First-quarter revenue and profit growth
First written in FY2017-Q1. 9 of 34 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-08-10.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Cited as achieved".
- FY2026AdvancedAnnual report
「However, the substantial increase in gross profit led to record profit. Accordingly, consolidated sales were ¥163,643 million, up 18.3% from the prior fiscal year, and operating profit was ¥16,546 million, up 16.7%.」
Sales were ¥163,643 million and operating profit was ¥16,546 million, setting new records for both consolidated sales and operating profit. - FY2026-H1AdvancedAnnual report
「Although overseas subsidiaries were negatively affected by the yen's appreciation, consolidated sales reached a record high for an interim consolidated accounting period. Selling, general and administrative expenses increased mainly because of higher advertising and promotional expenses and personnel expenses associated with increased marketing investment to further stimulate markets globally and expand brand awareness. However, the increase in gross profit from higher sales more than offset the increase in expenses, resulting in record profit for an interim consolidated accounting period.」
Sales and profit reached record highs for an interim consolidated accounting period, as the benefit of higher sales outweighed increases in marketing investment and personnel expenses. - FY2025AdvancedAnnual report
「However, the substantial increase in gross profit led to record profit. Accordingly, consolidated sales were ¥138,276 million, up 18.8% from the prior fiscal year, and operating profit was ¥14,176 million, up 22.1%.」
Consolidated sales were ¥138,276 million and operating profit was ¥14,176 million, setting new records for both sales and profit. - FY2025-H1AdvancedAnnual report
「Selling, general and administrative expenses increased due to higher system-related costs, depreciation and personnel expenses associated with strengthening IT globally, as well as higher advertising and promotional expenses reflecting increased marketing efforts related to the international event. However, the substantial increase in gross profit led to record profit for the interim consolidated accounting period. Accordingly, consolidated sales were ¥66,942 million, up 16.0% year on year, and operating profit was ¥7,691 million, up 37.1% year on year.」
Consolidated sales were ¥66,942 million and operating profit was ¥7,691 million, setting new records for both sales and profit for an interim consolidated accounting period. - FY2024-Q3Record sales, with a narrower profit declineAnnual report
「Accordingly, consolidated sales were ¥85,172 million, up 7.0% year on year, while operating profit was ¥8,204 million, down 11.9% year on year. Ordinary profit was ¥8,583 million, down 6.2% year on year, due to foreign exchange gains, and quarterly net income attributable to owners of the parent was ¥6,279 million, down 6.3% year on year.」
Consolidated sales for the cumulative third quarter reached a record high, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent declined. The decline in operating profit narrowed from 21.1% for the cumulative second quarter to 11.9%. - FY2024-Q2Record sales, with profit decline continuingAnnual report
「Accordingly, consolidated sales were ¥57,725 million, up 15.2% year on year, while operating profit was ¥5,612 million, down 21.1% year on year. Ordinary profit was ¥6,220 million, down 20.2% year on year, due to foreign exchange gains, and quarterly net income attributable to owners of the parent was ¥4,396 million, down 21.4% year on year.」
Consolidated sales reached a record ¥57,725 million, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent were below the prior-year period, resulting in record sales alongside lower profit. - FY2024-Q1Record sales, but profit declinedAnnual report
「Accordingly, consolidated sales were ¥27,992 million, up 18.1% year on year, while operating profit was ¥2,774 million, down 18.9% year on year.」
Consolidated sales for the first quarter reached a record ¥27,992 million, while operating profit fell 18.9% year on year due to increases in advertising and promotional expenses, personnel expenses and other costs. - FY2023-Q3AdvancedAnnual report
「For the cumulative third quarter, the group's results benefited from stronger demand in each region, resulting in record cumulative third-quarter net sales and profit. Consolidated net sales were ¥79,632 million, up 47.5% year on year. Operating income rose sharply to ¥9,317 million, up 55.9% year on year.」
Against a backdrop of stronger demand in each region, sales and profit reached record highs for the cumulative third quarter, with sales of ¥79,632 million and operating profit of ¥9,317 million. - FY2023-Q2AdvancedAnnual report
