Loss-making results amid the continuing impact of the withdrawal from unprofitable businesses
First written in FY2017-Q1. 6 of 39 entries say "Worsened", first in FY2021. Latest entry: FY2027-H1.
Kohsai moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 28 of 87 companies on the "Worse" side.
51 other companies' latest entry also says "Other".
- FY2027-H1Substantial revenue and earnings growth in the interim periodAnnual report
「As a result, revenue for the interim accounting period was ¥3,049 million, up 48.0% year on year; operating profit was ¥443 million, up 330.4%; ordinary profit was ¥439 million, up 360.8%; and interim net profit was ¥303 million, up 414.5%.」
Interim revenue, operating profit, ordinary profit and interim net profit all exceeded the year-earlier period, resulting in substantial increases in revenue and profits. - FY2026Higher annual revenue and profits progressedAnnual report
「As a result, net sales for the fiscal year were ¥4,241 million, up 7.9% year on year, operating income was ¥179 million, up 20.5%, ordinary income was ¥172 million, up 17.1%, and net income was ¥110 million, up 24.8%.」
Revenue, operating profit, ordinary profit and net profit all exceeded the previous fiscal year, resulting in higher revenue and profits. - 2026-03-13MitigatedEarnings
「As a result, net sales for the fiscal year were ¥4,241 million, up 7.9% year on year, operating income was ¥179 million, up 20.5%, ordinary income was ¥172 million, up 17.1%, and net income was ¥110 million, up 24.8%.」
The company recorded higher sales and higher earnings for the fiscal year, following lower sales and lower earnings in the previous fiscal year. - FY2026-H1WorsenedAnnual report
「Total revenue for the interim accounting period was ¥2,061 million, down 0.7% year on year. On the earnings side, operating profit was ¥102 million, down 6.8% year on year; ordinary profit was ¥95 million, down 12.7%; and interim net profit was ¥58 million, down 25.6%, resulting in lower revenue and profits year on year.」
Revenue, operating profit, ordinary profit and interim net profit all declined year on year, resulting in lower revenue and profits. - FY2025Annual revenue and operating and ordinary profit increased, while net profit declinedAnnual report
「As a result of these business activities, performance for the fiscal year was revenue of ¥3,930 million, up 11.5% from the previous fiscal year; operating profit of ¥149 million, up 38.8%; ordinary profit of ¥146 million, up 26.9%; and net profit of ¥88 million, down 3.9%.」
Revenue, operating profit and ordinary profit exceeded the previous fiscal year, while net profit declined 3.9%. - FY2025-H1Substantial revenue and earnings growth in the interim periodAnnual report
「As a result, total revenue for the six-month accounting period was ¥2,075 million, up 25.5% year on year. On the earnings side, operating profit was ¥110 million, up 237.8% year on year; ordinary profit was ¥109 million, up 204.9%; and interim net profit was ¥79 million, up 208.4%.」
During the interim period, revenue, operating profit, ordinary profit and interim net profit all exceeded the year-earlier period, resulting in substantial increases in revenue and profits. - FY2025-Q1Substantial increases in revenue and profits in the first quarterAnnual report
「As a result, performance for the three-month period was revenue of ¥991 million, up 14.4% year on year. On the earnings side, operating profit was ¥63 million, up 317.4% year on year; ordinary profit was ¥64 million, up 312.7%; and quarterly net profit was ¥47 million, up 329.6%.」
Revenue for the three-month period was ¥991 million, up 14.4% year on year, while operating, ordinary and quarterly net profit also increased substantially year on year. - FY2024Substantial annual increases in revenue and profits, with earnings levels recoveringAnnual report
「As a result of these business activities, performance for the fiscal year was revenue of ¥3,525 million, up 5.0% from the previous fiscal year; operating profit of ¥107 million, up 2,710.6%; ordinary profit of ¥115 million, up 247.6%; and net profit of ¥91 million, up 231.5%.」
Revenue increased 5.0%, while operating, ordinary and net profit all substantially exceeded the previous year. - FY2024-Q3Higher revenue and profits progressed through the nine-month periodAnnual report
