Further Growth and Achievement of Revenue and Profit Growth
First written in FY2016. 18 of 45 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-10-15.
- FY2026AdvancedAnnual report
「As a result, despite difficulties in acquiring new customers in the women's segment, steady repeat sales to both men and women and higher sales of ready-made products for women resulted in sales of ¥44,600 million for the current consolidated fiscal year, up 2.9% year on year. Higher sales and other factors resulted in operating profit of ¥3,219 million, up 47.6%, and ordinary profit of ¥3,451 million, up 53.4%.」
Full-year sales rose 2.9%, operating profit rose 47.6%, ordinary profit rose 53.4% and profit attributable to owners of the parent rose 131.0%, indicating progress toward higher revenue and profit. - FY2026-H1AdvancedAnnual report
「As a result, sales for the first six months of the current consolidated fiscal year were ¥21,485 million, up 1.7% year on year, reflecting higher repeat sales. Although selling, general and administrative expenses increased, higher sales and other factors resulted in operating profit of ¥1,382 million, up 20.5%; ordinary profit of ¥1,464 million, up 33.7%; and interim net profit attributable to owners of the parent of ¥848 million, up 36.5%.」
In the first half of FY2026, sales rose 1.7% year on year, operating profit rose 20.5%, ordinary profit rose 33.7% and interim net profit rose 36.5%, driven by higher repeat sales and other factors, marking a shift from lower revenue and profit in the first half of the previous fiscal year to higher revenue and profit. - FY2025Higher full-year revenue but lower profit, missing the planAnnual report
「As a result, sales for the current consolidated fiscal year were ¥43,340 million, up 1.1% year on year. However, despite higher sales, increases in the cost of sales and selling, general and administrative expenses due to foreign-exchange effects, higher personnel expenses and rising prices resulted in operating profit of ¥2,181 million, down 17.8%; ordinary profit of ¥2,249 million, down 17.4%; and profit attributable to owners of the parent of ¥821 million, down 43.8%.」
In FY2025, sales rose 1.1%, while operating profit, ordinary profit and net profit declined due to higher costs from foreign-exchange effects, personnel expenses and rising prices, resulting in higher revenue but lower profit. - FY2025-H1First-half revenue and profit declineAnnual report
「Against this backdrop, the company entered the second year of its medium-term management plan, the Art Nature Advance Plan. It has pursued business activities to make Art Nature a company that opens the way to the next generation by taking on various challenges, expanding performance and its share of the hair-care industry by leveraging the strengths of the group, and acquiring and expanding businesses in new areas. However, in addition to difficulties in acquiring new customers, the positive impact on sales from the recovery in product delivery delays caused by COVID-19 had run its course by the first quarter of the previous fiscal year. As a result, sales for the first six months of the current consolidated fiscal year were ¥21,131 million, down 0.7% year on year. In addition, the slight decline in sales and increases in cost of sales and selling, general and administrative expenses resulted in operating profit of ¥1,146 million, down 40.1%; ordinary profit of ¥1,095 million, down 44.2%; and interim net profit attributable to owners of the parent of ¥621 million, down 48.6%.」
While continuing business activities in the second year of the Advance Plan, the company recorded lower revenue and profit in the first half, with sales down 0.7% and operating profit down 40.1%, due to difficulties in acquiring new customers and higher costs. - FY2024Full-year Revenue and Profit DeclineAnnual report
「As a result, sales for the current consolidated fiscal year were ¥42,850 million, down 0.8% year on year. In addition to the decline in sales, higher cost of sales and selling, general and administrative expenses resulted in operating profit of ¥2,654 million, down 25.7%; ordinary profit of ¥2,724 million, down 22.9%; and profit attributable to owners of the parent of ¥1,462 million, down 22.0%.」
In FY2024, sales fell 0.8% year on year, operating profit fell 25.7%, ordinary profit fell 22.9% and profit attributable to owners of the parent fell 22.0%, resulting in lower revenue and profit for the full year. - FY2024-Q3Revenue and Profit DeclineAnnual report
「As a result, sales for the first nine months of the current consolidated fiscal year were ¥31,913 million, down 1.3% year on year. In addition to the decline in sales, higher cost of sales and selling, general and administrative expenses resulted in operating profit of ¥2,652 million, down 20.6%; ordinary profit of ¥2,713 million, down 17.2%; and profit attributable to owners of the parent of ¥2,002 million, down 0.7%.」
For the first nine months, sales, operating profit, ordinary profit and profit attributable to owners of the parent were below the year-earlier levels, resulting in lower revenue and profit. - FY2024-Q2Revenue and Profit DeclineAnnual report
