Cost improvement, securing high profitability and emphasizing the operating margin
First written in FY2017. 18 of 34 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
- FY2026AdvancedAnnual report
「The operating margin was 1.7%, compared with 1.5% in the previous fiscal year.」
The operating margin improved from 1.5% in the previous fiscal year to 1.7%. Operating income also increased from ¥55.452 million to ¥94.908 million, and profitability continued to improve. - FY2026-H1AdvancedAnnual report
「Operating income ¥73.648 million (up 187.2% year on year)」
Operating income for the current interim consolidated fiscal period was ¥73.648 million, up 187.2% year on year. Profitability improved as a result of securing the gross margin, growth in domestic sales and gains from market-value adjustments in the re-refining of bullion. - FY2025AdvancedAnnual report
「The Company achieved profitability at every level of profit during the current consolidated fiscal year, and continued progress was made in improving its earnings structure.」
In FY2025, operating income was ¥55.452 million, ordinary income was ¥23.891 million, and net income attributable to owners of the parent was ¥22.093 million, bringing all profit measures into positive territory. The operating margin was also 1.5%. - FY2025-H1AdvancedAnnual report
「The Company achieved profitability at every level of profit for the current interim consolidated fiscal period.」
Operating income was ¥25.640 million, compared with an operating loss of ¥41.410 million in the same period of the previous year; ordinary income was ¥21.857 million; and interim net income attributable to owners of the parent was ¥17.251 million, bringing all profit measures into positive territory. - FY2024AdvancedAnnual report
「As a result, the operating loss for the current consolidated fiscal year was ¥16.477 million, compared with an operating loss of ¥203.777 million in the previous consolidated fiscal year, and the operating margin was negative 0.48%, compared with negative 6.8% in the previous fiscal year.」
Operating loss narrowed from ¥203.777 million to ¥16.477 million, and the operating margin improved from negative 6.8% to negative 0.48%. However, the operating deficit continued. - FY2024-Q3AdvancedAnnual report
「The gross margin improved 5.8 percentage points year on year to 34.9% as the proportion of high-margin overseas sales increased. The selling, general and administrative expense ratio also improved by 1.8 percentage points from the same period of the previous year to 34.6%.」
The increase in the proportion of high-margin overseas sales improved the gross margin by 5.8 percentage points to 34.9%, while the selling, general and administrative expense ratio also improved by 1.8 percentage points to 34.6%. In addition, all profit measures for the cumulative period returned to profitability. - FY2024-Q2AdvancedAnnual report
「The gross margin improved 4.2 percentage points year on year to 33.6% as the proportion of high-margin overseas sales increased. The selling, general and administrative expense ratio also improved by 0.5 percentage points from the same period of the previous year to 36.1%.」
The increase in the proportion of high-margin overseas sales improved the gross margin by 4.2 percentage points to 33.6%, while the selling, general and administrative expense ratio also improved by 0.5 percentage points to 36.1%. Operating loss also narrowed from ¥108.555 million in the same period of the previous year to ¥41.410 million. - FY2024-Q1AdvancedAnnual report
「As a result of efforts to improve the sales mix and maintain appropriate selling prices, the gross margin improved 3.7 percentage points year on year to 34.8%. As a result of higher sales and efforts to reduce unnecessary expenses, the selling, general and administrative expense ratio declined 1.7 percentage points to 36.0%.」
Improving the sales mix, maintaining appropriate selling prices and reducing unnecessary expenses improved the gross margin by 3.7 percentage points to 34.8% and lowered the selling, general and administrative expense ratio by 1.7 percentage points to 36.0%. - FY2023WorsenedAnnual report
「Although the Company worked to reduce selling, general and administrative expenses to offset the decline in profit caused by lower sales, it was unable to cover the impact of the decrease in gross profit, resulting in an operating loss of ¥203.777 million, compared with operating income of ¥44.344 million in the previous consolidated fiscal year.」
Despite efforts to reduce expenses, the Company swung from operating income to an operating loss of ¥203.777 million, and profitability, as measured by the operating margin, deteriorated. - FY2023-Q3WorsenedAnnual report
「As a result, the Group's net sales for the third quarter of the current cumulative consolidated fiscal period were ¥2,218.712 million, down 2.2% year on year; operating loss was ¥161.510 million, compared with an operating loss of ¥1.327 million; ordinary loss was ¥165.408 million, compared with ordinary income of ¥45.861 million; and net loss attributable to owners of the parent was ¥212.388 million, compared with net income attributable to owners of the parent of ¥179.767 million.」
Net sales fell 2.2% year on year, operating loss widened from ¥1.327 million to ¥161.510 million, and the Company swung from ordinary income and net income attributable to owners of the parent to ordinary loss and net loss attributable to owners of the parent, resulting in deteriorating profitability. - FY2023-Q2WorsenedAnnual report
「As a result, the Group's net sales for the current consolidated fiscal year were ¥1,503.335 million, up 0.3% from the same quarter of the previous year; operating loss was ¥108.555 million, compared with an operating loss of ¥25.863 million; ordinary loss was ¥111.729 million, compared with an ordinary loss of ¥13.413 million; and net loss attributable to owners of the parent was ¥119.601 million, compared with net income attributable to owners of the parent of ¥98.761 million.」
