Higher revenue, but lower profits due to increased amortization and personnel expenses
First written in FY2018-Q3. . Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Performance disclosure for the first year of consolidated reportingAnnual report
「As a result, for the current consolidated fiscal year, revenue was ¥16,777.186 million, operating profit was ¥764.484 million, ordinary profit was ¥843.148 million and net profit attributable to owners of the parent was ¥497.851 million.」
For the first fiscal year with an overseas subsidiary included in consolidation, consolidated revenue of ¥16,777.186 million, operating profit of ¥764.484 million, ordinary profit of ¥843.148 million and net profit attributable to owners of the parent of ¥497.851 million were disclosed. - FY2026-H1Interim results disclosure after transition to consolidated accountingAnnual report
「As a result, for the current interim consolidated accounting period, revenue was ¥8,371.972 million, operating profit was ¥559.483 million, ordinary profit was ¥584.799 million and interim net profit attributable to owners of the parent was ¥395.169 million.」
For the first interim consolidated accounting period after an overseas subsidiary was included in the scope of consolidation, revenue, operating profit, ordinary profit and interim net profit attributable to owners of the parent were disclosed. No comparative analysis was conducted against the previous interim consolidated accounting period. - FY2025Change to higher revenue and lower earningsAnnual report
「As a result, compared with the previous fiscal year, revenue for the current fiscal year was ¥16,502.743 million, up 0.8% year on year; operating profit was ¥1,610.468 million, down 2.8%; ordinary profit was ¥1,585.846 million, down 0.9%; and net profit was ¥1,091.923 million, down 1.1%.」
Following the previous fiscal year’s declines in revenue and profit, revenue increased 0.8% in the current fiscal year, while operating profit, ordinary profit and net profit all declined. - FY2025-H1Continued decline in revenue and profit in the interim periodAnnual report
「For the interim accounting period, net sales were ¥6,754.907 million, down 8.4% year on year, operating profit was ¥226.598 million, down 51.4% year on year, ordinary profit was ¥210.305 million, down 51.1% year on year, and interim net profit was ¥138.757 million, down 52.6% year on year.」
Against the backdrop of the concentration of product releases in the second half of the fiscal year and declining sales volumes, both revenue and profit continued to decline in the interim period. - FY2024Reversal to lower revenue and profit for the full fiscal yearAnnual report
「In addition to the factors behind the decline in revenue described above, higher product procurement costs resulting from the weaker yen, higher raw-material costs amid high inflation and other factors led to revenue of ¥16,379.234 million for the current fiscal year, down 9.5% year on year; operating profit of ¥1,656.429 million, down 36.6%; ordinary profit of ¥1,600.144 million, down 37.1%; and net profit of ¥1,103.775 million, down 37.2%.」
Reversing the increases in revenue and profit through the previous fiscal year, revenue, operating profit, ordinary profit and net profit all declined. - FY2024-Q3Continued decline in revenue and profit, with wider deterioration in performanceAnnual report
「Revenue for the nine months ended 31 December was ¥10,629.542 million, down 20.2% year on year; operating profit was ¥714.430 million, down 63.6%; ordinary profit was ¥672.013 million, down 64.8%; and net profit for the quarter was ¥459.752 million, down 65.2%.」
The decline in revenue and profit that had continued through the previous quarter continued through the nine months ended 31 December, with revenue down 20.2%, operating profit down 63.6%, ordinary profit down 64.8% and net profit for the quarter down 65.2%. - FY2024-Q2Continued lower sales and lower profitAnnual report
「Revenue for the six months ended 30 September was ¥7,376.647 million, down 24.9% year on year; operating profit was ¥466.178 million, down 72.5%; ordinary profit was ¥430.454 million, down 73.5%; and net profit for the quarter was ¥293.043 million, down 73.9%.」
The decline in revenue and profit continued through the six months ended 30 September, mainly due to the concentration of product releases in the second half of the fiscal year and higher product procurement costs amid high inflation. - FY2024-Q1Shift to lower revenue and lower earningsAnnual report
「However, compared with the previous fiscal year, the timing of product releases was concentrated in the second half of the current fiscal year, while product procurement costs increased mainly due to higher raw material costs amid high inflation. As a result, net sales for the cumulative first quarter amounted to ¥3,472.592 million, down 27.2% year on year; operating income was ¥127.626 million, down 86.2%; ordinary income was ¥124.760 million, down 85.7%; and quarterly net income was ¥81.330 million, down 86.5%.」