「During the cumulative second quarter under review, demand continued to recover in all regions, and both net sales and profit reached record highs for the cumulative second quarter.」
Against a backdrop of recovering demand in each region, cumulative second-quarter net sales and profit reached record levels. Consolidated net sales were ¥50,092 million and operating income was ¥7,116 million. - FY2023-Q1Record first-quarter revenue and profit growthAnnual report
「As demand recovered fully in each region, all segments posted higher revenue and profit, resulting in record first-quarter net sales and profit.」
First-quarter net sales and profit reached record levels, marking a shift to higher revenue and profit across all segments. - FY2022-Q3Record revenue and profit growth in the third quarterAnnual report
「The strong performance of the Chinese sales subsidiary, where badminton product sales remained robust, resulted in record third-quarter net sales and profit.」
Driven by higher badminton product sales at the Chinese sales subsidiary, third-quarter net sales and profit reached record levels. - FY2022-Q2Record revenue and profit growth in the second quarterAnnual report
「Sales of the main badminton products at the Chinese sales subsidiary increased substantially, resulting in record second-quarter net sales and profit. Accordingly, consolidated net sales were ¥34,788 million, up 57.5% year on year.」
Driven by strong sales of the main badminton products at the Chinese sales subsidiary, cumulative second-quarter net sales reached ¥34,788 million, up 57.5% year on year, with net sales and profit at record second-quarter levels. - FY2022-Q1Shifted to revenue growth and profit growth in Q1Annual report
「As a result, consolidated net sales were ¥16,178 million, up 97.3% year on year. The increase in gross profit accompanying higher sales exceeded the increase in selling, general and administrative expenses, resulting in operating income of ¥1,314 million, compared with an operating loss of ¥1,402 million in the year-earlier quarter. Ordinary income was ¥1,357 million, compared with an ordinary loss of ¥1,408 million, due to foreign exchange gains and other factors. Quarterly net income attributable to owners of the parent was ¥947 million, compared with a quarterly net loss attributable to owners of the parent of ¥1,278 million in the year-earlier quarter.」
The company shifted from a sharp decline in revenue and an operating loss in the year-earlier period to a 97.3% increase in net sales and a return to operating, ordinary and net profitability. - FY2021Full-year revenue and profit fell sharply, but the decline in ordinary income narrowedAnnual report
「Consolidated net sales were ¥51,554 million, down 16.8% from the previous fiscal year. Operating income was ¥1,032 million, down 57.4%. Ordinary income was ¥1,823 million, down 19.5%, due to subsidy income and other factors, and net income attributable to owners of the parent was ¥1,102 million, down 33.3%.」
The company posted lower revenue and profit for the full year due to the impact of the infection, but subsidy income and other factors made the decline in ordinary income smaller than that in operating income. - FY2021-Q3Cumulative revenue and profit declined, but the company returned to an operating profitAnnual report
「Although the decline in revenue was smaller than in the second quarter, the impact of the first-quarter decline and the closure or restricted use of indoor facilities for badminton, the main sport, in Southeast Asia, India, the United Kingdom and other regions where infection conditions had not improved led to consolidated net sales of ¥35,715 million, down 23.3% year on year. Profit was significantly affected by lower gross profit accompanying the decline in sales, but advertising expenses fell as tournaments in various sports were cancelled and the company made efforts to reduce expenses group-wide. As a result, selling, general and administrative expenses declined substantially from normal levels, and operating income turned positive from a loss in the second quarter, reaching ¥125 million, down 92.2% year on year.」
The decline in revenue narrowed from the second quarter, and despite a substantial cumulative decline in revenue and profit, the company shifted from an operating loss to an operating profit. - FY2021-Q2The decline in revenue narrowed, but the operating loss continuedAnnual report
「Consolidated net sales were ¥22,093 million, down 30.6% year on year. Although advertising expenses declined due to the cancellation of domestic and overseas tournaments in various sports and the company worked to reduce selling, general and administrative expenses, the substantial impact of lower gross profit resulting from the decline in sales led to an operating loss of ¥215 million, compared with operating income of ¥1,711 million in the year-earlier quarter.」