「As a result, performance for the nine-month period was revenue of ¥2,592 million, up 1.5% year on year. On the earnings side, operating profit was ¥63 million, up 477.4% year on year; ordinary profit was ¥71 million, up 60.1%; and quarterly net profit was ¥53 million, up 181.3%.」
Revenue increased 1.5% year on year, operating profit 477.4%, ordinary profit 60.1% and quarterly net profit 181.3%, indicating higher revenue and profits through the nine-month period. - FY2024-Q2Lower revenue, while operating profit increased; ordinary and net profit declinedAnnual report
「As a result, total revenue for the six-month period was ¥1,654 million, down 6.9% year on year. On the earnings side, operating profit was ¥32 million, up 44.1% year on year; ordinary profit was ¥35 million, down 28.7%; and quarterly net profit was ¥25 million, down 34.4%.」
Revenue declined 6.9% year on year, while operating profit increased 44.1%. Ordinary profit declined 28.7% and quarterly net profit declined 34.4%, showing divergent trends between operating profit and ordinary and bottom-line profit. - FY2024-Q1Higher revenue and operating profit, while ordinary and net profit declinedAnnual report
「As a result, total revenue for the three-month period increased by ¥36 million year on year, or 4.3%, to ¥866 million. On the earnings side, operating profit was ¥15 million, up 25.1% year on year, while ordinary profit was ¥15 million, down 34.0%, and quarterly net profit was ¥11 million, down 35.0%, resulting in lower profits.」
Revenue was ¥866 million, up 4.3% year on year, and operating profit increased 25.1%, while ordinary profit declined 34.0% and quarterly net profit declined 35.0%. - FY2023WorsenedAnnual report
「As a result of these business activities, performance for the fiscal year was revenue of ¥3,358 million, up 12.3% from the previous fiscal year; operating profit of ¥3 million, down 71.0%; ordinary profit of ¥33 million, up 86.7%; and net profit of ¥27 million, down 7.7%.」
Revenue increased 12.3% and ordinary profit increased 86.7%, while operating profit declined 71.0% and net profit declined 7.7%, indicating deterioration at the operating and bottom-line levels. - FY2023-Q3WorsenedAnnual report
「Under these circumstances, performance for the nine-month period benefited mainly from increased overseas orders, with revenue rising 15.6% year on year to ¥2,553 million. On the earnings side, the cost of sales rose due to soaring prices for bullion, the raw material, and broad-based increases in manufacturing costs, including electricity, while the higher costs continued not to be fully passed through to selling prices. Operating profit was ¥11 million, down 83.9% year on year; ordinary profit was ¥44 million, down 40.3%; and quarterly net profit was ¥19 million, down 61.9%, resulting in lower profits.」
Revenue increased on higher overseas orders, while operating, ordinary and quarterly net profit declined substantially year on year due to rising costs for bullion, electricity and other items, together with delays in passing higher costs through to selling prices. - FY2023-Q2WorsenedAnnual report
「Under these circumstances, the company experienced strong overseas orders, and revenue for the six-month period increased substantially by ¥280 million, or 18.8%, year on year to ¥1,776 million. On the earnings side, the cost of sales rose due to soaring bullion prices, the raw material, while the higher costs continued not to be fully passed through to selling prices. Operating profit was ¥22 million, down 72.0% year on year; ordinary profit was ¥50 million, down 40.5%, despite foreign exchange gains from the weaker yen; and quarterly net profit was ¥39 million, down 31.7%, resulting in lower profits.」
Revenue increased 18.8% year on year on overseas orders, while operating profit, ordinary profit and quarterly net profit all declined year on year due to soaring bullion prices and delays in passing higher costs through to selling prices. - FY2023-Q1WorsenedAnnual report
「The company experienced particularly strong overseas orders, and revenue for the three-month period increased by ¥70 million year on year, or 9.2%, to ¥830 million. On the earnings side, the cost of sales rose due to soaring prices for bullion, the raw material, while the increase in costs was not fully passed through to selling prices. As a result, operating profit was ¥12 million, down 79.5% year on year; ordinary profit was ¥23 million, down 61.8%; and quarterly net profit was ¥16 million, down 58.7%, resulting in lower profits.」
