Profit Improvement and Higher Net Income Despite Declining Sales
First written in FY2017. 13 of 34 entries say "Worsened", first in FY2018-Q2. Latest entry: 2026-11-06.
Yokohama Maruuo moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 29 of 117 companies on the "Worse" side.
16 other companies' latest entry also says "Cited as achieved".
- 2026-11-06Cited as achievedResults
「売上高は20,400百万円と前中間連結会計期間に比べ1,655百万円（8.8％）の増収となりました。また、営業利益は205百万円と前中間連結会計期間に比べ72百万円（54.3％）、経常利益は517百万円と前中間連結会計期間に比べ157百万円（43.7％）、親会社株主に帰属する中間純利益は348百万円と前中間連結会計期間に比べ117百万円（51.0％）、それぞれ増益となりました。」
中間期は増収・営業増益・経常増益・親会社株主帰属中間純利益増益となった実績を示している。 - FY2026MitigatedAnnual report
「As a result, revenue for the fiscal year was ¥40,643 million, an increase of ¥801 million, or 2.0%, from the previous fiscal year. Earnings also increased: operating income was ¥462 million, up ¥107 million, or 30.4%; ordinary income was ¥907 million, up ¥196 million, or 27.7%; and net income attributable to owners of the parent was ¥612 million, up ¥104 million, or 20.5%.」
For the full year, revenue rose 2.0%, operating income rose 30.4%, ordinary income rose 27.7%, and net income attributable to owners of the parent rose 20.5%, representing further revenue and earnings growth from the previous year. - 2026-05-12Cited as achievedResults
「営業利益は462百万円と前連結会計年度に比べ107百万円（前年同期比30.4％増）、経常利益は907百万円と前連結会計年度に比べ196百万円（前年同期比27.7％増）、親会社株主に帰属する当期純利益は612百万円と前連結会計年度に比べ104百万円（前年同期比20.5％増）それぞれ増益となりました。」
前年度に続く増収・増益を通期実績として記載している。 - FY2026-H1Revenue growth and operating profit decline, ordinary profit growthAnnual report
「Revenue for the six-month interim consolidated period was ¥18,745 million, a decrease of ¥160 million, or 0.9%, from the previous interim period. Operating income was ¥132 million, a decrease of ¥3 million, or 2.6%, partly due to the absence of special factors such as the reversal of the allowance for doubtful accounts following the collection of receivables in the previous interim period. Ordinary income increased to ¥360 million, up ¥43 million, or 13.8%, owing mainly to increased dividends on investment securities held by the company.」
Revenue fell 0.9% and operating income fell 2.6%, while ordinary income rose 13.8% due mainly to higher dividend income. Operating performance deteriorated slightly from the previous interim period, but improved at the ordinary income level. - FY2025MitigatedAnnual report
「As a result, revenue for the fiscal year was ¥39,841 million, an increase of ¥1,227 million, or 3.2%, from the previous fiscal year. Earnings also increased: operating income was ¥354 million, up ¥77 million, or 28.0%; ordinary income was ¥710 million, up ¥135 million, or 23.6%; and net income attributable to owners of the parent was ¥508 million, up ¥98 million, or 24.1%.」
Revenue increased 3.2%, operating income rose 28.0%, ordinary income rose 23.6%, and net income attributable to owners of the parent rose 24.1%. Revenue and earnings continued to grow following the previous year’s earnings improvement. - FY2025-H1MitigatedAnnual report
「As a result, revenue for the six-month interim consolidated period was ¥18,906 million, an increase of ¥207 million, or 1.1%, from the previous interim period. Regarding earnings, operating income was ¥136 million, an increase of ¥38 million, or 39.2%, due to higher revenue and an improved gross profit margin. Ordinary income was ¥316 million, an increase of ¥77 million, or 32.3%, and interim net income attributable to owners of the parent was ¥231 million, an increase of ¥64 million, or 38.3%.」
Revenue increased 1.1%, operating income rose 39.2%, ordinary income rose 32.3%, and interim net income attributable to owners of the parent rose 38.3%. Higher revenue and the improved gross profit margin supported continued earnings improvement. - FY2024MitigatedAnnual report
「Revenue for the fiscal year was ¥38,614 million, a decrease of ¥2,056 million, or 5.1%, from the previous fiscal year. Regarding earnings, operating income was ¥277 million, an increase of ¥154 million, or 125.3%, due to the improved gross profit margin. Ordinary income was ¥575 million, an increase of ¥124 million, or 27.6%, and net income attributable to owners of the parent was ¥409 million, an increase of ¥31 million, or 8.4%.」
Revenue fell 5.1%, while operating income rose 125.3%, ordinary income rose 27.6%, and net income attributable to owners of the parent rose 8.4% due to the improved gross profit margin. - FY2024-Q3MitigatedAnnual report
「As a result, revenue for the first nine months of the fiscal year was ¥29,774 million, a decrease of ¥1,478 million, or 4.7%, from the previous third-quarter period. Regarding earnings, operating income was ¥244 million, an increase of ¥119 million, or 95.4%, due to the improved gross profit margin. Ordinary income was ¥543 million, an increase of ¥92 million, or 20.4%, and quarterly net income attributable to owners of the parent was ¥400 million, an increase of ¥16 million, or 4.3%.」