Although the decline in revenue narrowed from the first quarter, cumulative net sales were down 30.6% year on year and the company recorded an operating loss of ¥215 million, with lower revenue and losses continuing. - FY2021-Q1Infection caused a sharp decline in revenue and profit, with an operating lossAnnual report
「As a result, consolidated net sales were ¥8,199 million, down 44.2% year on year. Advertising expenses declined due to the cancellation of domestic and overseas tournaments in various sports, and the company also worked to reduce selling, general and administrative expenses. However, the substantial impact of lower gross profit resulting from the decline in sales led to an operating loss of ¥1,402 million, compared with operating income of ¥152 million in the year-earlier quarter. The company recorded an ordinary loss of ¥1,408 million, compared with ordinary income of ¥89 million, and a quarterly net loss attributable to owners of the parent of ¥1,278 million, compared with quarterly net income attributable to owners of the parent of ¥47 million in the year-earlier quarter.」
The company shifted from higher revenue in the year-earlier period to a sharp decline in revenue, an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent due to the impact of COVID-19. - FY2020Full-year growth in revenue and decline in profitAnnual report
「Consolidated net sales were ¥61,967 million, up 1.4% from the previous fiscal year. Gross profit increased with higher sales, but selling, general and administrative expenses, including advertising and personnel costs invested upfront for future growth, also increased, resulting in operating income of ¥2,421 million, down 2.5%.」
For the full year, net sales increased, while operating income declined due to upfront investment in advertising and personnel costs, resulting in higher revenue but lower profit. - FY2020-Q3Shift to higher revenue and profit, with net income attributable to owners of the parent decliningAnnual report
「For the cumulative third quarter, domestic sales remained at about the previous year's level, while sales to overseas distributors increased on strong badminton product sales. In China, inventory adjustments progressed to some extent, and overall badminton product sales continued to recover. Consolidated net sales were ¥46,589 million, up 4.1% year on year. The increase in gross profit accompanying higher sales exceeded the increase in selling, general and administrative expenses, including advertising and personnel costs invested upfront for future growth. Operating income was ¥1,599 million, up 12.6% year on year, ordinary income was ¥1,456 million, up 1.9%, and quarterly net income attributable to owners of the parent was ¥1,061 million, down 5.6%.」
After a trend of higher revenue but lower profit through the year-earlier period, net sales, operating income and ordinary income turned upward, while quarterly net income attributable to owners of the parent declined. - FY2020-Q2Higher revenue but lower profit continued, with a slight decline in operating incomeAnnual report
「For the cumulative second quarter, the group's results benefited from higher sales of apparel, shuttlecocks, badminton and soft tennis rackets and other products in Japan, as well as increased sales to overseas distributors. In China, sales were recovering due to the effects of new products and progress in inventory adjustments. Consolidated net sales were ¥31,820 million, up 4.0% year on year. Gross profit increased with higher sales, but selling, general and administrative expenses rose due to higher advertising and personnel costs as upfront investment for future growth. Operating income was ¥1,711 million, down 1.0% year on year, ordinary income was ¥1,564 million, down 16.2% due to foreign exchange losses, and quarterly net income attributable to owners of the parent was ¥1,169 million, down 18.0%.」
Consolidated net sales increased 4.0% year on year, while upfront investment in advertising and personnel costs, along with foreign exchange losses, reduced operating income by 1.0%, ordinary income by 16.2% and quarterly net income attributable to owners of the parent by 18.0%. - FY2020-Q1Higher revenue but lower profit, with a sharp decline in profitAnnual report
「The group's results benefited from higher sales of tennis rackets, apparel and other products in Japan, as well as increased sales to overseas distributors. In China, sales were recovering as inventory adjustments progressed to some extent, but declined slightly year on year due to the impact of foreign currency translation. Consolidated net sales were ¥14,690 million, up 1.6% year on year. Changes in the sales mix lowered the gross profit margin and reduced gross profit, while selling, general and administrative expenses increased due to higher advertising and personnel costs as upfront investment for future growth. Operating income was ¥152 million, down 73.6% year on year, ordinary income was ¥89 million, down 87.1%, and quarterly net income attributable to owners of the parent was ¥47 million, down 92.1%.」
