Komori
Tsukamoto Corporation (8025) · InitiativeAdvancedLatest Earnings (2026-08-07): "Worsened"

Development of new products and establishment of a profitable health and lifestyle business

First written in FY2016. 19 of 39 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-08-07.

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ProgressHeldSoftenedWorseWorsenedFY2022-Q3 – FY2026-H12016: 320162017: 420172018: 420182019: 420192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 42026
Same theme, other companies
Achieving profitability through new product development in the health and lifestyle businessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

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  1. 2026-08-07WorsenedEarnings

    「テレビ等の通信販売およびEC販売が堅調に推移したことにより増収となりました。一方で、円安やエネルギー価格の上昇等による製造原価の増加に対し販売価格への転嫁が十分に進まず、損失が拡大いたしました。」

    通信販売・EC販売は堅調で増収となった一方、円安・エネルギー価格上昇による原価増を販売価格へ十分転嫁できず、営業損失は161百万円から165百万円へ拡大した。
  2. FY2026AdvancedAnnual report

    「In the health and lifestyle business, sales to consumer electronics retailers remained weak, but revenue increased and profitability improved as orders for sauna equipment remained solid. As a result, revenue in this business was ¥2,614 million, up 7.9% from the previous fiscal year, and the segment loss (operating loss) was ¥317 million, compared with a segment loss of ¥473 million in the previous consolidated fiscal year.」

    Solid orders for sauna equipment drove higher revenue in the health and lifestyle business, while the operating loss narrowed from ¥473 million to ¥317 million. However, the business remained loss-making.
  3. FY2026-H1WorsenedAnnual report

    「In the health and lifestyle business, orders for sauna equipment remained solid, but weak mail-order sales of televisions and other products, as well as weak sales through GMS and consumer electronics retailers, resulted in lower revenue. As a result, revenue in this business was ¥1,241 million, down 3.2% year on year, and the segment loss (operating loss) was ¥185 million, compared with a segment loss of ¥176 million in the same period of the previous year.」

    Orders for sauna equipment remained solid, but weak sales of televisions through mail order, GMS and consumer electronics retailers caused revenue to decline 3.2% and the operating loss to widen from ¥176 million to ¥185 million.
  4. FY2025WorsenedAnnual report

    「In the health and lifestyle business, sales through GMS and consumer electronics retailers remained solid, but the significant impact of weak mail-order sales of televisions and other products led to lower revenue and a larger loss. As a result, revenue in this business was ¥2,423 million, down 6.5% from the previous fiscal year, and the segment loss (operating loss) was ¥473 million, compared with a segment loss of ¥339 million in the previous consolidated fiscal year.」

    Although in-store sales remained solid, revenue declined due to weak mail-order sales of televisions and other products, and the operating loss widened from ¥339 million to ¥473 million.
  5. FY2025-H1WorsenedAnnual report

    「In the health and lifestyle business, sales through GMS and consumer electronics retailers remained strong, but the significant impact of weak mail-order sales of televisions and other products led to lower revenue and a larger loss. As a result, revenue in this business was ¥1,283 million, down 7.9% year on year, and the segment loss (operating loss) was ¥176 million, compared with a segment loss of ¥144 million in the same period of the previous year.」

    Sales through GMS and consumer electronics retailers were strong, but weak mail-order sales of the core television products caused revenue to fall 7.9% and the operating loss to widen from ¥144 million to ¥176 million.
  6. FY2024WorsenedAnnual report

    「Although sales at GMS and consumer electronics retailers performed well, the health and lifestyle business posted substantially lower revenue due to the significant impact of weak direct-response sales through television and other channels, its main sales channel. As a result, revenue in this business segment was ¥2,401 million, down 25.4% from the previous fiscal year, and the segment loss (operating loss) was ¥339 million, compared with a segment loss of ¥254 million in the previous consolidated fiscal year.」

    Although sales at GMS and consumer electronics retailers performed well, weak direct-response sales through television and other channels, the main sales channel, reduced revenue 25.4% from the previous fiscal year and widened the operating loss from ¥254 million to ¥339 million.
  7. FY2024-Q3WorsenedAnnual report

    「Although sales at GMS and consumer electronics retailers performed well, the health and lifestyle business posted substantially lower revenue due to weak direct-response sales through television and other channels, its main sales channel. As a result, revenue in this business segment was ¥1,836 million, down 28.7% year on year, and the segment loss (operating loss) was ¥375 million, compared with a segment loss of ¥200 million in the same period of the previous year.」