Revenue fell 4.7%, while operating income rose 95.4%, ordinary income rose 20.4%, and quarterly net income attributable to owners of the parent rose 4.3% due to the improved gross profit margin. Earnings continued to improve. - FY2024-Q2MitigatedAnnual report
「As a result, revenue for the first six months of the fiscal year was ¥18,698 million, an increase of ¥400 million, or 2.2%, from the previous first-half period. Regarding earnings, operating income recovered to ¥98 million, an improvement of ¥180 million from the previous first-half period’s operating loss of ¥82 million, owing to higher revenue and an improved gross profit margin. Ordinary income was ¥239 million, an increase of ¥116 million, or 94.4%, and quarterly net income attributable to owners of the parent was ¥167 million, an increase of ¥67 million, or 68.0%.」
Revenue increased 2.2%, and operating income recovered from an operating loss of ¥82 million in the same period of the previous year to ¥98 million. Ordinary income rose 94.4% and quarterly net income attributable to owners of the parent rose 68.0%, with earnings continuing to improve after deteriorating through the previous fiscal year. - FY2024-Q1MitigatedAnnual report
「Revenue was ¥9,136 million, an increase of ¥93 million, or 1.0%, from the previous first-quarter period. Operating income recovered to ¥37 million, an improvement of ¥83 million from the previous first-quarter period’s operating loss of ¥46 million. Ordinary income was ¥188 million, an increase of ¥31 million, or 20.2%.」
Revenue increased 1.0%, and earnings recovered from an operating loss to operating income. Ordinary income also rose 20.2%. Quarterly net income attributable to owners of the parent fell 10.5% due to impairment losses on operating assets. - FY2023-Q3MitigatedAnnual report
「As a result, revenue for the first nine months of the fiscal year was ¥31,252 million, an increase of ¥1,764 million, or 6.0%, from the previous third-quarter period. Regarding earnings, operating income recovered to ¥125 million, an improvement of ¥172 million from the previous third-quarter period’s operating loss of ¥46 million, owing to higher revenue and an improved gross profit margin. Ordinary income was ¥450 million, an increase of ¥250 million, or 124.8%, and quarterly net income attributable to owners of the parent was ¥384 million, an increase of ¥122 million, or 47.1%.」
Revenue increased 6.0%, and operating income recovered from an operating loss of ¥46 million in the same period of the previous year to operating income of ¥125 million. Ordinary income rose 124.8%, and quarterly net income attributable to owners of the parent rose 47.1%, with earnings continuing to improve after deteriorating through the previous fiscal year. - FY2023-Q2MitigatedAnnual report
「As a result, revenue for the first six months of the fiscal year was ¥18,298 million, an increase of ¥1,163 million, or 6.8%, from the previous first-half period. Regarding earnings, the operating loss improved to ¥82 million, an improvement of ¥125 million from the previous first-half period’s operating loss of ¥208 million, owing to higher revenue and an improved gross profit margin.」
Revenue increased 6.8%, and the operating loss improved by ¥125 million from ¥208 million to ¥82 million due to the improved gross profit margin. Ordinary income and quarterly net income attributable to owners of the parent also recovered from losses and low levels in the same period of the previous year. - FY2023-Q1MitigatedAnnual report
「As a result, revenue for the first quarter of the fiscal year was ¥9,042 million, an increase of ¥901 million, or 11.1%, from the previous first-quarter period. The operating loss improved to ¥46 million, an improvement of ¥76 million from the previous first-quarter period’s operating loss of ¥122 million. Ordinary income was ¥156 million, an increase of ¥139 million, or 808.2%. Quarterly net income attributable to owners of the parent was ¥125 million, an increase of ¥113 million, or 903.0%.」
Revenue increased 11.1%, the operating loss improved from ¥122 million to ¥46 million, ordinary income rose 808.2%, and quarterly net income attributable to owners of the parent rose 903.0%. Earnings improved this quarter after deteriorating through the previous fiscal year. - FY2022WorsenedAnnual report
「Revenue for the fiscal year was ¥37,592 million. Operating loss was ¥152 million, a deterioration of ¥67 million from the previous fiscal year’s operating loss of ¥84 million. Ordinary income was ¥98 million, a decrease of ¥119 million, or 54.8%, from the previous fiscal year. Net income attributable to owners of the parent was ¥160 million, a decrease of ¥130 million, or 44.8%.」