Consolidated net sales increased 1.6% year on year, supported by domestic tennis product sales and sales to overseas distributors, while lower gross profit margins due to the sales mix and higher advertising and personnel costs drove operating income down 73.6% and ordinary income down 87.1%. - FY2019Full-year revenue and profit declineAnnual report
「Net sales declined to ¥61,097 million, down 1.8% from the previous fiscal year. Although the gross profit margin recovered from the previous fiscal year due to lower manufacturing costs resulting from productivity improvements and other factors, gross profit declined as a result of lower sales. Advertising expenses declined from the previous fiscal year, but selling, general and administrative expenses increased due to higher personnel costs and other factors. Operating income was ¥2,482 million, down 15.1%, ordinary income was ¥2,469 million, down 13.6%, and net income attributable to owners of the parent was ¥1,722 million, down 7.5%.」
After posting higher revenue but lower profit in the previous fiscal year, net sales, operating income, ordinary income and net income attributable to owners of the parent all declined in the current fiscal year. - FY2019-Q3Lower revenue and lower profit continued, while net income increasedAnnual report
「In addition to lower overseas sales due to inventory adjustments in China and other factors, domestic sales of shoes and other products also declined, bringing consolidated net sales down to ¥44,753 million, a 3.1% year-on-year decrease. Although the gross profit margin was recovering year on year due to lower manufacturing costs and other factors, gross profit declined as a result of lower sales. Operating income was ¥1,420 million, down 2.7% year on year, and ordinary income was ¥1,429 million, down 9.0%. Quarterly net income attributable to owners of the parent was ¥1,124 million, up 6.9%, due to the recognition of a gain on the sale of the building occupied by the North American sales subsidiary in the first quarter.」
Net sales, operating income and ordinary income declined, while the gross profit margin was recovering and quarterly net income attributable to owners of the parent increased due to a gain on the sale of the building occupied by the North American sales subsidiary. - FY2019-Q2RestatedAnnual report
「Although the gross profit margin was recovering due to lower manufacturing costs and other factors, gross profit declined as a result of lower sales. Operating income was ¥1,728 million, down 7.6% year on year, and ordinary income was ¥1,865 million, down 2.4%. Quarterly net income attributable to owners of the parent was ¥1,426 million, up 8.8%, due to the recognition of a gain on the sale of the building occupied by the North American sales subsidiary in the first quarter.」
Net sales, operating income and ordinary income declined, while quarterly net income attributable to owners of the parent increased 8.8% year on year due to a gain on the sale of the building occupied by the North American sales subsidiary. - FY2019-Q1Lower revenue and lower profit, with net income increasingAnnual report
「Consolidated net sales for the cumulative first quarter declined to ¥14,457 million, down 9.2% year on year. Although the gross profit margin was recovering due to lower manufacturing costs and the stronger yen, gross profit declined as a result of lower sales. Operating income was ¥579 million, down 28.4% year on year, and ordinary income was ¥697 million, down 12.1%. Quarterly net income attributable to owners of the parent was ¥607 million, up 10.5%, due to a gain on the sale of the building occupied by the North American sales subsidiary.」
After posting higher revenue but lower profit through the previous fiscal year, net sales, operating income and ordinary income declined this quarter, while quarterly net income attributable to owners of the parent increased due to a gain on the sale of the building occupied by the North American sales subsidiary. - FY2018Higher revenue but lower profit for the full year as wellAnnual report
「As a result, consolidated net sales for the fiscal year were ¥62,188 million, up 1.9% from the previous fiscal year. Profit was affected by a decline in gross profit margin due to changes in the sales mix, higher manufacturing costs following the start-up of a new domestic plant, and higher procurement costs for imported raw materials and products due to exchange rates being weaker than in the previous fiscal year. Operating income was ¥2,925 million, down 29.5% from the previous fiscal year, and ordinary income was ¥2,858 million, down 25.5%. Net income attributable to owners of the parent was ¥1,862 million, down 38.7%, also reflecting the effect of writing down deferred tax assets following U.S. tax reform.」
