Improving the Operating Margin
First written in FY2016. 16 of 35 entries say "Worsened", first in FY2019-Q3. Latest entry: 2026-10-09.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「As a result, operating profit increased by ¥48 million from the previous consolidated fiscal year to ¥1.179 billion, and the operating margin increased by 0.5 percentage points to 10.3%.」
The operating margin rose 0.5 percentage points from approximately 9.8% in the previous fiscal year to 10.3%, while operating profit increased 4.3%. - FY2026-H1WorsenedAnnual report
「Although personnel expenses and depreciation increased because of higher investment in human resources to support sustainable business expansion and the start of operations at a new factory building, operating profit remained broadly firm year on year owing to the effects of price revisions, continued productivity improvements, and rigorous cost controls. As a result, revenue for the six months ended 30 September was ¥5,441 million, down 2.0% year on year; operating profit was ¥526 million, down 4.8%; ordinary profit was ¥589 million, down 0.7%; and profit attributable to owners of the parent was ¥382 million, down 5.3%.」
Although the Group pursued price revisions, productivity improvements, and cost controls, operating profit declined 4.8% year on year. The operating margin also fell from approximately 10.0% to approximately 9.7%, indicating a slight deterioration in profitability. - FY2025-H1WorsenedAnnual report
「As a result, for the interim consolidated accounting period, revenue was ¥5.550 billion, down 2.7% year on year; operating profit was ¥553 million, down 15.2%; ordinary profit was ¥592 million, down 20.0%; and interim profit attributable to owners of the parent was ¥404 million, down 21.1%.」
Revenue and operating profit declined year on year, and the operating margin fell. Performance related to improving profitability deteriorated. - FY2024-Q3WorsenedAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, revenue was ¥8.390 billion, down 1.5% year on year; operating profit was ¥888 million, down 21.8%; ordinary profit was ¥998 million, down 22.7%; and profit attributable to owners of the parent was ¥605 million, down 30.6%.」
Revenue declined and operating profit fell 21.8% year on year. The operating margin is calculated to have declined from approximately 13.3% to approximately 10.6%, indicating weaker profitability. - FY2024-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, revenue was ¥5.702 billion, up 0.9% year on year; operating profit was ¥652 million, down 17.4%; ordinary profit was ¥741 million, down 19.0%; and profit attributable to owners of the parent was ¥512 million, down 18.0%.」
Revenue increased, but operating profit declined 17.4% year on year. The operating margin fell from approximately 14.0% to approximately 11.4%, indicating weaker profitability. - FY2024-Q1WorsenedAnnual report
「Amid these conditions, the Group focused on selling high-value-added products and continuously improving productivity. However, the gross margin declined year on year due to changes in the sales mix by product segment, reflecting slowing demand in some overseas regions and an increase in new, highly customised projects with substantial development requirements for new markets and technologies, against a backdrop of persistently high raw material and energy prices. In addition, selling expenses, travel expenses, and research and development expenses increased in pursuit of further business expansion. Consequently, operating profit exceeded the initial budget but declined year on year.」
Revenue increased 6.1% year on year, while operating profit declined 10.7%. The operating margin fell from approximately 13.0% to approximately 11.0%, indicating weaker profitability. - FY2023WorsenedAnnual report
「As a result, operating profit increased by ¥66 million from the previous consolidated fiscal year to ¥1.504 billion, while the operating margin decreased by 0.7 percentage points to 13.2%.」
Although operating profit increased, the operating margin fell 0.7 percentage points from 13.9% in the previous fiscal year to 13.2%. Sales of high-value-added products and productivity improvements progressed, but the margin deteriorated. - FY2023-Q3WorsenedAnnual report
「Overall, revenue increased on generally firm demand. However, operating profit remained broadly flat due to the continued impact of supply constraints for semiconductors and other products, higher raw material and component prices, sharp currency fluctuations, and increased external costs such as material and outsourced processing costs. As a result, for the cumulative third quarter of the current consolidated fiscal year, revenue was ¥8.522 billion, up 12.6% year on year; operating profit was ¥1.136 billion, up 0.6%; ordinary profit was ¥1.291 billion, up 4.6%; and profit attributable to owners of the parent was ¥872 million, down 1.2%.」
Revenue increased 12.6%, while operating profit rose only 0.6%, and the operating margin was calculated to have declined from approximately 14.9% in the same period of the previous year to approximately 13.3%. Increased material and outsourced processing costs and other factors led to deterioration in performance related to improving profitability. - FY2023-Q2WorsenedAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, revenue was ¥5.650 billion, up 13.2% year on year; operating profit was ¥790 million, up 4.7%; ordinary profit was ¥915 million, up 11.0%; and profit attributable to owners of the parent was ¥624 million, up 3.1%.」
Although operating profit increased, revenue grew faster, and the operating margin was calculated to have declined from approximately 15.1% in the same period of the previous year to approximately 14.0%. - FY2023-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter of the current consolidated fiscal year, revenue was ¥2.643 billion, up 11.5% year on year; operating profit was ¥344 million, down 2.0%; ordinary profit was ¥415 million, up 9.3%; and profit attributable to owners of the parent was ¥286 million, up 8.6%.」