Revenue increased 9.2% year on year on stronger overseas orders, while operating, ordinary and quarterly net profit declined substantially due to soaring bullion prices and delays in passing higher costs through to selling prices. - FY2022Annual revenue increased substantially, while ordinary profit declinedAnnual report
「As a result of these business activities, performance for the fiscal year was revenue of ¥2,989 million, up 41.3% from the previous fiscal year; operating profit of ¥13 million, compared with ¥1 million in the previous fiscal year; ordinary profit of ¥17 million, down 57.7%; and net profit of ¥30 million, up 22.7%.」
Revenue increased 41.3% from the previous fiscal year, operating profit increased from ¥1 million to ¥13 million, and net profit increased 22.7%. Meanwhile, ordinary profit declined 57.7% due to a decrease in employment adjustment subsidy income. - FY2022-Q3Higher revenue and profits continued, with a 48.0% year-on-year increaseAnnual report
「Revenue for the nine-month period increased to ¥2,208 million, up ¥716 million, or 48.0%, year on year. On the earnings side, the effect of higher sales resulted in operating profit of ¥68 million, up ¥84 million year on year; ordinary profit of ¥74 million, up ¥57 million; and quarterly net profit of ¥50 million, up ¥42 million.」
Against a backdrop of spot orders for jewelry parts and orders from existing customers, together with newly acquired orders from new customers, revenue increased 48.0% year on year, while operating, ordinary and net profit also exceeded the year-earlier period. - FY2022-Q2Substantial increases in revenue and profits, exceeding pre-pandemic levelsAnnual report
「Revenue for the six-month period increased substantially to ¥1,496 million, up ¥616 million, or 70.2%, year on year. On the earnings side, the effect of higher sales, together with established efforts initiated during the state of emergency in the previous fiscal year to improve productivity and thoroughly reduce costs, including by setting efficient working hours in line with order volumes, resulted in operating profit of ¥81 million, up ¥112 million year on year; ordinary profit of ¥84 million, up ¥102 million; and quarterly net profit of ¥57 million, up ¥77 million. Performance for the six-month period also exceeded the same period two years earlier, before the COVID-19 pandemic, specifically the six-month period of the 53rd fiscal year.」
Revenue was ¥1,496 million, up 70.2% year on year, and the company recorded operating profit of ¥81 million, ordinary profit of ¥84 million and quarterly net profit of ¥57 million. Performance also exceeded the same period two years earlier, before the COVID-19 pandemic. - FY2022-Q1Substantial year-on-year increases in revenue and profits, exceeding pre-pandemic levelsAnnual report
「Revenue for the three-month period increased by ¥218 million year on year to ¥760 million. On the earnings side, continued efforts from the previous fiscal year to improve productivity and thoroughly reduce costs, including by setting efficient working hours in line with order volumes, in addition to the effect of higher sales, resulted in operating profit of ¥59 million, up ¥56 million year on year; ordinary profit of ¥62 million, up ¥59 million; and quarterly net profit of ¥41 million, up ¥39 million. Performance for the three-month period also exceeded the level of the same period two years earlier, before the COVID-19 pandemic, specifically the three-month period of the 53rd fiscal year.」
Revenue was ¥760 million, operating profit ¥59 million, ordinary profit ¥62 million and quarterly net profit ¥41 million, representing higher revenue and profits year on year and exceeding the same period two years earlier, before the COVID-19 pandemic. - FY2021WorsenedAnnual report
「As a result of these business activities, performance for the fiscal year was revenue of ¥2,116 million, down 22.6% from the previous fiscal year; operating profit of ¥1 million, down 99.0%; ordinary profit of ¥42 million, down 60.3%; and net profit of ¥24 million, down 72.2%.」
Due to the impact of COVID-19, annual revenue declined 22.6%, operating profit 99.0%, ordinary profit 60.3% and net profit 72.2%. Despite operating profit of only ¥1 million, the company remained profitable for the full year. - FY2021-Q3Operating losses continued, while subsidy income returned ordinary and net profit to the blackAnnual report
