Widening operating, ordinary and net losses due to declining revenue
First written in FY2017-Q2. 12 of 38 entries say "Reframed", first in FY2017-Q3. Latest entry: 2026-11-11.
Nepon moved to the "Worse" side of this theme in 2017, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 8 of 27 companies on the "Worse" side.
2 other companies' latest entry also says "Cited as achieved".
- FY2026ReframedAnnual report
「As a result, gross profit increased ¥26 million year on year, selling, general and administrative expenses declined ¥8 million, operating profit was ¥70 million, up 99.2% year on year, ordinary profit was ¥78 million, up 7.1%, and net income attributable to owners of the parent was ¥37 million, compared with a loss of ¥283 million in the year-earlier period. All results exceeded those of the year-earlier period.」
The company changed from the previous fiscal year’s decline in operating margin and net loss attributable to owners of the parent to profitability in the current fiscal year, with operating profit of ¥70.59 million, ordinary profit of ¥78.61 million and net income attributable to owners of the parent of ¥37.73 million. - FY2026-H1Update to interim earnings resultsAnnual report
「In terms of earnings, although the decline in revenue and higher costs for imported products reduced gross profit by ¥29 million year on year, selling, general and administrative expenses declined ¥57 million year on year through cost-reduction efforts, including the prioritisation and concentration of research and development expenses. Consequently, the operating loss was ¥199 million, compared with an operating loss of ¥228 million in the year-earlier period, and the ordinary loss was ¥203 million, compared with an ordinary loss of ¥205 million, representing an improvement in each case from the year-earlier period.」
Although gross profit declined due to lower revenue and higher costs for imported products, the operating loss narrowed from ¥228.08 million to ¥199.73 million and the ordinary loss narrowed from ¥205.51 million to ¥203.24 million due to lower selling, general and administrative expenses. On the other hand, the interim net loss widened due to an increase in adjustments to corporate income taxes. - FY2025WorsenedAnnual report
「Although operating profit was ¥38 million, up 11.2% year on year and above the year-earlier period, ordinary profit was ¥76 million, down 6.5%, and the net result attributable to owners of the parent was a net loss of ¥280 million, compared with net income attributable to owners of the parent of ¥64 million in the year-earlier period. Both were below the year-earlier period.」
Operating profit increased, while ordinary profit declined, and net income attributable to owners of the parent changed from a profit of ¥64.98 million to a net loss of ¥280.18 million. - FY2025-H1WorsenedAnnual report
「In terms of earnings, in addition to the decline in revenue, higher costs for imported products resulting from the yen’s depreciation reduced gross profit by ¥204 million year on year. Although selling, general and administrative expenses declined ¥71 million year on year through cost-reduction efforts, including the prioritisation and concentration of research and development expenses, the operating loss was ¥228 million, compared with an operating loss of ¥95 million in the year-earlier period, and the ordinary loss was ¥205 million, compared with an ordinary loss of ¥95 million. The interim net loss attributable to owners of the parent was ¥147 million, compared with an interim net loss of ¥58 million in the year-earlier period.」
Revenue declined 12.7% year on year, while the operating loss widened from ¥95.20 million to ¥228.08 million, the ordinary loss widened from ¥95.11 million to ¥205.51 million, and the interim net loss attributable to owners of the parent widened from ¥58.46 million to ¥147.69 million. - FY2024WorsenedAnnual report
「In terms of earnings, higher cost of sales due to increased purchase prices for imported products resulting from the yen’s depreciation, together with the burden of internal systems and institutional reform expenses incorporated into the medium-term management plan announced in May 2023, resulted in operating profit of ¥34 million, down 91.0% year on year; ordinary profit of ¥82 million, down 79.3%; and net income attributable to owners of the parent of ¥64 million, down 77.2%. All were below the year-earlier period.」
Revenue declined 2.7% year on year, operating profit declined 91.0%, ordinary profit declined 79.3% and net income attributable to owners of the parent declined 77.2%. The operating margin also fell from 4.9% to 0.4%. - FY2024-Q3Update to quarterly earnings resultsAnnual report