Revenue increased, while operating profit declined 2.0%. The operating margin fell from approximately 14.8% in the same period of the previous year to approximately 13.0%, indicating deterioration in performance related to improving profitability. - FY2022AdvancedAnnual report
「As a result, operating profit increased by ¥454 million from the previous fiscal year to ¥1,437 million, while the operating margin increased by 2.6 percentage points to 13.9%.」
The operating margin rose 2.6 percentage points from 11.3% in the previous fiscal year to 13.9%, indicating an improvement in profitability. - FY2022-Q3AdvancedAnnual report
「As a result, for the cumulative third quarter of the current consolidated fiscal year, revenue was ¥7.565 billion, up 18.7% year on year; operating profit was ¥1.130 billion, up 60.8%; ordinary profit was ¥1.234 billion, up 52.9%; and profit attributable to owners of the parent was ¥882 million, up 58.2%.」
Operating profit for the cumulative third quarter increased 60.8% year on year, and the operating margin was calculated to have risen from approximately 11.0% in the same period of the previous year to approximately 14.9%, indicating a further improvement in profitability. - FY2022-Q2AdvancedAnnual report
「As a result, revenue for the six months ended 30 September was ¥4,989 million, up 23.0% year on year; operating profit was ¥754 million, up 98.3%; ordinary profit was ¥824 million, up 84.6%; and profit attributable to owners of the parent was ¥605 million, up 88.8%.」
The operating margin was calculated to have risen from approximately 9.4% in the same period of the previous year to approximately 15.1%, indicating measurable progress in improving the operating margin. - FY2022-Q1AdvancedAnnual report
「As a result, for the cumulative first quarter of the current consolidated fiscal year, revenue was ¥2.371 billion, up 29.9% year on year; operating profit was ¥351 million, up 193.1%; ordinary profit was ¥380 million, up 134.6%; and profit attributable to owners of the parent was ¥263 million, up 124.5%.」
Operating profit rose 193.1% year on year, and the operating margin is calculated to have increased from approximately 6.6% to approximately 14.8%, indicating a significant improvement in profitability. - FY2021AdvancedAnnual report
「As a result, operating profit increased by ¥271 million from the previous consolidated fiscal year to ¥983 million, and the operating margin increased by 2.9 percentage points to 11.2%.」
The operating margin rose 2.9 percentage points from 8.3% in the previous fiscal year to 11.2%, indicating a recovery in profitability. - FY2021-Q3AdvancedAnnual report
「As a result, revenue for the nine months ended 31 December was ¥6,373 million, down 1.4% year on year, while operating profit was ¥703 million, up 19.4%; ordinary profit was ¥807 million, up 19.0%; and profit attributable to owners of the parent was ¥558 million, up 23.0%.」
Although revenue declined, operating profit increased 19.4% year on year. The operating margin is calculated to have risen from approximately 9.1% to approximately 11.0%, indicating measurable progress in improving profitability. - FY2021-Q2Lower revenue and profit, but a slight increase in operating marginAnnual report
「As a result, for the cumulative second quarter of the current consolidated fiscal year, revenue was ¥4.054 billion, down 5.7% year on year; operating profit was ¥380 million, down 4.2%; ordinary profit was ¥446 million, down 1.2%; and profit attributable to owners of the parent was ¥320 million, up 8.5%.」
Revenue and operating profit declined year on year, but the operating margin was calculated to have edged up from approximately 9.25% in the same period of the previous year to approximately 9.39%. - FY2021-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter of the current consolidated fiscal year, revenue was ¥1.826 billion, down 15.7% year on year; operating profit was ¥119 million, down 36.6%; ordinary profit was ¥161 million, down 22.3%; and profit attributable to owners of the parent was ¥117 million, down 12.6%.」
The operating margin is calculated to have declined from approximately 8.7% in the same period of the previous year to approximately 6.6%, indicating weaker performance in improving the operating margin. - FY2020-Q3WorsenedAnnual report
「As a result, revenue for the nine months ended 31 December was ¥6,464 million, down 5.9% year on year; operating profit was ¥588 million, down 41.6%; ordinary profit was ¥678 million, down 39.3%; and profit attributable to owners of the parent was ¥453 million, down 38.2%.」
Revenue and operating profit declined year on year, while the operating margin fell from approximately 14.7% in the same period of the previous year to approximately 9.1%. Performance related to improving the operating margin deteriorated further. - FY2020-Q2WorsenedAnnual report
「As a result, revenue for the six months ended 30 September was ¥4,299 million, down 6.7% year on year; operating profit was ¥397 million, down 44.0%; ordinary profit was ¥452 million, down 43.3%; and profit attributable to owners of the parent was ¥295 million, down 44.4%.」
Revenue fell 6.7% and operating profit fell 44.0%, indicating that profitability deteriorated following the first quarter of FY2020. - FY2020-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter of the current consolidated fiscal year, revenue was ¥2.166 billion, down 3.7% year on year; operating profit was ¥189 million, down 46.4%; ordinary profit was ¥208 million, down 48.1%; and profit attributable to owners of the parent was ¥134 million, down 49.2%.」
The operating margin was approximately 8.7% in the first quarter of the current fiscal year, compared with approximately 15.7% in the same period of the previous year, indicating a substantial decline in profitability. - FY2019WorsenedAnnual report
