Recovery in Fiscal 2020 Performance and Securing Profitability
First written in FY2020. 1 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2021: 2 of 20 companies on the "Worse" side.
10 other companies' latest entry also says "Other".
- FY2021Failure to meet sales and operating profit targetsAnnual report
「As a result, for the current consolidated fiscal year, the group's net sales were ¥196.841 billion, down 14.4% year on year, operating profit was ¥3.415 billion, down 38.6%, ordinary profit was ¥3.653 billion, down 36.6%, and net profit attributable to owners of the parent was ¥2.343 billion, down 39.3%.」
Actual results fell short of all fiscal-year management targets: net sales of ¥204.0 billion, operating profit of ¥4.0 billion, ordinary profit of ¥4.0 billion and net profit attributable to owners of the parent of ¥3.0 billion. - FY2021-Q2AdvancedAnnual report
「However, the estimated impact is lower than the initial forecast and the earnings forecast announced on 31 July, indicating that the market is beginning to recover.」
Regarding the recovery in performance, the estimated impact of the infection was below the initial forecast and the earnings forecast announced on 31 July, indicating a recovery in market conditions. - FY2021-Q1RestatedAnnual report
「Although market conditions are expected to recover gradually as economic activity resumes, the impact of COVID-19 is expected to persist throughout the year, and the timing of its containment remains uncertain. Accordingly, the full-year earnings forecast remains unchanged.」
While expecting a gradual recovery in market conditions and the impact of the infection to persist throughout the year, the company has left unchanged the full-year earnings forecast presented in the previous fiscal year. - FY2020First statedAnnual report
「We will continue working to accelerate business activities and reduce expenses to secure profitability, but we expect the recovery in performance to be delayed until the second half of the fiscal year. We forecast consolidated net sales of ¥209.0 billion, operating profit of ¥3.1 billion, ordinary profit of ¥3.1 billion and net profit attributable to owners of the parent of ¥2.2 billion.」
For fiscal 2020, the company presented for the first time its outlook for consolidated net sales and profit, assuming that accelerating business activities and reducing expenses would support a recovery in performance in the second half of the fiscal year.