Reversing the previous year’s first-quarter increases in revenue and profit, revenue, operating profit, ordinary profit and net profit for the quarter declined. The concentration of product releases in the second half of the fiscal year and higher procurement costs are cited as the main factors. - FY2023Continued higher revenue and profit, with slower profit growthAnnual report
「As a result, net sales for the fiscal year amounted to ¥18,099.716 million, up 26.6% year on year; operating income was ¥2,614.338 million, up 11.9%; ordinary income was ¥2,545.544 million, up 9.1%; and net income was ¥1,757.654 million, up 8.4%.」
Revenue, operating profit, ordinary profit and net profit all increased, and revenue and profit continued to rise, although the rate of profit growth was below the rate of revenue growth. - FY2023-Q3Continued higher revenue and profit, with slower profit growthAnnual report
「As a result, net sales for the cumulative third quarter amounted to ¥13,321.770 million, up 26.8% year on year; operating income was ¥1,962.601 million, up 3.8%; ordinary income was ¥1,911.665 million, up 1.7%; and quarterly net income was ¥1,320.171 million, up 1.0%.」
Revenue, operating profit, ordinary profit and net profit for the quarter all exceeded the year-earlier levels, and revenue and profit continued to increase, although the rate of profit growth was below the rate of revenue growth. - FY2023-Q2Continued substantial growth in revenue and operating profitAnnual report
「As a result, net sales for the cumulative second quarter amounted to ¥9,824.953 million, up 36.5% year on year; operating income was ¥1,695.165 million, up 27.1%; ordinary income was ¥1,623.992 million, up 24.0%; and quarterly net income was ¥1,121.985 million, up 22.8%.」
The increases in revenue and profit that began in the previous fiscal year continued through the six months ended 30 September, with revenue, operating profit, ordinary profit and net profit for the quarter all above the year-earlier levels. - FY2023-Q1Continued substantial growth in revenue and operating profitAnnual report
「As a result, net sales for the cumulative first quarter amounted to ¥4,771.661 million, up 39.7% year on year; operating income was ¥926.820 million, up 48.2%; ordinary income was ¥869.868 million, up 40.1%; and quarterly net income was ¥600.772 million, up 39.2%.」
The increases in revenue and profit that began in the previous fiscal year continued in the first quarter, with revenue, operating profit, ordinary profit and net profit for the quarter all above the year-earlier levels. - FY2022Substantial full-year revenue and profit growthAnnual report
「Revenue for the current fiscal year was ¥14,292.351 million, up 49.8% year on year; operating profit was ¥2,337.195 million, up 136.7%; ordinary profit was ¥2,332.388 million, up 135.8%; and net profit was ¥1,621.161 million, up 138.4%.」
The increases in revenue and profit that began in the previous fiscal year accelerated for the full fiscal year, with revenue, operating profit, ordinary profit and net profit all increasing substantially. - FY2022-Q3Continued substantial growth in revenue and operating profitAnnual report
「As a result, net sales for the cumulative third quarter amounted to ¥10,508.157 million, up 54.5% year on year; operating income was ¥1,891.088 million, up 146.1%; ordinary income was ¥1,879.426 million, up 140.3%; and quarterly net income was ¥1,307.714 million, up 143.1%.」
The increases in revenue and profit that began in the previous fiscal year continued through the nine months ended 31 December, with revenue, operating profit, ordinary profit and net profit for the quarter all increasing substantially. - FY2022-Q2Continued substantial growth in revenue and operating profitAnnual report
「As a result, net sales for the cumulative second quarter amounted to ¥7,199.299 million, up 71.3% year on year; operating income was ¥1,333.573 million, up 237.2%; ordinary income was ¥1,310.051 million, up 230.2%; and quarterly net income was ¥913.998 million, up 236.5%.」
Following the first quarter, revenue and profit increased substantially, with revenue, operating profit, ordinary profit and net profit for the quarter all well above the year-earlier levels. - FY2022-Q1Continued substantial growth in revenue and operating profitAnnual report
「As a result, net sales for the cumulative first quarter amounted to ¥3,415.980 million, up 84.2% year on year; operating income was ¥625.454 million, up 666.5%; ordinary income was ¥620.968 million, up 594.4%; and quarterly net income was ¥431.651 million, up 621.1%.」
The reversal to higher revenue and profit that began in the previous fiscal year continued, with revenue, operating profit, ordinary profit and net profit for the quarter all increasing substantially year on year. - FY2021Turnaround to substantially higher revenue and earningsAnnual report
「As a result, net sales for the fiscal year were ¥9,543.737 million, up 29.4% year on year; operating income was ¥987.271 million, up 332.2%; ordinary income was ¥989.056 million, up 327.4%; and net income was ¥679.907 million, up 801.9%.」
Reversing the previous fiscal year’s declines in revenue and profit, revenue, operating profit, ordinary profit and net profit all increased year on year. - FY2021-Q3Expansion of higher revenue and profitAnnual report