「In terms of earnings, although revenue increased, gross profit increased by only ¥6 million year on year due to higher purchase prices for imported raw materials resulting from the yen’s depreciation. Selling, general and administrative expenses increased ¥119 million year on year because structural reform expenses described in the medium-term management plan were brought forward into the first half, among other factors. Operating profit was ¥103 million, down 52.2% year on year, ordinary profit was ¥96 million, down 56.8%, and quarterly net income attributable to owners of the parent was ¥62 million, down 54.7%. The results were below those of the year-earlier period.」
Although revenue increased, operating profit, ordinary profit and net profit declined substantially due to higher imported raw material costs resulting from the yen’s depreciation and the front-loading of structural reform expenses, which increased selling, general and administrative expenses by ¥119 million year on year. - FY2024-Q2Update to quarterly earnings resultsAnnual report
「In terms of earnings, although revenue increased, gross profit increased by only ¥81 million year on year due to higher costs for imported products resulting from the yen’s depreciation. Selling, general and administrative expenses increased ¥82 million year on year because spending on internal structural reform costs described in the medium-term management plan was brought forward into the first half, among other factors. As a result, the operating loss was ¥95 million, compared with an operating loss of ¥94 million in the year-earlier period, the ordinary loss was ¥95 million, compared with an ordinary loss of ¥83 million, and the quarterly net loss attributable to owners of the parent was ¥58 million, compared with a quarterly net loss attributable to owners of the parent of ¥67 million.」
Revenue increased 12.7% year on year and the quarterly net loss attributable to owners of the parent narrowed. However, selling, general and administrative expenses increased due to higher import costs resulting from the yen’s depreciation and the front-loading of internal structural reform expenses, causing the operating and ordinary losses to widen from the year-earlier period. - FY2024-Q1Update to quarterly earnings resultsAnnual report
「In terms of earnings, the operating loss was ¥218 million, compared with an operating loss of ¥203 million in the year-earlier period; the ordinary loss was ¥211 million, compared with an ordinary loss of ¥188 million; and the quarterly net loss attributable to owners of the parent was ¥146 million, compared with a quarterly net loss of ¥137 million. The results were below those of the year-earlier period due to the impact of higher material prices and increased investment to improve internal systems.」
Revenue increased, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the year-earlier period due to higher material prices and increased investment to improve internal systems. - FY2023Update to annual earnings resultsAnnual report
「In terms of earnings, although higher steel prices and other factors had an impact, increased revenue resulted in operating profit of ¥388 million, up 52.5% year on year; ordinary profit of ¥396 million, up 47.6%; and net income attributable to owners of the parent of ¥285 million, up 30.2%. The results exceeded the previous year.」
For the full year, operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the previous year. The operating margin was 4.9%, improving from 3.4% in the previous fiscal year. - FY2023-Q3Update to quarterly earnings resultsAnnual report
「In terms of earnings, although higher steel prices and other factors had an impact, increased revenue resulted in operating profit of ¥217 million, up 40.7% year on year; ordinary profit of ¥222 million, up 40.6%; and quarterly net income attributable to owners of the parent of ¥138 million, up 7.6%. The results exceeded those of the year-earlier period.」
Increased revenue resulted in operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeding the year-earlier period. The impact of higher steel prices and other factors on profit continued to be noted. - FY2023-Q2Update to quarterly earnings resultsAnnual report
「In terms of earnings, expenses increased due to the impact of higher steel prices and other factors and higher development costs for IoT applications and other products, but increased revenue resulted in an operating loss of ¥94 million, compared with an operating loss of ¥111 million in the year-earlier period, and an ordinary loss of ¥83 million, compared with an ordinary loss of ¥120 million. The quarterly net loss attributable to owners of the parent was ¥67 million, compared with a quarterly net loss attributable to owners of the parent of ¥73 million in the year-earlier period. Each result exceeded that of the year-earlier period.」
