim consolidated period, it also recorded negative operating cash flow, requiring careful assessment of the status of earnings recovery, and recognizes that events or conditions continue to exist that raise material doubt about the going-concern assumption. To resolve this situation, the Group will work mainly to expand sales of image-processing visual inspection equipment in the Japan segment and 3D solution system products in the U.S. segment. It will also promote strategic product development across its businesses through multiple project teams established in-house.」
For the current interim consolidated period, net sales were ¥1,213 million, operating profit was ¥158 million, ordinary profit was ¥159 million and interim net profit was ¥155 million, returning to profitability from the losses recorded in the same period of the previous year. While continuing sales expansion and cross-business product development, operating cash flow was negative at ¥263 million, and earnings recovery has not been completed. - FY2024WorsenedAnnual report
「The Group has recorded operating losses for 6 consecutive fiscal years, and operating cash flow was negative in the previous consolidated fiscal year. Because fluctuations in performance are unavoidable due to capital investment by specific markets and customers and trends in customer orders, events or conditions that raise material doubt about the going-concern assumption existed at the end of the current consolidated fiscal year. To resolve this situation, the Group will work mainly to expand sales of image-processing visual inspection equipment in the Japan segment and 3D solution system products in the U.S. segment. It will also establish multiple in-house project teams to promote strategic product development across its businesses.」
The company set out sales expansion, orders for value-added projects and product development by cross-business project teams, but the operating loss widened from ¥194 million in the previous fiscal year to ¥216 million, the ordinary loss from ¥179 million to ¥219 million, and the net loss for the year from ¥204 million to ¥273 million. Operating losses continued for 6 consecutive fiscal years, and business restructuring and earnings recovery remain incomplete. - FY2024-Q3WorsenedAnnual report
「As a result, for the third quarter of the current consolidated cumulative period, consolidated net sales were ¥646 million, down 32.5% year on year, operating loss was ¥232 million, compared with an operating loss of ¥161 million in the same quarter of the previous year, ordinary loss was ¥235 million, compared with an ordinary loss of ¥145 million, and net loss attributable to owners of the parent was ¥241 million, compared with a net loss attributable to owners of the parent of ¥138 million.」
Although the company continued to expand sales and promote new businesses, net sales fell 32.5% year on year, the operating loss widened from ¥161 million to ¥232 million, the ordinary loss from ¥145 million to ¥235 million, and the quarterly net loss from ¥138 million to ¥241 million. Earnings recovery deteriorated from the previous quarter. - FY2024-Q2WorsenedAnnual report
「The Group recorded an operating loss and negative operating cash flow in the second quarter of the current consolidated cumulative period, and events or conditions continue to exist that raise material doubt about the going-concern assumption.」
Although the company worked to expand sales of image-processing visual inspection equipment and 3D solution system products, net sales fell 21.4% year on year to ¥451 million, the operating loss widened from ¥107 million to ¥148 million, and the ordinary loss from ¥86 million to ¥151 million. Operating cash flow was also negative at ¥24 million, and recovery of the earnings base deteriorated. - FY2024-Q1WorsenedAnnual report
「Amid this environment, the Group focused on securing orders through a product strategy emphasizing quality and profitability, but sales remained sluggish because it took time for orders to contribute to sales. As a result, for the first quarter of the current consolidated cumulative period, consolidated net sales were ¥202 million, down 45.2% year on year, operating loss was ¥77 million, compared with an operating loss of ¥32 million in the same quarter of the previous year, ordinary loss was ¥77 million, compared with an ordinary loss of ¥17 million, and net loss attributable to owners of the parent was ¥80 million, compared with a net loss attributable to owners of the parent of ¥19 million.」
Although the company worked on a product strategy focused on quality and profitability and securing orders, net sales fell 45.2% year on year and the operating loss widened from ¥32 million to ¥77 million. The ordinary loss and quarterly net loss also widened, and earnings recovery deteriorated. - FY2023WorsenedAnnual report
「The Group has recorded operating losses for 5 consecutive fiscal years, and operating cash flow was negative in the current consolidated fiscal year.」