Although net sales edged up year on year, operating loss widened from ¥25.863 million to ¥108.555 million, ordinary loss widened from ¥13.413 million to ¥111.729 million, and the Company swung to net loss attributable to owners of the parent. - FY2023-Q1AdvancedAnnual report
「As a result, the Group's net sales for the first quarter of the current cumulative consolidated fiscal period were ¥753.840 million, up 22.5% year on year; operating loss was ¥49.378 million, compared with an operating loss of ¥66.690 million in the same period of the previous year; ordinary loss was ¥22.639 million, compared with an ordinary loss of ¥53.296 million; and net loss attributable to owners of the parent was ¥28.730 million, compared with net loss attributable to owners of the parent of ¥51.924 million.」
Net sales increased 22.5% year on year, and operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed. Although the Company remained in the red, the improvement in profitability was reflected in the figures. - FY2022AdvancedAnnual report
「In addition, the operating margin, which the Company identifies as an important management metric, increased by 6.3% from the previous consolidated fiscal year to 1.4%.」
The operating margin improved from negative 4.9% in the previous fiscal year to 1.4%, and operating income also swung from a loss of ¥138.020 million to income of ¥44.344 million. - FY2022-Q3AdvancedAnnual report
「As a result, the Group's net sales for the current consolidated fiscal year were ¥2,268.955 million, up 11.6% from the same quarter of the previous year; operating loss was ¥1.327 million, compared with an operating loss of ¥162.865 million; ordinary income was ¥45.861 million, compared with an ordinary loss of ¥150.375 million; and net income attributable to owners of the parent was ¥179.767 million, compared with net loss attributable to owners of the parent of ¥157.483 million.」
Net sales increased 11.6% year on year, and operating loss narrowed substantially from ¥162.865 million to ¥1.327 million. Both ordinary income and net income attributable to owners of the parent returned to profitability, providing clear evidence of improved profitability. - FY2022-Q2AdvancedAnnual report
「As a result of these initiatives, although performance for the second quarter of the current consolidated fiscal year did not reach pre-COVID levels, the Company achieved higher sales than in the same period of the previous year both domestically and overseas, and returned to profitability as overseas sales, which have particularly high profit margins, grew substantially.」
The Company returned to profitability in the second-quarter accounting period. Although cumulative operating loss remained at ¥25.863 million, the deficit narrowed from the operating loss of ¥172.537 million in the same period of the previous year. - FY2022-Q1AdvancedAnnual report
「As a result, the Group's net sales for the current consolidated fiscal year were ¥615.243 million, up 4.8% from the same quarter of the previous year; operating loss was ¥66.690 million, compared with an operating loss of ¥67.527 million in the same quarter of the previous year; ordinary loss was ¥53.296 million, compared with an ordinary loss of ¥57.721 million; and net loss attributable to owners of the parent was ¥51.924 million, compared with net loss attributable to owners of the parent of ¥55.802 million.」
Net sales increased 4.8% year on year, and operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed. However, the operating deficit and other losses continued. - FY2021AdvancedAnnual report
「Net sales were ¥2,811.604 million, up 21.0% year on year, while operating loss was ¥138.020 million, compared with an operating loss of ¥413.928 million in the previous consolidated fiscal year. In addition, the operating margin, which the Company identifies as an important management metric, increased by 12.9% from the previous consolidated fiscal year to negative 4.9%.」
Net sales increased 21.0% year on year, operating loss narrowed from ¥413.928 million to ¥138.020 million, and the operating margin improved from negative 17.8% to negative 4.9%. However, the operating deficit continued. - FY2021-Q3WorsenedAnnual report
「As a result, the Group's net sales for the current consolidated fiscal year were ¥2,032.764 million, up 0.8% from the same quarter of the previous year; operating loss was ¥162.865 million, compared with an operating loss of ¥102.176 million in the same quarter of the previous year; ordinary loss was ¥150.375 million, compared with an ordinary loss of ¥109.177 million; and net loss attributable to owners of the parent was ¥157.483 million, compared with net loss attributable to owners of the parent of ¥78.954 million.」
Although cumulative net sales increased 0.8% year on year, operating loss, ordinary loss and net loss attributable to owners of the parent all widened from the same period of the previous year, and the deterioration in profitability continued. The Company also states that the third-quarter accounting period itself recovered from the first half and returned to profitability. - FY2021-Q2WorsenedAnnual report
「However, gross margin deteriorated significantly as discounted sales reflecting market conditions continued and overseas sales, which have high profit margins, remained sluggish.」
Gross margin deteriorated significantly due to discounted sales and sluggish high-margin overseas sales, resulting in an operating loss of ¥172.537 million and an ordinary loss of ¥167.343 million. - FY2021-Q1WorsenedAnnual report