Increased revenue narrowed the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent from the year-earlier period. On the other hand, higher steel prices and development costs for IoT applications and other products increased expenses. - FY2023-Q1Update to quarterly earnings resultsAnnual report
「In terms of earnings, expenses increased due to the impact of higher steel prices and other factors and higher costs for promoting the IoT business, but increased revenue resulted in an operating loss of ¥203 million, compared with an operating loss of ¥260 million in the year-earlier period; an ordinary loss of ¥188 million, compared with an ordinary loss of ¥262 million; and a quarterly net loss attributable to owners of the parent of ¥137 million, compared with a quarterly net loss attributable to owners of the parent of ¥165 million. The results exceeded those of the year-earlier period.」
Revenue increased 19.3% year on year, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the year-earlier period. On the other hand, higher steel prices and costs for promoting the IoT business increased expenses. - FY2022-Q3Update to quarterly earnings resultsAnnual report
「In terms of earnings, although higher steel prices and other factors had an impact, increased revenue resulted in operating profit of ¥154 million, up 0.2% year on year. Ordinary profit was ¥158 million, down 3.0%, due to the recording of foreign-exchange losses. However, due to extraordinary income from the sale of investment securities, quarterly net income attributable to owners of the parent was ¥128 million, up 27.3%, exceeding the year-earlier period.」
Operating profit increased 0.2% year on year due to higher revenue. Ordinary profit declined 3.0% due to foreign-exchange losses, while quarterly net income attributable to owners of the parent increased 27.3% due to gains on the sale of investment securities. - FY2022-Q2ReframedAnnual report
「As a result, total revenue was ¥3,065 million, up 3.3% year on year. In terms of earnings, lower selling, general and administrative expenses resulting from the postponement of some research and development activities resulted in an operating loss of ¥111 million, compared with an operating loss of ¥128 million in the year-earlier period, and an ordinary loss of ¥120 million, compared with an ordinary loss of ¥122 million. In addition, due to extraordinary income from the sale of investment securities, the quarterly net loss attributable to owners of the parent was ¥73 million, compared with a quarterly net loss attributable to owners of the parent of ¥95 million in the year-earlier period. Each result exceeded that of the year-earlier period.」
From the previous fiscal year’s decline in revenue and widening losses, revenue increased and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed. Gains on the sale of investment securities also contributed to the narrowing of the net loss. - FY2022-Q1Update to quarterly earnings resultsAnnual report
「Selling, general and administrative expenses declined due to the postponement of some research and development activities. The operating loss was ¥260 million, compared with an operating loss of ¥277 million in the year-earlier period, and the ordinary loss was ¥262 million, compared with an ordinary loss of ¥264 million. In addition, the company recorded extraordinary income from the sale of investment securities, resulting in a quarterly net loss attributable to owners of the parent of ¥165 million, compared with a quarterly net loss of ¥187 million in the year-earlier period.」
Revenue increased 2.2% year on year, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all narrowed from the year-earlier period. - FY2021WorsenedAnnual report
「Revenue for the consolidated fiscal year was ¥7,257 million, down 11.9% year on year, due to restrictions on sales activities amid the COVID-19 pandemic, individual farmers’ restraint of capital investment amid concerns about the outlook, and the ending of previous-year-specific factors that had increased revenue, including the concentration of completions of large-scale heating projects for horticultural facilities in the first quarter and rush demand ahead of the consumption tax increase in the second quarter. In terms of earnings, selling, general and administrative expenses declined substantially due to lower activity-related expenses resulting from restrictions on sales activities amid the COVID-19 pandemic and the postponement of some research and development investment. However, operating profit was ¥246 million, down 2.8% year on year, and net income attributable to owners of the parent was ¥168 million, down 11.3%. The results were below those of the year-earlier period.」