Although net sales increased 19.7% from the previous fiscal year, the operating loss widened from ¥175 million to ¥194 million and the net loss attributable to owners of the parent from ¥121 million to ¥204 million. The operating loss continued for 5 consecutive fiscal years, and earnings recovery deteriorated. - FY2023-Q3WorsenedAnnual report
「Amid this environment, the Group focused on securing orders through a product strategy emphasizing quality and profitability. As a result, for the third quarter of the current consolidated cumulative period, consolidated net sales were ¥956 million, up 27.9% year on year, operating loss was ¥161 million, compared with an operating loss of ¥110 million in the same quarter of the previous year, and ordinary loss was ¥145 million, compared with an ordinary loss of ¥111 million」
Although the company continued a product strategy focused on quality and profitability and securing orders, net sales increased 27.9%, while the operating loss widened from ¥110 million to ¥161 million and the ordinary loss from ¥111 million to ¥145 million. Earnings recovery in the business foundation has deteriorated. - FY2023-Q2WorsenedAnnual report
「Amid this environment, the Group focused on securing orders through a product strategy emphasizing quality and profitability. As a result, for the second quarter of the current consolidated cumulative period, consolidated net sales were ¥574 million, up 13.7% year on year, operating loss was ¥107 million, compared with an operating loss of ¥84 million in the same quarter of the previous year, and ordinary loss was ¥86 million, unchanged from the same quarter of the previous year. Because the Group recorded an estimated ¥3 million loss related to the dissolution and liquidation of 1 consolidated subsidiary as a loss on liquidation of affiliated companies and an extraordinary loss, net loss attributable to owners of the parent was ¥92 million, compared with a net loss attributable to owners of the parent of ¥29 million.」
Although the company continued a product strategy focused on quality and profitability and securing orders, net sales increased while the operating loss widened from ¥84 million to ¥107 million, and quarterly net loss including the loss on liquidation of affiliated companies widened from ¥29 million to ¥92 million. Recovery of the business foundation has deteriorated. - FY2023-Q1WorsenedAnnual report
「Amid this environment, the Group focused on securing orders through a product strategy emphasizing quality and profitability, but orders stagnated and lower production volume increased cost of sales. As a result, for the first quarter of the current consolidated cumulative period, consolidated net sales were ¥369 million, up 22.8% year on year, operating loss was ¥32 million, compared with an operating loss of ¥8 million in the same quarter of the previous year, ordinary loss was ¥17 million, compared with an ordinary loss of ¥9 million, and net loss attributable to owners of the parent was ¥19 million, compared with a net loss attributable to owners of the parent of ¥11 million.」
Although the company worked on a product strategy focused on quality and profitability and on securing orders, the operating loss widened from ¥8 million to ¥32 million, the ordinary loss from ¥9 million to ¥17 million, and the quarterly net loss from ¥11 million to ¥19 million due to higher cost of sales resulting from stagnant orders and lower production volume. Although net sales increased 22.8%, earnings recovery deteriorated. - FY2022WorsenedAnnual report
「For the current consolidated fiscal year, consolidated net sales were ¥1,017 million, down 5.3% from the previous fiscal year, operating loss was ¥175 million, compared with an operating loss of ¥131 million in the previous fiscal year, and ordinary loss was ¥169 million, compared with an ordinary loss of ¥140 million」
Although the company worked on its product strategy and securing orders, net sales declined 5.3%, and both the operating loss and ordinary loss widened from the previous fiscal year. Recovery of the business foundation has deteriorated. - FY2022-Q3AdvancedAnnual report
「Amid this environment, the Group focused on securing orders through a product strategy emphasizing quality and profitability. As a result, for the third quarter of the current consolidated cumulative period, consolidated net sales were ¥747 million, up 1.7% year on year, operating loss was ¥110 million, compared with an operating loss of ¥130 million in the same quarter of the previous year, and ordinary loss was ¥111 million, compared with an ordinary loss of ¥138 million. Because the Group recorded ¥60 million in debt forgiveness income and other items as extraordinary income, net loss attributable to owners of the parent was ¥53 million, compared with a net loss attributable to owners of the parent of ¥110 million.」
While continuing a product strategy focused on quality and profitability and securing orders, net sales increased 1.7% year on year, the operating loss narrowed from ¥130 million to ¥110 million, the ordinary loss from ¥138 million to ¥111 million, and the quarterly net loss from ¥110 million to ¥53 million. Earnings recovery is incomplete, but measurable improvement was shown in terms of losses. - FY2022-Q2AdvancedAnnual report
