Komori
Olympus (7733) · FactDiscontinued-operations loss eliminated

Narrowing loss in the video business

First written in FY2016. 2 of 22 entries say "Worsened", first in FY2017-Q1. Latest entry: FY2022-Q3.

22entries
7years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2017-Q3 – FY2022-Q32016: 320162017: 420172018: 420182019: 420192020: 420202021: 220212022: 1
Same theme, other companies
Elimination of losses through the imaging business divestitureA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2022-Q3Discontinued-operations loss eliminatedAnnual report

    「In addition to the factors described above, the previous fiscal year included a loss from discontinued operations, resulting in an increase of ¥86,043 million year on year to ¥87,667 million.」

    Following the transfer of the Imaging business, no loss from discontinued operations was incurred during the cumulative third quarter, eliminating the ¥52,287 million loss from discontinued operations recognized in the same period of the previous year.
  2. FY2021Full-year discontinued operations results updatedAnnual report

    「Current-period loss from discontinued operations」

    Following the transfer of the Imaging business, the full-year FY2021 loss from discontinued operations was ¥52,681 million.
  3. FY2021-Q3First-half discontinued-business results updatedAnnual report

    「Other expenses for the cumulative third quarter include a ¥44,656 million loss related to the transfer of the Imaging business, comprising a ¥28,136 million provision for costs to be borne under the transfer agreement, ¥14,910 million for inventories and ¥1,610 million for property, plant and equipment and other assets.」

    The Imaging business was treated as a discontinued operation, and a ¥44,656 million loss related to the transfer was recognized. The quarterly loss from discontinued operations was ¥52,287 million.
  4. FY2021-Q2First-half discontinued-business results updatedAnnual report

    「The quarterly profit or loss attributable to owners of the parent, comprising continuing and discontinued operations, was a loss of ¥2,270 million, reflecting the decline in operating profit and the recognition of approximately ¥47,000 million in losses associated with entering into the agreement to transfer the Imaging business and related business restructuring costs.」

    The Imaging business was classified as a discontinued operation, and the recognition of approximately ¥47,000 million in losses related to the transfer agreement and other items resulted in a loss attributable to owners of the parent for the first half.
  5. FY2021-Q1Record quarterly loss expansion updatedAnnual report

    「The imaging business recorded consolidated revenue of ¥6,024 million, down 40.9% year on year, and an operating loss of ¥2,746 million, compared with an operating loss of ¥2,341 million in the same period of the previous year.」

    For the Imaging business in FY2021-Q1, revenue fell 40.9% and the operating loss widened to ¥2,746 million.
  6. FY2020Updated full-year narrowing of operating lossAnnual report

    「Consolidated revenue in the Imaging business was ¥4,361.5 million, down 10.4% from the previous fiscal year, and the operating loss was ¥10,393 million, compared with an operating loss of ¥18,268 million in the previous fiscal year.」

    Although the Imaging business continued to post lower full-year revenue, its operating loss narrowed from ¥18,268 million in the previous fiscal year to ¥10,393 million.
  7. FY2020-Q3Third-Quarter Results UpdateAnnual report

    「Consolidated revenue in the Imaging business was ¥3,474.7 million, down 9.4% year on year, and the operating loss was ¥7,377 million, compared with an operating loss of ¥13,129 million in the same period of the previous year.」

    Updated the FY2020-Q3 nine-month results for the Imaging business, which showed lower revenue and a narrower operating loss.
  8. FY2020-Q2Updated first-half narrowing of operating lossAnnual report

    「Consolidated revenue in the Imaging business was ¥2,130.2 million, down 17.0% year on year, and the operating loss was ¥5,697 million, compared with an operating loss of ¥9,226 million in the same period of the previous year. The operating loss in the Imaging business narrowed because one-time costs associated with the reorganisation of production sites had been recorded in the same period of the previous year.」

    While the Imaging business continued to report lower revenue, its operating loss narrowed because the one-time costs associated with the reorganisation of production sites in the same period of the previous year were no longer incurred.
  9. FY2020-Q1Updated quarterly narrowing of operating lossAnnual report

    「Consolidated revenue in the Imaging business was ¥1,018.9 million, down 26.7% year on year, and the operating loss was ¥2,341 million, compared with an operating loss of ¥5,785 million in the same period of the previous year. The operating loss in the Imaging business narrowed because one-time costs associated with the reorganisation of production sites had been recorded in the same period of the previous year.」

    While the Imaging business continued to report lower revenue, its operating loss narrowed because the one-time costs for the reorganisation of production sites recorded in the same period of the previous year were no longer incurred.
  10. FY2019Updated full-year widening of operating lossAnnual report

    「The imaging business recorded consolidated revenue of ¥48,679 million, down 19.3% from the previous fiscal year, and an operating loss of ¥18,268 million, compared with an operating loss of ¥1,200 million in the previous year.」