「As a result, sales for the first six months of the current consolidated fiscal year were ¥21,270 million, down 0.1% year on year. In addition to the slight decline in sales, higher cost of sales and selling, general and administrative expenses resulted in operating profit of ¥1,914 million, down 19.3%; ordinary profit of ¥1,963 million, down 17.3%; and profit attributable to owners of the parent of ¥1,208 million, down 17.4%.」
After higher revenue and profit in the year-earlier period, the first six months resulted in a 0.1% decline in sales and lower operating profit, ordinary profit and profit attributable to owners of the parent, resulting in lower revenue and profit. - FY2024-Q1Higher revenue, lower profitAnnual report
「As a result, sales for the first quarter of the current consolidated fiscal year were ¥10,607 million, up 1.8% year on year. Although sales increased, higher cost of sales and selling, general and administrative expenses resulted in operating profit of ¥1,083 million, down 11.6%; ordinary profit of ¥1,106 million, down 12.2%; and profit attributable to owners of the parent of ¥692 million, down 12.4%.」
While sales rose 1.8% year on year, operating profit, ordinary profit and profit attributable to owners of the parent all declined, resulting in higher revenue but lower profit. - FY2023-Q3AdvancedAnnual report
「As a result, sales for the first nine months of the current consolidated fiscal year were ¥32,337 million, up 7.5% year on year. Operating profit was ¥3,338 million, up 20.0%; ordinary profit was ¥3,275 million, up 18.8%; and profit attributable to owners of the parent was ¥2,017 million, up 20.5%, reflecting higher sales.」
For the first nine months, sales, operating profit, ordinary profit and profit attributable to owners of the parent exceeded the year-earlier levels, and measurable progress toward higher revenue and profit continued. - FY2023-Q2AdvancedAnnual report
「As a result, sales for the first six months of the current consolidated fiscal year were ¥21,288 million, up 10.1% year on year. Operating profit was ¥2,372 million, up 51.9%; ordinary profit was ¥2,374 million, up 59.2%; and profit attributable to owners of the parent was ¥1,463 million, up 70.7%, reflecting higher sales.」
For the first six months, sales rose 10.1% year on year, operating profit rose 51.9%, ordinary profit rose 59.2% and profit attributable to owners of the parent rose 70.7%, demonstrating measurable progress toward higher revenue and profit. - FY2023-Q1AdvancedAnnual report
「As a result, sales for the first quarter of the current consolidated fiscal year were ¥10,414 million, up 9.5% year on year. Operating profit was ¥1,225 million, up 35.5%; ordinary profit was ¥1,260 million, up 49.7%; and profit attributable to owners of the parent was ¥790 million, up 61.8%, reflecting higher sales.」
For the first quarter, sales rose 9.5% year on year, operating profit rose 35.5%, ordinary profit rose 49.7% and profit attributable to owners of the parent rose 61.8%, demonstrating measurable progress toward higher revenue and profit. - FY2022AdvancedAnnual report
「As a result, sales for the current consolidated fiscal year were ¥40,437 million, up 12.7% year on year. Operating profit was ¥3,020 million, up 56.3%; ordinary profit was ¥3,038 million, up 51.5%; and profit attributable to owners of the parent was ¥1,204 million, up 43.3%, reflecting higher sales.」
For the fiscal year ended March 2022, sales, operating profit, ordinary profit and profit attributable to owners of the parent exceeded the year-earlier levels, demonstrating measurable full-year progress toward higher revenue and profit. - FY2022-Q3AdvancedAnnual report
「As a result, sales for the first nine months of the current consolidated fiscal year were ¥30,075 million, up 18.5% year on year. Operating profit was ¥2,782 million, up 151.3%; ordinary profit was ¥2,757 million, up 117.8%; and profit attributable to owners of the parent was ¥1,674 million, up 151.0%, reflecting higher sales.」
For the first nine months, sales rose 18.5% year on year, operating profit rose 151.3%, ordinary profit rose 117.8% and profit attributable to owners of the parent rose 151.0%, demonstrating measurable progress toward higher revenue and profit. - FY2022-Q2AdvancedAnnual report
「As a result, sales for the first six months of the current consolidated fiscal year were ¥19,329 million, up 30.7% year on year. Operating profit was ¥1,561 million, compared with an operating loss of ¥592 million in the year-earlier period; ordinary profit was ¥1,492 million, compared with an ordinary loss of ¥431 million; and profit attributable to owners of the parent was ¥857 million, compared with a loss attributable to owners of the parent of ¥446 million.」
For the first six months, sales rose 30.7% year on year, while operating profit, ordinary profit and profit attributable to owners of the parent turned profitable from losses in the year-earlier period. The company demonstrated measurable progress toward higher revenue and profit. - FY2022-Q1AdvancedAnnual report