「Amid this environment, the Group focused on securing orders through a product strategy emphasizing quality and profitability. As a result, for the second quarter of the current consolidated cumulative period, consolidated net sales were ¥505 million, up 28.4% year on year, operating loss was ¥84 million, compared with an operating loss of ¥166 million in the same quarter of the previous year, and ordinary loss was ¥86 million, compared with an ordinary loss of ¥171 million. Because the Group recorded ¥59 million in debt forgiveness income and other items as extraordinary income, net loss attributable to owners of the parent was ¥29 million, compared with a net loss attributable to owners of the parent of ¥171 million.」
While continuing a product strategy focused on quality and profitability and securing orders, net sales increased 28.4% year on year, the operating loss narrowed from ¥166 million to ¥84 million, the ordinary loss from ¥171 million to ¥86 million, and the quarterly net loss attributable to owners of the parent from ¥171 million to ¥29 million. However, an operating loss remains, and earnings recovery is incomplete. - FY2022-Q1AdvancedAnnual report
「Amid this environment, the Group focused on securing orders through a product strategy emphasizing quality and profitability. As a result, for the first quarter of the current consolidated cumulative period, consolidated net sales were ¥300 million, up 61.3% year on year, operating loss was ¥8 million, compared with an operating loss of ¥70 million in the same quarter of the previous year, ordinary loss was ¥9 million, compared with an ordinary loss of ¥72 million, and net loss attributable to owners of the parent was ¥11 million, compared with a net loss attributable to owners of the parent of ¥73 million.」
While continuing a product strategy focused on quality and profitability and securing orders, net sales increased 61.3% year on year, the operating loss narrowed from ¥70 million to ¥8 million, the ordinary loss from ¥72 million to ¥9 million, and the net loss from ¥73 million to ¥11 million. However, an operating loss remains, and earnings recovery is incomplete. - FY2021WorsenedAnnual report
「The Group has recorded operating losses for 3 consecutive fiscal years, and its order backlog has also declined significantly.」
Operating losses continued for 3 consecutive fiscal years, while net sales fell 42.9% from the previous fiscal year and the operating loss widened from ¥28 million to ¥131 million. Business restructuring continues, but earnings recovery has deteriorated. - FY2021-Q3WorsenedAnnual report
「Amid this environment, the Group focused on securing orders while emphasizing quality and profitability, but sales fell sharply due to weak investment demand caused by COVID-19 and other factors. As a result, for the third quarter of the current consolidated cumulative period, consolidated net sales were ¥735 million, down 52.6% year on year, operating loss was ¥130 million, compared with operating profit of ¥16 million in the same quarter of the previous year, and ordinary loss was ¥138 million, compared with ordinary profit of ¥8 million. Because the Group recorded ¥27 million in patent settlement proceeds and other items as extraordinary income, net loss attributable to owners of the parent was ¥110 million, compared with net profit attributable to owners of the parent of ¥6 million in the same quarter of the previous year.」
Although the company focused on quality and profitability and securing orders, net sales fell 52.6% year on year, and operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all turned into losses from profits in the same period of the previous year. Earnings recovery deteriorated from the improvement phase through the second quarter. - FY2021-Q2WorsenedAnnual report
「Amid this environment, the Group focused on securing orders while emphasizing quality and profitability, but sales fell sharply due to weak investment demand caused by COVID-19 and other factors. As a result, for the second quarter of the current consolidated cumulative period, consolidated net sales were ¥393 million, down 68.4% year on year, operating loss was ¥166 million, compared with operating profit of ¥77 million in the same quarter of the previous year, ordinary loss was ¥171 million, compared with ordinary profit of ¥71 million, and net loss attributable to owners of the parent was ¥171 million, compared with net profit attributable to owners of the parent of ¥69 million.」
Although the company focused on quality and profitability and securing orders, net sales fell 68.4% year on year due to weak investment demand caused by COVID-19 and other factors, and operating profit, ordinary profit and net profit all turned into losses. Earnings recovery deteriorated from the previous quarter. - FY2021-Q1WorsenedAnnual report
「Amid this environment, the Group focused on securing orders while emphasizing quality and profitability, but sales fell sharply due to restrictions on sales activities caused by COVID-19 and weak investment demand. As a result, for the first quarter of the current consolidated cumulative period, consolidated net sales were ¥186 million, down 56.7% year on year, operating loss was ¥70 million, compared with an operating loss of ¥39 million in the same quarter of the previous year, ordinary loss was ¥72 million, compared with an ordinary loss of ¥43 million, and net loss attributable to owners of the parent was ¥73 million, compared with a net loss attributable to owners of the parent of ¥44 million.」