    Although sales at GMS and consumer electronics retailers performed well, weak direct-response sales through television and other channels, the main sales channel, reduced revenue 28.7% year on year and widened the operating loss from ¥200 million to ¥375 million.
  8. FY2024-Q2WorsenedAnnual report

    「Although sales at GMS and consumer electronics retailers performed well, the health and lifestyle business posted substantially lower revenue due to the significant impact of weak direct-response sales through television and other channels, its main sales channel. As a result, revenue in this business segment was ¥1,307 million, down 22.6% year on year, and the segment loss (operating loss) was ¥140 million, compared with a segment loss of ¥95 million in the same period of the previous year.」

    Although sales at GMS and consumer electronics retailers performed well, weak direct-response sales through television and other channels, the main sales channel, reduced revenue 22.6% and widened the operating loss from ¥95 million to ¥140 million.
  9. FY2024-Q1WorsenedAnnual report

    「Although sales at consumer electronics retailers and online performed well, the health and lifestyle business posted lower revenue and a larger loss due to the significant impact of weak direct-response sales through television and other channels. As a result, revenue in this business segment was ¥617 million, down 8.5% year on year, and the segment loss (operating loss) was ¥152 million, compared with a segment loss of ¥129 million in the same period of the previous year.」

    Although consumer electronics retail and online sales performed well, weak direct-response sales through television and other channels reduced revenue 8.5% year on year and widened the operating loss from ¥129 million to ¥152 million.
  10. FY2023WorsenedAnnual report

    「The health and lifestyle business posted substantially lower profit as revenue declined partly due to weak direct-response sales through television and other channels, while the sharp rise in product costs caused by the weaker yen and higher raw-material prices reduced profit margins. As a result, revenue in this business segment was ¥3,219 million, down 15.9% from the previous fiscal year, and the segment loss (operating loss) was ¥254 million, compared with segment profit of ¥5 million in the previous consolidated fiscal year.」

    Weak direct-response sales and higher product costs due to the weaker yen and elevated raw-material prices shifted the health and lifestyle business from operating profit of ¥5 million in the previous fiscal year to an operating loss of ¥254 million.
  11. FY2023-Q3WorsenedAnnual report

    「The health and lifestyle business posted substantially lower profit as revenue declined partly due to weak direct-response sales through television and other channels, while the sharp rise in product costs caused by the weaker yen and higher raw-material prices reduced profit margins. As a result, revenue in this business segment was ¥2,576 million, down 8.2% year on year, and the segment loss (operating loss) was ¥200 million, compared with a segment loss of ¥49 million in the same period of the previous year.」

    Weak direct-response sales and higher product costs due to the weaker yen and elevated raw-material prices widened the operating loss from ¥49 million to ¥200 million in the same period of the previous year.
  12. FY2023-Q2WorsenedAnnual report

    「The health and lifestyle business posted substantially lower profit as revenue declined partly due to weak direct-response sales through television and other channels, while the sharp rise in product costs caused by the weaker yen and higher raw-material prices reduced profit margins. As a result, revenue in this business segment was ¥1,688 million, down 1.2% year on year, and the segment loss (operating loss) was ¥95 million, compared with segment profit of ¥13 million in the same period of the previous year.」

    Weak direct-response sales and higher product costs due to the weaker yen and elevated raw-material prices shifted operating results from a ¥13 million profit to a ¥95 million loss.
  13. FY2023-Q1WorsenedAnnual report

    「The health and lifestyle business posted lower revenue and profit due to weak direct-response sales through television and other channels, which had performed well in the previous consolidated fiscal year, as well as a sharp rise in product costs caused by higher raw-material prices and other factors. As a result, revenue in this business segment was ¥674 million, down 10.5% year on year, and the segment loss (operating loss) was ¥129 million, compared with a segment loss of ¥24 million in the same period of the previous year.」

    Weak direct-response sales and higher product costs due to elevated raw-material prices reduced revenue 10.5% year on year and widened the operating loss from ¥24 million to ¥129 million.
  14. FY2022WorsenedAnnual report

    「Although direct-response sales remained strong as the range of products handled expanded despite a slowdown in stay-at-home demand, the business posted lower revenue and profit because in-store sales of humidifiers and hygiene products were weak and expenses increased due to investment in new businesses.」

    Although direct-response sales remained strong, weak in-store sales and higher expenses from investment in new businesses reduced revenue from ¥3,943 million to ¥3,827 million and operating profit from ¥49 million to ¥5 million.
  15. FY2022-Q3WorsenedAnnual report