「As a result, sales for the first quarter of the current consolidated fiscal year were ¥9,513 million, up 75.7% year on year. Operating profit was ¥904 million, compared with an operating loss of ¥1,971 million in the year-earlier quarter; ordinary profit was ¥842 million, compared with an ordinary loss of ¥1,963 million; and profit attributable to owners of the parent was ¥488 million, compared with a loss attributable to owners of the parent of ¥1,439 million.」
From a sharp decline in revenue and losses in the year-earlier quarter, sales rose 75.7% in the first quarter, and operating profit, ordinary profit and profit attributable to owners of the parent returned to profitability. The company demonstrated measurable quarterly progress toward higher revenue and profit. - FY2021Lower revenue and profit for the full year, outlook for higher revenue and profit in the next fiscal yearAnnual report
「For the next fiscal year, the company forecasts consolidated sales of ¥40,363 million, up 12.5% from the current consolidated fiscal year; operating profit of ¥2,023 million, up 4.7%; ordinary profit of ¥2,088 million, up 4.1%; and profit attributable to owners of the parent of ¥1,045 million, up 24.3%.」
The fiscal year ended March 2021 resulted in lower revenue and profit, with sales of ¥35,868 million, operating profit of ¥1,932 million, ordinary profit of ¥2,005 million and profit attributable to owners of the parent of ¥840 million. For the fiscal year ending March 2022, the company presented an outlook for higher revenue and profit. - FY2021-Q3Cumulative lower revenue and profit, with recovery in the third quarterAnnual report
「Performance was significantly affected through the first six months by the temporary suspension of production facilities in the Philippines and closure of some domestic stores due to the spread of COVID-19. In the third quarter, however, the impact was beginning to ease, and sales and profit both exceeded the year-earlier quarter. As a result, sales for the first nine months of the current consolidated fiscal year were ¥25,387 million, down 12.6% year on year. Although the company restrained selling expenses, including advertising expenses, and reduced other administrative expenses, it could not offset the decline in sales through the first six months. Operating profit was ¥1,106 million, down 52.1%; ordinary profit was ¥1,266 million, down 46.5%; and profit attributable to owners of the parent was ¥667 million, down 54.0%.」
The impact of COVID-19 was beginning to ease in the third quarter, and sales and profit exceeded the year-earlier quarter. However, for the first nine months, sales, operating profit, ordinary profit and profit attributable to owners of the parent were below the year-earlier levels, and recovery toward the full-year target of higher revenue and profit remained incomplete. - FY2021-Q2Continued lower revenue, lower profit and losses due to COVID-19Annual report
「However, the temporary suspension of production facilities in the Philippines and closure of some domestic stores due to the spread of COVID-19 resulted in sales of ¥14,793 million for the first six months of the current consolidated fiscal year, down 26.5% year on year. Although the company restrained selling expenses, including advertising expenses, and reduced other administrative expenses, it could not offset the sharp decline in sales. Operating loss was ¥592 million, compared with operating profit of ¥2,907 million in the year-earlier period; ordinary loss was ¥431 million, compared with ordinary profit of ¥2,941 million; and loss attributable to owners of the parent was ¥446 million, compared with profit attributable to owners of the parent of ¥1,925 million.」
The impact of COVID-19 continued through the first six months, with sales down 26.5% year on year and operating loss, ordinary loss and a loss attributable to owners of the parent. Although selling and administrative expenses were restrained, the decline in sales could not be absorbed. - FY2021-Q1Sharp declines in revenue and earnings due to COVID-19Annual report
「However, the temporary suspension of production facilities in the Philippines and closure of some domestic stores due to the spread of COVID-19 resulted in sales of ¥5,414 million for the first quarter of the current consolidated fiscal year, down 37.0% year on year. Although the company restrained selling expenses, including advertising expenses, and reduced other administrative expenses, it could not offset the sharp decline in sales. Operating loss was ¥1,971 million, compared with operating profit of ¥365 million in the year-earlier quarter; ordinary loss was ¥1,963 million, compared with ordinary profit of ¥371 million; and loss attributable to owners of the parent was ¥1,439 million, compared with profit attributable to owners of the parent of ¥207 million.」
The suspension of factories and closure of stores due to COVID-19 caused sales to fall 37.0% year on year, resulting in operating loss, ordinary loss and a loss attributable to owners of the parent. - FY2020Higher revenue, lower profitAnnual report