「As a result of these business activities, performance, which had fallen sharply in the second quarter due to store closures by business partners and the cancellation of events, reversed course. Performance for the nine-month period was revenue of ¥1,492 million, down 26.9% year on year, and an operating loss of ¥16 million, a decline of ¥91 million year on year. Ordinary profit returned to the black from a loss in the six-month period, supported by ¥33 million in employment adjustment subsidy income, reaching ¥16 million, down 78.4% year on year. Quarterly net profit was ¥7 million, down 86.0%, and was also positive.」
Performance reversed from the loss recorded in the six-month period, with ¥33 million in employment adjustment subsidy income resulting in ordinary profit of ¥16 million and quarterly net profit of ¥7 million. Meanwhile, revenue declined 26.9% year on year and the operating loss was ¥16 million, so losses continued at the operating level. - FY2021-Q2Substantial year-on-year declines in revenue and profits, with operating, ordinary and net losses recordedAnnual report
「As a result of these business activities, performance for the six-month period was revenue of ¥879 million, down 34.9% year on year; an operating loss of ¥31 million, compared with operating profit of ¥45 million in the year-earlier period; an ordinary loss of ¥18 million, despite ¥14 million in employment adjustment subsidy income, compared with ordinary profit of ¥47 million in the year-earlier period; and a quarterly net loss of ¥19 million, compared with quarterly net profit of ¥34 million in the year-earlier period. This resulted in substantial declines in revenue and profits.」
Amid the impact of COVID-19, revenue declined 34.9% year on year, and the company recorded an operating loss of ¥31 million, an ordinary loss of ¥18 million and a quarterly net loss of ¥19 million. - FY2021-Q1Substantial declines in revenue and profits amid the COVID-19 pandemicAnnual report
「As a result of these business activities, performance for the three-month period was revenue of ¥542 million, down 16.6% year on year; operating profit of ¥2 million, down 88.0%; ordinary profit of ¥2 million, down 89.3%; and quarterly net profit of ¥1 million, down 89.3%, resulting in substantial declines in revenue and profits.」
Revenue, operating profit, ordinary profit and quarterly net profit all declined year on year, resulting in substantial declines in revenue and profits. - FY2020Annual results confirm higher revenue and profits for the second consecutive periodAnnual report
「As a result of these business activities, performance for the fiscal year was revenue of ¥2,733 million, up 16.0% from the previous fiscal year; operating profit of ¥103 million, up 16.1%; ordinary profit of ¥106 million, up 4.4%; and net profit of ¥87 million, up 2.0%. Revenue and profits increased for the second consecutive period compared with the fiscal year before last.」
Revenue, operating profit, ordinary profit and net profit all exceeded the previous fiscal year, confirming higher revenue and profits for the second consecutive year. - FY2020-Q3Higher revenue and profits continued through the nine-month period.Annual report
「As a result of these business activities, performance for the nine-month period was revenue of ¥2,041 million, up 16.0% year on year; operating profit of ¥75 million, up 14.3%; ordinary profit of ¥78 million, up 13.5%; and quarterly net profit of ¥56 million, up 8.2%. Revenue and profits increased for the second consecutive period compared with the same period two years earlier.」
Revenue, operating profit, ordinary profit and quarterly net profit all exceeded the year-earlier period, with higher revenue and profits continuing through the nine-month period. - FY2020-Q2Revenue and earnings growth continued year on year, with profit increasingAnnual report
「As a result of these business activities, for the cumulative second quarter, net sales were ¥1,349 million, up 15.9% year on year, operating income was ¥45 million, up 16.4%, ordinary income was ¥47 million, up 18.4%, and quarterly net income was ¥34 million, up 14.7%.」