    「The health and lifestyle business posted lower revenue and profit as stay-at-home demand eased and Web sales fell below the previous year’s level. As a result, revenue in this business segment was ¥2,807 million, compared with ¥3,038 million in the same period of the previous year, and the segment loss (operating loss) was ¥49 million, compared with segment profit of ¥67 million in the same period of the previous year.」

    As stay-at-home demand eased and Web sales declined, the health and lifestyle business shifted from operating profit of ¥67 million in the same period of the previous year to an operating loss of ¥49 million.
  16. FY2022-Q2Slight profit decline as Web sales fell despite a recovery in in-store salesAnnual report

    「The health and lifestyle business posted revenue broadly in line with the same period of the previous year. Although Web sales fell below the previous year’s level and revenue declined as stay-at-home demand eased, signs of a recovery in in-store sales at consumer electronics retailers and GMS also emerged. As a result, revenue in this business segment was ¥1,709 million, compared with ¥1,774 million in the same period of the previous year, and segment profit (operating profit) was ¥13 million, compared with segment profit of ¥15 million in the same period of the previous year.」

    Web sales declined as stay-at-home demand eased, resulting in slight decreases in revenue and operating profit, while signs of a recovery emerged in in-store sales at consumer electronics retailers and GMS.
  17. FY2022-Q1AdvancedAnnual report

    「The health and lifestyle business posted higher revenue and improved earnings as direct-response sales through television and other channels remained firm and signs of a recovery emerged in in-store sales at consumer electronics retailers and GMS. As a result, revenue in this business segment was ¥754 million, compared with ¥742 million in the same period of the previous year, and the segment loss (operating loss) was ¥24 million, compared with a segment loss of ¥41 million in the same period of the previous year.」

    Firm direct-response sales and signs of a recovery in in-store sales increased revenue from ¥742 million to ¥754 million, while the operating loss narrowed from ¥41 million to ¥24 million.
  18. FY2021-Q3AdvancedAnnual report

    「Although in-store sales at GMS and consumer electronics retailers were affected by COVID-19, EC channels and TV shopping performed well due to increased stay-at-home demand and other factors, resulting in substantial increases in both revenue and profit. As a result, revenue in this business segment was ¥3,038 million, up 26.7% year on year, and segment profit (operating profit) was ¥67 million, compared with a segment loss of ¥139 million in the same period of the previous year.」

    Strong EC and TV shopping sales lifted revenue 26.7% year on year, while operating results improved from a ¥139 million loss to a ¥67 million profit.
  19. FY2021-Q2AdvancedAnnual report

    「Although in-store sales at GMS and consumer electronics retailers were affected by COVID-19, EC channels and TV shopping remained firm due to increased stay-at-home demand and other factors, keeping both revenue and profit broadly at the previous year’s levels. As a result, revenue in this business segment was ¥1,774 million, down 0.1% year on year, and segment profit (operating profit) was ¥15 million, compared with segment profit of ¥9 million in the same period of the previous year.」

    Despite the impact on in-store sales, EC channels and television shopping remained firm, and operating profit increased from ¥9 million to ¥15 million in the same period of the previous year.
  20. FY2021-Q1AdvancedAnnual report

    「The health and lifestyle business posted higher revenue and improved earnings as health equipment and hygiene products performed well in television and other direct-response sales and online sales. As a result, revenue in this business segment was ¥742 million, up 42.4% year on year, and the segment loss (operating loss) was ¥41 million, compared with a segment loss of ¥113 million in the same period of the previous year.」

    Strong direct-response and online sales of health equipment and hygiene products lifted revenue 42.4%, while the operating loss narrowed from ¥113 million to ¥41 million.
  21. FY2020WorsenedAnnual report

    「Revenue in the health and lifestyle business increased slightly, centered on water purifiers and existing health equipment, but the business recorded a loss due to higher promotional expenses, lower margins on existing health equipment, and lost sales opportunities in the spring sales season caused by production delays for new products following the spread of COVID-19 in China. As a result, revenue in this business segment was ¥3,247 million, up 3.8% from the previous fiscal year, and the segment loss (operating loss) was ¥87 million, compared with segment profit of ¥78 million in the previous consolidated fiscal year.」

    Although revenue increased, higher promotional expenses, lower margins and lost sales opportunities caused by production delays in China shifted operating results from a ¥78 million profit in the previous fiscal year to a ¥87 million loss.
  22. FY2020-Q3WorsenedAnnual report

