Expenses preceding revenue in the investment business
First written in FY2019. 7 of 19 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1MitigatedAnnual report
「As a result, there was no revenue for the six-month consolidated accounting period (no revenue in the previous six-month consolidated accounting period), and the operating loss was ¥1 million (operating loss of ¥3 million in the previous six-month consolidated accounting period).」
While the investment business continues to have zero revenue, its operating loss narrowed from ¥3 million in the same period of the previous year to ¥1 million. Its front-loaded expenses and loss-making position remain. - FY2024WorsenedAnnual report
「As a result, there was no revenue for the consolidated fiscal year, and the operating loss was ¥3 million (operating profit of ¥46 million in the previous consolidated fiscal year).」
The investment business shifted from operating profit of ¥46 million in the previous fiscal year to zero revenue and an operating loss of ¥3 million in the current fiscal year, again indicating its front-loaded expenses and loss-making position. - FY2024-Q2WorsenedAnnual report
「As a result, there was no revenue for the six months ended the second quarter of the consolidated fiscal year (revenue of ¥127 million in the same quarter of the previous year), and the operating loss was ¥3 million (operating profit of ¥56 million in the same quarter of the previous year).」
The investment business shifted from revenue of ¥127 million and operating profit of ¥56 million in the same quarter of the previous year to zero revenue and an operating loss of ¥3 million. Although the company is working to monetize existing investments, the investment business has deteriorated in terms of performance. - FY2024-Q1Loss narrowed despite zero revenueAnnual report
「As a result, there was no revenue for the first quarter of the consolidated fiscal year (revenue of ¥7 million in the same quarter of the previous year), and the operating loss was ¥3 million (operating loss of ¥6 million in the same quarter of the previous year).」
The investment business continues to have no revenue and to record an operating loss. However, the operating loss narrowed from approximately ¥6.08 million in the same period of the previous year to approximately ¥3.39 million. - FY2023-Q3MitigatedAnnual report
「As a result, revenue for the first nine months of the current fiscal year was ¥154 million, up 261.2% year on year, and operating profit was ¥57 million, compared with an operating loss of ¥6 million in the same period of the previous fiscal year.」
The investment business swung from an operating loss of ¥6 million in the same quarter of the previous year to operating profit of ¥57 million, temporarily improving its front-loaded expenses and loss-making position. - FY2023-Q2MitigatedAnnual report
「As a result, revenue for the first half of the current fiscal year was ¥127 million, up 150.5% year on year, and operating profit was ¥56 million, up 268.0% year on year.」
The investment business recorded an operating loss in the previous quarter, but recorded operating profit of ¥56.95 million for the six months ended the second quarter, temporarily improving its front-loaded expenses and loss-making position. - FY2023-Q1WorsenedAnnual report
「As a result, revenue for the first quarter of the current fiscal year was ¥7 million, down 36.7% year on year, and operating loss was ¥6 million, compared with an operating loss of ¥5 million in the same period of the previous fiscal year.」
Revenue in the investment business declined from the same period of the previous fiscal year, and the operating loss widened from ¥5.776 million to ¥6.084 million, with expenses continuing to precede revenue and losses continuing. - FY2022WorsenedAnnual report
「As a result, revenue for the current fiscal year was ¥54 million, down 84.0% year on year, and operating loss was ¥2 million, compared with operating profit of ¥311 million in the previous fiscal year.」
The investment business recorded revenue but posted an operating loss, swinging from operating profit in the same period of the previous fiscal year to a loss. - FY2022-Q3WorsenedAnnual report
「As a result, revenue for the first nine months of the current fiscal year was ¥42 million, down 86.4% year on year, and operating loss was ¥6 million, compared with operating profit of ¥278 million in the same period of the previous fiscal year.」
The investment business, which had recorded operating profit in the same quarter of the previous fiscal year, posted an operating loss of ¥6 million in the first nine months of the current fiscal year, with the state of expenses preceding revenue and losses reported again. - FY2022-Q2MitigatedAnnual report
「As a result, revenue for the first half of the current fiscal year was ¥50 million, down 77.4% year on year, and operating profit was ¥15 million, down 92.5% year on year.」
Although operating profit declined substantially from the same period of the previous fiscal year, the investment business recorded operating profit of ¥15 million rather than an operating loss, and the state of expenses preceding revenue and losses was not reported in the current quarter. - FY2022-Q1WorsenedAnnual report
「As a result, revenue for the first quarter of the current fiscal year was ¥12 million, down 92.4% year on year, and operating loss was ¥5 million, compared with operating profit of ¥153 million in the same period of the previous fiscal year.」
The investment business, which had recorded operating profit through the previous fiscal year, posted an operating loss of ¥5.776 million in the first quarter of the current fiscal year, with expenses again preceding revenue and losses re-emerging. - FY2021-Q3MitigatedAnnual report
「As a result, revenue for the first nine months of the current fiscal year was ¥312 million, compared with no revenue in the same period of the previous fiscal year, and operating profit was ¥278 million, compared with an operating loss of ¥12 million in the same period of the previous fiscal year.」
The investment business shifted from no revenue and an operating loss of ¥12.41 million in the same period of the previous fiscal year to revenue of ¥312.95 million and operating profit of ¥278.03 million in the first nine months of the current fiscal year, moving from a state of expenses preceding revenue and losses to recording profit. - FY2021-Q2MitigatedAnnual report
「As a result, revenue for the first half of the current fiscal year was ¥224 million and operating profit was ¥205 million.」
The investment business recorded revenue of ¥224 million and operating profit of ¥205 million, shifting from the state of expenses preceding revenue and operating losses reported through the previous fiscal year to recording profit. - FY2021-Q1MitigatedAnnual report
「For FRUTA FRUTA INC., we are exercising the stock acquisition rights as appropriate and proceeding with sales while taking market conditions into account. The rise in the company's share price contributed to results. As a result, revenue for the first quarter of the current fiscal year was ¥160 million and operating profit was ¥153 million.」
Although expenses had preceded revenue and the investment business had recorded an operating loss through the previous fiscal year, it recorded revenue of ¥160.742 million and operating profit of ¥153.627 million in the first quarter of the current fiscal year, due in part to the rise in FRUTA FRUTA INC.'s share price. - FY2020Revenue recorded alongside an operating lossAnnual report
「As a result, revenue for the current fiscal year was ¥14 million and operating loss was ¥8 million.」
The investment business recorded revenue of ¥14.406 million, while an operating loss of ¥8.694 million remained. Although business revenue emerged after a period in which expenses preceded revenue, the business did not reach profitability. - FY2020-Q3WorsenedAnnual report
「As a result, there was no revenue in the first nine months of the current fiscal year, and the operating loss was ¥12 million.」
Specifically disclosed that the investment business recorded no revenue and an operating loss of ¥12 million. - FY2020-Q2RestatedAnnual report
「Although expenses currently precede revenue, we will pursue various projects, grow the investment business into one of our core businesses and improve its earnings power.」
States that expenses continue to precede revenue in the investment business and aims to grow it into a core business by pursuing projects. - FY2020-Q1RestatedAnnual report
「Although expenses currently precede revenue, we will pursue various projects, grow the investment business into one of our core businesses and improve its earnings power.」
States that expenses continue to precede revenue in the investment business, while also indicating a policy of pursuing projects to grow it into a core business. - FY2019MaterialisedAnnual report
「Although expenses currently precede revenue, we will pursue various projects, grow the investment business into one of our core businesses and improve its earnings power.」
The company itself states that expenses are in fact currently preceding revenue in the investment business.