For the full year, revenue was ¥37,592 million and operating loss was ¥152 million, widening from ¥84 million in the previous year. Ordinary income fell 54.8% and net income attributable to owners of the parent fell 44.8%, indicating continued deterioration in earnings. - FY2022-Q3WorsenedAnnual report
「As a result, revenue for the first nine months of the fiscal year was ¥29,487 million. Due to factors including a decline in the gross profit margin because the company was unable to fully pass on higher fish prices for fresh fish and raw materials to selling prices, operating loss was ¥46 million, a deterioration of ¥8 million from the previous third-quarter period’s operating loss of ¥38 million. Ordinary income was ¥200 million, a decrease of ¥9 million, or 4.4%. Quarterly net income attributable to owners of the parent was ¥261 million, a decrease of ¥31 million, or 10.9%. Overall, revenue increased and profit declined, based on a revenue comparison assuming that the revenue recognition accounting standard and related standards had been applied in the previous third-quarter period.」
On a comparison after the application of the revenue recognition accounting standard, revenue increased, while the operating loss widened from ¥38 million to ¥46 million due to factors including a decline in the gross profit margin caused by insufficient pass-through of higher fish prices. Ordinary income fell 4.4%, and quarterly net income attributable to owners of the parent fell 10.9%. - FY2022-Q2WorsenedAnnual report
「As a result, revenue for the first six months of the fiscal year was ¥17,134 million. The operating loss was ¥208 million, a deterioration of ¥105 million from the previous first-half period’s operating loss of ¥102 million, owing to factors including a decline in the gross profit margin because the company was unable to fully pass on higher fish prices for fresh fish and raw materials to selling prices, as well as additional provisions for doubtful accounts. Ordinary loss was ¥65 million, a deterioration of ¥101 million from ordinary income of ¥36 million in the previous first-half period. Quarterly net income attributable to owners of the parent was ¥4 million, a decrease of ¥21 million, or 83.3%.」
On a comparison after the application of the revenue recognition accounting standard, revenue increased, while the operating loss widened from ¥102 million to ¥208 million and ordinary income turned from ¥36 million into a ¥65 million loss. Quarterly net income attributable to owners of the parent also fell 83.3%. - FY2022-Q1MitigatedAnnual report
「As a result, revenue for the first quarter of the fiscal year was ¥8,141 million. The operating loss improved to ¥122 million, an improvement of ¥5 million from the ¥128 million operating loss in the same period of the previous year. Ordinary income was ¥17 million, an increase of ¥15 million from ordinary income of ¥1 million in the same period of the previous year. Quarterly net income attributable to owners of the parent recovered to ¥12 million, an improvement of ¥19 million from the ¥7 million quarterly net loss attributable to owners of the parent in the same period of the previous year.」
Although direct comparisons of revenue are constrained by the application of the revenue recognition accounting standard, the operating loss improved from ¥128 million to ¥122 million, ordinary income was ¥17 million, and quarterly net income attributable to owners of the parent recovered to ¥12 million. - FY2021Operating loss widened, while ordinary and net income increasedAnnual report
「As a result, revenue for the fiscal year ended was ¥41,286 million, a decrease of ¥5,525 million, or 11.8%, from the previous fiscal year. Operating loss was ¥84 million, a decrease in profit of ¥37 million from the previous fiscal year’s operating loss of ¥47 million, due to the decline in gross profit accompanying the decrease in revenue. Ordinary income was ¥217 million, an increase of ¥5 million, or 2.4%, from the previous fiscal year, reflecting dividend income from shares held. Net income attributable to owners of the parent was ¥290 million, an increase of ¥207 million, or 251.1%, reflecting gains on the sale of investment securities.」
Revenue fell 11.8%, and the operating loss widened from ¥47 million to ¥84 million, while ordinary income rose 2.4% on dividend income and net income attributable to owners of the parent rose 251.1% on gains from the sale of investment securities. - FY2021-Q3WorsenedAnnual report
「As a result, consolidated net sales for the cumulative third quarter decreased to ¥32,168 million, down ¥4,524 million, or 12.3%, from the same period of the previous year. The operating loss was ¥38 million, compared with operating profit of ¥143 million in the previous year, while ordinary profit decreased to ¥209 million, down ¥189 million, or 47.4%.」