Although the company focused on quality and profitability and securing orders, net sales fell 56.7% year on year due to restrictions on sales activities caused by COVID-19 and weak investment demand. The operating loss, ordinary loss and quarterly net loss all widened from the same period of the previous year, and earnings recovery deteriorated. - FY2020AdvancedAnnual report
「The Group worked to improve profitability through a product strategy focused on quality and profitability. As a result, for the current consolidated fiscal year, consolidated net sales were ¥1,881 million, up 14.9% from the previous fiscal year, operating loss was ¥28 million, compared with an operating loss of ¥742 million in the previous fiscal year, and ordinary loss was ¥38 million, compared with an ordinary loss of ¥632 million」
Under a product strategy focused on quality and profitability, net sales increased 14.9%, while the operating loss narrowed substantially from ¥742 million to ¥28 million and the ordinary loss from ¥632 million to ¥38 million. The filing also states that the company recorded operating losses for 2 consecutive fiscal years, a sharp decline in its order backlog, and an impairment loss on fixed assets of ¥54 million, indicating that earnings recovery is incomplete. - FY2020-Q3AdvancedAnnual report
「Amid this environment, the Group worked to strengthen its business foundation through product development and sales expansion. As a result, for the third quarter of the current consolidated cumulative period, consolidated net sales were ¥1,550 million, up 13.4% year on year, operating profit was ¥16 million, compared with an operating loss of ¥310 million in the same quarter of the previous year, ordinary profit was ¥8 million, compared with an ordinary loss of ¥194 million, and net profit attributable to owners of the parent was ¥6 million, down 93.1% year on year.」
While continuing product development and sales expansion, net sales increased 13.4% year on year, and operating profit improved from a loss of ¥310 million to a profit of ¥16 million, while ordinary profit improved from a loss of ¥194 million to a profit of ¥8 million. Net profit was ¥6 million, down 93.1% year on year, but the company returned to profitability at the operating and ordinary profit levels. - FY2020-Q2AdvancedAnnual report
「Amid this environment, the Group worked to strengthen its business foundation through product development and sales expansion. As a result, for the second quarter of the current consolidated cumulative period, consolidated net sales were ¥1,243 million, up 44.2% year on year, operating profit was ¥77 million, compared with an operating loss of ¥246 million in the same quarter of the previous year, ordinary profit was ¥71 million, compared with an ordinary loss of ¥130 million, and net profit attributable to owners of the parent was ¥69 million, down 56.7% year on year.」
While continuing product development and sales expansion, net sales increased 44.2% year on year, and operating profit improved from a loss of ¥246 million to a profit of ¥77 million, while ordinary profit improved from a loss of ¥130 million to a profit of ¥71 million. Net profit declined 56.7% year on year due to the impact of gains on the sale of fixed assets and other items in the same period of the previous year. - FY2020-Q1AdvancedAnnual report
「Amid this environment, the Group worked to strengthen its business foundation through product development and sales expansion. As a result, for the first quarter of the current consolidated cumulative period, consolidated net sales were ¥430 million, down 4.4% year on year, operating loss was ¥39 million, compared with an operating loss of ¥126 million in the same quarter of the previous year, ordinary loss was ¥43 million, compared with an ordinary loss of ¥130 million, and net loss attributable to owners of the parent was ¥44 million, compared with a net loss attributable to owners of the parent of ¥133 million.」
While continuing to strengthen the business foundation through product development and sales expansion, net sales declined 4.4% year on year, but the operating loss narrowed from ¥126 million to ¥39 million, the ordinary loss from ¥130 million to ¥43 million, and the quarterly net loss from ¥133 million to ¥44 million. Earnings recovery is incomplete, but measurable improvement was shown in terms of losses. - FY2019-Q3WorsenedAnnual report
「Although these difficult conditions are expected to continue for the time being, the Group will continue efforts to secure orders and reduce costs to maintain sales, while actively promoting development of high-output flywheel power-generation equipment in the energy business and early commercialization of the audio business, working to improve earnings power.」