For the full year, revenue, operating profit and net income attributable to owners of the parent all fell below the year-earlier period. Ordinary profit increased 7.6% year on year due to the impact of foreign exchange. - FY2021-Q3ReframedAnnual report
「In terms of earnings, although selling, general and administrative expenses declined due to lower activity-related costs resulting from restrictions on sales activities during the COVID-19 pandemic, this was insufficient to offset the decline in revenue. Operating profit was ¥154 million, down 19.2% year on year, ordinary profit was ¥163 million, down 14.4%, and quarterly net income attributable to owners of the parent was ¥101 million, down 5.8%. The results were below those of the year-earlier period.」
The company changed from operating, ordinary and net losses in the cumulative second-quarter period of the previous fiscal year to maintaining profitability in the cumulative third-quarter period of the current fiscal year. However, operating profit, ordinary profit and quarterly net income attributable to owners of the parent all declined year on year. - FY2021-Q2WorsenedAnnual report
「As a result, total revenue was ¥2,968 million, down 21.2% year on year. In terms of earnings, although selling, general and administrative expenses declined due to restrictions on sales activities during the COVID-19 pandemic, this was insufficient to offset the decline in revenue. The operating loss was ¥128 million, compared with an operating loss of ¥30 million in the year-earlier period; the ordinary loss was ¥122 million, compared with an ordinary loss of ¥34 million; and the quarterly net loss attributable to owners of the parent was ¥95 million, compared with a quarterly net loss attributable to owners of the parent of ¥44 million. The results were below those of the year-earlier period.」
Revenue declined 21.2% year on year, while the operating loss was ¥128.12 million, the ordinary loss was ¥122.00 million and the quarterly net loss attributable to owners of the parent was ¥95.46 million. Operating, ordinary and net losses all widened from the year-earlier period. - FY2021-Q1WorsenedAnnual report
「As a result, total revenue for the cumulative first-quarter consolidated period was ¥1,003 million, down 23.5% year on year. In terms of earnings, although selling, general and administrative expenses declined due to restrictions on sales activities during the COVID-19 pandemic, this was insufficient to offset the decline in revenue. The operating loss was ¥277 million, compared with an operating loss of ¥238 million in the year-earlier period, and the ordinary loss was ¥264 million, compared with an ordinary loss of ¥240 million. In addition, due mainly to the recording of ¥82 million in adjustments to corporate income taxes, the quarterly net loss attributable to owners of the parent was ¥187 million, compared with a quarterly net loss of ¥177 million attributable to owners of the parent in the year-earlier period. The results were below those of the year-earlier period.」
Revenue declined 23.5% year on year, while the operating loss was ¥277.70 million, the ordinary loss was ¥264.57 million and the quarterly net loss attributable to owners of the parent was ¥187.44 million. Revenue declined and operating, ordinary and net losses widened from the year-earlier period. - FY2020ReframedAnnual report
「In terms of earnings, the increase in revenue and lower selling, general and administrative expenses resulting from initially planned development projects being pushed back to the following fiscal year resulted in operating profit of ¥253 million, up 86.2% year on year; ordinary profit of ¥240 million, up 88.8%; and net income attributable to owners of the parent of ¥189 million, up 260.4%. The results exceeded those of the year-earlier period.」
The earnings position changed from the previous fiscal year’s decline in profit and widening losses to one in which operating profit, ordinary profit and net income attributable to owners of the parent all exceeded the year-earlier period. - FY2020-Q3Update to quarterly earnings resultsAnnual report
「As a result, revenue was ¥6,073 million, down 2.3% year on year. In terms of earnings, selling, general and administrative expenses declined as initially planned development projects were pushed back. Operating profit was ¥190 million, up 14.7% year on year, ordinary profit was ¥190 million, up 19.3%, and quarterly net income attributable to owners of the parent was ¥107 million, up 22.4%. The results exceeded those of the year-earlier period.」
Revenue declined 2.3% year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent all exceeded the year-earlier period due to lower selling, general and administrative expenses associated with development projects being pushed back. - FY2020-Q2ReframedAnnual report