    Updated the FY2019 full-year results for the Imaging business, which showed lower revenue and a widening operating loss.
  11. FY2019-Q3Third-Quarter Results UpdateAnnual report

    「Consolidated revenue in the Imaging business was ¥3,833.8 million, down 19.0% year on year, and the operating loss was ¥13,129 million, compared with operating income of ¥1,493 million in the same period of the previous year.」

    Updated the FY2019-Q3 results for the Imaging business, which showed lower revenue and a swing from an operating profit in the same period of the previous year to an operating loss.
  12. FY2019-Q2Updated first-half swing to a lossAnnual report

    「Consolidated revenue in the Imaging business was ¥2,567.8 million, down 16.0% year on year, and the operating loss was ¥9,226 million, compared with operating income of ¥1,618 million in the same period of the previous year.」

    Updated the FY2019-Q2 results for the Imaging business, which showed lower revenue and a swing from an operating profit in the same period of the previous year to an operating loss.
  13. FY2019-Q1Updated quarterly swing to a lossAnnual report

    「The imaging business recorded consolidated revenue of ¥13,891 million, down 8.2% year on year, and an operating loss of ¥5,785 million, compared with operating income of ¥886 million in the same period of the previous year.」

    Updated the FY2019-Q1 results for the Imaging business, which showed lower revenue and a swing from an operating profit in the same period of the previous year to an operating loss.
  14. FY2018Updated full-year swing to a lossAnnual report

    「Consolidated revenue in the Imaging business was ¥6,029.8 million, down 4.0% from the previous fiscal year, and the operating loss was ¥1,200 million, compared with operating income of ¥153 million in the previous year.」

    The Imaging business reported lower full-year revenue and swung from operating income in the previous year to an operating loss.
  15. FY2018-Q3Third-Quarter Results UpdateAnnual report

    「Consolidated revenue in the Imaging business was ¥4,731.3 million, up 1.1% year on year, and operating income was ¥1,493 million, up 76.9%.」

    Updated the nine-month results for the Imaging business, which showed higher revenue and operating income.
  16. FY2018-Q2Updated first-half swing to operating profitabilityAnnual report

    「The imaging business recorded consolidated revenue of ¥30,569 million, up 7.2% year on year, and operating income of ¥1,618 million, compared with an operating loss of ¥1,352 million in the same period of the previous year.」

    Updated the first-half results showing that the Imaging business's operating results changed from an operating loss in the same period of the previous year to operating income.
  17. FY2018-Q1Updated quarterly swing to operating profitabilityAnnual report

    「Consolidated revenue in the Imaging business was ¥1,513.1 million, down 0.9% year on year, and operating income was ¥886 million, compared with an operating loss of ¥285 million in the same period of the previous year.」

    The Imaging business swung from an operating loss in the same period of the previous year to operating income in the first quarter.
  18. FY2017Updated full-year swing to operating profitabilityAnnual report

    「Consolidated revenue in the Imaging business was ¥6,557.4 million, down 16.2% from the previous fiscal year, and operating income was ¥498 million, compared with an operating loss of ¥2,064 million in the previous year.」

    Following the nine-month period, the Imaging business also reported operating income for the full year.
  19. FY2017-Q3Return to operating profitAnnual report

    「For the nine months ended the third quarter, revenue in the Imaging business was ¥4,880.2 million, down 21.3% year on year, and operating income was ¥747 million, up 654.5%.」

    The Imaging business, which had posted an operating loss for the previous nine-month period, posted operating income for the nine months ended the third quarter.
  20. FY2017-Q2WorsenedAnnual report

    「For the six months ended the second quarter, revenue in the Imaging business was ¥2,978.9 million, down 28.2% year on year, and the operating loss was ¥1,439 million, compared with operating income of ¥20 million in the same period of the previous year.」

    The Imaging business swung from an operating profit in the same period of the previous year to an operating loss, while revenue also fell 28.2%.
  21. FY2017-Q1WorsenedAnnual report

    「Consolidated revenue in the Imaging business was ¥1,603.9 million, down 25.5% year on year, and the operating loss was ¥218 million, compared with operating income of ¥1,085 million in the same period of the previous year.」

    The Imaging business swung from an operating profit in the same period of the previous year to an operating loss, while revenue also fell 25.5%.
  22. FY2016First statedAnnual report

    「The operating loss in the Imaging business narrowed, mainly because the business reduced its costs.」

    While the Imaging business remained in the red, its loss narrowed as a result of cost reductions.
Moved together

"Risks from Emerging-Market Slowdown, Yen Appreciation and Falling Resource Prices" moved the same way as this thread, in the same document, in 2 of its 22 moves.

222★123
  1. ★This thread
  2. 1Risks from Emerging-Market Slowdown, Yen Appreciation and Falling Resource Prices2×
  3. 2Improving Profitability in the Science Business2×
  4. 3Risk of Rapid Contraction in the Digital Camera Market2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Olympus yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Narrowing loss in the video business | OLYMPUS CORPORATION (7733) | Komori