    「The health and lifestyle business posted higher revenue, centered on water purifiers and existing health equipment, but higher promotional expenses and lower margins on existing health equipment weighed on earnings, resulting in higher revenue but lower profit. As a result, revenue was ¥2,399 million, an increase of ¥271 million, or 12.8%, from the same quarter of the previous year, while the segment loss (operating loss) was ¥139 million, a deterioration of ¥96 million from the same quarter of the previous year, when the segment loss was ¥42 million.」

    Revenue from water purifiers and existing health equipment rose 12.8%, but higher promotional expenses and lower margins on existing health equipment widened the operating loss from ¥42 million to ¥139 million.
  23. FY2020-Q2AdvancedAnnual report

    「The health and lifestyle business posted substantially higher revenue, centered on water purifiers and existing health equipment, but profit did not increase substantially because margins on existing health equipment declined. Nevertheless, the business posted higher revenue and profit. As a result, revenue was ¥1,775 million, an increase of ¥425 million, or 31.6%, from the same quarter of the previous year, while segment profit (operating profit) was ¥9 million, an increase of ¥8 million from the same quarter of the previous year, when segment profit was ¥0 million.」

    Sales of water purifiers and existing health equipment lifted revenue 31.6%, and operating results improved from approximately breakeven in the same period of the previous year to a ¥9 million profit. The disclosure also noted lower margins on existing health equipment.
  24. FY2020-Q1WorsenedAnnual report

    「Revenue in the health and lifestyle business remained broadly at the previous year’s level, centered on water purifiers and health equipment, but profitability was under pressure from higher promotional expenses for water purifiers and other factors. As a result, revenue was ¥521 million, a decline of ¥6 million, or 1.2%, from the same quarter of the previous year, and the segment loss (operating loss) was ¥113 million, compared with a segment loss of ¥70 million in the same quarter of the previous year.」

    Revenue was broadly unchanged year on year, but the operating loss widened from ¥70 million to ¥113 million due to higher promotional expenses for water purifiers and other factors.
  25. FY2019AdvancedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted higher revenue and profit. Although delays in developing products for television shopping resulted in lost sales opportunities, water purifier sales through online channels and in the GMS and consumer electronics retail markets remained strong. As a result, revenue was ¥3,128 million, an increase of ¥186 million, or 6.3%, from the previous consolidated fiscal year, while segment profit (operating profit) was ¥78 million, an increase of ¥48 million from the previous consolidated fiscal year, when segment profit was ¥29 million.」

    Although delays in developing products for television shopping and lost sales opportunities remained, strong online, GMS and consumer electronics retail sales of water purifiers drove segment profit from ¥29.279 million to ¥78.119 million.
  26. FY2019-Q3WorsenedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted higher revenue as lost sales opportunities for high-margin products in the television shopping market were offset by water purifier sales through online channels and in the GMS and consumer electronics retail markets, but profit declined as margins fell. As a result, revenue was ¥2.128 billion, an increase of ¥60 million, or 2.9%, from the same quarter of the previous year, while the segment loss (operating loss) was ¥42 million, a deterioration of ¥6 million from the same quarter of the previous year, when the segment loss was ¥36 million.」

    Water purifier sales through online channels and at GMS and consumer electronics retailers drove higher revenue, but lost sales opportunities in television shopping reduced profit margins, widening the operating loss from ¥36 million to ¥42 million in the same quarter of the previous year.
  27. FY2019-Q2AdvancedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted higher revenue and profit. Although the launch of new products in the television shopping market was somewhat delayed, sales of water purifiers through online channels and in the GMS and consumer electronics retail markets remained strong. As a result, revenue was ¥1.349 billion, an increase of ¥45 million, or 3.5%, from the same quarter of the previous year, while segment profit (operating profit) was ¥0 million, an improvement of ¥15 million from the same quarter of the previous year, when the segment loss (operating loss) was ¥14 million.」

    Although the launch of new products was somewhat delayed, strong water purifier sales improved results from a ¥14.16 million loss in the same period of the previous year to segment profit of ¥969,000.
  28. FY2019-Q1WorsenedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted lower revenue and profit as sales of new products intended to replace the health equipment that had performed well in the same quarter of the previous year struggled. As a result, revenue was ¥527 million, a decline of ¥5 million, or 1.0%, from the same quarter of the previous year, while the segment loss (operating loss) was ¥70 million, a deterioration of ¥24 million from the same quarter of the previous year, when the segment loss was ¥46 million.」

    Sales of new products intended to replace the health equipment that had performed well in the same quarter of the previous year struggled, causing revenue to fall 1.0% and the operating loss to widen from ¥46 million to ¥70 million.
  29. FY2018AchievedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted higher revenue and profit as sales of new health equipment remained strong, returning the business to profitability.」