For the cumulative third quarter, net sales declined 12.3%, operating profit fell from ¥143 million in the previous year to an operating loss of ¥38 million, and ordinary profit declined 47.4%. Net income attributable to owners of the parent increased 14.1% due to gains on the sale of investment securities and other items, but operating and ordinary profit performance deteriorated. - FY2021-Q2WorsenedAnnual report
「Consolidated net sales for the cumulative second quarter decreased to ¥18,535 million, down ¥4,301 million, or 18.8%, from the same period of the previous year. The operating loss was ¥102 million, compared with the previous year’s operating profit of ¥7 million, while ordinary profit decreased to ¥36 million, down ¥120 million, or 76.9%, and net income attributable to owners of the parent decreased to ¥25 million, down ¥99 million, or 79.2%.」
Net sales declined 18.8%, the company swung to an operating loss, ordinary profit declined 76.9%, and net income attributable to owners of the parent declined 79.2%. Results deteriorated further from the previous situation of improving profit despite lower sales. - FY2021-Q1WorsenedAnnual report
「As a result, operating results for the cumulative first quarter were as follows: net sales decreased to ¥8,434 million, down ¥3,111 million, or 26.9%, from the same period of the previous year; the operating loss was ¥128 million, a ¥117 million deterioration from the previous year’s operating loss of ¥10 million; ordinary profit was ¥1 million, down ¥135 million, or 99.0%; and net loss attributable to owners of the parent was ¥7 million, compared with net income attributable to owners of the parent of ¥80 million in the previous year.」
Net sales declined 26.9%, the operating loss was ¥128 million, and net loss attributable to owners of the parent was ¥7 million. Results deteriorated from the previous year’s operating loss of ¥10 million and net income of ¥80 million. - FY2020WorsenedAnnual report
「Consolidated net sales for the current fiscal year decreased to ¥46,812 million, down ¥2,821 million, or 5.7%, from the previous fiscal year. In addition to the decline in gross profit accompanying lower sales, the company recorded a ¥114 million provision for the allowance for doubtful accounts in selling, general and administrative expenses, reflecting concerns about customers’ deteriorating cash positions due to the spread of COVID-19. As a result, the operating loss was ¥47 million, a decline of ¥232 million from the previous year’s operating profit of ¥185 million, and ordinary profit decreased to ¥212 million, down ¥221 million, or 51.0%. Net income attributable to owners of the parent also decreased to ¥82 million, down ¥324 million, or 79.7%, partly because extraordinary losses of ¥100 million related to the sale of fixed assets and other items were recorded in addition to the factors above.」
For the full year, net sales declined 5.7%, the company swung to an operating loss, ordinary profit declined 51.0%, and net income attributable to owners of the parent declined 79.7%. The allowance for doubtful accounts and extraordinary losses related to fixed assets were also cited as factors behind the decline in profit. - FY2020-Q3WorsenedAnnual report
「As a result, consolidated net sales for the cumulative third quarter decreased to ¥36,693 million, down ¥1,768 million, or 4.6%, from the same period of the previous year. Operating profit decreased to ¥143 million, down ¥42 million, or 22.9%, and ordinary profit decreased to ¥399 million, down ¥18 million, or 4.5%. Net income attributable to owners of the parent decreased to ¥256 million, down ¥108 million, or 29.7%, partly because impairment losses of ¥88 million and other items were recorded as extraordinary losses.」
For the cumulative third quarter, net sales declined 4.6%, operating profit declined 22.9%, ordinary profit declined 4.5%, and net income attributable to owners of the parent declined 29.7%. The ¥88 million impairment loss also contributed to the decline in net income. - FY2020-Q2WorsenedAnnual report
「As a result, consolidated net sales for the cumulative second quarter decreased to ¥22,836 million, down ¥380 million, or 1.6%, from the same period of the previous year. Gross profit also declined, partly because an inventory valuation loss was recorded in the first quarter. In addition, due in part to higher logistics costs, operating profit decreased to ¥7 million, down ¥35 million, or 82.3%, and ordinary profit decreased to ¥157 million, down ¥35 million, or 18.5%. Net income attributable to owners of the parent decreased to ¥125 million, down ¥77 million, or 38.3%.」