「As a result, revenue was ¥3,764 million, up 6.5% year on year. In terms of earnings, selling, general and administrative expenses declined as development projects initially planned for the first half were pushed back to the second half. The operating loss was ¥30 million, compared with an operating loss of ¥169 million in the year-earlier period; the ordinary loss was ¥34 million, compared with an ordinary loss of ¥171 million; and the quarterly net loss attributable to owners of the parent was ¥44 million, compared with a quarterly net loss attributable to owners of the parent of ¥133 million. The results exceeded those of the year-earlier period.」
Revenue increased 6.5% year on year, while the operating, ordinary and net losses all narrowed from the year-earlier period due to lower selling, general and administrative expenses associated with development projects being pushed back to the second half. - FY2020-Q1Update to quarterly earnings resultsAnnual report
「As a result, revenue was ¥1,310 million, down 5.2% year on year. In terms of earnings, reduced selling, general and administrative expenses resulted in an operating loss of ¥238 million, compared with an operating loss of ¥239 million in the year-earlier period; an ordinary loss of ¥240 million, compared with an ordinary loss of ¥242 million; and a quarterly net loss attributable to owners of the parent of ¥177 million, compared with a quarterly net loss attributable to owners of the parent of ¥176 million. The results were broadly in line with those of the year-earlier period.」
Revenue declined 5.2% year on year. While the operating and ordinary losses narrowed slightly due to lower selling, general and administrative expenses, the quarterly net loss attributable to owners of the parent widened slightly, leaving the overall results broadly in line with the year-earlier period. - FY2019WorsenedAnnual report
「In terms of earnings, mainly due to increased selling, general and administrative expenses resulting from increased development investment, operating profit was ¥136 million, down 40.7% year on year, ordinary profit was ¥127 million, down 42.0%, and net income attributable to owners of the parent was ¥52 million, down 65.0%. The results were below those of the year-earlier period.」
Revenue increased 0.4% year on year, while operating profit, ordinary profit and net income attributable to owners of the parent fell 40.7%, 42.0% and 65.0%, respectively, due to increased selling, general and administrative expenses. - FY2019-Q3WorsenedAnnual report
「In terms of earnings, mainly due to increased selling, general and administrative expenses resulting from increased development investment, operating profit was ¥166 million, down 42.3% year on year, ordinary profit was ¥160 million, down 43.9%, and quarterly net income attributable to owners of the parent was ¥87 million, down 51.2%. The results were below those of the year-earlier period.」
Revenue increased 2.9% year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent declined substantially year on year due to increased selling, general and administrative expenses and other factors. - FY2019-Q2WorsenedAnnual report
「In terms of earnings, increased selling, general and administrative expenses, due mainly to increased development investment, resulted in an operating loss of ¥169 million, compared with an operating loss of ¥19 million in the year-earlier period; an ordinary loss of ¥171 million, compared with an ordinary loss of ¥19 million; and a quarterly net loss attributable to owners of the parent of ¥133 million, compared with a quarterly net loss attributable to owners of the parent of ¥24 million. The results were below those of the year-earlier period.」
Revenue increased 2.2% year on year, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the year-earlier period. - FY2019-Q1WorsenedAnnual report
「As a result, revenue was ¥1,382 million, down 0.9% year on year. In terms of earnings, increased selling, general and administrative expenses, due mainly to increased development investment, resulted in an operating loss of ¥239 million, compared with an operating loss of ¥144 million in the year-earlier period; an ordinary loss of ¥242 million, compared with an ordinary loss of ¥143 million; and a quarterly net loss attributable to owners of the parent of ¥176 million, compared with a quarterly net loss attributable to owners of the parent of ¥120 million. The results were below those of the year-earlier period.」
Revenue declined 0.9% year on year, while the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the year-earlier period. - FY2018ReframedAnnual report