「As a result, during the third quarter cumulative period, net sales were ¥6,802.192 million, up 35.3% year on year; operating income was ¥768.439 million, compared with an operating loss of ¥97.871 million in the same quarter of the previous year; ordinary income was ¥782.135 million, compared with an operating loss of ¥119.924 million; and quarterly net income was ¥537.877 million, compared with a quarterly net loss of ¥98.894 million.」
The trend of higher revenue and profit in the six months ended 30 September progressed further, with revenue up 35.3% year on year and operating profit, ordinary profit and net profit for the quarter all positive. - FY2021-Q2Continued higher revenue and profitAnnual report
「As a result, performance for the six months ended 30 September, supported by the active implementation of the initiatives described above, comprised revenue of ¥4,202.166 million, up 18.1% year on year; operating profit of ¥395.456 million, compared with an operating loss of ¥51.542 million in the year-earlier period; ordinary profit of ¥396.692 million, compared with an ordinary loss of ¥72.076 million; and net profit for the quarter of ¥271.617 million, compared with a net loss for the quarter of ¥52.116 million.」
Following the first quarter, revenue increased 18.1% year on year, reversing the previous period’s decline in revenue and losses, and operating profit, ordinary profit and net profit for the quarter were all positive. - FY2021-Q1Shift from lower revenue and losses to higher revenue and profitAnnual report
「As a result, during the first quarter cumulative period, the company actively pursued the initiatives described above. Net sales were ¥1,854.358 million, up 15.8% year on year; operating income was ¥81.602 million, compared with an operating loss of ¥97.793 million in the same quarter of the previous year; ordinary income was ¥89.422 million, compared with an ordinary loss of ¥105.517 million; and quarterly net income was ¥59.859 million, compared with a quarterly net loss of ¥76.450 million.」
Revenue increased 15.8% year on year, compared with the previous year’s decline in revenue, operating loss, ordinary loss and net loss, and operating profit, ordinary profit and net profit for the quarter all turned positive. - FY2020Full-year decline in revenue and profit confirmed, with net profit downAnnual report
「As a result, net sales for the fiscal year were ¥7,374.415 million, down 11.1% year on year; operating income was ¥228.451 million, down 16.1%; ordinary income was ¥231.434 million, down 5.4%; and net income was ¥75.390 million, down 45.2%, partly due to the recording of ¥109.740 million in impairment loss as an extraordinary loss.」
The decline in revenue and profit that had continued at the quarterly stage was also confirmed for the full fiscal year, while the addition of extraordinary losses resulted in a 45.2% decline in net profit. - FY2020-Q3Decline in revenue and widening losses due to the impact of COVID-19Annual report
「As a result, during the third quarter cumulative period, the company actively pursued the initiatives described above, and figure sales performed steadily. However, the spread of COVID-19 disrupted production as planned and affected production and shipments. In addition, temporary store closures and a substantial decline in customer traffic due to requests to refrain from going out resulted in net sales of ¥5,027.584 million, down 12.5% year on year; operating loss of ¥97.871 million, compared with operating income of ¥25.881 million in the same quarter of the previous year; ordinary loss of ¥119.924 million, compared with ordinary income of ¥4.142 million; and quarterly net loss of ¥98.894 million, compared with a quarterly net loss of ¥3.269 million.」
The decline in revenue and losses continued through the nine months ended 31 December, with production and shipping delays, store closures and a decline in customer visits due to COVID-19 emerging as specific factors behind the deterioration in performance. - FY2020-Q2Continued decline in revenue and losses, with losses wideningAnnual report
「As a result, during the second quarter cumulative period, the company actively pursued the initiatives described above, and figure sales performed steadily, but model kit sales struggled to grow. Net sales were ¥3,557.830 million, down 13.9% year on year; operating loss was ¥51.542 million, compared with operating income of ¥78.371 million in the same quarter of the previous year; ordinary loss was ¥72.076 million, compared with ordinary income of ¥54.813 million; and quarterly net loss was ¥52.116 million, compared with quarterly net income of ¥33.466 million.」
Revenue declined and the company remained loss-making for a second consecutive quarter, with operating profit, ordinary profit and net profit in the year-earlier period turning into an operating loss, ordinary loss and net loss, respectively. - FY2020-Q1Continued decline in revenue and losses, with losses narrowingAnnual report