「As a result, the Group's net sales for the current consolidated fiscal year were ¥587.202 million, down 25.8% from the same quarter of the previous year; operating loss was ¥67.527 million, compared with operating income of ¥47.849 million in the same quarter of the previous year; ordinary loss was ¥57.721 million, compared with ordinary income of ¥45.311 million; and net loss attributable to owners of the parent was ¥55.802 million, compared with net income attributable to owners of the parent of ¥31.536 million.」
Net sales fell 25.8% year on year, and the Company swung from operating income, ordinary income and net income attributable to owners of the parent in the same period of the previous year to operating loss, ordinary loss and net loss attributable to owners of the parent, respectively. - FY2020WorsenedAnnual report
「In addition, the operating margin, which the Company identifies as an important management metric, decreased by 19.6% from the previous consolidated fiscal year to negative 17.8%.」
The operating margin fell from 1.8% in the previous fiscal year to negative 17.8%, resulting in an operating loss of ¥413.928 million. - FY2020-Q3WorsenedAnnual report
「As a result, the Group's net sales for the third quarter of the current cumulative consolidated fiscal period were ¥2,017.601 million, down 24.6% year on year, while operating loss was ¥102.176 million, compared with operating income of ¥135.601 million in the same period of the previous year, and ordinary loss was ¥109.177 million, compared with ordinary income of ¥130.618 million.」
Net sales fell 24.6% year on year, and the Company swung from operating income and ordinary income to operating loss of ¥102.176 million and ordinary loss of ¥109.177 million, respectively, resulting in a significant deterioration in profitability. - FY2020-Q2WorsenedAnnual report
「As a result, the Group's net sales for the second quarter of the current cumulative consolidated fiscal period were ¥1,566.542 million, down 16.7% year on year, while operating income was ¥56.304 million, down 60.7% year on year, following efforts to reduce selling, general and administrative expenses and slow-moving inventory.」
Although the Company worked to reduce selling, general and administrative expenses and slow-moving inventory, net sales fell 16.7% year on year and operating income fell 60.7%, with the deterioration in profitability continuing. - FY2020-Q1WorsenedAnnual report
「As a result, the Group's net sales for the first quarter of the current cumulative consolidated fiscal period were ¥791.554 million, down 19.5% year on year, while operating income was ¥47.849 million, down 53.1% year on year, following efforts to reduce selling, general and administrative expenses and slow-moving inventory.」
Although the Company worked to reduce selling, general and administrative expenses and slow-moving inventory, net sales fell 19.5% year on year and operating income fell 53.1%, with the deterioration in profitability continuing. - FY2019Deterioration in profitabilityAnnual report
「In addition, the operating margin, which the Company identifies as an important management metric, decreased by 4.0% from the previous consolidated fiscal year to 1.8%.」
The operating margin fell 4.0 percentage points from the previous fiscal year to 1.8%, indicating a deterioration in profitability. - FY2019-Q3AdvancedAnnual report
「Operating income was ¥135,601 thousand as a result of efforts to reduce advertising expenses, up 64.7% from the same quarter of the previous year」
Operating income was ¥135,601 thousand, up 64.7% year on year, due to reduced advertising expenses. The company added evidence of improved profitability. - FY2019-Q2AdvancedAnnual report
「Operating income was ¥143,321 thousand as a result of efforts to reduce selling, general and administrative expenses, including by curbing advertising expenses, up 204.6% from the same quarter of the previous year」
Operating income was ¥143,321 thousand, up 204.6% year on year, due to reductions in selling, general and administrative expenses, including by curbing advertising expenses. The company added evidence of improved profitability. - FY2019-Q1AdvancedAnnual report
「Operating income was ¥102,125 thousand as a result of efforts to reduce selling, general and administrative expenses, including by curbing advertising expenses, compared with an operating loss of ¥42,510 thousand in the same quarter of the previous year」
Reductions in selling, general and administrative expenses, including by curbing advertising expenses, turned operating income from a loss in the same period of the previous year into profit of ¥102,125 thousand. - FY2018RaisedAnnual report
「The operating margin for the current consolidated fiscal year was 5.8%, below the target of 6.6% because overseas sales were sluggish. For the following consolidated fiscal year, the company aims to achieve an operating margin of 8.0%」
Operating margin for the current fiscal year was 5.8%, below the 6.6% target, while the target for the following consolidated fiscal year was set at 8.0%. - FY2018-Q3Deterioration in profitabilityAnnual report
「As a result of the decline in the gross profit margin caused by the higher sales mix of relatively low-margin domestic products, in addition to the decline in overseas parts sales, and the increase in advertising expenses for television commercials, operating income was ¥82,316 thousand, down 87.7% year on year」
The gross profit margin fell as the sales mix of low-margin products increased and advertising expenses rose, resulting in a significant decline in operating income. - FY2017First statedAnnual report
「Accordingly, our group positions operating margin as an important management indicator.」
The company treats operating margin as an important indicator and aims to improve costs and secure high profitability, but does not state a specific numerical target.