「As a result, sales for the current consolidated fiscal year were ¥39,484 million, up 3.9% year on year, reflecting strong sales of new products and the acquisition as a subsidiary of a company that sells ready-made wigs for women. Although sales increased, the company actively invested management resources to enter new business areas. Operating profit was ¥2,919 million, down 9.5%; ordinary profit was ¥3,006 million, down 9.1%; and profit attributable to owners of the parent was ¥1,542 million, down 17.3%.」
While sales rose 3.9% year on year, operating profit, ordinary profit and profit attributable to owners of the parent declined due to active investment of management resources in new business areas, resulting in higher revenue but lower profit. - FY2020-Q3AdvancedAnnual report
「As a result, sales for the cumulative period of the current consolidated fiscal year were ¥29,049 million, up 5.8% year on year, reflecting strong sales of new products and the acquisition as a subsidiary of a company that sells ready-made wigs for women. Although sales increased, the company actively invested management resources to enter new business areas. Operating profit was ¥2,309 million, up 1.9%; ordinary profit was ¥2,368 million, up 1.8%; and profit attributable to owners of the parent was ¥1,449 million, up 1.9%.」
Sales, operating profit, ordinary profit and net profit exceeded the year-earlier levels, supported by strong sales of new products and the acquisition of a ready-made products company for women as a subsidiary. - FY2020-Q2AdvancedAnnual report
「As a result, sales for the cumulative period of the current consolidated fiscal year were ¥20,126 million, up 12.3% year on year, reflecting strong sales of new products and the impact of rush demand ahead of the consumption-tax increase. Operating profit was ¥2,907 million, up 105.0%; ordinary profit was ¥2,941 million, up 97.6%; and profit attributable to owners of the parent was ¥1,925 million, up 109.1%, reflecting higher sales.」
For the first six months, sales rose 12.3% year on year, operating profit rose 105.0%, ordinary profit rose 97.6% and profit attributable to owners of the parent rose 109.1%, marking a shift from higher revenue but lower profit in the previous quarter to higher revenue and profit. - FY2020-Q1Higher revenue, lower profitAnnual report
「As a result, sales for the cumulative period of the current consolidated fiscal year were ¥8,598 million, up 1.2% year on year. However, as selling, general and administrative expenses exceeded the year-earlier level, operating profit was ¥365 million, down 30.0%; ordinary profit was ¥371 million, down 34.2%; and profit attributable to owners of the parent was ¥207 million, down 43.4%.」
While sales rose 1.2% year on year, operating profit, ordinary profit and profit attributable to owners of the parent declined due to higher selling, general and administrative expenses. - FY2019AchievedAnnual report
「As a result, sales for the current consolidated fiscal year were ¥37,985 million, up 2.0% year on year. Operating profit was ¥3,227 million, up 25.1%; ordinary profit was ¥3,308 million, up 22.2%; and profit attributable to owners of the parent was ¥1,864 million, up 107.8%, resulting in higher revenue and profit.」
For the fiscal year ended March 2019, sales and each profit measure exceeded the year-earlier levels, and the company itself described the result as higher revenue and profit. Sustained growth over the long term remains an ongoing challenge. - FY2019-Q3AdvancedAnnual report
「As a result, sales for the first nine months of the current consolidated fiscal year were ¥27,469 million, up 1.2% year on year. Operating profit was ¥2,266 million, up 22.0%; ordinary profit was ¥2,325 million, up 17.0%; and profit attributable to owners of the parent was ¥1,421 million, up 67.6%, reflecting higher sales and more efficient use of expenses.」
For the first nine months, sales rose 1.2% year on year, operating profit rose 22.0%, ordinary profit rose 17.0% and profit attributable to owners of the parent rose 67.6%. Measurable progress toward higher revenue and profit continued. - FY2019-Q2AdvancedAnnual report
「As a result, sales for the first six months of the current consolidated fiscal year were ¥17,927 million, up 0.6% year on year. Operating profit was ¥1,418 million, up 35.6%; ordinary profit was ¥1,489 million, up 32.9%; and profit attributable to owners of the parent was ¥920 million, up 137.8%, reflecting higher sales and more efficient use of expenses.」
For the first six months, sales rose 0.6% year on year, operating profit rose 35.6%, ordinary profit rose 32.9% and profit attributable to owners of the parent rose 137.8%. The company demonstrated measurable progress toward higher revenue and profit. - FY2019-Q1AdvancedAnnual report
「As a result, sales for the first quarter of the current consolidated fiscal year were ¥8,496 million, up 3.1% year on year. Operating profit was ¥521 million, compared with an operating loss of ¥9 million in the year-earlier quarter; ordinary profit was ¥564 million, compared with ordinary profit of ¥16 million in the year-earlier quarter; and profit attributable to owners of the parent was ¥367 million, compared with a loss attributable to owners of the parent of ¥74 million in the year-earlier quarter, reflecting higher sales and more efficient use of expenses.」