Amid expectations that the difficult order environment will continue, net sales fell 43.6% year on year and operating loss was ¥310 million. In addition to efforts to secure orders and reduce costs, the company has identified development of flywheel power-generation equipment and early commercialization of the audio business as measures to improve earnings power. - FY2019-Q2WorsenedAnnual report
「The Group worked to strengthen its business foundation through product development and sales expansion. Although inquiries for its main product, image-processing visual inspection equipment, remained solid, sales fell sharply due to the impact of the timing of capital investment by major customers. As a result, for the second quarter of the current consolidated cumulative period, consolidated net sales were ¥862 million, down 45.2% year on year, and operating loss was ¥246 million, compared with operating profit of ¥68 million in the same quarter of the previous year.」
The company has set out strengthening the business foundation through product development and sales expansion, but net sales fell 45.2% year on year due to the impact of the timing of capital investment by major customers, resulting in a shift from operating profit to an operating loss. Quarterly net profit attributable to owners of the parent was ¥161 million, due to temporary income including gains on the sale of IP addresses and a factory. - FY2019-Q1WorsenedAnnual report
「Amid this environment, the Group worked to strengthen its business foundation through product development and sales expansion. As a result, for the first quarter of the current consolidated cumulative period, consolidated net sales were ¥450 million, up 17.5% year on year, operating loss was ¥126 million, compared with an operating loss of ¥106 million in the same quarter of the previous year, ordinary loss was ¥130 million, compared with an ordinary loss of ¥109 million, and net loss attributable to owners of the parent was ¥133 million, compared with a net loss attributable to owners of the parent of ¥112 million.」
The company set out strengthening the business foundation through product development and sales expansion. Although net sales increased 17.5% year on year, the operating loss, ordinary loss and quarterly net loss all widened from the same period of the previous year. In this filing, the previous expression, business restructuring, has been simplified to product development and sales expansion. - FY2018AdvancedAnnual report
「Amid this environment, the Group continued efforts to reform its business structure and develop new businesses and products, working to strengthen its business foundation. For the current consolidated fiscal year, consolidated net sales were ¥3,263 million, up 19.5% from the previous fiscal year, operating profit was ¥195 million, up 649.9%, and ordinary profit was ¥183 million, compared with ordinary profit of ¥12 million in the previous fiscal year. In addition, because the Group recorded a ¥31 million loss on liquidation of affiliated companies as an extraordinary loss following the dissolution of 2 unconsolidated subsidiaries, net profit attributable to owners of the parent was ¥122 million, compared with ¥0.9 million in the previous fiscal year.」
While continuing business restructuring and new business and product development, net sales, operating profit, ordinary profit and net profit exceeded the previous year, indicating measurable progress in recovering the business foundation. - FY2018-Q3AdvancedAnnual report
「The Group has continued efforts to reform its business structure and develop new businesses and products, working to strengthen its business foundation. As a result, for the third quarter of the current consolidated cumulative period, consolidated net sales were ¥2,425 million, up 35.0% year on year, operating profit was ¥136 million, compared with an operating loss of ¥44 million in the same quarter of the previous year, and ordinary profit was ¥128 million, compared with an ordinary loss of ¥54 million. In addition, because the Group recorded a ¥31 million loss on liquidation of affiliated companies as an extraordinary loss following the dissolution of 2 unconsolidated subsidiaries, net profit attributable to owners of the parent was ¥80 million, compared with a net loss attributable to owners of the parent of ¥60 million in the same quarter of the previous year.」
While continuing business restructuring and new business and product development, net sales increased 35.0% year on year, and operating profit of ¥136 million, ordinary profit of ¥128 million and quarterly net profit attributable to owners of the parent of ¥80 million were recorded, returning to profitability from the losses recorded in the same period of the previous year. - FY2018-Q2AdvancedAnnual report
「The Group has continued efforts to reform its business structure and develop new businesses and products, working to strengthen its business foundation. As a result, for the second quarter of the current consolidated cumulative period, consolidated net sales were ¥1,574 million, up 18.0% year on year, operating profit was ¥68 million, up 100.3%, ordinary profit was ¥63 million, up 161.8%, and net profit attributable to owners of the parent was ¥51 million, up 161.2%.」