Net sales declined 1.6%, operating profit declined 82.3%, ordinary profit declined 18.5%, and net income attributable to owners of the parent declined 38.3%. Higher logistics costs, inventory valuation losses and the absence of the previous year’s gain on the sale of fixed assets were cited as factors behind the decline in profit. - FY2020-Q1Improved operating loss and higher ordinary profit, but lower net incomeAnnual report
「Net sales decreased to ¥11,546 million, down ¥43 million, or 0.4%, from the cumulative first quarter of the previous year. Gross profit also declined, partly due to the recording of an inventory valuation loss. However, the operating loss improved to ¥10 million, a ¥7 million improvement from the previous year’s operating loss of ¥17 million, while ordinary profit increased to ¥136 million, up ¥11 million, or 9.2%. Net income attributable to owners of the parent decreased to ¥80 million, down ¥37 million, or 31.7%.」
Net sales declined 0.4%, the operating loss improved, and ordinary profit increased 9.2%, while net income attributable to owners of the parent declined 31.7%. The company attributed the decline in net income mainly to the absence of the ¥53 million gain on the sale of fixed assets recorded in the previous year. - FY2019Ordinary and net profit growth despite lower operating profitAnnual report
「Consolidated net sales for the current fiscal year decreased to ¥49,634 million, down ¥1,180 million, or 2.3%, from the previous fiscal year, and operating profit decreased to ¥185 million, down ¥15 million, or 7.7%. However, ordinary profit increased to ¥433 million, up ¥6 million, or 1.4%, due to increased dividends on investment securities held by the company and other factors. Net income attributable to owners of the parent increased to ¥407 million, up ¥57 million, or 16.6%, due to the recording of a ¥54 million gain on the sale of fixed assets associated with the transfer of fixed assets and a ¥37 million gain on the sale of investment securities.」
For the full year, net sales and operating profit declined, while ordinary profit increased 1.4% due to higher dividends and other factors. Net income attributable to owners of the parent increased 16.6%, including gains on the sale of fixed assets and investment securities. - FY2019-Q3MitigatedAnnual report
「As a result, consolidated net sales for the cumulative third quarter decreased to ¥38,461 million, down ¥1,043 million, or 2.6%, from the same period of the previous year. However, expanded centralized purchasing across the group in the seafood sales business improved gross profit margins for some products. Operating profit therefore increased to ¥186 million, up ¥35 million, or 23.7%, and ordinary profit increased to ¥418 million, up ¥46 million, or 12.5%. Net income attributable to owners of the parent increased to ¥365 million, up ¥62 million, or 20.5%, due in part to a ¥54 million gain on the sale of fixed assets associated with the transfer of fixed assets.」
Net sales declined 2.6%, while expanded centralized purchasing across the group and improved gross profit margins for some products resulted in operating profit increasing 23.7%, ordinary profit increasing 12.5%, and net income attributable to owners of the parent increasing 20.5%. Profit performance continued to improve from the previous quarter. - FY2019-Q2MitigatedAnnual report
「As a result, consolidated net sales for the cumulative second quarter decreased to ¥23,216 million, down ¥1,001 million, or 4.1%, from the same period of the previous year. However, expanded centralized purchasing across the group in the seafood sales business improved gross profit margins for some products. Operating profit therefore increased to ¥43 million, up ¥25 million, or 151.1%, and ordinary profit increased to ¥193 million, up ¥42 million, or 28.6%. Net income attributable to owners of the parent increased to ¥202 million, up ¥72 million, or 56.0%, due in part to a ¥54 million gain on the sale of fixed assets associated with the transfer of fixed assets.」
Net sales declined 4.1%, while operating profit increased 151.1%, ordinary profit increased 28.6%, and net income attributable to owners of the parent increased 56.0%, indicating an improvement in profit performance from the decline through the previous quarter. - FY2019-Q1WorsenedAnnual report
「As a result, operating results for the cumulative first quarter were as follows: net sales decreased to ¥11,590 million, down ¥324 million, or 2.7%, from the same period of the previous year; operating loss was ¥17 million, a ¥39 million deterioration from the previous year’s ¥21 million operating profit, due in part to an increase in the allowance for doubtful accounts; and ordinary profit decreased to ¥125 million, down ¥24 million, or 16.3%. Net income attributable to owners of the parent increased to ¥118 million, up ¥11 million, or 11.1%, due in part to a ¥53 million gain on the sale of fixed assets associated with the transfer of fixed assets.」