Revenue, operating profit, ordinary profit and quarterly net profit all increased year on year, continuing the trend of higher revenue and profits. - FY2020-Q1Second consecutive period of revenue and earnings growth reported in first-quarter resultsAnnual report
「As a result of these business activities, for the cumulative first quarter, net sales were ¥649 million, up 12.9% year on year, operating income was ¥24 million, up 24.5%, ordinary income was ¥26 million, up 32.3%, and quarterly net income was ¥18 million, up 15.7%, representing the second consecutive period of revenue and earnings growth compared with the same period 2 years earlier.」
The company reports that first-quarter net sales, operating income, ordinary income and quarterly net income all exceeded the same period of the previous year, resulting in the second consecutive period of revenue and earnings growth. - FY2019Revenue and earnings growth for 2 consecutive fiscal years, with net income returning to profitabilityAnnual report
「As a result of these business activities, for the fiscal year, net sales were ¥2,356 million, up 9.7% year on year, operating income was ¥88 million, up 42.2%, and ordinary income was ¥101 million, up 70.0%, reflecting recognition of a ¥12 million reversal of allowance for doubtful accounts. This represented the second consecutive fiscal year of revenue and earnings growth. Net income was ¥86 million, compared with a net loss of ¥37 million in the previous fiscal year, due to a low statutory effective tax rate reflecting tax loss carryforwards and other factors.」
Net sales, operating income and ordinary income exceeded the previous fiscal year, resulting in the second consecutive fiscal year of revenue and earnings growth. Net income turned from a loss of ¥37 million in the previous fiscal year to income of ¥86 million. - FY2019-Q3Revenue and earnings growth year on year, with net income returning to profitabilityAnnual report
「Accordingly, for the cumulative third quarter, net sales were ¥1,760 million, up 11.9% year on year, operating income was ¥65 million, up 79.0%, ordinary income was ¥68 million, up 97.9%, and quarterly net income was ¥52 million, compared with a quarterly net loss of ¥34 million in the same period of the previous year.」
Net sales, operating income and ordinary income increased year on year, while quarterly net loss in the previous year turned into quarterly net income of ¥52 million. - FY2019-Q2Revenue and earnings growth year on year, with a substantial increase in profitAnnual report
「Accordingly, for the cumulative second quarter, net sales were ¥1,164 million, up 16.5% year on year, operating income was ¥39 million, up 171.7%, ordinary income was ¥40 million, up 210.2%, and quarterly net income was ¥30 million, up 341.7%.」
Net sales increased 16.5% year on year, and operating income, ordinary income and quarterly net income all increased. - FY2019-Q1Turned from a loss in the previous year to quarterly profitabilityAnnual report
「Accordingly, for the cumulative first quarter, net sales were ¥575 million, up 16.4% year on year, operating income was ¥19 million, compared with operating income of ¥0 million in the same period of the previous year, ordinary income was ¥19 million, compared with an ordinary loss of ¥0 million, and quarterly net income was ¥16 million, compared with a quarterly net loss of ¥2 million.」
From an ordinary loss and quarterly net loss in the same period of the previous year, the cumulative first quarter generated profitable operating income, ordinary income and quarterly net income. - FY2018Annual operating and ordinary profitability maintained, while net loss recognized due to extraordinary losses and other itemsAnnual report
「Accordingly, for the fiscal year, net sales were ¥2,148 million, up 8.5% year on year, operating income was ¥62 million, down 0.3%, ordinary income was ¥59 million, up 2.5%, and net loss was ¥37 million, compared with net income of ¥51 million in the previous year.」
While net sales increased and operating and ordinary income remained profitable, extraordinary losses and other items related to the response to misconduct resulted in a net loss of ¥37 million. - FY2018-Q3Operating and ordinary income remain profitable, while net loss widens due to extraordinary lossesAnnual report