While continuing business restructuring and new business and product development, net sales, operating profit, ordinary profit and quarterly net profit all exceeded the previous year. Operating profit, ordinary profit and net profit were all positive, indicating measurable progress in recovering the business foundation. - FY2018-Q1WorsenedAnnual report
「The Group has continued efforts to reform its business structure and develop new businesses and products, working to strengthen its business foundation. Inquiries and orders have been progressing steadily and are expected to contribute to sales from the second quarter onward. As a result, for the first quarter of the current consolidated cumulative period, consolidated net sales were ¥383 million, down 53.8% year on year, operating loss was ¥106 million, compared with operating profit of ¥75 million in the same quarter of the previous year, ordinary loss was ¥109 million, compared with ordinary profit of ¥68 million, and net loss attributable to owners of the parent was ¥112 million, compared with net profit attributable to owners of the parent of ¥60 million.」
Business restructuring and new business and product development continued, and inquiries and orders remained steady, with sales expected to benefit from the second quarter onward. However, sales fell 53.8% year on year in the quarter, and earnings recovery deteriorated, including a shift from operating profit in the previous year to an operating loss. - FY2017-Q3AdvancedAnnual report
「The Group has promoted efforts to reform its business structure and develop new businesses and products, working to strengthen its business foundation. As a result, for the third quarter of the current consolidated cumulative period, consolidated net sales were ¥1,796 million, down 8.7% year on year, operating loss was ¥44 million, compared with an operating loss of ¥90 million in the same quarter of the previous year, ordinary loss was ¥54 million, compared with an ordinary loss of ¥106 million, and net loss attributable to owners of the parent was ¥60 million, compared with a net loss attributable to owners of the parent of ¥119 million.」
While promoting business restructuring and new business development, net sales declined year on year, but the operating loss, ordinary loss and quarterly net loss all narrowed from the same period of the previous year. The company remained loss-making for the first three quarters, and no completion of earnings recovery has been stated. - FY2017-Q2AdvancedAnnual report
「The Group has continued efforts to reform its business structure and develop new businesses and products, working to strengthen its business foundation. As a result, for the second quarter of the current consolidated cumulative period, consolidated net sales were ¥1,334 million, down 7.8% year on year, operating profit was ¥34 million, compared with an operating loss of ¥66 million in the same quarter of the previous year, ordinary profit was ¥24 million, compared with an ordinary loss of ¥73 million, and net profit attributable to owners of the parent was ¥19 million, compared with a net loss attributable to owners of the parent of ¥83 million.」
While continuing business restructuring and new business development, the company returned to profitability from the operating loss, ordinary loss and net loss recorded in the same period of the previous year, posting operating profit of ¥34 million, ordinary profit of ¥24 million and net profit of ¥19 million. Operating cash flow was also positive at ¥74 million. On the other hand, net sales declined 7.8% year on year, and material uncertainty regarding the going-concern assumption continues to be recognized. - FY2017-Q1AdvancedAnnual report
「The Group has continued efforts to reform its business structure and develop new businesses and products, working to strengthen its business foundation. As a result, for the first quarter of the current consolidated cumulative period, consolidated net sales were ¥829 million, up 20.3% year on year, operating profit was ¥75 million, compared with an operating loss of ¥12 million in the same quarter of the previous year, ordinary profit was ¥68 million, compared with an ordinary loss of ¥16 million, and net profit attributable to owners of the parent was ¥60 million, compared with a net loss attributable to owners of the parent of ¥24 million.」
While continuing business restructuring and new business development, net sales increased 20.3% year on year, and operating profit, ordinary profit and quarterly net profit returned to the black. However, material uncertainty regarding the going-concern assumption continues to be recognized. - FY2016First statedAnnual report
「Through these measures, we will work to transform the business structure at an early stage and enhance business value, strengthen the business foundation by restoring profitability, developing products and expanding sales, and resolve and improve the situation.」
The company has set out earnings recovery through business restructuring, new product development, sales expansion, asset reduction and fixed-cost reviews.