    Strong sales of new health equipment enabled the health and lifestyle business to report annual segment profit of ¥29.279 million, returning it to profitability from a loss in the previous fiscal year.
  30. FY2018-Q3AdvancedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted higher revenue and improved earnings as sales of new health equipment remained strong. As a result, revenue was ¥2.067 billion, an increase of ¥270 million, or 15.0%, from the same quarter of the previous year, while the segment loss (operating loss) was ¥36 million, an improvement of ¥161 million from the same quarter of the previous year, when the segment loss was ¥197 million.」

    Strong sales of new health equipment led to higher revenue, and the segment loss improved by ¥161 million year on year. However, the business still recorded a loss of ¥36 million.
  31. FY2018-Q2AdvancedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted higher revenue and improved earnings as sales of new health equipment remained strong. As a result, revenue was ¥1.303 billion, an increase of ¥219 million, or 20.2%, from the same quarter of the previous year, while the segment loss (operating loss) was ¥14 million, an improvement of ¥160 million from the same quarter of the previous year, when the segment loss was ¥174 million.」

    Strong sales of new health equipment led to higher revenue, and the operating loss narrowed to ¥14 million, but the business remained loss-making.
  32. FY2018-Q1AdvancedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted higher revenue and improved earnings as sales of new health equipment remained strong. As a result, revenue was ¥533 million, an increase of ¥39 million, or 8.1%, from the same quarter of the previous year, while the segment loss (operating loss) was ¥46 million, an improvement of ¥52 million from the same quarter of the previous year, when the segment loss was ¥98 million.」

    Strong sales of new health equipment led to higher revenue, and the operating loss improved by ¥52 million year on year. However, the business remained loss-making.
  33. FY2017AdvancedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted lower revenue because sales of cleaners and new massage machines at consumer electronics retailers fell below the initial plan, but earnings improved partly due to the effects of expense reductions. As a result, revenue was ¥2.711 billion, down 8.2% from the previous fiscal year, and the segment loss (operating loss) was ¥141 million, compared with a segment loss of ¥190 million in the previous consolidated fiscal year.」

    Sales fell below plan and the business did not achieve profitability, but the operating loss narrowed year on year due to expense reductions.
  34. FY2017-Q3SoftenedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted lower revenue because sales of cleaners and new massage machines at consumer electronics retailers fell below the initial plan. As a result, revenue was ¥1.796 billion, a decline of ¥299 million, or 14.3%, from the same quarter of the previous year, while the segment loss (operating loss) was ¥197 million, a deterioration of ¥6 million from the same quarter of the previous year, when the segment loss (operating loss) was ¥190 million.」

    Sales of cleaners and new massage machines fell below the initial plan, resulting in lower revenue. The operating loss also widened from the same quarter of the previous year, indicating weaker progress toward making the business profitable.
  35. FY2017-Q2SoftenedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted lower revenue because sales of cleaners and new massage machines at consumer electronics retailers fell below the initial plan. As a result, revenue was ¥1.084 billion, a decline of ¥130 million, or 10.8%, from the same quarter of the previous year, while the segment loss (operating loss) was ¥174 million, an improvement of ¥3 million from the same quarter of the previous year, when the segment loss (operating loss) was ¥177 million.」

    Sales fell below the initial plan, resulting in lower revenue, and the operating loss remained, so progress toward making the business profitable was limited.
  36. FY2017-Q1SoftenedAnnual report

    「The health and lifestyle business at ツカモトエイム株式会社 posted lower revenue as delays in developing new products had an impact.」

    The delay in developing new products was explicitly identified, and the health and lifestyle business remains loss-making, indicating limited progress toward becoming profitable.
  37. FY2016First statedAnnual report

    「The health and lifestyle business will accelerate the development of new products that meet market needs and work to establish a stable, profitable business structure.」

    The company is accelerating the development of new products, with the goal of establishing a stable, profitable business.
Moved together

"Restructuring Sales Channels and Product Mix in the Apparel Business and Improving Profitability" moved the same way as this thread, in the same document, in 20 of its 39 moves.

201715131211★123456
  1. ★This thread
  2. 1Restructuring Sales Channels and Product Mix in the Apparel Business and Improving Profitability20×
  3. 2Turning the kimono business profitable and restructuring the business organization17×
  4. 3Struggles in the Sales Division and Declining Profitability15×
  5. 4Private Consumption Trends Driven by Domestic Economic Fluctuations13×
  6. 5Revenue Base from the Real Estate Leasing Business12×
  7. 6Improving profitability by narrowing the store base to profitable locations and reducing costs11×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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