「As a result, during the first quarter cumulative period, the company actively pursued the initiatives described above for its proprietary IP products, and figure sales performed steadily, but model kit sales struggled to grow. Net sales were ¥1,600.860 million, down 6.8% year on year; operating loss was ¥97.793 million, compared with an operating loss of ¥112.075 million in the same quarter of the previous year; ordinary loss was ¥105.517 million, compared with an ordinary loss of ¥121.303 million; and quarterly net loss was ¥76.450 million, compared with a quarterly net loss of ¥87.346 million.」
Although revenue declined and losses continued year on year, the operating loss, ordinary loss and net loss were all smaller than in the year-earlier period. - FY2019Full-Year Revenue and Profit DeclineAnnual report
「Although the company actively pursued the proprietary IP initiatives described above, net sales for the fiscal year were ¥8,294.627 million, down 5.9% year on year; operating income was ¥272.177 million, down 60.0%; ordinary income was ¥244.573 million, down 60.3%; and net income was ¥137.558 million, down 67.2%.」
The decline in revenue and profit seen at the quarterly stage continued through the full fiscal year, with revenue, operating profit, ordinary profit and net profit all below the previous year’s levels. - FY2019-Q3Lower revenue, sharp decline in operating profit and net loss for the quarterAnnual report
「As a result, despite actively pursuing the initiatives described above for the company's proprietary IP products, sales did not reach the level of sales of products related to the anime series "Frame Arms Girl" in the same quarter of the previous year. Net sales were ¥5,743.100 million, down 12.7% year on year; operating income was ¥25.881 million, down 94.6%; ordinary income was ¥4.142 million, down 99.0%; and quarterly net loss was ¥3.269 million, compared with quarterly net income of ¥291.566 million in the same quarter of the previous year.」
The decline in revenue and sharp drop in profit during the six months ended 30 September progressed further, with cumulative operating profit down 94.6%, ordinary profit down 99.0% and a net loss for the quarter. - FY2019-Q2Continued decline in revenue and sharp drop in profitAnnual report
「As a result, despite actively pursuing the initiatives described above for the company's proprietary IP products, sales did not reach the level of sales of products related to the anime series "Frame Arms Girl" in the same quarter of the previous year. Net sales were ¥4,130.227 million, down 12.2% year on year; operating income was ¥78.371 million, down 80.6%; ordinary income was ¥54.813 million, down 84.6%; and quarterly net income was ¥33.466 million, down 86.2%.」
Revenue declined 12.2% year on year and operating profit declined 80.6%. The decline in revenue and sharp drop in profit that followed the previous full fiscal year’s increases in revenue and profit continued through the six months ended 30 September. - FY2019-Q1Shift from higher revenue and profit to lower revenue and lossesAnnual report
「As a result, despite actively pursuing the initiatives described above for the company's proprietary IP products, sales did not reach the level of sales of products related to the anime series "Frame Arms Girl" in the same quarter of the previous year. Net sales were ¥1,718.167 million, down 28.3% year on year; operating loss was ¥112.075 million, compared with operating income of ¥202.071 million in the same quarter of the previous year; ordinary loss was ¥121.303 million, compared with ordinary income of ¥172.530 million; and quarterly net loss was ¥87.346 million, compared with quarterly net income of ¥119.111 million.」
A sharp reversal from higher revenue and profit in the previous full fiscal year, with revenue declining in the current quarter and operating profit, ordinary profit and net profit for the quarter all turning into losses. - FY2018Turnaround to revenue and profit growthAnnual report
「As a result, revenue for the current fiscal year was ¥8,811.714 million, up 10.0% year on year; operating profit was ¥680.391 million, up 43.9%; ordinary profit was ¥615.676 million, up 41.3%; and net profit was ¥419.887 million, up 67.1%.」
Following the previous quarter’s increase in revenue but decline in profit, revenue, operating profit, ordinary profit and net profit all increased year on year for the full fiscal year. - FY2018-Q3First statedAnnual report
「For the nine months ended 31 December of the current fiscal year, revenue increased year on year as a result of the initiatives described above. However, profit declined year on year due to higher amortization expenses related to the anime “Frame Arms Girl,” higher depreciation of molds for new products, higher personnel expenses resulting from an increase in headcount and other factors. As a result, revenue was ¥6,575.658 million, up 10.9% year on year; operating profit was ¥477.901 million, down 21.5%; ordinary profit was ¥428.195 million, down 25.7%; and net profit for the quarter was ¥291.566 million, down 25.5%.」
The disclosure states that, while revenue increased, operating profit, ordinary profit and net profit declined year on year due to higher amortization expenses related to the anime and new products, as well as higher personnel expenses resulting from the increase in headcount.