「In addition, substantial extraordinary losses were recognized due to audit fees paid to the auditing firm and fees paid to the internal investigation committee in connection with addressing the misconduct described above. Accordingly, for the cumulative third quarter, net sales were ¥1,572 million, up 5.5% year on year, operating income was ¥36 million, down 23.7%, ordinary income was ¥34 million, down 5.8%, and quarterly net loss was ¥34 million, compared with quarterly net income of ¥32 million in the same period of the previous year.」
Operating income of ¥36 million and ordinary income of ¥34 million remained profitable, while recognition of extraordinary losses related to the response to misconduct resulted in a quarterly net loss of ¥34 million. - FY2018-Q2Operating and ordinary income remain profitable, while net loss continuesAnnual report
「As a result of the business environment and measures described above, for the cumulative second quarter, net sales were ¥999 million, down 0.6% year on year, operating income was ¥12 million, compared with ¥6 million in the same period of the previous year, ordinary income was ¥10 million, compared with ¥2 million, and quarterly net loss was ¥3 million, unchanged from the previous year.」
Operating and ordinary income remained profitable and exceeded the same period of the previous year, while the quarterly net loss continued at ¥3 million, the same amount as in the previous year. - FY2018-Q1First-quarter losses after returning to annual profitability, with losses widening year on yearAnnual report
「Accordingly, for the cumulative first quarter, net sales were ¥494 million, down 4.0% year on year, operating loss was ¥11 million, compared with an operating loss of ¥3 million in the same period of the previous year, ordinary loss was ¥14 million, compared with an ordinary loss of ¥5 million, and quarterly net loss was ¥15 million, compared with a quarterly net loss of ¥6 million.」
After operating income, ordinary income and net income returned to profitability in the previous fiscal year, all 3 categories were loss-making in the cumulative first quarter. Operating, ordinary and quarterly net losses also widened from the same period of the previous year. - FY2017Annual results confirm the turnaround from losses to profitsAnnual report
「As a result, although the Business Structural Reform Project remains in progress, we were able to return to profitability in operating income, ordinary income and net income for the first time in 3 fiscal years since the fiscal year ended January 2014. Accordingly, for the fiscal year, net sales were ¥1,979 million, down 22.6% year on year, operating income was ¥2 million, compared with an operating loss of ¥80 million in the previous year, ordinary income was ¥2 million, compared with an ordinary loss of ¥80 million, and net income was ¥2 million, compared with a net loss of ¥149 million.」
All 3 categories returned to profitability in the fiscal year from operating, ordinary and net losses in the previous year. While net sales declined 22.6% year on year, the annual results report a return to profitability. - FY2017-Q3RestatedAnnual report
「Accordingly, for the cumulative third quarter, net sales were ¥1,490 million, operating income was ¥10 million, ordinary income was ¥3 million and quarterly net income was ¥3 million.」
Operating income, ordinary income and quarterly net income remained profitable following the cumulative second quarter. - FY2017-Q2Turned from losses to profitsAnnual report
「Accordingly, for the cumulative second quarter, net sales were ¥1,005 million, operating income was ¥6 million, ordinary income was ¥2 million and quarterly net income was ¥3 million.」
From the operating, ordinary and net losses reported for the previous quarter, the cumulative second quarter turned to operating income, ordinary income and quarterly net income. - FY2017-Q1First statedAnnual report
「Although the impact of withdrawing from unprofitable businesses remains, the results of the reforms are beginning to emerge steadily, including a 3.5 percentage-point year-on-year increase in the gross profit margin to 14.8% in the first quarter, from 11.3% in the same period of the previous year. Accordingly, for the cumulative first quarter, net sales were ¥514 million, operating loss was ¥3 million, ordinary loss was ¥5 million and quarterly net loss was ¥6 million.」
While the reforms improved the gross profit margin, the impact of withdrawing from unprofitable businesses remained, resulting in operating, ordinary and net losses for the quarter.