Net sales declined 2.7%, operating profit fell from ¥21 million in the previous year to an operating loss of ¥17 million, and ordinary profit declined 16.3%. Net income attributable to owners of the parent increased 11.1% due to a ¥53 million gain on the sale of fixed assets. - FY2018WorsenedAnnual report
「Consolidated net sales for the current fiscal year decreased to ¥50,814 million, down ¥1,164 million, or 2.2%, from the previous fiscal year. Operating profit decreased to ¥200 million, down ¥8 million, or 4.3%, ordinary profit decreased to ¥426 million, down ¥31 million, or 6.8%, and net income attributable to owners of the parent decreased to ¥349 million, down ¥200 million, or 36.5%.」
For FY2018, net sales declined 2.2%, operating profit declined 4.3%, ordinary profit declined 6.8%, and net income attributable to owners of the parent declined 36.5%, confirming that the downward trend in profit seen at the quarterly stage continued for the full year. - FY2018-Q3WorsenedAnnual report
「As a result, consolidated net sales for the cumulative third quarter decreased to ¥39,505 million, down ¥824 million, or 2.0%, from the same period of the previous year. The company was unable to fully pass on higher fish prices across fresh fish and imported products to selling prices, and the gross profit margin declined. Consequently, operating profit decreased to ¥150 million, down ¥146 million, or 49.4%, and ordinary profit decreased to ¥371 million, down ¥162 million, or 30.5%. Net income attributable to owners of the parent decreased to ¥303 million, down ¥328 million, or 52.0%, despite the recording of a ¥16 million gain on the sale of investment securities related to fund management as extraordinary income, partly because the company had recorded a ¥340 million gain on the sale of fixed assets associated with the transfer of fixed assets in the cumulative third quarter of the previous year.」
Net sales declined 2.0% year on year, operating profit declined 49.4%, ordinary profit declined 30.5%, and net income attributable to owners of the parent declined 52.0%, extending the downward trend in profit through the previous quarter. - FY2018-Q2WorsenedAnnual report
「As a result, consolidated net sales for the cumulative second quarter decreased to ¥24,217 million, down ¥576 million, or 2.3%, from the same period of the previous year. In addition, the company was unable to fully pass on the impact of higher fish prices across fresh fish and imported products to selling prices, and the gross profit margin declined. Consequently, operating profit decreased to ¥17 million, down ¥86 million, or 83.4%, and ordinary profit decreased to ¥150 million, down ¥94 million, or 38.5%.」
Unlike the improvement in profit despite lower sales seen in the previous fiscal year, net sales, operating profit, ordinary profit and net income attributable to owners of the parent all declined year on year in the cumulative second quarter. - FY2018-Q1RestatedAnnual report
「As a result, consolidated net sales for the cumulative first quarter decreased to ¥11,914 million, down ¥112 million, or 0.9%, from the same period of the previous year. Operating profit increased to ¥21 million, up ¥6 million, or 40.3%. Ordinary profit was ¥149 million, down 1.0% year on year, while net income attributable to owners of the parent increased to ¥106 million, up 32.4% year on year, partly due to a ¥16 million gain on the sale of investment securities from the management of funds recorded as extraordinary income.」
Net sales declined 0.9%, while operating profit increased 40.3%. Ordinary profit declined 1.0%, and net income attributable to owners of the parent increased 32.4%, partly due to the recording of a ¥16 million gain on the sale of investment securities. - FY2017First statedAnnual report
「As a result, consolidated net sales for the current fiscal year decreased to ¥51,978 million, down ¥1,024 million, or 1.9% year on year, from the previous fiscal year. Operating profit increased to ¥209 million, up ¥36 million, or 21.3%, and ordinary profit increased to ¥458 million, up ¥87 million, or 23.6%. Net income attributable to owners of the parent increased to ¥549 million, up ¥273 million, or 98.8%, due in part to the recording of a ¥340 million gain on the sale of fixed assets in connection with the transfer of fixed assets.」
Net sales declined 1.9%, while operating profit increased 21.3%, ordinary profit increased 23.6%, and net income attributable to owners of the parent increased 98.8%. The increase in net income included a ¥340 million gain on the sale of fixed assets.