From lower revenue, an operating loss and a net loss in the year-earlier quarter, sales rose 3.1% and operating profit, ordinary profit and profit attributable to owners of the parent returned to profitability. The company reported measurable quarterly progress toward higher revenue and profit. - FY2018RestatedAnnual report
「Although the fiscal year ended March 2018 ended with lower revenue and profit, going forward we will work as one company on various initiatives to acquire new customers and retain existing customers, with the aim of restoring a trend of higher revenue and profit and achieving sustained growth over the long term.」
Although the current fiscal year resulted in lower revenue and profit, the company reaffirmed its policy of targeting a recovery in the trend toward higher revenue and profit by acquiring new customers and retaining existing customers. - FY2018-Q3RestatedAnnual report
「Against this backdrop, as the company celebrated its 50th anniversary, it formulated a new medium-term management plan, the Art Nature REBORN Plan, to achieve further growth, and implemented various initiatives across the company based on four priorities: customer satisfaction, organizational innovation, human-resource development and employee satisfaction. The company entered the current consolidated fiscal year with a plan for lower revenue and profit aimed at laying the foundation for a recovery in performance. As a result, sales for the first nine months of the current consolidated fiscal year were ¥27,153 million, down 5.3% year on year, mainly due to lower sales to men. Although expenses, mainly sales-related costs, were used sparingly, the decline in sales could not be fully offset. Operating profit was ¥1,857 million, down 17.4%; ordinary profit was ¥1,987 million, down 16.9%; and profit attributable to owners of the parent was ¥848 million, down 43.8%.」
The company continues to pursue the REBORN Plan, its four priorities and the laying of a foundation for performance recovery. The first nine months resulted in lower revenue and profit. - FY2018-Q2RestatedAnnual report
「Against this backdrop, as the company celebrated its 50th anniversary, it formulated a new medium-term management plan, the Art Nature REBORN Plan, to achieve further growth, and implemented various initiatives across the company based on four priorities: customer satisfaction, organizational innovation, human-resource development and employee satisfaction. The company entered the current consolidated fiscal year with a plan for lower revenue and profit aimed at laying the foundation for a recovery in performance. As a result, sales for the first six months of the current consolidated fiscal year were ¥17,822 million, down 4.7% year on year, mainly due to lower sales to men.」
The company continues to pursue the REBORN Plan and its four priorities, while prioritizing the laying of a foundation for performance recovery through a plan for lower revenue and profit in the current fiscal year. Sales for the first six months fell 4.7% year on year. - FY2018-Q1SoftenedAnnual report
「Against this backdrop, as the company celebrated its 50th anniversary, it formulated a new medium-term management plan, the Art Nature REBORN Plan, to achieve further growth, and implemented various initiatives across the company based on four priorities: customer satisfaction, organizational innovation, human-resource development and employee satisfaction. The company entered the current consolidated fiscal year with a plan for lower revenue and profit aimed at laying the foundation for a recovery in performance. As a result, sales for the first quarter of the current consolidated fiscal year were ¥8,243 million, down 5.6% year on year, mainly due to lower sales to men. Although expenses, mainly sales-related costs, were used sparingly, the decline in sales could not be fully offset. Operating loss was ¥9 million, compared with operating profit of ¥321 million in the year-earlier quarter; ordinary profit was ¥16 million, down 91.3%; and loss attributable to owners of the parent was ¥74 million, compared with profit attributable to owners of the parent of ¥156 million in the year-earlier quarter.」
Although the company is targeting further growth, it planned for lower revenue and profit in the current consolidated fiscal year, prioritizing the laying of a foundation for performance recovery. The first quarter resulted in an operating loss and a net loss. - FY2017RaisedAnnual report
「By steadily implementing initiatives based on the four priorities across the company, we will achieve consolidated sales of ¥40,932 million, an ordinary profit margin on sales of 6.8% and ROE of 6.5% three years from now, in the fiscal year ending March 2020.」
The company raised its previous policy of higher revenue and profit to specific three-year targets for consolidated sales, profit margin and ROE. It plans sales of ¥37,271 million for the fiscal year ending March 2018. - FY2017-Q3RestatedAnnual report
