Achieving profitability for the current period and improving earnings power
First written in FY2022. 3 of 6 entries say "Mitigated", first in FY2024-Q1. Latest entry: FY2024.
The whole theme swung hardest in 2018: 2 of 14 companies on the "Worse" side.
11 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「For the consolidated fiscal year, net sales were ¥93,320 million, up 1.3% year on year, operating income was ¥1,071 million, compared with an operating loss of ¥2,234 million in the previous fiscal year, ordinary income was ¥1,474 million, compared with an ordinary loss of ¥1,942 million in the previous fiscal year, and net income attributable to owners of the parent was ¥1,851 million, compared with a net loss attributable to owners of the parent of ¥2,602 million in the previous fiscal year.」
Operating income, ordinary income and net income attributable to owners of the parent were positive for the full year, achieving the target of returning to profitability in the current fiscal year. ROE was 3.7%, below the medium-term target of 8%. - FY2024-Q3MitigatedAnnual report
「As a result, for the cumulative consolidated period through the third quarter, net sales were ¥71,035 million, up 3.0% year on year; operating profit was ¥1,712 million, compared with an operating loss of ¥1,034 million in the same period of the previous year; ordinary profit was ¥2,025 million, compared with an ordinary loss of ¥825 million; and net income attributable to owners of the parent was ¥1,960 million, compared with a net loss of ¥1,336 million.」
Cumulative consolidated operating income, ordinary income and net income attributable to owners of the parent remained positive through the third quarter, indicating continued progress toward a return to profitability and improved earnings power. - FY2024-Q2MitigatedAnnual report
「As a result, for the cumulative consolidated period through the second quarter, net sales were ¥48,089 million, up 3.9% year on year; operating profit was ¥927 million, compared with an operating loss of ¥832 million in the same period of the previous year; ordinary profit was ¥1,070 million, compared with an ordinary loss of ¥714 million; and net income attributable to owners of the parent was ¥830 million, compared with a net loss of ¥1,075 million.」
Cumulative consolidated operating income, ordinary income and net income attributable to owners of the parent were positive through the second quarter, indicating progress toward a return to profitability and improved earnings power. However, this does not indicate that the full-year target has been achieved. - FY2024-Q1MitigatedAnnual report
「As a result, for the cumulative consolidated period through the first quarter, net sales were ¥25,488 million, up 5.0% year on year; operating profit was ¥1,511 million, up 274.2%; ordinary profit was ¥1,524 million, up 246.1%; and net income attributable to owners of the parent was ¥1,249 million, up 549.4%.」
In the first quarter, consolidated operating income, ordinary income and profit attributable to owners of the parent were all positive, improving from the same period of the previous year. However, this does not indicate that the full-year target of an early return to profitability has been achieved. - FY2023WorsenedAnnual report
「We will promote product development and merchandise assortments as a footwear specialist, expand sales channels outside our stores, including e-commerce, and work toward an early return to profitability and improved earnings power.」
Although the company had targeted profitability in the current fiscal year, it posted an operating loss of ¥2,234 million for the full year and did not return to profitability. The company continues to target an early return to profitability by expanding sales channels through e-commerce and other initiatives. - FY2022First statedAnnual report
「The Group aims to improve store convenience and earnings capacity through product assortments and services tailored to each region, and to return to profitability in the current fiscal year.」
For the first time, the company explicitly set a return to profitability in the current fiscal year as a target and identified regionally appropriate product assortments and expanded services as the means to achieve it.