For the full year as well, net sales increased, while operating income, ordinary income and net income attributable to owners of the parent declined, resulting in higher revenue but lower profit. - FY2018-Q3Higher sales and lower earnings continue; decline widensAnnual report
「As a result, consolidated net sales for the cumulative third quarter were ¥46,201 million, up 2.1% year on year. Profit was affected by a decline in gross profit margin due to changes in the sales mix, higher manufacturing costs following the start-up of a new domestic plant, and higher procurement costs for imported raw materials and products due to exchange rates being weaker than in the year-earlier quarter. Operating income was ¥1,459 million, down 47.1% year on year, ordinary income was ¥1,570 million, down 38.1%, and quarterly net income attributable to owners of the parent was ¥1,051 million, down 39.0%.」
Higher revenue but lower profit continued, with operating income down 47.1% year on year. The sales mix, the new domestic plant and higher procurement costs due to the weaker yen were cited as factors behind the decline in profit. - FY2018-Q2Higher sales, lower profit continuedAnnual report
「As a result, consolidated net sales for the cumulative second quarter were ¥32,232 million, up 2.9% year on year. Profit was affected by a decline in gross profit margin due to changes in the sales mix accompanying increased sales of relatively low-margin products, higher manufacturing costs following the start-up of a new domestic plant, and higher procurement costs for imported raw materials and products due to exchange rates being weaker than in the year-earlier quarter. Operating income was ¥1,871 million, down 30.6% year on year, ordinary income was ¥1,911 million, down 10.5%, and quarterly net income attributable to owners of the parent was ¥1,310 million, down 9.7%.」
Revenue increased but profit declined for the second consecutive period. The sales mix of low-margin products, the new domestic plant and higher procurement costs due to the weaker yen were cited as factors behind the decline in profit. - FY2018-Q1Shifted to revenue growth and profit declineAnnual report
「As a result, consolidated net sales for the cumulative first quarter were ¥15,915 million, up 4.0% year on year. Following strategic and proactive investment in advertising and other selling expenses, operating income was ¥809 million, down 34.4% year on year, ordinary income was ¥793 million, down 11.6%, and quarterly net income attributable to owners of the parent was ¥549 million, down 7.9%.」
After posting higher revenue and profit in the year-earlier period, the company posted higher revenue but lower profit this quarter. Strategic and proactive investment in advertising and related expenses was cited as a factor behind the decline in profit. - FY2017-Q3AdvancedAnnual report
「As a result, consolidated net sales for the cumulative third quarter were ¥45,239 million, up 17.7% year on year. Operating income was ¥2,762 million, up 21.7%. The impact of foreign exchange on non-operating income and expenses weakened, resulting in ordinary income of ¥2,537 million, up 14.0% year on year. Quarterly net income attributable to owners of the parent was ¥1,724 million, up 4.4%.」
For the cumulative third quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the year-earlier period. - FY2017-Q2AdvancedAnnual report
「As a result, consolidated net sales for the cumulative second quarter were ¥31,330 million, up 24.2% year on year. Operating income was ¥2,697 million, up 79.9%. In non-operating income and expenses, the company mainly recorded foreign exchange losses due to the stronger yen, resulting in ordinary income of ¥2,134 million, up 43.2% year on year. Quarterly net income attributable to owners of the parent was ¥1,450 million, up 33.6%.」
For the cumulative second quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the year-earlier period. - FY2017-Q1First statedAnnual report
「As a result, consolidated net sales for the cumulative first quarter were ¥15,297 million, up 31.0% year on year. Operating income was ¥1,233 million, up 123.3%. In non-operating income and expenses, the company mainly recorded foreign exchange losses due to the stronger yen, resulting in ordinary income of ¥897 million, up 52.1% year on year. Net income attributable to owners of the parent was ¥597 million, up 69.1%.」
In the first quarter, net sales, operating income, ordinary income and quarterly net income attributable to owners of the parent all exceeded the year-earlier quarter.