Profit Decline in Other Businesses Due to Higher Operating Expenses
First written in FY2018-Q3. 2 of 7 entries say "Mitigated", first in FY2019-Q1. Latest entry: FY2020-Q1.
The whole theme swung hardest in 2024: 3 of 19 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2020-Q1ReframedAnnual report
「Beginning in the first quarter of the current fiscal year, the credit card and credit guarantee businesses, which had previously been included in Other, are now presented as a reportable segment because they have become quantitatively material.」
The credit card and credit guarantee businesses, previously included in Other, were changed to a separate reportable segment because of their increased quantitative materiality, changing the positioning of the former Other segment. - FY2019MitigatedAnnual report
「Ordinary income from the Other segment increased by ¥247 million year on year to ¥724 million, while ordinary profit, which represents segment profit, increased by ¥31 million year on year to ¥105 million.」
In the Other segment, both ordinary income and segment profit increased from the previous fiscal year. - FY2019-Q3Lower revenue and higher profit in the Other segmentAnnual report
「Ordinary income from the Other segment decreased by ¥5 million year on year to ¥336 million, while ordinary profit, which represents segment profit, increased by ¥4 million year on year to ¥81 million.」
In the Other segment, ordinary income decreased by ¥5 million year on year, while segment profit increased by ¥4 million to ¥81 million. - FY2019-Q2Lower revenue and flat profit in the Other segmentAnnual report
「Ordinary income from the Other segment decreased by ¥9 million year on year to ¥219 million, mainly due to lower reversals of allowance for loan losses. Ordinary profit, which represents segment profit, was unchanged year on year at ¥46 million.」
In the Other segment, ordinary income decreased, while segment profit was ¥46 million, unchanged from the same period of the previous year. - FY2019-Q1MitigatedAnnual report
「Ordinary income from the Other segment increased by ¥20 million year on year to ¥172 million, mainly due to higher guarantee fee income. Ordinary profit, which represents segment profit, increased by ¥20 million year on year to ¥29 million due to higher ordinary income.」
Ordinary income and segment profit in the Other segment increased year on year, mainly due to higher guarantee fee income. - FY2018WorsenedAnnual report
「Ordinary income from the Other segment decreased by ¥72 million year on year to ¥477 million, mainly due to lower reversals of allowance for loan losses. Ordinary profit, which represents segment profit, decreased by ¥58 million year on year to ¥74 million, mainly due to lower ordinary income.」
In the Other segment, ordinary income decreased, and segment profit declined from ¥132 million to ¥74 million. - FY2018-Q3First statedAnnual report
「Ordinary income from the Other segment increased by ¥17 million year on year to ¥341 million, mainly due to higher guarantee fee income. Ordinary profit, which represents segment profit, decreased by ¥21 million year on year to ¥77 million due in part to higher operating expenses.」
In the Other segment, ordinary income increased due to higher guarantee fee income, while segment profit decreased due in part to higher operating expenses.