「Against this backdrop, to restore a trend of higher revenue and profit, we implemented various initiatives based on five pillars: establishing a strong sales structure that combines high customer satisfaction with efficiency; establishing a global production structure that delivers high quality, short lead times and low costs; establishing a robust earnings structure by fostering a profit-oriented mindset and improving productivity; developing strong human resources willing to take on transformation and establishing a rewarding workplace culture; and establishing a sound management structure that meets society's expectations and earns its trust. These initiatives included launching new products, promoting customer retention by strengthening the technical, customer-service and product-proposal capabilities of sales staff, and strengthening the sales structure of Julia Oje, which sells ready-made products for women. However, in addition to the continuing stagnation in personal consumption, intensifying competition with other companies resulted in sales of ¥28,667 million for the first nine months of the current consolidated fiscal year, down 5.5% year on year. Although expenses, mainly sales-related costs, were reduced, the decline in sales and rise in the cost-of-sales ratio could not be fully offset. Operating profit was ¥2,248 million, down 15.1%; ordinary profit was ¥2,391 million, down 13.2%; and profit attributable to owners of the parent was ¥1,510 million, up 0.0%.」
The company continues to target a recovery in the trend toward higher revenue and profit, along with its five pillars and specific initiatives. For the first nine months, sales, operating profit and ordinary profit were below the year-earlier levels, while profit attributable to owners of the parent was up 0.0% year on year. - FY2017-Q2RestatedAnnual report
「Against this backdrop, to restore a trend of higher revenue and profit, we implemented various initiatives based on five pillars: establishing a strong sales structure that combines high customer satisfaction with efficiency; establishing a global production structure that delivers high quality, short lead times and low costs; establishing a robust earnings structure by fostering a profit-oriented mindset and improving productivity; developing strong human resources willing to take on transformation and establishing a rewarding workplace culture; and establishing a sound management structure that meets society's expectations and earns its trust. These initiatives included launching new products, promoting customer retention by strengthening the technical, customer-service and product-proposal capabilities of sales staff, and strengthening the sales structure of Julia Oje, which sells ready-made products for women. However, in addition to the impact of stagnant personal consumption, intensifying competition with other companies resulted in sales of ¥18,711 million for the first six months of the current consolidated fiscal year, down 5.7% year on year. Although expenses, mainly sales-related costs, were reduced, the decline in sales and increase in the cost of sales could not be fully offset. Operating profit was ¥1,129 million, down 33.8%; ordinary profit was ¥1,004 million, down 43.5%; and profit attributable to owners of the parent was ¥629 million, down 34.5%.」
While the company continued to target a recovery in the trend toward higher revenue and profit and maintained its five pillars, sales and each profit measure for the cumulative period were below the year-earlier levels. - FY2017-Q1RestatedAnnual report
「Against this backdrop, to restore a trend of higher revenue and profit, we implemented various initiatives based on five pillars, including the launch of new products and strengthening the technical, customer-service and product-proposal capabilities of sales staff: establishing a strong sales structure that combines high customer satisfaction with efficiency; establishing a global production structure that delivers high quality, short lead times and low costs; and establishing a robust earnings structure by fostering a profit-oriented mindset and improving productivity. However, in addition to the impact of stagnant personal consumption, intensifying competition with other companies resulted in sales of ¥8,733 million for the first quarter of the current consolidated cumulative period, down 9.1% year on year.」
While the company reaffirmed its goal and initiatives for restoring a trend of higher revenue and profit, quarterly sales fell 9.1% year on year. - FY2016First statedAnnual report
「Against this backdrop, although the fiscal year ended March 2016 ended with lower revenue and lower profit, we will work as one company to strengthen our current sales foundation with the aim of achieving higher revenue and profit, while pursuing various initiatives to deliver sustained growth over the long term.」
Despite lower revenue and profit, the company has set continued growth and higher revenue and profit as its goals going forward.