「As a result, operating profit decreased by ¥309 million from the previous fiscal year to ¥1,123 million, while the operating margin declined by 3.6 percentage points to 12.4%.」
The operating margin fell 3.6 percentage points from 16.0% in the previous fiscal year to 12.4%, indicating weaker profitability. - FY2019-Q3WorsenedAnnual report
「As a result, revenue for the nine months ended 31 December was ¥6,873 million, up 2.5% year on year; operating profit was ¥1,008 million, down 11.2%; ordinary profit was ¥1,117 million, down 8.1%; and profit attributable to owners of the parent was ¥734 million, down 9.9%.」
Revenue increased, while operating profit declined 11.2% year on year, and profitability deteriorated from the trend of higher revenue and operating profit through the previous quarter. - FY2019-Q2Revenue and operating profit increased, but the operating margin declined.Annual report
「As a result, revenue for the six months ended 30 September was ¥4,608 million, up 6.2% year on year; operating profit was ¥710 million, up 2.0%; ordinary profit was ¥797 million, up 4.8%; and profit attributable to owners of the parent was ¥531 million, up 3.8%.」
Revenue and operating profit increased year on year, but revenue growth outpaced operating profit growth, resulting in a calculated decline in the operating margin from approximately 16.0% in the same period of the previous year to approximately 15.4%. - FY2019-Q1RestatedAnnual report
「Amid this business environment, the Group focused on upgrading and integrating its core optical and machining technologies, strengthening sales of high-value-added products such as lens units, strengthening one-stop solution proposals, and improving customer satisfaction through appropriate delivery times, prices, and quality. It also continued efforts to reduce production costs through greater production efficiency and a stronger global supply chain, as well as to reduce overall expenses.」
The Group continued initiatives linked to profitability improvement, including higher value-added products, stronger proposals, more efficient production, supply-chain enhancement, and cost reductions. - FY2018AdvancedAnnual report
「As a result, operating profit increased by ¥520 million from the previous consolidated fiscal year to ¥1.433 billion, and the operating margin increased by 4.4 percentage points to 16.0%.」
The operating margin rose 4.4 percentage points year on year to 16.0%, indicating measurable progress in improving profitability. - FY2018-Q3RestatedAnnual report
「Amid this business environment, the Group focused on upgrading and integrating its core optical and machining technologies, strengthening sales of high-value-added products such as lens units, strengthening one-stop solution proposals, and improving customer satisfaction through appropriate delivery times, prices, and quality. It also continued efforts to reduce production costs through greater production efficiency and a stronger global supply chain, as well as to reduce overall expenses.」
The Group continued to pursue higher value-added products, one-stop proposals, more efficient production, a stronger global supply chain, and cost reductions. - FY2018-Q2RestatedAnnual report
「Amid this business environment, the Group focused on upgrading and integrating its core optical and machining technologies, strengthening sales of high-value-added products such as lens units, strengthening one-stop solution proposals, and improving customer satisfaction through appropriate delivery times, prices, and quality. It also continued efforts to reduce production costs through greater production efficiency and a stronger global supply chain, as well as to reduce overall expenses.」
The Group continues to increase value added, strengthen proposals, improve production efficiency, strengthen the supply chain, and reduce costs, all of which contribute to improving the operating margin. - FY2018-Q1RestatedAnnual report
「Amid this business environment, the Group focused on upgrading and integrating its core optical and machining technologies, strengthening sales of high-value-added products such as lens units, strengthening one-stop solution proposals, and improving customer satisfaction through appropriate delivery times, prices, and quality. It also continued efforts to reduce production costs through greater production efficiency and a stronger global supply chain, as well as to reduce overall expenses.」
The Group continues to increase value added, strengthen proposals, improve production efficiency, and reduce costs, all of which contribute to improving the operating margin. - FY2017-Q3RestatedAnnual report
「Amid this business environment, the Group focused on strengthening product development through the combination and integration of core technologies, including optical design, machining, automatic control, and electrical circuits; promoting sales of high-value-added products offering environmental resistance and high stability; strengthening one-stop solution proposals; and maximising customer satisfaction through appropriate delivery times, prices, and quality. It also continued efforts to reduce production costs and overall expenses.」
The Group continues initiatives linked to improving the operating margin, including product development, increasing value added, strengthening proposals, and reducing costs. - FY2016First statedAnnual report
「The Group positions shorter lead times, cost reductions, and improved and stable quality as key management priorities for improving its operating margin, and is working to strengthen its production and quality control systems and build an organisational structure capable of competing successfully on cost and quality.」
Improving the operating margin is a key management priority, supported by shorter lead times, cost reductions, and stable quality.