「As a result, revenue for the consolidated fiscal year was ¥8,083 million, up 7.1% year on year. In terms of earnings, operating profit was ¥229 million, down 14.9% year on year, and ordinary profit was ¥219 million, down 12.9%, due mainly to increased development investment. In addition, the company recorded extraordinary income, including compensation for the expropriation of the site of the Atsugi Plant, resulting in net income attributable to owners of the parent of ¥150 million, up 1.6%.」
Revenue increased 7.1% year on year, while operating profit fell 14.9% and ordinary profit fell 12.9% due mainly to increased development investment. Net income attributable to owners of the parent increased 1.6% on compensation for expropriation and other items, changing the composition of profit from the previous year. - FY2018-Q3ReframedAnnual report
「As a result, revenue was ¥6,039 million, up 10.1% year on year. In terms of earnings, as revenue increased, operating profit was ¥288 million, up 17.7% year on year, and ordinary profit was ¥285 million, up 21.8%. Quarterly net income attributable to owners of the parent was ¥180 million, up 38.8%.」
During the cumulative third-quarter period, revenue increased 10.1% year on year, while operating profit, ordinary profit and quarterly net income attributable to owners of the parent increased 17.7%, 21.8% and 38.8%, respectively. The earnings position has shifted to one of year-on-year profit growth. - FY2018-Q2ReframedAnnual report
「As a result, revenue was ¥3,458 million, up 19.4% year on year. In terms of earnings, as revenue increased, the operating loss was ¥19 million, compared with an operating loss of ¥129 million in the year-earlier period, and the ordinary loss was ¥19 million, compared with an ordinary loss of ¥140 million. The quarterly net loss attributable to owners of the parent was ¥24 million, compared with a quarterly net loss attributable to owners of the parent of ¥119 million in the year-earlier period.」
Revenue increased 19.4% year on year, while operating, ordinary and net losses all narrowed from the year-earlier period. However, losses remained during the cumulative second-quarter period. - FY2018-Q1ReframedAnnual report
「As a result, revenue was ¥1,395 million, up 38.4% year on year. In terms of earnings, as revenue increased, the operating loss was ¥144 million, compared with an operating loss of ¥206 million in the year-earlier period, and the ordinary loss was ¥143 million, compared with an ordinary loss of ¥212 million. The quarterly net loss attributable to owners of the parent was ¥102 million, compared with a quarterly net loss attributable to owners of the parent of ¥154 million in the year-earlier period.」
Although operating, ordinary and net losses continued in the first quarter, revenue increased 38.4% year on year and each loss narrowed from the year-earlier period. Compared with the previous fiscal year, which was profitable for the full year, the earnings position has changed, reflecting the difference in periods between the quarter and the full year. - FY2017ReframedAnnual report
「In terms of earnings, operating profit was ¥269 million, up 55.6% year on year, and ordinary profit was ¥252 million, up 63.6%, reflecting improved margins. Net income attributable to owners of the parent was ¥147 million, up 118.3%.」
The company moved from operating, ordinary and net losses in the second quarter to profitability for the full year, with operating profit, ordinary profit and net income attributable to owners of the parent all exceeding the year-earlier period. Revenue declined 0.4% year on year, but improved margins were cited as a factor behind the increase in profit. - FY2017-Q3ReframedAnnual report
「In terms of earnings, the operating profit was ¥244 million, down 7.3% year on year, the ordinary profit was ¥234 million, down 7.0%, and quarterly net income attributable to owners of the parent was ¥129 million, down 9.8%.」
Following the widening of the operating, ordinary and net losses reported for the cumulative second-quarter period, the cumulative third-quarter period shifted to a position of securing operating profit, ordinary profit and quarterly net income attributable to owners of the parent. However, each profit figure declined year on year. - FY2017-Q2First statedAnnual report
「Net sales were ¥2,896 million, down 11.1% year on year. In terms of earnings, the operating loss was ¥129 million, compared with an operating loss of ¥40 million in the same period of the previous year, and the ordinary loss was ¥140 million, compared with an ordinary loss of ¥49 million. The quarterly net loss attributable to owners of the parent was ¥119 million, compared with a quarterly net loss attributable to owners of the parent of ¥57 million in the same period of the previous year.」
Sales in the cumulative second-quarter period decreased 11.1% year on year, and the operating loss, ordinary loss and quarterly net loss attributable to owners of the parent all widened from the same period of the previous year.